Month: June 2021

iGaming – How Is Matka Played Online

In the online gambling space, online gambling is referred to by major operators as well as punters as iGaming. The term would describe an industry that is comprehensive wherein people wager real money on games or sports events through the internet.

IGaming includes everything from casino games, poker to different kinds of sports. With the continuous developments done in the gambling industry, online gambling is also expanding which means increasingly more games are added for people to play and bet on.

Matka – What Is It?

The Matka, or Satta Matka, is a lottery-style gambling game that entails guessing two digits from 1 to 9. This betting game orginated in India in the 1950s where people would place their wager on the opening and closing cotton rates that were transmitted from the New York Cotton Exchange to the Bombay Cotton Exchange.

When the practice was halted in 1961, they had to look for a different way to keep the betting game going. This is when they started to write the numbers on pieces of paper and placed inside a pot called “matka”. Two random numbers are drawn from the matka and the winning numbers are announced.

Over the years, the Matka has evolved where card versions of it were created. Instead of drawing numbers from a pot, two numbers are drawn from a deck of cards. Today, with iGaming, the Matka can now be played online. However, rather than choosing two numbers, players pick three.

How Is Matka Played Online?

The Matka is an a simple and easy game to play as long as you understand the mechanics and rules. Playing the Matka online is a bit different from how it is played at certain casinos. So how is Matka played online?

The game begins with player choosing a set of three numbers from 0 to 9. Let’s have 3,6,9 as an example.

These numbers are then added together, so 3+6+9=18. The first number of the sum is then dropped. In our example, we are left with 8.

The first selection of numbers would then be 3,6,9*8.

The player would then pick another set of three numbers and the whole process is repeated. Let’s have 2, 4, 6 as an example. When you add the numbers together you get 12. Leave out 1 and you are left with 2.

The second selection of numbers would then be 2,4,6*2.

When your choice of numbers is confirmed, in our example it’s 3,6,9*8 X 2,4,6*2, you then select your wager. There are several different wagers that you can place which you base on the numbers you have selected. This includes a wager that could potentially give you a return 9x your bet on whether your first selection is correct.

When all wagers are set, the winning numbers are randomly drawn and all winning wagers will be paid out instantly.

Cons on Operating an iGaming Business

Here are some issues you can encounter when operating an iGaming business.

  1. In-depth industry knowledge is a must. To succeed in this business, you really have to do your homework to become an expert. Learn everything you need to know about jurisdiction, laws, the game itself and player behavior. It is necessary to research and learn.
  2. There are various legislations to adhere to. If you are an iGaming operator, you have to understand local laws and regulations. The iGaming industry is a heavily regulated industry and there are a lot of limitations that exists in different countries that you have to be aware of. Some countries forbid certain forms of marketing while some countries forbid certain forms of games. Avoid fines and sanctions by knowing all these laws and regulations.
  3. Complex legal procedures. To operate legally you will need a license. Obtaining this license can be difficult, tricky and expensive. In some countries you can work with an offshore license. This will be recognized but other countries will only allow you to operate if you are licensed locally. The process in obtaining one can be very complicated.
  4. Fast-paced industry changes. Even if you did your homework, it’s to early to celebrate because everything can change instantly. This industry is very dynamic. This is especially true if you operate in different countries at the same time. There are so many things you have to monitor to succeed.
  5. Tough competition. Competition can be fierce. For many this is a profitable business and many will want to take advantage. So your players are only your players as long as you provide them an excellent customer service and you give them what you expect. Your competitors will actively try to lure your players away from you.

Ideas That Made the World of iGaming Better

The online gambling industry has changed a lot in recent years. The first online casinos were only opened many years ago. Back then there were extremely simple versions of slot machines or casino games such as roulette, blackjack or poker. The gaming experience of the first digital casino games was, therefore, neither realistic nor very entertaining.

A lot has happened in both areas over the years. The most modern video slots look at least as good as current video games.  With the arrival of technologies like virtual reality, it is certain that it will be an exciting time.Alpha88 Thailand

 Crazy ideas that made the world of iGaming better

Live casino games made the world of iGaming better

One of the craziest ideas in online casinos was without question the invention of live casino games. In these titles, real dealers are filmed as they deal with the cards or spin the roulette wheel. The players make their bets quite normally through the casino’s software like สล็อตออนไลน์. The live casino games perfectly combine the realism and excitement of traditional casinos. This comes with the convenience and comfort of online casinos. Players don’t have to go to the casino. The casino just comes to their home. An absolutely brilliant idea that made playing in the online casino a lot more entertaining.

Progressive jackpots in video slots made the world of iGaming better

There have also been some interesting developments when it comes to video slots. While virtual slot machines used to have only 3 reels and no bonus features. Some slot machines are so complex today. The player has to read the rules carefully beforehand. The craziest development in video slots, however, has been the introduction of progressive jackpots. In these games, tiny amounts of money for the jackpot are deducted from every stake made by the player. This continues to grow progressively until one player finally wins. Some of the jackpots are astronomical.

Casino no deposit bonus made the world of iGaming better

Another great idea was the invention of the no deposit casino bonus. It’s crazy: in the past, players got cash from the casino when they made a deposit. Today they even get money from the casino completely for free. To receive a no deposit casino bonus, players typically only need to open an account at a new casino. You will then receive the free amount as a bonus credit in your account at the casino.