Aug 06

What it Takes to Start Your Own Online Casino Business

What it Takes to Start Your Own Online Casino Business

If you’ve spent any time gambling in an online casino, you may have noticed a few things. For one, the games are extremely entertaining. There are hundreds to choose from, with rules and themes to appeal to anyone and everyone. With so many online casinos vying for your membership, there’s clearly some healthy competition in the industry. Perhaps most important of all, you’ve recognized that the house has a distinct advantage in every game.

If casino games are designed to win more money for the house than they pay out to players, wouldn’t it make sense to play on the side of the house? And what better way to do that than to own the house? With that in mind, we’re going to take a look at how to start and online casino. It’s not easy, and it’s certainly not cheap, but if you’ve got the means and the drive, it may very well be worth your time and effort.

What it Takes to Start Your Own Online Casino

While the concept above – the casino always wins, so I’ll just open my own casino – is a common theory, it’s not necessarily a realistic one, which is why most people don’t do it. The truth is, there’s a lot that goes into opening an online gambling site; much more than most people realize. It’s a lengthy, step-by-step process, and an expensive one at that. The very first thing you’ll need to do is…

Register and Host Your Online Casino Domain

The first step is to choose a domain name. It should be something quick and catchy, and directly to the point. The shorter the name, the more likely people are to remember it. Betfair, LeoVegas, PokerStars – they all meet this easy-marketing requirement.

Once you choose your domain name, you need to register it with a domain registering service. Then you have to pay a server to host it.

Even if you don’t intend to launch your casino for a year or two, registering the domain should come first. Search engines take into account the longevity of a domain when indexing. Simply put, a website created two years ago ranks better than one launched two weeks ago.

Apply for an Online Gambling License

This is going to be the most expensive step, by far. Your operation must be licensed to garner any respect from the iGaming community. Where you obtain your license from will directly impact the cost and reputability of the operation.

Some jurisdictions, like Costa Rica, Panama, Belize, pretty much anywhere in Central America, offer very little in the way of regulation. You pay a smaller fee, but sacrifice the respect of strict player protections. Obtaining a license from the Malta Gaming Authority carries much more respect, as you’ll have to comply with their high standards. But, you’ll also pay a lot more for that license.

Also consider which countries you want to accept players from. Black markets, including much of the US, require lax regulation, but could get you into trouble down the line. To accept players from the UK, the world’s most productive iGaming market, you’ll need a UK license, which comes with the strictest standards, and highest price tag. A Maltese license will grant you access to most legal markets, including Canada.

Every license comes with fees. Expect them to be in the five-figure range. Then there’s financial reporting and taxes to be considered. Think very carefully about which way you want to go here, and do your research.

Employ One or More Casino Software Suppliers

Every online casino needs an assortment of games to offer their players. There are dozens of highly respected content studios to choose from. You may wish to go with a single platform with a large portfolio of games. Or, you could employ a collection of software brands to offer more diversity. Just keep in mind, you’ll pay a separate fee for each casino suite you integrate. Then there’s always the option of going beyond csaino games and into the field of poker, bingo, sports betting, etc.

Another thing to consider is just how involved you want the software supplier to be. There are generally three options.

  1. Casino Games Only: Employ the casino suite only, granting you a license to supply its games.
  2. Games + System Platform: This option comes with the casino suite license, plus a back-end platform that administers and manages player account services.
  3. The Whole casino Package: If you take the full package, you’ll get the casino suite license, the player account system, plus integration of security features, software certification, and a dedicated customer support / tech support team.

The more you want, the more you’ll pay for it, but the less you’ll be responsible for managing in the long run. Choose a full package from a major content supplier like eCOGRA-certified Microgaming, and you can rest assured everything that needs to get done, will get done.

Payment Processing – Choose Your Banking Methods

As any avid online casino gamer knows, the security and availability of payment methods is paramount to attracting new player sign-ups. Today, iGamers expect a wide selection of banking options for deposits and withdrawals.

Some players are very picky, and will only use eChecks, or Paypal, or Instant Banking methods like Interac or Citadel. Others are esteemed supporters of the cryptocurrency movement. If you want to cater to these types, you have to supply a long list of trusted payments to hit all niche players. And of course, credit and debit cards (Visa, Mastercard, etc.) are a must.

Once again, consider your options, do your research, and know your intended customers.

Catering to the Mobile Generation

Ten years ago, the mobile casino movement was hardly a quiver. Today, it’s rushing ahead like a locomotive. You don’t have to build a mobile app for your casino, but you could miss out on an entire generation of would-be customers if you don’t.

Now You Must Build It…

With all these steps out of the way, it’s time to put all the pieces together. You may want to hire a web design team for the website, as well as a mobile app developer. That’s more money going into your project. And once you get the casino up and running, you’ll need to factor in software and licensing renewal fees, plus additional costs like marketing and employee salaries.

As I said, this will be an expensive venture. There are cheaper routes, but as the old adage goes, “You get what you pay for”. Like any successful business, the more you’re willing to invest into a quality product, the more you’re likely to get out of it.

If learning how to start your own online casino business was enough to make your head spin, maybe it’s not the right choice for you. Maybe playing those online slots and table games, despite their slight disadvantage to the player, weren’t so bad after all?

written by Grameister777 \\ tags: , , , , , , , ,

Jan 29

Can an online casino refuse to pay out your withdrawal?

Can an Online Casino Refuse to Pay Out Your Withdrawal

Online casinos provide the world’s gaming fans with a quick, easy way to play their favorite gambling amusements for real money, from home or anywhere else their travels may take them. It’s all so easy. Sign up an account, make an instant deposit, and start playing. Convenience, entertainment, the thrill of the risk – these are all things we can easily understand. What’s difficult to wrap our heads around is that sometimes, after winning a little money, the online casino may refuse to give it to us. What’s even harder to understand is that, 99 times out of 100, they’re correct in their refusal to pay up.

Can an Online Casino Refuse to Pay Out?

The simple answer is yes, they can, but not for the reasons you’re probably thinking. Rogue casinos are not nearly so common as they once were. Yes, they do exist, and if you didn’t bother checking on the legitimacy of your chosen online casino before signing up, well – you may be a victim of fraud. More likely, if your online casino is refusing to pay out, it was your own fault.

The following is a list of the top 10 reasons online casinos can deny a withdrawal, in order of most to least common. If your withdrawal got canceled, odds are the reason is on this list.

1. You violated the terms of a bonus.

The most common reason of all is that players have violated the conditions of a bonus. Far too many players don’t bother reading the fine print. There are game restrictions, bet size limits and wagering requirements to comply with. Read the terms. Know the rules. Follow them.

2. You haven’t finished bonus play through.

This is a direct follow-up to the last issue. Maybe you’re following all of the rules of the bonus, but you didn’t complete the wagering requirements yet.

Example: If you have to complete 40x WR on a $50 deposit, that’s $2,000 in wagers that must be placed before you can withdrawal any winnings. You have two options; finish WR, or run out of bonus money trying. Only then can you cash out anything you have left.

3. You haven’t verified your account.

Somewhere between the time you register your account, and the time you request your first withdrawal, you will need to verify your identity. This is true of all legitimate, reputable licensed online casinos. They’ll need you to upload a picture of your photo ID, a bank statement or utility bill, and, depending on your method of deposit, maybe proof of that as well. It’s all standard KYC practice. If you don’t do it, they can’t pay you.

4. You used someone else’s identity / payment info.

Identity theft is a big no-no! If you read #3 above, you know you’re going to have to verify your identity at some point. Fake IDs rarely work anymore. The person you stole the ID and/or banking info from will get their deposit refunded eventually, and you’ll get nothing (except maybe some jail time).

5. You typo-ed your own information during sign-up.

I’ve said this a thousand times. Double check your information when you sign up an online casino account. If you misspell any part of your name or address, you’re effectively signing up with a fake ID. You can’t sign up with false information, even if it was an innocent goof up on your part. If you’re lucky, your account will be closed with original deposits refunded.

6. You gambled as a minor.

Adjusting your date of birth to play as a minor won’t get you anywhere either. Casinos can get in severe trouble for allowing underage gambling. And, thanks to the ID verification rules, you’re going to get caught anyway. Once caught, you don’t get paid.

7. You have multiple accounts with the online casino.

This is incredibly common, but rarely done on purpose. If you read the terms of any online casino, they’ll tell you that multi-accounting is not allowed. That is, one person cannot have two accounts with the same casino. In fact, you can’t have two accounts from the same household or IP address, either.

Short version: “One account per casino, per household.”

8. You claimed multiple bonuses with the same operator.

This is similar to the above problem, but goes deeper, and only involves bonus collection. We’re not just talking about having two accounts with the same online casino, but the same operator. For example, DigiMedia operates Royal Vegas Casino, plus around a dozen other online casinos, like All Slots, Euro Palace, and Platinum Play. You are allowed to have one account with each, if you wish, but you can only claim the bonus from one.

Short version: “One bonus per operator, per household.”

9. You used a VPN to sign up and gamble.

Online casino gambling is illegal in some parts of the world. But where there is prohibition, there are always a determined few who think they should be able to do it anyway. Using a virtual private network (VPN) to mask your IP address / location, making it appear you’re in a country players are accepted from, is illegal. It rarely works these days, anyway. Geo-location systems are constantly getting smarter. If you get caught using a VPN, don’t be surprised when your online casino is refusing payout.

10. The casino is not reputably licensed and can’t be trusted.

In the least of cases, the online casino is to blame. Rogue operators do exist. They aren’t licensed by a strict regulator that demands compliance with player protection laws. Therefore, they can refuse to pay out a large amount of winnings simply because they don’t have to. They have no obligation to obey a higher authority.

Once this type of online casino refuses to pay out, there’s not much you can do. The only good news is that these situations are easily avoidable. All you have to do is take a moment to check up on a brand before signing up an account and making a deposit. To be honest, anyone who’s willing to give all of their sensitive information to some random website without verifying its reputation first is just as guilty as the website that’s ripping them off.

written by Grameister777 \\ tags: , , , , ,

Jan 18

How to play Fast Poker online (even though you shouldn’t.)

Learn How to Play Fast Poker Online, Even Though You Probably Shouldn’t

New casino games are, well… nothing new. They come along all the time. Game inventors are constantly looking for the next big thing. Most games never even make it to the casino floor. Of those that do earn a trial run, most of them fail. Some new games skip the land-based option altogether, earning their stripes in the digital realm. Such is the potential fate of Fast Poker, a new online card game from SmartSoft Gaming.

How to Play Fast Poker Online

The first thing you need to know is that Fast Poker is a house-banked casino game, not a player-versus-player poker game. You won’t be competing against the dealer, either. In fact, Fast Poker is more like a video poker game, where players win for achieving a high enough hand rank. The difference is that you get to choose which cards to place in your hand, rather than being randomly dealt cards from the top of a shuffled deck.

Here’s what you need to know…

The game is dealt from a 20-card deck, consisting of four of each 10, J, Q, K and Ace. This set up increases the chances of being dealt high ranking hands – especially the highest paying a Royal Flush. All 20 cards are dealt face down at the top of the screen. The object of the game is to achieve a hand rank worth of a payout (see Fast Poker Pay Table below)

Fast Poker Rules & Game Play

  1. The game begins when you choose a bet size (0.5, 1, 2, 5, 10, or 20) and press the Play button.
  2. From the 20 face down cards, you will select five cards to build you hand. Your chosen cards will turn face up and move to the bottom section of the screen, labeled Your Cards.
  3. Once all five cards are selected, they will automatically settle in the highest ranking hand position. If the hand ranks high enough for a payout, you win the corresponding amount displayed on the pay table. If not, you lose your bet.
Learn How to Play Fast Poker Online

How to Win – Fast Poker Pay Table

There are only five winning hands in Fast Poker, with payouts ranging from 2x to 100x the bet. Winning hands, values, and the probability you’ll receive them, are as follows:

5-Card Hand RankPayoutProbability
Royal Flush100:10.026%
4 of a Kind20:10.516%
Full House10:13.096%
Straight3:16.579%
3 of a Kind2:112.38%
Anything ElseLose77.40%
House Edge = 11.64%

The Good – The Bad – The Ugly

What’s good about this game is the overall entertainment value. I think allowing players to choose their own cards gives them a sense of control, increasing the overall enjoyment. It doesn’t change the odds in any way, mind you, but it does make players feel better. A happy player is a repeat player.

What’s bad about this game is the probability of actually winning. As you can see from the pay table above, odds are that 77.4% of your hands will be losers. That’s more than 3/4 of all games that will end in either a pair or two pair, both of which are losing hands. Only 12.6% will result in a 3 of a kind or anything better, worthy of a win.

Last but not least, the ugly part – the house edge of 11.64%. Players can only expect to win back 89.36% of their wagers. That’s as bad as most Las Vegas slot machines, and the reason we say you probably shouldn’t play Fast Poker online at all.

written by Grameister777 \\ tags: , , , , , ,

Mar 13

Internet Casino Gambling: Can I win real money at online casinos?

Internet Casino Gambling: Can you win real money at online casinos?

As a long-time iGamer, it seems strange to me that people still ask this question. Online casinos have been around so long, the industry itself is of legal gambling age! They actually started popping up in the mid to late 1990s. But alas, I do realize not everyone has been spinning digital slots reels and flipping virtual cardboard as long as I have, so let’s start from the top…

“Can I win real money at online casinos?”

Yes! There are thousands of internet gambling sites that permit customers to deposit money, make real wagers, and withdrawal their winnings as cash. But it’s not as easy as all that. You can’t go to Google, search “online casino”, click the first link you see and start playing. You can’t even type in “real money online casino” and get the right links these days.

In the next few paragraphs, I’ll explain (in brief) how the system works, how to know if you’re eligible to gamble online, and how to find the right sites to do it safely, securely, and fairly.

Internet Casino Gambling – The Basics

There are two types of internet casinos. The first and most common is a “social casino”. Their games are free to play, but will never award real money. Most of them are mobile phone apps with in-app purchases. You can pay cash for chips, but you can’t trade your chips back for cash. This is not gambling.

Online gambling can only be only done at “real money casinos”. They won’t offer the option to register your account via Google or Facebook. You have to fill out an inclusive registration form, complete with your real name, real address, real date of birth, etc. Once you do this, you’ll need to make a deposit from a financial account or credit/debit card belonging to you.

Once you’re account is funded, you’ll get a nice bonus of some sort to enhance your bankroll. You can then browse the full menu of casino games – slot machines, table games, video poker, etc. you’ll have the option to play the games for real money, or for free in demo/practice mode.

How do I know if it’s legal for me to gambling online?

Every jurisdiction has its own laws that apply to online gambling. They come in three distinct varieties:

  • Expressly Legal: These are explicit laws that specifically address the act of gambling online to be legal. Certain European countries (UK, France, Spain, Italy, etc.) and US states (New Jersey, Nevada, Delaware, etc.) have these laws in place. These laws will define the age requirements for gambling in their respective jurisdictions.
  • Expressly Illegal: Like the section above, these are express laws that specifically name the act of gambling online – or certain forms of gambling online – to be illegal. In these jurisdictions, residents are not permitted to participate in real money online casino games. Australia, for instance, explicitly legalizes online sports betting, but expressly prohibits online poker and casino gambling.
  • Not Expressly Defined / Grey Market: The term “grey market” applies to a jurisdiction in which the laws do not explicitly permit or prohibit an activity. In short, it is not illegal, therefore it is legal. Canada is a perfect example.
    The laws in Canada are so unclear that it is considered legal to gamble online at offshore casinos, as well as the government-run casinos of certain provinces. The only ones that are truly “illegal” are online casinos operating within Canada, but without the regulatory consent of their local government.

If you’re still not sure, check with your local authorities for clarification.

How to Find Real Money Online Casinos

This has been one of the most frustrating problems for novice players. As I mentioned above, you can’t just search for a relevant key phrase on Google and expect to find one. While there are around 4,000 gambling sites online, there are literally millions of affiliate websites competing for your traffic. Thus, these affiliate sites will appear in the search engines long before an actual casino operator does.

The best advice I can offer is to be very specific in what you’re searching for, because most affiliate sites cater to anyone and everyone. Look for operators that apply to your situation. They should accept players from your country, process deposits and withdrawals in your preferred payment methods, offer the games you like most, etc. If they don’t fit your needs, they’re no good to you.

Use those affiliate links to make a short list of possible candidates, but you don’t have to take their word at face value. After all, affiliates are looking to make money, and to be honest, most of them don’t care about the players nearly so much as they do the profit. You can protect yourself by performing a bit of due diligence on the sites you shortlist.

Here’s a bit of reading material that should help you out with this.

If you find the above challenge too daunting, you can always skip all that and do your online gambling at Royal Vegas. Don’t trust me just because I said it. Trust me because Royal Vegas is 20 years old, employs the industry’s oldest and most respected software brand, Microgaming, is licensed in the immensely respected European jurisdiction of Malta, and offers upwards of 1,000 games, including live dealer casino games. Internet casino gambling doesn’t get any safer than that.

written by Grameister777 \\ tags: , , , , , , , ,

Feb 24

Existing options and preferred alternatives for Western Union gambling deposits in Canada.

Options & Alternatives for Western Union Gambling Deposits in Canada

There was a time when Western Union was ranked among the absolute most secure ways to make an online casino deposit. That was back in the days when internet security was questionable, at best. Technology simply wasn’t advanced enough to shore up all the potential cracks in cyberspace, and it left a lot of people afraid to enter any financial details over the world wide web. Therefore, the easy answer was to instantly wire the money – usually overseas – via Western Union.

As many of you may remember, those international cash transfers weren’t cheap. They came with a hefty convenience fee, but one many of Canada’s online gamblers were willing to pay for the peace of mind it afforded.

Thankfully, with the rise of greater internet security and multitude of online payment methods, Western Union has lowered its fees to remain relevant. But does that make it the right choice for Canadian iGamers? Let’s take a closer look…

Western Union Gambling Deposits in Canada

There’s one very important fact you need to know about Western Union. When the US government decided to crack down on internet gambling between 2006-2011, it sent a lot of major, US-based financial companies scurrying. Western Union was among them.

The US-based but globally operating cash transfer agency chose to play it safe, prohibiting online gambling related transfers to/from in any country where the laws do not explicitly legalize online gambling. The US market was off limits, of course, but so was Canada. You may be wondering, and for good reason, how can this be?

As you probably know, online gambling is not illegal in Canada – far from it. Several provincial governments run their own iGaming websites, providing services like online lottery sales, casino games, poker, bingo, etc. We can also visit thousands of internationally regulated websites with no fear of legal recourse.

The problem is that, while those offshore gambling sites are not illegal, they aren’t expressly legal, either. The fact that they’re not illegal makes them legal – but not in the same way as jurisdictions where they are explicitly permitted. Thus is falls into what legal eagles like to call a “grey area” of the law. As such, Western Union chooses not to facilitate any online gambling related deposits for Canadian users. “Better safe than sorry”, so the saying goes.

Alternatives to Western Union Canada

Fortunately, as I said above, internet security has improved by leaps and bounds. There are now many safe ways to move money online. Here are some of the top recommendations for Canadian iGamers:

Interac

This is my favorite option. Not only is it superbly secure, it’s available to the vast majority of Canadians. Interac works with over 250 banks, credit unions and other financial institutions. All you need is an online banking account. Best of all, if the online casino you play at accepts Interac, you already know it’s a safe, trusted iGaming brand. Learn more about Interac

eCheck

Using eCheck is much like writing a paper checque, except that you don’t have to write it, mail it, or wait for it to clear the bank. The entire process is performed electronically. All you have to provide is your bank account number, and the bank’s routing number – the same info found on a paper cheque. Learn more about eChecks

Debit Card

When all else fails, just use your debit card. I would not have recommended this 15 years ago, but today, there are more than enough safety nets and assurances to protect your personal and financial details. The key is to only do business with highly reputable iGaming operators. Learn more about online casino safety

written by Grameister777 \\ tags: , , , , , , ,

Feb 04

Understanding the commitment behind the most trusted online casino licenses and why it should matter to you.

The Most Trusted Online Casino Licenses and Why it Matters

The online gambling industry has been around far longer than any jurisdiction has been regulating it. In the early days, operators took one of two paths. They would either open an entirely upright business and rely solely on a stellar reputation to bring in customers, or they would open a website, see if it went well, and disappear with the cash if it didn’t.

There were, of course, a few that launched with every intention of taking the money and running, but for the most part, iGaming operators were trying to get off the ground successfully. And why not? There was – and still is – big money in iGaming. Unfortunately, without any proper regulation, they had no authority to answer to; therefore no good reason to ‘do the right thing’ if and when a business fell apart.

The good news is that regulation did come. Several jurisdictions began passing regulations around the turn of the century. They saw a severe need, and responded with legislation to either prohibit iGaming, or regulate the industry and protect players – and make barrels of cash in the process.

It is for this reason that we see so many small countries regulating online casinos; places like Alderney, Antigua and Barbuda, Costa Rica, Curacao, and Gibraltar, just to name a few. These are mostly island nations with limited financial resources, so when they realized they could turn a necessary regulatory service into a cash crop, they jumped on it. Some did so with the people in mind. Others did it just for the money, and it shows.

Trusted Online Casino Licenses

A responsible authority puts the online casino clients ahead of all else. The operators they supply licenses to are given a strict regiment of laws to abide by. These laws protect the players, the operators, and the jurisdiction – a trinity of defense for all involved. If an operator does not comply with these laws, the penalty hammer drops swiftly. They could suffer anything from a massive fine, to license suspension or, in the most serious cases, revocation of said license.

Online casinos that hold such a license can be trusted. These are the operators that entered the market with good intentions, and were so determined to succeed in those intentions that they worked hard (and paid extra) to acquire a respectable license.

Best of all, any operator that is licensed by a reputable authority is required to segregate player funds. This means that every deposit is put in a separate bank account from the operator’s business funds. Therefore, if the business falls apart, all players will get their money back.

Licensing jurisdictions that fall into this category include (but are not limited to):

  • Alderney
  • Gibraltar
  • Isle of Man
  • Malta
  • The United Kingdom

If you’re moderately educated in geography, you’ll realize these are all located in Europe. There’s a reason for that. The European Union holds its member states to supremely high standards of governance. In fact, any European nation that regulates iGaming is one that can be trusted. The UK is actually the strictest of them all, setting a high bar for all others to follow.

Unsafe Online Gambling Licenses

On the opposite end of that spectrum, there are licensing jurisdictions that don’t care what their licensees do. They can accept any players, whether they reside in a country that prohibits iGaming or not. They can supply uncertified and ultimately unfair software. They can accept deposits, then refuse to pay withdrawals on whatever false grounds they make up. Many of them are only bound to abide by two laws – pay your fees to maintain the license, and do not accept players from the country in which you are licensed.

Wait, what? Yes, you read that right. An irresponsible licensing authority will not allow its operators to accept players from within their own border. This should present a wildly-waving red flag for any player. If their own citizens cannot access the website, there has to be a reason; in this case, because the site’s themselves cannot be trusted, as they aren’t bound to uphold any decent business practice laws.

Some of the jurisdictions on this list are worse than others. Costa Rica is perhaps the worst, requiring nothing but a license payment and refusal to accept Costa Rican players (as detailed above). Curacao and Kahnawake aren’t as bad, but their governments do not prevent licensees to operate in illegal markets. That might be okay with the players who live in those illegal markets, knowing the operator could be shut down at any moment, but if you live in a legal jurisdiction like Canada, depositing at such a website is just asking for trouble.

Irresponsible licensing authorities that fall into this category include (but are not limited to):

  • Belize
  • Costa Rica
  • Curacao
  • Kahnawake
  • Panama

An operator that is licensed in one of the above jurisdictions may be a perfectly trusted online casino, but the fact is, they don’t have to be. The law does not require them to do the right thing. Now that you know the difference between licensing jurisdictions, you can do the right thing too, avoiding any necessary risk.

written by Grameister777 \\ tags: , , , , ,

Jan 31

The best casino game for beginners (Hint: It’s not slot machines!)

The Best Casino Game for Beginners

Preparing for your very first foray into a casino can be very intimidating. Casinos are often massive properties, lined with opulent décor, glimmering chandeliers, fancy carpets and elaborately dressed employees. For so many of today’s first-timers, walking into a resort-style casino can feel like entering a fine dining establishment in a Hawaiian shirt and flip-flops.

Of course, the casinos don’t really care what you’re wearing, so long as you’ve got cash in your pocket, and a willingness to spend it. But the anxiety for a newcomer is real. Even playing your first casino game at an online gambling destination can set your hairs on end. If you aren’t familiar with the rules of any games, all of these fears become magnified tenfold.

The logical answer might be not to go to the casino. Common sense might tell you to hold off, learn some games first, better prepare yourself for the experience. But what if that’s not an option? I remember my first visit to a casino all too well. It was an impromptu choice, spurred by a group of friends who all decided we should go. Two of them had been before. Three of us had not. As a newbie myself, it was overwhelming, to say the least!

I did what so many first-time casino goers do. I stared in horror at the massive gaming floor, then went straight to the slot machines, where I stayed until almost all my money was gone. It was fun, yes, but I had no idea what I was doing. Within 20 minutes, I’d blown through $80. I spent the next half hour walking around, pinching my last $20 as I watched other people play games I had no clue about. So, if you want to avoid mimicking this tale of majority boredom, might I recommend…

The Best Casino Game for Beginners

Baccarat is the Best Bet for First-Time Casino Goers

If you ask most people the easiest game to play in the casino, they will say it’s a slot machine. Yes, push a button and cross your fingers does seem easy, but there’s so much more to those games. Did you ever try reading a video slot’s pay table? Page after page of symbols, line info, features, payouts, etc. They really aren’t so simple. The easiest game of all – one that features a far better return to player (RTP) than slots – is baccarat.

Baccarat is a card game that you don’t really have to play. All you have to do is choose where to place your bet – kind of like roulette, but again, with a higher RTP. The dealer will take care of everything else. Let’s take a quick look at how the dealer plays out hands.

The Rules of Baccarat

The object of baccarat is for one hand – the Player hand or Banker hand – to be closer to a total of 9. The closest to 9 wins. Each hand starts with two cars. If the total value of those two cards exceeds 9, 10 is subtracted.

For example, a hand of 3+8=11. You can’t exceed 9, so you subtract; 11-10=1. The new hand total is 1. If the cards are 4+5, the total is a perfect 9. Or, if the cards are 10+8, we subtract 10 for a total of 8.

There are certain situations where the dealer is required to give the Player and/or Banker hand a third card, depending on the totals of the first two cards. These are known as “house rules”, and give the Banker hand a slight advantage (51%) over the Player hand. But don’t worry, you can bet on the Banker Hand, too. Or, you can bet on the two hands resulting in a Tie.

Baccarat Odds, Payout and House Edge

Knowing the odds of winning each bet, the payout for winning it, and the house edge involved, will help you choose where to place your bets. The “odds” are the probability of winning each bet. The payout is the amount you’ll get back for winning, compared to what you’ve wagered on it. The house edge is a combination of odds and payouts that determines how likely the casino is to beat you on that bet. Hence, the lower the edge, the better the bet.

Note: You’ll notice that a winning Banker bet pays 1:1, -5%. The casino collects a 5% commission on all winning banker bets to offset the fact that the Banker hand will win more often. If it weren’t for the 5% commission, the casino would lose money on these bets in the long term.

Baccarat Bet Odds Pays Edge
Banker Hand 45.85% 1:1, -5% 1.06%
Player Hand 44.62% 1:1 1.24%
Tie 9.53% 8:1 14.36%

The low edge of 1.06% on Banker and 1.24% on Player bets makes this not just the easiest casino game, but the best casino game for beginners. It offers a communal table game experience, is easy to understand, and can sustain a modest bankroll far longer than slot machines.

written by Grameister777 \\ tags: , , , , , , ,

Jan 23

Uncommon Sense: An illogical guide to beat online casinos.

Uncommon Sense: An Illogical Guide to Beat Online Casinos

Common sense would tell you that, to beat an online casino, you have to win more money than you lose. But as we all know, there is no such thing as a game with an RTP of 100% or greater. At 100%, theoretical results would dictate a break-even gambling experience. Every dollar you wager would be won back. No win – no loss – just breaking even. You can play any blackjack game on the internet – the one with the absolute best, most player-friendly rules – and you’re still not going to achieve an RTP of 100% or more. So there’s no way to beat them… right?

Uncommon sense would tell us otherwise. But most of us don’t have uncommon sense. We’re raised to be logical. We’re taught to use common sense to make smart decisions. Thus, an educated player who uses common sense must come to the undeniable conclusion that online casinos cannot be beat. But the player who thinks outside the box – with uncommon sense – knows there are ways around every barrier.

How to Beat Online Casinos

It’s not just about how much you win, but your overall return on investment, or ROI. What are you getting out of the experience, compared to what you’re putting into it? So long as the output exceeds the input, you win.

Let’s explore this theory for a moment, because there is more than one way to go about it. You could beast-mode the promotions of an online casino to turn low-edge losses into advantage-player profits. Or, you could ensure the entertainment value is greater than the cost of play.

Be a Promotional Beast

Online casinos present their players with all sorts of promotions. One of the most overlooked rewards is the loyalty program. Securing VIP status can get you a lot of perks. To become a VIP, you can either wager a whole lot of money at the online casino, or you can make substantial deposits.

The fastest way to become a high-level VIP is to register an account, then – before depositing – open a support chat. Tell them you just signed up and that you want to make a deposit, but that you aren’t satisfied with the usual welcome bonus. Maybe it’s only 100% up to $200. Tell them you plan to deposit much more than this, and think you deserve to receive an analogous bonus for it. Tell them you are a regular player and high roller, and that you want to start with a high level VIP status and dedicated VIP account manager.

If this doesn’t get their attention, nothing will. Of course, you’ll also need to be ready to back up your high deposit promises. If it works, and you’re granted the VIP level and better bonus, take full advantage. That higher level VIP status will generate faster comp points (up to 25% higher) with every wager. Plus, the 100% match bonus on your deposit will get you 2x the comps, for having 2x the wagering power.

Find the right casinos, engage the best promotions, and all those extra VIP bonuses and comps could turn the ROI tides to your favor.

Get Your Money’s Worth in Entertainment

Value doesn’t have to be a monetary thing. If you spend $25 to go see a movie – tickets, popcorn, drink, candy, the works – and that movie bombs, you’ll feel like you wasted $25. If, however, that movie blows you away, you will leave the theater feeling like it was worth every dollar, and then some.

Can we not look at the entertainment value of gambling in the same way? Considering the high RTPs of most online slots and table games, it wouldn’t take much to turn a losing experience into positive entertainment value.

Unlike land-based casinos, internet slot machine pay out an average of 96-97%. European roulette comes in at 97.3%. Baccarat banker and player bets pay 98.76% and 98.94% respectively. Blackjack and video poker can pay 99.35% to 99.92% when you pick your rules and your work strategies wisely. Manage your bankroll well, take your time, thoroughly enjoying the experience, and that minimal house edge, combined with the amount of fun you have playing the games, can be your key golden to beating online casinos.

written by Grameister777 \\ tags: , , , , , , ,

Jan 17

DinersClub Canada: Depositors guide for the discerning iGamer.

DinersClub Canada - Depositors Guide for the Discerning iGamer

In the shallow pool of credit card issuing companies, Visa and MasterCard drown the competition so thoroughly that most of us don’t even consider the possibility of using an alternative credit card online. Truth be told, those cards are the most common because they are so readily available to any and all applicants. For the most discerning credit card holders, a DinersClub Card can be much more valuable.

DinersClub International is known for issuing cards to the world’s more affluent members of society. In turn, prestigious rewards are distributed to users for making purchases with their card. They are the types of rewards today’s business professionals are more likely to appreciate; things like frequent flyer miles, car rental, and hotel discounts.

The company describes its card services as “the smart payment choice for mid-to-large corporations, individual business people and professionals.” In short, DinersClub appeals to the wealthy, not the average Joe.

DinersClub Canada for High-Rolling iGamers

In the last fifteen years or so, the number of online casinos advertising DinersClub acceptance has fallen dramatically. It’s not that Canadians don’t use the card as much, nor is it a reduction in Canadian-facing online casinos that accept it. The problem lies below the 49th parallel.

In that time, the United States government has altered the legal opinion of online gambling more times than I’d like to recall. At one point, the penalty for any illegal online gambling activity was laid at the feet of payment facilitators. Credit card companies recoiled, setting up a special transaction code to specifically identify online gambling. Any such code that comes through an American transmission will be rejected. Even if the player is in Canada, if the card company is based in the US, rejection is likely.

Fortunately, DinersClub International is a part of the Bank of Montreal (BMO), with headquarters in Toronto, Ontario. The only online gambling payments they reject are those initiated by US players. So long as an online casino accepts Canadian players and DinersClub deposits, you should have no trouble taking advantage.

DinersClub Online Casinos of Canada

As I mentioned above, DinersClub is a card best reserved for the discerning iGamer. It is not a cheap card to possess, but for professionals, the rewards are easily worth the annual fees. Card holders aren’t the only ones who pay to use these cards, though. Commercial businesses that want to accept DinersClub payments pay to host such transaction, and again, it’s not cheap. Therefore the online casinos that accept DinersClub are among the industry’s largest and most respected operators.

They include companies like William Hill, 888 Casino, PartyPoker, Royal Vegas and Foxy Bingo. Some smaller operators also hail themselves as DinersClub Canada promoters, but be careful where you play. Look for major operators licensed in the UK and/or Malta. These are the most secure and responsible in terms of player protections.

Rogue casinos are well aware that DinerClub card holders have lofty bank accounts. If they can sucker an unsuspecting iGamer into depositing at an unsafe, improperly regulated gambling site, they’ll have a hay-day with your identity! Be smart and stick to the safety of distinguished operators.

written by Grameister777 \\ tags: , , , , , , ,

Jan 15

Land-Based vs. Online Casino Loyalty Programs Compared

Comp Comparison: Land-Based vs. Online Casino Loyalty Programs

Walk into any casino, and if you aren’t already brandishing a rewards card, you’ll be urged to sign up for whatever player’s club program they have on offer. Logging into an online casino comes with the same consideration. You’ll either be signed up for the rewards plan automatically, or strongly encouraged to join.

These programs are designed with several purposes in mind, benefiting both the players and the casinos. Players receive various types of rewards base don their game play, and casinos are able to collect all sorts of marketing data to better their game selection. They are also able to design targeted promotions for individual members based on their past gaming history. Realistically, it’s a win-win for everyone.

Land-based casinos tend to deliver very similar rewards packages as their fellow land-based rivals. Likewise, online casinos mimic their internet competitors in most ways. However, there are significant differences between the way walk-in and log-in casinos reward their loyal players.

Land-Based vs. Online Casino Loyalty Programs

To answer the most obvious question – Which is more rewarding? – I’ll start by saying the land-based variety are a lot more versatile. You may be offered anything from free credits, to free food, to free hotel rooms. Online casinos are more conservative, delivering bonus credits more than anything else. Then again, the amount of bonus credits from online casinos greatly outweighs the number of free credits any land-based establishment would be willing to offer.

So which is best? It honestly depends on what you want out of your experience. Check out the comp comparisons below and decide for yourself which would benefit you the most.

Free Bonus Credits

This is where online casinos shine. They have consistent bonus promotions to take advantage of. Whether you’re high-rolling VIP or not, you’ll get regular deposit bonus offers. On top of that, you’ll earn comp points for every dollar you wager. Those comps convert back to cash at a rate of $1 per 1,000 points. Higher VIP levels usually get an accelerated points rate of up to +25%.

Land-based casinos will offer small bonuses every once in a while, but unless you’re an upper echelon VIP member, don’t expect too much. Land-based casinos prefer to deliver their comps in the form of goods and services, as opposed to free bets or cash.

Comped Goods & Services

At a land-based casino, comps are most often provided as free goods and services, such as free beverages and meal vouchers, or tickets to a live show. If you’re spending enough money, the casino might put you up in their hotel. Their biggest spenders may be offered everything from limo rides to shuttle service via the casino’s private jet.

It’s rare for an online casino to supply physical goods or services. They do not host restaurants, hotel chains or concerts. However, some have been known to promote real-life experiences, such as Caribbean cruises, Vegas getaways, etc. Some have been known to allow players to trade comps for physical merchandise, like electronics or apparel. Again, these are rare perks, but it has been done before.

Ask and Ye Shall Receive

Walk-in casino guests have more leverage here. You can approach the concierge desk and request pretty much anything. The more you play – and more importantly, the higher your wagers – the more likely you are to receive exceptional requests. But in general, casino hosts are paid to keep guests happy. Asking for a free meal might only get you a free drink, but that’s still a free drink. Or, you may get that meal. You’ll never know if you don’t ask.

Online casino loyalty programs offer their highest level VIPs a dedicated account manager. You can ask this person for anything you want, just like in a land-based casino. Again, your request may or may not be fulfilled, but it doesn’t hurt to ask. You won’t likely be given anything substantial, like plane tickets or hotel stays. More realistic requests would be a refined bonus offer or faster withdrawal times.

written by Grameister777 \\ tags: , , , , , , ,