Individual-stock buyers betting against the odds
Forgive the sports analogy, but investing in individual stocks is somewhat akin to an average personplaying a game of professional football. “The odds are against you; expect to get bruised,” said George Paquin, a fee-only financial planner in Chelmsford, Mass.
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Gambling casinos history:
- The casino at Spa, a Belgian resort town noted for its mineral baths, was built by the Prince Bishop of the province of Liege in 1763.
- Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
- Dog racing (a race among greyhounds who chase after a mechanical rabbit) operates in 17 states. Jai-alai (a game similar to handball) is legal in just three: Connecticut, Florida, and Rhode Island.
- The first World Series of Poker was held in downtown Las Vegas at the Horseshoe Casino back in 1970. Then owner of the Horseshoe Jack Binion, hosted the very first one and has agreed to host upcoming World Series of Poker Tournament Circuit. Jack Binion said that is purely honorary and plans on doing other types deals and events in the future.
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