Casino with License
Not all casinos are created equal, especially when it comes to online options. There are numerous casinos available online, but how do you know which ones you can trust? The internet is filled with scammers, not to mention hackers. When playing with real money, you want to ensure the safety of your funds. You want the money to remain in your account when you return to play the next day. Additionally, the security of your personal and credit card information is crucial. It’s every gambler’s nightmare that criminals might abscond with their gaming funds or personal details. So, the question remains: How can you be sure that an online casino is genuinely trustworthy?
The answer lies in the casino’s license. In this article, you’ll learn about the advantages of playing in a licensed casino, how to choose the best online casino with a license, and the payment methods associated with licensed online casinos. We’ll also discuss major license issuers and address key questions on this topic.
Advantages of a Licensed Casino
You might not feel inclined to check whether a casino holds the right license, but we recommend doing so before entrusting your money to an online casino. A licensed casino offers several crucial advantages:
Clear Bonus Terms
Licensed online casinos provide clear terms and conditions, a requirement set by the licensing commission. The casino’s rules are explicitly laid out in the online casino’s terms, essentially forming a contract between you and the casino. In the event of any disputes, you can refer back to the bonus terms to understand the agreed-upon conditions, ensuring clarity for everyone involved.
Licensed casinos play the game fairly, another prerequisite for obtaining a license. The likelihood of a casino cheating by manipulating a game is significantly reduced. You can be confident that you have a fair chance of winning the game.
Financial transactions, personal information, and your expenditure are all secure in a casino with a valid license.
A licensed casino knows exactly what standards to meet. In case of any issues, the customer service is easily accessible and typically very experienced, providing you with a reliable point of contact for any queries.
How to Choose a Licensed Casino
Online casinos don’t receive licenses arbitrarily; they must undergo stringent procedures. Only with a license can they operate legally. Once granted a license, casinos usually proudly display the license logo on their websites (it’s mandatory for the casino to do so). You can often find the logo at the very bottom of the casino’s webpage by scrolling down. Clicking on the logo directs you to the website of the license issuer, where you can verify the license’s current validity.
Payment Methods at Licensed Casinos
Each casino has its selection of payment methods. Here are the primary ones:
- IDeal: Currently available only in Dutch casinos and those targeting the Dutch market. Payment occurs through internet banking from your own bank, and IDeal is only for deposits, not withdrawals.
- Paypal: A type of e-wallet, an online bank account. Since no traditional bank is involved, transactions are swift. Paypal allows both deposits and withdrawals.
- Paysafecard: A prepaid card for online purchases and casino payments. Paysafecard is for deposits only; withdrawals are not possible.
- Visa: Credit card. Money is deducted from your bank account at the end of the month. Visa supports both deposits and withdrawals, though the process may take longer than other methods.
- MasterCard: Credit card. Similar to Visa, money is deducted from your bank account at the end of the month. MasterCard supports both deposits and withdrawals, with a processing time usually longer than other methods.
Various countries issue casino licenses, with licenses from Malta, Cyprus, and Suriname being the most popular among casino websites. This popularity stems from the high regard these license issuers have in the online casino world. Most Dutch casinos operate under a Malta license, allowing them to attract Dutch gamblers. Regulations for gambling services vary by country. For instance, if a casino has a Malta license, it must also obtain a Belgian license to attract Belgian gamblers.
What does it mean when a casino has a license?
When a casino has a license, it means that the casino operates legally and complies with all regulations. One of these regulations, for example, is ensuring fair play. Furthermore, the casino is safe to play in, and your money and data are well-protected.
What does it mean when a casino doesn’t have a license?
If a casino lacks a license, it could be associated with a criminal organization. In an unlicensed casino, you don’t know what happens to your money, and it may not be safe to play. Additionally, the casino may engage in dishonest practices. Therefore, always choose a licensed casino for a secure gaming experience.
How do I know if a casino has a license?
You usually find information about the casino’s license at the bottom of the online casino’s page. By scrolling, you will eventually encounter the logo of the licensing commission, usually located at the very bottom of the page. Clicking on this logo will take you to their site, where you can verify whether the casino’s license is still valid.
Are there fake licenses?
Yes, unfortunately, there are casinos that pretend to have a license. Always be vigilant when searching for a license logo. Does the logo seem authentic? To be sure, check if you can click on it, or verify with the licensing commission whether the casino you are considering actually holds a valid license.
How can I make payments in a licensed casino?
Payments can be made using various payment methods, which vary from one casino to another. You can find the accepted payment methods on the casino’s payment page or in the casino terms and conditions.
How can I withdraw my winnings in a licensed casino?
The process for withdrawing winnings is outlined in the casino terms and conditions, available on the site of every licensed casino. Additionally, you can check the casino’s payment page for relevant information.