Don’t get me wrong. I’m not against gambling or the gambling industry. In fact, most of the money I make is directly related to gambling on 1 form or another. But you need to know a few things about gambling to help you avoid the evil pitfalls that many gamblers fall into.
You also need to know that there’s a difference between gambling and finding a way to play gambling games with an edge. I cover this in the final section in this article.
Here are 7 reasons why I think gambling is evil. But there’s also a great deal to learn about real money gambling in this article, so you don’t want to miss anything important by skipping sections.
1 – False Advertising
When I titled this section false advertising I didn’t mean it in the traditional sense. The gambling industry doesn’t usually make false claims.
What I mean is that the entire idea of gambling is about the same as false advertising. The belief is that you can gambler and win more than you lose. But the truth is that most gamblers lose more than they win.
If you buy a lottery ticket you hope you win a big prize. You hope that you can win $100 million while only risking $2 or $3. While I also hope that I win when I play the lottery, the truth is that you don’t win the big prize and I don’t either.
When you stick some money in the slot machine you hope to win, but more often than not you lose.
The false belief costs you and millions of other gamblers money every year. Why do you believe that you can make money gambling without putting in a lot of work? Can you realistically make money in any other area of life without working?
The truth is that some gamblers do make money, but they put in a lot of work learning how to do it and practicing. Don’t fall for the false advertising.
2 – Encourages Gambler’s Fallacy
Gambler’s fallacy can take several forms, but the most common issue is the belief that something is due to happen. If you’re playing roulette and red hasn’t come up for 2 or 3 spins you believe that red is due to come up.
While this is somewhat based on fact, the problem is that the truth is that red and black are due to come up an equal number of time in the long run. And the long run is 100,000 spins or more. The long run is far more than 3 or 5 or 10 spins.
Many gamblers believe that something is due to happen, and they end up losing a great deal of money on these things. This is because they don’t really understand how probability works. They understand that something is supposed to happen on a set basis, but they don’t understand that this is just over a large number of times.
Most gambling games encourage the belief in gambler’s fallacy, and this is why casino games make so much money for the casinos. This is evil, but you can avoid it if you learn exactly how probability and large numbers work.
3 – The System Gambling Problem
You can buy a system that’s supposed to help you win when you gamble. You can find systems for just about any casino game, from slots to roulette. But there’s a big problem with gambling systems.
Before I explain the big problem with gambling systems you need to understand that there are some gambling strategies that can help you win. But there’s a big difference between gambling systems and gambling strategies.
Gambling strategies use mathematical facts to improve your chances to win. Gambling systems use false logic and weak math to try to convince you that you can win. The big problem with gambling systems is that they don’t work.
Many gambling systems look like they might work, and some even work for a short period of time, but in the long run they always lose.
Look for proven gambling strategies and avoid gambling systems.
4 – Encourages Addiction
Gambling of all kinds encourages addiction. It doesn’t matter how many ads gambling companies run about problem gambling; the fact is all that these companies offer is designed to make you addicted to gambling.
When you gamble and win you get a shot of a pleasure chemical in your brain. You want more of this chemical, so you try to win again. This leads to addiction.
Most gamblers are able to overcome this and not get addicted. But some gamblers can’t overcome it and get addicted.
The best way to avoid falling into the evil of gambling addiction is to learn as much as you can about gambling activities and how they work. Learn the different games you can play, and which games can be beat and how to beat them.
You also need to learn about the worst gambling activities so you can avoid participating in them.
5 – It’s Too Easy
Gambling is simply too easy. You can easily find a sports fan to place a bet on a game with. You can easily walk into the casino and start gambling. Just put come money in a slot machine and spin the reels or ask a dealer at a table game to help you get started.
You can stop in just about any gas station and pick up a lottery ticket. The opportunity to gamble is all around. You can even use your phone or computer to place bets.
The truth is that the gambling businesses want to make it as easy as possible to gamble. And they do a good job of accomplishing this goal.
When I was starting as a gambler you had to either fly to Atlantic City or Las Vegas to gamble in a casino or find a local private poker game or bookie. This made it more challenging to gamble.
Now I can place a wager at dozens of places using my computer or phone or drive to a casino that’s less than 2 hours from my home. And I live in the middle of nowhere.
6 – Timeless Environment
When you gamble in a casino it’s easy to lose track of time. And this is by design. If you lose track of time you’re likely to gamble longer.
This is exactly what the casino wants, because the longer they can keep you in the casino the more they’re going to make.
This can even happen when you gamble on your mobile device or on your computer. It’s easy to lose track of time, especially if you’re having fun.
The problem is that if you’re gambling like other gamblers you’re losing as you’re gambling. If you can figure out how to use the strategies required to win, at least you have a chance to win when you lose track of time.
7 – Better Options Exist
The best option is to learn how to take the gamble out of gambling. Instead of giving the casino or other gambling establishment your money, figure out how to use them to make money.
This is going to be quite hard. It takes a lot of work and study, but you can do it. But you have to learn the difference between gambling and taking advantage of gambling opportunities.
Gamblers play slot machines, buy lottery tickets, and play poker without using strategy. Winning gamblers count cards when they play blackjack, know how to handicap games to beat the sportsbooks, and learn how to use strategy to win when they play poker.
Your first step is to learn about all of the gambling options. Learn which options can never be beat and learn about the few options that give you a real chance to win.
The next step is to learn more about how to beat the few beatable games. Then start practicing and build your skills. You’re not going to win all of the time, but you can learn how to stop gambling and losing all of the time.
Almost everything is stacked against you when you gamble. When you gamble in a casino the house usually has an edge. In a poker room the house takes a fee on each hand. In a sportsbook you must risk more than you can win on most wagers.
But smart gamblers learn how to avoid the evil aspects of the industry and take advantage of small opportunities to turn the tables. The first step is to learn about the evils of gambling, and then you can take steps to take advantage of the gambling industry.
Everything about gambling isn’t evil, but you need to know which parts are bad and which are good.
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