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What does the term "scared money" mean?

It's June 1 and your rent is due. With insufficient capital to pay your landlord, you decide to gamble, erroneously believing you can chase down luck. That's scared money! Which leads me to give any gambler this sagacious advice: Only bet what you can afford to lose. Money for rent, car payments or any of life's necessities has no place in a casino.



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