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ANZPT Main Event in Melbourne

Tuesday, October 12th, 2010

When the ANZPT got started on day one, there were some 310 players competing at AUD$2,700 a shot. At stake is a slice of poker heaven – to the tune of AUD$775,000. First place gets to claim a whopping $195,700 with plenty of cash fallout for the remaining players. Each of the players in the Melbourne leg of the contest was given 20,000 chips. This multi-tiered system allows for challenging competition and an enthusiastic poker audience.

Poker stars moving forward and other players heading back

This competition is not for the faint of heart though. It’s proven to be a grueling couple of sessions during which many top-tier poker stars have found themselves returning home. Players who failed to make the grade include Jonathan Karamalikis, Joe Hachem, Jay Kinkade, Grant Levy and others. But it’s good times ahead for Tyron Krost, Lee Nelson, Simon Watt, Tony Hachem, Amanda De Cesare and Martin Rowe. These stars will be shining as the tournament moves into high gear.

The chip stack king – James Obst is smiling all the way to the bank with some 156,200 chips. He’s the previous winner of the PokerStars World Championship of online poker. Hot on his heels is Ryan McKay on 154,500 chips. Popular poker player Daniel Nielson is on 138,300 chips while Carl Booth is on 121,500. Near the bottom of the leaderboard are two super players in Bruno Portaro and Mark Iskander.  The third and final day is taking place today Monday 11th October and it’s anybody’s guess whose steel nerves will outlast the competition and claim the spoils of victory.

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How to Play Craps – The Fast Moving Game

Monday, August 16th, 2010

If the dice are hot, any newcomer to the casino will be able to locate the table. The only thing he/she will have to do is to look around for the noisy table where folks are seen cheering & shouting. It is because the thrilled craps players behave in a completely different way than the focused blackjack players.

craps-rules

Playing craps is full of excitement & every new casino player shows eagerness to play craps from the very first time they fall upon the table. However, every game starter has to start playing craps somewhere & should know the basic game rules & hands-on bet. And the player will be very soon enjoying craps on the table & shouting along like others in no time.

To know how to play craps & apply the basic game strategy for a definite win, you need to do a careful homework & keep a close watch on the game right from the beginning.

Craps is a fast-moving casino table game. A busy craps table runs around at an average speed of 100 hands per hour which is much higher than the blackjack game. Unlike other table games, craps allow players to place multiple bets at a time & they need a huge bankroll to start playing it. Again, craps offer a wide range of bets in the casino, with multiple gambling options on the table.

There are several betting strategies & players are free to apply any craps game strategy according to their own convenience. However, the player will need some experience & expertise to show his craps skill & implement the advanced techniques. So, you can begin with simple game strategy, proceeding to higher level as you know more about playing the game.
It is better to seek information on every aspect of the game before landing right on the craps table. You’ll want to get familiar with the table layout & the personnel who manage it.

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A Glance At The Economic Impacts of Casino Gaming Industry

Wednesday, July 7th, 2010

Gambling is one of the bettor’s favorite hobbies, but often we find questions hovering over its economic impacts and benefits. In this challenging economic scenario, the opening of casino betting is known to generate multiple employment options and considerable tax revenues for both local and state governments along with serving a casino-gamesfinancial motivation for communities.

Reports suggest that in the year 2002, the casino industry has succeeded in offering more than 350,000 jobs in United States coupled with benefits amounting to $11 billion. Furthermore, an approximate 400,000 jobs are known to get support from casino industry. Sources revealed that local and state governments across the nation receive a hefty sum of more than 4 billion dollar in casino tax income that stands effective enough in infrastructure developments, mass safety, lodging, education and health care amongst other programs.

According to a 2 year study of lawful betting in the U.S, as conducted by the congressionally mandated National Gambling impact study Commission (NGISC), it has been revealed that casino gambling has far-fetching positive economic impacts. After thorough research, it has been found that casino gaming has not just contributed in creating jobs but also curtailed the level of unemployment.  To be precise the betting industry comes as an economic basis in several communities and serves a significant role in both regional and state economies.

The University of Chicago’s National Opinion Research center noticed that communities related to casinos experience a 12% to 17% fall in welfare costs, unemployment insurance and unemployment status after the advent of casino betting. In addition, NORC has also come to a conclusion that communities with casinos come with 43% high earnings in their lodging and hotel sectors in relation to those communities far from casinos.

It has been observed that whenever a country faces any economic hardship or an obstacle, gambling comes as a great rescue to boost a weak economy. Although there may be some side-effects of betting, but they are increasingly being outweighed by the benefits, the industry shares.

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Online Gaming Discussion In New Jersey To Sort Out Vital Issues

Wednesday, June 30th, 2010

The last few years have seen the scope of online gambling, turning out to be the most successful enterprises on the world. And New Jersey is no exception. A bill S490 was being passed by the State Senate Wagering, Tourism & Historic Preservation Committee, asking Atlantic City Land Casinos to deliver online gambling services. The move at the initial stage of declaration was condemned by the Casino Association of New Jersey, citing a declaration that they are against the state interference of Online Gaminggambling online. 

Well, in order to settle various viewpoints on online betting, the legislators of Democratic Party have come out with an opinion of organizing a gaming summit and presenting a final proposal to the public voting in a referendum this year. In reference to this context, Chris Christie, Governor of New Jersey, had appointed an advisory committee, to make necessary suggestions for enlivening the gambling industries including racetracks and land casinos.
Pointing this confusing and troublesome situation, Senator Raymond Lesniak, the sponsor of S490 opined that all sectors of the gambling industry are in a crippling state and are indirectly trying to gain upper hand and advantage at the expense of others. He also asserted that this way they are simply killing each other. He opined that the time has come for the legislator and the governor to initiate a policy based on increasing revenues from gaming and reviving the industry back to its past glory. As an assurance, Lesniak asserted that he would not pass his bill forward until and unless all the issues have been covered and a new proposal is generated.

The bill that was approved by the Assembly Regulatory Oversight and Gaming Company highlighted multiple questions related to gambling. The questions discussed included the legalizing of sports betting, allowing sports betting over internet in New Jersey, types of gambling option to operate at New Jersey race tracks and lots more .

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