Free Caribbean Poker Game Online
Sunday, October 4th, 2009
Continuing our free widget game posts is this free “Caribbean Poker” game.
Continuing our free widget game posts is this free “Caribbean Poker” game.
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A Casino Room Overview - sharing tips n tricks…
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The following article presents the very latest information on casino tips. If you have a particular interest in casino tips, then this informative article is required reading.
The best time to learn about casino tips is before you’re in the thick of things. Wise readers will keep reading to earn some valuable casino tips experience while it’s still free.
The house edge, which is the commission that a gambling agent such as a casino, a sportsbook (bookmaker), or a lottery administrator charges, is a yardstick that measures how a specific gambling game is fair and reasonable. It is one of the most important factors that every player should consider whenever he/she is engaged in any type of gambling, inasmuch as it indicates how much of the money wagered goes to the gambling agent’s pocket and how much is redistributed to the winners.
Indeed, a house edge cannot be zero since casinos, sportsbooks, and lottery administrators have to make some money in order to cover their expenses, and to make some profit as well. Yet, a high house edge simply means that the players are unecessarily being ripped-off, and as a result, any gambling game with a high house edge should certainly be avoided by a knowledgeable gambler.
In this article, we shall compare, in the simplest way possible, the house edges of a roulette, an evens-odd betting, and a Cash 3 lottery game as representatives of the three major gambling categories.
The Equation
The easiest way to compute a house edge is to compare the actual winnings that are paid by the respective agents to the winnings that would be paid in a fair game or bet. A fair game or a fair bet is one in which no commission is involved; an obvious model is a game between friends. Therefore, in percentage form, the house edge is obtained by subtracting an actual game winning from a fair game winning and dividing the result by the fair game winning, finally multiplying by 100. Thus,
House Edge = [ (fair game winning - actual game winning) / fair game winning ] * 100
Roulette
Because of its simplicity and popularity, we shall consider the roulette as a representative casino game. A European roulette wheel has grooves marked by the numbers 0 to 36; the American wheel (also called Las Vegas wheel) has an additional groove marked as ‘00′. So, the European wheel has a total of 37 numbers, while the American wheel has 38. Internet casinos usually make available the option to select the type of wheel the customer prefers, but the brick and mortar casinos normally offer only one type. The winning number in a roulette game is the number corresponding to the groove where a spinning ball lands.
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Now, consider a fair game in which 38 friends are playing the roulette at home, and each one selects a number and places a $1 bet on the number (no two or more players wagering on the same number). When the ball is spun and lands in a groove, the number marking that groove will be the winning number. The person who has selected this winning number collects all the money on the table thus making him win $37. On the other hand, if the game were conducted in a casino, the winner would be paid only $35. The difference between the two winnings applied in the above equation gives us the house edge of a roulette game as
( 37 - 35 ) / 37 * 100 = 2 / 37 * 100 = 5.4%
This means that every time you spend a $100 on an offline or online casino roulette, $5.40 goes to the casino and the rest is redistributed to the winners. Evidently, there are quite a number of casino games and the house edge varies from game to game, many of them having a house edge less than that of the roulette. For obvious reasons, a good gambler always prefers games that have low house edges, while the casino itself loves those games with high house edges. For example, the house edge of craps is 1.4% which makes it one of the most preferred casino games by the players.
Even-odds Sports Betting
Again, because of its simplicity, we shall consider an even-odds betting as a representative of this category of gambling. By even-odds we mean that the event (usually a sports game) has equal chances of going either way. An example is a tennis match between two competitive players each of which has an equal chance of winning the match.
A fair bet, in this case, is just a simple bet between two friends who just pick one of the tennis player as winner. If these two friends wager $1 each, the winner will collect $2, thus winning $1. If instead the bets are placed through a sportsbook, the winner will collect only $1.91, since the odds of an evens game at most bookies and online sportsbooks is 1.91. If you are not familiar with the decimal representation of odds, 1.91 is the same as 10/11 in UK notation and -110 in US odds notation. Odds of 10/11 mean that you’ll win $10 when you wager $11; and odds of -110 mean that you have to wager $110 in order to win $100. Anyway, since the winnings paid by a sportsbook is only $0.91, the house edge of an even-odds betting will therefore be
( 1 - 0.91 ) / 1 * 100 = 0.09 * 100 = 9%
So, this is how sportsbooks make a living. Since several internet sportsbooks offer odds higher than 1.91 in order to lure bettors, the house edge could be smaller than 9%, which is one of the things that the bettor should be looking for when searching for a sportsbook. On the other hand, if the bettor is wagering on parlays the house edge would be significantly higher than 9%; for big parlays, it could go as high as 40%.
It should be apparent by now that the gambler is better off with casino games than sports betting. It should also be noted that while the house edge could be a major factor to consider while selecting a gambling game, it is by no means the only one. For instance, one should consider the fact that casino games are mostly games of chance, while sports betting also involves a learned decision in selecting a pick, consequently leading to a higher probability of winning a bet.
Cash 3
Depending on the state you are in, this lottery game may be known by a different name such as Pick 3, Play 3, Daily 3, etc. In this game, the player selects a three-digit number from 000 to 999, and plays the number as a straight or as a box. A straight play is a prediction that the number will come exactly as selected while a box is a prediction for the number to come in any order. For instance, if a player selects the number 672 and plays it straight, he/she will win if the number drawn is exactly 672. Instead, if the player plays 672 as a box, he/she will win as long as the drawn number contains a 6, a 7 and a 2, in any order (276, for example). Obviously, a straight game pays much more than a box game for the same amount wagered.
Now consider 1000 friends (maybe in a club) selecting a number as a straight, each for $1, so that all the 1000 possible numbers are covered. When the winning number is drawn, the person who has selected that lucky number will be deemed a winner and will cash in all the $1000 collected, so making him win $999. This is a fair game. In the case of state lotteries, however, the winner will be paid only $500 in most states. Some states may pay a little bit less, others may pay a little bit more, but $500 is more or less the standard. The winner therefore wins $499. The house edge for a Cash 3 game will therefore be
( 999 - 499 ) / 999 * 100 = 500 / 999 * 100 = 50%
This house edge applies not only to the Cash 3 game but also to all state lottery games such as Play 4, Cash 5, Mega, Fantasy 5, Lotto, Power Ball, etc. So, whenever you are playing the state lottery, remember that you are wagering only half of your money on the actual lottery; the other half, you are just giving it away. Where this other half goes is not the gambler’s concern, since his/her main objective is to win some money in order to pay the ever present bills, or to get out of a miserable life, or to change his/her 20-year-old car. As regards contributing to education and other noble causes, there are other means of collecting money called taxes and charities.
Unfortunately, many states do not allow casino games, and furthermore, sports betting is illegal in the United States. The player is therefore left with no choice but to cross state borders in search of a casino, or more recently, to engage in online sports betting through the several offshore internet sportsbooks. Nowadays, there is a plethora of trustworthy online casinos and sportsbooks operating from Canada, the UK, Antigua, Costa Rica, and so on.
This article’s coverage of the information is as complete as it can be today. But you should always leave open the possibility that future research could uncover new facts.
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Recently, the US Federal government banned online casinos from operating in America by making it illegal to transfer money to them through any US bank or payment system. As a result of this law, most of the popular online casino networks such as Party Gaming and PlayTech left the United States. Overnight, online casino players found themselves being chased by the Federal government.
But, after a fortnight, the online casino industry came up with a solution and new online casinos started taking root. These began to operate under a different business umbrella, and by doing that, rendered the transfer of money to and from them legal. A major part of this was enlisting electronic banking systems that would accept this new clarification and start doing business with me. Listed in this article are the electronic banking systems that accept players from the United States that wish to play in online casinos.
The Payment Systems You Can Use:
1, 2) MasterCard and Visa:
The most popular credit cards in the world, you can use these for depositing money into your casino account. But, please note that the casinos do not deposit your winning through your credit card. They use one of the other electronic payment systems. This is also the biggest reason why you should refrain from using your personal credit cards today for gambling.
3, 4) Visa Delta, Visa Electron:
These are debit cards that one can use to deposit cash into their casino account. By debit card, it means that the money you pay through the card, is immediately withdrawn from your bank account. This is a comfortable option, but here too, you cannot receive money into it.
5) Neteller:
Based in the UK and traded on the London AIM Stock Exchange, this e-bank company is one of the major independent electronic banking entities in the world, and it allows players to transfer money to and from an online casino.
6) Neteller Instacash
This is Neteller’s version of the Debit Card, and, in fact, it is just like any other debit card with one difference. To use, InstaCash, you have to pay a small amount. But, most casinos will offer to pay this for you, so read their regulations.
7) EcoCard
Based in the European Union, EcoCard offers a wider range of electronic banking solutions than the other e-banks. Other than the regular card and debit system, you can decide beforehand how to create a flexible financial account. Because they use a wide network of banks in Europe, transactions made through EcoCard are quick and efficient.
FirePay
This e-banking system is solely web-based and carries out its transactions just like a debit card. You place cash into your FirePay account, and then, you can use that money to pay or deposit into your casino account. While it will not cost you a dime to open an account, you will be charged a minimal amount each time you transfer money from your bank account to FirePay.
9) Moneybookers
All you need to open an account is an email address! This e-banking system uses transactions from your credit or debit card or your bank account to whichever company you wish to move your money to. Regulated in the UK and run by Gatcombe Park Ventures Limited, this is one of the relatively new e-finance companies that allow transferring money to online casinos.
10) eWalletXpress:
Owned and run by Navaho Networks Inc, eWalletXpress is a new electronic payment system that has been created to answer the need for US players to transfer funds to online casinos.
11) 900Pay:
This is a completely different e-banking system. Instead of charging your bank account or your credit card, 900Pay charges your telephone bill for all your financial transactions. This is one of the fastest methods of electronic payment because you do not have to go through a long and detailed sign up process. And, if you were wondering, this does work to fund your casino account.
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In order to qualify for most bonuses, you have to act like a gambler. Don’t make a bet or two and cash out and don’t play penny stakes that just allow you to take up space at the gaming table. Deposit a healthy buy-in and play consistently, maybe an hour or two a day (more if you’re not in it just for the bonus cash). Act like a cautious gambler. Also, don’t be too quick to cash out. That’s a sure sign to the Online Casino that you’re taking the quick dip just to take their bonus cash. There’s nothing wrong with taking advantage of getting as much of the bonus cash you can, however, you can’t be too obvious. You may be denied the bonus cash if a Casino tags you as a “rob and runner.”
Free bonus money comes with a wagering requirement. As a new player, the Online Casino may match your $200 buy in with a $200 bonus. However, in order to collect, you may have to wager five times the amount of your money and the bonus. So, you need to bet $2,000 in order take that free $200 bonus and hopefully more in winnings. However you bet that $2,000 is up to you. You can make $1, $10, $20 or $100 bets, so long as you reach that $2,000 threshold. Play smart and you not only take home winnings but the free $200 the Online Casino offered you.
Some Online Casinos require you to request the bonus via e-mail. Others may require that you type in a special code after you deposit your funds. Still other Online Casinos will automatically deposit your bonus money after you’ve bet a certain amount.
If you’ve met your wagering minimum, collected your bonus and left a little cash in your account, the Online Casino may offer you some extras. If you don’t accept them and wait, the offers may be enhanced. Don’t jump at the first offer.
There are two types of bonuses. The cashable bonus and the non-cashable bonus.
The cashable bonus is money that the Online Casino gives you once you’ve wagered a required amount. Even if you lose your initial cash deposit but meet the wagering requirement, you can take your bonus. Even if you win big bucks with your initial cash account and meet the wagering requirement you still take that cashable bonus home with you.
A non-cashable bonus is money the Online Casino “gives” you but it’s only to add to your cash deposit. It is for wagering purposes only. You don’t take this money home. It stays with the Casino, however, it gives you extra leverage in your bets. If you deposit $100 into your account, the Casino may give you a non-cashable bonus of $100. After a playing session or sessions, you can pocket your winnings, but you can’t add that $100 bonus to your cash out winnings.
A different type of non-cashable bonus is one that the Online Casino offers when you lose your deposit. In this case, if you lose your $500 deposit, the Online Casino will put an amount, say $50 in your account to wager. You cannot cash it out, it’s there for wagering and hopefully enough for you to do some serious winning.
Play it smart. Sign up with the Online Casinos that offer the cashable bonuses first. Work up your bankroll smart and steady until you have at least a couple of thousands dollars on ice. Once you have at least $2,000 in your playable bankroll, go for the non-cashable bonuses. Try to get in on the ones that at least offer 100% of your deposit.
Remember any time you’re using a cashable or non-cashable bonus, the Online Casino’s house edge drops.
Make sure you know which type of bonus the Online Casino is offering before you get ready to play. You will want to place more thoughtful bets when the cashable bonus is at stake and get a little reckless with the non-cashable bonus because it’s only there for the play. It’s the house’s money. You’re never going to pocket it. So, go for it. Don’t ever be timid to wager the Online Casino’s money. Play it aggressively. That’s what it’s there for.
Percentage Based Bonus If you can afford to deposit a larger bankroll, chances are the Percentage Based Bonus will be larger than the standard Sign-Up Bonus. With a Percentage Based Bonus you receive a bonus based on the amount of money you deposited in your Online Casino account. Of course, the higher the initial bankroll, the higher the bonus offered.
Match Bonus Many times an Online Casino will reward you for sticking with it or coming back for more play. This reward might come in the form of a Match Bonus. An example would be if you deposited $100 in your account at the beginning of the month, the Online Casino would match that amount in bonus money.
Comps Just like the traditional Casino, the Online Casino can offer you comps to keep you playing their games or to reward you for sticking with them.
Cash Back Program Some Online Casinos will refund you a portion of total losses over the previous month. Sometimes it can be as high as 10% of your monthly net loss. Conversely, the same Online Casino may reward you with a 1% bonus based on your winning balance.
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they told me on live chat that i was going to get free bonus and encouraged me to deposit a very high amount to get the greatest bonus i tought it was really free but when i tried to withdraw they told me that my money was played first and the balance was the bonus and i have to continue playing until i win 12 times the amount of the bonus or loose everything it was a very large amount how can i fight this the money was tranferred to neteller from my checking account and to the casino from neteller so i cant call my bank
I posted a question earlier about free money to play blackjack at an online casino. I really like the slots too. Where’s the best place for both? The other day I found a casino with different bonuses depending on the type of game that you play. I can’t remember which casino it was, but why would online casinos have different bonuses depending on the type of game you like to play? Doesn’t make much sense to me.