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Gambling (or betting) is any behavior involving risking money or valuables (making a wager or placing a stake) on the outcome of a game, contest, or other event in which the outcome of that activity depends partially or totally upon chance or upon one's ability to do something. Risk is the potential harm that may arise from some present process or from some future event. ...
A game is a recreational activity involving one or more players. ...
Believers in the old saying about "never putting good money after bad money" offer this wisdom as a good way to keep gambling a pleasure and to stay away from gambling addiction. The saying suggests that after losing wagered money one should stop gambling and just accept the loss, instead of keep betting and losing even more.
In extended usage, gambling may also refer to engaging in any high-risk behavior in which decisions occur based upon incomplete knowledge - for example, high-risk stock investments (see speculation), difficult and potentially costly business ventures, or even personal relationships. A stock, also referred to as a share, is commonly a share of ownership in a corporation. ...
Investment is a term with several closely-related meanings in finance and economics. ...
Speculation is the buying, holding, and selling of stocks, commodities, futures, currencies, collectibles, real estate, or any valuable thing to profit from fluctuations in its price as opposed to buying it for use or for income - dividends, rent etc. ...
Business refers to at least three closely related commercial topics. ...
This article is in need of attention. ...
Gambling games may predate recorded history, with gambling games recorded in virtually all of the ancient civilizations. Islamic nations officially prohibit gambling; most other countries regulate it.
Legal aspects
Because of the generally negative religious view as well as various perceived social costs, most legal jurisdictions censure gambling to some extent. In particular, in many (most?) cases, the law does not recognise wagers as contracts and views any consequent losses as debts of honour, unenforceable by legal process. Thus organized crime often takes over the enforcement of large gambling debts, sometimes using violent methods. Because contracts of insurance have many features in common with wagers, legislation generally makes a distinction, typically defining any agreement in which either one of the parties has an interest in the outcome bet upon, beyond the specific financial terms, as a contract of insurance. Thus a bet on whether one's house will burn down becomes a contract of insurance, as one has an independent interest in the security of one's home. A contract is any legally-enforceable promise or set of promises made by one party to another and, as such, reflects the policies represented by freedom of contract. ...
Service of process is the term given to a court or administrative bodys exercise of its jurisdiction over individuals who are the subject of proceedings or actions bought before such court, body or other tribunal. ...
Organized crime is crime carried out systematically by formal criminal organizations. ...
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. ...
Furthermore, many jurisdictions either ban or heavily control (license) gambling. Such regulation generally leads to gambling tourism and illegal gambling - the latter often controlled through organized crime. Such involvement frequently brings the activity under even more severe moral censure and leads to calls for greater regulation. Conversely, the close involvement of governments (through regulation and gambling taxation) has led to a close connection between many governments and gambling organisations, where legal gambling provides much government revenue. Note Monaco. A tourist boat travels the River Seine in Paris, France Tourism can be defined as the act of travel for the purpose of recreation, and the provision of services for this act. ...
Psychological aspects Though many participate in gambling as a form of recreation or even as a means to earn a living, gambling, like any behavior which involves variation in brain chemistry, can become a psychologically addictive and harmful behavior in some people. Reinforcement phenomena may also make gamblers persist in gambling even after repeated losses. Because of the negative connotations of the word, casinos and race tracks often use the euphemism "gaming" to describe the recreational gambling activities they offer. Tigers playing in the water Girl playing on tyre swing Recreation is the employment of time in a non-profitable way, in many ways also a therapeutic refreshment of ones body or mind. ...
Neurochemistry is a branch of neuroscience that is heavily devoted to the study of neurochemicals. ...
Addiction is an uncontrollable compulsion to repeat a behavior regardless of its consequences. ...
In operant conditioning, reinforcement is any change in an animals surroundings that (a) occurs after the animal behaves in a given way and (b) seems to make that behavior re-occur more often in the future. ...
The Trump Taj Mahal in Atlantic City, New Jersey Slot machines are commonplace in casinos A casino is a building that accommodates gambling. ...
A race track (or racetrack), is a purpose-built facility for the conducting of races. ...
A euphemism is an expression intended by the speaker to be less offensive, disturbing, or troubling to the listener than the word or phrase it replaces. ...
Gaming is an umbrella term that includes a number of special hobby game types: Board games Collectible card games Computer and video games Tabletop wargaming (i. ...
The famous Russian writer Dostoevsky shows in his short story The Gambler the psychological implications of gambling and how it affects gamblers. He also associates gambling and the idea of "getting rich quick", suggesting that Russians may have a particular affinity for gambling. Dostoevsky shows the effect of betting money for the chance of gaining more in 19th-century Europe. The association between Russians and gambling has fed legends of the origins of Russian roulette. Fyodor Dostoevsky. ...
The Gambler is a novella by Fyodor Dostoyevsky about a young tutor in the employ of a formerly wealthy Russian civil servant. ...
Get-rich-quick schemes promise high rates of return for a small investment. ...
Russian roulette is the practice of placing one round in a revolver, spinning the cylinder and closing it into the firearm without looking, aiming the revolver at ones own head in a suicidal fashion, and pulling the trigger. ...
Help for addictive gamblers Many organizations exist to help individuals with a gambling addiction. They include Gamblers Anonymous. Addiction is an uncontrollable compulsion to repeat a behavior regardless of its consequences. ...
Types of gambling
Casino games
"Beatable" casino games With proper strategy, a smart player can create a positive mathematical expectation. A negative number is a number that is less than zero, such as −3. ...
The poker room at the Trump Taj Mahal, Atlantic City, NJ. Poker is a card game, the most popular of a class of games called vying games, in which players with fully or partially concealed cards make wagers into a central pot, after which the pot is awarded to the...
A game of skill is a game where the outcome is determined mainly by mental and/or physical skill, rather than by pure chance. ...
Blackjack! The Jack playing card, like the Queen and King, counts 10 points, and the player picks a value of 1 or 11 for the Ace. ...
Blackjack! The Jack playing card, like the Queen and King, counts 10 points, and the player picks a value of 1 or 11 for the Ace. ...
Video poker is a casino game which is based loosely on five-card draw poker. ...
A progressive jackpot is a jackpot (highest payoff) for a gaming machine, where the value of the jackpot increases a small amount for every game played. ...
Pai gow poker, or double-hand poker, is an Americanized version of Pai Gow, in that Pai Gow Poker is played with playing cards using poker hand rankings while Pai Gow is played with Chinese dominoes. ...
A set of Chinese dominoes. ...
Sports betting is the general activity of predicting sports results by making a wager on the outcome of a sporting event. ...
Horse-racing is an equestrian sporting activity which has been practiced over the centuries; the chariot races of Roman times were an early example, as was the contest of the steeds of the god Odin and the giant Hrungnir in Norse mythology. ...
Parimutuel betting (from the French language: pari mutuel, mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets, rounded down...
Slot machines in the Trump Taj Mahal A slot machine (American English), poker machine (Australian English), or fruit machine (British English) is a certain type of gambling machine. ...
"Unbeatable" casino games All players must lose in the long run, no matter what strategy they choose. Slot machines in the Trump Taj Mahal A slot machine is a certain type of gambling machine. ...
This article is about the card game. ...
Craps (previously known as crabs) is a popular casino gambling game using dice. ...
This page is about the game. ...
Keno is a popular gambling game in the United States. ...
Wikipedia does not have an article with this exact name. ...
Faro is a card game. ...
Pachinko parlor Pachinko players Pachinko (パチンコ) is a device used for gambling and is related to pinball machines. ...
Wikipedia does not yet have an article with this exact name. ...
Let It Ride is a card game derived from poker, generally played in casinos. ...
Three Card Poker also called Tricard poker is a poker-based game that has recently become somewhat popular in American casinos. ...
Four card poker is a relatively new casino game based on Three card poker. ...
Red Dog, also known as Yablon, Ace-deuce, In between or Between the sheets, is a game of chance played with cards. ...
Pyramid poker is a new casino table game. ...
Caribbean Stud Poker is a casino table game with rules similar to five card stud poker. ...
Non-casino gambling games - Lottery
- Mahjong
- Dice-based
- Card games
- Coin-tossing
- Head and Tail
- Two-up (Australian casinos offer versions of two-up)
- Confidence tricks
- Carnival Games
- The Razzle
- Hanky Pank
- Penny Falls
- Six-Cat
- The Swinger
- The Push-up Bottle
- The Nail Joint
- Con Games (in bars)
- Put and Take
- The Smack
- The Drunken Mitt
A lottery is a popular form of gambling which involves the drawing of lots for a prize. ...
A game of Mahjong in progress. ...
Backgammon set, 19th century Backgammon is a board game for two players. ...
Liars dice (liar dice) is a dice game for two or more players. ...
Passe-dix is one of the, possibly the, most ancient of all games of chance, is said to have actually been made use of by the executioners at the crucifixion of Jesus, when they parted his garments, casting lots, Matt. ...
Hazard is a gambling game played with dice. ...
A card game is any game using playing cards, either traditional or game-specific. ...
Liars poker is a bar game that combines statistical reasoning with bluffing, and is played with the eight-digit serial number of a dollar bill. ...
Contract bridge, more usually known as Bridge, is a trick_taking card game for four players who form two partnerships, or sides. The partners on each side sit opposite one another. ...
Alternate uses, see List of dog breeds for several dog breeds known as Bassets, including the familiar Basset Hound. ...
Lansquenet (derived from the German landsknecht (servant of the land or country), applied to a mercenary soldier) is a card game. ...
The card game Piquet is said to have derived its name from that of its inventor, who contrived it to amuse Charles VI of France. ...
A put option (sometimes simply called a put) is a financial contract between two parties, the buyer and the seller of the option. ...
1¢ euro coin A coin is generally a piece of hard material, generally metal and usually in the shape of a disc, which is used as a form of money. ...
Heads or Tails is a coin-tossing game. ...
Two-up (also known as swei) is a gambling game, and one of Australias many contributions to the world of gambling (another being the totalizer). ...
A confidence trick, confidence game, or con for short (also known as a scam) is an attempt to intentionally mislead a person or persons (known as the mark) usually with the goal of financial or other gain. ...
Three card monte, also known as the Three-Card Trick, Follow the Lady or Find the Lady, is a confidence game in which the victim, or mark, is tricked into betting a sum of money that he can find the money card, for example the Queen of Spades, among three...
The shell game (also known as thimblerig) is a gambling game, often used to perpetrate fraud. ...
Fixed-odds gambling Fixed-odds gambling and Parimutuel betting frequently occur at or on the following kinds of events: Fixed-odds gambling is a form of gambling against odds offered by a bookmaker, an individual, or on a bet exchange. ...
Parimutuel betting (from the French language: pari mutuel, mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets, rounded down...
In addition many bookmakers offer fixed odds on a number of non-sports related outcomes, for example the direction and extent of movement of various financial indices, whether snow will fall on Christmas Day in a given area, the winner of television competitions such as Big Brother, and so forth. Interactive trading exchanges also offer markets on these outcomes, with "shares" of results trading on an open market. Horse racing is an equestrian sporting activity which has been practiced over the centuries; the chariot races of Roman times were an early example, as was the contest of the steeds of the god Odin and the giant Hrungnir in Norse mythology. ...
Photo finish of a greyhound race in Tampa, Florida, USA on February 9, 1939 Greyhound racing is the sport of racing greyhounds. ...
Now defunct Milford Jai-Alai Fronton in Milford, Connecticut. ...
Football is the name given to a number of different team sports. ...
The striker (wearing red jersey) has run past the defender (in white jersey) and is about to take a shot at the goal, while the goalkeeper positions himself to stop the ball. ...
United States simply as football, is a competitive team sport that is both fast-paced and strategic. ...
Golfer teeing off at the start of a hole Golf is an outdoor game where individual players or teams play a small ball into a hole using various clubs. ...
Tennis balls This article is about the sport, tennis. ...
Objective and summary Cricket is a bat and ball sport. ...
Baseball is a team sport, in which a fist-sized ball is thrown by a defensive player called a pitcher and hit by an offensive player called a batter with a round, smooth stick called a bat. ...
Basketball Basketball is a ball sport in which two teams of five players each try to score points by throwing a ball through a hoop. ...
Ice hockey, known simply as hockey in areas where it is more common than field hockey, is a team sport played on ice. ...
A bookmaker, or a bookie, is an organisation or a person that takes bets and may pay winnings depending upon results and, depending on the nature of the bet, the odds. ...
A stock market index is a listing of stocks, and a statistic reflecting the composite value of its components. ...
This page is about the form of precipitation. ...
Joseph and Mary with baby Jesus, at the first Christmas Christmas (literally, the Mass of Christ) is a holiday in the Christian calendar, usually observed on December 25, which celebrates the birth of Jesus. ...
Big Brother is a popular reality television format, where, over 10 weeks or so, a number of contestants (typically 10 or 12) try to avoid periodic publicly-voted evictions from a communal house and hence win a cash prize. ...
A stock exchange is an organization of which the members are stock brokers. ...
Chichicastenango, Guatemala traditional market Market stall in internally displaced persons camp in Kitgum, northern Uganda Mercado dos Lavradores, Funchal (Madeira Islands) A market is a mechanism which allows people to trade, normally governed by the theory of supply and demand. ...
See Sports betting below.
Gambling on horse races One of the most widespread forms of gambling involves betting on horse races, most commonly on races between thoroughbreds or between standardbreds. Horse-racing is an equestrian sporting activity which has been practiced over the centuries; the chariot races of Roman times were an early example, as was the contest of the steeds of the god Odin and the giant Hrungnir in Norse mythology. ...
The Thoroughbred is a horse breed developed in 18th century England when English mares were bred with imported Arabian stallions to create a distance racer. ...
Standardbred harness racing horses are so called because in the early years of the Trotting Registry, the standardbred stud book established in the United States in 1879 by the National Association of Trotting Horse Breeders, only horses who could race a mile in a standard time or better, or whose...
Wagering may take place through parimutuel pools, or bookmakers may take bets personally. Parimutuel wagers pay off at prices determined by support in the wagering pools, while bookmakers pay off either at the odds offered at the time the bet was taken or at the median odds offered by track bookmakers at the time the race started. Parimutuel betting (from the French language: pari mutuel, mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets, rounded down...
A bookmaker, or a bookie, is an organisation or a person that takes bets and may pay winnings depending upon results and, depending on the nature of the bet, the odds. ...
In Canada and the United States, the most common types of bet on horse races include:
- win– to succeed the bettor must pick the horse which wins the race.
- place– the bettor must pick a horse which finishes either first or second.
- show– the bettor must pick a horse which finishes first, second, or third.
- exacta, perfecta, or exactor–the bettor must pick the two horses which finish first and second and specify which will finish first
- quinella or quiniela– the bettor must pick the two horses which finish first and second, but need not specify which will finish first.
- trifecta or triactor– the bettor must pick the three horses which finish first, second, and third and specify which will finish first, second and third.
- double– the bettor must pick the winners of two successive races; most race tracks in Canada and the United States take double wagers on the first two races on the program (the daily double) and on the last two (the late double).
- triple– the bettor must pick the winners of three successive races; many tracks offer rolling triples, or triples on any three successive races on the program.
- sweep– the bettor must pick the winners of four or more successive races.
Win, place and show wagers class as straight bets, and the remaining wagers as exotic bets. Bettors usually make multiple wagers on exotic bets. A box consists of a multiple wager in which punters bet all possible combinations of a group of horses in the same race. A key involves making a multiple wager with a single horse in one race bet in one position with all possible combinations of other selected horses in a single race. A wheel consists of betting all horses in one race of a bet involving two or more races. For example a 1-all daily double wheel bets the 1-horse in the first race with every horse in the second. In horse-racing terminology, a trifecta is a bet in which the bettor must predict which horses will finish first, second, and third in exact order. ...
People making straight bets commonly employ the strategy of an 'each way' bet. Here the bettor picks a horse and bets it will win, and makes an additional bet that it will show, so that theoretically if the horse runs third it will at least pay back the two bets.
In Canada and the United States punters make exotic wagers on horses running at the same track on the same program. In the United Kingdom bookmakers offer exotic wagers on horses at different tracks. Probably the Yankee occurs most commonly: in this the bettor tries to pick the winner of four races. This bet also includes subsidiary wagers on smaller combinations of the chosen horses; for example, if only two of the four horses win, the bettor still collects for their double. A Trixie requires trying to pick three winners, and a Canadian or Super Yankee trying to pick five; these also include subsidiary bets. The term nap identifies the best bet of the day.
A parlay (US) or accumulator (UK) consists of a series of bets in which bettors stake the winnings from one race on the next in order until either the bettor loses or the series completes successfully.
(Similarly, greyhound racing offers a popular betting alternative to horse racing in many countries.) Country of origin uncertain; possibly England or Egypt Classification and breed standards The Greyhound is a breed of dog used for hunting and racing. ...
Sports betting Betting on team sports has become an important service industry in many countries. For example, millions of Britons play the football pools every week. At sports betting, players may beat the bank. The tertiary sector of industry, also called the service sector or the service industry, is one of the three main industrial categories of a developed economy, the others being the secondary industry (manufacturing and primary goods production such as agriculture), and primary industry (extraction such as mining and fishing). ...
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Football is a ball game played between two teams of eleven players, each attempting to win by scoring more goals than their opponent. ...
Most jurisdictions in Canada and the United States regard sports betting as illegal (Nevada offers full sports betting and the Canadian provinces offer Sport Select - government-run sports parlay betting). However, millions engage in sports betting despite its illegality. State nickname: Silver State, Battle Born State (official) Other U.S. States Capital Carson City Largest city Las Vegas Governor Kenny Guinn Official languages None Area 286,367 km² (7th) - Land 284,396 km² - Water 1,971 km² (0. ...
Canada consists of ten provinces and three territories. ...
Sport Select refers to a group of sports betting games offered by Canadas provincial governments. ...
In Canada and the United States the most popular sports bets include:
- against the spread - the bettor wagers either that the favoured team will win by a specified number of points or that it will not. Giving the points involves betting the favourite, and taking the points means betting the underdog. See point spread.
- against odds; the most popular types of bets against odds comprise simple bets that a team will win and over-under (bets on the total points, runs, or goals scored by both teams). In making an over-under bet, the bettor wagers that the total will exceed or fall short of a total specified by the bookmaker.
- against a combination of odds and spread
In sports betting a parlay involves a bet that two or more teams will win. In the United States gamblers have made the parlay card one of the most common forms of sports betting: here bettors wager on the outcomes of two or more games. If all their picks win, they collect. Most such betting occurs in workplaces. Spread betting is a form of gambling on the outcome of any event where the more accurate the gamble, the more is won and conversely the less accurate the more is lost. ...
An over-under or over/under bet is any kind of wager made in which a sportsbook will predict a number for a statistic in a given game (usually the combined score of the two teams), and then bettors will either bet that the actual number in the game will...
Other types of betting One can also bet with another person that a statement is true or false, or that a specified event will happen (a "back bet") or will not happen (a "lay bet") within a specified time. This occurs in particular when two people have opposing but strongly-held views on truth or events. Not only do the parties hope to gain from the bet, they place the bet also to demonstrate their certainty about the issue. Some means of determining the issue at stake must exist. Sometimes the amount bet remains nominal, demonstrating the outcome as one of principle rather than of financial importance.
Staking systems Many people have formulated staking systems in an attempt to "beat the bookie", but most still accept that no staking system can make an unprofitable system profitable over time. Widely-used systems include: - Fixed stakes – a traditional system of staking the same amount on each selection. This method suits conservative punters if the stake remains below 5% of the bank.
- Fixed profits – the stakes vary based on the odds to ensure the same profit from each winning selection. This method suits conservative punters well, although if the profitability of one's bets varies independently of the odds the bettor simply reduces his or her cash flow.
- Due-column betting – A variation on fixed profits betting in which the bettor sets a target profit and then calculates a bet size that will make this profit, adding any losses to the target. For example, to make a target of $100 profit a bettor would wager $50 at odds of 2 to 1. If the bet loses, the target becomes $150. If the next bet is also at odds of 2 to 1, the wager therefore becomes $75. This type of wagering can prove ruinous in the long run.
- Kelly (optimal) – the punter needs to estimate fair odds (in the European/decimal format) and then calculate the stake using :
- Stake= (Odds/(Fair odds-1))/(Odds-1) Many times used with a divider (most commonly 4 or 8) depending on your bankroll (for betting)
- This system developed for baccarat but many people recommend it for horserace betting. In betting horseraces punters further the adjust the stake to allow for inaccuracy in estimating fair odds. Computer simulations suggest that in betting horseraces Kelly betting increases losses during losing streaks, that it fails to demonstrate superiority over fixed-stakes betting unless making large numbers of bets (a drawback in horserace betting because the bettor usually has no reasonable expectation that any betting advantage he or she has will last over a long series of bets), and that inappropriate statistical analyses have exaggerated its profitability.
- Martingale – A system based on staking enough each time to recover losses from previous bet(s) until you get a winner. The Martingale guarantees failure - it would only work if the bettor has an unlimited bankroll, the bookmaker has no limit on the size of bets and both never die!
In probability theory and statistics the odds in favor of an event or a proposition are the quantity p / (1 − p), where p is the probability of the event or proposition. ...
This article is about the card game. ...
Statistics, or data analysis, is the science and practice of developing knowledge through the use of empirical data expressed in quantitative form. ...
A separate article treats the device for fastening horses bridles or dogs collars called a martingale. ...
List of notable wagers Joseph Jaggers (1830 -- 1892) was a British engineer, popularly known as the man who broke the bank at Monte Carlo. ...
Blaise Pascal argued that it is a better bet to believe in God than not to do so. ...
In probability theory and decision theory the St. ...
Around the World in Eighty Days (French: Le tour du monde en quatre-vingt jours) is a classic adventure novel by Jules Verne, first published in 1872. ...
Harry Bensley (?, 1876 or 1877 - May 21, 1956) was a British rake and adventurer, best remembered as the subject of an extraordinary wager between John Pierpoint Morgan and Hugh Cecil Lowther, 5th Earl of Lonsdale. ...
Julian Simon and Paul Ehrlich entered in a famous wager in 1980, betting on a mutually agreed upon measure of resource scarcity over the decade leading up to 1990. ...
Nenana is a city located in the Yukon-Koyukuk Census Area, Alaska. ...
State nickname: The Last Frontier, The Land of the Midnight Sun Other U.S. States Capital Juneau Largest city Anchorage Governor Frank Murkowski Official languages English Area 1,717,854 km² (1st) - Land 1,481,347 km² - Water 236,507 km² (13. ...
Fairbanks Tanana River The Tanana River is a tributary of the Yukon River in Alaska in the United States. ...
The black hole information paradox results from the combination of quantum mechanics and general relativity. ...
Stephen William Hawking, CH, CBE, FRS (born January 8, 1942) is one of the worlds leading theoretical physicists. ...
Kip S. Thorne Kip Stephen Thorne (born June 1, 1940) is an American theoretical physicist, known for his prolific contributions in the field of gravitation physics and astrophysics. ...
John Phillip Preskill (born 19 January 1953) is a U.S. theoretical physicist and a professor at the California Institute of Technology (Caltech). ...
Associated word usage - The English expression "I bet that xxxxx", meaning "I consider it very probable that xxxxx", need not carry any suggestion of the speaker intending to gamble.
- The English word hazard originated as Arabic az-zār or al-zār, which meant a type of dice game. Compare also the English word "dicey" meaning "risky".
- Scientists have dubbed certain random-number-based calculation algorithms the "Monte Carlo method".
Hazard is a term used in evaluating safety: A hazard is a potential unwanted event. ...
Arabic can mean: From or related to Arabia From or related to the Arabs The Arabic language; see also Arabic grammar The Arabic alphabet, used for expressing the languages of Arabic, Persian, Malay ( Jawi), Kurdish, Panjabi, Pashto, Sindhi and Urdu, among others. ...
Rolling dice A die (Old French de, from Latin datum something given or played [1]) is a small polyhedral object (usually a cube) suitable as a gambling device (especially for craps or sic bo). ...
Flowcharts are often used to represent algorithms. ...
Monte Carlo method - Wikipedia /**/ @import /w/skins-1. ...
See also Games available in most casinos are commonly called casino games. ...
A Casino Night (aka Vegas Nights, Las Vegas Nights, Monte Carlo Nights, Casino Parties. ...
The word junket has been used since the fifteenth century to refer to a dessert made of flavoured, sweetened curds. ...
Casino tokens are used in gambling establishments instead of currency or coins. ...
Compulsive gambling is an urge or addiction to gamble despite harmful negative consequences or a desire to stop. ...
Deathpool, its name a combination of death and betting-pool, refers to a gambling arrangement where participants wager on the demise of a particular entity within a group or class of similar entities. ...
A bet exchange or p2p gambling web site is a fairly recent Internet phenomenon, and is used to describe a web site acting as a broker between parties for the placement of bets (gambling, in other words). ...
Three card monte, also known as the Three-Card Trick, Follow the Lady or Find the Lady, is a confidence game in which the victim, or mark, is tricked into betting a sum of money that he can find the money card, for example the Queen of Spades, among three...
Spread betting is a form of gambling on the outcome of any event where the more accurate the gamble, the more is won and conversely the less accurate the more is lost. ...
The basic meaning of gamblers ruin is when a gambler loses the last of his bank of gambling money and is unable to continue gambling. ...
The gamblers fallacy is one of many common misunderstandings which arise in everyday reasoning about probabilities, many of which have been studied in a great detail. ...
A logical fallacy is an error in logical argument which is independent of the truth of the premises. ...
In gambling a Dutch book or lock is a set of odds and bets which guarantees a profit, no matter what the outcome of the gamble. ...
Online casinos are the online version of land-based (brick and mortar) casinos. ...
Bibliography - Brisman, Andrew. American Mensa Guide to Casino Gambling: Winning Ways (Stirling, 1999) ISBN 080694837X
- Ortiz, Darwin. Gambling Scams: How They Work, How to Detect Them, How to Protect Yourself (Carol, 1990) ISBN 0396083668 (Hardcover) ISBN 0818405295 (Paperback)
- Reith, Gerda. Age of Chance: Gambling in Western Culture ISBN 0415179971 (Hardcover) ISBN 0415263093 (Paperback)
- Steinmetz, Andrew. The Gaming Table: Its Votaries and Victims Gutenberg text
- Thorp, Edward O. Beat the Dealer: A Winning Strategy for the Game of Twenty-One (Vintage, 1966) ISBN 0394703103
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