***** OSGA Bad Bet Alert*****
Avoid:
Credit Wagering- creditwagering.com
Reason for today's alert:
They appear to be a fly-by-night scam operation.
Blacklist Notes:
We had received an inquiry on a brand new website where they give you $1000
in credit to play with. So, we checked out creditwagering.com. You only have
to send them money if you lose $400 or more. They will only send you money
if you win in excess of the same amount. The max wager is $100. They will
give you a 100% bonus if you post up funds.
Specific Notes:
This website was created in December 2007 and their registration expires in
December 2008. The creditwagering.com website has no phone numbers to
contact and though they claim they are in Costa Rica, there is no valid
information filed within their Internet registration.
The website registration or sign-up page asks for the last four numbers of
your Social Security number, your birthdate and a common security question,
in addition to the usual name and address info. You can enter anything into
these fields and it will get you started. We entered completely bogus
information and were given an account. Why would you have to enter the last
four of your SS# if it is not going to be verified? It is because this is an
obvious scam operation. This is a classic attempt at identity theft. They
are dangling the credit carrot to phish player information.....there is no
other explanation for this.
In today's offshore gambling climate, the business model of Credit Wagering
is simply not viable. Why would a loser ever pay.......
Recommendation:
AVOID CREDIT WAGERING