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Knowing the probability of certain events can help you make better gambling decisions. For example, if you know the likelihood of getting a hand in poker, you can decide whether or not it¡¯s worth betting on it.
But panelists at the conference predicted three or four additional states could soon adopt internet gambling, including Indiana, Illinois, Iowa and New York.
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And it provides a window to sports they don¡¯t usually follow. The average baseball fan is 57 years old. Ball games are too long and move too slowly for younger viewers. So they engage in NRFI (No Runs First Inning) bets, putting down money on whether a run will be scored in the first.