Mind Blown Gambling Facts

[iTradeChips]

49. A British gambler sold all of his possessions, including all of his clothes, and bet $135,300 on red for a single spin of a roulette wheel in Las Vegas and won. Source

Really? That is a full risk, betting all of your money including your clothes is bad if you don't win it because you will end up nothing, I wonder how he was able to decide to bet all his money, luckily he won the roulette, he has the good confident about the betting. I don't see myself doing that thing because I am afraid to risk all of my money. I don't want to invest it without any good assurance that I can bring back my money but unfortunately, we don't have that assurance for every investment and gambling we have, all came from taking a risk.

If that really happens, I can not imagine if he loses everything he has in the gambling table. Maybe he will be going crazy and very desperate to see his losses, and there is no way back to get his losses. But his luck comes to him at the right time to win the games, so he doesn't have to lose his money.

Investment and gambling will be different. In the investment, you can get a return from what you deposit while in the gambling. If you lose your money, you will find it hard to recover your money because playing gambling will depend on luck itself.

I really cannot imagine someone with the courage as that of the British gambler. Someone has the guts to risk everything and win the game. I mean I haven't heard of anybody else who did that thing and be able to pull it off. If he lost then we do not know what will happen to that person, maybe he will gamble his way back again or possibly would committed suicide at that point. I am not a judge of his actions, just speculating. I can't do it and I won't do it because of the big risk.

[imstillthebest]

49. A British gambler sold all of his possessions, including all of his clothes, and bet $135,300 on red for a single spin of a roulette wheel in Las Vegas and won. Source

Really? That is a full risk, betting all of your money including your clothes is bad if you don't win it because you will end up nothing, I wonder how he was able to decide to bet all his money, luckily he won the roulette, he has the good confident about the betting. I don't see myself doing that thing because I am afraid to risk all of my money. I don't want to invest it without any good assurance that I can bring back my money but unfortunately, we don't have that assurance for every investment and gambling we have, all came from taking a risk.

If that really happens, I can not imagine if he loses everything he has in the gambling table. Maybe he will be going crazy and very desperate to see his losses, and there is no way back to get his losses. But his luck comes to him at the right time to win the games, so he doesn't have to lose his money.

Investment and gambling will be different. In the investment, you can get a return from what you deposit while in the gambling. If you lose your money, you will find it hard to recover your money because playing gambling will depend on luck itself.

I really cannot imagine someone with the courage as that of the British gambler. Someone has the guts to risk everything and win the game. I mean I haven't heard of anybody else who did that thing and be able to pull it off. If he lost then we do not know what will happen to that person, maybe he will gamble his way back again or possibly would committed suicide at that point. I am not a judge of his actions, just speculating. I can't do it and I won't do it because of the big risk.

im skeptical if theres a courage involved but to me , anger pushes this guy because he sold everything including his clothes .

the guy have already lost before he decided to do this. i can say that because this also happened to me before but not in an exact way where i sold my clothes and totally everything

but i feel like selling my gadgets and loaning a money to comeback betting and to recover my loss because of too much anger but im still thinking what what if i loose ? these thoughts were in my mind for hours which then made me calm down and didnt go with the plan

[Debonaire217]

I really cannot imagine someone with the courage as that of the British gambler. Someone has the guts to risk everything and win the game. I mean I haven't heard of anybody else who did that thing and be able to pull it off. If he lost then we do not know what will happen to that person, maybe he will gamble his way back again or possibly would committed suicide at that point. I am not a judge of his actions, just speculating. I can't do it and I won't do it because of the big risk.

It's a big risk but it is really worth it if they win. Perhaps, that person just felt like he will win for that day. Believe it or not, there are instances in our lives that we want to bet all in just because we felt like winning. But it depends, our luck will tell if we deserve it or not but with the proper caution, it is not advisable to bet all in. Especially if that is your last funds and you don't have any assets to take funds from to continue living. There's really a possibility that a person could commit suicide with a big loss.

My advise is to just bet with 5-10 percent maximum of our funds if we feel we are lucky for a day.

[michellee]

I really cannot imagine someone with the courage as that of the British gambler. Someone has the guts to risk everything and win the game. I mean I haven't heard of anybody else who did that thing and be able to pull it off. If he lost then we do not know what will happen to that person, maybe he will gamble his way back again or possibly would committed suicide at that point. I am not a judge of his actions, just speculating. I can't do it and I won't do it because of the big risk.

Luckily, he can win from those games, and what he risk is not a loss, even he can make big money. That is a coincidence and full of luck to win on those games. I don't want to do the same thing to risk big money in gambling games because I can not imagine what will happen to me if I lose it. The ending story is happiness to that person if he really wins so much money. It is a good lesson for us not to risk the big money if we can not afford to accept the loss.

[rodskee]

49. A British gambler sold all of his possessions, including all of his clothes, and bet $135,300 on red for a single spin of a roulette wheel in Las Vegas and won. Source

Really? That is a full risk, betting all of your money including your clothes is bad if you don't win it because you will end up nothing, I wonder how he was able to decide to bet all his money, luckily he won the roulette, he has the good confident about the betting. I don't see myself doing that thing because I am afraid to risk all of my money. I don't want to invest it without any good assurance that I can bring back my money but unfortunately, we don't have that assurance for every investment and gambling we have, all came from taking a risk.

That is the most stupid thing i ever heard,Even His Clothes?imagine how Fool it is to do such action?how can he be so sure that He will win in Single bet?

i would rather stop gambling than doing that.
Never in my entire life that i will gamble my everything even in real life because i give importance in every small thing specially when it talks in living.

[Lanatsa]

49. A British gambler sold all of his possessions, including all of his clothes, and bet $135,300 on red for a single spin of a roulette wheel in Las Vegas and won. Source

Really? That is a full risk, betting all of your money including your clothes is bad if you don't win it because you will end up nothing, I wonder how he was able to decide to bet all his money, luckily he won the roulette, he has the good confident about the betting. I don't see myself doing that thing because I am afraid to risk all of my money. I don't want to invest it without any good assurance that I can bring back my money but unfortunately, we don't have that assurance for every investment and gambling we have, all came from taking a risk.

That is the most stupid thing i ever heard,Even His Clothes?imagine how Fool it is to do such action?how can he be so sure that He will win in Single bet?

i would rather stop gambling than doing that.
Never in my entire life that i will gamble my everything even in real life because i give importance in every small thing specially when it talks in living.

People do have different minds when it comes to their decisions in life and when you are already addicted in gambling then I can say that your decision making skills or even awareness might already
had affected which would really result into these kind of actions.

Who the hell would accept for someones clothes to be included on the bet or gamble? unless if those are valuable then it might be considered but for a $200-300 outfit then it isn't really worth.

If you do end up on losing that single spin bet then you would really go home literally naked and go walking by the street.I cant imagine on how shameful it is just because
on making such very dumb and stupid decision.

[btc78]

People do have different minds when it comes to their decisions in life and when you are already addicted in gambling then I can say that your decision making skills or even awareness might already
had affected which would really result into these kind of actions.

And this is what really the addicted gamblers facing,sad and hard to believe but its true.

Their decision mostly are far different when they are still not addicted.

Who the hell would accept for someones clothes to be included on the bet or gamble? unless if those are valuable then it might be considered but for a $200-300 outfit then it isn't really worth.

Well Signature clothes are really pricey so having them can be put in auction online,and maybe those are the mentioned in this thread and not those normal clothing.

If you do end up on losing that single spin bet then you would really go home literally naked and go walking by the street.I cant imagine on how shameful it is just because
on making such very dumb and stupid decision.

He has nothing to ho home mate,because he already sold everything.

Maybe if He lose that Spin?for sure he will Hang Himself for nothing he can face the world for being that addicted.

[traderethereum]

That is the most stupid thing i ever heard,Even His Clothes?imagine how Fool it is to do such action?how can he be so sure that He will win in Single bet?

i would rather stop gambling than doing that.
Never in my entire life that i will gamble my everything even in real life because i give importance in every small thing specially when it talks in living.

I think he feels desperate with his previous bet, so he might say to himself that it is my last bet, and I want to bet with everything I have, including my clothes
And suddenly, he wins on that games.
But yes, that does not make sense if he bet even with his clothes, but we don't know his reason to do that.
We also don't know if that is a single bet or accumulating from many bets.
But I don't think that he can feel that his last bet will be his fortune to win the game, and I only think that he wins because of his luck come at the right time.
All in all, he really the luckiest person who can win on that game and get a lot of money.
But I believe that we can win in one last shot at the end of our time, and our luck comes to us.

[jademaxsuy]

I think he feels desperate with his previous bet, so he might say to himself that it is my last bet, and I want to bet with everything I have, including my clothes
And suddenly, he wins on that games.
But yes, that does not make sense if he bet even with his clothes, but we don't know his reason to do that.
We also don't know if that is a single bet or accumulating from many bets.
But I don't think that he can feel that his last bet will be his fortune to win the game, and I only think that he wins because of his luck come at the right time.
All in all, he really the luckiest person who can win on that game and get a lot of money.
But I believe that we can win in one last shot at the end of our time, and our luck comes to us.

This might could turn into different if that guy will going to lose. You know that base on the story of the gamblers that losses their mind in the gambling like betting to the extent level to which it did result on killing themselves after losing in the bet. Yes, cockfight here in our place is very common and there is a guy who no money and betting huge as it could be his final option to live life if he will going to win and to kill himself if he will going to lose. The result? He did kill himself because he could not pay the bet he raise when it was called upon. He just shoot his head and then died in the cockpit arena.

This should not be the kind of gambler we wanted to see because this kind of betting is a desperate way and it should be controlled as early as possible to find a way to remove all the stress in the hopes of winning and taking back all the money losses that has been accumulated.

[Oilacris]

That is the most stupid thing i ever heard,Even His Clothes?imagine how Fool it is to do such action?how can he be so sure that He will win in Single bet?

i would rather stop gambling than doing that.
Never in my entire life that i will gamble my everything even in real life because i give importance in every small thing specially when it talks in living.

I think he feels desperate with his previous bet, so he might say to himself that it is my last bet, and I want to bet with everything I have, including my clothes
And suddenly, he wins on that games.
But yes, that does not make sense if he bet even with his clothes, but we don't know his reason to do that.
We also don't know if that is a single bet or accumulating from many bets.
But I don't think that he can feel that his last bet will be his fortune to win the game, and I only think that he wins because of his luck come at the right time.
All in all, he really the luckiest person who can win on that game and get a lot of money.
But I believe that we can win in one last shot at the end of our time, and our luck comes to us.

Everything matters with luck when you are dealing with gambling.Good thing that he had won that spin and if not then for sure he would really be hanging on a tree due to extreme depression and stress.

To think on where he would go home if he had sold everything including his clothes? Where he would start up? unless if his loved ones will save him up but for sure it wont really be an easy situation
and lots of regrets and blame will really be taken place.

These facts stated on op does show on how possibly people do make out impossible things or we didnt really expect for them to do.

[traderethereum]

This might could turn into different if that guy will going to lose. You know that base on the story of the gamblers that losses their mind in the gambling like betting to the extent level to which it did result on killing themselves after losing in the bet. Yes, cockfight here in our place is very common and there is a guy who no money and betting huge as it could be his final option to live life if he will going to win and to kill himself if he will going to lose. The result? He did kill himself because he could not pay the bet he raise when it was called upon. He just shoot his head and then died in the cockpit arena.

This should not be the kind of gambler we wanted to see because this kind of betting is a desperate way and it should be controlled as early as possible to find a way to remove all the stress in the hopes of winning and taking back all the money losses that has been accumulated.

Although I never met the guy before he suicide, I already heard about a husband who punches his wife or his parent because of gambling.
His wife doesn't give him the money he will use to play gambling, and the games he played are card games.
His neighborhood already knows that guy is a gambler, a heavy gambler, and still gambling until his wife left him.

It is a lesson for us about how dangerously addicted gambling if he becomes a heavily addicted gambler.
We must take this as a lesson from other people always to avoid playing gambling too long.

Everything matters with luck when you are dealing with gambling.Good thing that he had won that spin and if not then for sure he would really be hanging on a tree due to extreme depression and stress.

To think on where he would go home if he had sold everything including his clothes? Where he would start up? unless if his loved ones will save him up but for sure it wont really be an easy situation
and lots of regrets and blame will really be taken place.

These facts stated on op does show on how possibly people do make out impossible things or we didnt really expect for them to do.

Yeah, that is why he is the luckiest person at that time because he really made a lot of money from gambling after he risks all of his mines.
We don't have to think about where he would go home if he had sold everything because that moment is not happening.
We never know what he will do if he loses everything, but maybe suicide will be the last thing that he will think to end everything.
I hope that he can take a lesson for what he did.
We can not deny that luck will be the important factor that we must have in gambling.

[wxa7115]

24. Monkeys can learn to use the money. Capuchins that were taught to exchange silver discs for treats began budgeting for foods they liked, buying more of something when the price dropped and started gambling. Eventually, rich monkeys even figured out they could pay each other for sex.
I had to check the source! It's crazy what happened there, and how some little monkeys evolved (of course with little help from humans). Interesting study and some interesting conclusions: "How did the capuchins react? They far preferred to take a gamble on the potential gain than the potential loss.", "it turns out that humans tend to make the same type of irrational decision at a nearly identical rate." I continued my reading at freakonomics, some interesting stuff can be found there.

I have heard about that research a long time ago and by far is one of the most astonishing things I have read, monkeys understand the concept of money and they see it in a way very similar to humans which shows that we are not so far ahead of them as we may think at first sight, that was an incredibly discovery that brings light about why people take decisions that on the surface looks as if they do not seem to make a lot of sense and yet they do them.

And that is because for the most part we are not as logical as we think we are and we use our natural instincts to take those decisions for us and in that regard we are not that different from monkeys.

[Webetcoins]

Point no. 23 is the best for me because it shows how unpredictable gambling is and people who try their hardest to win are often the losers while people who don't believe in winning from gambling can sometimes end up winning. This is actually because one who expects least gets the highest and one who expects the most usually gets nothing.

I recall a similar incident where I made a bet on a tennis game, I don't remember the players but my friend said that hey see this guy will win 100% and I bet with him like okay you are so confident then let's see and I don't even bet that much with friends and all but that bet ended up winning for me and he had to pay for the pizza we ordered. I mean I wasn't expecting to win but that's gambling for us.

[FontSeli]

Point no. 23 is the best for me because it shows how unpredictable gambling is and people who try their hardest to win are often the losers while people who don't believe in winning from gambling can sometimes end up winning. This is actually because one who expects least gets the highest and one who expects the most usually gets nothing.

I recall a similar incident where I made a bet on a tennis game, I don't remember the players but my friend said that hey see this guy will win 100% and I bet with him like okay you are so confident then let's see and I don't even bet that much with friends and all but that bet ended up winning for me and he had to pay for the pizza we ordered. I mean I wasn't expecting to win but that's gambling for us.

This means that everyone can win, both the one who is waiting for a win and constantly buys lotteries or makes bets in the casino and the person who bought a lottery ticket for the first time or made a bet in the casino for the first time.
Those people who bet all the time they want to win and get very upset when it doesn't happen. It is much harder for them to accept their loss. Those people who did not expect to win are doubly pleased when this happens. That's what I know from myself.

[TGD]

Gambling Facts of the Day

Two decades ago, 2 states had legal gambling and 48 states outlawed it. Today, 48 states have some form of legal gambling. Only Hawaii and Utah do not. - Source


It's amazing how Americans accept gambling as part of there society or maybe there main intention is to gather more tax to there residents as well as to foreign gamblers.

[carlfebz2]

Gambling Facts of the Day

Two decades ago, 2 states had legal gambling and 48 states outlawed it. Today, 48 states have some form of legal gambling. Only Hawaii and Utah do not. - Source


It's amazing how Americans accept gambling as part of there society or maybe there main intention is to gather more tax to there residents as well as to foreign gamblers.

In earlier times then they might really be seeing it just only into their negative side of things but sooner that they do able to realize that it isnt really just bad as they thought about it earlier.

For sure those change of minds had able to see on whats its usefulness when it comes to taxation.We all know on how an economy would really be benefited out in terms of tax.

Businesses like these do really generate some good amount and with percentage tax then that would really be a great help.
They can ban it but later on, there would really be some reconsideration and would revert out such decision.

[dimonstration]

Gambling Facts of the Day

Two decades ago, 2 states had legal gambling and 48 states outlawed it. Today, 48 states have some form of legal gambling. Only Hawaii and Utah do not. - Source


It's amazing how Americans accept gambling as part of there society or maybe there main intention is to gather more tax to there residents as well as to foreign gamblers.

Now they see that they can't stop gambling since many were into using it so they better accept it, monitors it and makes money from it thru taxing them than just making it illegal that they might still find ways on their own to operate so better take a advantage of gaining also from the casino that is booming before Pandemic and now thru online casinos. We will find out how long will these 2 states Hawaii and Utah can still implement not making gambling legal.

[smyslov]

Las Vegas is well-known all around as world’s gambling centre. However, today the world’s biggest gambling city is Macau, which earned in $45.3 billion in 2013. It takes one day for Macau players to wager the same amount that is wagered in a week in Las Vegas.

This one educated me and I was pleasantly surprised to know that Macau is the biggest gambling city, all along I thought it is Las Vegas because people called it and considered to be the entertainment capital of the world, and one thing very surprising here is the Macau government do not let their citizen to play in the casino although this country is making a living in gambling, there are a lot of things we don't know about gambling.

[Serious475]

• Gambling for cash is illegal in Japan. Instead, balls won from games are exchanged for prizes or tokens. These items are then exchanged for cash at a place nominally separate from the parlor. Source
  
  [/quote]
  It is to avoid ruining cash because materials using cash is very expensive. If we continue using cash and cash continues to get crashed, its life span will become shorter and government will need to create another batch of cash and it will cost a lot. It is also a good courage if we can see what we've won. Our eyes are common on seeing money but seeing different stuffs is very exciting and that is a good thing when we are doing gambling.

[qwertyup23]

Let me just add one on the list:

• Art. 95. Whatever may be lost during the marriage in any game of chance, betting, sweepstakes, or any other kind of gambling, whether permitted or prohibited by law, shall be borne by the loser and shall not be charged to the community but any winnings therefrom shall form part of the community property.

According to Article 95 of the Civil Code of the Philippines, if you lost money in gambling then you cannot charge such loss using your money in your conjugal funds BUT if you win, then the winnings will be automatically converted to your conjugal funds. Meaning, if you are married then you win money in gambling, the funds will be shared with your wife! Hahaha better keep those winnings to yourself!