Online Gambling World As Players See It

It is significant to learn where online gambling is in today’s highly commercialized world. This is not an easy discussion and will require us to expend time and effort if we were to seek enlightenment on this matter. But this knowledge is relevant for beginners, players, and casinos themselves. For instance, such information can give you a perception of gambling, not only in the country but in the entire world. Statistics can give you information regarding the kind of gamblers casinos have and the overall gambling behavior of the populace. If you are an interested online gambler, you should keep yourself updated to the latest news.

Looking at the General Picture of the Online Gambling Realm

At the present, gamblers around the world are flustered at the approval of the Unlawful Internet Gambling Enforcement Act (UIGEA), which prohibits Americans from gambling games online and which seems the most pressing issue concerning the gambling public. Nonetheless, the bill targets only the American citizens and the US gambling and casino market. But the implications of this law spread globally. One of the notable effects is the higher stringency in money transferring procedure and banking options in gambling sites. This started in 2007 though in a vague, confusing manner. The outcome is the closure of online gambling sites as a result of reduction of stocks brought about by diminishing market as the US bans its people to join online gambling. Gambling sites outside United States also forbids registration of US players. Indeed, the effects of UIGEA travelled beyond the bounds of America, affecting worldwide gambling industry, impairing more casino sites than it ought to be.

Gambling on the Internet

So, you may want to check out how gambling is prospering in other nations which have continued the tradition of gambling. American gamblers are not entirely banned from joining the gambling sites and that should be clear. Some states still allow people to gamble despite the presence of UIGEA, which is not fully implemented across the nation. More countries around the globe are promoting casinos to compensate the dire slump in the US casino market. These countries include Barbuda and Antigua in the Caribbean area, where online gambling has been long successful and flourishing. The Caribbean has some of the best licensed online casinos whose boom has been due to low taxes and speedy transactions. Of course, apart from this Caribbean country, there are more countries that allow online gambling and online casinos to operate, such as France, Australia, South Korea, and Germany. These countries have long seen the economic advantage of supporting this kind of market.

Future of Gambling

The stability of both land based and online casinos is a subject of continuing debate. There is much discussion regarding the real economic benefits of promoting casinos and letting them thrive in the commercial scene. There is also an argument regarding the pros and cons of having them around and whether the benefits outweigh the disadvantages or is it the other way around. Nonetheless, experts believe that online gambling and roulette are sure to be around for a while and that this industry remains prosperous no matter what.

Is Online Bingo Fair?

I received e-mails from two different people this weekend who basically asked me if online bingo was fair or if the sites were run by scammers. One of the people mentioned that he’d done a little research on the matter and saw mixed opinions. So, this seems like an appropriate topic to address today.

Online bingo is fair if you play at a safe site. The online gambling industry is largely unregulated so pretty much anyone with a little money in the bank can set up shop. On the internet, reputation is everything. Until we get a worldwide governing body for gambling, we’ll have to rely on reputation to determine which sites are worth joining.

The key to getting a fair game of bingo is to stick with the big-name sites that you can research before you join. New bingo sites pop up all the time and it’s hard to get an idea of what those sites are all about. I’m sure most new bingo sites are legit, but there’s no easy way to tell for sure. For that reason, I prefer to stick with big name sites.

These are all bingo sites that have been around for a number of years. Based on my own experiences and talks with other players, these bingo sites know how to treat customers. They all offer high quality games but most importantly, they pay their winners.
Making Money

I should warn you that you shouldn’t go to online bingo with dreams of getting rich. The vast majority of bingo games on the internet run for fairly small stakes. Average wins are less than a hundred dollars. Bingo sites do host the occasional promotion with a massive prize pool, but most games are much smaller.

Bingo is more of a social game than a pure gambling game. Yes, there’s an element of gambling in the fact that you buy cards and try to win money, but that’s almost an afterthought. Visit any longstanding bingo site and you’ll notice that many of the players seem to know each other.

Online bingo is an experience. If you don’t have any plans for your evening, it’s nice to log in, play a few games and chat with people from all around the world. Bingo is a more lighthearted game than most other gambling games.

If your goal is to make money, there are other games for that. Sports betting, poker and blackjack all come to mind from that angle. And if you want to go for the really big wins, there are plenty of progressive jackpot slot machines that offer payouts in the range of a million dollars.

So to sum things up, online bingo is fair as long as you play at legitimate sites. It’s not the best way to get rich, but it’s fun and fair. I can think of much worse things to do on a slow evening.

6 Poker Gadgets That Aren’t Lame

I usually agree with the writer Orison Marden: “He only is rich who can enjoy without owning.” I own a decent car, sure, but I’ve maintained it and kept it running for over a decade. I don’t have a massive house, I don’t wear any jewelry besides my wedding ring, and I try to live life simply.

Except when it comes to poker.

I’m a total sucker for poker gadgets. Over the years, I’ve bought enough eBooks, trainers, and fancy equipment for my poker room to operate a resale shop. Everyone has a vice, right? I own everything from Vat19’s giant playing cards to the ridiculous Belkin n52te mouse that poker pros seem to swear by. I’ll try anything twice, just in case the first time was a fluke.

My collection of poker gadgets that I used twice and got rid of could fill a small warehouse, but the list of gadgets that I continue to use and find useful? It’s really short. I feel uniquely qualified to offer up a list of six poker gadgets that don’t suck. The six devices below are items that I actually recommend to poker players – not just things that I think are neat.

Bestway’s Inflatable Poker Table

Once upon a time you had to track Betway down online and place an email order if you wanted this item. It cost $50 and I was lucky to get one when I did. Then I started seeing them on Amazon, at a slightly lower price. These days, you can buy Bestway’s inflatable Texas Hold’em poker “table and chair set” at Wal-Mart. For less than $30 you can take your weekly game out to the pool and get some Vitamin D for once. I swear by this thing during the summer, and it’s a great conversation piece.

Rush Creek’s Octagon Poker Table

If you value the ambience of your private poker game, it’s time to man up and invest in a legitimate poker table. The days of folding tables and plastic lawn chairs are over. Poker players have style and they demand a certain level of quality. Impress your friends and own this piece of furniture that you don’t have to hide when the boys aren’t over. Sure, it has a frontier look, but I don’t think it’d be out of place in a game room or man cave.

KEM Plastic Playing Cards

I got on the KEM train early. It’s rare that poker players come to anything like a consensus, but in the case of KEM’s cellulose acetate playing cards, everyone agrees. They’re the best. They’re beautiful, durable, and available in two sizes and a wide range of designs. Point your browser to KEM’s website to order the cards and browse their list of accessories, like chip sets, score pads, and card trays. I’ve tried switching to Copag PVC cards, mainly because they’re 1/3 the price and still a respected manufacturer, but I just hate the way the PVC feels in my hands. Go with the original and still champion playing card manufacturer – KEM.

Logitech’s G19 Programmable Gaming Keyboard

If my wife thought a $70 mouse was obscene, imagine how she’d respond if she knew how much I really spent on Logitech’s G19 keyboard. I told her I won it in a giveaway – but in reality it set me back $200. It’s worth every penny. From the customizable LED backlight (which has cut back on my mis-clicks) to the built-in LCD screen I use to display stats and YouTube videos while I play, I can’t imagine playing online poker without it.

An Aeron Office Chair

Herman Miller makes the famous Aeron chair, and though it was in no way designed specifically for use by poker players, I think it is a must-won for anyone expected to spend serious time in front of their laptop playing poker. The Aeron is beautiful, functional, and eliminates overheating and strain through the use of ergonomic design and modern materials and production. If I sound like a fanboy, it’s because I am. I cured years of muscle strain and sciatica by replacing my cheap office chair with an Aeron. I’ve probably saved thousands of dollars in chiropractor bills just by buying my Aeron, which set me back almost $800 but was totally worth it.

A Year of Poker Training at Ivey League

Not exactly a gadget, but still expensive enough to make this list. A year’s paid subscription to Ivey League will set you back between $70 and $500, but the access this membership gives you to training from real poker pros is (not to sound like a broken record) totally worth it. I recommend this service to poker players at all ability levels. If you can afford it, the Masters access (at $75 a month) gives you access to the most content and the most one-on-one contact with the site’s pros. Don’t take my word for it – check out PokerFuse’s review from last year.
Conclusion

Don’t get me wrong on this point – I don’t think gadgets are crucial to success in poker, online or otherwise. I know amazing players that own a twelve year-old laptop and absolutely no gadgets. I also know guys that buy everything on the market and never win a hand.

But I DO think that most players will enjoy themselves more if they incorporated gadgets into their poker game. My online poker play is a form of entertainment – I don’t make nearly enough money from poker to call it a job. If I think of entertainment as currency, anything that makes me have more fun increases my expected value.

The gadgets above have all been tested extensively by myself and my poker buddies. This isn’t by any means an exhaustive list. But it is a list of amazing poker-related gadgets and merchandise that can enhance the entertainment value of your poker play. And that’s worth a few Amazon purchases, don’t you think?

BitCoin Poker – Is It Really a Thing?

It’s strange for an old-school guy like me to think that a virtual currency is being used to play poker.

I’m used to using what I’d consider traditional payment methods to fund my own action – cash, credit cards, and eWallets. A few months ago, I couldn’t have told you what BitCoin is if you’d sat down and patiently explained it to me for an hour first.

BitCoin poker is, really, a thing. A few poker rooms and other gambling sites are now accepting BitCoin as a payment method.

So what is it? And how is it being used to fund online poker accounts?
What Is BitCoin?

Bitcoin is a virtual currency invented in the year 2008 by a person going by the pseudonym “Satoshi Nakamoto.” The first mention of the currency was in a document sent to a cryptography mailing list made up of just a few people. Not much is known about the person (or people) behind the pseudonym, and they left the project altogether in 2010.

It’s interesting that the project was first mentioned among a small group of cryptographers – BitCoin was invented to exist without the need for a financial middle man. Taking banks and fragile world governments out of the equation produces a more stable and equitable currency, and it means that BTC (the currency’s acronym) are immune from seizure or asset freezing. Or so the theory goes.

So what is a BitCoin? You can’t hold one in your hand, in the traditional sense. It exists in the same way that an email exists – stored in a digital cloud. One important thing to note, for those of us used to fiat money, there is no FDIC or other insurance for your BTC.
Why Use BitCoin?

Here are some popular reasons suggested by blogs and message board posts:

BTC is crypto-currency, which means using it is completely private and anonymous.
Yes, transactions are recorded in a public log, for accountability purposes, but names of people involved in transactions are kept secret, hidden behind a generic wallet ID. There’s a dark side to this – goods can be bought or sold online and authorities can’t easily trace the people involved. That means lots of people are participating in illicit activity (see the story of The Silk Road for a perfect example) using this currency.

BTC allows you total control of your money.
Its value can’t be manipulated by any outside entity. Essentially, using BTC turns you into your own bank. The currency’s lack of physical production costs and non-existent need for storage makes it even easier to handle at the end-user level.

Big companies are bringing it into the mainstream.
BTC wasn’t well known until 2011, when the mainstream press got word of its early and rabid adoption by the Technorati. Now, thousands of businesses all over the world accept it as a mainstream payment method, including some surprisingly big names. You can buy your next Dell laptop with BTC, or shop for a cheaper alternative at Overstock.com. Cities saturated with tech geeks now have ATMs where you can exchange cash for BTC, and the other way around.
How Does BitCoin Poker Work?

The reason BitCoin struck me as so strange initially was simple – I am used to traditional (known as “fiat”) currency. So is everyone reading this – it’s what we’re used to, so any alternative feels a little strange.

The first thing a poker player who wants to use BTC needs to do is exchange their native currency for their new virtual currency.

The popular method of purchasing BitCoin is to deal with an exchange or brokerage. Exchanges are places where buyers and sellers are matched based on their bid criteria, while brokerages hoard large collections of BTC that they sell on-demand at a variable rate.

Exchanges and brokerages are pretty much identical for the end-user. It literally takes a minute or two to complete the transaction.

The BTC are then transferred to you through your unique Bitcoin wallet ID. Think of it as a hyper-focused email address for virtual currency. What’s neat about that is you can send money to anyone in the world using BTC, the same way you can send an email across the globe in a second.

Your wallet ID (BTC address) will be a randomized string of letters and numbers, anywhere from 27–34 characters long. That wallet ID is also the place buyers will send cash – which makes the whole email address analogy easier to understand. BitCoins can be sent or received from anywhere, or even sold among friends or in person.

Now that you’ve got your currency in your virtual wallet, it’s time to transfer it to the poker room of your choice. After confirming that the room you want to play at accepts BitCoin, simply send the appropriate amount to their wallet ID. It takes anywhere from a few minutes to a few hours for the BTC to appear in the receiving account.

As an added bonus for poker players, transferring with BTC is totally free, thanks to the virtual nature of the currency. It costs nothing to send and receive virtual money, so you shouldn’t expect any additional transfer fees from your poker room’s cashier department.

How to Find Profitable Video Poker Opportunities

Everyone has their favorite casino games and everyone wants a chance to win some money while playing these games. Some people are more interested in playing as long as possible than having the best chance to win on any given trip.

Video poker offers some of the best chances to extend your bankroll at the same time as having a chance to land a big win. The secret is finding a machine that offers a high percentage return to the player and learning to play using the best possible strategy.

Every game requires a different strategy, but there is a correct way to play every hand of video poker. Even in a situation that loses in the long run, there is a way to play that loses the least amount of money.
Jacks or Better and Deuces Wild

In addition to learning the best strategy you have to be able to find machines that offer the best payouts. I know I mentioned this already, but if you can’t find a machine it doesn’t matter how good it pays or how well you know the strategy.

For example, there are a few video poker machines that pay back over 100% with perfect strategy but they are almost impossible to find. This post concentrates on a couple popular video poker variations that are fairly easy to find, Jacks or Better and Deuces Wild.

You can find many different pay tables with some offering better payback percentages than others. Here are the pay tables that you need to find to have the best chance to win while playing video poker. (There are a few better pay tables available for Deuces Wild, but this is by far the most common “good” pay table you will find.)

The best Jacks or Better pay table is often called a 9 / 6 which stands for the pay back for a full house and a flush. The return is over 99.5% with perfect strategy on a 9 / 6 machine. Here is the complete pay table.

800 Royal Flush
50 Straight Flush
25 Four of a Kind
9 Full House
6 Flush
4 Straight
3 Three of a Kind
2 Two Pair
Pair of Jacks or Better

The most common favorable Deuces Wild pay table is called a “not so ugly ducks” machine. You may see this referred to as NSUD. The pay back percentage with perfect strategy is over 99.7%. Here is the complete NSUD pay table.

800 Natural Royal Flush
200 Four Deuces
25 Wild Royal Flush
16 Five of a Kind
10 Straight Flush
4 Four of a Kind
4 Full House
3 Flush
2 Straight
Three of a Kind

The next step after finding the best machines is using the best strategy. I suggest picking up one of the strategy cards that are about the size of a credit card and using it while playing. This way you can always see the best play.
Comps and Player’s Clubs

When you play the machines listed above giving the house less than a half percent edge you can play longer and keep playing long enough to give yourself the best chance at winning a top payout by hitting a natural royal flush.

You also should always combine your video poker play with as many comps as possible. Most casinos have a player’s club that you can join that rewards you for your play. You may earn cash back, free hotel stays, free meals or many other types of benefits.

Even if your rewards don’t include any actual cash, they are still worth something. If you get a free meal that would have cost you $20, it’s the same as winning an extra $20 because it is money you didn’t have to spend.

Most casinos don’t pay back enough through their player’s clubs to let you consistently play with an advantage against them, but you may be able to play a break even game in the long run.

The majority of players don’t play correct strategy so the casinos take their money quicker. Sometimes player’s club benefits are determined based on everyone’s play so if you play perfect strategy you may be able to gain a small edge with your benefits.

Either way, if you always play using the best strategy and take advantage of the player’s club benefits you are doing everything you can to reduce the advantage the house has.
Video Poker Tournaments

Another area that can offer extended playing time on a set bankroll and / or a chance to play with a small edge over the house is playing in video poker tournaments.

A video poker tournament is a contest where the players play video poker for a set period of time. The players with the highest balance at the end of the pre-set time either moves to the next round of play or wins the prizes.

You may be able to find free video poker tournaments, but most of them have an entry fee.

You may be wondering how you could play with an advantage over the house in a video poker tournament. Here is an example.

Many tournaments have a minimum guaranteed prize pool and sometimes there aren’t enough entrants to cover the entire amount. This is called an overlay. If the guaranteed prizes total $1,000 and there is only $900 in entry fees, there is a $100 overlay. This creates a profitable situation for the entrants. On average, each entrant will win a percentage of the overlay based on how many entrants there are. In real life only the players who finish in the money enjoy the overlay, but if you put yourself in enough situations with an overlay you will come out ahead in the long run (Assuming you play at an average or above average level. This isn’t difficult if you use basic strategy.).

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