May 22

Could expansion of Canada sports betting law lead to illegal match fixing?

Canada Sports Betting LawWhen the US Supreme Court ruled to overturn a 26 year old law prohibiting sports betting in all states but Nevada, it ignited a fire beneath political agendas all across Canada. One after another, advocates of legalizing single game sports betting bled from the woodwork, touting numerous benefits. At the same time, opponents began pleading their case, with a single, but ominous, message.

Sports Betting Expansion leads to Match Fixing

Anti-gambling expansion crusaders fear, above all, that such an expansion would potentially compromise the integrity of Canada’s professional sports leagues. Their theory is a simple one, and one that government officials don’t seem to have an answer for; at least not yet.

How do you ensure that the athletes and/or referees won’t be swayed by generous ‘donations‘ to throw a game, or make an erroneous call? If organized crime is able to infiltrate Canadian sports for profit, it could not only destroy a multi-billion dollar industry, but the beloved pastimes of fans all across the country.

Sandy Garossino has spent years lobbying against the expansion of gambling. In 2011, she co-founded an organization called Vancouver Not Vegas; a successful campaign that helped to dissuade Vancouver City Council from approving the expansion of a downtown casino.

She is leery of the potentially corruptive effects of single game sports betting. “You can do a lot of damage to the integrity of your oversight and regulatory culture when you make [officials] responsible for a field that is inherently at risk of infiltration by organized crime,” says Garossino.

Support Mounts for New Canada Sports Betting Law

Despite those fears, the support for expansion is mounting. The very moment the US Supreme Court decision was announced, the Canada Gaming Association (CGA) spoke out in favor of single-sport betting. Others were quick to follow.

The British Columbia Lottery Corp (BCLC) is another long time proponent of expansion. BCLC told Business in Vancouver in no uncertain terms that it’s on board with the idea, having supported altering the Criminal Code to permit wagers on individual games for many years.

Legislation was submitted to do just that in 2012. The House of Commons unanimously passed the measure, but it failed miserably in the Senate. Manitoba MP Brian Masse renewed the charged in 2016, but this time it was the House of Commons that turned it down by a vote of 156-133.

An optimistic Paul Burns, President of the CGA, believes ‘the third time’s the charm‘. In his assessment, the support of North American sports leagues, like the NBA and MLB, had everything to do with nationwide legalization in the US. He thinks similar lobbying efforts will usher in a new legislative era here in Canada, as well.

“We know that there’s an appetite for single-event wagering because of the volume of money that we’ve been able to ascertain that goes to overseas sports books,” asserts Burns. “It’s in excess of $4 billion annually.”

Single Event Sports Betting = More Money for Gov’t

If there’s one thing we can all agree on, it’s that money makes things happen. In this case, provincial governments are looking at millions, if not billions, of dollars that could be flowing into their coffers. Instead, that money is siphoning offshore to international, online sportsbooks that offer single-event betting.

It’s not illegal for Canadians to access these websites. Burns points out that the Criminal Code says gambling can only be regulated and conducted by provincial governments. But since these operators are offshore, the bets don’t take place in Canada. Therefore no court challenge has ever arisen. No Canadian has ever been charged with illegal betting for using the sites. And no government agency is collecting any revenue from it.

In a statement, BC Attorney General David Eby agrees that a change to Canada sports betting law just might be the perfect answer to a growing problem. “It may be that legalization and regulation of single-sport betting is ultimately the most appropriate route to address this ongoing issue of unregulated sites.”

written by Grameister777 \\ tags: , , , , , , ,

May 17

Canada single sports betting immediately on CGA’s lobbying menu.

Canada Single Sports BettingFollowing the US Supreme Court‘s decision on Monday to overturn a 26 year old anti-sports betting law, the Canadian Gaming Association (CGA) took immediate action. The CGA wasted no time in announcing their intention to lobby—and lobby hard—for the legalisation of single event sports betting in Canada.

US Dissolves 1992 PASPA Law

Sports betting of any kind has been illegal in all but one US state (Nevada) since 1992. That was the year the federal government enacted the Professional and Amateur Sports Protection Act, aka PASPA.

Prior to this, sports betting was only legal in four US states. Each of the four were given an opportunity continue with legal sports betting by grandfathering in their existing laws. Only Nevada chose to do so, making sportsbooks a fiery hot commodity in Las Vegas.

On Monday, May 14, 2018, the US Supreme Court voted 6-3 in favor of abolishing PASPA. As such, every state now has the right to legalise and regulate land-based and/or online sports betting activities at their discretion. Anticipating this event, more than one-third of all US states have already passed the required legislation. Their hope is to have sportsbooks open and operating before the start of the 2018-19 NFL season.

CGA Push for Canada Single Sports Betting

Opportunistic US state legislators were not the only ones anticipating this day would come. The CGA published a statement immediately following the SCOTUS decision. It was issued so fast, in fact, there’s little doubt that it was scripted before (if not long before) the ruling came down. The press release outlines their intent to vigorously lobby for single event sports betting in Canada.

The opening statement announces the CGA’s approval of the US Supreme Court decision. However, it goes on to detail the detrimental effects it could have on Canada’s own sports wagering system; unless changes to existing laws are made, and swiftly.

While sports betting has been legal in Canada for decades, punters are restricted to participation in sports lotteries, or parlay betting. We must pick multiple outcomes, and all of those picks must be accurate, or the wager is lost. The odds are not appealing, to say the least. Thus the CGA’s goal is to convince Canada’s Liberal Party that amending the laws to permit single event wagers is paramount to the continued success of provincial sports gambling markets.

The SCOTUS ruling “further reinforces that the Canadian Parliament needs to act,” says CGA Chief Executive Paul Burns. He warns the government that, “Sports betting is a product enjoyed by millions of Canadians who spend billions illegally to access it.”

Can CGA Break the Seven Year Curse?

Provinces have been pushing for single event bets for the last seven years. A simple amendment would have granted the request, giving their regulators a greater opportunity to protect consumers, professional athletes, and the integrity of sports, by permitting single-event wagers.

“This request has fallen on deaf ears,” says Burns.

Bill C-290, introduced by MP Joe Comartin in 2011, spent five years floating through Canada’s lawmaking cabinets. When it languished, Bill C-221 was introduced by MP Brian Masse in 2016. Both had the same directive—to “allow for wagering on the outcome of a single sporting event”. Both failed.

Competition Could Drive Change in Canada

Despite years of opposition to single event sports betting in Canada, there’s one thing the CGA has on its side… Competition.

Throughout history, the US and Canada have remained highly competitive in many major industries. What one does, the other follows. Sometimes Canada pioneers the movement; other times it’s the US that prompts our nation to act. Either way, things tend to get done much faster when there’s a challenge to remain competitive.

That’s exactly where we stand now. Canadian provinces may have generated millions from its less-than-appealing parlay system up until now—with billions more going to illegal single-event gambling—but now, Canadians will have the option to head south across the border and place all the legal wagers they want. If the laws regarding Canada single sports betting don’t change soon, millions more could be lost.

written by Grameister777 \\ tags: , , , , , , , , , ,

May 15

Canada to feel the burn as government ruling legalizes sports betting in US.

Canada Trembles as Government Legalizes Sports Betting in USFor decades now, Canadians have been restricted to a very limited form of legal sports betting activities. Parlays aren’t the most advantageous type of betting. But they are the only type permitted here in Canada. Then again, for most of those years, we could at least bask in the knowledge that Americans had it much worse.

Ever since the Professional and Amateur Sports Protection Act (PASPA) was passed in 1992, US punters in all but one state have been unable to bet on sports—at least, not legally. Before PASPA went into effect, four states were given the option to grandfather-in legal sports betting, but only Nevada chose to do so. Thus, any American who wanted to make a legal sports bet, traveled to Las Vegas to do it.

Those days are about to be over…

Government Legalizes Sports Betting in US

On Monday, the US Supreme Court did away with the federal law that banned sports betting in most states. By a vote of 6-3, history was made—PASPA was repealed. This opens the doors wide for any US state to regulate sportsbooks. Not just sports betting, but the most popular form of single event sports betting.

PASPA Overturned, US Sports Betting Laws ComingNot only are most states sure to jump aboard this lucrative market—in fact, several have already passed the necessary laws to do so in anticipation of this day—chances are it will trigger a mass expansion of US online gambling legalization as well. After all, online sportsbooks are sure to make a fortune, especially considering the exponential growth of mobile gaming.

Canada Must Play Catch-Up w/ Sports Betting Laws

Overnight, Canada has become the underdog in the North American sports betting market. The nation’s provinces, which are currently allowed to offer nothing more than sports lotteries (parlay tickets), stand to lose millions of dollars. They’ll have to play some very quick catch-up in the legislative ledgers to prevent it.

It would only make sense now for provincial governments to beseech federal lawmakers to amend the laws, post-haste. Until that’s done, major provincial gaming regulators in British Columbia, Ontario, Quebec and elsewhere won’t be able to provide their punters with equally appealing odds.

No doubt, officials are already scrambling to take action. Several provinces rely very heavily on the revenue generated from land-based and online gambling. Losing millions of dollars isn’t something they’ll take kindly to. And a history of competition between Canada and their neighbors below the 49th parallel should only help to expedite the process.

Uncertainty Looms as Canadians Play the Waiting Game…

While this all sounds well and good, the Canadian government isn’t exactly known for its consonance. As much as regulators and experts alike know the correct path to take, there’s every chance political figureheads will spend months, even years, debating the future of sports betting laws in Canada.

The country already passed up on a chance to generate millions, if not billions, of dollars from Americans in the northern states. MP Brian Masse spent years touting the benefits of legalizing single-event sports wagers, which would inevitably draw punters from all bordering US states to place their wagers at nearby Canadian casinos. But alas, every effort was dismantled.

Harley Redlick, a sports writer and regular columnist for the Toronto Sun, is confident that—despite Canada’s missed opportunities of the last few years—single event sports betting will be legalized in the Great White North.

“Canada will follow the USA and legalize single sports betting within a couple years to ensure its casinos and economy do not lose jobs and money to the U.S,” writes Redlick. “It is just a shame we always have to react to the U.S. versus proactively doing the right thing when we have the chance.”

written by Grameister777 \\ tags: , , , , , , , , , , , , , , ,

Jan 31

Konami Gaming’s Fortune Cup™ real money horse racing sim headed for Canada casinos?

Konami Releases Fortune Cup Real Money Horse Racing SimIf you know anything about old-school arcades and video games, the name Konami should ring a bell. Konami Gaming, Inc. has been producing first-in-class games for nearly 50 years now. Frogger, Contra, Metal Gear, Gradius, Castlevania, Silent Hill… these are just a few of their most popular series creations.

In more recent years, Konami has been using its superior gaming expertise to develop real money gambling amusements, both for online and land-based casinos. This week, the company is announcing the release of what’s sure to be a hit all across North America.

Fortune Cup™ Real Money Horse Racing Sim

The new Fortune Cup™ game is a mechanical horse racing machine that simulates live races. Its immense in size, consisting of a 9-foot wide race track, large LCD screen, and betting stations for up to 10 players. The track is fitted with 8 mechanical horses capable of traversing to course freely and independently of one another. It’s already been lab certified to meet Nevada’s strict regulatory demands, thus we know the races are as fair as any real-life situation.

Fortune Cup Mechanical Horse Race Betting

The new horse race betting game is sure to change the dynamics of casinos all across North America, where it’s being heavily promoted. Konami’s creation combines modern technology with the high demand for innovation. It was specifically designed to appeal to all gamblers, especially the tech-savvy millennial generation.

The actions of each horse are mimicked in real-time on the digitally animated LCD display. Players have access to odds and statistics for each runner, as well as information on a special mystery progressive jackpot, via touch-screen betting stations. Optional bets include the usual win, place and quintella.

Konami’s Horse Race Betting Las Vegas Approved

The creators have been running a trial of the Fortune Cup game in limited Las Vegas Strip casinos for several months through Nevada’s New Innovation Beta program. The field test evaluates new games that have been lab certified to determine whether they successfully meet payer demand. The process saves a lot of time and money for casinos and manufacturers.

Following a very successful trial, the game is now live in four Vegas casinos and available for installment all across the US and Canada.

“Mechanical horse racing is a unique attraction and beloved casino classic for its shared social experience, fun creative ingenuity, and irresistible nostalgia,” says company EVP and CCO Tom Jingoli. “Konami’s Fortune Cup is bringing that dynamic back to the casino with top quality and advanced features for players to enjoy for years to come.”

Jongoli went on to extol the excitement around the office following the official product release. “Fortune Cup has proven entertainment value both in the legacy of the product category and Konami’s roots as an amusement company for nearly 50 years.”

Fortune Cup Coming to Canada Casinos?

The only question that remains now is this; what casinos will jump on the chance to install the new mechanical horse racing game? According to this morning’s press release, Konami’s multi-station Fortune Cup machines are now available for placement in casinos all across North America.

“Fortune Cup is designed to provide new entertainment options to players and appeal to a broad audience,” says Jingoli. There’s no question that horse racing is immensely popular in Canada and the US. So many of the region’s land-based casinos were first horse racing tracks, long before the slot machines and table games came along.

The device may take up a lot of floor space, but it’s nothing compared to the space betting track casinos devote to live horse racing. This innovative real money horse racing sim gives stand-alone casinos a chance to compete with them in the burgeoning digital realm.

written by Grameister777 \\ tags: , , , , , , , ,

Jan 11

Poker pros Matt and Jaime Staples are 34lbs away from winning a year-long $150k weight loss prop bet in March.

Hailing from Alberta, Canada, brothers Matt and Jaime Staples are career poker pros who’ve gained celebrity status in recent years. Being world-traveling Twitch streamers, they’ve made quite the name for themselves. But it was a rather unique prop bet on March 26, 2017 that really got the attention of fans.

On that fateful day, Matt Staples and his older brother Jaime were relaxing in the Virgin Islands with their good friend Bill Perkins, a fellow poker pro best known for his 3rd place, $2M win in the 2013 WSOP One Drop High Roller. They were streaming live via Perkin’s StreamBoat when something incredible happened.

One of their Twitch viewers made a simple, offhand comment:

Imagine Jaime and Matt at the same weight”.

You see, Matt Staples was a mere 134 pounds at the time – all skin and bones, as my grandmother would have said. His ‘big brother’ Jaime, on the other hand, weighed in at 305. That was a rather significant difference of 171lbs.

Jaime read the comment aloud as they continued to stream poker and day-to-day happenings in the tropics. As the elder Staples brother recalled last fall, Perkins responded without hesitation, “I’ll give you 50 to 1!”

Jaime knew in a heartbeat that he had to take the bet, and it didn’t take much convincing to get Matt on board. “Within a minute we had booked the bet,” said Jaime. The picture below, shared on Instagram, shows the two brothers, and their difference in weight, as they spoke with Perkins about the terms of the prop bet that day.

Canada Poker Pros Matt (right) and Jaime Staples (left) talk Prop Bet in March 2017

Prop Bet Rules – 1 Year, Same Weight

According to the quickly negotiated terms of the prop bet, Matt and Jaime had exactly one year to weigh within a pound of each other. There could be no surgery, steroids or other unnatural means of weight loss/gain.

At precisely 5:00pm on March 26, 2018, an official weigh in will take place. They can weigh themselves all they want up until then, but only this particular weighing will count towards the bet.

The Canadian poker pros put up $3,000 between them, $1,500 each. At 50 to 1 odds, they stand to win $150,000 ($75k each) from Perkins.

As Jaime Staples confirmed, it was also decided no further bets could be taken on the challenge. “So we can’t book side action to get up to a million dollars or something; it has to stay at $150K max incentive for us.”

34lbs to Paydirt for Canada Poker Pros

This week, Pocketfives caught up with the Staples brothers in their worldly travels. In a brief interview with the Team PokerStars Online Pro, Jaime revealed that only 34lbs now stand between the brothers and Perkins’ six-figure payout.

“I weighed in about six days ago and I was 212 pounds, and my brother was 178 (Monday) morning,” said Jaime. Although 180 was the original goal, they now believe the best, realistic match in weight is to shoot for 187. That leaves Matt with 9lbs to gain, and Jaime with 25 to lose.

The photos below reveal a drastic difference from the photo taken almost 10 months ago. If it’s a bit harder to recognize them, that’s Matt on the left, Jaime on the right.

Matt Staple 178lbs, Jaime Staples 212lbs, 2 months to go

They’ve both been working diligently with personal trainer Matt Vacanti, who’s been traveling with them as they continue to play poker events both online and on land. Jaime said it hasn’t been easy watching Matt chow down on potatoes, rice, pizza and potato chips every day, whilst he consumes a portion-controlled chicken breast and salad (approx 1300 calories a day). But he’s stuck to it, and has no intention of quitting while the prize looms so close.

The biggest incentive, says Jaime, isn’t the money, but the accomplishment of losing weight and living a healthy lifestyle. In reference to his potential win, Staples admitted the money “doesn’t really cross my mind at all. Because I think the equity of being healthier — extending my life, being able to do more, having higher energy, even just vanity — is worth a lot more than $75,000.”

written by Grameister777 \\ tags: , , , , , ,

Dec 21

ALC can’t compete with offshore online gambling in Atlantic Canada.

Offshore Online Gambling in Atlantic CanadaFor years, the Atlantic Lottery Corporation (ALC) has provided residence of its associative provinces with a limited variety of online gambling services. For most of those years, they’ve implored local governments to allow an expansion of those products. Yet for all those years, they’ve been denied.

Now, with new research emerging and legislative changes brewing to the south, the provinces of Atlantic Canada may be forced to listen, or suffer potentially disastrous consequences. If the latest research report – in particular the industry forecast – is to be believed, these provinces are losing a lot of money, and could lose a lot more in the coming years.

Offshore Online Gambling Offers Better Options

There are a lot of things you can do online in New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island (collectively Atlantic Canada). Residence can purchase lottery draw tickets and instant win tickets online. They can play instant bingo games. They can even participate in Canada’s infamous Pro-Line sports betting.

However, there are many more things that residence aren’t permitted to do – at least, not on the ALC website. Online casino games like slot machines, table games and video poker are off the menu. Online poker is not an option either. It may be the online sports betting limitations that are having the most notable effect on potential players.

Atlantic Canadians Prefer Straight-Up Sports Betting Online

According to the latest review by H2 Gambling Capital, residents of Atlantic Canada spent a staggering $90 million wagering at offshore sportsbooks from January to November 2017. Offshore casinos raked in $28.9 million, and online poker $18.9 million.

That may not seem like much compared to the $60 billion US citizens spent betting online with offshore companies. But it’s still a much larger number than the $10 million Atlantic Canadians spent buying Pro-Lines at ALC.ca.

To make matters worse, H2 Gambling Capital doesn’t think it will get any better any time soon. The research firm predicted that figure – the $90 million spent on offshore sports betting – will increase by 80% by 2022.

US Legal Climate Could Bring Change to AC

The United States has done a much better job of regulating online gambling. In states where it’s authorized, offshore operators tend to keep their distance. With valid threats from the US Department of Justice looming, who can blame them? That’s certainly not the case in Canadian provinces, where offshore online gambling is considered a ‘gray market‘ that the federal government doesn’t have time for.

There’s a big issue brewing in the federal waters below the 49th parallel, though. The US is on the cusp of legalizing sports gambling. If that occurs, the odds are very high that more states will legalize online gambling to get in on that highly lucrative action.

Atlantic Canada is already having a terrible time competing with offshore companies. If our neighbors to the south manage to succeed in ousting international rivals, and delivering a product their ganlbing enthusiasts can appreciate, there’s every chance Canada will follow in step.

It could mean the Atlantic provinces will, 1) open the doors to online casino and poker gambling, and 2) push the federal government for a better, more competitive sports betting market.

Due to federal law, Canadian provinces may only offer Pro-Line sports betting, which means betting “parlay” style. For years, we were forced to select 3+ contests. That number recently recently dropped to 2+. But every pick has to win to collect a prize, resulting in terrible odds.

Offshore online gambling sites, on the other hand, offer much better odds on single-event bets. If Canada doesn’t do something soon, the amount of revenue flowing out to offshore online gambling from Atlantic Canada is only going to grow.

written by Grameister777 \\ tags: , , , , , ,

Nov 27

Mobile sports betting in Ontario could get very interesting, very soon.

Expanding Mobile Sports Betting in OntarioOntario gaming regulators are constantly brainstorming new ways to expand authorized gambling services. The ultimate goal is, of course, to increase revenue generation for the province. But there are certainly benefits involved for those who (responsibly) enjoy gambling.

Let’s take a brief look at how the gambling laws have changed in the last four decades

Gambling in Ontario, Then and Now

First, the province legalized lottery ticket sale in 1975, creating the Ontario Lottery Commission (OLC) to regulate the industry. In 1999, the laws were amended to legalize casino gambling and limited forms of sports betting. To reflect those changes, OLC was reformulated as the Ontario Lottery & Gaming Corp (OLG).

OLG has since launched numerous casinos and slot machine parlours, and regulates an assortment of commercial and charitable gambling activities in the province. Years later, the regulator pushed for online gambling legislation that saw the launch of a provincially-run iGaming website, PlayOLG.ca, in 2015.

The one thing OLG does not offer in an online/mobile capacity is sports betting or PRO•LINE. All forms of sports wagering must be conducted in person at an authorized retailer. But that could change very soon.

Online & Mobile Sports Betting Expansion

On its iGaming website, the OLG hosts a page dedicated to Future Products FAQs. One of the top questions and answers here reads:

Will sports betting or PRO•LINE be available on PlayOLG?

PRO•LINE and sports betting may be offered on PlayOLG in the future. All of our products will be reviewed and refreshed on an ongoing basis, and we will keep you informed of upcoming product launches.

Apparently the time for expansion into online sports betting has arrived. OLG has launched a proposal to expand its services into online and mobile editions of its sports betting products. Not only that, the regulator thinks it’s time to branch out from traditional PRO•LINE and sports wagers.

The proposal includes options to regulate novelty prop bets. These would include wagers on entertainment, media and politics, such as the future winner of the next Canadian Idol, or whether US President Donald J. Trump will be impeached. Even eSports betting could become an authorized activity in Ontario.

OLG Spokesman Advocates Novelty / eSports Betting

Toni Bitonti is the Senior Manager of Media Relations for OLG. He was unable to confirm exactly what the final online sports betting product will look like, if approved. However, he is confident that e-sports and novelty betting have a rightful place in Ontario.

In a statement, Bitonti writes that eSports betting—wagering on the outcome of a PC/console video game tournament—“has surged in popularity” in recent years. “There are hundreds of eSport tournaments [and] events held each year, many in Ontario.”

He describes novelty betting as, “placing a bet on an outcome that’s not part of a sports or athletic event. For example, the winner of an election or the gender of a baby about to be born to royalty.

Bitonti adds that the “OLG sports offering will include new products that will provide more betting options on a wider variety of events, including all major North American sports leagues and major international sports”.

The expansion falls in line with OLG’s current modernization plan. The primary focus of the expansion is online and mobile sports betting, and could even include further steps to regulate live betting during sports events. That is something Ontario doesn’t currently permit, online or on land.

written by Grameister777 \\ tags: , , , , ,

Nov 03

How to Gamble: If you don’t know the rules, don’t play the game

Learn How to Gamble for FreeEvery gambler on the face of the planet was a novice at some point in time. We all had to learn how to play various games, how to place specific wagers, and how to understand payout schedules. It’s not nearly so easy as they make it out to be in the movies or on television.

If there’s anything at all you need to know about gambling before you do it, it’s that you should never, ever, place a real money bet on anything if you don’t fully comprehend the rules. It’s hard enough to win a bet that you do understand.

Learning How To Gamble First

Most of us learn the most basic principles of gambling at a young age. I’m not saying it’s a good idea to teach children to gamble, but how many of us played five card draw around the kitchen table with a relative growing up? In my family, it was a favorite Friday night pastime. We didn’t gamble for money, though. We went down to the local store and grabbed a few dollars worth of penny candy, split it up, and spent quality family time around the table.

Not everyone grows up in this fashion, though. For many of you, the urge to gamble doesn’t arise until you come of age. This is where lack of knowledge can be very dangerous.

Pick a Game to Learn

The first thing you’ll want to do is a pick a type of game or wager that you find interesting. Maybe you’re a sports fan, or want to learn the rules of poker or blackjack. Perhaps you’d like to take a whirl on the slot machines, or visit the track to bet on the ponies.

Whatever it is that piques your interest, take a little time to learn more about it. Some games are fairly simple to learn, while others can take a great deal of study.

Blackjack, for instance, has an easy objective – achieve a higher total than the dealer without going over 21. But even then, there are many decisions to be made, like doubling, splitting, taking insurance, etc. And just knowing how to play doesn’t mean you’ll be good at it. Blackjack is generally a game of great strategy.

Slot machines may seem like the simplest game of all, but again, there are finer points to be learned. Knowing how to read a paytable, and what it takes to trigger a feature or unleash a progressive jackpot, will help you make better decisions on what games to play and how much to bet.

Sports betting and horse race betting are also much more complicated than they appear. Just understanding how to read the odds on a sportsbook can be a trial, not to mention learning all the different types of wagers and prop bets available. As for horse racing, it operates on a pari-mutuel basis. That’s something you’ll want to research in detail before undertaking.

How To Learn to Gamble For Free

One final tip – don’t lose your money learning to gamble. Online casinos provide all of their games for free in practice mode. There are tons of mobile simulator apps for more difficult games, like sports betting and pari-mutuels. Make use of this free knowledge, and you’ll know how to gamble the right way in no time.

written by Grameister777 \\ tags: , , , , ,

Oct 04

More jurisdictions are choosing to regulate gambling on eSports as this popular wagering activity gains momentum both live and online.

Gambling on eSports Regulation worldwideThe eSports industry is young, but it’s budding fast, thanks to its prevalence in both land-based and digital realms. Comparable to traditional sports betting, eSports gambling takes place on non-athletic, electronic events – particularly competitive video gaming tournaments.

In May of this year, key members of the global gaming law community got together for a Roundtable on eSports. The minutes of that discussion were published by earlier this week by Gaming Law Review, shedding a great deal of light on the push for specific eSports betting regulations.

Panelists in the discussion include:

André Wilsenach: Executive director of the University of Nevada, Las Vegas International Center for Gaming Regulation.

Steve Brennan: Chief executive of the Isle of Man Gambling Supervision Commission.

A.G. Burnett: Chairman of the Nevada Gaming Control Board.

Nicholas Khoo: Co‐founder and chairman of the Singapore Cybersports and Online Gaming Association.

Ian Smith: Integrity commissioner of the Esports Integrity Coalition (Bristol, UK).

Status of Current eSports Gambling Regulation

Burnett described Nevada’s stance on eSports regulation as active. Last year, the Gaming Policy Committee reviewed the matter and agreed that betting on eSports falls under the “other events” section of Regulation 22, which regulates race book and sports pool activities.

“In Nevada, what we have done up to this date is allow wagering in a sports betting type of fashion on certain esports events,” said Burnett. Establishments offering such wagers are required to “meet certain criteria that satisfies us as regulators that it is going to be judged appropriately, it will be governed fairly, the results will be adequately determined and made available.”

As moderator, Wilsenach asked Mr. Brennan for the Isle of Man’s position on eSports. He noted that their regulatory make-up is “not too dissimilar” from that of Nevada’s.

Some of their larger online sportsbook operators previously sought permission to provide betting on eSports. After reviewing the topic, the Isle of Man Gaming Commission gave them the heads up.

“Our approach is to ensure an appropriate risk evaluation has been undertaken,” said Brennan. Unlike Nevada, however, the risk falls upon the operator, not the regulatory body. “We put the onus on the license holder to make sure that they have done the risk evaluation of the markets and the tournaments that they are looking to offer wagering on.”

UK to Regulate Gambling on eSports

Mr. Smith was proud to announce that the UK Gambling Commission (UKGC) has agreed to sign off on a memorandum of understanding (MOU) regarding eSports betting. The commission is keen on regulation, but also realizes that some of its offshore iGaming licensees are already providing the service.

Having dealt one-on-one with the UKGC in getting to that point, Smith relayed his discernment of the commission’s stance. In his words, their message to eSports operators is to “sort yourselves out and behave sensibly with regard to betting and the element of chance in what you do or we will come looking more deeply at you.”

Hope for eSports Betting Regulation in Singapore

Mr. Khoo’s role in the meeting was to gather more information on successful forms of regulation. Wagering on eSports is not currently lawful in Singapore, but the goal of his organization is to change that. Working with various stakeholders and government organizations, Khoo explained the role of the Singapore Cybersports and Online Gaming Association (SCOGA).

“We are a nonprofit that looks to lead and develop the esports ecosystem in Singapore,” said Khoo. He describe Singapore as a nation that is still in the “very early days” of eSports development. Existing laws revolving around traditional sports betting are still very limited.

“I think there is a lot of learning, and a lot of studying going on, especially from what other jurisdictions are doing,” he said. Khoo believes it is just as important to “understand the impact of not regulating or not getting involved.”9999

written by Grameister777 \\ tags: , ,

Sep 18

WCLC Sport Select: Sports betting rules in Canada

Sports Betting Rules in CanadaCanada has some rather interesting laws when it comes to betting on sports. The activity is perfectly legal throughout every province and territory. However, the types of bets we’re permitted to place are highly restrictive.

Today, we’ll turn to the Western Canada Lottery Corporation (WCLC) for a close-up look at Canadian sports betting rules. WCLC Sport Select is the lottery organization that supplies all sports wagering services in the provinces of Alberta, Manitoba and Saskatchewan, as well as the Northwest Territories, Nunavut Territories and Yukon Territories of Canada.

Suffice to say, if you’re located in one of these regions and want to place a bet on sports, you’re expected to do so through WCLC Sport Select. The types of wagers presented by WCLC meet the same legal restrictions as those provided by all other Canadian provinces.

Parlay! It’s Not Just for Pirates

Before I continue, I should point out that, of all sports betting rules in Canada, one causes more controversy than any other. It is not legal to place a straight-up bet on any contest in any form.

I could not, for example, place a bet for the BC Lions to beat the Edmonton Eskimos. Nor could I simply bet on the Over/Under or Point Spread in such a game. All sports bets must be placed as a Parlay.

Per Canadian law, parlay betting requires a wager to be placed on no less than 3 contests, and no more than 6. So if I wanted to bet on the BC Lions, I would have to pick at least two other contests as well. And, all of the picks must be correct, otherwise the entire bet is lost.

The prohibition of straight-up betting is the number one complaint among Canada’s sports gambling community. Fortunately, there is an alternative route wherein straight-up bets can be placed, without breaking any laws.

Online sportsbooks operated by offshore companies provide a much more diverse range of sports betting options, including straight-up bets. The key is to only place wagers with a reputable operator, such as Sports Interaction. While local governments frown on us betting through international websites, there’s nothing illegal about it.

Sports Betting Rules in Canada

The following is a complete list of all legal forms of sports betting in Canada. Please refer to the WCLC Training Camp for more in-depth information.

Note: Aside from Pool Betting, all wagers must be placed as Parlays, selecting 3-6 contests. All picks must win or the bet is lost.

Over/Under: This is a wager on the total score at the end of a contest, and whether it will be over or under the established line. The winner of the contest is inconsequential. [Ex: Game ends at Lions 14, Eskimos 10. Total score is 24. O/U Line is 22. If you bet Over, you win, because the total score is over the line.]

Point Spread: A point spread is set as the amount of points the favored team will win by. This is a bet on whether the point spread will be covered (bet on the spread), or not (bet against the spread). [Ex. The Lions are favored to beat the Eskimos by 3. If the Lions win 14 – 10, a bet on the spread wins because they won by 3 or more points.]

Pool Betting: Pools are bets placed among a group of people on a large number of games. Each bettor chooses who will win each contest. The bettor with the most correct picks wins the pool, or in the case of a tie, the pool is split.

Prop Betting: In prop betting, the bettor can choose various in-game results, like the total bases run in a baseball game, number of points scored in a basketball period, or net passing yards by a quarterback.

Pro-Lines: Pro-Line bets are made by choosing whether the home or visiting team will win, or if the game will result in a tie. However, in Pro-Line, some sports have a different definition of a “tie”. In Hockey and Soccer, the same score is a tie. In Baseball, there can be no ties. But in Football, a game decided by 3 points or less is considered a tie. The same goes for Basketball, where 5 points or less is a tie.

Double Play: This is an amalgamation of Pro-Line and Over/Under wagers. Bettors can bet on the Pro-Line and Over/Under for a single contest at the same time. Each Pro-Line and Over/Under wager is counted separately, so a bet on both would be two bets towards the required 3-6 parlay.

Combo Play: Combo plays are often used to hedge bets on multiple contests. They can include Pro-Line, Over/Under and Point Spread betting. Instead of betting one ticket on 4 contests, a bettor could place up to 5 separate bets on one ticket, covering a combination of them all. The ticket might look something like this:

  • Game 1 + Game 2 + Game 3
  • Game 1 + Game 2 + Game 4
  • Game 1 + Game 3 + Game 4
  • Game 2 + Game 3 + Game 4
  • Game 1 + Game 2 + Game 3 + Game 4

The total cost for this ticket would be 5x the selected bet size. [Ex. $2 bet per contest = $10]

written by Grameister777 \\ tags: , , ,