Online gambling and betting is novel phenomenon. Gambling is wagering something of value, with consciousness of undergoing risk of an uncertain outcome, and hope of gaining or wining something of a value. Thus gambling requires three elements consideration, risk, and a prize. Online gambling is administered via internet. This comprises of virtual poker, casinos and sports betting. The first gambling was venue was released to public in October 1994. Online gambling is an act of placing wager on risk-based games for a chance of winning money. This include Sports matches, casino games and popular card games like poker etc. The online gambling is much safer online betting option as the player does not have to be physically present, yet can be online via several virtual gaming options which are moderated by computer programs. Players can virtually play several games, such as sports betting, poker, blackjack, roulette, slot machines etc. Players can also download their preferred gaming software on their personal computers and play through website.

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