Back horses or go down to Throgmorton Street and try to take it away from the Rothschilds, and I will applaud you as a shrewd and cautious financier. But to bet at golf is pure gambling.
I won’t bet $100 against house odds between now and the grave.
The only gambling tip which amounts to anything is to keep out of the game.
If you gamble long enough, you'll always lose -- the gambler is always ruined.
In fact, a University of Connecticut study showed that as many as three in four pre-teens and teens who are exposed to Internet gambling become addicted.
Shockingly, a University of Pennsylvania study says the number of young people addicted to gambling - largely due to increased exposure to the Internet and Internet gambling - grew by an alarming 20 percent between 2004 and 2005 alone.
There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you're never going to win big in a mutual fund.
The second-worst thing in the world is betting on a golf game and losing. The worst is not betting at all.
I want people to understand, gambling is not a bad thing if you do it within the framework of what it's meant to be, which is fun and entertaining.
You shouldn't have any betting in the locker room at all, whether it's baseball or it's horses. You can't beat the horses. You can't beat any kind of gambling because they have the odds.
I don't like losing money. I don't go gamble. Because I don't want to lose any money. I didn't grow up with any money and I'm not going to go gamble and lose money.
... a legal sucker bet.
Assessing state lotteries from a consumer point of view:
The most important reason why it's dangerous to risk all your chips pre-flop is that you simply can't be certain that you are even in a coin flip situation at that time.
I rented a lottery ticket. I won a million dollars. But I had to give it back.