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Archive for September, 2010

SportingBet.com Still Duking it Out With the US

Tuesday, September 28th, 2010

Sportingbet.com is a company that has long been in debates with the US government over whether or not it acted illegally prior to the UIGEA of 2006. The UIGEA of course was the Unlawful Internet Gambling Enforcement Act. It was put in motion to stop online gambling but lacked a lot of definition. It basically tasked financial institutions with monitoring, flagging and denying any activities that were related to gambling online. Banks because overly cautious of gambling though and started to deny transactions that by all accounts should have been approved. It got some companies into a lot of unwarranted trouble. The problem was that the UIGEA never defined what gambling truly is; it never answer the question of what gaming companies are to be held liable and denied transaction approval.

Other companies are coming up with problems now. They are having difficulties blending into the market. Sportingbet.com is one of them. Prior to the UIGEA the company was well established in the US market. The US Department of Justice reported that Sportingbet.com took bets from US residents after the UIGEA was already passed. Other sports wagering companies pulled out almost immediately for fear of breaking laws but Sportingbet.com decided to keep operating. Those operations are now the ones that are in question by the US government. The problems are almost over though. The company announced that it has long been in litigation with the government, but has finally reached a settlement. The company is paying $33 million and hoping that once the door for legal gambling in the US are opened, it can regain its position in the market. The US market is a big one and every company is looking to capitalize on it. In the market today there are many changes coming about and Sportingbet.com wants to fight for the right to continue marketing in the US, but without fear of breaking rules. It already has a great business model and can gain US gamers—it did that once before. It should not have a problem of rebuilding its market. considering that it already has a great reputation for sport betting in other countries it should not be a problem for it to move in on the US market in the near future once legal things are settled.

Real Time Gaming Offers Great Tournaments

Tuesday, September 28th, 2010

One of the best things about today’s gambling market is the sheer number of tournaments that are out there. If you love gambling, then now is the perfect time to get in on the fun. Not only is it fun, but it can be surprisingly lucrative. This past weekend Real Time Gaming was the website that offered the biggest draw. Of course Real Time Gaming is a company that develops games for the market and it has become a leader at it. If you love games with huge visual appeal and bonus games, then you most likely are going to love the RTG games available in today’s market. The company worked with jackpot Piñatas slots game to recently offer one of the biggest payouts ever. It had a jackpot of $1,656,434. This is one of those games that doesn’t pay out very often, but when it does it pays out big dollars. That’s why so many people test their own luck at the game. They know that there is a slim chance they are going to win, but if they do, they can be prepared for this small slots game to offer them a million-dollar payout. The jackpots are normally that high wherever this game is in operations too!

If you love those games that come along with consistently high payouts, then you can also try Aztec’s Millions. This is the second-highest paying game that is in the RTG series. Last time the game his was in 2009 and that lucky winner walked away with just over $1.2 million. Who said that slots games are low-paying games? That is no longer the case—in today’s market you can find slots that are just as lucrative in payout than other table games. In particular the progressive slots are the ones you want to pay attention to. You can easily find them because gaming companies put extra promotional dollars around them to get them to the public. If you love big payouts, then test a few out and the Real Time Gaming games are some of the best because they were built for performance and big jackpots.

Pigg’s Peak Still Focusing on African Market

Tuesday, September 28th, 2010

Gambling in Africa is still up for argument. Of course the government stepped in a few weeks ago to thwart gaming. Legislators claim that they are protecting citizens from dangerous practices of gambling. Their main opponent right now in the battle is the website Pigg’s Peak online gaming casino. It has petitioned hard and wanted to stay in the market, knowing just how lucrative it is. Now the North Gauteng High Court ruled that the website was operating illegally in the country. This is becoming a huge battle for gamers because of the fun of gaming. Citizens want to be legally able to wager at online casinos. They know how many hours of fun gaming can be and they like the prospect of winning extra cash if they get lucky. Right now that option is opening to citizens all over the world and proving to be lucrative. Citizens in Africa want the same opportunity.

The fight is far from over though. So far Pigg’s Peak website has won the opportunity for an appeal to the high court’s decision. Despite the win, gaming analysts are citing the country’s determination to keep gambling out. Other online casinos have already pulled out of the African market. They are worried that if they don’t the government will take further legal action against them. Their main goal is to stay safe and avoid fees, while operating consistently in other countries. Pigg’s Peak is different though. The casino is leading the fight to stay in Africa. They know how big a market it is and how popular gaming is in that area and in the world as a whole. They want to have the upper hand when it comes to gambling and if the door opens to legalize it, they already have a customer base and the means to promote their products to the market. Only time will tell what happens with gambling, but it should take some interesting turns. If the African government holds firm on their position, it may be an uphill battle that Pigg’s Peak is going to have to accept rather than continue to fight off.

Setting a Bankroll Should be Your Priority

Tuesday, September 28th, 2010

Let’s say you want to go to an online casino. You decided what games you want to play. You decide who is watching the kids and how you are going to get there. All details are set, right? Wrong! You forgot about the single-most important element of gambling: setting your bankroll. Some people think that they will decide on what they want to spend based on the promotions at the casino. This couldn’t be more dangerous! Consider that a casino spends millions of dollars in promotions and specials. They want you to keep on gaming and they are going to offer you the biggest and best offers available to get you to bite. The “House always wins” is not just a wives tale! If you do the math you are going to see that the odds are always sin the house’s favor. Whether or not you stick to the small-wager games or the big ones, you are going to lose over the long-term. So what can you do?

The best you can do at a casino is to protect yourself. Always remember the rule: never wager more than you reasonably can afford to lose. You know how in the movies a gambler will wager his last $1,000 and win the big $1,000,000-jackpot? There is a reason that you don’t hear about that happening in real life. They are great stories that just don’t happen in the real world. The best thing you can do is always protect yourself by making good decisions before you get to the casino. You want to calculate how much you can afford to lose during your gaming session. Worst case scenario that is what you are going to be dealing with. Of course, you could get lucky that night and come away with a great win but the chances of that happening aren’t that great, so why risk it? The only one who can protect your bankroll in gambling is you so always be smart. Don’t get caught up in the excitement of the gaming floor, rather make some smart decisions before you even get there. It could save you from losing too much cash and having a bad gaming session to remember.

Football Season Isn’t Necessarily a Good Thing for Betting

Tuesday, September 28th, 2010

Does the launch of the NFL’s football season mean casino numbers are going to be up? A lot of casinos hope so, but the numbers proved differently. The NFL is huge in the market and a lot of gaming companies were hoping their numbers would be up immediately. Sports betting and other changes would help them to tip the scales. Not that sports betting necessarily needs help…in fact, sports betting has been growing in popularity for the past few years. The US isn’t embracing it, but that doesn’t mean that it isn’t growing as a hobby. Other places in the world are taking kindly to sports wagering and leagues are even supporting them. That is one problem the US has had—the NFL has never been supportive of sports wagering.

Part of the problems with sports wagering is that gamers are watching TV and not wagering. Although there are millions of football lovers in the market, sports betting companies have been suffering. It could be attributed to the recession. Many gaming companies have seen the problems. People have lost their jobs in droves—and that has caused them to seriously cut back on their discretionary spending. The unemployment rate was high and the prospects were limited. This caused people to be much more conservative with their funds than normal. For this reason sports betting companies are more worried than ever. Though traditionally the NFL season is what changes their revenue stream. They can count on the new revenue to sustain them throughout the year. That may not necessarily be the case this year. Online casinos are preparing for considerable slow downs in income. Sure there will still be online wagering, but it may not be at the levels it once was. Online casinos are pushing for major advertising and promotional campaigns that will bring in customers, but it may take some time to spur the market to what it once was. Only time will tell what it takes to revive the market and it could be a long time in coming. Despite the huge market and popularity of the game, people are still worried about their finances and vigilantly watching them.

The Different Bets in Roulette- Part 2

Tuesday, September 28th, 2010

• The dozens bet. This is a bet that is made on twelve consecutive numbers. For example, you could make a dozens bet on the 13 through twenty-four numbers. The wagers pay out at 2 to 1. These are popular bets and a lot of new gamers use them.
• Column bet. This is just like it says—a wager on a full column of numbers. There are three columns of numbers and you have to pick one. This is the same as the dozens bet in that it pays out 2 to 1 also. Its another very popular wager in the world of roulette gaming.
• Red, black, odd & even bet. You just put your chip on the box you want to wager on, and that’s the bet. This is a simple type bet and probably the most popular of all wagers available.

These are the outside bets to understand. Remember that roulette is one of the most popular games around and that means that people are going to be playing competitively. You want to be ready with your own arsenal of experience and skill at the game. The thing to remember about roulette though is that although it is highly popular, it provides one of the biggest house edges to the casino. There is a reason why casinos built tournaments and huge events around the roulette tables! Not only are they popular, but they bring in huge dollars to the casino organization.

Finally, know that because of the game’s popularity, roulette is one of the most targeted games when it comes to “sure fire” systems in the market. Just browse a bookstore’s gambling shelf. You are going to find a huge range of “experts” who want to share their wisdom…for a few dollars of course. Don’t believe them. Roulette is one of those games that does have an element of skill to it, but there also is a huge luck element. Without luck you won’t get very far. For this reason you have to just practice what you can and then jump into the game. No one has a “sure fire” system for very many casino games—if they did, they wouldn’t have to sell their books to make a living, would they?

The Different Bets in Roulette- Part 1

Tuesday, September 28th, 2010

If you are looking for a good game at the casino, why not try roulette? Not only is it a great paying game if you win, but it also can provide lots of gaming fun for anyone visiting the table. Roulette of course is played on the popular roulette wheel. It is one of the most recognizable and most used symbols in the world of movies and television today. There are some things to learn though. If you want to play roulette, give yourself some time to learn the bets because there are a lot of them. Here are some of the most popular inside bets:

• The straight up bet. This is a wager where you merely bet on a number between one through thirty-six. It’s one of the simplest wagers around and it is where most new roulette players start their game.
• The split bet. This is a bet where you play on two different numbers. All you have to do to make it is put your chip on the vertical lime that separates the betting areas. Again this is a popular bet and you are going to see a lot of roulette players using this one.
• Corner bet. This is a bet you make by putting your chip on the four corners of the number/s you want to wager on.
• Street bet. This is a bet that pays out eleven to one. To play it you put your chip on the vertical line separating the betting areas.
• Basket bet. The basket bet is where you have five numbers. This is considered to be the worst bet you can make in the entire game of roulette though due to the house’s edge being almost 7.9%.
This is just the beginning of the wagers in roulette. There are also a wide range of outside bets you have to be aware of. There is a reason why people stop and study roulette gambling—there is a lot to learn. Not the actual game, but the bets that go along with it. Here are the outside bets you need to be familiar with to play roulette:

Part two coming next.

Online Security Getting Better

Tuesday, September 28th, 2010

If you have ever wondered about online security, know that in today’s world it’s getting harder and harder to scam people. When the internet first began no one knew where it would go. People purchased things with little knowledge about “SSL” or “encryption” or “security.” They didn’t yet know that you could lose everything in a bank account without protection. Now gaming companies are wise to tactics used by thieves and are moving to protect their gamers. In the world of online casinos there are two companies that secure information: VeriSign and Thawte. Thawte is a division of VeriSign but it stands alone in business model. The company works to provide SSL certificates to websites. An SSL certificate is a specific code that web servers employ. It protects any information that is shared via that server. This is how information is protected from hackers as it travels from one online location to another—say a customer’s computer to the gaming website’s depositing account. So far Thawte has handed out about 945,000 certificates and code signing certificates in over two-hundred different countries. The company is focused on staying ahead of the evolving security issues that plague the internet and its users. Overall it has done a great job but the operators know full well that their mission is never going to be over.

The world of technology is moving quickly. It’s a lot like organized crime was in the 20s. As police departments became aware of thieves and created ways to stop them, they created more ways to steal. The internet is going through the same type of growth right now. It is developing at a lightning-fast rate and that means from both sides. On one side you have scammers who steal information and on the other side you have companies like Thawte that are keeping up with the changes. Though criminals are giving companies a run for their money, those companies are not laying down. They are working just as hard to continue using the latest advances to bring even more security to their gaming customer’s needs. Expect even better products to be developed in coming months as gaming continues to take over the market of online interactions.

How to Play Red Dog at a Casino

Tuesday, September 28th, 2010

Let’s say you go to a casino and want to play Red Dog. It’s a lot like poker, but has some key differences to understand. Before you jump right in take some time to get accustomed to the rules. The first difference is that with Red Dog, the suits have no meaning. The second difference is that the Ace is always the highest. When you make your first bet, you get two face-up cards. If the cards are next to each other in value, then it is called a “push.” If the cards are the same value, then you get another card. If that third card matches the other two, then the player gets an 11-to-1 pot. When the first two cards don’t match, that’s when the game begins. The dealer is going to tell the table what the spread is, which is the difference between your two cards. You can increase the original wager. Once that happens, you get another card. If it is in the spread, then you win, if not then you lose. There is a payout table. If your spread was four or more, then you get paid out 1-to-1. If the spread was three, the payout is 2-to-1. If the spread was two, the payout is 4-to-1 and if the spread was just one, then your payout is 5-to-1. Obviously you want the smallest spread possible because this is what pays out the most.

The game is popular, but it comes along with a hefty house edge. That means your chances of winning aren’t that great. So why do people play? Because despite not being a big winning game, it still has straightforward rules that are easy to learn and it is a fast paced game. Those things alone make some players love the game. As long as you monitor your wagers closely and never go overboard with them, you should not have problems with the game. This is one of those games though that players play when they want to just gamble. It isn’t going to give you a huge, life-changing win or get you written up in the newspaper. Still, Red Dog can be the game of choice for some gamers who just want to vary their wagering schedule.

Rules of Gambling- Part 2

Tuesday, September 28th, 2010

• Keep things quiet. If you win, of course you want to tell people- that’s what you came for! The truth though is that you can’t trust everyone in a casino. If you do win, try to keep it quiet and only let your friends k now. If you are playing online of course this isn’t an issue, but playing at a live casino can be more difficult. Remember that if you do feel threatened in any way, you can always ask security to escort you to your car. Of course if you have a big win, it may be more difficult to keep things quiet, but you can still get help leaving if needed. Plus some casinos automatically help you out as you are departing.
• Don’t play “just one more time.” Too many people believe that in just “one more bet” their luck is going to change. They can “feel it.” There is no such thing as predicting a good streak. Luck is luck! If you want to change your luck all you can do is move to another machine or game and hope. Most likely if you stick with a game in the hopes of it turning around, it isn’t going to work.
• Don’t let it all ride. We have all seen the movies where the players put their whole bankroll on one number and in slow-motion they end up winning the jackpot! It’s a great ending, but rarely does it happen in real life. It’s better to come up with a true-blue strategy when gaming. It would be great if every time you wagered big you walked away a winner, but it is rarely what happens. Just ask the millions of players who have walked in hopeful and walked out empty-handed. This is a horrible strategy and unless you have the big bankroll to lose, don’t even attempt it.

Overall gambling is one of the most popular pastimes of the world today. More and more gaming centers are opening up and offering great bonuses for gamers. Be sure to know what to do and what not to do though so you don’t wager too much. You want to have a good time and part of that means not losing everything you have.