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Traditional vs Online Gambling


From the viewpoint of a layman, gambling is simply a sport involving a lot of money and offering an easy method to multiply one’s money. However, it is also a truth that one has to put his or her money at stake in order to take part in gambling activities. If you look back into the history, you could easily dig out a number of incidents where not just wealth and property were put at stake, but also the identity and family member of the gambler.

The New Form Of Gambling

In the present century, gambling activity has been molded into a two dimensional viewpoint. It is known to everyone that these days almost everyone is facing the heat of fast paced lives and lack of time. In such a situation, internet has certainly provided an easy way to get access to recreation activities. Online gambling provides an easy way to take part in gambling activities right from the comfort of your home. So, no more you have to be physically present at the land based casinos in order to play the games. In addition, online gambling offers privacy too.

In order to make you understand the differences between traditional gambling and online gambling, we have highlighted the basic points that define both of them.

Traditional Gambling

If we talk about traditional gambling, there are mainly three aspects to look for – table games, gaming machines, and random games.

Most of the categories in traditional gambling need wagering with cash and getting them transformed into plastic chips which are of different denominations.

The only game where one does not need to convert cash money into chips is slot machines. In this game, the gambler needs to insert the coin directly into the machine and pull the lever.

Games involving jackpots usually accept cash money for gambling.

Online Gambling

This form of gambling offers more comfort and privacy than the traditional one.

Every single operation can be carried out with the click of a button, which makes it more popular than the land based version of gambling.

Online casinos or gambling sites offer different types of promotional and payback schemes to attract the gambling buffs, which certainly add more spice to the whole thing.

Almost every site offers wide range of games. So, you can get access to all types of games under one roof, without the need to visit multiple casinos.

Online gambling games can be broadly defined into two categories – the downloadable one, where one has to download and install the software in his/her computer; and the instant flash version, which can be played directly on the website.

Comparative Scrutiny of Traditional Gambling and Online Gambling

Even though online gambling is turning out to be quite popular, traditional or conventional gambling is still the unquestionable leader in the market. Nevertheless, both forms of gambling have their own pros and cons. More importantly, it completely depends upon your personal preference when it comes to choose any one between them.

Traditional gambling offers better environment for playing if you are more inclined towards experiencing the adrenaline rush within your body. It certainly feels more exciting to be surrounded by a crowd of casino buffs sharing the same enthusiasm for gambling activities. The pleasure of winning a game simply gets double. Motivation becomes prime ingredient.

On the other hand, online gambling is more suitable for those who wish to play in a peaceful environment, preferably at their home. Online gambling is definitely the best option for those living in remote areas, or where the availability of land based casino is unlikely.

In order to play online gambling games, all you need to have is a computer and an internet connection. Apart from flexibility and easy availability of games online gambling offers better payout, bonuses, and other promotional offers as well. So, it provides you an excellent opportunity to make some good money right from your home.

Conclusion

So, both types of gambling offer some set of advantages and disadvantages as well. It is completely up to your personal likings to which one to choose. Hence, choose the one you like the most.

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Germany Gambling Laws

In the last few years, the gambling sector of Germany has gone through couples of ups and downs. All gambling and betting activities in Germany were termed as illegal in the year 2008. The sweeping ban definitely left the casino owners and gamblers devastated. But, the new Gambling Law passed recently has definitely ignited a new hope among the gamblers and casino lovers

Gambling Law

As per the government of Germany, the prime reason behind imposing this ban was to protect the citizens of the country from the dangers of online gambling. But, the introduction of a new law on 1st of July, 2012, again termed all sorts of gambling as legal. The new gambling law announced in the country is supported by three major judgment areas. They are – Zenatti, Laara, and Schindler. According to this new law, it will be made sure that no gambling activity shall be promoted beyond a limit or extent that would have unfavorable effect on the social aspect of the country. It means that every gambling activity has to be organized within the limits. For example, it would be illegal to conduct lotteries if it is for commercial or personal gain. However, the same gambling activity would be termed as legal if it is for some charitable and cultural purpose. At present, there are 16 states in the country where the new gambling laws have been implemented.

Games Allowed In Germany

Like we mentioned above, the ban has been removed from each and every gambling activity, providing it should remain within limit. Therefore, you can take part in almost every casino and gambling activities in this country. Such as:

  • Poker (which is quite popular in Germany)
  • Texas Hold’em
  • Slots machines
  • Video poker
  • Roulette
  • Horse racing
  • Bingo
  • NFL
  • Soccer betting
  • Lotteries
  • Football
  • Handball
  • Volleyball
  • Formula One
  • Tennis
  • Golf

Fees Of Charges

Since the framing of new gambling regulation is still in the process, therefore no information is available in this regard.

Tax Information

When you are in Germany, you can certainly expect tax on gambling and beer. As per the previous taxation laws, there was around 16.67 percent tax on gambling activities, which include online sports betting activity as well. However, if the new taxation law is passed then the tax rate could come down to just 5 percent of the total turnover. This new rate will not only include sports betting activities but also the horse racing totes and bookmakers. Horse racing is surely going to flourish in the days to come.

Best Sites In Germany

There is no such online gambling site that has its license from Germany. But, there are plenty of sites that accept players from this country. Some of them are mentioned below:

  • Bet365 Casino
  • Bet Victor Casino
  • Golden Rivera Casino
  • All Slots Casino
  • Bovada Casino
  • Red Flash Casino
  • Party Poker
  • Carbon Poker
  • Paddy Power

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India Gambling Laws

In India, gambling is seriously restricted in some parts, however it is considered legal in some parts like Goa and Sikkim. Nevertheless, around 40% internet users still visit the gambling websites for horse betting, cricket and lottery. According to the Public Gambling Act of 1867, running a gambling house is strictly prohibited. If anybody breaks this law, he/she will be punished either with a fine of rupees 200, or an imprisonment of 3 months. In addition to this, visiting the gambling houses is also prohibited in this Act. In this case, the penalty is rupees 100 fine or an imprisonment of one month. Further, regulating the cyber activities and prohibiting or transmitting information is done by the Information Technology Act 2000. Online gambling is also included in this Act along with punishments, the penalty here is a fine up to rupees 100,000 or an imprisonment of 5 years. Still, people play and enjoy gambling in many parts of India.

Casino Games Played In India

Though gambling is not allowed in India, Goa is the place where you can find lot of people gambling day and night. Since decades, Goa is the tourist attraction for casino games. Gamblers enjoy a lot of games in the casinos of Goa; the most common of them all are dice machines, slot machines, and American roulette. Furthermore, you can also find Blackjack and poker too; these are the common games of the lot.

Gambling Penalties In India

As already stated, gambling is only allowed in two states, Sikkim and Goa; but there are many people who play without any legal permission in other parts of the world. If anybody is caught gambling without any permission, he or she has to bear a heavy penalty. The penalty is commonly of two types; one is fine and the other option of imprisonment for few months.

Tax Information Related With Gambling In India

According to section 115BB of Income Tax Act, the tax rate of winning card games, lottery, crossword puzzle, horse race or any other betting game is 30%. Further, you need to note down one thing here that for taxation purpose, there is no distinguishing between legal gambling and illegal gambling. Casino operators of Goa are entitled to pay 10% of the entire profits. However, Sikkim casinos have to pay a fee of 5 crores to get a license for 5 years.

Best Casino Website In India

You can find thousands of website for casino gaming when you are browsing on the World Wide Web.]However, you have to be careful in selecting the best site for yourself based on your requirements.Bet365 and M88 are two best websites for casino gambling for Indian gamblers. Indio casino is also one among the popular casino websites in India. You can come across many fake websites too online, however you have to learn to make a difference between the true and fake ones, otherwise you might fall into a trap and incur losses.

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