Gambling Topic In English

Posted on  by admin
Gambling Topic In English Rating: 6,0/10 5645 reviews

Gambling There are many ways of generating money or any other form of property. Some people work hard to make earnings while others invest their already earned resources, let people work on their investments and earn returns on their investments.

oddsodds /ɒdz $ ɑːdz/S3AWL noun [plural]1 →the odds
  1. In addition, gambling is an activity that is mass-marketed by private gambling companies and states as type of leisure activity (Cosgrave (2010). This mass-marketing of gambling sends a message to consumers that gambling is an activity that is accepted and even expected in that particular community.
  2. Odds in Gambling topic From Longman Dictionary of Contemporary English odds /ɒdz $ ɑːdz/ ●●○ S3 AWL noun plural 1 → the odds 2 difficulties difficulties which make a good result seem very unlikely The hospital’s director has been battling against the odds to improve patient care.
  3. Celebration & Gambling Addiction Recovery. People gambling to do more than escape problems – some are gambling on good days, as well. Many people choose to go to casinos, buy lottery tickets or do other gambling activities when they’re in a good mood and looking to continue enjoying their day.
2difficultiesPROBLEMdifficulties which make a good result seem very unlikelyThe hospital’s director has been battling against the odds to improve patient care.The soldiers’ job was to hold on despite impossible odds.3 →be at odds4horse racing etcDGGDSH the numbers that show how much money you will win if you bet on the winner of a horserace or other competitionThe odds are 6–1.odds ofAt odds of 10–1 he bet a hundred pounds.(at) long/short odds (=high or low numbers, that show a high or low risk of losing)Everyone was surprised when Desert Zone won the race, at very long odds.lay/offer (somebody) odds British EnglishThey are laying odds of 8–1 that the Conservatives will win the next election.5 →it makes no odds6 →pay over the oddsCOLLOCATIONS – Meaning 2: difficulties which make a good result seem very unlikelyadjectivesenormous/considerable/incredible oddsHe survived a night in the cold water against incredible odds.great odds (=a lot of difficulties)We must hope that, despite great odds, we can achieve a peaceful settlement.impossible/overwhelming odds (=making success seem extremely unlikely)They face impossible odds simply trying to get an education.They face overwhelming odds in their struggle to preserve the park.verbsbeat/overcome/defy the odds (=succeed despite great difficulties)The baby, born sixteen weeks too early, defied the odds and is celebrating her first birthday.battle/struggle against the odds (=work hard despite great difficulties)The Coastguard was battling against the odds to keep the oil spill from reaching the shore.phrasesagainst all odds (=despite something seeming very unlikely)Against all odds, he recovered from his illness.the odds are stacked against somebody (=there are a lot of difficulties that may prevent someone’s success)They may be able to build a life for themselves, but the odds are stacked against them.

STICPAY as a payment system is widely used in the regulated gambling field. Being a technological company, we are curious about how technology changes the industry. Here are some findings on this topic.


Virtual Reality

Gambling Topic In English

On the market, some online casinos provide an authentic gaming experience where players can explore the virtual casino.

Advantages are:

  • VR technology gives players the chance to enjoy all the experiences of their land-based casino without leaving the house, staying within the comfort of their own home. Online gamblers are able to play face-to-face with their opponents
  • Players are also able to chat with other players - social gambling. A lot of positive users comments on forums showing that they enjoy playing and talking with people around the world.
Possible disadvantages:
  • Expensive for some users: for VR online casino users need to buy the VR equipment (such as headsets, headphones, sensors, controllers etc). In average it costs $400+
  • VR is very immersive

Nowadays, we know players who have VR technology such as Microgaming with a virtual reality roulette game based on Oculus technology, online casino software provider NetEnt with VR games Jack’s World VR and Gonzo’s Quest, SlotsMillion VR, others.


Artificial Intelligence and Machine Learning

Firstly, the development of AI influences the customization of games for users. AI analyses players’ preferences in terms of game selection and offers a personalised welcome page with suggestions according to their preferences. It can help users to save time searching for the right game.

AI can also be used in areas such as customer support. Some casinos already use chatbots to give the answers on queries.

Gambling Topic In English Translation

Two of the most interesting ways AI can be applied in online gambling are:

  • Protection against cheating users: AI software that can track cheating players and detect fraud by analysing patterns, which helps operators to prevent frauding.
  • Detection of gambling addiction: the system can potentially detect players’ behaviour and stages of gambling addiction.


More Blockchain casinos

Blockchain technology is already being utilised in the casino industry, and there are some decentralized betting platforms on the market. Blockchain casinos and bitcoin casinos are different platforms. Bitcoin casinos could not be built on blockchain technology. It could be a standard technology casino which accepts cryptocurrencies as a payment method.

But blockchain casino is operating with a crypto platform, an open-ledger decentralised system which gives the industry such advantages as:

  • actions proceed very fast and anonymous
  • information of transactions is stored in a public smart contract and transparent, users or operators are not able to manipulate data
  • independent auditing of game fairness as everyone can see that slots are randomly generated right in the code of smart contract of casino
  • there are also miners, independent participants in the process who validate actions of users and operators what adds more transparency and decentralization to the process and results of games

However, cryptocurrency and blockchain as technology are a regulated industry and blockchain gambling platforms should be cryptocurrency licensed.

The issue why it doesn't grow so fast is that, at the moment, there are not so many blockchain developers in the gambling industry and still, in many countries, cryptocurrencies and blockchain status is not clear from the regulators’ perspective.


Social and Mobile Gambling

Players can accept challenges, play community slots, participate in discussion boards, chatting in VR. 2020 should also be the year of improvements in mobile gambling. Still, many online casinos offer only browser-based mobile games while more than 60% of traffic is usually mobile.

Telegram app for online casino

Developers can use Telegram API and source code to create Telegram-like messaging applications on Telegram platform free of charge. There are several casinos who made Telegram gambling bots for the Telegram audience community.

Telegram Messenger went further than all other messengers in protecting the user's data from giving it to 3rd party and made all actions end-to-end encrypted. The app became a platform of networking for many gamers, traders and blockchain experts.

Huge community, good usability for building an app and easy authentication processes are the main advantages for online casinos. For users are benefits that they can do slots, read the news or send messages at the same time.

It's still know-how within iGaming software companies but there are a few online casinos built on the Telegram app platform.

Gambling Topic In English Grammar


Here is the list of the main trends once more time:

  • VR
  • AI
  • Blockchain
  • Social and mobile games
  • Telegram casino

Sources:


Gambling Topic In English Language