Gambling has been with us since ancient times. Gambling learn online slot gambling (listen to this podcast) 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 is currently estimated that you will find around 2,000 Internet gambling Websites 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, in accordance with Christiansen Capital Advisors (CCA).
So what is it about the online casino phenomenon which has so enticed gamblers? Perhaps it is the virtue of it simply being online. There are actually a lot of 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’s 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 several of them:
Online poker has been partly accountable 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 month.
Blackjack, generally known as twenty-one or Pontoon, is just one of the best casino card games on this 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 based upon 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 on-line casinos are relatively low-cost to operate with regards to staff being paid, so they may be able to offer players free games. Entering a blackjack room within an online casino is 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 when they are ready.
Sadly, with such a growth in popularity has come many online gambling hoaxes. Illegitimate and cheating web sites are present on the net and can 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 area that has to protect itself from the risks of compulsive gamblers. In the virtual world, this really is difficult 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 around they desire.
Caution seems to be the only key. Gambling has always been a controversial subject; gambling on the net is simply an extension of this controversy.