The UK Betting and Gaming Council (BGC) is asking football clubs to refrain from discussing and promoting gambling on their social media sites in as part of an effort to avoid triggering problem gamblers. It’s move that may seem extreme to the layman, but will likely help keep UK gambling operators a step ahead of UK gambling regulators.
Guidelines for how football clubs should handle discussions of gambling were sent out by the BGC late last week and utilize a plea from 50 former gambling addicts to make the case. They pointed out that seeing their favorite club site promoting gambling caused them “distress” and “encouraged” them to place wagers.
As an effort to avoid these triggering moments, the BGC is recommending that football clubs refrain from promoting gambling operators or bonus offers and their “organic tweets”. This is a nod to the reality that gambling offers are ubiquitous on social media and that no one is really more than a click or two away from them on the internet anyways.
BGC officials sent a letter detailing the new code of conduct to 11 football clubs, as well as to social media operators.
In a statement reported on by SBC News, Brigid Simmonds OBE, Chairman of the BGC described the importance of the new standards saying, “Our members rightly have a zero tolerance approach to gambling by under-18s, so as an industry we are understandably concerned that children may be exposed to betting adverts on social media platforms. Our new guidelines make clear the standards expected of football clubs when they post gambling promotions on social media, and I look forward to them being put into practice as soon as possible.”
The BGC guidelines are not legally binding, but members of the BGC who wish to remain in good standing are expected to abide by them.
The post BGC ices gambling talk on football social media sites appeared first on .
The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.
คาสิโน ออนไลน์ ได้เงินจริง
In what is thought to be the first sign that Caesars is planning for a live World Series of Poker festival in 2021, the operator has put on a new free-to-enter sweepstakes promotion, the Ultimate Poker Champion Experience.
Running from February 15 through April 30, 2021, the contest offers anyone in the United States a once-in-a-lifetime opportunity to be a part of the WSOP Main Event. One lucky person will not only get their entry into the Main Event paid in full, but they will also be treated to an elite experience during their stay. To enter, all you have to do is fill out the form.
With the coronavirus pandemic still causing mass disruption to live events and travel in the United States and around the world, the WSOP has yet to announce any schedule or plan for this year’s series. There is no information around the main event, for which the promotion is centered around.
The Normal Ramp Up to the WSOP
The WSOP is poker’s biggest event of the year. Tens of thousands of players descend on the Rio All-Suite Hotel & Casino in Las Vegas for more than six weeks of poker. Action culminates in the $10,000 Main Event, the most prestigious tournament in the game. The winner is crowned the year’s champion, poker’s highest accolade.
However, last year, due to the coronavirus, the regular World Series of Poker 2020 was canceled for the first time in its 51-year history.
In its place was an online series held half in the United States—on the official WSOP Nevada and WSOP NJ online poker rooms—and half outside the US on global online poker room GGPoker.
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In the winter, WSOP and GGPoker joined forces again for a hybrid online-live Main Event where players competed in tournaments online, then met for a live final table. The two winners of these met in a special heads-up match in Las Vegas.
Normally by now, organization and marketing are in full flow. Online satellites are underway on official WSOP sites as well as partners internationally. Schedules are revealed, packages are offered and promotions are spread.
However, nothing has yet been revealed for this year—understandable, given how no one knows how the next few months will unfold. That makes this promotion even more intriguing.
Sweepstakes Package Details
The winner of the sweepstakes promotion will win entry into the $10,000 buy-in 2021 WSOP Main Event.
As noted, normally this is a multi-day tournament held live in the Rio; last year, it was mostly online. What it will be this year is unknown. The implication, however, is that Caesars wants to run this live in Las Vegas, given the other parts of the prize package.
The winner and their guest will be flown to Las Vegas from anywhere in the continental United States. Once in the city, they will be treated to a dinner for two at a Celebrity Chef restaurant, a three night stay in a suite at Caesars Palace, a whisky and cigar night at the hotel’s Montecristo Cigar Bar, and $1,000 in spending money.
The total prize package, including all the extra goodies, is worth $14,000.
Approximate Value (USD)
$10,000 Seat to 2021 WSOP Main Event
3-night stay in a Suite at Caesars Palace
Round-trip airfare for two (from continental US)
$1,000 VISA Gift Card
Whisky and cigars at Montecristo Cigar Bar
Dinner for two at Celebrity Chef’s restaurant
Hotel Stay at the Rio, a Hint of the WSOP Finally Moving?
Curiously, the stay is only for a three nights—which would normally not be long enough for a deep run of the WSOP Main Event. Last year, the tournament was spread over two weeks, with three Day 1s and two Day 2s then a Day 3, Day 4, and final table, with breaks gaps in-between.
Also of note, the hotel stay is in Caesars Palace, not the Rio. Whether this suggests an anticipated location move or not remains to be seen. The Rio was sold back in 2019 though Caesars agreed to manage the property for two years.
The 2020 event was scheduled to take place in the Rio, and the live Main event did go ahead in its convention center. However, no announcement has been made for the 2021 series—and with Caesars potentially coming to the end of its management contract, this could well be the first indication that WSOP plans to move it to another Caesars location in Las Vegas.
How to Enter the WSOP Ultimate Poker Champion Sweepstakes Promo
If you are a United States resident, just fill out this form. That’s it! You can read below for more details.
The contest is open to anyone over 21 years of age, with the exception of employees and family of Caesars Interactive Entertainment, Inc or Caesars Entertainment Services, LLC. The offer is only valid in the continental United States and void where prohibited.
Entries are open until midnight on April 30, 2021 and the winner will be randomly chosen on May 6, 2021 from all the entries received prior to the closing date.
In the event that the winner does not meet eligibility requirements, up to 5 alternate draws will be made to choose a winner. If no eligible winner is selected after the maximum 5 alternate draws, the prize will remain unawarded.
Prizes are non-transferable, and not subject to change except at the discretion of the contest Administrator. The Administrator reserves the right to substitute a prize of equal or greater value if the above prizes are not available for any reason, and winners are responsible for all taxes and fees which may be associated with receiving or using the prize. There is no cash equivalent for this prize.
The dates for the prize will be set once the Main Event is scheduled, but the trip must be taken before December 31, 2021. This gives the organizers a wide window to schedule the WSOP 2021 Main Event—whatever form it takes.
Starting from 16th February to 28th February, PokerBaazi will be hosting the Daily Cash Smash! 13 Days, daily leaderboards and prize pool of INR 21.45 Lakhs! The players can grind any of the three (NLHE/PLO-4/PLO-5) cash tables and all the chips won from the leaderboards will be withdrawable (separate for all three variants)!
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It’s time to grind again on PokerBaazi, but this time, it’s going to have to be on the cash felts! Head over to the link below for more information about the Daily Cash Smash 2.0 and Leaderboards
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แชมเปียนส์ลีกปี 2020-21 ซึ่งได้รับผลกระทบอย่างหนักจากการแพร่ระบาดของไวรัสโควิด -19 กำลังเข้าสู่ช่วงน็อคเอาต์ แม้ว่าการระบาดของโรคทั่วโลกจะยังคงเกิดขึ้นในการแข่งขันระดับสโมสรอาชีพที่ใหญ่ที่สุดในโลก แต่แนวคิดในการรักษาสถานะสโมสรชั้นนำของยุโรปถือเป็นก้าวที่น่าตื่นเต้น อย่างไรก็ตามยังคงต้องเห็นว่าผู้ชมน้อยลงหรือสนามกีฬาว่างเปล่าส่งผลต่อเกมเหล่านั้นอย่างไร รอบชิงชนะเลิศแชมเปี้ยนส์ลีกปี 2020-21 จะสิ้นสุดการแข่งขันในวันที่ 29 พฤษภาคมที่ Ataturk Olympic Stadium ของอิสตันบูล นี่คือทุกสิ่งที่คุณจำเป็นต้องรู้เกี่ยวกับแชมเปี้ยนส์ลีกปี 2020-21 ซึ่งรวมถึงวันที่เวลาช่องทีวีและตัวเลือกการสตรีม: เพิ่มเติม: ชมเกม Champions League ที่เลือกถ่ายทอดสดด้วย fuboTV (ทดลองใช้ฟรี 7 วัน) วิธีดูเกม Champions League ที่ USAThe ทีวีลีกแชมเปียนส์ลีกและสตรีมมิ่งเป็นเรื่องที่สับสนเล็กน้อยเริ่มต้นด้วยรอบ 16: มีเพียงสองเกมจากแต่ละขาแรกและขาที่สองเท่านั้นที่จะสามารถรับชมเคเบิลได้ (CBS Sports Network) การแข่งขันขั้นที่สองยังไม่ได้ตัดสินใจ อย่างไรก็ตามเฉพาะเกมที่ปรากฏบน CBSSN เท่านั้นที่สามารถสตรีมบน fuboTV ซึ่งให้ทดลองใช้ฟรีเจ็ดวัน CBS All Access จะดำเนินการสตรีมในช่วงแรก สำหรับเลกที่สอง Paramount + (การเปลี่ยนโฉม CBS All Access ตั้งแต่วันที่ 4 มีนาคม) จะสตรีมเกมแชมเปี้ยนส์ลีก รอบก่อนรองชนะเลิศของแชมเปี้ยนส์ลีกสามารถสตรีมได้ทาง Paramount + เท่านั้น การแข่งขันรอบรองชนะเลิศจะออกอากาศทาง CBSSN และสตรีมบน Paramount + รอบชิงชนะเลิศแชมเปี้ยนส์ลีกจะออกอากาศทาง CBS และสตรีมบน Paramount +; fuboTV ยังเป็นตัวเลือกการสตรีมสำหรับการแข่งขันรอบรองชนะเลิศและรอบชิงชนะเลิศทั้งหมด กำหนดการทีวีของ Here League คือตารางแชมเปี้ยนส์ลีกแบบเต็มในช่วงที่เหลือของปี 2021 ซึ่งรวมถึงเวลาเริ่มต้นและช่องทีวีสำหรับเกมที่ออกอากาศในรอบลีกสหรัฐฯ 16 ช่วงแรกรอบแรกของรอบ 16 จะออกอากาศทาง CBS Sports Network และ CBS All-Access แม้ว่าจะมีเพียงสองในแปดเกมเท่านั้นที่จะออกอากาศทางเคเบิลวันอังคารที่ 16 กุมภาพันธ์เวลาตรง (ET) สตรีมมิงทีวีช่องบาร์เซโลนากับ PSG 15:00 CBSSN CBS All Access, fuboTV RB Leipzig vs. Liverpool 15:00 ไม่มี CBS All Access วันพุธที่ 17 กุมภาพันธ์เวลาแข่งขัน (ET) สตรีมมิ่ง Juventus vs FC Porto 15.00 น. CBS All Access Sevilla vs Borussia Dortmund 15.00 น. CBS All Access วันอังคาร , 23 กุมภาพันธ์ Match Channel (ET) Atletico Madrid Streaming TV Channel vs Chelsea 15:00 CBSSN CBS All Access, fuboTV Lazio vs Bayern Munich 15:00 N / A CBS All Access วันพุธที่ 24 กุมภาพันธ์เวลาการแข่งขัน (ET) สตรีมมิ่ง Borussia Monchengladbach vs. Manchester City 3 pm CBS All Access Atalanta vs Real Madrid 15.00 น. CBS Access Champions League รอบ 16 ทีมเลกสองรอบที่สองของรอบ 16 จะออกอากาศทาง CBS Sports Network และ CBS All-Access; สองรายการ (วันที่ 9 และ 16 มีนาคม) จะออกอากาศทางเคเบิล เกมเหล่านั้นยังไม่ถูกกำหนดโดย CBS วันอังคารที่ 9 มีนาคมเวลาแข่งขัน (ET) สตรีมมิงทีวีช่อง Juventus vs FC Porto 15.00 น. TBD Paramount + Borussia Dortmund vs Seville 15.00 น. TBD Paramount + วันพุธที่ 10 มีนาคมเวลาแข่งขัน (ET) สตรีมมิ่ง Liverpool Vs . . RB Leipzig City 15.00 น. Paramount + Barcelona vs PSG 15.00 น. Paramount + วันอังคารที่ 16 มีนาคมเวลาแข่งขัน (ET) สตรีมมิ่งรายการโทรทัศน์ Borussia Monchengladbach vs Manchester City 15.00 น. TBD Paramount + Atalanta vs Real Madrid 15.00 น. TBD Paramount + วันพุธที่ 17 มีนาคมเวลาแข่งขัน (ET ) สตรีมลาซิโอ vs บาเยิร์นมิวนิค 15.00 น. พาราเมาท์ + แอตเลติโกมาดริดปะทะเชลซี 15.00 น. พาราเมาท์ + แชมเปี้ยนส์ลีกรอบรองชนะเลิศเลกแรกรอบก่อนรองชนะเลิศ – เลกแรกและสอง – จะมีให้เล่นใน Paramount + อังคารที่ 6 เมษายน vs TBD 15.00 น. Paramount + TBD vs TBD 15.00 น. Paramount + วันพุธที่ 7 เมษายนเวลาการแข่งขัน (ET) สตรีม TBD vs TBD 15.00 น. Paramount + TBD vs TBD 15.00 น. Paramount + League รอบก่อนรองชนะเลิศของ Champions เลกที่สองวันอังคารที่ 1 เมษายน 3 เวลาการแข่งขัน (ET ) การสตรีม TBD vs TBD 15.00 น. Paramount + TBD vs TBD 15.00 น. Paramount + วันพุธที่ 14 เมษายนเวลาแข่งขัน (ET) สตรีมมิ่ง TBD vs TBD 15.00 น. Paramount + TBD vs TBD 15.00 น. Paramount + Champions League รอบรองชนะเลิศ legEach การแข่งขันรอบรองชนะเลิศนัดแรกจะออกอากาศพร้อมกันทาง CBS Sports Network และ Paramount + อีกทางเลือกหนึ่งคือ fuboTV วันอังคารที่ 27 เมษายนเวลาตรงกัน (ET) สตรีมทีวีช่อง TBD เทียบกับ TBD 15:00 CBSSN Paramount +, fuboTV วันพุธที่ 28 เมษายนเวลาการแข่งขัน (ET) สตรีมทีวี TBD เทียบกับ TBD 15:00 CBSSN Paramount + รอบรองชนะเลิศ Alliance FuboTV Champions, เลกที่ 2 วันอังคารที่ 4 พฤษภาคมเวลาการแข่งขัน (ET) ช่องทีวีสตรีมมิ่ง TBD vs TBD 15.00 น. CBSSN Paramount +, fuboTV วันพุธที่ 5 พฤษภาคมเวลาการแข่งขัน (ET) ทีวีทีวีสตรีมมิ่ง TBD vs TBD 15:00 CBSSN Paramount +, ลีกรอบชิงชนะเลิศ fuboTV Champions รอบสุดท้ายจะออกอากาศพร้อมกันใน CBS และ Paramount + แม้ว่า fuboTV ก็เป็นตัวเลือกเช่นกัน วันเสาร์ที่ 29 พฤษภาคม
ด้วยชื่ออย่าง 40 Supreme Fruits คุณจะเข้าใจอย่างแน่นอนว่าจะมีธีมแบบไหน สล็อตนี้มีความไม่สามารถคาดเดาได้ปานกลางและ 5 วงล้อและ 4 คอลัมน์ของรูปภาพ สิ่งเหล่านี้รวมเข้ากับ 40 วิธีในการชนะและคุณสมบัติที่น่าทึ่ง สรุปแล้วคุณจะเห็น Wilds and Scatters ทุกที่บนวงล้อและอาจเจอ Jackpot Diamond และฟีเจอร์ Double or Nothing การเดิมพันและรางวัลเนื่องจากเป็นตัวแทนของสล็อตคลาสสิกคุณจึงตระหนักดีว่าคุณจะต้องได้รับภาพที่เหมือนกันหลาย ๆ ภาพเพื่อครองในเกมนี้ ต้องมีอย่างน้อย 3 รายการสำหรับรางวัลสำคัญทั้งหมด อย่างไรก็ตามหากคุณได้รับ 4 หรือ 5 รางวัลของคุณจะยิ่งใหญ่ขึ้น ด้วยการผสมผสานภาพที่โดดเด่นคุณสามารถยกระดับเกมไปอีกระดับในขณะที่เปิดใช้งานคุณสมบัติ 40 Supreme Fruits Slot Features ธีมยอดนิยมสุดมีภาพที่คุ้นเคย ดังนั้นคุณจะเห็นส้มองุ่นลูกพลัมมะนาวเชอร์รี่และผลไม้อื่น ๆ อีกสองสามอย่างบนวงล้อ ไม่ว่าในกรณีใดสิ่งเหล่านี้ไม่ใช่สิ่งเดียวที่คุณจะเห็น Wilds และ Scatters จะแสดงบนวงล้อด้วย โดยปกติแล้ว Wilds จะช่วยคุณในการเดินทางเมื่อสร้างส่วนผสมที่ชนะโดยการแทนที่ภาพปกติ ในทำนองเดียวกัน Scatter สามารถช่วยคุณได้ด้วยการสร้างส่วนผสมที่ชนะเลิศเมื่อคุณได้ภาพอย่างน้อย 3 ภาพในการผสม ณ จุดนั้นมีคุณสมบัติแจ็คพอตไดมอนด์ซึ่งสามารถให้หนึ่งในแจ็คพอตได้ ในที่สุดก็มีเกม Double หรือ Nothing ที่สามารถช่วยคุณเพิ่มรางวัลหรือช่วยให้คุณแพ้ได้ ธีมและการออกแบบธีมที่รู้จักกันดีและ Supreme Fruits 40 ชิ้นนำเสนอการออกแบบที่สวยงามพร้อมกับคุณสมบัติที่ยอดเยี่ยมบางอย่างสรุปผลไม้ 40 รายการใช้สล็อตจาก Novomatic ในธีมผลไม้และมอบความบันเทิงมากมายให้กับคุณด้วย Wilds คุณสมบัติ Jackpot Diamond เกม สองเท่าหรือไม่มีอะไรและกระจัดกระจาย
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If you enjoy poker, making a living from playing this game seems like living the dream.
Do something you love, and it will never feel like work.
But, before you go all in, you should be aware of all of the pros and cons that come with playing poker for a living.
If you’re considering getting more serious about your potential poker career, here are some of the most prominent advantages and disadvantages that come with being a professional poker player.
The Advantages of Playing Poker for a Living
You Own Your Own Time
If you’re playing poker for a living, you’re effectively choosing your work hours. Being your own boss, especially in a career path such as this, means that you’re entirely free to tailor your own time and make the best of every day.
The hassle of working night shifts or waking up early every morning to drive to work won’t be a problem if you gown down this road.
Your “offices” are the online poker tables and live poker tournaments you choose to participate in.
Just keep in mind that you must maintain great discipline in such a job, as not to lose yourself in the flexibility and freedom of your own time.
No Salary Ceiling
The biggest reason most poker players want to go professional is the unlimited profit available for those who dare to claim it.
Although money shouldn’t be your primary motivator, it’s hard not to think about the multi-million prizes at the biggest poker tournaments in the world.
Even if you are just starting out playing online on real money poker sites, there are still countless options with prizes significantly more extensive than what most working people can earn in their day jobs.
Plus, the best part about this is that there’s no salary ceiling on how much you can bring home each month.
Living and Traveling Anywhere in the World
Another great advantage of playing poker for a living is that you can experience the feeling of always being on vacation while traveling for work and making money in the process.
If you plan on becoming a full-time poker player, you can look forward to frequently traveling to some of the biggest and most exciting cities in the world.
From Las Vegas and London to Barcelona and Monaco, you make your own schedule as packed or free as you wish.
Moreover, as a professional poker player, you have unlimited freedom in choosing a location where you want to settle down.
If you want to make your home in a sunny and warm place, you can select a popular poker destination such as the Caribbean.
This will allow you to enjoy endless summers while still being very close to some of the most popular and rewarding poker tournaments.
The Disadvantages of Playing Poker for a Living
No Guaranteed Income
The most significant benefit of a day job is that you know exactly how much money you’re earning every month.
When you switch up your day job for a professional poker career, this safety net disappears.
While it’s true that you’ll be able to win massive amounts of money potentially, there’s no telling when or even if this will come.
Instability of income is a typical tradeoff in many careers that offer a higher profit ceiling.
If you like playing it safe and can’t risk running a negative balance for a few weeks or months, pursuing a career in Texas Hold’em probably isn’t the best way to go.
That said, if you’re ready to accept the swings and have the mindset to handle the pressure of unstable earnings, you can turn this disadvantage into your advantage.
The Road to Success Can be Arduous
Watching Daniel Negreanu toy with his opponents makes it seem almost effortless. But, most of us forget that we’re watching the end result of years of studying the game and the psychology of their competitors.
All professional poker players have experienced great highs and lows throughout their long journey.
Don’t go into it thinking that it’s going a smooth ride all of the time. Confidence is a must-have, but you should continuously work on your skills to back this up.
Of course, some players have achieved great success in their first few years of playing the game, but these are outliers.
If you’re aiming to make poker your lifetime career, you need to arm yourself with patience and always remember that you’re in it for the long run, and variance will catch up with you eventually.
Stable Budget Needed to Start
Although poker offers you the opportunity to win a lot of money, you also need to have adequate starting capital before you even consider devoting all of your attention to the game.
The lack of money is one of the more significant reasons why most players don’t commit to playing poker professionally.
For many players, it can take years before they can get to a consistent level of winning in poker. If you don’t have the capital to start or a stable day job to cover your poker losses, you can quickly grow tired of the stress and grind.
It’s crucial to remember that success isn’t guaranteed and that you should never risk the money you can’t afford to lose. Learning good bankroll management is a must!
Are you Ready to Become a Professional Poker Player?
The hard truth is that not everyone is cut out to be a world-class poker player. But, with enough patience and work, you can make a great living from playing poker.
This is because, ultimately, the pros heavily outweigh the cons, and most players who truly commit to studying and learning the game can succeed in it.
If you’re passionate about poker and ready to put your energy into it, nothing is stopping you from making a career out of it.
To get some help on your path, check out the best poker training sites out there, as you’ll find plenty of great resources here.
Posted on: February 15, 2021, 10:16h.
Last updated on: February 15, 2021, 10:32h.
Read MoreNew York state Sen. Joseph Addabbo, Jr. (D-Queens), the lawmaker spearheading the push for the Empire State to embrace mobile sports betting, doesn’t just believe the state legislature will pass a bill soon to expand sports betting in the state.
New York state Sen. Joseph Addabbo Jr. takes part in a swearing-in ceremony for his seventh term last month. Addabbo is a leading lawmaker pushing to legalize mobile sports betting in the state. (Image: NYSenate.gov)He also believes the first bets could take place later this year.“I remain optimistic that should it be in the budget April 1st, with a little initiative, our state government can get it up and running by Sept. 9th, which is the first day of the NFL football season,” Addabbo told Casino.org in an interview.It’s been nearly three years since the US Supreme Court opened the door for sports betting nationwide. New York did take advantage and approve retail licenses for its four upstate casino resorts. In addition, Class III tribal casinos are also allowed to offer sportsbooks on their properties.However, analysts and observers point out that New York misses out on a significant revenue stream since it does not allow mobile applications.For example: According to the New York State Gaming Commission, the four retail sportsbooks in the state generated revenue totaling nearly $3.6 million in January. Over the same month, Indiana – a state with roughly a third of New York’s population – saw its mobile and retail operators earn $29.3 million in taxable revenue.The senator said New York usually leads the way when it comes to state policy.“We’re that car in the right lane with four wobbly wheels, and we’re limping along,” Addabbo said. “And these other fast cars like (New) Jersey and Pennsylvania are whizzing by us. That’s an odd spot for New York to be in.”Sports Betting Part of NY Budget TalksA recent study by Spectrum Gaming estimated that mobile sports betting could generate more than $1 billion in gross revenue for New York operators. If the state sets the tax rate at 10 percent, that would mean more than $100 million in annual revenue.Addabbo’s bill, Senate Bill S1183, as well as legislation sponsored by state Assemblyman Gary Pretlow (D-Mount Vernon), sets the rate an 8.5 percent. However, that rate, like other portions of the bill are open to negotiation, the senator said.The senator also noted that the original sports betting bill he filed a couple of years ago gave each casino one skin. Now, the bill offers them two, which means a potential of 14 skins, or mobile operators, for the state once the three downstate casinos are awarded.I think that’s all part of the budget negotiations,” Addabbo told Casino.org. “How many skins and the license fee and the tax rate that is all part and parcel of the budget negotiations. It’s all part of the discussions that we’re going to have, and that’s where we’ll have to come to some agreement.”Still, time is of the essence.April 1, the start of New York’s budget year, is just 45 days away as of Monday. While that’s six and a half weeks, as Gov. Andrew Cuomo told reporters Monday, “in government, 45 days is a blink of an eye.”Addabbo Concerned State-Run System Can’t Meet DemandThe good news is that Cuomo is on board with expanding sports betting in the state to include online applications. The bad news is, his vision for sports betting varies significantly from that of Addabbo and Pretlow. Those lawmakers chair the gaming committees in the respective chambers.Both lawmakers’ bills call for New York to operate sports betting like New Jersey, Pennsylvania, and Indiana. Each of the state’s casinos currently would get the chance to partner with two mobile operators.Cuomo, though, wants the state to be in more control. He wants a system more like the lottery allowing the state to derive more of the revenue. That approach resembles what Rhode Island, Montana, New Hampshire, Delaware, and Oregon have implemented.As Addabbo indicated, though, those states combined have a smaller population than New York.“I’m concerned about New York having a product that can handle the volume and the growing, expanding the market,” Addabbo told Casino.org.He also noted that Oregon leaders are already having second thoughts about their lottery-managed sports betting product.Just last month, Gov. Kate Brown requested that the state’s legislature take up a bill allowing the Oregon Racing Commission to regulate sports betting and grant licenses.“So, if it’s not good enough for Oregon, I don’t think it should be good enough for New York,” Addabbo said.
Posted on: February 15, 2021, 08:48h.
Last updated on: February 15, 2021, 11:08h.
The head of the New York Stock Exchange (NYSE) is rejecting recent comparisons of the stock market to casino gambling.
Stacey Cunningham, president of the New York Stock Exchange, is seen here on the trading floor in 2018 after becoming just the second female to assume the position. She says recent connections between casinos and stocks are misguided. (Image: Reuters)January’s volatility surrounding such stocks as GameStop and AMC Entertainment led to some politicians lambasting how markets operate. They argue that stock trading has essentially been billionaire hedge fund owners’ personal casinos.“Investors big and small are treating the stock market like a casino,” argued Sen. Elizabeth Warren (D-Ma.). Her comments came after a forum on Reddit titled “wallstreetbets” successfully manipulated the stock prices of GameStop and AMC.Rep. Alexandria Ocasio-Cortez (D-NY) took pleasure in what was seemingly a large group of small fish taking on Wall Street’s powerful sharks. The Reddit investors purchased large volumes of GameStop and AMC shares to target hedge funds that heavily shorted the stocks.“Gotta admit it’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the market as a casino,” declared Ocasio-Cortez.Market Leader Dismisses AssertionsIn an interview with “Axios on HBO” that aired Sunday night, New York Stock Exchange President Stacey Cunningham dismissed the links of stock trading to gambling.The markets are not a casino. They are highly regulated and they’re highly overseen,” Cunningham stated.“We are running a market that provides opportunities for investors to come in, invest in the companies they believe in, they believe that are going to grow, and then share in that wealth creation,” she added.Cunningham has warned state lawmakers in New York that if the state passes the financial transaction tax that’s been proposed in Albany she would consider relocating the NYSE to another state. The financial transaction tax aims to better level the investor field.She does, however, support stock market regulators taking a “fresh look” at short selling, especially surrounding hedge funds that take large positions in betting against a company’s success.Differences Outweigh Similarities There are many similarities between a casino and a stock market. Like the NYSE, a commercial casino in Las Vegas is highly regulated. Legal gambling is one of the most controlled and scrutinized industries in the country.People who gamble, and also those who purchase stocks, are additionally doing so in the hopes of making their money grow. Each involves elements of risk, and skilled gamblers and investors study odds and a company’s financials to look for an edge.But that’s really where the similarities end, says one expert.“Equating the stock market to gambling is a myth that people on the internet and television pundits have perpetuated for years. And it’s simply not true,” says Hank Coleman, founder of Money Q&A, an online financial advice website.Coleman points to the fact that buying a stock is ownership. He also says gambling, unlike investing, is a “zero-sum game” where there is always a winner and loser. In investing, Coleman argues, there can be varying degrees of winners and losers, including in the same stock.Coleman also explains that value is never created in gambling. Instead, it’s simply money that is transferred between gamblers, or casinos and gamblers.
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Boyd Gaming Corporation și Aristocrat Technologies anunță portofelul digital BoydPay Boyd Gaming Corporation și Aristocrat Technologies au anunțat lansarea „BoydPay”, noul produs portofel digital Boyd Gaming. Prin intermediul BoydPay, clienții Boyd Gaming vor avea capacitatea de a crea un portofel digital fără numerar, care poate fi legat în mod convenabil de surse de finanțare de la terți, conduse de Sightline Payments. BoydPay este acum live la Blue Chip Casino Resort Spa din Michigan City, Indiana, Belterra Park din Cincinnati, Ohio și în probă de teren la Aliante Casino + Hotel + Spa din North Las Vegas, Nevada. În faza inițială, portofelul digital BoydPay este legat de cartea B Connected a unui jucător (programul de fidelizare a jucătorului Boyd Gaming) și este folosit pentru a juca sau a încasa titluri de sloturi, de asemenea, în parteneriat cu Aristocrat. 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CasinoGroundsAgreement va vedea furnizorul să-și prezinte portofoliul de jocuri pentru a-și lăsa ding community casino online Studio de design de jocuri inovator AvatarUX a semnat un acord cu CasinoGrounds, care va vedea furnizorul să prezinte întregul portofoliu de jocuri către una dintre cele mai mari comunități de cazinouri online din lume prin intermediul streamerelor. Prin acordul de 12 luni, AvatarUX va putea prezenta conținutul său direct către jucătorii de slot pasionați și să primească feedback care să-l ajute să se îmbunătățească la viitoarele jocuri. Partenerii GGPoker cu doamnele fantastice în poker (FLIP) Fondatorul FLIP, Daiva Byrne, va acționa ca GGPoker Outreach & Community Advocate GGPoker anunță astăzi că este parteneriat cu Fantastic Ladies In Poker (FLIP), cea mai importantă comunitate de jucători axată pe femei din lume. Sala de poker planifică promoții și inițiative personalizate pentru a ajuta la dezvoltarea comunității FLIP. 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