How To Start Your Own Online Casino and Poker Gaming Business

Did you know that online gambling business is currently one of the fastest growing business categories in the world? The popularity of online gaming is increasing rapidly and this year has seen significant growth in Europe and Asia. In China and Malaysia, there are twice as many online gamers as there are Internet shoppers. Around 43% of Chinese Internet users play games online, while just 16% report that they shop online.

Revenues in online gaming business rose from only $800 million to over $2 billion in 1999! By year 2010, it is estimated that online gambling industry will top over $16 billion in revenues! London-based Merrill Lynch analyst Andrew Burnett says online gambling could generate more than $150 billion in revenues by 2015.

Until recently small entrepreneurs had no chance of getting into the gambling industry, because of huge capital investments, gaming license acquisitions and legal red tape. The internet eliminated all the obstacles. You can now own and promote your own online casino, sportsbook and multiplayer poker room gaming business and generate revenues you’ve only dreamt about.

There are 3 ways to start an online gaming business:

1) Most Expensive – Design and implement all gambling software for an online casino, sportsbook and multiplayer poker room which could cost you millions of US Dollars. You will also need to obtain a gaming license to run your online gaming business, which requires approval from most governments. However, you will have full control of your gambling site, and full knowledge of the source code of your gambling software. In addition, no royalties are paid out to a gambling software development company.

2) Average – Become a Licensee of an Online Gambling Software Provider. This is a far less expensive option to start an online gambling business and you will receive all the gambling software and sometimes even the equipment necessary. It is also the most popular option for both licensed land-based establishments as well as entrepreneurs. Costs range from $30,000 to $350,000. The average licensing fees are around $150,000 (this usually includes marketing costs). In most cases a royalty is paid to the gambling software provider as a percentage of the monthly “take” or “drop” (gross profit). Usually the gambling software provider has payment processing (merchant account providers) already set up for a fully turnkey operation.

3) Most Affordable – Become a Sublicensee of an existing Licensee. This is the least expensive option to start an online gambling business. Costs range from $5,000 to $60,000. The sublicensee is responsible for all the marketing and receives a smaller percentage than a full licensee (2), because royalties paid to the licensee are much higher.

To legally operate online gambling businesses, online casino and poker room owners turn to sovereign governments in countries that permit online gambling and duly issue licenses for gambling operations. The casinos and poker rooms are registered as offshore gambling operations and in turn, the respective countries gain significant licensing fees and tax-generated revenues.

Targeting Bingo Players to Grow Your Affiliate Gambling Business

The best online traffic is perfectly targeted traffic. By this I mean getting your advert or link directly in-front of your target niche instead of to the public at large. This much is obvious but how do you go about targeting potential bingo players? First we need to find out who really plays bingo.

Until now most people associated bingo with groups of old ladies at their local bingo hall, cup of tea and a biscuit in one hand and bingo card in the other. Today, bingo is played all across the world, online and in modern bingo halls – with players from every race logging on and having a go. It’s cheaper, faster and more exciting – with loads of huge jackpots and special prizes on offer around the clock and quick-fire games with lively enough chat rooms to keep everyone entertained.

Recent studies have shown that there are over 100 million bingo players worldwide, but roughly 80% of these players are actually women that are aged between 30 and 50 years old. The spare 20% are men of the same age range.

OK so we know who the bingo payers are so how do we target them? Most bingo players are stay at home parents, usually female and the game allows them to chat with new friends and have fun while still being able to keep an eye on the kids. This has lead to the social networking, forums, communities and chat rooms of a bingo site being seen as just as important as the big games and jackpots for many – and having ‘bingo buddies’ one of the biggest perks of the game.

So far so good so how do we draw them in, any ideas? Each bingo site online is different – with some catering to each bingo demographic individually (usually focussing on community spirit), while others use celebrity gossip, flirting and exclusive red-carpet offers and prizes to lure in the younger players – a percentage of bingo players that has sky-rocketed in recent years. In the UK, the proportion of players that are under 45 years of age has shot up from 46% to 62% in the last decade, with players between the ages of 18 and 24 now making up 700,000 of the 3.5 million players in Britain.

You can even take these niches further. Many newspapers also have set up their own online bingo division, so you can play with bingo players with similar political leanings to yourself and some high-street shops have even created their own bingo sideline – with cheeky bingo and interesting prizes offered by the bingo site of a certain high-street lingerie and toy chain (now closed). A classic example is Littlewoods bingo.

With 100 million bingo players out there you can afford to narrow your niches. The UK currently has over 80 bingo sites so each with their own niche games and chat rooms.

Promote Your Online Gambling Business With A Casino Advertising Company

Getting highest possible number of viewers and to make them aware of the opportunities and schemes of online casino is the ultimate goal of almost all gambling webmasters. This goal is a response of the importance of valuable internet marketing and casino promotions schemes.

The key role they have in the marketing of an online casino cannot be denied. The best way to handle the marketing and promotion of any gambling site is by hiring gambling advertising services of a casino advertising company.

Casino link building is a great way to create of a network of quality back links on the internet that will not only increase the online visibility of your gambling website but will also drive huge traffic to it. It is done through various methods like buying contextual links, buying text links, buying blog roll links, article or blog writing and paid banner advertising.

Buying casino links is a scheme that let you reserve links for your own gambling or casino site at a different gambling related site. In order to buy any kind of casino link, you just need to visit an online casino advertising agency and they will provide a detailed of casino, poker, bingo and other gambling sites on which you buy a link for your website.

Thus, your website will be getting a good traffic from the people who are interested especially in online gambling or casino sites. Buying gambling links is a great strategy that clearly concerns with those who have an online gambling or a casino site and also helps them in getting huge profits from their online gambling or casino business.

Buying contextual links in gambling related content on other popular gambling and gaming sites on the internet is a good casino promotion strategy. The articles written for the promotion of a particular gambling or casino site, and the posting, blogging and commenting related to any online casino site play a vital role in arousing interest among the readers and also encourage them to visit your website. And you can avail of these services by hiring a professional casino adverting company.

Prevent Trading From Turning Into Gambling

A common view of trading is that it’s the same as gambling.

While gambling itself can be harmless when done is small doses and for harmless excitement, it becomes a problem when it’s an addiction, and causes grievous harm to a person and/or other people involved.

As a result, gambling has negative social connotations.

The actual definition of gambling is:

“Betting or staking of something of value on the outcome of a game or event.”

Trading in essence is betting or staking something of value on the outcome of a trade, but the difference is that we can take trades that place the probability of winning in our favor.

Trading for profit is a skill, and should be approached as a business in order to turn a profit from the markets. When one is trading and gets caught up in the emotional highs and lows, it’s very difficult to keep composed and rational when making decisions.

While gambling is essentially a game of chance, we can turn trading into a business by placing the odds in our favor. Having a trading system that returns us a profit after a series of both winning and losing trades is literally the license to print money.

Of course, it’s easier said than done, but there are people who understand this and have mastered the art and science of trading for profits. And if someone in the world has done it, it means that we know it’s possible to make trading a business.

Trading and Casinos

Why do casino’s make so much money? They are involved in the gambling business, right?

They win because they’re the house, and they get to change the rules so that the games favor them. If you’re the casino, the more money being gambled at your tables, the more money you make at the end of the year.

The thing with trading is that you can put the odds on your side. That’s your trading edge.

If you look at an individual trade, essentially yes, the outcome is uncertain. But if you have a system that generates profit after a series of trades, are you still a gambler?

And the point is this, whether trading is gambling or not isn’t the main issue. It’s just a psychological trick that traders allow other people to play on them.

Thinking that trading = gambling isn’t going to help you become a more successful trader one bit. If you know you have no chance for success, then why even attempt it? Give it up, and find something better to do with your life. Unless you’re trading (or gambling) for the thrill of the highs and lows!

The best way to prevent trading from turning into gambling is to start treating it like a business. Don’t plunk your money into just any trade. Have a trade selection criteria, eg. if you have 10 trades that meet your trading set-up, take only those that have the best risk:reward ratio, for example.

Stop looking at hitting that home run with one trade, but look at the long term picture of what it’s most likely going to be after a series of trades, or after a length of time.

If you approach trading as you would starting a business, then it’s much easier to prevent trading from turning into gambling.

Poker Black Friday Revolutionized Online Gambling

There are many things that happen in the world of poker that changes the way that we look at the games as well as the way that we play the games. This happens from time to time and we can not stop the natural process that happens but there are also some events that can cause this to happen. One such event that has made us think differently about some gambling sites online includes the Poker Black Friday. This was an extensive event that has happened that has made several people think differently about playing poker online as well as making them actually scared to participate in certain websites events.

Even though it was not something that was done improperly or was considered illegal it has brought down some of the site gambling businesses. Poker Black Friday consisted of Department of Justices seizure on several website gambling sites as well as us poker sites. They have investigated these companies because they supposedly were breaking laws when running their websites. There have been a few seizures and a few companies brought in under charges. The Black Friday is creating a revolution in poker websites and will do so until they see that the business of running gambling websites meets their justice requirements and they would not stop until they see that every one of those gambling websites follow by their rules and regulations.

Even though these seizures have happened there is still a way for those individuals who want to play poker on a website to be able to continue playing on the internet. In order for them to play the safe way and not to see their favorite website being shut down they would want to make sure that they find a website that would follow the Department of Justices regulations against internet poker. By finding a website that follows these regulations a person would be able to enjoy the experience that is playing poker on a site.

When an individual is trying to find the perfect website online to gamble then they would want to make sure that they do their proper research so that they can find a website that would be legal to play under. A person would not want to deposit any money on a website just to have it taken away from them when the website shuts down. When researching to find a website you want to make sure that under your state and country regulations against gambling on the internet they should want to make sure that they are following the proper rules. If online gambling is not allowed in that area when money is exchanged on the internet then you would not want to sign up for a website that allows that. People make money online by gambling but in the end they would want to make sure that they are following the proper regulations. There are several web portals that have done this work for you. They have lists of US poker sites and what areas they accept players from. Most of these will even have reviews of the poker sites to show how reliable they are and the deposit and withdraw methods plus much more. Even with these sites, an individual should sure that they follow all the rules and the regulations.

The Popularity and Risks of Online Gambling

People have gambled from ancient times, like China and Rome, to the current day. You see gambling everywhere you go. People seem to enjoy their chance at lotto, sweepstakes, horse racing, poker, to name a few. If you are not in, you can not win. In today’s age of the computer, gambling has taken an added direction of being online. The method of online gambling is very popular but it can have some risks.

Here are two reasons on the Popularity of Online Gambling.

1. You can gamble from the comfort of your own home. All you need is a computer, an active internet connection and a credit card. You do not need to go out to a casino or the horse races, which is great if it is freezing outside. For casino type gambling all you have to do is open an account and try your luck.

2. Online gambling provides the same thrill and excitement as you get with traditional gambling. And it can provide every type of gambling there is.

For example:

a. betting on the National Basketball Association (NBA ) or Major League Baseball (MLB) or National Football League (NFL ) finals if you like sports. In fact for sports betting you should find a lot of professional tips to help you make a decision on which team to bet on.

b. horse racing

c. online casino websites where you can get a buzz from playing blackjack, roulette, poker or slot machines, if you are keen on casino type gambling. If you like poker, there are some online casinos that let you play poker against other online players. The good thing about this is that you can practise with virtual or fake money to get a feel of the card game first. That is the “try before you buy” thought.

Here are two Risks of Online Gambling

1. Losing a great amount of money: Online gambling is gambling and if you are not sensible then you could potentially lose lots of money. A good idea would be to set a limit of money you are prepared to lose.

2. Becoming Addicted: When you win, it feels great and the urge to bet more money is tempting. Therefore you need to pace yourself so you do not go deep into debt.

So when you are home on that wet Friday night and have the urge to gamble, online be sensible. Give yourself a limit of money you are prepared to lose and enjoy the adrenaline of your heart pumping faster as you watch that horse race, sports team or have that flutter at the roulette wheel. Just imagine you win… or your loss.

What Countries Allow Online Gambling

The world of internet gambling is strictly regulated and it is important to first be aware of what countries allow online gambling before you start. Online casinos have experienced a steady growth in popularity over the past few years, with more and more people registering with sites in order to enjoy their favorite casino games.

You will find a few countries around the world where this practice is legal and many of them house servers that are accessible to people residing in countries where it is not. This means that if you live in a country where gambling online is banned, you might still be able to play by dialing into a server that is hosted outside of your country.

The United States of America

It is true that more and more countries are realizing the benefits of legalizing internet gambling and are actively taking steps toward this. However, the law governing the prohibition of internet gambling in America is somewhat unclear. The estimate is that approximately 70 percent of US citizens make up the internet gambling population and suffer little consequences because of it. It may be that the situation is difficult to monitor and regulate because gambling online happens in the privacy of your home and not in the public eye.

Online Gambling Around The World

You can do a simple search online to find out what countries allow online gambling. The list below reflects a few of these where online gambling is legal:

New Zealand

Countries like Argentina, Mexico and a few Asian countries have all started the process of legalizing online gambling.

Enforcement and Regulation

Although the internet gambling industry is heavily regulated, experts admit that it is difficult to monitor because of its fairly anonymous nature. This poses a problem where online gambling is banned because it is virtually impossible to pinpoint players in the country who sign on from their homes. This begs the argument that why ban online gambling at all if it is so easily accessible and difficult to monitor? Regulation remains easier than prohibition in most cases and the trend seems to show that more and more countries are realizing this.

It is best to properly investigate what countries allow online gambling to ensure that you are on the right side of the law when enjoying your favorite casino games. This will also guarantee that you get to keep whatever winnings you make online.

How Online Gambling is Seen in the World

There are a lot of important reasons to recognize the state of online gambling in the world. Similarly, it can consume you plenty of time and money, for you will have to do an exhaustive inquiry about the topic. Knowing the advantages will differ from reason to reason, because it relies on your main objective. It is capable, for instance, of updating you on the latest about gambling, but your country not included. It is also capable, depending on the country’s pro or con provisions, in updating you where you can run into more gamblers. It is essential for you to know what’s new about the online gambling world, if you are declaring yourself to be a real online gambler.

General View of the Online Gambling World

The UIGEA (Unlawful Internet Gambling Enforcement Act), which is currently perhaps the worst and most glaring issue, will catch your attention when viewing the online gambling world in general. The issue really only pertains directly to the US. On the other hand, this act extends its fangs as well to the international community. Basically, UIGEA makes hard the task of transferring money to gambling sites through certain banking options. It has been valid, even though in a very unclear and ineffective way, as of 2007.

What’s the result? The closing down of online gambling sites since the stock market investments’ drastic reduction, the prohibition of a large number of players (particularly in the US) to play in online gambling sites, and having lesser places to gamble in for players in various countries. The effect of UIGEA, is seemingly, far beyond of certain US players being banned on online gambling. The community has also been affected by it in general and several sites has ended.

Specifying the Online Gambling World

You are most likely wondering what’s going-on in some countries, after a having an idea of what exactly is going on in the online gambling world. To make matters clear, the UIGEA has not stopped US players from gambling online. Truly, persistent activity exists since several US states do not prohibit people from it.

To make up for the strict measures employed by countries like the US are places that even encourage and use it as a shooting point for its prosperity. These places include Barbuda and Antigua, both in Caribbean. Online gambling has been booming on both places, for a long time already. In fact, there are many online casinos that have been licensed in Caribbean. This is because of their breezy transactions and low taxes.

Online gambling is not prohibited in several other countries along with Antigua and Barbuda. The following countries which allow this form of gambling are South Korea, Germany, Australia, and several other countries. Maybe they know its inherent potential to enhance the welfare of their countries.

Future of Online Gambling

A lot of debates about the stability of the industry have been created. The proof, nevertheless, of what is real and true already emphasizes it. In spite of the few obstructions it is now undergoing, online gambling will surely prosper and thrive. Should it come out of these trials, it will be an even stronger and more lucrative industry.

Online Gambling Versus Traditional Gambling

There are many different forms of gambling from betting at the horse races or for your favourite sports teams or trying your chance at a casino game. And with today’s age of the computer you can gamble online at any of the many online sporting or casino websites. So how does online gambling compare to traditional gambling.

For starters, online gambling can be done in the comfort of your own home providing you have a computer with an active internet connection and use of a credit or debit card. And so there is little or no travel involved. Traditional gambling requires travel to the gambling site. And many people have enjoyed a gambling opportunity at Las Vegas or Atlantic City or just at their local casino or race track.

Secondly, you have to join up with the gambling website you are interested which means filling in a form and is usually free. You do not have to join or fill in any of your details with traditional gambling.

Thirdly, you can concentrate completely on your online game because there are no noisy people, no cigarette smoke and no drunken people which could annoy you. You have the peace and quiet of your own home if you desire. However with traditional gambling you are around like minded people doing the same thing and this creates atmosphere. It is a chance to get out and socialise with friends and have an enjoyable outing.

Fourthly, as each online website is competing against each other then they offer bonuses in order to entice people to join their website. And the bonuses can be large depending on the amount of money you bid eg large amounts of money or free holiday somewhere.
Do you get bonuses at traditional gambling locations? No

Fifthly, with online gambling websites, you are not obliged to tip employees. In real casinos for example, you will be obliged to tip waiters, dealers and other employees for a better service. This however could vary between different countries.

Sixthly, the online casino gambling experience may even surpass the physical casino experience as they have very strict rules and regulations.

Lastly, on online gambling websites your money is safe in the account you set up as they have high security. This is as long as you have taken your own safety precautions with antispyware and antivirus protection installed on your computer and that you have joined a licensed and regulated online gambling website. With traditional gambling you could run the risk of your money being stolen, so you just need to look after your money carefully.

Online Gambling – How to Increase Your Chances of Winning

Gambling has been around for centuries. In fact, it is so prevalent in the society that it has been considered to be part of human culture. From ancient Romans, to ancient Chinese, to modern civilizations, gambling has indeed been a part of history. In fact, even some of the most famous monarchs are known to have gambled and some have also been addicted to it. Today, you will see that a lot of people from all over the world are now visiting the internet because of online gambling.

Online gambling is now one of the largest in the gambling industry. In fact, some online gambling websites are even larger than some of the major casinos in Las Vegas and Atlantic City. Because of the fact that online gambling is able to provide for all people from different parts of the world, online gambling became very popular.

With online gambling, you will be able to test out your luck right in the comforts of your own home.

When it comes to gambling, there is that age old question regarding gambling, which is how to win in it.

Basically, you have to remember that gambling is gambling. There is no guarantee that you will always win whenever you gamble. Whether it is online or offline, you will still experience losing. There may be theories on gambling, but you have to remember that even these theories will not claim to provide you with wins all the time. In fact, some theories even emphasize that you will experience losses.

You need to face the fact that whenever you gamble, you are always risking something in order to gain something. However, in gambling, you will see that there are strategies on how to increase your chances of winning and minimize losses.

By following these tips, you can be sure that you will be able to enjoy gambling more, and minimize risk of losing a lot of money.

First of all, you should never set an amount that you should win in a single day of gambling. Instead, you should set an amount of money that you should bet. And, it is very important that you should never ever set an amount of money to bet that you cannot afford to lose. Keep in mind that a lot of people have plunge deeper in to debt because of doing so. Some weren’t even addicted to gambling.

Treat gambling as a form of entertainment. In fact, gambling is a lot of fun and very exciting. However, you should never treat gambling as a way to earn money. Just gamble for fun and any wins you get, treat it as a bonus and buy something nice, such as getting a new shirt or getting a new pair of shoes. However, if you lose, then don’t take it seriously. You just lost something that you can afford to lose and can gain back later in your next salary.