Tips For Managing Your Bankroll

With gambling access easier than ever, it is very easy for some to get carried away and spend more than they mean to. Online casinos are a great way to get to Vegas without actually having to go there. There is a much larger variety of casino games online than there are in land-based casinos. This also makes online casinos more attractive because there is something for everyone. The one downfall to playing online casinos is that it is much harder to set a budget and walk away when it’s gone. If you are bored or work from home on a computer, it almost seems too convenient and pretty soon, if you aren’t careful, you can overspend your budget.

Gambling Budget

The first thing to remember when you begin playing in an online casino is to come up with a maximum amount of money that you can deposit into the casino per week. Take into consideration how much money you make, how much your bills cost, and then use that information to figure out how much you can afford to deposit. Be smart when you come up with a number. You don’t want to deposit your grocery money into your casino account because you lost all you had budgeted on Monday morning. Remember this phrase, “When it’s gone, it’s gone.” Live by that phrase and you won’t overspend your budget.

Reverse Withdrawal

Some online casinos have what is called reverse withdrawal. If you don’t have good self-control over your money, you should not use this option. Reverse withdrawal occurs when you cash in your winnings. After you do this, the online casino gives you a certain amount of time where you can access your money.

Limit Your Time

Whether you still have money in your account or not, set a time limit for how long you are allowed to play each day or each week. Even if you are winning or losing and you have reached your time limit, stop. This way, your money lasts longer and you are at less of a risk of losing all of your money by playing until you are broke. Set your limit by using a timer. Of course, this method does take discipline.

Conclusion

In the online world, you are responsible for how much money you deposit and withdraw. Be smart about it. Online casinos should be fun and stress-free. Come to play with the right attitude and gambling can be fun and potentially profitable.

Gaming Ban In Cyprus Delayed

The timeline for the enactment of the ban of online gaming by the government of Cyprus was for completion by the end of 2010. However, this objective has been delayed despite their proposal to the European Commission in September. The government planned to allow sports betting but ban all other types of online gambling. The reason for the ban was to protect citizens from the negative aspects of online gambling.

The European Court Of Justice

The precedent for this decision arose from the European Court of Justice. The European Commission stated Cyprus must obtain feedback from other member states which would take at least three months. If everything continues as planned, the ban would be enacted in March 2011.

Statements Of Objection

Unfortunately for Cyprus, the United Kingdom and Malta have filed statements objecting to the ban. The Democratic Rally Party Chairman accused these two countries of attempting to disrupt the plans of the Cyprus government. Regardless of their objections, the Chairman proclaimed this is only a minor setback and Cyprus will be able to pass the law.

From his review of the paperwork sent by the European Commission, he believes banning online gambling is only an issue if the goal was to draw competition from land-based casinos. Furthermore, as long as the process follows the European Union laws regarding online gambling, there should not be a problem.

Clarification Of The Specifics

The European Commission is requesting confirmation as to how customers will pay for online sports betting, why there are a limited number of licensees in the outline, and further clarification of specific articles that appear to be discriminatory in nature.

Opposition To The Bill

Opponents of the ban such as Henrik Witt, a Cyprus-based online gambling company, state that the ban could have unfavorable consequences to the economy. All online gambling operators will relocate from Cyprus taking jobs and income with it. Also, local players will continue to gamble illegally at suspicious sites resulting in the exact opposite of the goal of the ban.

Despite opposition to the bill, it looks as if it will be passed in 2011 once all paperwork is completed. The result will be a major change in the Cyprus economy due to a decrease in the number of jobs and thus money to purchase items. Players will look to spend their money on gambling in other countries. Perhaps in the future, the Cyprus government will overturn this bill.

A Look At Evidence Handling

In many casinos, surveillance and security officers have not had basic training with regards to evidence handling. Since this is such a vital aspect of the casino business, it is important for these employees to know what to do and what not to do should the situation where evidence handling ever occur. In addition to surveillance and security officers, executives in the pits and slots as well as many other employees that could investigate should be trained on this procedure.

The Basic Definition Of Evidence

The typical definition of evidence is that which establishes or falsifies truth. Evidence is the procedure by which facts are proven to be true or false in a court of law within a country with an established judicial system. It helps prosecute criminals and protect the innocent. As a result, it is vital to know the proper handling of evidence in any type of job.

The Purpose

Evidence has two purposes in the casino surveillance industry, to protect the assets and liabilities of the casino and other areas of the organization and successfully prosecute criminal activity that occurs on the groups of the establishment. The most successful cases end in a guilty plea by the perpetrator which requires clear and complete evidence. Also, everything must be completely and thoroughly documented.

Reports from different departments and the surveillance report that outlines, in detail, the actions taken by the perpetrator must be completed, reviewed, and signed off upon by the proper supervisors. Any missing detail can be detrimental to the overall case against the guest.

Errors In Evidence Handling

When faults in the handling of evidence occur, defense attorneys, question the reliability, its preservation, and the overall competency of those that gathered it. These errors can result in the criminal being set free or prosecutors completely denying the case. There are many instances in the casino industry where cheats and thieves who were caught on tape have been released due to an inconsistency found in surveillance procedure that resulted in the case being dropped.

Correct evidence handling and complete documentation written by employees are some of the most important aspects of running a casino. Everything must be detailed and accurate in order to have strong evidence in the courtroom to sentence any perpetrators. More casinos should develop procedures on how to properly handle evidence in the case of an issue on the casino floor.