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There are innumerable watchdog sites keeping a watch on the workings of the online casinos — the most important being eCOGRA.
Very important, but almost always ignored. This could cost you a lot of money especially where online casinos are concerned. Online casinos have become an extremely lucrative as well competitive industry with the operators introducing new promotions on a daily basis.
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The reputed iGaming software companies have strict rules which the operator needs to follow always as the gaming software is mostly licensed to the operators and this industry is fueled by good reputation.
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The reason why they cannot pay may be because they are actually broke or were set up as a scam outfit from the beginning.
The former is usually the likely scenario, but not always. It should not take online casinos longer than a few business days to process payouts to players in Europe and most other areas.
US players will face some delays but should normally just wait several weeks, not several months. Players facing delays will often be asked to jump through hoops — even after they verified their documents.
The online casino operator is either broke or setting out to scam customers. As casino bettors, we all know the house has an inherit advantage in every casino and slot game they offer to players.
Still, the advantage taken by the casinos must be regulated because it can easily be abused by unscrupulous operators. In some cases, the casinos feed players crooked games; games in which, a legitimate win was not even possible.
It is a scary thought, especially because the casinos would likely be somewhat profitable if they were playing by the rules. Reputable online casinos are regulated and tested by independent gaming bodies to assure players of fairness in their games.
That brings us to our next section. Even though an online casino may look the part, flashy homepage, tons of games offered, etc, it certainly does not mean they are legitimate.
The sites will flood their homepages with offers and games, and will make up regulatory agencies that have verified their games or given them their stamp of approval.
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