Dear Dave,

Sometimes on vacation trips I like to check out casinos. I always account for the money I wager in my budget, and I never spend more than I’ve allotted. How do you feel about gambling at a casino, as long as you limit your spending this way?

— Carson

Dear Carson,

Ok, I’m going to be honest about this. When someone tells me they gamble for fun or recreation, my first thought is they’re crazy — crazy enough to think they’ll actually come out ahead. I mean, you might see a news story once in a while about someone winning big money in a casino, but that almost never happens.

Think, too, about how much cash those folks flushed down the toilet previously while gambling. In reality, there’s a strong chance they did not really “win” anything. They probably just recouped a small portion of their previous, substantial losses.

I know, all this probably makes me sound old and out of touch. But I just don’t get the concept of gambling “for fun”. I don’t find it thrilling or exciting to lose money I’ve worked hard to earn, even if there are flashing lights and a party going on. Don’t get me wrong, my wife and I include “fun money” in our budget every month and do things we enjoy. But, to each his own, I guess.

Still, my advice would be don’t waste your time and money on that stuff. One way or another, the house always wins.

It’s your money, and you can do what you want with it, Carson. But think about this: why do most of the folks sitting at slot machines and card tables look like they can’t afford to lose money?

The majority look desperate, some even angry, and that’s sad. I don’t know, maybe it’s the lighting or some other strange coincidence.

Yeah, I don’t think so.

— Dave

• Dave Ramsey is a seven-time #1 national best-selling author, personal finance expert, and host of The Ramsey Show, heard by more than 18 million listeners each week. He has appeared on Good Morning America, CBS This Morning, Today Show, Fox News, CNN, Fox Business, and many more. Since 1992, Dave has helped people regain control of their money, build wealth and enhance their lives. He also serves as CEO for Ramsey Solutions