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bonnyreber78
GastIf you really consider it, you’ll find an extraordinary number of life’s situations which are inherently risky. Nearly everything someone does is some type of gambling. Even with such mundane act of getting up and going to work, increases one’s prospects of being killed in a transportation accident. In face of today and everything you know about investing, be it in business, an asset class (stocks, bonds, real-estate, cash and commodities), or index fund, even in its most basic element, it’s nothing more than “betting” that someday tomorrow will probably be better with pleasant expected returns on investment; or maybe not. There is only one big risk you should avoid and that’s the risk of doing nothing and not taking your chance.
Come to look-at it in face value, investing within any money market really is, legalized gambling, per se. You may look-at investing with regard to chart formation, or you put your money within the utilities anticipating when they are “due”, you cash in or again maybe not; or you decide to possess any one of the hundreds of analysts culling spreadsheets or fund index investors work on the fundamentals of investing for you in manufacturing, real estate, cash and commodities-no matter what your reasoning for that, if that is not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be lots of individuals, buying more stuff, utilizing more energy, determined by more gadgets-with hope that you may cash in; or perhaps not. You are basically “betting” on all of it.
So it’s, with the lottery-a type of gambling with origins in Florence, Italy, where the first lottery was held within the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian towns. It became a national lottery, and still known today as the Lotto in Italy, as also adopted and called in lots of other countries, such as the USA. The lottery, as a type of government-licensed online gambling agency, involves drawing of lots for a range of winnings and for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; although the lottery isn’t going to require any special skills-set to play.
As with any risk, there’s always something at stake. Even when you elect to take the risk of starting a business, you stand to lose money, time and your reputation. The exact same things you stand to gain when you take the chance to start your own business. The lots you buy to play the lottery are today within the type of tickets and the prize is often a big sum of cash. The draws are random and every player has an equal chance of winning the main prize which often grows really big with massive roll over jackpots.
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