Online casino sites are among the most safe and secure ecommerceplatforms in the world
Online casinos deploy a wide range of state-of- the-art technology and stringent procedures to protect the information of their players, as well as the financial transactions they make while depositing, wagering and withdrawing from their sites. To do this, online casinos incorporate the same safety measures used by banks and major financial institutions when providing Internet banking structures. Some of these measures include:
Casino Payment Security:The first method of protection is a valid Secure Sockets Layer (SSL) Certificate — you can find ways of obtaining one here. An SSL Certificate needs to be installed on your website via the browser. This will place a padlock on the webpage and activate the secure channel. When trying to identify whether a website is running on an SSL Certificate, the browser will show HTTPS instead of HTTP when browsing.
This is put in place to protect all the customers’ confidential information and more importantly, to secure the transaction when payments are made via your bank account or credit card. It is a method of encryption that safeguards and stores all the information on an independent server.
New Casino Software for Payments:Recently, 888casino.com has introduced another form of encryption called RSA. This form of technology is specifically targeted at companies who need to transfer an amount of confidential information over the Internet, which is seen as an insecure network. Online casinos are no different. Here is how it works:
What are RSA encryptions and how do they work?RSA encryption is also a protected cryptosystem, which is built on asymmetriccryptography. This means that the security has two components that are bothmathematically via a public and a private key. The public key may be shared with others but the private key needs to be protected.
The public key is to identify the transaction and the private key is normally to complete the transaction. Either of the keys can be used to encrypt the transaction and the other to decrypt it. Both combinations have a similar modulus that completes the algorithm, which is further protected by updated firewall systems.
Fraud, Risk and Licensing of Casinos:Further to the protection of sensitive data, online casinos need to ensure the outcome of games are random, fair and transparent. To do this, they make use of an RNG (Random Number Generator) to keep the casino games such as slot machines and table games as fair as possible.
Random Number Generators at work in casinosIt is a computer program that produces random results for every play or spin. Random number generators come in several forms. The RNGs used by online casinos are called Pseudo Number Generators; by only using algorithms and seed numbers they do not need any other physical data or numbers.
What is the function of an RNG?This is a very important function of an online casino, especially for games without a dealer. It is also used in land-based casinos, particularly on slot machines and virtual poker, blackjack and roulette.
For slots, the RNG selects random numbers every millisecond, generating a value between 0 and 4 billion which is then translated into a specific set of numbers to correspond to the symbols on the reels.
The outcome of the spin is determined by the number selected by the RNG, which is chosen when the player hits the “spin” or “bet” button. To reach this number, the RNG uses an algorithm — a formula for generating the numbers.
Licensing of Casinos:At the heart of online casino sector is licencing and regulation. In most territories, operators must obtain a licence from the regulator of the country in which they are active. In the UK, for example, the Great Britain Gambling Commission is responsible for ensuring online casinos are run to the highest possible standards.
The Commission was created under the Gambling Act of 2005, and has since built a formidable` reputation as one of the most trusted and stringent regulators in the market. Online casino that have been granted their seal of approval are safe, secure, fair and trustworthy. The Commission’s main function is to:
Function of the UK Gambling CommissionThey are to ensure that all dealings with casinos in gambling are fair and legal. They also protect vulnerable people from being exposed to gambling, such as children. The UK Gambling Commission issues licenses for each type of game that the casino might choose to have, including:
- Casino games
- Gaming Machines
- Betting
- Gaming software
- Lotteries
When combined, the above measures ensure that online casino sites are safe, secure, and not at risk of hacking and fraud. Licences sites are at the cutting edge of technology, and have powerful protocols, features and tools in place that allow their players to wager in highly controlled environment.