Auditing Online Casino: How eCOGRA Works
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Posted On :
Jul-11-2011
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Article Word Count :
557
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In the most trusted online casinos, they are bragging for their games audited independently with a best third-party auditing organizations to certify the safety and fairness of the game.
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In the most trusted online casinos, they are bragging for their games audited independently with a best third-party auditing organizations to certify the safety and fairness of the game. Auditing is one of the most important requirement that carries out by different licensing authorities and also done to point out all the players at their site is safe, secured, fair and even legal.
One of the most popular auditing firms is the eCOGRA (e-Commerce Online Gambling Regulation and Assurance) – a non-profit organization which is designed in 2002 for regulating all online casino sites. They audit reports that are accessible to the public. If you are just new to the online gambling world, you should consider looking for this seal of approval when choosing the best online casino.
There are 3 types of certificates that a certain casino site could earn from eCOGRA. First, the certificate shows that the operator's games are fair, and that the business is responsible and safe. Second is the certificate is related to the casino's random number generator (RNG) and showss the fairness of the RNG used in casino games like blackjack, slots, roulette, and video poker.
The eCOGRA analyzes casinos' RNGs over a six-month period to ensure that the numbers are indeed random and game outcomes are unbiased. They also created a “Percent Payout Review” where they can tells you the average payout percentage in each online casino game. ECOGRA ensures that they post some regular updates every month.
So, will you understand the numbers on reports like in eCOGRA's Percent Payout Review? Its easy, once you find that a particular online casino in a specific month had an average percentage payout of 95.66%, meaning, for ever $100 bet in the games category you're looking at, the onlline casino kept $4.34. You can see it with some games that the payout percentages are higher.
In games like poker, strategy and skill play a part in the outcome, whereas for slots, winning is based on luck. So if you're a new poker player and are excited to see a poker average payout of over 99%, keep in mind that there may be some very skilled players accounting for that high percentage payout.
eCOGRA was not the only independent auditor, however. Other independent online gaming auditors such as Technical Systems Testing (TST), BMM International, Gaming Associates (Australia), Price Waterhouse Coopers (PWC), and Certified Fair Gambling (CFG).
The backbone of online gambling is the software that runs the casino games. The software is what determines if the games are fair, and playing in a top online casinos where the software has fairness certifications is a great first step in ensuring that you're treated fairly when you play online.
If the software is deemed and certified to be fair, then the next step to assure yourself that you're playing at a reputable casino online is to check the monthly payout percentage audits and ensure they're being done by a reputable, independent auditor.
In today's industry, online casinos are soaring high and most of them want to play by the rules and treat their customers fairly, because they want loyal players. They also know that if they are treating players unfairly and they could be out of business in a hurry.
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Article Source :
http://www.articleseen.com/Article_Auditing Online Casino: How eCOGRA Works_65989.aspx
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Author Resource :
Reese Wilkinson is a writer of the most trusted online casino guides and reviews; OnlineCasinoLead.com that offers the latest gambling news, casino gaming strategies, top casinos such as in USA casinos and UK casinos and other gambling information. Also find the best of all the top notch free casino games including slots, roulette, blackjack and poker.
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Keywords :
online casino, eCOGRA, auditing firms, third-party auditing organizations,
Category :
Recreation and Sports
:
Gambling and Casinos
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