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861  Economy / Gambling discussion / Re: Is gambling a weird way of weath redistribution? on: June 26, 2024, 05:21:53 PM
Therefore, this is why we always advise anyone, especially beginners, to first understand what they are actually doing. Because only by having the right understanding will they be able to make various decisions that are in accordance with their abilities, while when someone only sees from one side such as "chances of winning" then obviously they will not have any preparation to minimize other possibilities that can never be tolerated such as risk.
I'm sure those of us who have experience playing gambling have been in that position as beginners and of course there is a lot of experience that is always shared on this forum and we are always reminded to beginners that gambling is not just to make money, let alone a place to find instant wealth, it is It's clearly impossible because that's not the real concept of gambling because what they see is not the same as the facts, usually beginners who come to gamble are not fully aware of the risks because they are influenced by those closest to them or see influencers, let alone streamers.

So all gamblers will indeed end tragically if they cannot control themselves properly and have full awareness that gambling is a game full of risks, so don't just look at it from the perspective of "Chance of winning" it is very old fashioned if you look at the chance of winning because not everyone people can continue to win at gambling too, the point is that before gambling, every beginner apart from having to learn to control themselves, they must be able to have an awareness within themselves that gambling is full of risks so that gambling must use money that is ready to be lost so that undesirable things don't happen when they lose.

Yes, because at first I was also a beginner who did misunderstand how gambling actually was so that in the end I experienced addiction, but thank God I managed to recover by using the methods I created myself, in conclusion, more or less I know enough about the various things experienced and felt by gamblers who have entered the addiction cycle, And one thing I will always advise all gamblers, especially those beginners, to first have the right understanding of how gambling is actually, because understanding is the main key to being able to stay safe in gambling, in the sense that by having the right understanding, it is less likely for a gambler to take various actions that are beyond his ability.

On the other hand, as you said, the initial mistake of beginners is thinking that they will be able to get a lot of money, or think that gambling can make them a rich man, when obviously it is nothing more than a delusion, because the reality is quite the opposite, simply put, instead of earning but what happens is that they lose money in the long run. In essence, there is nothing else I would say and suggest to beginners other than to first understand what gambling is really about, in the sense of understanding that gambling provides a winning opportunity to multiply their money but along with realizing that gambling can lose them even greater amounts of money. This is a neutral point of view that can prevent them from making impulsive actions and decisions.
862  Economy / Trading Discussion / Re: Why do traders lose money in trading? on: June 25, 2024, 05:57:01 PM
Everything you mentioned OP is true, which is where some of the points you mentioned are indeed one of the triggers for more significant losses, and maybe I will add that greed can also certainly be a trigger for losses, no matter how much profit you managed to get in the session you did but if you do not have the ability to control or restrain greed in yourself then usually in the end the results will be disappointing again.

But on the other hand I will also say that in the world of trading risk will always be a part that can never be fully tolerated, meaning that knowledge, strategy and risk management are only useful for increasing opportunities and minimizing the possibility of loss but does not mean that it can completely prevent yourself from losing, meaning that losses are something that is natural or natural for traders and all traders experience it including those who are professionals or who are successful, but when you continue to improve your knowledge and risk management as a shield then the amount of your losses will not be too significant.
863  Economy / Gambling discussion / Re: Day streaming as gambler experience on: June 25, 2024, 05:35:06 PM
Lately, I have started day streaming as a sponsored gambler on one of the casinos I use to be a tester there, I chose one of the known platforms to start my stream, bought the gadgets I need even though Unfortunately I live in a country where the internet speed is limited, the quality of my stream isn’t as good as other popular streamers, however, I have got much support from the community and viewers, had fun and good slot hits.
For now my experience is pretty good for now, but I certainly need some advices from you to upgrade my channel, community, and how to grow and to the next step.

Do you think it is a bad thing to do, promoting gambling?

I do not think that streaming gambling is bad, if a streamer besides showing his gambling experience tells his viewers about the risks of gambling, strive for his viewers to be of legal age. It is clear that we can't protect all minors from gambling, but it seems to me that if the streamer has the desire to do this, it will benefit not only his channel, but the entire gambling industry.

Good luck with the development of your channel! 

Exactly, the point is not only to promote or show something that looks tempting but also to tell about the downside of the activity, in the simple sense of showing that gambling can multiply your money but also by telling that anyone can lose any amount of money in an instant, and this information can form a neutral mindset to the viewing audience in the sense of understanding the opportunities but also realizing the risks.

It is basically a fact that even if the activity you are promoting has a significant downside or risk but when you tell all your audience about the dangers and adverse effects that the activity can cause then ultimately it is less likely for people to blame you when they experience the adverse effects of the activity, because from the beginning you have told them about the downside of gambling if done in the wrong way, but from most of the promotions of gambling sites that are promoted especially on some social media usually stremers really only show everything that looks tempting.
864  Economy / Gambling discussion / Re: Soldiers using gambling to cope with stress. on: June 25, 2024, 05:14:14 PM
Overall gambling has a bad stigma in the eyes of society, but I would also say that depending on how the situation is, if indeed gambling can be made as an activity to distract from worries about the possibility of death when in a war situation then I think it is not a problem to be made as an option. I am sure that the situation in war must be very stressful because lives are at stake, but if gambling can be used as an alternative to relieve anxiety and restore a sense of enthusiasm, it is not wrong to do so, but I would also say that using gambling as an alternative to relieve stress will only be felt by responsible gamblers.

Because since in most cases gambling is very likely to be a trigger for stress especially when done with the wrong mindset and goals, meaning when you are in a war situation and for example you gamble with the wrong mindset and goals then obviously it is the perfect combination to trigger more significant tension or stress.
865  Economy / Gambling discussion / Re: Double your money and quite on: June 25, 2024, 04:53:01 PM
Doubling your bet is not even a method instead it is a norm for gamblers. Every gambler went to the hall or visit the website for the hope of doubling the amount he went with and so e of them before even playing the game they have already budget the money so if they lose it's like they want to dieing. And it is only a responsible gambler reluctantly with happiness leave the gambling scene when  has won back his money and plus the gain. But the greedy ones would stay back and play to win bigger price.

And that would have been the end of the money but it is only the lucky ones survive with that second plan.
Sometimes our expectations are high, we want to win the jackpot because there is a chance to win a lot of money with a very small amount of money. If the gambler expects to double the profit, his gambling profit is such that if he gambles $100, he may not lose the entire amount, or his $100 will turn into $200. But when the gambler risks this additional $100 and gambles expecting a jackpot round, and if he gets the jackpot round, he will be the owner of millions of dollars. Basically gamblers play with the expectation that at some point their luck will change and they will hit a huge jackpot round.

It's not a problem to put high hopes on anything we do, but before putting high hopes and beliefs it is very important to first see and understand what we are doing, such as understanding what and how gambling activities are actually from the positive and negative sides, gambling provides opportunities for everyone to multiply their money but we also have to realize that gambling provides the possibility for all of us to lose all the money we bet without a remainder.

I will explain simply that winning in gambling is not influenced by any action taken by the gambler, or that means whatever action or method or method you do it will not be able to be used as a benchmark or guarantee to produce victory at the end of the session, and that is why victory always comes unexpectedly by chance. This means that the key to a gambler's safety is to know, understand and realize how gambling really is, because if not then obviously you will be played by your own expectations indefinitely.
866  Economy / Gambling discussion / Re: Which is easier, to quit when winning or to quit when losing? on: June 25, 2024, 04:01:15 PM

If perhaps am not able to increase the $100 far more and I ended up to lose all of it just in one day, I will definitely leave and not repeat again through out that day but if I had allow all the $500 to site in my casino balance, I will definitely have the urge to keep trying luck and before you realize it, i must have already lose all the money, so it's better to save yourself of the temptation and withdraw your profit, leaving behind the amount you are willing to gambling off. I don't love to spend too much on gambling just in one day, $100 is even too much to waste just in a daily staking.

Thanks for answering my question. I can see that you are a responsible gambler. You have plans that you follow, and you understand how and when to stop. Personally, I'm not so disciplined when it comes to gambling. Though I must say that I have learned a lot from my years of being a gambler, from time to time I have this problem where I cannot stop when I'm down because I want to end the session with a profit. As a result, when I try to break my rules, I end up losing my focus in the game. Most of the time, when I do this kind of thing, not only do I lose my winnings, but also the entire money I have, including my initial bankroll.

I think your biggest mistake in your gambling activities is very clear that you have too high expectations of gambling, and of course it is the wrong mindset if applied to a place that does not have any certainty and guarantee in the matter of results such as gambling. And another mistake is that you can't take responsibility for all the decisions you've made which when you lose you can't accept the facts of the situation.

On the other hand, I am sure that you will still end up in a situation of concern in your gambling activities, and I am also sure that you will always feel the tension in every gambling session due to the fear of losing money. Therefore the first thing you have to correct in yourself is the understanding of how gambling really is, I would suggest understanding the whole about gambling, don't just look at the chances of winning but also look at the risks, because when a gambler realizes that gambling is a risky activity then most likely they will always calculate according to their abilities every decision they make such as in terms of allocating the amount of budget, fix it as soon as possible friends.
867  Economy / Gambling discussion / Re: He Used Our Wedding Savings to Play Bet on: June 25, 2024, 03:23:15 PM
All these stories arise because people do not know each other well. From this story we see that the couple hastened to set a wedding date, but the woman knows her groom so poorly that she did not even suspect his bad gaming inclinations. More precisely, you can, of course, not know about the groom’s gambling addiction if he hides this addiction well. But the groom is clearly stupid when he asserts with confidence that he can double this money. If it were that simple, then everyone would be doing nothing but constantly doubling their money. But in gambling, no one can guarantee us anything. Your winning is just a matter of chance.
Some couples are so much in a hurry to wed and get married that they don't take their time to study their spouse to be and that is why the rate of divorce is on the increase. I think that it's better that the lady in the story found out about the gambling habit of her husband to be before the wedding, so that she can decide whether to live with an irresponsible gambler as a husband. The man's action of gambling with the money that him and his fiancee were saving for their wedding was a very foolish act, he's an addict and he needs counseling to help him over his addiction.

Yes it's possible, but I don't think it's always because someone didn't take the time to get to know their partner's personality thoroughly, because after all there is always a partner who tries to hide all his bad habits while in the dating period which ultimately makes his partner not know about his bad habits and these habits are known when they are both married, meaning that not all divorces are caused by a partner not taking the time to find out about his partner's habits thoroughly.

Traditionally couples take time to date in order to bond and adapt to each other and their respective families over a period of time that is usually quite long, meaning that I also recognize that when a couple plans a wedding right away it can be a pretty strong reason as to why many of them end up divorcing. On the other hand, I am sure that no one wants to have a partner who is a gambling addict because I think the bad stigma about gambling is widespread in the sense that the majority of people already know the bad effects, meaning that in this case, the male partner really hides his bad habits from the female partner.
868  Economy / Gambling discussion / Re: Online casino gambling is more of profit chasers while land base is more of fun on: June 25, 2024, 02:52:51 PM
Yes, that is something that might happen, meaning that it cannot be denied that a gambler can experience a change in his interest in gambling activities, even though initially as you said, where they gambled with the intention and purpose of entertainment, but that does not mean it is impossible for them to eventually gamble with the intention and purpose of earning income, where one of the factors causing it might be because they feel tempted by the victory in gambling, whether it is achieved by others or by themselves.

One of the causes of this is most likely because they experience a decline in awareness in themselves so that over time they fall into the wrong belief in gambling which indirectly changes their gambling intentions to seek income. The other thing is actually like I suggested earlier that even if for example you gamble for income but if you realize that gambling is a risky activity then of course you have to keep everything within your means, or I mean it's okay to put the intention to earn as long as you gamble without exceeding your limits, and that's the point.

The cause is actually the availability of gambling platforms just in the gambler's palms. Have experienced such troubles and saw that our devices also contribute to the addictive impulses we face as players. Nobody will be able to discipline himself not to gamble when he can access the games through his phone. We all try to regulate our gambling habit, for the fact one could yawn in the morning and see his gadget, playing gambling would always erupt first in the player's mind. Comparing it to the offline casino, it's safe to say that gamblers who play in such casino mainly are being regulated by the unavailability of the casino due to distance. However, players who stay in the casino's hotel have a lot of access to the casino and may get compulsive like an online gambler.

Yups, what you said could indeed be one of the reasons why the population of addicted gamblers is increasing or could be one of the triggers for the increase in interest in gambling, which as you said it is reasonable to say that the convenience of online casinos could really be the initial trigger for this change, And even if a gambler does have a plan for some of the precautions that they have prepared, it does not mean that they will be able to fully do this, because when gambling is more accessible and they have equipment that can really help them to start their gambling sessions such as smartphones or PCs connected to the internet, it is certainly easier for them to fall into the whispers that always tempt their minds to try gambling. And when compared to physical casinos, then of course there is a significant comparison, not everyone has a lot of time to dedicate himself to going to the betting shop, while in online casinos even if for example you only have a little time but still you can bet with the money you have.
869  Economy / Gambling discussion / Re: Can someone take gambling as a source of income to he/she life? on: June 25, 2024, 02:12:45 PM

But most of the beginner gambling there are intentions with entertainment but crossing a healthy limit that makes it uncontrollable or beginners who feel heavy with the loss of money become ambitions to play gambling. At first they did not see with the environment of the gambling world around them what the effects of this effect would occur. If a beginner has a basis with introspection seeing the effect of gambling addicts it might not cross the normal limit

This will always the case if a player gambles with the money they can’t afford to lose since they will keep thinking about the that their lose until they will just keep chasing loss since they can’t let go what was loss.

The secret for a successful gambling career is to never think about your whenever you gamble and just focus on what was in your current gambling condition. This will makes you focus on entering since the burden of thinking your losses will be remove while you can focus on the game.

True, when someone finds it hard or difficult to accept the reality of their losses then it means they are risking money that they are not able to account for, it is very simple to identify and I think at first glance we can conclude that they are irresponsible gamblers, in general in this situation they can usually become increasingly crazy or aggressive in making decisions, because the inability to accept the fact of losing is usually always the initial trigger for the idea of chasing losses in an impulsive way.

On the other hand maybe what you mean by don't think about ourselves when we are gambling is in the sense that we don't put too much ego in ourselves regarding the results that will occur at the end of the session, or what it means is that we have to be neutral and prepare ourselves for any possibilities that will occur at the end of the session, that's true but maybe I would say that in order to have that ability a gambler must first bet an amount that they can afford to be responsible for along with being aware of the risks that can occur at any time.

870  Economy / Gambling discussion / Re: Is gambling a weird way of weath redistribution? on: June 25, 2024, 01:52:28 PM

True, and one thing I will say that if only the majority of gamblers knew about this fact then in my opinion it would be unlikely for them to maintain their intentions and goals of earning in gambling, because after all it is clear that the name of the business certainly has the intention and purpose to get a lot of profit, and if we talk about the gambling business then yes of course the casino benefits from the majority of losing gamblers, or simply put the more gamblers who lose (due to acting impulsively) the greater the casino's profits.

Basically, yes, as you said, it is true that gambling is also the same as other businesses that we know,  there is no significant difference with business in general, and maybe the difference is in terms of the product being marketed, they don't have a product to sell, they just  make a game as an intermediary to get profit from their  business.
Casinos are not charities. They are in it for financial gain. And thats alright. The issue is, too many people enter a casino believing they will be the next big thing. They arent. So, what do we do? We speak the truth to them. We teach them the odds. We demonstrate for them the workings of the games. To inform people, not to frightish them away. That is how we give them power. To equip people with the knowledge required for wise decisions.

Im a businessman. I am in love with closing a deal. And the best deals are the ones where both sides feel like they're winning. In gambling, we require a more fair, open playing field. Both commercially and for the consumers, it is beneficial.

Yes, the sad thing is that not many gamblers understand the true concept of gambling, or that means they don't understand what exactly the purpose of the casino is to create a game, and all they know is "the chance to win", that's what they always remember, so over time indirectly when someone is too focused on one thing then they will create various illusions and beauties related to it, as you say that they think or assume that they will be able to become a big man by engaging in gambling, even though it is clear that overall only casinos have the advantage to gain more profits from gamblers.

Therefore, this is why we always advise anyone, especially beginners, to first understand what they are actually doing. Because only by having the right understanding will they be able to make various decisions that are in accordance with their abilities, while when someone only sees from one side such as "chances of winning" then obviously they will not have any preparation to minimize other possibilities that can never be tolerated such as risk.

871  Economy / Gambling discussion / Re: Is this true or some superstitious believe about gambling? on: June 25, 2024, 11:31:57 AM

One of the reasons why addiction is called a very bad situation is because it is a phase where a person continues to do various actions that tend to be excessive which all lead them to a much worse impact, which in addition yes as you said that another problem is that addiction is a disease that is really difficult to cure, even if for example a gambler can recover from addiction but surely they have experienced some bad effects.

I think that choosing gambling as an activity that is done with the aim of finding entertainment when you have boring free time is indeed nothing wrong, or any activity, even more dangerous, everything will still be fine if basically a gambler knows and understands the level of risk and makes various decisions that do not exceed his limits.
Though you have to be wise about it, gambling may be entertaining. Like all else in life, know your limitations. Dont bet the farm, dont get carried away. The problem is, sometimes people lose sight of that. Family comes in here at that. Your basis and anchor is a solid family. They help you to stay rooted. They alert you to your approaching too deep depth.

But pay close attention; its more than just fixing the issue. Its more about stopping it. Speak with your relatives. Inform them of the risks. Verify that everyone understands what is happening. Trust me; when gaming consumes one, it may ruin lives and relationships. Have fun, then, but be sensible. Manage it carefully. Remember that family comes first. You will be just fine if you do that.

Yes that's the point, don't ever try to take actions that are beyond your means, everyone has different limits, especially when it comes to spending money, and it's a fact that everyone doesn't like to lose, especially not by a significant amount. That's why we always recommend that you never try to make decisions that are beyond your means. I understand that gambling provides opportunities, but we must also be aware of the possibility of risks that cannot be tolerated, meaning that the opportunities and risks are 50 - 50.

On the other hand, I firmly believe that gamblers who can feel entertainment and enjoyment in gambling are those who understand the opportunities but also realize the risks where their minds are not too focused on winning because they realize the risks that cannot be tolerated, so the point is that by realizing and knowing about what you are doing, you will most likely have no difficulty in applying various precautions such as caution or being wise and others.

872  Economy / Economics / Re: Isn't it all about money? on: June 24, 2024, 12:27:37 PM
Each person does have that different conditions or situations in life on which it would really be reflecting out on what are the actions that he/she's making on which we know that it would really be just that right that we would be needing to work our asses  off for us to be able to acquire or achieve something if we are really that serious on making it happen. Hustling could be having that different reasons but it would really be ending up on the main aim is on which to make money and this is something that the common thing that on everyones mind. This is why we would really be doing our very best on achieving on what are trying out to achieve.

Its really that hard not to say about its not all about money considering that if you dont have this then living alone or surviving on day to day basis would really be a challenge or something
that will really be not that easy. This is why you would really be doing your very best for you to earn money and survive and other any other means.
in living life, of course we need money to survive, therefore money is one of the important things in life, especially now that money is everyone's transaction tool and with the development of increasingly sophisticated technology, money can be made online, not just pieces of paper. just. To be able to make money, of course we have to work hard because by working hard we can make money. Apart from that, I'm sure everyone has desires and to be able to realize these desires, of course you need money, such as wanting to have a vehicle or gadget, house or something else, of course you need money. a certain amount of money to be able to own it.

Indeed, even basic needs require money to fulfill them. It is not surprising that many people get into debt when they are in a difficult economic situation, but doing this is certainly not something to make a habit of, as much as possible we should be able to make money with what we can as long as The things you do do not harm other people, such as working or trading. also with the current technological developments that must be put to good use, there are many people who trade online and there are also those who have been successful by doing this, things like this must be used as an example, no matter what their situation is, but what is clear is that surviving is something that has been done. Of course you have to work hard.
873  Economy / Economics / Re: Take care of your money and learn to save. on: June 24, 2024, 12:06:45 PM
Savings is good for emergency purposes but if you are Saving you can even split the money into two so that you can invest one part and then keep the other part for when you need money to attend to one or two emergency that way you can avoid borrowing. Because consistently borrowing money for emergency always is not advisable. Some people are still finding it very difficult to save for some various reasons so are use to spending on unnecessary things. You have to learn to remove your eyes from so many things. And sometimes luxury brings destruction because you will always want to get everything.

The better we start measuring money the better because if things is not the same anymore now expenses have increased because of inflation so we just have to find ways to increase how we make money and also reduce the way we spend that is the most important thing because if you don't learn to manage money you will always find your self in financial crisis.
It's true, it's best not to live in debt because debt usually makes us feel uneasy. If you only borrow money once for an emergency, maybe it won't be a problem, but don't make it a habit to borrow money when you're in an emergency, when The situation is better, we must be able to try to make more money and be able to set aside some money for savings because by having money saved, one of the goals is to handle emergencies that occur. although there are people who are still not used to saving because they only think about temporary styles. and I think this happens a lot with young people who are carried away by their social environment which demands everything that is luxurious.

It's true what you said, if we don't learn or can't manage our finances well then it's likely that we will only experience a financial crisis and that can apply in the long term, which can also involve us borrowing money when we are in a state of financial crisis. Therefore, it is very important to be able to manage finances well to prevent things from happening that could make us experience undesirable situations.
874  Economy / Gambling discussion / Re: Which is easier, to quit when winning or to quit when losing? on: June 24, 2024, 06:24:45 AM
Personally, I find it harder to quit when I'm winning. Greed will be constant to many of us and it takes strong self-discipline to over come it. One reason why I think quitting when you're in loss is easier, is because of financial limitations wherein you will come to a point that you no longer have an amount to gamble forcing you to quit. Unlike with when you are winning, basically you have enough margin to continue and not to mention the idea that you could bet for more because you might be lucky that time and such thing does not happen on a daily basis. Fortunately I managed to cope up with greed. I now track my win-loss data to help me be consistent with monitoring  the money I am engaging in gambling activities.


Well, for sure it is not the same to all of us. Some people will be doing anything to continue despite of loss and due to frustrations, however, the reaosn why many gamblers are in loss is because they lack control of  oneself to secure profit at least if you have the game for that day.
When greed kicks in, then this is the moment that you would really be finding yourself having that kind of situation on which you have made your small capital into big ones because of winning or simply being lucky then on that particular point you would really be thinking about having that luck all the way on that point on which having those thoughts or feelings that you could really be able to do
such thing when it comes to winning up the game even further and making those balance way more bigger on which you had already that anticipated. If you would be able to make it big then good for you
because luck is on your side on that point but majority will really be busting all of those winnings back into the casino on which this one would really be leading up into such huge regret on the moment that you will really be losing up.

Yes that's right and maybe I will simplify your idea above about gamblers who cannot ignore greed in themselves, in the sense that when they are in a lucky situation that makes them win big usually they will think that by continuing then they will be able to get a much bigger amount of winnings, in the sense that they feel that luck will last longer, even though however it can never be known, because after all the name of luck is something that will come without being invited and leave without saying goodbye.P

And in the end as you said that often gamblers who apply greed end up in a worrying situation, in the sense that all the winnings they have managed to get back to the casino due to intolerable losses. It is clear that this is the reason why applying greed is always prohibited in gambling, because there is absolutely no certainty for you to get a bigger amount, so it is better to avoid such actions if you do not want to end up with regrets.
875  Economy / Gambling discussion / Re: After losing the money in gambling,what is your strategy on: June 24, 2024, 05:12:12 AM

Yes, I understand that it is not an easy idea to do, especially if the amount of loss is very large, but I think there is no other way that can be used as a prevention when a gambler is in that situation other than stopping, because most likely then they will only be controlled by their emotions which will make them take various actions and decisions that are more crazy.

Emptying the wallet? Yes that can also be used as a precaution, but I think the idea should be prepared before a gambler runs a session or simply before they experience a desperate situation such as losing a large amount of money which is really difficult to empty your wallet when your whole mind is consumed by emotions. I've also done the idea you suggested where before I gamble I empty all the money in my digital wallet when I get involved in any kind of online casino, and it works to hold me back, or I mean it works to make me stop at the right time because I no longer have a way to make a deposit. The other thing is of course as you said that if we are truly responsible gamblers then maybe we don't need to make such elaborate preparations, but it doesn't hurt to do it as a preventive measure.
The act of emptying your wallet requires self-awareness. Like anything else in life that makes your blood race, gambling is all about controlling those basic impulses. It has to do with realising that although strong, our emotions can also mislead us. You wouldn't show up for a business meeting high on adrenaline (or drug). Or same with the casino

Establish those boundaries mann. Not just financial limits, but emotional ones too. Determine what drives you to chase those losses and then build that damn wall. You pick up skills in anger management and productive channeling in addition to fighting. Walking away from the table knowing you're the one making the decisions is the true accomplishment here, not how much money you gain or loss. Such discipline permeates all area of your life, including your work and relationships

Well that's the point, in the sense that in order to make the idea of emptying the wallet work a gambler must really be aware of the possibilities that can occur, meaning that before you run the session then you must first prepare for the idea which is what I did by emptying all the contents of my digital wallet before I started entering the gambling session. But if you think or suggest the idea when a gambler is already overcome by emotion then I think it's very unlikely that they will be able to do that, it's too late.

On the other hand, what you said is very true that we not only need to limit the amount of budget but also of course it must be followed by limiting the emotional self, because it is useless if you only put limits on the budget because in the end your emotions can really push you to do various impulsive actions like what gambling addicts do, and the point is that self-awareness needs to be really prioritized.
876  Economy / Gambling discussion / Re: He Used Our Wedding Savings to Play Bet on: June 24, 2024, 04:21:00 AM
Even though i don't know this young lady in question personally, i felt true pity for her after coming across and reading her confession, i know how important weddings are to women and for the fact that she herself joined the man in saving, and even contributed about 60% of the entire funds they managed to save, shows or showed how committed she was to see that their wedding takes place, but unfortunately, the man gambled the money away, what could be more heart breaking than this?
Her fiance just displayed the highest level of irresponsibility and that alone for me is a  reason she may have to reconsider the relationship because if she proceeds with the marriage, in the nearest future, chances are that he may end up using funds mwnt for something really important to the family to rather gamble than to meet up with the need sof the family and that in itself will be very detrimental to the family which she knows, this is a great opportunity for her to learn and make sure to see the errors and the possible Chances of their marriage having a huge problem in the future which she may not be able to bear and will proceed to divorce which may turn out another huge stress on its own.

True, the incident indirectly tells the female partner that the man she is going to marry is someone who does not have a good responsibility in him, and of course what you say is a possibility that is really very likely to happen, in the sense that if the two of them continue their marriage then yes there is a possibility for the man to do more crazy things which can damage the harmony in their household relationship or even threaten their lives. On the other hand, a man is the head of the household in the family, meaning that they have a very big responsibility to maintain the lives of all their small families at all costs, while on the other hand gambling is an activity that requires someone to always allocate money, and if the gambler is already addicted then of course it is likely that they will not hesitate to do or take various crazy actions that can have a very negative impact on their family life. So this incident indirectly tells the female partner to reconsider her decision before regretting it.
877  Economy / Gambling discussion / Re: Online casino gambling is more of profit chasers while land base is more of fun on: June 24, 2024, 04:01:49 AM

I don't know enough about whether the idea of gambling for fun is a goal that is prioritized by gamblers, or whether it is the only goal they come and engage in gambling, but after reading your ideas I came to think that the intention of gambling to earn is still very likely to be owned by the majority of gamblers including those who always say that they only gamble with the intention of entertainment. The logic is of course everyone wants money especially if they get it for free (when lucky and win in their gambling session).

On the other hand it seems that I will forget about that and I will say that actually regardless of your purpose in gambling the most important thing is that you must treat your gambling activity according to your ability, I understand that this is a difficult action to take by gamblers who come with the intention of earning, but there is no other choice than that. What this means is that it may not be a problem even if you come to earn as long as you don't take actions and decisions that exceed your capabilities, such as in terms of allocating a certain amount of budget and self-control.


Initially, gamblers come to their casinos to find entertainment to have fun, but slowly that feeling will disappear by itself because he sees the victory of other gamblers and he really wants to get the same victory so his goal will change to find entertainment accompanied by seeking profit at the casino.
And this kind of experience may have been experienced by some gamblers and we should not be hypocritical about it because feelings like that will arise by themselves and I think it is natural and common for a gambler.

And agree with you, the most important thing is that we carry out gambling activities while maintaining proper control, allocating the right funds and according to our ability to bet because that step might be able to help us prevent us from getting addicted and losing a lot of money in gambling.

Yes, that is something that might happen, meaning that it cannot be denied that a gambler can experience a change in his interest in gambling activities, even though initially as you said, where they gambled with the intention and purpose of entertainment, but that does not mean it is impossible for them to eventually gamble with the intention and purpose of earning income, where one of the factors causing it might be because they feel tempted by the victory in gambling, whether it is achieved by others or by themselves.

One of the causes of this is most likely because they experience a decline in awareness in themselves so that over time they fall into the wrong belief in gambling which indirectly changes their gambling intentions to seek income. The other thing is actually like I suggested earlier that even if for example you gamble for income but if you realize that gambling is a risky activity then of course you have to keep everything within your means, or I mean it's okay to put the intention to earn as long as you gamble without exceeding your limits, and that's the point.
878  Economy / Gambling discussion / Re: Can someone take gambling as a source of income to he/she life? on: June 24, 2024, 03:37:05 AM

One thing gambling and pressure is that sometimes you just lose it and go off to your comfort zone and before you know it you starts doing things that you have actually tried to stop just because you can't let go of maybe few loses that you enquired when playing and that's why having the thought of losing as a possibility is really helpful because you are never certain that you would always get profits when playing.

Having that inside you can prevent you to keep pushing for more,  I mean if you understand both the risk and potentials, the chance of losing more than you can afford can be avoided, if you already have that acceptance inside you it's not hard to stop and quit, though it's always easy to say it but very difficult to execute when you are in the situation, especially if your adrenaline is pushing you to keep trying if you till got some money to top up.

True, one of the keys to being able to stop at the right time is to have the ability to accept the risks experienced such as losing, and this ability will only be possessed if someone has the right understanding of how gambling really is, as you said by understanding that there is a chance of winning but also realizing the risk of losing, and this understanding can support someone in terms of applying responsibility in every decision they make.

This means that I agree with you that having a proper understanding of how gambling actually works can help one avoid the possibility of losing significant amounts of money, and yes of course saying will always be easier than practicing, but it doesn't hurt to have that plan early on because I'm sure over time if a gambler really cares about their own safety they will continue to train themselves to be responsible gamblers.
879  Economy / Gambling discussion / Re: Is gambling a weird way of weath redistribution? on: June 24, 2024, 02:43:05 AM

The casino business is indeed a complex one. It appeals to all strata of society, the rich, the average, and the poor, equally. The algorithms of the games are structured in such a way that they always favor the house, ensuring that a majority of gamblers end up losing.

The various operational costs, including those related to staff salaries, rent plus electricity and other numerous bills, all spell out the necessity for casinos to keep their profits high. In addition to that, money laundering practices paint a clearer picture as to why casino regulations tend to be stringent. These details together present casinos as profit-driven business entities; it appears charity is not their forte.
It actually is a complex one and it is not different from other big businesses that we know. They need OPEX to cover their entire company to keep it running and they have staff to pay and everything. And that's why they need to have a source to get all of those expenses and the difference is that they're a gambling business. While the others have different products but if we're going to take a look at it, they're all in the same logic as a business. There is no need to be too wary about it because it all lies to the profits that they all get from all their customers and everything is calculated and on a budget including promos, bonuses, etc.

True, and one thing I will say that if only the majority of gamblers knew about this fact then in my opinion it would be unlikely for them to maintain their intentions and goals of earning in gambling, because after all it is clear that the name of the business certainly has the intention and purpose to get a lot of profit, and if we talk about the gambling business then yes of course the casino benefits from the majority of losing gamblers, or simply put the more gamblers who lose (due to acting impulsively) the greater the casino's profits.

Basically, yes, as you said, it is true that gambling is also the same as other businesses that we know,  there is no significant difference with business in general, and maybe the difference is in terms of the product being marketed, they don't have a product to sell, they just  make a game as an intermediary to get profit from their  business.
880  Economy / Gambling discussion / Re: Is this true or some superstitious believe about gambling? on: June 24, 2024, 01:59:14 AM
Anything that is abused is wrong. That's why people are calling it an evil habit because there are those who abused it and never recovered. It's not far from drugs and alcohol where people becomes addicted to and was not able to stop it anymore without the help of a rehabilitation or a therapist.
What the man said was only right when he identifies the gambler who is addicted to it. But to just gamble looking for a bit of fun to get away from boredom is not evil at all. It's an escape from doing nothing the whole day especially those who want to take a rest and enjoy their weekends.

One of the reasons why addiction is called a very bad situation is because it is a phase where a person continues to do various actions that tend to be excessive which all lead them to a much worse impact, which in addition yes as you said that another problem is that addiction is a disease that is really difficult to cure, even if for example a gambler can recover from addiction but surely they have experienced some bad effects.

I think that choosing gambling as an activity that is done with the aim of finding entertainment when you have boring free time is indeed nothing wrong, or any activity, even more dangerous, everything will still be fine if basically a gambler knows and understands the level of risk and makes various decisions that do not exceed his limits.
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