Mind Blown Gambling Facts

[ecnalubma]

Thumbs up for this list, undeniably gambling plays a big role in history of mankind. Somehow there are also lighter side of gambling industry not just about gambling addiction and money, bunch of taxes collected are also coming from Casinos that helps build nations around the globe.

[TGD]

In order to pay off his gambling debts, Dostoyevsky once wagered the rights to all his past and future works, betting a publisher that he could complete a novel in 30 days.

Source: https://www.cambridge.org/core/journals/advances-in-psychiatric-treatment/article/from-the-gambler-within-dostoyevskys-the-gambler/D7ACB14B9EAD00EB8EF65512C28EADAA

The next level of gambling addiction at its finest. Do you ever experience this kind of scenario that due to gambling loss, It affects your work.

[Betwrong]

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.

I would not surprised if it is a sports betting, but this is a roulette wheel which is pure luck, I cannot do that risking everything I have in a pure luck games, and this is a very dangerous character and habit, there will always a temptation to bet everything again because if he did it once he can always do that, this is a case where you need a psychologist because betting everything you've got is never a sound decision from a normal people.

That's right, and sports betting isn't an exception. This is a very dangerous way of thinking, to imply that staking everything you have could be somehow justified when it's not a purely luck-based game. Some professional sports bettors and poker players have suffered greatly from that attitude.

~
45. Gambling sites and betting odds are better at predicting election results than polls.Source
~

Haha, this is a good one! This applies to Oscars, Grammys, Emmys, and stuff like that as well.

~
51. Iranian tennis showman Mansour Bahrami fled to France where he tried to meet the higher living costs by gambling all his savings in a casino. He lost everything on the first night. Source ^NEW!

~

Although marked NEW!, it's not. Mansour Bahrami gambled away his possessions in Nice around 30 years ago.

But overall it's a great collection of facts. Thanks, OP!

[erikoy]

In order to pay off his gambling debts, Dostoyevsky once wagered the rights to all his past and future works, betting a publisher that he could complete a novel in 30 days.

Source: https://www.cambridge.org/core/journals/advances-in-psychiatric-treatment/article/from-the-gambler-within-dostoyevskys-the-gambler/D7ACB14B9EAD00EB8EF65512C28EADAA

The next level of gambling addiction at its finest. Do you ever experience this kind of scenario that due to gambling loss, It affects your work.

LOL, that is a risky move of him. anyway I believe that he is not the only guy doing the same thing in gambling and getting addicted too. There are many actually but left unpublished. There are stories too that they were able to recover from gambling addiction to losses and then finally succeed in life. The result were always unexpected and I do believe that as long as we were alive then there is no problem with the part of lossing for in the end one can always recover from downs and losses.

[deisik]

In order to pay off his gambling debts, Dostoyevsky once wagered the rights to all his past and future works, betting a publisher that he could complete a novel in 30 days

Source: https://www.cambridge.org/core/journals/advances-in-psychiatric-treatment/article/from-the-gambler-within-dostoyevskys-the-gambler/D7ACB14B9EAD00EB8EF65512C28EADAA

He couldn't write otherwise

They say that Dostoyevsky wouldn't write unless he was in dire financial circumstances. That forced him to write. Moreover, when he received his pay, he immediately intentionally went to a casino and gambled away everything. It may look like an example which no one should follow (and no one should indeed), but there is a great deal of insight in it. We are most effective when we are, for instance, put on a deadline or under other strenuous conditions (within reasonable limits) and should exert a certain amount of effort to reach our goals

[TGD]

In order to pay off his gambling debts, Dostoyevsky once wagered the rights to all his past and future works, betting a publisher that he could complete a novel in 30 days

Source: https://www.cambridge.org/core/journals/advances-in-psychiatric-treatment/article/from-the-gambler-within-dostoyevskys-the-gambler/D7ACB14B9EAD00EB8EF65512C28EADAA

He couldn't write otherwise

They say that Dostoyevsky wouldn't write unless he was in dire financial circumstances. That forced him to write. Moreover, when he received his pay, he immediately intentionally went to a casino and gambled away everything. It may look like an example which no one should follow (and no one should indeed), but there is a great deal of insight in it. We are most effective when we are, for instance, put on a deadline or under other strenuous conditions (within reasonable limits) and should exert a certain amount of effort to reach our goals

I read this cool info after I read further about his case, He is a weird of a kind of writer because using his adrenaline rush to improve his work performance although this not new on writer nature. We all know many writer that doing crazy things just to have an inspiration. I just amaze to Dostoyevsky that choose gambling to give him a do or die situation. This just means that gambling is very dangerous that's why he choose it.

[deisik]

They say that Dostoyevsky wouldn't write unless he was in dire financial circumstances. That forced him to write. Moreover, when he received his pay, he immediately intentionally went to a casino and gambled away everything. It may look like an example which no one should follow (and no one should indeed), but there is a great deal of insight in it. We are most effective when we are, for instance, put on a deadline or under other strenuous conditions (within reasonable limits) and should exert a certain amount of effort to reach our goals

I read this cool info after I read further about his case, He is a weird of a kind of writer because using his adrenaline rush to improve his work performance although this not new on writer nature. We all know many writer that doing crazy things just to have an inspiration

This is called the writer's block

But we don't know the whole story, and it probably wasn't as grave and dangerous as it is pictured in the literature. He likely had enough regular income from sources other than writing to provide for sustenance that he couldn't waste right away. He certainly had friends and a lot of followers who could easily help him out if he was really desperate in terms of livelihood. Nikola Tesla might be one such example

[TGD]

Only Legends know this guy!  Here comes an another mind blown fact story.

Art Schlichter (former NFL QB) blew $20,000 on gambling midway through his first season, $700,000 by the end of the season, more when suspended in 1984, suspended again in 1985 for gambling, arrested for a gambling operation in 1987 then was caught gambling in jail in 2004.

Source: https://en.m.wikipedia.org/wiki/Art_Schlichter

[erikoy]

Only Legends know this guy!  Here comes an another mind blown fact story.

Art Schlichter (former NFL QB) blew $20,000 on gambling midway through his first season, $700,000 by the end of the season, more when suspended in 1984, suspended again in 1985 for gambling, arrested for a gambling operation in 1987 then was caught gambling in jail in 2004.

Source: https://en.m.wikipedia.org/wiki/Art_Schlichter

That man surely a deep gambling addict. Imagine even in prison still doing what he like the most which is gambling. I think this guy should be on the nomination for guiness book of record in gambling as die hard gambler. There are really kind of this guy that only appreciate things which we don't and that is the art in gambling. I think it is his passion already to gamble, LOL. Anyway, we have different interest and it just that this guy's interest is in gambling.

[TGD]

Because gambling is illegal in South Carolina, beach tourists have the option to pay companies to take them into international waters (outside state jurisdiction) via boat in order to gamble.

Source: https://en.wikipedia.org/wiki/Myrtle_Beach,_South_Carolina


I only see this on movie and I was surprised that there's really someone putting effort just to meet there gambling craving. The level of addiction of people that availing this service is very high.

[deisik]

I only see this on movie and I was surprised that there's really someone putting effort just to meet there gambling craving. The level of addiction of people that availing this service is very high

I could see another motive

People may just feel the drive to gamble in the international waters like making fools of the state government, albeit that government itself may be covertly promoting such a service. In other words, there can be many layers of hidden reasons why every party involved acts the way it does and which are not visible to a stranger not familiar with the whole shebang

[qwertyup23]

Hahaha this is the cutest thing I've ever read about gambling   In our country Philippines all husband and wife vowed to love each other for better, for worse, for richer, for poorer, in sickness and in health. But I know that there is also a law that separates your funds or property from your husband or wife and that law legally states that you do not have any right on your partner's property or heritage. And that agreement will be signed before the marriage.

Well according to the Family Code, the property relations of the husband and wife may either be:
(1) absolute community property (ACP); (2) conjugal partnership of gains (CPG); and (3) separation of property. Also like what you have mentioned, the marriage settlement MUST be executed prior to the marriage and it begins at the exact moment of marriage. The rule that I have mentioned belonged to ACP, in which all the properties of the spouses will be shared equally.

The main point here is- you may execute a marriage settlement before the celebration of the marriage and you may stipulate any exclusion of properties or anything for as long as it is consistent with the law and is according to good morals. So if you want to specifically exclude your gambling earnings to yourself, then put it on the marriage settlement!

[erikoy]

Well according to the Family Code, the property relations of the husband and wife may either be:
(1) absolute community property (ACP); (2) conjugal partnership of gains (CPG); and (3) separation of property. Also like what you have mentioned, the marriage settlement MUST be executed prior to the marriage and it begins at the exact moment of marriage. The rule that I have mentioned belonged to ACP, in which all the properties of the spouses will be shared equally.

The main point here is- you may execute a marriage settlement before the celebration of the marriage and you may stipulate any exclusion of properties or anything for as long as it is consistent with the law and is according to good morals. So if you want to specifically exclude your gambling earnings to yourself, then put it on the marriage settlement!

Really? Is there a gambling profit being made to gambling activities in the long run? I doubt that its not true unless a guy like having a good luck in betting will be able to get a good profit. If that's so then I guess the same rule will apply when sharing of properties and the equivalent value of it after divorce. All properties, asset and cash will be share fairly when it was accumulated the time that they were being married it is called as conjugal property own by the couple. But if the asset, property or money own by someone before he/she got married then it will not be shared because he/she owns it before the marriage and it is not a conjugal property.

[TGD]

Well according to the Family Code, the property relations of the husband and wife may either be:
(1) absolute community property (ACP); (2) conjugal partnership of gains (CPG); and (3) separation of property. Also like what you have mentioned, the marriage settlement MUST be executed prior to the marriage and it begins at the exact moment of marriage. The rule that I have mentioned belonged to ACP, in which all the properties of the spouses will be shared equally.

The main point here is- you may execute a marriage settlement before the celebration of the marriage and you may stipulate any exclusion of properties or anything for as long as it is consistent with the law and is according to good morals. So if you want to specifically exclude your gambling earnings to yourself, then put it on the marriage settlement!

Really? Is there a gambling profit being made to gambling activities in the long run? I doubt that its not true unless a guy like having a good luck in betting will be able to get a good profit. If that's so then I guess the same rule will apply when sharing of properties and the equivalent value of it after divorce. All properties, asset and cash will be share fairly when it was accumulated the time that they were being married it is called as conjugal property own by the couple. But if the asset, property or money own by someone before he/she got married then it will not be shared because he/she owns it before the marriage and it is not a conjugal property.

This argument about the conjugal property issue should be solve by signing a prenuptial agreement. If the guy knows he has an addiction or he loves gambling, He should prepare a prenuptial agreement to separate his money from gambling so that he will not be liable to his partner if he fuck up his own gambling money that declared on the prenup unless he used up all there savings money then he is worthy to pay for it.

I'm not familiar on how prenuptial agreements work on there country but I believe this might work. Anybody here has it before there wedding?

[cherryganda]

Thumbs up for this list, undeniably gambling plays a big role in history of mankind. Somehow there are also lighter side of gambling industry not just about gambling addiction and money, bunch of taxes collected are also coming from Casinos that helps build nations around the globe.

In short, all gambling business that is legit is giving a big help through the taxes they give. How about the online gambling site?
isn't almost all of the online gambling platform is not paying any taxes? Because this is what I know about this cycle of the business. 
That's why a lot of gamblers who are addicted always go in the online gambling platform sites.

[bitterguy28]

Thumbs up for this list, undeniably gambling plays a big role in history of mankind. Somehow there are also lighter side of gambling industry not just about gambling addiction and money, bunch of taxes collected are also coming from Casinos that helps build nations around the globe.

In short, all gambling business that is legit is giving a big help through the taxes they give. How about the online gambling site?

Well i think it is depend in which government we are talking and how tough their authority to seek taxes for their online operation.

isn't almost all of the online gambling platform is not paying any taxes? Because this is what I know about this cycle of the business.

Nope i think there are Online site that paying taxes because if not then their operation is illegal .
 

That's why a lot of gamblers who are addicted always go in the online gambling platform sites.

Nope that is wrong,Many gamblers like me who still loves to play in real gaming because the House will never give you high percent to win.

[fortunecrypto]

• In the early days of FedEx, CEO Fred Smith took the company’s last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company’s $24,000 fuel bill.

I'm particularly fascinated on this one, imagine he had saved his company from closing down, I think he already given up on FeDex and just took the company's last $5000 to gamble, of course gambling is a game of luck, he did not went there to save his company, he went there to see if he can do a miracle or just want to try his luck and just enjoy because the company is in it's last money.
Imagine if he did not win $27000 we would not have FeDex,
I don't think any CEO will do what he did he and his company is just lucky to win the jackpot, it's really is for the record now we know.

[Betwrong]

They say that Dostoyevsky wouldn't write unless he was in dire financial circumstances. That forced him to write. Moreover, when he received his pay, he immediately intentionally went to a casino and gambled away everything. It may look like an example which no one should follow (and no one should indeed), but there is a great deal of insight in it. We are most effective when we are, for instance, put on a deadline or under other strenuous conditions (within reasonable limits) and should exert a certain amount of effort to reach our goals

I read this cool info after I read further about his case, He is a weird of a kind of writer because using his adrenaline rush to improve his work performance although this not new on writer nature. We all know many writer that doing crazy things just to have an inspiration

This is called the writer's block

But we don't know the whole story, and it probably wasn't as grave and dangerous as it is pictured in the literature. He likely had enough regular income from sources other than writing to provide for sustenance that he couldn't waste right away. He certainly had friends and a lot of followers who could easily help him out if he was really desperate in terms of livelihood. Nikola Tesla might be one such example

That's right, you have to be Dostoevsky to afford that kind of recklessness. Definitely not not a behaviour pattern for us regular folks. I wouldn't suggest to anyone to gamble away all they have in order to improve their productivity.

[lienfaye]

• In the early days of FedEx, CEO Fred Smith took the company’s last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company’s $24,000 fuel bill.

I'm particularly fascinated on this one, imagine he had saved his company from closing down, I think he already given up on FeDex and just took the company's last $5000 to gamble, of course gambling is a game of luck, he did not went there to save his company, he went there to see if he can do a miracle or just want to try his luck and just enjoy because the company is in it's last money.
Imagine if he did not win $27000 we would not have FeDex,
I don't think any CEO will do what he did he and his company is just lucky to win the jackpot, it's really is for the record now we know.

Well his decision to gamble the money resulted for a good outcome because he hit the jackpot.

Its a risky move yet he still chose to gamble the money despite of no assurance to win and just counting on luck.

There are times we chose to do crazy things, hoping to make a change. He is just one lucky person to be given a chance to win.

[TGD]

Did you know that King Henry VIII was a Compulsive Gambler?

Most people know Henry VIII for his six marriages, but wives weren’t his only vice. It’s hard to overlook his love of gambling. The King not only played dice and cards regularly, but he made it a habit of wagering on archery, jousting, and other sports. If you believe the historical record, the king suffered a two-year losing streak that cost him £3,250, which would be worth millions today. The King also managed to lose the bells of St. Paul Church on a roll of the dice. In order to defend his reckless wager, Henry VIII claimed the bells were worthless.


Source:
https://www.casino.co.uk/guides/top-10-gambling-facts/
https://en.m.wikipedia.org/wiki/Henry_VIII