Nov 15

What Is the Difference between a Lottery and a Sweepstakes?

There are so many times in our daily life that we are presented with chances to enter lotteries or contests of one type or another for a chance to win a bountiful grand prize. Think about every time you go to the grocery store or stop at a gas station. Usually, the first thing you see at the checkout counter is the abundance of lotteries, all taunting you with the chance of becoming a multi-millionaire. Even when you open the junk folder in your email, you’ll probably be welcomed with about a dozen Read more [...]
Nov 14

What Is the Difference between Video Lottery Terminals and Slot Machines?

It may look like a regular slot machine and play like one, but a video lottery terminal differs quite a bit in terms of how winners are determined. VLTs are usually equated more with games like bingo, pull-tabs, scratch-offs, or lotto than they are with slot machines. This is because there are a pre-determined number of winners, and players are competing with each other for a prize rather than against the house. There is also not necessarily a winner in each game. Video Lottery Terminals Read more [...]
Nov 13

What Is the Difference between Blackjack and Spanish 21?

Spanish 21 is one of the most popular variations of blackjack in the world and is played widely in casinos. While the differences can make the game a bit more complicated, they also influence the odds of winning. To the layperson, Spanish 21 and blackjack may seem like a similar game with different names. However, there are a number of different advantages and disadvantages each game offers through the different sets of rules. Rules of Spanish 21 Spanish 21 is played on the same traditional Read more [...]
Nov 12

What Is the Difference between Gambling and Investing?

Question: What Is the Difference between Gambling and Investing? Answer: Investing is a much more "acceptable" way to risk one’s money. If the two were even comparable, investing would be illegal in as many states as gambling is. Regardless, comparisons are often made between gambling and investing, especially in reference to high-risk investments. To determine the difference between the two, it’s best to start at the root and define them. According to merriam-webster.com: Gamble- : Read more [...]