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Author Topic: From a purely economics point of view, does gambling harm a society/economy? [Locked]
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
wooooooooooooooooooosh
the_great_ontex  3 stars
Title: This is what cool looks like
Posts: 791
Registered: 2012-2-13 18:38:12
A casino is a business just like any other business....

I don't really think I even need to say anything more than that...
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
A business aimed at stupid people who pay you to take their money as long as you take it in an exciting way.
the_great_ontex  3 stars
Title: This is what cool looks like
Posts: 791
Registered: 2012-2-13 18:38:12
You could say the same about Apple, a product for stupid people

And there's plenty of not stupid people who are professional gamblers. In fact gambling REALLY benefits extremely gifted people I would say who know statistics well. You could say the same about the stock market. That's just as much as a gamble if not more so
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
the_great_ontex posted:

You could say the same about Apple, a product for stupid people



Preach it bro!


Anyhow I don't think gambling should be illegal. Although certain regulations probably make sense. You shouldn't be able to use your social security check or your disability payment to gamble. But practically speaking I don't know how you can stop people from doing it.
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
the_great_ontex posted:

In fact gambling REALLY benefits extremely gifted people I would say who know statistics well.



Well, depends what sort of gambling. Slot machines never benefit anyone but the slot machine owner.
Mastara  4 stars
Posts: 1,446
Registered: 2004-12-29 22:52:21
I'm not sure, I just found out recently that you have to report anything about something like 500$ so you can pay taxes on it? Is this true? That freakin sucks.

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Yukishiro1 posted:

the_great_ontex posted:

You could say the same about Apple, a product for stupid people



Preach it bro!

Anyhow I don't think gambling should be illegal. Although certain regulations probably make sense. You shouldn't be able to use your social security check or your disability payment to gamble. But practically speaking I don't know how you can stop people from doing it.



by not trying to .. Government has no authority to regulate gambling at the federal levrl and no ,oral authority at the local level

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
Uh, if the government is sending you a check in the mail I'm pretty sure they can put any conditions on it they want (assuming they don't violate equal protection or something similar).
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Yukishiro1 posted:

Uh, if the government is sending you a check in the mail I'm pretty sure they can put any conditions on it they want



They make think they can but the black market that exist for such things shows that such thinking is logically flawed

 

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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
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