Posts made in June, 2015

Sports betting bill might cease if the senate doesn’t stage the vote before the elections

Sports betting bill might cease if the senate doesn’t stage the vote before the elections

Time is running out in Ottawa for the senate to act in making the single-event sports betting legal in Canada. The proposal was agreed upon by the House of Commons 3 years ago and has been untouched for the final senate approval.

Parliament will break for summer in a couple of weeks; if the vote is not brought the parliament’s attention prior to the next federal election, which is set to happen early this fall, then this sports betting bill might die off making this whole political process start from scratch.

The spokesperson for Caesars Windsor said that they still hope that the bill will get a vote but it would be a huge disappointment if this opportunity was missed. The exchange right now is favourable but they need something that is different from Detroit casinos which is something they hope will bring in more customers.

The CEO to Caesars Windsor is also the chairperson to the Canadian Gaming Association. He continues to air his views on the importance of Ottawa getting the single-event sports betting bill to be approved.

Things are uncertain and it seems the bill will not be handled before the fall of elections. This is picked from a statement made by Bob Runciman; who is the chair to the committee considering it. He said that it is unlikely that they will deal with the bill before the elections.

Among the departments pushing for this bill to be passed is the Canadian Chamber of Commerce. The CEO to the chamber; Perrin Beatty said that more than $14 billion in a year would be shifted from offshore and illegal wagers placed on sports to provincial taxation and regulation if the single-event betting would be legalized in Canada.

More and more people are disappointed in the slow pace the senate is taking on approving the bill. They are angry that there is no will in doing this and this is a good example as to why people have had enough of the current senate. The bill has been untouched from the time it was passed by the house. This slow pace allows for more money to be channels to crime through the illegal betting going on and could instead be put to better use in the education and health sectors in Canada.

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Promotions at BetVictor sportsbook

Promotions at BetVictor sportsbook

BetVictor is known to be one of the best sportsbook in Europe and all over the world. This has been a family business since 1925. In 1963, after the legalisation of betting shops Victor Chandler started his own shops for betting services. UK customers did not like betting a lot due to the 9% tax remitted on bets but Victor took charge of this by getting betting licenses from Gibraltar which made it possible for him to deliver his sports betting service free from UK tax. Through the years BetVictor has become a household name which is all through their commitment to technology and their will to have their customers satisfied all the time. At BetVictor you can bet on NFL, NBA, NHL, Cricket, Formula 1, rugby, golf, greyhounds, tennis and horse racing in a myriad of many more sports.

As a rookie at the bookie, you are up for a newbie’s sign up bonus worth £25. All you need to do is register a betting account with BetVictor and make a deposit which will be matched.

For the tennis fans, there is the “don’t hit the net” promo which is a money back bonus where you get your money back if one of your 5-fold lets you down. You need to place a five-fold bet on any tennis markets and if you make a loss of one, you will have your stake refunded of up to £50.

Saturdays from 10am to 11am is happy hour time at BetVictor. When you bet on football during this time, you will get 10 free spins to enjoy at the casino.

If you love betting on football, you will love the money back bonus dubbed back of the net. For you to qualify for the bonus, you need to bet on both teams to score market for 5 or more matches, in case one leg lets you down, you will have your money back up to £25.

With BetVictor, you can watch all horse races live from their website which makes live betting pretty easy for you. All UK and Irish Races are aired on their website and you can watch them from your PC or mobile.

Before going for any of the bonuses, you need to read through all the terms and conditions to make sure that you are capable of meeting all the terms and conditions set. This way, you are able to evaluate whether the bonus is worth your while or not.

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New signed bill that might boost sports betting handle in Nevada

New signed bill that might boost sports betting handle in Nevada

Two bills that were backed by the sports betting industry in Nevada could lead to growth in the $3.9 billion already being generated in wagers an annual basis in states were sports books were allowed by law signed by Gov. Brian Sandoval. The senate Bill 443 allows for the establishment of business companies to bet on race and sports. This new law permits investors to establish business ventures and share in profits and losses from wagers at Nevada sportsbooks.

In the Senat3 bill 445, Nevada sports books have been permitted to set the line to bets and oversee facilities that might be operated in other territories. These two bills were signed into law on Tuesday, 2nd June, 2015.

This is a move that holds Nevada as the core of sports betting in North America. This was picked from a statement addressed by the CG Technology counsel Quinton Singleton.

Singleton said to ESPN that sports-betting is in other territories but this puts Nevada on the map to becoming one of the highly regarded sports betting industries around the globe.

The CEO to CG technologies said that this new market will permit the company to grow their business and services. Experts estimated that the amount bettors spend on sports can grow by three times in the state over the coming 5 years which could be fuelled by sports-betting.

Components in the concept bill did not get legislative measure 2 years ago. On the other hand, they worked with the gaming regulators from the state it came to the wording that needed the entity to have all information disclosed on their sports books investors.

The state senator Greg Brower who was among the sponsors to the bill in the past 2 years said the bill components came up with assurance of support. He added that sports-betting was the next frontier for sports betting which is something similar to the games of skills in slot machines.

The bill points out that the entity has to be signed up with the Nevada Secretary of State and have a bank account in Nevada. The members to the entity needed to be 21 years of age and submit their personal identification, tax identities and Social Security Numbers.

The chairman to the Gaming control Board; A. G. Burnett in a statement said that there was not need to have new regulations towards sports betting  since it will be bookmakers who will decide on the bettor to be on their sites. The control board on the other hand has the authority to investigate and enforce powers over the bookies.

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Tips to make your betting better on MMA

Tips to make your betting better on MMA

Placing bets on Mixed Martial Arts (MMA) is fun but it will be worth your while if you are winning on your bets. In this post, I will furnish you with some of the most important tips that will enhance your MMA betting strategies.

The first thing you should do is checking on the prop bets. You should never overlook the prop bets as you look on the betting options available on an MMA fight. If you have good analytical skills towards MMA, you will be in a position to tell how a fight could end with regard to each of the fighter’s abilities.

The second thing should be steering clear of heavy favourites. One reason as to why you should stay clear from the heavies is because in MMA, each fighter has the chance of winning in the fight. In such a scenario, one successful punch by an underdog or a mistake by the favourite could cost you a lot. As you make a bet on a favourite, it is always a negative value bet.

Underdogs will usually lose less in the long run. This is a true tip that applies to all sports. The public will usually bet on the favourite and to go against the general public might make you a winner.

You need to know which fights to bet on and which ones not to. When you intend to make money from your betting, you need not bet on every match. Oddsmakers are accurate on almost all fights which leave no edge to take advantage of. If you think that the odds are accurate, it would be better to steer away from betting on the match. If you are doing the betting as a form of entertainment, then you can bet on all matches but keep your bankroll small.

Look for betting sites with the best lines, this way you will get the best odds and value for your money. Some of the sites we would recommend are William Hill, Betfair and Bet365. From these, you will always get good odds for the different MMA fights. This way, it will be possible for you to get the best returns for your bet.

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Paul Phua Walks Free in Illegal Sports Betting Case at Ceasars Palace in Las Vegas

Paul Phua Walks Free in Illegal Sports Betting Case at Ceasars Palace in Las Vegas

US gambling case towards Paul Phua Wei-Seng was done away with on Monday after most of the evidence against this businessman from Malaysia and high roller gambler was tossed out by a federal judge. This US District Judge, Andrew Gordon declared that most of the evidence obtained by the FBI for this case was not going to be used by the federal prosecutors. This is because they used subterfuge to acquire access to his hotel room and this went against the Fourth Amendment of the US constitution.

There were two different judges who made a ruling that this was the same case in a couple of decisions that dated back to January 2015. Prosecutors asked the evidence to be reinstated but the ruling made by Judge Gordon has tarnished their hopes. With the inadmissible bulk of evidence, the prosecutors did not have any choice but to set Paul Phua free.

July 2014, was when Paul Phua was arrested at Caesars Palace with other 6 Malaysian Men. This included Phua’s 22 year old son, Darren Phua. The attendants noticed suspicious activities in 3 suites and reported the incident to the management. The management later informed the Nevada Gaming Control Board. The agents from the Control Board coordinated with the FBI to carry out investigations and asked the hotel internet service providers to shut down the internet in these suites. Phua sought for assistance and FBI agents attended to the call guised as the technicians. After seeing what was going on, they obtained a search warrant and raided the suites arresting the men.

All 6 men were arrested and pleaded guilty in 5 cases which saw them deported back to Malaysia. Phua’s son reportedly pleaded guilty because he was said to have grown homesick for Malaysia. With the use of his Vegas based lawyers, Paul Phua won the case and his $2 million bail, his $48 million private jet and passport will be returned to him.

Paul Phua Career

Paul Phua is known as a high roller bettor in poker. Phua is said to be worth between $300 and $400 million. He is said to make his money in two ways. One way would be through his junket operations in Macau. In estimations it’s said that the junket operators made $200 billion per year in the peak years for Macau.

Another source of his wealth would be in an online sportsbook that he was said to operate in the earlier years of his career. About 5 years ago, he made his name as an astute bettor and  player in high stake cash games in Las Vegas. While at it, he became friends with some of the top players in the world.

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