Donations 2013 Year To Date:   $ 180,000

The Philanthropic Side of Online Casinos

What do online casinos and helping children have in common? The goal of the participants is to fulfill a mission. Though these missions may be driven by differing motivations, they follow the same planning and activities. For the winners of games in online casinos, it is possible to use the gains for philanthropic means. Here are a few ways that online casinos can contribute to a worthy cause.

Charity Lotteries

Lotteries are a great tool for online casinos to use when they want to help charities raise money. This enables them to give back to those who are less fortunate or in need of assistance. As much as there are funds within the lottery prize pool for players, in online casinos, additional funds raised, or profits can be shared with a specific charity organization. It is worth noting that in certain countries, a percentage of any money raised through charity needs to be donated to charity. Furthermore, a percentage of the total value from the winning ticket should be given to charity as well.

Charitable Poker Games

These can be in the form of tournaments and are especially suited to table and card games. Players who want to participate will buy into the game using a specific amount. Upon placing wagers and winning, they may choose to donate part or all their winnings to a specific charity. The amount that was used to buy in to participate in the game may also be used for a charity. For players who have developed incredible skills in specific games, these allow them to showcase their skill to an audience gaining more popularity while doing good. In some exciting instances, even more, funds can be raised by allowing observers to place bets on the players, especially with live games.

Loyalty Member Fundraising

Online casinos encourage their loyal members, who are often high rollers, to take philanthropic action. As members of the loyalty members club, they are encouraged to donate some of their winnings to help with urgent needs all around the world. This way, it is possible to raise money for food provision, helping with natural disasters as well as aiding struggling communities. In addition to encouraging loyal members to raise funds, other players to the site may also find there are areas they can make donations. Casinos may also choose to match all the donations that are made as to their way of giving back to causes and communities. This helps them ensure that they do not build up a reputation for being selfish or filled with greed.

What You Must Look Out For

When you are on an online casino and want to participate in a gambling event, you must make sure that it is legal and there are regulations in place. This will ensure that any funds raised will be given to the charity as expected. Therefore, all charity gambling events need to be registered with the local authorities. The laws and regulations around these events will vary from one country to another. However, the basic ones include the following: - All players who want to take part must be clearly informed about the reason for the event. Clear differentiation should be made between private and public gaming charities or events. Where they are private, there is a limit to who can participate and observe. The charity organization should be fully operational as an anon-profit entity.

Goodwill organizations should be the ones for which charity events are raising funds. This means that there needs to be something highly beneficial to a community. All profits raised and shared must be used for the cause that the funds were raised for. Announcing that funds are being used for another charity or organization is not legal.

The Modern and Exciting Sol Casino

Sol Casino offers players a thrilling experience when gaming. There are lots of tournaments to experience at this casino. Most of them have a generous prize pool that players can benefit on. When choosing the tournament that you want to play, you can use the countdown to see how many days you must participate. Tournaments are constantly being updated in the casino. This means that you need to keep watching out for them and reading the terms and conditions to determine when a charity tournament will be taking place. The loyalty program casino also features several levels, each of which increases in benefits as players advance. Within these levels are lottery tickets, cashback options, and high daily cash-out limits. For players seeking to be philanthropic, these open the opportunities for giving.