Personal Financial Literacy Assessment: Standard 12. Gambling

Front

Gambling, like any other financial choice you make, has costs and benefits for the individual, as well as for society. Which might NOT be considered a benefit to gambling?

Back

It can become an addictive behavior accompanied by financial loss.

Front

Which of the following is NOT a form of legalized gambling in Oklahoma?
casinos,
horse-racing,
lotteries,
dog fights

Back

dog fights

Front

Which of the following is NOT a consequence of the passage of the Indian Gaming Act of 1988? Options: There are tribal casinos in virtually every state, including Oklahoma. Casinos provide community jobs, with benefits for their employees. The revenue from tribal gaming provides income for various tribal needs.

Back

All profits from tribal casinos go to the Oklahoma state treasury.

Front

Which of the following is good advice regarding gambling? Money used for games of chance should be money you can afford to set aside.

Back

Money used for games of chance should be money you can afford to set aside.

Front

Which of the following is a true conclusion about gambling? While fun, basing your financial future on games of chance is not very reliable.

Back

While fun, basing your financial future on games of chance is not very reliable.