It is important that gambling is limited to narrow spheres such as lotteries and maybe horse races. Even then you get cheating and corruption.
It's not good for predicting the future because as soon as people think this is true you get manipulation. Then people try to ride the manipulation to make money.
For the love of God go make a real product and sell it like normal capitalists. Stop trying to milk someone's uncle's gambling addiction to make a quick buck.
