How Gambling Squares Work
One of the biggest selling points of Square is the ability for small businesses to accept credit card payments. A great example is a vendor at a farmer's market. In the past, shoppers had to use cash to buy organic kale and gooseberry jam at a farmer's market. With a service like Square, a farmer's market vendor can turn her smartphone into a fully functioning cash register that accepts payment by credit or debit card and deposits the funds directly into a bank account.
The first step is to download the Square Register app for your iPhone, iPad or Android device through either the iTunes App Store or Google Play. Then you need to sign up for Square Register at the Square Web site. Once you sign up, Square will ship you a free card reader, a small device that plugs into the headphone jack of your smartphone. You can also buy the card readers at drug stores like Walgreen and Rite Aid and receive a credit for the cost for later use with Square.
One of the biggest selling points of Square is the ability for small businesses to accept credit card payments. A great example is a vendor at a farmer's market.In the past, shoppers had to use cash to buy organic kale and gooseberry jam at a farmer's market. With a service like Square, a farmer's market vendor can turn her smartphone into a fully functioning cash register that accepts payment.
If she picked all the squares in a column corresponding to the underdog team, winning four squares would happen 0.064% of the time - and she probably had one of the good numbers for that column. If she happened to pick four squares all on unique rows and columns, there's less likelihood that she would get all good numbers, and only 0.0136% of. How a 100 square football pool works is very simple. Whoever the party host or pool host may be creates at 10 squares by 10 squares chart; this is numbered on each axis from 0-9. Each axis is also labeled home/away or by each team playing, if chosen.
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Next you need to enter your bank account information into the app so that credit card payments can be deposited into your account. Square says that most payments are deposited in one to two business days.
The service isn't free, though. Square charges a fee of 2.75 percent of each transaction swiped or a flat $275 monthly fee. If you are a farmer's market vender that uses Square Register for relatively few transactions, then the percentage rate is a better deal. But if you are a larger retail store that processes a lot of credit card transactions, the flat monthly rate is the best option. Note that Square charges more for manually entered credit card numbers — 3.5 percent plus 15 cents per transaction. Even if you choose the flat $275 monthly rate, so-called 'keyed-in' transactions are charged an extra fee.
Square Register is more than a convenient payment service. The free app works just like a real point-of-sale terminal at a restaurant or clothing store, except those things cost thousands of dollars. The app lets you create entries for everything that you sell, complete with pictures and prices. To make a sale, simply tap the items to be purchased. The app even will add appropriate taxes and tips.
To process the payment, swipe the card through the reader or enter the account number manually (some online reviewers complain that the card reader is unreliable). You can even send receipts by text message or e-mail.
To boost profits and develop your business, the Square Register app offers built-in sales reports and analytics to track your best-selling items and offer loyalty rewards to frequent customers.
Now we'll look at ways to use Square as your virtual wallet.
Like with any game – knowing the rules and understanding the concept is key to having fun responsibly in gambling. Here we’ve provided some information about the basic concepts of gambling, so you can make informed choices.
Gambling can only be “responsible” if the person playing fully understands what they are doing. Here we explain the basic principles of gambling to allow you to make an informed choice.
Your role
The first part of gambling involves choosing what you want to bet or wager on. (e.g. a certain horse to win a race). The choices you make is matched to odds (e.g. 2/1, 5/2), which will decide how much money you could take home if you win.
The event
The next part of gambling is the event itself; the outcome of the event will be determined (at least in part) by the randomness of chance. You can only gamble on something that no-one knows for certain what the outcome will be – which is why players and operators take the chance of staking money!
Outcomes
What happens next will depend upon the outcome. If you have won you will be paid back your bet plus any winnings, as determined by the odds. If you have lost; then you do not get your money back.
How do gambling operators make a profit?
You may wondering: if the results of events are random, how do gambling operators stay in business?
The key is that they get to choose the odds that are given. A simple example would be on the flip of a coin. The chance of flipping one coin on one spin on heads is 50%. 50% represented as odds would be evens or 1/1.
If a gambling operator was offering a bet on a coin flip they would likely offer 10/11 for both heads and tails. Now, if you bet on £10 heads and I bet on £10 tails the gambling operator would receive £20 in bets. Whatever the outcome the gambling operator will only have to pay out a total of £19.09, meaning that they would make a guaranteed 91p each time the coin is flipped.
Operators exist to make profit from each game; meaning some people have to lose for them to stay in business.
Gambling Square Board
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Responsible gambling
How Do Gambling Squares Work
As we said before, we are not here to tell you not to gamble, just to help you understand the choices you make and to support you if you want advice. To make it easier for you we’ve explained some of the key terms here