Casino games are a world of their own. The players come from all over the world and share a common passion for betting and gambling. However, not all parts of the world have physical gambling facilities available easily, either because of the law or for any other reason. For all such people and those who are tired of regular gambling games, online casinos serve as a lucrative and refreshing option.
Online casinos have been present in the gambling industry for quite some time now. They’ve gained significant popularity in numerous parts of the world. Australian online casino is one such overhyped market that has accepted the concept of online gambling and betting!
In simple terms, they can be defined as websites that allow people to gamble and play casino games on the web. There are a number of casino games that can be played online. These include Slots, Roulette, Blackjack, Baccarat, Sic Bo, Pai Gow, Keno, Craps, Bingo, and Poker, etc.
It is important for players to find out which online casinos are real and which are scams. In addition to this, there are a few things to watch out for when playing an online casino game. In order to help newbies get a hang of playing online casino games, some of the tips and tricks for playing online casino games have been listed below:
1. Background Check
First off, check the background and authenticity of the website you are trying to play online casino on. This includes reading reviews of past players and checking out if they have made any complaints about their payout rates, problems in receiving their money, just and fair play policies, etc. Moreover, make sure your casino is either licensed by a government authority or backed by a legal certification.
2. Checking the Payout Publications & Statistics
The second tip is to make sure that the website you intend to play games on publishes its payout stats regularly. Payout Statistics are different ratios and percentages of money either taken from or given back to the players as part of the game. Some of the most common statistics are discussed below:
I. The House Edge Percentage
The House edge is the percentage of money casinos pay to the betters instead of the actual amount they need to be paid. Usually, casinos pay out less than what the bet is valued at. This is one of the methods by which they make money to cover their operational costs.
The House Edge percentage set by Tasmanian Casinos is at 10%. This means every time a player enters a casino game, 10% of the amount they pay is given to the gambling provider.
House Edge is used in games like Baccarat, Roulette, and BlackJack to help betters place their money on bets which are likely to work out. This basically helps betters in indicating whether or not they can win a wager.
II. The Payout Percentage
The payout percentage is the average amount of money returned to players of a casino over a period of time. Usually, payout percentages are paid off for a period of one month to all the players who took part in a specific game.
According to an eCOGRA 2014 report, approximately 96% of all the money wagered on an online casino’s website was returned to the players who participated in the games. Since this is a cumulative percentage across all players’ wagers, it indicates the fact that some players must have won amounts above the average and some must-have won bet amounts below the average.
In any case, payout percentage helps potential players determine the fair play policies of the online casinos and is a measure of their competitive position among other gambling websites.
III. The Return to Player Percentages
Return to player percentages commonly referred to as RTPs are similar to payout percentages. The only difference lies in their method of calculation which is done via simulation software rather than monitoring actual betting activity. Additionally, these percentages are more often used for the game of Slots than any other casino game online.
Publishing of Payout Schedules establishes the online casino’s worth in the eyes of players and encourages them to take part in online betting and gambling games.
3. Choose your game wisely & Master It
Once you have checked the statistics of an online casino and made a choice to go with, your next decision revolves around selecting an online game to play. There different kinds of casino games that can be played online including baccarat, roulette, slots, etc. You must choose your game wisely according to your abilities and the game’s winning averages. Once you have done that, take steps to master the art of playing it in real-time.
4. Take Advantage of Free Casino Games
Make use of any free online casino games you come across. Tutorials, trials or demo games will help you in sharpening your saw and learning how to play the game. Consequently, preparing you for live betting games.
5. Take Advantage of Site-Wide Bonuses
Once you register yourself for the live betting games, you will start receiving various bonuses from the websites. Accept their offers and gifts and make use of them where ever you can to hedge yourself against any kind of risk of loss.
6. Don’t Chase Your Losses
One of the most common and helpful tip on playing online casino games is that do not chase your losses. It will create a loop of downward spirals which is difficult to get out of and you will end up losing all your money.
7. Play within Your Bankroll Limits
You must know when to stop further betting on a gambling site. The best way to do is by staying within your daily bank deposit limit and not exceeding it. Playing within your bankroll limits will save you from unnecessary losses and debts.
8. Play According to Your Abilities & Stop Playing while You’re Winning
Yet another commonly given out piece of advice to gamblers is that quit the game while you’re winning. Once you start loosing after a winning streak of 2-3 games, odds are that you will likely end up losing all of your money. So do not let your greed fool you into thinking that you can play beyond your abilities and quite while you have won and walk away with a handsome amount of money.
9. Get a Good Bank
Transferring amounts online and withdrawing your funds safely at any time you want must be hassle-free and done within short periods of time. Get yourself a bank that is a pro at providing services to online gamblers and meets the transaction requirements of this industry.
10. Watch out for Fake Reviews
Last, but not the least, watch out for websites with fake reviews. These reviews are written with one aim in mind. That is to rope in as many naive gamblers as they can so that they can rip them off of their money. Do not just rely on online reviews and do some personal research about the payout stats which have been mentioned earlier in this guide.