Published on 11/11/2017 16:31:26
Gambling is one of the most popular activities that is widespread among the people today. The passion and craze of gambling isn’t just limited to a particular group of people, but the same happens to extend throughout the planet. Time and again, people have involved themselves with gambling in one form or the other and this fashion of gambling doesn’t seem to have any end.
Over the time, gambling has taken a number of shapes and transformation. The scenario of gambling throughout the world has seen a drastic change and different forms of gambling have successfully entertained the gamblers throughout the ages. From the old gambling concepts of dice games and cards to the introduction of casino parlors and fruit machines – gambling, surely, has seen a number of transformations. By the time internet has come into full swing, a number of bookmaking firms came into realization that the concept of online betting has a lot of potential and the same could be utilized as a two-fold purpose – the entertainment of the gamblers as well as earning of the profits. Thus, betting exchanges such as Betdog and Betfair introduced themselves on a big platform and as a result by the year 1998 the launch of online bingo as well as various poker sites began to take a shape.
In no time, a number of gaming portals started introducing themselves online using various forms which also began to attract the gamblers in a number of ways. Thus, by the year 2012, the revenue obtained from the fashion of online gambling was estimated at around $4 billion, which was considered to be an 80 percent increase from that in the year 2009. By the end of the year 2015, the online gambling industry successfully established itself as one huge platform and the net worth of it was estimated to be at around a whopping amount of $41.4 billion.
It is therefore no wrong to say that these online gambling websites are counted among the fastest growing as well as most profitable businesses in the recent times. The keys to the business success of the concept of online gambling and its model aren’t very difficult to see. Online casinos are considered to be much more convenient than the land-based casinos and this is the reason why a number of people choose to play online over a land based casino. Moreover, the advent of some of the biggest online casino websites such as NetEntertainment, Microgaming and many others have made gambling a widespread affair and today, more and more number of gamblers are preferring these websites over the traditional land-based casinos.
Online casinos have become the newest cool in the casino industry and people are going gaga about them. The main attractions of the online casinos are nothing but their availability as well as convenience. No matter where a person is located, he can easily avail an opportunity to enjoy his game out of the numerous casino games that online casino has to offer. If we compare this concept to the traditional land based casinos, we find that the online gambling websites operate at a fraction of the cost. They do not require tangible equipment or materials to run themselves, nor do they require the lineup of hundreds of staff and hence apart from serving their gamers well, these casino websites can avail a lot of profit by saving the extra expenditure as well.
The online gaming websites are able to grant all kinds of gambling opportunities to their players. The games such as blackjack, poker, slot machines, roulette can be played easily by forming the similar strategies. As similar in the traditional casinos, the odd here too are always in favor of the house (the programmers who are behind the designing of the software). Though, the player here gets a small chance of making money in short term, however losing is always a mathematical certainty over the long term if the game continues. Not only this, the player also gets the chance to play certain slots for free.
The mobile phones and tablets have furthermore changed the entire definition of online gambling and the same have taken this concept over another level of fun and entertainment. Mobile gaming rose at a huge 75 percent in the year 2012 and the same figures increased to 84 percent in between 2013 and 2015 respectively. Today, the amount of these bets placed on the mobile devices is said to hit a gigantic amount of $100 billion. According to the records, more than 164 million people have engaged themselves in mobile devices to reach to a mobile casino, place their bet or purchase any lottery ticket. A number of players are getting attracted to the use of mobile to enjoy their games of casino and this has certainly made a huge profit. Thus, mobiles and tablets have certainly become a game changer of the gambling industry.
Not everyone could be termed as sociable, nor can everyone visit a land-based casino for one reason or the other. Thus, online casinos come forth to give a fair experience of betting and gambling to these players. The concept of online casino is ideal for all those people who look forward to maintaining their privacy as well as anonymity. Thus, if you are a person feeling more comfortable on your own, you can easily enjoy the exposure provided by these online casinos.
Gambling is becoming more accessible with each passing day. The rise of remote gambling by the way of online casinos has surely paved way for the players and gamblers to enjoy their game of casino and to further make huge profits. The companies that have established themselves online, too, are having the time of their lives for obvious reasons. Let us predict that the world of online gambling would further gear itself to reach other levels of advancement.
Please note: 18+ The full Terms and Conditions for casino offers need to be taken into consideration alongside any promotion. These can be found within the relevant promotion pages of the casino website you visit.
Gamble responsibly and in moderation. Do not consider gambling as a way of earning money, and only play with money that you can afford to lose. If you are worried about your gambling or are affected by another person's gambling behaviour, please contact GamCare or GamblersAnonymus for help.
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