How to Choose the Right Online Casino in 2021: Tips

The coronavirus pandemic has hit land-based casinos significantly, increasing demand for mobile games and online gambling. In 2020 alone, the European online gambling market grew by 10.2%, reaching $30.92 billion.

Why online casinos have become so popular in Europe and the world, and how players from other countries choose the best deals on the online casino market, please, continue reading the article.

Online casinos in 2021: recommendations on how to choose

As soon as fans of online poker, blackjack, roulette, and other casino games popular in land-based casinos start looking for something similar on the Internet, they face a wide range of different options, and it’s not easy to find trusted, legal, and fair gambling site.

Due to COVID-19, many gambling regulators in countries where it is legal have begun to actively consider the possibility of legalizing online gambling, taking into account the latest trends. Make sure that in many countries the Internet gambling market has long been allowed, in some, it was legalized recently, in others they are only considering this possibility of opening it.

For example, at the end of last year, Germany has adopted new legislation, in other words, a set of gambling norms, allowing legally operate the online gambling sites. Thereby, offering high RTP slot machines, a wide variety of poker, and sports betting.

When choosing an online casino, players can focus on the following indicators:

1. Games

Large selection of games. Something that often gives a particular online casino an advantage over land-based casinos and/or direct competitors. It is usually important for gamblers that the casino features classic games and fresh developments.

2. Movile application

Convenient mobile application. Nowadays, people access the Internet from their smartphones rather than their desktops. Therefore, when looking for a particular online casino, you should evaluate its mobile application. Check out for the convenience of the interface of the casino site, or application. In addition, look for the speed and stability of applications, etc. If the application is poorly optimized, players usually quickly forget about such places and start looking for new ones.

3. Taxes

Taxes and payments on winnings. Before starting to play at online casinos, remember that there are taxes on winnings. Of course, we are talking about those countries where online casinos are allowed. For example, New Zealand players do not have to pay taxes, since they legally play on offshore sites. Always look at the casino policies. It should be remembered that, in addition to the government that imposes a tax on winnings at online casinos, some operators may also hold a fee for certain types of withdrawals. Usually, players do not pay attention to such aspects and often surprised when they are told to pay the tax or commission.

4. Payments

It is also worth remembering that online casinos work with certain payment systems. And it is not always possible to use the casino bonus through the wallet that is convenient for the player. Take this into account.

5. Bonuses

Moreover, no deposit bonuses at online casinos are one of the most attractive offers. Although bonuses for registration do not bring a lot of money, the player can get $10–$50.

Usually, there are two types of bonuses for registration. The first is for making a slot more interesting, the players can get free spins. The second type gives a small amount that you can spend playing certain slot machines.

Why online casinos are popular in Europe

The capital of casinos in Europe is the Principality of Monaco. The ban on casinos in Monte Carlo was lifted back in the 19th century. In other European countries, casinos have also been popular for a long time. With the development of information technology and the Internet, and now also thanks to COVID-19, the demand for online entertainment, including mobile games and online casinos, is rapidly growing in the West. Top 10 Online Casinos in the world.

It’s worth mentioning that the massive boom in the popularity of online casinos in Europe started in 2018. This became clear from the revenues of online casinos, which amounted to €22.2 million, 23.2% of the total European gambling market.

Since then, the online casino industry has even created its own customer base of players from different countries such as Germany, Switzerland, the UK, and others.

Considering the long history of the gambling business on legal terms, gamblers associate Europe primarily with reliability. In this context, advertising of online casinos and gambling, in general, deserves special attention.

During the pandemic, for example, European associations tightened control over online gambling sites. The European Gaming and Betting Association (EGBA) Code provides specific controls on gambling advertising.

Of course, it should be understood that European online casino operators have the opportunity to develop their business legally, protecting the players.

Popularity indicators

The following factors have contributed to the overall popularity of online casinos in Europe:

Strong laws and assurances from governments that they will be followed.
Support from the regulator and various associations.
The regulator’s control over operators who comply with the rules of responsible gaming and data protection.
Mobile games are driving the popularity of online casinos.
Integration of social networks into mobile games.

As a result, according to Fortune Business Insights, the online gambling market in Europe increased by 10.2% in 2020 compared to 2019, to $30.92 billion, despite the coronavirus crisis.

How to choose the best deals on the gambling market in Europe and the world?

Let’s consider a number of important criteria of a casino:

Rules of the game.
User reviews.
Technical support.
Ways of payment.
The duration of the withdrawal of funds.
Software license.
Operator and brand reliability.
Reputation.

It becomes much easier to choose one or another online casino after looking at these criteria.

Pay special attention to the license of the online casino operator. License by a reliable gambling authority is the highest guarantee of the reliability of a casino.

If the casino operates legally, then its players can be sure that the site provides officially authorized content. In addition, legal operators handle the safety and security of their customers’ personal data by implementing encryption technologies.

Everyone can easily find information on the availability of a license in the site’s footer or via technical support. Moreover, you can visit the official site of the regulator and find the casino in the list of licensed casinos. If the casino does not provide a license, it is better to refuse the services of such a place and turn to the services of a licensed operator.

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FAQ

Does online casino really work?

The answer to this question depends on your objective. If you want to play just for fun, yes, it works. You can deposit, play, sometimes get payouts back from the casino. Though I doubt that this is what you really wish for. For the reason that people usually come to online casinos to win some extra money (as if they didn’t enjoy the salary), it often works for them too. But it always happens that online casinos are in a better position.

How can online casino work for you?

No matter how much or little you play, deposit or bet at a single game, casino will win over you. Or another player, or another one. It depends on when you stop. No one clearly understands it, and even if so, doesn’t follow this recommendation. Online casinos say to play responsibly but gamblers keep spinning. And this is their biggest mistake.

The only way to beat the casino

The thing is that you can be the winner only when you stop at the right time during the game. Once you win a good amount, make a couple of spins and go out if there are no successful ones anymore. Only this way is possible to beat the casino and make it work for you.

Thus and only you will see how the online casino really works in terms of bringing profit. But don’t get too fascinated about it. Still, the casino needs to make profit for itself too. So, if you lose all the money on slots, you just lose and never get them back.

Choose the trusted casino

Besides, remember to test the casino for trustworthiness before you deposit. It’s actually a very significant move if you wish online casinos were fair and really paid you out. The info on how to distinguish the ‘right’ casino is on our website. Check it out and follow the recommendations.

How do online casino bonuses work?

The bonuses are what you see first when you visit a casino site. This is exactly what they are made for. Online casinos have to attract customers in order to get the profit. It’s an obvious business scheme. However, the offerings are not so bright and shiny as they seem.

The typical welcome bonus work

As a rule, the first bonus is the most attractive. Let’s assume it implies giving you a 100% deposit and a number of free spins, say 20. However, these spins are not actually free as you make a deposit first.

All in all, you have to understand how the process is going. So, you deposit the first minimum sum. The bonus gives you 100% of your bonus up. It means your balance is double. For example, you deposited $20 and got $40 in the end. Additionally 20 extra spins for a particular game.

Then you have to meet the wagering requirements. Hopefully, you have read them all preliminary. The idea of the terms is that you won’t be able to withdraw the money until you play your bonus through. That means your 20 extra spins and the rewarded $20.

It’s advisable to set the smallest bet during the bonus rounds because you don’t really notice at which moment your balance is not sufficient anymore. It may occur even before you’ve met the requirements. For example, you haven’t spun the 20 rounds, but you have already run out of your budget. So, in order to withdraw, you need to deposit again and play until you complete the requirements.

Final thoughts

There are other types of promotions, of course. Most of them include the rewards in the form of cash, spins or points. Rewards system is unique in every online casino. Consequently, each casino has individual bonus T&Cs. That is why it’s highly recommended to read the terms. The requirements can be really excessive that you can even regret that you’ve used the bonus. To tell the truth, the experienced players don’t use bonuses at all, and don’t advise it. They know the consequences based on their own experience.

How much money do online casinos make?

Before we actually estimate the total revenue of online casinos, I would like to mention that no one can provide the real amount of money earned by casinos per month or per year. Besides, it depends on the casino reputation and popularity. Fair and customer-oriented online casinos probably make more money compared to the income of the small, less popular gambling sites.

Online casinos have expenses too

Like any other business, companies working in the online gambling industry have to buy services, pay ‘for rent’ and other fees. The highest expense of online casinos is game software providers. A well-reputed casino has at least three partnered softwares, each of them costs about $11,000 a month. In addition, they all take charges from the games when players use it. The monthly charge is about 15% per game.

Apart from the providers, online casinos need to pay for marketing and affiliate programs. It’s again estimated about $12,000 a month. Add to this other payments for hosting, security services, salary to the team and additional expenses. Totally it equals to approximately $25,000 – $30,000 a month.

Yearly revenue of online casinos

Let’s take an average revenue amount of the online gambling industry a year. It’s around $50 billion a year. Thus, about $4 billion each month. It would be simple just to divide the sum by the number of operating online casinos, which is about 4,000 online casinos on the whole Internet. We consider small and big popular casino sites.

Dividing it all, we get $1 million per casino. But as I’ve already mentioned, not every casino works at the fullest. So, there must be about 20% online casinos that make a real profit worth approximately a million dollars.

Presumably, an online casino makes $1,000,000 a month. This sum covers the fixed expenses of $30,000 and payout to players, let’s say it’s $150,000 a month. Saying again, I’m not sure which sums are correct. Anyway, online casinos result in about $800,000 a month, which is approximately $10 million a year.