Why No Government Should Have the Right to Tell Us Whether We Should Gamble Online
Online gambling is gaining popularity amongst peoples from all over the globe. Gamblers are now doubting whether they can gamble online due to laws about online gambling that are cropping up as the phenomenon spreads. Should everyone have the right to gamble online regardless of their country’s laws towards physical gambling? This question is posed to players because there are different laws for different countries. There are certain legalities to follow with respect to gambling online as the industry now deals with huge amounts of money. However despite this no government should have the right to tell its citizens whether they should gamble online or not.
As it stands now rights to play depend on the country where you live and the different laws that apply to your country. Europe is one of the biggest bases of online casino users in the world since European governments allows its people to gamble online ufabet. However, Europe is not the only place that allows online gambling, the Asian bloc is growing at an even faster rate than any other region in the world.
The United States of America has recently banned online gambling or rather banned the processing of transactions for online gambling activities. The United States banks do not allow transfer of money to online gambling companies as the state law does not permit them to do so. But the United States law is broad in the way it is written and there are ways for Americans to still gamble online. One such way is the use of the special prepaid credit card that permits the gamblers to bypass all restrictions given by the Government to limit US citizens from participating. These prepaid credit cards allow the US gamblers to play online and at the same time not break any state laws. But the majority of gamblers feel their government should not impose laws on online gambling and view using online casinos for gambling as not a crime but rather a game.
Nevertheless a lot of non-gamblers view gambling in a negative light. The reason behind this is children who are under age are using their parent’s credit cards to gamble online. The fact is that most online casinos do everything to check the age of the account holder before allowing them to gamble online. But this does not stop children from circumventing all restrictions and still gambling online. Also gamblers can get into the habit of gambling online for 24 hours a day and get addicted to it. For these reasons, governments pass laws to control online gambling. What is needed though is more investment in technology to improve the detection and prevention of underage gambling.
It has been almost two big centuries since poker which is one of the kinds of gambling was introduced and it touched new peaks lately with the introduction of online gambling. Poker has become so popular that today we have a variety of gambling sites because of the game. Sports book was the first to be published in the Internet and this was during the 90s. Thus online poker was not the first to enter the field of online gambling.
Micro gaming was the first kind of gambling to be introduced in the Internet and this was in the year 1994. Today it has grown to become a famous developer of gaming software.
Planet poker was the first entrant to the field of online gambling and this was introduced in the year 1998. This was followed by better and bigger gambling sites in the next few years. The rate structure of a maximum of $3 which is about 5% has been considered as the industry standard since its inception.
Currently we have Paradise poker who is leading the industry of gambling online and this was introduced in 1999. Dutch Boyd created Poker spot at about the same time is noteworthy. This was the first group to enter online gambling and they started online poker tournaments. This was a success until the group faced a problem in withdrawing the deposits of the players from their credit card partners. Players were not given their share of winnings as the group itself was not given the due funds. This consequently resulted in the closure of the Poker spot group.
There were about 700 such online gambling sites by the time Poker meted out a failure. A survey conducted in March 2001 revealed that about 800 million people had gambled their funds in the net. One year later, online casino produced its first millionaire, who received 1,594,649 dollars on 30 May, 2002.
After the misfortune that befell Poker spot, online gambling sites started using. This is known to be the system which funds the online gambling sites with huge funds. Players are freed from the trouble of using the wire transfer system or credit cards when they need to deposit in an online pokers site. The introduction of Neteller’s system had reduced frauds and improved the credibility and reliability of the industry.
The year 2001 was a welcoming year for online gambling with the2 big players, Poker Stars and Party Poker entering the field. Party Pokers became the top player in the industry after they overtook Paradise in the year 2003 with their strategic advertisements on the media
They also came up with Party Poker Million along with World Poker tour to attract people across the world and they succeeded in the US. The fascinating story of Mr. Chris Moneymaker also added to the growth of online poker gambling. It is said that moneymaker paid 40 dollars to get into the poker contest.