Just like any brick and mortar traditional casino, online casinos must be licensed within a jurisdiction to offer gambling services. There are many countries that have a licensing process. The most common ones in today's online casino environment are from Costa Rica, Curacao, Gibraltar, Isle of Man, Malta. But also the Canadian Kahnawake Gaming Commission.
The licensing process involves many steps to protect you and your account. It includes background checks on the company's directors, financial checks to ensure adequate reserves, software audits to ensure the offered games are fair, and routine ongoing inspections of financial activity to ensure legitimacy. The first thing you should do when reviewing a new online casino, is confirm that they have an active license from a reputable jurisdiction.
Your online casino account is the most important part of your online safety while gaming. Ensure you protect yourself by not using a password that you use on other sites or for other applications. If a casino or web site is compromised, you do not want a hacker to have the password you use for other casinos. Change your password routinely, and do not share your password with others.
Reputable online casinos should offer you multiple ways to complete cash transactions. Cashing in through a reputable third party payment processor ensures your credit card and banking information is safe and secure. Consider popular companies like Neteller, Moneybookers, or InstaDebit. If you are concerned about any of the payment providers, simply contact them and ask if they've had any issues with the casino you want to deal with. Cashing out should be simple and straightforward. Be wary of casinos that have high minimum cash out values or whom only have limited cash out options.
How long has the online casino been in business? Try to play at casinos that have a long standing history and positive customer reviews. You may also want to check to see what company owns the casino. All reputable casinos are owned by reputable companies that have public contact information. Avoid casinos that do not disclose their company contact information, or those that do not have a clear customer service contact.
If you feel uncomfortable at any points with your online casino experience, take your business to another casino that makes you feel comfortable. After all, online gaming should be about having fun! If you ensure that your online casino follows these safety precautions, you will never have to worry about cashing out that next jackpot win!