Did you know that there are recent estimates that the online casino industry employs well over 300,000 people in the Philippines? Indeed, the industry has taken over call centres as the top user of real estate in Manilla.
But what should you expect to find at an online casino and how should you use them safely? Here is our guide to how tech has created a booming casino industry and how you can join in.
What is an Online Casino?
This might seem like an obvious question, but it’s not so simple to answer. An online casino is a site that has virtual games – slots, card games, poker, roulette, scratchcards – but it can also have real casino games. The latter, which are termed live dealer games, are streamed from studios with real dealers and equipment. They are just like games you would find in a real casino.
How it Works
Normally, you will sign up to a casino and register an account. You can make a deposit, although some casinos might offer demo accounts or free spins just for registering. Once your account is funded, you can play games just as you would in a real casino.
Is It Fair?
Virtual games use RNG (random number generator) technology to provide a random outcome. Games developers will publish payout rates, termed Return to Player (RTP). This is basically like a house-edge for virtual casino games. Regulatory bodies will test these RNGs and RTPs to ensure that the casino is playing fair.
Is it expensive?
Every online casino will take small bets and large bets, the key is knowing your own limits. Thankfully, the majority of online casinos give you the tools to ensure you are playing responsibly. You can limit the amount you deposit, have time-out periods, play time limits and so on. These settings will usually come with a cooling off period if you want to change them.
What are the best games?
Everyone has different tastes. Some players like modern video slots, whereas others like the classic casino games. For example, if you have never experienced the thrill of craps before, try it here. The best part is that many games will multiple variants, including dozens of different types of roulette and blackjack, not to mention 100s of different slots.
How Much Can You Win?
Progressive jackpots can sometimes payout multi-million-dollar prize pots, and in modern times record-breaking payouts can be above $20 million. These games use technology to connect to each other across different casinos and countries, taking a tiny percentage from each bet to fund the jackpots. The result is then decided on a random basis. The technology is so smart now that even some live casino games can be connected with these jackpots.
Are there any tips?
You should always play with a cool head. That helps your gaming strategy and ensures that you don’t spend beyond your means, both of which will allow you to have a better experience. We would also say not to dive in to a game right away, but look around the casino site for promos tied to particular games.