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Safe Gambling Possible in South Korea Despite Government Ban and Absence of Oversight

Gambling in South Korea is not straightforward because betting activities are legal only on lotteries or on races involving horses, boats and cyclists. Online Gambling is not allowed, although betting at online casinos and virtual sportsbooks is a lot safer for locals punters. Mainly because nowadays, most providers of real money betting platforms use Virtual Private Networks (VPN). Yet the lack of government oversight for both online and offline casinos makes it even more important for local gamblers to play at sites that passed eat and run verification systems.

VPN is a protected type of network communication that encrypts all Internet communication sent via public network, primarily to avoid detection. At the same time, VPN also shields both operators and customers from the prying eyes of local authorities in-charge of monitoring all online activities. South Korean authorities have become more vigilant in tracing and tracking down online gambling activities, ever since intelligence reports revealed that several online casinos preying on SoKor gamblers are based in North Korea.

Still when it comes to online gambling, most local gamblers stay on the safe side by relying a so-called eat and run verification process that is specifically focused on checking the legitimacy of an online casino or virtual sportsbook.

To make it easier for SoKor gambling enthusiasts, there’s an Eat Bang website that acts as curator of online gambling service providers who have passed eat bang verification systems. Although Eat Bang promote online casinos and virtual sportsbooks as its main line of business, the people behind the site make it a point to recommend only those that have been eat-and-run verified as safe and authentic online gambling platforms.

What Exactly is an Eat and Run Verification Service

In South Korea, it is common for businesses to use eat and run verification services to avoid transactions perpetuated by scammers, not only in the Internet space but also in the real world. Some others use this verification method before hiring workers to authenticate an applicant’s credentials. While the most common examples of customers to avoid are those who eat in restaurants who use fake or stolen credit/debit cards, similar incidents also happen in many South Korean beauty salons and boutiques, especially during peak days. The need for eat and run verifiers in the country has heightened in light of the economic difficulties caused by the COVID-19 pandemic.

What Do Eat and Run Verifiers Do?

Eat and run verifiers are usually tech savvy professionals who know how to use ID verification tools and hoe to analyze financial, social and publicly available data pertaining to an online site; or a person looking to avail the services or purchase products from an offline or online business entity. Other eat and run verifiers specialize in analyzing methods used by swindlers and scammers not only as to develop counter measures for their clients, but also to anticipate eat and run behaviors even before untoward incidents happen.

The post Safe Gambling Possible in South Korea Despite Government Ban and Absence of Oversight first appeared on The Nascar Insiders.


This post first appeared on The NASCAR Insiders, please read the originial post: here

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