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online sports bet casinos, also known as virtual casinos or internet casinos, are online sports bet versions of traditional ("brick and mortar") casinos. online sports bet casinos enable gamblers to play and wager on casino games through the Internet.

online sports bet casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online sports bet casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online sports bet casino is using an appropriately programmed random number generator, table games like blackjack have an established house edge. The payout percentage for these games are established by the rules of the game.

Reliability and trust issues are commonplace and often questioned. Many online sports betcasinos lease or purchase their software from well-known companies like Wager Works, Microgaming, Realtime Gaming, Playtech and Cryptologic in an attempt to "piggyback" their reputation on the software manufacturer's credibility. These software companies either use or claim to use random number generators to ensure that the numbers, cards or dice appear randomly.

online sports bet casino types

online sports bet casinos can be divided into three groups based on their interface: web-based casinos, download-based casinos, and more recently live casinos. Some casinos offer multiple interfaces.

Web-based online sports betcasinos

Web-based online sports betcasinos are websites where users may play casino games without downloading software to the local computer. Games are mainly represented in the browser plugins Macromedia Flash, Macromedia Shockwave, or Java and require browser support for these plugins. Also, bandwidth is needed since all graphics, sounds and animations are loaded through the web via the plugin. Some online sports bet casinos also allow gameplay through a plain HTML interface.

Download-based online sports bet casinos

Download-based online sports bet casinos require the download of the software client in order to play and wager on the casino games offered. The online sports bet casino software connects to the casino service provider and handles contact without browser support. Download-based online sports bet casinos generally run faster than web-based online sports bet casinos since the graphics and sound programs are located within the software client, rather than having to be loaded from the Internet. On the other hand, the initial download and installation of a download-based online sports bet casino client does take time. As with any download from the Internet, the risk of the program containing malware does exist.

Live-based casinos

Live-based casino gaming is a way to interface with a real world casino while playing online sports bet. Recent advancments in communication technology now allow land-based casinos to open a real-time window via the web for players to game tables in an interactive, live environment. With live gaming players can see, hear, and interact with live dealers at tables in brick and mortar casinos worldwide.

online sports bet casino is a derivation of the land-based traditional casino, also known as virtual casinos or gambling sites and providing diverse games or a single one depending on the website operation, franchise, etc. The online sports bet casino offers generally better odds than land-based casinos for games such as slot machines where the chances of winning are regulated by the house, the so-called house advantage.

On August 18, 1995 the world's first online sports bet casino debuted, Internet Casinos, Inc. (ICI) operating with 18 different casino games and for the first time offering also online sports bet access to the National Indian Lottery. However, since the early days ICI operates out of the Turks and Caicos Islands, outside the United States to avoid government prosecution.

Also, in the mid 90's, two other online sports bet casino’s made their debut claiming to be the first The Gaming Club and Intertops casino and sports book, which in fact launched the first online sports bet sports book before Internet Casinos, Inc.. Building a reputable service with reliable payouts, high security, efficient customer support, and serving a large number of customers excited with this new gambling modality, the online sports bet casino succeeded.

The spring of 1996 brought into the gambling scene a second sports book planning to launch an online sports betcasino as they did. The Interactive Gaming & Communications Corp. (SBET), soon becoming a publicly traded company listed on NASDAQ. The financial success of this online sports bet casino is not only the internet, but also the acceptance of bettors' sports wagers via telephone calls to Antigua on a toll free line via satellite.

Due the American gambling laws of regulations, the online sports bet casino industry has been developed mainly from the Caribbean Islands nations, as well as from Asian and European countries where even governments have also entered the business holding their own gambling sites, like Liechtenstein's government operating an online sports bet international lottery, not only in German but in six different languages to drive international traffic.

Atlantis, was the first online sports bet casino based in Great Britain and licensed by the Isle of Man, an inspirational fact that made Sol Kerzner, its owner, develop a new concept in online sports bet gambling the thematic online sports bet casino.

Today, this online sports bet casino has become one of a kind offering from five-figure slots payouts and progressives, offering free trips to Atlantis, the Paradise Island in Bahamas, and property of Mr. Kerzner. Atlantis was also the first casino recognizing the importance of players introducing the VIP program, exclusive for London Club’s Members.

According to Rolling Good Times online sports bet, a popular gambling magazine, currently there are 452 gambling-related sites on the internet with thousands of subsidiaries, affiliates, franchises and co-branded sites, and the overall market for online sports bet gambling is estimated at approximately $49 billion worldwide on average.

Natalie Aranda is a freelance writer. She writes about sports games and entertainment. In US, Federal Wire Act prohibiting electronic transmission of information for sports betting across state lines, but there is no a specific law prohibiting gambling of any other kind. In fact, several states rule in favor of land-based gambling but having specific laws against online sports bet gambling of any kind.

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