Wednesday, April 19, 2006

Gambling is defined in many different ways depending on the cultural and historical context in which it is used. It generally has an economic definition and meaning and typically refers to- wagering money or something that has some economical value with a not certain outcome puts forth that money in hope of winning some additional money or material goods. Gambling is any behavior that involves risk of money or valuables on the outcome of a game in which the outcome of that activity depends partially or totally upon his luck or upon his ability to do something. There is a severe risk of losing money involved in the gambling and also there is a risk of getting addicted to the gambling. These two risks are the most common risks besides some adverse side effect on health and mind. Read further...