You shouldn't gamble your money.
Fred's wants to bet on his favorite team in a big game, but he has already lost a lot of money gambling.
Fred has to decide whether to place a bet.
Fred decides that betting on sports is stupid and just watches the game.
Fred put $5,000 on his favorite team to win the game.
Fred doesn't have to lose any money, and he's able to resist the temptation.
Fred has a large chance of losing the money and wouldn't be able to get the money back.