Gambling

[Sebastianbourg]

Oh, gambling may not be the best thing, but it isn't too bad, in moderation. Much like drinking, and, perhaps, smoking.
My parents rarely gamble, but when they did go to Las Vegas, they did gamble a few million dollars. That sort of thing is perfectly fine, however, when not done all the time, and when people get the necessary help if they become addicted.

I'd gamble in Monte Carlo (Monaco) or Macau if I were them; the nouveaux riches tend to go to Las Vegas.

No need to mention the amounts of money they purportedly gamble; it makes you look like you're part of the group I metioned above.

[Alexanda]

Oh, gambling may not be the best thing, but it isn't too bad, in moderation. Much like drinking, and, perhaps, smoking.
My parents rarely gamble, but when they did go to Las Vegas, they did gamble a few million dollars. That sort of thing is perfectly fine, however, when not done all the time, and when people get the necessary help if they become addicted.

I'd gamble in Monte Carlo (Monaco) or Macau if I were them; the nouveaux riches tend to go to Las Vegas.

No need to mention the amounts of money they purportedly gamble; it makes you look like you're part of the group I metioned above.

We have been to Monte Carlo, but they somehow preferred Las Vegas. Although they were, at the time, enjoying the many alcoholic drinks the city has to offer.
Gambling on a big scale seems to silly to me- or at least before one wins!

[The Two Jerseys]

I doubt it.

Casinos are legal in the UK, but people still go to dogfights.

Maybe it is just an cultural issue there.

I think if people get an outlet to play other games, which are as much exciting and fun than we can stop cock fighting

Michael Vick pretty much shot that theory all to hell.

[Manisdog]

Maybe it is just an cultural issue there.

I think if people get an outlet to play other games, which are as much exciting and fun than we can stop cock fighting

Michael Vick pretty much shot that theory all to hell.

What is Michael vick

[The Two Jerseys]

Michael Vick pretty much shot that theory all to hell.

What is Michael vick

http://en.wikipedia.org/wiki/Michael_Vick

[Benuty]

What is Michael vick

http://en.wikipedia.org/wiki/Michael_Vick

First time I have ever seen someone describing "who" as "what".

[Gun Manufacturers]

It should be legal, but have ways to curb the problems of gambling addiction.

Gambling is not a drug, you really don't get addicted to gambling

I've worked at 2 Native American casinos here in the US, and I can confidently say that statement is wrong. I've seen people show up day in, day out chasing that 1 big win. The problem is, they end up losing their rent/mortgage money in the process. I've watched people feed stacks of 100 dollar bills into a slot machine, and get upset when they don't win anywhere near as much as they put in. I've heard stories about people that have lost businesses because they can't stop going to the casinos.

I've also worked at convenience stores, and watched the same people spend tens, if not hundreds of dollars A DAY on instant scratch off tickets and tickets for drawings. There was one person that would come in regularly and buy an entire book of $20-$30 instant scratch off tickets (25 tickets of the $20 ones for a total of $500, and 20 tickets for the $30 ones for a total of $600). There was another woman (who worked at one of the casinos) that would buy several tickets, scratch them off in her car, come back in, buy more, tell me she was done for the night, and proceed to bother me several more times before she was ACTUALLY done for the night.

[Gun Manufacturers]

You couldn't afford me.

Have you ever had... roofies?

https://www.youtube.com/watch?v=UC8N9ye-MfE

[Indira]

While I would argue the bit about you being 'ethical' as such a term is easily misused and I would hardly say that gambling is harmless
http://www.gamcare.org.uk/
http://www.doctor-robert.com/addictive- ... n-stories/
http://www.theguardian.com/society/2013 ... -terminals
http://www.bbc.co.uk/news/uk-england-kent-28243819

However, I would also say that yes it SHOULD be legal

[Katganistan]

I have no interest in putting money in a machine unless I am getting at least a pack of gum out of the deal, and while I understand people enjoy playing, I've seen too many people get in over their heads.

I'd rather go see a Broadway show or take my friends out to dinner.

[Rio Cana]

So long as the stock market exists, a ban on gambling is absurdly hypocritical. That said, the government really shouldn't be in the business of providing an outlet for gambling (lottery).

As much as I despise stock markets for trying to ruin the Hindu undivided families, I don't think stock markets are gambling, they are a legitimate way of earning money and pure luck does not come into the picture

My answer to your comment is the following:

1. Stock manipulation

The attempt or act to artificially change the price of a security or a market movement with the intent to make a profit. One example is wash selling, in which an investor both sells then quickly re-buys the same security, hoping to create the impression of increased trading volume, and therefore raise the price. Another is churning, in which an investor makes both buy and sell orders through different brokers to create the impression of increased interest in the security and raise the price. Manipulation can be used to both increase and decrease prices, depending on the investor's perceived needs. Manipulation is illegal under the Securities Exchange Act of 1934

2. Churn and Burn

To make more trades on a discretionary account in order to inflate commissions, rather than client profits. That is, burning and churning occurs when a broker makes unnecessary trades on an account for his/her own profit, rather than the client's. Burning and churning is illegal

3. 'Cook The Books' -

fraudulent activities performed by corporations in order to falsify their financial statements. Typically, cooking the books involves augmenting financial data to yield previously non-existent earnings

During the first couple of years of the new millennium, large Fortune 500 companies such as Enron and WorldCom were found to have been cooking the books to improve their financial figures. The resulting scandals gave investors and regulators a rude awakening concerning the reality that companies were hiding the ugly truth between the lines of financial data.

[Rio Cana]

Casinos in Macau make tons more money then LV Nevada which still has the best entertainment.

Read story -
http://money.cnn.com/2014/01/06/news/ma ... index.html

[Chestaan]

As a former polo player I think horse racing is fine but what is wrong is putting a horse down, Children can learn how to take care of horses and minorily defected horses can be used to teach children, that way equestrian sports can be spread. I sometimes feel that a horse is much more loyal and is a better friend than human beings, and equestrian sports give us a chance to interact with these frankly beautiful and majestic animals

If anything equestrian should be made available to the masses

As I said, I don't see the appeal in gambling, let alone on animals.

I don't mind horses but I'm not a particular fan.

But the point of my post was more that some people will always want to see blood sports, as those people are fucked up.

I never had any interest in gambling but Edward Thorp's work on beating casino games really interests me. Gambling without an advantage is simply throwing money away, and the player rarely has the advantage (except when card-counting) without cheating.

[Chestaan]

As much as I despise stock markets for trying to ruin the Hindu undivided families, I don't think stock markets are gambling, they are a legitimate way of earning money and pure luck does not come into the picture

My answer to your comment is the following:

1. Stock manipulation

The attempt or act to artificially change the price of a security or a market movement with the intent to make a profit. One example is wash selling, in which an investor both sells then quickly re-buys the same security, hoping to create the impression of increased trading volume, and therefore raise the price. Another is churning, in which an investor makes both buy and sell orders through different brokers to create the impression of increased interest in the security and raise the price. Manipulation can be used to both increase and decrease prices, depending on the investor's perceived needs. Manipulation is illegal under the Securities Exchange Act of 1934

2. Churn and Burn

To make more trades on a discretionary account in order to inflate commissions, rather than client profits. That is, burning and churning occurs when a broker makes unnecessary trades on an account for his/her own profit, rather than the client's. Burning and churning is illegal

3. 'Cook The Books' -

fraudulent activities performed by corporations in order to falsify their financial statements. Typically, cooking the books involves augmenting financial data to yield previously non-existent earnings

During the first couple of years of the new millennium, large Fortune 500 companies such as Enron and WorldCom were found to have been cooking the books to improve their financial figures. The resulting scandals gave investors and regulators a rude awakening concerning the reality that companies were hiding the ugly truth between the lines of financial data.

Also look up the "short squeeze" and front-running.

[Terra Sector Union]

Gambling is something I would like to be banned, but it isn't necessarily as bad as acoholism. I think a good way to regulate gambling (for the US) is to have 1 casino per state, and you have to have a license to gamble which will be hard to obtain. A citizen would have to go through psychological evaluation tests before obtaining one. Lottery ticket machines you see in stores should also require an ID before purchasing.

[DnalweN acilbupeR]

Never be taken? No thanks. I want to actually do something mildly interesting every now and then with my time on this earth.

Get married and have kids then. A fulfilling life doesn't have to be dangerous, son. If fun is what you're after then go excercise and self-improve.

Why should anyone have to conform to your stance on things like "danger" , "fun", or, fuck all for that matter?

What is this inherent thing about allowing gambling or anything else you might find "risky" or "dangerous" that encroaches upon your right to seek happiness, whatever that means to you?

[DnalweN acilbupeR]

Gambling is something I would like to be banned, but it isn't necessarily as bad as acoholism. I think a good way to regulate gambling (for the US) is to have 1 casino per state, and you have to have a license to gamble which will be hard to obtain. A citizen would have to go through psychological evaluation tests before obtaining one. Lottery ticket machines you see in stores should also require an ID before purchasing.

License to gamble? Lolwut.

[King Raven]

So long as the stock market exists, a ban on gambling is absurdly hypocritical. That said, the government really shouldn't be in the business of providing an outlet for gambling (lottery).

As much as I despise stock markets for trying to ruin the Hindu undivided families, I don't think stock markets are gambling, they are a legitimate way of earning money and pure luck does not come into the picture

Stock markets are trying to ruin Hindu undivided families? And gambling isn't?

[Terra Sector Union]

Gambling is something I would like to be banned, but it isn't necessarily as bad as acoholism. I think a good way to regulate gambling (for the US) is to have 1 casino per state, and you have to have a license to gamble which will be hard to obtain. A citizen would have to go through psychological evaluation tests before obtaining one. Lottery ticket machines you see in stores should also require an ID before purchasing.

License to gamble? Lolwut.

Why not? Some people can't control their gambling addiction. Best to have certified gamblers than irresponsible ones.

[King Raven]

License to gamble? Lolwut.

Why not? Some people can't control their gambling addiction. Best to have certified gamblers than irresponsible ones.

As if the police don't have enough on their plates without policing unlicensed gamblers.

[Ikania]

Gambling is not a drug, you really don't get addicted to gambling

You can get addicted to anything. Drugs, gambling, internet games...

That being said, when engaged in responsibly, I see nothing wrong with gambling. And really, "gambling responsibly" pretty much boils down to "Don't gamble what you cannot afford to lose." If you've got a little extra cash, it's one thing; if you win, awesome, if you lose (and odds are you will,) it's not going to jeopardize your ability to meet your expenses. It's a problem when you start gambling with things like your rent or food budget, because in the end, you're NOT going to earn a living by gambling.

I've been hooked on this drug called NS for over a year now, and I don't know how to break it. Please halp.

[DnalweN acilbupeR]

License to gamble? Lolwut.

Why not? Some people can't control their gambling addiction. Best to have certified gamblers than irresponsible ones.

Holy shit dude.

Some people can't control their drinking addiction. Best to have certified drunks than irresponsible ones then??

[Terra Sector Union]

Why not? Some people can't control their gambling addiction. Best to have certified gamblers than irresponsible ones.

Holy shit dude.

Some people can't control their drinking addiction. Best to have certified drunks than irresponsible ones then??

Probably so, but alcohol shouldn't have a place in society.

[Lordieth]

Never got a kick out of gambling, myself. Maybe for a short time as a kid, until I started working out the odds. Spent a lot of time in the arcades.

I'm too much of a realist to be drawn in by it. I will have an extremely rare flutter now and again. More so out of spontaneity than any desire to gambling though. Maybe I'll buy a ticket, or a scratch card. I stop at one, regardless of a win or loss. Last time I gambled I bet on a racing dog. Simply because I've never done it before. Won £20. That was nice. Would I do it again? Nah. It just doesn't excite me.

We all have our vices I suppose. Gambling just isn't one of mine.

[DnalweN acilbupeR]

Holy shit dude.

Some people can't control their drinking addiction. Best to have certified drunks than irresponsible ones then??

Probably so, but alcohol shouldn't have a place in society.

quadruple facepalm.

Goddammit dude you're a leftist you should be toking daily or whatever