Bonus abuse is said to have increased by 71% according to a study

According to a study by Ravelin conducted with fraud and payment professionals, there is a 71% increase in bonus abuse. This rate corresponds to the percentage of online gaming operators who reported excesses in 2021.

🚫 2 types of existing frauds

The Ravelin company is a specialist in the fraud detection and payment acceptance . A ravelin is a fortification with a triangular shape that you can recognize in its logo.

For his investigation, Ravelin interviewed more than 1,700 specialists in payment and fraud on online casinos. It revealed that 61% of all traders combined had observed a rise in fraud during the last 12 months. The companies explained the negative impact that this has on their revenues.

As a reminder, bonuses and promotional offers are a policy widely used in the sector in order to to attract new players and to keep the players already registered. In these offers, there are the welcome bonuses, the no deposit bonus , VIP programs and any other possible bonuses. They bonus and casino conditions stipulate that bonuses can be received once per person and per IP address. Unfortunately for the operators, some players manage to finding loopholes and manage to create several accounts with different IP addresses, which leads to big money losses for online casinos.

The other form of fraud that has become widespread is at the level of online payments. With the number of transactions and the high traffic of casinos, some operators find it difficult to crack down on all fraudulent activities.

Ravelin CEO Martin Sweeney expressed : "Gambling websites often have a high transaction volume , players regularly making numerous payments, which can make it difficult to detect fraudulent card tests or even detect individual fraudulent purchases. Strengthen your fraud detection with a platform external machine learning is crucial to respond to the increasing complexity and variety of tactics used by fraudsters. »

To stop this trend, 90% of these companies have planned a increase in the budget and 85% plan to employ more number of employees for the teams fraud prevention.

🎁 The most interesting bonuses

The first bonus that players will be entitled to when they register at a casino is the welcome bonus. It is also the most interesting bonus that players will be able to find on the gaming site. Here are our top5 of the best bonuses :

LeoVegas Casino : $1,000 + 225 free spins

888 Casino : $1,500 + $88 free

Fresh Casino : $6,000 + 201 free spins

Lucky8 : $1,000 + 200 free spins

Firevegas Casino : $2,000 + 150 free spins

These bonuses allow players to discover the casino with additional funds and to be able to play longer.