Security Changes Coming to the Online Market- Part 1
Things are changing quickly in the online gambling community. A few short years ago it was dangerous to log into just any casino and start playing. By far the internet is “anonymous” and that opened the door for unscrupulous operators to take advantage of online players. They would offer great promotions but then when the player won, they would supply them with nothing more than a thinly-veiled reason why they were not eligible after all for the big payout. The players, who paid in a lot of credits to play the games, were left in the cold with no real recourse. The operators would either remain unreachable or they would disappear altogether. It was a difficult time, but slowly regulators stepped in and little by little problems started diminishing.
Expect coming years to be the same in terms of new watchdog systems to help players come together for safe gaming. In this past week two additional security services were announced to be entering the gaming market. First of all there is SGS, or Safe Gaming System. This is a service that promises to provide a way for gamblers to set their own bankroll limits well before venturing to a virtual casino table. It requests a user’s income and expenses to come up with an individualized budget for them to wager with. The strength here is that it will help users avoid putting themselves into financial disarray. The budgeting software is a first of its kind in the market.
Second, the SGS is promising to help people fund their online accounts. Once a player opens an account with them, it is funded by pre-buying their calculated buying limit. It is an additional safeguard for players to never go over what they cannot afford to lose when gambling. The agreement prior to using the service is that players will use SGS solely as an online funding option. This means that they won’t have other accounts to tap into when they want to continue gambling. It’s a way to monitor money going into gambling and keep from spending too much money on the hobby.
Part two coming next.
Tags: market, Safe Gaming System, security, SGS
