How do you gamble?

Answer 1

To gamble, a gambler usually wages money or something material values on an event with improbable outcome. Gambling, though is a game of chance, but also involves gambling skills of gambler. To win gambling from an improbable event also depends upon luck.

Answer 2

The basic principle of gambling is that an event has two or more outcomes, and each is given an estimate of how likely it is to be the real outcome of any situation. People decide which they think will occur, and money (or other goods, if you are either not serious or very serious indeed) is placed - this is a bet.

The idea is that should a person pick the correct outcome, they will receive an amount back proportional to what the put in, this proportion usuall based on the odds of that outcome. Hence while an outcome may have a great potential profit, it is not very likely to happen, and while it is more likely to happen, it has a very low profit comparatively speaking.

Most gambling games or events have a system to determine how the odds are created, or these odds might be inherent in the event itself. The event might be one-off, or repetitive; it might be a singleaction, or many actions which correspond to many different combined outcomes.

Gambling can, has and will take place regarding many events: sports games, racing, card and Board Games, basic skills competitions.. you name it, people have placed bets on it at some point.

Answer 3

Well, if they are just getting into gambling, you should try to stop them, put their mind on soemthing else, before it's too late. And if they are already addicted to it, get them addicted to something else. (wiki looks sharp. . . )

Answer 4

The boredom of every day exsistance the chance to make a great deal of money easy the thrill of the big win is like sex, the thing about sex you have to wait a while to recover where is gambling is non stop till your money runs out

Answer 5

It depends on what you mean. If you mean what's the best way to win in a casino, the answer is to play the games with the best odds. The best odds in the casino are a video Poker machine with the right payouts. Other than that, the best overall odds are generally blackjack if you play correctly. Except for the previously mentioned poker machine, the single best bet in the casino is the odds bet at craps. It's the only bet in the casino (except video poker) that pays the true correct odds.

Answer 6

Casinos make a profit by offering games of chance where the average payouts are lower than the income produced by the overall wagers. The casino win is the net dollars retained by the casino after all bets are paid. In order to get detail description visit the website billstop24. Where you will get different casino games and their reviews briefly.

Answer 7

Casino's make money by conning people as people are more likely to lose money than win.