My friend recently get scammed by a gambling site which he found by continuously browsing. On internet. Sorry but even he cant remember the name so i cant tell you but here's what you wouldnt do. He said he was searching about how cryptocurrency gambling work. He is much aware about bitcoin but not about using it for gambling. He find some "yellow botton" he said which offers gambling for newbies and the rest is history. Goodbye $200 . yes thats kinda bit small but should you wait that it happened to you with a bigger amount? Here's what you would do.
1. Dont click and browse non recognized site to avoid phishing.
2.. Always ask first the people on this forum whether the site is legit or not.
3. Dont put too much money on that site so if ever its really a scam, the amount it can get is minimal.
4. If it looks really legit, try some few games with few bets at first.
Being cautious costs less than not being aware at all. Dont let our greediness and dumbness takes over our financial life. Be safe people.
This is one of the reasons I don't jump on random sites and I don't like gambling with sites that doesn't have any reputation online. If you search on Google for the top ten crypto gambling sites you will see a lot of them like Fortune Jack, 7 Bit Casino, Cloud Bet and Sportsbet.io and the rest of them that has been around for quite a long and has got a very good reputation for themselves.
When I was a newbie, everything I want to go for I always make a research on the top ten in the market. Even as a trader I always go for the top ten exchanges, so the same strategy goes for the gambling sites as well. No one should make the mistake of putting their money in an unknown cause they will end up being scammed.