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Types of Online Gambling
Is It Legal?
On December 23rd, 2011, the US Department of Justice determined that real money casino games, online poker, and fantasy sports betting were legal. Within six months, Delaware became the first state to legalize online gambling, with Nevada and New Jersey following shortly afterwards. Since that time, there have been many changes in the laws for gambling online.
Generally, internet casino gambling in the US isnât clearly stated as legal or not if the website is based outside of the US. No federal laws exist that ban the placing of bets online. However, the law does prevent US residents from running gambling websites.
Online gambling laws vary from state to state. Research and make yourself familiar with the gambling laws in your state. Most online casinos have a minimum age of 18 to be able to play.
Types of Online Gambling
There are three main types of internet casino gambling: poker, casino, and sports betting casinos. Success in these games is by pure chance. The enjoyment comes from the fun gameplay and the hope of winning some extra cash.
Poker
Online poker sites allow players to use real money to credit the same amount into an online account on the website that the player is playing at. The funds are used to participate in the games and tournaments that are available on the site. It’s like getting chips at a regular casino.
Participants can withdraw their money whenever they want to. You can enter some poker games with as little as $2. Any money won in a game is real money that you can withdraw.
There are a variety of styles of poker you can play. Some of the online favourites are Texas Hold ’em, Five Card Draw, Omaha Hi, Stud Poker, Triple draw, Razz, and Badugi. Of course, there are further variations on those games, and it can differ from site to site.
If you’re not sure how to play poker, most sites have the basic rules of how to play on the website. There are often free practice rooms that you can play in until you feel certain that you understand the game well enough to bet real money.
Casino
Most online casinos have all the favourites â slots, blackjack, and roulette â as well as a variety of other game options too. Live dealer options are available on some casino sites. Most of them offer a variety of sign up promotions and bonuses as well.
Most have apps that allow you to play on your mobile devices so that the games are completely portable, and you can play anywhere. Mobile apps are secure and allow you to have the gaming experience anywhere you are 24 hours a day.
It’s easy to sign up for an account on the site of your choice. You may need to download the client software, although some sites have a no download option, and use common programs such as Flash or Java to play games on your web browser. You then choose your method of deposit for your funds, transfer the amount of your choice, and start enjoying your favourite game!
Sports Betting
The goal of sports betting is to predict what team or person will win a sporting event, and you bet money on what you think will be the outcome. You win money when you are right, and if you’re wrong, you will lose money. That is the basic premise of betting on sports.
There are eleven states in which online sports betting is legal to participate in. Some allow in-person betting, some allow online betting, whereas some states allow both. Check what is legally allowed in your state before you participate.
Sports betting includes games such as:
- MLB
- NBA
- NFL
- NASCAR
- Golf
- Tennis
- NCAAF
- UFC
- Boxing
- Esports
- Soccer
- Motor Sports
- XFL
Practice and learn how to participate in betting on sports; there are plenty of free fantasy sports betting sites. This doesn’t involve real money, so you can hone your skills before betting your cash on a sports event. Some sites will also have competitions that offer cash prizes you can vie for while playing the free games.
Responsible Gambling
With gambling being one of the most lucrative online businesses these days, it isn’t easy to find someone who has not tried it at least once. The high-speed instant gratification of Internet games offer privacy at a level regular casinos, and betting establishments do not have. The thrill of the game, the sights, sounds, and instant winnings can sweep one away into the excitement and forget about setting limits on money and time spent playing.
Know your limits and stick to them. Most online gaming sites have policies in place to help those who are struggling to play responsibly. They will provide support for clients and tools to help them maintain their level of responsibility so that all can enjoy a secure and entertaining atmosphere online.
Players can take control and register for self-exclusion programs online that helps set limits to stay within a dollar amount for betting or time spent playing. Some online gaming sites set limits on deposit increases and make it so that it doesn’t take effect for 24 hours after the change. Advertising that targets vulnerable persons is regulated so that it doesn’t encourage them to increase their gambling.
Ultimately, it belongs to the player to regulate themselves and to reach out for help. There are many supports available to help deal with out of control gambling, whether it is online or in a regular casino. Enjoy gaming responsibly!
Latest News
1/ST PARTNERS WITH FRANCE GALOP TO BOOST INTERNATIONAL RACING BETWEEN FRANCE AND U.S.
1/ST, North Americaâs preeminent Thoroughbred racing and leading pari-mutuel wagering company, has today announced a breakthrough partnership with France Galop, the governing body of French horse racing.
This new initiative sees both parties come together to form a series of high-class partnerships that will power increased international participation across a host of top-quality Graded contests and marquee race days, beginning with the $100,000 Grade 3 Gallorette Stakes on Preakness 149 race day at 1/STâs Pimlico Race Course in Baltimore, Maryland on May 18. The winner will be automatically qualified to run in the âŹ250,000 Group 1 Sumbe Prix Jean Romanet Stakes at Deauville on August 18. The Galorette winner will also receive a free equine travel stipend to cover its subsequent travel costs to France.
The collective aim is to establish long-lasting links between revered races in France and valuable turf contests at 1/ST racetracks across North America, boosting the international profile and prize funds of all participating contests and increasing the number of runners entered in these races which, in turn, will engage a wider international audience and drive global wagering turnover.
This innovative collaboration with France Galop leverages natural synergies between two powerhouses of the sport. Moreover, it builds on similar global âgatewayâ partnerships which 1/ST has already formed with Ascot Racecourse (via Gulfstream Parkâs Royal Palm series for Royal Ascotâs juvenile races) and the UK Jockey Club around the Group 1 July Cup and the Eclipse Stakes, now twinned as qualifiers for the newly minted California Crown taking place at Santa Anita Park on September 28, marking Californiaâs richest day of racing.
As an automatic qualifier for France Galopâs Prix Jean Romanet, the Gallorette Stakes also shines the spotlight on a high-profile undercard for Preakness 149. This yearâs Preakness 149 race day will be the most lucrative in the eventâs history with $3.3 million on the line, highlighted by the running of the 149th Preakness Stakes, the middle jewel in the Triple Crown, featuring an increased $2 million purse. These enhanced purses reflect 1/STâs vision for the future of the highest standard of world-class Thoroughbred horse racing, combined with unique and elevated guest experiences, and exciting opportunities for owners, trainers and bettors to usher in a new era for racing.
Aidan Butler, President of 1/ST, said: â1/ST is thrilled to create another great global partnership, breaking new ground in France with our friends at France Galop. This Gallorette-Romanet pathway is an exciting trial for hopefully more reciprocal race days in France, considering France Galopâs rich heritage in staging many of the most prestigious turf contests in Europe at courses like Deauville, Chantilly and Longchamp.
âWe look forward to announcing more global racing partnerships over the year ahead. Whether weâre bolstering the brand, increasing horse-recruitment numbers, or driving wagering dollars overseas, itâs high time for more innovative moments on the worldwide racing stage.â
Henri Pouret, Chief Operating Officer at France Galop, added: âWe’re naturally delighted to be teaming up with 1/ST on this compelling initiative which will introduce many new French racing fans to Preakness 149 and add some welcome transatlantic flavour to the Group 1 Sumbe Prix Jean Romanet Stakes, now in its 20th year of attracting the best middle-distance horses in the business.
âThe travel stipend is an excellent incentive for facilitating stress-free long-haul travel, helping to secure a stellar field of global contenders for the Romanet, and proving that racing is a sport whose worldwide appeal is no barrier to worldwide participation, be it in France or the States. We look forward to welcoming the Gallorette victor to Deauville later this summer and building on the success of US-trained horses at other elite European events, such as Royal Ascot.â
Gaming
Digital Asset Horse Racing Game Stables Appoints Lebnan Nader CEO And Unveils International Expansion Plan
Stables, the Paris-based Web3 Equestrian Fantasy Game, has appointed venture capital veteran Lebnan Nader as Chief Executive Officer.
Lebnan Nader, who had founded and run several gaming and technology businesses, will oversee an international expansion as Stables seeks to add horses and attract owners from outside its French home market.
Launched in January 2023, Stables was born from an ambitious project funded by PMU, the European leader and number 3 worldwide in horse betting, alongside the startup studio 321. The game is designed to bring the excitement of horse racing into the digital realm by combining real data from actual racehorses with an online Web3 gaming experience where horses are represented as tradable non-fungible tokens.
“Stables brings together two of my favorite domains, video gaming and horse racing. Two sectors I’ve been involved in for the past 12 years. The game’s ambitions are high, and that’s what convinced me,” said Lebnan Nader, CEO of Stables. “The teams have done a tremendous job, and we will continue to develop the game, but my priority will be our community, as they are our greatest strength.”
A graduate of HEC Paris with nearly 20 years experience in strategy, product development, and market positioning in the digital sector, Lebnan co-founded an internationally acclaimed video and VR gaming studio, and also co-founded a software company for lottery and betting operators.
PMU’s initial gamble to reach a new audience has paid off as Stables now boasts a community of several thousand engaged players, aged 25 to 40 on average. The community is currently composed of 70% French players and 30% from the rest of the world.
The Stables teams are now expanding the gaming experience by adding new features that will allow any player, even without owning NFTs, to be able to explore Stables for free. A seasonal horse racing system with an in-game leaderboard will be introduced, as well as “The Paddock Gazette,” a feature allowing the analysis of all NFT data and comparing their performances.
The ability to interact with other players and access numerous new horses are among the features currently in development.
“In 2023, Stables succeeded in realizing PMU’s bold vision of diversifying the world of horse racing into Web3 and becoming today’s reference in equestrian fantasy gaming. Contributing alongside its historic partners to the financial support for an accelerated development of Stables represents for the Tezos Foundation a natural progression to the adoption of Tezos. Among other things, the Tezos Foundation always listens to the needs of management teams and economically engages in projects that have adopted its blockchain to be an active participant in their growth stages,” says Jean-FrĂ©dĂ©ric Mognetti, Executive Director of the Tezos Foundation.
“Convinced of the relevance of the project, it seemed important to involve new investors. We enthusiastically welcome the financial support of the Tezos Foundation, which strengthens a proven technical collaboration that the project has benefited from since its inception,” comments Emmanuelle Malecaze-Doublet, CEO of PMU.
Latest News
SINGAPORE & UK TOTE COMMINGLE POOLS ON BRITISH RACING
The UK Tote Group and Singapore Pools have signed a new agreement to commingle pools.
The agreement sees both organisations combine liquidity with customers of Singapore Pools betting into the UK Toteâs pools on British racing meetings. This creates bigger UK pools, ensuring a better customer experience for racing fans in the UK and in Singapore and an improved financial return to the sport.
The agreement was made in partnership with Arena Racing Company and Racecourse Media Group as the media rights holders for British racingâs 59 racecourses. Singapore Pools have been long-standing partners of British racing, hosting local pools on the sport. This collaboration between these stakeholders further deepens the relationship, benefiting racing fans and the sport.
Simon Leong, Chief Product Officer of Singapore Pools, expressed his enthusiasm for the new commingling arrangement with the UK Tote. He said, “We are delighted to collaborate with the UK Tote on this new front, which not only provides our customers access to larger pools but also contributes to British horseracing which have been telecasted in Singapore since 2010. We deeply appreciate our longstanding partnership with British racing and look forward to further strengthening the communal horseracing ties shared between us. Singapore Pools will continue to bring quality products from around the world to Singapore and elevate the racing experience for all.”
Jon Knapman, International Chief Commercial Officer of the UK Tote Group, said: âThis is a really positive development and weâre pleased to have the opportunity to collaborate with colleagues at Singapore Pools to ensure bigger pools for all our customers. We will continue to cooperate and commingle with our international pool betting partners to ensure bigger, more unified pools on our racing. Weâd like to thank all involved who contributed to this new agreement.â
Nick Mills, Chief Commercial Officer of RMG, said: âSingapore Pools have been a long-standing partner of British and Irish racing, having hosted local pools for over 15 years. This is a great example of British racing working together and we are delighted to work with all parties to facilitate commingling into the UKTG and therefore provide greater liquidity, which will see benefits to all.â
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