Online Casino E-book
Successful online gambling involves several aspects that should be considered before you start risking your hard earned money. Before we get into the specifics this is a rule that should fit any kind of gambling whether it be online or anywhere else. Gambling is entertainment with a possibility it could be profitable. However it should also be noted that it is unlikely to be profitable. Just as when you go to the movies …. or out to dinner … you should have already decided a budget for your entertainment and stick to it. To not take this approach invites serious consequences that could literally put your lifestyle at stake. The old saying “never gamble what you can’t afford to lose” is old for a reason. It makes perfect sense.
You may have noticed most if not all gambling games have a minimum and a maximum amount for a bet. The minimum is obvious but many people mistake the maximum amount as existing for their protection. Quite the opposite. Take blackjack for instance. Eventually you’re going to win a hand. If you had deep enough pockets you could keep going double or nothing until you hit a win and would therefore walk away even. This is not possible when a maximum amount of bet is in place.
Always remember the casino exists and is profitable …. able to pay for all those lights, high-rise parking lots …. employees etc … for a reason. The odds are heavily in their favor to take your money. Only a fool or perhaps a professional poker player goes into a gambling situation thinking they are going to walk away a winner. Poker is a bird of another feather and will not be covered at this time except in vague terms.
Now all that said: there’s no reason not to enjoy gambling. As mentioned …. if you enter into it with the idea you’re going to lose what you brought to play on … you can have a really good time and …. every once in a while actually leave with more money than you came. On very rare instances … a lot more money than you started out with; but these times must be considered as just that: very rare instances.
This writer has hit a couple of Royal Flushes on video poker. Has at times walked away from the baccarat table with a much bigger bank roll than when he started. I’ve hit a slot machine jackpot that once paid for my trip to Las Vegas and then some to spare. The two Royal Flushes were hit online and both times I was paid. That is a concern for online gamblers which should NOT be ignored as it is the most likely way you will be cheated contrary to what some .. perhaps many may think.
Gambling games online are not fixed when you choose a casino that uses publicly traded software such as any casino allowed to advertise on this site. Publicly traded software (such as Microgaming) means it is a parent company that provides the games to the casinos and very large amounts of money are paid to get a license to use these games. It simply would not be good business for the parent company to provide games that aren’t fair-odds because word travels fast online and they’d be out of business quickly if they didn’t have winners on a regular basis.
As things are set up this way (again ….. when choosing a casino powered by Microgaming or another such publicly traded software) …. there will be winners. But here’s the big catch and one that should not go ignored. Most parent companies that provide the casino games do not make sure the casino pays the player! While Microgaming has proven an exception to this rule on matters where if a casino went out of business ….. they made sure the players got the money that was in their accounts, there are variables such as the requirements for getting paid ….. and by that i mean the fax-back information that proves you’re who and where you say you are.
This is a money-laundering protection system which is the norm for almost any reputable online casino. It must be adhered in order to get paid so if you’re going to gamble online …. make up your mind now you’ll likely have to at some point … meet these obligations. They are not hard to meet ….when dealing with a reputable online casino (such as any allowed to advertise on this site as it is our policy to only allow such casinos with quality reputations to advertise) and in some cases depending upon the ewallet you’re using to make deposits …. may be more stringent than other times.
As mentioned some parent software companies such as Microgaming try to ensure all players get paid. But even the best intentions are blind-sided by the money laundering system. Allow me to explain. Suppose you’ve won $100,000 (yes big wins happens all the time) and the casino asks you to fax in your proof of residence (usually all that requires is a recent utility bill with your name on it and a copied version of your drivers license) … and they say your faxed information didn’t arrive in legible form. Who is to argue this fact? It is left to the casino’s word against your word. Not a comforting position considering the casino paid hundreds of thousands of dollars to get license to use the casino games.
Sure once there are enough complaints the parent company (if it is Microgaming ….. most have proven to do nothing under such circumstances) then action is taken against the casino in question. But that doesn’t do the individual (such as yourself) a whole lot of good considering it could be months, years if ever ….. that you are compensated for such tactics. Its a whole lot easier to just stay clear of questionable online casinos by choosing those proven to be of quality such as the ones listed on this site. We have taken care to list only proven online casinos that pay and have a history of such reputation. We want your loyalty and have taken careful measures to ensure you have reason to want to come back and make this your jumping-off location for choosing an online casino of quality.
Even casinos of quality reputation such as Casino Rewards member sites … have terms which you might not find to your taste such as there is a $4,000 withdrawal limit in some instances (see their terms and conditions for withdrawal) that you should be aware of so that you are not surprised in any kind of unpleasant manner. *Please note however that this is in place to prevent money laundering schemes and if you’ve deposited $5,000 or more in the life time of your account with any/all their casinos (combined) that you are not included in this T&C and can withdrawal any amount at any time regardless of the amount.
The owners of this website have between them about 17 years of experience in the online gambling niche. As you may have noticed .. there are very few online casinos we list or allow to advertise on this site. The time to trust is now. DO NOT do your gambling after you’ve won! All online casinos pay out on small wins … or most of them. This gives the impression they are reputable and can be trusted. Do not be fooled. Dis-reputable online casinos evaluate every large cash-in with the history of your proven play … and if it should be determined they won’t get their money back out of you … they simply won’t pay. That is not true with all online casinos. There are without a doubt many that DO pay winners of every size …. without thought about whether the casino will get that money back. Which is how it should be done. Bad outweighs the good however and this should ALWAYS be on your mind before you go depositing your money into a casino that is unproven or worse ….. doesn’t have an outstanding reputation.
One last word on cashouts. The US ….. like many countries … takes note of large amounts of money coming in at any one time. With that in mind … and the fact that almost any online casino will require much more stringent proof of residence/person requirements when cashing out a large amount of money at any one time …. that is it much wiser to cash out your big wins in smaller amounts than 2500. I think the number is actually a little larger than that but to take no chances …. I usually accept money into my bank accounts in numbers smaller than that number and have had no troubles in the seven some years of playing online.
To sum things up: the secret for a successful online gambling is first and foremost the casino you choose to play. Don’t be swayed by bonus offers unless you’re a small timer who is in this for entertainment purposes only. Otherwise you risk tying up your money into play-through requirements that in some cases are not reasonable and most likely will never be met. In other words ….. any win you happen to hit will just simply be given back to the casino in attempt to meet play-through requirements. Or you might end up with a casino that has no intention of ever paying you even if you don’t fall into the bonus requirement trap because you chose one that wasn’t reputable.
Stick with proven casinos using publicly traded software and this writer strongly suggests you make sure that it is an online casino powered by Microgaming casino software and you’ll always get a fair-odds game and if you choose casino allowed to advertise on this site … get paid regardless of how much you’ve won.
