Online Casino Singapore
The development in technology and the Internet has given rise to a completely different way to game. Players are able to login to an account with a few simple clicks of a button and start wagering from anywhere in the world. This kind of forward movement and surge within the mobile platform has changed the way players are able to game and the way wagering is dealt with.
Brief History Of Online Casinos
In 1994 the Free Trade and processing Act was passed which allowed for organizations to apply for licenses to become online casinos. Long before the advent of the online casino a company called Microgaming developed online casino software, which is widely used in many of today’s online casinos. It was in the late 1990’s that online gaming started to gather momentum; Internet based websites for gaming went from a mere 15 websites in 1996 to 200 websites in 1997.
Online Casino Explained
An online casino is a virtual or Internet based casino in which players are able to create an account, wager on games that are almost identical to land based casinos and set up a preferred method of payment for any future withdrawals. These preferred methods of payment vary from direct bank transfers to web or e-wallets.
The main difference is that online slots in Singapore will offer a higher payout rate than that of their land based counterparts. Furthermore, land based casinos are able to attract top ranking guests with gratuities such as pent house suites and lavish cars and planes. The online casino relies on something that all players love, the bonus.
Many sites will offer a bonus beyond the industry standard. Players should be aware of a deal that offers up to 200 free credits. These are fair offers and the terms and conditions would explain this to a player in detail. What this means is that as a new sign up you will receive a match offer of a certain percentage up to the coupon stated. Therefore if a site promises 100% deposit match up to 200 credits, this means that when a deposit is made up to 200 credits and not exceeding that amount a player will receive a 100% match. Therefore if a player deposits 100 credits the player will be matched with 100 extra free credits.
The sign up bonus can vary greatly from Website to Website and other online betting sites even entice players with a no deposit bonus. What this means is that a new player would receive a free bonus just for signing up without depositing. These bonuses are generally very small and are used to get a player familiarised with a particular site.
Gaming In Singapore
Four laws govern gaming in Singapore; the Common Gaming Houses Act, the Betting Act, the Private Lotteries Act, and the Betting and Sweepstake Duties Act. The Casino Control Act of 2006 permitted the establishment of Casinos in Singapore. The city rolled out a licensing framework and some very impressive land based Casinos were built.
Legal online casinos do not exist in Singapore, as there is no framework to issue licenses to such an enterprise. However there is no law against using foreign sites for gaming from ones home in Singapore. This opens up unique opportunities for the gaming industry in Singapore as players can expect games such as roulette, blackjack, video slots, progressives, slots, poker rooms and online baccarat in Canada.
Singapore also has the distinct advantage of super speed Internet connectivity that loads the most intensely rich graphical games at the click of a button. Players from Singapore can also partake in sports betting and online table tournaments like Texas hold’em poker.