Posts Tagged“gambling”

The history of modern gaming can be traced back as far as the ancient Greeks, who used to play many dice games and others based on luck. Many famous Greek philosophers have written about the gambling pursuits people used to play at the time, and while some looked down upon the activity due to its addictive nature, it’s said that the Greek gods themselves liked to play – legend has it that Hades, Poseidon and Zeus split up the universe between them based on a throw of the dice. Ancient gambling games of Greece and Rome Probably the first game…

If you win $1,000 at gambling that means your profits will be $1,000 too, right? Well, not always, because it depends on which jurisdiction you are living in. Each country has its own rules and regulations regarding online gaming, and so you need to do your homework to find out which is the best country for you to play in. In many countries, gambling winnings are not considered to be income, which means that they’re not taxed. Unfortunately this also means your losses aren’t tax deductible, so if you lose, you lose big. Other country’s laws state that gambling can…