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Online casinos allow players to gamble throughout the Internet as well as in the comfort of what ever place they're in rather than traveling to wherever their favorite establishments are located. They may be also referred to as Internet casinos or virtual casinos as a result of this.

Much like their tangible "brick and mortar" counterparts, online casinos have ratings in the type of payback percentages and odds. A number of them even publish payout percentages on their own sites, vaunting higher payback and higher frequency than their competitors.

Payback percentage is defined as "is the overall percentage that a machine will return to the player in the long haul." This parameter can be programmed into whatever game the virtual casino might be running and is set based on the owner's specifications.

As a result of its very nature of being virtual and intangible, online casinos have trust problems with prospective and even regular clients. In light of this many casino owners have purchased and/or leased proprietary software created by reputable software entities like CryptoLogic Inc, Realtime Gaming, Microgaming, and Playtech. They then peg their online casino's trustworthiness with the programming companies' reputations as well as the stability of their random number generators.

Online casinos are classified into three types according to how players communicate with each other. They are:

Web-based online casinos - these kinds of virtual casinos do not require downloading files; they readily play through a wide variety of Internet browsers. Many of them require Flash or Java for a player to participate in games however. The good online slot thing about this kind of casino is the fact that sound clips and graphics needed for the game is streamed directly to the client over the Net. This dispenses the need to download relatively huge files.

Download-based online casinos - Taking part in this kind of casino involves downloading a client installer needed for players to access the virtual site. The benefit of this kind of casino is the fact that it generally runs considerably faster than Web-based ones. The disadvantage is that interested players need to download the client and the risk of installing malware from shady parties can be very much real.

Live-based casinos - In this particular sort of casino, players can hear, see, and connect to other players. The internet is simply relatively an unobtrusive medium of communication as players participate in a real life environment.

Online casinos may offer anyone or all of the following gambling pastimes: online poker, roulette, blackjack, baccarat, craps and online slot games.