Why Do We Gamble?

Let’s start with a definition. What is gambling? Gambling is betting on something that may or may not happen in the future. When we gamble, we take a risk, choose an uncertain outcome, and bet on it. Gamblers bet on casino games, horse racing, and sports where the result can’t be predicted with certainty. Some people will bet on anything. Remember the Seinfeld episode where Kramer bet on the arrival and departure times of airplanes at a New York City airport? How is gambling different from buying stocks and bonds? Stocks and bonds are considered investments and not gambles because we can reasonably expect to come out ahead in the long run. They may be risky but not in the same sense as gambling.How is gambling different from buying insurance? When we buy insurance, we are betting on something that may or may not happen in the future. We don’t want to take the risk that it will happen, so we pay someone else (the insurance company) to take the risk for us. When we buy homeowner’s insurance, for example, we are betting our house will burn down and the insurance company is betting it won’t. (Of course we hope we won’t win this bet.) This isn’t gambling because the risk can be calculated. The insurance company uses all kinds of statistics to analyze the probability of our house burning down and fixes the premium we will pay accordingly.People have gambled since ancient times. However, society never approved of it because it was labeled an attempt to get money without working for it. Society believed that hard work should pave the way to financial success. It wasn’t until the late 1960s that states (except for Nevada which had legalized all forms of gambling earlier) started to run lotteries to raise money for worthwhile causes. So why do we gamble even though we are unlikely to win in the long run? We gamble for the excitement of the uncertain outcome. Some gamble to try to make their financial dreams come true. Some people gamble for entertainment or enjoyment, such as a night out with friends at the casino or a bingo game for a charitable organization or a lottery ticket. Some think they can beat the odds and make a living out of gambling. There are people who gamble because they simply love the challenge. They look at gambling as a game of skill or problem solving and they are sure they can win. Some like the environment or the thrill of a possible big win, or the adrenaline rush of taking a chance. Casinos allow us to socialize and pass some time. There are no clocks in a casino; we lose track of time; we forget all our troubles. It’s like a therapy session! If we are timid, we can go to a casino and boldly take chances.Occasional gambling may be a relaxing form of entertainment but be careful not to get addicted. Addiction may lead to obsession. You may lose control and become so fanatical that you can ruin you life or suffer other catastrophic consequences. So if you gamble, be sure to set limits and keep to the limits you have set.For more information about casino gambling visit my website.

7 Poker Tips to Help You Win Money at the Table

Poker is a very popular game that is played by many people around the world. The reason why poker is so addictive and popular is because you can actually win money with it.In this article, let me share with you some poker tips that can improve your game. By following these tips, you will become a better player and therefore win more money at the table.1. Pay attention to what is happening on the table. A good poker player will always pay attention to the cards on the table. You need to be aware of the situation so that you can come up with effective strategies to counter your opponents.2. Do not play too many hands. Play fewer hands and do not be tempted by any face card. Although sometimes a face card may look tempting, it does not worth the effort at all.3. When you are in a bad mood, do not play. Remember that you should always play poker when you are in a good mood. When you play poker in a bad mood, you will let your emotion takes control, not your head. You will make bad decisions that you normally won’t make and end up losing money.4. When you are drunk, do not play. Even if you are not fully drunk, you should not play. Because alcohol will cause you to make bad decision.5. Do not stay in a hand simply because you have put money into it. If you know you have a bad hand, let it be beaten. Do not think that just because you have already committed money to the pot, you should try your luck. The money that you put into a pot is no longer yours unless you win it. Therefore, if you know you have a bad hand, do not put more money into the losing pot.6. Only play with money that you can afford to lose. Before you start playing at a table, you should determine your money limit. Do not be afraid to walk away if it is a bad day for you.7. Bluff at the right moment. Do not bluff just for the sake of bluffing. If you bluff at the wrong times, you can end up losing money. So analyse the game and determine the time to bluff. Although bluffing is an exciting poker technique, it is not necessarily that you must always use it in order to win money. There are times that you can win money without bluffing.Hope that you will bear these poker tips in mind and become a better player.


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