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There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you.

And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people were lucky to win but they will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual gamblers.

And I don't think someone in the gambling industry as a win win gambling history, or your wins are bigger than the loss. And all the experiences I have in the gambling industry, I have not seen anyone win win and also those of my friends who are gamblers have not in any day have a win win gambling and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.

When I was addicted, I lost money than I won. It was even a huge loss.

Later I do not gamble often. I can count the number of times I am gambling annually and not many at all. I only go for the games that I know I will most likely win. Because of this infrequently gambling, I make profit than loss.

But if you gamble frequently or not, just use the money that you can afford to lose to gamble and do not go more than your gambling budget which should be a small amount of money that you can afford to lose.

The gambler who use the funds and make the money from the gambling site,so the extra money from the gambling site will be the profit for the gambler.How the gambling site will return the money loss in the gambling site,it mean the bonus given by the gambler in the last month.Some of the gambling site will give the bonus to the users in term of the same money used by the gambler in that site.


The gambler will have both the win and loss opportunities in the gambling site,the gamblers who want to make huge money in the gambling site should understand their game toward the profit will enable the emotional decision by the gamblers on that betting to the gambling site.

In gambling, you win some, you lose some; not just in gambling alone but in life generally, so i don't think this is a problem for gamblers. The problem in gambling is when you gamble with an amount that you cannot afford to lose, or with money that should have been used for more important aspects of your life. As long as you gamble responsibly, you will find a good balance between what you win and what you lose, and you'll be just fine.

Some gamblers are lucky to hit a mega jackpot from their bets,  but the general experience of majority of the gamblers is the lose-lose-win experience,  this is when you lose more than you win,  I have experienced this many times in the past, sometimes when I win a good sum of money,  the following days I will lose almost everything even with the extra of my own funds.

This is the reason why we always advice on taking breaks when you are lucky to have hit the winning at first instance,  or you limit your gambling at any point be it in winning or losing strides.

What you should also know is that,  in gambling the house always wins and regardless of how much you think you have played,  you can't beat the house in most cases.

this is gambling, so it is very understandable that you will lose some, win some. and most of the time, you will lose more... ;D that is, if you don't know when to quit and you are still using your funds for your bills and other important things.

for a lot of long-time bettors or gamblers, more then likely, they are on the negative side of things. meaning, they have more losses rather than winnings. but guess what? they still continue to play because of the charm that the game brings to their life. the thrill, excitement, fun and much more. so it is not only about the possibility of winnings, but i believe, the fun itself can have influence to the gambler why a gambler stays on this addictive activity.

Your argument might be true but it is not the whole truth because there might be some exceptions. This assumption is based on your personal opinion that you have gained from your personal experience or from your environment. There are many people who have won far more than what they have lost in casinos all through their lives as gamblers. Some person will big that exceeds what they will gamble in their lives if they gamble responsibly.

I also know many people that won their first bets but they don't reference or see gambling as a must-do. However, I will still agree with your point that most gamblers lose more than they win. I was in a physical betting shop for about two hours yesterday and from my observation, more people lost. But if you gamble responsibly you might not suffer uncontrollable losses.

This has not always been the case for all gamblers the exception is that those with the higher losses to winning are of greater number.

As a gambler you have to calculate yourself how you carry on with your gambling and the amount of money you spend and the type of games or sports you bet on,  betting on sports games you are knowledgeable of gives you a good chance of having more wins than losses. People that frequently experience greater losses than the wins they make in gamble as mainly those that gamble in games they have no skill or good information on, even with luck you also need to be skillful at what you do in gambling.

For me I develop a way of dealing with the idea that am losing more than am winning in gamble by making sure that every winning I make I use a bigger portion of that money to get myself an item to always remind I got it through a win sometimes ago. As I don't record my wins and losses that's how I do to make myself not to think about the insignificant losses I make. I call it insignificant because am a responsible gambler I don't gamble beyond what I can afford to lose.

That Is an assumption but it could be true and may not be true too.

From my perception, it's quite true because if I calculate how much I have lost while playing or gambling its either equal or higher than or even less than I have ever won. infact the assertion could be true because of the total number of people who must have experienced it.

From another sense of humor I can say it's not true because I have seen someone win always because she only depends on someone else bookie to gamble and most times because of the countless times she had won staked big and lucky her she had won severally and now I can say she has won more than loss. from this perspective it's not true.

We all have different experience so it's all depends on our experience.

But this depends on what kind of gambling is up for discussion because while the theory that casinos want a player to win at first in order to lure him into gambling could be true for slot machines and other things like roulette, it would never be possible for people betting on sports. I have had this feeling when I played on poker sites and the session started very well and then out of a sudden my streak fell apart and I got destroyed nonstop by hands that were much worse than mine. I think it is quite normal then to come up with the idea that the system could be rigged. But this is not so much the case on the huge poker sites as they make their money from entry fees and rakes. But smaller poker sites with less deep prize pools would still have an incentive to make some extra by using a rigged system or bots or whatever they can do.

The timeframe is also important. if somebody says "I have won in gambling all the time" and the person gambled for a week, then it is of course possible. But if someone says they have been all the time and gambled on a regular basis for ten years, then that's bullshit.

I like gambling the most when someone can independently verify the outcome of a bet that was placed. But I think that fully registered and licensed casinos stick to the rules. They use third party providers and have the payouts to players set up front, which is why they don't really have an incentive to offer rig systems. I think they would rather try and keep a player on the site with bonuses tailored to their gambling habits. It's like always, the smaller the casino and the shorter they have been around, the riskier it is to get served with a perfectly fair system.

There already are tons of gambling websites and casinos with more popping up everyday around the globe. This is because they are profitable, very profitable, and with the fact that their major source of revenue is your stake, with the only other one I can think of being ad revenue on their website, this means they are profiting off the players.

Majority of players lose everyday with only a few winning and they also structure the games to favor the house and put you at the disadvantage. Just gamble for fun and do not stake too much on it.

- Jay -

Well, honestly there are gamblers who are in profit. It depends on your gambling habits; those who are in profit are either ones who won the jackpot or those which are often securing winnings. The idea behind this is consistency and inconsistency. Nothing's consistent in gambling; you won't win continuously but that also means you won't lose always. If you are able to manage your bankroll and wagers, then you could be in profit. The only instance you'd be permanently at loss if if you lose increasing amounts but if it is with the opposite such as being able to lower your bet after a win, or to be consistent in a way with the amount you are betting, then you could be in profit. There are factors which differs the idea; the game you are playing and overall efficiency as a gambler. With pure luck games, gambling consistently will put you in huge loss but with strategical gambling activities such as sports betting, you would only bet on times you are confident with the team or players you are interested with. Key to profit is management of funds, and control with emotions while gambling. This might not be evident to all gamblers but we cannot generalize that everyone has the same fate and fortune.

I don't mind if the money is returned to me, I accept that exchange and revolving process as part of the game.   This is the illusion of the game, it always confuses me in poker to win the pot but of course alot of that money is my own anyway  ;D  Of course I hope to gain more then I lose but its naturally true that a large part of betting is just a continual revolution of money.    This is partly why its best to remove some of the money you win so that eventually it becomes obvious its time to come back another day not continue and lose the winnings too.   Set a time or budget or reduce the bet by this harvesting of winnings to guide yourself with a limit seems best.  I haven't the discipline to just gamble free reign and no limits or rules on myself when to stop, I think I would lose more this way because I would act more recklessly unrestricted.

The rise of gambling platforms doesn't mean that players are all profitable in gambling. Rather it is because casino owners see how many people are hooked up with the idea of earning profit from this industry and that is what they are taking advantage of. It would be much reasonable to say that more people are seeing the demand in gambling which makes them desire of being the provider than a consumer. House most of the time wins in the first place and knowing how many gambling sites are being born nowadays, is not a surprise.
Yes there are, but we cannot set aside the fact that most of the gamblers are in loss, in the long run. There are just gamblers, as you have mentioned, which are lucky enough to win big amount of money. Those who won varies on the wy they handle their winnings. Those who will be eager to re-use the money in gambling are the ones ending to lose all of those which they earned.

For people who didn't win in the end, this should be true.

But some gamblers won in the end. It just depends on who you talk to. Those pro gamblers became pros after several losses and wins and still, they continue to become a gambler and some of them even become poker celebrities and then more money was returned to them. Those who didn't become pro didn't make it.

Just don't try to be one of them, just be like the new converts who stop playing after realizing the odds always belong to the house.

In casinos, there is house edge. In bookies, there are unfavorable odds. These are what gambling sites are using to make their users to lose more. In life, there are things that you can do that will give you more chances to make profit, but gambling is not one of them. Gamblers are meant to lose more than win by nature.

This is just it. Gamble with little amount of money. If you go for some bottles of beers and roasted meats, you do not see it as waste of money. People should see gambling like that. If they are not using it to have fun, they should stop gambling.

I do not agree with the assertion. Infact the argument isn't based on logic but on sentiments. Look at it very well and you will simply see that those you make this assertion are indirectly promoting chasing losses. Because if you feel that your eventual win after a series of losses was is part of the losses then you are encouraging the gambler to keep gambling even if they are experiencing a loss because in the end, they will recover their losses through a win.

Please gamble responsibly. Gambling addiction is real and it comes gently on the gambler until they are hooked and it becomes difficult for them to quit.

Every gambler has his/her own gambling losses and that's not normal when someone who would claim that he/she has never lost any single bet at all.

If totaling all of the lost money that a gambler has, even the won amount can be said that's still part of your losses if you're not yet in profit or you just break even.

So that matter depends on how much you really have got and that's how you're going to make yourself comfortable with those losses that you're trying to recover and if you'll count everything.

it sounds so simple like you are just depositing some coins and getting them back when you win. idk

we're already used to seeing casinos winning all the time as the odds always be with the house. not any of them wants to lose actually so it doesn't make sense. if you mean you got lucky and won a few of your money back then yes sure but they are not returned as you won then back in fact if you lose again, they are getting more from you.

I lost more money on crypto than I made. I considered it a lottery, maybe i hit the right coin sometime, but most likely I will end in the red.

That's absolutely a false narrative,  check the amount of money that you normally lose when the predictions doesn't go your way, the amount is not always huge. That is to say, most times you're stake's are little compared to the bonus and the amount of odds the bet company gives you, if you combine your bonuses and the odd together your total win is always big, so at the end of the day the bet companion stands a the chances of losing more money if your prediction are correct.
So whatever you lose is nothing to be compared to what the bet company stands to lose when you win big. Don't also forget that there are some gamblers that win, day in day out on a steady. So your win is not part of your losses because they give more bonuses and high odds for you to win better than the little amount you always stake to win.

But let's be real, even playing it cool with gambling ain't risk-free. The house always has an edge, so thinking every game's a sure win can be tricky. Remember, that "just one more spin" whisper can turn into a budget-busting roar fast. ️

The key is playing within your limits. Think of it like having a designated "fun fund" – spend it if you want, but don't touch the rest. And while infrequent wins are awesome, don't let them fool you into thinking gambling's a get-rich-quick scheme. It ain't.

Those who see every new round or every new month as a clean sheer, like they never lost anything, are delusional. You should always look at complete experience. You can say that you don't count this or that casino, but at the very least be honest about the statistics of your account. If you won a lot of money, but despite that the account is still at a loss, you are at a loss. It's very simple!


I guess you've never heard of bitcoin then, because bitcoin is the "right" coin.
It's really funny how we can be in a bull market, up 100% in a few months and people come to bitcointalk to share their sob stories of how they can't find the right coin to invest or how they lost money buying coins... In most cases they did not lose anything by buying, they lost it by selling at low price.

It sounds simple like there are some rules about it, but if it was like the OP says there wouldn't be so many casinos around, operating and making big bucks for years. From a player perspective, it's hard to win, it's even harder to win in the long run...

When I have a streak of losses (by this I mean losing a few deposits in a row) it's usually because I was overconfident and I was thinking like it was my turn to win... that doesn't end well in most cases, especially after I get some big win and I start to push even harder. I lose my winning and additional deposits.

It's gambling, we can expect to win and we can think it's our turn to win big, but the reality can hit as pretty strong. So we need to be aware of that and not gamble with money we can't afford to lose... because if we do that the consequences can be terrible.

Some of your conclusions here are incorrect. Some gamblers have recorded more wins than they have lost. Recently, there was a trend on Twitter about a boy who staked $5 and won $15000. So do you think such a gambler has lost up to $15000? I`m not sure. There are so many stories of people who won big and made establishments that they are living on to date. Not everyone who won returned it to the bookie and not everyone who won received a quota for their lose. Not minding that most gamblers are on minus but then it will be unfair to claim that no one has benefitted from gambling.

IMHO thats something that can be true but sometimes it can be broken in different circumstances such as when you try gambling for the first time and win right away because its considered an advantage then its a different story because its done as a binder to keep you playing the game.

But on the other hand when someone is gambling realistically they must be aware of that because after all the gambling that is done will definitely have more losses than the benefit we get but on the other hand it will also not be a problem because it is a thing that we must have realized from the start because after all when talking about gambling we will not be able to win from the bookie whatever happens because we are just players who are only looking for thrills and pleasure but they are business people who will definitely benefit greatly when we do gambling.

This is true in many circumstances, but there are a couple exceptions that might break the rule. First off, I definitely think there is a "honeymoon" period when you join many casino sites, where for a certain amount of time or up to a certain amount of goes on their games, you will be likely to receive more favorable win rates than you might normally get. This would build up a distorted view of the amount you are likely to win longer term from these sites and would make perfect sense as a strategy to get new gamblers, because they are a) less likely to leave with those winnings and b) more likely to build a habit with your particular site. Be on the watch for this. The other is where you are playing genuine skill based games against other players, like poker, where you are still likely to lose money at the beginning but it's very possible to earn much more back over a long timeframe.

This is precisely what I was saying in my first comment. The house is profiting off the players which means you as the player ends up on the losing end more times than not.

Again, you are only emphasizing my opinion.

- Jay -

That could very well be the definition of gambling, it's either you win or you lose. And it's true, we don't record anything, although if we play online, there could be some logs, but still we don't know how much money we lost, the only thing that gambler tell us is how much we win.

I have a who is like that, he will always boast of his wins, but there was a time when he accidentally shows us his losses in his phone not his win and for us it looks like the money was not returned to him by the casinos itself as he has string of losses early and he just recoup it with that one big win of his.

When a player understands ROI, he can go for years with a return in the red, but stays close to Breakeven, which allows him to recover, or have a positive return.

The thing is that if you are an occasional, novice, recreational player, those phases do not matter to you, in fact you will never understand them, but that assumes the long term as a mark to know where they is ROI.

For example, last year sports betting left me at about 8mbtc in the red, in 2023 adding royalties, bonuses, and profits I am at +18 mbtc, so I am +10 mbtc.

In traditional games, things can be tougher, in my case the maximum bet size there is $1, but on average I am around $0.5/BTC, and just this year I am at 400x with a bet of $0.2, technically I'm at +8$.

It is rare that the long-term return does "scared" me, since the size of my bets represents 100:1 the bankroll allocated for betting on traditional casino games, and I make this same relationship for several casinos where I gambler.

In poker, I can be more risky, sometimes I play $20-$30-$50 tournaments, and there I can even show you the statistics by country, from the data collected from some "millions" of players.

Poker is a little more complicated to explain to you how returns are obtained even if you have bad months, but with proper bank management and knowledge of the game it can be easier to be on the path to exceeding your ROI=0.

Largest Live Poker Database - Poker Hendon Mob
https://www.thehendonmob.com

Before I chipping in my contribution, I would love to ask, are those who stakes just once in their life time of gambling addressed as gamblers? Or one must continuously have stakes in the gambling board before being called a gambler?

@ OP, I have seen some persons whom are lucky to win in their first time of stakes in the gambling board and never staked again. I would say there was no lost about this staker so, he definitely made winning of profit without a lost.
Hence I would ascertain this survey conduct my calculating the total bet of the gambler, tensed to figure how many times of if he had ever lost in the gambling and then compares to his winnings and that is also if he had ever won.
I can't justify this with a future tensed of the gambler to determine if he lost mores to the gambling despites his counted winnings.
Although, in my general experience, lot of gamblers who celebrates their winnings didn't actually gain profit from the gambling boards instead either their lost was tended to be recovered or some dividend of their lost was returned to them.

Gamble is either you win or lose, and nothing more. I can only agree with you that majority of gamblers loss more than they win. but there are very few gamblers who have won more than they lost, and even use the gamble win, to set up a business. Discipline is what will determine how you spend your money on gambling. It is better that you use little money to gamble that would be like nothing to you, so that you will not see it as a loss, and if peradventure, you hit the jackpot, it means that you have won more than you lost. The fact remains that, it is very difficult to win big.

I call BS on no lose in their history. It's either they just played a couple of games, or are straight up lying. Losing while playing/gambling is inevitable, it's not something you can have a choice of. Unless, ofc, you stop after one win but besides those kinds of instances I mean. As for wins being bigger than losses, it can happen. It's not something rare imo, it's just that the margin for most people is rather small so I guess they just assume it's equal.

As for the win loss part, it's why I always assume that anything I gamble with is money I already lost. It's just easier for me to do that since I don't have to mind all the counting that happens afterwards and I just assume that whatever I play with isn't mine in the first place already. Kind of similar to how arcades work. You buy coins from them and you basically don't own the money anymore, instead you get a token you can use to play their games.

From my experience, my money were return for only two reasons which are:

-When game didn't hold because of bad weather: I'm not sure for casino people if money get returned to them even they win but there is this thing sports betting platforms does, they return their your money back to your balance if the schedule game didn't hold which of course is valid any where.

-When the game was interrupted by fight or any dispute between players beyond what anyone could expect, your money will be returned to your balance which is normal, there's no way players are fount to play flawlessly with when there is commotion or when they are in under pressure.

These are the two I have experienced, any other betting platforms that do anything apart from what I have mentioned are real thief, they can't say they returned money to you because they suspect you of anything, no way they are going to return your money when you loss money to them, that's cheating.

It’s not out of place to make the assumption that most gamblers gamble on losses. Where their cumulative gambled amount would always be far above their winnings. We can equally assume that, a very few have been able to scale this successfully. While there might be no proof to defend this rare occurrence, most persons don’t give it any conscious thought to take note of there stakes from the initial stage of gambling. That’s because, you really don’t have any idea of what adventure you’re likely going to have in this new field.
On top of all that, gambling isn’t a bad choice for most persons that have a greater control over their gambling habits. The losses are often gradual and you don’t tend to miss it when you gamble with what you can afford to loss.

If that is how you would view it then you couldn't really say that you win or lose from your previous gambling activity since you would surely continue on playing.
You could only say you won or lose until you finally decide to stop or quit for good and calculate the outcome of all your gambling activity, but I guess it would really be hard to do since it is hard to keep track of all your gambling activities from the very start you gamble.
We declare our loss or win at the end of the day since we already take the result of that day as final for it, so that the next game would be a different record for us no matter what the result would be it wouldn't affect the previous one that we had.

It's easy to look at it that way because most of us lose more than we win, and I think it's only true when we're referred to as a group instead of an individual because that's how it is in casino games with the term RTP.

Still, some gamblers have lucky encounters and others could somewhat take gambling seriously until their winning record becomes the proof. These winning gamblers are only composed of the smallest percentage, so don't expect to see them frequently like it's attainable for the average gambler.

This is I suppose a given, casinos are not going to give money away to any gambler that uses their services or they will not remain in business for long, because in order for a casino to function they need to profit from their customers, like any other business does.

However, like always there are some exceptions, professional gamblers can use their skills in some games to beat the casinos long term, now it is true they also lose some money during the short term, but once they add their profits and losses they can come up on top.

You wont really be needing any complicated way of thinking about this and about that if you do really just that simply play gambling for fun. There's no such thing about giving back those loses to you or something
like this. There's no solid proof that this is really something like this that do really happen out.It would be always totally in random and house do always win at the end if we do talk about those strategic games then
there's no such thing about proofs or something like this that do tell about being a winner on next bet you do have. Everything is random and there's no such thing about returning to you.
House wont really be  that minding about those stuffs., If you are lucky then your lucky and you would surely win but if not then loses is there and inevitable.

Dont stress out yourself on being a winner or something that do talks about making money because once you do find yourself having those kind of problems then you would really be ending up on messing up yourself
when it comes to finances.

This is probably true in general. I myself can be used as an example. I have won many times but I have also lost many times. But if only I am able to track all of those wins and loses over the years, I think I am net negative.

But there are definitely individual gamblers or bettors who are net positive. You have mentioned those newbies in gambling that have experienced beginner's luck. And then there are also those who won staggering amounts in lottery jackpots. They must be net positive also.

It seems like it's a cycle where you think you win but the truth is that losses outweigh the wins. It's important to recognize the risks, be cautious and aware of your losses, and gamble responsibly.

This will always happen whether it is new gambler or gambler who has been familiar with gambling for long time and will never even be related to normal gamblers or gambling addicts who will still always result in losses that are much bigger than wins.
But I believe there are some people who have much higher winning percentage but very few because they are professionals who have above average skills and have successfully participated in and won various world poker tournaments.

Losing is guaranteed and no gambler can guarantee victory until they can have a history of much larger profit percentage.
Whatever the number of wins get, will definitely in the future or previously suffer quite large losses and in one win, if calculate the number, it will show greater loss.
A win is just small return for the gambler for loss that has occurred or will occur, so that is why saying gambling to make money is mindset that is not worth having.

I myself gambler who has had quite lot of sweet and bitter experiences and I have had many wins but I have also had far more losses.
If take everything into account then it is clear that it is big loss and of course this is disappointing result, but still continue gambling whatever the result because it is not about gain or loss but rather the enjoyment and pleasure that can be felt.
For those who gamble for fun, losing and winning are not important because what they are looking for is entertainment, and of course they will have their own limits in managing time and money.

In the circle of logic of gambling games that gamblers want to win in their gambling they always fall into the so-called addiction system made by the tug of war of winning the system and the ambition of the gambler who gets the win. If you think you realize that gambling is made to make gamblers lose and spend their money there. Do not deny that you gamble to waste money.

And even if you get a win it is your money that you have lost before, but there are some gamblers only then get a win and run away from gambling in the game. But certainly, the money you win is the money you may have lost in gambling but overall every gambler loses.

The saying is true because if you look at it, it will be difficult for us to win gambling games. We will experience loss more often than we will win. But that doesn't stop people from continuing to gamble. They still want to try to get big wins from gambling.

That is why, even though we try hard at gambling, it is still difficult for us to win big. If we are aware of this, we should really reduce our gambling activities. We should only use gambling as entertainment and not to make money. It's better for us to try other things like working that can make money. That would be better for us.

We will also find it difficult to recover from the losses we have suffered. Gambling is not a place to make money. So we don't need to try too hard to make money but just to have fun. That is to prevent us from experiencing big loss.

that could be true. but maybe every gambler's case will be different in this regard. Some win at the start, perhaps the amount of their winnings exceeds the capital they have spent. but if it continues, I'm sure it will lead to defeat.
Some win but the amount spent is still greater than their winnings. the situation is the same I think. What I had in mind was, that when I was winning, more gamblers were losing. and when I lose and more gamblers also lose, some gamblers win.
they are in the gambling business, of course, they won't want to incur losses.

I agree with what you say, gamblers already understand that the gambling they do has a greater chance of losing, so they don't think too much about it and only enjoy their games - especially in games that are fully based on luck like slots, you can't expect that you will continue to win in this game. The most important thing for a gambler is how they can manage their bankroll in their gambling and arrange that it does not affect their finances too much.

You could say we aren't really winning but just recovering our losses when we win in gambling as we'll always have more losses than win but you can be on a safer side when you don't over gamble or over stake more money, you can use small wager to win big money and when you calculate how much money that you have lost and won, the margin won't be too big. Some individuals are totally on the losing side but they'll think that they're winning meanwhile they're losing so much money.

Some individuals are in profits, they may have lost while gambling but they have more wins that losses, some individuals are very lucky that when they gamble they win most times or when they have one big win it can cover for all the losses that they have previously had and also give them some profits. While gambling lets just enjoy ourselves as if you keep thinking you can win the house it isn't always very possible.

I understand the logic behind your post, but you have to bear in mind two things:
1.It's close to impossible to have only wins and almost no loses in gambling. The gambling games are designed that way(and yes, some casinos have rigged games). If having more wins than loses was the norm in gambling, most casinos would simply go bankrupt.
2.Gambling isn't a way to make money. Gambling is just a fun escapist activity that, can help you forget your existential problems for a while.
And yes, gambling can cause you even more problems, when you get addicted, but addiction is something bad in general. You can get addicted to video games, porn, drugs, alcohol, etc.

If you want to know if gambling really brings money to you, you must record every deposits and how much money you make, then you will see if you're in profit or lose. But I believe most people won't do that because they will give many excuses e.g. lazy, time wasting, have a strong memory etc.

I think that these type of persons exist but they fail to stop there and be happy that they got back more than they lost as when they get back such money it means that they have been playing for long enough that they continue to play.They do so with the assumption that finally luck is back on their side and they get a false sense that they are going to win even more.Unfortunately this leads to losing again what they won and this is a vicious cycle.

I feel like this can be valid for majority. Otherwise gambling businesses would end. They need to make more and more profits to stay there, working. So good gamblers win more than they lose. But most people are not good gamblers. I think people underestimate how great its to become experienced expert gambler. Most people think they will win at next game. Experts measure their every moves so they never totally lose.

Well, it's probably a common thinking that your wins most times are partly from the money you have lost to the gambling site before. And we all know very well that the casino usually has been made to have a house edge which makes them win and we get to loss more. It's fine to have this kind of thinking but for someone who has always been on the win side wouldn't think much about this. And true from what you had said, a player who got to win his first few games in gambling would be more attracted or addicted to the games than someone who already lost on his first game. 
For some individuals, gambling can become addictive, leading to financial and personal problems. This is more reason we should only gamble that which we can afford to loss and avoid these kind of taught that will lead into something else entirely.

Well, I think it still depends on the game you are playing. Let's categorise the gambling games. There are games that involve solely luck; what I mean is slot, Russian roulette, and many more. These are just those games that you could win through probability, and you can get that probability through luck or destiny. The other games involve the usage of skills and mind, or how good a thinker you are, like card games, bakarat, poker, and many more gambling games that raise the chances of winning through great thinking and how you can outsmart different players or the casino agent itself. But yeah, there is no guaranteed profit or wealth in gambling, as the money in that industry is cycle, which means you can't always expect to win, more like you will expect to lose. So better stay out of gambling if you don't have the capability to waste money from gambling.

There is no way you will gamble and not lose money, there are few times to walk away from gambling to start calling yourself the most favoured gambler, that's if you try out gambling for the first time and you won very big, enough to make you walk away and never look back.

Some will have less wins in their gambling history and lose more money, even when they keep using small amount, by the time that years have passed they will realize that what they have won isn't up to the amount that they have lost in gambling.

Everyone won't have the same result in gambling, and it's possible that most people will have awful result, this is why gambling is not a reliable way of making some money, learning a skill online and rendering your services can net you better payments than gambling, but if you want to keep gambling you must keep using small amount.

Honestly, I completely agree with your statement, which is true that gamblers actually only revolve around their own money, as you said that the victory he managed to get is the amount of money he had previously lost or  means the amount that has been lost due to defeat and when they are lucky in the next session then it is just returning their money that has been lost, and on the other hand what about the newbie gamblers who just came and managed to get a big enough win? Obviously, the cycle and the next scenario will still remain the same as the statement above that when you manage to get a big win at the beginning of the engagement then isn't it very possible for you to put interest and higher expectations for the next session? Obviously, the logic is that everyone needs money and when he manages to get money from winning then they will really feel happy and usually they will think that "this is a place that earns".

In fact, it is actually because of the increase in interest that in the end, the casino will return to withdraw the amount of money they won before, or simply the casino will make  them experience a losing streak. So actually it doesn't matter what the initial scenario is whether in the first stage you immediately get a win or lose first, in the end it returns to the initial arrangement that the house will always be profitable.

It all depends, you can be gambling for long and be losing and winning, but when you now hit a jackpot and realized the highest amount of winning, this will be where we can determine whether you have just been returned your gambling money back to you, or you're still running under loss or finally that you have made a breakthrough in making profits through gambling, so this is a matter of how much you won, to the ration od what you have been spending on gambling right from onset, some gamblers could be that lucky of wining big on their very first attempt, even though this is not that common.

That is 100% true you just have to calculate your losses and your winnings to get the fact that what you've lost is already greater than your winning but many of us will not realize it, we tend to forget all our losses and just remember or rejoice when we won, we don't want to accept the fact that your losses is greater than your winning.


You're getting it right again, for the record first-time winners in gambling will always come to try to win again and eventually lose their winnings the first time they gamble they triple their losses against their winnings because they are so motivated that they think that they are lucky and they have found a formula to win in gambling.


Casinos are profit-driven platforms they have a house edge if you analyze it, you'll come to the fact that the longer you play the longer your chances to lose, so if you're gambling for profit, be sure to call it a day when you make a profit, because if you continue thinking that you can still win, then that's the time that you're going to lose everything.

I think they just take other people's loses and pay off the winners and those who lose frequently, lose based on greed, while I know we can't really be certain about gambling but if you try to pick fewer games you have higher chances of winning, the smaller the odds the more chance you have to win.

I don't like to see it as tho my money is been returned to me, although  it might be true for some persons, most people have a good gambling history of more wins than loses, so this is not true for everyone.

I couldn't agree more with your notion about the distinction between responsible and irresponsible gambling and you're completely right. This theory applies mostly to those who are already used to gambling and risking more than they can actually afford to loose. Every gambler should be aware of the risks involved in gambling, they should always have it at the back of their mind that gambling is a 50/50 game, you can either win or loose, infact your chances of loosing happens to be even greater than that of winning, so the question should be, is it worth throwing such amount of money away? If the answer is yes then go ahead but if you're unsure if you should push through or not, then dont even think of pushing through because the result might be fatal.

I think gamblers already knows the risk, it's not even 50/50 if you play games like slot machines or any games that the odds are pretty much against you. Maybe sports betting or even poker might be good, but the rest of the games is really against us and it boils down if we have luck and be able to win. But the question is if ever we win, do you stop or just continue and make it a cycle, thus turn us to be a gambling addicts? And I think the best teacher here is experienced. If we have been in this kind of situation, maybe with the right frame of mind, we will have to stop at some point to stop the losses.

Yes, there are luck games and there are strategic games on which winning would really be that entirely totally random but we know that certain types will really be needing up some
analysis which accompanied by luck then it would be a win but well everything would really be that random and just said that it would be all probability.
When you do gamble then dont expect that you would really be that having those kind of returned money because there's no such thing about this one.
If you lose then you do lose, if you win then you do win. Then it would really be that best that when you do play then you shouldnt really be stressing about getting those wins
so that you wont really be that disappointed.

You are entirely correct and I won't go against your analysis because that's the same experience that I have. Especially in casino games.
But why do we still gamble despite all of that truth?
I guess we cannot take the fact that we are still aiming revenge against the house. We want to win so badly that we don't really care how many losses we have.
But there's actually an escape for this. Sports betting. I have seen a few friends who are successful in this method. But, it does require discipline. You have to control yourself to not gamble in casino games and just focus on sports betting. It will be a rough road especially if you are used to playing those kinds of games. I am having a hard time not to gamble in casino games. Why? Because it's fun and it has the fastest multi-win in just seconds or minutes of playing but the risk is just too high.
I don't think we can change the fact that the losing percentage is higher in casino games, so it will be up to us if we want to stop or not. No one is forcing us to play, it will be our own choice.

An answer to this question of yours will be neither yes or a no because it's true you could be winning part of your money lost to the casino and sometimes you may be breaking even, it could also be that you are just a lucky person who has possibly won above what you have lost before but generally if you have been loosing more often than you win and eventually you happen to have a win, it's could then be said that you just regained part of your losses and not you actually winning the game just as you should normally, for the lucky newbies they can still be lucky again and may not loose enough to equate their losses it's just them been lucky as such it is with gambling.

Some persons can actually loose a lot and at a point win so big that it will make up for all they have every lost gambling but this doesn't happen too often, not everyone loose much more than they have ever won, some persons also get lucky and still win much more.

OP, first of all, you could say it shortly, it was a little confusing to read your post. Second of all, everyone should view gambling as a fun activity and not an alternative of 9-5 jobs. Sometimes you lose more than you deposited in your lifetime and get nothing back, sometimes you win back almost as much as you lose and sometimes you are the lucky one who wins the jackpot. That's gambling. If you play for fun and lose in this journey, you'll still feel happy when you win and will consider that as the real win because winning when you gamble for fun, is like a bonus for doing the job that you love.

In gambling it is never a win win it always a win /lost/ lost or a lost/ Lost/ win or a lost lost lost. although there is another category which is the lost /win /win and this people are the set that play gambling with huge amount of money with lesser risk. Rich men don play accumulated games rather single game and that makes them always have a more wining power, than the poor.

The aspect you said that some people will come the first time and win and later be losing, it is just a coincidence to me. I don't see if there is anything that prove the fact that it is a usual case. It is just like life and how we see things. Normally in life we do more frequent bad than good or we say all sorts of bad thing with our mouth and only speak few good things. And that is also applicable to gambling. Gambling is something that you will miss alot before you get a win. It is an indirect way of letting you know how difficult life might be. If it where easy for people to win more frequently , the hole casino will shutdown and almost all gamblers will be rich and non will gamble again. So the probability of winning is %10 while that of lost is %90 that is why wining can not be more frequent than losses.

OP, like you said, some people usually make wins on their first attempt at gambling. That's true, but I also want to specifically say that the only people that win on their first attempt at gambling are very few. If gamblers are 100%, those who were lucky to win on their first attempt are not more than 20%, if at all it's even up to that percent. 

When I started gambling, I still remember my mind was just on suspense, waiting and expecting a win result from my game, but at the end, the game got busted. My first attempt to gamble did not bring any wins; even my second attempt was not fruitful. 

I have lost so greatly in gambling, and if I begin to measure the losses I have encountered in gambling, it's way less than the wins, and that's how the system was designed. If, as a gambler, you are thinking of recovering all the money you have lost in gambling, I don't think it's possible, unless you get very lucky to win a jackpot. 

Therefore, I never believe in anyone's winnings in casino games unless he is someone who likes to share the story of his losses. When someone claims that he is a gambling expert, I always challenge him to show the statistics of his losses. Not only show the statistics of his wins, I am sure of his losses. much higher than the winnings, because I am a gambler, I also know that the statistics that gamblers often get, whether they are beginners or old players, are certain that the losing statistics are much higher.

The dealer will always win against all its users so it is not surprising if the winnings we get are our own money from losses, but if you play at the beginning you win not from your money but other people's money which is to attract your sympathy to continue playing usually at the beginning given more wins, don't believe it, just try gambling with a new account and differentiate the taste from an old account, I often create gambling accounts so I learn a little about the concept of this business, therefore the gambling business is profitable and I'm sure everyone already knows about this.

i think that it depends on the game we are playing. if the game is a game based on strategy, such as poker or sportsbook, it is possible that the money we play will return more than what we spend, for example like poker professionals or bettors. however, if it is based on luck like slots, maybe what you say can be accepted because quite a lot of slot players waste their money on the game before they can win from their game.

In gambling there are two major events that must occur which is losing and winning, this events are part of the game of gambling, many gamblers understand this fact and they station their mind and allow this to naturally occur, the set of person that does not understand this thing are the newbies in gambling and that's why they don't know when to give it a break or continue, as gambler, you must understand that uncertainty is gambling itself, when you stake a game, the outcome is unforeseen, gambling is about luck, if you win that's good but if you don't that's part of the game.

Interesting, I like your thread. Honestly, I can't deny what you said in this quite long post. It's just that, if we look at it from all points of view. The results will be different and varied. I mean, our essence in gambling. We agree that the money we win is part of our money. or, the money is returned by the bookie and that is the fact. Likewise with novice gamblers who win their initial gambling, there are those who are increasingly interested and there are those who have finished there. In essence, this is gambling with various points of view based on the results of our own thinking.

But if it were the other way around, almost 70% of gamblers always win their bets. I guarantee, there will be many casinos that will go out of business. in short, they will suffer financial losses. starting from expensive operating costs, taxes that must be paid, workers and so on. That's why, the system they create is more likely to say that the house always wins. I think, actually, it's not the house that always wins. but it is the gambler, who has no limits during his gambling sessions. so when they get a win, even 1000x of the first bankroll, the urge to continue playing affects our psychology. I also believe like you, there are more losses than wins. But which gambling do we play, which is based purely on luck? or, which involves knowledge, insight and so on. The point is, winning and losing is a risk. The problem is, ask ourselves, why gamble. For me personally, apart from liking football and getting adrenaline from betting sessions, there is fun and entertainment that I get. especially, when analyzing. win or lose, just let the result decide. because, gambling cannot be separated from all possibilities.

This is not always the case. Although, you have a point to some extent but you don't necessarily need to lose so much funds before you win in gambling. Just like you said, some people start gambling with a win, win, win and lose. This means there are people that win often than they lose. Some start with a lose, lose and lose. These set of people experienced lose in gambling until they quit playing. While the majority lose than their actual win. It just depends on the individual luck.

To high extent, I don't think it's correct that our win is a fraction of our money that we lost to casinos unless if you are a high wager. For majority of us who gamble with average and reasonable amount, a one, two or more win will definitely recover part if not all of our losses. For some one that bet with $20 or $30, a single win of like $300 or above will cover your lost even if you experience like 5 lost before that win. It affects people who gamble very often and with a larger amount to win and see it as part of their money lost to casinos but sincerely, there are people who are actually winning more than the their lose but not really much.

A newbie gambler will rarely make win when he started except by luck, which makes it that whenever we are gambling, we should be more focused on the fun and entertainment we are going to benefit from it and not the money to make out of it, gambling is mostly by luck and not even the experience gamblers make this same fortune of winning consistently each time they are gambling, we cannot make demands on winning just because we needed finances for our personal purpose, winning sometimes comes at will, when we least expect them coming.

This is a very powerful psychological technique on the part of the casino: to give a beginner a huge win. I understand that this does not happen because of the casino, but rather a coincidence. But is it good for the player? Yes, but only if he buys something with this money, or withdraws it and leaves, ceasing to play that day. But often it is this first big win that seems to suck the player into the world of gambling completely - so much so that the player loses this money and starts playing from scratch, because he wants to feel lucky again.

It depends on the gambler. A chronic gambler easily forgets his losses and rejoices when he wins. He is fixated on winning and forgets the amount of money he lost he never calculates his losses all he cares about is his winnings he knows the amount that he wins but has no idea of his losses. A responsible gambler knows this fact, which is why he keeps it as additional bankroll for his next session.

This is why many consider beginner's luck as a curse because you have become motivated and overwhelmed with your winning that you begin to think  that you have luck in gambling and you can win over and over again, but this is just an illusion, they will hold on to that believe until they accumulate huge losses and regret it, I always caution all my friends who just started to gamble to not be confident when they're experiencing early winnings because its an illusion that will soon catch them.

If it's playing in casinos we seldom see gamblers whose winning percentage is higher than their losses, some brag that their stats are great but they do not include all their losses, but it's different if it is a lottery, it is extremely hard to win a lottery, you have a better chance to get hit by lightning twice than hit a lottery jackpot.
Casinos are profit-driven platforms don't deceive yourself that you could make it your cash cow, it's the opposite gamblers are their cash cow so treat gambling as an entertainment platform so you can cut your losses and free your mind.

You win on your first try; that's "beginner's luck." Unfortunately, some may neglect the reality that most of us gamblers aren't really making money. The reality might be harsh for us if we keep tracking our wins and losses because, in all likelihood, we have more losses than wins. I'm referring to the individuals considered typical gamblers who don't treat gambling professionally.

If we're just looking to have fun, then we'll likely have moments to enjoy, but there are also times when we experience losses. Looking at the big picture, we realize we have no chance since this business is not for us to grow but for the casino industry to prosper.

Leaving the discussion a little because it is important to always clarify people when they talk about losses in cryptocurrency investments. well, if you look at the price of bitcoin in the past it managed to reach $69,000 and then it fell a lot, but before reaching that $69,000 the price started from low, something like $1, $2... until it reached that $69,000 . which means that everything depended on you having done research before buying so that you knew that bitcoin was a better investment compared to alticoins, just look at the following, a few years ago the price of litcoin reached more than 300$ when the price of bitcoin was of more than $50,000, both currencies fell a lot after reaching their ATH, but there was a big difference, which was that the price of bitcoin went from $3000 to $69,000 and never went back to $3,000, it only fell to $15,000.

while the price of litcoin went from 50$ to 300$ and back to 50$ and today the price of litcoin is at 70$ while the price of bitcoin is at 52000$, the reason for this is simple: litecoin does not have nothing useful that attracts people, this is because despite being a currency with low rates compared to bitcoin, it has an owner while bitcoin does not. all altcoins will only have temporary success. so don't invest in altcoins, only invest in bitcoin

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Regarding the length of the thread, I always keep saying that anyone can only make a profit at the casino when they stop playing while they have won more money than they have lost since they started playing. For example, if a person has been gambling for 10 years, lost 2 million dollars, but won 5 million dollars and that person stopped gambling, then that person had 3 million dollars in profits. Now, if that person continued playing even if they said they were playing for fun, then that person cannot consider themselves to be making a profit. because he will lose everything as long as he keeps playing

I think that he's talking about that gambler's whole career, not one single game. If he loses one day and wins the next, the money was returned to him, he did not gain anything.
Even if we were talking about a single game it's still money returning to you. It doesn't matter if the game is based on strategy! What matters is that it's the same casino he lost money in.

It's important to be honest with yourself and not go out telling people how much you won but count the total number of wins and losses and decide if you're really in profit. You can have 100 losses and 1 big win that wipes it all, but you will still be at a loss because you've lost time trying to gain money and you're still at the starting point.

Actually, what OP said is true, and I also realized it, winning is quite special, but we don't need to think backwards, if we don't accept what we have to lose in gambling, it's best not to gamble, enjoying the sensation of the game is much more fun than calculate losses and wins

I don't believe is true like this argument doesn't hold any valid prove that shows that when you are gambling indirectly the casino or gambling site are gradually accumulating your money to remit it back to you as winning, okay let us look in the case of lottery when someone will have to win about $45m just like that, does it mean that such person has lost about $45m in gambling since their live time or since they started gambling? The answer is capital "NO" why because when they win such amount and if they utilized it very well that person can never put them all into gambling again because they have established their life's already.

Like as I always believe, gambling is game of chances and if you have a good chance you would constantly win without you incurring much lost. I think I can also flashed back to a post made here by user " Gambling sites including unsolicited games in betslips to ensure it fails (https://bitcointalk.org/index.php?topic=5485757.msg63690511#msg63690511)" where a casino start playing evil against their user for constantly winning. Will this person be liken to receiving back the money he has spent so far? No because it is luck based game where no one can predicts the outcome of game.

Admitting to yourself about the reality in gambling will not give you high expectations on this activity. That is true, considering your overall losses and wins, I believe will give you the ballpark on what you are now in gambling. One win doesn't mean you already recovered from your previous losses. But what is really your intentions why you are gambling in the first place? If you are just chasing losses, then, I guess, you will easily be on the brink of bankruptcy.


Unfortunately, most gamblers are seeing this activity as their source of income or way to gain money to cover their debts or other financial requirements. Sure, if you are only playing just for fun, you will truly enjoy the entertainment that gambling can offer. But when you start looking at this activity to be your saviour, I guess, that's when you start having trouble with financials and stressing yourself on your games.

If you think about it, it's like that because "the chances of losing are always greater than winning". So, whether we realize it or not, the wins we achieve in each gambling session we play are only a replacement for some of the losses we experienced previously. and for people who have been in the world of gambling for quite a long time, of course they really feel this, except for those who are lucky enough and are able to make big wins in almost every gambling session they do, but this is quite impossible.
 
Meanwhile, when talking about winning or losing in gambling, it is a common thing, and I consider winning to be a mere possibility and defeat to be a certainty. While the financial risk that I experienced, I consider it to be a fair price that I have to pay to get the pleasure and sensation that comes with every gambling session that I do. Because I think, so far I have only bet a fairly reasonable amount and I feel ready to lose it. So there is no regret at all if at the end of the game I have to lose.

And for those who are quite doubtful about what the OP said, if you still remember the budget you spent from the first time you gambled until now, and calculate all these expenses and then compare them with all your winnings while gambling. And look at the results, is it compatible or not?
I have done this and the result is that the gambling I did only resulted in financial losses.

This is a critical distinction between a chronic gambler and a responsible gambler. The chronic gambler is often consumed by the excitement of winning that leads them to overlook or downplay their losses. This mindset can perpetuate a dangerous cycle of chasing wins and ignoring the negative financial consequences.

In contrast, a responsible gambler recognizes the importance of keeping track of both wins and losses. They can make informed decisions about their gambling habits by maintaining a clear understanding of their financial standing. This includes setting limits on how much they are willing to wager and being mindful of their overall financial health. Responsible gambler using winnings as additional bankroll for future sessions is a prudent approach to gambling. By reinvesting winnings strategically, they can mitigate the risk of excessive losses and prolong their enjoyment of the activity without risking financial ruin.

When it comes to winning and losing percentages coming from a gambler's stat the casino gets the bigger share of the gambler's bankroll, casinos are a profit-driven platform and they have a so-called legal system called house edge to beat the gambler legally, so if you win a huge amount check your stats and you will be disappointed to find out that you did not even regain what you put in in the casino, but if you enjoy playing, then you can say that at least you enjoy the game.
That's the best consolation you can get from casinos is you enjoy playing on it.

I'm a gambler for years already and aware of the fact that I had so many losses more than a winning moments. That being said, i'm not in profit but still chose to continue playing (though not often). My point is, yes it might be true that your few wins are just part of your many losses but what did you get in return? Because satisfaction everytime you play is crucial since this can minimize the bad effect of losing your money. As long as you are entertained and satisfied then I think you should not regret even you lose. Moreover, it is your decision to play even gambling is a game of luck and risky.

Anyway, casino is a business so they can't continue to operate if they are not in profit. Thus, it's not surprising if majority of gamblers are losing their money instead of gaining. This is a fact that every gamblers should know. If you can't bear losing your money since that's very likely, then refrain from playing and spend your money in something else that you won't regret.

Go check your stats and ask your friends' stats and all the people you know who gamble, if you and your friends are honest then you'll find out that all of them are true, because gambling is not an investment platform, where you expect profits, it is an entertainment platform where it brings you entertainment on all the games they offer to you, so it's true, I hate to say it's like a compliment for playing in their platform but don't stop the fact from enjoying your winning you deserve to enjoy your luck not every day you are hit by luck and win.

Well some people think that when you win in gambling, it's just the casino giving back what you lost before. There's this idea that they want to hook you in by letting you win at the start. While some people hit it big on their first day, others especially regular gamblers often talk about losing more than winning haha It's like a cycle where the wins might just be covering the losses. The whole thing gets even trickier with casinos promoting those early success stories to draw in new players. So whether it's a legit win or just paying back losses is a bit of a gamble itself

I seem to agree with you because of the facts that I have seen so far in the world of gambling, they will continue to experience losses. Even though they won, it was their own money, which was previously the money they had lost due to losses and that may only be part of it and not all of it, if they win again it is still their own money, so there is Some people who haven't experienced a profit if they are able to realize it sooner. Especially if they calculate the total of every bet they play, of course they can see for themselves how much they have experienced losses compared to their wins which they have always been proud of when they win.

And there are also beginner gamblers who get their first win even though they haven't spent much money gambling and this can be said to be luck, but there are also some casinos that are specifically designed to give wins to beginners, there are also those that provide bonuses and that aim to attract interest beginner gamblers should continues to gamble on the site, so the casino is very happy if beginners are attracted by the promotions they run.

I think that part of money you lost before that the casino has returned to you is like a promotion from them and I don't think every online casino has this kind of promotion. Some promo with new accounts are additional roll or additional certain percentage from the first deposit you make in the platform. I'm not quite sure if there casinos who can do both, If a casino return part of your losses, there might a certain consideration before someone can be illegible to receive one and I think that promotion is only available for those people who reach certain amount of total bets since the creation of the account. I think some casinos do this every year as a birthday gift, but then again it is only available for those who make huge bets.

If people really understood concepts like House Edge or EV they wouldn't ask these questions. It all comes down to being clear about the difference between long term and short term. In the short term, what can happen to you in an individual session is that you can win money (as well as lose it), but with enough long term, with a large enough number of plays the probability of you winning money (taking into account the total money wagered versus the total money won in all sessions) is getting closer and closer to 0.

Most likely overall most gamblers are negative in profit. There are a few that are in profit, but if they keep gambling they will probably end up in the negative. Regardless of whether you are in profit overall or not, you should enjoy the wins when you get them, they're not going to happen everytime.

Gambling requires luck, so some profit and some lose. Btw I often visit bustabit.com and check their leaderboard. It's insane how much some people have profited. There is a guy called KLITZ that is in the profit of 468 Bitcoins. He was gambling in 2018, when the price was around 5-10K but it's still amazing profit, he became a multi-millionaire. There is also a guy who is in loss of 1,278 Bitcoins but I can't check his activity.
I remember in 2016 when I was gambling on bustabit too there were many guys who were gambling 24/7 with small satoshis but a high multiplier. Probably some strategies work long-term on bustabit and crash games but in overall, it's not a good idea to keep doing it long-term if you want to keep the profit.

It's not impossible to win a shitload on any game. I was up 177 btc at 1 point on bustadice. Started with .05btc and got some super big wins. Overall I'm up lifetime in gambling, but I guarantee less than 10% of gamblers are.

looking at the argument from a logical point of view, casino owner establish their site just because they want to make a profit and how else can they make this profit if not from the losses of people? It might be from your loss or that of others but at the end of the day the money gamblers use in the process of gambling is what they end up winning at the end of the day.

People sometimes become lucky to experience some wins during their first moment of gambling which encourages them to continue gambling in the long run but at the end of the day, they will still lose their money which will be used to pay for the wins of others.

Imagine their is more win than losses in a casino gambling? Would the company still remain financially strong enough to continue in running the site? It's literally a gambling adventure that's happening between the owners of the gambling site and the person involved in the process of gambling.  If you win or not, someone always gains at the end of the day. So it's a win win situation for the both parties where each parties win depict the loss of others.

It's like a cycle in gambling winning might just be getting back your losses. This is a common belief that's in gambling wins often compensate from previous losses, that's is how casino and others intend to make their profits because the amount of loss on daily basis is higher than winning percentage on daily basis. There are only few individual who their winning percentage is higher than their loss this might have stemed up by large wins or frequent wins, and this is the actual target of a gambler to loose but win big when the chances arises.The reason the lost is not felt it is because sticking to a low budget help manage losses and gambling with money you can afford to loose. The target is just to win big or win frequently but in doing so there person who might not win, some might win little, some might win huge.

I do not believe this statement and there is no data to substantiate it. How will this even be possible when many gamblers that I know including myself was drawn into gambling because of winning my very first bet? Yes, my first ever gamble was a X150 win and that was how I started gambling till date.

Are you therefore suggesting that there is no way to win the casinos? Assuming you could point us to any data to validate these claims, then it would have made more sense rather than this emotional statements that depicts gambling as a way of throwing money away. As much as I know, people do win casinos, without which there will not be any business. The fast growth experience across the various casinos is linked to a balance of business between casino owners and the users even though the system is arguably designed to favor the casinos more.

This is not true and can never be true. I know a lot of people that became wealthy by winning jackpot in the amount that supersede what they could possibly deposit into casinos.

Actually it's true because many have lost enough money and haven't win even little that we will say they are winning and others that's new win in their first season they know about bet. IMO it's not winning because the casino will always take the money back from them with just a little time, when you win below 10 million naira you shouldn't be much happy because you will eventually gamble with it another time and when you don't use your winning wisely you will still give all the winnings to the casino, that means you haven't won any bet but you just used the littlest opportunity to bring yourselves more to betting.
If you by any chance win on your first day at gamble and you didn't use the money to acquire important thing (more like physical properties) you will definitely give it back to the betting company.

Can we say that we have a balance between winning and losing a game? I'm not used to check or track my gambling activities, so I'm not sure if I win a lot or not. As you said, this is not an issue to a gambler because everyone is accustomed to when it comes to gambling that we don't get just winning, there is always that defeat. to be honest, I can't focus on my game if I'm constantly watching every move that I've done. As long as I manage my finances and betting strategy, I have no problem whether I win or lose. I just need to stick to the budget I have allocated for gambling so that I don't run out of money.

This mindset is what most of these gamblers do not have and that's why they would want to embark on a recovery Mission when ever the loose a single game because they feel it's a money making platform so if they loose money, the next move will be to make back such money meanwhile they forget they were supposed to seek entertainment on the platform and then let go of every other activities in the platform but because the little rewards they get do the entertainment is now been seen as something they could use as an opportunity to make money, they keep going beyond their limit to make things even difficult for their selves.

If only they have the mindset of just having fun and probably getting entertainment, they may just leave their losses as the price they paid to get fun and probably move on because if they get back to chase that loss they probably lose even more.

Yes there is logic in your words. not only in gambling but also in trading, business and in all cases one can not only benefit but also have to lose. So you should invest the amount of effort or investment that you can afford to lose in things that are risky.  Then you will see that your life is very easy and you will not face danger in life. Gambling gives us a lot of fun but it also makes us addicted to it which has a lot of effect on our financial condition.  So always gamble the amount that allows you to keep control over yourself

The process of losing funds over and over is where many people lose themselves, they get tired along the way, it could be a long process before you win some money and even if you win, the amount might not be up to how much you have risked on gambling, this is why you need to always risk very little amount of your money on gambling.

There is no how you won't lose money, but lasting longer is the main process to winning, if the money is very far affordable for you, then you can continue to try again and again for a long period of time before you finally hit your win, but if you have risk too high amount of money, you will hate yourself if the expected result isn't happening in a short period of time.

For some people it's easy to say that they only get what they used to gamble back, and some are so unlucky that they will never make what they have risk in gambling back again, but the safety part is staying withing your capacity, don't risk more than you can afford to lose.

No, I wouldn't say "YES" to that, what I mean is that there is absolutely no such thing as a balance in terms of winning and losing in gambling, it is very difficult to achieve such results and if you don't believe me you can do the calculations over a period of time such as a month or three months and count all the money lost and won and I am sure that the result is that the amount you lose is most likely much greater than the winnings because as we know that after all the house is the real winner.

This is why never put the goal of earning along with putting hope in gambling because obviously what will happen is that you will lose a larger amount, we must understand that gambling is a profitable business for casinos and therefore as we know that most gambling activities end up losing more than winning, that's because the purpose of the bookie to build a casino is to make a profit and we can see how the fate of gambling addicts or gamblers who always overdo it, they almost run out of all the assets they have and experience many problems such as debt. Therefore, it is always recommended to treat gambling activities reasonably by limiting your time and budget without putting expectations or goals of earning except for entertainment only, and I remind you that even if you manage to become a responsible gambler it does not mean that you can achieve a balance in terms of the number of wins and losses, because still the problem of winning will not always be known.

Which is the truth. You are indeed lucky that it happened to you at an earlier time.

Even if I include my profits in sports betting, it won't be enough to cover all my losses in casino games. I always end up on a losing streak there after an early win because I always thought it would continue but sadly it doesn't. I cannot even remember anymore the last time that I made a withdrawal from the profits that I made in gambling for either slots or casinos. It was a long time ago, maybe months.
The winners in gambling are very low in numbers and we call it "luck". I say they give it to the new buds so that they will start gambling and stay forever.
Make them win so they will stay and when they get old they will also experience the same thing as us. Even since I reached the VIP rank, I've rarely seen myself winning x1000 or x500. It's getting more difficult and if that happens, it will be taken back as fast as possible by a losing streak.

This is the reason why gambling shouldn't be for profits reasons but for entertainment reasons. When you're gambling for fun to entertain yourself you won't be bothered if you're losing money but when you're gambling for the purpose of making money you'll always be at lose due to the casino have an edge over you. You can't win the house, it's in a very rare situation that you can have an edge and this is when you are a very lucky gambler or you're betting through a game you're familiar with.

Don't expect to be at a net profits therefore be enjoying yourself as you're gambling and when you win don't think about your losses as losing is a part of gambling as every individual that's gambling regardless of how good you think you're, you'll always lose something. Gambling is an activity that comes with alot of losses and no guarantee of you learning from the losses as you can still lose when you bet.

Experts said that's a fact because every time you lose, sometimes it's more than the days you win, and at the end of the day, it's just your own money you get unless you won at the beginning and that's not the case as we all know because once you win or lose, you will end up getting back there after every job you had all day. That's exactly what they want you to do and they are willing to give you some wins just to make you addicted and want to return back to play. That's exactly what online games use and they use gotcha and other methods just to hook up rich players and they only realize that they are only wasting money after they have lost a huge amount of it from playing gotchas.

I have always thought that some basic notion of probabilities and other similar topics should be taught in schools early enough so people can at least understand those kind of concepts, as even if they never became gamblers it will help them understand other instances in which those concepts may come into play and help them take an informed decision.

Because even if anything can happen on the short term, a person that gambles long enough should have their results to approximate very closely the expected results out of the bets they like to make.

That's right because every time we lose, we will have an intention to recover the losses and that can easily triggered us to deposit some money to continue playing gambling. If we don't have a good self-control, we will not be able to hold ourselves forgetting the losses instead we will continue playing gambling. And if somehow we can win, we should realize that the win money is our lost money that is back to us but the amount seems less that the total lost that we get. We must know that winning the gambling games is difficult and the more we playing gambling, the more chance we will loss much money and that will makes us curious about our losses and there will be an intention to get the lost money.

It makes sense to think this way, that the money we have lost is what we won back, but few people are so lucky that they don't place bets for too long before they win massive amount, what do you all have to say about this? Some gamblers get used to the win feeling which makes them to keep coming back for more.

As time goes on the gambling effect is already affecting them, they aren't going anywhere, just like the casino works, it would have been better if gamblers can take their leave once they get so lucky, but we all want to stay, thinking that there is more, unfortunately there is no way to escape this unless you quit gambling forever.

I will be alright, I believe this, unless I risk more than I can afford to lose, I don't think that risking few dollars in just twice in a week can do any damage to me or my family responsibility, I urge everyone to keep doing the same thing, if truly you all accept that gambling isn't truly fair like we all think, then it's better to rely on something else than to risk most money on gambling.

Our mindset will determine us in the view meant by the OP, for example if we gamble to make money we will usually think like this when we gamble we have to win the game and that win is the result of the money we have lost while gambling there, but if we Continuing to think with views like that won't do any good because as people know, casinos are a promising business so they won't feel disadvantaged by having built them, all the money circulating in them is user money.

So whoever loses the money will be given to the winner and vice versa, in the end it's still the dealer who wins against all the users. Unconsciously, the more you play, the more money you lose, the richer the dealer in the casino becomes, they don't have enough money to pay. users who win unless there are users who lose to pay for those who win, that's how those who gamble for money look at it, but if those who gamble for fun they won't think much like that what's on their mind is how they pay the casino to make they have fun with the games that have been provided. I think it depends on how our mindset changes the way we view what the OP said.

This is true because I'm yet to see a gambler who have been winning all the bet that he has gambled. In gambling they say you win some and you lose some so those times that you manage to have a win are part of the loses that you have recorded through your gambling experience and for the serial losers who eventually got a win may only be having very small pay back from his loses.

This goes to say that casino owners are always in profit because more gamblers lose than they win, the house as always has an edge over the gamblers, while you are winning others are losing and casino is paying winners from losers money. Therefore, if you win, you are winning just few amount from your total lose. Only a few gambler are in profit.

This is true on most of the gamblers since the majority of players is in negative PnL since they preferred playing games like slots that has a high house advantage. This is the reason why casino industry is in demand because many new players keep coming and contribute to casino profit which is the design of every casino.

The only way to beat a casino is to play on games that you can have mathematical advantage such as card counting on blackjack and arbitrage betting. Remember that we should only gambling because we need some entertainment that’s why we shouldn’t count our loss so that winning sometimes can give you joy. Thinking like what you mention will just kill the fun on gambling because you will never have fun on your win if you always consider that you are just getting back what is loss from your wallet.

I like the way you throw this on board for people to comment and not be too rigid with self-belief about it. Well, my opinion can be different from others but I think it's the right way we should go about this. First, think of this, if you are rolling a dice on your own and decided to give yourself the pass mark whenever you roll between 4 and 6. Meaning that 4, 5 and 6 are your pass marks and 1, 2, and 3 are your fail marks. Can you have the pass mark all through? Certainly not. That is how gambling works. The same way you can never have the pass mark always in a fair offline dice rolling is the same way you will be making the pass and fail mark at different times. I however used the dice of your own to prove how fair that is so that you can relate it to casinos. But if you play with the true provably fair casinos, you can be sure of somewhat fair plays void of cheating. The only thing is that you will be playing against whatever is coded in the algorithm with which it works.

That is why you will see some people play many times before they win, while others may just play once and win. It only depends on the programs coded in such casinos they play, and it is mostly about luck as well. If you are lucky to play at the right time and to have chosen the right game and option, you get to win at that time. But if you are not, you will lose regardless of how many times you play it. I believe this is fair enough, it's all about the system programmed in that game. By the way, this is in the casino's branch of gambling. But this is not so the same when you play sports betting, you and the house have a 50/50 right and chance here (sports betting) since the house can't program the live matches against you. For this, the give-and-take remark in your post is so relative. Also, if you are smart enough to gain quality experience in gambling, choose the right game option and also have good management towards gambling to be better. This way, there is no way you will not have more earnings than losses, especially in sports betting.

One of the proofs is that there is absolutely no gambler who managed to turn his fortune into a rich man if they are not more than just ordinary gamblers, and the reason is like what you said here that no matter how and in whatever way you treat gambling activities, you are still just spinning on a cycle of winning or losing and the scenario is like what you said that the victory that the gamblers managed to achieve is the money from their previous losses, And sometimes the winning situation can also be said to be not a real victory, because for impulsive gamblers they will usually apply or have difficulty ignoring the greed in themselves rather than cashing in when in such a situation which ultimately makes the winnings disappear again.

That's right, all casinos as a whole are always profitable and this profit is what makes most of the casinos especially those based online able to survive until now, they calculate profits from the losses of all gamblers who play in their casino, simply put the house always has the upper hand and not a single gambler is able to beat the amount of house profits, the logic is because it is the casino that manages all the systems and algorithms in every game played by gamblers so they are the ones who have the power and who manage all your wins and losses, this is why we should not take gambling too seriously.

Yes that is true but it will not be equivalent to previous losses.
According to my previous experience, I calculated the amount of money I lost and the amount of winnings from gambling after I calculated the total loss for 1 month was around $200 and when I won in 1 month it was only $100 and all of this is the total amount.
In the next month I used the same budget of $200 in one month and got winnings from slot games of around $150 in my local currency.
From this note, I understand that the winnings are the result of money that has been lost previously, but sometimes if you are unlucky the amount will not be equal to the previous loss.

So, now I will not record my betting history because it will only make me regret myself enough to enjoy whatever I want to bet on, losing or winning is indeed the concept of gambling and when you win big it is a bonus.

True, right? The gaming ecology seems bleak if winnings are just losses recovering. I've seen the highs and lows, and the scales often swing toward losses. However, first-time winners provide an intriguing counterweight. Some win on their first try, luring gamblers in. This is important: not every gambler's trip is the same. I've met unusual birds who, by luck or strategy, come out on top for a season.

However, the promise of the next big gain keeps many playing, chasing losses with hope that defies the numbers. Does every win equal losses? Probably, but exceptions exist. However, knowing the chances are not always in your favor is wisdom.

Our losses in gambling will always be above our wins. There is no way for someone who engages in gambling will have a win over losses since they do gamble always. Gambling doesn't care if it is the first time gambling of someone or not. What it wants it's your money nothing more. That's why every gambler is to use the money they can afford to lose to be on the safe side because gambling is not what to move into with money meant for important things because if you do, consider it a gambling loss.

This always happen with gamblers who never get satisfied, the hunger for more money is why many people are addicted to gambling, I am addicted to making money too, we all want to survive but I choose to look for money through are means.

It's not always the case that what you win is what you have lost in the past while gambling, I myself, with using some small money I have gotten lucky to win 1,500 with $30 before and since that time I still keep using few dollars, and there was times where I win $300 and also $480 and so on, using $20 - $40 dollars, I don't think that gambling is leading here.

I can gamble today and come back four days later, for me it's not a daily job, it's not an office where I must visit everyday, but of course if you are so into gambling you will surely give up more money before you get lucky, the trick is risking only what you can afford to lose and also give space and time, if something seeks your attention most of the time it should be on your job or your family, do not spend most of your time gambling.

Nice strategy. I did the same thing after I lost the biggest bet I have ever placed in gambling before, I think that was less than a $100. I have a hard time moving on that time that is why I abstain for awhile until such time I just accepted the fact that I wasn't that lucky for that game. But I just came back to gambling few years back and yeah I have more control of myself than before and even spend only extra money I have so it won't hurt if I lose all of it.

Wow, that's a nice strategy and I also want to do that because I have this thing that I don't want to monitor all my gambling activites especially the money that I've spent because I'm strictly following my spending habits and I'm sure that I'm not addicted into It, but yeah, I just wan't to try your strategy so that I can lessen my gambling time and I can have more time in other important things.

Actually, it highly depends on how often the gambler visits the casino, how much it wagers and the risk they take while gambling. Though, It is save to say most of dedicated gamblers are in loss because of their hobby/habit, but in the case of gamblers who do not dedicated much time to wagering money, there is a chance for them to have a positive balance over the losses to the casino.
For instance, I have got a friend who is not a gambler, however, he was invited to a casino in the capital city, he played blackjack a bit and he ended up winning 50$ from the casino before having to go back home.
He managed to win from the casino, obviously it was not a life changing amount of money, but he indeed managed to make money out of it, had he continued playing blackjack some hours more and had he returned the next day to continue with it, he wouls be likely with a negative balance.
He knew when to stop and he was not a dedicated gambler, so he ended up winning money.

You have to get used to following this strategy so that you don't become addicted to gambling because if you ignore it it will have a bad impact on your gambling activities, because everyone convinces themselves that "they are not addicted" but in reality they have lost a lot of money on gambling.

I think your advice above is very useful for reducing gambling activities and freeing up time for other more important activities, make sure you consider gambling only for entertainment and not a source of additional income, if you apply this in your daily life then you will never be affected gambling addiction.

The outcome in gambling is largely influenced by chance, and the inherent nature of gambling ensures that the odds are stacked against the player. The people who approach gambling need to use discretionary funds that they can afford to lose. Allocating money specifically for gambling purposes helps mitigate the potential for financial hardship and ensures that essential expenses and priorities are not jeopardized.

By acknowledging that gambling is inherently unpredictable and favoring the house, individuals can make more informed decisions about their participation in gambling activities. Recognizing the realities of gambling and adopting a cautious and responsible approach are key to minimizing the potential for harm and promoting a healthier relationship with gambling.

what we win is the money we lose, I don't think so, I think when I win gambling it is someone else's money who loses and vice versa, and this cycle will continue to turn, and that is the reason why casinos very rarely go bankrupt because they pay out their winnings. which is greater than their income

Thinking "not addicted" indicates that he is already addicted. I experienced something similar 3 years ago, at that time I felt that I was not addicted to gambling, but in reality, I refused to admit that I was addicted. If someone claims "I am not addicted", I no longer really believe that statement. Even if he can manage his gambling expenses, that is his success in controlling his finances and addiction. This does not mean that the person is not addicted. Luckily, I no longer gamble to follow excessive emotions. I chose to give money to my wife, to be able to control that I don't use it to gamble, and this succeeded in reducing my gambling habit, even once a week I don't necessarily use it for gambling. Life much better with this strategy, LOL

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back to the topic, is it possible that the winning money is the money we lost before? I don't think so, if the player can control himself when he wins, then his win is a true win, not a refund given through big win/max win.

If you look at the concept of gambling for many people, you are always right but there are some players in gambling that are naturally blessed with winning. They once had nothing but today, they have more than 2-3 multimillionaire businesses running and they haven't stop gambling and that's because they win more than they lose in gambling, they win so much amount of money than anyone could imagine and they win bigger millions many times in a year, I consider these group of gamblers to be the lucky ones.

If the money we are winning from gambling is the company money, many of them will cease to exist but many times, these gambling platforms don't go down even if a player win a million naira. Sometimes, I view their hot wallet to see amount they have in their wallet and I just open mouth in amazement, gambling platforms are so rich to stop functioning.

Unconsciously, our lost money is also there, the cycle goes round. So actually we gamble to win how much we have lost. It is natural for gamblers to look for ways to avenge their losses at the gambling table.
The percentage of people winning at casinos is definitely just under 30%, which is why they have never lost and can still pay out every player's winnings to this day.
The more gamblers lose, the higher the gambling company's income rate. Moreover, every day there will be new members joining there because of the massive branding on social media.

The cycle for most of us. However, we might not be able to notice that because we are not keeping a record of our wins and losses. If we do, we will see that overall, we are in a net loss. Maybe that's just how gamblers think. We are too optimistic to win but quite unrealistic with our approach. We think we are winners in gambling, but that's just because we are failing to acknowledge our losses and boosting only our winnings.

When we win, others loses and when we lose, other wins, is as simple as that. A winning boosts the confidence of these gamblers but when losses are recorded, a gambler no longer remained the same because he feels remorseful for his actions in gambling space. Gambling is not for the weak, it takes only a strong person to survive the space. It's built with volatility and we expects the worst to happen. Explaining the whole space becomes complicated specifically to newbies in the space, they're new and have no solid knowledge of the system.

Why do you count your losses in gambling? if you are not ready to lose, it's best not to gamble, expecting too much victory in gambling is not recommended because you only play to win and in gambling it is impossible if you keep winning, between winning and losing what you are talking about in my opinion is the mind which is wrong, if it goes like that then gambling will not be fair, just imagine you are playing cards with your friends, is it like that?

Yes, you are right, gambling with the aim of having fun and as entertainment for ourselves, we will not experience problems even though we have lost money because we enjoy it with pleasure. Indeed, if we examine further how big our losses and our winnings are, we will be faced with The painful fact is that we experience more losses, but if our goal is just to have fun, we won't worry about these losses because these losses are part of the game and as game fans we must be able to accept the fact that we will never be able to beat the house.

There is no net profit in gambling because in fact the profit we get is mostly our own money that we have previously lost and that is only a small part. Don't be too proud even though sometimes you can win because after all the victory is only temporary after that you will only experience losses. Therefore, as a responsible gambler, you should not rely too much on gambling profits you must also understand that gambling is a game full of risks.

It is true that we will not be able to get it if we hope too much to win in gambling and I agree with what you said, if we are not ready to lose in gambling then it would be better for us not to gamble, because it is very difficult to win in gambling because if we expect too much from winning at gambling, so we will gamble by forcing ourselves so that we cannot do the type of gambling that we play correctly and if we win at the gambling that we play, of course it is luck that we have got and we have played the game.

The vast majority of gamblers will lose more money than what they put in. That's just math and how it works.

At the same time, there will be a handful of people that by mere luck won more than what they put in. This is extremely rare, but happens.

One example of this is an Australian man called David Walsh. You can read about him online. Even in his own book he calls himself lucky.

I think you talking about a rebate or rakeback there but this is not what he mean, though you are right that not all casino has that but they might still have their own charm in order for them to attract players. The other promo you are talking about are both possible in some casinos and in fact it doesn't end there, but before we say they are generous, we should read their terms and conditions first and we will find out by there that they are not easy to fulfil.

A massive luck is still needed there but it's a great treat once you have it. For some casino we need to reach their lowest level of VIP before we can get eligible for the rakeback and usually this amount is $10k. Indeed it's huge. Some casinos has separate birthday bonuses but again you might also need a good VIP level to avail this, which a bit suck if you are only a small player.

I am more of the opinion that gambling should be based on the fact that you know that you are against the house and most importantly,  the house must win and keep winning at most so for that it is better to know when you get to your limit and need to know that casino will always have a way of collecting their money back if you don't take a break from gambling after you hit the winning.

 neverthelessess,  gamblers still have thoshowboatve the luck to win and then walk away from gambling with all their bounty winning by giving back to the casino in the form of losing again.

Before a casino would be approved and licensed, there is this body that make sure that the company is insure before they commence operation, it's one of the safety guide to protect players and if that money is not available, they don't licnence the casino. However, I'm not sure if most of these casino do something like that before they commence operation but even at that, there must be money set aside huge enough to pay people that may luckily win big amount but on the long run, if there is more customers they should have increased in gross revenue.

When you lose, the money goes to the gambling and the casino becomes the real ownership of the gambling and when you lose, you didn't win money of others, it's the money of the casino, they are the one paying you from there money and not from the previous people that has lost due to change in ownership of the money.

Thank heavens you are no more an addict and congratulations on being able to escape the shitty life of an addict.
Of course addict are usually seen as gambling addicts or people who are stupid and irresponsible because of the fact that they lose more often than they win during gambling activities. Many a time gambling addicts tend to continue staking irresponsibly even when they make consecutive losses hoping that they will luckily hit a jackpot and get back all their losses in 10 folds.
As a responsible gambler you should have a personal boundary on the amount and frequency of your stakes to avoid staking more than you can afford to lose. Being able to manage how much and often you stake is an important factor to becoming a responsible gambler.

Your tune suggests that gambling is a closed case where gamblers are doom to fail. I try not to read your submission in this direction but the more I try, the more it become impossible not to. I do not completely agree with that conclusion even though I see some sense in sense in it.  There have been evidence of people who have their lives completely transformed through gambling; they won amount they could never made in their lifetime. Maybe you may be suggesting that it was the money their great grandfathers lost that are being returned to them, this way it will become more convincing. What I do believe to be true is that it is possible to win gambling and make a decent living from it, people are doing it and it is doable.

I had a really tough time deciphering your post althrough... But what I'm about to say is basically about the emboldened word; what do you mean by the first winnings is made to lure the newly converted gamblers whatsoever..? The casinos don't even program any games, talk more of the winnings.. secondly, nobody knows you in particular (although you may decide to disbelieve this information based off of the fact that your KYCs can represent)...

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All what I'm giving more clarity is that casinos don't choose people to win games just to lure anybody regardless.

Sandra 🧑‍🦰

It's not easy to build your own casino, you must have enough money on your account and your casino companies must be licensed by the government before you can progress with your own casino. If you want to come up with a local casino you must pay for it, your payment is a method of legalizing your company to the society, and as a new casino you must advertise it on social media platforms, TV's newspaper so people will know the assistant of your company.

Its a simple logic and you've just unraveled it mate, what money we win is someone else's money that was lost in a bet somewhere else, just as my loss would be for a payment to someone somewhere with a win. If we say it's money we had lost in the past that we got repaid by winning what about gamblers that have rarely made losses as a result of them not regularly gambling but in all the times they have gambled they have had more wins than losses. I therefore agree that it's just a payment circle that goes on and on.

What every gambler should strive for is to making sure they don't be in the category of the highest losers and that can be done by gambling responsibly, not using money you can't afford to lose.

We should take gambling for entertainment and nothing more than that, this is because when yoh gamble for the profits you tend to be in a compulsive position, and in the end it can lead you to lose more than you can afford to lose and that is why we always advise that, one should not take gambling as a such of income but rather a way to get entertainment from the game, .any times we are just a tool in the hand of the casino and the winnings of mr a is goan be paid with the loses of Mr b and the same cycle goes on all the time.


Another thing is how we tend to take breaks or follow our own principles and lay down rules, because not doing so will only lead us closer to unfavorable outcomes at the end of the day, but our ability to follow those rules also is another thing to consider also as gamblers.

As gambling involves luck, anyone can take advantage and anyone can lose. It is not unusual for people who have never gambled but won their first bet. And for this reason we cannot say that those who are completely new to gambling will win. Some may win and some may lose. But such comments have been heard before from many gamblers who think it is easy to win on the first bet they think Gambling platforms in particular heavily favor and entice newcomers. I myself won the first bet. But I could never be sure that I would win that bet. I disagree with those who make this comment on gambling. Because I think it's an emotional point of view. I have also heard from some gamblers that they lose when they take big bets from gambling and win relatively small bets. I could not agree with such comments. Just because he might win small bets and lose big bets doesn't mean he will win small bets.

OP it actually depends how deep one has been in gambling and most gamblers doesn't keep records of their winnings and losses to know if actually the money they won is part of the ones they have lost in previous attempts to win but however, to me I feel that a consistent gambler who have been losing conspicuously may be recovering part of his losses although it depends on the amount that's being won because there is an amount that one would win that can actually supersede one's losses but inasmuch as most gamblers doesn't keep records of winnings and losses it would be very difficult to know whether your winnings are part of recovery of your losses.

The only thing I would believe is if casinos or gambling companies pay from people losses because there are some winnings that they normally pend so if they are paying from their pockets they would have done that immediately but instead some of them waits for people losses in the following weeks in other for them to pay winners with losers money.

 From the comments I have seen so far people have made different comments which I have seen. Some people would say many have lost money and they have tried to gain back their loses. And some have won with loss. Yes such scenario happened in few cases but if the person is an addict to gambling that then that money would be used again In gambling there are some time the gambler would like to invest the money but something that has enter into your blood, you can't leave out from it. And as I said in the Op, there is first timer winning in the gamble but that doesn't mean your are the best. So you better behave well.

Kinda true  ;D and if you know even tho we win It is just other people's money who lose the gamble and the cycle continues, until you escape the matrix and always win hahahah.

But overall my money doesn't comeback to me  ;D ;D it back to other people.

I agree with you, when we win, in my opinion not only does our money come back, but there is additional money from other gamblers who lost at that time.
And conversely, if we lose, the money we use to gamble will be received by the lucky gambler.
So from here I conclude that a cycle like this is what actually occurs in gambling profits. we lose money and we definitely receive money with winning results that cannot necessarily be predicted.

Mostly the house I would say.

Unless you are playing on games like poker with other gamblers. Still the house takes a cut from those games

I don't know about casino but in sport betting your winning can be more than your loses if you are a gambler that knows how to manage your finances when betting. Although you can't secure a win win always in gambling no matter how small you want your returns to be but you can still be at profit after winning if you manage your bet well.

Yeah and we actually stuck there and if you think is fun you might continue with stay in a budget or you can watch other people do gambling recent week I just watch peopled o gambling on kick


Yep I almost forgot this part the House is always win even tho he only gained 1% of what we winning but win is win. Even tho you play on Card game every game on gambling sites is take the cut bro unless there is some competition or event that rarely happen

Gamblers may almost feel trapped by the temptation of existing games because there may be reasons why they are trapped, one of which is greed, curiosity, perhaps the possibility that they are sure they can win the gambling game. the game is to keep him there while others are still there. curious about his friends there who have won, he might find out how he managed to win.
So here we can conclude for ourselves whether we belong to which group, maybe I think you are watching while finding out about the skills that every gambler has, right?

That's exactly what it is, unless you've won billions of dollars, any money that you've won over the course of your gambling career is just your money being returned to you by the casino or the gambling industry. It's like a vicious cycle that would quickly turn into parasitism the moment that you try to put some effort into changing your life and stop the gambling cycle of trying to chase the losses that you'll get the more of the more you gamble.

If you've got more wins overtime in your betting history then yes you're definitely winning more compared other gamblers and that your money isn't returned to you but that's not an easy thing to do, if you stick to the winning odds which is most of the time is really low and that doesn't net you any big profits, some odds are so low that you might even lose money even if the bet wins.

Definitely it looks profitable if you're imagining a gambler is correctly predict all the matches he bet, but if you try it by yourself, you will know the answer.

It's similar like someone want to open a small business and already make a calculations how much you could earn in a day, then calculate it to in a month. The thing is no one know how many people want to buy our products.

Sports betting is also full of uncertainty, a heavy underdog can beat a heavy favorite.

Yes, it's as simple as that, or what it means is that when you win it can mean that you get back the money you previously lost due to the defeat you experienced, and that means isn't it not a win but just a recovery? Of course I will say this unless the winnings are very large, which is equivalent or enough to cover your living expenses for several years perhaps.

But in my opinion, most gamblers are deceived by their winnings, they think and assume that their money has increased because they managed to win, but if you calculate it with what they have lost due to losses, the amount is usually the same or even much greater than the amount of their losses. even though at that time they managed to win. So this is gambling where you will not realize that the actual number of losses you lose is much greater than the wins, but in fact a gambler will be able to forget 10 losses just because he gets 1 win.

I think what OP is describing fits perfectly on some of my previous replies regarding the cycle of gambling.

In this cycle, a person would gamble more regardless if he wins or losses due to the nature of the emotions that are felt. For example, a person would most likely try to gamble again if they won just to see if they continued the streak; and a person would most likely gamble again if they lost in hopes of recovering such losses.

At the end of the day, the mindset of the gambler is what makes the difference as a whole- if they view gambling as a means of profiting, then they would most likely view any win as a sign of profit even if their records or history show otherwise; but if a person views gambling as a source of entertainment, then they have the most control over their emotions and expenses.

OP your only right if the win /loss ratio is on one side which is loses, not everyone has it hard on gambling, but your not entirely wrong  to see it that way, most people just throw money at gambling daily with the mentality of trying their luck and would end up losing money on a daily basis and when they have list up to a month and finally win would gubilate as tho they have won anything when they have been losing all this while.


Read the topic bro, it'd not crypto we are talking about, it's gambling.

Technically if you look at it well, you will see that that’s what gambling is just about, gambling is all about winning and losing, and most people are always losing than the way they win. So if you look at most gamblers, they are always at lost, if the amount won in gambling is sum up together, and it’s subtracted by the amount they have lost, then you will see that the amount lost is just more than the amount they have won, but just few people knows about this.

If you don’t gamble before and you decide to gamble and win in the first day, people like that will find it difficult to stop gamble, they are going to continue, and if they can continue, gambling site will end up taking their money back, because they are definitely going to lose. Losing is normal in gambling, and their is no way it can be avoided.

This is why I talked about managing your finance while betting. This is very important if you want to be on the winning side in gambling. Most times greediness make people to go beyond their plans during gambling. But if this can be overcome, then you are good to go.

I do believe that when we win in a casino, it is other people's losses, because the casino is a round business very well squared mathematically when things develop in the business, of course in the long term, the return on investment of the casino owners is better, this considering in part what the house advantage means, but in general terms I see that every time a player wins, it is because one or many players lose, it is something similar to what happens with the exchanges, the people who make money is the money that other traders lose, very rarely the money of the exchange is the one that is committed, this type of business is very good, that is why the exchanges, the casinos are always profitable Businesses , at the same time minus that is what I consider can still be taken as a big deal.

Maybe I'm wrong when there are some players who are whales, when they win many millions of dollars in a casino, I think that the casino has to assume that responsibility and that outflow of Money, however they must have very large money to cover this type of liabilities It is very Difficult for a casino to become decapitalized, because I have always believed that the people who have Extra money, that they have left over , are moving it Aound, looking for new Investments outside the area where they are Involved.

Whether it is really that our own money or other peoples money then it wont really be making a difference on which you would really be definitely lose in the end of the line and  this is something
the reality that you would really be needing to face on, on the time that you would really be hovering yourself into this gambling field on which this is something that you would really be needing to realize at first so that you wont really be finding yourself that too confident on playing gambling on which you would really be minding about on how to win.

Gambling should really be just that for fun and not something that you would really be needing to find yourself that too desperate on making profits because this is where shit things do start to happens.
Dont think about something like this as if you are really that serious on trying to find out on whats happening behind the curtains. You should be treating gambling
to be some sort of entertainment that you wont be thinking about on how frequent you would be able to win.

the addiction to gambling usually starts from Winning of the game and yes I agree with you that we almost feel trapped by the temptation of winning itself and it is not almost it is trapped in reality like we can't escape from it.
Sometimes the money you had lost will Returned to You and sometimes it gonna return to other people  ;D and like my previous post I think you gonna probably fine if you can control your emotion and stay with the budget.

In the gambling industry, every winner has a corresponding loser, and it's easy to become caught up in the cycle of chasing the next win. The psychology of gambling is complex and fascinating. There has been a lot of research towards the "gambler's fallacy," which is the tendency for people to feel that if they have lost a few times in a row, they are "due" for a win. Of course, the results of each bet are fully independent, thus this is not true! However, our brains often struggle to accept this.

But from my experience (having that Beginners luck) i have first have winnings mate , I remember having taste the biggest win in my entire gambling career before tasting complete losses eventually.
but sadly that amount that I come to win in the beginning turns I lose all and extending my losses to more than 50x of that amount up to now.

So I learn that gambling isn't really a place where to take money, instead this is the place where we are buying Happiness and Fun and not continues wins.

Correct, we are being used of gambling site as sauteing in our own Oil  ;D
for others to win , other gamblers must lose because gambling operator will not allow
us to take all their money in Hot wallets.
sad reality in gambling industry and this is why we are the bread and butter of gambling owners.

Yes, what you say is very true, when a gambler wins at a casino, that is the beginning of whether he will be addicted or not and that is where self-control is very necessary for gamblers who don't want to be addicted, but for indifferent gamblers, it's easy, they will soon be one of them. addicts because they underestimate self-control and are not careful with their winnings because it is possible that because of their careless nature they will reuse their winnings to gamble again.
Yes, for me and other gamblers, you have to control your emotions and limit your budget every time you gamble.

I have watched some videos on YouTube about a guy I think it was in Las Vegas about someone who is being invited by a casino and instantly is on VIPs because his completely winning every day, For sure there are some losses but he's winning is already millions as far as I remember so casino is doing this invites because they wanted this guy to lose all of his money on gambling but I guess he is just lucky at some point, I mean It was surely possible at some extent to be able to earn a huge amount on a gambling casino and not losing in a way, but for sure there are only a few people that able to be lucky to do this, I mean its possible that it doesnt mean that it is going to happen to every one of us, so its better to not let your hope high.

That is always going to be a thing in case you lose more that just means that you're getting your money back, the way I see it is if you're not winning or losing more than winning you should just stop gambling since there was nothing to gain, still it is going to be fine for sure as long as you are going to do it moderation and for entertainment purposes.

The reality is that VIPs are highly valued by casinos, because they pour an enormous amount of money into their bank.

Casinos keep giving these VIPs free meals, drinks, and anything else they need to keep betting in their casino because they know that in the end the VIPs will be paying for all the yachts of the executives of the casinos.

If anyone thinks otherwise, they simply have been captivated by the story casinos share.

Sometimes, first-time gamblers who have just started gambling usually win, even though it's not a big win, that's what I often see in my surroundings. So there is a friend of mine who has the idea that he will gamble at one casino and when he gets a big win he will change casinos because according to him, once that casino has given him a win then no more winnings will be given to him by that casino. and there are also those who stick with just one casino, often the gambling they do ends in defeat but they still stay at that casino, because they think it's like saving money. he believes that there will be a victory that can be obtained that can reverse all the losses that have occurred, I think that's ridiculous, but it's everyone's wish so it's fine. The point is, don't lose self-control when gambling.

as you have experienced, when we get a clear win it will change our thinking, it is possible that beginners will think that winning at gambling is easy to get, and with that win, beginners will gamble continuously to get wins, but in reality, they will end up losing. which will happen more often the more we gamble. It's true what you said, with incidents like that, we must be able to learn lessons, not do the same thing so that there are no greater losses.

It's simple maths really.

At the end of the day gambling has a negative expected return. That's pretty much it really.

You can paint it all over with fancy things, and make it fun, or whatever, but in terms of actual financial terms, you are expected to pay more than what you earn. Simple as that.

Your first ever win as a beginner will motivate you so much that you will begin to feel like gambling is the best thing that has ever happened to you  ;D until you begin to lose most of your subsequent games and by this time, quitting becomes difficult because you have once tasted the sweetness of gambling and would wish badly to have a taste of it again.

Anyone who wishes to be a gambler should have a full understanding of how gambling works because if they do, they will know when to stop. Losses are bound to occur in gambling, but if you don't know when to stop, you will lose more than you will ever gain from gambling. How else do casinos and other gambling companies make their monies if not from the losses of compulsive gamblers? The more you keep pushing, you enrich the casinos while only few bucks come back to you.

It's true, I think there are quite a lot of beginners who have recently gotten caught up in gambling just because at the beginning of their involvement they managed to achieve a win, which, as you said, is a big motivation for them and usually this situation can change their mindset and perspective. Their view on gambling is that there are some of them who even think that gambling can be used as a quick way to make a lot of money, even though in reality it is clear that the first win is nothing more than a temptation that will trap beginners into becoming more serious in gambling until they put in their money. hope and belief in victory, and also that it was actually a situation where they were just lucky and nothing more.

Furthermore, it is clear that in the next few sessions they will find that the results at the end of the session do not match the previous results where they succeeded in achieving victory, and I would say that this is the initial phase where they will chase losses because they are unable to accept defeat in the previous time. which in the end, of course, as we know, their thought patterns and beliefs will lead them to addiction. That's right, the key is always to be advised to first understand what gambling is, look at it from various angles and make considerations, know the bad possibilities and don't just look at the chances of winning because only based on the right understanding will you easily apply several Actions that are recommended include several restrictions that will protect and prevent you from bad possibilities such as addiction and its impacts.

No one in the gambling industry has ever been successful at winning all streaks without including a loss. My own experience in gambling is that i have encountered numerous loss than my winnings. Sometimes i feel that if it is same way with other gamblers why do they continue gambling irrespective of the number of losses they have had. These thought lingered within my heart for some days if i should quit or since i do not know there reasons i should also continue because it might be for a good cause. My conclusion is that i am will continue gambling patiently untill i get that big win that will make me quit completely.

Yea first win of every gambler make them feel that it is going to continue to be like that and for me it is normal for a novice to feel like that, when a gambler starts getting use to the system he understands that he was just deceived by his emotions, a gambler will only learn that losing a bet exiat if he finally lose his funds in the process, there is one thing that I know for sure and thats gambling being an addictive behaviour and for anyone to curtail this addiction, i think he should know how to go about this stuff called gambling as you said.
Many gamblers chase loss and that's why the can never stop gambling, many gambler has been a victim of this circumstance and at such this is the major reason why we see many addictive gamblers in the society, something very urgent is needed to be done about this particular mindset of gamblers.

The thing is that many gamblers have in their mind that "this time it will be different" and they continue to gamble.

Unfortunately they end up losing again most of the time of course, as that's what probability says.

The mind is such an interesting thing, it defies any kind of logic. It's good to understand its limitations and decide accordingly what's the best course of action to get a nice life.

I honestly understood nothing of what you said so let me just decipher this a little bit, you're talking about newbies who get their beginner's luck and think they can get away with everything on luck alone? I do not need further explanation telling these people that you won't get away with just that, and as a matter of fact this is a tactic that a lot of land-casinos do to reel in new customers. They'd think they are very lucky, or that they can game the casino's system or whatever, eventually they come back to the casino in hopes of getting that stroke of luck working its way into their pockets again, until they lose all their games and they end up more distraught than a guy who just got mugged. Classic roadside robbery by these casinos.

However, this shouldn't distract you from the fact that you're able to at least break even in most gambling situations, as long as you know how to discipline yourself and play your shit smartly. I have been playing on a limited bankroll with specific prerequisites to meet for 2 years now and I say you could count on your fingers just how many times I felt the need to resupply said bankroll. If you know how to play your money right, and that involves being more attentive and having the discipline to boot, you'd be able to sustainably breakeven on your bankroll.

Sometimes we desire easy wins, right? The truth is, its not a sustainable method to create money. The first triumph and rush are the hook. Its meant to make you think you've solved it, but the odds are against you. Casinos and betting sites didnt get rich by paying winners often.

I dont want to be negative; I just want clarity. Consider gambling entertainment and set a limit you're willing to lose. Dont believe you'll get rich immediately. Getting hooked and feeling frantic to win back losses are big red flags. Leave, obtain aid if needed. No shame in that; it indicates you're clever enough to prioritise your health.

Reality strikes that gambling is more on losses than wins. Although I have heard lots of stories who have been extra lucky and win big amounts, but after that, once they fall into the casino traps, those amount of winnings are slowly going back to the casino again. I guess this is how gambling casinos are designed, they will offer you beginner’s luck and let you win some amount until you end up gambling again and lose all what you have  won, except for those wise enough who have smartly cashout their winnings and invest into potential investments.

In general, gambling is here to entertain us while putting our funds at risk. And if we are not cautious enough, we will end up poorer and poorer while seeing these casinos getting richer every time.

What is there that is very difficult for you to understand. It was just a simple explanation that nobody in the history of gambling has a win win without any loss and if para venture or by chance the gambler wins, he will still use the money to play gamble and lose than again so what is there that is difficult to understand. By the way I have done some of the omissions in the op. You can go and reread it again. And as I said, first time winners are just for luck and with that excitement they will think that they will win again and from there they would used that wins to gamble again and lose all.

The thing is that you will always hear stories about the people winning in the casino.

But, you will probably never hear about the people losing all their money, either the gambler just forgets about it, or they do not talk about it.

The thing is that you will always hear stories about the people winning in the casino.

But, you will probably never hear about the people losing all their money, either the gambler just forgets about it, or they do not talk about it.
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Yes because in gambling, there will always be winners apart from the losers and those winners are sometimes not the same as the previous one you saw, so we should not get jealous about them because next time we will now be on that position and they are now the ones on ours but of course as long as we don't stop playing.

The best therapy for a loss is to try and forget about it, so yeah you are right about that losing part and also the other one. A lose is negative and it can only affect us negatively too or the other people that will know it, so it's not worthy to talk about it. Common sense is only needed here for us to know the truth about gambling.

Some people become addicted to gambling just because of their first win, even when they start losing, they will always have hope that they will win back all the amount they have lost, so they will never give up since they have won before, some will end up increasing the amount they are using to gamble. but gambling doesn’t work like that, if you are losing continuously, then it’s just better you stop gambling for that moment, try to discover why you are losing, and what can be don to reduce your loss.

Most gamblers don’t really know when to stop gambling, that’s why they do end losing massively, gambling is not what you should continue doing even when you are losing, if you are gambling and losing, just take a break for that moment, and come back another day, don’t be too desperate to win. If gamblers are losing, then it’s favoring the casino owners, so if you are addicted to gambling and you are losing unnecessarily, then the casino owners are the ones benefiting.

I believe there is a theory that's also attached to this particular experience of yours which is the theory about the casino actually being the one's setting trap for the gamblers with that first massive win although it's hair a theory but almost everyone I know that won big on theor first trial always have this same story to tell about actually loosing all out to the casino in amount that's way above the actual amount they started with.

Every gamblers have their own say or let's say first experience with gamble, some gamblers didn't win on their first try and that's what makes them to gamble more so they can take back their loses. But there are some gamblers that win high amount of money and that's what also makes them to gambe more because they have experienced something that's somehow easy to them. But along the line they have gambled they will know that gamble is not a place to either chase loses or make money. However different gamblers with different perspectives, as some have known gamble to be a thing of fun and entertainments, there are also more gamblers who thinks it's a game of making more money and those sets of gamblers are the ones that chase their loses.

Since crypto casino are provably fair, nobody has ever proved they could or were cheating on their customers to make them lose more often after they pass the beginners' stage. So, that is just a hypothesis, without further evidences to prove its point. I think it's just the nature of gambling games determined by an important factor, which is house edge. On short run (that is the period of time beginners make profit) it's likely gamblers make decent profit against the house, but the more they play, less likely it's going to remain the same, because inevitably the house edge will make total difference on outcomes, as it adds a slight advantage of 1%-2% for the casino. The percentage varies accordingly to the respective casino you are playing.

I suppose that is why we have the 'beginners' luck' phenomenon!

There is nothing better than when you know the casino and Start winning and being able to withdraw without problems, I was that lucky, but I was just lucky that once I started winning a lot of money on freebitco.in, I managed to withdraw and buy some things, so I Wanted I played masses using the same logic and I lost 1mBTC which was what was requested at that time, then from there I added another 1mBTC, but that was when I started playing other things, and then I realized that the game and its games were to be careful and make very good plays so that we can do things well , Otherwise things can go very wrong, I have Always played, but since then I have had a big loss because things have changed in the way I play, in how I see the game. money and how I can face the casino and its games, as one matures and sees the casino in a different way, one must play in a Safer way.

Yeah, one of the first things I like to do when I'm dealing with a new system in general is to test the whole pipeline.

That is, checking that I can put money in, and withdraw money. Check how long it takes, any fees, minimums, etc.

I do this in the beginning before investing too much time because I want to know that I can take my money out at some point.

From my own experience and people’s stories shared I believe that most of us as gamblers lost more money than what we ever won, either in the long run or short term losing big then deciding to go on moderate gambling. For me, my first days in gambling were lucky enough to win a bit and thought I am luck, or never going to be an addict, unfortunately few months later without realizing that, I was losing most of my income to BlackJack and when tricked me is the small profit I get. For instance, two weeks of losing my whole deposit and one week of winning only 50% of my initial deposit that felt like doing good while it wasn’t the case at all.

Basically, if you are playing games that are purely based in luck and that the casino create themselves with algorithms for you to not win in long term, there’s noway you will ever make any profit in long term. However, some people are skilled in sport betting or Poker they have better chance to make some profits and win in long term but not as much as others lose, which means the casinos will always keep winning and taking money from gamblers and everyone knows that.

There are some new gamblers who want to win at the beginning and keep betting because of that excitement. There are also some gamblers who place bets to recover their losses after a loss. But apart from these two categories of people there are some gamblers who place bets to win more. Their aim is to make big money from gambling. But when they lose money instead of making money, they become addicted to it. Gambling win or lose if a gambler does not consider it a source of income then gambling is not a problem. A gambler can be worthwhile if gambling is enjoyed and not as a source of income.

It doesn't matter which game you choose for gambling, the odds of house winning your money is always greater then odds of gambler winning the house money. As a gambler the sooner you understand this fact better it is for you.
There are temptive games in gambling that do not require any mind workout (rolling a dice) and gamblers prefer that games to get rich quickly but they end up losing there money since these games are for the benefit of house. There are games that require mind work out (poker) and gambler have more chances of winning if he fully utilises his mind.

Some gamble as a hobby, while others do so as a desperate move when money is tight. However, your approach alters everything. Winners, serious players, know it's about defeating the odds, not the house but about self-control

Consider that pursuing a paycheck is losing. More likely to spiral. It reaches deep inside our brains. However, staying in the game psychologically and financially is a different story. Enjoy the ride. Don't expect to survive off Monopoly. The same idea applies. Responsible gambling is smart, not dull. Play for thrills and fun, but know what's at stake

Might be true for me and you, but not exactly true for everyone in general, I have a guy here in my area who is a full time gambler, and what I mean by full time gambler is that, he has no other source of income aside from gambling and doing sports betting, many a times, many of us have adviced him to consider starting a business and putting someone to make sells for him if he can't stay there to manage the business, he completely refused stating that he was already making more than enough from gambling and will continue with it, I personally can attest to the fact that the dude is actually in the green zone if we try to look at his winning and losing ratio, he is just one dude whom I've seen that is super lucky with gambling games, most especially with slot games.

And there are many like him out there that we don't know, it's true that the majority of gamblers are in the red zone when we look at their win and loss ratio, this simply means that, they are losing way more than they are winning, but then, we can't Because of this deny or refuse to believe that there are actually people out there who are beating the house by a great margin.

I believe that who ever wins in their first gamble game, was lucky at that moment, and was able to gamble on the right time of his luck. There is nothing attached to it. We know that gambling is more of luck than anything.

When I started gambling, my first game was in a traditional casino, and it was a  game I love most and can play very well, so winning was cool and fun to me. Later on, I started losing and that was when I understood that it was not because I am very skilled in the game but I only need luck to win.

There are some people who think or say that a beginner in gambling will usually always be greeted by victory in the first session they do, but honestly I'm not sure about that, because after all gambling is still gambling, casinos never make anything (except luck) as a guarantee that someone including beginners will succeed in winning in their initial gambling session, In the end, it remains as you said that the victory that was achieved by beginners at the beginning of their gambling session was actually nothing more than a very lucky situation, or meaning that luck came at the right time and I am sure that there are some other beginners who have lost in their initial gambling session.

On the other hand what we must understand as gamblers especially beginners is that we must really understand that you will only be able to win when you are lucky, as you experienced in your gambling experience where you managed to win at the beginning of the involvement in gambling, I'm sure it was a pleasant situation but in the end you found out that the next session ended in defeat, which means that the casino does not make anything as a guarantee that you will win at the end of the session, it is still only luck that can ensure, while the name of luck is always unpredictable and this is the reason why all gamblers are always advised to gamble in moderation and put a budget that they can afford.

Its only when we are more being focused on winning and earning through the money we see from gambling, we shouldn't for any reason think of gambling as a means of income, never should we grow with the mentality of the money we are using to gamble will one day be returned to us once we win a jackpot, this is a wrong mentality, we should be gambling for fun, forget about the money spent on it, the losses made or the potential future earnings we are having targets on, we may never realized recovering back our money, while we must have lost much more than expected except we clear our minds not to chase after loose.

Most times it all depends just as you already said there are people who had made life changing winning and refused to go back to gambling instead they uses that money to settle themselves financially, I mean to have other business that would be giving them a regular income instead of going back to gambling again they used that amount to established themselves by opening business here and there and today they have never step back their feet to gambling house or even visit any casino for place bet or gamble anymore.

Now to op, have those people giving back the casino their money?

No, because there are people who are not addictive gambler who so much believe to make a particular winning from gambling site before they could stop gambling, naturally as we are today there are people who is only looking for single opportunity to betterment their lives and leave whatever naughty lives they were living before.

Most of the gamblers won't even remember if they are in overall profit and loss. Usually, when gamblers are winning, they do not calculate the winning amount but as soon as they lose, they start to calculate their losses and even try to overcome the losses. This is a strange behavior from most of the new gamblers and they lose more money when they chase losses.

If anyone gambles that he or she will never lose or he can always recover the loss, then he is gambling with the wrong mindset. No gambler in the world only wins. The best approach is to gamble with extra money and think that if that money is lost, the gambler won't regret it and also not try to gamble more to recover the losses.

If someone considers gambling as their source of income and gambles constantly, they will find that the source of income will cause more losses than gains. Gambling is a thing that sometimes depends on luck and not even on . You gamble once and win money, then you lose twice as much money after betting twice to win twice. Gambling can never bring happiness or prosperity to someone's life. Like a deadly cancer, cancer destroys people's lives and gambling destroys people's bright future little by little. So this kind of gambling is not good for anyone, one should refrain from gambling considering the family and oneself.

But even so I'm sure they have more losses than gains. When they get a win they only see the number of numbers they get, but they don't think the number of numbers they get can cover their losses or not, but I'm sure it can't cover all the losses that have occurred. It's true what you said that when they lose there is bad behavior such as wanting to overcome the losses that occur and with that they do actions that are not supposed to be like chasing losses.
Gamblers who lose and have thoughts of recovering their losses, in my opinion, can actually experience more losses than wins, so those who have thoughts of wanting or believing they can recover the losses incurred tend not to be able to control themselves so that the end result is disappointment that will only make them continue to think they can recover losses and like that they are trapped by their own thoughts.

It's obvious that it's the thing that most people will talk about when you win in gambling because most of the time it's losses that you'll experience when you're gambling and if you calculate the odds, it's always against you so that's the absolute opinion in regards to that kind of thing. Now I'm not saying that you can't win without upsetting your total losses or getting more than your total losses but the problem is that the bigger the prize money is, the more that the odds are stacked against you and the more the money that you'll have to risk to be able to win that kind of money.

I think this is the reason why your wins are not your wins at all until it was on your bank account. Because unless you withdraw it, then  its still a money at risk. And you will never know if your account is in profit / loss/ or breakeven until you analyze your transaction history. Because along with all those wins and losses there's also transaction fees.

Which means that your wins should not only cover your losses but also the fees involve.

It is unclear what exactly the author of the start post is writing about. The gambling industry is very large and the games of chance are very different. There are games in which randomness is absolute and it is impossible to win in the long term. A classic example is casino roulette or games like Dice. Regarding poker or sports betting. In fact, long-term profitable players in sports betting do exist. But of course there are very few of them. I would say there are less than 1%. Some of them are well known, like Bob Voulgaris, while others hide from the public, preferring to keep their winnings secret.

The thing is that with probabilities you will always have a few people that win big. That's just how probabilities work.

In the same way that a person can win the lotto, even though the odds are tiny.

If you ask the people that have won, they will all come back with a story about why they won, that's human nature. We create a story to explain what happens to us.

In reality, it's just chance.

It seems I agree with you that if we are not receive our win money in our bank account, that means we aren't really wins. That money will still in our account gambling and that could makes us used that money to playing gambling instead withdraw the money. That can gives us risks to lose that win money that we gets if we can't control ourselves after that wins.

When you already lose in gambling and you playing gambling in the other days, you actually have a risk to lose that money while you can't easily recovers your lost money before. So that means what you win was part of your loss because we will difficult to wins all of our money that we used to playing gambling since beginning. We must understand that playing gambling have a risks and we will difficult to gets our money back.

considering that the chance of losing is greater than the chance of winning, it is clear in my opinion that gambling can put them in a detrimental circle. loss or loss of money in gambling has become something that is bound to happen, even though there is gambling that requires us to have skills to be able to play it, this does not mean that it can cover the losses that will definitely occur. Also, it is true that losses in gambling are what many gamblers will experience more often. Now, for example, if one person gambles a day, it can be up to 10 times, but I am sure that with 10 times more gambling, more gambling will end in defeat, right? with victory.

When you get a win, it can clearly make gamblers interested in doing excessive things, such as continuing to gamble even though they have succeeded in getting a win. With gambling that involves money, of course winning is the goal of many gamblers, so even though they have won, there are gamblers who don't. satisfied with the victory they have obtained, because the involvement of money in gambling makes them want to get more than what they have already obtained.

True, usually the scenario will be more often experienced by gamblers who have the intention and purpose to earn in gambling, as you said that they are too focused on winning so this mindset makes them overlook that in fact it is the amount of money they have lost before that is returned by the casino, but still in the end it is really difficult and rarely a gambler can come out with a recovery or even a profit, because after all as we know that the percentage of losses in gambling is much greater than wins.

But the unfortunate fact is that most gamblers are too focused on winning that usually 10 defeats can be treated with one win even though the amount of winnings cannot cover the amount of loss from several defeats they have experienced before, I don't know the exact reason but certainly when we are too focused on winning then when we win instead of cashing out the winnings as an amount to restore something that has been lost before but they instead continue because they feel that it is an opportunity that must be utilized which ultimately ends in disappointment.

Only if gamblers can understand that it is impossible for them to win back what they have lost to the casino, that is why they will stop chasing their losses, and they will be satisfied with their little win, in order for them to cash it out, and enjoy their wins by going out to have fun or buy something that they will use to remember that they won some money in gambling. But the greed and lack of contentment makes them not to be satisfied with little wins, and will continue playing to see if they can win more, and loss it all.

Yeah, this is really true.

It's all designed to be like that really.

It's all fun and games while playing, but withdrawing the money is boring, like sobering up kind of feeling. Most people would like to continue the fun party and keep pressing buttons or gambling until they are basically empty handed.

Similar to eating problems, many people can't stop eating say a bag of chips until they are all gone.

Yes, the same scenario as being unsatisfied with how much winning they have. They will continue to gamble as much as they feel they can win more. Especially that the more winnings they have, the greedier they've become and stay to gamble until they no longer have money. Instead of enjoying the amount of current winnings they have, they think of wanting more winnings, such a common big mistake of most gamblers.

It is unlikely that they will quit gambling such as by chasing losses, in my opinion it will only happen to gamblers who are indeed wise, whether it is from their thinking or from their actions. But for those who gamble with the aim of earning money of course what they are likely to do when they lose in gambling is to chase losses. It is true that you say it is also impossible to win back what you have lost in gambling, although there is luck that might make them get a win, but it is very unlikely that they can get a win let alone the victory can cover all the losses and losses they have experienced.
If you have already won then we must act smart by cashing out the winnings that have been obtained, of course, this action is an action that must be taken by cashing out the winnings that have been obtained, then they can go to enjoy the results of the winnings that have been obtained.

Yes, that's true, but in the end it is clear that they will end up with a million regrets because no matter how greedy they are in gambling, it will never work, and what will happen is that they will only lose the amount of money they won.
won before. I understand that everyone needs money but we also have to be able to respond or respond to things with a healthy and rational mindset, this is gambling where the final session will always be about winning or losing, meaning when you return to continue the session with a greater amount of risk in order to pursue a much bigger win, it is very possible for you to end up losing.

On the other hand, I am not saying that you cannot win according to your wishes, but what is certain is that you have to reconsider yourself regarding this decision and make sure that whatever happens, you have to agree with yourself to take responsibility for the results, especially when the results turn out to be at the end of the session. not according to what you expected. So actually, in my opinion, this is an option, if for example you are not ready to lose all the winnings you have earned then it is clearly better to withdraw immediately, but if for example you are very curious and want to go back to look for bigger wins then you must be able to take responsibility for whatever the results are. , but I think overall it is very unlikely that they will be able to take responsibility for their decisions.

I see this thread now and I have to say that the title is only partially true. The vast majority of the time when you win you are getting back some of what you spent but you don't get it all back. You can see with an example on the following site, which is a lottery simulator but you can get an idea that it is the same with casino games:

https://www.cuandomevaatocar.com/en/

A very interesting question. I don't think there are accurate statistics regarding this. From my understanding, I will say that if people won more than they lost, then casinos, bookmakers and slot machines, etc. would not exist. There would be no point in this. That is, from here it becomes obvious that people lose more money than they win, this is evidenced by new bookmakers that are growing like mushrooms after rain.
Regarding the fact that there are people who earned more during their gaming career than they lost. There are probably such people. But I think that there are fewer such people than people who remain and will remain financial losers

it is not impossible to win your money back from the casino, because if it were not possible then there would not be many gamblers who would bet again when they lost. it's just that the possibility of winning your money back from the casino is quite low, so when a gambler wants to win their money back when they lose, then they have to be prepared to accept the risk that more of their money will be lost, because the possibility is quite low, but that doesn't mean impossible.

I remembered that if I were a novice gambler in the field of crypto, on my first day I would have immediately experienced the luck of winning gambling. And of course, I was very happy because I won 65 dollars. And I immediately hated that, and then I immediately took out my winning price.

And maybe because of my win, that's the reason why I somehow keep going back and forth playing gambling, even though in my mind it's just for fun. The intention still can't be removed from my mind, no matter how much I hope I win.

and that's gambling, they have a strong attraction for every gambler to come back to play even though they know they have lost quite a lot, even bigger than the winnings they have ever made.
Gamblers will not continue to lose, there are times when luck will come to you with a pleasant win. but you may have got your money back that you have spent in gambling before. but in more cases, gamblers will return in the hope of winning again.

Yes but as we know that most gamblers do not understand that, they do not really understand that gambling will always be about winning and losing so when they apply greed by continuing the game with the aim of returning something that has been lost or any reason then obviously the possibility of losing will continue to lurk. On the other hand, this is also one of the reasons why we are always advised to only put a small budget amount or an amount that we can afford when we lose, none other than because with this approach it is less likely for you to feel emotional or unhappy with the results and also this way can prevent you from the possibility of actions and thoughts of returning something that has been lost.

In my opinion, the main thing that must be corrected is the understanding of gambling, do not let you focus too much on winning because actually winning is just something that tempts gamblers so that they can act excessively which in the end the result turns out to be losing and this is an algorithm implemented by casinos to make gamblers lose consciousness and act excessively which in the end will only benefit the casino more.

Making an effort to win back the money you have lost is usually a bad idea because the emotions always accompany later games and you know what happen when someone is pain and try to build something, the end is always bad. However, a gambler who is good can make back that money from casino without stress because when he is going to win money from casino, he is going to do it in many double folds.

When you lost don't complain, just accept that you have lost money like other people. If you are good and consistent, you will win back the casino or the gambling platform on basis of skills and understanding gambling, if you don't have the skills, I'm sorry to say that you will only be losing to casino frequently.

What you say, in my opinion, is true, no matter how big a win we get, it's actually not a real win. I don't mean it's from the casino which gives us generous wins even though it's a loss that we've been playing gambling in casinos for and most people are comfortable with one casino he will continue to play at that casino. So he will get a reward as long as he plays gambling continuously when in fact it only attracts us to continue gambling and thinking that one day we will win a large amount even though this is clearly just an impossible dream happens we will not be able to beat the casino no matter what.

Indeed, there are some people who have never played gambling before, they win bets accidentally and this can be said to be lucky because it is rare for beginners to win gambling at the beginning if they don't have any experience, especially if they are just careless in gambling. But be careful, sometimes it's just a trap in order for a beginner to continue gambling, the casino knows that the person is a beginner and therefore dares to give him winnings at the start to lure him into spending more money to continue gambling on the site.

It doesn't happen to every gambler, not every gambler manages to get enough wins to recover everything they have ever lost in gambling. If that were happening to every gambler, the casinos would go bankrupt because they would be returning all the money to the gamblers, but this only happens to a few lucky gamblers where they manage to get enough wins to get everything back or maybe get more than what they have lost so far.

So, I don't recommend anyone getting into gambling thinking that they will some day recover everything they have lost if they keep gambling because this thought will keep motivating you to gamble more even when you are constantly losing and that isn't something good because the money is not recoverable.

All I can say, that even if wins are return of money that were lost, that is also good, as you get fun, emotions and service for free. That aint bad at all. All gambler has to do is to find a a proper balance between amount being able to lose and the moment when fun change into chasing losses.

Yeah, at least the bare minimum the time is lost.

So, even if the gambler actually get their money back they will still lose something.

On the other hand they do might end up winning in terms of entertainment, which of course cannot be simply ignored.

I have already posted many times that I consider making deposit on gambling as spending money. We dont regret spending money on other entertainment stuff, like going to cinemas for example. Suppose you have watched the movie, and when you leave audience, you get refunded the money you have spent on snacks and ticket. If we talk about, time, then we are losing it all the time. I dont want to go into philosophical debates about time.

It's not a one day winning that all your money will be returned to you, in gambling losses occurs more then winning so you can't tell me that you won a day and all your losses was returned. The more you win the more higher you double up your stakes, and for me i see gambling on the other side as an investment one lucky winning can occur at any moment that'll change your life for good.

And to be honest their are people who got one winning in gambling and recovered all their loss in gambling, for me that winning wasn't their return back money or the losses they have been getting since they've started gambling. That was the highest amount that the person have received so far ever since he/she started gambling. The winner you got in return it's just for you to bring your mind set in to gambling with more deep ways of it.

But I'm not doubting that gambling wins your money wasn't returned to you. But did you calculate from the first day you started gambling and the amount you've been staking with all the lose that have occurred to you, for the first timers that got lucky in winning on the first day they started gambling that wasn't a return.

 It's a welcome onboard compensation to show that here it's a game of risk and luck, so that with that your first winning you'll have the mindset and believing that if you double up your money and stake you get more than what you just got in returned.

Their are people who do win every day of their life's, in each game that they plays was that an returned back money or the luck ones. Okay let me use myself for an example. I started gambling when I was in my teenage years but ever since I started gambling I've been doubling high amounts but I haven't receive higher amount like I stakes.

I tried changing strategies and improve myself in gambling predictions still I don't got higher winning. But most of my colleges at work I think they've gotten enough so far. It's all about luck and risk and it's only when your betting stakes are higher amount that's only when you can enjoy a nice return back money.

That's gambling for you, it is just a thing of give and take that is why people needs to have understanding not to take gambling serious and to invest with a amount that you can afford to lose. This is the understanding people need to know about gambling because when their is a good understanding like about gambling people won't be doing crazy things just to play gambling to generate money from it.

Their is no free money in gambling,  the money gotten from bet is either money that has been lost in gambling and if someone that is new gambling plays for the first time and win, as far as the person is a gambling lover the person will also give back the money to gambling by losing it back again.

Most gamblers do not have the habit of recording their playing history, so they cannot know how they actually won or lost. Moreover, maybe they only play for a certain period of time, they lose and then leave and then come back to play again after a while. Considering gambling as a pastime and entertainment is also a part of why most players lose more than they win.

They do not have the habit of managing capital when playing in such an entertaining way. Today they may win a big game, and they think they have won in gambling, but in fact they have lost a lot before, and in the end they are still losing, not winning. The temporary feeling of winning or losing can make you forget the previous results. Time can make them forget how the casino took their money, and they continue playing as if they had never lost money before.

all you said is correct because gambling only becomes an issue if you try to lose the money that you cannot afford to rrisk but because of your greediness then you come to happen.
because before you even enter gambling site you knew that there is a small chance of you winning as it happened many times before not even when once or couple oftimes you manage to win .

It becomes a problem when a person pays more than what they are prepared to pay.

It doesn't matter if they are poor or rich, at the end of the day it only matters how much you put in there.

People do not investigate the gambling site and when they enter into that site they lose a major part of their money but still they gamble because they are examining their fate.
There are also some people who are winning little from gambling but they are not satisfied with such a small amount and they put a huge sum at once in a desire to win all previous lost money but the situations are not cooperating with them so this huge sum becomes a cause of their huge failure.

At the start gamblers are very responsible but when they lose a huge amount then they don't think about the future, money affordability and daily uses but they want to gamble to fulfil their needs and recover their money.

Yeah, it is quite an irrational mindset really...

Many gamblers try to recover their lost funds with the same mechanism that made them lose their money in the first place.

It doesn't really make too much sense.

If you understand the op very well, then you will understand that I didn't say you will win all your loss back again. Example if I loss $1,000 or above and probably I win $100 after some days, that is I still win part of my loss so whenever I win, when I have loss enough, it is my first loss i am winning back therefore I have not win new funds to my wallet or pocket. Some people gamble everyday and sometimes gamble with their properties and when luck shine on them, they might hit the jackpot of $10,000 and what they have loss is more than that amount. So with this they still win their loss. And that is why some people are saying that gambling is 50/50. You might lose or win. The thread is a fact to real gambling. I read the article in the link. Gambling is luck. And that is why we all try our luck to win the jackpot one day.

I don't seem to understand you. Are you by any means saying that if a gambler looses, the right thing to do is to change strategy? You believe there is a method that will guarantee winning all the time? If your answers to these questions are affirmative, then your approach to gambling is totally different from mine.

There is no method that will not involve loss so what the gambler is interested in is a method that gives minimal losses such that the wins outweigh the losses. In other words, any strategy that gives the gambler edge in the long run should be the ultimate focus rather than looking for a perfect method where there is no losses. Personally I'm comfortable with any strategy that has a 50% win rate when the multiplier is at least x3. This way, I can lose 5 times out of 10 and still be in good profit.

Do you do this yourself?
I think with those who gamble for entertainment purposes it is unlikely that they will do that, I myself don't do that, because I don't gamble too excessively, where if I get a win then I will cash it in and go to enjoy it, if it's gambling what I do ends in defeat so I will stop and leave to avoid bigger losses, actually gambling is simple, don't think about the results that happen, just accept it and do your best. because I'm sure everyone knows what the best action to take when gambling is.

On the other hand, there are many people who gamble for entertainment, I'm sure this is true if they don't really care about the results, but if they gamble with the aim of entertainment but they gamble again after experiencing a loss, that doesn't mean the aim is entertainment. , but rather the pursuit of victory. Apart from that, there are people who think that the more you lose, the bigger the wins you can get later, I think that's a ridiculous idea. because there is no guarantee of that, let alone a big win, even with a small win there is no guarantee for sure. and it is true that winnings at gambling will not be able to cover all the losses that have occurred, if you count the number of bets that have been made, there are more losses, but there is no point in thinking about that.

In fact, winning in gambling is small return for losses that have previously been obtained, even winning can be bad start to losing streak that will be experienced in the coming days, these will always alternate and go hand in hand.
Recovering loss is simply an attempt to lose much larger amount and the small return of existing winnings will never be worth what have lost, but very few gamblers understand this.
When they can be responsible and really understand and study gambling algorithms, they can find all these truths, it's just that it will be very difficult to understand and learn them when the mindset is filled with ambition and emotions to achieve victory.

Gamblers will continue to make mistakes over and over again without any effort to learn and be able to make the right decisions, they will only care about winning without thinking about the risks of each decision they make.
This is one of the reasons why many people state that gambling is not place to make money or place to use it as source of income.

Yeah, gambling is highly addictive, and very entertaining to some people.

The thing is that you need to be careful with it, otherwise it is so easy to spend all your money in it.

The casinos know this, and they will try to keep you there as much as they can.

Right , it doesn't matter if rich or poor but it is on how we are dealing with our risks and expenses because losing important money just to gamble is one of the biggest mistakes any human can ever had.
I will never do such a thing specially now that I already knew what gambling can turn me if continued risking more.

It's difficult to wins our lose back because that can add more losses to us without we realizes. Many people already did that without thinks or calculate how much they lose because their minds still tells them to gets their lose money. If you can wins, that wins is part of your losses so you needs to wins many times to fully recovers but that will be difficult as gambling will not gives you wins easily. We just gets more losses if we keeps playing gambling, even with more money but if they can aware about the lose that can increase, they will not risks their money to playing gambling. They will only use the money they can afford and always limits their gambling activity so they can prevents their lose. Yes, gambling is luck so if we don't have luck, we can't wins in gambling.

In some ways I agree with you, but there are gamblers who have managed to win more than lost in the casino and their best solution to this whole story is that after a big win they completely stop gambling. Yes, such people are not so many and it is possible that they will return to gambling after some time, but as long as there is a chance to break the big score people will play gambling, even realizing that the casino in the long run has an advantage over the gambler.

therefore we must be able to look at ourselves by thinking about how much money we are willing to lose in gambling. Most of the gamblers who experienced big losses were because they could not accept that the money they had bet on was lost or in other words they experienced defeat, because they could not accept the losses that occurred, they gambled again to be able to get the money they had lost gambling, but instead -Instead of wanting to get the money they have lost, they end up losing even more money.

What you say is correct, the chance of winning is small, considering that gambling is a business where there is a host behind the many games and they are the ones who will win more often, with us being just players we won't be able to win easily just like that. , because if it's like that, gambling will certainly go bankrupt.

Generally in gambling, of course the ratio of losses will be greater than wins, so it is not surprising that we more often see gamblers who come out losing.
In fact, many gamblers realize that the occasional winnings they make are only a small fraction of the money we lose when we lose. To be honest, sometimes I feel surprised when I see friends from my circle who are very enthusiastic and want to continue betting after getting a small win even though they know that the winnings they get are nothing compared to the losses while involved in gambling.

It is not as if this is some kind of secret or anything like that, we know this is the case and anyone that does not is just closing their eyes to the truth, for any regular gambler losing more than what they earn back is just the way things are, since casinos are a business and they to need to earn some profits to keep the operation going, and the only ones that can profit from gambling are professional gamblers and lucky gamblers that happen to hit a jackpot or get a similar big win.

As I said, everything will always come back to the individual gambler in their attitude, approach and mindset in making every gambling decision.
Those who are responsible and truly on the right track will not be addicted to gambling because they know what to do to minimize all these impacts.

Yes, caution should always be prioritized and of course those who are careful will be able to look after themselves, managing time and money is also an important thing that should not be forgotten.
Someone who has responsible attitude towards their life can definitely have good management of their time and money when they are in gambling.
We as gamblers can only look after ourselves and the money we use, they casinos are just in business and trying to make money, our algorithm as real gamblers is just spending there money.