In order to collect, however, she was instructed to make two wire transfers totaling about $750 to an individual in South Africa to cover the taxes. White said she was promised the money would be delivered to her home on Monday, KTRK reported, but the money never came. She said she was shown documents that wrote United States with lowercase letters and included phrases with incorrect punctuation, according to the KTRK story.
But she was swayed when the person on Facebook showed her documents signed by Barack Obama that said, This is a Real proof you won $250,000.00.
“Shame on me,” White told ABC affiliate KTRK in Houston.
“I’m a sucker, I guess,” she said. When she later asked her coworker about the lottery, he said he had no knowledge of it, KTRK reported.
White appears to have been the victim of what the FBI calls an “advance fee scheme.” That’s when a victim pays money to someone while expecting something of greater value, such as a loan or gift.
Adam Levin, chairman of Identity Theft 911 and security columnist for ABC News, said fee scams are quite common these days.
“Social networking sites have become petri dishes for those whose day-job is the exploitation of others, Levin said. We recommend being suspicious of claims that sound too good to be true.
. They are the new casino of dreams where the game is rigged against true believers, dreamers and perpetual optimists. “I believed it.”
Her gullibility and her eagerness to collect the $250,000 prize instead cost her $750.
The Facebook message that told her she had won appeared to have come from a friend at work. The “friend” told White to contact another person via Facebook to collect her winnings. The spokesman pointed readers to the Facebook Help Center to avoid scams. Advance fee scams are but one common vial of snake oil in the many pockets of a con-man’s overcoat.”
The Harris County Sheriff’s Office told ABC News that a complaint was filed on Tuesday and it was turned over to the criminal investigation bureau.
White could not be reached for comment by ABC News.
Facebook told ABC News, Scams violate our policies, and we take action on accounts found to be spreading them. A woman in Texas says she was the victim of a well-worn scam, but what was unique in her case was that the fraudulent pitch came to her through a Facebook “friend” and was allegedly endorsed by President Obama.
Kris White admits that she shouldn’t have been fooled last week by the Facebook message saying she had won $250,000 in a “Facebook Powerball lottery,” ABC News affiliate KTRK reported
The basic premise is the odds between two bookmakers may differ. Combine all of those, and you might just come out on top. While this sounds like an insane waste of money, the idea behind it is that, regardless of what is being bet, the bettor is still going to get a profit no matter who wins the game. Well, yes, it is legal, although some bookmakers will not take your bet if they suspect arbitrage betting. Of course, with this type of wager, one needs to be seriously adventurous. It is these types of free-thinking bookmakers that allow for heavy arbitrage betting taking place. Any type of sporting event that has a gambling factor to it, there is always some kind of interesting and unusual bet that can be made.
One of the more daring wagers that a bettor can do is called arbitrage betting. However, its not something that is heavily guarded against, as in general terms, each bookmaker still feels they win in an overall sense after all, you are just playing their odds you win on the differing numbers between bookies. Win, lose, low point spread, high point spread, you name it. The big key to arbitrage betting is to find differing odds amongst different bookmakers. But in the modern world of sports betting, we have even more tools at our disposal than ever, and not taking advantage of them means youre not doing everything you can do to win. Nowadays, there are an unlimited number of computer simulations and formulas designed to rank and rate teams in just about every sport you can think of and with a little thought, its easy to see how you can utilize them when making sports picks. And if that happens, depending on the difference and the bets offered, one could feasibly bet both sides of an event with competing bookmakers, and guarantee a small profit no matter who wins. Therefore, what is arbitrage betting, exactly? This type of betting means that when it comes to a sporting match, the gambler places a wager on several aspects of the match, with different bookmakers. Now, were not going to go into the math here, as it can be long and somewhat complicated, but trust us when we tell you that arbitrage betting situations can and do exist all the time.
Sports betting have always been part art, part science. It can be a complicated formula, but if you are interested in arbitrage betting, we encourage you to read up on the subject. Successful sports betting takes a feel for the game youre betting on, a lot of knowledge about injuries and trends, and an understanding of the odds. And, of course, bet enough money and a small profit becomes a big one. It usually takes a hefty cash layout to participate, but, if you feel its a sure thing, well, why not? If you are sporting enthusiasts, and you would like to put a little wager on some event or think that you can predict successfully, then you can earn some bucks by using the arbitrage betting systems.
Learn about sports bettingand sports betting optionsat BonusBonusBonus.com.
. And thats where your friendly independent bookmaker comes in.The ones that will tend to go against the grain and give odds on what they personally think, and not the established odds
They’re staggering. But casinos fear that any system that would identify current or potential addicts would expose them to liability if they failed to intervene–in the same way that a bartender who continues serving a known drunk is liable.
“You’re talking about trying to diagnose a mental health disorder,” Alan Feldman a spokesman for MGM Resorts, told the Wall St. The system Focal Research sells, called Alert, has a starting price of $500,000 and has been used by seven gaming clients in the past eight years, he says.
“It really does work,” says Schellinck. They’re people who are spending $200 a month on their habit but can’t afford to do it.”
. He says some casinos fear the tool will show that some of their best customers are addicts, and that the casino’s bottom line will suffer if management intervenes with troubled high-rollers.
Experience, says Schellinck, shows that’s not true. “I don’t know too many nonprofessionals who are trained to do that offhand.” In the same story, a spokesman for Caesars calls the idea that problem gamblers can be identified from their play “hogwash.”
“Hogwash?” scoffs Tony Schellinck. We analyze that information. You just need to see their behaviors.”
Any single cue may be meaningless, he says. alone, 6 to 8 million adults suffer some form of gambling addiction. But taken together, they tell you: this person’s drunk. But few casinos, they say, are making use of the new science.
The gambling data comes from two sources: Casino’s own loyalty programs, which record customers’ betting behavior to award points redeemable for drinks, free hotel stays and other perks; and from Internet gaming companies that capture every keystroke every time a bettor bets.
Bwin, the biggest online betting company, partnered in 2005 with the Cambridge Health Alliance, an affiliate of Harvard Medical School, to create an early warning system to identify problem gamblers.
Sarah Nelson, Ph.D., associate director for research for the Alliance’s division on addiction and an assistant professor of psychiatry at Harvard Medical, tells ABC News that Bwin made available for study huge amounts of data on Internet sports gamblers.
COURT REINSTATES POKER CONVICTION
“We used that,” she tells ABC, “to start creating an epidemiology of gambling: how much a gambler spends, how much time they gamble. So far, her research has established only a correlation between certain behaviors and addiction; it does not yet prove causality.
Industry reaction to her work and to other research like it has been mixed, even as gambling expands in many states, creating ever more addicts.
Casino executives acknowledge that gambling addiction is a growing problem. Journal in a story about Nelson’s work. You don’t need to know how it happened. “We’ve done dozens of major peer-review studies, all public”. “We are one of the first to do that,” she says.
In May, Nelson presented her most recent findings at a conference in Las Vegas: Certain variables seem to be particularly important for predicting which gamblers may become addicts. The National Council On Problem Gambling estimates that in the U.S. “We examine the behavior of people as they gamble, through their loyalty cards. Few have tracked their actual betting. Focal Research Consultants, the company he co-founded, has spent 15 years developing its own early-detection algorithm. They’re behaving badly. We then went on to try to figure out if we could use that to predict which people might run into trouble and to intervene before they develop problems.” Most previous studies of problem gamblers, she says, have relied on surveys–gamblers’ accounts of their own behavior. “People who are all over the map turn up as people with problems.” The number of different games played also correlates with problem gambling: the greater the variety, the more likely the problem.
Nelson cautions that the level of accuracy of the diagnostic tool she and her colleagues have devised–which she calls the “Sports Bettor Algorithm 1.1″–is still quite low. Two government-run Canadian casinos, he says, used Alert for over seven years as part of a program they called “I Care.” When Alert told managers that a customer was showing addictive behavior, a staff member would be dispatched to intervene–for example, to chat in a friendly way with the customer or to counsel them to ease up.
GAMBLING NUN STOLE NEARLY $130k FROM CHURCHES
As for the predictive power of Alert, Schellinck uses a barroom analogy: “Let’s say you’re in a bar, and a person walks up to you slurring their words. The gaming industry, say researchers, has both the data and the analytics to identify problem gamblers early, and to stop them from becoming addicts. “The vast majority of problem gamblers are not big spenders. They talk too loud. Certain behaviors, when in combination, allow us to say, yes, this person is at high risk of becoming an addict or is one right now.”
Why don’t more casinos use Alert? “We’d hoped they would,” says Schellinck. Unevenness in the amounts of bets, she says, is one red flag
In Australia, which leads the world in terms of per person gambling, online sports betting and gambling has been growing by over 30% annually, while the growth of the total gambling market does not exceed 5%. In South Africa, online gambling awaits legalization in 2014.
Trends in online gambling and betting.
DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online) has announced the addition of the “Global Online Gambling & Betting Market 2014″ report to their offering. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
The spread of online betting and gambling is forcing governments to act to regulate.
Global Online Gambling and Betting Market 2014 depicts the latest trends and developments in the field.
The major trends in online gambling and betting globally are mobile and social gambling. However, offshore gambling websites are popular among Brazilian gamblers, who spend several hundreds of EUR million annually on offshore sports betting sites. Total online gambling revenue in Italy recently reached a high number in hundreds of millions of Euros, with poker constituting the largest segment. The majority of Western European countries have some laws in place to channel online gambling and betting. The authors observe: while land-based lottery and casinos still dominate the gambling scene, online real-money gambling and betting are growing rapidly.
Online gambling is only starting to emerge in Africa. The global online gambling market has a current value estimated at a medium double digit number in billions of Euros, with growth expected between +7 and 10% annually in the next few years.
Regulation of online gambling and betting in Germany and Russia lag some of their neighbours. This ensures that the content of the original studies is correctly interpreted. In the USA, online gambling is legal only in three states and in many Asian countries gambling and betting is allowed only in casino resorts. Progress in online betting regulation in Germany is expected in 2014, as several operators have applied for the first online sports betting licenses. For example, a quarter of poker players chose to bet on unregulated networks.
In the largest Latin American market, Brazil, gambling and betting is forbidden except for horse racing.
Europe has been a leader in adopting regulation regarding online gambling, but as the activity spreads, new measures are being enacted. As a result companies get a precise and unbiased impression of the market situation.
In France, online gambling and betting has been legal since 2010, but many gamblers turn to illegal sites. Mobile gambling is expected to grow at double-digit rates and to reach over 40% of the total online gambling market by 2018, as the number of mobile gambling users increases by a hundred million.
- The analyses, statistical reports and forecasts are only based on reliable sources including national and international statistical offices, industry and trade associations, business reports, business and company databases, journals, company registries and news portals.
Regional variations in legislation and acceptance of online gambling and betting
In North America, online gambling was legalized in three US states by early 2014, with online gambling revenues surging to millions in the first months of legal operation.
- 888 Holdings
- Betfair Group
- Paddy Power
- William Hill Online
For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online
About Research and Markets
Research and Markets is the world’s leading source for international market research reports and market data. Among the findings of the reports researchers is that the online gambling and betting segment is increasing, enhanced by the spread of smartphones and tablet computers.
- The author’s international employees research and filter all sources and translate relevant information into English.
The regulatory landscape on online gambling and betting is varied. In North America and major Asian countries online real-money games are yet awaiting progress in regulation.
- These market reports inform top managers about recent market trends and assist with strategic company decisions
- The authors provide secondary market research: By using various sources of information they ensure maximum objectivity for all obtained data.
Italy has one of the most advanced regulatory arrangements regarding online gambling in Europe. The first regulated online gambling website in Kenya was launched in 2013.
The leading online gambling and betting companies worldwide include PokerStars, Bwin.Party, William Hill Online, each of which annually generate online revenues of over EUR 0.5 billion.
Online gambling and betting is spreading in the Asia-Pacific region
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How do you recognize what the safest and best lay betting system is? How can you locate a lay betting system you can trust?
Online person-person lay betting is easily on hand via the Betting Exchanges, allowing individuals the exceptional opportunity to utilize the incredible lay betting system, to predict losers, on practically any sport that you can imagine. But where do you get it? There is so much information available. You require professional guidance.
Whether you are going to make truly respectable lay betting profits is above all down to receiving the absolute right kind information. Also lots of individuals including myself make a bundle of money with this lay betting technique. Sounds like a betting daydream, doesn’t it? But more and more regular punters are making a bet this way daily. In the field of traditional betting, if you choose one horse in a field of say ten – completely at random – you have a 1:10 possibility of winning. You have to distinguish. But what if you decided to pick a random loser the odds are now stacked massively in your favour because now you control a NINE from TEN opportunity of picking a loser as well as a lay betting system profit!
The emergence of the betting exchanges has completely revolutionised the way we gamble forever, basically because lay betting allows you to take full control of your betting behavior by allowing lay betting on things NOT happening.
You are required to unquestionably have faith in yourself to some extent. Now think about this for a moment making money purely via lay betting losers its a goldmine.
The potential of 9 out of 10 winners each time you lay bet is a very attractive proposal. And by right kind I mean a unfailing betting system you can have faith in. If you can pick losers you can bag large profits from lay betting.
That’s true. Dont settle for weak or second-rate results. You need to be very discerning. The bottom line is – it pays to think with reference to the sources of lay betting information you use.
The long-term feasibility of any lay betting system is merely as good as the system itself. A system like that would change the way you think concerning betting forever!
The lay betting system is becoming more and more widespread all the time. In other words we can lay bet practically any event, team, player, runner or tournament. Establish what works and more significantly what doesnt. The lay betting system that you rely on to make your lay bet selections is essential to the conclusion.
Imagine discovering a profitable betting system with a lucrative and extremely profitable track record. That is – betting on something NOT to come first, this could be almost any sporting occasion imaginable. Being able to bet on something NOT to take place is a true opportunity to profit.
You won’t be shocked when I inform you that lay betting has rapidly turned into the expert punter’s quickest, easiest and most reliable source of regular profit.
Use horse racing as an example. To make sure your lay betting profitability over the long-term it is absolutely paramount that you acquire only the very best lay betting system.
Picture winning 9 times out of 10 purely because you have discovered that the answer to huge betting profit lies within lay betting. You are reading properly. First-rate betting system information will return our lay betting decisions on a daily basis. . This sounds remarkable doesnt it? And it really is
From that one guy who got stabbed to that other guy who got stabbed, they go over everyone of note in the world of Westeros.. With a casual, occasionally filthy tongue in cheek, Ivan and Red cover the show,books, video games, and more, along with other TV shows and films like Doctor Who, Jessica Jones, The Force Awakens, and more.
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BGaS / game of thrones / podcasts
To get listeners up to speed for the premiere, this week Ivan and Red reviewed the current status of the Top 100 GoT characters. Some episodes of note include a discussion on the role of women, the first of the live game shows, and their redo of the GoT pilot.
BGaS will be posting episodes immediately following the west coast airing of Game of Thrones, so look out for them late Sunday night every week.
If you want to connect with the guys on social media, you can follow them on Twitter @boarsgoreswords, like their Facebook fanpage, and email them. They also just launched a Patreon, so if you enjoy the show you can kick a few bucks their way.
Game of Thrones podcast Boars, Gore, and Swords returns to Boing Boing / Boing Boing
This Sunday marks the return of Game of Thrones to HBO for its sixth season, and the return of recap podcast Boars, Gore, and Swords to the Boing Boing Podcast Network.
For the uninitiated, BGaS is a television and film podcast primarily about Game of Thrones, hosted by comedians Red Scott and Ivan Hernandez. If you’re new to the show, you can check out their full podcast archive. Since 2011, the show has recapped and reviewed every episode of Game of Thrones, and covered much of George RR Martin’s A Song of Ice and Fire extended universe
Once that happens, Goldstein expects a “steamroller effect where a state legislature says ‘Why are we passing up on tens of millions of tax revenue every year?”
Several other states, including Massachusetts, California, Hawaii, Illinois, Iowa and Mississippi, are weighing some kind of online gambling legislation. Now comes the hard part: banding together with other states to attract more gamblers, drive up jackpots and lure players away from offshore websites.
A partnership with New Jersey, which has more than three times as many residents, would boost the pool of potential players dramatically. If they want to offer the big jackpots that attract scores of players, they are likely to look outside their borders to combine gaming offerings and set regulations, much as they have with multi-state lottery drawings like Powerball and Mega Millions.
New Jersey is now the third state to approve online gambling, after Nevada and Delaware. Party Digital Entertainment, the world’s largest listed online gaming group, has a joint venture with MGM and Boyd Gaming. States received an estimated $7.5 billion in direct gaming revenue in 2011 on a fiscal year basis through licensing fees, taxes and other allocations, according to Fitch Ratings.
(Reuters) – New Jersey Governor Chris Christie this week finally approved online gaming in the Garden State. If more states sign up for online gaming and form a large, multi-state system, the numbers of players could soar — and so will tax revenues.
“If individual jurisdictions go about setting up their own individual processes without the industry as a whole looking at it together, it’s going to be a very difficult thing to do,” said Craig Durbin, committee chair for the lottery subcommittee of the National Association of Gaming Regulators.
A state’s population is a key factor for the new gaming programs. government has long considered online wagering illegal, but the Department of Justice in late 2011 clarified its stance, paving the way for states to unilaterally legalize some forms of online gambling.
“If you are flying to Vegas you are not necessarily doing so with the aim of being able to fire up your laptop and gamble,” said ITG casino analyst Matthew Jacob, pointing out that most people go to Vegas for its casinos. While it may be hard for states to not make a run for the money, historic trends show revenue spikes from gambling are anything but a steady stream. A 2012 analysis by Stateline, a project of the Pew Center on the States, found that of the 13 states that had legalized casinos, casinos at racetracks or lotteries in the previous decade, more than two-thirds “failed to live up to the initial promises of projections made by political and industry champions of legalized gambling.”
Las Vegas-based MGM Resorts International told Reuters in October that several states were already in talks about how to link interactive gaming plans.
Cooperation would also help states regulate the market by sharing resources for identifying where gamblers are located and guarding against under-age gambling, stolen identities and credit card fraud.
By Deena Beasley and Nichola Groom
New Jersey will take 15 percent of the amount won by online casinos from players within its borders. With just 2.7 million residents, Nevada could have trouble attracting enough in-state players to its online poker games to offer a range of limits, or the minimum and maximum amounts a player can wager on one bet. “New Jersey is bigger, but the opportunity comes when a number of states are up and operators can span across those states.”
“We are encouraged to know that states are talking to one another. Without a wide range of active games, states could lose business to the unregulated offshore sites that dominate the market currently.
At the same time, Durbin said it will take time to find common ground. Nevada’s law legalized only online poker, while New Jersey’s allows for a broad array of games, including online slots, blackjack and other table games.
(Additional reporting by Hilary Russ; editing by Edward Tobin and Andrew Hay)
“Revenues generated through online gaming will hike in the beginning,” said Lucy Dadayan, a senior policy analyst at the Rockefeller Institute of Government in Albany, New York. Gibraltar-based Bwin. Rival company 888 Holdings is partnered with Caesars Entertainment, while Wynn Resorts is partnered with PokerStars.
According to American Gaming Association, about 85 countries have legalized online gambling, and an estimated $35 billion is bet online worldwide each year, including millions of people in the United States through offshore websites. They are crafting their own legislation and legal frameworks but are talking with other states in anticipation of compacting with multiple states,” said MGM CEO Jim Murren.
“There’s going to be intense competition for customers,” Michael Paladino, a Fitch Ratings senior director, said.
“I would be shocked if within a few years there aren’t multiple states cooperating,” said Tom Goldstein, an attorney who has represented online gaming companies. Every state except Hawaii and Utah collects some kind of revenue from lotteries, casinos or other types of wagering. Nevada will keep 6.75 percent of the dollars won from online poker players. For instance, technology that allows states to detect where a person is playing online — so that someone in New York can’t access New Jersey’s online gaming system, for instance, is not totally foolproof. More stringent geolocation options could “put limitations on growth, or on the ability to create revenue,” Durbin said.
States hit hard by the financial crisis, and by the increasing costs of retirement and healthcare benefits, are still struggling to plug big budget holes, and many expanded gaming as they looked in every corner for new sources of revenue.. The catch, however, is that the new laws apply only to people physically present in the individual states.
Such pacts would come in addition to relationships many casinos have with overseas online gaming companies. “But they are always short lived.”
Even if you have the worlds most accurate method, over time you will go broke if you dont practice good money management.
Money management rules include defining your trading float, setting your maximum loss, calculating your stop loss, and most importantly learning how to choose your position size. A percentage of your trades will not work out. A certain percentage will not go in your favoured direction, and the next trade has nothing to do with the last one. When I first played roulette in a casino, I saw a string of 23 blacks in a row. The last coin toss has nothing to do with the one before it, each flip is a random event. I really thought I had the Holy Grail here. Searching for these on your own, is a needle in a haystack (hard to find). . But, if its so easy for an 23 year old to figure it out, why arent all the casinos out of business and why arent were all millionaires? Unfortunately, roulette doesnt work this way.
So, here I am at 23 and Ive set up my computer program to test my theory. By being triumphant with your money management skills, you can keep your risk at a level at which youre comfortable with, keep from making poor trading decisions, and ensure you dont loose your trading capital. Id sit at the table. But, each flip is independent of the last. These online trading systems are unbelievably powerful, lucrative, reliable, yet simple to use. With this system, eventually Id win and Id come out one dollar ahead. NOW, I reveal all.
Why do these money management rules work? You know, its funny. This is why money management rules are a critical part of any effective trading system.
The first point to mastering money management is that you have to understand when youre trading on the stock market is that you are playing the odds but unlike many forms of gambling, you can make money. I went home defeated.
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Trading is the same. I once thought I had a fool-proof way of making money on roulette. I made a ridiculous amount of money in the program. This means its possible to get a hundred heads in a row if you do it long enough, and believe it or not, thats what happened to me. You see, Id bet on red and black.
Lets say I had five reds in a row. You see, if were flipping a coin, heads has a 50 percent chance of turning up on each flip of the coin and so does tails. Once these rules are in place, its important to stay with them. After the ball had landed on black or red five times in a row, I would start betting on the opposite color. If I was wrong, I would go ahead and double down, so that if I started my bet at one dollar, the next time I would be able to bet two dollars, then four dollars, then eight, then 16. The key to making this money is to respect the risk that is part of the market, and manage it. They will keep you from making snap decisions, and playing the odds longer than you should. This is why it is so important to follow money management rules.
READ my articles; you’ll FIND the most powerful insider trading plans and tips ever put together. Money management is a set of rules and guidelines that enables you to turn a profit. Until recently, I’ve kept this formula to myself. I trade everyday and my progressive efforts found the perfect trading card, a set system and plans that really work. I would then start to bet on black
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