5 Signs you are Dealing with a Scam Online Casino
When it comes to gambling, there are many things to consider and factors to evaluate before you make your final decision.
17:10 09 September 2022
After all, regardless of how much you enjoy playing poker or slots, the last thing you want is to lose money. Any time you are spending money on anything - especially gambling - it can be quite nerve-wracking.
You might feel like any red flags or warning signs are a risk worth taking. After all, what’s the worst that could happen? But... let’s be honest here. There are several terrible things that can happen if you don’t keep your wits about you when it comes to online casinos.
With so many scammers out there trying their best to take advantage of people with fake casino sites, it can get quite confusing as to who is trustworthy and who isn’t. If you want to avoid being scammed by a fraudulent casino site and protect yourself from fraudsters, take note of these 5 signs of a scam online casino:
1. The casino website is not licensed by a legitimate gaming authority
First and foremost, if you are looking for a legitimate online casino, it is crucial to know whether or not the website you have come across is licensed by a legitimate gaming authority.
There are plenty of scammers out there who have stolen legitimate casino graphics and icons, created a site, and are now tricking unsuspecting users into playing at their site. If you want to avoid being scammed by one of these scammers, you need to know if the site is properly licensed.
You can do this by either simply doing some online research or contacting the online casino directly and asking about their licensing details. Always do your homework when you want to play at a casino with easy verification.
2. You are unable to withdraw your money when you want to
If you are unable to withdraw your own money when and how you want to, this is a huge red flag and a warning sign that something is wrong. Unfortunately, scammers are often known to steal players’ funds and keep them from getting their money back when they want to withdraw.
This can be one of the most heartbreaking experiences for a player. Having your winnings stolen by a casino can be devastating. In order to avoid this situation, you should always only play at a casino where withdrawals are easy, quick, and legitimate.
Also, if you are playing at an online casino, you have the right to request that your winnings be paid in the same way you funded your account. If your withdrawal is taking longer than it should do, or if you are having difficulty withdrawing your own money, you are at risk of being scammed.
3. The minimum withdrawal amount is unreasonably high
No legitimate online casino will ever have a minimum withdrawal amount that is unreasonably high. In fact, if a casino has a minimum withdrawal amount that is significantly higher than it should be, this is a clear sign that something is likely wrong with them.
Online casinos make money from their house edge and from the money they keep from losing players. In order to keep their business thriving, they need to make sure that the winnings they pay out are slightly less than what they are taking in.
If a casino has a withdrawal amount that is unreasonably high, this means that they are likely keeping more money than they should be. When a casino has a minimum withdrawal amount that is significantly higher than it should be, this is a red flag and you should avoid playing there.
4. The online casino uses vague language or complicated wording
If the site you are playing at uses vague language or complicated wording, this is usually a red flag. This means that the site is purposely trying to confuse you and trying to get around certain regulations without getting caught.
The more complicated their language is, the more likely it is that they are trying to deceive you and take advantage of your lack of knowledge and experience with gambling regulations. If the site you are playing at is using confusing language, it is a good idea to look for a different site to play at.
5. Bonus offers and free spins have impossible wagering requirements
One of the signs or red flags of a fraudulent online casino is that bonus offers or free spins have impossible wagering requirements. This is a clear sign that the online casino is likely trying to take advantage of you and steal your money.
If bonus offers or free spins have an impossible wagering requirement, this means that you will never be able to get your winnings from these free offers. You are likely going to end up losing significantly more money than you ever gained from these bonuses.
When you see bonus offers or free spins with impossible wagering requirements, it is a clear sign that the online casino is trying to steal your money and is a fraudulent site that you should avoid at all costs.