Big Scammers

Wednesday, August 17, 2016

Demystifying the Issues with Online Casinos


Online Casinos are a holistic entertainment experience, enjoyed by people who are looking to have a good time. It is a lucrative time passer as well. People have made sizeable sums of money totaling millions of dollars by trying their hands at casinos.

Casinos have been in vogue since time immemorial. Casino clubs have been legendary, with wealthy business tycoons and celebrities thronging the floor around the roulette wheels. With advancements in technology, online casinos have emerged powerful, where people enjoy the pleasure of playing from anywhere.

Online casinos have become a haven for fraud and scams, which are the masterminds of callous scammers who are looking to rip off huge sums of money from players. There has been much criticism about fake online casinos.
 Damages have been overwhelming and the cyber laws of certain countries are not adequately watertight to thwart the miserable occurrences. Players must come forward and assume responsibilities on their part as well. It is only combined effort of law and law abiders that can spell a concrete solution to a predicament infested with online casino based fraud and scams.
  •     Do a credibility check before signing up
There are hundreds of online casino companies that have been in existence for long, with impressive reviews and track records. Players must be farsighted and sensible to choose one of such online casinos in order to avoid fraud and scams.
  •     Beware of malware usage
Many online casino companies do now wish to invest the right amount of money required to purchase original and safe software to run their online casinos. Alternatively the original software license procured may be misused by illegal casino operators to play a ploy and continue fraud and scams on innocent players. First time players can seek assistance from seasoned frequenters of online casinos to discern between original and fake software that have potential say in fraud and scams.
  •     Be wary of casinos accepting only cash payments
A legitimate casino must offer a blend of payment options like different debit as well as credit cards including Visa Electron, MasterCard etc., payment processors like PayPal, Click 2 Pay and the like. Other emerging options include Google e-wallet, Payonneer and using of services of Moneybookers,also called Skrill. An online casino which does not offer a wide spectrum of payment options, but instead narrows it down to cash payments will have to be viewed skeptically for fraud and scams.
  •     Analysis of terms and conditions
Before making the decision to deposit money for playing the online casino, players must read, analyze and take logical cognizance of the terms and conditions. They may relate to
  • deposit and payment options during cash out options
  • frequency and time taken to obtain payment
  • Bonus wagering conditions. Nowadays online casinos have restrictions on cashing out without a minimum number of times of wagering.
Players must look out for hidden conditions, by reading between the lines and also scrutinizing the fine print.
  •     Be alert of slow payouts
Where a casino defaults payment on the said date, the alertness antennae of players must stand up and be on guard. It is better to sign out on the first instance of delayed payment, in order to avoid fraud and scams rather than getting fingers burnt by waiting and watching.