CategoryBet gambling

Bet gambling

A Beginners Guide To Betting On Greyhound Racing

It is important to realize that the odds given for the race are accurate and the odds makers have years of experience in determining the results of the race and therefore the odds should be considered accordingly.

How can you determine what the prize will be once the bet has been made? The prize that will be given to the successful bettor depends on two factors; the amount that has been bet and the odds that are placed on the bet that has been made.

Many online racebooks allow the bettor to take part in betting practices without actually being in the local area, as they can showcase the matches online with the use of the streaming video that can be presented to clients, allowing the clients to watch the races that are being bet on, with ease.

Using these two factors, greyhound racing betting sites will determine the prize that is going to be awarded. There are often multiple dogs that are involved in the race and the bets are made on the position that the dogs are going to arrive over the finish line. These odds are going to determine the likelihood of a certain dog coming in a certain place through the race.

The important odds to consider are the first, second and third for most bets that are being made. Online betting sites with “racebooks” set the greyhound racing betting odds.

The odds are available through the race and are created by the sports books. Many times, these prizes are outlined with the bet that is being made, allowing even beginners to determine the potential prize that is available with the bet that has been made.. Using the odds and learning about the dogs and the specifics of the sport can be a great way to get into greyhound racing betting online.

Choosing between the many greyhound racing websites that are available is simple, when the reputation of the website is compared with the races and the bets that can be made.

As one of the most popular types of animal racing in the world, greyhound racing betting has many different types of bets that can be made with many different types of outcomes

Online Gambling: A Growing Addiction

The sharing of experiences with friends, family, like I’ve never seen before. I got to get myself out of it.. He considered going to Mexico and if he couldn’t kill himself there, he’d pay someone else to do it, he said.

Three and a half years ago, Erickson accrued $400,000 in gambling debts. Desperate, he began stealing from his clients. He served a year in prison and now works for a compulsive gambling helpline. “It’s American, like apple pie. Win or lose, it didn’t matter to me, it just set me up to bet again.”

Mark Erickson always craved a piece of the action — so the accountant from Phoenix started betting on sports over the Internet.

‘A Devastating Illness’

Erickson is a compulsive gambler, a condition just as dangerous and debilitating as drug or alcohol addiction. “The miracles I’ve experienced. I got myself into this.

After 23 days on the run, Erickson turned himself in. He credits a 12-step program to helping him overcome his problem, and he has not gambled in almost four years.

It is now high season for sports betting. There are an estimated 6 million people who deal with the problem in the United States. The college bowl games this weekend lead to the NFL playoffs and the Super Bowl. The lining up the money, the handicapping of the game, the betting of the game, the watching of the game. People love to bet on their football games.”

“I became this person I didn’t know,” he said. “It becomes an all-consuming activity. As gambling on the Internet becomes more popular and more sites crop up, those numbers are expected to increase.

“I think it’s a devastating illness, it’s an illness that if it’s not treated, it will end up that the person’s whole lifestyle will be affected,” said Ed Looney, executive director of Council on Compulsive Gambling of New Jersey.

The situation became so dire, that Erickson contemplated killing himself. except Nevada.

“I’ve heard other people compare it to a cocaine addiction, the high you get from that, and that’s the euphoria I felt,” he said. Then, it’s March Madness, where many participate in an office betting pool.

But soon, it spiraled out of control.

If you or your loved ones has a gambling problem, help can be found at the National Council on Problem Gambling.

“Life is great,” Erickson said. People love to bet on it. These are things that I avoided my whole life, not choosing to be a part of, but today I cherish them.”

Nevertheless, the industry rakes in mind-boggling amounts of cash. And when they caught on, he left his family and fled.

“Sports betting is the rock of Gibraltar,” Looney said. By some estimates, $7 billion is wagered on the Super Bowl alone in casinos, online and with bookies.

The problem is affecting younger people as well. “But I thought this must be what I have to do. Drawn in by the popularity of poker, half of all men in college are gambling on an monthly basis — even though betting on sports is illegal everywhere in the U.S. That will always be there

Lawmakers Bet on Internet Gambling Legislation

It’s clearly the case that gambling is an activity that can be done offline but not online.”

“Banning Internet gambling has the same effect as the ban on alcohol had during Prohibition,” Brodsky said. “This is, I believe, the single biggest example of an intrusion into the principle that people should be free to do things on the Internet. “In fact, studies have shown that the earlier one begins gambling, the more likely it is he or she will become a compulsive problem gambler.”

The bill would also allow the Treasury secretary to “assess” license holders for the costs of background checks and investigations of Web sites applying for the license.

Michael Brodsky, head of Youbet.com, an online gambling Web site, praised Frank’s bill.

But Frank said his bill will include safeguards to prevent underage or compulsive gambling and other illegal activity.

The Poker Players Alliance, chaired by former New York Sen. “It merely drives the activity underground, forgoes massive tax revenues and makes criminals out of otherwise law-abiding citizens.

Frank added that he feels this will lift the burden off banks, which are compelled under the current legislation to regulate gambling activity.

“If you put a computer in a teenager’s bedroom, or in a student’s dorm room at college, it’s a temptation that many fall prey to,” Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, and Peter King, R-N.Y., unveiled legislation Wednesday that would enable Americans to legally gamble online.

But the legislation grants the Treasury Department far-reaching power over online gambling.

If running major financial institutions and the auto industry isn’t enough for the Obama administration, a new House bill would put the Treasury Department in charge of Internet gambling.

Opponents argue that this will serve as a “clear danger to our youth” and encourage gambling addiction at a young age.

The bill would allow the Treasury secretary to license and revoke licenses of Internet gambling Web sites under the guise of protection Americans’ personal freedoms to gamble and consumer protection concerns.

And the bill provides for mechanisms for state and local taxes to be collected and re-distributed.

“Chairman Frank’s bill realities and would bring this underground activity into the light,” he added.

Among the safeguards in the bill is that any Internet gambling operator would be required to: ensure an individual placing a bet is of legal age (as defined by the law in the state or tribal area) and physically located in that jurisdiction, combats compulsive Internet gambling and money laundering, and protects privacy.

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The legislation will repeal language passed in 2006 and signed into law by President Bush that made it illegal for banks and credit card companies to process bets made on the Internet.

“The notion that a society should prohibit something entirely because of the possibility that children will abuse it is a terrible blow to liberty,” Frank said.

The law currently prohibits credit card companies and banks from processing bets placed on online gambling Web sites.

“The government should not interfere with people’s liberty unless there is a good reason,” Frank said. D’Amato said Wednesday in a press release that he is “grateful for Chairman Frank’s leadership and will be activating our grassroots army made up of over one million members to help him drive legislation.”

Reps. Alfonse D’Amato, supports the bill. Spencer Bachus, R-Ala., said in a statement