Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

Gambling Myths 101


Myths and rumors come with every gambling game. However undesirable, they can be a good source of recreation. The major cause of these beliefs and tales is the uncertainty related with gambling.

Slot machines were first played in the late nineteenth century. Since then the machines have changed with more reels and increased number columns and slots, however, the basic concept of operating them remains the same. Players seem to devise various strategies to be a winner. The most common strategy advocated is to play safe with one's money. Play the machine till a pre-decided sum of money and if the trend of loosing does not change save the rest of the money. Another advice given by the experts is to prefer casino cards to casino meters. Other self proclaimed 'experts' boast to beat slot odds. This can hardly be true as the slot results are generated randomly through electronic number generators.

Blackjack is a pro-player game. The techniques and strategies suggested by some cannot be claimed to be foolproof. Playing with a single deck is believed to be easiest. With the increase in the number of cards the house advantage also increases and the out come of the game becomes highly unpredictable. Card counting requires skill and one needs to be a master of blackjack to carry out this technique. Though it involves simple mathematics, it can take hours to judge other player's hands to play a safe bet. Another technique is shuffle tracking. It is believed that mostly shuffles do not lead to random arrangement of cards and there is probability that certain sequences go unshuffled. This technique can be quite unreliable. Another argument is that the seating arrangement can affect the outcome of the game. This appears to be a myth and is discarded by most strategists.

Lotteries have the worst odd than any other gambling game. The most common myth suffered by the player is that "I can Win". This myth forces millions to participate and can also lead to haheavy losses for a few. Another myth is playing one's lucky numbers. This number can be the birth date, wedding date, or any other anniversary. Some people may also refer to numerologists.

Horse racing is one of the most popular and expensive forms of betting. The technique most people employ while betting on a horse is 'Handicapping'. This involves studying the horse's history - its performance, pedigree, medical history etc before betting on it. A rather fashionable practice to bring good luck is to wear fancy hats. The ladies wear colorful hats at the Kentucky Derby traditionally as a good omen.

While myths can be quite harmless and funny at times, a more unethical technique desperate players employ is cheating. The various methods used include the us of a tampered dice, commonly called a 'loaded dice', marking the cards with juice or special ink, or resorting to tricky shuffles. Cheating is essentially antisocial and should eb curbed.

Myths and folklores related to the games are good as long as they are healthy. However, if the player looses his rationality completely, they can be dangerous as well, leading to heavy financial losses. Myths are a mixture of hidden facts and lots of speculation and one should treat them as a part of the game.

Mansi aggarwal writes about. gambling myths. Learn more at http://www.learngamblingmyths.com.


MORE RESOURCES:

Ex-Meadowlands Sports Complex chief urges swift action on North Jersey ...
NorthJersey.com
Jim Kirkos, president of the Meadowlands Regional Chamber of Commerce, said that while he and other local officials support North Jersey casino gambling, “a casino is subordinate to a convention center.” A number of speakers agreed that the sports ...

and more »


The Republican - masslive.com

Massachusetts gubernatorial candidates spar on casino gambling, education ...
The Republican - masslive.com
SPRINGFIELD — The five candidates for governor debated topics from global warming to casino gambling in their first televised post-primary debate, held at CityStage in Springfield. Democrat Martha Coakley, Republican Charlie Baker and independents ...

and more »


National Catholic Register

Mass. Bishops: Casino Gambling Is a Bad Bet
National Catholic Register
BOSTON — Led by Cardinal Sean O'Malley of Boston, the Catholic bishops in Massachusetts are urging voters to support a ballot measure this November that would repeal a 2011 law that legalized casino gambling in the Bay State. As of now, not a single ...
Study: Gambling industry worth $240B, 1.7M jobsSioux City Journal
Casino mogul says experience, not gambling, is keyThe State

all 334 news articles »


Former Meadowlands Sports Complex chief urges swift action on casino gambling
NorthJersey.com
Jim Kirkos, president of the Meadowlands Regional Chamber of Commerce, said that while he and other local officials support North Jersey casino gambling, “a casino is subordinate to a convention center.” A number of speakers agreed that the sports ...



New Hampshire Magazine

The real impact of casino gambling in NH
New Hampshire Magazine
As someone who spends nearly every hour of every day thinking, talking, writing about politics, you can take it from me: your vote this fall will not repeal Obamacare or keep it, it will not lower your taxes or increase them on the rich, it won't stop ...



The Weekly Standard

Georgia needs casino gambling for education
Marietta Daily Journal
Democrats say they need to vote on Sunday; Republicans say it isn't right. It is true some will bus their votes to the polls. I don't think it matters when we vote. It is how we vote. We have been told by our lawmakers that we are not educated enough ...
House of CardsThe Weekly Standard

all 3 news articles »


Accountant accused of theft to fund casino gambling
Chesterton Tribune
A Munster accountant has been indicted in federal court on a charge of bank fraud in connection with the theft of more than half a million dollars from a physician, the U.S. Attorney's Office for the Northern District of Indiana said. Jack Weichman, 62 ...



Al Jazeera America

The winners and losers of casino gambling
Al Jazeera America
Today 39 states host casino gambling of some kind, in addition to an explosion of Internet sites. Because of this new competition, betting meccas across the nation are increasingly feeling the heat. New Jersey's gambling revenue, for example, fell by ...
Up Close: Casino GamblingWABC-TV
As Casino Gambling Busts, Atlantic City Firms Play OnMondaq News Alerts (registration)
Atlantic City: When The One Trick Pony FailsMetroJacksonville.com
Toledo Blade -NJ TODAY -UPI.com
all 463 news articles »


Ohio casino gambling: Has it met your expectations?
The Plain Dealer - cleveland.com
Slots on the second floor of Horseshoe Cleveland Casino, which celebrated its second anniversary on May 14. (Lynn Ischay/The Plain Dealer) (Lynn Ischay, The Plain Dealer). Print · Amanda Harnocz, Northeast Ohio Media Group By Amanda Harnocz ...
Editorials from around OhioWTRF

all 16 news articles »


School executives association neutral on casino gambling; opposes open ...
Chalkbeat Colorado
The Colorado Association of School Executives, the advocacy group that represents school administrators statewide, has decided to take a neutral position on Amendment 68, the November ballot measure that would allow expansion of casino gambling and ...


Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright 2006 Luminati Inc. All rights reserved.