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Online Gambling Security
A Guide for Online Players
This
lesson, online gambling security is an informational guide for
online players and advises which organizations are on your side to
protect your online gambling security.
This article is included in the GT Online Gambling Guide.
Many gamblers have come across the term Offshore Gambling, but are not entirely sure what it means.
An online casino is licensed and its servers are in a country where offshore gambling is legal.
Online casinos must be licensed for offshore gambling by a particular country or jurisdiction.
Examples
of local jurisdictions that license and operate legally are Alderney in
the Channel Islands, Antigua, Barbuda, Costa Rica, Gibraltar, Isle of
Man, Curacao, Kahnawake in Canada, Malta and Vanuatu-near Australia.
The country/jurisdiction in turn monitors these licensed online casinos.
Besides licensing, your online gambling security is regulated and monitored by 3 major watchdog organizations.
Additionally, the payouts and odds are just as equal and fair (often higher) as in a regular land-based casino.
This
form of gambling provides a convenient and fun way to play all the
games normally found at a land-based casino, but without the hassle of
making the pilgrimage to Las Vegas.
Online casino security is regulated by three organizations.
They
are OSGA (The Offshore Gaming Association), The IGC (Interactive Gaming
Council) and the Fidelity Trust Gaming Association (FTGA).
Online Gambling Security: OSGA and Offshore Gambling
The
OSGA is an independent "watchdog" agency that monitors the Off Shore
Sports Gaming Industry in an effort to provide the public an avenue to
locate reputable companies to place a wager.
It aims to protect the rights of consumers and they charge no membership fees.
The
agency is a professional non-biased third party organization that gives
objective opinions, based on players’ feedback, independent research,
telephone calls and inside news.
For OSGA, the mission is to keep
the philosophy that there are safe places for sports gambling and in
turn for casino players. Because of the climate in the gaming industry,
players need to have additional information on offshore sportsbooks and
online casinos provided by an outside source.
Online Gambling Security: IGC and Offshore Gambling
The
IGC, Interactive Gaming Counsel, a not-for-profit organization founded
in 1996 in the US, relocating to Vancouver, Canada and incorporating
there in March 2000.
The organization was established to provide a
forum for interested parties to address issues and advance common
interests in the global interactive gaming industry.
The ICG goals
are to establish fair and responsible trade guidelines and practices
that enhance consumer confidence in interactive gaming products and
services, and to serve as the industry’s public policy advocate and
information clearinghouse.
The IGC remains committed to these goals.
IGC
membership has increased significantly since it’s inception by drawing
attention from noteworthy industry groups to complement existing
leading industry players.
There are members from the US, UK, South
Africa, Israel, Canada, the Caribbean, Australia, Denmark and Sweden.
The IGC has built a reputation for reliability, integrity and
credibility through its high standards, and appeal to legitimate
businesses.
Affiliation with their association ensures that you
have a trusted organization fighting for the promotion and enhancement
of the gaming industry, fighting for you when you need it and most
importantly--with a collective voice.
The IGC regulates offshore
gambling by utilizing a special 10-point code of conduct and charges
casinos a fee to display their logo. Unhappy players who believe their
online gambling security has been comprised can report their disputes
to the IGC.
Online Gambling Security: FTGA
The FTGA
was established in an effort to set a standard for online gaming
operations. The agency maintains that by conducting business with only
reputable companies, they can form an alliance of the most fair and
professional offshore gaming operations worldwide. To be certain that
the companies they support are reputable, FTGA conducts comprehensive
background checks on not only the company but also the individuals
supporting the company.
According to FTGA, they form a close relationship with their members and monitor their business practices frequently.
With
the boom of the internet over the last few years, everything seems to
have translated into an online version and offshore gambling has been
no different.
There are organizations that govern the fairness of
online gambling which should serve to alleviate any fears of online
gambling security by players.
It eliminates the traveling costs, but still keeps the essence of a Vegas casino with the convenience of playing from home.
Following this online gambling security lesson, GT offers Rating Online Casinos: 20 questions
OR
Return to Online Gambling Guide
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