Online gambling is a whole new territory for most gamblers. The benefit of being able to gamble at your convenience makes online gambling extremely appealing. However, for most people, gambling online is a whole new territory and one that comes with some concerns.
Perhaps the biggest concern for most people is cheating. There is the fear of being robbed of their hard-earned money by another player, the house or a hacker. You also have to consider cloudy legal questions as well as the increased risk of addiction.
So in this chapter, we’ll educate you on all you need to know about online gambling. This will help you decide if you are ready to explore cyberspace casinos.
Online Gambling Legal Landscape
You need to do your homework and make sure online gambling is legal in your area. Also, you have to thoroughly research any online gambling website before making your first deposit.
Online casinos can’t operate from within the US due to the Federal Wire Act of 1961. However, offshore online casinos are still available to US residents. Be sure to know the legal landscape of internet gambling where you live before venturing into it.
Understanding How Online Gambling Works
You’ll be forgiven to think online gambling won’t be very popular due to its risk. Yearly revenue from internet gambling is easily over the $10 billion mark. And this makes one wonder, “Why is online gambling so popular?” You don’t need to be Sherlock Holmes or Albert Einstein to answer that question.
The simple answer is convenience. You can gamble at your local coffee shop or from the comfort of your home. And games are available 24/7. Online casinos also try to make their games more realistic and fun by matching the sights and sounds you’d encounter when you visit a casino.
Online gambling is easy and straightforward. Obviously, you’ll need a computer and an internet connection. Then you’d need to download gambling software which is free and takes only a couple of minutes.
There’s always the risk of viruses invading your computer when you download stuff online. Make sure you have a good anti-virus program on your system.
Online Gambling Allows You Practice
One of the most popular features of internet casinos is that it allows you to get up to practice for free. And this allows you to become familiar with games and know all the rules. Even if you are an experienced gambler, you’ll still do well to practice.
This is because you need to be familiar with all the features as pressing the wrong button can make you lose money. I’ve been a victim of this, so I know what I’m talking about.
Bodog Casino comes highly recommended. They allow you to play for free and get familiar with all the features. And you don’t even need to download any software or sign up for an account.
Setting Up An Account
After practising and getting familiar with the different features, you should move to set up your account. Generally, it’s a hassle-free process that requires information such as your name and email address. You also have to choose a username and password. It’s important you backup your password as you can neither play nor access your money without it.
And should you forget your password, you can contact customer service to retrieve your password.
Online Gambling And Convenience
We said earlier that convenience is one of the main reasons behind the popularity of online gambling. Clicking and dragging with your computer’s mouse makes games super convenient. The games are also a lot faster than in-casino play. However, there’s a shortcoming and it has to do with money.
You can’t easily transfer your money to play or withdraw your winnings. There’s no dealer so you have to go through a few online hoops when transferring funds. However, most casinos allow you to deposit any amount you want. And there are a number of payment options available to you.
Payment And Credit Cards
One of the fastest ways to fund your online gambling account is through credit cards. Now, credit cards vary. Some banks may allow gambling-related transactions but most banks will not. And this is making online gambling a bit difficult for people.
But trust online casinos to find a solution to this problem. And they do this by making a gambling unrelated name or establishment which will appear on your credit card statement.
You can also pay through third party processor such as NETELLER and Firepay. They help you move money from your wallet to your online casino account.
Assessing Your Winnings
You’ll do well to keep records of your online casino websites, login information as well as your account balance. A lot of players leave (or is it forget) thousands of dollars in their account. And you know what, they never come back to claim it.
One of the good things about online gambling is that you can request either part of all of your money at any time. And most casinos send your funds within a day. Typically, your funds will arrive through the payment method you use for deposits.
As you can see, online gambling is fun and convenient. Since most people play slots online, you can this article to get a handle on the odds. We’ve taken you through all you need to know about online gambling so you can have an enjoyable gambling experience. Gamble smartly and have fun!