UIGEA Implementation and the Effects to Gamblers in the USA

Upon the passing of the Unlawful Internet Gambling Enforcement Act, the use of online gambling was first prohibited in the true sense. The number of online gamblers on the internet was reduced radically ever since its enforcement in 2007. This maybe because online gamblers feared that they also might get arrested or their favorite gambling site will get shut down.

Repeated efforts to put these fears to rest have been quite useless. Because most folks aren’t aware about the provisions of the UIGEA, their fears more often do not have basis. More information about the UIGEA is really needed.

How It Is Enforced

To put it simply, the UIGEA gives online gambling sites and players a hard time in going about their business. Looking at it through two measures can give a clearer image. One, the necessitation of gambling licenses under the Financial Crimes Enforcement Network, which will thoroughly assess the qualification of a gambling site to operate under legal measures; and second, the reclassification of certain games – poker, chess, and others – so that they will not be under the scope of the UIGEA.

US players can enjoy more security because of the UIGEA. In the end, the online gambling sites will be easier to track down, and so, running away from customers will be harder for the gambling sites to do. Problem is, the UIGEA has affected things adversely. Actually, it hasn’t been enforced properly The enforcement problems of the UIGEA has been the reason for the myriad of failures in internet gambling.

How Things Are Now

Even more problems have sprung from the lackadaisical enforcement of the UIGEA. This has much to do with the shareholders of gambling sites. For US-based shareholders and investors, it has been more favorable to pull out of online gambling because of the problems and issues with the legalities. This, in turn, has caused many online gambling sites to shut down. The shutting down of online gambling sites has only led people to believe that UIGEA is actually valid. In reality, the online gambling sites would still be operational if this Act did not exist. Instead of safeguarding the gambling world in general, it has only caused it a severance of a lot of ties.

However, this is not the only worse effect of the issues with the inefficient enforcement of the UIGEA. Now, there is a lot of confusion involving a lot of states in allowing online gambling to be accessible to their citizens. If you look at it closely, the UIGEA does not actually keep players in the US from gambling online. Some states however understood it differently. These states are currently prohibiting US players from enjoying online gambling. On that note, other states still let their citizens enjoy the world of online gambling. It is quite clear that these states’ understanding of the UIGEA differ. Unless the UIGEA is enforced in the proper way, this dispute in the legalities will exist.

The Making of a Compulsive Gambler

Compulsive gamblers have one thing in common, the ability to keep coming back day in and day out trying to recover the losses from their past visits. It’s like an obsession for them to win it all back. As if one day the jackpot miracle will happen for them and they will become instant millionaires and live happily ever after. What a fairy tale that is.

Gambling should be a rare experience shared with friends on special occasions that are willing to lose a couple of hundred dollars. Instead a compulsive gambler will stake a couple of thousand dollars almost every day until ultimately the visits are reduced to a few hundred dollars until the harsh reality settles in when there’s no money left for them to gamble away. In fact most gamblers lose their families and there friends because they start borrowing and getting themselves in financial problems with credit card companies, lenders and banks. The worst type gamblers that start borrowing from high risk lenders eventually find themselves in an inescapable situation endangering not only themselves but also those of their close family members.

I’ve seen compulsive gamblers that can sustain tremendous losses day in and day out but this makes up only a very small percentage of players. They consist of very successful business people, wealthy professionals and underground black market money earners that use a casino to enjoy gambling their earnings for sheer pleasure or in some case launder their money. This convenient technique called laundering enables an individual to clean their dirty money by playing for a short period of time and receive a personalised check from the casino when they cash out their casino chips. This personalised check issued by the casino can then be deposited legally under the pretext that the money came through casino winnings. Casinos also comp their valued customers with gifts, food, travel and accommodations. If you’re not a millionaire the casino will make you feel like one. Just as long as you keep bringing your hard earned cash to them they’ll make your visit worthwhile.

Most gamblers consist of restaurant, bar and convenient store owners that entertain themselves in the late hours with their hard earned cash hoping to go home with more than they came with. In most cases they lose their money and come back the next day only to repeat their unhappy experience. What motivates these types of gamblers to come back every day really baffles me. Could it be a lack of leisure time in their lives or are they really hoping to make extra cash or just simply hoping to regain all their losses miraculously. I can’t figure it out. One thing we all know is the amount of money the casino makes. Maybe the only way to eradicate compulsive gambling is for our governments to eradicate gambling in our society all together instead of encouraging it.

A healthy society encourages a healthy economy and strengthens honest business values in our society. There will always be the lure of gambling in far off areas but at least they won’t be in our own backyards. There’s nothing wrong with spending a weekend in Las Vegas or Atlantic City once in a while and trying your luck with a couple of hundred dollars.

Gambling should be for amusement only and not take over the lives of honest hard working people and disrupt our societies. I hope enough people read this article so they can try to stop local gambling in their areas and try to encourage government officials to stop the proliferation of gambling in our society.

Check Out How Pro Sports Gamblers Make Money!

People around the world these days are able to place sports bets over the internet, as a result of online gambling growing in popularity. Using the web to make sports wagers is a simple and easy thing to do. Continue reading to uncover the ways the pros maximize their profits by means of online betting.

Betting fanatics would once have to work with “bookies” to make bets for them. Obviously, bookies weren’t constantly there to answer the telephone and the betting options were minimal. The ease of accessibility and availability of the web has now revolutionized sports gambling.

Gamblers nowadays have a big selection of betting possibilities. Better yet, online gambling offers a lot better odds. There are a number of reasons to wager online. Far better odds, safety, and customer care are just some of them.

So, now the main issue in everyone’s thoughts… How do the experts make their funds online?

For most experts, they approach it the same way that a professional trader would approach investing in stocks and options – they hunt for value for money. Their technique is to find betting odds that are “off” slightly, from which they could make profit long-term.

They realize that not every last wager will help make them profits, but if they think that a wager presents true worth, they will jump on it. The professionals have a tendency to focus on whether the exact same wager, if made 1000 times, would earn them a profit

They know that luck will play a consideration and they will lose wagers, but they want bets that give them a longterm mathematical edge.

Your likelihood of discovering odds like that is in your favor since there are simply countless bets to be generated on the internet. Betting on the net gives you the choice to wager on unique betting possibilities. Prop bets allow you an option to wager on distinct areas of the game instead of merely who wins or loses.

Thanks to the huge amounts of these bets, you can often get odds that are a little “off” – in your favor. When they find bets like that, the experts would gather them up.

Prosperous sports gamblers will moreover take full advantage of the additional bonuses that the web-based sportsbooks provide. Bonuses are typically provided by sportsbooks as one way for them to bring in new users – and that bonus results in extra money. They can actually total up to thousands in profits.

Online sports betting will advance into the future as competition heightens and the bets become far more plentiful. That’s a terrific thing, mainly because if you know what you’re doing, you will have the ability to make lots more money.

Make Money Betting on Dogs by Not Being a Gambler

Most of the people who go to the dog track are gamblers. They don’t have a clue, when they go in, whether they’ll walk out with more or less money than they walked in with. They don’t spend a lot of time looking at the program, but they DO spend a lot of time praying, hoping and wishing that their dogs come in. This is no way to make money at the dog track.

I’m not a gambler. Gamblers rely on luck to win. I’m a handicapper. Like someone who plays the stock market, I know before I go in to the track that I have a better than average chance of hitting more winners than losers. I’ve done my research. I’ve worked at getting better at what I do, which is handicapping greyhounds.

I don’t rely on lucky numbers, sitting in a lucky spot, playing my kids’ birthdays or praying to St. Bernadino, the patron saint of gamblers. I do rely on my skill at picking winners that other people don’t know how – or won’t learn how – to spot.

I’ve spent a lot of time learning my craft. However, it’s nothing that almost anyone can’t learn if they put enough time and effort into it. Like a lot of people who have gotten good at something, I’m even willing to share what I know. So, why is it that so few track-goers spend more than the minimum time on getting better at handicapping?

I think most of them really believe that dog races are impossible to handicap with logic and practice. Most of the crowd is still convinced that it’s all luck, and luck isn’t something you can learn to get better at. Well, they’re entitled to their opinions, but I think they’re wrong.

I think that’s why so few people at the track are successful. They’re gambling, while people like us are handicapping, studying and learning, and getting better all the time at picking winners. So, are you a gambler or a handicapper?