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Gambling definition

Remote Gaming and the Gambling Industry

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830 posts В• Page 284 of 266

Gambling definition velocity table

Postby Dizuru В» 16.02.2020


To fill out this checklist, please add the following code to the template call:. I think the info here on horse racing could use some expansion.

I'm trying to learn about it but I have several questions:. It seems like maybe horse racing should have its own article. I'm wondering whether this page needs some temporary protection. The same edit is coming through from a range of IPs quite regularly I don't think this article should be listed under category:Crime and category:Organized crime.

It is legal in a large amount of areas, and though gambling has a history of being involved with crime, it is more of a recreation. Scottbeck , 14 Sep UTC. I am not sure if this belongs here, because the source is my observation and guessing so it would classify as original research , so I write it here. What bookmakers call "odds" is often not the same as mathematical odds in probability theory , because sum of the "probabilites" corresponding to bookmakers' odds of all possible outcomes is often not 1.

In fact, it's always greater than 1, which means that the odds are rigged against the player who bets and favor the bookmaker. Furthermore, by dropping this restriction on odds, bookmaker can take his uncertainty into account, creating odds which are always rigged in his favor. So, in fact, to beat the bookmaker, it is not enough to know the probabilities of event better than him as long as he knows his uncertainty well enough.

However, that's not how fixed-odds betting is usually perceived in public; I believe, it is advertised to be precisely opposite, that if you would have better guess than bookmaker, you could profit. But it can be made so you cannot beat it, if bookmaker wishes and I believe, if he can, he does.

If anyone wants to discuss these things further, you are invited to leave a message on my talk page. The gambling page seems to be pretty strong in its opinion that roulette is not a beatable game. Yet the roulette page mentions the "Eudaemonic Pie" book about a group of people who proved it is not so. It is easy to show that a slightly tilted wheel I have found that about 0. Most people don't notice this, because this doesn't result in a certain number or group of numbers being more or less common.

However, it is possible to predict, without a computer, what area of the wheel the ball will fall off at, and make a bet on a single number at the last second or two, realising a substantial advantage. I know; I've done the maths and tried it out all this was several years ago. I don't intend on giving great details, just the fact that some sort of prediction based on the tilt of a wheel is possible. Or is that sort of thing just too controvercial for the Wikipedia?

Well, a tilted wheel isn't exactly flawed, just not installed correctly. I don't agree that it's anything close to broken slot machines. However, I do think now that anything said about this should be quite short. Perhaps I can dig up some information about the various Huxley wheels Huxley is a major roulette wheel manufacturer , and how the various new versions of the wheel were supposedly designed to prevent various kinds of physical prediction.

With some reference to back me up, perhaps a few short paragraphs would be appropriate. If this is encyclopedic knowledge, it belongs in a separate Roulette section, as noted above. I'm now of the opinion that this is just too controvercial and off topic to put in Wikipedia, though I initially thought it might be. What a joke. A legitimate method of Roulette advantage was just replaced by a method that hardly exists in modern casinos.

And over on the dice control page another reference to a bad source that pushes scam systems was added. There appears to be no interest in accuracy in the gambling related articles. The references used and 'research' used are simply from terrible sources. Frankly, based on what I have seen here; I have come to doubt all of WP. Objective , 1 December UTC. It has happened before. Newmann, a developer of card counting, used a computer to beat roulette, but computers would be banned in casinos.

Much earlier, Jagger used a fault in a roulette wheel, like he was talking about, to win large amounts of money, but now the roulette wheels are changed from table to table regularly to stop it from working. Casinos are designed to make a profit, and want to stop tricks like that from working. The article could use a discussion of differing views on the morality of gambling.

Should we have a section on what different religions say about gambling. Why is dice control not debatable? I'm not being argumentative; I genuinely don't know and would like to be educated. Flat Earth Society is "not debatable" because for every bozo astronomer who claims it to be so, I could point to literally different sources of real astronomers who contradict.

Is the same statement true for dice control? Has the physics community truly spoken as one that it isn't possible? If so, then reference to that fact should be in the craps and dice control article.

But if not. Again, not making any particular argument for it myself. I don't play craps and admit I truly wouldn't know, one way or another. Mwelch , 6 March UTC. Should we separate multi-player games? Poker is beatable, but it isn't really a casino game in that you are not playing the house. Oh I think I see, it's because the intro is so long. OK I will rephrase, "Why is the intro so long? That I don't see. It seems to me an innocent bystander that the intro should stop in the 4th line at " Material goods" and the rest should be in a new first section.

I hope you dont object to this comment but, trust me, this article looks a mess when you stumble across it as I have Abtract , 28 May UTC. I see you reverted my more elegant and therefore more user friendly layout. Could you explain why? Abtract , 30 May UTC. Could you please explain why my suggested layout is not better? I thought I had. The way it is right now looks peculiar and the eye is not led to the contents list. When I first looked at this article I thought my laptop was playing up and had somehow merged two parts of the article and sort of jammed the contents in on the right.

All this because the intro is far too long. It surely is no accident that almost all articles have the contents on the left following a relatively short intro. I fully realise that this is entirely my opinion but I did give 2 days for a response to my statement that the article looks a mess as it now is.

If I think this then maybe other visitors to the article feel the same. Would it not be a good idea to let me make the change and ask here? Or do you own the article? OK OK I don't want to argue interminably. I am intrigued to know which other wiki articles have the contents on the right alongside a long intro in this fashion. If either of you could suggest a couple of good examples I would be interested to view them. Once I become convinced, I will naturally become a proponent of this method of eliminating whitespace from wiki and edit contents to the right wherever I can.

Thanks, I presume you are both active in some sort of project to eliminate useless whitespace, maybe I could join you?

Abtract , 31 May UTC. I've tried to spruce the article up a bit with some images from Commons. There are others there, so feel free to mix and match. This also allows us to move the TOC to the left again. Hopefully all will be satisfied with this look. You would be hard pressed to find any argument in favour of the social BENEFITS of arbitrary redistribution of wealth which are outweighed by the consequences regardless of how minor you may believe them to be.

Just an outside view: This whole section could use with some source citations. If there's an argument over the social effects of gambling and there arguably should be , it's best to present both sides, backed up by references.

To avoid weaseling, use specific individuals instead of "some people" or "many researchers" and the like. I think it would be good, somewhere, to have a discussion of the commentary on the social costs of gambling and the history of legalized gambling in the United States. I am sure that there would be disagreements and some difficulty in finding text that everyone agrees on, but if we stick to the principle that no one is expressing opinion, but we are merely reporting on the opinions expressed by others, then I think it can all be worked through.

Here is a suggested very rough outline. Please feel free to correct me:. It's a fact that those POV theories have been expressed by others in books and articles. Accordingly they absolutely have a place in Wikepdia, as the fact of their expression is of interest to many. I said these things should be "somewhere," so I was not saying that they should necessarily be in this article.

I have now noticed the article on "gambling in the United States," which is good and addresses some of my concerns. I feel that this should be part of a disambiguation, however.

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Re: gambling definition velocity table

Postby Durisar В» 16.02.2020

OK OK I don't want to table interminably. The way it is right gambling looks peculiar and the eye is definition led to the contents gamblihg. Individual patrons will now be able to use their credit cards to make bets. Nelson I. Referencing and citation: not checked Coverage and accuracy: not checked Structure: not checked Grammar and style: not checked Supporting materials: not checked Accessibility: velocity checked.

Posts: 494
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Re: gambling definition velocity table

Postby Nabei В» 16.02.2020

The statistical advantage that the casino has in games online subsequent game, and each bet, is called the house edge. The advent of software that uses global positioning technology, Internet addresses, and other data to track the age and geographic position of gamblers can make it possible for states to offer legal, remote gaming within their borders. Illustrating the differences in scale, the top 20 Indian gaming operations account for

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Re: gambling definition velocity table

Postby Barisar В» 16.02.2020

Other states are considering gambling proposals as they try to close budget gaps. Top U. Nobody labels "crossing the street" as gambling and neither did I. With some reference to back me up, perhaps a few short taable would be appropriate. During Reconstruction, Louisiana created a special lottery to help rebuild the state, drawing players from around the nation.

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Re: gambling definition velocity table

Postby Dirr В» 16.02.2020

The vast amount of information about the US in this section should be moved to a 'Gambling Laws definition the US' section, and please click for source content replaced with information about the legality of gambling worldwide. This article has been marked velocity needing an infobox. This article has been rated as Top-importance table the project's importance scale. After considerable delay, the Federal Reserve Board and the Department of the Treasury in gambling issued final rules to implement the law.

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Re: gambling definition velocity table

Postby Mazutilar В» 16.02.2020

The Justice Department in August filed a civil suit accusing Http:// Tilt Poker, one of the targeted sites, of defrauding defihition. I don't agree that it's anything close to broken machines. Casinos make a profit by offering games of chance where the average payouts are lower than the income produced by the overall wagers. Figures are compiled by state fiscal year.

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Re: gambling definition velocity table

Postby Zuluzahn В» 16.02.2020

So if someone wants to add an article with that as the focus feel free to do so and then it can be placed in the crimes category which is not for legal activities. It surely is no accident that almost all articles have the contents on the left following a relatively short intro. Subsequent comments should be made in a velofity section. During the th Congress, lawmakers have introduced legislation to allow, regulate, and tax online gaming—from narrow bills covering only poker, to broader bills that would allow a range of interstate online gaming.

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Re: gambling definition velocity table

Postby Mom В» 16.02.2020

A group called Fair Play USA, which includes state definition enforcement officers and gambling industry representatives, is click to see more supporting legislation on online for-profit poker. Thanks, Financing Uncertainty As is the case with commercial casinos, some tribal operations velocity expanded in recent table have been having difficulty meeting or restructuring debt obligations. Nevada began keeping records on gaming revenue in This phenomenon is best gambling by the math produced for expected win per hour at a blackjack table.

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Re: gambling definition velocity table

Postby Mira В» 16.02.2020

Bondegezou talk10 June UTC. There were seven state lotteries byand 43 by So trying to distinguish between 'certain future events' and 'uncertain future gamblimg is impossible, thus to define gambling as has traditionally been done would, again, render betting on any future prediction as gambling.

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Re: gambling definition velocity table

Postby Faugar В» 16.02.2020

Maybe a separate section for possibly beatable games? As a business model, the overall handle is a product of gambing of use, game speed, and average bet. The lawsuits, which remain pending, appear to have one credit U.

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Re: gambling definition velocity table

Postby Kajibei В» 16.02.2020

Congressional Research Service. IGRA authorizes three classes velocity gaming: class I social gaming, for gambling of minimal value or in fambling definition traditional tribal ceremonies; class II bingo and card games, but not games such as baccarat or slots; and click III casino gaming. Table 2. Table bettor wins only if all the linked wagers fall his or her way. The references used and 'research' used are simply from terrible sources.

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