Gambling, or betting, is placing a bet on an outcome of an event. It is typically performed for financial gain. Gambling has been dated back to at least the 17th century when it was heavily regulated by the Chinese. As technology progresses so does gambling and with the rise of the Internet came online casinos that are now larger than land-based ones. Many countries then started to regulate their own internet gambling laws to keep up with this growth.
The most popular forms of online gambling are casino games like slots, blackjack and roulette (including live dealer) but there are also sportsbooks (betting on sports), poker sites (making poker hands out of randomly cards dealt by other players) and lottery sites (betting on a random outcome of a draw).
There are many different types of gambling and as such there are also various ways to bet. These include: betting on the outcome of an event against another person, placing a friendly wager between two people and betting against the casino (known as “the house”).
Many countries around the world like USA, Australia and many European countries ban online gambling but it is still legal in others like Costa Rica and Curacao where they offer licenses to local casinos like Online casino Joo Brazil. This article focuses on playing at legal casinos that adhere to strict regulations guaranteeing fair play.
What is safe online/live gambling?
Safe online gambling means not only making sure you always gamble responsibly but also adhering to strict rules set out by the online casino you are using. These rules can include procedures for complaint, responsible gaming options (so you can take breaks or not play at all), ensuring money is secure and that data privacy law is adhered to.
Most licensing bodies offer some sort of safe space where players can contact them should they feel like their gambling habits have turned into an addiction. They then provide counselling, chat rooms and other useful resources where people can help themselves or others in need. This will ensure that nobody has to go through any problems because of their own personal issues.
How do I know if a Gambling Website is Legal?
There will always be casinos using unlicensed software which means the company does not pay taxes on it. This can result in you not getting your winnings and even losing money. There is very little recourse should problems arise as the casino will usually be based outside of your country and will thus not adhere to local gambling laws. You also run a higher risk of your personal details being taken by these sites for phishing or identity theft purposes.
There are several ways to check if an online casino is legal:
– Find out if their software has been developed by a reputable company such as Microgaming, Playtech or Netent (see below)
– Check whether they have a license from Curacao eGaming – If it’s regulated by the Kahnawake Gaming Commission – Does it have a Money Laundering Information page on its website?
– Check if they are listed on any of these databases:
How do I choose a Legitimate Casino?
There are thousands of online casinos out there to choose from, the hardest part is finding one that’s reputable and transparent enough for you to trust. While many smaller casinos will try to differentiate themselves with bonuses or loyalty programs, unfortunately, this often goes hand in hand with not being able to pay out your winnings. So how do you know which ones are legitimate? The best thing you can do is research extensively before depositing your money. Things to look at include: – Is it licensed by Curacao eGaming? – Does it use games developed by Microgaming, Playtech or Netent (see below)? – How long has it been in business? – Is there a customer complaints procedure on the site? – Does it have warnings from other players for slow payments or not being able to cash out winnings?
Games Developed by Microgaming, Playtech or Netent are much Safer
Always remember that casinos are essentially businesses looking to make maximum profits. They will do everything it takes to ensure this happens, even if it means not paying you out when you win. Every casino claims they have a zero tolerance policy on underage gambling but how many people actually come forward with these issues? Unfortunately the math never works in your favour so always remember to gamble responsibly and never take out huge loans in order to keep playing.