Online Casinos have been making millions every year as revenue. The amount of money they make is reminiscent of how easily they can bait players into online casino scams that seem legit at first glance.
As a result, we at First Option Recovery decided to investigate the process and determine 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 for a defrauding instance.
First Option Recovery is the numero uno choice of fund recoveries worldwide, with over 3100+ cases solved and over $9 million recovered. 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 that we have the best recovery specialists that guarantee that your fund reaches you first, and then only we take our due credit. We pride ourselves in recovering all kinds of funds from any online gambling scams, including casino scams worldwide.
Hundreds of online casinos seem original. However, after we have made the deposit and lost our money, we only end up doing our research to find out that the casino you have put your money in is nothing but significant casino scams in the making.
First Option Recovery highly discourages you from gambling in the first place, especially in an online scenario where there is a greater chance of rigging the game. Many 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. The list is endless in number, right from Chargeback abuses, Chip Dumping, and Bonus Abuses. Some of the most common ones are:
BONUS ABUSE
Bonus abuse is the most rampant and the most common among famous casino scams. The most common bonuses offered are signup bonuses, referral bonuses, and bonuses to existing players for bringing them back in the game.
Many casinos offer bonuses like instant signup bonuses. Referral bonuses mean where the reward is a percentage of the amount deposited. It signifies that the more a person deposits, the more returns he receives. It’s a fake claim as the amount of bonus one receives is limited to a particular amount.
When you open the First Option Recovery homepage, you realize that we do not have all those stupid bonuses that other organizations offer. Any organization with top-class attorneys and advisors would find it challenging to provide you with returns 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 the 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 rampant in the gambling industry. It’s best to proceed with caution when 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, many crypto sites have started accepting cryptocurrencies. Now, cryptos, despite being a significant investment, are encrypted. Hence, once the money transfers, you would not be able to get it back as crypto transactions are irreversible. Therefore, it is always suggestible to make your deposit via other mechanisms instead of crypto.
UNFAIRLY FIXED GAMES
Do you know that most games in a new casino work as per a plot even before one plays it? At First Option Recovery, we did much research to finally conclude the unfairly fixed games that are a part of these casino scams.
It is a common issue that players face when signing up for casino sites new in the lot. Often, games work as per unfair schemes in favor of the house. In tackling the issue, it is highly suggestive of understanding 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 typical. Anything lower than that means it’s a false game.
Other minor issues include improper response 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 many victims today who are perplexed by the issues that follow. They think that their money is completely lost and end up devastated. Little do they know that specific fund recovery groups are experts in recovering your money that you’re losing due to such casino scams.
Being the pioneer in this field, First Option Recovery is ready to help you. Apart from Binary Options, Crypto, and Credit Card recovery, we specialize in fake online casino fraud recovery. 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 casino scams, do contact us, and we will get back to you at the earliest.