Knowing nothing about gambling is the primary reason for losing big in gambling. You may say: "I don't gamble. How can I lose money in gambling." In fact, you are gambling everyday or someone is gambling with your money without you being aware of it everyday. If you have a job and join a provident fund scheme, you may have a choice of funds that you would like to bet on with your hard earned money. Then your fund manager bets with your money. But not just the portion he bets with gains or loses value everyday. The portion you puts in your saving account gains or loses value everyday due to inflation and changes in exchange rate. Leaving your money in the hand of others without any control is the biggest gamble. The best you can do to stop others from gambling away your hard earned money is to gamble yourself and know what you are doing.
