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Topic: Some Crazy Fun Facts About Casinos And Gambling You Might Not Know. - page 3. (Read 7487 times)

legendary
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CEO's do take a big risk on their business but taking risk on playing a gambling with the stake of your company is pretty hardcore in my own opinion. Imagine that the all hardworking days you offer to your company would go down into one night session of playing gambling. I just hope that FedEx won't be on that kind of state again, It would be a hard decision for the CEO on what will he do especially that FedEx is a big company now. Will he resort into playing gambling again for the second time incase his company go into the same situation again?

I do not think that the FEDEX CEO is gambling with the stake of his company.  What he gambled is his own money and luckily he won.  He didn't sell any share of the company and gambled.  The CEO probably just wanted to take a breather after an intoxicating event on the company.  And he get what he wanted, with bonuses ..  additional cash and new motivation to solve the problem of his company.
at least you give time reading the OP? if not then I will share this part for you to understand how and what does it mean.




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.


Look at that, the company's money in the coffers in which the only fund that company has back then , so its clear that it was the company's fund in which he tries and risk to gamble.
Well, to tell the truth, what this being did was from another world, and the truth is that it is to have them well placed, I wonder now, what will happen to current businessmen if they find themselves in trouble? I think that now it is much more focused on camaraderie and they should help each other, right? because really risking everything in a casino is something very crazy, well I see it that way, maybe there are people who consider this relevant to what they were going through, but something must be clear, that with those $5k they were not going to raise absolutely nothing, a company of this caliber is currently still one of the world leaders, good for that being who did that!
full member
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CEO's do take a big risk on their business but taking risk on playing a gambling with the stake of your company is pretty hardcore in my own opinion. Imagine that the all hardworking days you offer to your company would go down into one night session of playing gambling. I just hope that FedEx won't be on that kind of state again, It would be a hard decision for the CEO on what will he do especially that FedEx is a big company now. Will he resort into playing gambling again for the second time incase his company go into the same situation again?

I do not think that the FEDEX CEO is gambling with the stake of his company.  What he gambled is his own money and luckily he won.  He didn't sell any share of the company and gambled.  The CEO probably just wanted to take a breather after an intoxicating event on the company.  And he get what he wanted, with bonuses ..  additional cash and new motivation to solve the problem of his company.
at least you give time reading the OP? if not then I will share this part for you to understand how and what does it mean.




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.


Look at that, the company's money in the coffers in which the only fund that company has back then , so its clear that it was the company's fund in which he tries and risk to gamble.
sr. member
Activity: 1372
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CEO's do take a big risk on their business but taking risk on playing a gambling with the stake of your company is pretty hardcore in my own opinion. Imagine that the all hardworking days you offer to your company would go down into one night session of playing gambling. I just hope that FedEx won't be on that kind of state again, It would be a hard decision for the CEO on what will he do especially that FedEx is a big company now. Will he resort into playing gambling again for the second time incase his company go into the same situation again?

I do not think that the FEDEX CEO is gambling with the stake of his company.  What he gambled is his own money and luckily he won.  He didn't sell any share of the company and gambled.  The CEO probably just wanted to take a breather after an intoxicating event on the company.  And he get what he wanted, with bonuses ..  additional cash and new motivation to solve the problem of his company.
hero member
Activity: 2520
Merit: 624
Of course it would have been a forgotten dream with the CEO if he didn't take to play the lucky game. I don't know how he got the courage to taste the fate of stroke of luck to hit the jackpot. My question is if he didn't get that come back, would he have given up or if he had any other artifice to build his FedEx company back ?
think everyone who has the spirit of an entrepreneur should not be discouraged before his hopes will be achieved in the future.

To this maybe he would have come back after the trouble of trying to raise money because of passion for what he loved doing. Passion is a very strong factor that will push for someone who had already seen his falling business liquidating in his eyes, then taking such a risk was I guess good portion for him.
hero member
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Of course it would have been a forgotten dream with the CEO if he didn't take to play the lucky game. I don't know how he got the courage to taste the fate of stroke of luck to hit the jackpot. My question is if he didn't get that come back, would he have given up or if he had any other artifice to build his FedEx company back ?
Under normal circumstances when a gambler bets everything including decisions from desperation but luck accompanies him until he hits the jackpot, then he focuses on using those funds to grow his company. But if you ask how it was otherwise if he lost that bet then we don't know after that but I'm sure he will come back to FedEx and he keeps trying again to raise funds from other jobs. I think everyone who has the spirit of an entrepreneur should not be discouraged before his hopes will be achieved in the future.
legendary
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It is not really difficult to imagine what would have happened to the company in the case he had lost, most likely no one would have ever heard of FedEx and instead we will have another company doing the same function, maybe not as efficiently as FedEx does it but we will have a decent replacement, but without a doubt it is way more interesting for the founder of FedEx to have saved his company by playing blackjack, and even if this is obviously something that should not be recommended or encouraged it still makes for a hell of a story.

Of course it would have been a forgotten dream with the CEO if he didn't take to play the lucky game. I don't know how he got the courage to taste the fate of stroke of luck to hit the jackpot. My question is if he didn't get that come back, would he have given up or if he had any other artifice to build his FedEx company back ?


CEO's do take a big risk on their business but taking risk on playing a gambling with the stake of your company is pretty hardcore in my own opinion. Imagine that the all hardworking days you offer to your company would go down into one night session of playing gambling. I just hope that FedEx won't be on that kind of state again, It would be a hard decision for the CEO on what will he do especially that FedEx is a big company now. Will he resort into playing gambling again for the second time incase his company go into the same situation again?
hero member
Activity: 2520
Merit: 624

It is not really difficult to imagine what would have happened to the company in the case he had lost, most likely no one would have ever heard of FedEx and instead we will have another company doing the same function, maybe not as efficiently as FedEx does it but we will have a decent replacement, but without a doubt it is way more interesting for the founder of FedEx to have saved his company by playing blackjack, and even if this is obviously something that should not be recommended or encouraged it still makes for a hell of a story.

Of course it would have been a forgotten dream with the CEO if he didn't take to play the lucky game. I don't know how he got the courage to taste the fate of stroke of luck to hit the jackpot. My question is if he didn't get that come back, would he have given up or if he had any other artifice to build his FedEx company back ?

hero member
Activity: 2912
Merit: 629
Reading about the risky adventure of the FEDEX CEO I was pushed to imagine what will have happened fo the global shipping company if the whole money the CEO gambled with was lost.

But thank goodness he made it out and that action have to change the faith of the company for life now FedEx is a global name and all thanks to the CEO who understood the place of risk in every aspect of life and was courageous enough to take the bold step and risking everything

The money won on the casino doesn't change the fate of FEDEX, it was the motivation brought by winning.  It was stated that the FEDEX CEO took the winnings and get out of the casino having a new motivations in his mind.  So it was said that he viewed the winnings as hopeful sign that things would go up from there.
It serves as his motivation to continue his business and never give up. Well, he succeed and though he once tried to take a big risk through gambling, it resulted to a positive outcome. But in reality, would you dare to do the same if you're in the position? It takes a lot of guts like what the Fedex ceo did. That's why it's interesting to know this kind of story about gambling knowing there are people who managed to change their lives for trying to play the last money they have.
legendary
Activity: 2534
Merit: 1338
Reading about the risky adventure of the FEDEX CEO I was pushed to imagine what will have happened fo the global shipping company if the whole money the CEO gambled with was lost.

But thank goodness he made it out and that action have to change the faith of the company for life now FedEx is a global name and all thanks to the CEO who understood the place of risk in every aspect of life and was courageous enough to take the bold step and risking everything
It is not really difficult to imagine what would have happened to the company in the case he had lost, most likely no one would have ever heard of FedEx and instead we will have another company doing the same function, maybe not as efficiently as FedEx does it but we will have a decent replacement, but without a doubt it is way more interesting for the founder of FedEx to have saved his company by playing blackjack, and even if this is obviously something that should not be recommended or encouraged it still makes for a hell of a story.
hero member
Activity: 1918
Merit: 564
Reading about the risky adventure of the FEDEX CEO I was pushed to imagine what will have happened fo the global shipping company if the whole money the CEO gambled with was lost.

But thank goodness he made it out and that action have to change the faith of the company for life now FedEx is a global name and all thanks to the CEO who understood the place of risk in every aspect of life and was courageous enough to take the bold step and risking everything

The money won on the casino doesn't change the fate of FEDEX, it was the motivation brought by winning.  It was stated that the FEDEX CEO took the winnings and get out of the casino having a new motivations in his mind.  So it was said that he viewed the winnings as hopeful sign that things would go up from there. [1]

Quote
The $27,000 wasn't the solution to all of their problems, but Smith viewed it as a hopeful sign that things would go up from there. He used the money as motivation to obtain more funding, and eventually raised another $11 million.



[1] https://www.businessinsider.com/fedex-saved-from-bankruptcy-with-blackjack-winnings-2014-7
sr. member
Activity: 672
Merit: 273
Reading about the risky adventure of the FEDEX CEO I was pushed to imagine what will have happened fo the global shipping company if the whole money the CEO gambled with was lost.

But thank goodness he made it out and that action have to change the faith of the company for life now FedEx is a global name and all thanks to the CEO who understood the place of risk in every aspect of life and was courageous enough to take the bold step and risking everything
hero member
Activity: 2730
Merit: 632
Awesome share op. Didn't know about majority of these facts. The best one among them was the one about Macau being the gambling capital of the world since I always thought that it was Vegas.

I've been to Vegas which was crazy hot(Even during the night) and observed how most gamblers only cared about slots. I can easily remember the slot machine sounds very clearly.
Some .any interesting gambling facts are so available on the internet if you want to see more of all these facts. I just need to go through them several times because it worth reading multiple times. A lots of crazy things are happening in the gambling world and we should not be oblivion of them.
This post is really a good one and if we take our time to go search on the net for more, we will be very surprised to see so many interesting facts in gambling that will make us see the gambling world differently from the market we have been seeing it.
Not only on gambling but also in other industries as well on which there are really things which havent been known fully but its true that whenever you do make out some in depth research then you would
eventually find lots of things which we didnt able to expect that it did really happen thats why we shouldnt really be surprised but the facts stated on OP are indeed shocking ones.We didnt even expect
that it did really happen considering that gambling is just an entertainment but peoples actions are really something that is unbelievable that it could really happen nor someone could able to do it
due to gambling addiction or any other things related to it which majority of us i do believe doesnt really even know about it.
sr. member
Activity: 1680
Merit: 278
Awesome share op. Didn't know about majority of these facts. The best one among them was the one about Macau being the gambling capital of the world since I always thought that it was Vegas.

I've been to Vegas which was crazy hot(Even during the night) and observed how most gamblers only cared about slots. I can easily remember the slot machine sounds very clearly.
Some .any interesting gambling facts are so available on the internet if you want to see more of all these facts. I just need to go through them several times because it worth reading multiple times. A lots of crazy things are happening in the gambling world and we should not be oblivion of them.
This post is really a good one and if we take our time to go search on the net for more, we will be very surprised to see so many interesting facts in gambling that will make us see the gambling world differently from the market we have been seeing it.
hero member
Activity: 2828
Merit: 611
Women do know when to steal the show, on the given link by @OP I read that the first legal Casino license is issued to a woman.  I was like wth, gambling is dominated by males during those times let alone by mobsters and gangsters.  So I was surprised when the first legal Casino is established by a woman named Mayme Stocker in 1920 for the Northern Club.  She was a wife and a mother, but her husband does not support her so she pushed its legality and opened the Casino herself.[1]
It's interesting not only on the casino/business part but also on the part where he work her way up all by herself or without the help of his husband but I think her inspiration of doing it is her kids. She knows that she needs to earn money to support them. I think she also started the in dependency of women that they can also do what usually men can do and they can stand on their own. That's a great mentality though.

The woman on the story did only started a business and she isn't the one that plays gambling. It was still men who are more prone to gambling that time while women do also have their own way to entertain themselves.
hero member
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Nothing lasts forever
Women do know when to steal the show, on the given link by @OP I read that the first legal Casino license is issued to a woman.  I was like wth, gambling is dominated by males during those times let alone by mobsters and gangsters.  So I was surprised when the first legal Casino is established by a woman named Mayme Stocker in 1920 for the Northern Club.  She was a wife and a mother, but her husband does not support her so she pushed its legality and opened the Casino herself.[1]



[1] https://www.ranker.com/list/casino-facts-and-statistics/kellen-perry


I am surprised with that fact. I never knew that the first casino was opened by a woman.
This thread is turning out to be an eye opener for many people who gamble.
It's a pity that her husband didn't support her but I guess she would have made an incredible income by opening a casino.
sr. member
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4. Some Gambling Addicts Pee All Over the Gaming Floor.



        Some gamblers simply take things too far: addiction counselors say that some problem gamblers are so impaired by their addiction that they simply urinate all over themselves or wear adult diapers rather than step away from the table or slot machine. For instance, in Indiana in 2007, a gambler filed a complaint with the state's Gaming Commission after he sat in a pee-soaked chair at a slot machine. And in 2015, a New Jersey man urinated into a slot machine's coin slot rather than leave the gaming floor.




can't understand this, they are willing to use diapers so they don't miss round after round in the game, but in my mind what if it's not just peeing, if peeing can still be tolerated if more than peeing
hero member
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can't understand this, they are willing to use diapers so they don't miss round after round in the game, but in my mind what if it's not just peeing, if peeing can still be tolerated if more than peeing
I think it's pooing instead of peeing? And if so I think diapers could stand that at most once afaik. It's honestly kind of a disgusting behavior imo, it'd be understandable if it was a disability of sorts but if it was because one was well, willing (excluding under the influence of drunkness or something similar) then it just feels, odd or weird. Pretty sure casinos have restrooms in their place, and having that mentality of ignoring going to the restroom and instead releasing it as it is kind of marks the gambler as a problematic one, I'd really really get help then. Heck as a casino owner I'd probably send the person to the hospital myself if possible.
sr. member
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Women do know when to steal the show, on the given link by @OP I read that the first legal Casino license is issued to a woman.  I was like wth, gambling is dominated by males during those times let alone by mobsters and gangsters.  So I was surprised when the first legal Casino is established by a woman named Mayme Stocker in 1920 for the Northern Club.  She was a wife and a mother, but her husband does not support her so she pushed its legality and opened the Casino herself.[1]



[1] https://www.ranker.com/list/casino-facts-and-statistics/kellen-perry

Most of the world undiscovered and limitedly discovered facts that have great historic story behind it are champion by women, ever since time immemorial, women have being actively involved in all aspect of life and discovery even though women are seen as weaker vessels they're still making a significant impact similar they male counterparts.

I read some amazing discoveries some time ago that women were among the first to either drive a car or own a car in many countries around the world.
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It happens most of the time in prison just to divert their mind from thinking about how long they will stay in jail and make themselves feel like just living outside and in normal life. They might be addicted but at least, they can never overspend money, unlike if you are outside and even it becomes a reason for falling into huge debts.
But those things that have mentioned OP, I'd say it was not really a piece of luck, they have given an opportunity and reason for their winnings. It sometimes happens but yes, it was too surprising even those who win can't even think about it.
They will make life in prison like a normal life outside of prison and maybe they play gambling to fill their spare time. Maybe they can get into debt when they play gambling because we know, what can be used as a bet, even though it will be limited unlike when they are out of prison. We don't know if they will get addicted or not but hopefully they won't because it will cause problems for them when they get out of jail.

Maybe it was because of the luck that came just in time to them that they were able to win. But there may also be others who have followed their lead by taking the risk of gambling but unfortunately, they lost everything in no time.
hero member
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4. Some Gambling Addicts Pee All Over the Gaming Floor.



        Some gamblers simply take things too far: addiction counselors say that some problem gamblers are so impaired by their addiction that they simply urinate all over themselves or wear adult diapers rather than step away from the table or slot machine. For instance, in Indiana in 2007, a gambler filed a complaint with the state's Gaming Commission after he sat in a pee-soaked chair at a slot machine. And in 2015, a New Jersey man urinated into a slot machine's coin slot rather than leave the gaming floor.




can't understand this, they are willing to use diapers so they don't miss round after round in the game, but in my mind what if it's not just peeing, if peeing can still be tolerated if more than peeing

By "more than peeing" I want to believe you mean pooing...

It is easier to hold pooing than it is to hold peeing, Infact, you can't hold peeing, once it time to pee, you either go out and pee or you will end up peeing in yourself.
I personally can hold poo for a whole day plus, but that is not possible with pee,
So I believe this should explain to you why some gamblers wear diapers for pee, and not care about poo.

This is actually funny  Grin but that's the reality, in the early days of time past, those calibre of gamblers are somewhat going an extreme way in their gambling and they can't but just express their feelings in display even in a nasty way, now things have gone the advance way with gambling and now a rare case to having this kind of experience except being drunk, a funny show will start tobhave a long finishing end.
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