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3121  Economy / Gambling discussion / Re: Ever heard about financing a gambler? on: October 11, 2023, 07:30:57 AM
If a friend of mine came to me and asked me to fund him playing gambling, I would refuse because everyone knows that gambling is not a job and there is a losing factor that will be faced by people who want to try to win. They will have difficulty winning and if they borrow money from others, they will also have difficulty paying it back. I have never heard that gambling can be financed but it is possible especially if there is collateral that can be used as something that can be taken if the borrower suffers a total loss.

If someone tells you about this, you can advise them not to lend them money. Playing gambling can cause a lot of losses and even though they can win, they won't know when they can win. But defeat is definitely behind it all so they will most likely lose. And for someone who wants to lend a friend it's better to immediately refuse so that they both don't experience problems later.
3122  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: October 11, 2023, 06:44:07 AM
Lottery does not have clearly visible odds like sports betting which clearly states the odds for each team and this makes it challenging for gamblers to win so there will continue to be curiosity every time they buy the lottery with the predictions they have made.
Even when they succeed in getting their winnings lottery hunters always buy it with the winning money or other money which may only be small nominal amount because in lottery betting anyone with great luck can get the jackpot by just betting small money if all the numbers on the ticket are correct really comes out as whole.

I consider lottery hunters to be people who are full of confidence and trust in what they have in lottery tickets.
Even though it clear they won't necessarily be able to win once a month with so many purchases they are happy and feel quite high adrenaline when they see the numbers that come out and match the row of numbers on the ticket.
Those who buy lottery tickets always buy the tickets because they believe they can win. And it's normal that in the end they will only be curious about the winnings they have yet to be able to get even though they have bought many tickets. But they don't decide to stop buying lottery tickets because they see they still have a chance to win someday. Setting aside a certain amount of money used to buy lottery tickets regularly keeps them hoping to win the jackpot because the jackpot prize is very big and attracts them to keep buying it.

And if they win, some decide to enjoy their winnings and some people still buy lottery tickets because they hope to win the jackpot again. But they still have to wait for their turn to come, especially if they have won the jackpot before so they can only win again if their luck comes again but that is rare.

Well, you are very right, but lets not do away with the fact that, a gambler with more tickets still have a better chance of winning the lottery compared to someone with less tickets, just that sometimes, luck sure takes the center stage to choose some with less ticket as a winner.

For me too, its actually a good thing, for if the game wasn't designed that way, poor lottery players will never have a chance to win the game since they really can not afford to buy several tickets no matter how cheap the tickets are. because after all, the cheaper the tickets, the more tickets the money bags will buy, thereby reducing the chances of winning for those who can not afford as much tickets.

So yeah, luck indeed is the savior here, my personal opinion.
Yes, someone who buys many lottery tickets has a greater chance of winning than someone who only has a few lottery tickets. But if luck comes to the person who has the few lottery tickets, he will be the one who wins the jackpot and vice versa. Everything depends on luck, so people still buy lottery tickets, especially with very cheap ticket prices, so people have a special budget to buy lottery tickets.

So the lottery game which depends on luck, has made many people buy it again. Even people who were able to win before are still buying lottery tickets. And this time, they can buy more lottery tickets than before. They want to double their previous winnings by buying tickets in large quantities. But they also know that it all requires luck so they are okay with spending more money.

Chassing the winning is the sure way to becoming addicted and at most we have to be contented with the fact that it be a rear occasion to see lottery that can change the gamblers life life hitting a $1.000,000 jackpot,  this is most and more rear as the days goes by and because of that,  a lot pf gamblers have resulted into just picking lottery tickets just to do a try your lick games.

So such activities can't give guarantee in any form and shouldn't be relied on for whatever reason or at any point to checkmate and avoid sliding into possible addiction due to negligence and greed.
With such a big jackpot, people will continue to buy lottery tickets and start to budget more to be able to buy them in greater numbers. That's normal because with a big jackpot, people can try buying more lottery tickets. After all, it will give them more chances to win.

But they should still remember that the lottery game requires luck and if they can't have it, they will never win. They may have to wait a long time to win the jackpot. And they are willing to wait for the time to come to win the jackpot.
3123  Economy / Gambling discussion / Re: How was your first experience with gambling? on: October 11, 2023, 06:02:50 AM
Yes large capital does not guarantee a good winning because your luck doesn't shine every day,  there are times that you will have to build up that energy to be able to set a limit no matter what your capital or luck is because in continuing, you tend to risk more even,  so best you allocate limit to each gambling outing and if online there should be a clear demarcation between when gambling and when not to gamble because doing other wise will limit your overall performance and may lead to a more severe and bad outcome.

Nevertheless, as a gambler one also can go overboard and over-excited to go more further but the outcome of that has not always been a friend and since we have to understand what it means to be addicted,  so we know the risk of getting too much involved in gambling.
Large capital should be used to invest or open a business that can provide future profits, especially if we can focus on doing it. If they really want to gamble and win, they have to realize that it is difficult because gambling is not a way to make money. You should think about something that can provide better future results and can last for a long time if we can develop it to be even better.

But what is there is that people will not think like that because they see that gambling can give them a win. They tend to do it as often as possible but they still don't succeed in winning a lot of money because in gambling, they lose more often.
3124  Economy / Gambling discussion / Re: Gambling by financial dependents. on: October 11, 2023, 05:39:13 AM
This is why it isn't really advisable and recommended for young people to gamble. Gamble is a risky hobby and side job if you will try to make it as one. It can be money draining as it can be a money generating source depending on your skills, luck, and strategy. So you should really think twice on whether to enter gambling industry or not if you still aren't in it because it has its pros and cons to be weighed upon. For instance, if you are still a student that is dependent in terms of financial aspect, it could leave you out of money, meaning no allowance at all. And it can be the cause of depression once things can no longer be controlled by proper mindset.
It is best not to use gambling as a hobby because it is expensive and you can also lose a lot of money. Pleaseto look for another hobby that doesn't require too much money and can get the same pleasure. The younger generation has a lot of time that they can use to do other things that can give them more benefits than losing money. The younger generation still needs financial support from their parents because many still need to work and have yet to find part-time work in their free time.

But if the younger generation is already earning income from part-time work, they could use the money for other things such as investing to better prepare for their future. It can benefit them in the future rather than using their money to gamble. If he could gain benefits in the future, he could have a better life than his friends.

A person who is a problem gambler definitely has thinking like that of being able to win in order to silence the people who blame them, but in fact I have never seen someone with a problem succeed in gambling. In fact, I have only seen the person's misery because they chase their losses continuously and find it difficult to win.
someone who has a problem doesn't realize they have a problem because all they think about is playing and playing to win. They will only realize the problem if they have spent everything they have just to pursue that ambition and one day they will experience despair and regret because they are in trouble such deep gambling.
They will only get into more problems if they continue to use gambling to win and make money, especially if their goal is only to silence the people who blame them. They will not realize this but will continue to try hard even though it will not give good results. And yes, misery will come to that person because he has forgotten that gambling is just for entertainment and he doesn't need to play too seriously.

This requires help from the people around him to warn him not to act like that and to realize his mistakes. It is not good to pursue ambition, especially if it is gambling because they will only experience more losses than before. And if that happens to the younger generation, they will only face even more serious problems where they will need more money to pay their school fees.
3125  Economy / Gambling discussion / Re: A Lady Cried After Losing to Sports Bet. Gambling is Not Your Mate. on: October 11, 2023, 05:15:13 AM
looking at the case told by the OP, it was her own mistake to think of gambling as a money multiplier and to place money on sports bets in the hope that her money would be doubled if she won and the woman was stupid, for some reason she had thoughts like that, ignoring the big risks in gambling, even though sports betting can be predicted, but comeback can always happen when the opposing team wins and the chosen team loses.

this is the bad thing about gamblers, not only female gamblers, even male gamblers also have the idea that betting on gambling can earn income and whats worse is betting using money that is used for other things and when they lose and lose their money they will only regret it and cry.
Yes, it was her own fault because she had gambled and might have used a very large amount of money so it clearly disturbed her family's financial position. And now maybe she doesn't have any money left for her family and must also explain that to her family. It was a difficult situation for her but she had to face it and admit that she had made a fatal mistake for her family.

Everyone, whether male or female, still has the possibility of losing at gambling so this requires attention for everyone. They can win in gambling but they can also lose in gambling and often their losses in gambling can be so much that they lose all their money at once. This is a lesson for everyone to refrain from using a lot of money to gamble because they can lose all their money.
3126  Economy / Gambling discussion / Re: Sometimes just flex it ( luck is all you need) on: October 11, 2023, 04:47:44 AM
Maybe he is talkin about those games which skills can mostly matter? There are only rare instances that we can lose on them because of a bad luck. For the most table games, we mostly need luck on them to win. Luck is truly unexpected. The less you expect of it the more it will come but the more you expect the lesser it will be.

This is why it's better to just enjoy the game so that you can attract more luck and even if not, you aren't going to feel bad. As long as we try and play, there will be a time that we can win in gambling but most of it were only small. Oh well at least it was still a win right? I think being lucky also has to do with doing a good deed. This is what they say but it happened to me a lot of times now.
Yes, I agree it's better to enjoy the game and maybe we can win by accident. That will really be a bonus for us because we don't expect to win but instead get victory. When playing gambling, we always limit how much money we spend to avoid losing too much. That will help us prevent other bad things where we can lose control faster than we imagine in gambling.

But we also have to realize that luck plays a role in winning. Even though we are experts in analyzing, if the match conditions suddenly change in the middle of the game, we will lose, which has often happened to those of us who bet on sports betting.
3127  Economy / Gambling discussion / Re: The madness of gambling addicts. on: October 11, 2023, 04:20:28 AM
Yes, you are spot on.

The casino basically sells hope, and charges a lot for it.

In the end, the gamblers usually would have gotten a much better future if they invested their money instead of gambling it away.

But that's the high they get, the probability to win a lot of money in a short amount of time. Even though at the end of the day most gamblers will lose it all.
It's all because people are tempted to make money quickly through gambling so they forget or don't realize that they will only lose their money. And if gamblers can find other ways to make money, they can get it and you are giving them good advice by investing their money rather than risking it.

And only some people are willing to look for other ways to make money. Most people will continue to use gambling to make money even if they have failed many times. After experiencing loss, instead of realizing it, they become emotional and cannot accept their loss.
3128  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 11, 2023, 04:03:03 AM
gambling responsibly, self control, and planning a budget for gambling, all of these are just ways to prevent losing more money and everything will come back to each person mindset. the reason I say this is because currently there are many people who have the wrong mindset towards gambling and whats worse, consider gambling as a place to earn income and there are many people who always increase their budget for gambling in the hope of getting bigger results while casinos dont will never give you a big win unless you are lucky.

It not very good to do this and its better to think about the bad risks involved in gambling so you dont expect too much from gambling.
You are right in saying that each person who gambles must review their mindset so they can realize what mistakes they have made. If he sees that his mindset is different from his initial goal of gambling just for fun, he needs to correct it and return his goal to its original goal. He doesn't need to use gambling to make money, especially if he has experienced many losses while gambling. He should reduce his gambling activities to divert them to things that might be more beneficial for him. Maybe he could make money doing those other things so he wouldn't rely on gambling to make his money.
3129  Economy / Gambling discussion / Re: do anyone have done this? with gambling platforms on: October 11, 2023, 03:32:20 AM
LOL, speaking or typing from my personal experience now, it never ends well for those who win a very big amount of money, and then go on to still continue playing with the money they won, most will end up gambling and losing the entire amount, and might even proceed to make a deposit and still lose it too.

This is exactly what happened to one of my friend, a very good friend of mine, won over $300 dollars in our local currency on a local casino, unfortunately, it was on a weekend, that is on Friday night, and the casino does not pay winners on weekend, they winner will have to wait till Monday before he or she gets paid, so my friend was told to wait till money to get paid.

Long story short was that, he started gambling and betting from the money he won, and before Monday morning, he has already lost every thing back to the casino, it was an  unfortunate experience for him as he regretted this seriously.

So based on this , i will never advice any gambler to tour that same path.
Yes, what might happen if a gambler who wins a big win continues to gamble will experience a very big loss and lose all his money. That's an example and probably unnecessary because when a gambler manages to win a large amount of money, they will immediately withdraw and leave the casino.

As long as the casino can pay your friend's winnings, your friend is better off waiting and not having to continue gambling. But if he continues gambling and loses all his money, it is useless to him and he has really lost all his money. He still wanted more money so he continued gambling but he didn't realize that he already had more than enough money. Greed is what ultimately makes someone regret what they have done.

No the thing is that,  as an AML compliance rule for financial licensing,  any funds into a personal account which go above $5000 must have to go through verifications and at that at some point a gambler who's transactions go above the threshold will be prompted to go through kyc and an anti-money laundering measures,  there is no two ways to that and at such you have to go through with that or operate within the set limits that are set by various casinos and other financial service providers.
I don't know what limits a gambler can reach when depositing and withdrawing money. Maybe $5000 or less, but the verification will come to him if he ever exceeds the limit. That is why one can deposit less money to gamble and should be ready if the casino asks him to do KYC one day. That means we have to pay attention so that we don't have to do KYC even though it might later be applied to all gamblers in the casino.
3130  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: October 11, 2023, 03:03:31 AM
all of this is due to insufficient financial factors to meet daily needs. I mean when someone is married and their income is unstable or they really need money every day and sometimes someone immediately thinks about gambling to double their money but that is a wrong thought but I often see people who are married have a bad mindset like this.

and for me it not matter if a gambler who is married is addicted to gambling if he has a very large income so that no matter what happens his finances remain stable and can meet his daily needs and that is very rare.
sometimes this mindset is very influential for a bettor and if he is married and is the head of the household it would be better to reduce his gambling activities and prioritize his relationship with his family rather than spending money on gambling which ends up having a bad relationship with his wife.
If someone is married and his income is unstable, he should stay away from gambling and look for a better job to meet his daily needs. If he thinks of gambling to double it, it will not work well but he may end up losing and losing his money in gambling. But if he could get a better job, he could make money from his salary to make ends meet. Instead of gambling and not being able to make money, finding a job would be better for him.

If he already has a very large income, he shouldn't gamble because we know that gambling can give someone problems. Even though he can now control himself well, there are times when a person is weak and ends up gambling and he can lose control of himself. That's when he will find it easy to deposit more money to gamble and that's where problems after problems will start to emerge. He can find enjoyment from gambling that can make him return to gambling more often than when he first gambled.
3131  Economy / Gambling discussion / Re: Learning from those who have experience on: October 10, 2023, 12:02:47 PM
Knowledge about recognizing the dangers or negative impacts of gambling and other juvenile delinquency is also very important education for the future of children and provides more insight and builds morals and responsibility for children in the future.
That's why it is important for someone to consider things such as religious and family morals before becoming addicted to gambling. Gambling addiction can seriously damage your finances. Someone who has a mediocre income when they decide to gamble will definitely become addicted and because of the limited money in their account, of course they will look for other ways such as going into debt or selling their assets. Because it is important for someone to be truly financially intelligent and also care about their family.
If parents can teach religion to their children well, whatever their religion, their children will try to always follow what they have been taught. They will not act in violation of the rules or be part of illegal activities or things that could cause problems in their lives. And that will carry over until they grow up because they have been educated from childhood by their parents so that they will always remember it. And maybe those children will never gamble and not experience gambling addiction because they are far from gambling. And they will also definitely care about their family because family is the most important thing to them.
3132  Economy / Gambling discussion / Re: Have you seen gambling advertisements on TV? Opinion. on: October 10, 2023, 11:25:16 AM
I think it only applies in some countries or is allowed in some countries because in my country, TV channels are not allowed to advertise anything related to gambling, as we have what we call the "MTRCB," or "Movie and Television Review and Classification Board," which is in charge of reviewing anything that is shown on television. What you should also worry about is social media, because gambling advertisements are more prominent on that platform, and by clicking the link, your child could easily access the website, accidentally or not.
You are right because there are so many advertisements on social media now and gambling advertisements that anyone can see. Apart from that, the advertisement is made as attractive as possible to attract attention and many people will click and visit the link. Also now people, adults and children can access gambling sites easily and if they find it blocked by their country, they can look for other ways to continue visiting the gambling site. Children may not often see advertisements on television, but the ease of using the internet can enable them to visit gambling sites by chance.
3133  Economy / Gambling discussion / Re: How was your first experience with gambling? on: October 10, 2023, 10:40:50 AM
Well, the thing is that at first it will all look and feel like fun to us when we gamble at first and as a novice, if you are lucky to have won the game it becomes as if you have all the luck and want to go deeper until and try out more luck until he loses and learn a lesson,  so is very important for a first-time gambler to have self-restriction and limit in our gambling activities.

But then we all have to acknowledge the fact that first-time experience is always exciting to a gambler even as you experience some ugly experiences.
That's true and it has happened to many gamblers. They want that luck so they go back to gambling another day because they think they will be lucky another day. And even if they use more money, it doesn't guarantee they can win but there is a chance they will lose more than before. We don't know when luck will come, so we have to control ourselves when gambling and never put hope in gambling to get money because it will never be easy. Many gamblers have proven it and they only experience a lot of losses.

We don't need to follow what they do, especially if our goal in gambling is just to get entertainment. And playing gambling at the beginning can indeed provide a pleasant experience, but we have to know that in the next opportunity, we will not always be able to get that pleasure.
3134  Economy / Gambling discussion / Re: The madness of gambling addicts. on: October 10, 2023, 09:59:55 AM
It is actually the most probable outcome to end up losing at casino games.

That is the math of it, it is very clear. The whole business of casinos make some people think they can end up winning, but that is the least probable outcome
Losing is the result that most gamblers get because they think that with one more play and they will win a lot of money. That's what they think when they gamble, especially if they have too much hope in gambling to win.

The casino business is a business that can give hope to people who are desperate for money. And the promotions he carries out can make the gamblers come back more often than before. And that only happens to gamblers who are very eager to win even though winning in gambling is very difficult. They have to really control themselves so they don't experience too many losses.
3135  Economy / Gambling discussion / Re: Answer this Question on Credits Left on a Slot Machine by Someone Else on: October 10, 2023, 09:26:20 AM
It may be possible if no information or anything shows that someone is the owner. But we should not do it because the credit is not ours. We also don't know if anyone knows about it but they keep quiet because it doesn't belong to them. You can try asking the casino staff if you find it so that you won't experience problems gambling. If you use the credit, you may be accused of being a thief, especially if the credit owner returns to the slot machine and wants to take the credit back. That will be a problem for you. And the casino will know if you have used those credits.
3136  Economy / Gambling discussion / Re: Gambling by financial dependents. on: October 10, 2023, 09:01:18 AM
The huge influence of gambling on people is precisely to draw them into the game and make them think that money means nothing. A problem player always thinks that no matter how he loses, there is always a bottom from which he will push off and become successful and regain the respect of everyone who is next to him. And who at the moment considers him a loser. But it is very important for any player to be recognized by others, because often these players are narcissists. about the latest study, it is narcissistic syndrome that almost all gambling-dependent players have.
They think like that because they will get a lot of money if they win. But that is not the case because in gambling, they will not always be able to win and it will depend on their luck. A problem player may need to take a break to discover that he is having a problem and has to fix the problem. But he wouldn't see that because he thought he was still fine. And if he is at his lowest point, maybe he will try to get up but if he stays in gambling, he will fall again and even deeper. It could be one problem after another as he loses more.

But suppose the player is a student who doesn't have an income and still needs or asks for money from his parents. In that case, he will only experience difficulty after difficulty in continuing his studies. When he loses, his money for school can run out with nothing left for gambling. Moreover, a student can be vulnerable to gambling addiction because we have seen many cases experienced by these students.
3137  Economy / Gambling discussion / Re: Violence and anger could be a sign of gambling addiction in youths on: October 10, 2023, 08:28:09 AM
This is a serious problem which if won't be addressed will start a cycle of violence, uncontrolled gambling, and poverty. Young people should be focused on productive activities and not gambling.

I have also known young people, mostly men, who are too irresponsible when it comes to gambling. Their salaries go to gambling and oftentimes they're left with nothing even when the next payment date is still far.

I don't know how to solve this. But it will help if illegal gambling is eradicated, exclusion by oneself or by family members should also be implemented. Casinos should also be stricter in admitting gamblers.
Today's young generation is easily triggered to commit violence. I saw it happen on television but I don't know whether it was because of gambling or purely because of teenage violence. But this is indeed a serious problem that must be resolved immediately by all parties, especially parents, in providing insight and understanding to their children.

And currently, many young people use their money to gamble when they already have an income. At first, they only participated in gambling because of invitations from their friends but gradually, they felt their passion for gambling grew. And that triggers them to stay in gambling even though they don't win much. Moreover, their friends continue to invite them to gamble together in their free time.

Illegal gambling can be eradicated, but as long as they can access online casinos, it doesn't seem easy because they will move to online casinos to continue gambling. They must know that gambling is only for entertainment and not for making money.
3138  Economy / Gambling discussion / Re: A Lady Cried After Losing to Sports Bet. Gambling is Not Your Mate. on: October 10, 2023, 08:05:26 AM
If she did cried, then she didn't even overreact..lol cus, some peeps can even go as far as requesting for a refund.


Who says she is not asking for refund  Grin

If the tear she is shielding is genuine then impliedly she is asking for help and help means refund. Nothing would make her cry if she is not regretting gambling with the money that she used on the game. Truly ladies are not able to stomach somethings particularly about your money and their money. Well if she didn't get support or refund then she would have learnt her lesson of gambling as she can afford to lose.

She can cry as much as she want, but there is no concept of refund as far as gambling is concerned. Had she won the bet and got a jackpot, will she be OK with a refund in exchange of the reward? There are certain basic rules to follow in gambling and those who don't know them should avoid placing bets. And a lot of people learn from their mistakes, rather than doing this drama of crying and making a scene out of it. My advice to her would be that gambling is not her cup of tea, and she should stay away from any sort of casinos for the remainder of her life.
When someone gambles and that person loses, he cannot ask for a refund. The funds that have been lost already belong to the casino and the person cannot ask for them back. That is why when someone plays gambling, he must know the risks because defeat is already ahead and is only a matter of time. Meanwhile, a person will not know when he will win and even if he continues to gamble, it also does not guarantee that he will win. Many people can learn from their mistakes, but more people cannot. It's best for her to stop gambling again if she can't control herself in gambling because she could experience even bigger losses.
3139  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 10, 2023, 05:59:13 AM
I just don't see the contradiction raised by the OP. Good gambling should be for entertainment, and betting money, and consequently being able to win more, gives it a touch of excitement. I think we've all played cards at one time or another, for example, to pass the time without betting money, but the moment you bet money there is more excitement.

The point is to do it responsibly and without thinking that gambling is a good way to make a living.
It has to be like that, but like I said, they want to make money from gambling, so they decide to keep gambling with even more money. They think they can get a big win especially if they increase their bets to double. But actually, their risk of losing will also be greater than before. That is why they must be fully aware of how to treat gambling as entertainment and not gamble excessively. Apart from that, they must also have self-control and money and time limits when gambling to prevent large losses. And yes, gambling responsibly is what we can do to prevent losses and serious problems such as gambling addiction, which many people have experienced.
3140  Economy / Gambling discussion / Re: Sometimes just flex it ( luck is all you need) on: October 10, 2023, 05:33:35 AM
It all depends on how we control every bet we make, actually a small bet will not make us win big so just enjoy the game as if we were gambling just for entertainment, don't be so serious about gambling that you have to think about winning and lots of money, because gambling is not only talk about victory but also risks that must be understood.

If everyone understands the risks of gambling, I'm sure they will better control each of their bets in gambling and will definitely avoid big losses, regulate each gambling budget, betting budget so as not to gamble too deeply, gamble with money that we are ready to lose and that is the most correct way, but most average gamblers always use money that is usually used for living needs, that is clearly wrong
It's okay to bet with small bets, especially if our goal is to have fun and not chase big wins. But one day, we might get a big lucky break that can give us that big win, especially if it's a slot game that we know can give us big multipliers. And that will be a big win because we only use small bets to gamble but can get big luck.

Maybe these people understand the risks of gambling but the temptation they get from gambling gets bigger, especially when they can win. That will only make most of them continue gambling and not choose to stop for a moment to reduce their tension. And every gambler must set a budget for gambling to prevent losing a lot of money from gambling.
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