Gambling has been with us since ancient times. Gambling online is a relatively new phenomenon and one that seems to be growing in popularity on a daily basis. Take a look at these facts:
The very first online gambling site was launched in August 1995. It’s currently estimated that you can find more than 2,000 Internet gambling Sites offering various wagering options, including sports betting, casino games, lotteries and bingo.
Internet gambling revenue in 2005 was estimated at $11.9 billion and is projected to double by 2010, according to Christiansen Capital Advisors (CCA).
So what is it about the online casino phenomenon which has so enticed gamblers? Perhaps it’s the virtue of it simply being online. There are a lot of attractions to not having to attend a casino to gamble. The most prominent of these will be the intimidation. Online gambling opens up a whole host of games to players who previously never had the courage or interest in observing tables in a land based casino.
Then it really is the choice of games. The range of games and their varieties online are astounding. Poker, blackjack, roulette or sports gambling, online casinos offer them all. Lets take a look-at a number of of them:
Online poker has been partly answerable for a dramatic rise in the range of poker players worldwide. For the year of 2005, revenues from online poker were estimated at US$200 million a month.
Blackjack, generally known as twenty-one or Pontoon, is just one of the most common casino card games in the world. Much of blackjack’s popularity is due to the mixture of chance with aspects of skill, and also the publicity that surrounds card counting The slot machine typically pays off based upon patterns of symbols visible on the front of the machine when it stops. Modern computer technology has resulted in several variations on mouse click the following article slot machine concept.
The freedom of time and expense are added attractions. The internet casinos are relatively cost-effective to operate with regards to staff being paid, so they’re able to offer players free games. Entering a blackjack room in an online casino can be very different to approaching a blackjack table in a land based casino. The speed and intimidation may be high when playing in a ritzy casino. Crucial decisions are made quickly as well as on the spot. At home, the player is able to slow down and play only when they are ready.
Sadly, with such a growth in popularity has come many online gambling hoaxes. Illegitimate and cheating sites are present on the net and may also be deceiving. The most critical things to remember when gambling online will be the three elements of consideration, prize and chance. All three should be present.
The problem with online gambling is that it’s far harder to control. The industry which has to protect itself from the risks of compulsive gamblers. Within the virtual world, this is hard to enforce. A customer is able to sit in their own family room, in what ever state they decide to be in and at what ever age and gamble just as much as they desire.
Caution seems to be the only key. Gambling has always been a controversial subject; gambling online is simply an extension of this controversy.
