Is Online Gambling Legal?

It might be quite difficult to evaluate weather online gambling is legal or not. However, the US justice department found online gambling illegal to some degree. Sports gambling, for instance has been completely set out as illegal.

The internet gambling prohibition Act, is a law set to cover online gambling with basically its major aim being to update the wire act which makes it illegal for any gambling done over the internet, especially in the US and finally do away with gambling sites aimed at American users. Such sites for example, are forbidden from receiving or rather accepting credit cards, electronic funds transfer or checks from players, specifically from the United States. The new law that defines gambling as illegal is not actually so new, it has been introduced a number of times, but the house failed to pass it to law.

Gambling is bad, especially when it goes outside the state, in fact that is the basic reason as to why the Act outlaws it when it takes place within state lines. Online gambling largely contributes to outside-the-state gambling which is highly illegal. In addition to all this reasons gambling increases the chances of money laundering, because each player is entitled to submitting their credit cards which encourages the whole process of money laundering.

Many online gambling sites own unregistered or rather un updated licenses which renders the whole business thing illegal. It could be quite difficult to investigate an online gambling casino as compared to a physical casino, this is therefore where the whole problem wit illegal documentation.

On the other hand, gambling can lead people into criminal activities. Gambling addicts never think twice before they do anything, in fact many criminal cases are as a result of gambling, the addiction forces lead them to risking huge amounts of money, some give up on their jobs and careers spoiling the rest of their lives. This is one great reason that has seen the Act passed to declare online gambling illegal.

Some online sites are engaged in shady dealings whereby, it encourages its players to make payments before the game, and you end up loosing with no benefits. Some request for your credit cards, together with your account numbers, all you get thereafter is nothing in your account. Their existence therefore is completely illegal.

There is also a burning concern that advertisement made by gambling sites, at times create an impression that they there activities are legal when the fact remains that they are illegal.

The justice department, have been considering punishments for both online gambling operations and their customers because its fair taking such actions, both the operator and the player know that the activity is illegal anyway.

Online gambling has a lot of risks; will you be paid the win? , are the games honest, who specifically is operating the gambling site, and the list is endless. it has a history connected with crime and corruption, that’s why it is controlled and deemed as illegal.

Anything dealing with gambling on the internet, operating an internet gambling site, receiving gambling information or basically facilitating internet gambling in anyway is illegal.

The Lifestyle Of A Poker Player

If you are thinking about quitting your day job and playing poker for a living, that’s great, but you should be aware of the challenges of leading this type of lifestyle. Poker is a game of skill, and if you are already an advanced player you have a solid foundation, but a novice player should not consider depending on playing poker to generate a stable income. The lifestyle of a working poker player is different, sometimes you can make a large amount of money in a short time frame, other times you may have to work several hours and barely turn a profit. It is very challenging so you must be firmly committed to playing long hours and even when you would rather be doing something else.

It is a good idea to pick one game and stick with it, Texas Hold em is a favorite for regular poker players, as is traditional 5 card draw. Although some people do play both games, it is usually better if you just focus on the one you are better at in order to make the best possible profits. Grinding multiple poker tables and winning a poker tournament every chance you get is the rule of law. If you would like this kind of lifestyle, but are not very good at poker, you can always learn poker at a poker school. There are many professional poker schools that focus on Online Poker specifically that charge a reasonable fee.

Set a schedule and stick to it. Playing poker online for a living means you are your own boss, and work your own hours, but it is very tempting to do something else or take too many breaks and other things that cut into the time you need to make a decent living. Before you ever start, pick which days you will play, how many hours per day, and a profit limit for each day. Once the profit limit is reached just walk away for the day, you don’t want to end up losing the profit you just made and have to spend extra hours trying to win it back. Also set a loss limit, if you lose too much in one day you can start to get careless, so don’t be afraid to take a breather if you are having a bad day.

This can be a really rewarding lifestyle for some people. You have no boss, set your own hours, and the income potential is technically unlimited. If you think you have what it takes why not keep your current job and just give it a test run on your days off? The poker players lifestyle is great for the people that can manage it.

UK Gambling Laws

Betting Gaming and Lotteries Act 1963 was the principle law that government the gaming and betting in England. This Act also covered chance games as well as lotteries games and betting games too. The part in the Act that dealt with gaming was overturned with Gaming Act of 1968. And, the topics in the Act that dealt with prize competitions, lotteries and amusements were overturned by Lotteries and Amusements Act of 1976. However, the part 1 of Act is the same covering betting. The Gambling Commission regulates all the gambling activities in the United Kingdom. Nonetheless, the Gambling Act of 2005 is the new legislation that states the procedures for gambling.

Games Allowed In UK

As UK allows players to play gambling games, you can find almost all the casino games in every casino or poker room of UK. However, let us peep into some of the popular as well as the most common games played by UK gamblers as follows. American roulette Blackjack Punto Banco Poker games Dice games Other games: You can find Big 6, casino war, pocket pairs and two ups as the common games in UK casinos.

Penalties Related With Gambling

This is one of the powerful laws of gambling in the entire world where the Commission has power to levy any number of fines, void bets, withdraw licenses, enter premises, bring prosecutions, suspend and seize goods. Furthermore, this Act distributed new works to the local authorities authorizing over 1500 officers to check out the gambling activities in any premises in order to enforce the laws. You can see that there are many punishments, enforcements, membership requirements, and other relevant information about gambling listed in detailed in this Act.

Taxes In Gambling

According to Chancellor Gordon Brown, tax at the rate of 15% on the profits of the bookmakers would be charged. Furthermore, the government shall collect a betting duty at the rate 6.75% from the bookmakers and about 9% from the punters. In addition to this, there is also some ongoing discussion that in near future there may or may not be a hike in taxes over the gambling activities taking place in the United Kingdom.

Top Gambling Sites

There are about hundreds of gambling sites of UK from where you can either download software onto your devices or play directly. Check out some of the reputed websites of UK mentioned as follows. Jackpot party casino: You can find about 50 games over here and can win around 200 pounds. Bet victor casino: There are 150 games here, and a bonus jackpot of 175 pounds.32red casino: This casino is also popular among the masses and it offers around 350 games. Lucky red casino: Here, 4000 pounds is the bonus amount. Ladbrokes casino: Lastly, this casino is equally important offering its players a wide range of games.