Saturday, January 22, 2011

On Gambling

What is gambling? According to dictionaries, it can be used both as a verb and as a noun. As a verb it means "to stake or risk money, or anything of value, on the outcome of something involving chance". As a noun, it means "any matter or thing involving risk or hazardous uncertainty; or a venture in a game of chance for stakes, esp. for high stakes."

If you look at the definition, it does not necessarily mean casinos or online gambling although it has come to be known that way. There are various types. Electronic games like video poker is one of them. There are also other forms that do not involve real money but materials which have a value, among them games like Pogs  or Magic. The Gathering.

Looking back at history, religious perspectives on gambling have been mixed. Both the Catholic and Jewish traditions have even set aside days for gambling, although religious authorities generally disapprove of gambling.

Gambling is also considered a major international commercial activity because the legal gambling market ushers in millions of dollars per year.

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