Affiliates Flock to ‘Soulless’ Scam Gambling Machine
1 min read
Summary
Hundreds of online gambling sites that con individuals out of cryptocurrency deposits have popped up in recent weeks, reportedly thanks to a Russian affiliate programme called Gambler Panel.
The sites lure in users with the promise of free credits, which can then be used to play games that ask users to wager on each action.
But when users try to withdraw any claimed winnings, the sites reject the request and ask for a verification deposit of cryptocurrency to be made before any money can be distributed.
This starts a cycle of further wagering and more deposits, with users being ultimately conned out of all their invested funds.
Gambler Panel provides the content and detailed strategies for fleecing players, and offers affiliates the chance to earn up to 70% of the profit.
The programme has more than 20,000 affiliates, who earn a minimum of $10 for each verification deposit.