With the recent action in the US
regarding online poker, it's no surprise that
foreign players are getting a little worried.
Although some government officials support an all
out ban of online gambling, citing reasons such as
addiction and economic loss, many people are
advocating regulation and taxation. Let's
discuss why this would be good for online poker...
If online poker was regulated, then
players would never have to worry about poker sites
potentially cheating them out of money. Also,
for US players, it is getting harder and harder to
get money onto online poker sites, and if online
poker was allowed, there would be much safer and
accepted deposit/withdrawal methods.
Now, players may complain about
paying taxes on their poker winnings. However,
the rewards far outweigh the additional fee.
If online poker was fully legal and regulated, it
would also bring in additional players who don't
play now because of legal concerns. Overall,
it would be a great move for online poker.