Common Online Gambling Fraud

[swogerino]

I would like to add another point to that list.

7. social engineering (Soft begging)

I have seen a lot of times people in the casinos chat telling some really sad stories with the intention of touching other users' hearts and that way receiving some coins. We can call it the shame speech.

Sometimes it works and other times they just get ignored but is a practice that has become more common nowadays, and users must be careful with this practice.

I have seen such happenings not at that level you are saying here,but in the Stake chatroom there are a lot of good hearten people that were sending tips to other users having bad luck,while this is in no way shame speech,the fact that some users were complaining about bad luck to other people with better luck they got in some way what they wanted to continue playing,the tips of course were small,a maximum of 0.10 Litecoin I saw there yesterday but this is something normal for me,this is not social engineering nor shame speech,just normal gamblers asking for support other fellow gamblers,something unique I would say only in the gambling community as I remember when I used to play in offline casinos when I lost everything in a night there,some other fellow gamblers tipped me each about 10 Euros and I was happy for such gesture.

People who abuse this of course are using social engineering and shame speech.

[taufik123]

Fraud is intentional deception to secure unfair or unlawful gain. Fraud and fraudulent activities can be found in every spheres of life. In the online casinos and betting there are common frauds that are perpetrated by criminals in the guise of gambling. They include:

Do not forget about Money laundering where the perpetrator uses gambling site to wash the history of their fund.  

This is what often happens in large transactions. Online casino sites are becoming money laundering venues as criminals only need to convert their stolen money into casino chips and do some gambling, then withdraw it to a different account or address.

As happened in the money laundering case by a Virginia attorney who was convicted of laundering $250,000 in money at the Taj Mahal casino in Atlantic City. After transferring $250,000 in embezzlement funds to a gambling account, he purchased $10,000 worth of casino markers, forfeited $1,000, and withdrew the remaining funds.
https://www.state.nj.us/lps/newsreleases06/pr20060203c.html

this is a Cash-in Cash-Out method, dividing money into smaller betting accounts, or requesting that the credits withdrawn be made available in another jurisdiction.

Some the other, more sophisticated methods are the Vancouver money laundering method which was used to launder millions of dollars through British Colombia casinos from 2008 to 2018. This method combines Hawala (https://en.wikipedia.org/wiki/Hawala) elements of traditional money laundering methods by combining cash-in cash-out tactics.
Many other methods of money laundering are through gambling.

So we can say that it isn't the only players who are involved in fraud but also the gambling platform, worst even the third person which is known as the hacker and criminal are also involved in online gambling fraud.

All parties can even be involved. So vigilance is required to check the online casino that you want to use for gambling.

Some online casinos are currently implementing KYC for withdrawing a certain amount of funds, thereby avoiding money laundering. Casinos that get legality from the government will be monitored to prevent criminal cases such as money laundering etc.

[bittraffic]

There's also the match fixing.

And the fraud goes with those people claiming that they know a match that's about to be fixed and from there, they're asking people to deposit and bet also with them.

Those that are gullible to believe them, not too curious about asking for any verifications are likely to fall for this type of fraud. Due to their greediness, they're forgetting to verify and ask certain questions and deposit quickly.

That's the problem that's coming back to them because of being greedy.

Is this really happening these days, apart from in movies and TV series? I seriously doubt it. I mean, of course, match fixing is happening every day somewhere on our planet, but not in the matches of the level high enough to be represented on reliable gambling platforms. So, if someone is saying  to you that a match of high level is fixed, indeed it's stupid to believe them.

There are several threads of these kinds where users are claiming they happen to be an insider of a fixed match. I don't know if anyone will still believe those things, particularly the people in this forum as we have already seen all fraud on earth. Even the ones you would never really expect to be a fraud tend to become one.

OP listed fraud that is done by gamblers in the casino which had been common in casinos. Someone should also be listing frauds done by casinos.

[Plaguedeath]

Another fraud is using multiple accounts to avoid bet limit.

Usually when the gambler is really lucky and always win, the casino will limit the gambler's maximum bet since it's to prevent the gambler will make a lot money if he bet large amount. I don't really understand why such user done this because they can just move to other reputable and trusted casino, there's no huge difference with each casino, only the odds is smaller, but the difference isn't huge maybe around @0.01-0.05.

[molsewid]

I would like to add another point to that list.

7. social engineering (Soft begging)

I have seen a lot of times people in the casinos chat telling some really sad stories with the intention of touching other users' hearts and that way receiving some coins. We can call it the shame speech.

Sometimes it works and other times they just get ignored but is a practice that has become more common nowadays, and users must be careful with this practice.

I have seen such happenings not at that level you are saying here,but in the Stake chatroom there are a lot of good hearten people that were sending tips to other users having bad luck,while this is in no way shame speech,the fact that some users were complaining about bad luck to other people with better luck they got in some way what they wanted to continue playing,the tips of course were small,a maximum of 0.10 Litecoin I saw there yesterday but this is something normal for me,this is not social engineering nor shame speech,just normal gamblers asking for support other fellow gamblers,something unique I would say only in the gambling community as I remember when I used to play in offline casinos when I lost everything in a night there,some other fellow gamblers tipped me each about 10 Euros and I was happy for such gesture.

People who abuse this of course are using social engineering and shame speech.

I remember in some other gambling site such as bitsler if I'm not mistaken, they prohibit people sending some chats or messages that is irrelevant or not really related to the gambling. Yes it is not that bad giving some tips to those who are not lucky that day, it is not responsibility if that person doesn't say the truth or they just want to make a fraudulent act towards other people, if you want to give to them then give, if not then don't.

[mvdheuvel1983]

• 6. Chargeback Fraud
  Also known as friendly fraud, this is when a legitimate customer files a chargeback under false pretenses to get their money back. It happens rather frequently in online gambling, when a person who just lost a lot of money might phone their bank, say that their card was used without their knowledge, and then get their gabling losses refunded. Gambling establishments may counter the onslaughts. However, if they receive too many chargebacks, it could result in damaging their relationship with card providers. Being unable to support payments from a major card issuer can basically cost them their business. More often than not, just swallowing the loss is more practical than fighting it.

Charge back fraud is not restricted to online casinos only. E-commerce experience alot of it. The most perplexing thing is that neither the banks nor credit card companies
will ever side with the seller or the casino operator even when a chargeback is clearly fraudulent. It’s a huge problem. I wonder people do this. Is it to get back that the casinos ? And is there a limit to which the banks or credit card companies will push to carry out an investigation?

[noormcs5]

Bonus abused is what’s common on online casino available in the forum because the rest that involves credit cards is very rare since only few casino accepts direct credit card payment to top-up casino balances. The collusion and other abuse that categorized under multiple account is next to the bonus abused for the most common issue here. Looking on the scam accusation board that related on casino shows that most of the user that reporting case are those who abuse the casino bonus and using the forum to get support and play victim.

The charge back abuse is new to me. This is really prone to abuse if casino allows card provider to charge back their customer loss.

These days most of the gambling sites are based on the crypto and bitcoin related and the use of credit card is very limited. I do not say that the credit card or fiat based casino are gone but at least the users of this form mostly prefer to play on crypto related casinos.

People always try to abuse the gambling bonuses and other stuff but eventually the system catches them and they lost their account. I don't think there is anyone who can abuse the system forever

[blockman]

Abuse bonus is the most common fraud that's being dealt with by the casinos. And we usually see someone complains about a certain casino but when investigated and after that, the conclusion is that they've abused the bonuses being offered.

OP listed fraud that is done by gamblers in the casino which had been common in casinos. Someone should also be listing frauds done by casinos.

I agree, there are casinos that make excuses even if the gambler is eligible for the bonuses they offer.

[jossiel]

There's also the match fixing.

And the fraud goes with those people claiming that they know a match that's about to be fixed and from there, they're asking people to deposit and bet also with them.

Those that are gullible to believe them, not too curious about asking for any verifications are likely to fall for this type of fraud. Due to their greediness, they're forgetting to verify and ask certain questions and deposit quickly.

That's the problem that's coming back to them because of being greedy.

Is this really happening these days, apart from in movies and TV series? I seriously doubt it. I mean, of course, match fixing is happening every day somewhere on our planet, but not in the matches of the level high enough to be represented on reliable gambling platforms. So, if someone is saying  to you that a match of high level is fixed, indeed it's stupid to believe them.

Yeah, there were folks that have posted and offered that in here but I wasn't sure if they're for real but most likely, I think that they're not.

And that's the fraud that's being done by other gamblers or users which I've just noticed and I'm sure that not only me that have noticed that but also the other forum members in here.

It really look stupid at all but there's a likely that a few falls for that.

[Viscore]

• 5. Credit Card Fraud
  At gambling websites, it is very typical to see thieves using stolen credit cards. If they can get the card to work, they can quickly and easily cash out. Cybercriminals can use a stolen credit card to top up an online casino account. From there, they can withdraw in cryptocurrency.

That is why it is good to protect your phone against sim swap attack, if OTP is not received, the scam will not be successful. But the most important thing is to protect your card pin, if protected and not known to scammers, they will not be able to withdraw from your bank. In my country, this type of scam is common, the scammer will call you, doing as if they are from your bank, ask you about an OTP sent to your phone or asking about your pin. There are some that do not require pin, but do not give scammer OTP sent to your phone, even do not bother to talk with them at all.

This is also quite common in our country. You’ll be only surprised seeing someone got your number and pretend that it’s the bank representative. So it would be wiser not to entertain texts like this or strangers suddenly asking about your OTP. And immediately report the incident to your nearest branch so that they will take action about this and you will have better security on your own credit card.

[serjent05]

• Non-payment of winnings

This is common to fake casinos or those who do have not enough bankroll to pay the player.  Casinos may not intend to defraud their player but they were forced to because of a lack of funds.  While casino that is created to defraud their player will never pay any winnings at all.  And another thing, some known casinos also use this selective non-payment of winnings in order to make their operation continue while defrauding some of their players.  This selective non-payment of winnings is done in order to have some of the players refute the conflict and at the same time support the casino.

[milewilda]

• 5. Credit Card Fraud
  At gambling websites, it is very typical to see thieves using stolen credit cards. If they can get the card to work, they can quickly and easily cash out. Cybercriminals can use a stolen credit card to top up an online casino account. From there, they can withdraw in cryptocurrency.

That is why it is good to protect your phone against sim swap attack, if OTP is not received, the scam will not be successful. But the most important thing is to protect your card pin, if protected and not known to scammers, they will not be able to withdraw from your bank. In my country, this type of scam is common, the scammer will call you, doing as if they are from your bank, ask you about an OTP sent to your phone or asking about your pin. There are some that do not require pin, but do not give scammer OTP sent to your phone, even do not bother to talk with them at all.

I have experienced this kind of thing maybe twice or thrice which on my first call on the thing that i dont still have the experience which it would really be mind boggling on how he hell banks would be calling you out and asking that personal thing which is otp and pin code where if your common sense is still intact then you would be raising up those questions into your mind and you would be rethinking that there's something wrong.
Good thing that i have those kind of doubts and trying out to ask some questions into that someone who called and finds out that he cant answer up some questions directly and this is where
suspicions do becomes strong and did opt to hang up and never answered that call again.

[Ebede]

I have even noticed this sense that some of the gambling platforms fruad people with the name of owners are the which many people in this forum always fall into. So with the bonus some of the platform issues to people make many people to kill up in the platform and the deposit forms and the after deposition the platform can decide to have a server problem. And it will be the end of the platform

[harizen]

Cybercriminals can use a stolen credit card to top up an online casino account. From there, they can withdraw in cryptocurrency.[/li][/list]

Out of curiosity, what crypto-gambling sites can be topped-up using a credit card?

And as far as I know, gambling sites with credit card options as a deposit method are all subject to KYC and it should match the cardholder's name. It's not your typical card number + the 4-digit number on the back of the card.

Just want to know what crypto-gambling are these as I don't have any idea.

[libert19]

Still the crypto industry has to deal with bonus abuse, though.  

Almost all bonuses given these days require wagering requirement to be fulfilled. Imo it deals with bonus abuse fine.

Better remove bonuses completely than putting any further restrictions.

[Fundamentals Of]

These are fraud committed by gamblers. But there are also fraud committed by casinos themselves. It's not only players that are trying to do some cheating. Many casinos are not even compliant with all gambling laws. Some are not honest in how fair their games are. Some provide terms and conditions that are in favor of themselves and not to their players. Some wagering requirements for instance are highly questionable. Some casinos are also not paying jackpots on some questionable basis. I've just read a thread here where a gambler who won millions was not paid but only given a steak instead.

In terms of fraud, I think casinos commit them more than players.

[traderethereum]

I have even noticed this sense that some of the gambling platforms fruad people with the name of owners are the which many people in this forum always fall into. So with the bonus some of the platform issues to people make many people to kill up in the platform and the deposit forms and the after deposition the platform can decide to have a server problem. And it will be the end of the platform

If that platform is really scamming people, then we should warn other people in this forum because we don't want to see many people having a bad experience playing in that scam casino.
And we have seen that even though many people complain about the casino, the casino also does not try to fix and solve the problems experienced by its members.
This is why we always warn them so that no one else will be affected by the deception, even though I doubt it can work successfully.
Most people out there play gambling based on what they find from search engines and immediately deposit money without looking for more information.
They are only interested in the big bonuses they can get but don't know that the casino is a scam.

[len01]

Still the crypto industry has to deal with bonus abuse, though.  

Almost all bonuses given these days require wagering requirement to be fulfilled. Imo it deals with bonus abuse fine.

Better remove bonuses completely than putting any further restrictions.

it's not possible.
removing the bonus completely is the same as the gambling plaform does not do any marketing.
this bonus is one of the marketing forms of a gambling platform to attract more customers to enter there. if removing the bonus to avoid fraud, that I think is not the best way.
fraud in the world of gambling has become a natural thing and the most common thing that occurs is bonus abuse fraud. it is unavoidable and has become such a habit that is attached to gambling.
so removing the bonus is not the best way for me.

[btc78]

That's all for now. Thank you for reading.
What other common or uncommon type of online gambling fraud have you noticed?

two of the given above is what I already experience though they did not succeed in their plans but once I was a target.

maybe this is why we must be never lazy in dealing with security and properties because in the end ? we are all losers  from our gambling activities that mostly Site/Owners are winners and also victimizing us from all over the place.

[GreatArkansas]

• 5. Credit Card Fraud
  At gambling websites, it is very typical to see thieves using stolen credit cards. If they can get the card to work, they can quickly and easily cash out. Cybercriminals can use a stolen credit card to top up an online casino account. From there, they can withdraw in cryptocurrency.

That is why it is good to protect your phone against sim swap attack, if OTP is not received, the scam will not be successful. But the most important thing is to protect your card pin, if protected and not known to scammers, they will not be able to withdraw from your bank.
(....)

Thanks to cryptocurrency, we can somehow avoid this kind of fraud. But it is prone for some Bitcoin or any cryptocurrency wallets that have been hacked and they will use the funds for gambling, after the scammer/hacker got the funds from someone, then they can deposit it to a gambling platform, which is almost the same of this Credit Card Fraud. But I think, the gambling platform for this is already out for this matter.