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[ 05-07-2019 ]
Online Casino Scams
Online Casino Scams
When it comes casinos, the scams that you must be on the lookout for are online casino scams. When you gamble at a brick-and-mortar casino, you’re protected from scams by local gaming commissions who strictly enforce fair gaming laws. That’s not the case on the Internet.
While online casinos are a fun and convenient source of entertainment; some online casinos are overly greedy operations started with the sole intention of scamming players. Other times, the casino simply runs out of operating capital and disappears with as much player money as possible.
Warning Signs of a Potential Scam
Here are some warning signs of a casino that may be scamming players.
1.Slow Pay / No Pay
2. Unexplained Account Closure
3. Predatory Terms and Conditions
Tips to Avoid Getting Scammed by Online Casinos
Online casino scams happen every day – even to veteran players. Don’t become a victim.To avoid Internet casino scams, follow these tips for determining whether an online casino is safe, legit, and secure.
1. Make sure the online casino uses reputable software
First let me explain what I mean about casino software. There are several companies dedicated to providing casino software to entrepreneurs who want to start an online casino.
After you’ve been around online casinos long enough, you will develop a feel for the differences in various casino software. We strongly recommend playing at live dealer casinos instead of the standard RNG games, even though at a trusted casino, it shouldn’t matter.
2.Look for online casinos that are licensed and regulated
All reputable online casinos are required to be licensed within the jurisdiction that they conduct business and operate their computer servers. GDWON333 is licensed under PHILIPPINES.
3. Read the online casino’s terms and conditions
This is an important tip that many new online casino players overlook (because it’s a pain in the butt). Every online casino should have a link to their terms and conditions.
Just like other terms and conditions you may have tried to read in the past, casino T&Cs are filled with jargon and legal-speak that can be hard to understand.
Even though it’s important to read over the casino’s terms, there’s no need to stress over every word. What you want to do is familiarize yourself with the rules that aren’t explicit on the main website.
Things to look for in an online casino’s terms and conditions
If you are a high limit casino player, you may view these restrictions as too much of a pain to deal with. On the other hand, you may not mind it taking a little longer to withdraw your winnings. Either way, it’s important to check for online casino withdrawal restrictions in advance.
C. Bonus Wagering Requirements and Game Restrictions
Casino bonuses used to be a lucrative way for players to gain back a lot of the house edge. Other the years, many bonus hunters abused the system to make some quick money. Now, online casinos have implemented a lot of restrictions and requirements for online casino bonuses.
Wagering requirements are used to prevent someone from accepting a bonus, betting big a few times, and then cashing out. You are required to wager or roll over your deposit plus the bonus money a certain number of times before requesting a cash out.
For example, let’s say you sign up for a 110% bonus offer. READ HERE.
Many casinos also have game restrictions when you use bonus money. Sometimes these are reasonable and sometimes you find online casinos that don’t allow bonus money to be used on any game except slots and keno. That can be frustrating to players who didn’t know about the restrictions.
In some cases, the casino may refuse to pay winnings to players that play restricted games with bonus money. This is another area where many people call it an online casino scam, where in reality the casino is simply protecting itself from bonus abuse.
But don’t worry, GDWON333 is licensed under Philippines and have been in the market since 2010. Do not hesitate anymore if you have not register and become a member of GDWON333! REGISTER NOW!