The Cereus Network (Absolute, UltimateBet) have finally dropped the rake on their 500-chip super turbo games. The new rake is 2.5%. For Super Turbo Strategy, click here. To see what kind of bankroll you need to play these games, assume a 2-4% ROI and use this calculator. If you want to make a new account on Cereus, please use Risk Oriented Rakeback.
Cereus Slashes Rake on HU SuperTurbos
Massachusetts OK's Casinos
Gambling advocates won a major victory in the Massachusetts House of Representatives yesterday. Reporters call yesterday's legislation the largest expansion of gambling in the state since 1971, the year the Lottery was implemented.
The vote was 120-to-37, a landslide victory for gambling advocates. Legislators say the slumping economy persuaded them that casinos and slot machines represent an opportunity to create jobs and capture about $1 billion of revenue a year.
Cereus Snoops on Users
C
ereus has implemented snooping code into their software. According to this thread over at twoplustwo, a user has reported that his antivirus detected suspicious activity from the Ultimate Bet application.
He writes, "I found out because yesterday after the update from UB, Kaspersky has
been reporting keylogger four times, every time after starting the UB
client. This is the first time I've seen Kaspersly report a keylogger
after months of using the UB client."
Fortunately, Hold'em Manager and Poker Tracker are on the list of allowed applications.
Turning Stone Wins Battle vs New York State
Today, Turning Stone's legal battle with the New York State legal system resulted in a win for the casino. This should end the long legal battle about whether or not Turning Stone will be allowed to operate in New York State.
Full Tilt Crushes in the Courts; Wins Cases vs. Kentucky and vs. Clonie Gowen
Two of the legal battles facing Full Tilt Poker wrapped up today, both judges siding with Full Tilt.
Sega Opening Online Poker Site
SEGA Games Ltd. filed an application with the Alderney Gambling Control
Commission in March 2009 to enter the online gambling market. Sure
enough, the application passed and SEGA now has a full interactive
license and can begin operations.
Kahnawake's Final Decision in UB Scandal
The Kahnawake Gaming Commission's investigation into the superusing scandal at UltimateBet has completed.
Protectionism Threatens International Online Poker
A strong recent trend threatens internet poker. Italy has limited its citizens to Italian-only networks; Austria limits its citizens to Austrian networks. France and Switzerland have similar plans. Canada seems to be joining the party as well. Additionally, state monopolies have official support from the EU. If the US legalizes online poker, they will likely choose a similar route.
Judge Clarifies UIGEA
According to Gambling911, a 3rd Circuit Court upheld the UIGEA but made its language a little more clear. Imega submitted a press release, stating
"The 3rd Circuit decision on our UIGEA challenge came back this morning. They upheld the law, but as indicated by questions during oral arguments, they seem to be saying - 'if the state where the bet is placed says internet gambling is illegal, then processing that payment is illegal'...meaning that it is not illegal if the state doesn't have a law saying internet gambling is illegal."
Testosterone #1 Factor in Risk Orientation
It is well-established that women are more risk averse than men. Now, we know the reason why. According to new research published in the Proceedings for the National Academy Sciences, men and women with similar levels of testosterone have similar risk aversion.