Bet & Win - Sports Gaming Entertainment Centers
Wednesday, November 08 2006 @ 06:38 pm EST
Contributed by: Don Winner
Sports Gaming Entertainment: A bookmaker or "bookie" is an organization or person who takes bets and may pay winnings depending upon results and, depending on the nature of the bet, the odds. Bookmaking is generally legal in Las Vegas and Bet $ Win holds the license to operate sports books in Panama. A sports-book is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, hockey, soccer, horse racing and boxing. The method of betting varies with the sport and the type of game. The more prominent the event, the more wagering options are made available.
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For the Die-Hard Sports Fan: Winning bets are paid when the event finishes, or if not finished, when played long enough to becomes official; otherwise all bets are returned. This policy can cause some confusion since there can be a difference between what the sports-book considers official and what the sports league consider official. Customers should carefully read the sports-book rules before placing their bets. The betting volume at sports-books varies throughout the year. Bettors have more interest in certain types of sports and increase the money wagered when those sports are in season. Likewise the interest in sports varies by country since the level of interest in the various sports is not constant the world over. Some major sporting events that don't follow a specific schedule, like boxing, can create peaks of activity for the sports-books.
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Legal in Panama: In Panama there are only a few organizations that are properly licensed and legal to operate in the country. Most bookmakers bet on college and professional sports, and in Panama Bet $ Win offers a wider range of bets including things like political elections. By adjusting the odds or by having a point spread the bookmaker aims to achieve a 'balanced book' by getting an equal number of bets for each outcome or by getting the amounts wagered on each outcome to reflect the odds. The bookmaker does not generally attempt to make money from the bets themselves but rather profiting from the event regardless of the outcome. Traditionally bookmakers have been located at racecourses but improved TV coverage and laxer laws have facilitated betting in shops and casinos.
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Events Big and Small: The general public tends to have more interest in big sporting events and season-ending championships like baseball's World Series, the Superbowl, and the World Cup. Here are some frequently asked questions:
- What are the minimum and maximum wagers? The minimum straight wager for sporting events is $2. Maximum wager for football or boxing is $5000.
- How fast are games graded? All games are graded as soon as they become final and scores have been triple checked for accuracy.
- What happens if an event or game is postponed? The game or event is graded "No Action" and all funds are immediately returned to your account.
- What are you hours of operation? Mino 's Bet$Win has 5 convenient locations which open daily at 11am and 10am at weekends. Our call center operations open weekdays at 11am and 10am on weekends. All stay open until the last scheduled game goes off the board, excluding games played in Hawaii.
- How can I open a phone account? Simply call our toll free number 800-2424 or locally on 227-2424 to speak with a friendly Mino 's Bet$Win account representative.
- How much does it cost to open up an account? There is no cost associated with you VIP membership. The minimum to open your account is $50. Your initial deposit becomes your opening balance available to begin wagering with. Special prizes are available and awarded for opening accounts of $100, $250, $500 and $1000. All deposits are kept in an escrow account in Banistmo Bank.
- How do I collect my winnings? There are a number of options available. After your payout request has been processed, you can pick up a check at any location, have the check delivered via Minos Bet$Win courier to your home or office, or receive a direct deposit or bank wire to you bank account. This usually takes one banking day to complete.
- How can i check my account balances? Your balance will be confirmed at the beginning of each call by Minos Bet$Win operators, after you provide the account number and password to access you account information.
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- MAGIC CASINO - Via Transismica Antiguo Super 99
- BINGO 90 - Via Espana Obarrio Calle 57
- LUCKY GAMES - Los Pueblos: Centro Comercial Los Pueblos Corregimiento.
- BET$WIN SPORTS CAFÉ - Veneto Casino & Hotel – Via Veneto.
- BBQ SPORTS - El Dorado Mall, behind Fantastic casino.
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- Please Visit Our Website - Bet $ Win
- Telephone - 227-2424 or 800-2424