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British Students Gamble Away Their Loans.

Gambling Charity ‘Gamcare’ has identified British students as one of the cohorts most in danger from becoming addicted to gambling. The charity statistics show that over a third of all troubled gamblers they deal with are aged 18-25.

Adrian Scarf from Gamcare says “Young people enjoy the buzz of gambling and over a period of time they might have fun, but the house always wins.”

Mathematics student, William Wrisdale enjoys gambling online and still thinks there is an opportunity to make money from it. “I think there is skill involved and it is pos­sible to win but I would never be reck­less enough to risk large sums of money.  While the stakes are low it remains fun but the enjoy­ment goes if things get out of hand.”

Most mathematics students are far from being at risk as the skills they acquire through their course allow them to understand the risks and judge when to stop, but other students see online gambling a easy way of making money and they begin to play with understanding what is at stake. “They see maths students – who understand the risks – and believe they can do it, too,”- Andy McLellan, the organisation’s chief executive.

Judith Carey, The University of Lincoln says “Stu­dents receive their loans and then play games like poker as they think that it is a game of skill, but can quickly get them­selves into fin­an­cial trouble as gambling can often get out of hand.” She also warns “It is import­ant to remem­ber that, while some people do make money out of gambling, the casi­nos and gambling sites would not exist if the odds weren’t ser­i­ously in their favour,”

The problem occurs when students begin placing bets and gambling on everything available to them online. They see gambling as a quick, skilful way to make money from the comfort of their own rooms, ignoring the fact that in games such as poker there is no skill involved, it is a game of luck and the real skill is knowing when to walk away.

Gambling commison ensures fair play

The gambling commission has recently published the annual report for 2008 to 2009. The aim of the gambling commission is to ensure that gambling remains fair for everybody concerned with the activity, and its activities revolve around the Gambling Act which became law in 2005.

The commission has spent a considerable amount of time developing a working interpretation of this act and expressing it in such a way that it is more transparent to the gambling industry in order to ensure that the industry fully understands the rules and regulations involving gambling licences. The commission has also recognised that the gambling industry is undergoing some difficulties and challenging times as a result of the current recession.

The commission has admitted to having paid nearly three thousand visits to gambling licence holders in the UK. Many of these were of the mystery shopping visit types to both online casinos and betting shops. In addition they have collected huge amounts of other data from their licence holders. All this data has been collated with the objective of providing an overview of how the industry functions in relation to the objectives of the act.

In an additional exercise, the gambling commission participated in a series of meetings with interested parties in order to finally come to some decisions on three areas that have for some time remained unclear to both commission and its licence holders. These are what is known as Primary purpose, which means the gambling activity associated with a particular location and subject to a particular licence is in fact the main type of activity that is carried out there; issues concerning house competitions and finally on deciding whether or not bingo machines are entertainment or gaming machines.

Another very grey area to which the commission paid attention was betting in pubs. In fact this is illegal, and the commission along with the police have almost eradicated it in most regions of the country. However, betting in pubs is so much a part of the culture in some regions that it will never disappear altogether.

Online Casino Player Scoops $2.5 Million Jackpot!

A Dutch player won the biggest jackpot ever on an online casino pegged at $2.5 million. This is certainly a dream come true for the said casino player.

Ren S., is from Netherlands. He won the said prize on a Friday night exactly on February 1, 2008. That time, Ren decided that it was his last play for the night and he could just come back the next day to continue but the surprising thing happened, the mega jackpot hit was announced. At first, he could not believe what he saw flashed on the screen of the computer. He needed to confirm the announcement with his best friend.

Ren loves to play online casino mostly for fun. Deep down though he always wondered how it feels like to win huge prizes. And obviously, he need not wonder anymore. When the online casino site called Ren to confirm his win, that was the only time that the news sank in his head. He said that the idea that he is now a millionaire needs getting used to.

So what does the winner plan to do with his money? Ren told the press that he wanted to first buy a new car and replace his old dilapidated one. Then he needed to renovate his house. After he takes care of those matters, he plan to ‘share his luck with others’.

The money will also go to his favourite hobby of all – painting. He loves to paint and he always wanted to open his own art workshop. If money was an issue before that came between him and his dreams, it certainly is no longer an issue now. He is finally able to fulfil his life-long dream of creating paintings in his art workshop. His win will develop his potentials and creativity even further.

The same online site had produced a millionaire in 2006. One of their gamers a woman named Diane B. won more than $2 million back then. Ren’s prize of $2.5 million is considered the biggest jackpot ever paid by the site and the biggest prize ever paid by any online casino site.

Rank group see a profits rise

UK gambling company Rank Group has announced profits are higher than expected for the previous year.

The group, which operations include Mecca Bingo and BlueSQ sports book, have seen profits rise by as much as 40%. The strong performance is said to be attributed to the success of the companies land based casino chain Grosvenor, in addition to the continued stabilisation of Mecca Bingo.

While the Rank Group can concede that bingo halls throughout the UK will continue to close thanks to the proposed Tax hike, they are staying positive and have seen great results following the opening of a new hall in Beeston.

Plans for other new halls to be set up in a similar manner are now being penned.

Russia shuts down gambling operations

Russia has begun rolling out a blanket ban on all gambling in the country. The move will see thousands of casinos shut down. In total there are thought to be over 60,000 gambling establishments throughout the state.

The ministry of Health in Moscow claims there be over 300,000 people with a gambling addiction.

There has been special zones set up within Russia where gambling will be allowed, but many casino owners do not wish to move into these zones… stating that the areas are simply not ready for them.

“Who wants to go a thousand miles into the wild and start from scratch in a place where there’s no infrastructure… in the middle of a field?” he asked. “I can tell you, this is absolutely useless for business owners.”

In London, the Les Ambassadeurs Club casino has reacted by putting together special packages aimed at Russia’s high rolling casino players. Gamblers will be flown in direct from Russia on a private jet and will be treat to exclusive offers at the casino and the freedom to bet without breaking any laws.

Couple scoop £1 million playing online bingo

Imagine it.

You enter an online bingo site with only the intention of having a good time. Knowing that the odds of winning are slim; the odds of the jackpot are astronomical. You play a few rounds and everything seems normal. Bills and taxes are at the forefront of your mind, the thought of them disappearing are a distant and unrealistic dream.

And then you win a ridiculous amount of money.

Well this is a dream that came true for West Cumbrian couple Barry and Lynsey Mirehouse when they won the Jackpot on an online bingo site and they now can pay off all those bills and taxes that plague our otherwise enjoyable lives.

They said in an interview,

“I don’t know what we are doing to do with the winnings, but we’re trying to keep a low profile. The news is going to travel fast and people will find out about the win but we are trying to keep it to ourselves for now.”

We have all seen the adverts with the bipedal talking fox and Sharon Osbourne playing bingo in the back of limo or doing so and grievously wounding a maid, but we have seldom ever believed that winning big was possible – well we do now.

Roulette Myths 2009

There are numerous myths surrounding most types of casino games.  While these myths are false many people still give them some merit.  The game of roulette holds true to this as there are many myths associated with it.

The one commonly perceived myth is that all roulette wheels are the same.  Of course this belief is not true.  It’s especially surprising that so many people believe in this myth when it is common knowledge that different versions of the roulette wheel are used in various parts of the world.  Also online casinos provide players with the opportunity to play the game of roulette using different wheels.  These wheels are after all selected by the player and when they decide upon which roulette game to join.

Some believe that roulette wheels are fixed and that the results are in fact rigged.

If a player were to have a basic understanding of the construction of the roulette wheel they would realize that this is false.  Reel at wheels to not contain any type of mechanism inside them that would determine the result.  Still others believe that it is possible to fix the wheel so that the ball will land more often on a particular color.  This again is not true.  Any results occurring on a roulette wheel are due to chance which is what this game is all about.

Another myth that some believe is that there is no difference in the odds when playing European roulette vs. American roulette.  A simple understanding of probability would quickly prove this to be untrue.  The American roulette wheel contains one more slot than the European version by adding an extra zero.  When adding this extra zero the odds of the house are increased by 2.63%.  Therefore a player would actually have better odds with the European roulette wheel.

Another commonly held belief that some players have is that when playing roulette is important to use the same bet each round.  This is actually falls because when a player instead chooses to change their bets from time to time it actually provides them with a lowered risk.  So remember when playing roulette that many commonly held belief surrounding the game are often actually myths.

The trend of playing at an online casino

In this day and age, online casinos have become a popular trend amongst many Internet users. More people have taken up this so-called hobby, especially ones who have been gambling outside of the virtual world for quite some time now. The number of members on these web sites have increased dramatically, and do not show any signs of stopping any time soon.

Why are online casinos so popular now? Well, there are actually many reasons why they have become so popular. A few of these reasons include, ease of access, possibly more winnings, and an overall better playing environment. The most important reason definitely has to be the ease of access. With the way inflation is increasing in our economy today, being able to access these casinos online can save a person a good amount of money. If you have a right sense of mind, saving the money you would have to use for gas and putting it toward more play at online casinos could result in more earnings for you.

But which is better, playing at your traditional casinos, or playing online? If you ask most experienced gamblers this question, there are still a number of people who will tell you they like to proceed with their usual methods and go to traditional casinos. A lot of the time, one will choose not to play online because going to a traditional casino may be somewhat of a vacation for them, or they may not be familiar with how to gamble online. When it comes down to it, a specific person will have a specific preference. There will never be an agreement amongst every experienced gambler of whether or not one is better than the other.

How did online gambling even come about? Online casinos have been around longer than people probably assume they have. Back in 1996, the first ever online casino opened. However, it was not like the ones you see everywhere online today. Premium membership games back then were the equivalent to what free membership games are now. Standard Blackjack, Video Poker, Craps, 3-line Slots, and Baccarat were about the only games you could get. Playing was very limited and the technology had not yet surfaced as it has today, making it a less enjoyable experience.

Finally, how will online casinos change the future ways of gambling? Nowadays, the Internet has become a popular place for almost anything. Social networks are popping up everywhere, people are getting online jobs, and also, there are the online gamblers. In the future, possibly the near future, technology will continue to progress and online casinos will continue to expand and upgrade to the next level. By doing this, the Internet population will only continue to grow larger, bringing in more people than ever.

Welcome to 24-7Casino.com

Welcome to 24-7Casino, the site which will help you find the best places to gamble online and make the most from your initial deposit.

There are many advantages and disadvantages to using an online casino. Many people have a stigma in their mind about online casinos. They think that by playing online your odds of winning are not as good and they believe that you will get ripped off by playing online. This is not true and in fact online casino sites have approximately the same odds as a real casino. In a real casino the majority of the slot machines are video slot machines. These machines look like computers and have a computer chip inside them which determines when it will hit. So, what would be the difference if you played in an online casino on your computer or if you actually went to the casino to play a computer game?

Now you are saying, what about card games? Online casinos offer all of the same great card games that are available in a live casino. Some states do not even allow for live card dealers so you have to play computer generated card games in a live casino as well. It would be to your advantage to sit back at home, relax, and enjoy all of your favorite casino games online.