Beginners Guide to Gambling Online
Background
Gambling Online started in
1997 and has grown to over $12 billion in
2006. Some of the first online casinos had
flawed software, gaping holes in their
cash transfer systems and there were even
rumors of organized crime involvement in some
of the gambling sites. Nearly 10 years
later, the online gambling industry is
better regulated, most of the software
provides excellent graphics, and technology
has helped provide a "safer" environment
for online gambling.
With that being said, all
online gambling sites must be safe, right?
Absolutely Not! Even with
the best software and secure systems, it
is the management behind the casino that
determine the reliability and safety of a
online casino. Any Casino that is
recommended by Gambling Wiz provides you a
safe, secure and fair gambling experience.
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Screen Shots of Some Popular
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Frequently Asked
Questions
Every jurisdiction has its
own laws governing online gambling and
most are pretty clear as to whether online
gambling is legal or not. Most of the
these countries, like the UK or Antigua,
understand that it is nearly impossible to
prevent its citizens from gambling online
and take the approach that they want
online gambling to be safe.
The legality of online
gambling in the U.S. is much more
complicated, even though it is estimated
that 90% of all gambling online is from
the U.S. A handful of states have passed
legislation banning online gambling even
though at the Federal level, there has not
been a particular law passed specifically
banning online gambling.
The bottom line is that you
should check with your local jurisdiction.
You must be at least 18
years old to wager real money at Online
Casinos.
Online Casinos are licensed under various
jurisdictions like Kahnawake Gaming
Commission, Antigua, Costa Rica and
others. Obviously, some of these
jurisdictions are more stringent then
others when it comes to issuing new gaming
licenses and ongoing reporting
requirements.
Most of the casino software
is designed to provide fair and random
play, just like a brick and mortar casino.
Many also have their "random number
generators" reviewed by auditing firms to
assure players of the "fairness" of their
software. As for honesty, there is wide
gap in honest casinos, not because of
their software, but rather their
management. What good is the best software
in the world if management refuses to pay
you your winnings? I only recommend
casinos that I have personally played and
know the integrity of their management
team.
I designed GamblingWiz.com
so that my visitors could view casinos
that I recommend, as well as be able to
review casinos by payout percentages,
bonuses, software and groups. Generally
speaking, any casino that I have listed
will provide you with a fair and honest
gambling experience.
Casinos typically make depositing funds
into your account fairly easy to do and
offer many options for doing so. Some of
the more popular options are Neteller,
Citadel, FirePay, PaySpark and Click2Pay.
You can also deposit funds by check, money
order or wire transfer. Some casinos like
InterCasino have their own electronic cash
system built into their software
(Cryptologic).
Typically, you can withdraw funds in the
same manner you deposited the money,
however it does vary by casino. Some
casinos may charge a nominal processing
fee.
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