7 July 2009

Easy Money

I remember staring at a street poster in New York sometime last year; $436 million jackpot (or something along those lines, I don't remember the exact figure). Even assuming you get a discounted present value of the money over a certain number of years, or get a lump sum, that amount is a little bit ridiculous.

Still, it's probably one of the easiest ways to get rich; gambling. Drop in an affordable 'investment' and win a huge amount of money. No effort required, what could be better?

Well, considering the Gulf countries base their laws on 'islam', gambling is actually haram and therefore illegal. No public casinos, no betting on races etc, no lotteries.

Wait, what?

I'm walking around Dubai Airport, staring at grand prizes to be won, for a BD20, BD50 or BD100 per ticket. That prize ranges from a Porsche to a Bentley, and in one case, a pure million dollars of liquid cash.

Hmmmmm..

This is obviously not a new discovery but isn't this technically gambling? Gambling is haram because you're throwing away your money to an uncertain, undefined risk. Is the fact that you 'know' how many other tickets are being sold make it legible? ie you know your exact chance of winning?

It's sort of like Islamic Banking, the fastest growing banking sector in the world. Everything is re-defined to not include "interest". But of course you do have "profit". Hmmm. I've also found it funny how they justify things like cash loans (which technically aren't allowed in islam) by coming up with this whole story that your loan actually includes buying diamonds in South Africa which are then exchanged for cash and you end up paying for the diamonds in installments etc.. I've taken that loan a while ago, I never saw any diamonds..

So how is this lottery gambling thing justified? And if it is, then why won't they give me a permit to start up a casino? I know it'll make a lot of money. Investors interested in the idea please call me.

We'll make it a halal casino, don't worry. I'm sure there's a huge growth market out there for it.

8 comments:

  1. h929019:45

    I'm in for the halal casino, but promise it will be a casino with black jack and strippers, you know what forget the casino part :p

    ReplyDelete
  2. The lottery is not an easy way to make money. I sell lottery tickets at my store and every week I see people spend a lot of money on lottery tickets and lose. they would actually have more money if they stopped playing and saved that money that they used

    ReplyDelete
  3. Anonymous05:48

    Haram means forbidden, right?

    I heard that in Saudi Arabia, you can't even find board game, especially those which use a dice, because this is technically gambling. Weird.

    That said, not sure if gambling is the way to be rich... it certainly is one way to lose everything.

    ReplyDelete
  4. Anonymous17:27

    Talking of dice, I remember how we once played fake poker using Monopoly money and dice, for fun because we were bored with Monopoly. That was the 90s. We grew up and went our ways with good jobs etc. It was fun.

    I can imagine though, how some people can get addicted to "Lotteries".

    ReplyDelete
  5. Anonymous15:40

    Good day !.
    You may , perhaps curious to know how one can manage to receive high yields .
    There is no initial capital needed You may commense to get income with as small sum of money as 20-100 dollars.

    AimTrust is what you need
    The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

    Its head office is in Panama with affiliates around the world.
    Do you want to become an affluent person?
    That`s your choice That`s what you desire!

    I`m happy and lucky, I began to get real money with the help of this company,
    and I invite you to do the same. It`s all about how to select a proper companion who uses your savings in a right way - that`s AimTrust!.
    I make 2G daily, and my first investment was 500 dollars only!
    It`s easy to start , just click this link http://oryvawopeb.ibnsites.com/muvafu.html
    and go! Let`s take this option together to feel the smell of real money

    ReplyDelete
  6. Anonymous15:59

    Good day !.
    might , probably curious to know how one can make real money .
    There is no initial capital needed You may begin earning with as small sum of money as 20-100 dollars.

    AimTrust is what you thought of all the time
    The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

    Its head office is in Panama with offices everywhere: In USA, Canada, Cyprus.
    Do you want to become a happy investor?
    That`s your choice That`s what you wish in the long run!

    I feel good, I started to get real money with the help of this company,
    and I invite you to do the same. It`s all about how to select a proper companion who uses your savings in a right way - that`s it!.
    I take now up to 2G every day, and my first deposit was 1 grand only!
    It`s easy to join , just click this link http://ilelokusib.freecities.com/ilywizih.html
    and lucky you`re! Let`s take our chance together to feel the smell of real money

    ReplyDelete
  7. Anonymous04:24

    Hello !.
    You may , probably curious to know how one can collect a huge starting capital .
    There is no need to invest much at first. You may begin to receive yields with as small sum of money as 20-100 dollars.

    AimTrust is what you thought of all the time
    The firm represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

    Its head office is in Panama with structures everywhere: In USA, Canada, Cyprus.
    Do you want to become an affluent person?
    That`s your choice That`s what you wish in the long run!

    I`m happy and lucky, I started to get real money with the help of this company,
    and I invite you to do the same. If it gets down to select a proper companion utilizes your savings in a right way - that`s the AimTrust!.
    I make 2G daily, and my first deposit was 1 grand only!
    It`s easy to get involved , just click this link http://ifacifil.bigheadhosting.net/qytudem.html
    and lucky you`re! Let`s take this option together to feel the smell of real money

    ReplyDelete
  8. Anonymous18:23

    Good day, sun shines!
    There have been times of hardship when I didn't know about opportunities of getting high yields on investments. I was a dump and downright pessimistic person.
    I have never thought that there weren't any need in large initial investment.
    Now, I'm happy and lucky , I begin take up real income.
    It's all about how to select a proper companion who utilizes your funds in a right way - that is incorporate it in real business, parts and divides the income with me.

    You may ask, if there are such firms? I'm obliged to answer the truth, YES, there are. Please be informed of one of them:
    http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

    ReplyDelete

I don't usually moderate comments, but recently i've been getting a ton of "buy viagra" "check out this search site" "buy casino chips online" related comment spam, so the moderation is back on. Don't take it personally.