This document has a timeline of the Gambling phase in the dirty 30's.
Legal gambling has swept across the United States three times. The second wave ended shortly after the turn of the century. We are now in the middle of the third wave of legal gambling. Nevada outlines casino gambling. By the end of 1910 virtually all gambling is outlawed in the United States.
Vocabulary On Horse Racing & Gambling in the 1930's
Isaiah T. Peoples's insight:
Seabiscuit: Thoroughbred racehorse in the United States
Income: Money received, esp. on a regular basis, for work or through investments.
Hobo: Migratory worker or homeless vagabond, especially one who is penniless
HitchHiker: A person who travels by getting free rides from passing vehicles.
Gambling: The wagering of money or something of material value.
Waiver: A document recording such waiving of a right or claim.
Bets: Risk something, usually a sum of money, against someone else's on the basis of the outcome of a future event, such as the result of a...: "betting on horses"; "I would be prepared to bet that what he really wanted was to settle down"; "most people would bet their life savings on this prospect.
Casino: A public room or building where gambling games are played.
A financial gain, esp. the difference between the amount earned and the amount spent in buying, operating, or producing something.
Interest Rate : the percentage of a sum of money charged for its use.
Gambling has become a major part in our society dealing with its economic boost.As of today Las Vegas has shown impressive job growth as a result of its gain with its role in the gambling era. (Gambling) involves simply sterile transfers of money or goods between individuals, creating no new money or goods. Although it creates no output, gambling does nevertheless absorb time and resources. When pursued beyond the limits of recreation, where the main purpose after all is to kill time, gambling subtracts from the national income
This article explains basically 3 waves of how gambling came to the uprise during the great depression. By the 1930's as a result of The Great Depression money had become very scarce. The wave that goes hand and with this topic is wave number 3. The Great Depression had increased its legalization of gambling. Horse racing and parimutuel wagering began to make a comeback. In 1933, Michigan, New Hampshire, Ohio, and California legalized parimutuel betting. The crackdown in the east had implications for California. Because of the pressure from law enforcement agencies, New York mobsters, including the infamous Benjamin "Bugsy" Siegel, moved to the West Coast. His role was to expand gaming and bookmaking operations for organized crime. Eventually, publicity was directed on him during an investigation of mob ties with the film unions, forcing him to move to Las Vegas.
The story of the 1930's Seabiscuit. Seabiscuit is A thoroughobred stallion who had won the hearts of nation in the 1930's. What was all of the buzz about you may ask? Well lets consider the following: This thoroughbred stallion was undersized in the sport and nobody gave him a chance at anything. With his willingness to win he was gave the nickname The best horse in America at that time.
Get the latest horse racing news, results, and tips on ESPN.com.
Isaiah T. Peoples's insight:
Even in todays society horse racing is still a sight to see. The wise dan award respresents the horse of the year. Its like the M.V.P.of the horse racing world. Horse racing has standings just as your football, basketball, & baseball. The talk of the racing world is a horse by the name of Shanghai Bobby with his rider Todd Pierter. They lead the standings with 24 points.
This is Atticus Jones writing you from the great Los Angeles Calf. Allow me to stat my reasoning of writing you on today. Before I start that allow me to tell you me story. I was born February 25, 1909 in the state of Mississippi. My Lovely mother Gertrude Ellis was an in house slave to Master Jones (My Father). They had wanted me daddies for having relations with a colored women. My daddy is brave man for even thinking about having relations with a colored women & sticking with her from through thick & thin that’s not crazy at all in my book that is the real definition of a man & not a coward like some of these dead beats in this great land but that’s enough of that. In order for us to have a better life my daddies Uncle carl fixed a nice some of land for our family to began a farm. As a youngling I really enjoyed our farm. There were so many animals to play with as a lil one. It was kind of like me personally petting zoo. Well as you know Mr. President nothing in life comes free specially this here farm we got. Jack Ferryman or landlord is a real stiffly about his money and every month we give him his cut and it leaves out family of four (Mama, Daddy, & My lil sister Susan Mae) with pocket lint to spear. No matter the hardships & the struggle to meet ends meet the Jones would always make a way. I been working on the farm since I was 7 years of age not something I wanted to do but aye it helps put food on the trouble. Our family farm is located in the mid-west region of the United States Oklahoma to be exact. It was a warm fall evening about 63 degrees. I remember Mama and Daddy fixing supper and Susan was playing with our dog Sam. When all of a sudden there was thick dark skies over yonder and the winds began to pick up at a rapid pace. I didn’t pay it much attention I was to busy cleaning out the chicken coop. Then I as I began to finish up I felt the sensation of dust flying towards me in every direction. Then the most catastrophic phenomenon in the 20th century my family has is in the middle of a dust storm. To make a long story short our farm was destroyed in the process every thing my daddy done put in for these last couples of year are now a blank memory, with our family struggling we moved back to Mississippi. Frustrated & sadden with all we had lost I decided to move to L.A. with a close buddy of mine to get our family out of this slump. I may sound desperate but have decided to get into the gambling world. No I’m not talking about a lil bingo making a $2 earn after a win I meant going for the big numbers I’m talking hundreds or maybe even thousands. In the last couple of months its been a real struggle. I got into the business of betting on horses. Its new trend that’s beginning to sweep the nation even as we speak, In a summary all we are doing is placing a certain amount of money on a horse and basically put in a certain amount of cash on a horse. The horse that I put all of my money on is named Togo Bleu. My buddy said he is a sure fire win he is a pure bread from the lone star state of Texas. Sadly I lost all of my earnings to a horse buy the name of Seabuscuit. Lil bastard was undersized but his heart took up for his size. California legalized betting on horses and the sport found a home north of the Mexican border again. Near Los Angeles, investors spent about $3 million on the state-of-the-art Santa Anita Park, which thrilled horse owners and racing fans everywhere by offering a $100,000 winner-take-all prize in its signature annual event, the Santa Anita Handicap. People would visist the tracks by the thousands everyday juts awaiting the drama that comes in this high stake’s sporting event.
A report of the American Gaming Association stated that 483 commercial casinos in the US gathered revenues of $34.6 billion in 2010. Nevada casinos boasted of
Isaiah T. Peoples's insight:
In the year of 1931 Massachusetts had legalized bingo so that it had help charities and churches raise money. By the 1950's about 11 states legalized the practice of bingo as well. Horse racing was beginning to increase again despite its down fall dealing with the fixed races. In the 1930's 21 US states re-introduced race tracks. Some of the down fall of this legal form of gambling was when Los Angeles made gambling businesses illegal. The gambling establishments in Los Angeles were mostly run by criminals who simply moved to Nevada to put their skills to Illegal use.
Within in this primary document it explains the up-rising of horse racing in the dirty 30's. Although for the first decade of the twentieth century, it had began to decrease in popularity. As a result of fixed races the sport of betting against the horses were illegal. At the turn of the century there had been 300 racetracks nationwide; by 1908, only 25 remained. There have been thousands of spectators coming from all around the nation to witness the races in action for themeselves. The big story of that time was a horse by the name of seabiscuit.
Sharing your scoops to your social media accounts is a must to distribute your curated content. Not only will it drive traffic and leads through your content, but it will help show your expertise with your followers.
How to integrate my topics' content to my website?
Integrating your curated content to your website or blog will allow you to increase your website visitors’ engagement, boost SEO and acquire new visitors. By redirecting your social media traffic to your website, Scoop.it will also help you generate more qualified traffic and leads from your curation work.
Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.