Again and again we get asked the question: how does an online casino work? How do I have to imagine online casinos and how does it work? Here we explain the process, the most important stations and the technology step by step.
Security – No online casino game without a license
At the beginning of every online casino there is a regulatory authority that has to give the okay for the live casino online Singapore presence. The respective licensing state has strict requirements as to what the gambling offer should look like. Every casino operator must adhere to these laws and regulations, otherwise gambling is illegal in its format. A legal online casino has a gambling license, which is only issued after a careful review of the casino offer. A distinction is made between the license from Schleswig Holstein, the Malta, Curacao and the Gibraltar license. Some online casinos also have a license from the gaming authority in Great Britain.
Why is a license necessary?
The player is protected by a license. The casino is bound by fixed conditions that it must meet in order not to get the license withdrawn again. For example, the licensee may only advertise their online casino honestly. In addition, the advertising measure must be very precise and contain specified information for customers and interested parties. Misleading advertising is not permitted!
With the license, the casino operator enters into an obligation towards the players. Pre-determined deadlines for the payment of winnings must be observed and the winnings must be paid out in full during this period.
Liquidity must be secured
Under no circumstances should profits be withheld due to a lack of liquidity. This means that the licensee must be aware of his solvency at all times and secure it.
Identity of the players
The casino operator is obliged to obtain important data from its members in order to prevent money laundering. This includes the full name, correct address and date of birth. The licensee must verify the identity of his players. This is done by means of a copy of your identity card, passport, ID card or driver’s license. Every player is obliged to submit these documents, otherwise no winnings will be paid out.
The casino operator pays a certain percentage of the annual net income to the licensing state. The licensees have to adhere to all applicable laws, tax rates and stipulated ordinances and regulations.
How does an online casino work? – The software
Of course, the casino needs a lot of software so that you can play online at the slot machine. Game producers provide the online casino software and develop the associated random number generator (RNG) – the random number generator that uses algorithms to determine best live casino Singapore profit or loss. In online casinos you will find slot machine games and table games from a wide variety of software manufacturers. Well-known game manufacturers are NetEnt, Microgaming, Novomatik and, last but not least, Gauselmann, who produces the popular Merkur games that have long been known from game libraries.
This is how you pay safely in the casino
The deposit and withdrawal in the online casino are just as safe as when you pay with the card in the supermarket. State-of-the-art encryption techniques prevent anyone from accessing your sensitive data without authorization. As a payment method you can usually choose between several variants. For example, credit card institutes such as VISA and MasterCard offer their interfaces for payment transactions. There is also the eWallet, sometimes it is also called Cyberwallet, of which the best-known providers are Neteller, Skrill / Moneybookers and PayPal. Banks also make their data processing or transmission systems available in online casinos.
Cyber security – online casinos are serious and safe
In order to be able to make the online casino fair, safe and serious for all gamblers, the casino operators are calling on cyber security. These are independent security companies who check the casino offer at regular intervals. Are all requirements implemented in accordance with the rules? Are the RNGs working properly? Are all games running smoothly and is the data connection secure? Part of the most important questions in a long control catalog. Only when all points have been checked and are positive will the casino be given the okay to stay on the market.