Is Keno a Good Gamble?

Is Keno a good gamble and should you play it while in the casino? The answer is it depends on the person playing the game and why they are playing the game. The odds of hitting an eight spot Keno ticket are 230114 to 1 against you. So the odds are very high and certainly not in your favor. The payoffs are way off the mark and the house edge is made even bigger since they do not pay the correct odds if you do hit the ticket.

If you feel the urge to play Keno there are several ways to make this skill free game more enjoyable. Set a dollar limit on the number of games you will play. Play it while eating or setting at the poker table. You can rationalize the cost of Keno as part of your dinner expense. If you play it while playing poker and you take your bets off your poker stack, then the poker game is covering the cost as long as you are winning at poker. To sit for hours and hours and just play Keno takes more patience than most players can summon up.

Of course if you hit a big ticket then all of the logic for not playing Keno is put out of mind and the player and his family or friends will enjoy the winnings. Keno is similar to a state lottery. Everybody that plays knows it is a bad bet, but they continue playing in hope that they will hit a big ticker. People do win, just not very many. The reason that many people play is they do not have to learn any thing in order to play the game. If you can mark off eight numbers on a ticket, then you are ready for the Keno wars.

Another good time to play Keno is if you have been running very lucky. Maybe your winning streak will extend to the Keno game. It is certainly worth a try for a small amount of money. Never assume a streak is over until it is. This advice on when to play is from a logical perspective. A hunch or running lucky is a very good reason for trying to extend your luck. Hitting eight numbers is done all the time in Vegas so it may as well be you as the next winner.

Online Gambling Ban in America is As Good As Dead

In light of the recent events surrounding online gambling in America, whether it is casino poker sports betting or bingo we are again being asked the million dollar question, is it illegal for me to gamble online if I live in the USA?

The answer we give is the same as it has always been despite now our position has been backed up by the US government. The Bill that supposedly made it illegal in 2006 did not in fact make it illegal for you to play at all but instead made it it illegal for America banks to process gaming transactions. This in itself was ineffective as many of the gambling companies did not use American banks anyway.

It absolutely did not make it an offense for an individual to play at an online casino or poker site. Given this glaring hole in the legislation even the banks fought back claiming they should not be put in the position of policing online gambling. At the same time Sen. Barney Frank was preparing a bill to make the ban obsolete and instead do the right thing and regulate the online gambling industry.

The important timelines here are Friday 27th November 2009, Tuesday 1st December and Thursday 3rd December.

Tuesday 1st December is the day the UIEGA Gambling ban was to come into force. This was to be 2 days before Sen Barney Frank was to have his Regulation Bill heard by committee on Thursday the 3rd December.

On Friday 27th November however something happened, the US Government postponed the enforcement of the Gambling Ban by six months until the 1st June 2010. This can only to be to allow the correct approach of regulation and allowing Barney Franks bill to be sent through the channels .

To look at it pragmatically everyone involved knows that online gambling in America will be legalized, regulated and taxed within the next 18 months so why put any further pressure on an already stretched banking system for something that will be overturned in such a short time? It appears that common sense has prevailed and the road is now open for the legalization of online gambling in the United States of America.

This of course was the only course of action open to the US Government and was inevitable. The question this leaves is where do the big Las Vegas casinos go from here? As we have previously written the likes of MGM and Las Vegas Sands have not been exactly proactive in their move towards readiness for the coming legalization.

All we can say is that our door is always open should they need any advice.