Is it always bad to gamble?

There has been much discussion on the pros and cons of gambling, usually coming to the conclusion that it is not a good thing. We are all aware that if it gets out of hand too much gambling can cause addiction, debt, broken homes and ruined lives, but a lot of people don’t realise it could actually work the other way around too. Could it be that we’re projecting the misfortunes of a few unlucky individuals onto gambling in general as a bad thing? After all, who hasn’t gambled at some point in their lives, whether they’ve entered a casino or bookies with the purpose of placing a bet, played the occasional quick game of online poker or simply bought a scratch card or lottery ticket?

Because gambling is all around us everyday, and regardless of whether it’s what we want, it’s becoming a way of life. Not just the ready availability of the lottery and Everest Poker but even the smallest, most normal things like crossing the road or trying a new flavour of crisps are a gamble, not to mention the risks we all take in business or on the property market. In fact the skills required to become a successful gambler are not so far from those that we use to make the most important decisions in life, like which house to buy or which school to send our children to. We can’t know all the facts, but by making the most of the understanding we do have of the situation we make the most educated choice we can.

Gambling comes in many forms, and quite often, luck doesn’t really come into it. You might not need any particular skills to play the lottery, but if you want to win at a game of PKR Poker or place a winning bet on the horses then the more knowledge and experience you have the more money you will make. So with the right mindset and skills anyone can become a successful gambler without getting sucked in. Not everyone who gambles ends up bankrupt, those are just the ones we hear most about – the simple trick is to make sure you never bet more than you can afford. Stick to that simple rule and you could become a successful gambler, learn loads and have a great time while you’re at it.