Online Poker News and Rakebacks

Poker Sites Block Balance of US States

Online poker rooms Poker Host and Eurolinx had already established that residents of certain states from the USA would not be allowed to play on their sites in keeping with local laws on poker’s legality, and now have made the announcement that all of the US is banned from play on their sites. It is believed that this action as taken in response to the actions of the Governor of one of those states, Kentucky, who sought to gain ownership of poker room domain names in an effort to shut them down.

Overlay Poker Tournaments: Gaining buy-in Advantage in a Guaranteed Tournament - CelebPoker.com

Poker players don’t get this opportunity often, but sometimes a poker player can make a financial advantage just by registrating for a Multi Table Poker Tournament

How is this possible? The answer is within the overlays given by guaranteed prizepools offered for some guaranteed poker tournaments

An example: On Sunday the 02/11/2008 the 250.000 Guaranteed Tournament at CelebPoker had a 320 Buy-In. 613 players registered for this tournament. Now the calculation fun begins!

First a player has to divide the offered Prizemoney with the number of players who registered. In this example: 250,000 / 613 players = 407.

This means that a players ticket is worth than 407. As your ticket costs 320, you are automatically gaining the equivilent of an extra 87 to pay for your entry (407-320 = 87). Ok, players don’t get the cash in the bank, but poker players do get it as an advantage for the buy-in as a player have less players to compete for the prizepool with.

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More students betting future at online casinos

Addiction comes in many forms, and while alcohol and drugs get most of the attention, university and college students are not immune to one of the fastest growing and expensive vices– gambling.

According to the Responsible Gambling Council’s Poker Poll and 2005 Prevalence Study, 6.9 per cent of young adults in Ontario have a moderate to severe gambling problem.

Online poker playing by young adults has grown by nearly 300 per cent, and 16 per cent of Ontarians between the ages of 18 and 34 believe that online poker is a good way to earn extra money.

Amanda Stokes, project co-ordinator for Know the Score, the Responsible Gambling Council’s travelling gambling awareness exhibit, said her organization’s goal is to educate students about the risks of gambling.

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