What a weird world we live in !
An enquiry is under way into gambling with the objective of creating new laws making it easier for those who lose to get " better legal redress " in seeking compensation from gaming venues.
It seems nobody is complaining when they win - but the losers demand their money back !
This goes against the whole concept of gambling.
Every form of gambling - from playing a poker machine to buying on the share market - is a calculated risk. There is a chance that lady luck will look the other way and we will lose money - but there is also the chance that lady luck may smile - and we will make a motza.
If we over indulge in risk taking we have only ourselves to blame !
There is merit in reducing the legal amount that can be gambled in a single instance to reduce the temptation on problem gamblers, but we interfere with the principle of gambling at our peril.
All forms of gambling are weighed with the odds favouring the house. If we gamble consistently - we lose. The law of averages takes care of that.
The only reason we gamble is because chance exists that for a small outlay we will get extremely lucky and receive a rich reward.
Once that principle is overturned legal forms of gambling will wilt and die - and be replaced by illegality conducted out of sight - and then the odds will be really stacked against the gambler !
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