Archives June 2022

An Overview

Gambling nowadays is not related to a mere recreation activity albeit it has now taken a new direction into business and industry. For some it’s a pleasure activity and for the others it is a lucrative business. Although gambling is not at all a new sport which has emerged in this century, it has been a favorite of our ancestors and the historians date back the involvement into this activity to prehistoric times. It has been factually proved that even the early caveman was a gambler.

Gambling to a layman would mean sport involving money and an easy way to multiply the same. Although being a part f this sport means staking of one thing or the other. History has witnessed several incidents where not only wealth and material objects were a part of this game but also one’s own identity or the ownership of a family member was staked.

Gambling activity in this century has taken a two dimensional outlook. With high paced lives and scarcity of time for almost everything, even recreation activities are time bound. To this new age life, Internet comfortably snuggles in and creates a position of its own, thus giving room to Online Gambling. As compared to traditional gambling practices where one has to be physically available in the arena of casino, online gambling gives us the comfort of gambling in the privacy of our homes or café.

To further elaborate on both the categories of gambling lets have a closer look into the basic features of both. Traditional gambling basically has three types of games involved namely the table games, random games and gaming machines. Almost all the categories in traditional gambling requires parting with physical cash and getting them converted into chips which are of various denominations and are then further used in the game. The only division of game which does not require conversion of cash into chips is that of slot machines. Here the gambler has to place a quarter into the slot machine and pull on the lever. There are still some games where cash is deposited, but that is mainly confined to games which involve huge jackpots. Generally in such games the basic deposit only sums up to a huge amounts.

Online gambling, on the other hand, is a relatively comfortable way of enjoying the game. Needless to say the reason for its manifold popularity goes to the time factor and the availability of pleasure at the click of a button. Moreover, in order to attract more and more people into online gambling the owners make their sites tempting by offering various payback schemes and added advantages to its members. All sorts of games can be selected by just logging on the website. Basically the games available in this form of gambling can be broadly divided into two categories, one in which a particular software needs to be downloaded and the other which can be played without it as well.

Comparative Analysis of Traditional Gambling and Online Gambling

Although online gambling is gaining momentum, บาคาร่า traditional gambling is still the undisputed leader in the business. There are pros and cons in both forms of gambling and it depends upon the personal liking of each gambler as to which form suits his or her requirement.

In traditional gambling where one can find the adrenaline rising and pressure on one’s nerves, the same is a miss in online gambling to some extent. The pleasure of winning and celebrating can be only enjoyed in the traditional gambling. The drive behind playing it again and again lies in winning and celebrating, thus giving instant boost in business of the casino owners. Winning of one motivates thousands others to remain in the game. Thus if we see the involvement, pleasure and financial aspect of gambling, no doubt traditional gambling would take a lead into it.

Online gambling, on the other hand, suits one and all to the extent of people residing in remote areas where availability of an actual casino is a miss. All it requires is a basic internet connection and you are into the pleasure of the sport. It gives you the leverage of time and space. Another advantage of online gambling can be that one can enjoy huge payouts and bonuses, but along with it the companies keep a catch of not paying the entire earned amount in order to make the gambler play for long. The reason for making a player gamble for longer durations is that generally the longer you play the chances of you losing increase, thereby making the casino owners reap higher profit margins.

In terms of  business traditional gambling is favorable to the casino owners. They have all the tools and tactics available to make a gambler play and stay for long which in turn means that the odds increase in the favour of casino owners. But for a gambler, traditional form of gambling may be of loss at times as the earnings are lesser than the actual amount earned. Generally the payouts are in terms of  5 or 6  times the actual amount put at stake but the casinos pay out lesser and so results in visible loss.

Conclusion

Gambling in the eyes of gambler has its own dimensions which cannot be gauged by the critics. Form of gambling may have difference of opinions but the ultimate pleasure of sport cannot be undermined in either form of gambling.

On the other hand gambling as a line of business may mean totally different to the casino owners. They would have an altogether different stream of thoughts to analyze บาคาร่าออนไลน์ the two forms of gambling.

To sum up, both the forms of gambling have their own set of advantages and disadvantages and none of it can be said to be perfect. It totally depends upon the individual to choose from the options available which can satiate his or her desire.

There are a lot of different games that you can take your pick from out in the casino today. However, one of the games that you are most likely going to enjoy and enjoy being a part of would probably have to be video poker. This is one of those games that people enjoy taking part in, simply because it is so easy to learn but yet extremely hard to master. To raise the entertainment and thrill factor all the more, we now have the option of video poker. Once you get familiar with this, you are guaranteed to like this concept.

Higher payout rate

One of the things about video poker is that its rate of payout is quite high, compared to traditional poker played in a casino. In fact, you might be amazed at just how good the game can be, if you play the right hands. Hence, this is perhaps reason why people like to take part in it. In fact, the payout rate is so good that people tend to compare it to the pay that is provided by traditional slots. A common misconception is that slots tend to pay more. This is not true, and if you look closely, you will find that poker actually has a very decent payout.

More competition

With video poker, there is a lot of different competition that you can take your pick from. This, in essence, is reason why people would like to give it a shot and try it out. Hence, when you are going in for this form of poker, you can decide pretty much as to who you are going to be playing with. This, in essence, is reason why it is considered to be such a wildly popular game. You can try to search for competitors in traditional poker that are at your level, but it can be quite challenging.

Multiple stakes

If you are a high roller, you can find the right game to go and join. Similarly, if you like to play it safe and not dish out a lot of money, you can go ahead and join a game that will provide you such a benefit. Hence, the stakes are customizable as well and you can take your pick from a lot of different options. Ultimately, depending on what you would like the most, you can go ahead and stick with that for enjoying the game.

One of the casino games that is enjoyed live and on the Internet all over the world is Roulette. You may have seen the game with its long numbered table and spinning wheel and wondered if you would like to get in on the action. If you do, you should be aware that to generate interest in roulette, the European game has undergone some changes.

In Traditional European Roulette, there is a field of 36 numbers, 18 red and 18 black, as well as a Zero. You can bet an individual number, two numbers, three numbers, four numbers, five numbers, six numbers, or twelve numbers with a single bet (you can bet as many numbers as you like with multiple bets). You can also bet whether the first half of the numbers will hit or the second half, whether the number will be odd or even, red or black, whether it will come in the first, second or third part of the board, or whether it will come in the first, second, or third column..

To generate interest, some casinos have instituted one of two rules which had fallen out of favor and can be to the player’s advantage to know about and utilize. Tables with these rules are often called “French Roulette” tables and have a special layout with bets labeled in French. In this form of Roulette, the player may have the option of “La Partage.” La Partage applies only to even money bets, such as Odd vs Even, Red vs Black, or 1-18 vs 19-36. If the spin comes up Zero, which would normally be a loss for these bets, La Partage allows you to take half of your bet back. This is similar to the “Surrender” option once offered in Blackjack, although in this case, since there is a clear loss, you would always take La Partage.

A more interesting rule that can save you money is the “En Prison” rule. In this variation, when your even money bet lands on Zero, you have the option either to surrender half your bet as in La Partage, or let your bet ride, keeping it “in prison” for another spin. If you make your wager this time, you get your full bet returned to you. If not, you lose your entire bet. Clearly En Prison is a more favorable rule, since it affords you the chance to try to keep your entire bet, if you so choose, but your casino will not always offer this option.

When should you play French Roulette as opposed to the Traditional European version? Always! The La Partage and En Prison rules considerably reduce the house’s edge against you, which should be your main concern when playing any casino game against the house. With the wide variety of casinos on the Internet, you should always find and take advantage of the ones that provide the most favorable rules for your game of choice. Do your research and you will be rewarded with a more fun and hopefully more profitable experience.

One of the more cynical reasons investors give for avoiding the stock market is to liken it to a casino. “It’s just a big gambling game,” some say. “The whole thing is rigged.” There may be just enough truth in those statements to convince a few people who haven’t taken the time to study it further.

As a result, they invest in bonds (which can be much riskier than they presume, with far little chance for outsize rewards) or they stay in cash. The results for their bottom lines are often disastrous. Here’s why they’re wrong:

1) Yes, there’s an element of gambling, but-
Imagine a casino where the long-term odds are rigged in your favor instead of against you. Imagine, too, that all the games are like black jack rather than slot machines, in that you can use what you know (you’re an experienced player) and the current circumstances (you’ve been watching the cards) to improve your odds. Now you have a more reasonable approximation of the stock market.

Many people will find that hard to believe. The stock market has gone virtually nowhere for 10 years, they complain. My Uncle Joe lost a fortune in the market, they point out. While the market occasionally dives and may even perform poorly for extended periods of time, the history of the markets tells a different story.

Over the long haul (and yes, it’s occasionally a very long haul), stocks are the only asset class that has consistently beaten inflation. The reason is obvious: over time, good companies grow and make money; they can pass those profits on to their shareholders in the form of dividends and provide additional gains from higher stock prices.

2) The individual investor is sometimes the victim of unfair practices, but he or she also has some surprising advantages.
No matter how many rules and regulations are passed, it will never be possible to entirely eliminate insider trading, dubious accounting, and other illegal practices that victimize the uninformed. Often, however, paying careful attention to financial statements will disclose hidden problems. Moreover, good companies don’t have to engage in fraud-they’re too busy making real profits.

Individual investors have a huge advantage over mutual fund managers and institutional investors, in that they can invest in small and even MicroCap companies the big kahunas couldn’t touch without violating SEC or corporate rules.

While these smaller companies are often riskier, they can also be the source of the biggest rewards.

3) It is the only game in town.
Outside of investing in commodities futures or trading currency, which are best left to the pros, the stock market is the only widely accessible way to grow your nest egg enough to beat inflation. Hardly anyone has gotten rich by investing in bonds, and no one does it by putting their money in the bank.
Knowing these three key issues, how can the individual investor avoid buying in at the wrong time or being victimized by deceptive practices?

Here are six actions you can start with:

1) Consider the P/E ratio of the market as a whole and of your stock in particular.
Most of the time, you can ignore the market and just focus on buying good companies at reasonable prices. But when stock prices get too far ahead of earnings, there’s usually a drop in store. Compare historical P/E ratios with current ratios to get some idea of what’s excessive, but keep in mind that the market will support higher P/E ratios when interest rates are low.

2) When inflation and interest rates are soaring, the market is often due for a drop…be alert.
High interest rates force companies that depend on borrowing to spend more of their cash to grow revenues. At the same time,Singapore online casino money markets and bonds start paying out more attractive rates. If investors can earn 8% to 12% in a money market fund, they’re less likely to take the risk of investing in the market.

Of course, severe drops can happen in times of low interest rates as well. Look for red flags in the financial news, such as the beginning of the recent housing slump or the international credit crisis. Don’t let fear and uncertainty keep you from participating. Remember that the market goes up more than it goes down. Even poor market timers make money if they buy good companies.

3) Do your homework.
Study the balance sheet and annual report of the company that’s caught your interest. At the very least, know how much you’re paying for the company’s earnings, how much debt it has, and what its cash flow picture is like. Read the latest news stories on the company and make sure you are clear on why you expect the company’s earnings to grow.
If you don’t understand the story, don’t buy it. But, after you’ve bought the stock, continue to monitor the news carefully. Don’t panic over a little bit of negative news from time to time. Nearly every company has an occasional setback.

But if there is serious evidence of fraud or declining prospects, act quickly. Restating earnings is often a clear sign that all is not well with a company’s accounting practices.

4) Be patient.
Predicting the direction of the market or of an individual issue over the long term is considerably easier that predicting what it will do tomorrow, next week or next month. Day traders and very short term market traders seldom succeed for long. If your company is under priced and growing its earnings, the market will take notice eventually.

5) Take advantage of periodic panics to load up on shares you really like long term.
It isn’t easy to do, but following this advice will vastly improve your bottom line.

6) Remember that it’s not different this time.
Whenever the market starts doing crazy things, people will say that the situation is unprecedented. They will justify outrageous P/E’s by talking about a new paradigm. Or, they’ll bail out of stocks at the worst possible time by insisting that this time, the end of the world is really at hand.

If you watch these cycles over a period of 20-30 years or so, you’ll learn a valuable lesson: It’s never different this time. Ignore the hype, and carry on.