Gambling Means In Spanish

Gambling

Translation of gambling at Merriam-Webster's Spanish-English Dictionary. Audio pronunciations, verb conjugations, quizzes and more.

• ‘the neighbourhood is known for gambling dens and brothels’ ‘The Governor must make sure not a single taxpayer dollar is going to keep New York City's gambling dens alive.’ ‘The space had previously been an illegal gambling den.’ ‘Police raided the premises on tip-off that it had become a gambling.
• You cannot cash out Gambling Mean In Spanish all your winnings from a no deposit bonus as the casino puts a maximum cap on the cashout amount. Knowing that amount Gambling Mean In Spanish is critical as it tells you how Gambling Mean In Spanish much from your winnings you can take.

Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize. Typically, the outcome of the wager is evident within a short period.The term gaming in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; i.e., a “gaming” company offers “gambling” activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universally observed in the English-speaking world. For instance, in the UK, the regulator of gambling activities is called the Gambling Commission. Also, the word gaming is frequently used to describe activities that do not involve wagering, especially online.Gambling is also a major international commercial activity, with the legal gambling market totaling an estimated $335 billion in 2009. In other forms, gambling can be conducted with materials which have a value, but are not real money. For example, players of marbles games might wager marbles, and likewise games of Pogs or Magic: The Gathering can be played with the collectible game pieces as stakes, resulting in a meta-game regarding the value of a player's collection of pieces.

They bet on almost anything, including lotteries, football and racing pools, horse racing (illegal betting shops, where punters bet on foreign horse and greyhound racing, are common in resort areas), bingo, slot machines, casinos, and the big jai-alai games in the Basque Country and Madrid. Prizes can be huge running into hundreds of thousands of euros.

The most popular form of gambling is the state national lottery ( Lotería Nacional) run in aid of charities and the Catholic Church. Lottery tickets are sold at lottery offices at face value or can be purchased from street vendors (10 per cent commission is added) and through ONCE (the Spanish organisation for the blind) kiosks manned by the blind or those with impaired sight. ONCE sells lottery tickets for a daily draw (Friday’s has the largest prize) and scratch cards (known as Rasca y Gana).

Spain’s and the world’s biggest lottery, ‘the fat one’ ( El Gordo), is held at Christmas and consists of 108 series of 66,000 tickets, each costing €200. Not surprisingly, €200 is too much for most people and tickets are divided into ten shares ( décimos). Many clubs and charities buy a décimo and offer shares (called partcipaciones) for a couple of euros, usually adding a small surcharge. The total amount wagered on El Gordo is over €1.7 billion, some 70 per cent of which is paid in prizes.

‘The fat one’ has its own website (http://www.elgordo.com) and there are several villages in Spain that regularly sell winning tickets for El Gordo, such as the tiny village of Sort (meaning ‘luck’ in Catalan!), in the Pyrenees where coachloads of hopeful lottery ticket buyers flock every autumn!

Gambling Means In Spanish Dictionary

Tickets are usually sold out long before the draw on the 22nd December, which is televised live (it takes three hours) and traditionally made by the children of the San Ildefonso school in Madrid. Winning numbers are published in newspapers on 23rd December and the list is posted in lottery offices for three months following the draw. Winners must claim their winnings, as they aren’t sent to them automatically (unclaimed winnings go back to the state). If you win a big prize you can take your ticket to a Spanish bank, which gives you a receipt and collects your winnings on your behalf. Lottery prizes are free of all taxes. Spain’s second-largest lottery is called the kid ( El Niño) after the baby Jesus and takes place on 5th January.

Spain has some 20 casinos, and there’s also one in Gibraltar. The most common casino games are American and French roulette, black jack, punto y banca and chemin de fer, plus the ubiquitous slot machines and private gaming rooms. There’s usually an entry fee, and visitors must show their passports (to identify professional gamblers). Most casinos are open from late afternoon until the early hours of the morning, e.g. 5pm until 4 or 5am. Dress code is smart casual (no jeans, sandals or T-shirts).

Gambling Means In Spanish Language

This article is an extract from Living and Working in Spain.
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