Live Dealers Casino

How to Pick a Price Per Head Provider

2005-06-22T14:33:00.000-07:00

Featuring Dalton Wagner, Founder V.O. Group, S.A.

The number of Price Per Head providers has grown exponentially over the last twelve months with entrants to the marketplace almost daily. With so many choices, the big question is: “How do I know which Price Per Head provider or sports book to choose?”

When evaluating an offshore operation, it is often difficult to sort through the facts, for this reason, you must rely on the following to make a sound choice:

Years In Business: Make sure you choose a Price Per Head operator that has been in business for at least 6 years. A proven track record is a must. You can not afford to risk your clients or your sports season to a fly by night operator or ‘wanna be’ operator. Avoid new sportsbooks. Avoid anyone with an unreasonably low price (<$25/head/week) who may be attempting to gain entry into the market (sign of a new company).

Dalton Wagner Commentary: I invented the concept of PPH in 1999. I have the largest economies of scale and I write more PPH clients than anyone offshore. And, this is in addition to my sportsbook business, my casino business, my racebook business and my poker business. The fact is I make very little money at $25/head/week. It scares me to see new operators entering the market with prices as low as $25. I can tell you that unless they are writing over 15,000 head, they can not make it. Let me re-phrase that…if they are quoting prices as low as $25/head/week there is no way that they have enough employees to service an agent, there is no way they have tri-dundant phone service, there is no way they have tri-dundant internet service – in short, there is no way they can service an agent’s business well enough to help the agent grow. Secondly, PPH companies will lie to you about their company’s age. You must be able to verify the companies age. This is a must. Use Internic, use OSGA.com, and use ThePrescription.com. You must verify the facts.

Location: Check to make sure that the PPH provider you will outsource your clients to is licensed and legally able to service clients world-wide.

Dalton Wagner Commentary: There are only two locations that we know of that allow the outsourcing of bookmaking. The two locations are Costa Rica and Panama. The UK and Dutch Antilles to NOT allow this activity in their licenses. The only one you can trust at the current time is Costa Rica (as evidenced by the recent blow up of www.BetPanAm.com in Panama).

Reputation/Integrity: One of the best ways to make sure that your clients and your business will be safe with a provider is by checking their reputation. Use verifiable and known sources of information like the Off Shore Gaming Association, The Prescription, Bettors World, etc.

Dalton Wagner Commentary: If your outsourcing your business to someone, you expect them to treat it as their own. The person accepting the outsourcing better have a reputation as strong as or stronger than yours. This is the only way you should trust your business to them. One additional note, if the PPH Company also has a post-up division, check the reputation of the post-up side of the company. This will tell you volumes about the company. Rather, if the PPH company is tied to a loser post-up sportsbook or one that has a negative reputation, you know what to expect for your clients.

Service and Offerings: Reputable PPH companies are open 24-hours a day, 7-days a week, 365-days a year. They offer quarter lines, half time lines, game lines, money lines, propositions, multiple casinos, horse betting, and more. You are outsourcing to better service your clients – therefore service is one of the key deciding factors on who to go with.

Dalton Wagner Commentary: Simply put, the more accessible the service is and the more wagering options that exist, the more money the agent will make. You should consider the service mentioned above to be the minimum acceptable. Rather, if they have one casino – you should NOT work with them. If they do not have horses – you should NOT work with them. If they are not open 24-hours a day – you should NOT work with them, PERIOD!

Security: A PPH company must have safeguards and must keep your information and clients secure and anonymous If the company you are considering is publicly held, then your security is compromised (it CAN BE accessed via the government). If the company you are considering has integrity issues, you can assume your data will be passed on to the wrong people.

Dalton Wagner Commentary: Security is the ultimate issue. Our company has had the opportunity to be purchased or taken public on multiple occasions. We decided not to do so because it would put our clients/agents/bookmakers in a compromised situation. Partner agents and bookmakers use our service because our integrity and the security of their data is complete.

Additional Information on a Price Per Head Agency Relationship (also known as outsourcing, outsourced bookmaking, sportsbook agent, sportsbook service, call center outsourcing, etc.):

The concept of Price Per Head Agency or Outsourcing Bookmaking to an Offshore Sports book has become popular recently. By using software written by offshore sports books, agents or illegal credit bookmakers have the ability to outsource the writing of their business to companies like www.BettorsNet.com (owned by V.O. Group, S.A. one of the largest and most respected offshore operators in the world – contact is 1-877-512-1001). Therefore, the agent or bookmaker simply points their clients to a phone number and/or website and allows them to bet with a simple Pin/Password system. The agent or bookmaker then pulls reports at the end of the week, and pays or collects what the client won or lost. The only money that trades hands between the agent or bookmaker and the service provider is a simple Price Per Head service fee.

Obvious benefits of the Price Per Head Agency relationship are (i) improved earning potential for the agent, (ii) decreased legal exposure for the agent, (iii) increased customer service for the agent’s clients, and (iv) ability for the agent to do something other than answer wagering calls (they actually get time to enjoy the money they are earning).

Dalton Wagner’s commentary is found throughout the above. Mr. Wagner has the reputation of being the most innovative operator in offshore gaming and the largest Price Per Head operator offshore. His most recent innovation has allowed small sportsbooks to outsource their complete operation to V.O. Group, S.A. while focusing completely on marketing. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 operators offshore (as measured by AnteUp; Gambling Online Magazine; Poker Player Magazine; and Many other Publications).

BetCris.com Opinion on Price Per Head Explored

2005-06-22T07:37:00.000-07:00

Featuring Dalton Wagner, Founder V.O. Group, S.A.

The concept of Price Per Head Agency or Outsourcing Bookmaking to an Offshore Sports book has become popular recently. By using software written by offshore sports books, agents or illegal credit bookmakers have the ability to outsource the writing of their business to companies like www.BettorsNet.com. Therefore, the agent or bookmaker simply points their clients to a phone number and/or website and allows them to bet with a simple Pin/Password system. The agent or bookmaker then pulls reports at the end of the week, and pays or collects what the client won or lost. The only money that trades hands between the agent or bookmaker and the service provider is a simple Price Per Head service fee.

This new system is a departure from the way it used to work in which the agent would split the winnings or losings with the offshore sportsbook.

Obvious benefits of the Price Per Head Agency relationship are (i) improved earning potential for the agent, (ii) decreased legal exposure for the agent, (iii) increased customer service for the agent’s clients, and (iv) ability for the agent to do something other than answer wagering calls (they actually get time to enjoy the money they are earning).

There has been much debate over which of the two methods is better for the partner agent or bookmaker. In an effort to get to the bottom of this, we attempted to contact the dominant player in each of the models:

Revenue Split Model: The owners of www.BetCris.com (Costa Rica International Sportsbook is a well known offshore credit bookmaker who operates only on a revenue split model) were contacted but refused to return our call or comment;

Price Per Head Agency Model: Dalton Wagner, proprietor of V.O. Group, S.A. and BettorsNet.com (one of the largest offshore gambling operators who only operates on a Price Per Head basis when dealing with credit agents) was contacted and agreed to be interviewed.

Unfortunately, since only one of the persons contacted agreed to participate, our interview will show mostly his view. However, we did our best to probe the positives and negatives of each model.

Post-Up Newsletter: The Price Per Head model appears to be the most appropriate model for an agent or bookmaker to maximize his revenue. Why then are companies like www.BetCris.com so against them?
D. Wagner: The answer is simple dollars and cents. If you have a client that loses $10,000 in a week and you have a Price Per Head Agency relationship with www.BettorsNet.com, you will simply need to pay your service fee of $25-$30 for that client using our service. However, if you are using a revenue split relationship, you will have to fork over $5,000. So, in the example you provided, companies like the one you mentioned are in danger of losing $4,970 in revenue if their agents find out about PPH.

Post-Up Newsletter: Yes, I understand the math, but when speaking to companies like www.BetCris.com they act as if the PPH industry is putting the offshore industry in danger. They speak of people like you as if you had the plague. Why?
D. Wagner: I know the gentleman that owns Bet Cris. I know the guys who run Bet Cris. They are the best in the world at what they do. There is no way I would dispute that and no way anyone would dispute that. But, BetCris.com can not exist by taking all of their revenue split relationships and having them converted to PPH. So, if I had to guess, they act that way because I am endangering their way of life. I have actually had conversations with the owner of BetCris.com and he firmly feels that he provides his agents a better opportunity to earn more, therefore he feels his much higher price is warranted. I don’t know if I agree, but I think it best for my reputation to speak for itself. The fact is that I have NEVER had an agent or bookmaker come to me who switched to PPH from revenue split EVER GO BACK. 100% of the people who have tried my service are still with me from day 1. That shows me that agents do not agree with BetCris.com. They think the service is comparable and they think the earning potential is greater with www.BettorsNet.com.

Post-Up Newsletter: I am lost. Why does the owner of BetCris.com feel he provides his agents a better opportunity to earn more? The math seems obvious.
D. Wagner: Actually, I agree with him in one way and one way only. If an agent is weak and is booking ‘over his head’ (an industry term that implies the bookmaker or agent is taking more risk than they can afford in the long term), then a partnership with www.BetCris.com can be a positive thing. Not only do you share 50% of your revenue with them on a revenue split relationship, but you also share 50% of the risk. So, if you are an agent that has a bettor that wants to bet $5,000 a game, and you can only afford to book $2,500, then a partnership with Bet Cris is a good thing and will allow you to stay in business longer. You should never ever book over your head.

Post-Up Newsletter: Oh, I see. So that is an example of an agent you would tell to use a revenue split model, right?
D. Wagner: Yes. And, No. Yes, if the agent plans on booking over his head for the long term. No, if he can cut his client down to an acceptable level and keep all the profit for himself. Then, when the agent or partner bookmaker has a large enough bank roll, he can open the client up to the larger wagers. I still believe, and I believe the math proves that PPH is always bettor for the agent.

Post-Up Newsletter: Are there any other Price Per Head agency companies that you would recommend?
D. Wagner: Absolutely NOT. Please print that in big bold letters. It is difficult for any company in our industry to survive. The overhead is huge. Most Price Per Head companies have come to Costa Rica or Panama or Antigua to try and compete with just Price Per Head revenue. Trust me, I have been doing this for 7 years, and PPH does NOT generate enough for survival. You have to build a relationship with a company that has a huge staff, technical know-how, tri-dundant phones, tri-dundant internet service, millions of dollars in investment in hardware and software – and, we are the only ones that have it at the current time. Why? Because we have been operating major post-up brands for years. We are one of the most successful operators offshore and we are able to write PPH as a sideline business. We could NEVER survive on PPH alone. And, anyone who says they can, is lying to you. The guys who say they can write business at $17or $20/head are on their way out – they just don’t know it yet.

Post-Up Newsletter: So how does a bookmaker or agent learn more about this?
D. Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Additional Information on the Companies Mentioned Above:

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has survived multiple buyout attempts and maintains one of the largest privately held offshore gaming companies in the industry. While the rest of the industry is going public and being required to provide more and more information in a public format, Mr. Wagner’s privately held company is a favorite associate and partner for bookmakers and agents onshore. Privacy is one thing you never have to worry about when dealing with Dalton and V.O. Group, S.A. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 most admired offshore companies (as measured by Online Gambling Magazine; Post-Up Newsletter; Offshore Operator Industry Magazine; and Many other Publications). If you are looking for a Price Per Head Agency relationship, there is no place better online or offshore.

BetCris.com is considered the undisputed leader in offshore credit bookmaking. The owner of the company has been called the Godfather of the Offshore Bookmaking Industry in many publications. It is estimated that 90% of Costa Rica International Sportsbooks revenue is generated via revenue splits with Partner Agents and Bookmakers. If you are looking for a Revenue Split relationship, there is no place better online or offshore.

Success With Price Per Head (Small Sportsbook Success)

2005-06-21T10:50:00.000-07:00

Case Study in Small Sportsbook Success via Use of Price Per Head (PPH) Software Written and Owned by V.O. Group, S.A., the most successful offshore sportsbook in Costa Rica.

Price Per Head vs. Small Sportsbook Operation

Featuring Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of being the most innovative operator in offshore gaming. His most recent innovation has allowed small sportsbooks to outsource their complete operation to V.O. Group, S.A. while focusing completely on marketing. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 operators offshore (as measured by AnteUp; Gambling Online Magazine; Poker Player Magazine; and Many other Publications).

Playing Poker Online Magazine: Recently we have been told that V.O. Group, S.A. is now allowing small sportsbook operations to outsource the complete writing of their business to your organization. How is this possible?
Wagner: The situation you speak about is 100% true. However, has only happened one time in our history.

Playing Poker Online Magazine: Can you be more specific?
Wagner: When an offshore sportsbook starts, in 99% of all cases it will fail in the first 24 months of operations given the current market conditions. Examples are everywhere from The Dunes, Platinum, Super Sports Book, etc. It happens every single year. In the past, large sportsbooks like MVP Sportsbook or V-Wager.com would swoop in and try to save the books via financial help or simply buy them at a low price. Well, V.O. Group, S.A. now offers another more innovative solution.

Playing Poker Online Magazine: OK. You’ve got me, explain!
Wagner: We write business for onshore bookmakers and agents charging them a simple price per head per week. This price takes into consideration our considerable economies of scale and a small profit margin. In the case you are speaking of, instead of buying the sportsbook for a low cost that basically sent the owners home broken hearted and with empty pockets, we cut them a deal where they could focus on marketing and leverage off of our economies of scale. Simply put, we took over writing their business for them, and they now focus their limited resources on marketing 100% of the time.

Playing Poker Online Magazine: That sounds like snake oil. How exactly would that work?
Wagner: We don’t sell snake oil. The facts speak for themselves. When V.O. Group, S.A. opened it’s doors in 1998 the market was different. You could recruit players, write their business, and make a profit in years one, two and three. With the current market conditions, there is NO WAY a start up credit or post-up book can be profitable in year one, two or three without 2,000 head a week in business. That is the theoretical breakeven point. If you are writing less than 2,000 head a week, you can double or triple your net earn by letting V.O. Group, S.A. write your business.

Playing Poker Online Magazine: OK. That makes sense because in 1998 and 1999, it was cheaper to find a new client. Is that where the difference in earnings comes from?
Wagner: The fact is yes, that is where the difference is. But, that is not our selling point. Our selling point is that if you stop worrying about writing business and let us do it, you can focus on marketing – which is the key to the success of an online sportsbook. And, that is the simple fact for credit bookmaking, post-up bookmaking and future success in this industry. As long as you think ‘beating the clients’ is the key, you are limiting your business. Let our company worry about that – and, you find clients. Spend your time finding clients and you will make money.

Playing Poker Online Magazine: The theory is sound, but what about the facts?
Wagner: The owners of the sports operation in question do not want me to be specific about whom they are. But, let me simply say that when we took over their operations, they could not even make the post-up money good. Now they have $1.4 million in the bank. So, yes, the facts do follow the theory.

Playing Poker Online Magazine: Wow! That is incredible. Can any poker room, casino, racebook or sports book do this with V.O. Group, S.A.
Wagner: Yes. We have programs for all online products except for bingo. And, by 2006 we should be able to offer options for even bingo operators..

Playing Poker Online Magazine: So how does a bookmaker or current operation learn more about outsourcing their operations to V.O. Group, S.A.?
Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Article Note: The situation in this Case Study is a true case, however may not be representative of your situation. All situations are different and therefore may result differently.

Success With Price Per Head (One Agents Story)

2005-06-20T10:47:00.000-07:00

Case Study demonstrating one agents success via Use of Price Per Head (PPH) Software Written and Owned by V.O. Group, S.A., the most successful offshore sportsbook in Costa Rica.

Price Per Head vs. One Agents Old Operation

Featuring Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of being the most innovative operator in offshore gaming. His most recent innovation involves the direct attack upon the Onshore Bookmaking market via the unique value proposition of actually partnering with Bookmakers and Agents onshore (as opposed to attempting to steal their business). With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 operators offshore (as measured by AnteUp; Gambling Online Magazine; Poker Player Magazine; and Many other Publications).

Sports Betting Business: The ‘buzz’ in offshore gambling appears to be focusing on only two subjects as of late, including: Poker and Your Price Per Head Offering. What exactly is Price Per Head and Price Per Head Agency?
Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years (local guy = agent or corner bookie). The reason this market exists is the personal relationship that an onshore bookie or agent has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however V.O. Group, S.A. has decided to take another tact. Via our Price Per Head software written by Matthew Wilson, we have been able to PARTNER with onshore bookies or agents with our Price Per Head Agency Relationship.

Sports Betting Business: You called us with a specific Success Story that you said Had To Be Told Immediately! What in the heck could be so important?
Wagner: As the industry knows, we have been pushing Price Per Head Agency for a while now. We have a story that has to be told…it is that simple!

Sports Betting Business: OK. Go ahead and tell the story!
Wagner: The story starts with a gentleman named Paul Harris in Austin, Texas who is was a small town bookmaker making $250,000 a year in income.

Sports Betting Business: I already see where this is going. Now you are going to tell me of how V.O. Group, S.A. leveraged your PPH software and relationship with Paul to make him 30% or 50% more. Right?
Wagner: No, that is not the story at all. While 50% would truly be something to celebrate, it does not compare to this story!

Sports Betting Business: Stop already. Tell the story.
Wagner: Mr. Harris contacted V.O. Group, S.A. through our BettorsNet.com brand in August 2004, right before football season. After three phone calls we switched his 75 players from playing through his cell phone to playing via our website and call center. And, with the increased availability to the product, more offerings, and all the other items BettorsNet.com brings, guess how much Paul made?

Sports Betting Business: Well, since you did not bite on 50% more, I will say 100% more. But I doubt it!
Wagner: Yea, I doubt it too. How about 350% more. That’s right! I just ran the reports for Paul Harris and up to February 1, 2005, Paul has made $750,000.00.

Sports Betting Business: Wait, $750,000 is a hell of a lot more than 350% more. Isn’t it?
Wagner: Actually, if you take into consideration the decline we will see after the end of March Madness, he should easily make $1,200,000 this year. But, I didn’t want to overstate the facts!

Sports Betting Business: Are you telling me that by having you take the phone calls and do the accounting for Mr. Harris you made this difference in his life?
Wagner: That is exactly what I am saying!

Sports Betting Business: Was he that bad of a bookmaker?
Wagner: Well, I think we are better – but, he was fine. The increase doesn’t come from us beating his players more than he did. The increase comes from the product being available 24 hours a day and our company having more offerings. And, the secret ingredient helps too!

Sports Betting Business: Oh, I see. Instead of having his cell on for a few hours a day, you put the product in front of his clients all day and night for the buying. I see. But, what is the ‘secret ingredient’?
Wagner: The availability will make a person 100% more over night. But, the secret ingredient made the difference for Mr. Harris. And, the secret ingredient is TIME.

Sports Betting Business: OK, I am lost again. What does that mean?
Wagner: Paul Harris used to set lines, answer phone calls, watch games, grade wagers and keep figures. He did it so well, and so often he already lost his girlfriend. He simply spent all of his time operating as a bookie. When we took over, he became a RECRUITER. All Paul does now is sit in bars and recruit business. We write the business, and Paul grows his business daily. That is the secret ingredient.

Sports Betting Business: Ah, I see. He no longer spends time on the items that cost time and money…he spends his time on what makes him money – recruiting players!
Wagner: Christ! Your brilliant! It typically takes a bookmaker or agent about 3 months to figure that out. But, you, like Paul Harris already figured it out. You recruit, and I will beat them. Therefore the only thing that matters is getting more clients. The more you get, the more you will make.

Sports Betting Business: Of course I get it. That’s the Las Vegas model. Build in an edge and then find as many people to bet against the edge as possible. It’s simple!
Wagner: You sure make it sound simple. But, most bookies are stuck in the mode of trying to ‘beat the players’. The fact is that all you have to do is get a new client or two every day and you will be a millionaire over night. Simply ask Paul Harris who is on campus at University Of Texas recruiting players on 6th Street right now.

Sports Betting Business: So how does a bookmaker or agent learn more about this?
Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Success With Price Per Head (Agent Success)

2005-06-17T07:59:00.000-07:00

Case Study in Agent Success via Use of Price Per Head (PPH) Software Written and Owned by V.O. Group, S.A., the most successful offshore sportsbook in Costa Rica.

Price Per Head vs. Dollywood Sportsbook

Featuring Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of being the most innovative operator in offshore gaming. His most recent innovation involves the direct attack upon the Onshore Bookmaking market via the unique value proposition of actually partnering with Bookmakers and Agents onshore (as opposed to attempting to steal their business). With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998. While most companies formed that late failed, V.O. Group, S.A. has become one of the top 10 operators offshore (as measured by AnteUp; Gambling Online Magazine; Poker Player Magazine; and Many other Publications).

Online Gambling: The ‘buzz’ in offshore gambling appears to be focusing on only two subjects as of late, including: Poker and Your Price Per Head Offering. What exactly is Price Per Head and Price Per Head Agency?
Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years (local guy = agent or corner bookie). The reason this market exists is the personal relationship that an onshore bookie or agent has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however V.O. Group, S.A. has decided to take another tact. Via our Price Per Head software written by Matthew Wilson, we have been able to PARTNER with onshore bookies or agents with our Price Per Head Agency Relationship.

Online Gambling: OK. Be more specific. How does a Price Per Head Agency Relationship Work?
Wagner: Price Per Head Agency is based on the very fair and equitable agreement between an onshore bookie and an offshore bookmaker. The deal is based on the onshore bookie recruiting players and the offshore bookmaker setting lines, writing the business and handling all accounting for the onshore bookie. And, all the onshore bookie does is simply pay the offshore bookmaker an agreed upon price per head per week.

Online Gambling: So, opposed to paying the offshore bookmaker a percentage, they simply compensate them a fixed price.
Wagner: Absolutely. The fact is that offshore sportsbooks have been gouging the onshore bookie or agent for years. Our offering stops that action in it’s tracks.

Online Gambling: Gouging! That is a pretty strong comment. Can you back that up?
Wagner: Let me give you an example…and, you judge for yourself. The example of Jeff W. in San Jose, California comes to mind. Jeff contacted V.O. Group, S.A. in early October 2004 when he was writing 72 head of business making an average of 12 wagers a week of $152. Rather, his turnover per client was an average of $1,824.00 a week. Via his agreement with a sportsbook we will call Dollywood, he was splitting his earnings 50/50. Once he shifted the business through BettorsNet.com, he was paying $30 a head a week. So, would you call this gouging?

Online Gambling: Actually, the numbers sound good. But, I have to admit, I am not sure. Can you help me understand better?
Wagner: That is very good answer. Let me simply do the math for you to illustrate the facts, and then you will have a much clearer set of information to deal with. If your average player bets $1,824.00 a week on just straight bets, you should have a minimum hold of 4.5% (parlays, teasers and props have a MUCH HIGHER HOLD). So, that means you should make $82.08/person ($1,824.00 x 0.045). Then, multiply this by the number of head equals a theoretical earn of $5,909.76 ($82.08 x 72). So, this means he would make $2,954.88 per week and Dollywood would make $2,954.88 per week.

Online Gambling: Well, $2,954.88 per week sounds pretty strong if you ask me How does this compare to his using BettorsNet.com?
Wagner: When Jeff started using BettorsNet.com, we simply charge him $30 a head a week. Rather, $30 times $72 is $2,160.00, representing a savings of $794.88 a week, or $41,333.76 a year.

Online Gambling: So, by Jeff W. switching to V.O. Group, S.A. or BettorsNet.com he was able to make an extra $41,333.76 a year?
Wagner: No. Actually, he made $25,000 in the first three months because most of his players are far worse than the theoretical averages. Almost every one of his players bet a proposition or a teaser or a parlay at least once a week. And, holds on those bets are far greater than 4.5%. On top of that, his players also play in our racebook and casino losing much, much more than 4.5%.

Online Gambling: Oh, I see. If he would have used Dollywood, he would have simply split more profit with them. But, via BettorsNet.com, he was able to keep 100% of the extra earn because he had already compensated you for the $30/head.
Wagner: That is exactly correct. Jeff W. came down in January 2005 and I took him sail fishing. It is the first time I ever had a client pay my bill. Why? Because, and realize I am quoting here, Jeff states that I will make him an extra $100,000 this year alone.

Online Gambling: Wow! That is incredible. I bet large credit sportsbooks, like Dollywood, are quickly becoming unfavorable of your new product.
Wagner: Yes. They hate our new software offering! But, that is what you get when you take advantage of your clients or partners as they have. And, as far as I am concerned, credit shops with Agent Split Agreements have simply NOT been treating their partners fairly and now they will pay the bill.

Online Gambling: I must say, I agree that if your numbers are even close to correct, it appears that the credit shops that split the earn ARE GOUGING AGENTS AND ONSHORE BOOKMAKERS.
Wagner: Well, the facts speak for themselves. And, I am glad you see the facts for what they are.

Online Gambling: Is there ever a case where an onshore bookie or agent should opt for a split as opposed to a Price Per Head Agency agreement?
Wagner: Absolutely Yes. If you are starting up a new book, or if you need financial backing because you are not strong enough to support a losing week - then, you should opt for a split. The best way to judge this is simply look over your figures for the last year. Could you afford to pay out the worst week you had without going broke? If you answer yes – then, you should opt for PPH. If you could NOT afford to pay it, then you should opt for a split or not be in business at all.

Online Gambling: So how does a bookmaker learn more about this?
Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Article Note: Any assumption that “Dollywood” is related to “Hollywood Sportsbook” or “BetHollywood.com” or “BetAtHollywood” or “Hollywood International” is the assumption of the reader and not the responsibility of Gambling Online Magazine.

Innovation In Bookmaking

2005-06-14T07:42:00.001-07:00

Q & A with
Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of ferreting out new markets and attacking while other companies sit on their hindquarters and watch. One market that has always eluded offshore bookmakers is the ‘guy who likes dealing with his credit bookmaker’. Typically this market has been untouchable for the offshore bookmaker, but NOT for Dalton and V.O. Group, S.A. We had an opportunity to catch up with Dalton Wagner on his last visit to Panama.

Vegas Offshore: Tell us about this new product that you are calling your Price Per Head Agency Relationship.
Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years. The reason this market exists is the personal relationship that an onshore bookie has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however we have taken another tact. We have partnered with local bookies around the world to make their offering better and more valuable.

Vegas Offshore: So instead of attacking the local guy, you actually approach him with your offer?
Wagner: Exactly. The fact is that the relationship is the last thread holding clients to a local guy. Yes, there is the fact that the local guy extends credit, but with bonuses and promotions we can overcome that offering. The key is the relationship.

Vegas Offshore: I’m confused, please explain.
Wagner: As you know, the onshore bookmaking market has lost steam to the offshore providers like V.O. Group, S.A. The reason is that the offerings that I can provide are far superior to those that any onshore bookmaker can offer. The PPH concept is based on allowing the onshore bookmaker to provide his clients my offerings on a purely anonymous basis via an online automated tool. Rather, by signing up with my PPH service, an onshore bookmaker can compete with all offshore sportsbooks on equal footing offering 24-hour wagering, 365 days a year. All the bookmaker does is use an online system to assign PINs and PASSWORDs and pay me a small fee per week for the service.

Vegas Offshore: Wait a minute. So, this means that a small time operator in Cleveland, Ohio can offer all the same things that V.O. Group, S.A. does without making the multi-million dollar investment?
Wagner: Now your catching on. For as little as $25 per head per week, a guy in Ohio can compete with the biggest sportsbooks in the world. And, better yet, never answer another wagering phone call again.

Vegas Offshore: OK, I get it. They use your automated tool to drive their clients to your software online, and they simply pick up the figures at the end of the week.
Wagner: Exactly correct with one exception. Their clients can bet on the phone via our call center staffed with 250 people OR bet online. Again, they have access to all of the offerings V.O. Group, S.A. provides including call center access, client services and technical support.

Vegas Offshore: Is the PPH product only based on sports wagering?
Wagner: Very good question. The answer is no. We actually have the ability to offer clients two (2) casino products including blackjack, baccarat, slots, 3 card poker, roulette, etc. And, clients may also bet on horses at over 350 tracks worldwide.

Vegas Offshore: Wow! That truly is incredible. So, a bookie that has one client can compete with the likes of MVPsportsbook.com on equal footing?
Wagner: Exactly correct. But, there are two keys to the success of the product launch. The first is being able to compete head to head with the biggest sportsbooks in the world. But, arguably the most important factor is that since the onshore bookie no longer has to answer phones or track plays, he can spend all of his time picking up new clients, NOT writing bets.

Vegas Offshore: I remember that in a prior interview you had stated that the key is not winning, but finding more losers.
Wagner: An embarrassing quote, but true. Amateur bookmakers think that the key is to beat the clients you have. That is a huge mistake. The key to getting rich as a bookmaker is finding a new client every single day of the year. The numbers take care of themselves, the key is to get more and more people playing. That is the TRUE BEAUTY of the PPH software and agency relationship.

Vegas Offshore: Do you have any success stories to tell?
Wagner: I have many, but will tell you one that emphasizes what the PPH program can do. I have a bookmaker that has been working out of San Antonio, Texas for 10 years. The guy has historically made $200,000 a year from his 25 or 30 players. He was introduced to our product in July 2004, and today he is writing over 185 clients. The ability to outsource answering calls and writing tickets to us has allowed him to grow his business 600% and his revenue over 1000%.

Vegas Offshore: Why did his revenue grow more than his business? Is it because your lines are sharper than his?
Wagner: There you go again. That is the obvious mistake that everyone makes. Again, don’t worry about beating the clients. Worry about getting more clients to play. But, to answer your question directly, the ability for his clients to play in the casino, play 24 hours a day, play games/halves/quarters, props, etc. is where the extra revenue comes from. Our lines might be sharper, but the advantage is more clients betting more often.

Vegas Offshore: How many bookmakers do you currently work with?
Wagner: We are writing business for over 250 bookmakers now. Some represent groups as small as 2 or 3; and others represent groups as large as 500. Again, remember the key is finding as many clients as possible. If you get to where you are writing 15 clients or more, it is almost impossible to lose for an extended period of time.

Vegas Offshore: So how does a bookmaker learn more about this?
Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

State of the Offshore Gaming Industry

2005-06-14T07:42:00.000-07:00

Q & A with
Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of making one-dollar work like three in online marketing. With formidable competition, Mr. Wagner founded V.O. Group, S.A. in 1998 and has quickly risen to be one of the largest offshore operators in the world with over 50,000 active clients. We had an opportunity to catch up with Dalton Wagner on his last visit to Antigua.

Vegas Offshore: This year has been interesting for V.O. Group, S.A. and the offshore industry as a whole (advertising changes, etc.). How do you feel about the industry at the current time?
Wagner: I feel the industry is as strong as it has ever been. We are still finding that our advertising is bringing us new clients at an ever-growing rate. Some competitors are complaining that the crimp on advertising is affecting the industry, but we are not seeing this trend. Consolidation within the industry has begun, and I am sure you will continue to see smaller competitors gobbled up, and medium to larger companies merging. The weaker will go by the wayside.

Vegas Offshore: What about the rumors of V.O. Group, S.A. being bought?
Wagner: I am glad you used the term 'rumors'. The fact is that in July 2004 three suitors approached V.O. Group, S.A. because of our record-breaking profit year. In two of the cases we did see 'value' in a merger/relationship. However, at the end of the day, we could not come to terms that were agreeable on both sides. At this time V.O. Group, S.A. stands independent. And, we are happy being independent, profitable and growing.

Vegas Offshore: It is rumored that Bet On Sports (PLC; BSS.L) was one of the suitors. Is that true?
Wagner: There were three suitors that approached V.O. Group, S.A. And, in all cases confidentiality agreements were signed. For this reason, I cannot confirm or deny who any of the potential suitors were. What I can tell you is that one was a major sportsbook player, one was a major casino player and two were PLCs. I doubt that helps.

Vegas Offshore: Well, if Bet On Sports was involved, I bet you are happy you weren't involved in their November 24, 2004 stock debacle.
Wagner: The Bet On Sports stock debacle was an over-reaction by the market in my opinion. In one day you saw their stock drop 50% in value. And, the reason was poor performance in a very short period. If you looked at the other publicly held offshore gaming companies, you saw the same thing, just not as drastic as with BSS.L. Simply put, I know the founder of Bet On Sports, I know the management of Bet On Sports, I know the staff at Bet On Sports and I would not hesitate to invest in Bet On Sports. They were, and still are, undervalued in my opinion. They are a great competitor and a great company. I wish I had some of their stock at the new adjusted price. I just don't see how you can lose.

Vegas Offshore: It is rare to hear the 'competition' speaking so highly of a major competitor. Why would you do so?
Wagner: Simple. Bet On Sports is a great company. And, I am sure they would tell you the same about V.O. Group, S.A. The fact is, that there are companies out there that make our industry stronger. And, ones that make it weaker. Bet On Sports and V.O.Group, S.A. strive to make our industry stronger and more legitimate on a daily basis (as do BetCris.com; BoDog.com; etc.). What kind of ambassador for the industry would I be if I downplayed a 'good' competitor like Bet On Sports for my own benefit?

Vegas Offshore: If Bet On Sports did approach you, would you consider a merger?
Wagner: I like being independent. But, simply put, NEVER say NEVER.

Vegas Offshore: What of the rumors that you are looking at Panama as a potential relocation site?
Wagner: Our operation currently has offices in Costa Rica, Antigua and Belize. In Costa Rica we currently have over 400 employees. With employment costs in Costa Rica on the rise, the burden of Caja and the ever-changing political climate, we have looked at several alternative locations. One of the most desirable is/was Panama. However, due to the massive failure of BetPanAm.com and the political debacle involving their past gaming commission, we have decided to stay put for the current time. I think it is very safe to say that our primary location will be Costa Rica for the next 5 years. Pending any crazy licensing or governmental changes.

Vegas Offshore: I have visited your office in Antigua, however had no idea that you employed 400 individuals in Costa Rica. Why do you need such a large staff?
Wagner: Our industry has a reputation for being lazy and getting by on a shoestring budget. Most sportsbooks, casinos, racebooks and poker rooms answer phones when it is convenient and buy computers when the ones they are operating blow-up. Most are simply embarrassing to the legitimate operators. To run an operation like ours, servicing 50,000 bettors, you need lots of space, a 1st rate phone system, fiber and satellite phone and Internet backups, IT professionals, accounting professionals, etc. V.O. Group, S.A. is currently located in 35,000 square feet of space, operating 24-hours a day, 365 days a year, and we are busting at the seems. At the current time, we are negotiating to buy the building next to us for future expansion. I think we will employ 600 people come this same time next year.

Vegas Offshore: I have noticed that you are still branching into other products. How has this strategy worked for V.O. Group, S.A.?
Wagner: In 1998 we started with our sports product. We then branched into the casino product. In 2001 and 2002 we opened several major race books and poker rooms. The fact is that we are profitable in all products. However, our core product, and hub for our advertising, is focused on the sports product. The strategy has worked, but we will not desert our core product. You can look for our re-launch of interactive betting in early 2005 and bingo in mid 2005.

Vegas Offshore: What other changes do you see in 2005 for V.O. Group, S.A.
Wagner: I think you will see V.O. Group, S.A. work more on our Internet interface to make it more gamer-friendly; you will see our company move into land-based gaming; and you will see us acquire two or three smaller competitors. Rather, you will see what you have always seen, expansion.

Vegas Offshore: What other changes do you see in 2005 for the industry as a whole?
Wagner: The strong will get stronger. The weak will get weaker. And, the acquisition race will be on.

Bookmakers!

2005-03-14T14:57:00.000-08:00

Read Below To Earn More Cash Than Ever

Are you a onshore bookmaker that wants to Minimize Legal Exposure, Increase Potential Profits, Spend More Time Enjoying the Money You Are Making, and Grow Your Business Beyond Your Wildest Dreams? If you answered ‘YES’ to one or all of these questions, then you need to look at a Price Per Head Agent Relationship with our company.

The concept of a Price Per Head Agent Relationship is based on you, the onshore bookmaker, paying our company a service fee to offer the same services that we offer to thousands of clients (on an anonymous basis).

For the first time, you will be able to offer Internet and Phone access to Sports, Horse and Casino (2 casinos) wagering to all your current clients (via a simple PIN and PASSWORD betting system). No longer do you have to compete with offshore sportsbooks and lose clients. YOU WILL BE ABLE TO OFFER EVERYTHING THAT THEY OFFER!

We are Licensed to offer bookmaking services.

We have been in business for 7 years.

We write business for 15,000 clients daily.

We are open 24-hours a day, 7-days a week, 365 days a year.

We have over 500 operators standing by to make you money!

Take advantage of our $5,000,000 USD investment to make your services better than ever. No longer will you have to answer calls all Saturday and Sunday. No longer will you have to lose clients to the offshore bookmakers. No longer will you have to worry about having your door kicked in by the authorities. Now you can compete with the Big Boys! You will simply sit back, watch the games, and earn more than ever before.

To learn more, go to our website, and click on ‘Agents’. If you prefer to use a white-labeled site without bonus and promotional text, visit www.BettorsNet.com for more information.

We look forward to being your service provider.

Call 1-888-333-6914 for more information.

Innovation In Bookmaking

2005-03-14T13:35:00.000-08:00

Q & A with Dalton Wagner, Founder V.O. Group, S.A.

As Founder and Proprietor of V.O. Group, S.A., Dalton Wagner has the reputation of ferreting out new markets and attacking while other companies sit on their hindquarters and watch. One market that has always eluded offshore bookmakers is the ‘guy who likes dealing with his credit bookmaker’. Typically this market has been untouchable for the offshore bookmaker, but NOT for Dalton and V.O. Group, S.A. We had an opportunity to catch up with Dalton Wagner on his last visit to Panama.

Vegas Offshore: Tell us about this new product that you are calling your Price Per Head Agency Relationship.

Wagner: As you know, one market that a post-up sportsbook has historically been unable to attack is the huge market of bettors that have been betting with their local guy for years. The reason this market exists is the personal relationship that an onshore bookie has with his clients. Sportsbooks have attempted to educate the player and lure him away from the local bookie, however we have taken another tact. We have partnered with local bookies around the world to make their offering better and more valuable.

Vegas Offshore: So instead of attacking the local guy, you actually approach him with your offer?

Wagner: Exactly. The fact is that the relationship is the last thread holding clients to a local guy. Yes, there is the fact that the local guy extends credit, but with bonuses and promotions we can overcome that offering. The key is the relationship.

Vegas Offshore: I’m confused, please explain.

Wagner: As you know, the onshore bookmaking market has lost steam to the offshore providers like V.O. Group, S.A. The reason is that the offerings that I can provide are far superior to those that any onshore bookmaker can offer. The PPH concept is based on allowing the onshore bookmaker to provide his clients my offerings on a purely anonymous basis via an online automated tool. Rather, by signing up with my PPH service, an onshore bookmaker can compete with all offshore sportsbooks on equal footing offering 24-hour wagering, 365 days a year. All the bookmaker does is use an online system to assign PINs and PASSWORDs and pay me a small fee per week for the service.

Vegas Offshore: Wait a minute. So, this means that a small time operator in Cleveland, Ohio can offer all the same things that V.O. Group, S.A. does without making the multi-million dollar investment?

Wagner: Now your catching on. For as little as $25 per head per week, a guy in Ohio can compete with the biggest sportsbooks in the world. And, better yet, never answer another wagering phone call again.

Vegas Offshore: OK, I get it. They use your automated tool to drive their clients to your software online, and they simply pick up the figures at the end of the week.

Wagner: Exactly correct with one exception. Their clients can bet on the phone via our call center staffed with 250 people OR bet online. Again, they have access to all of the offerings V.O. Group, S.A. provides including call center access, client services and technical support.

Vegas Offshore: Is the PPH product only based on sports wagering?

Wagner: Very good question. The answer is no. We actually have the ability to offer clients two (2) casino products including blackjack, baccarat, slots, 3 card poker, roulette, etc. And, clients may also bet on horses at over 350 tracks worldwide.

Vegas Offshore: Wow! That truly is incredible. So, a bookie that has one client can compete with the likes of MVPsportsbook.com on equal footing?

Wagner: Exactly correct. But, there are two keys to the success of the product launch. The first is being able to compete head to head with the biggest sportsbooks in the world. But, arguably the most important factor is that since the onshore bookie no longer has to answer phones or track plays, he can spend all of his time picking up new clients, NOT writing bets.

Vegas Offshore: I remember that in a prior interview you had stated that the key is not winning, but finding more losers.

Wagner: An embarrassing quote, but true. Amateur bookmakers think that the key is to beat the clients you have. That is a huge mistake. The key to getting rich as a bookmaker is finding a new client every single day of the year. The numbers take care of themselves, the key is to get more and more people playing. That is the TRUE BEAUTY of the PPH software and agency relationship.

Vegas Offshore: Do you have any success stories to tell?

Wagner: I have many, but will tell you one that emphasizes what the PPH program can do. I have a bookmaker that has been working out of San Antonio, Texas for 10 years. The guy has historically made $200,000 a year from his 25 or 30 players. He was introduced to our product in July 2004, and today he is writing over 185 clients. The ability to outsource answering calls and writing tickets to us has allowed him to grow his business 600% and his revenue over 1000%.

Vegas Offshore: Why did his revenue grow more than his business? Is it because your lines are sharper than his?

Wagner: There you go again. That is the obvious mistake that everyone makes. Again, don’t worry about beating the clients. Worry about getting more clients to play. But, to answer your question directly, the ability for his clients to play in the casino, play 24 hours a day, play games/halves/quarters, props, etc. is where the extra revenue comes from. Our lines might be sharper, but the advantage is more clients betting more often.

Vegas Offshore: How many bookmakers do you currently work with?

Wagner: We are writing business for over 250 bookmakers now. Some represent groups as small as 2 or 3; and others represent groups as large as 500. Again, remember the key is finding as many clients as possible. If you get to where you are writing 15 clients or more, it is almost impossible to lose for an extended period of time.

Vegas Offshore: So how does a bookmaker learn more about this?

Wagner: Simply go to any of the V.O. Group, S.A. sites to learn more. I suggest starting at www.BettorsNet.com or calling 1-877-512-1001 or emailing agents@bettorsnet.com to get more information.

Casino Deposits & Withdrawals Live Dealers Casino

2005-03-11T14:45:00.000-08:00

Let's face it: it's all about the money. And before you get started with any
transaction, you should be sure that the casino you've chosen keeps your personal
information private and secure. This is accomplished through secure servers
and encryption technology, and there should be information about the casino's
security and privacy measures on the Web site. Furthermore, you should be able
to find disclaimers about the casino's e-cash provider and account balance insurance.
Some of the most reputable e-cash providers are Interstate Global Ltd., Proc
Cyber Services, and E Cash Direct.

Deposit and Withdrawal Methods

In order to win cash, you have to spend cash, and any good casino should give
you several methods for deposits and withdrawals. Following are the most common
banking methods:

Credit Cards

Visa and MasterCard are the most commonly accepted cards. Beware that although
the casino (or its e-cash merchant) will usually record the transaction as a
purchase, your credit card company may see the transaction as a cash withdrawal
and apply their customary transaction fees.

For withdrawals (ie, "cashouts"), the credit card companies will
not allow the casino to credit you for more than your deposit amount, so the
balance is usually sent to you by check. For example, if you deposited $100
and later you want to cash out $500, the casino will credit you card $100 and
send a check for the remaining $400. A few casinos have posted disclaimers that
MasterCard will not allow any money to be credited back to your card; therefore,
the casino sends the entire amount by check.

FirePay

FirePay is a personal payment account that you fund with your credit card without
revealing your credit card details or payment history. Because of industry-wide
credit card restrictions, most casinos recommend that players user FirePay instead
of credit cards. FirePay accepts Visa, MasterCard, or Check. With FirePay, your
casino bankroll can be credited in minutes.Live Dealers Casino

PayPal

PayPal is a service through which individuals can send and receive money through
the Internet. PayPal accepts Visa, MasterCard, American Express, and Discover.
PayPal also accepts Electronics Funds Transfers directly from US Banks. It typically
takes up to 4 days to activate your PayPal account, but once you've got the
account, transactions are quick and your bankroll will be credited in minutes.

Direct Bank Transfer (Automatic Clearing House, or ACH)

This is simply a transfer from your bank to the bank account (or e-cash
merchant account) for the casino. This is usually accomplished by entering all
the necessary data into an electronic form in the Cashier section of a casino's
Web site. ACH transfers are restricted to US bank account holders, and processing
can take up to 7 days.

Wire Transfer

Like an ACH this is also a transfer from your bank account to the casino's account.
But with Wire Transfer, you usually need to FAX or e-mail to the casino a form
that will allow them to request a wire transfer on your behalf. They make the
request of your bank, and you must then give your bank authorization to wire
the money. This method typically takes quite a bit longer because of the extra
processing times required.

Check or Money Order

This method is necessarily slow because the check or money order must be mailed,
processed by the casino, and cleared by both banks before your account is credited.

Deposit Limits

All reputable Online casinos operate within a Code of Conduct, and one of the
guidelines in this code is that all casinos should be committed to detecting
and reducing compulsive gambling habits. One way to do this is to apply deposit
limits to all player accounts. Because of the various deposit methods and processing
times, Online casinos determine their limits by deposit method. This information
should be available for you on the casino's Web site. Average deposit limits
are listed below:

Credit Cards and FirePay:

up to $500 for single deposit per card

up to $1500 daily per card

up to $2000 total per card

maximum of 3 cards per person

PayPal:

up to $500 for single deposit

up to $1500 daily

up to $10,000 monthly

ACH and Wire Transfers:

up to $3000 for single deposit

up to $10,000 monthly

Check/Money Order:

up to $10,000 monthly

CASINO HISTORY live dealers casino

2005-01-25T05:48:00.000-08:00

CASINO HISTORY
live dealers casino
Casino originally, a public hall for music and dancing; by the second half of the 19th century, the term meant essentially a collection of gaming or gambling rooms.
The classic example of a casino, and for long the world's best-known one, is the casino at Monte-Carlo, which was opened in 1861. The casino has long been a major source of income for the principality of Monaco.
The 20th-century casino, which may also be called a gambling, or gaming, house or club, is a place where gamblers can risk their money against a common gambler, called the banker, or the house. Casinos have almost a uniform character throughout the world. In Europe and South America, they are permitted at many or most holiday resorts and not elsewhere. In the United Kingdom, licensed and supervised gambling clubs, mainly in London, have operated since 1960. Club membership is required and easily obtainable. Casinos are also regulated by the government in France, which boasts the majority of European casinos, including those at Cannes, Nice, Divonne-les-Bains, and Deauville-les-Bains. Other famous European casinos are found at Estoril, Port.; Corfu, Greece; and Baden-Baden and Bad Homburg von der Höhe, Ger. In the United States, legal casinos were long operated only in Las Vegas and other locations in Nevada, where various forms of commercialized gambling were permitted. The economy of Las Vegas is almost entirely dependent on the large, luxurious casinos that have operated there since the late 1940s. Casino gambling was introduced in Atlantic City, N.J., in 1978, and from the 1980s casinos also began appearing on various American Indian reservations, which are not subject to state antigambling statutes. Other legal casinos are located on riverboats; in Deadwood, S.D.; and by special license in Puerto Rico. A general expansion of casino gambling was underway in the United States by the last decade of the 20th century. In South America, there are casinos in Argentina, Colombia, and Ecuador. The casino at Havana, Cuba, was closed after the revolution in 1959.
The casino typically accepts all bets made by its patrons within a limit established so that a patron cannot win more than the casino can afford to pay. Every game offered gives the casino a mathematical expectancy of winning, and it is unlikely that a casino might lose money on its games, even for one day. Because of this virtual assurance of gross profit, casinos regularly offer big bettors extravagant inducements in the form of free spectacular entertainment, transportation, and elegant living quarters. Even lesser bettors are offered reduced-fare transportation, hotel rooms, free drinks and cigarettes while gambling, and other inducements. Such promotional expenses may exceed profits and cause a net loss over the year.
Of the games played regularly at casinos, roulette is found throughout the world, being a principal gambling game in France, where the casinos reduce their advantage to less than 1 percent to entice big bettors. In the Americas, roulette appeals more to small bettors, and the casinos take a larger percentage. Crap shooting attracts the big bettors in American casinos, most of which demand an advantage no greater than 1.4 percent, some only 1 percent or less. Slot machines and (from the 1980s) video poker machines are the economic mainstay of American casinos, the income resulting from high volume, rapid play at sums ranging from five cents to one dollar, and the ability to adjust machines for any desired profit.
Of casino card games, baccarat, in its popular form chemin de fer, is the principal gambling game in the United Kingdom and those European continental casinos most often patronized by the British, such as those at Deauville, Biarritz, and on the Riviera. Blackjack is a fixture in American casinos and trente-et-quarante in the French. Other card games are seldom played in casino gambling, although most American casinos have a poker table.

Baccarat Tips live dealers casino

2005-01-24T11:29:00.000-08:00

Baccarat Tips
live dealers casino
Tip #1: Know The RulesWhether you are playing Blackjack or Baccarat, there are rules that apply to each and every game in the casino, and since you are putting your hard earned money at risk, it only makes sense that you know the rules of the game you are playing. In Blackjack, know whether in this particular casino the dealer draws or stands on a soft 17 (If they draw, the advantage is to the casino, if they stand, the advantage is to the player). In Baccarat, there are specific "third card" drawing rules, which you should know and be aware of, as a dealer's mistake in drawing could cost you money! When playing Craps or Roulette, knowing the payoffs is very important. The dealers won't intentionally try to cheat you, but they are only human, and they do make mistakes. So, if you have $5 bet straight up on a number in Roulette, know that when you win, they owe you $175!! And when you make place bets or take odds behind the Pass line in Craps, know just how much you should receive for a payoff when you win. Remember, it's your money and your wager. You have a right to make sure you receive the correct payoff!
Tip #2: The one card placed faceup on the table indicates how many cards the dealer will burn. If the card turned up is a four of clubs, the dealer will burn four cards.
Tip #3: In baccarat, the casino takes a commission whenever a player wins a bet placed on the banker side. This is because betting on the banker has an inherent 1.06 percent advantage. Bets are paid at 0.95-to-1.
Tip #4: Twos through nines are counted at face value; tens and all jacks, queens and kings count as zero; and aces count as one. Suit is irrelevant in baccarat.
Tip #5: First and third cards are dealt to the player. Second and fourth cards are dealt to the banker.
Tip #6: For any total over nine, only the last digit is taken - for example, a total composed of a six of clubs and a six of diamonds is two. If either the player or the banker has a total of eight or nine, it's called a "natural" and automatically wins - unless the other hand also has a natural, in which case the two hands tie.
Tip #7: If the player holds a total of less than six or seven, the player draws.
Tip #8: With a total from zero to two the bank always draws; with a total of seven the bank always stands; with a total of three the bank draws, unless the player drew and its third card was an eight; with a total of four the bank draws, unless the player drew and its third card was an eight, nine or ace; with a five the bank draws, unless the player drew a third card outside the range of four through seven; with a six the bank stands, unless the player drew a third card of either a six or a seven.

Roulette History live dealers casino

2005-01-24T07:46:00.000-08:00

Roulette History
Several early versions of a wheel and spinning ball were invented in the 17th and 18th centuries in Europe. The first games that we would recognize as modern roulette were introduced in Paris casinos around the end of the 18th century. This game contained all of the features that we have today with the one exception, the single zero was colored red while the double zero was colored black. This led to some confusion for players and the color green was introduced for the zero and double zero to alleviate the confusion in live dealers casino.
In the mid 19th century the single zero game was invented in France, this reduced the casino's edge thereby increasing the odds of the player. When gambling was outlawed in Germany the inventor of the single zero machine (Louis Blanc) accepted an invitation to go to Monaco to establish and operate a casino. The casino set the standards for roulette in Europe, and roulette remained exclusive to Monte Carlo until 1933. This led to the gambling and resort industry in Monaco as many of Europe's rich were attracted to the luxurious Monte Carlo casino.
The use of the double zero roulette wheels survived in the United States and is sometimes called the “American Wheel”. The introduction of the single zero wheel (with better odds for the player) resulted in the demise of the double zero wheels in Europe and has become known as the “French Wheel” in roulette history.
In Europe (also Atlantic City in the U.S.) the Casino's offered another refinement to the game that increased the odds yet again for the player, the option of “En Prison” was offered. With the en prison option if the player has bet an even money bet (Even-Odd, Red-Black, 1-18 or 19-36) and zero or double zero is the next outcome the player has two options:
The player can “imprison” the bet. This means the bet stays where it is and the next spin determines if the bet is lost or returned to the player. The player may surrender half of the bet. Most people exercise the en prison option so don't be surprised if the croupier assumes that you will also, be sure to tell him/her if you would prefer to surrender half of your bet.

BlackJack Rules live dealers casino

2005-01-21T15:26:00.000-08:00

BlackJack Rules
The rules of BlackJack differ slightly from area to area and/or from casino to casino. For example, a casino in downtown Vegas may have different rules than one of the Vegas Strip casinos which may have different rules from a casino up in Reno or Tahoe. The rules in a casino in Freeport Bahamas may differ from those in Atlantic City, etc. Therefore, it is important to research what the rules are for the area/casinos you plan on playing in live dealers casino.
The BlackJack table seats a dealer and one to seven players. The first seat on the dealer's left is referred to as First Base, the first seat on the dealer's right is referred to as Third Base. A betting square is printed on the felt table in front of each player seat. Immediately in front of the dealer is the chip tray. On the dealer's left is the deck or shoe and beside that should be the minimum bet sign, which you ought to read before sitting down to play.
On the dealer's immediate right is the money drop slot where all currency and tips (chips) are deposited. Next to the drop slot is the discard tray. Play begins after the following ritual is completed: the dealer shuffles the cards, the deck is "cut" by a player using the marker card, and the dealer "burns" a card. Before any cards are dealt, the players may make a wager by placing the desired chips (value and number) into the betting box.
Occasionally a player may sit out a hand or two for various reasons. I have sat out a couple of hands at times when the dealer was getting extremely lucky and everyone was losing. If you attempt to sit out too many hands especially if there are people waiting to play at your table, you may be asked to leave the table until you are ready to play.
Once all the bets are down, two cards (one at a time) are dealt from left to right. In many Vegas casinos, players get both cards face down. In Atlantic City and most every where else the player's cards are dealt face up. Should the cards be dealt face up, don't make the faux pas of touching them! They are dealt face up for a reason, primarily to prevent a few types of player cheating.
The dealer receives one card down and one card up. The numerical values of the cards are: (10, J, Q, K) = 10 ; (Ace) = 1 or 11 ; (other cards) = face value (3 = 3). Since a casino can be very noisy, hand signals are usually the preferred method of signalling hit, stand, etc.
The rules the dealer must play by are very simple. If the dealer's hand is 16 or less, he/she must take a card. If the dealer's hand is 17 or more, he/she must stand. Note that some casinos allow the dealer to hit on soft 17 which gives the house a very small additional advantage. The dealer's strategy is fixed and what you and the other players have is immaterial to him/her as far as hitting and standing is concerned.
If you have a pair that you want to split and your cards are dealt face down, turn them over and place them a few inches apart. If your cards were dealt face up, point to your cards and say "split" when the dealer prompts you for a card. The original bet will go with one card and you will have to place an equal amount of chips in the betting box near the other card. You are now playing two hands, each as though they were regular hands with the exception being that if you have just split two aces. In that case, you only get one card which will hopefully be a 10. If it is a ten, that hand's total is now 21 but the hand isn't considered a BlackJack
Insurance comes into play when the dealer's up card is an Ace. If a player wants insurance, half the original amount bet is placed on the semicircle labeled "insurance" which is printed on the table.

Craps Rules live dealers casino

2005-01-21T10:33:00.000-08:00

Craps Rules
Pass LineA pass line bet is a bet placed before the come out roll (i.e. the first roll of the dice in a new craps round). A wager on the pass line wins immediately if the come out roll is 7 or 11 (naturals), and loses if the come out roll is 2, 3, or 12 (craps numbers). If any other number (4,5, 6, 8, 9, or 10) is rolled, that number becomes "the point." If the shooter rolls the point again before rolling a 7, your pass line bet wins. If the shooter rolls a 7 before rolling the point again, your pass line bet loses in live dealers casino.
Don’t Pass LineA don’t pass line bet is essentially the reverse of a pass line bet, and is also placed before the come out roll. If the shooter rolls 3 or 12 on the come out roll, a don’t pass line bet wins immediately. If, however, the come out roll is 7 or 11, don’t pass line bets lose. If the come out roll is 2, a don’t pass line bet is returned to the player in a push. If the come out roll is 4, 5, 6, 8, 9, or 10, that number becomes the point. Once the point has been established, don’t pass line bets win if the shooter rolls a 7 before rolling the point again. If the shooter rolls the point again before rolling a 7, don’t pass line bets lose.
ComeA come bet is placed before any roll of the dice, once a point has been established by the come out roll. Come bets win immediately if the shooter’s next roll is 7 or 11, and lose if the roll is 2, 3, or 12. If the shooter rolls 4, 5, 6, 8, 9, or 10, that number becomes "the come point." If the shooter rolls the come point again before rolling a 7, the come bet wins.
Don’t ComeA don’t come bet is essentially the opposite of a come bet. Don’t come bets win immediately when the shooter’s next roll is 3 or 12, and lose if the roll is 7 or 11. If the shooter rolls a 2, the bet will be returned to the player in a push. After the come point is established, don’t come bets win if 7 is rolled and lose if the come point is rolled.
OddsAn odds bet is a "back up" bet on an original pass line, don’t pass line, come, or don’t come bet. Gold Club allows odds bets of three times your original bets.
FieldA field bet is a bet that the next roll of the dice will be either 2, 3, 4, 9, 10, 11, or 12.
Big Six and Big EightA big six bet is a bet that 6 will be rolled before 7. Likewise, a big eight bet is a bet that 8 will be rolled before 7.
Place WinA place win bet is a bet that either 4, 5, 6, 8, 9, or 10 will be rolled before a seven.
Place LoseA place lose bet is a bet that 7 will be rolled before either 4, 5, 6, 8, 9, or 10.
BuyA buy bet is a bet that either 4, 6, 8, 9, or 10 will be rolled before 7. A vigorish (vig.) of 5% is charged when placing the buy bet.
LayA lay bet is a bet that 7 will be rolled before 4, 6, 8, 9, or 10. A 5% vig. is charged when placing the lay bet.
Any 7An "any 7" bet is a bet that the next roll of the dice will be 7.
Any 11An "any 11" bet is a bet that the next roll of the dice will be 11.
Any Craps An "any craps" bet is a bet that the next roll of the dice will be 2, 3, or 12.
Horn A horn bet is a bet that the next roll of the dice will be either 2, 3, 11, or 12.
HardwayA hardway bet is a bet that the shooter will roll either a 4, 6, 8, or 10 as doubles (2+2, 3+3, 4+4, or 5+5) before rolling a 7. Rolling a number by doubles is said to be rolling the number "the hard way."

Slot Machine Myths live dealers casino

2005-01-21T06:47:00.000-08:00

Slot Machine Myths live dealers casino

Here are the three most common myths associated with slot machines:

Myth #1: Slot machines are random. Just because the machine just paid off, don't think that it's impossible for it to pay out again fairly soon. Reversely, don't think that just because a machine hasn't paid out in a while, that it is going to pay you off soon.

Myth #2: Slot machines can be "figured out." This is completely wrong. Slot machines use advanced random number generators to ensure that this doesn't happen.

Myth #3: Slot machines are the worst games to play at a casino. Not true, slot machines can be quite fun if you just have fun with it!

Black Jack Card Counting live dealers casino

2005-01-20T10:23:00.000-08:00

Black Jack Card Counting

Card counting? Don't you have to be some sort of mathematical genius or have a photographic memory to count cards?

Not really. Even if the live dealers casino is using multiple decks, keeping track of the cards is a only a matter of counting. All you really need to count cards is the ability to count up to plus or minus twelve or so... by ones.

The first card counting systems were developed by our old friend Dr. Thorp. He determined through mathematical computation that the card that has the most influence on the deck being in a favorable condition (for the player) was the five. When the deck is low in fives, the player has a higher advantage than if it's sparse in any other card. Logic dictated that for a very simple card counting strategy, simply keep track of the abundance (or lack thereof) of fives. This is the basis of his "Five Count" system which was later improved to include tens and renamed the "Ten Count" system.

Today, there are many different card counting systems. Typically, the more complex a system is, the better your advantage should you master it. However, the difference between card counting System X and System Y is usually so small that ease of using the system becomes more important than gaining an additional .15 % advantage (or whatever it is). This discussion is restricted to a single card counting system: the high/low (also called the plus/minus) point count. This strategy is very easy to master. Two other methods that I recommend if you're serious are the Advanced Plus/Minus and the "Hi-Opt I" systems. The former is similar to the high/low but assigns fractional values to certain cards as opposed to integer values which are easier to add in your head. The latter method is considered one of the most powerful counting systems of all time.

The quick and dirty reason why card counting works is this: The player gains an advantage when a deck has a shortage of cards valued 2, 3, 4, 5, 6, 7, 8. When a deck has a shortage of cards valued 9, 10, Ace; the player has a disadvantage. If you can tell when the deck is rich in 9's, 10's, and Aces you can do one of the following things:

Bet more money when the deck is favorable to you.
Alter your Basic Strategy play to account for the favorability, thereby increasing the odds of winning a particular hand.

Now lets discuss the +/- Point Count. As you can see from the small chart below, a plus value is given to low cards, and a minus value is given to high cards. Notice that 7, 8, and 9 have a value of zero. This is because their overall effect is negligible as compared to the others. Some systems use a value of -2 for the Ace instead of -1 and give a value of +1 to the seven instead of zero.

PLUS (+1)	MINUS (-1)
2 3 4 5 6	7 8 9 10 A
1 1 1 1 1	0 0 0 1 1

As you may notice, this is a balanced system. There are 20 cards in a deck that are valued +1: two through six. There are 16 ten value cards and 4 Aces in a deck (20 total) that are valued -1. The remaining 12 cards (7, 8, 9) have a value of zero. At the end of a deck the count should be zero. A good drill to practice is to get a deck of cards, turn them over one by one, and keep track of the count. If you enter a game mid-way between the deck or shoe, flat bet until the cards are shuffled. Once the cards are shuffled commence counting from zero.

A quick example using ten cards: the following cards are shown in the course of a hand: A, 4, 7, 10, 10, 9, 10, 2, 10, 5. The first value is -1 (the Ace) & the second is +1 (the 4) = 0 (the current total hand count). The next card is the 7 which is zero so disregard it. The next card is a ten so the total count is now -1. The next card is another ten, giving a total count of -2. The next card is a nine which has a value of zero so ignore it, total count is still at -2. Next is a ten, total count is at -3. Next is a two which adds +1 to the minus three yielding a total of -2. A quick look at the next two cards shows that the two will cancel each other out (-1+1=0). So at the end of a hand of ten cards dealt to 2 players and the dealer, the point count is minus two. This provides you with the knowledge that your are at a slight disadvantage. Your next bet should either be the same or a unit or two lower.

From this example you see that it would be easier to count cards if you play in a "cards-up" game. That way you can see all the cards as they are dealt and count them as they go by. When the dealer deals fast, just count every two cards. You still count each card but you only add to your total count after every two cards since many times the two values will cancel each other out to give a net value of zero, which doesn't need to be added to your total. If you play in a cards-down game, you may want to consider playing at third base. The reason being is that in a cards-down game you only see the other players' cards:

if you peek at their hand (not polite but it's not cheating like in poker)
if a player busts
when the dealer settles each players' hand.

When there are other people at a table, all this happens rather quickly and you may miss a few cards here and there, which essentially invalidates your count. You can't control how fast the dealer deals, but you can slow things down when the dealer prompts you for a play decision.

For one deck, alter your wager according to the following table:

Bet Units	+/- Running Counts
1 2 3 4 5	+1 or less +2 or +3 +4 or +5 +6 or +7 +8 or more

Example: After the first hand of a one deck game, the point count is plus four and you just bet a $5.00 chip. Before the next hand is dealt, wager $15.00 (three units of $5.00) as the above table mandates.

What if there are four, six, or more decks instead of just one? I recommend that you perform a "true-count" rather than trying to remember different betting strategies for different number of deck games. By doing a true count, the above table can still be used.

The True Count is found with the equation below. I provide an example along with it for the case of having a running count of +9 with one and a half decks left un played. It doesn't matter how many decks are used, you just have to have a good eye at guesstimating the number of decks that are left in the shoe. I just measured the thickness of a deck of cards to be 5/8 (10/16) of an inch. Hence the thickness of a half deck is 5/16 of an inch. One and a half decks would be 10/16 + 10/16 + 5/16 = 25/16 or a little over an inch and a half. You probably see a relationship here. The number of decks is approximately equal to the height of the cards in inches.

	Running Count		+9
True Count =	---------------------------	=	---------------------	=	+6
	# of decks remaining		1.5

Looking at the table of betting units above, the proper wager would be four units.

If you have trouble keeping the count straight in your head, you can use your chips as a memory storage device. After every hand tally up the net count and update the running or true count by rearranging your chips.

One last thing. There is no law or rule that says a dealer cannot count cards. A dealer may count cards because he or she is bored but more likely is that the casino may encourage counting. The reason being that if the deck is favorable to the player, the house can know this and "shuffle up". This is also called preferential shuffling (a game control measure) and it vaporizes your advantage.

25. live casino 26. gamble 27. internet 28. keno 29. live 30. gaming 31. online poker 32. play 33. casino game 34. video 35. live blackjack

2005-01-06T07:19:00.000-08:00

. live blackjack tournaments 37. online poker room 38. online casino games 39. win 40. best 41. lottery 42. live webcam casino 43. best online casino 44. card 45. casino guide 46. gambling guide 47. casino tropez 48. internet gambling 49. webcam 50. gambling online 51. jackpots 52. caribbean poker 53. game 54. casino's 55. casino directory 56. review 57. reliable 58. online casino gambling 63. club dice casino 64. live dealer casinos 66. internet poker 68. betting casino online 70. casino bonuses 72. card game 73. online casino bonus 74. bet 75. omaha hi 76. las vegas casino 77. directory 79. progressive jackpots 80. online blackjack 81. online betting 82. pai gow 83. free casino cash 84. sportsbook 85. casino gambling 86. casino card game 87. online poker tournaments 88. costa rica poker 89. internet blackjack 90. sports betting 91. costa rica casino 92. las vegas 93. dealer 94. jackpot 95. bonus cash 96. strategy 97. online casino game 98. casino on net 99. casinos europa 100. black jack 102. casino online 103. reviews 104. live dealer games 106. costa rica casino games 108. live webcam transmission 109. live gambling casino live dealers 112. online multiplayer poker games 114. multiplayer poker games 115. free casino account 116. footballwagering 117. skill tournaments 121. casino studio 122. popular poker 123. horse racing and betting 124. horse racing 125. horse racing sports betting 126. poker games 127. thoroughbred grass racing 128. thoroughbred horse bet 133. playing poker 139. multiplayer online poker 1 145. popular poker games 146. best sportsbook 147. free casino 148. casino real estate 1151. casino poker 152. casino roulette 153. gambling informations 154. casino blackjack 155. casino keno 156. free card game 157. gambling search 158. casino search 159. casino war 160. flash casino 161. casinos uniforms 163. casino live dealers 165. search engine 166. casino sportsbook 170. sportsbook guide 171. best online sportsbook 172. football wagering 173. interactive blackjack 174. bookmakers guide 175. live blackjack online 176. blackjack players 177. wager football 178. blackjack online 179. gambler place 180. interactive blackjack online 181. blackjack rules 182. live play casino gamble 184. free casino game 185. blackjack tournaments 186. blackjack games 188. best online casinos uk 189. roulette games 197. absolute poker 199. casinno 201. casinos online 202. online casinosgambling 205. cybercasinos 206. cybercasino 209. dealers 210. best casino bonuses 211. free online casino games 212. online casino guide 214. gambler 216. line 219. money 220. odds 221. casino dealers 222. live games 223. webcam girls 224. casino webcam 225. live casino gambling 226. real time wagering 227. stud poker 228. slot machine 229. lotto 230. chips 231. wager 234. internet casino online 235. bet live 237. guides 238. casino ranking 239. payouts 240. payout 241. live dealer casino 242. no download casino 244. best gambling site 247. real dealer 248. best payouts 249. blackjack strategy 250. online casino review 252. top online casino 253. casino online gambling 254. games onlinecasino com online 256. club dice 257. clubdicecasino 263. games onlinecasino com 264. casino online free online 266. horses racing bets 267. sports gamble 270. racing betting 271. horse racing gambling 273. casino online free 285. onlinecasino 287. best bonuses 291. betting site 292. betting online taxfree 295. relevant 297. choose 298. playtech casinos online 300. betting online

live dealers casino

2005-01-03T13:48:00.000-08:00

live dealers casino first post