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Gambling has been with us since ancient times. Gambling online is a relatively new phenomenon and one that appears 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 is currently estimated that you can find approximately 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, based on Christiansen Capital Advisors (CCA).
So what is it about the online casino phenomenon that has so enticed gamblers? Perhaps it’s the virtue of it simply being online. You’ll find numerous attractions to not having to attend a casino to gamble. The most prominent of these is 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 number of games and their varieties great online gambling agent are astounding. Poker, blackjack, roulette or sports gambling, online casinos offer all of them. Lets take a look at a number of of them:
Online poker has been partly responsible 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 per 30 days.
Blackjack, often known as twenty-one or Pontoon, is just one of the most popular casino card games on this planet. Much of blackjack’s popularity is due to the mix of chance with elements of skill, and the publicity that surrounds card counting The slot machine typically pays off determined by patterns of symbols visible on the front of the machine when it stops. Modern computer technology has resulted in several variations on the slot machine concept.
The freedom of money and time are added attractions. The internet casinos are relatively inexpensive to operate with regard to staff being paid, so they are able to offer players free games. Entering a blackjack room within an online casino is quite 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 and also on the spot. At home, the player is able to slow down and play only once they are ready.
Sadly, with such a growth in popularity has come many online gambling hoaxes. Illegitimate and cheating websites are present on the net and can 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 the fact that it really is 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 within their own living room, in what ever state they choose to be in and at whatever 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.
