Cyprus Online Casino Ban

March 22nd, 2011  |  Published in Casino Tips

Located in the Mediterranean, this beautiful island nation is home to many online gambling operators. Since there is a shortage of land-based casinos and internet connectivity is widely available, Cyprus is the ideal location to host and engage in online gaming. Cypriots on the island gamble at local internet casinos as well as offshore. It is estimated that in 2008, online gambling drew 2.5 billion Euros, proving the prosperity of the industry.

Online Gambling is a Social Wound

Despite this massive success for such a small country, Deputy government spokesperson Christos Christosfides revealed to the media that under the current gambling laws online gambling has developed into a “social wound.” Online gambling is currently a legal activity and must be regarded as such.

Therefore, the Chairman of the Legal Affairs Committee, Lonas Nicolaou, discussed the situation in 2010 by releasing the statement, 5% of electronic gambling services in our country operates legally because they are provided over the Internet and there is no authority on the island where one can apply for a permit.”

The Government is in Agreement

This has been the consensus within the government for quite some time. The next step in this lengthy process is the requirement made by the European Union to deliver a free movement of commercial services without boundaries. It is now approximately four years since the gambling laws in Cyprus were updated. Portugal has been granted exception due to preventing crime to protect citizens. Cyprus is taking the same stance.

Banning Online Poker and Casino Games

Simultaneously, the government of Cyprus is taking steps to ban specific forms of online gambling. The bill has slowly made its way through the government and now only needs legislative approval. If enacted, this law will ban online poker and casino games while continuing to allow online sports betting and lotteries for those over the age of 18. For the two legal types of gambling the tax on profits will drop from 10 percent to 3 percent.

Europe seems quite torn with the legalization of gambling. Many countries are fully in favor of enacting the activity while others do not see the benefits and therefore are rejecting the European Union. In Cyprus, although online gambling looks like it is going to be outlawed, online sports books and lotteries will catch a break with regards to taxation. Therefore, for some organizations, this could become a positive result.

Located in the Mediterranean, this beautiful island nation is home to many online gambling operators. Since there is a shortage of land-based casinos and internet connectivity is widely available, Cyprus is the ideal location to host and engage in online gaming. Cypriots on the island gamble at local internet casinos as well as offshore. It is estimated that in 2008, online gambling drew 2.5 billion Euros, proving the prosperity of the industry.

Online Gambling is a Social Wound

Despite this massive success for such a small country, Deputy government spokesperson Christos Christosfides revealed to the media that under the current gambling laws online gambling has developed into a “social wound.” Online gambling is currently a legal activity and must be regarded as such.

Therefore, the Chairman of the Legal Affairs Committee, Lonas Nicolaou, discussed the situation in 2010 by releasing the statement, 5% of electronic gambling services in our country operates legally because they are provided over the Internet and there is no authority on the island where one can apply for a permit.”

The Government is in Agreement

This has been the consensus within the government for quite some time. The next step in this lengthy process is the requirement made by the European Union to deliver a free movement of commercial services without boundaries. It is now approximately four years since the gambling laws in Cyprus were updated. Portugal has been granted exception due to preventing crime to protect citizens. Cyprus is taking the same stance.

Banning Online Poker and Casino Games

Simultaneously, the government of Cyprus is taking steps to ban specific forms of online gambling. The bill has slowly made its way through the government and now only needs legislative approval. If enacted, this law will ban online poker and casino games while continuing to allow online sports betting and lotteries for those over the age of 18. For the two legal types of gambling the tax on profits will drop from 10 percent to 3 percent.

Europe seems quite torn with the legalization of gambling. Many countries are fully in favor of enacting the activity while others do not see the benefits and therefore are rejecting the European Union. In Cyprus, although online gambling looks like it is going to be outlawed, online sports books and lotteries will catch a break with regards to taxation. Therefore, for some organizations, this could become a positive result.

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Know Your Poker Opponents Using Phil Hellmuth’s Animal Style

March 12th, 2010  |  Published in Casino Tips

The most important aspect a poker player can know is the rules of the game. Without knowing the rules, you cannot play the game at all (or at least not play it well.) The second most important, and often overlooked, point a poker player can know is his opponents. Observing your opponents is critical to winning. However, it can be difficult to keep little mental notes about everyone at the table (especially if you are playing online.) This is why poker professional Phil Hellmuth developed his system of categorizing players by comparing them to animals. Phil Hellmuth has five types of animals he uses for the system.

Phil Hellmuth’s Animals

The Mouse

The mouse represents the ultimate conservative poker player. The mouse will play very few hands, raise even less, and never bluffs. A mouse is easy to spot because they rarely ever raise. This is their downside. When a mouse suddenly starts to raise at the poker table, most of the other player’s will know it is time to fold. The mouse will win, but the pot will be small.

The Jackal

The jackal represents theloose cannons at the poker table. The jackal will place loose and fast. They will play almost every single hand they are given, frequently raise and re-raise their bets, and bluff whenever they see fit. The jackal will rarely, if ever, come out ahead in a poker match

The Elephant

The elephant represents those poker players that never seem to give up. An elephant will play almost every single hand they are given and they will keep calling the hand all the way to the final showdown. The excessive calling is not a good strategy, and the only real way to win a hand is to out call every other player at the table.

The Lion

The lion is just shy of shy of the perfect poker player. They know when to fold and when to play. They hedge their bets in an aggressive manner without loosing sight of logic. The lion is the second toughest poker player to beat.

The Eagle

The eagle represents the perfect poker player. An eagle has years of professional poker experience. They know the rules of every poker game, and have their own strategies for each one. They are quick to adapt and near impossible to beat. The eagle is a rare poker player.

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Five Reasons Why Playing Poker Online Will Improve Your Game

February 9th, 2010  |  Published in Casino Tips

Whether you are new to the poker world, or an experienced pro, playing poker at online casinos can improve your game, help you polish your technique, and give you a chance to learn new skills.

Online Casinos Offer Free Practice Play

You can practice your poker craft at an online casino without breaking your bankroll. Several online casinos offer practice areas, or free play, including the hottest poker games so you can get log several hours of practice and still have a bankroll for your casino trip.

Online Casinos Offer Anonymous Play

Settling up to a poker table in a large casino can be daunting if you are a beginning poker player. Playing face-to-face with more experienced players can wreck havoc on your nerves and ruin your game. At an online casino, you still get the benefit of playing against skilled players, but the game play is anonymous meaning your nerves won’t get the best of you.

Online Casinos Have Training Rooms

A few online casinos offer training courses on the most popular casino games like No Limit Texas Hold ‘Em. If you want to learn a new game, you can visit these training rooms to pick up the skills you need and then take those skills to the live tables. Many training rooms offer a combination of tutorials and live play against other players at your skill level so you can practice what you learned.

Online Casinos Opens up a World of Players

When you frequent the same brick and mortar casino, you are limited to playing against other players who also frequent that casino. Online casinos bring in a large variety of players from all over the world. This will give you the chance to try out your technique on a wide range of players, and learn from people that you would not normally get the chance to play against.

Online Casinos Give You More Gaming Options

When you play at a brick and mortar casino you are limited to the table games that particular casino offers. When you play online, you can visit several casinos a night and find many different games. Almost every casino will offer the hottest poker games, but each casino will also have a different list of less popular games that they host. Playing these games in an online casino will give you a chance to broaden your gaming knowledge by learning a new game entirely or getting a chance to play a game you love but cannot find at your nearest brick and mortar casino.

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