Which Form Of Gambling Works Best For You?
What is Gambling in 2008? Well actually gambling has evolved into different forms, primarily it is a form of entertainment. Some would argue that it is a sport in itself where there is more than just a win or lose at stake, usually, but not necessarily a financial stake, the gamble could be staked on property, livestock and its not unknown for people to gamble their business or even their spouses in a game of chance.
What is the history of gambling? Gambling or betting began early in human history, certainly before the time of the bible. Gambling artefacts, like dice, had been found in countries like Egypt, China, India and Rome. It has been banned in many countries throughout time and welcomed in others; recently even in conservative USA a poll showed that the majority of American People support legalised gambling. With the advent of online gambling using the internet, anyone from anywhere has access to gambling whatever the laws of there state or country say.
Many people throughout the world treat gambling as a business and many systems exist that claim to allow you to win all the time. This of course is not true, while there are many systems that can help you make a living from online gambling, the simple fact remains that betting remains a – well a gamble actually, you are only as good as your last win. So from horse racing and sports betting to casino games, which form of gambling, will suit you best?
The number one largest form of sports betting, “The Sport of Kings” as its known attracts billions of dollars of bets every single day, with many classic horse races being household names is no getting away from the fact that horse racing is an exciting way to gamble.
These are gambling games usually played inside the casino or more often for your average Joe on an online casino. Casino games are generally based on mathematical principals that allow the casino to have a degree of certainty over seemingly random probabilities.
Poker is a card game regarded as a game of Strategy and skill, players tries to get the best possible hand from the cards being dealt to them, after buying their place at the game they can change a few cards to get a better hand, stick with those dealt or fold (stop playing that hand).
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.
A betting machine that uses a coin to rotate a set of reels usually pulled by a lever or a button, the lever lending itself to the name of “one armed bandit”. You have to get identical patterns to win such as the now famous 3 cherries.
Roulette is a simple gambling game where in you have to bet on which number a small ball will land, you can bet on a series of numbers or on the colour of the landing square.
*Fixed Odds Betting*
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. For example you can bet for Team A to beat Team B for specific odds of say 2-1, so for every 1 unit bet you have 2 returned, so $10 will get a return of $30 showing a profit of $20. Odds are set based on past and current performance and can change with betting patterns
*Arbitrage betting *
A guaranteed outcome form of gambling. For instance in a Team A versus Team B scenario there are 3 possible outcomes Team A win, lose or a tie In this case you would place bets on all 3 outcomes and the bets would each have to be large enough to cover the other options losses.
Gambling should be used as a form of entertainment only, Do not gamble more than you are happy to lose and remember gambling is addictive. Keep these rules in mind and enjoy gambling and betting sensibly.
By Willie Taylor
Interested in seeing the real time results of gambling systems under test using small banks, take a look at Willies Online Gambling Review Site and learn how people make a living from gambling.