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Why Social Casinos? The average age of a social gambler is Casino players often have a difficult time looking for free casino games to play with their friends.
Social gambling allows you to enjoy free poker, blackjack, lottery games, and slots. Free gaming allows you to brush up on your gambling skills, as well.
This brings us to our next point You can play against your friends. You can also compare your results with your friends. You get to brag!
There are lots of different games to try. Many of the online slot machines you would find on Facebook have been created by independent developers, and most of those games would not be found in any brick-and-mortar casino.
This often goes hand in hand with advertising. The developer creates the game, but leave it open for branding. These are the most common monetization methods.
However, sometimes a developer will try a unique way to make money. Take Zynga, for example. But no more than 14 months later they decided to close both real money options because they struggled to convert free money players into real money players.
This is a challenge even online casinos and poker rooms struggle with today. We found an interesting interview at VegasSlotsOnline.
One of the interesting things she pointed out is that social gaming is more like shareware than traditional gambling.
Yes, because gambling is regulated and shareware is not. In a shareware game, anything goes. You can completely control the player experience.
You can make their luck run in streaks. You can give them volatility like a roller coaster. You can change the RTP so they win all month and go broke on payday.
If you have an idea and you think it will give you a competitive edge, there is nothing stopping you from trying it in a social gaming environment.
Social casino developers can do anything. It might lead the person to signing up to a real money casino with unrealistic expectations.
Or, maybe manipulate them into buying in-game purchases to try to win more often. That the person playing should have educated themselves on how gambling works.
And, at the very least that the casino has an advantage on nearly every bet made under their roof. And we have to create laws, rules and regulations that protect the lowest common denominator — the gullible people who fall too easily for pipe dreams.
Another is the addictive nature of these games. According to Dr. Griffiths this can be bad too. But that addiction can also come in the form of time spent.
The time you lose playing these games can have a negative impact on your life, too. And then you have the risks associated with freemium games that have in-game purchases.
So, those are some of the bigger risks or downsides to social casino games. But not everyone agrees social casino gambling is dangerous.
But lawmakers have no idea, either. Because social gambling games are similar, if not identical to real gambling games — and also have addictive qualities — there have been many debates about whether or not social games need to be regulated.
Then they talked about each individual state. Each state defines gambling as betting on a game of chance. The one common denominator they found is that gambling involves putting up something of value to get something of value back out.
So, they took that and applied it to a social casino app. One example they gave was about how, in Japan, you can play Pachinko a casino-like game and earn currency in the form of small metal balls.
These balls can be traded for real-world items — even cash — without consequence. Venture Beat asked Matt Jacobs, a Sacramento-based former federal prosecutor who has worked on some gambling related cases.
One of the potential issues in some games is how you get virtual goods out. These goods are advertised as costing money, even just a buck or two.
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