Deposit money on unregulated websites

Until not long ago, both to make bets and to invest, there was no choice but to approach the physical office of a business that offered such a service. But today, although this offer still exists, it is certainly not enough, since thanks to new technologies it is possible to do it comfortably from home, with the great advantage that you can operate quickly and, at any time, without depending on office hours, queues, etc.

This possibility has brought betting and investments closer to the general public, but unfortunately it has also attracted many scammers who want to take advantage of the ignorance of those who are not professionals.

Estafa.info it arises to help you select reliable companies, in which there are no risks of losing your money due to fraudulent activities. Below, we explain the risks you run by investing or betting on websites of unregulated companies:

Gambling in unregulated casinos and bookmakers

Until not so long ago, in New Zealand you could bet at any bookmaker. The most veterans will remember that the New Zealanders had access to popular houses in other countries such as Pinnacle or Miapuesta. However, a few years ago the government, concerned about the proliferation of scams and scams, decided to regulate this market. Many houses were adapted to the New Zealand legislation. Others, like the ones we mentioned before, preferred to discard the New Zealand market.

Does this mean that every unregulated house is a scam?

Of course not. There are many houses that are well known to dollar players and which in principle there is no reason to doubt. However, the fact that they are reliable, does not mean that they are recommended.

In New Zealand, if you don't have a license, you can't offer betting of any kind. Bookmakers and casinos know this and, since they do not want to do anything illegal, those that do not have a license usually have IP filters so as not to offer their services to residents in the country. So if you try to enter their pages, you will see a message saying that you cannot play with them, due to your nationality or residence status.

Scammers, of course, do not bother to make IP filters, since any unwary person serves them, regardless of their nationality. Therefore, if you come across a house without a license that allows you to enter its page, you can start to get suspicious. It is not a reason, to say that it is a scam, but to remain cautious.

We only recommend licensed casinos and bookmakers. So if you are looking for the best online casinos or safe sports betting sites be sure to see our specific pages about it and read the reviews of each particular case.

What is involved in betting in an unregulated casino or bookmaker

Mainly, it involves doing something that is not allowed by law. So from the beginning we recommend that you do not do it.

In addition, the houses and casinos licensed by the Ministry of Finance and Public Administrations are obliged to offer the maximum security guarantees, while in the others, it will depend on the legislation of the country in which they are based.

In the case of casinos, New Zealand law requires them to prove that their software generates the result numbers of the games randomly. To do this, they must pass technical inspections and follow the requirements stipulated by the legislator.

Another important aspect that they should take care of (in this case it also applies to bookmakers) is transparency in promotions. The conditions of promotions should always be accessible from the pages on which they advertise their promotions, which avoids many misunderstandings and frustrations. In fact we encourage you to read the last section of this same page, where we explain how welcome bonuses are one of the main sources of user problems with bookmakers, casinos and also binary options broker.

Finally, but not least, you should know that if you have any problem on an unregulated gambling website, you can only rely on the good intention of the company to solve it. However, if you use regulated websites, you will be able to make complaints to the General Directorate of Gambling Regulation, which at least ensures you total independence and the absence of a conflict of interest when deciding.

Investing in unregulated online brokers

As we said at the beginning, in the shadow of the popularity of online investments, many fraudulent entities have appeared that take advantage especially of private investors. To prevent them from taking advantage of people like you, in Estafa.info we have made a selection of safe online brokers we hope it will be of help to you when choosing. But we also want to clarify what is involved in investing through an unregulated online broker, since information is always the basis of every good decision.

What is involved in investing through an unregulated broker

The first thing you should keep in mind is that the fact that a broker is not regulated does not mean that it is a scam, although it is undoubtedly suspicious. Keep in mind that in the case of companies with a long investment history, the fact of not being regulated may be due to not meeting requirements that are not so important from the investor's point of view. An investment company must offer reliability to its clients and if it scams them, sooner or later it will end up knowing. Therefore, not even from the point of view of organizations is it a good idea to scam customers. If an exemplary behavior is maintained, the benefits may be punctually lower in a specific operation, but in the long term they will be much higher if you have the confidence of the market. Not to mention, of course, the legal consequences that frauds can have.

However, the truth is that trusting an unregulated broker is nothing more than an act of faith. In other words, you trust that the broker knows that if he behaves well, he will get more clients than if he doesn't and that for that reason and for his own honesty he will offer you fair conditions. Unfortunately, this does not always happen. Some websites, claiming to be brokers, which we could call unregulated brokers, simply disappear with the money of their unwary investors. The most common thing is that the page hides in certain conditions of which it has not always been properly informed not to make payments, but sometimes it simply does not show any reason, becoming little different from a vulgar theft.

When you have problems with an unregulated broker, the only protection you have is the law of the country in which the broker is registered. That's assuming it's actually registered. Something that fraudsters take into account to choose countries with lax or non-existent regulations that barely offer guarantees to consumers. For all this, from Estafa.info we do not recommend opting for the services of an unregulated broker, as there are safe brokers to invest in binary options or CFDs .

Safe alternatives to invest

There is a huge offer of brokers on the market insurance to invest in forex , binary options and CFDs. binary options and CFDs. To identify them you must look at the place where they are registered and especially the licenses they have to operate. Brokers that offer their services in New Zealand, are usually registered in the CySEC , which implies the guarantee that the broker must comply with the Cypriot regulations and therefore the dollarpea, since brokers authorized in Cyprus, can offer their services in the rest of the EU member countries. In addition, in many cases, companies also register with the New Zealand financial authority, to inform it that they are going to offer their services in New Zealand. The implications of this are explained in our page about the CNMV .

If you want brokers that are registered with the CySEC, but have also taken the consideration of also registering with the CNMV, we recommend the services of anyoption or 24option , two scam-free brokers, who have a good investment offer.

Welcome bonuses as a hook for scams

A very important proportion of the scam accusations made by consumers towards brokers is due to the fact that after having invested some time, the consumer cannot withdraw the money from his account because the broker considers it to be bonus money. In this case, it may be due to two realities that are not mutually exclusive: 1) That the bonus conditions are abusive and 2) that the user has not understood the bonus conditions.

When we do our reviews, we try to offer the bonus conditions, but keep in mind that each bonus can be governed by its specific conditions, so you should always read them. Usually, the problems come from the fact that before withdrawing the money, brokers demand a minimum trading volume. If the consumer accepts these conditions consciously and having understood them, there is no room for an accusation of fraud. However, brokers do not always care about clearly establishing their rules and sometimes not even showing them to consumers.

Explained in a simple way, the situation is usually as follows: A user enters an amount, say $ 500, and the broker assigns him a welcome bonus of another amount, for example another $500. At the moment the user has 1000 $ to invest. If at any given time you lose some money and keep a balance of $900, the broker will consider that the lost $100 is always the user's and not the bonus. That is, the own money is lost sooner than that of the bonus.

So that there is no problem, the ideal is that the consumer must give their express consent to receive the welcome bonuses, or if not, that they have the option of rejecting them. Keep in mind that if you have accepted some conditions, a posteriori you cannot claim not to comply with them, unless by law they are abusive and the contract has no validity.