Are Online Casinos a Scam ?

Most people consider online gambling in any form to be a scam, a construct built around the addictive nature of the games. They think all casino games are fixed, so that in the long run there is no way for the player to be profitable. Well, this is not true.
Casinos are legitimate businesses, and as such they need to make profit to be able to survive. For this they usually choose game types that are in their advantage. But most casino gamers don’t play for the possible monetary gain, but for the entertainment value of the games themselves. These players ensure a constant revenue stream for casino operators.
Due to the controversial nature of online gambling in itself, and the fact that it was used for heavy money laundering in the past, this industry is the most heavily regulated and audited one of them all.
The fairness of the games themselves is assured by the periodical testing of the random number generators – the basis of all casino games – and the repeated verification of casino practices.
The security of the players’ personal information is also strictly verified – online gambling companies never give out such information to third parties, unlike some other highly profitable online industries, like social networks and search engines do (yes, I am referring to Facebook and Google). So, your information is much safer at an online casino than it is at Facebook.
All online casinos need a license to operate – these licenses are issued by government institutions that have to strictly verify the functioning of the casino before issuing it.
Besides all the above, the industry itself has created several independent bodies to ensure the correct practices and fair policies in the industry – like the eCogra (the eCommerce and Online Gambling Regulation and Assurance service in the UK, the European Gaming and Betting Association, or the EU-SSA, the European Sports Securities Association). These bodies safeguard both the player’s safety at various online gambling outlets in the industry, and the fairness of the games and the policies used by the operators themselves.
As you can see, due to the very nature of online gambling, we can almost say it is over-regulated. If a scammer happens to infiltrate the industry, its competitors – and the global gaming community, consisting of millions of players worldwide – will be the first to smite it, and smite it good.
So, it’s sometimes safer to play at an online casino than to take a long evening walk in the park. You don’t even have to leave your home to see the list of new casino games released by the developers, and play them knowing that your wins are safe with the operator of your choice.