Casino Online Gambling – We answer the old question: what frauds and armed actions will online casinos take against players. The results may also surprise you.
Just 10 years ago, the reliability of online casinos was in doubt. For this reason, many have chosen real casinos. Today, the situation has changed radically. Online casinos guarantee players 100% security, reliability and quality of games. But are virtual casinos that reliable? According to statistics, every tenth online casino cheats its players. How is it possible? It’s very simple: cheating in online gambling is a very complex “science”. Today we will try to figure out how not to be deceived by gambling sites.
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The most important task of a casino is to attract visitors and make them play. Various tricks are used for this purpose. The main point — to prove to a potential player that there really is a chance to win.
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Advertising plays a key role here. Every Internet user has probably seen a number of advertisements on the Internet with a smiling girl or young man proudly talking about his happiness by showing stacks of dollar bills. It’s usually followed by the motto “You can really win here” or “I made my first million here” or something similar.
Some online casinos publish information about winners who became overnight millionaires. Making money easily is the dream of many. The possibility of getting rich quick attracts more and more people.
The logic is simple: if someone succeeds, why not try. And this kind of bait is mainly intended for poor categories of people. How else can a student or mother earn money on maternity leave, if not through an online casino? Especially since the promised income limit seems unlimited and the risk minimal.
Another opportunity to attract more players to the game — it gives the opportunity to play with bonus money. So one feels the thrill of the virtual prize.
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Letting you play for free is ideal. Who doesn’t agree with free to play? But there is one nuance: your prize will not be yours. Almost always, the selection of the bonus prize is limited, so the player has to deposit his own money and make several bets. These bets will be forfeited.
Accreditation bonuses will also attract more customers. You can practice with virtual money, but you cannot choose the winnings. As a rule, everything depends on the required number of bets or rounds. To some extent, the actor will have unspeakable luck, and then – a total failure.
Life doesn’t stop and there are many scams out there. When you know the tricks of scammers, it is easier to avoid online scams. Let’s talk about the most common methods.
It’s the old way, but it still works. Everything is simple: through e-mail spam, someone claims to know about a vulnerability in the work of an online casino. Thanks to this gambling site, it is possible to cheat and rob the jackpot.
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Next, the user receives a certain scheme or instruction on how to act. The purpose of fraudsters is simple: to force a person to register on the site, deposit his money and start playing. Obviously, you can’t beat the casino.
This method of cheating is similar to the previous one. It’s just not a mistake, it’s a winning technique.
There are many options: from mathematical analysis to games with newbies (the casino should give them the opportunity to win at the initial stage). Often these patterns can be found on pretty decent job and earnings sites. And the user won’t even know what we’re talking about at first.
Then the instructions will follow. More options are possible. The simplest is that the user opens an account, deposits his money there and successfully wins using “secret” methods.
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Another way — the player has already created an account and it’s not even gambling. However, you can only withdraw your earned money by paying a commission fee. Of course, after paying the commission, one gets nothing.
In this case, the user is offered a mutually beneficial membership. The case is again linked to some tricky scheme with which it is possible to win. At the beginning, everything seems fair: the “partner” fills the account on the same basis as the player.
For the latter, it is a guarantee that it will not be stolen. The motivation of the “benefactor” is simple: it is easier to work in a team or you need a new IP address.
Then the user starts playing, sometimes with great success. But the conclusion comes when it is necessary to choose a win. The account is empty or missing. Bottom line: money lost.
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This scheme has many names: Martingale, double strike, etc. It is used not only in casinos, but also, for example, in betting offices or on the stock exchange.
When you lose, you should double the amount on the same field or action, team. Logically, it turns out that sooner or later the bet will take place and the player will win back the loss and have an advantage.
But that’s only in theory. In reality, the situation is somewhat different. Even in real roulette, the croupier is able to throw the ball in a certain place many times in a row. In online casinos to make it even easier. And the higher the amount of the bet, the less it is possible to return.
The appearance of certain reel symbols on the reels, roulette numbers or cards depends on the combinations generated by the so-called random number generator (RNG). It is a mathematical algorithm that simulates randomness. Since the sequence of number combinations is calculated by an algorithm, its result cannot be random by definition. Therefore, it is more correct to call it a pseudo-random number generator.
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No one can guarantee you that your online slot has the correct RNG that can generate randomness. This is why blockchain casinos and cryptolotteries have gained immense popularity in recent years. They can achieve true randomness thanks to the properties of blockchain technology.
For example, let’s look at our fair Ethex.bet crypto lotto. It instantly rewards players with ETH when they guess the symbols of the next Ethereum block. These symbols are random and no one in the world can predict what they will be. In addition, Ethex.bet a reward system based on Ethereum smart contracts – computer protocols designed to facilitate, verify or digitally enforce the negotiation or performance of a contract. Smart contracts enable trusted transactions without third parties.
Blockchain enthusiast developer and writer. I love video games, blockchain and the warm symbiosis of these two worlds. Believe it or not, almost 30 years have passed since the first virtual spin of an online slot machine; and more than a quarter of a century since a hacker tried to find a secret way to beat the house.
Microgaming is credited with being the innovative business behind the world’s first online network. The story is often vague and hard to define, with many of the early protagonists looking to blur the lines between their current roles and the pioneering work that got them where they are today.
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Microgaming’s chief architect was Business Science University of Cape Town graduate Martin Moshal; in many ways the Berners-Lee team online s. Today, Moshal is a very successful businessman and philanthropist who misses an extraordinary role in the history of the online gambling space.
Moshal has its own scholarship program and equity investments that fund startups. He describes himself as a “serial entrepreneur in the Internet and software industry who has been building and launching numerous startups for over 20 years.”
It’s a very humble summary. In fact, Moshal was the man who introduced the world to the Internet. But he was not alone.
Today, Moshal uses his millions to invest in young businesses. In the early 1990s, Moshal was an innovator in the search for an investor. Moshal wanted to develop online games and start his own software company.
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He approached Discover Bank Limited, where he met a newly graduated merchant banker, Roger Raatgever. Unfortunately, Moshal’s credit score was not high enough to secure the investment. Both Raatgever and Moshal were clearly impressed with the idea and offered to co-sign the loan in exchange for a 50 percent stake in the business.
Moshal agreed. Microgaming was born. Raatgever said in an interview: “I was in the rat race in merchant banking and thought it was an exciting opportunity. I had very little knowledge of [the sector], but for me it had all the elements of excitement. I’m an adrenaline junkie.”
We know that Microgaming was responsible for the first online, but which one was it? The two contenders for the title of first online are The Gaming Club and Inter, the latter of which operates using rival Cryptologic games.
However, it is difficult to get an exact timetable