Sunday, 28 February 2021

How Much Do Casino Owners Make?

How Much Do Casino Owners Make
The profit of online casinos is confidential and none of the gambling institutions will disclose the information regarding their earnings. 

Therefore to know how much casino owners make, it is important to understand how these casinos make this money. Here are the main ways casinos use to earn profits. 

People Losing Money 

Most casinos usually offer free bets for new users. They will ask you to deposit a certain amount of money to claim your free bet. After this, you can deposit additional cash whenever you require. 

New Games Are Introduced for Free 

Often, casinos will introduce new games to existing members and they’ll let them play for free within a given time. To make it even worse, casinos will offer bonuses to entice players to come back. And as players get hooked and they’ll start spending money after the bonuses have been withdrawn. 

Gambling Addiction 

Online casinos normally send out notifications to players informing them about someone who has won a jackpot. Although not many gamblers are going to fall for this trick, there will be quite a few gamblers who are addicted to gambling to start playing just to see if they can also win the same jackpot. 

Commissions 

Casinos make money in form of commissions collected from games such as poker. Some casinos normally take a percentage of the stakes while others charge a certain fixed fee before the players can start a round of poker games. 

House Edge 

The house edge is a technique used by casinos to earn a profit. A small percentage of money is deducted from players every time they play a game. Games such as roulette and slots contribute a bigger percentage to these profits. This formula normally gives the casino the statistical advantage. Whether a player wins or loses a bet, a casino will always win a small percentage of the player’s money. 

Conclusion 

If you wanted to know how much casino owners make from online casinos, then the information provided on this page should be able to answer your question. 

You should also note that casino owners also incur expenses on operating their business. So their net profit is obtained after the deduction of expenses such as licensing, marketing and affiliates, salaries, and many more.

Sunday, 21 February 2021

Is It Legal to Bet on Presidential Elections in the US?

Is It Legal to Bet on Presidential Elections in the US?
The 2020 presidential election in the US has been one of the most contested elections in the history of America. More than 1000 aspirants were vying for the presidential seat. 

In the just-concluded general elections, the former president Donald Trump has just lost to his opponent, Joe Biden. Now, back to our question, do you think it is legal to bet on presidential elections in the US? 

Yes is our simple answer here. As we speak now, thousands of punters are smiling all their way to the bank after betting on Joe Biden to win. 

One British participant just placed a stake of about $1 million on a victory for Joe Biden. According to Pete Watt – the public relations manager of Oddschecker, the Betfair Exchange had a whopping $634 million worth of wagers in this year’s election. 

The US has a long history of betting on presidential elections. Let’s address some of the things you need to know about betting on presidential elections in the US 

US Gambling and Betting Laws 

Today, many states have legalized online gambling including presidential betting and political betting in general. For example, West Virginia was the first state to legalize betting on political races. However, it made a quick U-turn on the decision, because it was breaking the 1868 state law. 

Since betting on the presidential election isn’t regulated at the state level, several gambling institutions such as sportsbooks have been allowing US bettor to wagers on presidential races. However, these gambling sites are legal and regulated from the locations where they are based, no laws are there to criminalize their operations. 

Presidential Election Betting in Vegas 

While it’s legal to place real money wagers on all sorts of sporting events in Las Vegas sportsbooks. However, you won’t find any sportsbooks in Vegas offering wagers on the presidential election since it is explicitly forbidden. 

Can You Gamble on Other Political Elections Legally? 

Apart from letting gamers bet on presidential elections, many bookmakers and gambling sites in the United States also offer different betting markets related to other political events. You can wager on political events from different regions such as Europe, Australia, Canada, and so on. 

Conclusion

We are hopeful that the explanations given on this page have addressed all your concerns regarding whether it is legal to bet on the US presidential elections.

Sunday, 14 February 2021

How to Avoid Major Casino Mistakes

While playing casino games can exciting, fun, relaxing as well as a rewarding experience. However, this can sometimes happen oppositely. 

There are several obstacles and challenges that gamblers encounter in their day to day activities at the casinos. Both inexperienced and seasoned gamblers can lose large amounts of money if they don’t take appropriate actions against some petty mistakes at the casinos. 

To help you be on the safer side, we are going to discuss some of the 5 common mistakes most players make when gambling online or off-site and how to avoid them. 

Mistake #1: Not Knowing When to Quit Chasing Loses 

In most cases, you will be tempted to reclaim back your money after losing several bets. You will cheat yourself that placing another bet will give you luck. My friend, it better you call it a quit before your bankroll runs dry. 

Mistake #2: Not Having a Budget 

Every successful gambler must have a bankroll. However, a few people gamble beyond their casino budget and they end up using finances allocated to other activities such as bills. 

For you to have a safe gambling experience over the long term, it is advisable to allocate a certain budget for the month and always stick to it. 

Mistake #3: Choosing the Wrong Casino 

Since the gambling market is saturated with thousands of online casinos. Finding the right one, therefore, becomes a daunting challenge as many sites seem to offer the same games and services. If you’re not careful, you may end up losing your money on blacklisted or rogue casinos. 

To avoid this mistake, you should read some of our reviews about different casinos. 

Mistake #4: Giving the Wrong Details on Registration 

Because of the stigma associated with gambling, many players normally provide false information when setting up their casino accounts. Some even use VPNs to register gambling accounts abroad. This is a very serious mistake because your winnings and bankroll can be easily be confiscated if you’re caught. 

It is always a good idea to provide the correct details including your mobile numbers and email addresses. 

Mistake #5: Drinking Too Much 

Gambling while you drink is the worst mistake any gambler can ever make. Alcohol dulls your senses and also reduces your decision-making process. 

My advice to any casino gambler is to abstain completely from alcohol while gambling. However, you can take two bottles after you have won as a way of celebration. 

Final Thoughts

If you’re looking to become a profitable gambler, then you should try to avoid any of the mistakes discussed on this page.

Sunday, 7 February 2021

Is Gambling With a VPN Illegal?


VPN is the acronym for Virtual Private Network. It is a way of setting your device so that it appears as if it is located somewhere other than it is. 

People use VPN to access sites that might be geo-blocked in certain locations for instance, such as Facebook, Twitter or Snapchat, tik-talk, and so on. Similarly, you can use a VPN to access a business network whilst you’re abroad or to hide your identity while browsing on a certain website. 

The question of whether it is illegal to gamble using a VPN is a tricky one. There are several countries around the world where the use of VPNs is prohibited. Countries such as North Korea, China, Russia, Oman, and Russia have criminalized VPN gambling. 

Fortunately, you can use a VPN in the United Kingdom and the United States of America. However, VPN usage in the US is subject to monitoring by the FBI and NSA. 

Before you can start using VPN to gamble, you need to evaluate the risks involved with it. Most countries take serious action against VPN violators. You risk an arrest in a country like North Korea if you’re caught illegally gambling with a virtual private network. 

Another thing to worry about using a VPN to gamble is the risk of gambling sites confiscating your winnings and bankroll if you’re found violating their T&Cs. 

Is It Worth Gambling with a VPN? 

Despite there being some challenges with VPN gambling, there are a few benefits you can enjoy. The best thing about gambling using VPN is that enjoy the world’s best gambling sites regardless of where you’re located. 

You can also get to enjoy a securer connection through VPN services. Most countries also don’t bother themselves with this matter and therefore, the risk of you being arrested is minimal. 

When it comes to gambling, the final question you need to ask is what you should be looking for in a VPN provider. Here are the things you should consider about VPN providers: 

  • The reputation of their VPN providers 
  • Do they log on which sites you visit? 
  • Their Protocols 
  • What payment methods do they allow?
  • Are the VPN provider legitimate or are they registered in a country that forces companies to share your data? 
Conclusion: 

Although you may get lucky and never get caught when gambling with a VPN, my advice is very simple, stick to casinos that are legal in your country to avoid legal repercussions.

Sunday, 31 January 2021

What does it Cost to Own a casino?

What does it Cost to Own a casino?
Opening an online casino is one of the most lucrative business ideas many people have thought about. Since every business set up requires a good plan to succeed, the online casino is no different. 

Apart from how much it will cost you to open an online casino business, there several other factors to consider before venturing into this promising business. Let’s find out. 

Registration of a Legal Entity 

You need a legal entity to open the bank account. The same holds when you are looking to partner with suppliers for services. 

Website and Application Creation 

For any online casino business to be successful, it needs a professionally built website where players can interact with customer support via mobile applications. The following are the elements of a great online casino website: 

  • Registration and profile management. 
  • Payment system. 
  • Customer support. 
  • Safety. Bonuses.
  • Affiliate Payments. 
Salary and Maintenance 

For your online casino business to work efficiently and smoothly, you will need to employ a team of professionals such as: 

  • IT specialists and anti-fraud specialist 
  • General and affiliate manager 
  • Designer and web developers 
  • Specialist in payment systems 
  • Accountant and bookkeeper. 
  • Content manager and copywriters. 
Marketing and Promotion 

Of course, you will need to pay affiliates who bring in high amounts of traffic. Also, you will spend quite large amounts on sponsoring sports teams and events. 

Jurisdiction and License Fee 

A license lets you host the servers on your online casino business in the respective country that issued it. Without a license, you will not be able to post anything because internet gambling may be prohibited in the selected country. 

Reserve for Payments to Players 

Reserve for payments to players refers to the amount you need to put in the bank to guarantee payments to the winners in your casino. Reserve for players should be kept in a special bank account, and it should not be used to cater to operating costs including, tax payments, operating expenses, dividends, and many more. 

Final Thoughts 

Opening an online casino business is not a walk in the park. This is a business for billionaires, and not for the faint-hearted or small business persons. It is important to do some research to understand the risks before you embark on setting up your online casino business.

Sunday, 24 January 2021

10 Signs it’s Time to Call It Quits at the Casino

10 Signs it’s Time to Call It Quits at the Casino
Almost everyone goes into the casinos with the main goal of walking out with more money in their pocket as well as having as much fun as possible. 

However, this can be the opposite. Gambling can become a lifetime problem in your relationship and can put a big hole in your pocket. 

Here are the 10 signs that you’ve got a gambling problem and you should call it to quit. 

You Start to Gamble with Emotions 

While casino gambling is all about entertainment, addicts might experience certain emotions such as remorse or guilt after gambling, an urge to celebrate an unrelated event by gambling, or feel irritated when you try to stop gambling. 

You Start Gambling With Money Set Aside Other Expenses 

If you find yourself gambling with the money set aside for daily expenses, call it quits. Every gambler has a bankroll, and they should gamble with only that money. 

You Prioritize Gambling Over More Important Things 

If you find yourself missing time at work or skipping your child’s function to hit the casino, then it’s a serious warning sign of problem gambling. 

You go to extremes to Fund Your Casino Bankroll 

Gambling addicts won’t stop gambling even when their pockets and bank accounts run dry. To keep funding their gambling habits, they will resort to borrowing and other criminal activities such as theft and forgery. 

You Start Chasing Losses 

It is quite common among most gamblers to place higher bets when they start losing money. They end up losing whatever little they had won so far. 

You’re Constantly Waiting For Free Drinks 

In most cases, casinos normally keep the booze flowing by offering free drinks to gamblers. If you find yourself always scavenging for free drinks, then gambling is not on your part. 

You Can’t Stop 

Gambling addicts will find themselves constantly wagering, even if they try to quit. 

You Lose Your Allotted Bankroll

It is a bad idea to make several trips to the ATMs after your casino bankroll has run dry. It’s advisable to stick to the budget. 

You Surpass Your Gambling Time 

Many responsible gamblers will set time limits and stick to it. However, gambling addicts will spend all their time loitering around the casino house. 

Your Bets Go Beyond Entertainment 

Responsible gamblers normally play for fun as well as to increase their earnings. However, gambling addicts will place their bets for other reasons such as to escape anxiety. 

Conclusion 

If you or your loved one is experiencing any of the signs discussed on this page, it might be time to seek guidance from a health professional.

Sunday, 17 January 2021

Tricks used by Casino Dealers on Gamblers

Tricks used by Casino Dealers on Gamblers
As a beginner, what were your experience and feeling when you first entered a casino? That hypnotic environment made of the buzz of artificial lights, the smells, sights, and the sounds, legs of the cocktail waitresses, and other nice things must have made your memorable day. 

But casinos do all these with a deliberate move to keep you transfixed enough to continue to gamble, and squeeze every last penny from you? Let’s take a look at the several ways casino dealers take advantage of inexperienced gamblers. 

Offer Free Alcohol 

The most common tactic that casinos use to dupe inexperienced gamblers is offering them free alcohol. While you may think that they’re demonstrating hospitality and quality customer service, my friend, you’re being played. 

Alcohol will dull your senses and eventually, you will start losing your bets. Don’t be that guy who will be frog matched by bouncers simply because you have you start claiming your money from the dealers. 

Casinos Create an Oasis Where Time Doesn’t Exist 

You will rarely find a casino with windows or wall clocks. This is a diligent approach to make you spend hours gambling without realizing how long you’ve been there. 

It is a good idea to wear a wristwatch while visiting casinos. However, most casinos are controlled and so, you will not be allowed to check your phones at the games tables. 

There Are ATMs All Over 

It is very challenging to leave casinos after you have your bankroll has run dry. Without knowing that you’re overspending on the games and withdrawal fees, you’ll make several trips to the ATMs to withdraw some more money to continue playing. 

Slot Machines Dominate the Entrance and Exits 

Slot machines are designed to use visual and auditory stimulation to keep you playing. They are installed around the entrance and exits to draw your attention when you arrive and leave the casinos. 

Overstimulate Gamblers 

Casinos will do anything and everything to artificially conjure up happiness. For instance, casinos will feature big television screens, flashing lights, roller coasters, and beautiful waitresses. With all these niceties, it’s so easy to spend money you didn’t intend to. 

Final Thoughts 

As a beginner, you should be on the lookout for these tricks, and when you think it’s an excellent time to head home, stick to it, and don’t let them spoil your time there.

Sunday, 10 January 2021

Top 10 Best Mobile Casino Apps to Consider

Top 10 Best Mobile Casino Apps to Consider
If you were searching for the best mobile casino apps that pay real money, then you’re on the right page. In this article, we have come up with the best real money casino mobile apps that accept real money bets. 

Paddy Power App 

Besides offering sports betting, Paddy Power also provides a wide selection of mobile casino games. 

Why we love: 
  • Offers slots and table games 
  • More than 150 games are available on the app 
  • Paddy power gives a wide range of bonuses including a casino welcome bonus
  • Deposits can be made via the app
  • You can use similar login information on the app, desktop or sports-book 

LeoVegas App 

LeoVegas App is the “King of Mobile Casino” app that’s available on Apple and Android devices. 

What we love: 
  • The app retains the same features of the popular LeoVegas online casino 
  • Provides more than 1000 games to play 
  • Great bonuses and Easy Cash Outs on the go 
  • New app design makes navigation even easier
  • Double Winnings up to £100 
888 Casino App 

The 888 Casino is one of the most entertaining mobile casino apps available. 

What we love: 

  • The app is available for iOS and Android devices 
  • It offers more than 100 slot games as well as roulette, blackjack, and baccarat 
  • Rewards £88 no deposit welcome bonus for all app users
  • Gamblers can enjoy progressive jackpot slot machines on this app 
Betway 

A great online gambling app that is perfect for on-the-go players. 

What we love: 

  • Beautiful and meticulously put together app 
  • A spectacular selection of sports 
  • Available on iOS and Android
  • Unlimited access to stats 
Mansion Casino 

App Mansion Casino is one of the great apps that work seamlessly. 

What we love: 
  • Slick design
  • Once Premier League sponsors of Bournemouth 
William Hill App 

William Hill is one of the greatest casinos around the world. 

What we love: 
  • Offers Full and Partial Cash Outs 
  • Easy to use mobile app
  • Provides Bonuses for first-time app users 
BetVictor 

What we love: 
  • Superfast app for live betting 
  • Best designed mobile casino app 
  • Boosts a wide selection of sports-books 

Betfair 

What we love: 
  • Dedicated app for both sportsbook and betting exchange
  • Available on Android and iOS 
Mr. Green 

What we love: 

  • Great selection of jackpot bets 
  • Offers a free of £10
  • Mr. Green is a multiple award-winning apps
bwin 

What we love: 
  • Sleek design 
  • Incredibly fast responses from the app 
  • Structured to be as efficient as possible