Which is the Bad Guy?
When the US's Unlawful Internet Gambling Act takes over the news on finance and the WWW, such a great number of people are beginning to wonder what the real difference between Internet gambling and online trading is.
Let us take two people hanging in their offices both risking their money on Internet, one is breaking the law, the other is not. One of these businessmen is a day merchant, and no matter how you look at that, that man is venturing his money for the possibility to have an interest of each transaction. I think I can make a suggestion that both men use the Internet for one and the same cause. Nevertheless, the person gambling online is at present participating in a prohibited business. Why criminal? Since Government of the US doesn't get a single cent of profit from the the army of online gamblers. It only levies tax money from the day online trader.
Each day Americans lose immense sums of money on trading capital issues, which are not headquartered in Wall Street business offices, but from their lounges. That kind of usual men are not professionally trained stock brokers, and hold no certificate - anyway they have no legal blocks to carry on their illegal business.
In reality, the only actual differing feature between e-commerce and online gambling is the amount of money the US Government makes out of the industries: Online trading = lots of money; Gambling on Internet = not a cent and lots of online casino bonus for gamblers. We often hear that the US Congress passed the anti-online gambling ban for the same reason that the country is not getting any revenues of the millions spent each day.
The US Government is reported to have said that outlawed online gambling to save the American public from a hazardous free-time activity - and destroy families by causing gamblers go bankrupt. But they continue to allow unlicensed persons to trade marketable investments, not on internet. Maybe no one remembers the reason, why large buildings have windows that can not be pulled up or opened: it is to prevent all the traders from jumping down and being crashed to death after they have lost it all!
Day traders mainly receive tips from person, and every now and then they simply guess at random. In the past all people were investing and making a lot of money, until the bubble exploded and many were left with nothing but a pile of debts.
If online gamblers are famous for one thing, it's holding an interest in what they do. It seems like nobody gambles online on a consistent basis without learning the rules of the games they play, various special ways, the statistics and the art of gambling. As online gamblers improve, they play with others at a higher level in top online casinos, but no beginning online player is forced into a poker room with professionals.
Some people today are making their living on online gambling. Amateur gamblers earn up to $10,000 monthly, and although they are not the majority, they are the best of the best. All these professionals are at the moment officially out of work because of the new online gambling ban, and negative online casinos review in the web. And gambling professionals aren't the only ones suffering. A lot of people in the whole world are losing their jobs due to cutbacks in the online gambling industry.
If the US Government wants to save Americans from loosing millions of dollars, why do they still let the legalized version of gambling called internet commerce ruin the lives of regular men?
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