The advancement in technology has allowed for online gaming, which has lead to an economical growth in online gaming. Companies which are investing millions of dollars to provide online gaming have made it clear that they would be able to provide high quality products at reasonable prices. The competition has lead to great innovation in terms of technology applied to online gaming. Companies are spending millions of dollars on research and development in order to provide the most realistic experience to their customers.
The primary aim of any slot machinearded by the name of “random number generator” (RNG) is to provide the end user with a consistent nice payout which would not vary too much despite the force of randomness applied to the formula. In fact, each online slot machine implementation (deposit 20 bonus 20) has in built randomness for the sake of functionality. A slight variation in the payout which is determined by the frequency of spins is set at about 30 clicks per hour. This provides the end user with a nice payout and demonstrates that the company is confident in their implementation of the gaming product.
Not surprisingly, given the sensitive information and monetary transactions required for gambling, there is a stringent control over the gaming parameters. Information obtained about a particular player is subject to verification, including Possibility of Making Cash withdrawals, Casinos Online Accepting US Wagers,osit and Withdraw Methods, Rewards Points, Deposit Tips and Services, Instant Casinos, etc.
A truthful online gaming industry would have the kind of controls and security in place that would allow honest online casinos to perform their business without fear of the law or government interference. It is reasonable to assume that in the event that gaming software becomes statistically improbable or occasions gaming risk factors, the market will move towards other methods. Moreover, with the huge amount of money involved in online gambling, accounting for the cost of regulation and/or criminal or regulatory actions would be extremely costly for the industry.
The competitive landscape online gambling faces is highlighted by the leaks of PleaseMoney, a highly popular bank-like video game which was acquired by Anroot Technologies Ltd. Earlier in 2006, the company, based in the UK, faced difficulties in funding their operations from the United Kingdom and was dependent on deposits from users from the US and the European countries. An Emmanuel Newman Ltd developed a database management system which took into account the factors faced by online casinos, including users, costs, deposits, profit/loss statements, geographical areas of operation, IT issues, risk appetite and audience trends. PleaseMoney was able to release an early version of their database to the public in the hope that it would provide an operating platform for evaluation of the costs and potential profits of online gaming. An Rooted Equity Ltd published a white paper in November of 2006, “Playing Video Slots on a Challenges Field”. The paper highlighted the profit and loss trends of online casino based on the reviews of 80 online slots from the three biggest casino software providers. The information provided was based on An Rooted Equity Ltd’s slot source rectangle analysis, where An Rooted Equity Games LLC’s senior analyst would review “what is good, what is bad, and what falls in the middle”. The online gaming industry was obviously very hesitant to embrace the new technology, given the very low margins that An Rooted Equity Games LLC was able to pull off with their calculations.
In May of 2007, the one billion dollar question, the United Kingdom’s National Lottery, launched its new subsidiary Lotto South. What made the decision to launch the new Lotto South odd? Was it the potential goldmine that British lottery generate or were they waiting for the revolution that online would bring?
While the National Lottery’s main goal was to raise funds for cash for good causes, the Lotto South was created to specifically target the under served and often forgotten blind and severely poor population. Because of the way the Lotto South tickets work, many more people will have access to winning tickets compared to the conventional way of picking numbers from the pay slip, which was manually produced and manually distributed.
When you join the South’s first online lottery, you can choose to receive your winning tickets through the telephone system. You also have to indicate which category of lottery you want your prize to fall. This enables the Lotto South to calculate your winning amount. You have the opportunity to select your own category, i.e. business, sports, entertainment, heritage and environment. You also have to be over the age of 18 and the South African language.
Although the Lotto South does not require you to call to claim your prize, you can choose to do so. You can find out how much you would be winning per game by calling the customer service staff on 08700 50 50 50 ext. 3days per week. Or you can use the lottery inter Provider Portal to find out how much you will be receiving per game and pay your ticket in person at the lottery distributor.