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what online casino
The first thing to know about online casinos is that they are casinos, and that they are virtual casinos. Even though they are not gambling in the traditional, physical sense, you’re still in a casino that produces and dispenses real currency, your wins are being paid out in real dollars, and you’re losing money to the house in the form of a commission (or tax to be precise) on your gross winnings. For the purpose of this article, we are going to set aside the tax issue and look solely at the rules of play.
It might seem strange to you that an online casino advertises that it’s a real casino. You can browse their website, click to try out the games and spend real money while you’re there.
But when you eventually decide to deposit some money into your account, you’ll see something like the picture below. The big red “Welcome” bar seems pretty hospitable!
But when you play, you’ll see another kind of “Welcome” bar – the Casino Software License.
This means that the software provider licensed the casino’s games to their software provider. Once the casino is licensed, the software provider can then distribute the games to customers across the Internet – and hopefully also across your computer. The casino has stopped being a customer; it’s a provider, like XM radio, Microsoft or Betfair. It supplies the software and is in turn charged a licence fee for distributing that software.
There is also a second software license, required in some jurisdictions, to distribute software for online wagering purposes. For example, a US based license may be required for software to run in New Jersey. If you play for money, in a licensed jurisdiction, you’re going to be happy. But in countries without a licence, you’re only taking a risk with your money.
Online casinos tend to advertise themselves as having “better payouts”. They also tend to list their payout percentage – in most cases this is a totally meaningless statistic. It has no bearing at all on the amounts you can win or lose at play.
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For a more theoretical treatment of online casinos, including a description of the “roll back” function, see the How to hack online casino in the reviewsjoker.com.
Online casinos generally offer instant play functions where the game can be played and wagering done without download. In addition to offering instant play, online casinos may offer downloadable versions which include the game software, casino interface, and other content. The “downloads” may be provided on compact discs, magnetic media such as a floppy disk, or other medium. A new online casino may offer a variety of games, or they may specialize in a particular type of game, such as poker or bingo.
The online casino is the conduit for the online game, which has none of the physical properties of the non-online or brick and mortar casino. The interface is similar to that of online games. In addition, many online casinos offer the ability to play “scratch-off” games (sometimes called Lotto in the UK). Online casinos are constantly evolving, and many new online casinos have come into existence.
Enthusiasts of online gambling say that online casinos offer more flexibility than brick and mortar casinos, as they can offer table games and slots from anywhere. A person can play slots while sitting in front of the television, for example. As a result, many people enjoy playing at online casinos in the comfort of their own homes. Some players have also pointed out that there is a certain amount of “skill” involved in online gambling, as opposed to the “luck” of brick and mortar casinos. Online casinos also have the advantage of not requiring a player to take time off from work, and have even been able to offer “live” casino games. Online casinos are also said to have lower “gamble” requirements for their games. This means that many low-stakes games can be played, which has the effect of attracting new players.
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Internet casino games offered by online casinos are provided by various online game providers, such as:
Some of these game providers are:
Other game providers are:
These game providers are then licensed by, and regulated by, the relevant jurisdictions, such as:
Regulatory bodies also include:
These regulatory bodies help keep unauthorized or illegal operations from operating in their jurisdiction. Some of the most important of these regulatory bodies include:
Because of the existence of these regulatory bodies, they are able to help keep the public safe from harmful online gambling.
The above list is not all inclusive of all regulatory bodies. There are many more. When interested, visit a “Regulatory Bodies” page to find out more about the existence of such bodies.
Therefore, you can enjoy online gambling without any worries.