Online casinos, also called virtual casinos or Internet casinos, are internet versions of existing traditional brick and mortar casinos. Online casinos allow gamblers to play casino games via the Internet without going to Las Vegas, Atlantic City or Monte Carlo. With millions of users from around the globe, online casinos have become very popular. They offer a lot of benefits and advantages for both the casino players and the clients.
The advantages of online casino gaming are wide and numerous. The first and foremost benefit is the gambler’s freedom. He can choose his own time and place where he wants to gamble, away from the casino and other distractions. He does not need to deal with aggressive representatives of the casino who might try to push him into a house edge. He can sit in his bedroom or office and play a casino game anytime, at his own pace.
For the second advantage, gambling in Las Vegas or Atlantic City can be expensive and stressful. In order to make a full and happy casino experience, gamblers need to travel several times just to reach the casino. The third advantage is the absence of physical contact with the casino and its gaming rooms. This allows gamblers a greater sense of privacy and hence a better experience.
House edge is another advantage that online casinos provide. A house edge is the difference between the amount of money which a casino owes to its depositors and the amount which it is supposed to pay out to players for their wins and bets. Most casinos follow a standard deviation formula which is used to compute house edges. Standard deviation is considered a best measure of casino risk by many experts.
One of the biggest disadvantages of gambling online is that the casino can easily deceive and/or scam the gambler. There are some ways through which an online casino can increase a gambler’s casino winnings and minimize his losses. These include changing the number of people who place live wagers on the game in casino, encouraging customers to make “quick” deposits to their accounts by making claims that they will win big after a certain amount of time, and offering bonuses to gamblers who make repeated deposits into their accounts. Most of these casino scams are exposed by a new strategy called “room-run”.
The disadvantages of gambling on the Internet include high expenses due to airfare, taxes, gratuities and other charges imposed by casinos. The disadvantage also includes a big chance for fraud. It can be possible that an online casino has a lower house edge than many real brick and mortar casinos because many gamblers make their bets in many different casinos around the US. Most big bettors usually get good information about the house edge in a casino magazine.