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Are Online Casinos Safe


Ok, so you're a bit cautious, who isn't at first - but real money and free online casino gambling has come a long way in the last ten years. It has its chancers and con artists, but this industry has become sophisticated with its security set ups, encryption and payment systems.

In addition to this, trusted third party companies like eCogra, have formed in an attempt to regulate this industry and protect you, the user. Indeed, legislation in the US looks set to take this regulation to the next level in the future.

Don't forget many of these companies are public companies with stock market listings in the UK; therefore there is no place for them (or their financials) to hide - their cards are literally on the table.    

Online Casinos versus Land-based Casinos

It's fair to say that a land-based casino has its own particular appeal. There's something about the flamboyance, the flashing lights, the free-flowing drinks and often exclusive surroundings.  However, not everything is positive, particularly the odds.  The casino is there to ultimately take your money and run.

The online casino is slightly more civilized, relaxed in the comfort of your own home in your pyjamas,  never subject to angry or possibly drunk players (apart from your mate Dave), able to hear yourself think and therefore allowing you to concentrate on your strategy. 

But the key difference comes from basic economic forces.  The sheer volume of online gaming websites mean that competition is fierce and in order to net new punters like you and me AND hold on to them, these companies need to offer a professional service, tight player security and privacy, and ultimately damn fine odds. Otherwise, why return?

Now, let's take slots specifically. Nowadays there is virtually no difference between land-based and online versions. This is because they both rely on digital computer chip technology to generate their reels and slots and the outcomes of spinning the reel: the manual handles have gone!   And, increasing numbers of land-based slot machines have a digital interface, meaning that the reels are represented virtually, in the same way as they are on your computer screen when you play online.

The more important difference between online slot machines and ones in land-based casinos is that the payout percentage at online casinos is usually higher than at real-world ones.  Yes, more cash. So what are we waiting for?

And what are the real facts about real money and free online gambling

 

 

Users Comments

Re: Are Online Casinos Safe
Posted By monkeyman 1 May 28, 2009 03:22:27 PM

Most online casinos are pretty safe to play at. Even some of the ones that arent regulated in trustworthy jurisdictions. Although I do tend to do my research of online casinos before I sign up and free play games or do any gambling for real. Indeed, whilst some US casinos are still scams big companies such as Bodog, Full Tilt (poker) and Rome Casino are very trustworthy IMO

Re: Are Online Casinos Safe
Posted By citygambler 1 May 28, 2009 03:36:43 PM

Great article. We need more champions in the industry who look after casino gamblers like us, especially the ones who venture into on line gambling. IMO I always stick to companies that are publicly traded. I.e. those that are listed on the stock market such as partyGaming and 888 holdings. This is always a sure fire way to make sure that the casino is genuine and reputable as they will have too much to lose if they try to rip off their casino players.
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