Gambling Review, Gambling News & Gambling Strategy

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Friday, November 25, 2005

GoldenPalace Review

Deposit Information $25.00 up to $100.00 using NETeller, myCitadel or Firepay Bonus Amount 300% of your deposit (Receive a 200% bonus when using a credit card to make your first deposit) How Bonus is Received Once you have made your purchase, call or e-mail Golden Palace Casino mentioning Promotion Code A3973 along with your name and account number to receive the bonus Bonus Type First-time player "welcome" bonus Wagering Information

Wager your bonus and deposit four times each. Your deposit and any winnings made from the bonus may be cashed-in but the bonus itself cannot. Follow our link for more promotion details. Craps, Roulette, Baccarat or Sicbo cannot be played until you have cashed in after wagering 4X the total amount deposited or your play balance reaches zero

Comp Points For every $10.00 bet in any game, you'll receive 1 comp point. When you reach 100 points, you'll get $1.00 added to your play balance at Golden Palace Casino Types of Games and Wagering Limits

Baccarat

$1-$500 per hand

Blackjack

$1-$500 per hand

Casino War

$1-$500 bets

Caribbean Stud Poker

$1-$400 bets

Craps

$1-$100 bets

Keno

25¢-$25 bets

Pai Gow Poker

$1-$300 bets

Progressive Games

5¢-$400 bets

Roulette

$1-$25 bets

Sicbo

$1-$300 bets

Slots

1¢-$225 bets

Video/Power Poker

5¢-$100 bets

Banking Type E-Cash World Playing Currencies US Dollars, GB Pounds and Euros Minimum Check Amount No less than the amount of your bonus Check Fee FREE by regular mail How to Contact Casino Via phone, live chat or e-mail Refer-A-Friend Program Up to $20.00 per referral Licensed By/Opened On Kahnawake Gaming Commission - online since 1997 Software Type Playtech

Ten Tips for Texas Hold'em

1. Be patient - It is very easy to panic and become impatient as you see the players around you winning pots and adding to their chip lead. You have to remain calm and wait for a solid hand. A tournament is a marathon, not a sprint. You must bide your time and chips so that when you do get a hand you have the opportunity to play it correctly and win a large pot. Nothing is worse than getting a monster hand and not having enough chips to make it pay off.

2. Let other players eliminate themselves - Winning is always the goal in a poker tournament. Do you have to eliminate players to win? Yes. Do you have to eliminate them all? No. By sitting back and playing fewer hands (especially in later rounds), players will weed each other out until you are guaranteed to be in the money. At this time, you can become more aggressive.

3.Take risks early - It is inevitable that sometime during a tournament you will need to take a risk in order to have a chance at winning. The important thing to remember is to take calculated risks. This usually means playing looser or taking more chances in early rounds. The blinds are lower in early rounds so laying down a missed hand in an early hand will not eat a huge chunk out of your bankroll.

4. Sit out a round when you join a new table - You will be moved several times during a tournament. Each time you are moved, sit out a few hands to get a feel for the table. Learn how each player plays. This will prevent you from getting caught in a hand and not having any idea of how your opponent plays.

5. Watch for traps - This is especially true in no limit tournaments. One successful trap can make you a winner or knock you out of the tournament completely. Be careful when making a bet with a dangerous board even if you plan to fold if you get raised. These small mistakes will eat away your chips quickly. Recognize the possibility of a trap and try to make a smaller bet to entice your opponent to reveal more information about their hand.

6. Don?t be afraid to go all in - When you?re playing in any no limit tournament, chances are you?ll have to go all in at least once. The key is to not fear going all in, but to recognize when you have the best hand and force someone else to catch you.

7. Avoid pushing all in on a draw hand - Going all in should be reserved for instances when you feel you have the best hand. In order to go all in with any sort of draw hand, you must be getting tremendous pot odds. Be absolutely certain that if you do hit your hand, it will be good enough to win. And even then, think twice. Keep in mind that you are not ahead and you will be putting your tournament life in luck?s hand. By only going all in when you have a made hand, you will force others to get lucky.

8. Try to steal blinds - If you?re in a late position, do not be afraid to make a play for the blinds. For every blind you steal, it?s like not having to post one the next time around. Stealing blinds is great way to tread water while you wait for a monster hand.

9. Be a bully - If you see someone is low on chips, don?t be afraid to push them around. Make them uncomfortable by making larger raises. When they are short stacked they will think twice before risking valuable chips unless they have a lock. Pushing around short stack players will not make you rich, but it is a great way to win several small pots that will protect your lead.

10.Latter rounds - If you have a decent amount of chips you should play extremely tight in the later rounds. This is when low stacked players will be looking to move all in and chip leaders will only be playing the "nuts". Your starting cards become extremely important because it is very likely every hand will result in someone going all in. Adjust your game accordingly. Even if you?re not where you want to be as far as chip count, be extremely patient and wait for a very strong hand.

Thursday, November 24, 2005

How the U.S. Is Getting Beat in Online Gambling

PartyPoker boasts that more than a million people have played for money on its site this year, the vast majority of them Americans, who are technically circumventing the law, according to the Department of Justice (DOJ).

Flush with success--and with profit margins of 60%--the firm went public on the London Stock Exchange this summer. The June 27 IPO, which valued PartyPoker at $10 billion, was Britain's biggest this year. Bhargava shared the pot with two other reclusive co-owners: a Net pornographer named Ruth Parasol, who switched from carnality to cards in the late 1990s, and Anurag Dikshit, an Indian software whiz whom Bhargava met when both were students at the Indian Institute of Technology in Delhi. They are not three of a kind, but they did cash out about one-fifth of the company. "Poker became a monster," says Bhargava, who sold stock worth $210 million and still retains almost 9% of the firm's equity.

Gaming is going global, and to stock markets, with a force that's making fortunes for a cluster of little-known industry outsiders and giving monstrous headaches to regulators, legislators and traditional casino companies. Poker is growing most rapidly; this year an estimated $2.7 billion will be spent on Online poker games, almost double last year's take and 10 times that of 2002.

That breakneck growth can't continue--one reason PartyGaming's stock drifted below its IPO price--but other casino games like blackjack, as well as lotteries and sports betting, are finding new homes online. According to Warwick Bartlett, who runs the British firm Global Betting & Gaming Consultants, almost $12 billion will be wagered over the Internet this year, or close to 5% of the world's total gross gambling yield. Over the next five years, the consultancy estimates, the total take will soar to about $22 billion, or about 7.5% of the industry total.

Monday, November 21, 2005

Nevada reports casino gambling revenue

Nevada casino gambling revenue increased 9.63 percent in September from a year earlier to $1.01 billion despite concerns that high gasoline prices would deter tourists, state officials said on Thursday.

Casinos on the Las Vegas Strip, the heart of Nevada's gambling industry, reported gambling revenue jumped 17.8 percent in September from a year earlier to $541.22 million, the Nevada Gaming Control Board reported.

Separately, the New Jersey officials said casino gambling revenue in their state rose to $427.9 million in October, marking a 10.2 percent increase from a year earlier, and provided the state government with $34.2 million in taxes.

Gambling revenue reported by casinos in Nevada has increased for 14 consecutive months amid strong economic growth in the state and an upswing in tourism.

The gasoline is a real world-wide problem!!!!

Saturday, November 12, 2005

Party strategy grow into action

PartyGaming, the world?s largest egaming company, has revealed changes to its relationships with its white-label partners Multipoker and Intertops.

PartyGaming has paid US$14.5m in cash for the Multipoker business, assets (including brand and website), player database and intellectual property.

Richard Segal, chief executive of PartyGaming, said: ?PartyGaming?s business strategy is being implemented as planned. We now look forward to the launch of the Party-branded integrated platform in the first half of 2006, which will expand the number of games available to our customers through one account and a shared purse.?

Friday, November 11, 2005

Pathological Gambling Adiction

Gamblers no longer need to trek to Las Vegas or Atlantic City to find the action they crave. It is available today in their own hometowns. Gambling's tremendous popularity is evident in the recent increase in the number of off-track-betting parlors (OTBs) and riverboat casinos. For most of the industry's patrons, gambling is fun and a form of harmless entertainment. For the four to six percent of gamblers who become problem or pathological (compulsive) gamblers, however, it can be a devastating illness that negatively affects every aspect of their lives.

Gambling can be defined as playing a game of chance for stakes. Gambling occurs in many forms, most commonly pari-mutuels, lotteries, casinos,card rooms, bingo and the stock market.

Pathological gambling is a progressive disease that devastates not only the gambler but everyone with whom he or she has a significant relationship gambling addiction as including three phases:

Winning phase gamblers experience a big win� or a series of wins � that leaves them with unreasonable optimism that their winning will continue.

Losing phase the gamblers often begin bragging about wins they have had, start gambling alone, think more about gambling and borrow money legally or illegally. They start lying to family and friends and become more irritable, restless and withdrawn.

Desperation phase, there is a marked increase in the time spent gambling. This is accompanied by remorse, blaming others and alienating family and friends.

Tuesday, November 08, 2005

Annie Duke -World Champion Poker 2005

Born and raised in Concord, New Hampshire, Annie Duke grew up in a family who had cards and competition in the blood. In a home where card playing was the glue that held the family together, everybody not only wanted to win but needed to win.

Duke completed a major in English and Psychology at Columbia University intending to follow in the footsteps of her parents and becoming a teacher. Instead, she enrolled as a graduate student at the University of Pennsylvania for Cognitive Psychology.

In 1991, while Duke was knee deep in doctorate research, she proposed marriage to an old friend, Ben Duke, packed up her life and research and left academia behind for Billings, CO. Living in romantic poverty with her husband, Duke began to play poker in local pokers rooms to pay the mortgage on their first home.

In 2004, Duke beat out an assembly of 234 players in the WSOP $2000 buy-in Omaha Hi/Lo Split and won her first WSOP bracelet. In August of the same year, Duke knocked out 8 of the worlds’ greatest poker legends and won $2 million in the No-Limit Texas Hold'em winner-take-all, invitation-only WSOP Tournament of Champions, established by ESPN and Harrah’s Entertainment.

Duke now serves as a consultant for the online poker site UltimateBet.com to ensure that their rules of poker and tournament structure match those you would find in the famous poker rooms of the Las Vegas strip.Recently, Duke endorsed The ESPN Poker Club product line which offers poker aficionados premium quality poker products of unmatched quality, style and authenticity. The line, which was launched in May 2005, includes poker chip sets, tabletops, tables and other poker accessories. She's amazing player

Thursday, November 03, 2005

A-Rodriguez Warned Against Illegal Poker Passion Results In $100,000

The third baseman, Alex "A-Rod" Rodriguez to quit playing poker in illegal clubs. The star slugger had attended games at an underground club with professional card player Phil Hellmuth. A-Rod's card playing might be "dangerous and harmful to his image."

After this news the company of Sports Interaction Poker – submitted a preliminary offer to Rodriguez back in October when he was first seen at illegal poker rooms. The offer included a $100,000 large complimentary account in return for exclusive play at the online poker site. Rodriguez’ agent received an updated offer late this morning.

Takeover bid for Empire Online

Industry commentators were quick to play down speculation regarding how much PartyGaming might be willing to put on the table should it go ahead with a takeover bid for Empire Online.
After it was announced that PartyGaming had made a preliminary approach, press reports this morning suggested that PartyGaming, the world’s largest online poker room, could offer up to £400m for Empire.
The offer for Empire comes after PartyGaming set up an operating poker platform purely aimed at players on PartyPoker.com on October 10, in effect ring-fencing its existing player base from the platform it previously shared with its ‘skins’ EmpirePoker, Intertops, Coral Eurobet and Multipoker.

On the same day, Empire issued a bullish trading update, saying net gaming revenues had grown 24% in Q3 compared with Q2 2005, before then issuing a profit warning on October 18, announcing that its growth would be 10% below original forecasts as a result of PartyGaming’s platform switch.