In the 1970's, the typical age range of people who Gamble was 30-55. Today, it is age 17-70.
Bingo is still alive and well and played by all ages. Bingo may not be the fastest way to generate a win, but the jackpots are large and the cost to play is still low. Daily Jackpots are usually around $2500 but there are some places in Las Vegas that have Jackpots of $20,000.
Combinatorial mathematics tells us that a 52-card deck generates 2,598,960 unique five-card hands, of which 1,098,240 hands can make up any one pair. The probability of a single pair materializing is 42.26 percent.
In 1950, at the Las Vegas Desert Inn, a sailor had made twenty-seven straight passes (wins) with the dice at craps. The odds against such a feat are 12,467,890 to 1. If he would have bet the house limit on each roll he would have earned $268 million! But, he was way to timid with his wagers and he walked away from the table with only $750. The dice today are enshrined in the hotel on a velvet pillow under glass.
Las Vegas has always boasted legendary betting venues for much of the last century. Stories, legends, films and fantasies have been built and lost in of Las Vegas. More than 1.4 million people call Las Vegas home. The average annual temperature is 66 degrees and the average daily humidity is 30%.
Las Vegas Tourist Statistics for 2003:
- Visitor Volume 35,849,691
- Visitor Spending $31,464,678,364
- Hotel Rooms 124,270
- Occupancy Rate Hotel 92.5%
- Occupancy Rate Motel 71.9%
- Total Room Occupancy 89.1%
- Room Nights Occupied 34,463,687
- Average Room Rate $74.30
- Conventions Held 4,149
- Convention Attendance 3,853,363
- Convention Impact $4,289,389,724
- Airline Passengers 36,865,866
- Gross Gaming Revenue $7,673,489,000
Trip Expenditures per Visit - Food / Drink $187.32 (The Circus Circus buffet cattle-feeds more than 12,000 customers per day-that's four million per year).
- Shopping $ 94.00
- Room $74.30
- Shows $38.39
- Sightseeing $9.16
- Average Stay: 3.5 nights/4.5 days
Nights Stayed
- One 11%
- Two 26%
- Three 23%
- Four 20%
- Five or more 20%
- Average Stay: 3.7 Days
Location of Lodging - Strip 73%
- Downtown 14%
- Boulder Hwy 10%
- Other 3%
Transportation to Las Vegas - Air 46% (850 flights a day bring in more than 2.5 million visitors a month. MaCarren airport is the 8th busiest in the world).
- Automobile 43%
- Bus 8%
- RV 4%
Gaming - Gaming Budget per Trip $665.23
- Percent visitors gambled 85%
- Average # Hours per day 4
(America's gambling habit has grown from approximately $80 billion a year in 1986 to $500 billion in 1995).
Visiting - First Time Visitor 21%
- Repeat Visitor 79%
- Number Visits past year 2
- Visitors with Children 10%
It doesn't t matter how you pick your numbers. Your odds of winning are always the same. The selection of the winning numbers is purely by chance. Each number will always have the same chance of being selected meaning there is no system for picking lottery numbers. It's all by chance and luck.
The popularity of online Gambling is increasing rapidly with this year having seen significant growth in Europe and in Asia. It is estimated that online Casino revenue will increase between $6-$10 Billion Dollars in the next 12 months and reach a staggering $20 Billion by 2005.
The latest record was set on July 18th, when Jim L. won an amazing $1,683,524.64 cash jackpot at a popular Online Casino. Jim has become the third winner of over a million and a half dollars cash on the Major Millions slot in a little over a year.
Approximately 5% of people who Gamble will become problem Gamblers (addicts). The addicted Gambler is a person who spends money irresponsibly which impacts on themselves and the people around them.
There are six types of Gamblers:
- Professional - Gambling is the primary source of their income, in other words makes a living of off Gambling.
- Casual Social Gambler - Gambling is one of many forms of entertainment for this type of person and will Gamble infrequently.
- Serious Social Gambler - Gambles as a major source of entertainment for this type of person which will play regularly at one or more types of Gambling and will do so with great intensity and passion.
- Relief/Escape Gambler - Major activity in a person's life of equal importance with family and business but the rest of life goes on without integrity being seriously impaired, much much more than just a pastime.
- Compulsive Gambler - Gambling is the only thing in life and frequently ignores family and work, and often turns to crime to support their habit.
- Antisocial Personality - Life career is getting money by illegal means, for example; these people will Gamble and try to "rig" or cheat at Gambling games.
- Progressively increasing interest and preoccupation with Gambling.
- Use of Gambling as a way to escape problems or relieve depression.
- Inability to stop playing regardless of winning or losing despite constant vows to quit or abstain.
- Restlessness or irritability when attempting to cut down or stop Gambling.
- Lying to everyone to hide the amount of Gambling.
- Relying on others for money to relieve a financial problem that arose due to Gambling.
- Losing or jeopardizing an important relationship due to Gambling.
- Believe that when winning, it will not stop, then keep playing.
- Gambling the next day to win back the money lost Gambling.
All casino slot machines are not created equal. They may look identical on the outside, but they are totally different machines on the inside. Just recently, an unidentified woman from the Las Vegas area, who was a casino regular for 23 years hit a record $27.6 million slot jackpot. She had spent $300 gambling at the Palace Station Hotel and Casino in November 1998, before she cashed in on the $27,582,539.48 jackpot. She was to be paid $1.1 million over 25 years. The previous record had been $14 million for a Super Megabucks progressive slot machine.
The largest "legal" wager ever made was an 8 to 1 money line bet (the outcome of a game without points), that San Francisco would beat San Diego in the Superbowl XXIX. An unidentified gambler wagered $2.4 million at the Mirage in Las Vegas. The 49ers won and the person had a payout of $300,000.
