10 Gambling Groove Theory

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According to historians and archaeological records gambling has been present all throughout and in all cultures. Gambling evidences has been found at some ancient sites of China (2300 B.C), India, Egypt, Rome. There is this famous story in Indian mythology where a king lost his entire wealth, kingdom and even his wife in a game of gambling. In 14th century, king Henry VIII of England made gambling illegal when he found out that his soldiers were wasting more time on gambling than their military training.


The dictionary defines gambling as the act of playing for stakes for winning money or prize. Also after the meaning the dictionary gives two example usage sentences, “he won a million at the gambling table today” and “he lost a fortune at gambling”. These two sum up the meaning of gambling more effectively! Gambling is all about luck. Either you win good deal of money or you might even go bankrupt. Currently in the west it has led to a phrase being coined called ‘it’s a gamble’. Gambling is to wager money or even something that has some value on a game or an incident of which the final result is uncertain. The main intention being of course to win the bet.


Gambling first started in casinos and betting houses. But after the internet became a daily necessity of our life people thought of taking the betting tables to the net. Gambling started online where you could bet, win just like your normal gambling. The money would be transferred to your bank account. The idea caught on immediately and online gambling became hugely popular. Millions of people around the world come online everyday and make bets. This is a great alternative as you can have all the fun sitting in your bedroom. Also at whatever time of the day you want. Thus, saving the cumbersome job and cost of going to a casino. To keep the excitement same, the online gambling offers the same odds as normal casinos. Even the games are exactly the same.


However, online gambling scores over normal gambling in one aspect. When you gamble online you have an option to gamble with money or even gamble for free. Since, you can gamble for free you can try out the various gambling games and get a hang of it before you actually start gambling seriously with real money. A lot of people gamble for free everyday.


Casino’s are divided into ‘beatable’ casino games and ‘unbeatable’ casino games. Black jack, poker, slot machines are some famous beatable casino games. 4-card poker, roulette, Baccarat, Caribbean stud poker are some popular unbeatable casino games. Liar’s Poker, Bridge, Three card Monte, Liar’s dice are some popular non casino betting games.


However gambling is not just restricted to casino’s or cards. Sports betting is a huge segment of the betting industry. Parimutuel betting is one of the most famous forms of gambling. It involves betting on horses and greyhounds.
Betting on football and cricket is also very popular.


However, people who thinks gambling is a bad addiction chose to give a very different definition for gambling. They define it as ‘risking’ money while hoping to win more than you have ‘risked’! There are many communities active which try to stop people from gambling.Finally, betting is a personal choice. One should keep in check how much he

is getting involved in this highly addictive activity.

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