FAQ
The gambling industry is just the same as any other industrial field. Online casinos refer to the online gambling industry, to be more exact. Anyway, this occupation takes its position in the world economy. The online gambling business prospers making new sites appear on the market.
And like any other business, online casinos must be regulated by special laws and authorities in the field. The laws of your country state whether gambling is permitted or not. The specific bodies related to gambling act according to the laws of their countries and have a right to issue official licenses for online casinos.
The most known regulating authorities are Malta Gaming Authority, UK Gambling Commission, Gibraltar, Curacao and others. Under their jurisdictions the online casinos are obliged to follow the terms. If some rule was violated by the casino site, including mistreatments of users, the licensee imposes fines and even some restrictions up to casino closure.
There is also a different type of regulating bodies. They issue certificates to prove the games provided by the casino are fair. The popular authorities are the eCommerce Online Gaming Regulation and Assurance or just eCOGRA. Them and Independent Auditors carry on constant tests on all the casino games. The whole variety of the online games are tested for randomness and fairness. As for the random games, they are powered by RNG mechanism.
This is what you should know about casino regulation. Besides, as these bodies operate the work of legit casino sites, you should primarily test a selected gambling site accordingly. Check if gambling is legal in your country, if the casino has a license and certificates. Every respected online casino must provide this information to the public’s view.
Historically gambling is considered to be a total lie. For sure, when the gambling industry was only becoming popular, it was not operating very well in terms of security and innovations. Gamblers could easily cheat during the games. But the times have passed by, and now it’s hardly possible to cheat the casinos. Online casinos, in their turn, can’t cheat on the users.
Nowadays online gambling is a business. It’s the whole industry which takes its place on the world market. Online casinos are created to make profit on a regular basis. The sites provide service for playing and betting on the long-term period. The gambling companies are interested in keeping players and attracting new customers.
Any kind of cheating on the side of online casinos is not welcome by the senior authorities. Like any other industry, online gambling has got the regulating bodies. If they spot that a casino is deceiving a client, they will impose a fine. And this is a minimal punishment. In fact, the authorities can close the whole company and never allow it to operate another gambling activity.
All in all, it’s not reasonable for online casinos to be rigged. They would rather get big salaries constantly than cheating once and be ‘jailed’. If you think that your casino site is rigged and never lets you win, then maybe you should change the casino. There is a high probability that you have got into the fraud’s hands. On our site you can find the trusted casinos and ways how to test them for fairness.
It comes from the bad experience caused by frauds that gambling sites are not trusted. In fact, online casinos are safe. You can absolutely trust them. Though you can’t trust the fraudulent sites, it’s true.
It’s not actually hard to spot a fraud. I’ll give you some hints on how to avoid them. Try to remember and apply the ‘rules’ whenever you search for a new casino site to try out.
Licensing
License is the main and first thing to check on the gambling website. Every respected online casino should obtain at least one official license. It serves to prove that the site is operating correctly, doesn’t cheat on games and mistreat payers. The most prominent licensees are MGA, UKGC, Curacao.
If the gambling page doesn’t contain any info about the company name and licenses, it’s probably a fraud. Be aware.
RNG certificates
The certificates are another proof of trusted online casinos. The games should be random, as we know. There are special authorities that are responsible for the exact testing of games. They carry out examinations constantly just to assure that all games are randomized. The authorities are known as eCOGRA and Independent Auditors.
Again if you don’t see a sign of the mentioned testing bodies, then you probably face a fraudulent casino.
Security measures
Safety in an online environment is what each player seeks for when signing up. Everyone must know that their data is in a safe place (if we can call it on the Internet). Still, online casinos are obliged to provide total safety of the banking and personal info. No one wants their money to slip away from the bank account.
Check the T&Cs on the casino site, and remember to read the privacy policy to know what they collect your data for. If you agree with the terms, sign up. Otherwise, close the site window.
In conclusion
It’s your decision to trust or not to trust online casinos. You can’t really be sure that the selected site won’t pay you out. The only thing you can do is to check the gambling site for licensing, certificates and security. Besides, remember to search for real comments from gamblers. The information as a whole will give you a total impression on the online casino.
When you play the games, you obviously want to have a profit from online casinos. However, not always and not everyone can win on online casinos. Sometimes it’s the gamblers’ fault as they don’t meet the casino requirements or they can just miss their luck for some time.
Of course, the problem can be on the casino’s side. Some sites are fraudulent or just cheating. Though it’s totally illegal. Still you can stumble upon them any minute. So, what to do in order to avoid ‘bad’ casino sites and win money on online casinos?
Choosing the one
The first mistake towards your money dream can be choosing the wrong casino. You should select an online casino not by its cover, but by the service they provide. No doubt, the site should look attractive and catchy. But the support service, security, licensing, and of course banking system must be all appropriate. Speaking of the official license, the casino company has to obtain it in order to be proven fair in the players’ eyes. So, check the site for the mentioned points on a high level and remember to read real comments.
RNG powered games
The fair games are random games. The Random Number Generator is a key factor for players to win money. The mechanism is responsible for every single result in a game. It can make you a winner, and it can make you a loser. That is why RNGs have always been victims of hackers. However, not everyone can hack the randomizer so far.
Addiction to games
Generally, people who tend to lose money on online casinos are those who spend too much time playing. In other words, addicted gamblers have no understanding when it’s time to close the game. Addiction is a real problem for many people. They literally can’t stop spinning, thinking they can do better. But in fact they cannot. Only one thing separates them from winning. It’s the will to stop the game. To tell the truth, experienced gamblers can win the money, and they do win it. If only they could stop after that winning round, they would be already richer than the richest.
Money rules the world, as they say. And this is the real reason why players come to online casinos. However, not everyone can win big money on these casino sites. There are several factors that affect whether you win or not.
Luck
The first thing that mustn’t be failing on the players’ side is their luck. You know how it works. Sometimes your hand is so lucky that you win every round in a row. But there are days when you have failure after failure. So-called rainy days are affecting not only game results but your emotional status as well.
Randomizer – RNG
This thing was created to avoid any kind of cheating by online casinos and users. Users are safe to get the fair results, and online casinos know their games are not broken. Random number generators can directly influence the results of your session. Basically, it’s the same with luck. You either get a positive spin or negative one, and you can’t say which will be the next.
Addiction level
The most popular reason why players can’t win money and finally withdraw is that they can’t stop. Their mind tells them to keep spinning. They are hypnotized, so to speak. Whenever they feel like winning, they spin more and more. Eventually they win nothing. So, if you are an addicted gambler, even though you don’t know it, you can hardly win much on online casinos.
Small deposits
It can sound strange, but if you deposit too little, say $20, you can easily lose them all away. This is kind of a setting of RNG. They are programmed to leave a certain percent of your money to the casino (house edge). By the way, you automatically agree with this when you launch a game, as is stated in the gamerules. So, when you place bets and play, you are starting to lose the deposited money. And in order to get them back you need to place more bets. But the point is you might have run out of money. As a result, you’re left with nothing.
Concluding points
Players can win real money. Online casinos really pay out. If you fail to get the winnings, then probably you are lacking one of the mentioned factors. Thus you need to check them all in your case. If you can’t quit a game at the right time, work it out. If you deposit too small sums, make it a bit bigger. Finally, when you think the problem is your luck or randomizer, you need to take time and relax. Additionally, make up a betting strategy and place limits to the bets. After you get necessary experience, you will see how the real money can fill your bank account.
It is not a secret to anyone that online casinos are ‘tricky things’. People use them for money, and reversely, online casinos are using the gamblers’ attention to get the money. What’s interesting, the only party that takes the real big money is the casino site itself.
Fine, in defense of online casinos, I should say that online casinos do the dirty work collaborating with the services, providers and many more. As a result, they are presenting a ‘candy’. That is what you see – the attractive gambling site.
There are some stages that online casinos go through to make the continuous work successfully. Let’s see these steps more closely.
- Attention stage. At this point the online casinos attract players by ads on emails, social nets and specific sites. Once you get caught, the casino site starts handling your personality. In other words, you get attracted even more. Different bonuses and casino policy help with it.
- Registration. Obviously, after you get completely stuck on the site, you find yourself filling in the sign-up form. Congratulations, you’re a member of the casino.
- Depositing. This stage is the cream of the crop for online casinos. You give them your first funds. This money is still yours until you start playing.
- Bonuses. Perhaps, bonuses are the things that attracted you the most. They have pitfalls, to tell the truth. (You can read about it on our site). So, you claim for the bonus as you meet all the requirements.
- Games. If you started the game right with the real money mode, you will most probably lose them all (unless you have experience). So, you start betting, spinning, playing and winning or losing. It depends on RNG. The generator gives out fair and random results. Finally, you lose a part of your money that goes to the house edge (budget) of an online casino. Sometimes you win it back, sometimes no. If you want to return it, as soon as you get the total balance over your starting sum, quit the game.
- Withdrawal. You can withdraw at any time. Just make sure you’ve completed the bonus requirements if you’re using them. So you go to the banking page and select the payout option. Look through the methods available and fill in the form.
- Verification. This process takes time. If you are a newbie at the casino, it may take several days. Basically, the casino team just wants to make sure you are the real person, and not a fraud. At this stage the casino might ask for extra info and dos. You’d better give them everything they need.
- Payout. After the successful previous stage, they send your winning to the banking option you’ve selected. Wait for the money.
Before we actually estimate the total revenue of online casinos, I would like to mention that no one can provide the real amount of money earned by casinos per month or per year. Besides, it depends on the casino reputation and popularity. Fair and customer-oriented online casinos probably make more money compared to the income of the small, less popular gambling sites.
Online casinos have expenses too
Like any other business, companies working in the online gambling industry have to buy services, pay ‘for rent’ and other fees. The highest expense of online casinos is game software providers. A well-reputed casino has at least three partnered softwares, each of them costs about $11,000 a month. In addition, they all take charges from the games when players use it. The monthly charge is about 15% per game.
Apart from the providers, online casinos need to pay for marketing and affiliate programs. It’s again estimated about $12,000 a month. Add to this other payments for hosting, security services, salary to the team and additional expenses. Totally it equals to approximately $25,000 – $30,000 a month.
Yearly revenue of online casinos
Let’s take an average revenue amount of the online gambling industry a year. It’s around $50 billion a year. Thus, about $4 billion each month. It would be simple just to divide the sum by the number of operating online casinos, which is about 4,000 online casinos on the whole Internet. We consider small and big popular casino sites.
Dividing it all, we get $1 million per casino. But as I’ve already mentioned, not every casino works at the fullest. So, there must be about 20% online casinos that make a real profit worth approximately a million dollars.
Presumably, an online casino makes $1,000,000 a month. This sum covers the fixed expenses of $30,000 and payout to players, let’s say it’s $150,000 a month. Saying again, I’m not sure which sums are correct. Anyway, online casinos result in about $800,000 a month, which is approximately $10 million a year.
Slots are the most popular genre of casino games. There are thousands, or better to say millions of slot machines in the online gambling market. Every respected gambler knows which slot game has the highest RTP and which slot provider makes amazing HD animation. Online slots have the following features which are actually known to everyone in the business.
- Slots are simple, have special symbols and features that tend to help winning.
- Like any other casino game, slot machines are powered by RNG, so it’s totally impossible to cheat.
- Slots have the smallest RTPs compared to the table and live games.
Slots are hard to beat, that is true. They have the shield in the form of the RNG. However, don’t get upset too fast. You can’t beat it but you can increase the chances of beating it. There are simple rules that you have to follow in order to benefit from a slot machine session.
Start at the smallest
Your first bet should be small, the minimum. Make a couple of spins and raise the bet as soon as you win. However, when you get a constant range of losing results, lower the bet at minimum.
Keep the minimal track
The RNG is built to make you lose a couple of rounds. Or a couple of five rounds in a row. It’s okay. It never means that the slot is rigged (unless you play at the fraudulent casino). It just means that the casino takes its edge to the house. You will have that money back eventually. But you have to keep betting the minimum.
Quit at the right time
Sometimes it gets until you don’t have the money on your balance. This is happening to everybody. It means you’ve deposited too little sum. Still, if you don’t have spare money to deposit and have negative feelings about the session, you should quit. Close the game and the casino site. Come back when you feel free and relaxed.
Concluding
These are just simple recommendations but as soon as you try to apply them during your gameplay, you will see their advantage. They won’t make you waste a lot of money and will prolong your gaming process. It’s possible to beat a slot machine, but you have to be patient and have extra money in case you lose too fast at the start.
Using bonuses is one of the profitable methods to make money on online casinos. In fact, many gamblers have built up a strategy of making money on bonuses only. They’re not really interested in the games.
There is one condition under which players get the bonus money. It’s the terms. As you know, every bonus has T&Cs. Generally, these terms include wagering requirements like you need to spin 50 times before actual withdrawal. The terms are the point.
Appealing T&Cs
You have to search for the online casinos that have the following or alike phrase in the bonus terms: “…Bonus offer can be withdrawn at any time”. If you have found this, it’s comparable to a Jackpot. After you have deposited the minimum required, got the bonus cash and met all the terms, you can request the withdrawal. Absolutely without a risk of being banned for bonus abuse. However, it doesn’t mean that you will win. You can equally lose some rounds while you’re completing the requirements.
Table games & bonus
Using bonuses in table games is another strategy to make money on bonuses. It is known that table games have the highest RTPs, which means a player can have increased probability of winning results. The idea is that you deposit, get the bonus and meet the requirements while winning in table games. No doubt, you have a risk of failing rounds too. When you complete the terms, you can successfully finish the game and withdraw. Mind one thing: check out if the table game you select is valid for the bonus. Otherwise, you can’t use the offer in your favor.
What to do if you have lost the game, and haven’t yet met the requirements
You need to deposit once again. It may sound insane, but it’s the only way to take advantage of the bonus. After you finally complete the terms you can play a bit further if you have nice results. But don’t overspin. Some rounds can be failing.
No one can deny that roulette is a perfect game for winning. If you’ve lost playing this game, then you probably don’t know how to play it right. The casino game is easy and requires only little knowledge of the rules and betting stuff. Roulette at online casinos, especially in live mode, are full of benefits for players:
- You can place multiple bets and stay in advantage.
- Automatic betting strategies always bring profit.
- The navigating betting buttons are really helpful.
- In live mode you can see the dealer and chat with others.
In order to win a good fortune at roulette, you have only one thing to help you. It’s strategies. However, you have two options for applying these strategies. You can apply the known betting mechanisms which you can find below, or you can make up your own strategy based on your experience.
But, please, if you choose the second variant, practise the game in a free mode. As a result, you’ll get enough experience, you’ll learn all the nuances of roulette and make up your betting strategy that excludes possible mistakes.
Recommended betting strategies for roulette
Martingale
The system is quite simple. What you need to do is to bet even amounts of money on black & red, odd & even. In other words, wide ranges of betting positions. As soon as you lose a spin, double your bet in order to cover the losses. The system has an effect in a long-term period.
James Bond
The JB system requires a bigger first sum, about $200. Split it into three bets like $140 on high numbers of 19-36, $50 on the line with 13-18, and $10 on zero. If some number fails and you lose, just double the same bet. Continue doubling it until you return the money.
D’Alembert
The strategy is easy to apply. You need to increase your bet by $1 after a failing round and by the same $1 after a win. Again this system is effective in the long-term but still it doesn’t require much funds at the start.
