Today at work, I couldn’t believe my ears.
I will tell you what I someone said to me in a moment. First, I will provide some context.
We sell lottery tickets at work. Oftentimes, people will come in and place bets on soccer matches. Sometimes for 100EU at a time.
I’m not a big fan of gambling. I went to a casino once in my life.
I went in with 20EU, came out with 0. That’s beause the game is rigged in such a way that the house makes a profit.
I don’t get why people do it. You are better off investing your money in an ETF, or even saving your money for a rainy day.
If you want kicks, do some pushups or have some sex. Or even get under a cold shower. Better than throwing your money away. With those three, you always win.
My father used to buy lottery tickets sometimes. The last time he did, I told him to save it and save up for a Playstation.
So this is what I heard…
I sold a lottery ticket to a guy who came in with a motorcycle helmet on. I remember this because I always find it impolite when people keep their helmets, sunglasses or iPod-ears on. Two hours later, he returned.
He told me I sold him a crap ticket. It doesn’t translate that well from Dutch to English, but the literal translation is ‘pussy ticket’. I guessed he had lost.
I couldn’t believe my ears. This guy throws his money away on a lottery ticket and then he blames me for losing.
I shrugged and told him that he had placed the bet himself and that I wasn’t to blame if he decided he was going to place a bet he was sure to lose.
He laughed awkwardly and quickly bought a Red Bull, then went on his way.
Gambling is a tax on the stupid, it’s true. Apparently not only stupidity with money, but stupidity in character, too.
It’s for lowlifes and here’s why:
If you need to gamble to enjoy a soccer match, you don’t have enough fulfilling things in your life that keep you happy. If watching a match with friends is not exciting enough for you, maybe you need to rethink what you get your happiness from.
Instead of hoping that you win money by gambling, invest your money in the stock market, in a solid ETF. The market grows with 7% each year and that’s with the crises taken into account.
Gamblers don’t see this. They think short term.
A common excuse made by gamblers is the following: “Sometimes you win, sometimes you lose.” They are happy if they’re breaking even.
With the market, you always win in the long term.
One last word of advice:
Don’t gamble kids, it’s for losers.
Until next time.