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Gambling is defined as staking something on a contingency. Also known as betting or wagering, it means risking money on an event that has an uncertain outcome and heavily involves chance. Like investors, gamblers must carefully weigh the amount of capital they want to put into play.
Going All-in: Investing vs. Gambling - Investopedia
investopedia : articles : basics : compare-investing-gambling
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3.1 Wagering is a generic term that encompasses within its ambit, the various acts of gambling and betting. It may or may not require an opposite party. In some instances, the operator conducts the process of gambling through various schemes. It involves people predicting the occurrence or non-occurrence of an event.
Distinction between Wagering, Gambling and Betting | Law Library
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  • Roulette is, at heart, a simple game. So trust French casino-dwellers to develop some rather more intricate ways in which 👄 to play. If you're given the chance to play a French-style roulette table, then you should, as this will probably 👄 give you access to the punter-friendly En Prison/La Partage rules. Combine these with a single zero layout (unlike double-zero American-style 👄 tables), and the house edge falls to around 1.4%. However, if you are taking a spin on a true French 👄 table, you'll find much that's, erm, foreign. And most of this will be due to the existence of bet types 👄 like Voisins du Zero, Tiers du Cylindre, and Orphelins.

    Whereas most roulette tables (in land casinos) assign coloured chips to the 👄 players, so that winning bets can be easily identified, the chips on French tables differ only in the numerical amounts 👄 they have printed on them. With nothing to distinguish one player from another, it becomes important not to have too 👄 many chips on the board at the same time. The need for space partly inspired the invention of an additional 👄 grid, called the 'Racetrack'. This oval-shaped section sits to the side of the main play area. it features all of 👄 the same numbers - 0 to 36 - but within a different layout. Its point is to act as an 👄 extension to the main grid, and to encourage some of the players to switch to exotic 'French Bets'. These French 👄 bets were traditionally referred to as 'Call Bets' or 'Announced Bets', as they were too specialist to be featured on 👄 the main tables, and players had to call out when they wanted to play them.

    So what exactly are these bets, 👄 and what do they consist of?

    The Ins and Outs of Call Bets

    If you look at the main wheel for roulette, 👄 you'll see that it can be broken down into two large slices, along with a couple of smaller segments sitting 👄 between them in the middle. Each of these sections contains a set of numbers that make up one of the 👄 following bets:

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  • He has a really big head.