Making Your First Withdrawal from an Online Casino Site

If you want to win money, then you’ve got to play with real money in casinos. While you can take advantage of £20 free no deposit casino from an online casino, still you’d need enough funds to fuel your spending.

While doing so, you’ll most probably be replenishing your budget by withdrawing your winnings. Making deposits to your account is a fairly straightforward procedure. But there are instances in which players raise questions on how they can make withdrawals. As for the withdrawal, online casinos incorporate an extra layer of security. Not because they don’t want you to get your money but because they want to make sure that none of your personal and sensitive information will be leaked.

Thus, it isn’t that strange for new payers to feel a bit confused when making their first withdrawal. Keep reading to learn more about this process.

Withdrawing Money from Your Online Casino Account

So, you’ve collected your first win! Naturally, you’d feel excited and thrilled about it and will make you think to cash it out. Good thing, withdrawing money from your account is a no-brainer while you can take advantage as well of instant withdrawals.

Here are the general steps to follow when making a withdrawal:

Step 1: Login to your online casino account.

Step 2. Head over to the Wallet or Casino section or its equivalent.

Step 3. Select the option for Withdrawal.

Step 4. Choose your preferred payment method. After that, you must fill in the information asked. Most of the time, online casinos will be requiring you to do the same procedure when making withdrawals and deposits – better to familiarize yourself.

Step 5. Type the amount you wish to withdraw.

Step 6. Confirm the operation and just wait to complete your request.

That is basically it! When you are done with all the steps, wait to see the money to be transferred to your bank account.

If in case you have further questions, feel free to contact the customer support team of the casino site you’re playing. Be aware though that different casino sites will have different withdrawal time. In some sites, you may be able to see the funds in your account fast, while in some not really.

How long it usually takes?

As mentioned, casino website’s processing time varies. While it is something that does not take that long, you have to wait for at least couple of days as it’s typically hard to withdraw from the casino in an instant. There are two reasons for this; one is the fact that casinos need enough time to process the request and two, they need to complete their verification for the withdrawal. But in most cases, the withdrawal should take place within two to three business days.

What to Remember when Playing in a Casino?

A definition of self-control is having the ability to act or function normally that is within a group or society while also controlling desires, behavior and emotions in face of external demands. A lot of people are able to effectively pull off this act, as if they have mastered it. But there are those who can’t and frequently ends up incarcerated or ostracized.

Inside a casino, whether online like in ufabet or in land-based casinos, self-control has the exact same meaning. Although, penalties for failure are frequently more serious and heavy. In fact, there are some who have clean slated their savings playing slots while others are turning to white-collar crimes similar to fraud in an effort to fuel their addiction. Now this isn’t normal behavior anymore because, this kind of attitude is what plaguing millions of casino players and enthusiasts and get a negative stigma to the general public.

Keeping Your Composure in the Casino

The next time that you walk inside the casino, it will be highly recommended if you are going to follow the tips and strategies discussed in this article. You may not be able to instantly apply them, but if you are really serious, you can do it one step at a time.

Understand the Rules

How you expect to win the game if you fail to understand its rules. There are casino offerings that are easy to understand than others. Thus, make sure that you do your research before you play in any casino game whether it is poker, blackjack, slots and whatnot.

This will literally save you from embarrassment while playing. Above everything else, it ensures that you are not committing costly mistakes that you will regret afterwards.

Don’t Drink Alcohol

Casinos are notorious for offering free alcohol to their players. And this is just another tactic that casinos use to make more money from players. The reason is that, drunk people are not able to think and decide at their best capacity. Remember this, casinos are not giving away complimentary drinks to make you happy, they are deliberately doing for you to make mistakes.

Take Breaks

Anyone who has been in a casino seems like they have not slept for days. Smart players on the other hand never put themselves in these kinds of situations. Your body will need sleep in order for it to act at its best and depriving yourself with sleep can result to mental errors which may eventually cost you a lot. So take a break and get back to the casino floor if you really want to.

The Effect Of Gambling Industry On Korea’s Economy

The gambling industry has been a source of debate for many decades. There has been a lot of legal gambling around, both from online gambling sites like Golden Lizard (메이저사이트) and traditional land-based gambling houses such as casinos. Quite a few people have experienced gambling addiction and sometimes ruined their lives.

On a positive note, the gambling industry has contributed so much in the economic sector, in terms of growth in domestic income and job creation. It also plays a huge role in the travel and entertainment industry, attracting many tourists around the world. In fact, Macau and Singapore are making the gambling industry a new driver of economic growth.

This raises the question – Is the gambling industry’s impact on Korea’s economy and the society positive or negative?

In an economic sense, if the benefits are huge then it is good. But if the costs are also huge then it can be bad. The problem, however, is that while the economic benefits had always been known to be good, there had been no real estimation of the costs. Therefore, there is no way of directly saying that gambling is good in an economic sense.

In this regard, a recent experimental study on the cost of gambling addiction has begun, and estimates of approximate but not sophisticated estimates of gambling costs have been published. Therefore, it is possible to judge concretely and quantitatively the effects of the gambling industry on our economy and society.

Huge socio-economic costs and rapid growth rates from gambling addiction

The positive impact of the gambling industry on our economy – convenience. Six gambling businesses are legally permitted in Korea. As of 2010, the total sales of these gambling industries have exceeded about 17 trillion won. Assuming that the positive effect of the gambling industry on other industries is assumed to be twice as large, it can be considered that the gambling industry brings about 34 trillion economic benefits.

The cost of the gambling industry. Most of the cost of gambling can be attributed to gambling addiction. In other words, in order to estimate the cost of gambling addiction, it is necessary to first look at the prevalence of Korean people falling into gambling addiction. Given that the prevalence of gambling addiction is measured at 1.9% to 3.3% when surveyed in the same way in foreign countries such as Canada, Australia and the UK, the prevalence of gambling addiction in Korea is considered to be quite high. In other words, the probability of Korean people falling into gambling addiction is two to three times higher than these countries.

Gambling Addiction in Korea vs. the Western Culture

In Korea, the cost of gambling addiction doesn’t only cause damage on the individual but is passed on to the family members. This is different from the cost of gambling addiction in western culture based on individualism. Therefore, the cost of gambling addiction is not only an economic problem (decline of income) but also a social problem (causes family discord, divorce, suicide, child abuse, domestic violence, and declining children’s education).

The cost of gambling addiction in 2009 is estimated at about 78 trillion won. This is an inflated estimate because there are cost items based on subjective responses from gambling related persons. It also includes many items that cannot be measured by financial costs such as suicide, domestic violence, and broken homes. There is also the possibility that the cost is lesser. In any case, it could be concluded that the cost is greater than the benefit in the gambling industry as a whole.

Conclusion

While Korea’s economy benefits from various gambling activities, it does have an impact on social welfare too. To answer the question, does the gambling industry in Korea have a negative or positive impact on the economy and the society as a whole? Based on the benefits and costs of the gambling industry (though studies lack data to prove it), the gambling industry has more costs based on the socio-economic impact of every individual who have experienced gambling addiction. Therefore, gambling industry has a negative impact on the economy as a whole.

Depositing Your Online Casino Account using Credit Cards

Are you planning to use your credit card in an effort to make a deposit to your Mega888 online casino account? There is actually a very straightforward process when depositing using your credit card. This is the exact same reason why so many people are using credit cards when playing in online casino sites. After choosing which among your cards to use, just click on the bank section of the site and then enter your details.

Everything’s Safe and Secured

These pieces of information will be encrypted and stored whenever you play at a reputable casino. There is no need to wait in line before you see the money in your account because it’s almost instantaneous after making the deposit.

Truth is, you can even use your credit card to withdraw your winnings. On the other hand, there are sites that are not allowing withdrawals to be made when using AMEX or MasterCard. Though, Visa is almost always available as an option for withdrawal. Usually, there are no fees that are attached to receiving money under this method and majority of the withdrawals take only for few days. The reason for this delay is due to the time needed by the gambling site to process your request. If you’ve deposited using AMEX or MasterCard and cannot withdraw under the same method, don’t worry as there are several ways for you to make a withdrawal.

What Credit Cards You could Use?

In relation to the credit cards that can be used and accepted by online gambling sites, the most popular options are:

  • AMEX
  • Visa and;
  • MasterCard

Among the three though, Visa leads the way for majority of the leading casinos are accepting it for making online payments. The same is true for MasterCard which is also among the trusted and renowned payment methods. AMEX on the other hand is not offered at several online casinos but, those who are planning to deposit using such credit card can still find a number of awesome casinos to play by doing a bit of research.

Alternatives

You have to take into account that there are some who can’t use their credit cards for transactions with their online casino account. This is because some countries restricted online gambling and card companies blocked payments to follow the rules implemented. If this is the case, you can use an alternative like Skrill, Neteller or any other e-wallet you trust!

When You are actually Trading and when You are Gambling?

Gambling like in 918kiss is described more of as staking something like cash on contingency. On the other hand, when trading is taken into consideration, gambling takes a whole different dynamic. There are actually a lot of traders who are gambling without actually knowing it. As we proceed on this short post, we will be looking at the untold methods to which gambling is creeping into trading practices and also, the stimulus that might be driving a person to trade and potentially, gamble in the first place.

Tendencies for Hidden Gambling

It is fairly common for a person to believe that they do not have any gambling tendencies and none of them will either admit happily to having them. Yet, uncovering the motives in every action we take helps us in changing the way we are making decisions now and tomorrow.

Social Proofing

There are some who might not even have interests in investing or trading in financial markets but, social pressures induce them to invest or trade anyway. This is more common when there are large group of people who are sharing the same opinion about investing in financial markets. People are feeling the pressure that they have to conform in their social circle, so they won’t be left out.

Making few trades to appease these social forces aren’t automatically considered gambling if people know what they’re doing. However, entering into the financial market and involving themselves in any financial transactions without having solid understanding of the investment they are making is considered gambling. These people are lacking of knowledge in an effort to exert control over their choices and probability.

When someone is involved in financial markets, there’s always a learning curve to be encountered which will be based on social proofing discussion. This may not or may be true as per the person themselves. How someone approaches the financial market determines whether he/she would be succeed in trading or stay to be a perpetual gambler.

Trading induced by Excitement

Even after losing a trade, it could stir a sense of satisfaction or power and strong emotions. This is true particularly when it is linked to social proofing. If everyone in the individual’s circle loses money in the financial market, then losing money on the trade will let that person be able to join the conversation and share their own inputs.

When someone is trading brought by social proofing reasons or excitement, it is very likely that they’re trading in gambling style instead of a tested and methodical way, which can be very dangerous in the long run.

Beating the House through Baccarat?

Anyone has the capability of beating the house by playing baccarat. There’s a catch though and it is the fact that you should be lucky to do it. Since there is no strategy or skill involved in this game, players purely based on their luck. Well aside from luck, you’ll need to have deep pockets as well since the minimums on every table may go north of 500 dollars. Again, this will depend on the table you will be sitting and casino you are playing at. This goes both in land-based and online casinos like Judi online.

Rules of the Game

Believe it or not, Baccarat is one of the most popular and yet, oldest games in the casino realm. It is otherwise called as Punto Banco, or a game of chance, comparing cards. 2 cards will be dealt to every hand for every coup from 4, 6 or 8 decks that are then shuffled together.

Every single card has corresponding point value with 10s, Jacks, Queens and Kings worth 0 while 2 to 9 are worth of their face value and Ace is equal to 1.

Highest hand value possible is 9. Assuming that the face value sums up to 2 digits, the right most digit of the sum is what’s used. So if you have 12, then you only have 2. If the banker and/or player gets an 8 or 9, then the coup is finished and a tie or winner is declared. Otherwise, drawing rules will be applied and a third card could be dealt.

Playing at the Baccarat Table

When it comes to the Baccarat table, it could be any of the following:

  • Midi
  • Mini or
  • Big

When it comes to Big Tables, it’s played in snooty rop-off area normally by high roller players. Mini tables on the other hand are usually found in main casino areas, which follow the same rules. Thing is, the game is a lot faster for the dealer is turning all the cards over. Then there is the Midi table, which follows the same concept except for the fact that the table is bigger and it is normally away in high-limit rooms.

Among the preferred way that people are trying to do in beating the house is by cheating the collusion with dealers or croupiers. In 2003 actually, a croupier at Crown Casino in Melbourne faced jail time for shuffling her hand in a way that will allow a high roller bag home 1.4 million dollars.

3 Giants in Online Casino Fund Transfers

In the world of online casino transactions, funding the account using e-Wallets is extremely popular. One of its major selling points is that, being a user, you can simply store your card information digitally. Thus, you can have access to it conveniently and securely. With this said, if you have several cards, you can save the card information via digital banking method and utilize the data of respective card you prefer to use after selecting the e-wallet you are using as payment option.

Commonly Used e-Wallets for Online Casino Transactions

There are different types of e-Wallets just so you know. These include PayPal, Skrill and Neteller among others. Let us take a quick look on how each differ from the rest.

PayPal

This is perhaps the most popular e-Wallet worldwide. PayPal was able to keep its client base loyal to them for years. It has gained the trust of Europeans, North Americans and other customers all over the globe. The payment method was then bought by the biggest online marketplace in 2002, eBay. This has then made the company dubbed as the preferred payment option online.

Neteller

Neteller emerged to be the most successful and effective start-up payment channel. Neteller has been associated in the gambling world for a long time such as poker rooms and sports book. Back in 2005, the company has actually processed over 80 percent of gambling cash transactions and this led the company to pay over 300 million dollars in fees to be able to free themselves from troubles with US Department of Justice.

Since then however, the company made a decision to migrate to British Isles and then, diversified. It even sought partnership with MasterCard on prepaid cards. Even though the company isn’t raking that much these days, it retained its presence to being one of the biggest and most used payment options over the internet.

Skrill

This is previously known as Moneybookers that were founded in 2001. Skrill has emerged as the biggest rival of Neteller when it comes to online payment service. The company is then regulated by FSA or Financial Services Authority of the UK. Hence, it is among the secure and trusted electronic payment services that you will encounter. As the years go by, global payment service bought out several European Competitors. If you are thinking of a payment option to use, Skrill is by far the most convenient and popular methods available.

If you check this link alternatif Sbobet, you will definitely find these payment options in transferring money from your bank account to your online casino account.