Archive for November, 2010

Dead Man Trys to Reign in Wife’s Gambling Habits

Monday, November 29th, 2010

Reading the international press sometimes is entertainment in itself. Sometimes you pick up on the weirdest stories- like the one I saw in the Australian press this week. The Sydney Morning Herald reported about a guy who died from a long illness and left behind a very specific will. I should add that the man, Ron Hoolahan, was a very wealthy gentleman who had an estate worth more than $15 million.  While he clearly loved his wife and four children (professing so in the letters accompanying his will), the terms of the will came as a shock to his widow Juliana.

Hoolahan apparently didn’t trust his wife with handling his estate, particularly since he claimed she had a bad gambling habit , and so he stipulated that she would get a restricted income of $85,000 a year instead of being able to decide for herself how to spend the money. “I believe you think you can win at gambling, particularly the pokies,” he wrote to Juliana. “You should be well aware by now that this is not the case. You can only use this money once, then it is gone. Please be careful.”

He also criticized her drinking habits, claiming that she drank too much alcohol and that “you say things when you have been drinking that you normally would not say.”

Nevertheless, Juliana wasn’t going to let her husband bully her from the grave and took the case to the Australian Supreme Court.  After quite a bit of deliberation, it was ruled that the widow should be given the money of the estate without the stipulations made by her late husband.  The court found that while Juliana drew up to $1,000 at a time at busy pokie clubs and admitted spending the money on popular casino games, she clearly didn’t have a gambling problem as her spending patterns were consistent throughout the years with no major changes. The outcome of the case, according to the newspaper, was that the idea of an annual stipend was done away with, and instead, the wife received millions of dollars to do with as she wished, plus the family homes and boat.

Online Gambling is Top Gaining Internet Category

Thursday, November 25th, 2010

This week, the results of the ComScore marketing research survey came out and – not surprisingly – online gambling sites ranked tops in terms of growth. According to the report, online gambling sites were in the top gaining category in October, 2010 and it is expected that these numbers will continue to grow as internet wagering becomes more and more mainstream.

The report showed that online gambling sites were visited by 32 million unique visitors (ie. those originating from the United States) in October. This means that numbers were up a staggering 141% compared to September 2010 when ‘only’ 15 million people visited these sites. This means that online gambling is the highest growing site category for the second consecutive month.

Analysts with the market research company believe that the reason for such a strong growth is due to the World Series of Poker tournament and interest in this event. This is reflected in the staggering number of people who visited Full Tilt Poker with 4.7 million visitors in October – up from 12% in September.  Arch rival, Poker Stars also saw millions of visitors, with 2.5 million visiting in October.   Another poker site that managed to attract 1.8 million is Ultimate Bet, which works off the Cereus Network. This controversial online poker room ran a very successful Perfect Play promotion which definitely caught the public’s attention, as can be seen by the sheer number of visitors. It’s sister site on the Cereus Network, Absolute Poker notched up 1.6 million visitors – a growth of 19%.

It wasn’t only poker sites that showed an incredible growth. Sportingbet PLC, the English sports betting company, saw a huge growth of 39%  – to 1.4 million visitors.

Why am I telling you all this? Because the facts are so fascinating. The ComScore research looked at the entire internet here and online gambling still came out tops in terms of growth. Other subjects that featured at the top of the list (second to online gambling in descending order) were: Entertainment – humor; Retail – Computer software; Services – ecards; Retail – Flowers, gifts, greetings; Entertainment – movies; News/Information – politics; Retail – Toys; Services – Photos; Travel – Ground/Cruise.

Royal Wedding Prompts Massive Novelty Betting

Tuesday, November 23rd, 2010

Thirty years ago, when Prince Charles and Lady Diana got married, punters flocked to High Street retail bookmakers to place their bets on anything and everything about the event. Fast forward to this month and, with the announcement that their son, Prince William and his girlfriend, Kate Middleton are FINALLY getting married, betting on the event takes on an entirely different proportion, thanks to the internet.

Punters who like to take a break from their favorite online casinos to dabble in sports betting are familiar with the novelty betting section at most bookie sites. This section offers markets on anything current, novel and ‘now’, including the weather, popular TV shows, political events – and, now, the upcoming Royal Wedding.

Bookmakers have reported that there has been a massive influx of betting on this event, which is due to take place in April next year.  Punters can bet on absolutely anything about the upcoming wedding, including the date, the location and the weather on the day, as well as the designer of the bride’s dress, the name of her maid of honor and even the color of the Queen’s hat!

An interesting aside to Royal Wedding betting is that bookmakers are counting on the fairer sex to push up revenues even more. Nobody likes a story with a happy ending better than the ladies out there, and this event promises to have all the ingredients of the ultimate fairytale – Handsome prince meets commoner at university fashion show and against all odds make her his wife. As women around the globe swoon in satisfaction, bookies are hoping that many of them will flock to their online betting sites to get in on the action and make some cool cash in the process.

Other bets include where the newlywed will honeymoon, with a firm favorite being Kenya (5/1). It was in Africa that Prince Wills proposed to Kate, reportedly in a remote hut  deep in the heart of the continent. With all the ingredients to make this the Event of the Century, and hundreds of betting sites offering interesting markets, it should come as no surprise if bookmakers profit significantly from the next royal wedding.

Interesting Facts About Baccarat

Sunday, November 21st, 2010

The casino game, baccarat, may be less popular than other casino games such as roulette and blackjack, but it has definitely achieved an incredible following of fans that total literally millions from around the globe. This simple to learn card game has its roots steeped deep in 15th century Europe and is considered to be an elegant game that has stood the test of time.

Here are some interesting facts that I bet you didn’t know about baccarat:

1. The game of choice among high rollers at Las Vegas casinos is baccarat. Loaded players are drawn to the high betting limits and top prizes that can be won, as well as the exclusive reputation that baccarat enjoys. It is not rare to find players wagering on $100,000 hands – certainly not a pastime for the faint-hearted! As an aside, over 70% of the high rollers who visit the casino floors at Vegas casinos are of Asian origin.

2. Baccarat offers a great value bet – with odds on the banker bet (in 6 or 8 deck baccarat) only 1.06%. It is not surprising then, to learn that the famous Crown Casino in Melbourne, Australia, lost a staggering $55 million at its baccarat tables to high roller players in the months October and November, 1997!  In the same vein, on the first night that baccarat was offered at the Sands Hotel in Las Vegas, the casino lost  $250,000.  Also, baccarat – in its multiplayer form - was shown to be the best returning game at the Sands in the year 2002, with figures of a very impressive 98.5%.

3. Baccarat (or chemin-de-fer) enjoys popular representation in mainstream culture. The game is a firm favorite for Ian Fleming’s  James Bond, and the secret agent is regularly featured in movies such as Casino Royale playing the game in one format or another.  Other 007 movies where the game features include Dr. No, On Her Majesty’s Secret Service and For Your Eyes Only.

4. Baccarat enjoyed a fantastic growth in popularity with the advent of online gambling, and it is one of the more popular games among internet punters at some of the best online casinos in the market today. Online baccarat is very easy to play and has great returns!

Barney Frank: The Fire Behind US Online Gambling Changes

Thursday, November 18th, 2010

You may have heard his name thrown about in online gambling circles but Barney Frank is definitely more than just a general supporter of changes in the current legislation governing the United States. Frank has been described as the fire behind the movements pushing for a complete revolution of the controversial Unlawful Internet Gambling Enforcement Act (UIGEA) and his efforts are being felt everywhere – from grassroots groups to Capitol Hill.

So who is Barney Frank exactly?

If it’s dry facts you’re looking for, Frank is a member of the US Democratic Party, who has been serving as a House Representative for Massachusetts’ fourth congressional district since 1981. He is also currently Chairman of the House Financial Services Committee (a role which has helped him build a platform to have the pro-online gambling argument heard by members).  All in all, he is considered one of the most powerful members of the US Congress.

On a more personal note, Frank became the second openly gay member of the House of Representatives and has often been given the title of being the ‘funniest’, ‘brainiest’, ‘quick-witted’, and ‘most eloquent’ politician in regular surveys run by the Washingtonian.

Frank’s battle to get online casino games legalized and regulated in the United States is a strange one, considering the fact that he, himself, is not a gambler. However, it stands to reason that his fights have always been for civil rights and the freedom of Americans, especially those in the minority, and thus his connection to internet gambling freedom is explained. His most famous quote on himself was: “I’m used to being in the minority. I’m a left-handed, gay Jew. I’ve never felt, automatically, a member of any majority!”

Over the years, Barney Frank has partnered with other politicians to try and get the UIGEA overturned and to push for changes in the current law so that Americans can vote at top online casinos safely and legally. His latest proposal, HR 2267 - which has attracted 70 bi partisan co-sponsors  – was voted forward by the House Financial Services Committee (41:22). It is now waiting to be voted on by Congress in a last-ditch attempt to see changes in the law before the end of 2010, in what is known as the lame-duck session. Frank has expressed his pessimism about the bill being passed this year, but his efforts are definitely paying off as the topic of online gambling in the US comes more and more into mainstream conversation and his bills continue to garner more and more support.

A Lady’s Guide to Poker Table Fashion

Tuesday, November 16th, 2010

Your best friend has invited you to a Ladies Poker Night, one of the hottest forms of activities in social circles around the world. You may have a mild inkling on how to play the game, but you’re not going to fill your head with the rules of poker and things like that, are you? You need to think seriously about what you’re going to wear to this important event! 

Here are a couple of things you need to consider when making the decision about your poker game wardrobe.

1. Casual does it – Poker experts tell us to keep your dress code casual. You’ll be spending long hours (hopefully) around the poker table and you’ll want to be comfortable. But casual is such a broad definition. Do they mean smart casual, sports casual, beach casual… the options are endless!

2. Keep on the sunglasses – Yes, we know that the invitation calls for you to arrive at 7.00 pm (and yes, we know you’ll arrive at 7.30 because the “elite arrive late”), but it’s well worth packing your sunglasses in your bag. Poker pros say that wearing sunglasses will allow you to remain more anonymous and will prevent others from reading your eyes and other body language. Sunglasses help you bluff and are a must-have accessory around any Ladies Night poker table. Your biggest dilemma, of course, will be whether to stick to your trusted Diors or try a hipper look with this season’s latest Raybans.

3. Bring a bag – The size of your bag tells your opponent on which rung you’re standing on the confidence ladder. Turn up with a pocketbook the size of your cell-phone and your body language screams ”I know that I’m going to leave here with nothing, so I might as well bring a color-cordinated purse that fits in my palm” OR you can bring your carry-all that goes with you on overnight trips and tell them all, in no uncertain way, that you intend filling it to the brim with all your winnings.

If you find yourself with your entire wardrobe on the floor at 7.00 pm on the night of the event, with absolutely nothing to wear, you can always opt to stay in and play online poker. At least nobody will care if you’re wearing your college sweats and your hair’s a mess!

Finding the Hottest Slot Machine

Monday, November 15th, 2010

Slot machines found on a typical Vegas casino floor are controlled by Random Number Generators, meaning that it is impossible to predict when the jackpot will hit. As such, slots are considered a game of chance (compared to say, blackjack or poker which are considered games of skill). However, there are still several things that you can do to increase your chances of winning when you hit that floor!

1. Find out which casino has the highest payouts.  State legislation usually dictates how low the payouts on a slot machine has to be, but nobody can tell a casino how HIGH the payouts can be. Check out the payout rates at different casinos and stick to those that have high numbers. Also, a point to remember is that the best online casinos usually have higher payout rates than the typical Vegas casinos, so it’s worth checking these out too.

2. A rule of thumb is that classic reel slots have better payout rates than their video slot counterparts. While there is obviously more entertainment involved when playing video slots, you may want to test out this theory and try some of the cool classics that grace casinos in Vegas.

3. Insider casino information notes that some establishments will place their high paying slot machines near public walkways, rest rooms, etc. so that when the machine hits, more people will see the win and will also run to play slots in the hope of winning too! It makes sense, then, to seek out machines that are well located in public areas and try your luck there.

4.  Stick to lower denomination slot games. If you have a choice between a slot game that is a 25c machine or a $1 machine, stick to the former. It that way, you will not lose all your money quickly and if you are on a winning spree, you will get to spend more time at the hot slot machine and make even more cash.

5. Listen to what others are saying. Nothing beats a recommendation like word of mouth. Listen to what your friends and colleagues are saying about the best casinos in town and the loosest machines and take yourself down to the casino to try it out for yourself!

Gambling is Legal in Sri Lanka Too!

Friday, November 12th, 2010

Once in a while I focus the attention of this blog on far flung geographical destinations to showcase their gambling laws (or lack of them). I am now pleased to add another country to the list of those that have received the green light to offer legal gambling activities. After 25 years of civil war, Sri Lanka is keen to get the tourists back and has decided that building casinos in specially designated areas will do a lot to attract foreign visitors. It shouldn’t be forgotten that this island state is very well situated in the Indian Ocean and boasts amazing beaches, lush tropical forests and a diverse landscape.

This week, the country’s parliament passed legislation by a large majority (114 – 33) to allow President Mahinda Rajapakse to issue licenses to operators who will run casinos in areas set up for that very purpose. Tourists have started flocking to Sri Lanka once more, thanks to the end of the civil conflict, and the government feels that casinos will bring in even more. They have seen how casinos have transformed areas such as Macau and also want to be able to lure in the high rollers or just the casual recreational gamblers holidaying with their families, who want to enjoy a few spins on the slot machines.

A number of foreign operators, especially from Singapore, have indicated their intention of applying for licenses when they become available, in a bid to construct glitzy, Vegas style casinos in the areas that the government will set aside.  Of course, not everybody is happy about the new legislation. Sri Lanka is typically a very conservative state that frowns upon anything that could be construed as ‘immodest’. Drinking in public, for example, is not allowed, and the government censors TV shows where adults are seeing kissing, or people are drinking alcohol. So how will gambling fit in to a country that is so traditional? The government believes that it is quite able to find a balance between the country’s cultural make up and traditions and the casinos that are soon to be built. Careful planning, strict licensing and regulation, wise decisions and a strong vision will enable the country to benefit from the income and visitors to take advantage of gambling in the best casinos in one of the most beautiful destinations in the world.

New World Series of Poker Winner Brings Pride to Canada

Wednesday, November 10th, 2010

This year’s winner of the WSOP Texas Hold ‘em Main Event is a young 23 year Canadian who was practically unheard of before he became part of the November Nine team of final table participants. Jonathan Duhamel became the first Canadian to win the poker event, and was swamped by a cheering crowd who came to support him after his victory. Among the crowd were over 150 friends from Montreal dressed in red, blue and white – the official colors of the Montreal Canadiens hockey team. Duhamel is a keen hockey fan who once entertained the notion of becoming a professional, before he realized that he simply wasn’t up to standard.

His switch from hockey to poker, however, seems to have been a move that is definitely paying off. The player, who has only won $50,000 by placing 10th in a European tournament in the past, took home a staggering $9 million in prize money, together with the coveted WSOP bracelet. But it seems that the biggest prize of all for Duhamel is an invitation to appear as the guest of honor at his favourite hockey team.

It will definitely be a change of pace for Duhamel, who, until now, enjoyed total anonymity, spending his days playing at his favorite online gaming sites and his nights hanging out with friends and a beer, watching hockey games.  He was asked how he felt now that he was the most recognized name and face in the poker industry these days. “It’s weird but it’s kind of fun at the same time,” he said. “I’m not used to people asking for autographs. It’s new for me but I enjoy it a little bit.”

The modest player has also promised to donate $100,000 of his winnings to a children’s charity in Montreal. He also said that he’d spend some of the money on season tickets to NHL games and he intends to travel around the world.

Since 1990 only a handful of non-Americans have managed to win the title. These include Peter Eastgate from Denmark, Australia’s Joe Hachem and Noel Furlong of Ireland. As such, Duhamel’s win is certainly a source of pride for Canada!

Hat Trick for Lucky Lottery Player

Sunday, November 7th, 2010

OK, I think I heard it all this week.  A guy from Florida won a seven digit lottery sum for the second time, and then rubbed salt in our wounds by claiming a triple whammy. The gambling story goes like this: Robert Marsh from Port Charlotte, Florida played the Billion Dollar Blockbuster scratch off game last year and won the incredible amount of $1 million. This must surely be what dreams are made of and Marsh was probably the happiest guy alive when he heard of his windfall.

BUT that didn’t stop Marsh playing the lottery again and only one year later, the guy did what many statisticians believe to be impossible – he won the lottery for the SECOND time. This time, however, $1 million wasn’t enough and Marsh took home TEN times that amount! There’s a great picture of Marsh holding up his check for $10 MILLION and he became the talk of the town.

But here comes the part of the story where people go from envying the guy to using his picture as a cut-out dartboard. While standing in line to verify his win, Marsh stuck his hand in his pocket and pulled out another scratch card that he hadn’t yet checked. He ran it through the machine and found that he had won another $500 on that card! A few minutes later, he was told of his $10 million win!

Marsh isn’t the only person in history to win the lottery multiple times, of course, (although his tale has that element of irritation in just because of the last $500!)

Ernest Pullen from Missouri, for example, won $700,000 (post-tax) on the state lottery in June this year, and then just two weeks later, he paid $5 for another scratch card in the Mega Monopoly casino game draw and won top prize of $2 million! Amazingly, Pullen was reported to have reacted to the win in a totally normal way, and only said – as an understatement of the century – that he was a very ‘lucky’ man. He also said that he plans to spend some of his winnings on DIY projects and materials around his house. Hey, with that type of cash, who needs to pick up a hammer ever again?!?

 
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