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Fraud Analyst

at Live Gaming Solutions · Riga, LV
Casino Sportsbook Compliance B2B Fraud
Est. Salary
Competitive
Location
Riga, LV
Seniority
Mid-Level
Company Size
6
Company Pulse
LinkedIn
802
followers
Team Size
6
employees
Headquarters
Riga, LV
AI SUMMARY Role Overview

The Fraud Analyst role involves analyzing betting patterns and data to detect and prevent fraudulent activities, such as advantage play methods and poor shuffle procedures, in order to protect the company's revenue and reputation.

About Live Gaming Solutions

Live Gaming Solutions is an iGaming company that provides fraud prevention tools and services to online gaming operators.

Estimated Benefits
  • Competitive salary
  • Health insurance
  • Retirement plan
  • Paid time off

Benefits estimated based on industry standards

Original LinkedIn Post

If your subconscious associates $3M winning players with stress, losses and ‘shut down the table right away’ reactions -> then scaling and competing with major providers feels like signing up for more stress and negative profit. So you feel tested and irritated when operator asks for players reports.  And you never know 100% was it luck that the player won or some new fraudulent scheme. Your subconscious goes:  Was it this specific dealer’s issue?  Was it shuffle’s procedure issue?  Was it something else? That’s why scaling feels heavy and unstable.  The solution is not only about having enough data on betting patterns or hiring a huge team of Fraud Analysts. I broke this pattern by putting all accessible knowledge into one fraud prevention tool. And we're still adding new betting schemes to this day. I put my reputation on a plate (we've partnered with providers since 2019) and say it literally will rewire your brain toward any type of fraud associated with big winnings: That player used advantage play methods.  Those were poor shuffle procedures, visible in graphics.  That was opposite betting, report sent to your operators by us. Until that association changes, you’ll see $3M winning players as risk and will keep choosing staying low.

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