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Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Online Casinos Triumphs Over Offline Ones, It’s About Time!

NewsBTC
NewsBTC
5 years ago
3 mins read
casinos, gambling

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Ever wondered why people continue to gamble while knowing that the chances of them losing is more than that of winning a jackpot? Probably because it could be in every human’s genes and they can’t just help it, some more than others. It is supported and documented by archeological findings which date the earliest six-sided dice to about 3000 BC in Mesopotamia. Since then, various gambling activities have flourished for centuries before today’s casinos and technology-intensive gaming devices made their appearance, paving way for the multibillion-dollar global gambling industry.

The gambling sector is undergoing constant innovation, and the latest one is the adoption of cryptocurrencies and blockchain technology in today’s online casinos and gambling platforms, like Online Casino Giants, King Casino. If we turn back the clock to a couple of decades, we will find that the best gambling destinations in the world have been Las Vegas, Macau, Atlantic City, Reno, Monte Carlo and so on where gambling establishments emerged as the primary drivers of the regions’ economy as people from across the world thronged these to try their luck. These places continue to attract attention even today, but mostly as tourist destinations and not so many gamblers as before, and that’s for a very good reason.

Online Casinos have gradually replaced the traditional brick and mortar casinos as the preferred gambling destination as people have started using the online ones due to their obvious advantages. On top of the list of advantages offered by online casinos over their traditional counterparts is the convenience factor. It doesn’t take much for one to connect to the internet and start playing the game of their choice without having to worry about planning their travel itinerary to the nearest gambling hub just so that they can wager some of the hard-earned money. With online casinos, they can rather wager the money they would have otherwise spent on travel and get lucky. The process now stands further streamlined as cryptocurrencies have offered a way around geographical restrictions on gambling-related fiat payments imposed by few jurisdictions.

Almost all the online casino platforms these days offer a variety of payment options including card payments, digital wallet transactions, wire transfer, cryptocurrencies and even payment vouchers. All transactions happen over secure channels to further safeguard the users’ personal and payment information. A lot of these new generation casinos fueled by cryptocurrencies also allow users to start playing without having to go through the long registration process, which makes it not only easy but also safe to play on them as there is virtually zero risks of personal information being compromised.

Also, the number of choices one has when it comes to online casinos is endless. Users can pick any game at any time and if they don’t like the game or the platform itself, there is always another one to be readily accessed. The flexibility offered by online gambling platforms when it comes to payments and choice of games or even the platforms themselves have created a highly competitive industry sector where each online casino is attempting to do better than the rest of the others by offering better games, user experience and bonuses and promotions.

The bonuses and promotions offered by online casinos range from small gifts, deposit bonus and free spins on free slot sites, slot machines and more. These come in handy and provides an opportunity for the users to make the best of it, and if lucky score a jackpot as well. Also, the referral programs are an added perk as players stand to earn a share of the platform’s revenues from deposits made their successful referrals. All these benefits are unthinkable when it comes to brick and mortar casinos.

However, just because there are plenty of online casino platforms with lots of promotions doesn’t mean they are all legitimate. The increasing adoption of online gambling platforms has also let to a rise in the number of fraudulent platforms offering great benefits and low house edge, being operated solely to make profits from user bets without actually paying out anything. These illegitimate platforms could also use the information provided by its userbase for other nefarious purposes as well. So, it is always advisable to conduct certain checks before signing up on any of the online gambling platforms.

Some of the things to consider while choosing an online gambling platform includes a basic check of its license and regulatory jurisdiction, types of games available and whether the games are created by reputable developers, the reputation of the casino based on user reviews and other sources of information available on the internet. It is always better to opt for a provably fair casino platform as they offer a way for players to verify the outcome of the result.

Any platform that fails to convince you of its authenticity, stay away from them, irrespective of how attractive their offering may seem!

Image by romanov from Pixabay 
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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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