https://www.bloomberg.com/news/articles/2019-09-11/the-24-billion-online-casino-boom-china-is-struggling-to-halt

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The $24 Billion Online Casino Boom China Is Struggling to Halt
The Communist Party is hard-pressed to stop the spread of digital gambling in Asia.

It's 6:30 on a Monday morning in China, and the Guangdong Club online gambling platform is humming as a stream of wagers placed in Chinese yuan flows through the portal. The club, which lists its place of registration as Costa Rica, hosts operators offering hundreds of sessions for such popular games as baccarat and blackjack, lotteries, and sports betting, many of them in Chinese. A single baccarat table can draw betting volumes touching 75,000 yuan ($10,500) in a 30-second game.

This is gambling with a digital twist, and it allows Chinese to bet without traveling to Macau or Las Vegas. It's also a growing problem for China's Communist Party, which says, "the transactions are draining hundreds of millions of yuan from the country. Beijing views betting as a vice that fuels social unrest, and Chinese law prohibits gambling on the mainland" including online. But the anonymity the internet affords has Chinese bettors flocking to digital gaming halls. They're fueling growth in Asia's online gambling sector, which is expected to reach $24 billion in sales this year, according to market researcher Technavio.

Beijing has begun lobbying jurisdictions that permit online gambling, including the Philippines and Cambodia, to shut down the industry, an ambition made more urgent as China's economy slows and it grapples with an escalating trade war with the U.S. Yet stopping the businesses is proving difficult, because there is little incentive for these countries to hamper a lucrative industry. "It's become a cross-border business, and it's very difficult for China to prosecute", says David Lee, a partner at Taipei-based law firm Lin & Partners.

Value of Online Gambling Market, Estimates and Projections

Data: Technavio

The Guangdong Club hosts virtual casinos operating out of Cambodia as well as others licensed in the Philippines, countries where gambling sites catering to international players are permitted. Costa Rica, where the club's website says it's registered, doesn't have an industry regulator or laws banning online casinos that provide gambling services overseas. The Guangdong Club didn't respond to emailed requests for comment, and its website lists no phone numbers. "Many online gaming companies operate under the radar", says Ben Lee, a Macau-based managing partner at Asian gaming consultant IGamiX. "There are so many of them. It's like China's trying to whack a mole."

The Chinese government has tied a number of problems to online gambling, including telecommunication fraud and citizens being lured to work illegally in the Philippines. The websites allow wagers of as little as 10 yuan, making them within reach of lower-income bettors. Online gaming halls also threaten to lure bettors away from Macau, the only city under Chinese control where casinos are allowed (though online gambling is still prohibited). The Guangdong Club has a logo that resembles that of a Macau junket operator called Guangdong Group, but the Macau company says it has no relationship with the online platform.

Gamblers on the Guangdong Club platform can deposit money and receive their winnings via accounts at several Chinese banks, including some of the country's largest, such as Bank of China Ltd. and Industrial & Commercial Bank of China Ltd., according to the club's website. The banks declined to comment.

Many platforms also allow gamblers to use popular online payment systems from Tencent Holdings Ltd. and billionaire Jack Ma's Ant Financial Services Group. The payment systems have been willing to talk about how they're helping the government's effort to curb online gambling. In recent weeks, some virtual operators have warned gamblers that Tencent's WeChat app and Ant Financial's Alipay have tightened controls. In a statement, Tencent said it takes measures to help identify transactional risks and act against those attempting to use its system for illegal gambling. Ant Financial says it uses an AI-powered risk engine to intercept suspicious transactions and has zero tolerance for online gambling. When a merchant is confirmed to be engaged in gambling, Alipay limits its ability to collect payment, stops working with it, and reports the case to police.

China is winning some concessions from its neighbors. In response to pressure from Beijing, Cambodia has said it won?t issue any new online gambling licenses and won't renew existing ones when they expire.

Most of China's pushback has been directed at the Philippines, where online betting sites have contributed to a small economic boom. Following China's calls for a crackdown, the Philippines has said it will stop accepting applications for new licenses at least until the end of the year. That's short of the full ban China wants to see. President Xi Jinping brought up online gambling in August when he met Philippine President Rodrigo Duterte, who?s since rejected the call for a ban. The Philippines isn't interested in drastic steps that will have an adverse effect on the economy and will instead regulate the sector, Chito Sta. Romana, the Philippine ambassador to China, said in a Bloomberg TV interview on Aug. 30.

Meanwhile, work continues in Manila on two multimillion-dollar online casino hubs intended to house operations and workers. "We are legal, we ensure fair play," Andrea Domingo, head of the Philippine gaming agency, said in a recent speech at an industry event, adding that online casinos "are here to stay." With Siegfrid Alegado, Lulu Yilun Chen, and Jun Luo

BOTTOM LINE - China says online gambling is draining hundreds of millions of yuan from the country. But it's finding it hard to stop websites registered and operated abroad.

The Gambler's Choice 1944 Classic Movie B&W Full Version Enjoy!


https://www.youtube.com/watch?v=FtfuADOGsgc


https://www.imdb.com/title/tt0036845/

Well, took part of the day off yesterday for a break with the 9-11 memorials.  Participated in the remembrance of all the emergency workers and civilians that perished that horrible day, 18 years ago.  Finished late around 10:00 PM or so.  Myself and H-Money went out to eat and then decided to go to the casino on the way to drop him off, before my ride home.

We got there around 1:00 AM.  Previous shoe was just ending.  H-Money buys in with $1,500.00.  He places $200.00 on the Banker first hand, wins and turns to me, I cut the shoe you seen that right?  I told him, slow down and play what you see.  So he tells me he is going to wager for doubles.  He wins the first 2 Bankers and then wins the following first 2 Players.  He flat bets the $200.00.  He follows his word and losses the 3 third repeating Player as he wagered for the cut to the Banker.  He then wagers for the second repeating Banker and losses that as well.  After the first Player which was a natural, another ball game game enters the picture. 

He said to me, the first hands were all naturals so far and I am sticking with the Player.  So, he wagers another $200.00 and wins the first Player.  Then I told him to do a (1 + 4 Side Parlay) that is my favorite when things get strong no matter the shoe presentments, etc., and he listened to me.  He wagered the same $200.00 on the Player and told me he was doing the (1 + 4 Side Parlay) as well.

Please Note:  I have written about my (1 +4 Side Parlay) wagers.  While I do not religiously wager consecutively with the Side Parlay Wager (normally skipping numerous hands being wagered with the other flat wager or positive progression, etc.,) I endorsed H-Money's ideology about doing the Side Parlay Wager repetitively as well because the Player side was so strong, etc.  So the old saying, when it is there and being presented, capitalize on it.   

He won the next four hands with an incredibly strong Player presentment each time.  No matter what the Player had, even 2 monkeys and the Banker have a 7, the Player would pull an 8 or a 9.  Another one was the Player having one and the Banker having a 7.  The Player pulls a 7.  The tie was a natural 9 tie as well.  So, he flat bets the $200.00 he was sticking with, shooting for a thousand to $1,500.00 profit and swore to walk away if reached.  He won every (1 + 4 Side Parlay) wager he made on top of the flat bet of $200.00.  So on the 5th hand he is clearing $3,000.00 extra on the (1 + 4 Side Parlay) wager.  He goes to a $400.00 wager and stops the (1 + 4 Side Parlay) wagering.  He wins the 6th and the 7th hands as well.  He sticks with the $400.00 flat bet and goes in with another $400.00 to start the (1 + 4 Side Parlaying) once again for the 8th hand.  The tie comes out, Natural 9-9 Tie.  He sticks with the same exact bet he had, while all the rest of the table is verbally citing, Banker strong and Tie Cuts, etc., etc.  He wins the 9th hand and is hyped up big time.  Now, the whole table was with their pure statistical garbage about no way for the streak to continue and Banker has to come out and time to cut again.  Almost every hand, everyone was wagering for that damned cut!  Almost no more over powering the shoe where all players group up and just smack the casino on those types of runs or even long chops (types of trends or patterns does not matter, just anything repeating itself with strong repetitive occurrence hand after hand).  But it is turning into a game of, that guy can not keep winning or it just has to cut, type of thinking hand after hand after hand.

H-Money leaves the wager out there and wins the next 3 hands as well, the 10th, 11th and 12th hands with the $400.00 out there as a flat bet as well as the (1 + 4 Side Parlay) he started again.  He wins them all for another $6,000.00 profit once he completed the 12th hand.   

So he completed 2 (1 + 4 Side Parlays) and his numerous flat bet wagers before it finally cut to Banker.  Cashed out and walked away.  We went back after about 15 hands or so after doing what we had to do.  It was all 1s and 2s.  People were winning one and losing 2 or winning 2 and then losing 2, etc. 

The bottom line, anything can happen at anytime.  But the easiest thing to smack the casino is to jump on and and stick with anything that is strong no matter what type of presentment trending that is.



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Pictures from last night to honor the fallen members of my family on 9-11-2001.  Flags represented special meaning that were either on their caskets or in memorial that hung in my family members NYFD Station House. 

"Some gave everything and yet others gave their own life's to help other firefighters get out alive as well as civilians".

Some make fun of this stuff and yet others pick it apart for the political drama of it, but when you lose family members that were doing their job, all the media and picking apart by bystanders sucks!  Thank God some really do understand.  My little boy asked me the other day, "Daddy, why did people from our family go running into that building that was going to fall down and kill everyone"?

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We put up the flag on the front of the truck and also the NYC Flag up top.  A uniform was put out to symbolize the fallen members of the service that gave their lives. 

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It is a tough day that rolls around every year.  For the past 18 years it has been real hard to deal with.

My three flags that I possess will be flown at various fire departments in honor or lost loved ones. 

One is a New York State Flag.
One is a New York City Flag.
One was airbrushed painted in honor of a family member. 

I will try to get some pictures tomorrow of them flying at the fire departments that i left them at yesterday.

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For the record, I have nothing against anyone.  However, some will twist and turn as well as copy and paste previous written threads and even edit some of those with their own additions or deletions to them.  And so the story goes on.

Before I purchased this website, Stephen was a subject matter here and discounted, verbalized and chastised many on this board including actual scorecards and scoreboards from real live B&M casinos and the comments from himself or his numerous sock-puppets were in attempt (IMO) to boast his own thoughts, ideas and commercial ventures for sale.

Kinds of the same thing happened with Mark AKA: Gizmotron, and his school tutor teachings, etc.  But things went personal with personal attacks and more.  Maybe I played into them, maybe those other members rolled with something I started.  I do not know.  But, Stephen did get extremely personal and vindictive.  Plus, he was clearly selling his books, etc.  As far as I know he would not even support this website with Vic at the time.

As far as 888 and those articles, I was also approached to co-market with them as well and for the few dollars possible, I declined.  They also offer to purchase for about $10.00 to $25.00 series of articles related to gaming that fit into their protocols and schedules, etc. 

On a side note, you will notice on most forums, gaming/gambling included, there will always be those that are A-Alpha and devote extensive time to writing, posting, copying and pasting and everything related.  Those will usually attempt to control and rule the board and any member or poster not in agreement with them will be ousted, humiliated, chastised and talked down on in the highest majority of instances.

I still say, if it does not interest you, you learn and find it interesting, you enjoy it and not necessarily endorse it, just are interested by it, read it and post and enjoy.  If not, whether the thread or a complete forum, just skip it and close the cover, the same as going to Barnes & Noble and checking out a book.  If you like it, buy it, if not do you really complain, write the author, chastise the store manager for selling it, write letters hatred and picket outside the store? 

Thanks, Alrelax, Glen.

LOL.  ROMAFL!  Classic, great scene from Do the Right Thing.

https://www.youtube.com/watch?v=gLYTObRhcSY

Samuel Jackson won.
Absolutely one of the best, love the guy!

Well one stereotype about Samuel Jackson is true...HE'S ALWAYS YELLING!!!!!!!!

Pretty much says it the way it is, was and always will be.  Quote from a Jewish Politician in Midtown Manhattan when quizzed about slavery and who put the money up for so many slave ships.  Usually it is the beast the roars the loudest, LOL.

Realism the way it is most of the times.  But not publicized and not brought into the mainstream media any longer because it is so against the leftist do gooders.  And by the way, that clip is not satire, it is reality.  Bed Stuy, Red Hook, South Bronx, Jerome Avenue, East New York, countless other sections.

https://www.youtube.com/watch?v=OLdIKlXl3ZA

https://www.youtube.com/watch?v=8Xjr2hnOHiM&t=59s

And the comments.  P.S.:  For thsoe that copy and Paste and add things, the comments are on YouTube (A Public Site) LOL

""Hey....I Gots to know".....never gets old watching that moment. Proper English, LOL";

"Love how he is so chill with the whole thing. Like "Ah for chirst's sake, I was just enjoying my lunch when these punks showed up and bothered everyone."

"He's shooting robbers while still chewing his lunch. What a badass! Modern movies have nothing on Dirty Harry";

"The "punk" was played by Albert Popwell. He was in 5 Eastwood movies altogether:
The Enforcer, Sudden Impact, Magnum Force, Coogan's Bluff and Dirty Harry.";

"Too bad that ALbert Popwell became a crack dealer and fell into the down sides of his own people".

And just to refresh the memories of all the by passers and stop by type of people that are nosy, trolls and board of drama over at other websites where they attempt their form of control and bull-stuff, etc., a few got so pissed off when I actually supported the founder and person that formed this board.  When I posted what I sent him and encouraged others to do so, sometimes it worked and other times, like the last few times, a few got enraged and posted their derogatory comments. 

But fact remains, that they NEVER contributed to this board.  They vomit their hatred, they vomit their on-line drama and a bunch of gambling fallacies to the max!  And reality also proves and proved, that a few of them have actually posted such lengthy and volatile stuff on other message boards, which they used to complain my posts were lengthy and complicated.  ROMAFL to the max!  Does not matter if there is one or 1,000 members here, active or inactive.  Point remains the same, this board is open and will remain open and can be the base for anyone that desires a neutral gaming board base as long as people follow the rules of the board.

Reality remains, if you do not like it, enjoy it, learn from it, find it interesting, skip it--the same as you would in a book store, no darn different!  If you are going to chastise, humiliate, degrade, demean, make up fake news-events and histories of other members, go to Wizard of Odds, VMB or anyone of the other boards, Facebook, Twitter, etc., and do just that.   

Reality has proven that they resent anyone that is successful (no matter what level or magnitude of success that might be, or whatever the member is positively posting about) or has accomplished anything with casino wagering of any level.  Reality has also proven that they attack, berate and lie about other members.  The level of hatred and bitterness from within those, literally and physically spending hours upon hours of internet computer time to post hatred and as well as, their own utter infatuation and total consumption caused by either a Gambling board owner, Moderator or other member, is the most pitiful thing I have every witnessed!

However, Reality has proven just that! 

Many do not realize, but it is so true.  At the baccarat table, on the gambling forums and within life in general.

When you do well you become a sign of hope to the optimist, but to the pessimist, you represent the stink of their very own failure and mistakes.

Furthermore, those pessimists will swear up and down with great fury and sometimes convincing belief, spread that everything you have accomplished or discovered is really what led them to their downfall or mistakes. 

Dedicated also to the on-line know it all, that specializes in lies, YouTube, copy and paste and drama like a transsexual that was exposed to the straight world he once dominated, among many more traits and factual but worthless agenda to his life of on line gaming for trivial amounts of money (if any) as well as his full time career of message board posting,  Love you bro, 'seriously I do' just about the same as the number 6 on a fast food menu cooked in old fryer oil about 10 mins from closing time.  I might actually love the #6 a tad bit more.

ROMAFL!

P.S.:  I do not have to name him, he knows who he is.  

Helping to Define Presentments, Models & BetSelection Wagering, PART 2

Here, this might explain it to the baccarat players that have actually been around long enough to lose, to win and to have been sucked in by the countless distractions and influences that exist at the live baccarat tables in brick and mortar casinos. 

It is certainly possible to be absolutely certain ... and absolutely wrong?   Correct operations upon mistaken premises do not generate useful results. 1+1=2 only if we agree on definitions of those symbols and their interpretation which make that a true statement; if we do, then it is true by definition within that system.  And hence, the systems, explanations, and computer-generated baccarat test models that are endorsed or explained to win a greater amount of times than they will lose.  Usually by those claiming to bring large bankrolls to hold your ground, play long enough without stopping or another fallacy somewhere along those couple of examples. 

We know that math is self-consistent, and we know it produces results which make useful predictions about the real world, and we find ways to refine it when if falls short, such as complex numbers...such as multiple columns and elaborate ways of waiting for a wager if this or that happens, or claiming to stick to a mechanical scheduled wager following events that are yet to unfold, etc., etc.   And that my friends as much truth as science ever offers because those posters are taking something that is basically true as a premise and converting it, molding it and shaping it to coincide with their wagering beliefs, hopes, desires or whatever one wants to label it.

Another term for what they are offering to match their extreme (LOL) knowledge and decades of baccarat play that they mold along with their highly educated backgrounds (again, LOL) is a simple two words, Deductive Reasoning. 

Deductive Reasoning implies that if all of the premises are true and if the influences are valid, it will follow.  SIMPLE!  Hence, the conclusion must be true.  The conclusion can be anything the author/poster wants it to be.  The group of 3 after the XYZ event presents itself in the third column of seven total columns, etc., etc.  Or something along the lines as, every 3rd or 4th or 5th B or P will cut to the opposite side more times than it does not. 

All proofs and arguments are finite. If they were not, the conclusion could never have been reached.  Think about it.  Everyone relies on premises and those premises, forming the basis for the argument are unproven.  They are only proven in the mind and vision of the person testing, explaining and claiming fame to the way that sustains themselves in guaranteed wins or at least grinding out a solid winning amount most every time if not every time they sit down and play. 

You could create a proof of those premises, but that new proof would in turn itself rely on unproven premises, no?  Yes, it would!  The problem is inescapable.  But of course, the master of baccarat or any table game for that matter, be it systems salespeople/authors, those people desiring to control and rule the gambling forums, or those offering their tutorial and educational services.  Ultimate, all deductive reasoning depends on premises that are not deductively proven. 

The arguments often also rely on auxiliary premises that are not explicitly present. They are simply background assumptions, fallacies or events made up by those in retaliatory mode against anyone that claims their info/date is flawed or might not work. 

Those claiming the fame as I outlined above, will only outline the events or presentments when such continues.  But the whole flip-flop and downside is, the black hole of never knowing when those presentments and events will surface and how long they will stay. 

Models are nice because they are finite.  Simple.  A model is tangible in so many words.  And yes, that model might have worked, but still, there is no way to define how large and how long anyone needs to sustain himself at a gaming table until that model kicks in and hopefully performs in the same length, shape and longevity as it did on the model that was discovered by its author, etc.  And more times than not, if not all, there will be periods of thousands and thousands of hands presented until those models do present themselves for an unknown and in no way guaranteed length of stay, let alone arrival.