Illegal Sports Gambling Is Big Business! Will It Finally Become Legal? Supreme Court to Decide

No matter what sports season we’re in, you probably have a favorite sport you relish following. Maybe March madness college basketball, the NFL, baseball, hockey, golf, or soccer. Perhaps you would like to make a little bet, but many sports fans in the United States are leery of the legitimacy and legality of internet gambling. If you live in the United States, your legal sports betting options at brick and mortar casinos are limited to Nevada, and to some degree at Delaware racetracks.

The Supreme Court has heard arguments on a New Jersey challenge which would permit sports gambling at its casinos and racetracks. If the court rules in favor of New Jersey, Gaming experts predict that most states will jump on the bandwagon to legalization, in order to fill state coffers with tax revenue.

If you’re unfamiliar with the particulars of how to bet on sports, the following describes how it all works:

Sports Betting Jargon

Before we get into the specifics, here’s a little jargon explanation to help you understand the process:

  • Action – A term for all the betting activity that happens during an event.
  • Handle – The total amount of money wagered on events.
  • Spread – Giving one of the two teams points to even out the betting action.
  • Sports Books – Establishments that take bets on sporting events.
  • Juice – A percentage of the win taken from a bettor that won an even money bet. Sometimes called the vig, which is short for vigorish.

Types of Bets

There are many different types of bets. By far, football draws the most action with the biggest handle. The Super Bowl alone draws over $100 million in legal betting activity, and over three billion (that’s billion with a B!) illegal wagers. Now you see why states want a piece of the action.

  • Even Money Bets – Players betting on only one team to beat another. The sports book takes the juice/vig from the winning payout amount. A common vig is $11 for $10. (Bettor wages $11, wins $10.) House keeps $1. Most bets will have a point spread (line). If the player is picking the underdog, S/he will take points. If the bettor is picking the favorite, S/he is laying (giving) points.
  • Parlay Bets – Betting on multiple (two or more) teams to win. Here’s a scenario on a point spread ticket. Let’s assume that on event #1, Tampa Bay is playing at Green Bay with GB favored to win by at least 3 points. In event #2, Buffalo is playing at Miami and BUF is expected to win by at least 7 points. Your game ticket would look something like this:

Event Visitor Vs Home

1. TB GB. -3

2 BUF. -7 MIA

This means that if you bet on GB they must win by more than 3 points. A bet on BUF would require them to win by more than 7 points. By choosing the favorites you are laying (giving) points. If you were to put your money on GB and MIA, you would be taking (receiving) the points.

One way to eliminate confusion is to jot down a spread score before the games start. for example on this ticket:

The score before the game starts is:

  1. TB 3 GB 0
  2. MIA 7 BUF 0

When the games are over just give the points to the underdogs. In most jurisdictions, ties lose for the player. In other jurisdictions the prize payout for one tie is reduced to the next lowest payout factor. A common play in casinos is a four team pick for 10X the bet.Bet $10, win $100, but you can wager from two to twelve games. The more games you play, the higher the winning payouts.

  • Over/Under – One scenario is betting that the final score ill be over or under a certain number a preset number.
  • Prop Bets – A proposition bet is where you predict the outcome of a preset number of props on a single ticket. Example: Total field goals over/under 4. Total interceptions over/under 3. Total sacks over/under 2. Total receiving yards, total yards, and the list goes on and on.

If you visit Vegas or other jurisdictions that permit sports gambling, Good Luck!

Top 7 Advantages of Offshore Online Gambling

No matter how objective you are there are many advantages to offshore online gambling. If you are an avid sports fan, or casino game player, or love the horse races and have been trying to find a place to do your betting, look no further than the search engine on your computer. Although you should perform your own due diligence in finding an offshore online gambling site that is both reputable and customer service oriented, Best Sports Gambling Site Reviews and Best Casino Site Reviews have taken much of the leg work out by selecting the best gambling sites in the industry. These review sites have been around for several years now, and they deliver honest sports gambling and casino sites which offer the best odds that you can trust. Below are seven reasons why you should look offshore for your next bet.

No state-to-state wagering restrictions. You can bet at any gambling site offshore. States are still fighting over what can and what can’t happen in their jurisdictions and how revenue should be divided up. Until you understand state-to-state implications you had better play offshore.Bonuses. Offshore online gambling sites have incredible volume. Recently more customers are joining because of sign up bonuses, re-deposit bonuses, and referral bonuses. One of the most important advantages to wagering offshore is that the bonus will motivate you to try their services providing the gambler a distinct advantage over the house.

No fees for gambling. Offshore gambling sites do not have parking, do not have municipalities and don’t have expensive autotote machines. They want your wagers and will not charge you for placing them.Safe, secure, and confidential. Offshore online gambling does not require you to leave your house, uses the same encryption technology as the large banks online, and have no incentive or obligation to share your data with the government or others.

No taxes. Offshore online gambling sites operate on a no-tax or tax-holiday basis. This is reflected directly in the fact that you are not obligated to report or pay taxes by your offshore gambling site.

Wagering Options. Offshore online gambling sites often offer sports, casino, horse racing and other wagering options with the same account. The best offshore wagering companies offer every bet that the track, the simulcast facility, and Las Vegas have to offer and they offer head-to-head match ups. You can even bet just about anything and everything from the stock market to who will win at the Academy Awards.

The hours of operation are flexible. Because of the Internet, offshore betting companies now have the ability to bring the action right into a gambler’s home 24-hours a day, 365-days a year. When comparing the differences between legal offshore online gambling sites, like the ones featured in the gambling review sites mentioned in this article, and the run-of-the-mill bookie is like night and day. The general manager or other management people are available for you to talk to. They have enough clerks and supervisors working during the busy periods and the online betting capability doesn’t bog down close to game time.

Gambling Jargon: Know the Lingo to Do the Deeds! Here’s the Jargon for Popular Table Games

Don’t be left out when playing games in the casino! Learn gambling vocabulary as you learn the games. It’s important to understand this so you won’t feel like a novice when playing table games.To get you started, here is the meaning of some of the terminology used in popular gambling games:

BLACKJACK

Basic Strategy – Plays you should make to maximize your advantage

Burn Cards – Removed cards after the shuffle

Bust/Break – Exceeding a hand total of 21

Card Counting – Memorizing played cards with an assigned value

Color Up – Cashing in your chips

Double Down – To double your initial bet following the initial 2 card deal

Even Money – Cashing in your bet for a 1/1 payout when you have a blackjack against a dealer ace

Face Cards – Jacks, Queens, Kings (AKA picture cards)

First Base – First seat to the dealer’s left

Hit/Draw – Calling for another card to add to your hand

Hole Card – The dealer’s face down card

Insurance – A side bet for the player when the dealer has an ace showing

Pat Hand – A had worth at least 17 points

Push/Tie – Player and dealer with the same hand total

Shoe – A device used for holding and dispensing cards

Soft Hand- A hand with an ace counted as 11 or 1

Stiff Hand – A hand with little chance of winning if hit

Surrender – Giving u your hand to lose one half of your bet

Third base – Last seat to the dealer’s right

Up Card – Dealer’s first dealt card face up

CRAPS

Any Craps – A dice total of 2, 3, or 12

Big Red – a bet in the Any Seven box

Boxcars – When the dice total 12

Capped Dice – Crooked dice

Cold Table – When most shooters are not winning

Come Bet – A bet made after the point is established

Come Out Roll – First roll of the dice in a round

Don’t Come Bet – A bet made after the point is established (Outcome is opposite of the Come Bet)

Don’t Pass Bet – Betting against the shooter before the Come Out Roll

Free Odds – An additional bet behind the Pass Line Bet taken at true odds

George – A good tipper

Hardway – A 4,6,8,10 thrown as pairs

Place Bet- Betting that a place number (4-6, 8-10) will be thrown before a 7

Point Number – One of the numbers 4-6, 8-10 made on the come out roll

Press A Bet – To double your bet amount

Proposition Bets – (AKA Prop Bets) one roll and Hardway bets

Right Bettor – Betting that the shooter will win

Seven Out – When a 7 is rolled before the point number

Shooter – Player currently rolling the dice

Snake Eyes – When the dice total 2

Stiff – A poor tipper

Toke – A tip given to the dealer

Vigorish – ( AKA Vig) commission taken by the house

Wrong Bettor – Betting that the shooter will lose

Yo – The number 11 (AKA Yo-Leven)

POKER (TEXAS HOLD’EM STYLE)

Aces Up – A pair of Aces with another pair

All In – Betting all your remaining chips

Ante – The opening bet before dealing begins

Belly Buster – An inside straight draw

Big Slick – An Ace and a King

Blinds – 2 forced bets before any cards are dealt (small blind & big blind)

Boat – Slang for a Full House

Broadway – The highest straight possible with mixed suits, 10, J, Q, K, A

Button – A disk placed in front of a player acting as the dealer

Bullets – A pair of Aces

Call – To match the current bet

Check – To defer making a bet until another player does

Cowboys – Slang for a pair of Kings

Dead Hand – A hand with no chance of winning

Donkey/Fish – A bad player

Drawing Dead – A hand that will lose even if it improves

Flop – The first 3 community cards

Flush – 5 cards of the same suit

Full House – (AKA Boat ) 3 of one kind and 2 of another

Kicker – The highest unpaired card in a hand

Ladies – Slang for a pair of Queens

Muck – Face down discarded hands

Nuts – The highest possible hand

Overcard – A card that is higher than another

Quads- 4 of a kind

Rag(s) – Cards that add no value to your hand

Rainbow – Cards with different suits

River – The 5th and final community card

Rounder – One who makes a living at playing cards

Royal Flush – The highest hand possible, a suited 10, J, Q, K, A

Set/Trips – 3 of a kind

Short Stack – Having the fewest chips at the table

Straight Flush – 5 suited cards in sequential order

Tells – Behavior that gives other players information about how you might play your hand

Tight – Someone who only plays premium hands

Tilt – Desperate to re-coup losses, causing bad decisions

Turn – The 4th community card

Under the Gun – First player to bet after the big blind

Wheel – The lowest straight possible with mixed suits A, 2, 3, 4,5

Wired – A pair dealt in the first 2 cards

So there you have it. Learning this jargon will assist you on your path to becoming a seasoned responsible gambler. Good Luck!

Learn About Casino Gambling

Casino gambling is one of the most common words of today’s world, which is composed of two different words “Casino” and “Gambling”. Casino was originated from the Italian word “Casa”, which means house, villa, or summerhouse. Gambling means betting money or any other material that has monetary value to win any event with uncertain outcomes. So, when we connect those two words, it suggests us of any place where people usually risk their money to win any unpredictable event.

In modern casinos, generally casino owners make arrangements for many games to play. People usually play and gamble money to win that game or to win any uncertain outcome in different phases of the game. It is actually judging your luck by investing a lot of money. Keno, Bingo, Baccarat, Roulette, Black Jack, Slots, Poker, Craps are examples of gambling games for which people risk their money.

Irreversible bet, chance dependent outcomes, and gambling money or valuable things for those outcomes are some common and primary rules for any casino gambling game apart from its’ playing rules.

As a new person in this gambling arena, it is very much usual to ask about the revenue of casino gambling, winning rate, and tips necessary to win. Tips for winning any casino gambling game varies from game to game due to their rules of playing. Winning rate can’t be predicted and there is no certain data on this and no such sources are available to verify the existing data. It is obvious to have a little winning rate due to its’ uncertain nature.

One can find a lively environment in a casino as the first intention of any casino owner is to attract people there. A lot of money is spent for its’ interior decoration that draws people there to enjoy and play. You will find dazzling lights, expensive carpets, hot and sizzling waitresses all around you to feel something very appealing.

When it comes to know about the revenue of casino gambling, you will definitely be amazed to know the numeric value. About $37 billion was the revenue of US based casinos in 2012, which is 4.8% more than the revenue of 2011.

This numerical value suggests something very big for the future and with the advancement of technology, gambling is no more bounded to casinos. Online gambling is the future of this growing industry, and we hope many things have yet to come to make us thrilled about this industry.