gambling / Casino
A casino is a facility that accommodates certain types of gambling activities.

History of the term casino
The term originally meant a small villa, summerhouse or pavilion built for pleasure, usually on the grounds of a larger Italian villa or palazzo

Gambling in casinos
Playing with house money refers to the situation where a winning player is placing bets with money that has been won from the casino

Casinos not used for gaming
The Copenhagen Casino was a theatre, known for the use made of its hall for mass publicmeetings during the 1848 Revolution which made Denmark a constitutional monarchy. Until 1937 it was a well-known Danish theatre.

gambling / Casino
The gambler's fallacy can be illustrated by considering the repeated toss of a coin. With a fair coin the chances of getting heads are exactly 0.5 (one in two).

Casino games
For example, the official house advantage for a casino game might be 1%, and thus the expected value of return for the gambler is 99% of the total capital wagered.

Funds transfers
Typically, gamblers upload funds to the online gambling company, make bets or play the games that it offers, and then cash out any winnings.

Gambler's fallacy
The gambler's fallacy, also known as the Monte Carlo fallacy, is a formal fallacy.

Gambler's ruin
Basic meaning of gambler's ruin

Gambling about
The term gambling has many different meanings depending on the cultural and historical context in which it is used.

Gambling variables
There are three variables common to all forms of gambling:

Legal aspects
Because many religious authorities generally disapprove of gambling to some extent, andbecause gambling can have adverse social consequences, most legal jurisdictions limit gambling to some extent. Some Islamic nations prohibit gambling; most other countries regulate it.

Legality details
Some states have specific laws against online gambling of any kind. Also, owning an online gaming operation without proper licensing would be illegal, and no states are currently granting online gaming licenses.

Mobile gambling
Mobile gambling refers to gambling done on a remote wirelessly connected device. These devices can include wireless tablet PC's, mobile phones and other non traditional mid-level networked comuting devices. Some online casinos and online poker cardrooms offer mobile options.

Non-examples
There are many scenarios where the gambler's fallacy might superficially seem to apply but does not, including:

online gambling details
Online gambling is a general term for gambling using the Internet.