We have all heard the expression “the House always wins” and some players have taken this to mean that online casinos aren’t fair. So let’s be clear. This is simply not true and just about every online casino is fair and safe for you to play at.
When we say just about every casino is safe and fair, it’s important to note that there will always be casinos that are bad actors and you can run into trouble if you play at casinos that aren’t licensed by a trustworthy governing body. In addition, some casinos are better than others with regards to taking safety and security more seriously than others.
It is completely normal to be worried when you go to set up an account at an online casino. New casinos and game providers pop up all the time and it’s not always easy to know if they are safe and trustworthy.
We all know that the casino or the house is going to get their part. Without it they would be out of business in a matter of days. So saying “the House always wins” is partially correct, but it’s important to remember that we are talking about a very small part of what a slot or game turns over in its lifetime.
Take the progressive slot Mega Moolah fra Microgaming. The slot has a RTP (Return To Player) of 94%. That means 94% of the turnover goes back to the players. On top of that, Microgaming puts a percentage of their takings back into the slot to build the jackpot. So they are in fact making less than 6%.
Other slots can have an RTP of more than 97%, although the industry standard is about 96,5%. Looking at table games such as Baccarat and Blackjack, the house’s advantage is even smaller. In other words, operating a casino online is not the “get rich quickly” scheme many think it is.
The first thing you should do is check if the casino is recommended by us at Casino Hacks. We never recommend a casino that we know you can’t trust, or a slot from a provider that offers a terrible RTP.
By reading our casino reviews or checking out one of our videos, you will also learn where the casino is licensed. The licence says a lot about the casino and what you really want to see is Malta Gaming Authority and/or UK Gambling Commission, which are two of the most respected governing bodies in IGaming. Many serious casinos will have licenses from several governing bodies.
If the casino or slot provider is licenced by Malta Gaming Authority and/or UK Gambling Commission, you can feel secure in the knowledge that they have to abide by a strict set of rules and regulations.
For extra security, you can check if the game provider (NetEnt, Microgaming, Isoftbet, Play’n GO, etc.) allow their slots and games to be controlled by a trusted third-parties like eCOGRA, a leading independent and internationally approved testing agency, specialising in the certification of online gaming software and systems.
Another trusted third-party agency would be BMM Testlabs. They are one of the longest established independent testing organs for gaming. BMM is licenced and recognised by around 400 jurisdictions worldwide.
One would think that paying out massive wins in the millions would upset the casino and game providers, but in fact they love it. Any reputable casino or provider will shout it from the rooftop when a player wins big. In fact, the bigger the better.
Big wins are the absolute best PR they can get because it is guaranteed to attract more players.
Every day, millions of people all over the work play slots, roulette and poker online. You might not think that your friends play online, but it never hurts to ask or post on facebook and twitter. You are sure to get several recommendations and if you can’t trust your friends, well, it might be time to get some new ones.
We all know that playing online can be addictive and the newspapers often write stories about tragic cases where players have lost everything when playing online. Responsible gamling is no joke and even though you think it can never happen to you, you should have a look at the casino’s and game provider’s website.
If they are a serious establishment, they’ll have information about the subject and how you can get help. Every country have their own helplines and most of them are free of charge. If a casino or provider does not see the importance of this, just stay away. There are hundreds of serious casinos out there that do.
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