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Online Casino Gambling - FAQ (Frequently and Questions)

Online Casino Gambling - You've probably have heard of it, but you still have many questions before you give your credit card details and start playing online! Here at Online Casino Wager we are attempting to create the concise Online Gambling Frequently Asked Questions - everything from your security to making your first deposit and withdrawal at a casino, we cover it all. Use the links below to navigate our Frequently Asked Questions section.

What Is An Online Casino?
An online casino is an Internet site where you can play a variety of casino type games, such as blackjack, slots, video poker baccarat and much more, for real money. While some will let you play for free, the real reason to play is the same as Las Vegas - To win money.

In general there are four kinds of online casinos. The first kind are those that require you to download the casinos software for free. These casinos are usually the most fun to play and you will have the program on your hard drive. This means that you have to wait for the application to download from the Internet (most casinos are optimized for small file download size making it fast to get up and playing) and then install it on your computer. Once installed, these programs typically offer great graphics, sound and animation.

The second type of casino is a Flash powered casino. These casinos offer decent graphics and sounds and are played within' your browser. To get started with a Flash casino all you need to do is create an account before you can start playing all your favorite casino games online!

The third type of casinos are Java Powered Casinos instead of a downloaded program. These Java applets run through your web browser. Some of these casinos offer sound and animation, and all of them offer some pretty good graphics.

The fourth kind of Internet casino uses all HTML and do not require any download time. Although these Casinos do not offer the sound and animation of the other Online Casinos, they do have great graphics and fast game play.

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Where are Online Casinos Located?
All online casinos are located outside of the United States. They are generally licensed in the country they are in and have to report to the local government to some extent. Antigua, Costa Rica, Curacao, St. Kitts, Grenada, Dominican Republican, Gibraltar are just a few countries that license them. Having said this, though, most of the companies that run casinos offshore are actually operated from the US - it is just their servers that are located offshore.

The reason these small countries allow Online Gambling operators to set up is because it can help boost their economy. Companies pay upwards of $100,000 in some cases to gain a gaming license in these countries, as well as paying ongoing taxes to the local Government.

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How Do I Start Playing?
I suggest looking around at a number of casinos before making any decisions. Especially look at the minimum deposits, bonus play through requirements, minimum bets etc. There's a big variety of online casinos out there. Many will let you visit for free and even place some bets with a no deposit bonus which can at times be as much as $30 free cash without making a deposit. The best way to find a casino that suits your needs is to take a look at the list here at Online Casino Wager.

Once you pick a casino that you like, you will be asked to sign up. Usually this will mean filling out an online form depending on which software option you choose. You will end up with an account number and a password.

The next step is an important one - depositing money into your casino account. The next section details this process.

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How Do I Make Cash Deposits and Withdrawals?
In all cases you will have to deposit money up front before you can wager online. This will mean sending online casinos money via Visa, Master Card, NETeller, FirePay, PrePaid ATM, Citadel, Gaming Card, Western Union, etc.. Most of them will take money almost any way you want to send it. Due to some tension from the United States government some banks are gambling transactions that come through on Visa and Master Card. The simplest solution and way around this is to open up an e-wallet account with NETeller, FirePay, PrePaid ATM or Citadel eliminating the annoyance of possible credit card rejections.

All casinos operate on the account system - you send them money and your account is credited for that amount. As you gamble, money is credited or debited as you win or lose. When you wish to withdraw money from your casino account (you don't have to, you can leave it in for future gambling) you can do so in nearly all of the ways that deposits could be made.

Most operations allow you to have money withdrawn directly placed back onto the credit card that you first deposited money into your account with. This option is recommended as you can access your winnings within days. Casinos charge reasonable fees for other withdrawal options.

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How Safe Are Online Casinos?
How safe is anything. So far there have been almost no problems with casino payouts and deposit security, but that is not to say there will never be. Many of the jurisdictions require that the licensee posts bonds of cash or insurance as part of the license requirements.

For example, the casino groups licensed in Curacao have to post an amount of money equal to the average win in a special account in order to guarantee that they can pay winners. To even get a license, those who apply have to go through some extensive background checks conducted by the.

Your personal security (including credit card details and other personal information) is also guaranteed under license agreements in many, if not all, jurisdictions. Almost all online casinos use secure servers to conduct all of their transactions, and all information about you is held offline (all transactions are secured and encrypted with the latest in secure sockets layer (SSL) digital encryption technology). Many also take out insurance against fraud.

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How Fair Are Online Casinos?
Online Casinos are more fair than many people realize. The "house" is happy making the normal profits of gambling. In many of the countries, the computer programs must be submitted to the government for thorough checking of fairness toward the player, and the firm also has to be guaranteed by one of the big eight international accounting firms.

In all cases with casino gambling the odds for single deck blackjack, for instance, are exactly the same with an Internet casino as with the real thing. The same is true for baccarat, roulette etc.

As for the gaming machine type games (slots, video poker etc) the player payout percentages are determined by the casino, and many will post what the percentage of payout is online.

You can expect to see payout percentages at online casinos which exceed those of odds you'd get if you were playing at a land based casino in Las Vegas or Atlantic City. In general these are in excess of 96% being paid out.

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