Money Laundering and Online Gambling
I’ve been thinking a lot about money laundering and its possible ties to the online gambling industry. Suffice it to say it is one of the main reasons why this industry has such a bad reputation.
You’ve most probably heard this saying before: ‘‘Listen, here’s the thing. If you can’t spot the sucker within the first half and hour at the table then you are the sucker”. If one looks at history, you’ll see that the US government does not suffer fools lightly. In 2010 it had its sights on the online poker industry which generated $1.4 billion from US players alone.
US Federal Government Nails Online Poker Sites
On 15 April, 2011 the US government indicted the founders of the world’s largest online poker sites. The online poker community dubbed it ”Black Friday”. It blind sided a large number of Americans who depended on the game for a living. …
Are Online Casinos Trustworthy?
I’m not writing this article merely to stir the hornets nest but to make you think twice before depositing your hard-earned cash at the first site that pops up. Which brings me to today’s article: ”Can operators be trusted?
In principle yes but more often then not this is not always the case. There are thousands of online casinos scattered across the Internet and only a fraction of them are reputable.
There have been cases where casinos have ”tampered” their software altering the payout rates for certain games. You’ve most probably heard the old saying that the house is always the winner believe me it’s the truth. Casinos are only in it to make money and loads of it, hence the old saying: ” The love of money is the root of all evil”. Thanks to technological advancement punters don’t have to travel to Vegas or Macau to gamble any more. The …
What Are Reputable Gambling Jurisdictions?
In my previous article I discussed ”How to Choose an Online Casino”. In this article I’m going to talk about the various reputable jurisdictions. Without a doubt this is one of the most underrated aspects when choosing a site to wager at.
History of Gambling Jurisdictions
I’d like to give you a brief overview of how online gambling came about. The first operators were licensed in the jurisdiction of Antigua and Barbuda in 1994. The country passed the Free Trade and Processing act which paved the way for online casinos to apply for licenses. The first software was created by Microgaming, a company based in the Isle of Man.
In 1996 Kahnawake (Mowhawk region in Canada) became the second jurisdiction to regulate online gambling. The first poker rooms were launched in 1998 there were 200 licensed operators back then as opposed to 15 in 1996. In 1998 the annual turnover from …
How to Choose An Online Casino?
Choosing a casino to wager at is no simple feat. There are literally thousands of online casinos scattered across the Internet, each vying for your business. You should choose a site just like any other item you would buy. In this article I’m going to discuss the characteristics of a reputable casino and how to choose one.
Characteristics of a Reputable Online Casino
A gambling site’s main prerogative is to make money and loads of it. More often than not many a player gets caught in the cross hair of the casino. Make sure that the casino is financially stable and that its support staff are professional and properly trained. Don’t sign up just because the site has a slick design.
”Some online casinos might not accept players from your country or they don’t accept Visa or MasterCard. A casino that offers a diverse selection of games, a better payout schedule, multiple …
Valuable Tips When Wagering Online
Wanting to beat and win large amounts of cash at internet casinos can be a bit overwhelming at times. Don’t use computer-generated software to help you win. There are a number of companies offering miniature gadgets to help you win at blackjack, roulette and various other games.
There are programs for your computer, applications for your iPhone, weird and fantastic devices your strap to your body, wires that is wrapped around your torso and so forth. In Nevada is a player is caught with any electronic device to help you win at blackjack, you won’t just be thrown out the casino, you’ll go to prison for ten years! Other casinos might be less draconian but the penalties are still stern.
One more warning watch out for scam systems. When you wager at your favorite site, you will be bombarded with offers from people who can sell you the only system on …
Payout Percentage Explained
Before you register an account with a casino have a look at its average payout percentage first. We endeavour to provide the payout percentage of each and every casino we’ve partnered with.
Online casinos normally indicate their payout percentage on their website’s home page. Make sure that a reliable and unbiased third party has verified the casino’s payout percentage. Audited payout increases the sites’ trustworthiness which creates an atmosphere of trust. Among internet and land-based casinos the calculation of payout percentages is relatively similar. In contrast, land-based casinos sometimes offer players worse odds than those offered by internet casinos. Software regulations, the probabilities on hand, payout ratios and gaming standards are ‘just’ some of the issues that a player must take into account.
Microgaming, Playtech and Realtime Gaming (RTG) are the premier gaming vendors. They offer free downloadable software and their software is utilised by the majority of operators. The vendor uses intricate mathematical algorithms created by …
What To Do When Conned By A Rogue Casino
The downside to this is, regardless of all the gambling forums, watchdog sites and various legitimate gaming associations out there, online gaming operators that are rogue will always find a way to scam their players. In this article we give a brief overview what to do when you’re scammed by an unethical operator.
As the old saying goes “prevention is better than cure”. To avoid being conned by a rogue casino always conduct proper research first. Even if you have followed the said guidelines and you suspect that you are a victim of a gambling scam here’s the following procedures you need to follow:
Don’t make any further deposits. Try and cash out immediately. In the event you’ve used your credit or debit card contact the banking institution immediately and notify them you have been the victim of internet fraud. If you’ve made use of alternative banking options such as: …
Online Gambling:Rogue Internet casinos
Examples of Rogue Internet casinos
Our main aim at cassaon-casino.com is not only to offer our players the most reputable online casinos to wager at but also to highlight those casinos that are unethical in their business practises and that have been termed “ROGUE” casinos.
According to the online directory it defines “rogue” as the following: to be deliberately dishonest a knave or a cheat.
These casinos are out to dupe players and are notoriously renowned for not compensating players in terms of player winnings, terrible customer service and also bonus manipulations.
Rogue internet casinos’ terms and conditions are extremely misconstrued and will do anything to mislead well-to-do online casino players. We at cassaon-casinon would like to point out some of these rogue internet casinos on the net today, so that honest players will not only take note of them but to avoid them at all costs.
Avoid these …
This Is How Casinos Con You!
Players searching for an online casino must beware of sites that say “Reputable Casinos”. At times they can be rogue. Sadly, there are a whole bunch of them lurking on the fringes of the Internet today. Their sole purpose is to lure innocent players away from established operators.
Sites who make an honest profit that’s why they remain in business. Like every business theses casinos have their monthly expenditures to cover and they must pay their staff at the end of each month. Reputable sites stay in business because they operate on a “house edge”- this enables them to operate at a profit. That said most internet gambling operators will not remain in business if they don’t adhere to this policy.
What are Rogue Operators?
On the opposite side of the spectrum we have rogue casinos. Their business ethics are unethical and their sole purpose is to dupe players. Rogue sites don’t last long, …
Choosing An Internet Bingo Hall Online
Our basic Bingo tips for today.
While tastes and desired options always vary from player to player, there are several key features that you should be on the lookout for whenever choosing an internet bingo hall. They are:
1. Game selection: Just like other types of online gaming sites, bingo sites vary considerably in terms of game options. The best sites offer multiple rooms, dozens of games with various card patterns, and jackpot and progressive games.
2. Schedule: It’s not the norm for bingo sits to have limited event schedules, but some do. Offering games only a couple of times a week. Unless you don’t mind waiting for a weekly game, stick with those sites that offer 24/7 play, with new games starting every 2 to 4 minutes or better.
3. Wide range of limits: Not all sites accommodate penny bettors as well as high rollers. Look for sites whose …