Whether you are an avid gambler or simply interested in learning about the topic, there are a number of important things you should know. Online gambling can be addictive and can result in massive losses and debt. If you are unsure about how to keep yourself safe, a good first step is to contact a CE-OP (Child Exploitation Online Protection) trainer.
The law of online gambling is primarily determined by state laws. However, there are federal criminal statutes that are implicated by illegal Internet gambling. These include the Wire Act, the Illegal Gambling Business Act, and Racketeer Influenced and Corrupt Organizations (RICO) provisions. In addition, the Travel Act, which protects citizens from unlawful gambling on interstate commerce, is also applicable to online gambling.
Section 1956 of the Internal Revenue Code creates several crimes, including laundering, which is defined as concealing or evading taxes, and laundering with intent to promote illicit activity. It is possible that federal officials will attempt to use this as a basis for prosecuting illegal Internet gambling. Despite the potential for these attacks, they haven’t yet succeeded.
As a result of the Lopez Amendment, there are certain elements in place to help weed out cases of low-level gambling. These include the creation of an office of “gambling oversight” attached to the Treasury Department. This would allow the Treasury Department to monitor and regulate the online gambling industry. The Lopez Amendment also includes Congressional findings on the impact of the statute on interstate commerce.
Those who are interested in online safety should attend a webinar by Myleene Klass, an online safety advocate, and Heather Cardwell, a CE-OP (Child Exposure Online Protection) trainer. They will cover a range of topics including avoiding scams, how to identify fraudsters, and how to stay protected online.
Some of the most common problems related to online gambling are fraudulent casinos and casinos that lure their players into a second transaction. Many fraudsters will create professional-looking websites and may even mention seals of approval. They may ask their players to contact a customer support representative to solve their issues. Once they are contacted, they may ask for money and limit access to the website. Lastly, they may tell the player that they are offering a “special bonus,” or that they will provide gift cards or other items in exchange for a bet.
The most important thing to remember when playing online is to be responsible. It is important to never bet resources that you need to pay for rent or other bills. If you lose your stash, you should close the casino website and not continue gambling.
Another advantage of online gambling is the fact that you can access the games any time you want. There are a variety of options, including mobile gambling, which allows you to bet anytime, from anywhere. It is possible to make a lot of money online, but it can be very risky. Generally, you can expect to lose 2-5 dollars for every $100 you bet. It is best to keep yourself safe by choosing an online casino that is honest and transparent about the odds and the games offered.
