People have been gambling for hundreds, possibly even thousands of years. Paintings from the 15th century depict dice players betting at a table, horseracing has been a national passtime in Great Britain for over three hundred years, many towns and cities now have casinos, and many of us have put some money on our favourite sports team winning a game in the hopes of lining our pockets with the winnings. For generation gamblers have placed bets in bookmakers, casinos, and now, betting web sites.

Some people argue that gambling is not as luck based as it seems. These enthusiasts will spend hours at a time examining the odds and the statistics, all the while preparing the perfect bet to place and the exact amount of money to put down that will not result in a massive loss in the event of failure, but on the other hand, will give a great return if the gamble is successful. (more…)