Laws Regulating Online Gambling
Online gambling is any type of gambling conducted via the internet, usually via an internet gambling website. This includes casinos, online poker and online sports betting amongst a host of other games. The first online gambling site opened for the public, was ticketing for the world’s most famous lottery game, the Lotto in 1994. Nowadays there are several online gambling websites, each offering a different variety of games. If you wish to play online, there are a few things you should know before making the plunge.
Most online casinos offer a free casino games download or give you the option to download the software to play at no cost. Once you have downloaded the software, you will be ready to begin playing online casinos. The same basic rules apply to most online gambling games as they do to land-based casinos: Win, Place, Keep. In online casinos, the amount wagered on each hand is generally the maximum that can be wagered on any one game; win limits are usually generous and are dependent on how much is wagered overall.
As mentioned above, online gambling websites are subject to legislation governing the industry. Many of these have been in operation for years, operating in countries such as the US, UK, Sweden and New Zealand. There are also many that are only just starting out, having only received government regulation after receiving permits from local municipalities. These websites are monitored and regularly inspected by local gambling boards to ensure they maintain high standards. It is important to remember though, that even though laws regulating online casinos are in place, there is nothing that can be done to prevent you from being prosecuted for using or accessing gambling websites either in real-world locations or online.