It’s no secret that millions of people around the world love to gamble with their money. After all, we have thousands of gambling facilities in almost every country. An interesting fact that came to our scope is that the total annual revenue made from gambling facilities such as casinos and betting shops was a little over $400 billion in 2019. What’s even more fascinating is that the online gambling industry plays a huge role in this revenue – over $60 billion to be more precise.
Online casinos have thousands of registered players on their sites, but no one knows how they became so popular and what made people favour them over the land-based casinos? We are here to explore some of the facts and give a good explanation, as well.
Huge List of Casino Games
First of all, all online casinos have hundreds of games with various themes in their vaults. Some of them even have thousands. The huge list of casino games online is divided into several categories such as table games, card games, slots, Live Casino games, etc. Some of the world’s best game providers make sure that they have high quality and can give players a unique and unforgettable experience.
Overall, the most popular casino games are slots. They have simple gameplay, are cheap to play, and sometimes hide rewards of up to $1 million. Poker games and Live Casino games are also among the favourites and are played by millions of people.
Security, Anonymity, and Fair Play
The biggest problem that online casinos had to solve was security. After all, these are websites that are prone to hackers because they deal with huge amounts of money and hold private data of numerous players.
The answer to that problem lies in technology. Casino sites started to use the latest SSL-encryption to make sure that their sites are secure, but they also used this software to hide every piece of data from the players and turn it into an unbreakable code. To make things even better, they allowed players to register under various aliases, giving them full anonymity.
Online casinos are also at the forefront of the battle against theft and corruption. They created an algorithm which makes it impossible to fix the games and determine the winner. Random Number Generators, or simply known as RNG, are there to create random outcomes of each game and give players an equal chance of winning.
Handsome Rewards and Good Payout Percentages
One of the biggest advantages that online casinos have are their excellent bonuses and promotions, along with tremendous payout percentages. All newly registered players receive welcome bonuses that reward them with bonus amounts after first deposits. They also receive Free Spins for slots. Some other rewards include cash prizes, Loyalty Points, tournaments with thousands of dollars in cash rewards, etc.
As far as payout percentages go, online casinos usually payout around 80% of the amount that players win. Compared to land-based casinos, that number is around 40-50%. That is a huge gap and a huge reason why people are willing to go online and try their luck.
Lastly, casino sites are easily reachable from your PC/laptop or mobile device. Most online casinos have optimized their websites for desktop and mobile use, with some even developing apps. All you need is a stable Internet connection and you can enjoy their games wherever you go, whether that’s your home or if you are trying to earn money while travelling.
They are also available 24/7 which means that you can go online and play a good casino game at any time of the day, regardless if it’s a holiday or not.