When talking of profitable business or industries, one that easily comes to mind is gambling. It has been in existence for thousands of years, evolving over time to become the highly sophisticated behemoth that it is today. You can gamble online or in the luxurious casinos of Nevada.
However, looking away from the mega-profits made in the industry, one easily observes the flaws and disadvantages of the art of gambling. These include the devastating effects it has on the finances. A typical long-time gambler will not hesitate to put his monthly salary on a senseless bet without thinking of the repercussions that will come later. Countless number of people have been wrecked because of their gambling habits. In extreme cases, some had to declare bankruptcy stemming from gambling and countless lotto tickets.
Apart from burning a gaping hole in your financial pockets, another disadvantage of gambling is that it is a sheer waste of time. As a well-known saying goes, time is money. You stand a better chance of becoming rich and wealthy by being hardworking and diligent at your work instead of loitering around posh casinos waiting for a hail of dollars. That is a dream that may never come true. The time that some gamblers invest in the activity is both baffling and incredible. Some sleep in casinos and do not go home.
Chronic gamblers make poor businesspersons as they are too busy playing the cards to set up an appointment that can land them the millions they earnestly desire. Even though it can be seen as fun, you can get hurt or even killed while indulging in gambling. As the activity usually involves money, hot arguments may degenerate into serious scuffles.