Playing at online casinos has become extremely popular since the internet began and more recently over the last few years. In short, online casinos are safe and fair to play at – CasinoStatus.net highlights the reasons why.
Let’s look at how safe they are to play at. As explained in the Where are Online Casinos located and licensed? Article, you will see that online casinos need to undergo stringent and comprehensive scrutiny in order to be granted a license from the gaming jurisdictions.
In terms being ‘safe’, I think you and other players alike will want to know if your personal and credit card data is secure. It’s in the interest of the online casino operators to implement safe policies and procedures for both themselves as a service provider as well as for their customers, such as you.
Safeguarding and protecting your details is vital to them – online casinos utilize sophisticated encryption technologyto ensure that sensitive data you submit is transferred properly over to the casino. Encryption means that their technology scrambles your data so no-one else can interpret or ready your personal or financial details.
Investigating and research the online casino of your choice is very important to ensuring your safety. Search for their privacy policies and ask their customer service teams about your security. If you can’t find any answers on the website or via their support teams, move on. If not, risk having your detailed compromised and utilized without your consent.
Finally, the software provider used by the online casinos will tell you if they are secure and at the same time fair. The most popular software providers (such as Playtech) are quoted on various stock exchanges and do not allow their software to be manipulated by online casinos in order to take advantage of players. This leads us on to how fair online casinos really are.
As above, the vast majority of online casinos are fair towards players. All casino games have built in advantages know as the house edge. This is basically defined as the profit generated as a percentage of player’s play. In American roulette for example, there are two zeroes and 36 other numbers (18 red numbers and 18 black numbers). If you bet $1 on red, your chance of winning $1 is 18/38 and your chance of losing is 20/38. This means that the casino has a 5.26% advantage or edge over you. This is the average of course.
The software online casinos run off use random number generators which are then fed to the local jurisdictions to ensure validity. Many online casinos nowadays use internationally renowned auditing companies to verify this information and present publicly. Microgaming is audited by Price Water House Coopers for example.
Competition is fierce in the online casino world so this makes online casinos act more morally and appropriately. Finding another land based casino may be hard but finding another online casino is simply a few clicks away. Casino Manual provides you with the payout % (or house edge) of all online casinos on this website.
In conclusion, online casinos are safe and fair – there are obviously bad applies in every industry but stick to the casinos on Casino Manual and you won’t go wrong. The key is to do your research and investigate thoroughly. The industry is more and more regulated nowadays so the need to be transparent and fair is increasingly important. Many rogue operators have ceased to operate due to player complaints and the weight that this carries. A good brand name, reputable software and an EU license should hold you in good stead.
If you want to find out where casinos are located and how they regulated, please click here for more information. Alternatively, check out our Banking Guide which explains all the payment methods you can use at the various online casinos. This is a guide to most popular methods used by players which includes details on how to use them and their implications.