When it comes to online gambling, there are literally hundreds of options available on the internet, whether you are looking for poker, bingo, slots, the best live casino or somewhere that offers several gaming options all under one roof, the choice is endless.
So how do you know you are choosing one that can be trusted to pay out when you win and how safe is your money with the company. There are several factors you should take into consideration when choosing to deposit online, your hard earned cash.
Are They Regulated?
Most online gaming rooms and casinos have a regularity body who they are licenced to, these make sure that everything is above board, all the games are fair and strict rules of best practices are adhered to, this is to prevent fraud, money laundering and to guarantee your money is safe. One such body is The Isle of Man Gaming Supervision Commission, who issues licences under the Gambling Commission Act of 2001 (For UK Customers.) Such well-known rooms as PaddyPower are under this licence, another is the LGA (Lotteries and Gaming Authority) who are operational in Malta and issues licences to rooms under their body.
Have They Had Bad Reports
There are several sites online where you can check whether a gambling room is paying out or not, one such place is Casinomeister where players can report if they do not get paid money owed and can be a point of reference when checking out a new room. Of course circumstances can change and a casino or gaming room who have always been reliable can suddenly fall into financial trouble causing these issues. So it is sometimes best not to be lured in by promises of huge first deposit bonuses, ongoing promotions and free spins and stick with a well-known brand that you can trust.
Whatever your decision is, we recommend initially investing only a marginal amount of money (Taking advantage of the first deposit bonus.) After playing a while, and if you have cash in your account, make a withdrawal (If you have had a deposit bonus you must have met the requirements for cash out, ie: play-through amount etc.), just so that you know they are paying out. Some rooms do require you to verify your details and may require proof of address, this is simply part of the process of protecting their players so don’t feel they are trying to hold onto your money, just simply an added measure of security. After all if you are going to trust them with your money, you need to trust that they are going to protect it for you.