Most of the posts I have come across here in the gambling section has always centered on negativity about gambling. If it's not about gambling making someone go broke, it will be about one negativity or the other. Sometimes reading the comments in those posts scares me, because of how some people describe their horrifying gambling experiences. This made me to come up with this post to ask this important question; Is gambling really that bad? Are there no good effects of gambling on people? Gambling can't just be all bad all the time. Well if you think it's all bad, why are you still gambling?
Maybe there is a Pareto distribution is gambling. Gambling is bad 80% of the time and good 20% of the time.
The bad experiences around gambling are way more than the good experiences, but overall gambling isn't 100% bad(which is a good thing, I guess).
You lose money most of the time and you could get scammed, but every once in a while you get lucky and win a decent amount. The problem is how not to get carried away(and how not to get addicted) and waste your profits.
Maybe some people do learn important life lessons while losing money on gambling. Lessons like "nothing comes easy" or "luck is rare, you have to be prepared for luck, when it comes".