Notes

Online Gambling
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Online casinos offer a wide range of games for players, such as Craps, Blackjack, Roulette and Blackjack. These games are played against the house, which can earn you cash because the odds are somewhat towards their side. Websites that are not reputable may offer rigged games that are more mathematically fair than they seem.

Poker online

There are plenty of online poker rooms which offer a variety of games like Poker, most commonly Texas hold'em, but also Omaha seven-card stud and other game types. The "house" earns money by charging the "rake", and players play against one another.

computer betting online

Fixed-odds betting is provided by a variety of major bookmakers on the internet. Bettors often bet on sporting events.
An internet-based innovation that is relatively new is the bet exchange, which lets people place bets with each other (with the "house" receiving an enticing commission).

Transfer of funds

Typically, gamblers deposit funds to an online gambling company, make bets or play the games that it offers, and then pay out winnings. European gamblers usually have the option to pay for their gambling accounts using the use of a credit or debit card and then transfer any winnings back onto their card.
Due to the questionable legality of online gambling within the United States, however, U.S. credit cards frequently fail to be accepted. However there are intermediary businesses like Moneybookers, Neteller and Firepay which allow online gambling to be funded. Online poker operators and casino rooms usually offer rewards for using these 'alternative payment options'.
You can pay via wire transfer or cheque.

General legal concerns

Gambling online is legal and controlled in a variety of nations which include the United Kingdom, and many nations in the Caribbean Sea.
The United States Federal Appeals Courts has declared that the Federal Wire Act prohibits electronic transfer of information regarding betting on sports across state lines. Gambling of any kind is permitted.
Online gambling is prohibited in some states. Also, owning an online gaming operation without a license is unlawful, and there are no states that are currently granting licenses for online gaming.
our site of Antigua and Barbuda that licenses Internet gambling entities, made an official complaint to the World Trade Organization about the U.S. government's actions to stop the online gambling.

Although the Caribbean country prevailed in the initial ruling, the WTO's appeals panel partially reversed its favorable April 2005 ruling. The appeals panel's decision allowed states to ban gambling in Louisiana, Massachusetts, South Dakota and Utah. However, the appeals panel also concluded that the United States may be violating the rules of trade globally due to its laws regarding horse racing bets did not apply equally to domestic and foreign online betting companies. The panel also ruled that some gambling regulations that were imposed by US federal laws were inconsistent with the body's GATS services agreement.

In March 2003 In March 2003, Deputy Attorney General John G. Malcolm testified before the Senate Banking Committee regarding the special problems presented by gambling on the internet. Money laundering online is a major concern for the United States Department of Justice. The anonymous nature of the Internet and the use of encryption make it particularly difficult to trace online transactions for money laundering.

In April 2004 Google and Yahoo!, the internet's two largest search engines, announced that they were removing online gambling advertising from their sites. This was in response to a United States Department of Justice announcement. Many believe that this is in contradiction to the Appeals Court ruling. The Wire Act relating telephone betting is applicable to all types of Internet gaming , and any promotion of such gambling may be viewed as aiding or abetting. Some critics of the Justice Department's move say that there is no legal basis to force companies to remove advertisements and that they are protected under the First Amendment. Yahoo! Yahoo! has provided advertisements to on-line "play money" gaming from April 2005.


The North Dakota House of Representatives approved an act in February 2005 that would legalize and regulate online gambling and cardroom operators. The Chief Executive Officer of Paradise Poker, an online poker site, testified before the State Senate and promised to relocate to the state in the event that the bill became law. The bill was defeated by the State Senate in March 2005. Jim Kasper, the Representative who authored the bill, is planning a ballot initiative in 2006 regarding the issue.

Problem gambling

The internet brings gambling to the home of the player and raises concerns over the likelihood that it could lead to increased problem gambling. In the United States, the link between the availability of gambling and gambling problems was studied in 1999 in the National Gambling Impact Study, which concluded that "the presence of a gambling establishment within 50 miles approximately doubles the number of problematic or pathological gamblers". If this finding is correct, it is reasonable to expect that easy access to online gambling would be a major factor in the increase of problem gambling.

The same report also noted that "high-speed instant gratification that is offered by Internet games, as well as the security they offer, may lead to problem and pathological gambling." Bernie Horn of the National Coalition Against Legalized Gambling has testified before Congress that gambling online "magnifies" the addictive potential of addiction.




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