No industry is immune from online scams. Online gambling scams, in particular, are prevalent. But although online gambling scams appear to be everywhere, we can protect ourselves. Keep reading for ways to stay safe and avoid scams when you gamble online.

Tips on How to Stay Safe and Avoid Scams When Gambling Online

The only thing you must do to avoid scams when gambling online

You must only do one thing to avoid scams when gambling online. So what’s the one thing sports bettors and online gaming players must do to prevent scams? Check it out!

The only thing you must do is sign up with a bitcoin or other crypto only online sportsbook and online casino

The best way to stay safe and avoid scams is to open an online gambling account with a bitcoin only, or other crypto only, online sportsbook or online casino.

Sounds simple, but it’s correct. That’s all you must do to ensure you can stay safe and avoid online scams. Check out why it’s true.

1. Bitcoin only or crypto only sportsbooks require an email address and that’s it

Most online sportsbooks ask for very detailed information. They require your phone number, your physical address, email address, and in some cases, your social security number.

Although there are plenty of legit online sportsbooks out there, you’re more exposed the more information you provide.

Bitcoin only online gambling organizations like Nitrobetting require an email address and that’s it. All you need is an email address to open a Nitrobetting account.

You mustn’t hand over every piece of personal information. That alone makes it safer to play with a bitcoin only or other crypto only online gambling company.

2. Some online gambling orgs sell your information

The best way to avoid scammers is to prevent your information from falling into scammers’ hands. How do you do that?

You do that by not giving up your information. Again, there are plenty of solid, legit, honest online sportsbook companies.

Some, though, make money by selling your information. Selling someone else’s information is a horrible practice.

There’s no way for us to know which companies are selling our information and which don’t. So stop scammers from ever getting your info by not opening an online betting account with any organization that asks for more than just an email address.

3. You must also give up credit card information to traditional online gambling companies

Not only must you give up your personal information, but in many cases, you must also hand over credit card info to traditional online gambling companies so that you can fund your sports betting account.

Exposing actual credit card information can lead to fraud or other issues. It’s important to keep such information with you.

The actual online gambling company could be legit, but what about the employees at the gambling company?

Bottom line: Staying safe and avoiding scams online means providing the least amount of personal information as possible

Once we hand over personal information to an online gambling organization, the information is out there. There are no guarantees that even if the gambling company is on the up and up, your personal info doesn’t fall into a scammer’s hands.

The best course of action is to only play with online gambling companies like Nitrobetting that require limited personal info to get started. Then when you fund your account, you do it anonymously, meaning the digital code attached to each deposit represents a monetary amount but nobody can tell, outside of you and your sportsbook, what the transaction is for.

Where to Bet with Bitcoin

Sports betting odds are available here at Nitrobetting. Create a Nitrobetting account now to place your stakes on any of the top games every week.

This is just one of the many sports betting guides that you can read here at Nitrobetting news. Stay tuned for more previews, guides and articles.

READ MORE: How to Manage Your Bankroll When Betting With Bitcoin