Gambling on futures
AS North Queenslanders celebrate the end of another year it is perhaps timely to remember those among us who are now coming to grips with the reality of having spent too much at Christmas or those who have simply spent too much all year on gambling.
Related Gambling News:
- U.S. stock futures up on rebound hopes, M&A activity
- Vegas Watch: Digging into MLB futures bets
- Finding Value With NFL Futures
- Lawmakers get gaming boost
- Finding Value With College Football Futures
- How will your firm survive the future?
- Gambling questions irk Stern
- A look at MLB Baseball Future Bets
- Pension, gambling questions for Stern
- Poker can be a bad deal
- In-Depth: Teen Poker
- London midday: Top stocks move forward
Interesting gambling information:
- In 1911, the state of California ruled that "draw" poker was a skill, and thus could not be banned under existing anti-gambling laws. However, "Stud" poker was still considered illegal at the time.
- Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
- The major differences between regular poker and video poker is that you are playing against a machine rather than real people, and your goal is to achieve particular hands rather than beat opponents hands.
- The introduction of the single zero wheel (with better odds for the player) resulted in the demise of the double zero wheels in Europe and has become known as the "French Wheel" in roulette history.
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