Gambling is the betting of money on an outcome that is wholly or largely arbitrary. From early time, throwing a dice is a form of gaming. Addititionally there is gambling at established markets; a silk cotton market can be an example. In modern time, gaming has lengthened into many areas. For instance, speculation over a sports game is nothing but gambling. Gambling at horse races is quite typical and an incredible number of money change hands in a day's race; and for each one gain there could be a large number of losers. For example, the women and men populate at the storefronts; when the results of any race are announced, there is absolutely no cheering. Most of them silently drop their tickets to the ground or ripping them up; a few unenthusiastically shuffle to the payoff windowpane. It appears to be no fun in any way.