Fans may be betting big on the upcoming Super Bowl game, but there is a warning from the Better Business Bureau about sports betting scams.
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You could bet on the wrong website or app, and as soon as you try to cash out on your winnings, you can't withdraw a cent.
Scammers are making fake sites, which steal your money. And, any personal information you shared could then be in the hands of a con-artist.
Here's how to protect yourself:
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- Look for an established, approved service. Look for sporting websites that your area's gaming commission has approved. Research companies on the BBB website.
- Ignore gambling-related pop-up ads, email spam or text messages.
- Even when you're on a legitimate sports betting sites, make sure you read the fine print and rules before you hand over your money, so you know the process for collecting your winnings.