Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet.
Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online casino is using an appropriately programmed random number generator, table games like blackjack have an established house edge. The payout percentage for these games are established by the rules of the game.
Many online casinos lease or purchase their software from companies like Microgaming, Realtime Gaming, Playtech, International Game Technology and CryptoLogic Inc.
The game types through the online casino interface can also be divided into two categories: live casinos, which offer live interactive casino gaming via video link, and virtual casinos, which provide computer simulations of popular casino games.[citation needed] However, there is a great deal of crossover between the two, as most of the major virtual casinos now offer live gaming, and websites that are predominantly marketed as live casinos usually tend to offer virtual gaming in addition to live dealer games.
Fraudulent behavior on the part of online casinos has been documented.[by whom?] The most commonly reported behaviors are refusal to pay withdrawals or cheating software with rigged payouts. An online casino with multiple confirmed cases of fraudulent behavior is often called a rogue casino by the online casino player community.[6]
Some casino software has been mathematically proven to cheat, such as Elka System/Oyster Gaming and Casino Bar.[7] Screen shots from the back office of an older brand of software indicated the odds could be adjusted by the operator.
Many casino gambling portals and player forums maintain blacklists of rogue casinos.[8] While some carry more authority than others, most blacklists constitute individual webmaster and player opinions rather than anything official from any type of regulating body.
Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online casino is using an appropriately programmed random number generator, table games like blackjack have an established house edge. The payout percentage for these games are established by the rules of the game.
Many online casinos lease or purchase their software from companies like Microgaming, Realtime Gaming, Playtech, International Game Technology and CryptoLogic Inc.
The game types through the online casino interface can also be divided into two categories: live casinos, which offer live interactive casino gaming via video link, and virtual casinos, which provide computer simulations of popular casino games.[citation needed] However, there is a great deal of crossover between the two, as most of the major virtual casinos now offer live gaming, and websites that are predominantly marketed as live casinos usually tend to offer virtual gaming in addition to live dealer games.
Fraudulent behavior on the part of online casinos has been documented.[by whom?] The most commonly reported behaviors are refusal to pay withdrawals or cheating software with rigged payouts. An online casino with multiple confirmed cases of fraudulent behavior is often called a rogue casino by the online casino player community.[6]
Some casino software has been mathematically proven to cheat, such as Elka System/Oyster Gaming and Casino Bar.[7] Screen shots from the back office of an older brand of software indicated the odds could be adjusted by the operator.
Many casino gambling portals and player forums maintain blacklists of rogue casinos.[8] While some carry more authority than others, most blacklists constitute individual webmaster and player opinions rather than anything official from any type of regulating body.
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