Who of Them is the Bad Guy?

At the same time as the US Illegal Internet Gambling Act is broadcasting the news on finance and the WWW, so many people are beginning to wonder what the real difference between Internet gambling and e-commerce is.

Let us take two people sitting in their agencies risking money online, while one of them is breaking the legislative norms, the other is not. One of these men is a daily trader, and with no respect to how you look at that fact, that person is venturing his money for the possibility to raise his revenues. I think I can make a suggestion that both these men are using the Internet for one and the same aim. Still, the second is at the time participating in an illegal business. Why illegal? Because Government of the US is not getting a cent of profit from the online gambler. It only gets tax money from the day e-trader.

Each day residents of America lose several million dollars from trading capital issues, that are not located in Wall Street business centers, but from their houses. Such normal men are not high-class stock brokers, and they do not hold any legal permission - still they have no official blocks to conduct this kind of business.

Really, the single factual difference between day trading and online gaming is the the scale of investments the US Government receives from the industries: Internet commerce = large revenues; Gambling Online = not a cent and lots of casino bonus for gamblers. Today they say that the US Congress passed the anti-online gambling ban exactly for this reason that people are loose all the possible profits day in day out.

The US Government says that outlawed gambling on Internet to save the American public from a unsafe pastime - one that can addict playersdestroy families by causing players go bankrupt. However they continue to allow unlicensed persons to trade securities, which are not on internet. Possibly no one can remember now for which reason large buildings have windows that don't open: it was made on purpose to prevent all the traders from plummeting to their death after losing all their money!

Day traders usually get tips from a third party, and sometimes they simply guess at random. There was a time when all people were investing and making a lot of money, until the bubble burst and many were left with nothing but a pile of debts.

If online gamers are famous for something, it's holding an interest in what they do. It seems like nobody gambles online on a permanent basis without studying the games they play, the strategies, the figures and the art of gambling. When online gamblers improve, they play with others at a harder level in top online casinos, but no beginner is forced into a poker room with professionals.

There are real people today live on gambling online. Amateur players earn up to $10,000 a month, and while still they are not the majority, they are the cream of the crop. All these professionals are by now officially out of work because of the new online gambling ban, and negative 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 the people from loosing millions of dollars, so why do they now let the legalized form of gambling called day trading ruin the lives of regular people?

    Read More   

Comments are closed.