Gambling on the Game Losing to Win (or not) - 1156 Words

The 1919 fix of the World Series by the Chicago White Sox against the Cincinnati Reds was one of the most infamous events in the history of American sport. Though it was not the first (nor was it likely the last) fix in the game’s history, it had a far greater negative impact on the game’s perception throughout America than any other preceding or proceeding fix. Americans were forced to come to grips that their game—America’s game—was flawed, and that its reputation had been compromised by a few people chasing the almighty dollar. As Eliot Asinof said in a 1988 interview and as he portrayed in his Eight Men Out, however, the eight players who came together to throw the series were not out to ruin the game they loved. It was not that†¦show more content†¦More than any other single outside force, he was the reason his players put their careers on the line. With his star players in their primes, at the height of their earning power, Commy stil l justified paying his best players about half of what other owners paid their top guys. Even players on teams in the league cellar were making comparable sums. When his team won the pennant in 1917, for which he had promised them a bonus, he gave them a case of champagne, and when Eddie Cicotte neared thirty victories for the season, for which he would have been due a $10,000, Comiskey sat him down to ensure he did not reach the figure. The movie represented these as occurrences from the 1919 season (and also represented the champagne as flat), and even though that was inaccurate, it still got across the point that Comiskey was unwilling to spend money to keep his pennant-winning team happy. Thus, when the opportunity came for the ballplayers nearly to double or even triple their salaries, they took advantage, especially after nearly striking for better pay in mid-season (another aspect the movie glossed over). The gamblers swooped in and did what they always did by taking advanta ge of others, manipulating their situation for profit. Even though these eight ballplayers were in error, their motivations for fixing the World Series were clear, and in some ways, quite logical. Ultimately, in a tragic twist of fate, theShow MoreRelatedWhat A Stealth Gambling System1163 Words   |  5 Pagesis to ask what a stealth gambling system is. This refers to winning money in a casino without drawing too much attention to yourself. I first began developing an approach to casino gambling after many losing trips to Las Vegas from my home in California. In fact, I don t remember having a single winning trip. After one too many losing excursions to the gambling Mecca, I began to become curious about which games I was losing the most money at, and which games I was losing the fewest dollars playingRead MoreGambling Is When People Play Games For A Chance For Win Money1506 Words   |  7 PagesGambling is when people play games for a chance to win money. People think that people can’t win because of the advantages the casinos have. The odds of winning on a slot machine is about 1 to 262,144. WIth odds like that, it would be hard to win in most of the games you play there. Most games in casinos either depend on luck or is on a slot machine. People have to get really lucky in order to win a jackpot. There are some advantages to the casinos though. People have found ways to win jackpots inRead MoreThe American Ga ming Association ( Aga )1465 Words   |  6 Pagesof sports in a negative way. Sport betting has been a part of many scandals in American sports. Athletes, coaches, and referees in various sports have been involved in different scandals through fixing games to change the outcome. To ‘fix’ a game is when gamblers predetermine the outcome of a game by paying money to players, referees, or anyone that can change the outcome. For example, in the 1919 Major League Baseball World Series, the Chicago White Sox lost against the Cincinnati Reds in a scandalRead MoreIllegal Gambling : A Large Amount Of Money Going Into Gambling931 Words   |  4 Pagesmoney going into gambling -more and more money has been spent from the consumer’s point of view – almost $2 billion -What are people gambling on? -Scratchers, 649, casinos → slot machines†¦ etc November 27, 2013 UBC and Gambling -BCLC gave UBC $2 million dollars for new Gambling Research centre at UBC Gambling in Canada -There is a large amount of money going into gambling -more and more money has been spent from the consumer’s point of view – almost $2 billion -What are people gambling on? -ScratchersRead MoreGambling Addiction918 Words   |  4 Pages Gambling can be a compulsion where people are so obsessed with gambling that they gamble for a high; much like people who have alcohol, drug, and nicotine addictions. A person who gambles for the sheer urge to gamble despite harmful negative consequences or a desire to stop is considered to have gambling addiction or ludomania. A person with ludomania loves the rush of a win over everything else in life. The addiction causes the person to choose the excitement over responsibility. Families, jobsRead More Gambling and the Brain1523 Words   |  7 PagesGambling and the Brain Why do gamblers bet more after they just lost a hand? Why do investors throw good money after bad? Why do people believe that a string of losses makes a win more likely? Why do so many people say that they will win their money back in the next hand? Is part of the appeal of gambling its unpredictability? Or do we just look at it as a way to get rich quick? The answer to these questions may lie in the science of the brain. Some studies indicate that gamblers bet moreRead MoreThe Rules of Playing Online Roulette641 Words   |  3 Pagestechnology has made online gambling one of the lucrative business on the Internet. When people are sitting free and are looking for something fun-filled to do, online gambling can certainly help. There are so many games available to play but when you are looking for something interesting then online roulette should be the game you should opt for. It is one of the most widely played games in land-based casinos and at online casinos. Here we discuss the r ules and the ways of how this game is played. The rulesRead MoreHow Does And Probability Make You Win Money On Blackjack? Essay1428 Words   |  6 PagesThe research question for this internal assessment is: How does and probability make you win money on Blackjack? Blackjack is the most common gambling game at casinos around the world. The aim of this game is to get as close to 21 without going over. You play against the dealer. Therefore, as in many other casino games, probability has to be taken in consideration to be aware of the possible outcomes in regard to cards and money. In the moment of truth, many players tend to hesitate, speculate andRead More Gambling in the United States Essay570 Words   |  3 PagesGambling in the United States   Ã‚  Ã‚  Ã‚  Ã‚  Gambling has increased in the last couple of years. Is it because people are addicted? There are two types of gambling: Compulsive Gambling and pathological gambling. Compulsive Gambling is when people have a hard time resisting to gamble. Pathological Gambling is when there is a need to gamble for money or for large amounts of money. Also people don’t know when to quit when they are pathological gamblers. Both types of gambling have major side effects, and canRead MoreEssay Cheating in Sports1397 Words   |  6 Pagesgoverned by sets of rules or customs and often, competition. Sports have always been a way to connect us to our past and to build optimism about the future. Sport’s a way to bond the people despite differences in race, age and gender. However, today the game that is supposed to teach character, discipline and team work is teaching cheating. And in today’s world, with fame, endorsement, drugs and so much to gain, it is not surpri sing that athletes are cheating in sports. Cheating in sports is not new thing;

Free Enterprise in United States Free Essays

â€Å"Work hard, save your money, and you can become wealthy – or, at least, â€Å"independent! † This is the motto of old-fashioned, â€Å"free enterprise. † It expresses the idea that everybody in a capitalist society can participate and compete on the same terms with similar chances of success. It implies that the working class is just a collection of individuals who have not yet established their independence (worked their way up) through â€Å"individual initiative,† rather than a being permanent class. We will write a custom essay sample on Free Enterprise in United States or any similar topic only for you Order Now In the early 19th Century, most Americans (including Abraham Lincoln, for instance) believed this. They thought opportunities under capitalism would keep expanding forever. But what is the reality behind this capitalist thinking? In the past, working people in America have had more opportunity to go into business or to get land for farming than anywhere else in the developed world. At the time the U. S. Constitution was written, it was generally assumed that only property owners should have the right to vote and participate in government. The â€Å"Free Labor† thinking of the Republican Party before the Civil War was basically a form of the capitalist work ethic. It meant that if 1) you were free yourself; 2) your country was â€Å"free†; and, 3) there was no slave labor to take your livelihood, you could â€Å"make something of yourself,† and become a capitalist or, at least, an independent producer, professional or artist. Americans in the North at that time were influenced by this capitalist â€Å"work-ethic† to under-estimate the energy of the South. They thought (as the capitalist â€Å"work-ethic† would lead them to believe) that the poverty and economic decline of the South were probably due to laziness and that this indicated that the North should be able to easily defeat the South. But the Civil War proved that Southerners were not â€Å"lazy;† it was the slave system (lacking science and industry) that caused many of the economic problems there. The capitalist â€Å"work-ethic† also caused Northerners to overlook the only chance for real progress in the South during the â€Å"Reconstruction† — taking of the lands of former slave-owners, and their distribution to Blacks and poor Whites. They assumed, as did Abraham Lincoln, that anyone with ambition would simply work his way up. They could not understand that capitalism naturally limited opportunities, because the majority would have to be workers, not capitalists. With no land or other economic basis to start from, most workers in the South would have no way of lifting themselves from poverty. Strong competition with other capitalists, who are constantly trying to gain a larger market by offering a cheaper product, forces the beginner to keep putting everything back into his business. He must invest in more modern equipment in order to be able to produce more cheaply with higher quality, and on a larger scale. He must do this in order to improve his product or services, and also capture a larger share of the market, until he has reached a level where there is no immediate threat of being put out of business by his competition. This means having the most modern machinery and getting the most productivity out of his workers. This huge need for capital also forces the capitalist to rely more and more on third parties. Making the capitalist borrow from banks to keep his capitol at a safe amount. They simply hire employees to make all the management decisions, design and develop the product, etc. Free enterprise† thinking forgets that a worker has only his labor-power to sell in order to earn his living. He competes with other workers to sell his labor-power at the cheapest price. The average price of labor-power (the worker’s wages) is the amount that it takes to â€Å"make ends meet† under the given social settings in a country. The laws of economics determine that if the worker works faster, he creates a cheaper product. But this eventually cheapens the amount which the capitalist must pay him in wages because there are always unemployed workers somewhere willing to work for the bare necessities. Working faster increases competition without increasing their earnings. Because of these realities, workers learn to â€Å"work smart† according to their own understanding. Working smart for the worker means withholding his labor power, working more slowly and learning the tricks of the trade, better known as bargaining. These things raise the price of his labor-power. This in turn forces the capitalist to concentrate more on improving productivity through better machinery and production processes in order to increase his profits. How to cite Free Enterprise in United States, Essay examples

Bill Gates Essay Research Paper He is free essay sample

Bill Gates Essay, Research Paper He is the richest adult male in the universe. His former friends, who are now his enemies, hatred to even hear The Digital World of Bill Gates his name. His company wants to be with you in your office, your auto, and even your kitchen. His name is Bill Gates. There is a batch more to Bill Gates than being the richest adult male in the universe. He is one of the people responsible for puting off the computing machine revolution, and by making that, he every bit changed the manner world lives everlastingly. Who is Bill Gates? Most people do non even know what it is that he does. This paper will speak about Bill Gates # 8217 ; beginnings in computing machines, his pioneering in the computing machine industry, the creative activity of Microsoft, and his extraordinary wealth.. William Henry Gates, III was born October 28, 1955 in Seattle, Washington. He was the in-between kid of three Borns to William and Mary Gates. William was a attorney and Mary was a socialite parttime instructor. Trey, as he was called because of the III, was sent to a private school by his parents. At age 13, Bill had wholly taught himself programming after taking a computing machine survey category at Lakeside School ( an expensive private school in Seattle ) . Within a twelvemonth, he and a adult male by the name of Paul Allan formed the Lakeside Programmer # 8217 ; s Group. The group was commissioned by the town to make a traffic-monitoring plan. They constructed an application called Traf-o-Data that calculated the figure of autos going down a route and would so give the best timing for a brake light. In 1970, Bill # 8217 ; s parents stated that he was going excessively addicted to computing machines and made him give up his compulsion. With the same enthusiasm he had placed into computing machines, he dove into his high school categories, accomplishing better than he of all time had before. Even though he tried to be # 8220 ; normal # 8221 ; in high school, he was still really much considered an castaway to those who did non cognize him. They thought of him as narcissistic and nerdy. However, those who did cognize him thought of him as energetic and a hazard taker. After hiting a perfect 800 on the mathematics half of the SAT, he graduated from Lakeside School and enrolled at Harvard University as a pre-law major. As a pupil here, Gates was phenomenal. He received an A in an economics category without even go toing and he crammed the dark before the concluding test. In June 1975, Bill Gates dropped out of Harvard to prosecute a calling in computing machines full clip. His best friend throughout life has been Paul Allan. Subsequently, it would be these two work forces who created the multi-billion dollar company, Microsoft. While still at Harvard Bill had been working on a new plan he called # 8220 ; BASIC # 8221 ; ( Beginner # 8217 ; s All-Purpose Symbolic Instruction Code ) , a new scheduling linguistic communication. He subsequently purchased a merchandise and rights to a radical new disc operating system called 86-QDOS from Seattle Computer Products and changed the name to MS-DOS. He so resold the merchandise for net income. Keeping the rights, he got to have royalties in add-on to the sale monetary value of MS-DOS. Even today, net incomes are still coming in from the sale of the original 86-QDOS. Subsequently in the life of Microsoft, Bill Gates developed a new Graphical User Interface for a disc operating system. He called it Windows. The first two versions earned him a little sum of money, but the major kitty came from the ulterior versions, such as Windows 3.1, Windows 95, and now Windows 98. This new graphical manner was frequently imitated but none so far have had the remaining power Windows has. Not merely has Bill Gates changed the computing machine market for persons, but with Windows NT ( a version of Windows geared for networking in the concern environment ) , he has focused in on the concern universe every bit good. As of April 12, 1999, Bill Gates is deserving one hundred five billion dollars. This underestimates Bill Gates # 8217 ; wealth because it merely counts his retentions of Microsoft stock as of 1995 ( it is assumed if he has sold stock since so he has invested it in assets that perform about every bit good as Microsoft ) . The autos, houses, choppers, aircraft bearers, islands, and little European states that he bought before 1995 are non included. Bill Gates is the richest adult male in the universe, and looking at his house, it shows. There was about five 100 thousand pess of timber used for his house, all of it being five hundred year-old Douglas Fir, sanded to a satin coating. The five estates have been planted with native trees including Douglas Fir, alder and maple, all kept in their natural visual aspect. Since the house is in an temblor part, the full foundation is concrete. All the roofing in his house is unstained steel. The house is located in Medina, Washington and is at an estimated cost of $ 100 million dollars, which is less than one per centum of his quarterly net incomes. Features of the house include a twenty-seat theatre with a popcorn machine, a one 1000 square pes dining room, and a two thousand three hundred square foot response hall with a 22 pes picture show, made out of 24 separate forty-inch projection telecastings. There is besides a nine hundred square foot multi-purpose room, which was originally intended to be an art gallery. He has three separate garages, one of which holds 30 autos. It is a immense six thousand three hundred square pess. His exercising installation includes a sweat room, steam room, and a trampoline room with a twenty-foot ceiling. Gates discoveries resiling good for concentration, as others find swaying in a chair the same manner. There is besides a three thousand nine hundred square pes indoor pool that # 8217 ; s connected to an out-of-door pool via a glass ceiling that you can swim under to make either side. The pool besides has its ain underwater music system. Attached to his piece of land that touches Lake Washin gton is a boathouse and besides a semisynthetic beach with imported driftwood. A billionaire # 8217 ; s sign of the zodiac would non be complete without a library. Gates hired a New York rare books store to stock up his two thousand one hundred square pes library. It is domed, has a hearth and two secret swiveling bookshelves, buttocks is concealed some of his secret hoarded wealths. One of which, being the sixteenth-century notebook of Leonardo district attorney Vinci he purchased for 30 million dollars. One of his favourite books is The Great Gatsby, and around the base of the library he has inscribed the last line from the novel, # 8220 ; He had come a long manner to this bluish lawn and his dream must hold seemed so near he could barely neglect to hold on it # 8221 ; , possibly because he found it suiting to his ain life. The bosom of the house is the engineering. There are stat mis of communicating overseas telegrams, which are for computing machine waiters. Upon come ining the house, occupants and invitees wear an electronic pin programmed with things such as favourite music, art, and telecasting shows. Located in assorted suites are wall shows that scan the pin and get down playing the individual # 8217 ; s favourite music, telecasting show, or expose their favourite art on picture screens in the room. The pin besides controls the clime of the room and merely allows the phone nearest the individual to ring. Bill Gates is non any ordinary individual. He is a dreamer that wants to win. He will non set up with anything other than flawlessness. At the start of the computing machine revolution, he was told that his vision of a computing machine for the place was merely capricious. Bill Gates worked difficult to make the top, and turn out everyone incorrect. Moritz, Charles. William Gates Current Biography. H.W. Wilson Company: New York, NY, 1991. Pp. 237-241. Hypertext transfer protocol: //webho.com/WealthClock Hypertext transfer protocol: //www.microsoft.com Hypertext transfer protocol: //www.teamgates.com Hypertext transfer protocol: //www.geocities.com/BourbonStreet/4211/bill-faq.com Isaacson, Walter. In Search of the Real Bill Gates. Time Magazine, January 13, 1997. Pp. 46-47.