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The methods involved in depositing money at online casinos are plentiful, with most having full banking facilities for countries they serve.
This means deposits can be made via credit and debit cards Visa, MasterCard, Diners Club etc , bank transfers some local, some international , web wallets Neteller, Skrill etc and other forms of payments specific to certain countries.
In Australia, for instance, there is a company called POLi which processes payments to casinos through accessing your online bank account.
Withdrawals work in a similar manner to deposits with the casino usually processing payments within 24 hours of requesting it, mostly quicker.
Depending on the method you have selected to withdraw funds it could take a few business days for the cash to be yours.
If you are using a web wallet or some other withdrawal methods you may get your money quicker, or even instantly.
Banking transactions at the safest online casinos are usually safeguarded with bit SSL encryption technology. This is the best encryption available for keeping funds safe; it is in line with what major banks around the world use.
Online casino software is provided by many different developers, with many gambling sites using a mixture of providers and integrating these games into one platform.
Traditionally online casinos were powered by just one software developer, with pioneers like Microgaming and Playtech powering most of the early gambling sites.
But now technology companies have platforms that casinos can take and basically integrate any games into it, which means you could find casinos with 50 or more software providers.
The online gambling industry has graduated into a multibillion-dollar industry and now stands alongside land-based casinos as their peer, and the biggest growth driver in the sector.
Even countries with traditionally staid attitudes to gambling such as the USA are slowly cottoning on to the untapped potential in the industry and the tax it can generate for states desperately looking for more money.
Other countries such as the United Kingdom have embraced it for many years and have outstanding regulatory bodies that are constantly updating their modus operandi.
But the seeds had been sown for a much greater future. More and more software companies, many that still exist to this day, such as Microgaming, Playtech and Net Entertainment, were launched and since then the development has not stopped.
As internet speeds and technology have improved, online casinos have evolved to a point where you can now play your favourite casino games via video streamed on to your computer, television and even your mobile phones.
As the years have progressed from the first online casino more countries have legalised it as a legitimate business and now many states in the USA allow their land-based casinos to also host an online portal.
Most countries in the European Economic Union have also regulated gambling although many of them fall back on Malta as their licensing body and receive their tax kick via the Malta Gaming Authority — the biggest jurisdiction in the world.
Other countries around the Caribbean like Curacao and Antigua and Barbuda have also established regulatory bodies and are big players in the industry.
However, if a country fails to address online wagering they will happily allow their licensees to operate in these places — known as grey zones.
A prominent instance of this occurring was in Australia where casinos based in the UK and Malta operated there until late when the government effectively banned poker and other forms of online gambling.
Problem gambling has been around since the first card was flung in anger, but now with an online casino literally at the tip of our fingers at any time of the day there is a much greater threat.
This means respected casinos take an active interest in betting patterns and things like large deposits. Their licensing bodies will put in place checks to make sure the operators are acting responsibly towards their patrons.
Online gambling companies poked holes in the report at the time with some claiming it was funded by land-based casinos trying to protect their turf, but without a doubt the added privacy and availability of online gambling means the risk of problem gambling has never been greater.
Online casinos have long been a hotbed for money laundering and as recently as casinos licensed by the Malta Gaming Authority have been accused of poor practices surrounding their accounting.
Basically organised crime is using the industry to clean their money, much like land-based casinos operators have been found to do.
Many licensing bodies, and online casinos for that matter, have integrity departments looking into every transaction that is made at an online casino with more and more resources being poured into stopping the practice of money laundering.
The modern history of the gambling industry is set to be shaped by the USA, which is slowly beginning to legalise sports betting and online gambling across the country.
This has sent the big gambling companies across the world into a frenzy, with many such as William Hill, Bet and Sports seeking and receiving approval to form partnerships with casinos in New Jersey.
Nevada has a sole regulated poker site still standing with the online world not really embraced by the land-based operators protecting their turf.
The other state in the USA which has regulated gambling is Delaware. Many other states in the USA have began the process of legislating some forms of gambling, but realistically it will still probably take some time until the entirety of the country is being served by legal online casinos.
Until that time millions of dollars will continue to be pumped into offshore sites. With much of the world locked down because of the ongoing COVID pandemic, online casinos have become even more popular.
Gambling hubs like Las Vegas and Hong Kong have been forced to shut down to comply with social distancing rules.
And with sports betting largely absent because most major sports were forced to shut down or cancel, online casinos have become one of the few gambling outlets left.
This has lead to gambling regulators like the Gambling Commission and MGA issuing warnings about the perils of problem gambling and warned licensees no loose advertising would be tolerated.
With the global online casino landscape rapidly evolving, one of the biggest pros has been that they are catering to specific or multiple markets.
This means that often a casino will be hosted in multiple languages and cater to many different currencies. While the World Gambling List is written only in English at this point, we will point you in the right direction if you are searching for a certain language to do your gambling in.
You can read our casino reviews for further information on what languages are supported by each casino. Most online casinos will outsource their payment processing and receive a global solution, which means they will have a stack of currencies available to choose from during the sign-up process.
In short, all this really means is that your account balance will be displayed in your chosen currency, often corresponding to the country that you live in.
However, if you are from a country without regulation or a smaller nation you may have to deposit and convert your money to another currency.
Often there is a small conversion fee to do this, but it usually is less than a few per cent, or a small set amount, and then you will see the balance of your account in a popular currency such as the USD or Euro.
Laws surrounding online casinos vary greatly from country to country which means it is hard to determine whether you specifically are legally allowed to play at an online casino.
There are very few cases globally of a punter receiving the raw end of the stick from authorities for playing at an online casino; generally it is the operators themselves who are targeted.
In the few cases where players have been prosecuted it has been in countries such as the United Arab Emirates where religious beliefs are backed up by stringent laws.
White market: Countries like the UK and Malta are considered white markets and have regulated, legal gambling options.
Often countries classified as grey markets will also be targeted by white market operators because there will be no sanction for accepting players from here.
Grey market: Countries like Canada and New Zealand are considered grey markets, which means that there are no laws stopping offshore companies from targeting casino players, yet there are few or no regulated casinos by the specific country.
Black market: The illegal online casino industry is booming and worth billions of dollars. Licensing bodies such as Curacao and Costa Rica allow their operators to target black markets which often forces the hand of governments around the world to take action and offer regulated gambling themselves.
If there has been a theme in this article it is to do your research before committing a lot of money to a casino.
It pays to query customer service before you deposit to make sure there is someone there. You can always make a small deposit and then withdraw it to make sure the process works smoothly.
Customer service at online casinos can be reached via several methods obviously depending on what casino you are playing at.
There are options such as email, live chat, Skype and sometimes even local numbers for players to call. This is definitely one area of a casino to have a look at before you commit real money.
When you first start out playing at online casinos you will find a myriad of terms thrown at you, like download casinos, instant play casinos, mobile casinos and many more.
While they are all essentially the same products, these are some of the different types of casinos are described:. These range from things like are there online casinos in my country?
To, how old do I have to be to play at an online casino? Here are the answers to some of the more common questions we get asked about online casinos.
We must get asked this question about online casinos at least once a week, and there is no real definitive answer.
Instead it comes down to individual answers like the best casino for players in a certain country is xxx casino. If online casinos are banned in your country it gets even murkier as to what is the best online casino.
The USA went through a period of great change to its gambling laws in , with most states now either actively working towards regulating the gambling industry, or have done already.
While most states are considering legalising sports betting in the USA, online gambling has been slightly slower.
Currently the USA states with regulated, or do have legislature in place to regulate, online gambling are New Jersey, Nevada and Delaware, with California and Pennsylvania progressing well in their bid to regulate the industry.
Online casinos that have strong regulation will only use licensed casino software companies, which means they will be heavily audited by third parties like eCOGRA, which tests things like random number generators for fairness.
Instead when playing at a RTG casino, or one like it, you should be sure that site you are playing at has a strong reputation, with good reports from players.
This really does come down to preference. All we will say, is that online casino games are improving all the time, with s of real money slots available and many variants, that you would not find in brick and mortar casinos, of live table games available behind the virtual doors of good casinos.
In total many of the best online casinos have over games in total. This is when a video feed of a real live casino game is streamed to your computer or mobile device, while you place bets on a virtual table.
The sheer variety of games is also outstanding when talking about live casino games. This is because there are less overheads and more competition in the online gambling realm.
This means online casinos, with an eye on shading their competition, give more back to the players and use it as a selling point to lure new players.
When you win, often it can be frustrating waiting to get paid from an online casino. How long it takes will depend on what your situation is.
For instance if you are in the US and bet with an offshore company the payout might take up to 10 days to hit your account.
If you in the UK and play at an online casino licensed here, you realistically can have your cash within two days. Some online casinos are even beginning to process cash-outs instantly.
Yes there are many gambling sites that have dual functions. This includes some of the biggest names in the industry, like William Hill, Bet, Guts.
For instance a table game might have a house edge of 0. This means Right now it is hands-down the United Kingdom.
The UK is the biggest regulated jurisdiction in the world and has hundreds of licensees that serve various markets all over the world.
Many online casinos will hold multiple licenses, but the biggest will generally hold that magical United Kingdom Gambling Commission seal of approval.
Having said this the United States and to a lesser extent India because the economy is not worth as much per head are the sleeping giants of the online gambling industry.
The USA has only just began regulating online casinos in most states, while India and its population of close to 1. Many of the latest studies do however show that men gamble more, spend more and are more prone to problem gambling, despite this gap decreasing in recent times.
An online casino bonus is a perk for a player, usually given when you open a new account. These casino bonus offers can come in numerous forms, including no deposit bonuses, matched deposit bonuses, free or extra spins and anything else the website can dream up.
Be aware there are wagering requirements generally attached to online casino bonuses, which in some cases, can make it very hard to actually turn a profit from your bonus money.
Yes you can, most online casino software companies, will also give their licensees permission to allow players to play their games for free.
Often websites like this one will also host free versions of slots and RNG table games. However there are no live games available in freeplay mode — this would cost the casino sites too much money.
Australia has banned online casinos, as of , with an update to the Interactive Gambling Act closing a loophole which allowed offshore gambling sites to target Australian residents.
In there are still many online casinos that target Australia, but these sites are as reputable as the ones that have now departed this massive gambling jurisdiction.
You would be surprised how often we get posed this question by online casino players. Well the good news is there are adult casinos, but the bad news is we choose not to promote them on the World Gambling List.
This poses a few different questions. If you are looking for live games you may need to do a little bit more homework, although there are plenty of around-the-clock options if you are based in the right place.
Look at it like this, if you are in the UK and play at an online casino based there at 7pm at night you are likely to find plenty of live tables open for business.
However if you visit this same casino at 2am UK time you might find the dealers have gone home for the night. The good news is there plenty of online casinos that will have live games open right now, you just have to find them.
As a general rule, yes you do need to use your own identity when signing up at an online casino. This is again dependent on what you are looking for, but rest assured if you play at an online casino with any of Net Entertainment, Playtech, Microgaming or Betsoft software you will find some great slots games.
Often online casinos will have a variety of slots providers supply them with games, which means you can find a great array of slots titles.
For instance SlotsMillion has over real money slots available. Basically New Zealand does not have any laws surrounding online casinos in operation, other than that they cannot operate there.
This however does not stop many of the best online casinos from operating in New Zealand from offshore locations.
There are plenty of online casinos that have been around since the late s, with these including Royal Vegas Casino, which we understand is the oldest left still online.
Often regulation will stop online casinos from putting their apps in the Apple App store, and with no third party apps available on iPhones, you probably will have to just play in your mobile browser.
Android users are a in a different situation, with these devices allowing third party downloads, which means that you can download gambling apps directly from the company that offers it.
Always do your homework before downloading a gambling app to an Android device, because there is far less restrictions placed on their operations.
Paypal is one of the biggest processors of gambling deposits in the world, however they only operate in regulated markets, or ones where there are no laws banning online casinos.
If you are in a country where there is regulated gambling, read Paypal online casinos for further information, including what countries cannot use Paypal.
This really does come down to the individual, what game they are playing and whether you know what you are doing. Online casinos have a return to player RTP rate and this means they give back a set percentage of all money put into the online casino, but rest assured the casino always wins in the long run How do casinos profit?
Obviously ladyluck still has her say, so always set yourself limits on how much you are willing to lose in a session. Also set yourself an upper limit, where you walk away a winner, before squandering your hard work on the slots or tables.
Online casinos set their own return to player rate RTP and this determines how much money they pay back to the casino. Things can get murky if you are playing at online casinos with lower standards of regulation than the sites we advertise.
For instance RTG casino operators have control over individual slot games RTP which means it could vary greatly from site to site.
Security protocols at the top online casinos mobile sites is as strong as their desktop version. Basically if an online casino has a good reputation, it will also encompass their mobile casino as well.
Staying safe when gambling on mobile largely comes down to your WIFI connection — if that is secure you should be fine as long as the casino is a legitimate gambling site.
The eCOGRA eCommerce and online Gaming Regulation and Assurance body makes sure that casino, including things like random number generators and banking practices, are at a high standard.
This eCOGRA symbol is one of the strongest indicators given to a player in the online gambling industry.
This is a question that gets pondered a lot in the gambling industry and in a lot of ways the future is already here for online casinos.
Already several online casinos have created Virtual Reality experiences for their players. If you want to check out a great virtual reality casino, visit SlotsMillion.
Other advances we can expect in online gambling is the continued growth of mobile, with the products available on handheld devices getting better by the day.
This is partly down to the improved speed of internet connections, but also a greater emphasis on development from the iGaming software companies.
This really does depend on a few factors, including the variance of the game you are playing. However as a general rule baccarat is regarded as the mainstream card game with the best odds.
This is why it is so popular with high rollers, particularly in Asia. Video Poker is also another game with a low house edge, that is popular at online casinos.
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