Scammers create fake sports betting websites that look real, luring victims with high bonuses and guaranteed wins. Users deposit money but can never withdraw winnings.
How This Can Happen to Us?
Fake Odds & Promotions
Fraudulent sites offer unrealistic odds and bonuses, convincing players to deposit money.
Withholding Winnings
Users win large sums but can’t withdraw, with sites citing fake verification processes.
Sudden Website Shutdowns
After collecting enough deposits, these websites disappear overnight.
Example of a Scam
Tom deposited $200 on an online sportsbook that promised a 200% welcome bonus. He won $1,500 but was unable to withdraw. The site later shut down, and his money was gone.
How to Protect Yourself?
✅ Only bet on licensed sportsbooks like Bet365, DraftKings, or FanDuel.
✅ Check online reviews and legitimacy before depositing.
✅ Be skeptical of big bonuses with no conditions.