1. Home
  2. /
  3. education
  4. /
  5. Everything You Need to...

Everything You Need to Know About Online Casinos

everything about online casinos

Gambling has been around since time immemorial. Online casinos are the latest way for players to get in on the action and perhaps offer more reasons than ever to get involved. This article helps clear up the confusion surrounding the industry and why it’s worth a closer look.

Are Online Casinos Safe?

As with all things on the internet, you have to be careful about the online casinos you visit. Many unscrupulous sites can masquerade as an online casino but only exist to steal your money.

Worry not; reputable online casinos hold the necessary licenses to indicate their legitimacy. You can often find these badges in the footer sections of an online casino’s website that hyperlinks to the official licensing board’s site.

Online Casino

Going one step further, these sites should be able to show their games follow fair practices. Betsoft casinos, among others, employ provably fair technology to ensure matches end without any form of bias.

Are Online Casinos Legal?

Online casinos are still relatively new, leading to some regulatory confusion in the United States. While gambling in certain physical locations has been legal for decades, states are slow to adopt new online practices.

At the time of writing, only seven states allow some form of online casino activity. The newest addition to this list, Nevada, only passed its law earlier in 2024. Individuals living in other US states are currently out of luck.

In other parts of the world, the legality of online casinos varies immensely across regions. Great Britain has well-established licensing authorities, while Canadians can play on any casino site that does not originate within its borders. 

If you live in Asia, Africa, Australia, or other parts of Europe, you’ll want to carefully check rules and regulations. Knowing what you can and can’t do will keep you out of hot water with the authorities.

Deposits and Withdrawals

Unlike traditional brick-and-mortar casinos, there’s no need to acquire chips before sitting down at a table. All transactions happen digitally, allowing players the chance to keep tabs on their earnings while potentially betting with multiple currency types.

In recent years, some online casinos have broadened their horizons to include less common forms of payment. While fiat currencies are often still accepted, authorizing the use of cryptocurrencies removes the tension surrounding currency conversion and offers players a chance to enter the arena on the same level.

Bitcoin is the most commonly accepted digital currency among online casino sites due to its popularity and immersion. More sites than ever are authorizing its use, and it’s even legal tender in places like El Salvador.

Some online casinos are reaching further, allowing the use of various altcoins such as Ethereum as well. If you have a preferred coin, verify the casino you’re looking at accepts it before signing up.

Types of Games

One of the biggest perks of online casinos is the lack of physical limitations on space. Sites can contain hundreds if not thousands of games, each just a simple click away.

Players will likely have no trouble locating their favorite table games, such as blackjack, poker, roulette, and craps. Slots is another incredibly popular option that exists on nearly every site.

What sets these online casino games apart are the seemingly endless ways to interact and play. Traditional styles give way to more complex offerings featuring different ways to win. Multiple themes, graphics, and soundtracks draw in and appeal to a wide audience.

Online Casino

Beyond the games we all know and love, most online casinos have specialty games less commonly found in physical casinos around the world. It’s possible to find completely unique options in addition to games like keno, bingo, lottery, and scratch cards.

Because online casinos bring in games from multiple developers, you’ll often be able to view win rates, return to player (RTP), and other important statistics that may lead you toward or away from a game. 

Bonuses and Rewards

With so many online casinos to choose from, sites turn to other methods for standing out in an ever-increasing crowd. As a result, there are a ton of bonus opportunities for new players to take advantage of. These offers usually look like matched deposits, free spins, and no deposit perks.

Of all these incentives, no deposit perks usually allow players to try out a site for free. It’s a great way to determine if the platform is your cup of tea before investing any of your own funds. Be sure to check out any and all terms and conditions before committing to anything.

Conversely, sites can offer rewards for wins or as part of a loyalty program. Sticking to a particular site can boost your chances of taking home extra cash or incentives you can use toward future plays.

Choosing the Right Online Casino Site

It’s easy to get overwhelmed when searching through the myriad of available online casinos. After taking a deep breath, start narrowing down your options using the following criteria:

Proper Licensing

Before anything else, check sites for the credentials that make them legitimate. Don’t settle for a badge on a site, but double-check the accrediting body for proof.

Available Currencies

Whether you want to use your home country’s currency or something from the blockchain, ensure the sites you’re checking out allow it. Some avoid certain fiat currencies for convenience sake, whereas others allow just about every form of payment under the sun.

Games to Choose From

Slots are by far the most prevalent game on online casinos, but options abound. Look beyond your favorite style of play to thematic experiences that will keep you coming back for more. Keep an eye out for other types of games you may want to try out in the future as well.

Sign-Up Bonuses

Don’t forget to check how far sign-up bonuses will get you. It’s entirely possible to receive free plays that let you investigate the site before making a more long-term commitment.

How to Get Started

Once you’ve decided on the right online casino for you, getting started is surprisingly easy. All you need to get plugged in is a device, internet connection, and some form of money.

Sites require some form of account creation before you can throw dice or spin your first slot. They tend to limit necessary information to protect the player’s privacy as much as possible. If you opt to link up a bank account, things do have to get a bit more personal. This is where using digital wallets may prove to be more advantageous.

Once you’re in, you’ll be able to play from anywhere online gambling is legal. The convenience alone is just one of the many reasons why playing virtually is taking the world by storm.

mm

Noah Zelvis is a writer with more than 18 years of experience under his belt. He started out by blogging his adventures overseas and quickly found success creating paid content thanks to his ability to convey his articles in a clear and concise manner. Equipped with an engineering background and an analytical mind, Noah has a passion for all things business and finance. His personal investment journey began at a young age, helping his grandma with her portfolio. That spark blossomed into a never-ending search for the best stocks Noah still carries today. He’s thoroughly researched the corporate financial world as well and has an innate understanding of the banking and credit sector. Other published works also include travel, running, video games, product reviews, and more. Now, Noah uses his expertise to share his financial and investment know-how here at Stock Dork. When not at his desk, you’ll likely catch Noah traveling or running.