Online Casino Cash Out

The most secure/legitimate online casinos can be found here. If you want to make sure your casino wins gets paid out, a bit of research is of value. People need to be smart so that they may cash out their earnings fast from online casinos. So, the methods of cashing out need to be reliable too. There may be a possibility that an online casino might pull down shutters without paying out the winners. Hence, it is important for you to cash out your earnings using any method as soon as possible.

Instant cashout vs approved cashout: player convenience or greater control over funds for casino owner – SoftSwiss can offer the right balance with intelligent algorithm.

It is not a secret that cashout process is one of the most irritating procedures in online gambling industry. When player makes a deposit at online casino it is only a matter of minutes. If luck has been on the player’s side and they request a cashout – all of a sudden it turns into quite a procedure. In times when everyone is so concerned about protecting their identity on the web, casino that you only recently started playing on requests your personal documents to process a cashout. Even if all checks out, with time it takes for casino team to review and approve the cashout, funds may take around a week and even more to land in your account. However, the vast majority of reputable licensed casinos will do everything in their power to process cashouts in a timely manner and will never use player documents for anything other than confirming their identity. After all, Know Your Customer is a typical stage for any business related with accepting and transferring money.

Now, looking at it from casino owners’ standpoint, the approval process is important not only as past of the KYC. Online casinos popular with players also have to be concerned with risks of inside foul play, fraud or money laundering. This makes the review of cashout, including player documents, history of bets, playthrough and deposits etc. casino staff’s last chance to prevent unearned funds from being paid out. However, some forward looking casinos have already implemented instant cashouts, giving them a strong competitive edge. Emergence of the Bitcoin shifted the balance in favor of instant cashout since cryptocurrency is fully anonymous making verification pointless. So is there an optimal balance between players’ interests and owners’?

After careful analysis, team at SoftSwiss decided to develop an intelligent algorithm that helps resolve the issue. Our software tracks a number of parameters including cashout amount, player’s deposit and bonus history, betting patterns, unusual winning spikes and several other factors. If cashout clears certain checkpoints, it is released to the player immediately. In case it fails to clear even one parameter, cashout is flagged and brought to the attention of administrator. Casino staff can then review all the aspects and see if the cashout is legit or not. Solution can be fine-tuned according to owner’s preference for each parameter value. Thus, SoftSwiss provides its customers with another valuable tool aimed at making customer experience more pleasant while keeping close watch over their casino’s cashflow.

Finding a secure, safe, legitimate and trustworthy online casino is a must. When looking for an online casino, it is natural for you to be attracted by what they offer. More than anything, you are after a great user experience. However, you should also consider the security of the website.

There are thousands of online casinos and you need to know how to choose the right one. This industry earns billions each year and that is enough to attract unsavory individuals to create online sites to scam people out of their money. Fortunately, local governments have seen how this industry has grown over the years and have made aggressive measure to regulate it. They have strict requirements for legal online casinos and you just have to understand what these are so you will know what to look for.

How to find a safe, secure, legitimate and trustworthy online casino

There are three important qualities of a safe online casino.

Licensed and Regulated by a Gaming Authority

First of all, an online casino should be licensed and subjected to the regulation or a reputable Gaming Authority. There are many gambling licensing authorities. Here are a few of them.

• UK Gambling Commission
• Malta Gaming Authority
• Danish Gaming Authority
• Gibraltar Regulatory Authority

A casino license is considered a “seal of approval”. This means the online casino met the standards and requirements of the country that they wish to operate in. The requirements include the ownership details, meeting industry standards, safe and efficient systems, customer data protection, fraud prevention measures, etc. Having a license means players are protected – specifically their personal information, credit card details, and real money deposits.

Fair Games and Payouts

Unlike a traditional casino, the cards dealt on the table are usually left to chance. This is a bit hard to do when you are playing online casino. This is why online casino websites should use a pseudorandom number generator (PRNGs). This is a software program that generates pseudorandom numbers (PRNs) that create random numbers in the same way that a live dealer does it. This particular software should be constantly tested by a third-party auditor so the online casino games will always be unpredictable. Online casinos are still in the business to profit so it is easy to be tempted to rig this to make sure that players keep on losing and payouts will be fewer. But strict rules are always in force to make sure this will not happen. There should be a balance between the ratio of wins vs losses. So if you want to check if an online casino is safe and secure, you should not just look for the PRNG software. You should also make sure they are being audited by a reputable third-party company every now and then.

Best Encryption Technology and Safe Payment Options

Finally, a safe, secure, legitimate, and trustworthy online casino should have the best encryption technology in place to protect all financial and personal transactions. This is why you should make sure the online casino has SSL (Secure Socket Layer) and TSL (Transport Layer Security) digital encryption. This is the technology that ensures every sign-up and money deposits or withdrawals are done securely. The more modern the encryption technology is, the stronger and more effective it can be in securing the site. Not only that, the online casino should have several payment options that are not only safe but also convenient and simple to use.

Other things to look for to find a secure online casino

Obviously, the three qualities mentioned above are the most important. But how will you know if an online casino has any of the three? Here are the specific things that you need to look for.

Licensing and regulatory information

This is usually found at the bottom of online casino websites. You will see the logos of the licensing authorities. Make sure you find out the specific licensing authority in your country. Their logo should be on the website – if not, your country of origin will make you unqualified to play.

Software used by the website

Online casinos use a lot of software programs. There are programs used for the game while there are those put in place for security purposes. Make sure that anything that is used by the website is from trusted software providers. When it comes to games, you need to get to know the reputable media giants when it comes to gaming developers. These include Microgaming, NetEnt, and Playtech. You should also check if the site uses Realtime Gaming software programs (RTG). This is common for US online players. You might want to look for the logo of external audit firms that does random checks of the online games to ensure fair play. These include Ecogra, Thawte, TST, and Gaming Associated Pty Ltd. These logos are also at the bottom of the page.

Online casino ownership

Getting to know who owns the website is also another way to check for secure online casinos. This is found on the About Us page. If the online casino does not have this page, check the Terms and Conditions Page. In case there is no information about the owner, that should give you enough reason to doubt the site. Legitimate and trustworthy sites will be vocal about the reputable companies they are associated with.

Website security

When you visit any website, your computer is continuously interacting with the web server. There is an exchange of information between your computer and web server. The information exchanged should be protected. Usually, websites use a Secure Socket Layer or SSL technology is responsible for encrypting the data exchanged to keep it protected. You need to make sure that the online casino has this SSL technology. There are a couple of ways to check the security of an online casino.

• Make sure there is an https:// at the start of the URL. The “s” means secure. If the site is not secure, it will only appear as http://.
• Look for the lock. All web browsers (Google Chrome, FireFox, and Internet Explorer) will display a lock sign to indicate that a site is secure. You will see it beside the web address (URL).

Online casino payouts

Even if an online casino is secure, you still need to ensure that the payout is safe. Having a safe payout means the online casino has a simple, fast, and efficient system in place when processing your financial transactions. One indication is being in partnership with reputable financial giants like MasterCard, Visa, etc. If these are offered as a deposit or withdrawal method, then you are in good hands. Check out the other online payment methods like Skrill, Trustly, and Neteller. Being associated with reputable payment methods will solidify the online casino as a safe, secure, legitimate, and trustworthy website.

Longevity

In any business, the length of being in the industry is usually a good indication that they are legitimate and trustworthy. It can also be assumed that they are both safe and secure. If a business is not secure, a lot of customers would file complaints about them and they would have been under investigation a long time ago. If they have survived the industry for a couple of years, that is a good indication that they are doing something legal. Otherwise, they would have been shut down already. Of course, this is not the end all and be all of a secure online casino, but it is still a positive point towards security.

Online Casino Cash Out Loan

Tips to protect yourself at an online casino

Even if you found a legitimate and trustworthy online casino, that does not mean you should already let your guard down. There are still a couple of things that you can do to make sure you are always safe and secure.

• Come up with a strong password. Usually, a combination of letters, numbers, and symbols will make a strong password. You should also try out the 2-step verification that is offered on some sites. This usually requires you to submit an email address or mobile number so the site can send a verification code that you have to enter before you can be logged in. Using a security question is also another way to secure your password. From time to time, you might want to change your password – just in case.
• Be cautious of phishing emails. When you see a spam email that requires you to click on a link – be very cautious about it. Make sure the email address is legit. Some links will require you to input your password – but the truth is, they are just getting it so they can log into your account.
• Monitor your bank statements. Always keep an eye out for your bank statements. If there is an unauthorized withdrawal, you can spot it immediately. You need to report it as soon as possible to make sure that your money can be returned to you.

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Consider all of these when you are looking for an online casino. Try not to be blinded by what they offer in terms of bonuses or free spins. Be smarter by ensuring that the online casino is safe, secure, legitimate, and trustworthy. That is the only way you can really enjoy playing online casino games without worrying about someone taking your winnings from you.