Yep, and that nag is still running!
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Yep, and that nag is still running!
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Michl Posch, Head of Marketing at Intertops.com said of this landmark celebration, “2006 may be our tenth anniversary, but it is as well the 10th anniversary of the whole online betting industry. 16, 2005–Intertops.com (www.intertops.com) will proudly celebrate their 10th anniversary of the first ever online sports bet – which was placed on Intertops.com website – on January 17, 1996.
In 1996, the Internet was very much in its infancy and the notion of an ‘online gaming industry’ was merely a pipe dream. Three years later, the company further cemented its inimitable presence in the online gaming world through its online poker operations as part of the PartyPoker Network.
Mr Honkavaara placed a US$50 bet on the outcome of a football match between UK teams Tottenham and Hereford United, which won him US$52 – a profit of $2. It is also the beginning of a truly exciting future for the company – and for the Online Gaming industry as a whole.”
LONDON–(BUSINESS WIRE)–Dec. Congratulations Intertops.com! “
The early success of Intertops.com saw the company create one of the world’s first Microgaming powered casinos and became a leading player in the burgeoning online gaming world.
. The first ever bet was a winner – though small it was!
Today, Intertops.com, is a multi-million dollar business offering more than1,000 online betting options each day to sports fans just like Jukka Honkavaara.
1. Intertops.com is licensed in Antigua and Barbuda, the Mohawk Territory of Kahnawake in Quebec, Canada and Malta, and is a member of the European Betting Association, the International Gaming Council and the Antigua Offshore Gaming Association
Notes to Editor
“These true pioneers are inviting all its customers and clients – past and present – to celebrate their marvellous achievement. However, against all odds, Intertops.com made the brave leap into the online world and accepted the first ever interactive bet on January 17 from Finnish gambling enthusiast Jukka Honkavaara.
In 2000, Intertops.com again proved itself as a true innovator with their in-house development team’s building of a WAP portal, giving Intertops.com the ability to accept the first mobile bet in the world
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Supreme Court hear its constitutional challenge last year.
Paul Clement, an attorney representing the NFL, NBA, NHL, Major League Baseball and the NCAA, said New Jersey wasn’t just repealing laws against sports gambling. The state has suffered court defeats since then and failed in an attempt to have the U.S. He said the state would restrict sports betting to heavily regulated casinos and racetracks, limit bets to people over 21 and bar bets on in-state teams.
The judge likened it to driving a car with someone else’s license. “The only thing regulated is sports betting itself. Besides, he added, “everything in New Jersey is regulated,” from muffler shops to beauty salons.
The case dates back to 2012 when the leagues and NCAA sued the state to stop its initial sports gambling law from being implemented. The leagues have said expanding sports gambling will threaten the integrity of their games and lead to increased incidences of game-fixing.
“A partial repeal that selects the favored venues and dictates who’s going to engage in sports gambling and on what games they’re going to bet on” amounts to state authorization, Clement said.
Though no casinos have committed to offering sports gambling while the case goes through the courts, the leagues contend that allowing sports gambling there amounts to the state playing a regulatory role because the casinos are state-licensed.
Attorneys from both sides endured sharp questioning from the court, which heard a previous incarnation of the case in 2013. The regulation is entirely up to the private sector as it sees fit.”
New Jersey is hoping sports gambling will reap tens of millions of dollars in revenue and help turn around the flagging fortunes of its casino and horse racing industries. In the ruling that followed that argument, the court said New Jersey couldn’t be prevented from repealing its sports gambling laws. The state seized on that language to write its 2014 law.
New Jersey Gov. Chris Christie and New York Mets owner Fred Wipon watch a spring training game.(AP)
In recent months, NBA Commissioner Adam Silver and Major League Baseball Commissioner Rob Manfred have separately expressed some level of support for taking a new look at legalized sports betting outside Nevada, the only state to allow betting on individual games at betting parlors.. The law repealed state prohibitions against sports gambling.
A good portion of Tuesday’s oral arguments before the 3rd U.S. Circuit Court of Appeals focused on the meaning of the word “authorize,” and whether New Jersey did that in striking the betting prohibitions.
Judge Julio Fuentes queried Peter Phipps, a Department of Justice lawyer appearing in support of the leagues, on whether a sports betting operation would be functioning under a casino’s license if it hadn’t had to apply or pay a fee.
Arguing for New Jersey, Theodore Olson called it “Orwellian” that New Jersey would purportedly be in violation of federal law by allowing sports gambling in certain areas but would be OK if it allowed it everywhere.
Attorneys on Tuesday acknowledged that the 2014 sports gambling law was worded explicitly to follow the 3rd Circuit’s 2013 ruling.
At issue: Whether a 2014 New Jersey law signed by Gov. Chris Christie violates the 1992 federal Professional and Amateur Sports Protection Act, which says states cannot “sponsor, operate, advertise, promote, license or authorize” sports betting. “Isn’t a casino license not transferable? I can’t imagine it would cover somebody else’s sports betting operation,” Fuentes said.
Ronald Riccio, a lawyer representing the New Jersey Thoroughbred Horsemen’s Association, told the judges that Monmouth Park, the only venue in the state to prepare to begin offering sports betting, would have its betting solely regulated by an independent group.
PHILADELPHIA (AP) — The fight over legalized sports gambling in New Jersey returned to a federal appeals court Tuesday, where attorneys for the state and the country’s major sports leagues spent nearly an hour parsing language in a decades-old federal statute and in recent court rulings.
“It will also be under all state and federal consumer protection laws,” he said
For example, instead of paying $2 for an Exacta bet that requires the horses to finish in an exact first and second place order, you can pay $4 for an Exacta Box bet, and you will win the Exacta bet regardless of which of the two horses comes in first.. Never bet more than you can afford to lose. Once you have taken the time to look over the racing program and the professionals’ advice, it is time to start figuring out which bets you would like to place for the upcoming race. At this point, some people like to spend some time on the paddock to see the horses being walked from the stable to the track, as it adds to the horse racing experience and occasionally one might notice something about a horse that influences the way they bet, such as a horse that appears sluggish or one that seems like it is in exceptional shape.
Daily Double Bet – A bet on the first place finishers in two consecutive races.
While there are a variety of bets, the following are the most common bets, and are more than enough for beginners. To keep things fun and not risk too much money, most beginners make $2 bets. The point is to have fun, not to go home without money you need to pay your bills.
The following is the correct way to place a bet with a betting clerk:
The reason why you need to start out with the Track Name is because you can bet on horse races at many tracks from the horse track you are currently at, so you need to specify the track to the betting clerk.
Place Bet – A bet that the horse you chose will come in second (a place bet is also a winning bet if the horse you chose comes in first).
Win, Place, and Show Bet (a.k.a. Across The Board Bet) – Bets on the first, second, and third place finishers; each act as a separate bet.
Win Bet – A bet that the horse you chose will win the race.
To place a $2 Win bet on horse number 7, you would say, “Track Name, $2 to Win on Number 7″.
Exacta Bet – A bet on the exact first and second place finishers in exact order.
To place a $2 Exacta Box bet on horse 2 and 5, you would say, “Track Name, $2 Exacta Box on Numbers 2 and 5″ (keep in mind that this is actually a $4 bet since you are boxing the bet).
Show Bet – A bet that the horse you chose will come in third (a show bet is also a winning bet if the horse you chose comes in first or second).
Trifecta Bet – A bet on the exact first, second, and third place finishers in exact order.
Box Bet – Any of the above bets can be boxed for an additional wager
(Reuters) – Atlantic City’s Borgata Casino on Saturday hosted a free-throw basketball tournament that gaming executives from across the country hope will reverse the ailing New Jersey resort town’s fortunes.
Sports leagues have filed a lawsuit to stop sports wagering, and the issue is being considered in federal court.
By DANIEL KELLEY
(Editing by Victoria Cavaliere and Diane Craft)
Last September, New Jersey Governor Chris Christie signed legislation that partially repealed the state’s ban on sports betting, but casinos have been reluctant to take it up out of fear that federal regulators could crack down.
“I chalk it up to being taught to shoot the right way at an early age,” Callejas said.
This article originally appeared at Reuters.
Al Callejas, 37, a first grade teacher from Archibald, Pennsylvania, and the son of a high school basketball coach, took home the first prize of $10,200.
“It’s really all about the demographic,” said Joe Lupo, Borgata’s vice president of operations.
“It’s about marketing the entire property,” said Bob Ambrose, who teaches gaming at Drexel University’s Center for Hospitality and Sport Management. “It will bring a better bottom line to all of the casino’s amenities.”
About 750 contestants paid a $20 entry fee for the chance to win more than $20,000 in prizes by shooting basketballs into hoops in an event that marked the industry’s first attempt at “skill-based” gaming, or games where most the element of chance is removed.
Also in attendance was Jeff Harris, of Seattle, who shot 44 consecutive baskets with alternating hands in 2010 to earn a spot in the Guinness Book of World Records.
Gaming executives hope such activities will make casinos more attractive to younger customers who grew up with video games and who view slot machines as boring.
ATLANTIC CITY, N.J. Follow Reuters on Twitter.
Casino executives will be looking closely at data from the event to see how many players went into the casino after to dine, gamble and head to the casino’s nightclubs.
The contest drew free-throw aficionados from across the country, including Ed Palubinskas, of Baton Rouge, Louisiana, a former shooting coach for the Los Angeles Lakers.
Skill-based games are just one of a number of developments in the highly regulated gaming industry that officials in New Jersey have allowed in an effort to prop up Atlantic City, which saw four of its 12 casinos close in 2014.. Copyright 2015
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In addition a lot of casinos have actually excluded blackjack from there bonus scheme. At the same time the graphics and choice of games continues to improve at a staggering rate.
By playing in a smart way on games like Blackjack and going from casino to casino a smart player can use this bonus to maximise their winnings. For example if the bonus is 100% and the playthrough is 8x then if you deposited £100 they would match that with £100 giving you an initial bankroll of £100, You would then need to make a total number of bets worth £800 (8 x £100) before you could take out the £100 bonus.
The majority of online casinos offer a registration bonus which is added to your account. The best way to think of the bonus is that it gives you a bigger bankroll and that if you should loose this bonus then it’s not your own money you are loosing, just the casino winning back money it gave to you. This rule stipulates the amount of wagering you need to do before you can take the bonus money out as cash. This bonus will have a maximum amount associated with it, which again varies but is usually around £250, although the highest I have seen so far is £2450! The bonus is subject to various regulations and requirements which you should read about in the casinos terms and requirements but the most important is what is referred to as the playthrough rule. The money to be earned really isn’t that much and it damages the bonus schemes for everyone. It also gives you more opportunities to chase progressive jackpots
Online casinos have many advantages over land based casinos, one of these is the convenience they offer, especially since there aren’t that many land based casinos in the UK especially outside the main cities. Land base casinos also offer incentives like free hotel rooms, meals, entertainment etc but these are only for the high rollers, the beauty of the comps offered by online casinos is that it doesn’t matter how much you play for the bonuses are relative. There are however some disadvantages and risks to online casinos, but if you take some precautions then you should be absolutely safe.
As you can imagine this isn’t too popular with the casinos and you can quickly get blacklisted if you do it all the time, one way to get around it is to actually exceed the wagering requirement , in the example above I would recommend wagering a total of £1500 instead of the £800, doing this will make you less conspicuous but will reduce the money you can make. This bonus can be anywhere between 20% to 400% depending on the casino.
The online casino industry has experienced explosive growth in the last few years, in fact sometimes I forget that the industry is in fact only about 8 eight years old!! The competition between the various online casinos has never been fiercer but this is fantastic for us the players as they end up offering bigger and better bonuses and incentives all the time to tempt you to play with them. It is also important to stick to lots of small bets as this works in your favour.
If you play optimal strategy at blackjack then you should end up with about £180 after having fulfilled the wagering requirements, in other words £80 profit.. This isn’t to say that high rollers don’t get rewarded, certain casinos actively target high rollers with special bonuses.
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Even if you take these precautions I still wouldn’t recommend this type of playing. An example of this is with Denmark where because of widespread abuse they have different wagering requirements to other countries
The global online gambling market has a current value estimated at a medium double digit number in billions of Euros, with growth expected between +7 and 10% annually in the next few years.
Europe has been a leader in adopting regulation regarding online gambling, but as the activity spreads, new measures are being enacted.
The leading online gambling and betting companies worldwide include PokerStars, Bwin.Party, William Hill Online, each of which annually generate online revenues of over EUR 0.5 billion.
In North America, online gambling was legalized in three US states by early 2014, with online gambling revenues surging to millions in the first months of legal operation.
- The author’s international employees research and filter all sources and translate relevant information into English. In South Africa, online gambling awaits legalization in 2014.
Online gambling and betting is spreading in the Asia-Pacific region. Among the findings of the reports researchers is that the online gambling and betting segment is increasing, enhanced by the spread of smartphones and tablet computers.
The major trends in online gambling and betting globally are mobile and social gambling. In Australia, which leads the world in terms of per person gambling, online sports betting and gambling has been growing by over 30% annually, while the growth of the total gambling market does not exceed 5%.
- Paddy Power
DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online) has announced the addition of the “Global Online Gambling Betting Market 2014″ report to their offering.
Global Online Gambling and Betting Market 2014 depicts the latest trends and developments in the field. However, offshore gambling websites are popular among Brazilian gamblers, who spend several hundreds of EUR million annually on offshore sports betting sites.
- The authors provide secondary market research: By using various sources of information they ensure maximum objectivity for all obtained data. Progress in online betting regulation in Germany is expected in 2014, as several operators have applied for the first online sports betting licenses.
- The analyses, statistical reports and forecasts are only based on reliable sources including national and international statistical offices, industry and trade associations, business reports, business and company databases, journals, company registries and news portals.
- Betfair Group
- 888 Holdings
The regulatory landscape on online gambling and betting is varied. In the USA, online gambling is legal only in three states and in many Asian countries gambling and betting is allowed only in casino resorts.
Regional variations in legislation and acceptance of online gambling and betting
Trends in online gambling and betting.
Companies Mentioned. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Regulation of online gambling and betting in Germany and Russia lag some of their neighbours. For example, a quarter of poker players chose to bet on unregulated networks.
Research and Markets is the world’s leading source for international market research reports and market data. The authors observe: while land-based lottery and casinos still dominate the gambling scene, online real-money gambling and betting are growing rapidly.
In France, online gambling and betting has been legal since 2010, but many gamblers turn to illegal sites. The first regulated online gambling website in Kenya was launched in 2013. As a result companies get a precise and unbiased impression of the market situation.
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For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online
The spread of online betting and gambling is forcing governments to act to regulate. In North America and major Asian countries online real-money games are yet awaiting progress in regulation. Mobile gambling is expected to grow at double-digit rates and to reach over 40% of the total online gambling market by 2018, as the number of mobile gambling users increases by a hundred million.
- These market reports inform top managers about recent market trends and assist with strategic company decisions
In the largest Latin American market, Brazil, gambling and betting is forbidden except for horse racing. Total online gambling revenue in Italy recently reached a high number in hundreds of millions of Euros, with poker constituting the largest segment.
- William Hill Online
Online gambling is only starting to emerge in Africa. The majority of Western European countries have some laws in place to channel online gambling and betting. This ensures that the content of the original studies is correctly interpreted.
Italy has one of the most advanced regulatory arrangements regarding online gambling in Europe
University of Southern California
Southern California is best known for its varsity football team, which has won 11 championships, but also excels in basketball and a host of other college athletics.
4. The university is known for its basketball team, as well as women’s soccer, women’s field hockey, and men’s lacrosse.
With the widespread popularity of college sports teams, and the consistent successes of each of these colleges on the field and in the stadium, it’s no wonder these top 10 sports schools garner the support and spirit of students and fans all over the nation.
7. Whether you follow college baseball, football, gymnastics, volleyball, soccer, or other varsity athletics, these are some of the top universities to beat:
1. The school is also known for victories in men’s diving, swimming, golf, track, gymnastics, men’s and women’s fencing, and more.
2. Stanford University
With an impressive record in virtually every varsity sport, this Ivy League school holds the top ranking among sports colleges. 3. They finished 5th in the 2009-2010 NACDA reckoning of sports colleges, placing them in the top 5 for the first time.. University of Georgia
With rigorous academic requirements for all athletes, Georgia is setting the pace for a new paradigm of scholarships among its top level football, baseball, gymnastics, tennis, and swim teams.
With a staff of over 100 coaches and assistants, 34 varsity sports, and about 300 athletic scholarships, it’s no wonder this school presented 49 athletes in the 2008 Beijing Winter Olympics and has over 9,000 students enrolled in intramural sports in any given semester.
9. Florida State University
Florida State is a top contender in a number of college athletics programs, including football, basketball, softball, soccer, volleyball, swimming, and diving. University of California Los Angeles (UCLA)
One of the country’s most widely recognized sports schools, UCLA was the first university to win over 100 NCAA championships, making the Bruins a fixture among the top basketball schools. University of Virginia
The Cavaliers raced to top positions in women’s rowing and men’s soccer in the past year, among the school’s other sporting achievements.
8. University of North Carolina
North Carolina has won 51 titles and 34 national championships in 6 different sports, making its mark as one of the top sports colleges in the United States. University of Texas
This Texas school has won more titles than any other school in the Big 12 League since it was founded in 1996. They’re especially known for their excellence in football, as well as putting forward strong contenders in track and baseball.
College sports have captured the hearts of millions of Americans, from loyal students and alumni cheering on their schools to local businesses and fans. Stanford has brought home the NACDA Director’s Cup award for Division I sports for the past 15 years, qualifying it as best overall for collegiate sports in the United States.
6. The Gators are also known for their strong contenders in football, men’s basketball, and women’s golf, soccer, football, tennis, and volleyball.
5. University of Florida
Florida is renowned in a number of varsity sports, notably excelling in women’s swimming and men’s track and field in the 2009-2010 season. UCLA is also renowned for its women’s sports performances, with the softball, track, gymnastics, and rowing teams excelling in 2009-2010.
10. Ohio State University
Ohio State has brought home championship wins in all three of the biggest men’s sports: basketball, football, and baseball