Don’t Bet on It
Gambling is having its moment. But I’m not sure it’s a moment. Once accepted as acceptable, like living with your girlfriend, I don’t think society will trend back to a a higher morality or more wise sensibility. Gambling is a game, or, if you are poor, your last best chance to solve your problems. It’s a dumb game and a worse life choice, but let’s think about it.
First, I’m not an expert gambler, so perhaps you may think I have no standing by which to weigh in. And, I am confused about what gambling is and what it isn’t. I would wager (no, I wouldn’t) that you are confused about it as well.
Was Warren Buffett a gambler? No, most would say that he was an investor. What is the difference? One factor asks if the activity leans toward chance, or skill. Buffett was a skilled investor. Some perhaps could “play” the stock market, and for them it would be gambling. No skill. In addition to skill, gambling demands that you put something like money on the bet. A guessing game is not a gambling bet unless you put money on it. Buffett, of course, invested lots of money. But the money alone doesn’t make it gambling. And also, is there a prize? Bragging rights that you were right and your buddy was wrong is not a gambling prize. But if you are able to win something of value, it may be gambling. Buffett won on many of his investments, and lost on a few as well. It seems that it was skill that sets him and other serious investors apart.
The point that makes sense to me is whether it is a serious thing or a play thing. Gambling seems to be a play thing. Since it is a game of chance, it is not serious. It is dangerous. We do not know what tomorrow holds, and research simply cannot reduce the level of chance. The number of factors involved make the serious likelihood impossible.
We take risks every single day, and we may be confused at times as to whether a “gamble” is involved. We want to be responsible and serious, and there are ways to do that. But it seems necessary to remind ourselves that only God has no risk and never gambles. Why? Because He knows at once all the contingencies of yesterday, today, and all the tomorrows for eternity. It is a reason to trust God, because we dare not trust ourselves to weigh all the factors which we cannot possibly assemble in our poor and prejudiced brains.
Perhaps the presence of “discretionary income” explains the rise of the gambling industry. We are a prosperous people, and many have money left over after the bills are paid. What to do with it? Gamble it away. I’m not sure I believe this theory, since poor people seek to get in on the gambling as well. When they lose, and they will, they have no way to get out of the hole they have created.
But I would like to question the validity of “discretionary income” for the Christian. We believe that life and all that we have is a gift from God, and as His servants, we are to steward our resources, not primarily for the good or pleasure of ourselves, but for the good or glory of the Master who redeemed us. Has God blessed us with “discretionary income” so that we can buy lottery tickets or place a bet on how many points some basketball player that we don’t know will score or what will end up being the balance of Republican vs. Democrats in the House and Senate following the 2026 elections? Is that why he has placed us in this particular tie and place, so that we can blow money on vapid games?
In the parable to the talents, three who were accountable to the Master were given various sums to invest, with the principal and interest to be returned to the Master in the future. Two were serious. One was a lout. He dug a hole and threw the money in. Was he commended by the Master? Don’t bet on it.
