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Author Topic: Gambling  (Read 3771 times)
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StatesRights
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« Reply #25 on: July 17, 2004, 11:53:18 am »
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But I think gambling should be legal yes. Everywhere whereit has been legalized it has largely benefited the economy. Las Vegas and Atlantic City are there for you to see for yourselves.
And yes, it it possibly to consistently win, you just have to know how to bet, and know the tricks. The reon most(I think 90%) of he people loose is because they are too stupid to bother to learn it.

Go outside the casinos in A.City. That towns a dump.
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« Reply #26 on: July 17, 2004, 11:57:44 am »
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But I think gambling should be legal yes. Everywhere whereit has been legalized it has largely benefited the economy. Las Vegas and Atlantic City are there for you to see for yourselves.
And yes, it it possibly to consistently win, you just have to know how to bet, and know the tricks. The reon most(I think 90%) of he people loose is because they are too stupid to bother to learn it.

Go outside the casinos in A.City. That towns a dump.

It's in New Jersey, what would you expect? Still, it's way much better than it was before the legalization of gambling.
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« Reply #27 on: July 17, 2004, 12:00:28 pm »
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Option 1, though anyone who gambles as a way of making money is a fool.

If you just simply enjoy gambling, that's fine, but in the long run you are guaranteed to lose money.

Not true. Believe it or not, there's people who gamble for a living(though they are a rarity). These people are pros too, they know how to gamble and win consistently. Also, even infrequent gamblers can make money in the long run if they know how. So, while possible to lose money in the long run, it's no gaurantee.
There are people who play Poker for money. If you know the best way to play and find people who don't and are willing to play you for largish sums, you'll usually gain money. There is a risk of losing, but if that qualifies as gambling then so does any business venture.
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« Reply #28 on: July 17, 2004, 12:12:02 pm »
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Option 1, though anyone who gambles as a way of making money is a fool.

If you just simply enjoy gambling, that's fine, but in the long run you are guaranteed to lose money.

Not true. Believe it or not, there's people who gamble for a living(though they are a rarity). These people are pros too, they know how to gamble and win consistently. Also, even infrequent gamblers can make money in the long run if they know how. So, while possible to lose money in the long run, it's no gaurantee.
There are people who play Poker for money. If you know the best way to play and find people who don't and are willing to play you for largish sums, you'll usually gain money. There is a risk of losing, but if that qualifies as gambling then so does any business venture.

Exactly - life is all about gambling. Every time you decide to do one thing rather than another, you are taking a chance that you will make more(in money, enjoyment, or other form of gain) than you would by making a different decision. If you never take chances, you'll never get anywhere - but you can often make more by gauging the odds wisely.
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« Reply #29 on: July 17, 2004, 12:14:28 pm »
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Option 1, though anyone who gambles as a way of making money is a fool.

If you just simply enjoy gambling, that's fine, but in the long run you are guaranteed to lose money.

Not true. Believe it or not, there's people who gamble for a living(though they are a rarity). These people are pros too, they know how to gamble and win consistently. Also, even infrequent gamblers can make money in the long run if they know how. So, while possible to lose money in the long run, it's no gaurantee.
There are people who play Poker for money. If you know the best way to play and find people who don't and are willing to play you for largish sums, you'll usually gain money. There is a risk of losing, but if that qualifies as gambling then so does any business venture.

Exactly - life is all about gambling. Every time you decide to do one thing rather than another, you are taking a chance that you will make more(in money, enjoyment, or other form of gain) than you would by making a different decision. If you never take chances, you'll never get anywhere - but you can often make more by gauging the odds wisely.

The stock market is a gamble.
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« Reply #30 on: July 17, 2004, 12:24:16 pm »
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Option 1, though anyone who gambles as a way of making money is a fool.

If you just simply enjoy gambling, that's fine, but in the long run you are guaranteed to lose money.

Not true. Believe it or not, there's people who gamble for a living(though they are a rarity). These people are pros too, they know how to gamble and win consistently. Also, even infrequent gamblers can make money in the long run if they know how. So, while possible to lose money in the long run, it's no gaurantee.
There are people who play Poker for money. If you know the best way to play and find people who don't and are willing to play you for largish sums, you'll usually gain money. There is a risk of losing, but if that qualifies as gambling then so does any business venture.

Exactly - life is all about gambling. Every time you decide to do one thing rather than another, you are taking a chance that you will make more(in money, enjoyment, or other form of gain) than you would by making a different decision. If you never take chances, you'll never get anywhere - but you can often make more by gauging the odds wisely.

The stock market is a gamble.

No it's not. That is just one of the stupid miths that have been formed around the stock market, and promoted by Wall Street so that the people think they can't make money and terefor trust the Brokers with what to do with their savings. Stock market is not gambling since you are creating wealth, as oposite to gambling, where nothing is created, and because in the long term the stocks' tendency is to go nowhere but up.
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"The whole aim of practical politics is to keep the populace alarmed and hence clamorous to be led to safety by menacing it with an endless series of hobgoblins, all of them imaginary." H.L. Mencken



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only back for the worldcup
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« Reply #31 on: July 17, 2004, 12:47:02 pm »
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Option 1, though anyone who gambles as a way of making money is a fool.

If you just simply enjoy gambling, that's fine, but in the long run you are guaranteed to lose money.

Not true. Believe it or not, there's people who gamble for a living(though they are a rarity). These people are pros too, they know how to gamble and win consistently. Also, even infrequent gamblers can make money in the long run if they know how. So, while possible to lose money in the long run, it's no gaurantee.
There are people who play Poker for money. If you know the best way to play and find people who don't and are willing to play you for largish sums, you'll usually gain money. There is a risk of losing, but if that qualifies as gambling then so does any business venture.

Exactly - life is all about gambling. Every time you decide to do one thing rather than another, you are taking a chance that you will make more(in money, enjoyment, or other form of gain) than you would by making a different decision. If you never take chances, you'll never get anywhere - but you can often make more by gauging the odds wisely.

The stock market is a gamble.

No it's not. That is just one of the stupid miths that have been formed around the stock market, and promoted by Wall Street so that the people think they can't make money and terefor trust the Brokers with what to do with their savings. Stock market is not gambling since you are creating wealth, as oposite to gambling, where nothing is created, and because in the long term the stocks' tendency is to go nowhere but up.
...at inflation levels.
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"The secret to having a rewarding work-life balance is to have no life. Then it's easy to keep things balanced by doing no work." Wally



"Our party do not have any ideology... Our main aim is to grab power ... Every one is doing so but I say it openly." Keshav Dev Maurya
frenger
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« Reply #32 on: July 17, 2004, 12:58:02 pm »
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Option 1, though anyone who gambles as a way of making money is a fool.

If you just simply enjoy gambling, that's fine, but in the long run you are guaranteed to lose money.

Not true. Believe it or not, there's people who gamble for a living(though they are a rarity). These people are pros too, they know how to gamble and win consistently. Also, even infrequent gamblers can make money in the long run if they know how. So, while possible to lose money in the long run, it's no gaurantee.
There are people who play Poker for money. If you know the best way to play and find people who don't and are willing to play you for largish sums, you'll usually gain money. There is a risk of losing, but if that qualifies as gambling then so does any business venture.

Exactly - life is all about gambling. Every time you decide to do one thing rather than another, you are taking a chance that you will make more(in money, enjoyment, or other form of gain) than you would by making a different decision. If you never take chances, you'll never get anywhere - but you can often make more by gauging the odds wisely.

The stock market is a gamble.

No it's not. That is just one of the stupid miths that have been formed around the stock market, and promoted by Wall Street so that the people think they can't make money and terefor trust the Brokers with what to do with their savings. Stock market is not gambling since you are creating wealth, as oposite to gambling, where nothing is created, and because in the long term the stocks' tendency is to go nowhere but up.
...at inflation levels.

In the last 40 years, S&P 500 medium return was arpund 10% a year. Medium inflation for that period is nothing near it.
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"The whole aim of practical politics is to keep the populace alarmed and hence clamorous to be led to safety by menacing it with an endless series of hobgoblins, all of them imaginary." H.L. Mencken



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IDS Judicial Overlord John Dibble
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« Reply #33 on: July 17, 2004, 01:08:57 pm »
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The stock market is a gamble - but like any gamble a good gambler will profit from it. If you just willy nilly invest in random companies, you will likely fail, but if you look at companies carefully before you invest in them you will likely make a profit.
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« Reply #34 on: July 17, 2004, 02:22:01 pm »
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As a poker player, I support most gambling endeavors -- however, most people are too stupid to be responsible about it, unfortunatley.
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« Reply #35 on: July 22, 2004, 01:22:59 am »
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Yes!

Football is so easy to bet on!

Agreed.

An if you know the key and only bet on those games your system indicates, you can win a little more than you lose.

I did this for a year when I had cheap access to Vegas.

Won 56.8% of the time.  Paid for the trips to Vegas.

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« Reply #36 on: July 22, 2004, 01:32:19 am »
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Carl,

You don't need to go to Vegas to place a bet on a Football game....LOL

As for the overall issue...OF COURSE Gambling should be legal everywhere in virtually every form. It's no different than Day Trading on the Stock Market or playing the Lottery.
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