Online Casino Reveals That People Would Bet Their Mortgage Online
from the probably-not-the-greatest-thing-to-tell-the-world-about dept
As the discussion continues about how much and what type of gambling should be legal online, you would think that online casinos would want to paint a picture of online gambling in the best possible light. However, a new study published by a gaming site in Canada has found that plenty of people would gamble with their debts if they could. 45% said they'd try to go double-or-nothing on their credit card bills, while 18% of people said they'd do the same on their mortgage. If you're trying to show that people understand their limits (and the odds) when it comes to online gambling, talking about how they might double their mortgage in an online bet probably doesn't help matters.
18 Comments | Leave a Comment..
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amazing!
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Good
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It's a lot easier to be that way.
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Both a gamble, I suppose. But with Credit cards, you're assured to loose.. lol
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Sign me up!
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Re:
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Yeah, but...
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Sign me up!
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Just don't do this in Washington State
Loosen up Coward, we all can't spel lyke you and this plase don't got no spell cheker
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oh, wait, its only dangerous if someone else gets the proceeds...
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I can't believe people are this dumb. While some people may win and go debt free, the higher probability is that you will be twice as much in debt. It is astounding that so many people don't understand simple statistics/probability.
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terrific...
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Gambling in Canada
Its like with cigarettes, on the one hand the governmet puts out millions in advertising and law making to stop people from smoking and prevent it in public places, and yet, make no effort to outright ban smoking because of the tax revenue and industry it creates for the country.
I live in a country of duality on almost every single issue, where the government both supports and objects to the issues they rule on. I wish my government would just grow a set and pick a side.
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Gamble is easy
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Look at this another way.
Consider:
"I'll bet my $100,000 mortgage."
Lose
"I'll bet my $200,000 mortgage."
Lose
"I'll bet my $400,000 mortgage."
Lose
And so on, until finally you win. Now you have no mortgage. This is why house limits were established in the first place, to keep victory from being a sure thing if you had enough time and money. If you're betting debt, money isn't an issue anymore.
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