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Why should the casino be licensed?

Casinos from our list provide licensed activities by reliable regulators. The security of any casino comes first. That’s why licensing is very important in gambling sphere. Gambling authority issues a license. Every platform that provides wagering, in particular slots, is required to receive a license. Reliable regulators make a full casino check in order to prove its fairness.

Here are some facts about casino licenses

• Doesn’t matter how many gambling licenses casinos have. In order to start a full casino operation, it has to receive a license. In fact, casinos must be registered under at least one jurisdiction. However, when casinos try to build trust among players, sometimes, they just get the licenses by easy authority. They get it without any problems. As a result, they receive several non reliable licenses, without having at least one with a responsible attitude.
• Players don’t pay attention to the license. If you don’t care about the casino license, please, make sure to check and be careful about it. It’s very dangerous to fill in your personal information with banking details to scammers and lose money.
• Licenses are not equal. We’ve already discussed that there are many casinos under different jurisdictions. However, not all of them provide equally reliable service. Some of the most popular regulators: Malta Gaming Authority, UK Gambling Commission, Curacao eGaming, Kahnawake and Gibraltar Gambling Commission.

How to identify the license?

Most casinos show the list of licenses and other certificates in the bottom of the home page. You can easily scroll down and see the stamp of a certain regulator. Moreover, there is a possibility to find the casino on the website of a licensor. For example, the UK Gambling Commission provides a list of casinos on their website.

Conclusion

In fact, gambling licenses are very expensive. As a result, casinos, which have a license, have to be very serious about gambling activities and customer satisfaction. They can guarantee trustful and fair experience for all players, especially for jackpot winners.

Experienced gamblers like bonuses, but they hate wagering requirements. The players know what they mean, that is why gamblers use them quite rarely. So, let me clarify what exactly the wagering requirement is, what reference it has to the bonuses, and why players recommend avoiding them.

Wagering requirements & bonuses

When you launch a gambling site for the first time, you can see the striking images offering you cash prizes and free spins. This is definitely attractive but remember that it’s not all gold that glitters.

The welcome offers have requirements. The wagering requirements are the number of spins a player makes with the given ‘welcome reward’ before he actually requests for payout. In other words, these wagering terms imply that you have to deposit, make several spins (x30, for example) and only then you can withdraw the money. If you won some, of course.

The number of spinning times (or hands) varies from casino to casino. It depends on their own requirements. So, remember to read the bonus T&Cs before claiming for the offer.

Why do experienced players recommend avoiding bonuses?

As you can understand now, the terms require you to deposit, get the extra money and play these rewarded money through. The last process goes on very slowly especially when the money sum is big. So, you have to make a lot of unnecessary spins. You don’t need them just because you’ll have little profit from the free prize in the end.

Let’s suppose you deposited $50, your offer claims you get 100% deposit and have to wager 30 times. Totally you have $100 to play. But you can’t make ten spins of $0.25 bet and make a withdrawal. You have to meet the requirements, so you spin 30 times. During these rounds you can go low beyond the rewarded $50 and touch already your own budget. As a result, you spend your money and don’t actually win.

Whenever you search for the online casino, you probably get shocked by the real amount of the casino sites that you see. I bet you haven’t even looked through a 1/4th of the search results in order to find the one. This is fine because you don’t actually need to know what these all casinos offer. You only need to know the top 20, for example. As a result you’ll have an impression on each one of them.

But just to be curious, in your opinion, how many online casinos are there on the Internet? 500? 1000? More! I give you an approximate number of 3000. However, this amount is already probably close to 4000. There are so many reasons nowadays for casinos to open.

In 2020, as we all know, all the people were forced to stay home for a long time. Some people have lost their jobs and couldn’t find a better earning option than online gambling. I admit, online casinos are not created for making money. Anyway, losing track of results doesn’t stop players from gambling day to day.

The online gambling industry is currently on the rise. There is no single doubt that in 2021 there will be more casino sites and more gamblers. The players who used to play in the land-based venues are making their way online as the casinos close their doors. However, it’s not the story of the online casinos. They welcome new players with open arms and give them a lot of opportunities at the very start.