The term gambling which is also known as betting is an act of using money on an event that has some uncertain outcomes with the primary intent of winning money. The three basic elements of gambling are the amount wagered, risk, and prize. Online gambling or in other words Internet gambling is a type of gambling conducted online using the internet as a medium. The first online gambling venue was opened in October 1994 which was ticketing for Liechtenstein International Lottery. Many countries restrict online gambling but legal in some states of the United States, some provinces of Canada most countries of the European Union and some in the Caribbean.
Forms:
Gambling has become one of the most popular and lucrative business on the Internet. Online Gambling took place in different forms and these are as follows:
- Poker: Online poker is the game of poker played using the Internet. Free online poker was played from the early 1990s in the form of IRC poker. The first online card room to offer real money was Planet Poker in 1998.
- Casinos: There are many large numbers of online casinos like liga898a.com, in which people can play casino games such as roulette, blackjack, baccarat and many others.
- Mobile Gambling: Mobile Gambling refers to the playing of games for money using remote devices like tablet computers, mobile phones through wireless Internet. In 2003 the first mobile gambling was launched named Mobile Lottery in the United States.
Advantages
- Convenience: Casino lovers can gamble from their own homes no matter what time of day it might be. The convenience factor is boosted when laptops, mobile phones and tablet devices allow taking all of the favorite casino games in a single moveable device.
- Comfort: The freedom and flexibility offered by online gambling allows for another benefit that is comfort.
- Global access: They allow players to play and compete with other players from around the world. This is an interesting and exciting way to meet new people.
Risk of getting scammed:
Most online gambling is safe and honest, but not all.
As everything has a good and bad effect and so its importance should be decided according to the society that whether it is affecting the society or giving some benefit to it. Since gambling is a game where people uses the money for unfair action and in this act, many families are being destroyed many people start stealing money to fulfill it and with it, there is less interaction among the people of the society and so keeping all these points in reference online gambling should be banned all over the world.