Online sports betting are an increasing business modality. Their rapid growth has lead to several frauds and scandals. Large amounts of money are on stake and this opens a door to malicious persons who find here an intricate way of making illegal easy money stealing it from you and other honest gamblers.
So, how to avoid online sports betting frauds? The answer can be resumed in two parts:
1. Bet only with recognized bookers or at known and certified online casinos
2. Be aware of the different possible frauds so as to be alert in case you get to be tempted.
1- Minimize your chances of becoming a victim of betting fraud by placing your bets only at an eCOGRA (e-Commerce Online Gambling Regulation and Assurance) certified casinos or with recognized sports books. Ecogra is a non-profit organization established in 2002 in order to regulate the online betting market and it aims to establish fair gaming practices. Do not hesitate to spend some time finding out about your sports book, ask for personal references, ask friends or relatives for recommendations.
2- Be conscious of the probably frauds you might be victim of.
Do never answer emails in which your favorite booker or casino asks you for a password or personal details. Someone will most likely be faking their identity so as to get your data and steal you once they obtain it. Email spam for example will try to obtain your login name and pass to bleed launder funds.
You can be tempted by fraudulent bookies or casinos by being offered high bonuses that once you get involve you will later be denied based on senseless excuses. Criminals may manoeuvre odds to their favour. When your losses seem to be unusual, you should better open your eyes and do some search.
There are countless ways you could be stolen betting online, so common sense will always be the best advice here. Remember that no one will give you anything for free, and always keep your eyes open if you receive promises of miraculous bets that will lead you to instant wealth.