The online casino business is at its zenith at the moment ever since it first started decades ago. There are just uncountable live casinos today which gives both experienced and new players, a hard time to conclude with that one perfect mobile casino. What’s more amusing is, the demand of online casinos has soared double and triple the times ever since the introduction of the mobile live casinos. Nowadays, most of the online casinos offer the feature of mobile app for a better, faster, smoother, and hassle-free mobile gaming experience. Every gambling enthusiast probably knows the facts of casino games and gambling, but do you know the fun facts of online casinos? Find out down below!
Online casino bonuses may not be as glorious as you think it is
Well, everyone who has visited an online casino website in the past may have noticed the eye-catching pounds or dollar signs at the main website layout. Bonuses act as one of the main factors for the global spread of new online casinos as the rewards are rarely offered at land-based casinos, and it definitely looks tempting. However, it might not be as glorious as you think it is! Take an instance where an online casino is offering you a 500% matching deposit bonus of up to £5000. That definitely looks tempting, we can’t deny it. But in reality, the bonus amount will disappear with the blink of an eye. How? There will always be a minimum wagering requirement at online casinos before you cash out. So, suppose you deposit £1000, and with the 500% matching bonus, your total bankroll sums up to £6000. While on an attempt to achieve the wagering requirement, the house edge will slowly catch up with you and consume the bonus amount as well as your initial deposit.
Online slot machines credit to 70% of the profits in the industry
According to the latest survey, the demand for online slots has astonishingly shot up to 90% of the mobile casino games. While it is a fact that both online slots and land-based slots use random number generator programs to generate the end results, traditional systems can never beat technologies! The modern online slots are designed and built in a way, the developers programme the payoffs based on the probabilities and combination of the symbols against the players’ house edge. Despite the limitations, online slots manage to seize the attention of players because of the way they are processed and bring 70% of the profits in the industry.
Online gambling is growing at 11% per year
It is already a known fact that the popularity of the online casino business is at its zenith now. According to data experts, the gaming industry has expanded massively in the past few years and acquired a total of $41.78 billion in 2016 alone, and expect to reach $80 billion by 2020. And the reason for the massive 11% hike on online gambling is said to be because of the monumental advancements in mobile technology, which indefinitely affect the connectivity and accessibility of the mobile gaming platform. The mobile technology also not only allows the players to access the plethora of games seamlessly but also allow players from all around the world to connect with each other at the comfort of home.
Online gambling is not legal in some countries
Yes, you read that correct! While online casinos have become mainstream in most of the countries worldwide, there are still some countries that don’t allow its residents to play online casino games. Some nations still regard gambling as an illegal means, driving them to ban residents from playing or accessing online casino websites. For instance, the United States of America legalises online gambling only to 4 states namely New Jersey, Nevada, Delaware, and Pennsylvania. Therefore, if an American resident wants to sign up for an account, or play the online games, he/she needs to be at one of the four states.
RNG is the most prominent technology in the gambling industry
RNG stands for Random Number Generator, and it is the most essential device used in online gambling. The equipment is used in many game variants like casino games, online bingo games, and online poker games. Basically, RNG is a computer programme that generates random numbers to determine the outcome of a game. It is used in all the gambling machines like slots and video poker, in both traditional and online casinos.
SummaryName: 5 Amazing fun Facts about Online Casinos
Author : Robert Davey
Published Date: 19/08/2019