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How to Tell a Reputable Online Casino Apart from a Scam

Whatever you choose to research before you part with your cash, there’s always a risk an online casino can disappear overnight.

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online casino
Any online casino that’s legit will respond within minutes.

While many of the online casinos out there look professional and as if they have invested plenty of time and money in getting their business model right, there are many looking to take your money and run. Most casinos don’t plan to go out of business, but they still do, which is why you need to be careful with who you deposit money with. Let’s have a look at some of the things you can take a look at before you part with your cash at any online casino

Regulated by the Gambling Commission

Depending on the country you reside in will determine what licences the online casino has. A typical online casino in the UK will need to be regulated by the Gambling Commission for a start, and that means they will have to prove they have the means to keep their operation legit. For example, responsible gambling features like deposit and stake limits are the basics they’ll need to provide their customers. Online casino platforms like Stakers are also regulated under the Malta Gaming Authority under several licences, and that is another mandatory rule for casinos operating in the UK. This is shown at the foot of their website – and you can check licences are legit with the various regulators out there, just so you’re sure it’s not just fake.

Online Casino
Keep checking out New Online Casino.

Excellent Deposit Bonuses

As a first-time customer, you should have instant access to first-time deposit bonuses when you first register for an account. Online casinos will want to give you a chance to test their platform to ensure it’s right for you and, those casinos that do not provide such bonuses are usually there to take your money the first time out. The most reputable casinos online will also provide regular bonuses to their most loyal customers, so that’s always worth having a look at.

A Website That Professional

Granted, anyone with web development experience can get a professional website online quickly. Even those with little to no design/programming experience can get a half decent website online within an hour with the use of online tools. However, anyone with a good eye for detail will be able to see whether a website was built in a day or if it has taken several months to develop. As stated above, there are online casinos out there that have heavily invested in professional website platforms but have scammed customers on several occasions. But, you will have a much better chance of not being out of pocket if you side with a casino who has invested plenty in perfecting their website.

Casinos, card games
We’re all very familiar with gambling websites and online casinos, where you can do anything from betting on sports events. Pixabay

Positive Online Reviews

You’re never going to find an online casino that has been established for years and has 100% positive reviews about their establishment. After all, customers do get angry and upset when they lose, so more often than not, they do leave bad reviews to make online casinos look bad. However, most of the time, you are going to have access to honest reviews. No online casino is perfect but, what’s important is that they are striving to perfect their business all the time. Online reviews on sites like trust pilot will give you a good idea about how they operate and what they are doing to improve business practices.

Live Casino Section

Many of the top online casino operations now have their own live casino section where you’ll be able to play against/with live operators. This is a good example of a professional online casino entity that has invested plenty of money to get their brand out there.

Recommendations from Friends & Family

Your best chance of getting a good online casino experience is to discuss with friends & family who have used them before. If, however, you are trying to be discreet about playing casinos online for whatever reason, there are several top casino forums online that are easy to find using Google. They can suggest some of the top and most reputable casinos out there.

Online casino
The promotion of a new brand and website is extremely difficult.

Payment Methods

Deposit and withdrawal methods are a good way to get an idea of how an online casino operates. If a business doesn’t provide the most popular e-wallet payment methods or doesn’t provide you with access to the traditional deposit methods, then they might be best avoided. It’s also a good idea to test an online casino with a small deposit using your favourite method, just so you can see how long the deposit/withdrawal process takes as a whole. Because if you do win a decent amount of profit, the last thing you’ll want to do is wait for weeks to get the money you’ve won fair and square.

Support Methods

Testing out the casino support is another good way to get an idea of how legit an online casino is. A reputable one will provide you with support methods like 24/7 email support, 24/7 live chat support, 24/7 phone support, and much more. If they don’t provide such methods then you could be waiting days or even weeks for a response to your technical issues. The best way of testing the support is to do it before you’re a customer, and once you’ve registered an account before you make your first deposit. Simply connect to live chat or give them a call to see how quickly they respond to your request. Any online casino that’s legit will respond within minutes, so you’re not waiting. Those online casinos trying to scam you will likely take hours or even days.

Also Read: 4 Gentle Online Games That Make You Smarter

In conclusion, whatever you choose to research before you part with your cash, there’s always a risk an online casino can disappear overnight. However, by looking at the above points before you register for an account, you’ll have a much better chance of avoiding those nasty online casinos that choose to scam people. Remember, if it seems too good to be true, it probably is and, if you have any suspicions before creating an account, don’t create one and look elsewhere for a good online casino experience.

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People are More Likely to Return a Lost Wallet if it Contains Money, Shows Study

Raising the financial stakes strengthens the effect

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wallets
Wallets like these, with cash, a key, a grocery list and business cards, were used to determine honesty. VOA

What would you do if you found a lost wallet? New research suggests that your answer may depend on what you find inside.

In 38 out of the 40 countries studied, people were more likely to return a lost wallet if it contained money. The finding, which goes against existing models of human behavior, could help policymakers find ways to encourage people to be more honest in social and business settings.

Economic models predict that people are more likely to be dishonest if there’s money on the line. Financial self-interest isn’t the only important factor, though. The new study suggests that it’s also important for people to see themselves as honest.

Self-interest versus self-image

In order to investigate how self-interest and self-image interact in the real world, a research team led by Alain Cohn of the University of Michigan used a classic moral dilemma: finding a lost wallet.

wallets, money
The average percentage of wallets returned jumped from 61 percent to 72 percent when the amount of money was increased. Pixabay

The researchers turned in 17,303 “lost wallets” to employees at public places like banks, theaters and post offices in 355 cities spread across 40 countries. The transparent plastic showcased the contents: business cards, a grocery list and a key. In addition to those personal items, some wallets contained money, $13.45 in local currency, adjusted for the country’s purchasing power, and others contained none.

The researchers tallied the number of wallets returned and investigated whether the people who received them were less likely to return them if they contained money, as expected.

“To our surprise, the answer is overwhelmingly no,” Cohn said in a teleconference.

Money made a difference

In nearly all of the countries studied, people were more likely to return a lost wallet that contained money than one that didn’t. Participants in Switzerland and Norway were most likely to reach out to the owner, and those in China and Morocco were least likely, but the trend persisted across the globe. On average, the return rate rose from 40 percent when the wallet didn’t contain money to 51 percent when it did.

Raising the financial stakes strengthens the effect.

In the U.S., U.K. and Poland, the researchers increased the amount of money from $13.45 to $94.15. With even more to gain from dishonesty, people were more likely to return the lost wallet. The average percentage of wallets returned jumped from 61 percent to 72 percent when the amount of money was increased.

wallets, money
Financial self-interest isn’t the only important factor. Pixabay

“While the results were initially surprising to us, we were not the only ones who did not anticipate this pattern,” Cohn said.

The researchers asked economists and non-economists to predict the outcome of the study. Both groups incorrectly predicted that the more money the wallet contained, the less likely the participants would be to return it.

Although the respondents believed that people were more likely to keep lost wallets that contained money, another group surveyed felt that the more money they found in a lost wallet, the more it would feel like stealing if they kept it.

“The evidence suggests that people tend to care about the welfare of others and they have an aversion to seeing themselves as a thief,” Cohn said.

Selfless tendencies

Do people think only of themselves when considering a dishonest act, or do they think of others as well? To test this, the researchers removed the keys from some of the wallets in the U.S., U.K. and Poland and found that the average return rate was 9.2 percent higher when the wallets contained a key.

Since the key is valuable to the wallet owner but not the wallet finder, an increase in the return rate for wallets with a key shows that people consider how others may be harmed by their dishonesty.

wallets, money
“The evidence suggests that people tend to care about the welfare of others and they have an aversion to seeing themselves as a thief,” Cohn said. Pixabay

While other studies have shown that people weigh the monetary rewards against the damage done to their self-image when acting dishonestly, this is the first field study to show that this is a global phenomenon.

“It’s so much work to run a study across so many national cultures and with so many observations. This is not an easy thing to pull off and to do it in such a controlled, really well-organized way, this is really something,” said Nina Mazar, a professor of marketing at Boston University who was not involved in the study.

ALSO READ: Earth Twins? Scientists Discover Two Planets that Could Support Life

In the case of a lost wallet, the right thing to do is clear. Most scenarios aren’t so obvious, though, and researcher Cohn suggests that a next step could be to study cases “where perhaps it’s less clear whether doing the wrong thing is actually being seen as wrong.”

The study underscores the importance of self-image concerns in decision making, and exploring the more nuanced situations can help researchers understand why people choose to act dishonestly, which can help policymakers encourage civic honesty around the world. (VOA)