What’s the cost?

This lesson explores gambling losses by comparing losses to other average household purchases. Students then explore how this money could be more profitably invested in a compound interest scheme over time. Finally, students are asked to critically reflect on the true social and financial cost of gambling and to consider the extent to which they want to invest in this pastime, potentially at the cost of other necessities. The lesson is outlined in detail including NSW curriculum links, learning intentions, discussion points, materials required, links to supporting data sets, student and teacher reflection points. This lesson is part of the GambleAware program from the Office of Responsible Gambling, Department of Enterprise, Investment and Trade, NSW Government.