With so many opportunities available online to gamble, its no wonder that users across the globe spend hours of their time and hundreds of their hard earned dollars on playing their favourite games. These are both resources that matter a lot to an individual, especially money. Since you are not handing over hard cash every time you lose a bet, it is very easy to lose track of the amount of money spent in an online casino.
Because of these issues, there has been an increase in the number of cases of online debts. In this article, I have underlined legal issues related to gambling online as well as how a player can handle online debts from burdening his life.
The legal aspect…
First off, let’s understand that the person or company you owe an online debt to makes a lot of difference. For instance, it is legal to gamble on credit. However, if a debt is incurred, it cannot be enforced through the law. Keep in mind that if this debt is owed to the casino, it cannot be enforced. However, if you use your own credit card to pay for online gambles, then you are liable to pay the debt since you owe it to the credit card company. In fact, credit cards cannot be used to pay for online gambles under the US law.
Dealing with online gambling debts
Two issues crop up here – the debt to be paid as well as the habit of gambling that led to the debt. While the first can be paid off, a similar situation can arise because the person is an addictive gambler. Let’s consider the first one here. Paying off your debt will mean you borrow from elsewhere to pay off this money. However, this does not change the debt situation. It only changes the person to whom the debt has to be paid. A simpler and more agreeable solution would be to talk to your creditors and work out a method of repayment that would enable you to repay the money without going further in debt.
What leads to online gambling debts?
There are several factors that can cause people to become addicted to gambling. These are:
1. Its fun: It is an exciting game and gets you all charged up. What starts with entertainment soon becomes an addiction.
2. Money matters: The allure of winning money to solve all monetary problems brings gamblers back to the casino again and again. When they lose, they play more to recover losses, getting stuck in a vicious cycle.
3. Addiction: Once people have become compulsive gamblers, they have no choice but to keep playing since it is the only thing that makes them feel better.
How to spot the warning signs…
Ask yourself the following questions. If the answer to any one of them is yes, then you know you have a problem.
1. Are you continuously thinking about gambling in your free time and how soon you can get back to it?
2. Has gambling made you miss work?
3. Whether you win or lose, do you feel like gambling again after?
4. Are you spending an increasing amount of time gambling – whether online or in live casinos?
5. Are you hiding your gambling tendencies from friends and family?
Ways to deal with this addiction…
Try these simple ways to control and even put a stop to your gambling tendencies…
1. Let your friends and family know of your problem and ask them for help.
2. Stop playing online and cancel whatever accounts you may have with websites.
3. Install software in your computer that blocks your entry into gambling websites.
4. Maintain a ledger of your expenditure and drive home the fact that your money is real.
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There are two things that you can do when it comes to mastering poker strategy. One is to learn the basic poker strategy for each of the games that interest you or you can choose to specialize in a single online poker game and then master that one. On the other hand if you are relying totally on luck and not interested in memorizing the charts to bring you the riches then it is good if you do follow a few guidelines and then cash out when you are a little ahead of the online poker game that you are playing.
Strategies that you can follow for your video poker games
So here are a few good thumb rule poker strategies that are based on the cards that are first dealt to you by a machine that will give you your money in return for a high pair. This is for online poker games. Here the tip is based on a fact that you generally are not dealt with a possibility of any sort for higher paying hands. According to this online poker tip if you have no pair then you have to throw away the cards and then pray to get a better hand. If however you do get a pair then you can keep the pair and go on to draw about three cards.
Do not keep any other card in hand. Some people in many cases think that as a machine pays off even for jacks they tend to keep the jack and any higher pair that they can get hold of. This might not in any case increase the chances for you to win the game. According to some online poker tips this is what decreases the chances of you winning the game significantly. If you do get a hair pair then do keep the pairs in hand unless you have cards numbering to three or even four to a straight flush, a royal flush or any of the three paying hands that are listed on your machine. Now come more options. What if you do have two pairs? Then hold both these pairs and then pick a single card.
More tips to make more money
Do not ever draw to inside straights. Keep them so that you may end up getting a royal flush which everyone is looking to get. Always keep three of a kind and then draw two more cards. Keep four card draws that may help in high pay backs. Always make sure that you hold a full house. This consists of five and four of a kind a straight and a royal flush.
Do remember that these are not the only strategies. This is one of them you can have another one million to help you play better and win many more games.
Like many others, glamorous casinos ruled my fantasies for many years. More so, because I have seen people turning themselves from beggars to kings, all that in less than a year. It was just a few days back, when I actually got an opportunity to witness the fiesta myself by playing poker and realised the various sublimed secrets of this game.
Unlike most of the betting games, it is not only your luck, which will make you a winner while playing poker. Although it covers a good bite, the knowledge of some smart logical moves is necessary to become a good poker player. The strategy after having a good hand should be building the pot high enough by betting aggressively and raising the betting amount quickly but logically.
Observing the betting habits of your opponent is also highly required so that you can predict his future moves and properly guess the status and position of your opponent. Another point worth mentioning would be stealing the pots while playing at a loose table. It can be quite tricky but after winning, you could expect bigger payoffs. On the other hand, at a tight table, you should bet aggressively to win some early small pots, but be careful enough to avoid bluffs and forceful payments. Again, a watchful eye on the betting nature of other players will help you know the pros and cons associated with the table you are playing.
Although it had not turned out to be a charismatic night for me, I ended up with some good cash with a less than nominal investment. Thus, definitely, I can be marked as a good player and I am really looking forward to try my hands again!
Erick is one of the youngest poker pro’s playing at the Full Tilt Team. He is also one of the most colourful and vibrant players they have and casino expert. This guy is so resilient, he just never gives up. I remember an incident in 2007 when he had a famous prop bet with a couple of poker players. The temperature was soaring and the conditions were too hot to play. E-Dog as he is famously called, played out four rounds of consecutive golf and won the $350,000 bet. Such is the perseverance of this poker player.
With huge career earnings of almost $7.5 Million, Erick won the $5,000 Mixed Hold’em (Limit/No-Limit) event at the 2008 WSOP. He has a total of 23 cashes at the WSOP since he debuted in major tournaments in 2002. A baseball enthusiast, I read that Erick is a former all league quarterback and a baseball card dealer when he was 14. That is interesting trivia for a Poker star.
Lindgren has won 2 WPT championships, his first being the $4K No-Limit Hold’em Championship event in WPT 2002. He shared these experiences in his book on poker called the World Poker Tour: Making the final table. He won a second title in the form of the Poker Million III fetching himself $1 Million. For his outstanding performances, he was also judged the 2004 WPT player of the year.
Erick is of Swedish ancestry and is settled in Las Vegas, USA. He plays exclusively at the Full Tilt online poker rooms and can be seen setting the rooms alive often.