Knowledge Hub

Knowledge Hub

Promoting Keno the Right Way

Keno Power HourJust like other gambling games, it is important to have a solid promotion for keno every few months. Not only will this increase the people that walk through your door, but it can also lure long term customers.

Promotions can be tricky to manage. If the promotion is too generous and does not yield long term customers, you may lose money. Start by deciding the types of players you want to attract. Is this a promotion for regular keno players, or newcomers?

There are different types of keno promotions. Some keep it simple, with a “play five games and get the sixth one free” type of offer. Others are more challenging, but often get the best long term customer retention. For example, the promotion could consist of a two day keno tournament with several prizes and free giveaways.

No matter what kind of promotion you choose, make it easy to understand. Promotions that have a lot of details, fine prints and stipulations are going to confuse your customers. If they come to play keno and realize they misinterpreted the promotion, this could create a negative impression.

Keep in mind that keno promotions need to work from a mathematical point of view. For example, one casino decided to run a video poker promotion for three days. They offered to pay double if you got four of a kinds. This turned into a disaster, with the casino losing millions in revenue.

If you have come up with a promotion idea, run it by someone who is good with maths. They will be able to assess what house edge you are giving up and whether or not this promotion can be profitable. When everything is done correctly, you will be amazed by how many new customers walk through the door.

Gaming Commission of New York To Confirm New Licenses

Run down casinoThe New York Gaming Commission’s Board has confirmed that even after three hours of continuous deliberation during their recent meeting on November 10, they have been unable to take any decision about finalizing gambling licenses for three regions in New York. The five member board has now scheduled another meeting in which they will examine bids given by gaming companies. Only after detailed study of their offerings and discussions among board members the names of successful bidders will be announced in a press meeting. Though there had been a similar meeting to discuss these issues a few weeks ago it was inconclusive for same reasons as members felt that they need more time to scrutinize application details.

What’s in store?

The venue of the forthcoming meeting for the five member team of Gaming Facility Location Board has not been finalized as yet. The board is presently examining 16 bids which have been presented by 15 bidding teams which are competing for four casino licenses in New York State. could be one of those casinos but for now we can only speculate because the board is remaining very tight-lipped. As the board had earlier announced that there will no casinos will be located close to cities these licenses will allow casino operators to set up their businesses in Albany, Hudson Valley/Catskills mountain area, a gambling strip between Bingham and Lake Ontario and in the south at Tien/Finger lakes region. Though no formal announcement has been made word is out that since all these areas are quite widespread any one area will be granted two licenses.

Names coming up

Some of the names of bidders for the licenses have already been announced like Empire Resort which is making a bid for revival of Concord Hotel resort in Catskills and Caesars Entertainment which is bidding for Woodbury Common Premium Outlets located in the north of New York City. Some lesser known names have announced partnership bids like Saratoga Casino and Raceway which is bidding for Newburg in partnership with Rush Street Gaming. The top names are bidding for Catskills region as it is closest to New York and the latest bidder for that area is Mohegan Tribal Gaming Authority, which has collaborated with Louis Cappelli to develop a resort in Thompson.

Online Craps Strategy

Craps Strategy OnlineIs there any game more iconic than craps? The long, green felt table, the rows of numbers, and the stylish text all come to life when they are being stared down by a gambler on a hot streak. The game of craps is a complicated one that relies on luck more than anything. You have to place your bet, blow on the dice, and then let them roll. If your numbers come up, then wham, just like that you’ll be rolling in cash. Let’s take a look at a few simple online craps strategies to help keep the dice rolling and your wallet warm.

Know Your Odds: Pick the right bets!

Did you know that there are about 43 different betting combinations on the craps table? It’s true! Most of them are actually pretty terrible for the beginning gambler or the one who wants to leave with money still in his or her pocket. Because of this, the best strategy you can use when playing craps is to pick the right bets. Avoid hardway bets and proposition bets unless you are feeling really lucky.

Play It Safe: Bet on both ends to prevent loss!

The best way to gamble is when you know you can’t lose! That’s why the “safe play” system was developed. With this strategy, you place your bet on the “don’t pass line.” Now you wait for your shooter to establish the point (or the number that they roll). Once the point is established, you then place an equal bet on the point. Now no matter what happens, you should be looking at least at breaking even, if not making a profit. Sure your upside is capped, but there’s no better feeling than bringing home some cash!

Play Your 6 and 8!

When rolling two pair of dice, you will find that the numbers 6 and 8 are the most likely combination. Because of this, you will obviously have the smallest disadvantage when betting on them. You can place a come out bet on these numbers or simply put your money down for them on the borad. Either way should eventually work out to your advantage. Betting on 6 or 8 will give you a good opportunity to minimize your losses while maximizing your capped potential.

Craps is a wonderful and complicated game. By understanding just a few simple strategies, you will find both your enjoyment and success to be on the rise.

History of Roulette

RouletteTranslated to small wheel, Roulette is a French game that has been around since the 1600s. The game was created by a French math genius, Blaise Pascal. There have been plenty of alterations to roulette over the years, but the basic principles remain the same. It is a game of chance involving a wheel and numbers.

There have been three major versions of roulette over the years. The British, French and Americans have their versions of the game. The British and French versions eventually merged into a European roulette.

The original version of roulette had many differences to the game we see today. When Pascal first developed roulette, it was more attractive for gamblers. There was no house edge and the wheel did not have a 0 or 00. A zero was added to the roulette wheel more than 200 years later, in 1842. It was added by Louis Blanc, another Frenchman.

Pascal is a man who is famous for a lot more than his creation of roulette. Pascal’s triangle is taught to every teenager in the world, along with other complex equations he created or solved.

In terms of roulette, the gambling world certainly owes a debt of gratitude to Pascal. There are so many land casinos and online casinos that feature this iconic game. Whenever you visit a major casino, there is likely to be a small crowd of people around the roulette wheel. The game can be just as fun to play online, especially if you cannot make it to a land casino.

When playing roulette online, it is vital that you choose the right casino. There are so many options on the internet, with new online casinos opening every other day. Pick an online casino with a great bonus structure, a reputable history, good customer service, and ample options for adding and withdrawing your money.

Playing roulette on your smartphone or tablet computer is not something Pascal would have imagined, but his legacy lives on every time someone enjoys this French casino game.

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The UK is Rolling Out New Online Gambling Regulations

Online gamblingThe government is always going to stick its fingers into the mix when money is involved and the world of online gambling is no different. In the British Isles, the government is moving forward to initiate new regulations for online gambling establishments based in the UK. It all boils down to taxes. Revenue is essential for governing bodies and an attempt is being made to gain jurisdictional control. The online gambling establishment is not pleased with the proposed changes.
Make Way for the Gambling Licensing and Advertising Bill
The new legislation has been passed by the House of Commons. In essence, the bill means more money for the government.Any online casino or gambling establishment that is based in the UK will be required to obtain a license that will be provided courtesy of the UK Gambling Commission. However, it should be noted that the bill still needs to make its way through the House of Lords in order to take effect by May of 2014. Online gambling operators have high hopes that evidence will be produced in opposition to the proposed legislation.

The Remote Gambling Association Says the Stakes are Too High
Should the bill be passed, a fifteen percent consumption tax would be imposed. The Remote Gambling Association believes this amount is too much of a burden and is negotiating for a ten percent consumption tax. The government’s response has not been favorable, stating the tax should be established for a one year trial period. Modifications could be made after that point if deemed necessary. Members of the Remote Gambling Association fear that the new taxes will have such a detrimental impact that online gambling establishments will not be able to remain in business. Time will only tell as to the final outcome. Industry insiders believe gamblers and online casinos will find a way around the new regulations, blocking the governments efforts to raise revenue. A spirit of cooperation would be more beneficial for all parties involved in order to come to an acceptable agreement on both sides of the table.