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Is it gaming or gambling?
Dear Mark, Depends on the prejudiced authority. My bias, Steven, is
that of an irreverent syndicated gambling columnist and player
advocate-hence, it's gambling. My dear friends who still work
in the gambling industry in upper-management have an intoxicated
partiality toward gaming. But this juicy morsel crossed my desk compliments of Bob G., a reader of the Traverse City Record-Eagle. Bob sent me an Associated Press article written about the literary folks at Lake Superior State University. The school has an annual list of misused, overused and useless words and phrases it wants to banish from the English language. Lake Superior releases this list each Jan. 1 after gathering thousands of submissions nominated from academia, business, journalism, politics, the military and sports. On their 22nd annual list is gaming. Comments: Gaming. Used to seduce people into thinking
they're not really gambling. Jeff, you play in the world casino, Wall Street; doesn't your industry have an aphorism, "Be a bull or a bear, but never a hog?" Like many, many other players, Jeff, you exhibit signs of poor money management. And money management, my friend, is really nothing more than character management. To truly become a winning player you have to first know when to get up and walk. Dear Mark, A "horn" bet is a one-roll proposition wager which is a combination of any craps (2, 3, 12) and a bet on the 11. It pays off according to the individual payoff for each number, less the three chips that were lost. Do I recommend said wager? NO. Craps offers two kinds of one-roll bets-hopeless and wretched. Although proposition bets have seemingly lofty payoffs, the house edge is way to high too waste your hard-earned money on them. Dear Mark, In gamb-lingo, I've heard the term monkey used two ways.
1. A sucker. 2. A face card. Example: Our wishful bettor has wagered the "bank" hand and is sitting pretty with a two-card 7. The "player" hand total is a 3, subsequently needing a hit. A "monkey" would not improve the "player" hand as face cards and 10s have zero card value in baccarat. The "bank" hand would prevail. Dear Mark, The worst wager on a crap game, or any table game for that matter, is the "any seven" bet on the dice table. This one-roll proposition bet has a house edge of 16.7%. |
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