Fox Lake IL Gaming Laws

As early as 2009, 3 years before Fox Lake adopted the 230 ILCS 40 (code for the new video gaming laws), Ed Bender, the then Fox Lake Mayor had seen both sides of the coin regarding the video gaming act. If enacted, he said it might bring the town a bad reputation but at the same time, perhaps it would also attract video gaming enthusiasts from neighboring towns and states where video gambling was illegal. Today, seven years later, video gambling has done more good than harm for Fox Lake and its community. And true to his words, many businesses have sprung up back to their feet. Business data shows that the enactment of this legislation has been good for the whole of Illinois and more local governments are adopting this new law.

By 2012, Fox Lake was waiting for the Illinois Gaming Board to finalize its regulations for the state-run video gaming network so that qualifying business people in the village could apply for their video gaming licenses. Thus, Fox Lake is one of the towns in Illinois that adopted the new video gaming regulations as soon as the law was enacted. How has this affected business in Fox Lake? Many proprietors say they have benefited greatly as we will see later in this article.

At the time, many people thought it was good news – they were right

In 2008, the Illinois smoking ban had gone into effect and it had affected many businesses, with some tavern owners reporting up to 30% less business. However, there was a silver lining in the cloud with the enactment of the 230 ILCS 40 because it would bring back business and compensate the owners for the business they had lost since the smoking ban went into effect.

In a board meeting involving business people and Fox Lake leaders, 10 business people asked the leaders to vote in favor of adopting the new video gaming laws.

But the laws were not accepted from the word go without opposition. Mike Behan, the then Police Chief for Fox Lake had written to the board showing his concerns about the intended adoption of the law. Among his concerns was that legalized video gambling would cause more alcoholism, financial problems in the local families and drunken driving. He was also fearing an increase in embezzlement and fraud cases but he did say that the police would consent to whatever the board voted for.

So, after the adoption of the new video gaming law of Illinois in 2012, has Chief Mike Behan been proved right or has the former mayor been vindicated by an increase in business? All of the evidence available points to the latter. You can confidently conclude that the Fox Lake adoption of the new Illinois video gambling laws was well advised and that it has brought more financial benefits than harm to the locals.

October 2012 to October 2013

The state of Illinois passed the law legalizing video gambling in 2009. Under the new law, fraternal organizations, truck stops, bars, veterans groups and restaurants could set up to 5 terminals in their establishments. They would however have to get a license for each terminal from the Illinois Gaming Board. From 2009, it took a further three years to streamline the regulation but when everything fell into place, Fox Lake was one of the first places to get on the state-run video gaming network, in 2012.

In the first year of approving video gambling licenses in the suburb, the city officials had only budgeted for $12,000 but to their pleasant surprise, the amount of money that video gaming raked in for them was many times more than that, at a handsome $93,338. This revenue was used for funding the Pace Bus program and since then, video gaming revenue has been directed to huge improvements in the village. For a small place like Fox Lake to earn more than $90K in the first year of operation, it shows that there is a lot of potential in video gambling and that is what prompted the licensing authorities to license more establishments to host video gaming terminals.

Fox Lake establishments that have video gaming terminals

Many businesses have enjoyed the benefits of legalized video gambling. One of these businesses is Stella’s Place that offers restaurant services as well as video gaming services. But it is the gaming experience that you will get there that is so outstanding, with more than 40 of video poker games and slots. The beautiful ambience and the good food add to the warmth of the place, attracting more diners and gamers.

It is open every day from 8.00Am to 2.00AM and while it has many items on the menu, gaming is the main course. It is the ideal entertainment place for grownups who want to have a video poker experience to try their luck.

J’s Sports Bar and Grill in Fox Lake has also been a big beneficiary from the proceeds raked in from video gaming. The owner of this establishment once said that video gaming saved the business from closing. Video gaming with voucher payments is now one of the biggest attractions on the J’s Sports Bar menu.

Fox Lake Country Club has 5 gaming terminals, the maximum number that is allowed by the law. The total amount won here is $8,421,675.44 so far. This establishment offers an 18-hole golf course and because it is open to the public, it is a very popular venue for summer vacations and video gaming.

Hidden Point Bar & Grill offers video poker from its three video gambling terminals. This is in accompaniment to some of the tastiest Mexican pork tacos that you will ever taste in the world. The total amount of money won at these three terminals comes up to more than $1.5 million.

Conclusion

There is no doubt that the 2012 decision to allow Fox Lake to get on the state-run video gaming network was a good decision for all parties involved. Business has grown exponentially with some proprietors saying that having video gaming terminals in their establishments saved them from closing down. The local and state governments have also benefitted by getting more revenue to run community programs for the benefit of their citizens. With legalized video gambling in the state of Illinois, more income and better business opportunities have been generated.

Poker Buzzwords For the Novice

It is not an uncommon occurrence for the new poker player to stride into a club, sit at a table and not understand a word being spoken. This is not a conspiracy against the new guy, these players are using terms and abbreviations that they have picked up from long experience in clubs and casinos. Poker is a game rife with special words and ideas. This article is particularly meant for the beginner who is playing online and cannot decipher the chat messages posted on the board in the poker rooms and forums.

We will begin with the most obvious, and that is with the ever-popular game of Texas hold’em. You have your choice of limit, pot limit and no limit games. Anywhere from two to ten players may engage in a Texas hold’em session. The cards are dealt by the “dealer” whose position at the table is designated by a unique “button” and the one doing the dealing may be referred to as “the button.” This person is not the same as a casino dealer who makes his living at it while being paid by the casino and cannot participate in the game.

In back of the dealer are two players who make bets blindly. Only the table limit keeps the lid on their bets. They cannot bet over the particular table’s limit. The first blind bet is for half of the table limit and is termed the small blind, the second player places a bet for the full table limit, the big blind. So, if the table limit $2/$4, the small blind will be for $2 and the big blind for $4. You often see abbreviations which designate the player’s position. SB stands for small blind and BB denotes the big blind. Of course this seems too easy and it is. SB can also mean small bet and BB big bet, having nothing to do with blind. Be aware of this and distinguish between them while engaged in play.

The first move is always made by the small blind player. Because of this, his position is counted as the first position. The button, or dealer, plays last and is counted as whatever that number is depending on the number of players at the table. The second move is by the big blind and the third player is still in an early position and “under the gun” or UTG. Following are the next two positions also considered “early” are known as UTG +1 and UTG + 2. Are you still with me?

So, moving right along, the next three players are part of the middle position or MP1, MP2, and MP3. And the “late” positions consist of the player right before the button and is referred to as the cutoff or CO. Bringing up the rear is the button player.

Those positions listed above exist for a Texas hold’em game of ten players. Less players than ten and an appropriate number of positions are eliminated.

The first step of the game is called the preflop, during which each player is dealt two pocket cards. Three “streets” follow the preflop: the flop, the turn (the fourth street), and the river (the fifth street). During these rounds community cards are laid out on the table (also “the board”), called after the relevant streets: first three flop cards, then one turn and one river card. Flop cards of different suits are called a rainbow.

This is a bare beginning in the argot of online poker, but it should whet your appetite to learn more terms and gain more understanding of the games in the online poker rooms. So, good luck and enjoy the game and the education you are giving yourself.

Secrets of the Betfair Loophole – Trading For Guaranteed Profits

The advent of the Betfair and the other betting exchanges which emerged opened up a loophole to a whole new world of making money with betting. I don’t like to use the word ‘gambling’ as this isn’t how I see it – the real money to be made on Betfair is trading in other peoples’ bets.

So is there really a secret loophole in Betfair from which the likes of us can make a profit. The answer is definitely yes! But don’t worry, this isn’t some backdoor dis-honest system that will get you banned from Betfair – using the loophole they will still make their money! Betfair make their profits from commission and they have no interest who wins and who loses – as they middle man they always make their money.

The secret loophole on Betfair is all about finding niche bets where statistics prove you will make a profit. This is far easier than it sounds – there are certain sports and events where the outcome is far less predictable than others and by trading bets on these it really is possible to make some very healthy profits.

Think about this – in something like English Premiership football the experts who work for the bookmakers will have vast resources of data on which to base their odds. They will have histories of games, player performance, data on how teams perform against each other etc on which to set very accurate odds. In lesser known sports and events there are niches where it’s easy to trade bets on Betfair where you are making a profit from ‘mug punters’ – those who really are tossing a coin to guess an outcome!

The Befair Loophole System identifies dozens of these opportunties every day and allows someone with very little knowledge or time to churn out healthy profits. I’ve read that only 2% of people trading on Betfair actually make a profit long term and by playing this Loophole you can join those 2% rather than the gamblers, dreamers and no-hopers in the 98%.

Stop Compulsive Gambling Addiction With Education

Through proper education, society can develop programs to stop compulsive gambling addiction before it gets out of control. It’s unfortunate that people are willing to educate themselves only after they have been negatively affected by gambling. In most situations the damage has been done.

When most people think of education they think of schools and books. When in reality every day we are educating ourselves about life from the time we get up. To Learn about compulsive gamblers all we need to do is observe their patterns. Breaking the patterns will help in the recovery process. All the signs are there, all we have to do is face the truth. You start to ask yourself more and more questions. What are we going to do? We are going to find all the resources available and apply them to our situation. Through this knowledge we will help to accerlate the recovery. The first area to look at is your understanding of what you are going through. It dose not matter if you are the compulsive gambler, friend of the compulsive gambler or related to the compulsive gambler. Your life has been affected. It’s now time to focus. Educating yourself on compulsive gambling addiction will help you to plan for your future. You can have a wonderful future.

It’s first important to understand the definitions of compulsive, gambling and addiction. Through knowledge you will gain a better understanding of compulsive gambling addiction and find new alternative ways to treat it.

Compulsive is an uncontrollable desire to do something.

Gambling is the wagering of money where the end result is uncertain and the individual is willing to take a chance.

Addiction is a craving that develops into a dependency to repeat a certain behavior over and over with out regard for the outcome.

Combine these three words and you have an uncontrollable desire to gamble where the outcome is uncertain that develops into a dependency.

It’s unfortunate but most people can not tell that they have an addiction until they have developed a self destructive behavior that has negatively affected their life.

What causes a person to have a compulsive gambling addiction? No one knows for sure, but there are many similarities in the type of individual that have becomes addicted. If we can understand the type personality that is more susceptible to addiction, then we can at least safe guard ourselves. For example it’s an established fact that children of alcoholics have greater chance of becoming an alcoholic. Since there has been significant growth in the gambling industry more and more people have developed a compulsive gambling addiction.

Gambling is a common practice all over the world. It’s believed that gambling dates back to the ancient civilizations where people would gather to take a chance even though the odds were against them.

People who are close to you, who have developed a compulsive gambling addiction will not show signs until a majority of their resources have been depleted. However these people exhibited negative social behavior inside the gambling establishments.

The gambling establishments are not regulated by law to stop people from recklessly throwing away their money. Even though these places know what they are doing to people, they recklessly destroy people’s lives for profits.

The gambling establishments have seen gamblers stay up for two days straight gambling and have not turned them off. They have allowed these individuals and other to max out their credit cards. No one did anything to help them. A bar is required by law to turn someone off if they appear to be drunk. Gambling establishment’s can also identify people who are in trouble. I have taken the opportunity to interview employees at gambling establishments. The employees all stated that they could tell who had a compulsive gambling addiction based on their repetitive behavior patterns. For example they would continuously go back and forth to the cash machine, they are there at all hours of the day and night when rational people would be sleeping, been seen in the same clothes for more then two days and there are many more signs. Why doesn’t somebody do something about it?

When compulsive gamblers go out to the gambling establishments with friends or family they appear very conservative when they gamble at first. By the end of the night all the signs are there, but no one is paying any attention. A few signs are seeing them frequently go to the cash machine, not ready to leave when you are and they continually tell you that their luck is going to change with just one more bet.

You can find more information at I Stopped Gambling So Can You:

http://www.istoppedgambling.com/

Education is the key and increasing your knowledge will enable you to deal with your particular situation.