Monday 6 October 2014

36 Casino Gambling Tips: Ivey's Baccarat Edge Sorting Case with Crockfords

REBLOG> 36 Casino Gambling Tips: Ivey's Baccarat Edge Sorting Case with Crockfords:
SavySeph's Original Blog

Professional Gambler's Tips

Three Tips from a Professional Gambler is base on quotes taken from Ivey versus Crockfords. Phil Ivey sued London casino Crockfords Club for denying him £7.7m which he won in 20-21 August 2012. The casino withheld the money on the grounds that Ivey cheated.

Ivey and Kelly

Edge Sorting

Ivey used a system known as edge sorting to win the money at the baccarat table. The casino claims that this method is not a legitimate strategy because it defeats the premise of the game to nullify the gaming contract.

Kelly Cheung

Cheung Yin Sun (Kelly) assisted Ivey to edge sort the cards by asking the dealer to turn the key cards for baccarat upside-down. The casino referred to Cheung as the unidentified woman.

Casino's Case Unsustainable

Justice Mitting was impressed by that professional conduct Ivey maintains that he said the casino's case was "plainly unsustainable". The case is still on going. At this juncture the case points favorably to Ivey.


My Comments

Converting quotes by Ivey into gambling tips is a magnificent idea.

Saturday 4 October 2014

Jack of All Trades: Non-smoking Policy Chokes Macau's Casino

REBLOG> Jack of All Trades: Non-smoking Policy Chokes Macau's Casino:
Jack Omnitrade's Original Blog

Smoking Complements Gambling

The Ravel Casino in Atlantic City did not believe that smoking is a complimentary product for gambling. Macau is following this footstep to put this consumer preference to test. Market Watch warns investors in their 3 Oct 2014 report that strict curbs on smoking laid out in a recent statement by Macau's government information bureau will have a negative impact on share prices for casinos in Macau.

The Streets of Macau

No Smoking Ruling

This recent announcement would completely ban all smoking in "mass areas," although some VIP lounges will still allow it. According to Barclays Research's latest forecasts the smoking rules are stricter than most economists had expected. Barclay initially interpreted the ruling to allow smoking at partitioned premium mass areas on the mass floor. "While previously we had expected just a low-to-mid-single-digit percentage impact to overall gross gaming revenue from the smoking ban (if premium mass areas can still smoke), we would now expect a higher mid-to-high-single-digit impact to overall Gross Gaming Revenue if smoking is not allowed in all premium mass areas as well," the firm said.

The Ravel Story

The Revel Casino opened in April 2012 and had struggled since it started operations. It started out by trying to achieve its niche market by branding itself as an upmarket resort-class casino. This posh concept of no smoking, expensive food and drinks did not appeal to the typical gambling crowd of Atlantic City. The $2.4 billion resort suffered badly from poor patronage. After operating for 10 months, it incurred a debt of $1.5 billion. It filed for bankruptcy on March 2013. In May 2013 the casino got out of bankruptcy by clearing $1.2 billion of debt in exchange for an 82% equity to its lenders. It is unfortunate that Macau had not learned from Ravel.


My Comments

Labor trouble also add on to the problems casino in Macau face.

Thursday 2 October 2014

Mosquito Virus That Walloped Caribbean Spreads to America

Chikunganya Virus

After infecting hundreds of thousands of people in the Caribbean and Central America, Chikungunya had spread to the United States. Like Dengue fever, the Chikungunya virus is carried by the aedes mosquito. The initial symptoms is an acute fever phase for the duration of two to five days. The next stage is a longer period of debilitating joint pain. This pain may last for years in some cases. Chikungunya is an African word meaning "to become contorted". The illness was first identified in Tanzania in 1952.

aedes mosquito

American Threat

Bloomberg reported on 1 Oct 2014 that 11 cases have been confirmed as originating in Florida. Medical and environmental experts were concern that this may be the beginning of the type of explosive growth as the disease has no vaccine or cure. They are debating methods to contain the outbreak before it takes off. The disease is not known to fatal but more than 100 people have died in the Western Hemisphere since December, according to the Pan American Health Organization.

Outbreak Statistics

According to Walter Tabachnick, the director of the Florida Medical Entymology Laboratory, it could infect 10,000 people in that Florida alone. His estimate is based on the exponential growth of other outbreaks. According to the Pan American Health Organization more than 700,000 people were suspected of being infected with the virus in South America, Central America and the Caribbean in since it appeared. "Ten thousand cases would be a disaster in the terms of, these are people that are sick enough that they’re reporting to their doctors in the hospital," Tabachnick said by telephone. "So even our medical facilities could be overwhelmed."

Divided Opinions

"In a way it's surprising it hasn't been here yet," said Scott Weaver, a professor at the University of Texas Medical Branch at Galveston. Weaver expected the small focal outbreak. Other medical experts suggest that any outbreak will lessen during the Florida winter when mosquitoes disappear. Durland Fish believe that disease spread through the Caribbean and Central America because many countries in that region partly due to lack the financial resources or sophisticated mosquito killing systems. However, he warned that even with money and insect-killing expertise, Chikungunya may be hard to contain. Fish is, a professor of epidemiology at Yale University who studied Chikungunya's spread on the Caribbean island of Dominica.

Prevention Techniques.

Since there is no cure for this disease, prevention is the only method to combat it. The best means of prevention is overall mosquito control. Standing water containers are the known breeding ground for these mosquitoes. Water buckets at yards or clogged gutters are conducive for the mosquitoes to lay eggs. No specific treatment is known. Rest and fluids may also be useful. Treatment includes hydration, rest and medicine that reduces fever or pain such ibuprofen or acetaminophen.