people gamble because they do it as a young age at a fun fair or at a theme park in the casino or maybe because of there parents so they will try it out and if they win they become addicted to it by winning more and more money and even when they loose they still think they might have better luck next time until they loose all there money and begin to borrow putting themselves in debt so gambling is not good but can be at times every now and again is good but to become addicted is not.
Gambling involves too much risk for some people.
There are over 6 billion people in the world with over a few billion being children and people from poor countries that cannot afford to gamble, but there is approximately 1.6billion people gambling during any given year with over 4.2 billion people having gambled at one time or another, through card games and professional stakes.
They don't have the Vegas idea.
A gambling line is a line of credit that a casino grants you in order to gamble. It is a pre established line of credit based on your history with them.
Can you PLEASE help me with this problem:Suppose a fair coin is flipped twice and the following payoffs are assigned to each of the 4 possible outcomes: H-H:win20; H-T: win 9; T-H:lose 7; T-T: lose 16what is the ecepected value of the gamble?What is the probablity of each event?Is the gamble fair?
Gambling involves too much risk for some people.
to eat pie
78%
No, people do not gamble on bullfights.
Gambling involves too much risk for some people.
to gamble
mostly to gamble
sure... some places (illegally)
Most people gamble because they see gambling as a quick and easy way to make money.While the previous answer is correct, there is much more to it. Gambling can be very addictive. To some it is the thrill of "beating" the house or another player (poker). Some people gamble in casinos because they enjoy the interaction with other players, some people gamble because they want to be the one to hit the mega jackpots, and some people gamble because they are truly addicted to gambling. The worst thing that could happen to a person who makes a bet the first time is to win, it gives them the false sense of being a winner and that they can always win, thus they become addicted. People that gamble "all the time" are addicted to gambling and need help in overcoming their addiction.
Many people gamble although it's a bad thing.
so they can gamble
50 million/year