Who of Them is the Bad Guy?
While the US Illegal Internet Gambling Act is taking over the news on investments and the world wide web, a lot of people are starting to wonder what the real difference between online gambling and online commerce is.
Imagine two people sitting in their agencies both risking their money on Internet, one is breaking the law, at the same time the other one is not. One of these two businessmen is a daily merchant, and with no respect to how you look at that, this businessman is venturing his funds for the risk to to raise his income. I believe that both men use the Internet for one and the same motive. Yet, the person gambling online is at present taking part in an illegitimate business. Why illicit? Because Government of the US is not getting a single cent of profit from the the army of online gamblers. The Government only levies tax money from the day online seller.
Every day residents of America lose several million dollars from dealing with stocks, not situated in Wall Street business offices, but from their lounges. These usual people are not high-class stock dealers, and they do not obtain any certificate - still they have no official impediments to risk their funds and get immense profits.
Indeed, the one single real differing feature between day trading and online gambling is the scale of funds the US Government receives from the industries: Day Trading online = large revenues; Online Gambling = no money and lots of online casino bonus for gamblers. It is said that the US Congress passed the anti-gambling online forbidding law exactly for this reason that the government is loose all the possible profits every day.
The US Government announces that banned online gambling to save the American public from a hazardous pastime - leave a person broke and miserabledestroy families by making gamblers lose all their money. Nevertheless they continue to allow unlicensed persons to trade stocks, that are not online. Perhaps no one can remember now for which reason skyscrapers in New York have windows that can not be pulled up or opened: it was made on purpose not to let all the traders from plummeting to their death after they have lost all their money!
Traders generally receive advice 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 this bubble burst and so many people lost everything they had and were left with just a pile of debts.
If online gamers are famous for one thing, it's taking an interest in what they do. It seems like nobody gambles on Internet on a permanent basis without learning the rules of the games they play, the strategies, the figures and the art of gambling. As online players improve, they play against others at a higher level in top online casinos, but no beginning online player is forced to play poker with professionals.
Some people now are making their living on online gambling. Amateur gamblers earn up to $10,000 monthly, and although they are not the majority, they are the just firstest with the mostest. All these professionals are at the moment officially out of work due to the new online gambling ban, and negative casinos review in the web. And gambling professionals aren't the only ones suffering. Many people in the whole world are losing their jobs due to cutbacks in the online gambling industry.
If the US Government is willing to save Americans from loosing millions, why do they now let the legalized version of gambling called day trading break the lives of regular people?
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