Showing posts with label Gambling. Show all posts
Showing posts with label Gambling. Show all posts

Sunday, December 11, 2011

Efforts to Legalize Online Gambling Again in the USA

The lobbying efforts to get Online Poker legalized in the country are only getting stronger. Poker lobbyists are backed by the multi-million dollar offshore gambling companies which are based in Antigua, Malta and other foreign sanctuaries. The lobbying efforts have been successful to some extent with the Obama administration agreeing to delay the implementation of the Unlawful Internet Gambling Enforcement Act (UIGEA) til June 2010. This has given some reprieve to online gaming operators who argue that if gaming is regularized in the United States it could generate billions of dollars of tax for the Administration. However not all are convinced. Opponents argue that online gambling would increase crime rate, threaten children and increase the overall percentage of Americans addicted to gambling. Some of the major opponents are National Football League, Focus on the Family and Republican Senators like Jon Kyl from Arizona.

The primary support for legalizing online gambling are from Rep. Barney Frank (Mass.) and other Democrats who are leaving no stone unturned to legalize online gambling in the United States. Till this time online gaming lobbyists have spent more than $4 million in lobbying efforts to convince lawmakers that prohibition of online gaming is not a great idea. Other supporters include former Republican senator Alfonse M. D'Amato (N.Y.), chairman of the Poker Players Alliance who is the Chairman of the Poker Players Alliance. The Poker Players Alliance has 1.2 million members and funded by the Interactive Gaming Council, a Canada-based trade group for offshore gambling firms. John Papas, Executive Director of the Poker Players Alliance feels that prohibition is not going to succeed in any of the objectives for which it is intended. Another strong supporter of online gambling is Richard A. Gephardt whose firm is lobbying for PokerStars, a large poker gambling firm based in the Isle of Man.

The opposition to online gaming is also very vociferous and strong. It includes the four major US sports leagues, religious groups and some casinos. Their argument states that online gambling and poker will take gambling right into the living rooms of Americans which is a dangerous proposition. It is fair as long as gambling is confined to 'brick and mortar' casinos or a lottery store. In US online gambling is illegal under a 1961 law which was focused on bookies using telephone lines for taking bets. The UIGEA is aimed to iron out any ambiguities that are present with Internet gambling. The new law will prevent banks from accepting credit card payments, checks or any other form of electronic payment related to online gambling. However, the hard lobbying by Poker Alliance and even the financial institutions has put it on hold til June '10. Though the Obama administration is officially neutral on the issue, it needs to be seen which direction the boat sails after June.

Friday, December 9, 2011

Online Gambling Secrets

Surprisingly there are a few gambling secrets that actually work. You have probably already heard of many that aren't all they are cut out to be, but with the new development of live online casinos you can now take advantage of the same systems that can work in real casinos.

Secrets Of Card Counting

Card counting is a way to give yourself an edge against the casino in the game of blackjack. This is statistically proven to work, although many casinos now have systems in place to stop players taking advantage of this. The idea of card counting is to keep track of which cards are dealt and use and when the pack has many face cards left in it (10, Jacks, Queens, Kings) the player bets more, as there is more chance of winning.

To make this work the player must devote time studying a good card counting book (there are many to choose from) and practicing the techniques in practice play at the online casinos (or with a friend as the dealer).

Card counting will give the player an edge, but is not a guarantee to win. Speaking to dealers I have found that some players are regulars who use card counting they will always bet the minimum and then after some time they will raise their bet and generally profit.

Secrets of Roulette

Many fly by night sales people will try to sell you roulette systems that don't have a chance in hell of working. The good news is with the live online casinos, you can spend time in practice mode looking for a bias in the wheel. Live wheels do sometimes have a bias that will allow you to profit for some time, although you may need to track the wheel for around 5000 spins. You can do this in practice mode. Be aware that the casino may change the wheel.

You can also use some software that has been proven to work, but be sure to read reviews and test it out in practice mode first. You can profit with some software, but only if you use the correct live online casinos, otherwise you may lose money fast.

Secrets of Promotional Gambling

Nearly all casinos, both live online, RNG and live land based casinos utilize promotions and bonuses to get you gambling your money. If done correctly you can stand to profit from these promotions. However be sure to read the wagering requirements that you will have to reach before cashing out, as some may not include the games you wish to play.