m rv |
212.143.66.129 (talk) No edit summary |
||
Line 1: | Line 1: | ||
'''Online casinos''', also known as '''virtual casinos''', are online versions of traditional ("[[brick and mortar]]") [[casino]]s. Online casinos enable gamblers to play and wager on [[casino games]] through the [[Internet]]. |
'''Online casinos''', also known as '''virtual casinos''', are online versions of traditional ("[[brick and mortar]]") [[casino]]s. Online casinos enable gamblers to play and wager on [[casino games]] through the [[Internet]]. |
||
The online casino we found to be most recommended in terms of reliability, bonus, payout and overall performance is http://banner.monacogoldcasino.com/cgi-bin/redir.cgi?id=N&member=Wikip&profile=mama |
|||
Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online casino is using an appropriately programmed random number generator, [[table game]]s like [[blackjack]] have an established house edge. The payout percentage for these games are established by the rules of the game. |
Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online casino is using an appropriately programmed random number generator, [[table game]]s like [[blackjack]] have an established house edge. The payout percentage for these games are established by the rules of the game. |
Revision as of 09:33, 16 February 2006
Online casinos, also known as virtual casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet.
The online casino we found to be most recommended in terms of reliability, bonus, payout and overall performance is http://banner.monacogoldcasino.com/cgi-bin/redir.cgi?id=N&member=Wikip&profile=mama
Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online casino is using an appropriately programmed random number generator, table games like blackjack have an established house edge. The payout percentage for these games are established by the rules of the game.
Reliability and trust issues are commonplace and often questioned. Many online casinos lease or purchase their software from well-known companies like Wager Works, Microgaming, Playtech, Realtime Gaming and Cryptologic in an attempt to "piggyback" their reputation on the software manufacturer's credibility. These software companies use random number generators to ensure that the numbers, cards or dice appear randomly.
Online casino types
Online casinos can be divided into two groups based on their interface: web-based casinos and download-based casinos. Some casinos offer both interfaces.
Web-based online casinos
Web-based online casinos are websites where users may play casino games without downloading software to the local computer. Games are mainly represented in the browser plugins Macromedia Flash, Macromedia Shockwave, or Java and require browser support for these plugins. Also, bandwidth is needed since all graphics, sounds and animations are loaded through the web via the plugin. Some online casinos also allow gameplay through a plain HTML interface.
Download-based online casinos
Download-based online casinos require the download of the software client in order to play and wager on the casino games offered. The online casino software connects to the casino service provider and handles contact without browser support. Download-baseds online casinos generally run faster than web-based online casinos since the graphics and sound programs are located within the software client, rather than having to be loaded from the Internet. On the other hand, the initial download and installation of a download-based online casino client does take time. As with any download from the Internet, the risk of the program containing malware does exist.
Games offered
A typical selection of games offered at an online casino might include:
See also casino game.
Signup bonuses
Many online casinos offer signup bonuses to new players making their first deposit. These bonuses normally match a percentage of the player's deposit with a dollar maximum, and almost all online casino signup bonuses require a minimum amount of wagering before allowing a cash out. Gameplay at specific casino games might be excluded from the wagering requirement calculation.
A fictional signup bonus offer follows as an example:
- The online casino offers new players a deposit matching bonus of 100%, up to $100
- The player must wager 25 times the total amount of the deposit plus the bonus before withdrawing
- Wagers on baccarat, craps, roulette, and sic bo do not count towards meeting wagering requirements
For this particular example, this would mean that a player depositing $100 would start with $200 in his account. The player must make $5000 ($200 × 25) in wagers before being allowed to make a withdrawal.
Advantage play in casino signup bonus situations is mathematically possible. For example, the house edge in blackjack is roughly 0.5%. In the example above, $5000 in wagering with a house edge of 0.5% will result in an expected loss of $25. Since the player received a $100 signup bonus, the player has an expected profit of $75.
Advantage players who use bonus offers for an expected profit are often called "bonus hunters", "bonus abusers", and "bonus whores". Some online casinos have restrictions regarding "the spirit of the bonus offer" which they sometimes use as a deterrent to what they consider "bonus abuse".
A player who wishes to do this at a large number of online casinos must be careful. Some casinos are rogues (see below) and do not pay. Others have terms and conditions that are not favorable to the player, such as most bonuses that are restricted to slots.
Fraudulent online casino behavior
Fraudulent behavior on the part of online casinos has been documented. The most commonly reported behaviors are refusal to pay withdrawals or cheating software. Online casinos who have multiple confirmed cases of fraudulent behavior are often called "rogues" or rogue casinos by the online casino player community.
One commonly reported behavior related to refusal to pay withdrawals is the refusal to pay withdrawals promptly, in hopes that the player will continue gambling with the money in the account and lose it all back.
Cheating software appears to be less common than payout problems.
Some casino software has been mathematically proven to cheat, such as Casino Bar (evidence by Michael Shackleford and others). Elka System/Oyster Gaming software is known to cheat, also confirmed by Michael Shackleford. Statistically non-random video poker has been reported at Playtech, see article "OCA STATS". Screen shots from the back office of an older brand of software indicated the odds could be adjusted by the operator.
Much of the speculation about casino software cheating is usually the result of a player finding a pattern in a statistically small set of results. Most people in the online casino industry believe that most of the major casino software brands offer odds and paybacks that are the same as their land-based casino counterparts.
Many casino gambling portals and player forums maintain blacklists of rogue casinos. These can easily found in any major search engine, but most of them constitute indvidual webmaster and player opinions rather than anything official from any type of regulating body.
Fraudulent player behavior
Common fraudulent behavior from online casinos players includes the signing up for multiple casino accounts using different identities in order to claim a bonus offer multiple times. Another form of fraudulent behavior might be the use of a graphics editing software like Adobe Photoshop to create a false winning slot machine game screenshot in an attempt to tell the casino they hit a jackpot and didn't get paid for it.
Online casinos usually lock the player accounts for these people, and it's widely believed that online casinos share fraudulent player blacklists.
Legality
See online gambling for a discussion of the legality of playing at an online casino.
See also
- Casinos
- Gambling
- Poker
- Online poker
- Slot machines
- Blackjack
- Video poker
- Craps
- Sportsbook
- Pathological gambling