Having studied the internet resources, dedicated to online gambling, we have come to a conclusion that there exists a substantial lack of info available about online betting strategies. At the very same time, for a person, who is willing to become a successful online bettor, it's very important to know and to understand online betting basics, to know, for instance, how and with which tools to calculate his online casino betting odds and things like this. This refers to all the spectrum of online betting, beginning with the most popular kinds of betting, such as poker betting and ending with sports betting and the kind.

In order to at least partially solve this problem we have decided to create this very resource. It's going to be dedicated to such matters entirely and we'll start with a definition of online gambling.

Online gambling is a general term for gambling using the Internet. Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online casino is using an appropriately programmed random number generator, table games like blackjack have an established house edge. The payout percentage for these games are established by the rules of the game. The largest payout in online gambling history happened in 2007 when InterCasino paid $8million to a player named OBEASSO, an Italian blacksmith.