Throughout history, societies have treated gambling with ambivalence—a kind of love-hate relationship. Kings, queens, emperors and presidents have all, at one time or other, tried to prohibit gambling, just as the same leaders have all intermittently used it as a revenue source, holding lotteries and taxing winnings. Even major religions don’t know quite what to make of the human desire to wager.
In the 14th century, Francesco Petrarca, the Italian father of Humanism, argued that gambling is a wholly unprofitable endeavour. He reasoned that winning meant someone else must lose, and that today’s winner was certain to be a loser tomorrow. He never, however, called for gambling to be banned.
