The opportunities of online gambling

With the development of new information and communication technologies , above all computers and the internet, new forms of online commerce have emerged. The gambling industry began using the
power of the rapidly developing virtual market by offering its services in online casinos. The phenomenon of online gambling has encouraged researchers to direct their work into various areas, including the characteristics or profile of online gamblers. In light of the data on the growth
of the market for online gambling it is evident that, in the relation between the many types of traditional and online gambling, visits to traditional casinos predominate, as do predictions about the development of the internet. 

Gambling has many different meanings depending on the cultural and historical context in which it is used. In western society, it usually has an economic definition, referring to ‘wagering money or something of material value on an event within an uncertain outcome with the primary intent of winning additional money or material goods’. Typically the outcome of the wager is evident within a short period of time Cabot (1999) defines gambling as any activity in which a person risks something of value on the outcome of an uncertain event, in which the bettor does not exercise any
control or is determined predominantly by chance. The notion of online gambling is, like the phenomenon itself, relatively new. In the relevant literature the following expressions that describe
gambling over the internet can be found: ‘online gambling’, ‘internet gambling’, ‘casino gaming on the internet’, ‘cyber gambling’, ‘online wagering’ or ‘remote gambling’. It should be noted here that two main types of gambling occur on the internet: gaming (casino style games) and betting or wagering (racing and sports events). The generic term ‘gambling’ refers to both types. 

In the context of this research and article, we will use the term ‘online gambling’ to mean playing casino style games over the internet.

Online gambling is possible via two technologies: the internet and digital television. It is characterized by three factors: electronic operation, service-based organization in the field of gambling, and consumers (or buyers) of gambling services. In the paper we speak of online gambling
when the key activities typical for games of chance (usually taking place in a traditional casino) occur in the virtual space with the help of the internet. To realize the idea of an online casino, a suitable piece of technology is required which represents a complex information solution. A basic requirement for an online casino provider or an online games provider is to have a relatively powerful server, appropriate software and suitable support activities, all interconnected in a logical way that creates a unified and integrated system. On the other hand, a player needs a computer equipped with software that allows access to the internet and supports graphically demanding programs. The link between the two is the internet – a virtual medium between the casino and the player.

We can establish that online gambling is a global activity, from both a technological and an organizational viewpoint. In terms of technology, this is understandable because it works via the internet; in terms of organization, this is less evident. The cause of such an ‘organizational globality’
rests in the indeterminacy of the legal operating of online gambling. Due to the lack or even absence of regulation, online casinos have discovered means of operating out of several countries simultaneously. As certain authors indicate online casinos often carry out their activities such that they have their headquarters, server for games and support centres dispersed over various locations in several countries, depending on the regulations of each individual country.

Getting Started Gambling Online

Having access to a casino from the comfort of your own home means you don’t have to travel to play and win at gambling. Because many of the online casinos offer games as good as, or even more favorable than the Las Vegas versions of the games, it is much easier to find a superior version of a game online than in many land-based casinos. Besides the convenience of online play, a huge reason to play online is profitability. Our approach to online gambling is to limit our play to games we understand and for which we have proven winning strategies. Using our approach to online gambling means that you can quickly amass large profits playing online.

Because online games are much faster than games in land-based casinos, your profit per hour of play will be much higher when playing online. While 50 to 60 rounds of play an hour would be an average rate of play at a roulette games in a land-based casino , speeds of 200, 300 or even 400 rounds of play per hour are the norm in online casinos. With convenience and high profitability possible, you have two strong reasons to become an online gambler and develop a significant source of profits.

Casinos making the final cut are only a comparative handful of the total online casinos. While picking a suitable casino can be a matter of individual choice, there are a number of attributes that are important before you risk any money playing in a casino. Playing in a well known casino with a good record of dealing with its customers is very important. Casinos with numerous unresolved complaints were eliminated from consideration.

DO YOU PREFER PLAYING ROULETTE?

Roulette is perhaps the best known and most widespread game of chance. This surprisingly straightforward game has been featured in so many stories, films and fantasies. Yet all it boils down to is guessing the number where the ball will come to a stop... That may sound simple, but the excitement mounts as the ball rolls!

The Origins of the Game

The French mathematician Blaise Pascal is often credited with inventing roulette, but this is not true. It is thought to have originated in 17th century Italy. The German encyclopaedia, Meyers Lexikon,

lists roulette as Italian roulette in around 1900. Roulette can probably trace its original roots back to the mediaeval Wheel of Fortune.

Evolving Further

Roulette reached France during the 18th century, where Louis XV tried in vain to ban it. In 1806, Napoleon Bonaparte restricted gambling to the gambling halls within the Palais Royal in Paris. It was also in France that the process developed into essentially what it is today: the croupier drops the ball against the direction in which the wheel is turning. Once he has declared “No more bets, please”, no more bets can be placed. The game is essentially exactly the same all around the world.

Famous

Attempts to ban the game may have contributed to making it so famous. From the Russian

author Dostoyevsky, who was addicted to roulette and took it as the basis for his

novel ‘The Gambler’, to cinematic works about the gambling wheel, roulette exerts a definite

fascination. As the physicist Stephen Hawking puts it: “All the evidence shows that God

was actually quite a gambler, and the universe is a great casino, where dice are thrown, and roulette wheels spin on every occasion.”

What is the history of slot machines?

Do you know that online slots are future machines of land based games?

While many other casino games have disputable roots, slot machines are the youngest of the games and their history can therefore be clearly traced back. Brooklyn, New York was the location for the development of the first slot machine in 1891 when Sittman and Pitt Company designed a gambling machine that is considered by many to be the predecessor to the modern day version.

This first slot machine contained five drums which held fifty card faces, and was based on the game of poker – the poker combinations determined the payout. The fifty symbols were divided between the five drums and the wheels would spin when a player placed a nickel in the slot and pulled down on the lever. The display at the end of the spin would determine whether the player won or not.

These early machines, however, did not make actual cash payouts. Generally the prizes would be in the form of goods from the bar in which the machine was located and would also depend on the quality of the hand displayed on the drums. The prizes probably took the form of a drink from the bar, a packet of cigarettes or a cigar.

These machines were extremely popular and within a short period of time nearly every bar in the city was hosting one. In order to further increase the odds for the house, two cards were occasionally removed from the deck – the Ten of Spades and the Jack of Hearts. The drums could also be moved around in order to further decrease the player’s winning potential.

Charles Fey is undoubtedly the Father of Slot Machines. Fey was a German immigrant to the United States and settled in New Jersey and then later in California. Fey was diagnosed with TB in his twenties and the doctors only gave him one year to live. Not only did Fey prove them totally wrong, he also managed to become a legend in the gambling world and lived to a healthy age.

In the late 1880's Fey developed what was known as the modern day slot machine. Fey created the first machine which was named Liberty Bell from his workshop in San Francisco in 1887. In size, Liberty Bell was slightly smaller than today’s slot machines, but the content was basically the same – 3 reels and 20 symbols which worked in the same manner as the current version.

The popularity of the Liberty Bell was enormous and fast-spreading. Soon Fey was mass producing the machines and had to work intense overtime in his workshop to meet the demands of the orders. The machine featured symbols such as bells, horseshoes, stars and the symbols found on cards – hearts, diamonds, spades and clubs. The machines were programmed to accept 5 cent coins and the payouts would depend on the results displayed on the spun reels – 2 coins for hitting the 2 horseshoes and up to as many as 20 coins for hitting three bells. Of course, there were many other variations in between.

Fey was not only a creator but also a very clever entrepreneur. Capitalizing on the success of his creation, Fey decided to rent out the machines to gambling venues at a 50% commission rate. Fey flatly refused to sell the manufacturing and distribution rights to anyone even though he was approached by several gambling manufacturers.

The start of the 1980s saw the birth of the computerized era of slot machines. Sircoma, a new company in the field, produced a video poker slot machine which caused a sensation in the industry. At first many players were wary of the video aspect of the machine, as they felt that they could not fully trust the fact that they could not see the reels spinning. These apprehensions soon disappeared when the success of the machine became apparent.

The computerized era also meant that players were presented with a wider range of choices and options. Machines now accepted bills so players no longer needed small change in order to play. Ultimately this meant that players could spend longer at the machine and less time in money changing queues.

Other machines were developed which allowed a player to choose from a selection of games from the same machine. These slot machines were becoming an all-inclusive gambling destination and which meant that players did not need to walk around the casino floor looking for different games. Bonus features were also added which enabled a player to have a chance to win more money, besides the already staggering jackpot prizes that most of the slot machines offered.

Why online gambling moves into top gear

Online gambling has risen dramatically. I can surely say it. Under this spectrum, a player does not have to rush downtown to casino kiosks as online gaming is made available via computers, smart phone or tablets. This in essence means that one is not restricted to place or time when to play these games. It doesn’t matter whether it’s in an office, homes or friend’s apartment.

More often than not, online casinos will guarantee its clients with a free help and guiding principle as well as free trial games to their new clients. This will give armatures able time to comprehend the games offered before involving in real money betting.

Another reason of online gambling popularity is abundance of bonuses and promotions. In some casinos they are awesome!!!For the new clients, they are accorded with initial deposit bonus which matches the percentage given. This is not all as both the second and third deposits will attract bonuses too. For devoted gamblers, online casinos will accord them with comp point bonuses which involve the redemption of accumulated comp points. These bonuses are in terms of free cash that is deposited in your accounts. Some casinos also guarantee their clients with reload bonuses that are acquired once a player tops his account.

And of course my favorite reason is a choice of online games. Blackjack, slots, roulette, different types of poker. Online casino gaming will provide an array of games to choose from. It incorporates fortune games such as roulette and slot machines. Other challenging games like poker would call for some art skills. More often than not, online casino games would provide you with different slots that would make you day one to remember. There is also a ranging card games that are expandable. My opininon is that online gambling moves into top gear every day and night.