Stay Safe and Secure at The Best Minimum Deposit Casinos
Minimum deposit casinos are slowly becoming the talk of the town. They rightly deserve the attention and praise as they allow players to play safe and enjoy without breaking their bank. At minimum deposit casinos, you can start playing with real money as low as $1.
The welcome bonus at minimum deposit casinos is usually accompanied by free spins and a more than 100% match bonus that provides enough money in the player’s account to begin playing. With the free spins, you can enjoy playing slot games for a good while.
But should you believe and trust every minimum deposit casino out there? Probably not! Minimum deposit casinos, though, have minimum risk but still should be carefully looked into before depositing your money. Here is more about the safety and security of minimum deposit casinos.
Are all Minimum Deposit Casinos Safe?
Not all minimum deposit casinos are safe. However, users don’t think twice if they come across minimum deposit casinos due to their low risk and a low first deposit.
Due to their high wagering requirements, there are more chances of your money getting locked in for an extended period at minimum deposit casinos. So, you should only choose well-reviewed minimum deposit casinos as these are the casinos you can wholly trust.
Always check for the active license and regulatory authority to know if a minimum deposit casino is safe. Here is one minimum deposit casino that is totally safe to use, i.e., Vegas Lounge.
The Licensing of Vegas Lounge Casino
The Vegas Lounge casinos is a casino managed by the brand White Hat Gaming Limited. The company has twin licensing. It is licensed in Great Britain under the Gambling Commission and also under the Malta gaming authority. It has an active license issued on August 1, 2018, with a license number MGA/B2C/370/2017.
This makes Vegas Lounge casino a safe minimum deposit casino. The minimum deposit at Vegas Lounge for new players is $20.
What Protection the Best Minimum Deposit Casinos Offer
The minimum deposit casinos offer protection to their players like any other online casino. Some of the protection tactics adopted ta minimum deposit casinos seen are:
Responsible Gambling
Like any other good online casino, a minimum deposit casino focuses a lot on responsible gambling. It doesn’t want its players to get into any financial trouble due to the financial risk involved in playing.
Therefore, it urges its players to play responsibly. These minimum deposit casinos also take some concrete measures to encourage responsible gambling like using gambling limits, getting help when addicted, attending the Anonymous gambling addiction self-help groups, and more.
For instance, the Vegas Lounge allows players to set imposed limits on the maximum limit of money they can deposit within a specific period. If the limit is fulfilled, it won’t let you deposit any more before 24 hours.
Vegas lounge also allows players to set a time-out period during which you cannot log in to your account. You can also close your account anytime by contacting the Customer care Team.
Apart from this, there are many other ways you can prevent yourself from digging deeper into gambling addiction.
Game RTP
For fair playing, minimum deposit casinos also include games from gaming software providers that provide an excellent Return to the Player. All games at minimum deposit casinos have at least over 95% of the RTP. This means that the player can expect to win at least 95% of the total money he spends on bets.
Fast Payouts
Minimum deposit casinos also provide fast payouts. It allows users to deposit a small sum of money and keeps the minimum withdrawal limit low. Also, with several payment mediums like e-wallets, the casinos can provide a fast payout to users. This means they can withdraw their winnings and get them reflected in their account almost instantly or within 24 hours.
Safe Payment Methods
Minimum deposit casinos also protect using safe payment methods to make a deposit or request a withdrawal.
It makes use of popular and safe payment methods these days. Mostly, as minimum deposit casinos favor fast payout and quick deposits, it uses e-wallets or prepaid cards. Both of these methods provide instant deposit and instant withdrawal without even sharing the account information.
Different Types of Online Casino Licenses
How do you check if the online casinos are licensed or not if you do not know about the different types of licenses? The few popular online casinos license you should trust include:
Curacao
Curacao is one of the most popular gambling licenses in the industry. It provides the easiest and fastest route to getting gambling licenses. Curacao processes a license within a month or two. It also has a lower corporate tax rate and a master license cost, allowing many to afford it.
Malta
Malta is another popular gaming authority that provides licenses for gambling businesses. It offers two types of licenses, namely B2C and B2B that are valid for five years.
To be eligible for the license, the online casino must fulfill a few requirements like creating a responsible gaming policy, filing the proper financial statement, and ensuring players’ private data security.
Kahnawake
Kahnawake Gambling commission is popular in Canada and is famous for providing licenses to online casinos there. It was established in the year 1996. The commission gives out four types of licenses and one being the interactive gaming licenses, i.e., the licenses provided to online casinos. The annual license fee at Kahnawake is $40,000.
UK Gambling Commission
UK Gambling Commission is considered amongst the largest gambling authorities in the world. UKGC also follows strict rules when granting licenses to online casinos.
Gibraltar
Gibraltar is another licensing authority that grants licenses based on the business plan, financial solvency, transaction protection. The online casinos are licensed through Gibraltar banks.
Alderney Gambling Control Commission
Alderney gambling commission provides licenses to online casinos and to other forms of gambling businesses in Alderney. The operators have to first submit necessary documents, make an initial deposit during the registration process.
Conclusion
This was all about safety and being secure at minimum deposit casinos. Just our recommendations when it comes to playing and betting at minimum deposit casinos. Vegas Lounge casino is one of our best rated minimum deposit casinos in New Zealand.