Common Online Gambling Fraud - page 3.

Kemarit

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Quote from: goinmerry on January 26, 2023, 06:57:27 PM

Quote from: 348Judah on January 26, 2023, 04:04:34 PM

The common one start with the gambling casino requesting for KYC often especially when the gambler would have won, they introduced this verification procedures in ither to help delay and possibly cross check the winner for more verifiable authentication before handing over the fund to him but eventually it turns to an offence on the gambler's end since incomplete procedures to that may hinder him from redeeming his winnings, which they never taught about to request him doing before he won, the more reason many now termed it as gambling fraud in some cases.

It doesn't really make sense to ask KYC for big winnings since it can easily be verified if the win turned out fraud or cheat.

The KYC instead should be mandated if the account was triggered by the security and something suspicious is being suspected.

For example, a big amount was deposited on that account, and then try to withdraw it without wagering. That is an obvious attempt that something is taking place.

I think the casino will not allow you to just deposit and withdraw without wagering, they put something in their system that you have to wager x1 or something like that because it's obvious that you might be using their casino to mix coins and thus it could come from a tainted and bad source.

But in any case, I would agree that the casino should ask for KYC before any withdrawal, not just huge amount of winnings.

Because asking it late will sometimes cause issues with gamblers who doesn't cheat and take advantage of some exploits in their system.

Solosanz

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Quote from: goinmerry on January 26, 2023, 06:57:27 PM

It doesn't really make sense to ask KYC for big winnings since it can easily be verified if the win turned out fraud or cheat.

The KYC instead should be mandated if the account was triggered by the security and something suspicious is being suspected.

For example, a big amount was deposited on that account, and then try to withdraw it without wagering. That is an obvious attempt that something is taking place.

When the lucky gambler won a big amount money, it's a suspicious thing for the casino's side because based on the calculation, the gambler wouldn't able to beat the house due to house edge Tongue

that's why the casino ask to submit KYC for the big winnings.

It's used to prevent from multi accounts, professional gambler which make a living from gambling will make a lot money. Usually the casino will give limit max betting in order to prevent the casino rekt, so the professional gambler should use his first account and not to create new account in order to avoid the limitation.

uneng

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Quote from: 348Judah on January 26, 2023, 04:04:34 PM

The common one start with the gambling casino requesting for KYC often especially when the gambler would have won, they introduced this verification procedures in ither to help delay and possibly cross check the winner for more verifiable authentication before handing over the fund to him but eventually it turns to an offence on the gambler's end since incomplete procedures to that may hinder him from redeeming his winnings, which they never taught about to request him doing before he won, the more reason many now termed it as gambling fraud in some cases.

After reading so many different methods used by players to scam casinos, I start thinking the KYC process is quite acceptable, because casinos also have to adopt protective measures against cheaters, otherwise they can even go bankrupt with so many threats and attacks against their platforms in real time.

If they know the identity of the gamblers, it's easier to track them and make they return money they won unduly to the company. It's understandable honest players feel offended sometimes for having to show their IDs after big wins in order to enjoy the prize, but we have to understand the other side as well... Not only casinos cheat players, but the opposite happens a lot too.

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Quote from: 348Judah on January 26, 2023, 04:04:34 PM

The common one start with the gambling casino requesting for KYC often especially when the gambler would have won, they introduced this verification procedures in ither to help delay and possibly cross check the winner for more verifiable authentication before handing over the fund to him but eventually it turns to an offence on the gambler's end since incomplete procedures to that may hinder him from redeeming his winnings, which they never taught about to request him doing before he won, the more reason many now termed it as gambling fraud in some cases.

It doesn't really make sense to ask KYC for big winnings since it can easily be verified if the win turned out fraud or cheat.

The KYC instead should be mandated if the account was triggered by the security and something suspicious is being suspected.

For example, a big amount was deposited on that account, and then try to withdraw it without wagering. That is an obvious attempt that something is taking place.

BitcoinPanther

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Quote from: noormcs5 on January 26, 2023, 06:23:39 PM

Quote from: samcrypto on January 26, 2023, 05:51:01 PM

Gamblers are more safe if the safe are being honest in the first place, if KYC will be asked later on then better if they will start asking it during the registration so the gamblers will have the choice to continue or not. KYC plays its role for the purpose of fraud and laundering, the only concern of the gambler here is that, they identity is not safe at all. There are fraud that is being unaccounted especially with crypto gambling, I hope we have a clearer regulations when it comes to this one and make liable those who commit fraud.

Personally i would not trust the casino who will not ask for KYC initially but later when they see that i need to withdraw money, they start to make excuses to delay the withdrawals and one of the tactic they use to delay this is to ask for KYC. This action shows that the casino is not transparent and can make change in the rules for their own benefits.

I don't mind whether the casino asks for KYC or not. What matters to me is that they have proven records of not defrauding their players and be able to pay no matter how huge is the winnings. Some reputable casinos are not asking for KYC as mandatory unless there are some issues arises that needs the player to submit KYC.

Quote from: noormcs5 on January 26, 2023, 06:23:39 PM

Quote from: AmoreJaz on January 26, 2023, 05:59:57 PM

sometimes small casinos are using that loophole to stall big winnings to the player. hence, always advisable to play on reputable casinos with no problem in big withdrawals. and with their small bankroll, they are hesitant to pay up big winnings even if it was won fair and square.
i guess, fraudulent acts from the player and the casino itself won't stop anytime soon. so long there are players and casino owners who are driven by greed, this situation won't be terminated anytime soon.

If small casinos will not allow big winners or manipulate the system, how can people trust them in future and they will only lose their clients.
Same if the casinos disallow / delay withdrawals, they do harm to their reputation and those who want to do real business and grow will never deploy such reputation.

True, if a casino don't have enough bankroll they can limit their players betting size in proportion to their funds to not get busted when a huge amount is won by a player.

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Quote from: samcrypto on January 26, 2023, 05:51:01 PM

Gamblers are more safe if the safe are being honest in the first place, if KYC will be asked later on then better if they will start asking it during the registration so the gamblers will have the choice to continue or not. KYC plays its role for the purpose of fraud and laundering, the only concern of the gambler here is that, they identity is not safe at all. There are fraud that is being unaccounted especially with crypto gambling, I hope we have a clearer regulations when it comes to this one and make liable those who commit fraud.

Personally i would not trust the casino who will not ask for KYC initially but later when they see that i need to withdraw money, they start to make excuses to delay the withdrawals and one of the tactic they use to delay this is to ask for KYC. This action shows that the casino is not transparent and can make change in the rules for their own benefits.

Quote from: AmoreJaz on January 26, 2023, 05:59:57 PM

sometimes small casinos are using that loophole to stall big winnings to the player. hence, always advisable to play on reputable casinos with no problem in big withdrawals. and with their small bankroll, they are hesitant to pay up big winnings even if it was won fair and square.
i guess, fraudulent acts from the player and the casino itself won't stop anytime soon. so long there are players and casino owners who are driven by greed, this situation won't be terminated anytime soon.

If small casinos will not allow big winners or manipulate the system, how can people trust them in future and they will only lose their clients.
Same if the casinos disallow / delay withdrawals, they do harm to their reputation and those who want to do real business and grow will never deploy such reputation.

AmoreJaz

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Quote from: dunfida on January 26, 2023, 05:43:56 PM

Quote from: 348Judah on January 26, 2023, 04:04:34 PM

The common one start with the gambling casino requesting for KYC often especially when the gambler would have won, they introduced this verification procedures in ither to help delay and possibly cross check the winner for more verifiable authentication before handing over the fund to him but eventually it turns to an offence on the gambler's end since incomplete procedures to that may hinder him from redeeming his winnings, which they never taught about to request him doing before he won, the more reason many now termed it as gambling fraud in some cases.

This is why it would be always sensible that you should stick out on sites or platforms which are known to be that reliable and could really be trusted or does have less issues when it comes on giving huge winnings
because this had been that very common on where players do able to experience it out on which they've been asked for some further verifications on the time that they would win big which do really sucks.
If ever they had won then there's no other hassle things that a certain player should experience out and pay the winnings in full without any requirements or whatsoever.
They are running a business which does have some jackpot which it would be not shocking if ever someone do hit up big.

sometimes small casinos are using that loophole to stall big winnings to the player. hence, always advisable to play on reputable casinos with no problem in big withdrawals. and with their small bankroll, they are hesitant to pay up big winnings even if it was won fair and square.
i guess, fraudulent acts from the player and the casino itself won't stop anytime soon. so long there are players and casino owners who are driven by greed, this situation won't be terminated anytime soon.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

Quote from: 348Judah on January 26, 2023, 04:04:34 PM

The common one start with the gambling casino requesting for KYC often especially when the gambler would have won, they introduced this verification procedures in ither to help delay and possibly cross check the winner for more verifiable authentication before handing over the fund to him but eventually it turns to an offence on the gambler's end since incomplete procedures to that may hinder him from redeeming his winnings, which they never taught about to request him doing before he won, the more reason many now termed it as gambling fraud in some cases.

If I can vividly remember, there was a time a topic was created about the last sentence you made; ...and the Op was asking if it's right to have KYCs at the very start/during registration on a site or if peeps felt comfortable with bringing them in after they've had mega winnings.... People gave different opinion and I think I supported that it's done along side the registration process too.
On the other hand, It ain't termed as fraud if a casino should demand for KYC before claiming your winnings since anyone could simply log on your account and get 'em funds, as if they were you -- what' happens at that point? Do you blame the casino for letting your funds to someone else?

Sandra 🧑‍🦰

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Quote from: Finestream on January 26, 2023, 04:18:03 PM

Quote from: ?? on ??

It's important to be aware of these typical online gambling business scams and to take preventative measures to avoid falling for them. This entails being watchful with bonus offers and promotions, alert to indications of collusion or chip dumping, and careful with regard to securing your personal data and credit card information. Furthermore, it's critical that online gambling companies adopt strong security measures, such as tight KYC and anti-fraud checks, and watch for suspicious activity, to stop these sorts of scams from happening. In order to successfully prevent fraud and fraudulent actions, it is crucial for everyone participating in the online gaming sector to exercise caution and cooperation.

That is why everyone should abide with KYC, as this is one way to ensure safety and security on our own account. But as gamblers too, we should also be responsible in keeping our own account safe from scamming and any fraudulent activities that we may fall if we are careless and reckless in our decision making. It’s best to take action with caution, and to always mindful when gambling online as you can become a sudden target of a scammer without you knowing.

Gamblers are more safe if the safe are being honest in the first place, if KYC will be asked later on then better if they will start asking it during the registration so the gamblers will have the choice to continue or not. KYC plays its role for the purpose of fraud and laundering, the only concern of the gambler here is that, they identity is not safe at all. There are fraud that is being unaccounted especially with crypto gambling, I hope we have a clearer regulations when it comes to this one and make liable those who commit fraud.

dunfida

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Quote from: 348Judah on January 26, 2023, 04:04:34 PM

The common one start with the gambling casino requesting for KYC often especially when the gambler would have won, they introduced this verification procedures in ither to help delay and possibly cross check the winner for more verifiable authentication before handing over the fund to him but eventually it turns to an offence on the gambler's end since incomplete procedures to that may hinder him from redeeming his winnings, which they never taught about to request him doing before he won, the more reason many now termed it as gambling fraud in some cases.

This is why it would be always sensible that you should stick out on sites or platforms which are known to be that reliable and could really be trusted or does have less issues when it comes on giving huge winnings
because this had been that very common on where players do able to experience it out on which they've been asked for some further verifications on the time that they would win big which do really sucks.
If ever they had won then there's no other hassle things that a certain player should experience out and pay the winnings in full without any requirements or whatsoever.
They are running a business which does have some jackpot which it would be not shocking if ever someone do hit up big.

Finestream

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Quote from: ?? on ??

It's important to be aware of these typical online gambling business scams and to take preventative measures to avoid falling for them. This entails being watchful with bonus offers and promotions, alert to indications of collusion or chip dumping, and careful with regard to securing your personal data and credit card information. Furthermore, it's critical that online gambling companies adopt strong security measures, such as tight KYC and anti-fraud checks, and watch for suspicious activity, to stop these sorts of scams from happening. In order to successfully prevent fraud and fraudulent actions, it is crucial for everyone participating in the online gaming sector to exercise caution and cooperation.

That is why everyone should abide with KYC, as this is one way to ensure safety and security on our own account. But as gamblers too, we should also be responsible in keeping our own account safe from scamming and any fraudulent activities that we may fall if we are careless and reckless in our decision making. It’s best to take action with caution, and to always mindful when gambling online as you can become a sudden target of a scammer without you knowing.

goaldigger

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Quote from: 348Judah on January 26, 2023, 04:04:34 PM

The common one start with the gambling casino requesting for KYC often especially when the gambler would have won, they introduced this verification procedures in ither to help delay and possibly cross check the winner for more verifiable authentication before handing over the fund to him but eventually it turns to an offence on the gambler's end since incomplete procedures to that may hinder him from redeeming his winnings, which they never taught about to request him doing before he won, the more reason many now termed it as gambling fraud in some cases.

Some casinos stated this rules on their terms and conditions, probably you can read it before playing on that site and if that is ok with you then continue playing. This is probably not a fraud but their way to follow the regulations and this is only possible if you win big. Anyway, fraud will always be there to abuse the system and this is why even in gambling you are still not safe so better to choose the best site that can protect your identity, be careful as well as this is your responsibility to safe keep your details as well.

348Judah

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The common one start with the gambling casino requesting for KYC often especially when the gambler would have won, they introduced this verification procedures in ither to help delay and possibly cross check the winner for more verifiable authentication before handing over the fund to him but eventually it turns to an offence on the gambler's end since incomplete procedures to that may hinder him from redeeming his winnings, which they never taught about to request him doing before he won, the more reason many now termed it as gambling fraud in some cases.

Vaculin

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Winding down.

Quote from: Kakmakr on January 25, 2023, 01:29:04 AM

What about Loan scammers in chat .. ?

There are quite a lot of people in casino chat channels... that will ask for small loans and then people will fall for their stories and they will loan them money. Those people use Alt accounts or accounts that they have bought from other people .... and when they receive the money, they will simply cut and run.

These people will also stalk people's social media accounts, when they spot them on other social media platforms. (Telegram / Twitter ...etc)

There are still good samaritans who fall for this type of fraud because their intention is to only help, not knowing that they only end up victims of fraud. This is why never trust anyone on casinos chat especially since most of the members are complete strangers. If you are kind hearted and would mostly fall for sad stories, then stay away from being involved in the chat as you will only feel pity for some scammers and grant their loan request.

Odusko

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Quote from: Don Pedro Dinero on January 25, 2023, 11:42:29 PM

Quote from: seoincorporation on January 23, 2023, 09:31:08 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.

Thanks, I'll write that one down, I didn't know it. The bad thing about that is that it makes you distrust every one, even those who can tell a legitimate story. But anyone who has a sobbing story shouldn't be in the casino, so if it happens to me automatically I won't pay any attention.

I don't know that form of abuse either but I am aware of such practices in online communities it could have been popular on the forum but just that the forum has a strong rule against begging and that law has helped us to clean beggars out of the forum.
So I am sure this form of fraud will exist in casinos most especially that casino that has live chat rooms for players, but if we also look closely we can classify that act to be out of the fraud group since the player is not obligated to give even though the beggar approach them with any kind of stories that touch the heart.

Russlenat

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Quote from: seoincorporation on January 23, 2023, 09:31:08 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.

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Quote from: harizen on January 25, 2023, 06:53:38 PM

Quote from: jossiel on January 23, 2023, 06:26:53 AM

There's also the match fixing.

And the fraud goes with those people claiming that they know a match that's about to be fixed and from there, they're asking people to deposit and bet also with them.

Actually, if gambling in a respective and established sports book, expect that it's a rare case where you can bet on a fixed match. Although it's happening, it's not that big leagues or players will be involved in that. These people won't exchange their reputation for a small amount they can get by joining the fixed match.

Instead of the actual fixed match, what others do prioritize is, always staying at those random users who will offer you such things.

There's no such thing as these people who are involved in the fixed matches for real will contact random users to offer their sh*t service.

If the way that it was done is something like this, approaching someone you really don't know and offer such kind of services, it's a big NO as it's a clear attempt of scam, if there's something that still exist in match fixing, probably it's more on small league since they can really offer a decent amount of money to either players, coaching staff or officiating officials that can give them the control of the game.

A fraudulent act that still allure people who are greed, thinking that it's a real advantage that they can get only to find out that they've been scammed by those scammers who understand how to trick in such an effective way.

Stepstowealth

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Because there are different kinds of frauds in gambling and some are considered more serious than some others, I have the believe that if a survey is to be carried out about the number of persons who have been involved in some sort of activity to defraud a casino to their gain, many people will be found guilty to have been involved in at least one or even more of the gambling frauds than can be expected. If a further survey is carried out to know if they felt some pity on the casino, many and as usual again more than expected will surprise us by saying they don't pity the casino, and they will hold the reason that they have lost many times.

darewaller

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Quote from: davis196 on January 26, 2023, 06:53:19 AM

Who would believe a sad story that is being told by a random person in an online chat nowadays? I thought that the "Nigerian prince" email scam would never survive in the long run. Maybe I was wrong. Grin

Anyway, OP has mentioned all the ways the gamblers are trying to scam the casinos. We should make a list about all the methods the online casinos are using in order to scam their customers.
I think that the credit card fraud shouldn't be mentioned here, because:
1.This is a crypto gambling forum and most crypto casinos don't accept credit/debit cards.
2.Most online casinos(both fiat and online) are trying to stay away from credit/debit card payments, because they might get accused into supporting money laundering/CC fraud, so their business might be facing big trouble.

Unless if they show some proof which are convincing enough. If that is the case then I would like to donate some of coins assuming that I am also winning big that time. Yeah we are talking about crypto casinos but actually a lot of them are now supporting different payment methods including banks and cards (credit/debit), so there is no problem if they are included in the topic IMO.

Cards are more centralized so I don't think many criminals will get tempted to use them as they can be tracked out easily. As long as the casino is honest and they don't have a connection to the launders then why should they be afraid of? Besides, some of them are now regulated and requires a KYC.

OgNasty

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Don't forget probably the most common and used scam online. MITM - Man in the middle. I'm certain there are sites out there posing as other sites and hoping you wound up there by accident only to sign up or login and either have your login stolen, or make a deposit to the fraudster which you will never see again. This is a scam I see commonly involving escrows here, where one user will try to get another to communicate via Telegram where they use someone's identity here to lure you into a false sense of security, only to have you send them funds which you will never see again... Be careful out there folks. It's hard to be overly paranoid when you are sending someone over the internet money.

Topic: Common Online Gambling Fraud - page 3. (Read 838 times)