The loyalty and rewards program are some online casino features that are most of the time disregarded by the players. This is happening since people think that they are too little to take into consideration too much. Some loyalty programs are a scam to just get you to play more, but more reputable player clubs programs (like Total Rewards for Harrah’s casinos) are a great way to score free rooms for playing the games you love.
The promotions that you have available at the online casinos come in many ways. The most popular promotion is the welcome bonus, along with that there are reload bonuses available from time to time and that can offer you a pretty good bankroll boost. And in case the terms and conditions imposed to those bonuses are soft enough you can easily clear the bonus and cash it out if you want.
The online casinos are always coming up with something new in order to be able to offer you the chance to win as you play the games. One of the latest trends is to get free spins for a certain online slot game the moment you sign up for the first time. Others might offer you tickets to daily tournaments where you get to compete against other players and the best one will win. These tournaments allow you to play many different games like blackjack, slots and others.
Some of the many casino players cards
By far one of the best opportunities to earn rewards while playing online casino games is represented by the loyalty program. With the help of a VIP program every time you will wager money at an online casino you will automatically earn some bonus points. These points are awarded based on how much you wager and the concept behind all this is very simple: the more you wager the more bonus points you manage to earn. Some online casinos will have different VIP levels and as you manage to earn more points you will be going up the ladder to higher levels where the rewards are higher.
Most of the time at the online casino loyalty programs you will be given 1 Comp Point for every $10 that you wager and afterwards you can exchange 100 Comp points for $1 of cash. At first sight this might not seem like much, but the truth is that if you will stick to one online casino and gamble a lot, this free money will prove to be useful and it will add up to a nice sum.
The online casinos will get you into their VIP rewards club automatically when you sign up and this means that you don’t have to do anything but to start playing your favorite online casino games. There are no limits imposed to how much you can earn with the help of a loyalty program and at the same time there are no special conditions that you have to meet in order to cash out the money after you’ve earned it.
Recently, the state of New Jersey approved a law to legalize Internet gambling. The law will allow online betting in any game currently offered by the Atlantic City casinos. New Jersey Gov. Chris Christie signed the bill, in February, after the legislature enacted the amendments that he had requested. The bill was sponsored by Sen. Raymond Lesniak.
More specifically, the law establishes a 10 year trial period for approved internet gambling sites. After the first ten years, the state will conduct a review. Additionally, Atlantic City casinos will be required to pay a 15 percent tax on any online winnings. This is an increase from the current 10 percent tax that the Atlantic City casinos Continue reading…
SunFirst Bank Owner and Vice Chairman Charged with Online Gambling
Jon Campos ended up serving only 3 months for allowing his bank (SunTrust) to act as a gambling payment processor for well over $200 million for US poker players.
The U.S. Department of Justice (DOJ) has commenced a prosecution against 3 of the world’s largest online poker sites. 11 people were indicted on April 15, 2011, for violations of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA), money laundering and conspiracy to commit bank fraud. Among the indicted are John Campos, Chad Elie, Isai Scheinbert and Raymond Bitar. Chad Elie was released on $250,000 bond Tuesday, April 19, 2011. John Campos was released on $25,000 bail on Monday, April 18,2011. Campos has to keep in touch with the Utah Probation Department. He also had to surrender his passport.
John Campos is a part-owner of SunFirst Bank. He is also vice chairman of SunFirst Bank’s board of directors. He is charged with setting up accounts with SunFirst Bank to receive payments from U.S. online gamblers in violation of the UIGEA. The payments were made to PokerStars and Full Tilt Poker, two of the three largest online gambling sites listed in the indictments. Mr. Campos is a resident of St. George, Utah. SunFirst Bank is also headquartered in St. George, Utah.
No court date has been set for Mr. Campos. Neal Kaplan, Mr. Campos’ attorney, expects a date to be set in a few weeks. Mr. Campos will be tried in the Manhattan U.S. District Court. Mr. Campos is only being charged with 6 of the 9 counts listed in the indictment. Mr. Elie is being charged with all 9 counts of the indictment, which explains his bail being 10 times greater than Mr. Campos.
It’s almost that time of year again! The 43rd annual World Series of Poker begins Sunday, May 27th with the last tournament starting Monday, July 9th in Las Vegas, Nevada. Each year thousands of poker players risk their bankrolls for a chance to win over $190,000,000 in available prize money. Some risk it all for the winner’s bracelets that adorn the wrists of legends like Phil Helmuth, Doyle Brunson and Phil Ivey and the respect that comes with a WSOP bracelet.
The Rio All-Suite Hotel & Casino (owned by Caesars) is hosting the tournament again this year. 480 poker tables fill the 125,000 square foot ballroom along with cameras from ESPN to capture the all-in action. Buy-ins for each tournament range from a direct buy-in of $500 to $1,000,000 while some players won seats at the many WSOP circuit events held all over the country through out the year. There are some US friendly poker sites offering WSOP satellites, like Lock Poker. Of course all the non-US poker sites like PokerStars also offer WSOP seats for winning online tournaments.
The most well-known of the events is the $10,000 buy-in No-Limit Hold’em Main Event. It begins Saturday, July 7th and runs until the final table of nine players is determined. Since 2008, play of the final table has been delayed until November, earning the players the nickname of the November Nine. Due to the 2012 Presidential Election, play this year will begin on October 28th. Will it now be call the October 9?
Several variations of poker are played during the World Series of Poker, the most common being No-Limit Hold’em. Other events being offered this year are Heads Up No-Limit, Pot Limit Omaha, H.O.R.S.E, Limt Hold’em, 2-7 Triple Draw Lowball (limit), amongst many others. Visit the World Series of Poker official page for a full event schedule.
WSOP is sponsored by Caesars Entertainment, formerly Harrah’s Entertainment. Event players can contact any of their Las Vegas hotel resorts for special room rates and accommodations during the WSOP. Registration opens May 27 with pre-registration available 14 days prior to any bracelet event. Players who bust or are waiting for an event to begin can also take advantage of the numerous cash games and non WSOP events that will run during that time.