Gambling nowadays is not related to a mere recreation activity albeit it has now taken a new direction into business and industry. For some it’s a pleasure activity and for the others it is a lucrative business. Although gambling is not at all a new sport which has emerged in this century, it has been a favorite of our ancestors and the historians date back the involvement into this activity to prehistoric times. It has been factually proved that even the early caveman was a gambler.
Gambling to a layman would mean sport involving money and an easy way to multiply the same. Although being a part f this sport means staking of one thing or the other JOKER123 . History has witnessed several incidents where not only wealth and material objects were a part of this game but also one’s own identity or the ownership of a family member was staked.
Gambling activity in this century has taken a two dimensional outlook. With high paced lives and scarcity of time for almost everything, even recreation activities are time bound. To this new age life, Internet comfortably snuggles in and creates a position of its own, thus giving room to Online Gambling. As compared to traditional gambling practices where one has to be physically available in the arena of casino, online gambling gives us the comfort of gambling in the privacy of our homes or café.
To further elaborate on both the categories of gambling lets have a closer look into the basic features of both. Traditional gambling basically has three types of games involved namely the table games, random games and gaming machines. Almost all the categories in traditional gambling requires parting with physical cash and getting them converted into chips which are of various denominations and are then further used in the game. The only division of game which does not require conversion of cash into chips is that of slot machines. Here the gambler has to place a quarter into the slot machine and pull on the lever. There are still some games where cash is deposited, but that is mainly confined to games which involve huge jackpots. Generally in such games the basic deposit only sums up to a huge amounts.
Online gambling, on the other hand, is a relatively comfortable way of enjoying the game. Needless to say the reason for its manifold popularity goes to the time factor and the availability of pleasure at the click of a button. Moreover, in order to attract more and more people into online gambling the owners make their sites tempting by offering various payback schemes and added advantages to its members. All sorts of games can be selected by just logging on the website. Basically the games available in this form of gambling can be broadly divided into two categories, one in which a particular software needs to be downloaded and the other which can be played without it as well.
Whether you’re a fan of online poker or bingo, enjoy betting on sports, or play popular online casino games, PayPal is a great choice for securely funding your gaming accounts. PayPal is one of the most popular and reliable ‘online wallet’ systems, allowing you to manage your online gaming funds with convenience and security. Gaming sites often allow deposits by PayPal for residents of the UK and a range of European countries where online gambling is legal, while residents of the USA and other countries are awaiting the required laws and regulations hopefully in the near future.
Being able to transfer money in and out of your gaming accounts usually takes just seconds with PayPal, while other methods like credit cards can take much longer due to additional security checks used by the gaming companies. Merchants also commonly add their processing fees to many payment methods, but PayPal is a preferred payment method so transfers to and from gaming accounts usually have no additional fees. That means you can often save quite a bit of both time and money by using PayPal to funds your online gaming.
Of course another advantage of PayPal is that you don’t need to provide your private credit card details to the gaming company, limiting your exposure to any potential security problems they may have. PayPal employ a wide range of security precautions to keep your account safe and your money protected. So using PayPal to pay for your online gaming provides a peace of mind which isn’t always available when using your credit card online.
One of the top benefits of using PayPal with your gaming accounts is the ease of accessing your winnings. After transferring your winnings to your PayPal account, you can then withdraw to your bank account, or keep it in your PayPal account for fast access when you want to play on other sites in the future. You can also use the funds in your PayPal account to pay for auctions you win on eBay, and for purchasing products and services on many other sites. Using your PayPal account is a lot faster and more convenient than bank transfers so it’s great for both depositing to gaming accounts and for withdrawing your winnings.
Another great benefit for players is the ability to deposit to their PayPal account using payment methods that are not supported directly by the gaming sites. For example a gaming site may not support transfers directly from your Maestro card, but you can instead transfer from your Maestro card to PayPal. In this way PayPal can provide you with even more gaming options with a maximum level of convenience and security.