That was what my grandmother called it, anyway, 'Only a bit of a flutter, dear.' and with it came the daily study of form and somehow managing to get her bets placed. Since there were no debts so I guess he habit it was controlled - and I admit to doing it sometimes, myself.... not horses.
Tetrahedrane terra cotta dice have been found in several Indus valley cities ... circa 2500BC and so on. There are probably earlier instances..... there is something in many of our human kind that gets a flutter from gambling . Pure chance games are one thing, calculating form is another. Even at work one has to take calculated risks based on judgement - not all can do this. One ought to be strong enough to admit failure if one's decision goes pear shaped. Not that all do, either. Taking risks and assessing the possible fallout needs qualities that i am hard put to define.
On the lighter side , I have a treasured memory of a prissy aunt bidding, 'A risky miz,'....... a misere call in solo whist is when one must make no tricks. If she lost it would cost here 3d and with high stakes like that there was huge tension with glasses adjusting and seat wriggling concentration and breathless hush.
I do not know the psychology of all this excitement only that it is a many faceted part of the human condition. I have also had one smart cat that weighed up the odds before action- perhaps not but it seemed like it,
So Res His thoughts on gambling, if you will.