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Luck: gambling and lottery hope-mongering

Credibility Crunch engendered by Hope-mongering: "Credit crunch" focus as symptom of a dangerous mindset (Part #13)

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For many the process of financial investment bears a strong relationship to that of gambling, whether or not a measure of skill is understood to be involved. In gambling any process whereby people psych themselves up to believe in a profitable outcome can be fruitfully understood as personally directed hope-mongering in which the person chooses to indulge. More problematic is the context created by a casino complex, where its own profitability depends on its capacity to nurture the client's hope in financial gain. In this sense hope-mongering is the essence of the gambling business -- and more generally any business based on betting.

Participating in a lottery may be similarly understood in terms of hope-mongering, whether it be the personal indulgence in the belief that one may finally win, or the publicity of the lottery promoter nurturing that belief.

More generally, there is the extremely widespread belief in luck and what it may bring. The intimate relationship with auspicious omens provides every opportunity for personally nurtured hope-mongering. More questionable is the manner in which belief in the auspiciousness of occasions -- or the purchase of some product or service that "brings luck" -- is cultivated to the advantage of others who benefit from any such action in the hope of gain. This may then be understood as hope-mongering.

In relationship to any form of gambling, and the expectation of benefitting from luck, of particular interest is the process of a "confidence trick". This is the attempt to defraud a person or group through gaining their confidence and then exploiting it. As such it may be understood as a form of hope-mongering -- with a specifically envisaged sting. Hope-mongering might well be understood as a form of confidence trick.