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Fool Proof Module 11: Take This Bet All About Gambling Answers
|Oklahoma vs. Australia:||Australia has just 12 casinos!|
France has 50 casinos!
England has 60 casinos!
|If you’ve lost quite a bit of money, then you’re automatically due to win eventually. It’s just a matter of time.||False|
|What is one of the most likely places in the world that people your age will develop gambling problems?||In Oklahoma there’s a greater chance you’ll become a problem gambler than in any other place in the world.|
|If people know the chances of making a profit when they gamble is very, very small, why do they keep gambling?||All of the above|
|A person says they will pay you $10.00 if you can correctly multiply 2 X 4. (The person wants nothing from you if you lose.)||No risk|
|Check the reason that bet has no risk:||Even if you lose, you don’t have to pay anything. Plus, you know the answer.|
|Why is the bet below “high risk?”||You can’t afford to lose $100 bucks!|
|How much money do people around the world spend on gambling in one year?|
|Gambling is something you should only do if you have discretionary income||False|
|If you’re playing the slot machine with the worst odds, guess how many times you could play that machine before you win the big prize?||33 million plays of the machine have to happen before you win the big slot prize.|
|What do you think the odds are of you being “dealt” that hand?||1 in 2,598,960|
|Get this scenario:|
You’re playing the slots and “win” twenty-five bucks! You’re stoked.
During the past ten weeks, you’ve won another fifty bucks.
But you’ve dropped two bucks in the slot machines every day for ten weeks.
|Your total income from gambling: $75|
Your total expenses related to gambling: $140
Which answer is correct?
I lost $65
You’ve bought lottery tickets every week for the past four years.
That’s an average spending of $10 per week.
After four years, you finally win $1000.
|Your total income from the lottery: $1000|
Your total expenses related to buying lottery tickets: $2080
Which answer is correct?
I lost $1080
|Which of the following statements is correct?|
The probability of that event is 100%.
The chances of you predicting correctly that it will get dark tonight are 100%.
|Both are correct|
|The job of any gambling operation is to make sure you never gamble over your personal limit||False|
|Gambling only has to do with actual money. You cannot gamble with other things||False|
|Which group of people is the LEAST likely to be hurt by gambling?||People who know their limits and make sure that they don’t put themselves in debt while gambling|
|What are some of the main realities you need to accept about gambling?||All of the above|
|Online gambling sites do a really good job with which of the following?||Making you think you are a smart gambler who will not lose a lot of money|
|When you gamble you need to make sure you never:||Spend money that is budgeted for your monthly expenses|
|You are a person who mistakenly believes you have a better chance to really win big if you just keep on gambling. What is that belief called?||Gambler’s Fallacy|
|Online gambling can be dangerous because||All of the above|
|What are some signs of a person with a serious gambling problem?||All of the above|
|What is “probability”?||The likelihood that something will happen|
|Which choice shows people who are LESS likely to be hurt by gambling?||People who budget money for gambling as they budget money for other entertainment, and stick with that budget|
Your state may have no casinos or a few casinos, but get this:
- Some gambling operators are reaching out to young people your age with text messages!
- Online gambling can take place anywhere there’s a computer!
- Gambling supporters like to point out that legal gambling provides income to many educational, healthcare and other important and underfunded programs.
- Despite the income that gambling may bring to some programs, compulsive gambling accounts for $40 billion in annual losses from counseling, productivity declines and social services, according to an estimate by the National Gambling Impact Study Commission, a body created by Congress to study the problem.
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