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A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,

But he insisted that before the money he won will finish he will win more, so since he refuted my advice, then I let he go to do his wish, after one week time, he came to me and started blaming himself for misusing the money he won on gambling,

So from your own perspective, what do you think is among disadvantages of gambling with what you have?

I see that thing more as disadvantage for people which is greed. If someone make money from somewhere and think he can make more money from the thing, he will keep doing that thing. But gambling is not like that but a means to lose money. He has learn his lesson and I think he may not be greedy again.

I think you posted this on the wrong board; this should be on the gambling board and not the service board.

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If a gambler thinks they are going to multiply what they have won before they can invest in business, they are the type of gamblers that the industry is looking for because they will always be given back to the industry what they thought they had taken from the system.

In my perspective, if there is any significant winning, the first thing to be done is to put a large amount of that money to good use instead of using it to chase more winning, as the chance of losing it is higher than the chance of multiplying it.

Edit: post moved to gambling board…..

Some people doesn't know, that when you're pursuing wining in the gambling, you're like someone who is pursuing losses, because the percentage of someone to lose in the gambling is not equivalent to someone to win, wining is very slim losing in the gambling is quite assured,  so when we win in gambling, what needed to do is to win is to invest for something that you're sure that will yield positively in future.

I think the most obvious disadvantage of gambling is that you are going to lose money, no matter what. You will not win every time you play, sooner or later your luck will run out. He is positive though, you can admit to that, nevertheless it's the unknown that makes gambling very dangerous if we treat like a job.

And then others like it could affect us mentally, for me, when I lost big money, there will be times that I regret my decision that I should have used that money in other things and purposes. Worst is that you become a gambling addict, and then relationships got destroyed, you financially ruined yourself, and worst you could have done crimes like stealing just to fuel your gambling.

Is obvious that Greediness is one of the biggest disadvantage of gambling because it can lead to so many things which is going beyond your gambling budgets. let's take for instance you have $2 in your budget that's the money you intend to gamble with, but at some point you can decide to increase your gambling budget to $10 or even more as the case may be. Sometimes it could be due to the source that the game came from, most people can think that is from a very reliable source so at this point they have full confident over the game which is why they will go extra mind in their staking. because they have been convinced that the game is sure, so most gamblers will want to utilize the opportunity by going beyond thier gambling budget so that the outcome is going to be massive, without knowing that gambling is just a game of luck.

One of the disadvantages of constant gambling is that it's going to make you greedy... just like what you talked about the person who won and planned to stake back the money he won to get more money...This is just greed and if you don't learn how to control this habit it will.. another disadvantage of gambling is dependency, when they get addicted and obsessed they start doing a whole lot of other stuff like drugs and alcohol... Gambling can be destructive only if you allow it.. don't let it affect you negatively.

Any gamblers knows that the chances of losing in gambling is of higher ratios than the chances of winning, so whoever that gambles knows such theory or principles, what I want us to outline is most important things we think is the advantages of gambling, because I can see that when people is discouraging people not partake in gambling, they have numerous things they mention to conden gambling, what are those things, that is unknown to gamblers that make not to feel reluctant on gambling.

There is no new story when we see threads like this about someone winning money and then given advice to secure the profit or the bankroll and yet, they never listened until they lost everything.

The disadvantage is when we become emotional. We're too confident when we've won some money and not securing some, this makes us lose all of it when we're not careful at all and that's why it's best for those gamblers to experience the brutality of gambling when they are so full of themselves.

Human nature of greed, that's why everyone losing their money into gambling. It's not enough that we won money already. We will comeback and try to win more. So that is the very heart of it, people are not contented.

There is unrealistic expectations for most of us. Even I will admit to this, that once I hit, it will solved my financial problems. But it's not, it will just make it worse as you might start to borrow money from banks and individuals with huge interest.

It's hard to make someone to believe what we believed because we all are different people. What am trying to say is that the gambler will not believe what you said because he thinks that he will win more if he continue to gamble. Another thing is that if the money he won is big he will probably think that before he will gamble all the money, he will win another one (maybe bigger than the amount he won earlier). This kind of gambler will do anything you continue gambling because they have won bigger amount before, and they believe they will win another one if they continue to gamble.

The person is stubborn because he believes in doubling the money in gambling again --- this is like a severe addiction and in the end will regret blaming himself by saying “I failed to take your advice” Yeah people like this will realize after losing all.

I do feel the loss, but if you have won a large amount then you have to enjoy it, whether it's in investment or spending on yourself it doesn't matter as long as you enjoy it.

Well, most gamblers have such kind of experience at one point and they will learn their lessons along the way. We can't expect every gambler to be disciplined even at the start. Usually, they will realize their lessons later on once they experienced heavy losses, and promised themselves to be more cautious afterwards.
If we will really look at the negative side of gambling, it will be a long list especially if the person has no control with this activity. 

That's normal, I think. My friend does this: he uses the winning amount and thinks that he can win more. In fact, he won again, but the difference is that your friend lost it and now regrets it, whereas my friend stopped playing after he won again with the money he recently won, and he treated us to some food and drinks.

Greediness is something I notice in your friend's behavior, as it is in mine. The only disadvantage of gambling is that there are no guaranteed returns, so if you win, you should stop right away if you expect to make a profit, but if you are just looking for entertainment, you should accept any outcome, win or lose.

That is the main problem why most gamblers complain about their losses. Thinking that gambling could help them grow their money is a wrong idea. Even if we say that we can win in gambling, it doesn't mean that it is always going to happen. It is something we need to realize and must understand that gambling is made just for entertainment, as a source of income. Or else, we are putting ourselves at high risk.

If we clearly understand how gambling works, I believe no one will say that gambling is bad.

Since he is so greedy, he has chosen to lose all he has gotten, he has failed to understand the rules of the game that you don't chase more wins after another because you can't get it back, since he has not experienced it before now he has to, i think experience is the best teacher, he was told but refuse to listen.

I don't think I have seen anyone who won gambling sequentially, i think he needs to study more about gambling it will help him understand better, he would have invested with the win so that he will not be at a loss rather part of the income from the investment would have been used back into gambling .

The disadvantages of gambling is that, it can lead to financial problems, addiction, huge debt, emotional, relationship break down and social problems, families  issues with mental illness and health issues then suicide .

There are actually two disadvantages of Gambling, the first is thinking you can easily become rich by gambling with small amount of money been Wagered, many people have turn towards this gambling as a means to get rich quick thereby introducing this act of laziness into some people.

Another disadvantage is the greed that leads to addiction, people are so cut up gambling that they have turned it to something else, with the growing greed of mankind money many people have gone to have been addicted in such a way that they have even sold their properties to gamble or they have used others money to gamble, addiction like this has lead many people to actually been in cell or maybe in huge debt to clear. I think every other disadvantage is backed by this two listed above

The disadvantage is to lose money you should be using to pay for your daily expenses and money to be invested for passive income and long term financial progression, besides the possibility of getting hooked by gambling and compromising your relationships in the process.

It's not only about losing money, but also the social, physical and mental aspects of your life. People won't wish to stay by the side of a degenerated unstable gambler who isn't able to provide security, neither good moments with people around.

These are all serious disadvantages implied to disfunctional gambling practice. With that in mind, be responsible and think twice before sacrificing the most important things in your life for nothing.

Sorry to say but your friend here clearly shows he lack proper risk management control. Yes there might be a probability of him making some wins before he exhaust his other win but the chances of him losing all is very high. That's because he has already had the mindset of all in and risk for risk. As a gambler you should be able to know when to withdraw your wins as soon as possible. You are lucky now doesn't mean you will be lucky the next round. Having such a mindset is only going to put you in more risk and losses as well..

This is the hope of most of the new players who are just starting to enter the world of gambling. and because of such high hopes, such short-sighted thinking and seeing that it is very easy to multiply money in gambling, this is what often leads people to become addicted and eventually lose money, more and more. This often happens, because some beginner gamblers may not realize that they are trapped in a circle of addiction and only focus on getting victory in the next round. while in fact they have already lost too much money.

Well, we all know the disadvantages of gambling, and one of them is that after winning, you often end up losing a large amount. But for me personally, this only happens if you become greedy and don’t set a limit when playing.

What I mean is, when you face losses, it's better to stop and come back tomorrow. Don’t force the situation. Unfortunately, most gamblers chase their losses and even touch their savings until the situation becomes very bad.

To avoid this, it's better to have a good mindset. Never gamble if you have problems or if you're busy and can't focus on the game you're playing. Coz the most important is you must stay focused so you can control your emotions and you know when to stop or not. Be smart enough, that's what i can say.

I think profit and loss in gambling are common and those who say that losses always happen certainly need to be questioned.

Like you advise your friends to use the winnings as an investment and a small portion to gamble back.
But your friend doesn't listen to the advice because the greed that he has in him makes the decision to use all the money for gambling, in the end it all disappears.

The real disadvantage is not listening to the good advice of others so as not to use all the money for gambling.
There must be self-control to reduce more losses or even avoid them.

I think that one of the main disadvantages of gambling is the lack of control over money and the risk of getting carried away by emotion during games... it is quite common for us to feel confident to continue playing and multiply our winnings instead of withdrawing the amount and setting it aside to achieve a specific goal.

Obviously, in a scenario of losses this is also a problem, especially when someone is playing with money that they cannot afford to lose and has the pressure to continue playing to try to recover the losses, which can lead to a spiral of debt and financial problems.

Unfortunately, this affects not only the person who is gambling, but also their relationships with family and friends.

I know that there is a lot of controversy about what I am going to say, but I still defend the idea that games should be a form of entertainment, but that the reward is real money. But the main goal should never be profit.

His money lol. Personally, I'd do the same BUT I calculate it to offset whatever future deposits I have for my next session instead. Now, I wouldn't assume I'm going to win more though, that's just dumb. Personally think anyone who thinks like that IS dumb.

The only real disadvantage of gambling is that it brings out the greed of people, which leads to bad decision making. Personally, I'd say that's a more of a "Me" thing than a gambling thing but eh, guilty by association. Other than that? Unfortunate how gambling has only so much limited games it can be used on.

You have done something right as a good friend also by allowing your friend to do what he wants when he rejects the advice you give and in the end yes as we see that now he must really regret not following your words.

Moving the results of the victory to something else that is more certain as a way to grow money is a good idea such as one of the investments you suggest which one of them might allocate some of that money in the spot market, because when we put it back into gambling then surely in the end losing will be the definite answer instead of increasing.
I hope he can take this incident as a lesson.

This makes a whole lot of sense cause he was able to hold himself/herself accountable for whatever was his/her fate as a result of not taking your advice. I can imagine the shame and the level of courage it took to keep you on the tracks of what happened afterwards.

Winnings aren't meant to be wagered again... Does that even make any sense? Chill out for a second, get a drink and do your thing. Relax as much as you can with it and feel the essence of getting a reward from your passion.
I feel this is more related to addiction than it is to unawareness; if it gets to a point that you have to wager uncontrollably, that's it.

Of course, your decision was correct, but your friend did not accept your correct decision, which is why your friend later lost all the money he had earned from his gambling bets. Yes, it is not a good idea to bet all your money at once on any bet because if you lose the bet, all your previous profits will be gone in an instant. Your friend wanted to make a lot of profit by betting all at once, which led to excessive greed and a loss, which later led to regret.

It's a huge carelessness not to be mindful of the dangers of gambling. Because when the mind is off and affected by gaming, the dangers are numerous but the worst of it is the lines you mentioned above. When a player try to hide emotional pains, it'll affect his behavior with loved ones and friends, especially in a social gathering.

 For me, aside from the regular loss of too much money when you're not responsible, you'd be sadder than you were when you hadn't even won if you happen to play  with the money you won because then too much regret will creep over you and you'd begin to wish you never went for a second round.
It's human nature to experience greed when such things happen but it's still also important to exercise control.
 I will not blame your friend for paying deaf ears to you, Op because at that moment he felt on top of the world and thought he could perform the same magic that got him this win but alas! If wishes were horses!

Gambling is fun. It's good up to a certain extent. You'll be distracted from your job, responsibilities, and other things that could be stressful at times.

The disadvantage of gambling, however, is that it is addictive. And it also makes you delusional. For so many gamblers, they believe there's money in gambling. 99% of the time though, there's none. They're actually the ones contributing to the gambling operator. So, if luck visits you, be wise. Don't be greedy. Your friend failed to realize that luck doesn't stay. He was greedy.

But this isn't a surprising story. It also happened to me may times, and perhaps to majority of gamblers.

The real downside is when you're not even enjoying yourself while gambling. Let's be honest, most of us lose in the long run, so why do we keep doing it? Have we ever stopped to ask ourselves that? The answer is simple: We're still here because we enjoy it. But if you're not having fun AND you're losing? That's a double loss right there, and that's the disadvantage of gambling.

First of all, if you win in gambling, there's only one way to be a real winner, by withdrawing everything and never coming back. What your friend did is called "Greed". He wants more, and he thinks he can outsmart the casino by using the profits that he made from them.
The results of this have two ways: Either you get lucky to win more (low chance) or you lose all the profits that you made and then more (high chance).

There's a system that records everything we win and lose, and sometimes we think we win big because we are given a high multiplier, but it's like a trap so that we will play more, and that's when the losing streak will come. It's better if we accept these facts. That way, we can enjoy gambling more.

Cases like your friend can be said to be greedy—he is just not satisfied with what he gets and is too confident that he can get more money when he gambles his winnings again. Although no one can be sure that he can win more money when he gambles his winnings again. But sometimes people are very difficult to advise that he should reinvest his winnings to generate profit, so just let your friend be like that, later if he loses all his money he will realize his mistake.

Just let it happen because most gamblers must have experienced it, but it will be a lesson if the gambler realizes the mistakes made because of greed and overconfidence that makes him think smart and becomes a very valuable experience to immediately control himself if it happens again in order to enjoy the victory obtained. And I have felt that but now not anymore because I always withdraw my winnings no matter how much for me to enjoy and start again with the funds that I always provide a few dollars, if I lose I stop. And what is very important when playing, play with full awareness because that way you can easily control yourself and the game and not us who are controlled by the game that will potentially play uncontrollably which will cause more defeats because of the ambitious and overconfident nature will win the next bet and so on like that.

The disadvantages of gambling I know of is as follows
1)Greediness: This greediness is what causes people to chaising after loses, and this leeds to addiction
2) False hope: gambling makes you have false hope to believe that you will win the next game even when you are not sure, and this leeds to gambling addiction.
3) Addiction : addiction is the end point of all disadvantages, because all way leeds to this part called addiction. If you are greedy it will leed to addiction, if you chase after win or loses you end up getting addicted. If you develop self confidence to continue or false hope you still end up getting addicted. So all way leeds to the father of disadvantages which is addiction.

There could be more disadvantages , but these are the few I can lay my hands on right now.

Every newbie thinks that by gambling he will be able to win quite often, thereby improving his life. Watching the news that someone has won the jackpot, people are tempted to repeat this success, mistakenly thinking it is possible for everyone; you just need to be persistent. But having gained some experience, we begin to realize that placing great hopes on gambling is quite stupid. The OP is right that you need to have some funds that can be invested and regularly replenished instead of losing everything to the last cent and remaining bankrupt.

The author's friend, who won once and thought he would win many more times, made a typical mistake. He thought that his win was not random and that this win, for some mysterious reason, should be repeated many times. I would call this the "error of replicating randomness." If a person wins once or several times by chance, he begins to confuse randomness with regularity. He begins to think that his win is not random, but regular. And this makes him repeat the actions that led him to win. But since his win or several wins were random, then sooner or later repeated attempts to win lead to loss and depression. Only then does a person begin to understand the true state of things.

I also think that greed is a very big disadvantage in gambling, when you continue gambling with the intention of doubling your wins or chasing loses. Gambling is not like a business where you need to keep reinvesting your profits to expand the business and be making more money. Gambling wins are by luck and there is higher chances that you will lose rather than win so it's not advisable to use your wins to continue gambling. From experience and research most people that uses their wins to continue gambling loses everything so it's not worth it. When you win take it and enjoy it, if you want to gamble again take it from your bankroll and let the amount be what you can afford to loose.

Greed is bad specially in gambling, because it makes you continue to gamble and chase big wins. And that is dangerous because we all know that gambling is base on pure luck and so there are days that you can make money and obviously think of it as a good source of income as it is easy way to make money.

But base on our experience, that kind of mindset is not good. And even if you already won, you should know to put the feet on breaks. Otherwise, when greed sets in and you wanted more, that's when the time that your luck is going to chance and instead of having a good win, it might end up the opposite and you lose all the money that you have.

The disadvantage of gambling with all you have is that you will lose it all and become frustrated. That can make you to look for funds somewhere else to that you can chase your losses. Gambling should be done in the lowest minimal by using only your extra funds that you can let go to gamble. If you want to take gambling as your priority, addiction will be the case and that's the worst disadvantage of them all.

Just as usual on which most gamblers do able to experience is on how they would messing up their winnings back losing into the casino. People never ever learn on which there are those who do able to make up those realizations after they had experienced it out, but there are those people who do able to continue on doing such bad habit as long they do have the money out of their pockets. Just let them be and you arent that lacking on telling them about on using up their winnings on something which is more worth but well we do have our own choices in life and its none of our business on how others do make out such decision.

Disadvantage on gambling is on the time that you do get addicted and spend up tons of money with it because you've been that believing that you can be able to make yourself easy profits with it.
On the moment that you do made out such realizations then its already too late on which the damage has already been done.

I would say that the biggest disadvantage for me when it comes to betting is the wearing on time to find the final outcome, especially when I feel like my patience is wearing thin. As a result, I tend to cash out more often, even though with more patience, I could potentially win more in the long run. Despite this disadvantage, when I weigh it against the advantages of betting, I find it to be a productive activity for myself. That's why I continue with it.

The question is, if he had not won, would he have stopped gambling? the answer is an outright NO. The only difference now is that he is using the money he has won to gamble again. If not, whether he wins or not, he will eventually go back to gambling. managing the money you have won from gambling is as important as managing any money you intend to use for gambling.

every gambler ought to, as a matter of necessity, learn the habit of bankroll management. it is the only way you can manage your finances after you have won a bet. certainly, the urge to gamble back to win more will come, and the thought that before you must have lost all the money you have won that another win will come is something that is not just peculiar to your friend; it is a situation that literally most gamblers have faced. if you were a disciplined gambler who uses his head even before winning, nothing will change much even after you have won.

So in this situation, it's not a disadvantage of gambling, it's your friend's reckless decision that led him to this outcome. When you win, it's easy to convince yourself on a wave of euphoria that this is a lucky streak and you need to increase your bankroll in order to keep playing. I was the same myself, and I lost my initial winnings the same way. There are actually a lot of such gamblers. But everyone can learn from their own experience how to deal with winnings correctly, distributing them into parts, including for the following games.

I think your friend was deceived by greed, excitement and the mindset that as he won, he will be winning again but unknowingly to him that he'll be losing all to the same gambling, I think gambling firms will be loving this kind of people and as a matter of fact, this kind of people are the set of persons they want to be doing business with.
In as much as I know that winning in gambling is not certain and it not something that happens now and then, once I gamble and win I will want to take my profit and the capital still and may be devide the amount I use in staking the game earlier then go retake another slip though it also depends on the amount I used in betting the game earlier and the amount I won too but as for using all to go back to bet, it is a no no for me, some gamblers act as if they know what'll be the outcome of their bets, when you see them talk, they talk as if they have all the information of what may likely happen to their bets, I think it's funny for anyone to think in such manner.

As for the gambler investing with the said profit gotten from the bet, this will depend on the amount he won but am very concerned about him not using all the amount to gamble again if really he wants to gamble almost immediately he won the bet.
It seems your friend has not lost this way before and I think it is not bad that he lost this time maybe this'll stand as a lesson to him not to go the lane he went when he win again in the future though let's hope he doesn't go chasing loss this time.

With what you withness from your friend is quite sating that we should always be extra careful with our winnings. Though there is no guarantee of winnings in gambling, is always a game of luck, there is no two ways about it. Because as a good gambler once you have a win in gambling, no matter how small it may be don't try to continue chasing for more winnings. Because once you continue that thing that just happened to your friend is exactly what would definitely happen to the person.

Losing the money will be the disadvantages that most people will get from gambling. The losing money will be big if they can not control themselves and forget the limitation in gambling. Most people want to chase the win and that is greed that come to them.

It is not easy to double your win money from gambling so that is why we must realize that gambling is just for fun. If you win, you need to stop gambling and get out from the casino before the temptation come to you and make you difficult to stop. Most people get the temptation and still playing gambling because they want to increase their win money.

So before you loss become big, you must stop gambling especially if you already win the money. You can playing gambling in the other days so it is better to enjoy your money or keep it in your account until you reach the minimize amount to withdraw the money.

At least your friend is aware enough to hold himself accountable. Other gamblers would have made excuses, would have found some way to blame someone else other than themselves and sometimes they might even not realize that they have misused the money.
You already shared in your own story. We get too confident and we end up spending too much money on gambling instead of only dedicating some extra money to it.

Every thing has good and bad side. 
Right now I am making the post with my device but if I want I can use this device for good and if I want I can use this device for bad it all depends on me. If a gambler gambles in the right way then I think gambling will not bring him too bad results but if that person gambles with excessive greed and always expects that he will gamble with excessive amount of money and without any knowledge of gambling he will win only depending on his luck then I would say that such idea is completely wrong. When a person gambles without any idea, bad aspects of gambling may come to the fore such as he may get into excessive debt, he may suffer a lot financially by gambling or his family may be in danger due to his irresponsibility. But if you gamble within certain limits, I think none of these things will happen.

Yes, its always losing money but here are the possible ones you do get addicted.

1. Losing your life savings
2. Losing your family
3. Losing everything

Thats if you do tolerate out such addiction and never been able to stop. People do only stop at the moment that you will be experiencing those unfortunate conditions and not able to stop midway or when you are just on the process spending up your money specially when you are experiencing those small wins then you will be having this kind of impulsive emotions that you should be that playing even further. Disadvantages would be happening at the moment that you do make out some excessive dealing with it specially on spending money and cant be able to stop.

For advantage.

1. Having fun and leisure
2. Relieves stress
3. Winning big amount if you are lucky enough

Everything in the world that has advantages also has disadvantages, excessive use of a thing will result to abuse and abuse lead to destruction, in gambling when you are addicted to it, that's the only disadvantage of gambling. when you can't stay focus on other things and all your attention is on gambling from morning to night, it will destroy your life and mess you up, you can't achieve any tangible thing in your life especially when you are not a lucky person and you always lose your money to gambling.

misappropriation of funds, when you use your capital in gambling is also a disadvantage to you, because money that would've generate you more fund if you invested in other things.  one must not use his capital to gamble, gambling is fun when you use profit and spare money to play it, using money meant for business to gamble is misappropriation of funds. These are the major disadvantage of gambling, if you can manage these you can have a fair fun in gambling.

The real loss in gambling is when there are no limits. For me as long as the gambler sticks to his betting limits, he is considered not to have suffered a loss because from the start he has agreed that what is at stake is ready to be lost. Allocation of betting funds is the main thing that must be done if you really want to continue gambling. And so far people who have been able to survive for years in gambling have always applied the concept of limits. Including loss limits, profit limits and self limitation not to continue betting beyond their capabilities.

There is a spirit that always come with winning and that spirit or force is not always a good one and if you are not careful and wise enough to realize what it is you will definitely useless the money you win. One should not gamble without a target even though gambling is not guarantee or certain but gambling with a target is always good so that should in case you win or make a profit you already know what you will be using the money to do and it is obvious and clear that, that your friend doesn't have a target that is why  he insisted on using all the money to still gamble and that is not wise.

From what I saw, you did your part as a friend to him by reminding him and he didn't listen to your reminder, so that's the result of what he did and there's nothing we can do about it
because what he didn't want to happen happened and what he expected didn't happen those days.

Sometimes it's also in the mindset of a gambler, because there are others who once feel like they've won when they play gambling, their mindset becomes so positive that when they play gambling, they will always win even though in reality they often lose and that's what's really sad about their mistakes, the mindset they make.

Setting a target is very important when gambling so that incase you experience win you will immediately use the profit to do whatever thing you wish to do with it, because sometimes the reason why most people choose to continue after experiencing win in gamble is Because they don't have a target. I mean they don't have something important to do with the money, Though sometimes we May have a target but greed won't allow us to use the money for those stuffs, this is why a gambler don't need to be greedy all the time.

Some of us always give the same advice: one should always plan his strategy on beforehand. But that's not the main problem in the current topic, I think.  It seems that the OP's friend decided to gamble again with that money after winning it, but I guess that that was a premeditated decision, even if it was unconsciously. In that case, he'd set his target, but it was a wrong one.

Determining the signs is undoubtedly vital in gambling. Especially in gambling and setting goals, the result of every work is significant. You cannot move forward without a goal, so it is best to set goals and work accordingly and move forward. Even in gambling, if there is no goal, no one can survive here. Every gambler has to keep the goal in mind and play the game; then, it is possible to achieve something good. If you get stuck in greed and lust while determining the signs, it will be challenging to get out of there again. Many people have lost money and become destitute due to greed. It is best to gamble slowly and carefully, determining the signs while gambling.

The truth is that it's very hard for someone to advise a gambler and for the gambler to actually follow that advice. What your friend did is exactly what many gamblers would do. It's not possible for a real gambler to win money from betting and then try to invest it in other ways. Even if they invest in something else, there's a high chance they'll eventually sell that investment and use the money to gamble again. This is because they already believe that the best way to make money is through gambling.So, I want you to understand that this is the character of a gambler: they don't listen to anyone’s advice. Instead, they look for anything easy that will allow them to keep gambling. And in the end, if they lose all the money again, they will come back to someone showing regret. But the truth is, once they have money again, they’ll still waste it on gambling.

One major disadvantage of gambling is that gamblers rarely have money to achieve meaningful goals in life things like buying property. Even if a real gambler wins big amount of money and buys a car or some thing target properties, trust me, in no time, they will sell that car to gamble again. Another thing is greed. Gamblers are always greedy. They are  hardly satisfied with the money they win from betting, they always want more and take higher risks no better for using it for good things.Another disadvantage is that gamblers can't remain rich consistently. They might be rich today and then be poor within a few months or years.

You have done good things to advise your friends, that point is this quote.

At least you have been separated from mistakes and regret, because you have done goodness, then it's up to him.

The principle of your best friend is commonly done by others, he will realize when everything runs out, it is proven he returns to you.

For now I have not suffered fatal losses such as property and so on, losses during my gambling, only money, and even then open my savings, only money is specifically for gambling You understand what money is that, but at least there is reciprocity, winning even though losing is also there, but the loss is not in property.

Once a gambler wins a huge amount of money they will now keep wondering until when do they win and their luck could bring them a huge amount, its hard to change the mindset of the player once they got a good jackpot even you keep telling them that's quite enough to play, this is the reason why having a control with your emotions and budget is a must because gambling are just right there to get you an entertainment and if you make a good decision you can keep your wins at the same time make a cut losses to prevent get rid your gains. Well its been already done so nothing can reverse the situation so its ideal if he will move on and take this as a lesson in life that always make gambling responsively.

So in the end he lose only his profit or including his bankroll? Because the main goal in gambling is to have fun so if he just lose back his profit and still enjoy gambling then there’s nothing wrong about it.

However, according to your story he is blaming himself after he lose which means he is using gambling as a financial tool gain profit which wrong.


It’s the feeling of resentment if you are gambling using an amount that you can’t afford to lose.

That’s the biggest mistake a gambler can make. If you don’t take a break after winning big, consider that money gone. But for some reason, they only see that after they lose their profits. They always think if they keep playing they’ll win a million dollars eventually and believe it or not, they still won’t take that million home. They’ll keep playing to have a billion usd this time. People really should learn to say “enough” but they never do. I guess that’s what we call “having an addiction”

When a gambler has money, even if he loses in gambling, it does not cost him much, but he becomes greedy to win more. As long as he has money, he will gamble. If a gambler thinks that having money is safe for him, then I definitely disagree. Because most of the gamblers I have seen, when they lose in gambling, they chase to recover that loss. At some point, they lose all the money they have. For me, the problem with gambling is chasing losses and being greedy, which forces a gambler to lose money.

It was not the disadvantage of gambling but a normal fault of someone who is greedy. If he is a responsible gambler, he surely thinks it and possibly doesn't force himself. What happened to your friend is the result of his wrong decision.

Gambling is quite dangerous if we can't control our greed. I know we all have this kind of emotion, but as much as possible, we have to control it. We just think that this could give us trouble if we let it happen. We put this as an example of how badly it impacted our lives.

This is a clear example of how greed and lack of good bankroll management lead people to make mistakes that they later regret. When I first started betting on sports, I made a lot of mistakes until I got very frustrated and decided to make my last bet. To my surprise, I got it right and withdrew all my money.

I'm glad I made that decision. Years later, when I started betting on sports again, I only put in small amounts of money that wouldn't negatively affect me if I lost. When I win a lot, I withdraw it. But if I win a moderate amount, I keep it and continue betting.

there are a lot of factors that discourage people from gambling but it will only happen when they have gotten to the peak of it because even when you tell people not to gambling and even when they want to gamble, they should gamble with caution because when you don't gamble with caution, it can lead to financial instability and from there it can even lead to dept because people dont even consider the angers they just want to win.


when you are gambling you are supposed to be learning how to manage your money I remember when I also gambled carelessly, but with time I started adjusting and am gambling safely and taking risks from time to time. There are other complications that gamblers need to be scared of starting from the fear of addiction because if you see people that are addicted, you will not like it because they go extra just to make a win.

being too confident to continue winning in gambling is prohibited, gambling is not designed to make all players win, especially slot games, gambling games will only be profitable at unexpected times (I'm sure slot players are aware of this) but for sports betting, usually the victory is based on analysis, the better the analysis is done, the greater the chance of winning, as well as with poker games, so if you want to gamble for a long time, you have to think about all the consequences carefully, don't be too confident in the end ending in losses.

The only way it's advisable for your friend to use all the money he won from gambling to keep on gambling to multiply his money is when the winning is small or the money won is not big enough to carry out any meaningful thing in his life then he can decide to use the money as staking power to keep on gambling if he will have luck to multiply his money, but if the money won is already a huge amount, there's no need for your friend to use all the money to gamble in order to multiply his money; he can take a little percentage from his winnings to gamble and use the remaining money to do something meaningful in his life because if he uses all the money to gamble, he is likely to lose the money back from where he got the money.

Correct, I agree with what you say dude, and there is truth to that. Those who often expect to win when they gamble are often the ones who always end up losing. And those who don't think they will win at the casino are the ones who are often given the opportunity to win when they play at crypto casinos.

Let's just not let addiction enter our gamblers because believe me or not this is one of the main disadvantages that will be a problem for a gambler every time they play at any crypto casinos here. This addiction is like a virus that cannot be easily removed from them for sure.

You should have teased him that he's not yet finished because he's got nothing. Kidding aside, that's what happen when people are hard headed and money is already in them but they refuse to get it.


When we're letting our greediness gets to decide of our next move. That's the disadvantage of gambling. When we're simple human beings and yet we're becoming greedy and activates it by the time when we gamble and it's just normally happens at that time.

I am not sure whether you opened this thread to talk about disadvantages of gambling in general, which to me are pretty obvious. Or rather you opened this thread to talk about our personal struggles when comes to gambling.

The story or your friend is quite typical among people who don't know when to withdraw and stop gambling, in order to enjoy their money, hopefully it is going to become a lesson he will treasure for the rest of his gambling life and won't allow greed to take over him again with just a blatant and complete way.

Also, if you don't mind could you please share what games did your friend played and made him lose all his initial earnings?

This is the common dilemma on gambling once you already experience profit. You will keep considering gambling as the most viable option to gain money quickly compared to investment since you already experienced winning.

It’s very hard to turn a blind eye on gambling while you are still in profit because you have the proof that it’s really possible to profit.

It has something to do with your mindset; if you have the wrong mindset like your friend who wants to use his initial winning to win more, then it is a big disadvantage to him, as he does not have the luxury of always winning in gambling.
We are the ones who set our boundary and rules in gambling; if you set it wrong, you will have a big disadvantage all throughout your playing time.

Playing with money that you can't afford to lose is a gambler's disadvantage because the pressure not to lose the money will take a toll on how you play; you will not enjoy the game, and you cannot think clearly; all that's in your mind is you must not lose and you have to win and beat the house, and if this is your mindset, you will eventually lose.
Based on my experience, you always lose if you keep holding on to your money, and it's depressing if you lose it.

This is only true when someone has a problem with gambling and is not true when someone can stick to doing it casually. Problem gamblers can often lie to themselves, with comments such as "I'll only do one more spin". They'll also have a habit of remembering the few big wins they have whole minimizing or even trying to ignore the vast amount of little losses that were accumulated along the way. These are almost natural and inbuilt coping mechanisms that the mind uses in order to avoid admitting mistakes. It can be hard when a gambler finally has to recognize that they were wrong, when they felt so confident in many decisions over time.

Does anyone here that is a gambler knows that gambling has more advantages than the opposite since that's what many loves to hear?
Certainly you will lose money and if you are fortunate enough, you could get your money and also add casino money to make it round up.
Don't smile too much because gambling is a continuous activity. They could finally get their money back since you would want to make more money just like the one you had thinking luck will fall in you again. All I am trying to express is that, if you are not ready to lose funds, take a quick move from gambling because it can be very disappointing.

Certainly, he can not enjoy the money won. Cases of gamblers who become greedy like that seem to be everywhere and become classic cases experienced by every gambler. But hopefully, your friend makes it a meaningful experience not to be greedy in the future.

Another mistake that I experienced myself in the past was not setting a budget limit in the game. It almost used up all my money in savings. Maybe almost every gambler experiences this, especially at the beginning of their gambling. With a small start, but can not control the time and budget to play. What happens is just a bigger defeat.

The only disadvantage that I can think about right now is the chances of losing, which is very high compare to winning, this is why I believe that casinos business is lucrative for the owners, there is no way they can lose running a casino, unless they lack the experience of delivering better services.

If I hit a very big amount of money it is something that I can give a try, I will just have to work in some casinos for a while to have experience and also create a small team of my own.

The opium of gambling as a beginner is winning at first, maybe after few rounds of game, you will become addicted thinking that things will always be this way, but sooner rather than later you will find out that you are wrong all along.

There's no disadvantage in gambling itself but when someone who isn't fully prepared to see the outcome of his/her decisions then such losses take place. That's why most of us always suggest everyone to gamble with responsibility because the ones who gamble without responsibility are the ones who lose money in it and then later they regret.

This is not only about gambling but applies to anything. It is just that gambling is among those that can easily make us addicted. It is because it provides fun and profitable experiences. Usually gamblers are for legal age people already and as an adult, we must know already if what we are doing is still correct or not anymore.

We must try hard to control our selves no matter what. This must not be a disadvantage of gambling but it is only our fault. The second thing that you said which is dependency is more not a gambling's fault but it is already in the person. Me for example, I'm into gambling but I still don't take drugs or drink alcoholic beverages.

Gambling is the easiest way to earn money and the easiest way to lose money. The biggest disadvantage here is being greedy. Many people can win a lot from gambling when they first start gambling, but that winning makes them even more greedy, which is why they cannot easily give up gambling. As long as they keep winning in gambling, they enjoy it very much and keep promoting it to everyone. But when they start losing, they realize how wrong they have made. And at that time they start blaming themselves.

From your friends experience I think the disadvantage of gambling is not being able to tell what will happen in the next game you’re about to play - that is not being able to predict how your gambling section is going to end that’s a very huge disadvantage when it comes to gambling because if gambling was something you could easily tell what will happen then your friend would have been able to see that going all in would cost him everything he had won and he might have listened to your advice.

There are other risks or disadvantages of gambling for pertaining to this post I think uncertainty takes the lead.

For me, the only disadvantage of gambling is the uncertainty of the result. Since we all know gambling has always had random variables that affect the result, no one can be sure whether they will win their gambling session or not.

It is made worse by irresponsible gambling due to greed or lack of self-control.  But if the person can gamble responsibly I think this disadvantage can be minimized because responsible gambling enables us to minimize our losses and keep ourselves in check to avoid gambling addiction.

From the story you explained it shows that all fault boils down to your friend. He is at fault here. If he had listened to you he would not have lost his money in such manner. Well I think he should learn from his experience that gamble is not a guaranteed source  of making wealth, rather it will help reduce your savings to the lowest level for those who tends to fall into addiction and make irresponsible financial decisions. We shouldn't place our trust in gamble such that all hopes are centered on wining, in that way we are only chasing loses. Gambling disadvantages have been on the game since the very first day Gambling was practiced, winning in gamble is never certain which means gamble comes with enough risk of losing your funds.

Excluding the obvious disadvantage of gambling that's you losing your money, there's also the disadvantages that you'll get addicted and what that'll do is to make you to lose more money hence the main disadvantage of gambling is that you're going to lose money and  many people don't escape this reality because they go into gambling with the wrong mindset and before they realize that they went in with the wrong mindsets, it's already late and they have lost much amounts of money. Gambling is very bad for people that don't have self control because they won't be capable of controlling their emotions and anytime that they lose, instead of instantly relaxing, they'll go in with much higher amount of stake and still they'll lose, which makes them to continuously be in a cycle of losing without knowing.

This shows a sign of desperation and it's not good to be in this mental state as a gambler. The mistake that most gamblers make using the money reserved for something important to gamble or the last money in their account, they try to double it to solve their problems. Gambling doesn't actually work like that, the game is filled with a lot of uncertainty, any amount of money that goes into it might be lost, having this thought at the back of your mind should restrict you from making some dumb choices. Don't put in all you have into gambling, 10% to 20% is enough.

For me, the biggest disadvantages to gambling is simply, not understanding how gambling as a whole works. I mean, gambling is not just about losing, but if we can manage our budget well and choose the right type of gambling, we can definitely get profit every time. Like betting on sports betting or skill based games, it can be done to get profit.

I am not surprised with your friend's perspective. I mean, a lot of gambler thinks that they can easily multiply their winnings by gambling again using those winnings, and I am sure a lot of us here once thought that we could multiply our winnings by gambling using those winnings too, but came to realize that it is extremely risky to do so and overall stupid

People who gamble with what they have are different from those that gamble with what they can afford to lose. Two category of people gambling but they wouldn't get the same effects. The person that gambles with everything he has all in the name of taking a risk is probably going to end up regretting and most times regrets can lead to chasing losses because you don't want to accept that the money you staked is gone. Gamble with what you can afford to lose, this phrase is constantly used everywhere but some people are still acting ignorant to it.

The disadvantage of gambling is not having understanding of what it is, because when you don't understand what gambling is all about you will definitely run at lose due to greed . Lack of understanding in gambling can cause you to take crazy decisions that can lead you to pains and troubles. The disadvantages of gambling is accepting greed and to take gambling so serious as a means of steady income.  If one is able to understand gambling very well I don't think their will be wrong side in gambling.

I think been greedy life is the most biggest disadvantage in gambling because instead of you to win, you are still going to be losing more and more in gambling. As a gambler that always want to gamble responsibly should not think of being greedy when gambling, because it doesn't make sense for a gambler to have greedy life in gambling because such thing can actually make someone to look irresponsible to people around you.

I am on your side, your advice is correct, and you provide a better way to approach gambling. Gambling is not a guaranteed way of multiplying money, but it is a game of chance. Sometimes you will win more and more, and other times you will lose everything. The best way to gamble is to set strict rules for yourself, ensuring that whatever happens, you will not cross these limits. There are many traps in gambling, and users like your friend can easily get stuck in them. It is an illusion that you will win every time, and we must break this illusion. If you want to be a successful and profitable gambler, then set your limits.. And for your friend he get a good experience now he will take care of this again .

when we say everything is all about risk, it does not mean that you will gamble with everything you have, at least you have to gamble with what you know that you can lose

People that is gambling to risk what have in order to get more, those people have a backup plan in which you may not know, from looks of things, I know very well that gambling is all about risk, and before you gamble with everything you have, you most have own undergoes frustration, so a good gambler is not supposed to gamble with everything he has

Your friend must be a newbie in gambling, that's why he didn't listen to your and that was just exactly what I was talking about today, some people prefer to learn a lesson from their own experience and not from what others are telling them. It was after he lose all the money that he realizes that what you were telling him is true, so bad for him. The disadvantage of gambling is that, even if you win $100k or an amount larger than that, you can also lose the money back to the casino if you don't put the money into good use. In gambling, you could win $100 today and lose $200 the next day.

It is always the same story with tragic ending, people can't stop making greedy decisions in gambling, your friend will not be the last victim, more people will still make the same decisions that will put them in regret. You don't feel pity for people who don't follow advice. The disadvantage of gambling that i know that has spread throughout the gambling industry is that of getting addicted to the point where it becomes the most obvious focus and takes away the conservative aspect of one's finances, just a quickened road to extreme wretchedness.

It is better to chase winning from money you won from bet than chasing loss. They are two different things entirely but for someone chasing a win is either he has not reached the amount of money he wants to win, or he is naturally greedy as a gambler.

From the story i understood something about your friend. It maybe he has tried this type of thing before and was successfully. However, he knows he may lose and still want to try his luck again if he can win. Every gambler will address this situation differently so i wont judge him because if he had won more i think he will quit at some point while taking the win comfortably.

What I have learned since quitting playing slot machines definitely since early January is that it is better when you have the money that you have but you have it in your wallet be it little or big and you don't risk it by gambling. Also you are more calm financially when you don't gamble and I know how bad the economy is nowadays which is what brings many new people to gambling but that should not be the case or the benchmark, trust me when money is in your wallet is better than being in the wallet of another entity or in the casino wallet during gambling. It is better for most people to realize this as soon as possible an that would be a win situation, I have some urges because I have money in my wallet to go and start gambling though whenever this start to hit me I get out for a walk to forget about it.

Truthfully you can actually multiply your winnings by gambling again it all depends on the picks you made and your luck that particular moment, gambling is more like a spiritual game you would be very motivated to keep playing when you are winning because you will think it's your lucky day it has affected me several times infact I also made the same mistake today because I decided to try my luck again just to see it I will win again but I lost it all when the game didn't come out as I predicted. For a gambler that is used to this kind of situation I think it's better you take the amount you win then stop playing for the moment because you can actually lose everything you made when you try to keep multiplying your winnings.

We can only try to deceive ourselves but can't deceive on the reality with gambling, every gambler chooses what he had to be able to gamble as being convenient for them, we can't change what gambling is, it will rather be the one to change our wrong motives we had towards it, thinking such could be a way of making money from it or continue to have a same kind of experience over time, in which all these don't work at all, except we had a change in mind and go for what is right in it.

It's not a disadvantage if you can control your emotions and have the ability to stop in time. I generally understand why this problem exists at all, but I don't understand how young people get involved in this problem, because the propaganda that it causes gambling addiction seems like it should work, but for some reason it doesn't.
As for me, the non-obvious disadvantage is psychological pressure, if we talk about physical casinos, it is in most cases a place where you lose the sense of time, reality, and if a person also loses at this time, the psychological pressure becomes stronger due to stress, anxiety and other factors

One of the disadvantages of gambling is that as a gambler the probability of you saving money will be low due to the fact that gambling is capital intensive so any one gambling on a regular basis will find it hard to save money because gambling is is like a money sucking demon that sucks your money away so the probability of any serious Gambler saving money will be hard because you will be be clouded with the hopes of winning a big money and gradually you will be using your money in gambling so over time you find out that you can't save any money again

This is a disadvantage of gambling addiction, not gambling as you state. I can be a gambler and still save money, stick to your DCA plan and still simultaneously build an emergency fund. All it takes is a good financial management strategy or plan and control over one’s emotions.

Let’s say I earn $100 weekly, and my weekly gambling budget is 10% which is $10. If I take out $10, I’d still be left with $90, from there, I can decide to save any amount, invest any amount and others. It is only when I’m an addict and lack self control that I can fear losing all my weekly earning on gambling.

If you follow social media trends to start gambling you will have the same thinking as the OP's friend. Everything about it is just wrong. And even when you try to correct them they won't change their ways.
The OP's friend coming to admit that he misused his money should not be taken for a change of heart. No. When their thinking about doubling their money hasn't change. You will see it manifest when more money from outside source enters his hands. He will return to gambling irresponsibly.

I know that greediness is one of the faults of facing challenges of not wining in the gambling, anyone who is not greedy in gambling always make a good money from gambling, so my own understanding in gambling, we have to do what's necessary and the thing that's necessary is for you to know the advantages of gambling, risk is much in gambling.

Greed is definitely the mega gains killer, especially for the folks that win and immediately put all their chips into the next bet. You've got to save your chips and try to hold on to as much as you can or else you will surely gamble it all away as they say.

Greed is the reason for mega profits, but not everyone can make it; most game players lose it. Greed works differently in gambling, which is very difficult to control. Due to this greed, people have lost all their money, hoping to get more. As you said, if they win later in the hope of mega-profits, they can't keep it and bet it all. Those who can't keep it away, most of them lose money. If they can keep it and slowly bet more, they may profit from it, too.

In my opinion, those who win once feel confident in themselves. They think that they will win the next game as well. With that confidence, they participate in a bigger game next time. Because they only care about the profit. They do not think that if they lose, they will lose everything. They get excited. Even if someone tells them to stop, they do not listen to that. Instead, they say, you can't do anything, watch me win the next game too. This kind of greed makes people a victim of defeat again and again.

And that is true, you can multiply your winnings by gambling again, and I never said people can't. That being said, it doesn't change the fact that for a lot of people, it is easy to do, and it is also extremely stupid to do.

Your friend made a mistake, in his case gambling brought him profit, part of which he should have saved and invested in another business, maybe even buy bitcoin for a long-term investment. And if you continue to play every time after receiving a good win, then it is obvious that the odds will be on the casino's side, and there will always be more chances to play than to win. If you are lucky, you need to save at least part of the money, then you will thank yourself for it.

Gambling can be entertaining, but it also comes with significant disadvantages. One of the main risks is financial loss, which can lead to debt and long-term money problems. For some, gambling becomes addictive, affecting their mental health and causing stress, anxiety, or depression. It can also strain relationships, damage careers, and even lead to legal trouble if people turn to dishonest ways to fund their habit. While gambling in moderation might seem harmless, the potential consequences can be serious if it gets out of control.

Greed is part of the inability to control yourself which is the most disadvantagel thing for players.
Your friend is experiencing that, and probably also a lack of experience in gambling so does not have the right mindset about gambling itself, if he has enough experience about gambling, he will stop when he has won and accept your advice, but any experience will give him valuable lessons to be wiser in gambling.

Greed has a bigger consequences than even the mega profits you think people make in gambling. The most annoying part is that you could make $100k today and in the next one week, you could keep having consistent loses that could even take away the profits you made and add loses to it. Gambling is not for those that are greedy. If you have not had a taste of the consequences of greed, you better stay away from it because it can be disaster that could bring a lot of emotional trauma that could affects ones imterlectual. Greed is bad and it's not good for us.

People that doesn't listen to advise like that are mostly newbies who are just blinded by the money they thought they could win, they didn't realize that if gambling was so easy like thought many people would have become so rich. It's also good to learn a self lesson, at least it will help the person to tell the story better than who didn't experience it at all. In gambling, no matter how people try, they can only win a life changing amounts if luck permits them but there are just few people that have luckily won huge amount in gambling.

Some people say that if you want to waste money or you have nothing to do with your money, then you should go into gambling because for sure the money you lose will only go to the casino platform. Because most of the people who play here are loser gamblers and only a few can be said to win a decent amount.

Now, the disadvantage of gambling is that in the eyes of the majority, when they find out that you gamble at the casino, they think badly of you, or they think badly of gambling.
Second, because of gambling, the gambler becomes greedy or savage, that's what some people say. These are just a few of the things I can think of.

I don't think it can be called as disadvantage of gambling, it was caused by the gambler who're not responsible with himself.

Mineral water is the most healthy drink, but if you drink a loooot, you might suffer water poisoning. Same to gambling, gambling is an entertainment, it's a game that make you excited to play, but if you gamble too long or spend too much, it could ruin your life very seriously.

Like, commit suicide or become homeless.

The self acknowledgment works best amongst any other method of teaching newbies. Imagine the player would repeat similar mistake in future, that means whatever he said to Op, wasn't from his heart. However most players who learnt through unforgettable losing experience, tend to obey the rules of wagering smaller amounts. And, for the fact he came to complain to his adviser, then the player grabbed a fresh knowledge that'll guide him avoid further irresponsible gambling moves.

Been without a job or any form of a source of income except for gambling as a means you hope on getting funds from us a huge disadvantage to the gambler because any money you are lucky to win the chances of you returning that money back  to the house is very high. Because whatever amount you win won't be satisfactory you'll always want to double it and on trying to double you just lose it all and more.

The fastest way to lose money In gambling or betting is by staking another bet immediately you win or lose. I believe in the Betting principle that alows a Gambler to withdraw some percentage of there wining first before betting another gamee with the remaining amount on their dashboard. A Gambler that usually bet with his won amount will never think of withdrawing his profit. So it's advisersable for guys to withdraw their winning always before continuously betting with the amount they can afford to lose.

The main thing you need is to have the goal and the strategy. If you don`t have a goal, you can`t create good strategy - you don`t know what result you need.
If you have both strategy and goal, you begin planning. Some part of profit you can withdraw and use for other purposes. The other way - you can increase or decrease your bet size, due to bankroll. It is not the only way - there are lots of strategies and different ways of gambling.
It is not the answer for your question, but it is my answer how to play.

I wonder why the thread is captioned the disadvantages of gambling when it was the gambler who failed to control his behavior. Maybe the topic should be disadvantages of loss chasing or over gambling. Too much of everything is bad, when you do fail to control your gambling activities, it will always bring regrets.

You can't be satisfied with gambling fund's or money, when you win in the gambling, you will be motivated to gamble more and win, but if you have such mentality of wining with you profited with gambling, I think that will make you to be addicted on gambling

Gambling has different disadvantages, mostly if you're gambling consistently and you believe that gambling will be giving you daily wining, so from my point of view, the disadvantages of gambling is much, especially when you depends on gambling to survive, one of disadvantages of gambling is when you don't know your limits.

Yeah, that is true. Honestly, everything is on us once we start gambling. The online casino is just a platform that offers gambling services, which means it doesn't have any control over us. It is we who will decide if we will enter the realm of gambling and maybe lose money in the process by doing so. This is why we must think twice before jumping the gun. There's no assurance that we will win with this method; it's literally the opposite that we will probably experience. Losing and then stress. The disadvantage is on us because we will lose control once we chase our losses. I have been there many times, and I could tell it would be an arduous journey.

I admit you are right - this is why the gambling industry is so attractive to some people. There are many greedy gamblers who spend so much money every day in the hope of winning big - but not all of them can actually win it. We have seen so many gamblers who lost all their money and became poor - of course, they are gamblers who have the wrong mindset towards gambling. Their approach to gambling is to make money - not to have fun.

Gambling becomes fun when gamblers are not ambitious to win. They know the limits of when to stop and how much money they can spend - this will prevent them from losing all their money due to addiction. They are looking for fun even if they have to spend their money - that is normal and advisable.

Some categories of greed and risk are in the same place; if you are not greedy, you can't win a big amount, and if you don't take risks, you can't win a breathtaking amount as well, but there are levels to which this risk could be taken and how much you can allow your greed to control you.

Some people still apply wisdom even while being greedy, while some just go all in all in the name of the mega winning, which always sends them back home with nothing. It's best you minimize the risk and have something to fall back on than go all in and lose it all.

With what I have seen, the disadvantage of gambling is addiction to loses.  Addiction is one of the problem Gamblers face each day, this addiction is either chasing after loses or wanting to win more. The love of money is real and everyone wants to have a taste of it no matter what, and for that reason people go extra mile in gambling since they see it as an only option to make quick money at ease without knowing that the part is very difficult. In the expens of making quick money they get addicted to Gambling building fake hope on what is not possible, thereby losing in the long run.

My observations will be centered on gamblers that are extremely competitive and highly dependent on increasing their money through gambling.
The major impact of greed is what leads to gambling and majorly,the pursuit of money in today's society is what triggers people into gambling.Meanwhile,Unmet needs, dissatisfaction and financial insecurity,all of these are regarded as the gambling starters.

The disadvantages of gambling is very enormous but let's speak of this current situation, it is greed that came over your friend.which has lead him to serious loss which he will not recover from, he would have spent his money wisely ,since he has failed to listen to his friends advice then he should bear the heart break alone, that is why it is important to limit your self when gambling so that you will not find yourself in such situation.

Gambling does affect your self-esteem, relationships with friends and family, physical, emotional and mental health, work performance and social life.

It's actually stupidity, believing that if you put a certain amount of money into it you can multiply it, in as much as there's a possibility to this it's just crazy that a lot of people fix their mind only on winning. They don't think about what happens if they end up losing the money. Gambling is all about luck and winning doesn't come by chasing it. It's difficult to win but just like what you said every win should be utilized wisely, do something remarkable with your profits cause you might not get so lucky again

Greediness have limits, but the thing is that we have to understand very well that gambling have a limit, for you to win big amount of money in the gambling is not all about Greediness, but is amount how much  you stake, Greediness come in way that you have given opportunity to cash out  in gambling but out of self interest you declined to cash out thinking that all the game will play according to your observations.

I think this mindset of a game coming from what some gamblers perceive as reliable source as you said has rendererd some gambler financially incapacitated, I think first and foremost a gambler should understand that gambling should not be taken as a source of income so that such gambler will not do things that are supposed to be frowned at while gambling, a gambler should learn how to be very desciplined, this approach will help to eliminate greed totally from such gamblers mind, what many gamblers are suffering today is as a result of not sticking to their original plans which may be resulting from either wanting to make more money from increased stake which might be unrealistic at The end of it all, in as much as know that in gambling things are easily said than done, am one of those gamblers that follow my gambling activities carefully to avoid being a victim of what I keep condemning.

It's like a curse when someone win in gambling, they will immediately turn it into a income stream, this is why some people turn themselves into big loser because of gambling, till today many people still don't know when to get up and walk away, they always want more.

If you win even after a few seconds when gambling it is a sign, what lies ahead might be a ugly outcome and moreover losing money is far easier in gambling than winning, so when wins happen I expect you to take a leave until some another time.

When you expect too much from gambling it will change you, unknowingly you might be more aggressive towards your own family, mood swings will take place at any time, you will lose control.

This is what happens to most gamblers, when they win a game, then they think that, they will win in the next games too, and thinking that they will increase their gambling amount, which ultimately leads to more losses.
Such gamblers do not know how to stop at the right time, and for this reason they can never enjoy winning. Because after winning, they keep gambling more with that winning, and lose their real money along with there wining money too.
There are also many gamblers who see gambling as the easiest way to get rich, their main goal is never entertainment but making money. When a gambler starts seeing gambling as a way to make money, then terrible consequences await him in his future.
So gambling should be kept in the right perspective, if gambling is played correctly, then gambling will never be dangerous, but when gamblers cross their limits and keep chasing only win, only then will gambling take everything away from them.

Any gamblers who is getting furious on their family might not be mentally stable because family should even be the cool off point for them because in family the love is unmeasurable, However impossible expectations is a very big disadvantage to gamblers and the impossible I'm emphasizing on is for those aiming to build estate through gambling without understanding there is another estate gambling has built on them because when the gambling is earning everyday and every week from someone is like the person has become tenant to it do the generation of money is getting from the person, so the moment they will stop being a tenant to gambling that's when they would have a low disadvantage, so people should only gamble wisely and not reckless.

The problem most people have is having much expectations from gambling, they don't assume it there's a chance of losing...Some people treat it like an investment, they are just confident that if they put their money into it they will get double of their capital, people with such mindset get addicted to Gambling easily.. social media has given people a wrong concept of gambling and this is the problem affecting a lot of people today..not everything on social media is really true and copying everything you see can wreck you.

Obviously, your friend became greedy when you were talking. Maybe during those times, he was very positive and confident that he would really win. Or maybe he felt that when he played,
luck was on his side, that's why he was so aggressive in what he was saying to you.

It's not that luck is always on our side when we play gambling, in reality, this is also the fault of others, so most of the time they always lose because they are also the ones who are really
at fault, that's why it happened like that. So his positive thinking about winning became his disadvantage, that's why he lost.

Definitely the odds won't be in favour of you in most cases  and he'll tend to lose more than winning having that mindset that he wants to double the money. It's so funny he saying before the money is exhausted he'll win more of it, that doesn't work in gambling and it's a sign of greed and one disadvantage i spot out of this is fear of loosing that has resulted in doubling what he has, beside he can win if he remove that mindset and gamble with what he can afford to lose.regardless gamble with caution.

99% of gamblers are sure losers and the remaining are just that those winners that have that been simply being lucky at the moment or time that they do gamble. The main disadvantage would be talking about getting addicted with it, because at the  time or moment that you do get addicted with gambling then you cant just that simply stop yourself on playing when you do get already been shackled out.

Whenever we do speak about gambling then it should be just that for fun and not for making money. The wrong thing for most people is that they do become that too impulsive at the same time they do become that addicted on which it causes up for things to be that get messy just because of wrong decisions you have made on. Always be that mindful about into the actions and be sensible on whats good on whats bad into the choices you do made out. Gambling should be fun and entertaining rather than to be that stressful because you are wanting to aim for money.

There's nothing to discuss about this matter because the majority like 90% of the people, approach the gambling in such way, and to be honest even sometimes I fall into that trap as well, but I don't bet big or win big so it doesn't affect me. Anyone who think they can beat the house will exhaust their balance, so just enjoy the winnings as much as you can instead of multiplying it further. Greed is what turns a good and lucky day into regretful ones just only because our bad decisions.

Realistically, odds are never in favor of gamblers in the long term, though. That is why when a friend of mine or even myself manage to score some money our of a casino the first thing I try to remind myself is about the dangers of greed and how it can easily to set us back to the start line of our gambling budget.
One needs to know when luck is blessing us and be able to withdraw from the casino to our personal wallets, and enjoy the money in anything which does not have anything to do with gambling or betting.

His friend learnt the lesson through the hard way and if we see this story on the bright side, it is probably he won't commit the same mistake in the future and will identify when he is supposed to withdraw part of his earnings for him to spend on whatever he likes..

The problem some gambles is that they didn’t wait to get the knowledge and experience about the gambling they just jump into gambling and get Luck to win, that’s why if not if it’s those that have been long time in a gambling they and knows in and out will not try to make this kind of decision; because a gambling is something that a person will relay since is all about luck.

I hope it will follow your the advices you recommended to him, as you said earlier that’s the plenty truth a gambling is not something that it will be winning every time or day is once a while; because it depends on how the person get lucky shall. But if a person can have a good plan after winning amount of money from gambling and divid it into so that it can able to take one part to invest in another thing.

There is no point in regretting after making a mistake in gambling. When you told your friend that he did not value you. It is not only your gambler friend who behaves like this, there are many gamblers who do not want to value anyone else if they have money and are not interested in following anyone's suggestions. But when they are calm, they regret all those mistakes. If you cannot do the work on time, it is natural that there will be losses. If your friend learns from the mistake and is careful for the future, then it can definitely be a great lesson, but if he makes the same mistake again in the future, he will have to pay. When it comes to gambling, the gambler should definitely gamble within control.

Gambling is not a source of income, many people consider gambling as a way to make quick money and a common human tendency is that they cannot be satisfied with what they get. That is why many people quickly become addicted gamblers due to excessive gambling. The more one expect to win in gambling, the more likely he is to become addicted.

Betting everything like that only brings negative Consequences , because of things like what happened to your friend, I always advise that you should withdraw Money in a casino When you win, it doesn't matter if it's a little, the idea is to have that money in our hands , and once you win , go, enjoy it, and go play another day, but with very little money.

This is why you people should set aside a bankroll for gambling instead of using money meant for other things, this is indeed a demerit of gambling..A lot of people take risks that might turn out to unfavorable to them, your bankroll or budget is supposed to be your spare money not the money you have planned to use for your daily expenses or other things..your other point too is valid, gambling can lead to psychological disorders when a person gets hooked to it

You're definitely right gambling has a negative effects on our mental well being so we should be careful when gambling because when we expose yourself too much to gambling we become addicted and addiction affects our mental well being gambling related addiction has been linked to mental health disorders so we should tread with caution when engaging in gambling

Gambling has its pros and cons just like everything else in the world but we still do them anyway because we find pleasure in them. It is very much possible to gamble responsibly-for fun and in a healthy way that doesn’t require breaking the bank.

For some people who are responsible gamblers, it’s not a problem because they know how to stick to their limits. But honestly, there are people especially in poor countries who are desperate to make money and end up going down the wrong path. Sometimes, they even see gambling as a good way to earn, when in fact, it’s the opposite.

So what I’m saying is, it’s us who shape our own fate here. Our actions define our future.

There are a lot of disadvantages in gambling, but I think one of the biggest disadvantage of gambling is losing our money. Because those money that we have being losing to gamble is due to invest it into something very profiting, or better still we can use it for important stuffs like wears and others. Because those money that we have been using to gamble is just like a waste, Reason is because we are not sure about the outcome. Secondly as a gambler and you fail to apply self control when gambling definitely it becomes a problem, which is becoming addicted to it and I guess you know what it means when someone is addicted into gambling, this are the few disadvantages of gambling.

Definitely, we do what we should do and that's to give ourselves some rewards if we've made profits from our bets. Those that don't take out what they should have are missing the whole point of gambling. We have to win and take that money because if we don't, we're mostly wasting it and we're not going to love the outcome of it just like the example in the OP. We see the blaming game at the end of it because of his ignorance of not taking his winning money but didn't even touched nor withdrawn it. That's why it is important to withdraw some gambling money that we've won, we deserve each penny of it.

Theoretically, your friend could have increased the money he won at the casino, so you shouldn't blame him for taking advantage of such a chance. Despite the fact that he lost the money in the end, he should remember this lesson well and will not make a similar mistake in the future.

Gambling irresponsibly has never given us a good outcome, but rather regrets and frustration. A reason why we don't have to take it easy with it and spend more time is that it will influence our minds. In fact, many people had started gambling just wanting to experience it, but unfortunately, they are now addicted to it.

We might find ourselves okay for now since we are spending small amounts, but we might not know that from time to time we are dragging ourselves into addictions as we never control it.

some people might think that withdrawing little amount of momey from a casino would nothing be but a waste especially if there’s some fees involved especially if you are using cryptocurrency that it would just be better to make use of that money by playing and hopefully making it double

Exactly, gambling has a strong psychological pull, it taps into human emotions like excitement and anticipation, but most of all, it feeds off greed. The more you're exposed to it, the more enticing it becomes, gradually increasing your desire to win more. Over time, that desire often turns into greed, making it harder to walk away even after losses. It's a cycle that can easily spiral if not kept in check.

It is just a big mistake if there are people who consider gambling as the source of income. Gambling is a place to spend money for entertainment purposes, it is not a place for earning money constantly. Even if we sometimes can earn money or win some prizes, there is no guarantee to have good result every time in gambling. Most gambling games are luck-based, we can't expect much to earn money with this condition. If we force ourselves too much to play gambling, it is true that we may end up with addiction problem and we may spend all our money. To gamble in a proper way, we must have some limitations. We don't blindly spend all the money, we shouldn't be emotional when we get losses. Must we must always realize that gambling is mostly for fun only.

Very true. It is actually the same as other things, there must be always pros and cons. That's why we must have good understanding about gambling. We must know the nature of gambling, we should know the way to deal with the bad sides of gambling. Sure, if we gamble for fun, we possibly spend smaller amount of money.

I believe the main reason why people easily get addicted to gambling is as a result of the fact that mojarity of them view gambling as means of gaining financial freedom and such it becomes and every day thing for them so regardless of wether they are losing all the time it doesn't really matter to them because they believe that definitely one day in the future they are going to succeed.

It is wise to set aside money for gambling. If you want to be fair to yourself and keep your income in line with your expenses, then each spending channel should be allocated according to a plan so that you do not lose or spend too much money. For those who do not spend it may be their own opinion but if someone expects to earn a small amount from gambling they should be prepared to lose.

To properly maintain your bankroll you should be mentally prepared with each of your alternative sources of income along with discretionary income and immerse yourself in a floating cash fund so that you do not become poor.

Definitely there are disadvantages to staying after winning. The more temptation after a win arises because you feel lucky or feel like you're on some streak or something but then surely most of the time you lose and that's never fun. If you don't leave you set yourself at a disadvantage to most assuredly lose any money you've had or won!

This is the main point. Gambling can never be our only source of income. We must have a source of income. Business or job. And we can take the risk of using the extra money from our daily expenses on gambling. But if we consider gambling as our only source of income, then we will go bankrupt very quickly. No gambler can say for sure that he will win. Most of the time gambling depends entirely on luck. Also, considering gambling as the only source of income will increase our chances of becoming addicted to gambling.

Gambling comes with several drawbacks. One major issue is its destructive addictive nature. Individuals who develop a gambling addiction may continue to bet until they exhaust all their resources, which can include savings, personal items and family assets.

Even more troubling, those who are deeply involved in gambling often resort to borrowing money to continue gambling after losing everything. Once they face bankruptcy, some may even engage in illegal activities to try to regain their lost wealth.

Additionally, gambling addicts often exhibit more violent behavior towards their family members compared to those who do not gamble. This can have a detrimental impact on the mental well-being of children and spouses.

Another significant drawback is the unpredictability of relying on gambling for income, making it challenging for gamblers to achieve financial stability. This uncertainty stems from the inherently speculative nature of gambling.

It is widely recognized that gambling can attract criminal elements and gangsters. Consequently, some gambling events may be rigged. The equipment used might be tampered with to favor a particular individual, or someone may use intimidation to ensure a win. In extreme cases, this can lead to violence including fatal outcomes.

It can be said that gambling encourages immoral behavior in society. Furthermore, gambling often goes hand in hand with drug sales and use. While licensed gambling establishments are not allowed to engage in these activities, monitoring them is challenging, leading to the occurrence of such activities at gambling venues.

Gamblers deserve to enjoy their wins, they need to see it as a reward for the risk that they take to gamble their money, gamblers loses more money than what they win, there is no need to risk your wins. If you check the statistic of gamblers that have used their wins to continue gambling you will find out that most of them lost everything back to the casinos, so take wins and enjoy it. If you believe this concept you will understand that because you have won doesn't mean that you will continue to win. Greed is a big disadvantage in gambling, responsible gamblers knows better than continuing to gamble with their wins.

Gambling has a house edge which means you are playing in discord against the casino. This is the clear disadvantage on gambling because you are exposing your money on high risk in exchange to have fun and profit.

Main reason why gambling what you have that you can’t afford to lose is not advisable because there’s a high chance that you will lose it once your luck run out plus greediness kicks in.

The disadvantage of gambling is that you will get rect once you are distracted.  So it is best to focus on practicing responsible gambling.  That said, enjoy and don't compromise the money that has already its purpose.  Gamble only what we can afford to lose.

Talking about what I have in hand, I do not think there are any disadvantages to gambling since I am the one setting the pace.  The amount of bankroll is ignorable since there is always this minimum bet which is less than a dollar if I want my session to last as I intended.

I can name a disadvantage, that hanst mentioned before - while you gamble, time passes by very quickly. Game is additive, interesting, exciting, popular. A person think he gamble for half and hours, but it turns that he has been gambling for many hours straight. Gambling is a time killer and a time stealer. People go down with head into gambling and dont see world around them.

It is a mistake to consider gambling as a source of income, with the fact that gambling will only make us lose money more often, then there will be no profit or money that is obtained for sure and consistently, it is something that is quite impossible to happen even though he has been gambling for a long time, the chances of losing are still greater and cannot be avoided.
I agree with what you said, the more people hope for gambling, the more people will be addicted to gambling and maybe these are those who are wrong in their perspective on gambling.

The disadvantage of gambling is that people lose more money than they win. There are few cases of people who have managed to make long-term profits when they have been involved in gambling, and most people when they lose, they chase losses. There are few people who accept losing without becoming angry or angry. Whereas in a normal game where money is not involved, people when they lose get angry, but they do not chase losses, so the psychological damage is less.

Gambling is not something that we have to stay away from. Although we know that countless gamblers suffered huge losses and addiction, still, it was not bad in general. It only happens when a person loses their mentality and control. Spending long hours and greed are major factors that affect their habit. If we could take action and control ourselves, gambling wouldn't cause any trouble.

As we make choices about what life we want to live. And before we choose to gamble, we also need to be certain of our plan. Just gamble responsibly, and we are okay.

One disadvantage of gambling is that you will never get your money when you lose it in gambling. I know that there are few people that most have gotten their loses from gambling due to the huge winning they had which clear all their loses and gave them huge winnings. Majority of gamblers are still in loses right now because that has been the pattern since day one. Gambling is not always profitable and when we tend to misuse it, we could get severe loses as a result of that.
If anyone wants to make money from betting, they should gamble less and reduce any form of excessive gambling which can reduce our risk of losing more from betting.

Dependency is indeed one of the disadvantages of gambling, trying to make it a source of income without having an actual job can be very detrimental to your mental health... Gambling with the little amount of money you are getting while being jobless can lead to a lot of other problems and one of them is being in debt.. someone who is jobless and in debt can be very frustrated with life and this is something gambling is capable of doing if you are not careful about it.

At first the only way one who's jobless can gamble is when he or she get unexpected money from somewhere, either from friends or anything. But it isn't advisable to Gamble with the little money you have hoping to earn and multiply it because the chances of losing the money you have on gamble is 99% while the chances of winning is too slim 1% and gamblers that chase their loss are gamblers that can't accept their losses.

What about cashback option? There are casinos, that offer high cashback % for their VIP gamblers. Some casinos even give 1/4 of lost amount back. In theory, if a gambler is lucky, with such cashback and several all-ins, he can get whole lost amount back. Add a rakeback and you already in a profit. I would not call a loss as a disadvantage of gambling. That is a part of gambling, a payment for entertainment.

To me gambling while being jobless is similar to commiting financial self-destruction, in my opinion. There would be a clear intention to make money out of the casino because the situation of the person and likely all the money which is going to be wagered cannot be afford to be lost by the jobless person. It is a very complex situation and unfortunately it happens very often in developing countries, in which it is difficult to get a job (even after completing high education).

Anyone who likes gambling is supposed to stay away from casinos, bookies and lotteries while jobless, not matter how big temptation is, because we all know how dark consequences can be for someone in such situation after losing their money to their bad luck.

It's not that time flies, it flies like lightning. It seems like I just sat down to play, and several hours have already passed. There were times when, in an attempt to recoup my losses, I spent more than 12 hours in a row on the game process. And that was not the limit. Yes, that's how much slots drew me in. Well, I just couldn't stop. I tried everything in a row in the hope of finding my luck. It also happened that I managed to hit a decent jackpot, since I already knew the casino by heart.

Once you practice irresponsible gambling, disadvantages start to show up. You will lose more, compared to your gains, and even end up losing everything if you don’t set your loss limits. And if you become a lot greedy with gambling, not only you will be prone to losses but gambling addiction starts waving in. Emotions become uncontrollable which could lead to impulsive decisions, that will cause you to lose all your hard-earned money not only in your pocket but even your savings account in the bank.

That's why it's appealing to people without jobs. As they manage to persuade themselves that it's a fast and credible way to make more money.
Their reasoning can be that even if they lose, they would lose small amount only. They however disregard the fact that those small bets add up, and people not keeping track of them don't understand how much they are losing.

In worst cases they win at the start and keep on rising the bets. Winning with those bigger bets would mean that they get instantly hooked.

In case of OP: Obvious positives and negatives have been mentioned already but sounds like reasoning with his friend is out of the table.

One of the disadvantages of gambling is when someone prioritizes gambling over other important things, even themselves. More than just losing the money you have, the biggest disadvantage in gambling is when you lose valuable time and also the people you love and the people around you.

When your money is gone in gambling, maybe you can get it back, but when you have lost the trust of the people you love and the people closest to you because of your bad behavior in gambling, then that trust will be difficult to rebuild. And when that happens, no one cares and sympathizes with you anymore, then you will lose the meaning of your life.

And stupidly, when they are at that point, instead of realizing their bad behavior in gambling and starting to try to fix everything, they are even crazier in gambling because they think that the people they love and also the people around them will come back when they succeed in getting a big win. LOL

Yeah, that is right. That is the disadvantage of gambling that we will not realize because the temptation from gambling is too big to reject. We will forget the time we want to spend to playing gambling and we want more and more even when we say that is the last round that we will play. I admitted that playing slots games make us difficult to leave because when we are in the win position, our mind will telling us to keep playing for one last round. Besides that, our mind will tell that our luck still behind us to help us to win more money. But that is not help us because that is greed that telling us and make us continue gamble.

Losses is  inevitable but that doesn't mean that they should happen constantly...if you are the type of gambler that follows the principles of risk management your losses shouldn't be more than your profits and of course make sure you are betting on the right games, decided to point this out because you can bet on casino games and expect this principle to work for you... Just like what you added, after winning you shouldn't put all your profit back into it, a little percentage should be used just In case things goes sideways.

The outcome of doing a thing like this is a severe addiction, because whenever a player who has no funds begin to beg or take loans for gaming, it shows the gambler can't control himself by waiting till money has been earned. Those who play to win so that they could pay back borrowed money are actually in a dip mess, which is disastrous and not advisable to start with.

Basically, gambling is a self-inflicted loss, especially when a gambler greedily bets repeatedly, then his previous profits on his bets start to be lost. The gambler himself is primarily responsible for this, and the loss caused by his greed will not be considered a negative consequence of gambling. However, it is not possible to say that gambling does not have bad effects, but a gambler can use gambling correctly if he wishes.

A student will never be able to use gambling properly because he has no alternative time to study during his academic period, but if he gets involved in gambling during this time, he will definitely fall under the bad influence of gambling. However, if someone participates in gambling solely for entertainment, without being overly greedy, they will certainly be able to gain positive experiences through gambling.

They will learn their lessons very fast if they will follow such route in gambling. If you have no more funds, stop and just go back when you have more. Otherwise, you are putting yourself to a terrible financial mess. And when you are at the point where you have such burden, for sure, you will swear that you won't put yourself again in that kind of situation.


Need to be conservative because if not, you can easily lose all your bankroll in this game. As much as possible, set aside some winnings and call it a day if you already reached your limits, in terms of losses. This is not a race. So better check your financials before you lose yourself in this addictive activity.

Speaking of the gambling nature of most of those gamblers in the developing world relative to those of advanced industrial countries the issue of employment opportunities to the context of gambling intentions is structurally different. I may not have the data to support this assumption but the indices expresses that a good number of those that gets into gambling do it as a means to make earns meet through it and not just about fun or entertainment and this is as a result of the scarcity of employment opportunities to the teaming populace. Very a few gamblers there do it for the passion before the reward.

The entire thought process of gambling to make money is harmful. I dont know if you can classify this as "disadvantage" in terms of a method to make money or just a con in a pros and cons list.

For me, this is how the casino math works, you are not supposed to make money there even if it seems to easy to make it there.

Gambling is defenitely not a method to make money for the player just because of this.

Those who think like this about gambling, and see gambling as an easy way to make money, they will never be able to keep themselves away from disaster. Disaster is certain for them, once if a gambler become deeply addicted to gambling, then he cannot easily get rid of this temptation, they will continue to gamble continuously to get rich and just increase their losses. Most gamblers who have gambled with this kind of thinking, they all have never achieved success, rather they have suffered a lot of financial losses. I have never seen a gambler who has improved his life by gambling, so instead of thinking of gambling as a way to make money and getting out of this wrong confusion, try to understand the right thing and gamble only for entertainment in a limited scope, this is the right way.

The moment a gambler who does not have money begin to think that gamble is a source of income, they do some irresponsible things just to get money so that they can gamble. However, if one takes a loan to gamble, there's a possibility that he will never win to repay the money he or she borrowed because there's no guarantee that he might win to repay. When a gambler uses borrowed money to gamble he whole intentions will be to win and pay back which is impossible.

That was a superb advice you gave there. It's good to always take out a part of our winning and invest such in an offline business. Even if it's not in an offline business, let it be on something unrelated to gambling. Except one's already into trading, it won't even be nice to take out win from gambling and start trading with it because that gambling mindset will still be there. Such a trader would unconsciously be taking uncalculated and unmitigated risk because that long-suffering of patience that goes with trading won't be there.

I think OVER greediness is often the case here. If every gambler can curtail over ambitiousness, expecting to always win without being contented with the little wins they've have here and there, most losses and addiction would take care of itself by itself.

Yep thinking about gambling to make money is dangerous! Because if they lose they will keep playing and keep chasing losses until they make a profit... of course there will be more losses right?
But I think many of these gamblers are not about earning here.

Hah, it's not easy to earn here... the game is easier but winning is difficult. ;D

Just for fun... no more than that.

Whenever a gambler start taking loan to gamble, it means that he's already an addict, because why will you want to gamble when you don't have money. Addicted gamblers are always in the mood to gamble because they cannot control themselves. This is why it will be impossible for them to pay back the loan they took, because if they're making profits, they will not stop till they lose all the money.

The main disadvantage of gambling is the material in the form of money, especially for those who gamble online. Some offline gamblers can lose in different forms, such as betting their motorbikes, watches, cars to other valuable items and that is also worth money. I agree that the impact of losses from gambling can be minimized, but their mindset about gambling must first be changed.

If they aim to make money from gambling, then no matter how much money you have, it will all run out due to defeat. Victory will not come every day and it may be true that you need to withdraw some winnings from gambling to invest. But anyway, greed is very difficult to prevent in gambling, that's because they think they can win as easily as before.

If gambling is about winning and losing then losing isn't really a disadvantage because it's something the gambler did knowingly. Gambling is 50/50 you can either win or lose, it's an outcome that mature gamblers prepare for mentally. When we are talking about the disadvantages we mean the effects of gambling has on people, one of them is the addiction, a lot of people are addicted to gambling and it has to lead to stealing and other vices.

Huge huge disadvantages I would say especially for people who keep playing slot machines and never seem to learn their lesson. As I have said before I have not been playing slots anymore since early January of this year and I am very happy about it, yet I received a bonus from a casino where I have not limit myself for eternity like I did in Stake and what a surprise same shit happened also on that other casino and the provider was the same. The same can be said for many other aspects of gambling, they distract you from reality and keep you dreaming about a non existing reality which is that you will hit it big someday, that is the biggest like just like the people who think that they will never get old.

In my opinion, the main disadvantage of gambling is that it creates the illusion that it can be a source of constant income. Gambling is somewhat similar to business and entrepreneurship (although it is neither).

This is a very dangerous illusion! It is this illusion that makes the player not stop gambling after a big win (which is certainly a reasonable and logical action), but continue to play until all their money is completely lost.

The thesis - "To earn money, you must first invest money" is applicable in business and investing, but is categorically not applicable to gambling.

In my opinion, it is advisable to initially consider gambling as training, which is aimed at developing risk tolerance. Then the player will not be disappointed, and material losses will be minimal.

Is it really disadvantage of gambling itself if it is us that makes this mindset? We are the one who makes the difference so we can't completely put the blame on gambling as a concept why people would think they can make profit from gambling.
It is easy but it would not be often. It might come once a week or once a month. But you do not need to do anything out of the ordinary to win money. That is the point.

I understand how you feel right now taking such a great bold decisions, taking a break from a particular thing that seems to be eating up your money and time is quite a great  relief, I remember when I was almost addicted to sport betting, that time I always lose more than I win and at that point I will be under pressure to keep gambling, trying to chase my losing or to recovery at least a bit from my loses.


Not known to me, that taking such step will further affects my peace of mind and even records me more loses than I already lose, so Making up my mind to avoid such an engagement help refresh my thoughts and memory that is why, I can now boldly say that, it is better to gamble for fun and not chasing the bag.

I couldn't even imagine that this would happen to me. That I would become so addicted to gambling that I wouldn't notice how not only time but also my life flies by. That I would forget that I have family and friends. That there are things that are dear to me. I didn't even think about it when I went into an establishment with slot machines. Back then, it was an offline casino. I was completely immersed in an artificially created atmosphere where there were no windows or clocks. That's how I spent my time for days on end.

The main disadvantage of gambling is that you lose all your money if you keep gambling.

If you manage to spend less, then the second disadvantage of gambling is that you lose all your time.

You could be spending that time doing other things that actually bring you money and happiness.

And the third disadvantage is that it usually makes you lonely, as your friends and family will probably not be there with you gambling 24/7.

Have you noticed, that online casinos give a very detailed information about every action you have made, bets, favorite games, amount wagered, win:lose ratio, currency used, everything, but they never show the amount of time you have spent gambling. While gambling, time flies like lighting, that what you have said, I can compare it in some way people play video games. Video games platform like Steam show how much time player spend in a game. I can draw similarities between gambling and video gaming addiction by time spend. I have a friend who has spend total in two games more than 10k hours, that is more than 400 days. Can you imagine, that lets say 1/70 of a life that person spent sitting behind monitor giving orders to virtual creatures... Gambling is the same time stealer imo. People waste years of their life watching fruits spin...

Gambling can indeed be very addictive, and the sad truth is that you wouldn’t even know you’re on your way to addiction until you find yourself there. sometimes, some people are there but do not even know that they are, and even they are told, it may likely sound like an insult, because they might feel like they’re actually in control or whenever they play or lose, they’re one step closer to hitting that huge win, and this fallacy could go on for as long as possible, until the day they finally take a quick break to think about how much damage this practice is really causing them.

Oh, yes! I can imagine that a person is able to spend a lot of time gambling. This happened to me too. I remember it and feel uneasy. From the fact that I devoted so many hours to slots that completely captivated me. I could play until hunger or other human needs forced me to get distracted. I did things and came back again. Just a real addicted person who only thought about the game.

Yes, today I also play, but I approach the process with awareness and understand what is happening. I am aware of my actions.

The chunk of those who see the casino as a working environment and therefore approach it with a income source mindset are probably lazy minded and very unambitious in life, or at worse addicts chasing losses, because I personally do not see any reason someone would prefer to live by chances and at the mercy of the casino instead of going and making a living from skills, business or other seemingly financially rewarding prospects that can sustain him for a very long time and even give him more money to gamble.

If there is a way government can provide laws to ensure that everyone who engages with a casino must be earning a good living outside the casino, I think it would help relief us from this madness called taking gambling as a full time job.

Maybe such statistics would be true for those who play directly in the casino, like the slots that you mentioned, but for betting this can be inaccurate statistics, because I am many players who choose a bet outside the casino. They spend a lot of time analyze the matches and choosing a bet, in fact, you can spend hours on this, and go online just to make a bet and it will take only a few minutes.
In fact, any activity that is associated with money requires a large time of time, people spend a lot of time at work, with gambling this can also be relevant if the player is good in this, and can earn money from this.

A law that will force me to earn a lot if I want to engage in gambling? First thing is that this never going to happen or work as planned. Government can not force someone to earn. Secondly, earning a lot does not guarantee that person will gamble more cautious, more smart. It will lead to people gambling with larger amounts, that is it. Casinos will win again if such law will be accepted. I think we had that kind of discussion in rich vs poor gambler topic once. If poor gambler plays low bets, it does not mean that rich gambler also gambles low bet and bet pennies.

If you spot out the advantages you can as well detect what's to be the disadvantages,and some advantages of gambling are winning, fun and easing stress and lots more so then the disadvantages from this is spotted to be loosing on a daily basis if not controlled then anything you find yourself doing with so much joy can as well get you addicted, so addiction is another disadvantages and irresistible acts of greed cause of wins,and for your friend I think he's having a wrong concept on gambling.

This is a big disadvantage for gamblers who have that mindset, it can be very frustrating if your mindset is basically to make money in gambling and it's not working out. This is the main reason that leads to chasing loses because you will want to recover loses first and then start to make money but unfortunately it doesn't happen often. I want to believe that most people starts to gamble initially with the basic aim of making money through it but if it does not happen they will find a convenient reason to remain in gambling. This is why most of us gamble for fun, as we cannot win all the time we can as well entertain ourselves everytime we gamble.

No, it's not just the loss of money that's scary, but also the loss of personal time, which is spent in huge amounts. Hours fly by so quickly that you don't even have time to blink. You don't notice it especially when a certain atmosphere is created that encourages the player to stay in the game as long as possible and not notice the rest of the world. This is the greatest danger with all the ensuing consequences.

The process of gambling to make money its indeed harmful and problematic because that will eventually leed to building false hope and wrong emagination and perception. And of course it should be classified as a disadvantage method or making money. As a matter of fact any thinking that looks to good to be Truth about gambling should be treated as a threat or disadvantage to us because it can leed to emotional diverstation when it  end up not playing as expected.

It does end well for any gambler who thinks they can easily multiply their gambling money won through gambling more. I don't feel pity for those kinda people who allowed their greed to control them to gamble consistently without thinking of "what if" I gamble, and it didn't work as planned to win more.

That being said, this is a lesson to learn for those who think they can actually bet to win more without having a rethink about their actions that gambling losses are more than wins

It is a misplaced priority for anyone to prioritize getting a passive income through gambling, eye witness and observation to those who has went through this part even long time will started gambling, while gambling at some point can give a player winning being overly confident of getting money from it is entirely an odd or part one shouldn't attempt to fall for, while it can be difficult to exercise this self control the disadvantage of it can be massive, every gambler is prone or vulnerable to become addicted to gambling and we all know what that can do to our life generally.

The funniest thing here is that if he had won, he would have said the exact opposite. He would have said that you gave him bad advice and that he did the right thing, but gambling is almost always luck in the center. However, I rarely try to give advice to friends regarding gambling or investments, because it is connected with money, but even investments do not guarantee us earnings. Friends can then also start blaming us for the fact that they lost on investments, and the neighbor won in gambling. Everything is relative, and I do not want to bet my friendship on this, so I am extremely careful. However, there are players who do not learn anything.

Gambling isn't for profit making, because the casinos are out for business looking for your money. Do you think that casinos are dumb enough to be generous with their investment. This is why a gambler should think twice before he starts chasing his losses, so that he doesn't end up losing all his bankroll. Gamble for fun and enjoy the game without feeling cheated.

Of course, when it comes to financial advice, we should not give it lightly, even if we managed to make money, because it does not mean that it will always be like this. However, investments look better than gambling, specifically for me. Some people will not want to invest at all, but will prefer to play with great passion and get great pleasure from it, and will not be very upset even if they lose. I can give advice to friends, but I will try to do it in such a way as to protect them from obvious mistakes, but at the same time not influencing too much so that they do not accuse me of giving them bad advice, this is the best solution.

Well, when the issue of withdrawal fees comes up, that's a different story. In that case, you have to do what you say, or to avoid forcing things, you can leave that money there and try to play another day and if you win and if it's enough, then withdraw it. But in general terms, the idea is to have tangible money won from the casino. Believe it or not, that gives you a lot of satisfaction , The fact of having the money there in our hands is a great incentive.

We have only ne disadvantage of gambling which is losing of money, so for as much as we set our boundaries in this direction I believe that losing t the end will not have so much negative impact on our overall gambling experience since for sure we already knows how to avoid this single disadvantage and the way t avoid losing is to only gamble for the fun and not t chase whatever directions.,  learning control ourselves and also staying ahead not to lose consistently makes us to win all the time regardless of the outcomes of our games.

Indeed. It's a business therefore in order for them to increase their revenue, they need gamblers to spend their money on their casino and lose. Because that's how their business will survive. On the other side, gambling is not a way to earn a stable income. Thus before playing we need to keep in mind that the chance to lose our money is quite high so only use a small amount, the money that we can live without.

I think most people get into gambling exactly for that reason, to multiply their gambling money.

If it was just for the games, they would probably just play those free games instead.

In reality, those free games are not as addicting as the real deal when there's money involved.

Greed is one of the main drivers of addicted gamblers really.

Maybe the disadvantage of gambling is that they think that gambling can be a source of income, even though it is not really realistic.
This is what is still used as a reason by other gamblers why they gamble.

It is a sad thing that instead it is better to gamble just for fun and entertainment, at least no expectation to be happening and if you are lucky enough to win,
for sure the winning is just a bonus.

Yes, it's a fact , things are like that Personally, I've always said that this feeling of greed is one of the ones we Should try to Keep at the Lowest Levels of all , the underground , because if we let it take off, it will Cause us to lose a lot of money, well, all in All.

When Gambling , we must be people who take care of our Money, not people who must always hand it over to the Casino So , in Order to achieve this , we must learn.

Many people say that they gamble just for fun and entertainment, but is that really true and is it as easy to do as they say? Honestly, I doubt when someone is just gambling for fun and doesn't care about winning or losing or having any expectations.

To me, I don't see anything wrong or shameful about gambling for money but gamble responsibly and in control. We should only spend money that we can afford to lose, and that does not affect our daily needs and lives.

Or we can say that gambling is a combination of entertainment and making money but whatever the reason, let's gamble responsibly and we will be fine.

You can't outrightly be correct with saying that it's a misplaced priority to see gambling  as a means to earn passive income because for some persons it works so well for them and so they see it as a priority them. Some do make passive income from it and so inspire others to want to give it a trial and attach some level of priority to it. The disadvantage to gambling is one which many persons are aware of, even active gamblers such that will confess to the fact some times but that self control which many finds difficult remains the most challenge for many to handle.

When gamblers start to consider gambling as a priority and become passive income, then the gambler is in the wrong situation. Some gamblers do get some pretty big wins, but that doesn't mean the gambler changes their thinking about gambling as a priority. The activities carried out will be more detrimental to the gambler, because we never know how consistently a gambler can make money from gambling.

There is uncertainty in every bet. Therefore, it is definitely wrong to consider it as a source of income. Some gamblers may question whether professional gamblers consider gambling as a source of income. It is true that there are some gamblers who earn through gambling, and there is also doubt whether their number will be 1% compared to the total number of gamblers. Moreover, those professional gamblers may have more than one source of income. In that case, even if they lose in betting, they will spend their life depending on some other income and will gamble again later. If a gambler considers gambling as a source of income, I think that is one of the biggest mistakes.

You are absolutely right, The casinos weren't designed for anyone to make money from..my mental construct might be a little weird but I always think of it this way, anytime you win from the casino it's a mistake or should I just call it luck lol... winning isn't really something they want gamblers to get, it's you vs them.. Thinking of making money from casino games is a push to self destruction and having such a mindset can lead to Chronic addiction, this is one of the disadvantages of getting hooked on gambling.

some gamblers have taken gambling to mean a way of making money and some have even gone to the leght of taking gambling as they means of making livelihood this is is somewhat a wrong mindset, and the reason why most of the young gamblers are getting addicted lately, is because of the sole purpose of gambling to make money, it's indeed highly harmful to the gambler and we should try as much as possible to limit the level at which we allow our greed to have control over our thoughts process.

That's a reality, I don't know if you remember when the Betfury casino started that the more tokens were accumulated, the more passive income was obtained in crypto, and if that was fully fulfilled, they gave a percentage in crypto, it's the only way I can see passive or affiliate income, otherwise I don't see passive income in a casino, but playing in a casino is a risk of winning or losing, that's what must be clear and not confused.

No matter the angle we all see gambling from the most important thing we all expire for us to keep making profits because this is what determines whether we are successful or not as gamblers. Gambling has it own advantage and disadvantages and I don't think there is anyone that ought to face the disadvantages of gambling.

Addiction has been one of the disadvantages of gambling and we ought not to get close because it doesn't work the same with everyone. There are gamblers that are able to work on themselves after a short term of trying to fix their addiction and go back to work. There are people that would take years before they are able to be free from gambling addiction which has destroyed so many people's lives.

I think all gamblers must have clearly understood the risk of losing what they bet on gambling. Gamblers can lose or win. Those who are not ready for losses should not bet anything. In addition, gamblers also play an important role in managing their own finances. Gamblers determine whether they will lose more or not. Some gamblers may consciously put themselves in a difficult situation to bear greater losses.

In my opinion, greed is a disadvantage in gambling. As you said above, gambling is not something certain, so it requires mapping or early planning before regret arises when all the money belongs to the Casino.
Winning is luck, while losing is a certainty. Every money won is a return of most of the money that has been spent before, but some gamblers forget to accumulate the amount that has been spent with the money that has just been won, finally greed arises.

But sadly, that's not true. I wouldn't be interested in pointing that out, but you made clear emphasis on them. A great number of gamblers don't even read instructions, not to mention the fact that they're able to evaluate the chances in the game? I'm afraid not.
Further ways proves that are found in some of the post I read in here about how gambling really works. Most people really feel they can manipulate the system in their favour -- even if they know they can't.

The advantages of gambling? It depends on how you gamble -- if you're a degenerate gambler, then there's not going to be any chances of gambling having an advantage to you... I don't know if that's makes enough sense in correlation to your question.

Gambling as no disadvantages than the casino always winning but this question is more suited for gamblers not gambling, the biggest problem that gamblers have is greed, when your win prize isn't enough for you and all you can think about is trying to win more and in the process you end up losing everything.

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You can't even guarantee that you will keep winning, gambling is the last thing you want to rely on as a way to make more money, be happy you win and use it well, don't be stupid and drop everything back into gambling, this have ruin many people and they still don't learn.

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That's what they all think, when they win big like a thousand dollars they will think that risking hundred dollars back will bring them more money before the thousand dollar runs out, I've seen such play before.

The moment they don't have self control over gambling it means that they are already addicted. It's better to try hard to gamble safe if you are just begining to gamble because the moment irresponsible gambling get use to you it will not be easy to quit or control it. Actually you are right about addicted gambler because if they are not addicted they won't borrow money to do it.

Exactly, no responsible gambler will borrow money to gamble because he knows that gambling is not a compulsory thing in his daily life. This is the reason why gamblers are advised to only gamble with little amount of money that you can afford to lose, so that you can control your emotions. I am a victim of addiction and that's why I keep on advising gamblers to be careful with chasing their losses.

Since you claim yourself to be a victim of addiction to gambling, I am curious. When you got addicted to gambling and you were touching rock-bottom, did you also asked for loans in order to gamble? or are you giving these advices just by common sense?

I have only been a couple of people here in the forum to have asked for loans to gamble and show proof of it (screen captures of transactions and losses). So to me, it is actually unusual to encounter someone who claim to have asked for loans to gamble and give proof of it.

Still, I hope it was not your case and won't be the case of the majority of people participating in this section of the forum, though. :(

From my perspective, gambling has more drawbacks than benefits. The risk of losing money, along with becoming addicted are far more superior disadvantages than our own entertainment. I believe most of us have read stories or know people in person that have lost a fortune in gambling, I've personally had a few. Don't get me wrong, I'm not against it, there are always advantages depending on your perspective, even smoking provides benefits that a non-smoker can't comprehend, the same rule applies in gambling as well.

You will see the positive side of gambling if you know your limits in this activity. But once you are too deep in this game and you resort to borrowing money from others, you will surely see all the negative aspects of gambling. There are so many disadvantages as discussed countless times. Now, it is up to you how those disadvantages will apply to your games.


We can always correlate a negative side when we are having trouble with gambling. But you can see some positive aspects when you try to play within your means and not being restricted with your funds as well as not thinking that you need to recover such funds after losing. So we can always see the disadvantages of this activity especially when we are on the losing side.

If we win a bet, the money is ours be it small or big, what to do with the money is also left for our own discretion, we may decide to gamble with it the more, spend it lavishly on drinks and women or invest with the money, but once the whole money has finished, then our eyes will clear up and we then can know what we have missed out, some have the opportunity of been advised, but turned a deaf ears, while some would have invested with their money and have a change in life for maximizing their opportunity.

There are players who will never have clarity, they will continue to spend on different things, and I have no right to blame them for this, because they themselves choose what to do with their lives. However, of course, investing can help many to increase their investments with proper management. There are also various stories, even when players lost money when investing, because they could not stand the too slow growth or fall in the price of an asset, and there are also cases when a player could make a thoughtless bet in a casino and accidentally win a jackpot. It will only be important how these players will behave in the future, whether they will be able to save this money or continue the game and lose.

If we do try out to make up some counting about in between advantages and disadvantages then i do really that agree into your approach that gambling does have that more disadvantages rather than on advantages. We do know that when it comes into this aspect then it does give out that kind of negative than on positive but somewhat you can be able to avoid up these things if you were that sensible or responsible towards your actions. You wont be having any issues with it if you are just that treating gambling to be that some sort of fun and not that making it as a source of income. You would definitely be facing up some problems at the moment that you do become that irresponsible towards your actions on which it will be that resulting into that huge amount money loss if you arent that mindful about it. So its always been best that you should know about limitations.

Since we are at a disadvantage compared to the casino, it does not make sense to play constantly, it is a better option to use some of the money you earn for investment or just for fun. If you try to earn more money than you earn, you will eventually lose, this is a fact. This is the dream of many players who are new to gambling, after earning some money, they want more, and this is or will be an unforgettable lesson for many.

Certainly, the worst of gambling comes with addiction and lack of self control. Someone who's knowledgeable and plays a few times per week, or places a few bets on football matches.
Certainly, there's no point in arguing regarding gambling's benefits, everything is okay in moderation. The negatives start when addiction takes place. We just need to acknowledge that it's a risky industry and in practice, it doesn't have many (or any) advantages. I'm saying that many users here rush to point out how beneficial it can be.

The disadvantages of gambling are very much and tends to negatively affect every part of the individuals life ranging the mental health of the individual been tampered and becoming unstable when addicted to  the finance of the individual which tends to go down due to the sell off properties and Even going into depts just to to be able to foots his bills of gambling. Gambling also affects the social life of the individual. Sometimes failure to meet up with the gambling activities makes some very addicted gamblers commit suicide because of frustration and anger of what they have done in the past.
Gambling is good to be involved in but getting so much addicted to it, thereby changing the entire life of the person negatively

It is not a bad idea to use the money you’ve won from gambling to gamble again but what is not right and could be disadvantageous is using all the money back to gamble without separating the one you can risk only into it. Seeing the big win will make you to take risk more than which you can bear to gamble which is not a good sign of someone who knows how to practice risk management. My advise to such person is to not allow the big win to get into them. Let them use the money they profited from gambling for themselves while waiting to play another game from the income they usually set aside for gambling to play another game. Winning once doesn’t mean you’re win the next time it will continue to win consecutively. So it’s better to make decisive decisions from your wins and approach to your gambling games.

I think the major problem here is people think they can replace money easily which is not, and they thought gambling is the key for making more profit which is also not true again. They spend a lot of money because of that mindset, and they go whatever they think is good. Being greedy is a major problem in gambling, thinking that you can win every game is like digging your own grave. Don't always forget that online casinos have the edge every game and you shouldn't risk a lot. If you loss control, then it's gonna be a huge problem in gambling.

This type of mindset is the cause of gambling addiction which is a major problem that is affecting the gambling population especially the youths because most people believe that gambling is an alternative to their present economic situation so they engage in gambling without taking any precautions especially when it comes to spending their money and these people loss the more when they gamble the more thinking that they are going to make it through gambling

But there can also time that these knowledgeable and able to control themselves could lose their control at times.
While those addicted gamblers, they're already out of their control and just does what they think is right.
And looking at the ending of themselves, they end up worst and losses more.

The mindset that you said is a mindset for those who have the wrong view of gambling where they see gambling as a shortcut to gain profit when in fact it is just a means of entertainment that does not promise to gain profit for sure, but with those who have the wrong view thinking that profit is something that is certain to be obtained even if they lose it does not stop them from gambling.

Maybe one of the disadvantages of gambling is that some gamblers become greedy, become addicted, have false beliefs, though the things I mentioned can be considered
the choice of each individual.

But this is just according to my assessment, I am also not sure if this is one of the disadvantages of playing gambling. Although I only gamble once but it is okay even if I lose
the money I gamble because I am just pursuing it for fun.

If we start finding with the desire to find the disadvantages of something, then I am sure we will have disadvantages even in a good thing.
So in the case of gambling, there will definitely be disadvantages, but in this case the disadvantages are more serious, such as gambling addiction, loosing self-control while doing gambling.
Because there is money involved here, if our greed is on a high scale, then it may happen that we will invest the amount of funds that we cannot afford in gambling due to our greed and later lose all the funds and end up in a disaster situation. And as a result, the negative consequences we may experience are constant family conflict, depression, and lack behind of the success in life.

It is actually one of the disadvantages when a gambler becomes greedy.
But knowing the reality of gambling, this happens easily to those that have no control of themselves.
And when they're out of that control, the whole disadvantage is on them.

The first thing you mentioned is a serious issue that leads to addiction but a lot of people don't take it seriously. They feel like spending a few change won't hurt but accumulatively those monies you think are less than a Dollar can be a season significant amount. They probably hear about how someone won millions with a small amount then they start chasing their own wins forgetting that it's something that can't be forced. Luck happens on it's own but people are too desperate for it.

The disadvantage of gambling is giving it a different meaning, and it will always lead to loss and regret. If you are not having fun, not accepting gambling outcomes, and not gambling with the amount that you can afford to lose, then I think this can be a disadvantage of gambling. The disadvantage of gambling is a style of playing that can lead to debt, emotional stress, and mental turmoil. Struggling in gambling just to win by all means is a downside that every gambler needs to avoid.

Loss and regret indeed and if you arent that good when it comes to management or simply talks about your capital then you will definitely be blowing it out in no time. Disadvantage about gambling is mainly be that talking about losing money and its inevitable not unless if you are that on extreme luck then there's chance that you might be able to become that profitable or having the money but most of the time on which gamblers are always on the losing side and thats why its important that when you do gamble then you should be that making use of the amount that you can afford to lose.

Disadvantages will be talking about financial aspect most of the time, plus on the moment that you do become that addicted with it then it do also affects your psychological aspects and same
goes with emotional too on which at the moment that you've become that too impulsive into the actions that you are currently dealing on with. This is why its important that you do really know
into your limits at the time that you are dealing with it.

The worst thing about gambling for me personally is the strong bias governments have towards favouring the house over the player whilst simultaenously really trying to minimize the risks associated with it and reducing the harm. Typical nonsense you hear in a lot of western countries like the UK and US. The deep anger i have for this blatant bullshit stems from 1 primary component, and that is the complete failure to address the one thing that would actually help people ((UK)not nonsense like slowing spin speeds, removing auto play, removing auto cash-out, banning crypto gambling (UK)), is changing the fucking laws regarding how companies lay out their terms and conditions. Even the biggest names in the business manage to get my blood boiling with the absolute abhorrent use of word play or filler content to hide the meaningful terms within it for the sole purpose of trying to ensure the player is either uninformed or misinformed.

There's something crazy about gambling with such a mentality of multiplying what you have to gamble, doing this would make you lose more than you expect. Some people spend money on things they need then they try to get the money spent by gambling, this is actually a very stupid thing to do because it's only going to make you more addicted to gambling.  Having high hopes of becoming stable from gambling is a delusional thought.

It seems to me that there are three types of people trying to make money on gambling: beginners (dreamers), gambling addicts and professional gamblers. The first are deeply mistaken because they have not yet gained enough experience to realize that gambling is primarily entertainment, which requires a gambler money. The second have psychological problems that are very difficult to solve on their own. And the third are devoted to gambling all their lives, are highly disciplined and approach gambling with a systematic approach. Thanks to which they can earn. Become a professional gambler can not everyone.

Every gambler needs to constantly remind themselves about the importance of being in control but if they always gets tempted to gamble irresponsibly without discipline to stay in control they can become addicts. If the urge to gamble irresponsibly continues like chasing loses and using huge amounts, it is best for the person to take a break or quit gambling. It is easy to get carried away while gambling whether the gambler is winning or losing, they are always greedy to chase loses or want to win some more, so self control is key.

However, someone who gambles has the same chance of addiction as the chance of addiction that is wide open whether they gamble responsibly or not, at any time they can experience loss of self-control and I think this can also happen to those who gamble responsibly, so the key is in ourselves who do what kind of gambling and what our views on gambling are like.
With the beginning we have the wrong view on gambling then worse things can happen.

That is why I am always for players not to give up, but to try to improve themselves, learning how the casino is arranged and how it works, watching videos about those who lost too much and their bad experience, improving emotional intelligence. This is what helped me a lot, even communication on the forum, here, helps to improve a lot, because everyone shares their experience of the game, and this is very important and valuable. Of course, I am not an expert, but you can consider various options, such as allocating money only for the game and if we lose it, then do not add new money to the game, for example, those that we have in investments.

But I have never met anyone who can directly influence people directly, who can, without external influence, accept the world as a proper event and not worry about what will happen next. It would not hurt us all to follow that path that sent us in the right direction. Oh, it's a pity that we all need to learn a little more about the basic things that make us human and distinguish us from animals.

They don't have to do any other thing when they've been spending huge amounts and the return is nothing, nada.
That means that they're on a losing streak and there is no sense to them anymore to gamble at that time because that's it.
But if they insist and they're fine with that, that is their decision and they are responsible for themselves if they get more losses.

we have people who come influence others but the thing is that there are not many as we may think but we have people who controls other people emotion, they will influence you they will deceive you for you to do their wish so we have so many persons like that who can lead you to do what is not in your mind to do and what they want is what they are desperate to achieve from you and that is why they will insist in order for you to agree with them so once you agree with you them you have been influenced, I know quite well that we know many people who are like that if they don't influence you they will never leave you alone, know that some people never come to gambling by themselves but the gamble because people introduce them and they people also influence them to do so

Let me tell you one thing; people who have self-control don't need to remind themselves of anything because they will realize it when it's time for them to stop and back off, and those who lack self-control, it wouldn't make much of a difference for them even if they keep reminding themselves frequently about the negative consequences of them getting carried away because even if they remind themselves a few moments before they experience a good enough loss, they will still lose control and make rash decisions right at that moment because of the urge getting the better of them.

What I'm trying to explain is that it's all about our nature and how we've grown up. If we grow up being patient and having self-control for everything or anything we do in life, we will have the same stance in gambling as well, but if it's the opposite of that, we are not going to change all of a sudden, and our true nature will always come out no matter how hard we try.

From all this what we must focus on is that we cannot think that we are going to win all the time, the casino will always have its house advantage, and from then on what we must understand is that, winning is what we are looking for, anyone who enters a casino and does not want to win is lying , well there will be cases where there are strange people , but that is not enough, but we must be aware of what we are getting into and what our possibilities are.

First of all, I will say that should use a very limited amount of money for gambling, such as 1% to a maximum of 5% of income. Then I will say that gambling should be for entertainment and gambling should not be done outside of entertainment. Here, the decision that your friend made was a completely wrong decision. If he had followed your decision, your friend would have been in a very good position in gambling. The money won in gambling can be used, but a maximum of 1% to 5% and the rest should be withdrawn and kept at home for good purposes. But your friend was so addicted to gambling that he thought he would win the next bet and earn more money. Here I will say that his greed forced him to lose and such greed is common among people addicted to gambling.

From what I think and understand, the disadvantages of gambling are using excessive money to gamble. Gambling again later with the entire portion of the winnings. And participating in gambling two or three times a day. All these seem to me to be disadvantages of gambling.

I agree. Who don't want to win, right? It's already given and a goal for majority of us that's why we gamble. However, we should not expect to win all the time because it's not easy as it seems.

Therefore, gambling can't be a way to earn money because you need luck. If you happen to be lucky and win a decent amount, just stop and enjoy your profit. That's the right thing to do, the reason why discipline and self-control are necessary.

That's what I mean, gamblers need to be aware of some possibilities that occur when they bet. Gambling is not a way of investing where, when we have deposited, then we will get a profit in the future. You are right, gamblers can't think they can always win. Sometimes we are lucky enough with some small wins, but we have also experienced bad luck with annoying losing streaks.

The real loss when we gamble is experiencing defeat or losing the money deposited, with the definite goal of most people gambling is to win but there is no certainty of winning in gambling can be obtained or not because some gambling games depend on luck. So hoping for gambling is not recommended. Discipline and having self-control are quite important things when we gamble because if there is no such thing, something worse could happen.

Losing is very common, and we can no longer twist it, nor do we have the chance to put everything in our hands and win. It was difficult for us to accept it, but as we enter gambling, we must embrace reality and not complain. Those who understand it will stay and continue gambling, and those who can't are free to leave.

Because gambling is a choice, in the first place. We are not urged to spend money and lose, but we are here because we hope and enjoy.

I agree with you that the real harm in gambling is spending the accumulated wealth. Gamblers who maintain such a tendency and continue to reduce their wealth are considered a scam in the eyes of society and have a negative impact on gambling. Gamblers should take care of their real wealth and even try to increase it. They should spend their time for entertainment and should refrain from involving themselves in scams on those gambling boards.

The main point of loss in gambling is of course losing the money we have because gambling is not an investment or trade that can develop the money we put into it. If we understand the risks and consequences of gambling, of course, gambling is not one way to make money. Not only in terms of losses, gambling has a bad impact on those who cannot control themselves, such as addiction and losing a lot of their valuable time just because they gamble too much. However, for those who consider gambling to seek pleasure, this can be one of the entertainments for them to fill their free time and of course can limit the gambling activities they do

In this point I will also say that it is really true that if any person who doesn't have any steady income source and only gambling through the accumulated wealth i.e. fund, they must be also know that no matter how much fund he accumulated in the past if he don't follow the basic rules like gambling with limit setting then he will must lose his accumulated fund once.

So I think if someone really wants to gamble, they should initially ensure their income and later, if they want, they can gamble with a partial amount from there just for entertainment.

Disadvantages of gambling are many, and I tell you, gambling has more disadvantages than advantages, it's the money most people are looking for in it that is still making them gamble.

About the disadvantage, gambling is not an investment but betting, so that's a disadvantage on its own. It can ruin your financial plans because it's risky. Again, gambling is addictive, and if care is not taken, it could distance you from the family members and loved ones.

Of course we cannot consider gambling as an investment that will be able to provide benefits and in investing of course there are many things that must be prepared to be able to run well in order to get benefits from it and I agree with you there will be many bad impacts that will be experienced by someone who cannot control themselves in gambling especially they will have problems in terms of finances because it is very unlikely that a gambler will be able to win their bets routinely like people who work receive their wages and indeed it would be better if we could consider gambling as a place to have fun so that we do not spend too much time and money that we have on gambling.

Directly, gambling can certainly not be perceived as an investment. However, it is worth noting that now, many casinos have their own tokens that can be staked to earn some interest. Thus, casinos attract to their platforms not only gamblers but also those who are interested in investments that can bring passive income.

Moreover, there is no chance of considering gambling as an investment because gambling depends entirely on luck and at the same time, the purpose of gambling is only entertainment.

Now if we think about each issue separately then the issue will be that the result of gambling depends on your luck you can win anytime and you can lose anytime. So it cannot be taken as an investment purpose because if you invest big fund here the risk of loss will be high, which can hamper our financial condition.

At the same time, it is only made to give us entertainment, and therefore we should not invest a large fund of our entire life in behind entertainment.
What we can do here is to spend some money just to have entertainment.

Yes, I agree with what you say, besides enjoying the profits that are earned in the game is something very pleasant, we must know that the game is an activity where we must be very clever and intelligent, we cannot hesitate to take contributions, I know that many people have their criteria, but according to my experience everything will be known when to withdraw and for me it is every time I win, even if it is little, of course I am not going to withdraw 1 or 2 usd, but above 5 usd it is something that does help.

Gambling with the intention of doubling money is a poor mindset and it gives off a sign of desperation, gambling is meant for entertainment and not to give you emergency cash. Most gamblers who manage to get lucky end up losing their wins because they get too greedy, some of them even go as far as increasing their stake to win more without taking 70 percent of their profit, this is why they end up frustrated because they want gambling to solve all their problems.

A person starts gambling with a specific goal, his chances of losing will increase. Gambling is not a platform where someone can win according to his needs. Sometimes there can be a win and sometimes a loss in gambling, but if someone wants to maintain the continuity of winning, then gambling will rather move in a negative direction for him. Due to which the amount of loss of the gambler can increase manifold. Again, a big negative aspect of gambling for some gamblers is that even if they win big in gambling, they fail to keep that win due to greed. They lose everything to win more.

And sometimes these bad streaks are responsible for many players looking to win in order to somehow recover their money These mistakes are very common , I used to make them until I Realized that I couldn't and that I'm happy with having small profits But I came to the conclusion that it is a thousand times better to have small profits that can be cumulative with respect to gaming sessions than to lose money, If we look at it from that point of view, it changes the way we see the game.

That's right, our thinking will no longer pursue to get a big win. Although there will still be hope that we win a large amount of money offered by the casino. But when we are given luck with a small win, it would be better if we are not too greedy to multiply it at that time too.
I just believe that we may get lucky at certain times, but that luck cannot continue to be with us all the time. So we are the ones who decide to be satisfied with what we get, or just want to continue making deposits with a loss at the end of the session.

Yes, luck is never with us all the time, gamblers are attracted to big wins through small wins, and after that they are not satisfied with small wins but want to get big wins, and in this way they keep gambling for big wins and only lose.
So never expect anything extra, try to enjoy any win, after winning you get greedy and gamble for bigger wins means you are addicted. And this kind of activity never achieves anything good, it only brings disaster.

If the gamblers only goal is to win he is in a state of confusion and is pushing himself to lose more for getting win. Gambling platforms are a fertile ground for gamblers to lose money where the chances of losing money are much higher than the chances of making money. Gambling is a means of using money allocated for entertainment that you will play in your free time. Gambling for the purpose of earning should be abandoned. You may be able to count the number of wins on a monthly basis but it may be difficult to count the number of losses.

After winning, most gamblers cannot control themselves and they are tempted to play again and want to win more because their winnings are much less than their losses. Whenever he gets a win, he becomes more aggressive and tries to win more.

When it comes to gambling, emotions often cloud the mind. It is enough for a person to win once, or for this win to be large, and the player begins to believe that in the future such wins will be repeated regularly. No! Most likely, this will not happen. The human brain is not always able to correctly understand the concept of randomness. If you have won a large sum, then the right thing for you is to stop playing. But as a rule, in reality, exactly the opposite happens. A person is so inspired by the win that he has a desire to play more and more often. As a result, he loses all the money.

The problem with online casino tokens that can be frozen and earn interest (like deposits in a commercial bank) is that the value of the tokens themselves can fall over time.

Yes, you will be paid interest, but if the value of the token is constantly falling, will it make you a profit? No, because the value of your tokens today plus the interest earned will be less than the value of your tokens yesterday.

In fact, online casino tokens will only retain their value if the economic situation of the online casino is stable over a long period of time. Even better, if the online casino is dynamically developing and the number of players is constantly increasing over time.

However, the gambling industry is fiercely competitive. And not all casinos can demonstrate their dynamic development over a long period of time.

Yeah, that's correct, and I think that's the norm for every gambler. After winning, you get to be greedy because you will now have enough funds to gamble more without even thinking of cashing out a part of that money. They may have a goal amount set on when they will withdraw, but I believe that's where we make a mistake.

It should be the other way around. Withdraw what you can and just leave an amount that we think we can afford to lose, and then take a bit of a rest. 24 hours will be enough because somehow that will help clear our minds and maybe that greed will settle down.

Long ago something happened which I can't forget in a hurry, can't get it of my head because I did it out of greed, even though it's been long the flash of it is still there. Was a time I gamble because I needed some money to pay for a bill and I was lucky to win the exact amount which I needed but out of greed I continued to gamble and that was how I lost all the money because I was greedy and couldn't quit.

The desire to win more will arise and yes, most likely everyone who gambles can experience it, I myself am sometimes like that, especially if I gamble when I am in a good mood and then there is a win that is obtained, then it is very likely that I will definitely continue it by one way of increasing the amount of the bet.

With the advice you gave, it is a good advice, and yes, I do it occasionally because gambling continuously is not recommended.

Well in casino games the only way to bet little and win a lot is in slots, in the other games I see that what is bet and won is not much, it is something similar to what is bet, there is nothing sure, because even small bets on Small bets add up and you can spend a lot, that is why I say that every time you play and have small winnings you should leave it there and accumulate until you have something respectable to withdraw, but to reach that level you must have a lot of discipline.

Greed is definitely one of the disadvantage of gambling especially if you are a beginner that's getting lucky wins. I know a lot of people that got hooked to Gambling because they were winning a lot at the beginning stages. They fell into the self destructive habit because they wanted to win more. Which means that whenever you win there's a chance that you might get trapped if you are not disciplined enough to know when to stop.

Some people believe they can beat the system and 99.99% of the time they are just disillusioned. You have to be very clever to consistently beat the house over the long run and they are always working to shut down any profitable players. The only scenario you have a chance of sticking it out is something like poker, in a player to player situation where the house is getting paid regardless and you have enough intelligence or other skill to outwit the opponents. However online poker comes with its own drawbacks, as it'll never be as random as offline due to algorithm generators and it also uses other tricks to balance the play, sometimes even rewarding the more volatile players as they generate more rake for the casino.

 People with different ideology of gambling most times I think there should be a gambling orientation exercise that will educate beginners snd long term gamblers of what gambling is basically all about cause as the day go by it seems most of them have forgotten what it is and a more reason alot of them go all in with the mindset of winning all the time which is different. There's more we need to know about gambling as it has a repulsive spirit that doesn't let gamblers go not until they must've exhausted their bankroll.

You are absolutely right, I say that when they win they feel very good, their self-esteem rises, their spirits go through the roof and that makes people feel lucky and that is the dangerous part, because they start betting believing that they are going to win anyway and that is when they start losing, but that is why if there is a big win in a casino it should be taken advantage of, the luck that one has must be taken and not thrown away.

Lately I have seen that the huge majority of people play Crash as a game, it is very fun and if you have enough bankroll plus you are patient enough, you can make a change, meaning you can hit it huge, I have seen people now playing in the casino I have in my signature that are betting IDR 1.000.000 equaling roughly 65 dollars and one person hit the 298.13x multiplier getting near 300 million IDR which is quite an achievement I must say, of course congrats to him for having the guts to wait, I would have cashed out really much earlier. Crash, speaking of which, I am implementing a great strategy for wagering now, I use auto cash out at 1.01x and use 10.000 IDR as a bet, I have passed so many levels just by being patient enough.

Undoubtedly greed is something that is a disadvantage, but I consider that it is not the game's fault, it is our own fault, the error is our own, I think that the only disadvantage that the game has is that if we want to play and the minimum entry is 5usd and if we have 4usd, there will never be exceptions, it has to be with 5usd, we must look for the other dollar to play, we cannot be looking for a way for them to let us play because we are good ,  or we always go to the casino, no, we have to comply with what is required, that may be a disadvantage, it is minimal but in the end it is a disadvantage.

So what do the casino's shortcomings have to do with it? Did it force you to continue playing? No, it didn't. Everything depended solely on you. Do you think that you were the only one who encountered such a situation? Not at all. When I didn't think about the consequences before and was an overly naive young man, I also couldn't stop because of greed. I continued playing until the money on my balance ran out. At the same time, I already had the necessary amount of money to pay for some thing or service. Yes, we tend to make mistakes and I'm not afraid to admit it, since I am far from being a perfect person. Many people are afraid to admit it not only to others, but also to themselves.

Yes, that is something that we must always admit , in this Aspect when we go into a more detailed outline some people find it hard to admit that it was their fault , and I have made many Mistakes , that is why the things that I know now all come down to one thing and that is that as long as I control my money I will have everything in my favor, even if I lose I will be winning because I will not Feel any regret, that is what we must always see.

What most people do not understand when comes to luck and the way it works is the fact good can be either on the gambler's side and also on the side of the casino. It is not an single way phenomenon in which a gambler could walk away a casino with their pockets full with cash.
Not even mention that most people ignore casinos also take advantage of human psychology and use our emotions in their advantage to keep us gambling and gambling for a prolonged period of time, in order to allow the house edge to kick in and allow the casino to take their slice of our bankroll.
It is more dangerous to approach a casino feeling lucky than being realistic and be ready to lose our bankroll.

The biggest disadvantage is that you have to rely purely and exclusively on luck, which I don't even know if we can say for sure exists.

When you win, it's a good idea to set aside a portion to invest in a business or in an account that yields a reasonable monthly percentage. It's always good to have an emergency fund. Maybe, if you want, you can bet the initial amount before you win and, who knows, maybe you'll win again.

I guess what causes it is because a lot of those who hit jackpots gambling, didn't have a blueprint of what to do with the money when they win. No plan for the money, whatsoever, at the initial time. They only begin to plan after the money had been won. Such a plan is often drawn from an unrealistic perspective of how big these lucky gamblers want what ordinarily should be a small or medium scale investment into an extravagant magnitude. That's how most of them get to keep believing they will win some more so they can wrap up whatever investments they've started already. So, they keep playing. I've seen this scenario I described here happen in real time.

If you think about it, each of us knows very well the strategy of Martingale, when after an unsuccessful bet you can increase the bet by a certain percentage and bet again.
And such a strategy can be quite profitable in the short term, since it does not bring much money, but nevertheless its only drawback is that at a certain point the deposit may end.
A So, theoretically, if a gambler has a lot of money, he can tempt fate many times and eventually leave with winnings, until a really long series of failures occurs. That is why many gamblers try to collect as much money as possible in order to try to win using this strategy.

Gambling has alot of disadvantages because the process of gambling entails that you use money in placing in an uncertain future which is associated with great risks of losing money which could affect the financial life of an individual so gambling is associated with alot of disadvantages.



Responsible gambling practices should be the watch word of anyone gambling because gambling without controls will leads to addiction which is very hard for an individual to come out from when a person gets to that stage of addiction and this will make an individual to to save money and can lead to alot of problems in the family if the gambler is a family man

Yeah, the Martingale strategy sounds great until it isnt. That "short term profit" you're talking about? Its a trap. One bad run and your deposit is gone. Its not a matter of if it ends, but when. So, profitable? Maybe for a lucky few, for a tiny bit. Sustainable? Absolutely not. Its a quick way to blow up your account, plain and simple.

Gambling will always be gambling and we all know what comes with it if we will explore the world of it. It is no surprise that you can lose money in this activity and you can easily get addicted as well if you won't contain yourself in front of this activity. The pros and cons of gambling has long been known in this community and so we all know the fact that if you don't know how to handle your emotions, you can easily go down to the brink of losing all your money. That's the challenge for most gamblers. How can you contain yourself when you are already in front of your games?

The quest for more money leads us to losing more money to gambling which is caused by greed, if only we can control our greedy nature,then we will not always be a victim. The ability for us to control our self when gambling and having a specific budget for the game we play makes it easy for us to handle our gambling urge, we think gambling is the end solution of all our financial constraint but we are wrong.

The common problem faced by every gambler is controlling greed, which makes someone lose the money that has been won. Sometimes they even ignore to withdraw the initial capital, because they tend to think they are in the lucky days of their life. As for some people who succeed in controlling their actions are those who are experienced, who have regretted it many times.

On the other hand, self control can be learned, but it must be admitted that it is very difficult to apply. Someone who gambles regularly should know this, because it is one of the limitations that is as important as the amount of money you want to bet each time you want to gamble. I am not surprised, because I often find many gamblers who tend to ignore a lot of gambling advice.

Many years ago, when I first learned about casinos, I didn't care at all how I spent my money. If I was going to play in a casino, I'd spend it down to the last cent in my pocket. Well, that's the kind of person I am. I'm naive to a fault. I didn't have any special concerns. Life was just beginning and I wanted to try everything. But life immediately let me down, not letting me feel the taste of real excitement and having a large sum of money in my pocket. Almost immediately I accumulated a large amount of debt, which I had to pay back for many years.

In the case of betting it's totally different although you need luck sometimes but you don't always have to rely on it. Before placing a bet you can do your part to make sure it's successfully and that's to do proper research and analysis. This doesn't guarantee hundred percent success but it's better than always relying on luck not knowing or being sure about what you are doing. Luck comes when you least expect it

Since it is not hundred percent guaranteed, we surrender ourselves to luck and have to do so to win. I understand what you are trying to say. You mean if someone is dependent on luck, he may not analyze the team before betting or may be lax in getting all the information about their past and present. I agree with you on this. Gamblers should not rely only on luck but should do extensive research about the team they are going to bet on through their own perspective and strategy. This research is not just for a period of time but will also help you in betting and winning day after day.

I think most gamblers have or will face such a situation in the first place, because gambling is something that comes with great excitement at the beginning, and at that time we do not pay much attention to what we are doing, and then our only goal is to win at any cost, and in the pursuit of this win, we lose a huge amount of money, which is definitely beyond our means and we have to struggle a lot to pay it off. It is very difficult to control our excitement and greed in the first place, but even then if a gambler fails to control it, he will definitely face huge losses. just like you  ;D

That's not a disadvantage of gambling, that's someone having greed. I look differently about this topic, I think that the disadvantage of gambling is that it triggers our reward center and increases dopamine levels, which, in mentally weak people, causes addiction. Those who have mood disorders and low self-control, easily become addicted because of this!
I can't think about any other disadvantage of gambling. I think that anything that comes from gambling, is the problem of the person and not of the gambling as a process. No one asks you to deposit more than you can afford to lose, no one forces you to gamble, no one ruins your relationships or mental health, it's you in the end who doesn't know how to get fun or what to do with life.

While it could be learned by some, it might be something that others aren't wired to. Because it's not just self control. Same people can have superior self control over things that others struggle on and no self control over something like gambling.

And what comes to ignoring advices for gambling, those are usually something people sadly have to learn from mistakes.
Because it's harder to understand why those advices exist and what are the good ones anyway. I have encountered some horrible advices when it comes to gambling, and they might sound like smart advices if someone has no experience of any real problems in gambling.

Greed is one factor that have drive most gamblers into unbearable loses some times, and most of those that this greed have high hold on are the people that are gambling with the intention to make profits, and sees gambling as a desperate means to get rich quick whereas gambling is for the purpose of having fun and not to make money and if the jackpot comes along the way, be sure to acknowledge the luck factor and not skills so that you will not be pushed to gamble excessively.

Oh there's actually a lot of disadvantage in gambling than advantages. One of the major disadvantage is the risk. Gambling is very risky that you can lose your bankroll in literally just seconds or a couple of minutes. Though other form of investments are as risky as gambling, but at least it would take longer time before you completely lose your money compared to gambling.
We invest or even gamble only the amount we can afford to lose, that's the golden rule on how to manage your finance. However, in gambling, we have no control over the outcome as we heavily rely on luck most of the time. That's just the huge risks difference of gambling in contrast to other forms of investment schemes.

Human beings with greed. Lead them into something that involves money; the next thing they will think is how they will double their money to make money out of it. In the end, they keep learning the hard way that there are no means of doubling money. Money that is being made is through a gradual process, not something to make in a hurry.

However, someone who thinks gambling is a means of doubling their money without mapping out some amount to gamble will leave to regret their actions, until they learn to gamble with less expectations.

Greediness and high expectations biggest problems or disadvantages for gamblers because usually when a gambler joins this community he feels something extraordinary and have high expectations about wins and taking profit from this which encourage him for having let go until last penny in pocket.
These addiction works sometime but as gamblers faced problems and have nothing to stay in balance then he regretted about his greediness, but It's already too late to be manage things peoples those started this as fun always keeps things on balance because they understand consequences for this.

I have many peoples those suffer badly even have no money for their food after ending their greediness on wrong side having strong mind and playing with budget give better results but its never works for all.

It is when we start making losses that many of us will start thinking whether gambling is meant for us or not. This is not supposed to be the case if every gambler choose to gambler responsible which is not something hard at all. Gamblers sometimes tend to be greedy after we have had few profitable games then want to gamble more for more profits.

The best rule of gambling is to be discipline even when you have been making consecutive profits for days, one still have to stay focus and not trying to over smart the system which could cause havoc for us when greed start coming to display the real intention. The excitement of winning is what have been making some gamblers to get greedy and suddenly starts gambling excessively.

Discipline is the major game changer of the gambling scene, if you're having a continuous loss then you should consider thinking what's the problem in yourself. There are no consistent profits in gambling but at least you can minimize losses and have risk managements due to having discipline and self-control. No one is super lucky in this world, most people blame luck, but in reality, it's usually poor decisions and lack of control that drain their port. If you treat gambling like a wild ride instead of a calculated risk, you're bound to crash.

Let's not be greedy in gambling.

Indeed. Gambling is a game of luck and doesn't guarantee a sure win if you play. The problem is, many gamblers are hopeful to gain huge and that's their mindset and motivation to continue playing.

Thus, once you had the chance to take your profit (since not all are fortunate to win a decent amount) grab it and quit then enjoy what you have. Being greedy won't do any good. That's why it's important to control ourselves and have discipline.

You said a lot in a little, and I liked that, in fact to reach a level like that you have to have total maturity which means you have to take great care of the money you have there in the casino, therefore when we see that we start to spend a lot of money we should stop, and say no more , because the ones who will Suffer will be us, we will lose money and without money there is no fun , everything ends and that's where the Problems Begin.

In my life I have heard a lot of advice on gambling from very different people, but I began to apply some of them only after I faced major losses due to the wrong attitude to gambling and his greed. In my opinion, it is their own large losses make gamblers think about their attitude to gambling. In addition, gambling is impossible without losses and experience allows gamblers only minimize losses and does not guarantee a profit.

You don't need to say such a thing twice, though. I have already witnessed people here in this section of the forum wishing to prolong their sessions with money that is not even theirs, resorting to borrow money from banks and deposit all of it into their casino accounts in order to play blackjack or bet on sports. The cost of such relatively short period of fun is very high when house edge starts to kick in and money slowly goes away off your reach. In the end, the only thing which prevails is debt and regret from taking loans to gamble.
A particular case which caught my attention was about one guy from a developing country which asked two thousand dollars to his bank and ended up losing it all to blackjack. Because of his economical situation, he told us it would take it about two years to fully pay back the loan. Quite  dishearting.

Precisely at that moment is when we have to be more responsible, because in some Way it is already an alert, if we ask ourselves that it is because evidently our balance is falling rapidly and We do not see good profits, that is where we must make a plan that adjusts to what we want to achieve , and not to win a lot, but to continue playing without losing so much, I consider that the game is for everyone , but each one of us must have our sense of responsibility.

I agree with that. I do not expect too much from gambling anymore. I do look forward to doubling the amount I bet, but not doubling the whole capital. For example, I have a $100 capital and just betting $5 in sports, I would only expect to win the bet amount, but making it to $200 will take a very long time. Sports betting is also unpredictable, and there's no crystal ball that would tell an accurate result of the game, which is why we are still predicting the outcome of the game. That means losses can still happen anytime, and doubling the capital is not that easy.

That's why it's important that we have limits on the money we deposit into the casino, so that we can practice control over the money we gamble with, because if we don't do this,
the more the amount of money we lose will increase.

So, this is just one of the disadvantages when we don't have control over the money we deposit into a casino here in the crypto gambling business industry.
And the other is when greed takes the lead to get a big profit in gambling.

If there is no a certain limit to deposit money according to the ability to lose, a gambler can easily face losses beyond his ability. Because when he faces a loss, then he will start gambling emotionally, and since he has not set any specific limit, so due to his emotions he will continue to gamble endlessly and will only increase more losses, and this kind of activity puts that gambler in a lot of financial trouble. One should always refrain from such activities, a specific limit should be set compulsorily, because if you continue to gamble unlimitedly, you will also face unlimited losses.

You are right mate, greed is actually something bad because that's the easiest way to fall into scam or lose some good opportunities.
However, it's basically because of greed that gamblers lose money because they failed to gamble for fun and they also chases their losses. Secondly people also get scammed because they are greedy.  Alot gamblers are desperate to make money through gamble but they ain't getting what they expected from gamble because gamble isn't the right means to make money.

Like you said everyone's true intention is to win but we know that it's a 50/50 thing, sometimes I ask myself why we always try to push our luck when we aren't really sure of the outcome...we aren't certain about if we are going to make profit or not and most gamblers decide to even go all in... lately I think about the possibilities of losing more than I think about winning, always expect the worst and hope for the best

Your on the points those are the disadvantages of the gambling. The greediness is what is making a lot of gambling to lose their money without returning, because of the people’s are over putting high expectations and that’s what is leading some to be addicted to gambling and one with a gambling is that one person get addicted to gambling it won’t get any control over what is doing.

Gambling do encourages people’s of their in the stage s for winning, because their moment that of winning exist will be having hope and biggest expectation on any game, that’s what is causing most of people to put even the money they reserved to spend with their family’s all is effect of addicted.

Greed is always the main cause of a gambler experiencing financial losses, the wrong mindset from the start plus the psychology that is played when complacent about experiencing victory, that is what causes destruction. therefore it is important for us to be able to control emotions when gambling, set a budget that can be lost and have a plan when to stop when getting profits, so not only when experiencing losses, we also have to have a plan when to stop when getting profits.

I don't think there's something in this world that has advantage and does not have disadvantage, gambling NIS a means of having fun and making friends at the cause, but there have been so many disadvantages which has occurred as a result of our own way of gambling, which we may not even termed as a disadvantage on gambling but rather on our own personal self because of how we are gambling, other challenges this may cause us is time and money, which I don't personally see as a disadvantage.

People are most attracted to greed in gambling. When people are greedy, their chances of being cheated increase. What a person naturally wants is different from what he wants due to greed. Suppose you get something after waiting for a week or more, but when you are greedy, you will try to find a way to get it in a shorter time. You will try to get your desired thing without considering whether it is legal or illegal. Greed takes people away from their natural knowledge, which makes people more vulnerable. That is why before gambling, you should gain the most awareness about how to control your greed.

To be clear, let me tell you what I think: one of the main disadvantages of gambling with the money you already have is that it can put your personal finances at risk. Gambling is unpredictable and, more often than not, the outcome tends to be negative in the long run. When you use money that should be for other needs or investments, you can end up compromising your budget, creating debt or financial stress. Furthermore, relying on getting back what you lose can lead to a vicious cycle of increasingly larger bets. Therefore, it is always safer to set aside a specific amount for gambling, as leisure money, and keep the rest for more solid goals, such as investments.

That your friend really do not understand gambling very well and this will teach him a big lesson, when you win huge amount of money in gambling quickly use the money for something very important you can use it to buy a property if you think you can use that money you won to win more money you are making the biggest mistake because gambling is so unpredictable no one can be too sure of what will happen.
I love the way you tried to advise him on what to use the money for it shows you are a very good friend and now that he refused to listen to you and he understood by him self the reason why you told him what to do with it.
For me gambling has no disadvantages because you are just having fun with it, the only people that will see disadvantage are those who wants to use gambling as an escape root from poverty and from there they become addicted to gambling and start selling there property but those who gamble for fun won't see any disadvantage.

For me gambling is all about disadvantage, because the advantages people find on gambling is not much, so I believe that most us may think that one of the things that makes so many of us to engage on gambling is because they wants to catch fun's, almost 80% of people that gambles have the intentions of making profit on gambling and that is why the disadvantage of gambling is more higher than the advantages, most people that gambles benefit nothing on gambling due to risk that's involved in the gambling, so I believe that people have know by now that disadvantage of gambling is higher than the advantages.

All gamblers should not be overconfident when gambling, there is no perfect or expertise in gambling. Those who claim to be experts/punters/analysts won't share their bets on how much lost, they intend to intrigue people to either raise profits from their referrals or use people's money to try out their luck in the sake of purchasing sure wins. We should not be deceived, gambling is luck and some thinking skills, depending on what type of gambling.

You’re right with separate fun money from the serious stuff. However, that is never easy for everyone. For many, that line gets blurry fast. People gamble for a thousand reasons, and not all of them have to do with chasing money.  Most people think they’ll be the exception. Most aren’t. There’s nothing glamorous about watching your grocery budget disappear on a sure thing.

Setting aside leisure money is only the start. The trick is knowing your limit before you ever feel that hot, itchy urge to win it all back. And that’s where people get burned. Gambling can be fun, even a relief sometimes. But if the price is your peace of mind, it stops being a game and starts being a debt collector with a smile.

Totally simple on which we should gamble for the sake of fun and entertainment and not for money, because at the moment that you do find yourself having that kind of approach then it will be bringing out that potential huge problem on which this one will be causing up that huge problem later on. Make it sure that you wont be that ending up on having some problems just because of some wrong decisions that you had made. ITs not bad to gamble as long you do make yourself that responsible because gamblers do usually that become greedy in the end of the line and cant be able to stop when they are that on winning or even losing. When you are doing gambling then loses are inevitable and thats why its better that you do think up that you have lost your money at the moment that you had deposited into it. Disadvantage of gambling would really be that pertaining into that possibility on getting addicted on which this will be the main reason on why you would be ending up on having that much more loses at the time that you do get addicted. If you arent that good when it comes to self control and moderation then it will be leading up into disaster just because you are already doing on the things on which arent supposed to be done specially when dealing up with gambling. It was made for the sake of fun and entertainment but majority of gamblers do treat up the different and thats why when that kind of motive mold up into someones mentality then it will be creating that kind of urge to play up more and once it do becomes a hobby then it could potentially be leading up into addiction and when this happens then you do know on what would happen. There would be no problems if you are just that thinking up the different approach or something that what makes it to be that fun and entertaining and not that something that been treat to be some source of income.

first of all, let be smart enough in this issue to be able to see why and where the gambler may likely be wrong or right in his decisions to continue gambling with the whole winning amount and those things to check and note is.


1 how much was the entire winning, if is above $2,000 then we can that he should indeed consider putting some amount of that money aside.


2 But anything below the above mentioned figure, is better the gambler increase his wagering and then withdraw some amount to spend since he can't invest a small amount, hoping to hit a bigger jackpot.

You said a lot in a little, and I liked that, in fact to reach a level like that you have to have total maturity which means you have to take great care of the money you have there in the casino, therefore when we see that we start to spend a lot of money we should stop, and say no more , because the ones who will Suffer will be us, we will lose money and without money there is no fun , everything ends and that's where the Problems Begin.