How to be Smart with Gambling Scams

With the advent of technological advancements, people can find ways on how to do things differently. The problem is that some of these things do more harm than good.

One of the greatest problems brought about by technology these days are the scams. This is because with high-tech gadgets, most scammers can easily identify the information that they need so as to get hold of a person’s bank account, credit card, etc.

One great example of scams is those that are used in gambling. These fraudulent activities are so prevalent in gambling, especially online-gambling because a lot of people want to earn money. They are so hooked up with earning money that they tend to neglect areas that need careful analysis.

People who fall easily as prey are those who are vulnerable to ads that states about easy money, sure win, or higher chances of winning.

However, there are still ways to deal with these problems. The bottom line is to identify which gambling activity is fraudulent or not.

Here’s how:

1. People should learn to assess things whenever somebody is pushy about a certain thing. Chances are, if they are so pushy, they want to get what they want whatever the case may be. It’s like giving their victim a “now or never” ultimatum.

If a certain gambling activity claims it can’t wait until the next day, chances are, that activity is a scam.

2. Surveys show that when a certain gambling activity is offering lots of money in a short span of time for just a small fee, there is a higher probability that it is a scam.

The bottom line is that, if it looks and sounds too good to be true, chances are it is a scam.

3. If certain rules and regulations are too vague to be understood, chances are it may be a scam. This is because scammers will usually not lay down all the facts. They have hidden agendas or costs that will reap more money once they get their victim on the hook.

4. A gambling deal that would offer something for nothing is definitely a scam. In most cases, people get something without giving in return…at first. What’s more, they even give people a money-back guarantee, which may sound so enticing but all the more it is just like that, an enticement.

So, for people who fall to these kinds of situations, it would be better to be wary next time around. As they say, a person will never know what a scam is unless he knows how to spot one.

Avoiding Online Gambling Scams Before they Happen

Gambling scams were never as recognized and as widespread as when it finally came in contact with cyber space. Online gambling, although beneficiary for those gambling aficionados, allowing them to gamble and avail of the enjoyment at home, also has some of its downsides more specifically the existence of online gambling scams.

Online scams usually include the refusal of a certain game company to “give you” your winnings. Some gambling scams may even go as far as totally refusing to let you win with absurd probabilities, and then refusing to let you cash out the remaining money you’ve got left.

One way to avoid these scams is to know what they are. Here are two most prevailing online gambling scams that you should be aware of, and should be able to detect easily.

Illegitimate Bonuses

Some gambling companies even go as far as inviting their former scammed customers under the ruse of “bonuses” telling them how sympathetic they are about you being scammed, and offering a bonus if you play with them instead. Just think, where did they get your contact details? Well they got it from that short form you filled out when you joined the first scam casino, and they’re actually looking to rip you off again.

What do they do? When it’s actually time for you to claim your bonus, they say that you are ineligible to receive the bonus.

To avoid being re-scammed, never fall for these types of offers. Even if you haven’t been scammed yet, they’d still send you a bonus offer then refuse to give it to you once you’ve deposited your money. A good rule of thumb with online gambling, if it’s too good to be true, then it probably is.

Piracy

One way to know a legitimate online casino is its affiliations and memberships; one such is the Interactive Gaming Council (ICG). However, logos provided by such organizations can easily be copied on the net, and what scammers do, is they imitate, sometimes, go as far as duplicating the design of a legitimate casino to pass off theirs. It is a good measure to look up the name of the online casino on the members list of the certain organization. ICG and others usually provide an easy to browse and search members list on their web sites.

To make sure that the casino you’re subscribing to is legit, type the company name and the word review in the search engine and read about them, you’ll more or less get an idea of how they work.

What You Don’t Know May Hurt You: Avoid Offline Gambling Scams

With commodities escalating to greater heights, more and more people are continuously are getting poorer each day. Here, there, and everywhere, people can be found seeking ways to sustain their daily lives.

Hence, getting into fraudulent activity is another way of combating the hard times. No wonder why people are experiencing scam-related activities these days, especially those who are into gambling activities. This is because in gambling, more people are easily enticed to engage into activities that will give them an easy way to win.

The Common Offline Gambling Scam

Contrary to most popular belief, gambling scams do not just happen in the Internet. In fact, surveys show that there are more people who get victimized by scammers off line than online.

One of the common gambling scams is the identity theft. This is so prevalent because most of the people who play in the casinos use their credit cards to buy the chips.

For people who are not aware of the scheme, they will fall easily as prey. In fact, the Federal Bureau of Investigation has estimated 350,000 to 500,000 of identity theft cases in the United States each year. This goes to show that more people are not as aware of how their identity gets to be stolen.

How to avoid them

There is no better way to avoid any kind of scam but to educate one’s self. Proper information about these activities will definitely help people identify any probable signs of scam at once. It is alarming to note that there are so many cases of scams these days just because people are not aware of them.

In the Financial Crimes Division of the Secret Service, authorities receive approximately 11 complaints a day from victims and 300 to 500 calls from people who have related problems. Most of the reasons why they were victimized were based on the fact that they did not know it was a scam and that the idea presented to them seemed okay.

Indeed, if people are just aware of the things that are happening around them, things would be better. So, in order to give those scammers the things that they truly deserve, it’s best to educate people about the activities so that they can easily report the fraudulent person at once.

As they say, ignorance is not an excuse. It really pays to know everything.