While online casinos have great advantages, it’s important to note that there are also pitfalls. One of these pitfalls is the fact that it’s easy to be scammed.
Common online casino scams include bonus frauds where players are enticed with bonuses at the time of joining. Others include deposit theft, rigged games, and malware among others. Scams can keep changing from time to time, but understanding the most common ones will prepare you to take caution and be safe.
Here are common types of online casino scams you should know about.
Chip dumping is related to money deposits or money laundering in online poker games. One or more players sit together and agree to lose from another player. They then throw in all their chips in one player’s bankroll to help them fulfill their criteria for a bonus. Therefore, you need to avoid playing against other people on a site that you have just joined because some people may bet against you.
Some scammers aim to get as much money from you as possible. As such, they tend to rig their games. Rigged games are designed to make players lose their game when they play. A good game should have an RTP (Return to Player Percentage) of between 88 and 96 percent. Keep off games that don’t have that much RTP.
The agreement scam
The motive behind this type of scam is the bonus. A group of players will make an agreement which they then plan to implement on a series of games. This helps them leave the table with an additional registration bonus, and they won’t have to invest their money in gambling. The best way to avoid this is to play on a regulated website that is trustworthy.
Some scammers create online casinos that are purely aimed at enticing players to join and download files that end up being malware. Therefore, avoid downloading files from any random gambling sites you come across. Instead, take your time to perform extensive research about the gambling company.
Warning signs of online casino scams
- If the bonus is too good to be true, that’s a clear sign of a scam.
- If the online casino site doesn’t have a verifiable license presented on their website for transparency, it’s definitely a scam.
- Lack of customer support such as email address, phone number, or chat.
- No RTP information (Return to Player Percentage)
- Payment options are limited or only restricted to one.
It is possible to win through online casinos, but only from the legit ones. Therefore, ensure you conduct the best research first before signing up with any casino site.
The best advice is to check appropriately and avoid registering with fake websites that are only out to exploit players. Overall, online casino scams are real, which means you need to exercise caution to avoid being a scam victim.
At Scam Help, we understand that many players are losing their money to online casino scams. If you have lost your money to online casino fraudsters, please get free consultation as a first step towards recovering your funds. This free consultation will determine your eligibility to recover your funds.