Regulators Demand Transparency with Casino Game Paybacks
There was once a Wild West feel to the online gambling environment, with lack of regulation that left the marketplace open to abuse from those looking to fleece online gamblers out of their bankroll.
In fact many fraudsters did just that, and a lot of trust was lost between online casino game players and some of the operators of those sites.
However, slowly but surely, governments across the globe looked at legalising online gambling related sites and tasked their respective Gambling Commissions with licensing and regulating each of those that were located within their boundaries.
Thanks to them doing so, if you fancy trying your luck playing any type of casino game online, you will not need to spend hours choosing the right site, just find a casino that is licensed in your country of residence and you will be assured for a first class and safe online gaming experience.
Some of the Stunts and Tricks Casino Operators Pulled
Whilst you will not have any worries when gambling online these days, if you do follow the advice above, when the regulation of casino sites was non-existent, some but not all casino operators in the 1990’s when casino sites first appeared online pulled all manner of stunts and tricks to part gamblers from their bankroll.
One ruse which was often pulled was to lure a punter in to making a deposit in exchange of a large bonus and then amend the rules of the bonus once they had been credited with it and started to play their bonus credits off.
They would change the terms and conditions in such a way that it would be impossible for the player to achieve things such as a play through requirement or they would make sure games a player had played were not permitted games to play with a bonus, hence giving the operators of those dodgy sites the right to void out a player’s winnings and keep their deposits, citing bonus abuse.
Some other stunts pulled were simply outrageous, such as refusing to pay out any winning players, and with no one with any teeth to help those winning players, they would never get paid.
Luring players into claiming a bonus when they had a withdrawal pending was another trick that was pulled, many a casino site would offer huge bonuses often more than 100% in value, if a player would reverse their withdrawal and play on.
The upshot of that, by keeping players waiting for a withdrawal to be processed would see many of them reversing their cash outs in exchange for that huge bonus, and many of them would lose what they had won when they did so.
Certified Fair Games and Complete Transparency
Thanks to the intervention Gambling Commissions across the world, you now have many protections when gambling at a fully licensed and regulated online casino site.
One thing that is guaranteed when you set about playing any casino games, is the fairness of the games. A great deal of time, money and effort is spent on the verification of such games and each game design studio must submit their games to be tested fully long before they ever go live on a casinos gaming platform.
Each game is put through millions and even billions of test game cycles to ensure they perform as they are expected.
Another thing that is valuable for players to know is the long term expected payout percentages and the bulti in house edge each individual game has been built around.
To ensure complete transparency you will find listed on most casino websites or at the very least on the pay tables or help files of each individual online casino game the expected paybacks, and as such when playing slots or video poker machines you will discover the RTP’s of each game fully published.
The house edges of games such as Roulette and Blackjack and all other casino card and table games will also be made known to you at licensed casino sites as well.
It does of course go without saying that the savviest gamblers are only ever going to be interested in playing the better paying games with the highest possible set of paybacks on offer. So makes rue you do just that if you are ever tempted to gamble online.
It is also worth knowing that you can of course sample any casino games online for free, and to do so you simply need to play the demo mode versions of the real money games.
Just so you know, those games are by law required to be designed with the same payout percentages and house edges as the real money versions, and as such when playing for free you will get a good feel for the way the real money games will also play and pay should you decide to give any of them a whirl.
