Category Archives: Gambling

NORFOLK, Va. (WAVY) For the second time this month, Norfolk police have charged individuals in connection with alleged illegal gambling at a local vape business.

According to a Norfolk police news release, investigators executed a search warrant around 10:50 a.m. Thursday at Dragon Vapes, at 846 E. Little Creek Road, after receiving reports about illegal gambling at the business.

After the search at the business, detectives charged two people with gambling-related offenses and seized illegal gaming stations, computers, and more than $5,000.

Jimmie W. Hicks Jr., 55, of Advance, North Carolina, is charged with possessing illegal gambling devices.

Monika S. Torrence, 35, of Norfolk, is charged with being an accessory to gambling activity.

Norfolk police said the departments Anti-Crime Division is working to crack down on illegal gambling in the city.

Dragon Vapes was one business mentioned in a 10 On Your Side investigation last month about illegal gambling.

On June 23, 2020, Norfolk City Council voted to deny the businesses conditional use permit for operate as commercial recreation centers with skill games.

As of Feb. 1, 10 On Your Side witnessed the shop and two others in Norfolk open for business. All three could not be found on the statesskill machine database. Calls to the applicant Jeremey Jones seeking comment were not returned.

On March 3, police executed a search warrant at Lucky Vape Lounge located at 1202 E. Little Creek Road.

Two people were charged in that incident: Ann P. Baker, 53, of Portsmouth, and Major J. Riley III, 64, of Chesapeake, are charged with possessing an illegal gambling device.

Police said they seized multiple illegal gaming stations, computers, and approximately $1,600 from Lucky Vape Lounge.

Anyone with information is asked to call the Crime Line at 1-888-LOCK-U-UP (1-888-562-5887) or submit a tip online.

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Norfolk police continue crackdown on illegal gambling; 2nd vape shop charged this month - WAVY.com

The Andrews Labor Government, via the Victorian Responsible Gambling Foundation, will invest AU$600,000 (US$460,000) in new research to examine the impact of Covid-19 on gambling harm.

The funding will come from round 11 of the organisations annual Grants for Gambling Research Program, with the theme of the round to be centred around Gambling in Victoria in 2020 - Covid-19 and beyond.

We know that throughout the pandemic and the associated lockdown, some Victorians benefitted from an enforced break from in-venue gambling, while others found it incredibly challenging, said Melissa Horne, Minister for Consumer Affairs, Gaming and Liquor Regulation.

To be able to plan and respond to gambling harm effectively, we need to know how COVID-19 affected gambling behaviours. This funding will be incredibly beneficial in understanding how those vulnerable to gambling were impacted by the pandemic.

The implications for associated behaviours and harm will also be analysed, with investigative grants of AU$150,000 over three years to be awarded to three separate research projects. Two mid-career researcher grants of AU$100,000 over two years have also been awarded, as well as an early career researcher grant of AU$50,000 over 18 months.

Victorian Responsible Gambling Foundation CEO Shane Lucas added: The most recent publicly available data shows online race and sports betting increased by 30% compared to the same period the year before. Its critical we understand and learn from these changes in gambling behaviour.

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Victorian Responsible Gambling Foundation to investigate impact of Covid-19 on gambling harm - Gambling Insider - In-depth Analysis for the Gaming...

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SoftSwiss is delighted to announce that the companys Game Aggregator has now received a B2B licence from the Malta Gaming Authority (MGA). Its a major milestone for SoftSwiss allowing to expand the reach of the Game Aggregator even further within Maltas jurisdiction, but also strengthening partnerships with the companys existing clients.

The Malta Gaming Authority is one of the most renowned gaming jurisdictions and licensing bodies in the world. It aims to make sure that all online operators are operating fairly, legally, responsibly, and with player safety in mind. Obtaining the MGA B2B licene will allow SoftSwiss to extend the reach of its Game Aggregator enabling new exciting partnerships with providers holding their own MGA gaming licence.

Consequently, from now on the SoftSwiss Game Aggregator is a great opportunity for MGA-licensed operators to enhance their game menu with thousands of fabulous games through the partnership with the proven technology provider.

Max Trafimovich, CCO at SoftSwiss noted: We are happy to receive the MGA B2B licence for our Game Aggregator solution. Its a significant step forward in our journey, which is opening new thrilling horizons for us. The MGA license is just another proof of the top-notch quality, security and transparency of our products and services, which will open the door to new long-term partnerships and will drive further business growth.

SoftSwiss Game Aggregator has been growing at an exponential pace. Today the solution brings together more than 70 best casino game vendors with over 11,000 popular games, 3,000 of which support crypto in-game. This extensive portfolio can be added to any gaming software platform through simple API integration. Furthermore, the solution has a unique customer service model, providing ongoing technical support, as well as a personal account manager with SoftSwiss. More than 80 White Label projects and 200 third-party websites are already partnering with the SoftSwiss Game Aggregator. The clients network includes such famous names as PokerMatch, 1xbet, Digitain, PinUp and many others.

About SoftSwiss:SoftSwiss is an international tech company supplying widely acclaimed, certified software solutions for managing iGaming operations. SoftSwiss holds a number of gaming licenses, providing a one-stop-shop white label solution by taking care of all technical, legal, and financial processes on behalf of its customers. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, an affiliate platform, and a recently launched Sportsbook platform. In 2013 SoftSwiss was the first in the world to introduce a bitcoin-optimized online casino solution. The company has thus been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

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Ukraine's SBU Closes More Than 30 Illegal Gambling Operations This Month - European Gaming Industry News

CUMBERLAND Cumberland-based AHEC West is partnering with the Maryland Center of Excellence on Problem Gambling to help increase public awareness of the risks of gambling, especially among young people exposed like no previous generation to the lure of betting.

The centerpiece of the promotional campaign is a contest among youth-participants in the ECHO program Exploring Careers in Health Occupations to develop an informational video about gambling targeted at their high school peers.

A program of the University of Maryland School of Medicine, funded by the states Problem Gambling Fund and monitored by the Maryland Department of Healths Behavioral Health Administration, the Maryland Center of Excellence on Problem Gambling was established in 2012 in the wake of the states approval of casino gambling to promote responsible gambling, bring awareness to the risks of gambling and provide resources for help and recovery for those struggling with problem gambling/gambling addiction.

Nearly 10 years later, the explosive growth of online gaming including poker, fantasy sports leagues and daily sports wagering has made it easier than ever to gamble, and become addicted to gambling.

Referred to as remote gambling, these online games offer the same rush as the turn of a roulette wheel, but from the convenience and comfort of home.

According to National Center for Responsible Gaming, more than 80% of Americans gamble at least once per year, playing the lottery, visiting a casino, or wagering on sports. Up to 5% develop a gambling problem.

Teens are especially prone to games of chance. However, with the median age-of-onset of problem gambling occurring at 23, intervention in the teen years can help prevent a youthful flirtation from developing into a compulsive, destructive addiction. According to the Youth Risk Behavior Survey, administered in Maryland high schools in 2018, 22% of high school students had gambled in the last year. Males gambled more than females, with 31% of males reporting gambling in the last year.

This is a period when youth are experimenting with gambling, but perhaps have not yet developed extreme gambling behaviors, said Howard Shaffer, an associate professor at Harvard Medical School and director of the schools Division on Addictions. An intervention might help divert the development of risky gambling behavior during this vulnerable time.

Under the partnership between AHEC West and the Maryland Center of Excellence on Problem Gambling, students in the ECHO program will be challenged to produce a video explaining problem gambling and providing a strategy to deter it. Scholarships will be awarded for the top three entries.

Were very excited about this partnership, said AHEC West Executive Director Susan Stewart. Problem gambling is a serious issue and we want to provide our youth and adults in the region with every available tool to help prevent this disorder from controlling their lives.

In addition to the ECHO activity, AHEC West will also host a webinar for health care professionals on problem gambling, distribute digital flyers through email, and include gambling in opioids-related peer counseling programs provided through the Healing Allegany initiative.

Mary Drexler, program director for the Maryland Center of Excellence on Problem Gambling, said the partnership with AHEC West will help raise awareness throughout Western Maryland. Although youth gambling is illegal in Maryland (age 18 for lottery play; 21 for casino entry), the 2018 Youth Risk Behavior Survey shows that 28% of 12th graders in Garrett County, 19% n Allegany County, 19% in Frederick County, and 16% in Washington County have gambled in the last year, Drexler said. Peer to peer messaging is the most effective way to bring awareness that there are risks to gambling and how to prevent gambling from becoming a problem.

The Maryland Center of Excellence on Problem Gambling (the Center) is a program of the University of Maryland School of Medicine and funded by the Maryland Department of Healths Behavioral Health Administration.

The Center promotes healthy and informed choices regarding gambling and problem gambling through public awareness, training and education, prevention, technical assistance to the behavioral health care system, peer recovery support, research and public policy.

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AHEC West partners with the Maryland Center of Excellence on Problem Gambling - Cumberland Times-News

After serving a suspension that ran for nearly 16 months, former Cardinals player Josh Shaw has finally been reinstated by the NFL. The league hit Shaw with a lengthy suspensionback in November 2019 after he was caught gambling on an NFL game.

Under terms of the suspension, Shaw was forced to miss the rest of the 2019 season and the entire 2020 season, which means he ended up being banned for a total of 21 games. Betting on football might be legal in most of the country right now, but it's definitely still against NFL rules and Roger Goodell made that clear when he announced Shaw's suspension.

"The continued success of the NFL depends directly on each of us doing everything necessary to safeguard the integrity of the game and the reputations of all who participate in the league," Goodell said in November 2019. "At the core of this responsibility is the longstanding principle that betting on NFL games, or on any element of a game, puts at risk the integrity of the game, damages public confidence in the NFL, and is forbidden under all circumstances. If you work in the NFL in any capacity, you may not bet on NFL football."

Shaw was eligible to apply for reinstatement on Feb. 15, but the NFL didn't grant his request until Saturday.

Although it's unclear how much betting Shaw did, it is known that he bet onat least a Cardinals-Buccaneers game as part of a three-team parlay, and the fascinating part is that he actuallybet againstthe team he was playing for at the time. According to ESPN.com, Shaw, who was on injured reserve,was in Las Vegas for Week 10of the 2019 NFL season and he ended up betting on the Buccaneers to cover as a one-point second half favorite against Arizona. Although the Bucs were leading 17-13 at halftime, the Cardinals actually outscored Tampa Bay in the second half (14-13), which means Shaw lost the bet because the Buccaneers didn't cover the second half spread.

Even though he's been out of football for more than a year, it's possible that Shaw could still land somewhere this offseason. The defensive back started his career as a fourth-round pick of the Bengals in 2015 and ended up playing in 47 games with them over three seasons. In 2018, Shaw played four games for both the Buccaneers and Chiefs. During the 2019 offseason, he signed with the Cardinals, but didn't play a single game in Arizona. Shaw injured his shoulder during the Cardinals' preseason and was placed on injured reserve, which is why he had the free time to visit Las Vegas to gamble during the season.

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Suspended NFL player who got caught gambling on the Buccaneers gets reinstated after 21-game ban - CBS Sports

F

rom March 1, a negative PCR test allows citizens of Ukraine, Russia, Kazakhstan, Belarus, Armenia and Azerbaijan enter Georgia if travelling by air. However, prior to that, there were more strict entry requirements. Thus, foreign speakers, exhibitors, sponsors and guests of Georgia Gambling Conference were unable to plan their trips to Georgia in a timely manner in order to arrive at the event on the previously announced date.

Due to such circumstances, the conference is postponed till April 15. Thus, more visitors from abroad will be able to join the event. What to expect from the event?

Georgia Gambling Conference 2021 will bring together representatives of well-known gambling venues in Georgia, qualified lawyers, marketing and IT experts, as well as other specialists involved in the development and promotion of gambling business.

At the event, speakers will make insightful presentations, participate in a panel discussion, analyze real cases and answer questions from guests.

Experts who will speak at the conference include:

Sofia Karapetyan Head of Marketing at Tourinvest who has been working with marketing at Shangri La Casino Tbilisi, Casinos Austria International, Ambassadori Casino Tbilisi and Eclipse Casino Batumi. The expert will make a presentation Automation of communication with clients of low risk level.

Bryan Simcock General Manager at Casino Shangri La Tbilisi. An experienced gambling expertholding executive positions in casinos around the world for 35 years. At the conference, he will cover the topic Gambling tourism as an important indicator of the economic growth.

Maka Gorgadze CMO at Casino AdjaraPresentation: Increasing casino profits with integrating innovations. Ilya Machavariani a lawyer with extensive experience, Senior Partner at 4H consulting agency. The speaker will deliver a presentation on the topic Self-regulation, lobbying and legislation.

Peyvand Pourshaban Director of Radio Teflis, CEO at SEM SEO GroupAs part of his speech, Peyvand will cover the topic How to use Artificial Intelligence for InboundMarketing?

A full list of speakers and topics of their reports is available on the official website

Telegram chat for online networking

Join the Telegram chat for participants and visitors of Georgia Gambling Conference 2021 to start productive networking before meeting at an offline event. It unites speakers, exhibitors, sponsors and guests of the event.

In the group chat, you can introduce yourself, exchange contacts, discuss current industry news and learn about the latest updates to the conference program.

Special offer! One ticket two gambling events in Georgia and Ukraine

UGW will take place in Kyiv on March 23-24.

Special offer: From March 24 to March 31, use the personal GUBIN promo code from the speaker of the event Lavrenty Gubin and get a -40% discount on a Conference ticket. Program and registration atgeorgia.affiliate.events.

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Georgia Gambling Conference 2021 is rescheduled due to travel restrictions - Yogonet International

After sinking a five-footer to win the Arnold Palmer Invitational, Bryson Dechambeau headed into the winners press conference beaming. He was then asked a question about how the victory sets him up for the rest of the season, and responded with a slightly off-topic shoutout.

Yeah, well, its incredible, DeChambeau said. First off, I do want to say thanks to DraftKings. I think theres some people out there that may have won some stuff today. So that was really cool.

Thats perhaps the biggest star in golf not named Tiger Woods, openly talking about sports gambling, and no one batted an eye. Its not a surprise, really, when you see the DRAFTKINGS patch on his hat or his face in their advertisements.

Such is the new reality in golf, where a gambling revolution is fully underway. Since the Supreme Court overruled a federal law prohibiting sports betting in 2018, the PGA Tour has embraced the betting/fantasy sports space like never before. Its a remarkable shift from just a few years ago, when the Tour (and the other American sports leagues) essentially ignored the gambling universe entirely.

In the latest episode of Local Knowledge, we examine why the change happened, the sky-high potential for golfs future in gambling, and what it might mean for the futurethe lucrative benefits and the potential dangers.

PGA Tour senior vice president of media and gaming Norb Gambuzza takes us behind the scenes of the c-suite meetings that led to the shift; professional gambler and media personality Rick Gehman helps explain why golf is perfectly suited to gambling and daily fantasy; and our own Stephen Hennessey lays out why, for better or worse, golfs relationship with gambling will only continue to deepen in the years to come.

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Our latest podcast explores the gambling revolution already hitting golf - Golf Digest

DETROIT, March 21, 2021 /PRNewswire/ -- Bitcoin and cryptocurrencies have become an increasingly popular payment method for online casinos today.

One of the main reasons is all the benefits you get from bitcoin payments, such as increased privacy, low fees, fast payouts, larger bonuses, and extra security.

There's some disadvantages to bitcoin casinos you need to watch out for, though. Some gambling sites that accept bitcoin can be shady and attempt to rip you off with unfair games and high wagering requirements to payout.

For this review we identified all the legitimate BTC casinos and sorted them by most fair and best paying. So whether you want to play bitcoin poker, slots, or place a BTC bet on your favorite team, this list has you covered.

Top picks for the best crypto gambling sites online:

Runner ups for best BTC casino:

Best BTC casinos in the UK:

Best BTC pokies in Australia and NZ:

Best BTC casinos in Canada:

Benchmarks we use to evaluate bitcoin gambling sites (our ranking methodology):

The sites below scored highest in these benchmarks.

Top 5 Bitcoin Casinos and Gambling Sites

1. Red Dog- Best Payout BTC Casino

Red Dog Casino is the best bitcoin casino for high RTP slot games and fair play. This casino has many options for the bettor to pick, with different themes and different payout structures. It also has options for 5-reel, 3-reel, or jackpot slots, all of which are fun to gamble in their own way.

Red Dog also has specialty games to choose from, apart from their casino games. These options on this online casino are fun and different from the classic games. It gives the gambler a chance to play bingo, Keno, and a few other games not offered by other bitcoin casinos.

Pros:

2. BitStarz- Best Promotions and BTC Bonuses

Like the other sites, BitStarz offers bitcoin gamblers casino games, poker games, and some other 'specialty' games like a live dice table, but where it differs from its competition is the quantity and quality of promotions and bonuses.

A section on their site explains their odds publicly and displays the code used for their games so independent testers can verify that it is fair.

Pros:

3. Ignition Casino- Best Bitcoin Poker

Ignition Casino is by far the best choice for online BTC poker and blackjack. It is very user-friendly, the website is laid out well, and is easily navigated. Their choice in casino games, virtual bitcoin games, live poker, and promotions give this bitcoin gambling site an easy A.

For bitcoin poker, they have multiple options for the user, with Play Now and Tournaments as the two most common choices, but they also have a game called Zone Poker for those who don't want a break in the action. They are able to fold their hand and then immediately move to a new table with a new hand in a matter of seconds. This game mode is quite fun and keeps the money flowing and the winner happy.

Ignition Casino also gets a leg up on the competition with the number of different deposit bonuses, referral bonuses, and welcome bonusesavailable.

Pros:

4. 7Bit Casino- Best Choice of Games

7Bit Casino comes out on top with the sheer amount of games they have available for the gambler to play. They have your classic live games, table games, and slot games, but they have over 4000 different variations of these games to choose from.

7Bit Casino has 11 different game providers on their gambling site, each with its own section, so if you only want to gamble exclusively on Booming Games slot machines, you can. The amount of games on this site also allows bitcoin gambling to never get boring, as there will always be a new game for you to play.

They also have a "Jackpot" section, which allows the gambler to see the biggest jackpots available. At the time of writing this, the biggest jackpot is currently a little over 20,000 BTC.

Pros:

5. Bovada- Best Crypto Sports Betting

Bovada is the best site for sports gambling, and is one of the few sports gambling websites that accept bitcoin, and allow you to place bets using bitcoin. With choices of all 4 of the 'major' sports, Bovada also has options for 31 other sports leagues, and some other options such as political betting and "Numbers Games' which is just a 3 number lottery that re-rolls every 5 minutes.

Bovada also has a dedicated horse racing book on the casino site. Unlike all of the other bitcoin casinos that offer virtual sports racing, Bovada allows the user to bet on live horse races. The bitcoin bettor can choose from different tracks, betting futures, and has the option for virtual betting like the other websites do.

Bovada's virtual racer has options other than sports, where you can bet on Camels, supercars, greyhounds, and virtual basketball/ soccer leagues. These extra options make Bovada the best option for the avid sports gambler.

Pros:

How to Choose the Best Bitcoin Casino

Bonuses and Promotions

Easily the best site for Bonuses and Promotions is Bitstarz. Their Welcome Bonusis the best we have seen offering a 100% match of your bitcoin up to 1 BTC for your first deposits.

Coming in second and third for promotions, Ignition Casino and Bovada both have nice welcome bonuses. With Ignition having an Unlimited 25% Bitcoin Match Bonusfor every deposit and Bovada having bitcoin bonuses on your first three deposits. Both sites offer more deposit bonuses after your first one, but neither of these bitcoin casinos can match the offers that FortuneJack has.

Depositing and Withdrawal Options

All of the sites use the same type of deposit/withdrawal system where you have to verify your account before you can withdraw. However, there are some sites that have a fee when you withdraw from your account. We hate these fees, so below each site is outlined in what they charge, and who has the worst fee for withdrawing.

The best withdrawal system goes to 7Bit Casino and Ignition Casino who stand above the rest as they have no fees when withdrawing from your account. Most gambling sites have a withdrawal fee, and this is to keep their customers from withdrawing, and instead keep gambling on their site. So having no withdrawal fee is a huge plus as there is no 'penalty' for wanting to take out your winnings.

The rest of the sites have a few stipulations for withdrawing from them. For example, FortuneJack has a minimum withdrawal of 0.004BTC, and Bovada has a small withdrawal fee, usually around $1.00 USD.

But the worst withdrawal system has to be CafeCasino. They charge an ungodly amount to take out your bitcoin from their site. Cafe Casino has a $75 withdrawal fee. This is clearly there to keep the gambler from taking their money out of the site, and they also charge a percentage fee if you have less than 75 dollars in your account. By far the worst withdrawal system of all the bitcoin casinos.

Range of Casino Games

Cafe Casino and 7Bit Casino are the best for the range of casino games. 7Bit has over 4,000 different to choose from and CafeCasino has the best option for JackPot multipliers, with some of their slot games having a 5x multiplier.

User Interface

Ignition Casino and Bovada are the top two choices for the user interface. They don't do anything flashy with huge sliding pictures, or big red text to catch your eye. The simplicity of the gambling site, with the speed, that both websites load at is hard to match. Although 7Bit Casino and FortuneJack might look better, their site performance takes a hit with all of the flashy stuff they added.

Additional Features

Bovada has the best additional features, as it is the only site of the 5 to offer real sports gambling. All of the other bitcoin casinos offered virtual sports and virtual gambling. Whereas Bovada allows you to bet bitcoin on 35 different leagues.

Conclusion

In conclusion, Red Dog Casinois the best bitcoin casino out of the ones we tested, for a few reasons. First, their user interface is the best, as it lays out all the games for you right away when you load in. There isn't anything flashy on the screen trying to get you to play a certain game, or asking you to refer a friend. Their site also loads the fastest out of all of them, so when you click on different tabs or games, you aren't stuck waiting for 10-15 seconds for it to load. Simplicity is key.

Their choice of games is great, and the live table section has a nice feature that other gambling sites don't. Finally, they have nice promotions to go along with the site. They might not be able to match BitStarz and their promotions, but let's be honest, who can? They have 6 promotions in total, from their first deposit bonuses, tell a friend bonus, and more, they can at least give Bitstarz a run for their money in this section.

Overall, Red Dog was the best when looking at user-friendliness, promotions, variety of games, fairness, and withdrawal systems.

Original article from: https://www.leanbackplayer.com/casino-payment-methods/bitcoin-casinos/

You probably don't need us to tell you that any form of gambling comes with risks and should not be undertaken as a solution to solve your financial troubles. It's worth remembering the phrasethe house always wins!

If you suffer from a gambling problem or suspect somebody you know does, then we strongly suggest that you call the National Problem Gambling Hotline at 1-800-522-4700 to talk with an advisor for help and to make gambling safer for you or your loved ones. Remember all gambling sites and guides are 18+ only.

BTC gambling sites listed on our site may not be available in your region. Check your local laws to ensure online poker is available and legal where you live. Leanbackplayer is a casino comparison and review site established in 2018, LBP reviews are independent and reader-supported and we may receive commissions for recommendations made in our websites guides, this does not affect our rankings methodology and we always recommend sites we believe will provide the most enjoyable gaming experience.

Visit these organizations for free gambling addiction resources:

CONTACT: [emailprotected]

SOURCE leanbackplayer.com

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25 Best Bitcoin Gambling Sites and Crypto Casinos in 2021 - PRNewswire

LONDON, UK / ACCESSWIRE / March 22, 2021 / The potential to generate profits with CFDs and FX trading is far greater than online gambling, whether you love a local football team or hope for luck spinning the roulette wheel.

On the other hand, however, there's nothing wrong with online gambling, as long as it's for fun and you go in knowing you are very likely to lose money. Gambling is just that: you bet money, hold your breath and hope for the best.

Obviously, there are no guarantees with any type of trading, but trading is much more than just a random bet. The sense of accomplishment in closing a profitable position result from smart analysis and timing, which only an educated trader can do.

There are at least two areas where a good broker can help traders succeed by avoiding the temptation to gamble with financial transactions.

The first is regulation. A good broker, like Libertex, is regulated by CySEC (Cyprus Securities and Exchange Commission). This regulator covers European traders with all the rules and practices to ensure that users are treated professionally, accounts are safe and all trades are executed fairly.

The second is education. Any broker that doesn't offer constant, consistent education or provide market news to its clients is not providing excellent service. Indeed, Libertex provides a vast array of instruments to teach new CFD and FX traders about market analysis and risk management.

Bradley John Alexander, Libertex Senior Analyst and FX and CFD trading expert, says:

"I can't claim to have 'seen it all,' but I'm happy to recount the incredible evolution that the world of retail trading has experienced over the last few years. When I first got involved in trading, the sales tactics aimed at aspiring traders were akin to aggressive time-share pitches, get-rich-quick schemes, unrealistic bonuses, ridiculous leverages and the idea that you could become an expert trader by spending thousands on an intensive two-day course. To add insult to injury, the world was full of unregulated brokers who were slipping' quotes and making it difficult for good retail traders to make a profit. This was backed up by aggressive 'customer support' executives, whose only job was to encourage you not to cash in your profits and deposit more of your money into your account".

Story continues

In Europe, it's well known among traders that reputable brokers under CySEC or FCA regulations must restrict or suspend trading in highly volatile market conditions once in a while. The conditions of these limitations are regulated, set out in the Terms and Conditions section and designed to protect any account and ensure that the broker maintains financial compliance.

Recently, the international media has been drawn to the world of CFD trading in the United States, where the industry is quite different than in Europe. Indeed, a large group of retail traders, stuck at home under lockdown, many with government stimulus funds to fund their accounts, took on Wall Street. Driven by chatter on social media, these traders sent the markets into a frenzy.

Unfortunately, when some US reputable platforms were forced to suspend trading on a few equities, retail traders and politicians simply didn't understand the concept (or the law) and cried about the restriction of trade and civil liberties.

Moreover, it doesn't even look like some trading platforms handled the situation very well. This wasn't just bad customer service; it was a clear indication that they have no desire to educate their clients.

The moral of the story? Education is the key to giving traders new skills and the ability to trade professionally instead of gambling. Let's make the best of the journey into CFD and FX trading with a reputable, regulated broker that offers proper education: Libertex. It provides convenient, fast and secure access to the financial markets, over 250 tradable assets, exclusive Trading Signals, a 50,000 demo account to practice with and payment methods such as PayPal, debit and credit cards, wire transfers and many more.

Libertex also provides a very comprehensive financial and trading education programme available for free so that both expert and beginning traders can Trade For More on their smartphone with the Libertex app or their computer browser.

Libertex GroupVashiotis Business Center, Neapoli 3107, Cyprusmedia@libertex.comhttps://libertex.com

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SOURCE: Libertex Group

View source version on accesswire.com: https://www.accesswire.com/636644/Investors-CFD-Trading-and-gambling-is-not-the-same-Learn-why

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Investors: CFD Trading and gambling is not the same; Learn why - Yahoo Finance

Visiting online casinos can be a great way to pass the time. However, theres nothing worse than logging in to your online account to find that it has been compromised by a cyber-criminal especially if theyve stolen your hard-won earnings.

Although the UK strengthened online gambling laws in 2019 and other countries around the world have followed suit, there are still unscrupulous hackers out there who will look to take advantage of loopholes in security to access your money. Fortunately, all it takes to stop them is a little care and attention. Follow these five tips and you can rest assured that your identity and your money is safe when gambling online.

This is rule number one: make sure the casino which you create an account with is fully licensed and registered in the country in which you reside. For example, you can enjoy the best slots at Casino Winner safe in the knowledge that the site is licensed and has a valid security certificate, meaning it will take every precaution necessary to safeguard your funds.

Depending upon the country in which you reside and the platforms that you favour, there are a number of different ways for transferring and receiving monies. The best casinos, like Betsafe, offer their customers a range of different options to ensure that they can play safely and securely, whatever their geographical location. To be on the safe side, its best to stick with tried and trusted payment methods like Visa, Mastercard, PayPal or Skrill in order to ensure your money is safe.

The next step to staying safe online is to protect your identity and your account. You can do this by creating a username and password that no one else has access to. Its especially important to ensure that your password is a combination of numbers and letters that cannot be easily guessed by anyone, even those who know you well. You should also never recycle passwords between one platform and another and, for maximum security, change your passwords on a regular basis.

Any chain is only as strong as its weakest link, so if your device (or the network youre accessing) has been infiltrated, your casino account could easily become compromised too. IT governance has been identified as a top risk for 2021, and that applies to personal transactions as well as business ones, so ensure your device has a robust firewall and anti-virus software in place before you log on. Whats more, never use public Wi-Fi when accessing sensitive information and use a VPN where necessary to keep you and your data safe.

Lastly, cybersecurity is a never-ending endeavour. You should always remain vigilant while gambling online and report any suspicious activity or behaviour that you witness to customer support immediately. Doing so will allow them to investigate the incident and, if necessary, pass on the relevant information to the authorities, preventing hackers from harming the lives and livelihoods of countless other individuals.

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How to Stay Safe When Gambling Online - The FINANCIAL