CBS columnist bashes gambling, WSOP

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Gambling, Poker, Drinking, Pot, Women, Cars, can ruin lives and so can many other things that most people enjoy reasonably. To say that you are a favorite to become a degenerate with any of those things is a flat out lie.
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Whether or not you disagree with the author of the article, the vices you listed aren't similar in nature. You can blow through your paycheck in a gambling binge much faster than you can an alcoholic or other drug binge.

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Why pick on just things that some consider "vices". A lot of hobbies are expensive. You can easily go through $20k on camera equipment, or home theater equipment, or model trains, or dance lessons also.

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In addition to the points I made earlier, with vices such as drugs or alcohol, or hobbies(?!), there's no pretension that spending money on these things is going to result in you getting more money back. This incentive, unique to gambling, acts as an accelerant in the race to blow your paycheck.