Avoiding Online Casino Scams
This year has seen more and more people staying at home then every before. Many of us probably used to make fun of the people we knew that chose to never leave their homes. But now it seems we are all choosing to stay home more or in some cases being forced to self-quarantine. With so much time at home and time to kill people are looking for new ways to pass the time.
With more interest in Australian online casinos and more signups comes more chances to fall on a scam or shady casino. Not all online casinos were created equal. It is hard to believe but in 2020 there are still many online casino operators that run a shady operation. At the end of the day it is up to us to be vigilant. We need to pay attention where we choose to deposit our money and play at. That is why we decided to compile our guide on how to avoid online casino scams. Our goal is to give you the knowledge and information that’ll allow you to make an informed and educated decision.
Always check for licenses
It’s safe to say that a great place to start is by checking if the site you are considering depositing at has any valid licenses and is regulated. Over the last decade it has become more and more important to obtain proper licensing to run an online casino. In fact, many countries require you to be licensed to accept players from those countries. In the United Kingdom for example no gambling site may accept UK players if they are not properly licensed by the UKGC (United Kingdom Gambling Commission). These changes helped improve the online gambling industry by holding online casinos accountable and responsible for how they operate their business. Any online casino that does not uphold the proper rules and regulations set forth can receive huge fines totalling millions of dollars. Even worse they can lose their license and will no longer be able to operate in that country.
Inspect software providers
When it comes to software providers there is no shortage of companies out there. It is also safe to assume most of us would not recognize most of the different games’ providers out there. There are some exceptions however which most gamblers would be familiar with like Netent, Eyecon, Playtech and Microgaming to name a few. Seeing a games’ provider, you recognize and are maybe even familiar with helps in building confidence with the site in question.
Check the available payment options
Once you have chosen a site and registered an account, you will need to make a deposit. That is why checking what payment methods are available can save you time and headaches. You need to make sure the payment options you see are familiar to you. Even more important is to confirm the payment options you use are available. There is nothing more frustrating then opening an account with a new site only to find out you need to open a new account with a new payment provider as well. Beyond making deposits you should check to see which options are available for withdrawals. Once you do win some money you will need to make sure you can get your money with no hassle and as quickly as possible.
Look for reviews
Regardless of what product or service you are looking to buy or spend money on there are no shortage of reviews to read through. There are even dedicated sites that offer user feedback on a huge selection of products and services such as Trust Pilot. These sites have compiled user reviews and feedback over a long period of time and can provide useful information. In many cases people will share their own personal experiences with a casino that can help shape your decisions. It is safe to say if you are seeing many negative reviews it is probably best to avoid the site altogether.
Check for trusted logos and icons
If you scroll down to the bottom of any online casino website you are likely to find a wide assortment of logos and icons. Some of these icons may be foreign to you and will not really make any difference while other logos can be the deciding factor to whether or not you signup and deposit. Try and look for familiar logos like the ones that refer to licensing and regulations. Some of the more common logos and icons to look for include E-Corga, UKGC, Gambling Commission, 18+, Be Gamble Aware and GAMSTOP to name a few. These logos show the site in question is being held accountable and remains safe and fair to play at.
Read the promotional T&C’s
This last tip might put some readers off as it may sound confusing and time consuming. We do not expect our readers to understand the full terms and conditions on any offer they receive but they should have some basic understanding to make sure they do not have any unwanted surprises. Remember every offer must have relevant promotional terms and conditions which you should be able to easily access. If there are no terms or you cannot seem to find them anywhere this should raise a red flag. Key things to look for should be the minimum deposit you need to claim the offer. The maximum amount you will receive in bonus funds or free spins. Are there any wagering requirements you need to meet? We cannot tell you how times we hear about players going to withdraw their winnings only to find out they haven’t met the wagering requirements.
Knowing what to look for when you signup and deposit at a new online casino can make all the difference. By taking the time to follow the suggestions above you can minimize the chances you get taken by a scam and lose your hard-earned money.