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Gambling is the wagering of something of value on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration, risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season.
A mojo, in the African-American spiritual practice called Hoodoo, is an amulet consisting of a flannel bag containing one or more magical items. It is a "prayer in a bag", or a spell that can be carried with or on the host's body. Alternative American names for the mojo bag include gris-gris bag, hand, mojo hand, toby, nation sack,conjure hand, lucky hand, conjure bag, juju bag, trick bag, tricken bag, root bag, and jomo. The word mojo also refers to magic and charms. Mojo containers are bags, gourds, bottles, shells, and other containers. The making of mojo bags in Hoodoo is a system of African-American occult magic. The creation of mojo bags is an esoteric system that involves sometimes housing spirits inside of bags for either protection, healing, or harm and to consult with spirits. Other times mojo bags are created to manifest results in a person's life such as good-luck, money or love.
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays out bets on sporting and other events at agreed-upon odds.
Arnold Rothstein, nicknamed "The Brain", was an American racketeer, crime boss, businessman, and gambler who became a kingpin of the Jewish mob in New York City. Rothstein was widely reputed to have organized corruption in professional athletics, including conspiring to fix the 1919 World Series. He was also a mentor of future crime bosses Lucky Luciano, Meyer Lansky, Frank Costello, Bugsy Siegel and numerous others.
A diplomatic bag, also known as a diplomatic pouch, is a container with certain legal protections used for carrying official correspondence or other items between a diplomatic mission and its home government or other diplomatic, consular, or otherwise official entity. The physical concept of a "diplomatic bag" is flexible and it can take many forms.
In gambling, a Dutch book or lock is a set of odds and bets, established by the bookmaker, that ensures that the bookmaker will profit—at the expense of the gamblers—regardless of the outcome of the event on which the gamblers bet. It is associated with probabilities implied by the odds not being coherent.
A handbag, commonly known as a purse in North American English, is a handled medium-to-large bag used to carry personal items. It has also been called a pocketbook in parts of the U.S.
Sports betting is the activity of predicting sports results and placing a wager on the outcome.
Black bag operations or black bag jobs are covert or clandestine entries into structures to obtain information for human intelligence operations.
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos, and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today, the market is worth around $40 billion globally each year, according to various estimates.
Gambling in the United Kingdom is regulated by the Gambling Commission on behalf of the government's Department for Digital, Culture, Media and Sport (DCMS) under the Gambling Act 2005. This Act of Parliament significantly updated the UK's gambling laws, including the introduction of a new structure of protections for children and vulnerable adults, as well as bringing the burgeoning Internet gaming sector within British regulation for the first time.
In the United States, gambling is subject to a variety of legal restrictions. In 2008, gambling activities generated gross revenues of $92.27 billion in the United States.
The 1915 British football betting scandal occurred when a Football League First Division match between Manchester United and Liverpool at Old Trafford on 2 April 1915 was fixed in United's favour, with players from both sides benefiting from bets placed upon the result. In all, seven players were found to have participated in the scandal and all were subsequently banned for life, although most later had their bans overturned.
Helen Monica Mabel Vernet (1875–1956) was the first woman in the history of horse racing in Great Britain to be granted a license to legally carry out business as a bookmaker on a racecourse.
Centsports was a company founded in late November 2007 by Texas A&M graduate Victor Palmer. It was notable for being regarded as providing a legal way to play online gambling and sports betting games in the United States. In August 2011, CentSports was acquired by FreeSportsBet.com.
Gambling on papal elections has at least a 500-year history. Betting on 16th-century papal conclaves are among the first documented examples of gambling on election outcomes. During the same period, gambling was also common on the outcomes of secular Italian elections, such as that of the Doge of Venice.
Gambling in Metro Manila has been regulated since 1976 when the Philippine Amusement and Gaming Corporation (PAGCOR) was created through Presidential Decree 1067. Under its charter promulgated in 1983, the 100% state-owned PAGCOR, running under the direct supervision of the Office of the President, serves three crucial roles: to regulate and operate all games of chance in the country, particularly casino gaming; generate funds for the government's infrastructure and socio-civic projects; and boost local tourism.
The Betting and Lotteries Act 1934 was an Act of the Parliament of the United Kingdom and had three sections: Betting, Lotteries and Prize Competitions, and General.
The history of gambling in the United Kingdom goes back centuries, as do efforts to deplore it, and regulate it.
The history of gambling in the United States covers gambling and gaming since the colonial period.
References
- 1 2 Huggins, Mike (2003). Horseracing and the British, 1919-39: Off-Course Betting, Bookmaking, and the British. Manchester: Manchester University Press. p. 79. ISBN 0719065283.
- ↑ Dudgeon, Piers (2012). Our Liverpool: Memories of Life in Disappearing Britain. Headline. ISBN 9780755364442.
- ↑ Wood, Greg; Paley, Tony (4 January 2012). "Talking Horses". The Guardian . Retrieved 2 August 2023.
I know this book to be very readable because my brother bought it for my Dad for Christmas and he's already given me a lecture about what a clock bag is and how it worked.
- ↑ "Criminal Law and Practice in Scotland: Betting - Cash or Credit?". The Police Journal. 12 (4): 391–399. 1939. doi:10.1177/0032258X3901200402.
- 1 2 Clapson, Mark (1992). A Bit of a Flutter: Popular Gambling and English Society, c. 1823-1961. Manchester: Manchester University Press. ISBN 0719034361.
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