1. Health

Discuss in my forum

What Are Online Casinos?

By , About.com Guide

Updated June 24, 2009

About.com Health's Disease and Condition content is reviewed by the Medical Review Board

Definition:

Online casinos are websites that allow gamblers to place bets and play virtual games over the Internet. Similar to regular land casinos, online casinos are set up so that the “house” (i.e. the website) has an advantage over the player. This means that over time, the website will always “win” more money than it pays out.

Online casinos pose special risks for gambling addiction, as they appeal to people who are at risk of developing gambling problems, but who are deterred from accessing regular casinos for reasons such as social anxiety, lack of transportation, and lack of access to cash. As bets to online casinos are placed through use of a credit card, there is a high risk of running up credit card debt quickly, as gamblers get caught up in the excitement of the game.

However, it is possible to place limits on the amount you “spend,” (i.e. lose).

Pronunciation: on-line cas-ee-no-s
Also Known As: internet casinos, virtual casinos, web-based casinos
Examples:
Caught up in the excitement of winning at online casinos, Jennifer ran up a huge credit card bill in a short period of time.

©2012 About.com. All rights reserved.

A part of The New York Times Company.

We comply with the HONcode standard
for trustworthy health
information: verify here.