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Tag: Bookmakers

Fixed Odds Betting Terminals – Parliamentary Report

There has long been debate over fixed odds betting terminals since the UK Government ordered an investigation and report. The report as caused a furore.

Crunch Time for Fixed Odds Betting Terminals (FOBT’s)

Fixed Odds Betting Terminals

Parliamentary Report

There has a furore over these betting terminals since the UK Government ordered an investigation and report. Such has been the anger since the report was completed, the Association of British Bookmakers is now calling for an enquiry by the Parliamentary Commissioner for Standards. They claim the report was deeply flawed and possibly even biased.

For those of you who do not know what FOBT’s are they are electronic gaming machines. They are widely found in Bookmakers shops all over the UK. They can be used to gamble while playing roulette, blackjack, slot games and virtual racing. Referred to by some as the crack cocaine of gambling the UK watchdog GambleAware has long condemned them. They have been blamed for destroying communities and families due to their addictive powers and high wagering potential.

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Gambling History

Gambling History from Ancient Times to the Online Revolution Today

Gambling History - Ancient DiceAncient Gambling History

There is evidence  in gambling history that it all started in Egyptian times as far back as 3000 BC. A pair of dice was discovered in an Egyptian tomb. However it is not known whether it was a popular pastime with wagers being made. Maybe it was just a simple game.

According to documented gambling history it all started back in the ancient Greek and Roman times. There were references to it being born from the Gods. Although not legal in those times, it was practised by all walks of life from peasants to Emperors.

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