Traditional Gambling Versus Online Gambling

An Overview

Gambling nowadays is not related to a mere recreation activity albeit it has now taken a new direction into business and industry. For some it’s a pleasure activity and for the others it is a lucrative business. Although gambling is not at all a new sport which has emerged in this century, it has been a favorite of our ancestors and the historians date back the involvement into this activity to prehistoric times. It has been factually proved that even the early caveman was a gambler.

Gambling to a layman would mean sport involving money and an easy way to multiply the same. Although being a part f this sport means staking of one thing or the other. History has witnessed several incidents where not only wealth and material objects were a part of this game but also one’s own identity or the ownership of a family member was staked.

Gambling activity in this century has taken a two dimensional outlook. With high paced lives and scarcity of time for almost everything, even recreation activities are time bound. To this new age life, Internet comfortably snuggles in and creates a position of its own, thus giving room to Online Gambling. As compared to traditional gambling practices where one has to be physically available in the arena of casino, online gambling gives us the comfort of gambling in the privacy of our homes or café.

To further elaborate on both the categories of gambling lets have a closer look into the basic features of both. Traditional gambling basically has three types of games involved namely the table games, random games and gaming machines. Almost all the categories in traditional gambling requires parting with physical cash and getting them converted into chips which are of various denominations and are then further used in the game. The only division of game which does not require conversion of cash into chips is that of slot machines. Here the gambler has to place a quarter into the slot machine and pull on the lever. There are still some games where cash is deposited, but that is mainly confined to games which involve huge jackpots. Generally in such games the basic deposit only sums up to a huge amounts.

Online gambling, on the other hand, is a relatively comfortable way of enjoying the game. Needless to say the reason for its manifold popularity goes to the time factor and the availability of pleasure at the click of a button. Moreover, in order to attract more and more people into online gambling the owners make their sites tempting by offering various payback schemes and added advantages to its members. All sorts of games can be selected by just logging on the website. Basically the games available in this form of gambling can be broadly divided into two categories, one in which a particular software needs to be downloaded and the other which can be played without it as well.

Comparative Analysis of Traditional Gambling and Online Gambling

Although online gambling is gaining momentum, traditional gambling is still the undisputed leader in the business. There are pros and cons in both forms of gambling and it depends upon the personal liking of each gambler as to which form suits his or her requirement.

In traditional gambling where one can find the adrenaline rising and pressure on one’s nerves, the same is a miss in online gambling to some extent. The pleasure of winning and celebrating can be only enjoyed in the traditional gambling. The drive behind playing it again and again lies in winning and celebrating, thus giving instant boost in business of the casino owners. Winning of one motivates thousands others to remain in the game. Thus if we see the involvement, pleasure and financial aspect of gambling, no doubt traditional gambling would take a lead into it.

Online gambling, on the other hand, suits one and all to the extent of people residing in remote areas where availability of an actual casino is a miss. All it requires is a basic internet connection and you are into the pleasure of the sport. It gives you the leverage of time and space. Another advantage of online gambling can be that one can enjoy huge payouts and bonuses, but along with it the companies keep a catch of not paying the entire earned amount in order to make the gambler play for long. The reason for making a player gamble for longer durations is that generally the longer you play the chances of you losing increase, thereby making the casino owners reap higher profit margins.

In terms of  business traditional gambling is favorable to the casino owners. They have all the tools and tactics available to make a gambler play and stay for long which in turn means that the odds increase in the favour of casino owners. But for a gambler, traditional form of gambling may be of loss at times as the earnings are lesser than the actual amount earned. Generally the payouts are in terms of  5 or 6  times the actual amount put at stake but the casinos pay out lesser and so results in visible loss.

Conclusion

Gambling in the eyes of gambler has its own dimensions which cannot be gauged by the critics. Form of gambling may have difference of opinions but the ultimate pleasure of sport cannot be undermined in either form of gambling.

On the other hand gambling as a line of business may mean totally different to the casino owners. They would have an altogether different stream of thoughts to analyze the two forms of gambling.

To sum up, both the forms of gambling have their own set of advantages and disadvantages and none of it can be said to be perfect. It totally depends upon the individual to choose from the options available which can satiate his or her desire.

The only common thing in both the streams is to set up individual limits and to keep his or her decisive powers strong so as to know when to draw the line.

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Gambling Responsibly – 7 Tips To Gamble Right

Apart from the financial drawbacks, that an individual is susceptible to when hooked to gambling, obsession could heavily destabilize his family and social life. Nobody wants to face such undesirable conditions.

Gambling was meant to be fun and not something, that should spoil your life. Below are some good guidelines to conscientious gambling.

1. Expect to Lose.
This is not a being skeptical. Set a loss limit for yourself and stick to it no matter what. You could also do with a time limit, this ensures that you are well aware of the risks involved in the game and you are wise enough to be on the safe side.

2. Don’t Borrow.
Don’t ever try to sustain yourself in the game through borrowed money. Once you decide on your loss limit you shouldn’t have to borrow money for gambling.

3. Take a break
Make sure that you give yourself time to relax from on-line gambling, doing this will allow you to reflect on your losses and winning and you could even decide to quit if you find the habit costly.

4. As much you gamble, mingle too.
Employ the various wallet friendly activities like chatting with a new social contact or an old buddy who may also be a frequent visitor to the casino. Save yourself from the feeling of guilt for not gambling the whole night. Learn to practice your social graces as a way of spending the night. You could easily let a good deal pass you by while preoccupied with dice rolling in the online casino.

5. Avoid the Virtual Casino when depressed.
As with any other activity, never allow your gambling to be an emotional outlet mechanism, because gambling with unsettled mind could be disastrous to you. Do not use gambling as a way of venting off your emotions.

6. Reject the Urge to Ruin you budget just because of Gambling
Stick to the budget you set aside for amusement and fun as gambling allocation. Try hard to avoid using money set aside for daily expenses for rolling the dice just to satisfy the craving.

7. Avoid chasing your losses.
Accept losses as they come and enjoy your winnings too, but never chase the money you’ve lost by gambling more in the hope that you will recover, because this could make you lose even more.

If you cannot make sense of all this, then remind yourself that casinos are not charity organizations to dish out money. They are set to make profits out of your losses, so keep cautious.

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Get NFL Picks and Profit With Football Betting

Football betting is as much fun as the sport itself is for some people. Some go after the profit factor and others just like the challenge of picking the winning teams. However, even if they are only in it for fun, it is more fun when you win. Getting NFL picks from sports betting services can give you the edge for winning more than losing.

Why Choose a Handicapping Service:

Checking games and spreads is a time-consuming but essential part of sports gambling. If you plan to do much gambling at all, it can make the difference between wins and losses. Unless you have a free schedule 24/7 to pursue the task, and unless you have the expertise to interpret the data, you will most likely lose much more than you want.

Handicapping services make it their business to study the stats and make recommendations based on their research. Some even syndicate with others to get the expertise of many other handicappers. As the saying goes, two heads are better than one. Several heads are much better than one. Input from multiple handicappers multiplies the results exponentially.

Tips for Picking a Sports Handicapping Service:

There are some things you can do to pick the best service to give you a good handicap for placing your bets. They can swing the odds in your favor. However, not all are legitimate, and not all are the same. To get the best option, consider these tips.

> Track record

Before choosing any service, check their track record. If they haven’t had proven success by recommending winning picks more often than not, they are not a good choice. Though no service can be accurate every time, they should be correct in their picks a huge majority of the time. Having a 50-50 success rate is no better than you could do alone.

> Length of time in business

Check how long they have been in business. Newcomers won’t have a track record that is accurate, as it won’t have many events. Also, the longer in business the more experience in picking correctly, so percentage of success raises. Also, particularly in syndication, the longer they are in business, the more connections they make, being able to pull in the expertise of a variety of people.

> Cost

Realize that whatever you have to pay for the service will come out of your betting funds. You don’t have to choose the most expensive service, because most expensive doesn’t always mean the best. Let cost only be one consideration.

The success of your endeavor is like anything else. To choose good NFL picks, you have to invest the time, money, and expertise to be successful.

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Gambling – 8 Assured Secrets To Success

Gambling can be great fun, but not when you end up on the losing side always. If you cannot to afford to play around with your money then do not go in for gambling, choose betting instead. Betting is a safer option, and you can end up making good money.

The pre-conceived notion about betting is that it depends solely on luck and chance, but if you do some simple math and apply it to along with a dash of common sense, more often that not you will taste success.

Some of the secrets to winning in gambling are listed below.

1. Choosing the right game-
The first and foremost thing that you need to do before taking the plunge is to select the game. There are numerous games to select from. Once you have selected a game make sure you master its nuances.

2. Learning about the game-
It goes without saying that knowledge is power. Learn all the basic rules of the game. Money spent on buying good gambling books is an excellent investment. You can also download tips and secrets from the internet. This gives you the edge.

3. Setting a bet-
When you are setting a bet, it is important to take into consideration the situation of the game. If you win, then put in half of what you had put in the previous round, whereas if you lose it best to revert back to your least bet. This can be termed as progressive betting. This technique is advisable for novices.

4. Checking the odds-
If the odds on a game are more than 3% in favour of the casino, then give it a skip. The most popular games in the gambling circuit are blackjack, poker and craps.

5. Watching the trend-
Pay close attention to your wins and losses and calculate the ratio of wins to losses. Do not keep betting if you are on an extended losing streak.

6. Sticking to a strategy-
Pick and choose a strategy that is best suited to you. There are a lot of proven strategies, choose one from them. Do not make the mistake of going in without a strategy as you can end up losing a lot of money.

7. Don’t be greedy-
Greed can cause your downfall, exercise caution while placing bets.

8. Show optimism-
Back yourself to win the money. Never expect to win every time, but it also important never to lose heart.

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