Who doesn’t love a casino myth? The gambling centers of Monte Carlo, Las Vegas, and Macau are full of them. One myth made famous by mafia tale writer Mario Puzo in his book “Fools Die” involves casinos pumping oxygen into their gaming rooms to keep the patrons awake, and therefore making more money off them.
To the rational person, it’s nonsense, but might a casino try it, if they knew they could get away with it? Then there’s the common myth that if a number comes up in roulette, it won’t come up again. Any schoolchild should be able to tell you that this is true and false. There’s a 1 in 35 chance it will come up again, and a 1 in 35 chance that it won’t.
Many players of roulette try the sleeping number tactic. This is the variant of the lightning not striking twice scenario described above. They think that if a number hasn’t been the recipient of the silver ball, then it’s high time it is. They keep records of the outcome of each spin until one number is left to win, and they stick a small fortune on it. Again, the odds of it winning are the same whether they carried out this tactic or not.
Casinos are packed with these superstitions and no amount of logic is likely to win the ardent gamblers away from their precious delusions. Casinos would probably do well offering lucky charms to their patrons to squeeze and rub as the ball spins around the roulette wheel.
Then, of course, there’s Lady Luck herself. How often do you hear someone say it’s not their lucky night? However, psychology also plays a part in the whole gambling experience. There’s little doubt that a player who’s up for the night, on a “lucky streak” is likely to play better, and make more correct decisions with their betting than one who’s down on his luck, who is more likely to play recklessly and end up an even bigger loser.
The Internet makes things accessible to people from all around the world, from their home computer. For this reason, online gambling and the law has become a touchy issue. For example, how do you know if an online casino is licensed and legal? How can you rule out gambling in a country when the Internet is internationally accessible? How can I be charged over my own private activities? The list of questions goes on and on, but don’t let this dispirit you – we’ve simplified everything you need to know about the legalities of online gambling in one simple page.
Basically, it all boils down to payment methods, because the way online gambling is regulated is via the transactions players make when wagering. The new laws passed in the US in 2006 prohibiting online gambling didn’t actually prohibit someone sitting down at their computer and entering an online casino – this would be an invasion of privacy and too hard to regulate. Rather, the use of various forms of payment methods was banned, making real money wagering inaccessible for US residents. The company or place in which the transaction occurs is regarded as the place in which online gambling occurs. So if half your deposit occurs in your country, for example via your bank, your actions can be monitored. Therefore, if online gambling is illegal in your country of residence, always make sure that the payment method you choose doesn’t involve such steps.
Although we’ve already touched on this in picking a casino, an online casino is considered legal if it is both licensed by a legal jurisdiction and based in a country in which online gambling is allowed. Some casinos do not accept players from countries in which online gambling is prohibited, in order to avoid legal troubles. The best way to know what’s legal for you is to:
- a) Check with your own country’s and state’s laws first
- b) Read the terms and conditions section of the online casino, and any other legal documents they have published online
- c) Read about any given online casino before using it, in order to see where it’s based, from where it received its license, and its level of reputability.
Online gambling is legal in Germany, Sweden, South America, the UK, most of Asia, Eastern Europe, Mexico, New Zealand, South Africa, most of the Caribbean, and most of Latin America.
Internet gambling is prohibited in the United States and Hong Kong. It should be noted that the Internet gambling prohibitions in Australia rule out only those sites established after the passing of the law. Therefore gambling at the single Australian site founded beforehand is allowed
Information is, has, and always will be, priceless. It is the most sought after commodity in the world and some people will do anything to get it. With that in mind, it is understandable that online gamblers should take a serious interest in what steps their casino is taking to protect their private financial data.
One form of data protection is called encryption. The most commonly used type is called SSL (Secure Socket Layer) 128-bit encryption. What exactly does this mean and how does it work?
-SSL encryption creates a ‘key’ that is shared by both users who are taking part in a secure transaction
-Anyone intercepting the transaction will only be able to see gibberish, as they don’t have the key
-The key only lasts as long as you are in the same ‘session’, meaning that if you leave the website, the key is discarded automatically and becomes useless
-Unique keys are created every time you make a deposit at the casino, or receive money in return
The 128-bit part of the jargon defines the size of the key, meaning exactly how hard it would be to crack the key using brute force. It’s hard to explain just how gigantic a 128-bit encryption key is, but we’ll try nonetheless.
The general estimate of the number of different combinations available for a 128-bit key is somewhere in the area of 340 trillion trillion trillion. That means a number with 38 zeros attached to the end of it.
Simply speaking, anyone who wants to try cracking a 128-bit key is out of their mind, and will probably expire before ever coming close to finding the correct combination.