Online gambling is any type of gambling conducted online. This includes casinos, live casinos and virtual poker. The first online gambling site opened for the public, was electronic lottery ticketing for the World Online Betting System in October 1994. Since then there have been many online sites that offer a variety of different types of gambling games, all done from the comfort of your own home.
There are currently twenty-four states in the United States of America which have legalized online gambling. In addition the laws are very similar in each state to the laws of real casinos such as licensed gaming houses and Las Vegas. All online gambling games are regulated by the United States Department of Treasury. The United States State Department is the lead regulator and also oversees the operations of the Internal Revenue Service.
The United States National Futures Association is an organization that oversees and develops the laws governing the online activities related to gaming, sports, business, the environment, communications and youth. It is governed by a committee which consists of seven members appointed by the Secretary of the United States. The members of the Futures Association are the Chief Financial Officers of publicly listed corporations, certified public accountants, attorneys, investment bankers, insurance sales representatives, non-lawyers and other financial experts. The purpose of the association is to protect the interests of its members and facilitate online gambling at the state and national level. There are several associations which do not fall into this category such as the American Sports Betting Association.
There are a wide variety of games which can be played and won at an online gambling site. Online Poker is one of the most popular games played at an online gambling site and is played by people from all over the world. Online slot machines and video poker are other popular games and are played by gamblers from all over the United States as well as Canada.
In order to gamble on an online casino you will need to create an account with the online gambling casino you choose to join. After creating an account with the casino you wish to join the online gambling gaming site and type in the appropriate information for your gambler identification number (GIN). This is a nine digit number which is assigned to each individual who gambles on an online casino. You then create a wager and place your wager.
Once you have placed your wager you can transfer funds to your bank account by making use of the money transfer transaction service provided by the online gambling casinos. There is no need to visit the casino and deal with the sales staff. The whole process is made simple for you and takes just minutes. Now, wouldn’t you love to get some quick cash without having to wait in line at the cashier or dealing with troublesome customers?