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Monday, July 10, 2006

Of Gambling and Betting

Gambling has had many dissimilar meanings depending on the cultural and historical context in which it is used. Presently, in western society, it generally has an economic definition and meaning and typically refers to wagering money or something of material value on something with an uncertain outcome in hope of winning additional money or material goods. Statutory gambling laws in each state are represented in full text. A chart answering common state gambling law questions is comprised of, as are articles explaining different aspects of gambling laws. Gambling can be a form of entertainment if handled with the right attitude. A good approach is to aspire to win but to also be prepared to lose and lose only the amount you planned to risk on that day. In other words, one has to accept the fact that you cannot force a winning outcome and you cannot win every time. Read further...

posted by Jerry "Jet" Whittaker at 2:50 PM

 

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Remember, you can beat the odds, but you can't beat the percentages.