Gold Coin
A gold coin is a coin made mostly or entirely of gold. Gold has been for coins practically since the invention of coinage, originally because of gold's intrinsic value. In modern times, most gold coins sold either to collectors, or to be used as bullion coins— coins whose nominal value is irrelevant and which serve primarily as a method of investing in gold. Gold has been as money for many reasons. It is fungible, meaning that it trades easily, with a low spread between the prices to buy and sell. Gold is also easily transportable, as it has a high value to weight ratio, compared to other commodities, such as silver. Gold can be into smaller units, without destroying its value; it melts into ingots, and re-coined. The density of gold is higher than most other metals, making it difficult to pass counterfeits. Gold is extremely un-reactive. The scarcity of gold stabilizes its value. Precious metals in bulk form are bullion, and trade on commodity markets. Bullion metals cast into ingots, or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money. While obsolete gold coins are primarily collected for their numismatic value, gold bullion coins today derive their value from the metal (gold) content — and as such are viewed by some investors as a "hedge" against inflation or a store of value. Many nations mint bullion coins. Investment quality coins minted after 1800 have a purity of not less than 900 thousands and are legal tender in its country of origin. Although nominally issued as legal tender, these coins' face value as currency is far below that of their value as bullion. The European Commission publishes annually a list of gold coins, which are as investment gold coins in all EU Member States. The list has legal force and supplements the law. In the United Kingdom, HM Revenue and Customs have added an additional list of gold coins alongside the European Commission list. These are gold coins that HM Revenue & Customs recognize as falling within the exemption for investment gold coins. This second list does not have legal force. South Africa introduced the Krugerrand in 1967 to cater to this market; this was the reason for its convenient and memorable gold content — exactly one troy ounce. It was the first modern, low premium (i.e. priced only slightly above the bullion value of the gold) gold bullion coin. Bullion coins are also in fractions of an ounce – typically half ounce, quarter ounce, and one-tenth ounce. Bullion coins sometimes carry a face value as legal tender, the face value is on the coin, and in order to bestow legal tender status on a coin, which generally makes it easier to import or export across national borders, as well as subject to counterfeiting. However, their real value is as dictated by their troy weight, the current market price of the precious metal contained, and the prevailing premium that market wishes to pay for those particular bullion coins. The face value is always significantly less than the bullion value of the coin. Legal tender bullion coins are a separate entity to bullion gold. One enjoys legal tender status; the latter is merely a raw commodity. Gold has an international currency code of XAU under ISO 4217. ISO 4217 includes codes not only for currencies, but also for precious metals and certain other entities used in international finance, e.g. Special Drawing Rights. Coins are usually made of an alloy as other metals are into the coin to make it more durable. Fineness is the actual gold content in a coin or bar and expressed in grams or troy ounces. Karat weight is a unit of fineness for gold equal to 1/24 part of pure gold in an alloy. Pure gold is 1000 fine. Below is a karat weight to fineness conversion chart. There is a correlation between karats and fineness: 24 karats = 1000 fine, 23 karats = 958.3 fine, 22 karats = 916.6 fine, 21 karats = 875.0 fine, 20 karats = 833.3 fine, 18 karats = 750.0 fine, 16 karats = 666.7 fine, 14 karats = 583.3 fine, 10 karats = 416.6 fine. The fineness converts to a percent, as well. If a gold coin has a fineness of .900, the decimal point is moved two places to the right and that number is expressed as a percent - that is 90.0% pure gold. If a gold coin has a fineness of .850, then the gold coin is 85.0% pure, etc. Coins have varied greatly in fineness through history. Notable historical standards that were closely adhered-to include the crown gold (22 karat) used in all English gold coins intended for circulation from 1526 onward, and 0.900 fine (21.6 kt), the standard for all American circulation-coins from 1837 onward. Fineness is not the only way to value a gold coin; a great deal of value in collector coins comes from condition and rarity. To a far lesser extent, even the value of gold bullion coins is influenced by their physical condition.
Slahal
Slahal Lahal is the Indigenous peoples of the Pacific Northwest Coast gambling game known as stickgame, bonegame, bloodless war game, handgame, or a name specific to each language. It is played throughout the western United States and Canada by indigenous peoples. The name of the game is a Chinook Jargon word. The name bone game comes from the fact that the bone sets historically used were the shin bones from the foreleg of a deer or other animal.
The game is played with two opposing teams. There are two sets of bones, and two sets of sticks 10 sticks per team during aboriginal times, but in modern times usually played with 5 sticks per team and a kick or king stick -- an extra stick won by the team who gets to start the game in some areas a kick stick is not used. When a game is in play, one of the two teams will have two sets of bones, shown above. When your team is guessing, your objective is to get the right bone, the one without the stripe. When you have the bones, your objective is to make sure the other team guesses wrong on the bones set. When the other team guesses wrong, you gain a point. When a team has the two sets of bones, two separate individuals will hide the bones and swap them around from hand to hand each person has a striped and non-striped bone. Eventually the bones are brought forward, but are concealed as to not show the other team what one has a stripe on it. The game is usually accompanied by drumming and singing used to boost the morale of the team. The side that has the bones sings, while the other tries to guess. The musical accompaniment is also sometimes used to taunt the other team. Gambling could be done by players, or spectators of a match, placing bets on teams, or individual matches within the game between one guess and the other team's bone hiders.
Oral histories indicate that slahal is an ancient game, dating to before the last ice age.citation needed In the Coast Salish tradition, the Creator gave stickgame to humanity as an alternative to war at the beginning of time. Thus the game straddles multiple roles in Native culture -- it is at once entertainment, a family pastime, a sacred ritual and a means of economic gain through gambling. These juxtapositions are sometimes difficult to comprehend for the Western mind, but to many members of the Native community they are woven together effortlessly as a harmonic whole.
Caribbean Stud poker is a casino table game with rules similar to five-card stud poker. However, unlike standard poker games, Caribbean stud is played against the house rather than against other players. There is no bluffing or other deception. As a result of the popularity of poker, casinos created a house banked game known as Caribbean Stud Poker in order to lure poker fans to play more table games. The birth of the game is not well referenced, which is unusual for a relatively new game. Gambling genius David Sklansky has laid claim to formulating the game on a well-known poker forum, positing that he invented the game in 1982 using the name “Casino Poker”. When he developed the game the rules had some differences like, the dealer having two hole cards revealed instead of only one hole card revealed as in Caribbean Stud today. Likewise there was no progressive jackpot in the game he allegedly founded. Sklansky was unable to patent Casino Poker due to patent laws, according to the story. A few years afterwards he was approached by a poker player who brought the game to Aruba and had it patented. The poker player and a casino owner changed the rules slightly to form what we experience nowadays as Another story details that many people claim they played the game under a different name on a cruise ship going to Aruba, before it was known as Caribbean Stud. The proprietor of the now 'Excelsior Casino' is believed to have bought the game after it was discovered on the cruise ship. The casino at the time was known as 'The King International'. This new game has developed a tremendous interest from tourists in its short history. Fanatics of the game flock to Aruba yearly to play some Caribbean Stud at its home. The true story of how the game as it is played today came into being goes back to 1987 when a gambler named James Suttle learned the game from a down on his luck poker player while playing Texas Holdem at Binion's Horseshoe on Fremont Street in Downtown Las Vegas. The Player offered to teach Suttle the game if he would lend him $5,000.00. James Suttle denies this. James who was a friend of casino owner and game developer Danny Jones, gave the man the loan because he knew that he could sell the game to Jones for a hefty profit. Jones owned the King International Casino in Aruba which latter became the Grand Holiday Casino. The casino was located in the Holiday Inn on Palm Beach in Aruba which was a favorite layover for many cruise lines. Danny began to market the game with minimal success to other casinos and cruise ships under the company D&D Gaming Patients. It wasn't until computer software engineer Michael Titus told Jones that his game needed a linked progressive Jackpot that the game took off. Titus was playing Poker with Jones at the Horseshoe when during a casual conversation about the game including discussion about the games strengths and weaknesses they determined that the game was too strong for the house and players needed an enticement to play in spite of the games favor for the house. It has been a long standing tradition in the gaming industry to add large or progressive jackpots to games that offer weaker returns to the player. The advantage of a progressive jackpot is that it almost always pays for itself through player contributions. In slot machine play this is easily accomplished as the gaming machine is such a key element to the game, on table games this had never been done in a real time environment. Poker games have had progressive Bad Beat jackpots for a long time, but these were calculated on a daily or weekly basis from a jackpot rake at a predetermined period of time. Jones and Titus roughed out the method by which the new game would be implemented and created the first live progressive linked jackpot on a table game which lead to the games rapid growth and popularity. Two days after the Horseshoe meeting Titus resigned from his job at the Las Vegas Hilton and went to work for newly formed Progressive Games, Inc.. Progressive Games started by sharing space with a Las Vegas Sign Company called City Lites which provided signage and jackpot meters for the game. Eventually the company split due to licensing issues in Nevada. Progressive Games moved to Florida and began Global Distribution of the game while Dane Jones, Danny's son, operated the Nevada company for about six months. Eventually, Dane made a deal for the Nevada distribution rights with a company called D.P. Stud. The million dollars that was to be paid to the Jones family for the rights to distribute the game was never paid in full and due to Jones licensing issues in Nevada he was never given just payment. The hardware that went into the Nevada version of the game was illegally knocked off by DP Stud for many years. This is part of the reason the history of the game became so clouded. Dane's fumbled deal ended the Jones family involvement with the game in Nevada. However, the Ft. Lauderdale based Progressive Games went on to distribute the game globally during the next two years. In a major consolidation move Mikhon Gaming bought out Progressive Games and the Nevada distribution company in 1995. The concept patent for a progressive linked jackpot on a table game, that Titus brought to Caribbean Stud has stood many challenges. It is the Jackpot feature that has made the game a long time success among the new casino games. The following rules are typical of U.S. casinos, but some of the details the payouts and limits vary from casino to casino. To play, every player places his ante on a marked spot on the table playing surface the layout where indicated; all ante wagers must be placed prior to the dealer announcing No more bets. Each player also has the option to participate in the progressive jackpot feature of the game. This is also done before the dealer announces no more bets, by dropping a chip in the slot on the table which activates the progressive jackpot light for that seat and that particular hand of play. Each player and the dealer will then receive five cards, face down. The dealer will turn over one of his cards, then push the cards toward the players, after which the players may look at their cards. They may only look at their own cards, and may not discuss what they have with any other players at the table. Players have the option to play or fold; if they choose to play, they place their bets twice the amount of their respective ante in the bet box. If they choose to fold, they forfeit their ante. After all the players have made their decisions, the dealer reveals his hole cards. The dealer only plays with an ace/king or higher; they then compare their cards to the other players' cards individually, right to left, and the players' hands that beat the dealer's qualifing hand wins. There are some major rules in Caribbean Stud Poker that must be observed at all times while playing: Only one hand per player. Players cannot hold or wager on multiple hands at the table. Players choosing to play the Progressive Payout feature are responsible for ensuring their $1 wager has been inserted into slot and the Indicator Light is ON. Players may not exchange or communicate information regarding their hands to other players or the dealer. Player violation will result in a dead hand and forfeiture of all wagers. Incorrect amount of cards to the player constitutes a dead hand or push for that player only. The decision of the table/casino supervisor is final. If the dealer is dealt four cards of the five-card hand, the dealer shall deal an additional card to complete the hand. Any other misdeal to the dealer shall result in all hands being void and the cards shall be reshuffled. Each player shall be required to keep the five cards in full view of the dealer at all times. Once each player has examined his or her cards and placed them face down on the layout, they may not touch the cards again. If a hole card is exposed prior to the dealer announcing No More Bets, all hands shall be void.Gambling Treatment Program provides structured and individually tailored programs using cognitive-behavioural therapy to specifically target problem gambling. Gambling Hospital 24 hour shipping on most orders from us. Customizable poker hats Hat Poker Horseracing is an equestrian sport been practiced for millennia. It is inextricably associated with gambling. The common sobriquet for Thoroughbred horseracing is The Sport of Kings. Horses Track The Greek horse track was usually set out on the slope of a hill, and the ground taken from one side served to form the embankment on the other side. Horse Track Daily Indiana Poker Rooms and Indiana Poke Tournament Indiana Poker The casino offers a variety of California games, including Blackjack and three-card poker. Ocean Casino Come and enjoy our selection of award winning food and wines from our friendly staff and award Poker Brunch
Poker Kansas City Low Ball
Kansas City Low Ball
Kansas City Lowball Poker is played with a standard 52-card deck and one Joker. The Joker is considered to be the lowest card not present in a hand. Straights and flushes do not count against the poker player.
Players are dealt five cards face down, in turn, in rotation. A round of betting occurs. Players are required to bet or fold. The players who remain in the pot have the option to improve their hand by replacing cards in their hands with new ones. A player may draw up to five consecutive cards. After all poker players have drawn players a round of betting occurs. The best possible low hand is 2-3-4-5-7, not of the same suit. The lowest five card poker hand wins the pot. In the event of a tie the pot is split equally among winning hands.
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