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Monday, January 24, 2005
CASINO FAQ's
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What is Internet Gambling?
Online gambling (also called Internet gambling) is usually the placing of bets on sports or casino type games over the Internet. Sometimes it is also used for telephone sports betting which means many advertise through the Internet. Real online gaming, however is when the betting, playing and collecting of money is done through the Internet. The nature of betting can range from Sports bets taken over the Internet to casino style games to lotteries, bingo or keno.
In many countries online gambling is legalized and online casinos are government licensed. For example, Antigua allows online gambling and has issued licenses to online casinos.
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What is an Online Casino?
An online casino is an Internet site where you can play one or more casino type games, such as blackjack, for real money. While some will let you play for free, the real reason to play is the same as Las Vegas - To win money.
Generally, online casinos are of three kinds:
The first kind are those that require you to download a program for free. These casinos are usually the most fun to play, but you will have the program on your hard drive. This means that you have to wait for the application to download from the Internet and then install it on your computer. Once installed, these programs typically offer great graphics, sound and animation. Several years ago, (in the computer stone age), hard drive space was much more precious than it is today. If you bought your computer within the last two years, then you shouldn't have to worry about the download taking up too much space.
The second type is a casino that uses JAVA instead of a downloaded program. These JAVA applets run through your web browser. Some of these online casinos offer sound and animation, and all of them offer some pretty good graphics.
The third kind of online casino uses all HTML and do not require any download time. Although these Casinos do not offer the sound and animation of the other online casinos, they do have great graphics and fast gameplay. The best way to find an online casino that suits your computer and needs is to look at the list of Top Internet Casinos for a complete listing of the best the 'Net has to offer in online casinos.
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Is Internet Gambling Legal?
Technically yes, internet gambling is legal. But there many issues to think about and to resolve.
There are many sites on the internet where you can place a bet, or gamble. They are in places where gambling is legal. Gambling is an issue that is regulated by state. The internet however uses wire communications which allow you to place a bet from almost anywhere. Organized gambling does work best in a regulated environment, professionals say.
Internet gambling can be performed in almost all traditional manners. The most popular types of betting are online casinos which feature just about every game available in physical casinos, and sports wagering. In May of 1999, there were over 250 online casino sites and 139 online sports books. Through the internet, anyone can wager on casino games or sporting events. This ease of access, combined with simple gambling ethics, will inevitably lead to federal and state regulations seeking to either restrict access to these sites, or to more regulate the use of them.
There has been considerable debate concerning proposed legislation that addresses the world of internet gambling. The debate concerning the validity and applicability of these laws however, has just begun.
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Where are Online Casinos located?
All online casinos are located outside the U.S. They are generally licensed in the country they are in and have to report to the local government to some extent. Costa Rica, Curacao, St. Kitts, Grenada, Dominican Republican, Gibraltar, Cook Islands are just a few countries that license them. Having said this though, most of the companies that run casinos offshore are actually operated from the US - it is just their servers that are located offshore. The reason these small countries allow Online Gambling operators to set up is because it can help boost their economy. Companies pay anything up to $100,000 to gain a gaming license in these countries, as well as paying ongoing taxes to the local Government.
The situation in the United States is a little more complicated. The US Senate, led by Senator Jon Kyl of Arizona, has been moving forward with legislation that will make most forms of online gambling illegal -- including gambling at online casinos. How this will be enforced if it ever becomes law is unclear. The proposed legislation targets casino operators, not the average person gambling from their home.
In contrast, Nevada is considering legislation that would allow Las Vegas casinos such as Caesar's Palace and Harrah's to legally operate online casinos.
Some online casinos are not accepting wagers from United States residents until the laws are clarified. Even so, some estimates indicate that up to 90% of online gamblers are in the US.
Currently, all online casinos operate their servers outside the US. Most are located in the Caribbean and Kahnawake, where online gambling licenses are available
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How real are Online Casinos?
Internet casinos are just as fair as regular city based casinos. The casino game software that is used for gambling at the casino sites has to be submitted through the government and it's gaming regulations board for testing. The casino games that are passed to be used at internet casino sites are as fair as playing the actual games.
The probabilities for all software games as the same as with regular casino games. Therefore, you receive the same odds for winning and losing at an internet casino site that you do inside a real casino.
Understand that internet casino sites are watched very closely and regulated. Putting up an internet casino site for the purpose of ripping people off cannot really be done without suffering the penalties of the law. Such a site cannot exist on the world wide web without being discovered by authorities.
In essence, it is safe to gamble on the internet with your money
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How do i start playing in an Online Casino?
We suggest looking around at a number of online casinos before making any decisions. Especially look at the deposit requirements, minimum bets etc. There is quite a variety of online casinos out there. Many will let you visit for free and even place some bets without signing up (You won’t win any money, but you can play for free). The best way to find a casino that suits your needs is to take a look at our Top Internet Casinos page.
Once you pick a casino that you like, you will be asked to sign up. Usually this will mean filling out an online form. Many will not even require that you give your name and address. You will end up with an account number and a password. (Remember, if you only have an account number and password on file with them, and you forget them, you have lost your money) The next step is an important one - depositing money into your casino account. You can use your credit card or other online payment sites like Pay Pal or Fire pay.
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