Is there any Difference between Online Gambling and Online Trading?
Who of Them is the Bad Guy?
When the US Illegal Internet Gambling Act is broadcasting the news with stories of finance and the world wide web, such a great number of people are asking themselves what the true difference between online gaming and online commerce is.
Let us take two people sitting in their bureaus both of them risk their money online, while one of them is violating the law, at the same time the other one is not. One of these two people is a day seller, and with no respect to how you look at this fact, that man is risking his money for the risk to profit from the trade. I think I can make a suggestion that both these men use the Internet for one and the same aim. Though, the latter is at the moment participating in an illicit business. Why illegal? Because Government of the US doesn't get a cent of profit from the the army of online gamblers. It only levies tax money from the day trader.
Daily residents of the USA lose immense sums of money from dealing with papers, not located in Wall Street business offices, but from their own apartments. That kind of usual people are not professional stock dealers, and hold no certificate - in spite of all this they do not have any official barriers to conduct this kind of business.
In fact, the one single factual difference between online commerce and online gambling is the scale of funds the US Government profits from the industries: Day Trading online = huge money; Gambling Online = no money and lots of online casino bonuses for gamblers. It is said that the US Congress passed the anti-gambling online forbidding law for the exact reason that people are not profiting from millions of dollars spent day in day out.
The US Government announces that banned online gambling to save American people from a risky leisure-time activity - one that can addict playersruin families by making gambling-addicts lose all their money. Still they continue to allow unlicensed persons to trade securities, that are not on internet. It is possible that no one remembers the reason, why skyscrapers in New York have windows that don't open: it was made on purpose not to let all the traders from jumping down and being crashed to death after they have lost it all!
Traders generally get tips from a third party, and occasionally they just guess at random. There was a time when many people were investing and making a fortune, until the bubble burst and so many people lost everything they had and were left with just a pile of debts.
If online gamblers are famous for something, it's holding an interest in what they do. Almost nobody gambles on Internet on a consistent basis without learning the rules of the games they play, the strategies, the figures and the art of gambling. When online players improve their skills, they play via others at a higher level in top online casino, but no beginner is forced to play poker with professionals.
Some people today are making their living on online gambling. Amateur players earn up to $10,000 monthly, and although they do not form the major part, they are the ace of aces. All poker professionals are at the moment officially out of work due to 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 around the world are losing their jobs due to cutbacks in the online gambling business.
If the US Government wants to save Americans from loosing millions, so why do they still let the legal form of gambling called internet commerce ruin the lives of common men?