Gambling: History, Techniques, Casinos, and Their Impact on Native American Affairs Free Essay, Term Paper and Book Report
Over the past twenty or so years, great wealth and improved economic and social conditions have been promised to communities that have embraced legalized gambling. Gamblers who come to casinos with the intention of winning money are habitually disappointed. As casino crime lord, Meyer Lanskys universal gambling truth states: "Gamblers never win, the house never loses" (Winston, 54). Slot Machines and most table games allow players to make bets where the probability of winning is relatively high. Frequent wins are characterized by low payouts. These frequent wins encourage further gambles with low payouts. Frequent winning, low paying games are not the only way casinos get people to keep playing. Nothing less that psychological warfare is going on at casinos across the country. The old days of shaved dice, missing face cards and rigged roulette wheels are long gone.
Gambling is a big business: close to $400 billion a year and growing. Americans outspend all other forms of entertainment and self-education put together on gambling, and the pursuit of profitability in the corporate......
Word Count: 5341
Page Count: 21.3 (250 words a page / double spaced)
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