Gambling: The One Armed God (Part 2)

Allen WebsterAudio

Gambling is paying money for a chance to receive a prize of greater monetary value. It’s not just taking a risk. It’s creating an unreasonable risk.

Free door prizes are not a form of gambling because no money is risked in receiving them. Investing in stocks is not gambling because it is helping someone run a business it involves partial ownership and it demonstrates wisdom in planning for the future. And insurance is not gambling either because it is also a preparation for the future.

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Allen Webster

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