Dec 15

Bank of Canada Governor calls buying Bitcoin gambling, then turns around to admit central bank is exploring developing its own digital currency.

Gov Stephen Poloz says Buying Bitcoin is GamblingDon’t you just love it when political big wigs contradict themselves while paving the way for their own agendas? It makes for great headlines, that’s for sure. But it does nothing to help the progress of the people. Someone should mention that to Bank of Canada‘s governor, Stephen Poloz.

In preparation for today’s live interview with Peter Armstrong on CBC‘s On The Money, Poloz commented on major issues facing the country.

He spoke of the housing market and household debt, and rising costs that will likely become a long term issue. He mentioned the need for more “on-the-job training programs” to help young people fill an expanding gap in employment.

Poloz also commented on cyber security risks for the financial system’s infrastructure. He called internet banking methods “a public good, every bit as a important to the health of Canada’s economy as our roads, bridges and airports.” However, he fears that the billions of dollars transacted by Canadian’s each year online are not free of risk.

He said that our connectivity online results in an undeniable vulnerability. Mostly, his fears stem from the fact that “a problem in one institution may spread to others and be amplified.” Thus it would only take a single “successful cyber attack” to “become a successful attack on many.”

Over the years, government-level cyber security – such as the security measures implemented by all members of the central bank – has been effective. But according to Poloz, everyone who shops or pays bills over the internet, or uses things like online gambling sites, could eventually be at risk.

And speaking of gambling, Poloz also said…

Buying Bitcoin is Gambling

Poloz says Investing in Bitcoin closer to gambling

In his closing comments, the BoC governor spoke of the growing popularity of the crypto-currency known as Bitcoin, and other digital currencies like it. He expressed concern over the rising interest in digital currency investment, and the mystery behind their alleged value.

“What their true value is may be anyone’s guess,” Poloz quipped. “Perhaps the most one can says is that buying these things means buying risk, which makes it closer to gambling than investing.”

Poloz made it clear that he doesn’t approve of investing in Bitcoin or other crypto-currencies. Yet in the same breathe, he acknowledged the central bank’s potential need to develop a digital currency of its own.

He believes the rising propensity for electronic transactions could be the catalyst for a new demand in electronic cash. And if that’s the case, the central bank could see this as a viable argument for producing its own version. It’s not only a possibility, but something the Bank of Canada is already investigating.

“Bank staff are exploring the circumstances under which it might be appropriate for the central bank to issue its own digital currency for retail transactions,” admitted Poloz.

So, what he’s saying is…

Buying Bitcoin and investing in existing digital currencies is nothing more than gambling. We shouldn’t do that, since the risk element is higher than traditional investment opportunities. But we should support the central bank’s potential need to create a digital currency of its own. Okay. Got it, Poloz. Thanks for the heads up!

written by Grameister777 \\ tags: , , ,

Oct 27

Determination of what online slots pay real money, and which ones don’t.

As everyone is aware these days, you can find absolutely anything on the internet. Unfortunately, not everything is what it appears to be. Anyone can post anything on the web. Not all information is true, just as not all internet merchants can be trusted. If you happen to be looking for online slot machines that pay real money, that’s another category where you’d do well to do your research first.

Whenever money is involved, the security of your personal and financial information is paramount. No one wants to get ripped off, but the sad fact is, a lot of people have. So long as you take the time to find the right slots provider, you won’t have to worry about that.

What Online Slots Pay Real Money?

what online slots pay real moneyThere are two basic types of slot machines available online. There are play-for-fun games that will never award a cash prize, whether you buy credits or not. Then there are those offered by genuine internet casino websites, where players make a deposit to play for—and potentially win—real money.

First things first, unless you live in the UK, don’t bother looking on Google Play or the Apple iTunes store for real money slots apps. You won’t find them. If you do live in the UK, make sure to read over the full details of the app before downloading. Just because you can buy credits doesn’t mean you can win real money.

For those outside the UK, like myself (in Canada), you can only find real casino slots at online gambling websites. There are literally thousands to choose from, so you have to be picky. They must accept players from your country, as well as payment methods that are suitable to you. And, most importantly, they must have a solid, multi-year reputation for upright business practices.

I like Royal Vegas Casino myself. It’s been online since 2000, accepts Canadians, offers dozens of payment methods, and employs Microgaming, the most respected software brand in the business. Microgaming dates back to 1994, and has released nearly 900 games to date; the vast majority of which are online slot machines.

Royal Vegas and more than one hundred other distinguished Microgaming-powered casino sites (Ruby Fortune, Platinum Play, Spin Palace, etc.) present two ways to play. Members can test out the games for free in demo mode, or switch to real money play. That’s an option you won’t find in many land-based casinos. It gives players the opportunity to see what they like and don’t like before risking their hard-earned cash.

Ways To Play Real Money Slots

Websites such as these have been around since 1997, when the very first online casino launched. A lot has changed in the last two decades, though. The games run smoother, the graphics are much better, and the level of security integration is far superior to what it once was.

Games that were previously available only via download for Windows PC, can now be played instantly on any desktop or mobile device. Desktop users can often choose whether to download the full software suite, or play in-browser. Likewise, playing on a smartphone or tablet affords the option of downloading an app, or playing directly on the mobile website.

written by Grameister777 \\ tags: , , ,

Aug 02

Learn how to deposit at a prepaid or debit card casino in Canada 2017, and the relative pros and cons associated with these payment methods.


Prepaid or Debit Card Casino Canada 2017I’ve been enjoying online casinos and the wide range of gaming opportunities they provide for more than 10 years now. One thing I’ve noticed is that the number of available payment methods has increased tremendously. While that seems like a positive, more choices isn’t always better.

I touched on the subject of over-abundant options yesterday in an article concerning reliable and reputable casino banking options. The fact is, the fewer choices we have, the easier it is to make a decision. More options only lead to mental confusion and self doubt.

For online casino gamblers, the trouble is you have a lot more choices than just prepaid or debits card casino deposits. And realistically, all of those other options have more pitfalls to consider.

Drawbacks of Other Deposit Options

A credit card is perfectly safe and secure, but it breaks the golden rule of gambling. A responsible gambler should never spend more than he/she has. Credit cards allow players to spend now, and pay later. Tsk, tsk!

Online payment processors, or e-wallets, are lauded for giving players the ability to deposit and withdrawal without divulging their financial info to the online casino. But in reality, you’re divulging that info to the online payment processor. Is that really any better? Plus you’re paying an extra fee on all cashouts. Hmm…

Bank transfers are quick and easy, if you aren’t paranoid about handing out your most sensitive bank account details. They are quite secure, don’t get me wrong. But as 19th century author Philip K. Dick once said, it’s “strange how paranoia can link up with reality sometimes”.

Cash transfers (Western Union, MoneyGram) are another perfectly safe option. However, they can be quite a hassle, and they don’t come cheap either.

Prepaid or Debit Card Casino Deposits

If we were to narrow your choices down to a prepaid or debit card casino deposit, you would have no trouble picking between the two. You only have to ask yourself this:

Do you want to use the card that’s already in your wallet or purse and make that deposit instantly? Or would you rather head over to the nearest retailer and purchase a prepaid card?

One is faster, and perfectly secure thanks to the cutting-edge security measures and data encryption technology enforced by online casinos and Canadian banks. The other takes a bit more time and a few extra dollars, but alleviates any paranoia of entering sensitive debit card details over the world wide web.

Debit Card Casino Deposits – Pros & Cons

Prepaid or Debit Card Casino Canada 2017On the positive side, debit card casino deposits are super fast and incredibly secure. The moment you submit the deposit (assuming the required funds are available in your bank account), it’s complete. Those funds can be used instantly to play all the casino games you desire.

The security of debit card casino deposits is ensured by sophisticate data encryption technology. It’s the exact same technology used by government banks. So if you do any type of online banking, you’re already taking the same, albeit minuscule, risk.

On the negative side, you are inputting your name, debit card number, expiration date and CVC security code over the internet. That’s the same info anyone else could use to charge purchases to your debit card. If the casino’s servers, or your own computer/mobile device has been hacked, this could pose a security risk. There’s that paranoia factor again!

Secondly, you may not even have the option of utilizing a debit card casino deposit. It all depends on what bank issued your debit card, and the logo it carries. Visa is the most widely accepted. MasterCard is still available on some casino sites. Amex and Discover have all but disappeared.

Even if you have a Visa debit card, if it was issued by a bank that has base operations in the United States, your deposit may be met with rejection. This is because US laws have forced many banks to stop accepting payments in relation to online gambling.

Even though you’re residing and banking in Canada, this could impact your ability to make debit card casino deposits.

Prepaid Card Casino Deposits – Pros & Cons

Prepaid or Debit Card Casino Canada 2017The best part about depositing with a prepaid card is that you are not divulging any permanent financial information. You are only inputting the card information of a payment method that will no longer exist once you’re done.

So long as you purchase prepaid cards in the exact amount you intend to deposit, you can cut it up and toss it in the trash once the deposit is made. If the information is stolen, you get the last laugh.

The only negatives here are that you’ll have to do a bit of traveling to purchase the card, and it will cost a few extra dollars to do it. Prepaid cards generally cost no more than $5, on top of the pre-loaded cash amount.

How to Make Prepaid or Debit Card Casino Deposits

This is the really simple part, and both cards work the same way. Log into your online casino of choice and go to the banking section. Choose the appropriate method, either prepaid or debit card casino deposit. Enter the details from the card as instructed and submit.

The funds are instantly credited to your account. Enjoy!

written by Grameister777

Aug 01

Reliable and reputable casino banking options for the masses.

It’s been scientifically proven that, when given an abundance of options, we have a much harder time making a decision. If vanilla and chocolate are the only ice cream flavors on offer, we have no trouble picking one. But when there are 30+ flavors on the menu, our brains can’t seem to decide which we’d like best.

Casino Banking Options

The same thing tends to occur these days when looking over the casino banking options at an online gambling website. In the old days, when credit/debit cards and bank transfers were the only choices provided, it was simple.

Now we have credit cards, debit cards, prepaid cards, e-vouchers, instant checks, bank wires and cash transfers. And what about all the online payment processors (aka e-wallets), like Skrill, Neteller, Eco, PayPal, etc?

So many options! It’s hard enough to pick one as it is. But all we really need to know is which casino banking options are reliable and reputable. So long as we know our money, and our identity, is safe, all it comes down to is choosing the most convenient method of deposit.

Reliable & Reputable Casino Banking Options

We’ll take a look at the most common casino banking methods, and what makes them a reliable and reputable means of moving cash in (and out) of online gambling sites.

Credit Cards: Credit card companies have spent decades enhancing their security systems. They also have multi-million dollar insurance programs in place to ensure that if a user’s identity is stolen, all funds will be returned to the card holder (following a brief investigation, of course). The only negative here is that you can’t withdrawal beyond the limit you’ve deposited.

Debit Cards: Being linked straight to your bank account, debit cards won’t let you overspend. This is perhaps the most popular of all casino banking options. The banks that issue them have the exact same insurance policies to protect players from fraudulent activity. Some banks, however, won’t facilitate a payment associated with a gambling website, especially if it’s considered illegal in your jurisdiction.

Bank Transfers: Just like using a debit card, deposits come straight out of your bank account, and withdrawals go back into them. Cash outs take some extra time to process, but they are perfectly safe, secure, and insured.

Instant Checks: Also known as eChecks or ACH deposits, instant checks are exactly like writing a paper check. You input the account number and bank’s routing number from a paper check (the casino will guide you through this) and you’re all set. You can’t use this method to withdrawal, though.

Cash Transfers: Although they are a bit more expensive and time consuming, cash transfers are one of the safest casino banking options. Western Union and MoneyGram are the most common options. You’ll have to gather the recipient information from the casino, then visit an agent to set up the transfer, but by the time you get home the money should be in your account.

eWallets: Online payment processors enforce very strict security measures, and are great for streamlining both deposits and withdrawals. You won’t have to share your financial info with the casino, either. You link your credit/debit card or bank account to the eWallet. When making a payment, you’re redirected to the online payment processor for login and confirmation.

Reliable and Reputable Casino Operators

It’s not just the casino banking options you have to worry about. The operator you choose to deposit with has to be reliable and reputable, too. Go with one that’s been around for many years and has no recent customer complaints circulating.

When using any of the casino banking options, look up at the URL. Does it start with https://? If so, you know the payment is secured with sophisticated data encryption technology. If not, immediately close the page and find a different casino.

written by Grameister777 \\ tags: ,

Jul 11

Hackers are constantly attacking land-based casino customer data, while millions of players enjoy secure casino gambling online.

Secure Casino Gambling OnlineIf I told you it was safer to gamble over the internet than in a land-based casino, would you believe me? Probably not. Who am I to offer such criticism of distinguished resort properties? I’m not a scholar. I have no background in computer science or security management. I don’t even work in IT. Heck, I wouldn’t trust me either!

But what if I told you there was evidence to back up that claim? Evidence and hard facts are what all beliefs should be based on – not unsolicited word of mouth. Just look at how many social media hoaxes go viral these days, like the ‘Anwar Jitou / Jayden K. Smith Facebook hacker‘ rumor. Yeesh!

Secure Casino Gambling Online

Players have experienced secure casino gambling online for years now. The only notable breaches in security occurred when an inside source with upper-management access in a company abused their power.

The Absolute Poker / UltimateBet Super User Scandals of 2006-2008 are a perfect example. However, it wasn’t customer information that was stolen. A high-ranking employee created a ‘super user’ account to spy on player’s poker hands, cheating them out of millions at the tables.

Since then, no super user account have been identified, but what we’re talking about here is the security of every player’s personal and financial information when accessing an online casino website from their desktop or mobile device. Compliance with data encryption standards is mandatory, and all major operators adhere to these guidelines.

There’s no evidence or reports of any reputable operator suffering from a breach in personal and/or financial data. That information is protected by extremely powerful security protocols, include minimum 128-bit SSL encryption algorithms. It’s the exact same technology utilized by government banking institutions.

Encryption Algorithms

Encryption Secure Casino Gambling OnlineWhen a player participates in secure online casino gaming, every aspect of sensitive data transmission is protected by encryption algorithms. Encryption takes place when signing up an account with your real name and address. It’s utilized to secure username and password data when logging in. All financial information during banking operations (deposits and withdrawals) is encrypted as well.

To better explain the process, we’ll take a look at some of the relative definitions of data encryption provide by Network Sorcery:

Encryption: The process of making a message unrecognizable with a cipher algorithm.

Cipher Algorithm: A mechanism used to encrypt or decrypt a message.

Encryption Key: A sequence of values that are used with a cipher algorithm to encrypt a message. The choice of random (or cryptographically pseudorandom) keys, a secure key exchange mechanism, frequent key refreshments, and good secrecy protection of keys are all essential ingredients for the security of the integrity verification mechanism.

That’s a lot of big words, I know, but what it boils down to is this. Your information is altered to look like something no one could possibly read during transmission. It provides the assurance of entirely secure online casino gambling to customers all over the world.

Land-Based Casino Security Questionable

Land-based Casinos HackedThe security of land-based casinos has been compromised time and again, including a rash of recent incidents that customers are still dealing with. Just last month, the Hard Rock Casino Las Vegas admitted to a data breach involving customer payment cards after malware was placed on the resort’s card processing system.

Between 2013 and 2016, reports confirmed a strain of Canadian casinos were victims of a sophisticated hacking group. The cyber-attack laid claim to everything from corporate records the customer information. The hackers were so brazen, they demanded a ransom, lest they release the information to the public. No ransom was provided, and customer data was publicly posted.

Last year, Affinity Gaming, operator of seven major casinos across the United States, filed a lawsuit against Trustwave, the security firm it hired to investigate a 2013 data breach of its customer accounts. During that investigation, after Trustwave assured the group its systems were safe, another data breach was identified.

These are just a few of the bigger stories to surface in recent times. Land-based casinos are constantly being hacked; their customers’ information being compromised. And all the while, millions of internet users have enjoyed secure casino gambling online.

written by Grameister777 \\ tags: ,

Jul 06

The best Canadian Visa brands for online gaming have evolved over the last decade. Learn what works, what doesn’t, and why the landscape has changed so drastically.

Best Canadian Visa Brand for Online GamingIt wasn’t all that long ago that Canadians could gamble online at any website they wanted, choosing any deposit method they desired to do it. Times have changed since then. Credit cards are still one of the top preferred ways to deposit, but they don’t always work.

The list of best Canadian Visa brands for online gaming is a lot shorter than it used to be. All over the world, it seems governments are trying to restrict what iGamers can and can’t do. That approach has been historically ineffective, though.

What has been working—what’s really happening here—is that laws are putting limitations on what financial institutions, including credit card companies, can and can’t do. Threatening legal action against major corporations has proved especially successful in the US, and unfortunately, it’s having a significant impact on Canadians.

US-based Visa Brands Rarely Work

When the US government passed the Unlawful Internet Gambling Enforcement Act in late 2006, it required financial institutions to “identify and block or otherwise prevent or prohibit the processing of” payments for online gaming purposes.

You wouldn’t expect this to have any impact on Canadians, where there are no such laws on the books – but it does.

There are quite a few US-based Visa credit card companies that service all of North America. Chase Bank is one of the biggest. If you have a Chase-branded Visa, even though you are located in Canada, there’s a very high chance that your online gaming deposits will be denied.

Chase and other US-based card companies like it are, essentially, covering their behinds. If they let an online gaming deposit slip through from a member account originating below the 49th parallel, they could be in big trouble. So, instead of going through the hassle of segregating their member accounts by jurisdiction, they have simply put a stop to all known internet gambling payments.

Why Some US-Visa Deposits Still Work

The system is heavily flawed. Many of today’s online gaming sites are well aware of the legal landscape, and are able to circumvent the law by submitting payments under a different “code”.

Credit and debit card companies like Visa and MasterCard apply a special, 4-digit numerical code to every transaction. Known as a Merchant Category Code, or MCC Code for short, this code identifies each type of transaction. “Betting” (lottery, casino games, etc; online or otherwise) is classified under code “7995”.

If a US-based Visa brand identifies a 7995 transaction coming from an online website, they will rejected it. However, if an operator is able to disguise the payment with a different categorical code, such as “7278 – Buying/Shopping Services”, it could slip by the bank unnoticed.

In recent years, the acceptance rate of US-based, Canadian Visa brands for online gaming has fallen to about 10-20%. Because of this, it’s actually recommended that, if a Visa deposit fails, the user should ‘try, try again’ before giving up.

If every attempt is met with rejection, you know it’s time to seek out a new Visa card company, or a different method of deposit altogether.

Best Canadian Visa Brand for Online Gaming

Fortunately, there are several Canadian-based credit card companies that support online gaming deposits. So long as your Visa card is issued by one of these major Canadian-based banks, you should have no trouble using the card for online gaming purposes.

The most reliable Canadian Visa brands for online gaming include:

  • RBC

    • The Royal Bank of Canada (RBC) started out as a small financial operation in Halifax, Nova Scotia in 1864. Over the last century and a half, it’s grown exponentially into Canada’s largest and most trusted banking institution. RBC serves customers in over 50 countries, with a staff base of approximately 79,000 employees and more than 16 million customers world-wide.

  • CIBC

    • Established in 1867 under its former name, Canadian Bank of Commerce, the Canadian Imperial Bank of Commerce (CIBC) is celebrating it’s 150th anniversary in 2017. To their credit, CIBC was a founding partner of its hometown Toronto Blue Jays baseball team. CIBC operates in Canada, Asia, Europe, the Caribbean, and the United States, housing over 40,000 employees and 11 million customers.

  • BMO

    • The Bank of Montreal, (d.b.a BMO) is the fourth largest bank in Canada, and the tenth largest in North America. It’s also the oldest bank of Canada, established by a group of merchants in 1817, making this their bicentennial year. Back then, it operated out of a rented house. Today, BMO’s rich history has evolved into more than 900 branches in Canada alone, with 45,000+ employees and over 7 million customers.

  • TD Canada Trust

    • A division of Toronto-Dominion Bank, TD Canada Trust started out as the Huron and Erie Savings and Loan company, established in 1864. Following TD Bank”s acquisition in 2000, it’s now a personal, small business and commercial bank operation with more than 1,100 branch offices, and over 10 million customers, throughout Canada.

These are all respected members of Canada’s Big Five banking institutions. Their commitment to quality customer care makes RBC, CIBC, BMO and TD Canada Trust four of the best Canadian Visa brands for online gaming.

written by Grameister777 \\ tags: , , ,

Jun 27

Play Online Casino Game for Real Money

Royal Vegas Mobile

If you’re just now wondering if you can really play online casino games for real money, you may be surprised to know a few things. First of all, yes – you really can! And second, people have been doing it for more than two decades.

The first real money online casino games appeared in 1996, and the industry has only progressed—much for the better—since then. Now, you can play online casino games for real money on any desktop or laptop computer, as well as all smartphone and tablet devices. If you can get an internet connection, you can play.

There are three main steps to playing online casino games for real money. You need to be able to make a deposit, navigate the games menu, and request a withdrawal.

Funding Your Account

Deposit to play real money online casino gamesBefore you can play real money online casino games, you must first fund your bankroll. Once you’ve registered an account, you’ll be asked if you want to make a deposit. Make your way to the Banking section and choose to Deposit.

You’ll have a number of payment methods to choose from. These will include basic options like credit and debit cards, prepaid cards, gift cards, etc. Online payment processors often include Neteller, PayPal, Skrill, and a few others. Bank transfers and instant eChecks are also common.

Select the method that suits you best, follow the instructions, and your account will be funded in no time. You’ll be offered a sign-up bonus as well, maybe 100% up to $100 or better. Be sure to read the terms of the bonus first so you can take full advantage.

Playing The Games

Play Online Casino Games for Real MoneyWith cash (and a nice bonus) in your account, it’s time to play. From the lobby, look for the Games tab. They’re usually segregated by type, such as Slots, Table Games, Progressives, Video Poker, Casual Games, etc.

Because the slots menu is so vast, it will likely have sub-categories as well, like 3-reel slots, 5-reel slots, fruit machines, and progressive jackpot games.

Click on the game you wish to play, and it will load up in a few seconds. From there, you’ll be able to click on a Help/Info link for rules and pay table information. If you’re not entirely familiar with the game, be sure to read over this section.

Cashing Out Winnings

Cash Out Real Money Online Casino Games If you get lucky, you’ll have a nice balance to cash out. If you claimed a bonus and made some money off it, make sure you’ve completed the wagering requirements first, or the bonus + winnings will be forfeit.

When you’re ready to cash out, go back to the Banking section. This time, choose the Cashout or Withdrawal option. Select your preferred method of withdrawal. In some cases, you must use the same method you used to deposit. If that’s the case, you’ll be instructed to do so.

Once the method is chosen, simply enter the amount to be withdrawn, follow any other directives, and submit the request. The time it takes to receive your cash will vary depending on the method of choice, but you can expect to wait 2 days minimum. Almost every online casino requires a 48 hour waiting before processing.

written by Grameister777 \\ tags: , , ,

Mar 10

Online Casino ScamsChances are, anyone who ventured into the online gambling arena more than ten years ago, probably came across some online casino scams. Unfortunately, countless people fell victim to them. The only positive that came from it was a more keen awareness of the situation, and better knowledge in how to avoid them.

Today’s most reputable operators take palpable steps to ensure players that their websites and casino games are 100% safe, secure and fair. They provide a level of transparency that was almost unheard of back in the day, when the industry was still in its infantile stages.

Online Casinos Scams Less Prevalent in 2017

While online casinos scams will always exist in the enigmatic realm of cyberspace, they are much less prevalent than they used to be. Twenty years ago, the majority of gambling sites were either rogue operators looking to make a quick buck before disappearing into the shadows, or financially unstable businesses that inevitably fell off the map. Either way, players were left high and dry.

There was little or no regulation of internet betting sites back then, either. It was an emerging business unlike anything before it. It took years for governments to grasp the importance of regulation, and then develop a regulatory framework, as well as special government bodies to oversee licencees and enforce their laws upon them.

Now days, not only have a large number of jurisdictions from all over the world embraced the internet gambling industry, they’ve imposed an infrastructure for regulation that is heavily fortified with legal consequences for anyone that fails to comply.

Although it hasn’t discouraged all rogues operators from attempting to lure unsuspecting players into their websites, it’s certainly cut their numbers. Today, of the 3,500+ gambling websites on the market, the vast majority of them now are upright businesses.

How To detect Online Casino Scams

Avoid Online Casino ScamsThere are several easy ways to determine if an operator is reputable. First, you need to see what software they use, what payment methods are available, and if they are licenced by a reputable jurisdiction.

Software

If you’re new to the game, you may not know the names of top software suppliers. They include companies like Microgaming, Playtech, NetEnt, NYX Gaming, Amaya, Evolution Gaming, 888, Aristocrat, Bally, IGT, Betsoft, GameSys, Scientific Games, GTECH, and Yggdrasil.

These are just off the top of my head (I’ve had years of experience to learn them), and is far from a complete list, but if any of these suppliers are employed, it’s a safe bet you’re in good hands.

It’s worth noting that operators must pay to employ each brand of casino software. The more reputable the software, the more expensive it will be. Thus the more the operator is willing to spend on its user experience, the greater it speaks towards their reputation.

Payment Methods

Like software brands, operators incur a fee for each payment method they employ. The general rule here is, “The more the merrier”. Any online casino that offers only two or three options, like bank transfers and cheques by mail, isn’t investing much to accommodate their players. They could just be saving money before they cut and run.

Licence

All upright gambling websites will be licenced, and will proudly display their licence status at the bottom of their website. If you don’t find licencing information here, leave immediately. If you do, pay attention to where the licence came from.

The most reputable jurisdictions are Isle of Man, Malta, the UK, Kahnawake (Canada), and Gibraltar. For the most part, you’ll want to avoid online casinos licenced in Curacao. It’s not a definite sign that the operator is rogue, but it is a red flag. Curacao offers licences to anyone who will pay for them.

Ask Questions

Test out the customer support team. Ask the tough questions, like how long have they’ve been in operation, what is their parent company (owner), where are they located, and what is their licence number? See how long it takes them to respond, and how knowledgeable they are about these things. Online casino scams will quickly give themselves away if they dodge these questions.

Proper English: Is the website written in proper English, or broken English? Did the response to your support questions come back with text obviously written by someone who doesn’t speak English fluently? Misplacement of words and bad grammar can be the fastest sign of an online casino scam.

written by Grameister777 \\ tags: ,

Mar 06

The digital age is here. None would debate that. Today, there’s even more evidence to support the fact as Bitcoin, the popular digital online casino currency, has proved it’s worth its weight in gold. On Thursday, the digital currency’s value made history as it surpassed the value of an ounce of gold.

Bitcoin Online Casino CurrencyBy Friday, financial media outlets were shouting the news from the virtual rooftops. When trading closed Thursday, BBC News reported that Bitcoin had closed out at USD $1,268, while an ounce of gold finished the day at USD $1,233.

Many are questioning the positive nature of the news, however. Some analyst believe the rising value of the popular online casino currency is attributed to an influx of demand in China. Authorities in that region have previously issued warnings that Bitcoin is frequently used to funnel money out of the country.

On the bright side – for Bitcoin investors – the crypto-currency is gaining a lot more merit.

Bitcoin has received questionable ratings since it was first established in 2009. Many challenged whether Bitcoin would even last.

In November 2014, its value spiked to more than $979, up over $800 in just two months time, but quickly fell back down to around $420. Its fluctuation has been volatile ever since, dropping into the low $200’s and eventually rising once more to its current value of USD $1,277, as of Monday morning.

Anonymity a Pro for Users, not Authorities

By far the most controversial issue surrounding Bitcoin has been the anonymity it provides users. While that factor has been a boon for many who use it, including many players of Bitcoin online casinos, it’s been a bane for law enforcement agencies world wide, who’ve had a terrible time tracking cases of money laundering.

Earlier this year, authorities in China initiated a swift crackdown against Bitcoin trading. The effect was noticeable by mid January, when Bitcoin’s value suddenly dropped over $150, but the currency has clearly recovered, rising steadily, and to new heights ever, since.

Bitcoin Surge Doesn’t Mean Much

Not everyone thinks Bitcoin’s rise above gold is all that remarkable. Fran Strajnar is the CEO and co-founder of Brave New Coin, an analytical research firm that studies relative financials. According to Strajnar, gold’s phenomenally higher market cap is much more important.

“The gold supply is 180,000 tonnes of ‘above ground’ gold, valued at $7 trillion,” he told CNBC in an email. “The bitcoin market value is $20 billion, so gold vs bitcoin is psychological more than anything.”

Strajnar conceptualized that, “The comparison is perhaps a positive signal that bitcoin is being commoditized. But bitcoin is not a commodity, while gold has been a commodity for thousands of years.”

Adrian Ash, Head of Research for Bullion Vault, agreed that Bitcoin overtaking gold “doesn’t… mean much” in today’s market.

“Price is just a number, and overtaking one ounce of gold doesn’t in itself mean much,” Ash told CNBC. “More important is that bitcoin is making new highs. That signals both a growing appetite for alternative assets and also that crypto currency is finding new, perhaps unwary, buyers.”

written by Grameister777 \\ tags: ,

Feb 25

MasterCard Deposit Sportsbooks in Canada

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MasterCard is a global enterprise—a brand that is recognized in all four corners of the world. So, when it comes to sportsbooks and other online betting sites, it’s no surprise that most of them accept this as a form of payment.

However, no two sites are the same and some respond differently to MasterCard, as we shall discover. In this article we’ll put Sports Interaction, a MasterCard Canadian sportsbook, into the spotlight.

Sports Interaction: The Best Canadian MasterCard Sportsbook

Let’s be honest here, it doesn’t take a great deal to become the “best Canadian online sportsbook”. Competition isn’t exactly fierce, certainly not since the mighty BetFair pulled out of the market. But there are still many sportsbooks out there and you have to give Sports Interaction credit for getting everything right and for offering gamblers all they need.

Sports Interaction struggled against BetFair when it was accepting Canadian players. BetFair is an exchange first and a sportsbook second (for many years, it didn’t even have a sportsbook). An exchange is not the best climate for casual gamblers and for first-time gamblers. They can be complicated, and they also have minimum bets that are off-putting for new players.

However, even in the face of that, BetFair were still able to dominate Sports Interaction, using its powerful status in the industry, as well as its vast marketing budget, to take control. Now that BetFair is out of the way, Sports Interaction has taken control, and rightly so.

The Mighty B might have been better for diehard gamblers, high rollers and people who like to manipulate the exchanges. But for casual weekend gamblers, Sports Interaction always had so much more to offer, from bigger bonuses to better limits and much more.

MasterCard for Deposits on Sports Interaction

If you use a MasterCard debit card, there will be no fees and no worries. However, some sites will charge you fees for using a MasterCard credit card. And when you consider that you also have to pay the bank fees on top of this, that’s rather frustrating. Thankfully, Sports Interaction is not one of these.

You may need to pay fees to your credit card provider if applicable, but there are no extra fees required by Sports Interaction. They accept both MasterCard debit cards and credit cards. Both are instant, both are verified and both can be used to secure Sports Interaction welcome bonuses.

MasterCard for Withdrawals on Sports Interaction

You can not use your MasterCard credit card to withdraw on most gambling sites, and Sports Interaction is no exception. If you use it to deposit, then you will need to add another method to withdraw. This is preferable anyway, because if you fund money back to a credit card then it shows up as credit. It may go toward paying off your bill, it may just mean you can be more frivolous this month. But most gamblers want to see cash winnings, so this is not ideal.

If you use a MasterCard debit card then there are no such issues. You can also use a MasterCard credit to deposit and a MasterCard debit to withdraw. This is actually a great way to fund your sessions. If you deposit $100 and win $500, you can leave $200 in your Sports Interaction account, move $100 back to the credit card, and use the remaining $200 to enjoy yourself.

And who said gambling doesn’t pay?

written by Grameister777 \\ tags: , , ,