With the online casino industry estimated to be worth more than $70 billion – with a projected CAGR of 11.7% – it’s clear that more users than ever will be joining the iGaming ecosystem in 2024. But if you’re looking to use online casino platforms, how exactly do you know which to choose?
According to a recent study, there are around 2,000 online casinos worldwide, which is a 6.3% increase from last year. That makes it a little difficult to narrow things down! So to help you out, we’ve listed the 3 most important things you should be looking for, working to prioritise your safety, security, and overall casino experience!
RTP and Payout Percentages
The first thing you should do when you’re trying to find the right online casino is check the RTPs. Simply put, these are a measurement of how much a player can expect to win on average. So if a game has a 90% payout, then that means the player can expect to payout $90 per $100 wagered on average.
This doesn’t necessarily mean the payout will be indicative of everyone – a payout percentage is measured over time, and it is an ‘average’ overlook, meaning it might not be directly indicative of your own experience.
That being said, it’s a great way to know which casinos offer the most appealing payouts and then narrow your choice down for those ones specifically. To get a clear overview of high-payout casinos in the USA, this list on Techopedia.com examines the top 10 right now.
License and Regulation
Once you have a handful of casinos with a good RTP, it’s time to look into their licensing and regulation. Before you jump into any casino, it’s critical that you know they are working under a valid license – and from a reputable authority, such as the Malta Gaming Authority – and they are fully regulated to follow industry standards and protect players.
You should also be going for casinos that prioritise player safety. This means that they employ advanced security measures, firewalls, and anti-fraud systems, and they work to protect your financial details with SSL encryption.
It’s no secret that cybersecurity is going to be essential in 2024 – in 2023 alone, the average cost of cybercrime was estimated to be over $7 trillion – so you should be picking a casino that does its bit to ensure users are defended.
User Experience and Convenience
Lastly, you should look at finding a casino that works for you. That means exploring their UI, trying out a few games, checking out customer support, reading reviews, and comparing the experience on all your smart devices. One of the reasons so many have fallen in love with the online casino experience is because it’s easy, accessible, and convenient. If, however, you struggle to work past their UI, or it takes a long time to find your perfect game, then you know that casino is probably not the best in the market.
You should also include payment options in this. While multiple payment options are a good thing for player security, they’re also useful from a convenience point of view. The faster you can make deposits or withdraw money, the faster you can get to your favorite games and actually do what you set out to do! Make sure to have a good look around, spend some time with the best casinos, and then make your decision based on that experience!