A Valuable Australian Research Discussion Paper on Online Gambling
Online gambling is any form of betting conducted via the internet. This includes casinos, online poker and virtual poker. The first online gambling site opened for the public, was ticket selling for the infamous Liechtenstein International Poker Tournament in 1994. Other sites such as High stakes Gambling and Online Casinos soon followed suit.
Nowadays there are literally hundreds of websites that offer online gambling including high stakes Gambling, Online Casinos, Flash cards and Ladder Poker amongst others. With every new site that opens another ‘playing field’ opens up and different types of betting are made available. Some online gambling sites offer table games such as Blackjack, Craps, Poker, Slots and Keno among others. Some sites offer no table games and you play for money over the internet with no risk involved.
Many online casinos allow players to play against each other for fun and therefore no monetary value is gained or lost. Real money is wagered on these table games and the outcome is permanent. Gambling can be divided into blackjack, roulette and baccarat among many others. Many online gambling sites provide a variety of games for players to choose from; this ensures everyone has something to do.
There are hundreds of reasons as to why online gambling is beneficial. The biggest benefit is obviously the ease and convenience it offers. No longer do players need to go to and from a real casino. Players can now gamble at their own convenience and in their own time, making online gambling sites far more appealing than normal live casinos. In addition, players now have access to a vast array of poker software, every casino in the world has it and players can bet on any game they desire.
Another benefit of online gambling is that there is no legal gambling content, so you don’t have to worry about anything illegal taking place. This is great news for people who want to gamble but aren’t willing to partake in illegal activities, which is ideal. In addition, there is no financial investment needed either, which allows gamblers from all around the world to take part. This Australian research discussion paper highlights that the benefits of online gambling are numerous.
As previously mentioned, online gambling allows players from around the world to participate in a game whenever they choose. They no longer have to restrict themselves to betting at a specific establishment or location because it is too inconvenient. Furthermore, players can set their own limits as to how much they wager, which means they can increase or decrease their stakes any time. They can also place limits on when they want to end a game, which is an added incentive to play. All of these factors contribute to online gambling being one of the best ways to earn some extra cash.