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!

Blackjack – Tricks of the Trade

Martin visits Las Vegas every year this time of the year. When he started out, he only bet a hundred dollars in the casino. But Martin’s grown as a player and the game has gotten bigger. Today, Martin places over a thousand dollars in bets and plays to win at least twice as much. His favorite table? The kidney shaped blackjack hole.

“The casino does have an edge. When the dealer feels that the deck is giving away favours, he shuffles it or uses another deck. But to an expert player, this is just routine. A player who has at least mastered the basic strategy actually has a 0.5% to 1% advantage over the dealer,” Martin says as he buys his chips. Tonight he is going to bet over 500 dollars.

You can win big at a simple game like blackjack, but it doesn’t happen all the time. Here are a few tricks you can learn to improve your blackjack strategy.

· Many internet websites and books have simple charts that help you optimize your strategy. These charts tell you when to hit, stand, or split your hand, based on the cards you are dealt. Some of them also lay out different strategies for a soft total versus a hard total. Memorize these strategies. They come in handy when you are counting cards. Remember, counting cards can actually give you an advantage of 0.2% to 1% over the house. The key to winning is minimizing the house edge.

· If a little mathematics does not scare you, invest some time in reading books written by important blackjack analysts like Ed Thorp and Lawrence Revere. A little study in probability adds to your blackjack strategy.

· Start small. If you are a novice, you could practice your blackjack skills at an online casino where the stakes aren’t quite as high. (You can even play blackjack for free at some sites!) If you are a regular at these sites, you might even get bonuses that would give you a distinct edge over the house should you choose to play for money. If you are playing for money, find a table whose minimum is no more than 5% of the amount you are willing to bet. While picking a table, check out the table rule variations, such as doubling down options or dealer having to stand on a soft 17. If you know a little bit about these rules, you can pick out the table that best suits your playing style or level of expertise.

· If you have two cards of the same value, split your hand, Unless you have a pair of tens. You can double your chances of winning!

And remember to tip the dealer. They work for lousy wages, and a dealer who feels kindly towards you will probably deal you better cards, provided that they have any control over this at all. Regardless, it never hurts to have the person running the table on your side, and a little kindness can go a long way towards success.

Acquire Baccarat Winners Strategy for Success

Other than just being the game that Ian Fleming used as the backdrop for the first ever book he wrote that featured the now-legendary British spy, James Bond, (switched to poker in the newer vision featuring Daniel Craig) baccarat has always been sought after by casino lovers starting from the beginning of the last century when the game gained notoriety through the Wild West casinos and gaming halls.

Warning:

But, before I continue, I have to warn you. Beware of the many frauds online and offline that promise you that their system will break the casino. Don’t purchase any of these books or online manuals. Even if you use the Martingale system, you will crash as soon as you reach the highest amount of money you can place as allowed by the casino. Likewise, don’t count cards as well.

Why?

Baccarat is a game based on luck. Neither can its outcome be predicted nor can you calculate odds of receiving a certain card. So, just give up on these types of tactics. They are doomed to land you in hot water.

So, should I just give up and leave the outcome to chance?

You can, but why should you not try and improve your chances by practicing some of the easy to pick up tips mentioned here? At least, try them out before you decide.

1) Look out for the baccarat table that uses the least amount of card decks.

Because a large amount of card decks means that your chances drop, it is advisable to try and locate the table that uses as little decks as possible. Ask around. But, if you can find one that plays with only one deck, watch it. Usually, casinos reserve this baccarat table for the high-rollers.

2) Remember that the Bank Wins, Usually.

Most newcomers to baccarat follow this as if it was one of the ten commandments. This causes many others to stay away from this strategy. But, you shouldn’t. If possible, bet with the banker whenever possible. Do this and the odds will work in your favour.

3) Play with an amount you are willing to lose.

Though not specific to baccarat, this is one of the major reasons that many people play badly as soon as money comes into the equation. The pressure of losing too much cash causes the most skillful of players to blunder. When you are wagering money that you cannot afford to lose, this pressure will destroy your game.

4) Before joining a table, watch those playing.

One of the best methods to win is to select a table where the players are not very good. To do that you must stay back, observe and judge their performances. Another thing to look for is how the role of the banker rotates between the players. Under no circumstance should you join a baccarat game before you have surveyed the table.

5) Learn control.

Even before you pick a table, you must sort out exactly the amount of money you are going to bet with. Set this figure by judging how much cash you can lose without becoming too nervous. If you lose more than you had decided on, quit. Every game you play after you cross that sum will be risky because your mind won’t forget that you are wagering with money you cannot afford to lose.

6) Stay away from high-roller baccarat games.

Even though the temptation to make big bucks is great, stay clear of these tables. Not only will you stand the chance to lose all your money in a few rounds, just the thought will remove any enjoyment you would have derived. If possible, stick to the lower betting tables or try Mini baccarat where you can place wager of about twenty-five cents.

Conclusion:

Don’t let the rumours about baccarat scare you away from playing this exquisite card game. Its easy to learn, and if you participate without playing rashly, you can make a decent amount of money.

Dominic LoRiggo – The Man Who Mastered the Secrets of Winning at the Craps Table

In the world of gambling craps has always been associated with a purely luck game that depended on a player getting hot or getting on a streak. You see it all the time in the movies and TV shows where a player starts playing craps and gets on a winning streak so big that he would end up playing at the table all day and his friends come back the next day to see that not only has he lost all his original money but has lost all of the money that he has borrowed to keep playing on top of that. It can be a fun game but it could drain your pocket book really quick. Has anyone ever cracked the system to consistently win at the crap table? So far only a few and we will take a look at the incredible feat of one infamous individual.

Dominic LoRiggio was a man who consistently made more money then the casinos that he has played at on its crap table and has earned some great praise by being called the man with the golden arm. Dominic through many years of practice has perfected the technique of getting the rolls that he needs and in his books explain the physics behind dice control and how to get the rolls you want almost every time. He says to get this style done you need to purchase a regulation craps table. He explains in his books and in his dice control seminars that there is a precise mathematical system involved and it takes discipline and focus as well as practice to be able to do this every time. He gets the cream of the crop as far as clients who sign up for his seminars like famous actors and big businessmen. These well known personalities know his reputation as a dice control specialist and if they are able to pass his courses they believe that they can also succeed at the tables. His courses aren’t cheap but in this world you get what you pay for.

He was originally part of a dice control team called Rosebud and were pretty successful at the beginning but Dominic eventually left them because their bets were too low for his taste as he was a very high roller who liked to bet big to win big. He figured that if he could consistently beat the house why not accumulate a large pot in a shorter period of time. I guess that would give him more time to enjoy his life outside the crap tables. The guy is a legend and people come from all over the globe to try to learn his golden secrets of rolling the dice. To call his feat an amazing one is the understatement of the century.

The Old West Petticoat Dealer "Madame Mustache"

Eleanore Dumont, known as “Madame Mustache in the frontier gambling saloons, was truly one of the historical phenomenons of that era. As a young petticoat dealer, she became a “super star” dealing twenty-one on the gambler’s gypsy circuit that roamed throughout the West.

There is debate about Dumont’s birthplace; some say that she was a French born immigrant named Simone Jules while others say she was born in New Orleans around 1829. What is known is that a Madame Simone Jules rolled into San Francisco’s Bella Union Saloon and Gambling Hall in the spring of 1850, took over a roulette table, and created a major sensation. Forty-niners, hungry for a mere glimpse of a beautiful woman were staggered by the young Frenchwoman with creamy alabaster skin, shinning black eyes, a flirtatious smile, and long dark tresses that fell to her shoulders. Within a few days men were standing in line to lose their gold dust to the demure mademoiselle that on very close inspection showed a thin line of downy hair on her upper lip.

The Bella union was packed night and day with players eager to see or play against the marvelous Madame Jules. Not to be outdone the other gambling halls quickly imported French women to preside over their roulette wheels. Over the next few years, women croupiers or dealers became the headliners for most of the gambling operations throughout Portsmouth Square. Then as suddenly as she had appeared Madame Jules disappeared from the scene and her name was not mentioned again in any records or newspaper reports.

Several years later in 1854, a stagecoach rolled onto the dusty streets of Nevada City, California, and a well-rounded young woman emerged. Dressed in fine Parisian clothes and expensive jewels, the whole city was set on its ear by the mysterious raven-haired French woman that descended from the coach. She was small and dainty, with doe-like eyes, a mane of curly dark hair, and just a slight hint of diaphanous down on her upper lip. She said her name was Madame Eleanore Dumont and offered nothing about her past – an inscrutable woman of mystery.

Satisfied with her transformation to Madame Dumont the gambling vixen rented a place in the center of town and hung up a sign naming her establishment, the “Vingt-Et-Un” (French for “twenty-one”). Citizens all over town received invitations to visit Broad Street and enjoy a game with Madame Dumont. Though there were over a dozen gambling halls in Nevada City, the Vingt-Et-Un was the undisputed queen of the sporting crowd. Twenty-one was Dumont’s game of choice and she was a master at the game, sweetly expressing regret as she raked in her winnings. When she closed up her table, she would order bottles of champagne to treat the losers, leading most miners to say that they “would rather lose to the Madame than win from somebody else.”

Miners and townsfolk flocked to the establishment, drawn both by the attraction of winning money and the charisma and wit of the French hostess. Decorum was strictly enforced, customers could not engage in brawling or using vulgar language; strangely enough, the rough crowd of miners found it impossible to resist the polite requests of the tantalizing owner. In a very short time, she moved her operation to larger quarters where she added faro, chuck-a-luck, roulette tables, and a staff of dealers. She called her new gambling hall the Dumont Palace and hired a Nevada City gambler named Dave Tobin to be her manager-partner.

Then over the next two years, the money rolled in on a daily basis, so much so that Tobin, who had moved in with Dumont at the National Hotel, wanted to take control of the operation. When he tried to make his move Dumont flew into a rage – just because they shared a bed did not make him the boss of the outfit. She gave him an ultimatum; if he did not like the arrangement then “get the hell out.” He certainly did not like the setup so after a final settlement he slipped out of Nevada City and headed back east.

When the gold in Nevada City eventually ran dry, Eleanore sold her operation and began a tour of the other mining camps of northern California. She opened her game in the Yuba River settlements of Bullard’s Bar, Downieville, and Sierra City; then moved on to mining camps on the Feather River and later the Klamath. In 1857 she dealt twenty-one in George Foster’s City Hotel in Columbia for more than a year before she moved on to Virginia City where she managed a swanky joint that boasted furnishings valued at over $30,000. It was during these series of California mining camps that she added the “extras” to her table operations – a visit to her boudoir requiring a “room charge.”

Dumont left for the gold strikes in Idaho and Montana in the early 1860s and by the end of her tour, she was approaching her thirtieth birthday. The passing years had not been kind to her; the long nights of cards and debauchery began to take its toll, and her once-legendary appearance slowly started to fade. Looking jaded and spent, she lost her hour-glass figure and what was years before only a faint hint of fuzz on her upper lip, had begun to darken – earning her the sobriquet-Madame Mustache.

At Bannack, she teamed up with man by the name of McHarney in a two-story gambling saloon that featured upstairs cribs for quick trysts with the young dancehall girls that worked the saloon below. They had the operation up and going for only a short time before her partner was shot to pieces in a gun battle with another gambler named MacFarlane. What to do? Never missing a beat Dumont had the bloody corpse dragged away, fresh sawdust scattered on the floor, and the saloon swung back into action as if nothing had ever happened. Then she hustled down to the jail to post a one thousand dollar bail for MacFarlane, who in less than an hour after the killing agreed to be her new partner. Yes sir, the Frenchwoman never missed an enterprising opportunity.

Coming out of Bannack, Dumont headed to Fort Benton, a hustling-bustling supply point for the Montana goldfields. Here she duplicated her previous operation that featured booze, beauties, and betting. However, the luster was gone from her earlier emporiums where elegance and decorum was paramount. She was reduced to operating in a low-rent dive. Steamboat captain, Louis Rosche described Dumont’s gambling saloon:

“The inside of the gambling house was worse looking even than the outside. The bar and the gaming rooms were housed in one big downstairs room. A rickety set of stairs led up to a second-floor balcony where I saw doors leading to about a dozen smaller rooms. The place was foggy with smoke and smelled of sweating, unwashed bodies and cheap whiskey. The floor was filthy… Faintly from one of the upstairs rooms I could hear the gibberish of a drunken man and the high, shrill laughter of a woman who was quite sober.”

Dumont bounced from one location to another until she decided it was time to retire from the gambling life so she bought a cattle ranch in California and for a short time tried to make a go of it in honest work. Quickly realizing she had no idea how to run a ranch she hooked up with a smooth-talking man named Jack McKnight who claimed to be a savvy cattle buyer. Handsome and well-dressed, McKnight promised her he could take care of everything and they tied the knot. With the ink barely dry on their marriage certificate McKnight did just that – he took everything she had and absconded.

Forced to return to the only thing she knew how to do Dumont hit the mining camps and eventually landed in Deadwood in the fall of 1876. She dealt twenty-one in various saloons and was observed by John F. Finerty, a journalist for the Chicago Times. In an article, he wrote: “She had a once-handsome face, which crime had hardened into an expression of cruelty. Her eyes glittered like that of a rattlesnake and she raked in the gold dust or chips with hands whose long white fingers, sharp at the ends, reminded me of a harp’s talons.”

Reduced to barely eking by as a dealer in low-class gambling dens, Dumont finally drifted into Bodie, California, in 1879. By this point, she was usually drinking heavily and finding it much harder to compete against professional sharps that sat at her twenty-one table. On the night of September 7, at the Magnolia saloon, she borrowed $300 to bank her table against two blacklegs. Try as she might she just did not have it in her; she was 49, penniless, befuddled by a whiskey soaked brain, and finally as she turned the last card she was completely out of luck. Gathering all the dignity she could muster she pushed her chair away from the table and stood up, “Gentlemen, the game is yours.”

The next morning they found her dead lying beside an empty bottle of morphine. Among the personal items found on her body was a letter that she had written. Along with directions for the disposition of her effects, the letter stated, “she was tired of life.” The Sacramento Union summed up her entire life with these few lines: “Bodie: September 8. A woman named Eleanore Dumont was found dead today about one mile out of town, having committed suicide. She was well-known throughout the mining camps.”