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2. Pascal's mugging - Wikipedia

   en.wikipedia.org/wiki/Pascal's_mugging

   Pascal's mugging. In philosophy, Pascal's mugging is a thought experiment demonstrating a problem in expected utility maximization. A rational agent should choose actions whose outcomes, when weighted by their probability, have higher utility. But some very unlikely outcomes may have very great utilities, and these utilities can grow faster ...

3. Showdown (poker) - Wikipedia

   en.wikipedia.org/wiki/Showdown_(poker)

   Showdown (poker) In poker, the showdown is a situation when, if more than one player remains after the last betting round, remaining players expose and compare their hands to determine the winner or winners. To win any part of a pot if more than one player has a hand, a player must show all of their cards faceup on the table, whether those ...

4. Gambling - Wikipedia

   en.wikipedia.org/wiki/Gambling

   Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. [ 1]

5. Glossary of Australian and New Zealand punting - Wikipedia

   en.wikipedia.org/wiki/Glossary_of_Australian_and...

   See also Notes External links 0-9 750s: Binoculars with magnification of 7x50 mm. 10-50s: Binoculars with magnification of 10x50 mm. A Acceptor: A horse confirmed by the owner or trainer to be a runner in a race. Aged: A horse seven years old or older. All up: A type of bet where the winnings of one race is carried over to the next race and so forth. Any2: see Duet. Apprentice: A young jockey ...

6. Numbers game - Wikipedia

   en.wikipedia.org/wiki/Numbers_game

   Numbers game. The numbers game, also known as the numbers racket, the Italian lottery, Mafia lottery or the daily number, is a form of illegal gambling or illegal lottery played mostly in poor and working-class neighborhoods in the United States, wherein a bettor attempts to pick three digits to match those that will be randomly drawn the ...

7. Pascal's wager - Wikipedia

   en.wikipedia.org/wiki/Pascal's_wager

   t. e. Pascal's wager is a philosophical argument advanced by Blaise Pascal (1623–1662), seventeenth-century French mathematician, philosopher, physicist, and theologian. [1] This argument posits that individuals essentially engage in a life-defining gamble regarding the belief in the existence of God . Pascal contends that a rational person ...

8. Spread betting - Wikipedia

   en.wikipedia.org/wiki/Spread_betting

   Spread betting. Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting . A point spread is a range of outcomes and the bet is whether the outcome will be ...

9. What's So Special About This Starbuck's Mug? - AOL

   www.aol.com/news/2012-06-15-whats-so-special...

   On the verge of bankruptcy last fall, the American Mug and Stein Company in East Liverpool, Ohio, got a new lease on life, courtesy of Starbucks ().The small ceramics manufacturer was contacted ...