Originally Posted by
BboyArson
I think gambling should be legalized ( if it isnt ) sure you may lose money
but you may even get lucky and win money
Only idiots gamble with that purpose in mind. People who gamble in general are fools.
However, if they're stupid enough to risk money on something so foolish they deserve to lose that money. The money I've seen/heard some people blow in one night is crazy. Guy blows $10,000 in one night gambling (which I've seen), in a month would blow $300,000. Using that $10,000 I'm capable of doubling that money within a 2 or 3 months, with fair market conditions. So in a year he would lose over 3 million dollars while in a year I would have gained about $150,000, again with favorable market conditions. Though the probability that I could consistently double my worth every 3 months is rather slim, even so I'm definitly going to make more money than 99.9% of all gamblers that year with only $10,000 starting cash than if they had $3,000,000 in starting cash.
Then there's the fun aspect. This is only bearable to me if the gambler in question sets a reasonable cap on how much they're going to gamble with. With $5,000 you can buy a much more fun night, like a night out at the club and scoring big, rather than losing shamefacedly to a machine. At the very least make sure then if you're choosing the latter that the machine only eats what you can afford to give without ruining yourself.