
12th February 2008, 10:50 AM
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Member
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Join Date: Jan 1970
Location: newcastle nsw
Posts: 436
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Unfortunately the 100% interest is not a one-off investment.It's the reinvestment that brings most punters unstuck.
I do however agree totally with the thrust of this thread,although it is against the get-rich quick philosophy of the majority of punters.I guess it's difficult to stop behaving like human beings.
Take a look in any large club,there are always dozens of people looking for "the big drop" Bingo,Hoy,Keno,Pokies.
I live in an area where a large part of the population is dependent on social welfare payments.If it wasn't for these disadvantaged and desperate people the local clubs would be bankrupt.Yet there are ongoing "promotions" encouraging people to gamble away the money that is meant to be feeding,educating and clothing their children.
The racing industry is little different.Not much morality when it comes to the mighty $$$$$$
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