Mind Blown Gambling Facts - page 3. | Bitcointalksearch.org

ice098

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Quote from: Ziskinberg on December 03, 2020, 06:22:52 PM

Quote from: TGD on August 21, 2020, 09:46:56 AM

A gambler named Archie Karas went to Las Vegas with $50, gambled it up to $40 million over the next two years, only to lose it all in three weeks. Source

How about this one? Who thought that winning is gambling is not possible, damn, small capital to $40 million, must be a gifted gambler, I wonder if there are many of them in the planet.

Though it's possible, but we should not think that this would happen to us, winning in gambling is not just for everyone.
In fact, winning is only for few people while casinos always makes money at the end of the day.

Losing your sacrifices and efforts to earn a $40 million in two years and lose it in just three weeks was so terrified. In gambling it will surely have a 50/50 chances of probability of winning and losing but it doesn't mean that we win once we will become a winner in our every game. And i guess earning that huge amount of profit in two in gambling doesn't define you already as a good gambler. There are some missing piece of our past experience that we should to look back to be able to become good.

Ziskinberg

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Quote from: TGD on August 21, 2020, 09:46:56 AM

A gambler named Archie Karas went to Las Vegas with $50, gambled it up to $40 million over the next two years, only to lose it all in three weeks. Source

How about this one? Who thought that winning is gambling is not possible, damn, small capital to $40 million, must be a gifted gambler, I wonder if there are many of them in the planet.

Though it's possible, but we should not think that this would happen to us, winning in gambling is not just for everyone.
In fact, winning is only for few people while casinos always makes money at the end of the day.

GrinZ

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The subject content is quite surprising very informative and entertaining based on the ancient history of gambling. One of the that caught my attention was 34 items, and it surprised me that the casino opened at the end of the day.

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Quote from: TGD on November 27, 2020, 10:15:16 AM

<...>

A cool story well it's too hard to deal with it in that situation its looks like you only have two options.
1. Getting caught by the cops because you are playing illegal gambling.
2. Hide the evidence.

Right now I'm wondering because due to the inspections for sure they will ask the people so how they can respond even there is dice on their mouth just my curiosity.

Betwrong

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Quote from: South Park on December 02, 2020, 12:55:45 PM

Quote from: Betwrong on November 18, 2020, 06:44:53 AM

Quote from: TGD on November 16, 2020, 05:06:54 PM

Did you know that King Henry VIII was a Compulsive Gambler?

Most people know Henry VIII for his six marriages, but wives weren’t his only vice. It’s hard to overlook his love of gambling. The King not only played dice and cards regularly, but he made it a habit of wagering on archery, jousting, and other sports. If you believe the historical record, the king suffered a two-year losing streak that cost him £3,250, which would be worth millions today. The King also managed to lose the bells of St. Paul Church on a roll of the dice. In order to defend his reckless wager, Henry VIII claimed the bells were worthless.

Source:
https://www.casino.co.uk/guides/top-10-gambling-facts/
https://en.m.wikipedia.org/wiki/Henry_VIII

Thankfully, those times are almost gone, when some dickhead could gamble away big money, belonging not to him but to the people of his country. I said almost, because when I see some guys from places like Kazakhstan betting large amounts in Vegas, this degenerate, Henry VIII, comes to mind. (I don't have anything against Kazakhstan in particular, I just watched 'Borat 2' recently

)

Unfortunately this keeps happening all over the world, in my country it is relatively common to have a scandal every few years of a politician that is gambling money in the casinos that does not belong to him and since for the most part they are able to get away with it they keep doing it, it's infuriating but sadly the days in which the people in power could get away with this have not passed and they are going to be with us for the foreseeable future as long as those people are not put in jail.

For centuries such people were put in jail or executed, but those measures haven't changed anything, because those who were replacing corrupt officials turned out to be not better than the bad guys. What we really need is new people, people with high moral standards, to carry out the government job.

Here's two examples, in the quotes below, which are, simultaneously, mind-blowing facts about gambling, imo.

Quote from: https://factcity.com/facts-about-gambling/

Bizarrely enough, Monaco citizens are free from having to pay any income taxes. That’s because the state uses casino profits to pay towards public services instead!

Quote from: https://factcity.com/facts-about-gambling/

Finland has a very interesting approach to gambling in general. The state controls all of the gambling and casino activities in the country. While this might sound oppressive, it is actually all done in the name of a good cause. All profits Finnish casinos and gambling operators make go directly to regional charities.

South Park

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Quote from: Betwrong on November 18, 2020, 06:44:53 AM

Quote from: TGD on November 16, 2020, 05:06:54 PM

Did you know that King Henry VIII was a Compulsive Gambler?

Most people know Henry VIII for his six marriages, but wives weren’t his only vice. It’s hard to overlook his love of gambling. The King not only played dice and cards regularly, but he made it a habit of wagering on archery, jousting, and other sports. If you believe the historical record, the king suffered a two-year losing streak that cost him £3,250, which would be worth millions today. The King also managed to lose the bells of St. Paul Church on a roll of the dice. In order to defend his reckless wager, Henry VIII claimed the bells were worthless.

Source:
https://www.casino.co.uk/guides/top-10-gambling-facts/
https://en.m.wikipedia.org/wiki/Henry_VIII

Thankfully, those times are almost gone, when some dickhead could gamble away big money, belonging not to him but to the people of his country. I said almost, because when I see some guys from places like Kazakhstan betting large amounts in Vegas, this degenerate, Henry VIII, comes to mind. (I don't have anything against Kazakhstan in particular, I just watched 'Borat 2' recently

)

Unfortunately this keeps happening all over the world, in my country it is relatively common to have a scandal every few years of a politician that is gambling money in the casinos that does not belong to him and since for the most part they are able to get away with it they keep doing it, it's infuriating but sadly the days in which the people in power could get away with this have not passed and they are going to be with us for the foreseeable future as long as those people are not put in jail.

Betwrong

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Quote from: TGD on November 26, 2020, 10:04:16 AM

The first slot machine was set in a service station

After the car mechanic Charles Fey invented the first slot machine in 1895, it was not set in a casino. What is more, this machine, called the Liberty Bell, was located far from Las Vegas. The device could be found in Charles’ car shop in San Francisco so that customers could play while waiting for their cars to be fixed. The Liberty Bell became so popular that casinos began to buy them to take on players when the table games were occupied.

Source

It was an amazing invention. Every gambling expert should know how it looked.

Fun fact: in the late 1940s, when the first slot machines were installed in Flamingo Hotel in Las Vegas, it was meant to entertain the wives and girlfriends of casino visitors. But pretty soon it became obvious that the revenue from these machines was comparable to that of the table games.

TGD

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Underground Craps Players Used to Swallow Dice

Ever wondered where the term “no dice” comes from? Well, the term originates from the early 20th century United States, when gambling was very much illegal in most states. However, just because you couldn’t legally host casino-style games, it doesn’t mean people weren’t playing them.

In fact, Craps was one of the most popular games back then. Underground games were pretty common, as gamblers attempted to hide their activity from the authorities. On the other hand, the police were continuously trying to root out these gambling rings.

To avoid incarceration during a police raid, Craps players would swallow the dice. Whether it’s bold or dangerous is up to you to decide. However, it’s evident that most people considered swallowing dice a better alternative than going to prison. Since no court could convict anyone without physical proof, the phrase “no dice — no conviction” quickly caught on.

Source

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The first slot machine was set in a service station

After the car mechanic Charles Fey invented the first slot machine in 1895, it was not set in a casino. What is more, this machine, called the Liberty Bell, was located far from Las Vegas. The device could be found in Charles’ car shop in San Francisco so that customers could play while waiting for their cars to be fixed. The Liberty Bell became so popular that casinos began to buy them to take on players when the table games were occupied.

Source

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Quote from: TGD on November 23, 2020, 10:07:57 AM

Pinball Was Banned in NYC

Did you know that pinball was regarded as a gambling machine in the city of New York, all the way until 1976? As funny as it sounds, pinball was illegal in New York until Roger Sharpe stepped in.

The pinball designer had to prove in court that pinball was, in fact, a game of skill. Instead of arguing his case, Sharpe opted for a demonstration. The court allowed him to bring an entire pinball game into the courtroom and play a game. He won the case with ease since he called out everything he was shooting for and had impeccable accuracy.

Ever since, pinball holds its rightful place among arcade games, rather than being next to Roulette and Blackjack.

Source

Reading that something like this has happened before makes me think that there were really a lot of weird things in the past.

Quote from: bitcoin31 on November 23, 2020, 06:12:00 AM

This thread is history of the gambling games, there is a lot of gambling right now and we have different favorite games.
Actually I did not know the investor and for sure most of us did not know who is investor of the gambling games because we are players they don't care who is the investors or what happening to the past to the gambling history to different countries.

What specific post you are replying about the investor thing in gambling? The thread is informative and gives trivia of what happened in the past that's related to gambling. Knowing who's investor or not in gambling, I think that's irrelevant on this thread.

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Pinball Was Banned in NYC

Did you know that pinball was regarded as a gambling machine in the city of New York, all the way until 1976? As funny as it sounds, pinball was illegal in New York until Roger Sharpe stepped in.

The pinball designer had to prove in court that pinball was, in fact, a game of skill. Instead of arguing his case, Sharpe opted for a demonstration. The court allowed him to bring an entire pinball game into the courtroom and play a game. He won the case with ease since he called out everything he was shooting for and had impeccable accuracy.

Ever since, pinball holds its rightful place among arcade games, rather than being next to Roulette and Blackjack.

Source

bitcoin31

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This thread is history of the gambling games, there is a lot of gambling right now and we have different favorite games.
Actually I did not know the investor and for sure most of us did not know who is investor of the gambling games because we are players they don't care who is the investors or what happening to the past to the gambling history to different countries.

Betwrong

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Quote from: lebregone on November 22, 2020, 04:13:15 PM

It is my first time reading these facts and I am amaze by these gambling facts as most of the details that were provided here are all new to me.

I am not aware the Catholic and Judaic priests have supported gambling in the past because it is the opposite to what is happening right now. I really love reading these facts as it really blown my mind about these information especially if all of it are genuine.

Can't say about Judaic priests, but you are wrong regarding Catholics. Look at the two quotes from the sites run by Catholics below.

Quote from: https://catholicstraightanswers.com/what-does-the-church-teach-concerning-gambling/

Gambling, whether it involves games of chance (e.g. card games), wagers or betting, or even lotteries, is not intrinsically evil (Catechism, #2404).

Quote from: https://www.catholic.com/qa/isnt-gambling-a-sin-how-can-you-catholics-justify-playing-bingo-in-church

... gambling is not in and of itself wrong. Read your Bible and you will not find gambling condemned anywhere in it.

I can assume that in some local Catholic parishes the priests can condemn gambling, but by doing so they are going against the church.

lebregone

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It is my first time reading these facts and I am amaze by these gambling facts as most of the details that were provided here are all new to me.

I am not aware the Catholic and Judaic priests have supported gambling in the past because it is the opposite to what is happening right now. I really love reading these facts as it really blown my mind about these information especially if all of it are genuine.

TGD

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Napoleon Loved Blackjack!

Speaking of the French, gamblers all over the world also owe Blackjack to them. Initially, the game was called “Vingt-et-Un.” Admittedly, the name 21 wasn’t particularly imaginative. However, the plain name didn’t stop the game from becoming extremely popular.

Various sources indicate that Napoleon himself loved playing Blackjack. Another testament to the fact that the French loved their playing cards. The famous French military leader would play the game for hours without end, especially during his exile to the island of Elba. Being the genius strategist that he was, we imagine Napoleon was quite good at Blackjack. It wouldn’t surprise us if he leveraged card counting as well. Source

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The license for the first casino in Las Vegas was given to a woman.

Not only gangsters had the upper hand in establishing the casino industry in Las Vegas. It is noteworthy that the first license was issued to Mamie Stocker in 1920 for the Northern Club. Stoker was a respectable wife and mother and often appeared on the pages of the local newspapers. She opened the casino under her name, as her husband, Harold, did not want to be associated with such a business. At that time, The Northern club offered only five games that were legitimate in Las Vegas: stud poker, draw poker, lowball poker, 500, and bridge. - Source

Betwrong

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Quote from: TGD on November 16, 2020, 05:06:54 PM

Did you know that King Henry VIII was a Compulsive Gambler?

Most people know Henry VIII for his six marriages, but wives weren’t his only vice. It’s hard to overlook his love of gambling. The King not only played dice and cards regularly, but he made it a habit of wagering on archery, jousting, and other sports. If you believe the historical record, the king suffered a two-year losing streak that cost him £3,250, which would be worth millions today. The King also managed to lose the bells of St. Paul Church on a roll of the dice. In order to defend his reckless wager, Henry VIII claimed the bells were worthless.

Source:
https://www.casino.co.uk/guides/top-10-gambling-facts/
https://en.m.wikipedia.org/wiki/Henry_VIII

Thankfully, those times are almost gone, when some dickhead could gamble away big money, belonging not to him but to the people of his country. I said almost, because when I see some guys from places like Kazakhstan betting large amounts in Vegas, this degenerate, Henry VIII, comes to mind. (I don't have anything against Kazakhstan in particular, I just watched 'Borat 2' recently

)

milewilda

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Quote from: TGD on November 16, 2020, 05:06:54 PM

Did you know that King Henry VIII was a Compulsive Gambler?

Most people know Henry VIII for his six marriages, but wives weren’t his only vice. It’s hard to overlook his love of gambling. The King not only played dice and cards regularly, but he made it a habit of wagering on archery, jousting, and other sports. If you believe the historical record, the king suffered a two-year losing streak that cost him £3,250, which would be worth millions today. The King also managed to lose the bells of St. Paul Church on a roll of the dice. In order to defend his reckless wager, Henry VIII claimed the bells were worthless.

You wouldnt really care much if you do have the power,popularity and fame where you can do all the things you do want or like or something into your mind.
To think that those 2 year losing streak wont really be that a matter of issue to him and telling those bells are worthless then its just simply a basic or generic excuse.
The difference here is that these losing events from popular people are much more enjoyable to read rather than into those average joes out there. Cheesy

TGD

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Did you know that King Henry VIII was a Compulsive Gambler?

Most people know Henry VIII for his six marriages, but wives weren’t his only vice. It’s hard to overlook his love of gambling. The King not only played dice and cards regularly, but he made it a habit of wagering on archery, jousting, and other sports. If you believe the historical record, the king suffered a two-year losing streak that cost him £3,250, which would be worth millions today. The King also managed to lose the bells of St. Paul Church on a roll of the dice. In order to defend his reckless wager, Henry VIII claimed the bells were worthless.

Source:
https://www.casino.co.uk/guides/top-10-gambling-facts/
https://en.m.wikipedia.org/wiki/Henry_VIII

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Quote from: fortunecrypto on November 15, 2020, 07:00:16 AM

Quote from: TGD on August 21, 2020, 09:46:56 AM

In the early days of FedEx, CEO Fred Smith took the company’s last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company’s $24,000 fuel bill.

I'm particularly fascinated on this one, imagine he had saved his company from closing down, I think he already given up on FeDex and just took the company's last $5000 to gamble, of course gambling is a game of luck, he did not went there to save his company, he went there to see if he can do a miracle or just want to try his luck and just enjoy because the company is in it's last money.
Imagine if he did not win $27000 we would not have FeDex,
I don't think any CEO will do what he did he and his company is just lucky to win the jackpot, it's really is for the record now we know.

Well his decision to gamble the money resulted for a good outcome because he hit the jackpot.

Its a risky move yet he still chose to gamble the money despite of no assurance to win and just counting on luck.

There are times we chose to do crazy things, hoping to make a change. He is just one lucky person to be given a chance to win.

Topic: Mind Blown Gambling Facts - page 3. (Read 4767 times)