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Posts Tagged ‘SGS’

Security Changes Coming to the Online Market- Part 2

Wednesday, April 28th, 2010

Secondly, there is Impulse Pay. This is another watchdog service that is set to help people with the verification process when it comes to online gaming safely. Each online casino has to include the “Impulse Pay” button on their website for players to use it. Players then click the button and have to enter their cell phone number. Once they do, a text message is sent to them that gives them a unique PIN number. This PIN is then entered into the application online and this verifies their identity and their age. The biggest protection here is that the cell phone number has to be registered to an of-age person. If they aren’t then the user is not allowed to gamble, but rather sent to a “Help Page” set up by the website. On the other hand, if they do pass the security check then the player can enter the online casino and play like he or she normally would at any other casino.

The value of the Impulse Pay website is to thwart underage gamblers from dangerous online activities. It is illegal for the underage to wager, but there has been a growing surge in those who are trying. This is a way to help police the issue and keep young players safe when gaming online. With the increase in online casinos, it is clear to see how more and more crime is set to enter the market. It is only logical that the more casinos out there, the more problems may occur. It is a good sign that more companies are coming out with various ways of monitoring gambling activities online and providing a watchdog service to gamers worldwide.

Both of these services are new to the market and it may take a few months for them to be adequately regulated and implemented by casinos using their services. The SGS service is more universal in that it can be used by individual gamers. Anyone wanting an additional protection when wagering should be able to easily create an account and then integrate it with their gambling session. It may take a longer time for Impulse Pay to take off because is a service that individual companies have to employ. It may take them a longer time to gain a market share that offers players the games and casinos they truly want to join in on.

Security Changes Coming to the Online Market- Part 1

Wednesday, April 28th, 2010

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.