Foreword｜Money88
In 2019, the UK Gambling Commission released its Young People and Gambling survey, focusing on young people’s online engagement to better understand the gambling patterns of 11-16 year olds.
It found that while online gambling is far less popular with young people than face-to-face gambling, thanks to incentive rewards, such as the UK no deposit bonus in 2022, online gambling rose from 1% in 11-16- 2017 and 2018 of seniors dropped to 3% in 2019.
The above statistics suggest that online gambling may have long-term adverse effects on young people due to the rapid proliferation of new gambling technologies and opportunities.
So, gambling, youth and the internet; how do they work? Well, let’s break them down before we mix them up.
The evolution of gambling｜Money88
Gambling is one of the oldest pastimes of mankind. It is as old as time itself.
Historically, “gambling” has connoted cheating or unfair play. Gamblers are described as dishonest gamblers, dodgers or rogues who constantly play for real money, especially by placing exorbitant bets.
In modern times, however, gambling is defined as the betting of money or other assets on actions or events with random or unpredictable outcomes.
However, throughout history, gambling has also had skill-based pursuits. For example, a punter’s understanding of using a no deposit bonus may increase their odds of winning at a particular poker game. At the same time, knowledge of horse racing can enhance predictions about the likely outcome of a race.
Applying such capabilities may reduce the unpredictability of events, but results remain murky due to unpredictability or other factors studied.
Definition of young｜Money88
As with all social science phenomena, there is no universally agreed-upon definition of the term “youth”. A youth is anyone between the ages of 15 and 24, according to population, education, employment and health statistics collected by the United Nations.
It is worth noting, however, that the actual meaning of the term “youth” and its many subtleties vary from country to country, depending on relevant social, institutional, economic and political factors in each country.
Moving on, the above brings us to the concept of the age of gambling. The gambling age varies from country to country.
After turning 18, as in every European country except Greece, UK citizens will be legally allowed to gamble at every casino, place bets on mobile slot machines and participate in lotteries. Here is a list of the legal gambling ages for some countries:
- Japan: 18-20
- Macau: 21 (residents), 18 (tourists)
- Monaco: 18
- Belgium, Germany and Ireland: 21
- Greece: 23
- Portugal: 25 (citizens), 18 (foreigners).
Continent based:
- Africa: 18 (most countries)
- Asia: 21 (most countries)
- Australia: 18
- Europe: 18 (most countries)
- South America: 18 (most countries)
Rise of the internet｜Money88
Let’s go back briefly to the end of the 20th century. It was January 1, 1983, and the Internet was born. It’s life changing and thought provoking. Essentially, the advent of the Internet has revolutionized every aspect of life.
We all start to see the world differently. In short, the Internet makes life easier. As technology advances, it ushers in many possibilities. You can do your banking, shop, apply for jobs, attend multiple virtual meetings, and more.
The Internet influenced the turn of the 20th and 21st centuries, simultaneously permeating many aspects of life such as education, health, finance, business, work, networking and gambling. We have it – gambling.
In recent years, new forms of internet gambling have surfaced. Some of these include online casino games, sports betting, and more. In the UK, online gambling and online gaming are often used interchangeably.
Although these terms refer to two very similar activities, there are some differences between them. However, both forms of gambling offer players more benefits, such as better payout systems, incentives like no deposit bonuses, which help attract millions of players.
Online gambling｜Money88
Online gambling refers to placing bets over the internet with the help of tips from an online casino platform that connects players to several other gambling sites and also provides unbiased online slots casino reviews.
With current technology, this often involves logging into the best online casino, bingo room, sportsbook, etc. on a laptop, desktop or mobile device, and then using a credit or debit card to place bets on the online slot machines.
