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Gambling has been with us since ancient times. Gambling online is a relatively new phenomenon and one that appears 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 really is currently estimated that you can find approximately 2,000 Internet gambling Internet sites offering various wagering options, Visit http://www.jit.edu.gh 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, as outlined by 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. You can find 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 really is the choice of games. The range 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 number of of them:

Online poker has been partly responsible for a dramatic rise in the number of poker players worldwide. For the year of 2005, revenues from online poker were estimated at US$200 million every month.

Blackjack, generally known as twenty-one or Pontoon, is one of the most popular casino card games worldwide. Much of blackjack’s popularity is due to the mix of chance with aspects of skill, as well as the publicity that surrounds card counting The slot machine typically pays off according to patterns of symbols visible on the front of the machine when it stops. Modern computer technologies have resulted in several variations on the slot machine concept.

The freedom of money and time are added attractions. The internet casinos are relatively low-cost to use with regards to staff being paid, so they can be able to offer players free games. Entering a blackjack room within an online casino can be very different to approaching a blackjack table in a land based casino. The speed and intimidation may be high when playing in a ritzy casino. Crucial decisions are made quickly as well as 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 web sites are present on the net and can be deceiving. The most significant things to remember when gambling online will be the three elements of consideration, prize and chance. All three should be present.

The problem with online gambling is that it’s far harder to control. The industry that has to protect itself from the dangers of compulsive gamblers. Within the virtual world, this really is difficult to enforce. A customer is able to sit within their own family room, in what ever state they choose to be in and at what ever age and gamble around they desire.