Learn How Live Dealer Casino Games Work

Live dealer games are one of the more interesting and noted trends which have been happening in the last few years in the online casino industry. Live casino games were initially developed about 10 years ago as a niche type game primarily targeting the Asian markets, who expressed a demand for such a type of games. In the time that has passed since then, live casino games have changed, developed and evolved quite a lot, making them as popular, exciting and lucrative in the Western world, especially in the UK and Europe. 먹튀폴리스

Live dealer casino games are in fact online casino games where the player is actually engaging in a real live game hosted either at a real B&M casino or at a studio. The cards are dealt by a real live dealer who has been especially trained to host such games and players can see exactly what is happening in the game and enjoy as much as possible the excitement and action similar to what they would experience at a bricks and mortar casino.

In the early days of the internet, many land based casino players, eager to try out the new medium of gambling online, didn’t do so for two main reasons. The first being that they did not feel comfortable with providing their credit card details to some online entity they could not see or touch. The second was that players generally didn’t trust the random number generators (RNG), which are the “engine” behind all online casinos. Many people believed that the RNG was fixed and in the favor of the online casino, thus making the chances of you losing all your money almost certain. At a land based casino, players could see the cards and the dealers and feel the action on the casino floor. The fact that they were dealing with real live people made the whole business believable. Having a machine deal the cards instead of a person was unthinkable in those days! This forced the online casino software providers to come up with a solution; live dealer games where the player could see the dealer and the action at the casino, just from the comfort of his own home while playing at an online casino.

The first live dealer casino games were rather limited and didn’t quite offer the player experience the online casino software companies hoped for, especially due to technical and technological reasons. Video streaming was extremely slow due to narrow the narrow band width that existed in those days and the result on the players’ end was not the excitement and glamour on the real Vegas casino floors. Due to this, live casino games did not become as popular as the developers and casino operators hoped for. Luckily, developments in bandwidth and video streaming have contributed largely to the ability of software providers to improve and enhance live casino games closing the gap between the dream and vision to reality.

Most online casinos don’t develop their games in-house and purchase a license from a company that develops the software for online casinos. The leading software developers that offer live casino games are Playtech, Microgaming and Evolution Gaming and they generally operate them for their licensees, either from a TV studio or from a real land based casino. This means that you will probably see the same live casino games at different online casinos. The reason for this is that the operating costs are higher than the standard RNG powered games. The result is that this is the only business model so far that has proven itself profitable to both the software developers and the online casino operators.

Online casinos generally offer a narrow selection of live dealer games, namely roulette, blackjack, baccarat, sic bo and casino hold’em. Roulette and blackjack are the most popular by far.

When getting started with live dealer casino games you are required to choose the table and dealer you prefer. Dealers are usually very good looking women; however there are also a few handsome men around to keep the ladies coming back for more. The live dealer manages the game, just like at a land based casino and they are all extremely well trained and knowledgeable as they need to deal with many things at the same time. If you have the sound on the computer turned on you will be able to hear all the ongoings in the studio and even the live dealer wishing you luck.

Almost all live dealer casinos are regulated and are based in the UK, Ireland and Eastern Europe. The hands dealt to players are random and the game is super fair just like at a land based casino and you can see everything with your eyes.

Bonus and promotion wise, there are rarely any offered by online casinos, however the regular bonuses and promos apply to the live casino games, just like any other.

 

What Are The Last Earnings Reports Of Occidental (OXY) Petroleum Corp?

Occidental Petroleum Corp is one of the international oil & gas exploration and production company. The NYSE: OXY company has operations in the United States, the Middle East, and Latin America. It is operated through three segments such as Oil and Gas, Chemical (OxyChem), and Midstream and Marketing. Its Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. It has manufacturing facilities in the United States, Canada, and Latin America. Midstream and Marketing segment such as purchases, markets, gathers, processes, transports, and stores that are including oil, NGL, natural gas, carbon dioxide, and power. Oxy Low Carbon Ventures, LLC develops carbon capture, utilization, and storage projects that source anthropogenic carbon dioxide.

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Occidental Q2 Loss Wider Than Expected, Sales Miss

Occidental (NYSE: OXY)Petroleum Corporation reported a second-quarter 2020 loss of $1.76 per share, wider than the Zacks Consensus Estimate of a loss of $1.66. The company recorded earnings of 97 cents per share in the prior-year quarter.

  • Total Revenues

Occidental’s total revenues were lagged the Zacks Consensus Estimate of $3,894 million by 23.6%. The top line also decreased by 33.5% from $4,476 million in the year-ago quarter. The year-over-year decline was due to lower contributions from all segments.

  • Segment Details
  • Oil and Gas revenues for the quarter were $2,040 million, down 24.9% year over year.
  • Chemical revenues for the quarter were $846 million, down 15.2% year over year.
  • Midstream & Marketing revenues for the quarter were $204 million, down 77.6% year over year.
  • Production & Sales

It has1,406 thousand barrels of oil equivalent per day (Mboe/d) that is exceeded the midpoint of the guidance by 36 Mboe/d. The strong production volumes were attributed to higher volumes from the Permian Resources region. Permian Resources production for the second quarter was 465 Mboe/d, which exceeded the upper end of the guidance by 5% and was up 60.9% year over year.

  • Realized Prices

Second-quarter has realized prices for crude oil decreased 60.7% year over year to $23.17 per barrel on a worldwide basis. Worldwide realized NGL prices decreased 56.7% from the prior-year quarter to $7.79 per barrel. Worldwide natural gas prices are improved 6.8% from the year-ago quarter to $1.10 per thousand cubic feet.

  • Highlights of the Release

Occidental, similar to other oil and gas companies, was adversely impacted by a steep decline in oil prices. Crude oil hedges are provided some support to the company amid the falling commodity prices. It is aggressively managing costs and implementing ways to lower expenditure.  You can check more stock information like ssi stock before stock trading.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.