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Choosing an Online Casino - 10 Key Questions Beginners Must Ask
Tax Software Which casino should you play at? There are so many out there, that you really do not know which one is the right one for you. The prospect of becoming an online gambler excites you along with winning some serious money, but you are cautious and want to choose carefully.
Click on the links below to find answers to frequently asked questions, as well as information on billing, making online payments with Charter ePay, and managing your account online.
Software Tax Detailed below are 10 critical questions that you should ask (and get answers to) before signing up with a particular casino.
- Use our Tax Projector to predict next year's taxes.
- Your information is always kept private and secure.
- Use GainsKeeper to calculate investment gains and losses.
- Get straightforward answers to your tax questions with our online Tax Guide.
- Our optional online chat service allows you to have CompleteTax questions answered on the spot (a small fee applies).
Every Landlord Tax Deduction 1. What type of casino games interests me?
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Tax Help You will need to decide what type of game you want to play. There are literally dozens of casino games on offer from favourites such as blackjack, roulette, video poker, craps and slots to games that are not immediately associated with casino gambling such as bingo, lotteries, sports betting or skill gaming. Then of course there are specialist sites dedicated to just poker, where you can choose from a multitude of different game variations from Texas Hold'em to 7-Card Stud.
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Help Tax 2. What kind of licences does the casino have?
You are fully responsible for all taxes, fees and other costs incidental to and arising from winnings resulting from use of the Online Casino .
Ernst Ernst Guide Guide Tax There are two of particularly importance - a software licence and a jurisdiction licence. All online casinos use third-party gaming software, such as CryptoLogic, Boss Media and Microgaming - 3 of the best in the industry. In order to use this software, the casinos are required to sign long-term contracts that can cost many thousands of pounds, so you can be sure that these casino operators have long-term stable businesses. The most reputable online casinos also have a jurisdiction licence from where they operate, the most well known being Kahnawake in Canada. This means that the country of jurisdiction will be able to independently audit the payouts and ensure that the casino adheres to their strict rules.
Tax Return 3. What kind of security measures does the casino utilise?
Return Tax This is of critical importance. You will be providing the casino with personal and sensitive banking data, so you need to make sure that it is able to handle this information over a secure connection. 128-bit SSL encryption achieves this is and is impenetrable to a potential hacker.
Guide Guide Master Master Tax 4. How long has the casino been in operation?
Tax Preparation If the casino has been operating for 5 years or more, you can be reasonably sure that it is reputable.
- What type of payment and withdrawal methods does the casino employ?
Preparation Tax Some of the most common payment methods are NeTeller, FirePay, credit card and bank transfer. Make sure that the casino offers a payment method that satisfies you. Also of critical importance are the withdrawal methods available. What are they and how quickly can you receive your winnings? Are there any withdrawal charges? These are all critical questions.
Employer Tax Guide 6. What is the casino's privacy policy?
Tax Services Carefully read the privacy policy before handing over any personal or banking information including your e-mail address. You will want to make sure that the casino will not distribute any sensitive information to third parties. You most certainly do not want to get bombarded with spam.
Services Tax 7. What customer support options does the casino offer?
Master Tax Guide Customer support should be available 24:7:365 and be contactable by phone, fax, e-mail and live chat. This is a very good sign and it indicates honesty and a readiness to resolve any issues that may arise.
Tax Attorney 8. What type of starting or welcome bonus is on offer?
Attorney Tax Look for a casino that offers a good welcome bonus and does not have a high wagering requirement (the amount that you must gamble before being able to cash-out). There are three basic types of welcome bonus offered by the casinos: a fixed bonus - triggered by a predefined minimum deposited by you; a matching bonus - usually a percentage of the amount that you deposit up to a pre-defined maximum; and occasionally a no-deposit bonus - requiring no initial deposit by you.
Guide Law Tax 9. What type of loyalty programme does the casino operate?
Tax Accountant If you intend to gamble on a regular basis, then finding a casino that rewards regular play is important. Often termed VIP or Comp programmes, they can come in different guises. Read the details carefully and compare it to other casino loyalty programmes.
Accountant Tax 10. What type of playing guides does the casino have?
Circular Employer Tax Guide The best online casinos not only provide a systematic guide to help you get started playing at the casino but also provide comprehensive individual game guides that teach you the basics of the most common games. Read these guides carefully and make sure that they are helpful and understandable to you.
Income Tax
For a selection of recommended
UK online
casinos that meet these criteria and for comprehensive playing
guides and strategies, visit
www.casino-x-change.com
Us Master Tax Guide James Daniels, a professional gambler for over 20 years, is the editor of www.casino-x-change.com- a leading UK online casino gambling portal.
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