Tag: gambling

The Real Winners In Online Betting Markets

Let’s start with the disclosure: I enjoy betting—though I’m too frugal to ever risk more than maybe 20 bucks. Recently I’ve wagered on World Cup soccer games, and I’ve admitted in previous columns to betting on political races. To me, calculating the odds and...

Betting on Political Races: My Penny-Ante Hobby May Soon Be Banned

Four years ago I confessed in a column that I was guilty of day trading. Except that, as a political junkie, I trade in election outcomes, not stocks. I have no interest in betting on anything else, including sports and equity markets. My speculative adventures have...

Investing, Done Correctly, Has Risks But Is Not Gambling

Is investing in the stock market akin to gambling? It certainly carries a reasonable amount of risk. Yet, done correctly, investing in the market is not remotely gambling. For comparison, consider games of chance. The best one to play is Blackjack. If you play every...