There is a lot of money that is transferred daily between players and different non GamStop sites. With this in mind, it is important that we know that everything is going right and that there are no ugly fish out there who do not take care of our, the players’, money correctly.
We don’t want our money to go astray between our bank accounts and our gaming accounts. Equally important is that the games we choose to play on the gaming sites are not rigged or in any way set up not to pay out as much percentage to the players as they are marketed as.
Here we go through the guarantees we as players have when we register on a gaming site and play with real money.
The most important thing is that you play at casinos that have a British gaming license.
If you stick to these online casinos, you are protected and can play safely. These casinos follow strict rules and only offer games from game providers that have also been granted a British gaming license.
How Do Online Transactions Work?
Society today is relatively used to making transactions online and most of us pay something online every week. It can be the purchase of clothes, cinema tickets, plane tickets, etc.
When making a deposit to a betting company, only transaction methods are well known and there is no special system that only applies to betting companies.
It is still ordinary card deposits that are the most common method to gambling companies, and then you are protected by VISA or Mastercard’s security system and you identify yourself with a mobile ID or security box.
They are approved by the Financial Supervisory Authority and have a Payment Services Provider license. This is on top of the security you are already guaranteed by your own bank.
This encryption technology is called Verisign SSL. In other words, it is very safe to carry out transactions to and from gambling companies.
Can Non GamStop Casino Games Be Trusted?
As a player, you cannot influence how reliable casino games are. What you have to trust instead are the companies and gaming licenses that control the games and gaming companies.
Each slot machine has information that shows how much it pays back to players (RTP) and whether it pays out wins often or less often (volatility).
As long as you play at non GamStop casinos that have a British gaming license, you are 100% safe as these casinos only offer games from serious game manufacturers.
RTP
This is an abbreviation for Return to player and the betting companies usually print this as a percentage. It is common for a slot machine to have an RTP of 96% and this simply means that on average it pays back 96% to players.
If you play for €100 on this slot machine, you get back €96.
This percentage is calculated over billions of spins, so on individual days the percentage can be something completely different, but in the long run, an RTP of 96% should return 96 to the players out of 100 wagered.
Volatility
This is usually printed at the betting companies as low, medium or high volatility. Low means it pays out wins relatively often, but lower amounts.
High means the opposite that it doesn’t pay out profits as often, but that they are higher amounts when they do come.
You can generally say that you should play slot machines that give at least 96% RTP and have low volatility if you do not have a large gaming budget, but still wish to play as long as possible.
Starburst, for example, is a slot that often pays out lower winning amounts.
High volatility is mainly for those who are looking for a higher winning amount, but along the way are prepared to lose a higher amount. Bonanza from Big Time Gaming is a high variance slot not on Gamstop.
- A slot with a maximum win of fewer than 3,000 times the bet per spin is usually classified as a low-variance slot.
- Wins of around 5,000x the stake can be seen as medium to high variance slots.
- Slots that have a maximum win of around 10,000 are classified as slots with a very high variance.
RNG
This is an abbreviation of Random Number Generator, which is probably best translated as random number generator in British. This is something that is installed on all games from all serious game manufacturers.
It is a piece of hardware that randomly selects the number and output from each spin or game you make. As a player, it’s easy to get the feeling when playing that it should be this way because the last hour has been that way.
Since you have lost a lot in the last games, there should now be a win, or vice versa, since you have won a lot, you will soon start losing. So these feelings are not true because of this hardware.
The outcome of previous rounds has no meaning as the algorithms in the RNG produce random results before each new round. What ensures that these percentages are correct and that the games pay out what they promise is the gambling company’s license.
Conclusion
In the end, it is always up to each player if they want to make transactions with betting companies.
We can still say that for a gambling company to have the slightest chance of surviving on the market, it must meet high-security requirements from several organizations.
There are also heavy fines or exclusions if a gambling company makes the slightest mistake in relation to the license it holds.
There are few examples of gaming companies that do not have the highest level of security, but for us British players, it has become even more secure since the British gaming license was added.
The gambling companies we recommend are as safe as they can be today when it comes to online transactions.
As long as you stick to the gaming companies that have a British gaming license, you just have to start playing and hope you have the day when the algorithms are right.
