Unless you’ve been living under a rock, you’ll have heard about online casinos in recent years. The industry, after many years of promise, has finally arrived, to the point where it’s now worth an estimated $65 billion — and it’s only expected to grow even bigger in the forthcoming decade, too.
Real-world casinos need less of an introduction. They’ve been around for hundreds of years and were particularly popular throughout the 20th century. Though there are obvious similarities between online and real-world casinos, they also have a host of differences that it pays to be aware of. Let’s take a look at where these two casino variants both meet and diverge.
Physical v Virtual Locations
First up, the most obvious difference between traditional and virtual casinos is the location. Brick-and-mortar casinos are tied to a specific location, and the only way to get that experience is to travel directly to the casino. Online casinos exist in the virtual world, which makes them ‘location-free.’ Provided they’re available in their geographical location, the online casino will travel — digitally — to the player, not the other way around. This is one of the reasons why many people prefer to play online; since it all takes place in the virtual world, they can play their favourite games from the comfort of wherever they happen to be.
Range of Games Available
You’ll find classic casino games in a traditional casino, though how many you find will depend on the casino. You’ll find all of the classics in those big Las Vegas casinos, while smaller casinos will likely have a smaller offering. In the virtual world, you’ll generally find a wide range of games available, usually even more than what you’d find in a Las Vegas casino. And there’s an obvious reason why that’s the case: unlike traditional casinos, online casinos are not limited by space. They can offer as many table and slot games as customers want because virtual space is essentially limitless.
Offers and Deals
This is perhaps the most instantly obvious difference between traditional and online casinos. Traditional casinos have never made offers and deals available to players — they simply don’t exist in that space. Online casinos, on the other hand, are famous for their introductory deals. The reason for this is that competition among online casinos is fierce, and many will provide an offer as a way to encourage a player to play at their website. The only equivalent in the real world is in Las Vegas, which will sometimes provide a free hotel room and free drinks while playing. But in terms of an actual deal on the game you’re playing, you just won’t find it.
Payment Options
In the vast majority of cases, you can only pay with cash or credit/debit cards at traditional casinos. If you lose your card or you’re travelling overseas and it’s not accepted for whatever reason, then you’ll be out of luck if you don’t have some cash in your wallet. At online casinos, it’s generally possible to pay via a wide variety of payment methods. Some websites allow players to pay using debit/credit cards, PayPal, or cryptocurrency, and more payment methods are being added all the time.
Available Odds
While there’s no universal standard for the odds that a casino has to offer, in general, online casinos tend to offer better odds than traditional casinos. That’s because online casinos are in a position where they can offer the best deals to customers. Unlike traditional casinos, they don’t need to pay for a building, energy costs, and a large army of staff. Instead, they can pass those savings onto the customer in the shape of better odds than those they’d find in a traditional casino.
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