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Crypto-Games.net Bankroll Investment Update

September 10, 2018RiskingTime

Crypto-Games.net in a cryptocurrency casino where users can invest in the bankroll of the casino. Its a fun investment for crypto enthusiasts who want to “be the house”. I’ve been investing in the Crypto-Games.net bankroll for a few years, and… Continue Reading →

Bitcoin, Gambling, Investing btc, crypto, cryptocurrency, gambling, money

Calculating Payoffs from a Parimutuel Pool

July 11, 2016RiskingTime 1 Comment

Parimutuel betting is a wagering system in which all bets of a particular type are placed together in a pool and payoff odds are calculated by sharing the pool among all winning bets. Parimutuel betting differs from fixed-odds betting in how the final payout… Continue Reading →

Gambling gambling, parimutuel, wagering

Gambling Derision

August 24, 2014RiskingTime

For someone who’s interested in risk management, gambling and casinos provide abundant examples of the psychological element that comes with risk taking.  Especially from those who have a shallow understanding of risk, I often read a lot of derisive commentary about… Continue Reading →

Gambling gambling

Review: Gamblers Fight Back: A Professional Gambler’s Journey of How to Survive and Thrive in the Casino

June 16, 2014RiskingTime

Gamblers Fight Back: A Professional Gambler’s Journey of How to Survive and Thrive in the Casino by Greg Elder My rating: 2 of 5 stars Gamblers Fight Back by Greg Elder is a short book providing some insights into the… Continue Reading →

Book Reviews, Gambling advantage play, book review, gambling

Gambling and Homelessness

June 5, 2014RiskingTime

I was very disappointed to read an article published in the National Post referencing a study published in the Journal of Gambling Studies since the article misrepresents gambling addiction.  The National Post article, referenced below, implies that problem gambling is a… Continue Reading →

Addiction, Gambling gambling, gambling addiction, homelessness

A definition of Gambling

May 7, 2014RiskingTime

What is gambling? Most of my friends describe gambling as “taking risk for money”. But “taking risk for money” doesn’t differentiate gambling from many other risky activities. Gambling is something distinct from simply taking risks, and gambling is usually not… Continue Reading →

Gambling bet, betting, definition of gambling, gambling

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