History of Online Casinos

New Online Casinos 2018

There is a definite difference between online casinos and the conventional brick and mortar ones. The fact that users can wager their money online sitting in the comfort of their homes is an advantage online casino have to the traditional ones.
Since conventional casinos have a higher upkeep cost, they have considerably fewer payback percentages. Whereas online casinos do not require a lot of money for running rooms, they can offer better odds and payback percentages. Games like slot machines, poker, blackjack etc. are top-rated in online casinos are often based off of random number generators.

The History of Online Casinos

The first real online gambling was in 1994. Micro gaming is considered the early developers of online gambling websites. Hey offered a fully functional casino that provided users with the opportunity to bet real money. This is back in the 90s, and this technology was insufficient regarding connectivity and features. It was a massive step towards modernising the conventional casinos. By the end of the 1990s, companies started to develop an increased interest in online casinos. By 2002, there were close to 200 online casinos that were operating, and the revenue from them exceeded the $ Billion mark. The number of users participated were close to 8 Million which was a massive number at the time. However, now the online casino industry is worth over $45 Billion and accommodates upwards of 200 Million people.

Types of games offered

There is no cap on the kinds of games offered in these gambling websites.
Since most games are based on random number generators such as blackjack, they are incredibly efficient. Plus, the fact that casinos can control the outcomes which are by legislation means that they can be handled and managed.
Here are the most popular games:

• Live Poker
• Baccarat
• Bingo
• Slot games
• Poker
• Blackjack
• Roulette

Even though there are risks involved in online poker, modern methods have allowed these gambling websites to become extremely secure using encryption and other means. Although some games may be subjectively more enjoyable when considering the fact, you can do all that from the comfort of your couch.

Lower Upkeep Cost means better returns for the players

It’s simple, the lower the upkeep costs, the more lenient the medium will be.
In fact, brick and mortar casinos are considerably less profitable for beginners and rookie bettors, and this is one reasonGambling website can also give access to free tournaments, 1 cent betting minimums, freerolls, spins and more.
While free spins, rolls and bonuses aren’t open, it incentivises players to join the website. Not only are these gifts bringing more players, but they are also very lucrative for both the house and the smart gambler. There are many instances where intelligent speculators (who often get lucky) end up with a good profit using these bonuses.
While this isn’t the case with all gamblers, the won amount from online casinos can be easily used to earn big money down the road.