Get started playing at online casinos

by CasinoGambler | posted in Casino articles

Online Casinos

Gambling has been an activity that was carried on since ancient times. The digital age has revolutionized gambling leading to a large army of fortune hunters who have in turn given rise to the online casino business. Lots of money is won and lost each day in online betting. Indeed, online gambling is big business today.

The Economics of Online Casinos

It is indeed brilliant business sense – online casinos give handsome returns. When it takes hundreds of millions to build a resort casino, employing thousands of people, the virtual casino is so much cheaper to setup. Employing only a handful of staff and using a small amount of funds for the initial setup, online casinos rake in super profits from their operations. Online gambling is appealing to the gambler too – after all, casino sites offer a higher percentage of payouts and one can enjoy the thrills right from the comfortable environs of the home. In short, online casinos incurring fewer overheads as compared to land-based casinos, can afford to share a larger chunk of their earnings with the customer.

Online gambling is a multi-billion dollar industry today, and at any given point in time, there are about 50 to 60 million gamblers online. Almost 30% of the gambling population is Asian. The rapid pace of internet gambling can be attributed to the increased availability of broadband all over the globe. Another industry related to the online casino business is gaming software development. Gaming software is also a big business and companies like Playtech, Cryptologic and Microgaming have made a mark in this field, with many online casino sites using their software for the websites.

When it comes to money issues, many credit card companies do not allow transactions for online gambling. The online gaming industry has bypassed these restrictions by adopting other forms of payments like NETeller or MoneyBookers. In the United States, online gambling is deemed illegal, but countries like UK and some South Asian nations have legalized it, thereby increasing their tax revenues.

Types of Online Casinos

Online gambling is a kind of remote gambling where you can use the internet to play online casino games and place bets. It is the virtual version of a land based casino. You can open an account, transfer money to them and begin playing the games of your choice. Some online casinos offer various casino games while others specialize in only a single type of game. For instance, you will find exclusive online poker rooms where you can play variations of Poker. This is of course due to the huge popularity of the game of poker.

In general, there are two main types of online casinos – web based and downloadable. In the web based version of online casinos, you can play the games directly through your browser without downloading the software on to your computer. Games usually run on Java, Flash or Macromedia Shockwave. However, a substantial amount of bandwidth is required to load the sounds, graphics and animations.

Some online casinos require you to download the software in order to play the games. Once installed, the software takes care of the connections to the casino service provider. Usually the software runs well on Windows platform and is ideal for players who have a dial-up internet connection. One negative aspect here is that while downloading the software, your computer might be corrupted due to viruses or malware.

Playing at an Online Casino

Online casinos are known for a huge collection of table games. Among the standard games, you will find blackjack, roulette and baccarat, although you might find Craps, Caribbean Stud, Three Card Poker, Red Dog or Casino War at some of the online venues. An all time favorite – Slots is available in hundreds of variations online, but Marvel and Comic book slotmachines are some of the most intertaining. Three-line, single-line, 9-line or three reel and five reel slots machines are available on almost all the websites. Progressive jackpots in Slots often pay more than what would be paid at a live casino. Another popular online game is video poker and here too, you will find a couple of variations. Online games are easy to play; most often, you just need to click a button to get the game going.

Casino Bonuses

This is by far, the most attractive feature of an online casino and the biggest advantage to the player. Some casinos may offer a bonus to test out the games, while others may give you a bonus on your first deposit, either as a percentage of your deposit or a fixed cash amount added to your account. The reason for the handsome bonus that almost every casino offers is the low overheads. Secondly, you need to wager a substantial amount of money to make any winnings. It is advisable to read the fine print with regards to the validity period for the bonus, the games that you can play to activate the bonus or how many times you need to wager your deposit, etc. This information is usually available on the website or in the confirmation email at the time of sign-up, sent to you.

Are Online Casinos Safe?

Most of the online casinos you find today are honest, licensed and regulated by gaming authorities of the countries they are located in. Although, you may come across a rogue casino operator, it is more an aberration than a norm. The banking transactions are usually secure and the personal information you are required to provide is safeguarded due to the website’s strict privacy policies. Payouts of your winnings are also done in a timely manner, so it is quite safe to wager you money at an online casino. However, you must ensure to check out the casino you intend to play at by doing a little background research and reading user reviews before investing your money.

Online casinos are here to stay. They are a great source of entertainment and are always available so as to suit your convenience. No need to take out time from your busy schedule to visit a land based casino to enjoy that game of slots that you love so much.

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