[summer_steven]

>> Why dont we regulate everything like that. Why do we allow people to buy unlimited lottery tickets or gamble everything away in the casino?

> They also carry less risk. Few people who "lose their shirt" say "oh well, I didn't do my diligence."

No they don't. Plenty of people lose their entire life savings in casinos, and plenty of poor people spend money on lottery tickets when they should be spending money on food.

You have not sufficiently explained how gambling is less risky than investing.