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Fun casino facts

Fun Casino Facts

By Lifestyle No Comments

Ever since the dawn of mankind, gambling has been one of the favorite types of entertainment. Playing a game against all odds and winning can certainly add a special flavor to an experience. Beating the odds is a challenge of its own. It requires some luck, though. Furthermore, gambling also entails a certain skill and analytical mind. Especially when playing table games. Here are some fun casino facts.

Nature of Casino Games

Gambling is challenging. The biggest challenge in gambling is to figure out the predictive character of each game. Apparently, there are many cases of developing the strategies. Some of those work quite well and players get to take large amounts of money home. Some other techniques failed. Additionally, some of the tryouts even made the news or served as an inspiration for certain movies. Either way, gambling has a long history of ups and downs.

Nevertheless, one thing remained constant: gambling is still one of the rare entertainments that provides both fun and opportunity to earn money.

Casino and Table Games Fun Facts

#1 The four kings in a deck of cards represent the four leaders: Alexander the Great (king of clubs), King Charlemagne (king of hearts), Julius Caesar (king of diamonds), King David (king of spades).

#2 Blackjack was the favorite game of Napoleon. He simply adored the game and even played it while exiled on the island of St. Helena. Historians say that 21 was his favorite distraction.

#3 Twenty-one actually came to North America with French settlers along the Mississippi River. The original rules were quite different. For example, doubling was not forbidden for the dealer or the “house”, a new betting round would happen after the dealing of each card.

#4 Card counting is actually not illegal. This is one of the main misconceptions. However, most casinos are in the hands of private entities. Therefore, they reserve the right to control and ban the entrance to whomever they think is trying to cheat.

#5 Yes, the movie “21” found its inspiration in real-life events and persons. Namely, the MIT students and their professor did form sort of a “company” when they became skilled at counting cards in blackjack. There were also people investing in their operations and they dominated the casinos in the 90ies.

#6 The first casino in the world ever established was Casinò di Venezia in Venice, Italy. It opened its doors in the first half of 17th century. However, gambling does not originate from Italy.

#7 According to archaeological findings, gambling originates from China. Moreover, the oldest evidence dates back to 2300 BC and is related to sort of a lottery. Although we cannot tell for sure whether there had been any older evidence of any form of gambling, the Chinese artifacts and sites are officially the oldest ones.

#8 The first ever $1 million bet was placed in Las Vegas in 1980. The man was William Lee Bergstorm and the Casino in question was Binion’s Horseshoe Casino. He played craps and lost.

#9 The difference between US and European roulette is in a fact that European one has 37 numbers and a single zero, while the US one has 38 numbers including a single and a double zero.  That being said, European roulette is obviously more player-friendly due to the fact it has a single zero which decreases the house edge to the estimated 2.7%

#10 The first country to legalize online gambling was Antigua and Barbuda in 1994.

#11 The biggest revenue in gambling worldwide gets collected in Macau. This place is the administrative area of China. Namely, the yearly revenue exceeds $37.5 billion.

#12  The queens in a deck of cards represent the following women: Pallas (referred to as the “warrior goddess” and considered to be equivalent to the Greek Athena or Roman Minerva), Rachel (biblical mother of Joseph), Argine (no reference to the exact origin), and Judith (of the Apocrypha).

Feel free to add interesting facts in the comments below, should you know any.

Blockchain Promotion Act

Blockchain Promotion Act Is Underway

By News & more No Comments

The interesting thing about tumultuous time we live in is that every now and then lawmakers are falling behind the phenomena which are emerging faster than ever before in history. We have already written about blockchain. It has become inseparable part of financial technology, which is just one of its applications. However, we are yet to see its full potential.

The US Congress Is Moving Forward on Blockchain Promotion Act

Blockchain Promotion Act has been introduced in February this year. Interestingly, this is one of the rare bi-partisan Acts. It means that both the Senate and the House of Representatives introduced and supported it. The necessity to put such a Bill into effect is obvious.

The goal of Blockchain Promotion Act is to offer the overall guidelines in applications of blockchain technology in various industries.  Creating standards in implementing a certain technology is beneficial to both the consumers and the government as the overseeing entity. Senator Ed Markey, a Democrat from Massachusetts and co-sponsor of the bill, was quoted saying: “Blockchain is an exciting new technology with great potential and promise.”

The Blockchain Working Group

In order to explore all aspects of blockchain implementation, the Act also proposes the creation of the Blockchain Working Group.  The Group should work closely with not just the lawmakers and government sectors, but with privately owned companies as well. The goal is to get a better look into how the private entities have introduced blockchain and whether they encountered any challenges on the way. The Group shall also measure the benefits in the process. After a year of research, the Blockchain Working Group should submit a report to the Congress. They would also represent the software providers, academics, representatives of various industry sectors, business owners, etc.

Advantages of Introducing Blockchain in Government Sector

The experts in the field of blockchain claim that this technology has immense number of advantages. Furthermore, the private sector has recognized the possibilities that blockchain offers and transferred either parts of its businesses or the entire processes to blockchain.

The field where this is clearly visible is supply chain management. We have seen giants such as Walmart, or Target introducing blockchain successfully. Additionally, we have also witnessed drug companies exploring the same possibilities. Their goal is to provide the highest possible quality of products. In order to do so, they need to have instant access to various data, such as: provenance of each ingredient/component, as well as to the detailed information on each step of production, distribution, sales and so on. Blockchain can provide that.

Thereupon, when it comes to government sectors, blockchain technology can also help. This help reflects in preventing tax fraud, eliminating sufficient administrative tasks, or keeping storage or important documents in impeccable order.

There was also an example of successful trial period in introducing blockchain in the US National Archives and Records Administration (NARA). The Archive needed the technology which could enable them to prevent falsification of documents while keeping the sources in order. The trial included more than 20,000 docs relating to the J.F. Kennedy’s assassination.

Probably the fastest growing interest in blockchain is in the field of clean energy supply. This is the project that proved successful in the USA and Australia as well.  Consequently, it secured production of energy from clean sources and its distribution among the users of the grid, making many households independent. Washington State is among the most progressive US states in this respect.

The Prediction for Blockchain Promotion Act

It is a fact that the US need The Blockchain Promotion Act. Nevertheless, it still has to pass some time for this Act to become a Bill in effect.  However, the encouraging fact is that there are already bills that have been introduced relating to blockchain technology. Hopefully, we will see this happen soon. Regardless of the fact whether all parties involved are in favor of blockchain and one of its applications – the cryptocurrencies, the technology itself needs to be regulated in order to put it into effect successfully.

Do you think government-controlled entities will benefit from introduction of blockchain?

 

 

Miami Dolphins will feature Litecoin

Miami Dolphins Will Feature Litecoin

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American football has signed on a new star. Namely, as of the 2019 season Miami Dolphins will feature Litecoin as the official cryptocurrency of the team. Thereupon, cryptos are steadily spreading in the real-world and are now entering stadiums. Hard Rock Stadium to be precise.

Whats in It for the Litecoin Foundation  

Litecoin Foundation has reportedly issued a statement claiming that the mentioned partnership will give them the opportunity to access one of the NFL’s “largest and most passionate fan bases”. Advertising to such an audience gives immense opportunities. Moreover, when paired with Miami Dolphins online properties and digital content, analysts confirm that Litecoin would most likely see gains.

Furthermore, The Litecoin Foundation explained that the main focus would be put on “home game attendees”. The Litecoin Foundation in co-operation with Aliant Payments and the Miami Dolphins will give them the opportunity to pay the tickets for the 50/50 raffle online with Litecoin and Bitcoin. The same tickets should be available at 14 kiosk stands at the Hard Rock Stadium. Additionally, half of the proceeds would go to the Miami Dolphins Foundation and its charitable causes.

By being visible to one of the largest fan bases in the USA, Litecoin will most likely become universally recognized. Furthermore, it does have a strong background of generating steady increase. Therefore, any wide acceptance would be justified.

Official Statements Issued on Both Sides

The creator of Litecoin, and the Managing Director of Litecoin Foundation, Charlie Lee explained:

“We’re thrilled to see Litecoin become the official cryptocurrency of the Miami Dolphins. This collaboration propels Litecoin in front of an audience of millions of people around the world at a time where adoption of cryptocurrencies continues to gain momentum and the ecosystem is able to support real world use cases in ways previously not possible. We see this as a powerful way to raise awareness and educate people about Litecoin and cryptocurrencies on a tremendous scale.”

This is not the first time that the Litecoin Foundation partners with sports organization. Namely, they previously teamed up with Ultimate Fighting Championship (UFC). The deal was to display the Litecoin logo in the fighting octagon during the fight involving former light heavyweight champion.

On the other hand, as true sportsmen, Miami Dolphins are all about promoting good cause. As per statements from their Vice President and Chief Information Officer, Kim Rometo, the Dolphins have always been trying to enhance the fan experience. Apparently, this partnership offers the great opportunity to mix sports enthusiasm and entertainment with good causes.

Recap of Litecoin Features

At the moment of writing of this text the price of a Litecoin (LTC) is approximately US$89.22. The market cap is above $5.5 billion. Litecoin was created in 2011. as the cryptocurrency which should offer the quickest confirmation times possible at the lowest fees.  Namely, LTC transaction fees are low to zero.

Litecoin is working as an open source on a decentralized peer-to-peer network. Litecoin is running on blockchain. Its blockchain can handle higher transaction volumes than the BTC one, due to more frequent block generation.

Litecoin has passed a long way since its inception. Nowadays, it is proven to be the standard in global payments. Being fast, secure and anonymous goes a long way in the crypto payments world.

The Litecoin Foundation, it is a non-profit organization developing and promoting Litecoin and blockchain technologies.

Hot and affordable destinations

Hot and Affordable Destinations

By Lifestyle No Comments

We are all eagerly waiting for summer vacation. If you can afford to travel abroad, your head would probably spin amid the plentiful offer. Depending on what your preferences are, you will get to choose from a variety of exotic islands to city getaways. We explored hot and affordable destinations.

If you are into good food, there is no cuisine like the Mediterranean one. In case you like adventure, Central or Latin America can be a good choice. Either way, the chances are you would like to get the most out of your vacation experience for the least money possible. These are some of the destinations that work quite well for both well-off and regular guys.

Bali

The trip to Bali takes time and money. Nevertheless, once you are there, you will see that the place is incredibly inexpensive. Simultaneously, it offers incredible natural beauty. Even if you prefer 5-star hotels, the rates are way lower than at some other popular destinations. For example, a night in one of the popular hotels costs approximately between $150 and $220.

Now, the good part. In case you are not addicted to extreme luxury, you can enjoy the quite a classy experience in one of the rented apartments or houses for as low as $14 a night. As for daily costs, they range from $4.00 to $8.00. The Western meals cost a bit more, but not significantly.

Additional activities, such as diving, for example are available for $6.00 or $7.00. Looking for even more affordable vacation? Try heading from the south to the inland areas of Bali.

Thailand

Regardless of the fact Thailand has been a popular tourist destination for years, it has maintained relatively affordable prices. For the best possible rates, try avoiding the most popular spots. That way, you would be able to get by with $2.00 to $4.00 daily. A simple room costs between $5.00 and $8.00. The average cost of a heavy meal is $4.50.

Greece

Greece is a beautiful place by itself and you cannot go wrong whichever spot you choose. However, in order to save up on some serious money, make sure to avoid Mikonos. It can be quite expensive. Justified, but expensive. In general, Greek islands are more expensive than mainland. However, there are plenty islands to choose from, and many of those are quite affordable.

Greece is lovely in September as well. Therefore, if you wish to save even more money, check out the September deals. The rates are way lower than in high season, which is July and August.

Greece offers a variety of hotels. However, you should know that a 5-star hotel in Greece although quite good, does not contain all amenities and services that hotels of the same rank offer in Turkey, for example. Or Bali, for that matter. Hence, make sure to check the detailed offer in advance.

Furthermore, you can always choose one of the quite affordable studios for your stay in Greece. In September, which is still hot in Greece, a nice room can cost you approximately $17.00 a night. The famous gyros is available for less than $3.00. Greece is famous for a lamb dish, which can be found for the price of app. $10.00.

 

Travelling abroad this Summer? Looking forward to hearing your experiences.

How a relationship affects your friendships

How a Relationship Affects Your Friendships

By Lifestyle 2 Comments

There is nothing more challenging in human relationships than telling if the bond is honest and mutually trustworthy. Choosing a partner can be complicated on its own, let alone making the newly added member fit into the well-established routine and circle of family and friends. How to tell if your relationship affects your friendships is the right question.

You fell in love and think your partner is the most mesmerizing person in the world. However, your friends disagree. You are obviously wearing rose-colored glasses. Good for you! However, in order to keep friends by your side you should consider some of the following aspects every now and then.

Try More Balanced Time Scheduling

It is OK to be eager to spend large amounts of time with your significant other.  However, remember that spending time apart can sometimes do wonders for people in love. And who better to spend that time with than your friends? The phrase that “distance makes hearts grow fonder” was invented for a reason. Solitude can also provide the opportunity to reset your mind and take a closer look at your decisions and acts. The basic self-check can come in handy from time to time.

We know that falling in love is all about emotions and very little reasonable thinking. Nevertheless, keep in mind that your friends have been around for a long time, and for a reason. If you had chosen them to be your friends, you must have valued their opinions. There is no reason not to continue valuing them once you fall in love.  Let them be your correction factors.

Make Sure Not to Be Too Focused on Your S.O. in Conversation

Your friends are there to share the news and offer a shoulder to cry on. They are among the first persons to learn about your adventures, doubts, and so on. However, try not to be boring. Although friends usually like to hear about it, they also like to comment on other topics. Remember the things you used to analyze over and over again before you were struck by love? Or the common interests you had, even if it meant carelessly staring at … well, whatever. There is life apart from your new partner. And there is another part of you that needs to feel independent in order t be able to love. The best advice we heard of was not to give up on oneself.

Be Aware of Early Signs of Abusive Relationship

As we have said earlier in the text, it is fine to want to spend all the time in the world with your romantic partner. Nevertheless, one thing to watch out for is the early sign of abusive behavior.

Manipulators are masters in making you believe that giving up on your friendships was originally your idea. This is serious. No one has the right to isolate you from either friends or family. Regardless of the reasons. If someone deserves that you turn your back on him or her, it should truly be your own decision. Moreover, a large warning sign is the moment when you start to feel bad in a relationship. Friends can help you out in situations like that one. If you feel that your self-esteem is getting lower by the day, turn to your friends. If they are your genuine friends, they would know what advice to give you and will always have your back.

Observe How Your Friends React to Your Partner

Although you may think there is no reason in the world for someone not to like your S.O., someone may find him or her repulsive. Observe how your friends are treating your partner. The important distinction you should make here is whether they do not like your plus one or they do not like the way you behave in his or her company. Either way, it is a challenging situation.

If it is the latter, you should go back to the first advice stated above and refer to solitude and introspection. It is important to keep the character features that make you who you are. If you are changing, it should be for the better.

In case your friends simply do not like your partner, you should consider their reasons. If you do not find them legitimate, then the only thing left to do is avoid the situations where the meeting between your friends and your partner is possible. This will complicate your life, for sure. Eventually, one day, you will most probably, need to choose.

 

Do you let your relationships influence your friendships?