Casino Games – Poker Intellectual Component – Part One

According to the historians’ statements and to the archaeologists’ testimonies, games have existed throughout the whole history of human society. Before we start to learn more about poker we would like to formulate the general classification of games and to identify the place of poker within its frames. Mostly classifications are relative but still we need them in order to have the general idea of any phenomenon.

Athletic games, intellectual games and gambling.

Athletic games: the idea of the game, where the final result (victory or defeat) is achieved largely at the expense of athletic qualities of the competitors.

Intellectual games: the idea of the game, where the final result (victory or defeat) is achieved largely at the expense of intellectual qualities of the competitors.

The relativity of these definitions is obvious. Athletic games (boxing, football or any other type) surely contain intellectual component. In every type of games we have to think. The majority of famous athletes today prefer to keep their personal athletic diaries where they describe in every detail all of their competition and training matters.

Standing apart from others is the third type of games: gambling and casino games.

The definition of gambling and casino games based on the idea of the game, where the final result (victory or defeat) is achieved by chance. In such kinds of games the athletic or intellectual or any others qualities of the competitors are not principal. Believe it or not but according to this classification poker belongs to the second category, intellectual games. Let’s turn to the more detailed review of the latter.

Intellectual games. Games with almost perfect information and games with inexact information.

Games with almost perfect information: the idea of the game where all the game information (the position, the players’ actions) is fully open to all participants of the game.

To tell the truth there is restricted information even in that kind of games. That is: every player has its own idea of the game action and these thoughts as a rule are unknown to others. Chess is the most striking example of intellectual games with almost perfect information.

Games with inexact information: the idea of the game, where the part of information is mutually hidden from all its participants. The information type can be different. For example in backgammon the game position and players’ actions are fully open, however, the result of future dice toss is unknown to all of participants. In turn, in poker the scope of hidden information is bigger: the unknown information is not only the future coming out of cards from a pack but also the cards of each participant because they are hidden from the rest participants of the game.

We have made this preliminary analysis in order to draw the readers’ attention to the comparison of two types of intellectual games. As an example for a game with almost perfect information we will examine chess, as this game is probably well-known to our readers. As an example of games with inexact information we will study poker.

We have found out that in both the games the final result is achieved by intellectual qualities. But the intellectual effort is just a verbal definition. What does it stand for?

Gambling Myths Vs Gambling Facts – You Heard All the Myths, Now Here Are the Facts

So what are the gambling myths and gambling facts? A myth is defined as: A popular belief or tradition that has grown up around something or someone. A fact is defined as: A piece of information projected as having objective reality. In the gambling industry there are numerous myths perceived to be facts that range from where the hot slot machines are to tips while playing table games. Here are a few:

Slot Machines

Myth – “The loosest machines are placed at the entrances”.

Fact – All machines are pre-programed to hold a certain percentage of monies played over time to ensure a profit. This is known as the house edge, AKA casino advantage. The percentages may vary from 1 to 15% depending on jurisdiction, denomination, or type.

Myth – “The slots seem to be hitting less on the weekends when it’s crowded. That’s when they tighten them up to make more money”.

Fact – First of all it’s against the law to change the hold amount. Second, the only way to “tighten” up a machine s to contact a representative from the manufacturer to come and change the computer chip, and they would also need casino control board approval. This is time consuming and expensive.

Myth – “Slot attendants know where the hot ones are. Grease their palm and they’ll lead you to the right machines”.

Fact – No one knows which ones are about to hit. Some casinos advertise banks of machines with 98 or 99% paybacks but that’s over the long term. If any slot attendant knew which ones were due to hit, their relatives would probably be playing them.

Myth – “I’ve been playing this machine for a long time and losing. When I left, another player took my seat, and he hits a jackpot on the first spin! If I played just one more spin that jackpot would be mine”!

Fact – A computer chip in the machine called the Random Number Generator, generates thousands of combinations every second. Jackpots can happen even when the machine is not in play. It’s not likely that you would have won.

Blackjack

Myth – “The novice player on my right is making all the wrong moves. He just hit a 16 against a weak dealer 5. He busts by drawing a 10, which should have been mine. I would have won with my double down 11”.

Fact – It’s true that a bad player can affect the outcome of other players hands, but they can also make decisions that result in other players winning. it evens itself out over the long term.

Myth – “I just lost 5 hands in a row. I’m due to win so I’m going to bet up to recoup my losses”.

Fact – The result of your previous hands has no bearing on the results of future hands. If you keep betting up, your money might disappear sooner.

Craps

Myth – “It’s bad luck when a stick man sends the dice to a shooter with a seven showing”.

Fact – Stick persons do not do this intentionally. Sometimes a die will flip on the felt and a seven will show. Sometimes players pre-set the dice to the number they want to hit before tossing. This only holds up the game and aggravates others. Pre-setting the dice does not affect the outcome of the roll.

Myth – “A virgin shooter is good luck”.

Fact – No person or event can cause good or bad luck. First time shooters are often remembered when they win for other players at the table, bu quickly forgotten when they lose.

These are just a few of the gambling myths that have infiltrated the industry over time. Forget the myths and know the facts to maintain a positive and winning attitude. Good Luck!

Casino Gambling – Recent Developments

The concept of casino gambling is a recent development and it is to be noted that gambling has been existing for thousands of years in different civilizations. What is the definition of gambling then? Well, it happens to be the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and / or material goods. In general, the outcome of the wager is evident within a short period.

It should be kept in mind that gambling is regarded as one of the most primitive professions of human beings (other one being prostitution) and for this reason lots of references and also evidences, regarding its dominant position in an assortment of civilizations, are found. There is no doubt that human beings, irrespective of differences of sex, class, region, are inclined to take the risks or gamble and hope to achieve victory in return. This led to the growth of gambling's popularity considerably and has been unabated so far. While people, in earlier days, used to apply coins and dices to decide on their fate, there is the presence of casino gambling nowadays.

As per researchers, casino gambling is the result of the notions of using coins and dices in the past. It is also true that casino gambling is very popular in this day and age and the popularity of the game is taking its toll for several decades now. The introduction of Internet has made casino gambling more popular and people are becoming its ardent admirers to a greater extent.

The idea of ​​online casino gambling did originate from a small island in Antigua and Barbuda in 1994 and it was the same year when the legalization of online gambling was passed in Antigua. In the history of online casino gambling Antigua and Barbuda holds an exceedingly important position since owing to it, internet gambling has moved forward to the next generation and continues to rise high up to this present date. It is worthwhile to mention Microgaming and Cryptologic, in this context. While Microgaming is the first gaming software provider that was used to power online casinos, Cryptologic is an online security software company that made the necessary steps to make online gaming safe and secure.

How is casino gambling performing now? In this respect, credit must be given to internet since its application and presence in day-to-day life has made casino gambling popular than ever before. This enables one to play the game any time and anywhere. However there are oppositions to online casino gambling as well. The foremost of them are US officials who seriously find the legalization of online gambling repugnant. But this has failed to check the rising number of admirers and now, according to records, online gambling industry is definitely on the threshold of becoming one of the biggest profitable industries in the global arena.

USA, at present, is witnessing a tremendous rise in the number of casinos and hence, lots of programs to promote online gambling like tournaments and World Series are coming to the fore. It will stay and there is hardly any doubt.

Is the Stock Market Legalized Gambling?

A lot of people think twice about getting into the stock market because they believe it is similar to gambling. We are living in hard economic times where everyone is looking for a way to make extra money and secure their financial future. Because of the high standards of living and financial pressure, some people opt for methods such as gambling in order to earn money. While some people believe investing in the stock market cannot be equated to gambling, others believe otherwise. To understand the difference between gambling and whether the stock market is a legalized form of gambling, it is vital to know what each definition involves.

It’s important to mention that both investing and gambling involve putting money into use with a hope of getting back more. The dictionary meaning of gamble is highly associated with games which has no association whatsoever with stock investing. Therefore, it is accurate to conclude that gambling is closely associated with games and entertainment but with the aim of making a better return on the initial investment. On the other hand, investing in the stock market is all about business. It’s good to mention that in some countries, gambling is outlawed and therefore, those found engaging in this practice are reprimanded by the law. On the other hand, stock investing is a business investment practice that is legal across the globe. Based on this explanation, stock investing is purely a business activity and cannot therefore be referred to as legalized gambling.

For gamblers, their ultimate aim is to reap as much money as possible after playing a game. However, for stock investors, they don’t aim for immediate profits but rather, wait until the markets become favorable to allow them make good returns. In other words, it could take months or years before you finally make good financial returns.

The purpose of engaging in gambling and the stock market is totally different. A lot of gamblers engage in this activity in order to make money for leisure activities. However, the stock market is used by investors to grow their investment in order to spend it productively. Investing in stocks is a serious affair and can therefore not be associated with any gambling techniques. Stock market investment is a long-term affair while gamblers do it for short-term excitement by putting their money at risk and hope for a chance that it will turn around their financial fortunes.

However, despite the differences, there are a few things that both gambling and stock investing share in common. To begin with, they both involve the use of money in form of an investment whose return is not known. In other words, they are associated with both the risk of time and money. The stock market shouldn’t be at any one time confused with gambling whether legal or not because the two operate differently. It is important for the difference between the two to be clearly defined to avoid sending out the wrong perceptions.

Internet Casinos – The Casinos of the Modern Era

Internet casinos are the latest trend in the gambling field where there are myriad of opportunities for casino game lovers. Today is the world of the internet where everything is available at a click of mouse and now this facility is also available for the gamblers who, due to their busy schedule, cannot play their favorite games in a land based casinos. Internet casino gambling is easy and fast and this is the reason that it has gain popularity in a short span of time throughout the world. The passion of gambling is not new in the society but the internet facility has really made it more popular in the society where the people from all over the world can play their favorite casino games whenever they like to play them according to their own convenience.Technology has changed the way we think and act and an internet casino reflects it well where you are free to play 24/7 without affecting your personal life and can also play without taking risk with our hard-earned money. Online casino is fast and reliable where you can play in a tension free manner without waiting long hours to start your play. Here at online gambling, you just need a computer and an internet connection to start playing your favorite casino games. Playing online demands no special qualification and even a novice player can easily play casino game of his/her own choice. There are many websites dedicated to online casino gaming where you can take knowledge about a particular casino game and can learn tips for a wonderful game experience.Internet casinos offer all types of casino games available in land casinos but in the much fast and reliable way, like here you can play pokies / slots, roulette, blackjack, poker, baccarat, craps and much, much more online without wasting a single minute. Internet casinos are the best means to entertain oneself from the gambling because here one can also play for free until one become confident enough to play for real money. Whether is to play online roulette or online baccarat, you can play it for free until you really feel confident to play it for real money. There are many online websites that offer online casino games but choosing a good online casino needs some groundwork. You can locate a reputed casino after going through such reviews and also can try to talk to the support personnel at the online casino through phone and could check at other websites for any reviews of the said casino.

Help From Hypnosis – How to Stop Gambling

Regardless of whether you are addicted to lottery games, the horses, or casino gambling, there is no question that gambling wastes time right along with your hard earned money. Today, there are a number of “hypnosis how to” guides that can help you get rid of your problem. You may even be surprised to learn that the same unconscious factors that cause you to gamble are very similar in nature to the ones that cause all kinds of other bad habits. Therefore, once you get rid of your gambling habit, you will be able to go on and address other issues.Interestingly enough, developing a gambling habit is built more on expectation of fulfillment than actually reaching your goal. As a result, it is more difficult to break this kind of habit than ones that have a more straightforward action/reward connection. That said, when you make use of self hypnosis “how to” guides, you can tap into your unconscious mind and create a new system to take the place of your gambling habit. While you may not even be aware this process is going on, you will wake up with less of an urge to gamble.Each year, thousands of people wind up homeless, or in divorce court because they cannot control their gambling problems. Aside from racking up debts, eventually most gamblers become ashamed of themselves, as well as develop all kinds of other psychological problems. Without a question, if you have a gambling problem, you need to do something to get rid of it. Even if conventional therapies fail, you can try buying a self hypnosis “how to” tape, CD, or book. Chances are, you will be amazed to see how easily this type of program works, as well as how much you will enjoy living your life without being chained to a lottery ticket or a horse race.

Why Online Casinos Are the Best Place for Newbies to Play

Online casinos are very fun for all players, but they can be especially enjoyable for “newbies.” Newbies are generally inexperienced gamblers, and so they often suffer huge losses. Playing in online casinos can help prevent newbies from being taken advantage of, or losing big. Online casinos are also a great way to practice for real casinos.Newbies generally have very little knowledge about many casino games. The lack of knowledge often results in tremendous gambling losses. Online casinos are a great place for newbies because many online casinos offer detailed descriptions of many different games. Some casino games may seem overly complicated, but many online casinos offer descriptions that are very easy to understand. Game instruction can sometimes start from the very basic elements and principals of the game, to the most advanced techniques for betting and winning. Additionally, other online casinos offer tips and strategies for being more successful in a game. Some sites can list common mistakes that unskilled players make. Finally, there are large communities in online casinos. Some even have chat rooms and message boards. Newbies can learn from other more experienced players, and discuss game strategies and betting.Online casinos are also great for inexperienced players because players choose the level of skill for many games. In poker games, newbies can choose to go to lower stakes tables, which often have more inexperienced players. Also, players can sometimes go to games that are specifically for new gamblers. This is a great way to learn the basics of a game without having to endure huge monetary penalties for having a lack of knowledge about the game.Real casinos are very fun, but for new players, they can be a bit overwhelming. For someone who is interested in eventually playing games in a real casino, playing in online casinos is a viable option. Reading the basics about many different games, and being able to play from your own home is a great advantage. The environment is not as high-pressure as in a regular casino, and therefore new players can focus more upon the task at hand. In terms of cards, playing online allows you to play more players from around the world. Many players have different strategies, and being exposed to as many different playing styles as possible allows newbies to be better prepared.Finally, online casinos are a great solace for inexperienced players because of a friendly environment. Playing online games with other people is a great way for new players to make many friends. Some casinos can be very cold, but because of the sheer amount of online casino members, players can meet many different types of people.Online casino gambling can be a very fun and potentially financially rewarding experience. Online casinos are a great place for newbies because many online casinos have pages with detailed explanations about every game, as well as basic strategy. In online casinos, new players can meet other players from around the world and discuss things like strategy. It’s always tough for a “newbie,” but online casinos make it easier and more fun to gamble.