Gambling Legality Basics

The gambling scene in America can be traced back to centuries. Gambling has remained to be a part of the American dream life ever since the inception of lotteries in New Hampshire. The history of American gambling can be broadly classified in two. One relating to the games which come from the legacy of the Indian tribes who used to play some recreational games for amusement to monetary exchange .

Millions of dollars exchange hands at the gambling tables and it is a major source of revenue for more then half of US states. Internet has played an important role in popularizing gaming and making it reach the deepest of the people. Casinos, which can be seen over half of America, are the main centers for gambling in America. They are making a lot of money and the business is seen to be a prospective venture. States which are minting money out of gambling are becoming a source of inspiration for the others to follow. Thus it can be said that gambling in casinos is now not confined to Las Vegas Nevada. Gambling is present all over America and is steadily on the rise.

The holistic approach to maximize out of gambling has given rise to complete townships that cater to the needs of the gamers. Now the cities are coming up with a complete set up casinos, entertainment parks, luxurious hotels, fabulous restaurants and many other peripherals to make them complete. These are the most sought after destinations of the avid and new both types of gamblers.

A gaming commission set up in each state regulates this business and thus there is a eye watching them. But gambling has found its way bye-passing the rule of law. Charitable gambling is common place and is at equal level with the conventional gambling. Every city once in a while organizes a raffle or any bingo event. The charitable boards and commissions take care that the charitable gaming organisations do not loose their track and stick to their purpose.

But internet gambling or technically called as “off shore” gambling is taking big strides in America. Although the US justice department has pronounced as an offence but there is no explicit action that lies against the offenders. The internet gambling is a worse form of gambling as it has its reach in to the deepest of territory. The addicted gamblers find easy access to the gambling sites. The law also cannot take a firm stand as there is no law governing such misuse of gambling as of now. There are severe researches going around the country to find the economic and social impact of gambling. The law needs to be codified and has to be brought within the framework of the legislation.

The gamblers and the gambling promotional companies have come up with cruise gambling. It is a two way beneficial method for the gamblers. First of all it attracts much higher number of people due to the extra special features of such tours. Secondly it takes the scene of gambling in to the waters of the country. This has made it difficult for the legislators to make a complete law on this issue.

Having set many commissions and boards to monitor gambling, the governments is trying to do the best it can. But as long as it is fetching revenues to the states gambling is here to stay in America.

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101 Gambling Tips For the Avid Gambler

While many of the gambling facts you may have picked up in Las Vegas can be useful in online gambling it’s important that you realize there are some critical differences. But with a knowledge of the facts surrounding your chosen game, and armed with some gambling tips from experienced online players, you will find online gambling not only a fascinating and exciting adventure bit also an opportunity to turn your gambling hobby into a profitable venture.

Critical Rules for Every Game

1. Never chase after your losses. Don’t increase your bets because you’re losing and want to get even; only increase your bets as part of a pre-determined strategy.
2. Don’t gamble at any game that you don’t understand. Learn it first.
3. Don’t gamble and drink at the same. It’s hard enough to win at gambling even without dulled senses.
Money Management – General Guidelines
4. You will lose more often than you win and the longer you play the more likely that fact is. And it’s true whether you’re talking about hands of blackjack, rolls of the roulette wheel or throws of the dice.
5. The key to winning is to maximize your wins and to minimize you losses.
6. Learn and memorize the odds at the particular game you have chosen to play as well as the best strategies to use in an effort to maximize your winnings at that particular game.
7. Never gamble with “dear” money; only gamble with “excess” money. In other words, never gamble with money that you will need, or may need, to pay your everyday living expenses.
8. If you’re playing against other players online this is doubly important. The minute you start gambling with “dear” money the other player will sense your heightened stress and play accordingly – often bullying you out of a bet because they know you are more tentative with your “dear” money.
9. Set a stop loss amount and stick to it. Divide your total gambling bankroll into four separate amounts. Divide each of those amounts into four smaller amounts. If you lose one of the smaller amounts, change tables or games or just take a break. If you lose your entire first allotment, stop gambling for the day.
10. Be disciplined and avoid the gambler’s demise of going into your next allotment because you feel like your luck “just has to turn around.”
11. Plan ahead. When you start a gambling session determine the amount that you want to win (be realistic) and when you reach that point put the money away and walk.
12. When you are winning, draw some money occasionally from your gambling bankroll and put it into a “do not touch” bankroll to protect that portion from further risk.
13. No money management system will ever overcome the house advantage over the long term. You will always lose more often than you win. The key is that you must win more big bets and lose more small bets.

Money Management – Positive Progression Systems

14. A Positive Progression System is one in which you increase the amount of your bets when you win and decrease the amounts of your bets when you lose. To use this system properly you must establish a “standard” betting unit.
15. Your “standard” betting unit should be a comfortable percentage of the gambling bankroll that you will be working with for a particular gambling session. For example, if your session’s bankroll is $100, you might make your “standard” betting unit $10.00. This way you would be able to play at least 10 betting events before running out of funds even if you lost all 10 events in a row.
16. These systems allow you to win relatively large amounts during a hot streak while helping to minimize your losses during cold streaks.
17. A common example of this strategy is to add one-half of the amounts you win to your next bet. For example, at blackjack if you win a hand with your “standard” betting unit of $10.00 you would add $5.00 to the bet on the next hand for a total bet of $15.00. If you win that hand you would add $7.50 to the $15.00 for a bet of $22.50 on the next hand. When you eventually lose a hand, return to your “standard” betting unit of $10.00 on the next hand and start the system all over. Of course in practice these increases of 50% will be approximate.
18. Another more complicated system is to always keep your bankroll divided into a certain number of units and then bet one unit on each event. As you win, your total bankroll becomes bigger so each unit will grow and you’ll be betting larger amounts. As you lose, your units, and bets, become smaller.
19. Establish a system for drawing some of the winnings from your gambling bankroll occasionally to put it into your “do not touch” bankroll. For example, when you double your bankroll you might take one-half of the winnings to put into the “do not touch” bankroll. If you experience a long winning streak using a Positive Progression System the winnings can grow dramatically.

Money Management – Negative Progression Systems

20. A Negative Progression System is one in which you increase the amount of your bets when you lose and decrease the amounts of your bets when you win. Again, to use this system properly you must establish your “standard” betting unit.
21. The most common negative progression system is the Martingale System. Here you double the amount of your bet if you lose and return to your “standard” betting unit when you win. For example, at blackjack if you bet $10.00 and lose you would bet $20.00 on the next hand. If you win that hand you would then reduce your bet to the “standard” $10.00 bet for the following hand. In all gambling, the Martingale system will always fail in the long run.
22. This system can be very frustrating because during a hot streak you are winning only your “standard” betting unit. And during cold streaks you are continually losing bigger and bigger amounts.
23. Remember, draw some money occasionally from your gambling bankroll winnings and put it into a “do not touch” bankroll.

Playing Roulette

24. American roulette is one of the worst casino games that you can play because the house advantage under standard rules is 5.26% or higher.
25. European roulette offers a lower house advantage under standard rules of 2.7% because there are fewer slots with only one “0″ as opposed to the “0″ and “00″ in American roulette.
26. All bets on in American roulette give the house an advantage of 5.26% with one exception: the “0″, “00″, 1, 2, 3 combination bet gives the house a much larger 7.89% advantage.
27. All roulette betting systems rely on the inaccurate assumption that the result of previous spins can predict future results. Unless the system is defective or fixed, each spin carries the same odds as every other spin.
28. The most popular betting system at roulette is the negative progression system known as Martingale (see #17). As in all other games, the Martingale used in roulette will always fail in the long run.
29. Because of the heavy house advantage if you are playing not just for amusement but to win money you might as well take a shot at the higher payoff bets and hope that you get lucky.
30. Try a modified positive progression system at roulette. Divide the amount you are willing to lose at one roulette session into 35 “standard” betting units. Pick one number and bet one unit on that number (must be at least equal to the table minimum bet). Continue playing one unit on that same number until you either win or run out of your 35 unit bankroll. If you win, bet two units on the same number and continue betting two units on that number until you either win or lose your bankroll. If you win again, walk away!
31. Roulette is a relatively slow moving game compared to other online games, so it should take you a longer time to lose your bankroll.
32. Do not play roulette as a way to win money; the odds are too heavy in favor of the house. Play roulette only as a way to have fun and pass the time without losing a lot of money quickly.

Playing Baccarat

33. Baccarat is one of the easiest casino games to play and offers a relatively low advantage to the house of just 1.06%.
34. There may be as many as 12 to 14 players at a table, with the role as dealer passed around the table much as the dice are passed around a craps table.
35. All players may bet on each hand and the bets are either on the “player”, on the “dealer” or on a tie. With the exception of the tie bet, baccarat is much like betting heads or tails on the flip of a coin.
36. Neither banker nor player can make any decisions regarding play; the rules of the game stipulate what must be done with every hand and a house “dealer” supervising the game will direct the play accordingly.
37. Winning bets on the player or the dealer both pay even money, minus a 5% commission paid either at the time of the bet or when the player leaves the table.
38. Winning bets on a tie usually pay 8 to 1, again minus a 5% commission.
39. In an 8-deck game, the house advantage is slightly less for a “banker bet” and dramatically higher for a “tie bet”, so it seems most logical to bet only on the banker.
40. As in all online gambling, card counting is meaningless because the deck(s) is usually shuffled after each hand in baccarat.

Playing Blackjack

41. Blackjack offers one of the lowest house advantages at around .60%, but expert players can actually create situations where the player has an advantage.
42. For the serious player there are many complex strategies that require time and dedication to master.
43. Never just sit down cold at a table. Blackjack tends to be a game of streaks, so watch a table for a few hands to determine if it is a hot or cold table for the players.
44. A “soft” hand is a hand with an Ace that can be counted as either a 1 or an 11 in value and still keep the hand’s total at 21 or less.
45. A “hard” hand is a hand with an Ace that must be counted as 1 in value in order to keep the hand’s total at 21 or less.
46. A beginning or social player should stick to the generally accepted rules of the basic blackjack strategy.
47. Never be afraid to take a card that might bust you. Always play the odds; don’t let the fear of a bust stop you from taking a card when you know it’s the option with the highest probability of success no matter how small that probability may be.
48. Read one of the many excellent books on counting cards if you are serious about blackjack and willing to spend a lot of time practicing and perfecting your play. As in all online gambling, card counting is of little value because the deck(s) is usually shuffled after each hand. In blackjack, however, with many players at a table it may be beneficial for that one hand.

Playing Blackjack to Win – The Best Moves

49. Always split Aces and 8s as the odds are good that the two new hands will be dramatically better than either the soft 12 or hard 16.
50. Stand with a hard 12 or higher when the dealer is showing a 4, 5 or 6. The odds are good that the dealer may bust on the next card or that you will bust if you take another card.
51. Take a hit on anything below a hard 17 when the dealer is showing a 7 through an Ace. Don’t be afraid to bust!
52. Always double your bet when you’re dealt an 11.

Playing Blackjack to Lose – The Worst Moves

53. Never split 10s because you may very well be trading one excellent hand for two mediocre or bad hands.
54. Never take insurance since the odds significantly favor the dealer. Even if you’re holding a blackjack on the hand yourself you will be trading a high probability of winning a 1.5 to 1 payout in exchange for a guaranteed even money payout.
55. Never stand with a soft hand that totals less than a soft 17.

Playing Craps

56. Craps is an entertaining and fast paced dice game that offers some of the best odds for players, as low as a 1.41% house advantage and even lower for some bets.
57. Craps can be a very complicated game so if you are going to be a serious player read and absorb a good systems book.
58. Establish a “standard” betting unit that is lower than your “standard” betting unit in most other casino games because in craps it’s easy to get a lot of money on the table quickly during a long roll.

Playing Craps to Win – The Best Bets

59. If you just want to enjoy the game but play like you know what you’re doing, try a very simple strategy starting with a new roller.
60. The Don’t Pass line offers relatively good odds with just a 1.40% house advantage.
61. The Pass Line also offers relatively good odds with just a 1.41% house advantage.
62. Place a minimum amount of your “standard” unit bet on either the Pass Line or the Don’t Pass Line and save the majority of the unit to “take the odds” after the point is established. In doing this you will get true odds on that backup bet with no house advantage at all.
63. Place a bet on the six or the eight in dollar amounts that are a multiple of six. The house advantage on this bet is only 1.52% and if the number is rolled you’ll win $7.00 for every $6.00 you bet.

Playing Craps to Lose – The Worst Bets

64. All of these bets offer impressive payouts but even those high payouts are not enough to offset the big house advantage.
65. The “Any 7″ bet, where you bet that the next roll will be a 7, provides the worst odds on the table with a house advantage of almost 17%.
66. The “Any Craps” bet, where you bet that the next roll will be a 2, 3 or 12, also offers bad odds with a house advantage of just over 11%.
67. The “Hardway” bets and the “Big 6″ and “Big 8″ bets are also poor odds with a house advantage of from 9% to 11%.

Playing Texas Hold-’Em Poker

68. The more players there are at the table the higher the odds that at least one other player has a strong pocket hand, so be more cautious with your pre-flop betting.
69. Be careful betting a high pre-flop card unless you have a good kicker as well.
70. Determine early the types of players at your table – aggressive or cautious – and remember and adjust your determinations throughout the game.
71. At games where notes are allowed make a note on any player whose tendencies you identify. You may see them later at another table.
72. Bet or raise with a good hand; don’t let other players get free cards that might make their marginal hand into a strong one.
73. Don’t be predictable. Vary your play to confuse your opponents as to whether you are an aggressive or cautious player.
74. Don’t bluff often and try to establish a cautious reputation at the table so that when you do bluff your opponents will think you must have a good hand and be more reluctant to call your bluff.

Playing Slots – The Facts

75. The payback percentages for online slot machines are generally better than the payback percentages in live casinos.
76. The numbers revealed on a spin of the wheels on a slot machine do not show up in any order. The numbers are being selected constantly, not just when the handle is pulled. The numbers to be displayed on the wheels are randomly selected at the instant that the handle is pulled or the spin button is pushed.
77. It’s impossible to tell when a machine is about to hit.
78. A machine can go for very long periods of time without a significant jackpot or it could register several large jackpots in a row. It’s all random selection.
79. The number of coins you choose to play affects only the amount of your bet; it does not influence the selection of the numbers.
80. Slot machines can be set with different payback percentages as well as different hit percentages.
81. Payback is the percentage of the money bet that the machine will return to the players over the long term. It usually ranges from 75% to as much as 99%.
82. The hit percentage is the percent of the time that the machine will payout some money on a spin. This can vary widely, from under 10% to over 90%.
83. Machines that are set to pay off frequently will usually have more small payout amounts and fewer large jackpots.
84. Machines with a high hit percentage (those that are set to pay off frequently) are normally referred to as “loose” slots.
85. Machines with a low hit percentage (those that are set to seldom pay off) will usually have more large jackpots and few small payout amounts.
86. Machines with a low hit percentage (those that are set to pay off infrequently) are normally referred to as “tight” slots.
87. There is no universally accepted “good” slot machine; it depends on the individual player and whether he would prefer many small payouts or a chance for one large jackpot.

Playing Slots – Strategies

88. Because of the random nature of each individual machine no gaming strategy will work over the long run on slots.
89. Before you start a gambling session on slots determine the amount you want to win and resolve to withdraw your cash when you reach that goal.
90. Choose an online site that does not have a wagering requirement that must be met before you can withdraw your money.
91. With all other factors being equal, choose the online site that offers the biggest bonus to new players.
92. Because the house has an advantage in slots, playing with small bets for long periods is a sure-fire strategy to lose.
93. The key to improving your odds of winning lies in knowing which type of slot machine to play.
94. When selecting a slot to play, avoid those with huge jackpots; the best odds of winning lie in the machines with small jackpots because their most frequent payoffs will be of medium size.
95. Play only on small jackpot machines that offer as many beneficial bonus features as possible.
96. Look for machines that offer wild symbols as well as multipliers to improve your odds of winning.
97. Look for slots offering second-screen bonuses or free spins to improve your chances of winning.
98. Look for slots offering what is known as the “gamble” feature where your wins can be gambled for double-or-nothing for as many as five times.
99. When you reach your pre-determined target for winnings STOP and cash in your chips.

Finally, there are two critical rules to all gambling, including online gambling, that you must follow and these rules bear repeating:

100. Never gamble with “dear” money; only gamble with “excess” money. In other words, never gamble with money that you will need, or may need, to pay your everyday living expenses.
101. Set a limit to the amount of money you are willing to lose, and can afford to lose, and stick to it.

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Online Gambling in the US – A New Chance

The biggest potential change would be in the United States, where Representative Barney Frank, Democrat of Massachusetts, is expected to introduce legislation within days, aimed at overturning the Unlawful Internet Gambling Enforcement Act. “He supports it and wants to move forward on it,” said Steve Adamske, communications director for the House Financial Services Committee, of which Mr. Frank is chairman. “There is a lot of gambling where no revenue coming in to the governments,” said Gavin Kelleher researcher at H2 Gambling Capital in Ireland.

Mr. Frank failed to do so once before, in 2007 but advocates of liberalization think they might get a friendlier hearing in Washington this time. President Barack Obama, boasted of his poker prowess during the election campaign and the Democrats, who are seen as less hostile to Internet gambling than the Republicans, have tightened their grip on Congress.

Analysts say that may be getting a little bit ahead of the game. Opponents of a repeal, including the Christian Coalition of America and the National Football League, have vowed to fight any effort to end the ban. Michele Combs, a spokeswoman for the Christian Coalition, said the group was gearing up for a massive campaign of letter-writing and lobbying to try to prevent any loosening of the law.

U.S. sports leagues, meanwhile, worry that the ease of online betting increases the chances of game-fixing. Even the most bullish advocates of online casino games and gambling acknowledge that Internet sports betting – as opposed to poker or casino games – is highly unlikely to be legalized. “There’s now a better chance for some sort of gaming legislation to be approved,” said Nick.

Batram, an analyst at KBC Peel Hunt, a brokerage firm in London. “But it took longer than expected to put anti-gaming legislation in place so maybe it will take longer than expected to remove it.”

Since the 2006 law was passed, North America has been passed by Europe and Asia, according to figures from H2 Gambling Capital. The law makes it illegal for financial institutions to handle payments to online gambling and casino games [http://www.casinogamearena.com] sites. Some people using overseas payment processors to ensure that online gambling remains an excellent business.

Now analysts say one possibility for European companies should the ban be lifted, would be to form partnerships with American casino operators. That would allow the European companies like PartyGaming to share their online expertise. Operating alone, they might struggle to obtain licenses, given their history of run-ins with U.S. law enforcement, analysts said.

So far, Las Vegas executives have maintained a cautious stance about legalization of online gambling. Steve Wynn, chief executive of Wynn Resorts, said in an e-mail message that he thought it would be “impossible to regulate and even though it would be a benefit to our company, we are strongly opposed,” he said.

Several other online gambling companies whose shares are traded in London, including 888 Holdings and Sportingbet, are still in talks with the U.S. Justice Department. Analysts expect them, along with companies like Bwin International, whose stock is traded in Vienna, to be involved in a round of consolidation in the industry – along with a possible eventual move back into the U.S..

Other countries, like Germany, Greece and the Netherlands, continue to hold out, though, in what the European Commission sees as an effort to protect government-sponsored gambling monopolies from private competition. The commission in March published a report arguing that the U.S. was violating World Trade Organization rules by keeping out European gambling companies, given that online betting on horse racing is allowed in the United States. The commission said that it favored negotiations, rather than legal action, to end the dispute.

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New Zealand’s Online Gambling Market

New Zealand has one of the biggest gambling populations in the world. Despite being a small country with only 4.4 million inhabitants, New Zealand’s residents spend billions of dollars on gambling every year. Playing land-based casino games is particularly popular, but online gambling has increased in popularity over the years.

Currently, New Zealand’s gambling laws prohibit online gambling. Unlike many countries, the laws do not punish players for taking part in internet gambling activities; instead, online casino and online poker operators who provide their services to New Zealand residents are prosecuted for doing so. The advertisement of online casinos and online gambling brands is also prohibited in New Zealand. Fortunately, since the legislation has been passed, no operators have been reprimanded.

There are only two operators that are allowed to offer their services to New Zealand residents: TabCorp and the New Zealand Lottery Commission. TabCorp is one of the biggest land-based gambling operators in the country and has had a monopoly on the internet gaming market for years. The company’s online gambling website has earned billions of dollars over the course of the past five years and shows no signs of slowing down. In 2011, TabCorp’s online services brought in over $700 million in revenue. Following an incredibly successful foray into the online gaming world, the operator now has its eyes on the mobile gambling market.

The New Zealand Lottery Commission has just launched its own online gambling service, allowing customers to purchase their lottery tickets online. Players register to the site as they would at any other online casino, and they can fund their accounts using the credit cards or bank accounts. There is a $150/week or $300/month spending limit at the NZLC’s website, and players can choose lower limits if they wish. The New Zealand Lottery Commission also offers online bingo and keno.

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Baccarat Gambling – Part 2; How to Win Easily

In part 1 of Baccarat Gambling we learned the game and rules, now it’s time to look at how you can win!

In part 2 of Baccarat Gambling we will examine the odds, best bets, and some strategy. The important thing in baccarat gambling, as in any game of chance, is to win and collect money.

Here we show you how, and Baccarat gambling can become very profitable!

Baccarat is played with 6 or 8 decks of cards and chances on a hand dealt from a full shoe of 6 or 8 decks is as follows:

With 6 decks a banker can win 0.46, a player 0.45, and a tie 0.09

With 8 decks a banker can win 0.46, a player 0.44, and a tie 0.09

The casino will take a commission on the winning Banker hand (either 4% or 5%) and payouts on tie bets (8:1 or 9:1). This yeilds the following casino advantages:

With a 6 deck shoe, and a 5% commission the advantage on a banker bet is 1.056%. With a 4% commission it drops to 0.6%. On a player bet is 1.24%. On a tie bet with 9:1 odds its 14.93% and on 8:1 odds its 14.43%. An 8 deck shoe yields the about the same advantage.

Forget card counting, as the casino will shuffle after each play. Also there is not much in the way of strategy, as the game follows so many automatic rules.

Common Sense Strategy

Never bet on the tie. The odds are overwhelmingly in the house’s favor Also, as the bank will win in the end, why not bet the banker’s hand. Even after paying the commission, you still have odds in your favor. So bet with the bank.

Look for games that use the 6 deck shoe, and has a 4% commission. You might find this a bit boring, but it works and you will win.

Play and Loss Management

You know now the best bet, but not how much to bet. This is also important. In Baccarat Gambling, it is crucial.

You must decide to have self-control. A majority of players often wager more than they can afford to lose. Don’t be one of them. Follow the three simple rules below:.

1. Before you start Baccarat Gambling you MUST decide how much you are going to loose. Write it down, stick to it. That is your limit.

2. Budget the money you have and allocate just so much to each round of play

3. Each time you win, allocate a percentage to the opposite pocket. Leave it there. Don’t deviate and that money is out of play. A smart player will put ALL of a winning hand out of play.

For example you have decided $1,000 to wager and to lose. You will bet the game betting the table minimum (let’s say $50). Put your winnings as per rule 3, out of play, After the 20th round you’ll only have played the $1,000, However, the money out of play, your winninng are waiting for you.

This strategy works for Baccarat Gambling, and is the strategy of the winner. If you leave with only small winnings, you are a WINNER.

You must remember that. Forget it, spend you winnings, don’t follow your strategy, and chances are you will leave broken and a loser.

Baccarat Gambling can be profitable and fun, but you must be disciplined and strong.

Winning at baccarat gambling is easy if you follow the above advice – good luck!

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