How this is done is a very serious matter. There was a time that the online security software had not been as yet completely developed, and online casino fraud was a day to day matter. It was a simple matter for the online casinos to claim that a certain player had lost in blackjack, or had never played at their casino and then refuse to pay him his winnings. This was the time before the new secure payment software. Nowadays payment is done in a variety of ways; anything from credit cards to direct wire transfer to direct bank credit.
On the other side of the spectrum, however, are the fraudulent blackjack players who seek to steal money from the online casinos and run away with the cash. This is of course very detrimental to the online casinos, who's interest of course is to make as much money as they can from the unsuspecting gamblers.
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