Offshore Gambling – A Real Review On Offshore Gambling

Offshore gambling is commonly defined as the voluntary risking of a sum of money called a wager, stake, or bet, on the outcome of a game or other event. Gambling is risking something of value on the outcome of an uncertain event. Gambling is central to almost everything we do as human beings. Gambling is legal in 48 of 50 states. Offshore gambling is very much a leisure activity.

Internet gambling, for the compulsive gambler is defined as follows: Any betting or wagering, for self or others, whether for money or not, no matter how slight or insignificant, where the outcome is uncertain or depends upon chance or skill constitutes gambling. Casino gambling involves betting, whether individually or in pools, in games of chance where the odds of winning or losing are artificially created so that those who win do so (at least in part) at the expense of those who lose. Offshore gambling has been branded the new “opium of the people” in a Church of Scotland report presented to the General Assembly. Internet gambling becomes a problem when it causes a negative impact on any area of the individual’s life. Internet casino gambling can include playing the on-line or video lottery games, playing cards, dice, or dominoes, playing slot machines, betting on sporting events (with or without a bookie), betting on the horses or greyhounds, betting on games of skill (bowling, pool, golf, video or arcade games), and many other activities.

Offshore gambling is the new pre-marital sex. Online gambling can be addictive, but only to persons that have an addictive personality. Online casinos are a choice adults make about how to spend their own money. Internet gambling is a more responsible way of gambling than going to a brick and mortar casino where there is no limit on the amount you loose, where you are encouraged to continue gambling. Blackjack gambling online for example, is growing rapidly over the last 2 years and attracts many companies to invest in this ancient game. Gambling systems can be better monitored to avoid problem gambling than traditional forms of land-based gambling. Online casinos have regulations in nations such as the United Kingdom, Ireland, Australia, and Antigua ensure that consumers are treated fairly and the games are completely honest. Online poker fans from the States are already comparing this era of prohibition to that of the 1920s. The level of interest in online gambling remained relatively consistent throughout the year and actually increased in July 2001, at the same time as the introduction of the Interactive Gambling Act.

Online casinos as they do present some difficulties for the new player to get accustomed to, have none of the intricacies as land-based casinos do. Gambling is based on the evil desire to get money or goods, which belong to someone else without giving fair value in exchange. Offshore gambling is big business, bringing in huge amounts of cash and tax revenue, and employing thousands of state citizens. Gambling is essentially an expression of a covetous spirit and in my opinion offshore gambling is so appealing because of the opportunity to get something for nothing. Online casinos are successfully regulated in many parts of the world, so it can obviously be regulated in the United States. If you think of gambling as a form of entertainment, that seems to take a lot of the mystique away, and it may be easier to see that gambling is pretty harmless if one looks at it from an economic point of view.

To be continued…

Things You Need to Know When Betting on a Horse

When it comes to betting on horses there are a wide variety of bets available to suit every taste.

The first thing to understand is that there are two major groups of betting providers-The tote and the bookmakers.

THE TOTE

The tote is a betting system run by the authorities where all bets placed are “banked” in a pool for that bet. For example every bet taken on the “Win” bet for a particular race will accumulate to the win pool. If the bets cost £1 each, and 10,000 bets are laid the pool has £10,000 in its account. From this figure an amount is charged to cover the administration fees of running the tote and any betting tax if applicable, depending where in the world the tote is placed. The net amount then represents the win pool. Let’s assume administration fees and betting tax are 20%, £2,000 of the pool goes to paying expenses leaving £8,000 to be distributed equally amongst the number of winning tickets.

With the tote you don’t know what the odds are. You don’t know with any degree of certainty what you will receive if you win. Most race courses have boards displaying the approximate odds at the time, but if a lot of bets are placed on a particular horse just before the off, the odds can change significantly.

The tote can never lose. It’s not in the business of gambling. It takes a fixed % of every bet laid. There will be a separate pool for each type of bet on each race. If there are no winners the terms and conditions of the tote apply, but the amount will usually be carried forward to the same bet type on the next race, or to the same bet type on a specified race at the next meeting (where for example the carry over relates to the last race of the day).

THE BOOKMAKERS

The bookmakers are a very different kettle of fish. Here you are betting directly against the bookie. You place your bet at the odds offered by the bookie at the time the bet is placed. It does not matter what happens in the betting market thereafter as you have fixed your odds. The bookie tries to balance his books, hedging his bets with other bookies where possible. However he is exposed and if he has a high number of bets laid on the winning horse can find himself incurring a substantial loss.

There are a few more rules you need to be acquainted with.

HORSE COUPLING

Very often there may be more than one horse in a particular race from the same trainer. Where this happens very often the “horses are coupled on the tote”. What this means simplistically is that if you bet one horse to win, you get the other one for free. If the horse you bet does not win but his stable companion does your bet still wins.

You should check your race card carefully to determine if horse couplings apply or not. Couplings don’t only apply to wins. Often they will apply to the “exotic” bets, like the jackpot, pick six, scoop six, place accumulator etc.

Couplings generally do not apply to bets laid with bookies.

SCRATCHED HORSES

Scratched horses are a common occurrence. A “scratched” horse does not mean it has run through the brambles but that it will no longer participate in the race. There are many reasons for this. Horses are nominated for specific races a few weeks in advance of the race taking place. Once the nominations have closed the race cards can be printed. However, much can happen between a horse being accepted for a race and the off of the race on race day. The horse can injure itself become ill, be disqualified from racing for some reason etc. When scratched once again the rules of the tote apply.

Where the horse has a stable companion running in the race you may only get the stable companion-a most unsatisfactory state of affairs. Where there is no stable companion you will normally get the tote favourite. Please note that the tote favourite and the bookies favourite can be different horses.

In the exotic bets often other rules apply. The Pick 6 in South Africa for example gives you the stable companion and the tote favourite. Astute punters often bet the scratched horse (even knowing that the horse is scratched) to get this combination cheap.

With the bookies rules are different. Generally you will get your bet refunded.

Benefits of Online Gambling: Top Reasons to Gamble Online

The online gambling industry is the most profitable industry on the internet. Millions of people around the world are wagering on sports online, playing online poker, bingo and even the lottery online at any of the thousands of gambling sites available on the net. Even people who have never visited a land based casino or a local bookie are finding themselves visiting online casinos and poker rooms on a regular basis.

So, what makes gambling on the internet so appealing? Yes, you can play any game of your choice without having to leave your favorite chair. Still, you will not be served free drinks; you will not be able to watch the game you have wagered on from big TV screens; you can neither see the facial expressions of your poker opponents nor to hear the sounds of the coins fall from the slot machine when you hit the big jackpot…

Here are the benefits of gambling online comparing to traditional gambling:

Diversity: how else can you jump from an online poker room to the craps table and to a bingo hall while staying seated on your most comfortable chair? Most online casinos feature a large variety of casino table games, slots and video poker machines. Moreover, in many major online gambling companies you can switch from online casino gambling to online sports wagering with the same username and account.

Bonuses: where else can you receive free money to gamble with? Most online casinos offer free money bonuses in order to entice new customers and to keep up with the competition. The bonuses can start from 10 dollars free just for downloading the casino software to a couple of thousand dollars for completing a certain required amount of raked hands

Convenience: obliviously, what can be more convenient than playing your favorite casino game in the comfort of your own home while listening to your favorite music and drinking your favorite beer? Not to mention being able to put your dealer on hold each time up you want to take a break

Smoking and Dress Codes: whether you are a smoker or a non smoker, when you are gambling online you are free from obeying the rules. Same goes for dressing, eating and drinking; you can either smoke non stop or remain in a non smoking environment; wear your sloppiest clothes or stay naked; eat, drink, talk on the phone, watch TV, whatever

Atmosphere: when you are gambling online, there are not any cocktail waitresses who will sedate you with free drinks and distract you from beating the dealer. In addition, you can set an atmosphere of your choice that can include clocks or even a source of day light

Beginner Friendly: a land based casino can be an intimidating place for the newbie gambler. The average online casino, on the other hand, is much more beginner friendly than its brick and mortar equivalent. Interactive tutorials, play money modes and the option of avoiding social embarrassment caused by misunderstanding of the rules and codes of behavior is a more pleasant welcome for the novice casino gamer or poker player

Safety: yes, gambling online is usually safer than playing in a land based casino and carrying big amounts of cash money in your pocket. Most online casinos are reliable and respectable businesses that will not risk their reputation and lose their customers base by scamming their players

In addition to the list of benefits mentioned above, online gambling offers equal opportunity for people with disabilities or those who cannot afford traveling out of their state to play in a legal land based casino.

However, reading about the benefits of online gambling makes the huge popularity of online gambling, online poker playing and online sports wagering much easier to understand.

How To Play Poker And Bet Well

When learning how to play poker, fundamentals such as the types of hands have to be initially instilled. Akin to learning alphabets and numbers, there is not much point in proceeding if one is not able to differentiate between a straight and a flush. Along the same lines, body language and facial expressions are a dead give-away. Inability to keep a straight face flushes one right down the toilet. Perhaps not the best of expressions, it should help the novice get his act together and not let out too early on the game.

Betting is an important part of the game as it is all about the money. Although some substitute greenbacks for jelly beans or matches, the effect is not the same. Poker is not the same all over as betting structures are dependent on the flavor being played. The easiest and most popular played is betting with no limit. In such a game, the player is allowed to bet as little or as much as he wants as long as the amounts match the minimum bring-in or maximum of that he brought onto the table. This however excludes the contents of his pockets, briefcase, glove compartment and whatever other places stashing extra cash and valuables. The current bet must also match the previous one. Simple as it may sound, it takes some strategy on how to play poker of this kind and win.

Aside from the no holds barred approach, another structure revolves around the pot limit. Depending on how much the pot currently stands at, the player is allowed to raise his bet up to the size of the pot after matching the previous bet. If a wager made exceeds the pot size, the surplus is returned to the bettor leaving an amount to match the current pot.

Depending on the style in play, a betting structure adopting a fixed limit divides bets into small and big ones, each with a specific value. Pot size may not grow as much and as fast in the early stages of the game.