What Is “Offshore Gambling”?

Posted by:  //  Category: Las Vegas Gambling

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Many gamblers have come across the term “Offshore Gambling”, but are not entirely sure what it means. A casino that deals with offshore gambling is one that basically operates outside the jurisdiction of a given country or it can be an online casino that has its servers in a country where online gambling is not prohibited. In short, then, it is a casino that operates outside the country of the player.

This form of gambling provides an easy and fun way to play all the games normally found at a land-based casino, but without the hassle of making the pilgrimage to Las Vegas. Online Vegas casinos are very safe, in that personal details are not required to be sent out and the payouts and odds are just as equal and fair as in a regular Vegas–style casino. Offshore gambling makes it a win-win situation.

Online vegas casinos are regulated by three organizations. These are OSGA (The Offshore Gaming Association), The IGC (Interactive Gaming Council) and the Fidelity Trust Gaming Association (FTGA), which is a smaller IGC in effect, in that it charges lower membership fees.

OSGA and Offshore Gambling
The OSGA is an independent “watchdog” agency that monitors the Off Shore Sports Gaming Industry in an effort to provide the public an avenue to find reputable companies to wager with. It aims to protect the rights of consumers and they charge no membership fees.

The agency is a professional non-biased third party organization that gives objective opinions, based on your feedback, independent research, phone calls, tips and inside news.

For OSGA they resolved to keeping the philosophy that there are safe places for sports gambling. Because of the climate in the industry today people need to have additional information on offshore sportsbooks and online casinos from an outside source.

IGC and Offshore Gambling
The IGC, a not-for-profit organization, was founded in 1996 in the US, relocating to Vancouver, Canada, incorporating there in March 2000. The organization was established to provide a forum for interested parties to address issues and advance common interests in the global interactive gaming industry, to establish fair and responsible trade guidelines and practices that enhance consumer confidence in interactive gaming products and services, and to serve as the industry’s public policy advocate and information clearinghouse. The IGC does what it has set out to do, and more.

IGC membership has increased significantly since being founded, drawing more and more attention from noteworthy industry groups to complement existing leading industry players. We have members from the U.S., the U.K., South Africa, Israel, Canada, the Caribbean, Australia, Denmark and Sweden — to mention a few.The IGC has built a reputation for reliability, integrity and credibility through its high standards, and appeal to legitimate businesses. Affiliation with their association ensures that you have a trusted organization fighting for the promotion and enhancement of our industry, fighting for you when you need it and most importantly – with a collective voice.

Leaving Vegas Happy

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Winning in Vegas isn’t about going home rich; it’s about not going home broke. You’ve probably heard many horror stories about people loosing it all their very first night in Vegas. The sad truth of the matter is that it happens quite often because it is so terribly easy to do. Casinos have many tricks (whether deliberately contrived or accidentally achieved) that help you make poor decisions as a result of slightly impaired judgment. The bells and whistles of casinos are fun for the first few hours, after that they tend to become dull and mind numbing. You’ll even find that those who have been at the casino for a while will show slower and less enthusiastic responses to jackpots after a few hours. This is part of the process. We become numb and mindlessly feed our 1′s, 5′s, 10′s, 20′s, 50′s, and 100′s into the machines and loosing count along the way.

Casinos are also kind enough to allow many people ups and downs along the way. They are quite smart in doing this. Many people find that they can get pretty far ahead early on and then are surprised to suddenly find themselves falling behind at an alarming rate. When they have you is at the moment you put yet another bill into the machine intending to get back the money you lost. Most of us manage to get back our original investment but decide that we want what we had won earlier and end right back at the bottom again starting the entire process over. Don’t do that, I can tell you it hurts the next morning when you’re kicking yourself for being stupid.

This of course brings me to my next point. Ever see a sunrise from the inside of a casino? Me either, but I’ve walked out into the blinding light of day before. It’s very easy to loose track of time in a casino. It’s dark in there and the only lights are quite often from the slot machines and blinking neon signs. There are no indicators for the passage of time and unless you are clock watching, which most of us are not when we’re having fun, it is quite easy to lose many hours of time and find yourself suddenly very tired and making poor decisions and taking risks you’d normally not take rather than cashing out and going back to the room for the night. This is another one that generally hurts when you wake up.

In order to avoid things like this set a vibration alarm on your cell phone and have it buzz you when it’s time to go. Only bring in a certain amount of cash into the casino and when that’s gone it’s gone. Don’t go back to the room and get more money or make costly trips to the ATM. Those trips will suddenly add up and find you with no true idea of how much money you’ve spent or have left in your bank account.

You can quite easily win at the casino game on your trip to Vegas as long as you remember that you are playing at a casino and making a conscious decision not to be played by the casino. Common sense will help out some but avoiding traps is the difference in spending your ‘mad money’ at the casino and going home busted or spending your next few paychecks at the casino long after your vacation is over.

How to Really Break Even in Vegas

Posted by:  //  Category: Las Vegas Gambling

If you’re thinking about a Vegas Vacation you are probably thinking about casinos. Most people who have ever gambled harbor no fantasies of striking it rich when going and playing in casinos. Most of us know the ultimate goal is to go in, play a while, have some fun, get some comps, and go home with about what you walked in with.

Many who gamble on a regular basis know to only bring in a certain amount of money and to not mix gambling money with money that is earmarked for other things. There are a few things that those who are new to the world of gambling can do in order to avoid spending more than you intended. Anyone who has spent much time in a casino will tell you that it is easy to get your money mixed up and end up spending every dime you walked in with thinking you had more money hidden elsewhere.

That being said there is a profound difference in a casual gambler and someone that is willing and expecting to come in and make a hefty investment in the casino. These investments sometimes pay off big time for those who can afford to lose the money. They also can end up costing them big time and taking a while to recover. I recommend starting light.

Hopefully these tips will help you go home with a little money in your pocket;

1) Set a spending limit for each day and night of your stay. This sounds simple enough but you’d be surprised at how difficult this bargain you’ve made with yourself can be to keep

2) Bring only a specified amount of money into the casino with you and bring it in cash

3) Lock all other ATM, Debit, and credit cards in your room safe along with any traveler’s checks and other cash that you have. This prevents the temptation to get one more twenty or fifty until they are all gone. This sounds like a little bit of overkill and people often think they have plenty of self control but there is something about a casino where you lose every bit of common sense you had when you walk in the door. This prevents you from getting in over your head and taking desperate measures

4) Set a time limit for your casino fun and when that time limit is up for the evening/day get up from the table and leave the casino whether you are on the hottest winning streak of your life or not. Winning streak ultimately end at some point. It is better to leave on a high note and have a little extra money to play with the next night(or better yet to take home with you). Leaving at a set time prevents you from getting over tired and making poor decisions based on the altered state of being sleep deprived

5) Win and lose graciously. It will earn you a lot more respect from staff and the other players and you may find them wishing you luck because of your graciousness. In Vegas you can never have too much luck but woe to those whose luck has run out.

Believe it or not, these five tips can save your more money and win you more friends than almost anything, other than a super hot winning streak.