A young nobleman in ancient Athens fell in love with a statue of Agathe Tyche, goddess of good fortune. He hugged and kissed it, then offered the local council a large sum of money to purchase it. When his request was denied, he decorated the statue extravagantly with crowns and garlands, offered a sacrifice, uttered a lengthy lamentation, and killed himself.

Suetonius reported that Caligula often cheated when playing dice. The emperor once interrupted a game to go into the courtyard, where he spotted a group of rich knights passing. He had them arrested, stole their goods, then “resumed the game in high spirits, boasting that his luck had never been better.”

The Cincinnati Commercial complained in 1871 about the game of fly loo, a “detestable canker that destroys men’s souls.” Players selected sugar lumps and bet on which would attract a fly first. “Every afternoon from twenty to thirty of the very flower of our mercantile population retire to a private room and under locks and bolts give themselves up to this satanic game,” the article noted, “while the deserted ladies are languishing for a little male conversation below.”

In July 2003 details leaked of a new venture from the Defense Advanced Research Projects Agency: an online market for financial speculation on possible terrorist attacks, assassinations, and coups. “Futures markets have proven themselves to be good at predicting such things as elections results,” the Defense Department argued. “They are often better than expert opinions.” DARPA—already under fire for its proposed Total Information Awareness program—was forced to abandon the idea.

“The contempt of risk and the presumptuous hope of success are in no period of life more active than at the age at which young people choose their professions,” wrote Adam Smith in 1776. “How little the fear of misfortune is then capable of balancing the hope of good luck.”

Archaeologists found in a Utah cave as many as seventeen thousand carved sticks, canes, and bone pieces—gambling items used in the thirteenth century by ancestors of the Apache and Navajo. “Seventy to eighty percent of dice games were for women only,” one researcher said about the find, which may have been America’s first casino. “So what do we have here? Women who knew the games of other women.”