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What are Real Money Casinos?

Real money casinos are online betting platforms where players deposit funds to wager and potentially win.  Like traditional casino houses, these platforms support various casino games. However, all casino games are only available online. 

Unlike free-to-play or social casinos, these platforms offer players opportunities to earn real rewards. Real money casinos have grown significantly over the past year. In 2022 alone, online casinos in the United States generated over $54.9 billion in revenue. 

Our guide will review the general features and benefits of some of the best real money casinos in 2023. First, let's review the game selection available on these betting sites.

Game Selection available in real money casinos

Players can enjoy several types of real money casino offerings online. Some of the most popular include:

  • Slots: The slot machine is one of the most played real money casino games. Players spin the reels in an attempt to match symbols and win payouts. Hundreds of online slots are available, each with unique themes and features.

  • Table Games: Traditional gambling options like baccarat, blackjack, roulette, and craps have been modified for online play. Players compete against the dealer or other players by placing wagers on the results of a particular game.

  • Card Games: Card games like poker and video poker are popular in real-money casinos. They require skill and strategy. Players compete against each other or against the dealer to win payouts.

  • Live casino games: From the comfort of their homes, players can enjoy the thrill of a real casino. In real-time, players can interact with real dealers and play live blackjack, roulette, or baccarat.

  • Specialty Games: Specialty games, such as keno, bingo, and scratch cards, are simple, easy-to-play games that offer players the chance to win payouts. 

These are some of the most popular real money casino games players can enjoy online. The selection of games available will vary from one online casino to another. It's important to choose a casino that offers the gaming options you enjoy.

Bonuses And Promotional Offers Of Real Money Casinos

Various Real money casino platforms have several bonuses to entice more players to their platform. Bonuses and promotions are essential to determining the best online casino platform for real money. Although these offers vary across platforms, some popular online casino bonuses include the following.

  1. Matched Deposit Bonus

This widely offered casino bonus involves matching the player's deposits. A player must open a new account and select a payment method for this bonus.

The online casino will then match the player's deposits, typically with a 100% match-up to a maximum bonus amount. There will usually be specific terms and conditions associated with this bonus, such as wagering requirements.

  1.  No Deposit Bonus

It is a rare but highly sought-after type of casino bonus. Players are not required to deposit to receive this bonus. 

No deposit bonus can be free spins on slots or bonus cash. There will likely be a cap on the amount players can win with the bonus money.

  1. Free Spins Bonus

This type of bonus is perfect for slot game enthusiasts. Players receive a certain number of free spins on selected slots on the site. The free spins come with a specified value.

Free spin offers usually come with restrictions. These restrictions may limit how much money players can win from gameplay. It can also apply to the length of time the spins are valid.

  1. Matched Deposit and Free Spins Bonus

With this type of bonus, players get the best of both worlds. They receive a matched deposit bonus on their deposits and some free spins.

  1. Multiple Deposit Bonus

Some online casinos offer bonuses based on multiple deposits, not just the first deposit. For example, matching deposits may extend to the second, third, and fourth deposits, with varying percentages and maximum amounts received.

  1. Deposit Bonus and Cashback Offer

This casino bonus combines a matched deposit bonus with a cashback offer on losses made within a specific period. The deposit bonus works like the matched deposit bonus described above. With the cashback offer, bettors will receive a percentage of their losses incurred during gameplay.

Payment Options On Real Money Casinos

Many online casinos provide various payment options for quick deposits and withdrawals of money from a player's online wallet. 

Some of these include:

  • Credit/debit cards: Players can use their credit or debit cards, such as Visa or Mastercard, to deposit funds into their casino account.

  • E-wallets: E-wallets, such as PayPal, Skrill, and Neteller, are popular payment options for online gambling as they provide a fast, secure, and convenient way to transfer funds.

  • Bank transfers: Players can also make deposits and withdrawals through bank transfers, which can be a slower option but offers a high level of security.

  • Prepaid cards: Prepaid cards, such as Paysafecard, are a convenient option for players who prefer not to use their credit or debit cards for online transactions.

  • Cryptocurrency: Some real money casinos accept cryptocurrency, such as Bitcoin, as a payment option.

Safety And Security Of Real Money Casinos

Online casinos have implemented measures to ensure the safety of their players by using technology and following strict protocols. Top online casinos utilize firewalls to block unwanted traffic and prevent attacks, SSL to encrypt sensitive information and secure banking options for players.

Additionally, using Random Number Generators ensures fair play, and third parties can handle any disputes between players and the casino. Responsible gambling features such as deposit and bet limits are also included to regulate player behavior.

Licensing And Regulations

Regarding licensing and regulations of real money casinos, each country has specific bodies and laws that guide online casinos operating within certain geographic locations. These gambling platforms must abide by these laws and be transparent for regular audits to avoid sanctions and fines. 

The goals of these regulatory bodies are to ensure players are protected and the operators follow a set of rules and standards. Online casinos that are licensed and regulated are considered reputable and trustworthy.

A real money casino obtains its license after passing a strict evaluation by the licensing body. This body scrutinizes the platform regarding game fairness, responsible gambling, and player protection.

Trustworthy casinos typically offer secure banking options, use random number generators for fair game results, have responsible gambling features, and have good customer support and dispute record.

Players who use certain online casinos to wager real money do well to ensure the platform is certified by a licensing agency. They can do this by looking for any logo or the licensing body's name on the casino's website. 

Some of the most well-known and reputable licensing bodies include the Malta Gaming Authority, the UK Gambling Commission, and the Gibraltar Gambling Commission.

In addition, players can also look for online casinos that have been independently audited and have received certifications from trusted organizations such as eCOGRA. These certifications seal the approval, indicating that the online casino has been thoroughly evaluated and found fair, safe, and secure.

Conclusion

In summary, real money casinos offer a unique and exciting way to play popular casino games online and win real money payouts. Like traditional casino houses, they offer a variety of gaming options. They also offer a range of bonuses and promotional offers to entice players and a wide range of payment options.

The safety and security of real money casinos are also ensured through strict protocols and the use of technology. With so many options available, choosing a reputable online casino with a comprehensive game selection, attractive bonuses, and offers is essential.


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