Casino Gambling

Casino gambling is a way of having fun and trying to make money at the same time, by placing bets and wagers in casinos. Casinos are famous the world over. Numerous cities have the reputation of being casino hubs, and the financial turnover in these cities is millions of dollars everyday. State governments often support casino construction. This is because casino gambling is charged a higher tax rate than other ordinary businesses. Calling gambling a “sin” and “discouraging” it by charging higher tax rates justifies this act of the government. Casino gambling is a very profitable business.

A casino is a place where wealth is transferred from one person to another. Payouts are a very minimal portion of the wealth accumulated by the casino. Hence, in casino gambling, the real winner or profiteer is always the casino.

It is the nature of the unknown element that is attractive to people. The hopefulness and curiosity at times make people enter a casino for the first time. Other people may just do it for some quick cash.

A number of people start gambling with minimal cash at first. This approach minimizes risk, as even if the game is lost, very little cash is lost. However, a few initial wins can make the gambler want to continue. Recent studies have shown that promoting casino gambling’s adverse effects outweigh any supposed financial. People are as addicted to casino gambling, as an alcoholic is to drinking. Some researchers are concerned this addiction will become more widespread if gambling is made more accessible to the public.

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Casino Etiquette for Beginners – Top 7 Do’s and Don’ts

Below is our guide of the top do’s and dont’s at the casino. Follow our example and you will master the casino etiquette.

Do:

1. Know your limits
Surely, this is not a behavioural thing, but it will keep you from losing all of your money – believe me, amateurs are really good at blowing their money. You need to know your bankroll in order to play (relatively) stress-free. Because once you have decided the amount of money you are prepared to lose, you will expect the losses you endure, and winnings will be bonuses.

2. Know the rules
Once you learn how to play without blowing all of your money, you need to learn how to know the rules of the games (knowing every casino game is preferred, but you can learn the rules of the games you like the most and stick to them).

So, before you sit at any table, study the game online, watch a video maybe or just watch a real-life game. In addition to not pissing you opponents off, you will also increase your winning chances if you learn the rules of casino games before sitting down to a stable.

3. Know where to smoke
You may not know, but some casinos limit smoking to particular sectors of their venues. There are also those casinos which permit smoking anywhere within the premise. If you are a smoker and you have entered a casino of the latter type, you should always be considerate. Dealers and fellow players may not be smokers, but even if they are, exhaling smoke in their faces is the worst possible thing you can do.

Another thing you should always do is completely extinguish the cigarette you have put out, as otherwise a stream of smoke could rise and enter your fellow player’s personal space, and that is-you guessed it-rude and annoying.

4. Know what to bring
It is essential that you bring a watch and your cellphone to the casino. Most casinos do not feature clocks and windows. Unless you want to spend more time at the casino than you initially expected, you should be able to see what time it is.

As for mobile devices, those can be of use if you get separated from your friends and you need to call them. However, you ought to familiarise yourself with the casino policy – some casinos have a cell-phone policy under which you may be asked to leave the premise if you use your mobile device while playing.

Do not:

5. Believe in superstitions
Most casino games are based on luck. So, even if you get an authentic rabbit’s foot, it will help you win in any way. Do not think that all those weirdos wearing “lucky charms” at the casino are getting lucky because of the charms.

In fact, every bet has no connection to the previous one or the following one – it is a grave mistake to treat bets as successive events. In the end, remember that the house has an edge, and no lucky charm can get you beyond that edge. All you can do is be knowledgeable and be prepared for losses.

6. Drink excessively
Of course, since you are a first-timer, you need a drink to help you relax. But do not let this one drink turn into 100. Excessive drinking will cloud your judgement and you might spend more money than you have prepared in your bankroll. That is not all – while you may be having fun, your opponents at the table probably do not have fun.

7. Be shy
Okay, we said that you need to know the rules of the game before you proceed to playing, right? Well, now we are telling you that if you are not sure about the rules of a particular game, you should ask the dealer for advice. Did we confuse you? We meant that you should not dive in the pool if you have no idea how to swim. Once you have learned how to swim-dive-but let the lifeguard save you from drowning. Even professional swimmers are at risk of drowning, you know, i.e., even professionals need help from time to time. Do not be afraid to ask for advice when you need it.

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Kerala Jackpot

Lottery is a form of gambling. Kerala State Lottery was started in the year 1967. The initiative was taken by the then State Finance Minister Sri. P.K. Kunhu. During that period Kerala was suffering from acute unemployment. The number of unemployed youth at the beginning of the third five year plan was above 1.3 million1. The shift from agriculture to industrial and commercial activities, the craze for white collar jobs, the growth of service sector, insufficient increase in non tax revenue such as interest, dividend and profit, increased public expenditure etc. were the factors that led the finance minister to think of a supplementary source of income for the state.

Thus lottery was introduced mainly for reducing unemployment and to a certain extent for supporting the state revenue. Lotteries were conducted by private agencies at that time. Later private lotteries were banned. Today, only the state government conducts lottery. Rules and regulations for conducting lotteries have been framed and lotteries have become a common affair now. At present it gives employment to more than 3 lakh people and contributes, more than Rs. 10 crores a year to the state government by way of profit. Income tax deducted from the prize amount also comes to crores of rupees. Above all, large amount is lying with the state government as undistributed prize.

Started as a monthly programme Kerala State lottery is currently having on an average 5 draws a week. The first prize distributed in a draw has increased from Rs. 50000 to Rs. 1 crore and even more. Total sale of tickets has also increased from Rs.75 lakhs to Rs.125 crores a year. Thus it is felt that the lotteries play a significant role in the life of Kerala people.

But research scholars, academicians and policy makers have not attempted much on the subject. This research gap motivated the scholar to choose this topic. Research problem can be rigorously identified and conceptualised only after a detailed literature review.
A survey among 300 samples were made from the different regions – southern central and northern. The districts of Thiruvananthapuram, Thrissur and Kannur were selected at random for the purpose and 100 samples from each district were selected and studied to analyze the motives behind buying tickets and the extent of faith the public has in the Kerala State Lottery. A survey among 90 respondents was made from winners of large prize amounts to analyze the pattern of utilization of prize money.

A survey among 150 samples was also made from the sellers of tickets to analyze the income earned by them from this activity. The sample sizes were kept low because of the difficulties in getting the relevant group. The Director of Kerala State Lotteries, a few district lottery officers, a few very large and very small sellers of tickets, the President of Kerala Lottery Agents Association (KLAA) etc. were also contacted and interviewed for their opinions and attitudes about the Kerala State Lottery. Collected data were analysed using appropriate and relevant techniques.

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