Mines Games Bonuses Playing real money slots
You will want to find real money casinos if you intend to win actual cash. Online casinos that take in and give out actual cash have a platform to process money transactions.
Another type of online slot available is those from social casinos. The platform hosts online slots that play the same as those in real money casinos. Its slots even utilize the same complex RNG as real money casinos. You can even find ones with similar mechanics and themes as titles made by popular software providers such as Betsoft and IGT. These types of software tend to be integrated into social media or mobile apps.
Despite being capable of allowing players to buy casino chips with actual money, social casinos are not capable of turning those chips into actual cash. The casino platforms are not capable of any transactions, nor are they allowed by law to directly reward players with real money.
Real-money casinos have platforms that support various payment services, such as credit cards, e-wallets, online banking, and even cryptocurrencies. The payment support allows operators to accept money from their patrons and pay them in actual cash.
Apart from accepting and dispensing cash, real money casinos also need the proper license while operating within specific jurisdictions. The casino license requirements prove that the operator’s business, banking details, and identity are legitimate.
Note that a license is not required for a real money casino to accept cash. Operators are the ones who require a license to avoid getting in trouble with the law if they allow genuine money transactions on their platform. One example is Bitcoin casinos that can accept and payout crypto coins.