What You Need to Know About Online Gambling
Online Gambling is a great way to bet on sports teams and play slots on your mobile phone. The process is simple. Just log in to your chosen gambling site, select your preferred game, and start playing.
There are several different types of online gambling games. One of the most popular is online poker. These sites have tournaments and actual cash games.
Another type of gambling is blackjack. Some online casinos offer a variety of “instant” games, where you can play directly in the browser.
For the longest time, online gambling was illegal in the United States. Despite federal law, the industry took off. In 2006, President George Bush signed the Safe Ports Act, making it illegal for US banks to allow customers to transfer funds to offshore gambling sites.
While federal regulation may not be able to fully address online gambling, several states have put in place a robust set of regulations. A Frost & Sullivan report found that the revenues of online gambling exceeded $830 million in 1998.
Although not a legal solution, a pre-paid card can be used to limit gambling spending and keep transactions out of a primary card statement.
Other options include online bank transfers. Select banks support these types of payments. You can also use physical checks.
As with any form of gambling, the best way to protect yourself is to learn more about the risks. Several organizations, such as GAMCARE and BeGambleAware, have resources and information to help people with gambling related issues.