Are Online Casinos and Sports books fair?
Online Casinos are more fair than many people realize. The “house” is happy making the normal profits of gambling. In many of the countries, the computer software must be submitted to the government for thorough checking of fairness toward the player, and the firm also has to be guaranteed by one of the big eight international accounting firms. In all cases with casino gambling the odds for single deck blackjack, for instance, are exactly the same with an Internet casino as with the real thing. The same is true for baccarat, roulette etc. As for the gaming machine type games (slots, video poker etc) the player payout percentages are determined by the casino, and many will post what the percentage of payout is online. The trend is also moving towards being much fairer online than in land based casinos. The reasons being that there are simple a lot less overheads with an online casino, so operating costs are not as high as land based casinos.