828 Daftar SBOBET

1. Gamblingis the wagering of money or something of value(referred to as the stakes ) on an event with an uncertain outcome, with the primary intent of…

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  • 1. Gamblingis the wagering of money or something of value(referred to as "the stakes") on an event with an uncertain outcome, with the primary intent of winningmoney or material goods.Gambling thus requires three elements be present: consideration,risk (chance),and a prize.The outcome of the wager is often immediate, such as a singleroll of dice,a spin of a roulette wheel, or a horse crossing the finish line,butlonger time frames are also common, allowingwagers on the outcome of a future sports contest or even an entire sports season. Daftar SBOBET The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law.The two words arenot mutually exclusive;i .e., a "gaming" company offers (legal) "gambling"activities to the public and may be regulated by one of many gamingcontrol boards,for example, the Nevada Gaming Control Board. However, this distinction isnotuniversally observed in the English-speakingworld.For instance,in the United Kingdom, the regulator of gamblingactivities iscalled the GamblingCommission (not the Gaming Commission).The word gaming is used more frequently sincethe riseof computer and video games to describeactivities that do not necessarily involvewagering,especially onlinegaming,with the new usage still nothaving displaced the old usage as the primary definition in common dictionaries. Gamblingis also a major international commercial activity,with the legal gambli ngmarket totalingan estimated $335 billion in 2009.In other forms, gamblingcan be conducted with materials which have a value, but are not real money. For example, players of marbles games might wager marbles,and likewisegames of Pogs or Magic:The Gathering can be played with the collectiblegame pieces (respectively,small discsand tradingcards) as stakes,resultingin a meta-game regardingthe value of a player's collection of pieces.Gamblingdates back to the Paleolithicperiod,before written history.In Mesopotamia the earliestsix-sided dicedate to about 3000 BC. However, they were based on astragali datingback thousands of years earlier.In China,gamblinghouses were widespread in the firstmillenniumBC,and betting on fightinganimals was common.Lotto games and dominoes (precursors of Pai Gow) appeared in China as early as the 10th century. Playingcards appeared in the ninth century in China.Records trace gamblingin Japan back at leastas far as the 14th century. Poker, the most popular U.S. card game associated with gambling,derives from the Persian game As-Nas, datingback to the 17th century. The firstknown casino,the Ridotto, started operatingin 1638 in Venice, Italy. Many jurisdictions,local as well as national,either ban gamblingor heavily control itby licensingthe vendors. Such regulation generally leads to gamblingtourismand illegal gamblingin the areas where it is notallowed.The involvement of governments, through regulation and taxation,has led to a close connection between many governments and gamingorganizations,where legal gamblingprovides significantgovernment revenue, such as in Monaco or Macau, China. There is generally legislation requiringthatthe odds in gaming devices are statistically random,to prevent manufacturers from makingsome high-payoff results impossible.Sincethese high-payoffs
  • 2. have very low probability,a house bias can quiteeasily bemissed unless the odds are checked carefully. Most jurisdictionsthatallowgamblingrequireparticipants to be above a certain age. In some jurisdictions,thegamblingage differs depending on the type of gambling.For example, in many American states one must be over 21 to enter a casino,butmay buy a lottery ticket after turning18.
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