For people who love to bet on sports and gaming, a fake and unlicensed sportsbook is one of the worst possible situations that they can get into.
These sportsbooks lure people in with offers of great sports picks and then ask for fees from them to transact business with them. People who become victims of such crimes can no longer file a complaint against them under the law since these bogus and unlicensed sportsbooks operate outside the law.
Why do these sportsbooks exist?
There are a lot of reasons why a sportsbook operator would want to create a fake identity. The most common one is to run an illegal gambling operation without getting a government permit. There are some states where it is unlawful to conduct any gambling at all. Thus, an operator can use a fake ID and sportsbook name to avoid arrest.
Why do people do illegal sports betting sites?
A fake and unlicensed sportsbook can help online sports betting enthusiasts gain extra money. This type of internet site operator earns money by allowing bettors to place bets using their fake ID. Their goal is to make as much money as possible without paying any money to play on their site. The operators may only take cash out of an individual’s credit card or PayPal account through the means of bogus refunds, which they may design themselves or get from the advertisers. In most cases, fake IDs do not work any better than an actual Identity Document.
If you are interested in earning extra money through a sportsbook, you must choose the right one. Do not waste your time and efforts on fake sites that don’t even have a license. Also, do not believe stories about how many wins an online sportsbook has. If you think a sportsbook has manyvictories because of a long list of satisfied customers, you are probably being deceived by some crooks who want to take your money.
Always remember that you must choose a genuine and licensed sportsbook if you want to avoid unnecessary losses.
As assistance, the most known live sports betting online Singapore company, 88Probett, created an infographic with all the practical tips for spotting and avoiding fake and unlicensed sportsbook: