Virtual Sports Betting: Ultimate Guide to Virtual Sports

How do you cash a huge sports bet payout at a casino? Do they wire you the money once it reaches a certain amount? How does the entire process work when it is such a large sum?

submitted by DOF79 to sportsbetting [link] [comments]

DKNG - Fundamental DD Inside - DKNG

This is an example of fundamental DD that takes place at ‘smart’ money institutions based on my professional experience in IBD, Private Equity & most recently at a HF (mods can message me for proof). Not thoroughly fleshed out b/c you autists have limited attention spans, but a summary. Figured I’d take the time to give back to this community that has provided many lolz, & should be a good measuring stick when evaluating other forms of fundamental DD posted here.
NFA.
DKNG - DraftKings, Inc.: vertically integrated US mobile betting operator that also provides retail sports betting & back-end betting solutions through SBTech. Think of SBTech as the tech ‘market-maker’ for traditional sports betting, they do all the funny math to set the betting odds & seem to be working on back-end solutions for DKNG Casino
The Big Picture
Only ~2% of the ~$90Bn gambling revenues were placed online which is the lowest in the world where betting online is legal. For example, in other countries online gaming activity represents ~6% - ~52% of total gambling revenues, with ~12% being the average.
Wall Street expects online gaming revenue to be $20Bn-$40Bn within the next 10 years. For this to be achieved, the online gambling market will have to achieve a ~30% penetration rate on total country gaming revenues. There is an expectation that this is could be easily achievable given penetration trends overseas - see page 11 of this: https://s1.rationalcdn.com/vendors/stars-group/documents/presentations/TSG-Investor-Day_March-27-2019.pdf
Other catalysts include increasing adaptation of sports betting in more states. States that have both legal sports betting + online sports betting permitted: NV, NJ, WV, PA, IA. Sports betting permitted but no online: DE, MS, RI, MO, AR. Prior to COVID there was ongoing discussions across many States, especially ones with growing deficits to explore how permitting sports betting could create a fresh avenue of tax dollars. Post COVID there is an expectation that these discussions will be given extra focus as many States will be hungry for incremental tax dollars. Important to note that currently 43/50 States allow DFS, but given the small share DFS has on total Gaming Revenues, it increasingly looks like DKNG is banking on traditional sports betting for a variety of reasons, more later. There are entire articles on Google arguing this catalyst so I’ll end this here.
Digging Deeper
DKNG’s main offerings are Daily Fantasy Sports (“DFS”) products & traditional sports book products to its clients. Long story short, a metric to look for in my opinion (that is curiously not reported by management or remarked on) is the hold % in traditional gaming sector parlance or the ‘rake’ & compare it to the ‘traditional’ gaming products like sports betting & Blackjack.
For DFS: DKNG takes ~15% of the prize pool (note: used to be ~6-11% [2]). Curiously, their main competitor FanDuel also has moved up to a ~15% rake recently. Google searches show the smaller competitors have a rake in the ~13% range.
This ‘rake’ has grown ~2x in 6 years, but it has been a delicate move on behalf of management. Why? B/c the more ‘sophisticated’ DFS players (equal to autistic day traders on Robinhood) have noted this increase & based on some Googling, some have moved down market to the smaller players. As a side note, many live casino games have their rules altered to grow the Hold %. For example, Blackjack games with 6:5 payouts on 21 have materially higher Hold % than the traditional BJ rules that pay out 3:2. Given the findings so far, DKNG may not have much room to materially increase its hold % in DFS games in the near-term from current of 15%. More on this later.
Now why the fuck is this important? This is important b/c the typical sports book (ex-Parlays) have a ~5% hold %/rake. Parlays have up to a ~30% hold (which is why it’s commonly known as the sucker’s bet), & just for reference, the average Blackjack table clocks in 14.5%. What this means: Every dollar put into these games, the “House” or DKNG, will take 15% of your money for DFS games, for sports bets they will be pocketing ~5%, up to ~30% if you’re into parlays, & we’ll just use the standard 14.5% BJ hold for the DraftKings Casino platform.
So why the acquisition of SBTech & a foray into the traditional sports gambling market? As you can see previously, the illegal sports betting market is >30x the size of the current daily fantasy sports market. So it’s clear that the DFS providers including DKNG are foraying into the space to capture this user base & hopefully convert them into games that have a higher hold %, such as DFS/DKNG Casino.
As of May 2020, DKNG has achieved a 30% penetration rate on its ~4mm ‘monetized’ DFS clientele to its Online Sports Book (OSB), from the OSB+DFS clientele, DKNG has converted 50% into its DraftKings Casino platform.
Including non-monetized users, user base totals at 12mm. Based on these unit economics: every 1mm of additional users -> 333k monetized users for DFS -> 100k users for OSB -> 50k users for DraftKings Casino.
Some Numbers – Italicized/Bolded the important
Numbers that represent Risks to Long Thesis
Things to look for when going Long
- Progress of additional States legalizing sports betting – specifically, States with DFS already legalized
- Cost structure evolving to a more fixed mix vs. the mostly variable mix currently as this will be the forward figure that determines profitability
- Increasing User Base (Curr.: 12mm) -> Monetized Base (Curr.: 4mm) -> MUP (1Q’20: 0.7mm)
Share Price Target
Given the cost structure of the company, I’m going to base the price targets around Enterprise Value / Revenues (driven by MUPs & ARPUs).
Bear Case MUP: 5mm -> $20.32 - $45.73
Base Case MUP: 5.5mm -> $22.27 - $50.10
Bull Case MUP: 6mm -> $24.21 - $54.47
These MUPs imply a monetized customer base of 28mm – 33mm. At the high-end, this implies that DKNG monetized customer base will equal MGM’s current total user base.
At yesterday’s close of $43.70, DKNG is trading at 3.5x – 4.5x forward Revenues on an expected >5,000 MUPs.
Share Price drivers / considerations:
- Continued multiple expansion
- MUP Growth exceeding beyond targets
Management Team
Jason Robins, 39 – Co-Founder & CEO. Duke BA, started DraftKings from day 1 in 2011. The 2 other buddies he started the Company with are still at DKNG. Dude navigated the Company through the scandal that rocked them in ’15 & ’16, and was the trailblazer in getting DFS labeled as a non-gambling product that enabled it to open in States without a gaming designation. This shit is the stuff that gets people in history books. His accomplishments make him seem like a very competent guy. Has 3 kids now, and only ~3% economic ownership in DKNG but has 90% of the voting power through his Class B share ownership. Also he actively participates in venture investments, sitting on 10 boards.
His comp plan performance bonus target is pretty murky, but main drivers are EPS growth, revenue growth, then a bunch of margin & return metrics, along with share price returns. Overall, very open-ended & it’s safe to say as long as shit doesn’t hit the fan, he will be eligible for his max payouts year over year. I’m assuming the lawyers tried to encompass everything possible for maximum flexibility to justify him earning his max comp as long as DKNG is still around.
Since he’s got voting control of 90%, I’ll end the specific-person overview here, but want to note that they have a very bloated C-suite. 12 folks at DKNG, 8 folks at SBTech, all with C-suite designations. Whereas their main competitor FanDuel, has 3 guys with a C-suite designations & 1 EVP, but is a sub under a larger ParentCo that has its own management team of ~5 guys.
Looking through glassdoor you can see the biggest complaint among employees giving bad reviews is based on management, all of the specific issues they point out IMO are a result of a top-heavy company. Seems like a good starting point to optimize their cost structure, but given Robins' history of sticking this entire thing through with his co-founders since '11 stuff like this doesn't seem to be a part of his playbook. They’re a public company now though, so it’s going to be interesting to see going forward.
TL;DR:
If I were to initiate a position in DKNG, the stock would have to fall to the $35-$37 range for me to be a buyer of the stock, and based on this rough intro analysis I'll be considering Put options if it breaches $50. I would not touch Calls at this level.

[1] Susquehanna Research – U.S. Online Gambling 6/27/19
[2] https://rotogrinders.com/articles/bang-for-your-buck-a-look-at-dfs-industry-rake-153302
[3] https://draftkings.gcs-web.com/static-files/8f3a5c5a-7228-45bf-aab2-63604111c48d
[4] Goldman Sachs Research – DKNG Initiation 5/19/20
[5]https://www.gamasutra.com/view/news/223071/Dont_monetize_like_League_of_Legends_consultant_says.php
[6] https://rotogrinders.com/threads/how-many-people-actually-play-dfs-regularly-252044
submitted by IAMB4TMAN to wallstreetbets [link] [comments]

Psycho Betting and Stats 301-Degenalytics Question

!!!!DISCLAIMER:!!!!
Before you even start watching this for entertainment and see if you get offended by this un-P.C. content. Don't be a pussy.
https://www.youtube.com/watch?v=Igsb3ejgbL8
If you can't handle it, leave this thread. If you can, then you may proceed to the next level.
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📰📜Story📜📰:
I've been scatter-brained, ire-filled, soul-searching and lost after a 7-day Degen Marathon that brought a shit load of misfortunes. I used to hate social media, but I've learned how to wield the soc. med. sword like a fucking Degen Jedi. I'm going to promote an honest cause where I seek to be victorious in the end. Just you watch you fucking doubters, haters, blockers, scammers. How much grit and intellect would the average fucking person have to endure what I've gone through in the last fucking 48 hours and still come out alive with a sense of greater purpose?
Had about $400 to $500 in righteously earned bonus dollars earned through impossible grinding degen mission that came pretty close to accomplishing (91%).
I would have had some imaginary >$600 BR by now, but instead the roll-over deadline caused the entire deposit to be forfeited and I manage to salvage some $100.
Due to a bonus rollover scheme, 80U of my balance was stuck in bonuses and if I fail to accomplish the roll-over by the deadline, it all gets forfeited.
With a $500-$600 balance, I could have somewhere at $900-1000 by now after a 20-2 W-L record on European football on Wednesday.
How did I get that record yesterday, by sampling a bunch of solid pre-game picks and live betting using my own fucking brain. I consult with the finest in capping. With $10-$20 bet sizes, That would have put me up maybe $15x16 = +$240 at minimum. $1000 was the imaginary bank roll. As of today, betting with $1 units, after Monday-Wednesday's successful run, while Tuesday was a -$50 blip, I converted $100 to about close to $200 (40U).
🤪🤑Psycho Betting🤑🤪:
I learned the art of psycho betting. Taking some well-advised 10U and 30U psycho bets that put my bankroll up a significant amounts, but a big loss does the opposite. Yesterday I manage to hit 4 grand 30U slams in a row, however many on juiced lines, so each $30 bet one returns about $15-20. Thus my bankroll grew nearly +100 units and sits close to $200 from the initial $100 I manage to salvage after that bonus robbery.
If you want to fucking learn the art of Psycho-Betting to the extremest and be successful at it, fucking put in $100 in Bovada (remember to use money that you can afford to lose) and get that fucking bonus for the purpose of looting the bookies in a successful vengeance scheme. This guy is a fucking Artillery: https://twitter.com/GoTimeCappers.
Fucking hit more than 4x30U grand slams yesterday and some 10-20U cherries on top. I tailed his free picks and other through consultation [Haha fucking reddit/sportsbook will probably ban me for promoting another tout, :)].Of course with my $1.5U size on a crippled bank roll, I cannot grow it to as much as I wanted to using GoTime's techniques. I would have been at another +$400 if I had $6 units. It's a high risk and high reward system, but if you are confident with your picks you go big on it. If you lose it, then you grind back with smaller 10U and 20U bets to try to get back to part to be able to do another 30U bet. The goal is to be like 2-1, 3-0 on 30U grand slams a day. There is some level of sustainability and back up plans to execute in case the 30U bet did not work out. It is very improbable for you to lose 10 in a row on well researched picks that the experts in the community have common agreement on. A lot of the times, the lines shift to reward you less for the pick since big money is already on the pick.
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!!!!!DISCLAIMER: DO NOT READ BEYOND HERE IF YOU HATE MATH OR HAVE AN IQ OF < 89!!!!!
Use the chart on: https://en.wikipedia.org/wiki/IQ_classification
Here is a Nice Calculation to do:
📚📑💻Stats 301 Question in Degenalytics💻📑📚**:**
Lastly I asked anyone in the past few days to do a Stats 301 question with Degenalytics Context: To fucking determine the probability that an avg Joe with a $100+100 Bonus Bank-roll or $500 + 250B bank roll can actually pull off the $3000/$7500 grind in some number of N months betting with supposedly 2 full months of real sports (N-2) getting Obliterated by COVID-19. I want you to give me an analytical calculation or a simulation of your work and give me all the possible scenarios.
Then give the final verdict of if that number converges to 0.000% or 100.00% that the average Joe would succeed his false-hope mission for a successful rollover.
In other words think of it like this: If the average joe bets his entire bank roll 12 or more times (roll-over is not x10 because of bookie juice), what is the probability that he will still end up in the green? Also assign a tilt probability factor that the Average Joe would go on some emotional tilt spree to end up bust again? And make it even harder by eliminating 2-3 full months of real sports (N-2.5) and having to bet on Bovada's limited shitty ass lines and shitty live odds.
If you fucking want to eliminate the -2.5 months, then allow the average joe the freedom to bet on N months of e-sports [hahah] and see where that goes.
I had a bad experience betting on e-sports for 2 months and only end up -15-20U. I'm not saying that I lost because I suck at e-sports betting or I tailed the wrong people. The Bovada lines are super shitty and limited. Most of the time, on live esports, all you see are dashed out lines as if they fucking know what the rigged result is and prevent people from doing hedge bets or try to bet opposite spreads when they are winning to guarantee an insurance 1-1 with minimal damage incurred to their bank-roll. The live betting experience on e-sports on the Bovada platform is so bad that you are guaranteed to lose in the long run. Fucking hell Bodog/Bovada even offered me a $250 deposit on 100% bonus after the Rudy Gobert day in Mid March. They advertised the joys and wonders of getting rich betting off esports.
I was so tempted to deposit, however I kind of over-slept and missed out on the dead-line so they closed the bonus offer. Pretty good relief that I did not fuck-up my real credit card and bank account by falling for that scam again. It was an accidental Grace of God moment to fucking avoid that E-sports deposit marketing scam.
BONUS Questions:
A: Calculate the number of months needed and number of successful bets required for the conservative degen 1u bettor to grind out the roll-over playing
$2.00 tug of war with the bookie.
B: Calculate the odds that a professional capper who knows how to adjust unit sizes (1u-5u), do parlays once a while, will succeed the roll-over in some
N-2.5 months or add some e-sports to have fun to keep the N factor.
C.1: Calculate the conditional probabilities for the bettor succeeding in the mission if on the first few days of betting:
i) He loses bet 1 for about $20.
ii) Wins bet 1 for about $20 to earn $17.5.
iii) Goes on a 3 game losing streak
iv) 5 game losing streak
v) Positivity case: The guy got lucky and nearly doubled his bank roll on a decent run from day. Up +100U or $200. [I'm sure that out of bad discipline the average Joe would still go -200U in the long run with a pretty high probability.]
C.2: Determine the mathematical scheme on how the Bookies can use your first few losses to eventually put you in a 60+:40- (Greater than 60% locked in bonus, less than 40% of your deposited money). Bonus:Locked funds ratio.
The Jinx-King answer: It converges to zero [hahaha], but I really am interested in know what other scenarios math and stats people have come up. And your mathematical approaches and formulae used to generate possible scenarios and probabilities. But I think it is safe to say that for the average Joe,the answer is 0.00% success rate. Bodog/Bovada knows this exactly and refuses to put a hiatus on the roll-over deadline. Instead they keep it going so that people can try to wager on e-sports and lose their entire bank roll. They are only interested it getting 100% of your locked funds so that they can buy expensive cruises, yachts, beach mansions, resort packages, etc in Aruba or some other tropical place. Where you got millions of desperate Americans, Canadians in struggling economies with lost jobs and zero positive cash-flow. About 10% or so or perhaps even more deposit money into off-shore gambling websites hoping they can roll-over their bank-roll some ridiculous number of times and make a few bucks to put food on the table.
In fact, it makes matters worst being jobless, having zero cash flow and having locked funds in scamming bookies. If you are not good at casino or sports-betting games, you would have:
A: Lose your entire deposit for failing to grind it out properly.
B: Not grind it out on time on whatever dead-line the roll-over was.
C: Even if you did successfully grind that shit out using conservative 1u betting and play $2 tug of war with the bookie, you will end up just wasting your time grinding it out for hours and hours on end. It would have been better for you to fucking find a job at some farm helping out with harvesting crops or work in meat plants so that food does not go to waste. I bet you I can make more money than your $2 tug of war in one a day picking off cans and bottles off the streets in some exercise walking/running/biking + collection routine then selling it to the recycling center for $0.05-0.25 a unit. Trust me at my university, I spot maybe about 50-200 empty/partially driven cans and bottles left on desks, lecture halls, the floor, libraries, work areas, etc. Supposed that I harvested that shit, I would be making $5-$20 a day collecting it all and going to the recycling center once every week.
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⚖Conclusions⚖:
The fucking company knows this COVID-19 closure shit and want to use it to their advantage to continue to rob millions of their customers. Last week, I tried to call customer service, chat help, email, etc. and management has spoken to plead my case to delay the roll-over dead-line in a pro-rated time frame so that customers with locked balances can resume betting with their full balance when Game 1 of any Major League Sport actually returns. They give me the same bull-shit over and over saying they decline my request. For what reason?
  1. The terms and conditions written in fine print for accepting the bonus conversion challenge. "Rules are Rules."
  2. They were aware my deadline of June 22 at 19:23 ET was approaching soon. They knew I was on a mission to salvage my bank roll before they yank out the 60-75U trapped in bonus balances (i.e. Ghost money). By the end of it, I realize I made a foolish mistake. Most of my wins were just from bonus money and I was rewarded $0.00 on righteous wins on expired bonuses.
Therefore Bonus money only earns bonus money which put my entire bank-roll in a 80:20 ratio where the bookies control 80U in ghost money. By the end of the roll-over deadline, they get to yank out 80U of my balance at the deadline and left me with about $100 (20U) bank roll to regrind.
  1. They knew I was winning consistently making solid picks.
During my 110 hour marathon over the brutal grind of losing more than 70 hours of work, leisure and recreation; 35 hours of sleep; to a fucking impossible grind of trying to roll over some 60% of $7500 on sports I have little knowledge of capping (i.e. E-sports, Table Tennis, European football) after a few days of studying the game, I was picking up my stride to grind it to 91%. They fucking knew that if I had another day to grind, they would be coughing up +$600-800 of withdrawable balance to my account.
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Bio:😎📚🎓👨‍🎓
I am a Fucking PHD Candidate (2-6 months from graduating and not having to pay another round of BS tuition) who does a shitload of mathematics, statistics, simulations, mathematical physics, wrote scientific papers. I've won T.A. Awards, Government/Provincial/Institutional level scholarships, Conference presentations, with even Undergrad honors back in the day. DM me if you need a fucking CV to prove my fucking credentials.
Why am I able to write a lot of shit? Because my fucking brain operates on some max level Intel Xeon chip on overclock mode and I cannot do much to shut it down other than going to sleep. They only way is to write articles that I think might benefit the community.
I have a crazy interest in sports and Degen'ing. I love to fucking put action on sports games, be proud about making the correct calls on the outcome of games before it happens, and then boast to my circle of competitive friends about who's the fucking Boss. As tabboo as society think us degens are, I think this absolute BS. There is a pure enjoyment in watching sports and having action on it. It is nice to get paid beer money to cover a round for your buddies, or earn that rent money over a successful night of betting on shit you actually enjoy watching. Fuck I rather make $300 for one evening of enjoying sports rather than working a 9-5 dull job to try to afford rent/mortgage. If I can fucking pay off all my monthly expenses in 3 fucking successful nights of 3 hr sessions of sports matches, that would be ideal. I would take the lather over a 9-5 rat-race grind.
Overall I am "PRO" in the debate for local single sports betting bookies to be established in Canada. Get these fucking scamming off-shore books like bodog/Bovada who contribute only contribute "Bagel" to the Canadian Economy, but instead make it worst by scamming the masses of hard working or desperate people to leak out some sum of billions of dollars of national GDP. Probably the same applies to all American States, that people should not have to cough up their hard earned $$$$ to off-shore scamming bookies. I shall write an article about this later to justify my arguments later.
Ultimately I my goal is to obliterate or negate the influence of all the cons, scamming bookies, and false touts out there who are just interested in stealing people's $$$. To write out full studies on exposing their schemes in an objective lens.
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Calling me out: (Think I cannot track these pussy downvotes? I know you cowards 😂😜😎)
If you think I'm full of BS, then send me a personal DM to have a 1v1 argument the same way that Stephen A debates sports with Max Kellerman. You can downvote me or flame me with empty hate talk all you want on public threads. But don't be a fucky pussy by avoiding a debate with me. Trust me, I'm going to win and be the last one to state a real point that you will have no comeback for [haha]. Lastly, if you are open to discuss or debate with me about some issues, do some resarch/exploration, betting strategies, etc., I would love your collaboration in some projects I got going on.
Ultimately, I should help every honest worker strive towards Degen success or if not, just to purely enjoy putting action on sports games. If you are too full of yourself, then you are on your own, I bid thee adieu, and wish you all the best. However you will be absolutely declined to all services and counsel I work to provide to friends for free.
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Social Media📺🎬
Some extra Resource to how I got to this point in my mission.
Here it is for starters:
June 23, 2020: The Impossible Pursuit Reddit/sportsbook/Brag and Bitch (Tuesday)
June 24, 2020: Doubling Bank roll and rewarded Bagel: Reddit/sportsbook/Brag and Bitch (Wednesday)
June 24, 2020: How can you win 5 in a row and lose it all simultaneously? Reddit/sportsbook/What is your most impressive win?
Full Twiiter: https://twitter.com/jinxking0p5
All my media: https://twitter.com/jinxking0p5/media
Discord: ????? To be solved.
Challenges: Got a few right in progress now and a couple of drafts I am working on.
The Jinxking Crusade (In progress): https://twitter.com/jinxking0p5/status/1275516258822131714?s=20
Turns out many people cannot withdraw anything out of Bovada/bodog due to some website glitches. Will try to recover a bankroll to attempt a withdrawal, however I am likely to have the same issues too. They will make some lame excuse to not give me a cheque. Definitely no point of pursuing anything in bovada/bodog if they refuse to give you withdrawables. The goal is to get their website off outta here. As well as get them out of advertisements. They definitely pulled off some "Get the fucking money and run scheme" and you will likely not see your money again. GG
The Jinxking Challenge (In progress): https://twitter.com/jinxking0p5/status/1275661929940467713?s=20
Want to expose a bad tout who over prices the service and has a mediocre record? Tail and fade to call their their BS or mediocre non profiting record out. Also good for finding legitimate winners too. This will be a mission to expose shitty touts on Twitter the way Penn & Teller exposes BS in the market.
submitted by jinxking0p5 to sportsbook [link] [comments]

10 years of gambling addiction comes to a close.

Hello,
I thought I would essentially start my journey by posting here so I can get my thoughts written out in black and white. Ultimately my journey began fairly common to others in the UK. I was 17 years of age starting to become interested in going to football with friends and putting on accumulators mostly multiple £1 bets or the odd £5 ones never spending more than £10-£15 pounds over the course of the weekend. Like most I have the fond memory of winning big and still had the screenshot of it until recently when I moved onto betting online when the gambling apps started coming out thick and fast rather than going into the bookmaker shops themselves. £2.50 I had placed on a 250/1 double and at the age of 18 I thought I had won the lottery I did not gamble all the money away I spent it enjoying myself and going out with friends and continued spending small with gambling.
Not long after this it turned into going to the casino every other weekend for something to eat, drink and of course bet. I remember going with a few friends and one of them was starting with £800 which he had in cash. I had never in my life seen this much money in cash before and was just blown away by it. I cannot even remember on the night if he won or lost money all I can remember is that wad of cash and thinking that is what I want to be like and be able to afford to bet that amount. Long story short of course my friend at the time ended up become extremely addicted to gambling as I realised over the years to come.
Roll on 5 years later I have lost endless amounts of money by throwing away my wages every single day. Gambling online week after week, month after month and in turn year after year. Some of the moments that stick out in my mind were when I would sit up and wait for pay to come into my bank at 02:00am when I had work the next day and it would be lost within an hour or 2, an entire months hard work of getting up 5 times a week doing a job for 8-10 hours a day all gone in usually no time at all. Unfortunately for me this is when the real trouble would start. When this would happen I would instantly turn to payday loans to essentially replace my lost wage to live on for that month. I would usually be fairly good I will still gamble but I would try and keep some for getting through the month regarding transport and food etc. Of course the time would eventually roll round where I would need to pay the high interest loan off and it would be sidelined as I had just been paid and the mentality was I can win the money back, pay off the loan and life would be good back to square one. The reality is, the true meaning of square one is something that no real gambling addict has experienced for years. The average person would be fairly unhappy living pay cheque to pay cheque month after month and having no savings, where as I would bite your hand off to be back in that situation debt free and a clean slate.
Unfortunately for me I was extremely good friends with a very disciplined person who I looked up to for all things gambling, the truth is he was a winner and he used to tell me " A good gambler is judged on how they lose not how they win " If you can lose money and accept it and go to your bed knowing you placed a good bet or even a bad bet and it lost and put it behind you and go again fresh the next day you are doing something right. I on the other hand was the chase your loses type. I could not face losing money and it was either win it back there and then or lose the lot and deal with that instead.
My story I feel is a little different from others because at one point I actually had success where I was not working and quite literally gambling for a living (if you can believe that). I essentially saved up and won money creating a fairly large bankroll. I had a spreadsheet where I documented every bet I placed, unit sizes, odds and all the rest and the truth is it worked. I have been an avid follower of a very niche sport all my life my knowledge is very high regarding that particular sport if you mix that in with when I discovered bookmakers starting to offering odds on it that was that I knew my goal. I had a little group where I would post the picks to and obviously done well from it. I experienced having accounts limited and closed by bookmakers while getting the emails saying " The traders have decided as a business decision we regret to inform you we are closing/limiting your account ". Now when you receive emails like this it does something to your ego, you absolutely know you are hurting their business plan of having a full customer base of losers and they no longer want your business. I began starting buying accounts off friends in order to access specific bookmakers so I could place my bets etc. It was a great time and a very successful one. Sadly it did not last, when I was doing this 95% of my time was spent researching, reviewing footage and genuinely digging for all information I could get. The other 5% was looking for the best available odds and placing my bet. I was much more sensible with my stakes because I had a clear head and a free mind to actually think correctly on what I was doing.
Not long after this I began ultimately spending more money than I was making causing a sort of panic to make more but instead of putting more effort into studying my niche sport which I was consistently winning on and looking for a good spot, I would turn to chance and pure luck. Goals bets in football on any random game inplay, Roulette, Blackjack etc etc etc. I would happily place an £800 spin on roulette yet my maximum bet on my niche sport would be £125. A pick where I would be on the value side with a genuine edge against the bookmaker, a bet where I would be placing it at odds of 6/4(2.50) and the bet would close at 8/11(1.72). Utter madness. I put this down to the state of mind I was in. When I was researching I was not getting drawn in by a gambling website I had my little plan in place and I carried it out. I was on gambling websites briefly to place the bet and then log off. But when I was sat on betting sites looking for a bet it would just completely spiral out of control.
I am currently 27 years old and I feel like I have been gambling CONSTANTLY for almost 10 years, which sadly I ultimately have been. I am in debt and although coming out and admitting it to people who care about me there are still secrets I cannot share regarding money owed out etc. I have decimated my credit score, have registered with almost every bookmaker going and I have closed multiple bank accounts over the years that were absolutely littered with betting transactions. I recently found an old statement from 2012 and it was such a surreal situation thinking what age I was back then and yet my bank statements look identical to this day.
I have not posted this for sympathy or anything like that the main reason for posting today is mainly to help other people and for closure. I always take everything with a pinch of salt online like most do but believe me when I say I have experienced every aspect of gambling. The lowest lows of losing, the highest highs of winning big(lucky), the thrill of being extremely disciplined and focused on making money consistently, closing accounts and saying never ever again to finally having accounts limited as mentioned previously for winning.
The bottom line when it comes to gambling is you just simply CANNOT win over your life time so why are you doing it? You are essentially paying a direct debit throughout your life to all these different betting companies for a bit of dopamine to be released in your brain. I manged to clear my debt and had about £10,000 saved £5,000 bankroll and was on cloud 9 and look where I am at now. I have £100 in my bank for the essentials and about £10,000 in debt just 3 odd years later. I have carried on for so long to try and re-live the dream I thought I had but the hard hitting reality is even when I was doing well I was constantly fighting against being banned from shops and having accounts online limited and closed. Even when you win you cannot win for long so it is pointless. I am a risk taker at heart and can be very impulsive which for a gambler is a non starter. It will NEVER end well if you have these types of traits as you could do well for months or years being disciplined but one day that IMPULSE will burst through your body and overcome and ruin all your hard work.
This might come across like I am bitter about the situation but I am not. I actually feel a real sense of relief typing this up today, usually when I read these sorts of posts from other users and it is day 1 for them for quitting gambling I skip over it because I think yeah, you will be back at it tomorrow or when you next get money, not very supportive but it is the truth none the less for most I feel.
One thing that is happening right now within the gambling industry is safer gambling adverts especially in the UK. I realised that what they are doing is the same as what sugary food product companies done with regards to their food stuffs being deemed unhealthy they were ultimately asked to remove certain products but instead they turned it round as said they would introduce more healthier, lower sugafat alternatives instead which resulted in just adding more of their products to the market. That is EXACTLY what the gambling firms are doing just now they have been told about the harm it is doing and have been told to essentially lower the amount of exposure to children/adults alike with these adverts and their response is not to reduce the amount but to introduce safer gambling when the fun stops, stop adverts just increasing the amount of times their logo appears on your screen through multiple more adverts.
Anyway, I would like to think at least one person reads this and it makes them think twice. Maybe somebody who is 18 and has just began gambling or maybe somebody who is similar ages to myself or even older who can relate to my experience in anyway.
If you have managed to read all of this then well done, If I came across a post browsing on this after a loss and seen it was this length I would not bother, I would skip to the end like my impulsive personality would command me to do which is a little reminder as to why I am posting this in the first place being a compulsive and impatience gambler.
To end on a positive note my gambling journey comes to an end today. I am 27 years old and have been at it from 17 and enough is ultimately enough for me. My new goal has been laid out prior to writing this in regards to avoiding temptation, paying off what I owe and what to do with my wages going forward.
I wish anybody reading this who is struggling all the best and if you have any intention to quit and have stumbled across this sub-reddit then it is time to quit or else you would not be here and you know it. As for anybody who reads through this and still gambles themselves then maybe take a look at what you are doing and if you can honestly look yourself in the mirror and admit you have no problem then great and good luck with what you are doing.
If you want to maybe ask more about my situation in relation to your own, have any questions or are just looking for somebody to listen to your story then feel free to message me.
Thanks,
LD.
submitted by LetniyDozihdik to GamblingAddiction [link] [comments]

Big Double D Tiddies- Selections from the President’s business history and why your puts wont print.

Tl;dr just skip to the last paragraph. Consider this background due diligence because the market is closed.
Most of you retards lack an historical perspective on current events, so I’m writing this to give you the bigger picture on the casino and stock market history of the president. If you’re going to waste money it should be spent on recreational drugs and strippers- it stimulates the economy and probably does less long term damage to your net worth. But since this million retard army persists in making dumb bets, I will give you some background about the President because to most of you, the only Grey Lady you know is your own mother.
On May 8th, 2019, the president tweeted, “You always wanted to show losses for tax purposes. . . . [...] and often re-negotiate with banks, it was sport. Additionally, the very old information put out is a highly inaccurate Fake News hit job!” The leader of the free world bragged about losing money, said it was financially advantageous, said it was fun, and also said it was fake.
[The president had some successes- but no one goes on this sub for incremental or sustainable traditional business wins. So as to not sound biased, I will include some of them. Feel free to skip this part. His first “deal” was a purchase by his father in Trump’s senior year of high school. Purchased for $5.6 million plus half a million in renovations, it sold eight years later for $6.75 million. Result- a racial discrimination lawsuit and a $650,000 profit. In “The Art of the Deal”, the president claimed this was a $6 million profit. In 1970, Paris is Out, a Broadway comedy, lost him $70,000- inflation adjusted about half a million dollars today. In 1971, he was made president of the 14,000 apartment owning company, changed the name to the Trump Organization, and was again sued for racial discrimination. In 1978 he was the agent for Penn Central’s sale of the current Javits Center, for which he was paid a commission, and then became the face of the redevelopment of the Commodore Hotel. A $70 million loan guaranteed by his father and Hyatt Hotels, in addition to $1 million revolving credit from Chase bank, financed the renovation- which obtained a 40 year tax abatement. He then went on to build Trump Plaza, which he sold as individually owned apartments- known as a cooperative, in 1981. In 1986, he successfully renovated Wollman Ice Rink on time and three quarters of a million dollars under budget.]
In 1980 building site preparations began at the Trump Tower location. The previous building had some artistically significant architectural details, which were promised to the Metropolitan Museum of Art, and instead were destroyed. The demolition crew was a group of 200 strong "Polish Brigade" immigrants who worked 12 hour shifts. By using illegal labor, the president was able to avoid contributions to the pension fund and union worker welfare fund- the workers were paid $4-$5 per hour. Details are sealed after 16 years in court. Construction began in 1982 on Trump Plaza in Atlantic City, and in the first six months of opening in 1985, made only $144,000 in profit. In 1986 he bought out his partner, Harrahs, for $70 million. During this time he also purchased Trump Marina (ne Castle) for $325 million; this was the property at which his father bought $3.5 million in casino chips and never used, and which he was fined for making an illegal casino loan. In 1988, he bought the Plaza Hotel in New York for $390 million. He said in The New York Times, "For the first time in my life, I have knowingly made a deal that was not economic – for I can never justify the price I paid, no matter how successful the Plaza becomes." Another $50 million in renovations caused the total debt service to be too expensive; the prepackaged bankruptcy resulted in a $250 million dollar loss for creditors and a lowered interest rate in exchange for 49% of the hotel. Three years later the Saudis would buy a controlling stake.
Trump Plaza Casino followed the same game plan as the Plaza Hotel: he owed $250 million and conducted a prepackaged bankruptcy due to sky high debt service. The bankruptcy converted the $250 million into $300 million longer term debt, then went on to conduct a $42 million dollar expansion in 1993, and a $48 million dollar expansion in 1995. It closed in 2018 and the property was foreclosed on by Carl Ichan.
In 1988, he bought and renovated the Taj Mahal for nearly a billion dollars, financed with junk bonds at 14%. When he couldn’t make the payments, the property was again put into a prepackaged bankruptcy. Ironically, the Taj Mahal may have hastened the downfall of other Trump properties by cannibalizing their customers. In the end, the billion dollar casino was sold to the bankruptcy administrator for $890 million, named “Trump Entertainment Resorts”, itself filing for bankruptcy in 2004, 2009, and 2014.
His casino ventures show a reliable pattern of using other people’s money to buy and build, then forcing investors to take a loss while the prepackaged bankruptcies allowed him to keep the assets and the profits. His supporters might say this is common in the casino industry, which isn't true, but he shows this pattern of behavior in the stock market as well. In 1987, at the height of his casino activity, he started a new scam. “He would acquire shares in a company with borrowed money, suggest publicly that he was contemplating buying enough to become a majority owner, then quietly sell on the resulting rise in the stock price…” Media reports at the time claimed his pump and dump gained $55 million; government documents showed his stake was smaller and profits less than $11 million. This one trick pony would work a few times between 1987 and 1989, including in companies such as Gillette, Hilton, and Federated Department stores. By 1989, Wall Street was wise and left him bag holding an American Airlines takeover bid, resulting in a $35 million loss.
More recently WSB’ers will no doubt remember the Dead Sea levels of saltiness caused by accusations of pumping and dumping last year’s trade war with China, and the resulting cycle of market agitations on threats, bad news, counter threats, trade talks, and deals. Finally, Covid-19 has given us hydrochlorique panaceas, and other pump and dumps we’re still learning about.
Tl;dr The president has shown a persistent penchant for profligacy using other people’s money. Most recently to use the federal government to price gouge PPE and to attempt to have his signature on stimulus checks- but he’s been doing it for 40 years. With JayPau, he’s found a real life infinite money hack, and everything I’ve written is to prove to you he isn’t afraid to use it. Keynes said, “the market can stay irrational longer than you can stay solvent” but what we’re seeing today isn’t irrationality, it is the biggest pump and stop stock scam infinite printing we’ve ever seen from a guy who brags about pump and dumps and bankruptcy filings. Your puts wont print, Trump is betting his reelection on it, and the all-in is infinite. Positions- holding all cash. Sell in May and go fuck yourself.
submitted by twistedlimb to wallstreetbets [link] [comments]

10 years of gambling addiction comes to a close.

Hello,
I thought I would essentially start my journey by posting here so I can get my thoughts written out in black and white. Ultimately my journey began fairly common to others in the UK. I was 17 years of age starting to become interested in going to football with friends and putting on accumulators mostly multiple £1 bets or the odd £5 ones never spending more than £10-£15 pounds over the course of the weekend. Like most I have the fond memory of winning big and still had the screenshot of it until recently when I moved onto betting online when the gambling apps started coming out thick and fast rather than going into the bookmaker shops themselves. £2.50 I had placed on a 250/1 double and at the age of 18 I thought I had won the lottery I did not gamble all the money away I spent it enjoying myself and going out with friends and continued spending small with gambling.
Not long after this it turned into going to the casino every other weekend for something to eat, drink and of course bet. I remember going with a few friends and one of them was starting with £800 which he had in cash. I had never in my life seen this much money in cash before and was just blown away by it. I cannot even remember on the night if he won or lost money all I can remember is that wad of cash and thinking that is what I want to be like and be able to afford to bet that amount. Long story short of course my friend at the time ended up become extremely addicted to gambling as I realised over the years to come.
Roll on 5 years later I have lost endless amounts of money by throwing away my wages every single day. Gambling online week after week, month after month and in turn year after year. Some of the moments that stick out in my mind were when I would sit up and wait for pay to come into my bank at 02:00am when I had work the next day and it would be lost within an hour or 2, an entire months hard work of getting up 5 times a week doing a job for 8-10 hours a day all gone in usually no time at all. Unfortunately for me this is when the real trouble would start. When this would happen I would instantly turn to payday loans to essentially replace my lost wage to live on for that month. I would usually be fairly good I will still gamble but I would try and keep some for getting through the month regarding transport and food etc. Of course the time would eventually roll round where I would need to pay the high interest loan off and it would be sidelined as I had just been paid and the mentality was I can win the money back, pay off the loan and life would be good back to square one. The reality is, the true meaning of square one is something that no real gambling addict has experienced for years. The average person would be fairly unhappy living pay cheque to pay cheque month after month and having no savings, where as I would bite your hand off to be back in that situation debt free and a clean slate.
Unfortunately for me I was extremely good friends with a very disciplined person who I looked up to for all things gambling, the truth is he was a winner and he used to tell me " A good gambler is judged on how they lose not how they win " If you can lose money and accept it and go to your bed knowing you placed a good bet or even a bad bet and it lost and put it behind you and go again fresh the next day you are doing something right. I on the other hand was the chase your loses type. I could not face losing money and it was either win it back there and then or lose the lot and deal with that instead.
My story I feel is a little different from others because at one point I actually had success where I was not working and quite literally gambling for a living (if you can believe that). I essentially saved up and won money creating a fairly large bankroll. I had a spreadsheet where I documented every bet I placed, unit sizes, odds and all the rest and the truth is it worked. I have been an avid follower of a very niche sport all my life my knowledge is very high regarding that particular sport if you mix that in with when I discovered bookmakers starting to offering odds on it that was that I knew my goal. I had a little group where I would post the picks to and obviously done well from it. I experienced having accounts limited and closed by bookmakers while getting the emails saying " The traders have decided as a business decision we regret to inform you we are closing/limiting your account ". Now when you receive emails like this it does something to your ego, you absolutely know you are hurting their business plan of having a full customer base of losers and they no longer want your business. I began starting buying accounts off friends in order to access specific bookmakers so I could place my bets etc. It was a great time and a very successful one. Sadly it did not last, when I was doing this 95% of my time was spent researching, reviewing footage and genuinely digging for all information I could get. The other 5% was looking for the best available odds and placing my bet. I was much more sensible with my stakes because I had a clear head and a free mind to actually think correctly on what I was doing.
Not long after this I began ultimately spending more money than I was making causing a sort of panic to make more but instead of putting more effort into studying my niche sport which I was consistently winning on and looking for a good spot, I would turn to chance and pure luck. Goals bets in football on any random game inplay, Roulette, Blackjack etc etc etc. I would happily place an £800 spin on roulette yet my maximum bet on my niche sport would be £125. A pick where I would be on the value side with a genuine edge against the bookmaker, a bet where I would be placing it at odds of 6/4(2.50) and the bet would close at 8/11(1.72). Utter madness. I put this down to the state of mind I was in. When I was researching I was not getting drawn in by a gambling website I had my little plan in place and I carried it out. I was on gambling websites briefly to place the bet and then log off. But when I was sat on betting sites looking for a bet it would just completely spiral out of control.
I am currently 27 years old and I feel like I have been gambling CONSTANTLY for almost 10 years, which sadly I ultimately have been. I am in debt and although coming out and admitting it to people who care about me there are still secrets I cannot share regarding money owed out etc. I have decimated my credit score, have registered with almost every bookmaker going and I have closed multiple bank accounts over the years that were absolutely littered with betting transactions. I recently found an old statement from 2012 and it was such a surreal situation thinking what age I was back then and yet my bank statements look identical to this day.
I have not posted this for sympathy or anything like that the main reason for posting today is mainly to help other people and for closure. I always take everything with a pinch of salt online like most do but believe me when I say I have experienced every aspect of gambling. The lowest lows of losing, the highest highs of winning big(lucky), the thrill of being extremely disciplined and focused on making money consistently, closing accounts and saying never ever again to finally having accounts limited as mentioned previously for winning.
The bottom line when it comes to gambling is you just simply CANNOT win over your life time so why are you doing it? You are essentially paying a direct debit throughout your life to all these different betting companies for a bit of dopamine to be released in your brain. I manged to clear my debt and had about £10,000 saved £5,000 bankroll and was on cloud 9 and look where I am at now. I have £100 in my bank for the essentials and about £10,000 in debt just 3 odd years later. I have carried on for so long to try and re-live the dream I thought I had but the hard hitting reality is even when I was doing well I was constantly fighting against being banned from shops and having accounts online limited and closed. Even when you win you cannot win for long so it is pointless. I am a risk taker at heart and can be very impulsive which for a gambler is a non starter. It will NEVER end well if you have these types of traits as you could do well for months or years being disciplined but one day that IMPULSE will burst through your body and overcome and ruin all your hard work.
This might come across like I am bitter about the situation but I am not. I actually feel a real sense of relief typing this up today, usually when I read these sorts of posts from other users and it is day 1 for them for quitting gambling I skip over it because I think yeah, you will be back at it tomorrow or when you next get money, not very supportive but it is the truth none the less for most I feel.
One thing that is happening right now within the gambling industry is safer gambling adverts especially in the UK. I realised that what they are doing is the same as what sugary food product companies done with regards to their food stuffs being deemed unhealthy they were ultimately asked to remove certain products but instead they turned it round as said they would introduce more healthier, lower sugafat alternatives instead which resulted in just adding more of their products to the market. That is EXACTLY what the gambling firms are doing just now they have been told about the harm it is doing and have been told to essentially lower the amount of exposure to children/adults alike with these adverts and their response is not to reduce the amount but to introduce safer gambling when the fun stops, stop adverts just increasing the amount of times their logo appears on your screen through multiple more adverts.
Anyway, I would like to think at least one person reads this and it makes them think twice. Maybe somebody who is 18 and has just began gambling or maybe somebody who is similar ages to myself or even older who can relate to my experience in anyway.
If you have managed to read all of this then well done, If I came across a post browsing on this after a loss and seen it was this length I would not bother, I would skip to the end like my impulsive personality would command me to do which is a little reminder as to why I am posting this in the first place being a compulsive and impatience gambler.
To end on a positive note my gambling journey comes to an end today. I am 27 years old and have been at it from 17 and enough is ultimately enough for me. My new goal has been laid out prior to writing this in regards to avoiding temptation, paying off what I owe and what to do with my wages going forward.
I wish anybody reading this who is struggling all the best and if you have any intention to quit and have stumbled across this sub-reddit then it is time to quit or else you would not be here and you know it. As for anybody who reads through this and still gambles themselves then maybe take a look at what you are doing and if you can honestly look yourself in the mirror and admit you have no problem then great and good luck with what you are doing.
If you want to maybe ask more about my situation in relation to your own, have any questions or are just looking for somebody to listen to your story then feel free to message me.
Thanks,
LD.
submitted by LetniyDozihdik to problemgambling [link] [comments]

A Paladin's Final Sacrifice

This is one of my favorite stories from my time playing DnD, primarily because it emphasizes every player having a fully developed character arc, both in and out of character.
TL;DR: An unexpected shot in the dark becomes one of the greatest RP moments in my life.
The setting: A second run through of Curse of Strahd. Be warned there are technically spoilers for that campaign I guess.
The characters of our story (though not their player names) are as follows.
Current DM: The DM of this adventure
Luke: A lazy, self-centered Air Genasi Swashbuckler Rogue, also DM of our last run of Curse of Strahd
Garrett: A Half-Elf Wild Magic Sorcerer with a gambling addiction
Me: A fallen Aasimar Oath of Redemption Paladin that has fallen from grace.
A bit of backstory on this one. Our group had a great time with the first run of Curse of Strahd that Luke did for us, so much so that we wanted to do it again. Luckily, current DM wanted to run Curse of Strahd himself as DM, and through a few days of brainstorming we ended up coming to the idea of doing a continuation of the story. This would allow us to run the module again, but with a LOT of tweaks to characters and stories, such as our characters from the previous run being added as NPCs. The other thing we decided on was everyone had to write a character for the other players. So the three PCs and the DM created three characters each, one for each player complete with backstory. Each player was then given the race and class of the characters created, and they would then choose which one they wanted to try without knowing anything else. A weird idea I know, but it was fun. The unused characters got tossed into a stack as backups if anyone happened to die so you could just be added back into the game without much of a break in the session. They didn't get used luckily, but we were prepared.
I gave the brief description of the characters we ended up with, but I wanna go more in-depth on them here. I got an aasimar paladin who was originally a great warrior in mount celeste. But my greatness was short lived as I fell into the vices of fighting for sport, and my martial prowess allowed me to rise in the ranks of an arena on the material plane. I feared my position would be lost so I resulted to cheating to ensure my victory, which was quickly revealed. I was cast from mount celeste, and had to redeem myself if I wished to ever return. Thus started my Oath. Now I understand that the book says an Oath of Redemption means you firmly believe anyone can be redeemed no matter how evil, but I thought that someone who believed they were the lowest of scum for what they had done would follow such a path. If they could be redeemed, then certainly anyone could.
Luke's player chose the character I made for him, an air genasi rogue. The thing with this guy was that he did his absolute best to never really put in effort on anything. The only time he would act is if his life depended on it, so outside of deadly situations he would just let the other party members deal with the problem. If they asked him to do something, he would often complain that they're more than capable of it themselves, but would quickly relent as the party got frustrated with his actions. He barely even walked anywhere since, as an air genasi, he could levitate at will so he would just lazily drift around the place. He was a bit of a moocher, a leech, simply finding a group of relatively strong looking people and sticking to them so he could do the least work while still getting paid. That wasn't to say he didn't have his own goals. He sought to be famous, and to have people be grateful for the things he did. It's just that he was bad at actually getting things done in the first place. This fit his real world personality very well, as Luke's player himself is extremely lazy and he often admits to this being the case.
Garrett's player also picked the character I made, a half-elf sorcerer. Garrett's player tended to play characters with more simple backstories that seem complicated until you read through them and realize that it boils down to some core basic ideas. His character was a problem gambler. Anytime there was an option to roll the dice and take a chance he would take it. The character frequented betting rings and casinos, and his above average luck kept him in the running until he got on the wrong side of the owners. He got framed for cheating and so the casino bosses, known for not being subtle, were holding his sister hostage until he returned with enough money to pay them back for all of his "winnings".
This party of fools was to be the grand heroes of this adventure, and hoo boy did it not go well.
The DM is relatively new to running games, and considering this I have to say he did a damn good job of pretty much rebuilding the world of Curse of Strahd from scratch. What he didn't have a good handle of was balancing encounters and traps mid combat, especially when dealing with a group whose luck was abysmal like ours was the first few sessions. We skipped the death house and decided to just start off at level 3. The very first combat encounter, before we even get into the land of Barovia, is a choldrith (CR 3) and two zombies (CR 1/4). This was made as a means of us getting used to our characters. We nearly get TPK'd just because we can't hit anything to save our lives, literally, and the choldrith manages to crit on me twice in a row downing me instantly.
This particular encounter sets the tone for almost every encounter afterwards. I could tell the DM was constantly having to fudge rolls and pull punches just to avoid a TPK nearly every step of the way just because our dice rolls wouldn't allow us to have fun. It was frustrating, and that frustration was made well known during the inter-character banter. The rogue would berate me for not managing to land my attack, the sorcerer would shout for the rogue to get off his lazy ass and help for once. Meanwhile I feel like a substitute teacher trying to keep two unruly kids in check and am starting to slowly lose it. At one point I snapped because both in and out of character I'd had enough of an NPCs antics nearly getting us killed.
There's a girl that goes missing from this caravan and you find her drowning in a lake. In our encounter there's a monster down there and she's protected by some trinket she has. However, because of her constant panicking and squirming we can't manage to get her out of the lake successfully. Eventually we just resort to casting sleep on her so she stays still long enough for us to get out before we're murdered. When she wakes up she continues to sob, and I literally shout at her because she put not just herself but also those sent to rescue her in danger. This just made her cry more, so I just cast sleep again and we delivered her back to the caravan.
Eventually though, as we found out what was going on in this world and began to understand who Strahd was, we started to band together as the group of unlikely heroes this world needed. We went through a lot of perils, a lot of problems, and a LOT of near-death experiences. We opened up to each other, learned the reasons behind each other's actions, and came to find that we had much in common and a reason worth fighting for. This led to the all important result of actually supporting each other in combat. We started to feel like a team who watched each other's backs.
I'm gonna skip ahead here and move more towards the end of the campaign. A lot of stuff happens but most of it isn't super necessary and is really just filler.
Some spoilers ahead for the Curse of Strahd module, though the story itself is modified quite a bit.
So by this point we've figured out that Strahd's curse is that he is in essence trapped in this world, constantly reliving his own nightmare for killing his brother and watching his love die by jumping from his castle. Even when he is killed and his entire realm is destroyed, it just reforms again some time later forcing everyone within it to return to their imprisoned life. Strahd is forced to come back time and time again, and at this point it has started to drive him mad. In our story he's been doing this for several thousand years, trying desperately to find a timeline in which Tatiana, the girl that jumped, loves him again.
At this point, the DM does something that I wasn't expecting. We know the madness that Strahd suffers and we've seen what kind of monster he is. He killed more than a dozen children right in front of us while we were helpless to stop him, he's trumped and taunted us at nearly every turn. He has harassed us, and killed NPCs we actually gave a crap about to the point where it would have been justified for any player to just try and kill the guy on sight. And so without any fanfare, Strahd shows up in front of us and invites us to dinner in his castle. He promises our safety, but more importantly, if we did not accept he would attempt to kill us. We were already beaten down pretty hard from a reworked amber temple, and I as the face of the party made the executive decision of "Screw it, having dinner with the BBEG right now sounds like the thing that might not result in our death".
We hop into his cart, and on the way there each of us PCs receive a private message in discord from the DM. I still have that message so I can share it verbatim.
“I have watched you for a long time. I know why you have come here, and what you seek to do. Know that it won’t be easy. I am ancient. I am the land. Barovia is my home, my domain. The Dark Powers keep me here and they keep a tally. Should you try to kill me, I will only return stronger to seek my vengeance against you, as I have done for so many others before you. I have seen your power grow over time. First, a matchstick; now, a roaring fire. But your quest, even in its success, is doomed to failure. Your victory will be short lived. Instead, I offer you something greater. Take a measure of my power and join me, such that we can bring about a new era to this land. You need only drink the White Wine to give your approval and I shall infuse you with my power.”
I don't know what the other players got, but that's what was sent to me. We all got something different.
At this point I had a lot to think about. I thought about everything we'd gone through as a group. I thought about the challenges we'd weathered together. One small part of me wanted to see this thing through to the end, and hope that his warning was just a bluff. But I knew better. My paladin knew better. Strahd never once lied to us, why would he start now? If he's telling the truth, then what's the point of going through all this hell if its just going to end in disappointment and death while the cycle continues? Is giving up all hope and joining the dark side really the best option? I as a player fought with this in my head for a long time, but eventually I came to a decision and formulated a plan.
I picked the white wine. And I was the only one at dinner who had chosen white wine.
Afterwards, Strahd asked to speak with me privately, and this visibly raised a lot of suspicion with the other party members. The DM and I moved to a private area where the other players wouldn't hear the ensuing talks. While Strahd and I wandered through the halls of his castle our conversation went as such.
Strahd: "So, you wish to take up my offer and rule this land by my side?"
Me: "No, not exactly. I'm going to level with you for a moment Strahd. I generally think I've figured out this whole issue. You screwed up, killed Sergei, and now you're stuck here forced to relive the same thing over and over as you try desperately to get what you want. But... As much as I know you don't want to hear it, it's not going to happen."
Strahd's visage visibly darkens, and an angry snarl rings out from him.
Me: "However, I am willing to help you on my own terms."
Strahd: "Which are?"
Me: "Your curse prevents you from leaving, prevents you from dying, and is the one thing that is keeping you and all these people in Barovia locked in this eternal nightmare. If it means releasing you from this hell hole of a dimension and finally giving you some peace, I'm willing to take on the mantle of your curse. I get it. No one likes to hear about their past mistakes, especially me. But its something we've all got to face. No one is above redemption Strahd. Not even you."
Strahd falls silent for awhile as the DM considers what I've just said. I can tell he wasn't prepared for something like this, but the idea has piqued his interest.
Strahd: "Doing this will allow you to take control of this realm, and will result in my death. Among this land and its people, you will learn everything I have done, good and bad. Every single atrocity that I am responsible for. My magical secrets and dark memories, all yours to live with for eternity. Even knowing this burden, one that would bring most men to their knees, would you still continue on with this path?"
Me: "Strahd, you've been watching us since we got here. You know me. You know what I've been through, you know what I've done, and you know what I want to do. I believe you've suffered enough, and even you deserve to rest. I get that some people don't like you, hell some people believe you deserve even worse than what you're currently getting. But forever is a long ass time as I'm sure you know. My hope is that by releasing you from this curse and taking on the burden I can find my own redemption some day."
Strahd thinks on this for a moment, and I'm actually surprised to see something resembling a genuine smile cross his lips.
And so with the entire party present, Strahd performed a ceremonial ritual in which I as a willing recipient took on the mantle of his curse. I became the new Strahd, as he withered away into dust. In that brief flash I watched as families were slaughtered, homes were torched, terrible creatures were risen from the shadows and hundreds of people fell into despair. I watched this cycle again and again, thousands of years passed through my mind in an instant. It was daunting, terrifying, and had I not passed a wisdom save it could have well and truly broken my character's spirit. But despite all this horror, I gleaned one important piece of information.
The heart of the castle. As part of our DM's story rewrite, he made the heart incredibly important as it is where Strahd's will is entombed and where the curse is focused. We as a group have 1 in-game hour before the curse takes hold entirely and I essentially become Strahd reborn, with all the same mannerisms. If within that time we can destroy the heart in the tower, it will trigger a collapse event. After destroying the heart it will create a black hole portal to a void realm. We'll have enough time to escape, but the void will consume the entire demiplane, erasing everything including Strahd's lingering will and all of the people causing their souls to be lost forever. But there's a catch.
If one person's soul of a non-evil alignment of their own free will is swapped with his, the one sacrificing themselves is lost to the void forever, but everyone and everything can escape safely. The portal closes and cannot be found. Barovia will then be sent to a nearby coast town as a new island about 3 miles away from civilization. The one who commits to this sacrifice freely is left alone for all eternity in the infinite void, with nothing but their own thoughts and memories to keep them company. No means exist for this person to escape, and they are lost forever beyond saving. And if they were to do this while carrying the mantle of Strahd's curse, that meant the curse is locked away forever along with them, forever breaking the cycle.
This is all told to me in private, and so I turn to my close friends and allies and tell them I have a way to fix all of this. We have to get to the heart in the tower and destroy it. Doing so will cause the realm to fall apart and release everyone trapped here including us. Garrett and Luke are both down for this, and we set off one final time, determined to save this world.
The fight was treacherous, but through sheer willpower and a bit of wild magic luck we manage to come out on top. The heart shatters, and a black hole begins to steadily grow and consume anything it touches. I shout to the others to get to safety which they promptly start fleeing from the danger. It's at this point the rogue notices that I'm not following. Instead I'm standing there, facing this black void alone. He calls out to me that I need to get the hell out of there and asks what I'm doing. I describe that my character turns his head back solemnly with a contented smile.
"Thank you, my friends. Luke, keep up the good work. And Garrett? Say hello to your sister for me. Goodbye."
And with that, I threw myself into this void, never to be seen again.
The other players were stunned by this as they listened to the DM detail the sudden collapse of the demiplane as it was shifted into another world entirely. Luke, being played by someone who was a big fan of anime tropes, did the sad/angry shout into the emptiness about my character being a moron and how there had to have been a better way. Garrett had a hard time thinking of something to say about this, more focused on trying to not cry.
The two of them go on about their lives, accomplishing the goals that had originally sent them on this path. But by the time it was all over their memory of me had faded significantly. That didn't stop them from trying to find some way of honoring my character though. A bronze plaque sits up in the ruins of the castle where I was last seen.
"Here lies the memory of a stalwart ally and a close friend. May he find the redemption he seeks."
Afterwards, we all concluded that despite a lot of rough patches throughout the entire campaign, the ending was satisfying to each of us in our own ways. It was a fantastic and wild ride, and one of the only times I've ever had a character death that I was well and truly happy about.
submitted by Flashpoint11 to CritCrab [link] [comments]

What a USL D1 league might look like

TL;DR: Man with too much time on his hands goes deep down the rabbit hole on a concept this sub already didn’t seem that enthusiastic about. If you really want to skip ahead, CTRL+F “verdict” and it’ll get you there.
Two days ago, u/MrPhillyj2wns made a post asking whether USL should launch a D1 league in order to compete in Concacaf. From the top voted replies, it appears this made a lot of people very angry and has been widely regarded as a bad move.
But I’ve been at home for eight weeks and I am terribly, terribly bored.
So, I present to you this overview of what the USL pyramid might look like if Jake Edwards got a head of steam and attempted to establish a USSF-sanctioned first division. This is by no means an endorsement of such a proposal or even a suggestion that USL SHOULD do such a thing. It is merely an examination of whether they COULD.
Welcome to the Thunderdome USL Premiership
First, there are some base-level assumptions we must make in this exercise, because it makes me feel more scientific and not like a guy who wrote this on Sunday while watching the Belarusian Premier League (Go BATE Borisov!).
  1. All D1 teams must comply with known USSF requirements for D1 leagues (more on that later).
  2. MLS, not liking this move, will immediately remove all directly-owned affiliate clubs from the USL structure (this does not include hybrid ownerships, like San Antonio FC – NYCFC). This removes all MLS2 teams but will not affect Colorado Springs, Reno, RGVFC and San Antonio.
  3. The USL will attempt to maintain both the USL Championship and USL League One, with an eventual mind toward creating the pro/rel paradise that is promised in Relegations 3:16.
  4. All of my research regarding facility size and ownership net worth is correct – this is probably the biggest leap of faith we have to make, since googling “NAME net worth” and “CITY richest people” doesn’t seem guaranteed to return accurate results.
  5. The most a club can increase its available seating capacity to meet D1 requirements in a current stadium is no more than 1,500 seats (10% of the required 15,000). If they need to add more, they’ll need a new facility.
  6. Let’s pretend that people are VERY willing to sell. It’s commonly acknowledged that the USL is a more financially feasible route to owning a soccer club than in MLS (c.f. MLS-Charlotte’s reported $325 million expansion fee) and the USSF has some very strict requirements for D1 sanctioning. It becomes pretty apparent when googling a lot of team’s owners that this requirement isn’t met, so let’s assume everyone that can’t sells to people who meet the requirements.
(Known) USSF D1 league requirements:
- League must have 12 teams to apply and 14 teams by year three
- Majority owner must have a net worth of $40 million, and the ownership group must have a total net worth of $70 million. The value of an owned stadium is not considered when calculating this value.
- Must have teams located in the Eastern, Central and Pacific time zones
- 75% of league’s teams must be based in markets with at a metro population of at least 1 million people.
- All league stadiums must have a capacity of at least 15,000
The ideal club candidate for the USL Premiership will meet the population and capacity requirements in its current ground, which will have a grass playing surface. Of the USL Championship’s 27 independent/hybrid affiliate clubs, I did not find one club that meets all these criteria as they currently stand.
Regarding turf fields, the USSF does not have a formal policy regarding the ideal playing surface but it is generally acknowledged that grass is superior to turf. 6 of 26 MLS stadiums utilize turf, or roughly 23% of stadiums. We’ll hold a similar restriction for our top flight, so 2-3 of our top flight clubs can have turf fields. Seem fair?
Capacity is going to be the biggest issue, since the disparity between current requirements for the second-tier (5,000) and the first tier (15,000) is a pretty massive gap. Nice club you have there, triple your capacity and you’re onto something. As a result, I have taken the liberty of relocating certain (read: nearly all) clubs to new grounds, trying my utmost to keep those clubs in their current markets and –importantly--, ensure they play on grass surfaces.
So, let’s do a case-by-case evaluation and see if we can put together 12-14 teams that meet the potential requirements, because what else do you have to do?
For each club’s breakdown, anything that represents a chance from what is currently true will be underlined.
Candidate: Birmingham Legion FC
Location (Metro population): Birmingham, Ala. (1,151,801)
Time zone: Central
Stadium (playing surface, capacity): Legion Field (FieldTurf, 71,594)
Potential owner: Stephens Family (reported net worth $4 billion)
Notes: Birmingham has a pretty strong candidacy. Having ditched the 5,000-seater BBVA Field for Legion Field, which sits 2.4 miles away, they’ve tapped into the city’s soccer history. Legion Field hosted portions of both the men’s and women’s tournaments at the 1996 Olympics, including a 3-1 U.S. loss to Argentina that saw 83,183 pack the house. The Harbert family seemed like strong ownership contenders, but since the death of matriarch Marguerite Harbert in 2015, it’s unclear where the wealth in the family is concentrated, so the Stephens seem like a better candidate. The only real knock that I can think of is that we really want to avoid having clubs play on turf, so I’d say they’re on the bubble of our platonic ideal USL Prem.
Candidate: Charleston Battery
Location (Metro population): Charleston, S.C. (713,000)
Time zone: Eastern
Stadium (playing surface, capacity): Johnson Hagood Stadium (Grass, ~14,700)
Potential owner: Anita Zucker (reported net worth $3 billion)
Notes: Charleston’s candidacy isn’t looking great. Already disadvantaged due to its undersized metro population, a move across the Cooper River to Johnson Hagood Stadium is cutting it close in terms of capacity. The stadium, home to The Citadel’s football team, used to seat 21,000, before 9,300 seats on the eastern grandstand were torn down in 2017 to deal with lead paint that had been used in their construction. Renovation plans include adding 3,000 seats back in, which could hit 15,000 if they bumped it to 3,300, but throw in a required sale by HCFC, LLC (led by content-creation platform founder Rob Salvatore) to chemical magnate Anita Zucker, and you’ll see there’s a lot of ifs and ands in this proposal.
Candidate: Charlotte Independence
Location (Metro population): Charlotte, N.C. (2,569, 213)
Time zone: Eastern
Stadium (playing surface, capacity): Jerry Richardson Stadium (Turf, 15,314)
Potential owner: James Goodnight (reported net worth $9.1 billion)
Notes: Charlotte ticks a lot of the boxes. A move from the Sportsplex at Matthews to UNC-Charlotte’s Jerry Richardson stadium meets capacity requirements, but puts them on to the dreaded turf. Regrettably, nearby American Legion Memorial Stadium only seats 10,500, despite a grass playing surface. With a sizeable metro population (sixth-largest in the USL Championship) and a possible owner in software billionaire James Goodnight, you’ve got some options here. The biggest problem likely lies in direct competition for market share against a much better-funded MLS Charlotte side due to join the league in 2021.
Candidate: Hartford Athletic
Location (Metro population): Hartford, Conn. (1,214,295)
Time zone: Eastern
Stadium (playing surface, capacity): Pratt & Whitney Stadium (Grass, 38,066)
Potential owner: Ray Dalio (reported net worth $18.4 billion)
Notes: Okay, I cheated a bit here, having to relocate Hartford to Pratt & Whitney Stadium, which is technically in East Hartford, Conn. I don’t know enough about the area to know if there’s some kind of massive beef between the two cities, but the club has history there, having played seven games in 2019 while Dillon Stadium underwent renovations. If the group of local businessmen that currently own the club manage to attract Dalio to the table, we’re on to something.
Candidate: Indy Eleven
Location (Metro population): Indianapolis, Ind. (2,048,703)
Time zone: Eastern
Stadium (playing surface, capacity): Lucas Oil Stadium (Turf, 62,421)
Potential owner: Jim Irsay (reported net worth of $3 billion)
Notes: Indy Eleven are a club that are SO CLOSE to being an ideal candidate – if it weren’t for Lucas Oil Stadium’s turf playing surface. Still, there’s a lot to like in this bid. I’m not going to lie, I have no idea what current owner and founder Ersal Ozdemir is worth, but it seems like there might be cause for concern. A sale to Irsay, who also owns the NFL Indianapolis (nee Baltimore) Colts, seems likely to keep the franchise there, rather than make a half-mile move to 14,230 capacity Victory Field where the AAA Indianapolis Indians play and expand from there.
Candidate: Louisville City FC
Location (Metro population): Louisville, Ky. (1,297,310)
Time zone: Eastern
Stadium (playing surface, capacity): Lynn Family Stadium (Grass, 14,000, possibly expandable to 20,000)
Potential owner: Wayne Hughes (reported net worth $2.8 billion)
Notes: I’m stretching things a bit here. Lynn Family stadium is currently listed as having 11,700 capacity that’s expandable to 14,000, but they’ve said that the ground could hold as many as 20,000 with additional construction, which might be enough to grant them a temporary waiver from USSF. If the stadium is a no-go, then there’s always Cardinal Stadium, home to the University of Louisville’s football team, which seats 65,000 but is turf. Either way, it seems like a sale to someone like Public Storage founder Wayne Hughes will be necessary to ensure the club has enough capital.
Candidate: Memphis 901 FC
Location (Metro population): Memphis, Tenn. (1,348,260)
Time zone: Central
Stadium (playing surface, capacity): Liberty Bowl Stadium (Turf, 58,325)
Potential owner: Fred Smith (reported net worth $3 billion)
Notes: Unfortunately for Memphis, AutoZone Park’s 10,000 seats won’t cut it at the D1 level. With its urban location, it would likely prove tough to renovate, as well. Liberty Bowl Stadium more than meets the need, but will involve the use of the dreaded turf. As far as an owner goes, FedEx founder Fred Smith seems like a good local option.
Candidate: Miami FC, “The”
Location (Metro population): Miami, Fla. (6,158,824)
Time zone: Eastern
Stadium (playing surface, capacity): Riccardo Silva Stadium (FieldTurf, 20,000)
Potential owner: Riccardo Silva (reported net worth $1 billion)
Notes: Well, well, well, Silva might get his wish for top-flight soccer, after all. He’s got the money, he’s got the metro, and his ground has the capacity. There is the nagging issue of the turf, though. Hard Rock Stadium might present a solution, including a capacity of 64,767 and a grass playing surface. It is worth noting, however, that this is the first profile where I didn’t have to find a new potential owner for a club.
Candidate: North Carolina FC
Location (Metro population): Durham, N.C. (1,214,516 in The Triangle)
Time zone: Eastern
Stadium (playing surface, capacity): Carter-Finley Stadium (Grass/Turf, 57,583)
Potential owner: Steve Malik (precise net worth unknown) / Dennis Gillings (reported net worth of $1.7 billion)
Notes: We have our first “relocation” in North Carolina FC, who were forced to trade Cary’s 10,000-seat WakeMed Soccer Park for Carter-Finley Stadium in Durham, home of the NC State Wolfpack and 57,583 of their closest friends. The move is a whopping 3.1 miles, thanks to the close-knit hub that exists between Cary, Durham and Raleigh. Carter-Finley might be my favorite of the stadium moves in this exercise. The field is grass, but the sidelines are artificial turf. Weird, right? Either way, it was good enough for Juventus to play a friendly against Chivas de Guadalajara there in 2011. Maybe the move would be pushed for by new owner and medical magnate Dennis Gillings, whose British roots might inspire him to get involved in the Beautiful Game. Straight up, though, I couldn’t find a net worth for current owner Steve Malik, though he did sell his company MedFusion for $91 million in 2010, then bought it back for an undisclosed amount and sold it again for $43 million last November. I don’t know if Malik has the juice to meet D1 requirements, but I suspect he’s close.
Candidate: Pittsburgh Riverhounds SC
Location (Metro population): Pittsburgh, Penn. (2,362,453)
Time zone: Eastern
Stadium (playing surface, capacity): Heinz Field (Grass, 64,450)
Potential owner: Henry Hillman (reported net worth $2.5 billion)
Notes: I don’t know a ton about the Riverhounds, but this move in particular feels like depriving a pretty blue-collar club from its roots. Highmark Stadium is a no-go from a seating perspective, but the Steelers’ home stadium at Heinz Field would more than meet the requirements and have a grass surface that was large enough to be sanctioned for a FIFA friendly between the U.S. WNT and Costa Rica in 2015. As for an owner, Tuffy Shallenberger (first ballot owner name HOF) doesn’t seem to fit the USSF bill, but legendary Pittsburgh industrialist Henry Hillman might. I’m sure you’re asking, why not the Rooney Family, if they’ll play at Heinz Field? I’ll tell you: I honestly can’t seem to pin down a value for the family. The Steelers are valued at a little over a billion and rumors persist that Dan Rooney is worth $500 million, but I’m not sure. I guess the Rooneys would work too, but it’s a definite departure from an owner in Shallenberger who was described by one journalist as a guy who “wears boots, jeans, a sweater and a trucker hat.”
Candidate: Saint Louis FC
Location (Metro population): St. Louis, Mo. (2,807,338)
Time zone: Central
Stadium (playing surface, capacity): Busch Stadium (Grass, 45,494)
Potential owner: William DeWitt Jr. (reported net worth $4 billion)
Notes: Saint Louis has some weirdness in making the jump to D1. Current CEO Jim Kavanaugh is an owner of the MLS side that will begin play in 2022. The club’s current ground at West Community Stadium isn’t big enough, but perhaps a timely sale to Cardinals owner William DeWitt Jr. could see the club playing games at Busch Stadium, which has a well established history of hosting other sports like hockey, college football and soccer (most recently a U.S. WNT friendly against New Zealand in 2019). The competition with another MLS franchise wouldn’t be ideal, like Charlotte, but with a big enough population and cross marketing from the Cardinals, maybe there’s a winner here. Wacko idea: If Busch doesn’t pan out, send them to The Dome. Sure, it’s a 60k turf closed-in stadium, but we can go for that retro NASL feel and pay homage to our nation’s soccer history.
Candidate: Tampa Bay Rowdies
Location (Metro population): Tampa, Fla. (3,068,511)
Time zone: Eastern
Stadium (playing surface, capacity): Raymond James Stadium (Grass, 65,518)
Potential owner: Edward DeBartolo Jr. (reported net worth $3 billion)
Notes: This one makes me sad. Despite having never been there, I see Al Lang Stadium as an iconic part of the Rowdies experience. Current owner Bill Edwards proposed an expansion to 18,000 seats in 2016, but the move seems to have stalled out. Frustrated with the city’s lack of action, Edwards sells to one-time San Francisco 49ers owner Edward DeBartolo Jr., who uses his old NFL connections to secure a cushy lease at the home of the Buccaneers in Ray Jay, the site of a 3-1 thrashing of Antigua and Barbuda during the United States’ 2014 World Cup Qualifying campaign.
Breather. Hey, we finished the Eastern Conference teams. Why are you still reading this? Why am I still writing it? Time is a meaningless construct in 2020 my friends, we are adrift in the void, fueled only by brief flashes of what once was and what may yet still be.
Candidate: Austin Bold FC
Location (Metro population): Austin, Texas (2,168,316)
Time zone: Central
Stadium (playing surface, capacity): Darrel K Royal – Texas Memorial Stadium (FieldTurf, 95,594)
Potential owner: Michael Dell (reported net worth of $32.3 billion)
Notes: Anthony Precourt’s Austin FC has some unexpected competition and it comes in the form of tech magnate Michael Dell. Dell, were he to buy the club, would be one of the richest owners on our list and could flash his cash in the new first division. Would he have enough to convince Darrel K Royal – Texas Memorial Stadium (I’m not kidding, that’s its actual name) to go back to a grass surface, like it did from ’96-’08? That’s between Dell and nearly 100,000 UT football fans, but everything can be had for the right price.
Candidate: Colorado Springs Switchbacks FC
Location (Metro population): Colorado Springs, Colo. (738,939)
Time zone: Mountain
Stadium (playing surface, capacity): Falcon Stadium (FieldTurf, 46,692)
Potential owner: Charles Ergen (reported net worth $10.8 billion)
Notes: Welcome to Colorado Springs. We have hurdles. For the first time in 12 candidates, we’re back below the desired 1 million metro population mark. Colorado Springs actually plans to build a $35 million, 8,000 seat venue downtown that will be perfect for soccer, but in our timeline that’s 7,000 seats short. Enter Falcon Stadium, home of the Air Force Academy Falcons football team. Seems perfect except for the turf, right? Well, the tricky thing is that Falcon Stadium is technically on an active military base and is (I believe) government property. Challenges to getting in and out of the ground aside, the military tends to have a pretty grim view of government property being used by for-profit enterprises. Maybe Charles Ergen, founder and chairman of Dish Network, would be able to grease the right wheels, but you can go ahead and throw this into the “doubtful” category. It’s a shame, too. 6,035 feet of elevation is one hell of a home-field advantage.
Candidate: El Paso Locomotive FC
Location: El Paso, Texas
Time zone: Mountain
Stadium (playing surface, capacity): Sun Bowl (FieldTurf, 51,500)
Potential owner: Paul Foster (reported net worth $1.7 billion)
Notes: God bless Texas. When compiling this list, I found so many of the theoretical stadium replacements were nearly serviceable by high school football fields. That’s insane, right? Anyway, Locomotive don’t have to settle for one of those, they’ve got the Sun Bowl, which had its capacity reduced in 2001 to a paltry 51,500 (from 52,000) specifically to accommodate soccer. Sure, it’s a turf surface, but what does new owner Paul Foster (who is only the 1,477th wealthiest man in the world, per Forbes) care, he’s got a team in a top league. Side note: Did you know that the Sun Bowl college football game is officially, through sponsorship, the Tony the Tiger Sun Bowl? Why is it not the Frosted Flakes Sun Bowl? Why is the cereal mascot the promotional name of the football game? What are you doing, Kellogg’s?
Candidate: Las Vegas Lights FC
Location: Las Vegas, Nev. (2,227,053)
Time zone: Pacific
Stadium (playing surface, capacity): Allegiant Stadium (Grass, 61,000)
Potential owner: Sheldon Adelson (reported net worth $37.7 billion)
Notes: Sin City. You had to know that the club that once signed Freddy Adu because “why not” was going to go all out in our flashy hypothetical proposal. Thanks to my narrative control of this whole thing, they have. Adelson is the second-richest owner in the league and has decided to do everything first class. That includes using the new Raiders stadium in nearby unincorporated Paradise, Nevada, and spending boatloads on high profile transfers. Zlatan is coming back to the U.S., confirmed.
Candidate: New Mexico United
Location: Albuquerque, N.M.
Time zone: Mountain
Stadium (playing surface, capacity): Isotopes Park – officially Rio Grande Credit Union Field at Isotopes Park (Grass, 13,500 – 15,000 with expansion)
Potential owner: Maloof Family (reported net worth $1 billion)
Notes: New Mexico from its inception went deep on the community vibe, and I’ve tried to replicate that in this bid. The home field of Rio Grande Cr---I’m not typing out the whole thing—Isotopes Park falls just within the expansion rules we set to make it to 15,000 (weird, right?) and they’ve found a great local ownership group in the Lebanese-American Maloof (formerly Maalouf) family from Las Vegas. The only thing to worry about would be the metro population, but overall, this could be one of the gems of USL Prem.
Candidate: Oklahoma City Energy FC
Location: Oklahoma City, Okla. (1,396,445)
Time zone: Central
Stadium (playing surface, capacity): Chickasaw Bricktown Ballpark (Grass, 13,066)
Potential owner: Harold Hamm (reported net worth $14.2 billion)
Notes: There’s a bright golden haze on the meadow and it says it’s time to change stadiums and owners to make it to D1. A sale to oil magnate Harold Hamm would give the club the finances it needs, but Chickasaw Bricktown Ballpark (home of the OKC Dodgers) actually falls outside of the boundary of what would meet capacity if 1,500 seats were added. Could the club pull off a move to Gaylord Family Oklahoma Memorial Stadium in Norman, Oklahoma – home of the Oklahoma Sooners? Maybe, but at 20 miles, this would be a reach.
Candidate: Orange County SC
Location: Irvine, Calif. (3,176, 000 in Orange County)
Time zone: Pacific
Stadium (playing surface, capacity): Angels Stadium of Anaheim (Grass, 43,250)
Potential owner: Arte Moreno (reported net worth $3.3 billion)
Notes: You’ll never convince me that Rangers didn’t choose to partner with Orange County based primarily on its name. Either way, a sale to MLB Angels owner Arte Moreno produces a fruitful partnership, with the owner choosing to play his newest club out of the existing Angels stadium in OC. Another baseball conversion, sure, but with a metro population of over 3 million and the closest thing this hypothetical league has to an LA market, who’s complaining?
Candidate: Phoenix Rising FC
Location: Phoenix, Ariz. (4,857,962)
Time zone: Arizona
Stadium (playing surface, capacity): State Farm Stadium (Grass, 63,400)
Potential owner: Ernest Garcia II (reported net worth $5.7 billion)
Notes: We’re keeping it local with new owner and used car guru Ernest Garcia II. His dad owned a liquor store and he dropped out of college, which is making me feel amazing about my life choices right now. Casino Arizona Field is great, but State Farm Stadium is a grass surface that hosted the 2019 Gold Cup semifinal, so it’s a clear winner. Throw in Phoenix’s massive metro population and this one looks like a lock.
Candidate: Reno 1868 FC
Location: Reno, Nev. (425,417)
Time zone: Pacific
Stadium (playing surface, capacity): Mackay Stadium (FieldTurf, 30,000)
Potential owner: Nancy Walton Laurie (reported net worth $7.1 billion)
Notes: The Biggest Little City on Earth has some serious barriers to overcome, thanks to its low metro population. A sale to Walmart heiress Nancy Walton Laurie and 1.6 mile-move to Mackay Stadium to split space with the University of Nevada, Reno makes this bid competitive, but the turf surface is another knock against it.
Candidate: Rio Grande Valley FC
Location: Edinburg, Texas (900,304)
Time zone: Central
Stadium (playing surface, capacity): McAllen Memorial Stadium (FieldTurf, 13,500 – 15,000 with expansion)
Potential owner: Alice Louise Walton (reported net worth $45 billion)
Notes: Yes, I have a second straight Walmart heiress on the list. She was the first thing that popped up when I googled “McAllen Texas richest people.” The family rivalry has spurred Walton to buy a club as well, moving them 10 miles to McAllen Memorial Stadium which, as I alluded to earlier, is a straight up high school football stadium with a full color scoreboard. Toss in an additional 1,500 seats and you’ve met the minimum, despite the turf playing surface.
Candidate: San Antonio FC
Location: San Antonio, Texas (2,550,960)
Time zone: Central
Stadium (playing surface, capacity): Alamodome (FieldTurf, 64,000)
Potential owner: Red McCombs (reported net worth $1.6 billion)
Notes: I wanted to keep SAFC in the Spurs family, since the franchise is valued at $1.8 billion. That said, I didn’t let the Rooneys own the Riverhounds based on the Steelers’ value and it felt wrong to change the rules, so bring on Clear Channel co-founder Red McCombs. Toyota Field isn’t viable in the first division, but for the Alamodome, which was built in 1993 in hopes of attracting an NFL franchise (and never did), San Antonio can finally claim having *a* national football league team in its town (contingent on your definition of football). Now if only we could do something about that turf…
Candidate: San Diego Loyal SC
Location: San Diego, Calif. (3,317,749)
Time zone: Pacific
Stadium (playing surface, capacity): SDCCU Stadium (formerly Qualcomm) (Grass, 70,561)
Potential owner: Phil Mickelson (reported net worth $91 million)
Notes: Yes, golf’s Phil Mickelson. The existing ownership group didn’t seem to have the wherewithal to meet requirements, and Phil seemed to slot right in. As an athlete himself, he might be interesting in the new challenges of a top flight soccer team. Toss in a move to the former home of the chargers and you might have a basis for tremendous community support.
Candidate: FC Tulsa
Location: Tulsa, Okla. (991,561)
Time zone: Central
Stadium (playing surface, capacity): Skelly Field at H.A. Chapman Stadium (FieldTurf, 30,000)
Potential owner: George Kaiser ($10 billion)
Notes: I’m a fan of FC Tulsa’s rebrand, but if they want to make the first division, more changes are necessary. A sale to Tulsa native and one of the 100 richest men in the world George Kaiser means that funding is guaranteed. A move to Chapman Stadium would provide the necessary seats, despite the turf field. While the undersize population might be an issue at first glance, it’s hard to imagine U.S. Soccer not granting a waiver over a less than a 10k miss from the mark.
And that’s it! You made it. Those are all of the independent/hybrid affiliates in the USL Championship, which means that it’s time for our…
VERDICT: As an expert who has studied this issue for almost an entire day now, I am prepared to pronounce which USL Championships could be most ‘ready” for a jump to the USL Prem. A reminder that of the 27 clubs surveyed, 0 of them met our ideal criteria (proper ownership $, metro population, 15,000+ stadium with grass field).
Two of them, however, met almost all of those criteria: Indy Eleven and Miami FC. Those two clubs may use up two of our three available turf fields right from the outset, but the other factors they hit (particularly Silva’s ownership of Miami) makes them difficult, if not impossible to ignore for the top flight.
But who fill in the rest of the slots? Meet the entire 14-team USL Premier League:
Hartford Athletic
Indy Eleven
Louisville City FC
Miami FC
North Carolina FC
Pittsburgh Riverhounds SC
Tampa Bay Rowdies
Saint Louis FC
San Antonio FC
New Mexico United
Phoenix Rising FC
Las Vegas Lights FC
Orange County SC
San Diego Loyal SC
Now, I shall provide my expert rationale for each club’s inclusion/exclusion, which can be roughly broken down into four categories.
Firm “yes”
Hartford Athletic: It’s a good market size with a solid stadium. With a decent investor and good community support, you’ve got potential here.
Indy Eleven: The turf at Lucas Oil Stadium is no reason to turn down a 62,421 venue and a metro population of over 2 million.
Louisville City FC: Why doesn’t the 2017 & 2018 USL Cup champion deserve a crack at the top flight? They have the market size, and with a bit of expansion have the stadium at their own SSS. LCFC, you’re in.
Miami FC, “The”: Our other blue-chip recruit on the basis of ownership value, market size and stadium capacity. Yes, that field is turf, but how could you snub Silva’s chance to claim victory as the first division 1 club soccer team to play in Miami?
Pittsburgh Riverhounds SC: Pittsburgh sacrificed a lot to be here (according to my arbitrary calculations). Their market size and the potential boon of soccer at Heinz Field is an important inclusion to the league.
Saint Louis FC: Willie hears your “Busch League” jokes, Willie don’t care. A huge market size, combined with the absence of an NFL franchise creates opportunity. Competition with the MLS side, sure, but St. Louis has serious soccer history and we’re willing to bet it can support two clubs.
Tampa Bay Rowdies: With a huge population and a massive stadium waiting nearby, Tampa Bay seems like too good of an opportunity to pass up for the USL Prem.
Las Vegas Lights FC: Ostentatious, massive and well-financed, Las Vegas Lights FC is everything that the USL Premier League would need to assert that it didn’t intend to play second fiddle to MLS. Players will need to be kept on a short leash, but this is a hard market to pass up on.
Phoenix Rising FC: Huge population, big grass field available nearby and a solid history of success in recent years. No brainer.
San Diego Loyal SC: New club? Yes, massive population in a market that recently lost an absolutely huge sports presence? Also yes. This could be the USL Prem’s Seattle.
Cautious “yes”
New Mexico United: You have to take a chance on New Mexico United. The club set the league on fire with its social media presence and its weight in the community when it entered the league last season. The market may be slightly under USSF’s desired 1 million, but fervent support (and the ability to continue to use Isotopes Park) shouldn’t be discounted.
North Carolina FC: Carter-Finley’s mixed grass/turf surface is a barrier, to be sure, but the 57,000+ seats it offers (and being enough to offset other fully-turf offerings) is enough to put it in the black.
Orange County SC: It’s a top-tier club playing in a MLB stadium. I know it seems unlikely that USSF would approve something like that, but believe me when I say “it could happen.” Orange County is a massive market and California likely needs two clubs in the top flight.
San Antonio FC: Our third and only voluntary inclusion to the turf fields in the first division, we’re counting on San Antonio’s size and massive potential stadium to see it through.
Cautious “no”
Birmingham Legion FC: The town has solid soccer history and a huge potential venue, but the turf playing surface puts it on the outside looking in.
Memphis 901 FC: Like Birmingham, not much to dislike here outside of the turf playing surface at the larger playing venue.
Austin Bold FC: See the other two above.
FC Tulsa: Everything’s just a little bit off with this one. Market’s slightly too small, stadium has turf. Just not enough to put it over the top.
Firm “no”
Charleston Battery: Small metro and a small potential new stadium? It’s tough to say yes to the risk.
Charlotte Independence: A small new stadium and the possibility of having to compete with an organization that just paid over $300 million to join MLS means it’s best for this club to remain in the USL Championship.
Colorado Springs Switchbacks FC: When a club’s best chance to meet a capacity requirement is to host games at a venue controlled by the military, that doesn’t speak well to a club’s chances.
El Paso Locomotive FC: An undersized market and a turf field that meets capacity requirements is the death knell for this one.
Oklahoma City Energy FC: Having to expand a baseball field to meet requirements is a bad start. Having to potentially play 20 miles away from your main market is even worse.
Reno 1868 FC: Population nearly a half-million short of the federation’s requirements AND a turf field at the hypothetical new stadium makes impossible to say yes to this bid.
Rio Grande Valley FC: All the seat expansions in the world can’t hide the fact that McAllen Memorial Stadium is a high school stadium through and through.
Here’s who’s left in the 11-team Championship:
Birmingham Legion FC
Charleston Battery
Charlotte Independence
Memphis 901 FC
Austin Bold FC
Colorado Springs Switchbacks FC
El Paso Locomotive FC
Oklahoma City Energy FC
Reno 1868 FC
Rio Grande Valley FC
FC Tulsa
With MLS folding the six affiliates it has in USL League One, the league is a little bit thin (especially considering USSF’s requirements for 8 teams for lower level leagues), but seems definitely able to expand up to the necessary numbers with Edwards’ allusions to five new additions this year:
Chattanooga Red Wolves SC
Forward Madison FC
Greenville Triumph SC
Union Omaha
Richmond Kickers
South Georgia Tormenta
FC Tucson
Format of Assorted Leagues – This (like everything in this post) is pure conjecture on my part, but here are my thoughts on how these leagues might function in a first year while waiting for additional expansion.
USL Premier – We’ll steal from the 12-team Scottish Premiership. Each club plays the other 11 clubs 3 times, with either one or two home matches against each side. When each club has played 33 matches, the top six and bottom six separate, with every club playing an additional five matches (against each other team in its group). The top club wins the league. The bottom club is automatically relegated. The second-bottom club will enter a two-legged playoff against someone (see below) from the championship playoffs.
USL Championship -- 11 clubs is a challenge to schedule for. How about every club plays everyone else three times (either one or two home matches against each side)? Top four clubs make the playoffs, which are decided by two-legged playoffs. The winner automatically goes up. I need feedback on the second part – is it better to have the runner-up from the playoffs face the second-bottom club from the Premiership, or should the winner of the third-place match-up get the chance to face them to keep drama going in both playoff series? As for relegation, we can clearly only send down the last place club while the third division is so small.
USL League One – While the league is so small, it doesn’t seem reasonable to have the clubs play as many matches as the higher divisions. Each club could play the other six clubs four times – twice at home and twice away – for a very equitable 24-match regular season, which would help restrict costs and still provide a chance to determine a clear winner. Whoever finishes top of the table goes up.
And there you have it, a hypothetical look at how the USL could build a D1 league right now. All it would take is a new stadium for almost the entire league and new owners for all but one of the 27 clubs, who wouldn’t feel that their property would be massively devalued if they got relegated.
Well that’s our show. I’m curious to see what you think of all of this, especially anything that you think I may have overlooked (I’m sure there’s plenty). Anyway, I hope you’re all staying safe and well.
submitted by Soccervox to USLPRO [link] [comments]

Online gambling legislation and regulation. Starting your own gambling product.

Online gambling legislation and regulation. Starting your own gambling product.

Mobile gambling
If you plan to develop an app with the ability to deposit and withdraw real money, then such a product automatically falls into the category of gambling and you will need to license your business for successful operation.
Mobile and Web Based Apps
So let’s talk about the different kinds of online gambling apps available on web and mobile. We’ll be covering both free-play gaming apps and real money casino app games you can find for iOS, Android devices and web browsers.
Mobile gambling is more common for poker, casino, bingo, and skill games. They have advantages in terms of a low barrier to enter the market, instant liquidity, product knowledge, and marketing expertise, minimal infrastructure costs, and the ability to bring a brand to the market quickly. Consequently, this form of gambling does not sit neatly with jurisdictional boundaries. Multiple gambling opportunities are available, including betting on various events and markets, in a relatively simple format. Gambling products can also be integrated into betting on television shows or virtual racing and sports games as well as offering lotteries, bingo, poker and casino games.
Most Popular Gambling Apps
Sports betting, casino, poker and lotteries are the most popular forms of online gambling. However, other forms are available too. These include the following: Bingo, slot machines, different card games, roulette and other game of chance. One of the best things about online gambling and betting apps is the number of choices you have.

Sports Betting

Betting means making or accepting a bet on the outcome of a race, competition, or other event or process, the likelihood of anything occurring or not occurring, or whether anything is or is not true. Today most sports betting is done via mobile-friendly sites and apps.
Today most sports betting is done via mobile-friendly sites and apps.
The introduction of live betting for sports like soccer and tennis means that bettors who are sitting inside stadiums watching games can now pick up their mobile devices and find real-time betting value with the best sports gambling apps. This has really unlocked a door to the future of sports gambling and the popularity of online gambling apps.

Poker

Many sites offer free poker, where no real money is wagered, although in some cases players can accumulate credits that can be exchanged for prizes. This is the case why people are going to play for real money. There is an ongoing debate over whether poker should be classified as a game of chance or skill. The parameters of legal poker playing are still unclear and differ between jurisdictions. Since you are not gambling with money, I’m pretty sure under the law it’s just a video game for now.

Blackjack

Blackjack is the game of choice to many high-rollers and do you know why? Because blackjack is a challenging, logic and skill-based game where your thinking, strategy, and calculations determine the outcome of the game.

Bingo

Bingo is one of the most popular and socially accepted games in the world. Bingo is a traditional form of gambling that has seen considerable innovation in recent years. It is also the only form of gambling recognized in the Gambling Act that does not have a specific statutory definition, the Act providing simply that “bingo” means “any version of that game, irrespective of by what name it is described”. Bingo must be played as an equal chance game. For game to be classed as “bingo” it must meet the Act’s definition of “equal chance gaming” (as opposed to casino gaming). Thus, it: must not involve playing or staking against a bank, and must be a game in which the chances are equally favorable to all participants in the sense that each ticket or chance has the same probability of success as any other.
Licensed bingo is a well-regulated and socially responsible form of gambling that takes place in a safe environment. Many sites offer multiple forms of bingo with different features, types of games, and costs of play. These sites often cater specifically for women and some research suggests that they may appeal to markets who would not typically engage in traditional forms of gambling.

Slots

Slot machine is one of the most beloved game among the gambling community and it has been a part of the industry for a long time. They provide fun and entertainment and their simplicity allows gamers to start playing at once. This can play out in different ways depending on the machine you’re playing. For instance, there’s Pick a Fortune, a five-reel, 20 line game that puts players right in the studio of a television game show, including the potential to play a Deal or No Deal-style bonus round. A super trend over the past few years is mobile-friendly slot games. These apps and websites were developed to enable players to enjoy their favorite games on their smartphones at any time. Another dominant slot trend is licensed branded slots that are based on popular movies, television, and musicians.
Virtual Money vs Real Money
Let’s find out the difference between social gambling and real money gambling, as well as the differences between gambling through apps and gambling through a web browser. It can be quite confusing trawling through all the casinos, slots, and lotteries available, both through your mobile web browser as well as through mobile app stores, in the form of downloadable apps.

Virtual money

The main difference between virtual money and real money gambling is that the in-game virtual currency in social games and gambling-type games is used only like credits that are not paid out as winnings or anything given to player in cash, making these games exempt from gambling regulations.
Virtual money is loaded on user game accounts via in-app purchases in mobile applications or the game balance funding from a card via web based applications.

Real money gambling

Real money gambling via your mobile device is only allowed in countries where laws have been passed that allow for this type of gambling online, or there are no laws in place that prevent it. The payment systems are the legal way of services payment in the gambling app, performing as the intermediary between the gambling facility and the client. With their help, users replenish deposits and withdraw funds to personal accounts in financial institutions. If the application uses the payment system of a well-known brand, that gives players additional confidence in the resource. Nowadays, there is a wide range of payment systems, some of which operate all over the world, other systems are oriented towards the citizens of one or several countries. A number of services accept money of different world currencies, while others allow currency transactions of one state only.
What is an Online Gambling Licensing
The internet has a global audience, there’s no single piece of legislation that covers the legality of online gambling for the entire world. Mobile gambling doesn’t typically accept customers from every single country in the world. It often focuses on certain specific regions.
Instead, most countries have their own local laws that deal with the relevant legal and regulatory issues.
Ultimately, questions of legality all go back to the location of the casino or where the website operates out of. In closed regulatory systems, such as Italy, France, and the Netherlands, licenses, and advertising rights are limited to domestic providers, which must be located within their country’s geographical boundaries and these are only permitted to offer some types of products. Some jurisdictions, for example, Norway, Sweden, and Canada legalize and regulate online gambling, but this is limited to a single site that is owned by the government. Under such an approach, the government becomes the operator and regulator and all revenues are returned to the government.
Remote gambling is generally permitted. That means that an operator that is licensed may provide gambling services to citizens in the country via all forms of remote communication (and using equipment that may be located in the country or abroad). Equally, a remote operator may be licensed to offer gambling services to citizens in any jurisdiction in the world using equipment located in the country. The law provides that, for each type of gambling (betting, gaming, and participating in a lottery), there will be two forms of license available: remote and non-remote forms (land-based). If you provide facilities for remote gambling, online or through other means, and advertise to consumers you will need a license from the licensing jurisdictions or local licensing authorities. Before an online gambling site signs up its first customer, before it accepts its first bet before the first card is dealt, it must be licensed by a recognized governmental entity.
Certain regions in the world have specific legislation in place that allows them to license and regulate companies that operate online gambling sites or provide industry services (such as the supply of gaming software). These regions are referred to as online gambling jurisdictions or licensing jurisdictions.
Depending on what type of entertainment you are going to implement in your internet establishment, you will have to apply for the corresponding permissions. Online gambling laws in Europe vary from one country to the next. The industry is well regulated in some countries and less so in others. There are several online gambling jurisdictions located in Europe. Some of these are members of the European Union (EU), and thus subject to the various rules and regulations of that body, while others are independent. Each of these jurisdictions has an authority that’s responsible for approving gambling sites for licenses that enable them to offer their services legally. They also regulate their licensees.
Countries that Provide Gambling Licensing
Today there are lots of licensing jurisdictions located all over the world and offering different terms for their customers. Depending on the country, licenses can be local, international (distributed in several countries), have a different set of documents for registration, costs of registration and further support, various operating conditions and other special details.

Which gambling license is both internationally recognized?

The government of Ireland offers casino operators, software, and service providers in the gambling industry, with a gambling license that allows gambling operators to conduct business related to casino, lotto, and other gaming-related activities. Ireland Gambling License is one of the most popular license for online casinos worldwide. Ireland has long been recognized as one of the preferred locations for Online Gambling operators to base their operations. This success has been due to a combination of factors, such as a progressive legislative system, political stability, first-rate telecommunications facilities, and a well established financial services industry. A wide range of gambling sites operates out of Ireland including sports betting, casino sites, poker, bingo, and more.
In stark contrast, the UK is the largest regulated market for online gambling in the world, and corporations are already comfortable exploiting the intersections of gambling and gaming, betting in-play, social gaming, Bitcoin, financial trading and spread betting, betting exchanges, e-sports and, most profitably, mobile gambling. 40% and 60% of online gambling in the UK took place in Gibraltar.

International licensing

Europe is home to the following online gambling jurisdictions: Alderney, Gibraltar, Isle of Man, Malta. Malta is currently the country that is most accommodating to gambling companies, and the license offers whitelisted online gambling in sports and casino games in many European territories. But takes an extreme amount of time in paperwork and background checks. Also, you pay 5% of all your gross profit to the EU.
Among countries offering gambling licensing services, the attention should be paid to Curaçao jurisdiction, which is considered to be one of the most promising for the online gaming business.
Curaçao Internet Gaming Association (also known as Curaçao eGaming) is both a regulator and a licensor, and its licensing works worldwide except Curaçao itself, USA, France and Netherlands. Using Curacao as an example, let us examine in detail the process of obtaining a license, the necessary documents and expenses.
How to get a License on Curaçao
  • Documents necessary for company registration:
  • criminal record;
  • passport scans;
  • bank account confirmation;
  • documents proving payments for utility services.
After the company is registered, an operator can apply for the license providing the following documents:
  • a document certifying the right of domain possession;
  • description of games planned to be used in the project;
  • a list indicating countries of potential operation;
  • illustration of server locations to be used in the project;
  • a copy of the agreement with a software provider.
Gambling license cost:
  • Bank account opening $1000
  • Company registration $3600
  • Company management per year $3600
  • Application processing fee $1000
  • License fee per year $4800
  • Equipment/software fee starting from $1500
  • Server maintenance per year $6000
Apart from that pay for technical support and maintenance every year. The entire license issuing process takes between 2-4 weeks. Curacao Internet Gaming Association (CIGA) also has the power to review a license and, if it finds that an operator has breached a license condition, has the power to impose a range of sanctions including revocation of the license.
Apple and Google Gambling Rules
You’ll be surprised at the limited number of real money gambling app options available on the AppStore and Google Play Store. Most real money casino gaming is done through gambler’s mobile web browsers and not through mobile gambling apps that you’ll find for iPhone and Android phones. Apple allows online gambling applications in a few forms, and not just in places where it is explicitly permitted. They do not allow any payments through the applications – those have to be done on the websites. Apple has far stricter developer guidelines for iOS apps than Google does for Android apps, so it’s fine to assume that whatever you choose to download from iTunes is usually safe, secure, and meets a certain standard.
Any real money casino in the iTunes app is required to have proper licensing and permissions before Apple will approve the app for use or downloads. While Google Play is technically regulated, it is much more loose in what can be hosted.

Apple Store

Gambling, gaming, and lotteries can be tricky to manage and tend to be one of the most-regulated offerings on the App Store. Apple has rules for apps that support real money wagering, including sports betting and poker. Those apps and lotteries must have necessary licensing and permissions in the locations where the App is used, must be geo-restricted to those locations, and must be free on the App Store, and Apple rate even simulated gambling apps as appropriate only for users 17-years-old and up.

Play Store

Google keeps the reigns tight. To be able to successfully upload apps to the Google Play store, developers need to have a valid license for the specific countries they are targeting and comply with their regulations. The app must be free to download and must prevent under-age users from gambling in the app. As a final precaution, all gambling apps are required to display prominent information regarding responsible gambling practices. This brings its policy in line with the Apple App Store.
Countries where gambling is illegal
It is also important to remember that while gambling is growing rapidly in many places, in others it is totally or partially prohibited. As well as in the majority of the US, sports betting is illegal in India, Pakistan, and China, three of the largest gambling markets in the world. Most countries have rules against gambling. Almost all Islamic countries prohibit gambling of every kind, but many turn a blind eye to online gambling or simply do not have regulations in place for this grey area.
In the United Arab Emirates, however, any kind of gambling is prosecuted. National lotteries are the only legal forms of wagering on the Asian country’s mainland. Cambodia, North Korea strictly forbids online and offline gambling amongst its own citizens but allows tourists to participate in these activities.
Qatar is the strictest country of all when it comes to gambling laws. All forms of gambling activities are considered illegal, and even sports betting is not permissible.
Starting your own gambling product
Numerous online casino platforms in the market offer fantastic casino games like bingo, poker, roulette, and many more.
If you have an idea, but don’t know where to start, we advise you begin with a Minimal Viable Product (MVP) to pilot your proof of concept for investors. MVP spotlights your core features and lets your investors know there are bigger and better things to come.
For MVP you do not need a large team, just a few people are enough to create a fully functioning prototype. In the case of successful numbers of your prototype, the further development of a full-fledged product will require more team, resources and time, however you will be sure that your development and your costs will pay off.
submitted by Fgfactory_ua to gamedev [link] [comments]

Leo Vegas Canada 200 free spins and $1000 welcome bonus

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Leo Vegas Casino has a lot of payment options to choose from. They have all the most often used bank transfers for Canadians (bank wire transfer, Interac, iDebit, Visa, Mastercard). Also, deposits are instant with every payment method, and withdrawals are relatively quick for all the payment methods. Also, Casino LeoVegas is not a PayPal casino.
However, you’re not able to deposit with cryptocurrencies at LeoVegas Casino. If you want crypto money deposit options, Bitstarz is the best online casino for that. What’s best, we have an Bitstarz bonus promotion for Canadian online players.
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Leo Vegas Casino Review

If you like mobile casino games, Leo Vegas is the best online casino for you. LeoVegas Casino reviews online can be misleading, so please make sure you only trust credible sources like Bonus.ca.
Leo Vegas is the best mobile casino we’ve come across, and that’s a fact. Playing at LeoVegs is fun and easy. You can test the site yourself risk-free by signing up and playing demo for free. If you like what this real money casino has to offer, you’ll get more money to play with when you register your casino account from Bonus.ca.

Leo Vegas – King of Mobile Casinos

Leo Vegas has from the start concentrated on mobile online gambling. You can play all its top casino games on modern mobile devices. Supported devices include all iPhones and iPads, as well as Android phones and tablets. Even Blackberry and Windows phones and tablets are ok. For Android, there’s an optional LeoVegas mobile casino app for mobile gaming. Other than that, there’s no need for casino apps to jump into action on LeoVegas mobile devices.

Leo Vegas Mobile App

You don’t need an app to play.. So, if you have an iPhone, you simply gamble at Leo Vegas’ website. For Android phones and tablets, LeoVegas has an optional app you can download by following instructions you’ll find after registering at the Leovegas mobile casino. However, most players skip downloading the app. It’s a bit cumbersome as it requires changing a couple of Android’s standard settings. Especially as playing on a mobile device works equally well.
Usually, our bonus experts stay with one mobile casino for a couple of days to find out whether there are kinks in the mobile experience. But, we realized LeoVegas is pretty damn good when we noticed our experts had had accounts at LeoVegas for months. The draw here is that besides being technically perfect for Android and Apple devices, the mobile casino has big promotions for existing players. These promos are bound to make you pop back to Leo to play your free spins and other real money casino bonuses.
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Game Responsibly at Leo Vegas Canada

Leo Vegas uses 2048-bit SSL encryption technology. This ensures the best protection of all personal and financial data that you pass on to them. LeoVegas makes sure that you can 100% trust their online casino site, and you feel safe and secure. Just like in all trustworthy casinos, all the LeoVegas casino games from Casino Holdem to Jackpot slots are tested with Random Number Generator (RNG) randomness, and like all trustworthy casinos.
Responsible Gaming is something LeoVegas has taken into account. You can set an account, time, and deposit limits. These are essential tools in ensuring players conduct themselves within their means. You can contact LeoVegas Help Center that has a Live Chat available 24/7 that is eager to help you on anything responsible gambling, games at LeoVegas, or anything else you have in your mind.

Leo Vegas: Award-Winning Mobile Casino

LeoVegas online casino has been rewarded with multiple awards. LeoVegas is already a winner of:
  • ‘Online Casino of the Year’ Global Gaming Awards in 2019
  • ‘Operator of the Year’ EGR Nordics Awards 2018
  • ‘Online Casino Operator of the Year’ International Gaming Awards 2017
  • ‘Mobile Operator of the Year’ & ‘Nordic Operator of the Year’ EGR Nordic Awards 2016
Leo Vegas is reviewed by the UK Gambling Commission and Malta Gaming Authority. If you ever come across with problems, LeoVegas is a responsible casino operator. They have a live chat available at their casino site. Also, you can contact customer support via online or use the chatbot they have on-site. If you prefer talking with a real person, you can contact their 24/7 Customer Support team via email.
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Sportsbook  Inside Unibet What is Against the Spread and Spread Betting. How do betting odds work?  Number Hub (Ep 17)  Head Squeeze Point Spread Betting Explained: Sports Betting 101 NY casino planning to offer sports betting

Sports betting are just characterized as betting on the event of an occasion; if the given occasion the bettor wins if not he loses the bet. Sports betting are a well known past-time everywhere throughout the world; in certainty it is profoundly established in the way of life of practically all developments. Don't let the numbers at the sports books confuse you. Learn all the basics to sports betting on this page along with a few advanced methods. This guide is provided for informational purposes only. This is not a betting site. Auto racing. Betting on auto racing has exploded in popularity in Vegas in recent years, and its appeal continues to grow. With opportunities to bet and win at any time of the day or night, virtual sports are taking the online betting world by storm. When you consider the popularity of sports simulation games such as Madden, FIFA and NBA 2K, it is no surprise that virtual sports betting has struck a chord with sports fans. How the Odds Work. What’s great about sports betting is that the odds make it so that betting on the favourite is just as risky as betting on the underdog and vice versa. The money line shows how much you stand to win with a $100 bet. For example, if the money lines are +110 and -110(very common), you would win $110 on a $100 bet. Spending the day at a sportsbook is one of a handful of things every sports bettor should do while visiting Las Vegas. However, while bettors may be familiar with wagering online, many may still not know or understand the nuances and rules about betting at brick-and-mortar casinos.

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Sportsbook Inside Unibet

Sports Betting 101: How to Place a Bet at a Sportsbook - Duration: 2:53. WagerTalk TV: Sports Picks and Betting Tips 28,472 views. 2:53. Sports Betting: Billy Walters - Duration: 13:30. Sports Betting Explained: Pros vs Joes (Sharp Sports Betting vs Square Sports Betting) - Duration: 8:21. WagerTalk TV: Sports Picks and Betting Tips 44,815 views 8:21 How does sports betting at Unibet work? See the video for explanation of odds compiling, pre-match and live betting, payback and risk management. How does spread betting work? ... How to Read Sports Betting Odds: American, Fractional, ... 8 Things To Never Do In A Casino! - Duration: 26:38. Learn about Spread Betting and what Against the Spread means in this video from the Odds Coach.Follow the link below for a written article on the topic. Link...