Gambling Blog

Gamblers are risk takers. Investors try to avoid risk. This simple fact alone might make it appear that the worlds of gambling and investing are miles apart. A closer look at the two, however, reveals more connections that one might think.

Outcome unknown

Gambling is, by definition, a wager on an unknown outcome. If it takes place in land based casinos or in online gambling sites, whether the game is poker, blackjack, slots, or any other casino classic, gamblers never know how the game will end. Sometimes it is possible to make an “educated guess” about the outcome of, for example, a poker standoff; but other times, like in the case of online slots, everything comes down to pure luck.

In the financial realm, things are really not so different. Most investors don’t throw caution to the wind and put their money just anyplace. Instead, they research and project, trying to guess the future. There is the key word – guess. In the world of investing, like the world of gambling, money is being put towards an unknown outcome. The return might be great, or the move might bankrupt you – it is the goal of both the gambler and the investor to choose the right path.

Fun or profit?

One perceived difference between gambling and investing is that gambling is done for fun, while investing is a legitimate business. One look at the world of professional poker, however, is enough to crush this myth. There are people all around the world who make a living playing in online poker sites, or by putting money down on blackjack and building up wealth over time. Even slots players can hit big wins, like the record-breaking €6.3 million jackpot that was won in May of 2009 on the Mega Moolah progressive jackpot slot.

Investors might want to turn their nose up at “professional gamblers”, but in truth, both gamblers and investors work just as hard for their returns. From the point of view of the gamblers, their trade combines fun and profit, and poker pros might often wonder – “is investing this much fun?”

All about speed

Investing is a slow and laborious process. It can take years for a big investment to start paying off. Being a successful investor requires a great deal of knowledge, plenty of time, and most of all, quite a lot of patience.

A common stereotype of gambling, on the other hand, is that it is a quick and dirty way to get rich. This is both true and false. In the case of big jackpot wins like the €6.3 million Mega Moolah jackpot, lucky gamblers win a lot of money in a very short amount of time. After all, it just took one click of a mouse that player to go from zero to millionaire. But how many times did the player click before the big win happened?

Other games like blackjack or poker require just as much time as a long-term financial investment. Individual games might last just a few minutes or hours, but wealth is built up over long stretches of time. Just as investors must scrutinize each transaction from all possible angles before putting their hand in their pocket, poker pros must spend long hours playing, practicing, and perfecting their game before they can expect to win the big prizes.

Good versus Evil

One last alleged difference between gambling and investing that is worth mentioning is this: while investors are seen as hard-working and respectable businessmen, pro gamblers are often looked down upon as reckless thrill seekers. This social stigma against gamblers and gambling is completely unfounded. A poorly-planned, rushed investment has just as much potential to drive a person into severe debt as a misplaced bet, and investing can be just as addictive as gambling.

Moreover, while profits from the winning end of bad investments often end up in the pockets of individuals, gambling revenue is often filtered back into society. Governments around the world use gambling tax revenues to fund social campaigns and to create services for the good of everyone.

Conclusion

In the end, it is clear that the differences between investing and gambling are not so great. Investors gamble on their choices, and gamblers invest in their skills. Neither activity should be taken lightly – both require practice, knowledge, and patience if a person wants to excel and come out ahead.

Perhaps the real difference between gambling and investing is the people. Just as investing is not to everyone’s taste, gambling doesn’t give everyone the same thrills. Both are risky endeavors, and both can lead to either extreme wealth or severe debt. Whether you choose gambling or investing, let us leave you with one piece of advice: research, practice and play the odds, don’t trust your gut instincts!

christiano ronaldo

The battle for winning Group G in the World Cup will be an interesting clash between one of Europe’s and South America’s best teams.

Brazil is the favorite according to Paddy Power online sportsbook giving the odds at 6/5 and a draw at 2/1 – these lines place Brazil as the Group G winners.

Portugal can win the group by winning the game, however Portuguese star player Deco is still not in active mode and predicted to sit this one out on the bench.

Christiano Ronaldo, Luis Fabiano or Robinho, are the favorites to be the goalscorers of the match.

Paddy Power online sportsbook is offering Live in-game World Cup betting as well as £50 in free bonus betting with first deposit!

Team USA is only one win away from advancing to the round of 16 in the 2010 FIFA World Cup, facing Algeria

Both Ladbrokes and Brobury Sports are giving the Americans’ good chances to win this one, the odds are +111 (11/10). All the eyes in this game will be on the USA team as they face off Algeria.

A low score is expected, with USA winning 1-0 getting the shortest odds in Ladbrokes Correct Score betting at 5/1. Want to bet on who will score the winning goal? Landon Donovan, Jozy Altidore and Clint Dempsey are getting 5/1 odds … will it be a header this time around?

At Brobury Sports, bet on the World Cup and receive a 50% signup bonus on all deposits of at least $100 for up to $500. Or get $25 in free bets from Ladbrokes by making just $5 in World Cup bets – with either deal, you can’t go wrong with these quality sportsbooks.

The 2010 FIFA world cup is on this month with several games taking place every day. For those of you who couldn’t make it all the way down to South Africa we recommend to enjoy the games via world cup live streaming sites such as http://allsport-live.ru/ and http://livefooty.doctor-serv.com/If you are looking to place a bet on one of the games you can find several online sites that provide sportsbetting online like Brobury, Bet365, Bodog and InterTops

For full reviews and detailed information visit our 2010 FIFA world cup betting odds section

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Afrikaans: Wêreldbeker
Arabic: كأس العالم
Bulgarian: Световно първенство
Catalan: Copa del Món
Chinese: 世界杯
Czech: Světový pohár
Danish: Verdenmesterskab
Dutch: Wereldkampioenschap voetbal
Finnish: Maailmancup
Flemish: Weireldkampioenschap sjotten
French: Coupe du Monde
German: Weltmeisterschaft
Greek: Παγκόσμιο Κύπελλο
Hebrew: גביע העולם
Hindi: विश्व कप
Hungarian: Világ Kupa
Icelandic: Heimsmeistarakeppnin
Indonesian: Piala Dunia
Italian: Coppa del Mondo Il Mondiale
Japanese: W杯
Korean: 세계 축구
Lithuanian: Pasaulio čempionatas
Macedonian: Светско првенство
Malay: Piala Dunia
Maltese: Tazza tad-Dinja
Persian: جام جهانی
Portuguese: Copa do Mundo
Romanian: Cupa Mondială
Russian: Кубок мира
Serbian: Светско првенство
Slovakian: Svetový pohár
Slovenian: Svetovni pokal
Spanish: Copa do Mundo La Copa Mundial
Swedish: Världscupen
Thai: ฟุตบอลโลก
Turkish: Dünya Kupası
Ukrainian: Кубок світу
Vietnamese: Cúp bóng đá thế giới

Drop us a comment for any corrections or additions

Check out World Cup Odds

Europe’s most popular entertainment competition is also one of the world’s most wagered-upon TV events: We’re talking about the Eurovision Song Contest here, a talent show watched by as many as 600 million television viewers plus another 75 million or so by online stream.

While the 2010 edition of the contest has a prospective winner pretty much wire to wire – last year, Alexander Rybak of Norway had shorter than 1/1 odds before the final – a heavy favorite has emerged only after the second-favorites,

A brief look at the leading contenders, with odds provided by Paddy Power, follows.

•  Sufara, “Drip Drop,” Azerbaijan. Country that only first entered the Eurovision Song Contest in 2008 has a near-certain winner this year with this easy, sappy ballad.

Representative (translated) lyrics: “I don’t know how to stop / How to stop / These tear drops / That drip drop, drip drop / Drip drop, drip drop.”

Odds: 6/4.

•  Eva Rivas, “Apricot Stone,” Armenia. Sentimental song of homeland and childhood stands a chance against Sufara, if only because it’s in English, a definite boost to any contender in this competition.

Representative lyrics: “Now I see the Northern stars / Shining brightly in the storm / And I’ve got an avatar / Of my love to keep me warm.”

Odds: 8/1.

•  Harel Skaat, “Milim,” Israel. The strongest entry from the pretty-boy category, Skaat has charisma to spare.

Representative (translated) lyrics: “The sadness is here again, the fear is here again / And the end is at my window. / Broken glass and silence again / Exhausted and forsaken in my mind.”

Odds: 12/1.

•  Manga, “We Could be the Same,” Turkey. Sensitive boy band implies a sort of cross-cultural “Romeo & Juliet” love story.

Representative lyrics: “But I know the world could be great / I can love you more than they hate / Doesn’t matter who they’ll blame / We can beat them at their own game.”

Odds: 12/1.

•  Niamh Kavanagh, “It’s for You,” Ireland. The once-dominant country returns to the Eurovision Song Contest final with perhaps its strongest entry in years.

Representative lyrics: “Look into these eyes / Hold onto these hands / Believe in this heartbeat.”

Odds: 14/1.

Other countries represented in the 2010 Eurovision Song Contest final include Cyprus, Denmark, Georgia, Romania and Ukraine. The final round starts at 7pm CET on Saturday night.

1. Sebastien Vettel

A German on the Red Bull team, Vettel is the best in the business. In 2009 his big wins in China and the Abu Dhabi Grand Prix helped bring him to the top.

2. Mark Webber

This Australian on the Red Bull team is often overshadowed by teammate Sebastien Vettel, yet with his consistently excellent performances is still one of the best.

3. Fernando Alonso

A Spaniard on the Ferrari team, Alonso has placed in top 3 of a race a whopping 55 times

4. Jenson Button

With 2010 being his first year on the McLaren team, Button silenced his critics by carrying the weight of his team (yes, over Lewis Hamilton) and miraculously winning races in poor weather conditions

5. Felipe Massa

A Brazilian on the Ferrari team, Massa has bounced back in big-time fashion after a crazy accident in Hungary in which a loose spring from another car hit his head and fractured his skull

6. Robert Kubica

On the Renault team, this Polish man’s second place at round two in Australia shocked everyone and sent reverberations through the Formula 1 racing community.

7. Lewis Hamilton

A confident and feared racer, Hamilton has found his match on the McLaren team with new teammate Jenson Button. His two impressive podiums from the four opening rounds keep him in the top 10

8. Nico Rosberg

A German on the Mercedes GP team, Rosberg looks to continue dominating his teammate Schumacher as he heads to Europe for more races. With his skilled maneuevers on the racetrack Rosberg has a knack for finding the podium almost every race

9. Michael Schumacher

A fan favorite, Schumacher has not done as well on the Mercedes GP team as he initially hoped. However, he heads to Europe with confident expectations and renewed vigor to overtake Rosberg in the standings

10. Adrian Sutil

Sutil has shattered expectations and ignored limitations as he held down the fort for the Force India team in the beginning of the 2010 season. He has already placed 3rd on 4 occasions as well as an incredible comeback 5th place in Malaysia.

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