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What Is The Difference Between Lottery And Gambling?
Written by Graham McKenzie   
Wednesday, 10 March 2010 08:23
'Gambling' can be defined as a game of chance, which involves the use of stakes (any valuable possession that you may want to offer in exchange for a chance to win the stakes of all the other players). The winner wins all the stakes of the other players but the worst part of gambling is that the winner need not compensate the losers for their loss.
by GrahamMcKenzie


'Gambling' can be defined as a game of chance, which involves the use of stakes (any valuable possession that you may want to offer in exchange for a chance to win the stakes of all the other players). The winner wins all the stakes of the other players but the worst part of gambling is that the winner need not compensate the losers for their loss.

Casinos, card games, slot machines, horse racing, poker, and bingo are some of the most popular forms of gambling. In fact, lottery is one of the most popular forms of gambling, preferred by a middle-class person, which requires the participant to buy a lottery ticket of his choice and wait until the lot is made and the winner is declared. Lotteries offer varying amounts of prize money or gift item that is pre-decided and mentioned on the lottery ticket.

Although gambling is highly popular in several parts of the world, yet, it is strictly forbidden in the Islamic nations because Islam considers gambling to be an absolutely unethical practice, something which is equivalent to committing a big sin, and must therefore be avoided.

But in the other parts of the world, gambling has gained immense popularity and it is treated not only as a means of earning some extra cash, but also as a means of entertainment. Governments of many countries like Spain, France, Canada, Belgium, U.K, and in several states in the U.S even encourage lotteries and conduct mega lottery bonanzas from time to time. The revenues so generated are used for improving public utilities and general facilities for the public, such as using the funds from lottery for construction of schools, playgrounds or hospitals.

The craze for lotteries and gambling is very high across the globe and people from all income groups are found to be indulging in gambling. In fact, lotteries have earned the name - "tax on stupidity" because there are very remote chances of winning in a lottery, when compared to the other popular forms of gambling, and yet we stupidly keep buying lottery tickets in the hope of winning some day. Since the revenue generated from gambling is used for social service such as for the construction of roads, schools and hospitals, it is used more or less like the taxes paid by us. Hence it has earned the name - "tax on stupidity".

It has been reported from many parts of the world that people are taking up gambling not as a means of entertainment, but as a serious way of generating income for themselves. This obsession to gamble has taken a far more ugly shape and many individuals are reported to be suffering from compulsive gambling, which is a psychological disorder, wherein the patient cannot overcome the desire to continue gambling, although he may have incurred huge loss because of it.

Lottery or gambling as such is not a bad means of entertainment. It is just that gambling using stakes is objectionable because by doing so, your hard earned money is at stake. Unless you are rich enough and loss of a few thousand dollars is not a very big affair for you, you must not go ahead with gambling any longer. Instead of stakes, you can use gifts to make your gambling experience even more enjoyable.

About the Author:

Graham McKenzie is the content coordinator for a South African UK Lottery Ticket website, where you can buy tickets to play the UK lottery and participate in the Euro millions draw.
 
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