Common Online Gambling Fraud

[Negotiation]

Many good sites are fraudulent, making it difficult to catch scams online casinos can be quite addictive. Many players usually do not know when to stop playing and end up losing more money than they should therefore, players should set rules about how much time and money they can spend on casino sites. Any sane player must curb greed and passion otherwise they risk becoming victims of gambling addiction.

[slapper]

Don't forget probably the most common and used scam online.  MITM - Man in the middle.  I'm certain there are sites out there posing as other sites and hoping you wound up there by accident only to sign up or login and either have your login stolen, or make a deposit to the fraudster which you will never see again.  This is a scam I see commonly involving escrows here, where one user will try to get another to communicate via Telegram where they use someone's identity here to lure you into a false sense of security, only to have you send them funds which you will never see again...  Be careful out there folks.  It's hard to be overly paranoid when you are sending someone over the internet money.

Man in the middle scams are unquestionably something to be on the lookout for. Always double check the website's URL before providing any personal information or doing a purchase. Additionally, use particular caution if someone calls you out of the blue and requests that you switch the conversation to a different platform. Before sending any money, make sure the website you're dealing with is who they say they are. To be safe is preferable to being sorry.

[Lida93]

There are loads of gambling fraud happening on daily basis, neither the gambler or the gambling sites are except from being a victim or perpetrators as the case may be. Currently now, someone somewhere has just been defrauded. Gambling fraud is a crime of international concern to which millions of dollars are believed to be lost into yearly.
 And thats why many gambling sites are dead serious with their KYC policy which they believe it's one of the ways to mitigate these illegality in gambling.

[madnessteat]

^

Do you really think that KYC can somehow limit cheaters? Nowadays you can buy any documents on the black market and use them to register at almost any gambling website. Scammers do exactly that, so personally I don't think the KYC can in any way restrict scammers on the internet. To avoid getting caught by scammers, each of us should treat our money and online activities more responsibly and share our experiences with the community to uncover fraudulent schemes faster. 

[goldkingcoiner]

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:

• 1. Bonus Abuse
  Bonus abuse is the practice of joining up for a service repeatedly using promotional offers that are typically only available to new members. There are various terms are used to describe it, such as bonus abuse, casino whoring, bonus hunting, and promo abuse. This practice, known as multi-accounting in the fraud world, frequently targets no-deposit bonuses like free spins or free money. It mostly affects poker, casino, and sports betting websites, but any business that leverages signup bonuses as a marketing strategy may be at risk.
  
  The problem is that fraudsters attempt to create as many new accounts as possible, relying on stolen IDs, resulting in synthetic identity fraud and prepaid credit card details to bypass the Know Your Customer (KYC) checks. More sophisticated criminals can also have the resources to use emulators, virtual machines, and even residential-like IPs, such as Socks5 proxies or mobile networks to leverage fresh IP addresses.
• 2. Collusion
  The use of numerous accounts by one person or a group of individuals who work together to influence a particular outcome is known as collusion. The most popular target of collusion schemes is online poker. Players occasionally open new accounts to restart from scratch. A poker tournament's big pot may potentially be won through collusion. However, it can also happen in other card games such as Blackjack. Sometimes, players collude to commit bonus fraud.
  
  Players might even engage in self-collusion by creating many accounts and then use one account to win over another. For example, two players register and make a $500 deposit to receive a $50 signup bonus. They can lose to each other until they reach the rollover requirements. Upon meeting the conditions, both players can cash out, and each walks away $50 richer.
• 3. Chip Dumping
  Chip dumping is the act of purposefully losing chips to another player at the table. It's something that thieves have been known to use in an effort to launder money they have acquired illegally. They believe that if they lose all of their money to a different poker account that they already own, that the original source of the funds might be lost. They hire individuals to gamble online and lose to a single person. Once that person cashes out, the money will appear as legally earned. It is a form of collusion
• 4. Impersonation
  Impersonation is when a player acts on behalf of somebody in a nonconsensual manner. They do that using stolen accounts. Moreover, fraudsters would look for proxy servers using SOCKS5 VPN and RDPs. There, they can conduct impersonation and other fraudulent activities. Impersonation can also happen with consent, like in an affiliation scheme. An experienced player uses an account to play on behalf of a newbie. They will enjoy their perks and fraud online gambling sites for profit percentages.
• 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.
• 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.

Note that - Collusion, bonus abuse and chip dumping are subcategories of Multiple account fraud.

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

That is a very nicely detailed list! I am sure there are other frauds but I think they are derivatives of the main ones that you just mentioned. Good job on keeping the community alert! IOU 1 merit.

Fraudsters tend to target both online gambling casino websites as well as their visitors. I would also mention the phishing frauds going around. They are easy to spot but people tend to keep falling for them... Its a fraud where the fraudster creates a perfect copy of the entire casino website with the sole purpose to steal passwords and account information.

Easy to avoid if you use 2FA and keep your mind alert (Always check to make sure the url is real- the scammers usually replace a letter with a similiar looking letter like capital i with a lowercase L)

[jostorres]

Many good sites are fraudulent, making it difficult to catch scams online casinos can be quite addictive. Many players usually do not know when to stop playing and end up losing more money than they should therefore, players should set rules about how much time and money they can spend on casino sites. Any sane player must curb greed and passion otherwise they risk becoming victims of gambling addiction.

They can't be good if they are fraud but there are good casinos who are hiding their true intention to their players but time will come that these casinos will get busted out. There are still signs to watch out if the casino that you are playing with is fraud or not so once you already saw them then you should not wait even if things still run smoothly. Better safe than sorry. There are still many legit casinos out there so you shouldn't worry.

You won't run out of good casinos to play with. Not having a control when playing a gambling is already a different matter. There are many threads about that but for now, it's better to stick on the original topic which is about fraud in gambling.

[virasisog]

Many good sites are fraudulent, making it difficult to catch scams online casinos can be quite addictive. Many players usually do not know when to stop playing and end up losing more money than they should therefore, players should set rules about how much time and money they can spend on casino sites. Any sane player must curb greed and passion otherwise they risk becoming victims of gambling addiction.

They can't be good if they are fraud but there are good casinos who are hiding their true intention to their players but time will come that these casinos will get busted out. There are still signs to watch out if the casino that you are playing with is fraud or not so once you already saw them then you should not wait even if things still run smoothly. Better safe than sorry. There are still many legit casinos out there so you shouldn't worry.

You won't run out of good casinos to play with. Not having a control when playing a gambling is already a different matter. There are many threads about that but for now, it's better to stick to the original topic which is fraud in gambling.

Some casinos are good at hiding their fraudulent activities. You wouldn't know about their illegal activities unless you try playing om their site. If you'll find reg flags then better to leave than be loyal to that casino. They will surely be milking you until you lose everything. There are many trusted casino sites nowadays with a good reputation so if you don't want to be the victim of fraudsters, just choose the trusted ones rather than the risk in sneaky casinos.

[aioc]

The most common of this and even newbies can do this is bonus abuse, because casinos when they are launching are offering sign-up bonuses, this is something that new casinos should be aware of and need to address because some gamblers are good at doing this, and can actually make profit from these signup bonuses, but it's not only gamblers that are guilty of fraud even casinos are guilty of fraud.
Do check the scam section and you will read casinos defrauding their members even if the members have shown all the pieces of evidence that their winnings are legit and they deserve their winnings.

[Mr. Magkaisa]

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

Yes. Another kind of online gambling I have noticed is the selling of "fixed matches/correct scores", and I'm sure many persons should know about this, as it's very common in the game of soccer, whereby a user comes up or create a social media ads or on telegram promising he/she has an insider among the football organisers team, and some matches have been fixed, and all you need is to just pay a certain amount of money to be given the correct score for the day, that can make you rich if only you stake with huge funds, of which always ends up as scam.

I've come across that before on my telegram in the past and it kept me from using telegram too much and setting up my telegram account so there are no ads like that. We may often see grandiose promises like that in many places, especially when it is about gambling that says, "you will get a lot of profit if you join us" and blah blah blah. But the reality is not so because no matter how hard we try to play gambling, our chances of winning are not too big but we can get bigger losses than we imagine.

When you feel something is too good to be true then it scam for sure, individual or group of them try to lure the random people from online groups with such attractive offers even though that not much people hear their story still there are complete ignorant individual may be trapped by them.

As for as OP, its good list though but we missed about cheating in the games like using strategies which are not allowed by the casino or the sport betting site.

You are right. I know that something is too good to be true after I've experienced the scam myself, so that makes me very careful if I see any good offers from anywhere. That's what makes me feel, "oh, this is not good because something is not right I feel."

Sometimes our feelings will tell us that what we see will not match reality and after we search for more info, it turns out that it is true that it is a form of scam.

 - So, in short, when something bad hits us, we should follow it right away. Is it the type that suddenly makes you nervous or
restless like that?

To tell you honestly, I don't believe in this kind of thing but I won't deny that I have experienced something like this that I don't understand, especially if we are talking to other people, the feeling of being uncomfortable and insecure.

[Leviathan.007]

• 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.

I think this one is the most famous one and the thing I see many times on online casinos and many other platforms, you can also call it money laundering and that's the method for the criminals to somehow clean their money they just deposit, play and then withdraw the month with cryptocurrencies, or sometimes they won't even play and just withdraw after deposit. However these days this method won't really work because most casinos will double check any withdrawals and even in some cases they have manual confirmation methods for the withdrawals with huge amounts of money.

[wxa7115]

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:

• 3. Chip Dumping
  Chip dumping is the act of purposefully losing chips to another player at the table. It's something that thieves have been known to use in an effort to launder money they have acquired illegally. They believe that if they lose all of their money to a different poker account that they already own, that the original source of the funds might be lost. They hire individuals to gamble online and lose to a single person. Once that person cashes out, the money will appear as legally earned. It is a form of collusion

Of all the forms of fraud you brought forward this is the one I was not aware but it makes sense, in a way it is similar to what we saw with NFTs, in which some images were sold for a fortune, but it was likely that the creator was buying their own NFTs.

And they were doing so as a way to launder their money and give themselves and alibi about why they had so much money, so this is the same idea except that gambling is used as a way to achieve this.

[ethereumhunter]

You are right. I know that something is too good to be true after I've experienced the scam myself, so that makes me very careful if I see any good offers from anywhere. That's what makes me feel, "oh, this is not good because something is not right I feel."

Sometimes our feelings will tell us that what we see will not match reality and after we search for more info, it turns out that it is true that it is a form of scam.

The experience also matters, there are some that will not look like scam because the scammer is not asking of money but a pin, code, one time password or any necessary digit needed to withdraw money from your account, if given to them, your money will be withdrawn, the scammers are not having sympathy but they will withdraw all. You are right that it is good to avoid anything that seems too good to be true too, scammers are making use of something like that to scam people, that is why I am no more surprised that people are scammed like this.

That's why if we have experience, we can recognize the forms of fraud we usually encounter on the internet and avoid them easily. We can also be careful before deciding and will look for more info from other places so we don't get fooled. With such vigilance, we can advise those closest to us so that they can also be careful, especially if they want to play gambling at a casino they find on the internet. Once we are exposed to fraud, the money we have will be taken by the fraudster with nothing left.

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

Yes. Another kind of online gambling I have noticed is the selling of "fixed matches/correct scores", and I'm sure many persons should know about this, as it's very common in the game of soccer, whereby a user comes up or create a social media ads or on telegram promising he/she has an insider among the football organisers team, and some matches have been fixed, and all you need is to just pay a certain amount of money to be given the correct score for the day, that can make you rich if only you stake with huge funds, of which always ends up as scam.

I've come across that before on my telegram in the past and it kept me from using telegram too much and setting up my telegram account so there are no ads like that. We may often see grandiose promises like that in many places, especially when it is about gambling that says, "you will get a lot of profit if you join us" and blah blah blah. But the reality is not so because no matter how hard we try to play gambling, our chances of winning are not too big but we can get bigger losses than we imagine.

When you feel something is too good to be true then it scam for sure, individual or group of them try to lure the random people from online groups with such attractive offers even though that not much people hear their story still there are complete ignorant individual may be trapped by them.

As for as OP, its good list though but we missed about cheating in the games like using strategies which are not allowed by the casino or the sport betting site.

You are right. I know that something is too good to be true after I've experienced the scam myself, so that makes me very careful if I see any good offers from anywhere. That's what makes me feel, "oh, this is not good because something is not right I feel."

Sometimes our feelings will tell us that what we see will not match reality and after we search for more info, it turns out that it is true that it is a form of scam.

 - So, in short, when something bad hits us, we should follow it right away. Is it the type that suddenly makes you nervous or
restless like that?

To tell you honestly, I don't believe in this kind of thing but I won't deny that I have experienced something like this that I don't understand, especially if we are talking to other people, the feeling of being uncomfortable and insecure.

Usually, before I make a decision, there's a voice inside telling me it's okay to do. But another day, another voice said this is not right. You should avoid it.

Well, it's okay if you don't believe it. I'm also not asking you to believe it

But as far as I know, each of us must have instructions for us so that we follow them. But most of us don't want to follow it and consider it superstition.

[Fredomago]

The most common of this and even newbies can do this is bonus abuse, because casinos when they are launching are offering sign-up bonuses, this is something that new casinos should be aware of and need to address because some gamblers are good at doing this, and can actually make profit from these signup bonuses, but it's not only gamblers that are guilty of fraud even casinos are guilty of fraud.
Do check the scam section and you will read casinos defrauding their members even if the members have shown all the pieces of evidence that their winnings are legit and they deserve their winnings.

Step by step and not doing any shortcut might have a good advantage. You have to understand the very concept of trading, buying in the low price and selling at the best price when the market pumps up. Learning on your own or having a good education from people who understand the market so well, both are possible and you can succeed if you have that self-will to achieve your goal.

Some might find self-education is good, while for some, having an educator will advance their position to learn more about trading.

[KennyR]

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:

• 3. Chip Dumping
  Chip dumping is the act of purposefully losing chips to another player at the table. It's something that thieves have been known to use in an effort to launder money they have acquired illegally. They believe that if they lose all of their money to a different poker account that they already own, that the original source of the funds might be lost. They hire individuals to gamble online and lose to a single person. Once that person cashes out, the money will appear as legally earned. It is a form of collusion

Of all the forms of fraud you brought forward this is the one I was not aware but it makes sense, in a way it is similar to what we saw with NFTs, in which some images were sold for a fortune, but it was likely that the creator was buying their own NFTs.

And they were doing so as a way to launder their money and give themselves and alibi about why they had so much money, so this is the same idea except that gambling is used as a way to achieve this.

This is common and happens very rarely. In my country one such incident took place. Two persons stole money and they used it on gambling. One person lost to the other, so the money is with them. Finally investigation took place and the persons were caught for theft. When they were asked about the money, they said they lost everything gambling and showed the transaction. On further investigation the fund getting lost and getting deposited to one particular account helped the team recover the money.

[Betwrong]

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.

Me too. Also, is there a such thing as limiting someone because he's just "too lucky"? I mean, I heard about it used to be a thing in the past with land-based casinos, but I've never heard about something like this regarding reputable online casinos.

What about Loan scammers in chat .. ?

There are quite a lot of people in casino chat channels... that will ask for small loans and then people will fall for their stories and they will loan them money. Those people use Alt accounts or accounts that they have bought from other people .... and when they receive the money, they will simply cut and run.

These people will also stalk people's social media accounts, when they spot them on other social media platforms. (Telegram / Twitter ...etc)

No one will loan money to someone unknown, so, we can discard alt accounts, I think. But as for a known account bought from someone, it's possible, although I've never heard of such cases in reality. I mean, it happens in social media all the time, but in casino chat channels ...  I've never heard of it.

[redsun114]

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.

Me too. Also, is there a such thing as limiting someone because he's just "too lucky"? I mean, I heard about it used to be a thing in the past with land-based casinos, but I've never heard about something like this regarding reputable online casinos.

Yeah it is definitely something in todays world with todays casinos in the crypto world as well. If you end up winning too much, they can limit you, and they are holding that right and have the rules for it. This is both bad, but also not too bad for both casinos and the player.

Bad for the casino because if you limit them, they can't lose it back to you fast enough, someone who turned a thousand dollars into a million dollars, can't lose that million dollars back quickly if you limit them, so this is also bad for the casinos, but not bad because they can't earn more of it with same pace. Same but the reverse is true for the gamblers, can't lose it quickly so it's good, but can't keep earning so it's bad.

[Fatunad]

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.

Me too. Also, is there a such thing as limiting someone because he's just "too lucky"? I mean, I heard about it used to be a thing in the past with land-based casinos, but I've never heard about something like this regarding reputable online casinos.

Yeah it is definitely something in todays world with todays casinos in the crypto world as well. If you end up winning too much, they can limit you, and they are holding that right and have the rules for it. This is both bad, but also not too bad for both casinos and the player.

Bad for the casino because if you limit them, they can't lose it back to you fast enough, someone who turned a thousand dollars into a million dollars, can't lose that million dollars back quickly if you limit them, so this is also bad for the casinos, but not bad because they can't earn more of it with same pace. Same but the reverse is true for the gamblers, can't lose it quickly so it's good, but can't keep earning so it's bad.

But we know that they would rather choose on limiting on someone whose been too lucky on playing into their place which they would rather let you restricted or limited because they do know that all of those winnings that gamblers do able to pull out would be able to be compensated into those people who had been continuing to lose on the platform or venue which it would really be just replenished on no time.
This is why they are really that confident on taking up decisions when we do speak about limitations and restrictions if ever there's someone who do really have high winning rate.
They cant just afford on letting him stay further more.

[AmoreJaz]

The most common of this and even newbies can do this is bonus abuse, because casinos when they are launching are offering sign-up bonuses, this is something that new casinos should be aware of and need to address because some gamblers are good at doing this, and can actually make profit from these signup bonuses, but it's not only gamblers that are guilty of fraud even casinos are guilty of fraud.
Do check the scam section and you will read casinos defrauding their members even if the members have shown all the pieces of evidence that their winnings are legit and they deserve their winnings.

with the rampant cases of bonus abuse, i believe casino already found their strategies on how to detect such abuses from the users. there are so many sophisticated softwares already or apps that a casino can deploy to detect unusual data or activities from its users. so you must be very good if you can still evade such restrictions from the casino. or the casino has very weak protocols on this aspect and not allocating funds for their security purposes.

[Lanatsa]

The most common of this and even newbies can do this is bonus abuse, because casinos when they are launching are offering sign-up bonuses, this is something that new casinos should be aware of and need to address because some gamblers are good at doing this, and can actually make profit from these signup bonuses, but it's not only gamblers that are guilty of fraud even casinos are guilty of fraud.
Do check the scam section and you will read casinos defrauding their members even if the members have shown all the pieces of evidence that their winnings are legit and they deserve their winnings.

with the rampant cases of bonus abuse, i believe casino already found their strategies on how to detect such abuses from the users. there are so many sophisticated softwares already or apps that a casino can deploy to detect unusual data or activities from its users. so you must be very good if you can still evade such restrictions from the casino. or the casino has very weak protocols on this aspect.

Its been a while we havent seen some issues about bonus abuse or  some casino had suffered some abuse and the latest one is on that Bitlucy.I dont know if its really that pertaining about bonus abuse
or something different but this is what i do remember and this is why casino owners are really that careful about these kind of possible abuse because this could cause a huge impact
into their revenue.We've seen lots of possible frauds online on which it is really just that right for them to be keen on resolving and avoiding possible
implications which might cause up these things.

[btc78]

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.

Well, if that is the case, then they should not resort into gambling as it will only make them fall into more losses, that will force them to create more sad stories as well. Although I have not experienced and even witnessed this, but if they are here for begging to receive coins, then they should be banned from gambling, and let them find stable jobs that will give them fixed income.

this is how I understand gambling , that we must only gamble if we have extra funds and if we know how to handle and manage desires in winning because if not? then yes never engage to gamble and never have experience to risk more.
actually some of those are professional in this matter , they are the one who can abuse gambling sites in all forms , from bonuses to bug abuse.