Updated: April 2024
How to Spot a Scam or Fraudulent Sportsbooks Online
The Internet sports betting industry is subjected to bad behavior… just like any industry in the world. Therefore, you need to be vigilant and do business with only those reputable websites. With a little foresight and knowledge, you can easily recognize these fraudulent Internet sports betting websites. And, once you’ve done this, your only job is to steer clear of them.
The most important thing you have to do when you choose to do online sports betting is to research the website you want to sign up with. Be sure you get as much information as possible before you make any kind of deposit. The simplest way to avoid the fraudulent sportsbook sites is to seek out the small signs of scammers.
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5 Tell-Tale Signs An Online Sportsbook Is A Scam
Again, if you know what you’re looking for in a fraudulent online sports betting site, you can steer clear of trouble. There are five signs to look for:
1 – Customer Service Department Is Slow
If the customer service department is slow in getting back to you with answers to your questions, it could be a real issue. To learn how they’ll respond, send them a brief message – about anything – and see how long it takes for them to respond. If they don’t get back with your right away, it’s possible the site is fraudulent.
2 – High Sign-On Bonuses
If the sign-on bonus is up to three times higher than the competition, you can rest assured that something is off about the website. Steer clear of these sportsbooks websites since they’re unlikely to send you money when you win.
3 – Odds Don’t Seem Plausible
Take a glance at the betting lines. A fraudulent site will make all things possible to entice bettors and have great odds that people tend to find attractive. Remember the old saying, “if it sounds too good to be true, it usually is”.
4 – Payment Options
When you look at each sports betting website, check out their payment method. Most scamming sites will only permit bettors to do deposit through methods that don’t allow for chargebacks. If you see that bank wires and money transfers are the only options, leave the site now.
5 – Big Opening Deposits
Another tell-tale sign of a fraudulent online sports betting site is the initial deposit you have to make when you want to get started. The majority of websites demand a minimum $10 deposit to get started. If the website you’re on asks for a deposit in the hundreds of dollars, it’s time to hit the back button and back out of the website.
Don’t be taken for a ride; it’s your money! With a little research and carefully investigation, you can spot the fraudulent online sports betting websites before you deposit one dime into it.
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