High Risk Merchant Account – Ways your Business Can Benefit From One

A high risk merchant account is an ideal solution if your business deals with online gambling, adult services, pharmaceutical products, travel services, sports wagering, online cigarette or tobacco companies or any type of business that involves a high turnover or an increased risk of fraud. If you think your business is not considered to be high risk you will need a standard Ecommerce merchant account or consider applying for an offshore merchant account. Once attained, a High Risk Merchant Account enables you to process credit cards over the internet for the high risk services you provide.

High Risk Merchant Account Rates and Fees

When shopping around for a high risk merchant account don’t be surprised that you will need to pay a setup fee when a standard merchant account usually requires no or a very small setup fee. This is because the merchant account provider is in risk with your account and a high risk merchant account isn’t so easy to attain. You will be also paying relatively high rates for the credit cards you will be processing.

Difficulty Issues with High Risk Merchant Accounts

If you tried applying for a high risk merchant account and were declined for any reasons consider contacting a third party credit card processor. Some merchant account providers just won’t take the risk of predicted charge backs they estimate in your line of business. Don’t think that if your business is considered to be high risk you can’t get a merchant account just proper research has to be done.

For more related information visit our merchant account provider informational page.

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Sports Betting: 9 Strategies for Success

Want to win like the pros at sports gambling? The biggest difference between professional gamblers and the rest of us is that professional bettors implement specific strategies on a consistent basis. While they enjoy the process, professionals don’t get caught up in the emotions of sports gambling.

It really comes down to consistent implementation of 9 key strategies. If you can adopt the following strategies when betting on sports, you’ll go a long way to improving your results and your payouts.

1. Be patient

There’s no way around it: successful gambling requires patience. That means take your time and be willing to wait for the “near” perfect opportunities. They come around every single week.

That’s not to say you should ignore last-minute betting opportunities. Sometimes, it is important to act quickly. Just keep in mind that if something seems too good to be true, it often is.

If you take your time and deliberate carefully about every betting proposition, the odds are much greater you’ll finish higher on the day.

2. Research, research, research

This is what your 4th grade teacher would have called “doing your homework”. Be aware of the competitive environment, understand how you can both win and lose money, and most importantly, collect as much information as possible.

Important considerations will include field conditions, weather, player injuries, team statistics and game schedules. Scour the internet for online sources of sports information and other online sports betting resources.

If you want long term success betting on sports, it’s absolutely vital you do your homework on each and every match. Guesses and hunches typically result in losses in the long run.

3. Play what you know

Sports gambling offers a wide variety of options and betting types, and often takes into account a range of terminology including lines, odds, and spreads, just to name a few.

As a result, it’s important to start with sports and teams you are familiar with. This will help you come to grips with the “context” of sports betting.

4. Seek out expert advice

The fun thing about sports wagering is that there is no shortage of commentary and expert advice. The challenge is filtering through all the available information and making a responsible betting decision.

This is where your research and experience come in handy: compare your expectations with predictions from experts in the sports betting field. Often there will be consensus. When there’s not, consider carefully why, and pay attention to those who go against conventional wisdom.

Nevertheless, expert sport gambling picks can often make it a lot easier to win at sports betting. The best idea is to look at a variety of betting sites and bet picking sites online, to see what the experts are recommending.

5. Don’t be a sucker

A sucker is often an inexperienced gambler who spots a “sure-win” they can’t pass up. Just keep in mind, if something looks like a sucker bet, it often is.

If you want to enjoy betting on sports, it’s vital you learn to stay away from these “too-good-to-be-true” bets. Quite often odds makers put up lines just to make sure people take the points. Don’t fall for it.

6. Allocate Your Money Properly

You’ll significantly reduce your risk if you spread you bets across a number of sports and games. In the long run it’ll be far better to bet $25 on 10 games than to bet $250 on a single game. There’s no such thing as a “sure thing”, so don’t be greedy, and don’t chase losing or winning bets.

The road to success in sports betting is long, slow, and steady.

7. Know your history: keep good records

How much have you won? How much have you lost? If you can’t answer those questions you are risking catastrophe with your sports betting. Many inexperienced gamblers don’t even realize how much money they are putting through their online gambling accounts. You are not “breaking even” if you are constantly funding your account, but if you don’t keep adequate records, how will you really know if sports betting is really the best type of entertainment for you.

8. Keep Perspective

It’s impossible to be emotionless when it come to sports betting. After all, the emotional rush is part of why many people gamble (whether in casinos, or online casino, or even through the lottery).

But if you want to experience outstanding results, be aware of your emotions and how they influence your wagering decisions. The more calm you bring to you betting, the better results you will enjoy. Why is this important? If you don’t control your emotions, you will be much more likely to make poor decisions trying to make up for previous losses.

If there’s one recommendation I would make over and over again, it is this: stay calm emotionally.

9. Find an Online Sportsbook

Internet sports wagers are far more convenient than the offline versions. Not only that, internet sportsbooks have no line-ups, meaning that while a live bookmarker might only be able to process 20-30 clients at a time, internet sportsbooks can process thousands simultaneously.

Another plus is that internet sportsbooks enjoy a significantly lower cost per wager, and these savings are passed on to gamblers on in the form of deposit bonuses or reduced juice to bettors.

So that, in a nutshell, are the 9 steps you must follow to make money betting on sports. The better you are at these tips, the more often you will win.

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Online Sports Gambling Laws

Online Sports Gambling – The Law and You

Straight Answers On the Legality of Sports Betting

When considering betting sports on the internet, it’s not uncommon for a person to wonder whether they’re breaking a local or state law. After all, most states, and even the federal government, have legislation about whether and how it’s legal or not to gamble.

Who Regulates Sports Betting?

Until recently, the regulation of gambling in the US was left entirely to the discretion of the individual States. But the advent of online gambling created confusion about jurisdiction. After all, who runs the laws in cyberspace? Most current laws meant to apply to gambling in general were created long before the internet existed, and thus the application of those laws to online gambling is open to broad interpretation.

US Regulation of Sports Betting

“The most important question being asked about online gambling is: ‘Is it legal to run a sports betting operation offshore and take action from clients in the United States?’ The US government will argue it is not legal.

However, no bills have been passed to prevent such activity; and in recent years attempts to pass bills of this nature have failed,” explains Chris Costigan, sports gambling analyst and president of Gambling911.com, the industry’s premier sportsbook watchdog site.

Costigan continues on, “The Federal government has placed much of the responsibility of gambling legislation in the hands of individual states, some of which have considered legalizing online gambling (North Dakota voted on legalizing online poker within the state, but that bill failed to pass). Some states, like Illinois, have added legislation that strictly prohibits the advertising of online casinos. Only three states – California, Louisiana, and Nevada – strictly prohibit its citizens from betting beyond state borders. However, such laws are historically loosely enforced. Most states consider gambling violations misdemeanors with the vast majority focusing specifically on operators as opposed to the actual gamblers themselves.”

To avoid breaking US law, most internet sportsbooks are located offshore in foreign countries and also house their computer servers there. (Click here to learn more about the Advantages of Online Sportsbooks)

To be clear, the US government has been attempting to pass legislation to deal specifically with the regulation of online gambling. However, because there are so many grey areas regarding who has authority over activities in cyberspace, these attempts have not been successful in passing and it’s becoming clear that the US will not be able to effectively legislate online gambling. As Costigan and Gambling911.com point out, “2005 will be the first time in five years we will not see any proposed anti-gambling bills emerge in Washington.”

Legal Issues: The Summary

The Wire Wager Act

The Wire Wager Act, in its most basic sense, prohibits the use of a wire transmission to foster a gambling pursuit. What does this mean? Your guess is as good as mine, and as good as the people who wrote the legislation. Some lawyers argue that what this act means is that any interstate use of the internet that is related to placing or receiving bets is illegal. However, other lawyers believe that this cannot be applied to internet betting due to both the extensive use of wireless internet services and also, due to some vagary in the language, the act may only apply to sports event betting and not other types of betting. Most importantly, the specific language of the Wire Wager Act says that it applies only to those participating in the business of betting or wagering. That limits its impact to only sportsbooks and casinos and means that it can in no way be used against the actual bettor.

April 2005: Two important rulings are handed down regarding online sports betting. Chris Costigan, sums them up as follows:

“Firstly, the World Trade Organization upheld its decision in favor of Antigua, a tiny island nation that claimed the United States stymied its lucrative online gambling industry. Antigua contended that many online gambling operators left its jurisdiction as a direct result of the United States crackdown on operators and advertising venues.

A more critical ruling involved the United Kingdom, which now allows gambling companies to take bets online from the UK. While England’s stance on bookmaking is quite opposite of the United States, internet sports betting shops and online casinos were forced to operate offshore on nearby islands such as Gibraltar and the Isle of Man. The United Kingdom decision is viewed as a nod of approval by an industrial nation paving the way for internet gambling to thrive in a fully regulated environment, and the U.S. is most likely to recognize and respect its position.”

So, Can an American Bet Sports Legally?

The simple answer is there is an explicit law against online betting in only three states – Nevada, California, and Louisiana. Even so, NO American citizen has ever been arrested for betting on the internet.

Pregame.com provides sports betting rules, basics, advice, systems, and strategy, online for free, covering NFL Football, NCAA college basketball, NBA, pro MLB baseball wagering from gambling experts.

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The Football Betting Board

When an online football betting player takes a look at the football board at a sportsbook he will see numbers to the left of each team. That number to the immediate left of the team is their rotation number that is used to identify the game. It is used to call out a wager instead of a team name. It makes it so the people taking the bet on football online will understand the wager.

A pro football betting online player will also notice numbers to the immediate right of the two teams posted on the football betting board. The smaller of those numbers is the football betting spread. That number is posted to the immediate right of the team that is favored in the matchup. The larger number that is posted to the immediate right of the team name of the underdog is the over/under or total. The over/under is the total combined score between the two teams in a game that players can wager on either going over or under that posted number.

There is yet another number listed on the online football betting rotation, usually to the immediate right of both the pointspread number and over/ under number and that is the moneyline which may also be referred to as M/L. The money line is posted on the board for players that prefer to bet on a team to win a football game straight up rather than against the football betting spread. The difference with these football betting picks is that the player will lay money instead of points. A typical money line would read something like Kansas City -180, Oakland +160. This means that a pro football betting online player wanting Kansas City would lay out $180 to win $100 plus his $180 back. A player that wanted Oakland would lay out $100 to win $160 plus his $100 back. Unlike the pointspread, the player is simply making football picks based on his team winning the game straight up, regardless of the points that they win or lose by.

As you look to make football betting picks this season you must understand the odds. You can bet on football online without knowing much football betting strategy but it probably is not a good idea. The more you know about football the better your chances of success will be. Just throwing darts is not a good enough football betting strategy. You must look at matchups, pointspread value, line movement, motivation, etc. as you come up with your football betting picks. The NFL and college football seasons begin in August and stretch out until early February. That is plenty of time to show patience and discipline and find winners. There is no rush to play the first game on the football betting board. Take your time and find the best plays each week. The best gamblers in the world don’t play every game on the board. They try and locate a few select games where they believeball Betting Board they have an edge. You can do the same thing this year with your own online football betting. Look at the matchups and do the research required. Narrow your selections down to just a few games and only bet those. That is a good way to keep your bankroll safe and still have a chance to make money.

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College Football Handicapping Picks Week 1(part 1)

Without further delay, here are free College Football Week 1 handicapped selections: Click on the link above to access our Week 1 BEST BETS along with the rest of our strong Week 1 plays and angles. Here is a small sampling of our work which is now in our tenth year of professional handicapping. Out ten year record stands at 315-220-15 with our BEST BETS at 101-55-2.

WEST VIRGINIA(-23) OVER Western Michigan:

On the small list of championship contenders, the West Virginia Mountaineers open the season at home in front of their raucous fans to face the Western Michigan Broncos. With two potential Heisman trophy contenders in QB Patrick White and RB Steve Slaton, the high powered offense of coach Rich Rodriguez should put up plenty of points to begin what could be a special 2007 season. Looking at it in historical terms, teams that come into the season with legit championship hopes more often than not blitz their opening game opponent, especially if they are at home. The -23 spread is quite large since Western Michigan is not horrible. The MAC has a history of playing teams from the big conferences tough and the Broncos do have the ability to run the football. West Virginia’s defense is loaded however and this will nullify the main strength that Western Michigan has. This is a bad matchup all around for Western Michigan based on the matchups and I anticipate a blowout to help jumpstart the championship march West Virginia hopes to make.

NEBRASKA(-19.5) OVER Nevada:

This looks like a make or break year for head coach Bill Callahan and the Cornhuskers look talented enough to save his job. Transfer QB Sam Keller has been groomed to run the West Coast offense and he also has much to prove as as his stay with Arizona was nothing but a struggle, both personally and athletically. Keller is immensely talented and he has what it takes to take this team to great heights. The offense is loaded all around him and if everything clicks, could be one of the top units in college football. Add to the fact that they are playing at home, and this game should be a blowout on a large scale. Using the “EMOTION ADVANTAGE” angle we have been championing for years(check out our website for more on this money winning angle) and this game serves as our first Strong Play of the year(a free BEST BET pick for Week 1 only).

There is no tougher place to play in almost all of college football than Lincoln, Nebraska. 90,000 will be on hand to usher in the new year and with Callahan and Keller both having a tremendous emotional investment in this season, I expect the Cornhuskers to come out flying on both offense and defense. Nevada is an up and down team from the WAC who don’t have anywhere near the offensive prowess that Nebaska has and their smallish, inexperienced defensive backfield will open up large passing lanes for Keller to throw to. Bet the house on Nebraska as you combine the emotional AND strategic advantage that they have over Nevada.

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