Are online casinos safe and fair? Can I trust an online casino?
The simple answer to all of these questions is yes! Let me explain.
Does the online casino have a licence?
All of the online casinos reviewed on this site have a licence from the UK Gambling Commission. In order to obtain a licence an online casino has to meet very strict rules on safety, fairness and trust:
– must provide information on how to gamble safely
– provide a robust complaints procedure so if you have a disagreement you will know what to do
– procedures to protect young and vulnerable people
– keep customer funds in a separate bank account/s
– provide you with information on how to gamble responsibly and avoid spending too much time or money gambling
– tools to help you monitor or limit your gambling
– online casino is checked for suitability, including their financial circumstances
If an online casino is found to be acting illegally or does not have a current licence the Gambling Commission may take action against the online casino and the operator’s payment facilities may be withdrawn by the major payment systems organisations – notably MasterCard, PayPal and Visa.
Is depositing safe and is my personal data safe?
Online casinos use a variety of encryption techniques to keep your personal data secure. Most online casinos use Verisign Secure Socket Layer (SSL) encryption to protect their websites. SSL ensures that all data passed between the web server and browsers remain private and integral.
When you use a payment method your financial information is never shared with the online casino. For example 3D Secure is used for credit card and debit card transactions. 3D Secure is a security measure that is specific to your bank. It means that you have to enter a password when you deposit funds online. This password is only known to you and your bank.
Are online slots fair?
Online casinos use software providers to provide the actual slots that you play. These software providers also have licences and each slot has a Return To Player (RTP) percentage published. The RTP or ‘payout percentage’ associated with each slot, is an indicator of how much the slot pays out in relation to how much players wager on it. In the rawest terms, the higher the number the better for players as it means more of their combined wagers will be used as winnings.
The largest software providers are listed on stock exchanges and are audited by the likes of Price-Waterhouse Coopers and KPMG. They are also evaluated by eCOGRA and iTech Labs.
I trust the online casino and think the slots are fair but I’m not sure I trust myself?
For most people gambling is a fun leisure activity that is enjoyed without coming to any harm. You can set your own play and spend limits. Playing online slots should be all about being fun and responsible.
Like all online gambling playing on an online slot should be a fun thing to be doing, if it’s not stop playing. Also never chase losses… that means don’t keep losing, take a break; slots play should be viewed as a fun past time not a way of earning money.
Check the GambleAware website to learn more about gambling safely.
So as I said at the beginning of this article online casinos are safe, fair and you can trust them and the caveat to that statement is ‘as long as they have a licence’.