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As a retired person I have lots of time on my hands and like to visit the local casino and play blackjack and slots. I am in good company because most of the people I see at the casino are over 60 years old.
While I understand that few of the people on this board will admit that they like to go to the casinos, stats will tell you that most people you see playing slots are older folks. WHY?
Personally, I wonder where they get all that money from!!
You might be surprised at how little it costs sometimes. I can go to a casino with only $40 and play for two hours. You know how they are...give you JUST enough back to keep you going. lol Once my $40 is gone, so am I! That being said, I haven't been to a casino is over ten years.
A friend of mine has two pension checks. The one from her Job she uses to pay all her living expenses. The one from social security is used for entertainment. She uses that check to go to the casino and play until she loses the money for the month. Normally she stays at the casino's 3 or 4 days each week. It is recreation to her and she can afford it.
I have not played slot casinos for a while. Now poker is a different story. But the minute I win big, like about $400-$500 I stop playing, I play with my iPad.
Personally, I wonder where they get all that money from!!
Well, my dad at 91 doesn't have much money, but once a week (or every other week) he and the aunts and uncles all head out to the casino and play the penny slots. Dad brings $10-$20 for gambling and they all have a buffet lunch for $5-$7. So worst case scenario is $27 for an afternoon out and a meal - usually he comes out down a few bucks - he has won a little over $300 on his biggest day, but generally loses about $5 an outing to the machines. He (and I) view it as an entertainment expense. Some people like movies, he likes gambling.
Now, if he were betting the rent, or thinking this is how he will pay for retirement, or playing the dollar machines with his entire months pension, that is a whole different discussion...
My FIL who didn't really care about gambling, would go behind my MIL and if she won big on anything, he would scoop it up and give her X amount to continue playing with.
My husband would sometimes give her more. Overall, it was a relatively harmless form of entertainment for both of them. I guess left to their own devices or maybe her own devices it might have been harmful and financially problematic, but its not like the grocery money was put at stake.
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