Sports betting vs. the stock market: Which is riskier?

Related: 4 reasons September could be good for stocks

The betting appeal: Americans bet an estimated $380 billion each year on sports.

The same can’t be said for those who bet big on the Denver Broncos last Super Bowl.

They both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains.

“You can hold onto your betting tickets all your life, but you’re not going to get squat,” said Stovall.

All or nothing: Gambling on sports tends to be a zero-sum game. And in neither instance can you be guaranteed to be correct,” said Randall Fine, managing director of The Fine Point Group, one of the casino industry’s largest consulting firms.

“Betting is more difficult and riskier,” said one resident of Hoboken, New Jersey, who bets on illegal gambling sites and also invests in stocks.

CNNMoney (New York) First published August 31, 2014: 8:14 AM ET

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smscript.src = (“https:” == document.location.protocol ? “https://” : “http://”) + “smartasset.com/embed.js”;. A bettor gambling on the Green Bay Packers will instantly lose his or her entire $500 bet if Aaron Rodgers and his teammates fail to win or cover the spread.

Manning is really, really good at what he does for a living. The stock might go up and down some, but it typically doesn’t go to zero. And of course, they both hate to lose.

In the long run, investors have the chance to make more money because there are fewer downside risks.

“A large, steady company has a low chance of plummeting and causing you to lose all your money, but even Peyton Manning doesn’t cover the spread sometimes,” he said. Which casino in Atlantic City, Las Vegas or Macau pays the bettor 73% of the time?” said Sam Stovall, chief investment strategist at S&P Capital IQ.

And investors have greater access to tools that can minimize the risk of losing money. Gambling on sports may be more fun, but it’s definitely a more risky use of money than putting it in the stock market.

To put it another way, the stock market is a lot more forgiving than the MGM Grand (let alone your local sports bookie). Gambling on football star Peyton Manning to win might seem like a safe bet, especially compared with picking winners in the stock market. While many stocks offer steady returns, investors sometimes hit the jackpot (think: buying Apple back in early 2009 or Tesla in 2012). It’s easy to see why fans may be tempted to gamble on their favorite teams and athletes. He asked for his identity to be withheld due to legal concerns. For example, a stop-loss order instructs a broker to dump a stock when it tumbles below a specific price.

Those are pretty good odds.

Even the unlucky investors who jumped into the market at its peak in October 2007 eventually made their money back when stocks reclaimed their pre-recession levels in 2013.

Such hedging tools are not as readily or even feasible to sports gamblers, Fine said.

Related: How $2 billion Clippers bet could pay off

Gamblers and investors also have far different time horizons.

Related: Apple and 9 other stocks hit new records

Investors also have the ability to spread their money out among many stocks.

“You’re making a wager based on some facts and some intuitions.

“A lot of people regard investing as gambling, but I frequently say no.

At the same time, investing in stocks actually carries higher upside potential. Heck, even his commercials are funny.

A stock can theoretically be held onto for an infinite amount of time, but a sports bet can end in the blink of an eye.

However, someone sinking $500 into Apple stock has little risk of losing that entire initial investment, especially in the short term. People often invest in funds that buy dozens or even hundreds of stocks, which helps reduce the risk.

But take it from one person who has lots of experience in both worlds.

That’s the percentage of time that Stovall’s research shows the S&P 500 — the gold standard in the stock market — has increased in value during the years since 1926.

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But don’t let those similarities fool you

U.S. court nixes request for rehearing on sports betting
| Reuters

U.S. court nixes request for rehearing on sports betting | Reuters

Court of Appeals for the Third Circuit, in court

documents signed by Judge Thomas Hardiman, denied the request

for a rehearing before the larger court.

Markell signed the betting law in May, saying at the time

it would bring in $50 million and help close the state’s budget

shortfall, which for fiscal 2010 has been estimated at $800

million.

The state can offer parlay bets — which depend on the

outcome of several matches — on National Football League

games.

A 1992 federal law known as PASPA prohibits betting on

sports, although that law was grandfathered in Delaware,

Oregon, Montana and Nevada, and allowed them to offer such

wagering if it was limited to plans the states had operated

between 1976 and 1990.

Hardiman was one of the three judges who ruled unanimously

in August that Delaware’s plan violated federal law.

Delaware could ask the U.S. Supreme Court to take the case,

but Markell spokesman Joe Ragolsky said that was unlikely.

The case is In re Office of the Commissioner of Baseball,

et al v.

Delaware offered parlay bets on NFL games for a few months

in 1976. Jack Markell, et al, U.S. The court opinion agreed with the leagues that

Delaware was generally limited to what it offered in 1976, when

it allowed gamblers to bet on winners of several NFL games.

Delaware had planned to allow point-spread bets on

individual games in all major sports from three racetrack

casinos.

The U.S. Jack Markell’s legal counsel,

said in a statement. “We realize that it is rare that the Third

Circuit will hear cases with all 12 active judges, but this was

an important issue for the state of Delaware and we thought the

state should have a chance to make its case at trial.”

. Third Circuit Court of

Appeals, No. 09-3297.

(Reporting by Ben Klayman, editing by Maureen Bavdek)

CHICAGO, Sept 29 Delaware’s appeal of a ruling

that its plan to allow betting on professional sports violates

a federal ban will not be heard, a federal court ruled on

Tuesday.

“It is important to remember that the NFL tried to shut

down Delaware’s sports lottery entirely, but today Delaware has

the only legal sports wagering east of the Rocky Mountains,”

Barlow said of the parlay betting. “The sports lottery has

already — in three weeks — had more wagered than the entire

1976 Delaware sports lottery season.”

The North American professional leagues for baseball,

basketball, football and hockey filed suit to block the state’s

plan, arguing it violated federal law and that it might taint

their sports with accusations of cheating.

The NCAA, or National Collegiate Athletic Association, also

joined the complaint by the leagues.

“Obviously, we are disappointed with today’s ruling,

Michael Barlow, Delaware Gov

How the Sports Betting Line is Made by RJ Bell

How the Sports Betting Line is Made by RJ Bell

In doing so they attempt to make more attractive the team that is getting less action.

Experts working for the individual books having a strong opinion on the game

Oddsmakers at LVSC are professional sports junkies who love what they do and would probably do it for nothing if you asked them, but they do get paid for it. Stated another way, they want to create a line that half the people find appealing to bet one way while the other half find it appealing to bet the other way (known as ‘dividing the action’).

Moving the line is the oddsmaker’s effort to balance betting action, and often times such moves can have a major impact on a bettor’s decision.

Oddsmakers can also change the line depending on various event-related factors such as player injuries or weather.

Power ratings are the oddsmaker’s value of each team and are used as a guide to calculate a “preliminary” pointspread on an upcoming game. Also, adjustments are made after reading each team’s local newspapers to get a sense of what the coaches & players are thinking going into the game.

Once betting begins, sportsbooks can adjust the line at any time. Reasons for such adjustments include:

How the Opening Line Is Made

Individual books having players who consistently bet with certain tendencies (such as an extreme bias toward favorites or toward a certain popular team like USC) . Each of these oddsmakers bring unique opinions, strengths and weaknesses to the process.

Since the oddsmaker’s ultimate goal is equally dividing the betting action, public perception and betting patterns must be taken into account.

Las Vegas Sports Consultants (LVSC) is the world’s premier oddsmaking company and the most respected authority on making the lines.

Once the opening line is released by LVSC, the individual sportsbooks decide if they want to make any adjustments before offering it to the public.

A round-table discussion among the 4-5 oddsmakers involved in making the line for each sport is then conducted and a consensus line is decided upon by the Odds Director before it is released to the sportsbooks. By necessity their approach is very research-oriented and concise, since with millions of dollars at risk there is little margin for error. People think it’s much more complicated, but it’s not.”

The purpose of these adjustments, like all line adjustments, is to more equally divide the betting action.

“The #1 thing for us is to make a line for each game that creates good two-way action. “You either have a passion for it or you don’t,” Seba said. If an oddsmaker comes up with a preliminary line of USC -7, then an adjustment up to -7.5 or -8 would be made in response to the public’s expected USC bias. The power ratings are adjusted after each game a team plays. By moving the line, sportsbooks can influence how the public bets on a particular game. Oddsmakers have to determine if any changes are necessary and send out an “adjusted line.”

The opening line is the first line created by the oddsmakers, which is then sent out to sportsbooks. Mike Seba is a Senior Oddsmaker at LVSC and has been making lines for the last six years. Obviously, if the line comes out a week ahead of the event (which is the case in football), there is much that could happen during the week leading up to the event that could affect the line. Seba explained that it all starts with each oddsmaker creating a line on each game based upon their own personal approach.

RJ Bell

┬ęPregame.com 2006

Website: http://www.Pregame.com

Divided action means the sportsbook is guaranteed a profit on the game because of the fee charged to the bettor (called juice or vig – typically $11 bet to win $10). Examples of non-game factors that would require an adjustment to a team’s power rating are key player injuries and player trades.

The last step in the line-making process for each oddsmaker is taking one final look to determine whether or not the line “feels right.” This is where common sense and past experience with how games are bet enters into the picture. “We’re not trying to pick the team that covers the spread, we’re trying to make it a coin flip, a tough decision (for the bettor).

Contributed by:

“The main objective is that our clients get equal action on both sides,” Seba said.

What Is the Line Trying to Accomplish?

There is a common misconception that point spreads represent the oddsmakers’ prediction of how many points the favorite will win by. We do this by drawing from past experiences and applying them to current situations. Of the 4-5 oddsmakers, generally the 2 most respected opinions are weighed more heavily by the Odds Director before he decides on the final line. In our extended interview, Seba explained that there are 4-5 oddsmakers assigned to make lines for each of the major sports (pro & college football and basketball; MLB, NHL, boxing, golf). For example, the public might have heavy betting interest week after week on a popular college football team such as USC. Of course there is an entire method to the madness on how the opening line is created. That is not the case at all – their intent is NOT to evenly split the ATS result between the teams; rather, their goal is to attract equal betting action on both sides. If we’ve done that, we’ve done our job.”

For example, if the pointspread on a game is 7 and most of the money is coming in on the underdog (taking the +7), sportsbooks will then move the number down to 6 ┬Ż to try and attract money on the favorite. This usually includes having up-to-date power ratings on each team.

Why the Line Changes

Once a game’s power rating based pointspread is determined, the oddsmaker will make adjustments to that line after considering each team’s most recent games played and previous games played against that opponent

Unibet Bets on Bingo Using Software from Parlay Entertainment

Unibet Bets on Bingo Using Software from Parlay Entertainment

The company is one of the largest privately-owned gambling operators in the European market and provides services in 20 languages through www.unibet.com. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. “With its large, international player base, Unibet is an ideal partner to bring this popular form of entertainment to new markets. Parlay Bingo is available in both 75-number and 90-number versions and is complemented by a full suite of lottery and casino games. The addition of online bingo is part of Unibet’s long-term strategy to broaden its product range beyond sports betting.

About Parlay Entertainment

(1) United States Patent No. is the world’s leading developer and dominant licensor of Internet bingo solutions. Parlay is headquartered in Oakville, Canada with offices in Bridgetown, Barbados and Valletta, Malta.

. Unibet provides services in 20 languages and has initially launched Unibet Bingo in Swedish, with other languages to follow. Unibet Group plc has been listed on Stockholmsborsen’s O-list since June 2004. Our multi-player, multi-platform technology is used to power more online bingo sites than any other software provider in the world. Bingo gives us the opportunity to reach out to new demographics and broaden our customer base as well as the opportunity to cross-promote bingo with our existing suite of products,” said Petter Nylander, CEO Unibet.

The addition of Unibet strengthens Parlay’s multi-national customer base. Today, Unibet has more than 1,340,000 customers in over 100 countries. (TSX VENTURE: PEI), the world’s leading supplier of Internet bingo solutions, is pleased to announce that Unibet has added Parlay-powered bingo to its offering of online games. There is significant risk that predictions and other forward-looking statements will not prove to be accurate. More information about Unibet Group plc can be found on www.unibetgroupplc.com

“Online bingo continues to expand into countries that have a strong tradition of land-based bingo,” said Andrew Branscombe, Vice President of Sales for Parlay Entertainment. Moving forward, Unibet will benefit from Parlay’s multilingual capabilities as it deploys its bingo offering in other countries.”

Parlay Entertainment Inc. More brand name companies use Parlay’s leading technology than any other software company in the Internet bingo industry.

The TSX Venture Exchange does not accept any responsibility for the adequacy or accuracy of this release.

Unibet Bingo uses Parlay’s new Swedish Variant Bingo software, featuring the five-part game popular in bingo halls throughout Sweden.

For more information on Parlay solutions and services, please visit our Web site at www.parlaygroup.com

Unibet was founded in 1997 and is an online gambling company with its headquarters in London. Unibet is one of the largest privately owned gambling operators in the European market with more than 1.3 million customers in over 100 countries. Registered users can access the game through the Unibet gaming portal at www.unibet.com.

“We’re pleased to launch Unibet Bingo which will further broaden our ‘moneytainment’ offer. Some of the world’s best-known brands use Parlay Bingo solutions, including Virgin, Yahoo! and MSN.

OAKVILLE, ONTARIO (Market Wire) –

About Unibet

This document may contain statements about expected future events and/or financial and operating results of Parlay Entertainment Inc. As the inventor and patent holder of Internet bingo(1), Parlay is the first company in the world to develop and deploy a commercial Internet bingo product. Unibet is a member of the EBA, European Betting Association and is certified by G4, Global Gaming Guidance Group. 6,585,590 “Method and system for operating a bingo game on the Internet”, with other Patent applications pending in other countries.

Parlay has an eight year proven track record built on the success of our clients: In 2005, more than 2.8 million players wagered nearly $2 billion USD on gaming websites that use Parlay software. Unibet’s activities are licensed in the UK and in Malta.

Founded in 1997, Unibet offers a comprehensive range of online gambling products including sports betting, live betting, casino, poker, lotteries and soft games. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements.

Parlay Entertainment Inc. that are forward-looking

The History Of Racquetball – InfoBarrel

Racquetball is not televised very frequently as it is difficult to film and keep track of the ball moving at high speeds. Eventually the IRA became the American Amateur Racquetball Association which changed its name again in the late 1990s to the United States Racquetball Association. Kendler created the IRA, The International Racquetball Association.

In 1952 Joe founded the IPRA, The International Paddler’s Racquets Association. These associations are the International Racquetball Tournament, the Women’s Professional Racquetball Organization and the Legends Tour. When Racquetball is televised, the U.S. Solidified the rules and created the very first official rule book. Open championships in Memphis, Tennessee is one of the few tournaments that gets air time.

Racquetball was originally created by a man named Joe Sobek. Joe came up with the sport at the Greenwhich YMCA in a handball court. Sobek played both tennis as well as handball but was looking for an extremely fast paced sport that mostly anybody could easily pickup without a large learning curve for the rules. Soon afterwards in 1969 Robert W.

Today Racquetball has not been growing like it was in the 1970s and 1980s but the fan base stays strong with an estimated 5.6 million players.

There are currently three associations that handle professional games. In 1973 Robert left the IRA and formed two other racquetball associations none of which have became as prominent as the IRA. Sobek continued promoting the sport which was easy for most to pickup since over 40,000 handball courts exist across America.

Joe named this sport, ‘Paddle Rackets’ which eventually was renamed ‘Racquetball’ by professional tennis player Bob McInerny . Finally, in 2003, the USRA changed their name for the final time to mimic other Olympic sports associations and coined themselves United States Racquetball (USAR).

The 10 best places to retire

Finally, these retirement spots have economies that have remained relatively vibrant, which means the lifestyle you see today is likely to be around tomorrow.

So our list is an attempt to find the best places for the good life. All have good medical care and most are extremely affordable. After all, if you’re striking out on a new life with new friends, it’s a bonus to be get lots of visits from old friends. But we also focused on lifestyle, on finding places where there is a balance between outdoor recreation, cultural and educational institutions, a good airport, and good public transportation, which isn’t always easy to find in America’s smaller cities.

There are a couple of surprises on the list, and a couple of places where housing is a bit more expensive, but it’s a lot cheaper now than it was five years ago. Both important considerations, sure, but talk to retirees, even in this age of rampaging austerity, and you’ll find most are looking forward to a retirement filled with friends, travel, volunteer opportunities, a wide variety of activities – both physical and intellectual. In other words, a rich life, richly lived. .

Rear view of a couple sitting on deck chairs enjoying vacation

iStockphoto

Whenever experts set out to find “great places to retire,” they tend to dwell on cost of living and health care. We also considered places your friends and family would love to come visit

Cruz gains in online betting, Trump still Republican favorite | Reuters

It was independently created by the Reuters editorial staff. SAP had no editorial involvement in its creation or production.

Betting volumes on both Trump and Cruz hit records for the candidates on Tuesday and Rubio’s volume was his second highest ever.

Ted Cruz’s Super Tuesday victories in his home state of Texas and neighboring Oklahoma strengthened his odds for the Republican presidential nomination on online betting sites but he still trails far behind Donald Trump.

(Reporting by Dan Burns in Washington and Anjali Athavaley in New York; Editing by Peter Cooney and Bill Trott)

On PredictIt.com, operated by Victoria University in Wellington, New Zealand, the predicted chances of the Texas senator winning the nomination for the Nov. 8 election rose to 10 percent as results from Super Tuesday voting continued to be tallied.

Ladbrokes PLC said on Wednesday morning that Trump’s odds of securing the nomination were 1-5. Ireland’s PaddyPower put Trump as a 1-to-7 favorite, with Rubio following at 5-1 and Cruz at 12-1.

Cruz has gained 4 percentage points in the past two days and his predicted chances stood at the highest level on the site since he tumbled to a record low after a weak showing in the South Carolina primary on Feb 20.. Senator Marco Rubio of Florida. major-party convention since 1952 when the Democrats nominated Illinois Governor Adlai Stevenson on the third ballot.

But Trump, who rolled to wins in at least seven states on Super Tuesday, was outdistancing both Cruz and his other top rival, U.S. Rubio came in a distant second at 9-2, followed by Cruz at 25-1.

Other online betting venues also gave Trump, a New York billionaire businessman, the strongest odds of winning the nomination. PredictIt had Trump’s odds of winning the nomination at 76 percent early on Wednesday, down 4 points from Monday’s record high of 80 percent.

This article was funded in part by SAP. Message boards associated with PredictIt featured growing discussion of a possible brokered convention, which can occur when no candidate has won a clear majority of delegates before the start of the party’s nominating convention.

Rubio, who scored his first win in a nominating contest on Tuesday with the Minnesota Republican caucuses, dropped 1 point to 10 percent, a record low for him.

“I am betting against Trump getting the nomination at these odds but only because I think there is a 30 percent chance the GOP elite somehow successfully blocks him at the convention,” said a post from a forum member with the username matthewcooley.

There has not been a brokered U.S

Yearbook Quotes from Parents

- William Butler Yeats

A man who has never gone to school may steal from a freight car; but if he has a university education, he may steal the whole railroad. – William Blake

I hope life isn’t a big joke, because I don’t get it. The lesson is ‘never try’. I am the captain of my soul. – Einstein

One of the most precious moments in the lives of students are the graduation years, and to make them special, a yearbook does a lot. – Theodore Roosevelt

Although the world is full of suffering it is full also of the overcoming of it. – Ambrose Bierce

It is clear the future holds great opportunities. – Homer Simpson

I won’t say ours was a tough school, but we had our own coroner. The other is as though everything is a miracle. He should sweep streets so well that all the hosts of heaven and earth will pause to say, ‘Here lived a great street sweeper that did his job well.’ – Martin Luther King Jr.

Go confidently in the direction of your dreams. – Anonymous

These are just a few yearbook quotes from parents which can be included in a graduation yearbook.

Yearbook Quotes for Seniors

You tried your best and you failed miserably. E. – Maryon Pearson

No matter what you do, no matter how stupid, dumb or damaging you judge it to be, there is a lesson to be learned from it. A yearbook is an annual record made by students or parents, which comprises all memories, notable events, funny yearbook quotes, and experiences. – Robert Orben

Keep your eyes on the stars and your feet on the ground. Yearbook quotes from parents are beautiful sayings that convey what parents feel for their children. No matter what happens to you, no matter how unfair, inequitable or wrong, there’s something you can take from the situation and use for your advancement. One is as though nothing is a miracle. Cummings

The most beautiful discovery true friends make, is that they can grow separately without growing apart. – Theodore Roosevelt

The world needs dreamers and the world needs doers. The trick will be to avoid the pitfalls, seize the opportunities, and get back home by six o’clock. – Dr. – Elisabeth Foley

Improvement makes straight roads, but crooked roads, without improvements, are roads of genius. – Bob Dylan

Life is my college. However, parents can even make their own quotes for the children’s yearbooks, wishing them success in life.

There are only two ways to live your life. – Louisa May Alcott

To be nobody but yourself in a world which is doing its best, night and day, to make you everybody else means to fight the hardest battle which any human being can fight; and never stop fighting. – Author Unknown

You don’t get harmony when everybody sings the same note. Seuss

Never take life seriously. S. D’Angelo

Education, n.: That which discloses the wise and disguises from the foolish their lack of understanding. – Lenny Bruce

The direction in which education starts a man will determine his future life. Smile because it happened. – Helen Keller

A graduation ceremony is an event where the commencement speaker tells thousands of students dressed in identical caps and gowns that ‘individuality’ is the key to success. We used to write essays like: ‘What I’m going to be if I grow up. Live the life you have imagined. But above all, the world needs dreamers who do. May I graduate well, and earn some honors. Eliot

Time is a great teacher, but unfortunately it kills all its pupils. It also holds pitfalls. – Woody Allen

Education is not the filling of a pail, but the lighting of a fire. – Henry David Thoreau. – T. – Plato

School’s out; Memories past; Don’t ever doubt; Our friendship will last. – William Ernest Henley

Don’t cry because it’s over. Nobody gets out alive anyway. – Jack Handey

Funny Yearbook Quotes

Develop a passion for learning. – Louis Hector Berlioz

All that stands between the graduate and the top of the ladder is the ladder. – Anonymous

If a man is called to be a street sweeper, he should sweep streets even as Michelangelo painted, or Beethoven composed music, or Shakespeare wrote poetry. – Doug Floyd

Colleges are like old-age homes, except for the fact that more people die in colleges. – Peter McWilliams

I am the master of my fate. – E. – Anthony J. – Sarah Ban Breathnach

If you haven’t the strength to impose your own terms upon life, you must accept the terms it offers you. Behind every successful man is a surprised woman. If you do, you will never cease to grow

Biggest Gambling Countries In The World

Australia is the craziest country when it comes to gaming and gambling. Reportedly, over 75 percent of adult Canadians took part in the games last year in which the most popular games are lotteries and Scratch and Win cards.

Gaming Losses Per Adult: $1,288

Gaming Losses Per Adult: $1,174

Italy

Gaming Losses Per Adult: $553

Singapore offered the very first casino some years ago which then became the world’s third largest-gaming center after Macau and Las Vegas. In this country, gaming companies bet people on whether the central bank’s interest will increase or not. Although the government has imposed an entry fee of S$100 ($80.50) for citizens entering the casino, the country’s gaming revenue is expected to hit $6.4 billion in 2011 and outpace Las Vegas.

Australia: Biggest Gambling Country in the World

Top Online Gambling Mistakes

Gaming Losses Per Adult: $553

The most favorite gambling activity in Italy is electronic gaming machine. H2 Gambling Capital has released the list of biggest gambling countries due to average gaming losses.

Gaming Losses Per Adult: $568

Related links:

The potash-rich province of Saskatchewan is home to the biggest gamblers in Canada. Otherwise, Australia is the only country that allows online bets on sports but prevents gamblers from using the Internet to place bets during live games.

Finland

Interestingly enough, the country’s national lottery company, Veikkaus, belongs to the government and is operated by the ministry of education. Most profits go to education, arts and culture.

Gambling’s Famous Icons

Canada

Gaming Losses Per Adult: $517

Gaming Losses Per Adult: $1,174

Gaming Losses Per Adult: $1,288

Singapore

Las Vegas is well-known as the gambling industry of the world; however, American people are not the biggest gamblers on Earth. Furthermore, the slot machines named pokies are the most favorite game in Australia with an estimated number of 75-80 percent of problem gamblers. According to business advisory firm MAG Consulenti Associati, the electronic gaming makes up half of Italy’s total gaming revenues in first half of 2011.

Gaming Losses Per Adult: $517

Australia

Gaming Losses Per Adult: $568

Era of Online Gambling