We live in an era where life without internet seems impossible and thus we cannot deny that internet has been responsible for many developments yet it has also birthed the place to some of the dark sides for example- online gambling. Gambling, an activity which is known to the masses for nearly a century yet it has evolved in its ways and styles over the decades and still continues to progress. With the advent of technology, online gambling came into being, this is the kind of gambling that is conducted through the internet, starting in the year of 1994. Online gambling at ufabet mainly includes three types of games i.e. Sports betting, poker and casino which all could be operated at just one touch of your finger via internet. Online gambling is prohibited in many of the countries but is legalised in parts of Canada, usa and some of the European nations.
History of online gambling
Gambling can be traced back to many centuries yet online gambling was fostered when the man entered the internet era that was around the mid 1990’s. For developing the online gambling platform, a company called micro gaming introduced a software which was further secured with the software developed by cryptologic. A year after the online platform was introduced, this industry took a steady pace and thus led to many other sites coming up. After a gap of one year, multiplayer online gambling was introduced which further accelerated the growth of the online gambling platform by making it a billion-dollar industry per year. Many of the people who had the habit of gambling in the old fashioned ways restricted themselves to it because of the fear of the interference of the third party which could lead to the biasness of the results by manipulating it.
Chance or skill?
Gambling has been responsible for destruction of many households all over the world, the person thinks of gambling as an escape medium which could be used for doubling the amount of money with which they started and in this hope s/he continues to drown in the trenches of gambling thereby being in severe debt trap or all out of money. There should be stricter actions taken towards restricting gambling activities as the fine for gambling could be increased. On the other hand, the game of skills shall be encouraged.
