The world’s first online gambling company was Internet Casinos Inc. (ICI) which started operating on 18 August 1995 with 18 different poker qq games. As the internet started to grow, the business of online gambling also took the uphill and since then, many companies or websites are now in the race this market; and as per the data, the no of gamblers have crossed 14.5 million in the number and $3 billion in terms of annual revenue. So it is now a serious business and attracts investors to invest in the growth of the business.
Addiction to online gambling
As we know that any gambler can gamble by sitting at home, have to log in to the websites, and thus can earn money from anywhere and in no time, but this has lead to the addiction to gambling among people, which is a topic of concern but if it is done in a controlled way it can help earn money. Just like poker qq casino uses chips or money, online gaming is also based on the same platform. Still, here an individual can pay online using a debit or credit card, which is an advantage of online gambling, and thus it is popular among people.
Rules regarding the minors
One thing online gambling has proved is that it is easily accessible by any individual. It manages the crowd better than our casinos and increases the time of gambling because the casinos and the other gambling sources had limited operating time. Still, nowadays, in online gambling, there is no case.
So it became necessary for the governments to make some laws regarding it to avoid any illegal practices. One of its rules states that the children or individual under some certain age is banned or you can say prohibited from online gambling. It makes sure that gambling remains enjoyable at the same time a healthy game of earning money.
Some reality of online gambling
Every individual who gambles knows the involvements of risks in online gambling, but do you know what major risk here is? Risk of fraud, Yes it remains one of the fears of people gambling online because everyone in the world wants to earn more and more money, and this gives the chances to anglers to fish the money out of people because it is done behind the screens of computers. It is hard to recognize fraudulent people. Some techniques used commonly by scammers are fraud with the credit card and refusing to pay the winners.
It is undoubtedly a quick way to earn money, and we need to remain cautious regarding the gambling done online and should have plans if one wants to increase the chances of winning and to look for only legalized sites or companies of online gambling instead of throwing off their all money into gambling. Thus online gambling has proved itself by becoming one of the booming sectors everyone has their eyes on.
