With the improvement in technology worldwide, online gambling scams have started to increase daily. While First Option Recovery has dealt with a lot of them regularly now, their team of experts has noticed that there are many more nuances in the online casino trade.
First Option Recovery, a firm dedicated to eradicating online gambling scams worldwide, is a team of dignified personnel consisting of the best attorneys (over 128 by the way), banking advisors, and private investigators who work round the clock to help you recover your funds.
We are the world’s best fund recovery firm with a presence in over 22+ countries and have recovered over $19 million for 2300+ happy clients.
SOME OF THE MOST COMMON ONLINE GAMBLING SCAMS ARE AS FOLLOWS:
Rigged Play Money Algorithm
If you are new to the online gambling world, you need to realize that every online casino lets you play initially with play money and then only with real money. However, little do the players know that the algorithm is different for Play money and Real Money, with the latest algorithm for the online casino!
For example, when you are playing Roulette, it might almost be a 50-50 when you are betting on a color (maybe black/red). Imagine you bet on red each time, and you will see that it hits black every single time. After a few bets, when you change it to black, it will hit red. The chances of it hitting the same color every time are incredibly minimal. It proves that the system is a hoax when you play with real money, as described by many.
Every casino tries to sign up new customers daily, and the best way to bring them in is by offering insane bonuses. Many customers don’t like to sign up for an online casino if it doesn’t see any reasonable offers in the hood. The same stage of emotional quotients that the casino’s bank on is.
A common person will always invest their money where there are many bonuses in hand to win as much money as they can. Unfortunately, the actual game starts once you deposit the money.
When you try to cash in the bonuses, the company won’t let you do so unless and until you make a bigger deposit as soon as possible. You end up depositing more money for your greed of earning more, and as a result, you lose it all at one go.
Credit Card Frauds
It is pretty common among all online casinos where all they want is to steal your credit card information as soon as you end up providing it to them. Initially, you are lured into their offers that they are providing and end up paying for it.
You try to win with the Play Money given to you, and you end up doing so because of the rigged algorithm associated with the Play Money. Then you make a deposit using your credit card, and soon after playing for some time, you realize that you have lost your money, not only via gambling but via your credit card as well.
Hence, we suggest you do thorough research before disclosing your credit card information to anyone.
Fake affiliate links and unfair practices
Many casino sites have an affiliate link where if one signs up for that particular link, the person gets a small commission out of the lot. However, many unfair practices have been in the business due to the affiliate links.
Usually, the payouts are never on a regular interval, nor does the person receive any notification when they sign up using that link. In case the casino site that you have signed up for offers the same situation, we highly suggest you move out of it in a hurry.
WHAT TO DO WHEN YOU LOSE YOUR MONEY TO ONLINE GAMBLING SCAMS?
Gambling is an exciting hobby that many young players have cultivated, however just like every other game, gambling, especially poker and blackjack, is a game of skill, mastery, and experience. If you have the necessary trade skills, we can assure you of winning big in this game.
However, many of them still end up losing, not because they lack the necessary skill set but because the online casino itself is running a scam. In such cases, instead of filing a complaint, it is better for you to contact us directly at First Option Recovery.
As a fund recovery group, we have been quite active in recovering funds from online casino scams for a long time now, and we have the best team in the business to deal with such issues in the long run. We have the best customer service, and we are expecting a mail from you any time soon if you have been a victim of just another online gambling site.