Slot game enthusiasts have witnessed a lot of advancements, occasioned by the growth in technology and the arrival of the internet. Games can now be played online and huge money won in the process. The amount of entertainment and level of engagement and interaction enjoyed from the online slot games are making it soar in popularity in casino websites and sites like Casimple make finding and comparing online casinos offering the best slots a simple process.
People are offered a very unique entertainment when slot machines flash their lights, deliver the amazing animations, and show video slips. These websites also offer demo or free play versions for players that need them. The free versions of the gaming software are meant to allow players to enjoy games just for fun. They may go ahead to bet money later on or may stick to enjoying the games for fun – after all, that was the original idea of casino games.
Below are the benefits derived from playing online slot games;You Have the Chance to Pick Low Betting Limits
Online slot games come in varying prices. There are many low limit games that you can enjoy, and they reduce your risk of losing money to the barest minimum. With the low limit games, you can easily control what you do and manage your bankroll properly. But in the brick and mortar casinos, you will always see bars that indicate how low you can ever go in betting on games. But it is only in online slot games that you can wager any amount you have, and still have the chance to land huge wins.You Can Access a Huge Number of Games
When you play slot games online, you enjoy the leverage of selecting from an avalanche of games. While the number of games available in online casinos is much more than what you can ever get in the land based casinos, the ones at the online casinos also come in different variants. So, you can have one game with up to four variants to pick from, plus the odds of the games are clearly stated, giving you the freedom to choose games based on the odds. The advantage of this is that you wager on games that you expect to offer higher payouts due to their odds. Most of the games available on the web are not found in the brick and mortar casinos, so you have the chance to enjoy them here.You Enjoy a Lot of Money from Free Bonuses
There are different bonuses in most of the online slots. Most of the online casinos allow players to sign up and enjoy some bonuses without any deposit. This is meant to lure them in because the competition in the industry is fierce. Those who opt in for the bonuses may go ahead to win huge money even when they have not made any deposit.You Can Switch From One Casino to the Other As You Deem Fit
There are numerous online casinos out there. When you are playing slots online, you can decide to switch from one casino to the other without qualms. You only need a click to make multiple wagers on many sites, and this gives you more opportunities to win more. There are different odds from different casinos. So, you are given the freedom to roam about, search, and pick the ones with higher odds that entail higher payouts and play with them.Increased Convenience
When you consider the fact that to place a bet in the and based casinos, you had to drive for miles, wasting your time, energy, and funds, and remember that all you need at the moment is to relax on the sofa in your sitting room, and place bets with your computer set or mobile device, you cannot but give kudos to the level of convenience that online slot gaming provides. Another thing is that there is no opening time or closing time for online slots. You can place bets all the days of the week and round the clock. Playing online slots does not change your schedule again, as you can even wager while on the go.Higher Payouts
It is also true that the percentage of payouts from online casinos is much more than what is obtainable in the land based casinos. For instance, when you play the Book of Dead slot online, you will have access to more profit due to the higher payout percentage, than what you will get when you play it in the land based casinos.
The Grand Victoria Casino is to reopen Wednesday for the first time in more than three months, but it won’t be gaming as normal.
The Elgin casino is one of 10 state casinos being allowed to welcome back customers, but it must comply with a list of state social distancing and safety requirements, including reduced capacity, fewer slot machines, fewer table games players and mandatory face coverings.
Grand Victoria’s reopening will mirror those they’ve already done at other casinos owned by its parent company, Nevada-based Eldorado Resorts, officials said.
“As we reopen, the health and safety of our team members and guests will continue to be our top priority and we have implemented new safety protocols and social distancing measures to keep them safe and comfortable on property,” spokeswoman Marilou Pilman said in an emailed statement.
The Illinois Gaming Board had casino operators submit a pandemic resumption plan in which they outlined how they would operate to ensure visitor and employee safety from the coronavirus. The board also issued a list of restrictions and protocols casinos must follow.
Initially, capacity will be limited to 50% and only every other slot machine will be available for use, per state regulations. Seating will be reduced at gaming tables, following guidelines from Eldorado Resorts.
Six-foot social distancing will be enforced at table games, slot machines, restaurants and other common areas. Under Eldorado’s plan, guests will not be able to gather behind players seated at table games.
All casino employees and visitors must wear some form of face covering and hand-sanitizing stations have beens set up throughout the casino, per state rules.
As is done at other Eldorado casinos, the Grand Victoria will undergo more cleaning and disinfecting, with a particular emphasis on high-touch items, surfaces and public spaces.
Grand Victoria’s buffet, valet parking and poker rooms cannot resume yet under state rules, but its Crave Deli will reopen Wednesday.
Grand Victoria is the second-to-last casino operated by Eldorado Resorts to reopen. Eldorado operates 23 casinos in the United States.
“The health and safety of our team members and guests remains our top priority and we have been working very hard over the last three months to prepare to welcome our guests back,” Anthony Carano, president/COO of Eldorado Resorts, said in a news release.
Several precautions are being put in place at the Grand Victoria Casino in Elgin, including a reduction in slot machines and players at gaming tables, to provide safety for patrons and employees when it reopens for business Wednesday. (Rafael Guerrero / The Courier-News)
Prior to the closure of all Illinois casinos in March, the state’s 10 gaming facilities had generated $203 million in adjusted gross receipts through the end of February, according to Illinois Gaming Board records. Both months’ receipts totals were outpacing January and February of last year.
Records show that state’s casinos had brought in more than 1.6 million visitors in the first two months of the year, an increase from the same period in 2019.
The Grand Victoria Casino reported the third-highest adjusted gross receipt total and attendance among the state’s 10 casinos in 2019 and early 2020, numbers show.
The Denver Broncos are the first NFL team to sell an official sportsbook sponsorship. The Broncos and FanDuel announced Monday that the two had struck a deal that would make FanDuel an official sports betting partner of the team.
Last season, the NFL only allowed teams to sign deals with casinos. And for casinos that had sportsbooks, they were not part of the deal. Then in February, the NFL said that teams could start selling the designation and allowed them to start in May.
In order to welcome bettors in the state, FanDuel is offering new users a bevy of promotions, including Broncos at +30 on the point spread for their season opener against the Tennessee Titans (max bet $50) and the over/under of Denver’s 7.5-win total at +1600 (max bet $10). The book is also offering all users Week 1 odds boosts on the Broncos moneyline (-130 to +120) and on rookie wide receiver Jerry Jeudy to score a touchdown (+250 to +400), with a max bet of $50 on both.
Betting in Colorado launched on May 1 with six mobile sportsbooks beginning operations quickly. A total of $25.5 million was bet in the state in the first month.
Other NFL teams expected to sign deals with sportsbooks include the Raiders, who will play their first season in Las Vegas; the New York Jets and New York Giants, who both play in New Jersey; and the Philadelphia Eagles.
Teams can only do deals if sports gambling is legal in their state, so the Dallas Cowboys have to stick with their casino deal with Winstar World Casino in Thackerville, Oklahoma until Texas has sports betting.
Matchday 30 of the 2019-20 English Premier League season concludes on Monday when Manchester City welcomes Burnley to Ethiad Stadium. Manchester City cruised to an easy 3-0 victory over Arsenal in its first game back from a long layoff caused by the coronavirus pandemic. However, the defending champions will be tested on Monday when they square off against Burnley at 3 p.M. ET. Burnley is unbeaten in its last seven Premier League fixtures, which includes victories over Manchester United and Leicester City.
The English Premier League odds from William Hill list Manchester City as a massive -850 money line favorite (risk $850 to win $100), while Burnley is going off at +2000. The draw is +800 and the over-under for total goals scored is 3.5. Before you lock in any English Premier League picks or predictions for Manchester City vs. Burnley, see what SportsLine’s proprietary soccer model has to say.
Created by two Norwegians — professional poker player and sports bettor Jonas Gjelstad, and economics and engineering expert Marius Norheim — the model analyzes worldwide betting data and exploits market inefficiencies, helping its followers cash in. Over the last three years, the algorithm is up an eye-popping 13,800 percent.
The model also made some huge calls in the English Premier League on Wednesday, correctly predicting the profitable draw between Aston Villa and Sheffield United (+230), as well as Manchester City’s (-320) victory over Arsenal. Anyone who has followed it is way up.
Now, the model has set its sights on Monday’s Premier League fixture and revealed its picks for Manchester City vs. Burnley over at SportsLine.Top English Premier League predictions for Monday
The model is leaning under 3.5 goals in Monday’s matchup between Manchester City and Burnley. Manchester City boasts the English Premier League’s most potent scoring attack, having scored 71 goals in 29 matches. Manchester City’s offensive attack is led by forward Sergio Aguero, who’s recorded 16 goals this season. In addition to a potent scoring attack, Manchester City features a dynamic defense that has recorded a shutout in five of its last seven games across all competitions.
Burnley also features a strong back line, giving up just two goals in its last five fixtures. In their 4-1 defeat against Manchester City earlier this season, Sean Dyche’s side registered two shots on target while maintaining just 24 percent of the possession. In addition, the Clarets have scored just two goals in their last five matches against Manchester City, one of the main reasons the model is leaning towards the under on Monday.How to make English Premier League picks for Monday
The model has also revealed a strong money line pick for Manchester City vs. Burnley. You absolutely need to see it before you lock in your own picks.
So who should you back in the English Premier League on Monday? And where does all the betting value lie? Visit SportsLine now to find out which side of the Manchester City vs. Burnley money line has all the value, all from the proprietary European soccer model that’s up an eye-popping 13,800 percent.
Maria Konnikova is a New York Times bestselling author and contributor to The New Yorker with a doctorate in psychology. She decided to learn how to play poker to better understand the role of luck in our lives, examining the game through the lens of psychology and human behavior. This excerpt is adapted from her new book, “The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win,” which is available June 23.
For many years, my life centered around studying the biases of human decision-making: I was a graduate student in psychology at Columbia, working with that marshmallow-tinted legend, Walter Mischel, to document the foibles of the human mind as people found themselves in situations where risk abounded and uncertainty ran high. Dissertation defended, I thought to myself, that’s that. I’ve got those sorted out. And in the years that followed, I would pride myself on knowing so much about the tools of self-control that would help me distinguish myself from my poor experimental subjects. Placed in a stochastic environment, faced with stress and pressure, I knew how I’d go wrong — and I knew precisely what to do when that happened.
Fast-forward to 2016. I have embarked on my latest book project, which has taken me into foreign territory: the world of No Limit Texas Hold ’em. And here I am, at my first-ever tournament. It’s a charity event. I’ve been practicing for weeks, playing online, running through hands, learning the contours of basic tournament poker strategy.
I get off to a rocky start, almost folding pocket aces, the absolute best hand you can be dealt, because I’m so nervous about messing up and disappointing my coach, Erik Seidel — a feared crusher considered one of the best poker players in the world. He’s the one who finagled this invitation for me in the first place, and I feel certain that I’m going to let him down. But somehow, I’ve managed to survive out of the starting gate, and a few hours in, I’m surprised to find myself starting to experience a new kind of feeling. This isn’t that hard. This is fun. I’m not half-bad.
This moment, this I’m not half-bad making its fleeting way through my brain, is the first time I notice a funny thing start to happen. It’s as if I’ve been cleaved in two. The psychologist part of my brain looks dispassionately on, noting everything the poker part of me is doing wrong. And the poker player doesn’t seem to be able to listen. Here, for instance, the psychologist is screaming a single word: overconfidence. I know that the term “novice” doesn’t even begin to describe me and that my current success is due mostly to luck. But then there’s the other part of me, the part that is most certainly thinking that maybe, just maybe, I have a knack for this. Maybe I’m born to play poker and conquer the world.
The biases I know all about in theory, it turns out, are much tougher to fight in practice. Before, I was working so hard on grasping the fundamentals of basic strategy that I didn’t have the chance to notice. Now that I have some of the more basic concepts down, the shortcomings of my reasoning hit me in the face. After an incredibly lucky straight draw on a hand I had no business playing — the dealer helpfully tells me as much with a “You’ve got to be kidding me” as I turn over my hand and win the pot — I find myself thinking maybe there’s something to the hot hand, the notion that a player is “hot,” or on a roll. Originally, it was taken from professional basketball, from the popular perception that a player with a hot hand, who’d made a few shots, would continue to play better and make more baskets. But does it actually exist — and does believing it exists, even if it doesn’t, somehow make it more real? In basketball, the psychologists Thomas Gilovich, Amos Tversky, and Robert Vallone argued it was a fallacy of reasoning — when they looked at the Boston Celtics and the Philadelphia 76ers, they found no evidence that the hot hand was anything but illusion. But in other contexts, mightn’t it play out differently? I’ve had the conventional thinking drilled into me, yet now I think I’m on a roll. I should bet big. Definitely bet big.
That idea suffers a debilitating blow after a loss with a pair of jacks — a hand that’s actually halfway decent. After a flop that has an ace and a queen on it — both cards that could potentially make any of my multiple opponents a pair higher than mine — I refuse to back down. I’ve had bad cards for the last half an hour. I deserve to win here! I lose over half my chips by refusing to fold — hello, sunk cost fallacy! We’ll be seeing you again, many times. And then, instead of reevaluating, I start to chase the loss: Doesn’t this mean I’m due for a break? I can’t possibly keep losing. It simply isn’t fair. Gambler’s fallacy — the faulty idea that probability has a memory. If you are on a bad streak, you are “due” for a win. And so I continue to bet when I should sit a few hands out.
It’s fascinating how that works, isn’t it? Runs make the human mind uncomfortable. In our heads, probabilities should be normally distributed — that is, play out as described. If a coin is tossed ten times, about five of those should be heads. Of course, that’s not how probability actually works — and even though a hundred heads in a row should rightly make us wonder if we’re playing with a fair coin or stuck in a Stoppardian alternate reality, a run of ten or twenty may well happen. Our discomfort stems from the law of small numbers: We think small samples should mirror large ones, but they don’t, really. The funny thing isn’t our discomfort. That’s understandable. It’s the different flavors that discomfort takes when the runs are in our favor versus not. The hot hand and the gambler’s fallacy are actually opposite sides of the exact same coin: positive recency and negative recency. We overreact to chance events, but the exact nature of the event affects our perception in a way it rightly shouldn’t.
We have a mental image of the silly gamblers who think they’re due to hit the magic score, and it’s comforting to think that won’t be us, that we’ll recognize runs for what they are: statistical probabilities. But when it starts happening in reality, we get a bit jittery. “All these squalls to which we have been subjected are signs the weather will soon improve and things will go well for us,” Don Quixote tells his squire, Sancho Panza, in Miguel de Cervantes’s 1605 novel, “because it is not possible for the bad or the good to endure forever, from which it follows that since the bad has lasted so long a time, the good is close at hand.” We humans have wanted chance to be equitable for quite some time. Indeed, when we play a game in which chance doesn’t look like our intuitive view of it, we balk.
Frank Lantz has spent over twenty years designing games. When we meet at his office at NYU, where he currently runs the Game Center, he lets me in on an idiosyncrasy of game design. “In video games where there are random events — things like dice rolls — they often skew the randomness so that it corresponds more closely to people’s incorrect intuition,” he says. “If you flip heads twice in a row, you’re less likely to flip heads the third time. We know this isn’t actually true, but it feels like it should be true, because we have this weird intuition about large numbers and how randomness works.” The resulting games actually accommodate that wrongness so that people don’t feel like the setup is “rigged” or “unfair.” “So they actually make it so that you’re less likely to flip heads the third time,” he says. “They jigger the probabilities.”
For a long time, Lantz was a serious poker player. And one of the reasons he loves the game is that the probabilities are what they are: they don’t accommodate. Instead, they force you to confront the wrongness of your intuitions if you are to succeed. “Part of what I get out of a game is being confronted with reality in a way that is not accommodating to my incorrect preconceptions,” he says. The best games are the ones that challenge our misperceptions, rather than pandering to them in order to hook players.
Poker pushes you out of your illusions, beyond your incorrect comfort zone — if, that is, you want to win. “Poker wasn’t designed by a game designer in the modern sense,” Lantz points out. “And it’s actually bad game design according to modern-day conceptions of how video games are designed. But I think it’s better game design because it doesn’t pander.” If you want to be a good player, you must acknowledge that you’re not “due” — for good cards, good karma, good health, money, love, or whatever else it is. Probability has amnesia: Each future outcome is completely independent of the past. But we persist in thinking that its memory is not only there but personal to us. We’ll be rewarded, eventually, if we’re only patient. It’s only fair.
But here’s the all-too-human element: We’re just fine with runs when they are in our favor. Hence the hot hand. When we’re winning, we don’t think we’re due for a change in the least. If the run is on our side, we’re thrilled to let it continue indefinitely. We think the bad streaks are overdue to end yesterday, but no one wants the good to end.
Why do smart people persist in these sorts of patterns? As with so many biases, it turns out that there may be a positive element to these illusions — an element that’s closely tied to the very thing I’m most interested in, our conceptions about luck. There’s an idea in psychology, first introduced by Julian Rotter in 1966, called the locus of control. When something happens in the external environment, is it due to our own actions (skill) or some outside factor (chance)? People who have an internal locus of control tend to think that they affect outcomes, often more than they actually do, whereas people who have an external locus of control think that what they do doesn’t matter too much; events will be what they will be. Typically, an internal locus will lead to greater success: People who think they control events are mentally healthier and tend to take more control over their fate, so to speak. Meanwhile, people with an external locus are more prone to depression and, when it comes to work, a more lackadaisical attitude.
Sometimes, though, as in the case of probabilities, an external locus is the correct response: Nothing you do matters to the deck. The cards will fall how they may. But if we’re used to our internal locus, which has served us well to get us to the table to begin with, we may mistakenly think that our actions will influence the outcomes, and that probability does care about us, personally. That we’re due to be in a certain part of the distribution, because our aces have already been cracked twice today. They can’t possibly fall yet again. We’ll forget what historian Edward Gibbon warned about as far back as 1794, that “the laws of probability, so true in general, [are] so fallacious in particular” — a lesson history teaches particularly well. And while probabilities do even out in the long term, in the short term, who the hell knows. Anything is possible. I may even final-table this charity thing.
One thing is for sure: Unless I cure my distaste for bad runs and the sense of exuberance that envelops me during the good ones, I am going to lose a lot of money. And maybe if I lose it for long enough, I’ll eventually stop thinking that the cards owe me anything at all — whether that’s continued success or an end to a streak of bad runouts. Or that’s the hope. Otherwise I’ll be one broke poker player.
What’s next for Penn National Gaming (NASDAQ:PENN) stock? Shares have skyrocketed in recent weeks. With casinos reopening after the novel coronavirus shutdowns, investors are betting on a quick rebound. But, who’s to say we’ll see a V-shaped recovery at the gaming tables?
Casino stocks offer high risk, but high potential returns. Yet, Penn National now trades where it was pre-outbreak. Even as there are reasons why shares aren’t such a solid bet.
Firstly, the company mostly leases the real estate under its casinos. This may have been a smart financial engineering move. But it leaves them fewer liquidity options relative to peers.
Secondly, shares trade at a premium to stronger rivals like Las Vegas Sands (NYSE:LVS) and MGM Resorts (NYSE:MGM). This could make them better plays as casino stocks recover, as might VanEck Vectors Gaming ETF (NASDAQ:BJK), which holds all four names in its 42-stock exchange-traded fund portfolio.
Also, it’s questionable whether casino revenues will bounce back to normal right away. Given the industry’s high fixed costs, even a 20% decline in revenue could mean bad news.
In short, it may be better to skip out on this “too hot to touch” regional casino play. Let’s dive in, and see why PENN stock isn’t your “best bet.”Penn National Post-Pandemic
Can Penn National survive the coronavirus? When the pandemic first hit America, Wall Street’s answer was a resounding “no” as shares fell from above $39 in February to as low as $3.75 in March. Yet, with its casinos reopening, shares have rebounded ten-fold, to prices just above $37.50 per share.
Will shares continue to climb? That’s debatable. On one hand, initial results indicate strong demand. On the other hand, most states are imposing strict social distancing guidelines. This could mean things won’t return to 100% for quite some time.
But, there’s another big risk specific to PENN stock. The company leases, not owns, most of its properties. In fact, the company was a pioneer in the casino REIT (real estate investment trust) trend.
In 2013, the company spun off most of its real estate as the first casino REIT, Gaming and Leisure Properties (NASDAQ:GLPI). This transaction allowed them to realize the underlying value of its property. But while this boosted valuation, it left them exposed to heavy lease liabilities.
As our own Matt McCall wrote back in April, Penn National carries $8.5 billion in lease liabilities on its balance sheet. In 2020 alone, the company must make $900 million in lease payments. This wouldn’t be a problem if their casinos were generating cash flow. But, what happens if casinos fail to see a V-shaped recovery? It’s easy to see how this company could fall short of Wall Street’s sky-high expectations.
Yet, enthusiasm over the company’s moves into sports wagering have sent shares to a highly frothy valuation. With this in mind, things don’t look so hot from a risk/return perspective.Sports Betting Catalyst More Than Priced Into Shares
The recent rally in PENN Stock has made shares richly priced. The company’s enterprise value/EBITDA (EV/EBITDA) ratio now stands at 15.9. That’s a premium to the EBITDA multiples of Las Vegas Sands (12.6) and MGM (14.3).
Why have shares reached such a premium valuation? Chalk it up to the company’s sports betting catalyst. As I wrote May 29, the company’s investment in Barstool Sports could help boost the prospects for their budding sportsbook operations.
By partnering with Barstool, the company can market directly to podcasting network’s sports-obsessed, millennial-aged fan base. In short, a viable means to grab market share from first movers DraftKings (NASDAQ:DKNG) and Fanduel (OTCMKTS:PDYPY).
I agree this makes for a valid bull case for Penn National stock. Yet, this catalyst is more than priced into shares. Despite the pandemic closing its facilities for two months, this casino stock today has just about retraced its 52-week high.
In other words, the easy money’s already been made with PENN stock. Buying today out of pure FOMO may not be the best move. If tangible results in the next quarter or two don’t match up with today’s expectations, shares could fall back to lower levels.PENN Stock Is Not Your ‘Best Bet’
Casino reopenings, along with excitement over the company’s sports betting catalyst, have led investors to bid up this gaming company’s shares as of late. Should you join in, as the stock hits past highs?
Not so fast! PENN stock has more than priced-in its multiple catalysts. If you want to wager on a rebound, consider other casino stocks out there. But skip this one for now.
Thomas Niel, contributor to InvestorPlace, has written single-stock analysis since 2016. As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities.
Maurice “Mac” VerStandig is the managing partner of the VerStandig Law Firm, LLC, and focuses his practice on representing poker players, advantage gamblers, and other industry professionals in all manner of legal situations. He can be reached at 301-444-4600 or [email protected]
Disclaimer: The viewpoints expressed by the author do not necessarily reflect the opinions, viewpoints, and official policies of PokerNews.Com.
There is not, in fact, one weird trick to having the government pay your mortgage; there is no one vegetable all gut doctors recommend be eaten daily; and there is most certainly not some prescient fail-safe stock insight from the lone man who predicted the Great Recession, the collapse of the USSR, and Appalachian State’s upset of Michigan.
Nor, for that matter, is there one weird trick that makes the online poker games raided by the Department of Justice in 2011 magically legal today.
With COVID-19 came the closure of every licensed live poker room in the United States.
Some are now flirting with reopening, and while this is surely not an apt forum for the dispensation of medical advice, such setups strike many as unduly risky, while their shorthanded layouts strike others as strategically unpalatable.
Thus, online poker has experienced a marked and rapid renaissance, with nascent mobile poker apps enjoying surges in traffic, offshore websites becoming predictable topics du jour for Poker Twitter, and even the World Series of Poker – our community’s mainstay summer camp destination forced into sabbatical – upping its online offerings.
Yet few of these options are actually legal, let alone reasonably protected from illicit mischief. And for many, those scarce lawful outposts are beyond the reach of respective state lines.The Clearly Legal Options
Let’s start, though, with safe havens: WSOP.Com, Borgatapoker.Com, and other licensed poker sites in Pennsylvania, Nevada, New Jersey, and Delaware are safe, regulated, secure gaming outlets.
Do we all periodically bemoan their mishaps? Sure. Is the pro-to-rec player ratio often undesirable? Absolutely. But chasing a Circuit ring online is lawful and generally secure.
A few other operators in the United States do tow the legal line.
This column is not an endorsement of any site or group of sites, but suffice it to posit at least one big-name poker operator has a domestic operation riffing off various states’ sweepstakes laws, and if that platform is available in your place of residence, you should be good to go.
It is normally easy to figure out which sites fall into this category – they tend to be the ones accepting credit cards, offering domestic mailing addresses, and inundating users with geofence checks.
Poker lawyer Mac VerStandig playing at the WSOP. The Gray Area
There is another lawful online poker option for some – but not all – American residents: unraked cyber “home” games.
In certain states, playing an unraked poker game for money is kosher. And if both you and your respective adversaries are all positioned in these states, you should be in the clear so long as no one is charging to run the game.
The problem, of course, is 50 states have 50 different laws, and not all are black and white on this point.
If staying on the right side of the law is important to you (and it ought to be), contact a lawyer before assuming the sanctity of your cyber club game. (I’ll skip the shameless self-plug; plenty of attorneys less familiar with gaming laws than myself can give guidance on this point. Just make sure you’re working with an actual attorney and not an out-of-work barista who took a few classes on ancient Greek law while chasing a philosophy degree in college.)The Problem Areas
One of the frustrating urban legends borne of Black Friday is that playing online poker is perfectly legal; it is merely site operators and banks handling monetary transfers that are running afoul of the law. This is, in many cases, completely untrue.
“Every state has its own laws. And they range from obliquely prohibitive to occasionally permissive.”
Yes, the Unlawful Internet Gambling Enforcement Act (here) – the ill-conceived federal statute that beget Black Friday – does limit much of its application to financial intermediaries. But that is not the only gaming-centric law in America by a longshot.
Every state has its own laws. And they range from obliquely prohibitive to occasionally permissive. D
o you live in Virginia? Section 18.2-326 of the state’s code makes it a class 3 misdemeanor to play in a raked poker game. Whether the game is online, in an underground casino, or in your pal’s basement matters not – if there is a rake or an administration fee, and you post a wager while sitting in the Commonwealth, you’re breaking the law.
How about Minnesota? Section 609.755 of the state’s statutory scheme renders it illegal to “make a bet.”
Do you call Utah home? Section 76-10-1102 of the local criminal code makes it a class B misdemeanor to “participate in gambling… including any Internet or online gambling.”
To be sure, these are not the only states that make it illegal to play in an unlicensed card game – plenty of others fall in line. And while some do seem to exempt participants from anti-gaming laws, that does not mean gaming winnings are not subject to forfeiture, your telling a buddy about a game will not give rise to a charge of promoting gambling, or an overzealous prosecutor will not one day theorize that participants are part of a conspiracy to put on an illegal poker game.
Oh, and if you are breaking a state anti-gaming law, you are also in hot water with the feds: Section 1955(d) of Title 18 of the United States Code makes clear that all money used in games illegal under state law can be seized by your cranky Uncle Sam.But it’s a Game of Skill
Poker is a game of skill – no argument here. And, yes, numerous states do have statutory schemes that seem to differentiate games of skill from games of chance and, ergo, place skill-based ventures beyond the reach of some anti-gaming laws.
Oddly enough, this is why it is often OK to wager $3 against a giant teddy bear while a carnival barker insults your spouse’s unibrow. But do not rely on this distinction; it has fallen out of favor with numerous courts in recent years, and too many judges cannot look past the randomness that permits donks to scoop pots when a three-outer comes swimming up the river.
Moreover, some states are express that it matters not if the game is one of skill, chance, or antebellum French literary prowess: if you are staking money, you are violating the law.What’s the Realistic Outcome?
There has not been a notable online poker raid in the United States since Black Friday. Does that mean prosecutors stopped caring? Maybe. Does that mean we’re due? Maybe.
But here’s the thing: you aren’t going to know a bust is coming until it happens – neither the FBI nor its state counterparts tend to post their to-do lists on Facebook.
“Illegal games lack the sort of judicial security upon which we all have grown accustomed to relying.”
If there is a bust, does it seem likely large swaths of players will be serving prison sentences for playing $20 tournaments from their bedrooms? No.
But there is also no guarantee or assurance on this front – prosecutors can be a fickle group, circumstances vary wildly, and if it turns out a few people in that tournament were under surveillance for unrelated criminal conduct, you could end up in a lot hotter of water than you might think simply by virtue of being in the wrong place at the wrong time.
Moreover, illegal games lack the sort of judicial security upon which we all have grown accustomed to relying.
If a legal casino impounds your bankroll, you have legal recourse. If an online operator freezes your account and ghosts your customer service messages, you are largely on your own.
There was a time when poker was generally illegal and justice was meted out with ropes drawn from trees. As a community, we have come a long way from those Wild West days, and candidly, most of us are not nearly cut out to defend our honor in a duel.
The poker players of today tend to be better schooled in the ways of ketosis than marksmanship.
By playing online, you probably are not risking the integrity of your kneecaps. But you also are not being afforded the judicial safeguards that have pulled our community out of days of yore and into the modern era. And that, in many ways, is a bigger gamble than the draws we are all accustomed to chasing.
When the poker game Texas Hold’em was at the height of popularity in the mid-2000’s, tournaments were the driving force. Today, the rising popularity of real money online poker tournaments is what draws players to sites such as Party Poker, Pokerstars, WSOP and Pala Poker.
This guide will help you to figure out which current online poker tournament suits you best.
Best Online Poker Tournaments
Both novice poker players and veterans alike love to test their playing skills in a tournament setting. The best way to do that is online at the best real money poker sites. There are any number of ways to participate in a real money online poker tournament. However, finding the right online poker site is the first step.The state of New Jersey has become the hotbed for playing real money online poker. NJ online casinos is where players will also find the best real money online poker tournaments. A great starting point is the highly popular poker site World Series of Poker.Top 3 Online Poker Tournaments Operator Tournament Current Offer Start Playing WSOP $100K Sunday 100% match up to $1000 & $10 free. Use the promo code “POKERMAX”. Party Poker Mega Tuesday 500 100% match up to $1000 Pala Poker Zero buy ins 100% match up to $500 World Series Of Poker Tournaments
The poker tournament boom started with the World Series of Poker (WSOP) in the early 2000’s. The online site for WSOP is another popular option for real money action. It is connected to Caesars Entertainment as the running host of the annual WSOP Tournament in Las Vegas.
Use the WSOP Promo Code at registration to get a 100% match bonus up to $1000 on your first deposit as well as 2 $5 blast tickets.
The $100K Sunday online poker tournament is the lead event at WSOP. There are $10,000 daily tournament options as well as daily freerolls. This site also offers WSOP satellites to gain free entry into Live WSOP tournaments.Party Poker Tournaments
Affiliated with the Atlantic City casino Borgata, nj.Partypoker.Com offers numerous ways to participate in real money poker tournaments online. One of the site’s most popular promotions is the Mega Tuesday 500. Every Tuesday of the month there is $15,000 guaranteed up for grabs.
Up to $1,000 deposit match bonus!
Up to $1,000 deposit match bonusTerms and conditions apply. See site for details. Only customers 21 and over are permitted to play Party Poker in NJ. Full T&Cs
There is also a running Sit & Go Leaderboard with $2,000 in weekly prizes. This tournament promotion awards valuable points for play in any Six-Max Sit & Go Tournament.Pala Poker Tournaments
Another online real money poker site connected to Borgata Hotel & Casino is Pala Poker. This is the site for players looking for nightly tournament action with guaranteed prize pools. All the action starts at 6 p.M. Another feature is late registration which offers an extra hour window to sign up once tournament play has begun.
$25 Free + 10 Spins & 100% up to $500
Lots of game optionsThe $25 Casino Bonus Dollars consists of $20 Casino Bonus Dollars granted upon successful completion of registration and a minimum of $5 from the first spin on the PalaCasino.Com $1,000,000 Slot Machine. Casino Bonus Dollars and any winnings from Casino Bonus Dollars cannot be cashed out until the 20x play through requirements are met. No Deposit required. The 1st Deposit Bonus is a 100% Match Deposit Bonus up to $500. Minimum deposit is $10. 1st Deposit Bonus play through requirement = 10X play through on both the deposit and the deposit bonus. Full T&Cs
The tournament schedule changes each day with main events at 6 p.M. And 8 p.M. Some events offer zero buy-ins for smaller real money guarantees.Pokerstars Tournaments
Another popular real money online poker tournament site is Pokerstars. The general site has become one of the biggest poker sites in the world. The real money site connected with Resorts in Atlantic City was launched in 2016.Real money tournament play at this site is broken down into three categories:Sunday MajorsDaily TournamentsBounty Builder Series
Sunday is the biggest day of the week with thousands of dollars in guaranteed prize pools. A few of the ways to participate are Sunday Warm-Up, Sunday Special and Sunday High Roller.Daily online poker tournament play offers five different options with buy-ins from $5 to $20. The Bounty Builder Series offers $500,000 guaranteed over 32 Progressive KO events.
Photo on Visual Hunt Best Welcome Offer for Online Poker Tournaments
Currently, the best offer to join an Online Poker Tournament is from World Series Of Poker. The WSOP Promo Code gives NJ Players $10 free in the form of 2 $5 blast tickets, as well as a 100% match up to $1000 on the first deposit. In order to claim the offer, the exclusive promo code must be used at registration.How Do Online Tournaments Work?
The overall variety of real money online poker tournaments runs deep. However, there are some basic rules of play that carry over from one event to the next.
Most online poker tournaments start with a set buy-in (upfront cash) and offer a guaranteed prize pool for the winners.
As opposed to simple online poker cash games, tournament play has increasing blinds on a predetermined schedule. A poker blind refers to an obligatory bet.Another big difference is the variable stack sizes in tournament play. This refers to the total chip value that each player has on the table at any given time.Play in any poker tournament ends in two ways. The first is when a player looses all their chips. The other is when a player wins the bulk of the chips on the table.
This creates three stages of play:Early Tournament PlayMiddle Tournament PlayLate Tournament Play
Early play keeps everyone in the game. The goal is to maintain position with most of the original stake intact. Middle play starts to separate the contenders from the pretenders. This is where poker playing skill can take precedence over the luck of the cards.The late stage of an online poker tournament is when things get interesting.
Some players will have huge stacks of chips. Others will be hanging on by a thread. This is where luck comes back into play.Taking bigger risks with an all-in move to catch the right card is often the difference between losing and winning.What are the Different Types of Online Poker Tournaments?
Texas Hold’em remains the most popular poker game for real money online tournaments. Two other popular online poker variants are Omaha and 7-Card Stud. The first of two basic types of online poker tournaments is a single-table. This is where a set number of players are pitted against one another until someone wins.
Photo credit: Images_of_Money on VisualHunt / CC BY
Multi-table online poker tournaments are highly popular because of low buy-ins and high guaranteed prize pools. Play progresses with individual table winners advancing to the final table.
A Sit & Go Tournament gets underway when all the seats at a table are filled. This is usually capped at nine players. There are Six-Max versions as well.The primary appeal of Sit & Go is poker play on demand as opposed to most online poker tournaments. The pace of play is also faster to shorten the overall time it takes to declare a winner.
A variation is SPINS Sit & Go where the total prize pool is determined by a specific multiplier. This can range from 2x all the way to 240,000x the original buy-in.
One exciting variant of a standard online poker tournament are PKO’s. This stands for progressive knockout tournaments. Players can win added cash prizes for every other player they eliminate from the table.
Individual real money online poker sites will often times tweak the basics to come up with unique types of tournament play. The best source of information is the ‘Tournament’ section of any particular online poker site.How to Choose an Online Poker Tournament
Choosing online poker tournaments should always be geared to a player’s style. The overall variety of options make this rather easy to do.Bankroll
The first consideration is a player’s betting bankroll. If they are looking for daily or weekly action, the total amount of upfront buy-in cash has to meet their budget.Time
Time is another factor. Playing a daily Sit & Go might make more sense than opting into a multi-table event.Own Skill and Experience
Skill level should play a big role in choosing online poker tournaments. A player’s skill and experience should match the other players they will be pitted against.Licensed Poker Sites
One of the biggest factors in choosing an online poker tournament is the poker site itself. Most real money tournaments are limited to the states where this type of online gambling is legal. This includes states such as New Jersey, Nevada, Pennsylvania and Delaware.
A good starting point is a top-rated online poker site operating in legal jurisdictions. These sites offer the biggest variety of real money tournament play to meet every poker player’s needs.
Note to readers: we may earn a commission from the offers and links on this page.
the nation’s leading soccer-specialty retailer, today announced the results of a recent nationwide survey to understand parents’ perceptions of how the Coronavirus (COVID-19) pandemic is impacting youth soccer participation and engagement. The results indicate that the majority of youth players are staying actively engaged in the sport while at home and that most parents expect their kids’ teams and leagues to resume play by August 2020.COVID-19 Impact on Youth Soccer
“As young soccer players and their parents adjust to the reality of necessary restrictions, it’s clear that their commitment to and passion for the sport remains strong. Players are finding ways to train at home and connect with their teams virtually,” said Brian Berklich, Chief Marketing Officer at SOCCER.COM.
81% of youth players are training at home
Though currently unable to play with their teams on the field, youth soccer players are staying active at home. When parents were asked how their kids are staying in the game,81% responded that their kids are training at home63% shared that their kids are connecting with their teammates digitally29% reported that their kids are watching rebroadcasts of classic matches29% stated that their kids are playing soccer video games
Greg Dale, Director of Sports Psychology at Duke University, says that staying connected with teammates is helpful for youth soccer players. “Young players need that connection with each other, and it’s important that they actually see each other virtually and interact,” added Dale, “If you feel a sense of community with others, you’re going to be more motivated.”
80% of parents expect youth soccer to resume by August 2020.
Despite the current uncertainty due to the pandemic, most parents anticipate that play will resume in 2020.61% believe youth soccer will resume in their area by July 202080% believe youth soccer will resume in their area by August 202093% believe youth soccer will resume in their area by September 2020
The outlook for participation once play resumes is positive.
Almost all parents surveyed (94%) expect that it is somewhat to very likely that their children will continue playing soccer once youth soccer organizations and leagues resume play. Only 5% are somewhat to very unlikely to resume.
When play does return, 73% of respondents think it’s somewhat to very important for spectators to follow social distancing on the sidelines. Nearly half (47%) expect spectators to wear masks.
About the poll
The SOCCER.COM survey was conducted via an online questionnaire from April 17 to 22, 2020 with 1,437 U.S. Youth soccer parents who have made a youth soccer purchase at SOCCER.COM.
Founded in 1984, SOCCER.COM (part of Sports Endeavors, Inc.) is a family-owned and operated business based in Hillsborough, NC. After beginning as a high-school class project, today the company is the world’s largest soccer-specialty retailer. The SOCCER.COM team connects fellow players, fans, coaches and parents to the beautiful game by offering the gear, expertise and inspiration they need to play better, cheer louder and, most importantly, have more fun. The company is committed to growing the game at a grassroots level and outfits thousands of youth soccer clubs nationwide.
The Poker Masters is underway on partypoker with five events of a jam-packed 30 event schedule already completed. In total almost $5 million in prize money has been won by some of the biggest names on the High Roller scene, with several players already putting themselves into contention to win the coveted purple jacket and the $50,000 that comes with it.Elias Talvitie Wins Poker Masters Event #1 for $481,250
The first of seven $25,500 buy-in tournaments on the Poker Masters schedule attracted 55 players this past Sunday with several big names in attendance. They included Kahle Burns, Dan Smith, Justin Bonomo, Steve O’Dwyer, Fedor Holz, Laszlo Bujtas and David Peters to name but a few.
Just seven places were paid, with Canada’s Timothy Adams falling just short of the money. In the end it was Finland’s Elias Talvitie who secured victory in the first event of the festival, defeating Sergi Reixach heads-up for $481,250.Final Table Results Place Player Country Payout 1 Elias Talvitie Finland $481,250 2 Sergi Reixach United Kingdom $323,125 3 Ole Schemion Austria $206,250 4 Sam Greenwood Canada $123,750 5 Michael Addamo United Kingdom $96,250 6 Chris Hunichen Costa Rica $79,063 7 Juan Pardo United Kingdom $65,313 Tobias Ziegler Wins Poker Masters Event #02 for $190,249
A total of 55 players entered the second event of the Poker Masters, with Germany’s Tobias Ziegler coming out on top. This is the first pot-limit Omaha tournament of the festival, and Ziegler defeated James Akenhead heads-up to win $190,249. Akenhead would have to settle for $123,750 for his second-place finish.Final Table Results Place Player Country Payout 1 Tobias Ziegler Germany $190,249 2 James Akenhead United Kingdom $123,750 3 Espen Myrmo Norway $66,000 4 Matthew Kirk Bahamas $49,500 5 Ola Amundsgaard Norway $35,750 6 Kai Erik Juhani Lehto Finland $24,750
Follow the Poker Masters on partypokerAlex Foxen Wins Poker Masters Event #03 for $309,678
It wouldn’t be a high roller tournament festival without a big name getting in on the action, and they don’t come much bigger than GPI #1 ranked player Alex Foxen. He took down Event #3 for $309,678, enough to top the overall leaderboard after the first day’s play.
Foxen defeated a tough final table featuring Adrian Mateos, Conor Beresford, Timothy Adams and Ali Imsirovic before defeating Artur Martirosian heads-up to secure victory.Final Table Results 1 Alex Foxen Canada $309,678 2 Artur Martirosian Russia $193,050 3 Adrian Mateos United Kingdom $118,800 4 Conor Beresford United Kingdom $86,625 5 Timothy Adams Canada $61,875 6 Ali Imsirovic Mexico $42,075 Mike Watson Wins Poker Masters Event #04 for $249,900
Mike Watson took down Event #4, securing a Canadian one-two in the process, as Sam Greenwood had to settle for second place. This was Greenwood’s second final table of the festival, after his fourth-place finish in Event #1 and it brings his total earnings for the festival to over $300,000.Final Table Results Place Player Country Payout 1 Mike Watson Canada $249,900 2 Sam Greenwood Canada $178,500 3 Jorryt van Hoof United Kingdom $127,500 4 Orpen Kisacikoglu United Kingdom $89,250 5 Wiktor Malinowski Germany $66,300 6 Karim Khayat Lebanon $51,000 7 Patrick Leonard United Kingdom $40,800 8 Pauli Ayras Finland $33,150 Andras Nemeth Wins Poker Masters Event #05 for $259,629
The fifth event of the series was another $10,300, with big names Fedor Holz and Dan Shak both making it to the final table.
Orpen Kisacikoglu notched up his second final table of the festival so far, joining Sam Greenwood as the only player to final table two tournaments this Poker Masters, but Kisacikoglu just missed out on the title as Andras Nemeth secured victory.
The Hungarian adds $259,629 to the €325,423 he earned after his runner-up finish in the Irish Open Online Main Event just one day earlier.Final Table Results Place Player Country Payout 1 Andras Nemeth Hungary $259,629 2 Orpen Kisacikoglu United Kingdom $161,850 3 Eelis Parssinen Finland $99,600 4 Fedor Holz Germany $72,625 5 Dan Shak Poland $51,875 6 Sami Kelopuro Finland $35,275 Big Winners So Far
Alex Foxen leads the way in the points standings after the first five events of the Poker Masters. Talvitie’s win has him ranked second, with Nemeth right behind him in third before a bit of a gap to Greenwood in fourth.