Gambling Facts – It’s More than Numbers

If you are one who thinks wagering is a new activity that blossomed in Nevada in the the twentieth century, you may need to brush up on your wagering facts. To get a good idea of how large the wagering story is, try going back a couple of thousand years. You’ll see that games based on chance and the roll of dice have been always been a part of human history.

Not only did the Chinese and other populations enjoy wagering and games of chance, many Local American groups engaged in such activities just before the modern casino. Add to this the varieties of wagering carried around the world by European explorers and you have a global phenomenon of challenge and excitement. Here’s a basic fact – lotteries have even been used to raise funds for public construction projects.

o If you see 100 people on the street in a day, it’s a pretty safe bet that about 65 of them have placed a bet or made a gamble in the past year.

o By many counts, profits in wagering casinos worldwide are $30 thousand annually. Various studies report that Local American reservations host nearly 300 casinos.

History of wagering facts: The state of Nevada legalized wagering in 1931. New jersey was the second state to make wagering legal (1976). South Dakota and Iowa followed in 1989.

o While casinos have powered in Nevada since the 1940s, the state created its Gaming Commission in 1959.

One misconception that seems reluctant to die is that online wagering is not fair to players, because of casino control, less-than-random numbers and so on. Essentially, this is false. Safe-gaming software, ecommerce Online Regulation and Assurance (eCOGRA) and various licensing countries have eliminated a lot of the insecurity and unfair play. The misconception may soon turn into one of the many Internet wagering facts.

o Casino style games are the best popular activity online, outnumbering sports gambling 2 to 1. Lotteries and pari-mutuel gambling are far down the list in percentage of online wagering activity, as are real-time on-line poker rooms.

o The Interstate Wire Act, passed in 1961, is a federal law that had encourage reducing wagering activity. The law states that it is illegal in the united states to use wire communication (such as telephone) to place gamble or share wagering information.

Interesting Wagering Facts: Sixty percent of online gamblers use English as their primary language. Second in line is European. Germany takes up position number three, according to a survey by Inland Entertainment Corporation. As for age, the numbers are close, but those between 26 and 34 play a bit more than others. One from every five players is over the age of 45.

o In addition to online casinos, many of the most popular varieties of Web/Internet wagering are lotteries, sports books (wager on football, rugby, baseball etc. ).

o According to a 2007 story in USA Today, the Venetian Macao casino was the largest in the world (on the southeast tip of China). Foxwoods in Connecticut is also advertised as the world’s largest casino.

Very Interesting Wagering Facts: Video spots are generally considered the most popular online casino game. Roulette is one of the hardest games to win, while casino poker is often considered one of the easiest (with a little skill). If you can learn to count cards, you can move blackjack to the the top of “easier” list.

o There are 24 possible number products when a pair of dice is thrown.

o In 2003, a man won more than $39 million in a video slot payout, after putting about $100 in. In 1997, girls won $12 million in one payout.

Even more Interesting Wagering Facts: Wagering is technically legal in virtually any state, in some form. Other than the Wire Act mentioned earlier, there is little federal regulation pertaining to wagering by an individual.

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