The Difference between Online Gambling and Online Trading.
Who of Them is the Bad Guy?
When the US Illegal Internet Gambling Act takes over the news on money and the world wide web, a great number of people question what the factual difference between online gaming and online trading is.
Let us take two people hanging in their bureaus both risking their money online, one is violating the legislative norms, at the same time the other one is not. One of these two people is a daily merchant, and in spite of how you take it, that businessman is venturing his funds for the possibility to raise his revenues. It seems to me that both men are using the Internet for the same cause. On the other hand, the second is currently taking part in an illegal business. Why prohibited? As Government of the US is not getting a single cent of the income from the online gambler. It only gets tax money from the day online trader.
Every day Americans lose millions of dollars on dealing with financial credit documents, which are not located in Wall Street offices, but from their drawing rooms. This kind of common men are not highly-qualified stock brokers, and hold no certificate - still they do not have any legal impediments to carry on their illegal business.
In reality, the one single actual differing feature between online commerce and online gambling is the amount of money the US Government receives from the businesses: Online commerce = large revenues; Gambling on Internet = not a single cent and lots of online casino bonus for gamblers. It is said that the US Congress passed the anti-gambling online ban for the exact reason that people are not getting any revenues of the millions spent daily.
The US Government says that banned online gambling to save the American public from a risky free-time activity - leave a person broke and miserabledestroy families by causing gamblers lose all their money. However they continue to allow unlicensed persons to trade securities, that are not on internet. Possibly no one remembers for which reason skyscrapers in New York 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 losing it all!
Day traders mainly get advice from a third party, and sometimes they simply guess and place orders as luck would have it. In the past many people were investing and making a fortune, until the bubble burst and many were left with nothing but a pile of debts.
If online gamers are famous for one thing, it's taking an interest in what they do. Almost nobody gambles online on a permanent basis without learning the rules of the games they play, the strategies, the statistics and the art of gambling. As online players improve, they play against others at a higher level in best online casino, but no beginner is forced into a poker room with professionals.
There are real people in our days live on online gambling. Amateur players earn up to $10,000 a month, and while still they are not the majority, they are the cream of the crop. All poker professionals are at the moment officially out of work thanks to the new online gambling ban, and negative online casinos review in the web. And gambling professionals aren't the only ones suffering. So many people in the whole world are losing their jobs because of the cutbacks in the online gambling business.
If the US Government is willing to save the people from loosing millions, so why do they now let the legalized version of gambling called online commerce break the lives of regular men?