Name ________________
Date ____________
Hour _________
Standard 12 Study Guide
1. To improve your odds of winning, it is recommended that you play
__________________.
2. If you increase the number of trips you make to the casino, you will improve your
______________________ of winning.
3. People at lower income levels use a __________________ percentage of their income
to buy lottery and scratch tickets than people at higher levels of income.
4. The odds of winning most games are in favor of the _______________ not the
___________.
5. _______________________ is the likelihood that something will happen.
6. Flipping a coin is an example of a(n) _____________________ event.
7. A potential social benefit of gambling is an __________________ number of jobs in a
local community.
8. Playing the Powerball is an is an example of a(n) _____________________ events.
9. Money used for gambling should be _________________ as entertainment and not
needed to pay bills, buy food or other necessities.
10. _________________ implies that you have some knowledge about outcome of your
choices.
11. MOST gaming activities are based on _____________.
12. Investing in the stock market is basically a form of ______________________.
13. If you spend your money at the casino, you cannot add it to your savings account. This is
an ______________ _______________ associated with gambling.