Gambling has been around for quite a while, and it’s no surprise that people have been doing online for many years now. While in some U.S. states, online gambling is not against the law, casinos and other such places are. So, if you’re into betting, you can enjoy yourself in the comfort of your own home and in front of the display of your laptop or computer.
Back in 2016, a British study showed that online gambling was the largest gambling sector in the country, seeing how it created expenditures of over 3.4 billion pounds, while the National Lottery accounted for 3.3 billion and traditional casinos for just 1 billion.
While the vast majority of people who engage in online gambling don’t have a problem with it and do it as an enjoyable leisure activity, for some individuals, it can become an issue that can affect their families and the communities they are a part of.
Statistically, Britain is less exposed to such circumstances and has been so for many years. Ironically, the United States where the legislation pertaining to online gambling is far stricter is the home to a myriad of online gambling addiction cases. In the UK, just under 2% of gamblers are classed as problem gamblers, and under 7% are at risk.
In comparison to places like Canada and Italy where people spend just about $600 per year on gambling, Australia is the country where this industry makes the most money. Down under, the average expenditure per adult per year is just about under $1,200.
In recent years, mobile gambling has become more and more popular, and that’s because it is convenient and can be done via smartphones, tablets, and any other such devices one might own nowadays. One could be commuting to work and placing some bets. In the UK alone, it appears that mobile gambling grows by 75% year-over-year and about one-quarter of the people who find out about it comes from search engines. As the CEO of Paddy Power puts it, ‘mobile betting is the highest growth area of the UK gambling market.’
Just what do we talk about when we talk about online betting? Gambling takes many forms, from slot machines and lottery to scratch cards, poker, blackjack, bingo, and roulette. Sports betting and racing are two other types of bets and are two of the favorites of internet gamblers.
As it is to be expected, there’s a myriad of websites that you can choose from if you want to place a bet once in a while. You can use some to play casino games and slots and receive monthly bonuses, as well. Are these sites safe? In most cases, they are. However, since there have been issues over time with some, we recommended doing a bit of research before placing your online bet.
There are websites that can tell you which online casinos are to be preferred depending on a variety of factors. Some of these aspects range from whether they offer 24/7 customer support to whether they are reliable, secure, and allow you to make deposits or withdrawals.
There are also betting exchanges, which do not work as traditional bookmakers. What this means for you is that you will not be placing a bet against a punter; you will do so against the bookmaker directly. From the information that we have gathered on the topic, it appears that there are two leaders on the current betting exchange market; Matchbook and Betfair. Both offer a series of benefits, with Matchbook users receiving up to 50 pounds cash back when they earn points and Betfair offering a 20-pound risk-free bet on a user’s first exchange.