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SPDR S&P 500 ETF Trust Message Board

  • fed_up_c_ws fed_up_c_ws Jun 21, 2013 11:57 AM Flag

    ONLINE GAMBLING DEBATE IS A JOKE

    The moral persuasion argument makes we want to puke. There is no difference between online casino style gambling and online equity trading. At least with casino style gambling you know the odds and the who the insiders are!

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    • Complete nonsense. Obviously you don't know how to calculate odds, or much of anything about the market. People who lack a strategy(like crzzz) can get very emotional AFTER a move and make bad bets just like a gambler can get very emotional after a "win" and instead of walking out and never going back - stays and loses all their money. So you can get addicted to playing the market, but that's where the similarity ends.

      Casinos FORCE YOU to play their games. The more you play, the more you will lose. That is a mathematic certainty. NOBODY is forcing you to hit a buy or sell button in the market. If you lose, it's because of what YOU DID, not odds or people tracking your trades and trying to make you lose. That's a paranoid delusion.

    • There is a difference in online gambling and gambling in 'real' casino, though. Mark my words, people can and will be fleeced much more easily in a nano-tech second and never know it it was legit. Just another (easy!) way to rob the unsuspecting -- who will have no way to prove they were robbed.

 
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