Basically true tbqh. Poker is maybe the one exception, but you're almost always better off gambling "in the wild" e.g. poker night with your buds instead of playing slots or anything else where "the house" is always winning in the long run. Are your losses still circulating in your local community, or have they been siphoned off by shareholders on the other side of the world? Gambling with friends is just swapping money back and forth, but going to a casino might as well be lighting the money on fire.