In this period of time, cheating, forgery and speedy practices have increased with the advancement of online platforms. The growing acceptance of online casinos and inadequate regulations have made this platform vulnerable to scammers. As users’ gullibility feeds these unethical, opportunistic con artists, being well aware of the modus operandi used in online casino scams can save us from bankruptcy.
Some of the tactics used by online casino scammers are,
- deposit theft,
- using users’ patience as bait,
- generate adrenaline rush,
- Compromised software and apps,
- stolen identification,
- refuse to withdraw money
Deposit theft:
Online casino scammers lure people into making deposits through their websites or apps and walk away with the money. Sometimes, they don’t just disappear after taking the money. Instead, they let the user do some withdrawals first to gain their trust. Scammers who own this strategy intend to launder huge amounts of money. Once they have successfully encouraged their targets to deposit more money, they vanish with the amount without delay.
When bait users have patience:
Another way of how online casino scammers operate is that they encourage people to deposit a small amount of money with them and then make it difficult for the users to withdraw the money. They deliberately lure people into depositing a small amount as it is easier to leave cash when the amount is negligible. They want users to get frustrated trying to withdraw their money and eventually give up.
Generating Adrenaline Rush:
Sometimes, even legitimate online casinos intentionally let their participants win for short periods of time in order to generate an adrenaline rush in order to win more money. They execute these pranks with the help of rigging software. This strategy also doesn’t go off the list. Online Casino Scams Because this is one of the most unethical and illegal practices that the online betting industries have. Sometimes they even run pirated versions of legitimate games.
Hacked software and apps:
Compromised software and apps from unscrupulous operators pose a risk of ransomware attacks. In Ransom ware attacks one may lose their essential files and documents forever or may have to pay a fortune to gain access to their systems. Therefore, it is always advised to avoid downloading online casino apps from unknown sources and verify the software before using them.
Stolen Identification:
Identity and personal information theft has become very common these days. All these scammers obtain personal information of their users through fictitious websites and sell them on the black market. Identifying identity theft as a legitimate or illegitimate business is difficult because they all demand users’ personal information to enroll. The only way to prevent a casino scam is to conduct an independent investigation before participating.
Withdrawal denied:
Online Casino Scam This also happens when scammers refuse to pay money won by participants. They either refuse to withdraw money from you, or they don’t respond to your emails and phone calls. Scammers sometimes try to legitimize their scam by telling winners that it is covered by their terms and conditions policy. Many a times they actually mention it in their terms and conditions but make it very complicated to understand thereby fooling the unwary participants.
Spyware Attacks:
Like ransomware attacks, spyware deployed by illegitimate online casinos through apps and websites signals into our devices. They steal our identities and other personal information through spyware and trade them on the black market or use them for their own personal gain. Thus, it is important to opt for independent research before downloading any online casino app and software.