Online casino betting is relatively new. The first online casino started in 1994 and since then, the industry has been slot developing rapidly. In today’s day and age, such a casino information website wouldn’t be complete without at least an overview of both the land-based gambling industries, and online and mobile gambling. Today we shall take a quick look at the development that has taken place over the last 10 years to reach what we have today.
First of all, the basic idea behind online casino gambling was to remove the physical casino from the equation. Many of the critics of online gambling and online casino betting claim that because we are not actually “playing” a casino, there is no need to pay any money to do so. This is true, to an extent. But even if you were able to avoid making a deposit, you would still need to pay for the services of a casino receptionist, software developer and, in many cases, a bookmaker.
While some may argue that the internet is bringing the world closer together, it is also slowly killing the local community spirit generally. Online gambling has become more widely spread throughout the United States and Canada. While some of the traditional brick and mortar casinos are staying put (including the aforementioned Rhode Island casinos), many of the more prominent ones have either moved or planning to move. In light of this, many tourists and gamblers are starting to look towards the World Wide Web as a better solution for sports gambling, especially in light of the recent scandals in the online sports gambling industry. This trend seems to be here to stay.
The most important thing to take into consideration when looking at online betting casinos is their house edge. The term ‘house edge’ refers to the amount of money that the casino owes to its customers every month in wagered winnings. By the time the casino has paid their affiliates, maintenance, electricity and security bills, they have probably spent about one hundred grand in wages and other miscellaneous fees. If you were to wager at a typical brick and mortar casino, you would expect to walk out with about two hundred grand – the difference being that online betting casinos owe their patrons even more.
Unfortunately, this house edge is the one factor that makes online gambling by any means a safer bet than it would be in a normal brick and mortar casino. On the other hand, it is a very important thing to note that this advantage does not extend to all online betting casinos. There are online gambling facilities that are nothing more than glorified internet casinos where you can wager any amount of money that you want. In fact, there are some online facilities that are so poor that they actually require you to sign up to become a member in order to bet at their site! These casinos often do not have customer support, have poor customer service policies and are staffed by people who have never experienced playing in an actual casino before.
This brings us to the final benefit of online casino gambling, and that is the anonymity. You will never have to worry about picking up your favorite beverage at a gas station or picking up your newspaper at the local newsstand while listening to the tell-tale click of the teller’s fingers counting the change. All of these and many more factors are incredibly valuable to players like you, who seek a place to unwind from a hard day at work without having to worry about being bothered by a fly-by-night casino. In order to avoid becoming a victim of such a fraud, always make sure to research any online casino gambling facility that you are considering visiting and make sure to check with the local police and fire department to see if they have received any complaints regarding such an establishment. By doing so, you will ensure that you will never become the next victim of online casino gambling fraud.