Gambling For Profit

[JOE]

I have this friend who does quite well at the Gambling Casino.

Virtually every time he goes, he wins.

He often starts off with $10 or $20 and comes home with $200 or $400 at the end of the night. Of course most people lose, but he manages to almost always win. I used to doubt it, but I went to the casino with him and his claims were legitimate and others corroborated his account.



I used to think that gambling was sinful and part of a depraved lifestyle. But after seeing how so many people dive into the stock market and it also attracts its fair share of seedy characters, what's the diff? Is it because in one endeavor, they don't like the guy with the moustache at the poker table because his breath smells bad due to all the cigars he smokes? But the guy in the pin striped suit at the stock exchange is 'respectable' because he's got the letters MBA from Harvard and the one at the casino doesn't have any?



And what happens to all your hard earned savings you 'invested' that got 'lost' in yesterday's stock market crash? Did it just magically 'disappear', got eaten by a computer which was spitting out the spiralling numbers when the markets fell? At least with a casino, you know where money went. The croupier took it and what you lost went to the House, or the Casino owners. But at least you know where it went. Trouble is inthe 2008 financial crisis we were all told that trillions of dollars, your money, was wiped out over night and companies just had to axe thousands of workers because they had no choice.but then reports surfaced around the same time that places like Silicon valley were flush with cash, but strangely weren't hiring any new workers. What gives? Oh so that's where all your hard earned money went.



Yknow, Leopardsocks/Oberon had a point in his earlier posts that eh stock market is one big ponzi scheme. And if that's the case, then if a person can make just as much or more money at some 'sleazy' gambling casino, then really, what's the difference?

[Anonymous]

Joe has this friend.

[Anonymous]

Joe has this friend.

You're cynical Herman.

[Anonymous]

Joe has this friend.

You're cynical Herman.

Only with certain people.

[Anonymous]

Ponzi schemes are are like pyramid schemes in that both rely on newbies to pay the early backers.Investors earn returns on new capital by new investors rather than from profit earned through legitimate sources.

[Anonymous]

Ponzi schemes are are like pyramid schemes in that both rely on newbies to pay the early backers.Investors earn returns on new capital by new investors rather than from profit earned through legitimate sources.

True enough. Legit company stocks and investment funds have always trended up. Get rich quick scams always leave behind pissed off broke people and hopefully scammers in slammers.

[Anonymous]

Ponzi schemes are are like pyramid schemes in that both rely on newbies to pay the early backers.Investors earn returns on new capital by new investors rather than from profit earned through legitimate sources.

True enough. Legit company stocks and investment funds have always trended up. Get rich quick scams always leave behind pissed off broke people and hopefully scammers in slammers.

If you have a pension, it was invested in the markets.

[Anonymous]

Ponzi schemes are are like pyramid schemes in that both rely on newbies to pay the early backers.Investors earn returns on new capital by new investors rather than from profit earned through legitimate sources.

True enough. Legit company stocks and investment funds have always trended up. Get rich quick scams always leave behind pissed off broke people and hopefully scammers in slammers.

If you have a pension, it was invested in the markets.

My pension benefits are guaranteed though.

[kiebers]

Joe has this friend.

You have no idea......  

I should post a found poetry poem from his thread titles...There are a few out there....

....oh well

[Anonymous]

Joe has this friend.

You have no idea......  

I should post a found poetry poem from his thread titles...There are a few out there....

....oh well

Do eet.

[Anonymous]

Ponzi schemes are are like pyramid schemes in that both rely on newbies to pay the early backers.Investors earn returns on new capital by new investors rather than from profit earned through legitimate sources.

True enough. Legit company stocks and investment funds have always trended up. Get rich quick scams always leave behind pissed off broke people and hopefully scammers in slammers.

If you have a pension, it was invested in the markets.

My provincial civil service pension fund is invested in a lot of things.

[shin]

It seems even casino gambling can net a profit if you don't get too greedy. You have to know when to quit, or you'll lose a lot more than you bargained for.



I think banks are the biggest gambling institutions that could ever exist.

[Wulf]

I got your gambling for profit shit right here.



http://www.drudge.com/news/205107/slot- ... 43-million">http://www.drudge.com/news/205107/slot-machine-tells-woman-she-won-43-million[/url]

[Anonymous]

It seems even casino gambling can net a profit if you don't get too greedy. You have to know when to quit, or you'll lose a lot more than you bargained for.



I think banks are the biggest gambling institutions that could ever exist.

Can you explain that shin?

[Anonymous]

I got your gambling for profit shit right here.



http://www.drudge.com/news/205107/slot- ... 43-million">http://www.drudge.com/news/205107/slot-machine-tells-woman-she-won-43-million[/url]

It's not her mistake though. The casino should pay up.