• Gi8: Risks Of Online Gambling

    Online gambling has been around for a long time, but it's only recently that the online landscape has really changed. With more and more people getting involved in the industry, there are certainly some risks to be aware of. In this blog post, we'll take a look at 8 potential pitfalls you may want to avoid if you're thinking about joining the fun. The first is credit card fraud. The most common risk of online gambling is credit card theft, and depending on where you're located, this can be more of a risk than others.

     

    For example, there are laws in place to protect consumers against fraudulent charges made by their own banks or creditors in the US. This means that if anyone were to steal your credit card and use it to make a purchase in the US, you might be covered. If not (and most often if they're overseas), then you've got no protection at all against any fraudulent charges made without your knowledge using your account. These kinds of scams can add up quickly, and when someone overseas is making thousands of dollars worth of transactions on stolen credit cards every day, the losses add up fast.
     

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    Sometimes these criminal organizations will spend less than three thousand dollars on an entire month's worth of activity just to throw off fraud detection systems that might flag them for each individual transaction under $10,000 USD. Another risk comes from one's own government: A study by Carnegie Mellon University found that online gambling remains illegal in about half of all states in America. Those with laws prohibiting online gambling often lack the resources or political will to combat the issue. In other words, if your government is looking for a way to punish you without much effort on their part, they can always prosecute you for engaging in an activity as simple as placing a bet over the internet. To get more details on Gi8 kindly check out https://www.gi8.info/.

     

    In some countries, even though online poker may be legal, certain groups of people are not allowed to play because of local anti-gambling regulations. For example, it's illegal for someone under 21 years old to engage in any kind of gambling activity under French law whatsoever. In fact, any player who's trying to go online and play at a poker room that doesn't have an age verification system in place could find themselves being kicked out of their account before they even get started playing.
     

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    Another risk comes from the way many of these games are programmed: If you're a programmer looking for a shortcut, one thing you can do is check if someone has won recently by asking the user which cards he or she has been dealt this is how some slot machines work, but it also provides an opportunity for scammers to gain access. Cyber-criminals can gain more information about their behavior by asking about past hands instead of current ones without giving away anything in return.

     

    For example, while a slot machine asking you what hand you have been dealt would only give the software information about your last spin, if it asked you to enter that hand into a drawing or contest, then your odds of winning could be altered substantially towards their favor. This way, the scammers can earn more money from fewer players without anyone noticing. If you are looking for a safe betting site, check out Gi8. Gi8 is an online casino that uses 128-bit encryption SSL that protects your personal information. Gi8 also has a Random Number Generator to ensure fair play at all times.