Security and Online Gambling

Security and Online Gambling

05 May 2009 | 10:59 Author: Alejandro López

One of the biggest worries for gamblers who think of going on-line is the security of online casinos. They wonder if sensitive information such as their address, credit card or bank account information will be in safe hands.

Is it safe to gamble on the internet?

Could their identity be stolen and abused to run down their credits, etc? The answer is very simple. If an online casino is safe, it will tell you about so. Look for sites that feature so-called secure encryption technology, for example, 128 bit SSL digital encryption. This means that all financial transactions are done using a state-of-the-art technology that does not allow hackers to tap any sensitive information from your online casino session.

No cryptic transactions with encryption

This method is also used by major banking institutions and credit card companies over the entire world. If you feel safe using ATM or making online purchases, then you should have no problem with online casinos. Most online casino sites have an account history function, where you and you only can see all the financial transactions that you have had with the site. If you should have a question or even some kind of dispute, all the information you need is right there for you to scrutinize. Some sites use a digital encryption that is stronger than 128 bit. The more the better, but 128 bit is more than enough, and that's what most sites use.

Who hides behind the glittering logotype

A safe transfer of information to the online casino is not enough. Once your sensitive information has arrived at the casino, how do you know it will not be sold or abused in some way? You should look for a few things to ensure that a casino is reliable. It takes just a couple of minutes, but ensures that the site is dependable and not some shady business. Here are three requirements that all safe online casinos will fulfill:

Licensing

The casino must be licensed by a particular jurisdiction. This means that a local jurisdiction (such as Antigua and Barbuda) has given an official license to the casino and has the ability to monitor them legally. If a casino does not have such a license, do not play there.

Reputable software

Check if the online casino runs on software from a big provider. A casino that does not have a license from a gaming jurisdiction will not be allowed to use software from the biggest software providers. The largest software providers are: PlayTech, Water Logic, Cryptologic, MicroGaming, Odds-On, RTG, Boss Media, and iGlobal Media.

Certified payouts

Casino sites often publish a report on how much of their income they give back to players in the form of winnings. Most casinos display reports for a few months back. To make sure that the reports are honest, check that they have been produced by an independent accounting firm, such as PriceWaterhouseCoopers.

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