Online Gambling is a form of gambling that involves playing games from the comfort of your home or office. It is legal in many countries, including the United States. It is also easy to access and offers a variety of game options.
Online casinos are websites that allow you to play different types of casino games. They use RNG – random number generators – to determine the outcome of your wagers.
The online gambling industry is growing faster than ever before. Millions of people across the world engage in online gambling daily.
Almost all online casinos require the player to register with some type of personal information, such as an email address or Google account. Once they’ve completed their registration, they can start playing.
In addition to the main deposit and withdrawal methods, some regulated US gambling sites/apps offer players the option to deposit and withdraw in cryptocurrencies such as Bitcoin. However, this feature isn’t available in all states yet, so it’s important to check with your bank and casino about availability.
Fraud is a major concern for online gambling operators. The loss of revenue from fraudulent activity can be substantial, which is why operators need to follow good KYC (Know Your Customer) practice.
Having a risk-based fraud detection solution in place is the best way to keep online casinos within their legal perimeters. SEON helps compliance teams stay compliant by providing the tools they need to identify suspicious customers and stop them before they’ve had a chance to make a real money deposit.