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War in Lebanon Exploited by Online Gaming Companies - Recent conflicts between Israel and Lebanon are exploited by gambling sites, offering wagering possibilities for war outcomes, winning sides and other fighting related factors
War in Lebanon Exploited by Online Gaming Companies

 

NewswireToday - /newswire/ - Limassol, Cyprus, 2006/08/06 - Recent conflicts between Israel and Lebanon are exploited by gambling sites, offering wagering possibilities for war outcomes, winning sides and other fighting related factors.

   
 
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As the Lebanon war unfolds, more and more people are contemplating the legitimacy of the war, and speculate on how long the Hezbollah terror will last. This estimation has recently been taken to another level, when a few online betting sites started offering gamblers betting options on war results. Players can wager money on outcomes such as an Israeli air strike on Hamas to occur by 2007.

Billions of people from around the world tune in every day to get current details on the situation in Lebanon as it escalates. Various online casinos, such as tradesports.com, now offer the chance to predict developments in the relations between different sides in the middle-eastern conflict such as Hamas and Israel.

These sites include detailed odds for each war result, giving different odds for the conflicting sides, as well as for the predicted action made by each side.

This new betting on wars has enraged factions in the gambling industry, claiming such online gambling is immoral. In an interview to worlds-best-online-casinos.com, Garry Peterson, an online gambling columnist commented about the popularity of war betting. "Given the option, gamblers will gladly place bets on war results, as if they were gambling on Craps."

Supporters of war betting claim the actual bets do not involve unethical betting such as bets on war casualties, but instead focus on general results and actions taken by the participating country or government. "Betting on whether Hezbollah will be destroyed or not is far more interesting for me than betting whether two dice will roll a seven", says Andy Shaw, an internet gambler that likes to place wagers on war bets.

According to collected posts on worlds-best-online-casinos.com, war bets enthusiasts also claim that unlike regular online casino games, that hold no emotional advantage apart from the chance to win money, betting on war results can boost moral and raise the control perception that is often damaged in times of war or terror. Even though this has not yet been supported by psychological studies, it holds an interesting claim, that is only strengthened by the recent rise in popularity of war gambling sites.

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War in Lebanon Exploited by Online Gaming Companies

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