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Pros and Cons of Online Betting by Sumit Arora





Article Author Biography
Pros and Cons of Online Betting by
Article Posted: 11/08/2013
Article Views: 494
Articles Written: 21
Word Count: 737
Article Votes: 0
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Pros and Cons of Online Betting


 
Gambling
It is said that gambling is in one’s blood and it seldom leaves one unaffected. You can trace the origin of gambling to the beginning of human civilization. It is the very simplicity of the concept of gambling and the need to stake everything on chance that makes people addicted to the sport. How can one remain unaffected when you can bet on trivial things like whether it is going to rain or not tomorrow or the new baby is going to be a boy or a girl?

History reveals that more fortunes are lost than made due to gambling, but still the sport flourishes. You can find gambling and betting dens in every nook and cranny of the world. With the arrival of the Internet, the sport acquired new dimensions and captured several markets. It is now a normal thing to bet on sports and games played in different countries. Online betting not only gives you the convenience of betting from your home but also gives you an appearance of anonymity. All you need to do is to have an Internet connection and a reliable third party to place a bet. However, there are some risks too.

Let’s explore some of the pros and cons of online betting.

Pros:

  • Convenience: Now you do not need to travel to bet on an event or activity. All you need to do is to log on to an online betting site on the Internet and place bets with your online bookie.
  • Security: While placing online bets, you do not need to worry about their legality. Most sites are usually run by large corporates. These sites have a valid license in their region of operation.
  • Reliability: Most online betting sites are operational 24 X 7. You can safely transfer your money electronically via PayPal and Netellers sites.
  • Confidentiality: Online booking sites offer unconditionally anonymity to its users. All your personal information will be kept private and for company use only. These sites provide relative security as you are never exposed to bookies, cheaters, and swindlers.
  • Accessibility: You no longer need to travel to bookies’ places. With online betting, you just need access the Internet to place your bets.
  • Forms of payment: Most online betting sites offer safe and encrypted payment systems so that money transfer is smooth, anonymous, and secure. You can safely make payments through a check, direct money transfer from your bank account, or a credit card. On the other hand, if you make direct cash payments through bookies, you do not have any guarantee that your money will get through to the system.
  • Reward system: Unlike local bookies, online betting sites offer several lucrative rewards, bonuses, and promotions to encourage players.
  • Multiple options: Local bookies can offer only a limited type of games. Online betting sites, on the other hand, expose the entire world of gambling to you just a click away. You can play different varieties of your favorite betting game, either solo or with other players.
  • Community: One of the loveliest aspects of online betting is that you get to meet different people from around the world. It just opens your eyes to the wonderful diversity out there. With such variety, you will not miss entertainment or company while playing your favorite game.

Cons:

  • Servers: Online betting sites place all their data on huge servers. This is a major risk. If there is a service problem or a server crashes, then the entire site goes down and so do your winnings. To protect against this risk, most online betting sites use a backup server.
  • Availability: It is not possible to have Internet connection everywhere. Then, there is a problem with Wi-Fi access too. If someone cannot afford a personal computer, then they cannot access online gambling sites. On the other hand, it is relatively easy to walk across to your local bookie to place your bet.
  • Internet savvy: It is crucial that players are familiar with navigating through the Internet. If they find it inconvenient, then they will never venture into online booking sites.

Irrespective of various pros and cons, online betting sites offer a fairly convenient option for gamblers and betters. You can choose to play via local bookie or online betting site depending on your convenience and preference.

Biography Get more information about Online Australian Betting like Wager Web, Bet365 and Inter tops.

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