GAMBLING
Embedded Files
4kclips - stock.adobe.com
Las Vegas has primarily been known for gambling. There is a reason why it is called Sin City. People visit (or escape) to Las Vegas for gambling, drinking, nightlife entertainment, pool parties, even weddings. What happens in Vegas, stays in Vegas.
Gambling is a fun way to put some extra money in your pocket, you can win some meaningful amounts of money, but you can also plummet your lifesavings or bankroll. Gambling was a big taboo for society in the past, but now it’s very well immersed in our environment. Gambling is more accessible than ever. You can wager on sports without even going to a casino, all you need is a mobile device. Since sports betting legalization, gambling industries have dominated the commercial space. Half the advertisements you see today are gambling, sportsbooks, and casinos content. Sportsbooks/Casinos has also partnered up with big companies and big broadcasting networks, such as PENN Entertainment with ESPN network, launching their ESPN Bet sportsbook platform. Although some states do not allow sports betting, there are ways you can still place a wager, even if you do not reside in a state that allows sports betting. One way you can bet is to travel to a state that allows sports betting and mobile casino gambling (as of May 6, 2024, only 6 states allow mobile casino gambling).
Though there are people who do make a living from gambling, including poker players, sport betting analysts, sports bettors, handicappers, touts, casino games players, esports players, but most people are not cut out for it, nevertheless the house always has the edge. The casinos and sportsbooks designed their system/model for you to lose your hard-earned money in the long run. They have statistical advantage and the more you play, the more you’ll lose. You are essentially betting your money on chance and sheer luck. I did a deep dive comparison between gambling and investing in the book. I do, however, argue (and many pro gamblers) that some forms of gambling do involve certain levels of skills. For sports betting, you can use analysis, data, statistics, and many other variables to place your wagers. As for poker, you can use your mathematical skills and read betting patterns, body language (in person), and strategize action. But casino’s games include table games and slot machines, is in the house favor.
Tada Images - stock.adobe.com
Sports betting has been on a rise. Thanks to online sports gambling legalized in 2018.
Gambling should be heeded with caution because it can quickly escalate losing meaningful money. Gambling has a lot of drawbacks, and it can get perilous if you let your emotions get the best of you. Not to disrespect those who gamble for a living, gambling should be perceived as entertainment, not a way to make money. Again, so little have the discipline and the bankroll management. If you or you know someone that has a gambling problem, you can call National Council on Problem Gambling (NCPG) confidential hotline available 24 hours at 1-800-522-4700. You can also click on the link below. National Council on Problem Gambling
Published By: Dethcon Updated on February 10, 2025
Banks aren't the only place you can park your money. You may have heard of Credit Unions (and Internet Banking). Learn the difference between the two and which is better for you.
Is it worth owning or leasing a car (or neither)? Owning or leasing a car could be financially detrimental to some folks. Millions today may be overpaying their personal owned vehicle.
Credit cards aren’t just for spending. They can benefit more than what the public claims, which is why so many misconceived credit cards.
Cryptocurrency is a virtual currency or digital money used to buy goods and services, which is also encrypted and uses advanced blockchain technology.
GAMBLING
Gambling is a fun way to put some extra money in your pocket, you can win some meaningful amounts of money, but you can also plummet your lifesavings or bankroll.
Investing in an investment account is a great way to build wealth in a shorter timeframe than a retirement account, but it also doesn't necessarily mean it can't be long term.
Loans are a way of life for millions of people. Loans are widely used to obtain cars, houses, businesses, education, franchises, and also for personal use
Everyone wants to buy a house. They want to own a piece of property. There are several exceptional benefits of owning a house, but is owning a house the right financial move?
SMARTPHONE APPS
Smartphone Apps are constantly changing the way we live our lives. We interact with these apps so much that we become somewhat reliant on them. Smartphone Apps are unique and useful in a variety of ways, but did you know that some of these Apps can save you some meaningful amounts of money?
Investing in the stock market may sound a little intimidating to new investors, but anyone can trade in the stock market and you don't need atrocious amount of money to invest.
RETIREMENT
Retirement accounts are a great fit for those who would like to invest for the long term
Page updated
Google Sites
Report abuse