The Difference Between Online Gambling and Online Trading: Who's The Bad Guy?

As the US's Unlawful Internet Gambling Act takes over the news with stories of finances and the Internet, many are starting to wonder what the real difference is between online gambling and online trading?

Two people are sitting in their offices risking money online, one is breaking the law, the other is not. One of these men is a day trader, and no matter how you look at it, this man is risking his money for the chance to get back more money. It seems to me that both men are using the Internet for the same reason. However the one that is gambling online is now participating in an illegal industry. Why illegal? Because the US government doesn't get a nickel in income from the online gambler. It only gets tax money from the day trader.

Every day Americans lose millions of dollars from trading stocks, not based in Wall Street offices, but from their living rooms. These normal people are not professionally trained stock brokers, and hold no license - yet they face no legal obstacles to risking their money online.

In fact the only real difference between day trading and online gambling is the amount of money the US government makes out of the industries: Day Trading online = lots of money; Online Gambling = no money. There is much speculation that the US Congress passed the anti-online gambling ban for the exact reason that they are not getting any revenue off the millions spent each day.

The US Government is saying that they outlawed online gambling to save the American public from a dangerous pastime - one that can addict players and destroy families by causing players to lose all their money. Yet they continue to allow unlicensed persons to trade stocks online. Perhaps no one remembers the reason that large buildings have windows that don't open: it is tp prevent all the day traders from plummeting to their death after losing it all!

Day traders generally get tips from a third party, and sometimes they simply guess at random. There was a time when everyone was investing and making a fortune, until the bubble burst and many were left with nothing but a pile of debts.

If online gamers are famous for one thing, it's taking an interest in what they do. Almost nobody gambles online on a consistent basis without studying the games they play, the strategies, the statistics and the art of gambling. As online players improve,e they play against others at a harder level, but no beginning online player is forced into a poker room with professionals.

There are real people today making a living off online gambling. Amateur players have earned up to $10,000 a month, and although they are not the majority, they are the cream of the crop. All of these professionals are now officially out of work thanks to the new online gambling ban. And gambling professionals aren't the only ones suffering. Many people around the world are losing their jobs due to cutbacks in the online gambling industry.

If the US Government wants to save Americans from losing millions, why are they still letting the legalized form of gambling called day trading ruin the lives of regular people?

For more information about the latest news about the gambling world and the top-rated online casinos, visit http://www.gamblux.com

Gamblux is operated by a group of experts with advanced skills in Web Site Programming, Internet Marketing and Web Site Content. http://www.gamblux.com

Online Gambling - The Rewards That Make a Difference in Your Game

Human beings have engaged in betting since antiquity. For a long time gambling was an activity that took place only in exclusive casinos. Not everyone could afford or access these places. Online gambling, which became a reality around 1995, allowed gambling to be a past time for many more people. Software that simulates games of chance had been in existence for a while. The use of internet became common place and inexpensive and was crucial to the establishment of gambling websites. Another necessary factor was the mechanism to make and receive payments online in a secure manner. The final piece of the jigsaw puzzle was the creation of authorities that licensed and regulated gambling operators.

Once gambling websites were established around 1995 they began to proliferate quickly. The period 2000 to 2006 was a boom time for the online gambling industry. This is because online gambling offers many advantages over land based gambling. The biggest advantage is that players can engage in online gambling from home. All that they need is a home computer or lap top with an Internet connection. Players no longer have to spend money to travel to the casino

No spending time and money to travel to casinos or going on holidays to Las Vegas. Players can come home and immediately log on to their favorite online gambling site.

Online gambling is exceptionally convenient for people who are afraid of posh casinos, with well dressed staff efficiently conducting operations and knowledgeable players who are proficient at the art and science of gambling. Internet gambling is an anonymous activity. Many of these games are played solo with the online casino software. Even in multiple player games there is no need to be face to face with other players. Most of players use nicknames and no one need know from which part of the world they are from. They can make their mistakes without fear of being made fun of and can learn the ropes at their own rate without worrying about losing a lot of money. And formal dressing can be dispensed with.

Another major advantage of gambling websites is that it delivers greater average returns to the player. The costs involved in setting up and operating internet gambling sites is much lower than that for land casinos. Because there is no real estate, there are no expensive buildings and minimal staff to pay. Thus making gambling sites do not need to make a lot of money to cover their costs and provide a return to their owners. Because of the competition in the online gambling industry, the savings are handed on to the players in the form of larger average returns. This is particularly evident in online slots where the average return is around 95%. Where as land based slots the average return may be well below 90%.

Online gambling today covers a wide range of product verticals. Sports betting can be conducted online. Players have access to the most current odds and can even engage in live betting through online gambling. Poker is yet another well-liked form of gambling. Players can play both fast cash games and in online tournaments. Online casinos offer gambling on blackjack, baccarat, roulette, craps, video poker, online slots and other games. Other forms of online gambling can include bingo and financial betting.

Gambling has been a past time throughout history. Technology allows you to bet from the comfort of your own home, giving you advantages over land casinos. Online Gambling might be just be the game for you.