The gambling industry is bigger today than it has ever been. Understandably, most people know plenty about casinos, including online casinos. However, there are some misconceptions floating around about online casinos; and it’s possible you think some of them are true.
If that’s the case, here are some things you might need to know.
- The Random Number Generators (RNGs) Used by Online Casinos aren’t Fair
When playing bingo, poker, blackjack or any other casino game, a random number generator is involved. Obviously, sports betting does not require the use of this technology.
The RNG determines the game outcomes. But the technology is not exactly new, and there is nothing shady about it; it was being used on physical slot games before online gambling became the raging phenomenon it has become today.
The RNG produces random numbers, which respond to various game outcomes. So, as you play the game, this technology is constantly generating random numbers in the background at blinding speeds.
But once you make a decision during the game, the RNG stops and gives you a result based on the number it had generated at the time.
- Sign Up Bonuses are Great, If You Use Them Well
Sign up bonuses given by online casinos are really great. In most cases, the casino will typically deposit the bonus into your account as soon as you make a deposit.
From there, you will have to wager an amount equal to several times your bonus before you can cash it out. This is a standard requirement to ensure players don’t take advantage of the casino. But the truth is that a bonus can boost your winning odds a great deal by increasing your bankroll.
- The best Casinos have Excellent Customer Service
Good casinos are well-regulated, and they will offer you a great playing experience through a broad choice of casino games. These casinos also have good customer service.
A common complaint among many players is that they go a lot of trouble when trying to make a withdrawal when using less reputable online gambling establishments. So be sure to evaluate a casino before you join it to ensure that you will get quality customer services.
- Not all Licensing Authorities are Really Bad
Sure, some online gambling licensing authorities are not that good at regulating this industry. However, there are jurisdictions where a casino has to go through a lot of requirements before getting a license, which helps get rid of any shady online casino operators.
So, in some places, shady casinos have no chance of operating in this industry. In other words, gambling regulators are not similar, some are better than others.
For instance, UK is a great licensing jurisdiction, as well as Isle of Man. The same applies to Malta and Gibraltar. Examples of licensing authorities that are extremely relaxed in their oversight, letting even shady operators get a license, include Costa Rica and Antigua and Barbuda.
- Online Casinos have Loyalty Programs as Well
These days, online casinos give their players loyalty points, just like traditional casinos. They work the same way as well. Basically, you get points based on how much you play at the casino. So, you can still get rewarded based on the amount of wagers you have placed through paybacks even when using online casinos.
- Online Casino Games are Not Rigged
The games offered at online casinos are very random. There is no rigging involved, despite the rigging possibilities implied in pop culture classics like Casablanca.
However, the games do have a house edge, and each bet has its own unique winning odds. These games operate based on random number generators, and this technology will usually provide outcomes randomly without manipulating the results.
- Slots Games Account for 70% of the Online Casinos’ Profits
Even in physical casinos, slots rule. In fact, they account for 85% of casino profits in the US. Slot games are incredibly popular, and the are also easy and fun to play. This has made them a favorite for many people.
Additionally, there are various kinds of slots games, which is not the case with some casino games. This is why some casinos have positioned themselves as the ultimate places to play slots, such as Froutakia, which is a legitimate casino with a lot of great slot games to offer its customers.
Conclusion
Online gambling has become more popular than most people would have imagined. But still, some people do not understand this industry as much as they think they do. So, above are some things you should know about online gambling to better understand this industry.