Justice Department Decision May Indicate Big Changes For Internet Poker Players

In a really shocking move, the United States Department of Justice has clarified its stance on online gambling. The legal opinion was issued on Friday just before Christmas, but the original decision was made back in September. The ruling came in response to a request by Senators Harry Reid and Jon Kyl for the Department of Justice to explain its position. Two other states, Illinois and New York, also wanted clarification regarding the Wire Act of 1961, one of the major laws used by the Department of Justice in pursuit of online gambling and poker regulation.
The opinion reverses the Justice Departments previous stance that all types of gambling online are illegal, but stops short of proclaiming that the Justice Department looks to set regulations for a national online gambling system. The Department of Justice says the new policy “differs from the department’s previous interpretation of the Wire Act, (but) it reflects the department’s position in Congressional testimony during the time the Wire Act was passed in 1961.” The new decision by the Department of Justice says that the Wire Act only focuses on sports betting and not casino or poker offerings.
Several states may take advantage of this decision to introduce new lottery games inside their borders. The new position does bring the possibility of individual states or a number of states banding together to allow online poker to make a comeback in America.
There is the chance that several states could group together to make an online poker offering more appealing. Very similar to multi-state lotteries like PowerBall and Mega Millions plus some interstate horse racing, a multi-state online poker offering would offer the traffic required to drive big revenues.
Which states are situated to take advantage of the new ruling? Nevada recently passed legislation that would allow for companies to offer an intrastate online poker offering to its citizens. Earlier this month, the Nevada gambling Control Board announced that six companies have applied for licenses, but were holding off until the federal government released a stance. The District of Columbia has long delayed plans to offer online poker to its residents. The latest decision by the Department of Justice could lead the way for that plan to actually come to fruition. Other states, such as Iowa, New Jersey, California and Florida, have considered online poker regulation for its citizens, but previous bills have either been rejected or were tabled with the federal government’s opposition to internet gambling.
Proponents of legalized gambling online say the business could provide new options for revenue for states. But others, including big casino interests, prefer a national system limited to online poker, say that the free-flowing nature of the Internet is ill-suited for state gambling plans, which will attempt to limit online gambling to within a given state’s borders.

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5Dimes is the industry leader in Postseason MLB wagering

MLB Championship wagering has never been more exciting! 5Dimes sportsbook has an incredible selection on this year’s series.Choose from series prices, alt-run lines, 5-inning lines, Reduced Juice lines, Live In-Play options and so much more.

Throughout the playoffs there will be a huge selection of unique props nightly. Props include odds on the first run, totals for hits + runs + errors and total base matchups.

And of course, overnight nickel lines (-102/-103 style pricing) will also be available nightly until 8:00am ET throughout the remainder of the Postseason.

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What Is A Halftime Line Is And The Ways To Play It

When you’re experienced with the idea of pointspreads and betting lines, the standard basis for sports wagering around the world, then you will have no trouble with halftime lines. Over the last 5 years, the demand for additional wagering options rather than the standard side and total for the complete game have become a need for both bettors and sportsbooks. One of the options is betting on games at halftime, after the first half has been played. The sportsbooks offer a line based entirely on action that occurs in the 2nd half. You need to understand the concept that halftime lines are not for the complete game they are only for the action occurring after halftime that count for their wager.

The single handiest function of halftime betting is the chance to hedge your initial bet with the potential for winning both wagers. For anyone unfamiliar with this concept lets explain. To ‘hedge’ a bet actually means to take a position in contrast to your initial wager in order to limit your risk and potentially maximizing your profit. The function of this is to secure some profit when the outcome of the game remains a question mark, or, should you not like the direction that the game is headed, you can ‘lay off’ some or all your bet while the game is in progress. You can view hedging as a form of bettors insurance – it costs you something, but it increases probabilities of return.

The idea of ‘Middling’ is to win with bets on both sides in the same game, without any risk involved whatsoever, this is a bettors dream and a bookies nightmare. A middling opportunity minimizes risk while maximizing potential profit.

There are numerous other possibilities using a halftime wager besides simply hedging your original bet or looking for a middling opportunity. One possibility is increasing or doubling up the size of your original wager. Now you could make an additional bet at halftime based on your added knowledge of having seen the first half. Another posibility is the halftime only bet. This implies to not bet the first half so that you can gain enough knowledge in the half to have a distint advantage in the second half. This is a very effective way to bet and is becoming the most popular option of the possibilities above.