Online Gambling Versus Traditional Gambling

There are many different forms of gambling from betting at the horse races or for your favourite sports teams or trying your chance at a casino game. And with today’s age of the computer you can gamble online at any of the many online sporting or casino websites. So how does online gambling compare to traditional gambling.

For starters, online gambling can be done in the comfort of your own home providing you have a computer with an active internet connection and use of a credit or debit card. And so there is little or no travel involved. Traditional gambling requires travel to the gambling site. And many people have enjoyed a gambling opportunity at Las Vegas or Atlantic City or just at their local casino or race track.

Secondly, you have to join up with the gambling website you are interested which means filling in a form and is usually free. You do not have to join or fill in any of your details with traditional gambling.

Thirdly, you can concentrate completely on your online game because there are no noisy people, no cigarette smoke and no drunken people which could annoy you. You have the peace and quiet of your own home if you desire. However with traditional gambling you are around like minded people doing the same thing and this creates atmosphere. It is a chance to get out and socialise with friends and have an enjoyable outing.

Fourthly, as each online website is competing against each other then they offer bonuses in order to entice people to join their website. And the bonuses can be large depending on the amount of money you bid eg large amounts of money or free holiday somewhere.
Do you get bonuses at traditional gambling locations? No

Fifthly, with online gambling websites, you are not obliged to tip employees. In real casinos for example, you will be obliged to tip waiters, dealers and other employees for a better service. This however could vary between different countries.

Sixthly, the online casino gambling experience may even surpass the physical casino experience as they have very strict rules and regulations.

Lastly, on online gambling websites your money is safe in the account you set up as they have high security. This is as long as you have taken your own safety precautions with antispyware and antivirus protection installed on your computer and that you have joined a licensed and regulated online gambling website. With traditional gambling you could run the risk of your money being stolen, so you just need to look after your money carefully.

These are the seven points comparing online gambling with traditional gambling. They each have a place depending on whether you want to go out for the night with friends or gamble quietly in your own home for as little or long as you like.

US Gambling Statistics Show Online Gambling Fun For Some, Dangerous For Others!

In the United States, gambling statistics show that live and online gambling has generated as much as $91 billion per year (as of 2006). The industry is responsible for billions more in related tourist income as well as the economic benefit of hundreds of thousands of jobs. In some states, gambling through lotteries is even used to raise money for college scholarships or much-needed infrastructure projects.

When it comes to the gambling statistics related to what kinds of games Americans are playing, there might be some surprises. While commercial casinos still take in the largest share of legal gambling revenue (43% in 2000), and lotteries take second place (28% in 2000), online gambling is estimated to bring in an amount that is roughly equal to what is spent in Indian casinos each year. As the internet reaches more homes, so does online gambling. And unfortunately, so do some of the possible negative side effects.

People who oppose gambling in general believe that it brings higher crime rates to an area. Of course, this isn’t eligible for online gambling, unless you consider the possibility of your financial information being misused or hacked. But this risk isn’t any greater with online gambling than with online shopping or bill paying.

What is a concern is compulsive gambling. Some statistics on online gambling have shown that about ½ of 1% of the population may have a problem with compulsive gambling. True compulsive gambling means that the person cannot control their impulse to make the next bet, even when they are risking their job, home, health, or relationships. And United States gambling statistics show that people are twice as likely to become addicted to gambling when a casino is located within 50 miles of their home. With the advent of online casinos, there is no longer any true distance at all between a gambler and a casino, meaning more people have the potential to become addicted to their favorite online gambling game at a higher rate than to live gambling or playing the lottery. This has lead opponents of online gaming to call it the ‘crack cocaine’ of the gambling world.

This problem has a serious impact for those who suffer from it, with compulsive gambling statistics showing that as much as 48% of the members of Gamblers Anonymous have considered suicide. And of those, more than 10% report having made a suicide attempt.

Plus, some opponents fear that there is a great deal of opportunity for money laundering and organized crime via online casinos. Since the US doesn’t allow any of them to be located in the country, companies have set up shop in foreign countries with questionable, if any, regulations. Some fear that US online gamblers may be unknowingly contributing to criminal activity.

However, for the majority of us, compulsive gambling statistics don’t apply. Online gambling is just another way to enjoy the internet, and perhaps to even earn some extra spending money! If you are able to set a limit on the amount you spend and stick to it, and if you don’t endanger yours or your family’s financial well being with the limit you set, then chances are you will not become one of the negative gambling statistics. But if you do ever find that your online gambling affects your work, your family, your health, your finances, or your social life, then you may need to seek some professional help.