The problem is that today the gambling landscape is painted with people always losing against the house or bookies, trust me gambling is much easier when you have you risk management under control and if you have the right bankroll for it...
And if we look at how people gamble, you have $1 playing for 10,000 odds how on earth do you expect to beat the bookies ?? Smart gamblers don't need monstrous odds, just 1-5 games should be enough and your winning rate goes up.. anything beyond this lowers the players probability of winning!
Yeah, that's the thing... the thing is that all bets are against the gambler, really. So, in a way, the best move is not to play. But, if you are going to play, might as well have some fun with it.
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As far as 'Would you rather' questions go, this one is pretty weak. How about something like, would you rather lose a finger and get $500,000 or lose an arm and get $10,000,000?
or
Would you rather gamble $1 on a bet that could win you $1,000,000 but you only have a 0.1% chance of winning, or bet your entire life savings with a 50% chance of doubling it?
or
Would you rather be broke with a miserable life, but you get to spend it with the person you love, or you are alone forever but the person you love ends up rich and famous?
Yeah, those are more fun. I would prefer to lose a finger and get $500,000. I would prefer to gamble $1 on a bet that could win me $1,000,000 but I only have a 0.1% chance of winning. I would prefer to be alone forever, and the person I love ends up rich and famous. I actually think I prefer my current life really
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Lower your expectations and acceptance, but sometimes we can’t stop ourselves from getting mad because we’re only human. Even if you know your chances of winning are slim, once you lose, of course you can’t expect everyone to be as nonchalant as you are. Well, as long as they don’t redirect their anger toward things or people around them, it’s fine. Or if they’re not making people around them feel uncomfortable, it’s fine. Anyway, at least it’s good to read this kind of story from time to time.
I think that in the end you just have to assume that you're going to lose money. So, might as well enjoy the betting stage, and just take it as a fun entertainment. In the end you pay for it, but if you consider it as fun money, it's all good.
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In my neighborhood, many people enjoy gambling, and it could be said that people from all walks of life do it, but not everyone does. Gambling is no longer unusual among young people or students, especially now that online gambling is so prevalent. Not only that, but even older people engage in online gambling. It's their right, but I'm concerned about knowing a man whose economic background is lower-middle class and who is also the head of a family, but his gambling habit has become a problem for him, affecting his family because he doesn't have a steady income. I myself enjoy gambling, but I only do it alone.
Yes, of course. And the thing is that you would be surprised if you start to look outside of your bubble. There are so many people in the world, and each one are doing so many different things. Many people think that most people are like them but in reality it's quite different.
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~snip~ How many active gambler will agree to gamble once a year? as long as the season is up and running, most active gambler must gamble at least twice a month and that makes up nothing less than 20 times of active gambling per year. even with that, it is still a moderate way to gambling as it is certain that someone that gambles that amount of times per year can never turn out to become addicted to gambling.
The easiest rout to becoming an addicted gambler is when you do it almost everyday and can not leave comfortably without thinking about it. daily gambling is a wrong gambling approach but assuming that a gambling can just do it once or twice a year raises the question, when will the gambling take as the convenient time to gamble and what is the certainty that at other times, the urge to gamble will not come?
Yeah, well, the keyword there was active, really... No active gambler will only gamble once a year. That's the main thing, if you think about it. If you are active, you do it frequently.
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I would advise them to watch a sporting event first, if possible, and if possible, watch it live. This way, they'll learn about many things, from the impact of home and away games, the effects of early substitutions or the opposite, or even unfair refereeing, and other, even trivial, factors. Furthermore, they'll see that a much stronger team doesn't always win. Many unexpected things can cause a stronger team to lose, and sometimes these are caused by trivial things that happen on the field. One thing that's even more important, in my opinion, is to bet with an amount of money you can afford to lose, because everything you learn in gambling won't always go your way.
Yeah, for sure... I think the best sports gamblers are actually the fans themselves, because they can end up knowing so many hidden things about the players, and other things that might affect the performance of the teams. Casinos also know many of these things, and add that info to the odds, but they cannot have that detailed information for every game.
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Which can be more addicting between the two: placing small bets every day or gambling only once or twice a year but doing so with huge amounts of money?
If you place bets every day, your brain might get too used to it even if it is just a small amount but betting less frequently but with bigger amounts of money may lead you to be emotionally attached to that money and may feel extremely happy to win and extremely disappointed to lose.
So what do you think gets someone more addicted?
I think it depends on the actual numbers. For example, if the small bets are so close to zero that they don't even register in the brain, then the big ones will be worse. But if the small bets are, say, the price of a lunch, then they would start to affect the brain more and more, and getting more addictive.
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~snip~ Yes, that's completely true. Those board games are like puzzles, you need to think before you act and by so doing, you are exercising your mind and getting smart but slots games will not allow you to make any much calculation because even if you think you really have any strategy to apply, you won't get the chance to win and also to be smart in the process of playing.
But the thing is that in the end, the casino games have always odds against the gambler. So, how are you supposed to win a game like that?, even if you are smart and calculate all the odds every time, you will end up with basically "the best move is not to play" as the strategy... And meanwhile, someone could have put a bet that is really bad for them in terms of odds, but got lucky and won big.
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That is not important to me. I don't search for that and choose my games by feeling. Mostly I play slot games which I just check from the casino's list of games.
I don't verify my bets because that can waste my time just checking my bets. I can not enjoy my gambling time and just busy with that. Even if I check and get provably fair, I still need luck to win. So that will not be important for me.
Yeah, I think at the end of the day the casinos will have the advantage any way. Might as well concentrate on having a good time, getting good entertainment value for the money. If a "better" game is more boring, then I don't really see the point of playing that instead.
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~snip~ It is easy to say we need to do it responsibly, but once we are already facing our game and start the ball rolling, would be hard to stop at the middle of it. Even if let's say, our bankroll is about to deplete, we usually find a way how to prolong our game. And sometimes, it is by taking a loan just to continue the game. And that for me is a signal that I need to stop no matter what. I just want play with extra funds these days and not go to the route of borrowing someone else's money just to push thru my game. So for me that's the best way to gamble - play with extra funds and not funds for your basic expenses as well as you have clear limit for yourself, meaning, you always know when to call it a day.
Yeah, that's true. Talk is cheap, really... You can always say for example, "just eat less", or "exercise more", etc, but it's actually quite difficult to maintain a balanced diet while also working full time, having social events, etc. Same with addictions, easy to say "just stop", but when the brain is hooked into something it's hard to go away.
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Lower your expectations and acceptance, but sometimes we can’t stop ourselves from getting mad because we’re only human. Even if you know your chances of winning are slim, once you lose, of course you can’t expect everyone to be as nonchalant as you are. Well, as long as they don’t redirect their anger toward things or people around them, it’s fine. Or if they’re not making people around them feel uncomfortable, it’s fine. Anyway, at least it’s good to read this kind of story from time to time.
Yes, the thing with the human mind is that it will always receive those feeling, but we do have the control on how to react to them. That's the key i think. The person who is able to control how they react to their world is in a much better position than a person that just does whatever they feel at the moment.
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It depends on the time we spend playing those games on average, let's say if someone is spending 30 minutes of their day to playing some quick games, this can bring positive outcomes such as relieving work stress, gives some kind of refreshment and even some kind of relaxation to the brain from the usual routine.
But the scenario changes completely if someone is spending 6 hours of their day into playing casino or rolling dice on an everyday schedule that is bad and can make one less creative over time.
But what if in those 30 minutes the gambler loses all their monthly income... I wouldn't consider that a relaxing half an hour, it would be pretty stressful. I think it all depends on the amount of time but also the amount of money involved.
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Neither gambling or doomscrolling is good for long term or has any well being purposes.Gambling deals to financial losses and careless addiction, doomscrolling engages psychological declination.On a health perspective,it's just better you don't engage in either of them, they're both damaging and draining activities.
What if you're doomscrolling about gambling?  Yeah, I think they're both bad for you in the long term, but at least doomscrolling you keep your money. One might lead to the other, though...
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~snip~ That is true. Gambling can be kind of an instant killer, when alcohol is a slow and silent. I also think that its harder to get an alcohol addiction than gambling. When a person drink, he faces intoxication and it can prevent from drinking repeatedly. Some people are scared by smell and taste of an alcohol. Gambling does not scare anyone, it always welcomes everyone.
Yes, that's the thing. Drugs, including alcohol, cost money, of course, and people addicted to them will need to get extra incomes, etc. But the thing with these drugs as you say is that at some point the user (or abuser) will eventually pass out, or satiate, etc. There is a point where taking more of the drug is not needed. Also, the rate at which they consume it is slow, relatively speaking. But with gambling, in one night you could spend all your life's savings.
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It's clear that gamblers with addictions inevitably experience financial problems. And when they have families, meaning they have many dependents, the family's financial situation will inevitably be disrupted. I've also heard of several cases of divorce due to excessive gambling by a husband who can no longer provide for the family's needs. This even happened to one of my friends. Furthermore, they often end up in debt.
So, I think it's best to tell your partner about your gambling activities. At least that way, you can brainstorm solutions to prevent gambling from destroying your family relationship.
Yes, that's most of the time true. Most addictions actually cost money, so people that have these addictions will eventually run out of money. The thing is that with gambling addiction, you can much faster lose all your money compared to other addictions.
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~snip~ The odds will always be in favor with the casino, that’s for certain. It’s their business so they will do everything to make it thrive. It’s just that with provably fair games, you can’t experience being rigged nor cheated, because that’s the ultimate goal of provably fair games, to serve fairness and justice for everyone who’s gambling.
Yeah, that's right. But I would have expected that being provable fair would be a requirement to get the license to operate in any country, really... I mean, if you can't prove that your machines are giving you a fair result, then of course they could just scam everyone.
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~snip~ Right, most gamblers don't even check whether results they are getting are fair and there is nothing wrong going on with their numbers, but only because the majority of people do not do it, it does not mean it should not be an option to be able to verify fairness on one's favorite casino games, you know. There should always be an option for anyone to cryptographically check fairness on casinos.
It reminds me a bit about the debate on freedom of speech in the United States and also on privacy. Only because one does not have something to say, it does not mean there should not be warranties for others to be free to say whatever they want...
Yes, I think it's just the fact that doing due diligence is actually boring. Most people just want to have fun, entertainment, etc. They don't want to think. I guess it's in the interest of the casinos to keep things like that.
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I keep hearing stories of people hitting big parlays or even claiming they live off sports betting. I believe it’s real, but it’s really hard to reach that level. The bookies always have the juice built in, so they’ve got the edge no matter what.
Yeah, you might catch a hot streak now and then, but can someone actually survive in the long run just by betting sports? Or is it something only a very small group can pull off while the rest of us end up giving it back?
Do you think anyone can actually pull it off, or is it all talk?
The math tells the true story here. There is simply no way to win against the casino in the long term. Yes, you might get lucky here or there, but eventually the casino will win more. And also it's good to remember that the casino has more money to bet anyway
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If gambling could be a your motivation just to work id rather not to have this mindset because you are just in the endless cycle of getting a work hard earned money and then you will spent the money again in playing gambling and once its all done you will work again until you drain yourself due to excessive work load and task, instead why not make yourself more improve, get assets, get a good amount of cashflow so you dont mind where to get a money on the next day and use for your gambling activities. By that still you can sustain and enjoy your satisfaction.
I think you're onto something. I guess people could use the motivation to work smarter and harder, because of gambling. But if they keep gambling, eventually all their money will be gone anyway.
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