Gambling has been with us since ancient times. Gambling online is a relatively new phenomenon and one that seems to be growing in popularity on a daily basis. Take a look at these facts:

The very first online gambling site was launched in August 1995. It is currently estimated that you can find well over 2,000 Internet gambling Internet sites offering various wagering options, including sports betting, casino games, lotteries and bingo.

Internet gambling revenue in 2005 was estimated at $11.9 billion and is projected to double by 2010, according to Christiansen Capital Advisors (CCA).

So what is it about the online casino phenomenon which has so enticed gamblers? Perhaps it really is the virtue of it simply being online. There are a lot of attractions to not having to attend a casino to gamble. The most prominent of these will be the intimidation. Online gambling opens up a whole host of games to players who previously never had the courage or interest in observing tables in a land based casino.

Then it is the choice of games. The range of games and their varieties online are astounding. Poker, blackjack, roulette or sports gambling, online casinos offer them all. Lets take a look-at a few of them:

Online poker has been partly responsible for a dramatic rise in the range of poker players worldwide. For the year of 2005, revenues from online poker were estimated at US$200 million each month.

Blackjack, trusted lotto dealers also known as twenty-one or Pontoon, is just one of the most common casino card games on earth. Much of blackjack’s popularity is due to the blend of chance with elements of skill, and the publicity that surrounds card counting The slot machine typically pays off based on patterns of symbols visible on the front of the equipment when it stops. Modern computer technology has resulted in several variations on the slot machine concept.

The freedom of time and money are added attractions. The internet casinos are relatively affordable to operate with regard to staff being paid, so they can be able to offer players free games. Entering a blackjack room in an online casino is very different to approaching a blackjack table in a land based casino. The speed and intimidation can be high when playing in a ritzy casino. Crucial decisions are made quickly and also on the spot. At home, the player is able to slow down and play only when they are ready.

Sadly, with such a growth in popularity has come many online gambling hoaxes. Illegitimate and cheating web sites are present on the net and will be deceiving. The most important things to remember when gambling online will be the three aspects of consideration, prize and chance. All three should be present.

The problem with online gambling is that it is far harder to control. The industry which has to protect itself from the risks of compulsive gamblers. In the virtual world, this really is hard to enforce. A customer is able to sit in their own living room, in what ever state they choose to be in and at whatever age and gamble as much as they desire.