Online gambling is an industry that is estimated to have a worth of almost 60 billion dollars. By the next 5 years, the gross revenue generated by the online gambling industry is expected to exceed 12 billion dollars. So, what exactly makes online gambling so popular? What is responsible for the success of online gambling as an industry? This is what the article will talk about.
Pros & Cons of Online Gambling
● A Plethora of Gaming Options!
There are gambling websites out there that have a gaming portfolio with more than a thousand different games. You can never expect the range of gaming options to be so vivid in a brick-and-mortar casino. That is because of the lack of space. In the case of a gambling website, the space is virtual and hence, in a way, unlimited.
● More Security!
Gambling websites display their license numbers at the bottom of the webpage. This is a proof that the casino is not a fraud. The legitimate online casinos in England are always licensed under the United Kingdom Gambling Commission. On top of it, most online casinos are encrypted and supported by software providers like NetEnt and Microgaming. So, breach of data is practically impossible.
● So Many Bonus Offers!
Online casinos always try to incentivize players to play more. The more time a player spends on a website gambling, the more profit the website can make out of it. So, they keep bombarding players with various kinds of bonus offers. The most popular form of bonus is the welcome bonus where the bonus is added to the credit account of the player immediately after he or she registers with the website.
● Playing Anytime Anywhere!
Of course, thanks to online casinos, gambling has become ubiquitous. Now, you can play anytime anywhere. Many online casinos are going mobile. If you visit the Play Store or the Apple Store, you can see a series of apps launched by various online casinos from various parts of the world. There is no dearth of options at all. As long as your device has internet connection and battery life, playing won’t ever be a problem.
● Suitable for All Budgets!
One of the best things about online casinos is that they never discriminate. In brick-and-mortar casinos, you can only play after making a deposit of a particular cap. If you cannot afford to deposit that amount, you won’t be allowed. In case of online casinos, there are indeed lower limits set for making deposits. However, the lower limits are much more pocket-friendly. On many occasions, we have observed that the gambling website has set the lowest permissible deposit as just 2 dollars.
● No Human Interaction!
As mentioned earlier, online gambling is done in a virtual space. There is a lack of human interaction. This might make some players feel uncomfortable. Many players say that they prefer brick-and-mortar casinos simply because of the lively atmosphere that prevails there. That lively atmosphere prevails because of the high magnitude of human interaction that takes place in brick-and-mortar casinos. However, the maximum human interaction you can expect at an online casino is when you are speaking to the customer support team on live chat or being dealt cards at live poker on con call.
● High Tendencies of Getting Carried Away!
It is much easier to gable online rather than offline. This may be considered a pro by many, but this may also act as a con. You can play on your phone anytime anywhere. The lower limits for making deposits are more pocket-friendly. All these things make online gambling too convenient. That is why, it ends up being prone to addiction. Gambling addiction is no joke.
So, we saw what the pros and cons of online gambling are. Nonetheless, we must remember that we are living in the midst of a global pandemic right now. Social distancing is an absolute necessity. So, in the current scenario, if you are a gambler, online casinos are your best option. In fact, due to the COVID pandemic, the lack of human interaction has ended up being one more addition to the list of pros rather than cons. So, stay home and stay safe.