As technology advances, more and more people are turning to the internet for their entertainment needs. This is especially true for activities that used to require traveling or going to a physical location. Gambling is one such activity, and online casinos are quickly becoming the most popular resource for modern gamblers.
There are many reasons for this, but some of the most notable benefits include convenience, affordability, and a wide variety of games and betting options. In this blog post, we will discuss these benefits in further detail and give you some tips on how to get started gambling online. So if you’re curious about giving it a try, keep reading!
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How big is the online gambling industry?
It’s hard to quantify the size of the online gambling industry. After all, there’s no sure way to know how much money is being wagered on illegal sites. But if we look at the legal online gambling industry, we can get a pretty clear picture of its size. In 2017, the global online gambling market was worth around $44.16 billion.
And it’s only getting bigger. By 2020, the market is expected to be worth over $56 billion. So whether you’re betting on sports, playing casino games, or participating in poker tournaments, it’s safe to say that there’s a lot of money at stake.
Also read: Why Are More People Turning to Online Betting?
What percentage of gambling is online?
It’s hard to say what percentage of gambling is now done online. It depends on how you define “online.” If you include activities like playing the lottery or betting on horse races, then the percentage of gambling that is done online is probably quite low. But if you only consider activities like playing poker or casino games, then the percentage is probably much higher.
In any case, it’s safe to say that a significant amount of gambling is now done online. And that trend is likely to continue as more and more people get comfortable with using the internet for financial transactions.
Why is online gambling more addictive?
Online gambling is more addictive for a number of reasons. First, it is more convenient than gambling in a brick-and-mortar casino. You can gamble anywhere there is an Internet connection, which means you can gamble anytime, day or night. Second, online casinos offer a wider variety of games than brick-and-mortar casinos.
There are literally hundreds of different games to choose from, which means there is something for everyone. Third, online gambling is anonymous. You don’t have to worry about running into people you know while you’re gambling. This anonymity makes it easier to get caught up in the game and lose track of time and money.
Finally, online gambling is more exciting because it is more fast-paced than traditional gambling. With all of these factors working together, it’s no wonder that online gambling is more addictive than ever before.
