Critical Regulations of Brick and Mortar and Online Slots Monday, Jan 30 2012
Online Slots 7:35 am
As most of us are aware by now, the games in land-based casinos are extensively regulated and audited. And as far as slot machines are concerned, it is important to note the specific standards and regulations are applied in mechanical and electronic slot machines and such machines are equipped with mechanisms that work in the background and determine the payout percentages and the spread for the casino. These parameters are completely configurable, and this is the main reason why slot machines are subject to certain regulations.
These regulations are designed primarily to protect the interest of players and at the same time ensure that the fair share of the government in the revenue is accurately reflected in the operations of the slot machines. The regulation of online slots is not as stringent as in their counterparts in brick and mortar casinos. However, there are online casinos that follow a strict regime of self-regulation and are in fact taking things several steps further than their land-based counterparts.
Regulations for Land-Based Casino Slots
There are some disparities in the regulations applied in casino slots, although the parameters or variables that are subject to regulation remain the same. For instance, most cities or jurisdictions with casino gaming apply specific regulations on the payout percentage of slot machines. These regulations normally define the specific payout percentages as well as average payout for a certain period of time.
On the other hand, regulations for slot machines that offer progressive bonus apply to both the average payout as well as the progressive bonus segment. There are also some areas or jurisdictions that adopt standards for the number of hits of slot machines, on top of the regulations that apply specifically to payout percentages.
Regulations for Online Casino Slots
The regulations for online casino slots are relatively less stringent compared to those that are applied to slots in brick and mortar casinos. In the interest of fair play and consistent with their adherence to acceptable levels of transparency, leading online casinos define in clear terms the standards and regulations that are adopted to ensure fairness of the online slots games.
In addition to this, there are entities that certify the games as well as other aspects of the operations of online casinos and inform potential clients about the fairness of the games that are offered by the online casinos.
There are also some online casinos that adopt the same set of standards that apply to Las Vegas casinos. In fact, there are even some online casinos that take the issue of transparency and fair play several steps further and display the payout percentages of online slots.
Another clear advantage of online slots is that players have the option of trying them out purely for fun before they engage in online slots where real money is involved. This means that you are given several hundred free spins in order to determine if you are cut out for such type of online game before you finally make the switch to real money.
M.A.H.

