Before you start gambling at any new online casino, it would be very much worth your while to check out a few simple details about the casino site. Hey, you’re trusting them with your money, so they should disclose certain key information to you! Knowing this information in advance could save you some headaches.
* Is the casino licensed?
To qualify for a license, an online casino must meet certain standards set in the country where the site is hosted. License fees start from about $50,000 and are usually valid for at least 2 or 3 years. According to estimates, some 20% of online casinos don’t have licenses. Here’s the golden rule: If they’re not licensed, don’t play there!
* Does a reputable accounting firm certify the payouts?
A casino that values its good name will commission an accounting firm to audit and report on the percentages of payouts. PriceWaterhouseCoopers, for instance, reviews the historical payouts to gamblers by Microgaming and its licensed casino sites. You can usually read the reports on the casino websites.
* Does the casino belong to a reputable watchdog organization?
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