Gambling Scams To Be Wary Of
Introduction: Gambling Scams To Be Wary Of
Since the first caveman rolled some bones onto the cave floor, gambling scams have existed. Over the years various players have scammed their way to huge fortunes. But today’s gambler will find scamming much more difficult to pull off. Regulators and game providers are much more vigilant, helped by programs especially designed to spot flaws and unusual patterns in safety and security sectors of the business. Having said that, there are still those who continue to try and find methods to fleece unsuspecting players.
Land-Based Casino Scams
We all know that online scams exist. And even the best online casinos with jackpots have fallen for them. But not True Flip Casino. Their security is second to none. But they appear to be appearing on the radar less and less, as technology finds ways of discovering and then tackling these scammers. Still, it’s a bit like “whack-a-mole.” You knock one out and then another one appears in a different place. With bricks and mortar casinos, the chances of pulling off a scam are pretty minimal. For a start, there’s some serious security used throughout the premises. From the “eye in the sky” constant video technology to all the different staff who are watching both the customers and the other staff, it would not be an easy job to pull off a scam that would net enough to make the risk worth while. So we think we can pretty much rule out the idea of gambling scams taking place in land-based casinos. Of course, there may be some super-sophisticated scam going on right now. Maybe they are simply flying over our heads with the use of new-found technology. But we doubt it! It’s still pretty safe to find a casino to win the jackpot.
Gambling Scams: Information Is Scarce
A big problem with looking into the field of gambling scams is that there’s very little information available about the issue. Normally, when a gambling scam is discovered, law enforcement, as well as the victim, are encouraged to keep the nitty-gritty details under wraps. This is in case others learn from the scammer’s mistakes and do a better job. Having said that, there is information that shows that the rate of “game abuse” is dropping. For the punter, there are now any number of “scam busting” websites that specialize in casino reviews. These, coupled with constantly improving regulatory frameworks suggest that those tasked with finding and closing their own gambling scams, are being more successful in their endeavors.
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Gambling Scams: Facts and Figures
Before we start looking into gambling scams and how common or not they happen to be, we’ll first need to gauge just how prevalent they are. Numbers are hard to come by as the authorities say very little about this matter, apart from the usual window dressing. In the US, states have different rules on what might constitute a gambling scam, along with laws on collecting data and publishing. So that produces a pretty fragmented landscape to look through to make sense of scamming. Using the very limited research that we can get our hands on does tend to paint a positive picture of efforts against scammer and their ilk. The Innovation’s 2019 Gambling Industry Report found that the growth of cheating and “game abuse” was around 55% in 2017. This pace slowed to just 12% by the following year. Though the report gives no indicators as to what might have brought about this drastic change, we’ll have to assume that some additional steps in either law enforcement or security have plugged security holes in casino systems and jackpot games and found ways to dissuade criminals from trying.
More Proactive Regulation
One thing for sure, and that’s regulation of online casinos has been strengthening from one year to the next. This adds yet another important layer of security for the casino’s customers. In the US, the regulation was so strict, that it was almost impossible to find a bookmaker able to take a sports bet. Thanks to PASPA, or the Professional and Amateur Sports Protection Act of 1992, almost all sports betting in the US is out of bounds, and only available to all but a tiny number of specific locations.
Luckily for bettors, PASPA was repealed in 2018, finally opening the doors for sports bettors to enjoy themselves and bringing sports betting to a wider audience. Even better news is that the culture of regulation that PASPA created, persists today. Many companies are still using the tools they helped provide and maintain tight security, including keeping strong accounting systems and filing comprehensive reports. All of these factors are going to help ensure that the customer is kept in a safer environment.
Gambling Scams: Review Sites
In the early days of the web, there was certain lawlessness that existed and it meant that gambling with online casinos was always a bit of a risk. But as time passed, these fly-by-night companies gradually fled the scene. Part of their outing was by customers themselves. They were able to harness the power of social media to help expose shady business practices along with their names and companies. These reports went on to become what we know of today as review sites. Now any gambler can log-in and read all about an online casino before depositing any monies into their newly opened accounts. It’s thanks to these review sites, that gamblers can now play with more confidence. And it allows you to increase your jackpot winning chances. One of the best aspects of these review sites is that many of them are user-maintained. More often than not, a user got burnt by a gambling scam. And their first reaction was to open a site to warn other gamblers of their unfortunate experiences. Thanks to the internet, all this information travels around gambling circles very quickly, leaving less time for the scammers to make their mark and find other innocent victims.
The other useful thing the internet provides is information on how and who to contact in the case of being scammed. Today, a simple Google search will bring up the contact details of the regulators tasked with prosecuting online crime and fraud. Going back a few years, it was difficult to find the correct authorities to approach if you’d suffered the indignity of losing your money to an online scammer. We suggest that you follow 5 major safety tips for online gambling. Luckily, with the opening up of the online gambling space to more and more jurisdictions, law enforcement isn’t far behind. For a fully licensed and scam free time playing online, we recommend True Flip Casino. With over 1900 games, they also offer a very generous welcome bonus.
Conclusion: Gambling Scams To Be Wary Of
We’re not so naive to believe that all gambling scams are a thing of the past. As technology improves, it follows that the methods of the scammers will also become more and more sophisticated. Whether you have security or regulators in place is almost a moot point. Scammers are gonna scam! As a customer, we suggest that you follow as many safety protocols as possible to reduce the chance of you losing your hard-earned cash to a bunch of online thieves.
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