Gambling in Austria

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The Austrian system of legislation distinguishes between federal (Bundesgesetze) and state (Landesgesetze) laws. Gambling issues are therefore regulated both on a federal and state level. In Austria, land-based and interactive Gambling Services are a monopoly regulated by the federal Law … Read More

Gin Rummy

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Gin Rummy, or just Gin, is a card game for two people, which was invented in 1909 by Elwood T. Baker from Knickerbocker Whist Club in New York in the 1940s. Hollywood discovered the game Gin Rummy and quickly found … Read More

Fixed-odds gambling – Decimal odds

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Most used in continental Europe and Canada, decimal odds are different from fractional odds, because they quote the quantity which will be paid out towards the bettor, multiplied by and together with his stake. Consequently, the decimal odds of an … Read More

Yakuza and gambling

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A yakuza (ヤクザ/やくざ) is a member of a group of organized crime in Japan. By extension, this word refers to any Japanese thug. The yakuza are represented by four major unions, present throughout the archipelago, and also have ramifications in … Read More

Fixed-odds gambling – Fractional odds

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Favoured by bookmakers within the UK, fractional odds quote the net total which will be paid out towards the bettor, ought to he win, relative to his stake.    Odds of 4/1 (“four-to-one” or “four-to-one against“) would imply that the … Read More

Spread betting

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Spread bettingis a form of gambling on the outcome of any event where the more accurate the gamble, the more is won and conversely the less accurate the more is lost. A bet is made against a ‘spread’ (or index), … Read More

Antihistamines

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An antihistamine is a drug which serves to reduce or eliminate effects mediated by histamine, an endogenous chemical mediator released during allergic reactions, through action at the histamine receptor. Only agents where the main therapeutic effect is mediated by negative … Read More

Texas Hold’em Bonus Poker

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Texas Hold’em Bonus Poker is a gambling card game is owned and licensed by Mikohn Gaming/Progressive Gaming International Corporation. The game is based on traditional multi-player Texas Hold’em poker. Rules The game is played with a standard 52 card deck. … Read More

Shill

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A shill is an associate of a person selling goods or services who pretends no association to the seller and assumes the air of an enthusiastic customer. The intention of the shill is, using crowd psychology, to encourage other potential … Read More

Proposition bet

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In gambling, a proposition bet (also called a prop bet) is any bet made for a sum of money that involves a proposition. An example is the professional poker player, Howard “The Professor” Lederer, a vegetarian who wagered $10,000 with … Read More

History of greyhound racing

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Modern greyhound racing has its origins in coursing. The first recorded attempt at racing greyhounds on a straight track was made beside the Welsh Harp reservoir, Hendon in 1876, but this experiment did not develop. The sport emerged in its … Read More

Calculating fixed odds

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Fixed-odds gambling is a form of gambling against odds offered by a bookmaker, an individual, or on a bet exchange. It is customary with fixed-odds gambling to know the expected odds at the time of the placement of the wager … Read More

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