The same kind of people gravitate towards both
JPMorgan broker Michael Oppenheim was sentenced today to 5 years in prison for stealing more than $20 million from clients to fund a gambling addition.
"Oppenheim began placing bets on weekly National Football League games in 1993 and eventually moved to online sports betting, his lawyer said in a letter to the judge. To make up for his losses, he stole from his clients," Bloomberg reports.
I absolutely loathe gambling and government who have used it as a replacement for lost tax revenues. It's a brutal addiction.
Here is a simple test on how to tell if you're a trader or a gambler.
