All forms of gambling is regulated in the UK. This includes virtual gambling and any reputable online casino such as 666casino.com will display the UK Gambling Commission logo on its homepage.
The Purpose Of The UK Gambling Commission
Gambling is regulated more now than ever before. Since the mid-1990s, online gambling has exploded in popularity thanks to the introduction of the internet into people’s homes.
The invention of the first-ever online casino was followed by the creation of video slots and the two burst onto the scene and made a huge impact. Anonymous gambling in the comfort of your own home proved a huge hit.
This attracted a new cliental and some were new to gambling altogether. In fact, people started gambling from a more diverse background and this included a large number of women.
With all these new consumers in place, and their game of choice being slots, the UK set up the Gambling Commission. This government body came into being in 2005 and its purpose still is to regulate arcades, betting, bingo, casinos, gaming machine providers, gambling software providers, lottery operators and all UK-based remote gambling.
Making Online Gambling Safer
With profits from online gambling approaching £4.7 billion and an estimated 9 million people across the UK gambling online, the Gambling Commission is continuously looking at ways to make gambling fairer and safer for consumers.
Before the body was set up, gambling was largely unregulated and this led to slots sites appearing and disappearing at will with punters money. This is no longer possible thanks to strict rules set in place by the UK Gambling Commission that has helped reduce the number of unscrupulous operators.
Now it is far harder for slot sites to obtain a UK gambling license. Slot operators must have safeguards in place to protect player funds and customer’s cash must be kept separate from casino funds. This prevents casinos using customer money for their own upkeep and should slot sites go bust, then they will still be able to pay players their winnings.
Furthermore, all slot games are regularly tested for their randomness of each spin. This is to ensure that results are fair and have not been fixed in any way to hugely favour the house.
Since slots went digital, it is impossible to discover a winning formula or fix the outcome of a spin, because every spin is randomly generated by an RNG. This is better known as the Random Number Generator that is basically a microchip that generates numbers all the time.
It’s these number sequences that generate the spins and therefore your luck is at the mercy of this generator creating winning or losing spin number sequences. The Gambling Commission constantly checks that this is the case at slot sites.
Slot sites must also publish the RTPs or Return To Players percentage of each game. These figures are constantly tested to see if the casino operator is upholding the percentages.
With age verification, proof of address and banking details all now added, it is safer than ever to indulge in some online slots action.
- 5 Ways to Stay Gluten-Free for Breakfast - November 26, 2020
- It Helps to Be a Good Writer If You Are Interested in These Career Paths - November 26, 2020
- How to Interpret The New Nutrition Facts Label of 2020 - November 26, 2020