Lasseters Online Casino Is Now Closed

January 31st, 2009 admin Gambling News 0

lasseters_online_casinoIt is hard time all over the world, even for online casinos. One of the first online casinos to take bets on the Web, Lasseters Online, has come to an end. Lasseters Corporation said it was no longer taking bets on its three casino websites, Lasseters Online, AusVegas, and Lasseters Euro.

Lasseters Online Casino has decided to close its doors for good after 8 years of operation. People in the online casino say that the closing of this website has been a long time coming; however it is still a shame to see such a famous online casino close its doors.

One of the biggest thorns in the side of Lasseters online was the unlawful online gambling enforcement act passing. Lasseters insiders blame the managing committee of the online casino and the general vision for the casino itself. The corporation who did not take as hard of a hit by losing the United State’s players business are flourishing in the European markets. In 2007, the online casino took a $15.5 million hit in revenue losses and was not willing to take the rescue from Lasseters International.

The decision was made to turn down the rescue because the prospect of the company looked harsh. As a result, Lasseters is no longer competitive on the Web and is closing its doors.

Online Poker Tournaments

January 19th, 2009 admin Casinos 0

Online poker tournaments are fun way to spend an afternoon.  When you are playing poker, you may not know that you can play tournaments that are vastly different than playing cash games.  In cash games, you will sit at a table with a certain amount of money and once that money is gone or you have won the amount you want to win, you can stand up from the table and go do something else.  The blinds remain the same and you can play for as long as your money lasts or as long as you want to.  When playing tournaments, your strategy will have to be different as you will be playing only as long as your chips last.  Most tournaments are considered freeze outs, which means that you can not re buy for more chips.  There are re buy tournaments offered and you can choose to play those if you like having a second chance to make the money.  When playing a freeze out tournament, you will buy in for a small amount and be able to win a substantially higher amount if you are the first place finisher.

When playing poker en linea tournaments, and live poker tournaments like the World Series of Poker, you will be competing with a large field of players.  All players will be at tables that will have nine or ten people sitting at them.  The main goal is to get as many chips as possible and ultimately to have all the chips and win first place.  You do not need to win first place to get a cash reward however, you can still “cash” if you only finish “in the money”.  In the money means when the online poker room starts paying out finishers at a certain place in the tournament.  The blinds will increase at a set time, usually ever ten minutes so you need to play smart in order to accumulate enough chips to out last the blind increases.  This is the best strategy to finishing in the money and giving your self a chance at first place.

Video Poker Tournaments at Online Casinos

January 17th, 2009 admin Casinos 0

If you love playing video poker at online casinos, you may be wondering if there is any way to play video poker any other way at casino en ligne.  Some casinos offer video poker tournaments for their video poker players.  You can buy in for a small monetary amount or even for play money.  Some online casinos even will offer free roll tourney where there is no buy in and you can win real money if you are the one who finishes in the money.  This is a great way for online casino players to fund their accounts when they do not want to put real money on their online casino account.  When they win casino online video poker tournament, they can use the real money they win to start playing for real money and enhance their playing enjoyment.  There are not many places where you can win free money without having to invest any thing in a traditional brick and mortar casino which makes online casinos more accessible to every day players.

When you are playing a video poker tournament you will be playing against other players like yourself.  Whoever has the most points or the has won the most hands will advance to the next round of play.  Those who do not will be knocked out and will no longer be able to play in the tournament.  Rounds will be played until all the players are in the money.  Then the players will be playing to higher win amounts.  The final player left standing will win the big prize which is usually a lot more money than the other places pay and may advance the winner into another tournament with a bigger pay out.

It can be a lot of fun to play video poker tournaments at a casino online.  Not only that, you can win a lot of money if you are the winner.  You can even play for free and win your way in to a bigger tournament that will pay you in real money that you can spend in the casino.

Online Gambling Back in Fame

January 13th, 2009 admin Gambling News 0

Recently US government is increasing the pressure on the online casinos and foreign gambling companies to exit the US market. The Kentucky situation has promoted some of the major gambling companies to completely exit the US market. The reason for this is, United State Department of Justice is challenging to prosecute online casinos for the internet gambling activities prior to the UIGEA and internet gambling companies which are under the authorized by the UIGEA are merely deciding to look into new markets until the US market calms down. Even though all this issue had been gathered up in the past two years the US online gamblers continue to visiting different online casinos site and seek a way to gamble.

However, information and statistics indicates that online casino gambling in the US is rising up sharply after it has been down for two years due to the implementation of the Unlawful Internet Gambling Enforcement Act (UIGEA). Most of the gambling companies are quit from the market but few that stayed, are now benefiting from the US players. And online gamblers are also coming back to gamble and the numbers are increasing rapidly. But still one of the major problems the online gamblers still face is, finding sites that are able to effectively process transactions between US gamblers with US bank accounts the foreign companies.

Do Online Casinos Create Gambling Addictions?

January 7th, 2009 admin Casinos 0

mansionBecause of the ease of gambling online and the amount of online casinos available, it may be easier to become addicted to gambling than it would be in a typical casino.  Unless you live in Las Vegas, Atlantic City or near a casino, logistically speaking, it may be difficult to get to a casino and gamble in a live setting and therefore, you will not be able to do it as much and not develop an addiction to gambling.

When you can sit at home in your pajamas and gamble online as much as you want, you may become addicted to the games you are playing.  I am an online poker player and have seen how many people become obsessed with online gambling after winning their first tournament or large cash game.  Many think that online gambling is a great way to get rich and that it is easy for them to make a lot of money.  I have seen these same people who win a lot of money, lose it all just a quickly because they did not take care and learn when to walk away from the game for a while before the money the won, and more money the deposited was all gone.

If you decide to gamble at an online casino, never play when you are losing a lot.  That is the time to quit even if you think that next pull of the slots or the next black jack hand will get you some of your money back.  It is better for you to just shut it down and come back another day when you are refreshed and not losing so much, what poker players call being on tilt.  This is basically betting in a crazy manner because you are angry you are losing.  This will do nothing but empty your wallet and make more money for the casinos.   If you feel you are not in control, step away from the computer, go for a walk , talk to your spouse, or take a hot shower and forget about gambling for a while.