Thursday, September 30, 2010

Security About Online Gambling



Nowadays, the first thing that gamblers worry when they want bet through online is the security of online gambling problem. They always wonder that their credit or private information will been used or hacked. However, most of websites now are using 128-bit SSL digital encryption to ensure that all the transaction of accounts is safety. It can help to keep all customers’ information into private and given high protection to avoid being hacked.

Besides of SSL, VeriSign identity Protection (VIP) can help website operators to save money through the investigation of account takeover. Furthermore, it can increase the level of banking security and fine tuned for mobile gaming application.
Not only that, there are three elements that gamblers need to know about the security of online gambling. For example, licensing, reputable software and certified payouts.

Licensing

Before gamblers want bet through online, they need to research about the casino background whether it has a legal licenses or not. If it dun has any license, this mean that it is illegal and gamblers should not play at there.
Reputable Software.

It is always need for gamblers to know that whether the website is run from a big provider or not. For exmple, RTG, Boss Media, Iglobal Media and others.

Certified Payouts

Gamblers always need to check the reports of winning or losing to ensure it is recorded correctly. The independent accounting firm “PriceWaterHouseCoopers” can help this problem as well.

References:

Casino Top10, “Online Gambling Security”, Viewed 25 September 2010, http://www.casinotop10.net/security-and-online-gambling-552.shtml

Online Gambling Spotlight, “Better Security For Online Gambling Sites”, Viewed 25 September 2010, http://onlinecasinospotlight.com/2010/08/better-security-for-online-gaming-sites/

Challenges Of Online Gambling System

• high cost to set up online gambling system such as online gambling software

• expensive legal license need to purchase

• require professional skill person to control complicated system to avoid risky system

• government have authority to ban online gambling website in some country

• higher maintenance fees to keep up-to-date and prevent virus access to the gambling system

• system break down also one of the big challenge

COMPARING ONLINE GAMBLING SITES WITH LOCAL BOOKIES

Normally, it is a difficult choice to gambler between online gambling and bookie. Actually, it is safer for gambler to bet online rather than bookie.

Definition Online gambling

Online gambling is gamblers bet through online website that has a license; it is legal to place bet in some country. The different for online gambling with bookies is that the gambler must deposit cash to create an online account and the transaction is directly debit or credit in the online gambling account. It is more safety at all. Furthermore, it also considered as a big and organized businesses that employ workers and pay licensing fees to take bets. Gamblers do not need to worry about the security or other problems because the website normally displays membership in online watchdog agencies. So, they are in a safety situation to bet as well.

Gamblers are not encourages to bet through the bookie that they don’t trust or the one with bad reputation. In conclusion, betting online is more profitable than local bookies. It will become a trustworthy gambling operation to gamblers in the long term.

DISADVANTAGES TO USERS OF ONLINE GAMBLING

If A person who has no self control over the online gambling, it can be disastrous till he or she finishes all the winning, start chasing their losses betting bigger and bigger in the hope to win back all they have lost in one hand. Besides that, personal savings and income are squandered; money is taken from other economic uses, investment, and charities. About the poverty is reinforced because poorer gamblers take higher risks in the hopes of a big win. However, addictive gamblers often resort to stealing, theft, robbery, embezzlement, and similar crimes to get cash, that their lives and their families suffer as a result. Sometimes, there maybe have the problem of downloading gambling software is that there is chances that there is a virus that may also affect one's computer. At last, every site has different policies as to withdrawal amounts and time frames, however when it comes time to withdrawal the funds, the process can be a bit more time consuming

The Ways To Avoid Online Gambling Scams

For the gamblers who like bet through online, it has happened many case that gamblers been scammed. So, they need to do a few steps before they want to make a deposit. First, they need to choose the website which is legal. They can go do research about the website and only sign up the sites which are on reputable. If they cannot find any reliable information that related the website, it means that the website cannot be trusted. Second, before gamblers sign up any website, they need to ensure that they have available anti-spyware or virus protection. Furthermore, scammers usually send the emails for asking the gamblers’ private information, it should be ignored and gamblers should not simply disclose their own information. Besides that, if gamblers want to update or changes their information, they should do it from the main site. Lastly is, gambler should not make a loan to other gamblers. It is because although some of them start to make conversations with you just because want to gain your trust. Gamblers should always need to identify what is real or fake to avoid being scammed.

Advantages Local Bookies

However, bookies now are popular in society nowadays. They usually distributed in pool halls, restaurants, and some community centers like parks. . For the illegal bookies is that the gambler can betting in advance to the bookies through phone call or illegal websites. So, the local bookies do not need to waste a big amount to buy a license. They just need to refer to the website and start to do the business themselves. Normally, local bookies receive money or payment was making once a week through bank in or face to face to gamblers. Gamblers like bet through local bookies because they are able to pay them on a win and provide good quality service to attract them back to continue their bet. The main point that gamblers like to bet through local bookies is, although they lose finish the credit; they can call the bookies to add up credit without deposit any cash at that time. This means that they still have the chance to win back. Of course, it can be a point of advantages of disadvantages as well.

Problems To local bookies

The problems with some local bookies are they usually give a big credit amount for gamblers to bet. Gamblers always feel relaxed about the credit that bookie given and simply bet without control. It is just like they dig a hole and jump into it themselves. If the gamblers do no have enough cash to pay for it, bookies will start go give a loan to them. Then gamblers will step deeper and deeper. At last they will go for a bankruptcy. If the gamblers do not have the money to pay their bookie, they will send some tough guys to collect the bad debts as well.
It is because some of the bookie always lost their faith when their down line gamblers win a big amount from them. They may start to act missing or close their headphone so their down line cannot find them. Some of them even worse, they may start to threat their down line that they should not ask money from them. If not they will get the punishment.

The Ways To Avoid Bookies’ Scammer

Gamblers should always careful when they bet through local bookies to avoid by getting scammed. They always need to know about the local bookies is enough faith or not. For example, they can ask through their friend about the bookies. However, a bookie that has been working for many years usuallt has a good reputation, it is reasonably sure that they are good businessmen and gamblers can consider bet through this type local bookie as well.

Similarites Of Online Gambling With Local Bookies

The similarities of both issues are can bring more convenient to the gambler which they no need go to the real casino place or legal bookies company. They also can save the time playing online gambling or avoid traffic jam when they feel want to play online gambling and betting through bookies.

References:

Sports Betting, Corner Bookie or Online Sportsbook, viewed at 22 September 2010,
http://www.ehow.com/how_5096962_bet-online-vs-local-bookmakers.html

Frank Belanger, Bookie Buster, How To earn more money, viewed at 22 September 2010,
http://www.golden-systems.com/

Sport Betting, Corner Bookie Or Online Sports book, viewed at 22 September 2010, http://www.sportsbetting3.com/corner_bookie_online_sportsbook.php
Ezine Articles, The Advantages Of Online Gambling, viewed at 22 September 2010, http://ezinearticles.com/?The-Advantages-of-Online-Gambling&id=99468
Peter Portero, Ezine Articles, 5 Benefit of Online Gambling, viewed at 22 September 2010, http://ezinearticles.com/?Five-Benefits-of-Online-Gambling&id=166103

Allen Moody, About.com, Dealing With Local Bookies, viewed at 22 September 2010, http://sportsgambling.about.com/od/experiencedbettorsonly/a/localbooks.html
SBGGlobal.com Online Sports Book Advantages, viewed at 22 September 2010, http://www.sbgglobal.com/sportsbook/online-sportsbook-advantages
Fight Identity Theft, Avoid Fraud And Scams, viewed at 22 September 2010, http://www.fightidentitytheft.com/sucker.html

How does online gambling work?

As with most online gambling let you play for real money, and most of them usually offer promotions such as free bets, cash backs, betting vouchers, let you play for free with fake money, to attract new customers and encourage their existing customers to continue using their services to place their bets with real money.

In order to place a bet with online gambling, gamblers will first have to create an account with the online gambling company of their choice. The company using Payments and Deposits methods are usually carried out through Credit Cards or online transaction facilities such as PayPal, Click2Pay, e-Check, e Wallet. Once the account has been creating or activated, gamblers will have to log in with own username and password to access all the listings of the various sports and casino betting events available. In the some cases gamblers can easily by chips with a credit card, just by typing the card holder number into the form on the casino site. That's if the bank does not block online gaming transactions.

About the odds for sporting events, it is published by the bookmakers. It always depends on what situation and change the odds directly. For example, if more people are betting with their favourite team. Then the odds will change lower. Therefore, it can try pulling some of the crowd to bet on the underdog for reducing the returns on the favourites as well.

There are hundreds of online gambling companies but almost all of them are based on one of a dozen or so software platforms (e.g., Microgaming, Playtech, Real Time Gaming). Most of the online gambling company provides their special software for the gamblers to download and to play the games or play the Flash versions right in the web browser. Some of the companies have a good selection of play-in-browser games, and gamblers can play for free without risking any actual money.


References:
Sarah H, Ezine Articles, How Does Online Betting Work, viewed at 19 September 2010,
http://ezinearticles.com/?How-Does-Online-Sports-Betting-Work?&id=1967030

Ed Grabianowski, A Discovery Company, How Online Gambling Work, viewed at 19 September 2010,
http://entertainment.howstuffworks.com/online-gambling.htm
Bet Australia, How Does Online Betting Work, viewed at 19 September 2010,
http://www.bet-au.com/betting-explained/how-does-online-betting-work/

Online Betting.me.uk, How Does Sports Betting Work, viewed at 19 September 2010,
http://www.online-betting.me.uk/articles/how-does-sports-betting-work.html

Saturday, September 25, 2010

LEGALITY OF ONLINE GAMBLING IN DIFFERENT COUNTRIES

Internet gambling is a growing industry. The legality of online gambling is a complicated issue, as it depends on the player's location. Some countries do not have specific online gambling laws and some do not care. However, some countries regulate or encourage online gambling and some jurisdictions to ban online gambling.

Before the 1990s, people in the United States who want to place bet or gamble basically have two choices. They could travel to legitimate gaming establishment or place an illegal bet through a bookmaker. The emergence of the internet in the mid 1990s changes the gambling world. New form of gambling appeared such as online game casinos and sports wagering. Internet gambling can take place on any electronic device that offers Internet access anywhere on the globe.

Both federal and state laws apply to Internet gambling in the United States. Wire Act is the federal statute that has been used to prosecute federal Internet gambling cases while Travel Act and the Illegal Gambling Business Acthave been used to prosecute gambling entities international bets over the telephone and internet gambling activity. Like the United States, other countries have enacted laws that explicitly prohibit internet gambling under certain conditions or rely on existing laws to prosecute their activities.

In Australia, the government passed the Interactive Gambling Act (IGA) on 28 June 2001 and is an odd legal position in Australia. It is not an illegal for Australian citizen to play poker room or online casino. Besides that, many state government licensed sports betting online in business, such as Centrebet, Sportingbet and Betfair. It seems that unconcerned by threat of prosecution and cannot be prosecuted in Australia.

In Hong Kong, gambling is illegal unless specifically permitted under the Gambling Ordinance. The ordinance permits several forms of gambling such as pari-mutuel betting and lotteries. Offshore gambling including internet gambling is voted to ban by Hong Kong Legislative Council. This legislation criminalizes both offshore betting and bookmaking. The passage of the 2002 Amendment gave the Hong Kong Jockey Club complete control of the gaming market. The club solicits pari-mutuel bets from around the world and operates weekly government lottery. However, Hong Kong law provides criminal penalties for any offshore gambling agent promote or advertise their gaming activities. Financial institutions such as banks and credit card companies based in Hong Kong are also prohibited from processing betting transactions to prevent their residents from placing internet bets using credit cards or similar means of payments.

In our country Malaysia, all forms of sports betting are against our country law except horse racing. Placing wagers on horse races is allowed only on certain tracks and is strictly regulated by the Malaysian Racing Association. In the other hand, Malaysia is prohibiting with the online gambling and there are no legal Malaysian sportsbooks or bookmakers operated in our country. The government does not give the licenses to open internet gambling sites in the country. Recently, Ascot Sports Sdn Bhd submit a proposals to the government to issue out the football betting license but this proposals was reject by the government after Umno supreme council meeting. Besides that, the proposal is also been cancelled due to huge objection by opposition political parties and our country residents. It is because they want to avoid losing tax revenue of over $1 billion every year. However, there are still a lot of underground and black market sports betting in our country. Even though, Malaysia government restrict online gambling in country but Malaysian players still can access to the foreign internet gambling sites. This is the most difficulties issue for the Malaysia government to solve the annoyance problem.

References:

Gambleaware.co.uk @2007~2010, Gaming Zion, Sports Betting In Malaysia, viewed at 19 September 2010, http://gamingzion.com/sportsbook/malaysia/

The Times Of India, Malaysia Drop Plan to Legalize Sports Betting Amid Protects, viewed at 19 September 2010, http://timesofindia.indiatimes.com/world/rest-of-world/Malaysia-drops-plan-to-legalize-sports-betting-amid-protests/articleshow/6094007.cms

Start Casino.com, Online Betting Legal Issues, viewed at 19 September 2010, http://www.startcasino.com/legal.php3

Humphrey.C, Australia Online Gambling, Viewed 18 September 2010, http://www.gambling-law-us.com/Articles-Notes/online-gambling-australia.htm

The Internet’s Most Comprehensive Online Gambling Destination, Viewed at 19 2010, http://www.online-casinos.com/beginnersguide/faq3.asp

Micheal Bluejay, VegasClick.com, Is online gambling legal in U.S, viewed 19 September 2010, http://vegasclick.com/online/legal.html

Gambling Plant.org, Legality, viewed at 19 September 2010, http://www.gamblingplanet.org/legality_main.php

MARKETING TECHNIQUES USED BY ONLINE GAMBLING SITES

At the moment, many people in the world still doubtful to gamble online. In order for the gambling website to attract more customers, the company need offer more benefit and give confidential to customer to join their online gambling website. The most important thing is to make security playing in online gambling. In turn to be sure that the online gambling is safe to play in, ensure that the gambling site is registered and approved by the e-Commerce Online Gambling Regulation and Assurance organization. The customer privacy were fully secure and must not disclose to the third party especially any transaction was involved.

Furthermore, gamblers can access the website 24 hours a day. It is impossible that local bookies can provide this function. Not only that, gamblers can just simply click at any sports at any times without calling their bookies. The odds in the website is more accurately than the odds that given by bookie.

For those who do not really know experience of online gambling, there are many “test-run” games for gamblers before they make a deposit. So, gamblers can choose which games is more interest and suit them personally.

Besides that, different kinds of online bonus offer to the gamblers. These kinds of online gambling bonuses are called “Welcome Bonus” or “New Player Bonus”, which mean that gamblers can gain double amount they deposited one. Another bonus is loyalty bonus, this kind of bonus is offered to those gamblers who have been bet for the huge amount and associated long term relationship in online gambling. However, players can direct become higher VIP status to get more extra percentage on the deposited amount. The VIP also can collect gambling point depend on the gambling amount to redemption such as travelling flight ticket or free accommodation.

In addition, design web pages for online gambling website provide almost real like facilities and environment like music, lights, graphics and sound effects to attract more new customer and remain existing customer.

References:

About Online Casino Comps, Viewed 18 September 2010, http://www.betterbettingonline.com/best_bonuses.html

Online Gambling Insider, Online gambling Advantages, viewed at 18 September 2010, http://www.online-gambling-insider.com/online-gambling/ogi-online-gambling-advantages.html

Betting Online, About Casino Coms, viewed at 18 September 2010, http://www.betterbettingonline.com/best_bonuses.html

Thursday, September 23, 2010

Objectives+ Outline

  • At first, we want to know how online gambling work.
  • Second, is the advantages and disadvantages of online gambling versus local bookies
  • Third, how online gambling can attract customers to bet through website.
  • Forth,is all the country allow online gambling?It is about legality in different country.
  • Fifth, is the security and the challenges of online gambling system.


Ngu + Ngui Blog Outline
1.0 Introduction of online gambling
Today, gambling becomes a massive industry worldwide. Because of more and more people using internet, it make the online gambling become more popular at all. Online gambling is expected to grow rapidly in the worldwide and even faster in the future.
2.0 How Does Online Gambling Work
3.0 Comparing Online Gambling Sites With Local Bookies
      3.1 Definition Online Gambling
      3.2 Disadvantages To Users Of Online Gambling
      3.3 The Ways To Avoid Online Gambling Scams
      3.4 Advantages Local Bookies
      3.5 Problems To Local Bookies
       3.6 The Ways To Avoid Bookies’ Scammer
       3.7 Similarities Of Online Gambling With Local Bookies
4.0 Process of Online gambling
5.0 History Chat With local bookie
4.0 Challenges Of Online Gambling System
6.0 Security About Online Gambling
        6.1 Licensing
        6.2 Reputable Software
        6.3 Certified Payouts
7.0 Legality Of Online Gambling In Different Countries
8.0 Marketing Techniques Used By Online Gambling Sites


    Thursday, September 16, 2010

    Introduction of online gambling

    Introduction of online gambling

    Online gambling start in about 1990s, till now online gambling community has become a major slice of the gambling pie. Today, gambling become a massive industry worldwide. Other than that, with the increasing the number of people who usually use internet, online banking, online transfer, email, it causes internet online gambling become more popular. The gambling websites are paving the way for the hundreds that exist in the internet. About the earlier operators, they included Sportsbook, Online Casino and others. Untill now, it has over 2500 sites which are offering about online gambling in several of country. After 2005 years, there are more than 100 casinos that use microgaming software that company sells license to host their own online casino. Therefore, microgaming can earn percentage of profit of casinos which are using this software. There are a lot of online gambling website. For example, www.pokerstars.com, www.888.com, www.ibc123.com, www.sbobet.com and others.

    Gambling industry is growing rapidly in the worldwide and expects it to grow even faster in the future. There are more and more people finding it enjoyable to sit in front of a computer screen and people who appreciate the convenience and ease of gambling online. In general, there are two kinds of online gambling which is online casino gambling and online sport gambling. The first is online casino gambling are the particular casino interesting even to the best game of slots, texas hold’em, roulette, craps, blackjack, baccarat or poker. Besides that, online sport gambling included basketball, football, badminton, tennis, motorsports or cricket. The online gambling not a brick and mortar gambling we'll be confronted with a list of sites to play, at the game we find most interesting.





















    References:

    The Wizard Of Odds, Introduction To Online Gambling,viewed at 21 September 2010,
    http://wizardofodds.com/software/basics.html

    Fair Online Gambling, Introduction to Online Gambling, viewed at 21 September 2010,
    http://www.fair-online-gambling.com/casino/fog-introduction-to-online-gambling.html

    Best Casino Reviews 2002~2009, Introduction to Online Casino, viewed at 21 September 2010,
    http://www.best-online-casino-reviews.com/about-online-casinos.html

    Jackpot.co.uk, Online Casino Introduction, viewed at 21 September 2010,
    http://www.jackpot.co.uk/introduction-online-casinos.php