In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble.
Sentiment: NEGATIVE
The best restraint is old-fashioned market discipline, in which financial traders know that they, personally, will lose a ton of money if they take risky bets that don't pan out.
Gambling with cards or dice or stocks is all one thing. It's getting money without giving an equivalent for it.
I'm not really a betting person. I work too hard for my money to give it away.
I'm not a gambling-man. I have never bet a dollar in all my life.
Gambling can turn into a dangerous two-way street when you least expect it. Weird things happen suddenly, and your life can go all to pieces.
Oh, it's not really gambling when you never lose.
First a piece of Irish wisdom: you should always listen to a bookie. For they have a saying, 'Money tells a good story,' and somewhere in their odds is a kind of science-fiction existentialism that decrees that we, the people, know everything. In other words, betting patterns often make for good, unconscious soothsaying.
All gamblers lose regularly, but they rarely discuss it in public. Losing is bad for the image, dude. Nobody buys Hot Tips from Losers. Remember that.
Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.
Gambling: The sure way of getting nothing for something.