Gambling Facts – It’s More Than Numbers

If you are one who thinks gambling is a new activity that blossomed in Las Vegas in the 20th century, you may need to brush up on your gambling facts. To get a good idea of how large the gambling story is, try going back a couple of thousand years. You’ll see that games based on chance and the roll of dice have been always been a part of human history.

Not only did the Chinese and other populations enjoy gambling and games of chance, many Native American groups engaged in such activities long before the modern casino. Add to this the varieties of gambling carried around the world by European explorers and you have a global phenomenon of challenge and excitement. Here’s a starter fact – lotteries have even been used to raise funds for public construction projects.

o If you see 100 people on the street in a day, it’s a pretty safe bet that about 65 of them have placed a bet or made a wager in the past year.

o By many counts, profits in gambling casinos worldwide amount to $30 billion annually. Various studies report that Native American reservations host nearly 300 casinos.

History of gambling facts: The state of Nevada legalized gambling in 1931. New Jersey was the second state to make gambling legal (1976). South Dakota and Iowa followed in 1989.

o While casinos have operated in Nevada since the 1940s, the state created its Gaming Commission in 1959.

One myth that seems reluctant to die is that online gambling is not fair to players, because of casino control, less-than-random numbers and so on. Essentially, this is false. Safe-gaming software, eCommerce Online Regulation and Assurance (eCOGRA) and various licensing countries have eliminated much of the insecurity and unfair play. The myth may soon turn into one of the many Internet gambling facts.

o Casino style games are by far the most popular activity online, outnumbering sports betting 2 to 1. Lotteries and pari-mutuel betting are far down the list in percentage of online gambling activity, as are real-time online poker rooms.

o The Interstate Wire Act, passed in 1961, is a federal law that had the goal of reducing gambling activity. The law states that it is illegal in the United States to use wire communication (such as telephone) to place bets or share gambling information.

Interesting Gambling Facts: Sixty percent of online gamblers use English as their primary language. Second in line is Russian. Germany takes up position number three, according to a survey by Inland Entertainment Corporation. As for age, the numbers are close, but those between 26 and 34 play a bit more than others. One out of every five players is over the age of 45.

o In addition to online casinos, some of the most popular varieties of Web/Internet gambling are lotteries, sports books (wager on football, rugby, baseball etc.).

o According to a 2007 story in USA Today, the Venetian Macao casino was the largest in the world (on the southern tip of China). Foxwoods in Connecticut is also advertised as the world’s largest casino.

Very Interesting Gambling Facts: Video slots are generally considered the most popular online casino game. Roulette is one of the hardest games to win, while casino poker is often considered one of the easiest (with a little skill). If you can learn to count cards, you can move blackjack to the top of the “easier” list.

o There are 24 possible number combinations when a pair of dice is rolled.

o In 2003, a man won more than $39 million in a slot payout, after putting about $100 in. In 1997, a woman won $12 million in one payout.

Even More Interesting Gambling Facts: Gambling is technically legal in nearly every state, in some form. Other than the Wire Act mentioned earlier, there is little federal regulation pertaining to gambling by an individual.

Do some of your own research on gambling facts. Learn more about gambling history and surprise your friends with your knowledge of gambling statistics. It’s challenging and fun!

Online Gambling – How to Increase Your Chances of Winning

Gambling has been around for centuries. In fact, it is so prevalent in the society that it has been considered to be part of human culture. From ancient Romans, to ancient Chinese, to modern civilizations, gambling has indeed been a part of history. In fact, even some of the most famous monarchs are known to have gambled and some have also been addicted to it. Today, you will see that a lot of people from all over the world are now visiting the internet because of online gambling.

Online gambling is now one of the largest in the gambling industry. In fact, some online gambling websites are even larger than some of the major casinos in Las Vegas and Atlantic City. Because of the fact that online gambling is able to provide for all people from different parts of the world, online gambling became very popular.

With online gambling, you will be able to test out your luck right in the comforts of your own home.

When it comes to gambling, there is that age old question regarding gambling, which is how to win in it.

Basically, you have to remember that gambling is gambling. There is no guarantee that you will always win whenever you gamble. Whether it is online or offline, you will still experience losing. There may be theories on gambling, but you have to remember that even these theories will not claim to provide you with wins all the time. In fact, some theories even emphasize that you will experience losses.

You need to face the fact that whenever you gamble, you are always risking something in order to gain something. However, in gambling, you will see that there are strategies on how to increase your chances of winning and minimize losses.

By following these tips, you can be sure that you will be able to enjoy gambling more, and minimize risk of losing a lot of money.

First of all, you should never set an amount that you should win in a single day of gambling. Instead, you should set an amount of money that you should bet. And, it is very important that you should never ever set an amount of money to bet that you cannot afford to lose. Keep in mind that a lot of people have plunge deeper in to debt because of doing so. Some weren’t even addicted to gambling.

Treat gambling as a form of entertainment. In fact, gambling is a lot of fun and very exciting. However, you should never treat gambling as a way to earn money. Just gamble for fun and any wins you get, treat it as a bonus and buy something nice, such as getting a new shirt or getting a new pair of shoes. However, if you lose, then don’t take it seriously. You just lost something that you can afford to lose and can gain back later in your next salary.

These are the strategies that are very reliable when you go online gambling. Always remember that gambling is very entertaining and can provide you with a lot of thrill and excitement. However, never take gambling seriously. Just have fun with it and never treat it as a way for you to make some money. A good gambler is a person who always knows when to stop. Remember these tips and you can be sure that you will be able to increase your chances of winning and minimize losses.

US Gambling Statistics Show Online Gambling Fun For Some, Dangerous For Others!

In the United States, gambling statistics show that live and online gambling has generated as much as $91 billion per year (as of 2006). The industry is responsible for billions more in related tourist income as well as the economic benefit of hundreds of thousands of jobs. In some states, gambling through lotteries is even used to raise money for college scholarships or much-needed infrastructure projects.

When it comes to the gambling statistics related to what kinds of games Americans are playing, there might be some surprises. While commercial casinos still take in the largest share of legal gambling revenue (43% in 2000), and lotteries take second place (28% in 2000), online gambling is estimated to bring in an amount that is roughly equal to what is spent in Indian casinos each year. As the internet reaches more homes, so does online gambling. And unfortunately, so do some of the possible negative side effects.

People who oppose gambling in general believe that it brings higher crime rates to an area. Of course, this isn’t eligible for online gambling, unless you consider the possibility of your financial information being misused or hacked. But this risk isn’t any greater with online gambling than with online shopping or bill paying.

What is a concern is compulsive gambling. Some statistics on online gambling have shown that about ½ of 1% of the population may have a problem with compulsive gambling. True compulsive gambling means that the person cannot control their impulse to make the next bet, even when they are risking their job, home, health, or relationships. And United States gambling statistics show that people are twice as likely to become addicted to gambling when a casino is located within 50 miles of their home. With the advent of online casinos, there is no longer any true distance at all between a gambler and a casino, meaning more people have the potential to become addicted to their favorite online gambling game at a higher rate than to live gambling or playing the lottery. This has lead opponents of online gaming to call it the ‘crack cocaine’ of the gambling world.

This problem has a serious impact for those who suffer from it, with compulsive gambling statistics showing that as much as 48% of the members of Gamblers Anonymous have considered suicide. And of those, more than 10% report having made a suicide attempt.

Plus, some opponents fear that there is a great deal of opportunity for money laundering and organized crime via online casinos. Since the US doesn’t allow any of them to be located in the country, companies have set up shop in foreign countries with questionable, if any, regulations. Some fear that US online gamblers may be unknowingly contributing to criminal activity.

However, for the majority of us, compulsive gambling statistics don’t apply. Online gambling is just another way to enjoy the internet, and perhaps to even earn some extra spending money! If you are able to set a limit on the amount you spend and stick to it, and if you don’t endanger yours or your family’s financial well being with the limit you set, then chances are you will not become one of the negative gambling statistics. But if you do ever find that your online gambling affects your work, your family, your health, your finances, or your social life, then you may need to seek some professional help.