First off, lets get this off our chest. Online casinos wouldn’t be in business if they didn’t win money from their customers. So, with that in mind, should we partake in ? An economist weighed in on the subject. I was really surprised, but his answer makes sense (and it was reassuring). While getting my MBA, one of the concepts that you learn is the utility curve theory of money. The way it works, basically, is to look at the marginal utility of each additional dollar you have, rather than its fundamental economic value. For instance, to a starving fellow in the street with no ready money at all, the marginal utility of a single dollar is incredibly high, as it can mean at least a bit of food that might literally wind up saving his life. However, for me (luckily), my quality of life is so completely unchanged whether I have an additional dollar or not that its utility is extremely close to zero. I would likely never notice if a dollar happened to fall out of my wallet once a week for the rest of my life. However, on the flip side, for me (unluckily, as I’ve not wealth of that magnitude), my quality of life would undergo pretty drastic changes were I to win big at a casino. So, while the utility lost to me from spending a dollar on is extremely close to zero, the utility gained were I to win would be astoundingly large. Therefore, it likely makes sense for me partake in on a weekly or bi-weekly basis. The subscription/no-work-involved aspect is key, because if you add in the utility cost of actually physically going to a land casino you lose immediately. It must be as nearly zero-effort as possible in order to maintain the utility quality-of-life positive balance. It gets even better for . Playing at a casino is a positive (fun) experience. The short term pleasure and excitement from nullifies the financial hardship if loosing that dollar. Ideally, if I could forget it was partaking in (or enjoy it), things would be perfect. I’d never miss the $52 as far as my quality of life goes, and yet I’d always be poised for some pleasant surprise that would make my day/week/life. First off, I need to ask, why are you searching for -œ-. This search phrase seems kind of odd to me. Why not just search for -œcasino gambling online?- or just online casinos? Sorry, just had to throw that in. Either way, this article provides an overview of , tells you the best places to play, and how to exploit bonuses to actually win when you play online-¦ Las Vegas casinos are really beautiful; many have spectacular fountains, glorious indoor and outdoor gardens, and amazing pools and spas. However, these buildings, grounds, and facilities were really expensive to built, and are even more costly to maintain. safestbet.com specializes in online casino,online casinoonline gambling,Online casino slot machine,casino gambling online games and offers affordable online casino games. Enjoy its secure online casino games.
Related Articles –
online casino, online gambling, Online casino slot machine, casino gambling online,
Email this Article to a Friend!
Receive Articles like this one direct to your email box!Subscribe for free today!
No comments:
Post a Comment