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|Frequently AskedQuestions |
What is InternetGambling?
What Is An OnlineCasino?
How Do I Start Playing?
How Safe Are InternetCasinos and Sportsbooks?
How Fair Are InternetCasinos and Sportsbooks?
How Do I Make CashDeposits and Withdrawals at Online Casinos?
What is InternetGambling?
Online gambling (also called Internet gambling) isusually the placing of bets on sports or casino typegames over the Internet. Sometimes it is also used fortelephone sports betting which means many advertisethrough the Internet. Real online gaming, however is whenthe betting, playing and collecting of money is donethrough the Internet. The nature of betting can rangefrom Sports bets taken over the Internet to casino stylegames to lotteries, bingo or keno.
In many countries online gambling is legalized and onlinecasinos are government licensed. For example, Antiguaallows online gambling and has issued licenses to onlinecasinos. Kahnawake, a Mohawk Territory in Canada, alsolicenses online casinos.
What is an OnlineCasino?
An online casino is an Internet site where you can playone or more casino type games, such as blackjack, forreal money. While some will let you play for free, thereal reason to play is the same as Las Vegas - To winmoney.
Generally, online casinos are of three kinds:
The first kind are those that require you to download aprogram for free. These casinos are usually the most funto play, but you will have the program on your harddrive. This means that you have to wait for theapplication to download from the Internet and theninstall it on your computer. Once installed, theseprograms typically offer great graphics, sound andanimation. Several years ago, (in the computer stoneage), hard drive space was much more precious than it istoday. If you bought your computer within the last twoyears, then you shouldn't have to worry about thedownload taking up too much space.
The second type is a casino that uses JAVA instead of adownloaded program. These JAVA applets run through yourweb browser. Some of these online casinos offer sound andanimation, and all of them offer some pretty goodgraphics.
The third kind of online casino uses all HTML and do notrequire any download time. Although these Casinos do notoffer the sound and animation of the other onlinecasinos, they do have great graphics and fast gameplay.The best way to find an online casino that suits yourcomputer and needs is to look at the Casino Gypsy Casinoreviews and rankings for a complete listing of the bestthe 'Net has to offer in online casinos.
How Do I Start Playing?
I suggest looking around at anumber of casinos before making any decisions. Especiallylook at the deposit requirements, minimum bets etc. Thereis quite a variety of Internet Casinos out there. Manywill let you visit for free and even place some betswithout signing up (You won’t win any money, but youcan play for free).
Once you pick a casino that you like, you will beasked to sign up. Usually this will mean filling out anonline form. Many will not even require that you giveyour name and address. You will end up with an accountnumber and a password. (Remember, if you only have anaccount number and password on file with them, and youforget them, you have lost your money)
How safe is anything. So far there have been almost noproblems with casino payouts and deposit security, butthat is not to say there will never be. Many of thejurisdictions require that the licensee posts bonds ofcash or insurance as part of the license requirements.
As an example, the groups licensed in Curacao have topost an amount of money equal to the average win in aspecial account in order to guarantee that they can paywinners. To even get a license, those who apply have togo through some extensive government checks.
Your personal security (including credit card detailsand other personal information) is also guaranteed underlicense agreements in many, if not all, jurisdictions.Most casinos and sportsbooks use secure servers toconduct all of their transactions, and all informationabout you is held offline. Many also take out insuranceagainst fraud.
Online Casinos are fairer than many people realize.The "house" is happy making the normal profitsof gambling. In many of the countries, the computerprograms must be submitted to the government forthourough checking of fairness toward the player, and thefirm also has to be guaranteed by one of the big eightinternational accounting firms.
In all cases with casino gambling the odds for singledeck blackjack, for instance, are exactly the same withan Internet casino as with the real thing. The same istrue for baccarat, roulette etc.
As for the gaming machine type games (slots, videopoker etc) the player payout percentages are determinedby the casino, and many will post what the percentage ofpayout is online.
In all cases you will have to deposit money up frontbefore you can gamble online. This will mean sendingonline casinos money via Western Union, Moneygram,cashiers checks, money orders, wire transfers, creditcards etc. Most of them will take money almost any wayyou want to send it. Most will not take personal checksas they would have to wait up to two weeks for the checksto clear to the overseas location. Having said this, youcan normally use personal checks with prior approval fromthe casino, but your money will not be available for playuntil your check has cleared. Nearly all casinos nowaccept credit card deposits. In fact, these are highlyrecommended due to the low cost and speed of thetransactions.
All casinos operate on the account system - you sendthem money and your account is credited for that amount.As you gamble, money is credited or debited as you win orlose. When you wish to withdraw money from your casinoaccount (you don't have to, you can leave it in forfuture gambling) you can do so in nearly all of the waysthat deposits could be made.
Many operations now allow you to have money withdrawndirectly placed back onto the credit card that you firstdeposited money into your account with. This option isrecommended as you can access your winnings within days.Casinos charge reasonable fees for other withdrawaloptions.