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What are the online gambling basics?
Introduction
If you have never gambled online you are probably bewildered by how to get started. Online gambling is still a relatively young industry and as such there are still many less than reputable casinos. The good and the bad are still fiercely elbowing each other for market share. So choose where to play carefully. I have some tips below which may help you.
You are probably also wondering if the games are fixed. At one point I said emphatically not. On average the casinos keep about 75% of money deposited so they shouldn't need to cheat. However I have heard complaint after complaint of extremely bad luck from playing at some non-licensed casinos that use no-name web software. I do believe that the vast majority of online casinos play fair but am suspicious of a small minority. As you hop from one web site to another of the online casinos it may seem arbitrary about choosing one to play at. Let me help by saying that quality counts. Take a close look at their web site or the free games. If they seem like a professional organization chances are better that they are. Finally trust your gut. If you get a bad feeling about a place then resist playing there, even if you can't explain to yourself the exact reason.
The Basics of Playing
There are two ways you can go in terms of actually gambling online, web-based instant play platforms and downloadable software. Web based platforms offer almost immediate playing and a nearly identical experience to the downloadable software. In the past downloadable software was the best, but now I prefer to play through instant play platforms. Playing at an online casino begins with you registering an account on the website of the spot you want to play at. This is sometimes done on the casino web site and sometimes through the software. Then you must put some into your account. The vast majority of the time this is done with a credit (or debit) card. Other options include Western Union, Bitcoin, and bank wires, although some sites carry substantial fees for using these services. Beware that some credit cards will treat deposits to an online casino as a cash advance. If this happens then you may have success in arguing the charge but many credit cards have a flat policy that a purchase of casino chips counts as a cash advance. I recommend using debit cards instead, as there is never a cash advance fee and the transactions are posted faster.
Once you have money in your account you may then begin to play. Be sure to check the rules first, many online casinos favor European rules which can be different than U.S. rules. This can be good or bad depending on the particular rule. As you play I would suggest documenting everything you do. Personally I use graph paper to keep a running track of my bankroll and the total amount bet.
If you plan to return in the near future do not cash out, just leave your money in your account. When you do cash out the chips will be converted to cash and credited back to your credit card, up to the amount of the initial purchase. If you have a net win then the winnings will have to be sent another way, usually by check. Most places will send winnings for free but others will subtract a finance charge.
The Pros and Cons of Online Casino Gambling
There can be no debate that online gambling is a lot different than gambling in a physical casino. In some ways it is better and in some ways it is worse. Below are my pros and cons of online gambling, based on my personal experiences, compared to gambling in a "real" casino.
The Pros
- Online gambling is a competitive business and many casinos will offer a lot to get and keep your business. Many will offer sign-up bonuses to new customers, adding 10 to 50% of their initial deposit to their bankroll (see below for more on this subject). Some will randomly deposit money in customer accounts and others will give away vacations for specified levels of total money bet.
- The rules are usually better than in physical casinos.
- You don't have to travel long distances. The casino is in your own home.
- You don't have to suffer real casino annoyances, like smokers.
- You don't have to feel obligated to tip.
The Cons
- You have to be patient about getting your money after you cash out. In addition to waiting periods on the casino end there are also delays on the credit card end. Things are generally faster than in years past, but American players can still expect to wait up to 5 business days to see withdrawals processed and paid out.
- Customer service can be spotty depending on where you play. Some places offer great service via live chat, e-mail and a toll-free number. Others take several days to reply to an e-mail, have no known telephone number, and generally seem like they just don't want to be bothered aside from taking your money.
- If a player uses a site that doesn't have a legitimate gaming license, they have no power in the event of a dispute. This has gotten better over the past five or so years, but there are still sites that operate without a license will take advantage of you if given the chance.
- If you play at a lot of places your credit/debit card statement will be a nightmare to balance. Transactions seldom indicate the name of the casino you played at but instead specify the merchant bank.
What is Expected of the Player
One of the biggest problems facing the online gambling business is abuse by players. At the annual industry meeting in Montreal there was just as much, if not more, discussion about this issue than the future legality of online gambling. This is a very legitimate concern because there are a lot of people seeking to defraud the industry.
Although online gambling is a very competitive business when it comes to player abuse the industry feels so strongly that the online casinos help to protect each other. Specifically negative databases, or blacklists, of players suspected of fraud or abuse are shared among the online casinos. The typical reasons for being blacklisted are:
- Disputing charges
- Threatening to dispute charges
- Using someone else's credit card
- Manipulation of gaming software
- Opening more than one account per household or computer
Of these disputing and threatening to dispute charges are the biggest problem the industry faces. The industry term for this is a charge back. This will get a player blacklisted very quickly. Multiple accounts per household or computer I believe is only frowned on if multiple bonuses are given to the same household or same e-mail address. In addition Julie Sidwell says that at least two negative databases track bonus abusers, or player who only play during bonus promotions.
Once the player is on the blacklist they will likely be unwelcome at every casino that the list is shared with. It is like a bad credit rating or a police record, it follows you wherever you go. Placement on a blacklist is not always justified and once on it there is no authority to appeal to for removal.
Doing business in the unregulated world of the Internet is risky for both player and casino. For this reason there seems to be an unwritten code of honor expected of players. Players do not have the liberty of parsing the rules in a legalistic manner and doing whatever they please that is not listed as prohibited behavior. In the absence of a higher authority to regulate the business, players are held accountable to an implied good faith contract. Remaining above reproach and avoiding any appearance of questionable behavior is important for longevity as a player.
Playing for Bonuses
To attract your business many casinos will add a bonus to your initial deposit, usually 10% but I have seen it go as high as 100%. When you accept a bonus you are usually required to meet a certain level of betting action to cash out the bonus. I have seen the total amount bet required range from three times the deposit (Pinnacle Sportsbook) to 40 times the sum of the deposit plus the bonus (Connecto Casino). Read the rules carefully before you start playing. After opening an account wait at least 15 minutes for any welcome e-mail to come in. Sometimes this e-mail will indicate different rules than what the web site says about earning a bonus. Assume that you have to meet the more stringent of the conditions. Regardless of what the rules are you should more than exceed them. If pressed for specifics I would say play at least 50% more than required but 100% or more is better. Some online casinos claim, and exercise, the right to deny bonuses to customers they feel are in it only for the bonus, as opposed to the enjoyment of the casino. Finally I would be suspicious of casinos that you have never opened an account with who send unsolicited bonus offers.
I have created an automatically updating list of the best bonuses in terms of wagering requirements and other terms for each of the popular casino games.
Incentive Code Casino sites has produced a buzz on the web with their totally free cash offers. They have ended up being quite popular for great deals of factors. If you can believe it, a lot of their attributes are fairly similar to various other legit promotions in the on the internet casino site market. Several of the benefits may be frauds, yet others use legit no deposit bonus codes to accumulate credit report for real money.
What makes them popular is that they offer cash money without ever touching the reward prize. The Free Money Casino sites system is based upon no down payment rewards and code promos. These promos will certainly use your charge card to build up your individual money. A lot of these promotions additionally provide gambling establishment credit where you can enjoy winning cash prizes.
Every one of these no down payment promos function terrific due to the fact that they bring more individuals to play on your website, hence causing even more profits for your website, in addition to, bringing in even more cost-free money. When your video games attract even more people are taking pleasure in playing your games, you boost your chances of making even more money. There are lots of wonderful means to break out cash, and also some of them are a lot more exciting than various other no deposit promotions.
With Online casino Credits, the reward comes from an actual purchase of an item. You can actually get various products that are detailed on your internet site. This uses you an opportunity to make even more money, however be careful when you are getting. When you acquire a restricted product as well as don't make money back today, you will not have sufficient funds to make the following settlement. In some cases the business will not pay your money back, also after you have paid it back!
In Benefit Code Casino Sites, most of their promotions work comparable to various other no down payment promos. You will certainly be offered a code that you can participate in their website to get the promotional code. After that you can bet one more player who also has a discount code. These coupon codes are not long-term, but you can continue playing until the promotional duration ends.
Testimonials of Incentive Code Online casinos are rather favorable. Also those with disappointments aren't alone, since they are a relatively new on the internet casino. One point to think about is that there may be a rip-off around that declares to be the like Benefit Code Casinos. You can discover lots of reviews online to see what individuals are stating concerning the company. By the way, a lot of the promos do not provide all the bonuses, so be careful if you will get in a code in order to understand if you are getting the bonus.
So far the incentives that you obtain from Bonus offer Code Online casinos are cost-free money and also Jackpot Prizes. Jackpot Prizes contains having a percent of your profits go straight to you, which is excellent. You never ever recognize how much you will have the ability to win, so getting free cash is great.
In fact, most of the totally free money promos in Casino Rewards have actually received a great deal of praise. The only problem is, the business offering these promos are not always genuine. After spending a little time in your efforts to develop your bankroll, a great deal of them will certainly ask you to place in your individual details, which is never a great idea. These firms normally have sly techniques that are less than moral.
When it comes to the Jackpot Prizes, these are various from go to these guys the normal no deposit promo that you can find in the gambling establishment sector. These are offers that permit you to acquire added chips to raise your payment quantity.
Lots of people are under the impression that they will get all of the free cash that they wanted. That isn't always the instance though. If you want more of an assurance, be sure to check the perk code by clicking on the link to the read more website, which should provide you the complete evaluation of the promo.
Ultimately, there is no money in real cash promotions. This suggests that if you have adequate money to play online, after that you can be all set to play online. There is no restriction on how much you can bet, so it can be extremely fun to bet a while. with all the free money that you obtain from the promotions.
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