Saturday is without a doubt the nation's most popular horse race. The thrill and the excitement as 40 jockeys attempt to navigate the tough Aintree course and lift one of racing's biggest prizes. The Grand National sees millions of pounds wagered on the race and thousands of novice bettors have a flutter on an amusingly named horse.
However, here at HooYu, we are warning punters about an increasingly more common online scam as more people move away from gambling in high street shops and now go online to place their bets.
An increasing number of fake gambling sites are springing up which are designed to imitate those of well-known bookmakers. If you end up on one of these fake sites not only will you not win if your horse does, you will be handing over your credit card details to fraudsters and you could end up losing thousands.
One of the main reasons this scam is so effective is that online betting sites aren't used by the majority of the population until a race like the Grand National takes place. So when people look for the best odds for the race or a familiar betting site they can be unsuspectingly sent to a fake site and have their details stolen.
By following the tips below you can make sure that the Grand National is the only thing you are gambling on and the website you are using is legitimate:
• Be wary of unsolicited emails that send you to betting sites. Always go through a trusted source.
• Check the website for obvious spelling mistakes and poor translations, this is a big hint something isn’t legitimate.
• Check the website address bar and make sure it says “secure” and look for the padlock symbol in the lower toolbar, towards the bottom of the screen when entering any personal details.
• Check the website by Googling it and making sure it comes up first.
• Depending how much you are spending remember paying with a credit card rather than debit card gives you more buyer protection on purchases between £100 and £30,000
Remember if you are in any doubt about a website don’t use it and stay safe. If you are looking for a tip in this weekend’s race, here at HooYu we are backing the aptly named “GoodToKnow”.
HooYu is a global identity confirmation service used by both consumers and businesses to build trust and confidence in today’s digital age. Watch our 90-second video to find out more.