It was only a matter of time before online casinos started giving live casinos a run for their money. We are not there yet but I would bet we are getting very close. Online casinos have increased the types of games they provide to match what live casinos can offer. From poker to sports betting, every gambling activity seems to be online.
Most proponents of online gambling claim that online gambling is just as safe, if not safer, as gambling in known casinos in Las Vegas and Atlantic City. Just like the live casinos, online casinos are required to have their licenses and permits before engaging into online gambling. Online casinos are regulated and audited by professional firms. All online casinos use the secure e-cash facilities, in cooperation with the credit card companies, so that the customers are being protected from unauthorized use of credit cards or from cases of identity theft, which is the main concern of the public.
Many people believe that online gambling offers more entertainment for their dollar. Most online casinos offer huge cash bonuses to entice people to sign up and play. These bonuses are usually in the range of $100 to $300 for a $50 deposit. I have never seen a live casino offer that to a customer and I do not think I ever will.
I think a concern out there is the convenience of online gambling and how easy it is to sit at your computer and gamble for hours. 10 years ago people who wanted to gamble had to hop a flight to either Vegas or Atlantic City, now they do not even have to leave their homes.
One downside with gambling online is if you do win the payouts can take a few days. I believe this takes the thrill away of seeing you winnings paid out directly into your hand.
Another downside has to be the potential for fraud. Most payments are made by credit card and no matter how secure the server is fraud still happens out there.These two concerns obviously have not scared the people away. There are record numbers every year spent on gambling online and it has increased every single year since 1995. In a thriving business, such as online casinos, if there are concerns out there they will be dealt with quickly just to make sure the people and their credit cards keep coming back