11/29/06

Permalink 07:32:17 pm, by holdem Email , 3918 words, 3026 views   English (US)
Categories: Announcements [A]

Unlawful Internet Gambling Enforcement Act of 2006

UNLAWFUL INTERNET GAMBLING ENFORCEMENT
This title may be cited as the: Unlawful Internet Gambling Enforcement Act of 2006

SEC. 802.
PROHIBITION ON ACCEPTANCE OF ANY PAYMENT INSTRUMENT FOR UNLAWFUL INTERNET GAMBLING.
(a) IN GENERAL.—Chapter 53 of title 31, United States Code, is amended by adding at the end the following:
SUBCHAPTER IV
PROHIBITION ON FUNDING OF UNLAWFUL INTERNET GAMBLING
§ 5361. Congressional findings and purpose
(a) FINDINGS.
Congress finds the following:
(1) Internet gambling is primarily funded through personal use of payment system instruments, credit cards, and wire transfers.
(2) The National Gambling Impact Study Commission in 1999 recommended the passage of legislation to prohibit wire transfers to Internet gambling sites or the banks which represent such sites.
(3) Internet gambling is a growing cause of debt collection problems for insured depository institutions and the consumer credit industry.
(4) New mechanisms for enforcing gambling laws on the Internet are necessary because traditional law enforcement mechanisms are often inadequate for enforcing gambling prohibitions or regulations on the Internet, especially where such gambling crosses State or national borders.
(b) RULE OF CONSTRUCTION.
NO provision of this subchapter shall be construed as altering, limiting, or extending any Federal or State law or Tribal-State compact prohibiting, permitting, or regulating gambling within the United States.

§ 5362. Definitions
In this subchapter:
(1 ) BET OR WAGER.
The term 'bet or wager'—
(A) means the staking or risking by any person of something of value upon the outcome of a contest of others, a sporting event, or a game subject to chance, upon an agreement or understanding that the person or another person will receive something of value in the event of a certain outcome;
(B) includes the purchase of a chance or opportunity to win a lottery or other prize (which opportunity to win is predominantly subject to chance);
(C) includes any scheme of a type described in section 3702 of title 28;
(D) includes any instructions or information pertaining to the establishment or movement of funds by the bettor or customer in, to, or from an account with the business of betting or wagering; and
(E) does not include-
(i) any activity governed by the securities laws (as that term is defined in section 3(a)(47) of the Securities Exchange Act of 1934 for the purchase or sale of securities (as that term is defined in section 3(a)(10) of that Act);
(ii) any transaction conducted on or subject to the rules of a registered entity or exempt board of trade under the Commodity Exchange Act;
(iii) any over-the-counter derivative instrument;
(iv) any other transaction that
(I) is excluded or exempt from regulation under the Commodity Exchange Act; or
(II) is exempt from State gaming or bucket shop laws under section 12(e) of the Commodity Exchange Act or section 28(a) of the Securities Exchange Act of 1934;
(v) any contract of indemnity or guarantee;
(vi) any contract for insurance;
(vii) any deposit or other transaction with an insured depository institution;
(viii) participation in any game or contest in which participants do not stake or risk anything of value other than
(I) personal efforts of the participants in playing the game or contest or obtaining access to the Internet; or
(II) points or credits that the sponsor of the game or contest provides to participants free of charge and that can be used or redeemed only for participation in games or contests offered by the sponsor; or
(ix) participation in any fantasy or simulation sports game or educational game or contest in which (if the game or contest involves a team or teams) no fantasy or simulation sports team is based on the current membership of an actual team that is a member of an amateur or professional sports organization (as those terms are defined in section 3701 of title 28) and that meets the following conditions:
(I) All prizes and awards offered to winning participants are established and made known to the participants in advance of the game or contest and their value is not determined by the number of participants or the amount of any fees paid by those participants.
(II) All winning outcomes reflect the relative knowledge and skill of the participants and are determined predominantly by accumulated statistical results of the performance of individuals (athletes in the case of sports events) in multiple real-world sporting or other events.
(III) No winning outcome is based
(aa) on the score, pointspread, or any performance or performances of any single real world team or any combination of such teams; or
(bb) solely on any single performance of an individual athlete in any single real-world sporting or other event.

(2) BUSINESS OF BETTING OR WAGERING.
The term 'business of betting or wagering' does not include the activities of a financial transaction provider, or any interactive computer service or telecommunications service.

(3) DESIGNATED PAYMENT SYSTEM.
The term 'designated payment system' means any system utilized by a financial transaction provider that the Secretary and the Board of Governors of the Federal Reserve System, in consultation with the Attorney General, jointly determine, by regulation or order, could be utilized in connection with, or to facilitate, any restricted transaction.

(4) FINANCIAL TRANSACTION PROVIDER.
The term 'financial transaction provider' means a creditor, credit card issuer, financial institution, operator of a terminal at which an electronic fund transfer may be initiated, money transmitting business, or international, national, regional, or local payment network utilized to effect a credit transaction, electronic fund transfer, stored value product transaction, or money transmitting service, or a participant in such network, or other participant in a designated payment system.

(5) INTERNET.
The term 'Internet' means the international computer network of interoperable packet switched data networks.

(6) INTERACTIVE COMPUTER SERVICE.
The term 'interactive computer service' has the meaning given the term in section 230(f) of the Communications Act of 1934 (47 U.S.C. 230(f)).

(7) RESTRICTED TRANSACTION.
The term 'restricted transaction' means any transaction or transmittal involving any credit, funds, instrument, or proceeds described in any paragraph of section 5363 which the recipient is prohibited from accepting under section 5363.

=> Read more!

11/20/06

Permalink 07:42:12 pm, by holdem Email , 126 words, 2891 views   English (US)
Categories: Announcements [A]

Texas Holdem Poker Terms

Position
Where you sit at the poker table. The dealer has the best position because he bets last and therefore has a better understanding of what other people have in their hand. The small blind has the worst position because he goes first.

Button
At most casinos, the players themselves do not deal the cards. Therefore, a button is used to indicate who is in the dealer's seat. Except in the preflop round, the player who is on the button acts last in a round of betting.

Outs
Cards that can improve your hand. If the flop is QJ2 and you have 10 9, you want a king or an eight to complete your straight. There are 4 kings and 4 eights in the deck, so you have 8 total outs.

Permalink 03:33:57 pm, by holdem Email , 74 words, 2886 views   English (US)
Categories: Announcements [A]

Texas Holdem Sit and Go Tournaments

Sit and Go is a type of tournament. This means that there is a pre-selected amount of player spots available. Once enough people have registered to fill these spots, the tournament begins.

Most often, a sit and go tournament is a single-table tournament. This means that once ten people register for the tournament, the tournament commences. Sit and go tournaments are very popular online, but they are somewhat rare in brick and mortar casinos.

11/07/06

Permalink 02:17:10 pm, by holdem Email , 237 words, 2926 views   English (US)
Categories: Announcements [A]

Hewlett Packard inkjet cartridges

Inkjet printers are great tools for any office. After many hundreds of pages, you will need to replace the color inkjet cartridge or the black inkjet cartridge. Have you ever bought inkjet printer cartridges? Hewlett Packard inkjet cartridges for your own business or your employer can be very expensive. It doesn't really matter what industry your business is in, you've probably got reams of reports, announcements, invoices and other paperwork that you have to print regularly.

The end result of this constant stream of printing is that you have to replace the ink in one or more of your Hewlett Packard printers on an ongoing basis. This can send your monthly office supplies expenses through the roof, particularly if you buy your Hewlett Packard ink cartridges from your local office supply store. If you do a lot of printing, you can save quite a bit of money by ordering your ink online instead.

Online ink retailers generally save you money in 2 ways. First, the "branded" ink from your printer manufacturer is usually less expensive. Online merchants don't have the same overhead as a traditional "bricks and mortar" store, and they pass that savings on to you in lower prices. They're counting on the fact that they'll make up the difference in volume. I found a source that refills your Hewlett Packard Inkjet cartridges at a very reasonable price. JetPakusa.com provides refill for other manufactures as well.

10/31/06

Permalink 08:58:50 am, by holdem Email , 463 words, 136 views   English (US)
Categories: Texas Holdem Strategy, Texas Holdem Secrets

Beginners guide to Texas Holdem

Beginners guide to Texas Hold'em

Here is a quick overview of a fun and exciting game of poker:

1. The betting structure can vary, but most games start with two players placing out a predetermined amount of money so there is an initial amount to play for. This is called posting the blinds. These players are the two to the left of the dealer. These blinds are called the small and big. The large blind is generally one half of the big blind.

2. A deck of 52 cards is used for Texas Hold'em with a minimum of 2 players with the maximum player count of 11.

3. Each player is dealt two cards face down. These are called your hole or pocket cards. odds chart

4. The first round of betting starts with the player left of the posted the blinds. This betting round is usually referred to by the term pre-flop.

5. The amount betted depends on what kind of game it is.

6. Much like most games of poker, players can check, raise, or fold.

7. After the betting round ends, the dealer discards the top card of the deck. This is called a burn card. This is done to prevent cheating.

8. The dealer then flips the next three cards face up on the table. These cards are called the flop. These are communal cards that anyone can use in combination with their two pocket cards to form a poker hand (best of 5).

9. There is another round of betting starting with the player to the left of the dealer.

10. After the betting concludes, the dealer burns another card and flips one more onto the table. This is called the turn card. Players can use this sixth card now to form a five card poker hand.

11. The player to the left of the dealer begins another round of betting. Most games will double the blind amount for the minimum bet.

12. Finally, the dealer burns a card and places a final card face up on the table. This is called the river. Players can now use any of the five cards on the table or the two cards in their pocket to form a five card poker hand.

13. There is one final round of betting starting with the player to the left of the dealer.

14. After that, all of the players remaining in the game begin to reveal their hands. This begins with the player to the left of the last player to call. It's called the showdown.

15. The player who shows the best hand wins! There are cases where players with equal hands share the winnings.

It's difficult to learn to play Texas Hold'em in the traditional setting of a casino's poker room without losing to experienced gamblers. Thankfully, you can practice all you want for free with online poker rooms.

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Draw Texas Holdem

Draw Texas Holdem - Play the game.

Providing a portal to learn, play and inprove your play of Texas Hold'em

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