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Booking It

Booking It

Financial and Gambling, Successful Investing and Betting

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Trippin With The Bad Quaker

Trippin With The Bad Quaker

Card Games, Slot Machines, Gambling Business Finance

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Opus The Codex

Opus The Codex

Betting Business Guide, Finance in Gambling

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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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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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The Impact of Gambling on Personal Finance

Among the many difficulties that exist in personal finances is gambling. Nothing can be worse than being passionate about gambling. Despite the ban on this type of game, there are many clandestine houses that take advantage of people’s passion for such games and appropriate the money of these players.

Investing, Speculating, Gambling Explained

Online gambling sites that offer slot machines like mega888 and others that offer video poker machines, bingo sessions, and more are mandated to regulate their players by imposing rules and regulations for the game. There is always a type of game for each type of customer.

Gambling has that name because whoever plays it will usually be unlucky enough to lose a lot of money to the owners of the gaming houses. And, because they are clandestine, and not regulated by the State, the owners abuse the programming of the machines and get exorbitant profits, without worrying about their clients’ finances. There the main objective of the owners of the machines is to take as much money as possible from the players, identifying the most vulnerable and privileging them with bonuses or even with free meals during the periods in which the player is playing.

Like other compulsive behaviors, the game starts as a pleasure and gradually becomes an activity that the player can no longer escape. That is, despite the guilt of losing a lot of money from their savings to the machines or at card tables, the player continues to play and has no control to stop playing, even though in conversation with these people it is possible to hear them saying who can stop anytime they want. This characteristic is also very common in smokers and alcoholics.

There is no high salary or financial strategy that can resist a situation of compulsion to gambling since the addicted player will not stop based on a rational strategy. These players generally stop playing when they have nowhere else to withdraw money. Furthermore, it is normal for the houses to lend money to the player so that he owes even more to the owner of the game.

It is essential, therefore, that when observing obsessive behavior in relation to games of chance or any other type of activity that gives pleasure, but depletes financial savings, often for a lifetime, that the player seeks specialized assistance. As much as the compulsive believes that he will be able to solve his problem alone, unfortunately, he cannot without the support of a psychologist or psychiatrist specialized in this type of behavior.

This is not to say that trying your luck is bad but getting into habitual gambling can cause your personal finances and you may end up borrowing unnecessarily. So before you sign up for any gambling program, be sure that you are able to have control over your money. Play only what you can afford to lose.

Is Online Gaming In Asia Profitable?

Chips, dice, credit card and a laptop

The gaming business is in continuous evolution. Innovations are making it a lot simpler for internet casinos to keep up with trends in gaming.
 
As the internet gaming marketplace continues to amass, you might wonder: Why is it a rewarding job? A lot of things may impact an internet gaming company, exactly like every other. But running an online casino rather than a live casino has its own benefits as well.
 

What is online gaming?

Online betting, or online gaming, is a kind of gaming appreciated on the world wide web. Online gaming replicates real casino games. The most well-known of these games are poker, online sports gaming, along with slots.
 
Since the net started to take form in the 1990s, it became evident that the net might be a big route for gaming. Online gaming might feel like a brand new, but in reality, gaming software already exists as early as 1995.
 
Nowadays, online gaming and internet casinos exist inside profitable online casino sites. These casino sites can supplement conventional slot machines, poker, and online sports gaming.
 

Is online gaming legal in Asia?

The legal status of internet gaming in Asia is an intricate matter. Online types of gaming are completely banned in a few nations. For example, China, Cambodia, and South Korea, to mention a few. For gamblers from southern China, the simplest way to avoid legal problems would be to play in Hong Kong. HK is also known as Asian Vegas. Several countries have flexible online gaming laws (such as from the Philippines). Others have laws that could be avoided with the use of Virtual Private Networks or VPNs.
 
Meanwhile, countries like India have split laws, and control in each state differs. States in India work in their own jurisdiction. Each with nuanced stances about the legality of internet gaming. Instead, India addressed online gaming with the Federal Information Technology Rules. This blocks online gaming from online providers in the nation.
 

Is running an internet casino still lucrative in Asia?

Bearing legality in mind, you could wonder: Is it profitable to run an internet gaming service in Asia? The brief response is yes,” it could be. The business is rising to a value of about over $51 billion in 2018. With online gaming that is making more than seventy percent of the expansion in 40 billion. The internet casino market in the Asia-Pacific is driving this wave of gaming revenue. It noted value of about $72 billion in 2019.
 
Back in Asia, independent internet gaming websites triggers the internet gaming sector. Among these sites being Kiss918. Kiss918 is an internet casino site based in Malaysia, and also in Brunei and Singapore. While many online casinos function in various nations, Kiss918 provides a portable platform. The diversity of the platforms demonstrates that the firms innovate. There will always be a marketplace for internet casinos.
 
Online casinos such as Kiss918 give an internet area to enjoy a real casino experience. All without sacrificing your comfort or safety. These online casinos offer you an assortment of matches and have a huge customer base. So there are great chances to win.
 

Decision

While the gaming industry is inconsistent, there’s a chance to profit in this huge market. It is difficult to deny there are lots of successful online gaming operators in Asia alone. Despite the fact that complicated issues such as legality as well as the global industry. As long as there is an online client base always trying to find new items, online gaming will keep growing.

Online Sports Betting and Gambling in South Korea

The country’s online betting and gambling laws are prohibitive.
South Korea only legalized the National Lottery and Toto sports. Accessing online casinos is also prohibited by law. The funny thing is there are no laws implemented against playing one. Yet, it’s still safer to access secured and legitimate sites. It’s considered legal and legitimate when they have the proper permits and licenses. They’re based in other countries wherein these activities are legal and standardized.
 
(토토 사이트) is an example of a legal site for Online Sports betting and gambling in South Korea. It offers a wide variety of online sports available. It allows you to place your bets on the NBA, NFL, NHL, MLB, Tennis, Cricket, Soccer, and Boxing. This site also offers casino games like poker, baccarat, slots machines, and roulette.

Best Sports Betting Sites 2020  Play & Win Real Money Online Sports Betting Sites!

 
  • (토토 사이트) will guarantee you the following:
  • A variety of Bet Offers such as Point spread, Moneyline, and Totals
  • (토토 사이트) also offers bonuses and other incentives to anyone who accesses the site. You can discover some bonuses and rewards when you place your bet on a particular sport. The site also offers free spin when you feeling a little lucky.
  • The site is not complicated, It’s very simple. It’s easy to navigate the site. You can access it from your phone, tablet, or desktop.
  • The site has a trusted deposit and withdrawal options. It offers different payment methods that fund your account. Experience no hassle when you decide to collect your earnings and winnings.
  • The site has gained positive reviews and built a good reputation over the years. It gives great importance to a client’s personal information and money.
  • The site is safe and secured. (토토 사이트) has all the proper licenses based in their jurisdiction. The site has passed the tests required like site safety. Rest assured that your personal data and money is safe and secured.
  • The site has excellent customer service. If you’re having any trouble feel free to contact their friendly customer services. They are always available to give you a helping hand. It has an excellent record of great customer services.
  • The site is for the Korean players. You’ll be able to access it in the Korean language.
  • It’s a site that will guarantee you loads of fun and entertainment.
 
 
 

Making Your First Withdrawal from an Online Casino Site

If you want to win money, then you’ve got to play with real money in casinos. While you can take advantage of £20 free no deposit casino from an online casino, still you’d need enough funds to fuel your spending.

While doing so, you’ll most probably be replenishing your budget by withdrawing your winnings. Making deposits to your account is a fairly straightforward procedure. But there are instances in which players raise questions on how they can make withdrawals. As for the withdrawal, online casinos incorporate an extra layer of security. Not because they don’t want you to get your money but because they want to make sure that none of your personal and sensitive information will be leaked.

Thus, it isn’t that strange for new payers to feel a bit confused when making their first withdrawal. Keep reading to learn more about this process.

Withdrawing Money from Your Online Casino Account

So, you’ve collected your first win! Naturally, you’d feel excited and thrilled about it and will make you think to cash it out. Good thing, withdrawing money from your account is a no-brainer while you can take advantage as well of instant withdrawals.

Here are the general steps to follow when making a withdrawal:

Step 1: Login to your online casino account.

Step 2. Head over to the Wallet or Casino section or its equivalent.

Step 3. Select the option for Withdrawal.

Step 4. Choose your preferred payment method. After that, you must fill in the information asked. Most of the time, online casinos will be requiring you to do the same procedure when making withdrawals and deposits – better to familiarize yourself.

Step 5. Type the amount you wish to withdraw.

Step 6. Confirm the operation and just wait to complete your request.

That is basically it! When you are done with all the steps, wait to see the money to be transferred to your bank account.

If in case you have further questions, feel free to contact the customer support team of the casino site you’re playing. Be aware though that different casino sites will have different withdrawal time. In some sites, you may be able to see the funds in your account fast, while in some not really.

How long it usually takes?

As mentioned, casino website’s processing time varies. While it is something that does not take that long, you have to wait for at least couple of days as it’s typically hard to withdraw from the casino in an instant. There are two reasons for this; one is the fact that casinos need enough time to process the request and two, they need to complete their verification for the withdrawal. But in most cases, the withdrawal should take place within two to three business days.

Important Things You can Get from Gambling

Entertainment and the excitement it brings to the players are the main reasons why individuals bet in gambling clubs or online casino slots such as kiss918. However, there is one thing that bettors will in general underestimate; the learnings that they can get from gambling and other similar activities.

Keep in mind that the most significant life learnings and realizations are known to originate from such experiences. With casinos providing a lot of chances for players to encounter a wide array of emotions and experiences, there are numerous learning to gain from betting. Here are some:

Making Proper Budget

We’ve seen several times when gambling causes chaos. A reasonable person who is gambling should know how to deal with their money in a proper way. This shows them significant learning: spending the right amount. Before you participate in any betting game or online casino game, gamblers must set a limit on the amount they are going to gamble. You will realize how important it is to stick to your budget. Otherwise, you will lose a huge chunk of your money.

Time Management

Is it true that you do not mind the time while having a lot of fun? Certainly yes. That being said,  you have to deal with your time or set an alarm so that you will be reminded of how many hours you have been playing.  For instance, you have been playing for a long hours but still not winning, you must know that it is time to stop. On the other hand, even if you are always winning, you should still stick in your allotted time.

Persistence Brings Promising Results 

The desire of individuals to be an expert toward such activity with regards to being accepted allows them to compromise and spread their horizons. Because the truth is, training isn’t really enjoyable. It requires patience and dedication. Nonetheless, in the event that you need to be an expert at something, practice is the best way to accomplish it.

The Best Is Not Necessarily Easy

When gambling, you will realize that playing the hardest gambling is never easy. You have to practice A LOT if you want to at least know how it works. This is applicable in real life. If you want the best or you want to reach the top, work hard and put your mind and heart into it. Know your limits and you are good to go.

 

The Finance Sector, An Arm Of The Gambling Industry

Von Hayek publicly stated that he made an effort to make economics more scientific in the sense assumed by the term. Like any industry, the financial industry also attempts to use a more favorable and accepted language to attract customers and to clothe the fact that the financial sector is just a part of the gambling and gaming industry. Replace betting vocabulary for financial terms and it becomes clear. If you look at it closely, most activities in the finance sector are actually bets as it is in the gambling sector. And for many centuries, the finance sector has been dissociating finance from gambling.

A touch of bluff and a dash of confidence

The finance sector and gambling are surprisingly the same in many ways. Both share the same skill sets too. Traders are defined by their skills, being cold towards risk, and having that quick decision even under mounts of pressure. Not to mention incredible discipline and a great memory. These are the same skill sets that define a successful poker player. Brandon Adams is a pro poker player and a professor at Harvard lecturing behavioral finance. He asserted that among the best traders are also professional poker players online.

Among the key points of gambling is bluffing and bullying. These are the topics of the latest study by Robert Shiller. He wrote in his book, Phishing for Phools, that you “cannot conquer the industry” by fighting that so long as there’s gain, sellers will methodically take advantage of our emotional flaws and our lack of knowledge by using tricks and lies.

At the core of any manipulation and deception is the role of confidence and the reliance on dangerous partners. Schiller recommends five crucial psychological elements in another book, Spirit of the Animals, the most crucial is confidence (or lack of confidence) in economics and personal economic status. The challenge is that while trust is important to heighten the billions of dollars required to advance the current industry, it is a valuable tool to deceive investors.

Financial advisors or in the gambling term “tipsters”- know that trust is the key to earning the trust of customers. Notice how many gambling websites such as http://216.83.47.125/ work on gaining the trust of their online visitors. Financial Advisors, Fund Managers, and Wealth Managers do the same thing. They understand and rely on our primary drive to trust one another and that includes trusting them.

When You are actually Trading and when You are Gambling?

Gambling like in 918kiss is described more of as staking something like cash on contingency. On the other hand, when trading is taken into consideration, gambling takes a whole different dynamic. There are actually a lot of traders who are gambling without actually knowing it. As we proceed on this short post, we will be looking at the untold methods to which gambling is creeping into trading practices and also, the stimulus that might be driving a person to trade and potentially, gamble in the first place.

Tendencies for Hidden Gambling

It is fairly common for a person to believe that they do not have any gambling tendencies and none of them will either admit happily to having them. Yet, uncovering the motives in every action we take helps us in changing the way we are making decisions now and tomorrow.

Social Proofing

There are some who might not even have interests in investing or trading in financial markets but, social pressures induce them to invest or trade anyway. This is more common when there are large group of people who are sharing the same opinion about investing in financial markets. People are feeling the pressure that they have to conform in their social circle, so they won’t be left out.

Making few trades to appease these social forces aren’t automatically considered gambling if people know what they’re doing. However, entering into the financial market and involving themselves in any financial transactions without having solid understanding of the investment they are making is considered gambling. These people are lacking of knowledge in an effort to exert control over their choices and probability.

When someone is involved in financial markets, there’s always a learning curve to be encountered which will be based on social proofing discussion. This may not or may be true as per the person themselves. How someone approaches the financial market determines whether he/she would be succeed in trading or stay to be a perpetual gambler.

Trading induced by Excitement

Even after losing a trade, it could stir a sense of satisfaction or power and strong emotions. This is true particularly when it is linked to social proofing. If everyone in the individual’s circle loses money in the financial market, then losing money on the trade will let that person be able to join the conversation and share their own inputs.

When someone is trading brought by social proofing reasons or excitement, it is very likely that they’re trading in gambling style instead of a tested and methodical way, which can be very dangerous in the long run.

How to Win on Online Casino: What Strategies Works Best

Gambling online does not work for everyone— especially, if you don’t know what really works best. There are a lot of strategies you can make up, but only a few of them might really work.

Basically, online gambling games are all around but betting and locking in your luck. You will have nothing but to wait if you are going to win or not. But, experts say it shouldn’t be played that way.

Gambling should be more of creating a good strategy that actually works to help you win and beat casinos. Bring home jackpots and lots of bonuses.

Today, this blog post will talk about a few tips you need to know on how you can maximize your online casino experience using the strategies that work best.

Strategies That Works Best

The real deal in playing online casino is you have to beat the casino, not the game. You have to play the casino, not the game.

Your real rival here is not just your opponent but the casino itself. You have to be wiser than the computer system behind you. That’s why you should know some of the tricks in playing online casinos such as 3star88 Malaysia.

1 Never Play Blackjack Again

Blackjack has earned a lot of respect from players, and it indeed hooked them. This is because unlike other casino games, you can bring some skill to the table. Most players usually tell you it is good, however, every good has something bad too— it’s not really the most generous version of the game that you can play. Most likely, there are some parts of the game that most players tend to avoid getting but eventually, get. This is some trick that you have to save yourself and your bankroll for.

2 Only Play in Tournaments

This strategy is so basic— almost all people who play online casino tells you to only play in tournaments. This is because if pay a flat fee upfront but be able to win the tournament the value of your prize can be substantially more than your buy-in fee. Remember, even slot game tournaments can be rewarding at first, second, third, and fourth place players.

Ideally, participating in tournaments allows you to gamble on two levels. That additional risk may make the tournament experience more satisfying for you.

3 Use a 17 Second Delay Between Spins

Tell yourself that you have to slow down your lost game. But that’s really not an easy thing to do, however, there is a mathematically valid reason to do it other than that you losing money at such a lower rate. Spins are not betting systems that promises you will win more often, but it is a system that increases the volatility of your play. Basically, it is based on the way a random number generation algorithm works.

Experience the Uplifting Powers of Agua Caliente Casino Massage Therapies

Have you been to an Agua Caliente Casino just to gamble? The fun doesn’t have to stop at gaming tables. You can have more by relaxing at Agua Caliente Casino massage tables.

Whether you’re taking the massage therapy at Agua Caliente’s The Sunstone Spa in Rancho Mirage or at the Palm Spring Casino Spa Resort, you will always come out feeling like a winner. Mainly because Agua Caliente Casino massage and body treatments are designed to give both the body and mind an exhilarating lift.

You do not have to be a hotel guest when looking for a relaxing retreat at an Agua Caliente Casino Spa. What you need to have if you are not staying at the hotel, is a day pass. Now if you prefer a private setting, ask for a spa cabana retreat that has a whirlpool in it and where you can have your order of food and cocktail drinks delivered. The same private setting is also available to couples, by way of a couples therapy room.

Popular Agua Caliente Casino Massage and Treatment Choices

Find below some of the popular choices that most Agua Caliente Casino Spa guests select from treatment menus:

Agua Caliente Casino Rancho Mirage – The Sunstone Spa

The top favorites in the Sunstone Spa menu are the hot stone massages, particularly The Sunstone Signature Stone Massage. Its popularity is mainly due to recommendations coming from guests who attest to the melting effects of the heated java stones on their stiff muscles.

Other popular Sunstone Spa massages include the Polished Gem Package, the Garnet Calming Massage and the Rose Quartz Energy Massage. Those who want to experience all the works can choose from any of the Sunstone Infusion Packages. These are combinations of treatments that may include facial and detox wrap with massage; or the mineralized bath treatment with organic sage salt scrub and sage and butter body massage.

Agua Caliente Casino Massage at the Palm Springs Spa Resort

At the Agua Caliente Casino Palm Springs, the most popular massage is called “Taking of the Waters.” Mainly because, this is where guests get to immerse in the famed healing waters of the Agua Caliente Tribe, after using different saunas and before going under the hands of a massage specialist.

When taking this option, a friendly front desk person helps guests design their spa for the day. An example would be having a Eucalyptus Steam Bath first for ten minutes, then two ten-minute dry spas before taking the waters inside a private chamber. The “Taking of the Waters” part means soaking in a tub filled with simmering, natural hot spring water that contains minerals like calcium, magnesium, potassium, sulfur, and chloride.

Once done with this spa ritual, an attendant will ask a guest if he or she would like to spend some moment in the lounging area first, before having the massage. Accepting this offer means lying down on one of the thickly padded lounging chairs inside a scented lounge area, while covered in a thick sheet and with eyes covered by a pair of aromatic, wet eye-compresses.

After a while, the massage therapist assigned to provide the service ushers the guest to the massage therapy room; whilst asking after the guest’s comfort and of any particular health or wellness issue.

How to Play PokerStars For Real Money

PokerStars is definitely one of the very few websites you can go to play your online casino games.

A lot of people who are poker enthusiasts can tell a few names of their favorite websites. While some really favor PokerStars. This particular online poker site offers the most real money poker games with includes real money jackpots.

Basically, people play poker not just for fun but to monetize their winnings. If you are the same, then it’s definitely time that you consider playing at PokerStars. However, it still pays to know the basics of playing at PokerStars and how you can be better at gambling to make sure you are going to win thousands.

The benefit of Playing PokerStars for Real Money

PokerStars is one of the most real money poker games you can find today on the internet. They offer a wide variety of play money on poker games. More likely, they are a strict play money version of online casino, though they do hold free tournaments that include cash prizes.

Basically, you can have the benefit of practicing and mastering the games on free tournaments to make sure that you can ace a good win on a real tournament with opponents. Plus, you also have the advantage of winning prizes which will be good to make as a play money to the real game.

You can take hold of playing Texas Holdem, seven-card stud, Omaha, Badugi, five-card draw and a lot more games.

Furthermore, the PokerStars.net client website can definitely be of help to get you a better feel for the software before diving into the real money games. It’s where you can play games for free. Then, when you’re finally ready to play for the real money game, you can just go to the “PokerStars.com” version.

 

 

Managing Your Finances When Gambling

Situs joker123 is one of the leading online gaming casinos having about 450 games on its site that people could play on any mobile platform. Additionally, this site provides a wide scope of winning for both professional and beginner gamblers, as well as offers long-term and regular players the chance to get huge rewards as an extra advantage.

Although gambling could be very lucrative, there is always a possibility for you to lose all your winnings, or worse everything that you have, particularly if you don’t have self-control and the capability to recognize that you might be risking way too much..

Managing Your Finances When Gambling

The best way to avoid such circumstance is to enforce a certain boundary on your self-indulgence and make sure these limits are strictly followed. Whether your aim is to make a living by being a professional gambler or simply want to gamble for amusement, you have to ensure that you are spending within your means. Below are two things that any gambler could and should follow to protect yourself from unhealthy gambling habits.

Have a Personal Gambling Fund but Give Priority to your Savings Plans

If you find yourself wanting to gamble more than once a year, you ought to create your personal gambling fund and to gamble using only that money. For instance, you could start by putting in $20 a week. How much you put in is actually up to you, however remember that this isn’t your priority, as your priority should be your savings plans. Moreover, make sure that these funds are kept separate from your household, emergency funds, and savings.

Provided that you live within and not more than your means, you must always remember and be able to save money. This is actually the way to financial success – spending less than what you earn. Saving for gambling has to at bottom of your savings priorities.

Gamble With a Budget and Stick to That

No matter how much you have in your gambling fund, you must always have to put a budget when gambling. For instance, if you have $500 in your discretionary funds and you could manage to lose $150 at the casino, then put that as your budget. If you lose all your budget, don’t pulling out more.

On the other hand, if you are able to win more than what you have budgeted, you have to know where to allocate these winnings. For example, you could repay or replenish your gambling fund, or add to your long-term savings and emergency funds.

The ideal budget for gambling is one that you don’t have to complete as a lifetime financial goal. When and if you win when gambling, you still have to manage your winnings. However, the most significant part of keeping yourself protected when gambling is setting realistic limits and expectations that you could live with. In doing so, it wouldn’t matter whether you win or lose when gambling. What would really matter is how much you have enjoyed the game of chance.

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.

RNG : Dispelling Notions that Slot Wins are Predictable

The notion that big wins in slot games are predictable by means of calculations came around at a time when slot machine reels were still mechanically operated. However, ever since video slots and other casino table games like poker, blackjack and roulette were developed with the use of game engines, a software known as Random Number Generator (RNG) made the unpredictability of outcomes foolproof and unfathomable.

What is a Random Number Generator

A Random Number Generator or RNG is a critical component of a game engine used in developing video slots and other online casino table games.

Based on the projected rate of return to players or the RTP that a developer aims to incorporate as an attribute of an online slot or casino game, the Random Number Generator (RGN) will be configured to pick specific number combinations that can consistently achieve the intended RTP. The number configurations include a seed value as starting point every time the RNG hits a combination.

The rest of the values used win combinations can be derived from numbers of repetitive actions such as keystrokes, the computer’s clock, the computer’s running processes or the movements of the mouse; all of which make the RNG algorithm quite complicated.

In the meantime, the RNG continuously generates hundreds of sets of numbers per second, even when the game is not active. This mechanism ensures that the results are independent of the bets, numbers of spins and resulting outcomes that every player inputs while playing the game.

When the RNG generates any of specific combinations of numbers, the win outcome will be mirrored by the slot screen using the corresponding elements of the slot game; i.e. icons, paylines, wild symbols, multipliers and the like.

Proof of Reliability of RNGs

Regardless of how many spins the virtual reels have made or of how much is being staked as beta on spins, the outcomes generated by the RNG software on which the slot game runs, cannot be predicted with reasonable accuracy. What makes the randomly generated wins in modern video slots reliable, whether played via land-based machines or by way of online casino platforms, is the testing performed by independent game testing laboratories.

The test is required by gaming regulators as proof of the randomness of the results generated by the RNG software. The certification issued after a test result, is designed to give players the assurance of engaging in games that offer fair and equal chances of winning. The independent testing also determines the veracity of the Return to Player (RTP) percentage being claimed by game creators, as the potential rate by which slot players can achieve wins from the game.

Still, inasmuch as there have been cases of slot games coming out with displays of questionable win results, it became imperative since 2016, for all online casinos to monitor the RTPs of their gaming content. The purpose of which is to make certain that the RNG remains glitch-free and not prone to generating erroneous results.

When choosing to play at a lesser known Asia-facing online gambling site, it would be wise to check if the operator is licensed by an established gaming regulator. Take note of how online casino websites like vslots88 indicate its PAGCOR licensing and testing certifications in the home page. Doing so immediately presents proof of the integrity of the RNGs supporting their gaming content

What to Remember when Playing in a Casino?

A definition of self-control is having the ability to act or function normally that is within a group or society while also controlling desires, behavior and emotions in face of external demands. A lot of people are able to effectively pull off this act, as if they have mastered it. But there are those who can’t and frequently ends up incarcerated or ostracized.

Inside a casino, whether online like in ufabet or in land-based casinos, self-control has the exact same meaning. Although, penalties for failure are frequently more serious and heavy. In fact, there are some who have clean slated their savings playing slots while others are turning to white-collar crimes similar to fraud in an effort to fuel their addiction. Now this isn’t normal behavior anymore because, this kind of attitude is what plaguing millions of casino players and enthusiasts and get a negative stigma to the general public.

Keeping Your Composure in the Casino

The next time that you walk inside the casino, it will be highly recommended if you are going to follow the tips and strategies discussed in this article. You may not be able to instantly apply them, but if you are really serious, you can do it one step at a time.

Understand the Rules

How you expect to win the game if you fail to understand its rules. There are casino offerings that are easy to understand than others. Thus, make sure that you do your research before you play in any casino game whether it is poker, blackjack, slots and whatnot.

This will literally save you from embarrassment while playing. Above everything else, it ensures that you are not committing costly mistakes that you will regret afterwards.

Don’t Drink Alcohol

Casinos are notorious for offering free alcohol to their players. And this is just another tactic that casinos use to make more money from players. The reason is that, drunk people are not able to think and decide at their best capacity. Remember this, casinos are not giving away complimentary drinks to make you happy, they are deliberately doing for you to make mistakes.

Take Breaks

Anyone who has been in a casino seems like they have not slept for days. Smart players on the other hand never put themselves in these kinds of situations. Your body will need sleep in order for it to act at its best and depriving yourself with sleep can result to mental errors which may eventually cost you a lot. So take a break and get back to the casino floor if you really want to.

The Effect Of Gambling Industry On Korea’s Economy

The gambling industry has been a source of debate for many decades. There has been a lot of legal gambling around, both from online gambling sites like Golden Lizard (메이저사이트) and traditional land-based gambling houses such as casinos. Quite a few people have experienced gambling addiction and sometimes ruined their lives.

On a positive note, the gambling industry has contributed so much in the economic sector, in terms of growth in domestic income and job creation. It also plays a huge role in the travel and entertainment industry, attracting many tourists around the world. In fact, Macau and Singapore are making the gambling industry a new driver of economic growth.

This raises the question – Is the gambling industry’s impact on Korea’s economy and the society positive or negative?

In an economic sense, if the benefits are huge then it is good. But if the costs are also huge then it can be bad. The problem, however, is that while the economic benefits had always been known to be good, there had been no real estimation of the costs. Therefore, there is no way of directly saying that gambling is good in an economic sense.

In this regard, a recent experimental study on the cost of gambling addiction has begun, and estimates of approximate but not sophisticated estimates of gambling costs have been published. Therefore, it is possible to judge concretely and quantitatively the effects of the gambling industry on our economy and society.

Huge socio-economic costs and rapid growth rates from gambling addiction

The positive impact of the gambling industry on our economy – convenience. Six gambling businesses are legally permitted in Korea. As of 2010, the total sales of these gambling industries have exceeded about 17 trillion won. Assuming that the positive effect of the gambling industry on other industries is assumed to be twice as large, it can be considered that the gambling industry brings about 34 trillion economic benefits.

The cost of the gambling industry. Most of the cost of gambling can be attributed to gambling addiction. In other words, in order to estimate the cost of gambling addiction, it is necessary to first look at the prevalence of Korean people falling into gambling addiction. Given that the prevalence of gambling addiction is measured at 1.9% to 3.3% when surveyed in the same way in foreign countries such as Canada, Australia and the UK, the prevalence of gambling addiction in Korea is considered to be quite high. In other words, the probability of Korean people falling into gambling addiction is two to three times higher than these countries.

Gambling Addiction in Korea vs. the Western Culture

In Korea, the cost of gambling addiction doesn’t only cause damage on the individual but is passed on to the family members. This is different from the cost of gambling addiction in western culture based on individualism. Therefore, the cost of gambling addiction is not only an economic problem (decline of income) but also a social problem (causes family discord, divorce, suicide, child abuse, domestic violence, and declining children’s education).

The cost of gambling addiction in 2009 is estimated at about 78 trillion won. This is an inflated estimate because there are cost items based on subjective responses from gambling related persons. It also includes many items that cannot be measured by financial costs such as suicide, domestic violence, and broken homes. There is also the possibility that the cost is lesser. In any case, it could be concluded that the cost is greater than the benefit in the gambling industry as a whole.

Conclusion

While Korea’s economy benefits from various gambling activities, it does have an impact on social welfare too. To answer the question, does the gambling industry in Korea have a negative or positive impact on the economy and the society as a whole? Based on the benefits and costs of the gambling industry (though studies lack data to prove it), the gambling industry has more costs based on the socio-economic impact of every individual who have experienced gambling addiction. Therefore, gambling industry has a negative impact on the economy as a whole.

Depositing Your Online Casino Account using Credit Cards

Are you planning to use your credit card in an effort to make a deposit to your Mega888 online casino account? There is actually a very straightforward process when depositing using your credit card. This is the exact same reason why so many people are using credit cards when playing in online casino sites. After choosing which among your cards to use, just click on the bank section of the site and then enter your details.

Everything’s Safe and Secured

These pieces of information will be encrypted and stored whenever you play at a reputable casino. There is no need to wait in line before you see the money in your account because it’s almost instantaneous after making the deposit.

Truth is, you can even use your credit card to withdraw your winnings. On the other hand, there are sites that are not allowing withdrawals to be made when using AMEX or MasterCard. Though, Visa is almost always available as an option for withdrawal. Usually, there are no fees that are attached to receiving money under this method and majority of the withdrawals take only for few days. The reason for this delay is due to the time needed by the gambling site to process your request. If you’ve deposited using AMEX or MasterCard and cannot withdraw under the same method, don’t worry as there are several ways for you to make a withdrawal.

What Credit Cards You could Use?

In relation to the credit cards that can be used and accepted by online gambling sites, the most popular options are:

  • AMEX
  • Visa and;
  • MasterCard

Among the three though, Visa leads the way for majority of the leading casinos are accepting it for making online payments. The same is true for MasterCard which is also among the trusted and renowned payment methods. AMEX on the other hand is not offered at several online casinos but, those who are planning to deposit using such credit card can still find a number of awesome casinos to play by doing a bit of research.

Alternatives

You have to take into account that there are some who can’t use their credit cards for transactions with their online casino account. This is because some countries restricted online gambling and card companies blocked payments to follow the rules implemented. If this is the case, you can use an alternative like Skrill, Neteller or any other e-wallet you trust!

Strict Rules Must Be Followed By Bookmakers, Gambling Halls, And Casinos

bandar slot online

Romanian gambling organizers must follow an important set of rules starting June 15, when they will reopen their doors for enthusiasts.

It’s been three months since our gambling industry is closed! As of March 17, 14,000 bookmakers, 15,000 casinos, and branches with “pecans”, but also 2,000 locations of the Romanian Lottery are with padlocks on the doors. That means 45,000 jobs in the air, with 90 percent of employees technically unemployed, but also huge damage to the state budget: 210 million euros for the three months of lockdown.

Even though there were discussions with Government officials and those of the Ministry of Finance for the restart of the gambling industry on May 18, this did not happen. And it won’t happen from June 1st either! But the members of the Executive give assurances that from June 15, in the third wave of relaxation, they will be able to resume their activity again.

Even if in the last three months we have focused on the online market, on games and other issues, in vain! It’s not the same thing. Traditional betting is a habit for gambling enthusiasts. There have been huge losses, but we hope to be able to get back on our feet once the street agencies reopen.

In order to receive customers again, strict rules will have to be followed, which will come into force from the moment they resume their activity. If for bookmakers and lottery agencies the rules to be followed are relatively easy to check, the situation changes when we talk about casinos.

But what are the rules that gambling agents must follow from June 15?

There are 20 rules that betting agencies must follow once they are reopened by the Romanian Government.

1. There shall be a disinfectant mat at the entrance to each agency

2. All those who will enter the agency must disinfect their hands, but also take their temperature

3. Access will only be allowed with a mask and it will not be taken down until you leave the location

4. The operating schedule will be shorter or the same, but with several laps, at least two

5. At the entrance to the shift, the temperature of all employees will be measured

6. There will be a maximum of two customers at the same time in the queue when depositing tickets

7. Obligation to indicate on the floor the social distance of 1.5 meters and pasting informative posters

8. Only one person will sit at the tables where customers complete their betting tickets

9. It is not allowed to park in the game room people who do not intend to bet/play

10. The time spent in the agency of a person will be a maximum of 5 minutes

11. Employees will wear masks and gloves throughout the program

12. Only employees can still use the water/coffee machines in the agency

13. Including in the space where the cashiers live, dividing windows will be installed

14. Air conditioning in betting rooms or casinos will not work at all

15. Agencies will be closed every 4 hours for total disinfection or stable and displayed intervals

16. There will be a dividing window between the gambling machines, the “pecans”

17. For agencies that do not install glass, only two out of three appliances will work

18. Only one customer will be allowed on each device, without another companion

19. The disinfecting gel will be available at each casino table, and the dealer will wear disposable gloves.

20. All chips will be disinfected before each game; there is a possibility that even the players wear gloves

With planned reopening and strict rules to be imposed, things wouldn’t be the same in casinos and other gaming centers. That’s why many enthusiasts said, they would rather play poker online while casinos are still in the heat of battling the risk of coronavirus.

Gambling Stocks – Opportunity or Risk?

Courageous investors have been able to experience high profits with gambling stocks in recent years. These have recently entered a clear bull market and have risen to ever new highs. For many investors, the question now is whether it is worth entering this market and paying the currently high prices. We take a look at recent developments.

Young providers as an opportunity

Recently, a number of listed casinos and bookmakers impressed with double-digit returns that were discontinued within a few months. As a result, investors were keen to secure a portion of this cake. At the moment, new online casinos are repeatedly succeeding in gaining favor with the players and attracting a lot of attention. Most recently, this applied to the young Videoslots Casino, for example. The games in video slots in particular were able to quickly measure themselves against the offer of the established competition and thus develop their own strength. In the Asian gambling market, take a quick peek at bocoran sgp.

Most young online casinos, however, are subject to a larger association. It is therefore not possible to purchase your share directly on the stock exchange. In any case, only the international players succeed in fulfilling all the requirements for the IPO. However, due to the small market capitalization, they have so far not been able to move up to the very large indices and attract the interest of new investors there.

No long-term investment

In addition, investors should be aware that buying shares is not a long-term investment. For this reason, anyone who is interested in building a custody account for financial security in old age should opt for other values. On the one hand, the high volatility of the paper suggests that it is primarily short-term speculative gains that can be made there. On the other hand, only a few gambling AGs tend to reward their investors with a dividend. Those who hope to generate passive income in the long term will be able to achieve greater success in other industries.

In addition, the gambling market is constantly changing due to unclear legal regulations and frequent distortions. This makes it difficult to find a company that can stay at the top for years or even decades. With the purchase, there is always the risk that a paper will lose significant value and that the entire investment will ultimately be destroyed. For all these reasons, it is worth considering the purchase of the securities as a short-term matter that can be associated with significant fluctuations in value.

Opportunities in the ETF

Many opportunity-oriented ETFs that have set themselves the goal of strong growth are now also taking the stocks from the world of gambling into their ranks. Since there are many other values ​​in the ETF, the price fluctuations balance each other out there. This is a good chance for investors to still be able to benefit from the growth of the industry, although the strong fluctuations in an individual security would not be acceptable to them. With low fees, many ETFs have another plus on their side.

Beating the House through Baccarat?

Anyone has the capability of beating the house by playing baccarat. There’s a catch though and it is the fact that you should be lucky to do it. Since there is no strategy or skill involved in this game, players purely based on their luck. Well aside from luck, you’ll need to have deep pockets as well since the minimums on every table may go north of 500 dollars. Again, this will depend on the table you will be sitting and casino you are playing at. This goes both in land-based and online casinos like Judi online.

Rules of the Game

Believe it or not, Baccarat is one of the most popular and yet, oldest games in the casino realm. It is otherwise called as Punto Banco, or a game of chance, comparing cards. 2 cards will be dealt to every hand for every coup from 4, 6 or 8 decks that are then shuffled together.

Every single card has corresponding point value with 10s, Jacks, Queens and Kings worth 0 while 2 to 9 are worth of their face value and Ace is equal to 1.

Highest hand value possible is 9. Assuming that the face value sums up to 2 digits, the right most digit of the sum is what’s used. So if you have 12, then you only have 2. If the banker and/or player gets an 8 or 9, then the coup is finished and a tie or winner is declared. Otherwise, drawing rules will be applied and a third card could be dealt.

Playing at the Baccarat Table

When it comes to the Baccarat table, it could be any of the following:

  • Midi
  • Mini or
  • Big

When it comes to Big Tables, it’s played in snooty rop-off area normally by high roller players. Mini tables on the other hand are usually found in main casino areas, which follow the same rules. Thing is, the game is a lot faster for the dealer is turning all the cards over. Then there is the Midi table, which follows the same concept except for the fact that the table is bigger and it is normally away in high-limit rooms.

Among the preferred way that people are trying to do in beating the house is by cheating the collusion with dealers or croupiers. In 2003 actually, a croupier at Crown Casino in Melbourne faced jail time for shuffling her hand in a way that will allow a high roller bag home 1.4 million dollars.

Money Management Tips To Be A Better And More Responsible Gambler

play Situs Judi Online nowSitus Judi Online offers a variety of casino games as well as other gambling games. It has become quite popular nowadays. Before playing, you have to register in a reliable and trusted gambling site making it safer to play as well as secure to deposit and claim winnings.

Playing Situs Judi Online could either be a great experience or a very bad one depending on how much you win or lose. Moreover, the result of your gambling venture, whether on online or land-based gambling sites, would also rely on your gambling capabilities. Although it is true that gambling is based on luck and chance, there are several things you could do so as to increase your chances of winning.

Bankroll Management Tips

One most important aspect to take note of is your money management or bankroll management as gambling obviously involves money. The last thing you’d want is to end depleting your bankroll, using your personal and household funds, and being in serious debt.

Below are some tips you could follow to become better at managing your finances as well be a more responsible gambler.

bankroll management tipsEstablish a Budget and Monitor It

A major aspect to take into consideration when gambling is your money management. If you create a budget as well as establish a certain win-lose limit, you could avoid losing an excessive sum of money. Moreover, establishing a win-lose limit will make you more cautious in your gameplay and betting especially as you’re about to reach your limit. Conservative and careful play frequently leads to profits. Pushing yourself to play with a specific budget will compel you to keep close watch on your bets on each gaming sessions you have. Every so often, players get themselves into trouble when betting carelessly. Not only will proper management ultimately help win more, but would also allow you to play more exciting online games on Situs Judi Online or other casino games, instead of squandering them all one game for a short period of time.

play situs judi online and win bigPlay Games with A Lower Skill-level

Although you may be a skilled player, many would recommend playing games that require a lower skill-level. The bets you place may be lower, however your long-term winnings could be much greater. Furthermore, an excellent way to increase your winning chances is to split your gambling skills among games with a lower skill-level and games with a higher skill-level. Betting in lower-skill games could function as a “security net” as you bet more money in games requiring higher skill games. As you become more skillful and proficient enough, high level-skill games will generate you more winnings and success.

Observe and Learn from How Other Players Place their Bets

In table games like poker, observe how other players wager and base some your wagers on it. When holding an awful hand, several players wager very conservatively. If you are a very keen observer, you will notice this and could use it for you to gain more advantage, as well as raise your wager. If you have an excellent hand, the best way to place bets is to increase it gradually to entice more players to call and multiply your projected winnings. Being observant and aware of the things happening in the game is an important skill to have when gambling.

Refrain from Betting Excessively

Many think that betting a huge amount of money will bring you more winnings. This may be true if the odds are constantly in your favor. However, this could be a detrimental practice. When you bet excessively, you will use up all your entire budgeted bankroll and may lead to major problems. Hence, stick to your set monthly bankroll budget, the number of gaming sessions as well as the budget for each gaming session. Moreover, learn to stop when you have reached your win and lose limit.

Bankroll Management For Your Online Slot Game Sessions

bandar slot onlineAnyone who has tried playing slot machines in physical traditional casinos are perhaps unconvinced that anyone could actually profit from online slots like bandar slot.

Yes! It is indeed possible to make enough money by playing online slots. You just have to bear in mind that online slots operate in a different way from slot machines found in physical casino, hence you have to create a strategy that would work well with online slots like the bandar slot online.

Online slots depend on random number generators. In fact, they aren’t random at all as they make use of elaborate algorithms for the next series of numbers to be determined. This would then mean that predicting the next sequence of numbers is possible if you could figure out the system.

Since these algorithms that create the random number generators are tremendously complex, only a few are able to decipher the next series of results.

But, since online slot payouts typically run between 96 percent and 99 percent, you simply have to predict the result better than most average players to make a profit.

Online slots like the bandar slot online are principally games of chance and luck. Although it is achievable to learn the system and formulate a method to gain profits and make money form it, other forms of online gambling, in general, give you more chances of succeeding at making a profit and living out of it.

slot bankroll managementBankroll Management for Your Slot Sessions

Regardless of the type of online casino game you choose to make money, it is important that you have a bankroll and a bankroll management system to ensure you don’t deplete your gambling funds and/or your other finances, which you aren’t supposed to use for gambling.

Players are highly advised by experts to have a plan to manage bankroll or gambling funds. Bankroll management is actually a multifaceted process consisting numerous major aspects that players have to take into consideration prior to hitting the slot machine.

Set and Stick to Your Bankroll Size

Before engaging in slots or any type of gambling game, it is crucial to set an amount of cash to utilize for playing slots.  It should be an amount you are ready to spend as well as to possibly lose. However, although it is a set amount for gambling, it doesn’t mean you have to deplete this fund every time you play.

Setting and sticking to your bankroll should ensure that you don’t touch our use any funds intended for other purposes like food, bills, education, savings, and emergency. Consider opening another bank account or debit/credit card.

Split your Bankroll by the Quantity of Betting Sessions

When you have determined your monthly bankroll size, divide it up into smaller amounts and according to the number of sessions you intend to engage and play in. By doing so, you limit loses. If you failed in the first betting session, you still have money left for your next sessions. If you don’t divide your bankroll, you might end up losing everything in your first session.

Select Coin Values Wisely

In terms of slot games, players who are inexperienced or are new to the game are advised to carefully and wisely choose what coin value to use. It only takes milliseconds to click the spin button and with a higher play denomination, you may wind up wasting and depleting all of your bankroll in less than 10 minutes. Moreover, it is important that you determine the amount of coins you wager for every active payline based on, of course, the amount you have set aside for that session.

Set a Limit for Losses and Wins

At times, there are players who don’t know when to stop and become greedy especially when they are winning huge payouts and wind up losing everything they have won. One important aspect to learn in bankroll management is setting a win-loss limit as well as to learn to be content with small winnings and to stop while you are still ahead.

3 Giants in Online Casino Fund Transfers

In the world of online casino transactions, funding the account using e-Wallets is extremely popular. One of its major selling points is that, being a user, you can simply store your card information digitally. Thus, you can have access to it conveniently and securely. With this said, if you have several cards, you can save the card information via digital banking method and utilize the data of respective card you prefer to use after selecting the e-wallet you are using as payment option.

Commonly Used e-Wallets for Online Casino Transactions

There are different types of e-Wallets just so you know. These include PayPal, Skrill and Neteller among others. Let us take a quick look on how each differ from the rest.

PayPal

This is perhaps the most popular e-Wallet worldwide. PayPal was able to keep its client base loyal to them for years. It has gained the trust of Europeans, North Americans and other customers all over the globe. The payment method was then bought by the biggest online marketplace in 2002, eBay. This has then made the company dubbed as the preferred payment option online.

Neteller

Neteller emerged to be the most successful and effective start-up payment channel. Neteller has been associated in the gambling world for a long time such as poker rooms and sports book. Back in 2005, the company has actually processed over 80 percent of gambling cash transactions and this led the company to pay over 300 million dollars in fees to be able to free themselves from troubles with US Department of Justice.

Since then however, the company made a decision to migrate to British Isles and then, diversified. It even sought partnership with MasterCard on prepaid cards. Even though the company isn’t raking that much these days, it retained its presence to being one of the biggest and most used payment options over the internet.

Skrill

This is previously known as Moneybookers that were founded in 2001. Skrill has emerged as the biggest rival of Neteller when it comes to online payment service. The company is then regulated by FSA or Financial Services Authority of the UK. Hence, it is among the secure and trusted electronic payment services that you will encounter. As the years go by, global payment service bought out several European Competitors. If you are thinking of a payment option to use, Skrill is by far the most convenient and popular methods available.

If you check this link alternatif Sbobet, you will definitely find these payment options in transferring money from your bank account to your online casino account.

Terms that You Must Know when Playing in a Casino

Just as with any other industries, casinos both offline and online such as situs judi online have jargons and lingos that are used to define the language used by players in different parts of the world. As for new players, they may impress friends by knowing these terms while for veterans, knowing these phrases can be a game changer.

Casino Jargons and Lingos

Majority of the casino terms have long standing history and will definitely add top-notch quality to next casino experience.

As for the terms you are about to find, these are general and what’s frequently used. So if you are ready, then let us kick it off!

Action – this is the term used for play on casino floor which includes slots and varieties of table games. Full service casino will be offering bingo and sports betting as well. Regardless, casino players could count on “action”.

Aggregate limit – this is in reference to the total payout liability for all casino games.

Bankroll – the term is used to identify the available funds in supporting the betting action.

Barber pole – a jargon that is used if there are two or more color/denomination in stack of chips.

Bet – simply speaking, the act of wagering on the casino game.

Card washing – it is a term for the process of shuffling cards in which the cards are all put down on table by dealer and sloshed around comparable to washing machine prior to dealing another game.

Buy-in – these are the monies that are converted into casino chips prior a player can start playing any casino game of their liking.

Card sharp – expert card player who are found at money games similar to blackjack, baccarat and poker.

Dirty money – these are the losing bets acquired by dealer.

Dollar bet – it’s actually a lingo for players who made a hundred dollar bet.

Discard tray – this one is the term used for tray placed on right side of the dealer where either the discards or played cards are stacked. Game examples could be anything from poker, blackjack and baccarat.

Dime – if dollar bet is for hundred dollar bets, then a dime is to a thousand.

Case bet – this basically includes the remaining chip on the table or we can simply say, it’s all-in.

Casino advantage – the house edge or casino advantage is basically the percentage in which the house or the casino is likely to win over players on each game.

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 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 whether the casino has a 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 on where you play because technically, the comp you get from a land-based casino will vary from an online casino site like pkvgames.

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, a 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.