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Social Gambling- The Effects of Social Media on the Gambling Industry

by casinorate

Posted on Monday Oct 10, 2016 at 04:22PM in uk casinos

Social Gambling- The Effects of Social Media on the Gambling Industry

Social media is at the hype of everything we do and the gambling industry is no exception, which leads us to social gambling. Today, even social media websites are getting involved with the gambling industry. Gambling on Facebook has become more and more popular among players with free slot machines, scratch cards, and other games become more accessible.

What is Social Gambling?

Social gambling is gambling on social media. Facebook is the most popular social media site for gambling with a huge 61% of players choosing Facebook as their site of choice. Although social gambling has not had the same impact on the industry as online casinos, the figures are growing. Today, 14% of players spend at least an hour a day gambling on social media, with 46% of these being women and the rest men. In addition to this, the top 3 reasons for gambling on social media are stress relief, mental stimulation, and social interaction.

But, Why Network with Other Gamblers?

Social networking sites offering gambling features allow people to interact over common interests. Not only this, social gambling allows players to learn from each other. Through social media, new players can learn from more advanced players and gather information and advice about the online gambling world as a whole.

Pro’s and Con’s of Social Gambling

The Advantages

It’s Free

Social gambling doesn’t cost a penny. You can get involved with free poker games, blackjack, lottery games and so on.

You Can Play With Friends

Gambling on social media makes it’s easy to locate your friends so that you can play together. You can contact your friend through Facebook whenever you are in the mood for a game.

It’s a Great Way to Practice

Social gambling is a good way to get better before hitting up online casinos where you can earn real money. Not only this, you can learn from other players and improve your game.

The Disadvantages of Social Gambling

You Can’t Win Real Money

It stings when you win big and realise you haven’t won any physical money. That said, it’s also an advantage when you lose. If you want to earn some spare cash, social gambling is not the way to go but it could be a good place to practice.

It's not as Sociable as it Seems

Unfortunately, although it is called social gambling, it’s not actually that sociable. Many of the games on Facebook are for single players. Luckily, as poker is getting more popular so is its appearance on social media sites- watch that space!

The Verdict

Playing games on social media is a lot of fun for those of you who would prefer to not play with real money. It also a fantastic introduction to beginners wanting to improve their game and learn new skills before heading to the real online casinos.

That said, it’s not real and will most likely leave you wanting something more. If you have reached your limit with social gambling and want to get involved with the real deal, the casino rate website offers real, honest casino reviews of some of the top online casinos out there.  

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