Betting is not just a leisure activity but a passion for a lot of people. A quick way to earn lots of money if you have happened to have the right knowledge and experience in the category you are betting in. For people living in South Korea, it is somewhat tricky to get hold of the proper reliable betting site as there is an abundance of illegal betting companies who claim to offer higher returns and added benefits.
Even though, online betting is not illegal in South Korea there are strict regulations that supervise the running of the existing betting sites, popularly known as ‘toto’ sites. To run an online betting site, the company must be provisioned and sanctioned by the government of South Korea. As mentioned earlier, there are a lot of illegal and fake sites which claim to be true and often collect huge amounts of money by luring betters in and ultimately vanish in thin air when the time of payment comes.
Betting sites verification
To protect betters and prevent such illegal and corrupt scams, Verification sites have been becoming more and more popular into the betting community. The establishment of such a site does not require much capital or any operating expenses for that matter, hence it is easy to build up toto site. Many 먹튀 sites use a dozens of these sites and display their verification results as certification of verification and authenticity.
What if the verification is not true?
A common problem with verification sites is the verification of the authenticity of complaints itself. In simple words, it often happens that betting companies spread false rumours about their rivals and report them with fake information to these toto sites. A large number of these complaints cause the credibility of the rival company to go down. Hence, they lose their rating due the false accusations.