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Why you should learn poker and game theory (LONG READ)

Hello everyone! I have only been on Reddit for a few months but I learned so much from it that I figured I should try and give back to the community. English is my second language and this is the first time I ever write a full-length article, I hope you will enjoy reading it and I would be very thankful if you could provide some feedback about my writing, about the topic, or about anything else really… So here goes!
Why you should learn poker and game theory:
My story is similar to that of many: I learned about the game 10 years ago (during the golden age of online poker) when some friends of mine invited me to play a home game. Although I initially thought of poker as just another game of chance akin to playing slots or roulette in a casino, I quickly came to realize that there is a lot more to it as my more experienced friends would repeatedly get the best of me during these home games, which led me to start watching videos and reading strategy books to improve my skill… Little did I know it’d be the start of a journey that would impact many different aspects of my life way beyond the game itself, as most of the fundamental principles learned through poker can be applied to your decision-making outside of the game, especially when it comes to money management and investing. Now, let’s dive into a few of these principles:
​
- Risk management (i.e. Bankroll management)
When learning about how to be successful playing poker, the first big piece of advice most people come across is bankroll management or BRM. To understand BRM, you must first realize that poker has a lot of variance: you might be vastly ahead in a given hand but there is almost always a slim chance that you will lose in the end if one specific card hits. This implies that you will sometimes lose even though you were a 99% favorite, and that you will sometimes get unlucky and lose 2, 5 or maybe even 20 such encounters in a row. THIS is variance. It doesn’t mean that you played bad or that you made bad decisions, but rather that you got unlucky. Over time you will have lucky streaks and unlucky streaks, and these will average out in the long term… It’s just the way the game goes.
Now that we understand variance, let’s get back to BRM. What is it exactly? Let’s say you are the best poker player in the world but you only have 1000$ that you can EVER use to play with. Taking your whole 1000$ on one table and multiplying your stack at an exponential rate might seem like a good idea. Surely nothing can go wrong since you’re the best player in the world right? But variance can be a bitch ;) Even if you’re the best you will lose regularly and you will sometimes get unlucky, it’s just part of the game. The correct move here is to apply BRM, which means only using a small % of your available capital for each game you play in order to reduce the risk of going broke. Using only 100$ per game would already be a lot safer, but you still run the risk of going under on a streak of bad luck. If you only allocate 10$ per game you play, then it becomes virtually impossible for you to ever go broke, even on a huge streak of bad luck. Sure it’s not as exciting and you won’t be making money quite as fast as you could, but this is the way to go to make sure you don’t go broke…
This approach to risk management translates very well to investing:
- Only invest what you can afford to lose. Once the money is on the table it’s as good as gone, which is why you should only use your “spare” cash and never invest with your living expenses or worse, borrow money to invest.
- Diversify your investments. There is always a chance, however slim it might be, that you will lose most of your investment. This is why going all-in on a specific investment is generally a bad idea (this applies particularly well in the crypto space).
Proper BRM allows you to make sure that you will come out ahead in the long run if you play well, which basically comes down to making more good decisions than bad ones. But that’s assuming you don’t let emotions come in the way of your decision-making, which brings us to our next point…
​
- Emotional management (i.e. Handling tilt/Positive mindset)
Nobody likes losing… In the same way we enjoy winning because of the dopamine rush, we feel bad when we lose which is totally natural. Overcoming this and avoiding tilt (irrational decisions made out of angefrustration) is an essential skill for any successful poker player. You might play a sound game of poker and apply good BRM, but you will still lose if you let your emotions get the best of you.
After a loss, rather than being angry and frustrated, you should evaluate your decision-making. If your decision-making was good, you just got unlucky and you shouldn’t worry about it since you are playing for the long run (remember that variance teaches us that anything can happen in the short-term). If your decision-making was bad, you need to learn from your mistakes and move on. The key here is to always have a positive mindset: making mistakes is part of the learning process and should be seen as an occasion to improve. Being angry and ranting, on the other hand, rarely result in anything positive.
Again, this translates very well to investing:
- Don’t be impulsive, don’t let your emotions cloud your judgment. You should not FOMO because the price is pumping, nor should you sell because of FUD or price corrections. If you believe in a project, short-term price changes (did I hear someone say “variance”?) shouldn’t bother you.
- Don’t get stuck up on losses. You bought the top and it crashed immediately after? You sold the bottom right before a huge rally? Don’t let this bother you: what’s done is done and you just need to move on and make the best of your current situation.
- Have a positive mindset. Anger and frustration lead to nothing. Yes you could have bought in 2009 when you first heard about it, hindsight is always 20/20. Stay positive and keep learning/improving yourself.
The good thing about all this is that it goes way beyond poker or investing. Being aware of your emotions and how they affect you, learning how to handle losing even when you were “supposed” to win, etc… All this can tremendously help you in all aspects of life by making you less impulsive and more rational in your decision-making. Now, this leaves us with our last fundamental principle of a sound poker strategy:
​
- Basic stats and probabilities (i.e. Expected value/Odds)
To become an accomplished player, you will inevitably have to learn about these simple mathematical tools that poker players use all the time in their decision-making process, such as odds and expected value. To make it very simple, the expected value (EV) of any bet is (REWARD \ WinRate - RISK), meaning that if you can bet 1000$ with a chance to win 10k$ half of the time, your EV is *(10000\0.5)-1000 = +4000$**. Obviously these are great odds to take as long as you have enough capital to overcome variance. But things would be very different if the odds of winning were only 5% as your EV would then be negative *(10000\0.05)-1000 = -500$.*** Now this is clearly a bet you should not take…
Now that you know probabilities, statistics and game theory are useful decision-making tools in poker, guess what? They are also extremely useful in investing! Even better, the study of game theory with problems such as the “Byzantine generals” or the “Three prisoners” has been, along with cryptography, the foundation on which blockchain technology was built, enabling the trustless and decentralized services that are about to revolutionize our world…
Assuming this was enough to pique your interest and make you want to dig deeper, I’ll just add that just like the other topics we discussed and as you might have guessed, this translates very well to investing and also to pretty much anything in your life:
- Learn how to break down complex situations. Logical thinking paired with a statistical approach will help you break down any complex problem into several easier problems, making the whole thing a lot easier to approach/comprehend.
- Base your decisions on a methodical and rational approach. List every possible outcome along with its associated upside/downside, estimate the probability of each outcome to occur and make the best decision based on the information available.
My point here is that risk management, emotional management and statistics/game theory are all awesome tools that you should definitely add to your arsenal. Not only will it improve your money-management and investing, it will also be beneficial to your decision-making and to your life in general. Of course poker is not the only way to learn about these, but I personally found it to be the best practice ground to refine and improve them, which is why I strongly encourage you all to try it out and study the game.
I hope you enjoyed the article, and I wish you all a happy 2021 bull run! May we all come closer to retirement and financial independence!
​
TL;DR: more than a game, poker is a school of thought. It teaches you to be reasonable, to assess the risk of every single choice you make, to overcome you emotions, to play the long game rather than the short game, to make informed decisions, etc… This has made me a lot wiser in every aspect of my life, which is why I strongly encourage to try it out and read about poker strategy.
submitted by RaBaTaJ_ to CryptoCurrency [link] [comments]

26 Capital Corp (ADERU) is a new at-NAV SPAC with world-leading online gambling expertise - worth a bet

EDIT - one week after i posted this, Britain's most successful hedge fund manager Michael Platt has taken a 6.5% stake
tl;dr
At-NAV new SPAC with world-leading expertise in online gambling. Worth a bet on potential to be next DKNG on the hype train
   
+++++++
Hi all - have had a lot of great tips from this sub. Hopefully this pays some of you back. I have been watching and researching this since 23 December when it first filed S1, awaiting the units to be listed - they are available today trading as ADERU
Positions - 500 units @ 10.42 to start. Will be monitoring and building position below $15, especially if attention starts to build ahead of units and warrants splitting and shares coming available to Robinhood.
(My other SPAC positions are OPEN, IPO-E-F, PSTH, FUSE, PIPP, ACTC, CCIV and DMYD, 100 to 1000 shares each mostly around NAV and numerous warrants and options around these.)
As ever, this is not investment advice and do your own research
+++++++
   
26 Capital Acquisition Corp or ADER
is a 240m SPAC with usual terms - 10$ units, 1/2 warrants. Seeking a merger in "gaming and gaming technology, branded consumer, lodging and entertainment, and Internet commerce sectors".
I think this is highly worth a play on the online gambling hype if you can get in at near NAV, based entirely on the management which is unbeatable in its knowledge of the gambling industry
   
CEO Jason Ader
has held director level positions at Las Vegas Sands Corp. ($42bn one of biggest casino groups in world), IGT (£3.72bn multinational gambling firm specialised in software and slot machines) and Playtech (£1.4bn multinational gambling software firm)
Before starting his own fund in 2013 he was regularly ranked Wall Street's top analyst on the gambling and leisure sector
His fund, Spring Owl Capital, is a small activist fund focused on gambling and leisure. They are probably most famous for ousting the CEO of Viacom in 2016 and a crusade against Yahoo CEO Marissa Meyer in 2015.
Ader knows the gambling - and online gambling - industry inside out. He drove bWin to a £1.1bn takeover by gambling giant GVC (now Entain) in 2016, and has been driving similar change and demands for improvement at board level at Playtech
The fund mostly manages money for a select group of wealthy families, which could be a positive sign for the SPAC (although I don't know how much skin in the SPAC the fund has, if any)
Here is a video of Ader from November talking about how he's excited about SPACs. He talks about how he has been advising certain States about legalising sports betting and how to maximise value and liquidity by linking up with European companies in the space (Playtech e.g.??).
Ader is extremely bullish on US legalising online casino and more sports betting options, accelerated by need for revenue because of pandemic
   
Rafi Ashkenazi
One of the most highly respected names in the online gambling world, including COO and CEO positions at major online gambling firms such as Playtech and Stars Group (a world leader in online poker and casino). At Stars he led the $4.7bn takeover of Sky Betting to create the world's largest publicly listed online betting firm in 2018. Most recently he led the £10bn merger between Flutter (biggest gambling company in world by revenue, market cap £26bn), and Stars Group (Ader also involved). Also has connections into the booming Israel tech space which is interesting
   
Joseph Kaminkow
Special Advisor to the Chief Product Officer at Aristocrat, a leading gambling software provider and games publisher, previously Vice President of Game Design at Zynga Inc. This guy is a former video game / pinball designer who is credited with revolutionising the slots industry after moving into gambling software from video games in 1999. Regarded as a "legend" and "hall of famer" in this niche. At Zynga he designed so-called 'social casino games' which don't involve real-money gambling but are otherwise basically gambling apps (revenue from microtransactions etc). 130 patents on gambling/gaming design inventions
   
Greg Lyss
This is a very interesting but extremely low profile person. He was Bill Ackman a.k.a SPACman's right hand man at Gotham Capital. Ackman respected him so much that when Ackman set up a personal hedge fund to invest the Ackman family's money, he put Lyss in charge of it. To repeat - Bill Ackman thinks this guy is such a good investor and trustworthy that he put him in charge of investing his family's money. Don't know anything more about him, but I like this association with Ackman, which suggests to me some integrity around management of this SPAC, especially as the gambling world can be very murky.
The other member of the team is the CFO of SpringOwl with 20+ years' hedge fund experience and not notable (although clearly competent)
   
Thesis / potential targets
Based on the above experience and many public comments by Ader over the past year, I would be very surprised if ADER is not looking to merge with an online gambling technology provider / existing online betting website / social casino app / possibly a supporting technology provider
They are activist inventors, and specifically say in the IPO prospectus that they could look for businesses that can benefit from turnaround or are not being run well. I speculate that their deep knowledge of the European / global online gambling industry means they have a target in mind that they think would benefit from their expertise and US liberalisation of gambling legislation.
   
1) Ader believes the listing of UK-listed gambling companies in US is immediately big in terms of market cap because of the premium on online gambling stocks in US. He has pitched DraftKings to takeover Playtech and called on Playtech to spin off non-core business. This makes me wonder if he would spin off some element of Playtech to list in US to cash in on gambling hype.
This might be Finalto.com / TradeTech which is an online financial platform owned by Playtech. Playtech has been trying to sell this for 200 - 240m since August so it fits. This company provides liquidity and trading to brokerages and runs markets.com a trading site. I wouldn't be that excited although apparently the business has been booming during COVID and there could be a decent pop just on fintech hype.
   
2) This could be a 'picks and shovel' type data/B2B betting software play a la DMYD, or something like e.g. Israel based CRM software Optimove which works with some of biggest online gambling cos and has links to Ashkenazi. This would be interesting but probably not a huge pop
   
3) Possibly - given Ader's links to Sands - an online gambling tie-up with one of the big Vegas casinos who are desperate to get into the online betting space (see MGM's attempt to buy Entain for $8bn last week). Interestingly, Sands' owner Sheldon Adelson, previously a major opponent of online betting, has just died. Ader predicted a few months ago that Sands would be moving in this direction.
“There’s no stopping online gaming,” Ader said [before Adelson's death]. “(Las Vegas Sands’) initiatives to stop online gaming, at this stage, are largely historic. There hasn’t been a lot of spending recently to do that, especially post-pandemic.”
“I think the company will see the value created by DraftKings and FanDuel and Penn (National) Gaming and others. They’re not foolish,” Ader added. source
   
4) Ader is very confident that Macau will legalise online gambling in next year or two. Sands is big in Macau, the biggest gambling market in the world. A SaaS-type product positioned to capitalise on Asian gambling would be MASSIVE - at present however, China's attitude to gambling and local regulations mean this is unlikely
   
5) I also wonder if they might try to take legitimate one of the offshore bookmakers with big customer databases and brand recognition but which have been grey-area/illegal under US gaming legislation. For example, Five Dimes recently announced a settlement with the FBI to attempt to transition into newly legalised US markets. This might have the most hype potential
   
Potential upside
This is entirely a play on management experience and the meme factor / hype around online gambling in the US. I think if they pick a good target - which given their experience and connections seems likely - and get the right publicity and attention from retail investors looking for the next DKNG this could easily 3x and maybe 5-6x if on DKNG-type hype levels.
There is currently little spotlight on this and it is a good time to get in at NAV
   
Potential Downside
submitted by calcio1 to SPACs [link] [comments]

[Dress-up Game] The Constitutional Crisis in the Republic of Bimboland, or, when the owner of a dress-up game decided just to completely fuck with his userbase

Content warning: Discussion of a game that makes light of eating disorders and suicide
So, it's possible you heard about Miss Bimbo about ten years ago. It generated a bit of outrage in 2008 because it was a dress-up game designed to be as offensive possible. You had to keep your doll at a specific weight or the doll would physically change to look grotesque (though I do remember there being a level where you had to make her fat so she could be a plus size model). You could buy diet pills to speed up the process of losing weight. You could buy yourself a boob job. How did you get your money? You attracted a boyfriend who would give you a daily allowance. So, yeah parents weren't very happy about this game! Of course, as a pre-teen, the controversy only made the game more appealing to me. Here's the thing -- the offensive premise of the game only scratches the surface of how fucking crazy the world of Miss Bimbo (later rebranded as Bimboland) is. Updates to the game are made with an outright disdain for the player base. I'm not the perfect person to tell this story because I had left MB before it went down in flames and don't remember it that well. But one day I got curious and tried to return to MB, only to find it was now "The Internet Republic of Bimboland." Chris, the site owner, treats the site like a social experiment. The players all hate it! Let me tell you a little about it.
Part One: How the Game Works
The Politics
So first, let me explain the site to you. Bimboland is like Miss Bimbo........except it's political now? No one cares about the politics except for the site owner, Chris, who really tried to hype up Bimboland as "the first internet republic." When you make your account on Bimboland, you choose a state to be a part of. You see the state's ideology and stances on guns, the death penalty, abortion and compulsory boob jobs, as well as the state average penis size and the state average bra size (for reference, according to the wiki, the centrist state Freethinkerland has the biggest average penis size at 12.8 inches. The Marxist state Atheista, has the smallest average penis size at 9.9 inches.)
Every four months, there is an election for State Minister. To run for State Minister, you have to be a Senator, which is what the game calls its membership option. Being a Senator costs $10 a month and gives you certain perks like extra in-game currency, sales on clothing, and more outfit slots. Being elected State Minister means basically nothing except for the fact that if you're a SM, you're eligible to run for Prime Bimbo. In theory, the Prime Bimbo is meant to serve as the mediator between the game team and the player base. In reality, the PB has no real power other than getting to change the forum rules. However, the game advertises that the PB gets a share of the treasury money that comes in from players buying senatorships and in-game currency -- that's right, you can make real money from this game. A banner on the top of the site advertises that last term, the Prime Bimbo made $429.15. If I remember correctly, I've seen it as high as $900, definitely up to $600.
So, you'd think people would be pretty excited about the prospect of making a few hundred bucks on a game they play, right? Nope. Out of the six State Ministers, typically only two or three of them will run. One Prime Bimbo got burnt out on the job and quit mid-session (the game team promised that the next PB would get her earnings, but the playerbase demanded that she be paid for her time. She said that she didn't want the money and that it could just be donated to charity. I'm not sure what happened to her money.). And the money? Not super reliable. I've heard from recent PBs that they've gotten their money but older PB apparently have been shafted.
Bimboland also has a president, Miss Bimbo. Miss Bimbo is one of the profiles Chris uses in the game. He also has another profile, SweetasNuts. SweetasNuts's is listed as "the president's massuse." Miss Bimbo and SweetasNuts are uncomfortably horny for each other. For example, in the post where Miss Bimbo introduces SweetasNuts, "she" writes, " His name is Sweetasnuts and he is a very handsome himbo. Rumour has it that he has the biggest penis in all of Bimboland. I wouldn't know - not because I haven't seen his penis but because I haven't seen all the penises in Bimboland. Yet. "
The Shop
The most redeeming thing about Bimboland is the clothes, which is what you want in a dress-up game anyways. The shop has over 20,000 items (though many are duplicates in different colors), most of which were originally from Miss Bimbo. All of the items that have been made since have been by players and that number is probably in the thousands (I know at least some of items from MB were also player-creator but I don't know what percentage). Rewards for creating items are sporadic - players have to actually message a member of the game team and ask to be rewarded. So, if you designed a dress for BL, you don't get the dress you designed. You have to beg for money for it. Getting to see the creativity of players and play with their clothes is basically the only reason I'm still on the site. But the shopworkers aren't really get fairly compensated for the extremely valuable service they add to the game.
There are a lot of incredible items in the shop, but looking through the shop is a bizarre experience because there's also a lot of trash in it! Like this dress made with shoddy MS Paint skills or this dress with big "DO NOT BUY" text on it (of course, I bought it). You can also buy crude items like dildos and brightly dyed pubic hair.
Misc. Problems with Gameplay
When I first joined the game, making money was a particularly painstaking prospect. You would send your Bimbo to work for (x) number of hours (up to four) to get money. When they get too tired, they have to go to sleep. They can also only work for a certain number of hours before they need to up their "self-indulgence" levels by partying or having sex. Beginner players make about 10 B$ (Bimbo dollars) an hour. The average shop item is like, 500 B$ or higher. It also cost 1000 B$ to masturbate for some reason (masturbating has since been changed to "relaxing"). To get to better paying jobs, players have to spend time upping their fitness, vanity, and superficiality levels. There were two games - both memory games, that gave you a few B$ if you played them and it was literally impossible to get the highest reward tier unless you guessed most of the pairs right on your first try (it's now possible to win if you cheat). You can also win money by participating in debates. Players write their opinions on the environment, fashion, money, religion, sex, and sports and then debate other players. Players would then vote for whichever bimbo's opinion they liked best. The winner gets 20 B$. Later, the game would add "Fights," which are the same thing but players are competing over outfits. Luckily, BL added more features that made much easier to make money.
One of the biggest complaints players have about the game is the boob job feature. Boob jobs are somewhat expensive but the vast majority of the clothes in your closet doesn't fit if you get boob job. Most of your closet literally disappears if you get a boob job and there's no warning about this. The only way to get it back is to pay the same amount to reverse your boob job. Players have asked for at least a warning, but nothing has changed.
The graphics found around the site are pretty bad. This image of the Bimbo Laboratory, is straight-up only half done. One image on the site is a stock image that still has the watermark on it.
General Tastelessness
Wanna delete your account? You have to "commit Bimbo suicide." Users with deleted accounts have R.I.P. next to their user names. Players have asked for this to be changed for years.
Part Two: Chris's Volatile Behavior and Harsh Rule Over Bimboland
Prologue: Chris in Miss Bimbo (the original game)
So, all of this is stuff I read secondhand, but it's all worth talking about. Here are some things Chris did that drove Miss Bimbo to the ground. These are largely gathered from user Cum_Dumpster in this thread.
This is a snippet of how Chris responded to players upset about the bodyguard update:
Hi Bimbos, A few polite reminders: 1) To all bimbos who complain about professionalism: This is Miss Bimbo not Miss Boring. Please take your head from up of your own arse and buy some bimbo dollars 2) To all bimbos who want to lecture us on how to run a business: Thanks but I have a 1st in customer service and Nico has a first in website management. So please take your head from up your own arse and buy some bimbo dollars.... Quick Question = Why did the bimbo have her head so far up her own arse?"(x)
The Constitutional Crisis of Bimboland: The Beginning
On February 2, 2020, user Favorite Worst Nightmare was elected Prime Bimbo. But something unusual happened. Everyone in FWN's state, Atheista, had golden username bars instead of the normal pink ones. Atheista players found that they were getting bonuses like getting extra fitness, vanity and superficiality points. Chris, under the Miss Bimbo profile, announced that there was a "constitutional crisis" in Bimboland. Miss Bimbo stated that the election turn-out was low and that "she" had to modernize the government system to increase voter turn-out. "She" wrote:
I have decreed that for 1 year only we will try a new system of governance where the Prime Bimbo will duly be elected from the state that has the most votes and support. This way I feel sure that the role of the right honourable Prime Bimbo will once again become respected as the most important bimbo in the beautiful free world.
So, this basically meant the State Minister from the state with the most users would be PB since users were incentivized to vote for the SM from their own state. Not only were users from the winning state getting increased fitness, vanity, and superficiality points, they also got 5,000 B$, 100 diamonds (the premium currency), and a chest of in-game items. People were furious about this. They saw it as slap in the face -- users had asked for so many changes and Chris did this? Although everyone knew the PB had minimal power, it still meant something. Furthermore, users also saw this as cheap cash grab. Switching states is possible, but it's expensive - and it became more expensive after this update, so the "constitutional crisis" felt in part like a scheme to get people to spend money to buy in-game currency so they could get the bonuses associated with being from the winning state.
Users protested in three ways. Some users dressed up as Miss Bimbo, but made her into a clown or a devil. The shopworkers uploaded thousands of items for 1 B$, effectively giving away thousands of in-game items. The shopworkers also uploaded items to help users dress up their avatars in a way to protest. They added a 1 B$ costume of Miss Bimbo titled "the 'honorable' Miss Bimbo," plus signs that read things like "Internet Dictatorship of Bimboland" and "I voted and all I got was this shitty electoral system." One sign outright mocked Chris, reading "i HaVe in CuSToMeR SeRViCe" (referencing the rant he made on the Miss Bimbo site after players complained). And most importantly, many senators cancelled their senatorships and vowed to stop giving money to Bimboland until the Prime Bimbo election was fixed. Plenty of players outright quit the game. Looking through the archived forum posts, the discussions are littered with users with "R.I.P." next to their names (though some of those users quit to unrelated drama that won't be discussed here).
Update Two on the Constitutional Crisis
On March 10, 2020, Chris posted as Miss Bimbo, apologizing for the change and promising that would users from the winning PB's state would no longer be given bonuses.
When the next Prime Bimbo election rolled around in June, users from the winning PB's state were given bonuses.
Final Update on the Constitutional Crisis
On March 29, 2020, Chris posted another forum post as Miss Bimbo. Miss Bimbo spoke of lofty goals for Bimboland, writing:
​
Ultimately it is my goal here to create a unified Bimbo nation. We are being ambitious and trying to do something that has never ever been done before ie create a democratic online nation. Disrupting the world order so to speak. Essentially it is our aim to evolve and grow and create a community that is a wonderful functioning healthy government and society. Nobody has ever attempted anything like this before and so we have no one else we can follow or learn from. We are pioneers. Bimbo pioneers together as one
After this passage, there's a tacky bimbo rewrite of MLK's "I Have a Dream" speech. Couched in the rhetoric is the following news:
So yeah, people are angry but also tired at this point. The Constitutional Crisis thread had 14 pages. This thread only has 4.
Coda
There was another PB election this month. The bonuses have stopped. While there has been some incidents of drama within Bimboland users, Chris has left us alone. Bimboland is currently at peace.
submitted by throwawaymiscnum to HobbyDrama [link] [comments]

Wagering Requirements Questions

I live in Michigan where online casinos just became legal and now there are a whole host of online casinos offering promos to lure you in.
My question is in regards to this promo
So just to make sure I am understanding this correctly, if I deposit $1000 & am granted a $1000 deposit match, I have to play $10,000 to withdraw any of the promo.
If that is correct, my questions are
  1. If im up anytime above the $2000 (Initial deposit + Match) say $2500 can I withdraw the $500 winnings?
  2. If I burn through all of the initial $2000 (Initial deposit + Match) and then deposit more money, will i essentially start from scratch and my new deposit and winnings can be withdrawn from at any time?
  3. How do Online Casinos put the deposit match or bonus with the original deposit? Say you have that $2000 (Initial deposit + Match) and you lose down to $1250 and you would like to withdraw, can you only withdraw $250 because you haven't met the wagering requirements?
Thanks for all the help as this is new to me and all Michiganders!
submitted by OhHeyBrett to gambling [link] [comments]

The Current State Of RDO For Veterans, Casuals & Newcomers Alike.

I've seen a lot of back and forth between veteran players, casuals & newcomers alike about this update, Rockstar and the game in general. Some are against thier actions, some defend them and some are neutral. Personally I love the game I played during BETA and now on PC, but I also despise it for it's issues. This latest update feeling like one big warning to stop playing altogether. For now, I'm taking a break from playing. So I've compiled and left a list of issues, general facts and lack-of for people to better judge & talk about the current situation of the game below:
•Online was first released in BETA November 2018, during BETA they introduced Microtransactions with a very scarce amount of content.
•Online later came out of BETA in May 2019 still scarce in content, and then in September it's first major update introducing 3 core roles.
•As a comparison to GTA Online, RDO lacks the Rockstar Editor, Creator Mode, Private Free Roam, aim locked Free Roam/PVP Modes (Free Aim or Auto Aim) & even text chat on PC.
•There was a 7 month period with no news or any information about an update alongside the community protesting as clowns to garner some communication from Rockstar to no avail.
•The collector role was nerfed/randomized due to how rockstar underestimated the ingenuity of the community, one of the main reasons being it was the best paying and easiest to do with a player guided map. Rather than also balancing other roles to make them equal. Such as bounty targets/target rewarding a measly $2
•Naturalist update releases, a sort of rehash of the collector role that lacks in useful content such as re-skins of the exact same legendary coat, being punished for killing animals despite a separate role & dailies that depend on it, pumping animals full of 20 rounds of sedative ammo just to take a sample, overpriced tonics & gold pamphlets that allow you to become an animal in a limited area for a limited amount of time for seemingly no purpose.
•We get outlaw passes, limited time content that relies solely on purchased or earned Gold along with XP or gold rank ups. This taking up a decent portion of content that people tend to get fixated on. This tactic alongside limited time stock clothing is just to put pressure on the purchase of Gold Bars (If you're running low) and to keep player numbers afloat for a longer period. (Fallout 76 has a similar tactic with Atomic Shop Items only being available for a limited time and the Legendary Run) We even have/had legendary bounties, emotes and legendary animals drip fed to us to drag out the update.
•Most of the new content that is added is either locked behind a Role or the Outlaw pass, hair styles, clothing, skills, horses, weapon styles, even emotes and walking styles. So essentially, we have to pay to unlock content so we can then buy or earn said content in game. Sounds a lot like buying a DLC pack with extra steps (As a comparison to GTA Online they can get 200+ new clothing options, hair styles, multiple vehicles, emotes, weapons, walking styles and tattoos immediately available to purchase or are free such as emotes and walking styles)
•There was a period after a botched update for about 1 to 2 days where the game was utterly broken and couldn't actually be played on consoles, they eventually reverted to a previous patch. People lost hard earned streaks and got no compensation for their screw up unless directly reported on an individual basis.
•There is often rampant hacking with modders even being able to stop themselves from being reported and being able to crash your system or boot you from a session, alongside bad Peer to Peer connection rather than dedicated servers. Hackers have even gotten players banned for tricking people into opening nearby illegitimate spawned treasure chests.
•There are many bugs and glitches that still haven't been patched to this day. Not to mention new bugs that come with new updates. For instance: (Not being rewarded XP & money, gold bar coupons not being rewarded, the infamous hanging gun bug, black screens, crashing, not being rewarded money for sales, NPC's suddenly firing their whole clip at you within less than a second, cloth wraps reverting to a different colour, gun belts floating, UI Errors such as not being able to use coupons or browse the full selection of bar decor and much more)
•Next to no advertising or info about this latest update before it released besides a small paragraph at the end of a social club post about the $5 Sale Of RDO. GTA Online on the other hand getting 3 in-game teases and 2 separate video teasers and a main post introducing a new island to a game that has been around for 7 years and 3 console generations now.
•We now have the daily challenge nerf that not only resets your streak automatically but is also rewarding half as much gold. As an example, with the old system if you did 5 daily challenges a day for 4 weeks you'd end up with 49 gold. If you did the same with the new system you'll get 24 gold. If you were to stay at the same pace and do 5 challenges a day with the new system you'd have to do it for 8 weeks straight or alternatively 10 challenges a day for 4 weeks to earn the same as the old system.
•With this latest update, technically they've added time limited pay-to-win skills/benefits behind an outlaw pass. Standard Ammo Capacity Upgrades, multiple meat cooking and wilderness camp fast travel (Outlaw Pass 5 has also leaked and is in the game files and has further ammo skill upgrades included such as arrows and varmint ammo) That's a slippery slope that could potentially lead to bigger and better things being P2W.
•We have to pay an extra 15 Gold towards the "Prestigious Bounty Hunter License" despite having already bought a license for the role.
This update alongside the standalone sale of RDO is nothing but a way to draw in and nickel & dime new unaware players of thier money. All the new players lured in by a cheap game will most likely know nothing of what the game was previously like. I saw one post of someone on here who bought it and spent £45 on gold bars to get the pass, roles and also advance the pass. And he didn't yet receive his free gold bar benefit tokens back from it. Don't forget that everyone before this had paid upwards of £45 or £89 for the base game or ultimate edition which includes Online benefits.
"It's free content bro, quit complaining" Just because it's technically free does not mean it's exempt from criticism. Especially being a live service game & the way they market and dish out their content. Might as well BE a paid DLC pack.
"You're just entitled gamers who want everything free and easy" At the end of the day it's a game, we play it because we want to have fun or to escape from the realities of day to day life. Not to feel like we're working a minimum wage job to survive. Why would you defend a nerf that makes the game harder not just for veterans but newcomers alike and sucks the general enjoyment out of the experience?
"They need money to give us free content bro" If that's the case, then the online content and live service they're currently providing people is pretty lacking and crap, plain and simple. If anything spending money towards the game in it's current state is only going to encourage them to stick with their new strategy. That being said, not everything they do is terrible. Some changes are good, such as the new $$$ bounties.
At the end of the day, we shouldn't be FORCED into a harder grind experience just to HOPE for some good future content. You can clearly see what title Rockstar & Take Two favor most, GTA Online their cash cow. If the content they put out for RDO was actually decent and bug free there wouldn't be this much uproar from everyone. People might actually be more inclined to buy gold bars if the content was good and consistent. If we're expected to further fund the content online they should at the very least listen and communicate with the community. They're a multi million/billion dollar studio, not a small indie dev team. I'm sure they can afford to produce better content and live services than what's currently available for a AAA experience.
The game is a bit like a slot machine, you can pay little for lesser reward but loose less cash (Grind) or double down for improved reward but bigger loss (Pay for gold) Either way when the wheels stop (Content Update) You're gunna get something, but it doesn't mean it's going to be what you wanted or what you were hoping for no matter what option you choose.
submitted by Gurtrude22 to RedDeadOnline [link] [comments]

Yeah, I have a problem...

Hi everyone, new here. Briefly read through some of the recent posts many of which sound a lot like my own struggle/story.
I'm in my mid 30s and have been losing every dime of my paychecks weekly since I was about 17. It all started with online poker - around the late 90s when sites like PokerStars and PartyPoker started popping up (and not checking I.D. as KYC laws and online gaming regulation wasn't really formed, with poker being a grey area in terms of it's "game of skill" status). Basically back then if you were underage you could just go buy a prepaid visa card from the local store and use that to deposit.
Without realizing consciously that I was starting to develop a pretty expensive habit. I spent most of my late teens and early 20s selling weed and working shitty jobs. The urge to gamble grew and my situation got really dark as I began stealing. First it was stuff like borrowing money from friends and girlfriends without thinking or caring about how I would pay them back. Then I began finding stuff around the house I figured I could sell without my parents knowing. Making e-check deposits on gambling sites with an empty bank account.
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Once e-check deposits became a thing I basically just ran around opening new bank accounts once one was deep in the red and just ignoring the calls/collection mail. Eventually there were no more banks that I could open an account with. Then one day I found my parents checkbook sitting on the living room table.
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In my mind, I could just do a quick $100 deposit, win at least $100 and get it back in-hand before their bank statement came in the mail. Or at worse just act like I didn't know anything about it when I would inevitably be asked about the strange charge. So I play with the $100, end up losing it before I saw any profits and decided, well, we're already in deep shit when they call the transaction company associated with the charge and get the full story.
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So I deposit another $200 to remedy the situation...
and then $300... $500... and within 3 days I had made $4700 in charges on their account. A day or two after the deposits kept getting declined I came downstairs with my parents sitting on the sofa, bank statements in hand and said "Son have a seat we need to talk about something". Before I could make it to my seat I was already balling my eyes out. I explained that every deposit was an attempt to fix the previous mistake ect ect and it was really the only time where what I had done and how I was living finally hit as reality.
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So fast forward 15 years later and here I am, still living with my parents. I have no real possessions or hobbies because i've sold everything of value to gamble along the years. Doing food delivery in a car that has 430,000 miles on it, working for companies that allow me to cash out my earnings on a daily basis. Unable to save a simple $2000 for an old beater replacement car before the one I have takes a dump on me. I literally have less than $500 to my name and I just got my stimulus money 4 days ago. I don't know what the hell i'm supposed to do to get on the right track and start making some progress in life. My friends and family have the patience of saints - that and I suppose they just feel bad or basically look down on me. Just last night I deposited $100 for slots and hit a $900 spin... but what do I do? Crank up my bet and watch it all wither away within a couple hours.
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As I finish this wall of text I just shrug and tell myself "All I can do is just avoid gambling, avoid the triggers" but i've been here more times than I can even remember. This is painful. I hate it. I feel like a selfish, bored, simple, and unhappy person.
submitted by DreamFeature to problemgambling [link] [comments]

Why you should learn poker and game theory (LONG READ)

Hello everyone! I have only been on Reddit for a few months but I learned so much from it that I figured I should try and give back to the community. English is my second language and this is the first time I ever write a full-length article, I hope you will enjoy reading it and I would be very thankful if you could provide some feedback about my writing, about the topic, or about anything else really… So here goes!
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Why you should learn poker and game theory:
My story is similar to that of many: I learned about the game 10 years ago (during the golden age of online poker) when some friends of mine invited me to play a home game. Although I initially thought of poker as just another game of chance akin to playing slots or roulette in a casino, I quickly came to realize that there is a lot more to it as my more experienced friends would repeatedly get the best of me during these home games, which led me to start watching videos and reading strategy books to improve my skill… Little did I know it’d be the start of a journey that would impact many different aspects of my life way beyond the game itself, as most of the fundamental principles learned through poker can be applied to your decision-making outside of the game, especially when it comes to money management and investing. Now, let’s dive into a few of these principles:
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- Risk management (i.e. Bankroll management)
When learning about how to be successful playing poker, the first big piece of advice most people come across is bankroll management or BRM. To understand BRM, you must first realize that poker has a lot of variance: you might be vastly ahead in a given hand but there is almost always a slim chance that you will lose in the end if one specific card hits. This implies that you will sometimes lose even though you were a 99% favorite, and that you will sometimes get unlucky and lose 2, 5 or maybe even 20 such encounters in a row. THIS is variance. It doesn’t mean that you played bad or that you made bad decisions, but rather that you got unlucky. Over time you will have lucky streaks and unlucky streaks, and these will average out in the long term… It’s just the way the game goes.
Now that we understand variance, let’s get back to BRM. What is it exactly? Let’s say you are the best poker player in the world but you only have 1000$ that you can EVER use to play with. Taking your whole 1000$ on one table and multiplying your stack at an exponential rate might seem like a good idea. Surely nothing can go wrong since you’re the best player in the world right? But variance can be a bitch ;) Even if you’re the best you will lose regularly and you will sometimes get unlucky, it’s just part of the game. The correct move here is to apply BRM, which means only using a small % of your available capital for each game you play in order to reduce the risk of going broke. Using only 100$ per game would already be a lot safer, but you still run the risk of going under on a streak of bad luck. If you only allocate 10$ per game you play, then it becomes virtually impossible for you to ever go broke, even on a huge streak of bad luck. Sure it’s not as exciting and you won’t be making money quite as fast as you could, but this is the way to go to make sure you don’t go broke…
This approach to risk management translates very well to investing:
- Only invest what you can afford to lose. Once the money is on the table it’s as good as gone, which is why you should only use your “spare” cash and never invest with your living expenses or worse, borrow money to invest.
- Diversify your investments. There is always a chance, however slim it might be, that you will lose most of your investment. This is why going all-in on a specific investment is generally a bad idea (this applies particularly well in the crypto space).
Proper BRM allows you to make sure that you will come out ahead in the long run if you play well, which basically comes down to making more good decisions than bad ones. But that’s assuming you don’t let emotions come in the way of your decision-making, which brings us to our next point…
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- Emotional management (i.e. Handling tilt/Positive mindset)
Nobody likes losing… In the same way we enjoy winning because of the dopamine rush, we feel bad when we lose which is totally natural. Overcoming this and avoiding tilt (irrational decisions made out of angefrustration) is an essential skill for any successful poker player. You might play a sound game of poker and apply good BRM, but you will still lose if you let your emotions get the best of you.
After a loss, rather than being angry and frustrated, you should evaluate your decision-making. If your decision-making was good, you just got unlucky and you shouldn’t worry about it since you are playing for the long run (remember that variance teaches us that anything can happen in the short-term). If your decision-making was bad, you need to learn from your mistakes and move on. The key here is to always have a positive mindset: making mistakes is part of the learning process and should be seen as an occasion to improve. Being angry and ranting, on the other hand, rarely result in anything positive.
Again, this translates very well to investing:
- Don’t be impulsive, don’t let your emotions cloud your judgment. You should not FOMO because the price is pumping, nor should you sell because of FUD or price corrections. If you believe in a project, short-term price changes (did I hear someone say “variance”?) shouldn’t bother you.
- Don’t get stuck up on losses. You bought the top and it crashed immediately after? You sold the bottom right before a huge rally? Don’t let this bother you: what’s done is done and you just need to move on and make the best of your current situation.
- Have a positive mindset. Anger and frustration lead to nothing. Yes you could have bought in 2009 when you first heard about it, hindsight is always 20/20. Stay positive and keep learning/improving yourself.
The good thing about all this is that it goes way beyond poker or investing. Being aware of your emotions and how they affect you, learning how to handle losing even when you were “supposed” to win, etc… All this can tremendously help you in all aspects of life by making you less impulsive and more rational in your decision-making. Now, this leaves us with our last fundamental principle of a sound poker strategy:
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- Basic stats and probabilities (i.e. Expected value/Odds)
To become an accomplished player, you will inevitably have to learn about these simple mathematical tools that poker players use all the time in their decision-making process, such as odds and expected value. To make it very simple, the expected value (EV) of any bet is (REWARD \ WinRate - RISK), meaning that if you can bet 1000$ with a chance to win 10k$ half of the time, your EV is *(10000\0.5)-1000 = +4000$**. Obviously these are great odds to take as long as you have enough capital to overcome variance. But things would be very different if the odds of winning were only 5% as your EV would then be negative *(10000\0.05)-1000 = -500$.*** Now this is clearly a bet you should not take…
Now that you know probabilities, statistics and game theory are useful decision-making tools in poker, guess what? They are also extremely useful in investing! Even better, the study of game theory with problems such as the “Byzantine generals” or the “Three prisoners” has been, along with cryptography, the foundation on which blockchain technology was built, enabling the trustless and decentralized services that are about to revolutionize our world…
Assuming this was enough to pique your interest and make you want to dig deeper, I’ll just add that just like the other topics we discussed and as you might have guessed, this translates very well to investing and also to pretty much anything in your life:
- Learn how to break down complex situations. Logical thinking paired with a statistical approach will help you break down any complex problem into several easier problems, making the whole thing a lot easier to approach/comprehend.
- Base your decisions on a methodical and rational approach. List every possible outcome along with its associated upside/downside, estimate the probability of each outcome to occur and make the best decision based on the information available.
My point here is that risk management, emotional management and statistics/game theory are all awesome tools that you should definitely add to your arsenal. Not only will it improve your money-management and investing, it will also be beneficial to your decision-making and to your life in general. Of course poker is not the only way to learn about these, but I personally found it to be the best practice ground to refine and improve them, which is why I strongly encourage you all to try it out and study the game.
I hope you enjoyed the article, and I wish you all a happy 2021 bull run! May we all come closer to retirement and financial independence!
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TL;DR: more than a game, poker is a school of thought. It teaches you to be reasonable, to assess the risk of every single choice you make, to overcome you emotions, to play the long game rather than the short game, to make informed decisions, etc… This has made me a lot wiser in every aspect of my life, which is why I strongly encourage to try it out and read about poker strategy.
Edit: I couldn't crosspost from cc so I just copied the post as I figured it is relevant here too :)
submitted by RaBaTaJ_ to ethtrader [link] [comments]

MMO issues discussion

Few key issues I want to discuss about 1. Pay to win 2. Lack of socializing and immersion 3. Pvp gap, need more skill based
  1. What do you think is a fair way of spending cash in game? Paying for stronger weapons/armoskills that are unobtainable by f2p is not good for the balance. Paying for better cosmetic items that are unobtainable by f2p is also pretty bad in my opinion, as they defeat a huge sense of progression in most MMOs. Many MMOs become fashion wars at the end game and I feel like that is healthy as it keeps players hunting for transmogs. Paying to speed up progression is bad. Paying for certain convenience is a grey area, ex. offline player shop vs f2p having to be online. In my opinion, MMOs should be a struggle. In this struggle we keep our eyes on the prize and enjoy the journey.
2. Somehow need to humble ourselves online even though we are kind of anonymous. Some players don't care to interact with anyone unless absolutely required, and most of the times problems we face can be googled. Why is it that we keep to ourselves even though we are anonymous? Or why do we think we are too good to socialize with random people now?
How do we even have natural interactions? Like for example having party farming benefits is good, but people can just make smurfs to abuse it. Also, I feel like having a main character is important to keep immersion, and that smurfs kind of ruin the games. Most often smurfs are made to abuse certain systems, such as inventory slots, tradeable rewards, or party buffs. How can we discourage making smurfs so maybe players would rely on other players for buffs or other things?
If we can slow down progression, to encourage players to just hang out and talk in town? Or maybe sitting around a campfire with your party, each doing a little task that's not too complicated but takes some time?
3. I get that we want to feel way stronger as we progress in pve, but if we take the same skill set to pvp then the power difference is usually too much if your opponent is in a different level range. What if skills/equipments we acquire could have adjustable levels with different severity of drawback along with equal power increase? In such a system then it would allow players to make do with what they have at the moment, and rely on outskilling the opponent by synergizing with available options. This way, when we lose we know we can improve and that we won't just be like ok I will just face lower level opponents to flex my progression. Also, then builds could be more flexible as it's not just slotting in your highest level skill. Having a fair combat system opens up the opportunities for esports, which drives players and keeping your progression in the game relevant.
... Thanks for reading through, personally I am really reminiscing the "golden age" of MMOs. I hope a similar feeling could be felt through the new generation of games.
Please, let me know what your thoughts are. All feedback and suggestions are highly appreciated.
submitted by TrueKingArtorigus to MMORPG [link] [comments]

EVRI: A Gambling Ticker That's Going to Valhalla

EVRI: The True Autists Gambling Ticker
Alright dipshits, I believe I have found a ticker that has huge growth potential over the next few months that is under the radar of many. So prepare your smooth brains and tell your wife's boyfriend to leave the room so you can jerk off to these potential gains.
EVRI is Everi Holdings Inc. Don’t know what that is? They’re only “the casino industry’s only single source provider of robust payments solutions, vital intelligence offerings, and engaging gaming machines that power the casino floor” according to Casino Vendors
(Source: http://www.casinovendors.com/vendoeveri-holdings-inc/)
Now if that doesn’t make your wife’s boyfriend cream his jeans, then the following information might just make your dick hard enough to satisfy your displeasured wife. I think that EVRI could see huge growth for the following reasons
EVRI has the versatility both online and on the floor for casinos
Taking a look at this source (http://www.casinovendors.com/vendoeveri-holdings-inc/) you can see that there products and services include…
  1. Gaming equipment and supplies: “Everi Games feature exciting original concepts, dynamic artwork, and thrilling game play that are designed to stop patrons in their tracks. Players seek out Everi’s award-winning games, cabinets, and toppers, and stream into casinos to play TournEvent® and TournEvent of Champions®”
  2. Cash/Chips/Money/Money Handling Equipment: “CashClub® gives operators an easy-to-use single dashboard interface that streamlines check warranties and credit/debit card transaction processing. The software’s enhanced features include electronic signature capture and dynamic currency conversion. CashClub interfaces with Everi Compliance, which helps casinos meet Title 31 requirements. CashClub works with a casino operator’s existing cage workstation equipment, removing the need for a separate stand-alone terminal.”
“CentralCredit™ - The industry’s leading repository for casino-related credit data and reporting. QuikMarketing™ - This tool lays the foundation for highly targeted, cost-effective, and successful direct marketing campaigns.”
and… “Intuitive, flexible & designed Kiosks to provide a premium experience to patrons.”
  1. Administration and Finance: “Everi Compliance™ has new and innovative compliance products expanding our ability to service patrons and casino customers. Our compliance products are the gold standard for Anti-Money Laundering (AML) compliance across the gaming industry, which allows operators to easily meet Title 31 regulatory requirements.”
To see even more versatility and see what more specific services they provide, click this link https://finance.yahoo.com/quote/EVRI/profile?p=EVRI
Based off of these services alone, any one of you extra-chromosomes gamblers can see why EVRI is able to make money both online and on the floor, physical casinos. They make online gambling games, provide systems to protect casinos, design on the floor games, have products to transfer money in and out of debit/credit cards at the casino to feed the gambler, and even have business in reporting casino data and marketing campaigns. IF THIS ISN'T A COMPANY THAT DOESN'T DO EVERYTHING THEN IDK WHAT TO TELL YOUR SMOOTH BRAIN. They are immune to COVID and can be profitable with/without it.
EVRI has great target prices from analysts and even has potential news coming up that can propel us Valhalla
https://www.casino.org/news/everi-soars-on-digital-wallet-deal-with-winstar-casino/
“But Roth Capital analyst David Bain previously said two agreements with tribal operators notched by Everi account for 15 percent of the company’s fintech business and were going overlooked by investors.” This made the price target shift from $20 to $21 for this guy.
This same article said this about David Bain as well “Today’s surge by Everi stock may not be a one-off event. Bain, the Roth Capital analyst, says another customer will roll out CashClub Wallet in the coming weeks. He didn’t identify that operator, but he did say it’s one of the largest casino firms in the world. The analyst adds that on a standalone basis, Everi’s fintech basis is worth $16 a share. When accounting for peer average multiples on gaming device suppliers, the stock could trade near $29, or more than double where it resides today.”
I know some you have a hard time reading, but that means we could see news of EVRI’s own product (CashClub) be announced to be integrated in one of the largest casinos companies in the world. If that doesn’t scream PUMP, I don't know what does
EVRI also has fantastic news of expanding, incorporating, and even being recognized as the best in their field
Refer to this link on EVRI’s website with their Investors Information. You can scroll for minutes and find positive information everywhere including but not limited to.
Everi Wins Best Slot Product and Best Consumer-Service Technology Awards for Second Consecutive Year from Global Gaming Business
Everi Highlights Roadmap for Cashless Gaming Industry Leadership
Golden Nugget Celebrates Its #777th Game on the Seventh Anniversary of nj-casino.goldennuggetcasino.com with the Launch of a Unique Custom Game Designed By Everi
Everi’s CashClub Wallet™ Launches at WinStar World Casino and Resort
Everi Digital Expands Relationship with Parx Casino, Delivering Additional Player-Preferred Slot Content for Online Real-Money Play in New Jersey
EVRI’s option chain are cheap for long dated calls
Because I am writing this after hours, the options chain will most likely change come market open, but keep in mind, they will still be cheap.
Looking at January 20c and March 22.5c, they are .18 with a .05-.3 bid/spread and .2-.25.
Yeah yeah yeah, I know what you’re thinking “oH tHE BiD aSK SpREad is TOO wIdE”. But if you guys seriously think the bid/ask spread is what has limited your autistic trades up to this point, then you’re just lying to yourself. Get your order filled, because were making fucking tendies.
THE MEME POTENTIAL OF THIS STOCK IS PERFECT FOR US RETARDS
Is there anything that is more ironic than a bunch of degenerate gamblers gambling on a gambling company that is so revered in the gambling industry that it’s not even a gamble? FUCK NO THERE’S NOT.
WE ARE MADE FOR THIS TICKER, AND AS AUTISTS AND GAMBLERS WE NEED THIS PLAY. As many of you know, once a ticker catches fire in this sub it gets HUGE coverage. Look for yourselves at the countless memes and videos of WSB getting coverage on Cramers shows and news outlets. MEMES MEAN MORE ADVERTISING, MEANS MORE PUMPS, MEANS MORE TENDIES, WHICH MEANS MORE MONEY FOR DICK PUMPS.
I rest my case.
TLDR; EVRi is a fucking powerhouse in the online/in-person gambling/casino world. They have lots of news going for them along with having cheap calls, a well run business with great price targets, good price action movement, and most importantly infinite meme potential
POSITIONS:
20 Contracts of Jan/15/2021 20c
15 Contracts of Ma19/2021 22.5c
submitted by QVonesh to wallstreetbets [link] [comments]

First Person Shooters, i want some innovation..

The FPS market right now is really saturated with lots of games but also very stale at the same time.
First we have the AAA, Black Ops Cold War. It started off being a much needed breath of fresh air with old-school 1980s weapons and the cold war theme, but has since devolved into just another flashy clown-shooter with a battlepass that only gets maintained to milk more cash from impulsive children. Its a great game at the core but generating revenue is its main purpose rather than being fun and you can really feel that when playing.
Then we have R6 Siege, which is also a very solid shooter but its starting to show its age especially in the graphics and gunplay departments, aswell as being plagued by rampant cheating/griefing/exploitation and other toxic behaviour from a generally overdedicated community of esports wannabe tryhards kinda kills it for me.
Now Battlefield 5. I dont have much to say about it myself because i dont play it but community complaints include but are not limited to: agressive monetization via ingame premium currency hindering progression, a general lack of content, and of course the offputting inauthentic artstyle.
Las one on the list, Escape from Tarkov. My top pick and also the underdog. An incredibly innovative game by a very dedicated russian dev team that skillfully combines all sorts of fun game mechanics. An RPG-like slot based inventory system, combined PvP/PvE online raids with unmatched depth in gameplay/gunplay, high levels of fidelity in all aspects (ammo types, body armor types..) your own survival Bunker to manage and upgrade like in a mobile game, a huge and interesting suite of quests like an MMORPG. Its almost perfect but EFT runs like crap on even the most high end systems, barely averaging 40 FPS with frequent stutters, freezes and frametimes in the 3 digits (!!!) That combined with very bad server connections renders it unplayable for me, due to the hardcore nature utmost precision and absolute tryharding is basically required to win any firefight and its not possible with this kind of performance, so most of my fights get decided by sheer luck and thats just not fun long term.
Ready or Not (unreleased, in alpha) is getting my hopes up but the developers seemingly shifted focus from a level based tactical PvE SWAT shooter where you have to rescue hostages and minimize casualties to working on just another generic multiplayer FPS. Yawn. They sold 140$ preoder copies and barely post updates. Will propably be DOA or an eternal beta.
Now for my pitch: I want a studio to take on a singleplayer only, hyper realistic FPS „hunted“ experience set in a single, medium sized and intricately designed level á-la HITMAN. You play a well equipped and resourceful mercenary using a limited but high-fidelity selection of firearms aswell as your knowledge of the environment to face off against multiple very difficult AI tactical teams hunting and tracking you across the map. Kind of like the AI in FEAR the enemy combatants will act and shoot very quickly and can not simply be taken head on as a single shot to the torso kills the player. Replayability, addictive high-fidelity gunplay and unpredictably harsh AI would be the selling points of the game.
submitted by kiparis30 to truegaming [link] [comments]

My 14-17 Year old Gambling Experience. help me please.

Greetings everyone, Yes I started gambling when I was 14. I'm sure this isn't bizarre to a lot of people here. I just really am on here to spill my mind of what's been going on and my situation and see if anyone relates.
Lets call me John, I've always had a thing for crypto and gambling. It was never huge money. Betting $50, $100. Sometimes losing and if i won I'd cash out at 2x my money or sometimes 3x. If I lost i'd chase it with another 50 or another 100. I am probably in the hole overall about maybe a few hundred? Which in total I've probably gambled about 10k total? Which isn't bad I suppose.
But a few days ago I went on a gambling site and deposited 200. Lost it within 20 minutes?
Next day, all I can think about is coming home to deposit, waiting for me to win that back. I deposit 250, go down to 100, and on a $5 slot I win $650. Insane right, Ofc, I lose about $150 of that. So Thankfull I cashed out.
But now that I know i am "Even" but long term not, past 2 days, probably even, I feel sick, I'm aware I didn't lose it all, I made it back, but its so sickening I feel the need to deposit more and win more, knowing I won't win. I plan on quitting and don't plan on touching gambling for a long time, In a substitue I watch videos of people taking losses to make me feel less guilty? I'm not sure where i'm going with this but a little about me, 17 right now, making really good money, loving family, girlfriend.. etc. (I'm not trying to brag, just wondering if anyone is relating) Making a few thousand a month consistently running my own business. So a loss of $400 is not the END of the world, but this feeling is killing me, and the urge in my body to deposit more.. I do NOT plan on going back to online casinos and i just need some help or inspiration, or if anyone else relates to this, let me know.
I know lots of people here have lost thousands, hundreds of thousands, and I want to kill this dirty disgusting habit before its to late!
If anyone has any questions or suggestions, please let me know your advice or stories ! thank you!
submitted by johnadams211 to GamblingAddiction [link] [comments]

DraftKings (NASDAQ: DKNG) - Deep Dive Research - Part 1

TL:DR
Hello, welcome to my first deep dive write up.
My name’s Mark and I’m an accountant with a passion for investing. About two years ago, I used to work as an auditor at a public accounting firm and have been behind the scenes at many different publicly traded and privately held companies in the U.S. My goal is to bring my unique perspective from that past experience, my current experience working in a new role at a large corporation, and my understanding of accounting to help break down some of the most exciting growth stocks on the market today.
I’m a long-term investor. I am focused on finding great companies and holding them for a long time. I’m willing to endure volatility, crazy price drops, and everything that comes with this approach as long as the facts that led me to originally invest and believe in that company have not changed. If you want to learn more about this approach. I recommend reading the book “100 Baggers” by Chris Mayer.
Introduction
I think it’s fitting that my first stock pick has to do with sports. Sports has been a part of my life since I could walk at the age of 2. First with baseball and soccer, and then later in my childhood with golf. I’ve always played American football and basketball for fun as well and have always been an avid fan of all the major sports in the US.
I started playing fantasy sports (mostly just fantasy football) about 6 years ago and have always enjoyed it. Traditionally, with fantasy football you draft a team at the beginning of the year and those are your players for the rest of the season. If you have a bad draft, oh well. You can try to improve your team with trades and free agent additions but it is tough. Leagues usually consist of 10-14 teams (each managed by an individual) and there’s obviously only one winner at the end of the season (about 4 months after the draft). This can lead to the managers of the lower performing teams losing interest as the season wanes on. I believe DraftKings’ (DK) founders saw this issue and saw an opportunity. Enter, daily fantasy sports. Now, with the DK platform you can draft a new team every week. Or if you want, every day. This allows fans of fantasy sports to engage at whichever point of the season they want and at varying financial stakes.
The Thesis Statement
For every stock pick I make, I want to provide a quick thesis statement that can serve as a reminder for why I’m buying and holding that stock for the long term. I’ll always aim to make it just a few sentences long so it can easily be remembered and internalized. This helps during times when the price may sporadically drop and you need to remember why you’re holding this position.
The thesis statement I have come up with for DK is as follows:
“DraftKings: The leader in allowing fans to engage financially with their favorite sports, teams, and players. Having money at stake makes the game a lot more interesting to watch. The era of daily fantasy sports games, online sports betting, and online betting (outside of sports), is just getting started and DK is as well positioned (or better positioned) than anyone to capitalize off of this trend.”
Notice how I said “allowing fans to engage financially” as the first sentence and not necessarily “allowing fans to gamble”. There’s a reason for that. According to US Federal Law, Daily Fantasy Sports (DFS) contests have specifically been exempted from the prohibitions of the Unlawful Internet Gambling Enforcement Act (UIGEA). DK has always been, and I believe will continue to be DFS contests 1st, sports betting 2nd, and other forms of gambling/entertainment 3rd. It is noteworthy that states at an individual level can still deem DFS contests illegal if they so wish, but as of this writing (11/26/20), 43 of the 50 US States allow DFS contests and DK, accordingly, is offering DFS contests in all 43 of those US States.
I’ll try to clarify the difference between DFS contests and sports betting real quick:
DFS Contest – Pay a pre-set entry fee to enter a contest. All entry fees go towards “The Pot”. “Draft” 9 players to be on your “Team” for 1 week. Enter your “Roster” into a contest with other players (could range from 1 other person to 1,000s of people, the DK user can choose). Whichever “Roster” amasses the most points for that week out of all contestants wins. The winner will get the highest payout, and depending on the nature of the contest, other top finishers will receive smaller payouts as well.
Sports Gambling – Team A is considered a 10 point favorite to defeat Team B. This means that Team A is expected, by the professional gambling line setters, to outscore Team B by 10 points. This is known as a point spread. You can bet on the underdog or the favorite. If you bet on the favorite, they have to win by more than 10 points for you to win the bet. If you bet on the underdog, you will win the bet as long as the underdog keeps the game within less than a 10 point defeat.
These are just a couple simple examples to help you see the difference. Sports Gambling (the 2nd priority of DK) is a very lucrative market just as the DFS contests are. However, in the US, Federal Laws and regulations are a lot stricter on Sports Gambling than they are on DFS. As of this writing (11/27/20), 22 states (including the District of Columbia) out of 51 possible allow sports gambling.
DK is still in the infancy stages of getting their sports gambling business going. In the 22 states where they could potentially operate, they currently have a sports gambling offering in 11 of those states. The sports gambling business model for DK can be broken into two main offerings – mobile sports betting, and retail sports betting. Mobile sports betting means you can place a sports bet online from the comfort of your own home, while retail sports betting means you must go to a casino and place a bet with the sportsbook in person. I personally believe mobile sports betting is the real potential cash cow for DK out of the two types of sports betting offerings due to the convenience and ease of access. DK is currently working on and encouraging customers to lobby their state lawmakers to legalize sports gambling in more states.
How DK makes money
At the very least, before you invest in a company, you better understand how they make money. In Chris Mayers’ excellent book, 100 Baggers, that I mentioned above, he continually references top line revenue growth as one of the main common indicators of a possible 100 Bagger. This isn’t to tell you that any stock I pick will be a 100 Bagger just because it has great top line revenue growth, but if I am looking at a growth stock to hold for the long term, revenue growth is one of the first things I look at.
For DK, their means of making money is quite simple. I already went into detail above about DFS Contests and Sports Gambling. In DK’s latest 10-Q filing with the SEC (filed 11/13/20), revenue is broken out into two main streams: Online Gaming and Gaming Software.
Online Gaming (82% of Total Revenue for 9 months ended 9/30/20):
Online gaming is the true core business of DK and includes the aforementioned DFS Contests, Sports Gambling and additional gambling (non-sports) opportunities. DK refers to their additional gambling (non-sports) as “iGaming” or “online casino”.
For the 9 months ended 9/30/20, Online Gaming revenue totaled $239M, up 30% YoY from $184M in the same prior year period. Keep in mind, that this is an increase that happened during a COVID-19 global pandemic that delayed and shortened many professional sports seasons.
Online gaming revenue is earned in a few ways that are slightly different, but very similar overall. In order to enter a DFS contest, a customer must pay an entry fee. DFS revenue is generated from these entry fees collected, net of prize payouts and customer incentives awarded to users. In order to place a sports bet (sports gambling), a customer places a wager with a DK Sportsbook. The DK Sportsbook sets odds for each wager that builds in a theoretical margin allowing DK to profit. Sports gambling revenue is generated from wagers collected from customers, net of payouts and incentives awarded to winning customers. The last form of online gaming revenue is earned in similar fashion to a land-based casino, offering online versions of casino games such as blackjack, roulette, and slot machines.
Gaming Software (18% of Total Revenue for 9 months ended 9/30/20):
While the Online Gaming revenue stream mentioned above is a Business to Consumer (B2C) model, the Gaming Software revenue stream is a Business to Business (B2B) model. The Gaming Software side of the business was born out of the acquisition of SBTech, a company from the Isle of Man (near the UK) founded in 2007 that has 12+ years of experience providing online sports betting platforms to clients all over the world. The acquisition occurred as part of the SPAC driven IPO in April of 2020 that combined “the old DK company” with SBTech so that they now are “the new DK company” listed as DKNG on the NASDAQ. SBTech is a far more important part of the story than just being 18% of today’s revenue. The reason for this is because DK will eventually (planned mid-late 2021) be migrating all of their DFS and gambling offerings onto SBTech’s online platforms. Currently, for DFS, DK uses their own proprietary platform but that will move to SBTech with the migration. Currently, for online gambling, DK uses Kambi, the same online gambling platform that services Penn Gaming (PENN), a DK rival. But that’s enough about the software migration for now, back to the Gaming Software revenue.
The Gaming Software revenue stream for DK is essentially a continuation of SBTechs’ B2B business model. DK contracts with business customers to provide sports and casino betting software solutions. DK typically enters two different type of arrangements with B2B customers when selling the gaming software:
  1. Direct Customer Contract Revenue: In this type of transaction, the software is sold directly to a business (casino for example) that wants to use the software for their own gambling operations. This revenue is generally calculated as a percentage of the wagering revenue generated by the business customer using DK’s software and is recognized in the periods in which those wagering and related activities conclude.
  2. Reseller Arrangement Revenue: In this type of transaction, DK provides distributors with the right to resell DK’s software-as-a-service offering to their clients, using their own infrastructure. In reseller arrangements, revenue is generally calculated via a fixed monthly fee and an additional monthly fee which varies based on the number of gaming operators to whom each reseller sub-licenses DK’s software.
As mentioned above, SBTech was an international company based in the Isle of Man before being acquired by DK. Thus, the majority of their business in their first 12 years of operating independently has always been international and outside of the United States. This has helped DK, which has historically been US focused, expand it’s international reach.
A perfect example of expanding this international reach occurred recently during October (technically Q4) in which DK’s B2B technology (powered by SBTech) helped enable the launch of “PalaceBet”, a new mobile and online sportsbook offering from Peermont, a South Africa based resort and casino company. The deal was headed by DK’s new Chief International Officer, Shay Berka, who previously spent 10 years working for SBTech as CFO and General Manager. Mr. Berka took on the role of DK’s Chief International Officer upon the merger in April earlier this year. I think this deal shows that DK has integrated SBTech and it’s business very well into the larger business as a whole. They are not wasting any time using their newly acquired resources to expand their reach and bring in new sources of revenue.
This is the end of my first article about DK. My goal is to drop Part 2 later this week. The focus of Part 2 will be an in depth answer of the question – “Can we 10x from here?”
Disclosure: I am/we are long DKNG. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
submitted by Historical-Comment36 to SecurityAnalysis [link] [comments]

My 14-17 Year old Gambling Experience. help me please.

Greetings everyone, Yes I started gambling when I was 14. I'm sure this isn't bizarre to a lot of people here. I just really am on here to spill my mind of what's been going on and my situation and see if anyone relates.
Lets call me John, I've always had a thing for crypto and gambling. It was never huge money. Betting $50, $100. Sometimes losing and if i won I'd cash out at 2x my money or sometimes 3x. If I lost i'd chase it with another 50 or another 100. I am probably in the hole overall about maybe a few hundred? Which in total I've probably gambled about 10k total? Which isn't bad I suppose.
But a few days ago I went on a gambling site and deposited 200. Lost it within 20 minutes?
Next day, all I can think about is coming home to deposit, waiting for me to win that back. I deposit 250, go down to 100, and on a $5 slot I win $650. Insane right, Ofc, I lose about $150 of that. So Thankfull I cashed out.
But now that I know i am "Even" but long term not, past 2 days, probably even, I feel sick, I'm aware I didn't lose it all, I made it back, but its so sickening I feel the need to deposit more and win more, knowing I won't win. I plan on quitting and don't plan on touching gambling for a long time, In a substitue I watch videos of people taking losses to make me feel less guilty? I'm not sure where i'm going with this but a little about me, 17 right now, making really good money, loving family, girlfriend.. etc. (I'm not trying to brag, just wondering if anyone is relating) Making a few thousand a month consistently running my own business. So a loss of $400 is not the END of the world, but this feeling is killing me, and the urge in my body to deposit more.. I do NOT plan on going back to online casinos and i just need some help or inspiration, or if anyone else relates to this, let me know.
I know lots of people here have lost thousands, hundreds of thousands, and I want to kill this dirty disgusting habit before its to late!
If anyone has any questions or suggestions, please let me know your advice or stories ! thank you!
submitted by johnadams211 to problemgambling [link] [comments]

DraftKings (NASDAQ: DKNG) - Deep Dive Research - Part 1

TL:DR
Hello, welcome to my first deep dive write up.
My name’s Mark and I’m an accountant with a passion for investing. About two years ago, I used to work as an auditor at a public accounting firm and have been behind the scenes at many different publicly traded and privately held companies in the U.S. My goal is to bring my unique perspective from that past experience, my current experience working in a new role at a large corporation, and my understanding of accounting to help break down some of the most exciting growth stocks on the market today.
I’m a long-term investor. I am focused on finding great companies and holding them for a long time. I’m willing to endure volatility, crazy price drops, and everything that comes with this approach as long as the facts that led me to originally invest and believe in that company have not changed. If you want to learn more about this approach. I recommend reading the book “100 Baggers” by Chris Mayer.
Introduction
I think it’s fitting that my first stock pick has to do with sports. Sports has been a part of my life since I could walk at the age of 2. First with baseball and soccer, and then later in my childhood with golf. I’ve always played American football and basketball for fun as well and have always been an avid fan of all the major sports in the US.
I started playing fantasy sports (mostly just fantasy football) about 6 years ago and have always enjoyed it. Traditionally, with fantasy football you draft a team at the beginning of the year and those are your players for the rest of the season. If you have a bad draft, oh well. You can try to improve your team with trades and free agent additions but it is tough. Leagues usually consist of 10-14 teams (each managed by an individual) and there’s obviously only one winner at the end of the season (about 4 months after the draft). This can lead to the managers of the lower performing teams losing interest as the season wanes on. I believe DraftKings’ (DK) founders saw this issue and saw an opportunity. Enter, daily fantasy sports. Now, with the DK platform you can draft a new team every week. Or if you want, every day. This allows fans of fantasy sports to engage at whichever point of the season they want and at varying financial stakes.
The Thesis Statement
For every stock pick I make, I want to provide a quick thesis statement that can serve as a reminder for why I’m buying and holding that stock for the long term. I’ll always aim to make it just a few sentences long so it can easily be remembered and internalized. This helps during times when the price may sporadically drop and you need to remember why you’re holding this position.
The thesis statement I have come up with for DK is as follows:
“DraftKings: The leader in allowing fans to engage financially with their favorite sports, teams, and players. Having money at stake makes the game a lot more interesting to watch. The era of daily fantasy sports games, online sports betting, and online betting (outside of sports), is just getting started and DK is as well positioned (or better positioned) than anyone to capitalize off of this trend.”
Notice how I said “allowing fans to engage financially” as the first sentence and not necessarily “allowing fans to gamble”. There’s a reason for that. According to US Federal Law, Daily Fantasy Sports (DFS) contests have specifically been exempted from the prohibitions of the Unlawful Internet Gambling Enforcement Act (UIGEA). DK has always been, and I believe will continue to be DFS contests 1st, sports betting 2nd, and other forms of gambling/entertainment 3rd. It is noteworthy that states at an individual level can still deem DFS contests illegal if they so wish, but as of this writing (11/26/20), 43 of the 50 US States allow DFS contests and DK, accordingly, is offering DFS contests in all 43 of those US States.
I’ll try to clarify the difference between DFS contests and sports betting real quick:
DFS Contest – Pay a pre-set entry fee to enter a contest. All entry fees go towards “The Pot”. “Draft” 9 players to be on your “Team” for 1 week. Enter your “Roster” into a contest with other players (could range from 1 other person to 1,000s of people, the DK user can choose). Whichever “Roster” amasses the most points for that week out of all contestants wins. The winner will get the highest payout, and depending on the nature of the contest, other top finishers will receive smaller payouts as well.
Sports Gambling – Team A is considered a 10 point favorite to defeat Team B. This means that Team A is expected, by the professional gambling line setters, to outscore Team B by 10 points. This is known as a point spread. You can bet on the underdog or the favorite. If you bet on the favorite, they have to win by more than 10 points for you to win the bet. If you bet on the underdog, you will win the bet as long as the underdog keeps the game within less than a 10 point defeat.
These are just a couple simple examples to help you see the difference. Sports Gambling (the 2nd priority of DK) is a very lucrative market just as the DFS contests are. However, in the US, Federal Laws and regulations are a lot stricter on Sports Gambling than they are on DFS. As of this writing (11/27/20), 22 states (including the District of Columbia) out of 51 possible allow sports gambling.
DK is still in the infancy stages of getting their sports gambling business going. In the 22 states where they could potentially operate, they currently have a sports gambling offering in 11 of those states. The sports gambling business model for DK can be broken into two main offerings – mobile sports betting, and retail sports betting. Mobile sports betting means you can place a sports bet online from the comfort of your own home, while retail sports betting means you must go to a casino and place a bet with the sportsbook in person. I personally believe mobile sports betting is the real potential cash cow for DK out of the two types of sports betting offerings due to the convenience and ease of access. DK is currently working on and encouraging customers to lobby their state lawmakers to legalize sports gambling in more states.
How DK makes money
At the very least, before you invest in a company, you better understand how they make money. In Chris Mayers’ excellent book, 100 Baggers, that I mentioned above, he continually references top line revenue growth as one of the main common indicators of a possible 100 Bagger. This isn’t to tell you that any stock I pick will be a 100 Bagger just because it has great top line revenue growth, but if I am looking at a growth stock to hold for the long term, revenue growth is one of the first things I look at.
For DK, their means of making money is quite simple. I already went into detail above about DFS Contests and Sports Gambling. In DK’s latest 10-Q filing with the SEC (filed 11/13/20), revenue is broken out into two main streams: Online Gaming and Gaming Software.
Online Gaming (82% of Total Revenue for 9 months ended 9/30/20):
Online gaming is the true core business of DK and includes the aforementioned DFS Contests, Sports Gambling and additional gambling (non-sports) opportunities. DK refers to their additional gambling (non-sports) as “iGaming” or “online casino”.
For the 9 months ended 9/30/20, Online Gaming revenue totaled $239M, up 30% YoY from $184M in the same prior year period. Keep in mind, that this is an increase that happened during a COVID-19 global pandemic that delayed and shortened many professional sports seasons.
Online gaming revenue is earned in a few ways that are slightly different, but very similar overall. In order to enter a DFS contest, a customer must pay an entry fee. DFS revenue is generated from these entry fees collected, net of prize payouts and customer incentives awarded to users. In order to place a sports bet (sports gambling), a customer places a wager with a DK Sportsbook. The DK Sportsbook sets odds for each wager that builds in a theoretical margin allowing DK to profit. Sports gambling revenue is generated from wagers collected from customers, net of payouts and incentives awarded to winning customers. The last form of online gaming revenue is earned in similar fashion to a land-based casino, offering online versions of casino games such as blackjack, roulette, and slot machines.
Gaming Software (18% of Total Revenue for 9 months ended 9/30/20):
While the Online Gaming revenue stream mentioned above is a Business to Consumer (B2C) model, the Gaming Software revenue stream is a Business to Business (B2B) model. The Gaming Software side of the business was born out of the acquisition of SBTech, a company from the Isle of Man (near the UK) founded in 2007 that has 12+ years of experience providing online sports betting platforms to clients all over the world. The acquisition occurred as part of the SPAC driven IPO in April of 2020 that combined “the old DK company” with SBTech so that they now are “the new DK company” listed as DKNG on the NASDAQ. SBTech is a far more important part of the story than just being 18% of today’s revenue. The reason for this is because DK will eventually (planned mid-late 2021) be migrating all of their DFS and gambling offerings onto SBTech’s online platforms. Currently, for DFS, DK uses their own proprietary platform but that will move to SBTech with the migration. Currently, for online gambling, DK uses Kambi, the same online gambling platform that services Penn Gaming (PENN), a DK rival. But that’s enough about the software migration for now, back to the Gaming Software revenue.
The Gaming Software revenue stream for DK is essentially a continuation of SBTechs’ B2B business model. DK contracts with business customers to provide sports and casino betting software solutions. DK typically enters two different type of arrangements with B2B customers when selling the gaming software:
​
  1. Direct Customer Contract Revenue: In this type of transaction, the software is sold directly to a business (casino for example) that wants to use the software for their own gambling operations. This revenue is generally calculated as a percentage of the wagering revenue generated by the business customer using DK’s software and is recognized in the periods in which those wagering and related activities conclude.
  2. Reseller Arrangement Revenue: In this type of transaction, DK provides distributors with the right to resell DK’s software-as-a-service offering to their clients, using their own infrastructure. In reseller arrangements, revenue is generally calculated via a fixed monthly fee and an additional monthly fee which varies based on the number of gaming operators to whom each reseller sub-licenses DK’s software.
As mentioned above, SBTech was an international company based in the Isle of Man before being acquired by DK. Thus, the majority of their business in their first 12 years of operating independently has always been international and outside of the United States. This has helped DK, which has historically been US focused, expand it’s international reach.
A perfect example of expanding this international reach occurred recently during October (technically Q4) in which DK’s B2B technology (powered by SBTech) helped enable the launch of “PalaceBet”, a new mobile and online sportsbook offering from Peermont, a South Africa based resort and casino company. The deal was headed by DK’s new Chief International Officer, Shay Berka, who previously spent 10 years working for SBTech as CFO and General Manager. Mr. Berka took on the role of DK’s Chief International Officer upon the merger in April earlier this year. I think this deal shows that DK has integrated SBTech and it’s business very well into the larger business as a whole. They are not wasting any time using their newly acquired resources to expand their reach and bring in new sources of revenue.
This is the end of my first article about DK. My goal is to drop Part 2 later this week. The focus of Part 2 will be an in depth answer of the question – “Can we 10x from here?”
Disclosure: I am/we are long DKNG. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
submitted by Historical-Comment36 to investing [link] [comments]

New to online Slots? - Starter guide/tips for newbies playing online slots

Okay so I decided to create this guide with the hopes of it becoming a sticky thread for all newbies to the online slots world, to read as we deal with the same topics repeatedly and the same answers/advice are given repeatedly. Not that we do not want to help, but these would prevent you from getting into situations before its too late, or blaming casinos when you were in the wrong.
Signing up or Registration
Registration – Please carefully read the general terms and conditions about every "Right" the casino has and please note that you accepted these terms upon signing up, which means you are saying you are okay with it and agree with what the casino state about what they can and cannot do.
Claiming Bonuses
Read the bonus terms carefully before claiming any bonuses and look for the following pointers when reading the bonuses rules:
There are other bonus terms that I have not mentioned but I think the above ones are the most important as these could affect you in terms of confiscation of your winnings should you breach any of them.
Verification
This is pretty much standard for a casino to ask for some form of Identification, proof of address and proof of deposit when requesting a withdrawal. Depending on the amount win, some casinos might not need documents, however when a substantial amount has been won additional verification or security checks might be done which means a longer withdrawal time frame. Verification or KYC is necessary, however I feel when casinos ask for selfies with your ID next to you etc. in my opinion is just ridiculous. Also, I have noticed some casinos requesting your source of income to see where you get the money to make deposits etc. This seems standard and you would need to do it to get your withdrawal, however all of us have different opinions about this verification procedure.
Withdrawals
Many casinos have different withdrawal time frames and when you accept the general terms and conditions you have to a abide by them, by this I mean stop being impatient and complain that the casinos withdrawal time frames are the worst etc. As you knew this before you started playing provided you have read the terms and condition. You decided to deposit and play so then wait for your money, eventually it will come unless you breached some rule, or the casino is a rogue casino.
Here are some of the tips you should note when it comes to withdrawals at casinos:
Self-Exclusion
Self-Exclusion is a big thing these days and most cases substantial amounts are involved that are being confiscated. There are at times very little that us forum members or even AskGamblers can do when a player self-excluded and played at a sister website or similar, as we know the result and of course the house is kind of right. However, I think it's bad that a casino only realizes the self-exclusion portion on a player profile once it reaches withdrawal stage, because I feel they should have something in place that can detect that you self-excluded upon registration or before you even make your first deposit. People with gambling problems tend to self-exclude but the alternative is to read this guide - https://www.askgamblers.com/forum/topic/2152-sos-i-am-addicted-to-gambling-what-to-do/ . My advice is to keep your casino account open and do not play there anymore, because even if you request a permanent account closure, some casinos tend to self-exclude you without you knowing it and this would cause problems in future since you opened another account at their sister website or something.
submitted by Sea_Yogurtcloset_752 to bestcasinoscanada [link] [comments]

16 Yr Old losing 1800$ Gambling

Hi, over the course of 4 weeks I’ve made a total of 1800$ and lost it in the span of 2 weeks. I started with a 10$ deposit on a gambling site and I played multiple games until I eventually made my way to 200$ on live casino games then down to 60$, where I tried slots and made a total of $1200. I ended the night off with 960$ from 10$ and was fucking stoked and feeling the best I ever could. I withdrew it and over the course of 2 weeks it never came in my crypto wallet and I can’t really file for support because they would ask for my KYC and then I’d prolly not even get the funds and my dad would kill me if he found out I was gambling (especially since now i lost everything).
Following this I opened 650$ worth of csgo site gambling, csgo cases, and more gambling in general using my real money (I’ve been saving for months and my birthday just passed). I built up a 1200$ cs inventory and this past week I couldn’t hold onto it and deposited it back into these sites and have gambled it all away because I couldn’t really cash it out into real money and the rates I was getting the crypto equivalent was worse than me 650$ initial deposit so my brain told me to gamble it till I was in profit and little by little my whole inventory disappeared and I now have nothing.
This has taken a toll on me mentally and physically. I use to workout everyday and keep up with my social and now I haven’t in a week and respond to everyone every 10 hours. My schoolwork is up to par but I’ve always been a consistent student and I don’t want to slack. I didn’t think I’d be addicted to gambling as I’ve done multiple other things just as bad that haven’t affected me like this but it was probably due to the fact I made it to such an insane number from 10$ I thought I could do anything. Now here I am sharing my story and hopefully never going to gamble again (yes I’ve already started a plan to stop) and I am kind of thankful it’s happening to me now and not when I’m a working adult who could potentially be a crippling gambling addict (although 650$ is a lot of money but if it’s saved me from a future of debt I’m thankful). Now initially I was gambling for the thrill because my profits way exceeded my deposit but these past few days I’ve chased my losses and tried to actually make money (which was never the intent I always knew it was a losing game) because I was delusional to think that I could make it all back easily.
So here I am 1800$ profit down the hole and 650$ of my own money down the hole. I’ve been gambling little amounts since quarantine because I was bored out of my mind but they would be at intervals of like 10$ every other week or so (which is still bad but not even close to as bad as this month). I’m also physically and mentally drained and I haven’t felt worse in a long time. The craziest thing is that no one knows besides who I told that I’m even like this right now and I seem completely normal. I dont have any cravings to gamble right now and hopefully I won’t in the near future as I have accepted my losses and started to do online work to get it back (without gambling). It’s also a test of willpower to see if I relapse or not which I hope I don’t
Now your probably asking me why I wouldn’t just cash out my 1200$ inventory and I can’t even give you a proper answer to that one. It’s mainly because I saw that I’d be selling it at 60-65% lf it’s marker value which breaks even with what I spent and then you have to add in the commission from the website and the fact that crypto is really high rn so the amount I’d be getting isn’t as much as it could’ve been (although I could just hold it it’s bound to go up long term ETH and BTC specifically). So I thought that if I could deposit all my skins on the gambling sites (they take it at like 70% of the market value) and then proceed to gamble it all the way up till 1200$ I could cash it out without losing that humongous chunk of profit because I’m very greedy and pessimistic when it comes to settling down for a reasonable price. Then it went downhill and I lost everything. My luck in every game was horrible I was literally losing every game I played (which doesn’t surprise me it’s like these websites know when your desperate and when your not).
Moral of the story is don’t gamble and if you do use an amount your comfortable with losing. If you do and you lose don’t go back in and if you do and you win cash out and don’t go back in because once you win you get this feeling that you could profit if you just put in a lil more and this is when you’re sucked in. There are better ways to make money (I invested in Bitcoin when I was younger and my profits r insane but I will never touch my btc wallet for money because it’s a long term investment). Don’t chase your losses either if you lose accept that you’ve lost and you won’t be digging yourself deeper in a hole you can’t get out of. I actually hope that you lose the first time you gamble because you’ll probably stay away from it which is way valuable than any sort of winnings you would’ve had.
I should say though that not all of it is your fault (most of it is tho). Online gambling is as enticing as ever especially during a pandemic, and although most of these sites always say “don’t go on unless your 18+” they know that a lot of underage people use their website. These big sites like csgo case opening sites are filled with shiny bright coloured cases with a price tag on them (I’m not saying that they encourage youth gambling but I am saying the layout of the website is appealing to children). Youth are attracted to these shiny colourful cases and they as a result are more likely to deposit these shiny looking cases (this sounds like a stretch but this is my opinion so feel free to disagree). It’s also the fact that it’s SO EASY to deposit onto these sites and withdraw. Since most teenagers have a debit card (or even buying prepaid cards works on most of them), it takes a quick 3 minutes to put on a few hundred dollars if you really wanted to. The withdrawals aren’t usually restricted either unless it’s big amounts in the thousands (which most kids don’t have in the first place) meaning it looks like an easy way to make money and cash out. Most of these sites won’t push for age verification because it’s easy money when teenagers deposit money. And before they even go on these websites, games like csgo and dota 2 have BUILT IN GAMBLING SYSTEMS. These case and cosmetic openings in the game usually cost a small sum of money but are usually the start of thjs gambling interest especially when they get something good from the case and want to put more down. I’d call myself a lucky person considering I’ve unboxed 2 knives, and a red and multiple pinks in a kind of small amount of cases compared to the average person and this just drove me to try my luck on all these gambling sites since I had good luck in the game. These websites and games aren’t “anti- teenage gambling”.
If you read all this and are looking for a reason not to gamble, I hope this helped you and if u read thru all this thanks for listening to my story
TL:DR I’m a 16 year old who made 1800 gambling, then used all my savings after losing some, and am at 0$ currently and physically and mentally drained
submitted by Odd_Woodpecker9013 to GamblingAddiction [link] [comments]

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Casino Superlines Review

Casino Superlines is a relatively new online casino, established in 2017. It is owned and operated by Equinox Dynamic N.V., a company registered in Curacao. Equinox Dynamic is also certified by the local gambling authorities to conduct gambling operations and carries a license from the government.
The Superlines brand is one of the main properties of the company and one of their more successful online casinos. Since it was released to the general public, Casino Superlines has only increased in popularity. This is due to the fact that it offers a solid gambling experience and is available to a wide player base. There are hundreds of slots and table games on offer, allowing anyone to have a good time. Moreover, the casino also provides players with worthwhile promotions and supports a large number of payment services, thereby making it easy for anyone to quickly come on board. In this review, we will take a look at the major aspects of Casino Superlines and provide you with our honest feedback.

Casino Superlines Promotions and Bonuses

The Welcome Package Casino Superlines will give you the opportunity to greatly increase your bankroll over the first few deposits. Your first deposit will be matched an amazing 400% up to €1,000. Effectively, you will have five times the deposit amount to play with. When you make your second deposit, the percentage match is humbler than the previous one but still pretty good. The second part of the offer involves a 100% match up to €1,000, while the third bonus is a 200% match up to €1,000. All in all, you can get up to €3,000 in bonus funds and that is absolutely great. Of course, you will need to deposit a minimum of €20 each time to get your bonus.
Additionally, there are certain rules that you have to follow if you want to get the most out of your bonus. For one, there is a wagering requirement that you have to fulfil before you are allowed to withdraw the funds which amounts to 45 times the value of the bonus. For the purposes of the wagering, your maximum bet will be limited to €5.00 at a time and exceeding this cap may result in the invalidation of the bonus. Moreover, the requirement can only be met while playing slots and scratchcards, with table games and other game types being excluded. Additionally, specific slot titles have reduced contributions while others are altogether excluded. As far as withdrawals are concerned, you can only cash in a sum resulting from your bonus that does not exceed 20x the original deposit amount.
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Casino Superlines Software Providers

One thing that many gamblers overlook when considering an online casino is where the games of the given casino come from. Software providers are an essential part of the online gambling industry, developing the games that we all love to play. However, there are many such companies out there, each offering specific titles. Casino Superlines has partnered up with some of the most respected software providers in the business and was able to acquire a substantial library of casino games. Among the list of software providers, we find large names such as NetEnt, NextGen Gaming, Betsoft, Play’n GO, 1×2 Games, Amaya, Thunderkick, Elk Studios and others.
Each of these software providers has a history of creating high-quality slots and table games, allowing customers to have a great time gambling on the Internet. Their names alone should speak volumes regarding the quality of their product and with hundreds of games to choose from, you will be able to play to your heart’s content.

Casino Superlines Banking

Managing your bankroll is an important skill for any gambler and you also need to be able to easily move funds between your personal balance and your casino account. At Casino Superlines, you will not be able to use physical cash and as a result, you will be required to utilize one of the many online payment solutions supported by the casino.
These are available in several different forms – credit cards, eWallets, online banking, prepaid solutions and mobile payments. Typically the minimum deposit, regardless of what method you use, begins at €20. The maximum limits, however, will vary depending on the service.
If you choose to make your deposit with a credit card, you will be able to use the three most popular brands out there – Visa, MasterCard and Maestro. Alternatively, you may also opt to use an eWallet service due to their many advantages. In such a case, you will be able to manage your bankroll with Skrill, Neteller, Qiwi Wallet, and Przelewy24. These allow for instant deposits and quick withdrawals, where supported. Moreover, they also allow you to maintain some degree of anonymity on the Internet.
As far as online banking services are concerned, Casino Superlines gives you a lot of options. More specifically, you will have at your disposal UseMyServices, EPS, PostePay, TrustPay, POLi, EasyEFT, Sofort, GiroPay, Interac Online, and Trustly. While these can make instant deposits, you need to consider that many are regional services and may not be available to you. Prepaid solutions are available in the form of ecoPayz and Paysafecard, whereas mobile payments can be made via Zimpler and Siru Mobile. Alternatively, you may also make a deposit in Bitcoin if you are a crypto enthusiast.
Withdrawals are available, though not via all the above-listed services. You will be able to cash in your balance with Neteller, Visa, Skrill, Qiwi Wallet and Bitcoin. If you made a deposit with a service that does not support withdrawals, the casino will be more than happy to send you your money via Bank Transfer. The processing times will vary significantly between the different withdrawal solutions. Credit card withdrawals can take several days to clear, whereas transactions issued to eWallets will process almost instantly once they are sent. The minimum withdrawal starts at €100 and the maximum goes up to €5,000 per month.
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Casino Superlines Mobile Features

Playing from a mobile device has become the norm for millions of gamblers from all over the globe and online casinos can scarcely afford to ignore this tendency. To this end, they offer fully-functioning mobile versions of their gambling services and Casino Superlines does the same. Should you wish to take your favorite slots and table games with you, the casino gives you the opportunity to play from anywhere that you like. The only requirement is a working smartphone or tablet and a stable Internet connection.
Accessing the mobile version is completely easy and you can do so on just about any device. All you need to do is load the casino website within your browser and continue as you would on a desktop computer. It is that simple. You will be able to navigate any section of the casino and still have the same features at your disposal, namely, promotions, customer support, banking options and the full extent of the gaming library. You will not be limited in any way should you choose to play from your mobile device. In fact, the mobile version also comes with some features to make your experience better on a small-screen device. You will notice that all the menus have been adjusted for better functionality from a smartphone while some games include different user interfaces for improved usability. All in all, the mobile casino does not lack any features and we are sure that you will have a great time.
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Casino Superlines Games

The games selection is the primary reason why you would want to join Casino Superlines. It comes with more than 600 unique titles and each gives you the opportunity to experience something new and exciting. These span multiple different game types, including but not limited to slots, roulette, blackjack, progressive jackpots, live dealer titles and others. There is always something new to play so you will be occupied for quite a long time if you choose to join Casino Superlines. Below, we will outline some of the more popular genres and also make mention of the worthwhile titles that you can play.

Slots

If you are into slots then Casino Superlines certainly has something for you. The majority of the gaming library consists of slot games and there are more than 500 unique titles for you to enjoy. They come in a variety of different forms – video slots, classic slots, with 20 paylines, with 25 paylines, with 40 lines, etc. Regardless of what your preference is, you will find it here without a doubt.
As for the specific titles that you can enjoy, there is a large variety of themes and aesthetics in the slots category. Classic-themed games are always popular with prominent examples including Sevens & Fruits, Fruity Wild, Golden 7 Fruits, and more. Alternatively, you can also have a lot of fun with the animal-themed titles as well. Particularly, Golden Mane, Nuts Commander, Safari Spin, and Birds being among the more interesting. Of course, we also recommend that you try out some of the games with the Asian culture theme, namely Dragon King, Xing Guardian, Dragon Lady, 12 Animals and others.
Slots inspired by mythology are always popular and for good reason. At Casino Superlines, you will be able to play Viking Gods: Thor and Loki, Medusa II, Thunder Zeus, Miss Midas, Zeus the Thunderer II and others. Crime is also a popular theme at Casino Superlines, with notable games like The Slotfather 2, Cosa Nostra, Yakuza, Art of the Heist and others. Of course, these are only a few examples of what awaits you at this online casino. There are hundreds of titles at your disposal and they are only a few clicks away.

Table Games

The table games selection is downright humble when compared to the slots one, yet still, there are some excellent titles awaiting you at Casino Superlines. These come in the form of blackjack, roulette and other table game types.
If roulette is your game of choice, you will have several titles to choose from. These include the classic variations – European and American Roulette – as well as some more interesting ones that put an additional twist on the original roulette formula. The second type can be played in the form of Zero Spin Roulette, Solen Prive Roulette, Micro Roulette, Premium Roulette and more. Regardless of what you choose to play, we are sure that you will have a great time with the available games. The betting limits are quite permissive across the board and you will be able to make good use of your bankroll.
Insofar as blackjack is concerned, there are a handful of variations that you can try your luck on. These are available in the form of American Blackjack, VIP Blackjack, and Classic Blackjack. The more intricate variations come in the form of Blackjack Switch, which allows you to exchange cards between two hands, and Blackjack Surrender where you can easily forfeit your hand and reclaim some of your original stake should things take a turn for the worst. Much like the roulette titles, the available blackjack games are also suitable for both high rollers and casual players on account of the wide betting limits.
Of course, you should also not ignore the casino poker offerings either. While not the most popular game type, casino poker can certainly deliver an excellent gambling experience. At Casino Superlines, you will have the opportunity to several variations of casino poker, namely, Caribbean Poker, Casino Hold’em Poker and Poker Three. If casino poker is not to your liking, then you can also consider Baccarat, Baccarat 777 or Keno.

Progressive Jackpots

If you are looking to one large lump sum all at once, then the only game type that can meet this expectation is the progressive jackpot genre. Featuring large prize pools, these games give you the opportunity to win a small fortune if your luck is good enough. They typically come in the form of slots and this is also the case at Casino Superlines. You will be able to try your luck on some highly entertaining games, such as Dark Harbour Jackpot, Magic Destiny, Fear the Zombies, The Giant, Lagertha, Sunset and more. Even if you do not win the jackpot during your first session, you can be sure that you will have a great time simply spinning the reels.

Live Casino

When it comes to online casino gaming you will rarely find a better experience than in the Live Casino section. Live dealer titles represent the best that the industry has to offer and each game allows you to experience a different classic game type. At Casino Superlines, you have the opportunity to try out some live dealer titles, hosted by professional dealers and offering the genuine land-based casino experience. More specifically, you will be able to play Baccarat, Casino Hold’em, European Roulette, and Blackjack. Usually, live dealer games have slightly higher minimums than the typical virtual title, however, this should not prevent casual players from participating in the fun.
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Casino Superlines Licensing and Regulations

Licensing is a major factor when it comes to choosing an online gambling website. There are only a few ways to determine the legitimacy of a given online casino and you want to make sure that any website you frequent is a legal and trustworthy operation. To this end, you wish to avoid casinos without licensing or from institutions with a bad reputation. Fortunately, Casino Superlines does not fall in either of those categories. The operator behind this casino is licensed by the Government of Curacao, one of the major regulators of online gambling websites outside of Europe. As a result of this, you can be sure that you will have a fair betting experience. In order to acquire this license, Casino Superlines has had to undergo strict audits of the RNG systems to make sure that everything is above board and that the results from games are truly random. With this in mind, you can be sure that when you play at Superlines you will be treated fairly and any winning or losing streak will be solely the product of chance.

Casino Superlines Customer Support

Something that you should take seriously is the customer support available at the casino. Depending on how long you play, there will come a time that you may need to contact customer service to resolve something or to simply ask a question. In such a scenario, you want to make sure that there will be someone on the other side who will take you seriously and provide genuine help.
At Casino Superlines, you will have several methods of contacting customer support. The live chat system is the best means at your disposal. It allows for instant communication in real time and is the most efficient way to reach the support staff. Alternatively, you may also opt-in for phone support. The casino maintains a direct line that you can call, available at +421 2330 560 65. Keep in mind that charges may apply depending on your carrier plan. Finally, if neither of those methods is suitable for you, consider contacting the casino by email. You can forward all of your messages to [[email protected]](mailto:[email protected]) and you expect a response within the next 24 hours.
Additionally, there is also a detailed FAQ section, where you will find the answers to the most commonly asked questions.
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Introduction

If you are looking for a reliable casino site that offers instant gaming and a plethora of video slots and other online games, then don't look any further than Casino Superlines. It provides games from leading software suppliers like NextGen Gaming, NetEnt, Lightning Box and other software giants in the iGaming industry.
The casino was founded in early 2017 by the same team who brought us OrientXpress. The website is stylish yet simple in design with several features like solid customer support, BitCoin payment system and many others. The home currency is Euro and the casino is ideal for players residing in the European Union.
The casino website is available in 10 different languages like for example English, German, French, Spanish etc. The official website is available in a black, white and orange palette with simple navigation and an eye-catching design. For now, the casino does not have any significant complaints and enjoys an excellent reputation in the gambling industry.
Superliners Casino is owned by Equinox Dynamic N.V. and is licensed by the Curacao Government. If you are looking forward to gaining useful information about the games, features, customer support etc., you are at the best place. Here we offer a comprehensive Superlines Casino Review where you get all the details.
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Superlines Casino Video Review

Welcome Bonus

The casino operator is known for offering a generous bonus and special promotions to all the newly registered players as well as the existing customers. If you are a new player, you can avail a Welcome Bonus of 400% up to €1000 on your first deposit. It means that if you have deposited €100 in your casino account, you can play with €500. On your 2nd and 3rd deposit, you can avail a bonus of 100% and 200% respectively.
All the bonuses are limited to one person, one computer and one banking detail. There is no exclusive bonus available and to claim the bonus, you must have a minimum deposit of €20 in your casino account. You will automatically receive the bonus amount in the welcome package on the first three deposits. You must use the registration code BBC avail all these bonus offers.
On the whole, the bonus terms and conditions are fair and reasonable. The welcome bonus is subject to 45 times wagering requirement before you can request a withdrawal. You must know that different games contribute a different percentage for the bonus wagering requirement ranging from 90-100 percent.
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Other Promotions

Not only does Superlines Casino offer a great welcome bonus, but there are also some weekly promotions you can take advantage. Like for instance, you can enjoy 100% bonus money on all deposits every Friday between 02.00 and 08.00 GMT. It is known as Happy Hour which is available once a week.
There is another nice promotion available called Payment Method Bonus where you can collect 15% extra money on your Welcome Bonus on selected payment methods. If you are a high roller, you can take advantage of the High Roller Welcome Bonus. You need to contact the customer care staff for more information.

VIP Program

Superlines Casinos offer VIP Program where you can reap more benefits as a loyal member. The more you play, better your rewards will be. As a player, you will start with the Bronze tier where you will get features like Welcome Package, Loyalty Promotions and Cash Points for every €10,000 you wager.
After that, you go into Silver, Gold and Platinum Tier where you will be eligible for more cash points and higher benefits like a dedicated account manager and monthly cashbacks. As a Platinum Member, you will be eligible for a Monthly Prize Draw. You don’t have to wager on the cashpoints.
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Casino Superlines Game Offer

At Superlines Casino, the assortment of table games is quite diverse. If you enjoy playing Roulette, you can check out some of the popular variants like Micro Roulette, Premium Roulette and Zero Spin Roulette.
If you are a fan of Blackjack, don’t forget to check out variants like Blackjack Switch and Blackjack Surrender. The casino operator also features video poker games like Magic Poker, Poker Dice, Poker Three, Casino Hold’em and Caribbean Poker.
As a player, you can enjoy a plethora of online slots powered by several software vendors in the iGaming industry. Some of the widely played game titles are Guns N’ Roses Slot, Wild Torso Slot, Viking Fire Slot and Gonzo’s Quest Slot.
At the moment, around 100 games are featured on the casino website. Since it is a new operator, you can expect the numbers to double shortly. All the slot games are known for its stunning graphics and fantastic sound quality. You can change the language of the slot games at any point in time.
All the casino games features at the Superlines Casino incorporates RNG or Random Number Generator. Hence fairness and randomness for the casino games are completely guaranteed. The casino operator is known for the most unpredictable RNG online due to extensive audits by game testing agencies.

Live Casino

Superlines Casino is also home to some of the best live games in the iGaming industry. If you are a Roulette aficionado, you can master the wheel with variants like European Roulette, GIB Roulette and Sizzling Hot Roulette. Also, if you love Blackjack and Baccarat, you can find several game variants suited to you taste while playing against the live dealers.
Superlines Casino is licensed and regulated by the Government of Curacao which means that you get access to the highest level of features in the iGaming industry. All the casino games are powered by reputed software giants like NetEnt, Elk Studio, NextGen Gaming, 1×2 Gaming among others.
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Mobile

The website of Superlines Casinos is clutter free with everything clear and within the view. The appealing colour palette with a sophisticated and stylized design creates an immediate impact on all customers. Here, you can find a plethora of games where you can either download it on your mobile via app or play it directly on the web browser. The casino tested by independent game testing agencies like TST and eCOGRA where all the games are free from malware.
The games can be downloaded on all popular smartphone models of iOS and Android. At the same time, the games are compatible with all the modern browsers like Google Chrome, Apple Safari and Mozilla Firefox. You can play the games on your smartphones or mobile devices even when you are travelling from any place in the world. You need to download the app on your device and get immediate access to a wide range of games offered by Superlines Casino.
When it comes to fairness, transparency and trust, you can entirely rely on Superlines Casino as the operator is fully committed to providing a fair gaming standard. The game software is meticulously maintained and tested by the gaming agencies from time to time with the highest industry standards.

Payment and Withdrawals at Superlines Casino

When it comes to banking options, you can rest assured that your valuable money and user credentials are safe with the casino operator. For making deposits, you can opt for various payment methods like payment cards, Zimpler, Trustly, GiroPay, Poli, Visa, Visa Electron, Paysafecard, MasterCard, Maestro and EcoPayz.
When it comes to withdrawals, the options are a little bit limited as you have to opt for services from Skrill, Wire Transfer, Visa, Visa Electron, Neteller, MasterCard and Maestro. All the payment method comes with fees and charges for processing the transaction. You must choose a payment method that does not charge a lot of money and settles your online transaction in the minimum possible time.
All the winning payouts are processed by the casino operator immediately, and you can expect the money to arrive in your bank account without any delay. Before processing the withdrawal request, you must submit a photo ID and utility bill.
The photo ID can be a valid National ID Card, Driving License or Passport. The utility bill can be either phone or electricity bill with your name and address mentioned. The bill should not be more than six months old.
If the documents are not received within five working days, the withdrawal request is declined, and the money is returned to the casino account. Superlines Casino verifies all the requested documents within 1-2 business days. For fast winning payouts, you are recommended to send an email to the customer support team with scanned copies of the documents mentioned above.
The minimum withdrawal amount is €100 per withdrawal with a maximum of €5000 in a given month. Any requests above these limits are automatically declined, and the funds are automatically returned to your casino balance.
All withdrawal requests are processed in 1-3 days after document verification. Once it is processed, you will receive the money based on different banking methods like:
  • Payment Card: 1 business day
  • Neteller: 1 business day
  • Skrill: 1 business day
  • Qiwi: 1 business day
  • EcoPayz: 1 business day
  • Wire Transfer: 5 business day
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Casino Superlines Customer Support

Although the casino has been in existence for around a year and a half, it is surprising to note that Superlines Casino offers 24/7 customer service to all its clients. Staff members can be contacted through various channels like email, live chat and telephone where all queries are resolved in 24-48 hours.
If you don’t want to wait for their reply and you are in a hurry, then you should check out the detailed FAQ section on the official website of the casino operator which we linked to in our online casino review. The dedicated section can help you get answers to some of the commonly asked questions related to casino games and online banking transactions.

Restricted Countries

Due to some legal and gambling restrictions, players residing in Afghanistan, Algeria, Albania, Angola, Cambodia, Guyana, Ecuador, Hong Kong, Iran, Indonesia, Israel, Kuwait, Myanmar, Lao, North Korea, Nicaragua, Namibia, Philippines, Papua New Guinea, Panama, Pakistan, Spain, Syria, Singapore, Sudan, South Korea, Taiwan, Uganda, United Kingdom, United States, Zimbabwe and Yemen are prohibited to register and play at Superlines Casino.
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Reliability and Security

The Superliners Casino implements 128 bit SSL or Secure Socket Layer technology to keep the transaction details of all the players safe and secure. At the same time, this sophisticated encryption technology eliminates all risks associated with online banking. The online gaming system is managed to highly professional standards to deliver secure service for all players.
Superlines Casino maintains full confidentiality over all information of players, and it is not shared outside the organisation. Upon registration, you are given a personal account holder and choose a proper username and password. It is your responsibility for keeping the information safe from any unauthorised access.
Complete privacy is provided to players while making online banking transactions for deposits and withdrawals. Authentic checks are carried out from time to time so that your personal and confidential details like bank account number, email address and contact number are not compromised.
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Summary

If you are searching for an ultimate online casino experience, it does not get anything better than Superlines Casino. It maintains an incredible real casino environment with staff members working round the clock to offer an immersive gaming experience to players. The casino uses some of the best gaming providers in the market for top quality games like online slots, table games, video poker etc.
All the casino games are available for free play where you get to understand the game before you start playing for real money. At the same time, the casino is licensed and regulated by Curacao which means that all games are fair and random.
Superlines Casino receives a big THUMBS UP from our team members at Top10-CasinoSites.Net, and we recommend this operator for all the newbie as well as experienced gamblers. We highly recommend checking out the list of restricted countries from the list above before playing. If you are eligible, you must register and start playing your favourite games either free or as a real money player.
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Because when you can't rely on math and probability theory, the only way to learn how to win at slots more often is to use the most precious resource you have left: your brain. The Bankroll Learning to manage your bankroll correctly is a tactic that will bring you very far, regardless of the type of casino games you play and your winning odds. If it sounds like we’re on the same page, you’ll need to know which money slots give you the biggest bang for your buck. Stick around. Your 2021 online slots for money hitlist is coming right up, served fresh and made with love. Big Cash Win Preview. With truly great money slots comes a Big Cash Win. That’s what this 3-reel, 1-payline You can’t win daily. However, you can actually win money playing online slots if you use ours suggests. Some so many people claim that they are winning huge money on slots daily, the put videos and pictures on the internet. Therefore, the question that comes to your mind is can I win on slots all the time and make some profit. Unfortunately, you can't expect that the free spins on this page will make you rich or that you will win cash every time you play free slots. Although many of these bonuses let you play real money slot machines for free with the opportunity to win cash online - don't forget winning money in gambling isn't easy. You have the opportunity to win money online for free, sure. But whether this No deposit slots bonuses all have T&Cs and rules you must follow or you can't cash out winnings from any slots free with bonuses. That's why you must read these before you claim a bonus so you know what you're in for. Wagering requirements – Pick bonuses with the lowest wagering requirements so you can meet them before you run out of playing funds. Eligible games – Not all casino games can By participating in our slot tournaments where our listed games are featured, you can play slots for free and win a prize. The only thing you need is an email address, a little bit of luck and being able to snatch a spot on the leaderboard that qualifies for a prize. If you do, we’ll send you a cash prize to your personal account! As such, there are many 3-Reel slots available online, and most online casinos offer 3-Reels. Again, they’re a great way to start out with online slots games and can help you learn how to win at slots. 5-Reel Slots. Amongst online slots real money offerings, 5-Reel slots are very popular. Naturally, 5-Reels tend to be harder to win (a good A simple answer to the question is yes. However, the amount of money that you will win is not much. Web based casinos will offer players free spins on selected slots. When you win at these slots, you will be able to cash out the money that you have won from the free spins. Can You Win Real Money on Slots? June 12, 2020. in Casino, Slots. Many players who participate in the online casinos like the slot games look for real money. Extra cash requirements are thus resolved for them. These games are normally available on the form of gambling games or free slots. Games of these types, unfortunately, are not focused on providing scopes of earning hard cash. On the The tips above are good for starting winning online slots, but unless you have a goal or exit strategy, you will never win playing slots online. If you play long enough, eventually you will lose all your stake money! You need to play disciplined and set yourself a cash/return goal and use the slots tips and tricks above. A return on your original stake of 10% to 15% is a great benchmark, during a playing session if you reach this figure you should immediately stop playing and cash out the

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Can you win real money on Slotomania? - YouTube

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can you win cash on online slots

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