What Is An Online Casino?
Online Casinos are online versions of physical casinos, and enable online players to bet on casino games from home. Online Casinos are also known as virtual casinos, or internet casinos.
Online casinos usually match payback percentages offered by physical casinos, and often times payout a higher percentage. Trust issues are common with online casinos, and to counter this many casinos use well-known software for their casino programs to prove credibility. All casino software claims to use random number generators for slots, and dice – which is vital for the games to be fair.
Different Types Of Online Cainos
Online casinos come in three flavors, Web-based, download-based, and Live-based. Web and Download based casinos are the most common due to overhead costs. Web-based casinos allow players to gamble online without ever downloading any software. Games are flash based, and require a fast internet connection to load properly. Download based casinos require a software download to gamble. From the downloaded software the program connects to the casino, and games can be played.
Download based casinos tend to be faster and more reliable, however with the popularity of broadband internet growing these are becoming less necessary. The third is Live Based casinos,which allow online players to partake in live real world casino games from their home computer. Online players can see, and communicate with real world players in a real physical casino. These are much less common.
What Games Do Online Casinos Offer?
The typical selection of games offered at online casinos include;
Baccarat
Blackjack
Craps
Roulette
Slots
Poker
The Legality Of Online Casinos Worldwide
- Antigua and Barbuda – Legal
- Australia – Legal, Sports Betting is Also Legal
- France – Legal and TAXED Starting January 2010
- India – ILLEGAL Online Gambling Not Permitted
- Israel – ILLEGAL With the exception of online backgammon
- Russia – ILLEGAL
- United States – ILLEGAL to gamble using a credit card issued in the USA. Must fund all accounts with cash.
While many countries have banned online gambling, gambling laws can only be enforced by stopping financial institutions from doing business with casinos online. Anyone in the world can gamble at an online casino if they opt to fund their accounts with cash or money orders. This is how 90% of online players play in the USA, and its a spreading trend around the world since these online casinos are hard to tax. (ofcourse it always comes down to whether or not the government can make money on the business or not)