Tips for safe play on online casino platforms.
Online casino gaming has become one of the most popular forms of entertainment in recent days. You see, many people are joining the online casino bandwagon because of the convenience it offers. Well, according to a report by Statista, the global market is projected to reach USD 97.15 billion in 2024, with a user penetration of 6.2%. Actually, this market is expected to grow at a CAGR of 6.27% to reach a projected volume of USD 132.90 billion in 2029.
Now, looking at such statistics, it is quite okay to say that there are going to be more online casinos being introduced in the near future. Otherwise, how would these numbers grow to such heights if not? Now, as more casinos come into play, it calls for players to be more vigilant as the chances of being targeted online by malicious players becomes higher. For example, a report by Gitnux shows that there were over 261 million attacks on the gambling industry in 2020.
So, how do you ensure that you remain safe at all times when playing online? This article will give a number of tips.
Play at a reputable casino
The first thing you should do when playing at an online casino is to be sure that the casino you are playing at is legit. The casino must have a license from a reputable gaming authority. Examples of reputable regulatory authorities include:
- Malta Gaming Authority
- UK Gambling Commission
- Curacao eGaming
- Kahnawake Gaming Commission
- Gibraltar Regulatory Authority
Well, these are not the only regulators that are there, but if you get one of these licenses on your online casino of choice, then you are in the right place.
You might then ask, how do you confirm a casino’s licensing? This is not a hard matter and it actually should be straightforward. Reputable casinos will always display their licensing on their website. Most of the time, you’ll find the information in the footer of the website. You might also want to take a few minutes of your time to verify the casino’s license number from the official website of the regulator. You can be sure that if you are a sceptic, this will give you peace.
The thing about playing in reputable online casinos is that the regulation ensures high standards, fair play and proper management of players’ funds. On the other hand, unlicensed casinos do not guarantee any fair gameplay, and you might have issues with receiving your funds. So, before you make any deposit, make sure you are working with something legit.
Review payment options
One of the indicators that a casino is secure is the payment methods it offers. A good online casino will typically offer a wide variety of payment options including bank transfers, credit cards, digital wallets and cryptocurrencies.
Well, digital payment methods like PayPal have stood the test of time by offering extra layers of protection as transactions happen. This ensures that financial information is processed securely whilst in the platform, ultimately reducing the risk of fraud. In fact, according to Intel, PayPal decreased the number of missed fraudulent transactions by thirty times by improving their SLA adherence from 98.5% to 99.95%.
Additionally, the use of crypto has been gaining popularity due to the security and anonymity it offers. Actually, in 2024, the number of UK adults owning crypto is estimated to be around 10%. Interestingly, a report by Before You Bet claim that around 50% of all Bitcoin transactions globally are related to gambling activities. globally
In short, what we are trying to say is that you need to operate in online casinos that have secure modes of payment. This will ensure that your money is safe from any external threats, meaning that you have more peace when playing.
Assess the security measures
One of the non-negotiables when using an online casino is the security. As a player, you must ensure that the platform you are engaging with takes data protection very seriously. First of all, the casino must be using SSL security encryption. This will be indicated by the “https” at the beginning of the website’s URL and the presence of a padlock icon.
You see, SSL encryption is fundamental in ensuring that shared data between you and the casino remain unreachable by malicious actors. Details such as financial or personal information should always remain secure at all times.
One type of certification you should never overlook is a third-party certification. For example, a third-party certification by eCOGRA audits the fairness and safety of casino games. This is one security measure that you want to be sure that it is in place. Otherwise, you might find yourself thinking that you have bad luck while, in the real sense, the casino is playing unfairly.
Wrapping Up
With technology becoming better and better, online entertainment is becoming more popular. Online casino gaming has become a force to reckon with. However, you need to be really careful when playing in online spaces since you never know who is interested in your details. That is why you should always take proper precautions before signing up with any online casino. Make sure that the casino is safe and secure before you start calling, hitting or spinning.
Hope you’ve found our article, Tips for safe play on online casino platforms useful.
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