Everyone wants in on the action now that sports betting is allowed in more than half of the countries of the world! Smart bettors use the Bet22 and other legal sportsbooks! Fake betting sites have devised a lot of sophisticated sports betting tactics in order to take advantage of you. This post will go over some of the most prevalent tactics as well as some red flags to watch out for.
Fake Betting Platforms
There are many betting websites available on the internet. You may be able to pay in and receive your bonus at first, but after you opt to place additional bets, you will be unable to withdraw any money.
Scammers make up all kinds of excuses to keep you from withdrawing your money. Technical issues, false charges that they did not receive your deposit, payment processing delays... Alternatively, they will not allow you to cash out any of your earnings unless you make another deposit! No matter what you do, you will never be able to withdraw any of your money from the website!
You could also lose something other than money. The confidential information you enter on the bogus website could be used to steal your identity!
Scamdicappers
You may have considered paying for sports handicapping services to improve your sports betting tactics and increase your winnings. However, "scamdicappers," or con artists posing as reliable sports handicappers, are solely interested in taking advantage of you!
They market their services and offer wins on social media platforms like Instagram and Facebook by using "inside information" or "professional analysis and prediction" of the game's outcome.
They may put you under pressure to place a wager quickly by claiming that there are "limited spots" available.
Betting Syndicates
Syndicates, like scamdicappers, will use social media to attract you to join their organised betting club.
They promote themselves as a betting community that can help you make better picks and wagers while also allowing you to split winnings with other syndicate members. To register, you will need to pay a fee. You'll usually have to make ongoing payments to keep your membership.
Whatever the sports betting scam, one thing is certain: if you fall for it, you will not be able to recover your money. You'll never be successful with refunds or disputes, either.
How to Protect Yourself
Do your homework. Read the reviews and comments when looking for sports betting providers or websites.
Profits that are risk-free or assured should raise severe concerns. Opportunities that appear too good to be true usually are not.
You may help others avoid sports betting fraud by reporting instances of sports betting scams to authorities and ensuring that the security of the sportsbooks' websites is checked to confirm that they use https encryption.