Casino Gambling Betting

One of the oldest sources of entertainment, a combo of games that involve not just players but most importantly money, has a history of making millionaires as well as turning many of them bankrupt, gambling is an activity with a difference. Since time memorial gambling is the favorite pastime of people across the globe. For some gambling is the best means to merry-making whereas for countless others it is the ideal way to make huge amount of effortless money in a short while.

With the passage of time, gambling has taken many forms. In early years gambling was all about throwing dice and shuffling cards. But now there are several different versions of gambling such as slot machines, gambling online, betting on horse and car races etc. This has not just introduced gambling in almost every corner of the world but has also popped up the number of gaming aficionados throughout.

Since the lure of gambling is escalating day-by-day, print as well as media has started taking keen interest in informing people about various aspects of gambling. One such really hot info on gambling is about gambling stories.

Like any other game there are numerous tales (true and fictional) associated with gambling too. In fact gambling can be said to have maximum number of stories hanging behind. While on the one hand these stories largely amuse the public on the other hand the stories generate good business for print and media. These channels of information and entertainment make huge amount of money by presenting the actual stories in some different forms or by developing one of their own stories. So what more can one expect from gambling but that it can fetch money even though you do not actually gamble.

Since gambling is an exciting and precarious subject, several interesting stories are associated and can be formulated on it. It is seen that by and large gambling tales intrigue human beings. For what can be more exciting than knowing how various scandals that have rocked the world of sports or politics occurred or the stories that involving people who were once quite famous.

The enticement of gambling stories is depicted from the fact that movies made on them such as Oceans 24 did remarkably well and turned out to be big blockbusters. Moreover in this era when reality shows dominate the entire tube world, banking on the obsession and vogue for gambling stories, ESPN could come up with a fiction based program, Tilt. Tilt was the creation of the writers of the popular gambling movie Rounders. This show featured a plot based around the group that is described as a group of lowlifes. These lowlifes were in turn nicely manipulated or governed by a powerful person.

It is due to the intense liking of people that producers keep repeating this theme in different shows. Similarly in the literary world the 19th century English novel, Gambling by Michael Flavin turned out to be a great success. The book presented different sides of gambling, something that could be cited in the novels written on gambling in 1800s.

Mansi aggarwal writes about gambling stories.

The subject of staking in poker, or any gambling related business, is tricky. If it’s handled the wrong way, friendships are broken, money is lost, and nobody is happy. If done correctly, however, it can be a lucrative investment for the backer, and a valuable tool for the one being backed.

Here is what a basic poker staking agreement might look like. The Staker will give(stake) the Stakee a certain amount of money to gamble with. At the end of a pre-defined period of time, the Stakee will pay back the Staker the original “stake”, plus a certain percentage of the profits.

There are two important parts to this agreement. These two issues can lead to one party in the agreement getting a bad deal, even if neither party intends to harm the other. The first part that is important is the amount of time. The second is the percentage of the profits to be paid back.

Some people make the mistake of making the period of time too short. Poker, and any form of gambling, involves luck. Even if you are skilled and have an edge, there is a variable of luck. You won’t always win. Take, for example, the common agreement of someone being staked for one night of play. There is a $200 no-limit hold’em game. At the end of the night, the original stake is paid back, and the profit is split 50/50. The person being staked is a good player, they double their buy-in about 70% of the nights they play, and lose their buy-in only 30% of the nights they play. This would seem like a good proposition for the Staker, but let’s look at the math.

70% of the time, the Stakee will double his buy-in, and have $400 at the end of the night. The Staker would get his original $200 back, plus 50% of the profits, or $100. The Stakee would get the other $100. So, 70% of the time the Staker profits $100, and 70% of the time the Stakee profits $100.

30% of the time, the Stakee will lose his buy-in, and have $0 at the end of the night. The Staker will take the full $200 loss. So, 30% of the time, the Staker will lose 200, and the Stakee will have lost nothing.

Since 70% of the time, the Staker profits $100, and 30% of the time, the Staker loses $200. His average expected return is (.65)(100)+(.3)(-200) = (65) + (-70) = -5. With this deal, even though the Stakee is a good player and can beat the game 65% of the time, the Staker LOSES money!

If they made the same deal, but instead of splitting the profits after 1 night, the split the profits after 2 nights, then the deal is much better for the Staker. If you look at the math, there are 4 possible outcomes. He could win both nights, lose the first win the second, win the first lose the second, or lose both. The times he wins one night and loses the next, there is no profit or loss, so we can ignore that outcome since it’s zero. The percentage chance winning both nights would be .65*.65 = .4224, or about 42%. The chance of losing both nights would be .35*.35, or about 12%. The rest of the time, it is break-even win one lose one. So, 42% of the time, they will split $400 in profit 50/50. The staker will get $200 42% of the time, for an average profit of $84. He will lose $400 about 12% of the time, for an average loss of $48. His total average expected profit would be $36. So, by simply adding one more day to the time frame, the Staker’s winnings went from -$5 to +$36. The longer term a stake, the safer it is for the Staker. The shorter the term the stake, the larger percentage of the profits the Staker needs to make up for the loss. There are more in-depth articles and discussions at www.snggrinder.com [http://www.snggrinder.com] regarding staking deals for poker, blackjack, or other gambling games.

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Once just a gentleman’s game, U.S. gambling began its rise to the center of attention around 400 years ago. A time where gambling was the root of all evil, yet it could still help the colonies from financial issues. Deliberation over the subject went on for years and still is today, but gambling never stopped to wait for an answer. While challenges were being discussed, different forms of gambling were being created to stave off bankruptcy and other money problems.

The first company to hold a gambling lottery was a bank in Jamestown, Virginia, which’ of course’ was an instant success. It wasn’t like the state lotteries you see today, but still was beneficial for a short period of time. After awhile, England felt as though they weren’t making a profit from this form of gambling, so they ended up banning it from everyone. However, that wouldn’t last long as all thirteen colonies eventually were allowed to hold their own without question.

Four centuries removed, you can drive along the eastern states and see prestigious universities like Harvard, Princeton, and Yale that were all started by revenue created by state lotteries. As several other venues were being built thanks in part to U.S. gambling, greed started to as people in the colonies wanted freedom and independence from England. While this was over several issues, lotteries were one of the bigger issues never mentioned in history books.

Obviously the most prestigious form of gambling at the time, state lotteries weren’t the only U.S. gambling going on around the country. By this time, horse races had already been around since 1665, but most bets were between owners only and not of a spectator kind. Also making its mark on cities throughout the colonies in the 1800s were casino style gambling with cards and dice. As areas grew, so did the size of gambling halls and local watering holes where games could be played.

Then came the Mississippi River and everything it had to offer with barter and trading through several owners. Business this way was quicker, and several well known individuals met on riverboats to play some casino style gambling. This was the true introduction of the professional gambler. Winning enough money in small towns to play on the riverboats with the big boys was a common tale. After awhile, many were thought to be cheaters and many would perish at the hands of people who lost money to them.

Just as the state lotteries were part of the reason for the American Revolution War, it was the Civil War that ended the time of professional gambling in the 1860s. While not the main reason, it created a business stand still, which led to no traffic up and down the great Mississippi. For the next sixty years, gambling would be loved by many and hated by that many more. States that had good fortune would create gambling booms like in California and Nevada,

As years moved ahead, people like Al Capone and his mob used gambling money to front their businesses, while at the same time sports were becoming one of the major things to bet on during this period. Fast forwarding to the seventies, lotteries held around the country were making over a billion dollars on a annual basis. Gambling in the United States was considered a normal part of living and still is today.

Now we’re in the 21st century and the gambling business is booming with billions upon billions of dollars being made annually. The Super Bowl is the most anticipated gambling event each year, and land based casinos are popping up all over the country. Still, many Americans protest gambling due to family members who have ongoing problems with controlling their addictions. However, the future looks bright and the government will have a hard time trying to give up all the tax revenue that is made off of gambling alone.

Which brings us to the future, and online casino gambling. While the United States was one of the leaders in gambling online, President Bush tried to ban them from using debit cards that are bank issued to try to control the outbreak. It didn’t take long for U.S. players to realize that adding money to different accounts like Netteller or Moneybookers, then transferring it over may take a little longer, but the end result is the same.

There will never be a solution to gambling no matter if it’s online or offline, and others will always protest the morals and what it all stands for overall. A cat and mouse game that will never be solved, and while everyone continues to argue back and forth, the sport of gambling will only become bigger. Hurry, someone go check the odds on that, you might want to bet on it.

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The tree of gambling is growing and its roots expanding day by day. While few decades before the tree was deemed as a weed and left unattended, in recent years it has received immense attention and nourishment from different countries of the world. This is mainly because of two interrelated reasons- the alarming rate at which the gambling tree is bearing fruits in the form of revenue and the its unfailing involvement with people.

At present gambling is legal in several corners of the world. It is lately declared lawful in some of the Asian countries. As a result new resorts that are open to all are built at these places. For instance the city of Cambodia has come up with the Ho Wah Genting Poipet Casino Resort that bills itself as the Las Vegas of the East. The casino offes all the delightful games such as B6 Baccarat, Mini Baccarat, Blackjack, Casino War etc. In the Indian subcontinent there are six casinos in goa out of which 5 are slots-only establishments. The one full serving casino of this place is an off-shore casino on atwinn engine catamaran, Casino Goa. It is a lifetime experience to visit and play at this floating casino that offers a bar, a swimming pool and a great restaurant featuring a multi-cultural cuisine.

One such similar yet unique experience is at the casinos of hongkong. The reason being the construction of Hong Kong casinos on ships, either in port or as casino cruises. However it seems that water and casinos share a good liaison for the only casino in Laos, the Dan Sa Vanh is located along the Nam Ngum Lake. Besides gambling the other activities at the casino include boating and golf.

Gambling is made legal and so there are around 15 casinos owned and run by ht e government in Philippines. Out of these the Fontana Resort is not for the local people of this place but only for the foreigners.

If you are looking forward to delight in the beauty of snow capped mountains along with playing your favorite games such as Caribbean Stud Poker, Keno, Money Wheel, Pai Gow, Roulette, Blackjack etc., the Genting Highlands, Kuala Lumpur, Malaysia is just the ideal place to hit. Besides being an acclaimed tourist spot, the Genting Highlands, by virtue of these casinos are quite popular in the gaming world.

Lotteries and lottery related games are quite significant and greatly relished on the land of South Korea. South Koreans have an immense liking for lottery games. This can be well assessed from the fact that South Africans are the pioneers of online gambling, they had introduced in 2002. Along with it a new lottery game which is akin to financial winner, the Sports Toto is a gift to the gambling world by South Korea. But this place is not all about lotteries. There are other forms of gambling too such as horse racing and cycling.

Though legalization of gambling in various corners of the world is at a surge these days, yet gambling should be done within limits. Addiction of gambling is extremely fatal to the life of the gambler and his family.

Mansi aggarwal writes about oriental gambling [http://www.playasiangames.com].

Here’s my list of the best casino gambling systems. Please don’t see them as a way to get rich quick, they are for fun only.

Unless otherwise shown, I’ve chosen Roulette as the default game, but many can be used in Blackjack, Baccarat etc. I’m not claiming that these are all original systems, it’s just a collection of the best ones that I could find, or think of

1 – Oscars Grind. Start with 1 on Black or Red. Each time you win, go 1 unit higher until you get a losing bet. Stick to the level you are at until another win, then go 1 unit higher again.

2 – 1,3,2,6 progression. Start with 1, go up the sequence only on a winning bet. Any losing bet, go back to 1 unit.

3- 2 Dozens. Bet 1 unit on a ‘Dozens’ section, and 2 units on another Dozens. If one wins, increase the bet on the losing section by 1 unit, take the bet off the winning section, and place 1 unit on the Dozen that was not covered in the first bet. Carry on, increasing stake by 1 unit a time. If no win, increase bet by 1 unit on the same Dozens.

4 – Paroli Progression. Start with 1 unit. Double your bet after a win, If you lose at any stage, go back to 1 unit.

5 – Fibonnaci Progression. Bet 1 unit. If it loses, bet 1 unit. If that loses, bet 2 units. Any further bets are the sum of the previous two bets like this – 1,1,2,3,5,8,24,…etc. Stop at a winner.

6 – Put 1 unit on the ‘1st 12′ section, and 1 unit on ‘19 to 36′. This covers 30 of the 37 numbers in European Roulette.

7 – Parlay. Bet 1 unit.If it wins, add winnings to your original stake and bet again. If that wins, add all winnings together and bet again. If you are feeling brave, do it again. Go back to 1 unit after any losing bet.

The rest of this article, and loads of general Casino information, can be found on my website.

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