What Makes Online Betting Popular?
Online casino is one of the most prominent online industries these days and majority of the punters have positive feedbacks in virtual waging. Statista shows that the current global online gambling market is almost $ 59 billion and is anticipated to reach $ 92.9 billion by 2023.
What makes it popular?
The best thing about wagering online is it suits bettors from all generations. Boomers were able to adjust the trend the same with how the Gen Z enjoyed it. Gambling doesn’t have to be complicated like travelling to physical casino just to place a bet. All you need is a modern gadget and a strong internet connection.
What is an online casino?
It is an imitation of the physical casino having the same type of games and rules but played on any contemporary gadgets particularly smartphones and iphones with the help of a stable internet connection.
What makes an online casino different from the land based casino?
There are three main advantages that an online casino has which are not offered in the bricks and mortar casino.
Not so long ago, punters were skeptical betting online because of the cybercrime issue and they find virtual betting somewhat immature. However, as time went by many people realized its convenience and the joy of betting real money online especially if they had experienced winning. According to CasinoVibez, numerous online gambling operators made sure that they were able to meet the standard an expectations of the casino site they are into.
Online casino is a convenient type of gambling entertainment using gadgets and the internet as a tool to wager. It is compatible to almost all type of gadget including the personal computer, laptops and tablets. Though a casino site constantly upgrade, players can still have an access thru cloud gaming technology.
3. Benefits and Perks
Compared to bricks and mortar casinos, online casinos give more bonuses which include welcome bonuses and VIP. Online casinos offer coupons, promos and other perks to their customers and various free spins.
4. Diverse Games
Land-based casinos offer typical casino games like slot, table games, card games and many others. Online casinos also offer the same games but they jazz it up. You can play Texas Hold ‘em in a wild west or slots in outer space thru AI technology. The difference here is virtual casino games is fused with technology therefore gamers can be created in their type of games that they are playing and they can have an avatar (generations such as the Millennial and Gen Z virtual punters prefer this) if they wanted to. Online casinos offer more than 3000 various games which virtual punters can enjoy and they can have the chance to play any games using Artificial Intelligence like the Augmented and Virtual reality or the Live casino.
How to play in a virtual casino?
Online or virtual casinos come is two types – the Web-based and the Download-based. The web-based means that players can play any type of casino games without downloading it. It just needs a browser and a stable internet connection for a flawless gaming experience.
Download based on the other hand requires a player to download particular game software. This is recommended to extremely explicit graphics, designs and sound of a game and it doesn’t need a browser.
What are the types of games online casinos offer?
Virtual Casino games have two types of games players can choose – virtual and live dealer. Games that can be played virtually are determined by the PRNG or the Pseudorandom Number Generator.
What is a PRNG?
A PRNG is algorithm software which ensures that the outcome of all games played is unpredictable, random and fair.
Live Dealer is a game wherein the player can have the opportunity to interact with human croupier and meet other players from all over world. Live dealer imitate the physical casino ambiance and is one live stream real time. Communications are done thru chatter bots provided by the site.
Casino games that are typically played in an online casino:
As mentioned, all major games played in a land-based casino can also be enjoyed here plus the graphics and sounds which gaming experience livelier. Here are the games that you can enjoy.
- Sic Bo
- Slot machines
Benefits in virtual betting
This is one of the advantages of betting online because they offer competitive bonuses plus higher odds and cashback percentages to the players. Promos and incentives are also offered like coupons and tournaments. Online casino provides more benefits and other perks compared to land-based casinos. Majority of land-based casinos offer Welcome bonus and Rollerback/ VIP bonus.
The following are the list of the bonuses virtual punters enjoy in a typical casino.
- Welcome bonus
- Referral bonus
- Cashback Bonus
- No Deposit
- Non-cashable or sticky bonus
- Free Spins no Deposit
- VIP and High Roller
Is it safe to wager online?
Betting virtually in an online casino is safe. Majority of the virtual casinos assure maximum security by purchasing solid firewall which is capable of filtering malicious sites and immediately eliminate them before it can get to the site.
The Secure Sockets Layer or the SSL safeguards data and makes sure that the internet connection is safe from cyber criminals and hackers.
When it comes to authenticity, all decent online casinos are required to get a license and must be renewed months before its expiry. It is advised to look for its license.
How about the security? Are all virtual casinos licensed?
It is mandatory for an online casino to secure a license to be considered legit and for them to be trusted by their customers. Prospective players often look for license before making signing up and make a deposit in a casino site. If they don’t find any license in a casino platform of if it is not properly renewed, they will check another site and move on.
The following are the legit countries with jurisdictions in obtaining an online casino license:
- Curacao eGaming
- Isle of Man Gambling Commission
- Kahnawaker Gaming Commission
- Antigua and Barbuda Gambling License
- Malta Gaming Authority
- UK Gambling Commission
- Gibraltar Betting and Gaming Association
- Alderney Gibraltar Control Commission
Wagering online is the most favorable past time of the majority nowadays because of its accessibility and trouble-free plus betting amount are easy on the budget. Nevertheless it is still advised to put a limit and not to over indulge in betting.