History of the game and transformation in game
Gambling is something that many of us today cannot run away from. It’s been around for thousands of years and it’s not about to go anywhere. Some even say that it is intrinsically linked to humanity itself, meaning that the game is within our very human nature.
Gambling is wagering money or anything else of value for the primary purpose of winning a material object or money. Gambling is often done with an awareness of the risk the player is taking. For the game to occur, three elements must be present, which is the consideration or amount bet; risk and reward. Today, gambling has evolved into what is now considered a modern game and is even regulated in most countries and licensed by gaming authorities. It has truly become an international business activity and is said to bring millions into economies.
History
Gambling dates back to before history was written or to 3000 BC. C. with six-sided dice. Its history dates back to ancient China, where betting on animal fights was a common practice. It was not until the 10th century that lotteries and domino games appeared in China and gambling began to take shape. The popular games that we know today as poker appeared in the United States in the 17th century and they say; the rest is really history.
When the game became mechanized, it became easier to regulate the winnings more precisely and the odds to be in everyone’s favor. People no longer had to rely on the goodness of the bookmakers, as the machine basically determined the outcome.
Online betting/Gaming
The breakthrough for online gambling came in 1994 when Antigua and Barbuda passed the Free Trade and Prosecution Act which allows licensing to organizations applying to open online casinos. Between then and 1996 a number of laws were passed, all targeting online gambling, and in 2003, the first live dealer casino was introduced.
today’s games
The more technology has advanced, the more the gaming industry has evolved with developments geared towards making the player’s lie much easier. Given how lucrative the gaming industry is and the fact that people really like to play games, many governments have had little choice but to allow gaming and control the industry solely through licensing. There are numerous online casinos in the world today, the best of which are licensed in the various areas in which they practice.
The gaming industry has evolved rapidly, a number of games are now available online and many prizes can be won on various sites. The only word to players today is to make sure you play with an online casino that is licensed and reputable or properly established.
If you are in doubt about the reputation of any online casino, visit a website that offers independent casino reviews of the gaming industry today.
