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![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/featured/Horse.jpg?itok=l-BCo-2F)
Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.
![alt=""](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/online-shopping.png?itok=3HLCmMuX)
This Stay Smart Online Week, the ACCC is warning the community to watch out for common online scams they might encounter.