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Financial and Gambling, Successful Investing and Betting

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Card Games, Slot Machines, Gambling Business Finance

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Finance Business Podcast

This information is largely obtained from Servants, Boys and even Apprentices, who attempted to violate their master’s secrets by an organised staff of paid Horse-watchers and Touts who are, as we believe, maintained at the Chief Training establishments in the country at the expense of those Papers. The results of their efforts is to corrupt

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Europe I See London I see France

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Basic Information That You Must Know When Investing

Betting on a horse race, always check the Tote price of your fancy before making the bet. Cases abound where the joy of backing a long-priced winner is shattered by the realisation that a simple glance at the Tote odds might have brought a much bigger return. Imagine this: you’re at Cheltenham in March 2008

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Finance Business Podcast
Kitty Feet

Gambling And Finance

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Casinos: Is it a Place where You Lose Money or Receive Free Stuff?

Casinos of today’s time are more of an amusement park. Only in this case, it is specifically designed adult audience in mind and played indoors. Not to mention, it is partnered with countless of entertainments to keep everyone occupied and forget the passage of time.

While lighted fountains, musical shows, luxurious hotels, shopping centers as well as elaborate themes are all helping to appeal to guests, casinos would never ever be complete without their popular games including but not limited to:

  • Keno
  • Craps
  • Roulette
  • Blackjack
  • Baccarat
  • Slot Machines
  • Video Poker

And mind you, all these games can accumulate a grand total of billion-dollar profits annually. This is in the United States alone.

Just like any other Place

Plainly speaking, casino establishments are like public places in which there are countless game titles to be chosen and gambling is the main activity that people can be engaged in. Casinos usually add tons of other amenities and facilities to keep attracting players which include free drinks, dramatic sceneries, stage shows and live events, restaurants and so on.

Casinos are able to generate profits due to the reason that each and every game offered has built-in “house edge”. This edge may have small or big percentage over its players but in the long run, with the millions of bets placed by its patrons, this “percentage” all adds up and help generate millions in profit for the casinos.

The BIG Vig

The casino’s advantage is otherwise called as Vig, shortened for Vigorish or rake. The exact figure will be based on how players are playing the game and to whether the casino has different set of payouts for slot machines or video poker.

What is “Comps”?

Now basically, “comp” is the free service or goods provided by casinos to its loyal or good players. This will vary depending where you play because technically, the comp you get from a land-based casino will vary from an online casino site like daftar dominoqq.

On the other hand, please be reminded that from the casino’s viewpoint, good players are those who are spending lots of money on their games. People who tend to place big bets or spending much of their time on slot machines. These players typically are entitled to free dinners, hotel rooms, ticket shows, limo ride and so forth. It is safe to say that this “comp” is simply the casino’s “compensation” for the player’s losses.

The Line Between Gaming And Gambling Is Fading

Because it is not enough to earn enough from selling game apps alone, manufacturers try to pull money out of their customers’ pockets through virtual use. Gaming is increasingly becoming a game of chance – with serious consequences.

Video Games and Gambling – When Does a Game Cross the Line? – Extra Credits

Kensgold is 19 years old and addicted to gambling. However, he does not satisfy his addiction by going to casinos, he plays on the computer. It started with game apps, it went on with video games, at some point he couldn’t do without it – and gambled away all his money.

“When the worst happened, I had two jobs and even considered dropping out of school,” says the gambler. He has verifiably spent $ 10,000 within two years – and all this on micropayments, so-called microtransactions.

The principle is Pay2Win – pay to win – and it’s the best running business model in the industry. All Pay2Win games will then work: downloading the game from the Google and Apple app stores costs nothing, the entry hurdle for new players is very low.

Billions in sales with mini payments

If you want to progress faster in the game, you can buy the progress. In the popular mobile game “Clash of Clans” you can buy virtual jewels that cost real money. Whoever purchases gems in the game pays at least 5.49 euros, an entire virtual box costs a whopping 109.99 euros.

In theory, the use of play money is voluntary, but in practice, you can buy superiority in the game. The players not only pay when buying the game but are always asked to do so, sometimes very bluntly – namely when they want to win. It is no longer a skill, reaction time, a strategy that counts, but your wallet.

The fact that the computer game industry has changed fundamentally can not only be seen from the increasing number of pixels on the screen. The gamblers used to shoot from angular weapons at even more angular opponents, today most games seem almost film-like. What you don’t see, however, is that the industry is currently softening the line between gaming and gambling.

The line to gambling is fading

A study by three researchers from the University of Hamburg. They compared the business models and sales figures of classic lotteries, casinos, and sports betting (on sites like live casino) with those of game apps, browser games, and classic console games.

The result: the distinction between gambling on one side and video game on the other is obsolete. Instead, gambling apps are increasingly found in gaming apps. Classic games of chance increasingly appear like harmless games of skill.

This is also shown by the industry indicators that the researchers evaluated in the study. Sales from the sale of computer and video games have been falling steadily since 2008. At the same time, however, the income from microtransactions in online and browser games is steadily increasing.

With Pay2Win games alone, the providers of apps generated sales of around eight billion euros worldwide in 2016. For 2017, the researchers expect sales to increase by almost 30 percent to more than ten billion euros.

How to Spot Welcome Bonuses

When you first sign up in an online casino the very first thing that comes in your mind is the casino welcome bonus. However, if you are not looking so much then you might hard it to find to spot it.

Basically, a welcome bonus is a type of bonus that is given to new players or by the time you sign up. It can either be in a form of free cash or free spin, or it can also be enough chips to get you to start a game.

Some casinos might not have this, however, most legit online casinos do! It is also best to make sure that while you are signing up in a new casino online, see to it that they are giving casino welcome bonus not just for your benefit but also to help you check if the casino is legit or not.

Getting to Know About Welcome BonusOne of the best things about online casinos is that they offer a welcome bonus. Which non-online casinos or in-store casinos do not have. Basically, these bonuses serve as a headstart for you to start an actual game, or try free spin perhaps.

1. Play in a Legit Casino Website

First thing first, you need to make sure that you find a good website to play with. Don’t just settle for casinos that you see online, but make sure you make a thorough research on it. How legit it is and basically feedbacks from previous players.

Word of mouth is good too!

2. Sign up, and Cash Out

Basically upon signing up and you already have a bonus with you, it is time that you take the chance in cashing out it. Basically, you will have to spend it in a game first— you can take sins and save the rest for cashout.