How to shield yourself from payment strategies in iGaming

Whether you’re topping up your casino account with a bank transfer, cryptocurrencies, or one of those colorful and original e-wallets, there’s one thing that deserves to never compromise: your security.

Online invoices are a complicated issue and, according to Statista, in 2021, e-commerce losses due to online payment fraud were estimated at $20 billion. Remember, only e-commerce mentions Statista. The total number is probably much higher.

So what can you do when you play at a casino to stay on the right side of the street?We asked Gilfred Helmonsen (read his bio here), a video game enthusiast and editor of one of Scandinavia’s largest game review sites. .

“Gambling is fun, but it can also be harmful if you sign up with operators that don’t have the right license,” says Helmonsen, “By joining an unregulated casino site, you’re necessarily shaking their hand to manage your cash. “the way they love, even if it means spending it to run their business. On regulated sites, deposited cash will need to be kept in a separate account!

Our specialist explains that nowadays, payment strategies emerge like mushrooms after rain, leaving players and inspired through the wrong things. One of the most productive steps one can take to stay safe is to rely on legal and reputable payment providers. These corporations have at all times a seal of approval provided by local governments or regulatory bodies in other countries.

“If the UK authorities approve a payment method, it’s fair to say it can be used anywhere you live. In any case, if it is approved through the national bank of your country or some other monetary authority in your region, you will be even r,” says the specialist.

If you’re not sure if a casino is smart and reliable, make the smallest payout you can imagine to get your cash value. It’s simple to deposit more, but it can’t be too confusing to withdraw cash that you haven’t used to play.

“People act like they have no idea what cash is or how the web works,” Helmonsen reveals. And don’t even let me start with other people bragging about the cash they won or deposited. They manage your payment details on a silver platter for everyone to use!”

If possible, make deposits and other bills only from the comfort of your own home. Also, keep your mouth shut about how much you win or lose, and where you play. Politics is the secret.

“I never thought I would have to say this, but here we are,” Helmonsen jokes, continuing, “Be aware of your limitations and knowledge. If you’re not sure what cryptocurrencies are and how they work, don’t force their use. If you have no idea what a smart casino looks like, read the reviews of those who know.

Now, more than ever, it’s easy to find casino review sites full of content and helpful guides, not only about casinos, but also about gaming and other payment strategies. They use the same sets of criteria for all strategies and casinos, so it’s pretty simple to compare them.

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