Casino Fuel Pawnshop's Growth

Pawnshop is a lesser evil to the payday loan firm. They fuel gambling addiction. Being fueled to reach the status of a financial powerhouse, many will bow to it like they bowed to the casino.

This article studies the success of pawnshops. Unfortunately pawnshops had been flourishing if there is a nearby casino in their vicinity.

All the public did was stand in awe in admiration of their progress when these firms become public listed companies. Nobody would stop to question that they had thrived on the ill fortune of others. The public did the same with the casino and now they are doing the same for pawnshop without realizing it was blood money that gave pawnshop their status.

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Unshuffled Cards Used at Casinos

In the past 3 years, there were two cases of unshuffled cards being used in the game. Both cases were for baccarat and took place in Atlantic City, New Jersey.

The court decision for the last case was out of expectation for those who had followed it since April 2012.

Casino employees are good at spotting an unshuffled deck because randomness of any card games to give the casino an edge over gamblers.

If committing this error is unforgivable, then not being able to spot this mistake is totally absurd.

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Soccer Bookies Recruits Students as Junkets

The sports betting segment commands a large chunk of the market share in the gaming and wagering industry. Bookies recruit students as their junkets as FIFA kicks off this Friday. I covered two cases of bookmakers roping students for job in Malaysia and Thailand.

Based on guidelines compiled by the of the American Psychiatric Association's sports bettors had the potential of getting themselves into heavy debt due to their skill in predicting the outcome of games.

Sports betting require some skills. Knowledge of the game and the teams would help in predicting the winner. This knowledge sometimes creates an overconfidence in sports bettors which may not necessary be helpful.

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Ban on Advantage Players Abused

With Ben Affleck banned card counting and Phil Ivey sued for edge sorting, advantage players are getting the spotlight. With another two gaming companies banning gamblers, the casino's cowardice is starting to show.

William Hill, a bookmaker in UK, banned John Harrison from all their outlets in the country based on the "review of trading arrangements". Their spokesman had put forth a weak excuse to justify the ban on Harrison.

The Palms Resort & Casino closed their doors to Dana White by reducing his limit from $25,000 a hand to $5,000. This happened because White swipe about $2 million off the casino. White declares that he is not a card counter.

Guerrilla Gambler had taken the two cases to predict the emerging trend of casinos banning gamblers on his blog. I examined the impact of this trend on my website.

Rewriting Gambling Tales

After running XingCai Gambling Tales for a year, I had rewritten the home page. It highlights my current stand on gambling and the new challenges in commenting on gambling stories. Here is the link.

In view of the changing conditions, I am always tempted to change the name to "Classic Gambling Tales". By changing the url, there will be a lot of broken links and it would be best to keep it as it was. Perhaps, I would just change the logo picture and the banner.