Free Money Forever! Or: "Know When to Walk Away"

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My state, like many others, is considering further expanding gambling. Since the state is in awful financial shape, this is not surprising. Unfortunately, it is also not wise. Perhaps it is astonishing to hear the assertion that something promising to deliver massive piles of free cash might not, in fact, live up to its claims. So let us take a good look at what gambling is, and what more of it really means.

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