Online Gambling Addiction – Risks, Facts, Signs, Stats, & Treatment - TechAddiction

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Online Gambling Addiction -
Risks, Facts, Signs, Stats, & Treatment

Online gambling websites are among the fastest growing and most profitable businesses in existence today.

The keys to the business success of the online gambling model are not difficult to see.

Compared to traditional land-based casinos, online gambling websites are able to operate at a fraction of the cost, do not require tangible materials or equipment (machines, tables, security cameras, a physical building, etc.), and do not need the hundreds of staff that would normally be required for a traditional casino (e.g., dealers, servers, security guards, floor managers, cleaning staff, bartenders, restaurant staff, etc.).

Still, online gambling websites are able offer all the same gambling opportunities found in traditional casinos such as poker, slot machines, blackjack, and roulette (and many games that are not possible in land-based casinos).

And although the costs of running an internet gambling website are relatively low with webhosting, secure servers, support staff, and software development being the primary costs, the profits can be very high.

Just like in a traditional casino, when it comes to internet gambling, the odds are always in favor of the house (or in this case, the programmers who designed the software). Of course the player has a small chance of making money in short term, but losing is a mathematical certainty over the long term if play continues.

In the series of articles below, TechAddiction examines the growing problem of internet gambling and online gambling addiction.

 

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