News & alerts

Punters are being warned to watch out for betting and sports investment scams which falsely promise high odds and big returns on Cup Day.

SCAMwatch is warning punters not to be fooled by scammers peddling sports investment scams this spring racing season.

SCAMwatch is warning you to be very careful if you think you can improve your odds with the aid of sports ‘investment’ opportunities.

SCAMwatch is warning consumers that sports ‘investment’ schemes are just another form of gambling and are often outright scams.

SCAMwatch is warning consumers to stay away from sports arbitrage 'opportunities'.

There is no guaranteed way to make money from betting on the horses— but there are some scammers around who want you to believe that there is.