Scams
Don’t take chances with your online safety – watch out for fake sports betting apps and other traps set by scammers
28 Jan 2025
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5 min. read
Online gambling is a booming industry, with revenues exceeding $84 billion in 2023. The legalization of sports betting in US states has further fueled this growth. However, with more users joining the online gambling scene, scammers are also targeting this space with various fraudulent schemes.
From deceptive online casinos to malicious apps and phishing tactics, the threat landscape is expanding. Here are some common scams to watch out for:
Top 6 gambling and betting scams
1. Phishing
Scammers use phishing to trick victims into divulging personal or financial information by posing as legitimate gambling sites or companies.
2. Task scams
Victims are lured into online job scams where they end up losing money under the guise of completing simple tasks.
3. Malicious casinos
Fraudulent online casinos offer attractive bonuses and rewards but make it difficult for players to withdraw winnings.
4. Fake apps
Fraudulent apps entice users with promises of easy wins, only to lock their winnings and disappear.
5. Scam tipsters
Beware of individuals claiming to have insider tips for betting success, as they are often scams.
6. Fixed-match scam
Scammers manipulate individuals into believing they have access to fixed match predictions, leading to financial losses.
Top tactics for a safer betting experience
To protect yourself from scams, follow these tips:
- Use verified and licensed gambling platforms.
- Be cautious of offers that seem too good to be true.
- Enable multi-factor authentication for added security.
- Avoid sharing personal information through unsolicited messages.
- Monitor your accounts for any unusual activity.
- Avoid online tipsters offering insider information.
- Download apps only from legitimate stores.
Enjoy online gambling responsibly and stay safe!
