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Casinos with No License Required in UK
There are a lot of casinos in the world today, and almost all of them are licensed. Licensing is always considered crucial when it comes to proving to the world that a casino is legit, especially because players’ money is in play.
However, there’s another cluster of casinos which has existed in the online gambling industry for a while – social casinos. These types of gaming sites offer gambling services to players without the need to have a gambling license to show for. In fact, that’s why they are referred to as “social” casinos. But why is this so? Well, today’s post will answer all your questions and more.
What are Social Casinos?
Social casinos are a special category of casinos that don’t require you to invest money in the traditional betting sense to play games. That’s why licensing is not necessary for this sub-category of online gaming.
Ever since the games were conceived, they have found their way in computers, smartphones and tablets, like regular internet casinos. Besides just playing them for free on a casino app, they are also readily available on social media sites like Facebook and VK, where you can play while interacting with your friends as well. The bottom line is – you don’t have to deposit any money to enjoy playing them.
Types of Online Social Games
Today, all online gambling games that don’t require real money are called social gambling games. However, unlike free-to-play casino games in demo mode, there’s no real money variant incorporated in the game. They are very similar to any other casino games, from the rules to the gameplay. Some of the most popular online social games are:
- Blackjack
- Roulette
- Poker Games
- Slot Machines
- Video poker
- Keno
- Solitaire
- Bingo
- Lottery
Currency in Social Gambling Games
Because you don’t wager any real money, you will be paying with chips instead. The chip is the standard currency in the social gaming world, and they don’t have real-life value. So, before you play, you will receive these chips and use them to bet on various kinds of games within the casino that offered you the chips.
You cannot use these chips to trade for anything. Some land-based casinos, however, allow you to exchange these coins for free food, dinner or drinks. Yet, some social casino games have in-app purchases, just like regular apps, to buy the in-game chips or unlock levels.
Differences Between Licensed Casinos and Social Casinos
To understand why social casinos are different from the usual online casinos, let’s go through some of the most common variations:
✅ Regulations
Free social casinos are not regulated. For the case of an online casino, we all know the drill – it has to be regulated to operate.
✅ Safety and Security
In Social casino apps, especially those that don’t have in-app purchases, there’s not much security or safety going on. That’s is because there isn’t any real money involved that could be at risk. Standard online casinos, on the other hand, have to operate with a certain degree of safety.
✅ Profit
In a real money online casino, the money you win is what totals up to be your profit. This is not possible in a social casino because even if you earn lots of chips, you won’t be able to convert them to real money. These chips have no tangible value in the real world.
Final Thoughts
Social casinos are just for entertainment, but they are also a grand gateway to take you to the real deal. They are remarkably exciting, and given that you cannot lose your money by any means, they are an excellent option for players who are just looking for the gambling thrill without any extra expenditure.