by Jerry "Jet" Whittaker

Jan 26, 2007

Gambling General:

The gambling game has its roots in the fate and luck both. Luck plays and important role in these games. There are various types of games in this sport of gambling. Gambling does have many varied meanings, which depend on the culture and historical background that it is used in context with. Gambling basically includes wagering on some plays or games in accordance for more money to be gained from it. The gambling games are short and their results are immediate. The gambling games are legal in most parts of the United States of America and most of the other countries equally prominent. In many religions gambling is a taboo and not allowed at all. Supporting these beliefs, the governments also do the same to stop it by setting rules and banning it in many places. Some of the gambling games have been given a different outlook to make it not look as a gambling game to make it legal to certain extent. Where there is a hard and fast rule that the gambling is legally banned, people go by various other means like illegal gambling which eventually leads to crimes.

Types of gambling:

The casinos - the online ones or the conventional ones host different kinds of gambling games. These include a wide variation from table games like the backgammon, roulette, craps while there are card games which include poker, blackjack. There are various kinds of poker available. They include: Texas Hold’em, 3-card poker, 4-card poker, red dog, Caribbean poker, stud poker, Omaha hi-lo, 7-card poker, Spanish-21, pyramid poker. There are various fancy names given to games of poker like fan-tan, let it ride and sic-bo.

The play:

There are various other bets that can be used in many of the games. A player can bet against another player to judge whether a particular event takes place in the given time. The parties not only hope to earn some money from every bet but also do it to show how certain they are about their judgment. Some people gamble not to earn money but to demonstrate their skills in judgment and guessing rather than playing for money. The bet remains minimal and nominal.

Jargon:

There are places where one can place or book their bet. These places or counters are called as the Book.  The gambling scenario resembles a stock market where nothing is constant and cannot be judged directly. The only difference between gambling and stock marketing is that at least in stock markets there are certain formulas or analysis that can be used to judge the final outcome while in gambling nothing is stable.

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