Gambling With Your Life

Submitted by Chris Nettleton on February 4, 2007 - 9:35pm. Last year, gamblers bet nearly 95 million dollars on the Super Bowl.
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Sun, February 4th, 2007

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Do you know that:

  • Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
  • 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.
  • Lotteries were brought to America in the 1800s by the thousands of Chinese immigrants who worked in the mines and on the railroads.
  • Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.