Advertising to steal your money

I’ve talked about misleading television ads. It is assumed that stations and networks will not air ads that are not in compliance with FCC regulations. From time to time, companies are found guilty of crimes by government organizations. The FTC, FCC, or others may file suits against these businesses.

I am not referring to any groups that are anything but legitimate. Do our governments allow legal theft of our money? Yes, they do. They promise things that they cannot deliver, and you are still legal. Especially for the gambling industry. You may win some money, and that makes it legal for them to say this.

My Microsoft Word grammar check wants me to change “win” to “earn.” Does Microsoft own stock in gaming companies? This brings out another reason why I believe our culture has decided that gambling is another of those past vices that should be viewed as reputable.

Missouri made it legal for companies to establish sports betting in our state. We already have bingo, the lottery, and casinos on boats on our waterways. Now you will be able to sit at home or anywhere and make wagers for sporting events on your computers, tablets, or other devices. Of course, the spots have warnings that some find gambling difficult to stop.

I’m sure that will be as effective as the warnings against tobacco and nicotine usage, alcohol and drug abuse, and other activities that we once thought civilized society should restrict. Some areas have legalized prostitution, and often these are notorious gambling zones. Why do you think Las Vegas, Nevada, is called Sin City?

Another name for this wagering capital is Lost Wages, Nevada. In 1969, my New York Mets took their first World Series title. I was not old enough to go to Vegas and place a bet. I’m sure a twenty-dollar wager placed before the season started would have netted thousands for me. I had predicted this win for over five years.

While some chances may pay off, we need to think intelligently about the chances we take. I am constantly amazed by how many folks I know who expect to invest money in lottery tickets, bingo, or casinos and gain a fortune for future needs. Now in Missouri, you can add sports gambling to the list.

Anyone who thinks about it knows that the companies that make their money from any kind of wagers will not allow themselves to pay out more than they bring in. That means that most gamblers may win some but will ultimately lose what they win if they continue to wager.

Random games of chance are the worst offenders. Sports gaming may seem a more certain chance, yet the winner is never truly known until the end of the game, or match. There is no sure thing. Please do not be one of those that fall into this trap. Gambling is a legalized means of stealing your money.

©Copyright 2025 by Charles Kensinger


Discover more from Charles (Chuck) Kensinger

Subscribe to get the latest posts sent to your email.


Thank you for your comment