Gambling: The Most Profiting Online Business
20 March 2013
On the 18th day of the month of August in the year 1995, Internet Casinos Inc. became the first internet casino, offering 18 games. Today the online gambling industry boasts of 1400 odd websites and a turnover of 3 billion dollars per year. It is even more interesting to note that no other online business yields such high revenue than online gambling. Of the entire fraternity of online gamblers, 30% are based in Asia.
The Procedure of Online gambling and Sports Betting
Placing an online bet is a matter of just a few minutes. If one has a credit card to his name, he can get registered with an online gambling website and open an account for himself. Through this account, he can place bets of major sport events like cricket, Wimbledon, Formula One, horse racing etc. One can also opt for virtual casino games like poker, roulette, poker, blackjack etc. A bet can range from a few nickels to several thousands of dollars.
Posted in: Online Gambling, Online Game, | Comments (0)
Corruption within the sports betting world
21 November 2012
You might even remember back to the famous Pakistan cricket spot-fixing scandal, which involved several members of Pakistan’s national cricket team. Those involved were caught and convicted of accepting bribes from bookmakers in 2010.
Some of the world’s most popular sports, including Football, Cricket, Cycling, Snooker, Horse Racing, Athletics, Tennis and Boxing have at some point been in the spotlight for some kind of match fixing claims. Baseball was also rife with corruption at one point, plus there is an endless list of other sports that have had their fair share of scandals. It makes you wonder how, at such a top level, this is possible?
Posted in: Gambling History, Gambling, | Comments (0)
How to lose a winning hand in poker to feign your opponent
19 October 2012
Occasionally you will need to show your cards, for example when you go to a showdown. However the best advice for players is, where possible to hardly ever reveal your cards. After playing for a while and learning poker etiquette, you should naturally learn when it’s suitable to show your hand.
Posted in: Poker Players, Online Poker, | Comments ()
How much was really wagered over Euro 2012?
15 August 2012
The Euros (as they are otherwise known) is a popular footballing event that is second only to the World Cup. The actual final between Spain and Italy was held more than two weeks later on the first of July, but exactly how much cash was wagered during this period?
According to expert analysts, there was a staggering £508M (approximately USD$800M) taken in bets form British bookmakers up and down the country as well as from online gambling portals.
Posted in: Online Gambling, Gambling, | Comments (1)
What is In-Play Betting and Why is it so Popular
09 June 2012
It doesn’t matter if you miss the start of a match any more because you can now place bets right through to the last minute of the game while betting in-play. Not all sports have in-play markets, but most of the major ones do, such as football, tennis, darts, snooker, rugby, hockey, American football, baseball, cricket and other sports, plus various other special events such as the recent hit TV talent show, The Voice.
While the actual event is taking place, markets become available that never used to exist. For example in football, punters can predict which minute the next throw-in could occur, when the next corner will be, when the next goal will be scored, who will actually score next, or even when the next bookable offence will be.
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