Roulette is a type of betting game. When playing this game, players are allowed to place a bet on a single number, a range of numbers, red or black colors... Read more about 'Playing Online Roulette'...
Gambling is currently not permitted in Israel and the question of whether the state should permit it or not is no small one. Read more about 'Controversy Surrounds Israel's Plan to Legalise Gambling'...
While sports gambling continues to be illegal in the United States, fantasy sports exists as a perfectly legal alternative to it even though many people believe that the difference between... Read more about 'Pennsylvania Moves Closer to Include Fantasy Sports as Gambling'...
A committee in the Georgia House of Representatives approved an amendment to the state’s constitution that will enable a statewide referendum to be organized on the subject of legalizing casino... Read more about 'Georgia House Committee Clears a Hurdle to Legalise Casino Gambling'...
Major bookmaker William Hill was unable to keep its share price from tumbling even though the company had announced a very attractive share buy-back in addition to a an increased... Read more about 'William Hill Shares take a fall because of Gambling Duties'...
PokerStars, the largest online poker operation in the world will be re-launching its operations in the United States after a gap of 4 years. Read more about 'PokerStars Returns to the United States After 4 Years'...
Responsible Gambling Trust, the largest gambling charity in the United Kingdom, finds itself at the centre of a row after a senior executive’s husband was awarded a major research contract. Read more about 'The UK’s Top Gambling Charity hit by Conflict of Interest Claims'...
Las Vegas, once the global hub of gambling, has seen a slow deterioration over the past few years, mostly on account of the increasing popularity of sports betting. Read more about 'Gambling in Downtown Las Vegas – Tips to have a Great Time'...
The newly instituted Botswana Gambling Authority organised a conference earlier this week to inform various stakeholders in the industry about the country’s latest gambling regulations. Read more about 'New Gambling Regulations Come into Force in Botswana'...
When it comes to watching the big game, it's always a little more fun if you have some action on the side. Read more about 'Why Online Sports Betting Is Fun'...
Go to any online betting site and you will notice a lot of attention is focused on football. There is a reason for that. Read more about 'The Basics Of Online Football Betting'...
As most people know, betting comes in two forms, win betting and place betting; these two have been used since antiquity and continues to be practiced today. Read more about 'Lay Betting Explained For Stress-Free Understanding'...
Betting has evolved over the last 70 years and people have found that betting has even made it onto the internet which has made betting easier and in some cases,... Read more about 'A Brief Guide To A Timeless Classic, Tic Tac'...
Handicap betting is really simple once you understand it. A sports betting agency will put out a number with a minus sign before it. Read more about 'Understanding Handicap Betting'...
Understanding Handicap Betting
Posted On 2016-01-09 22:33:00
Handicap betting is really simple once you understand it. A sports betting agency will put out a number with a minus sign before it. Let’s say it is ‘-6.5’ on an NFL football game. The team that the number with minus sign is next to must win by at least seven points in order to get the betting win. If they win by six points or less or even lose then the betting win goes to the other team. This point differential is most notably called the “spread”. Spread betting is simply where the payout is based on the accuracy of the bet. Let’s say you have a soccer match that has England taking on France. England has a -1.5 next to it. That means that England must win the game by at least two goals in order for the better on England to win. If England only wins by one goal then the better on England loses and the better on France wins. In baseball and other sports it is no different. A team from New York has a -2.5 (decimals are often used to avoid puts) so that means they must win by three runs in order for betters on New York to win.
The reason for the “spread” is to make matches more even and betting more difficult. It is to provide more of a 50/50 odds at winning rather than having a simple win or lose. In a win or lose bet there could be and usually are a more heavily favored team. There’s simply contests that have clear favorites and for the betting agencies to maintain profitability they enact a spread. Now, as more bets are placed on one particular team the “spread” will become more sizable. Odds makers tend to set the “spread” at first but when one team becomes more heavily bet on that “spread” increases or decreases. Let’s say England and France are playing that same soccer match with a ‘-1.5’ spread next to England. That means, as stated before, that England must win by at least two goals. But, if a large majority of the betters bet on France then the spread may to go ‘-.5’ where England only has to win by one goal in order to beat the spread.
Betting lines are most notably put out in Las Vegas, Nevada as it is legal to gamble on sports in that state. The rest of the 49 states in America do not allow this type of gambling to take place. Other countries though tend to allow this form of betting. Handicap betting is usually seen in the American NFL football league, the American NBA basketball league, the American NHL hockey league, the American MLB baseball league, international rugby and soccer.
A Brief Guide To A Timeless Classic, Tic Tac
Posted On 2016-01-09 22:34:00
Betting has evolved over the last 70 years and people have found that betting has even made it onto the internet which has made betting easier and in some cases, more convenient. However, an older type of betting was created a little less than 80 years ago, this form of betting is called Tic Tac. It was a more intricate way of betting on horses. Tic-Tac followed what seemed like, an overly intricate system, at the time in order to keep their competition from taking their winnings.
Tic-Tac’s origins took place in the United Kingdom in the 1940s, Tic Tac was a form of betting that people at that time used to win money or make bets on popular horses. The Tic Tac system had two features, the bettors for one. The bookmakers were the second, and most important, part of Tic-Tac. What made the bookmakers so important was that the bookmakers had to clandestinely inform their coworkers of the impending odds so they could keep the numbers out of their opponents’ hands and this way they could keep the odds in their favor.
The tic-tac man wore white gloves and performed a multitude of hand movements and gestures in reference to a particular set of odds on a particular horse. Interestingly, some of these same hand movements and gestures are still somewhat practiced today in the United Kingdom; this old tradition still carries a lot of weight for calling the odds on any and every horse on the track. The Tic-Tac man’s job was very important, he was the key to people winning big or losing everything, everything rested on the tic-tac man’s gesture.
There are two kinds of monetary bets, evens and odds. Both have nicknames that classify them for easy referencing. Even money bets went by five different names: Scotch, you devils, Major Stevens, levels and Straight Up. Odd money bets were simply called Tips.
Furthermore, the Tic-Tac man had another job and that was to move his hands or touch certain parts of his body in order to indicate the odds or evens during the betting process; each gesture had its own slang so people at that time knew what was going on.
For example, 11/8 odds. The tic-tac man placed his right hand on his left arm going up from his elbow to his wrist; the slang for this is called Up the Arm.
Another example of odds that were 7/4, the right hand went immediately up to the left shoulder. The slang for this was called Shoulder/Neves-seven backwards to rouf.
Back in those days, the bookmakers wanted to make sure that people got their money and as much of it as possible; the bookmakers resorted to faint whispers in order to protect their customers.
In conclusion, the tic-tac man’s job was important as was the bookmaker’s but it is a known fact that these two people made tic-tac one of the most interesting ways to win a lot of money betting.
Lay Betting Explained For Stress-Free Understanding
Posted On 2016-01-09 22:35:00
As most people know, betting comes in two forms, win betting and place betting; these two have been used since antiquity and continues to be practiced today. However, there is a third form of betting called Lay Betting. It can be argued that lay betting is actually more complex than its predecessors, but it’s quite the contrary. Lay betting can be described as a way for a person to win money based on what doesn’t happen instead of what does, an example of this is when a person bets that the Philadelphia Eagles lose the Super Bowl instead of winning it and if the bettor is right then they just won a lot of money.
It is a known fact that winning at lay betting lies in a person’s ability to bet against something or someone as well as their ability to measure odds and evens, another example is when a person bets against one of their relatives losing an upcoming Crash Bandicoot costume competition; the person betting against their relative wins and get a huge payout. There’s a fine line between betting who’ll lose and paying out if they win, some people think that there’s more to lay betting than just betting on a loser or on who’ll lose everything. Well, there is.
Lay Betting also plays by the selection system just like the Each Way betting system, but there is a little twist when it’s used in Lay Betting. Picking a winner is, in fact, a bad thing. The reason, if a person picks who’s going to win instead of whose going to lose then they’ll have to pay out to the person who won which usually involves all of their winnings. The mechanics of lay betting is pretty basic, bet on whose going to lose to win. Lay betting also follows the evens and odds of betting as well, it’s a known fact that people win more betting on the odds than evens.
When a person is lay betting, they should exercise caution because lay betting is a game where a person can potentially lose everything and end up irreversibly broke as well. When a person lays a bet, they are only capable of winning the other person’s money and not the entire house. Normally, when there is betting involved, the house usually have a stake in the bet as well and in which case, if a person bets on the loser and wins then they won’t get the winnings from those betting in the house; just the person they betted against. It can be said that lay betting is more one on one than one on one versus the house.
The concept of lay betting is weighing the risks versus the rewards, a person stands to gain a lot of reward when they make the right bet on the loser. There’s also a lot of risk involved if their selection wins then the other person will get the bettor’s winnings.
In conclusion, lay betting is one of the simplest forms of betting because a person is betting on a loser and not a winner.
The Basics Of Online Football Betting
Posted On 2016-01-09 22:36:00
Go to any online betting site and you will notice a lot of attention is focused on football. There is a reason for that. Football is the most popular and most loved sport in the world. It doesn’t matter where you live football has a presence in the sports world of the country. With the love of football is the love of betting on the sport. It is exciting and can be very profitable if you understand the betting basics.
The basics of football betting are primarily based on the fixed odds presentation of the game. The online bookmaker looks at the teams that are playing and sets the odds. The favorite is the team (based on the experts opinion) most likely to win. You can bet with their opinion and if that team does win, you win a nominal amount of money. This is the logical choice and you are risking little and the return is little. Your other option is to bet against the opinion of the experts. If you bet on the least likely team to win and they do pull off a win; you have won much more! The actual amounts depend on the odds set for the game. This is the thrill of online football betting.
The fact is in football no one knows for sure which team will win. This is why teams and their fans draw such huge attention. In the world of sports there will always be die-hard fans of each team. Rarely are teams unevenly matched. If the teams were not both good they would not be playing the game and especially they would not be playing each other. Odds may be in the favor of one team over another for various reasons, but that is no guarantee of a win.
Online gamblers make a choice on betting just to win a few dollars or to risk their betting dollars and go for a big return. This is the excitement and the thrill. If you are simply betting for fun, then no big risk may be the fun you want. If you play with the idea that you are willing to spend X amount of money and not get it back for the chance of getting it back plus a lot more – then bet accordingly.
It is a personal preference and no matter how you bet, you will have many people who bet the same way. The bookmakers can explain the odds and how to play the game. As you get more into it and understand it more, you may take bigger risks.
Just remember to be responsible with your betting and don’t bet more than you can afford to lose. That way you are always a winner!
Why Online Sports Betting Is Fun
Posted On 2016-01-09 22:38:00
When it comes to watching the big game, it's always a little more fun if you have some action on the side. While some of us can simply enjoy sporting events for what they are, there are others who derive maximum enjoyment out of placing a bet on the contest at hand. As a result, online sports betting continues to increase in popularity.
Betting on sports is a real thrill and online sports betting lets us get our kicks, without even having to leave the house. All you need is a bank account and some disposable income and you are on your way. But online sports betting is only fun if you remain in control of your bankroll.
Betting within your limits is an important aspect of having fun while participating in online sports betting. Chasing the thrill of betting on sports is a great way to spend a weekend. However, it should never lead to any sort of financial difficulty or jeopardize your ability to pay bills on time.
To avoid these common pitfalls, establishing a gambling budget is crucial. Online sports betting is a blast, but only when you are smart enough to stay within your limits. If you are finding yourself spending money that has been earmarked for more important expenses, this is a sign that you need to reassess your style of gambling.
As people continue to transition toward a world where every single transaction takes place online and our smartphones are never out of arm's reach, online sports betting will take on added importance. While there is always going to be a place for the traditional brick and mortar casino or gambling hall, the modern consumer treasures their ability to place a bet without having to change out of their pajamas.
Whether you're a weekend warrior who just wants to add a little excitement to the football slate or you are someone who needs action on a daily basis, online sports betting caters to all gambling styles. The versatility of online sports betting allows every player to choose a time a day to place their bets that works for them, without being beholden to gambling parlors and traditional brick and mortar outlets.
Online sports betting is fun, as long as you are able to remain with the proper limits and ensure your ability to stay financially solvent. If your gambling habits are keeping you from taking care of yourself or your loved ones, this is a sign that they must be adjusted.
But for those who already know how to regulate their spending, the world of online sports betting provides a number of opportunities. There is no limit to the amount of sports that you can place bets on. With online sports betting, you are no longer confined to your geographical location or even the nation in which you live. The entire sports world is literally at your fingertips.
New Gambling Regulations Come into Force in Botswana
Posted On 2016-03-08 06:55:00
The newly instituted Botswana Gambling Authority organised a conference earlier this week to inform various stakeholders in the industry about the country’s latest gambling regulations. These regulations will come into effect on 1st April 2016. These regulations allow the government to regulate the gambling industry in the country. The gambling business in Botswana has spread at a very fast pace and there have been lots of complaints about the ills that plague it. The new regulations are intended to protect the interests of individual gamblers while also ensuring that the government generates the maximum possible revenues from it.
The new regulations will permit the Gambling Act of 2012 to come into force and they will be enforced by the Botswana Gambling Authority. The new law will come in place of the Casino and the Lotteries and Betting Acts and it will provide a comprehensive framework for regulating the flourishing gambling industry in the country. Gambling in Botswana was previously regulated by the Casino Control Board.
Thuli Johnson, CEO of the Botswana Gambling Authority provided gambling industry stakeholders with an outline of the new regulations during a meeting that took place earlier in Gaborone. He said that the newly formed regulations would cover all gambling activities in the country, whether they are virtual or land based and that all casino, sportsbooks, lotteries, bingos and racing would be regulated by it. It will now be necessary to get the appropriate licenses before launching any gambling service while existing casinos would also have to apply to the appropriate permits. Licenses will also be required for gambling machines as well as important personnel in gambling establishments.
Another important aspect of the new gambling regulations is that it is designed to control money laundering. The Authority intends to keep a close watch on all betting operations electronically. Casino operators will also have to put surveillance equipment in place so as to enable close monitoring of their activities. The rampant spread of illegal gambling outfits is without doubt a major problem in Botswana and it creates issues not just for individual gamblers but also for licensed operators. Incidentally, there are 10 licensed casinos in the country and the majority of them operate out of hotels.
The Gambling Authority will be releasing advertisements in the near future to inform gambling operators about the need to get licensed and how to apply for them. The license fee for registering casinos will be P250,000 and that for betting houses will be P50,000. The Bingo license will cost P10,000 whereas the cost of running a national lottery will be P1 million.
Johnson also admitted that the Authority did not yet have a proper framework for regulating betting using the media of internet or SMSs. Electronic betting is increasing in popularity all over the world, and the situation is no different in Botswana where people use a number of internet gambling sites to enjoy gambling, sports betting, bingo and the like. Incidentally, the new law in Botswana will also take steps to ensure that people are encouraged to gamble responsibly.
Gambling in Downtown Las Vegas – Tips to have a Great Time
Posted On 2016-03-08 07:08:55
Las Vegas, once the global hub of gambling, has seen a slow deterioration over the past few years, mostly on account of the increasing popularity of sports betting. While the major casinos still retain their glitz and glamour, the same cannot be said for the smaller gambling establishments. As a matter of fact, the quality of these smaller places has dropped so much that it just doesn’t make sense to gamble there any longer. However, Las Vegas, especially the areas downtown, still has much to offer to people wanting to have a great time As a matter of fact, downtown Las Vegas is a fairly good place to visit as long as gambling isn’t your sole reason for being there.
Downtown Las Vegas has grown over the last decade and right now there is more to it than the casinos and the Fremont Street. A brand new Arts district has come up and the Fremont East area has been redeveloped tremendously. The entire place has a vintage Vegas feel that is definitely worth experiencing. The casinos also offer fabulous dining and entertainment options over and above their core business which is gambling. It is very clear that people come here to have a good time overall, and not just to gamble, which is why so much money has been invested in refurbishing and renovating restaurants and bars.
Downtown Las Vegas also has a dozen or so casinos that offer a very good gambling experience to players who like to play for smaller stakes. You are not likely to meet any high rollers here, but the games are thrilling and there is a lot of excitement overall.
It's a good idea to give the following games a try.
Most casinos here have a $5 minimum (which can go up to $15 which is still quite low) but the odds are pretty much like those in high limit games. In fact, you can even find a game with a 0.30 percent house edge which is really amazing. The best thing to do is refer to the Wizard of Vegas’s Blackjack Survey to see where the best games are.
This is also very popular because of its low house edge. You’ll be able to play at a house edge lower than 0.10 percent on this game when you go for maximum odds. Many casinos here have 20x and 10x odds.
You’ll find these games all over the place and can even play some of them for five cents per hand. The returns at downtown Las Vegas casinos tend to be very good on the whole, but you need to check the paytables of individual games before you choose a game.
As mentioned earlier, there are quite a few casinos in downtown Las Vegas where you can enjoy gambling as well as great food and entertainment at excellent prices. Check out casinos such as the Downtown Grand, Plaza, El Cortez, the D and Golden Gate to have a fabulous time here.
The UK’s Top Gambling Charity hit by Conflict of Interest Claims
Posted On 2016-03-08 07:14:00
Responsible Gambling Trust, the largest gambling charity in the United Kingdom, finds itself at the centre of a row after a senior executive’s husband was awarded a major research contract. Commonly known as RGT, this trust receives almost £5 million in annual payments from UK based bookmakers but it has faced criticism in the past because of being “close” to the betting industry.
The newest issue arose after RGT awarded a lucrative contract to Sophro Ltd which is owned by Jonathan Parke, the husband of Jane Rigbye, Director of Commissioning for RGT. The trust has initiated a £750,000 project to study the issue of internet based problem gambling and the research contract awarded to Sophro last December was part of this exercise. Furthermore, Mr. Parke himself is no stranger to RGT, having worked there until 2014 when his last position in the company was the one currently occupied by his wife. In addition, the man at the helm of the RGT, Neil Goulden, owns shares in gambling firm Gala Coral, the firm he was formerly employed by.
Mr. Parke has a great deal of knowledge about consumer behaviour, having been a lecturer in this subject at Salford Business School before working at RGT. His consultancy services are in great demand in the betting industry, especially since he has gained expertise in self-regulation in betting.
Ms. Rigbye stoutly denies that there is any conflict of interest in appointing Sophro or indeed in RGT’s close association with the gambling industry as a whole. As a matter of fact, Sophro was awarded another job on the heels of the research contract. The second project is being done in association with gambling industry giant Unibet. Furthermore, RGT also clarified that Ms. Rigbye was not involved with the commissioning of surveys and studies.
The issue concerning Sophro and RGT has raised many eyebrows and has made many people ask questions about the way in which the gambling industry operates. In fact, Lib Dem lawmaker Tim Farron said that this episode had highlighted serious questions about the gambling business. It has also been pointed out that RGT filled many posts, including the ones occupied by Rigbye and Parke, without advertising them first.
Many people have noted that RGT goes to great lengths to show that online gambling or betting machines don’t cause any addictions or any other damage to gamblers, indicating that it doesn’t do enough to promote responsible gaming. Mr. Goulden, currently on his way out of the firm, maintains that any addiction issues associated with gambling are on account of problems with the individual and not with gambling itself.
The stand taken by RGT against acknowledging excessive gambling as a problem is at odds with the experiences of many medical practitioners. Doctors are increasingly encountering patients who are addicted to gambling and they have begun to treat them with medications that are normally prescribed to people with substance abuse problems. Furthermore, people are calling gambling helplines in ever increasing numbers. It is clear from this case that the gambling industry will benefit from proper scrutiny, but it remains to be seen whether this will happen.
PokerStars Returns to the United States After 4 Years
Posted On 2016-03-08 07:27:00
PokerStars, the largest online poker operation in the world will be re-launching its operations in the United States after a gap of 4 years. The company’s services will be made available to its customers who are physically located in the state on New Jersey. It will offer online poker, as the name indicates, but will also feature a wide range of online slot games and casino table games to offer a wide gambling experience.
PokerStars is owned by gambling giant Amaya Inc. which caters to more than 100 million customers located all over the world via its different gambling brands. The internet marketing company previously stopped offering its services to residents of the United States in 2011 and the news of its return has been greeted with a great deal of enthusiasm.
PokerStar’s entry into New Jersey’s online gambling market was approved by the state’s gambling regulators earlier last year. Incidentally, there are 17 other internet gambling sites permitted to serve residents of New Jersey. The site is currently undergoing testing by New Jersey gambling regulators ahead of its launch in the market.
The Chairman and CEO of Amaya, David Baazov, indicated that there was mutual enthusiasm about PokerStar’s return to the United States. The company expects customers to be excited to gamble using its platform since it makes use of the latest technology to ensure an exciting and reliable gaming experience.
It is no secret that PokerStars has had a chequered history and that mismanagement by its top officials had led to its being banned in the state of New Jersey. The company was found to have accepted bets from people living in areas it did not have jurisdiction to operate in. However, its takeover by Amaya has given it fresh leadership thanks to which the state is willing to let it resume business. Nevertheless, the company has paid a whopping $547 million in penalties to the Department of Justice because of this issue. Incidentally, the company is currently embroiled in a legal battle with the state of Kentucky over accepting customers from that state for the period starting 2006 until 2011. The company might have to pay a fine of $870 million in this case if its appeal against the court’s December ruling goes against it.
According to the law in New Jersey, online gambling operations will only be permitted if the company gets into a partnership with an existing land based casino located in Atlantic City. In fact, PokerStars was in major discussions to purchase the Atlantic Club Casino, but the deal fell through. PokerStars subsequently entered into a contract with Resorts Casino Hotel.
The entry of PokerStars online gambling is expected to revitalize the online betting business in New Jersey. The internet gambling business in the state is growing at a very rapid pace and it showed a 21 percent increase over the previous year. However, revenues from internet gambling in New Jersey haven’t yet reached their potential, and they lag far behind the revenues from the casinos in Atlantic City.
William Hill Shares take a fall because of Gambling Duties
Posted On 2016-03-08 07:35:00
Major bookmaker William Hill was unable to keep its share price from tumbling even though the company had announced a very attractive share buy-back in addition to a an increased dividend pay-out ratio. As a matter of fact, it is quite surprising that the company has been able to be so generous given that it has had quite a tough year in 2015. It was unable to maintain revenues at the previous year’s levels mostly because there wasn’t any major football championship in 2014. In fact, revenues for the year dropped from £1.61 billion the previous year to £1.59 billion in 2015.
William Hill announced a dividend of 12.5p for 2015, up from the previous year’s 12.2p, even though the company’s adjusted earnings per share dropped 17% to 24.7p. The company’s board has taken a decision to fix its dividend at approximately half of EPS from henceforth. The gambling behemoth has also managed to reduce its debts from £602.8 million to £488.2 million over the past year. It has also launched a repurchase programme worth around £200 million to be finished over the following year.
The company also saw an 8% drop in profits before tax, from £206.3 million in 2014 to £189.9 million in 2015. The reason for this drop in profits is the increased taxation on gambling that online and retail gambling businesses in the United Kingdom have to pay. In fact, the extra gambling dues faced by the company for the year amount to £87 million and this resulted in a 22% drop in operating profits to £291.4 million. If this amount were excluded then the operating profit would indicate a 2% growth over the previous year.
William Hill’s Chief Executive James Henderson said that the company was very successful at offering multiple channels while also investing in the latest technology and also covering a wider geographical area. The company now has a platform that enables it to deliver a number of innovative products to customers using a number of channels.
The company’s restructuring of its Australian operations has been very successful and it has resulted in increased revenues. The sports betting app is one of the most popular ones in Australia. Furthermore, the company’s decision to sponsor the Australian Open has helped it tremendously, both in terms of attracting additional customers and also increasing in-play turnover.
The share prices of William Hill haven’t really come as a surprise to stock broking firms. Analysts from companies as diverse as Liberum Capital and Panmure Gordon indicated that the company’s numbers were very much as expected. In fact, both companies, as well as Peel Hunt, termed the shared as ‘hold’. Furthermore, it was also suggested that the bookmaking firm would not be part of any mergers or acquisitions in the near future, considering that the proposed buy-back was around 5.6% of the it's share capital. The company is definitely one to watch out for in the future since given the rate at which the sports gambling industry is growing.
Georgia House Committee Clears a Hurdle to Legalise Casino Gambling
Posted On 2016-03-08 08:07:47
A committee in the Georgia House of Representatives approved an amendment to the state’s constitution that will enable a statewide referendum to be organized on the subject of legalizing casino gambling in the state. The vote is expected to take place this fall. The House Regulated Industries Committee also approved a 71-page “enabling” bill that would lead to casinos, restaurants, hotels and shopping malls to be opened in the state.
The enabling bill, in its current form, commits 20 percent of all revenues from gaming to bolster various education programs, particularly the HOPE Scholarships program. This is a substantial increase from the 12 percent of gambling proceeds that the original bill proposed to offer for this purpose. Matt Ramsey, Republican representative from Peachtree Corners and House Majority Whip was one of the driving forces behind the enabling bill. The objective of the bill is to generate maximum revenues from gambling whilst still ensuring that it is attractive to customers.
The revised bill has called for building fewer casino resorts than originally suggested, from six to four. Two of these casinos will be in Atlanta whereas the other two will be outside the metro area based upon the city’s capacity to support these businesses. The main resort in Atlanta is expected to bring in $1.25 billion in investment whereas the other one will account for a minimum of $750 million. The smaller casinos located outside the Atlanta metro region will require an investment of at least $400 million each. The aim of the bill is very clearly to generate increased revenues after permitting fewer casinos.
The House Regulated Industries Committee came to a unanimous decision on the subject of gambling, but only after it considered testimonies from various bodies that are opposed to gambling. In fact, many civic and religious organizations, in addition to academics, have aired their reasons for opposing gambling, especially that it can lead to addiction. Many academicians have pointed out that slot machines are extremely addictive and that they can lead to a number of problems in society. Although the gambling industry stresses that it offers a complete entertainment package to its customers, the fact is that an overwhelming percentage of customers opts to play slot games.
The House of Representatives is very clear that voters in Georgia will say yes to the constitutional amendment and enabling bill. Republican Representative Ron Stephens, from Savannah, pointed out that voters had approved a state lottery more than two decades ago, the purpose of which was to raise funds for education. However, the state lottery was currently unable to feed the demand for funding for education. For instance, the HOPE Scholarship used to get 100% of its funding via the lottery, but this has now reduced to 70%.
The approval from the House of Representatives is just one step in the battle to increase the presence of casinos in Georgia. A statewise referendum is the next step and that will be followed by local elections in communities to decide whether casinos can come up there or not.
Pennsylvania Moves Closer to Include Fantasy Sports as Gambling
Posted On 2016-03-08 08:14:38
While sports gambling continues to be illegal in the United States, fantasy sports exists as a perfectly legal alternative to it even though many people believe that the difference between the two is only a technicality. Daily fantasy sports, an entirely different type of fantasy betting, is a highly controversial topic since it hardy differs from actual sports gambling. There is a lot of revenue to be generated from daily fantasy sports which is why many states are planning to change their gambling laws to accommodate it. Pennsylvania, however, appears to be doing things differently, and the state has passed a law that requires daily fantasy sports to be studied so that it is possible to understand whether it is akin to gambling or not.
Based on the new law, the Pennsylvania Gaming Control Board will have to study and report on the potential of fantasy sports, starting by defining it correctly. The PGCB will also have to analyze the different formats of fantasy sports while also seeing how the existing gaming regulations cover it. Gambling addiction has been identified as a major problem, especially when it comes to minors participating in it, and fantasy sports will also have to be studied from this aspect in order to arrive at a clear idea of what it entails.
Most other states seem to be extremely eager to regulate DFS without first understanding it fully. For instance, Virginia is very close to getting a DFS bill passed after which residents in the state will be able to take part in it with the normal restrictions. As a matter of fact, the Fantasy Sports Trade Association (to no one’s surprise) has suggested a model bill that does not term DFS as gambling, and many states are putting it forth with their own amendments.
Pennsylvania’s carefully considered approach to DFS has quite a few detractors most of whom are of the opinion that it isn’t possible to operate it in a regulated environment. Furthermore, it might not be easy to come up with a definition of fantasy sports without changing or copying the terms of the UIGEA which currently defines the status of gambling in the United States. However, it is very important to bring DFS under a proper framework or else the fantasy sports laws will be used to permit a wide range of activities that resemble sports betting very closely. As a matter of fact, many operators offer products that resemble parlay sports betting even though they are ostensibly fantasy sports betting.
Not too long ago, there were indications that the state of Pennsylvania would bring out a DFS law very quickly with the activity being considered on par with gambling. However, the state’s legislature seems to be of the opinion that it is best to wait for the report before introducing a law on DFS. Incidentally, the state is also considering laws to permit land based casinos to run fantasy sports contests and another one to allow online poker and casino contests.
Controversy Surrounds Israel's Plan to Legalise Gambling
Posted On 2016-03-08 08:18:09
Gambling is currently not permitted in Israel and the question of whether the state should permit it or not is no small one. There is quite a major controversy surrounding the country’s intention to permit casinos to be constructed in Eliat. In fact, people are questioning whether the state has any business at all to ban gambling. After all, not every action of the state can be considered to be correct or justified just because it is sanctioned by the existing laws or policies. In fact, some would even argue that the state of Israel commits many unethical acts in the name of the national good (think demolition of people’s homes and detention of minors), but that is entirely a discussion for another time.
An interesting paradox about gambling is that many states that ban it, ostensibly for moral or ethical reasons, already run state lotteries from which they generate a great deal of revenues. No doubt these revenues are necessary for the state and many countries indeed finance education and other important things using the money from lotteries. If gambling is unethical then so are state run lotteries. Therefore, the Israel government’s existing ban on gambling is really quite strange. In any case, Israeli citizens who wish to gamble can easily do so when they travel abroad. In fact, there are also lots of casino cruises operating in the international waters outside Eliat and they have a predominantly Israeli clientele.
The question to be asked here is whether the government should be concerned with banning gambling or not. After all, the purpose of government is to give the people of a nation the ethical and appropriate means to live life in the way they seem fit whilst ensuring that there is stability and security in the nation. It is very wrong to use laws to create culture because this path always leads to mistakes and a great deal of dissatisfaction among citizens of the state.
The Jewish state of Israel was formed in order to give Jews the liberty to develop their own identity and culture. As a matter of fact, one of the most important values of Israel is the liberty that it offers its citizens. Given that freedom is so important, it is really very strange to think that the state has the right to interfere with the private lives of its people, especially when it comes to something as innocuous as entertainment. One of the biggest objections being raised to the existing ban on gambling is that it resembles something that a totalitarian or fascist state would do.
Even though the government is now planning to legalize gambling in Israel on account of economic concerns, the fact remains that it shouldn’t at all be involved in this decision at all. All it should do is stay away from banning gambling and the people living in a particular area, Eliat or any other place, will decide for themselves whether they need to have casinos in their city or not.
Playing Online Roulette
Posted On 2016-04-01 00:00:00
Roulette is a type of betting game. When playing this game, players are allowed to place a bet on a single number, a range of numbers, red or black colors or odd or even numbers. A croupier will spin the wheel either in a particular direction then in the opposite direction around the circular track which is tilted in order to determine the winner. Depending on whether the game is American or European roulette, the ball will eventually fall into one of the thirty seven or thirty eight colored or numbered pockets of the wheel respectively.there are a numbers of websites that are available on the internet that are you can use to play roulette. They may vary depending on the types of roulette that they offer.
A basic fact about playing online roulette is that you have to first of all understand the rules of the game before you start playing or else you might lose a lot of money. The odds of winning the game are better whenever you place a bet on more that a single number at any instance. Combo-bet are therefore recommended especially if you are a beginner. There are a lot of strategies that you can use when playing the game to increase your chances of winning. The important point to note is that none of these strategies can predict the number that is about to come and hence increase your chances of winning.
The first thing we need to understand about this game is the wheel. This is the most noticeable item that you will definitely see on your screen when you are gambling online. In the American roulette, the wheel has thirty eight numbers , that is, one to thirty six, a double zero and a single zero. In theEuropean or French roulette, the numbers are less by one(thirty seven) because the double zero that was in the latter is not present. The numbers are not arranged sequentially on the wheel and are randomly arranged on the wheel. However, the colours alternate from black to red on the except the zeros which are green in colour.
The croupier as mentioned above will be the person in the game when spins the wheel while in a live casino. In the online game the croupier is not present but the functions he performs of spinning the ball in one direction then changing the direction after a while is still done. Depending on the casino you use, whenever you are learning how to play the game, the wheel may be stationary before you start playing the game. After you have placed your bets and locked , the wheel will then start spinning.
Before you start playing the game it is fundamental that you understand how the betting board works, that is, the roulette board. This is where all the bets are placed. As a player, you should always go through the board carefully and thoroughly so as to play the game well. The numbers that are present on the wheel are normally repeated on the board but they are arranged in order. The order is divided into three columns and are arranged consecutively from left to right.in order to bet on a particular number, all you have to o is drop your chips on the number exactly on the felt.
Roulette does not involve betting on only one number. Instead of putting all your chips on only one number, you can choose to make other bets on other numbers. You can bet on the first twelve or the second twelve or even the third twelve. When betting in terms of columns you can choose to bet on the first or last eighteen numbers.
If you are looking for more techniques,There are also other ways of playing roulette such as the street bet, the corner bet, and the line bet. While playing the street bet you can choose to bet on three numbers in a row beginning with a number in the left column. In the corner bet, you bet on four numbers while in the line bet you bet on six numbers.
This is just a simple explanation of how to play the online roulette. Be that as it may, the best way to know how to play this game is by practicing. There are some sites that are available online that will allow you to learn how to play this game without you losing money on your first trial. In these sites you do not need to make a bet to play the game. It is important as a beginner to learn first and once you have acquired the skill, proceed to deposit money and make a bet.