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Special Report: Casino Games Odds

Online casino players have long been calling for a comprehensive report citing the odds of playing and winning their favourite casino games. The good news is that each casino game sports a different set of odds, winning probabilities and payout percentages.Online Casino Reports (OCR) has undertaken a comprehensive study into multiple casino games and we have ranked them accordingly. The study was compiled on 7 popular casino gaming variants including: Blackjack, Baccarat, Roulette, Video Poker, Craps, Keno and Slot Machine games.Checking your Odds before Playing for Real MoneyPlayers are encouraged to check the odds of playing their preferred online casino games. The good news is that all registered online casinos list their payout percentages on each of their gaming variants. These certifications are often compiled by way of TST (Technical Systems Testing) audits. A TST certificate is an independently audited result of the payout potential of each particular gaming variant.TST categories include Slots games, Table games, Card games, Video Poker, Poker and Fixed Odds games. An overall payout percentage is listed too. A payout percentage of 95% means that for every $1 wagered, the player will typically receive $0.95 in the long-term when perfect betting strategy is employed. Naturally, games with the best payout percentages should be selected for gaming.Standard Odds for Each Casino GamePlayers expect clear-cut rules when playing their favourite games. Like a coin toss which has odds of 50/50, or a dice roll with 1/6 chance of any number coming up. However, casino odds are somewhat more complicated because the casino is in operation to make a profit. As such, the odds are always in favour of the casino - to a greater or lesser extent. A classic example of this is Roulette gaming. Two basic variants exist: European Roulette with 37 numbers and American Roulette with 38 numbers. The payday in both cases is 35:1 should a number hit - but the odds of hitting a number are significantly different owing to the additional zero and the house edge. It is safe to say that the higher the House Edge (expressed in a %) the less probable it is that the player will win:Blackjack sports odds of 0.80%Baccarat (Banker bets) are 1.17% and Baccarat (Player bets) are 1.63% & Tie Bets are 14.36%Craps odds vary based on the bet from 1.41% to 16.7%+.European Roulette has odds of 2.70% while American Roulette has odds of between 5.26% and 5.60%.Slot Machine games range from 2% to 15% house edge.Video Poker games sport odds of 0.46% for Jacks or BetterKeno sports odds of 25% - 29% in favour of the housePai Gow Poker sports odds of 2.5%Games with the Best Player Odds*Blackjack Liberal Vegas Rules - 0.28%Spanish 21 (Dealer Stands of Soft 17s) - 0.40%Video Poker (Jacks or Better) - 0.46%Baccarat (Banker Bets) - 1.17%Craps (Don't Pass/Don't Come bets) - 1.36%Pai Gow Poker - 2.5%European Roulette - 2.70%(Slots, American Roulette and then Keno - these games have high house edges)*Games with the lowest house edges are listed first.

Victor Chandler Goes Mobile with QuickFire

Victor Chandler, an industry leader in sportsbetting and online casino gaming, has entered into a lucrative deal with QuickFire software. QuickFire is a powerful software program that is easily integrated into any gaming platform, regardless of whether Microgaming is the main software provider. The benefit of this new deal between VC and QuickFire is that players can enjoy wider access to games, especially in the mobile gaming format. The announcement between these two power-players in the gaming world has been met with rapturous applause by industry pundits. QuickFire is eager to provide its flexible flash gaming software to VictorChandler patrons. The benefit to VC is that its players now get to enjoy the finest mobile Microgaming-titles too. QuickFire is now the sole provider of mobile gaming software to Victor Chandler. Gaming on the Go in Flash! QuickFire gaming software, compliments of Microgaming, provides VictorChandler players with topnotch mobile betting software. The QuickFire application is leaps and bounds ahead of the competition. Victor Chandler now has superior mobile betting and mobile casino gaming, courtesy of the Microgaming app. For its part, QuickFire is delighted with its market position and the new deal with Victor Chandler. Victor Chandler signed on to Microgaming's QuickFire software in March of 2011. The move to incorporate QuickFire as the exclusive software provider for mobile betting games is testament to the quality of this software platform. The popular game Hellboy is one of the games now available through QuickFire software.

Full Tilt Hearing To Be Closed To Public

Monday's delayed hearing into Full Tilt Poker's license suspension by the Alderney Gambling Control Commission will be closed to the public, the commission has announced. 'Disappointing decision' The AGCC said in a press statement that it commission forming the tribunal on FTP have decided to hold the hearing 'in camera'. It said it reached the decision following a pre-hearing application by Full Tilt Poker to adjourn the meeting again. AGCC Executive Director Andre Wilsenachsaid he was pleased the hearing would go ahead as scheduled, but added that he was "disappointed" by the tribunal's decision to hold the hearing in private. He said the public has a right to know the reasoning behind the decision to suspend FTP's licenses and to hear all the evidence. FullTiltPoker.com had its license suspended by the gaming commission on June 29 following the indictment of company officials in the US on April, also known as "Black Friday", over alleged violation of local gambling laws. FTP issues statement After a long period of silence, Full Tilt Poker finally issued a new statement to PokerStrategy.com in which it explained the financial issues it is facing, and said owner Pocket Kings would launch a cost optimization program of around 12 million euros, which would include laying off as many as 250 employees to cut costs. Notwithstanding this, it said, "Pocket Kings firmly believes it has a very strong future in Full Tilt Poker's non-US markets, and is fully committed to ensuring Full Tilt Poker restores the site and repays players in full...The company is in active discussions with several parties and will provide a further statement in due course."

Important Online Poker Updates

Four of the world's leading online poker rooms are competing for player patronage with a series of winning poker deals. These include generous new player bonuses, new games, exciting tourneys, big deposit bonuses, and more. Big Bonuses and Tourneys at William Hill Poker William Hill Poker is ramping up its fall offerings with a big new player bonus. Players stand to receive a 200% bonus up to £1,250 when signing up with WHP. Plus, September Fest is running at WilliamHill Poker - with $30,000 in cash and IWF tickets up for grabs. Players can qualify for free entry to this mega satellite event with some 4 x Irish Winter Festival packages waiting to be won. Bet365 Poker Provides Terrific Free Features Bet365 Poker is big on innovation and gaming accoutrements. In this vein they are currently providing their players with a poker toolbox (bankroll management, stats and poker tips), a poker school for beginners, and a terrific VIP scheme that rewards players for their patronage. Their $1,000 new player bonus is plenty competitive too. 888poker Ramps up its Seasonal Offers The 3D 888poker platform brings with it mega prizes and an opportunity to convert 8 cents into $15,000, with gifts galore. Leading from the front is 888poker with a generous 100% bonus up to $400. And there's $8 free for players from select countries. With the exclusive PokerCam feature, players can enjoy  a live streaming poker game from the comforts of home. Play it Cool at Cool Hand Poker Players can enjoy Chance Freeroll Feeders, Turbo Bounties, Turbo Rebuys and Guaranteed Freeroll Feeders at CoolHand Poker. This poker room provides a topnotch poker school for players and a €4,300 package to the European Championships of Single Table Tournaments (ECOSTT) event.

Sportingbet Takeover of Centrebet Complete

A significant shift has taken place in Australian sports betting in the past month, with London-listed online sportsbook operator Sportingbet completing its takeover of Aussie rival Centrebet. $183 million deal completed Sportingbet purchased Centrebet for US$183 million, completing the deal after almost four months of negotiations. The London-based gaming operator had already offered its services in Australia through a Northern Territory license, and now become the country's largest online bookie. "We are delighted to complete the acquisition of Centrebet, which means we are now the leading bookmaker in Australia, as fast growing and regulated market," Sportingbet CEO Andrew McIver said at the time. He added that the transaction highlights the company's strategy of geographic diversification. What now for Centrebet? Sportingbet's takeover of Centrebet was all but completed in August when it received the approval of the Federal Court of Australia. That decision followed an announcement a week earlier that Centrebet shareholders had approved the plan. Under the deal, Centrebet has been officially delisted from the Australian Securities Exchange and become a wholly-owned Sportingbet subsidiary, establishing Sportingbet's place at the top of Australia's online sports betting ladder.

Winner Casino End of Season Offers

Winner Casino is an exciting Playtech-powered online gaming hub. It features topnotch graphics, rich audio visuals and all the pizzazz of Las Vegas-style realism. Players have myriad opportunities to transform a small bankroll into significant real-money winnings. With so many games to play - Blackjack, Slots, Video Poker, Progressive jackpot games and more - there's never a dull moment at this online casino. Best of all, players can enjoy real money gaming and fun-play entertainment at the click of a button. The casino software takes but a moment to download and the rest is a snap. WinnerCasino is governed by industry-experienced staff such as pro gamblers,skilled live dealers and topnotch tech support. Join the Winner Casino VIP Club The top bonus offer for new players at Winner Casino is the multi-deposit bonus offer. Players can earn 100% up to $300 on their first deposit and 150% up to $300 on the second deposit. And over the following four months, players stand to score an added 100% up to $100. That's $1,000 in deposit bonuses for new players. High Rollers have lots to cheer about too. VIPs can make up to $2,000 on their first deposit with a glittering 150% bonus offer. VIP club members at Winner Casino include multiple levels such as Club, Select, Elite, Premium, Superior and Royal. Players are privy to gifts, bonuses, personal account managers, special tournaments and events, quicker withdrawals, higher withdrawal amounts and higher comp to cash conversion rates. Payment Options at Winner Casino Safe and secure deposits and withdrawals are available at Winner Casino. Players have multiple payment processing options available including Visa, MasterCard, Diners Club, Maestro, Moneybookers, InstaDebit, Neteller, Click2Pay, GiroPay and POLi and more. For select deposit options, players stand to receive bonus cash from Winner Casino too.

Sportsbooks Ponder the Mann Booker Prize

Julian Barnes is currently leading the pack in the sportsbooks' odds for Mann Booker Prize winner 2011. He's lost out on three other occasions, having made the shortlist in 1984, 1998 and 2005 but failed to claim the honor of top prize. This year his short novella, 'The Sense of an Ending' has again made the final six and is being favored by online sportsbooks and land-based bookies such as William Hill and Ladbrokes with top odds. Strangely Barnes is not the only nominee to be making a repeat appearance. Carol Birch, author of 'Jamrach's Menagerie', was also made the longlist in 2003. Mann Booker Prize Odds Everyone has their own preferred prize winner but the sportsbooks odds-on favorite is currently Barnes. Winner 6/4 Julian Barnes (The Sense of an Ending) 7/2 Carol Birch (Jamrach's Menagerie) 5/1 A.D. Miller (Snowdrops) A.D. Miller (Snowdrops) 6/1 Stephen Kelman (Pigeon English) 6/1 Esi Edugyan (Half Blood Blues) 7/1 Patrick deWitt (The Sisters Brothers) Mann Booker Prize Winner 2011The winner of the 2011 Mann Booker Prize will be announced on 18 October. As well as gaining prestige and book sales the winning author will pocket a prize of £50,000. This famous literary award always gets tongues wagging and the online sportsbooks are the place to put your money where your mouth is. William Hill Sportsbook has a great range of 'specials' including wagers on The Turner Prize and reality shows such as X Factor and Big Brother. Check out the best odds on programs and awards that everyone's' talking about.

EU Okays Denmark Online Gambling Taxes

European Union regulators approved Denmark's new online gambling taxes on Tuesday, paving the way for the northern European country to continue with the liberalisation of its gaming industry.'Complies with EU rules'The European Commission said in a statement Tuesday that its in-depth investigation found that a law removing some restrictions on gambling in Denmark, which also means online casinos pay lower taxes than land-based casinos, complies with EU rules.The Danish gambling laws are compatible with EU rules "because the positive effects of the liberalisation of the market outweigh the distortions of competition brought about by the measure," the regulator of the 27-nation European Union said.Denmark sets exampleOnline gambling operators and interest groups were full of praise for the Danish initiative, saying that it sets an example for other European nations to follow.A spokesman for UK-based betting company Betfair, which is planning to apply for a Danish license, said its regulation will is "a great example of what modern-day gambling legislation should look like across Europe." He added that it is structured to provide Danish consumers and international operators with the benefits of a safe, transparent and competitive online gambling market.However, National lotteries body European Lotteries seemed not to see the benefits of the law, slamming the commission for favouring liberalisation of online gambling over what it called "the substantial risk for gambling addiction." The lotteries body said online and offline gambling operations should have been taxed equally.

Was Full Tilt Poker a Ponzi Fraud?

In shocking new claims, the FBI and US Department of Justice are actively investigating whether or not Full Tilt Poker was acting as a massive international Ponzi scheme for its investors. The startling new revelations estimate that hundreds of millions in illegal money transfers and investments made their way into fraudulent activities. FTP has already been accused of perpetrating widespread bank fraud and potential money laundering activity, but this latest news is sending shock-waves through the online poker industry.Breaking News US Federal prosecuting attorneys are convinced that their case against FTP is airtight. Allegations that the poker site fronted for nothing more than an international Ponzi scheme are gaining serious traction in legal circles. Many international poker players fear the worst after they have been unable to get their money out of Full Tilt Poker. Poker winnings should ideally have been available to players, but this has not been the case. The concept of Ponzi fraud - or a pyramid scheme - effectively promises a high return on investment in a short period of time. However the funding is never invested and a great deal of the money is pocketed. In the case of FTP, the funds from player accounts were used to pay salaries and related expenses to administrators and operators. And there was no intention to pay it back. What's Really Going On? FTP is alleged to have created hundreds of fake accounts via payment processors and used players money in the name of purchases of golf balls and jewelry. However the scandal ran deep in an attempt to hide the transfer of money to the online poker room. FTP also leveled accusations against Absolute Poker and PokerStars, with Ponzi allegations. The US DoJ and the FBI subsequently closed all three sites, pending further investigations. FTP is accused of lying to players by stating that their funds were waiting to be released - which was apparently not the case. Instead, player funds were used to pay the salaries and other related expenses of FTP employees. Figures suggest that $440 million was 'stolen' from players between April 2008 and April 2011. Even Phil Ivey - one of the most credible names in poker - filed a civil suit against FTP to the tune of $150 million, claiming that being involved with FTP has soiled his reputation. The Verdict The company currently holds cash reserves of $6 million while it owes players a massive $300 million plus. The basic math translates into a chilling reality: FTP lied to players and swindled them out of their winnings and deposits.

15% Live Roulette Cashback On Rugby World Cup

The Rugby World Cup is always a fantastic month of action for sport fanatics, but now there is extra incentive to stay informed of the action, with Ladbrokes Casino offering 15% on cashback when you watch England's group games. 15% cashback - it's try time! To qualify for this once every four years online casino promotion opportunity, just fill out a claim form on the Ladbrokes Casino website, make a fresh deposit of £200 (or currency equivalent) and then make sure to play live roulette on any of the days England is in action. The wearers of the red rose have already been in action, twice defeating Argentina and Georgia, but there are more chances to take advantage of this opportunity in the group stages: against Romania on Saturday September 24 and arch-rivals Scotland on Saturday October 1. You'll receive 10% cashback on your total losses over £200, but if England wins (and they probably will), you receive an extra 5% cashback. Other exciting promos There are a heap of other exciting roulette-themed promotions and bonuses at Ladbrokes Casino these days, so check them out. The new multi-wheel roulette has just been launched, and it looks fantastic. Another great event is the live casino roulette happy hours, which promise £25 in live roulette playing money every Wednesday.

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