RE: Overcoming the Stigma of Betting
(Edited)
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In some communities (like among the Chinese) betting is part of their culture.
in many ways is just like Risk Management where the only risk is Financial.
In fact, imho we are managing risk every day in all our activities.
Whether we know it or not we are either consciously or unconsiciously managing all kinds of risk either to stay harm-free or to be successful in our endeavours.
Except that some activities like betting requires additional Risk Management skills than what an average person possesses to be successful.
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Yes, betting used to be a big part of Australian culture but recently it's becoming frowned upon as we do have a lot of Problem Gamblers who are being very irresponsible.