Author: David Ellefson

Casino

Virtual Casino Halls Follow a Profit Time Margin

When does a virtual casino reach the harvesting of the revenues to possibly recoup the initial investment (that would usually amount to thousands of dollars) that was made or, perhaps, be added to the Internet funds to keep the business operations moving on a smooth manner?

The truth is, the time span for a particular virtual casino to reach the top rungs of the economic ladder cannot actually be determined.

However, although this is so, most of these gambling halls follow a certain profit time margin that is not that similar with one another.

Can’t follow what we are saying? All right, allow us to explain it further for you.

This profit time margin is indefinite, and is mostly devised to answer the demands of their earlier goals that the people behind these businesses had come up with. There are no actual similarities with the time frame of the other businesses online with regards to garnering their “perceived” profits.

In truth, it actually boils down to the marketing arm of that particular gaming hall. If this has done great deeds to the business – meaning, it was able to welcome more Internet traffic to their site, well, then, you would be assured that a good amount of funds would be pouring in on that particular gambling house soon.

What you need to know is that how fast or how slow things would move on the online world would depend on the marketing procedures of this business. There are no shortcuts to glory, as some people may say. But, if the people handling the online business would see a possible way to this, then, the route to success and profit may be within reach for them in a shortened period of time.

So, when do these things reach great remuneration for the efforts of the people manning this business? Allow us to repeat what we have mentioned in the previous paragraphs: There is no actual time frame or no exact profit time margin that is being followed by these businesses.

Whatever manner the business would be going to depends on the superiors, personnel, and of course – as mentioned – the marketing gimmicks that bring in the traffic that is needed by a certain hall to survive the online demands.

Yes, it’s in their hands, and it will be in your hands, too, if you’re willing to venture into this field.…

Gambling Addiction Time to Evaluate Yourself

It is an undeniable fact that casinos, whether land-based or online, have always has the edge over gambling. All casino games are definitely designed to let the casino win in the long run of the games. Today, online gambling is already a very big industry on the Internet and the annual earnings is estimated to be $20 billion and more. So when you engage yourself in gambling, it is best to really know your limits and understand who truly has the real edge of the games.

About two to three percent of casino players are experiencing problems brought by excessive gambling. Online casinos today are now giving some of their attention to truly understand each of their players. They need to make their players understand that gambling can be a habit that is really addictive. And for players that are already experiencing gambling addiction, assistance is always available for them.

These are the following symptoms that a player is already into gambling addiction and use this to evaluate yourself and your gambling habit.

– You already ignore your work or family members for gambling. – You always feel some regret for gambling and frequently said that you will quit but still return back to gambling. – Each gambling session you have, you tend to spend all you have in your pocket and more. – You are having secret gambling sessions because you don’t want others to know it. – You go gambling in order to get back what you have lost and when you win, you wouldn’t stop gambling. – The money you spend in gambling is reserved already for all your bills, for special events, or for family affairs. – You go gambling because you want to celebrate something or you want to forget the problems you are currently facing at.

After evaluating yourself and you feel that you need some help with regards to your gambling habit, there are many organizations that can truly help you overcome that addiction. You need to find a Gamblers Anonymous group and then join them in following the step by step process in order to control your gambling addiction. This process is usually modeled after the Alcoholics Anonymous group.

Gambling addiction is not unknown to the online gambling industry. These issues are being already acknowledged and usually, if players are displaying the symptoms of gambling addiction, online casinos give proper advises to …

Economic Reports of Gambling Behavior

Economic reports of gambling behavior upholds that people gamble to gain profits.

Whereas economic theories conclude that people, generally, are logical – they must acknowledge the phenomenon of progression of gambling despite financial loss. In short – why do people still gamble when the odds at winning are incontestably not in their favor?

An economic literature showed gambling participation’s three main arguments:1) bettors are unaware of their odds of winning; 2) amassing possible wealth overcomes the adversity the true odds, and 3) elite individuals gamble to show their social status.

Economist Adam Smith of the eighteenth century broadened the idea that gamblers don’t understand their odds of winning. Furthermore, Smith also said that gamblers are influenced with conceit, and a heartless individual will wrongly calculate the true chance of a loss and distending the chance of winning.

One of the earliest modern researchers to investigate Smith’s idea was Robert Griffith, who studied the betting designs of horse race gamblers in 1949.

After studying the results of approximately ten thousand races, he said that horse players are mainly a sophisticated, logical group, and the the socially persistent probabilities on horses in races are on the fair accurate reflections of the horses’ chances.

Though Smith found a meager unchanging bettor bias, detracting the low-odds horses and overestimating the high-odds horses, the last odds are moderately accurate: the lesser the odds on a horse, the higher its probability of winning.

The conclusion that horse players, all in all, are excellent estimators of odds was duplicated by a few sequential studies.

Wayne Snyder, after evaluating the completion of thirty-five thousand races in 1978, established that horse race betting is a competent theoretical market because of these offers: 1) easy entry, 2) a huge number of participants, 3) comprehensive information, and 4) figures that reflect all information at hand.

He advised that in terms of adaptability, there were enunciated parallels between the stock market, and gambling in horse races. This research disproves the idea that gamblers are unaware of the probabilities against their winning.

Milton Friedman and L. J. Savage presented the utility-of-wealth approach and theorized that logical individuals will gamble if they put high value on the odds of acquiring a great increase in wealth that will permit them to clearly improve their socioeconomic ground.

Inside this context, a gambler could rationally decide to buy a small chance (with acutely extended odds) in the …

Bringing Out the Casino Winning Strategy in You

What are the casino player’s strategies? Would that be possible? How can I win those strategies? Those are just some of the questions that you have in your mind.

Since the popularity of gambling increased, you might be bombarded by countless tips, strategies and techniques to win in any casino game, making you skeptical to utilize them. But, in reality, the best strategies that casino players should know have been overlooked. These are the innate capabilities that each player have but failed to recognize.

Start evaluating yourself and your winning capabilities. The following tips could help you out in unraveling these self-induced strategies.

Defining optimum

Optimum is the ability to bring out the best or most favorable outcome or result through careful consideration of all possible outcomes. In gambling, finding the best move to reach the best result can be done if you carefully weigh the possible outcomes of your decision. Although luck still plays a part in almost all casino games, if you take into consideration your optimal strategy and skill, you might see yourself be luckier than those others who seem to have ran out of luck.

Knowing yourself

Before playing any casino game, you should take time to know yourself. Identify your main objective in playing the game. Are you going to join because you want to win the jackpot? Are you there just for the thrill and experience of playing the game? Or, are you there just to pass up your time? These are just some of the factors which would determine how badly you want to excel in that game. Also, you should be able to set the parameters in your game. Always know your limitations. Determine how much money you are willing to lose, just in case. But, when you could not resist from having another round of that casino game, just think that there will always be tomorrow.

Believing in your potential

Each and every casino player has a potential which can be explored and maximized. But, the key to unlocking your potential is gaining the right kind of confidence as a player. You can be confident if you really know the rules of the game. Do not let the pressure of winning the much-coveted jackpot block that confidence in you. However, you should remember that you only need to obtain enough confidence and never reach the overconfidence level. Start with learning …

Why No Gambling System Can Beat the Casino

While many players believe that adopting a gambling system will increase their chance to beat the casino house edge, the casinos are pleased to welcome such notion by gamblers knowing that there is no such system to definitely beat their house advantage.

Literally all casino games are played with an innate house advantage which ensures that casinos will earn a sure profit from their games. Even the game of blackjack and poker known to beat the house advantage with a good skill and game strategy are still played with a house edge.

Except for the card counting in blackjack, there is no other system that can change the house advantage imposed by casinos to their games. Casinos have created counter measure against card counting system their random shuffling system when playing online blackjack which prevents the player’s ability to perform an accurate card counting in their game.

The progressive system can be positive or negative progressives. What is considered to be an ultimate gambling system is to bet more when a player is enjoying a winning streak through progressively increasing the bet placed when gambling. When a losing streak seems inevitable, a gambler needs to go back betting to the minimum.

This system is often referred to as the positive progressive system which is not entirely effective due to the fact that gambling is a game of odds and probabilities that gives completely unpredictable results. There is no way to know whether the next game of a player will give them a hot or cold streak.

The Martingale system commonly known as the negative progressive is under the principle of doubling one’s bet when they are losing with the hope that a player can win back their losses. This is the most dangerous type of betting system when gambling and any attempt of doing this is discouraged.

What makes a gambling system work initially when gambling is the short term probability fluctuation where a player can decide to quit anytime they want but many gamblers failed to quit when they are already ahead and the long term advantage of the casino house edge always get the best favor from a player’s gambling activity.

Casinos are open 24/7 and they undoubtedly have unlimited funds. Even if a player may be consistently playing with a gambling system, they are less likely to sustain longer gambling activities to win more. No question …

Online Gambling Win More, Lose Less, Stay Safe

Online gambling is great fun, especially when you win. In fact, it’s so much fun that if you’re not careful, you might get hooked. Like excessive eating and excessive exercise, excessive gambling is not so good – especially when you lose.

So how do you minimize the risk of excessive gambling – and losing – online? How do you win more, and enjoy more, in the process?

Here are five ways to help you win more, lose less, and stay safe while gambling online:

1. Know your game. Understand the rules, understand the tricks, understand the ins and outs of your games. It follows, naturally, that you should limit yourself to playing one or two games. It would be very difficult to master 3 games all at once.

2. Keep a sound mind in a sound body. Gambling is challenging enough when you’re awake, alert and in full control of your wits. Don’t try to gamble when you are sleepy, fatigued or drunk: You won’t enjoy it very much, especially because you will most likely lose.

3. Use a debit card. This is the safest way to bet in an online casino because a debit card has a limit. Once it’s empty, it’s empty. In fact, it would be best if you transfer its contents first to a “safety” account and leave only what you’re prepared to lose for that day. Which brings us to number 4:

4. Be prepared to lose. Gambling is not your job. Right??? Don’t expect to earn money from it. You pay money for your other entertainments, and you pay money to gamble. Let me say that again: Be prepared to lose.

5. Pocket your winnings. Don’t use your winnings to gamble some more. Keep track of how much money you had when you started, and when you win something, pocket the extra – if there is an extra – and play with whatever was left. At no point should you play with more money than when you started. Whatever goes into that “winnings pocket” should never come out again as long as you’re online.

With these five basic tips, you can be sure to keep your online gambling a safe and enjoyable activity. Remember that in any sport, the key to success is self-discipline and a love for the game itself, not for the material rewards. Just apply the same principles to your online …

Online Gambling The Use and Abuse of Virtual Play

What is it with online gambling and players going overboard? By “overboard,” we actually mean going beyond leisure and fun, and already banking on the levels of reaching an addictive state where mere play is never the same again.

Although the system is basically the same with any online gambling site, it’s the players that are driving themselves into a different phase where most of them are incapable of getting out of.

So, when does abuse of virtual play actually start?

Well, for a single playing session, that’s still not a possibility since that would usually be the time for a certain player to still lightly trek the Internet grounds, and get to know how it is to fully experience the excitement that these things bring.

The first few stages of getting to know things on these tournament grounds are still safe. However, if a particular gamer spends all the time in the world just sitting in front of the pc’s screen, eyes a bit glazed and glued on the games, and playtime would be the only source of living, well, that would already be a huge predicament.

It’s so easy to get addicted. That’s a fact. But, since every one has a choice between having a good balance of things and ending up in the shackles of addiction, well, it’s still more of a preference of the person if this person would like to be in control of virtual play or be (solely) controlled by it.

This doesn’t necessarily mean online gambling is bad. Taken as it is, it’s merely a source of entertainment and leisurely pleasure.

But, when things go haywire in one’s personal life, that’s a sign that playing has already managed to infiltrate and destroy one’s life. And when this intervenes in that way, well, it’s time to move away for awhile, and concern one’s self with other important matters in order not to stay too dangerously hooked and hopelessly stuck with addiction.

So, one may think that if it’s a personal preference, then, it’s so simple to choose having a good grasp of leisure, work, family matters, and other crucial things – all nicely balanced in life.

Well, not so, as certain polls regarding this have shown.

What is needed, then, is to set realistic goals and strictly follow certain limits that one would implement on one’s own.

This involves amounts that would be used …

Online Casino as a Form of Living

The growth of online casinos is considered as a phenomenon in the gambling industry. This is because a lot of people find online gambling as an easy access to the world of gambling and entertainment. Gamblers can also save a lot of money by just playing online rather than traveling to a land casino.

There are actually 2 types of people who play in an online casino and these are people who are just looking for fun and people who want to make a living out of it. Some players of online casino are playing for the sake of thrill and excitement while there some players who play for the sake of money and use it as a form of living.

In order for a player to earn money in an online casino, one should sign up and open an account on the said casino. One could choose to use a credit card or transfer money from one’s bank account. Once the player has enough funds, one can start playing the games online by choosing which game to play.

A player should have a plan or strategy before playing. Having a good plan or strategy will make an individual win in the game. A player should be aware of the rules of the games, as well as the other skills or techniques needed for a specific game in order to win.

If a player wants to make or earn more money a player can actually start creating a team wherein all the players on the said team will share the money. If you will create or join a team, you need to ensure that the team where in you will be joining is made up of players who often play in an online casino and those that are not afraid of tough or difficult challenges. This is to ensure that you will be earning more money rather than losing.

In a specific team, the members should be discipline enough to play a specified number of hour everyday and play it good to meet the team’s goal which is to earn more money. The better and more discipline members you have, the higher the chance of winning in a game.

Online casino really made its trademark on the world of gambling industry. A lot of people nowadays are depending on these types of casinos to make a living and earn profit. …

UK’s Public Responds on Online Casino Statement of Principles

The United Kingdom Gambling Commission’s Statement of Principles regarding online casino activities was presented to the public and is currently under review.

The United Kingdom Gambling Commission’s Statement of Principles regarding online casino activities was presented to the public and is currently under review. The organization invited the public to read the online casino policies and respond via post or through the Gambling Commission’s website. This document, published in January 2006, lists the values and principles the government intends to use in its efforts of regulating the online casino industry.

Among the issues to receive most of the feedback, were the measures proposed by the commission to prevent under aged youth from unhealthy exposure to the online casino world. Public attention had also focused on other subjects, such as security in the online casino industry, fairness and the connection between gambling online or off line and illegal elements. Responses to this document were received not only from online casino owners and users of these online casino sites, but from many other groups who wanted to have their say on the matter.

The Statement of principles is the first document publishes by the commission regarding online casino gambling. This publication is the first step in the process of regulating the online casino industry. Licensing terms and codes of online casino games are to be published in future proposals expected later in the year 2006. Peter Dean, chairman of the Gambling Commission, has stated that feedback on the Statement of principles from diverse groups, such as consumer protection groups and religious organizations, are gladly accepted by the commission and the public is encouraged to continue doing so.…

Casinos Is Appearance Important at the Halls

All right, you are ready to try your hand at the local casinos around your area, and see the difference of feeling like a winner at these halls versus your love for easy winning on online halls. What can you use to help you win a good amount at these halls?

Let’s say that you already practiced your favorite game of chance for many times with your friends. You already know its online version very well. What else should you consider to help give you that winning feeling even before you start the game at these traditional halls?

If you’re ready to win at these local casinos, you may try an age-old tactic of feeling like a winner by looking like one.

That’s right. Dress right, and see if you can make the tables turn to your advantage.

So many pros will be quick to say that this actually works. But how can this help you? Here are two reasons why this trick can give you a winner’s feeling all over.

* First, it gives you self-respect. When you dress right, you give yourself a dose of self-respect. This is clearly important since you are to go on a challenging and yet fun experience at the gaming halls. When you have a deep sense of respect for yourself, it will also be the automatic response of others whom you are to deal with when you get to the gaming tables. What happens then will be a fun gaming environment for you and the others.

When there is respect, there is an invisible sense of pride that you can have. And, as mentioned, this feeling doesn’t end with you. It will also be how you would react to the other players at these halls. That’s correct. It can be extended to others because that is how you also treat yourself.

* Second, it makes you confident to take on the challenges of the game you like. Dressing up for the gaming occasion never fails to make you feel confident. When you are dressed for the occasion, this adds to your confidence in the game plan that you have planned for yourself.

You feel like a winner, and, therefore, will be able to act like one.

Traditional casinos call for those who would like to win, and are able to show that they can win through their calculated moves, and also …