Prolific gamblers roll the dice when it comes to online gambling. Experts predict the $60 billion market may reach $127 million market value by 2027. Legitimate digital casinos are losing some of the market share to fraudsters who have come up with clever ways to dupe unsuspecting risk takers. With so much money on the line, sophisticated scammers create professional websites, which may fool new and seasoned gamblers. However, there are a few red flags that will signal it’s a scam. Here are four ways to protect yourself and your money while betting online.
Legitimate online casinos are transparent about the website's operational processes and what the player can expect. Account holders may experience a stringent sign-up process, which includes identity verification. The casino's terms, including the RTP (return to player) are prominently displayed for gamblers to view. A favorable RTP is up to 98 percent. If the return to player is not available or is north of 80 percent. Slots may give gamblers a 1:5000 to 1:34 million chance to win, depending on the website. If the terms are not favorable, keep on surfing to another casino.
Just because a website has all the bells and whistles doesn't mean that it's set up to protect a player's information. Perform due diligence to ensure security measures are in place. Review the website's security procedures and payment platforms. Transparent gaming providers will detail this information for potential customers. Reputable online casinos use secure protocols to protect data transmissions. At the bare minimum, the website address should start with 'https' instead of 'http'. By implementing secure socket layer (SSL) technology, a website keeps information secure and prevents others from viewing and changing it in transit. Encrypted logins and protected files are two ways to secure data. Good casinos are diligent about security and have several layers of protection for players.
In addition, safe digital wallets are a must, giving a gambler peace of mind by allowing him to transfer money in a way that he is familiar with. Legitimate websites use recognized payment platforms, which have additional security measures in place to protect a player's money. Prompt payment is also a sure sign that a website is legit. If a site frequently delays payment for winnings, the casino is not acting in good faith. Withdrawing funds at reputable casinos is a simple, painless process. If months have passed by and a player is still waiting, chances are he or she will be a victim of online casino scams.
Online reviews are generally positive for well-respected online casinos. Gamblers detail each interaction, giving future gamers insight into how each casino operates. Finding a good casino is as simple as letting fingers do the walking to discover a casino's reputation. Choose a respected and well-reviewed casino to ensure personal data and money is secure. Taking steps to ensure online safety is a gambler's responsibility. Due diligence is part of creating an amazing overall betting experience. After all, online casinos are meant for fun and the slots are waiting.