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So long as a Casino can be said to be "good for business" or a lottery "helping the schools", then these forms of legalized gambling can be sold to the public.
I will not address the political implications of these actions. It is the human suffering caused by gambling that is the subject of this article.
Gambling acts as a stupidity tax, which means that it is a tax on the poor. And if you are not poor when you start gambling, you soon will be.
It is an unfair tax, in some ways, as it panders to the weaknesses of the human psyche, weaknesses that are often caused by more by chemical imbalances in the brain than by any moral failings.
As noted in that article, it has been discovered that certain chemicals, when given to people, cause them to gamble their life savings away.
It has less to do with self-control than with chemicals in your brain. The mythology of gambling is shrouded in style and class.
Not a James Bond movie goes by without Bond, in his evening jacket, playing Poker or Baccarat in some elegant Casino, with stylishly dressed women sipping champagne or exotic cocktails.
The gambling industry plays up this angle, trying to cloak "gaming" as they euphemistically call it in a shroud of elegance and class. If rich and sophisticated people gamble, it must be good, right?
The reality, as anyone who has been in a Casino knows, is that most people gambling are middle class or lower. The mythology of the "high roller" coming to Vegas to gamble away a million bucks or more is just that - a myth.
The rich didn't become rich by pissing away their money on games or playing games with their money. Most of the folks in the Casinos are regular folks, usually lower middle class or poor.
There are a number of forms of gambling, of course, and each has its own proponents and arguments why their form is a "good bet" compared to the others.
But in reality, they are all losing bets. Wheel games are considered the ultimate sucker's bet. These include the roulette wheel, the wheel of fortune type or money wheel vertical wheels, and the slot machine.
All of these games are pure probability. You cannot put "English" on the wheel or otherwise alter the outcome. Studying the wheel or machine cannot improve your odds.
For every dollar gambled on such machines, the house pays out less than a dollar. Thus, over time, if you gamble on one of these fixed-odd machines, you will eventually leave with nothing.
This doesn't stop people from claiming to have "a system" for gambling with such machines. Slot machine mavens will follow you around the slots, and if you play a machine for a while and it does not "pay off", they will jump in behind you, convinced the machine is "due" for a payoff.
In reality, each spin of the slot machine, like the spin of a roulette wheel or wheel of fortune, is probabilistically independent from its preceding roll.
There is no system, period. If you flip a coin 9 times and it comes up heads every time, what are the odds it will be tails the tenth time?
Each flip is an independent event. If you fail to grasp this, then you shouldn't play with your money by gambling. Slot machine players would argue that the coin is "due" for a tails, as there was so many heads before.
But coin flipping and slot machines don't work that way. Gamblers, of course, deny all this. They may gamble at such machines for a period of time and walk away with money on some days, and walk away without money on others.
They remember the days they win, and conveniently forget the days they lose. If you gamble consistently, however, you'll lose, all the time. Note, of course, that cheating is one way to win, but probably not a very good idea when you consider that the casino might have ties to organized crime.
If you count cards at Blackjack, you'll be asked to leave. Similarly, the idea that you can "figure out" the flat spot on a Roulette wheel will also fail, as the house will change the wheel once you start winning.
That is the ultimate irony of gambling - even if you did have one of these mythical "winning streaks", or if you could find a way to cheat, the casino would usher you out the door before you won too much!
There are other games where your intelligence, and your interaction with others can help you win. Poker and even blackjack, have some interactive features which make it possible to "beat the house", although blackjack remains mostly a probability game.
In Poker, you can "game" your opponent and bluff them and win. Thus, in an informal setting with friends or acquaintances, it is possible for a sharp card player to make money at poker.
However, for the sharp poker player, playing poker is anything but a game, and it is not gambling. As I noted in another article, I had a chance once to meet such a fellow, and it was an education.
He lent me a book about playing poker, and I presumed it would tell me about odds of playing hands, card strategies, and things of that sort.
Surprisingly, the book was mostly about how to rope losers into games and keep them there, how to collect on gambling debts, and generally how to use psychology to make money from the game.
The book suggested getting your opponent drunk - making sure his glass was always full, while you drank watered-down drinks.
Once your opponents starts playing sloppily, encourage him to stay in the game, saying things like, "Well, you could always win it back in the next hand!
If that is your goal in life, to con others out of their money from poker, then go for it. However, don't expect to be too popular a guy.
Eventually, folks get wise to your game and stop playing. In the old West, they'd shoot you. It's not much of a life. If you play poker with such folks, expect to lose and lose heavily.
They have all the cards sometimes literally and you have nothing. They will play on your fears and greed like a violin, and fleece you for every nickel.
Needless to say, after losing a few times, I dropped out of "Poker Night. And he was really no friend, as it turned out.
Being an amateur poker player is like being a new car customer. The new car showroom is a machine designed like the slaughterhouses of old Chicago - designed to fleece the customer for his every last nickel.
Sharp poker players are the same way. You may think you can outsmart the car salesman or the card shark, but odds are, you can't.
The only way to "win" is not to play in the first place, period. Casinos are also designed like slaughterhouses. One casino in Vegas even had a conveyor belt to haul people off the strip and deep into the bowels of the casino, like cows to the butcher.
Once inside, you are assaulted with a cacophony of noise and lights and cannot even begin to think straight. Start drinking, and well, you're done for.
Trying to get out of a casino is never easy, which is why fires, such as the MGM Grand, can be so fatal. Exits are not clearly marked, as they do not want to encourage people to leave.
Sporting events, such as football games, horse and dog racing, boxing matches, and the like are other areas where the law of probability might be trumped by experience or knowledge.
Some racing fanatics claim they can study the racing form and figure out who will win a given race, based on the history of the horses, track condition or the like.
The problem with sports betting is that a lot of other people have the same knowledge, and as a result, the odds are always set by what people smarter than you are thinking.
You can learn about the horses, or football players, or whatever, of course. But such an investment in time and energy is not likely to be rewarded by the payoff.
Arthashahstra recommended taxation and control of gambling, ancient Jewish authorities disqualified professional gamblers from appearing in the courts, some Islamic nations prohibit it.
It has been seen that gambling has social consequences and is at the receiving end of flak from most of the nations. Then why do we find an increased rate of addiction to this social evil.
What is in it that is so appealing to the masses. The answer is the monetary gains. When we are acquainted with such ways of earning quick money we seldom turn our backs.
The reactions are hereby given. An unsuccessful gambler is often at a loss of money and sleep. He is restless and this urges him to resort to more gambling to recuperate the losses.
What about a successful gambler then? Can we say it in Toto about his success rates? Everyone among us is not an MIT graduate who knows his game with numbers and algorithms.
Be it a person in need for money or elite people of the society, no one welcomes loss. Gambling exists in much forms-racing, bingo, card games, dice games, lottery, slots and horse betting.
Increased accessibility to internet has coined a new form of gambling-internet gambling. Among other drawbacks of internet this too has its repercussions.
Since youth are inquisitive and often at a need for answers, they are more likely to develop problems related to gambling than adults.
Are they considered lonely or the society is too harsh on them? Does your spouse blame you for the financial bankruptcy, threatening to leave you?
If you have an answer to these questions and going through a similar mental state, then it is high time to realize the emotional problem related to gambling.
Family members may avoid a gambler for he embarrasses them. Your partner might develop strong feelings against you.
This makes it hard for people to get love and support. They feel isolated and suffer like a loner. What is it that you smoke?
Is not it bad for your health? My teacher says so. Children often feel forgotten, depressed and angry when they see their parents or one of them has a gambling problem.
This rushes them into taking sides between their parents. This is a serious problem as it concerns the fragile mental behavior of the children.
There have been cases when they stop trusting their parents seeing their addiction. It is true they follow the elders but when their ideals go berserk, it comes as a setback.
They may lose their trust and start misbehaving, feeling down in the dumps. When nations are in crisis, they wage wars; families create violence.
Gambling instills remorse among the people when they lose the game. Many feel all the more stressed, anxious and depressed. Above all of it, if his family starts to think of him as a gangrenous limb to be removed, would not he be angered and aggressive.
Gambling problems lead to physical and emotional abuse of a partner or child.You can find more details about becoming a fantasy sports winner on this section of this website. But lotteries are similar to taxes because they raise money for public purposes. Because of the statutory direction to maximize profits, lotteries are run like businesses and are more novoline casino paypal a private sector entity than a state agency. The judiciary cannot protect pathological gamblers from king solomons casino, but we can refuse to participate in their financial ruin. Currently there are about 65 boats operating in these states. The early is 888 casino betrouwbaar had very different attitudes towards gambling. Las Vegas and the Flamingo are part of an historical association with organized crime. There's this guy Peter Beste Spielothek in Ohnhorst finden, for instance, a blackjack player who's a math professor at the University of California. History of Gambling in the United States. There are several trends that receive credit for expanding lottery business. The more accessible gambling is, the harder it is to maintain the control. Dockside casinos are usually just a land-based casino on pilings or a floating, but not navigable, platform. State lotteries have not been involved in casino gaming. One industry observer noted, "There is a public demand to gamble, but there is no public demand for legalized gambling. A survey of teenagers in New Jersey showed that 64 percent of high school students had gambled at the casinos. The first racetrack in North America was built on Long Island in While other markets rely on their local population, the Las Vegas market is almost entirely reliant upon the tourist business that the casinos generate. Part of the reason for Mr. As settlers spread beyond California , so did gambling. The individuals attempting to buy influence were connected to organized crime families. Very often, the pathological gambler suffers from legal problems. Notable among the later lotteries was a private lottery passed by Congress in for the beautification of Washington D. Illegal gambling, although we are ignorant about the full extent of it, has shown remarkable endurance.