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Information about Online Casino Real Money - Updated February 2024

Contents

What are Real Money Casinos?

A real money casino is an online casino that lets you deposit and play using real money. In the UK, these sites are heavily regulated to ensure that they are safe and fair. The software they use is often governed by random number generators to guarantee complete randomness, and many also operate live casinos, where real casino action is streamed directly to players who can then participate in real-time.

Tips for Playing at an Online Casino with Real Money

There is no way of guaranteeing success when playing casino games for real money. If someone tells you otherwise, they’re probably trying to sell you something. However, there are a few things you can do to improve your chances of success and ensure a more enjoyable gaming experience.

Check the Odds

The payout rate in an online casino is known as either the “return to player” (RTP) or house edge. The former tells you how much you can expect to win over an extended gaming session while the latter is essentially the same data reversed, showing the casino’s share.

So, an RTP of 99% or a house edge of 1% means that if you gamble £100, you may lose £1. Of course, that’s a very simplistic way of looking at things and it’s an average that’s calculated over millions of plays. You could get a lot more; you could get a lot less. However, you can use these numbers to judge the likelihood of a payout and to compare games. These numbers are occasionally available in the game’s menu, but you can also simply Google the name of the game followed by “RTP” for slots and “house edge” for table games.

Create a Bankroll

Every frequent gambler needs a bankroll. This is your gambling budget. It is an amount that you should never exceed and one that should be based on your disposable income. Only gamble what you can afford to lose and never gamble with the belief that you will win.

A good way to create a bankroll is to calculate your incomings and expenses, see how much is set aside for recreation, and then consider how much of that you could lose without caring. That way, you’re treating the money like you would the cash you spend on a night out. It might be £100. It might be £10. What matters is that losing it won’t affect you emotionally or financially.

Use Casino Bonuses

All real money online casinos offer bonuses. You can grab the biggest of these when you first sign up, but there are others available once you’re a member. Many sites also offer loyalty programs, giving you points when you play and letting you turn these points into cash or prizes. Always collect what you are entitled to and get as many free spins and bonus credits as you can.

For more info, check out our guides to free spin no deposit offers and matched deposit bonuses.

Utilise Some Strategies

Although there are no strategies for guaranteed success, there are a few interesting ones that many high rollers and professional gamblers use.

These strategies include Martingale and Paroli. With the former, you decide on a bet stake, known as a “unit”, and then double it after every loss. If you win, you return to the original unit stake. Paroli is similar, but you double after a win until you hit three straight wins.

These strategies are often employed in near 50/50 bets, such as “Black/Red” on a roulette wheel. The idea is that probability will swing in your favour eventually and you’ll get your money back. However, you could also go on a very bad run and then hit a table limit, in which case it won’t work. So, it’s not perfect, but it does make some table games more interesting.

Gamble Responsibly

Don’t drink or take drugs when you gamble. Don’t gamble when you’re angry or frustrated. Not only will such activities start you on a slippery slope, but it means you’ll be more prone to making costly mistakes or gambling more than you can afford.

Summary: The Best Online Casino for Real Money

Now that you’re clued up on real money casinos, it’s time to get out there and start playing! All of the casinos listed on this site offer real money gambling. They are all safe and fair, and we have also reviewed them to let you know more about their games, bonuses, customer support, and more. Check out our reviews to learn more.

Online Casino Real Money - Updated February 2024 FAQ

  • Can I Gamble Online and Win Real Money?

    Yes. If you are a UK resident, you can gamble legally online and collect your money if you win. Your identity will be verified when you sign up for a casino. This usually happens automatically following a soft credit check, but you will be prompted for more information if that’s not possible.

  • Are Real Money Online Casinos Fair?

    Yes. The online gambling sector is regulated by the UK Gambling Commission, which takes a very strict approach to fairness and player safety.

  • How Do I Get My Money From Real Money Casinos?

    You can deposit and cash out using a variety of payment methods. All casinos in the UK accept debit cards and many places take e-wallets like PayPal and Skrill. You will need to withdraw back to the method you used to deposit in the first instance, unless that’s not possible (as with one-time voucher-based systems like Paysafecard).

  • What Games Pay the Most When Playing Online Casinos for Real Money?

    Blackjack has one of the best return rates of any casino game. If you play it using a mathematically sound model known as Basic Blackjack Strategy, the house edge is around 0.5%, equivalent to an RTP of 99.5%. For comparison, slots are often around 96%.

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