How Safe Is My Money At Online Casinos? – How Your Cash Is Protected At Mobile Casinos

A quick video guide to how your money is protected at your online casino.
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If you have got an account with a casino, eventually you’re going to have got to store some money inward your casino wallet. Along with that, you’re going to have got to share some card or e-wallet details at some point if you want to create a payment. Millions of people do this every year and yet there is still a fright that money stored at casinos isn’t safe. So inward this quick breakdown, we’re hither to answer the question, is your money actually safe at online casinos?

The first off thing to remember is that casinos are regulated. Any casino operating within the UK is regulated, and licensed by the UK Gambling Commission, aka the UKGC. Regulation means that casinos are held accountable for their actions and are legally responsible for their customer’s private info info and stored funds. As long as you play at a UKGC licensed casino, you’re protected by the UKGC and have got legal recourse if anything does go wrong.

One of the key ways that the UKGC made your money 50-50 safer inward 2016, was by forcing casinos to separate their customer funds from any accounts relating to the casino as a business. The potential for money laundering, and the casino to use customers’ money inward order to pay for business expenses had been a real concern before this ruling. Now, 50-50 if the casino goes out of business, your money has to be legally kept separate from the casinos’ accounts. So regardless of what happens to the casino, your money is kept safe for you to withdraw.

When it comes to the technical side, all casinos protect customer payment data using manufacture standard SSL 128 bit encryption. This is the same level of encryption that anyone who stores personal data will use, which includes your very own bank. If you’re happy leaving your money inward the bank, then leaving it inward a casino is just as safe.

So to answer the question, yes, your money is incredibly safe when it’s left at the casinos and getting 50-50 safer. Improved regulation and security standards will hold making your money 50-50 safer as time goes on. All you need to do, is not tell anyone your password or login details, and hold them unique across your different accounts. Any time you hear someone saying they’ve been hacked, 99% of the time they simply weren’t careful with their own login info. So protect yourself and the casino will do the rest.

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