Archive for June, 2010

The 2010 World Cup looks to be the single most wagered upon event in sports history, with over £1 billion in bets expected at online gambling sites and bricks-and-mortar bookmakers’ shops alone.

While the great majority of this will be placed by punters on the eventual tournament outcome and on individual matches, oddsmakers naturally offer a number of bizarre propositions on which riskier (or crazier) types may gamble.

If you’re one of those bored with the more traditional 2010 FIFA World Cup odds, check out some of these fresh alternatives.

• Total number of red cards given during the World Cup: over/under 19.5. Nobody really likes to see red cards on the football pitch: They do everything from slow down the game to ignobly end careers. Of course, one way to enjoy the referee’s moment of glory in this World Cup would be to bet on the outcome. How can you spot the fan who made this bet? He’s the only one cheering for the zebra!

• England is eliminated from the tournament on a penalty shootout: 4/1. Perhaps the most bet-upon side in the whole 2010 World Cup is England, which has even UK-based bookmakers worried that the country might get to relive the glories of 1966. On the other hand, there’s this prop bet, which will surely appeal to many cynical Brits.

• Any goalie scores in the tournament: 11/2. It’s never happened in World Cup history, but someday surely will.

• Diego Forlan of Uruguay scores the final goal of the 2010 World Cup: 500/1. This proposition is definitely not for the faint-hearted. Not only would Uruguay presumably need to at least make the World Cup final, striker Forlan needs to put in the game-winner. Either that or the punter is cheering for a lot of nil-nil shootout wins for the country that hasn’t won the tourney since 1950.

• Pick all 64 games correctly: €1,000,000. Titan Bet is offering this chance at riches, immortality and a genius label. And if someone picks “only” 49 games correct, that’s worth €250,000, too.

• North Korea to win: 2000/1 (or more). This line is Paddy Power’s and actually represents odds a bit shorter on North Korea than on many Internet gambling sites offering World Cup betting. All right, so this isn’t a bizarre proposition bet, but it would take a certain kind of punter to put any amount down on this all-time darkest of all dark horses.

Whether you’re betting soberly or crazily, enjoy the 2010 FIFA World Cup! And Gambling Results reminds all its readers to please bet responsibly.

The 2010 World Cup looks to be the single most wagered upon event in sports history, with over £1 billion in bets expected at online gambling sites and bricks-and-mortar bookmakers’ shops alone.

While the great majority of this will be placed by punters on the eventual tournament outcome and on individual matches, oddsmakers naturally offer a number of bizarre propositions on which riskier (or crazier) types may gamble.

If you’re one of those bored with the more traditional 2010 FIFA World Cup odds, check out some of these fresh alternatives.

• Total number of red cards given during the World Cup: over/under 19.5. Nobody really likes to see red cards on the football pitch: They do everything from slow down the game to ignobly end careers. Of course, one way to enjoy the referee’s moment of glory in this World Cup would be to bet on the outcome. How can you spot the fan who made this bet? He’s the only one cheering for the zebra!

• England is eliminated from the tournament on a penalty shootout: 4/1. Perhaps the most bet-upon side in the whole 2010 World Cup is England, which has even UK-based bookmakers worried that the country might get to relive the glories of 1966. On the other hand, there’s this prop bet, which will surely appeal to many cynical Brits.

• Any goalie scores in the tournament: 11/2. It’s never happened in World Cup history, but someday surely will.

• Diego Forlan of Uruguay scores the final goal of the 2010 World Cup: 500/1. This proposition is definitely not for the faint-hearted. Not only would Uruguay presumably need to at least make the World Cup final, striker Forlan needs to put in the game-winner. Either that or the punter is cheering for a lot of nil-nil shootout wins for the country that hasn’t won the tourney since 1950.

• Pick all 64 games correctly: €1,000,000. Titan Bet is offering this chance at riches, immortality and a genius label. And if someone picks “only” 49 games correct, that’s worth €250,000, too.

• North Korea to win: 2000/1 (or more). This line is Paddy Power’s and actually represents odds a bit shorter on North Korea than on many Internet gambling sites offering World Cup betting. All right, so this isn’t a bizarre proposition bet, but it would take a certain kind of punter to put any amount down on this all-time darkest of all dark horses.

Whether you’re betting soberly or crazily, enjoy the 2010 FIFA World Cup! And Gambling Results reminds all its readers to please bet responsibly.

Internet gambling in the United States has received quite a lot of media attention lately. Earlier this month, an old bill from 2006 passed into law – it’s called the Unlawful Internet Gambling Enforcement Act (UIGEA), and its aim is to make it more difficult for Americans to gamble online. The new law does not make online gambling in the US illegal. In fact, there are dozens of online casinos accepting US players, along with a wide range of excellent poker rooms, bingo halls, and sportsbooks that let US players sign up and gamble.

The only place where US players might run into problems is banking. The UIGEA essentially goes after American banks, forcing them to block credit and debit card transactions that involve online gambling. This leaves fewer options open to American players, but fortunately, there are still plenty of ways to get money to and from online casinos and other gambling sites.

Most solutions involve alternative internet banking services called e-wallets. These online gambling payment methods act as liaisons between players and gambling sites, taking money via credit or debit card from players then transferring it on their behalf to an online casino account. There are several of these banking services that accept US players, including eWalletXpress and UseMyWallet. They are the fastest and easiest way for American players to make deposits and withdrawals with online casinos or similar sites.

The easiest way to go about things is to first find an online gambling site that accepts US players, then after creating a new account there, talk with the customer support staff (many sites offer live chat services) and ask them to point out which payment methods they offer work well for players in the United States. Often, customer service representatives will be able to walk players through the whole process to help them fund their account quickly and easily.

At the end of the day, the hardest step is deciding where to sign up. A good place to start is this online gambling directory where players can read reviews of online casinos or other sites that accept US players. Sites like these are backed by many years of experience, and have a good understanding of what players are looking for. Remember, the US government is working hard to figure out the best way to open up the country’s online gambling industry, so it’s only a matter of time until things get a lot easier. Until then, enjoy the many great sites that still accept US players – good luck, and we hope you win!

Internet gambling in the United States has received quite a lot of media attention lately. Earlier this month, an old bill from 2006 passed into law – it’s called the Unlawful Internet Gambling Enforcement Act (UIGEA), and its aim is to make it more difficult for Americans to gamble online. The new law does not make online gambling in the US illegal. In fact, there are dozens of online casinos accepting US players, along with a wide range of excellent poker rooms, bingo halls, and sportsbooks that let US players sign up and gamble.

The only place where US players might run into problems is banking. The UIGEA essentially goes after American banks, forcing them to block credit and debit card transactions that involve online gambling. This leaves fewer options open to American players, but fortunately, there are still plenty of ways to get money to and from online casinos and other gambling sites.

Most solutions involve alternative internet banking services called e-wallets. These online gambling payment methods act as liaisons between players and gambling sites, taking money via credit or debit card from players then transferring it on their behalf to an online casino account. There are several of these banking services that accept US players, including eWalletXpress and UseMyWallet. They are the fastest and easiest way for American players to make deposits and withdrawals with online casinos or similar sites.

The easiest way to go about things is to first find an online gambling site that accepts US players, then after creating a new account there, talk with the customer support staff (many sites offer live chat services) and ask them to point out which payment methods they offer work well for players in the United States. Often, customer service representatives will be able to walk players through the whole process to help them fund their account quickly and easily.

At the end of the day, the hardest step is deciding where to sign up. A good place to start is this online gambling directory where players can read reviews of online casinos or other sites that accept US players. Sites like these are backed by many years of experience, and have a good understanding of what players are looking for. Remember, the US government is working hard to figure out the best way to open up the country’s online gambling industry, so it’s only a matter of time until things get a lot easier. Until then, enjoy the many great sites that still accept US players – good luck, and we hope you win!

On June 01, 2010, American gambling laws changed. An old bill from 2006 called the Unlawful Internet Gambling Enforcement Act (UIGEA) went into full effect, forcing US banks and credit companies to stop processing transactions to and from online casinos and other internet gambling sites. The law represents an attempt to put a stop to online gambling in the US.

The reason for this round-about approach to the issue of internet gambling is simple: an all-out ban would be completely unenforceable. While American companies are absolutely not allowed to offer online gambling services, there are plenty of countries around the world that do offer gambling over the internet, and many of these foreign-based online casinos accepting US players. While the American government doesn’t like this, they can’t stop it directly, simply because these websites operate in other countries where American authorities have no jurisdiction.

The UIGEA is therefore a rather feeble attempt to slow down gamblers. It has been a long time coming, and everyone connected to the industry has been preparing for it since it was first announced in 2006. The initial announcement had a big effect, driving some online casino software providers out of the American market. A few stayed, however, leaving players with a decent selection of sites where they can sign up and gamble online.

The biggest issue now is banking. US players will find it difficult, if not impossible, to use their credit or debit cards to deposit money directly into an account at an online gambling site. Instead, they simply make indirect deposits – there are alternative banking methods that re-route funds, taking money from the player then passing it on to the gambling site (and vice versa when it comes time to collect winnings). US players have already been relying upon these alternative online gambling payment methods for several years.

At the end of the day, the UIGEA does little to prevent US players from gambling online. One thing it most certainly does not do is to ban internet gambling. Despite what the media says, online gambling in the United States is not illegal. While certain individual states do have laws against gambling in general, players enjoy some leeway with the system, since the internet creates questions about jurisdiction. US lawmakers seem to be moving slowly towards the regulation of internet gambling, but it could be a few years off – until then, Americans continue to enjoy online poker, internet casino games, even bingo and sports betting, all without breaking the law.

On June 01, 2010, American gambling laws changed. An old bill from 2006 called the Unlawful Internet Gambling Enforcement Act (UIGEA) went into full effect, forcing US banks and credit companies to stop processing transactions to and from online casinos and other internet gambling sites. The law represents an attempt to put a stop to online gambling in the US.

The reason for this round-about approach to the issue of internet gambling is simple: an all-out ban would be completely unenforceable. While American companies are absolutely not allowed to offer online gambling services, there are plenty of countries around the world that do offer gambling over the internet, and many of these foreign-based online casinos accepting US players. While the American government doesn’t like this, they can’t stop it directly, simply because these websites operate in other countries where American authorities have no jurisdiction.

The UIGEA is therefore a rather feeble attempt to slow down gamblers. It has been a long time coming, and everyone connected to the industry has been preparing for it since it was first announced in 2006. The initial announcement had a big effect, driving some online casino software providers out of the American market. A few stayed, however, leaving players with a decent selection of sites where they can sign up and gamble online.

The biggest issue now is banking. US players will find it difficult, if not impossible, to use their credit or debit cards to deposit money directly into an account at an online gambling site. Instead, they simply make indirect deposits – there are alternative banking methods that re-route funds, taking money from the player then passing it on to the gambling site (and vice versa when it comes time to collect winnings). US players have already been relying upon these alternative online gambling payment methods for several years.

At the end of the day, the UIGEA does little to prevent US players from gambling online. One thing it most certainly does not do is to ban internet gambling. Despite what the media says, online gambling in the United States is not illegal. While certain individual states do have laws against gambling in general, players enjoy some leeway with the system, since the internet creates questions about jurisdiction. US lawmakers seem to be moving slowly towards the regulation of internet gambling, but it could be a few years off – until then, Americans continue to enjoy online poker, internet casino games, even bingo and sports betting, all without breaking the law.

Gaming group 888 has had a difficult 2010 and it seems things are only going to get worse. After releasing a profit warning showing that poker turnover had decreased by 18% between January and May, 888 now anticipates losing even more business during the 2010 World Cup this summer. While 888 blames an industry-wide decline, currency fluctuation and even illegal casino operators for their woes, some financial experts wonder if 888 is ripe for a takeover.

The Guardian: Gaming group 888 could attract predators after profit warning

After a gloomy warning from 888 spokespeople regarding revenue between January and May, the company has left itself vulnerable to takeover. Following up on a similar negative forecast released in April, 888 showed that the number of players at its poker website dropped by about 18% in the first five months of 2010.

Though 888 believes the downward trend to be industry-wide and that its own program of cost-cutting must be adhered to, spokesmen maintained that 888 would continue its strategy of acquisition – a plan 888 seems to be incapable of at present.

Rumors that bigger companies Party Gaming and/or Ladbrokes might make a bid at a takeover of 888 emerged while 888 stocks lost 21% of value on the day of the announcement to finish trading at 53.25p. Greg Johnson of investment banking services provider Shore Capital stated that Ladbrokes “needs greater scale in its online operation, in our view,” making 888 operation a perfect match.

This is London: 888 will spend World Cup behind the sofa as it predicts strain on profits

Internet casino 888 warned that the upcoming World Cup would actually be bad for its business, as its staple poker players are expected to be spending less time and money at the online poker tables and instead devote more energy to football. “Online gaming trading during the period of the World Cup will be difficult,” said 888 CEO Gigi Levy as he announced the profit warning.

Levy also stated that profits for 888 in year 2010 would be “significantly lower than previous market expectations” of $45.5 million.

As for the current drop in poker business at 888, illegal online operators in America were blamed for eating into profits, though the numbers show that high-rollers visit the site less frequently than ever. Levy also blamed currency fluctuation for its financial woes, stating that $5 million in revenue had been lost in 2010 so far because of exchange rates: Though 888 does most business in euros and pounds sterling, revenue is reported in terms of U.S. dollars.

The (London) Express: 888’s World Cup Fears

Online gaming company 888 Holdings issued a warning on profits yesterday in anticipation of casino gamers deserting the site to turn attention to the 2010 World Cup tournament: “Instead of staying in and using 888,” said one 888 spokesman, “people are more likely to go down the pub and watch the football.”

A pair of financial analysts offered harsh assessments of 888’s current financial state. One unnamed analyst stated that “The potential for 888 to be acquired has diminished,” while James Hollins of corporate advisory firm Daniel Stewart & Co. said that “888’s weak poker offering and lack of significant sports offering has worked against it.”

Gaming group 888 has had a difficult 2010 and it seems things are only going to get worse. After releasing a profit warning showing that poker turnover had decreased by 18% between January and May, 888 now anticipates losing even more business during the 2010 World Cup this summer. While 888 blames an industry-wide decline, currency fluctuation and even illegal casino operators for their woes, some financial experts wonder if 888 is ripe for a takeover.

The Guardian: Gaming group 888 could attract predators after profit warning

After a gloomy warning from 888 spokespeople regarding revenue between January and May, the company has left itself vulnerable to takeover. Following up on a similar negative forecast released in April, 888 showed that the number of players at its poker website dropped by about 18% in the first five months of 2010.

Though 888 believes the downward trend to be industry-wide and that its own program of cost-cutting must be adhered to, spokesmen maintained that 888 would continue its strategy of acquisition – a plan 888 seems to be incapable of at present.

Rumors that bigger companies Party Gaming and/or Ladbrokes might make a bid at a takeover of 888 emerged while 888 stocks lost 21% of value on the day of the announcement to finish trading at 53.25p. Greg Johnson of investment banking services provider Shore Capital stated that Ladbrokes “needs greater scale in its online operation, in our view,” making 888 operation a perfect match.

This is London: 888 will spend World Cup behind the sofa as it predicts strain on profits

Internet casino 888 warned that the upcoming World Cup would actually be bad for its business, as its staple poker players are expected to be spending less time and money at the online poker tables and instead devote more energy to football. “Online gaming trading during the period of the World Cup will be difficult,” said 888 CEO Gigi Levy as he announced the profit warning.

Levy also stated that profits for 888 in year 2010 would be “significantly lower than previous market expectations” of $45.5 million.

As for the current drop in poker business at 888, illegal online operators in America were blamed for eating into profits, though the numbers show that high-rollers visit the site less frequently than ever. Levy also blamed currency fluctuation for its financial woes, stating that $5 million in revenue had been lost in 2010 so far because of exchange rates: Though 888 does most business in euros and pounds sterling, revenue is reported in terms of U.S. dollars.

The (London) Express: 888’s World Cup Fears

Online gaming company 888 Holdings issued a warning on profits yesterday in anticipation of casino gamers deserting the site to turn attention to the 2010 World Cup tournament: “Instead of staying in and using 888,” said one 888 spokesman, “people are more likely to go down the pub and watch the football.”

A pair of financial analysts offered harsh assessments of 888’s current financial state. One unnamed analyst stated that “The potential for 888 to be acquired has diminished,” while James Hollins of corporate advisory firm Daniel Stewart & Co. said that “888’s weak poker offering and lack of significant sports offering has worked against it.”

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As the BP oil disaster unfolds in the Gulf of Mexico, Irish internet sportsbook Paddy Power is offering odds on which species the oil will drive to extinction first. Some have called the offerings irresponsible, saying that the attempt to profit from the disaster is in bad taste. Paddy Power responded by saying that they offer the odds in hopes of bringing attention to the issue.

The Wall Street Journal: Paddy Power Seeks To Cash In On Marine Life Extinction

Paddy Power may have crossed the line. In a recent press release entitled “Ridley Turtle Tipped For Oily Exit” Ireland’s biggest online sportsbook announced odds on which marine species will be the first to become extinct due to the oil spill disaster in the Gulf of Mexico.

Paddy Power insists that they are only trying to bring attention to the responsibilities of oil companies.

“The oil spill seems to be going from bad to worse with no end in sight,” says a spokesman for Paddy Power said, who denied that the extinction odds were in bad taste. “Hopefully our odds will bring home the imminent danger to such a varied mix of species dependent on the ocean.”

Unfortunately these words clash with the the tone of Paddy Power’s press release, which inserts humor in all the wrong places. For example, the statement quips about the Kemp’s Ridley Turtle, saying the fact that the species migrates through the Gulf of Mexico this time of year is “spectacularly bad luck”.

This is obviously a publicity stunt, and Paddy Power’s bottom line is to make money. Unfortunately, the fact remains that BP’s pipeline has yet to be fixed, and everyone involved is side-stepping the issue, refusing to accept responsibility.

New York Times: Website Offers Betting on Spill-Related Extinctions of Gulf Species

The online sports betting site Paddy Power is offering odds today on which marine species would be first to go extinct due to BP’s ruptured oil well in the Gulf of Mexico.

The Kemp’s ridley turtle, already an endangered species, is favored to go first. A $5 bet on the turtle would win $9 if it becomes extinct because of the spill. Other species like the gulf sturgeon, smalltooth sawfish and elkhorn coral have less probable odds, paying out at rates of 20-to-1.

Paddy Power hopes the offer will bring attention to the fact that the spill is an environmental catastrophe that will likely lead to the extinction of one or more species in the Gulf.

“We kind of have a very simple philosophy at Paddy Power — within reason if there is a very newsworthy event that are people are talking about, people should be allowed to back up their opinion with some cash,” said spokesman Ken Robertson.

The Chronicle Herald: Ruptured oil well threatens bluefin tuna

The oil spill in the Gulf of Mexico is threatening the Atlantic bluefin tuna, raising concerns about the future of the species in Atlantic Canada. The fish breed in the Gulf, but then follow the Gulf Stream north, along the Nova Scotia coast.

“There is an important rod-and-reel fishery and a significant tourism industry associated with the great fish during the fall season in the Maritimes,” said Reg Hartlen at H&H Fisheries in Eastern Passage.

Many people associated with Canada’s fishing industry first heard about the threat to the bluefin when Paddy Power online sportsbook gave odds on which species would become extinct first because of the disaster. The bluefin is listed as second most likely to face extinction, right after the Kemp’s ridley turtle.

“Anybody who knows anything at all about the importance of the gulf region to our fishery is watching this situation very closely,” said Stephen Kiley, a former Shad Bay charter boat captain.

“One of the worst environmental night­mares of our time is unfolding right now in the gulf. We’ll be living with it for years.”

As the BP oil disaster unfolds in the Gulf of Mexico, Irish internet sportsbook Paddy Power is offering odds on which species the oil will drive to extinction first. Some have called the offerings irresponsible, saying that the attempt to profit from the disaster is in bad taste. Paddy Power responded by saying that they offer the odds in hopes of bringing attention to the issue.

The Wall Street Journal: Paddy Power Seeks To Cash In On Marine Life Extinction

Paddy Power may have crossed the line. In a recent press release entitled “Ridley Turtle Tipped For Oily Exit” Ireland’s biggest online sportsbook announced odds on which marine species will be the first to become extinct due to the oil spill disaster in the Gulf of Mexico.

Paddy Power insists that they are only trying to bring attention to the responsibilities of oil companies.

“The oil spill seems to be going from bad to worse with no end in sight,” says a spokesman for Paddy Power said, who denied that the extinction odds were in bad taste. “Hopefully our odds will bring home the imminent danger to such a varied mix of species dependent on the ocean.”

Unfortunately these words clash with the the tone of Paddy Power’s press release, which inserts humor in all the wrong places. For example, the statement quips about the Kemp’s Ridley Turtle, saying the fact that the species migrates through the Gulf of Mexico this time of year is “spectacularly bad luck”.

This is obviously a publicity stunt, and Paddy Power’s bottom line is to make money. Unfortunately, the fact remains that BP’s pipeline has yet to be fixed, and everyone involved is side-stepping the issue, refusing to accept responsibility.

New York Times: Website Offers Betting on Spill-Related Extinctions of Gulf Species

The online sports betting site Paddy Power is offering odds today on which marine species would be first to go extinct due to BP’s ruptured oil well in the Gulf of Mexico.

The Kemp’s ridley turtle, already an endangered species, is favored to go first. A $5 bet on the turtle would win $9 if it becomes extinct because of the spill. Other species like the gulf sturgeon, smalltooth sawfish and elkhorn coral have less probable odds, paying out at rates of 20-to-1.

Paddy Power hopes the offer will bring attention to the fact that the spill is an environmental catastrophe that will likely lead to the extinction of one or more species in the Gulf.

“We kind of have a very simple philosophy at Paddy Power — within reason if there is a very newsworthy event that are people are talking about, people should be allowed to back up their opinion with some cash,” said spokesman Ken Robertson.

The Chronicle Herald: Ruptured oil well threatens bluefin tuna

The oil spill in the Gulf of Mexico is threatening the Atlantic bluefin tuna, raising concerns about the future of the species in Atlantic Canada. The fish breed in the Gulf, but then follow the Gulf Stream north, along the Nova Scotia coast.

“There is an important rod-and-reel fishery and a significant tourism industry associated with the great fish during the fall season in the Maritimes,” said Reg Hartlen at H&H Fisheries in Eastern Passage.

Many people associated with Canada’s fishing industry first heard about the threat to the bluefin when Paddy Power online sportsbook gave odds on which species would become extinct first because of the disaster. The bluefin is listed as second most likely to face extinction, right after the Kemp’s ridley turtle.

“Anybody who knows anything at all about the importance of the gulf region to our fishery is watching this situation very closely,” said Stephen Kiley, a former Shad Bay charter boat captain.

“One of the worst environmental night­mares of our time is unfolding right now in the gulf. We’ll be living with it for years.”