What the Gambling Industry Teaches Us about Politics and Economics

Look, of all the things which we consider to be important in our lives, making money and how much money you make is right up there, if not the most important of them all. Sure, people might talk about happiness, religion and all that other jazz, but their actions certainly attest to making money as being the most important aspect of their lives. We humans are indeed the only species which actually pays to live on earth and well by now it’s through no fault of your own really that your entire life is governed by the way in which you earn your money.

If you decide to have an early night, it’s likely because you want to be able to wake up refreshed the next morning so that you can be productive at a job you have no choice but to go to and the same applies to a night out spent perhaps taking a chance every so often at a casino or on an online gambling platform. We are indeed all victims of a rather messed up system, unless you’ve resolved to live off the grid in a tax haven somewhere and you’re content with your subsistence farming ways and perhaps fishing for your daily nutritional needs. But what are the chances someone in that situation is reading this right now?

Anyway, if we zone-in on the gambling industry we can learn a whole lot about politics and economics, one of which lessons is that of the sheer power money has over politics, in the same way that politics has power over money and economics. It’s a vicious cycle which is perhaps the source for the saying ‘money makes the world go round’.

You don’t even have to look too hard — something as simple as an overview about Dublinbet reveals just how some politically-motivated laws and regulations created around money are quite pointless really, or perhaps they have significance to politics itself and nothing else. Sure, you can take advantage of a special offer in the form of something like a deposit-match signup bonus, or something similar, but this seemingly open privilege isn’t actually available to anybody who might have a desire to take advantage of it — at least not politically, that is.

Let me explain: Let’s say you are a citizen and resident of a certain country in the world which prohibits you from gambling online, or from gambling of any sort. If you really had the will to gamble online, you’d be able to find ways of doing it regardless of what the politicians say and sign into law. You might not be able to fund your online gaming account with the bank account you use in your home country for example, but you could transfer money from that bank account into a virtual account or an online payment processing merchant and voila, you can now gamble online!

This is symbolic of how politics and economics is related in the grander scheme of things, in that often the laws made by politicians are just symbolic — laws which can be easily circumnavigated and laws which most of these politicians circumnavigate themselves. I mean I could be only two metres away from you and we’d be separated by a political boundary, but because of that imaginary line in the sand you could be allowed to gamble online while I can’t because it’s illegal on this side of the imaginary border.

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