History of Gambling and Transformation Into Gaming

Gambling is something that many of us today cannot run away from. It has been in existence for thousands of years and is not about to go anywhere. Some even say that it is intrinsically linked to humanity itself meaning that gambling is well within our very own human nature.

Gambling is the wagering or money or anything else of value with the primary goal of winning a material object or money. The wager is often placed with the consciousness of the risk the gambler is taking. For gambling to take place, three elements must be present, which is the consideration or amount wagered; the risk and the prize. Today gambling has evolved into what is now looked at as modern day gaming and is even regulated in most countries and licensed by gaming authorities. It has truly become a, international commercial activity and is said to contribute millions to economies.

History

Gambling can be traced back to as early as before history was written or as early as 3000BC with the six sided dice. Its history can be traced to ancient China where betting on animals fighting was a common practice. It was not until the 10th century that lottos and domino games appeared in China and gambling started to take its shape. The popular games that we know today like poker appeared in the United States in the 17th Century and they say; the rest is really history.

When gambling became mechanized it became easier for the winnings to be regulated more accurately and for the odds to be in everyone’s favour. No more did people have to rely on the goodness of the betting houses since the machine basically determined the outcome.

Online Gambling/Gaming

The breakthrough for online gambling came in 1994 when Antigua and Barbuda passed the Free Trade and Processing Act into Law allowing the licensing of organizations applying to open casinos online. Between then and 1996 a number of laws were passed all of which were directed to online gambling and in 2003, the first live dealer casino was introduced.

Gaming today

The more technology has advanced, the more the gambling industry has also evolved with developments being made geared towards making the lie of the gamer much easier. Given how lucrative the gaming industry is and the fact that people actually like to play, many governments have had no choice but to allow gaming and only control the industry through licensing. There are numerous online casinos in the world today, the best of which are licensed in the various areas within which they practice.

The gaming industry has fast evolved a number of games are now available online and many jackpots can be won from various sites. The only word to players today is to make sure that they are sure to play with an online casino that is licensed and which has a good reputation or which is properly established.

If you have doubts about the reputation of some online casino, visit a website which offers independent casino reviews on the gaming industry today.

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Online Gambling With PayPal

Whether you’re a fan of online poker or bingo, enjoy betting on sports, or play popular online casino games, PayPal is a great choice for securely funding your gaming accounts. PayPal is one of the most popular and reliable ‘online wallet’ systems, allowing you to manage your online gaming funds with convenience and security. Gaming sites often allow deposits by PayPal for residents of the UK and a range of European countries where online gambling is legal, while residents of the USA and other countries are awaiting the required laws and regulations hopefully in the near future.

Being able to transfer money in and out of your gaming accounts usually takes just seconds with PayPal, while other methods like credit cards can take much longer due to additional security checks used by the gaming companies. Merchants also commonly add their processing fees to many payment methods, but PayPal is a preferred payment method so transfers to and from gaming accounts usually have no additional fees. That means you can often save quite a bit of both time and money by using PayPal to funds your online gaming.

Of course another advantage of PayPal is that you don’t need to provide your private credit card details to the gaming company, limiting your exposure to any potential security problems they may have. PayPal employ a wide range of security precautions to keep your account safe and your money protected. So using PayPal to pay for your online gaming provides a peace of mind which isn’t always available when using your credit card online.

One of the top benefits of using PayPal with your gaming accounts is the ease of accessing your winnings. After transferring your winnings to your PayPal account, you can then withdraw to your bank account, or keep it in your PayPal account for fast access when you want to play on other sites in the future. You can also use the funds in your PayPal account to pay for auctions you win on eBay, and for purchasing products and services on many other sites. Using your PayPal account is a lot faster and more convenient than bank transfers so it’s great for both depositing to gaming accounts and for withdrawing your winnings.

Another great benefit for players is the ability to deposit to their PayPal account using payment methods that are not supported directly by the gaming sites. For example a gaming site may not support transfers directly from your Maestro card, but you can instead transfer from your Maestro card to PayPal. In this way PayPal can provide you with even more gaming options with a maximum level of convenience and security.

Not all online gaming sites provide an equally enjoyable experience for players. Before playing at a site, it’s wise to check for reviews from trustworthy sources. Look for reviews of only the best and most reliable sites, including those with a proven history of player satisfaction, prompt payments and top quality support. Also make sure each site is licensed and regulated, providing a higher level of player protection.

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