Sports Betting Permitted To Non-Muslims In Malaysia

Sports Betting Permitted To Non-Muslims In Malaysia

As reported by the Associated Press, May 13, 2010, a corporation associated industrialist, Vincent Tan, has established support to run global sports betting for non-Muslims in Malaysia. Part of government labors to defy illegitimate gambling predicted to be around billions of dollars every year.

The finance minister has agreed to permit Ascot Sports to bid on sports like tennis, soccer, golf, basketball and racing. It is according to a late Wednesday report issued by Tan’s corporation Berjaya corp., which will be buying 70% of Ascot for $163 million. Ministry officials did not comment on Thursday.

Gambling is a political biased matter in Malaysia, where racial Malay Muslims including nearly 2/3^rd of the country’s population. The ethnic Chinese and Indians are permitted to buy lotteries and bet on races, but not on any other sports.

According to the industry official’s, illegal betting in Malaysia could amount to $6.2 billion a year, with betting on soccer, scoring the most.

By August, Ascot will be launching gambling services, but that will not be before FIFA World Cup in SA, an anonymous official from Berjaya stated. This service will be tendered via some selected outlets and telephones to adult non-Muslims, as stated by Berjaya. According to the official, betting might be offered online after seeking approval.

But the Federation of Malaysia Consumers Association has criticized the government, reminding the government about their responsibility of stop betting.

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Thirty- Eight Suspects Detained, Believed To Be Involved In Sports Betting In U.S

For sports books, two of the major moneymakers are NCAA college basketball tournament and the Super Bowl. Regrettably, these two events give public the authority of running the illegal sports books.

On Wednesday, the prosecutors charged thirty- eight people with numerous offences related to an illegitimate sports betting action. The betting was being conducted out of websites in Costa Rice, but the group was bigger than mere Internet betting operation.

Prosecutors challenged that about $ 178 million were placed in bets during the three years course when the investigation had been taking place. The two foremost sites that were exposed were crownsports.com and jazzsports.com. The bust that was executed this week was all over the U.S.

The foremost operators trapped were in New York and Staten Island, whereas people were detained in Nevada, Florida, Michigan and Louisiana.

According to the associated Press, the Queens District judge said that at one time such computerized rooms could hold a large capacity of bettors, thereby permitting the coordinators to increase their illegitimate profits without bothering to keep records of a paper based bookkeeping operation.

Millions of cash as well as betting records were taken into custody in the secret operation. These operators had henchmen who met the bettors to shell out and gather the wagers made on these websites.

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A Strategy In Sports Betting To Accomplish 90% Strike Rate

Believe me, a sports betting tactics that asserts 90% strike rate is not difficult to achieve.

You need to understand that sports’ betting is much more than just betting on your favorite team.

In previous times, we used to have friendly bets without even bothering like betting to jump a fence or betting to date a girl/boy first. This is a simple human behavior, which indicates that we have a cutthroat temperament and our yearning to be better has directed us to the place where we stand today.

Sports’ betting is an electrifying and gripping activity, but in order to turn it into a profitable one, you need a verified sports betting plan, else there will be no fun and thrill rather your savings will turn to dust. Lack of proper knowledge and sports betting plan leads to a loss and wipes out your betting banks.

Betting is something that gives pleasure to people over the world if they have a sound betting approach to sustain for long. The major dilemma with recreational bettors is their indiscipline. Other features comprise deficiency of a betting approach and etc. So one needs to be consistent and have patience to analyze and then apply an excellent strategy in order to win.

In today’s time where no one is trustworthy, one should always depend on good systems and tipsters that exist and prove very helpful.

Even the sports betting associate is an endearing bettor- he implements a proven strategy that delivers a 90% hit price every year.

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Facets Of Sports Betting

Sports’ betting has become an amusing pastime for all the people indulged in gambling. Plenty of gamblers have made millions by the expertise of sports betting. Incase you want to make good money out of sports betting, many things have to be kept in mind to guarantee achievement.

Some aspects of betting being explained here:

There is a distinct disparity between people who win by betting on sporting events, and those who lose by placing bets. On one hand where the former spent time in gaining adequate knowledge on the sporting event they bet on, the latter bet without finding out about them.

In order to be a thriving sports wager, it is vital to identify and immerse in utmost quantity of statistics in order to support your betting positions. It’s an excellent thought to frequently analyze the news, articles and other information related to the sporting event you plan to bet on.

In order to maximize your winning chances, you have to implement endurance and advance your bets gradually.

A very important sports betting tip is not to bet on your favorite team because of emotions. If it is not possible to bet on any other team apart from the favorite, refrain from betting. Surrendering to this divergence of interest will only result in money loss.

Conducting an extensive study and keeping yourself up to date on latest betting tips will help in your decision, and assist you to become a wise bettor and to win regularly.

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The World’s Trendiest Event: Sports Betting

Sports’ betting goes back to the days when sporting events started. Since then, it has penetrated in almost all the sports, be it horse racing, cricket, and basketball or for that matter any other sports. Although entertainment is provided by sports, betting give an all time high of passion. There are many examples of people coming from riches to rags due to this betting thrill, whereas there are others who become millionaires due to the intense knowledge of gambling. The same thrill is provided via online betting.

But before venturing into online sports betting, one should be clear with its basics.

Also, one should make oneself aware of all the terminologies of the betting world. Once thorough with these terms, one should be able to stay in this business for long, as then whatever is published on the betting sites is well understood. Secondly, one should be familiar with the knowhow of all the legalities of betting, which is not permissible in many countries, therefore the conditions may differ for each game.

Futhermore, websites of the countries, which have declared betting legal should only be selected. These sites should have an outstanding status and also provide the information about the services offered by them. The most important aspect of these sites should be that they must be trustworthy.

So then, before keeping your foot in sports betting, always keep in mind the operation of the system and be very clear off all the doubts.

Always make a point to start slow.

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Functions Of Sports Betting

Betting on the occurrence of an event is known as Sports Betting. If the event, for which the betting has taken place, occurs, then either the bettor wins or loses his wager. With the intensification of Internet, sports betting has become online and has a great fan following. While betting online, the bettors have an online account in which money is transferred through online transactions.

The bookmakers issue odds for the events depending upon their thought of the prospect of that event. The odds keep changing in accordance with the betting trend along with the time left for the event to take place. If the bookmakers observe that people are betting with low odds on the favorites, they somehow make them bet for the underdogs by shortening the odds, and reducing the favorites return.

The outcome of a sports bet depends on many factors, such as objective and subjective. On one hand, the objective factor depends on the goals or points scored, whereas on the other hand, the subjective factor sees the attendance of top performers of a team. Bettors can take advice either from sports tipsters or from betting software, which helps them in understanding the factors affecting the result of an event. Without their help, even an expert bettor will not be able to cover more than two sports.

There are many financial approaches which are based on statistical formulae that bettors can use. They are Kelly criteria, bank percentage, Fixed profit, etc. The best part of sports betting is that it makes a belief that betting methods have no risk and net profit is guaranteed.

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Sports Betting - Various types

Sports Betting: Various types

In most of the states, sports betting is declared as illegal, but there are some states which allow it. Most of the states ban their players from indulging in betting activities. There are many bettors who generate a decent income by betting on sports. According to these advocates of betting, it increases the interest of public in that particular sport. It is seen that betting is beneficial for the teams as well as players, as it generates heavy income along with huge crowds. Betting is commonly done through bookies.

Types of betting:

1) Proposition Bets involve income made simply by guessing the outcome of a match.

2) In Parleys, there are a number of bets, and the profit made is huge.

3) Progressive parleys are more like the Parleys, but the profit is not that big.

4) In Teasers, the bettor can bet for more than 2 games but you should know that the profits are lower in them.

5) Goal line or run line bets have a set point-spread, which gives a high return on the favorite, or low return on the underdog.

6) Future wagers have long term prospects, which can go for weeks/months. These bets should be done before the season begins. Their profits are paid at the end of the season.

7) Head to head bets are competitions among the bettors and not based on the outcome of the event. And finally,

8) Totalizators are bets that happen on sharing basis where the profits are shared between the bettor and the bookmaker.

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News on Sports Betting From Canada

News on Sports Betting From Canada

The bureaucrats of Canada are against internet gambling, whereas they do support sports betting. In fact The Toronto Star reports that the government of Canada, along with officials of Ontario, is planning to start sports betting at land casinos just like Las Vegas. Land casinos are not offering favorable results at many places, so gambling companies want betting to be allowed.

Some newspapers report that the casinos in Ontario have all the arrangements for betting, but it is limited to government funded organizations.

The new law would allow bettors to wager the results of most of the games like hockey, football, soccer, and basketball, etc.

This request was promoted by Ontario minister, David Kaplan to Rob Nicholson, the justice minister.

If this proposal is accepted, then Ontario casinos will have a huge advantage over their American counterparts. Sports’ betting is permitted in L.A because the professional leagues are not in favor of the idea of having different teams.

Newspaper NDP reports that MP Joe Coe Martin has come up to Nicholson many times to support him. He informed that since sports’ betting is not permitted in NY/Michigan, the casinos in Windsor and Niagara Falls would benefit with betting. He also added that such betting would generate large crowds into the casinos and the business will get a boost. A former official, Jim Warren, at Ontario for gaming and Lottery Commission, said that in-Canada sports betting would help the tourism industry with increase in number of tourists.

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Different betting styles

Apart from the plain vanilla ‘proposition betting’ and the ‘parley’ kind of betting, there are many other ways in which a bettor can participate in the game. The other common wager is to choose the ‘over and under’ (high and the low) for the total score of the game. Let’s try to understand the ‘over and under’ in a game, the wager can be the total score at the end of the game. Betting over or over betting is when the sum total of total goals/points scored is above the figure betted upon, and low betting is when the scores are below the figure wagered upon.

In a typical game, you have a favorite and an underdog. The game has to be made evenly poised or spread out for the purpose of betting. A handicap is the amount of points that the bettor has to give up, should he place his bets on the favorite. If the bettor were to place his wager on the underdog, the same amount of points will get added up to him. The odds makers are the ones who would come up the point spread.

Let’s take the ‘teaser’ in which they wager. This one is allowed to make the points spread work, to one’s favor. By doing this, the bettor’s payout odds are reduced. When two football teams are playing, one can add or subtract a certain amount of points to the points spread of each team. The ‘teaser’ can only comprise of point spreads and totals, and the bettor will not be allowed to buy points.

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Football betting

Football, easily tops the list as far as betting is concerned. Not many people know that how silently the betting industry manages to impact the game, and keeps the interest and the enthusiasm going on. Millions of punters wager particularly on football.

The volatility of the financial system generally does not affect the betting industry. The reason for this can be attributed to the interest and the involvement of the audience, thanks to betting. The bookmakers and the online betting sites play the role of catalyst to the game, they attract the audience and compete for commissions from the punters, that being the major revenue model. Those who support sports betting look at this as a pastime and that is the first step towards attracting more spectators to the sport. The opponents obviously are concerned about the integrity issues particularly match fixing.

Proper judgment works best. The importance of relevant information of the teams and the analysis of past performance and other details are available as open source information. There are many experts who collect information and analyze it to help facilitate judgment. On a simplistic level, the wager is predicting the outcome of one game; this is also called ‘proposition betting’. There are many other options to betting. In a typical ‘parley’ kind of betting, multiple bets are placed on a variety of teams, say 4 teams at a time, to qualify in the league perhaps.

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Risk Vs Reward

How can you say that the seeking of reward for work done or for an achievement is wrong? As human beings, we thrive on rewards. The reward chemical, dopamine, in our brain plays an important role in making us feel good about what we do, and energizes us to pursue our tasks. When the sensitivity to the reward system diminishes, then there is a natural inclination in any human being to go for higher risks and adventures to fulfill his or her own reward requirements.

You will see the refinement of gambling from the sporting arenas of the past to the technologically advanced online betting of the present. The elements of risk and chance get refined when it draws upon the faculties of judgment and desire to seek novelty. This is really one of the reasons to understand that betting is not just a mindless game of chance but it involves judgment as well.

In our information-loaded era, sports betting moves more towards knowledge and judgment, and surely the elements of chance bring in the novelty and the fun factor. The smart ones are able to distinguish between good and bad, and thus create their own systems. Tracking trends, movements and the ability to handle complex data at ease, calls for a smart mind that craves to sharpen itself on the go. When winning is thrilling, loosing itself adds to valuable learning data gathering process.

Now the players of the game involve the audience too; the adrenalin rush is all over, both on and off the field.

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Historical perspective of sports betting

Historical perspective of sports betting

Since medieval times men and women have always loved to gamble. The thrill of the unexpected has always intoxicated them. With little forms of entertainment available, gathering together during sports events was a huge release. And to wager on any of the games was the perfect thrill. One did not lose much and the chance of winning a big prize was seductive.

It is reported that archeologists found small objects which looked very suspiciously like dice. But has never been proven.

The earliest evidence of organized sports betting can be traced back to the chariot races of the Roman Emperors. As it is now the Romans formed betting syndicates on a particular chariot or a favorite charioteer. It is said that in the Roman provinces battles were lost and won all due to the fixing of a chariot race.

Greyhound racing which exists even now can be traced back to King Canute of England as early as 1014 who decreed that only the nobility could bet on these graceful canines. Sports betting was a big deal even then.

Greyhound racing eventually evolved itself into horse racing. And in the beginning it was mostly the gentry who wagered on the horses. Eventually it permeated down to all classes of society.

It is said that horse racing was such a rage in the US that millions of so called "saloons" mushroomed throughout the country. All of them connected by telegraph wires to announce the results, albeit a little later than the actual time of the race.

A classic example of how a bunch of conmen used this time lag to make a huge fortune was portrayed in that classic award winning film “The Sting" with Robert Redford, Paul Newman and Robert Shaw.

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Red Card Refund Sports Betting Promotion

Red Card Refund Sports Betting Promotion

The Sports Bet Club and The Royal Flush Club in association with Unibet is pleased to present you with an excellent opportunity to profit in the run up to the Europa League Final between Athletico Madrid and Fulham FC this Wednesday, 12th May 2010.

Unibet will refund all losing Correct Score bets if any Athletico Madrid player receives a Red Card!

This offer is available to all your New and existing Unibet players – so don’t miss out!

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Regulated Sports Betting Required

Regulated Sports Betting Required – NYC Police

The New York City police commissioner said that illegal betting is bad for the society. It has been reported a number of times by gambling analysts, that sports gambling should be regulated to curb the increasing sports betting black market.

According to Raymond W. Kelly, “Illegal gambling and money laundering are not victimless crimes.” He further added, “The proceeds from illegal sports betting are used to fuel organized crime and support harmful criminal enterprises.”

NYC police chief says that despite the national ban against the sports betting activity, it continues in untaxed and illegal way. New Jersey and Delaware are the leading states that are fighting against the Justice Department, and NFL, and want sports gambling to be legal.

NFL defies the claims of having high number of sports betters, by saying that only a small percentage of fans are into sports betting. They say that betting on football involves dealings worth many billion dollars.

Illegal sports’ betting is harmful, both for government and consumers. This activity should be regulates so that the state can earn revenues, and consumer’s interests can be protected.

Raymond Kelly also announced the capture of about 40 people from a few states, who took about 200 million dollars over 3 years. The commissioner also felt the requirement to control the sports betting activity, for the benefit of both government, and betters.

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Beginning with sports betting

Beginning with sports betting

If you like sports, then you must know that sports betting happens almost in every professional game, and in some cases, even in college games.

Before you try your hand at betting at major games, you need to find a betting outlet.

Find an outlet

The first thing that you have to do is to look for an outlet where you can place your bets. Sports’ betting is legal at many places, and all you have to do is find an organization that accepts bets. There are many places where it is illegal, and is done by online sports books or bookies.

Finding an online sports book is easier than finding a non virtual bookie. This is because the online bookies will accept anyone from around the world. But before you invest your money anywhere, make sure that the bookie is trustworthy. There are many bookies that might con you out of your money, so spend some time in research before you go for these online books. For all the latest reviews on online sports bet sites visit the sports bet club!

If you have found a place to bet, all you need to do is to make your wagers. But you might soon understand that picking winners is not as easy as it might sound. You need to do a lot of research, and equip yourself with good information, before you can begin with actually placing a bet.

Once you take the plunge, be prepared for wins as well as losses. Make sure that the losses don’t get you down- it’s all a part of the game.

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Top tips for Poker

Top tips for Poker

Poker is an exciting game, and almost everyone tries to get his hands wet in it. If you are a novice player looking for some tips to become a better player, you have come to the right place. Some quick tips are listed below.

1. Drunk?

Sometimes you just play for fun. It’s cool if you are playing with friends, but while playing at a casino, make sure you are not high on alcohol. Sure, a couple of drinks make you relax, but just one too many might turn you into a loser. So stay away from it.

2. Fold more

New players do not know the tricks and play just too many hands. If you do not have a good hand, staying at it is not a wise decision. You might want to play more- but it will all be losing more.

3. Bluffing rules

Bluff when the situation calls for it. You don’t exactly ‘have to’ bluff. There are many cases when you can win a game without even bluffing once. If there is no need for bluffing, it is better you don’t.

4. Bad mood? Don’t play

When you are feeling low, or depressed, or having a bad day in general, it is better that you don’t play, rather than play and lose. Even if you are playing in a bad mood, make sure you keep your calm. If you cannot keep your calm, relax a bit. You can always play later.

These tips will help you play better at poker. I have more tips in my stock. My next post will talk about some more tips for the novice player.

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Sports Betting

Sports Betting

Sports’ betting is an ancient tradition. However, with time, its nuances have changed to being more modern and chic. With betting enthusiasts always in the offing, sports’ betting has now become serious business. Wall Street Journal has estimated that 100 million Americans bet close to $100 billion on sporting events every year. Surely, $100 billion is no joke. Here are a few tips on betting for the avid sports’ betting enthusiast.

1. Decide a sport you want to bet on and buy a sports book to guide you through the ins and outs of the game. Select a wager outlet, where the best choice is that of an online one. Online sportsbooks are fairer in terms of the odds of winning for the bettors as well as payouts when it is time for payment. They charge a commission to get your betting fundamentals right and also play on your behalf. Since they are large companies, they also ensure the best for you as a bettor.

2. Money management is as important in this business. It reduces the risk involved in betting on anything. It is highly advisable to think about your bankroll and then establish the bet size.

3. Set your expectations. You will not win every time, that’s for sure. It’s a surprising fact that winners in this game hardly win 60% of the time that they play. It is important to realise that like in any other profession, hard work, discipline, and practice pays here as well.

So get going on sports’ betting… you deserve the best.

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