Security improvements make betting and online casinos safer

For quite some time, online betting and casinos made people raise an eyebrow, fearing scams and frauds. But with security advancements in the last few years, and thedevelopment of new protocols and bank-level encryptions, these websites are safer than ever.

From licensing regulations to data protection, there are many aspects that make a betting or casino website secure. These features are vital to players safety, but in the case of online casinos, they also ensure fairness and unpredictability.

Some betting agencies and casino websites are even accepting cryptocurrencies as means for deposit, as they are decentralized and unhackable, and provide quicker and safer transactions. 

Riding this trend of security enhancements, many companies provide an array of safe US casino sites for those who are still unsure about which website to choose. But here are some points you must pay attention, when playing and betting on these sites:

Licensing

Any online gambling company must present the correct licensing from a reputable organization. This guarantees constant regulation by an official agency. Online gambling licenses are issued by gambling regulators, which usually are government organizations focused on monitoring and maintaining security and safety at these websites. Most online casinos and betting websites are licensed by Malta Gaming Authority and United Kingdom Gambling Commission, both of them public bodies of their respective countries. To keep its license, an online casino must meet every requirement laid out in constant audits it undergoes.

Audits

All licensed casinos are periodically audited by third party agencies, to make sure there aren’t security flaws or payment and money storage issues. They also must comply with financial regulations set by these agencies. The games available are also audited, to ensure fairness and unpredictability, by evaluating their random number generators. These tests are conducted by companies like eCOGRA, the eCommerce Online Gaming Regulation and Assurance, an internationally approved testing agency and standards organization. eCOGRA was founded in 2003, and has been a certification body for the online gambling industry since then. It complies with ISO and IEC regulations, and has been awarded the United Kingdom Accreditation Service.

Random Number Generators

Random Number Generators are algorithms that decide the outcome of online casino games, except those with live dealers, and guarantee the results are always unpredictable. Regulated online casinos must use a hash algorithm called SHA-3 on their random number generators, to prevent them from being rigged, and must be frequently tested. Most games are developed by companies like Microgaming and Play N Go, which have been on the market for some years and are recognized as trusted developers.

Security

This is the major issue for most online bettors, people want to be sure their money and data is secure. There are a number of security protocols that regulated online casinos must employ. All transactions, from deposits to withdrawals, should be completely secure and must use the highest levels of SSL encryption and RSA data protection technologies, making it impossible to be intercepted by malicious users. The best casino sites now use two-step verification login processes, so players can be sure there won’t be any unauthorized access to their accounts. Another step to secure players financial security is to keep the funds segregated; regulated online casinos must separate player funds from the casino operational funds. Responsible gaming policies are also evaluated as security standards, as casino websites must ensure players with gambling issues are protected from playing. 

Payment

Online casinos must conduct their payment transactions through trusted platforms like PayPal or PaySafecard. These platforms use the latest security protocols to protect money and personal information.

Since the emergence of cryptocurrencies, many casino websites now accept those currencies. As they are decentralized, which means they are not controlled by a central government agency, their conversion is quicker than conventional deposits, and are often charged with less fees. Most of these sites deal in Bitcoin, but there are some others that also accept different cryptos, like Litecoin and Ethereum. Before this was possible, deposits would take days to be credited, and withdrawals could be charged with fees up to 20% of the withdrawal amount. When betting with cryptocurrencies, the fees are much lower, and funds are made available immediately.

Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect those of Geek Vibes Nation. This article is for educational purposes only.