With a recent survey by the National Association of State Bank Supervisors (NASB) and a group of independent financial planners, it was discovered that live-dealer games are only offered at certain gambling sites.
These online casino gambling games include slots, video poker, blackjack, baccarat, roulette, and all other live dealer games. Casinos themselves have no plans to offer live-dealer games anytime shortly.
Live Dealer Games
Why? One of the main reasons is that live-dealer games are considered by many as an illegal form of gambling. The world of online casinos and internet gaming is constantly being threatened with shutdowns due to new federal government regulations. Other types of gambling including live bowling and live poker are also banned in certain states.
With these recent changes and threats, live-dealer games are not viable options for online casinos and virtual casinos. To protect their live-dealer games from closure and government enforcement action, most online casinos now refuse to accept payment from any credit card that uses an active magnetic stripe, like those used in credit cards and PayPal.
It is still possible to play live dealer games at some gambling sites, but the situation is not very favorable for players or gaming outlets. The online casinos that allow players to play live poker or blackjack need to have a special license from the government to do so.
Any company that offers services that require payments in this manner need to be fully regulated by state gambling commissions. Online casinos that offer any form of gambling, including live-dealer games, must follow strict laws that were enacted by local municipalities.
Each jurisdiction in the U.S. has different laws regarding gambling, but they are all extremely hostile to any form of gambling before they were passed.
A good example of a site that does not make such payments is the Silk Route Casino. While it is operated within the state of New York, the fees required for playing on its site and at its tables are decidedly not “tummy money”, as they would be described in words.
Legitimate Online Casinos
Provide live gaming are generally regulated by state gambling commissions. You can check the websites of these bodies or go directly to the commissions’ websites and ask about licensing and certification.
The Internet Casino Legal declaration from the World Wide Web Casino Association (WGA) is a good source of information about which sites are considered to be legal and which ones are not.
Websites of gaming organizations are particularly useful because they give a more comprehensive overview of their respective members’ regulatory status.
This includes the status of the organization’s registration with the government as well as whether the organization meets the minimum standards set by the government to prevent fraud.
If you have no experience in online gaming, you may be wondering whether sites that accept bitcoins are legal. Legally speaking, your judgment should depend upon your research as well as the status of the site you are visiting.
For instance, if a website is licensed to operate in the region where you live, then you can be confident that it will be legitimate. On the other hand, if you find out that the gaming site is only accessible to people living in the United Kingdom and Sweden, then you should question whether you should use the service.
Accept Bitcoins as Payment
Before you decide to accept bitcoins as payment for live-dealer games on a website, you should make sure that the site is not a scam. Some sites ask you to sign up with a credit card while others require you to download software before you can start playing.
Make sure that there are no hidden charges or fees because these may lead to further losses. Legitimate gambling sites will not ask you to pay money for the service in advance or make you download software.
When you consider casinos that accept bitcoins, you should find out whether they allow you to play on multiple platforms. Many sites allow you to play on their gambling platform using different currencies. Hence, you must check the website to determine which gaming currency they accept.
The most popular are the US dollar, the British pound, the Euro, and the Australian dollar. These sites usually have an online casino section where you can bet on live-dealer games or place your bets on a variety of poker games.