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 there are actually well over 2,000 Internet gambling Internet 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 which has so enticed gamblers? Perhaps it’s the virtue of it simply being online. You will find numerous 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 is the choice of games. The range 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 number of poker players worldwide. For the year of 2005, revenues from online poker were estimated at US$200 million per month.

Blackjack, also referred to as twenty-one or Pontoon, is one of the best casino card games on the globe. Much of blackjack’s popularity is as a result of the mix of chance with elements of skill, and also the publicity that surrounds card counting The trusted slot (Check Out http://www.veoh.com) machine typically pays off based upon patterns of symbols visible on the front of the machine when it stops. Modern computer technologies have resulted in many variations on the slot machine concept.

The freedom of money and time are added attractions. The internet casinos are relatively cost-effective to use in terms of staff being paid, so they’re able to offer players free games. Entering a blackjack room in an online casino is very different to approaching a blackjack table in a land based casino. The speed and intimidation can 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 will be deceiving. The most critical things to remember when gambling online are the three aspects of consideration, prize and chance. All three should be present.

The problem with online gambling is that it is far harder to control. The industry which has to protect itself from the dangers of compulsive gamblers. In the virtual world, this really is challenging to enforce. A customer is able to sit in their own family room, in whatever state they choose to be in and at what ever age and gamble just as much as they desire.

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