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Gambling Means In Spanish

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An interesting article from today's Las Vegas Advisor:
Q: Where does the gambling term 'punter' come from?
A: We're glad you specified 'gambling term,' so we didn't go off on some wild tangent about football, hookers, file-transfer protocols, indentations in the bases of wine bottles, or English-style gondolas. And you're not referring to the Australian socialite and basketball coach Christopher 'Punter' Ponton, nor indeed to the Hindi expression for the term 'dude,' as in, Punter hai re ekdum, meaning, 'He's a cool dude,' are you? You're talking about the British and Australian term for those who place wagers, as in, 'Daring Donkey in the 2.15 at Ascot is definitely worth a punt, mate.' Right?
That's unfortunate, since this is the trickiest usage of the word to fully account for, its complete etymology proving somewhat elusive. But here's a stab at it.
The most convincing origin we came across derives from a version of the popular European game of baccarat known as punto banco, in which the players, i.e., those who stake against the bank ('banco'), are known as punters, from the Italian (and Spanish) term punto, meaning 'a point,' although why exactly, we're not sure. While the origins of baccarat remain obscure, it's certainly an old game, since its introduction to France from Italy has been traced to the 15th century. Other relatives of baccarat include chemin de fer, baccarat banque (or et deux tableaux), and the now virtually obsolete basset or bassette.
So far so good. But how the term came to mean gamblers in general or, as it tends to today in the U.K. and Australia, horse racing bettors in particular, we're not sure. In the financial world, someone who invests money in a chancy game or business (particularly the stock market), in the expectation of making a profit, is also referred to as a punter.
While in both countries a 'punt' can mean a bet, in Australia 'punting' is also used to mean gambling, while in England punting generally means 'boating in a punt.' These days in England, the term 'punter' is used to refer to any customer of a business, as in, 'Let's see if the punters like this new Swedish beer before we cancel our order for Bud.'
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  3. Gambling Means In Spanish Translation

They bet on almost anything, including lotteries, football and racing pools, horse racing (illegal betting shops, where punters bet on foreign horse and greyhound racing, are common in resort areas), bingo, slot machines, casinos, and the big jai-alai games in the Basque Country and Madrid. Prizes can be huge running into hundreds of thousands of euros.

Gambling

The most popular form of gambling is the state national lottery ( Lotería Nacional) run in aid of charities and the Catholic Church. Lottery tickets are sold at lottery offices at face value or can be purchased from street vendors (10 per cent commission is added) and through ONCE (the Spanish organisation for the blind) kiosks manned by the blind or those with impaired sight. ONCE sells lottery tickets for a daily draw (Friday’s has the largest prize) and scratch cards (known as Rasca y Gana).

Spain’s and the world’s biggest lottery, ‘the fat one’ ( El Gordo), is held at Christmas and consists of 108 series of 66,000 tickets, each costing €200. Not surprisingly, €200 is too much for most people and tickets are divided into ten shares ( décimos). Many clubs and charities buy a décimo and offer shares (called partcipaciones) for a couple of euros, usually adding a small surcharge. The total amount wagered on El Gordo is over €1.7 billion, some 70 per cent of which is paid in prizes.

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What Does Gambling Means In Spanish

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‘The fat one’ has its own website (http://www.elgordo.com) and there are several villages in Spain that regularly sell winning tickets for El Gordo, such as the tiny village of Sort (meaning ‘luck’ in Catalan!), in the Pyrenees where coachloads of hopeful lottery ticket buyers flock every autumn!

Tickets are usually sold out long before the draw on the 22nd December, which is televised live (it takes three hours) and traditionally made by the children of the San Ildefonso school in Madrid. Winning numbers are published in newspapers on 23rd December and the list is posted in lottery offices for three months following the draw. Winners must claim their winnings, as they aren’t sent to them automatically (unclaimed winnings go back to the state). If you win a big prize you can take your ticket to a Spanish bank, which gives you a receipt and collects your winnings on your behalf. Lottery prizes are free of all taxes. Spain’s second-largest lottery is called the kid ( El Niño) after the baby Jesus and takes place on 5th January.

Spain has some 20 casinos, and there’s also one in Gibraltar. The most common casino games are American and French roulette, black jack, punto y banca and chemin de fer, plus the ubiquitous slot machines and private gaming rooms. There’s usually an entry fee, and visitors must show their passports (to identify professional gamblers). Most casinos are open from late afternoon until the early hours of the morning, e.g. 5pm until 4 or 5am. Dress code is smart casual (no jeans, sandals or T-shirts).

This article is an extract from Living and Working in Spain.
Click here to get a copy now.

Gambling

Gambling Means In Spanish Translation

Spanish Translation of “gambling” The official Collins English-Spanish Dictionary online. Over 100,000 Spanish translations of English words and phrases.