USA Huge Favorites in Olympic Basketball

The Olympic Games remain one of the most popular events on the global stage and the 2008 Games will certainly follow suit. While the Olympics may be an even…

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Fri, July 25th, 2008

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Gambling history facts:

  • Lotteries, along with their close derivative bingo, are the most popular kinds of gambling. The popularity of lottery games is not limited to state-run lotteries. Indian tribes run lotteries and illegal lotteries still exist.
  • 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.
  • 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.
  • The most popular forms of illegal games are "numbers", which is essentially a lottery, and betting with bookies, typically sports betting.