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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 first online gambling site was launched in August 1995. It’s currently estimated that you can find around 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, as outlined by 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. You will find 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 number of games and their varieties online 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 number of poker players worldwide. For the year of 2005, revenues from online poker were estimated at US$200 million each month.
Blackjack, also known as twenty-one or Pontoon, is one of the best casino card games on the planet. Much of blackjack’s popularity is as a result of the mixture of chance with aspects of skill, and also the publicity that surrounds card counting The slot machine typically pays off determined by patterns of symbols visible on the front of the equipment when it stops. Modern computer technologies have resulted in several variations on the slot machine concept.
The freedom of money and time are added attractions. The internet casinos are relatively affordable to operate in terms of staff being paid, so they are 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 and 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 web pages are present on the net as well as can be deceiving. The most critical things to remember when gambling online are 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 sector that has to protect itself from the dangers of compulsive gamblers. Within the virtual world, this really is tough to enforce. A customer is able to sit in their own family room, in whatever state they decide to be in and at whatever age and gamble as much as they desire.
