If betting is something new to you, then you may be wondering what real money gambling is all about. That’s exactly why we’re here – to inform you on this and point you in the direction of the best locations for doing it. Real money gambling is actually exactly as it sounds – gambling on games or sporting events or lotteries with real money. That is, your own funds. It’s titled this way because there’s also the possibility for gamers to experience free-play gaming on gambling games. In that instance, you’re given demo funds, which can be utilized to try out betting games without using your own money first. Real money gambling, on the other hand, is the term used to describe placing bets on games and events with your own real money. Simple, right?
So, what exactly is the draw for people to participate in real money gambling? Why should you do it? What kind of interest will it be to someone who has never opted to experience betting before? Well, real money gambling can be very thrilling for a number of reasons. Not least of all because you have the potential to place a real money bet and increase your funds. Gambling can be a general fun thing to do, but it also brings forth the potential to walk away with more money than you started out with.
What’s more, gambling provides a form of entertainment. Regardless of whether you choose to place a bet on an online slot machine, on a round of roulette, on bingo – whatever your preferred gaming choice – it’s there to ensure that you have fun and experience an entertaining time. Real money gaming ups the ante from standard free play, too, because of the aforementioned possibility of winning money. The adrenaline starts pumping as you make your next wager, the excitement builds as you manage to be dealt a winning hand, the visually stunning graphics of many games come into play, and so much more.
To put it bluntly, real money gambling provides you with a pastime that is both enjoyable and also comes with the potential for personal profit.
Real Money Online Casinos FAQ. Below are some frequently asked questions that new gamblers have had in the past regarding real money online casinos. This Q&A style discussion is meant to answer the most basic and common questions gamblers have. These are particularly targeted towards real-money gamblers.
Therefore, you’ll always be informed on the best locations to participate in real money gambling, as well as the types of games that are available in this sector. We provide you with guides that will assist you in becoming a better gambler, taking you through things with step-by-step instructions and hints and tips to learn about.
We have been in this industry for many years now, which ensures that we have the information and knowledge to be able to inform you on everything there is to know. Furthermore, because of this, we are able to protect you from any sites that aren’t worth trusting and direct you to the more respectable, regulated platforms where you’re able to feel safe and secure with your bets. We’re here to inform, protect, and increase your own knowledge of real money gambling through our own experience within the industry.
For the most part, the online gambling world is a very fun pastime to get yourself involved in. Of course, there will always be those sites that try to scam you, leaving you with a very bad impression of them. That’s why we have put our own time and effort into gathering together this collection of online gambling sites that you can trust. We’ve found the very best in quality, which are able to provide you, the player, with a regulated and safe place to participate in online gambling. Here, you’ll find the websites that we recommend in order for you to have a thoroughly entertaining and high-quality experience. Check them out to find the best online platform for you.
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Popular Gambling Activities
So, what types of gambling are considered to be popular today? While multiple different types of online betting exist, there are a certain few that stand out above the rest and are considered to be the most popular options to go for.
Sports Betting
Sports betting is something that has been popular for a very long time already. Even before it became somewhat of a legal entity in countries, citizens were placing bets on different sporting events, trying to pick out winning teams or players for a return on a wager. The sports betting industry has grown considerably over the years, becoming one of the most popular gambling activities today. This is perhaps due to the fact that sports in general are quite popular amongst people, and the outcome of events depends on different teams’ or players’ abilities and skills.
While online sportsbooks tend to have multiple different sports and events to bet on, some of the more popular offerings at these platforms include:
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While sports betting may seem like it’s something that is aimed more at people who have a vested interest in sporting events, this is not always the case. Sports betting can be for anyone. And just like we are able to give you details on the best gambling sites to join, we’re also able to provide you with guides to be able to inform you on how to place sports bets and take you from being a novice gambler through to somewhat more of a professional.
Our guides will also be able to inform you on the various odds that sports events come along with, as well as the differing types of sports bets that you can place on each of the different sports available. Therefore, you’re able to discover all of the details about becoming a better sports gambler right here. In this instance, you’ll have all the information and tools necessary to start placing bets and hopefully making money from such in the process.
Casino Betting
Casinos will be one of the first things that people think of when the words “online gambling” are mentioned. It’s quite understandable, too, because casinos open their virtual doors to avid gamblers on such a frequent basis that they’re becoming more extensive every month. Online casino gaming basically takes everything that you find in a land-based casino and puts it into an online setting. This being the case, you’ll be able to access a wide variety of games from the comfort of your own home or even via a mobile device.
If you’ve ever been to a brick-and-mortar casino establishment, then you’ll know some of the games that they provide. Online casinos don’t falter too far from that same path, often ensuring that a diverse range of options is available.
Slot games are perhaps the biggest and most popular type of game that online casinos will integrate. This is mainly due to the fact that software developers tend to strongly focus on creating and providing such possibilities. Slots offer up intriguing themes, appealing setup designs, and entertaining features for you to experience. Betting on these games is easy to do, with different wager amounts for you to select from in most cases. Sometimes, you’ll even find that slot games come with progressive jackpot amounts in them to win. If you’re lucky enough to trigger one of these, they generally provide life-changing amounts of money.
You’ll also find that more traditional casino games are found at online locations, too, such as roulette, blackjack, poker, and baccarat. These usually come under the category of “Table Games” and also have multiple variations for you to access. Therefore, we’ll be able to give you details on the rules of these games, what differs between the alternate variations, and how to enhance your own skills so as to become a better table gamer.
It’s not only these games that we will provide you with information on, either, as it’s also often the case that you’ll find live dealer casino games available. These take the basic table games and stream live dealers from a studio or land-based casino to give you a more authentic experience. Additionally, other options at online casinos include video poker, scratch cards, and keno.
Regardless of what you uncover as being your favorite type of game, we’ve got the guides and assistance necessary to help you understand how these offerings work and extra hints and tips to assist you with improving your gambling abilities.
So how exactly can you be sure that you’re joining and playing at a legitimate, safe, and top-quality gambling site? After all, with so many possibilities available, it’s only normal to find that some sites will try to take advantage of you. Fortunately, the platforms that we recommend to our readers have undergone extensive research. So, you can guarantee that we’re providing you with information on the highest in quality.
Read Honest Reviews
It’s important to get all of the information about an online gambling site before you choose to join and play there. Why? So that you know what to expect from its game lobby, its sports betting options, odds, depositing methods, support services, and more. That’s why we have brought together the very best in gambling platform reviews. Our honest reviews of all our recommended online gambling sites will provide you with all of the necessary details relating to casinos and sportsbooks.
Anyone who is aspiring to become a better bettor will find our complete reviews of these platforms to be of great assistance. By reading them, you’ll get to know about the pros and cons of all online betting sites, and this will give you insight into if it provides you with everything that is necessary to you as a player. Plus, we’ve actually been in your position as the player at all of these sites. We’ve gone in there, checked out all of the features that they provide, and reviewed them closely. You’ll find all of the details from our own research right here.
That’s what makes our honest reviews the very best out there. Because we’ve gone through the experience of signing up, depositing funds, playing the games, processing a withdrawal, speaking with customer support, and more, we’re able to inform you on what works and what needs more focus at all of these sites. This way, you can get the information that you need and make an informed decision upon which site(s) you want to become a member of and play at. This is the primary way that you’re able to find the very best betting site for you. Honest reviews are the best reviews!
Risks of Real Money Gambling
One thing to note is that gambling should be a fun pastime for you to do, not something that you become too dependent on. This is why it’s important to know that real money gambling also comes with its own risks. Of course, it’s important to not let these risks over-run the entertainment side of things. However, always remember that these risks are a part of the overall real money gambling sector.
Gambling addiction is perhaps one of the largest risks involved with this type of gaming. Unfortunately, many people do become a bit too obsessed with playing casino games and placing wagers on sporting events. It’s important to keep in mind, though, that you’re almost certain to lose money at some point during your gaming session. There isn’t a single gambler out there who can guarantee that they will win on every single bet.
This is why you should always look at real money gambling as a favorite hobby and not specifically as a direct way to make money. Although it is possible to come away with more than you started with, the thing to remember is that this should not be the be-all-end-all.
Furthermore, as spoken of before, there are scam sites that exist in the online world, which is another risk of the real money gambling sector. These sites aim to take your deposit and either not allow you to play with it or not allow you to withdraw your winnings. We don’t endorse such sites, which is why you won’t find any of them on our recommended gambling platforms list. Needless to say, it’s easy to be blinded by masses of games or special offers that will allow you to play for longer.
However, as long as you remain smart and think logically about it, the entertainment and enjoyment factor will far outweigh the risks. Don’t go into gambling with the idea that you’re solely there to make money. Go into it with an open mind, and remember that losses will most likely occur, too.
And never gamble with real money that you can’t afford to lose. Be clever. Be intelligent. But most of all, have fun at your chosen gambling site. Doing so will ensure that the risks of real money gambling aren’t even a factor in your gameplay.
Real Money Bonuses
Perhaps one of the best things about choosing to bet online as opposed to doing so offline is the fact that you can benefit from wonderful bonuses! It’s not likely that you’ll find a land-based establishment providing you with a welcome bonus of 100% up to $1,000!
However, this is very much different when it comes to online casinos and sportsbooks. The vast majority of them come with welcome offers for newcomers to claim and nicely benefit from, which provide you with a nice start. And things don’t end there, either, because additional perks are provided as you continue with your online gambling journey.
The same can be said about an offline bookmaker – you’re not likely to be given a selection of free bets when you create an account at one, whereas online sportsbooks provide some intriguing offers. That’s why, when you compare the two sectors, the online gambling industry wins out quite spectacularly.
The offers that these platforms provide don’t just circulate around bonuses on top of deposits, either. While these are considered to be the most popular promotions to claim, there are various other options for players to enjoy at online casinos and bookies, too.
Some casinos will allow you to receive frees pins on certain slot games. Or sometimes cashback is given on accumulated losses when playing a certain game. It’s also often the case that online casinos will bring forth different seasonal promotions, enabling you to claim offers within certain time periods.
As far as sportsbooks are concerned, apart from the free bets that they often give away to newbies, they’ll also have a selection of sport-specific options. For example, if you’re building up accumulators, you can get some sort of return even if one of the events doesn’t turn out in the way you wagered on it too.
Or if a big sports event is coming up, some platforms give increased odds on such for you to benefit from. All of these special offers and bonuses serve to make your real money gambling experience much more enhanced.
Therefore, if you do have a struggle when it comes to deciding between online or offline gambling, these perks will surely help to promote online betting as being a much more entertaining option.
Legality
Needless to say, online real money gambling is not something that is legal in all jurisdictions around the world. That’s why it’s important to check how legal any sort of gambling is within your country. Of course, this is not always something that is so easy to understand, and finding out whether or not real money gambling online is legal for you to participate in from your country can often be somewhat of a grey zone. There’s nothing so black and white about it.
Many countries don’t have any laws that specifically pertain to online gambling but have set rules when it comes to gambling in general. Alas, it’s important to approach participating in such with care. After all, the last thing you want to do is get in trouble with the law over accessing something illegal. Of course, we want you to have a great time and experience the fun and thrills that come with betting and gameplay, which is why we are here to help with this.
Try consulting your local laws on gambling before you go ahead with placing any wagers. At least you’ll then be somewhat informed on what the legal status of online gambling is in your jurisdiction.
Naturally, we believe that anyone and everyone should be allowed to gamble as they choose with their own money, although some laws are in place to try and stop criminal activity. Don’t lose heart, though, because there will generally always be ways for you to enjoy online real money gambling – especially when you look through our collection of recommended licensed and regulated platforms.
If you opt for one of the casinos or sportsbooks that we recommend, then you can guarantee that they all possess at least one gambling license. Without such, they wouldn’t be operating legally in the online world. These also ensure that a safe and secure gaming environment is provided, while your money remains safe upon making a deposit and withdrawals.
It’s not specifically necessary to access online gambling sites from a home PC. You can also participate in online gambling from a mobile device, such as a smartphone or tablet. Most casinos and sportsbooks today are now optimized to provide a great experience from these devices.
The vast majority of online platforms now provide instant-play games and sports betting. In some cases, you do have the option of downloading such to your desktop. However, it’s often the case that it’s not a necessity.
The great thing about online real money gambling now is that most platforms enable you to use one of many different forms of payment methods. So, while credit and debit cards are usually accepted, so are various e-wallets, prepaid cards, bank transfers, and more.
This is something that will differ from site to site. It also depends upon which withdrawal method you opt to use. Generally speaking, a platform will need up to a couple of days to process the withdrawal for you, and then the withdrawal method you have chosen will do the next part, which can take anywhere between 24 hours and multiple days.
If an online casino is legitimate, then it will provide links to companies that can help with gambling addiction. There are organizations set up around the world to assist with this, and the casino should actively promote these companies.
This depends upon your local laws, which is another reason why it’s better to check into these. In some locations, the minimum age to gamble is 18, while others set it as 21. Make sure you check into this before getting started.
Colorado is one of the few “square” states that seems to be all for online Internet real money poker and casino gambling. Home to the Grand Canyon, the Denver Broncos and approximately 40 tribal and commercial legal casinos, the Centennial State has an amenable relationship with lawful poker betting, largely due to more than $750 million that CO State’s casinos generate in annual revenue.
Given its booming casino industry, which has multiplied by a factor of five over the past five years, it comes as little surprise that Colorado would have a vested interest in pursuing an Internet gambling bill in 2020 that would cover real cash betting on games like Texas Hold’em and other poker variants. And while no official gambling website act has been brought before the CO Senate floor yet, the state’s pro-gambling factions are likely to make a possible push for legal Internet poker in the near future.
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Colorado One Of 10 States Most Likely To Regulate Online Gambling
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- 5 The Facts
But as it turns out, several of Colorado’s gambling and betting interests, including CO State’s largest casino operator, Pinnacle Entertainment, are open to the idea of creating legal poker websites for people in the Rocky Mountain state in 2020. And according to Lois Rice, executive director of the Colorado Gaming Association, talks with some legislators who were interested in pursuing real money Internet poker betting have already taken place [3].
Before passing an iGaming Act relating to lawful Texas Hold’em poker websites and other gambling sites, it is expected that Colorado’s state officials will closely analyze the performance of New Jersey’s and Nevada’s lawful online gambling markets. . As implied by Rice, CO State’s gambling proponents would be hard pressed to move forward with regulating Internet poker until they could more accurately predict the effects online Internet gambling would have on its already thriving land-based casino and real money poker industry.
Although early numbers out of New Jersey indicated that online gamblers are of a different stock than their brick and mortar casino and poker betting counterparts [4], the Internet poker and gambling industry is still in its infancy, rendering the data incomplete.
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Another state has emerged as a candidate to regulate online poker and gambling, as Colorado lawmakers are said to be considering legislation.…
Can Players From Colorado Play Online Poker?
Given Colorado’s exceedingly liberal stance with regards to land-based legal poker and casino games for gambling fans, it doesn’t come as a huge surprise that 2020 poker websites currently accepting US players are acquiescent to patrons of Colorado who want in on the real cash Texas Hold’em action on the Internet. The same can’t be said for Utah, the Centennial State’s neighbor to the West.
So if you were worried that signing up to play online Internet poker for real money would prove more difficult than traversing the Grand Canyon – fear not. Our hand-picked list of the best legit poker websites on our homepage are designed to do most of the heavy lifting for you, allowing you to kick back, and click away to enjoy the poker betting fun.
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Is Playing Online Poker legal In Colorado?
As one of only a few non-coastal states that facilitate gambling, Colorado’s 2020 gambling statues are generally mild in nature. The Rocky Mountain state’s law enforcement agencies rarely pursue real cash poker players with vigor, focusing the majority of their efforts on Internet gambling operators instead.
Still, CO State’s definition of gambling is exceedingly broad and can easily be interpreted to include poker betting under its scope:
Gambling means risking any real money, credit, deposit, or other thing of value for gain contingent in whole or in part upon lot, chance, the operation of a gambling device, or the happening or outcome of an event, including a sporting event, over which the person taking a risk has no control.
Section 18-10-102(2)
Just the phrase relating to chance, implies that playing offline or Internet poker in 2020 is considered gambling. Bella vegas no deposit bonus codes 2018.
The definition goes on to list several exceptions, one of which pertains to social gamblers:
Exempt is any game, wager, or transaction which is incidental to a bona fide social relationship, is participated in by natural persons only, and in which no person is participating, directly or indirectly, in professional gambling.
Section 18-10-102(2d)
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In order to fully gauge the aforementioned definition, it is imperative to understand how the state sees professional real cash gambling.
Professional gambling means: (a) Aiding or inducing another to engage in gambling, with the intent to derive a profit therefrom; or (b) Participating in gambling and having, other than by virtue of skill or luck, a lesser chance of losing or a greater chance of winning than one of more of the other participants.
Section 18-10-102(8)
In other words, real money poker players who cheat or goad fish betting in a poker game into a gambling setting with the intention of exploiting them are considered professional gamblers. Operators could be classified as professional gamblers as well. Otherwise, in so long as the house doesn’t charge a fee or take a rake, playing Texas Hold’em or any other kind of poker shouldn’t present an issue.
The penalties for participating in illicit gambling activities are minimal, at worst:
A person who engages in gambling commits a class 1 petty offense.
Section 18-10-103
In short, gamblers receive a slap on the wrist. Operators, on the other hand are subject to class 1 misdemeanors for first offenses, and class 5 felonies for subsequent violations.
Regarding online poker, the law is less direct:
Whoever knowingly transmits or receives gambling information by telephone, telegraph, radio, semaphore, or other means or knowingly installs or maintains equipment for the transmission of receipt or gambling information commits a class 3 misdemeanor. If the offender is a repeating gambling offender, it is a class 6 felony.
Section 18-10-106
Certainly, this statue was penned before the advent of Internet poker websites and online gambling. Yet conveniently, it does indirectly infer that running an online real cash Internet poker operation within Colorado’s borders is in fact illegal. That being said, the definition only applies to those who conduct gambling operations, not to the poker players who are betting.
As you can see, the legality of playing online poker in Colorado in 2020 resides in a murky gray area, and the decision about how legal poker websites are is best left to a legal professional to decide. However, to our knowledge no one has been prosecuted for wagering real money online on Internet poker games.
For more on Colorado’s state code [5], please refer to the “References” section.
The Facts
The History Of Gambling In Colorado
As far back as the early 1800s, gold miners, prospectors and trappers either living in Colorado or simply passing through CO spurred the growth of gambling within the state. It’s widely believed that Colorado was home to the nation’s first real cash poker and casino gambling house, a saloon that went by the name Brown’s Saloon. Brown’s was located in Black Hawk, Colorado [6] – a town that would later on serve as home base for the gambling and betting boom that would sweep the state.
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Despite laws that rendered gambling illegal, real money wagering on Texas Hold’em poker and other games continued on in Colorado well into the early-1900s. But it wouldn’t be until much later on (the late 20th century) that the first legal poker rooms and casinos would open their doors to the public.
In 1988, the Federal government passed the Indian Gaming Regulatory Act, which effectively allowed tribal factions to operate legal poker games and casinos within their grounds. Fast forward three years later and casinos offering real cash poker and casino games were already beginning to crop up in Black Hawk and nearby Central City.
However, Colorado imposed severe limitations on how casinos could conduct their operations. For instance, the maximum wager that a betting fan could place was a paltry $5. Also, casinos could only operate during designated hours and only CO players over the age of 21 were permitted to take part in gambling on poker and other games by betting.
That being said, the Colorado Limited Gaming Act of 1990 did allow for blackjack, slot machines and most notably poker. The law would be relaxed in 2008, thus ushering in a second real money poker and gambling boom; one that has continued to this very day and has even stretched to Internet poker. To date, Colorado boasts approximately 40 commercial and tribal casinos and reaps in five times the annual gambling revenue than it did just five years earlier thanks to a range of lawful real cash poker games and other casino classics.
In 1983, Colorado legalized the sale of lottery tickets and today permits players to participate in a wide variety of real money lottery gambling formats, including the multi-jurisdiction Powerball and Mega Millions drawings.
Regulated Gambling Options In Colorado
Since 2008, casino and legal poker gambling in Colorado more closely resembles that found in popular gambling states like New Jersey and Nevada. Many of Colorado’s largest casinos now boast several considerably sized real cash poker rooms full of betting options for CO residents, the majority of which are located in Central City and Black Hawk.
Pari-mutuel wagering, lottery sales and charitable bingo and raffles are also permitted within Colorado State – not bad for a state that only first introduced regulated legit poker and casino gambling into its culture 30 years ago.
The Future Of Regulated Online Gambling In Colorado
In late 2013, Colorado lawmakers began drafting an iGaming bill that would authorize real money gambling at online Internet poker websites. The effort stalled, but it proves that Colorado’s powers-that-be are beyond the point of merely discussing an iGaming act, and ready to take action in 2020 on the issue of Internet gambling.
Fun Fact
In 2010, a Colorado Supreme Court refused to weigh in on the skill vs. chance debate with regards to both offline and Internet poker [7]. The debate began two years earlier, when the state’s Bureau of Investigation arrested five gambling operators for holding a $20 real money poker tournament. Pro-poker advocates were in an uproar, using the opportunity to advocate poker as a game of skill and therefore legal for betting on.
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The charges against the real cash poker operators were eventually dropped, although the jury did not state the reasoning behind the verdict. Afterwards, one of the accused, Kevin Raley, with support from the Poker Player’s Alliance, asked the Supreme Court to examine the case. It did not oblige.
The Bottom Line
Expect Colorado to move forward with iGaming legislature relating to legal poker websites and Internet casinos in 2015 and beyond. The regulated poker and gambling market is still too new for cautious lawmakers to pursue an act with vigor, and Colorado’s casinos and real money poker rooms are already doing well enough to justify waiting a bit longer before introducing a new sector into the already expansive CO real cash gambling scene.
Considering that the proper regulatory oversight committees are already in place, once an iGaming bill for Internet poker and gambling websites is signed into law, it probably wouldn’t take more than a year before the first online Internet poker room opens its virtual doors to real money poker players in CO.
That being said, it’s considerably more likely that Colorado, like Nevada, will only pursue making Internet poker websites legal in 2020. The good thing is, Colorado’s hefty population of 5.2 million, many of them avid real cash poker players, could indeed produce a healthy online Internet poker betting community.
References
[1] ↑Gambling Compliance
[2] ↑10 states primed to expand Internet gambling opportunities in 2014
[3] ↑Colorado explores online gambling as virtual and mobile casinos boom
[4] ↑Borgata Boss: Online Poker is No Threat to B&M Casinos
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[5] ↑Colorado Legal Resources
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[6] ↑Black Hawk, Colorado
[7] ↑Colorado Supreme Court rejects poker case
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