Online casinos are usually almost only good for looking at the NHL picks. For many of us, we rarely know any other facts about online casinos, but that changes today. Come with us as we take a look at different facts about online casinos.
Facts about online casinos you didn’t know
Online casinos have come very far since the world first saw their release in 1994. Below we take a look at the different facts you didn’t know about online casinos.
All legal online casinos have licenses
Just like all drivers have a license, the same can be said for online casinos. For an online casino to operate legally in an area, it needs a license. Online casinos are held to a certain standard which is meant to help the user get the best out of their experience with the online casino. Licensing authorities check for various things, such as safety and security, payout percentage, and many more.
Popular licensing authorities include:
- Curacoa
- Malta
- Kahnawake
- Antigua and Barbuda
An interesting fact about online casinos is that you have the power to complain. When you’re unhappy with a certain experience, you have every right to complain to a licensing authority. They will investigate the issue and issue a verdict. The online casino can be closed down when a serious complaint is made.
They have a wide variety of games
Online casinos have the widest variety of games, which draws many casino lovers to them. Some online casinos have also taken to specializing in certain games, such as slots. Many casinos have also opted to make their websites mobile-friendly making it easier for people to play anywhere and at any time.
Mega Moolah
Speaking of slots, did you know that Mega Moolah holds the record for the highest jackpot to be won in a progressive slot? In September 2018, a lucky player placed a bet of 75c and came out with a whopping $21.7 million in winnings.
You can tip the dealer
When we think of live dealer games, the last thing on our minds is whether we can tip or not. Thankfully, online casinos have made it possible to tip those you think are offering a good service. It’s important to remember that not all operators will have this function which is why you should always do your research before looking to tip a dealer.
Online blackjack doesn’t allow you to count cards
Card counting is a strategy used to help determine which hand will win by determining who has the greatest advantage. Bettors who try to determine which hand has the greatest advantage do so by keeping a count of the running cards from their highest to their lowest value.
Card counting is impossible at an online casino because online casinos use a continuous shuffle machine that makes card counting practically useless.
There are a few cryptocurrency casinos on the market
Cryptocurrency has worked its way to the very top of the chain as a means of monetary exchange, and online casinos intend to use this to their full advantage. Many online casinos have adapted their payment methods to offering cryptocurrency, while some have based their entire existence on being a cryptocurrency casino.
Being a crypto casino means that the online casino offers cryptocurrency as its main means of deposit and withdrawal. There are various benefits that come with using cryptocurrencies, such as low transaction costs, quicker transaction times, protection of your banking information, and many more.
Did you know that most cryptocurrency casinos offer different cryptocurrencies? This is because there are different wallets, and in many cases, you can’t make a transaction from one cryptocurrency wallet to another. Let’s say you’re using Ethereum and your online casino uses Bitcoin. The different wallets will make it harder for you to transact crypto between the two wallets. For this reason, online casinos offer different cryptocurrencies as a means of deposit and withdrawal.
