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online sports betting usa

Playing High Limit Betting

 

Playing High Limit Betting : What does it mean to be a High Roller
 

 

Introduction
 

High Limit Betting is something which can be experienced by the VIP Gamblers. A VIP Gambler can be determined by his high stakes bets and transactions involving huge amounts of money. In real casinos, such players are entitled to additional perks such as access to Private Tables; they are given limousines along with chauffeurs to transport them and they are put up in exclusive suites or penthouses.

Apart from non-gambling related perks VIP guests/players who indulge in Playing High Limit Betting are entitled to some perks in the Casino as well, those include:

 

Better Rules:

 

The players who indulge in High Limit Betting are commonly referred to as “High Rollers”. These high rollers are subject to differential treatment by the casinos. A simple example of this can be seen in the “House Edge” between some of the biggest casinos in the city of Las Vegas, Nevada.
 

The House edge at the MGM Grand is approximately 0.255% for a game of Blackjack, with a minimum bet of 100 US Dollars. While the House edge at a smaller casino such as the Cosmopolitan is approximately 1.830% for the same game of Blackjack, the minimum bet is approximately 10 times lower and is set at 10 US Dollars. Thus, Casinos prefer offering a lower house edge to High Rollers as the sheer size of their bets make up for the lost percentage.
 

Better Comps and Special Packages:

 

The players who indulge in Playing High Limit Betting get better negotiations, such as a lower rate of house edge and apart from that they do get a bunch of perks. A case study here is that of legendary Blackjack player Don Johnson, who made the best of the Great American Recession in the year 2010 and approached big casinos for playing blackjack at 100,000 USD per hand, in return he bargained for a lower house rate and a 20% loss rebate as well. Not only did this enable him to win more money but also helped him to arrive in style at the casino in his private jet, but also win more without risking a lot.

 

Casinos take risks for high limit players:

 

 

 

Most of the High Limit Betting involves extending an incredible credit system for the High Rollers, however, in doing so the casinos are putting themselves at a big risk as the High Rollers may even take a big amount in credit, running into millions of dollars, and then when they end up losing, they may not repay and the casinos may have to file a lawsuit in order to recover the money.
 

The major risk that the casinos take when recovering the money is that the borrower may actually end up declaring bankruptcy in order to avoid paying the debt or they may also claim in court that the casino indeed took advantage of their gambling addiction.

 

However, these are statistically a small number of cases, and casinos often offer a good credit limit to people who are actively involved in High Limit Betting.

Roulette


Online Roulette : History and it’s Modernization

 

 

Introduction
 


Roulette is one of the most popular casino games across the globe. Roulette is a French word which literally translates to little wheel.


In this particular game, the players can bet on a variety of parameters involving the final outcome which is a single number ranging from 0-37 in case of French or European Roulette and 0-38 in the case of American Roulette.


The game involves a wheel and the croupier usually spins the wheel in one direction and then spins the ball in the opposite direction, the ball moves along the circular track around the wheel and after losing momentum it falls on the wheel, into one of the pockets. Since each of the number is placed in a colored pocket, the various parameters on which the players can bet involve:


• A Single Number:


Betting on a single number is the single most risky bet in the game, as the odds of achieving success are extremely low and hence, the casinos offer the most returns for successful bets too.


• The Colors being Red or Black:


Red or black are the two colors in which the numbers are placed in pockets alternatively and thus, one can bet on the color of the pocket in which the roulette ball shall land. The odds being 1/2.


• The Final Number being Odd or Even:
 

Players can even bet of the final number being odd or even, this too has a 50-50 chance like betting on color of the ball.


• Betting on High or Low:


The final outcome can be grouped as high or low, the numbers ranging from 1-18 are low in nature while the numbers above 19 are high.


Again since this classification has two groups and thus the odds are 50-50.


Much like the modernization of all the arcade games around us, casino games have also moved to online portals, thereby reaching a wider audience and encouraging a lot more players to play actively on a regular basis. Some of the advantages of playing Roulette online are given below:


• Convenience :


A player doesn’t need to book a flight or drive down to a casino far away, after putting in a few days of leave at the office, instead he/she can now play on their mobile phones at any given place, any given hour, without any restrictions.


• Freebies and Bonuses :


If you are a regular player the brick and mortar casino may offer you some amazing credit however, if you are not the high roller, they have higher percentages of house edges for you and online roulette portals can give you sign-up bonuses, free games and a chance to invest minimum and get maximum returns.


• Crowds :


Most of the brick and mortar casinos have to gather players around the table on weekdays and wait for them to place their bets before the croupier spins the wheel, however, the trend is quite different on weekends, when you have to wait endlessly to get a spot on the table and then to place a bet at their pace.


To avoid the disparities and most of the common issues faced by players in brick and mortar casinos, online roulette is a great opportunity for enthusiasts.

 

Blackjack


Online Blackjack : History and it’s modernization
 
Introduction:

 

 

 

Blackjack is one of the most popular betting games across the globe. Commonly known as twenty-one as well, the game is played between 2 to 7 seven players and usually involves the players not playing against one another but the players play against the dealer to win.
 

The game involves using 1 to 8 decks of cards depending upon the number of players, in other words, the number of cards in the deck vary from 52 to 416. Each of the cards represent their own value and the face cards represent the value 10. An ace is the most important card in the game, with it being worth 1 or 11, depending upon the player.
 

BlackJack is the most widely played casino game in the world and it’s popularity is unprecedented. The game usually involves two cards being dealt to each player. The player can then draw additional cards if he or she wants to score 21, there are 3 ways in which the player can then beat the dealer who traditionally has two cards as well, one face down and one exposed.
 

The player can win if:
 

• He hits a blackjack with the two cards that were dealt, this is a natural blackjack. If the dealer fails to hit a Blackjack, the player has the highest success rate with this.
 

• If the player reaches a higher score than the dealer, without exceeding the value of 21.
 

• If the player makes the dealer draw additional cards until their hand exceeds the value of 21.
 

The thrill of the game is immense and is relatively simpler in comparison to other card games, therefore it has a huge number of players, who want to not only play it at casinos, but on the go as well, hence, over the last few years a number of online blackjack portals have opened up, which may not scintillate you as much as the real thing however, they do a fair job of entertaining you.
 

Online Blackjack has various advantages as well:
 

• Cost Effective
 

The entire experience of playing Blackjack online is cost effective, as all one needs is a good smartphone with a good internet connection and then he/she is ready to play after betting some money via their credit/debit cards. Instead of having to visit a traditional casino, after taking a vacation, perhaps a long drive and stay expenses are incurred too.
 

• Bonuses
 

The online tables for blackjack offer the player a bonus for signing up, a loyalty bonus and even let you make bets at table for 20% lesser than a brick and mortar casino.
 

• Convenience and Anonymity
 

A Player while playing blackjack online just needs to ensure the legitimacy of the website and then he can begin playing in the comfort of his home without the need to reveal their real name or face to the world.
 

Besides the above advantages Online Blackjack also allows players to move from one table to another freely and they do not need to worry about playing too quickly, as the dealer doesn’t pressurise you to play quick.
 

Online Blackjack is only what a true player can dream of in every aspect.

 

Online Casinos and Comp Points


Introduction:

 

 

Online Casinos have revolutionized the gaming world and casinos ever since their popularization over the last decade.


Avid players who would have to apply for leave from their daily jobs in order to travel miles and reach their favorite casino after spending money on flight tickets and hotel suites can now play within the comforts of their home/workspace and all they require is a stable Internet connection and a mobile phone or a laptop for a desired mobile betting. Players can play at any hour of the day, in any sort of clothing and most importantly they can play anonymously. 


Casino gaming is generally perceived to be for those who wield their luck like a sword and have the ability to end up on the winning side, however, this is extremely untrue and this involves a lot of skill as well.

 

 

 

The most played casino games such a Texas Hold ‘em Poker and Blackjack; both involve a good amount of skill and the ability to do quick mental math. Casino gaming is much like any other sport and equires one to practice in order to increase the odds of success..

 
Most of the online casinos frequently hand out bonuses, upon signing up or upon winning a certain amount of money or on infusing a certain amount of money for a buy-in. Many a times, the casinos also provide gambling insurance, to minimize the losses of regular players and for certain high rollers, casinos also provide amenities for a comfortable living while with them.

In case of the brick and mortar casinos, they offer comp points which can mostly be redeemed against their in-house services such as the spas or a limousine ride to and from the airport, they do also allow comp points to be exchanged for room upgrades.

 

However, when it comes to online casinos, these facilities cannot be offered directly for comp points, here a player must understand the very definition of comp points and online portals too must think from the perspective of the player as: Comp points are an effective form of consolation tokens.
 

These are usually a fixed amount of points which are pre-announced for every game on the portal. The comp points and bonuses are awarded to each and every individual no matter how much he wins or loses. The comp points enable the casinos, online or offline ones to ensure that the players do keep returning to the casinos and don’t feel top ejected when they lose.
 

The ratio of the comp points vary from casino to casino, but these are usually a 10-100 times their face value in actual currency, i.e. for every 100 points a casino may offer anything between 1 to 10 Dollars in the United States.
 

Conclusion:

 

 

Hence, each and every player has the liberty to research before zeroing in on one online casino portal which is not only legitimate but also provides them benefits and a lot of returns on their investments via comp points.

bellagio hotel and casino las vegas

Las Vegas New Gambling Center


Have you visited the Las Vegas New Gambling Center? Las Vegas has long been the number on gambling Mecca in the US and it is fighting hard to keep that title.

 

 

The city took a big hit during the past recession due to the amount of unemployed Americans who had to cut back on their gambling sessions. People did not have the chance to wager because they were too involved in paying their bills on their limited incomes. This lasted much longer than anticipated for a lot of Americans and it put gambling companies on the defense.

 

 

Suddenly they were unable to make the same returns that they once did as a result. Though they started to build promotions and specials, it was difficult to spur in new business due to the state of the economy. The city now is in the process of increasing its promotions once again and projections are that it will see some added activity.

 

 

People are finally returning to their old gambling habits, new research is showing. This is great news for gaming companies that are trying their best to turn things around. Without a readily growing and loyal customer base, they cannot continue to grow and develop.

 

With the competition out there, this is exactly what they have to continue to do. The biggest problem for gaming companies is that they lack the funds to keep on developing their gaming but have to do just that to grow. This is proving to be a difficult time for places like Las Vegas that once was riding high.

 

Now, operators there are trying to push the boundaries of what they offer to the average gambler and make it that much more enticing to them.

 

Las Vegas is in the midst of development now- out of complete necessity. The city’s gaming officials were right on the spot when they approved the new project that should bring in millions of dollars if it works the right way.

 

 

The city is proud of The Bellagio Lounge "Sports Bar Lounge" and it boasts 10,000 square feet of gaming space for players to enjoy. You "Bet On It" they have a exquisit Baccarat Bar, Lilly Bar and Lounge among other fantastic amenities.

 

They are going to be able to play a wide variety of different games and you can expect that there are going to be plenty of promotions to make the gaming there much sweeter.
race track betting

Racetracks Struggling to Survive – Part 2


Article started from previous post Racetracks Struggling to Survive – Part 1
 

Another solution that racetrack owners are contemplating is to bring slots onto their gaming floors. Slots offer a lot of power to any business they are involved in.
 

Just look at how well they do for casinos. Slots are by far the number one money- generating games in casinos. They bring in consistent dollars all day long.
 

This kind of power is something that racetracks would love to harness. The hybrid gambling location that combines slots and racing is called the "racino." The fact is that if racetracks could get slots added to their businesses, they could relatively easily raise the cash needed to turn themselves around.
 

This is something that most racetracks are thinking about. This is coming up against some opposition though. The bottom line is that other casinos are not happy about their own businesses being threatened by another location having access to slots. It would seriously thin out the market if they were allowed to bring slots to every racetrack around the different states.
 

Sure it would increase tax revenue dollars that the states bring in, but it also would cut back on individual casinos' revenue streams. This is something that legislators are thinking hard on. Should they allow racetracks to thin out the market that much?
 

Finally, another solution would be for racetracks to get money from other gambling centers. Some racetrack owners are suggesting that casinos divert part of their own revenue and contribute it to a fund they could then draw from. This is probably the most unlikely option because other gambling centers do now want to save racetracks with their own funding. They aren't excited about saving another market. It isn't a priority when they themselves are first coming out of their own harrowing financial times.
 

Overall though, racetrack owners have to continue to develop. Of course their number one priority is to generate more cash, and there are few ways of doing it. Some are more likely than others but it will take time to see which ones work and which ones don't.
 

Something has to be done though for racing to continue to grow and not get shut out of the market entirely.

race track betting

Racetracks Struggling to Survive – Part 1

If you want to bet at a racetrack, you may have some problems right now. The racing market is one that is struggling greatly. Racing used to be big-dollar business. All you had to do was visit a racetrack and you could feel the excitement. Horses ran and people put big wagers for the purpose of winning the huge purses.
 

This was something that millions of people did to win. They loved the fun of the races and the fun of building their odds with various wagers. Once back in the early 2008 he recession happened though, it changed everything. Not only was gambling threatened by people's lack of funds, but so was racing.
 

The difference though is that racing is not recovering as easily. Gambling is seeing better days right now. As people work their ways out of the aftermath of the recession, they are once again returning to the casinos. They are slowly moving into the market due to recovery. The racetracks aren't fairing as well though.
 

It seems that racing is not returning to normal and racetrack owners are concerned. They are looking for ways to turn themselves around, but it isn't an easy solution.
 

One of the things that racetrack owners are considering is requesting state aid. One of the biggest headlines the market had a few years ago was the bailouts that banks received.
 

Because banks were lending at outrageous rates, when the credit bubble hit they were the first to fall. They suddenly didn't have the collateral to make it through their lending. This is where the federal government came in and gave stimulus help to them. The money was to saturate their own coffers and help them manage.
 

Racetracks are looking for the same kind of help now. They are requesting some funding from the state so as not to shut down. This is on the table, but likely not going to happen.
 

The reality is that few voters are going to support fueling money into the racetracks when so many other elements of the market are hampered. They are going to want prioritization in other areas. Racetracks are just not perceived as important enough to offer a stimulus to.
 

Part two coming next.

Online Casino Gambling

A quickly growing pastime is online casino gambling. Just a few short years ago, most gamblers had to travel to a casino to play their favorite games. Just like every industry, casino gambling was affected by the growing popularity of the internet.
 

Developers started testing markets and bringing simple games to their visitors. As its popularity grew, they started putting some heavy programming time into gaming and were met with an excited audience who embraced online casino gaming. 
 

The biggest advantage to online casino gambling is its portability. As long as you have an internet connection, computer and a credit card, you can play from the privacy and comfort of your home. No lines. No loud people to deal with. No hassle. Just sign in and play the game of your choice. 
 

Another advantage of online casino gambling is the possibility of a good payout. Because there are so many people moving into the online gaming industry, websites have the big budgets needed to offer large winnings. There naturally is a membership fee for most websites and a good casino knows that a large portion of that needs to be reachable by their players. By creating large payouts they not only attract the most customers, they are also solidifying their reputation as one of the top casinos available online. 
 

Finally, a great advantage to online casino gambling is its ease in use. The first online websites were difficult to maneuver and had only very basic games. Now, you can find almost every game available on a real casino floor, on a gambling website. Plus a lot of websites let you visit in “watch” status, where you’re not playing, but just observing others play while deciding if you want to join the website.
 

This is a great way to get a feel for the online casino. Normally there is a way to communicate with other players also, so you can instant message them and ask any questions you have on the website or the game. 
 

Online casino gambling is here to stay. Developers and programmers have come together to duplicate the casino experience in online gaming. Because of the competitive nature of the online gaming industry, new developments are happening every day.
 

Check into an online casino gambling website and see the strides that have been made. You’re sure to be a fan once you see what they truly have to offer.
 

Caribbean Poker

Caribbean poker is becoming more and more popular. Online casinos are pushing the game to a new level of enjoyment being played by a wider variety of players. It’s an exciting and fast-paced game and the rules are easy to learn.
 

Let’s take a look at the best practices in Caribbean poker. Out of the standard 52-card deck, you get 5 cards. Caribbean poker is played against the house, or the dealer, rather than regular poker that’s played against other players at the table.
 

It’s a good way for people who are bad at “reading” other players, to still gamble and have a good chance of making money. The first move is your initial bet, or ante, in casino-lingo. Then the dealer will give you 5 cards face down and the dealer’s card will be face up. You decide to play or fold based on the dealer’s single face card, and the hand you have. If you fold, you lose your initial bet. If you play, you’ll have to double your initial bet.
 

You pretty much want to make sure if you’re staying in, that you have something of value in your hand. A pair, 3-of-a-kind, straight, etc. are all what you need to have a chance at winning.
 

Although the rules can vary from casino to casino, you can easily find out any variations at the beginning of the game. In particular, online casinos will be very specific as to what type of Caribbean poker they are playing and what the rules are.
 

No one is left out and online, you can always refer back to the “help” section of your screen for a reminder of what to expect within the game. 
 

In Caribbean poker there also is something called a progressive jackpot. If you want to play the progressive jackpot, you have to make a side bet of $1 when the game begins. If your cards amount to a flush or better, you win the amount announced at payout.
 

The norm is to win 100% of the payout for a royal flush, 10% for a straight flush and a specified amount for 4-of-a-kind, a full house or a
flush. This is one of the rules that varies from casino to casino, so be sure to ask what their progressive jackpot means before playing.
Caribbean poker is popular in online and brick-and-mortar casinos for a reason.
 

It’s an exciting game with great payout possibilities. Do your research and understand what the specific rules of that casino are, but have fun. Caribbean poker is sure to entertain you.

sports betting online US

NY Still Pushing for Online Gambling Law

New York officials are still pushing hard to be the first state in the northeastern part of the US to legalize online gambling law and for good reason. The online gambling market is worth multi- millions of dollars right now and projected to continue with growth in coming years.
 

This is why legislators see it as such a coveted market that they want to get into. Atlantic City recently took a huge decline in revenue thanks to the recession and now it is still suffering. Although it was once flourishing, the gambling center never returned to its old glory days even after the recession was deemed over by economists. Other markets have revived, but Atlantic City has not.
 

This is a growing concern for the area because they are coming up with stiff competition from other areas. Not only are neighboring states pining for the title of highest gambling-money generator, but so is the internet gaming market. Internet gambling is giving many land- based areas a run for their money because they are finding it difficult to compete.
 

What better way to wager than to go online at your own convenience and still have a chance to win just as much as you would in bigger gaming center? With land- based gaming there is travel time and the inconvenience that comes with that—cost of gas, finding parking, airline tickets, babysitters, etc. Online gambling and Online Casino Offers in general completely circumvents these issues and still lets the gamer play for millions of dollars worth of prizes.
 

New York officials are ready to move in on the lagging Atlantic City market. There was a time when Atlantic City brought in millions of dollars every month but that took a huge hit after the recession. Though operators have done what they can, nothing seems to be turning the market around or bringing people in again.
 

This is why neighboring states are seeing their own revenue potential. They are trying to quickly building the gambling laws needed to come up with revenue to change their own markets. They want to make sure that they have the chance to work with the huge-dollar market and see if they can take the title of best gambling center in that part of the country.
 

They are pushing hard and likely, if Atlantic City gaming companies don’t see true change, one of the neighboring states is going to move in on the market and see own growth in success.