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Four reasons why Koreans love to gamble in online casinos 

Many people think that Koreans gamble more than any other country. But why do they love to gamble so much? We take a look at the four reasons why Korean people seem to be drawn towards online casinos.

1. The Mojo

Koreans have a whole set of specific words and sayings for describing people who gamble excessively: mojo, jjak-eopso and chwi-rya. All of these words are derived from the English word 'mojo' and all of them can be translated to either 'obsession', 'addiction' or 'compulsion'.

2. Highly developed gambling culture

Starting with Kabuki, then Mahjong, then betting on sports events, Koreans have long held various kinds of wagering contests. There are many Korean betting games, the most well-known being hwatu, ssirum and ggobaek. Historically Koreans also enjoyed gambling on board or strategy games but these have not survived to this day. Nowadays Koreans enjoy betting on international leagues such as the English Premier League and German Bundesliga, not only in online casinos but also in brick-and-mortar sports betting venues.

3. Shortened distance to favourite destinations

Before the advent of the internet, all that could be done was either (1) travel there oneself or (2) watch it on TV. Nowadays, thanks to the internet, Koreans can go anywhere without moving an inch! One simply has to log into an online casino or sports betting website and start playing or betting immediately.

4. Money withdrawal

Until recently it was only possible for Koreans to use Korean credit cards (Kookmin Card, Shinhan Card, etc.) to withdraw cash from an ATM. But now NETELLER and other international online payment systems have made it possible for Koreans to use their PayPal accounts in overseas casinos or sports betting websites.

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