Online Poker Benefits

Online poker has become one of the most popular online casino games. Whether it is played for real money or just for fun, playing poker online is the favorite activity of millions of people all around the world. Even though there are still a lot of people who do not understand why this is so, the reasons why so many players enjoy playing this addicting card game online are numerous. One of the greatest benefits of this game is the fact that it is played just like regular poker games at casinos, with the only difference being the fact that it is played from the comfort on your own home. What this means is that you have to follow the rules of the game, but not the dress code, nor the rules of conduct at a fancy casino.

The Benefits of Playing Poker Online

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Although there are many different online casino games available to people, poker is still the number one casino game in the world. When playing poker games, poker players are given the chance to have loads of fun, play with people all around the world, play against real poker pros, enjoy multiple poker games at a time and even try to make some money while playing this addicting game. Aside from these benefits, another one of the amazing benefits of online poker is the ability of poker players to remain anonymous, which is great for those who have to keep this hobby a secret. Also, you can make a lot of money in the computer world and spend it in the real world on whatever you want.



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Playing Poker Online for Real Money

Playing poker online for real money can prove to be either the best or the worst thing that has ever happened to you - depending on how seriously you choose to take it. Namely, it is easy to get carried away in a game of online poker and lose a lot of money without even noticing it. Therefore, it is always advisable to have a good plan of managing the money you invest and hopefully earn. Playing for fun at first and slowly starting to invest smaller amounts of money is the best way of managing your funds in online casino games. Besides this, you should also always put the majority of your potential winnings in a separate account and use it for everything but online casino games. By doing this, you will learn that the money spent or earned at online casinos is nevertheless real money and that it should always be respected.

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Online Gambling

Internet Casinos Inc. (ICI), the world's first online casino, started operating from August 18, 1995, with 18 different games. Since then more than 1,400 websites, mostly domiciled in small Caribbean islands, have given rise to an industry that grosses over $3 billion a year. In fact no business on the Internet earns more revenue than online gambling. Out of the estimated 14.5 million online gamblers, almost 30 per cent are from Asia.

A bet can be placed in minutes. Anyone with a credit card can set up an offshore currency account with a gambling site, leaving them free to place bets on sporting events like Wimbledon, cricket, horse racing and Formula One, or join a virtual casino to play slot machines, roulette, blackjack, poker etc. Companies like Flutter and Betmart accept bets on anything from who is going to win the Nobel Prize to whether Madonna is getting a divorce or not. Bets can range from a nickel to thousands of dollars and according to whether you win or lose the amount is automatically adjusted to your account. The final balance can then either be mailed to you or left for future bets.

The law relating to online gambling in India needs to be understood within the country's socio-cultural context. At the outset, gambling, although not absolutely prohibited in India, does not receive express encouragement by policy makers. The Indian organized gambling industry is estimated to be worth around US$8 billion. While stringent laws have checked the proliferation of casinos and high street gaming centres as in many other countries, barring the state of Goa, the lottery business remains the most post popular form of gambling.

Though gambling is not illegal, it is a highly controlled and regulated activity. Modern India is a quasi-federal Constitutional democracy and the powers to legislate are distributed at the federal as well as the state levels. Gambling features in List II of the Constitution of India, this implies that the state governments have the authority to enact laws in order to regulate gambling in the respective states. Thus, there is no single law governing gambling in the entire country. Different states have different laws governing gambling in addition to the laws that have an application across the country. While some states have banned lotteries, other states allow state government lotteries marketed and distributed in other lottery playing and promoting states through private entities.

Regulation of gambling

The courts have defined gambling as 'the payment of a price for a chance to win a prize'. The dominant element of skill or chance shall determine the nature of the game. A game may be deemed to be gambling if the element of chance or luck predominates in deciding its outcome. As a result, Indian courts have held that betting on horse racing and a few card games are not gambling. The right to undertake the business of gambling and lotteries is not considered as a fundamental right protected by the Constitution of India. It may however be pointed out that the state government run lotteries make significant contributions to the state exchequer of several state governments and the Union government, and hence there is a resistance to complete prohibition.

The following legislation is pertinent to gambling:

The Public Gaming Act, 1867

This Act provides punishment for public gambling and for keeping of a 'common gaming house'. This Act also authorises the state governments to enact laws to regulate public gambling in their respective jurisdictions. The penal legislations in respective states have been amended in accordance with their policy on gambling. However, this legislation does not have any direct impact on online gambling unless a wide interpretation is given to the definition of common gaming house so as to include virtual forums as well.

The Indian Contract Act, 1872 (ICA)

The ICA is a codified umbrella legislation that governs all commercial contracts in India. Under the ICA, a wagering contract is the one which cannot be enforced. The Act lays down; 'Agreements by way of wager are void, and no suit shall be brought for recovering anything alleged to be won on any wager or entrusted to any person to abide by the result of any game or other uncertain event on which any wager is made'. Gambling, lottery and prize games have held to be wagering contracts and thus void and unenforceable. While a wagering contract is not illegal, it cannot be enforced in a court of law. Thus, the courts will not entertain any cause of action that arises out of a wagering contract.

Lotteries (Regulation) Act, 1998

This Act provides a framework for organizing lotteries in the country. Under this Act, the state governments have been authorized to promote as well as prohibit lotteries within their territorial jurisdiction. This Act also provides for the manner in which the lotteries are to be conducted and prescribes punishment in case of breach of its provision. Lotteries not authorized by the state have been made an offence under the Indian Penal Code. Several non-lottery playing states, like Gujarat and Uttar Pradesh, have prohibited the sale of other state-government lotteries under this Act.

Indian Penal Code, 1860

Section 294A deals with keeping lottery office. It says that whoever keeps any office or place for the purpose of drawing any lottery not being a State lottery or a lottery authorised by the State Government, shall be punished with imprisonment of either description for a term which may extend to six months, or with fine, or with both.

And whoever publishes any proposal to pay any sum, or to deliver any goods, or to do or forbear doing anything for the benefit of any person, on any event or contingency relative or applicable to the drawing of any ticket, lot, number or figure in any such lottery, shall be punished with fine which may extend to one thousand rupees.

Internet gambling

The law related to gambling is also applicable to online gambling. All gambling contracts are considered to be wagering contracts and it is not possible to enforce such contracts under the ICA, detailed above.

As pointed out earlier, the online lottery is the most popular form of internet gambling in India. Most companies marketing and distributing or conducting state government-sponsored lotteries through the internet are not allowed to sell their services in the states that banned lotteries. In most cases, these marketers and distributors limit their online services to consumers who are residents of the states where a lottery is permissible. Notwithstanding the fact there has been no reported case of breach by any company promoting online lotteries, most of these companies (as a safeguard) seek an undertaking from their consumers relating to their residence.

There have been instances where one state has banned the lottery of other states, including online lotteries. In a recent case, the Karnatka High Court upheld the decision of the Karnataka government to make itself a 'lottery free zone' by imposing a ban on lotteries of all other states, including online lotteries under the Lotteries (Regulation) Act 1998. The state government, in this case, directed the closure of the terminals and kiosks selling the online lotteries.

Enforcement over foreign jurisdictions

If the websites are hosted and operated from outside India, it may be difficult for the Indian authorities to issue any directive to close them down or prohibit their access without using its blocking powers under the ITA. The authorities have little to worry about, as Indian foreign exchange laws do not permit remittances outside India for gambling related activity, such as the purchase of lottery tickets, football pools and sweepstakes. As a result, a gambling website hosted outside India aiming at receiving money from within India cannot do so through legal channels.

Conclusion

Online gambling remains a highly regulated sector with seemingly limited horizons to grow. While the present regulatory framework makes it difficult for offshore gambling websites to target customers in India, the India-based companies can only distribute and market state-government lotteries online in permitted territories. The pervasive authority with the government to block gambling related websites and the impossibility of enforcing gambling-related contracts further discourage the prospects for the industry.

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The Advantages of Online Gambling

If you're looking for the thrill of a casino, but you can't get to Vegas or Jersey, why not try online gambling? Since its beginnings in the 1990s, the online gambling community has evolved to become a major slice of the gambling pie. Millions of fun seekers turn to online gambling as a safe and fun way to spend a few bucks, and a chance to get hundreds or thousands in return.

At major established gambling web sites, online gambling is just as safe for your money as playing in a regular casino. It's usually free to set up an account, and after that you deposit as much or as little as you'd like using your checking account or credit card and use those funds to bet. Internet security has come a long way, and the online gambling community takes extra precautions to ensure your money, and your winnings, are protected.

The games available for online gambling are even more varied than those in traditional casinos. You will find virtual tables and rooms for dozens of types of poker: stud, Texas Hold 'Em, Caribbean Stud, Video Poker, Three-Card Poker and just about any poker variation you can think of. For simpler gambling, you can play online slot machines, blackjack, roulette, or any of hundreds of click-and-win games. The online gambler looking for a challenge will enjoy Baccarat. With online gambling, the possibilities are endless!

Major gambling sites attract tens of thousands of visitors in a day. There are even thousands of sites for those unwilling or unable to play for money: Many online gambling sites operate on a game credit basis, and you can play just for the fun of it without risking anything. So, whether you want to impress people with your big gambling scores or get a shot at big money online, check out online gambling!

You no longer need to live in a place where there is a casino. With a computer and a connection to the Internet, anyone over the legal age of 21 can gamble right from their own homes. Finally, there is something for everyone who likes to gamble at online casinos. Check out one of the many online casinos today to get in on the game.

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