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The Ugly Side of Online Casino
Posted by admin on August 12, 2008
Online casino or virtual casino is a adaptation of the real thing , meaning you can have a total casino experience right on your computer so there is no longer any need to go to Las Vegas to play casino games such as blackjack , roulette , baccarat , video poker , slots , keno etc can do all that in the comfort of your home virtual casino has its benefits like its easy to use , its safe and secure you get all the and even more games than you would get in a real casino , online casinos offer other feature such as promotions and tournament , you also don’t always have to play for money because they also have free games which you can play for free. However online gambling has its disadvantages.
The number of online casinos is growing every day ,there are more than 1800 online casinos on the net today the and they are gaining a growing legion of supporters with recent estimates showing that every 2 weeks 2million people visit online casinos , this makes online gambling the fastest growing internet industry and has now become multi million dollar industry .
The problem with online casino is that they are making more than you are receiving because no matter how large the payouts are the online casino is making much more than that, it has been discovered that players on online casinos lose twice as fast as their counterparts in real casinos, research shows that in 2002 online casino player lost over 3.5 billion, mostly because players spend money faster online than they would do in a real casino. The grow of online gambling is a great concern world wide because compare to other addictive stuff like drugs , alcohol etc gambling is the fastest growing addiction today , with more than 15 million Americans having a gambling problem , and what is more worrying is that about 70% of teens between 13 to 17 years of age have gambled at one time or another either on online casino games or sport betting , even though the legal age restriction for gambling in America and most other countries is 18 .
Online gambling is growing and so is the addiction and if no new measures are put into place to stop or to limit the number of virtual casinos then the situation can get out of control.
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Tags: online casinos, online gambling
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