The Difference between Online Gambling and Online Trading.
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Which is the Bad Guy?
When the US Illegal Internet Gambling Act is taking over the news with stories of funds and the WWW, such a great number of people are asking themselves what the actual difference between Internet gaming and internet commerce is.
Two people are sitting in their agencies both risking their money on Internet, while one of them is violating the law, the other is not. One of these two people is a daily trader, and in spite of how you look at this fact, that businessman is venturing his funds for the chance to profit from the trade. I guess that both men are using the Internet for one and the same reason. But, the second is at the time participating in an illicit industry. Why unlawful? Since Government of the US is not getting a single cent of profit from the the army of online gamblers. It only levies tax money from the day online trader.
Each day residents of the USA lose billions of dollars from dealing with valuable securities, that are not situated in Wall Street offices, but from their houses. That kind of normal people are not professional stock brokers, and hold no certificate - anyway they have no legal difficulties to risk their funds and get immense profits.
To tell the truth, the one single actual difference between day trading and online gambling is the amount of profits the US Government receives from the industries: Internet commerce = large revenues; Gambling on Internet = not a cent and lots of online casino bonus for gamblers. Today they say that the US Congress passed the anti-online gambling ban for the same reason that the government is loose all the possible profits each day.
The US Government is saying that outlawed online gambling to save American people from a hazardous pastime - one that can addict playersdestroy families by making players lose all their money. Still they continue to allow unlicensed persons to trade paper holdings, which are not on internet. Perhaps no one can remember now for which reason large buildings have windows that can not be pulled up or opened: it was made on purpose to prevent all the day traders from jumping down and being crashed to death after they have lost it all!
Day traders generally receive tips from person, and at times they just guess and place orders as luck would have it. There was a time when all people were investing and making a lot of money, until the bubble exploded and so many people lost everything they had and were left with just a pile of debts.
If online gamblers are famous for one thing, it's taking an interest in what they do. Almost nobody gambles online on a permanent basis without studying the games they play, various special ways, the statistics and the art of gambling. As online gamblers improve, they play with others at a higher level in best online casinos, but no beginning online player is forced to play poker with professionals.
Some people today live on online gambling. Amateur players earn up to $10,000 a month, and while still they do not form the major part, they are the just firstest with the mostest. All poker professionals are now officially out of work thanks to the new online gambling ban, and negative casino review in the web. And gambling professionals are not the only people left aside. So many people around the world are losing their jobs because of the cutbacks in the online gambling industry.
If the US Government wants to save Americans from loosing millions, so why do they now let the legalized form of gambling called online trading ruin the lives of regular people?