Some Crazy Fun Facts About Casinos And Gambling You Might Not Know. - page 10.

btc78

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Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

I found an amazing article online which i found to be funny, and at the same time quite educative and interesting, this are facts I personally think that the gambling community should know about, so i am sharing the same facts in this community.
So without wasting much of your time, lets dive in.

1. The Founder Of FedEx Saved The Company By Gambling In Vegas.

Here's an inspiring story for aspiring gamblers and small business owners: the founder of FedEx saved his floundering company by gambling in Vegas, earning $27,000 in blackjack! The company only had $5,000 in its coffers when Frederick Smith decided to fly to Vegas in 1973 and risk it all. Though this isn't good investment or business advice in general, Smith's gamble paid off, allowing the company to last long enough to raise $11 million and eventually earn its first profits in 1976.

Question:
which of this casinos and gambling facts do you find most funny, amazing or surprising?
Lets discuss...

I don't see this as funny story instead a stupid one , Imagine that your business funds relied in gambling? meaning if he lose them all then FedEx will be closed by then? this is something I will never love to read.
but thanks that you showed this happened in real life because for me? i would rather seek for help in other people than just gambling my company funds.

davis196

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The weirdest story for me is "inventing" the sandwich in a casino. In 1765? Were actual casinos invented in 1765?
I don't think that there were separate buildings for playing gambling games that were called by the name "casino" back in 1765.
Anyway, this list isn't informative or useful. It's just a bunch of useless facts and events that don't add anything new to my knowledge about gambling in general and the history of the gambling industry. I can't believe the story about gamblers urinating in a casino in Vegas.
The smell would be disgusting this might make many moderate gamblers to leave the casino. This is a guaranteed way to lose customers and no casino manager would allow such thing to happen.

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Quote from: KennyR on August 28, 2022, 07:37:54 PM

Quote from: samcrypto on August 28, 2022, 07:12:28 PM

Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

2. The Nevada State Prison Used to Have a Casino for Inmates.

Gambling is such a huge industry in Nevada that even the state prison had a casino inside it for 35 years. That's right: inmates could play blackjack, craps, poker, and even bet on sports inside the "Bullpen," a stone building on the prison's grounds in Carson City from 1932 to 1967. A new warden from California shut it down that year, saying gambling was a "degradation" to the inmates.

This is quiet not new honestly because there’s still illegal gambling in the Prison though having that classic casino in the prison is really not good at all. Most of the prison becomes more dangerous once they get into gambling, addiction can make things worst so it’s really not advisable to have this. I read some news before in my country about the raid in one of high inmates room, and you can really see there all the stuffs for gambling, it looks like they are protected as well. There’s a lot of shocking story about gambling, some are just really weird to know.

Maybe this can be a way to educate them and keep them under control while getting out of the prison. How come this prisoners generate revenue to gamble, and on this stand I think this is just to make them entertained and doesn't have the real money into the games. Already being into prison for a reason and this gambling could sometimes help them get out of stress. Maybe the prison could've done it with a positive approach and things are taking place against that.

Not an acceptable way to generate funds for the prison. In the past, the penitentiaries are making the prisoners work like cultivating farms and plant for thier food. We know the nature of casinos, somebody's got to lose thier money. And they'd be addicted to gambling as well, how is that prison for rehabilitation?

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You could add this to the list as well

In addition to the Monte Carlo casino, the gambler's fallacy originated from there as well. Gamblers lost millions of Francs trying to bet against black that the ball landed on 26 times in a row.

LUCKMCFLY

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Quote from: pawanjain on August 28, 2022, 12:05:42 PM

Wow, those are some really good facts on gambling. I liked the sandwich one but I wonder if it's true or not.
Also, the fifth one is great. Getting yourself excluded from a casino is not something that every casino would provide.
Ohio is doing a good thing by enabling the gambler to use this feature to overcome gambling addiction.
If every casino includes this program at their place gambling addiction could drastically decrease with a decrease in revenue as well though.

I also agree, also in my beginnings I was not a person who liked slots, because a couple of times I played and I did not like it because I told myself that I lost money very quickly, I dedicated myself to playing other things, like poker , black jack, craps, and this was my day to day, I was looking for many strategies.

Then after seeing some threads from stake.com, and from bitcasino.io, I realized that some players published their winnings and they were in slots, the truth was that they were too big gains and this motivates anyone, and that's when I started with the emotion of the slots, it is also necessary to emphasize that if the casinos had that incentive to take care of their players it would be something great, although several online casinos have that function it is good that they can continue implementing it.

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Quote from: samcrypto on August 28, 2022, 07:12:28 PM

Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

2. The Nevada State Prison Used to Have a Casino for Inmates.

Gambling is such a huge industry in Nevada that even the state prison had a casino inside it for 35 years. That's right: inmates could play blackjack, craps, poker, and even bet on sports inside the "Bullpen," a stone building on the prison's grounds in Carson City from 1932 to 1967. A new warden from California shut it down that year, saying gambling was a "degradation" to the inmates.

This is quiet not new honestly because there’s still illegal gambling in the Prison though having that classic casino in the prison is really not good at all. Most of the prison becomes more dangerous once they get into gambling, addiction can make things worst so it’s really not advisable to have this. I read some news before in my country about the raid in one of high inmates room, and you can really see there all the stuffs for gambling, it looks like they are protected as well. There’s a lot of shocking story about gambling, some are just really weird to know.

Maybe this can be a way to educate them and keep them under control while getting out of the prison. How come this prisoners generate revenue to gamble, and on this stand I think this is just to make them entertained and doesn't have the real money into the games. Already being into prison for a reason and this gambling could sometimes help them get out of stress. Maybe the prison could've done it with a positive approach and things are taking place against that.

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Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

5. You Can Voluntarily Ban Yourself from a Casino.

Online casinos does have this too and this is a good feature that they have made.

Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

2. The Nevada State Prison Used to Have a Casino for Inmates.

They'll never be called Nevada with a trademark if they don't have that. But honestly, I've been into state jail facilities and this is like a norm to them. Boredom and nothing to do for most of them and they find some activities to do and one of it is gambling.
They make hustle inside and the little money they've worked hard for is becoming their bankroll and that's the kind of living in most that I've witnessed.

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Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

2. The Nevada State Prison Used to Have a Casino for Inmates.

Gambling is such a huge industry in Nevada that even the state prison had a casino inside it for 35 years. That's right: inmates could play blackjack, craps, poker, and even bet on sports inside the "Bullpen," a stone building on the prison's grounds in Carson City from 1932 to 1967. A new warden from California shut it down that year, saying gambling was a "degradation" to the inmates.

This is quiet not new honestly because there’s still illegal gambling in the Prison though having that classic casino in the prison is really not good at all. Most of the prison becomes more dangerous once they get into gambling, addiction can make things worst so it’s really not advisable to have this. I read some news before in my country about the raid in one of high inmates room, and you can really see there all the stuffs for gambling, it looks like they are protected as well. There’s a lot of shocking story about gambling, some are just really weird to know.

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Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

1. The Founder Of FedEx Saved The Company By Gambling In Vegas.

Here's an inspiring story for aspiring gamblers and small business owners: the founder of FedEx saved his floundering company by gambling in Vegas, earning $27,000 in blackjack! The company only had $5,000 in its coffers when Frederick Smith decided to fly to Vegas in 1973 and risk it all. Though this isn't good investment or business advice in general, Smith's gamble paid off, allowing the company to last long enough to raise $11 million and eventually earn its first profits in 1976.

Should not be called an "inspiring story". Cheesy

Although I agree with you that isn't good investment advice, that's a suicide move. FedEx founder was really lucky while at the same time, skillful as playing Blackjack is not just about relying on luck. Not all will have the same experience in gambling.

I just wondered what if the event happened the other way around. Is there any Plan B on that founder's mind? Since he risks gambling, where the result is uncertain, that might be his last option to save the company.

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I've known about the FedEx being saved with the money won from a casino. This has turned to be interesting and more people see it positive. Maybe if this hasn't worked for him surely he could've found some other ways to develop his business. He is completely of entrepreneurial mindset.

Another fun fact myself have experienced, not in a real casino but while playing online. While I gamble, surely there'll be fear of losing. The same cause the urge of urination, but when we try it won't come out.

Yogee

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I already read about the FedEx when someone posted it some time ago. Self-exclusion wasn't something new to me as well. The urinating was just too funny but I'm not surprised that they wouldn't leave their seats since I learned of video gaming addicts wearing adult diapers too.

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Quote from: chaser15 on August 28, 2022, 05:38:54 PM

Quote

13. Las Vegas Is Not the Gambling Capital of the World.

This fact for me should not be considered something surprising although I will agree that some people really know only Vegas as a famous place for gambling as casinos here are even featured in some movies or being used as set-up locations.

I think most people are aware that Macau is bigger compared to Las Vegas in terms of any aspects pointing to Gambling.

Even before that I'm not a hard gambler, I'm already aware that Macau is the top when we talked about gambling.

But is this still true up to this day? Because, I know with the covid restrictions, I believe, gamblers in Macau are reduced in numbers.
So there's possibility that Vegas may surpass Macau in terms of revenue in the recent years.
But in regular situation, without any restrictions, Macau will surely be ahead of the revenue.
Because this small area, their main income comes from their casinos and other gambling establishments.
You will literally hop from one casino to another in that area, if you happen to visit that place.

edit: I got some info regarding the gaming revenue of Macau vs. Las Vegas.
And this year (Jan-May 2022) -Las Vegas ($3.2B) vs Macau ($2.9B) revenue.
So the covid lockdown in China & tightened visa restrictions were said to be one of the major influences of this revenue drop.

https://www.bloomberg.com/news/articles/2022-07-20/china-s-covid-zero-rules-dampen-macau-s-gambling-revenue

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I didn't know about that thing with sandwich. It's one of my favorite snacks and I didn't really know the history of it. I thought that it's like sort of invented by some early saylors or it is that weird? Cheesy

I guess with all of that list, I only know about the story of the FedEx owner and that's also through the forum. And that peeing through the floor, I thought that it's just for the drunkards.

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Quote

1. The Founder Of FedEx Saved The Company By Gambling In Vegas.

There are so many of these that are unrecorded with billions of people playing in casinos and thousands of casinos all over the world for me this one really caught my attention I remember we have a thread for this and many of us are not aware of it, it's very rare to hear or read a story where a top international company founded or was saved from bankruptcy through gambling out of desperation coming from the owner. if luck did not strike the FedEx owner that night we would not have a great company like FedEx.

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Quote from: dothebeats on August 28, 2022, 10:41:52 AM

The first one is nothing short of luck and right place, right time scenario. The founder of FedEx could have re-rolled that money on to his dying company but he went all in and just hoped for the best. Perhaps this is the reason why a lot of people are trying to go all in on casinos when they are extremely down on their luck. I would not recommend doing anything of that thing just to save you from your finances, but I'm pretty sure a lot of us here are having an itch to get that kind of luck like the FedEx founder.

It’s just that we don’t get the same luck just like what the founder of FedEx had. And instead of gambling what’s left on us, let’s make another profitable move that will guarantee to generate more money and not end up losing everything when we lose in gambling. I believe the founder of FedEx is also aware of the risk that he might lose everything in gambling, but maybe there’s always the right timing in every action you make.

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Quote from: dothebeats on August 28, 2022, 10:41:52 AM

The first one is nothing short of luck and right place, right time scenario. The founder of FedEx could have re-rolled that money on to his dying company but he went all in and just hoped for the best. Perhaps this is the reason why a lot of people are trying to go all in on casinos when they are extremely down on their luck. I would not recommend doing anything of that thing just to save you from your finances, but I'm pretty sure a lot of us here are having an itch to get that kind of luck like the FedEx founder.

People have a different perspective of understanding so been opportune to have such amount of money it is based on lock and the opportunity which I think it will utilize the money by using the money to support IT company that is already thank you downgrading. So some people don't like to utilize any money that come from gambling based on their own way of understanding but I think that with this such amount of money it can resurrect it's company if properly use

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Quote from: electronicash on August 28, 2022, 09:45:36 AM

urinating all over or just wear diapers lol. urinate this time in vegas, you'd be kicked out and ban for life.
but this is the worse addict. they just don't want to miss on deal, they rather not leave their chair and keep going. no intervention for these guys already.

in prison, they can bet just about anything like literally a rat race can be done but its more fun with a real casino. you'd learn casino skills when you get out. Cheesy

I would be livid if I sat in a wet seat. I cannot imagine how I would feel if I later found out that it was urine. Casinos should probably look into a different type of material for seat then cloth so that liquids run off the seat vs soak in.

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Quote from: CryptoHeadlineNews on August 28, 2022, 05:23:44 PM

Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

5. You Can Voluntarily Ban Yourself from a Casino.

If your addiction to gambling is getting out of control, several states allow you to ban yourself from casinos, making it a crime to step foot on the gaming floor. Ohio, for example, has a so-called "Voluntary Exclusion" program for gamblers looking to kick the habit that allows them to ban themselves for either a year, five years, or life. If you choose the lifetime ban you better mean it: there is no way to get your name off the list once you commit to quitting for good.

This sounds funny to me, hearing that in some states you can actually ban yourself from gambling at casinos if you have found yourself getting addicted and intend to put it on control, because I'm just wondering how were they able to make such policy effective, knowing the fact that there are many casinos in such state of which one can just enter without getting noticed. Or was each person's name and photograph publish in each of those casinos to ensure those faces aren't allow to gamble? Or how? Because it sounds interesting

AFAIK, they have an internal system that has all the necessary data to check "who is not allowed to enter the casino" but I am not sure

The addicted gambler can request a permanent ban and the authorities will take care of the process to ban gamblers.
Maybe they had improved the mechanism after 8 years Cheesy

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13. Las Vegas Is Not the Gambling Capital of the World.

This fact for me should not be considered something surprising although I will agree that some people really know only Vegas as a famous place for gambling as casinos here are even featured in some movies or being used as set-up locations.

I think most people are aware that Macau is bigger compared to Las Vegas in terms of any aspects pointing to Gambling.

Even before that I'm not a hard gambler, I'm already aware that Macau is the top when we talked about gambling.

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Quote from: Fivestar4everMVP on August 28, 2022, 09:22:52 AM

5. You Can Voluntarily Ban Yourself from a Casino.

If your addiction to gambling is getting out of control, several states allow you to ban yourself from casinos, making it a crime to step foot on the gaming floor. Ohio, for example, has a so-called "Voluntary Exclusion" program for gamblers looking to kick the habit that allows them to ban themselves for either a year, five years, or life. If you choose the lifetime ban you better mean it: there is no way to get your name off the list once you commit to quitting for good.

This sounds funny to me, hearing that in some states you can actually ban yourself from gambling at casinos if you have found yourself getting addicted and intend to put it on control, because I'm just wondering how were they able to make such policy effective, knowing the fact that there are many casinos in such state of which one can just enter without getting noticed. Or was each person's name and photograph publish in each of those casinos to ensure those faces aren't allow to gamble? Or how? Because it sounds interesting

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