Online casino 101: all you need to know


Whether you visit Vegas on a regular basis, or whether you only seldom place a few dollars on your favorite baseball team it’s hard, or downright impossible, to find an adult man who never in his life had gambled, at least in some way or the other. We could compare it to a widespread addiction, or better to say that it is more like a virus which we all carry inside but it can cause problems only to a small number of people whose “sickness” goes out of control and becomes pathological. To the rest of us it only presents a meaningless and harmless entertainment, with just a small investment required.
So, just like in real-life Vegas (or any other town), where you can choose your type of gambling we have the same principle involved with online casino. With rise and expansion of internet and computer technologies, online marketing and e-banking, casinos had found a secure and legitimate way to go along with streams of modernization and to become casinos of the future, i.e. Casino2.0.
inter-casino1Online casinos are then basically replicas of the ones found in real world, but with one distinction – the money you lose may not be real. Casinos give you an option to gamble fictional money, or to play practice games for free, but majority of people do visit those internet sites to pursue, and hopefully catch, that potential cup of gold at the end of the rainbow.
Naturally, odds in that race are stacked in favor of the “house”, or the company that provides the gambling experience. The scales are slightly tipped on their side with a little something called a “house edge”, which is a percentage of money that the house is sure to gather after every deposit you make, or even after every winning you happen to have. But that number is very small so most of the players just decide to ignore it and eventually they forget all about it.
Highly complicated and sophisticated mathematical algorithms are the ones responsible for this, and the outcome of each game is predicted by “pseudorandom number generator” (PRNG). Of course, everybody realize that it is not completely random, but statistically it comes ever so close and it is generally accepted in that sense. This technology determines the outcome of a dice throw, or the order of cards being drawn, or sequence of fruits coming out on your old-fashioned slots machine.
10983Black_JackMost famous, and the games that people play the most when coming to an online casino, are:

  • Blackjack
  • Roulette
  • Craps
  • Baccarat
  • Poker
  • Slots

There are of course many more of those, such as sic bo, keno, bingo, etc., and all of them have to be powered by a computer software – and the biggest companies that produce and sell these are Microgaming (founded all the way back in 1994), Playtech, International Game Technology, Realtime Gaming and CryptoLogic Inc (now Amaya).
Their job is to ensure that everything goes on as smoothly as possible, and that both the house and the player are satisfied after a session. Players are generally not satisfied when they log out with zero on account but that is the nature of gambling itself – sometimes you win, sometimes you lose.