Online Poker Scams – Don’t Fall For Phony Online Poker Games

Online poker is probably the most popular game of all poker games played over the Internet today. In fact, there are an estimated three to five million people playing online poker right now. Partly responsible for this rise in online poker players are the millions of new online poker sites that have popped up over the past couple of years. Also part of this increase in online poker lovers is the dramatic increase in poker bonuses offered by online poker rooms.

There are many ways that an online poker player can wager or even win money. Basically, any player of online poker can win money through the use of bets and winning handily. This is made possible because players in online gambling games are using either real money, credit cards, or even e-wallet like a PayPal account to transfer funds from their accounts to the poker room where they are participating in the game. Online poker is very different than land based casinos because the main purpose of a land based casino is to hold gambling events for its patrons. Although it is a fact that the casino has something to gain by having people pay in advance and gamble, the act of gambling itself is still considered a legal and socially acceptable practice.

However, there are laws that protect us from those who wish to take advantage of other people. The Unlawful Internet Gambling Enforcement Act of 2021 has put online poker players like ourselves at risk of prosecution if we were found to be involved in any aspect of online gambling activities. This includes using wire transfers, any kind of online transactions that involve more than $10,000, or any money laundering or fraud. One might argue that by making use of Wire transfers, we would only be putting our hard earned money at risk in case of fraudulent activities. However, one thing we must remember is that the government does not want people to get rich, they just want people to stay away from things that could lead to financial or personal ruin. It would be nice to live in a world where no one has to worry about the ever-present danger of being ripped off, but since this is not the case, it is our responsibility to play smart and be cautious about what we do so that we can be assured that we are never the victim of an online poker scam.