Archive for the ‘Gambling’ Category
Posted on November 28, 2009 - by admin
Some Betting Terms
Across the board-is a term used in horse racing and refers to equal stakes on each outcome of win, place and show. Arbitrage-is when a variations in odds that are available will let a gambler bet on both sides and thus is guaranteed a win.
Blind bet-is when a bookie creates a diversion from his high bet on a horse at the track so other bookmakers won’t notice. In this way he lessens the odds on another horse. Bookmaker-is a company or it can be a person, who takes bets from people for sports events, or racing and is also known as a bookie.
Circled game- this is a limit that is put on the a game as to the amount of action a bookmaker will take. When this is done, it is generally because the key players are created doubts.
Dead heat-this is when there is a tie at the finish. If this happened in a non-pari-mutual bet, the full odds are then paid out to half the stakes. Double-in this bet, there are just two selections and they both must win to be a successful wager. Double carpet-this is slang in the United Kingdom for odds of 33 to 1. Form player-this is a person who decides on what to bet by looking at past performances records. Hang Cheng-this is from Asia and is a form of betting for soccer. Heinz- this bet is for six horses in different races and consists of 57 total bets.
Posted on November 5, 2009 - by admin
Gambling Addiction
If you feel someone you know shows signs of gambling addiction, read the following sign and decide for yourself. Telling lies to friends and family members about the behavior and a preoccupation with gambling is one red flag. Specific mental health disorders often coexist in people with a gambling addiction, like depression, alcoholism, panic disorder and narcissistic personality disorder.
Unfortunately, many pathological gamblers also have a high rate of suicide. Pathological gambling affects more men than women, more young people than seniors and more African Americans than other ethnic groups. Exposure to gambling when young, access to gambling facilities and a family history of gambling addiction can all increase a person’s risk of developing the addiction.
Some researchers feel it is a chemical imbalance in the brain that plays a role in developing pathological gambling behavior. It is important for people with a gambling addiction to consult with a psychiatrist for a thorough physical and psychiatric evaluation. Treatment for gamblers can include medication, such as antidepressants and mood stabilizers, and sometimes psychotherapy can help as well.
