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If you really consider it, there are an extraordinary range of life’s situations that will be inherently risky. Nearly everything someone does is some form of gambling. Even with such mundane act of getting up and going to work, increases one’s probability 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 is nothing but “betting” that someday tomorrow will probably be better with pleasant expected returns on investment; or possibly not. There is just 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 in almost any money market really is, legalized gambling, per se. You may look-at investing with regard to chart formation, or you put your hard earned money in the utilities anticipating once they are “due”, you cash in or again maybe not; or you decide to have any among 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’s not online gambling agency – the full report -, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be lots of folks, buying more stuff, utilizing more energy, dependent on more gadgets-with hope you can cash in; or possibly not. You are basically “betting” on all of it.
So it’s, with the lottery-a form of gambling with origins in Florence, Italy, where the very first lottery was held in the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian cities. It became a national lottery, but still known today as the Lotto in Italy, as also adopted and called in many other countries, such as the United States. The lottery, as a form of government-licensed gambling, 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 just chance alone; although the lottery does not require any special skills-set to play.
As with any risk, there is always something at stake. Even if you decide 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 opportunity to start your own business. The lots you buy to play the lottery are today in the form of tickets and the prize is usually a large sum of money. 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.
