veggiepatch1959
First Grade
- Messages
- 9,841
After all the furore over the past month regarding Tom Waterhouse sticking his nose into Rugby League, here's my two bob's worth.
Most critics of Tom Waterhouse state "f**k gambling", "It kills individuals and families" and so on. However, no one has said boo about the bet365.com advertisement which has been aired during free-to-air NRL games.
I have stated in another thread that, again, no one has a whinge about licenced premises advertising on FTA about their "spacious gaming lounges", etc.
Meanwhile, back to gambling vs punting. Gambling is a form of wagering where one "invests" money on an event with an uncertain outcome based on random results. Such forms of wagering include pokies, keno, lotto and bingo.
When compared to punting, i.e. horse, trots and greyhound racing, and sports betting (NRL, EPL, tennis, golf, etc.) there is a major difference!
Randomness versus statistical trends.
Have anyone ever seen a form guide for a poker machine? What was its last five payouts and when? No. Historical keno and lotto results are readily available on the internet but what purpose do they serve when such gaming is supposedly a random event? With keno, the 20 numbers from 1 through to 20 have as much probability as occurring as any other 20 numbers on any given draw. Same with lotto...previous draws have diddly squat influence on future draws.
With sports betting, especially horse racing, we have available copious amounts of data which will point to a potential winner through publications and the internet. Of course, where a sporting event had associated betting, there is always the potential for the criminal element to influence the participants into swaying the results in their favour. However, statistics will provide a win compared to a random event.
In summary, we have informed betting (horse racing, sports betting, etc.) versus uninformed betting (pokies, keno, lotto, etc.).
The punter has control on his/her choices rather than those who persue random gaming options, unless they go mystery bets, names, numbers or saddlecloth colours...idiots.
That's all from me and feel free to discuss.
Most critics of Tom Waterhouse state "f**k gambling", "It kills individuals and families" and so on. However, no one has said boo about the bet365.com advertisement which has been aired during free-to-air NRL games.
I have stated in another thread that, again, no one has a whinge about licenced premises advertising on FTA about their "spacious gaming lounges", etc.
Meanwhile, back to gambling vs punting. Gambling is a form of wagering where one "invests" money on an event with an uncertain outcome based on random results. Such forms of wagering include pokies, keno, lotto and bingo.
When compared to punting, i.e. horse, trots and greyhound racing, and sports betting (NRL, EPL, tennis, golf, etc.) there is a major difference!
Randomness versus statistical trends.
Have anyone ever seen a form guide for a poker machine? What was its last five payouts and when? No. Historical keno and lotto results are readily available on the internet but what purpose do they serve when such gaming is supposedly a random event? With keno, the 20 numbers from 1 through to 20 have as much probability as occurring as any other 20 numbers on any given draw. Same with lotto...previous draws have diddly squat influence on future draws.
With sports betting, especially horse racing, we have available copious amounts of data which will point to a potential winner through publications and the internet. Of course, where a sporting event had associated betting, there is always the potential for the criminal element to influence the participants into swaying the results in their favour. However, statistics will provide a win compared to a random event.
In summary, we have informed betting (horse racing, sports betting, etc.) versus uninformed betting (pokies, keno, lotto, etc.).
The punter has control on his/her choices rather than those who persue random gaming options, unless they go mystery bets, names, numbers or saddlecloth colours...idiots.
That's all from me and feel free to discuss.
