Online Gambling: Should it Be Legal?

Online Gambling: Should it Be Legal?

I consider myself to be an average person. I have hobbies and interests, one of them being poker. I have a few friends that I get together with to play the game. I also like to play online. I usually only play in the tournaments that cost no money to play, but I also will occasionally get in a cash game. The buy in is what I consider to be low, a dollar or two at the most. The pay out is also very minimal, I don’t think I have a financial future in it. But, it keeps me out of the bars and out of trouble.
Recently, I attempted to join a new online site and was informed that due to legislation instigated by the Bush administration, I would be denied access to any real money games. I was a little shocked. I am not a problem gambler. I pay my taxes and claim every cent of income at tax time. Why is this a problem?

I guess I understand the reasons why it is not legal. Some say that millions of dollars are flooding out of the US, unregulated and untaxed. I would be inclined to agree. However, Americans should still have the right to spend the money that they earn any way that they choose. I also understand not every American spends wisely at every moment in their life. Big deal. We are inclined to make mistakes, it’s in our nature. Not to mention the fact that it is often mistakes that teaches us to change our behavior. Not everyone has the extra money lying around to gamble with and those are most certainly the people who should avoid such hobbies.

Personally, I don’t see the harm in it for those who can play in a responsible manner. I don’t wager large amounts of money and it doesn’t affect my financial well being. I could pull more money from my couch after a few friends stop by compared to what I’ve won. None the less, I love the feeling of winning a huge pot of chips, knowing I out-played my opponent. The pressure that builds surrounding even the lowest stake game can be incredible as the cards are slowly turned over by the dealer. For me the game is more about wits than money. The thrill I get from playing poker is one I wish to continue to have.

The way it stands now, Americans are limited to traveling to the usual places to wager, Las Vegas, Atlantic City and where I live, casinos on Native American reservations. Some of us don’t have the time or the means to travel to these places, that doesn’t mean that we don’t want to try our luck at a hand or two of poker. To me, that’s just not fair.

If online gambling was legalized in the states, more than one thing could be accomplished. I think a serious amount of revenue could be generated from tax dollars collected from the online casinos. Other programs could be subsidized, dollars could go to reducing the national debt, well, I think you get the picture. I feel as if the pros out-weigh the cons. I think America could seriously benefit from allowing the indulgence in this time-honored tradition. Don’t you?

Online Gambling Shutdown

Online Gambling Shutdown

It’s officially no dice for online gambling in the United States now. President Bush signed the Security and Accountability For Every (SAFE) Port Act of 2006 into law on Friday, October 13, 2006. The basic purpose of this law is to bolster security at US ports to prevent terrorists from smuggling in nuclear weapons. However, it also contains an unrelated provision that severely restricts online gambling. The Unlawful Internet Gambling Enforcement Act makes transactions from banks or similar institutions to online gambling sites illegal.
Just a few hours earlier, gaming firm Sportingbet sold most of its US business for the nominal sum of one dollar to avoid accusations of profiting from illegal business. Other foreign-based casinos are closing their clients’ U.S. accounts so if you have a casino account with one, don’t be surprised to get an email regretfully informing you that your account is being closed.

I don’t suppose I would think this was the height of hypocrisy if the reasons being given for doing this didn’t include statements indicating moral concern about underage gambling and gambling addictions. Get real. We’ve got State lotteries up the kazoo over here, and the list of states with land casinos continues to grow. Therefore, gambling is okay as long as you are playing the lottery, gambling in a U.S. land-based casino, or going to a racetrack.

Online gambling requires you to deposit money with a casino in another country. If you win anything, then the casino must transfer money back to you. Credit cards have long been rejecting these types of transfers, but third party sites such as Neteller and Firepay accept deposits and winnings. Paypal used to, however, when eBay bought Paypal, it stopped accepting these types of transfers. Neteller’s stock fell 60% when news of the measure was made public this past September.

No major U.S. companies were able to set up internet gambling sites because of the 1961 Wire Act, which prohibited telephone transmissions to bet across state lines. However, many American entrepreneurs were still raking in a bundle by setting up gambling advice websites and becoming affiliates of online gaming sites. These sites received a share of all lost wagers from each account they signed up that could be as much as 35% for the life of the account.

During the birth of the online gambling industry, concerns over underage gambling were certainly valid. Restrictions were then put into place that made it much harder for minors to participate. In an October 2006 article in The Baptist Press, Sen. Bill Frist (R-Tenn) claims: “Rigorous state enforcement means that brick and mortar casinos make a good faith effort to keep minors away from gambling. The same isn’t so for online casinos: A website can’t tell whether someone is 13 or 35.” That really is not true. Online casinos required picture IDs and bank account information, which is really more than a land casino will require. Thinking fake ID? Yes, an enterprising minor who really wants to gamble may be able to obtain a fake picture ID, and guess what? That will get said minor into a land casino too. I’ve seen people in Atlantic City casinos who didn’t even look 18 let alone 21.

So the real reason seems to be legislators don’t want gambling revenue going overseas. That’s something I can understand and I might even be able to get behind it, if the government would come out and say we’re banning online gambling transfers because Americans are spending 6 billion dollars a year overseas and we think that sucks.

This really should have been a separate bill, but somehow Senator Bill Frist managed to get it attached to the SAFE bill with exceptions for horse racing and state run lotteries. What’s even more amazing about Frist’s bogus moral stance is it’s no secret that Frist accepted campaign contributions from Harrah’s Entertainment!

This past September, two key figures in British gambling firms were actually arrested in the United States. Louisiana was one of eight U.S. states that already had outlawed online gambling, and they had sworn out an arrest warrant for Peter Dick, former chairman of Sportingbet PLC. When Dicks arrived in the U.S. at Kennedy International Airport on September 6, somehow this warrant came up and he was detained. N.Y. Governor Pataki refused to extradite Dicks to Louisiana and he was released. Dicks quit Sportingbet after that.

The other businessman was BetOnSports PLC Chief Executive Officer David Carruthers, who was arrested on federal charges in July at a Dallas airport. These charges stemmed from the 1961 Wire Act. Whether this witchhunt will continue remains to be seen. There is a provision for a 270-day period to develop enforcement measures.

Analysts indicate that the online gambling industry is now moving in two directions. London-based companies are dumping their US bases and making plans to expand their European and Australian markets. Private offshore companies are exploring every available depositing option with their existing payment processors in an effort to salvage their U.S. business.

It is also being predicted by some that the U.S. will reverse its stance at some point when better ways to regulate and tax the industry are developed.

How to Get Your Money Back from the Casino

How to Get Your Money Back from the Casino

It was supposed to be a fun and refreshing weekend get away in Reno, Atlantic City or Vegas. You liked the room rates, restaurants and great service in the hotel. You took $1,000 for the trip – just to blow it gambling – of course, cash, so you wouldn’t be charged by casino ATM fees. So how come now that you came back home on Monday you realized that you actually owe another $1,000 to the casino? You think, “Well, at least I have plenty of comps,” but when you call to see if you have enough for a free night at the hotel, they say you have enough comps, but maybe for a burger at the coffee shop. You throw the phone in the wall and think, “Where did I go wrong”?

The answer is really simple. You took cash, but you also took the whole wallet, including checkbook, credit and debit cards. Just your ID and a voided check is enough to open a credit line at the casino. Something a Casino Host always tries to convince you to do,as he often gets commission out of the credit line used to gamble. The first important message to you – if you don’t want to spend any extra money, the only things that you should bring to the casino are your ID and cash. Do not take any credit or debit cards, neither your checkbook. You can use a cash deposit for check in, instead of swiping the credit card.

If you play slots, tracking your card is pretty simple. Just stick it in the proper slot in the machine and you’re all set. If you’re playing more than one machine, make sure to put all your player cards in each of them. If you have only one with you at the moment, call a slot attendant.He’ll take your ID, and bring you two new ones, so you can be tracked properly.

When you play tables the case is more complicated. Once I had a guest, that was betting anything between 25 and 400 dollars within 4 hours of play. Depending on different casino systems for play on a Black Jack table he should get 50 to 100 dollars in comp money. He didn’t. What happened was, his little pit tracking card,where the pitboss enters time and betting was never entered into the system. My advice – if the casino is modern and either uses swiping system, when you swipe the player’s card as you sit down at the table or the money you play is being tracked by electronic chips you have nothing to worry about. Otherwise make sure every new pitboss sees your action, as they check on you approximately every 15 minutes. Then,afterwards, check your balance on the card, to see if play was registered. If the casino has the policy of hidden balance, and they can’t tell you exactly how many comps you have, they still are able to tell you, what play and on what game was registered.

Here comes last,but the most important tip. Always use your player’s card! Nobody will believe you that you spent 5,000 dollars, but just forgot to put your card in. It might be true, but what proof of that you have? You cannot demand any comp money, as it’s simply because of your laziness, that your money was lost, and it wasn’t registered by the casino player’s system. Of course there are exceptions to that. If you are under influence of alcohol, just make sure your casino host sees you, and sees how much and within what time you are gambling. Simply because of his testimony the casino might put some play on your card, even though you forgot to put it in. It doesn’t apply to everyone, as not every player has a casino host. Only a valuable for the casino gambler will have one. So if you lost $100 within 30 minutes, and you forgot to put the card in, just forget it. You probably wouldn’t get many comps anyway (maybe few dollars). Just remember to use it next time.

How to have good time in the casino? Here’s my advice for both – losers and winners:

1. Gamble wisely. Bring cash, only within the amount you can afford to lose

2. Do not expect winning. Those magnificent places were not built on winners

3. Do not overuse alcohol, as your common sense tends to disappear, and you can wake up with more trouble than just a hangover

4. Use your player’s card – only this way you can get back some of the money you lost by eating and staying at the hotel for free.

Remember to enjoy your visit at the casino, because that is exactly what gambling should be – just fun or you can just play it online by visiting Agenbolabagus.com.

How to Rob… Oops… Win In the Slot Machines

How to Rob… Oops… Win In the Slot Machines

One-arm bandits, they used to be called because of the side levers you need to pull to spin them and make a payout which seldom come thus rob you instead. Modern technology, however, changed their appearance with just buttons to press to spin them. Nonetheless, they are still the same man-made contraption, computer-generated and therefore, can be programmed and manipulated to favor casino management. Pay-outs can be set according to a certain ratio based on how much money income the machine had already generated; for example, a 20:80 ratio means that for every dollar input, the machines gives a payout of 20 cents. They are programmed further to accumulate the input bets to certain levels before giving randomly the pay outs including the jackpot.
The “bandits” (I still have to refer them as such unless they put on an attitude of being charitable) are the bread-and-butter of the casino establishment. Since they can be programmed, they always rake in the income in favor of management; they never lose. Knowing the mechanics therefore gives you an idea on how to beat the odds over these machines.

Humans that we are and gamblers at that, we oftentimes have that feeling of being lucky; thus, you go to the casino to try your luck maybe out of a gut feeling or perhaps just a sudden urge. Of course, everybody wants to win! Now, if you get that lucky feeling and the “itchy palm” to gamble, follow these “rule of thumb” to beat the odds and win in the slots:

1. Don’t follow your instincts and just try any machine that suits your fancy or which you think lady luck has driven you to. Observe and look for machines that have been played but didn’t payout. They’re bound to loosen-up and make the payout…to you;

2. Casino management usually position “loose” machines near the entrance or among the first in a row of machines. This is to attract and encourage patrons;

3. Vary your betting. Pay outs may come according to the level of your bets. This will also extend or stretch your gambling money for longer playing time;

For progressive jackpot machines or those that give jackpots randomly, you don’t have to bet big money here; just bet on the minimum because this is where you have to depend on sheer luck to win big.

So, there you are! The bottom line is to keep your cool; do not be too aggressive in looking for that pot of gold in the casino. Remember, if you win a million, it means that $5M was contributed by others to give you that $1M. You can’t beat the house, so be cool and play wisely. Good luck and don’t forget to have fun!

Online Gambling Trends Around The World

Online Gambling Trends Around The World

Our first trend is that of online gambling. This is a trend that is extremely topical and is also extremely relevant to the Sports, Entertainment, and Event Management industry. In particular relation to the Sport and Entertainment industry, there is plenty of betting in sports from both fans and the athletes themselves. As a group we have decided that this trend is primarily economic, but secondary a Sports and Entertainment trend. The two articles we have chosen focus on the recent legislation for a U.S ban on Internet gambling singed Friday 13, 2006. The exact ruling is to ban financial payments to offshore accounts and websites. The reason we choose these two articles because it is a significant change that has occurred recently. Also it heavily affects the SEE industry as many of the bets were placed on sports. We also thought the fantasy waging was interesting and how that relates to bets with actual money.


On October 13, 2006 it was announced that British betting company Sportingbet has sold its U.S operations to an Antigua based company for $1. The move came just hours before the U.S ban on internet gambling recently signed by President Bush. Although it seems ridiculous to sell U.S operations so cheaply it has allowed the company to offload $13.2 million of debt and save the company $14 million on shutting down expense.

The second article we choose as a group was written on October 19, 2006 and is about fantasy wagering websites and is entitled Not So Risky Business. We think this article ties in very nicely with our first because it gives the American consumer a new no risk option. The websites work the same way as regular gambling sites, but no money changes hands. Agenbolabagus.com allows it members to challenge others to wagers on sporting events with the winner collecting points. These points can be later redeemed for prizes such as Plasma TV’s and iPods. This fantasy gambling continues to exist because there is a loophole in federal legislation if there is no actual money involved. Sites such as agenbolabagus.com allow users to gain information they can then use for real bets with offshore sites.

We think this trend and these articles are fairly well related to the Strategic management process. We think that this especially relates to the first article on Sportingbet. In the planning stage as they have made a quick decision to pull out of the U.S market. If such quick decisions were not made they would have been left with huge debt and expense to shut down. Our second article also relates to the Strategic management process in a similar way because they are taking advantage of a loophole to ensure these sites remain open.

Gambling Tips: Placing Your Bets Well

Gambling Tips: Placing Your Bets Well

There many forms of gambling that people enjoy nowadays. Sports betting, casinos, racing and other types of gambling are now becoming very common. If you are one of those people who want to try gambling as a form of recreation, you should always bear in mind that gambling is something that is done better in moderation. It is not a good idea to be carried away when placing your bets or else you will end up losing a lot of money. You should also bear in mind that gambling is game of chance. There is no certainty that you will win in a game thus you should only gamble the money that you can afford to lose.
Before you start gambling, you should first make sure that the form of gambling that you want to get into is legal. Note that not all forms of gambling are legal. In fact, there are certain states in the country that outlaw some forms of gambling. If you really want to make sure that you are engaged in legal gambling, deal only with those agencies and companies that have the proper permits to operate a gambling house or a betting company.

Is online gambling safe and legal?

There are a number of online gambling companies that are operating legally. If you want to be sure that you are dealing with a legally organized company, you should check if these companies have permits. If they do not have any permits, then it would be wise to stay away from these organizations.

There are many forms of online gambling, which you can actually enjoy inside the comforts of your home. For people who are into sports betting, you can find many online companies that are offering online sport betting opportunities. The good news about these online sports betting companies is that they offer you very good odds to bet on. If you are good at analyzing odds of a game, you could actually win a lot of money through online betting. Another thing that you should always look into before you place you bets with an online betting site is the track record of the company when it comes to paying the winnings of their clients. Note that there are some organizations that are delinquent when it comes to paying winnings. If you do not want to be a victim of one of these companies that do not pay the winnings of their clients, you must make sure that you only place your bets with people who are reliable.

One of the ways to know whether the company is reliable is to check on how long have the company been in business. Most companies who have stayed in business for more than 10 years are reliable when it comes to paying their clients. Companies which have been in business for quite sometimes have already established their working routines, the operations of the company have already stabilized and they have ironed out the kinks in their systems. Another way of knowing whether or not the online betting company is reliable is to look for reviews of their site. If they have been cheating on their clients, you are bound to find some trails of these scams in some blogs or forums.

Virtual Casinos Are Calling

Virtual Casinos Are Calling

We love gambling and betting to meet challenges with exciting situations. Online gambling has turned into a thriving industry today attracting numerous people to enjoy their free time with much fun. Online gambling is preferred by many people as they can participate in the game from the comforts of their homes and are not seen betting publicly. The quality or the advantage that the online games provide is their easy accessibility and no fixed time frame. You can enter into an online gambling site at any hour of the day depending upon your desire. You can enjoy a real casino atmosphere with original style of the games. Software plays a vital role in making them accessible to us and brings them within our reach very easily.

You can make a little bit of additional money by participating in an online gambling game and draw some exceptional fun. Online casino games are available throughout the day and you can choose from a wide range of varieties of the games like Blackjack, Craps and many others. You have options to play games of slot machines for trying your luck a bit. You have plenty of choices to select from the long list of games. If you want to play the games free, you can choose your game type and when you want to play with money, there are original games to join.

Virtual casinos are rated higher than the casinos in some big cities. They offer a large range of promotions and perks that are not seen in conventional casinos .The land type casinos do not provide the advantage of free play or free cash rewards, which the online casinos do always provide. Unlike land casinos, the online casinos do not have any fixed time frame for play and you can participate at any time 24 hours a day and enjoy the fantastic mood for fun.

Online poker games are for more experienced players and they can take chances with games like Texas Hold’em and many more. You can do your betting on any famous football, basketball or professional golf game. If you are experienced and really interested, you can also take part in live tournaments. They are similar to the ones that are held in real casinos and they pay very lucrative rewards. You are able to participate in a game with players from around the globe. No experience can be more exciting than playing an online casino from the comfort of your home and still enjoying the fun of a gathering.

Addiction of Online Gambling Sites

Addiction of Online Gambling Sites

Have you ever tried on line gambling sites? I did and to be truthful, I personally could not tell if they were legitimate or not because I think too many people lose money on them.
I tried one of them and of course lost some money, thank God it wasn’t a lot and I was wise enough to stop before I got myself in trouble. I lost about thirty dollars that I had made writing on a different writing site. I transferred the money it took me one year to earn in to my pay-pal account and believe me it didn’t take me more than a week to lose that money.

One of the problems I have in believing that they are honest, is because when I play a game like Bejeweled on my own computer, I can score really high points. In fact a lot of my family will be amazed at how high I can score. Well on the site where I played Bejeweled, my scores were extremely low.

There were a few times when I won six dollars. Actually while I was playing against two or three other players, but believe me instead of have points close to one-hundred thousand points I would only score around five thousand, three hundred and twenty-six points. These scores were definitely not anywhere near the scores that I have reached on my own computer where I had purchased and installed the Bejeweled game.

I also have another game on my computer where it has a screen full of balloons in five colors and the idea was to get as many of the same color to pop at the same time. The first balloon would give you two points, the second would give you four points, and the third would give you eight points and so on. Well I play that game at home all the time, and I have the highest score in the family.

My top score is one million, two hundred and eighty-seven thousand and four hundred points and that is not a lie. There are many times when I play the game and I will see Hall of Fame flash across the scoreboard again, so I know that although I am not topping my highest score, I am coming close to it and getting a higher score than other family members and remaining in the top ten high score.

Unfortunately, this game does not list all the names and scores, but I know that I can beat any challengers. Again when I played a game that was very like the balloon game on the site where I paid to gamble, I had such low scores that I couldn’t believe it. I was lucky to hit one thousand points.

In one way I was very glad because this happened because it is very easy to get hooked on gambling and lose a lot of money. It took me approximately one year to earn thirty dollars and I lost it in one week on a site that certainly did not make me think it was honest in the way the games are run.

My question is to ask if anyone else has experienced similar gambling scores when joining one of these on-line gambling sites. Did you win any money or were you losing more than you could afford to lose?

As is often the case, things were getting a bit rough financially for me and I wanted to try my luck at winning some money. It didn’t work, and I’m glad I had the wisdom to quit when I was ahead of the game, because I know that had I stayed on the site, I would have kept losing more money and found myself deeper in debt. Gambling can become an addiction just as alcohol and drugs can. Be careful because very few of us will make big money at the machines, especially when you are playing on a computer and it is so easy to transfer money from various accounts.

Poker Player Types

Poker Player Types

There are basically 4 kinds of players on the tables defining how they play preflop and postflop:

  • Tight-Aggressive
  • Tight-Passive
  • Loose-Aggressive
  • Loose-Passive

Loose (as opposed to tight) is the player who plays more than 25-30% of cards preflop. Passive (as opposed to aggressive) is the player who rarely bets and generally likes to call or check.

Tight-Aggressive style of play (TAGs) is considered as the most profitable and the least exploitable strategy. Most online poker pros are TAGs but there are some exclusions and we shall talk about this later on.

Tight-Passive players care also known as nits or as rocks in extreme cases. These players are hard to exploit but their strategy is non-profitable on the long run.

Loose-Aggressive (LAG) style is probably the most interesting. Many of the best high-stakes pros are considered to be LAGs (for example Viktor Isildur1 Blom or Tom Durrr Dwan). LAG style is very effective against TAG but requires deep understanding of many poker concepts. In no case we would recommend playing LAG style on micro and low stakes simply because players tend to call down a lot with marginal hands.

Loose-Passive players tend to be the biggest loosers at the tables. So called fish or donkey will most probably play this style. They will call with anything pre-flop and give up if they dont hit anything on the postflop. Or when they hit, they will call you down no matter how much you bet. That’s why these players are also known as calling stations.

Now, when you know 4 kinds of players on the tables and how they act during the game, it is time to determine the best strategy for you and follow it. I hope you found this article useful and it will help you to win. Feel free to post your comment if you have what to say.