Posts Tagged ‘Casino’

Gambling for a Living: How to Become a Professional Gambler

November 5, 2008

The concept of becoming a professional gambler appeals to many amateur gamblers. Many of them are taking it seriously, relocating to Las Vegas or Atlantic City and spending their days around the blackjack or poker tables or at the sportsbook or race book. Most of them return home broke and disappointed, few of them actually make it.

Becoming a professional gambler is not as easy as it seem. Being a talented poker or blackjack player with a background of notable winning is not always enough. Having unlimited funding is always an advantage, but cannot assure you a successful gambling career, the same goes for luck. In order to become a professional gambler, you must have different qualities such as high tolerance, ability to focus, realistic but positive perspective, high level of self discipline, and more.

For starters, in order to become a professional gambler, you must have a big enough bankroll that will be able to cover up your losses. At one point or the other, you will find yourself losing. Every professional gambler, as skilled and talented as he might be, is going through losing periods. You cannot avoid losing but the least you can do is be prepared in advance.

Many of the people who give up their professional gambling career aspiration do it because they did not take care of a sufficient bankroll to cover up their unexpected losses. A realistic bankroll is estimated as a minimum of 100,000 dollars. Realism, by the way, is a key word. Although gambling for a living may sound like a dream job, you must wake up and be aware to all the realistic aspects of it.

Whether you intend to be a professional blackjack or poker player, sports bettor or horse racing handicapper, you should learn to master your gambling field. It means reading every book available on the market, learning every strategy and betting system, practicing your play and writing notes after each playing session. If you want to become a professional blackjack player, learn all about card counting, shuffle tracking and the optimal blackjack strategy. If poker is the field of your experts, become a master in poker strategy, poker tells, etc.

How to Make 100,000 Dollars a Year Gambling for a Living authored by David Sklansky and Mason Malmuth is a good book to start. It is one of the most comprehensive books ever written about the subject and it covers most of the ways to gamble for a living including professional poker, blackjack, video poker, sports betting, horse racing betting, casinos promotions and more. For further information on the subject, you can pick up tips from the internet and/or even attend gambling conferences.

However, as I mentioned in the beginning of the article, becoming a professional gambler requires much more than a gaming skill. First, it requires a strong character and even stronger will to gamble professionally. It will not be easy. You are about to face tough competition, lose huge amounts of money, criticized by the society that will look at you as a parasite and a bum, and these are only few of the problems you are heading. Can you handle this? If you are keen about trying, and you can afford it financially, I say go for it.

Eden Katz is an amateur gambler who had gained vast experience in casino gambling and online casino gambling. She is the editor of an online casino portal that provides information on casinos for American players, poker, craps, baccarat and other casino games.

Government eyes Internet gambling as source of revenue

November 5, 2008

Bermuda could tap into a market worth billions of dollars — but also enter an international legal row — by becoming an offshore host for online gambling.

The Island is currently assessing its suitability as a centre of Internet gaming, following a path taken by rival jurisdictions including Antigua and Barbuda and Costa Rica.

It would mean gamblers abroad, most likely from the US, having their wagers processed in Bermuda — giving the betting companies tax breaks on profits and keeping them out of reach of anti-Internet gambling American authorities.

Several years ago, Antigua turned to Internet gambling — a $12 billion global business — as a way to end its reliance on tourism, a problem Premier Ewart Brown is equally keen to solve in Bermuda.

In 2000, Antigua’s online gaming industry generated $37.5 million in taxes, provided 3,000 jobs and was said to be giving people a route to affluence other than drugs trafficking. However, about five years ago the US introduced laws blocking its residents from using online casinos, claiming it needed to protect children and prevent financial crimes such as money laundering.

Antigua hit back by becoming the smallest country ever to successfully bring a case with the World Trade Organisation, arguing such a move was illegal and unfair as American operators were allowed to offer remote betting on horse- and dog-racing.

Since then there has been much tweaking of the US online gambling laws, with commentators saying the authorities have been trying to clamp down on it, while Antigua has been pushing for compensation from the US.

Some claim it is very difficult to enforce US law in jurisdictions which do not respect US statutes and that banning online gaming would drive it into the wrong hands.

Meanwhile, figures from two years ago show more than 200 Internet-gambling companies have set up shop in Costa Rica, earning it the tag: ‘the Internet’s Las Vegas’.

Poker is among the most popular Internet games — for many players in Bermuda as well — while gamblers can also have an online flutter with blackjack, craps and roulette among others.

Internet gaming is one of a series of possibilities, including casinos and a national lottery, being looked at in the $300,000 feasibility study by the Innovation Group.

The Premier, through his press secretary Glenn Jones, has refused to give any information about what we could expect to see in Bermuda, or to confirm exactly what he had in mind when he announced Innovation would determine Bermuda’s suitability as a centre of Internet gaming.

Dr. Brown’s predecessor as Tourism Minister, Renee Webb, backed the study, telling The Royal Gazette: “I was publicly in support of legalising gambling. Firstly, because it already exists through bingo, horse-racing, football pools and Crown and Anchor.

“So you are not legalising gambling but extending what already exists Islandwide. I supported a national lottery where the benefits go to education, the arts and other national causes similar to the British lottery.

“With respect to casinos, I supported them in principle as sophisticated entertainment centres — containing restaurants, shows, and gambling tables.

“These forms of gambling endeavour exist worldwide in places that once outlawed gambling, such as Sri Lanka, Egypt, and Caribbean islands. In these cases it is not widespread but restricted to certain areas like hotels.”

Ms Webb said she had two feasibility studies done in her time as a Minister and met with at least two groups who were interested in opening operations in Bermuda. The Premier also mentioned the feasibility study in an interview with the BBC World Service while on his current trip to the UK.

“Bermuda has a history of having had two significant economic bases. One is tourism and the other one is international business,” Dr. Brown said.

“We don’t export anything; we import 90 percent of what we consume and so we haven’t been able to come up with another pillar for our economy, although we are exploring new revenue streams … like gaming.

“We’ve actually announced last week that we’re going to have a feasibility study on gaming. That’s going to start next week.”

Asked if big casinos would be opened, he replied: “Well I don’t know. I don’t know that it’s going to be big casinos opening up. We are studying everything from Internet gambling to lotteries.”

Casino Riva, one of Europe’s leading online gaming companies, announces its new version today

November 5, 2008

Casino Riva, one of Europe’s leading online gaming companies, announces its new version today. The main innovation offers an easier access for everyone to the new version in French, English, Spanish and Italian.

Casino Riva worked on new graphics to get still closer to a real casino room, more efficient and faster internet browsing has been updated for more accessibilities. The website’s colours remain sweet to stay in a pleasant atmosphere and allow the players a moment of true relaxation. The button’s access to security, payments, responsible gaming and support in the front page are bigger for more visibility and easier access.

This new version offers more games, over 280 exciting ones, which range from slot machines to American Roulette. Games have been added with more options and surprises to get bigger winnings online. These updates make Casino Riva’s new version, one of the most successful and reliable sites of the market.

Internet Casino Gaming guide

November 5, 2008

Today, players all over the world can enjoy all games offered in Las Vegas on their computers. The evolution of online gambling has made it possible to play blackjack, slots, video poker, craps and every possible game right from their home. In many ways, the Internet casino games is superior the ones you find in brick-and-mortar casinos. Nothing really beats Las Vegas when it comes to gambling entertainment. If you just want to play a couple of blackjack hands, online casinos serve an amazing opportunity. At Born to Bet.com, you’ll find the best promotions in the biggest online casino rooms and guide you to the Best Online Casinos in cyber space. A reputable online casino doesn’t just make good on payments, though obviously that’s highly important. A reputable casino will also give players a fighting chance with high payout percentages and ample bonuses, both when a player registers and throughout the gaming experience.

Born to Bet Online Casinos Guide is your online gambling resource and betting guide. BorntoBet.com offer a general guide to internet wagering, including which sites provide the best bonuses, online casino reviews and rankings, secure deposit options, gaming news, and current warning signs about which casinos to avoid. Their goal is to help you win more often. Born to Bet have provided casino review guide. The online casino best suited to your gambling style is awaiting your play. Each of these casinos provides excellent customer service and game fairness. Born to Bet guide you with reviews of the best online casinos and poker rooms on the Internet. Borntobet.com offers a casino directory, online gambling articles, poker bonus codes and free online casino bonuses. Born to Bet provides the best online casinos, casino gambling software and poker rooms found on the web. Now you can play casino games for real cash at safe online casinos.

CryptoLogic Licenses Top Branded Casino Games to PartyGaming

October 27, 2008

CryptoLogic Limited, a leading software developer to the global Internet gaming market, today announced a five-year licensing agreement with PartyGaming Plc, one of the world’s largest online gaming operators.

CryptoLogic will initially provide PartyGaming with a suite of its top branded casino games, which have proven very successful with players and licensees alike. The company expects the games to be launched in the first quarter of 2009, adding significantly to next year’s revenue.
Under the deal, PartyGaming will have the option to add any other CryptoLogic-powered casino games in the future. The agreement was made through WagerLogic Ltd., the wholly-owned subsidiary that licenses CryptoLogic software and services to leading gaming and entertainment brands.
“We are delighted to welcome PartyGaming as our latest partner. This is one of CryptoLogic’s biggest customer wins of the year and an endorsement of the branded games element of our new strategy. It proves that when you combine great innovation and excellent execution, you get expansion,” said Brian Hadfield, CryptoLogic’s President and CEO. “PartyGaming has chosen six CryptoLogic games that represent four different partnerships with world-famous entertainment brands. It is a clear validation of CryptoLogic’s branded gaming strategy – and our success in delivering a superior customer experience.”
PartyGaming represents CryptoLogic’s ninth new customer in 2008, joining an impressive list of established and emerging gaming brands that includes 888.com, Sky Betting and Gaming, Gaming Media Group (The Poker Channel), Maharajah Club, OPoker, Kurastica, Betjacks and Khel Galli.
“PartyGaming and CryptoLogic are two of the biggest names in Internet gaming – and we’re excited to bring some of CryptoLogic’s greatest games to our players for the first time,” said Jim Ryan, PartyGaming’s Chief Executive Officer. “This agreement reflects PartyGaming’s strategy to broaden our product base – and grow our player base – through innovative alliances. Because these games will be great for our players, they will be good for our business.”
Boasting more than 200 games, CryptoLogic has one of the most comprehensive casino suites on the Internet today. From popular casual games such as Sudoku, Cubis, and Bejeweled to multi-bonus and multi-jackpot games featuring some of the world’s most famous action and entertainment characters, CryptoLogic has earned rave reviews from industry peers and players alike. In 2008, CryptoLogic earned Gambling Online Magazine’s Top Casino Software award for the third consecutive year. Based on the votes of players around the world, it is widely considered the industry’s top honour.

DRAGON’S DEN ON BBC PUTS GAMING ALERTS BACK IN THE SPOTLIGHT

October 15, 2008

Viewers of BBC 2 were given another look at the Dragon’s Den episode where two business partners, Emmie Matthews and Ed Stevens, received a £200,000 investment to give their company Gaming Alerts Limited a kick start when the show re-aired recently.

Theo Paphitis decided to make the £200,000 investment for 30% of the company, which was settled after he refused offers of 10 and 25% stake. Many of the other Dragons were a bit skeptical of the business model and decided to pass on the idea, which gave Theo a leg up in the negotiation process. In the end, however, all parties were happy with the deal.

Although Gaming Alerts, http://www.gamingalerts.co.uk/, began with and still does promote all aspects of online gaming, the company soon found that online bingo is the booming industry in the UK, and around the world. The company has since decided to focus more of their attention and efforts on the online-bingo industry.

Additionally, after doing extensive research into the international bingo market, along with their experience on the portal site, the company has launched a new bingo site in Spain. Feriabingo.com, which launched last week, is an exclusively Spanish-speaking online-bingo site targeted for players in Spain.

“After finding out how saturated the market is in the UK, we’ve decided to focus our attention on other European markets,” Ed said. “We’re excited about the new opportunities we have in the works with Theo and hope Spain proves to be a success.”

In keeping with the online-bingo focus, the company launched a new Online Bingo Forum at http://onlinebingoforum.co.uk/, which provides bingo players with a place to discuss their likes and dislikes about the popular operators as well as any other topics of interest. This addition is expected to attract even more bingo players to the site, continuing its growth.

The Gaming Alerts Industry News section is now featured in Google News UK, significantly expanding its overall reach. The site provides only the best online gambling news and continues to attract new readers every day.

Online Casinos Helping the Economy

October 15, 2008

The global financial crisisdoes not paint a picture of security. It does not bring about peace of mind for many consumers. Among the seemingly daily rising costs are food and gas. Many homes struggle to stay above water in these tight economical times. There is the constant battle to bring home a pay cheque sizable enough to put petrol in the family vehicle or food on the tables at dinner time. For these reasons, many social or recreational activities that many people enjoy in their down time have had to be scaled down or eliminated altogether.

This is where the online gaming industry enters into the picture. Engaging in online gambling via the many casino and gaming websites that can be found across the website is a smart alternative to traditional casinos. Consumers do not have to spend money on gas to drive to and from the traditional casinos. Likewise there is no money being spent on high priced food selections as well.

Many industry analysts predict that the picture for online gaming websites will only continue to be positive. One gaming organization CEO even goes so far as to make the statement that the next seven years look to be very promising for the online gaming industry. As consumer prices for necessary items such as food and gasoline continue to rise, the online gaming industry stands to benefit greatly.

The thought of having to pay an outlandish gas price at the pump will keep gambling enthusiasts home on any given night. However these individuals will not give up a love of gambling simply because of gas and food prices constantly being on the rise. That love of gambling drives gamers to a search for alternative ways to feed the gaming need. Once again the online gaming industry walks into the picture.

Economies being hardest hit at the moment are the United States. An expectation is that the United Kingdom is following quickly behind. While many online gaming websites have withdrawn from the US gaming market due to restrictions, they are still active in the UK industry. In spite of these pending economical crisis situations, the online gaming industry will continue to bring a strong presence to the table. This will be due in large part to the industry moving into other markets such as the Latino and Italian gaming markets.

At some point in time, the economical crisis will come to an end. Gas and food prices will no longer be on the rise. Through it all will be the online gaming industry bringing the gamers what they need in a moment of hard times and in moments of great times.

Online Gambling Highlights In October

October 14, 2008

Leading online casino and gambling portal and independent news source, Online Gambling Insider, looks at the latest news and promotions in the industry. There area number of new online casinos, updated casino bonuses and lucrative competitions to exploit.

“If you’re in the Northern Hemisphere, it’s starting to get colder outside, but that usually means that the online gambling industry will be heating up,” says Ryan D, founder and editor of Online Gambling Insider. “We have lots of great online casino news and with the NFL regular season in full swing, there are many great contest for NFL betting fans and enthusiasts of the game to take advantage of.”

Headline news at the Gambling portal this month is the certification of the Villento Brands online casino group. This Microgaming group operates two online casinos, namely Casino Villento and the recently launched Rich Reels casino. “Villento Casino has been on our approved Microgaming casino list for some time, and we recently added Rich Reels. We have been hugely impressed by this group, and feedback from players seems to be very positive.” Both online casinos are now covered by Online Gambling Insider’s $1000 deposit guarantee, effectively a free insurance policy against non-payment by online casinos. Read the portal’s Villento Brands Group Review.

Online Gambling Insider has also reviewed a new Real Time Gaming Casino launched at the beginning of October - Cherry Red Casino. This casino is operated by the Rushmore Group, a relatively new RTG operators. Cherry Red offers new players a $777 double deposit bonus.

In addition to their great $100,000 weekly NFL picking contest at Playersonly.com, this sports betting giant is now running a Real Time Gaming powered online casino. Playersonly Casino is unique in that it is aimed exclusively at the U.S. and Canadian markets and makes it easy for players to deposit and withdraw funds.

Then there’s special news for the ladies. Online gambling giant 888.com has just launched 888 Ladies Casino. As the name suggests, this site is focused on a female audience and offers Bingo and Casino games and welcomes all ladies with a 10 Pound bonus.

Undoubtedly one of the hottest Sportsbook promotions this season is the Win a trip to Super Bowl XLIII at the legendary Intertops.com. “It’s the dream of every football fan and Intertops.comhelps make dreams come true, with the chance of winning a trip for two to Super Bowl XLIII in Tampa Florida.”

Players wanting to qualify for this great prize simply need to wager on the 2008 NFL Regular Season. Every dollar wagered entitles the player to one entry into the end-of-season draw for this amazing package, so the more you wager, the greater your chance of being there when the destination of the Vince Lombardi Trophy is decided on February 1st 2009. “Add to this the fact that new players get a free $20 bet, plus regular low juice specials and Intertops is a great place for North American NFL fans to place their bets this season,” Ryan added.

“NFL betting fans don’t need to look for to find great deals at online sportsbooks, and we have some of the best ones to choose from,” says Ryan.

eCOGRA Advocate A Panellist At Conference

October 14, 2008

ex Rees, the Fair Gaming Advocate at the London-based player protection and standards body eCOGRA, will be one of a panel of experts discussing Responsible Gambling at the Asian Gambling Briefing starting in Singapore on the 21st October.
 
Organiser Beacon Events has invited Ms. Rees, who routinely mediates hundreds of player disputes every year, to join the high-powered panel, which will be moderated by Panos Makridis, Responsible Gaming & Compliance Manager for Galaxy Entertainment Group.
 
Other members of the panel will be Macau-based Francisco Gaivao, Senior Legal Counsel, Melco Crown Gaming and Prof Hao Zhidong, Associate Professor & Head of Department of Sociology, University of Macau.
 
The discussion will embrace the importance of CSR and Responsible Gambling programs and their relevance to social responsibility; how Asia compares with other regions in the implementation of responsible gambling policies; the relationship between CSR and public policy and the appropriate level of government involvement; best practice for exclusion problems and how to increase operator accountability.
 
Rees established eCOGRA’s Responsible Gambling Requirements, and continues to ensure they are correctly implemented across well over 100 leading online gambling websites and mobile operations. She has organised and hosted various underage and responsible gambling training programs for eCOGRA certified operators, and has also been responsible for coordinating and motivating industry efforts which ultimately resulted in the International Responsible Gambling Code, adopted by industry trade organisations RGA, EGBA, IGC and leading online gambling jurisdictions.
 
She joined eCOGRA in 2003 with over 15 years of management and customer relations experience in both land-based and online gaming businesses.
 
Her experience includes managing customer relations for software developer LiveBet Online, where she was the primary point of contact for clients regarding development and operational issues. Responsibilities included interpreting client needs to develop a software solution and overseeing the installation, testing and training of the platform.
 
Prior to that, Rees managed a staff of 40 administrative and call centre employees for SuperBet, which ultimately became South Africa’s first online gambling operation. While there, she managed customer dispute resolution, established a customer care protocol and oversaw its implementation. Rees also assisted in wagering software development and testing for SuperBet and served as a liaison to the S.A. Gambling Board regarding compliance issues.

Kentucky’s Gambling Assault Featured On Digg, YouTube

October 13, 2008

What is it about politicians? They seem great when running for office and once they get there they either do dumb stuff or reach for powers not given to them. In Kentucky’s case, it’s both, unfortunately, and when Governor Beshear talks about the threat of online gambling, every sensible thing he ever said flies out the window. 

This was the same guy that wanted but failed to get the General Assembly on board to allow casino gambling so the state wouldn’t lose millions upon millions of tax revenues as citizens drove across a bridge to Indiana. That made sense, more sense than predecessor Ernie Fletcher’s ridiculousness about how casinos turned the areas around them into third world countries as the light of the casinos prove just too powerful for the gambling moths. Fletcher’s arguments sounded similar to the National Retail Federation’s about the addictiveness of eBay. Thieves and whores and thievin’ whores abound while children starve to death.   

But Beshear’s argument for seizing the domains of 141 online gambling sites is unconscionable on a whole other level. In this case, Beshear extends that authority with a specious—at best—argument about protecting the Commonwealth. “[Online gambling]’s hurting our legalized gaming activity. It hurts fair and mutual betting. It hurts our lottery. It hurts charitable gaming that our churches and softball teams do to support themselves.” 

Don’t get me started on Christian gambling. For every Bingo hall, there’s a Baptist on the corner opposing a new racetrack. But softball teams? Does he mean raffles? Next he’ll be the grand defender of March Madness office pools. 

While defending his position by asserting online gambling is an affront not only to state-sanctioned gambling, but also to church-and-softball-team-sponsored gambling, he glazes over the more important issue: jurisdiction. Remember how New York decided it had the authority tocollect sales tax on out-of-state sales? The situation in Kentucky is similar in overreaching authority. 

Probably no one would have made much of a stink if Beshear had announced a plan to block illegal websites. Constitutionally or not, online gambling is illegal in the Untied States thanks to Bush’s DOJ and their grand imaginings of granted power. But Beshear wants to take the domains from companies based overseas. It’s not just an intestate commerce issue. It’s an international commerce issue. 

Beshear is right to believe lots of these sites are shady—easily technologically fixed in favor of the site—but that’s why we have fraud laws on the books. Opposition to Beshear gathered in Frankfort on Tuesday for a hearing. The Governor likewise characterized the organization as shady because they wouldn’t reveal exactly whom they were representing. 

That’s because the Interactive Media Entertainment & Gaming Association represents more than just a handful of international gaming sites. They represent pretty much anybody doing business on the Internet. On their website, they list the types of issues iMEGA takes on: freedom, privacy, security, choice, content rights, commerce & taxation, net neutrality, citizen journalism, ethics and best practices. 

As for how Joe Brennan, Jr., chair of iMEGA responded to Beshear calling his organization shady, he didn’t mince any words in this YouTube videothat’s been voted up on Digg and is now officially embarrassing our whole state across the Internet. “The only person I would suggest who has acted in a shady and unethical manner thus far is the governor and his council. . . . If I’m gonna be called shady and my trade association is gonna be called shady by the governor of Kentucky, that is like the pot trying to call the kettle black.”

Ordinarily, them’s fightin’ words. But I cain’t gather up the gumption to defend my governor on this one.