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Perfect 789Bet Strategy for Jacks

789Bet

The following strategy is my “intermediate strategy” for jacks or better video poker. Using the strategy on a full pay machine will result in an expected return of 99.52%. Compared to the optimal strategy return of 99.54%, mistakes in the simple strategy will cost 0.03%, or one total bet every 3805 hands.

To use the strategy look up all viable ways to play an initial hand on the following list and elect that which is highest on the list. A “high card” means a jack or higher.

 

Full house or better

4 to a royal flush

Straight, three of a kind, or flush

4 to a straight flush

Two pair

High pair

3 to a royal flush

4 to a flush

Low pair

4 to an outside straight

3 to a straight flush (high cards-gaps>=0)

2 suited high cards

4 to an inside straight w/ 3-4 high cards

3 to a straight flush (high cards-gaps=-1)

J/Q/K unsuited

J/Q unsuited

10/J suited

J/K, Q/K unsuited

10/Q suited

J/A, Q/A, K/A unsuited

10/K suited

One high card

3 to a straight flush (high cards-gaps=-2)

Discard everything

Note: The number of high cards in holding 3 to a straight flush is roughly offset by the number of gaps. When evaluating 3 to a straight flush subtract the number of gaps from the number of high cards.

 

Terms:

 

High card: A jack, queen, king, or ace. These cards are 789Bet retained more often because if paired up they return the original bet.

 

Outside straight: An open ended straight that can be completed at either end, such as the cards 7,8,9,10.

 

Inside straight: A straight with a missing inside card, such as the cards 6,7,9,10. In addition A,2,3,4 and J,Q,K,A also count as inside straights because they are at an extreme end.

 

Gap: The number of ranks needed to fill in the middle of a straight flush. For example a 6,7,8 would have 0 gaps, a 6,7,9 would have 1, and a 6,7,10 would have 2. The following are considered to have 2 gaps because they are at extreme ends: A,2,3; A,2,4; A,3,4; J,Q,A; J,K,A; and Q,K,A. The following are considered to have 1 gap because they are close to an extreme end: 2,3,4 and J,Q,K.

 

Example: Suppose you have the following hand.

 

 

 

The top two plays are (1) keep the three to a straight flush and (2) keep two to a royal flush. The number of gaps to the straight flush is 2 and the number of high cards is also 2. So gaps-high cards=0. The table shows that 3 to a straight flush, where gaps-highcards>=0, beats two suited high cards, so go keep the 3 cards to the straight flush.

 

Comparison to Optimal Strategy

The following table compares the probability and return of each hand under both the simple strategy and the optimal strategy.

Simple Strategy to Optimal Strategy Comparison

Hand Pays Probability Return

Interm. Optimal Interm. Optimal

Royal flush 800 0.000025 0.000025 0.020204 0.019807

Straight flush 50 0.000114 0.000109 0.005696 0.005465

Four of a kind 25 0.002362 0.002363 0.059039 0.059064

Full house 9 0.011507 0.011512 0.103565 0.10361

Flush 6 0.011171 0.011015 0.067029 0.066087

Straight 4 0.011122 0.011229 0.04449 0.044917

Three of a kind 3 0.074421 0.074449 0.223263 0.223346

Two pair 2 0.129261 0.129279 0.258523 0.258558

Pair 1 0.213368 0.214585 0.213368 0.214585

Nothing 0 0.546648 0.545435 0 0

Total 1 1 0.995176 0.995439

The next table is a frequency distribution of the error, or difference in expected return, between the simple strategy and the optimal strategy.

 

Error Frequency

Error Number Probability

0 2576244 99.125958%

.01% to .99% 5064 0.194847%

1% to 1.99% 1872 0.072029%

2% to 2.99% 2820 0.108505%

3% to 3.99% 5496 0.211469%

4% to 4.99% 4656 0.179149%

5% to 5.99% 2376 0.091421%

6% to 6.99% 432 0.016622%

7% to 7.99% 0 0%

8% to 8.99% 0 0%

9% to 9.99% 0 0%

10% to 10.99% 0 0%

11% to 11.99% 0 0%

12% to 12.99% 0 0%

13% to 13.99% 0 0%

14% to 14.99% 0 0%

15% to 15.99% 0 0%

Total 2598960 100%

Other Video Poker Games and Information

Jacks or better simple strategy.

Jacks or better optimal strategy.

Deuces wild simple strategy.

Deuces wild optimal strategy.

Jacks or better quiz.

Go to the video poker main page.

Go to optimal strategy for deuces wild.

Go to expected return tables for other forms of video poker.

Jacks or better practice quiz.

Play jacks or better.

Play deuces wild.

Play double bonus.

Play joker poker.

 

 

 …


Casino Review – Lasseters Casino

Slot Gacor

Review by Deb Hirsh

From the moment you open up Lasseter’s homepage, you’re in for a treat. This Australian casino is unlike any other online – from the layout of the site right down to the f.a.q.’s, this casino has been designed for ease and enjoyment!

One of the greatest features of the casino is that virtually anyone can afford to play here. The minimum bet on Blackjack for instance is .02 cents! The minimum per line on all slots is .01 (with one exception, the 1-line Classic slot at .50). Of course these are the minimum bets – the maximums are quite sizeable.

Depositing funds is a breeze – Lasseter’s accepts Visa and Mastercard, without the troubles many casinos seem to face currently. If you prefer, the casino will accept a personal cheque as well as a bank wire transfer.

Features
To access the games at Lasseter’s, you won’t have to download the casino to your Slot Gacor hard drive as the site uses Flash software. Simply click on the game you’d like to play, and the first time the game is uploaded (for the new user), it will take less than a minute… anytime you wish to go back to that game, you won’t have to wait for the upload again! It’s quite impressive, the way this has been set up.

Once you’re ready to play, the fun truly begins. When you open the game menu page, you’ll be confronted with an assortment of table games and a truckload of slots!

Table Games
You’ll find Single-Zero Roulette, Blackjack, Sic-Bo, Joker Poker and Baccarat–each game operates with extreme ease. The Joker Poker and Blackjack both seem particularly generous to the player, and once again with such low minimum bets, you can play for days!

Slots
Without question, the slot games are the hallmark of Lasseter’s. With sixteen slots to choose from, this is a slot-lover’s dream come true! The slot selection includes five 1-line games, two 3-line games, two 5-line games (one of which is Lasseter’s Gold, which has a bonus feature screen) and seven 9-line games.

You can’t help but have a chuckle when you open some of these slots…

“Heroes and Villains,” is a 9-line slot which spins revolvers, cops and some very scary looking crooks!

“Fantasy Realm” (another 9-line slot), spins the “Fair Maiden,” along with some truly funny beasts!

Of the 9-line slots, the one that is sure to have you wondering about Aussie humor is “Entombed.” Yes, you read it right… “Entombed!” This 9-line slot has skulls, skeletons, bats and other ghoulish images spinning to award generous payoffs!

“4th of July” 3-line slot is a true salute to the U.S., with reels filled with George Washington, the Statue of Liberty and other patriotic images. This slot seems to be particularly generous.

“Lasseter’s Gold,” is a 5-line tribute to Aussie gold mining – get 3 miners and a bonus screen appears. Just pick a spot where the gold may be located and collect the credits! It’s impossible to NOT enjoy the slots at Lasseter’s!

Comment
Once you’re done winning heaps of money, cashing out is a snap…simply go to the withdrawal window, enter the amount, and a bank cheque will be on it’s way. Simple as that!

You’ll always find plenty of promotions at Lasseter’s – in fact they’ve developed a promo calendar, so you won’t miss a thing! There’s a generous new player match and Lasseter’s also offers two rewards programs for frequent depositors. These programs are offered by invitation only, but with all the excitement this site has to offer, you’ll be playing so frequently your invitation will soon be on its way!…


ROULETTE

Roobet Crash

AIM OF THE GAME

 

The game of European Roulette is played by spinning a small ball on a round wheel with thirty-seven numbered slots. When the wheel stops, the ball comes to rest in one of these slots. The object of European Roulette is to correctly predict the slot in which the ball will land. By predicting the right number, you earn a payoff on your bet. The size of the payoff depends on how the bet was placed.

 

TOP

 

 

HOW TO PLAY

Your chips are stacked by denomination (£1, £5, £25, £100, £500) at the bottom right-hand corner of the screen above the game menu. Select the amount you would like to wager on a given hand by clicking the left mouse button on the chip of that denomination. The amount wagered per hand may be increased or decreased by placing the mouse on the stack that you wish to add or subtract from your bet. Each time you click the left mouse button you will add a chip from that pile to your planned wager amount. Likewise by clicking on the right mouse button you can decrease your planned wager amount. You may repeat your last bet by simply hitting the “0” button of your numeric keyboard. Other numeric keyboard shortcuts are summarized below.

 

To place a bet in European Roulette, place your chips on the table as described above. Depending on where you choose to place your chips, you can “cover” (bet on) anywhere from one to eighteen numbers with a single bet.

 

You can spin the roulette wheel by pressing Roobet Crash the “Spin” button in the bottom left corner of the screen or by clicking on the roulette wheel. The history of the previous winning numbers is displayed in a table above the game menu. There are three different colored numbers in the history table. The Yellow colored numbers mean that they belong to the Black set of numbers. The Red colored numbers mean they belong to the Red set of numbers and the Green colored number is ‘0’. The “Pass” button may be used to spin the wheel without putting a bet on the table.

 

You can place eight different kinds of bets on the European Roulette table. Each type of bet covers a certain range of numbers, and each type has its own payoff rate. The short lines of three numbers each are called rows on the board, while the longer lines, each holding twelve, are called columns. The first five types of bets are all made on the numbered space or on the lines between them and are called inside bets, while the last three types are made on the special boxes below and to the right of the board and are called outside bets. These bets are tabulated below:

 

 

Bet Type Explanation

 

Straight Up

 

Place your chips directly on any single number (including zero).

 

Split Bet

 

Place your chips on the line between any two numbers.

 

Street Bet

 

Place your chips at the end of any row of numbers. A street bet covers three numbers.

 

Corner Bet

 

Place your chips at the corner where four numbers meet. All four numbers are covered.

 

Line Bet

 

Place your chips at the end of two rows at the intersection between them. A line bet covers all the numbers in either row, for a total of six.

 

Column Bet

 

Placing a chip in one of the boxes at the end of the columns covers all the numbers in that column, a total of twelve. (The zero is not covered by any of the columns).

 

Dozen Bet

 

Placing a chip in the box marked 12P covers numbers 1 to 12, 12M covers numbers 13 to 24, 12D covers numbers 25 to 36.

 

Red/Black, Even/Odd,

L ow/High

 

A chip placed in one of the six boxes at the bottom of the board covers the half of the board described in that box. (The zero is not covered by any of these boxes.) Each box covers eighteen numbers. Low covers numbers 1 to 18. High covers numbers 19 to 36.

 

Once a spin is complete, the winning number will be noted on the table with a marker. Winning bets will have a “W” chip placed on top of them.

 

TOP

 

 

ZERO RULE

Wagers on red, black, even, odd, low, and high shall be lost if the roulette ball comes to rest in the compartment marked zero (0).

 

 …


WinADay Jackpot Due for Hit — Several Million Dollar Jackpots to be Won

inscrivez-vous

Most slots games at Slotland.com are tied to one progressive jackpot. A player named Abigail J. won it when it was $189,897 in September. Slotland is a busy casino so it’s already nearing $100,000 again.

Just like Slotland, most of WinADayCasino.com’s slots are connected to one big jackpot as well. It’s usually won every 6 weeks or so for about $150,000. It’s way over that now so could be due for a hit!

As always one of the biggest jackpots out there is the Mega Moolah, currently over $4.7 million. Lots of online casinos have this game but since they have such a wide selection of Microgaming and CTXM games the best place to play it is Bulldog777.com.

Slots jackpots for American players

If you live in the USA then the biggest jackpots you can play for are at online casinos with RTG games. Their Aztec’s Millions jackpot is $1.4 million and the Jackpot Pinatas jackpot is $1.7 million. You can play these games at Intertops Casino, Jackpot Capital Casino or Grande Vegas Casino.

Play the Progressive to Win Really Massive Jackpots

Most of us are happy to just win enough to keep playing with, but wouldn’t it be great to win a big progressive jackpot?! On most online slots games you have to make a max bet in order to qualify to win the progressive jackpot. Wouldn’t it be heartbreaking to get the right five of a kind only to realize that you’d only bet on a few lines, or bet on all paylines but only a minimum bet?!
I don’t always make a max bet, myself. But I sure do if I have a hunch that the jackpot is about to be won! And one place I’m definitely placing max bets these days is WinADayCasino.com. The jackpot there, which is tied to most of their slots games, is about $200,000. WinADay’s progressive jackpot hardly ever gets that big because it gets hit so often. I’m convinced it’s going to be won very soon and I’m sure not going to miss it by not betting enough!

The jackpot at WinADay’s sister site, Slotland.com,is getting big too. It just a big progressive jackpot win in September when Abigal J. won $189,897 playing the ‘Pearls of Atlantis’ slots game. But since it’s usually hit every 6 – 8 weeks I just have a Inscrivez-Vous feeling it’s about due so I’m definitely playing my “max bet” strategy there lately as well.

If you don’t think you’d be satisfied with a paltry $100K or $200K jackpot win, maybe you should play some of the games out there that have progressive jackpots well over a million dollars. They aren’t won as frequently as some others but wow, when someone hits a jackpot like that it’s life changing.

The biggest jackpots available to American players are still the seven-figure Jackpot Pinatas and Aztec’s Millions slots jackpots that are available at most most RTG casinos. I recommend JackpotCapital.eu, Intertops Casino and GrandeVegasCasino.com because I know and trust the management of these companies.

One of the biggest jackpots anywhere is the ‘Mega Moolah’ which is currently over $5.2 million! Can you imagine winning five million bucks with the click of a mouse?! Haha — of course you can, that’s why you play online slots! Well, if you can imagine yourself spending $5 million then go play the Mega Moolah. It’s a available at lots of online casinos but my favourite for Microgaming casino games has got to be Bulldog777.com.…


WagerWorks has the online casino Monopoly

Unique Casino

International Game Technology’s (IGT) group, an online casino games developer, has announced the release of 2 new games. The two games will have mega jackpots and be themed around Cluedo and Monopoly. The company said that its new Monopoly-themed mega jackpot game will feature a massive slot with a chance to win a million-dollar jackpot. This puts the group on par with other companies that offer mega jackpots in their games. The slot

is available in multi-denominations and multi-currencies, it is a 9 line and 5 real slot game with 2 major bonuses. There is the Pass-Go Bonus which rewards players for playing for cash on the Monopoly board and the second bonus is a Spin Bonus for the slot machines .

The London-based company, with its two new Mega Jackpot games, poses a threat to Mansion, which offers big rewards via casino bonuses . With up to 180 free spins on the slot.

New golf game for online casinos

A new online casino portal has announced that it will launch a new game in beta format. This casino game is said to appeal in particular to golf fans. UTur Golf is a fast paced skill game that allows players to switch from chips and poker to a cash game on the same platform. Players can play head to head or in tournaments. Everything is possible in free money or in real money mode. Of course this casino is a paysafecard casino .

The game will soon also be available with 3 golf courses, and this will raise it to a whole new level in which skill, strategy and nerves will be required. “Like real golf, you never play a game exactly the same way, that’s what makes this game so appealing. It is variable and constantly changing, like the weather and wind conditions. There has never been a skill game experience quite like this.” Haines went on to say that UTour Golf can be played by players of all skill levels, including those who normally only play roulette . In this game, players compete in a fair competitive environment.

English study finds no problems with online casinos

Despite weeks of speculation in the media, a study commissioned by the government has revealed that problems with online casinos in England have not worsened in the last 8 years.

These are the results of the UK Gambling Commission published yesterday. The media and public expected the study to find problems with online Unique Casino casinos, as it was the first of its kind since 1999. According to the study, 0.6% of the adult population in England have a gambling problem, but that number is far lower than the 1 million reported in the press. “The key message is that, overall, there has been a surprisingly small change in online casino gamblers and problem people since 1999,” said Peter Dean, chairman of the commission.

“We remain concerned that there are still more than 250,000 adults with gambling problems. The challenge for us and the industry is to take care of this during the new licensing regulations. Since September 1st, online gambling companies have had to demonstrate social responsibility and document it. The next study is planned for 2009.…


Blind Sbobet Player redesigns roulette wheel

Sbobet

What are your thoughts of a system where you bet sequential numbers on a roulette wheel since they are all grouped together? For example, 1-5, or 8-13. Therefore, when they start appearing, I bet that particular area of the layout. Stan L.

Hey Stan, you haven’t by chance had a botched Lasik surgery? I ask because if you eye the layout with казино halfway decent vision, you will note that the 1 doesn’t reside next to 2, nor 8 anywhere near 9.

 

By design, the numbers are not arranged clock-style on the standard roulette wheel. Laying an imaginary arrow across wheel center, you will see that when the pointy end is on 1, the feathery 1x bet casino end is on 2, in a pattern that is roughly Cricket in India repeated all the way up through 35 being opposite 36, to 00 which waves at 0 from across the wheel.

 

You inspire me, Stan, to do some commentary regarding profitless Situs Judi Slot Online Terpercaya roulette systems and their relationship to the house edge, or possibly a column on the independent-event nature of every wheel spin.

 

Dear Mark,

In seven-card stud, could you please explain what a “street” wager is and its relationship to each round of idman Azərbaycan betting? Doug D.

 

Seven-card stud begins with players anteing up, after which the dealer deals three cards to each player. The game is now at Third Street (3 cards, 3 streets, get it? Nothing complicated about gamblingo). Next, the players increase their bets in order around the table, the dealer pops for a fourth card to each, and the game stands at Fourth Street.

 

This cycle of bet-and-get-card continues until all players still in the game (some may have sniffed disaster in the wind and dropped out) have seven cards apiece, and the game is now — you’ve guessed already — at Seventh Street.

 

Dear Mark,

I saw a pinball game in the casino. What is it? I have never seen it before. Garrett J.

 

Extremely popular in Japan, the pinball-like device you mentioned is called Pachinko, and can be found in some American casinos. The name “Pachinko” is derived from the Japanese word pachi-pachi, meaning the crackling of fire. While the true origins of Sbobet achinko are unknown, odds-on it descended from the “Coringth Game” which originated in Chicago, although I do find it hard to believe that Chicago players would cotton to something so hard to pronounce.

 

The first Pachinko hall opened in Japan in the early 1920’s. Takeichi Masamura is credited with founding today’s pachinko, for he developed the “Masamura Gauge” — the arrangement of nails that became the basis for most of today’s pachinko machines. I actually have an old Pachinko machine buried in my basement that is full of promise, but so far this writer has lacked the ambition to restore it.

 

Side note: Friend of mine saw lines of people in Tokyo on lunch break , waiting to get to one of the several dozen pachinko machines in open-air pachinko parlors. Since the fall of the balls forms a perfect bell-curve foretelling the inevitable outcome, Friend couldn’t understand why anyone would play. But he did not appreciate the difference between faith-based and thought-based practices.

 

Gambling thought of the week: “I try to cajole good draws out of the machine in video poker, like the machine can hear me. Come on, one more Ace! One more Ace and no one gets hurt!” – Frank Legato

 …


Bonfrere Under bitcoin dice Fire

bitcoin dice

“Disgrace,” “No strategy!” and “Time to go,” were some of the more restrained headlines in the Korean media after a week of poor results in the East Asian Football Cup.

 

Inevitably, the accompanying pictures showed Coach Jo Bonfrere looking more forlorn than usual as his players failed to beat either China or North Korea and were defeated by Japan – all on home turf.

 

The competition, won by South Korea in December 2003, was supposed to mark the start of the country’s preparations for the World Cup instead it has signalled the beginning of open season against the Dutchman.

 

It was supposed to be a chance for some of the K-League’s young prospects to show what they could do in the absence of European stars like Park Ji-sung and Lee Young-pyo but it demonstrated that without the talented duo, South Korea’s midfield lacks creativity and incisiveness.

 

And it was supposed to be a chance for the hosts to show that they were the region’s top dogs but one goal, two points and last place put paid to any hopes of that.

 

Accusations that Bonfrere is tactically stubborn and too ready to blame his players for his own failings, had gone from the headlines after World Cup qualification was assured a game ahead of schedule but they weren’t forgotten and they soon resurfaced after two dismal draws against China and North Korea.

 

Both teams, ranked well below their hosts in FIFA’s rankings, defended in numbers – China had to as they were reduced to ten men after only six minutes. The problem was that the 2002 semi-finalists never really looked like scoring. The only player to get on the scoresheet was a defender, Kim Jin-kyu, who rifled home a free-kick past the Chinese goalkeeper.

 

Kim Jung-woo, Kim Sang-shik and Yang Sang-min, drafted into midfield for the first two games looked fairly solid defensively, though given the circumstances, they weren’t tested too much in that department, but they offered little going forward.

 

The inability to create chances hasn’t been a big problem for the team in recent history; rather it has been the failure to convert those opportunities which has worried Guus Hiddink’s successors – Humberto Coelho and Jo Bonfrere.

 

Matters improved somewhat in the final game with Japan in Daegu. South Korea dominated the game but still failed to convert possession into chances and they were caught in the 87th minute as the Asian Champions gave their 2002 co-hosts a lesson in taking chances.

 

Unsurprisingly, bitcoin dice fingers were pointed at Bonfrere who had said before the competition – “our target? Three games and three wins.” After three games and no wins, his tune had changed somewhat, “if you look at our target, it was all about testing the players who play in Korea.”

 

Such backtracking didn’t impress the public. Results of internet polls were released showing that over 90% of respondents wanted a new coach – and the KFA gave Bonfrere lukewarm support. “His contract is still safe but I don’t think the KFA should ignore public and media calls forever”, declared You Young-cheul, media director for the Korea Football Association.

 

Perhaps Bonfrere should be worried as he has never been liked by the media and public. He is unemotional, shows no passion and obviously dislikes talking to the media – all traits that are opposite to his compatriot and predecessor, Guus Hiddink.

 

Still, it would be harsh to fire the former coach of Nigeria for three poor results in a fairly unimportant tournament, especially as he has just completed the really important job of reaching a sixth successive World Cup. It would be slightly ironic as Humberto Coelho was sacked for poor qualifying results just four months after lifting the East Asian title in December 2003 – the signals coming from the KFA would be confusing to say the least, if Bonfrere receives the boot for the opposite situation.

 

It is impossible to know the future, of course, but football fans and newspapers all too easily forget the past. Hiddink was almost constantly criticized during his 18 month tenure and suffered worse defeats than Bonfrere. Losing to Canada just four months before the beginning of the World Cup was one low as was two successive 5-0 defeats at the hands of France and the Czech Republic in the summer of 2001.

 

It is a measure of the pressure that the present coach is under that he has called-up Lee Young-pyo from PSV Eindhoven, FC Metz’s Ahn Jung-hwan and Cha Du-ri from Eintracht Frankfurt for August 17th’s inconsequential World Cup Qualifying game with Saudi Arabia. Park Ji-sung will remain in Manchester as Alex Ferguson was assured by the Korean coach that the 24 year-old wouldn’t be necessary for the fixture.

What is necessary in the final game of qualifying is a win, and a much better performance.…


Europe: iGambling’s New Horizon with Slot Joker123

Slot Joker123

“Europe is now achieving what North American gambling interests have only dared to dream about”

The goings on in Europe have made the news a lot over the past few years, and for good reason. Make no mistake: Europeans are unifying their economies and their currencies for very pragmatic reasons not the least of which is to enable themselves to directly challenge American economic supremacy.

 

The effect on gambling in general, and Internet gambling in particular, of European economic unification is going to be enormous. This will of course be partially due to the widely anticipated economic prosperity that a unified European economy will enjoy but there are broader, deeper forces at work. At the heart of the issue is the fact that North Americans and Europeans have a fundamentally different attitude toward the whole gambling question.

 

North Americans tend to think of gambling as a sin, albeit a popular one, or at best an immoral vice. Witness the unending and rather zealous efforts of American politicians like Republicans Bob Goodlatte and Jim Leach to save us from ourselves, however quick they may be with rhetoric on “the war on terrorism” and other bugbears of our time. The point is that there is a large community of Americans trying very hard to tell their fellow North Americans that they can’t gamble. Europeans have no such hang-ups.

 

In fact in Europe gambling is just another recreational activity. It’s Slot Joker123 fun, exotic, even sexy depending on where you go and how you play. One thing it most certainly isn’t is a sin. Try suggesting that to a European and they’ll smile ever so slightly and excuse themselves from the conversation.

 

In many ways Europe is now achieving what North American gambling interests have only dared to dream about: close ties between brick and mortar gambling and the Internet casinos. If you ask your average American or Canadian Internet gambler how they’d feel about being able to play at Harrah’s or The MGM Grand on the Web you’d better bring a tissue because it’s going to bring a wistful tear to their eye.

 

Europeans on the other hand are already doing it. William Hill for instance is a major UK gambling and sports-betting interest — over 40 betting shops in London alone — and their Internet casino is already well established. Others, like bookie-chain Ladbrokes are following suit and there is strong evidence that this trend will continue with other major European gambling brands going unabashedly online.

 

Recognizing the huge upside potential of the Internet, Europe is moving forward with its licensing and regulation efforts. The Isle of Man for instance recently extended its licensing jurisdiction to include the Internet and began issuing licences. American gambling interests took immediate notice and MGM was one of the first in line.

 

Even European governments are looking toward the Internet: leading Internet gambling software companies have been commissioned to provide several governments with software that will run as their official, state-operated Internet casino.

 

And last but far from least in the European gambling initiative is the Internet itself. Leading EU members such as Germany, France and the UK are investing billions in extending the telecommunications infrastructure to accommodate high-speed Internet access. Though these initiatives have bogged down recently for various technical and financial reasons the point can hardly be missed: Europe is serious about the Internet and Europe will become a very large, high-speed Internet community.

 

When one looks forward and combines these various elements — a population unfettered by moralistic anti-gambling lobbyists; gambling-friendly governments with established licensing and regulatory structures in place; widely available broadband access; and a new prosperity bought on by the unification of the European economies — it’s not hard to see that the Internet gambling initiative is now in European hands.

 

 …


HYPIXEL SKYBLOCK COIN SHOP: STATE BANK SUPERVISORS PROPOSAL GOOD FOR LAWYERS, BAD FOR CONSUMERS AND INNOVATORS

The Conference of State Bank Supervisors (CSBS) released its model framework for states to use in designing regulations and made it clear it wants to see state governments take a proactive and rigorous approach to licensing and supervising “virtual currencies” businesses.

 

The Conference report said:

 

“…CSBS concluded that activities involving third-party control of virtual currency, including for the purposes of transmitting, exchanging, holding, or otherwise controlling virtual currency, should be subject to state licensure and supervision.”

 

Coin Center, a Washington based-advocacy group for digital currencies, voiced their objections, saying the conference started out with good intentions but didn’t follow through in this final report.

 

Peter Van Valkenburgh, Coin Center Director of Research, said:

 

“Unfortunately, we’ve strong concerns about the vagueness of the language they’ve chosen in this final draft: vagueness that could encumber plenty of innovative but non-custodial companies, whom CSBS likely never intended to be regulated at all.”

 

 

Coin Center has taken a balanced approach to regulation in the past, for example, working with and supporting California’s digital currencies regulations.

 

Van Valkenburgh added:

 

“We urge any state regulators who are encountering these issues to look for a clearer, more justiciable standard of ‘covered activities’…”

 

In their report, the bank supervisors call for an iron grip on companies, who must get a license and show state regulators the details of their business plan. Learn more about HYPIXEL SKYBLOCK COIN SHOP

 

In addition, Coin Center notes, the proposed framework covers too wide a scope and includes businesses that don’t directly hold a customer’s funds.

 

“Covered activities” in the report include: “Services that facilitate the third-party exchange, storage, and/or transmission of virtual currency (e.g. wallets, vaults, kiosks, merchant-acquirers, and payment processors.)”

 

The Electronic Frontier Foundation’s Rainey Reitman is currently reviewing the proposal, but notes it is a throwback to a different age:

 

“At the end of the day, cryptocurrencies are distributed software projects that can be accessed from across the world. They shouldn’t be regulated like brick-and-mortar businesses that serve a specific locality or community.”

 

 

The Bank Supervisors justify their proposals by saying:

 

“Licensing and supervision serve as a mechanism for protecting consumers, ensuring system stability, safeguarding market development, and assisting law enforcement …”

 

The State Bank Supervisors can make recommendations in a model framework, and despite the fact that the organization carries some weight in the banking community, state governments are not required by law to adopt these proposals.

 

 

 …


Highlights from the Global Interactive Online Casino Singapore Gaming Summit

 

 

Internet gambling news and gossip from the exhibition hall of the Royal York hotel, June 5 to 7, 2001.

 

Boss Media Goes Java

 

Swedish software provider Boss Media will debut play-for-cash Java games in the next month or two, according to Sales Manager Anders Berg. Continuing the Boss tradition of limited game choice, only roulette and blackjack will be available in the new Java suite, although more games are sure to follow. Boss’s showcase casino, Gold Club, will be first to offer the new no-download games.

 

To date all Boss Media casinos require a download, although the company has had play-for-fun Shockwave games for years.

 

Microgaming Opens Lines of Communication

 

Microgaming, widely recognized as the world’s largest and most successful online casino software company, used the Toronto summit as an opportunity to reach out to the i-gaming media. Tired of getting beaten up on message boards and portals, Microgaming courted influential industry journalists like Got2Bet’s Spearmaster with handshakes and party invites.

 

Microgaming’s previous lack of public responsiveness to player questions and concerns resulted in a heap of bad PR which clearly hurt them in the pocketbook. The new policy is an obvious, and welcome, effort to polish Microgaming’s public image and restore player trust and confidence in the software leader.

 

World Gaming Previews Version 3.1

 

World Gaming, formerly known as Starnet Communications, previewed their new Version 3.1 download package, which will be available July 31.

 

Despite their past legal woes, Starnet, oops, World Gaming, really does have an impressive gambling suite. For those looking to get into the biz, $300 grand and 25% of revenue gets you World Gaming’s download Online Casino Singapore casino, new 14-game Java casino, parimutuel wagering and a sportsbook. All modules work under one player account.

 

Account Exec Jodi Littlepage said that progressive slot machines are on the way.

 

New Kid on the Block

 

Playtech — not to be confused with Playtex — impressed conference-goers with their slick new casino software. Available as a download application, and in Shockwave and Java, industry-types seemed genuinely excited by the graphics and playability of the games. On top of that Playtech rep Shelly Tuchmintz boasted that “our backoffice is really amazing.”

 

Playtech’s first licensee, Club Dice Casino, opened in January this year followed by City Club Casino and Brandy Casino. Playtech’s games bear a striking resemblance to the Random Logic games that power the ubiquitous Casino-On-Net. Both companies deny any connection.

 

According to Tuchmintz, Playtech is “a Dutch company” with “R&D in Eastern Europe” and “a marketing office in Israel.”

 

Countdown to Las Vegas’ Cyber Debut

 

Nevada Gaming Commission chair Brian Sandoval made it clear that Nevada has not legalized internet gambling but merely passed “enabling legislation” that could allow internet gaming if it can be shown that Web casinos can be properly regulated to keep out minors, problem gamblers, and players from jurisdictions where the pastime is illegal. That said, most industry experts expect that we will see the first Nevada internet casinos in about 18 or 24 months. The most optimistic prognosticators say one year.

 

Short Takes: Former Starnet CEO Meldon Ellis made the rounds looking to drum up work as an “i-gaming consultant.” Pro Sports Trade will launch a real-money sports trading site modeled after stock trading sites at the end of July, in time for the NFL season. iGlobalMedia won friends by putting on the best cocktail party of the week, complete with blackjack tables and a live tiger. Pirates Poker by Omni Gaming will launch in September.

 

 …