Monday, September 20, 2021

Gambling 101: The Basics Of Online Gambling

This gambling 101 article aims to help online gamblers navigate their way through the turbulent world of online entertainment and make the shift from land-based to online casinos easier for YOU! Keep on top of your game by taking a crash course on the basics of gambling online.

Types Of Gambling Online

Gambling 101 - Type of Gambling

The gambling pool is enormous, and as the industry expands, the more and more online gambling options there are. The gambling options have been divided into different types based on the activities offered. These are the different types of gambling you can choose:

  • Casinos
  • Poker Rooms
  • Horse and Dog Betting
  • Sportsbooks
  • Fantasy Sports

Within these gambling types, there are many different games to play. To make sure you do not miss out on any winning opportunities, here is a gambling 101 list of online gambling games to choose from.

Casinos

  • Baccarat
  • Bingo
  • Blackjack
  • Casino Hold’em
  • Craps
  • Keno
  • Pai Gow
  • Pontoon
  • Red Dog
  • Roulette
  • Scratch Tickets
  • Sic Bo
  • Slots
  • Tri-Card Poker
  • Video Poker

Poker Sites

  • 5-Card Draw
  • 5-Card Stud
  • 7-Card Stud
  • 7-Card Stud Hi-Lo
  • Badugi
  • Crazy Pineapple
  • HORSE
  • Omaha
  • Omaha Hi-Lo
  • Razz
  • Texas Hold’em

Sportsbooks

  • American Professional Football
  • Australian Rules Football
  • Baseball
  • Boxing
  • Cricket
  • Golf
  • Greyhounds
  • Basketball
  • College Basketball
  • College Football
  • Horse Racing
  • Ice Hockey
  • MMA
  • Motor Sports
  • Rugby
  • Soccer
  • Winter Sports

Fantasy Sports

  • MLB
  • NASCAR
  • NBA
  • NCAA Basketball
  • NCAA Football
  • NFL
  • NHL
  • PGA
  • Soccer

Virtual Sports

  • Virtual Cricket
  • Virtual Darts
  • Virtual Cycling.
  • Bullet Greyhounds
  • Virtual Speedway
  • Virtual Horse Racing
  • Virtual Football
  • Virtual Motor Racing
  • Bullet Horse Racing
  • Virtual Tennis

Gamblers Odds When Playing At An Online Casino

Casinos, like any other establishment, whether that be online or brick and mortar, can only operate. At the same time, there is a profit being made, and to make sure both the players and the platforms stand a chance to benefit, there is a built-in average strike rate for the house to win.

Just like every good gambler has a plan in place to profit, so do casinos, and although systems are in place, the average strike rate allows for success in short-term play. To be a long-lasting operation, online casinos need to balance the players winning and the house making a profit. 

The terms often referred to in online gambling when speaking about the rate of winning, whether it be the player or the platform, are the house edge or return to player rate (RTP). Although both terms are similar, in essence, they are two sides of the same coin, working together to make sure all efforts see the results they are after. The average house edge rate is less than 10%, meaning that you have a decent chance of less than 50% of winning a single bet. 

A fallacy that often circulates the online gambling industry is that casinos are out to take your money, this isn’t true, and although they do need to make a profit in their overall activities, it’s by no means the objective to beat every player. With the odds that most casinos hold, gamblers will achieve profitable returns in short-term play. 

With hundreds and thousands of players partaking in online gambling, the odds put in place allow for all the miscellaneous wins to add up to a significant profit, while online players still only face an average overall loss rate similar to that of the house edge rate held by the platform. The house edge works on the law of probability.

Accepting The Odds: The Hose Rules

Once understanding the works of a casino, the next step would be accepting your odds and making your move to find your perfect platform. Whether you are a first-time player or a seasonal gambler, all will be given the same odds by the house. 

Besides your odds related to your returns, there are other aspects to the casino that need to be looked at and taken into consideration. Just as important as the edge, the house also holds rules, and to play at any online casino, one would need to accept and agree to the terms of service.

The terms of service of a casino relate to things such as wagering requirements, the payout options, and the basics of how the platform runs. Most online casinos nowadays are designed to provide a provably fair experience through the means of a random number generator (RNG); this is an algorithm that produces the results through a machine. Many things play a part in the results, and it’s almost impossible to trick the system based on the complexity of the workings. 

To help you settle down and pick a platform, we have a quick trick on seeing if the house edge provided can produce the results you want. Let’s take a look at an example. With a casino with a house edge of 3%, this means that the player should only plan to lose 3% of the funds they wager in the long-term experience.

Gambling 101: Putting A Plan In Place

Gambling is the name of the game, and without a plan in place, that game is ready to play you! With online gambling, most games are centered around rewards, but in order to make it not completely free for all, there are rules and systems in place to ensure there is thrill and excitement in the experience. 

Putting a plan in place is not as difficult as it may seem. There are terms such as an optimal strategy, a set of plays that lead players on a clear path to success. Although nothing is guaranteed, keeping you level-headed in the pressure is always good to have a plan of action in place.

To help you on your way to the top, we have a few pointers that should help you keep your head in the game. 

  • Have a budget in place 
  • Do not chase your losses
  • Find The Best Banking Method
  • Learn the rules of the game you play

Finding The Best Online Casino

Gambling 101 Finding The Best Online Casino

The most crucial part of any online gambler’s experience is the casino that they play at. Picking the right platform is half the battle won, and with a selection as wide and varied as the online entertainment sector, there sure is a fit for everyone.

When you choose your online casino, it is vital to pay attention to the factors that play a part in your experience and outcome. One of the most significant areas of concern for casinos is safety and making sure you choose a casino you can trust is the only way to go. By picking a platform with all the necessary licensing and regulations will give you that reassurance you need.

Another important thing to note is the banking methods supplied to the player. With easy-to-use and low-fee banking options, gamblers will save time waiting for results and have the confidence that they will be able to reap the rewards they deserve. 

Lastly, gamblers will need to take note of the games offered. With multiple casinos focusing on particular games, you must make sure the platform holds the opportunities you are after before entirely investing and signing up. 

Best Online Casinos For Beginners

Gambling 101 Casino Bonuses

Gambling 101 Casino Bonuses

The main point of this gambling 101 is to provide you with the basics and keep your game as entertaining as we find the experience. When the online casinos first came about, one of the most significant differences between land-based and them, besides the location of play, was that online casinos had created the idea of casino bonuses.

Casino bonuses were created to lure players to sign up, and initially, it was almost impossible to find any bonuses that were not linked to the sign-up process. With time and a spike in demand, online casinos expanded their offering, creating casino bonuses for most stages of the game.

The spectrum of bonuses and the workings of bonuses have also evolved over the years. There are now both wagering and non-wagering bonuses, as well as depositing and no deposit bonuses. The selection is endless, and with where online gambling is, we are almost certain there is a bonus out there for you. What would a gambling 101 be without providing you with a list of the bonuses you can look forward to! 

Types Of Online Casino Bonuses You Can Play:

  • Sign-Up Bonus: Awards newcomers with free credit for signing up
  • Welcome Bonus: Similar to the sign-up bonus, the welcome bonus awards players with free balance when first playing. This bonus is often only provided after a deposit.
  • Deposit Bonus: This bonus awards gamblers with a free balance when they meet the deposit requirements allocated. 
  • No Deposit Bonus: This is by far one of the most sought-after offers at any online casino. This bonus gives players extra free credit, no matter if there has been a recent deposit or not. 
  • Free Bonus: free bonuses referrer to offer such as free spins or rounds in casino games.
  • Refer-A-Friend: This is referred to as the affiliate program at most casinos. It’s an incentive-based bonus, and for every friend that signs up from a player’s invite, they will receive a free balance. 
  • Loyalty Bonus: These bonuses are given to players who are regulars at depositing and playing at the casino.
  • Reload Bonus: This gives players a percentage of their deposit in bonus form. A reload bonus is a deposit bonus after the first deposit. 
  • Payment Method: To encourage players to gravitate towards certain payment methods, then award players when they use them. 

Devices You Can Play Online Gambling On

Gambling 101: Devices

The devices you can play on have expanded over the years. As the pool grows, the industry’s possibilities and demand increase, bringing more traffic and attention to the market. Depending on the casino’s abilities, these are the devices that most online casinos cater to. 

  • PC
  • Mac
  • Tablet
  • Android
  • Blackberry
  • iPhone

Customer Support Casinos Provide

Customer support is vital in any industry, but with the safety concerns some people have with online gambling, it’s essential to provide an informed and responsive support team to address any concerns and queries a player may have.

There is a range of different support options, and the two main categories are live response support and messaging support. The team should be on standby 24/7, but if not, make sure that the operating hours encompass what you need to achieve. 

The customer support contact methods may include:

  • Live Chat
  • Email
  • Toll-Free Phone Number
  • Postal Mail
  • Fax

The support options give players access to knowledgeable information in a responsive and helpful manner, allowing the gamblers to push their boundaries and rake in bigger returns than expected. Support gives players a contact to the casino, which is essential in this line of entertainment.

Banking Methods

Gambling 101 - Banking

Banking at online casinos has become safer and more reliable than ever. With the player’s security put first, online gambling has recently increased its appeal, supplying players with dependable results. 

For both depositing and withdrawal, there are copious options, each with its own unique offers. The more efficient the methods, the more enjoyable and likely it is to utilize the players. Recently, the options started to expand, with the offer of cryptocurrencies now on the cards. 

Here is a list of the most popular banking methods for online gambling:

  • Visa
  • MasterCard
  • Instant banking
  • Neteller
  • Skrill
  • Citadel
  • EntroPay
  • ECOCard
  • AMEX

Gambling 101: Take Control, And Get Started Reaping Rewards

This gambling 101 has come to an end, and now that you have the basics of online gambling, all you need to do is get started by picking your platform, put a plan in place, and get started on your online gambling endeavors. With insight on the best bonuses and games to make the most of your gamble, this gambling 101 is the answer to make your dreams come true. If there is any topic you think this article is missing, be sure to contact us, and we will ensure it gets covered. 

 

Emma
Emma is an online content writer that has focused the last 5 years on using her knowledge to review over 5,000 casino platforms and games as well as write in-depth articles about the happening in both the crypto and online casino industry.

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