How Do People gamble?

gambling

How Do People gamble?

Gambling is the wager, alone, on some future event having an uncertain outcome in the hopes of eventually winning something of equal value. Gambling therefore requires three components for this to be legitimate: risk, consideration, and a prize to be won. It is not entirely clear how gambling came into existence but it has been around because the earliest civilizations. Archaeological evidence reveals that gambling was widespread on the list of ancient peoples. Plutarch, a Roman gladiator and writer, identifies gambling when he describes the games conducted in the streets of Rome.

Although some think about this to be merely as a passing phase in history, others believe it to have been in charge of the rise of Buddhism in India. Buddhism was created out of Hinduism and its own founder, Buddha, took upon himself the duties of a monk and spent a lot of his time traveling and meditating. During this time period he developed an addiction to stillness, which led him to establish twenty-four hour retreats where he could relax and forget about his cares and troubles.

Later through the sixth century AD, the Trojans invading the Asia Minor region were able to introduce gambling into the Greek culture. This was an open invitation for all the people in the region to gamble because it was financially viable for them. In the future, each of the eastern countries began to develop gambling addictions as they were suddenly exposed to a higher risk of loss and the need to increase their winnings.

Soon, the Romans introduced lottery games and bingo aswell. The Romans had an obsession for numbers and soon it became commonplace to put bets on lottery and bingo games. This is where the first Greek philosopher, Socrates, started to question the underlying foundations of the thought of material wealth. He begun to question why all the people were earning so much money while some of them were suffering. Later philosophers like Aristotle added to the growing argument for gambling by claiming that our bodies are only machines and therefore could be “taught” to do things. Later still, through the twelfth century, the Black Death destroyed a lot of the European population and this caused an enormous loss in the currency of the Europe