Tabcorp’s Gambling Plans Slammed

AUSTRALIA As reported by the Sydney Morning Herald: “The NSW arm of the Australian Hotels’ Association has slammed Tabcorp’s push to turn pubs into ‘giant gambling barns’, with hotels failing to up the ante set to lose their TAB outlets or have commission rates substantially reduced.

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Fri, November 25th, 2005

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Interesting gambling facts:

  • Horse racing is the best known and widespread parimutuel betting event. Horse racing is the only form of partimutuel wagering legal in California.
  • Baccara (Italian) or baccarat (French) both translate to "zero" in English. The importance of this name is found in the tens and face cards, both sharing the zero value.
  • In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).
  • If you have even seen a Baccarat player bend the cards and make a fold in them, don't be surprised. This is common because once the decks in the card shoe are finished in Baccarat, they are usually thrown away. In Baccarat, do not bet on a tie hand.