Online Gambling is where players can play casino games or wager on sports events via a computer, tablet or mobile phone. It has become extremely popular over the last decade as a convenient and safe alternative to traditional casinos. However, just like other forms of gambling, it can be addictive. It is therefore important to gamble responsibly and stick to a bankroll.

Using technology to offer players the convenience of playing casino games and betting from anywhere in the world, online gambling sites have become a lucrative industry that’s worth over $92.9 billion globally (1). However, these sites are also a hub for suspicious transactions, and their flexible payment options can make them attractive to money launderers.

There are various software programs that online casinos use to run their gambling operations. Some of these are built into the website, and others require that a player downloads client software in order to access them. The software allows the websites to accept real money deposits from players, and to facilitate a variety of other financial transactions including payments between players and the casino. Other types of software are used by daily fantasy sports websites to allow their players to draft teams and participate in contests.

There are several strategies that people can use to help manage their gambling behavior, such as cognitive behavioral therapy (CBT) and motivational interviewing. With CBT, people work with a therapist to identify faulty thinking patterns, such as believing they are “due to win” after a streak of losses, and learn tools to reframe their thoughts and behaviors. Motivational interviewing involves examining a person’s ambivalence about change and helping them develop a plan for addressing their gambling problem.