Wednesday, November 11, 2009

How to Spot Gambling Scams

Gambling can be fun if done right and in moderation. The problem is some people don't know how to moderate themselves and lose their perspective on the situation. This leaves them open to all kinds of gambling scams.

With the advent of technological advancements, people can find ways on how to do things differently. The problem is that some of these things do more harm than good.

One of the greatest problems brought about by technology these days are the scams. This is because with high-tech gadgets, most scammers can easily identify the information that they need so as to get hold of a person's bank account, credit card, etc.

One great example of scams is those that are used in gambling. These fraudulent activities are so prevalent in gambling, especially online-gambling because a lot of people want to earn money. They are so hooked up with earning money that they tend to neglect areas that need careful analysis.

People who fall easily as prey are those who are vulnerable to ads that states about easy money, sure win, or higher chances of winning.

However, there are still ways to deal with these problems. The bottom line is to identify which gambling activity is fraudulent or not.


Here's how:

1. People should learn to assess things whenever somebody is pushy about a certain thing. Chances are, if they are so pushy, they want to get what they want whatever the case may be. It's like giving their victim a now or never ultimatum. If a certain gambling activity claims it can't wait until the next day, chances are, that activity is a scam.

2. Surveys show that when a certain gambling activity is offering lots of money in a short span of time for just a small fee, there is a higher probability that it is a scam. The bottom line is that, if it looks and sounds too good to be true, chances are it is a scam.

3. If certain rules and regulations are too vague to be understood, chances are it may be a scam. This is because scammers will usually not lay down all the facts. They have hidden agendas or costs that will reap more money once they get their victim on the hook.

4. A gambling deal that would offer something for nothing is definitely a scam. In most cases, people get something without giving in return at first. What's more, they even give people a money-back guarantee, which may sound so enticing but all the more it is just like that, an enticement. So, for people who fall to these kinds of situations, it would be better to be wary next time around. As they say, a person will never know what a scam is unless he knows how to spot one.


Remember this is your money and your life. Gambling can be fun in a controlled and safe environment. Just be careful not to get too into it that you lose your perspective, your money and your life.


Comeback next week for more tips, tricks and techniques to assist you in living the Champagne life on a Beer budget. We're all inthis together, and I'm pulling for ya.

Mahalo.

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