Quick Hit: The Top Drawbacks of Online Casinos
April 7, 2012
Playing at real money poker online is a fun, and sometimes profitable, pastime for poker players all over the world. Many have translated online poker playing into real fame and real fortune.
But are there any downsides to playing poker at online casinos? Here are four crucial concerns aspiring online pros should consider before quitting their day job.
#1: Players Have to Worry About Unethical Casinos. One concern about playing poker online with real money is whether or not to trust the online casino. Some worries exist as to whether the casinos are ethical businesses operating in a lawful manner. Knowing whether the casino is conducting itself ethically is important to the peace of mind of some players, who want to know their bankroll is safe and that in the event of a dispute, there will be accountability.
#2: Online Casinos Often Lack a Formal Arbitration Process. Of concern to many players is the lack of a formal arbitration process. Being that such a process does not exist, there is no way for players to formally resolves disputes such as software flaws, bank irregularities, and the like. This can be a major downside to online poker, as real money is at stake.
#3: Finding Who is Ultimately Responsible for the Casino Can Be Difficult. When an issue does arise, determining who is ultimately responsible for the casino can be a difficult, if not impossible, task. Many online casinos operate in jurisdictions where regulation is cloudy and business structures also lack transparency. Thus, the pursuit of legal action against an online casino can be a very difficult undertaking and ultimately might not be worth it.
#4: Online Casinos Lack a Social Element. Another drawback to online casinos is the lack of a social element. For many, the enjoyment of poker comes from the social aspect of live play, which often involves the gathering of many disparate types of people and a steady stream of conversation. An online casino is only a virtual table within a virtual room, the social element of poker is greatly reduced if not completely absent in the online format. For those who specifically enjoy this aspect of the game, online poker might not be as satisfying as live poker.