Gambling vs Women ? Some stats

The passion to gamblings which recently has turned in the general hobby quite often leading sad consequences for players. The desire to grow rich, not putting to it of any efforts, consumes millions young men worldwide. Having given in to temptation of an instant prize, they forget about all - and already neither alcohol, nor women, other pleasures are not capable to tear off them from a roulette, a slot machine or a tote.

The data received by the British sociologists as a result of some researches, show, that 90 % of young men in the United Kingdom on a regular basis conclude a bet or do rates. Some people do it for the sake of interest or to try happiness. However many so addict to gamblings that the money prefer to stake instead of to spend them for a sit-round gathering with friends or appointment to the girl. And every year every possible rates take more and more strong place in their budget. The most hazardous have appeared Scots: 48 % from them constantly put on the average 40 pounds sterling.

One of the main reasons of distribution of this "epidemic" is the Internet which opens before players the broadest opportunities to spend money and often it is good to earn. The computer replaces to many modern players a roulette and a card table. The statistics shows, that annually in the Network fans of gamblings spend 5 billion pounds sterling. Most of all money - 1,65 billion pounds - are spent for a lottery, 1 billion is made with football rates, 935 million pounds is received

It is necessary to note, that slot machines do not enjoy in world such big popularity, as in Russia. But there less people plays a casino where to remain without copeck and to lose for last shirt much easier. In the West already speak about a so-called phenomenon of " extreme risk " when in hope to break a big roll people meaningly stake everything, that have. The case with 33-years Eshly Revell from London is known, which, sell all property for 76840 pounds sterling and has gone to Las Vegas to put this money on red. To it has carried: it has left a casino with a double prize and continues to play. Revell names passion culture and approves, that today it " experiences sharp rise ".

"It is possible to explain explosion of interest to a bet the spirit of rivalry inherent in men, - Fil Hilton, the editor of magazine Nuts whom carried out similar research the Great Britain speaks. - recently gamblings as are accepted, as sports or a hobby, and that people win money, does them only more attractively. Times when rates were done by gawks, have sunk into the past. And though the desire to win often leads absolutely to a boomerang effect, players prefer to not think of it." In ours time this explanation for beginners, the pro of gamblings think on another :)

Mathematical principles

One myth surrounding the world of gambling is that winning a game is based completely on luck. Most people may base their bets around this concept and hope that luck will remain on their side long enough for them to win.

But the mistake in this chain of thinking is that gambling is certainly not just about luck. In fact, simple mathematics can be applied to all gambling games and can clearly demonstrate that gambling is much more than a game of chance.

Applying Math
Simple mathematics does play a large part in all major casino games. These mathematical principles help to ensure that the gambler will always lose to the house in the long run. This is because the house has an advantage over each gambler who takes part in the game.
The house must have a slight advantage on each casino game in order to make money to keep the business operating. There would be no other way for the casino to afford to keep running without this edge.

House Percentage

Each and every casino game has what is called a house percentage. This means that theoretically for every $100 bet that a gambler places, he will lose whatever percentage the casino has as its house advantage. Having this advantage over players means the house can thrive on as little as less than a 1 percent advantage.
The casino does not need to have a huge house percentage in place in order to make money. Casinos can make large profits on 5 percent and even 3 percent house advantages. This is because once again, players will always lose to the house over a certain period of time.

Keno Example

A good example to study is the game of keno. In keno, a player has to guess which 20 numbers between one and 80 the house will pick during the game. Since the player has a one-in-four chance of winning, one would think that on a $1 winning bet, the payout would be $4. But most casinos only pay out about $3, which enables the casino to make a profit even on winning bets.

P.S. You also can check "History of combinatorial math development" and "Roulette systems"