Some are fond of the phrase, “gambling is a tax on people who are bad at math.” While it's true that the house makes a profit, and therefore “always wins,” the fact is that now and then someone has to win or else people won't play anymore. There are many ways to gamble, from scratch-off and lottery tickets to slot machines and skill-based games like poker, as well as betting on sports events. The latter games aren't legal everywhere, with the local governments preferring to have an exclusive monopoly over gambling. Although Illinois has some legal casinos, they are dwarfed […]
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