(PhysOrg.com) -- Humans are known to play it safe in a situation when they aren't sure of the odds, or don’t have confidence in their judgments. We don’t like to choose the unknown.
Plants & Animals
Nov 24, 2010
1
0
Researchers at the International Centre for Theoretical Physics (ICTP) in Italy and the PICO group at Aalto University in Finland have introduced the idea of an information demon that follows a customary gambling strategy ...
(AP) -- Three former executives of the online sports gambling Web site BetOnSports, including two of the company founder's siblings, pleaded guilty to federal racketeering charges.
Internet
Jun 23, 2009
0
0
(PhysOrg.com) -- Gambling addictions would soar and an already-sputtering economy could sink into ruin if Congress overturns a decades-old ban on Internet gambling, a University of Illinois professor and national gambling ...
Social Sciences
May 1, 2009
5
0
(PhysOrg.com) -- A new Cornell study of online poker seems counterintuitive: The more hands players win, the less money they're likely to collect - especially when it comes to novice players.
Other
Jan 12, 2010
0
0
On December 30, 1967, senior detectives from Scotland Yard sent owners of gambling clubs into a proverbial spin. Anyone operating a roulette wheel that contained the number zero would be prosecuted, they warned. From now ...
Other
Dec 29, 2017
4
47
Who wouldn't pay a penny for a sports car? That's the mentality some popular online auctions take advantage of -- the opportunity to get an expensive item for very little money.
Mathematics
Mar 16, 2012
3
0
The U.S. government's attempt to crack down on Internet gambling is widely seen as a convoluted mess. Yet, more controlled and defined regulation would likely benefit the $41 billion industry and protect consumers alike, ...
Economics & Business
Jun 1, 2015
0
30
Bally Technologies Inc. showcased its most popular games, including Cash Spin, on several platforms here this month at the Global Gaming Expo.
Internet
Oct 20, 2011
0
0
A Canadian resident was indicted in the United States on fraud and related charges for processing some 350 million dollars for Internet gambling firms, officials said Thursday.
Internet
Aug 6, 2009
1
0
Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period.
The term gaming in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; i.e., a “gaming” company offers (legal) “gambling” activities to the public. This distinction is not universally observed in the English-speaking world, however. For instance, in the UK, the regulator of gambling activities is called the Gambling Commission (not the Gaming Commission).
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