Gambling, traditionally, is defined as being the wagering of money on the outcome of an event which no one knows the outcome of with the aim being to win more money if you predict the outcome. Horse racing is a classic example of gambling as you are allowed to bet on which horse you think will win, receive odds on how likely they are to win and be offered a guaranteed return in line with these odds if you guess the outcome of the race correctly and the horse you bet would win, wins.
The problem with gambling though is that it requires money to take part. This makes it not only difficult for some people to be able do as they may risk losing money they can
By Sam Qam
Sam Qam is a reformed gambler. He was once up to his neck in debt but now he just uses free bets and a matched betting system to ensure that he never risks losing any money ever again.