With most people in lock-down due to the new omicron covid pandemic, many people are forced to stay at home. Most of the countries have decided to close non-necessary physical business, and with that, land based casinos were also forced to shut down.
Due to this, many people have been asking us if online casinos are a safe place to bet online. With this article we intend to clarify whether it is safe or not to deposit and make money online in this internet gambling sites. Read this article and get to know if you should trust or not this kind of websites.
First of all, we must realize that we are now in 2022. Everything has been evolving online for the past two decades, and so any of the businesses in all the market niches have online versions, so does online gambling.
We must also clarify, that the online gambling is fully regulated. Even tho we are on the 21st century, many people still don’t trust the internet at all. The countries where this websites accept players from, are regulated by the local gambling authorities which means, that all activity is scanned for fairness in wins and losses for the player and the casino website itself.
Regarding the funds, all your funds are protected by international security. All the money you deposit in those websites is guaranteed to be safe in bank institutions. You don’t need to worry about being hacked by someone who could potentially steal your money.
In the same way, they payments are processed by independent companies which allow more transparency over the deposits and withdrawals. All of the online casinos have partnerships with worldwide companies such as: Paypal; Mastercard, Visa, and local bank transfers, making the deposits and winnings claims to be 100% safe for both the casino sites and the gambler.
Another step that is now taken by all of the internet casinos is what they call: KYC. KYC stands for Know Your Costumer. What is it about? We will explain quickly. Back in the 90’s, with the exponential growth of the internet, the mafia used casinos for money laundry. They would make random bets, to “justify” illegal money with some casino profits. This way casinos now force you to submit your identification.
Is this safe to provide KYC? Of course. As we said above all is fully regulated. Most of the casinos will ask you for a simple National Identification number and/or proof of residence. You don’t need to worry about sending those details as once again everything is regulated and the data protected.
Now you can feel safe about placing your bets online! Don’t let this confinement bore you. Place your bets in the best online casinos in the list below: