How To Start Your Own Online Casino and Poker Gaming Business

Did you know that online gambling business is currently one of the fastest growing business categories in the world? The popularity of online gaming is increasing rapidly and this year has seen significant growth in Europe and Asia. In China and Malaysia, there are twice as many online gamers as there are Internet shoppers. Around 43% of Chinese Internet users play games online, while just 16% report that they shop online.

Revenues in online gaming business rose from only $800 million to over $2 billion in 1999! By year 2010, it is estimated that online gambling industry will top over $16 billion in revenues! London-based Merrill Lynch analyst Andrew Burnett says online gambling could generate more than $150 billion in revenues by 2015.

Until recently small entrepreneurs had no chance of getting into the gambling industry, because of huge capital investments, gaming license acquisitions and legal red tape. The internet eliminated all the obstacles. You can now own and promote your own online casino, sportsbook and multiplayer poker room gaming business and generate revenues you’ve only dreamt about.

There are 3 ways to start an online gaming business:

1) Most Expensive – Design and implement all gambling software for an online casino, sportsbook and multiplayer poker room which could cost you millions of US Dollars. You will also need to obtain a gaming license to run your online gaming business, which requires approval from most governments. However, you will have full control of your gambling site, and full knowledge of the source code of your gambling software. In addition, no royalties are paid out to a gambling software development company.

2) Average – Become a Licensee of an Online Gambling Software Provider. This is a far less expensive option to start an online gambling business and you will receive all the gambling software and sometimes even the equipment necessary. It is also the most popular option for both licensed land-based establishments as well as entrepreneurs. Costs range from $30,000 to $350,000. The average licensing fees are around $150,000 (this usually includes marketing costs). In most cases a royalty is paid to the gambling software provider as a percentage of the monthly “take” or “drop” (gross profit). Usually the gambling software provider has payment processing (merchant account providers) already set up for a fully turnkey operation.

3) Most Affordable – Become a Sublicensee of an existing Licensee. This is the least expensive option to start an online gambling business. Costs range from $5,000 to $60,000. The sublicensee is responsible for all the marketing and receives a smaller percentage than a full licensee (2), because royalties paid to the licensee are much higher.

To legally operate online gambling businesses, online casino and poker room owners turn to sovereign governments in countries that permit online gambling and duly issue licenses for gambling operations. The casinos and poker rooms are registered as offshore gambling operations and in turn, the respective countries gain significant licensing fees and tax-generated revenues.

As Internet use spreads across the globe, online gambling business will continue to be one of most profitable online business opportunities of the 21st century.

Online Casino Games – How I Know They Are Fair

Fair online casinos exist and of course they have counterparts which are cheats. Surprisingly both the mentioned versions can be offering the very same casino games which are provided by the very same parent software company because the places which provide the games sell a yearly license to more than just the one casino and as such stand to lose a lot of money if the games were ever proven to be anything but completely fair. In fact the rumor or gossip of the games not being fair could in some cases be enough to see that software company disappear never to be seen again.The integrity of online casino games will always have a shadow of doubt hanging over them the same as the video poker machines in the casinos in Las Vegas or Atlantic City still have their share of doubters as to whether the games are as fair as if you had been playing a regular deck of cards with a real dealer but for the majority of us it is an accepted given that the poker machines are giving us a fair-odds chance of winning.This writer believes that if you are willing to trust the video poker machines at your local favorite gambling establishment whether that is a riverboat or Las Vegas, that you should have no problem trusting the online games at least until such time as they give you a reason to not trust them. I believe they will make believers out of most people those excepted being of exceptional bad luck because if you try the online casinos a few times they are going to prove that you do get a turn in the winners seat.There is the fact that the games are using random number generator programs to provide game results, the gold standard in the industry for providing fair-odds games served in a completely and absolutely random manner. The way a RNG works is it has a list of all the possible outcomes for that particular game which it scrolls through at thousands of times per second and the instant the player presses the spin button, or deal or roll the dice button, that RNG stops scrolling through that list of possible outcomes and whichever one it lands on is what is returned to the player for a game result.All the above said, I offer a personal experience as the reason I know the games are fair. I was playing video poker and increasing my credit values as I went along catching more wins and I had just increased the credit values from one dollar to the maximum this casino allowed which was five dollars per credit value. Incredibly the game dealt me a king high straight flush. The payout on it would match the payout on a royal flush at the credit level I started out wagering. The story gets much better than that however.As a gambling guide I know that the experts all advise if you are in the above situation that you should go for the royal flush, forsaking the sure thing because the reward is so much greater but this was a lot of money to me. I felt obliged to go for it because if I didn’t what kind of guide would I be? Someone who doesn’t follow the advice given to his readers.I have always tried to do right by those who are patrons and as such I felt confident that I was making the right decision according to the experts but of course I also felt like I was throwing away a thousand dollars because I am one of those people who gets lucky but never that lucky. I mean look at all the components that had to happen to put me in a position to win that straight flush. I felt like I had used up all my luck and like many times in the past, was not going to quit until I had made one bet too many.So I traded in the nine anyhow, watching my thousand dollars go with it. The card which I got in return was a gambler’s highest hopes achieved, as the Ace appeared giving me the royal flush I had sought and after some considerable celebration it dawned on me that if I ever had any doubt as to whether online games are fair, that I need not look any further than this experience to know my answer.

How to Play Card Games

Card games can be played by one player, two players, multiplayer and online. Different kinds of card games include trick taking games, casino or gambling games, solitaire games, shedding games, rummy style games, collectible card games and multi-genre games. The players in a card game usually arrange themselves in a circle around a horizontal surface. The cards in a pack are identical in size and shape. Each card has a face and a back side. The dealing in a card game is either clockwise or anticlockwise.Solitaire is a single player card game. The well known form of solitaire game is called Klondike. The player arranges cards from a shuffled deck. Then he attempts to reorder the deck by suit and rank. The solitaire can be played with one or more deck of cards. Use of more deck of cards increases the rules and skill levels. Different types of solitaire games are converted into electronic forms and available as computer games.Spade is a popular multiplayer card game. It is often played as a partnership game by four players. It is played with a pack of 52 cards and each player receives 13 cards. The first dealer is chosen at random. Each partnership must make a bid. The bids of a spade card game are nil and blend nil. The player who wins the trick leads to the next game. Poker is a popular casino card game. It is played with a pack of 52 cards. The cards are ranked from high to low. They are straight flush, five of a kind, four of a kind, full house, flush, straight, two pair and high card. All poker hands contain five and the highest hand wins. Online poker is gaining in popularity these days, as well.Chase the ace or cuckoo is a shedding card game. This game can be played by two or more players. The object of the game is to dispose of all cards without picking up an ace. The last card left at the end will always be an ace. The player who holds the ace card will be the loser. Poke is a multi genre came. A hand of poke consists of two phases. In the first phase, players draw cards to poker hand. In the second phase, players proceed to take tricks. Collectible card games are played with specially designed sets of cards. Each card has additional text explaining the effect of the particular card. Players select cards from the available group of cards.

Learn to Play Casino Craps – Flat Bets and Pass Line Bet

Be smart, play smart, learn how to play casino craps the right way!The most basic craps bets are the Pass Line and Don’t Pass. These bets are common in that each is a “Flat” bet, which means the bet is typically made before a new game starts and before a point is established. Also, these bets can have an Odds bet, which is an additional bet on or against the point number after the point is established. Other Flat bets are the Come and Don’t Come, which are made after a point is established. All these bets are defined later, but the point here is simply to define “Flat” bet so you’ll know the term when you hear it.The Pass Line bet is a Flat bet typically made prior to a come-out roll. If you walk up to the table and see an OFF puck, you know a new game is about to start and you can get in on the action by making this bet. The Pass Line is the long, curved section along the edge of the layout closest to where the players stand. It’s clearly labeled as, “PASS LINE,” typically in white letters. The Pass Line is sometimes called the “front line.” (You’ll occasionally hear the stickman’s banter, “Winner, winner, front line winner.”) On the layout, it goes around the entire edge of the table where the players stand so any player in any position can easily reach it.The table minimum and maximum bets are defined by the placards on the inside of the table next to each dealer. For example, if you see a red placard defining a $5 minimum and a $2,000 maximum, that means your Pass Line bet must be at least $5, but can’t be more than $2,000. The Flat Pass Line bet is a self-service bet, which means you make this bet yourself by physically placing your chip(s) on the Pass Line. Generally, the only time the dealer makes this bet for you (i.e., physically puts the chip(s) on the Pass Line) is when you ask for change and tell the dealer to put some of it on the Pass Line. For example, suppose you want to make a $5 Pass Line bet but all you have are green $25 chips. After you have the dealer’s attention, drop a green chip in the Come area and say, “Five on the line, please.” The dealer knows exactly what you want. He changes the $25 chip for five $5 chips and makes the Pass Line bet for you by putting a $5 chip on the Pass Line directly in front of you. Then, he puts the four remaining $5 chips in the apron in front of you. Make sure you pick up the four remaining chips from the apron and place them in your chip stack so the dealer doesn’t think you’re making a $25 Pass Line bet instead of only a $5 bet.Now you know! Remember, learn how to play casino craps the right way.