Gambling itself can be a risky entertainment, mostly because the bet outcome cannot be predicted and the player can lose their money. But this is an indispensable part of games of chance, so financial risk is natural in any casino.
However, there is a strong belief that land based casinos today are still less dangerous and more regulated than online casino sites. Besides the natural financial risks, gambling at casinos suggests other risks - fraud, unfair game or dealer, loss of personal data, etc. Even today, many bettors believe that land based casino houses offer less of such risks, or rather, that web casinos subject the customers to higher risks.
Yes, CasinosHunter can tell you right away that this is old school data, and if you know how to choose a safe and reliable online casino, the risks are little to none (except the natural financial one, of course). So, the key here is to learn exactly how to tell a good casino site from a bad one, and opt for the best online casinos.
Modern online casinos available for many countries are not your old prehistoric dawn-of-the-Internet times casino sites, as shady as a website can get, operated by God knows who and God knows where.
Today, the majority of online casinos are run by reputable owners that have been in the niche for years, if not decades, whose reputation, licenses, and legal info can be checked, and whose games can be tested for fairness. This makes online casinos of today way more reliable and secure than before, and therefore, some old online gambling myths must now be dispelled.
The myth is that online casinos are poorly regulated and not actually able to operate legally, in contrast to land based houses regulated by state and local authorities.
The truth is that, running a working casino site costs money, and while there are fraudulent sites out there, most companies investing money in casino sites want them to function and attract customers. And one of the obligatory criteria to attract money paying customers is having a relevant online gambling license (either local, international, or both, or even more than two; yes, some sites do that) and transparent certifications and software testing. Most best online casinos are legal, certified, and provide service according to the laws.
The myth is that people have easier access to casino games at online casinos, compared to land based casinos, meaning that an average player will not rush to a land based house every time they think of a casino game, and therefore they play less often. It is believed that at web casinos, the access is fast and easy, so people tend to play more.
The truth is that the best online casino sites offer Responsible Gambling tools that give each customer full control of their gambling habits. The customers can place limits on their deposits, bets, wagers, and session limits, and even set cooling-off time periods when their access to the casino site is blocked. Of course whether these tools will be used depends on the player, but the same can be said about offline bettors who can’t stand making a bet.
The myth is that online casinos offer games for free in Demo mode to lure the player in, and assure the player they can win real cash, by artificially increasing the odds when the game is free, and then decreasing the odds when the game is played for real money.
The truth is, games in Demo mode are provided to the player to enable the player learn the mechanics and rules of the game, before the player even starts making any real money bets. Moreover, the games offered for free and for real money are the same, tested and certified as Provably Fair. Games available at web casinos are not made by the casinos, but by the software providers, and casinos buy games from software providers. Therefore, no casino site can change the odds in the game, unless they crack the game code open to change it, but the software provider will immediately find that out and stop partnership with such casino site. Bottom line - casino sites cannot increase odds for games in Demo and decrease the odds for real money games with a swipe of hand.
However, if we’re being honest (and we’re always honest), it must be said that some dangers do exist for online casino players. To warn all bettors, we list the most dangerous aspects of online gambling below.
Today, shady websites are less frequent than before, but they do exist, and can look like the most decent casino site ever. Considering that a new casino site appears online almost every month (on a global scale), little wonder scammy sites try to sneak into such an abundant niche. The main danger behind shady websites is user’s money stolen, or user’s personal data stolen - either by the website operator, or by a third party due to security breach.
As we know from big social media sites, even giants in the industry can have security breaches and lose users’ sensitive data. However, the more reliable the casino site, the less risks are there. Bottom line - choose the most reliable casinos.
Both online and offline gamblers can develop gambling addiction. However, while becoming a frequent visitor to a land based betting house will sooner or later be noticed by family or colleagues, or even casino staff, online gamblers have more flexibility to conceal their problem gambling. Land based casinos can even ban problem gamblers from their facility, but online casinos only block fraudulent customers, or customers requesting their account to be blocked. Learn more about Responsible Gambling here.
Some online casinos, being licensed and regulated, offer services to players in the countries where online gambling is a grey market, or banned altogether. Usually, the maximum punishment an offshore online casino can face is being blocked by the government of such a country. However, the local players can face more serious types of punishment, including huge fines and even imprisonment, for violating the online gambling prohibition. The main problem is that, by keeping their website open to customers, online casinos do not “offer” such customers to play, but the customers may not be aware of this slight nuance, or believe that a legal risk is worth it.