The Online Casino universe is expanding by the minute and the industry is becoming more and more attractive as time goes by. This means that there are a lot of sharks and entrepreneurs out there looking to dip their toes into the online casino business and build their own platform for people from all over the world to try their luck at becoming the next jackpot-winning millionaire.
It’s a business with a lot of controversies and requires a lot of regulation and security, but it sure brings in a lot of revenue, and shifting online has made it one of the most desirable and profitable industries to work on. This opportunity has led to an abundant selection of online casinos that are offering their services on both local and global scales.
There are over 2,000 online casinos on the global market, catering for about 2 billion people who like to gamble on a casual basis, and none of these casinos is exactly the same as another. So how does one know whether or not the casino that they are registered on is the most ideal option they could possibly use? Let’s elaborate.
Licensing
First and foremost, the most important factor that could make or break a casino’s reputation is whether or not they are licensed by a reputable gambling authority. You can find many regulators which are world-renowned for promoting fairness and security from online casinos to players, such as;
- The Malta Gaming Authority (MGA),
- The UK Gambling Commission (UKGC),
- And the Curacao Gaming Licensing Commission,
- as well as many more.
Games Selection
If you want the best possible experience at the online casino you decide to pick, you need to know about the games they offer. Every player has their own specific taste, and it’s crucial to find a casino that offers all the games you’d want to play, and it’s up to the software providers they are partnered with.
Some providers such as NetEnt, specialize in Pokies, while others like Evolution specialize in Live Dealer Table games like Roulette, Blackjack and more. Most casinos let you take your pick out of any of the above, offering the whole shebang, but it’s still good to see what each software provider has to offer, to see which provider’s variants suit the player the most.
Deposit & Withdrawal Methods
It’s very important to know whether or not your chosen casino accepts your preferred method of payment. Some methods have higher fees than others which you’d want to avoid to get the best value for your money. Other payment methods can vary in processing times which means you need to keep in mind that some withdrawal methods can take up to five business days to process your winnings into your bank account.
Most of the casinos on the internet accept methods like Debit cards, Paypal, Sofort, Netteller, and in some cases even cryptocurrency is being implemented, which can really change the game in terms of processing time and deposit/withdrawal fees.