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Online casinos are mushrooming in every corner of the internet and chances are that every frequent internet user has been bombarded with the advertisements for them. Online casinos work in a very different way as compared to the brick and mortar ones. This is why one needs to be protected against the various scams being perpetrated in the name of casinos. People get so hooked to online casinos that they even take instant cash loans in order to play the game after they have lost a substantial amount of money, hoping to regain a part of their lost cash.

One common way in which online casinos make money is by rigging the odds. Thus if an individual plays the European roulette in an offline casino, he can be sure that the odds of the ball landing in a black (or red) slot are 18/39, which is obtained by 18 slots of the color divided by the total number of slots. However, the situation in an online casino is quite different because the owner can set his own probabilities and there is usually no way to find out the real chances, which means the owner can easily swindle people out of their money. This will cause players to lose more money than they would on a similar game at a casino. This works not only with roulette but with all single player games. One of the common scams that was doing the rounds a few years back was the so called “head and tail” game. It was a simple coin toss and if the person won, he would get twice the amount of money he bet and if he lost, he lost all the money. People thought it was a zero sum game, but on closer inspection, it was found that the probability that the player loses was up to 70% and in some cases even up to 90%. These types of scams should always be avoided.

There are similarly a number of blackjack and poker scams doing the rounds on the internet. One needs to be absolutely certain before trusting an online casino. The worst type of scam is the one where the casino steals the players’ credit card and other bank details. It is therefore important for individuals to first do some background checks like reading reviews of the casino online and seeing how long the casino has been around and whether the customers are usually satisfied. If it is very new, chances are that it might just be a scam. Also, as a rule, in multiplayer games like poker, never accept any side bets from people. This is a popular type of scam that many beginners fall for. Also, one should always remember never to “lend” money to any players – whether the newly joined members or even the old and well established names. Players often find that in online casinos, other players ask them for some money now, say $10, and promising to pay $20 tomorrow. This is an outright scam, even if the person happens to pay the players a few times. If someone asks to lend money, simply tell them to take out an instant cash loan as it is safer for you and all other players involved .

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