BetOnline Players had Most Profitable Weekend in Company’s History

Posted by admin | Sportsbook Affiliates | Wednesday 30 September 2015 3:17 pm
BetOnline Players had Most Profitable Weekend in Company’s History

Yet another gambler has beaten up on popular online gambling site BetOnline, this time after hitting a massive parlay over the weekend.

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Gambling911.com – Sportsbook News

America’s Number One…in Gambling Losses

Posted by admin | Casino Affiliates | Wednesday 30 September 2015 3:17 pm

In the gambling business, a few demographic stereotypes are generally held up as the Gospel truth.

Specifically, there’s long been a belief that Australians are the biggest gamblers in the world and that at least one Asian-Pacific country, usually China, is in a not-too-distant second place.

As it turns out, those stereotypes aren’t necessarily supported by actual facts. According to a new report from The Economist, the biggest gamblers (at least in terms of losses) are the Americans. Americans rack up around $ 142 billion worth of losses in all forms of gambling every year.

It’s worth noting that the report included all forms of gambling, including state lotteries. Currently, 47 US States have lotteries and some form of gambling is legal in every state but Hawaii and Utah.

So what about the stereotype that Asians like to gamble?

Well, that one seems to at least partially based in fact. China and Japan occupy the number two and three spots on the list with losses pegged at $ 95 billion and $ 30 billion respectively.

The magazine does note that recent corruption crackdowns in Mainland China and Macau have had a huge impact on the gambling industry which, of course, makes its money on gambling losses.

If you were surprised to find Australia ranked number six on the list, you just need to parse out the numbers a little bit. Aussies have the highest losses per person. That means every Australian adult loses about $ 1,130 a year on pokies, sports wagering and other forms of gambling.

The report is a must-read for anyone in the gambling business who is trying to figure out exactly who is supporting the $ 488 billion worldwide industry and where exactly all those losers (on the tables!) live.

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Hackers Focus DDoS Attacks on Online Gambling Sites

Posted by admin | Casino Affiliates | Monday 28 September 2015 3:17 pm

Hackers are increasingly targeting online gambling sites with distributed denial of service (DDoS) attacks that could potentially cost big bucks in lost business.

Even worse, these DDoS attacks are incredibly cheap to mount, making them a problem the industry will be dealing with more and more in the years to come.

Though many (maybe even most) DDoS attacks on online gambling sites go unreported, some data is available and was recently published in infograph form by GoldSecurity.com, an internet security firm.

Gold Security outlines how hackers rent botnets, programs that are used to flood an online gambling site’s servers with phony service requests, for just $ 40 an hour. If executed in the lead up ahead of a major sporting event, like a Premier League or NFL game, the resulting lost business can cost site operators tens of thousands of dollars an hour.

The firm’s report also suggests that these attacks are far more common than you might suspect. By their calculations, a full 90% of gambling industry sites will be hit by DDoS attacks in the next year. About half of those attacks will be launched by industry rivals and almost none of the culprits will be caught.

What makes modern DDoS especially insidious is that they are frequently launched intermittently. That means they hit just long enough to cause a disruption, leaving frustrated site administrators scrambling for answers to a problem that’s suddenly cleared up.

Some hackers attack online gambling sites for fun, while others focus on profit. Golden Security reports on several cases where the hackers asked for relatively small payouts of only a couple thousand dollars…paid out in relatively untraceable Bitcoin. (Though it’s safe to say that plenty more sites have paid off hackers in private.)

In short, DDos attacks on online gambling sites are a potential drag on revenue that almost every operator is going to be dealing with sooner or later.

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Learn How to Make Money as a Bookie – Download Free eBook

Posted by admin | Sportsbook Affiliates | Sunday 27 September 2015 3:19 pm
Learn How to Make Money as a Bookie - Download Free eBook

Online Bookies have taken notice of the latest tactics compiled in this 2015 eBook for increasing revenue in the pay per head business. Download it today and start using these strategies for free.

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Gambling911.com – Sportsbook News

Premier Per Head Unique Prop Bet Offerings

Posted by admin | Sportsbook Affiliates | Saturday 26 September 2015 3:15 pm

One of the keys to running a successful sports bookmaking business is creating as many betting opportunities as you can for your customers.

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Gambling911.com – Sportsbook News

Wynn Pulls Out of New Jersey Online Gambling Market

Posted by admin | Casino Affiliates | Saturday 26 September 2015 3:14 pm

Wynn Interactive is pulling its application for a New Jersey online gambling license, according to multiple published reports.

The influential casino company, and its enigmatic leader Steve Wynn, were fairly quiet about what’s behind the withdrawal. In a letter to New Jersey Division of Gambling Enforcement (DGE) head, David Rebuck, Wynn attorneys said only:

At this time, Wynn does not wish to proceed with its application. Therefore, kindly accept this correspondence as a formal request to withdraw such application.

The DGE responded with a terse, legalistic note of its own saying:

[S]ubject to one condition, Wynn [will] be permitted to withdraw its application for initial licensure as a CSIE [Casino Service Industry Enterprise]; and the Director of the Division having considered his matter; It is ordered that the application of Wynn for initial licensure as a CSIE is withdrawn, subject to the condition that Wynn is financially responsible for the payment of any fees that remain due and owing to the Division.

It’s unlikely that Wynn is going to mind covering those licensing fees at this late juncture. After all, the company has already invested three year’s worth of legal work on the application process already. The bigger question now is, “Why did Wynn pull out?”

Though the company hasn’t made much in the way of official comments, gaming industry pundits are happily speculating on the situation.

One of the most popular, and likely, theories is that Steve Wynn was never really sold on New Jersey; online gambling; and especially wasn’t sold on New Jersey online gambling. The mega-successful casino magnate hasn’t had anything to do with NJ for years and has always been a bit reluctant to dip his toes in the igaming world anyways.

Though Wynn isn’t the largest gaming company in the United States, its departure marks another blow to an already beleaguered New Jersey gaming market.

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New York Times: Daily Fantasy Sports and Hidden Costs of Weird U.S. Gambling Laws

Posted by admin | Sportsbook Affiliates | Friday 25 September 2015 3:21 pm
New York Times: Daily Fantasy and Hidden Costs of Weird U.S. Gambling Laws

The New York Times on Thursday discusses how some odd piece of legislation, the Unlawful Internet Gaming Enforcement Act, has helped to facility today’s boom in Daily Fantasy Sports, the very activity it was likely trying to prevent.

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Gambling911.com – Sportsbook News

Bookies Behaving Badly Part 6: Mark Del Popolo, Attorney at Flaw

Posted by admin | Sportsbook Affiliates | Thursday 24 September 2015 3:18 pm
Bookies Behaving Badly Part 6: Mark Del Popolo, Attorney at Flaw

He was a lawyer who thought he was above the law.  In reality, though, he was an early e-scamster who gave both bookmaking and bunco a bad name.

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Gambling911.com – Sportsbook News

Roger Goodell Explains Why Daily Fantasy Sports Are Not Gambling

Posted by admin | Casino Affiliates | Thursday 24 September 2015 3:18 pm

You don’t need to be on anything to notice the similarities between daily fantasy sports and traditional sports betting. But that’s not the way NFL Commissioner Roger Goodell sees things.

In a recently unsealed 2012 deposition from the state of New Jersey’s bid to legalize sports betting, as reported on by ESPN.com, the Commissioner made clear his stance on daily fantasy sports:

We don’t look at fantasy sports as gambling

In Goodell’s eyes, actual gambling on sports must include prize, chance and consideration. (All three of which one could argue are found in DFS.)

The controversial head of the NFL went on to say that while he worries legalized sports betting would tarnish the image of the game, he doesn’t see DFS through that same lens saying:

Fantasy football’s not based on the outcome of a game it’s based on the performance of individuals that they select.

While Goodell seems to think he won’t have any problems with players shaving yards or missing passes to impact the outcome of a fantasy tournament, he doesn’t seem to be taking any chances either. Current NFL policies prevent players from winning more than $ 250 in a fantasy tournament of any kind. (When pressed during the deposition, Goodell could not explain why the league settled on the $ 250 limit.)

The NFL is hardly the only sports league that’s keeping an eye on how its players handle the booming daily fantasy sports market.

College football’s governing body, the NCAA, has announced it will institute a one-year ban on players found to be gambling, including those who play daily fantasy sports.

As DFS grows, it seems to be stretching the definition of gambling just enough for sports leagues to justify making money off it. It seems safe to say that by this time next year, most DFS sites will operating under more regulation and a lot more scrutiny.

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Premier Per Head Brings You Thousands of Betting Lines Each Week

Posted by admin | Sportsbook Affiliates | Wednesday 23 September 2015 3:17 pm
Premier Per Head Brings You Thousands of Betting Lines Each Week

As an independent sports bookmaking agent, it is vitally important that your betting odds selection covers all the bases including access to the widest selection of prop bet and futures odds in the sports betting industry.

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Gambling911.com – Sportsbook News

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