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Tuesday, June 14, 2005

Innovation In Bookmaking

Q & A with
Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of ferreting out new markets and attacking while other companies sit on their hindquarters and watch. One market that has always eluded offshore bookmakers is the ‘guy who likes dealing with his credit bookmaker’. Typically this market has been untouchable for the offshore bookmaker, but NOT for Dalton and V.O. Group, S.A. We had an opportunity to catch up with Dalton Wagner on his last visit to Panama.

Vegas Offshore: Tell us about this new product that you are calling your Price Per Head Agency Relationship.
Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years. The reason this market exists is the personal relationship that an onshore bookie has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however we have taken another tact. We have partnered with local bookies around the world to make their offering better and more valuable.

Vegas Offshore: So instead of attacking the local guy, you actually approach him with your offer?
Wagner: Exactly. The fact is that the relationship is the last thread holding clients to a local guy. Yes, there is the fact that the local guy extends credit, but with bonuses and promotions we can overcome that offering. The key is the relationship.

Vegas Offshore: I’m confused, please explain.
Wagner: As you know, the onshore bookmaking market has lost steam to the offshore providers like V.O. Group, S.A. The reason is that the offerings that I can provide are far superior to those that any onshore bookmaker can offer. The PPH concept is based on allowing the onshore bookmaker to provide his clients my offerings on a purely anonymous basis via an online automated tool. Rather, by signing up with my PPH service, an onshore bookmaker can compete with all offshore sportsbooks on equal footing offering 24-hour wagering, 365 days a year. All the bookmaker does is use an online system to assign PINs and PASSWORDs and pay me a small fee per week for the service.

Vegas Offshore: Wait a minute. So, this means that a small time operator in Cleveland, Ohio can offer all the same things that V.O. Group, S.A. does without making the multi-million dollar investment?
Wagner: Now your catching on. For as little as $25 per head per week, a guy in Ohio can compete with the biggest sportsbooks in the world. And, better yet, never answer another wagering phone call again.

Vegas Offshore: OK, I get it. They use your automated tool to drive their clients to your software online, and they simply pick up the figures at the end of the week.
Wagner: Exactly correct with one exception. Their clients can bet on the phone via our call center staffed with 250 people OR bet online. Again, they have access to all of the offerings V.O. Group, S.A. provides including call center access, client services and technical support.

Vegas Offshore: Is the PPH product only based on sports wagering?
Wagner: Very good question. The answer is no. We actually have the ability to offer clients two (2) casino products including blackjack, baccarat, slots, 3 card poker, roulette, etc. And, clients may also bet on horses at over 350 tracks worldwide.

Vegas Offshore: Wow! That truly is incredible. So, a bookie that has one client can compete with the likes of MVPsportsbook.com on equal footing?
Wagner: Exactly correct. But, there are two keys to the success of the product launch. The first is being able to compete head to head with the biggest sportsbooks in the world. But, arguably the most important factor is that since the onshore bookie no longer has to answer phones or track plays, he can spend all of his time picking up new clients, NOT writing bets.

Vegas Offshore: I remember that in a prior interview you had stated that the key is not winning, but finding more losers.
Wagner: An embarrassing quote, but true. Amateur bookmakers think that the key is to beat the clients you have. That is a huge mistake. The key to getting rich as a bookmaker is finding a new client every single day of the year. The numbers take care of themselves, the key is to get more and more people playing. That is the TRUE BEAUTY of the PPH software and agency relationship.

Vegas Offshore: Do you have any success stories to tell?
Wagner: I have many, but will tell you one that emphasizes what the PPH program can do. I have a bookmaker that has been working out of San Antonio, Texas for 10 years. The guy has historically made $200,000 a year from his 25 or 30 players. He was introduced to our product in July 2004, and today he is writing over 185 clients. The ability to outsource answering calls and writing tickets to us has allowed him to grow his business 600% and his revenue over 1000%.

Vegas Offshore: Why did his revenue grow more than his business? Is it because your lines are sharper than his?
Wagner: There you go again. That is the obvious mistake that everyone makes. Again, don’t worry about beating the clients. Worry about getting more clients to play. But, to answer your question directly, the ability for his clients to play in the casino, play 24 hours a day, play games/halves/quarters, props, etc. is where the extra revenue comes from. Our lines might be sharper, but the advantage is more clients betting more often.

Vegas Offshore: How many bookmakers do you currently work with?
Wagner: We are writing business for over 250 bookmakers now. Some represent groups as small as 2 or 3; and others represent groups as large as 500. Again, remember the key is finding as many clients as possible. If you get to where you are writing 15 clients or more, it is almost impossible to lose for an extended period of time.


Vegas Offshore: So how does a bookmaker learn more about this?
Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

0 comments

Monday, June 13, 2005

State of the Offshore Gaming Industry

Q & A with
Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of making one-dollar work like three in online marketing. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998 and has quickly risen to be one of the largest offshore operators in the world with over 50,000 active clients. We had an opportunity to catch up with Dalton Wagner on his last visit to Antigua.

Vegas Offshore: This year has been interesting for V.O. Group, S.A. and the offshore industry as a whole (advertising changes, etc.). How do you feel about the industry at the current time?
Wagner: I feel the industry is as strong as it has ever been. We are still finding that our advertising is bringing us new clients at an ever-growing rate. Some competitors are complaining that the crimp on advertising is affecting the industry, but we are not seeing this trend. Consolidation within the industry has begun, and I am sure you will continue to see smaller competitors gobbled up, and medium to larger companies merging. The weaker will go by the wayside.

Vegas Offshore: What about the rumors of V.O. Group, S.A. being bought?
Wagner: I am glad you used the term 'rumors'. The fact is that in July 2004 three suitors approached V.O. Group, S.A. because of our record-breaking profit year. In two of the cases we did see 'value' in a merger/relationship. However, at the end of the day, we could not come to terms that were agreeable on both sides. At this time V.O. Group, S.A. stands independent. And, we are happy being independent, profitable and growing.

Vegas Offshore: It is rumored that Bet On Sports (PLC; BSS.L) was one of the suitors. Is that true?
Wagner: There were three suitors that approached V.O. Group, S.A. And, in all cases confidentiality agreements were signed. For this reason, I cannot confirm or deny who any of the potential suitors were. What I can tell you is that one was a major sportsbook player, one was a major casino player and two were PLCs. I doubt that helps.

Vegas Offshore: Well, if Bet On Sports was involved, I bet you are happy you weren't involved in their November 24, 2004 stock debacle.
Wagner: The Bet On Sports stock debacle was an over-reaction by the market in my opinion. In one day you saw their stock drop 50% in value. And, the reason was poor performance in a very short period. If you looked at the other publicly held offshore gaming companies, you saw the same thing, just not as drastic as with BSS.L. Simply put, I know the founder of Bet On Sports, I know the management of Bet On Sports, I know the staff at Bet On Sports and I would not hesitate to invest in Bet On Sports. They were, and still are, undervalued in my opinion. They are a great competitor and a great company. I wish I had some of their stock at the new adjusted price. I just don't see how you can lose.

Vegas Offshore: It is rare to hear the 'competition' speaking so highly of a major competitor. Why would you do so?
Wagner: Simple. Bet On Sports is a great company. And, I am sure they would tell you the same about V.O. Group, S.A. The fact is, that there are companies out there that make our industry stronger. And, ones that make it weaker. Bet On Sports and V.O.Group, S.A. strive to make our industry stronger and more legitimate on a daily basis (as do BetCris.com; BoDog.com; etc.). What kind of ambassador for the industry would I be if I downplayed a 'good' competitor like Bet On Sports for my own benefit?

Vegas Offshore: If Bet On Sports did approach you, would you consider a merger?
Wagner: I like being independent. But, simply put, NEVER say NEVER.

Vegas Offshore: What of the rumors that you are looking at Panama as a potential relocation site?
Wagner: Our operation currently has offices in Costa Rica, Antigua and Belize. In Costa Rica we currently have over 400 employees. With employment costs in Costa Rica on the rise, the burden of Caja and the ever-changing political climate, we have looked at several alternative locations. One of the most desirable is/was Panama. However, due to the massive failure of BetPanAm.com and the political debacle involving their past gaming commission, we have decided to stay put for the current time. I think it is very safe to say that our primary location will be Costa Rica for the next 5 years. Pending any crazy licensing or governmental changes.

Vegas Offshore: I have visited your office in Antigua, however had no idea that you employed 400 individuals in Costa Rica. Why do you need such a large staff?
Wagner: Our industry has a reputation for being lazy and getting by on a shoestring budget. Most sportsbooks, casinos, racebooks and poker rooms answer phones when it is convenient and buy computers when the ones they are operating blow-up. Most are simply embarrassing to the legitimate operators. To run an operation like ours, servicing 50,000 bettors, you need lots of space, a 1st rate phone system, fiber and satellite phone and Internet backups, IT professionals, accounting professionals, etc. V.O. Group, S.A. is currently located in 35,000 square feet of space, operating 24-hours a day, 365 days a year, and we are busting at the seems. At the current time, we are negotiating to buy the building next to us for future expansion. I think we will employ 600 people come this same time next year.

Vegas Offshore: I have noticed that you are still branching into other products. How has this strategy worked for V.O. Group, S.A.?
Wagner: In 1998 we started with our sports product. We then branched into the casino product. In 2001 and 2002 we opened several major race books and poker rooms. The fact is that we are profitable in all products. However, our core product, and hub for our advertising, is focused on the sports product. The strategy has worked, but we will not desert our core product. You can look for our re-launch of interactive betting in early 2005 and bingo in mid 2005.

Vegas Offshore: What other changes do you see in 2005 for V.O. Group, S.A.
Wagner: I think you will see V.O. Group, S.A. work more on our Internet interface to make it more gamer-friendly; you will see our company move into land-based gaming; and you will see us acquire two or three smaller competitors. Rather, you will see what you have always seen, expansion.

Vegas Offshore: What other changes do you see in 2005 for the industry as a whole?
Wagner: The strong will get stronger. The weak will get weaker. And, the acquisition race will be on.

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Monday, March 14, 2005

Bookmakers!

Read Below To Earn More Cash Than Ever

Are you a onshore bookmaker that wants to Minimize Legal Exposure, Increase Potential Profits, Spend More Time Enjoying the Money You Are Making, and Grow Your Business Beyond Your Wildest Dreams? If you answered ‘YES’ to one or all of these questions, then you need to look at a Price Per Head Agent Relationship with our company.

The concept of a Price Per Head Agent Relationship is based on you, the onshore bookmaker, paying our company a service fee to offer the same services that we offer to thousands of clients (on an anonymous basis).

For the first time, you will be able to offer Internet and Phone access to Sports, Horse and Casino (2 casinos) wagering to all your current clients (via a simple PIN and PASSWORD betting system). No longer do you have to compete with offshore sportsbooks and lose clients. YOU WILL BE ABLE TO OFFER EVERYTHING THAT THEY OFFER!

We are Licensed to offer bookmaking services.

We have been in business for 7 years.

We write business for 15,000 clients daily.

We are open 24-hours a day, 7-days a week, 365 days a year.

We have over 500 operators standing by to make you money!

Take advantage of our $5,000,000 USD investment to make your services better than ever. No longer will you have to answer calls all Saturday and Sunday. No longer will you have to lose clients to the offshore bookmakers. No longer will you have to worry about having your door kicked in by the authorities. Now you can compete with the Big Boys! You will simply sit back, watch the games, and earn more than ever before.

To learn more, go to our website, and click on ‘Agents’. If you prefer to use a white-labeled site without bonus and promotional text, visit www.BettorsNet.com for more information.

We look forward to being your service provider.

Call 1-888-333-6914 for more information.

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Innovation In Bookmaking

Q & A with Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of ferreting out new markets and attacking while other companies sit on their hindquarters and watch. One market that has always eluded offshore bookmakers is the ‘guy who likes dealing with his credit bookmaker’. Typically this market has been untouchable for the offshore bookmaker, but NOT for Dalton and V.O. Group, S.A. We had an opportunity to catch up with Dalton Wagner on his last visit to Panama.

Vegas Offshore: Tell us about this new product that you are calling your Price Per Head Agency Relationship.

Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years. The reason this market exists is the personal relationship that an onshore bookie has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however we have taken another tact. We have partnered with local bookies around the world to make their offering better and more valuable.

Vegas Offshore: So instead of attacking the local guy, you actually approach him with your offer?

Wagner: Exactly. The fact is that the relationship is the last thread holding clients to a local guy. Yes, there is the fact that the local guy extends credit, but with bonuses and promotions we can overcome that offering. The key is the relationship.

Vegas Offshore: I’m confused, please explain.

Wagner: As you know, the onshore bookmaking market has lost steam to the offshore providers like V.O. Group, S.A. The reason is that the offerings that I can provide are far superior to those that any onshore bookmaker can offer. The PPH concept is based on allowing the onshore bookmaker to provide his clients my offerings on a purely anonymous basis via an online automated tool. Rather, by signing up with my PPH service, an onshore bookmaker can compete with all offshore sportsbooks on equal footing offering 24-hour wagering, 365 days a year. All the bookmaker does is use an online system to assign PINs and PASSWORDs and pay me a small fee per week for the service.

Vegas Offshore: Wait a minute. So, this means that a small time operator in Cleveland, Ohio can offer all the same things that V.O. Group, S.A. does without making the multi-million dollar investment?

Wagner: Now your catching on. For as little as $25 per head per week, a guy in Ohio can compete with the biggest sportsbooks in the world. And, better yet, never answer another wagering phone call again.

Vegas Offshore: OK, I get it. They use your automated tool to drive their clients to your software online, and they simply pick up the figures at the end of the week.

Wagner: Exactly correct with one exception. Their clients can bet on the phone via our call center staffed with 250 people OR bet online. Again, they have access to all of the offerings V.O. Group, S.A. provides including call center access, client services and technical support.

Vegas Offshore: Is the PPH product only based on sports wagering?

Wagner: Very good question. The answer is no. We actually have the ability to offer clients two (2) casino products including blackjack, baccarat, slots, 3 card poker, roulette, etc. And, clients may also bet on horses at over 350 tracks worldwide.

Vegas Offshore: Wow! That truly is incredible. So, a bookie that has one client can compete with the likes of MVPsportsbook.com on equal footing?

Wagner: Exactly correct. But, there are two keys to the success of the product launch. The first is being able to compete head to head with the biggest sportsbooks in the world. But, arguably the most important factor is that since the onshore bookie no longer has to answer phones or track plays, he can spend all of his time picking up new clients, NOT writing bets.

Vegas Offshore: I remember that in a prior interview you had stated that the key is not winning, but finding more losers.

Wagner: An embarrassing quote, but true. Amateur bookmakers think that the key is to beat the clients you have. That is a huge mistake. The key to getting rich as a bookmaker is finding a new client every single day of the year. The numbers take care of themselves, the key is to get more and more people playing. That is the TRUE BEAUTY of the PPH software and agency relationship.

Vegas Offshore: Do you have any success stories to tell?

Wagner: I have many, but will tell you one that emphasizes what the PPH program can do. I have a bookmaker that has been working out of San Antonio, Texas for 10 years. The guy has historically made $200,000 a year from his 25 or 30 players. He was introduced to our product in July 2004, and today he is writing over 185 clients. The ability to outsource answering calls and writing tickets to us has allowed him to grow his business 600% and his revenue over 1000%.

Vegas Offshore: Why did his revenue grow more than his business? Is it because your lines are sharper than his?

Wagner: There you go again. That is the obvious mistake that everyone makes. Again, don’t worry about beating the clients. Worry about getting more clients to play. But, to answer your question directly, the ability for his clients to play in the casino, play 24 hours a day, play games/halves/quarters, props, etc. is where the extra revenue comes from. Our lines might be sharper, but the advantage is more clients betting more often.

Vegas Offshore: How many bookmakers do you currently work with?

Wagner: We are writing business for over 250 bookmakers now. Some represent groups as small as 2 or 3; and others represent groups as large as 500. Again, remember the key is finding as many clients as possible. If you get to where you are writing 15 clients or more, it is almost impossible to lose for an extended period of time.

Vegas Offshore: So how does a bookmaker learn more about this?

Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

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History of Roulette Play Free Casino Games

The term "Roulette" is derived from a French word meaning small
wheel. The origin of Roulette is not very clear. while some sources state that
Blaise Pascal, a 17th Century French mathematician invented the roulette wheel,
other sources state that the game originated in China and was brought to Europe
by Dominican monks who were trading with the Chinese. During the late 18th century
the Roulette wheel became very popular when Prince Charles (ruler of Monaco
at the time) introduced gambling to Monacco as a way of alleviating the financial
problems of the region. However, the modern version of the Roulette wheel did
not appear until 1842 when Frenchmen Francois and Louis Blanc invented the single
"0" roulette game. The game was eventually brought to America in the
early 1800s. However, the single "0" modification was rejected in
America and the two zeros "00" where returned to the Roulette wheel.
The Roulette wheel gained a great deal of popularity in America during the California
Gold Rush.

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Tuesday, January 25, 2005

Casino Withdrawals Methods casino games

Casino Withdrawals Methods
casino games

Betting at an online casino is easy. What often puts players on edge is the most important part --- getting paid.

There are a variety of ways a player can purchase credits, but there are an equal amount of ways you can get paid.

Cashing out of online casinos can take days, even weeks to get your cold hard cash. That fact has made players very uncomfortable and has caused more than a few angry customers. By far, the largest complaint by customers of Internet casinos is that they do not receive their checks in the time they expect.

International mailings can take weeks to arrive, and in some cases, never arrive at all. Couple that with the fact that some online casinos only process cash outs once per week, and you have a lengthy delay in getting your check. Some companies have informed us that they limit the number of checks processed in a week, so if you're the last in line you may be waiting a few weeks before the check is even sent.

Credit cards, debit cards, FirePay, PayPal, checks, electronic check, bank wire, and debit card are all ways online casinos use to credit your account if you’re lucky enough to translate your wagers into winnings.

Credit Card

The most common way used by casinos and sportsbooks is to deposit a refund back to your credit card. Usually this is fee-free. Caution: Casinos and Sportsbooks may only refund the amount you originally deposited to you credit card. The reason is because credit card policies do not allow higher refunds. This means if you buy casino chips for $100 using your visa card and you leave the casino with $200 most likely the casino will refund $100 to your card and send you the additional $100 using another method. MasterCard International released new rules for credit card refunds by online casinos and sportsbooks recently, which could prohibit any refund back to your card. The bank which holds your MasterCard account will determine if you are allowed to receive a refund from internet casinos. Refunds to visa cards are still possible without problems.

Many online casino operators have noted that a very small percentage of their customers can be impatient while an even smaller percentage can be untruthful, or outright fraudulent. Credit card charges and information provided by the customer must be verified, and that can take additional time.

Casinos using this method of payment: Almost every casino except casinos using Boss Media Software.

Check

Checks are a frequently-used method of payment. Because they are usually used to pay winnings that can’t be refunded to your credit or debit card. Remember that most casinos are physically located on the caribbean Islands. For this reason checks sent by regular snail mail will take a while to arrive depending on your location. Most casinos also give you the choice of using an express service like UPS or FedEx. This usually results in extra costs, which will reduce your winnings. Express services are usually subject to a $30 to $40 fee, whereas regular mail is usually free of charge. Therefore it only makes sense to use express service for higher winnings. However, you should always check with the casino. For example Vegas USA will send all checks by UPS Express without a fee. If you use this method you should have your money within 1-3 days.

Casinos using this method of payment: almost every casino.

Electronic Check

Electronic check processing is offered by all Cryptologic. This method requires a bank account in the United States. The time it states to set up this method for first time users is a little lengthy, but it has its advantages in the long run. First, you have to fax Cryptologic your checking account information, such as routing number, account number, etc. The process is explained further in the casino software. After you send in your information your account with be set up which may take a couple of days. Once your account is ready you can cash in money by electronic check, which can be used immediately. You can also use electronic check to withdraw from the casino. In this process you can cash out the total amount of your winnings. However, if you cash in by electronic check you are unable to cash out for seven days for security reasons. This process is totally automated so it is very punctual on the period of times set forth. Something you may consider is cashing in by credit card and cashing out by electronic check. This would allow you to skip the seven-day waiting period. For anyone who does not own a credit card, electronic checks is the only other way to gamble online which can be considered safe and fast. Withdrawals in Cryptologic casinos using the electronic check procedure are subject to a $1 fee per request.

Casinos using this method of payment: only casinos running Cryptologic’s software.

Bank Wire

Bank wires are an optional way of payment used by some casinos. To use this method you will be required to provide the casino with information about your checking account such as account number, routing number etc. similar to electronic checks. After that, the casino will be capable of making direct deposits to your bank account. Bank wire usually causes additional fees to be charged by the casino and therefore is only recommended when receiving large winnings. However, even if the casino wires the money to you for free, you will still be charged by your bank (usually around $10 per transaction).

Casinos using this method of payment: Captain Cooks Casino and others

NeTeller

A very new system is NeTeller. This method uses an independant provider which deals in eCash. NeTeller will provide you with a free online account. After you provide them with the required information you will be given an account number and password to access your account. After you cash out from the casino, the money with go directly into your Neteller account and you can begin using it online immediately. If you decide you want the money put in your bank account you can send your money to PayPal or DirectPay (Yahoo) which will provide you with that option plus the option to use the money for online purchases. PayPal and DirectPay are online cash systems that were mainly established for the field of online auctions (for example on eBay and Yahoo Auctions) and other purposes to transfer money over the Internet. Money deposited from a NeTeller Account is available instantly.

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Monday, January 24, 2005

Blackjack History casino games

Blackjack History
casino games

The history of blackjack is unclear, however the generally accepted thought is that it evolved out of other French games such as “chemin de fer” and “French Ferme”. Blackjack originated in French casinos around the 1700's where it was called “vingt-et-un” (twenty-and-one) and has been in United States since the 1800's.

The name blackjack came from an early bet (since discontinued) that paid 10 to 1 if the player got a jack of spades and an ace of spades, both black cards, as the first two cards.

In the late 1950's and the 1960's mathematical information was published that showed sophisticated gamblers how they could play nearly even with the house and perhaps gain a slight edge. One of these books became so popular that it made the New York Times bestseller list. This information sparked the interest of the public and made it the number one table game in the U.S. in the 1960's as it has remained right into the new millennium. The casinos made a bundle from the games newly gained popularity and all of the media attention it generated.

The casinos, however, were not happy with the success of a book that told the public how to beat the house. They tried to change the rules of blackjack to make it more difficult to win. This didn't last long as people protested by not playing the new rules version of blackjack, and the resulting loss of revenue quickly forced the casinos to revert back to the old rules.

The Casinos, however, did make changes to increase their odds. They introduced multiple decks, shuffling machines, and frequent and early shuffling among other changes. These changes plus the reality that the methods described in the books were difficult to master (if indeed you could understand them) and restored the casinos edge to odds they considered acceptable.

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Slot Machines casino games

Slot Machines
The majority of a casino’s actions and winnings come from Slot machines. They are simple to use, inexpensive to maintain, and require little attention or player skill (although some people swear that luck is also a gambling "skill").

There are many different machine casino games. Jackpot size, combinations, symbols, size and number of coins allowed in each machine can vary. Included in these games are the popular video poker games. Modern machines are completely electronic. Symbol combinations come up randomly and machines are pre-programmed to return a certain percent to the players.A slot machine returns between 85 percent and 98 percent, depending on the game, location and usage. The average house advantage is calculated to be about 9 percent. Only play slots at a casino with a 98% Payout Average.

General Tips
Recognize the symbols that constitute a jackpot on your machine. All machines are different. Las Vegas attendants say winners routinely walk away from winning machines without waiting for the rest of the payout from attendants. The largest jackpots are all paid by attendants.
If you're lucky enough to hit an attendant-paid jackpot -- typically $1,200 or more -- do not touch your machine or leave it for even a second. Do not insert more coins or allow anyone to touch it. A attendant must come by to complete the transaction.
Always play the maximum bet. If a machine will take a bet of five quarters, place the five-quarter bet. This gives you the best odds of winning long-term if you get a good hand.
If you like to play slots, Always look for a 98% or higher payout with a progressive jackpot.
Hot Tips That Slots Players Need To Know Are there any sure-fire ways to win at slots? Absolutely. Here are some ways:

Play the progressives with maximum coins.
Continue to play only if the machine is hitting at least one out of four spins.
Stop playing and cash out if you double your bank roll. Example: If you alloted $100.00 ro play slots and you accumulated $200.00 or more in winnings -> CASH OUT!
Stop playing at a pre-determined limit. Don't get caught up in the "I need to win my money back" mentality.
The above ways doesn't guarantee that you'll become an instant winner, because it's tough to beat a house edge that generally runs well over 10 percent, but it also doesn't have to be so tough on your bankroll. So, let's get started...

The only true skill to playing slots is machine identification.
Example: Progressive machines offer the opportunity to compare and shop around for the best value. One 25 cent "machine carousel" can have a progressive jackpot of $2,600, and another bank of machines- exactly the same and standing side by side-$1,900. You should always be looking for the best opportunities possible.
Casinos will advertise machines that have a 98.5 percent payback. WOW! A casino game holding just a percent and a half, and on a machine no less. But there's a down side. If you look closely at the advertisement, it will probably say "on select machines." Furthermore, it probably won't be posted on the machine itself, and it will generally be limited to a single bank of machines in the casino. Now it becomes your responsibility to find them. Easiest way: Ask a employee, and if he or she doesn't know, have one of them ask a direct supervisor.
Casinos give away millions of dollars in comps each year, and as a player, you deserve your share. Repeat, you deserve your share. How? Casinos now offer you the ability to "comp yourself" by using one of their player's club cards. It's generally based on the number of coins you cycle through a machine, so you might as well get credit for all those quarters you're inserting. Shop casinos for comp value and find out what you're worth to them. If you play online slots, look for a casino that offers the best comp points.
You always want to treat "comps" as a form of profit, but you never want to gamble just to receive them. It's much better to play a 98 percent payback machine and increase your winning opportunities than play machines with a poor return that cycle more of your coins. Remember, you're there to stay in action and possibly win, not lose your bankroll for a free buffet.
If you can't afford to play the maximum amount of coins, you shouldn't be playing that denomination of machine. If dollar slots are too rich for your blood, drop down to a quarter machine. It's always better value to play five quarters versus one dollar or five nickels instead of one quarter. The maximum coins always have the best payout value.
I recommend not playing back the credits you've accumulated. Cash out and take stock. The problem with playing back credits is that the longer you stay, the machines built-in advantage eats away at them. It doesn't take long to zero out. Example: If you have $100.00 bank roll for slots, play the $100.00 and do not allow the machine to play back your credits. Look at it this way, The credits accumulated is your profit, if any.
Can't decide which type of machine to play? If you're going to choose between video poker and slots, play video poker. Even poor play on a video poker machine will have a better payback than most machines.
Before you walk away from a machine, don't forget to press the cash-out button. Millions are lost each year by gamblers forgetting their winnings (stored credits).
You receive full payment when hitting a jackpot. Even with some relatively small jackpots, if the machine is short coins in the hopper, you'll receive only a partial cash payment in the tray, with the balance to be paid by a attendant. If you were to insert more coins and pull the handle, say bye-bye to the remainder of your jackpot.
Read all the posted material on a machine. It is your responsibility to fully understand all printed information concerning the number of coins to insert, lines needed to be lit, prizes or awards. In most cases, when someone calls a attendant over and complains the machine "just ripped me off," that individual generally didn't read the pay schedule correctly.
When you insert coins, don't assume all the tokens register before you pull the handle. Played five but only four recorded? Sorry. You'll get a sympathetic pat on the back from the casino, but no money.
Avoid machines that use video representations of symbols. With these slots, there is absolutely no way to figure out what the payoff percentage of that machine is.
Most casinos will hold a machine for you while you go to the restroom, take a short break or even go on a buffet run. Just ask a supervisor to reserve your machine and give a specific time when you'll return.
Don't chain yourself to a cold machine, even if it's your favorite. Why? Because the longer you stay on any machine, the more time the machine's built- in mathematical advantage has to work you over. This is how casinos build mega-resorts, time always working on their side and a mathematical edge on each and every machine.
Even though you're only playing slots, you still need to set a loss limit on your bankroll for both your trip and each individual gaming session. Divy up your wad per playing session, discipline yourself and stick to it.
When searching for high payback machines, ask a few employees where the local players find the best value. Simply put, locals don't play dog machines.
Leave both your credit and bank teller cards at home so you will not be tempted with the easy convenience of getting cash. Only bet what you can afford to lose.

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Blacjack History casino games

Blacjack History
BlackJack originated in French casinos around 1700 where it was called "vingt-et-un" ("twenty-and-one") and has been played in the U.S. since the 1800's. BlackJack is named as such because if a player got a Jack of Spades and an Ace of Spades as the first two cards (Spade being the color black of course), casino games the player was additionally remunerated.

The game was christened 'Blackjack' because if a player held a Jack of Spades and an Ace of Spades as the first two cards, the player was paid out extra. So with Spades being black and Jack being a vital card - Blackjack was born!

Gambling was legal out West from the 1850's to 1910, at which time Nevada made it a felony to operate a gambling game. In 1931, Nevada re-legalized casino gambling where BlackJack became one of the primary games of chance offered to gamblers. As some of you may recall, 1978 was the year casino gambling was legalized in Atlantic City, New Jersey.

The first recognized effort to apply mathematics to BlackJack was recorded in 1956, when Roger Baldwin published a paper in the Journal of the American Statistical Association entitled "The Optimum Strategy in BlackJack". In 1962 Professor Edward O. Thorp refined basic strategy and developed the first card counting techniques. He published his results in a book that became so popular that for a week in 1963 it was on the New York Times best-seller list "Beat the Dealer".

Because of this book a number of casinos changed their blackjack rules, giving themselves an even greater advantage than they had previously enjoyed. But this didn't last for long, because people protested by refusing to play the game with the unfavorable rules, casinos quickly responded by going back to the original rules.

Over the next few years, more books and more systems devoted to winning blackjack were published in fact some proposed to provide enough information to allow the reader to live off the profits of their efforts, publications such as Lawrence Revere's "Playing Blackjack As A Business" and Stanley Roberts' also helped to share the wealth with his winning systems in his book "Winning Blackjack". Soon blackjack began to compete with craps as the most popular casino game in the state of Nevada.

In the 1970's computers which could perform a million-hand BlackJack simulations allowed players to produce sophisticated game strategies and many scientists, mathematicians, university professors, and other intellectuals began writing books on the game. Soon it became evident that Casinos were afraid that scientific, computer-devised systems would have harmful effect on their potential profits, and many changed their games from single deck to multiple-deck games in the 1970's to counteract the computer strategies.

A living legend of the period indeed worth mentioning was Ken Uston, who used five computers that were built into the shoes of members of his playing team in 1977. The gamblers won over a hundred thousand dollars in a very short time, but one of the computers was confiscated and sent to the FBI. The FBI experts concluded that the computer used public information on BlackJack playing and was not a cheating device. As a result of his astounding success, Uston was barred from at least seven of the major Las Vegas casinos and sued them for violating his civil rights. He was found dead in a rented apartment in Paris in 1987, the cause of death remaining undetermined.

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Friday, January 21, 2005

Knowledge Of The Game Blackjack casino games

Knowledge Of The Game Blackjack casino games
Do you know what Blackjack is? Do you know what you're doing when you sit at a Blackjack table? I hope you do. A lot of people go to a casino and think they know the game. Yet, some of them don't realize that when the dealer has Blackjack and they have 21 with three or four cards, that the dealer wins the hand. They think it's a tie. I hear people ask dealers, "Do I win with five-card Char­ lie?" "Do you still have surrender?" "Do you hit 17?" "Can I split this hand?". I can't believe these people are willing to put their money in front of them without knowing the rules of the game?

There are card counting strategies and other subtleties of the game which are best taught in a school. Attempt to fine-tune your game in certain areas and emphasize a conservative style of playing. I also promise to make you an expert in Money Management and Discipline if you are willing to faithfully obey the rules in those sections.

What is Blackjack? Blackjack is an Ace, and either a 10, Jack, Queen, or King. The object of the game is to get as close to 21 as possible without going over. If you wind up with a hand that's higher than the dealer's, and you didn't exceed 21, you win and get an even money payoff for your bet, and in mo st casinos you'll get 3-2 for getting a Blackjack (as long as the dealer doesn't have one). All of the cards in the deck are equal to their face value, except for the Ace. The Ace can count for 1 or 11, at the discretion of the player. As for the dealer, if he has a "soft" 17 he must stand. This is because the rules in Atlantic City and Las Vegas state that the dealer must stand on all counts of 17 hard or soft. A hard 17 is a 10 and a 7—a soft 17 is an Ace and a 6. When you have an Ace in your hand, it is called a soft hand because you have the option of using the Ace in a soft or flexi­ble manner, either as a 1 or 11. For example, if you had 2-A- 2-3-A, your hand would total 9 (if you count both Aces as one) or 19 (if you count the first Ace as one and the second as 11).

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Types of Slots casino games

Types of Slots
There are many different types of slot machines; sometimes even the King can get overwhelmed! There are one line, two line, even five line slot machines; there can be two symbols on a reel, all the way up to five.

A typical machine is three symbols on one reel. The goal is simple; line up the three symbols and get paid off.

A more complicated machine would have three reels and three lines. The more reels you have, the more of a chance that you have of winning.

The hardest type of casino games to understand is the Pay for Play. When you put in one coin into the machine, you qualify for a prize that is just associated with that one coin. Casinos will usually give you a detailed breakdown of how the Pay for Play games are played, so it is recommended that you read these rules and understand them completely before playing. If you are unsure about it, stick to the straight one reel, three symbol games.

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Thursday, January 20, 2005

Blackjack Tournament Information and Strategies casino games

Blackjack Tournament Information and Strategies
Blackjack Tournaments, whether played online or at land-based casinos, offer one of the best values in the gambling world. Competing against other players instead of against the casino games itself means that a smart player can get a big edge by learning to play better than the average gambler.

Introduction to Blackjack Tournaments
What are they?

A typical blackjack tournament consists of several rounds of play, with tables of 6 or so players competing against each other in each round. The format is usually an elimination format, where only 1 or 2 players at each table will advance to the next round of play.

Each round consists of a set number of hands. All players begin the round with a equal amount of chips. At the end of the round, the player or players with the highest bankroll will advance. Rounds are usually between 20 and 50 hands each. Each player must play each hand with a bet in the allowed range. Some tournaments are played with real money chips, while others are played with non-negotiable tournament chips issued to the players.

Rather than the dealer always dealing to the first chair (first base) first, a button is placed on the table in front of a player, who serves as first base on this hand. The button then moves consecutively around the table with each passing hand. This gives each player the opportunity to play as first base and third base in turn. More importantly, since players must bet in turn starting at the button, the disadvantage of betting and playing before the other players moves around the table.

Most tournaments consist of 3 to 5. A typical format might be 2 of 6 advance, 1 of 6 advance, then the finals. This format with 6 players at the final table would allow for 108 entries at 18 first round tables. Often in smaller tournaments, the first round will be split up into several qualifying rounds, so that if you do not advance, you can re-enter for another first round seat.

Why should I play?

The prize pool for a tournament is usually, but not always, 100% of the entry fees paid by the players. This means that the casino has no advantage over the players in the tournament. Indeed, the skillful player can have a huge advantage over the other players if those players are less experienced in tournament strategy. Many casinos will guarantee the prize money even if the tournament does not fill up with entries. In these cases, the casino is literally paying the players to play the tournament! From the casino's viewpoint, it is a good marketing play, since they are drawing new players to the tables between the tournament rounds.

Since the larger tournaments usually include special room rates and free food, you can save some money on your vacation to Vegas by booking it around a tournament. If you're headed to a casino destination anyway, scheduling your trip to coincide with a tournament can save you some money, and give you a chance to play for a big prize with minimal risk.

What are the typical prizes?

The prize money varies widely as you may expect. Smaller tournaments might have an entry fee of $10, and pay $500 or $1000 for first place. Most tournaments pay at least 6 places. Larger tournaments might have an entry fee of $300-$500, with a correspondingly larger payout. As I'm writing this in early 2004, popular events in Las Vegas include the Stardust, New Frontier, and Las Vegas Hilton, with first place prizes ranging from $30,000 to $1 million.

How do I find out about tournaments?

You can always call the casinos directly and inquire about their tournament schedules. With an increase in tournament popularity, many properties are adding a tournament program to their promotional calendar. Coming soon: A complete listing of upcoming events, at BlackjackTournaments.com.

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