HOW OLD DO I HAVE TO BE TO PLAY AT AN ONLINE CASINO?
That depends on the casino and your location. In every case I’ve seen, the age is either 18 or 21.
IS IT REALLY NECESSARY TO INSTALL A PROGRAM FOR YOU TO START PLAYING?
Not really, but then it depends entirely on which games you want to play and the casinos you play on. Most casinos today offer the option of playing their games directly via your browser. In other words, there is no necessity for you to download and install the software for you to play casino games.
THE WINNINGS THAT I MAKE WHILE GAMBLING ONLINE, ARE THEY TAXABLE?
Yes, they are. Any winnings that you make from online gambling are taxable. (Check with your local jurisdiction)
IS IT LEGAL TO PLAY AT ONLINE CASINOS?
Yes, it is legal to play at online casinos. Some countries have certain restrictions on online gambling, but most of the problems we hear about in the media in terms of online gambling and whether it is legal or not is about whether the providers does not have a permit to offer online gambling. If you aren’t sure about your local regulations regarding online gambling you can check up with the laws of your country before you start to play. All of the gambling sites you’ll find here on www.jackpotpicker.com have been checked by us and they all have the necessary permits and necessary licenses needed in each country.
ARE ONLINE CASINOS SAFE?
Online casino operators with a good reputation spare no efforts in safeguarding their players’ personal information, as they recognize that security is paramount in the industry. As such, they carry out all their transactions over connections that have military grade encryption (128-bit). Therefore, whenever you enter your credit card details, this information is automatically scrambled so that no one else can read what you’ve entered. As for the casino’s information database, the encryption ensures that only select individuals can access it, be it personal or financial.
However, you must of course not tell others about your passwords and stuff like that – it would indeed be really stupid. In this case it is considered to be your own fault and you risk a prosecution for fraud – so watch out for your passwords, PIN codes, etc. If you see that your credit card has been used by others, you must contact your bank immediately so your card can be closed. Otherwise you might be liable for fraud. We have never seen one single online casino, poker room or a bingo hall that have taken money unjust from our VISA cards. We have tried out quite a lot of casinos during the last decade. So there is no great cause for concern.
WHO LICENSES AND REGULATES CASINO GAMES?
There are licensing bodies whose sole purpose is to serve as industry watchdogs, awarding operational licenses to those casinos that are legit, audited, and whose numbers and outcomes are authenticated. It is very hard to acquire an online casino license. Offshore gambling licenses are very popular among online casinos. The most reputable licensing jurisdictions include Malta, Gibraltar, Alderney, Curacao, Kahnawake, and Antigua & Barbuda.
WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF ONLINE CASINOS?
There are lots. The biggest advantages of online casinos are convenience, lower stakes and promotions.
- They are open 24/7 – 365 days a year;
- You get the casino software for free;
- There is no “dress-code” – it is entirely up to you what to wear while you play;
- Online casinos have much higher pay out percentages than most other gambling can offer you;
- Most of the Onliine casinos recommended at www.jackpotpicker.com will give new players a signup bonus to welcome them.
- You can play for fun and practice your gambling skills before you decide to wager for real money.
The biggest disadvantages are dealing with legalities, shoddy casinos and banking challenges like available banking options and processing times.
CAN I PLAY CASINO GAMES ON MY MOBILE?
When the online gaming industry was starting out, the mobile gaming platform was non-existent as smartphones had not yet seen the light of day. Today, you’ll find lots of casinos offering games that are compatible with your mobile phone. There are iPhone games, iPad games, iPod Touch games, Blackberry games, Android games, and even Windows Mobile games. These casinos offer games not just for phones but also tablets. Most of the largest online casinos are already offering a mobile platform for their gamers due to their huge popularity, as players get to play on the go.
CAN I PLAY WITHOUT USING REAL MONEY?
Yes. Most online casinos let you play for free in a way of „lent” money. However, keep in mind that at most casinos you’ll still need to create an account.
HOW DO I KNOW THAT THE GAMES AT THE CASINOS ARE NOT FIXED IN THE FAVOR OF THE CASINO?
Big-name online casinos are examined and audited on a regular basis. If you’re trying to choose an online casino, make sure you look into its auditing and testing history to make sure it has been properly regulated by trusted firms like eCOGRA. Also, licensing from a reputable gambling authority also guarantees fairness.
IS ECOGRA LEGIT?
If you ever entertain the thought of playing online casino games, then you’ll want to look for online casinos that are eCOGRA certified. eCOGRA (eCommerce and Online Gaming Regulation and Assurance) is a legit non-profit company that sets the standards casino operators must meet in order to give players a fair and safe experience. The eCOGRA standards require a casino to be audited on a regular basis by an independent auditor. If an online casino meets these standards, the casino is given an eCOGRA seal of certification that you will find proudly displayed on the website, usually at the bottom of the home page. The eCOGRA seal of approval puts players at ease when they visit these casinos because they are assured they are at casinos that are legitimate, customer-focused, and operated carefully.
While playing at an eCOGRA casino, you get protection on very many different levels. You know your information is safe and secure, all deposits in your account are safe and secure, you’ll receive fair treatment, the operator is responsible, the games are random, and so much more. In short, you can relax and enjoy yourself knowing that you are playing in a fair environment and are well protected. The eCOGRA Safe & Fair seal of approval is one of the most important credentials in the industry of Internet gaming.
HOW DO CASINOS MAKE MONEY?
A casino is a business like any other, like your local bowling alley or video arcade, and so it has to make money in order to keep its doors open. This makes real money games the driving force of the operations. The underlying principles for casino money generation are not in players’ deposits, but in wagering and playing, and they include the house edge, variance, and return to player (RTP).
When a casino advertises a payout percentage of 98% or any other number, what does this number represent and how is it calculated? How do I calculate my personal payout rate for a game?
The payout percentage is the ratio of the money a player wagers to the money they win. So if a casino has a payout percentage of 98%, it means that if a player wagers $1 million, he will win $998,000 and the casino will keep the remaining $2,000. Of course, when players recirculate the same money, the edge of the house will grind down the bankroll. In the end, players will retain a lot less than 98% of money wagered. The best way to calculate your payout percentage is to separate the money you bet and the money you win.
CAN I MAKE MONEY FROM PLAYING AT ONLINE CASINOS?
You can, yes. Although that doesn’t mean you’ll make a profit. Most people don’t outside of those who win massive 6 and 7-figure jackpots.
WHAT ARE THE TRICKS EMPLOYED BY ONLINE CASINOS TO ATTRACT AND RETAIN GAMBLERS?
The most common tactics online casinos use are promotions. Things like deposit bonuses, free cash offers and VIP schemes.
WHY DO CASINOS OFFER GENEROUS WELCOME BONUSES THAT GIVE FREE MONEY?
Bonuses are the best way to attract players. But casinos do apply wagering requirements to the bonuses, so before players can withdraw their bonus, they will have to go through it numerous times and at the same time they are using their real credit. This way, they get players to make a deposit and wager it all multiple times.
HOW DO CASINOS PROFIT FROM NO DEPOSIT BONUSES?
While many casinos offer a free bonus without obligating players to make a deposit, most require players to make a deposit and meet wagering requirements to withdraw.
CAN I USE MORE THAN ONE GAMBLING SITE?
You sure can. In fact, you may need to if there are specific games, promotions or banking options you’re after. If anything, joining several casinos gives you variety.
CAN CASINOS DELAY MY PAYMENTS EVEN IF I HAVE DONE NOTHING WRONG?
Sadly, yes. Casinos are not regulated in regards to how they pay and can take as much time as they need to audit your winnings before they cash them out, especially if it is a big win.
WHAT DEPOSIT METHODS ARE AVAILABLE?
That depends on where you are located. But for the most part, every major credit card is welcome at all the popular casinos online. Other third party deposit methods like Neteller, Skrill, and others are also quite popular among players.
WHAT WITHDRAWAL METHODS ARE AVAILABLE?
That depends on where you are located. And it depends on the casino site you choose to play out. In some countries, you can withdraw to your credit card. In other countries, that’s not the case. Most online casinos let you withdraw by eCheck. If you deposited using a third party payment service, you will likely be able to receive your withdrawals the same way.
WHAT IS A NETELLER ACCOUNT?
Neteller specialises in transferring money online. If you have a Neteller account you are able to deposit, withdraw and transfer money to online businesses – including online casinos. Neteller is a Canadian company which makes its living by transferring money between private people and other companies. With a Neteller account you are able to deposit, withdraw and transfer money, especially to online gaming providers – like online casinos.
WHAT IS A SKRILL ACCOUNT?
Skrill is e-money and a way for you to pay or transfer money online. Skrill is a company that handles online payments and money transfers. This includes between private persons and businesses – and also between you as a player and your preferred online casinos. Currently Skrill offers payment options in 41 different currencies and supports the biggest debit and credit cards in the world. Skrill used to be able to transfer money between all countries in the world. However, since February 2013 the USA was no longer available.