Why Online Gambling Continues to Grow

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 is currently estimated that there are well over 2,000 Internet gambling Web 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, according to 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 online. There are so many 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 is the choice of games. The number of games and their varieties online are astounding. Poker, blackjack, roulette or sports gambling, online casinos offer them all. Lets take a look at a few of them:Online poker has been partly responsible 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 known as twenty-one or Pontoon, is one of the most popular casino card games in the world. 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 based on patterns of symbols visible on the front of the machine when it stops. Modern computer technology has resulted in many variations on the slot machine concept.The freedom of time and money are added attractions. The online casinos are relatively inexpensive 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 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 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 websites are present on the net and can be deceiving. The most important 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 is far harder to control. The industry that has to protect itself from the dangers of compulsive gamblers. In the virtual world, this is hard to enforce. A customer is able to sit in their own living room, in whatever state they choose to be in and at whatever age and gamble as much as they desire.Caution seems to be the only key. Gambling has always been a controversial subject; gambling on the internet is simply an extension of this controversy.

Setting the Limits to Casino Gambling

Gambling has been around for a very long time and has evolved into different forms depending on the culture it was found in. It has also just recently found its way into the world of cyber space. With the advent of online casino gambling, first timers and frequent gamblers are able to play their favorite pastime with much accessibility. And unfortunately, compulsive gamblers are also able to access their addiction within the tips of their fingers. All that they actually need is a computer, an internet access, and valid credit cards to go casino gambling.While casino gambling could be used primarily as a form of entertainment, gamblers need to have a certain amount of responsibility in order to go about playing without being lured into the same trap as those who have found themselves to be compulsive gamblers. Of course, there are those people who still deny that they are compulsive gamblers despite the apparent manifestations such as problems with work and family. Among the problems that would definitely arise from an addiction is of course, the financial aspect of it. For those who might want to venture in this “form of entertainment”, they continually have to remain vigilant about their own attitude about the game. For if not, they would probably find themselves in the same situation as compulsive gamblers.The first sign that one is starting to get addicted to casino gambling is when the player cannot control the amount of money that is being risked. Players have to set a limit to the amount of money they would want to spend. That is, before they actually play at a casino, they need to have a fixed amount of money that they intend or are comfortable to lose. Although it is also good that players think about what they consider to be a definition of winning in a casino, losing is what proves to be more detrimental between the two.This is probably the most important thing to consider in casino gambling – to know how much money you can actually gamble. Players who do not set specific limits to the amount of money they are willing to lose, usually find themselves taking out more money than they had expected. Usually, this in the hope of winning back what they had just lost. Since gambling is based almost entirely on probability, it is far easier for a person to say that it just wasn’t his day when there is a specified limit. It helps to determine a criteria for one to say that “I have to stop” because by having no criteria at all, there is nothing to cue that person to stop.Other signs such as borrowing money to pay back losses, absenteeism from work, deteriorating relationships with family and friends, as well as others, already indicate that there already is a problem with the attitude of the person as regards casino gambling in the first place. They do not have to go that far if they did not, would they?Casino gambling could be so much fun, if only certain limits would be set. Other forms of recreation also need to have limits such as family outings, camping trips, and other vacations. There is a definite limit to the length of the vacation, as much as we would want to continue doing so forever. I think the same goes with casino gambling. Everything is perfectly alright, so long as they all come in moderation.

What You Need To Know About Casinos

In earlier times, casinos referred to a small villa or outhouse built on the grounds of a larger Italian villa or palazzo. These were built specifically to house entertaining activities. Since the 19th century, the meaning of the word casino changed completely. Casinos then included public buildings where leisure activities such as gambling and sports were housed.A casino refers to a building that allows all sorts of gambling games and activities. Players may gamble by playing slot machines or board games. Whether a player plays directly with the casino or with another fellow player, the casino has a predetermined stake in all the winnings. In the latter case, the set amount is known as commission.It is important to realize that casinos do not create wealth. Casinos by themselves cannot generate revenue. However, they are institutions where wealth is usually transferred. In the gambling business, a set amount of money is spent with the possibility of winning more money. In relation to casino income, most of it is money that has transferred from the players’ hands to the casino.Spending in casinos leaves people with less money to use in other markets. This directly affects the economy of the players, who may be from any part of the world. Gambling is a habit-forming activity. At times, this addiction could lead to bankruptcy. Some people are known to have resorted to criminal activities, including theft and burglary to support their fondness for gambling.The possibility of easily multiplying their wealth attracts people to casinos. At times, mere curiosity makes people enter a casino for the first time. Other people may just do it for some quick cash. A number of people start gambling with minimal cash at first. Hence the chances of suffering greater losses are reduced. However, a good winning streak can make a person an addict for life.