Gambling

Gambling

Is gambling 'being bad'? Is it dangerous, is it usually worth the risk? From the lecture there were two things that became evident, first of all, nearly everyone has gambled recently and second nearly everyone who has gambled recently has lost recently. If we were to calculate all of the losses against the winnings that were handed in to the lecturer, then it seems that unfortunately the bookie would be the substantial winner. The thing that entices people to gambling must be the thought of winning big.

I also noticed that some gambling relies less on chance then others. Take my mate Greg, bit of a class act when it comes to betting on sport and he reckons that overall he has the edge over the bookie. I think the reason is that he knows alot about what he bets on which increases his chances of winning.

The danger comes when people begin to bet beyond there means, there has been much said of the addictive properties of gambling, for some it has the power to ruin lives for others it is just a bit of fun, like any other sociable pursuit.

This web page is for an article discussing the new gambling laws in the UK, http://news.bbc.co.uk/1/hi/uk_politics/3754960.stm