Bingo rise and fall faster than you can blink an eye. The
first Bingo was opened in 1941 on the Los Vegas strip; however by 1992 all of
those Bingo had been demolished to make way for new modern Bingo. Online it has
been the same evolution with Bingo sprouting around every corner of cyberspace.
These have come and gone faster than the click of your mouse. But how did this
start?
Let's start with Google the internet search engine. Type in
online Bingo and it brings back more than 27 million websites. The sheer volume
for the term online Bingo reflects how many people have vested interests in the
gaming industry and how popular online Bingo have become. The first online
Bingo first made their appearance during 1996 and a mere US$17 million was
wagered, compared to US$3 billion by 2000.
It is estimated today that more than a trillion dollars gets
spent online each year with online Bingo worldwide. Bear Stearns, a leading
worldwide investment banking and securities trading and brokerage firm,
estimates that during 2003 more than US$ 6 billion had been spent on online
Bingo by US gamblers alone! By the rising acceptance of broadband internet this
online pond of bettors upsurges apiece day.
With online Bingo there has also been the expansion of
online advertising to gamblers, which according to the BBC places gambling
advertisers as the fifth largest advertisers on the internet. Online Bingo make
use of two types of software. Those that you can download and install onto your
computer and the true online Bingo where you gamble on the interface of the
online Bingo web page. Each party makes their choices of how they wish to
interact online. With all this sophisticated software, how do online Bingo
compare to your average brick and mortar Bingo? Each has their advantages. In
an online Bingo you can play more than one poker game at a time or even gamble
on more than one game at a time. In a normal Bingo this would not be physically
possible. The advantage of any real Bingo compared to an online Bingo is that
you can always judge the physical reaction of the players around the table.
With an online Bingo it is impersonal and you would never be
able to guess the cards the other person is holding. Online Bingo have made great
strides in trying to mimic the feel of a real Bingo in the fashion of the
bricks and mortar Bingo. They have flashy web pages and music to lure you to
play. Domain names in itself have become a big issue with the purchase of
misspelled domain names for online Bingo.
A recent dispute with the domain name of Sports odds springs
to mind. This domain name was registered by their competitor to drive traffic
to the competitor's webpage's. This ended in a legal dispute. Online Bingo are
big business judging from the amount of money that gets placed on bets and by
the amount of money being spent on it. Where there is big money, there will
always be disputes.
Online Bingo are open 24 hours a day, 7 days a week and they
are accessible from anywhere in the world. Bingo use to be down the road or in
your next big town. That has changed in the 21st century. With the advent of
online Bingo the Bingo is now in your home. Better yet, if you are reading
this, you are already at the Bingo doorstep. What is stopping you from placing
your bet at an online Bingo today and joining millions of others?
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