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Do apes love to gamble just like humans do? You bet! New study by Max Planck scientists reveal that apes can calculate odds before taking risky gambles:
Experts observed apes as they gambled using upturned cups concealing pieces of chopped banana.
Given the choice of a safe bet of a small piece of banana or a larger chunk of fruit hidden beneath one of a selection of shuffled cups, the apes chose to gamble more than 50 per cent of the time.
The team, led by Daniel Haun of the Max Planck Institute for Psycholinguistics found that they were also able to identify when the odds were stacked against them and when it was wiser to go with the safe bet.As more cups were added and the odds became worse, the apes become more cautious.
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Five years ago, Sebastian Steinzen, a schoolteacher in Germany, lost a bet on a game of golf to a British man that he knew only as “Pat”. They had wagered a pint of beer on the game, but Steinzen did not have the opportunity to repay it because he lost track of Pat. Steinzen felt obligated to find and pay him, and so searched for the Briton for five years. It was only after a newspaper reported on his story that Steinzen was able to find his golfing buddy, Patrick Burns:
However the burden of guilt became too much and last month, Mr Steinzer spent £1,000 travelling to England to try to find Pat and buy him that pint.
He went to Portishead, north Somerset, where Patrick told him he was from, and spent a week traipsing around the streets, pubs and golf courses, with a picture of his holiday friend.
But he had to return home without tracking down Pat, who was holidaying with his partner Pam when they met.
Before he went home, his quest was highlighted in the Daily Telegraph and when Mr Burns, 73, a retired advertising executive, read it in the paper he made contact with his German friend.
Link | Photo (unrelated) via Flickr user sridgway used under Creative Commons license
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Rob Cockerham posted the Incredibly Depressing Mega Millions Lottery Simulator a month ago, so you’d think he would be the type to avoid gambling. However, he won a costume contest for one of his over-the-top creations and the prize was $1,000 -in slot machine play! Therefore, win or lose, he sat down to play and report to us on the experience.
Thunder Valley has eight “100% payback” slots, which means that at the end of their life, they should have given out the same amount of money they took in. This group had some interesting features, the first was a bright sign on top, advertising “win up to 100% payback”. What? What kind of deal is that? It sounds like the worst of both worlds, like you had no chance of going away a winner. I figured the sign was just not worded very well, that they wanted to say “100% payback”, but that a sign which said that sounds like you are always going to win your money back.
The second feature was a small placard which stated “This game is not eligible for the Thunder Slot Fortune Bonus”.
Ah ha! Maybe I’m a sucker, but to me, this sign says “the casino makes so little money on this machine, we can’t let you have any other perks for sitting here”. BINGO. This was the machine for me!
Try to guess how much he won with his $1,000 credit. Link
It all started when Jeremy Gelbart, one of the founders of Ultrinsic, made a bet with Steven Wolf, the other founder, that he would make an A in a college class. After they graduated, they decided to see if this scheme could work on a larger scale:
Ultrinsic, currently in beta form, allows students at 37 colleges to gamble on their grades in each of the classes they take. The student hands over money to Ultrinsic–as well as access to his or her official school records–as a wager that they will attain a certain grade. If they get it, Ultrinsic pays out on a sliding scale.
A pilot scheme in place at both Penn and NYU over the last academic year had some takers, including one guy who won $150, although the serious money is to be made by high schoolers as they head off to university. Then, if you bet $20 on getting a 4.0 GPA, then you’ll walk away with $2,000 should you succeed. That, apparently, is what motivation looks like.
Link via Marginal Revolution | Photo by Flickr user banspy used under Creative Commons license
Can you imagine losing $1 million to the casinos? No? How about $127 million? In one year. That’s how much Terrance Watanabe lost, making it one of the biggest – if not the biggest – losing streaks by an individual in Las Vegas history.
The run is believed to be one of the biggest losing streaks by an individual in Las Vegas history. It devoured much of Mr. Watanabe’s personal fortune, he says, which he built up over more than two decades running his family’s party-favor import business in Omaha, Neb. It also benefitted the two casinos’ parent company, Harrah’s Entertainment Inc., which derived about 5.6% of its Las Vegas gambling revenue from Mr. Watanabe that year.
Today, Mr. Watanabe and Harrah’s are fighting over another issue: whether the casino company bears some of the responsibility for his losses.
In a civil suit filed in Clark County District Court last month, Mr. Watanabe, 52 years old, says casino staff routinely plied him with liquor and pain medication as part of a systematic plan to keep him gambling.
Like the motto says, apparently your cash really does stay in Vegas. Alexandra Berzon from The Wall Street Journal reports: Link
(Photo: Peter McCollough for the Wall Streer Journal)
Today marks the anniversary of baseball’s infamous Pine Tar Incident, one of the most notorious cases of rule-breaking in MLB history. But it’s definitely not the only case, not by a longshot. Here are a few controversial moments in baseball (without steroids, no less), starting with the Pine Tar Incident.
On July 24, 1983, the Royals were losing to the Yankees at Yankee Stadium, 4-3 at the top of the ninth with two outs and a runner on first. Much to the chagrin of the Yankees, George Brett hit a home run and turned the tables so that the Royals were now a run ahead of the Bronx Bombers. Except there was a problem: Yankees Manager Billy Martin sprinted out of the dugout to confer with the home plate ump before Brett had even completed his run. After some debate, the umpire laid the bat across home plate, seeming to confirm something, then pointed at Brett with the bat and signaled that he was out. Brett burst out of the dugout “like his pants were on fire,” according to MLB.com (he totally does – check out the video below) and had to be physically restrained from tackling the umpire.
It turned out that he had used an excess of pine tar on his bat. Pine tar is allowed – it’s sticky and allows for better grip – but only up to 18 inches from the end of the bat. Any more than that is illegal, but that rule is very seldom invoked – it’s kind of like those silly, obscure laws in small towns that declare things like, “Llamas are not allowed in bars after 1 a.m.” The rule, apparently, has less to do with batter advantage and more to do with the fact that the pine tar would mess up the ball if the two came into contact, causing too many balls to be used per game. It was a rule nonetheless, and Brett was called out, nullifying both runs and giving the win to the Yanks. The Royals protested and the A.L. President decided to overturn the out. On August 18th, the game resumed with the score 5-4, Royals, in the top of the ninth. No miracles occurred – the next batter struck out, and then the Royals’ pitcher struck out all three Yankees who tried to hit off of him in the bottom of the ninth. The game ended with the Royals win and the infamous bat now rests in the Baseball Hall of Fame. Here’s that video – it’s dispersed throughout the 37-second clip of George Brett moments, but you’ll have no problem discerning which clips I’m talking about.
Photo from Jamestown Distributors
Now we travel way back to the 1919 World Series. Well, let’s travel back to just before the 1919 World Series. The Chicago White Sox were the best team in baseball at the time – or at least in the top two. However, they were also some of the worst-paid players. Charles Comiskey was notoriously stingy with his bankroll – he even promised the Sox a “big bonus” if they won the pennant, and when they did, he gave them a “bonus” of a case of crappy champagne.
After making some extra money by giving insider tips to a small-time gambler named Joseph Sullivan, Sox player Chick Gandil decided to really supplement his meager salary by offering to throw the World Series for $100,000. It wasn’t too difficult for Gandil to recruit other players for the scheme – many of them held personal grudges against Comiskey, not just for the small paychecks, but for reneging on bonuses and promises as well. In the end, at least eight White Sox players were in on the deal: Eddie Cicotte, Oscar “Happy” Felsch, Arnold “Chick” Gandil, “Shoeless” Joe Jackson, Fred McMullin, Charles “Swede” Risberg, George “Buck” Weaver and Claude “Lefty” Williams. But things went awry, as they tend to in schemes like this. The gamblers didn’t pay the amounts they were supposed to pay after the Sox lost the first couple of games, and the players began to wonder if they had been had. It made sense to them that they should play to win the Series, because if they won, they would at least receive a $5,000 bonus from Comiskey. The Sox won the third game, but then lost the fourth and fifth. By today’s standards, four wins for the Reds would equal a title, but in 1919, the World Series was best out of nine games, not best out of seven. The Sox weren’t down and out just yet. They rallied to win games six and seven, giving them three wins and the Reds four. This greatly angered Arnold Rothstein, a gambler who had invested quite a bit of money on the Sox losing. He sent one of his “associates” to scare a little sense into Sox pitcher Lefty Williams. He said if Lefty didn’t start doing his part to throw the games, he and his wife were going to run into a little trouble. This threat was sufficient enough to scare Lefty into submission, and he made sure to throw poor and mediocre pitches all night. The Reds won handily, 10-5, and took the Series.
An investigation of the allegations got under way in September 1920 and two players, Eddie Cicotte and Shoeless Joe Jackson, confessed that they had helped throw the games (they later took back their confessions, and the signed documents ‘mysteriously’ disappeared). The eight players who were implicated were banned from baseball for life. The players who were found innocent were awarded $1,500 checks from Comiskey in the fall of 1920, which must have been quite the kick in the teeth to those who had participated in the scandal because he wasn’t paying them fairly.
Shoeless Joe Jackson’s level of involvement in the whole thing has since been disputed – he recanted his confession and maintained for the rest of his life that he was innocent. All of the players involved backed him up, saying that he had never attended any of the logistics meetings and refused to take the initial payment to entice him to throw the games. It’s still highly debated to this day. Photo from PascalMarco.com.
Finally, in his 2004 autobiography, Pete admitted that he had, in fact, bet on sports – including baseball – while he played and managed. He swore that he had never bet against the Reds and only bet on them because he loved the team so much and loyal and believed in his team. He has applied for reinstatement, but to no avail so far.
Photo from Inside Athletics
Corrupt players isn’t just an American trend. From 1969-1971, it was revealed that several really big Japanese baseball stars had accepted bribes from an organized crime family to throw various games. On October 7, 1969, somebody blew the whistle on Nishitetsu Lions pitcher Masayuki Nagayasu, who, as it turned out, had been purposely throwing easy pitches to opposing teams. Nagayasu sang like a canary, telling officials that not only did he take the bribes, the three other pitchers on the team took bribes, and so did the catcher and two infielders. All of them were suspended from play with two of them eventually being reinstated; Nagayasu was banned from the game for life.
Then, in April of 1970, an auto racer let it be known that a few prominent men had been in on a scheme to try to fix auto races: pitchers from two baseball teams and a member of the yakuza (organized crime). Another investigation was soon undertaken, which unearthed all sorts of dirty little secrets: by the end of the year, at least three more players had been banned for life, several had been arrested for the auto-racing incident, and more had received suspensions or benching for illegal gambling, driving without a license and having suspiciously close relationships with the yakuza. This whole series of incidents was known as the Black Mist that fell over Japanese baseball.
Drug busts of the ’80s? Corked bats? Women’s fertility drugs? What do you think is the most scandalous baseball moment? Share it in the comments!
"They arrived eager and early, cramming the sidewalk leading to the entrance.
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A lot of people like to play bingo. But this one in York County, Pennsylvania is different: it’s all about meat.
Is there a more salt-of the-earth, down home, practical thing to do on a Friday night then a little simultaneous gambling, bringing home the bacon and helping out a local service club? I think not!
It looked like just another evening of bingo at a fire hall somewhere in York County, except the prizes differed from most games.
Meat, massive amounts of it, awaited the winner of each round. Many have heard of playing bingo for pretty baskets, but once a year in Stewartstown, they hand out juicy cuts of beef, pork, chicken and seafood.
The novelty of it draws many players, and in these lean economic times, a $12 ticket makes for a cheap gamble on the chance to win a butcher’s bonanza. For others, the occasion has simply become an annual tradition.
“It’s a cultural event,” said Emily Cooper, 28, of East Hopewell Township. “It’s part of being from southern York County, going to meat bingo.”
From the Upcoming 
ueue, submitted by makesense.
