yes cheating will only harm yourself. after all why do we have to cheat if we can play well and know what's being played. Like making a soccer bet, we will see which team is the most superior. Or when playing slots, we just need luck. Play the game reasonably and not too high to hope for a jackpot. Those who cheat will get punishment which will certainly be very detrimental.
Cheating is a crime and that's it. If we wanted to have no problem with our account, we must play honestly and avoid exploiting glitches and bugs that also includes cheating using third party application that can modify the result of our bets. I also agree that cheating will only harm ourselves, it lessen our credibility and when got caught, it can be a reason to ban our accounts and all our effort in getting VIP ranking will all go to waste and at the same time, any amount on our account will be confiscated. So I would avoid cheating even if the situation present itself. It is better to have a clear conscience than having money that is accumulated in the wrong way.