Online Gambling is the process of betting or playing games of chance or skill for money using a remote device such as a computer, tablet or smartphone. It is a rapidly growing and increasingly popular form of gambling.
Legality of online gambling varies between countries and it is important to check the laws in your country before playing. It is also a good idea to check out the reputation of any gambling site before depositing any money.
The risk of criminal activity is always there, but online gambling sites are particularly susceptible to fraudsters attempting to steal your information. The best way to avoid becoming a victim is to always play at reputable, regulated and licensed sites that uphold strict responsible gambling measures.
UIGEA and Credit Cards: The US Government has made it illegal for banks and credit card companies to transfer American citizens’ money to online casinos. This legislation is known as the Unlawful Internet Gambling Enforcement Act (UIGEA).
Banks and credit card companies must provide a special code to online gambling sites so that the transaction can be denied at the point of authorization. This is a simple, but effective, method of preventing criminals from laundering funds from legitimate online gamblers into crime organizations or other illegal activities.
E-Wallets: Many online gambling sites accept e-wallets like PayPal, which can be used to deposit and withdraw funds without revealing your identity. These are a safe, secure and convenient option for most people.