Notes

Gambling Online
Casinos Online

Online casinos offer a wide range of casino games, including Craps, Blackjack, Roulette and Blackjack. These games are against the house, which earns cash because the odds are somewhat towards their side. Some unscrupulous sites have been proven to have manipulative games that are not as mathematically fair as they appear.

Online poker

There are a large number of online poker rooms which provide a variety of games of Poker which include Texas hold'em, however, there are also Omaha, Seven-card stud, and various other types of games. Poker players compete against one another and the "house" making money through the "rake".

Sports betting online

Many major bookmakers offer fixed odds gambling over the internet and gamblers usually bet on the results of sporting events.
A relatively new internet innovation is the bet exchange which allows individuals to make bets against one another (with the "house" receiving small percentage).

find here of funds

Gamblers usually deposit money to an online casino site before placing bets and play the games it offers. They then cash out any winnings. visit are able to be able to fund their gambling accounts with a credit card or debit card, and cash out winnings directly to the card.
Because of the questionable legality of online gambling in the United States, however, U.S. credit cards frequently not accepted. However there are some intermediary companies such as Moneybookers, Neteller and Firepay which allow online gambling to be funded. Casino operators and online poker rooms often offer incentives for the use of these 'alternative payment methods'.
The payment method of cheque or wire transfer is also a common method of payment.


General legal concerns

The legality of online gambling is licensed in many countries, including the United Kingdom, and many nations around the Caribbean Sea.
The United States Federal Appeals Courts have ruled that the electronic transmission of information for wagering on sports that crosses state lines is forbidden by the Federal Wire Act. There isn't a law prohibiting gambling of any other type.
Gambling online is illegal in certain states. Gaming operations online that are not licensed would be illegal. Currently the state does not grant licenses for online gaming.
Antigua and Barbuda's government, which is licensed Internet gambling entities, filed a complaint with the World Trade Organization regarding the U.S. government’s attempts to stop gambling online.

The Caribbean country was the first to win the initial ruling, but the WTO's appeals committee has partially reversed the favorable ruling in April, 2005. The appeals panel's decision allowed states laws that prohibit betting on horses within Louisiana, Massachusetts, South Dakota and Utah. The appeals panel also concluded that the United States may be violating the rules of trade globally because its laws regulating horse-racing bets were not applied equitably to both domestic and foreign betting businesses on the internet. A panel of experts concluded that the restrictions on online gambling imposed in US federal law are incompatible with the GATS's service agreement.

In March 2003 In March 2003, Deputy Attorney General John G. Malcolm testified before the Senate Banking Committee regarding the particular issues posed by online gambling. A major concern of the United States Department of Justice is online money laundering. The anonymity of the Internet and the use of encryption makes it especially difficult to trace online money laundering transactions.

In April 2004, Google and Yahoo!, the internet's two most popular search engines, announced that they were going to remove online gambling advertising from their sites. The announcement was made in response to an United States Department of Justice announcement. Some believe it is a violation of the Appeals Court ruling. The Wire Act relating telephone betting is applicable to all types of Internet gambling and any advertisement related to gambling could be considered as aiding or abetting. Critics claim that the Justice Department's decision is unlawful and shouldn't be used as a way to force companies to remove their advertisements. The First Amendment protects the advertisements. Yahoo! Yahoo! has provided advertising for on-line "play money" games since April.

In February 2005, the North Dakota House of Representatives passed a bill to legalize and regulate online poker and online poker cardroom operators within the State. While testifying before the State Senate, the CEO of one online cardroom, Paradise Poker, pledged to relocate to the state if the bill was passed into law. The measure was rejected by the State Senate in March 2005. Jim Kasper, the Representative who sponsored the bill, proposes a ballot initiative for 2006 regarding the issue.

Problem gambling

Online gambling brings gambling into the house of the gambler, raising concerns about the possibility that it will result in an increase in problem gambling. In the United States, the link between gambling availability and problematic gambling was examined in 1999 by the National Gambling Impact Study, which concluded that "the presence of a gambling facility within 50 miles roughly doubles the amount of problem or gambling addicts". If play games for real money is true then it's reasonable to expect that easy access to gambling online would also increase problem gambling.

The report also mentioned the possibility that "the rapid instant gratification at high speed of Internet games and the level of privacy they offer may exacerbate problem and pathological gambling". Bernie Horn of the National Coalition Against Legalized Gambling testified before Congress that gambling online "magnifies" the addictive potential of the addiction.




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