February 7, 2021
Gaming and gambling at home is currently a popular pastime activity, thanks to the rise of internet technology. However, there is so much confusion surrounding these two terms. While some may argue that gaming and gambling are the same, others maintain that there's a glaring difference. But is there really any difference between gaming and gambling? This article takes a keener look!
The first online gaming innovation started more than 50 decades ago. However, 30 years later, the iGaming industry received a tremendous breakthrough when technology began taking shape in the 90s and early 2000s.
So, what exactly is gaming? While players require exceptional gaming skills, similar can't be said of gambling, depending on how you look at it. In no secret that gaming requires skill and knowledge to succeed. That's because gamers need to develop unique solutions to the challenges posed by the game developer.
Today, video games are the most popular form of online gaming you can find. Although computers and consoles are the preferred gaming platforms due to big screens, mobile phones and tablets are quickly catching up. These little but powerful devices let gamers download games directly from app stores and enjoy gaming anywhere, anytime.
As mentioned above, gambling mostly relies on luck and probability. In this case, a punter needs to stake money on a specific game or sporting event. Fortunately, gambling is not all about throwing stones in the bush, hoping to hit something. With a proper strategy, players can boost their odds of winning the games. Just remember the house always wins in the end.
Below are the most popular types of games to play on most online and land-based casinos:
The main difference between gaming and gambling lies in the financial aspect of things. But as much as gaming doesn't necessarily require any funds to enjoy, some games may need in-app purchases to unlock additional features. Also, gambling without any skills and knowledge may end up depleting your bankroll.
Because of these reasons, the word "gaming" is often prevalent in the casino and sports betting world. For example, the Malta Gaming Authority (MGA) regulates all gambling activities in Malta. Now, this is a clear indication of the close relationship between gaming and gambling.