Online gambling is any type of gambling conducted online. This includes casinos, online poker and live poker. The first online gambling site opened for the public, was Ticketing for the World Series of Poker in 1994. Since then there have been online gambling sites opening across the globe, with more sites springing up almost daily, all with the same intentions – providing an alternative to live gambling.
Most online gambling sites offer a wide variety of gaming options; a full range of games such as bingo, slots, roulette and blackjack, poker, and other card games are available. Different sites will offer different kinds of game play, and allow players to switch between them at their leisure, for example, if they find that they are getting bored with one game they can try another. The point of online gambling is to play the games you like, and not worry about others talking behind your back or stealing your winnings, so all of the money you win is yours to keep. If you do lose money there is usually a “red envelope” provided to you to cover any losses. Of course, you should never run out of that envelope as most online gambling transactions do not require a large sum to open up with a credit card or PayPal account.
Online sports betting is another type of online gambling. In online betting, a wager is placed on an event, game, or game result. Many times, online betting sites will allow you to place a single bet, and if your team or individual player wins you will be able to collect that amount from the house; however, if your team or individual player loses, then you will not be collecting that amount. There are no taxes or fees associated with online gambling as it is considered a form of income or non-employment by law in most countries.