General Discussion

Jacson6

(832 posts)

35. One of my parents lost a lot of money 50 years ago.

Mon Sep 23, 2024, 12:46 PM

Sep 23

Most of his gambling was with mobsters and at the race track. He owed a lot of money and they made it in his own best interest to take a equity loan on their home. He actually never gambled again. He wouldn't even buy lotto tickets any more.
Most gambling is for suckers. I spend $1 a week on a lotto ticket, but that is all I do.

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Highlight:

Legalizing Sports Gambling Was a Huge Mistake [View all] WhiskeyGrinder Sep 23 OP

I believe ALL easy-access gambling is harmful. yagotme Sep 23 #1

The addiction pathway Warpy Sep 23 #36

They learned very little from 19th century Britain malaise Sep 23 #2

Gambling is universally legal in Britain now Trenzalore Sep 23 #21

I know malaise Sep 23 #23

The alternative is organized crime Trenzalore Sep 23 #24

It is not as though there was not sufficient evidence on gambling impact to predict this... hlthe2b Sep 23 #3

What? They have pokies in the airports? That's just weird.. Violet_Crumble Sep 25 #110

Hah! I have never heard the term "pokies"... No, Nevada is the exception with them nearly everywhere.. hlthe2b Sep 25 #111

Yep DeepWinter Sep 23 #4

But they will blame the Democrats and a "bad economy" for not having any spending money Walleye Sep 23 #6

Now there's a shocker. RandomNumbers Sep 23 #5

Gambler's ruin is theorem part of earning Stats degree IbogaProject Sep 24 #89

I noticed those self-righteous evangelical Christians haven't weighed in on this Walleye Sep 23 #7

Legalizing ONLINE gambling was a bigger mistake jmowreader Sep 23 #8

Its not really the governments job Mountainguy Sep 23 #9

it is actually a good part of the government's job NoRethugFriends Sep 23 #11

It shouldn't be Mountainguy Sep 23 #12

So you're opposed to seat belt laws? nt thucythucy Sep 23 #18

Yes Mountainguy Sep 23 #50

Who ends up paying the medical and rehab bills thucythucy Sep 23 #60

Do you think government should regulate how much you eat? Self Esteem Sep 23 #70

I think government should certainly ensure that the food we eat isn't outright poisonous. thucythucy Sep 23 #73

Your line drawn is inconsistent and why your point falls apart. Self Esteem Sep 23 #78

Exactly Mountainguy Sep 23 #80

"A foolish consistency is the hobgoblin of little minds." thucythucy Sep 24 #90

I think your stance is anti-pragmatic actually. Self Esteem Sep 24 #98

I think the difference here is that thucythucy Sep 24 #103

The onus of obesity should not be on the individual. alarimer Sep 24 #94

Yeah I disagree entirely. Self Esteem Sep 24 #99

You are completely 100% wrong. alarimer Sep 24 #106

I am not wrong. Self Esteem Sep 24 #107

Yeah, i have seen some pretty horrific injuries and bills Mountainguy Sep 23 #79

I'm sorry you had to witness those injuries, but personal anecdotes generally don't make for good public policy. thucythucy Sep 24 #91

What a non sequitur that is. nt Disaffected Sep 24 #108

It isn't just protecting people from themselves . . . markpkessinger Sep 23 #65

Still not the job of the government Mountainguy Sep 23 #81

This is not a libertarian site . . . markpkessinger Sep 24 #100

And telling people how to live their personal lives Mountainguy Sep 24 #104

Sure. And that's all speed limit laws do too. Disaffected Sep 23 #74

Sorry but no Mountainguy Sep 23 #82

"Impacts others" you say. So does non-use of seatbelts. Disaffected Sep 23 #85

You want to argue that Mountainguy Sep 24 #86

I would contend that a logical pretzel is Disaffected Sep 24 #96

Atleast you understand the first rule of holes. Mountainguy Sep 24 #97

This message was self-deleted by its author Disaffected Sep 24 #109

Isn't the ability to file bankruptcy a "nanny"? Envirogal Sep 23 #33

No, its a safety net Mountainguy Sep 23 #51

"What's best" is a state enabled addiction Envirogal Sep 23 #67

I got a bridge to sell you if you think day traders do their thing on a fair playing field. PeaceWave Sep 23 #13

Ok, but not the point Mountainguy Sep 23 #17

Day trading cannot be made illegal. However, educational advertising wouldn't be a bad idea. PeaceWave Sep 23 #20

That is a great idea! Envirogal Sep 23 #34

I see a tiny notice on all gambling ads dickthegrouch Sep 23 #77

They have Mountainguy Sep 23 #83

It could absolutely be made illegal Mountainguy Sep 23 #53

There is already a capital gains penalty for making short term investments. However... PeaceWave Sep 23 #58

Or laws Mountainguy Sep 23 #84

It's been a long-standing rule with every broker... calguy Sep 23 #61

Of course it is Cirsium Sep 23 #28

Of course the government has the responsibility to protect its citizens! PJMcK Sep 23 #29

That is why there are laws against drug possession and prostitution. MichMan Sep 23 #49

And two more examples of laws that shouldnt exist Mountainguy Sep 23 #55

No, they should not be allowed to "sell" themselves alarimer Sep 24 #95

Libertarian Underground is that way. RandomNumbers Sep 23 #62

Making it easier to access. The sure thing is losing. Historic NY Sep 23 #10

All the casinos are going broke!!! Johnny2X2X Sep 23 #14

There are people who will bet on an app who wouldn't go to an illegal bookie Ex Lurker Sep 23 #26

They're going broke, and like most MBA-run organizations MurrayDelph Sep 23 #66

Good perspective on the lure away from casinos Envirogal Sep 23 #68

Thanks, I forgot to mention slot machines MurrayDelph Sep 23 #76

Good stuff J2 and so true.... democratsruletheday Sep 23 #72

I loathe gambling...seen it fo too much damage Maeve Sep 23 #15

After reading this the only thing I could do was heave a big sigh. What else can you say? Biophilic Sep 23 #16

Slightly Dubious ProfessorGAC Sep 23 #19

It put the bookmakers out of business Trenzalore Sep 23 #22

Commercials for gambling apps frighten me ... Intractable Sep 23 #25

I saw an ad from an online sports betting site this weekend. MineralMan Sep 23 #27

Those micro bets used to be in house. Xolodno Sep 24 #88

I'm sorry, but anyone who... dchill Sep 23 #30

If you ever lived next door to a Bookie Captain Zero Sep 23 #31

The neglected part of the conversation Trenzalore Sep 23 #37

Pennsylvania Volunteer Fire Halls - famous for running Bingo games with huge payouts FakeNoose Sep 23 #45

Bingo is still a thing Trenzalore Sep 23 #56

They haven't made an Oldsmobile convertible for 30 years. MichMan Sep 23 #52

Because of conservative "values..." Grins Sep 23 #32

Exactly! This happened with "riverboat gambling" Envirogal Sep 23 #42

One of my parents lost a lot of money 50 years ago. Jacson6 Sep 23 #35

Sorry. Yeah, my dad was in it big. When he passed away, I got a call from a Las Vegas casino telling me my dad Silent Type Sep 23 #48

Exactly what I do!! Grins Sep 25 #112

Before there was anything called "Sports Gambling" that was legal Liberal In Texas Sep 23 #38

Gosh! Who could possibly have predicted this!? --:sarcasm: n/t TygrBright Sep 23 #39

I'm pretty much out on all vice laws, sorry. TheKentuckian Sep 23 #40

Same here. Oopsie Daisy Sep 23 #47

I kind of agree ecstatic Sep 23 #75

I for one am sick of the freaking advertising Pas-de-Calais Sep 23 #41

And just a small amount of common sense would make one realize RandomNumbers Sep 23 #69

Even worse political gambling angrychair Sep 23 #43

I've never even bought a lottery ticket. 3catwoman3 Sep 23 #44

Here in the state of MO, there's an initiative to legalize sports betting... SWBTATTReg Sep 23 #46

Yes, whatever the scam, it's always about "The Children" . . . . hatrack Sep 23 #71

I know men in their 20s who are highly susceptible for developing gambling addictions. NCDem47 Sep 23 #54

Sure...but thats already illegal Mountainguy Sep 23 #57

Legalized sports gambling causes an increase in domestic violence. Diamond_Dog Sep 23 #59

Gambling used to be sinful. Now it's tax revenue so it's ok. keithbvadu2 Sep 23 #63

sure Mountainguy Sep 24 #105

Legalized gambling everywhere is essentially a "poor tax" Happy Hoosier Sep 23 #64

I'd like to take a deeper dive into that data set. Xolodno Sep 24 #87

People used to have to go to Vegas or bet on horse racing if they wanted to gamble MichMan Sep 24 #101

And water is wet . . . hawkeye21 Sep 24 #92

I agree. alarimer Sep 24 #93

One time I allowed myself to have fun in Atlantic City. Arne Sep 24 #102