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The Bad and The Ugly About Online Casinos

The world of online casino gaming may offer casino buffs the chance at winning big money without having to dress up and leave their homes, but there are risks to this industry that the curious brick-and-mortar casino players should be wary of.

Not the least of these risks is the risk of fraud. It won't be surprising if casino players find the world of online casino gaming a more exhilarating experience than the traditional casinos. After all, you won't find a traditional casino that would give you a bonus upon signing up.

Some online casinos offer to match up to 100% of a player's initial wager, although these are always subject to terms and conditions. Some, for example, require a player to wager a certain number of times before allowing a player to make withdraw the money. At other online casinos, the terms and conditions may restrict players to playing only at the slots.

But it is not these seeming restrictions that online players should be wary of. What they should be wary of are those online frauds. But it won't be easy to spot a fraudulent casino. Many of them just bank on the reputation of software manufacturers to reflect on their own. They do this by buying or renting software from these companies, the most notable of which are CryptoLogic, Realtime Gaming, Microgaming, and Playtech.

Fraudulent online casinos with multiple documented cases of fraudulent behavior are called rogue casinos by the online casino industry, and there have been documented cases of fraud by them. They scheme by refusing to pay withdrawals by players. Some even go so far as to use cheating software on their site. It is common for them to intentionally delay paying out to players, with the intention of making a player continue with his gambling spree until of the money in his account is all gone.

Cheating software is thought to be a less common fraudulent behavior, it nonetheless affects many online casino players. Cheating can only be felt when a player sees a pattern in his playing. If a player isn't so smart, it will be hard to spot the fraud.

Thankfully though, many player forums are able to identify the frauds. These forums can be pulled up from any search engine search results, although the blacklisting is based on players' opinions as well as those of webmasters and not anything official from a regulating body.