Online Casinos have been making millions every year as revenue and the amount of money that they make is reminiscent of the fact of how easily players can be baited into online casino scams that seem legit at first glance.
As a result, we at First Option Recovery decided to investigate the process and find out about the mishappenings inside an online casino. If you don’t know who First Option Recovery is, you are seriously missing something important in your life or simply waiting to be defrauded.
First Option Recovery is the numero uno choice of fund recoveries across the world with over 3100+ cases solved and over $9 million recovered till now. We have a team of over 128+ attorneys who work day in day out to help you recover your funds. What separates us from the rest is the fact that we have the best recovery specialists that guarantee that makes sure that your fund reaches you first and then only we take our due credit. We pride ourselves into recovering all kinds of funds from any kind of online gambling scams including casino scams around the world.
There are hundreds of online casinos that seem original, however after we have made the deposit and lost our money, then only we end up doing our research to find out that the casino that you have put your money in, is nothing but major casino scams in the making.
First Option Recovery highly discourages you to gamble in the very first place, especially in an online scenario where there is a greater chance of the game being rigged. A lot of names in the gambling world are household names, however, a lot among them are not genuine. Tons of smaller casinos, trying to make a name for themselves, end up committing treacherous acts of felony only to be uncovered at a later part of the game.
The warning signs of these internet casino scams are many. Right from Chargeback abuses, Chip Dumping and Bonus Abuses, the list is literally endless in number. Some of the most common ones are:
Bonus Abuse
Bonus abuse is the most rampant and the most common among all the famous casino scams where the most common bonuses offered are sign-up bonuses, referral bonuses and bonuses to existing players for bringing them back in the game.
A lot of casinos offer bonuses like instant sign-up bonuses. Referral bonuses mean where the bonus is a percentage of the amount deposited. This clearly signifies that the more amount a person deposits, the more bonus he receives. This is fake as the amount of bonus one receives is limited to a particular amount.
When you open the First Option Recovery homepage, you would realize that we do not have all those stupid bonuses that other organizations offer. Because any organization, with top-class attorneys and advisors, would find it really difficult to provide you with a bonus without any random reason. Casinos work on the same page and sometimes they win a lot of money and sometimes they lose. Hence, providing a bonus during the early signup is simply out of question.
Credit Card Casino Scams
An online casino is one of the best businesses in the hood to steal all your credit card information. These casinos lure players into their game by providing free deposits, insane bonuses and super fast withdrawal options. Little do they know that what these casinos are planning is to do nothing but steal all your credit card data and use it when they wish. First Option Recovery has already warned its clients about the misuse of credit card information that is rampant in the gambling industry and it is always advised to proceed with caution when it comes to sharing your financial data.
Another way casinos rip you off your money is via cryptocurrency deposits, primarily bitcoin deposits. Due to the rapid increase in blockchain technology, a lot of crypto sites have started accepting cryptocurrencies. Now, cryptos in spite of being a great investment, the transactions are encrypted and hence, once the money is transferred, you would not be able to get it back as crypto transactions are irreversible. Hence, it is always advised to make your deposit via other mechanisms instead of crypto.
Unfairly fixed games
Do you know that the majority of the games in a new casino are fixed even before it is played? We at First Option Recovery, did a lot of research to finally come to the conclusion about the unfairly fixed games that are a part of these casino scams.
This is a common issue that players face when signing up for casino sites that are new in the lot. A lot of times, games are unfairly fixed in favor of the house. In order to tackle the issue, it is highly suggested to understand the RTP rate i.e Return to Player Rate of the game. Reputable casinos often publish the RTP rates but newer casinos don’t. An RTP rate of approximately 95-98% is normal, anything lower than that means that the game is rigged.
Other small issues include improper response when it comes to withdrawals, where one should expect one’s money within 48 hours but doesn’t.
What to do when you lose your money in Casino Scams?
The best casino scams have unfortunately garnered a lot of victims in today’s time who are pretty much perplexed by the issues that follow. They think that their money is completely lost and end up devastated. Little do they know that there are specific fund recovery groups who are experts in the field of recovering your money that is lost due to such casino scams.
First Option Recovery, being pioneers in this field is ready to help you out. Apart from Binary Options, Crypto and Credit Card recovery, we do specialize in fake online casino fraud recovery as well. With a 92% success ratio, fruitful analytical methods and world-class legal connections, we have gained the trust and respect of all our customers via our unique methodology of fund recovery practices that we implement. If you have lost your funds via any kind of casino scams, do contact us and we will get back to you at the earliest.