Gaming vs Gambling

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!

What is gaming?

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.

What is gambling?

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:

• Video slots – online slot machines let players spin the reels and match symbols to scoop a prize. Usually, most have popular themes such as magic, adventure, classic, and so on. Best of all, video slots come with a plethora of bonus promotions.
• Poker – video poker is an online card game where a player wagers over a specific hand that is best for the game's rules. Typically, poker games come with varying deck configurations, the number of cards, and the number dealt face-up/face-down.
• Roulette - it is an ancient casino game that traces its history back in France's 18th century. Roulette is a French word for "little wheel." In this game, players can bet on a single number, multiple numbers, red or black colors, odd or even numbers, or low or high numbers.
• Blackjack – Blackjack is a popular table game about comparing cards between the dealer and the punters. In other words, blackjack players compete against the banker rather than among themselves. You can play the game with single or multiple cards of decks.
• Baccarat – Baccarat or Baccara is a popular card game available on most regulated online casinos. Like blackjack, the game is about comparing cards dealt by the banker and the player. The outcome can either be the player or the banker wins or a tie.

Is there really any difference between gambling and gaming?

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.