Which is the Bad Guy?
As the US's Unlawful Internet Gambling Act is broadcasting the news with stories of investments and the Internet, a lot of people question what the factual difference between online gaming and online commerce is.
Imagine two people sitting in their agencies both of them risk their money on Internet, one is violating the legislative norms, the other one is not. One of these men is a daily dealer, and no matter how you take that fact, that person is risking his funds for the risk to raise his revenues. I believe that both these men are using the Internet for the same reason. Nonetheless, the one that is gambling online is at the moment participating in a banned industry. Why prohibited? For the reason that Government of the US is not getting a single cent of the revenues from the the army of online gamblers. The Government only levies tax money from the day online seller.
Every day Americans lose billions of dollars on trading papers, which are not based in Wall Street offices, but from their family rooms. These common men are not trained stock dealers, and they do not have any legal permission - in spite of all this they have no legal difficulties to risking their money online.
In truth, the only factual difference between online commerce and online gaming is the amount of profits the US Government makes out of the businesses: Day Trading online = large revenues; Gambling on Internet = nothing and lots of online casino bonuses for gamblers. It is said that the US Congress is working on the anti-online gambling forbidding law for the same reason that they are not getting any revenues of the millions spent every day.
The US Government says that forbade gambling on Internet to set American people free from a hazardous leisure-time activity - one that can addict playersruin families by making gamblers go bankrupt. Yet this will not affect the unlicensed traders, who are free to go on and trade financial credit documents, which are not online. Possibly no one can remember now for which reason skyscrapers in New York have windows that don't open: it was made on purpose to prevent all the day traders from plummeting to their death after losing it all!
Day traders generally receive tips from person, and now and then they merely 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 many were left with nothing but a pile of debts.
If online gamers are famous for one thing, it's holding an interest in what they do. It seems like nobody gambles online on a permanent basis without studying the games they play, various special ways, the figures and the art of gambling. As online players improve their skills, they play with others at a higher level in best online casino, but no beginning online player is forced to play poker with professionals.
Some people now live on gambling online. Amateur players earn up to $10,000 monthly, and although they are not the majority, they are the best of the best. All these professionals are by now officially out of work because of the new online gambling ban, and negative casinos review in the web. And gambling professionals aren't the only ones suffering. A lot of people around the world are losing their jobs because of the cutbacks in the online gambling business.
If the US Government wants to save Americans from loosing millions of dollars, why do they still let the legalized form of gambling called day trading ruin the lives of regular men?