When any business flourishes on the net, you can be sure of two things. One is that there will be many other businesses that will follow suit and seek out the willing customers. Two; there will be those individuals that will see this as an opportunity to play on the consumers needs and look for ways to rip them off. This is not uncommon. It happens on every occasion where an online business is a success and as a result, the popularity drives new users to check the sites out and they unwittingly stumble into bogus sites that have been cleverly designed to ensnare.
How they do it is rather simple but it is so very clever if you are new to the gambling scene. You will be asked to deposit funds and then gain access to a variety of bogus games, all these games have been fixed so that you cannot win, thus you lose your money and any “bonus” they may have falsely presented to you. If you decide that you want to cash out before you have lost the lot, they will have a cash out clause that states you must win at least the same amount as what was given as a bonus. As you are completely unable to win funds, which will mean that you will lose no matter what! All very cleverly done, and to a newcomer it will seem completely legit. There are now hundreds of sites that have been listed as bogus. Some of these cannot be taken off the net due to the complexity of how it works, but you can find out who the known bogus sites are by doing a search on the net. This will also give you a link so you can post any information you may have found out about other sites. It is a welcome community and everyone watches each others back.
There are ways to avoid this is in the first place, it is simple and it is all you need to know. A gambling site needs to be regulated for it to be proven to be fair. Those sites that are regulated have to be licensed. A licensed site will always have this information where you can clearly see it, they do this because it promotes business, and anything else hidden away means that the site is not licensed and you should avoid it at all costs.
