Online Gambling – Statistics and Growth

Online gambling, as the name says, is gambling on the Internet. Many users have expressed their interest towards Internet gambling and the statistics show a persistent growth in the last few years in this industry. Betting websites have seen a tremendous growth as about 51% of the world’s population participates in some sort of gambling every year. Many websites have emerged and are giving their competitors a run for their money by constantly updating their website and offering attractive incentives to their customers.

Statistics show that the Internet gambling industry has grown by 23% since 2003 and more and more people are coming to play games such as poker, casino and wagering. Younger men mainly use online betting but statistics nowadays show that it is becoming popular amongst women and other old age groups as well.

All these players have their own motive when betting online. Some of them play for entertainment and relaxation whereas some of them show their competitive spirit and try to win money. During the growing stages of Internet gambling, a traditional player was portrayed to be a man between the age of 25 and 35. However, statistics nowadays show that 43% of the gamblers are women. Certain companies have conducted surveys in order to determine the behavior of male and female gamblers. These surveys have shown that women are inclining towards other games nowadays as compared to the women in the olden days that were restricted to Bingo. Generally, women tend to play longer at really low stakes whereas men play shorter sessions at high stakes. Men are generally excited about betting whereas women just play for relaxation and use it as a stress reliever.

A chart of gross gaming yield globally from 2003-2012 shows that people prefer betting online as opposed to offline gambling. The Internet gambling industry has shown a growth of nearly $100 billion during this period. Even though poker, casino and wagering are the most popular games in the Internet gambling industry, statistics show that Bingo will surpass all these games to become the leader of Internet gambling as more and more women are getting involved in it and prefer playing Bingo to any other game. However, as of today, betting on the Internet is still dominated by men. Young men generally gamble more than older men. However, women are showing significant interest in gambling as well. The only difference is that men are excited and play betting games and skill-demanding games which involves patience and money whereas women prefer playing slot machines or lotteries as they gamble for relaxation.

Internet gambling has proven to be a global phenomenon and is expanding rapidly throughout the world. Europe is currently the quickest expanding market as business operators in Europe have noticed a 44.9% increase in the total industry. Following Europe is North America behind which are Asia and the Middle East. The legislation in United States prohibits online gambling due to which growth is minimal, as secret agencies have started tracking users who bet online.

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A Brief About Gambling Statistics

Problem Gambling can be defined as the Betting conduct which causes disturbances in any significant range of life: mental, physical, social or professional. This may incorporate obsessive and impulsive betting, which is a type of compulsion that deteriorates as time advances.

Gambling Statistics

The National Council on Problem Gambling and different sources take note of the accompanying measurements.
15 percent of Americans bet in any event once every week.
Everything except two states has sanctioned few sorts of betting, and 43 states have lotteries.
Roughly a few percent of Americans meet the criteria for issue betting. That is around 6 million grown-ups and around a half million adolescents.
Youth chance adding to a betting problem at a rate of around a few times that of grown-ups, and roughly 6 percent of understudies in America has a betting issue.
Around 40 percent of individuals with a betting problem began betting before the age of 17.
Nevada has the most astounding pervasiveness of problem betting in the nation, at around 6.4 percent.

What are its effects?

There are a variety of destructive impacts emerging from gambling problem, including:
NCPG takes note of the yearly cost connected with betting, which is approximate to $17 billion.
Roughly 76 percent of issue speculators are prone to have a noteworthy depressive effect, as per the NCPG.
The NPCG likewise says offspring of issue players are at higher hazard for various practices including problem betting, tobacco utilize, and alcohol use.
National Research Council insights demonstrate that around 10 to 17 percent of offspring of issue players and around 25 to 50 percent of mates of issue speculators have been manhandled.
Georgia State University gauges that around half of problem gamblers carry out wrongdoings and around 2/3 of those violations were specifically identified with the betting.
GSU likewise takes note of that 73 percent of individuals who are detained are recognized as issue speculators.
An Australian study found that one in five self-destructive patients had a betting problem.

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Gambling Industry Expanding And Players Who Use Gambling Strategies

What does the word Gamble” mean to you?

For the average player the word gambling” means much more than a risky bet. It can stand for just about anything from vacationing, Las Vegas, and even fun. Devised earlier than 3000 years ago, gambling was well documented to have existed in many civilizations. The games we know today are the incarnations of former ones, with adjusted rules. For the length of time gambling was invented, players have always seemed obsessed with trying to use various gambling strategies for games. However, Casinos have always had the mathematical advantage along with an adamant need for stopping the smart player. It has forever become a vicious cycle of exploitive players vs. casinos catching up.

Today, gambling doesn’t even need to be played at Las Vegas or any other casino chains.

Now for those of you who live under rocks or live in a time warp may say, Wait….outside of Casinos?”

Well you see…

1.In-flight Gambling: Eflyte has been developing in-flight gaming and continues to spread its influence on many airlines. Currently they have the world’s first Multiplayer Poker Tournament along with over 60 games for airplanes. Ceo of Ryanair will also attempt use in-flight gaming by next year. Now casino gambling may be common on cruises, but it’s a breakthrough for airlines.

2.Mobile phones can also be used to buy lotteries and sports betting nowadays. If certain restrictions are lifted, it could even mean much more growth in its use.

3.Internet Casinos are also another medium in which gambling doesn’t seem to stop growing; despite being forced to open offshore from the US. This isn’t necessarily bad of course.

The gambling industry is on a growing trend and it doesn’t seem to stop anywhere in sight. Of course, this naturally means that more and more people will be hooked and continue losing to the casinos.

Even the strategic players are screwed over at times with certain technologies being developed. Some casinos even started to implement tracking devices in chips to catch card counters. Those days of Ken Uston and counting machines are getting harder to come by since casinos already know about the gambling strategies used. New mediums such as electronic gambling can stop card counting dead in it’s track.

Winning through strategy can still be done, just as internet marketing can still make some rich. Yet being particular savvy to news and gambling strategy alike can immensely help the professional gambler. That is, unless gambling is only treated as a simple recreation. Otherwise, the best a player can do is to read up on forums and reference news sources for any changes in their gambling strategy.

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