Gambling Is Good Or Not

Think investing is the same as gambling or scratching off a lottery ticket?

Many people are nervous about putting their money in the market and hesitate because they believe that investing has more to do with luck than anything else.

In other words, they believe their ability to earn a return on their investment comes down to pure chance—like the flip of a card or roll of the dice. Investors and gamblers do have one thing in common: They both want to put more money in their pockets.

• Gamblers often rely on superstitions or luck. However, God views such beliefs as a form of idolatry, which is incompatible with his worship. Rather than promote a desire to get something for nothing, the Bible encourages hard work.
• It also brings entertainment. Thus, it is not honest to blame the gambling industry only because players can't control themselves. If you are a gambling person who simply can't stop, you shouldn't play for real money at all. Gambling doesn't influence the society. This is a good method of relaxation for some people.

Gambling is taking part in a game during which you risk money, or something of monetary value, in order to win money or a prize. The outcome of the game is usually down to chance, so when gambling you might leave with less money than you started off with, and sometimes with nothing at all.

Investing vs. gambling

Investing and gambling could not be more different.

Here's why investing your money is typically a better option for those looking to increase their wealth, rather than buying a lottery ticket, or going all-in with a pair of jacks:

The odds are in your favor

Anyone familiar with gambling has likely heard the phrase 'the house always wins.' Since casinos are in the business of making money for themselves, that means the scales are tipped in favor of the dealers.

Investing is generally a much more effective way of making your money work for you. And most importantly, investors have a lot more control in where your money goes and how it can grow.

Gamblers hope for a quick win. Investors want to build wealth over time

For example, if you bet $1,000 that the roulette wheel hits your lucky number, you've got one shot at cashing in. Your odds? 35 to one. That's a risky bet. And there's a good chance you'll walk away from the casino with less money than when you walked in. Casino baden redoute 2020 fotos 2017.

Understanding risk

Investing involves risk. But by building a diversified portfolio with stocks, bonds, and holdings from multiple sectors (tech, energy, etc.), you can balance out your risk. In other words, you're not betting it all on one investment—or putting all of your eggs in one basket.

If one investment goes down in value, you'll have other investments that may hold steady, and keep your portfolio afloat.

For example, numerous advisers say an effective way to manage your money is by applying aspects of Modern Portfolio Theory (MPT). Nobel Prize-winning economist Dr. Harry Markowitz conceived the idea for MPT which formed the foundation for portfolio management by balancing risk and return.

The general idea of MPT is that by investing in a diverse assortment of stocks, bonds, and other securities in a multitude of countries, you can minimize risk.

Invest with a plan

You've probably seen news reports about people who win a lot of money at the casino or by playing the lottery. These make it seem like a lottery win is not only possible but probable. Unfortunately, it's not. Losing is nearly inevitable when you gamble.

Gamblers hope for a quick win. Investors want to build wealth over time. Fast money sounds great but it isn't an actual plan to get you to your goals.

Rather than just 'win big,' many investors have a specific plan as to what they're investing for in the long term. This goal, whether it's saving for a down payment or a child's college education, should align with your investment strategy.

Once you have a plan in place, you can adjust your portfolio according to your timeline.

The power of compounding

By choosing to invest your money with a solid strategy you can allow your assets opportunity to compound over time.

Here's how compounding works:

Say you start putting away $50 a week in an investment account that owns a variety of stocks, bonds, and cash. If that account earns an average of 5% annually, you'll have over $159,669 in 30 years when the interest is compounded annually.

Gambling Is Good Or Not Enough

Bible verses about gambling

Many people wonder is gambling a sin? Although there might not be a clear cut verse from what we learn in Scripture I strongly believe it is a sin and all Christians should stay away from it. It is terrible to see that some churches are bringing gambling in the house of God. The Lord is not pleased.

Many people are going to say, well the Bible doesn't specifically say you can't do it. The Bible doesn't specifically say you can't do a lot of things that we know as sin.

Many people find any excuse they can give for what is wrong, but just like Satan deceived Eve he will deceive many by saying, did God really say you can't do that?

Quotes

• 'Gambling is the child of avarice, the brother of iniquity, and the father of mischief.' – George Washington
• 'Gambling is a sickness, a disease, an addiction, an insanity, and is always a loser in the long run.'
• 'Gambling can be just as addictive as drugs and alcohol. Teens and their parents need to know that they're not just gambling with money, they're gambling with their lives.'
• 'Gambling is the sure way of getting nothing for something.'

Gambling is of the world, it is very addicting, and it will cause you harm.

Gambling is loving something that is part of the cruel world, not only is it dangerous especially back in the days where many were being plotted on and murdered for their money. Gambling is very addictive, you can go into a casino one day thinking I'm going to spend this much, then leave without your car. For some people it's that bad and it can become even worse.

I've heard many stories about people losing their lives for owing money and people losing their lives by committing suicide because of the money they lost. Many people have lost their houses, spouses, and kids over their gambling addiction. You might say that I don't gamble that much, but it doesn't matter. Even if it is small fun gambling it is sin and it should not be done. Always remember that sin grows overtime. Your heart becomes harder, your desires become greedier, and it will turn into something that you never saw coming.

1. 1 Corinthians 6:12 'I have the right to do anything,' you say–but not everything is beneficial. 'I have the right to do anything'–but I will not be mastered by anything.

2. 2 Peter 2:19 They promise them freedom, while they themselves are slaves of depravity–for 'people are slaves to whatever has mastered them.'

3. 1 Timothy 6:9-10 Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.

4. Romans 12:2 Do not conform to the pattern of this world, but be transformed by the renewing of your mind. Then you will be able to test and approve what God's will is his good, pleasing and perfect will.

Ruby red slots online. 5. Proverbs 15:27 The greedy bring ruin to their households, but the one who hates bribes will live.

Gambling leads to more sin.

Not only does gambling lead to deeper and deeper covetousness, but it leads to different types of sin. When you go to the movie theater and buy popcorn they make it extra buttery so you will buy their expensive drinks. When you go to casinos they promote alcohol. When you are not sober you will be trying to kick back and spend more money. Many people who are addicted to gambling are also living in drunkenness. Prostitutes are always near casinos. They entice men who seem like high rollers and they entice men who are down on their luck. It is not a surprise that most casinos promote sensuality and women.

6. James 1:14-15 but each person is tempted when they are dragged away by their own evil desire and enticed. Then desire when it has conceived gives birth to sin, and sin when it is fully grown brings forth death.

Scripture teaches that we are to be on guard against covetousness.

7. Exodus 20:17 Do not covet your neighbor's house. Do not covet your neighbor's wife, his male or female slave, his ox or donkey, or anything that belongs to your neighbor.

8. Ephesians 5:3 But fornication, and all uncleanness, or covetousness, let it not be once named among you, as becometh saints.

9. Luke 12:15 Then he said to them, 'Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.'

As Christians we are to fix our attitudes on money.

10. Ecclesiastes 5:10 Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless.

11. Luke 16:13 'No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.'

What is your eye gazing upon?

Your chance of winning the lottery on a single ticket is one in 175 million. That means that someone has to really be greedy and have dreams of riches to still try and play the lottery. You have to pay for more and more tickets because of your greed and what you are really doing is emptying your pockets because of your covetousness.

Most gamblers throw money away. Most people who go to casinos lose money that could have been used for paying bills or on the less fortunate, but instead people would rather throw it away. It is wasting God's money on evil, which is similar to stealing.

12. Luke 11:34-35 Your eye is the lamp of your body. When your eyes are healthy, your whole body also is full of light. But when they are unhealthy, your body also is full of darkness. See to it, then, that the light within you is not darkness.

13. Proverbs 28:22 Greedy people try to get rich quick but don't realize they're headed for poverty.

14. Proverbs 21:5 The plans of the diligent lead surely to advantage, But everyone who is hasty comes surely to poverty.

15. Proverbs 28:20 The trustworthy person will get a rich reward, but a person who wants quick riches will get into trouble.

We are to be hard workers.

The Bible teaches us to work hard and worry about others. Gambling teaches us to do the opposite. In fact, many of the people who play the lottery are poor. Gambling destroys something that God intended for good. You have to understand that the devil is using it to destroy the foundation of work.

16. Ephesians 4:28 Let the thief no longer steal, but rather let him labor, doing honest work with his own hands, so that he may have something to share with anyone in need.

17. Acts 20:35 In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.

18. Proverbs 10:4 Lazy people are soon poor; hard workers get rich.

19. Proverbs 28:19 Those who work their land will have abundant food, but those who chase fantasies will have their fill of poverty.

Gambling and betting is giving the appearance of evil.

What would you think if you went inside a casino and you saw your pastor holding money in one hand and rolling dice in another? That picture just wouldn't look right would it? Now picture yourself doing the same thing. Society does not look at gambling as being honest. The betting industry is a dark world filled with crime. Google treats gambling websites like pornography websites. Gambling websites contain a lot of viruses.

20. 1 Thessalonians 5:22 Abstain from all appearance of evil.

Many churches want to turn God's house into a place to play bingo and other gambling activities, which is wrong. God's house is not a place to make profit. It is a place to worship the Lord.

21. John 2:14-16 In the temple courts he found people selling cattle, sheep and doves, and others sitting at tables exchanging money. So he made a whip out of cords, and drove all from the temple courts, both sheep and cattle; he scattered the coins of the money changers and overturned their tables. To those who sold doves he said, 'Get these out of here! Stop turning my Father's house into a market!'

Gambling is not trusting in the Lord.

One of the greatest problems of gambling is it takes away from trusting in the Lord. God says I will provide for your needs. Satan says roll the dice there might be a chance that you win and become filthy rich. You see the problem. When you trust in God nothing is by chance. God provides for our needs and God gets all the glory. Gambling is showing that you don't really trust in the Lord.

22. Isaiah 65:11 But because the rest of you have forsaken the LORD and have forgotten his Temple, and because you have prepared feasts to honor the god of Fate and have offered mixed wine to the god of Destiny.

23. Proverbs 3:5 Trust in the Lord with all your heart and lean not on your own understanding.

Reminders

24. Proverbs 3:7 Don't be impressed with your own wisdom. Instead, fear the LORD and turn away from evil.

25. Proverbs 23:4 Do not wear yourself out to get rich; do not trust your own cleverness.

In conclusion.

Gambling Is Good Or Not Allowed

You have a higher chance of being struck by lighting than winning the lottery. Most gambling is not made for you to win. It's made for you to dream about what if I did win. Gambling fails in its attempt to give people hope because most people spend thousands of dollars for nothing. Just take a thousand dollars and throw it in the garbage that is exactly what gamblers do over the course of time. When you have greed you will always lose more than you gain. Gambling is bad for your health and it violates many Scriptures as seen above. Seek hard work and trust in the Lord with your income.

Gambling Is Good Or Not Working