Friday, July 30, 2010

Online Casinos

Gambling can be defined as the wagering of money or anything of material value in an event with an uncertain outcome. The primary motive of gambling is gaining more money or material wealth if the outcome of the event is favorable.

Online casinos or internet casinos or virtual casinos are online versions of the traditional casinos. Here you can wager and play your bets thorough internet casino games. The method has gained rapid popularity throughout the world and made a niche for itself due to its various advantages. Online casinos enable you to gamble sitting in the comfort zone of your house. The most tempting advantage of online casinos is the fact that many of these offer greater payback percentages and more odds as compared to land based casinos. Hence it is a matter of little wonder that this industry has become one of the most lucrative and wealthy industries world over.

It is quite a quandary for a first time gambler to choose the right option from a plethora of online gambling sites available which offer quite some lucrative options at very competitive rates. Here comes the facility of internet gaming reviews. These reviews elaborately detail the certification of the casino along with assessing its payback reliability. Also the reviews help you in game selection by providing adequate information about different gambling games along with a surfeit of betting games options. They also let you know the different methods by which payment can be made and tokens can be bought safely by using credit cards, cheques, bank transfer or other forms of online monetary transfer. Thus these reviews are the perfect way to get started on online casino gaming.

Based on their interface online casinos can be divided into three types.

1) The web based online casino is where you can play from home without downloading any software or installing any software. Here the important equipment for the facilitation of the game is browsers as browser plug-ins are used for representing casino games. Sometimes many games use plain HTML interface.

2) The second type is the download based casino which requires the software to be present on your machine for you to play at download based gaming sites. Here the role of a browser is redundant as a browser is not required to maintain the connection with the casino service provider. Thus with the installation of the software the speed of gaming becomes faster as compared to web based ones.

3) The third and final type is the live casinos. The objective of these casinos is to provide an ambience similar to live casinos while playing the games online. The place where these score over the other two is that these provide the fair option to the you of interacting with other players and dealers present at the tables in land based betting studios.

Thus online casinos provide a comforting and encouraging experience for you to gamble from the safe and comfort zone of your house.

Friday, July 23, 2010

Dow Theory

The Dow Theory was derived from 255 Wall Street Journals written by Charles Dow. According to the Dow Theory at any given time you are likely to witness three forces in the market. There is a primary force that spans from one year to several years. There is an intermediate force which has a span of several weeks and there is a short term movement which may last from a matter of minutes to one day. Short term rally is generally lead by investor emotion and more over than not there is no fundamental supporting such a rally. There is a high probability that the rally was lead by some positive news.

If the market has fallen a considerable amount some people start buying and this phase is called accumulation of stock. This level is often referred to as the support level. At this time there is not much movement in the market as the demand of these traders is accounted for by the supply provided by the rest of the market. Once everyone else starts following the trend and the market starts moving in the opposite direction those who were accumulating the stock for so long now distribute the accumulated stocks. This is generally the resistance level. Dow also stated that trends exist in the market until the market establishes higher highs and lower lows when compared to the 200 day moving average. Once the market establishes higher highs or lower lows it is likely the trend in the market has changed.