- You have no items in your shopping cart
- Subtotal: රු0.00
Gambling these days is just not related to a mere recreation activity albeit it has now taken a whole new direction into business and industry. For some it’s really a pleasure activity as well as for the others it really is a lucrative business. Although gambling isn’t at all a brand new sport which has emerged within this century, it has been a popular of our ancestors and the historians date back the involvement into this activity to prehistoric times. It has been factually proved that even the early caveman was a gambler.
Gambling to a layman would mean sport involving money and an easy way to multiply the exact same. Although being a part f this sport means staking of one thing or perhaps the other. History has witnessed several incidents where not only wealth and material objects were a part of this game but in addition one’s own identity or the ownership of a family member was staked.
Gambling activity in this century has taken a two-dimensional outlook. With good paced lives and scarcity of time for just about everything, even recreation activities are time bound. To this new age life, Internet comfortably snuggles in and creates a position of its own, thus giving room to Online Gambling. When compared with traditional gambling practices where one has to be physically accessible in the arena of casino, online gambling gives us the comfort of gambling within the privacy of our homes or café.
To further elaborate on both the categories of gambling lets have a closer look in to the basic features of both. Traditional gambling basically has three kinds of games involved namely the table games, random games and gaming machines. Just about all the categories in traditional gambling requires parting with physical cash and getting them changed into chips that are of various denominations and are then further utilized in the game. The only division of game which doesn’t require conversion of money into chips is that of slot machines. Here the gambler must place a quarter in to the slot agent machine and pull on the lever. There are actually still some games where money is deposited, but that’s mainly restricted to games which involve huge jackpots. Generally in such games the basic deposit only sums up to a large amounts.
Online gambling, on the contrary, is a relatively comfortable way of enjoying the game. Not surprisingly the reason for its manifold popularity goes to the time factor as well as the availability of pleasure at the click of a button. Furthermore, to be able to attract a growing number of people into online gambling the owners make their sites tempting by offering various payback schemes and added advantages to its members. All kinds of games may be selected by simply logging on the site. Basically the games available in this form of gambling can be broadly divided into two categories, one in which a particular software needs to be downloaded as well as the other which can be played without it as well.
Comparative Analysis of Traditional Gambling and Online Gambling
Although online gambling is gaining momentum, traditional gambling is still the undisputed leader in the business. You can find advantages and disadvantages in both forms of gambling and it depends upon the personal liking of each gambler as to which form suits his or her requirement.
In traditional gambling where you can find the adrenaline rising and pressure on one’s nerves, the same is a miss in online gambling to some extent. The pleasure of winning and celebrating may be only enjoyed within the traditional gambling. The drive behind playing it again and again lies in winning and celebrating, thus giving instant boost in business of the casino owners. Winning of one motivates thousands others to remain within the game. Thus if we see the involvement, pleasure and financial element of gambling, without doubt traditional gambling would take a lead into it.
Online gambling, on the flip side, suits one and all to the extent of men and women residing in remote areas where accessibility of a real casino is a miss. All it takes is an elementary internet access and also you are into the pleasure of the sport. It provides you with the leverage of time and space. Another good thing about online gambling may be that for several enjoy huge payouts and bonuses, but together with it the businesses keep a catch of not paying the whole earned amount so that you can make the gambler play for long. The rationale for making a player gamble for longer durations is the fact that generally the longer you play the probability of you losing increase, thereby making the casino owners reap higher profit margins.
With regards to business traditional gambling is favorable to the casino owners. They have all the tools and tactics available to make a gambler play and remain for long which in turn means that the odds rise in the favour of casino owners. But for a gambler, traditional form of gambling might be of loss sometimes as the earnings are lesser than the actual amount earned. Generally the payouts will be in terms of five to six times the particular amount put at stake but the casinos pay out lesser and so results in visible loss.
Gambling in the eyes of gambler has its own dimensions which cannot be gauged by the critics. Form of gambling may have difference of opinions but the ultimate pleasure of sport can’t be undermined in either form of gambling.
Alternatively gambling as a line of business may mean totally different to the casino owners. They will have an altogether different stream of thoughts to analyze the 2 forms of gambling.
To sum up, both the forms of gambling have their own set of pros and cons and none of it can be said to be perfect. It totally depends upon the person to select from the options available which could satiate his or her desire.