Scam 18- Betting Scam| Trending| Do's and Don'ts| Prevention from Online Scams\Frauds

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Betting scams are a type of fraud where scammers use false promises to trick individuals into giving them money with the promise of winning large sums of money through betting or gambling. These scams often involve offers of insider information, rigged games, or guarantees of winning.

Here are some do's and don'ts to avoid falling victim to betting scams:

DO:

• Verify the legitimacy of the betting company or website before making any transactions.

• Research the odds and risks associated with any betting or gambling activities.

• Keep track of your transactions and betting history.

• Set a limit on your betting or gambling activities.

• Report any suspicious activity or scams to the relevant authorities.

DON'T:

• Give money or personal information to anyone promising insider information or guaranteed winnings.

• Believe offers that sound too good to be true.

• Bet more than you can afford to lose.

• Ignore any suspicious activity or transactions on your account.

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