Tag Archives: sports book
Calling All Millionaires. Building an Online Poker Empire (Page 1 of 2)
The internet has opened doors to miraculous opportunities. Every person around the world can literally become your customer if you have the right product or service to offer them. Many people have become wealthy because of the internet, but some have become mega wealthy.
The online gaming industry has produced multiple Billionaires over the last 7 years. That’s billionaire with a B. Take Ruth parasol, the co founder of Party poker (Party Gaming). Ruth standed to make an additional $683 million the day her company went public. Then, there is Calvin Ayre. He founded the Bodog sports book empire. Bodog takes hundreds of millions of dollars in beting action each year.
There appears to be a shroud of mystery around the legality of online gaming. At times, the United States government has intervened and tried to police the world as one nation. The interesting thing to note is that there are many variables to setting up and doing business as an online gaming company. US citizen or not, the US government has only gone after sports book and sports book processing companies.
In the past 7 years, US citizens contributed most of the online gaming revenue globally. In the past two years, things have really started to change. Regardless of recent US law changes, US players really haven’t slowed down with online gaming. Online gaming is growing at a cancerous rate. This is because of internet broadband expansion on a global basis. Citizens from other countries across the globe are starting to place wagers online. They are finally able to do so because of high speed internet access availability..
If every US citizen stopped placing wagers online today, the online global gaming industry would still grow at an alarming rate. What’s even more interesting, is that NOT one US citizen has ever been prosecuted by the US government for taking wagers online from non-us citizens outside of this country.
Thanks to client language software (software that runs in different languages), it is now possible to market gaming globally and successfully. You can be a US citizen, and legally own and operate an online casino, poker room, and or sports book, providing that NONE of your customers are in the United States, or are US citizens.
The recent US law banning US poker may get repealed this month. You can learn more about that by researching the UIGEA repeal ACT to be held on September, 26th, 2007. Not to mention, it looks like the government will never go after poker rooms due to the public unrest involved against the law. There are at least 5 large successful poker rooms that still take US players. They promote their poker sites all over television with US poker celebrities as their spokesmen. They are Poker Stars, Ultimate Bet, Full Tilt Poker, Absolute Poker, and Doyles Room. One of the founders of Doyles Room is Doyle Brunson. Doyle lives in Nevada and doesn’t hide under his bed. The only type of gaming site that the US government has ever gone after is a sports book. The only type of processing company the US government has ever gone after is a processing company that would process the sports books deposits/withdrawals.
Great Sports Book
I have used many sports books that are online these days, and for the most part they seem good, but one sports book in particular stood out to me. That was sportsbook.com. Credit card accepting was a breeze, which can be difficult on most sites, but at sportsbook it was fast an easy. I didn’t have to call anyone or set up new accounts on netTeller, or anything. So I noticed that right off the bat as by far the biggest advantage that sportsbook has on their competition.
Then I started to notice that when ever me and the guys got around to watch some college football, that my odds were lower than theirs. I will do their sports book a favor and not mention who they use. But sometimes it was 1/2 a point, which is the difference between a push and a loss or a win!! Thats a big deal when you have a couple hundred riding on the game. Another thing I started to notice, especially on basketball games, is that they got their odds out faster than other sites. This is an advantage when you want to do some research before you go and lay money down.
Other things that Sportsbook.com has going for itself, is that they had some neat flash casino games. And playing around with 5 bucks I was able to turn that money into 150 bucks. Which of course is all just dumb luck on a silly slot machine I was fooling with. So i figured since I had this extra cash I might as well go and play some Hold’em, which was nothing special but a fast download.
As a few weeks went by I started to notice that they have some really great promos. Such as the perfect parlay, which is free to play, for the NFL and if you pick all the games right you get 100,000 bucks. For free!!! It takes like 10 minutes and you might actually win, which I thought was cool. They also have cash back on losing bets for the playoffs, and some special basketball promos as well. All in all I think this sports book is top notch and will keep my business for a while. You should check it out. But If you do so Please visit them through my site listed in resources, its only fair since I told you about them and how good they were to me.