Online Casino Facts You Have Never Known About
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Generally, the gambling industry is known to be among the fastest-growing industries in the world today. However, it’s still surprising how most people don’t seem to know much about online casinos and the list of casino bonuses. For individuals who gamble at real-money casinos, there are some facts you should take note of. If you are also considering taking a liking to online gambling, then there is a need for you to learn a couple of things about it. Here, we will be taking a look at some online casino facts that you might not know about.
The Laws for Online Gambling Can Be Quite Complicated
Gambling at online casinos is not absolutely legal everywhere in the world and, at the same time, not absolutely illegal. Taking a look at the US, for example, there is no definite law that considers playing at an online casino or any other gambling activity as being illegal. However, individuals or companies that do not have a licence are not allowed to offer gambling services to citizens, which is as interesting as comparing casino habits. Other gambling laws in the US are now categorised at a state level, and they tend to vary depending on the state.
When considering online gambling, citizens of the UK are not prosecuted for betting online. Their authorities tend to treat online gambling like various other vice crimes, such as prostitution, whereby only the business people who offer the service are prosecuted rather than the customers. However, some other countries have more strict laws regarding online casinos. Therefore, if you want to venture into online gambling, do proper research about the laws regarding it. When you decide to gamble online, make sure you use a reliable and reputable online gambling site. One such site is slotfans.com, as they offer players the opportunity to enjoy various slots online.
Certain Online Licensing Authorities Are Quite Sketchy
Considering the fact that most online casinos are located offshore, the various licencing authorities that control them are also offshore, but that does not mean that any casino licenced by such authorities is not good. It simply means you can fully rely on some of these jurisdictions just as you will the others. However, there are certain licencing authorities that are known to be very strict. There are various authorities in the iGaming industry that an online casino can be a part of, and these include:
To account for safety, fairness, and audit of casino games, there are various organisations behind this, which includes:
- Certified Fair Gambling: This is a California-based company that is in charge of auditing game logs for fairness and looking for any irregularities.
- European Sports Security Association: This authority is responsible for monitoring any betting activity and determining unusual betting techniques in order to avoid insider sports betting.
- Association of Professional Casino Webmasters: This is a relatively unique site whose main goal is to watch out for the interests of webmasters who tend to operate informational platforms in the gambling industry. Before any online casino can be a member of this association, it must comply with strict and specific standards of operation.
- iTech Labs: Responsible for analysing and auditing RNG software to ensure that the games offered are absolutely fair.
- Remote Gambling Association: Their aim is to ensure that online gambling platforms are trying their best to prevent gambling problems as well as underage gambling.
Online Slots Make Massive Profits
Online slots are known to be the major source from which the gambling industry makes lots of money. Online slot machines are just like those in traditional casinos as they make use of the same RNG program and offer free slot games. Let’s talk about how the slot machine works. A slot machine has a couple of spinning reels, which can be 3, or even 5 reels, with each reel having a number of stops. They can either be blank or come with certain symbols. The probability of each stop coming up is already certain, but it is not equal for every other stop.
For instance, a bell symbol can be programmed to have a probability of 1/10 while a bar symbol can have a probability of 1/20. The probability of each particular symbol landing is already known by the game developers. Therefore, they can make a calculation of the combined probability of the symbols. Most casinos depend majorly on the law of massive numbers in order to make an adequate profit. Considering the fact that over a hundred punters play various slot machines per hour, they are able to make massive profits from them. It does not really affect them if you win because winning once in a while will encourage you to play more, thereby boosting their business. Therefore, for you to also earn profit from playing casino games, ensure you play at the best payout online casino.
Importance of the Random Number Generator
Taking a look at RNG, it is only applicable to online bingo, poker, and casino games. But it does not apply to online sports betting. A random number generator refers to a unique computer programme that is known to generate results randomly. For casinos, they make use of pseudo-random number generators. Now, how does the random number generator work:
- This is a computer programme that online casinos use to generate random numbers.
- Each and every online casino game makes use of the RNG program, except live dealer games.
- The random numbers generated are used to determine the total outcome of games, and this includes the cards that will be dealt to players.
The RNG programme consists of a list of numbers, with each number having a relative outcome attached to it in a casino game. Upon hitting the “Deal” button in a blackjack game, for instance, it eventually comes to an end on a particular number at that millisecond.
Gamblers Cannot Count Cards When Playing Online Blackjack
As you must know, not all online casino games are powered by the RNG program, as certain gambling sites provide the option of playing some casino games through video with actual decks of cards and real-live dealers. Generally, this is just the same as playing at a traditional casino, with live dealer blackjack being the most popular amongst them. Card counting is considered a strategy that professional players use to win while playing casino games. Counting cards is not something too difficult, as all you have to do is assign a particular value to all high cards and another to low cards, and then you move your cards up and down as they are being dealt.
By using this method, you are able to keep track of the high to low card ratio remaining in the deck. In a situation where you have multiple high cards remaining in the deck, you have a higher chance of being dealt blackjack or “natural”. However, this is only applicable when playing a game in which the deck is not shuffled on every hand, but almost all online casinos make use of an automatic shuffler.
The Bonuses Offered Are Not Actually the Best Deal
Lots of new players online tend to be enticed by the offer they are given to enjoy playing casino games with free money by just registering at the online casino. These bonuses are made available to try to bring in new users to their site. Seeing can make it look like a can’t lose situation, but that is not always the case.
How Do Online Casino Welcome Bonuses Work?
Most of the time, casino bonuses come in the form of a match-up whereby you get to deposit a certain amount of money, and then the online gambling site matches your money with a specified percentage. For instance, when a casino offers you a 200% match bonus of up to $400, this means that:
- Simply means that upon depositing $200, new users are rewarded with a $400 welcome bonus.
- Players get a total bankroll of $600.
- You can play casino games with the reward.
Although most gambling sites do not want to be taken advantage of, players have realised that the extra bonus can be used to get an edge over the casino eventually. In the past, wagering requirements were not always high, making it quite easy for players to complete and cash out their winnings, as all they had to wager was the whole amount of money deposited alongside the bonus. However, over time, casinos have decided to increase their wagering requirements, making it quite difficult for players to have an edge. This has resulted in casinos not allowing bets on certain games with a low house edge. Therefore newbies should always watch out for step-by-step guides to playing poker.
Final Thoughts
One fact about online casinos is that they make a massive amount of money as punters are ready to invest little effort into them with the aim of cashing out big from them. Lots of online casinos are ready to even pay high referral fees of up to $500 in order for new users to join the platform. With this, they tend to say lots of nice things about the site without really confirming if what they said is true. Although you have the chance to search for legit casinos on the internet, you will tend to see several advertorials regarding the reviews.
However, it’s not quite as difficult to figure out a legit review from the unending list of options available. Apart from this, there are others who offer players fake promises, such as giving them the chance to beat casino games that are absolutely unbeatable mathematically. They tend to entice you with the promise that you can earn lots of money by using one of their techniques, and it worked. There are trusted gambling techniques that you can implement when playing to get an edge, but they are quite limited. Players can get an edge at the following gambling activities:
- Fantasy sports
- Blackjack
- Poker
- Video poker
- Horse betting
Individuals can also get the chance to benefit from a promotional offer that puts the odds in their favor, but that does not always happen.
Disclaimer: Gambling involves an element of financial risk and maybe addictive. Please play responsibly and at your own risk. This post contains material that may or may not be legal in your country. Please play/not play subject to applicable law.
