New Online Casino Games – Who Needs New Casino Games?

A variety of offered products and/or services is one of main conditions to attract customers. In gambling business it is games first of all. Different places offer different games, but the leading ones are poker, blackjack, and roulette. Less popular and therefore rare in gaming houses are game of craps and baccarat. There are also about 10 special games in the world. However there are far more games in casino. Where do they come from? They appear due to different things:1. InventionsEvery year about 2-3 new author games appear on international exhibitions. In the beginning they attract casino operators by their uncommonness very much, who examine them, read incomprehensible rules carefully and try to play these now-how. But their interest gradually disappears. In fact these games are not interesting and sometimes can be difficult to understand not just for an ordinary player, but casino representative as well. Also many games require special equipment. Even if the owner places a table for such game, the customers of casino will be disappointed by it: “Too difficult, boring, not interesting”. And frequently: “No chance”.2. Casino inventionsFrom time to time the owner or employees of gaming houses invent quite interesting games. However, they have no future as well because of the above mentioned reasons: “I don’t want to spend money to learn new games”.3. Innovations, based on the change of existing gamesIn this case, to think of a new game, it is enough to change the rules of already existing one.So what makes gaming houses to introduce new games in a casino? Are modern players bored with original version of roulette, blackjack and poker? Not at all. Except some kinds of poker, that are popular nowadays due to really interesting innovations, all new games are only small marketing help in promotion actions of casino. They do not have any playing effect.If a game is too complicated and casino wins a lot, players leave it at once. It is not interesting for the customers to play too simple and ineffective games. Far more attractive for them are games with the history, such as roulette, queen of the games; poker, having many combinations; intellectual blackjack, having as many or even more combinations as poker games. Besides, if an online casino offers bonuses in a form of free cash, these bonuses turn the house edge that normally exists in these casino games into a player edge over the house. That’s why online casinos started disallowing some games form qualifying for the wagering requirements on their bonus offers. Online casinos that disallow blackjack from their bonus offers lose a lot of good customers. There are still many casinos that disallow blackjack from the wagering requirement qualifying play, but a player should always look at which games these casinos do allow, and play only if the house edge will be small enough on the allowed casino games to provide good money value for the bonus.There is an opinion, that for the majority of players it is not so important what to play. The main thing for them is an atmosphere of a game. For example, roulette – people are trying to get to the bottom of this game for ages. Naturally it is easy to join them and try your luck.As a result it appears that the same games such as roulette, blackjack, poker are popular in casino, and all the rest ones keep manager happy that there is “a variety of games” there. That is not bad at all; the main thing is that both players and employees of casino are satisfied.

Understanding How Online Casino Tax Works

One common question comes from online casino players is that whether they are going to pay their taxes or not in playing casino games. “What if we lose?”, “How the taxes deducted from our winnings?”, “Do they always deduct taxes every time we play online casino games?” These are the common confusion many gamblers are dealing with.So, to start it depends on the gambling law that a particular country has specifically in managing an taxes from online casinos. But not all winnings are automatically taxed by the government. But it is always a player’s responsibility to understand everything about laws that are related to gambling so that they will be aware of how their country deduct money from their winnings. Here are the common processes that occur when getting a tax from online casinos and players (this is very important specially if you are a player from the United States).Winning Taxes:In many countries around the globe, especially the USA, it is mandatory for a player to submit or share something from her/his winnings. Sometimes, it reaches to the highest rate which is 50%, the lowest is 30%. How do they know if you win? You are obliged to declare your money or else you will be questioned if they track your money in their audit. Every player is required to declare their money if they win from playing online casino games to the IRS (Internal Revenue Services) whether it is offset by loses or not.Though the fact still remains that online casinos specifically from U.S. do not declare the amount of your winnings, and of course the federal law do not know if you win or lose, you still have the obligation to follow the law and declare it in your own because at the end, you will still end up explaining to the IRS where your money comes from because they will track your money through their audit.If you are a big time or the what they call “high roller” player and choose to declare and pay your online casino tax, it will be reported as other income on U.S. tax returns. The process goes by submitting only the net of your winnings. Meaning, if you play blackjack and win $3000 from a $300 bet, that means you have to declare all $2,700.The only exemption is that you are only required to declare and pay online casino tax if and only if you win big. It considers big if you win 600$ above, and that’s the only time that you are going to declare how much money you have won from playing casino games in the internet.Tax when a player lose:About tax when you lose, they indicate it as itemized deductions and will be deducted to your winnings. So it would be much better if you will take care of your taxes and keep them on track. Listed under “other miscellaneous deductions”, you are able to deduct up to the amount you have declared in your total winnings. Please be reminded that you are not allowed or you can’t show a gambling tax loss. For example, if you have declared $5,000 in your winnings, you can also declare $5,000 in your itemized deductions under losses. Just make it sure that you will not exceed to the amount that you have recently declared.It is imperative that you must prove your winnings and losses. That’s why keeping every receipt, tickets, etc. you receive from playing online casino games is a good option because the IRS strongly suggests that every online gambler must keep everything that will prove if they win or lose. All details must be included such as, the type of bet, how much you win or lose, name of the casino site, the I.P address of that casino, etc. Keeping a detailed book of your payment methods like eWallet, credit cards, debit cards etc. is very essential in paying your online casino tax.So to conclude, keeping records in playing online casino games and making sure that they are well-organized will keep you away from being questioned by the IRS and also to avoid them sending you to jail for not paying taxes. And of course, you will be able to pay your online casino taxes hassle-free.

Online Casinos and the Systems Myth

An intelligent gambling system always involves simple mathematics. Or, to better describe it; gambling systems have a way of fooling unsuspecting online casino gamblers into believing they can win huge sums of money, because of the allure of simple mathematics. In general, some online casino sites, or individuals who make their money from online casinos, may try to fool you into buying a book (or e-book) about how to be truly successful with online casinos.Calculating odds when it comes to online casinos is also simple mathematics. However, when it comes to odds we know that we can believe the numbers based on chance. The best casinos online will always give you the odds for each casino game you decide to play. Also included in the information will be the ‘house edge’ – this is the percentage the casino site takes in order to make a formidable profit.Before being fooled into believing you can make instant millions utilizing a gambling system, think of a simple coin toss. You can easily apply a mathematical approach to tossing a coin and predicting the outcome of whether it will land on heads or tails. It’s the same ideology behind the question: If you toss a coin 9 times with the result being tails every time, the math or odds tell us that the 10th time should result in heads. Have you ever tried it? Consider it an experiment of sorts and see if you can predict the result each time the coin falls.When it comes to coin tossing the odds are pretty straight forward – you have a 50/50 chance of getting it right. The same when throwing the dice on certain types of casino games, each side has a set of odds for coming up. For example, the odds of rolling a six on the dice is one in six. It’s simple mathematics – but a system? Absolutely not.Popular casino game and the systems have been around for more than a century. One of the most popular casino games to use systems is Baccarat. With Baccarat you will find systems like Parlay, Martigale, and D’Alembert to name just a few. These systems base their claims on mathematical systems, telling online casino players that they have the secret to winning money – easy money from the game and from the online casino hosting it.One system does almost the exact same thing as predicting a coin toss. It says that if Red is on the win for 9 times, than Black must be next. Another system tells the online casino player to up each bet or wager as they play. This means you bet 10 credits on the first round and you lose, you simply bet 20 on the second round, 30 on the third round and so on. The system is telling you that at one point you HAVE to win and by upping the ante each play, you’re set for a major win fall…eventually. Well, what if you run out of money before hand? Or, wouldn’t it make sense to assume that all you’re really getting back in the end is the money you already spent? Both are logical questions that only require a common sense response.The facts are simple – there is no winning system for online casino games, or even the casinos in Vegas. It comes to the luck of the draw, the roll of the dice and the toss of the coin. It’s all a matter of chance and that is it. Don’t be foolish and waste good money on an online casino claiming to have the secret to casino success. Budget well and play smart – the only wager worth making.