Word... Not gambling = the way to go.

Even if it isn't huge losses like that, you still get fucked on. I was thinking about it the other day. Why would casinos exist if they lost money? Are casinos ever short on money? No, they are like the richest places around.

Let's say a guy goes to the casino once or twice every month, so about 20 times in a year. He is a reasonably smart, sensible gambler, who sets $100 aside, and if he loses, stops playing. It's rare for him to win much. Let's say he wins $250 twice, $100 once, $50 three times, $40 four times. Meaning the total amount he wins in the year is $910.

That is being pretty generous, winning isn't really that common. So he has won, 10 out of 20 times. The other times he was sensible and stopped gambling after reaching his loss limit of $100.

This person probably views each trip to the casino individually, and was probably happy every time he won, when in reality his total losses were $1000, slightly more than his total winnings. Even if he did gain more than he lost over a year occasionally, increase the scope to a span of 10 years instead of 1 and overall he has suffered losses.

This is just an average person, though... There are people who gain a lot from casinos, but there are also people (a shitload more people I might add) that lose a lot to casinos.

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