The Business Behind Gambling

Gambling, you told yourself you’d never do it, Right… Well did you know that at least 47% of Brits have gambled in some way in the last 4 weeks. pretty much subjecting 1 out of 2 of you reading have gambled with the last 4 weeks. Now averagely people of Britain’s will only spend around £2.60 per week on gambling totaling at around £135.20 a year, so nothing crazy, But people who are addicted to the rush and thrill of winning “Free Money” end up costing Britain's around £1.2 billion per year. But again, it’s not all well and bad don’t you worry your money isn’t all going to another person’s pocket, as the national lottery gave £1.6 to good causes in 2018/2019.

Now just a brief catch up with how we got here

So for that we are having to take a huge jump back in time, back to the Paleolithic period In Mesopotamia, so this is tracking back around 3000BC when the first 6 side dice was around and people could make bets purely off of chance and this idea of gambling was born. So throughout time this idea was spread and became more controlled and regulated on things you could and couldn’t do, being more rewarded for taking higher risk for example. So if you take a look a lot of early gambling odds was the game “Black Jacks” and the odds that were given out was 10 to 1 which is a fair amount of chance for those who think 10 to 1 is “Fair”.

But gambling isn’t all that bad because imagine if you won, you could buy this that and the other, go here there everywhere and this is why gambling is such a stage world because you’ll always have people winning and losing… mostly losing but this is why the gambling would is so amazing and interesting.