Compulsive Gambling Behaviors Observable in the Workplace

Compulsive Gambling Behaviors Observable in the Workplace

Compulsive gambling has been called the “hidden disease,” as there are few overt signs of it in the workplace until the problem is in its most advanced stage. Astute observers may, however, pick up clues.

Extensive gambling can be time-consuming. Doing everything required to gain the information required to gamble intelligently, to place bets, follow the action, borrow money and make payments often has an impact that can be observed in the workplace. An educational pamphlet on compulsive gambling lists these indicators that may be observed at work:

Late to work (due to late night card game, casino venture, or bad night’s sleep worrying about gambling-related problems).

Long lunches (off-track betting, meeting bookmaker or loan shark or creditors).
Mysterious disappearance in the afternoon (typically at the track, off-track betting, afternoon card or dice game, or listening to sporting events).

Sick days taken right when they become available rather than allowed to accumulate (uses sick days to gamble).

Vacation used in isolated days rather than blocks.

Excessive use of rest room (reads sports pages or listens to radio in the rest room).

Excessive use of the telephone (calls to off-track betting, bookie, creditors, or to find money; calls from bookie or creditors).

Reads newspaper and sports literature at work (scratch sheet from race track, racing form, sporting news, etc.).

Operates office sports pool or paycheck pool (the person running these sometimes has a gambling problem).

Collects money from other employees for off-track betting or lottery (ostensibly does this as convenience for co-workers but actually so he or she can place bets).

Organizes trips to Atlantic City, Las Vegas, or other gambling junkets (may indicate familiarity through frequent visits).

Operates as bookmaker or runner for bookmaker (many bookmakers and runners are themselves compulsive gamblers and do this in order to gamble more).

Totescoop6 ~ The Horse Racing National Lottery

Totescoop6 ~ The Horse Racing National Lottery

Perhaps like me you shared in the jubilation of Agnes Haddock as Taranis came to win the totescoop6 handicap hurdle at Sandown last Saturday. By selecting the winner, Agnes secured herself a £248,288 bonus to add to the £410,332 she won by completing the totescoop6 the previous week. This king’s ransom came out of a workmanlike £2 bet.

To win the totescoop6 prize fund a punter must pick the winners of six selected races on a Saturday.

Channel 4 had a camera fixed on Agnes as the race unfolded, and as Taranis jumped to the front at the last hurdle, viewers witnessed as her expression turned from one of hope and yearning to sheer exaltation at the line. Fantastic television!

My wife and I hugged each other and we were genuinely thrilled for the laundry woman from Cheshire. “It’s like she’s won the Lottery” said my wife. “No it’s not!” I contested, “It takes skill and judgment to pick the right horses – the Lottery only needs you to pick 6 numbers at random.”

The irony of Agnes’ win was not lost on me: this luckiest of lucky ladies had picked her horses purely on folly, or because the names appealed to her!

Her first selection Simon won at 7-1 in the 2.25 at Southwell. Agnes said: “I picked it because I used to work with a really nice lad called Simon.”

Her second choice was Exotic Dancer which Agnes chose because she had backed it previously, and it trotted up at 6-1 in the 2.45 at Cheltenham.

She got inspiration for the third winner — 6-1 Clouding Over in the 3.05 at Southwell — because it started to rain when she went into a BetFred bookies to place her bet!

Her fourth choice, Mountain, was a non-runner so her money automatically went on the favourite, Katchit – which won in the 3.30 at Cheltenham at 2-1.

Agnes’s fifth and sixth horses Haggle Twins and Whispered Secret both romped home at 8-1. And finally… she arrived upon Taranis to carry her hopes for the Bonus because it was the number thirteen horse, and her birthday is the thirteenth.

Despite this fairytale win, I maintain that although the Scoop6 is the horse racing equivalent to the National Lottery, there are several distinct differences. The totescoop6 offers far better value than the Lottery. Serious punters can win a huge return on a tiny stake.

Although there is the argument that all sorts of charities benefit from the Lottery, it is strictly for mug punters. Unfortunately for the charities and Camelot, these punters are in short supply nowadays as more and more people are not in it to win it any longer. By contrast, 100,000 players every week are investing in the Tote Scoop6, in the belief that they are in control of their destiny regarding the wager. To an extent, they are correct, and they certainly have far more control than is the case in the National Lottery.

Odds of more than 14 million to one govern the Lotto, whereas Tote Scoop6 punters can reduce their odds dramatically, by making their own decisions regarding the horses that they nominate to carry their cash.

Returning to the basics of probability, the realistic price of selecting the first ball that drops out of the Lotto machine is of course 48/1 whilst (taking form analysis out of the equation) the price of any horse to win a ten-runner event (as an example) is 9/1.

To summarize, and this is only my tongue-in-cheek opinion, the Lotto balls are for losers, and fair-play to Agnes Haddock for winning the totscoop6!

About the author: Max Redd has been making a living betting on horse racing for over 10 years. He runs the Redd Racing betting advisory service which offers members a FREE trial and a 60-day money-back profit guarantee.

States Lottery Basics

States Lottery Basics

For those who dream of quitting their jobs and being independently wealthy, the lottery is an affordable way to take some chances and move toward a goal. Lotteries have been a great support to those aspiring to be great through the stroke of luck. The lotteries have been a source of income to the people who believe that the lady luck is on their side. Though based on sheer probability the game is all over America to the effect that with t $1 to $5 ticket you can win up to $100,000. This surely is tempting and thus is the charisma of lottery.
The different states of United States of America have different patterns of lotteries and they have different types of ceiling and winning amounts too. Many states allow the players lottery in advance. If they have a favorite set of numbers, they can pay in advance to have their numbers played in the same game for weeks in a row. With such discounted terms the people are allured in to betting on the favorite number over and over again. Thereby increasing their chances..
The high end lotteries are mostly interstate lotteries. There is a provision for the game to be spread over a number of states. The popular games like Powerball, Mega Millions and Hot Lotto have gained high following as they have been a source of very high rewards to the players. With the amount of prize money increasing, the chances of winning also multiply and thus many people are seen to follow the interstate extravaganza rather then local games. Over two thirds states in United States of America have different local games and they can make a person win up to $500 daily.
The whole concept of playing the game is about getting the nearest match to the number in your lottery. There is no trick involved. Its sheer luck and only luck that can get some return to the ticket buyer. The person has an incentive because the prizes may range from $5 to $100,000 and for a ticket of $1 to $5 who would not be driven to give in to the bet.
The lottery licensees are generous in many states but not in all at times the outflow in prizes may stretch up to 75 % of the collection. While keeping the matching concept of the lottery ticket the organizers dole out huge sums in prizes. In most cases the maximum matching ticket gets nearer to the Jackpot. The hundred percent match is the Jackpot winner. the prize would decrease as a ticket is remote from the drawn numbers.
The system is flawless as there are picking up machines that will decided the winning combinations and the machines have no human indulgence. At times the drawing of the number is shown live on television and thus they try to make it as transparent as possible. The system of carry over of the prize amount is also prevalent. The prize money of each lottery jackpot starts at one big amount say $100,000. this amount will grow up to the time until a person wins it. Thus the incentive to play at the later stages is far more then at the beginning. The prize money has reached an exorbitant $193 million in the state of California.
Another type of lottery is on the racecourse. Although there is a lot of glamour and lights are attached to the show but a common man is equally attracted towards it. The bets include the betting on the race time, the winner of the race to the favorite horse in the competition.
It can be seen that in all states of the United States of America the small tickets of $1 are fetching millions and lotteries have become a regular investment for some people. This is surely to remain a mainstay of people’s aspiration. Wanna bet…!!!

The Rise and Rise of Poker – An article by The Sportsman

The Rise and Rise of Poker – An article by The Sportsman

The immense diversion of the gambling and betting industry over the last ten years has without question changed forever. The likes of football betting, online casinos and, of course, poker hardly existed on the betting landscape as horse racing was in a market of one. The internet coupled with the Lottery have transformed the industry permanently and it’s all the better for it.

The National Lottery place a crucial role in all this despite being hailed by bookmakers at the time as being the deathnel of the ff-course betting shop. The reality, and to be fair nobody, saw it coming, was that The Lottery sanitized the whole notion of betting – it was now seen as OK to have a small flutter for a bit of fun. The internet arrived simply as the rocket fuel to pour on the naked flame.

Nevertheless, the real product winner is without question poker. The exchanges have a case but they are still, at present, seen as only for the sophisticated gambler. No doubt as the rest of the world catches up with the UK the likes of Betfair will flourish more globally but perversely they almost need the traditional bookmaker to be established before them.

Poker however seems to have swept all before it and unlike Betfair it’s a multitude of companies that are seeing the benefit from online bookmakers to bespoke poker sites. But why has a game that has been around for hundreds of years suddenly exploded so much?

The reality is because it is, in fact, very easy to play, if you want to see exactly how easy then check out the rules of poker. True it does take longer to master as much of the marketing will tell you but, especially online, where your face doesn’t give you away those with the basics can still beat the best and the David and Goliath factor is what drives most people, especially when gambling. Whether it’s you versus the bookie, other poker players or other exchange users, the drive is the winning. Not necessarily the amount – watch a new gambler winning a long odds-on bet with £5 wagered – still delighted despite only collecting a matter of pence.

Now that so many people play can there ever be a true World Number 1? It is surely very unlikely from now that any single player will win the WSOP twice – ever! This is because te sport is now completely swamped with new players many of whom are very good at their craft but elements of luck will always play a part. Some will argue this is true of any sport but in most traditional sports the best players are there or thereabouts.

Nevertheless, the figures show the game to be in rude health and seemingly not showing sings of reaching a plateau which it must at some point but the figures coming out of Party Poker and 888.com show nothing but the rise and rise of poker. Nobody should be talking of flushing or folding just yet, just wait for the Chinese to get online and the sky will be small fry as far as limits are concerned.

The above article was brought to you by the The Sportsman.

Why I Bet At The Golotto Lottery In Liechtenstein?

Why I Bet At The Golotto Lottery In Liechtenstein?

There are several kinds of lotteries, each with varying odds of winning. Somehow, the best chances are with lottery systems such as the ones generated in Liechtenstein. Here, not only the tickets of the lottery are very cheap, the chances for winning are very high as well.

Winning Go Lotto Lottery is a Great Possibility When Betting at Liechtenstein

I am a total novice at betting and lottery, but who doesn’t love winning. One day when I was really low on cash and I was trying to organize some funds from my friends, I was advised to take a chance and bet on the go lotto lottery in Liechtenstein. I was not very inclined to use the dwindling funds I had on lottery as I did not feel too lucky. But my friend had taken a lot of pain to convince me that this opportunity is great and that anyone can win with Liechtenstein go lotto lottery because the system is made in such a way – and if I loose the lottery support the Red Cross.

He had showed me how to log in and place bets on the Go Lotto lottery online and I was indeed pleased with the fact that the tickets for this lottery cost only one dollar each. Then, on an impulse I agreed and placed a tiny bet.

Winning is a Great Feeling!

I followed the developments and was looking forward to the day when the results would be declared. I never really had any hopes that I would win anything – I never won a lottery before in my whole life – but no one can help the building up of the excitement as D-day approaches.

The morning the results were declared, I got a call at 6.30 am from my friend saying to check my results. I thanked him for the reminder and got up grudgingly from my comfortable bed to deal with the morning chores. After I had my breakfast I remembered that I hadn’t checked on the results. I was smiling in my mind thinking how would it be if I would really be the winner of some Liechtenstein golotto lottery.

When the results came on the screen – I checked for the winning numbers and found to my great surprise and pleasure that my ticket was among the winning lot. This is how today I am a totally die-hard fan of the lottery (www.LiechtensteinLotto.com) of Liechtenstein!

Casino, Sports Betting, and Lottery – A Comparison of the House Edge

Casino, Sports Betting, and Lottery – A Comparison of the House Edge

The house edge, which is the commission that a gambling agent such as a casino, a sportsbook (bookmaker), or a lottery administrator charges, is a yardstick that measures how a specific gambling game is fair and reasonable. It is one of the most important factors that every player should consider whenever he/she is engaged in any type of gambling, inasmuch as it indicates how much of the money wagered goes to the gambling agent’s pocket and how much is redistributed to the winners.
Indeed, a house edge cannot be zero since casinos, sportsbooks, and lottery administrators have to make some money in order to cover their expenses, and to make some profit as well. Yet, a high house edge simply means that the players are unecessarily being ripped-off, and as a result, any gambling game with a high house edge should certainly be avoided by a knowledgeable gambler.
In this article, we shall compare, in the simplest way possible, the house edges of a roulette, an evens-odd betting, and a Cash 3 lottery game as representatives of the three major gambling categories.
The Equation
The easiest way to compute a house edge is to compare the actual winnings that are paid by the respective agents to the winnings that would be paid in a fair game or bet. A fair game or a fair bet is one in which no commission is involved; an obvious model is a game between friends. Therefore, in percentage form, the house edge is obtained by subtracting an actual game winning from a fair game winning and dividing the result by the fair game winning, finally multiplying by 100. Thus,
House Edge = [ (fair game winning – actual game winning) / fair game winning ] * 100
Roulette
Because of its simplicity and popularity, we shall consider the roulette as a representative casino game. A European roulette wheel has grooves marked by the numbers 0 to 36; the American wheel (also called Las Vegas wheel) has an additional groove marked as ’00’. So, the European wheel has a total of 37 numbers, while the American wheel has 38. Internet casinos usually make available the option to select the type of wheel the customer prefers, but the brick and mortar casinos normally offer only one type. The winning number in a roulette game is the number corresponding to the groove where a spinning ball lands.
Now, consider a fair game in which 38 friends are playing the roulette at home, and each one selects a number and places a $1 bet on the number (no two or more players wagering on the same number). When the ball is spun and lands in a groove, the number marking that groove will be the winning number. The person who has selected this winning number collects all the money on the table thus making him win $37. On the other hand, if the game were conducted in a casino, the winner would be paid only $35. The difference between the two winnings applied in the above equation gives us the house edge of a roulette game as
( 37 – 35 ) / 37 * 100 = 2 / 37 * 100 = 5.4%
This means that every time you spend a $100 on an offline or online casino roulette, $5.40 goes to the casino and the rest is redistributed to the winners. Evidently, there are quite a number of casino games and the house edge varies from game to game, many of them having a house edge less than that of the roulette. For obvious reasons, a good gambler always prefers games that have low house edges, while the casino itself loves those games with high house edges. For example, the house edge of craps is 1.4% which makes it one of the most preferred casino games by the players.
Even-odds Sports Betting
Again, because of its simplicity, we shall consider an even-odds betting as a representative of this category of gambling. By even-odds we mean that the event (usually a sports game) has equal chances of going either way. An example is a tennis match between two competitive players each of which has an equal chance of winning the match.
A fair bet, in this case, is just a simple bet between two friends who just pick one of the tennis player as winner. If these two friends wager $1 each, the winner will collect $2, thus winning $1. If instead the bets are placed through a sportsbook, the winner will collect only $1.91, since the odds of an evens game at most bookies and online sportsbooks is 1.91. If you are not familiar with the decimal representation of odds, 1.91 is the same as 10/11 in UK notation and -110 in US odds notation. Odds of 10/11 mean that you’ll win $10 when you wager $11; and odds of -110 mean that you have to wager $110 in order to win $100. Anyway, since the winnings paid by a sportsbook is only $0.91, the house edge of an even-odds betting will therefore be
( 1 – 0.91 ) / 1 * 100 = 0.09 * 100 = 9%
So, this is how sportsbooks make a living. Since several internet sportsbooks offer odds higher than 1.91 in order to lure bettors, the house edge could be smaller than 9%, which is one of the things that the bettor should be looking for when searching for a sportsbook. On the other hand, if the bettor is wagering on parlays the house edge would be significantly higher than 9%; for big parlays, it could go as high as 40%.
It should be apparent by now that the gambler is better off with casino games than sports betting. It should also be noted that while the house edge could be a major factor to consider while selecting a gambling game, it is by no means the only one. For instance, one should consider the fact that casino games are mostly games of chance, while sports betting also involves a learned decision in selecting a pick, consequently leading to a higher probability of winning a bet.
Cash 3
Depending on the state you are in, this lottery game may be known by a different name such as Pick 3, Play 3, Daily 3, etc. In this game, the player selects a three-digit number from 000 to 999, and plays the number as a straight or as a box. A straight play is a prediction that the number will come exactly as selected while a box is a prediction for the number to come in any order. For instance, if a player selects the number 672 and plays it straight, he/she will win if the number drawn is exactly 672. Instead, if the player plays 672 as a box, he/she will win as long as the drawn number contains a 6, a 7 and a 2, in any order (276, for example). Obviously, a straight game pays much more than a box game for the same amount wagered.
Now consider 1000 friends (maybe in a club) selecting a number as a straight, each for $1, so that all the 1000 possible numbers are covered. When the winning number is drawn, the person who has selected that lucky number will be deemed a winner and will cash in all the $1000 collected, so making him win $999. This is a fair game. In the case of state lotteries, however, the winner will be paid only $500 in most states. Some states may pay a little bit less, others may pay a little bit more, but $500 is more or less the standard. The winner therefore wins $499. The house edge for a Cash 3 game will therefore be
( 999 – 499 ) / 999 * 100 = 500 / 999 * 100 = 50%
This house edge applies not only to the Cash 3 game but also to all state lottery games such as Play 4, Cash 5, Mega, Fantasy 5, Lotto, Power Ball, etc. So, whenever you are playing the state lottery, remember that you are wagering only half of your money on the actual lottery; the other half, you are just giving it away. Where this other half goes is not the gambler’s concern, since his/her main objective is to win some money in order to pay the ever present bills, or to get out of a miserable life, or to change his/her 20-year-old car. As regards contributing to education and other noble causes, there are other means of collecting money called taxes and charities.
Unfortunately, many states do not allow casino games, and furthermore, sports betting is illegal in the United States. The player is therefore left with no choice but to cross state borders in search of a casino, or more recently, to engage in online sports betting through the several offshore internet sportsbooks. Nowadays, there is a plethora of trustworthy online casinos and sportsbooks operating from Canada, the UK, Antigua, Costa Rica, and so on.
The Conclusion
As far as the house edge is concerned, it has been shown that casino games are the best choice for the gambler. On the other end, any state lottery is a pretty miserable game to play. Nevertheless, besides the house edge, there is also the possibility of winning to consider.
Casino games, like lotteries are mostly games of chance; the player just selects a number or numbers and waits to see what luck brings him/her. There is absolutely no basis to prefer one number to others. Some people try to analyze previously drawn numbers in order to see the trend and predict the next numbers. This strategy may work a few times, but not always. Keep in mind that it is the players, and not the machines, who remember the previous numbers. In short, the possibility of winning a roulette or the lottery entirely depends on luck.
While there is little or nothing that a roulette or a lotto player can do to initially select a possible winning number, the situation could be quite different in the case of betting. With a lot of information and some assistance from sports handicappers, it is possible to predict the outcome of a sports event with more certainty than predicting a Cash 3 number.