Online Game Article

Thursday, January 7, 2021

Lady Luck versus Mathematics: The Truth behind Lady Luck

In most cases, people contend that gambling is a game of chance that is why all winning bets are based on lady luck.

Most gamblers would insist that lady luck is the goddess of fate and chances of winning the game. They tend to believe that one stroke of lady luck on a players fate would definitely bring about winning streaks and endless shots of fame and fortune.

However, the concept of lady luck is basically based entirely on the fate of the person and not on the skill of the player depending on the game he or she is about to play.

No wonder why people always utter, “There goes lady luck again” to somebody who consistently wins the game.

However, the problem lies in the fact that the so-called lady luck is not always consistent from day one until day two or three.

On its entirety, the truth behind lady luck is basically dependent on the stroke of luck that falls upon the person right at that very moment.

On the other hand, mathematicians argue that they can combat lady luck into a more realistic viewpoint by using numbers instead of fate or what their stars tell them.

That is why critics of the “gaming industry” would rather call blackjack, roulettes, and other games in the casinos as part of the gaming industry and not gambling industry because they want to let the people believe that the probabilities of winning is not based on chances or some kind of lady luck but on the mathematical statistics of every move.

The Drawback behind Lady Luck

The problem with people relying on their lady luck to smile at them so as to ward off any bad luck is that the modern game tends to fall back on the superstitious beliefs of most primitive people.

Most of the losers tend to believe that they can ward off bad luck by using some techniques such as spreading some salts to ward off bad elements that bring bad luck.

Some even contend that the color of the clothes attract lady luck to come and sit with them.

The Conclusion

Consider this; some mathematicians contend that the odds of having or getting a royal flush are 1 in 649,739. This goes to show that if people will solely rely to lady luck, chances are they will definitely lose more than winning.

The bottom line: gambling is not about winning, it is entirely based on losing. The only winner is the casino owner who calls for the so-called “house advantage” and there is no lady luck to the rescue.

When Losing Really Matters

As they say, gambling is a game of chance. This means that nobody is sure when one will lose or win.

However, there is only one fact that remains. In gambling, there is bound to be a loser. In fact, most people contend that a game is not to be considered as gambling if it will not have losers. This goes to show that when people gamble, they are bound to lose than win.

Today, more and more people are getting hooked up with gambling. They see this kind of activity as an outlet of their problems, a place where to get unwind from a hard day’s work, or simply a form of recreation. What they don’t know that when somebody starts to get hooked up with gambling, chances are he or she is bound to lose great things in the end.

So, how does it feel to lose gambling? Is losing really a part of the game? There are so many questions, yet, just a few answers. This is because people are not aware of the probability of somebody’s chance in winning the game of chance.

Here are some facts about gambling and its losing characteristic:

1. If people gamble more, chances are, they will lose more.

This is one great way how to lose in gambling. People just have to continue gambling and they will continue to lose more.

2. Because gambling entails a lot of money, most people tends to think that gambling is more about winning. They just don’t realize that losing in gambling has more impact and has more probability of getting it.

3. People will never win in gambling.

Statistics show that most of the people, who play gambling, will never be able to win because of the little chances that they have.

For example, in a game of card, there are 52 cards in a deck of cards, thirteen of which are four suits. A person’s probability of drawing the card that will make them win the game is only 1 in every 52 chances, and the chance of having a perfect hand of cards is 1 in 635,013,559,599.

Other examples are the games that use dice. Normally, each dice has six sides. This goes to show that for every 6 attempts people will throw, they will get 1 chance to get the number that they want. Though, there’s only 1 in 216 if the person will be using three dice.

Indeed, gambling is really a game of chance, even if some people contend it uses skills. With gambling, people are really bound to lose.

Ranking the Best Gambling Business

There are gamblers and there ARE the gamblers. For those who cannot control their gambling addiction and those who want to delve into the business of gambling, there are some areas to turn in a profit, day or night.

Knowledge of state laws is crucial in making your choice as well as other regulatory and statutes that you need to be knowledgeable of. Remember, the law does not exclude anyone.

As in any type of business, the most crucial aspect in establishing your business is where to locate it. Location, location, location is the key. Unless you want to jumpstart the economy of a certain locality, choosing the perfect location is by far the most difficult decision to make.

Another decision you need to make requires you to evaluate which type of gambling business you would like to get into.

There are a lot of options to choose from in going into the gambling business. One can choose to establish a casino, a lottery outlet, a wagering system, bingo social halls, sweepstakes and dice games.

Casinos

Establishing a casino at the right location can make an individual (who can afford to build one on his own) or a group of individuals rich. But the initial investment is also very steep as the place needs to be at par with world class standards to be considered as the in place to be.

Lotteries

Everybody plays the lottery. Who doesn't want to get rich quick? So getting a franchise or a license to open a lottery outlet is also another way of making a fast buck.

Wagering and/or Race tracks

Some go for the higher stakes of taking a chance on the outcome of the game from a jockey or from someone else. Building a race track for horses, for dogs or for any other animal is also a lucrative business that can be looked into. Provided state laws allow these animals to be a part of the gaming industry.

Bingo

People just love to play bingo. And formalizing a bingo social hall is just the right business around that corner if your community is into it day and night. Aside from its entertainment value, most charity institutions use bingo socials to forward their causes and solicit funding for their activities.

Sweepstakes and dice games

These have fairly been in the community long before the more elaborate and higher stakes gambling activities available now. However, these do not lose their charms as they provide a high that most people just can handle in their daily lives.

Last word on any gambling business you would want to establish, know your state laws.

BEST GAMBLING EBOOKS

Gambling ebooks are dedicated to gambling fans in the internet. They offer information on different casino games, statistics, strategies and tips on how to win at all sorts of online gambling games.

If you are a gambling fanatic, then they are for you. They aim to give gamblers the secrets of gambling online as well as how to manage your funds well for an enjoyable and relaxing game.

Here are some gambling ebooks worth checking out:

*Blackjack - The Complete Strategy - This ebook contains information on mastering techniques to win the game of blackjack. It includes card counting tips, strategies, and how to manage ones’ money. It also comes with four bonuses and a one year money back guarantee.

*More Casino Gambling Made Easier, by Gayle Mitchell. This opens up accurate strategies for live poker, roulette and sportsbook. It contains the ten worse bets than can be made by a player plus a Worldwide Casino Travelogue featuring the finest and the best casinos in and around the world.

*Loophole In Sport Betting System, by Richard Koh. Has information on the loopholes in the Sport betting system that almost anybody can make a living out of.

*Casino Betting Systems, by Fawzia Awwad. It contains a lot of topics on online gambling tips such as craps, blackjack, roulette, slots, bingo, lottery and video poker contests.

* Probability Guide of Gambling, by Catalin Barboianu. This has a large collection of probability results as well as strategies, covering and discussing most part of major casino games. Also contains a whole chapter giving attention to Probability Theory basics, for anybody who is interested in probability calculus.

* Casino Gambling Made Easier, by Gayle Mitchell. Five online gambling best games: video poker, craps, blackjack, slots and baccarat with information on winning strategies. Also contains and covers roulette, wager management as well as worst bets. Top Las Vegas and Laughlin casinos. Also includes eight illustrations.

*Playing To Win . Has sixteen great casino gambling sites all in one E-Book. There are sites for Craps, Roulette, Baccarat, and other casino loved games.

*HOW TO BEAT THE CASINOS EASILY. This ebook shows one how to EASILY beat the casinos at Roulette and Craps AND strictly keep one within his gambling budget. Let this ebook show you how to make it more fun by walking away with the casino's money.

*Winning Systems. Containing almost 50 winning gambling systems, these are professionally written and studied gambling systems as well as guides that have previously been sold for large amounts of money.

*Secrets Of Ex-Blackjack Dealer Revealed. Shows how one can be a consistent winner at the game of blackjack using this forty page manual.

The Best Gambling Spots Online

Gambling has always been akin to mentioning Las Vegas in one breath. Nowhere has gambling been as lucrative and as consuming as it is in Las Vegas. Thus, no one has called Las Vegas the gambling capital without due cause.

However, the introduction of the internet has proven that traditional gaming venues are becoming passe.

Thus, here is a rundown of the best gambling spots that you could find online. A word of precaution to the buyer. . .be careful.

Feature Check

There are some features you need to check and verify before going into a website and loading your credit card information.

The website must be licensed. It also must have passed testing by government regulatory agencies. Thus, it must show and prove that it is regulated.

It must have policies against under age gambling, a code of conduct for players and for responsible gaming.

It must also assure the privacy, security and safety of the individual's use. Information needs to be encrypted to keep all client information confidential.

The games matter, thus, featured games must always be up-to-date, interactive and challenging.

Sites to Choose From

If you are into internet gambling, some of the best spots you can go to include:

* Sportsbetting.com is into the wagering system focused in online sports gaming. It has been in operation for 15 years now and one of the largest online sports gaming websites in the world.

* Sands of the Caribbean Online Casino offers a variety of casino games such as video poker, slots, black jack, roulette, and craps. It has been in operation, licensed and established since August 1997. It has won several awards since its operation began, such as the "Best Reputation" award for three consecutive years from the Gambling Online Magazine in 2001 to 2003. It has also been awarded the "Best Payout/ E-Cash Program" from the readers of the Casino Player Magazine.

* Winward Casino is another online casino leader since its operations began in 1998. What Winward Casino has that others don't is its wireless capability that individuals can play via their personal digital assistant (PDA) or cellular phones.

Payouts from these online casino gaming sites are within the range of 95 percent to 99 percent each month. The customer service is also open 24/7 to provide quality service consistently to every player.

These are just one of the few online gambling spots that anyone can check out. But remember, always be alert and look for the safety features of any site before divulging your personal information. Happy betting!