Most of the casino scams people fall for are through social media engagements. In gambling losing is sure but winning is never a guarantee. Winning is under probability but losing is almost like a certainty. The amount of risk that is worth taking depends on individuals but on average I will say a risk that doesn't exceed the initial budget.
Unfortunately, people with little knowledge always fall for scams on social Networks. It's very common, In fact, this forum, as well as others, are like a shoulder to cry on. In the end , the people who come and put their love into this become or become experts and players who are very careful They even become fighters against these scams. However, social networks themselves must be used correctly and taken advantage of.
it's so common, that it isn't just casino-based, while honeypots and legal holes in the system exist where Casinos can advertise how people have won so big, that isn't the case for the 99%, it's all a ploy to get more liquidity at hand, every dollar counts to them.
there are even "false advertising" that people fall for, especially when it comes to centralized exchanges,
"bybit" for instance made Ads about how you can just register and earn 5050$, when in reality, getting that 5050$ "Bonus" comes with thousands of terms and conditions, and the fact that you need to stake large amounts of money into this and that coin they have listed, trade on their exchange roughly for 25K+ to get that 5050$, who wins in the end? whether you have money to trade or not, it's always the centralized exchange since they're hoarding your information and selling it to 3rd parties. millions of people registered, on average it's 0.15 cents per person, let's say 10 cents for the sake of the argument, times a million souls, that's a 100,000$ right there.