Friday, 20 May 2011
Know which form of gambling is for you
*Casino games
These are gambling games usually played inside the casino. A player can win with the right tactic and optimistic mathematical probability. Here are some examples:
Poker
Poker is the most popular casino game. It is believed to have been originated from the game as nas, which is a Persian game. It uses a deck of cards for a series of betting rounds. The player with the best hand wins the pot. Poker is also regarded as a game of strategy and skill.
Online Casino
These are virtual casinos that are played on the internet. The rules are similar with actual casino games but players can either be a real or computer- generated players.
Slot machines
A betting machine that uses a coin to rotate a set of reels usually pulled by a lever. You have to get identical patterns to win.
Roulette
Roulettes were invented by Blaise Pascal, a French mathematician, in 1842. It is a simple gambling game where in you have to bet on which number a small ball will hit.
*Gambling with fixed- odds
These are certain types of game where in you have to bet on a specific outcome of a given situation. These include horse racing, baseball, motor racing, jai alai and ice hockey, among others.
*Sports betting
Even though illegal in most countries, sports betting have boomed in the gambling industry. Bets are based on a point system of sports, like baseball or football. Common sports bets are: against the spread, against odds and against a combination of spread and odds.
*Arbitrage betting
You might often see this on the web tagged as risk- free gambling. The concept is to put a bet on a particular result with varied betting groups. Being an investment procedure, it involves a bigger amount of money compared to normal gambling.
Be sure to treat gambling as a pastime, and not a source of money. When engaged in one, set a maximum spending limit. Practice gambling in moderation and dont let it interfere with your set priorities in life.