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 first online gambling site was launched in August 1995. It really is currently estimated that there are actually well over 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 is the virtue of it simply being great online slot gambling agent. There are actually 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 online are astounding. Poker, blackjack, roulette or sports gambling, online casinos offer all of them. Lets take a look-at a couple of of them:

Online poker has been partly accountable for a dramatic increase in the range of poker players worldwide. For the year of 2005, revenues from online poker were estimated at US$200 million every month.

Blackjack, better known as twenty-one or Pontoon, is one of the most popular casino card games on the globe. Much of blackjack’s popularity is because of 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 lots of variations on the slot machine concept.

The freedom of time and expense are added attractions. The internet casinos are relatively affordable to use in terms of staff being paid, so they can be 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 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 be deceiving. The most critical things to remember when gambling online will be the three aspects of consideration, prize and chance. All three should be present.

The problem with online gambling is the fact that it is far harder to control. The industry which 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 within their own living room, in whatever state they choose to be in and at whatever age and gamble around they desire.

Caution seems to be the only key. Gambling happens to be a controversial subject; gambling on the internet is simply an extension of this controversy.