Online Guide | How They Work in 2024
line & how they work. Discover the software providers, games, payment providers, & more in this detailed guide
How Online Work In 2024
It’s 2024, and how online operate today is totally different from how they did in 1994. Three decades later, since the launch of the first online , the quality of service has significantly improved. Of course, the basic principle of how online such as 7Slots operate remains the same, but there are many complexities you must understand.
Journey with us as we take you through the intricacies of how online work in 2024. Read a brief history of the first online , the types of online , and the parties involved in the industry.
A brief history of online
The first online was launched in 1994 after the Parliament of Antigua and Barbuda passed the Free Trade and Processing Zone Act. This allowed for to be licensed and regulated in the online space. Months later, Microgaming developed the first-ever software. This was used to power ‘The Gaming Club,’ which would become the first to go online.
A few years later, Microgaming was joined by the likes of Playtech and NetEnt. Together, the three software companies worked hand in hand to lay the much-needed foundation that would later shape the current online industry.
Software Providers
At the core of the online industry are software providers. These are responsible for two important roles: the development of platforms and the design of online games. As mentioned, Microgaming, Playtech, and NetEnt are the pioneers of the online industry. Over the years, they’ve been joined by hundreds of other accomplished and competent companies, including:
Games
If you walk through the door of a land-based , you might be overwhelmed by the number of games available. There are countless flashing lights, screams from excited winners, and the sounds of roulette balls jumping across the wheel or coins falling down the machine’s hoop.
Of course, this is not available online, but there are thousands of games to pick from. The online selection is massive compared to what you can play at brick-and-mortar establishments. On average, an online will have about 1000 games to offer. The best brands offer you more than 7000 games from many software providers. Below is a breakdown of the type of games you can play online:
- Online slots: include classic 3 reel, video slots, and 3D slots.
- Table games: include popular games such as roulette, blackjack, baccarat, dice, sic bo, and more.
- Live games: are an extension of table games. Instead of playing against software, you’ll be playing in a ‘real’ setup. The games are streamed from a physical land-based or gaming studio to your device.
Payment providers
At the physical , all the transactions are carried out at the cash cage. However, in the online space, it’s all about self-service. Online support a variety of payment methods, which include eWallets, credit/debit cards, cryptocurrencies, and pre-paid cards.
These methods are usually found in the banking section of the . Under this, you must pick your preferred option, enter the amount you’d like to deposit, and start playing real money games. If you don’t have money to spend, you’ll be happy to know online allow you to play their games for free, in demo mode, to familiarize yourself with the rules.
Are online safe?
This is a big question that has lingered in the industry for decades. True, there are instances that have made people doubt the legitimacy and safety of the industry. However, generally speaking, as long as you are playing at a licensed and regulated brand, you shouldn’t have anything to worry about. Before signing up with any online , ensure it holds a license issued by the UK Commission, the Malta Gaming Authority, the Government of Curacao, The New Jersey Gaming Commission, or any other respectable body.