Auditors: Who keeps players safe when playing at online casinos?
As a player that is looking to place bets, it is important to make sure that sites take all steps to present fair games and a safe environment. By using third-party auditing companies, safe online casino sites are able to conduct audits of games that will ensure they all provide random results.
This creates a level playing field for all players. Whether you are playing slots or enjoying a game of roulette, you will have the same chances of winning as any other player placing a bet.
Casino auditors play a major role in ensuring the safety of players by making sure that casinos always have access to funds needed to provide payments. The auditors are also responsible for testing the RNG of every supported game and providing a list of verified payout percentages.
When you are choosing any online site, whether it is operating in the US or in another country, always choose those that have a certification of being audited by a respected company. This can include iTech Labs, Price Waterhouse Coopers, TST, eCOGRA, and others.
Testing the RNG of Games
When playing at an online casino, the random number generator is an important part of the software program being used by an operator. All casino games featured online will have random outcomes and these are determined by the RNG. This means that there are no patterns that can be detected by players, making games completely fair for all gamblers.
When a game is played, it will call upon the RNG to provide the end result. This cannot be altered in any way by the player. In order for an RNG to function properly, no pattern can be detected and there is no way for a casino to alter the results.
Verifying Payout Percentages
The most secure online casinos will make use of auditing companies that will test the RNG and verify all payouts percentages. These will then be published at the casino site so you can compare payouts and choose games that offer the best chances to win. The payout percentage of a casino game will reflect the average payout that can be won when placing a wager.
Part of the role of a casino auditor like eCOGRA or TST is to confirm all percentages and make sure they are published accurately. As part of the routine auditing process, the company will also make sure that all game payouts are in line with the industry norm and will take into account the house edge. Just like testing the RNG, performing verification of payout percentages will make sure that all games provided to players are fair.
Ensuring Safe Deposits
When playing for real money, it is important to make sure that all deposits and withdrawals are conducted securely and safely. Money that is deposited into a casino account will remain the property of the player until it is used to place a bet. When you lose money, it will then become the property of the casino.
Casinos are required to have available cash on hand to ensure that all payouts can be issued to players who request withdrawals. This means that casinos will have to use separate accounts to hold player funds and keep these apart from operating expenses.
Most licensing bodies will oversee the financial responsibilities and requirements of an online casino, but this can also be done by auditors. Regular checks can be performed by auditing companies to make sure that casinos always have funds available for players to receive their winnings.
Jenn is an iGaming content writer based in the U.S. She loves contributing content to leading sites in order to keep players informed on all iGaming news.
Read more about the author