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Internet Gambling Fraud
by Jerry "Jet"
Whittaker
Sept 6, 2006
Internet gambling fraud
Internet gambling is a very interesting game to play is
one plays the game in its right way. Internet gambling
can be very dangerous in the other ways if not being
wrong to it. Fraud is the word used to describe the
wrong way of gambling. Fraud internet gambling is done
by the players who are not very confident of the game
and also by those who are very confident and don’t want
to loose their money on a silly mistake.
A very common way of the
Internet gambling Fraud is through credit card or
MasterCard. This was studied from the Europe, which
says that the 15 per cent of the gamblers fraud by using
a invalid card. To avoid this kind of fraud to take
place the gambling committee have now started a cross
verification of each card and by asking all the three
pin numbers. They are also having plans to start
relation with the banks to directly deduct money from
the players account if he looses or to pay him in his
account and inform him through a pay slip if he wins.
Internet gambling is now also said to be as illegal
because it can be risky. Like sometimes the player has
no idea if the games are being conducted fairly or
weather they will be paid. Plus there are also no
prohibiting controls for children on playing the
gambling games on the internet. Unlike in the land based
gambling casinos that they play real cash and get the
full amount of money of their win, in the online casinos
they are not paid accordingly. The pay has to be
between, 80% to 100% as the gambling rule in the
gambling casinos. It is like, if a person bets online
with another person he has no protection against the
winning the money.
It
is also said to be that the children have been cheated,
they think that the
internet gambling sites are free to use or free to
learn the game. But then they have charged. Now the
learners play for real money without learning the proper
payout of the game and even if they win they are not
paid. This is a kind of fraud which happens commonly in
the internet or online where the players play and very
rare to be seen in the gambling casinos.
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