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Know the internet Gambling Facts : Forget the Hype

When you heard about internet gaming, you might have been surprised by the fact that it was allowed to happen. When live gaming in casinos is so heavily regulated, how could login pos4d internet gaming be legal? And even if the law allows gaming, statistics it is fair to show that only fools would play, right?

Forget the hype, but know what exactly is it.

Online Gaming : Is it Legal?

The answer to this question? It depends. There are two major federal laws related to internet gaming:

The Interstate Line Act of 1961
The Against the law Internet Gaming Enforcement Act (UIGEA) of 2006
The first law made it illegal to use line communication for gaming purposes. But, in 1961, lawmakers couldn’t have created the internet. So although the internet does uses ‘wires, woul the meaning of the term allowed for too many loopholes.

So, in 2006, the second law was passed. It focuses on the online gaming company rather than the gambler. It is a breach of the law for any company to just accept some cash related to online gaming. This is why the companies you can gamble with online are found not in the US where it is difficult prosecute. But, the us government also expects US Banks to stop money from going to these online companies. Because of this, you might eventually have trouble paying for online gaming with your US bank account or credit card. However, it is not a problem at the moment.

So while the federal government won’t come after internet players, they could nevertheless be breaking regulations. The UIGEA leaves it up to the states to determine whether or not internet gaming violates their california’s laws. Experts believe that any law states might pass would make it a misdemeanor to gamble online rather than a breach of the law. And again, there is no expectation that states would pursue the gambler rather than the gaming company. But if you have any concerns, you should check with your california’s gaming commission to understand whether or not you are violating any state laws.

Basic Online Gaming Facts

There are several different types of online casinos, and we can only expect for them to get more elaborate as online gaming evolves. Today, the three main ones are:

Web-based Casinos : these casinos allow you to play without downloading software and the possible pop-ups or spyware that may come with it. These casinos will require that you have a higher speed internet connection than the other kinds, since you’ll be transferring the games and graphics across the web as you play.
Download-based Casinos : these sites require that you load their software onto your computer one which just gamble or play the games. These are generally faster, making them loved by players. Of course, you have to have the initial set-up process, and you are risking the opportunity of downloading software from an ‘unknown’ source : which always includes the chance that you could get a virus as well.
Live-based Casinos : here, you are actually playing in a ‘live’ or ‘chat’ environment. Today there are even webcam-based casinos where you can watch a live dealer and even other players. This is as close to a walk-in casino as you can get on the internet.
Safety is just about the largest concern that online players have, but when it comes to gaming, statistics show that trust in the industry continues to increase. This is evident in the increase in the number of players and funds invested between 2000 and 2006. It’s estimated that a grew from about $10 billion to more than $14 billion in just these six years. You can gamble online safely if you take the time to investigate your alternatives. Before you invest your money in playing, check ecogra. org, motivated, not for profit agency that rates and approves online gaming sites.

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