The Year 1979 in My Life

Summary

The gambling culture among the Chinese has deep historical roots, encompassing various forms like cockfighting and horse racing. With the opening of national borders, modern gambling, including poker and lotteries, gained popularity. It's estimated that 90% of China's 1.4 billion people engage in gambling. In casinos worldwide, Chinese gamblers thrive, often seen betting on horse races. The psychology of gambling reveals a cycle of greed and loss, where rationality fades. Key games in Chinese culture include Mahjong, but in Macau, Baccarat and Texas Hold'em dominate. These high-stakes games can lead to dramatic financial shifts in mere minutes.

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