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Compulsive Gambling

People like to gamble, they place bets to have fun or to earn extra cash. This is complete crap. If they own the money and have the will to gamble it, so be it. Should the stock market be illegal as well? That is basically a gamble (although you have the ability to look at information and make educated guesses, it is a gamble putting money down on stock). Also, it is not the government's job to step in and say what 88Dewa we can and cannot do with our own personal money.

There is plenty of interesting analysis of the costs created by problem gambling including things like crime and extra benefits, but it is not reasonable to use this as an excess cost to the government and certainly not only to use the top of the range.

In sports betting and betting on horse racing, the odds are similarly stacked against the bettor. Wagering on horses is actually a bet against other bettors, because odds are determined by the amount of money bet on each horse. After taxes and the profit to the race track are deducted from the amount bet on the winning horses - the first, second and third finishers in the race - the remaining money is divided among the people who bet on these horses. But the favorite in each race only wins on an average one-third of the time.

What I took from all this is that I have a choice. I can be just like my father or I can take the high road. That was my choice, I'm sorry that some people can't stop themselves from engaging in destructive acts like over-gambling. I say over-gambling for a reason because when done in moderation and fit into a budget it is actually not very harmful. You're husband needs to rethink his many decisions and realize what he is doing, I'm truly sorry for you and your kids.

Gambling refers to betting for money or any valuable item with an uncertainty of winning or losing the same. Various clubs and hotels of Las Vegas offer all kinds of betting games and several new playoffs are introduced at regular intervals. Many of these hotels are legally authorized for gambling, while others gamble illegally and accept wagers ranging from pennies to multi-million dollars.