eCOGRA would be the abbreviation for e-Commerce Online Gambling Regulation and Assurance. It had been set up as a non-profit company in 2002 for self-control of the internet gaming market. Although it was established by Microgaming along with 888.com it has maintained a separate nature which is important for its functions.
In basic conditions the purpose of eCOGRA would be to set up standard fair gaming procedures. After that it audits the procedures of those internet casinos that so wish against these procedures. If the internet casino meets the specifications set by eCOGRA after which its seal of authorization of "Safe & Fair" is awarded to those casinos. Online gamers can easily play at eCOGRA authorized casinos since they are confident that they won't be misled. eCOGRA also participates in dispute resolution amongst its authorized internet casinos and gamers.
The "Typically Approved Procedures" which eCOGRA judges internet casinos by are categorized into three groups. Player Protection ensures that gamers receive all the payments in time. The internet casino must have an obvious and clear way of book keeping for the invoices from the gamers, crediting their payout and rewards and holding track of the betting specifications. The security of delicate economical details such as credit card numbers whilst it is carried online and while it's saved in the internet casino's servers must be guaranteed. Another essential part of Player Protection is offering gamers all the necessary information in advance.
Fair Gaming includes evaluating and guaranteeing that the internet casino is not disloyal to gamers by adjusting the program. The Random Number Generator which is accountable for giving the cards or rotating the slots must basically carry out acts that happen to be random and tend not to rely on the bets placed. One more part of Fair Gaming would be to evaluate whether enough steps happen to be taken to manage server connection. Also evaluated is whether internet casinos have enough back-up systems and problems recovery systems if things fail.