Online Casinos

Online Casinos

Casinos rise and fall faster than you can blink an​ eye. the​ first casino was opened in​ 1941 on​ the​ Los Vegas strip; however by 1992 all of​ those casinos had been demolished to​ make way for new modern casinos. Online it​ has been the​ same evolution with casinos sprouting around every corner of​ cyberspace. These have come and gone faster than the​ click of​ your mouse. But how did this start?

Let’s start with Google the​ internet search engine. Type in​ online casino and it​ brings back more than 27 million websites. the​ shear volume for the​ term online casino reflects how many people have vested interests in​ the​ gaming industry and how popular online casinos have become. the​ first online casinos first made their appearance during 1996 and a​ mere US$17 million was wagered,​ compared to​ US$3 billion by 2000.

It is​ estimated today that more than a​ trillion dollars gets spent online each year with online casinos worldwide. Bear Stearns,​ a​ leading worldwide investment banking and securities trading and brokerage firm,​ estimates that during 2003 more than US$ 6 billion had been spent on​ online casinos by US gamblers alone! With the​ growing adoption of​ broadband internet this online pool of​ gamblers increases each year.

With online casinos there has also been the​ expansion of​ online advertising to​ gamblers,​ which according to​ the​ BBC places gambling advertisers as​ the​ fifth largest advertisers on​ the​ internet. Online casinos make use of​ two types of​ software. Those that you can download and install onto your computer and the​ true online casinos where you gamble on​ the​ interface of​ the​ online casinos web page. Each party makes their choices of​ how they wish to​ interact online. With all this sophisticated software,​ how do online casinos compare to​ your average brick and mortar casino? Each has their advantages. in​ an​ online casino you can play more than one poker game at​ a​ time or​ even gamble on​ more than one game at​ a​ time. in​ a​ normal casino this would not be physically possible. the​ advantage of​ any real casino compared to​ an​ online casino is​ that you can always judge the​ physical reaction of​ the​ players around the​ table.

With an​ online casino it​ is​ impersonal and you would never be able to​ guess the​ cards the​ other person is​ holding. Online casinos have made great strides in​ trying to​ mimic the​ feel of​ a​ real casino in​ the​ fashion of​ the​ bricks and mortar casinos. They have flashy web pages and music to​ lure you to​ play. Domain names in​ it​ self have become a​ big issue with the​ purchase of​ misspelled domain names for online casinos.

A recent dispute with the​ domain name of​ Sportsodds springs to​ mind. This domain name was registered by their competitor to​ drive traffic to​ the​ competitor’s webpage’s. This ended in​ a​ legal dispute. Online casinos are big business judging from the​ amount of​ money that gets placed on​ bets and by the​ amount of​ money being spent on​ it. Where there is​ big money,​ there will always be disputes.

Online casinos are open 24 hours a​ day,​ 7 days a​ week and they are accessible from anywhere in​ the​ world. Casinos use to​ be down the​ road or​ in​ your next big town. That has changed in​ the​ 21st century. With the​ advent of​ online casinos the​ casino is​ now in​ your home. Better yet,​ if​ you are reading this,​ you are already at​ the​ casinos doorstep. What is​ stopping you from placing your bet at​ an​ online casino today and joining millions of​ others?

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