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Online Gambling

Internet Casinos Inc. (ICI), the world’s first online casino, started operating from August 18, 1995, with 18 different games. Since then more than 1,400 websites, mostly domiciled in small Caribbean islands, have given rise to an industry that grosses over $3 billion a year. In fact no business on the Internet earns more revenue than online gambling. Out of the estimated 14.5 million online gamblers, almost 30 per cent are from Asia.

A bet can be placed in minutes. Anyone with a credit card can set up an offshore currency account with a gambling site, leaving them free to place bets on sporting events like Wimbledon, cricket, horse racing and Formula One, or join a virtual casino to play slot machines, roulette, blackjack, poker etc. Companies like Flutter and Betmart accept bets on anything from who is going to win the Nobel Prize to whether Madonna is getting a divorce or not. Bets can range from a nickel to thousands of dollars and according to whether you win or lose the amount is automatically adjusted to your account. The final balance can then either be mailed to you or left for future bets.

The law relating to online gambling in India needs to be understood within the country’s socio-cultural context. At the outset, gambling, although not absolutely prohibited in India, does not receive express encouragement by policy makers. The Indian organized gambling industry is estimated to be worth around US$8 billion. While stringent laws have checked the proliferation of casinos and high street gaming centres as in many other countries, barring the state of Goa, the macau303 business remains the most post popular form of gambling.

Though gambling is not illegal, it is a highly controlled and regulated activity. Modern India is a quasi-federal Constitutional democracy and the powers to legislate are distributed at the federal as well as the state levels. Gambling features in List II of the Constitution of India, this implies that the state governments have the authority to enact laws in order to regulate gambling in the respective states. Thus, there is no single law governing gambling in the entire country. Different states have different laws governing gambling in addition to the laws that have an application across the country. While some states have banned lotteries, other states allow state government lotteries marketed and distributed in other lottery playing and promoting states through private entities.

Regulation of gambling

The courts have defined gambling as ‘the payment of a price for a chance to win a prize’. The dominant element of skill or chance shall determine the nature of the game. A game may be deemed to be gambling if the element of chance or luck predominates in deciding its outcome. As a result, Indian courts have held that betting on horse racing and a few card games are not gambling. The right to undertake the business of gambling and lotteries is not considered as a fundamental right protected by the Constitution of India. It may however be pointed out that the state government run lotteries make significant contributions to the state exchequer of several state governments and the Union government, and hence there is a resistance to complete prohibition.

The following legislation is pertinent to gambling:

The Public Gaming Act, 1867

This Act provides punishment for public gambling and for keeping of a ‘common gaming house’. This Act also authorises the state governments to enact laws to regulate public gambling in their respective jurisdictions. The penal legislations in respective states have been amended in accordance with their policy on gambling. However, this legislation does not have any direct impact on online gambling unless a wide interpretation is given to the definition of common gaming house so as to include virtual forums as well.

The Indian Contract Act, 1872 (ICA)

The ICA is a codified umbrella legislation that governs all commercial contracts in India. Under the ICA, a wagering contract is the one which cannot be enforced. The Act lays down; ‘Agreements by way of wager are void, and no suit shall be brought for recovering anything alleged to be won on any wager or entrusted to any person to abide by the result of any game or other uncertain event on which any wager is made’. Gambling, lottery and prize games have held to be wagering contracts and thus void and unenforceable. While a wagering contract is not illegal, it cannot be enforced in a court of law. Thus, the courts will not entertain any cause of action that arises out of a wagering contract.

Lotteries (Regulation) Act, 1998

This Act provides a framework for organizing lotteries in the country. Under this Act, the state governments have been authorized to promote as well as prohibit lotteries within their territorial jurisdiction. This Act also provides for the manner in which the lotteries are to be conducted and prescribes punishment in case of breach of its provision. Lotteries not authorized by the state have been made an offence under the Indian Penal Code. Several non-lottery playing states, like Gujarat and Uttar Pradesh, have prohibited the sale of other state-government lotteries under this Act.

Indian Penal Code, 1860

Section 294A deals with keeping lottery office. It says that whoever keeps any office or place for the purpose of drawing any lottery not being a State lottery or a lottery authorised by the State Government, shall be punished with imprisonment of either description for a term which may extend to six months, or with fine, or with both.

And whoever publishes any proposal to pay any sum, or to deliver any goods, or to do or forbear doing anything for the benefit of any person, on any event or contingency relative or applicable to the drawing of any ticket, lot, number or figure in any such lottery, shall be punished with fine which may extend to one thousand rupees.

Internet gambling

The law related to gambling is also applicable to online gambling. All gambling contracts are considered to be wagering contracts and it is not possible to enforce such contracts under the ICA, detailed above.

As pointed out earlier, the online lottery is the most popular form of internet gambling in India. Most companies marketing and distributing or conducting state government-sponsored lotteries through the internet are not allowed to sell their services in the states that banned lotteries. In most cases, these marketers and distributors limit their online services to consumers who are residents of the states where a lottery is permissible. Notwithstanding the fact there has been no reported case of breach by any company promoting online lotteries, most of these companies (as a safeguard) seek an undertaking from their consumers relating to their residence.

There have been instances where one state has banned the lottery of other states, including online lotteries. In a recent case, the Karnatka High Court upheld the decision of the Karnataka government to make itself a ‘lottery free zone’ by imposing a ban on lotteries of all other states, including online lotteries under the Lotteries (Regulation) Act 1998. The state government, in this case, directed the closure of the terminals and kiosks selling the online lotteries.

Enforcement over foreign jurisdictions

If the websites are hosted and operated from outside India, it may be difficult for the Indian authorities to issue any directive to close them down or prohibit their access without using its blocking powers under the ITA. The authorities have little to worry about, as Indian foreign exchange laws do not permit remittances outside India for gambling related activity, such as the purchase of lottery tickets, football pools and sweepstakes. As a result, a gambling website hosted outside India aiming at receiving money from within India cannot do so through legal channels.

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Economic News – Don’t Allow it to Affect Your Mindset

Everyday I make an extremely important choice when it comes to filtering all the info and news that I absorb, and I most definitely suggest that everyone do the exact same thing. After all, the more mainstream media has their job to do, and that job is to get all of us to absorb the news that they create for us. I believe that the majority would definitely side with me in my thinking that the mainstream media wants to sell us all on the sad stories and the impending doom. They don’t particularly want us to hear all about the great things that occur in our world’s and our country’s economy.

That’s not to say there isn’t bad stuff that’s going on out there. There certainly is. And they can definitely affect your business, but if you make the decision not to absorb all of that negative news you’re going to have an easier time absorbing the good news. As a result, your mindset will be affected in an excellent way.

warta ekonomi, don’t listen to the news from the cable guys and the networks. Seen the Headlines from the prominent papers? Small wonder that they’re also going out of business. Keep an eye on what you read and what you allow yourself to listen to. Absorb the good news thats out there. Like, for example, all of the success stories you can find in syndicated news that is focused on entrepreneurs. Places like Fast Company, Harvard Business Review, Inc. Entrepreneur, and Fortune Small Business, for example, are great places to get your news.

We all have options in how we set our filters when it comes to what sorts of information and news we take in each day. We can set our filters to get rid of all the junk and only let in the good stuff. We can choose to hang out with successful, cheery, and positive entrepreneurs who are continuing to be successful and growing all the time despite the current bad in the economy. If you position yourself properly you too, can grow in our current environment. There is just so many amazing success stories and great opportunities today to start and grow businesses. All it takes is proper focus and a positive outlook.

Make the decision to be positive and you’ll see some amazing things happen.

 

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Economic News – The Hype Versus the Reality

No wonder most people don’t understand the economy. Often what might seem good on one hand, has bad side effects on the other. For example, the stock market rises- one would think that was good! But that was mostly due to the rising price of oil- bad news. But, often the price of oil rises because the “experts” believe the economy is improving and thus more oil will be needed in production- good news! But that rise in oil prices causes the cost of living to increase- bad news. But that helps the Gross Domestic Product (GDP)- good news! But that then causes inflation- bad news. But that inflation means the economy is improving- good news! But then the Fed becomes concerned about inflation and raises interest rates- bad news! Which causes the value of the dollar to improve- good news! But that hurts exports because now American products cost more overseas- bad news! But that means foreign products cost less in the US- good news! But that hurts American companies competitiveness- bad news!

If we think that political analysis and political chatter is often more hype than anything else, the same can certainly be said about analyzing economic news! You can readily see why warta ekonomi often seems co confusing. Economic news often seems confusing because it is – – what is good for one consumer, might be bad for another- what is good for one company, bad for another- what might be good for one sector of economy- bad for others.

The stock market is often the most confusing. On days when there is “bad news,” the market often goes up, while on some “good news” days, the market sometimes goes down! While the Dow, or the S&P, etc., might go up, it does not mean that the stock(s) you own, will follow suit.

Too often, for the sake of a sound-byte, the media tries to over-simplify economic news. Yet the economy is by definition quite complex. The one issue there should be some agreement on is that high unemployment is not good. Yet even in that case, the “experts” can’t agree upon, nor act upon a viable solution.

The best way to think about the economy is this– the difference between a recession and a depression is that it’s a recession when it happens to someone else– it’s a depression when it happens to you!

It is my belief that a healthy economy requires certain factors to be in place – – low joblessness; high consumer confidence; a strong manufacturing sector; and reduced government deficits. That is what we must demand!

 

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Which Type Of Casino – Online Or Traditional?

Back in the early nineties before casinos came online, I used to visit my local casino in the city about two or three times a week to play roulette. Now, I don’t go at all. I now play all my casino games online in the comfort of my own home.

Since the introduction of online casinos in the mid-nineties, the growth and popularity has rocketed and will continue to grow due to the large internet population explosion. New casinos are appearing online almost on a weekly basis.

Compared to the traditional city casinos, the online casinos have many advantages, so lets look at some of them:

Any Time, Anywhere.

As long as you have access to a computer you can play online casino games 24hrs a day, it doesn’t matter where you are or where you live. If you happen to own a portable lap top computer you can play any game you choose while on the move, no longer are you restricted to set hours or locations.

No Need To Dress Up.

The traditional casinos usually have a stuffy dress code. In other words you need to wear the correct clothing outlined by the casino, and if your not dressed to their liking then you will not be allowed in. Not so with using the online casinos, you can even play in the nude you want, or maybe you just want to sit in you underwear!

The Weather’s Not A Problem.

With the online casinos you don’t have to venture out anywhere, just make yourself comfortable and log on to an online casino, pour yourself a drink, and start playing.

No Travel Required.

Why waste time and money travelling when all you have to do is switch on your pc? By the time you’ve travelled to and from your city casino, you could have played numerous games at an online casino in the comfort of your own surroundings.

The Safety Element.

There can be a safety issue when visiting the traditional casino, especially for women and people travelling on their own. The average casino can be a bit intimidating for single women so the online casinos provide an obvious solution by making it possible to play from home in safety. According to the media a very large percentage of online casino players are now female.

No Smoking Problems

Speaking from my own experiences I’ve found smoking to be a real problem especially when the daftar live casino become busy. It’s a known fact that most heavy gamblers seem to be heavy smokers too, and at times the smoke can become unbearable. Even with air conditioning and the extractor fans in operation the smoke never seems to clear properly.

No Crowds

If you’re a shy quiet person, then a busy casino is not for you. On a busy table, there can be a lot of noise as well as people pushing and shoving. At times it can be difficult to get near the table to place your bets. At home, you can play quietly on your own without all the hassles that we’ve already mentioned.

Many More Games Online.

The online casinos also offer many more games to choose from, far too many to mention in this article. Check it out for yourself, you’ll be amazed at the choice of games that the online casinos have to offer.

Methods Of Payment.

The traditional casinos usually only accept cash, but the online casinos offer dozens of ways of paying, mostly by credit card so there’s no need for hard cash.

Play For Free.

The online casinos will let you set up a dummy account so that you can practice without using real money. You can practice as long as you want until you’re confident enough to start playing for real.

Free Money.

Yes, free money. In order to get your business most casinos will offer you a free cash deposit. The amounts can be anything from $20 to $50, and in certain cases much higher so shop around for the best deals.

 

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Casino Players Safety – Wagering Tips

Casino is now gaining its popularity in the virtual world of gaming. Many of casino sites today had expand, by which new casino sites tends to increase from day-to-day. Due to its popularity, a lot of people are getting lured with it even though at times they haven’t got a lucky hand.

Playing at land based or even online casino considered a part of luck and skills, while some players know how to combined those strategies at their specific games, there are still who doesn’t know when they should bet or not.

Wagering is a term commonly used at 홀덤사이트 for betting on the games. This is one of the most important thing to consider if you do not want to end up losing all of your money for nothing. Wagering can be done depending on your interest, it includes teams, races, games and even players. In order to play the game, you are about to bet on the specific game you are in.

When you start placing your bets, you are about to take the risk of losing while hoping to have some luck as well. However, before starting to wager for casinos, you must bear on some important checks that you shouldn’t forget.

First and foremost is that to make sure of the game you are entering. You must be at least a bit familiar with the game, otherwise, if you are new with it, you should minimize the amount that you’ll be spending until you knew the game very well.

Second, you should look for the requirements or the Terms and Condition for the specific game of the casino. Most of the time, they have minimum amounts as well as limits.

Third, Keep your wagering at least secure as possible. Most reliable casinos wont let their players to risk their money, so they are into securing their customers information as well as funds. With this, most online casinos will assign you with number codes and passwords for your money’s safety. The need to keep those code safe is now your responsibility. Those codes will be the one to be utilized if you’ll plan to add more money or get some on your account.

 

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How to Check If an Online Casino Can Be Trusted

It is pointless to win in an online casino game but is unable to cash out the money or worse, find out that site in which you have spent hours and money betting in is an illegitimate one. There are several things you can check out to make sure that the online casino site is a trusted one. Here is a checklist of well, the things that you need to check:

1. Where the office is

Knowing where the office of the online casino that you are playing in is a good move because should you have any complaints about the company but are not getting any response through the communication that you have sent online, then you can redirect all communication to their office. Having a physical address also is a better indication that this casino is a legal one as those who have something to hide will not usually divulge their location, or even have one at all.

2. The registration and permit

This is the best way to determine if the casino is a legitimate one. Several online casinos would not hesitate to provide you this information, and you can always cross check this with the related government agencies if you doubt the authenticity of the details given to you. This is best done before participating in any 카지노 so that you are saved from being scammed.

3. Reviews

Just perform a Google search and you will be greeted with abundance of information. Reviews from fellow gamers are the best way to tell if the online casino is a trusted one. This is also a good way to know what are the plus points and the grouses that the others face while placing bets on the site.

4. Background check

This can be done online too. Details to take note of are the length of the time that the online casino has been in operation, are the amounts of payouts verified by auditors who are hired externally and how long is taken to process payouts. There are several sites which have been known to delay payment with the intention that you will give up and then play all those winnings back into the site.

5. Listed in the leading stock exchange

You will know that your funds are safe and secure if the casino company is listed in the stock exchange. Companies that are listed in the stock exchange have to abide by the regulations and legislation that are set by the federal government, so you’d know that the online casino is run legally by the law.

 

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Online Casino Games – The World’s Easiest

The online casino games truly are the best in terms of quality as well as ease of mechanics. You never have to think very hard if you want to play these games either in an online casino or in a real casino for that matter. Both arenas will surely allow you to win once you play their games. The online casino games include blackjack, keno and slots as well. An online casino truly has many options when it comes to gaming. This holds true also for a real casino in Vegas. You will never regret entering the gambling arena for as long as you live on earth.

Online casino games are very easy and do not require much thought. Unlike the role-playing strategy, these games are available in some online casino websites. If you are able to play these games, you will surely enjoy it without the hassle of too much thought as though you are in the real BetSoft Casino. Gambling games are very simple and only require you think about numbers that you want to bet on. In any case, if you do not win you will still be able to play for as long as you like in casinos. You will not have a hard time convincing the people around you to let you play some more as long as you have money to spend.

Although, you have to be very careful as to the amount of money you bet on a certain game. Some games have hidden rates that will kill you once you get too much money out of your pocket. This is why you have to be very careful in reading the rules and regulations of the game before playing. In any case, you can always go to the customer service to air your complaints if you have any. They are open twenty-four hours a day, seven days a week and would be willing to serve you in any way that they can. Casinos always make sure that they can offer the best service possible to their customers.

In addition to this, it is always a good thing to play casino games because it gives you an escape from your problems even for just a few hours. The good thing is you never have to leave your home to do this. You just have to have a personal computer available and internet access. Furthermore, this proves that there is nothing impossible with the internet. This just goes to show how innovative man can be once they use their intelligence for the good of the humankind. You will never go wrong if you use the technology for the good of others.

Moreover, these games will truly make you sharper as a person because you will learn to strategize and be cunning enough to beat your opponent in these games. Lastly, online casino games are very intelligently made in such a way that it is easy to understand much like the real casino games in Vegas. An online casino should have these easy casino games for beginners.

 

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How Video Slot Games Can Affect Your Anxiety Level

Off to Google I go. I Google the words “video slot games”, and the first couple of sites just do not peak my interest. I don’t even bother clicking them. The fourth one does pique my interest, so I click the link. The site seems full of pop-ups,so I back out of that one in a hurry, and nervously check my spyware for damage. Whew, all is well.

I finally come across what looks like a really nice site. Not too many flashy graphics. The
content seems to be well thought out and the owner of the site has really focused on what
he/she wants to sell me. I’ve decided that I didn’t want to fool around anymore with free
downloads that I wanted to try to win some big money. I decide to sign up, using my Neteller
account.

It was a lot of fun going through the site looking at all the great setups for different
slot online Indonesia. I DO like flash and color when I’m actually playing the slots. It takes me
back to New Orleans, when I played my very first slot machine one hot day in August, about a
hundred years ago. At least it seems that far away to me. I decide that before I start
pulling levers on my new game, I’d better pour me a glass of wine to bring back that
“Harrah’s” feeling from long ago.

I’m quite pleased with how easy it was to sign up for this site. I also liked the initial
bonus that I received. I had zero problems with getting my account started. It looks like
I’m in for a fun evening.

As I’m playing, and enjoying the bells and whistles, I start to wonder if I’m going to
actually win some money. I decide to raise my Maximum Bid somewhat. Ahh, that’s what I
needed. A chance to see some real winnings here! Of course, I win a few times per pull, then
lose a few times. I’m starting to wish and hope that I can at least come out even! Still,
I’m pouring my second glass now, and really getting hooked on this slot machine!

Well, wouldn’t you know it! My front door is making a weird knocking sound.I ignore it,
because I simply don’t want to stop my game. The door becomes louder now, more obnoxious.
It’s really making me mad. I pause my game, and find a human on the other end of my loud
door. I don’t recognize them. It’s some lady that smells funny, and wants to sell me
something. I rather impolitely ‘thanks but no thanks’ her, and shut my door. Now I’m
thinking of a rather mean ‘DO NOT DISTURB’ sign to put on my door, with a picture of a
really gnarly, nasty dog on it that looks to have a case of rabies. I wonder to myself if that would
work…..

I get back to my game. I’m on a roll. I’m starting to get back to where I was when I
started. Yahoo! I almost spill my drink right there on my keyboard. I realize now that there
is no turning back. I am in love with my new video slot machine. It’s become mine. All mine.
It is a thing of virtual beauty. I name it Harrah’s Honey. My bets get bolder, bigger. I
decide to go for all it’s got.

But suddenly, I’m back on a downward spiral. I am losing momentum. I see that big bonus
dwindling before my eyes. DON’T get GREEDY!I tell myself. SLOW DOWN. I do. I have created a
beast online.Or am I the beast. What am I doing??

I need to squelch my craving for my new toy now. I see myself losing my car, my house, all
for an addiction! Then I realize, wait a minute! This is a game! This is an online video
slot machine, not some big hairy monster that I often see chasing me in my dreams! It’s a
sweet little flashy slot machine that I can turn off and on with a click of my finger! I
sign out, and breathe.

 

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How to Make Money From Online Betting

We want to teach you how to win online betting without putting in any effort. This is important, especially for those who never win on online betting. The trick is actually simple. This method will guarantee you to make thousands of dollars from casinos. This is based on how casinos work on your money.

You need to know that bonus is something that gives you a way to raise lots of money. Casino owner knows how to take your money from you and always look for a way to make you แทงบอลออนไลน์ again. This is the trick came from.

Bonus is a multiple count of your money where its claimed as risk free techniques to put any bets. However, it seems you never enjoy it if you lose. As you know, every betting must involve two sides in an opposite. You can call it betting exchanges and bookmakers. Bookmakers like a friend of you that will win if you win.

Betting exchange is the enemy of you where they gain some money if you lose. Now, you can use this knowledge to make a profit on you. You can win and lose at the same time if you put two betting in the opposite. This is useless information for gamblers.

Now, we look at the money spot. They usually give bonus if you deposit your money or just for sign up (for some online casino website). However, it requires you to wager at least triple amount of bonus, which makes you hard and loses lots of money before reach this number.

You need to sign up to a bookmaker and betting exchange where you can raise a $100 bonus. Place one side to lose of another side where you must wait until the result comes out. Now, you have balance odds in your account. Try to do this at least two times to fulfill the withdraw requirements.

 

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Best Online Sports Betting Sites Exposed

Technology has certainly made its mark on the modern times. With the help of the newest technological innovations, everything has been made more convenient and accessible. One technological innovation in particular is the computer. Computers have been beneficial for research work and even for entertainment. Not only this, books can now be read and downloaded online. Looking for a job is made easier through the internet. Communication is enhanced through the help of electronic mail (popularly known as e-mail) and instant messaging as well. Plus, computer is also a source of income for some people. One popular use of the computer is gaming. There are those games played by the young ones who have nothing to do but to play. And there are also those played online. Plus, the internet offers different websites for people to visit and take part of. People who are into gambling, particularly those who are 먹튀폴리스 검증, usually visit different online sports betting sites which they think would be best for their bets.

Sports betting is simply a form of gambling wherein a person would bet on a team in any kind of sport and put money on that team. If the team of choice is victorious, he would get his money back plus profits. But if he loses, he would lose his money to the one who placed a bet on the winning team. This is very simple and has no complications. Usually, people betting on sports go to a betting house where all bets are placed. Fortunately, with the help of the computer, there are now those considered to be the “best” and most reputable online sports betting sites available to you. These sites can be found everywhere in the World Wide Web. With these sites, you can place bets without having to waste energy and effort. How do you know if these online sports betting sites are the best and can be trusted with your money? You can always ask other betters what site they prefer and if this site is credible. Also, they should have a good reputation. There are lots of online sports betting sites which have gained the trust of those sports betting enthusiasts and are now counted as one of the best.

There are numerous online sites which can help you bet on your sports team. One example is the VIP sports. VIP Sports is known to give the quality online betting all over the world. They give the finest selections of sports betting lines, ranging from the NBA, Formula 1, NFL, NASCAR, horse racing and of course the MLB or Major League Baseball, America’s #1 sport. Other sites like BetGameDay, BetCom and MyBookie are one of the best online sports betting sites in the whole world.

These sites are helpful for making betting easier for you, but they would not help you win. To win constantly on your bets on any sport of your choice, you would need to endow on a proven system that makes use of angles, trends and experiences to produce consistent wins and gives you profit.