Do you feel that investing money in gambling will help overcome problems caused by unstable income? Investing and gambling are not the same. Investing is based on something more than mere chance or luck. It is based on logic.
You would be doing nothing more than gambling if you choose your company without any reference to any of the investment strategies. However, what analysts and intelligent investors do is not gambling. It is a planned approach that can be predicted, to a reasonable level.
On the other hand, gambling is completely based on luck or chance. Flip of a coin cannot be predicted. Hence, do not make the mistake of treating gambling as an investment strategy that can help you boost your income.
Secondly, you will find it impossible to sustain your income. Even if you do win prizes once in awhile, chances of winning on a consistent basis and maintaining your monthly budget out of this income is just not possible. Have you ever known of a gambler who has won jackpots on a consistent basis? Such individuals can be counted on the fingers of one hand. Considering the fact that billions and billions of individuals have been gambling since the beginning of time, it is certainly a very poor score.
Another reason why gambling is not going to work is because the mathematics does not add up. Each and every new gambler in the fray is going to reduce your chances of winning. If there are two persons gambling for a single price, each person has a fair chance of winning. However, if the total number of persons rises to ten, the chances of winning come down drastically.
Considering all these factors, it is best to admit that gambling and earning money is no different than hoping that somebody would loan you a million dollars without a collateral or any other commitment whatsoever.