Let’s take a look at a few things you should know before playing at an online casino.
If you are an avid user of the internet, then you must have heard of the horror stories about the online criminal world. These criminals are always lurking looking for victims to steal their identities or phish their financial data.
All of these sounds very scary, but the internet has become a very intricate part of our daily lives. most people can live, work or even have fun without it. So, telling people to just get off the internet to keep their information safe is very unrealistic.
When it comes to the online casino world, There’s is a standard to determine the quality and that standard is a license. A licensed casino is one that is regulated by a country’s gambling regulatory body and has to answer to them.
Licensing bodies will demand a lot from online casinos like providing ways to protect players’ personal and financial data. To obtain a license, online casinos must provide loads of documentation, showing that their software and games are legit. Also, their site must be completely encrypted with the latest encryption technology.
However, not all licenses are created equal. There are top-tier licensing bodies that rigorously vet online casinos that carry their licenses. while others are a bit lax on the rules and regulations.
Top-tier license providers include:
- The United Kingdom Gambling Commission
- The Malta Gaming Authority
Medium-tier regulatory bodies include:
- Curaçao eGaming
- Costa Rica Gaming Commission
- The Kahnawake Gaming Commission
Then we have the lower tier regulators. We call them lower-tier not because they are illegal or anything of sorts. They are just very lax on their regulations and bad faith casinos see this as an opportunity. Some of these include licenses from
- Antigua and Barbuda
- Belize and others.
Casino software providers also come in different tiers. Unlike with licenses Software companies are more self-regulated than casinos are. So, we advise you to stick with big-name provider casinos. If a casino provides games from some of the industry’s top developers.
You should feel safe playing their games because they have all been tested for fairness and randomness. Some of the best software developers include:
- Real-time Gaming
- iSoftbet and more!
After choosing a licensed casino powered by a reputable software developer, what’s next is choosing a game to play. At this stage, keep in mind that most casino games are created to favor the casino in the long run. So, any winnings gotten while playing is simply by luck for beginners.
However, newbies might be missing out on winnings by not looking at one important figure in a game. That figure is RTP (Return To Player) indicates the amount of the game returns to the player over its lifetime.
In other words, the higher RTP will return bigger winnings to players. So if you are faced with a decision of choosing between two online slots or roulette variations. We advise you to go for the one with the higher RTP.
Avoid these rookie mistakes
The relationship between new gamblers and gambling is the romance of newfound love. Newbies are usually so enthusiastic about winning they skip all the necessary steps to prepare. These preparations are not only physical but some mental cues as well.
To help new players not fall into the trap of playing without a plan or overspending. We have come up with a list of rookies’ mistakes to avoid.
Not Using The Right Or Any Strategy
All the games at online casinos are rigged to be a game of chance. However, that doesn’t mean that no skills are required whatsoever. You could play these games without any strategies but with the right strategy, you can increase your odds of winning.
Let’s take the example of the popular table game blackjack where you need to decide to add a card or not. This might seem like an easy decision to a new player since they think it’s a 50% chance but they couldn’t be more wrong.
If a player employs one of the many Blackjack card counting methods. The player would immediately know when to ask for more cards and when to fold. A lot of players might look at strategy as a difficult thing to learn. However, contrary to popular belief, it is pretty easy.
The Gambler’s Fallacy( Monte Carlo fallacy)
This is a myth that anything that hasn’t existed for a long time has now become overdue. For example, a coin will flip heads after a sequence of tails.
The gambler’s fallacy got the name Monte Carlo fallacy after a game of roulette when the ball hit black 26 times. All the players were shocked and all wagered against black. This was because the players thought that after a series of black there is sure to be a series of red to balance it out.
Players lost millions of francs on that day and since then it has become a synonym for the gambler’s fallacy. So new players should fall for these.
Misusing Casino Bonuses
Novice players appear to pursue every bonus offer. Bonuses are not free cash. They’re bundled with a variety of requirements. Such players end up depositing and wagering more than they can spare in search of bonuses. Other inexperienced players make the error of totally dismissing promotions. They’re missing out on the chances to boost their bankroll. As in most situations, the right answer is somewhere in the middle.
Going For Sucker Bets
Many casino bets earn you a decent return after deducting the small house edge required to keep the operation running. Yet once in a while, you’re going to come across wagers that are sucker bets. They usually offer an obvious lure to make matters better. An example of this is Tie bet in baccarat. It gives a payout of 8 to 1 against equal chances of typical bets. But the total return is just 86 percent, compared to 99 percent for even value stakes.
Not Going through the casino’s terms and conditions
This isn’t only a common mistake among newbies; some online casino veterans still make this mistake. when signing up at an online casino, take your time to get acquainted with their T&C. In this usually very long list of things lies all the information you need. You can find information on payment options, bonuses, deposit and withdrawal limits.
You’ll be missing out on much important information if you skip this. And in the long run that could cost you money. So, as a newcomer to the online casino scene, try to use this guide we have provided. Remember to gamble responsibly.
FREQUENTLY ASKED QUESTIONS
Slots from Microgaming. It is a well-established brand that employs the most well-known and trustworthy technologies for online casinos. The algorithms and machines that produce random numbers have been approved. They began in 1994 with the first online casino, Gaming Club, which is still operational and runs on the original Microgaming program. Their egalitarian jackpots are the largest in iGaming history, and the organization has reportedly paid out more than $100 million in the last decade. There is no dribble pay for major winners; instead, the jackpot is paid in full and automatically.
Mobile casinos are online casinos that either has applications that allow you to play on your mobile phone (such as an iPhone or an Android device) or have websites that operate well on mobile browsers. Since Google and Apple have reasonably stringent anti-gambling policies in their app stores, most smartphone online casinos operate by merely browsing the website in your mobile browser rather than using a dedicated gambling app.
No, most casinos have free play to help you get your bearings before you start playing for real money. The free games have the same chances as the real-money games, but they are not built to look better in order to entice you to play. It would be a breach of the law. What you see is just what you get!