I created this site to educate new online gamblers with proper information and resources regarding all facets of the online gambling world to make sure they have the most transparent, up-to-date and accurate facts.
I’ll try to cover every gambling vertical, from how to bet online on sports, learning all about online slots, casino software suppliers, payment methods, and basically anything that has to do with the journey from picking an online casino or sportsbook all the way to cashing out your wins.
If this is your first visit, welcome!
Please read on for some basic terms information regarding the industry to get you started.
If you ever have any questions or want to drop me a line, please feel free to leave a comment, or write an email to firstname.lastname@example.org
If you want to learn more about me, please visit my info page here.
What is a gambling operator?
An operator is simply what we call an entity who provides their services towards the end client, the player.
These are the sites where we will place our online bets, play poker, or give a slot a whirl. They´re client facing and are usually the most well known brands.
These sites are where we will create accounts, deposit our funds, and take out our winnings.
There’s literally hundreds, if not thousands of online gambling operators to choose from, and I always encourage people to open at least a few accounts in different websites.
This is because not all gambling sites will have the same offerings, whether its each sites’ selection of slot games, sports betting markets and leagues, esports betting, etc.
Not only that, but different sites have different promotions running at the same time which you may want to take advantage of.
For online sports bettors, having access to different sites could also mean better odds on certain matches, whereas if they’re locked to just one site, they’ll have no access to different or potentially better odds.
Examples of operators are: Bet365, PokerStars, LeoVegas, William Hill, Bwin, etc.
It’s a B2C (Business to Consumer) model, and they have the most moving parts and responsibilities out of everyone in the gaming chain.
Which “moving parts”?
All of them.
Starting a legitimate online gaming business isn’t exactly easy or inexpensive.
There’s staff to hire, infrastructure to pay for, license application fees, rent, website design, support staff, a bankroll to start off with to pay people out, among many other expenses.
Then there’s creating brand awareness beforehand through different marketing channels
If you didn’t actively look for them, how many online gambling companies do you think the average person could name?
After that, there’s the actual website, the look and feel of it, what types of players they want to attract, etc.
Now, depending on what type of site we’re on, they’ll have services supplied by 3rd party Suppliers.
These suppliers have costs of their own to set-up and provide services, such as sports trading and risk management, others may supply slot games, bingo games, etc.
They’ll also have needs for payment providers. These companies will process payments from players who want to deposit on their chosen site, and will also pay out players when they decide to take their money out.
However much work it all is In the end, the operators also take home the most money.
Where to Start?
If you’re a beginner and have never joined an online gaming site, it’s a very good sign you’ve decided to read up on things before you start.
This has already given you an advantage since you’re the type of person who likes to know what they’re getting into.
With the thousands of online casinos, online sportsbooks, and even online bingo sites out there, it can be overwhelming to pick just one.
You may have been drawn to the theme or general design of the site, or a bonus offer you received and decided to check out.
While these reasons are totally valid, how can you tell the difference between legitimate casinos that will pay you out, and those casinos that will either disappear in a couple of days with your funds or simply delay and put up excuse after excuse to not pay you out?
Hopefully I’ll be able to help you on that journey.
First of all, if you want to play online, please be sure you’re being compliant with your local laws.
I don’t recommend getting in legal trouble over gambling.
If I’m away from home and can’t access my favorite online gambling site, I can always use a VPN to access the site as if I was back home.
There are several countries that already have an online gambling regulatory framework in place, some of these are:
|Colombia||France||Portugal||Estonia||Belgium||Isle of Man|
There are several more, and a couple of jurisdictions to note are Curacao and Malta.
These two countries issue gaming licenses that are used internationally to cover a wide spectrum of territories, in a kind of legal grey area.
A curacao licensee is regarded with reserved caution, since there have been cases of fraudulent operators who disappeared, or kept player funds.
On the flip side, several Curacao licensees have operated for several years without a hitch or reports of fraud.
The real issue is the fact that the Curacao gaming authority does not get involved in player disputes or offer guarantees of any kind, so if there is an issue it will be up to the player and the operator to reach an agreement, with no consequences to the operator should the player be proven right.
You’ll notice the leading continent in regulated countries is definitely Europe, which has been at the forefront of the online gaming industry since its inception.
The United States has now recently struck down a law which prevented sports betting at a federal level, and several states have now introduced online betting on sports to customers.
New Jersey especially is way ahead of the curve, with their residents able to play at land-based and online casinos which possess their corresponding licenses.
Each of these countries have implemented a system of checks and balances in their respective gaming industries, with a specific set of standards and regulations that suppliers and operators must comply with to keep their operations running and not risk losing their license.
The amount of income that governments receive through online gambling taxes is no laughing matter either, with portions of these taxes usually going to preventative, educative, and rehabilitation programs, not to mention the employment opportunities that are created directly and indirectly due to the industry as well.
If you live in any of those countries, you’re in luck, as several will offer consumers good protections and guarantees regarding operator fraud.
Any of the websites in each country’s gaming commission page will at the very least have some degree of legitimacy, so try and stick with sites in your country if you can.
If you can’t or don’t like the local offering of websites in your specific country, read on, and be ever vigilant about where you place your money.
How does it all happen?
It normally goes something like this:
You’ve got the itch. Whatever it is, you want to play.
What’s your fix?
When you want to play for real money, you’ll have to register at your favorite site.
This involves you giving out some personal information in order to create your account.
You will have to fill out name, address, contact details, etc.
While you may not be asked for KYC (Know Your Customer) documents yet, keep in mind that you will most likely be asked for a proof of address and any form of government ID.
This is a strict requirement set on by the regulators as well as Anti-Money-Laundering protections.
You will most likely not get around this requirement, so if this is an issue for you, I suggest you try any of the cryptocurrency “anonymous” casinos going around.
Here you’ll find tutorials to register on a popular online sports betting site and another popular online casino.
Recently, a popular bank transfer payment provider introduced “pay’n play” technology, where users from certain countries like Sweden and Germany can simply introduce their personal bank identification number on a gaming site and immediately go on to deposit and withdraw, all within minutes.
This has been seen as a revolution since players don’t need to go through this tedious process where a lot of players just leave instead of registering and making a deposit.
- After you’ve registered, you will have to deposit funds if you want to play for real money.
Read all about different payment methods here.
- Bonus offers – should you or shouldn’t you take them?
- It’s time to play!
- You won! Time to take that money to the bank!