Common Online Gambling Fraud | Bitcointalksearch.org

Lanatsa

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Quote from: Silberman on February 01, 2023, 03:29:13 PM

Quote from: freedomgo on February 01, 2023, 01:30:55 PM

Quote from: Oshosondy on January 23, 2023, 05:55:41 AM

Quote from: alastantiger on January 23, 2023, 05:43:03 AM

5. Credit Card Fraud
At gambling websites, it is very typical to see thieves using stolen credit cards. If they can get the card to work, they can quickly and easily cash out. Cybercriminals can use a stolen credit card to top up an online casino account. From there, they can withdraw in cryptocurrency.

That is why it is good to protect your phone against sim swap attack, if OTP is not received, the scam will not be successful. But the most important thing is to protect your card pin, if protected and not known to scammers, they will not be able to withdraw from your bank. In my country, this type of scam is common, the scammer will call you, doing as if they are from your bank, ask you about an OTP sent to your phone or asking about your pin. There are some that do not require pin, but do not give scammer OTP sent to your phone, even do not bother to talk with them at all.

Had a few encounters about these things, and even my family especially the older ones who are not that updated to scams on the internet are getting some calls that they are from a bank or online platform that you had some malicious activities or that you have a bonus $100-1,000 credit but it's the scammers behind the line. Sometimes, older people are the most vulnerable from these attacks as most of the times, they got emotional from the news and give their PIN or OTP easily.

Even if governments try to paint this market as one full of scammers and that you could lose your money at any time, the truth is that the fiat system is also full of scammers which are very smart and attack the vulnerable to try to get some money out of them, even my mom has been subjected to that kind of attack but it failed because I was there and she consulted with me before doing anything, but it is likely that if she had been alone at the time she could have lost a lot of money due to credit card fraud.

Fraud is everywhere and it doesnt matter whether we are engaging in fiat or crypto on which there are those people who would really be taking advantage into those someone whose do lack of knowledge and awareness on how things works.They are really decieving out people as best as they could do just to steal and snip out those funds out of their cards.This is why its really that pretty common on having these ways or methods.
It is really just that there are people who are really that keen or not minding much when it comes into their funds security.

Silberman

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Quote from: freedomgo on February 01, 2023, 01:30:55 PM

Quote from: Oshosondy on January 23, 2023, 05:55:41 AM

Quote from: alastantiger on January 23, 2023, 05:43:03 AM

5. Credit Card Fraud
At gambling websites, it is very typical to see thieves using stolen credit cards. If they can get the card to work, they can quickly and easily cash out. Cybercriminals can use a stolen credit card to top up an online casino account. From there, they can withdraw in cryptocurrency.

That is why it is good to protect your phone against sim swap attack, if OTP is not received, the scam will not be successful. But the most important thing is to protect your card pin, if protected and not known to scammers, they will not be able to withdraw from your bank. In my country, this type of scam is common, the scammer will call you, doing as if they are from your bank, ask you about an OTP sent to your phone or asking about your pin. There are some that do not require pin, but do not give scammer OTP sent to your phone, even do not bother to talk with them at all.

Had a few encounters about these things, and even my family especially the older ones who are not that updated to scams on the internet are getting some calls that they are from a bank or online platform that you had some malicious activities or that you have a bonus $100-1,000 credit but it's the scammers behind the line. Sometimes, older people are the most vulnerable from these attacks as most of the times, they got emotional from the news and give their PIN or OTP easily.

Even if governments try to paint this market as one full of scammers and that you could lose your money at any time, the truth is that the fiat system is also full of scammers which are very smart and attack the vulnerable to try to get some money out of them, even my mom has been subjected to that kind of attack but it failed because I was there and she consulted with me before doing anything, but it is likely that if she had been alone at the time she could have lost a lot of money due to credit card fraud.

freedomgo

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Quote from: Oshosondy on January 23, 2023, 05:55:41 AM

Quote from: alastantiger on January 23, 2023, 05:43:03 AM

5. Credit Card Fraud
At gambling websites, it is very typical to see thieves using stolen credit cards. If they can get the card to work, they can quickly and easily cash out. Cybercriminals can use a stolen credit card to top up an online casino account. From there, they can withdraw in cryptocurrency.

That is why it is good to protect your phone against sim swap attack, if OTP is not received, the scam will not be successful. But the most important thing is to protect your card pin, if protected and not known to scammers, they will not be able to withdraw from your bank. In my country, this type of scam is common, the scammer will call you, doing as if they are from your bank, ask you about an OTP sent to your phone or asking about your pin. There are some that do not require pin, but do not give scammer OTP sent to your phone, even do not bother to talk with them at all.

Had a few encounters about these things, and even my family especially the older ones who are not that updated to scams on the internet are getting some calls that they are from a bank or online platform that you had some malicious activities or that you have a bonus $100-1,000 credit but it's the scammers behind the line. Sometimes, older people are the most vulnerable from these attacks as most of the times, they got emotional from the news and give their PIN or OTP easily.

jostorres

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Quote from: danherbias07 on February 01, 2023, 06:31:25 AM

as the security of online gambling sites is getting better so do the abusers as they move forward too. They always find loopholes in these events created by gambling sites.
Just recently, Stake.com posted on their Telegram page about the increase of bots and abusers and because of that, they will only give away bonus drops to those who will agree with a level 2 verification requirement.
It's not a bad step just to ensure all those who are receiving the bonus are real people and not pure abusers who are not really there to wager their money but are just beggars who cannot find their own job so they do these evil deeds.
It's totally unfair for those who are risking their money to reach a certain wager amount so they can be a participant for the monthly bonus.

If they are good at it and then the gambling site has a weak security then it will always be vulnerable to their attacks. About stake's bonus drops, I know there is a wagering requirement which are too high for a normal individual to reach so I don't think someone can abuse that easily. I think it's not worth it even if they use bots to claims these drops when the drops are only valued at 5 to 10 USD but their new rule to claim the bonus drop could greatly lessen those abusers/bots.

Monthly bonus on the other hand is different from the bonus drop and AFAIK only those who can receive it are VIP members (minimum bronze level) but the amounts that you will get will depend on your wager. If someone want's to abuse it, they still need to put a lot of effort but again I think it's not really that worthy.

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Quote from: piebeyb on February 01, 2023, 11:18:48 AM

What usually happens is bonus abuse, because many of us know that very often lately, new beginner accounts complain about allegations of fraud against casinos, while it is their own fault for misusing bonuses and casino rules, of course they are strictly prohibited for that.

Most gamblers don't read, and that is the beginning of all the problems they seem to encounter on the casino, several gamblers out there lack the patience required to operate a casino account with getting into troubles, I believe this is one of the reason why of recent times, we see newbies come on the forum to complain about a thing or two about a casino seizing their withdrawal and asking for kyc and a host of other types of complaints.
If every gambler would read and play according to the casino's rules and ToS, I believe complaints will greatly reduce.

348Judah

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Why do we think people engage in this kind of dangerous acts that could cause them alot of regrets if caught with great repercussions, lack, poverty and insatiable spirit, some people have been badly nortured in diverse corrupt ways whereby they believed that the only way they could make it through in life is by participating in an illicit fraud to quicken their struggle and desire to make it in live, fraud is what that has changed people's orientation to such a way that they believed it's one of the means one can adopt to earn a living even at others expenses.

Mauser

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Quote from: alastantiger on January 23, 2023, 05:43:03 AM

That's all for now. Thank you for reading.
What other common or uncommon type of online gambling fraud have you noticed?

The most common fraud I would expect to be multi accounts that try to advantage of bonuses and other promotions multiple times. The bonuses casinos offer are very attractive as they can be as high as 300% deposit bonus. It's hard to make such kind of money by gambling alone, that's why so many people try to take advantage of it. I don't like cheater on online gaming, they are the worst kind of people. That's why I would never cheat myself in games or in casinos. Another form of fraud is misinformation, this can happen in gambling and sports betting. Some people will try and spread wrong information in an effort to try and take advantage of it for themselves. For example, gamblers could try and promote a certain slot game and say that the chances of winning are much higher than they actually are only to keep making the jackpot bigger and win it themselves. Another way would be to spread fake odds for a upcoming sports match and hope that more people will buy the wrong side of the bet. When it comes to money people will try everything to get ahead.

piebeyb

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What usually happens is bonus abuse, because many of us know that very often lately, new beginner accounts complain about allegations of fraud against casinos, while it is their own fault for misusing bonuses and casino rules, of course they are strictly prohibited for that.

maydna

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Quote from: Aanuoluwatofunmi on February 01, 2023, 10:05:57 AM

Impersonation is one of the common fraud people can use in setting up an attack against a casino and they do this by creating a fake version identity of the casino representative, website or making an announce on their behalf through imposition, the imposter create a carbon identity of the everything about the casino of which he must have been a person already familiar with the casino, they are very hard to detect except if one is very careful and been observant in identifying differences from what they do from the original source.

Some try to create a domain thread that will go to the fraudulent site and create a domain similar to the original site so that many people are deceived and are not aware that they have sent money to them. We often encounter cases like this out there but on forums, I've seen phishing sites like that. But fortunately, many members warned of the danger so it could protect many people. And this indeed requires a person's thoroughness and caution to keep checking the site, whatever the site is, so he can prevent fraud himself.

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1 Online gamng fraud can be in both ways, we have the one that the casino commite against the players, thos way the play win big amount and suddenly his/her account get banned for violation that is not true.

2 the fraud committed by players against the casino, this is cases such as gou mentioned, ot in form of bonus abuse and the point you failed to add is where the player see a vonurablitiy such as a bonus bug and there by exploiting it.

Lucasgabd

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There's no need to be upset

Quote from: Negotiation on January 27, 2023, 05:30:08 AM

Many good sites are fraudulent, making it difficult to catch scams online casinos can be quite addictive. Many players usually do not know when to stop playing and end up losing more money than they should therefore, players should set rules about how much time and money they can spend on casino sites. Any sane player must curb greed and passion otherwise they risk becoming victims of gambling addiction.

on the other hand we have more and more systems in place to catch abusers
from AI systems to human verification

of course it is a game of cat and mouse
it'll never end

we put up more security systems and people will find more ways to break them or find new methods of fraud (and/or privacy protection)

swogerino

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Quote from: Aanuoluwatofunmi on February 01, 2023, 10:05:57 AM

Impersonation is one of the common fraud people can use in setting up an attack against a casino and they do this by creating a fake version identity of the casino representative, website or making an announce on their behalf through imposition, the imposter create a carbon identity of the everything about the casino of which he must have been a person already familiar with the casino, they are very hard to detect except if one is very careful and been observant in identifying differences from what they do from the original source.

In every book of cybersecurity that I have read I have seen one thing in common,the most dangerous of all threats to a system be it a company,an online casino or any business is a disgruntled employ.If he is then even somewhat capable and a bit tech savvy he can really well use such impersonation scenario to his benefit as he has been inside the business,in this case inside the casino.Luckily though most of the reputable casinos have cybersecurity experts team in place and as such I have never heard about such happening in the reputable and big crypto casinos.

Aanuoluwatofunmi

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Impersonation is one of the common fraud people can use in setting up an attack against a casino and they do this by creating a fake version identity of the casino representative, website or making an announce on their behalf through imposition, the imposter create a carbon identity of the everything about the casino of which he must have been a person already familiar with the casino, they are very hard to detect except if one is very careful and been observant in identifying differences from what they do from the original source.

Fredomago

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Quote from: Reid on February 01, 2023, 07:48:13 AM

Quote from: alastantiger on January 23, 2023, 05:43:03 AM

3. Chip Dumping
Chip dumping is the act of purposefully losing chips to another player at the table. It's something that thieves have been known to use in an effort to launder money they have acquired illegally. They believe that if they lose all of their money to a different poker account that they already own, that the original source of the funds might be lost. They hire individuals to gamble online and lose to a single person. Once that person cashes out, the money will appear as legally earned. It is a form of collusion

Today it's just tipping. No more chip dumping, you could just tip it away. But I think gambling sites are also making some restriction with the tips.
A limit daily, weekly, or monthly. They don't want whales to just give away the money to an unknown player as this will be a case of money laundering.
I have seen bigger tips and it comes out in the chatbox, everyone who read it will know it. Perhaps, someone could also increase the amount of tips given by wagering more.
I am not exactly sure about the terms to increase it, but I am pretty sure heavy gamblers do tip a lot.

Part of appreciation for those who chitchat with them while they are inside the chat or a personal friend who send tips to another gambler to continue chasing some win, there are lots of reasons but I also see that and it's still active, not sure though regarding to the limitations and how gambling sites are able to detect if there's something suspicious with the way the tips are being sent.

But for sure, house always have the way to observe and analyze how things are being done and if they see there's something fishy, they will start to act against it.

gunhell16

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Quote from: btc78 on February 01, 2023, 03:58:23 AM

this is how I understand gambling , that we must only gamble if we have extra funds and if we know how to handle and manage desires in winning because if not? then yes never engage to gamble and never have experience to risk more.
actually some of those are professional in this matter , they are the one who can abuse gambling sites in all forms , from bonuses to bug abuse.

What you said is good dude, the only problem with gamblers who are addicted to gambling is that what you say has no impact on their thinking.

But what you said will help beginners or those who are not crazy about gambling so that what they do in the gambling industry will not lead to addiction. It is difficult to get rid of those things in a person who has a gambling addiction.

Reid

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Quote from: alastantiger on January 23, 2023, 05:43:03 AM

3. Chip Dumping
Chip dumping is the act of purposefully losing chips to another player at the table. It's something that thieves have been known to use in an effort to launder money they have acquired illegally. They believe that if they lose all of their money to a different poker account that they already own, that the original source of the funds might be lost. They hire individuals to gamble online and lose to a single person. Once that person cashes out, the money will appear as legally earned. It is a form of collusion

Today it's just tipping. No more chip dumping, you could just tip it away. But I think gambling sites are also making some restriction with the tips.
A limit daily, weekly, or monthly. They don't want whales to just give away the money to an unknown player as this will be a case of money laundering.
I have seen bigger tips and it comes out in the chatbox, everyone who read it will know it. Perhaps, someone could also increase the amount of tips given by wagering more.
I am not exactly sure about the terms to increase it, but I am pretty sure heavy gamblers do tip a lot.

Blitzboy

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Quote from: danherbias07 on February 01, 2023, 06:31:25 AM

Quote from: AmoreJaz on January 30, 2023, 06:58:47 PM

Quote from: aioc on January 27, 2023, 11:15:00 AM

The most common of this and even newbies can do this is bonus abuse, because casinos when they are launching are offering sign-up bonuses, this is something that new casinos should be aware of and need to address because some gamblers are good at doing this, and can actually make profit from these signup bonuses, but it's not only gamblers that are guilty of fraud even casinos are guilty of fraud.
Do check the scam section and you will read casinos defrauding their members even if the members have shown all the pieces of evidence that their winnings are legit and they deserve their winnings.

with the rampant cases of bonus abuse, i believe casino already found their strategies on how to detect such abuses from the users. there are so many sophisticated softwares already or apps that a casino can deploy to detect unusual data or activities from its users. so you must be very good if you can still evade such restrictions from the casino. or the casino has very weak protocols on this aspect and not allocating funds for their security purposes.

Yes, as the security of online gambling sites is getting better so do the abusers as they move forward too. They always find loopholes in these events created by gambling sites.
Just recently, Stake.com posted on their Telegram page about the increase of bots and abusers and because of that, they will only give away bonus drops to those who will agree with a level 2 verification requirement.
It's not a bad step just to ensure all those who are receiving the bonus are real people and not pure abusers who are not really there to wager their money but are just beggars who cannot find their own job so they do these evil deeds.
It's totally unfair for those who are risking their money to reach a certain wager amount so they can be a participant for the monthly bonus.

Yes, it is a really challenging circumstance. I agree wholeheartedly that more safety measures are required to protect the site's paying customers from fraud.

The fact that Stake.com is taking the initiative to adopt these steps, such as the level 2 verification requirement for bonus drops, is also much appreciated. This will serve to both safeguard the gamers and demonstrate the site's dedication to providing a secure environment.

The issue is one of trust as much as justice. In order for people to feel comfortable placing their money and personal information into an online gambling site, they must have faith that the site is safe. Stake.com demonstrates its concern for its users and commitment to provide a secure environment by taking this precaution.

But it's a shame that some people would still do "evil deeds" like this for the sake of financial gain. It's unfortunate that they can't find any other legitimate means of support and have to resort to such dishonest methods.

danherbias07

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Quote from: AmoreJaz on January 30, 2023, 06:58:47 PM

Quote from: aioc on January 27, 2023, 11:15:00 AM

The most common of this and even newbies can do this is bonus abuse, because casinos when they are launching are offering sign-up bonuses, this is something that new casinos should be aware of and need to address because some gamblers are good at doing this, and can actually make profit from these signup bonuses, but it's not only gamblers that are guilty of fraud even casinos are guilty of fraud.
Do check the scam section and you will read casinos defrauding their members even if the members have shown all the pieces of evidence that their winnings are legit and they deserve their winnings.

with the rampant cases of bonus abuse, i believe casino already found their strategies on how to detect such abuses from the users. there are so many sophisticated softwares already or apps that a casino can deploy to detect unusual data or activities from its users. so you must be very good if you can still evade such restrictions from the casino. or the casino has very weak protocols on this aspect and not allocating funds for their security purposes.

Yes, as the security of online gambling sites is getting better so do the abusers as they move forward too. They always find loopholes in these events created by gambling sites.
Just recently, Stake.com posted on their Telegram page about the increase of bots and abusers and because of that, they will only give away bonus drops to those who will agree with a level 2 verification requirement.
It's not a bad step just to ensure all those who are receiving the bonus are real people and not pure abusers who are not really there to wager their money but are just beggars who cannot find their own job so they do these evil deeds.
It's totally unfair for those who are risking their money to reach a certain wager amount so they can be a participant for the monthly bonus.

btc78

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Quote from: Russlenat on January 26, 2023, 04:35:47 PM

Quote from: seoincorporation on January 23, 2023, 10:31:08 AM

I would like to add another point to that list.

7. social engineering (Soft begging)

I have seen a lot of times people in the casinos chat telling some really sad stories with the intention of touching other users' hearts and that way receiving some coins. We can call it the shame speech.

Sometimes it works and other times they just get ignored but is a practice that has become more common nowadays, and users must be careful with this practice.

Well, if that is the case, then they should not resort into gambling as it will only make them fall into more losses, that will force them to create more sad stories as well. Although I have not experienced and even witnessed this, but if they are here for begging to receive coins, then they should be banned from gambling, and let them find stable jobs that will give them fixed income.

this is how I understand gambling , that we must only gamble if we have extra funds and if we know how to handle and manage desires in winning because if not? then yes never engage to gamble and never have experience to risk more.
actually some of those are professional in this matter , they are the one who can abuse gambling sites in all forms , from bonuses to bug abuse.

Lanatsa

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Quote from: AmoreJaz on January 30, 2023, 06:58:47 PM

Quote from: aioc on January 27, 2023, 11:15:00 AM

The most common of this and even newbies can do this is bonus abuse, because casinos when they are launching are offering sign-up bonuses, this is something that new casinos should be aware of and need to address because some gamblers are good at doing this, and can actually make profit from these signup bonuses, but it's not only gamblers that are guilty of fraud even casinos are guilty of fraud.
Do check the scam section and you will read casinos defrauding their members even if the members have shown all the pieces of evidence that their winnings are legit and they deserve their winnings.

with the rampant cases of bonus abuse, i believe casino already found their strategies on how to detect such abuses from the users. there are so many sophisticated softwares already or apps that a casino can deploy to detect unusual data or activities from its users. so you must be very good if you can still evade such restrictions from the casino. or the casino has very weak protocols on this aspect.

Its been a while we havent seen some issues about bonus abuse or some casino had suffered some abuse and the latest one is on that Bitlucy.I dont know if its really that pertaining about bonus abuse
or something different but this is what i do remember and this is why casino owners are really that careful about these kind of possible abuse because this could cause a huge impact
into their revenue.We've seen lots of possible frauds online on which it is really just that right for them to be keen on resolving and avoiding possible
implications which might cause up these things.

Topic: Common Online Gambling Fraud (Read 796 times)