Take this bet?
All about gambling
The Difference In Gambling:
What's the difference between gambling in everyday life - like when you decide to take one job over another job, or when you buy stocks - and gambling at a casino or on a slot machine?
In the actual business of gambling, the gambling business is 100% guaranteed to "win" over time.
The "bettors" (the gamblers) are absolutely guaranteed to lose, if they keep gambling. If they continue to gamble, they will lose 100% of the time.
And in many types of betting, the chances of you winning anything - ever - are this small:
- You are standing in the center of a huge football stadium.
- You are blindfolded.
- A friend lets a single ant loose, either on the field or in the stands.
- Your job is to stick a pin in that ant.
Your chances of pinning the ant are better than the chances that you'll win some gambling bets.