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Monday, March 14, 2005
How Do I Start Playing?
I suggest looking around at a number of casinos before making any decisions.
Especially look at the deposit requirements, minimum bets etc. There is quite
a variety of Internet Casinos out there. Many will let you visit for free and
even place some bets without signing up (You won’t win any money, but
you can play for free).
Once you pick a casino that you like, you will be asked to sign up. Usually
this will mean filling out an online form. Many will not even require that you
give your name and address. You will end up with an account number and a password.
(Remember, if you only have an account number and password on file with them,
and you forget them, you have lost your money)
How Safe Are Internet Casinos and Sportsbooks?
How safe is anything. So far there have been almost no problems with casino
payouts and deposit security, but that is not to say there will never be. Many
of the jurisdictions require that the licensee posts bonds of cash or insurance
as part of the license requirements.
As an example, the groups licensed in Curacao have to post an amount of money
equal to the average win in a special account in order to guarantee that they
can pay winners. To even get a license, those who apply have to go through some
extensive government checks.
Your personal security (including credit card details and other personal information)
is also guaranteed under license agreements in many, if not all, jurisdictions.
Most casinos and sportsbooks use secure servers to conduct all of their transactions,
and all information about you is held offline. Many also take out insurance
against fraud.
How Fair Are Internet Casinos and Sportsbooks?
Online Casinos are fairer than many people realize. The "house" is
happy making the normal profits of gambling. In many of the countries, the computer
programs must be submitted to the government for thourough checking of fairness
toward the player, and the firm also has to be guaranteed by one of the big
eight international accounting firms.
In all cases with casino gambling the odds for single deck blackjack, for instance,
are exactly the same with an Internet casino as with the real thing. The same
is true for baccarat, roulette etc.
As for the gaming machine type games (slots, video poker etc) the player payout
percentages are determined by the casino, and many will post what the percentage
of payout is online.
How Do I Make Cash Deposits and Withdrawals at Online Casinos?
In all cases you will have to deposit money up front before you can gamble
online. This will mean sending online casinos money via Western Union, Moneygram,
cashiers checks, money orders, wire transfers, credit cards etc. Most of them
will take money almost any way you want to send it. Most will not take personal
checks as they would have to wait up to two weeks for the checks to clear to
the overseas location. Having said this, you can normally use personal checks
with prior approval from the casino, but your money will not be available for
play until your check has cleared. Nearly all casinos now accept credit card
deposits. In fact, these are highly recommended due to the low cost and speed
of the transactions.
All casinos operate on the account system - you send them money and your account
is credited for that amount. As you gamble, money is credited or debited as
you win or lose. When you wish to withdraw money from your casino account (you
don't have to, you can leave it in for future gambling) you can do so in nearly
all of the ways that deposits could be made.
Many operations now allow you to have money withdrawn directly placed back
onto the credit card that you first deposited money into your account with.
This option is recommended as you can access your winnings within days. Casinos
charge reasonable fees for other withdrawal options.Strip Poker Casino
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