Archive for August 5th, 2010

Gambling-The American Dream

Isn’t that what gambling is all about. You are always hopeful that you can get a thing for nothing, or at least extremely little. Do you not keep in mind what your mom told you? You can not acquire something for nothing. That is what my mother told me, and I have found out since then that she was absolutely right. I consider Wilson Mizner said it ideal, when he stated, "Gambling: The certain way of acquiring nothing for something." Genuinely, at the end of the day, that is it…..right?

In the good state of Montana they’ve these wonderful tiny machines, known as keno machines. These keno equipment are everywhere, and the places that these machines reside are called "betting houses". I put gambling dens is quotes because they aren’t gambling houses like you believe of gambling establishments. You will find no table game or slot equipments, just video slot machines poker and keno machines. In any case, I managed to receive myself roped in to the dream of winning a few hundred dollars in a sitting. The next thing I knew I was going back to these equipments practically daily. After a couple of months of this I recognized that no one really wins. Oh positive, you may win $50 here and there, except over the a period of time your just feeding the equipment five dollar bills like they were candy.

I was able to look at myself and I do not even go into the "casinos" any more. I’ve met individuals who truthfully practically lost everything they’ve wagering the stupid keno machines. The point that gets me about this sort of wagering will be the fact that casinos will advertise for the radio that they have an 85 per cent payback rate. This may be the rate because it’s mandated by law. A eighty-five percent payback rate sounds amazing, except when you believe about it this simply means that should you put $1 into the products it gives eighty-five cents back . This is how it works. Just think of it as a reverse ATM. When I started thinking of betting in these terms, I stopped.

I suppose that is my aim with this article. To acquire you to realize that you just definitely can’t win, no matter what other individuals tell you. As Doc Holiday mentioned in Tombstone, "The odds are all on the house." That and only that will be the only reason there’s even a place on this planet named Las Vegas. Because the odds are all about the casino.