Betting and Gambling are of two different kinds. First kind of betting is by chance or by luck as someone gets money through prize bonds or by tossing a coin. The second kind of betting is called mixed betting, there is an element of skills and fraud included in it. In which someone uses his mental faculties and skills, as playing cards the success depends on skills as well as on fraud. It means to stake something to be lost or won on the basis of fraud. There is either complete or partial gambling in every part of life.

Insurance and investment is itself a kind of betting. If someone insures his life, it means that he is betting his life for an early death. Some people don’t like to play cards unless they are playing for money, if they win they are happy and if they loss they become annoyed. The main cause of betting and gambling is a escape from boredom and monotony of daily life. For a gambler uncertainty and disorder in his life appeals his towards gambling. A gambler’s life is always on stake and he never comes out of it. His life bases on cheating and fraud and he constantly adopts ill-means to succeed in life.