Gambling Versus Investing

In the world of gambling, one of the least asked, but most important questions is what is the difference between gambling versus investing.

Investing in real estate or the stock market is just as much of a gamble as blowing a load of cash at the poker or roulette table. Yes, in a “traditional” sense, most people would consider the stock market or real estate a sound investment. However, not going about it with smarts or going on a hunch can equal major losses and a very sad person.

With that in mind, it would be wise to know what gambling versus investing truly is and how to understand it to increase your chances of winning.

Gambling is placing money on a game of chance with random outcomes without any research backing up their choices, expecting large returns. This often ends up in big losses.

Investing on the other hand is using data that supports your gambling decision. In turn, you can expect to make small to medium gains, which will help you work towards better returns in the long run.

You can be a smarter gambler by doing the following things:

1. Knowing the game you are playing and the typical chances of winning.

2. Setting a betting limit and sticking to it like a hawk. Don’t’ sacrifice your mortgage for a night at the tables.

3. Educating yourself on the gambling techniques and relative information related to the game you are playing.

4. Keep emotions out of the game. Stick with facts and statistics.

In applying the mentality of gambling versus investing, you should avoid the following games because it is more difficult to apply mathematical strategies to them:

Slot machines

Bingo

Keno; and

Lotteries

If you want to increase your chances of gambling success by using statistics and proven data, go with

Horse racing

Roulette

Poker

Sports Betting; and

Blackjack

In conclusion, gambling versus investing is about making calculated and not “lucky” or random guesses. It is possible to bet smart. If you do, you will be surprised how much better your gambling success will become.

Happy gambling and have lots of fun,

Rachel

Gambling versus Investing

New Zealand’s Participation in Online Gambling

New Zealand and Australia are popular destinations for online casino and online gambling developers. These two countries present a market full of existing gambling fans, and online companies want to capitalize on the opportunity. Internet gambling has already become quite popular in New Zealand, but few facts are known this particular market, as the activity has yet to be fully regulated.

The Problem Gambling Foundation of New Zealand has delved into the issue, publishing a fact sheet which illustrates the popularity of online gambling in the country. According to the report, 8% to 10% of New Zealand residents take part in some form of online gambling. This includes playing casino games on the internet or via mobile phones. Television gambling is also included in the category.

Very little is known about New Zealand’s online gambling market at the moment, but some studies have revealed a bit of insight. For example, it seems that Maori individuals are more likely to gamble online as 17% of all online gamblers in the country are of that particular descent. Other studies indicate that young males of Asian descent are also likely to participate in online gambling.

The country’s current online gambling laws state that the only companies which are able to offer internet gambling services to residents are those regulated by the government. As it stands, the only two operators allowed to do so are TAB Corp and the New Zealand Lotteries Commission. It is not illegal for residents to take part in online roulette, online slots and other casino games offered by international operators, but those operators could face fines for offering their services in the country.

While New Zealand seems to have very strict guidelines about online gaming, things seem to be changing. For years, TAB Corp was the only company licensed for online gambling in the country, but the government has recently allowed the New Zealand Lotteries Commission to launch its own online gaming website. The New NZ Lotto website allows players to purchase tickets online and play other online casino games, a huge step forward for the New Zealand gambling market.

There is no word yet on whether or not the country will begin licensing foreign operators, but many residents continue to access offshore gambling websites. In an industry worth millions of dollars every year, it may be a wise choice for the New Zealand government to consider regulating all forms of online gambling activities.

Senior Gambling – Why Senior Citizens Love Gambling More Than Anything Else!

In the US gambling has become a prevalent activity. Surveys have been showing a regular increase in the number of people who are getting hooked on to gambling every year.

There are analysts who claim that according to their findings these gamblers spend more money on gambling than on any other sort of items which include video games, movie tickets, theme parks, etc. or any of these put together.

Since this time there have been a number of reports on how gambling has been penetrating into the society. There are still many studies that are going on which still do not have evidence and haven?t yet got their conclusions on senior gambling.

This sure is a problem and not a simple one. Among about 7000 seniors, a survey shows that bingo is a game that most of them go in for to have fun and get entertained at the same time.

The number of senior people has also been increasing over the years. A few years back it was only about a twenty percent and now it has been raised to about fifty percent. This only proves to show that gambling is also increases with the seniors and not only the young people of the world.

Due to the reason that many of the seniors have already got their ‘nest eggs’ you find that a huge number of them have enough money to gamble and do not find it difficult financially.

For those who want to know why senior gambling is gaining popularity today can read below a few facts which will give you an idea on it.

1. Seniors do not have much to do in their old age and gambling is one activity which is gratifying as well as lucrative at the same time.

2. Deteriorating opportunities and lack of attention for their social activities have also been a reason for the increase in number of senior gamblers. They find that gambling helps them in forgetting the hard realities that they are facing in life at least for a little while.

3. One other reason why seniors tend to gamble more than before is that they get their retirement’s funds or nest eggs and hence have enough money to waste on gambling. The more the money in their hands, more are the chances of them being able to gamble.

4. Most of the seniors do not gamble for more money. They just gamble to have fun and get some satisfaction.

5. There are also more privileges that the senior gamblers can make use of and hence it is more convenient for them to gamble and also enjoy the pleasure.

Losing At Gambling – When Losing Predominates Winning

Gambling is a game that involves a lot of luck. No one will be sure of the outcome of a gamble.

The fact that still remains is that in gamble, there always will be a loser. Many people are under the notion that a game isn’t a gamble if there are not any losers. This shows that when gambling is done by people, many people have to lose and some of them are indeed bound to win.

Nowadays, many people are hooking themselves up with gambling. Gambling is looked upon as an activity to let out their frustrations and they look upon it as a place in which they can relax themselves after a full day’s work. Many people, however, do not know that when they involve themselves in gambling, they will have to lose great things, later.

How will it feel like to lose in a gamble? Does the game indeed involve losing as a mandatory thing? Many questions like these are present; however, the answers are not available. This is because the probability that someone wins the game is very low and is unpredictable.

Some gambling facts and the characteristic losing of a gamble is as discussed:

1. If the amount of gambling done by people is more, it is sure that they will be the ones who will lose a lot more in the end.

2. Gambling is a process that involves loads of money. Hence, many people are under the notion that gambling is just a game about winning, nothing more. They fail to realise the fact that the probability of losing in a gamble is more than the probability of winning in it.

3. Some people have never won ion gambles.

The statistics indicate that among all those who gamble, very few people can win because the chance of winning is very low in it.

For instance, consider a pack of 52 cards containing four suits, each of thirteen cards. The probability that a person draws the card that can make them win is just 1/52 and the probability that the perfect card is there in the hand is 013, 653, 599, and 599.

Another very good example is the usage of dice. Each die has six sides and every 6th attempt a die is thrown, only one chance of getting the required number will be obtained. If three dice are used, then, the chance that the person will win is just 1/216.

Gambling is indeed a game that involves a lot of luck. Though people contend it, it actually uses skills of people and also, many people have to lose because of gambling.