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Do you think gambling operates like a ponzi scheme??
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[QUOTE="Sanmight, post: 73794, member: 27785"] On the contrary, I know the difference is quite much. Gambling is a very lucrative prospect that just like any other business around us comes with its own risk. Like 100% yield is just 2 odds if won is guaranteed to be paid to the winner by the bookies, but in Ponzi having satisfied the requested condition (here in lies the difference) it is not guaranteed you receive the pay promised. In countries, laws are in support of bettors with legal acts but reverse is the case for Ponzi schemes. [/QUOTE]
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Do you think gambling operates like a ponzi scheme??
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