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The Truth Behind The Free Casino Money Propaganda

Free casino money is one of the many attractions online gambling sites use to lure visitors and convert them into customers. And although it may seem like a shady transaction to new online gamblers, it is actually a normal scenario among these gaming sites. Usually, what happens is you’ll be asked to sign up your information and in some cases, make a small initial deposit, to be able to redeem the free casino money. The transaction differs from site to site. But usually, you can get as little as $100 to as much as a thousands of dollars on that first engagement. And then, you can use that to play the field and amass more virtual cash.

Online gambling sites choose to provide this not only to get people interested but also to motivate them to stay on the site. The way they see it, the more money a person has, the more he will be encouraged to spend it. And with the proposition that he’ll gain more bonuses by participation or endorsement, the chances of him availing would double and the site would have the chance to earn income through patronage, advertising and additional player investment.

So if you think about it, it’s not a scam per se but a clever way to promote online gambling site use. And it’s hardly that bad to try it out, considering you’d probably enjoy playing online poker or black jack on your spare time. If you are good, you can even add winnings to the list of benefits you stand to gain by trying things out. You will have to check with the sites terms and conditions first though to know how to withdraw the money. And to avoid getting addicted or being caught in bad transactions, you could just be more responsible about how you approach the activity and learn a few tips here and there.

One essential tip you have to keep in mind before registering to an online gambling site for free casino money is to check what they are offering. Typically, these types of portals provide you access to every game of chance known to man. But understandably, not all of them will be familiar to you. So only apply for membership if you know you will enjoy your affiliation and get to take advantage of it to the fullest. If you don’t want to waste your time browsing through the page of a gaming site, you could just narrow down your options by using search engines. They should lead you to websites that provide bonuses for games you actually like playing. You could also research on gaming site reviews so you’d be able to find out which sites offer what and how credible they are.

Why not make your gaming experience more convenient and affordable on your end? There’s no general rule that states everything you see online is not trustworthy. Sometimes, all you need is a discerning eye and a good background check to lead you to credible resources.

Casino Winning Withholding Tax Refund

Winning a huge sum in a casino feels great, but the inflation in balloon is lessened by the reduction in that volume due to the casino tax applicable on any person who is not native to that place or are non residents. Every state has a law governing the gaming, table games etc and the prize money involved in these games is liable to be taxed by the government. Same applies with the casino winnings. The casino winnings are applicable to be taxed as casino tax, which does play a spoil sport for many people. People do not find it just, that their winnings should be taxed under the casino tax and often demand a casino tax rebate or a tax refund. Obtaining a tax refund is though easier for the residents, this casino tax rebate is difficult to be obtained by the non residents.

As an example, any international resident is imposed with a 30% casino tax on the winnings in the United States of America as per Internal Revenue Service (IRS). This is a huge sum for anyone who has just won, and does set the mood off. But now, as the outrage against this casino tax is growing, so are coming up new means to help international residents to claim a casino tax rebate. And the relief is out for the Canadian citizens due to U.S. Canada Tax Treaty according to which the Canadian citizens can get back partial tax rebate or can get the entire sum they lost as the casino tax rebate back.

There are many agencies involved in providing this tax rebate such as refund management services. Apart from a web presence as http://www.refundmanagement.com/, RMS is based in Toronto, Ontario, with additional offices in Vancouver, British Columbia and Las Vegas, Nevada and their head office is located in Toronto. Not only do they help Canadian residents but also all other international visitors to the United States of America in gaining a tax rebate. Due to their services available online, they are able to help people seeking help in gaining a casino tax refund easily.

Being An Active Winner And Loser

Some people believe trading is like gambling. It’s not. In gambling game, you have to participate to lose and do absolutely nothing to stop losing. If after one bet you don’t put another bet on the table, you will not lose. There is also no way you’ll win. But, at that point (if you don’t place another bet), there will be no risk. Obviously, in trading it’s very different. You must participate to get in trade and you must participate (in other word do something) to cut your losses. If you do nothing, the possibility exists that your entire account can be wiped out. And even that won’t stop your losses if you still do nothing.

Although, at that point, your broker will most likely participate for you by getting you out of market. In gambling, you know exactly what your risk is and the game always ends before the next one starts. But in trading, you don’t know beforehand exactly what your risk is. (You may have an idea, but even with stop orders there is always the possibility of slippage.) But the real big difference between gambling and trading is the event never ends as the market keeps moving.

A good example of an active winner and loser might be a person playing blackjack at a casino. You must make conscious choice to play and risk your money. And when the game is over, the rules force you to be an active loser. If you want to play and risk your money again, you must place another bet. Without another bet, you can’t be a loser again. You must actively participate to lose and do nothing to stop losing, the exact opposite of trading.

This is why (in Trading) being an active winner and an active loser is so important. But because the event never ends, it’s easy not to be active winner or loser. There is always the possibility (no matter how slim) of the market coming back in any trade you are in. You don’t need to actively participate to get back your losses, you could simply stay with the trade and let the market come all the way and give you back your losses.

Because of this reality, there’s always a constant temptation not to cut your losses. Cutting losses for many traders is painful. So many choose to avoid the pain and not be an active loser. They simply think they are in a winning trade that is yet to show profit. Or we will look at only the evidence that says our position is right and ignore the rest of the evidence against that notion. These are obviously the traits of someone who is not an active winner and loser.

But being an active loser (as well as an active winner) is the only way to be successful. Again, the temptation to not cut your losses is always there. But it will do nothing but get you in trouble. Successful traders know that cutting your losses actively, before they get too large and unmanageable is the only way

Live Casino Misconceptions

Though online casinos opened only a couple of years back, they have gained immense popularity among the people. More and more people now prefer to play at a Live Casino because of the added advantages. However, in spite of the growing popularity, there are still some misconceptions about the phenomenon of online gambling.

One of the most common issues with any live casino online is that of security as when playing online players have to give a lot of personal information and sensitive data like phone numbers, addresses, bank details and credit card information. Because of this, many players feel that playing online is not safe. It is true that there have been some cases of frauds and scams but that does not mean online casinos are unsafe. Moreover, in the present day with advanced technology, the online casinos have become more secure. The only thing is that it is advisable to play reputable casinos which have proper registrations and licenses.

Also another misconception associated with online live casino gambling is that the games are mostly rigged to make the casinos win. This is not true. Most of the online casinos are properly registered and licensed. Moreover, contrary to what people usually think, rigging a computer system is not easy. Also the properly authorized online casinos undergo periodic checks. The fact is that if the games were truly rigged, then so many people would not have won the games and online casinos would not have become so popular.

Gambling is not an illegal activity and there are no laws which actually prohibit online gambling. It is true that there are several rules and regulations regarding gambling but most of it is to regulate the industry and to stop malpractices surrounding gambling. These laws usually vary from one state to another.

Gambling is a risk and loses are a part of the game. However, there are many people out there who claim to have gambling systems which can guarantee the player wins. This is not possible; there can be no system or strategy in gambling which can guarantee a win. Yes, there can surely be strategies which can increase the chances of winning but one must always remember in gambling luck also plays a significant role.

Last but not the least, some people have the misconception that only loners ad introverts enjoy gambling at a live casino online. But the fact is that gambling is extremely fun and most of the games include multiple players thus actually encouraging interaction and helping in socialization.

Online Casino Software Providers Reviewed

There are few activities that men engage in that captivate them and fully occupy their attention like gambling. The case with gambling is understandably so since it is not only fun, but there is great potential for money fast, as is there the risk of losing money faster. The risk is perhaps what makes it even more challenging and addictive. However, for many a gambler, accessing a casino is quite difficult every time they want to unwind, and everyone may not have weekly poker game buddies. It is no surprise that then people turn to online casinos, online poker and other games.

Unsurprisingly, online casinos have become booming businesses where profits run into millions of dollars. There are now several websites that offer online casino services. Online poker is particularly popular with the various kinds of online poker like Texas Hold ‘em, Omaha, and Seven Star stud, among others, seeing millions of dollars being wagered. In this situation, online casino software, especially, online poker software is very much in demand. As of 2008, Internet gambling was made popular by over 160 companies that offered services to set up online casinos with different software solutions. This figure has increased substantially since then.

The industry for providing online casino software is extremely competitive with many companies vying for getting a share of the ever expanding online gambling industry. While the products that most companies offer are very similar, each software has a style. Therefore the users of a particular software might not feel very comfortable using software that have been developed by other companies. Yet, the innovation and experimentation in this online casino software industry keeps the competition alive. The frontrunners in this industry are Playtech, Microgaming, Viaden Media (and it’s division Viaden Gaming in particular), Gamblingsoftware.com, Cryptologic, Boss Media and Orbis OpenBet, among others.

Playtech was founded in 1999. It develops online casino software, particularly for online poker, online bingo and online sports betting. Playtech’s gaming software has the requisite certifications from BMM International, who are major consultants for major gaming and regulatory bodies. Their poker software also supports a network of online poker games. This network called iPoker provides different kind of experiences for users despite being backed by the same kind of software. Big names in the online casino business like William Hill, Centrebet etc use Playtech’s software.

CryptoLogic, based in Dublin, has challenged the gaming software industry time and again by introducing new innovations like multiplayer games and 3D casino environments. They have also spearheaded campaigns for safeguarding their user’s interests by taking developing the E cash system which has increased internet security in terms of payments.

Gamblingsoftware.com has introduced innovations like casino games that do not need to be downloaded based on java. This means that user can use any computer to access their accounts and gamble. This online casino software has, in this way, increased the mobility of the online gambler. This innovation has since been adopted by many other companies. Other companies have also introduced innovations that have kept all the players in this market for online casino software in their toes.

Viaden Media is another big player on the casino software market. The company has a proven record of delivering quality innovative software solutions, captivating games and reliable gaming platforms. The company was the first to offer full-HD recizable games that enable the players to use the 100% of the screen space for a more engaging gaming experience. Among other distict features is the outstanding compatability with Mac OS that comes from the company’s vast expertise in the development of mobile gambling apps for iPhone, iPad and Ipod touch.

Get Us Tax Recovery On Casino Tax Through The Experts

Do you get into risk based entertainment and love gambling? No harm in that. We wish you huge winnings every time you step into a casino. However, you must keep in mind that you get to take home 30 percent less than what you won in the casino. It is mandated by the IRS that international visitors must pay a tax of 30% on their winnings. However, there are companies that can help you in US tax recovery for casino winnings. Casino tax pinches a lot and there are ways to recover the amount.

When it comes to recovering the tax for casino and other gambling winnings, it must be borne in mind that it is not applicable to the US citizens. The agreement between USA and Canada allows non-US citizens to get a refund of the taxes that they paid on their winnings. US tax recovery on casino and gambling winnings is rather easy when you go through someone who knows how to get this done. There are companies that help gamblers recover their casino tax that was withheld by the casino or some other gambling body.

So, how does the IRS calculate casino tax? It depends upon the total amount one won while gambling. The points that are taken into consideration are the amount of money won, the type of casino game or other gambling game played and also the ratio of the amount won to the amount that was betted. So, it is not a requirement that one has to pay 30 percent tax simply because some amount was won. In cases where the total amount betted exceeds the total amount won, there is no need to pay the tax. However, IRS should still be informed about the total income from winnings. The IRS then informs an individual about the tax to be paid (or not to be paid).

Even if someone wins a very small amount in gambling, he or she must inform the IRS. However, US tax recovery is possible if someone reports losses in gambling as itemized deduction in Form 1042-S. It is sometimes a complicated procedure to calculate casino tax and only experts should go ahead and do it. As an individual, it is one’s responsibility to inform the IRS whenever there is some amount won and then let the IRS decide whether any casino tax is payable or not.

If you have already paid a 30 percent casino tax on your gambling winnings and want a refund, then consult an expert. There are many companies that can help you in US tax recovery for casino winnings. Some of these companies offer you guaranteed return. If you don’t get a refund, they don’t charge a fee.

Let the experts help you in matters of US tax recovery for casino and other gambling gains. You can easily get a casino tax refund if you go through the right channels. There is professional help available to you and you must accept it with open arms. Go through the forums to know the happenings in the industry to keep yourself updated.

The Mobile Gambling Boom

Picture yourself the following situation: you are getting bored at a business meeting and you see a co-worker near you with his smartphone playing blackjack online. You watch him win a 20$ hand with real money on real bets. This could very well be the dream of the mobile gambling industry, a dream that a new white paper by research firm Juniper Research concludes has excellent chances of becoming a reality in the near future.

Juniper’s white paper projects that gross wagers via the mobile phone gambling platforms will most likely reach the incredible number of $48 billion in 5 years or so – combining casino games, betting on horse races, lottery and any other kind of gambling that can be done through the small screen of a mobile phone.

In many ways, the smartphone is in fact the perfect tool for gambling if of course, gambling revenue is a goal for any of us. If the United States laws against it can be changed or at least “worked around”, the smartphone will allow the user to gamble without any restrictions, anytime of the day, at the office, lunch break, 2 AM in the morning, anything goes. For those of us worried about our public image, gambling with the help of our little friend is the way to go as our identity remains immaculate.

Analyst Dr. Windsor Holden affirmed that the mobile gambling in the United States is restricted by the current federal gambling laws. However, the many barriers to bring mobile gambling to the US will be eliminated if the legislation currently introduced by Sen. Barney Frank and of course, passed out of committee to fruition, which Holden thinks it will. If it indeed does, it will open a new world of Internet gambling in the United States of America.

Holden stated that one of the most important drivers in this possible yet uncertain legalization of remote gambling is in fact the United States lotteries. Holden said that these state lotteries are having a very hard time at the moment selling tickets through the old fashioned way – via the traditional counter. He thinks that by adding other remote sales via mobile will help bringing some new business, especially youngsters who are familiar with online transactions. In England as well as other countries in Europe, lottery tickets can already be acquired through a mobile phone, which means that the technological support is already available.

To demonstrate the potential sales of the lottery, Holden said that China with its very successful VODone lottery, managed to gather more than 9 million registered users. In addition, other mobile lotteries are already making a bundle in Africa and Latin America which proves that if done properly, it can bring a nice profit without any real efforts.

All things considered, the recipe for success as far as mobile gambling is concerned has already been written, without solid feedback from many countries spread throughout the entire world, which means that in the near future mobile gambling will become a very important part in the lives of many of us that prefer to make a wager from time to time.

Online Casino Gambling Basics

Online casinos are now one of the most popular pastimes it is played by people of all ages. However, online casinos are not something new. It was only a couple of decade back that the first online casino had come up and with its popularity amongst people soon thousands began to mushroom. In the present day you can find thousands of online casinos which offer a variety of games to the players. Playing online is not only convenient but also very exciting and often in the excitement people forget to prepare properly before investing their money in the online casino games.

The rules of the games are more or less the same with very minor differences; however there are a few things one should know before playing in the online casinos to avoid losses. The rules in online casino games are fluid and keep changing from casino to casino and also between states. Therefore one of the basic rules when playing online is to go though the rules of the game once even if you know how to play the game.

When playing online the players have to part with many personal details and information like phone numbers, address, account number, credit card details, email etc. These are sensitive data and are always in the danger of being hacked. To avoid these problems, it is important to play in a casino which is safe and secure. Before giving your personal details and investing your money, make sure that the casino is properly registered and licensed. In most of the reputable sites you can find the information regarding their security is posted for the players to know. If it is not clearly explain, you can always call up the customer support for the information.

There are thousands of online casinos and often it becomes very difficult to choose a good one. An effective way to know which the good casinos are is by going through the players reviews. There are also certain sites where experts review the different casinos and point out their positive points and drawback. These sites give a comprehensive view about the different casinos.

Last but not the least, the present day most of the online casinos offer free games or trail games. Before investing your money it is advisable to try out the free games. This will give an idea about the quality of the game, the graphics and audio and if it is not satisfying then you can just try out some other casino.

Investing In Vice Stocks

Vice stocks or sin stocks are those stocks of companies whose business activities are traditionally regarded to be sinful or unacceptable in the society. As such gambling stocks, tobacco manufacturers stocks, and alcohol manufacturers stocks fall into this category. Most people like to invest in vice stocks because they consider them to be relatively “recession-proof”; that is, these companies do not experience huge downturns during hard economic times. Here is a description of the vice stocks.

Let’s start with gambling stocks. Currently, the gambling industry has recorded impressive growth, especially due to the evolution of the internet. Several cities around the world now have some form of legalized casino gambling. It is important to note that the gambling industry should not be viewed in the same vice mold as its tobacco and alcohol counterparts. Undeniably, the gambling industry is much more susceptible to economic hardships. In times of recession, most people will keep on feeding the gambling vice, but with strict budget.

The stocks of companies dealing in the manufacture of alcohol constitute another category of vice stocks. Smoking of cigarettes is legalized in many parts of the world. Besides its many negative health effects, the smoking of cigarettes is widely practiced because it is highly addictive in nature. Therefore, they are usually considered to be very resistant to recession.

The other category is the stocks of companies dealing with the production of alcohol. The brewing industry is growing at a fast pace, since many parts of the world lack strict laws to control the rate of consumption of alcohol. In times of economic recession, the consumption of alcohol generally reduces because of hardships that impair consumers’ ability to spend. Just like in cigarettes stocks, alcohol stocks return to their uptrend over the long term. This is because users return quickly to their vices when the hard economic times are over.

The other strongly emerging category of vice stocks is the lust industry. This industry has been thriving because of the spread of pornographic content through the internet. And, entry into this industry has relatively fewer restrictions. Nonetheless, this does not mean it is an easier market to penetrate.

In conclusion, it is of essence to point that vice as an industry is heterogeneous when it comes to the economic cycle. The gambling, alcohol, and tobacco industries do not experience massive fluctuations in times of economic hardships when compared to other industries.

Free Casino Bonus – An Incentive For The Interested Gambler

The casino business, like every other business, pursues constant profitability. With the constantly existing debate over the economic consequences of gambling, it has been a major practice by casinos to ensure that sufficient profit is evident in obtained revenue. Also, since profit can be better derived from increasing patronage, casinos always seek to increase the client base. It is therefore common to have particular gaming components which serve to increase the gambler’s interest and keep the new customer coming back. Casino bonuses are one of such gaming components.

Usually, casinos incorporate music entertainment and shows in the gaming environment. When compared to these however, casino bonuses have proven to be better at increasing customers and making more money. Most gamblers play by chance. While some show great skill in determining their winning chances in certain games, others completely lack this ability. For the latter, it is necessary to provide certain incentives to ensure that they do not leave the casinos discouraged, with no intention of returning.
Casino bonuses are special gambling features which are activated when the gambler satisfies certain criteria. These bonuses come in different forms. While some free sign-up bonuses are offered to new customers as a marketing strategy to ensure that they keep coming back, other players have to make initial minimum deposit, to be privy to bonuses. This serves as a form of commitment to justify the economics behind the casino’s investments. To better understand the concept of bonuses, it seems inherent to categorize them.

Bonus favourites
No-deposit bonuses are favourites in the casino world. A player wants the opportunity to have access to some gaming bonuses without making any initial deposit. This is the inspiration behind no-deposit bonuses. Here, there’s no need for the player to initially deposit any of his money. Casinos majorly apply this bonus to attract new customers.

Some casino bonuses exist which cannot be withdrawn in form of cash. These are called non-cashable bonuses. The difference between the player’s deposit and the non-cashable bonus usually shows up when the player cashes out.
Having stated all the above, it is important to note that most disputes recorded at casinos result from bonus misunderstandings. Some bonus abusers exist who use multiple accounts to repeatedly claim bonuses. This results in misunderstandings between the player and the casino management. Issues also arise when any casino establishment suddenly changes the terms for obtaining bonuses, annulling efforts made by a player based on previously existing bonus terms.

In the face of increasing economic uncertainty, casinos take advantage of the average gambler’s addiction and doggedness. With the ever attractive bonuses which serve to keep customers or make players spend more time, and resultantly, more money, it is expected that casinos will keep recording huge profits. The game house controls most of the odds and most gamblers lack the ability to identify this. Capitalizing on the advantage of free bonuses will definitely serve to keep the minds of the players off their inadequacies and on their hope, which is what every casino needs for good business.