USA Online Gambling

$13 Million March Madness Contest

March Madness is here again!  There will be 64 NCAA teams competing in 63 games between the first round and the final Championship game.  The excitement begins on March 18 with a ton of first round games being played in just a few days.

Think your picks are good?  Maybe even perfect?  Well Sportsbook.com has a massive $13,000,000 perfect bracket contest!  Don’t worry if you don’t have the perfect bracket because Sportsbook.com also has a guaranteed $10,000 prize pool to the top 3 contestants who get the most points.  Many of the online sportsbooks are offering March Madness promotions, but this is the biggest one.

So here are the payouts of the March Madness Bracket Contest:

• Perfect Bracket – $13,000,000
• 1st place – $5,000
• 2nd place – $3,000
• 3rd place – $2,000

New Sportsbook.com members will also receive a FREE $250 Bonus!

The $13,000,000.00 will be awarded to the person who predicts every winning team in the bracket.  If no one hits the perfect bracket, you can still win part of the $10,000 prize.

To be eligible for this contest, you must place $20.00 in wagers during each round of the tournament.  The $13 million will be paid in monthly installments of $54,166.66 for 20 years!

Download a printable March Madness Bracket here

Bracket Point System:
1 point for every correct selection in the 1st Round
2 points for every correct selection in the 2nd Round
4 points for every correct selection in the 3rd Round (Sweet Sixteen)
8 points for every correct selection in the 4th Round (Elite Eight)
16 points for every correct selection in the 5th Round (Final Four)
32 points for picking the winner of the Championship Game (Round 6)

Sportsbook.com is on of the top sports gambling websites has been around since 1997 and is open to the USA.

Online Poker Legislation Introduce For United States

Online poker within the United States of America was almost outlawed when legal legislation (UIGEA) keeps making it harder for poker players to deposit their funding into their online poker accounts.

Since the passing of the UIGEA legal bill in 2006 the poker playing public have been teaming up with influencial figures within the United States in order to try to overturn the legislation that made their pass time harder to participate in.

News has been revealed that law makers in the US have now introduced another legal bill that will make the playing of poker and gambling online easier for the US based players, producing an alternative to minimum tax, providing breaks within the taxable mainstream.

US senator Judd Gregg issued a statement about the latest bill, known as S3018, saying “These simplifications alone will make it possible for most taxpayers to file a simple one-page 1040 form and in an effort to make paying taxes even simpler, individuals and families can request that the IRS prepare a tax return for them to review and sign.”  The S-3018 is not an online gambling bill, but it is “The Bipartisan Tax Fairness and Simplification Act” which does has language that will pave the way for online gambling regulation.

The believed reasoning for the passing of the bill is that the benefits of the United States offering players the chance to play and gamble online while taxing their earnings, allowing additional funding that will be used in conjunction with the country’s medical care fund.

** This article was written by one of out former writers and is very confusing.  For a more detailed description of this bill (S-3018) and how it relates to poker, please visit this PokerNewsDaily article.