There are a number of online casinos that accept actual money wagers. Prior to gambling, most sites will require people to fill out registration forms and to download their casino software. For “real money” wagering, players are required to either purchase “chips” or set up accounts with a specified dollar amount. Payment is typically made using credit or debit cards, money transfers, or
other forms of electronic payment. Once registered, there are a variety of games from which to choose. Most Internet gambling sites offer casino-style gambling, such as blackjack, poker, slot machines, and roulette.
It is legal to gamble for money online almost everywhere. Very many countries allow online gambling and have issued licenses to numerous online casinos. However, the situation in the United States is slightly more complicated. In recent years, legislation has been introduced in an attempt to regulate and even ban gambling over the internet. However, the proposed legislation has not targeted the casual player gambling from their home, but rather the individual casino operators who accept real money wagers. Despite efforts by some factions to ban it, online gambling has become a billion dollar industry, and it is estimated that the majority of online
gamblers in fact, reside in the US.
As of now, legislation pertaining to internet gambling is a grey area,and undefined at best. Until recently, the United States federal government largely deferred to the individual states in matters related to gambling. Given the traditional responsibility of the american states regarding gambling, many have been at the forefront of efforts to regulate or prohibit Internet gambling. Several states, including Louisiana, Texas, Illinois and Nevada have introduced and/or passed legislation specifically prohibiting internet gambling.
Individuals are advised to consult their state and local authorities for any applicable laws in their area. For more information on the legal issues concerning online gambling, I recommend visiting the web sites of the following bodies: Internet Gaming Commission, and Gambling and the Law. Many millions of people currently gamble online in open, fair and honest environments. The fact is, that the odds of the games are always in favour of the house, and therefore there is no advantage for casinos to cheat their players.
Additionally, each time a game is played, the gaming software uses a random number generator to randomly produce the results. Many casinos claim that their games are tested for fairness by independent auditing services, such as SafeBet, or other major accounting firms. These reports are often displayed on the individual casino operators’ sites. There is an age restriction in place for gambling online. Generally, you must be 18 or older to legally wager money. Some sites may even require you are at least 21 years of age.
There are hundreds of online casinos to choose from with more opening every week, so how do you choose between them? I recommend that you review any online casino before making any actual money wagers. I also recommend that you choose a site that meets the following criteria:
That the site is licensed. Payouts are reviewed and certified by independent auditing firm. Customer support is responsive. Accreditation by sources such as SafeBet, and Interactive Gaming
Council usually indicate a trustworthy gambling website.
Some casinos offer no-download (usually Java or Flash based) versions of their casino games. However, the download games are usually higher quality with better graphics, sound and animation. Typical download times range from 25-45 minutes for 56k modem connections. Often,
casinos will let you choose which games you want to download,allowing for smaller file transfers and thus faster download speed.
Casinos generally accept deposits by credit card, check, money order, or wire transfer. Recently, most sites have introduced options like FirePay, NetTeller, ACH, 900 Pay, Citadel and other similar online payments. Most people use these online payment systems because payments can be sent immediately. Financial transactions should be handled by secure electronic cash systems similar to those used for other purchases via the Internet.
The methods for payment of winnings to successful clients varies from casino to casino. Many casinos will credit-back your winnings via the same purchase method which was used, but sometimes only up to the amount you have deposited. Additional amounts will usually be sent by check,bank draft, or wire transfer. Electronic transfers may activate a fee, either from the casino or your banking institution. The speed at which your winnings are paid varies by casino, so
consult the FAQ page of the site at which you are playing . Most will issue payouts within a few days of your request. Electronic transfers are usually processed in a few days, but standard mail may take much longer, because payments may be sent from overseas.
Most online casino sites offer both ‘real money’ and ‘just for fun’ accounts, so it is possible to “test-drive” the games before actually risking money. The ‘just for fun’ play is identical to the actual playing experience, except for the fact that no real money is involved. These ‘just for fun’ accounts are ideal for learning how to play games that are new to you and thereby improving your gambling skills. In conclusion, as with any form of gambling, only ever gamble with money which you can afford to lose.