Feb 132014
 

Betting and Gambling

You know you have a large chunk of time and money to devote to online gambling. You know it might take you all day to master your favorite bets as leisure time flies by. But did you know these eight facts about gambling? Some of them might make you raise an eyebrow or two. Not convinced? Scroll down to know!

8. Goa and Sikkim are only legal gambling hubs

The former Portuguese colony, and now one of India’s most frequented beach resorts, Goa, is one of two states (also Sikkim) in India where gambling is legal. The resort’s first casino opened in 1999. Now, the state has 15 casinos that attract 15,000 guests per day.

7. Casino Disk

The poker chip is also known as a “casino disk.”

6. 22-karat gold for the most expensive poker chip

The world’s most expensive poker chip is worth $450,000 and is made out of 22-karat pink gold. The rim of the chip has 17 one-karat diamonds and is framed by 5.13 karats of pink diamonds. The chip was made by Londoner, Gerald Lewy, who went into the diamond setting business during high school, after realizing that his learning disability, dyslexia, wouldn’t get him very far in academia. The poker chip is on the market for $250,000.

5. Gambling in Bollywood culture

Although most gambling is illegal in India—horse betting is allowed—a popular movie theme among Bollywood films have had to do with gambling. One such movie, Teen Patti, is named after the popular Indian card game, which is similar to poker.

4. Go Macau!

Although Las Vegas is known as the world capital of gambling, Macau, China is actually the largest casino town in the world. The Venetian Macao is its main casino and is the largest casino in the world. Macao is the only place in China where gambling is legal.

3. A whopping online market

According to BBC, the online gambling industry is worth £2 billion. One major player in that industry is Bet Fair, which raked in £387 million in the 2013 fiscal year. You can read more about that here.

2. Las Vegas is America’s suicide capital

The world capital of gambling, Las Vegas, is also known as the suicide capital of the U.S. Some studies have shown that residing in Las Vegas increases suicide risk by 50 percent, while visiting Las Vegas nearly doubles the risk for suicide. One would think that one of the reasons for high suicide rates among visitors is due to depression from losing large amounts of money. This is not the case. Most of the time, visitors who commit suicide have traveled to Las Vegas as their final grand spending spree and have already planned to take their lives before they’ve arrived to the city.

1. First casino was opened in 1638

It is widely believed that the first casino ever built is located in Venice, Italy. Casino di Venezia opened its doors in 1638, and remains a fully functioning casino.

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