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International Journal of Applied Philosophy

Volume 17, Issue 1, Spring 2003

Lawrence Pasternack
Pages 17-28

Gambling Maxims and their Universalizability

This paper explores the moral status of various gambling maxims, particularly as they relate to the bettor’s interest in profit and the mathematical expectation of the game being played. Certain difficulties with the prevailing interpretations of the Formula of Universalizability will also be discussed, particularly in relation to games for which the bettor can have a positive expectation.