Online Gambling is the process of placing bets and games through the internet. It can take a variety of forms including sports betting, lottery tickets, online casinos, poker and blackjack tournaments, and more. The vast majority of online gambling games are based on luck, although some have elements of skill and strategy. The main reason for the popularity of online gambling is its convenience, accessibility, and low cost.
However, there are concerns about the potential for Internet gambling to promote unhealthy behaviour and exacerbate existing problems, particularly among at-risk populations. It is important that trusted adults are aware of the risks and know what to look out for when it comes to children or young people using Online Gambling.
The relationships between Online Gambling and gambling disorders are complex and research needs to continue in order to understand the impact of this mode of access on gamblers, their experiences, and prevalence. For example, one study compared behavioural data from online gamblers with self-reports of gambling problems and found that not all highly involved gamblers were at risk of developing a problem and that the relationship was independent of other social factors, such as low levels of family support or risky alcohol consumption.
Fraud is a major challenge for Online Gambling sites, especially those with live games. Not only do they lose out on revenue, but they also face hefty fines and legal trouble if they fail to weed out fraudsters from their platforms. Luckily, SEON can help them save money and time by acting as a pre-KYC check, ensuring that they only accept players who are free from fraud and self-excluded.