Watching the Industry Grow – Online Casinos

Starting in 1994, Online Casinos were offered by Microgaming, the first casino software provider, and were based out of the Caribbean. The Caribbean passed a free trade gambling law which allowed this to be the main location for online gambling sites. The Caribbean today is still the central location for online gambling websites.The following year, CryptoLogic developed software that made it possible to make and receive payments over the internet which then lead to being able to gamble via the world-wide-web. Together, Microgaming and CryptoLogic created the first online casino – InterCasino. InterCasino has since paid out at least $3 billion.Entry of Progressive JackpotsIn 1998 was the launch of progressive jackpots, which is where the jackpot adds up until someone finally wins it all, by Microgaming in the form of slots. Also in 1998, Arizona Senator Jon Kyl introduced the Internet Gambling Prohibition Act which tried to ban online gambling in the U.S., and the bill failed. The industry at this time was generating $834.5 million a year. The year 1999 marks the entrance of multiplayer games in online casinos which lead to more growth. In 2000, Crytologic became listed on NASDAQ.Breaking Records2001 – the largest progressive jackpot won to date was awarded by The Sands of the Caribbean online casino.2002 – the largest jackpot to date reaches $1 million followed by a win of a $1.5 million at another online casino.2002 – The industry grows to be worth $4.5 billion.2003 – Chris Moneymaker emerges from the world of online poker into the world of traditional poker and goes on to win $2.5 million winning the World Series of Poker.2005 – A new progressive jackpot record is reached totaling $2 million. The industry is worth $12 billion annually at this time.A Governing BodyIn 2003, the group eCOGRA was formed as a regulatory body over internet casinos with the goal of protecting the users of these websites. It has been respected as authority ever since. Live gaming is also developed in 2003.In 2004, the WTO (World Trade Organization) decides that gambling should not be off limits to US citizens especially considering that United States’ residents makes up 51% of all income brought in from online casinos in the Caribbean. Revenues this year were up to $8.5 billion for the industry.In 2006, after many failed attempts, the gestures to ban online gambling for Americans is successful and George Bush signs the bill. In 2007, Europe shifts the market from the U.S. to their countries and legalizes online gambling completely.So, what’s next for online casinos?With the election of President Barack Obama, there is hope that online casinos will be made legal to U.S. residents again. Most sites won’t even allow players to play their games while banks and credit card companies have put restrictions on their card which restrict any deposits or withdrawals for online gambling sites. It is hoped for though with the new president, there will be new opportunities for Americans to enjoy their online gambling once again.

Texas Hold ‘Em Poker Tips – Why You Will Lose at the Final Table

Let’s face it, you’re probably going to lose at the final table, even if you do make it that far in a Hold ‘Em tournament. I’m going to give a few Texas Hold ‘Em Poker Tips on how to succeed at the final table. Final table play is different to ‘normal’ play in some ways. The dynamics of the tournament change, essentially because its coming to an end. You no longer have to think about moving onto the next table, your there, that is it.The Reason Why You Will Lose At The Final TableGenerally speaking, if you get to the final table and you have the shortest stack you don’t have a good chance of winning. You’ll probably come in around eighth, unless you get really lucky and continually pull great cards. Don’t rely on that happening. Of course there is the exception to the rule where you’ll see a short stack player take the prize but really, overall, you have less of a chance of winning if you start at the final table with a small stack. Usually it’s the players who started with the biggest stacks that get to duke it out for the gold. This means if you want to have the best chance of winning the tournament you need to be in a good position before you get to the final table.Final Table Texas Hold ‘Em Poker TipsYou win at the final table with all the moves you make before you get there. Accumulating chips is vital if you want to actually win the Texas Hold ‘Em tournament. You need to get to the final table in good enough position to really be able to have a real chance at winning. For this reason it is imperative that when you get to the money tables you do not slack off your game. If anything you need to get even more serious. That is the time to attack, when you should be getting aggressive and ripping into everyone’s blinds and antes. When everyone else calms down and tightens up because they are preying they’ll get some money you should be getting excited and tearing it up.Don’t Wait For Aces And KingsDon’t sit back and wait for aces and kings to fall into your hand. This Texas Hold ‘Em Poker Tips all about attacking, chopping out pots and stealing blinds, with whatever you can make work. Often you’ll find you’ll be playing some weak hand but you’ll flop a big duke (the winning hand) and win a big pot. There is something to be said for the element of surprise. Even though you are raising with nothing sometimes you might find you end up making decent hand and winning the pot ‘fair and square.’