Winning the Battle Against Online Gambling Fraud


Affnook

Uploaded on Apr 21, 2025

Category Business

Discover key strategies, technologies, and regulations helping to combat online gambling fraud. Learn how operators, regulators, and players can work together to create a safer digital betting environment.

Category Business

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Winning the Battle Against Online Gambling Fraud

Winning the Battle Against Online Gambling Fraud Are you still using traditional platforms and struggling to stop fraud? www.affnook.com iGaming fraud has increased by 64% between 2022 and 2024  Unethical or unlawful practices aimed at exploiting online gambling platforms to exploit money is known as ‘Online Gambling Frauds.’  Types of Online Gambling Frauds Multi-accounting Traffic-related frauds Affiliate Fraud Bot Traffic Data Centre Bonus Abuse Traffic Affiliates generate Automated scripts Exploiting bonuses traffic impressions or bots simulate Involves using data using fake accounts. through links by false legitimate player centers to misguide means activity the origin of fraudulent activities. Unknown Devices Devices running on obsolete operating systems or unfamiliar device types. Top Fraud Red Flags Fraudsters leave clues! Knowing these hints can help you stop the fraud early. However, it takes a lot of manual work to search and fix these issues. Let’s understand the most common ones. Frauds Meaning Unusual Account Activity Sudden increase in bet, multiple changes in personal info Invalid Personal Details Fake names and addresses Unusual Login Patterns Login from multiple locations in a short period of time at odd hours. Multiple Accounts Same IPs, similar names Frequent Recovery Requests Password resets, security question failures Suspicious Affiliate Activity Generating fake traffic, false leads  Effect Of Fraud on an Online Gambling Site Wasting Time Payment Problems Compliance Issues Losing Money Customer Dissatisfaction Failing to address fraud can have severe consequences for online gambling operators Losing Money: Chargebacks and wasted bonuses drain the profits. In 2023, 74% of US merchants reported a surge in chargebacks Payment Problems: High fraud can get you banned by payment companies Wasting Time: Fighting fraud takes up time and effort Compliance Issues: Missing fraud can lead to fines and legal trouble Customer Dissatisfaction: Annoyed players will go to other sites. An IBM Report discloses that 49% of users will stop engaging with a business after an incident of fraud. Proactive Fraud Prevention: How to Fight Back? Online Gambling fraud is complex to monitor and demands advanced tech. Manual analysis alone is insufficient. This is where Affnook comes into play. It is an iGaming affiliate platform which offers a built-in fraud detection tool to block suspicious traffic without manual analysis. Affnook's Key Features for Fraud Prevention: Real-Time Detection: Immediate alerts and actions against potential fraud (within minutes). Block Suspicious Traffic Data Center Traffic: Reject traffic from AWS, GCP, etc Unknown Devices: Permits traffic only from trusted devices Proxy Traffic: Blocks VPN usage to hide fraud. Advanced Analytics: Identify anomalies and suspicious activity with intuitive reporting. Comprehensive Reporting: Affnook provides complete data reports on fraud attempts to strengthen prevention. Customizable Settings: Tailor fraud detection to your specific needs. Book a guided tour of the platform Connect with a representative