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April 26, 2022

A deep dive into iGaming

A deep dive into iGaming

Gambling is a pivotal part of entertainment. Evidence suggests that the practice has been around since the earliest human civilizations. Records show that the Ancient Greeks, Chinese, Egyptians, and Romans, all placed wagers on games, athletic competitions, and more. Today, the practice remains popular, with cities like Las Vegas, Atlantic City, Macau, and Monte Carlo attracting millions of tourists annually.

However, as society changes and technology develops, the gambling industry evolves. So, as we build the digital era of the 21st century, online gambling, or iGaming, becomes a lot more prevalent. In this article, we are going to go over everything you need to know about iGaming.

A Brief History

Simply put, iGaming is a catch-all term for any form of online gambling. We aren’t just talking about an excellent casino en ligne, featuring hundreds of slots and similar games. The term also encompasses sportsbooks, poker rooms, and any other online avenue for placing bets.

The industry got its start in the mid-1990s. With the internet becoming all the more available, a company called Microgaming released the first ever online slot. Soon, similar companies followed suit, and by 2000 the iGaming industry had already had its first progressive slot, as well as various gaming options.

Nowadays, online casinos have a wide library, with thousands of slots to choose from. Already the industry has grown into a multi-billion-dollar business. And while it is nowhere near as big as land-based gambling, many analysts believe that the future looks quite bright for iGaming.

Safety Concerns

As with any new phenomenon, people have some concerns regarding safety and security. When online gambling first began, the industry was quite unregulated, which resulted in unscrupulous websites, and outright scams. However, as time passed, more and more countries legalized online casinos. Naturally, this led to better regulation, and ultimately safer websites.

If you are new to the industry, and are curious to try roulette en ligne, blackjack, or poker, you will need to take certain steps to ensure your safety. So, let us look at three things you need to bear in mind when choosing your online casino:

  • Reputation: a casino’s reputation often tells you all you need to know. If review sites and customers can vouch for a website, it is likely trustworthy. If, however, the website gets a lot of flak regarding security, then it is best avoided.
  • License: a license is a must. Gambling commissions issue these permits, signifying a website is safe to use. The most trustworthy licenses come from European Union-affiliated countries, as well as Caribbean nations like Curacao.
  • Laws: finally, you must pay attention to your country’s laws. If your place of residents has made it illegal to gamble online, you will have to settle for the land-based establishment.

Bonuses and Promotions

Bonus codes and free spin promotions are among the main reasons that people flock to online casinos. A popular example here would be the welcome bonus that you will often find at many of the machines à sous gratuites casinos. For those who may not be aware, a welcome bonus is a reward that a player gets just by signing up to a website. Hence the name “welcome” bonus.

Common promotions at online casinos include free spins, free bets, match deposits, etc. Free bets/spins let players place an extra wager without actually depositing any cash. In other words, they get a free shot at winning the jackpot. But, welcome bonuses are not the only advantage of gambling online. Other common promotions include the following:

  • VIP bonuses: bonuses granted to VIP members of the website
  • Loyalty bonuses: bonuses granted to long-time users of the website
  • Monthly betting bonuses: some websites might offer monthly promotions on betting/wagering

Payment Methods

When iGaming first began, gamblers had limited options for payment, which was part of the reason they were so apprehensive. Credit cards were the only way to make a transaction in the 1990s. However, the industry has vastly improved since then. Today, we have a wide variety of deposit and withdrawal options available to us. In this section, we are going to go over the most popular.

  • Credit Cards and Debit Cards

Credit and debit cards remain one of the most popular options. Most online casinos accept VISA and MasterCard, which are the two most popular credit card companies in the world. American casinos will also, usually, take American Express.

  • Cryptocurrency

In 2009, Satoshi Nakamoto introduced Bitcoin to the world. Since then, cryptocurrency has grown drastically, and continues to do so to this day. Just recently, the crypto market saw a massive surge thanks to Elon Musk changing the Twitter logo to doge. So, it is not surprising at all that crypto is also incredibly popular as a deposit method at online casinos. It has become so popular, that there are even crypto-only casinos, that only accept Bitcoin-based deposits.

  • E-Wallets

The most popular payment method in iGaming today is e-wallets. PayPal is, of course, the most popular. However, you will also find that many websites accept deposits from a variety of digital wallets.

Most Popular Games

Finally, let us take a look at the most popular games at online casinos. Those familiar with the gambling world will already know what games take the cake for popularity. However, for any newcomers, this is where you start:

  • Slots

Slots are, by far, the most popular games in the gambling world. Slot machines decorate the halls of most land-based gambling establishment. Their online counterparts often number in the hundreds, or even thousands on their respective websites.

  • Blackjack

The most popular card game among pro-gamblers, blackjack offers some of the best odds out of any other gambling game. With the rise of live blackjack, the game’s popularity has significantly grown online as well.

  • Roulette

Roulette is another of the most popular games at casinos. So much so, that the wheel is often a symbol of gambling. For newcomers, we recommend you start with French/European roulette, which offers much better odds than the American counterpart.

Final Thoughts

iGaming is one of the fastest-growing entertainment industries in the world. In less than three decades, the industry has grown into a multi-billion-dollar business. As we said, many believe that in the future, iGaming might overtake its predecessor.