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Advice for online gamblers

Is bingo a fair game?

Posted on April 25th, 2013 by admin

If it’s one thing that really grinds my gears, it’s when things are unfair. So you might ask yourself, is online bingo really fair? Well, depending on how you look at it, you could say yes. By that, we mean that it is as fair as other games, such as poker for example.

The main reason to why games such as bingo or poker are fair, compared to traditional casino games such as roulette for example, is that you are not playing against the casino itself, you are playing against other players. In classic casino games, the games are designed to make players lose in the long run, but in bingo the chance of winning, in a two man game, is always 50/50 if both players have an equal amount of cards. However, in bingo, the host will always take a tiny little cut from each pot in order to keep the website running – that’s how they make their money, so a small amount of the pot is always lost. But looking at the fairness from player to player, each man has an equal chance to win. You can read more about the odds in bingos online at bingoya.org as well as bingo.li/se which both has some great articles about onlinebingo!

The balls in online bingo are drawn with a random number generator, meaning that it’s actually even more random than live bingo. Websites often guarantee fairness by hiring external auditors that make sure that all the numbers drawn are random. Ballonbingo and William Hill are two bingo sites that guarantees fair bingo på nätet.

Should a bingo website fail a test by an auditor the consequences are fatal. Failed tests are reported widely on forums and the website’s reputation is immediately crushed, and even though the website might not be taken down, the vast majority of customers will leave and the bingo site will eventually go bankrupt. There’s no real need for bingo sites not to have completely random numbers in their games, as their own share comes from taking a cut of the total pot in every round. To find good bingo online gratis websites which have listed som of the most well known bingo rooms in the industry, visit bingoonline.pw or juegos de bingo gratis!

All in all, it all comes down to luck anyway. As long as you are having a good time playing bingo, as long as you feel that nice rush of winning, we think you should accept the fact that you might lose a tiny cut from each pot. After all, the bingo website needs to be able to pay their staff, and as you know: In this world, nothing comes for free.

About Sportsbetting

Posted on February 21st, 2013 by admin

People all over the world are enjoying sports betting these days, and the popularity of sports to bet on can vary quite a lot from country to country. In Europe the most popular sport is soccer, and in Canada hockey is popular, and baseball and basketball being the preferred choice of Americans.

No matter what sports people are in to, they have one thing in common – people love to bet money on the games. Sports betting is basically when two or more people puts money in to the outcome of a game, either on which team will win or as specifically as the exact result of amatch.

Sports betting structure

An odds system is used in sports betting, and it will be in proportion to the number of bets that have been made on both teams. If there are only two people involved in a bet, it means that the odds will be 1:1 and you will double your money if you win. This structure then change depending on how many players that place a bet on each team. To illustrate this, say that 20 people are betting the same amount on one game. 15 people bet on team blue and 5 people bet on team red. In this scenario, the people that bet on the red team will win much more in case their team wins than the people that bet on the blue team would if their team won.

Let’s say the bets were of €10 each in this case. That means the total pot for the game would be €200. The people that put their money on the winning team will then get to share the total pot between each other. So if the red team wins, the 5 people that won will get €40 each. If the blue team would have won, there would have to be 15 people sharing the total pot of €200, giving €13,33 to each player which is a considerably lower amount of money.

There are very few of the millions of sports bettors around the world who manages to make a good income out of betting on sports. The problem with sports betting is that there is no way to predict the exact outcome of a future event, as there will always be factors that can’t be controlled, although there are many experts that give reasonably good prediction based on statistics, and these are known as tipsters. You’ll often see these tipsters in blogs, in newspapers or on sport shows on TV. The best thing to do if you are going to bet on a game, is to find as many information you can about both sides and thereafter predict the game as well as you can based on those facts. It also pays off keeping an eye on websites such as www.pronosticoquiniela.eu and casas de apuestas deportivas. Keep in mind that the team that is expected to win is always going to generate a much lower win than the underdog, and this is also the reason as to why sports betting are illegal in some countries. There have been instances in sports where the odds have been extremely high for the underdog, leading the favorites to throw the game in order to make a profit on the other teams win.

Gamblers Fallacy

Posted on January 25th, 2013 by admin

Let’s say one of your friends would bet you that he could flip a coin 10 times in a row, and the it would come up tails every time. To make the bet fair, he would let you choose what coin to use and to make sure it was just an ordinary coin. You would be pretty certain he couldn’t do it, right? So what odds would you give him?

Most people would probably be able to give 1000 to 1 odds and actually be likely to come out the winner, but what if he actually managed to flip the coin tails up 9 times in a row. Would you give him the same odds on the tenth and final flip? If you would, it would be an enormous mistake, and that is the basis of the concept known as gambler’s fallacy. For more detailed information about gambler’s fallacy and other gambling phenomenons, try visiting Casino ZX or, for scandinavian gamblers, a swedish website call Casino på nätet!

The principle

Gambler’s fallacy is based on the idea that deviations from an expected set of random events will affect the next event in the series.

In the situation described above, it doesn’t matter that your friend managed to hit tails nine times straight, as it doesn’t make it more or less likely that the coin will come up tails the tenth time. Once the ninth flip has been completed, the odds for hitting tails on the tenth flip are 50%, regardless of the previous result. The coin won’t remember the previous flips, and every flip you make is like making the first flip in the series.

Casino gaming and Gambler’s Fallacy

For many years, Gambler’s Fallacy has played a part in casino gaming, as people naturally seek out patterns to try and beat the casino game. For example, they might be more likely to bet on black, if the roulette wheel has come up with red many times in a row. They may also double the bet if they have lost many times in a row, thinking the odds of winning increases with every lost spin they make.

The famous Martingale System is based on this. It’s a system where a player doubles his bet every time he loses, so when he eventually wins he will cover up for all his previous losses as well as winning the amount of the first bet that he made. The problem with this system is that when your doubling your bet constantly, the bet will increase drastically in a really short period of time, so when you do hit a losing streak you risk losing a whole lot of money just to win back the small amount you originally bet. If you are a spanish speaking gambler and want to read more about casino systems, there is a casino portal called Juegos de Tragamonedas that has more information about this.

Trading forex currencies as a beginner

Posted on January 2nd, 2013 by admin

Even though forex trading have been around for quite some time now, there are still a lot of new traders getting into it. Along with binary options, it’s an excellent way to start your trading career, as it is quite easy to understand and there is quite a lot of information available for free on the internet. When you first visit a Forex trading website, don’t be surprised if it at first seems a bit complicated – We’ve all been there. Just like with anything new it takes some time to get accustomed to, and you will have to read up before you get the hang of it.

In this article I wanted to go over some tips that can be useful for a new trader in order to get pointed in the right direction as early as possible. So the first thing I would recommend is that you choose a broker which is targeted towards new traders as well as experienced. If you choose a website which is targeted towards market professionals, you are not likely to receive the help and support that a new trader would need. Newbie-friendly websites often have educational centers implemented in their packages, meaning that you can actually learn Forex trading from scratch right there, instead of having to browse through the internet in order to find guides, but that’s not the only benefit. Should there be something in particular that you don’t really understand, you can get in touch with the support center, which usually consists of financial professionals which can provide you with the help you need. You can find a good broker for beginners at Forex trading portals like forextrading.pm, which reviews a lot of different Forex brokers based on numerous criteria such as user friendliness, bonuses, customer service and trading platforms. There also a spanish forex website called cambiodivisas.eu.

The second thing to do before you start trading is to open a demo account on the website. Most popular brokers that operate online offer this feature. Although it might seem a bit boring and pointless to start trading with money that isn’t real, it is a great way to actually get a feel for how Forex trading works, and given the fact that you can’t actually lose money, you can make all the common mistakes in the beginning without having to pay for them. Then, once you feel that you have developed a feel for how the trading platforms works, you can upgrade your demo account to a real account, deposit some money and start trading for real with more confidence.

It might be tempting to start trading big time, but if you’re a beginner I would definitely recommend that you start trading in a very small scale. There’s no need to rush things, you will feel that as you develop your skills, you will feel more comfortable trading with larger sums of money, but take your time. When it comes to financial trading, the old saying “better safe than sorry” is right on the spot.

Choosing a good bonus at a binary broker

Posted on October 19th, 2012 by admin

Although it might not be as common as in online gambling, the world of binary trading does offer a good amount of bonuses to new traders. These bonuses can be a good way for new traders to get a flying start in the financial world. Finding a good bonus isn’t that hard, personally I would just visit a site that reviews different binary brokers, as they usually have information on where the best bonuses can be found. One example of this would be binaryoptions.media. They have a selection of strategy guides, beginner’s guides as well as broker reviews, and is a good place to start for anyone looking to get in to binary options trading.

The bonuses in binary trading can offer quite a lot from site to site, and so can the terms and conditions do. I always advice to carefully read through the terms and conditions before accepting any bonus offer, not because I think they are out to scam people, but because that way I won’t have to deal with any unpleasant surprises when I want to withdraw money. A good website for spanish speaking traders is opciones binarias, which has listed som of the most trusted brokers in the industry.

The usual way the bonuses work in the financial trading world is by having different account types. This is something I thing is really good, as it makes sure that all traders gets the perks they need. A professional trader has different needs than a beginner. Usually you can start off with a standard account, which is usually what you’re depositing a low amount of money in to the website. This deposit can come with a bonus or other special features. If you deposit more money, you can be given a gold account. In this account the bonus is usually a bit higher, and you get access to even more features. Lastly, you can get a platinum account, and this is usually the account the professional traders go for. Although you have to deposit a lot of money in order to be eligible for a platinum account, you are usually given the best service when you have it. It usually comes with a big bonus, a personal account manager and advisor etc.

I would advice, however, that when you choose your broker, don’t choose single handedly based on the bonus which you re offered. There are so many other things to consider when choosing a broker. Personally, I always check that they have a good set of assets to choose from, and strong and easy to use platform and other things such as good customer support before looking at the bonus. The bonuses in binary broking are usually not s high as they are in online gambling, and they normally range from about 30-100% on your first deposit. However, you usually deposit more money in trading than you do in casinos, so the mount of the bonus will still be quite substantial.

What sort of casino should you play at?

Posted on October 18th, 2012 by admin

Everyone who’s into online gaming knows that there’s literally a jungle of websites to choose from on the internet, and it’s not always easy to choose which on to go to as the quality of websites ranges from really good to extremely bad and unreliable. If you’re unlucky you might even end up at a website that will scam you off your money. So here’s a few tips on things to think about when you pick your online casino website:

  • In general, it’s safer to play at a large and well known websites than on smaller and unknown websites. The biggest sites are big for a reason, and it’s usually because they get a good reputation and people choose to stay on their site. That said, it doesn’t mean that you shouldn’t play on smaller websites. In fact, the smaller one’s often have to have great bonus offers in order to compete with their more well known competitors. In general, it’s better to start off at a large website, as you’re not likely to get into any trouble, and then explore other websites as you start to get a feel for online gambling. A good place to start is Eurogambler where you can find good tips for casino gaming.
  • Before choosing you website, make sure to read up on what how other people have experienced the websites before you. There are a lot of gambling related forums for online gambling, and they usually have threads where you can recommend casinos. There are even websites specializing in reviewing gaming websites, such as juegosdelcasino.es, where you can also find information on casinos in general.
  • If it’s a website you are not familiar with, ALWAYS check up their license number, before signing up. It’s illegal to offer casino games without a license, but some website’s do anyway. Obviously, they’re not very serious and we strongly advise against playing on such websites.
  • Another thing you want to make sure of is that they have quick and efficient customer service. There’s nothing worse than having a small problem that’s keeping you from play, and then having to wait days for the support staff to get back to you. Keep in mind that the market standard these days is not only email support, but most websites also have direct chat as well as telephone service as options.
  • Bonuses are a big thing in online gambling, and if you find the right offer you can make a lot of money. But even though the bonus might look great, always read the terms and conditions before making a deposit. You want a big bonus, with a pretty low wagering requirement.

How does a poker website make profit?

Posted on October 18th, 2012 by admin

It’s easy to understand how for example casinos make their money, as customers are losing money against the bank, and every game designed to give the casino a slight edge. But when it comes to poker, there is really no “house”. People that lose money, loses money to other players, not to the poker website. So how does a poker website make their money? The answer is quite simple: with rakes. That means that for every pot that is played on the tables on a poker website, the operator will take a small percentage before giving the pot back to the winner.

So as a poker player, in order to be economical, you might want to choose a poker website with quite low rakes. Jugaronline.org has a list of reviews of very beneficial gambling websites for example. There’s no need for you to just give your money away, so you might as well read up a bit on the rakes on different poker sites. The standard rake is about 5% of every pot, and usually there is a max limit on how big one rake can be.

Don’t let your emotions take over

Posted on October 18th, 2012 by admin

If you are a dedicated sports-better, we’re sure you are probably in to a lot of sports. Most people have their favorite team which they really love and follow, which is a great thing. But is it really smart to make bets on your favorite teams matches? My personal suggestion would be that it’s okay to place a small just to make the game even more fun, but I would advise not to bet any larger amounts. But why is that? Well, the thing about you’re favorite teams is that there’s always going to be a lot of emotions involved (you always want your team to win), and that can affect your ability to make a good judgment.

We think it’s a good idea to try and separate gambling with your personal sports interest. This advise only go for serious punters though, if you only bet every once in a while, of course it’s okay to bet on your favorite team. The reason for this is that as a professional you should see your betting as a source of income, not as entertainment. Read up more on how to become successful at betting on Apuestas Deportivos, which is on of the biggest Spanish sports betting sites!

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