Monthly Archives: June 2018

How to Stop Making Idiotic Betting Decisions

June 29, 2018

How to Stop Making Idiotic Betting Decisions

The people of the human race are experts at making bad decisions, and we make these in a lot of aspects in our lives, sometimes on an hour to hour base, if we are that unlucky. In many aspects, we have to make a choice and see it through, and this can be clearly seen in gambling and betting. Once a bet is made it cannot change. However, we can combat this strange desire to pick the wrong path by learning strategies http://onlineroulettewheel.co.nz/blog/simple-roulette-strategy/, knowing the rules, and using our heads instead of our hearts.

Betting can be fun, but making the wrong choices can put you off the experience of gambling, and could have the potential to ruin your life, as the horror stories once told you. There are ways to stop making idiotic decisions if you pay attention to your surrounds and yourself. But first:

Why Do We Choose Wrong?

Many of us do not mean, but it is part of our nature and there are reasons for it. It can be the smallest thing such as cheating on a diet when you are close to stripping the last few grams to your ideal weight, to murdering someone. Not saying you would do such a thing, but a bit of over exaggeration gets the point across. There can be three reasons why we pick the wrong side, and these can apply to betting:

  • We want it. There are two kinds of pleasures that we experience, and those are: ‘liking’ which is the state of happiness when you do something, regardless how small. The second one is ‘wanting’. This factor is all about the thrill of the chase, and the excitement behind it. ‘Wanting’ is what can force us make bad decisions such as wagering more than you have, just to feel the risk of a heart attack when the beat speed up.
  • We want what we have not. This is an old, cliché saying that rings true. Betting is about getting a win; a win is usually about getting more of something back and in many of the cases that something is money. Many of us can have enough money to survive the month, but a lot of us want more because we do not have more. Therefore, we risk losing what we have to get more.
  • Once we start, it is hard to stop. Bad choices can have a ripple effect where many people think they can get out of a bad situation by adding to the fire instead of walking away from it. Some think that if they keep playing, they will get their due, but luck is not brought.

As mentioned we do not mean to make the wrong choices, especially when it comes to our wallets. This is why when we place bets we should keep a certain set of rules in mind as not to lose everything. Losing a little is fine, and is part of the game, but more can be harmful.

Mistakes Made While Betting

There are many mistakes that can be made while going to a game night but hopefully this article could help you avoid them. One of the mistakes is not having a limit in terms of money and time. While playing, there is a chance that you could lose, but you have the choice on how much to lose as well as how much to gain. Winners know when to stop, so if you win a bet, best is to go with your winnings.

Time goes by quite quickly when you are having fun, and some places (like casinos) are designed for you to be focused on the game only. This is why having a time limit is helpful so that you are not trapped in a timeless loop. Plus the more time you spend at the betting ring, the more money you are likely to spend.

Some gamblers bet with their heart and not their mind. This is not a good idea since it can backfire many times. Thinking with your heart is not logical and, although gambling is games of chance, it is can also be a game of logic. For example, a horse that has won the past few races could win again, or could lose since they are tried.

That being said having options is a good thing and a great draw to the gambling world, but choosing too many could lead you to confusion and frustration, plus you lose the thrill of the game because you would be to focus on what amount went where and when, etc. Betting should add to the experience of a game, not distract from it.

A major mistake that everyone makes (not only gamblers) is not reading properly. This is an important factor because a slight change to the name of the game is a completely different game than the one you got used to playing. Another thing is that knowing the rules can be to your benefit since it can increase your fun, and if you are lucky your chances. Betting is all about having fun, enjoying the ride, but not making an income. Play safe, play smart and think.

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On this Date: June 28 2006 The Klondike Casino on the Las Vegas Strip Closed

June 28, 2018
Klondike Inn

Klondike Hotel & Casino on the Las Vegas Strip

On this Day, June 28 2006 the Klondike Casino located at the very southern end of the Las Vegas Strip Closed its doors. The Klondike Hotel closed two days later.

Kona Kai Motel

The Klondike opened in 1962 as the Tiki-themed Kona Kai Motel, and included a restaurant and cocktail lounge. Ralph Engelstad purchased the motel in 1967.  In 1973, four motel buildings from Engelstad’s other property, the Flamingo Capri motel (later re-opened as the Imperial Palace Hotel and Casino), were relocated and converted into a one-story motel building for the Kona Kai.

Klondike Inn (1975-1982)

In 1975, John Woodrum split from his business partner, Bill Boyd. Woodrum and another partner, Katsumi Kazama, purchased the motel that year for $1.2 million and renamed it as the Klondike Inn. Woodrum became the sole owner in May 1976.In 1976, Woodrum provided a power line to the Welcome to Fabulous Las Vegas sign, which had not been lit for several years. The county later provided power to the sign.

Klondike Hotel and Casino (1982-2006)

In 1982, Woodrum added a casino and renamed the motel as the Klondike Hotel and Casino.  In September 2004, Leroy’s Horse & Sports Place began operating a sports book at the casino.  In May 2005, Royal Palm Las Vegas LLC bought 5.25 acres of land adjacent to the Klondike for $42 million.

The Klondike closed its casino on June 28, 2006, and the hotel two days later.

Photo by: wikipedia.org

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On this Date: June 28, 1997 Mike Tyson Bites Evander Holyfield Ear Off

Boxer Mike Tyson and Evander Holyfield Boxing

“The Bite” Mike Tyson and Evander Holyfield Fight in Las Vegas on June 28, 1997

On this Date: June 28, 1997, at the Evander Holyfield vs. Mike Tyson fight, Mike Tyson bit off part of Evander Holyfield ear.  The Fight was billed at the ‘The Sound and the Fury” at the MGM Grand Garden Arena for the WBA Heavyweight Championship referee by Lane Mils. But, the fight will go down in history as the “Bite Fight”.

The fight began with Holyfield dominating Tyson. Holyfield won the first three rounds. As the third round was about to begin, Tyson came out of his corner without his mouthpiece.  With forty seconds remaining in the round Holyfield got Tyson in a clinch, and Tyson rolled his head above Holyfield’s shoulder and bit Holyfield on his right ear, a one-inch piece of cartilage from the top of the ear, and spitting out the piece of ear on the ring floor.

The fight was stopped for a few minutes as the referee debated the status of the fight. The fight was resumed. During another clinch, Tyson bit Holyfield’s left ear. Holyfield threw his hands around to get out of the clinch and jumped back. Tyson’s second bite just scarred Holyfield’s ear. Lane did not stop the fight this time, so the two men continued fighting until time expired. The men walked back to their respective corners when the second bite was discovered and the fight was then stopped.

A scuffle broke out in the ring between the Tyson corner , security surrounded Holyfield in his corner and Tyson took swings at the people in his way, but was taken back to his corner by security.

Twenty-five minutes after the brawl ended, announcer Jimmy Lennon Jr. read the decision: “Ladies and gentlemen, this bout has been stopped at the end of round number three, the referee in charge, Mills Lane, disqualifies Mike Tyson for biting Evander Holyfield in both ears, the winner by way of disqualification and still the WBA Champion of the world, Evander ‘The Real Deal’ Holyfield!” Holyfield won the WBA’s boxing championship, prize, money and trophy because of Tyson’s disqualification.

Tyson was sentenced with a permanent suspension from boxing and his license cancelled indefinitely. Tyson was also fined $3,000,000 and had to serve a period of community service. After a year and an appeal in court, Tyson’s license was reinstated.

On October 16, 2009 on The Oprah Winfrey Show Tyson apologized to Holyfield. Holyfield accepted his apology and forgave Tyson. When Tyson and Holyfield retired from boxing they befriended each other and are now close friends today.

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On This Date: June 21, 1996 The Monte Carlo Opened on the Las Vegas Strip

June 21, 2018
Monte Carlo Resort

Monte Carlo Resort and Casino fire broke out on January 25, 2008

The Monte Carlo opened on June 21, 1996 and is a megaresort hotel and casino on the Famous Las Vegas Strip. The hotel has a  102,000-square-foot casino floor with 1,400 slot machines, 60 table games, and 15 poker tables. It is owned and operated by MGM Resorts International. The hotel offers 2,992 guest rooms, including 259 luxury suites.

Recently added is the new T-mobile Arena (650,000 square feet up to 20,000 seats) and The Park occupying space between the Monte Carlo and the New-York New-York Hotel.

MGM said it will redesign the Monte Carlo to create two hotels. The Park MGM hotel will have 2,700 rooms and incorporate some of the Monte Carlo’s European design influences.

The other hotel will be known as The NoMad Las Vegas, which will occupy the top three floors of the existing hotel tower.

Photo by: wikipedia.org

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On This Date: June 20, 2017 The Hottest Temperature Recorded in Las Vegas 117° F

June 20, 2018
Las Vegas Strip

Las Vegas Strip as seen from Henderson – click to view high-res

June 20, 2017, marks the official hottest temperature recorded in Las Vegas at McCarran International Airport was 117 degrees Fahrenheit. Official records date back to 1937 and this was the forth time that Las Vegas has reached this sizzling temperature along with

July 24, 1942
July 19, 2005
June 30, 2013
June 20, 2017

Photo by: LasVegas360.com

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On This Date: June 20, 1947, Mobster Benjamin “Bugsy” Siegel, Shot & Killed in Beverly Hills, CA

Bugsy Siegel Mug Shot

Bugsy Siegel

On this date: Benjamin “Bugsy” Siegel was shot and killed in Beverly Hills, California. In 1945, Bugsy Siegal, was instrumental in establishing the first resort on the now famous Las Vegas Strip with the opening of the Flamingo Hotel & Casino.

Siegel befriended fellow hooligan Meyer Lansky, with whom he established the Bugs-Meyer Gang, a band of ruthless Jewish mobsters that ran a group of contract killers under the name Murder, Inc.

Siegel opened The Flamingo Hotel & Casino at a total cost of $6 million on December 26, 1946. Billed as the world’s most luxurious hotel, the 105-room property and first luxury hotel on the Strip, it was built seven miles from Downtown Las Vegas out the the city limits in Clark County Nevada.

 

Bugsy was brutally killed On the evening of June 20, 1947, when bullets came crashing through his living room window in Beverly Hills. Meanwhile back in Las Vegas, three of Lansky’s cohorts entered the Flamingo Hotel and declared a takeover. Although Lansky denied involvement in the hit, there is little doubt that Siegel was murdered on orders.

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