Online betting is obviously fun, there are so many chances to earn money from it. However, there are also some risks that come with online betting. 

So many scammers out there are always looking for ways they'll trick you to lose your hard-earned money, so it is absolutely very important that you stay safe from these scammers.

We've been able to prepare a guide for the most common betting scams you can face and how to avoid them.

Fake Betting Websites

Fake betting websites are obviously one of the most common scams you can face in sports betting.

These sites might look very real to you, however, they are actually designed in such a way that they can easily steal your data and money without you even knowing. 

They usually offer you some really unbelievable bonuses that will lure you to them, but when it's time for you to withdraw, they will give you nothing.

How to stay safe:

1. Always make sure you stick to well-known betting sites that are licensed.
2. Try to check for HTTPS in the website URL before you make use of it.
3. Sometimes it's better to learn from others, so also read reviews online before signing up.

Phishing Scams

Phishing scams usually happen when scammers devise some means to steal either your logins or payment details. 

They usually do this through some fake emails, messages, or even pop-ups that look as if they're from a betting platform, when in actual reality they are not. If you mistakenly click on these links, it could lead to your account being hacked.

How to stay safe:

1. Make sure you never click on suspicious links.
2. Try to always log in directly through the official site or app of the betting platform.
3. We strongly advise that you enable two-factor authentication, that's if it's available.

Rigged Betting Systems

Some scammers would want to sell to you a guaranteed winning strategy or even betting tips. They'll usually promise you that you are going to win huge money. 

However, this is actually a trap from them to take your money. In whatever you do, just have it at the back of your mind that no system is going to guarantee you a 100% winning.

How to stay safe:

1. Always avoid any service or person that will promise you that you will win.
2. Always do your own research, and I'll strongly advise that you stick to strategies that have been working for you. Don't change a winning formula.
3. There are so many reputable betting guides and forums out there, trust them.

Withdrawal Issues

Some of these shady websites always make it very difficult for you to withdraw your winnings. Sometimes they usually impose some hidden fees or even delay your payments.

Some go to the length of even blocking your account completely just to keep your money in their system.

How to stay safe:

1. Before you deposit, try to check withdrawal terms first.
2. Ensure you try and read reviews about their payout speed.
3. It is always advisable that you start with very small deposits so as to test the site and know if they're legit.

Social Media Scams

A lot of scammers usually target bettors on social media.

How to stay safe:

1. Never trust any random messages that tell you about sure games. There's no such thing as a sure game.
2. Do not share your personal or banking details online with anyone or any platform you don't trust.

Final Thoughts

Online betting is very rewarding, no doubt, but if you fall victim to scammers or fake websites, you will hate yourself because they'll milk you dry.

Just like we mentioned above, there are so many ways scammers are using to take advantage of unsuspecting bettors. Make sure you follow our tips in this article.

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