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Yes, just like every industry, not everyone is playing by the rules. Many online casino operators give a bad name to the industry and are dishonest with players.
These rotten apples not only ruin the experience for a set of players and affiliates but hurt the industry tremendously as a whole. In preparing players for the warning signs or tactics of online casino scams, they can be better equipped to choose a top tier online casino option and avoid the riff raff operations.
This is one of the most common issues with many online casino operators. After all, what good are winnings if can be paid out in a timely matter?
Of course, some delays will happen. Whether it is a processing problem or a technical error we understand that mistakes are made sometimes.
The reason why they cannot pay may be because they are actually broke or were set up as a scam outfit from the beginning. The former is usually the likely scenario, but not always.
It should not take online casinos longer than a few business days to process payouts to players in Europe and most other areas. US players will face some delays but should normally just wait several weeks, not several months.
Players facing delays will often be asked to jump through hoops — even after they verified their documents. The online casino operator is either broke or setting out to scam customers.
There are several companies dedicated to providing casino software to entrepreneurs who want to start an online casino.
This is both good and bad. The bad part is that some of these companies will provide their software to anyone with enough money to purchase it.
That means there is a lot of potential for online casino scams. Most online casino players have their favorites.
All reputable online casinos are required to be licensed within the jurisdiction that they conduct business and operate their computer servers.
Because of the strict or lack of online gambling laws in most major countries, the majority of online casinos are operated from small island countries.
There are also online casinos that operate in Kahnawake, a small Indian reservation in Canada. Recently, the UK had online casinos legal.
The United Kingdom has very strict requirements for becoming licensed. Therefore, you can feel confident in any online casino licensed in the UK.
Besides making sure the casino is regulated by a local jurisdiction, look for online casinos that are endorsed by 3rd party watchdog sites such as eCOGRA eCommerce Online Gaming regulation and Assurance.
These watchdog sites act as a mediator between the casino and the player should any dispute arise. Every online casino should have a link to their terms and conditions.
Jurisdiction and age requirements This should be standard practice, but still needs to be mentioned. Because of uncertain laws in countries such as United States, not all casinos accept all players.
Also, some casinos allow 18 year old players, while other casinos require players to be 21 or older. Withdrawal Limits Some online casinos limit the amount you can withdraw on any given day or week.
However these limits are still the source of a lot of frustration and complaints about online casino scams. If you are a high limit casino player, you may view these restrictions as too much of a pain to deal with.
On the other hand, you may not mind it taking a little longer to withdraw your winnings. Bonus Wagering Requirements and Game Restrictions Casino bonuses used to be a lucrative way for players to gain back a lot of the house edge.
Other the years, many bonus hunters abused the system to make some quick money. Now, online casinos have implemented a lot of restrictions and requirements for online casino bonuses.
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