Why Technology Could Be Making Online Gambling Safer For Players

When it comes to gambling online, some players can become nervous about where their money is going and whether or not it is actually safe.

09:49 20 July 2018

Whether the player enjoys playing online casino games UK on a regular basis or is more of an ad/hoc sports bettor, knowing that their funds are safe is an important factor for many gamblers. Here, we’re taking a closer look at how improvements in technology can help to make online gambling safer for players.

 

Encryption

 

One of the biggest ways that technology is helping to make online gambling safer is through increased encryption technologies. While 128-bit is standard for many online casinos, there are a number of other options that online casinos and gambling sites can put into place in order to ensure that their customers are as protected from malware and hacks as possible. With SSL encryption, HTTPS, and the option to integrate some form of cryptography, there are a number of different ways that online casinos can become safer for their players.

 

Blockchain Technology

 

Blockchain is not only creating a truly anonymous gaming experience for players, but the technology is also helping to ensure that accounts and websites are as secure as possible – protecting players from viruses and human hacks. Whether you’re looking for a Bitcoin casino which offers the full cryptocurrency/blockchain experience, or you’re simply looking for a casino which offers privacy and safety capabilities of the blockchain, there are plenty of options on the market to choose from. Blockchain technology also helps to ensure that all transactions are secure and recorded, as well as free from manipulation from another party. Further to this, the storage of the deposits and the winnings is all on the blockchain, in wallets and on the secure casino system’s technology, further helping to guarantee that each and every penny is as protected as possible.

 

Transaction Speeds

 

 

Transaction speeds are also being improved as decentralised ledgers and payment methods are beginning to come into play. While this helps to improve the overall gaming experience for players, this can also help to ensure that funds are not intercepted as they make their way to players. Standard online casino technology can see a number of server shutdowns which can delay the process of taking funds out of the account and even cause money to be lost mid-way through the transaction. The integration of new technologies such as cryptocurrency and the blockchain can help to ensure that all of these problems are eliminated.

 

Remaining In Control

 

One of the biggest concerns for many gambling sites is the issue of problem gamblers and how to better aid their experience. While some sites already offer a self-exclusion option, this can be a difficult task for many gamblers to opt-in for, as it appears to be an indefinite solution which can lead to feelings of anxiety. New technologies may be able to further improve this process to help gamblers to remain entirely in control, with deposit limit settings and cool-off periods. Further to this, Know Your Customer (KYC) technology can help to better monitor customer behavioural patterns, allowing gamblers who are displaying signs of unnatural gambling or habits which may be causing them harm to be contacted as soon as any trends are spotted.

 

 With new and improved technologies beginning to make their way into the world of online casinos, it’s becoming simpler for players to remain safe and secure throughout their online gaming experience.