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To: Scott Martin
Admittedly, it's anecdotal, but the NYT had a story a year or so ago about a college student who got hooked on online poker and held up a bank to get more money. I suppose he could have got hooked on day trading and done the same thing, but I still am uneasy about creating more opportunities for such things.

For every sophisticated punter trading on superior knowledge to win at sports betting or online poker, there are dozens of loser-suckers. There have to be, otherwise the system does not work.

And I really don't like the "money for nothing" ads pumped out relentlessly by the State lotteries. I once had a secretary whose retirement planning consisted of buying lottery tickets. She would not listen to me when I showed her the math. Lotteries are a tax on poor folks who can't do math.

6 posted on 05/05/2009 1:04:14 PM PDT by Martin Tell (ask for the ancient paths, ask where the good way is, and walk in it)
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To: Martin Tell

I would certainly agree that the state has no business running a gambling operation, which is what most are doing. Of course, the state seems to be doing many things it shouldn’t be doing lately.


7 posted on 05/05/2009 1:10:37 PM PDT by Scott Martin
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