How Fair Are Internet Casinos and Sportsbooks?
Online Casinos are fairer than many people realise. The “house” is happy making the normal profits of gambling. In many of the countries, the computer programs must be submitted to the government for thorough checking of fairness and integrity toward the player, and the firm also has to be guaranteed by one of the big international accounting firms.
In all cases with casino gambling the odds for single deck blackjack, for instance, are exactly the same with an Internet casino as with the real thing. The same is true for baccarat, roulette etc.
As for the gaming machine type games (slots, video poker etc) the player payout percentages are determined by the casino, and many will post what the percentage of payout is online.
Can I really win at these casinos?
You most definitely can and big! Most online casinos have a higher payout than land based casinos, and give you sign up bonuses and regular freebies. If you play the progressive you can have access to some major winnings. Over US$100,000.00 jackpots is not uncommon, even if you play the standard slots some superb jackpots are available.
How Do I Make Cash Deposits and Withdrawals at Online Casinos?
In all cases you will have to deposit money up front before you can gamble online. This will mean sending online casinos money via Western Union, Moneygram, cashiers cheques, money orders, wire transfers, credit cards etc. Most of them will take money almost any way you want to send it. Most will not take personal cheques as they would have to wait up to two weeks for the cheques to clear to the overseas location. Having said this, you can normally use personal cheques with prior approval from the casino, but your money will not be available for play until your cheque has cleared. Nearly all casinos now accept credit card deposits. In fact, these are highly recommended due to the low cost and speed of the transactions.
All casinos operate on the account system – you send them money and your account is credited for that amount. As you gamble, money is credited or debited as you win or lose. When you wish to withdraw money from your casino account (you don’t have to, you can leave it in for future gambling) you can do so in nearly all of the ways that deposits could be made.
Many operations now allow you to have money withdrawn directly placed back onto the credit card that you first deposited money into your account with. This option is recommended as you can access your winnings within days. Casinos charge reasonable fees for other withdrawal options.