Frequently Asked Online Gambling Questions
If you're just getting started with online gambling and more specifically playing at online casinos you may have some questions. Below experts from Casinova.org put together a listing of some of the most commonly asked questions by newbie players and answers to those.
Is it legal to gamble in the real money mode at online casinos?
It depends on which country you live in. However, in most countries, yes, it IS LEGAL to gamble in the real money mode at online casinos. There are very few countries that have made it illegal for players to gamble in the real money mode at online casinos. The online gambling laws are different in each country, and depending on exactly where you live will determine which online casinos are available to you. In most countries, you need to be at least 18 years old to gamble at an online casino, but in some US states you must be 21.
Also, before you can gamble in the real money mode at an online casino you would need to start by registering a real money account. You couldn't just visit a website, make a deposit and start playing. At some point, you would also need to complete the verification process which is designed to prove that you are who you say you are.
The casino will carry out the necessary due diligence to confirm that you are of legal age. If you don’t get your account verified, your account will be restricted, and you could end up begin completely frozen out of your account. To verify your account, you’ll need to supply the casino’s verification department with a proof of address, proof of ID and proof of payment method.
What types of payment methods can be used for depositing and withdrawing at online casinos?
There are plenty of perfectly secure payment methods to choose from at online casinos and the main payment methods that you are likely to come across include major credit & debit cards, eWallets and bank transfers. Cryptocurrencies are also becoming more widely accepted at a growing number of online casinos. When you deposit, you have to use that same method to withdraw. The best thing to do would be to head straight to the casino’s cashier section when logged in to your account to find out exactly which deposit & withdrawal methods they accept.
Some of the most widely accepted online casino banking options that you can use today include Visa, MasterCard, Visa Electron, Maestro, Diners Club, American Express, Skrill, PayPal, NETELLER, Instadebit, Interac, POLi, Direct Bank Transfer, Fast Transfer or Wire Transfer, plus several other well-known methods. Most of these methods are free to use, but when a fee is applied to your transaction, it will be minimal, and hardly noticeable.
Are the games fair, and how do I know I'm not being cheated?
Players have often wondered whether or not the games are fair at online casinos, and whether they are producing fair and realistic outcomes. The answer is that the games are fair and about as realistic as can be. The results that you see when playing at an online casino are produced by Random Number Generators (RNG). This software uses a mathematical algorithm program that has no discernible pattern, and it's frequently tested for fairness by one of several trusted third party online casino testing agencies.
Example: One of the most well-known online casino testing agencies is UK-based eCOGRA (eCommerce Online Gaming Regulation and Assurance). This non-profit organization has been keeping players safe since 2002. In addition to monitoring the fairness of the outcomes of the games, eCOGRA also several other important roles such as monitoring the day to day operations of hundreds of online casinos and other gambling sites. You will find that the average RTP% payout rate at many of today's best online casinos hovers between 93.00% and 98.00%.
This information is usually calculated on a monthly basis. Let's just say that the players spent a total of $ 5,000,000.00 on the slots between a certain period and received a total of $ 1,905,400 back in winnings during that period. It means that the slots during that time had an average 95.27% payout percentage rate.