MX23RW : Sunday, May 22 03:51:14| >> :600:85741747:85741747:

How to use the best betting sites to avoid football betting scams


How to use the best betting sites to avoid football betting scams.

Stadium Lights
Sports betting has morphed from a fringe activity favoured by serious gamblers into a pastime enjoyed by an ever-larger number of average sports fans over recent years. Without doubt, we have the internet to thank for that. In the late 20th century, placing a bet usually meant entering that most mysterious establishment, the betting shop, and queueing up, cash and betting slip in hand. The frosted windows and eccentric characters were generally enough to put many off, as well as the mysteries of exactly what went on inside.

A safe bet online
Today, it's the work of a few seconds to install a bookmaker app on your phone and set up an account. From there, the process is straightforward and intuitive. Sadly, as more money has changed hands and a new, less experienced breed of punter has appeared on the scene, so the scammers have seen new opportunity in the sports betting market. The experts at scams.info recently ran a study on the subject and say that the single most important thing you can do to avoid being scammed is to use a recognised and reputable sports betting site. They cited examples of the best betting sites in the UK such as Unibet, BetWay and Betvictor, all of which are household names.

Still, the scammers can sometimes look highly convincing, and if you let your guard down it is easy to be drawn in. Here, we take a look at two betting scams that have cropped up time and again over recent months.

Match fixing scams
From football to cricket to snooker, match fixing has received huge levels of media attention over recent years. That's as it should be, as it brings the whole concept of professional sport into disrepute. The trouble is that the screaming headlines can give the impression that match fixing is commonplace, when in fact, instances are incredibly rare thanks to strong internal controls by the governing bodies.

If you are approached by someone claiming to have inside information on fixed results, they are almost certainly lining you up for a long con. Typically, they start with a free bet to show they are for real. When it proves correct, they offer you a go again, but this time, you pay a fee. When that proves correct, you will have absolute confidence in them, and by the fourth iteration, you'll be prepared to stump up however much they ask for.

So how do they get it right the first three times? The answer is simple, it's all sleight of hand. Suppose 80 people are onboard initially. They will tell 40 that one team is certain to win, and 40 the other team. The same applies with the second and third rounds, it's just that the number of marks is halving each time. By the fourth iteration, they have five people eating out of their hands.

Ponzi schemes
This is a scam that is as old as the hills. In fact, a Ponzi scheme was an important plot point in the Dickens classic Martin Chuzzlewit. Essentially, it is a betting syndicate that offers guaranteed returns on your investment. It works by using the money that new investors put in to pay older investors. The bigger it gets, the more money there is, but the trouble with these schemes is that they reach a point at which they can't get any bigger, and then collapse under their own weight.

By the time that happens, the organisers have destroyed the fake financial accounts they used to tempt new investors, emptied the bank accounts and disappeared. A recent scheme of this type cost 5,000 investors an estimated £70 million and ruined lives.

Sports betting is a fun way to get more immersed in the game. Just remember to keep it simple, use a recognised bookmaker site and steer well clear of anything that claims to offer a "guaranteed return."

ID:369640: cacheID:369640:1false2false3false:!x!:: from db desktop :LenBod:restore:4937:
Restore Data
Share this article now:
rhs 2.0
Todays Game Header Right
Premier League
La Liga
Serie A
Eredivisie
Taca de Portugal
Turkish Super Lig
Belgian Pro League
Swiss Super League
Norwegian Eliteserien
Swedish Allsvenskan
Danish Superliga
Finnish Veikkausliiga
Belarusian Premier League
Serie B
Major League Soccer
Brasileiro
Argentine Primera Division
Uruguayan Primera Division
Liga MX
Australian A-League
J1 League
Tables
TeamPWDLFAGDPTS
1Manchester CityMan City37286396247290
2Liverpool37278291256689
3Chelsea372011674324271
4Tottenham HotspurSpurs372151164402468
5Arsenal37213135647966
6Manchester UnitedMan Utd371610115756158
7West Ham UnitedWest Ham371681359481156
8Wolverhampton WanderersWolves37156163740-351
9Leicester CityLeicester371310145858049
10Brighton & Hove AlbionBrighton371115113943-448
11Brentford37137174754-746
12Newcastle UnitedNewcastle371210154261-1946
13Crystal Palace371015124946345
14Aston Villa37136185051-145
15Southampton37913154263-2140
16Everton37116204261-1939
17Burnley37714163351-1835
18Leeds UnitedLeeds37811184078-3835
RWatford3765263375-4223
RNorwich CityNorwich3757252379-5622

Subscribe to our Newsletter


Match previews - Daily
Transfer Talk Daily
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!