What You Should Know About Gambling In South Korea And Where To Find It

Before we talk about what is actually allowed in South Korea, we need to go into some of the history of gambling in South Korea.

The History

South Korea has had some turmoil when it comes to gambling. Up until recently, betting on sports was the only allowed option. However, things are changing in South Korea. Legalizing gambling has been a bit of struggle, but some things are now allowed, pending restrictions and bans on certain things.

Below you will find a list of some of the online gambling (see 우리카지노) options available to South Koreans.

1) The Happy Luke Casino

Players do get loyalty coins. There are live tables online available as long as you live in the areas that allow it. The casino offers 100% bonus up to a $500 limit. The casino has varying cashout times. Those using e-wallets have a 24 hours waiting period. A bank transfer will take about 3 days to complete. A credit card will take between 3-5 business days to move.

2) The 888 Casino

This one is licensed in many European cities and locations. Some of you might already be familiar with this casino if you have played before. Once you reach VIP status you will become a member of a luxury club (or something along those lines). Those who join the live casino will have an assortment of daily promos to choose from.

Now let’s move onto the cashouts. Pending time for e-wallets is about 72 hours (more or less). Credit cards have about 1-2 days. a wire transfer is going to be about 4-7 business days (it all depends on your bank).

3) The Red Stag Casino

There is a pretty cool Holistic VIP program. The casino is pretty generous with promotions and bonuses. Pick wisely though.

The cashout details are the following. Most everything is pending for about 73 hours (give or take), Do you plan on using a bank check? Checks are accepted, but it will take about 7 days, sometimes less.

4) The Casino Room

It has some of the world’s largest jackpots available. You also get to participate in Play and Pay. Some of you may or may not be familiar.

The cashout details are as follows. You will have about 102 days if you use the e-wallet option. Credit card options can take up to 3 business days (sometimes less). It depends on the credit cards you use. This casino does accept bank transfers. You will have to wait about 5 days for the money to go through. Double-check with the casino if you sign up though.

Guide To Online Sports Betting

When it comes to placing bets online there are a couple of things that people need to consider. Placing a bet on the Internet is definitely simpler, but there are things that people should do before they place a bet.

Consider Multiple Websites Before Betting

One thing people have to do is consider multiple sbo sites before they place a bet. So many people that are interested in betting will place a bet on the first website that they go to. It is better to look at the layout and get a gauge for what the website looks like before a bet is placed.

It is also a good idea to get an ideal of what other people think about the site before you sign up. There are usually going to be a plethora of reviews about any betting site so people should be aware of what others are saying about a particular site before bets are placed.

Checking Stats

Another thing that people need to do is consider the stats that are found on the website. When bets are placed there is a pretty good chance that a history of any matchups between teams will be available on a good betting website. These stats will usually tell who won previous games and even give stats about the players. This is usually the best indication for winning when it comes to placing a bet for something you have not put money on before.

It is good to have access to a website that has these kinds of stats because it gives you a better feeling of who is the underdog in the matchup. If you do not know about who is playing the role of the underdog you will never really know what you are betting on.

Bet on What You Know

Another awesome rule of thumb when it comes to bedding is to make a bet on the things that you know about. This is going to be the most practical way to ease into the online bedding. Many people like to go outside of their comfort zone early on, but it would make a lot more sense to place their money in to sports that they are familiar with. People that are familiar with basketball are going to have a better chance winning with basketball. They are not going to magically predict who is going to win a baseball game or boxing match just because they have started placing bets online.

Betting a Little at a Time

The most important thing that one can do is place a little bit at a time when one is new to betting. So many people will go all out on betting, but they really should take the time and see exactly what their area of strength is. Some people are going to make better decisions on bets that involve single games. Others may have a tendency to make better betting decisions on a series. People have to simply get into a little bit at a time and expand before they put their time and money into betting.

 

Online Gambling Problems

The advances in broadband and wireless technology have made the world come together closer than never before. Now virtually everything is possible on the net-shopping, clinching business deals, social networking, and even gambling, the ever-favorite pastime of men. Online gambling first emerged in the early part of the 1990s and had become an instant hit, with an estimated 3000 online websites on the net today. It totally radicalized the gambling industry and has seen takers from across age groups. However, just like the land version, even internet gambling is fraught with problems. The addiction problem prevails in the online world as well.

What is problem gambling?

Problem gambling is an impulse-control disorder that leads to major disruptions in all areas of life: psychological, social, vocational or physical. It also includes the stage of ‘pathological’ or ‘compulsive’ gambling. Problem gambling is characterized by an increasing preoccupation with gambling. They have an urge to bet money more frequently and become restless or irritable, if anyone tries to stop. They usually are aware of the mounting, serious, negative problems but staying off the bet becomes the most difficult thing for them.

Online problem gambling is a manifestation of the aforementioned problems. But a study has shown that people who indulge in online gambling have more serious addiction problems than those who use the lottery or play slot machines. Online gambling problems are on the rise because of the explosive growth of the internet.

Causes leading to Internet Gambling

o The privacy and anonymous nature of the internet space has led to people taking to gambling without any hesitation.

o Easy accessibility of online games in the internet has led to people spending more time on gambling.

o Those who work on the internet most of the time can easily avail of online games. This gradually leads to addiction.

Signs of problem Gambling

o Gambling much longer than intended.

o Gambling until you spend the last penny.

o Using up incomes or even saving to gamble, while bills remain unpaid.

o Borrowing money continuously to finance your gambling needs.

o Neglecting your family and professional responsibilities.

o Stoop to stealing, cheating or selling household stuff to get gambling money.

o Gamble with the hope that it will solve financial woes or even win back losses.

o Relieve feelings of depression.

o They can easily set up a gambling account and there are a variety of forms of gambling – right from traditional betting, to casino gambling, lotteries and bingo. All this makes online gambling tremendously appealing.

o There is no time limit and in the absence of a supervisor, a person can go on gambling for up to 24 hours a day.

o As you play, there is a decreased perception of the value of cash and players frequently forget that they are playing with cash.

Online Gambling and its effects

Though many believe that legalized gambling is just harmless entertainment, but people already affected by it and continuous study results have veered on its deceptive nature. In fact, it is considered to cause even more harm than playing in a live casino building. The health and emotional difficulties associated with gambling disorders includes depression, circulatory disease, substance abuse and even risky sexual behavior. Recent studies have concluded that online gambling comprised basically of unmarried and younger participants over people who never gamble. Contrary to the fact that internet is associated with high education level and higher income strata, the study pointed out that online gambler addicts belong to lower education and income levels. Online gambling is one of the fastest growing addictions to afflict the youth today.

The American Psychological Association (APA) conducted a study wherein they found that 74% of online gamblers are problematic or pathological gamblers. Among this, the group that is most at risk is the teens. Online problem gamblers spend much more money on the online gambling websites than the amount teenagers spend on drugs. The worse bit of online gambling is its anonymity. Earlier, a person had to go to a gambling house in order to satisfy their urge to gamble and everybody knew how you fare or how much you lost. But now, you just walk into your office or bedroom and there goes your savings in thin air, and not a soul gets a whiff of it. The lenient regulation measures of the online gambling industry have only added on to the problem.