terapined
terapined
  • Threads: 95
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Joined: Dec 1, 2012
October 22nd, 2015 at 6:44:45 AM permalink
There are a lot of options to gamble
Some games take a small cut , maybe .05 percent edge VP full pay JOB
Some games a 5% cut such as Pai Gow Poker
The lottery has got to be the worst possible bet out there. About a 50% cut.
Yet the lottery is the most popular form of gambling for the poor.
I came across this article, just shocking and sad.

http://bangordailynews.com/2015/10/21/news/state/study-shows-maines-lottery-amounts-to-multimillion-dollar-tax-on-poor/
When somebody doesn't believe me, I could care less. Some get totally bent out of shape when not believed. Weird. I believe very little on all forums
Dalex64
Dalex64
  • Threads: 1
  • Posts: 1067
Joined: Feb 10, 2013
October 22nd, 2015 at 8:25:20 AM permalink
Yes, it is a bad bet.

I don't like it when it is called a tax on the poor, though. It is completely voluntary.
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