--- title: How Oshi Casino is stopping fraudsters while maintaining anonymity date: 2017-10-06T15:58:00+01:00 author: Alara Basul canonical_url: "https://www.ravelin.com/podcast/how-oshi-casino-is-stopping-fraudsters-while-maintaining-anonymity" section: Podcast --- Podcast / Promo abuse Episode 12 06 October 2017 # How Oshi Casino is stopping fraudsters while maintaining anonymity We sit down with founder of Oshi Casino, Nick Garner, to learn more about what casinos can do to prevent fraud, while incentivising new customers to sign up using bonuses. ![How Oshi Casino is stopping fraudsters while maintaining anonymity](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_750xAUTO_fit_center-center_none_ns/1653/IMG_0113.webp)Oshi Casino is a bitcoin casino that has been running for just over two years. Nick founded the casino after a successful career managing SEO for Betfair and starting his own digital marketing agency, 90 Digital. In gambling, bonus exploitation is a real and current danger. Bonuses attract new clientele to a gambling website or platform, and are a very common way to attract new players. CasinoManual.co.uk explains, “bonuses are a great way to get you to deposit at the particular casino and you can play your favourite casino games using more than just your bankroll.” Since the online gambling industry is incredibly competitive, bonuses are an important conversion tool but they can also be easily exploited. Bonuses can be exploited by opportunistic fraudsters creating multiple accounts rapidly to capitalise on the free money essentially. Nick tells the example of a Russian affiliate casino who was giving away free spins on a roulette wheel as a form of a bonus. 20,000 free spins later, and they realised this was a death sentence for their margins. Margins in online gambling are already small so any exploitation takes a big toll on the casino. Strong customer authentication can be a method for preventing bonus and account abuse, but there are varying levels of regulated Know Your Customer (KYC) jurisdiction depending on the region or country the casino is operating in. Since Oshi operate as a bitcoin casino, they don’t have to KYC their customer, which means they use algorithms and have a fraud detection team to look for account creation abuse and other fraudulent behaviours. Oshi does this so that they can maintain anonymity for their customers and offer bonuses, without getting taken for a ride. Nick concludes by saying that the only way to protect yourself against fraud is to make sure there are little to no loopholes available for fraudsters to go through. They are relentless at looking for ways to exploit any weaknesses they can find. [**To learn more about online payment fraud, visit our insights page.**](https://www.ravelin.com/insights/online-payment-fraud) ![Afk Bu I 400X400](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_122x122_crop_center-center_none_ns/851/afk_Bu-i_400x400.webp)Alara BasulRavelin alumna More from Alara Basul - [Infographic: The growing cost of fraud in 2018](https://www.ravelin.com/blog/infographic-fraud-in-2018) - [Meet Tim Whelan, Ravelin’s VP of Engineering](https://www.ravelin.com/blog/meet-tim-whelan-ravelins-vp-of-engineering) - [National Cybersecurity month: Raising awareness of fraud in payments](https://www.ravelin.com/blog/cyber-security-month-fraud-awareness) ## Related content [Blog / Fraud trends ### Online Retail Fraud Trends 2026: New global report Refund abuse just outranked traditional forms of first-party abuse in terms of its negative impact on retailers – while 78% say fraud has stifled their growth to some extent. ![1669287463716 2023 12 07 164059 ybjd](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_33x33_crop_center-center_none_ns/196785/1669287463716_2023-12-07-164059_ybjd.webp)Nikoleta Dimitriou,Senior Content Manager](https://www.ravelin.com/blog/online-retail-fraud-trends-2026) [Blog / Fraud analytics ### Burner account detection requires continuous behavioral monitoring and network analysis Today we explore ecommerce burner accounts and why it's important for merchants to home in on and ban them before they do harm. ![Unnamed 3](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_33x33_crop_center-center_none_ns/265422/unnamed-3.webp)Nelda Biltauere,Senior Fraud and Payments Researcher](https://www.ravelin.com/blog/ecommerce-burner-account-fraud) [Blog / Refund abuse ### Refund abuse is too easy to do – and get away with – to leave unchecked Exclusive Ravelin data reveals the sheer extent of ecommerce refund abuse, including how harmful repeat refund abusers are and the measures to stop them. ![1669287463716 2023 12 07 164059 ybjd](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_33x33_crop_center-center_none_ns/196785/1669287463716_2023-12-07-164059_ybjd.webp)Nikoleta Dimitriou,Senior Content Manager](https://www.ravelin.com/blog/ecommerce-refund-abuse-is-easy)