Indeed, that's the whole thing of it and exactly what they want. (You know, the proverbial they.)
I'm not totally against gambling/betting, if done responsibly it can provide some light entertainment. I'm not into it myself though. I'm often amazed how many betting apps exist though, as stated above. Playing on the week minded? Hmm, probably.
They say, everything in moderation, although I call bullshit on that phrase...Is it ok to murder people for fun, but only in moderation? So, yeah, I think that phrase doesn't fly. However, when something like gambling cold feasibly be done in moderation, and do little harm to a person who has the financial capability. But unfortunately for most, it gets out of hand and we end up with people getting cash advances on credit to feed their addiction.
You mention a little 25 cent fun...fair call. Bust some don't know where to draw the line and that's where trouble starts, in my opinion...not with the banks.
Yep! Agree entirely.
Online wagering is a huge thing here. Online slots! Online roulette! And sports betting! And the advertising surrounding it makes it seem like everyone wins and wins big.
I can see the attachment to it. "Just one more. Just one more and I know I'll win. I'm due." The gambler's fallacy.
I figured it would huge in the States, probably Europe and UK too. It's a problem, for those who don't, but a massive money spinner for those capitalise on people's addiction.
Humans live in hope, it's always been that way...and so many hope to get something for nothing; whole industries rely upon it.