In these days just about everyone owns a computer or has some sort of a way to get online, and with good reason! There are so many different things you can do online now a days that you couldn’t do say even five years ago. The sheer amount of online gambling sites alone is earth shattering. In the year 2002 as listed in USA Today by equity research firm Bear Stearns was quoted in saying that over 4.5 million people, half of them being people from the United States regularly gamble online. Of course this number has more than doubled in the past six years since that quote was written in USA Today.
Almost anyone can gamble online at these gaming casinos, as long as it is legal in your place of residence! There are numerous amount of sites such that offer games such as roulette, black jack, and slots where you can play for real money and win real money in the process. Other sites have other things such as “chips” that when accumulated can be used to buy stuff on the site, or to play more games. More likely than not however, if you’re going to be gambling online you’re going to win some real money! Either way please make sure you know you’re state or country legislative laws before gambling online.
If you are going to gamble at a site with real money its a good idea to follow these point of criteria:
- Make sure the site is legally licensed
- Payouts are reviewed and certified by an independent auditing firm
- Customer support is responsive
- Accreditation is given by sources such as SafeBet, and the Interactive Gaming Council
Online gambling sites and casino sites more than likely will allow you to pay with credit card, check, money order, or wire transfer. Although recently sites have also started accepting other forms of payment such as FirePay, NetTeller, ACH, 900 Pay and the like. I personally like the ones that have the ACH option because you can take it directly out of you’re bank account and put it right into you’re account online. Also don’t be surprised when signing up for these sites if they ask for you’re drivers license number, bank account number, credit card number, or social security number. This is just their way of assuring that you are of legal age!
If you are searching for sites that either allow real money wagers or fake wagers please go to Google and search for keywords such as “Online Gambling Sites”, “Online Black Jack Sites”, “Online Roulette Sites” or other search terms such as “Gamble With Real Money Online” or “Online Gambling Casinos With Real Wagers.”
The Shanghai Composite started out as a way to capitalize Chinese Businesses, but with all the market manipulation it seems more like it’s turned into a gambling casino in many ways; much like the NYSE, or NASDAQ. It seems that the Chinese People who are really great at saving money have boosted stocks to an unreasonable multiple as many stocks were trading at 80-100 times earnings.
Then when the Global Economic Crisis hit China, many of their companies that were involved in manufacturing and exporting took a huge dive in profits, meaning their stock price based on things like quarterly profits was completely out the window. Many Chinese, just regular small time investors felt it was not fair, as they had put their money into the stock market and watched it rise, only to fall again and give up 20-25% in a very short time period.
But besides all that, I asked one small time investor from China; “Do you realize why stock markets exist?” Interestingly enough, she didn’t really, so I explained the stock markets exist to capitalize businesses. So, if that is what they are for, and if you really want to make money, you should be involved in the capitalizing of businesses, based on simple and sound principles.
Then I recommended to her, as I will to you, to read Warren Buffets essays, and to learn more about investing in the business world. Not long ago, I mentioned all this and the conversation to Guang Wu, the author of a new book; “China: Has the Last Opportunity Passed by!?” and his comments were that stock market investing is indeed much different and new to many Chinese Investors. So, please consider all this.
Many people decry gambling casinos because they say it brings in crime and it fosters the criminal element. Many people are upset with gambling casinos because so many individuals who cannot control their addiction will lose all their money and end up homeless on the streets. Many people will say that these factors cause more hardship than good in our society and civilization. Whereas most of this is true in some regards one must also look at the aspect of the huge number of people that are brought in due to gambling casinos.
The gambling casinos bring in huge amounts of revenue into the city, which also helps small business people and provides tremendous numbers of people a good job. Additionally, many state and government agencies receive quite a bit of money in tax revenue from the gambling casinos. This helps pay for services that the Government provides this in a sense that normally would not be able to do.
A strong public relations campaign is needed for gambling casinos to educate the public to all the facts and also to remind them that with the huge number of people coming into the city there is going to be a little bit of increased crime just like there is more crime and a local regional mall.
The human species seems to have issues with gambling and it seems to be an innate characteristic of mankind. If people are not gambling in casinos they may be doing other gambling and risky behavior, which could cause injury or death. All these things must be taken into consideration when considering gambling casinos and a good public relations strategy should point these out. Please consider all this in 2006.