Good Tournaments at Full Tilt Poker

Check this out — a shot at a 50K Prize Pool for as little as 50 Full Tilt points. Look for me at the Full Tilt Poker tables; my handle is rockrockrock.

We’ve got all sorts of guarantees with all sorts of buy-ins running around the clock, including our Fifty-Fifty event where a $50 entry fee can earn you a share of a guaranteed $50K prize pool at 21:30 ET every night. Satellites for all of these tournaments start for as little as $2 + $.25 or 50 Full Tilt Points. Register today for a great time – guaranteed.

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iMEGA Files Lawsuit v. US Attorney General, FTC & Federal Reserve

Interesting… the The Interactive Media Entertainment & Gaming Association (iMEGA) is trying a different tactic to stop the enforcement of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). They have filed a lawsuit saying that enforcement of the UIGEA would set a dangerous precedent because “sets a dangerous precedent for I-commerce by criminalizing the transmission of money if the end result is illegal in some unspecified place”.

Other grounds pointed out in the lawsuit is the recent rulings by the World Trade Organization against the United States regarding their stance toward online gambling.

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Dutching and Soccer Matches

Dutching is a betting method whereby one bets on more than one outcome of a sporting event. Bets are placed on different outcomes and in different amounts in order to ensure a certain profit regardless of which outcome occurs.

Most often applied to horse or dog races, dutching can be applied to soccer matches. You can use it when you think there will not be a tie (betting A and B), or when you think that one team will certainly not lose (in which case you bet that team and the tie).

Here is how I would use dutching to determine if betting on both A and B is a good bet.

  1. Before looking at the odds, estimate the probability that the match will end in a draw; you can use someone else’s expert analysis from the papers or on the web, recent historical stats, the stats of key individual players involved in the match (especially the goal keeper), and other factors that you think are relevant to help you make this estimate. 
  2. Once you make this estimate — for example, let’s say that you estimate a 20% chance of a draw — then use this free dutching calculator to enter the odds for A and B in the Selection 1 and Selection 2 fields; remove any other values from any other Selection fields. Be sure to use 100 for the Total Staked value to make the next step easier.
  3. Compare the Profit value to your estimate, and if the Profit value is higher than your estimate, then you will want to bet both A and B for the match. 
  4. If you decide that you want to bet both A and B, change the Total Staked amout to the total amount that you want to bet on the match. Place wagers on A and B as given in the Staked column to the left of A and B, respectively.

Rather than apply this method to a single match, I would apply this method to a whole day’s or week’s worth of matches, and then dutch the game (or games) where the difference between the Profit value and my estimate of a tie was largest.

I encourage you to try this method for fun for a while and see how it works for you. Keep track of your wagers and winnings on paper before making any actual bets.

When you are ready to use the dutching method to bet on matches, I recommend the following sportsbooks:

  1. Intertops
  2. USD BET
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Good News! NETELLER Progress for US Customers Announced

NETELLER announced plans to resolve its investigation with the US authorities by July 13. By that date, there should be a firm plan to distribute owed funds to its US-based customers. I don’t know about you, but I could use the cash that they owe me!

EcoCard has stepped up to fill the NETELLER void. If you do not already have an account, you should sign up for one. You can use it to play at an increasing number of online gambling sites, including Villento Las Vegas and Suite 332 (my new favorite!).

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