Online Gambling (33)
Grumpywriter: With such extreme odss, the chances of winning are slim indeed. But doesn't this then also include the WI tombola, the office sweepstake, crossing the road?
We won a lot more than 29 Gold medals. Or don't paralympians count?
The return on most games is in single percentage points. Even combining the UK companies, it'd not be enough to make a difference.
We won a lot more than 29 Gold medals. Or don't paralympians count?
The return on most games is in single percentage points. Even combining the UK companies, it'd not be enough to make a difference.
Let's not quibble about the numbers the point is that the lottery helped achieved massive sporting prowess and at the same time helps make people healthy. I'd much rather bring the profits from zero-sum and materially resourceless gambling into the public purse than into the hands of private shareholders. This would potentially be a prototype for more radical ideas, the betting industry is the poor man's stock exchange.
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BritishLondon: Let's not quibble about the numbers the point is that the lottery helped achieved massive sporting prowess and at the same time helps make people healthy. I'd much rather bring the profits from zero-sum and materially resourceless gambling into the public purse than into the hands of private shareholders. This would potentially be a prototype for more radical ideas, the betting industry is the poor man's stock exchange.
Igoring an entire group of people that won 64 gold medals is hardly quibbling.
By your own logic, should we nationalise pubs, chip shops, ISPs, coffee shops, supermarkets? Wherever there is big spend, we should make it state controlled?
The gambling is not the poor man's stock exchange. They are identical. One man studies form of a team, the other that of cocoa beans. It is only the perception that's different.
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Good morning Grumpybum,
I think gambling has become much too convenient and easy to use.
People have apps on their phone where they can spend their children's food money in the blink of an eye.
If there were a proposal to have an app with a straw attached where people could drink alcohol day or night, there would be an outcry.
Addiction to gambling is just as devastating for individuals and families as alcohol, but is being largely ignored.
I think gambling has become much too convenient and easy to use.
People have apps on their phone where they can spend their children's food money in the blink of an eye.
If there were a proposal to have an app with a straw attached where people could drink alcohol day or night, there would be an outcry.
Addiction to gambling is just as devastating for individuals and families as alcohol, but is being largely ignored.
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Gambling? No, thanks...
What I have noticed (internationally) is that the majority of people who gamble are those who can't actually afford to spend money on gambling...
No wonder most of winners come from council estates...
What I have noticed (internationally) is that the majority of people who gamble are those who can't actually afford to spend money on gambling...
No wonder most of winners come from council estates...
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KremaP: Gambling? No, thanks...
What I have noticed (internationally) is that the majority of people who gamble are those who can't actually afford to spend money on gambling...
No wonder most of winners come from council estates...
What I have noticed (internationally) is that the majority of people who gamble are those who can't actually afford to spend money on gambling...
No wonder most of winners come from council estates...
Thats because the majority of people pet se are poorer.
That said, those poor people betting on their football team make up about 90 percent of the bettors but only about 60% of the revenue.
We just don't see the rich bettors as much.
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mollybaby: Good morning Grumpybum,
I think gambling has become much too convenient and easy to use.
People have apps on their phone where they can spend their children's food money in the blink of an eye.
If there were a proposal to have an app with a straw attached where people could drink alcohol day or night, there would be an outcry.
Addiction to gambling is just as devastating for individuals and families as alcohol, but is being largely ignored.
I think gambling has become much too convenient and easy to use.
People have apps on their phone where they can spend their children's food money in the blink of an eye.
If there were a proposal to have an app with a straw attached where people could drink alcohol day or night, there would be an outcry.
Addiction to gambling is just as devastating for individuals and families as alcohol, but is being largely ignored.
Yes, there are people who do that. But gambling addiction levels are no worse than other addictions, and lower than some others. We're talking low single digit numbers. Still too many......
Locally, I estimate it to be closer to 12%, and with a higher level of denial and a lower level of available help.
I disagree 5hat it is largely ignored. There are many gamble aware campaigns and all the licensed companies take addiction seriously. It's not seen as a cash cow. They understand they have a responsibility too.
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Grumpywriter: The old UK lottery odds were way over 14,000,000 to 1. Anything is better than that :))))))))))).
The only reality about lotteries is that, if you don't buy one, you will never win. If you do buy one...... you will never win
The only reality about lotteries is that, if you don't buy one, you will never win. If you do buy one...... you will never win
Lotto was invented by the Vatican
I spent quite a lot of time putting together lotto games as sought of meditation while sitting around in years of family court proceedings, sat around writing out games of six on graph paper testing against the lotto results mostly, rather than playing games.
However later i put together and managed a lotto game that twenty of us often put on.
The games i put together brought together five of any eight drawn numbers, no matter what numbers were drawn the game brought together five of any of the eight drawn numbers. Every single time we got back 88% 92% of our outlay, so we 10% no matter how big the games we put on. So gave up...
In Australia standard lotto draws six wining balls and two supplementary numbers from a total 45 numbers.
Standard Aussie lotto game has odds of 22 or 24 million to one,
In other words there are a possible 22 million combinations of six winning numbers from 45 numbers.
They also play a game called Power Ball that has 64 million possible combinations of five winning numbers and one drawn ball that is called a power ball that is drawn another 1 to 45 numbers.
So to win the whole pool a winner needs five winning numbers from 1 to 45 numbers plus the one drawn from 1 to 45 powerball.
When i got first computer i purchased Lotto Software (which i probably still have. The software was able to record and test against all previous draws, configure games that bring together number four, five whatever from 10 numbers or whatever. Example there are 28 possible combinations of six numbers from eight numbers and the software could churn that sought of stuff out. Could churn out number of times number three has been drawn and a possibility of its chance been drawn again. On one hand a load of crap on the other over given time all balls get drawn equal number of time if machine that draws the balls were exact but never could be.
I looked but government draws the balls without public supervision, have prior knowledge of who the winner is and of course no body of sound mind would put it past the politicians in this country to fiddle with the lotto draws.
There was syndicates putting games together using system 32's (five system 32's) that won every single draw that the games were put on.
Government gets 20% of all bets figured that out and changed the rules limiting systems to max system 22.
If you not in you can't win BUT!!
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I was with you right up until the conspiracy theory.
But you're right about the fallacy of those hot and cold numbers. The machine had no memory... and the company doesn't care who wins, their % is built in and none of the rist is theirs.
The odds are astronomical, but so I'd the payoff... and that's what draws the people in. My 1 pound, dollar, zonk, can return me 7 million. And yes it can.....
IT COULD BE ME!!!
But you're right about the fallacy of those hot and cold numbers. The machine had no memory... and the company doesn't care who wins, their % is built in and none of the rist is theirs.
The odds are astronomical, but so I'd the payoff... and that's what draws the people in. My 1 pound, dollar, zonk, can return me 7 million. And yes it can.....
IT COULD BE ME!!!
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Grumpywriter: Thats because the majority of people pet se are poorer.
That said, those poor people betting on their football team make up about 90 percent of the bettors but only about 60% of the revenue.
We just don't see the rich bettors as much.
That said, those poor people betting on their football team make up about 90 percent of the bettors but only about 60% of the revenue.
We just don't see the rich bettors as much.
What I had in mind is that this particular group of people are more likely to believe that scratch cards are the only way to success in life...
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KremaP: What I had in mind is that this particular group of people are more likely to believe that scratch cards are the only way to success in life...
I know what you mean, but think it is more hope than belief.After all, a 3, 4, 5 million pound or dollar win is certainly life-changing. When ter for good or bad is another topic, of course...
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Grumpywriter: I was with you right up until the conspiracy theory.
But you're right about the fallacy of those hot and cold numbers. The machine had no memory... and the company doesn't care who wins, their % is built in and none of the rist is theirs.
The odds are astronomical, but so I'd the payoff... and that's what draws the people in. My 1 pound, dollar, zonk, can return me 7 million. And yes it can.....
IT COULD BE ME!!!
But you're right about the fallacy of those hot and cold numbers. The machine had no memory... and the company doesn't care who wins, their % is built in and none of the rist is theirs.
The odds are astronomical, but so I'd the payoff... and that's what draws the people in. My 1 pound, dollar, zonk, can return me 7 million. And yes it can.....
IT COULD BE ME!!!
I'll bet you $1 it's not this week.
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mykingdomforanam: I'll bet you $1 it's not this week.
Keep your money. I don't wager.------ This poll is Archived ------
Grumpywriter: Keep your money. I don't wager.
I only wager, when I'm sure I'll win.
I'll bet the sun sets in the west tonight... and I'd be willing to bet anybody a dollar every day, that they won't win the lottery on that day.
With odds like those, I can't lose.
And I'll play the nickle slots so slow, that it comes out cheaper than buying a drink.
There's times it's wiser to "gamble," than to define yourself as a man who doesn't wager.
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Grumpywriter: Whether it is sportsbetting, slots, live casino or p2p games like poker and backgammon, online gambling is everywhere. It's even (slowly) returning to the US, State-by-State and accessed by 'grey' markets through VPN.
But is it a beneficial service to society, or a degenerative influence that targets the vulnerable?
But is it a beneficial service to society, or a degenerative influence that targets the vulnerable?
... targets the vulnerable?
Not sure about it but gambling (compulsive) is a mental disorder, people are delusional because even though they know the very low odds for winning they still bet.
Sad and tragic for the people around the gamblers.
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mykingdomforanam: I only wager, when I'm sure I'll win.
I'll bet the sun sets in the west tonight... and I'd be willing to bet anybody a dollar every day, that they won't win the lottery on that day.
With odds like those, I can't lose.
And I'll play the nickle slots so slow, that it comes out cheaper than buying a drink.
There's times it's wiser to "gamble," than to define yourself as a man who doesn't wager.
I'll bet the sun sets in the west tonight... and I'd be willing to bet anybody a dollar every day, that they won't win the lottery on that day.
With odds like those, I can't lose.
And I'll play the nickle slots so slow, that it comes out cheaper than buying a drink.
There's times it's wiser to "gamble," than to define yourself as a man who doesn't wager.
As we're talking traditional gambling, and online in particular, I don't gamble. Not even a home poker game or the lottery.
But of course, there are many gambles in life. Which job to accept? Use the bridge or risk the traffic when crossing the road? Love and life are a gamble. But you won't find me Doubling Down on 11, betting Straight Up on my mother's birthday or going all in on Trip Queens.
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Grumpywriter: As we're talking traditional gambling, and online in particular, I don't gamble. Not even a home poker game or the lottery.
But of course, there are many gambles in life. Which job to accept? Use the bridge or risk the traffic when crossing the road? Love and life are a gamble. But you won't find me Doubling Down on 11, betting Straight Up on my mother's birthday or going all in on Trip Queens.
But of course, there are many gambles in life. Which job to accept? Use the bridge or risk the traffic when crossing the road? Love and life are a gamble. But you won't find me Doubling Down on 11, betting Straight Up on my mother's birthday or going all in on Trip Queens.
Gambling is one thing choosing the way is another.
Gambling implies risks not known or known but ignored.
Choices is a way to go, perhaps a must.
as a writer (perhaps a good one) could you describe the difference of both?
and no, life and love are not for gamble.
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Grumpywriter:
But you won't find me Doubling Down on 11, betting Straight Up on my mother's birthday or going all in on Trip Queens.
But you won't find me Doubling Down on 11, betting Straight Up on my mother's birthday or going all in on Trip Queens.
I don't gamble enough to have a clue about what you're talking about.
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lifeisadream: Gambling is one thing choosing the way is another.
Gambling implies risks not known or known but ignored.
Choices is a way to go, perhaps a must.
as a writer (perhaps a good one) could you describe the difference of both?
and no, life and love are not for gamble.
Gambling implies risks not known or known but ignored.
Choices is a way to go, perhaps a must.
as a writer (perhaps a good one) could you describe the difference of both?
and no, life and love are not for gamble.
How much you wanna bet on that ?
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HexagonKeySet: How much you wanna bet on that ?
Betting?
no, not betting on love/relationship.
You do have in love/relationship what you are capable (willing to) of trading for.
or is it betting on Grumpywritter to discern it?
I would bet on Grumpy's capabilities for sure
and you go away troll
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lifeisadream: Betting?
no, not betting on love/relationship.
You do have in love/relationship what you are capable (willing to) of trading for.
or is it betting on Grumpywritter to discern it?
I would bet on Grumpy's capabilities for sure
and you go away troll
no, not betting on love/relationship.
You do have in love/relationship what you are capable (willing to) of trading for.
or is it betting on Grumpywritter to discern it?
I would bet on Grumpy's capabilities for sure
and you go away troll
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That was obviously a joke ... but still it sailed right on over your humourless lil head !
But then again every joke has the seeds of reality with in it ...
Are you REALLY fool enough to deny that people DO in fact gamble with their lives or make gables (take risks) with and for love ?
I think Mr Putin recently drew attention to the 'Bobbleheads'
:-)
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lifeisadream: Betting?
no, not betting on love/relationship.
You do have in love/relationship what you are capable (willing to) of trading for.
or is it betting on Grumpywritter to discern it?
I would bet on Grumpy's capabilities for sure
and you go away troll
no, not betting on love/relationship.
You do have in love/relationship what you are capable (willing to) of trading for.
or is it betting on Grumpywritter to discern it?
I would bet on Grumpy's capabilities for sure
and you go away troll
I wasn't saying bet on love.
I mean our life choices, including love, are a gamble. We never fully know what our decisions will bring us. Like the turn of a card, we can only have an approximate idea of what will appear. At best, we can narrow the odds, but that card will still be a mystery until we see it.
Tell me this isn't life or love. Tell me this isnt also part of the attraction of the leaps of faith we take on a daily basis. Tell me we all know our partners 100% and k ow there will never be unpleasant surprises.
Casino gambling, no matter what people believe cannot be won by systems. As soon as you place your money on the table it is lost and you have a 2,3, 4 (or more) % disadvantage to win it back. The mathematics are against you, but the lure of the money, the thrill of the gamble and, unfortunately, the hope of winning is what brings people back repeatedly, regardless knowing that the odds are stacked against them.
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HexagonKeySet: That was obviously a joke ... but still it sailed right on over your humourless lil head !
But then again every joke has the seeds of reality with in it ...
Are you REALLY fool enough to deny that people DO in fact gamble with their lives or make gables (take risks) with and for love ?
I think Mr Putin recently drew attention to the 'Bobbleheads'
:-)
But then again every joke has the seeds of reality with in it ...
Are you REALLY fool enough to deny that people DO in fact gamble with their lives or make gables (take risks) with and for love ?
I think Mr Putin recently drew attention to the 'Bobbleheads'
:-)
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Grumpywriter: I wasn't saying bet on love.
I mean our life choices, including love, are a gamble. We never fully know what our decisions will bring us. Like the turn of a card, we can only have an approximate idea of what will appear. At best, we can narrow the odds, but that card will still be a mystery until we see it.
Tell me this isn't life or love. Tell me this isnt also part of the attraction of the leaps of faith we take on a daily basis. Tell me we all know our partners 100% and k ow there will never be unpleasant surprises.
Casino gambling, no matter what people believe cannot be won by systems. As soon as you place your money on the table it is lost and you have a 2,3, 4 (or more) % disadvantage to win it back. The mathematics are against you, but the lure of the money, the thrill of the gamble and, unfortunately, the hope of winning is what brings people back repeatedly, regardless knowing that the odds are stacked against them.
I mean our life choices, including love, are a gamble. We never fully know what our decisions will bring us. Like the turn of a card, we can only have an approximate idea of what will appear. At best, we can narrow the odds, but that card will still be a mystery until we see it.
Tell me this isn't life or love. Tell me this isnt also part of the attraction of the leaps of faith we take on a daily basis. Tell me we all know our partners 100% and k ow there will never be unpleasant surprises.
Casino gambling, no matter what people believe cannot be won by systems. As soon as you place your money on the table it is lost and you have a 2,3, 4 (or more) % disadvantage to win it back. The mathematics are against you, but the lure of the money, the thrill of the gamble and, unfortunately, the hope of winning is what brings people back repeatedly, regardless knowing that the odds are stacked against them.
Casino gambling is for fools (or even bingo to some extent).
Love, unconditional love has not units and can not take bets.
(like the love of a mother or a father)
Love between two people (with different DNA) is a trading action although some might just give without expecting the return and that can be admirable.
So, no. Gambling has not place in love even if people do not know for sure what they get into it.
In love there is not one winner.
In love there are partners, companions..they both are winners.
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At least I bingo, everyone has the same chance....
You're musinderstanding what I am saying.
The very actions of life are the gamble.
Approach the girl at the bar? There is a risk she says no. Therefore, there is a gamble in approaching her.
Meet someone. Everything feels right, but you cannot guarantee it will work. That risk, that small uncertainty is the gamble.
Two job offers. One is safe, good money and boring. The other is a new enterprise, more risk but closer to your values. You have a mortgage and kids to feed.... you could take the safe option, hate it so much and quit. You could take the riskier, but more rewarding option and the enterprise fails. This is a gamble.
If we never made decisions in life without them being certainties, we would have been extinct a long time ago. We cannot be sure everything will work. If we could, this site wouldn't exist, would it?
No, we weigh up the pros and cons and, based on the available facts, make a decision. The gaps in our knowledge are the risk, the gamble, the educated guess.
You and I fall in love. One of us has to quit our job, move country... No matter how long we talked, how many times we met, that last step contains an element of risk. You cannot deny that.
You're musinderstanding what I am saying.
The very actions of life are the gamble.
Approach the girl at the bar? There is a risk she says no. Therefore, there is a gamble in approaching her.
Meet someone. Everything feels right, but you cannot guarantee it will work. That risk, that small uncertainty is the gamble.
Two job offers. One is safe, good money and boring. The other is a new enterprise, more risk but closer to your values. You have a mortgage and kids to feed.... you could take the safe option, hate it so much and quit. You could take the riskier, but more rewarding option and the enterprise fails. This is a gamble.
If we never made decisions in life without them being certainties, we would have been extinct a long time ago. We cannot be sure everything will work. If we could, this site wouldn't exist, would it?
No, we weigh up the pros and cons and, based on the available facts, make a decision. The gaps in our knowledge are the risk, the gamble, the educated guess.
You and I fall in love. One of us has to quit our job, move country... No matter how long we talked, how many times we met, that last step contains an element of risk. You cannot deny that.
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Grumpywriter: At least I bingo, everyone has the same chance....
You're musinderstanding what I am saying.
ok!
The very actions of life are the gamble.
Approach the girl at the bar? There is a risk she says no. Therefore, there is a gamble in approaching her.
Risk?
you already knew that she would say: yes, not or maybe. I do not see any risk on that.
(what ever the outcome there is not a hazard or damage to either)
Meet someone. Everything feels right, but you cannot guarantee it will work. That risk, that small uncertainty is the gamble.
Two job offers. One is safe, good money and boring. The other is a new enterprise, more risk but closer to your values. You have a mortgage and kids to feed.... you could take the safe option, hate it so much and quit. You could take the riskier, but more rewarding option and the enterprise fails. This is a gamble.
If we never made decisions in life without them being certainties, we would have been extinct a long time ago. We cannot be sure everything will work. If we could, this site wouldn't exist, would it?
No, we weigh up the pros and cons and, based on the available facts, make a decision. The gaps in our knowledge are the risk, the gamble, the educated guess.
You and I fall in love. One of us has to quit our job, move country... No matter how long we talked, how many times we met, that last step contains an element of risk. You cannot deny that.
You're musinderstanding what I am saying.
ok!
The very actions of life are the gamble.
Approach the girl at the bar? There is a risk she says no. Therefore, there is a gamble in approaching her.
Risk?
you already knew that she would say: yes, not or maybe. I do not see any risk on that.
(what ever the outcome there is not a hazard or damage to either)
Meet someone. Everything feels right, but you cannot guarantee it will work. That risk, that small uncertainty is the gamble.
Two job offers. One is safe, good money and boring. The other is a new enterprise, more risk but closer to your values. You have a mortgage and kids to feed.... you could take the safe option, hate it so much and quit. You could take the riskier, but more rewarding option and the enterprise fails. This is a gamble.
If we never made decisions in life without them being certainties, we would have been extinct a long time ago. We cannot be sure everything will work. If we could, this site wouldn't exist, would it?
No, we weigh up the pros and cons and, based on the available facts, make a decision. The gaps in our knowledge are the risk, the gamble, the educated guess.
You and I fall in love. One of us has to quit our job, move country... No matter how long we talked, how many times we met, that last step contains an element of risk. You cannot deny that.
Any way, it might be just semantics.
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I think it's very plain to see who is the supercillious troll here!
Let me see now, that would be the one of us with the fake 99 yo profile who by her own words is not here for any reason related to dating or even friendship but solely to troll the boards !
Let me see now, that would be the one of us with the fake 99 yo profile who by her own words is not here for any reason related to dating or even friendship but solely to troll the boards !
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Never been too fond of gambling for some reason....the casino kind, anyway. Seems the odds are in the house's favor.
I will drop a dollar or two in change on the local lottery when at the convenience store just for shlts n giggles. Have won $500 once, $2500 once, $100 once, and $40 once.
Ain't gonna add money spent vs money won
I will drop a dollar or two in change on the local lottery when at the convenience store just for shlts n giggles. Have won $500 once, $2500 once, $100 once, and $40 once.
Ain't gonna add money spent vs money won
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rmac318: Never been too fond of gambling for some reason....the casino kind, anyway. Seems the odds are in the house's favor.
I will drop a dollar or two in change on the local lottery when at the convenience store just for shlts n giggles. Have won $500 once, $2500 once, $100 once, and $40 once.
Ain't gonna add money spent vs money won
I will drop a dollar or two in change on the local lottery when at the convenience store just for shlts n giggles. Have won $500 once, $2500 once, $100 once, and $40 once.
Ain't gonna add money spent vs money won
Yes, ruthlessly in the House's favour!
The bank I used for business in UK used to take a handful of customers each year to the regional Bankers Ball and afterwards on to the casino (also a customer of same bank) where we each given a sum to play with. I always put half in my wallet (so I was sure to come out ahead ) and happliy always made money on the other half!
But it's a mugs game to be playing with your own money eh !
I do buy (make a donation via) a national Lottery ticket though ... half of the ticket price is away to good causes and I think to date with a few prizes won (best was close to $10k) I'm probably still ahead of the game !
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rmac318: Never been too fond of gambling for some reason....the casino kind, anyway. Seems the odds are in the house's favor.
I will drop a dollar or two in change on the local lottery when at the convenience store just for shlts n giggles. Have won $500 once, $2500 once, $100 once, and $40 once.
Ain't gonna add money spent vs money won
I will drop a dollar or two in change on the local lottery when at the convenience store just for shlts n giggles. Have won $500 once, $2500 once, $100 once, and $40 once.
Ain't gonna add money spent vs money won
Not seems - fact. As far as I recall, there is only one 0% house edge bet in the casino and 5hat ls the odds bet in Craps... it's not even marked on the table.
Slots have around 2 to 15% house advantage and roulette is 2.7%, unless you are doom enough to play American Roulette with is around 5.24% house edge.
Poner is a different matter. If you know more than me about the game, the mathematics and can read people, over time you will beat me. It's a fairer game and the house just takes a rake.
Basically, if you want to make money in a casino... own the casino.
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in Sports
Created: Apr 2017
Last Viewed: just now
Last Commented: Apr 2017
Last Voted: Jun 2020
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Online Gambling(Vote Below)
But is it a beneficial service to society, or a degenerative influence that targets the vulnerable?