Showing posts with label online gambling. Show all posts
Showing posts with label online gambling. Show all posts

Wednesday, March 24, 2010

Should there be an online poker income tax?

Almost every source of income of every individual faces the word TAX. According to Merriam-Webster Online Dictionary, tax is a charge usually of money imposed by authority on persons or property for public purposes.

The popularity of online poker has undeniably risen from where it took off. More people playing, betting, and winning. Some play poker for fun, while others treat poker as an alternative source of income aside from their usual 9-5 job.

Since people are earning from online poker, is it just right to impose tax on it too?

Other countries, like Canada, have imposed taxes on online poker. Maybe because they could see that it brings in more income to people, meaning for revenue or money for public use - and it's a good thing if it really would go for public use.

Other countries who ban online poker, or that it hasn't been legalized yet may not have seen this little advantage of the game. It could help one way or another. But that's speaking about the advantages of placing income on online poker on the side of the authorities or government.

The big question would be: would the people playing online poker like the thought of it? Maybe yes, if they do think about the welfare of most people and if they do think that it could help the community, state, or country in a way. But others may not like it. It's their alternative way of living, they earn extra money in playing the game to somehow help them earn extra money to get pass the day. With crisis looming over the corner, people would want to earn extra and earn big.

Would the people go for it? Would the people like the thought of it? Would the people love the effects of it? The things is... it's money matters, and it's complicated.

Wednesday, March 17, 2010

Iowa’s Online Poker situation a sudden turn

Long before, when legislators were eyeing to legalize online poker in United States, Iowa had the closest and most possible chance of having online poker not only legalized but also expanded in their state, they could have been the first state to have that “precious” legalization.

But what seemed to be a sure shot suddenly turned a little twist in the story. After two weeks of deliberation, the dreamy legalization of online poker in the state was erased and totally out of the picture. Iowan legislators cannot decide on what to do and how to do it. Plans on legalizing and expanding online poker in the state have been abandoned. This decision has been the result of long debates and arguments thrown by both sides of the case. Clearly, the opposition won.

While other states still have a pending case to solve regarding legalization of online poker as well, this case would most likely happen. The longer the debates, the more time would the opposition have to persuade the ones who agree to go to their side. The end part would be, if indeed they would be persuaded or if they’re will is strong enough to really pursue the legalization of online poker.

Thursday, February 25, 2010

Online gambling arrests in China rampant

Looks like the Chinese government are taking serious measures regarding online gambling.

Around 210 are confirmed to have committed online gambling crimes while 918 others are in custody. These numbers grew rapidly in just a span of 13 days. The efforts of the Chinese government in enforcing strict measures on online gambling have been all out in full force. They have issued a warning on cracking down illegal online gambling within the country including anyone who is operating, advertising, or any ties with an online gambling site.

This kind of enforcement, not meaning to judge how China does it, may bring a negative impact to the face of online gambling to the world. People from other countries have been trying their best to legalize online gambling only to see such scenario from other part of the world. It might not happen to where they are but it can be an inspiration to those who oppose the legalization of online gambling.

Wednesday, February 17, 2010

Are your credit cards still safe?

There were a couple of posts on the web regarding the use of credit cards and other debit cards when making a deposit in online poker rooms. Most of them are warnings on when, where, how to use these cards in utmost safety that they wouldn’t fall in the hands of fraud… or even in the hands of the law.

Gambling online is an enough risk. You are already risking the money that your are betting whether you would gain something from it or you would lost it entirely. The risk of disclosing important personal information to a website that you don’t know who’s running is also a huge risk. You don’t know if confidential information are safe enough that it would not be used for scams and other fraudulent activities that some crooks could think of.

The danger of the use of credit cards is no news and is really one of the main concerns of online gaming and online gambling. These cards can easily be used and manipulated once it get in the wrong hands. Even though the information you give would be something that people could not do anything to go over your account, but people who are wise enough to know how to connect the dots would easily penetrate into that teeny-weeny security that lies between you and the bank.

Basically, your credit cards are safe if they are in the safe hands and if the confidential information is indeed kept confidential, then there is nothing or just less to worry about.

Thursday, February 11, 2010

Online gambling on the line

What seemed to be a long protest to legalize online gambling still remains but a dream to many poker fans. They have had a share of momentum when more and more people, even officials, who stood by their side and helped them push the legalization of online gambling. Although lately, that has not beent he picture. The Feds are on the run.

Just recently, a man has been caught and pleaded guilty in front of the jury for hosting online gambling in US states to a company in Costa Rica. This probe also brought famous online gambling company, Doyle's Room, in danger. The government's federal probe against illegal online gambling have been heading strong and are really investigating further on the issue.

This scene doesn't only happen in United States. The same case goes to South Africa. The country's online gambling has been temporarily stopped and is now illegal on the place. There have been no proper laws and regulation of online gambling, thus they would need to further study and investigate the case.

With these scenarios going on in the online gambling industry, it is still too far and too impossible to say that online gambling would really be legalized.

Tuesday, February 2, 2010

A flashback on online gambling

The history of online gambling dates back in 1994, although systems and programs to make such has been there long before the internet has been introduced. It started with Carribean's Free Trade and Processing Act. Since then, people from different parts of the globe have the free reign to put up their own online casino. With the growing demand, software developers didn't lack the initiative to make and further update the needed software to operate and online casino.

In 1998, the world's festivity over the rise of online gambling was seemingly cut short. During that year, U.S. Senator Jon Kyl opposed online gambling with his Internet Gambling Prohibition Acts making it illegal for US companies and citizens to participate in any online gambling or online casinos. From then on, other countries have also made other laws with regards to the restriction of online gambling.

Today, online gambling has boomed into a wide and huge industry that a number of people - of different ages and gender. Its popularity rose tremendously that even in courts, poker players fight for its right to legalize it. It would be a long run but for these people, they would fight and do everything just to legalize an industry that they deem potential to the economic growth of the country.

Wednesday, January 27, 2010

Online gambling software work on security issues

Whether it's past or future security issues, online gambling software providers and developers are working double time to ensure that players would be completely secured. Even if they have placed the best of what they could do regarding security on their software and casinos, sometimes, the inevitable still happens - coz that's what technology is about.

Technology grows, expands, upgrades through time. At times, it would be a bit easy to catch up, and sometimes catching up gets too tiring that technology already left us behind.

As time goes and technology grows, people learn the ins and outs of software development, thus it's easier for them to do something else that is unproductive and, most of the time, harmful to the software and to the end users. No matter how advanced of a programming software developers are using, in time, would be compromised.

So as a new year welcomes the world of technology, the possibility of hacking, data mining, and phishing would once again threaten these online gambling software. And since online gambling software contains a lot of personal information and even access to bank accounts, tremendous research and change is needed to further develop its security.

Online Gambling's rise could also be its fall

Undeniable popularity. Fighting for their rights. More and more players sign-up. Different games, styles. Easy and accessible. All these is what online gambling is all about.

It had become popular over the years with a lot of different variety for each of online gambling games. More and more people are getting into it and more companies has been embracing this kind of change too.

But as online gambling became enticing to many, more are also getting hooked and is risked to become a compulsive gambler. With a chance to win a huge amount of fortune with just a click of mouse, the game could really be addictive especially if a new player has been welcomed with a big win. Win or lose, a player would want to play again either to win more or to try and win back the amount lost. Time will come and that person will strongly be obsessed and addicted to the game.

Compulsive gambling is not a new issue - with or without online gambling. The number of compulsive gamblers in traditional casinos alone is high. Now that it has become more accessible, the more that compulsive gambling has soared in numbers. This is one factor that makes it difficult for online gambling to be legalized in US.

What could give a possible rise of popularity, revenues, marketability, and the likes to online gambling, the after-effect (whether long-term or short-term) may at the same time bring it to the brink of its downfall.

Tuesday, January 19, 2010

An addition to Sega's gaming platform

Sega, a gaming industry known for its various and top-selling video games, just adds something to their online gaming platform that most people would probably look forward to.

Sega recently acquired casino games from CTXM, an online casino provider. Sega is hoping that the entry of this new online gaming platform for their company would also give an impact on the online gambling industry. Compared to their competitors, Sega is taking a step further in giving out games that would interest their audience even more. Since online gambling has been very in demand for the past year and since the market is growing in numbers, the company could hope for an edge versus competition.

Now, Sega's line-up would be more than just Sonic the Hedgehog running around your screens or exciting fight scenes of Virtue Fighter. They offer more than that - they now have poker, roulette and blackjack to add their growing list of online games.

To experience Sega's new online gaming platform involving online gambling, visit SEGAPoker.com and SEGACasino.com.

Monday, January 18, 2010

Easy Online Casino Signup through your mobile phone

2009 could be called the Rise of the Smart phones. Undeniably, smart phones have been in anybody’s hand. People walk around the street with that little device in their hand – little device but with big (overly huge) possibilities of doing everything and anything. That’s smart phone for you.

If you’re into online gambling and would love to bring your online casino everywhere you go, with technology these days that’s nowhere near impossible.
Smart phones plus online casinos – an equation made possible by software companies who has been working on smart solutions to enable users to bring their online casino experience with them wherever they go. They do this minus the great risks of privacy and security invasion.

Thanks to Microgaming software, it is now easy to sign up in an online casino through your smart phone with high security. Plus, it’s easy. All you need is to register your phone number or email address and country number, receive an email with your activation code, activate your account, and you’re good to go.

Easy. Simple. Secure. That has been the thing for online casinos nowadays. Maybe in the near future, more and more software companies and online gambling operators would cater into these new technology of online casino gaming.

Saturday, December 5, 2009

FBI says cheating is easy in online poker

News has it that FBI finds online poker cheat-prone.

According to a top FBI official’s letter to US Rep. Spencer Bachus, online poker could easily be cheated and could be done in various methods. Written on the 13th of November, Shawn Henry said that “online poker vendors could detect this activity and put in place safeguards to discourage cheating, although it is unclear what the incentive would be for the vendor.”

What Henry said might be correct. Quite a few times, keen observant have seen such glitches in online poker. But the thing is, he should have not generalized his conclusion as true to all online poker operators, online casinos and poker rooms. The fault of one can’t be the fault of everybody. If one has ruined reputation because of its vulnerability to online poker cheating, it should not speak and stain those online poker operators who have had a good performance.

This testimony could be used against online gambling legalization, but it is not a strong enough argument to put down a strong force of followers of online gambling. They would need more proof on this than just mere observation and letters with statements that online gambling is prone to cheating. They would need more than just the drive to stop or slow down the move to legalize online gambling.

Wednesday, December 2, 2009

Celebrate Christmas in Online Casinos

No, no, no. I don’t mean spend your holidays facing the computer and play online poker and the likes. I don’t think your family would like that thought (they might hunt me down if I’ll say so!). What I meant is just probably feeling the spirit of Christmas when you log in to your favorite online casinos.

If people are jumping up and down in decorating their homes, offices, vehicles, and even their gadgets, then why can’t online games software developers and online casino operators have the same Christmassy look and feel in gaming?

Probably by now, an online casino or two is designing their sites to make their constant gamers feel that it is Christmas. Poker tables, online slots, and other online games can be designed as such to give a little scent of Christmas in their scene.

It’s not much on sensationalizing Christmas. It’s more on giving people a tinge of the Christmas season so that win or lose, they would still leave the online casino happy and satisfied.

Thursday, October 15, 2009

Problem Gambling: Signs and Cure

One most debatable fact in the fight to legalize online poker is the possibility of a player to get into problem gambling. Problem Gambling is an urge to gamble despite harmful negative consequences or a desire to stop.

Problem gambling is more feared to occur in the existence of gambling online since games like blackjack, baccarat, and poker are already made available and accessible with just a simple click.
If you, or a close family or friend, love playing online gambling games, then you should check if there are existing signs and symptoms that might lead to a serious problem gambling.

One sign is when you try to keep gambling a secret. You don’t tell anyone, not even your spouse. You secretly access through gambling sites and you make a secret bank account where you keep your bets and winnings. Another sign is once you start gambling, it is difficult to leave the poker room and your pc. You tend to gamble until the very last dollar you have, and when you lost some, you would still gamble to make up for lost bucks.

You can also detect problem gambling symptoms from family and close friends. One could probably be nearing problem gambling when he/she has been overly defensive when the topic of gambling comes out, and even though he/she wasn’t tagged would suddenly become defensive as if the comments lead to him/her. And since gambling involves money, your loved ones or close friends might be in deep trouble if they hide their finances from the people close to them, and would sometimes borrow some money.

All these signs can be prevented, and for those who are already indulged into the game of gambling can still be cured.

There are various support groups for those who experience problem gambling. One could be also sent to a therapist. Even simple gestures of cure (like separating and abstaining oneself to using and accessing the computer) can help a person recover from such disorder.

Wednesday, September 23, 2009

Tips for Online Poker

Poker enthusiasts are always in search for tips and strategies on how to have a better game in online poker. Each tip and strategy they learn would all be a part of winning the game. Simply sitting, joining and playing in an online poker room can give lots of ideas to players on how they should play poker.

The game of online poker is pretty tricky. You learn a tip here, but what you learned could also be used against you. Just like fast check. If your opponent checks instantly, it is a good sign. You could wager in a reasonable amount and possibly earn the pot. However, the experts would use this against you. They would probably check so that you’ll raise the amount in the pot not knowing they have a better hand.

Another tip that can go around against you is to wait before you put on a wager. When you got a good hand, you need to wait for the others to place a bet in order for you to place your bet and hopefully get most of your opponents’ money. The caution here, however, is to be careful for those who are also taking a longer time to bet. They might be just after the same goal as you are or they may just be bluffing.

But there are also tips that can work really well with you, whatever game of online poker you are player or whatever is your strategy. You probably have read in various websites and blogs on this one: betting patterns. A player should note the betting patterns of his opponents – when they bet high and when they bet low, and how much they bet with strong cards and weak cards. Cliché it may seem but this is one good poker tip one should take note of. It is in observing how others would play will you know how to play the game.

Basically, poker tips are just for guidance and not for strict compliance. It is not your 100% ticket to winning. It’s a matter on how one would take on the tips and use it in their online poker game.

Reference:
http://www.internet-poker.co.uk/Poker-Strategy/Top-Online-Poker-Tips/

Monday, September 14, 2009

On Ireland’s Online Gambling Industry

With the rise of online gambling, probably every corner of the world has been venturing in the said industry, and many more are making their moves to legalize online gambling in their respective places. As much as the government would push the disadvantages of online gambling – like gambling addiction and probable frauds – it is still undeniable that this said industry could possibly bring great revenues to a country. That has been the hold of online gamblers in what seems to be a very long debate on online gambling’s legalization.

However, in Ireland, their country’s online gambling industry is way far behind and probably, you could say, is living in the past. Their gambling industry remains regulated by the Betting Act of 1931, “an act to make provision for the better regulation and control of persons engaged in the business of bookmaking, and for that and other purposes to amend the law relating to betting and betting-houses”; and the Gaming and Lotteries Act 1956, “an act to amend the law relating to gaming and lotteries”. These laws barred Ireland to make online gambling possible within Ireland, making it quite a waste for Ireland’s big contribution in the online gambling industry.

According to the co-director of Gaming and Leisure Association, David Hickson, Ireland has “a great opportunity to expand into the online casino sector”. This means that Ireland is a potential country to operate online casinos but are just really prohibited to be so because of their online gambling laws.

If only Ireland would make a move, like the US, to legalize online gambling in their country, they could possibly provide approximately 5,000 new jobs and can give their employees a worthy salary for them to enjoy. Also, this could be a good avenue, like other countries, for Ireland to get good revenues by placing the right percentage of tax on the possible online casinos that they could produce.

And if Ireland would make a move, they should move now or they might lose a big opportunity in online gambling now that every country is starting to, also, make a move about it.

Tuesday, September 8, 2009

Online Poker once again hits the TV screens

It’s one reality show after the other for online poker. After the launching of G4’s “2 Months, $2 Millions”, another poker reality TV show is set to hit the airwaves soon.

Rounders House is a new reality TV show that, like the rest of online poker reality shows, will feature poker players playing poker inside a house surrounded by camera 24/7. The concept is more of online poker playing and Big Brother in one. The show is set to be filmed in Las Vegas this autumn.

Rounders House contestants should compete and win in various online poker tournaments to qualify for the show. What’s at stake is a 4-days stay in Vegas – airfare, food, and lodging provided, play poker and receive instructions from the pool of poker pros, live tournaments, and of course, money and fame.

Every day, the qualified contestants will be faced with challenges, play poker, and win some cash for themselves and (here’s the twist!) for their chosen charity.

Online poker doing publicity to hopefully gain attention is probably one of their ways to promote online poker for officials to consider the game as “acceptable”. This might be the most credible evidence they could hand on the table to prove that there is nothing illegal with online poker gambling.However, the contestants being set to play in the show should also show the earnestness towards this goal and be responsible in the kind of gaming that they would put up in playing online poker in the show – and they should try to see what the show’s goal is. They should know that this show is for not just for the money, but also for the future of online poker in United States – even if they’ll just play pretend, it would be the least that they could do.

Wednesday, September 2, 2009

Online gaming laws in Italy changes

Being a worldwide concern, a big change in Italy’s online gaming laws would seem like a big leap to people’s plea on legalizing online poker.

Brought about by recent events, Italy’s online gaming regulator Amministrazione Autonoma dei Monopoli di Stato (AAMS) would be allowing operators to offer poker cash games, casino games and new forms of betting by the end of the year. Due to the earthquake that happened last April, and the failure of Italy’s ISP blocking system, the future legal changes of the country’s egaming is closely possible to fully legalizing online gambling in the country which most of the involved parties are delighted about.

According to Carlo Gualandri, chief executive of Italian poker site Gioco Digitale, in his Right to Reply written last month that this move of Italy’s online gaming regulator has come to no surprise. What they’re more concerned about is to how and when this implementation and legalization would happen. All that they need to do is “to provide a complete portfolio of online products defined in a legal and regulated form”.

These legal regulations on online gaming set by Italy would soon be copied and followed by France, but having this situation however, would not really assure an effective egaming regulation in different parts of the European market.

This issue on legalizing online gaming and gambling isn’t just an issue in Italy or in the United States, and it is not merely an issue of the government holding tight on their present laws or the people pushing their plight to change it. This is more of freedom, what people would want and knowing that there are limitations in what they are asking for. As of now, people could just settle on this stage of pushing and fighting the tug-of-war of online gaming legalization.

Tuesday, August 4, 2009

Online Gambling License gives You the Edge

Of the thousands of online gambling casinos and online poker rooms accessible to the entire web, the competition of having the greater market is stiff. You would want to mix and match different online marketing strategies to put your online gambling business to the top. It would take a while though to really put up that name in the competition, but having an online gambling license is always the first step.

Obtaining an online gambling license would put your online gambling business an edge. In various online gambling casinos and poker rooms, a lot have been swarming without licenses, possibly just some frauds raking money illegally on poker players. It’s an edge because it would give your gambling business a sense of security and reliability – an impression that you would want to put upfront. Users would have confidence in playing in your online casino or poker room, giving you a greater chance to earn big with your business.

This would also gain your user’s trust that their money being deposited and their winnings are on safe hands. And basically, acquiring an online gambling license would make your business accessible to majority of your consumers since many countries would really require those who wish to operate an online gambling site a gambling license. Without a gambling license, your business would possibly be terminated or even be of criminal responsibility.

Having a gambling license would remove suspicions from online gamblers about your online gambling site. Users would easily determine the obvious difference of sites that are reliable or not through the license that they got. With a lot of gambling jurisdictions to choose from (Antigua and Barbuda, Costa Rica, St Kitts, Dominica, Curacao and Vanuatu to name a few) it wouldn’t be much of a hassle to get an online gambling license.

Wednesday, July 22, 2009

Online poker gambling could probably save economy

Rebuttals have been thrown back and forth in opposing parties as the debate on online poker gambling in the US continues. The Poker Players Alliance (PPA) has been seeking political support to help push the bill to legalize playing of online poker games.

As US government bans people from playing online poker games, PPA says the government should regulate online poker gambling instead. Whereas to ban is to prohibit, to regulate speaks of a different case. Banning online gambling would mean stopping people from gambling online, making laws and their respective sanctions if caught playing, operating, and processing online transactions (referring to banks and other financial institutions). This would be quite an impossible case since they can’t totally barge in to someone’s internet activities. Banning would cause a long debate with online poker enthusiasts too.

But if the government would agree in regulating online poker gambling, that would be another case - probably leading to a win-win situation. Regulation would be advantageous to both the government and the online poker community. Online poker gamers need not fuss about laws and whatnots anymore if ever online poker gambling would be legalized. And if gamers enjoy the freedom of being able to play online poker, the government should also be twice as delighted since regulating online poker gambling would lead to bigger revenues. In the current economic situation of the United States, the revenues they would earn from online gambling would be much help to lift the economic crisis.

The danger now would lie on online poker scams and obsessive gambling that has a chain effect. The regulation of online poker gambling could somehow save players from scams by subjecting taxes. Also, regulating can help track players who are gambling beyond their limits and could possibly help them seek help from professionals.

Friday, April 17, 2009

Important Roulette Related Terms

Let's face it. If you don't know the terms of the game, you are going to have trouble playing. Roulette is a great game and thankfully, it's not that complicated. In this article, I'm going to explain 9 must-know Roulette terms for you. These are common Roulette terms that ever player that aspires to win must know. Take a couple minutes and read over these terms—print them out if you want. Let's get cracking.

American Wheel: If you play Roulette in Las Vegas, you are playing on an America wheel. Basically, the American wheel has the numbers 1-36 plus 0 and 00. This differs from the European wheel, which we'll talk about in a moment. Many online casinos offer different wheel options.

Column Bet: The column bet is located on the outside of the layout. It's on the right and allows you to play all 12 numbers in the column. The column bet pays 2:1 when you win.

Dozens: The dozens bet is located right under the numbers in the layout. There are three dozens in the game you can wager on—first, second and third. When you win, the wager pays 2:1.

European Wheel: The European wheel contains the numbers 1-36 plus a single 0. Unlike the American wheel, there's no 00 spot and therefore the odds are a little better.

Low or High: There are two bets—low or high. If you bet on the low, you are hoping the winning number is 1-18. The high bet is for the numbers 19-36. The bet pays even money.

Odd or Even: This even money bet is pretty simple. Bet on odd and the winning number must be odd to win. Bet on even and you need the winning number to be even.

Red or Black: Another simple even money wager. Bet on Red and you need the winning number to be red. If the winning number is green (0 or 00), both bets lose.

Split Bet: Can't make up your mind between two connecting numbers? Bet them both. By placing your chip on the line that connects the two numbers, you are making a split bet. If either number comes up, you are paid 17:1.

Straight-Up Bet: Simply put, placing a bet on any number by itself is a straight-up bet. If your number comes in, you get paid 35:1. This is the hardest to hit bet in the game, but the highest paying one.

You know now 9 vital Roulette terms. Read these over again to get them in your memory. Good luck at the Roulette table!