What Do Casinos, Bookies and Market Makers Have in Common?

Of casinos, bookies and market makers.

For the past 25 years I have been avid supporter of all three businesses – casinos, bookies and market makers. And by supporter, I mean my hard earned money has gone to support these businesses.

At some point it occurred to me that these business models are connected and that connection became the access to a breakthrough in my performance and profitability.

Let’s look at these business models:

CASINOS

Casinos make money because every game they offer has a built in statistical advantage for the casino. That edge can be very small (lower than two percent), but over time and the millions of bets placed by casino patrons, that edge earns the casino enough money to build elaborate hotels, fountains, giant pyramids, towers and replicas of famous landmarks.

BOOKIES

Generally, a bookie is an expert in the field in which he or she offers bets. Bookies have to be extremely knowledgeable, or they will not be able to turn a profit.

The goal of a bookie is to set up a point spread which allows him or her to profit no matter what the outcome of an event is. This requires a constant adjustment of the odds, and in some cases a bookie may even buy bets from another bookie to create a desired spread.

MARKET MAKERS:

Ever think about how you can just call your broker (or go online) and in a moment’s notice sell 1,000 shares of Cisco? I mean, who is buying those shares? How does that really work?

Well, a market maker is to thank for this. There are people, market makers, that are willing to be there, standing by at all times, to buy or promise to sell any given stock. They will buy whatever you are selling, or they will go out and get whatever you want to buy. They are the grease in the wheels of the market.

What is interesting, from our perspective, is HOW MARKET MAKERS MAKE THEIR MONEY!

Look, they are taking a risk with every trade. Suppose they buy your 1,000 shares of Cisco that you want to dump and before they can sell it the price drops? They are risking their assets with every trade they facilitate.

How they counter this, how they profit, is they add a little something to every trade. They buy for a little less than the current price and the sell for a few cents more than the going rate. They don’t need a lot of mark up. Just a few pennies on either side – but given the volume of what they do, they wind up ahead.

Not only is their risk mitigated, but the amount they add puts the odds on their side. They are not playing for the stock to rise or fall at all. They just want there to be volume!

THE MILLION DOLLAR CONNECTION

Can you see it? All three make their money by guaranteeing that THEY have the statistical advantage at all times.

None of them need to (or look to) win big. No, their money comes from the EDGE that they establish BEFORE any bets are placed. In fact, they are the ones

TAKING the bets, not MAKING the bets.

All they need is a small edge and they know, mathematically that they are going to come out ahead.

So what of it? Good for them. What does that have to do with us?

Well, what if I told you there was a way to gain the same statistical advantage that casinos, bookies and market makers have? What if I told you that there was a way for you to stop MAKING trades and start TAKING trades (just like a casino, bookie and market maker)?

I want you to know that there is. You can trade like a bookie. You can trade like a casino. You can use market makers to be a market maker.

Future of Online Games

Online Games are played over some form of computer network. Online games range from simple text based games to games incorporating complex graphics and virtual worlds populated by many players simultaneously. It includes games like casino, poker, sports, shooting games, risk and adventure games, and many more. Many outsourced software development companies are now into games development. Online gaming itself has developed as full-fledged business. There are various software development tools such as 3D flash animator, flash, that are widely used by game development companies.

They have more advanced features than your standalone non-internet games. The competition in it is also a driving force for their popularity. These allow players to challenge themselves more. Our busy life makes playing with a group of friends difficult. It solve this problem by allowing busy people to hop online and play as and when they want. Many have associated online communities as well as communities providing software development services, a form of social activity beyond single player games.

It has continued to increase in popularity. So much that the income generated is greater than the income earned by Hollywood. The future of game’s design & development is clear and unquestionable with venturing of game development companies into online console gaming, Xbox Online, PlayStation 2 and rapidly expanding mobile gaming market. Offshore product development companies are developing widely used products. These have brought the adventure and enthusiasm down to our desktops.

It is a new phase of software product development in the modern world. It is a means of connecting people together. The increase in popularity of online gaming has resulted in increase of overall expansion of computer networks and increase to the growth of the internet access and activities. More and more companies will be seeking out advertising in online games as a way to expand and grow their business and reach a targeted audience. Game owners collect important demographic data on their players, which yield to targeted advertising and more value for their money. The Internet offers great diversity of it nowadays.

It has now become very popular in people of all ages all across the world. We can have number of gaming zones, several gaming communities, multiplayer online games, and also online game governance laws.

As we all are aware that today, the Internet is serving as the living organism hosting many online systems. It has overcome all the issues whether it is related to geographical boundaries of the world, economy, educational or cultural and family traditions. Communities are being established for social interaction. Players can send messages to other players, they can also exchange email addresses freely and interact with the game community. Communities are undoubtedly becoming an extension and serving as a new medium of human touch. Gamers are now the co-authors that are authorized to take part in the experience.

Poker and the Stock Market

I was out of town this weekend in Southern NJ, Atlantic City to be exact. After finishing my business at the convention center, I traveled back to the newest casino, the Borgata where I was staying for the night. I don’t consider myself a gambler and have never enjoyed losing money at the tables. When I do gamble, my preferred games have always been craps and blackjack. Until recently, I had never played at a poker table in a casino environment but I enjoy the game of poker and have only played in backyard and basement games with old buddies. Many people consider the game of poker pure luck but this is not an accurate observation. Many factors run parallel with the game of poker and the game of stock market investing. Luck may play a part but rules, odds and money management are the largest components of the two entities.

When investing in the stock market, it is essential to have a sound set of rules or a system that has been tested in real time, no back testing or historical testing needed. After the system has been tested, the investor needs to follow rules in order to preserve capital and cut losses. The investor must also consider the odds of his/her stock making a gain or making a loss. Price objectives and targets should be a large part of every investor’s system. With proper money management and calculated expectancy, the investor should aim to trade only in situations where the odds are in his/her favor. In a strong bull market, it may not be wise to start shorting many stocks; the odds of making a big gain with this strategy could be very low. Another major component that works its way into investing is psychology and/or human emotion. Stocks are made up of human character traits, similar to the type of people that own them. Some stocks are risky and volatile while other stocks are conservative and predictable. The market repeats cycles and specific chart patterns because humans repeat their actions and character tendencies.

Now, back to the poker table; as I sat down and started to play, my first goal was to become familiar with the character traits of the players around me. With 10 players at the table, I had plenty of time to evaluate the people I was playing with, without risking a great deal of money. After several rounds of play, I was aware that the gentleman to my right would only bet high odd hands and would fold every other hand. He was very edgy and nervous and folded his cards with force when he was angry. The gentleman to the left would also play hands with high odds but I did see him call bets with some hands that were risky with lower odds. One gentleman across the table was the bluffer and always had a smirk on his face with a pair of dark glasses. I challenged this man on several occasions and paid to see his cards because I felt he had nothing. More times than not, I was right and still beat him with an average hand. I could go on but you understand the point I am trying to make: all poker players and investors bring their emotions to the table.

I won’t get into the exact rules of playing poker but I can tell you that only two players are required to bet per round while the other eight can view their first two cards without risking a cent. My game of choice is Texas Hold’em, the current craze across the country and one that excites me when I am in the environment. The two players required to bet represent the big and small blinds. If you are the dealer or anoy other players at the table, you can view your first two cards for free without an bet. If the hand is weak, you can fold and keep your gambling stake.

Here is where it gets interesting; if I have a decent hand, I can decide to call the larger blind and see the next three cards on the flop, which is still a low risk investment. If the flop doesn’t provide me with the cards I need, I can immediately cut my losses short by folding and wait for the next game. The same is true in investing; I can cut a loss short and wait for the next opportunity without risking the farm if I realize an immediate loss. If the cards are good and my probabilities of winning the hand are high, I can call the bet or raise the bet. A fourth and fifth card (the turn and the river) are placed on the table after the flop and betting continues with each round. Again, I can decide if I would like to call, raise or cut my losses short. The connection I am trying to make with investing in the stock market and playing poker relates directly to cutting losses short (capital preservation and money management) and my odds of winning the game (in the stock market this could be called expectancy).

In my opinion, the best game to play at the casino is $1-$2 no limit style. This means that the blinds are held to a minimum and it will only cost you a couple of dollars to see the flop in many cases. The “no-limit” aspect allows your upside potential to be unlimited which carries through to investing. If you cut losses short and ride your winner, the up-side potential in investing can also be unlimited, especially when using options (but that is for another discussion). Last night, I could see my first two cards for free, eight out of every ten hands and I could fold if they were no good. If they were good, I put money on the table after my idea. In the real world, the world of stock investing, you should always put money after your best ideas. The ensuing gain or loss will tell you if you are right. Again, for the umpteenth time in this article, the most important part of both games is cutting losses short and moving on without mixing emotions into the decisions.

All investors and poker players bring emotions to the table, some people control them better while other people employ better systems and understand the odds on a higher level. The bottom line is to understand the situation around you and to use a sound system to raise your odds. Never bet a hand that represents a low chance of winning and never ride a loss that could multiply overnight. Cut losses short and get out of the game and wait for the next opportunity because they are always around the corner.

The Top 9 Benefits of Free Games Online

Millions of people across the globe go online every second of the day. Going online is a worldwide phenomenon and people do it to access social media, do some research, or look for something amusing.

One entertaining activity available online is gaming. Both children and grown-ups engage in relaxing and brain-stimulating games.

Many have argued that online games can be addictive, but when they are played in moderation, they offer many benefits. For children playing, they must be adequately supervised. Here are some benefits of free online games.

1. It is one of the most convenient ways to relax your mind. After several hours of working hard or while waiting for something or someone, playing games online is something you can easily enjoy especially during boring days. The flash games available online are the best option for this purpose because it takes only a few minutes to play the game.

2. It stimulates the brain and promotes learning while having fun. It’s more than just an amusing digital experience. Many online games improve mental alertness by formulating tactics to win. Other games provide educational information, such as world history and geography.

3. It boosts curiosity and thinking skills. Many experts believe that curiosity is one of the most important factors for brain development. Many games provide the opportunity for players to think how the different elements work or find ways to answer a problem. Some games will even make you research for information or make you think hard for tricks to walk through the situation.

4. It promotes social interaction. Connecting with people of different ages and nationalities, and exchanging ideas, are an enjoyable gaming experience.

5. It cultivates the spirit of teamwork. Multiplayer online games are a good vehicle to work collectively in solving a problem. Players share ideas and learn how to work together.

6. It can be a good bonding moment between family members and friends. Playing online games with your family and friends is one way to foster a closer relationship.

7. It helps develop competitive spirit. Playing online games motivates you to win and succeed, an attitude which many players will take positively to apply in real life.

8. It provides an excellent opportunity to experience innovative technology. Exposure to web applications and innovative graphics inspires non-tech individuals to increase their computer literacy, which is an important skill these days. For tech-savvy players, they become more inspired to improve their craft.

9. It promotes technology advancement. Games are always updated, and new releases are always made available online. Players keep on learning new things. They become tech-savvy during the process.

There are many reasons to enjoy free online games. And they go beyond relaxation and entertainment. What’s more, there is always an online game available to meet your personal preference. A wide variety of free online games are available, from action games to arcade, adventure, art and skill games.

Information On Online Poker Rooms

Poker is quickly becoming the fastest growing game in the gaming industry. Poker has had a new addition with the entry of online poker sites. The popularity of poker is exploding due to internet poker sites and all the television coverage the game is getting. Internet poker has gained popularity because of the ease to use. All that you need is a computer and an Internet connection to start playing the game!

An internet poker room is actually a company that allows users or poker players to access their software they developed to host poker games on their internet site. There are many poker sites available today that accept US players, but not all of them do. This is because of a gambling law passed in the United States called the UIGEA or Unlawful Internet Gaming and Enforcement Act. This made it hard for the online poker rooms to transfer money in and out of the United States so some companies stopped trying and left the market.

Internet poker sites make their money from the rake from the pots. The rake in poker is what the casino takes for allowing you to play in their game. The percentages can vary and in a traditional casino it is generally in the range of 5 and 20%. Internet poker rooms charge less rake because the overhead expenses of online US poker room are very less compared to a brick and mortar casino. The rakes of online poker rooms are as low as 2% and as high as 5%.

When you are selecting an internet poker room, it is vital to check the safety of the internet site. Some sites are not as secured as they should be and any information that you pass on may be used in wrongful manner. Check if the room is secured so that all financial transactions that you do are safe. In addition, some of the online poker rooms do not have license from a trusted gaming commission. You must always choose a room that has a license to host poker games. Other things to consider while choosing online poker rooms are personalized features, multi-table features and compatibility with the operating system of your computer.

It is also recommended to check the traffic that an online poker sites has before selecting it. The more number of players a room has, the more number of games you can play and better are your chances of winning and making money. There are many poker sites that offer bonuses and promotions to enhance poker players to play online. Since there are so many poker sites to choose from, it is advisable to spend some time researching before you select one. Whichever online poker room you select, you are sure to have tons of fun and make tons of money!

Responsible Gaming and Addiction

Gaming is one of those fun activities that most Ugandans find appealing. This is especially true for online gaming and online casinos. The beauty is that gaming online is safe because the regulation bit has been taken care of the National Gaming Board Uganda which is a body corporate that was established to ensure responsible gaming in Uganda.

Despite the regulation that has been put in place, it is still your responsibility as a player to ensure that you play the right way and avoid any gambling issues that may arise. Many games have gotten addicted because they probably were not advised as to how best to play. Many have found themselves borrowing money to facilitate their gaming and losing jobs all because they do not exercise any form of restraint. The truth of the matter is that for you to reap anything out of gaming, you need to be extremely disciplined.

The commonest symptom of gambling is the inability to stop irrespective of how much money has been lost. Addicts are the gamers that you will find playing day or night and who often resort to pleading tactics when told to stop. They keep requesting for more time or one more game. Addiction is mostly intensified or fuelled by the use of substances like alcohol and drugs since these remove any inhibitions that one might have.

How to avoid the addiction – The Four Pointers

  1. Have a pre-set budget: Creating a budget will give you a discipline that you need while gaming. Given that people earn different incomes, it’s essential that you do not base your budget on that of others but rather create one that fits perfectly into your income. Remember that gaming money should not take priority over bills like rent, food and tuition. It should be taken from your supplementary budget after other essential expenses have been removed. Remember to stick to your budget and not divert from it irrespective of whether you are winning or losing. If you need to reinvest, rather invest with your winnings than with money that is not budgeted for.
  2. Do not accumulate unnecessary debts: Borrowing is not a good decision when it comes to gaming. Not only will it create unnecessary anxiety but will also put a lot of strain on your finances. Remember that gaming is not a necessity so if you have no money, you would rather postpone it than enter into debts.
  3. Follow a strict set of rules: Setting your personal rules will help you have a discipline when playing. Set a time frame within which to play so as to leave room for other activities. Also essential is that you do not raise the stakes when you lose. Count all losses as such as opposed to them being a ticket for further playing. It is also essential that you follow the rules that you have set and not deviate from them.
  4. Never rely on your luck: Luck is just odds and this might not guarantee a good gaming experience for you. It is important that you understand that at certain times you will win while other times you will lose. At some point you will hit a jackpot but this does not mean that you should continue playing thinking that it is your night. It is important that you have fun while playing and not take the game too seriously. So play for playing sake and have fun while at it.

The above are just a few pointers of how to avoid gambling. However, in the event that you find yourself an addict, there is still hope for you. You might need some professional help along the way and might even need to close your accounts for a while until you get things under control.

Car Parking Games You Should Play And Tips On How To Play Them

Car parking games are popular with kids, but you can also use them to learn how to park properly. To help you out here are some of the best car parking games that you should consider playing:

Valet Parking pro

In this game you are said to be a casino valet and you must park and turn the cars without damaging them. The game comes in different levels and you have to complete each level at a given timeframe. For every level that you proceed to you have more cars. The parking spaces also become tight.

The navigation keys to use are arrows to direct the car and the space bar to brake. In addition to having fun, the game will also teach you how to safely park in tighter spaces.

Drivers Ed

In addition to parking, this game also exposes you to other areas of driving including taking turns.

The game is more of training than a game as you have to perfectly master a given move after which you should take a test. To proceed to the next course you must pass the test.

Just like in Valet Parking Pro you should use the arrow keys to control the car and the space bar as the hand brake.

Parking perfection

This is a series of arcade style parking games that put emphasis on extreme parking conditions such as parking in a crowded parking lot.

The game is made interesting by the many challenges available in it. For example, there are timed laps where you have to pack the car within a given timeframe. There is also the ramming contest where there are many drivers competing for the last open space.

Tips to consider when playing the parking game

For you to successfully play the games you need to consider a number of tips:

Understand the controls: different games have different controls; therefore, you should take your time to understand them. Some of the games will use the space bar for speed while others will use it as brake.

Read instructions: there is nothing in this world without instructions. Every parking game has its set of instruction and you have to follow them for you to progress to the next stage. You should note that every game is different thus has its own different instructions. To be on the safe side you should take your time to read through the instructions.

Drive just as you would in real life: when playing the game there is no difference as when you are driving a real car. When you are turning left you usually turn the sterling left. When playing you should press on the left button to turn left.

Conclusion

This is what you need to know about parking games. While the games help you to gain parking skills and have fun, they can be addictive; therefore, you should play them in moderation.

Play Poker Online

The online version of poker games is definitely equally exciting. But, one should earn some helpful strategies and rules to beat his/her opponents. When it comes to play poker online, people usually believe that it is all about aggression. Well, aggressive play does help sometimes, but it is not the proper way to win at online poker games. You have to understand that there is a little difference between the situation that exists when playing poker at land based casinos and in an online poker room. In the latter case, players are not able to see each other, which can makes it a bit tough for you to analyze your opponents. For this reason, it is usually better to keep your aggressiveness in control.

First of all, after you have learned the basics of poker game and have tried your luck by playing few hands in the online world, you should try to know or understand about the main aspects of poker. Well, there are basically four to five aspects of online poker games. First of all, you should get familiar with the rules of various sorts of online poker games, such as Texas Hold’em poker rules, Omaha Hold’em poker rules, Seven Card Stud poker rules, and many more. The rules associated with every sort of poker games are quite different. For this reason, before you download and install poker apps in your computer system, make it very sure that you know the rules very well.

After you are done with the rules, it is the time for you to focus on the strategies of online poker games. However, one important thing you should always keep in mind that there is no such strategy which can help you to win each and every hand of poker game. Before exploring out the strategies, it is essential to know about poker betting terminology, such as Raise, Fold, Call, and Check. These four betting terminologies are the fundamental blocks of online poker games. Bluffing is considered as one of the essential skills to play poker online, and it is definitely counted among the advanced poker strategies.

Bluffing is all about acting and betting in a way which is completely unrelated to the actual position of condition of the player. For example, if a player has bad hand, but he still wager in a way as if he or she has a good one, then it means that he or she is bluffing. A player with strong hands pretending to be a weaker opponent is also a way to bluff. Being unpredictable is one of the best ways to beat your opponents in the game. The moment you let them you analyze your game play, your end would be near soon.

Apart from poker rules and poker strategies, you should also gain some idea about poker tips. When you play poker online, it is quite important to be patient and keep your cool. Along with, you should also know about your opponents by analyzing their game play. Once you master these things, you can certainly make yourself an expert of online poker games.

New Zealand’s Participation in Online Gambling

New Zealand and Australia are popular destinations for online casino and online gambling developers. These two countries present a market full of existing gambling fans, and online companies want to capitalize on the opportunity. Internet gambling has already become quite popular in New Zealand, but few facts are known this particular market, as the activity has yet to be fully regulated.

The Problem Gambling Foundation of New Zealand has delved into the issue, publishing a fact sheet which illustrates the popularity of online gambling in the country. According to the report, 8% to 10% of New Zealand residents take part in some form of online gambling. This includes playing casino games on the internet or via mobile phones. Television gambling is also included in the category.

Very little is known about New Zealand’s online gambling market at the moment, but some studies have revealed a bit of insight. For example, it seems that Maori individuals are more likely to gamble online as 17% of all online gamblers in the country are of that particular descent. Other studies indicate that young males of Asian descent are also likely to participate in online gambling.

The country’s current online gambling laws state that the only companies which are able to offer internet gambling services to residents are those regulated by the government. As it stands, the only two operators allowed to do so are TAB Corp and the New Zealand Lotteries Commission. It is not illegal for residents to take part in online roulette, online slots and other casino games offered by international operators, but those operators could face fines for offering their services in the country.

While New Zealand seems to have very strict guidelines about online gaming, things seem to be changing. For years, TAB Corp was the only company licensed for online gambling in the country, but the government has recently allowed the New Zealand Lotteries Commission to launch its own online gaming website. The New NZ Lotto website allows players to purchase tickets online and play other online casino games, a huge step forward for the New Zealand gambling market.

There is no word yet on whether or not the country will begin licensing foreign operators, but many residents continue to access offshore gambling websites. In an industry worth millions of dollars every year, it may be a wise choice for the New Zealand government to consider regulating all forms of online gambling activities.