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Before you start gambling at any new online casino, it would be
very much worth your while to check out a few simple details
about the casino site. Hey, you're trusting them with your
money, so they should disclose certain key information to you!
Knowing this information in advance could save you some
headaches.
* Is the casino licensed?
To qualify for a license, an online casino must meet certain
standards set in the country where the site is hosted. License
fees start from about $50,000 and are usually valid for at least
2 or 3 years. According to estimates, some 20% of online casinos
don't have licenses. Here's the golden rule: If they're not
licensed, don't play there!
* Does a reputable accounting firm certify the payouts?
A casino that values its good name will commission an accounting
firm to audit and report on the percentages of payouts.
PriceWaterhouseCoopers, for instance, reviews the historical
payouts to gamblers by Microgaming and its licensed casino
sites. You can usually read the reports on the casino websites.
* Does the casino belong to a reputable watchdog organization?
There are watchdogs and just plain dogs; you can't trust all of
them. Many times the so-called "watchdog" is nothing more than
an online advertising gateway to a group of casinos. If the
watchdog organization is any good, it will prepare a set of best
practices that must be observed by all participants, including
casinos, software dealers, casino portal sites and online
gamblers.
Here are a few more things you should check out before you start
gambling:
The important gambling message boards should reflect trust and
faith in the casino.
Any online casino should be affiliated to a physical,
non-digital casino.
There should be a self-labelling system for users to rate the
contents of the casino site.
The recognized and well-known casino portals should support the
individual casino website.
A casino that intends to succeed in the long term will go to the
trouble of building a well-structured site supported by reliable
software.
It will be monitored by an accounting company, and of course it
will be licensed.
This is the type of casino that doesn't have to crook its
customers to make a profit. It's the type of site operated by
owners who honestly and professionally work to entrench a
trusted and popular brand name.
About the author:
Ryan D. has been involved in the online casino and online
gambling industries for over 6 years as an operator, marketer
and consultant. Read more about Online
Gambling at his website.
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