Saturday, April 21, 2007

Gambling


The urge to gamble is something more than the desire to get something for nothing- there is an excitement about backing one's judgment or hunch, and then allowing either elation or desire to follow the spin of wheel or the fall of the cars, that is known both to the man who risks a few pence at rummy with friends and to 'The Man Who Broke the Bank at Monte Carlo".

Egyptians and Greeks who gambled in early days with bones knew the same trepidation as latterday gamblers who risk their money in the plushest casinos. the problems, also were basically the same, since however flamboyant the circumstances, betting is largely a mathematical exercise in calculating odds and chances. Shrewdness is the greater part of luck.

'Purpose of Blog'

this blog looks at gambling as a world-wide phenomenon and examines the reasons why people gamble. next blog describes the arithmetic of gambling, since I believe that all gamblers should know exactly what their prospects are when making bet. this blog deals with the probabilities, odds, combination which bookmakers and casino proprietors deduct from bets.

this blog deal individually with the various forms of gambling: Texas holdem, roulette, craps, poker, horse-racing, football pools and the various minor diversions such as bingo, lotteries, chuck-a-luck, betting on sporting events, the numbers game, etc.

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