Gambling has been with us since ancient times. Gambling online lottery is a relatively new phenomenon and one that seems 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 there are in excess of 2,000 Internet gambling Websites offering various wagering options, 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, in accordance with Christiansen Capital Advisors (CCA).

So what is it about the online casino phenomenon which has so enticed gamblers? Perhaps it is the virtue of it simply being online. You can find a lot of attractions to not having to attend a casino to gamble. The most prominent of these will be 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 number 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 few of them:

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

Blackjack, also known as twenty-one or Pontoon, is just one of the best casino card games worldwide. Much of blackjack’s popularity is because of the mixture of chance with elements of skill, and the publicity that surrounds card counting The slot machine typically pays off determined by patterns of symbols visible on the front of the equipment when it stops. Modern computer technologies have resulted in many variations on the slot machine concept.

The freedom of time and expense are added attractions. The on-line casinos are relatively cost-effective to operate with regard to staff being paid, so they can be able to offer players free games. Entering a blackjack room in an online casino is quite different to approaching a blackjack table in a land based casino. The speed and intimidation can be high when playing in a ritzy casino. Crucial decisions are made quickly and also on the spot. At home, the player is able to slow down and play only once 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 aspects of consideration, prize and chance. All three should be present.

The problem with online gambling is that it is 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.