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Casinos have always been the attracting sites for those to try luck and pave their way from rags to riches. Although, from centuries it is seen that casinos and frauds go hand in hand. Cheating, frauds and things like that have been prevalent from the times when people used to play card games.
With the development and modernization in the world, Frauds have also evolved, larger in scale, more clever and on top of that the shift to digitalization has opened a new door for Fraudsters to explore.
Types of frauds
Both the casinos and players can be the victim of scams. There have been instances, where the players have accused the gambling houses for frauds and vice-versa.
Venue frauds
Despite high security and advancing technologies, fraudsters always come up with new ways to scam the players or the gambling houses. Some casinos tend to use rulesets that are not mentioned by regulatory bodies, match fixing, non-standard deck of cards, altered machines etc. Also, to keep a hawk’s eye on gamers, the Casinos are given the right to ban players who they suspect of cheating from their premises.
Online frauds
Technology has made online games more accessible and comfortable for a wider range of public to pay, and has thus made them more likely to encounter such frauds. Bonus abuse, collusion, chip dumping, impersonation are some of the prevalent online frauds these days. Due to the online shift in gaming, it has become necessary to provide users with an online payment gateway, another high risk fraud zone, which is a threat to their bank account, credit card information. People have developed certain machines and devices that help them to detect the next move of numbers. But Games like these have survived because of certain places/sites like Legacy of Dead that provide a safer environment to the players.
Preventive measures
For over a decade now, casinos have developed multiple methods to detect fraud activities from the players, high securities, while online gambling each product has backend data that is analysed to check the player’s behaviour and multiple accounts. But on the other hand, Safety of gamers lies in their own hands.
- governments have come up with many laws and regulations to keep in check the illegal gambling businesses but one must only play on secure and verified websites and centres.
- It is also the responsibility of the casinos to safeguard user’s information by encrypting their sites.
- Nowadays, Some tech firms that specialise in fraud detection and safety provide certification, make sure to use certified sites.
Conclusion
Casinos have always been the site of high risk, as they are tempting with high cash rewards with minimal efforts in minimum time. It is debatable to say that it is a game of all luck or skills. Though with time, security has gotten more strict in both online as well as live casinos but such games that involve monetary transactions are always the soft target for the fraudsters. Therefore, the players should be attentive while playing casino.
