ghi wrote:
Life is a gamble.
Why is gambling immoral?
Do you gamble?
Ao the churches can have casino nights and bingo and have a corner on the market.
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#101
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00
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ghi wrote:
Life is a gamble.
Why is gambling immoral?
Do you gamble?
It’s not. And no I don’t.
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Ppert wrote:
I don't think gambling is immoral, it's everyone's choice, so it's far from being immoral.
While I agree that the notion of gambling being immoral is silly, your argument to this effect is vacuous.
By the reasoning of "it's everyone's choice, so it's far from being immoral", any action that anybody could choose to engage in is "far from being immoral." Obviously, that makes no sense (unless you consider no human actions to be immoral).
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ghi wrote:
Life is a gamble.
Why is gambling immoral?
Do you gamble?
Gambling is low class.
By definition, it is NOT immoral. Our society (modern western culture) clearly accepts gambling, so it is not immoral.
im·mor·al
/i(m)ˈmôrəl/
adjective
not conforming to accepted standards of morality.
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I see I answered this 11 months ago. I was right then. I am right today.
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Ppert wrote:
I don't think gambling is immoral, it's everyone's choice, so it's far from being immoral.
The moral problem with gambling and other "sin" industries is that prime driver of profits in these industries is a person's lack of self control.
Casinos, sports betting apps, race tracks, lotteries, etc... don't profit much off of people who just place a wager every now and then. They profit off of their regulars, many of whom have sever problems that negatively impact their families and children.
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ray wrote:
IRA's, the stock market, even 529's. Gambling no?
Over a long period of time, a diversified portfolio (which most IRAs and 529s are) show a solid return so the "gamble is pretty low". For instance, in 10 years the initial deposits I made into 2 529s had doubled.
Now playing individual stocks or trying to time markets, yeah that gets into dicey territory.
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Pareto Move wrote:
X-Runner wrote:
The issue with gambling is that in most cases the rewards do not match the risks for the gambler.
If you play roulette and bet one dollar you have less than a 50% chance of winning a dollar.
All odds favor the house in casinos. Over time, the more you play, the more you lose.
This is fine if you expect to lose and are entertained by the process.
This is not fine if you actually intend to risk something with expectations of proportionate winnings.
Are casinos providing a service for their profits?
Sure, entertainment. Many losers may disagree that they were enternained, though.
Same thing with the lottery but worse.
The awards sound great but the odds are terrible and not at all in line with the payout. And they either take 25 years to pay you or pay a fraction of the advertised award.
Investing is different. The risks are proportional to the rewards and more often than not wind up with a gain.
The immorality of gambling really isn't on the gambler but the gamer.
Those selling false hope of unearned riches where the games are rigged to line their pockets.
Casinos, lotteries, etc.
This explains why gambling is stupid more than why it is immoral. All involved know exactly what they are getting themselves into. A gambler couldn't possibly fail to realize that the games are rigged in the house's favor because the house would not exist as a business if it didn't take in more money than it gave out. One glance at a place like Caesar's Palace provides any mentally competent individual with all of the evidence necessary to realize that a whole lot of people are entering the building with full pockets and leaving with empty ones.
Clearly the people who gamble get something out of it. Otherwise they wouldn't do it. You and I may think that it's stupid, but the people who are doing it must believe that the expected earnings plus the cash value of whatever joy they're getting out of the process is greater than the cost incurred. It's a voluntary transaction, so it wouldn't happen if BOTH sides didn't benefit from it.
I would push back on the notion that casino's are "rigged". That makes it sound like they are doing something nefarious like fixing a roulette wheel. Casinos have a big incentive to make sure their games are fair---fair in the sense of not being rigged. A scandal of a rigged casino would bring it down in a heartbeat and the owners (as you note) are raking in the money so why try to rig one game?
The vast majority of people who gamble do so just fine. The folks I know set aside a pool of money like $500 and gamble with it. One friend spent something like 10 hours playing poker in Vegas. Started with $500 and left with $250. He figures he had a lot of fun at $25/hr and considered it a good deal. He won some hands, lost most, but he had fun. (As a comparison a ski lift ticket costs half that and you are not skiing for 10 hours either.)
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#110
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#111
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It's not
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Flagpole wrote:
ghi wrote:
Life is a gamble.
Why is gambling immoral?
Do you gamble?
Gambling is low class.
By definition, it is NOT immoral. Our society (modern western culture) clearly accepts gambling, so it is not immoral.
im·mor·al
/i(m)ˈmôrəl/
adjective
not conforming to accepted standards of morality.
I might say then that it is unethical. I realize that the vast majority of people couldn’t care less about gambling in their community, but they should. It leads to nowhere good. The poorer you are the more likely you are to spend money gambling. It increases a host of social pathologies where it is present.
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America First wrote:
Ppert wrote:
I don't think gambling is immoral, it's everyone's choice, so it's far from being immoral.
The moral problem with gambling and other "sin" industries is that prime driver of profits in these industries is a person's lack of self control.
Casinos, sports betting apps, race tracks, lotteries, etc... don't profit much off of people who just place a wager every now and then. They profit off of their regulars, many of whom have sever problems that negatively impact their families and children.
Well said. I heard recently that in Great Britain, 5% of gamblers are responsible for 70% of gambling revenue. Without the hard-core gambling addicts the industry would die. I think it’s wrong to spend your money on games you are clearly designed to lose you are clearly designed to lose.
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It's how Art Rooney Sr. Purchased the Pgh. Steelers
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X-Runner wrote:
The issue with gambling is that in most cases the rewards do not match the risks for the gambler.
If you play roulette and bet one dollar you have less than a 50% chance of winning a dollar.
All odds favor the house in casinos. Over time, the more you play, the more you lose.
This is fine if you expect to lose and are entertained by the process.
This is not fine if you actually intend to risk something with expectations of proportionate winnings.
Are casinos providing a service for their profits?
Sure, entertainment. Many losers may disagree that they were enternained, though.
Same thing with the lottery but worse.
The awards sound great but the odds are terrible and not at all in line with the payout. And they either take 25 years to pay you or pay a fraction of the advertised award.
Investing is different. The risks are proportional to the rewards and more often than not wind up with a gain.
The immorality of gambling really isn't on the gambler but the gamer.
Those selling false hope of unearned riches where the games are rigged to line their pockets.
Casinos, lotteries, etc. But it's up to each person to decide whether to play casino games or not to play. For me, it's like entertainment, and I play casinos from time to time. But for me, it's important to choose the best one, the most reliable and secure, because I don't want to get into trouble. The last time when I got bored with the games I used to play, this site https://betbetter-mi.com/ helped me to find a new casino because there are provided info about the best Michigan online casinos, the bonuses, and games, and I managed to choose one easily. And I can recommend everyone to do the same because choosing a good online casino will allow them to have fun and not face any problems.
I agree with you. There is a chance of both winning and losing. And everything depends on the gambler's experience, the game, or the casino they play. You may lose, you may win, or you can play for no real money and just receive a lot of entertainment. But what about immorality? I don't find it immoral. Well, morality is different for each person, so how can we say whether something is moral or not? Everything depends.
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I don't know that it is immoral. It is plenty stupid, though.
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ghi wrote:
Life is a gamble.
Why is gambling immoral?
Do you gamble?
Gambling is not immoral
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It's a topic that has been debated for centuries and opinions vary greatly. Some people see it as a form of entertainment and a way to potentially win some extra cash, while others view it as unethical due to the risk of addiction and the potential for financial loss. At the end of the day, it's up to each individual to decide for themselves whether gambling is right or wrong for them. Just remember that it's important to set limits and only bet what you can afford to lose. And, of course, if you're looking for a great place to gamble, check out the . Do you have any personal thoughts on the morality of gambling?00
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