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201  Economy / Gambling discussion / Re: When is best for a player to draw the line? on: May 15, 2024, 04:41:47 PM
Determine how often you gamble maybe it's once a week bi weekly or once a month.
Setting your own bar on how long you want to gamble or how much money you want to gamble is a good method to control your gambling related spending. There are people who are struggling to keep this going because it takes self-discipline and composed state to execute and gamblers lack these habits, reason why they became addicted in the first place.

But once they start doing it they will be able to overcome their addiction and eventually reduce the budget and end up with being able to save their savings.

The nature of gambling is such that it makes you play more by infusing the competitive spirit in you. The way to conquer this is to understand that your battle is not with the casino but with yourself.

How would one conclude within him that he's battling himself? That wouldn't be a battle. Generally, everyone feels the need to get, by force, the losses incurred in gambling. Although the self control sets in the moment a player have experienced the downside of such habit and decides to control it. Most players get swept off to the floor for not realizing the poor gambling habit they exhibit. Which ends up landing them to a financial trouble. Setting up an effective strategy helps the player to draw the line when he should.

The issue is not knowing when to take action. That's why players are being told of preparations. Since gambling is seen, by majority, as a competition, nobody goes for a such events without training or preparations. But most players think making money out of the game is the sole aim and nothing else should be acknowledge. Limitations and self control two strong factors that helps in preventing losing streaks, are being neglected, by new players, at a speed of light. It sounds unfamiliar, that's not what there were told, initially, of gambling. Not knowing how deep and exhausting gaming can become, leads to the damage of self control in most gamblers.
202  Economy / Gambling discussion / Re: Did gambling losses are traps to new game on: May 15, 2024, 04:16:01 PM
Just like what most people here say, casinos have a house edge which allows them to gain more profits than the players. So no matter how players set their strategy, they will not be able to beat casinos which have algorithms designed with a higher chance of winning. Because I know this, I consider that gambling is just entertainment - I don't use gambling as a place to make a lot of money, even borrowing people's money just to chase wins - I consider it to be entertainment to fill my free time.

Competitive games are more interesting. Playing undisputed in any game is quite boring and makes the player less concerned about participating in such game. Casinos provides a competition between the player and the house. When a player losses he'd want to win. Because winning is not common to him. He's tired of seeing those losses. I think coming up with consistency as a winning strategy should be the dream of any gambler.

The house still makes it to number one spot on the leader board of who wins the game. While the player struggles to win huge. It's quite a trap indeed, because the race wouldn't stop easily. Most players find it very difficult to stop when the losses are numerous. It happens to everyone but ”self control" is the vital factor or skill which helps players from avoiding such traps. However, the entertaining aspect of gambling means different things for a lot of people.
203  Economy / Gambling discussion / Re: Be careful with people's money on: May 15, 2024, 04:06:19 PM
I've heard a familiar story of a guy who received money for a friend and spent it on gambling. He didn't win, but the good part of the story is that he paid back. Playing with people's money is not bad. Some players tend to wager high on another person's pocket, that's wrong. However, it's always embarrassing to hear of such things, because the player is not showing himself some respect in the society. People may not respect him anymore, even in the gambling community. Yet it's not a new story that gamblers have the impulse of going harder when they lose. Regardless of who owns the money, the player wouldn't stop less he feels the whole funds has been exhausted. I think that's the only moment such players tend to stop gambling. The mistake comes by surprise.
204  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 13, 2024, 05:16:19 PM

It is true that there is a desire to win quickly when people gamble, there is a hope to gain big profits quickly without having to work hard.

But it is quite important to always remember, that every aspect of life definitely involves a risk, and that includes when we play gambling or when placing a bet. and although in gambling there is an opportunity to win big quickly, behind it all there is a risk of losing money quickly too. The hope of getting an instant win often makes people forget the importance of patience, discipline and good risk management in gambling activities.

If we look more realistically at gambling, big wins in gambling are often the result of a combination of factors such as skill, knowledge and skill.
  It takes time, patience and hard work to achieve long-term success in gambling. Therefore, apart from understanding the desire for quick wins, it is also important to understand that patience and discipline are the main keys to achieving sustainable success in the world of gambling.

Every aspect of life revolves around what you just wrote. But long term monetary expectations in gambling shouldn't be encouraged. Regarding the changes that happens in the plans of most players when they later win enough money through gaming. However, it's lame to blame others for our gambling losses. Because the decisions all belongs to the player. Think of a scenario where a jackpot player blames friends for encouraging him to play more. Such things are not reasonable to say. More like a viral video of Drake's friends wagering his funds when he want to the restroom. I think in this situation he has the right to blame his friends.

But the reactions we see from people who wagered their funds themselves still blaming innocent people is getting out of hand and shows irresponsibility. Losing is part of the game and nobody needs to be told about this, it's a well known gambling phenomenon. Hence, why do people think of winning alone, when losing is the trending gambling term than winning. I think it has to do with not taking responsibility for losing. Some players when the losses are too enormous, they'll trace back to the friend who led to gambling and run to blame them for channelling their life to a downward course.
205  Economy / Gambling discussion / Re: Gambling addiction causes loss on: May 13, 2024, 04:48:13 PM
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Until my country created specially designated areas for gambling I played in land-based casinos, I personally knew two guys who visited the casino under the influence of alcohol on payday. Of course it happened that they won big, but in most cases they were left without money. And what's worse, sometimes they even pawned their gold jewelry to go back to the casino and try to win back their losses. So such people exist and I believe that just such irresponsible behavior indicates the presence of gambling addiction.
I witnessed a very similar situation.My colleague lost everything in slot machines on payday, which resulted in a huge scandal in his family. Of course, the next day he borrowed money from his colleagues because his money simply ran out, and he was still in debt I haven’t settled accounts with everyone for several months. This is what impulsive decisions to play lead to. Gambling when a player has no discipline is very dangerous.

It's common amongst gambling friends, I've had an experience with a close friend who wagered everything after winning all his money back. Simple, they lost control and felt overwhelmed with the wins. I don't think that gamblers who did this, were preparing to do it. Most of them have in mind to purchase other things with the money. Like my friend he needed the money for some food materials but to my surprise he wagered it all.

That's a poor gambling behavior that shouldn't be emulated by any player. Addiction is bad and causes pains, imagine the player who had to borrow from his colleagues. That's really a tough one and he's going to pay the Piper for taking those loans. I prefer players who focus on staying positive with their funds. And sticking to the plans. It all happens like a joke, but addicts are meant to hold themselves as regards to wagering all their earnings to an extent of having nothing left.
206  Other / Off-topic / Re: How can we help beginners not to get addicted on: May 13, 2024, 04:36:34 PM

Yet, looking at the chances of such people not getting into problem gambling, it's quite very slim. However, for those who through ads became gamblers are also required to further research on ways to deal with gambling. Like any other product, verifying if gambling is what we want to do is quite important. It's false to see an ad and begin gambling immediately. Researching the casino and gambling, generally, will put the player ahead of other new gamblers in terms of avoiding addiction. And he could be fine for a long time with no traces of getting addicted.

It seems to me that now a large percentage of young people are becoming gamblers, and this is largely due to aggressive advertising.

 I am very surprised at how many gambling ads are appearing everywhere. Anyone who shows even the slightest interest in gambling immediately begins to receive offers from various platforms. This gives the impression that gambling is something ordinary and normal. Young people are particularly susceptible to this impact due to their activity on social networks and the Internet.
As a result, many start playing without a proper understanding of the consequences and risks. Unfortunately, this situation contributes to an increase in the number of problem gamblers and gambling addiction among young people.

Indeed beginner gamblers are to be blamed for their poor gambling performance. We all are advised to look up on the internet any advert we come across before clicking or participating with the company. However money calls the shot and people easily get attached to things that promise quick money. Gambling requires lots of thinking and even more work than most work that guarantees money. Yet, gambling doesn't offer enough money, but new players think more money can be made via gambling. The right thing for new players to do is being able to detect that gambling is not simply done.

Most gamblers get exhausted mentally just like people who work in physical settings or company where physical energy or strength is required. Mental strength matters in decision making. And young people are meant to have enough mental strength to battle the stress of gambling. But they're not aware of this, nobody told them about the tiring activity called gambling. When playing games, people would think they're not getting exhausted, since no much work is required other than clicking buttons. On the long run, gamblers burn lots of energy and get tired without knowing then the weakness contributes to more losses. Those ads contributes to this failure but not being directed is another factor which deals with new gamblers.
207  Economy / Gambling discussion / Re: Losing all your fortune with just 3 years on: May 13, 2024, 03:32:47 PM
For Watanabe the guy in this situations to have lost $5m and still be confrotable indeed shows the level of his deep addictions, although the most important thing right now is to make sure the once successful business man didn't go into depression now that he hard lost his entire life furtun because situations like this are what triggered depression and possibly suicidal thoughts which could be a dangerous state if the guy find himself lonely.
So family and close associate need to rely round him at this point, this is when he needs Their support the most because this is a highly trying time for him since he has addiction to fight and also loses to recover from.

Don't be surprised that if a player wins such an amount he'd still wager it back to the house. It's quite a sad story for a wealthy business man to self inflict brokenness to himself. I'd always remind people of the negative impact of gambling for both the rich and poor. People think of the rich being immune to gambling problem. Yet same thing happens to all of us with a brain. What was he actually thinking? One would ask, to have lost all that money within few years. He's rich why then does he go after losses. It's sad, but it largely or broadly levels the notion of excessive gambling not only a habit for the low rollers or low income players.

As you said, the did has been done, and his health should be the next move from his family and friends. Because such a man would be undergoing some anxiety and depression currently. And such a situation is not familiar to him, maybe he wasn't experienced in gambling and got caught up with the compulsive gambling syndrome. Unfortunately, people who stay around wealthy men don't actually advise them, because the rich always appear intelligent. This is the right time to help him through and effective advise, reminding him of the further pains he could face if he's not prepared to stop.
208  Economy / Gambling discussion / Re: They put an end to online gambling: what do you think it's going to happen? on: May 13, 2024, 03:19:31 PM
Well if online gambling would ever stop someday, those who are invested in it are going to be the most affected ones from that. But even if it happens people would basically make another alternative for it, because this is how the world of business functions. Onsite and physical casinos are still gonna be there so people also can go back to the traditional casinos because till this day traditional casinos are still there and still have many people going there frequently.

When you said people can starve and be hungry and all, gambling was never a main source of income to begin with, it is just an entertaining activity, people still have their jobs and the world is full of opportunities. Many countries don't allow gambling it is completely forbidden, people there live a normal life and they are not starving so I guess people can live without gambling and casinos.
Online gambling is just one of the basic amenities of modern society, except this amenity includes additional amenities, so society can still get through a world without online gambling but the benefits for many sides will not respect this termination action because for people, it is an activity to relieve stress, for businessmen, it is a form to get more gold and for the government, operating properly with regulations will be one of the economic sources that compensate for many aspects

If, I don't think it'll happen, online gambling is eradicated, nothing would change. Gambling continues! Although since after COVID the world renowned internet users embraced online gambling as a means of participating in gaming. However, that doesn't mean people weren't gambling before the institution of the online gambling business. The world economy is also impacted by online gambling which also benefits the government. Players don't actually depend on gambling to feed as Op said in his write up. The only wrong thing is the way gamblers made themselves to be seen in the society.

Online gambling happened to be very noisy compared to offline gambling which erupted such views from non gamblers. It's true that lots of mischievous people participate in gambling, but it doesn't change the notion and objectives of online gambling. Which provides a strong avenue for comfortability and relaxation for players. Respectfully, online gambling platforms are law abiding and have never boycotted any rule issued to them by the government. Hence, the online gambling niche is still organized and players on the other hand will continue to gamble even if online gaming never existed.
209  Other / Off-topic / Re: Why do people lose in gambling and still go ahead and bet more? on: May 13, 2024, 02:46:32 PM
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
The type of gambler like your friend will usually become addicted to gambling because he will continue to chase the money he hopes to win big at gambling, that's not what gambling was actually created for, gambling was created to make people happy with their money, especially rich people, so Don't expect to win big if your friend is just poor, but luckily your friend still wins a small amount even though in accumulation he still loses, your friend has to stop doing it so he doesn't lose a lot of money.

The more money you use for gambling, the greater the risk, so why spend time and money all the time just wanting to win big, why not look for fun there, maybe that's what you should do so you don't get tempted by lots of money, if your friend really wants to make money ask him a lot to work hard or do business so he can get a lot of money, in gambling there are no people who are rich and win a lot, although there are those who are lucky, it's very small, the dealer will always win whenever your friend fights him, that's what actually happens, your friend just throws away waste money and time in uncertain pursuits.

It all depends on the amount of money his friend wagers. Your response is good, piebeyb, but I disagree where you point that gambling only works best for the rich. I understand that gambling requires lots of money to win big, but smaller amounts are being looked down on, because it looks small. Little amount of wins can amount to a million dollars in two years depending on the consistency of the player. However, the rich players also get a big loss for wagering huge amount of money. Additionally, sport gamblers can make a kill with a small amount of money. Our perspectives of gambling is contrary based on experiences but his friend is not getting things right. He's not meant to be bothered about this in the first instance. Players are required to focus on understanding their game.

Not complaining over who wins big or not. And if his painful complaints persists, I think he should quit gambling and do other things, like you suggested. On the other flip, gamblers don't feel comfortable accepting losses. It all happens like a self argument where one blames not listening to his instinct as the cause for his losses. Then he tries again, hopefully the player may win, this then cement his thoughts on wagering more until all is lost. Whenever a player doesn't stop playing he'll lose more regardless of his understanding of the game. Although it's not wrong to lose in gambling, it's all about withstanding those losses. Not feeling sad about it. Gamblers who don't trust their strategy tend to continue playing while losing. Their goal is more money not fun.
210  Economy / Gambling discussion / Re: Do you prefer the crypto online gambling or regular fiat casinos gambling? on: May 13, 2024, 02:27:53 PM
I think Op is referring to the coins used in gambling in physical casino, which is bought with fiat and later changed to fiat by the casino. Although his topic is misleading as regards to the content here. Responding to his topic, I'd say that online cryptocurrency gambling is better in terms of withdrawal and have lesser stress as the funds goes directly to our crypto address. Unlike withdrawal to bank where some documents would be asked and sometimes take some working days for the funds to arrive.

On the other hand, If I'm still in line with what Op said, crypto has value and wagering them online means losing our valuable crypto which may increase in value later on. That's right, when fiat is lost it's different from losing crypto. But those cryptocurrencies are not only meant to be kept but used as well. Spending crypto in a casino is not wrong. It's same as winning in cryptocurrency, the player would possess more profits in his bankroll. Revising on the write-up I suggest Op should to simplify this thread by making some effective changes on the thread or make it clearer for a better answer.
211  Economy / Gambling discussion / Re: Going all in and losing the bet on: May 13, 2024, 02:11:16 PM
Such decisions: to abandon a losing bet, or to continue losing money, are very similar to the decisions of a trader to close a losing trade. And of course, such a decision should be made while thinking through a game strategy.
I mean, the gambler has to decide in advance how scary it will be for him to lose all the money.

If there are sources of income, then you can go all-in.

And if the gambler is playing for the last money, then you can't go all-in.

Going all-in is fun and promises more wins until it's all lost. I don't think wagering all our funds at same time is worth it, due to the risks involved. I do participate in going all-in but in a more careful manner, when not done kindly the player will undergo the risk of losing everything on his bankroll. And this can be addictive to some extent, it reduces the interest one has on spending time in a casino. Thereby introducing the player to a fast gambling habit. Like going all-in immediately they are in the casino. Such habits are detrimental to the health of the player. Although one could wager everything and get lucky but it's rare. I wouldn't try it when I'm not prepared to lose the money, or have extra funds available for other financial responsibilities.
212  Economy / Gambling discussion / Re: Chased loss, got it back and lost everything. on: May 13, 2024, 01:46:38 PM

That's not possibly easy to chase after the loss and regain the funds. It's always hard to achieve this, especially for naive players who don't know the ethics of gambling. Even the experienced players will as well find it very hard to achieve such a milestone. Due to the challenging aspect of gambling where the player wouldn't have a complete control over the results. Notminding how strategic his gambling strategy may have been prepared.

The right thing is forgetting about the losses and trying again another day. The fun continuous if we have the funds to gamble on a next session. Exhausting it all trying to recover all our losses only causes anxiety for the player and puts his gambling activity on a bad shape. What is most crucial is enjoying the process not focusing mainly on hitting back what we've gotten and lost. There are multiple possibilities that the player will still bypass his gambling limit and wouldn't stop even if he gets back the losses, which is rare.
In most cases where individuals chase loses they tend to lose because at that point they might not be gambling with a stable mindset but post individuals have been lucky to win big when they decide to chase lose, although they might have lost severally on the process before they get lucky, if such luck happens it is expected that an individual should take their profit and leave but then greed comes in.

 In the scene that they'll want to win more from the profit they get from the act of chasing loses. I consider that a wrong act cause most times someone individuals end up losing a huge percentage of the money, that's a real definition of opportunity come but once  it would've been more safer if they just take profit and leave but they decided to be greedy and therefore lost, apart from losing such act could even make some become addicted.

That's where the trouble sets in, players hardly forgo the idea of a next win, after winning previously. Would I just attribute this behavior to players alone? I don't think so, humans, generally, behave this way. When something works, we do it again, hoping to achieve similar results. I wouldn't blame gamblers for this, the indulged game deals with the mind and money. Our minds are not strongly decisive when money is on point. Players are blind to this mistakes as it happen involuntarily. Sometime when we act out of curiosity to win money, within us, we feel in control, but deep down lots of time has been spent with no prior aim developed to stop the incurring losses.

Luck is a gambling term that should be closely observed to know how it works. I don't think anybody would tag luck as a factor that actually happens oftentimes. However, due to the curios mindset of winning again, some players would conclude that luck is on their side after winning a game. What if the luck isn't there as presumed? The player continually losses money hoping that luck is still close by waiting to work on his behalf. There are some false gambling strategies which most gamblers endorse and it affects, periodically, their gambling exercise in a negative way.
213  Economy / Gambling discussion / Re: Double your money and quite on: May 13, 2024, 11:49:54 AM
OP I will say that this strategy you are using is a good one. You see greed is one thing that get most gamblers trapped or stocked up and further losing out. Making a gambling budget is very necessary to keep one on check. This also instills discipline as the case may be. As you have stated, I think this would help very much those who want to implement it for a try.

If you can follow that style of gaming the chance of preventing greed may take place, more on how you practice your strategy and how precise are you when dealing on it, there are times that you may exceed and overspend your money but if you can adjust right away and make sure that you are still in place, for sure it will not just gives you the entertainment but more on balancing your money and how you'll take advantage of that opportunities to win.

Quote
Gambling within one's budget is very good as it makes one void of addiction. If you have a certain amount you gamble on daily basis, do not exceed it wether you win or you lose, stick to your plan and budget per game as initially provided. You can leave the casino when you have exhausted your funds or double it up  as the case may be and do it within the confines of your gambling plans.

This really interesting, as we all know how addicted gambling was, though there are expereienced players who can work on it and manage to play well and set the kind of limitations that helps them to avoid any types of addictions, they are good in controlling both money and the emotions inside them,.


The usefulness of Op's strategy relies on or has effect the time the player doubles his money. Certainly it's not easily done in gambling, to double our funds and leave. Realistically, players have the opportunity to try again. The next could also be a win. That's not greed, it's just a trial and error time. When it's considered greed is when the player doesn't quit during a losing streak. Gambling wouldn't be fun if we move back and forth trying to win the house by implementing Op's idea. Purchasing other things with our gambling generated funds seems to be a nice decision.

That is when we've resigned from gambling. An active player will most definitely go back to wager again. The doubled money can be exhausted during a next session, as the case may not be similar with the last session, which doubled the player's funds. The house always wins regardless of what we do, other than limitations. This sounds like limiting our gambling session, but experimentally, this form of strategy could fuel loss chase. Determination matters in a player's behavioral sense. Some players wouldn't leave the house until they've doubled their money. Who knows if it'll occur or not? Would the player ever get a win during the session? These factors matters in making a better decision in gambling.
214  Economy / Gambling discussion / Re: Gambling Management on: May 13, 2024, 11:33:06 AM
A gambler cannot be called an addict if he can stop at any point. Those who are addicted gamblers can never take losing easily. Even if they lose, they feel that they have to recover their lost money immediately. As a result of their misconception, they are gambling day after day. Some to recover his losses and others to win. Either way those who lose control over their gambling become addicted gamblers. There are some addicted gamblers who gamble after a loss with the intention of recovering that loss and eventually lose their entire bankroll. Those who wish to conduct normal and healthy gambling must stay away from addiction and have good money management skills.

Chasing losses in gambling is like chasing after a car that have failed brakes, you don't know where it's going to crash and when it crashes, it is going to case damage to the car and perhaps to the person driving it. A gambler must not chase losses in gambling because they will not recover the lost money, they will still loss more. I wish I can make all addicted gamblers to know this.

Think of a way of making it happen, maybe a long term thought. However, what you do here is also an awareness and some new players will get to read your idea. However chasing after losses doesn't signify having a good gambling management skill. Most players don't, by any means, bother about a better gambling habit. Sure lots of players still possess self control and the ability to stop playing whenever possible. Also it's vital to add a habit that promotes financial management.

Like what Op briefly stressed upon, playing with the amount we've won and reserving our capital. Gambling offers some funds to winners to keep on playing in the casino. But this benevolent attitude affects negatively the thoughts of the player, and challenges him to wager more to win big. Those wins are meant to be managed, instead of rushing to end it on same session. I recommend stopping once the designated time for the session, set by us, is exhausted. The extra funds can be used to enjoy enough of the next session, probably, they'll be more wins. The most vital aspect of it is being able to enjoy the game.
215  Other / Off-topic / Re: How can we help beginners not to get addicted on: May 13, 2024, 11:14:47 AM
I think before anyone goes into gambling, they should aware of it like what happens once one becomes an addict, the risks it involved and the impact it create if gamble responsibly and what also happened if not gamble responsibly too, if they have all this ideas, that way will help them not to become an addict and they should also be aware that gambling is for fun and not a place to become rich through it, this way can really be helpful for them and also be close to them to assist them will help too and also suggest them to set time limits and the money they are going to spend for that day, this way can really be helpful.
but that is rare to find that a gambler will seek answers from others first before entering as we knew those who lures from gamblers cares nothing but just wanted them to deal playing and depositing and that is why many of them fell into wrong ideas and wrong knowledge on how to deal with gambling.
but if people will only dig first ? of what will be their "MUST DO" in gambling and for sure they will be in good outcome for sure.

Individually, a driving force is always available, when venturing into gambling. Gamblers, many, were driven to gamble by a factor, money. A friend also leads mutuals to gambling due to the amount of wins they've made in gambling. Hence, yes, it's quite the truth when you said most of the new gamblers don't actually try to learn ways to become a responsible player. I think only a few people joined gambling without anybody's influence.

Yet, looking at the chances of such people not getting into problem gambling, it's quite very slim. However, for those who through ads became gamblers are also required to further research on ways to deal with gambling. Like any other product, verifying if gambling is what we want to do is quite important. It's false to see an ad and begin gambling immediately. Researching the casino and gambling, generally, will put the player ahead of other new gamblers in terms of avoiding addiction. And he could be fine for a long time with no traces of getting addicted.
216  Economy / Gambling discussion / Re: Making bets with my stupid friend on: May 13, 2024, 11:01:07 AM
Do you make bets with your friends?
What do you think about this experience  ?
Yea, I have done such bet with my friend due to arguments, but like you said if it is my close friend when I was younger, I return back what I won fom him, but if it is now I will not return it back because gamble is gamble and not child's play.

I love gambling in the casino or on sportbook not with a friend because it does not show any sign friendship and love between us, because why will I want to win my friends money when I know that he doesn't have enough, but the casinos and gambling sites have enough to give out to me if I win.

Gambling also involves playing with friends, but the type described by Op is just a way of quenching boredom. Players undergo numerous challenges when gambling with close friends. The money is not actually won, as both parties will still feed on the pocket of won the game. Friends who realizes that gambling is an activity they both love can engage in this type of gaming. However,  disagreements could erupt and needs to be resolved. Money is the fastest enemy to any relationship.

Especially when an agreement is not met. That's why it's preferably better to wager on casinos where you'll have to deal with the house directly. No argument or disagreements with anybody just yourself. On another note, it's also better to visit the casino with this friend and gamble together. If the both friends are sensitive enough to manage each other's finance, they'll make a better gambling habit.
217  Economy / Gambling discussion / Re: Is this true or some superstitious believe about gambling? on: May 13, 2024, 10:48:57 AM
There are no such thing as demonic in gambling. Most people only rely on what they consume to their brain and act by it. All he said regarding gambling is familiar except for the demonic aspect of it. The house edge is managed by the casino, not some demons as he may have said. I'm not comfortable with the fact you didn't engage in a long term conversation with him to change his vague perspectives of gambling. The whole thing he said may be fueled by his gambling losses.

Due to this he's actually bittered whenever in touch with a gambler. I think this unfolds another reason why people should not gamble in the midst of people or maybe get a dark screen guard that'll privatize your screen from the eyes of spies peeping through your phone. Because those things he said is getting to you and thinking about that is not fine in anyway. The best idea would be removing those thoughts and fling them away from your memory. Focus and enjoy your game. Stay responsible mate.
218  Economy / Gambling discussion / Re: Do people truly risk their money on bets for profit? on: May 13, 2024, 12:14:47 AM
From my opinion, I think there isn’t any need to stake or risk one’s money on a game simply because you want to catch fun when you could simply not risk your money and still have fun while watching same game.
I don’t know if I’m really staying my points well but I wish to know if people really have to gamble without intentions of making money?
Anybody saying gambling is for fun and not for making profit must be keeding. Just as you said if gambling where to be fun nobody would risk his money on betting why they can equally watch thesame game without the intention of making money. I believe that gambling is for making money. though there might be fun, but the fun in it does not justify that profit is not the primary motive. Whenever you think of gambling, you think of wealth and how to quickly achieve it withing the shortest period of time. For me gambling is for making money and not for fun.

Yes, the game can be watched without wagering any money, but it won't be fun. Gaming is best done with little amount of money, for fun purposes. It's absolutely wrong to view gambling as a place to make profits. It's a type of thoughts that actually derails the aim of gambling in the player's way of thinking. Concluding that gambling yields funds contributes in pushing a player to chase after losses. The human brain I guess works in different ways. Not all gambler would be capable of retaining their control when the funds doesn't show up as expected.

This also affects the gambler's emotions. He'll most likely get happy when winning and sad when losing. Which is not a nice attribute of a good gambler. Staying in control of our emotions how we feel and think while gambling helps a player not to get over reactive towards his losses. Or it reduces the amount of money a player could lose in a session. Sure, making money is part of it, but, why hope on something that's not certain. When I look at gambling I'd think of other certainties gambling could offer, like fun, and relaxation. These two are certain and we'd actually get it the moment we start looking to gain such thing.

219  Economy / Gambling discussion / Re: Chased loss, got it back and lost everything. on: May 12, 2024, 11:53:54 PM
Anyone here familiar with this kind of scenario on the title? Just recently saw a compulsive gambler diary which he manage to recover everything when he chased loss then later on he loss it all.  
Yes, it's a common scenarion faced by many compulsive gamblers. They just don't stop until losing everything, what means there are highs and lows along the way, which involve them being able to recover considerable sums of lost money, what increases their personal confidence and morale to continue gambling pursuing even higher goals, until the final loss inevitably hits them so hard that nothing else can be done, besides stopping gambling, since there isn't money available anymore.

In fact, it must be very rare to find a successful story of a gamble who got every of his losses back, and then quitted gambling from that moment on, maintaining a history of profit for the rest of his life. If you find a story like that, please share with us and don't hesitate in creating a new thread talking about this achievement, which must be one in one million!

That's not possibly easy to chase after the loss and regain the funds. It's always hard to achieve this, especially for naive players who don't know the ethics of gambling. Even the experienced players will as well find it very hard to achieve such a milestone. Due to the challenging aspect of gambling where the player wouldn't have a complete control over the results. Notminding how strategic his gambling strategy may have been prepared.

The right thing is forgetting about the losses and trying again another day. The fun continuous if we have the funds to gamble on a next session. Exhausting it all trying to recover all our losses only causes anxiety for the player and puts his gambling activity on a bad shape. What is most crucial is enjoying the process not focusing mainly on hitting back what we've gotten and lost. There are multiple possibilities that the player will still bypass his gambling limit and wouldn't stop even if he gets back the losses, which is rare.
220  Other / Off-topic / Re: Why the rich win gambling more than the poor. on: May 12, 2024, 12:00:33 AM
With the experience I have seen so far, the rich gamble more because they are not losing anything, they are still getting money because they don't actually depends in gambling as their source of income, and some of them gamble for entertainment, so whether they win or not, they really don't care and I have also noticed that this kind of people wins more too because they don't have the mentality that they will become rich from gambling. So they gamble maybe to ease stress and pressure etc. And also they also gamble more because they are not afraid to lose and they are also working out their money in other ways like from their skill of acquisition or in their place of work.

What is certain is that rich people have the capital to play bigger. they get more opportunities in the game. I'm not sure how much capital to use to win. but those with more games may have more chances of winning.
gambling is indeed luck, but luck also comes with opportunities. and the rich are closer to their chances of winning. although it does not rule out the possibility that those who bet small can also win.

Their chances of winning could be high but not steady. Gambling is what it is for a low roller and high roller. It's important to note this, gambling is vast and doesn't end up being an activity performed in the casino alone. Hence, in other forms of gambling the rich could be making better opportunities out of it, but, in casinos things seem similar for both classes. One gets more than what he wagers and losses big if the wagered amount is huge. A low roller doesn't feel much pains when he losses. Think of the face of a high roller who lost a whooping amount of money.

That's just it. When one wins he feels he's won so big, yet forget he's been losing big amounts more than he's won this huge amount. Many players think it'll definitely arrive, the win, yes it's quite certain any gambler could win at any time, but that doesn't mean the player wouldn't lose a whooping amount in the waiting process enough to be bigger than what he just got? The odds operates against the players, hence both classes have same chances of losing and winning. Only a difference in wagered amount. Big wager, big loss or win; small wager, small loss or win. Although a player can use a little amount and win big, but it's not just frequently done.
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