Being able to place a bet with just a press of a button from the comfort of your own home sounds like a great thing, but is it really? No cash here, just slap it on the plastic. You can bet for as long as you want and bet as much as you like.
We know for a fact that betting is a risky business, and unrestrained betting is just asking for trouble. Compulsive bettors already have a hard time restraining themselves from the call of casinos and bookies, and now online gambling too. Could this be the straw that breaks the camels back?
According to statistics, online gambling has nearly doubled every year since 1997, and in 2001 it exceeded $2 billion.
There are certainly a lot of negatives for sports betting, especially online betting.
What are the good and bad factors of online sports betting?
On the good side, sports' betting is like a roller coaster ride for thrill seekers. It's extremely entertaining. Just the mere thought of putting down a bet arouses passion and excitement. In short, its great fun and there is definitely money to be made in this business.
On the bad side, there's probably just two main points here that all the other problems stem from. The first would be the amount of time spent on sports betting that could be better used. The second would be all the money that is lost.
Online betting doesn't need to be a problem for anyone, you just need a little bit of guidance toward a good time and money management strategy and to start taking your betting serous instead of living in hope. Professional sports bettors (those who are good making money from sports betting) follow some sort of system and a good money management plan and there is nothing stopping your from doing that too.
Turkmenistan is one of the states that came from the falling apart of the Soviet Union. While it has a long history from being an offshoot of the Hunnish Empire in the 6th century, it’s never been much more than a backwater of history.
This has changed in recent years as the country’s huge gas reserves have been discovered and exploited. It is still, however, distressingly poor and according to Amnesty International has the third worst press freedoms in the world.
In common with much of the CIS, Turkmenistan’s casinos have been legalized. There was always underground gaming, but in the interests of regulating (and taxing), licences have been granted for the two casinos in the capital Ashgabat.
List of Turkmenistan’s casinos includes:
Ashgabat: Grand Casino – Ten game tables and 150 slot machines.
Ashgabat: Ak Altin Casino – Four game tables and 15 slot machines.
In common with all areas of the ex-Soviet Union, there will be other gambling games available, from the legal, such as betting on horse races, either official or unofficial, to the both illegal and highly dangerous, like underground casinos. It is very strongly advised that foreigners do not get involved in these alternatives to Turkmenistan’s casinos. The first and most obvious reason is that they will be extremely dangerous.
The economy of Turkenistan is hugely buoyed by the natural gas industry. However, there isn’t much else to talk about that makes any wealth. Business life therefore centers around how to get a cut of that gas wealth: it does not help that the country is run by President Niyazov who has declared himself both President for Life and “Turkmenbashi,” that is, Leader of the Turkmen. This has been followed by his insistence (and laws to the effect) that days of the week are to be named after members of his family, that the Rukhana, his self-penned book of wisdom, be the primary text in all schools, or that some of the cities are dominated by gold-plated statues of him. It might be fair to state that he is not the most democratic (nor sane) of people running a country today.
If Turkmenistan’s casinos are anything like those in other corrupt parts of the CIS, they will feature a few bored Westerners playing aimlessly to while away their expatriate contracts, a large number of prostitutes, and further numbers of Mafiosi and government officials (often indistinguishable) flaunting their new and illegally found wealth. The illegal alternatives to Turkmenistan’s casinos will be, if anything, worse.