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1661  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: December 13, 2023, 01:30:33 PM
Yeah, stop or pause and re-assess yourself, if you still have that capability it means that your addiction is not that deep yet, you can analyze what happened and what went wrong, if you are open to accept all the help that being provided, it will be an easier journey to quit away from gambling, it's all on you and how willing you are to stop.
Stopping gambling to evaluate what has happened to us while we are gambling is very necessary so that we can find out whether there are any negative impacts that we have experienced. If there is an impact, we can find a solution or we can even reduce gambling activities and the time and money spent on gambling. And we also have to be able to control ourselves more vigorously so that we can reduce its impact. We have to be open with all things, especially those that can help us reduce our gambling activities, because it is for our good too. We cannot continue gambling when we are having problems gambling and have to solve it first before the problem gets bigger and we will have more difficulty solving it.

You should have that time to stop when you feel that you are already doing something that is not usual with how you do your gambling activities. From that point, chances that you will be able to determine whether you are still in good shape or you are already exceeding  from what is supposedly limits your participation.

Most of the time, when you already exceed, it's added to your desire to continue and take a longer run, things that have put you in danger, as gambling is really something that is difficult to control when it already dominates you.

Take that time to pause for a while and rest yourself if it's needed. There's nothing wrong if you need to assess
something in you, that's the right thing to do when gambling is all around you.
Most of the time, we dont know when our harmless hobby becomes dangerous. Take a critical look at things: picture Alex. Alex starts gaming for fun, but soon it turns into something he does every day. Alex doesnt know what his limits are because of the thrill. Soon, Alex is gambling not just for fun but because he has to. This is a familiar story; its a lot like how many people get into gambling problems.

How to get it? Knowing yourself and setting limits. Its very important to know when "just one more game" turns into a need instead of a choice. Its important to set tight limits on both time and money. When we feel like we're going in the wrong direction, its time to take a step back, look at things again, and maybe ask for help. Remember that gaming shouldnt be a necessity; it should be something you do for fun.
1662  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: December 13, 2023, 01:02:31 PM
The winning money is always the unique one,because it will be the bigger one compared to the money used in the game.Even the government made the law of taxes to the gambling site,the gamblers can easy pay of taxes with the winning money.This will only affect the person who doesn’t made the money from winning and also need to pay the taxes for the gambling involvement.The gamblers will share their joy with the family members and with their close friends.The gamblers should keep their mindset of have fun with their money from the gambling site,mostly the gambler will spend all their winning money nearly close to ten dollars of their full winnings to fulfil the desire.
Yes, gamblers must indeed maintain their mindset so that they can have fun with their money by gambling moderately. If they can win from gambling, they must be able to feel enough and can decide to take a break to reduce tension after winning. If they can do this, they will have no trouble using their winnings and will not continue gambling because they will remember that winning is a rare thing and they should be able to appreciate it. By stopping gambling, they can use their winnings well and if the winnings are not large, they can still stop gambling to reduce tension and save the remaining money so they can use it to gamble another day. Maintaining this mindset must indeed be done continuously so that there will be no temptation that can influence him to continue gambling.
Definitely, self-control is very important when gambling. But we have to ask: isnt gambling naturally tempting and hard to predict? Let's consider a hypothetical scenario: a gambler wins a small amount. This small win causes a chemical reaction in the brain called dopamine to be released. Naturally, we want that feeling again. Will a single win really teach people the discipline they need to stop? Psychological and historical evidence suggests otherwise.

"Chasing losses" or "repeating wins" are common mistakes gamers make. Do we really mean what we say when we say "I'll stop after this win"? "What if I win more?" often makes people deviate from their smart choice to stop. Therefore, the idea behind gambling responsibly is fundamentally wrong. Not about winning or losing, but about knowing how gambling affects your mind and staying in control of it.
1663  Economy / Gambling discussion / Re: Slot games are a waste of time and money (most of the time) on: December 13, 2023, 12:34:46 PM
If it's like that, it's good and makes sense too, someone has to manage their finances so that they don't gamble using money that is intended for their daily basic needs. they will continue to deposit their money in gambling especially if they don't have good self-control where the defeats they always get will make them curious to continue gambling without thinking about the losses they have felt. let's say they are addicted, even though they are aware of themselves who are addicted to gambling but in my opinion they will not admit that they are addicted, because people who are addicted to gambling tend to be embarrassed to admit that people know they are addicted to gambling.

yes you are right, they can win or get benefits, but the benefits they get are not much nor will they get it often because admit it the chances of winning are thinner than the chances of losing. it is also not good to make gambling a source of income, as you said to make money they have to look elsewhere not in gambling because I also do not recommend it like this.
Yes, a person must manage his finances well so that when he gambles, he only gambles with the money he has prepared. He is also not allowed to use money intended for basic daily needs and that means they are not allowed to gamble beyond their limits. If they lose control once when playing gambling, there is a possibility that they will repeat it another day and it will continue over and over again. And if they repeat it often, there is a possibility that they will become addicted to gambling, where they will no longer have self-control in gambling so they will only lose even more money. They must remember their limits and hone their self-control so as not to gamble excessively and if they are used to doing so, they can enjoy gambling games.

And when they like playing slots, they have to be even more careful because when playing slots, someone must really be able to limit the amount of money. After all, people often forget the limits. And that's what happens to many people. They return to playing slots but after depositing more money. That means they have exceeded their limits, and when they lose, the number of losses increases. In the end, they couldn't reduce the number of losses but instead increased the number of losses.
Imagine that we see someone, lets call him John, carefully managing his money. He has a separate "fun fund" for gambling from his "essentials." He walks into the casino feeling sure of himself and in charge. But heres where things get challenging: John loses, and the urge to "win it back" grows stronger. He takes money out of the "fun fund" for next week. Stop right there! He's taking a step that could be dangerous.

This happens all the time, which is scary. Its not enough to just set limits; you have to do the impossible and stick to them. This is especially true when it comes to spots. John keeps losing money even though he knows that the next pull could be the prize. It keeps going and going. What is the key? Know when to take a step back. These days, its not just gambling; people are risking their money and ability to control themselves.
1664  Economy / Gambling discussion / Re: Are you Spending more or less money on Casino this Holiday season on: December 13, 2023, 12:08:06 PM
Stop wasting your time in casinos, the earlier you move out the better, don't feel comfortable, don't drink, its part of the plan, I have walked into a casino where they serve free drinks, damn, too many people just love free things, not knowing that its a way of making them sit their asses down on the chair for countless hours and go home with nothing.

I don't like using the casino, its too comfy and that's dangerous, so I prefer online gambling, I don't have to focus on how many hours I am about to spend but the money I am willing to lose at the moment, this is easier for me than anything else.

If you are still a fan of offline casino then you have to go with the timing or the exact amount you are ready to lose, don't walk into a casino thinking that you will risk only $20 dollars and you go in with $200, the chances of spending $190 on gambling is possible, give no room to things like this, be disciplined.
Lets face it: gambling is always a risk, whether you do it online or off. You're right - casinos with free drinks and cozy chairs are just tricks to get people to spend more money and time. And, gambling online is not much better. Even if you cant see the time, the chance of losing money stays the same.

Think about this story: Someone I know thought that gambling online was safer and better regulated. Still, he ended up in water that was deeper. Why? "Just one more bet" is a strong temptation, whether you're gambling online or off.

Setting a time or money cap is a very important discipline that you preach. Self-control is more important than the tool. The chance is the same whether you click a mouse or pull a lever. The house always has the upper hand, even if the computer makes you feel like you have power. Stay focused and follow the rules.
1665  Economy / Gambling discussion / Re: Why the rich win gambling more than the poor. on: December 13, 2023, 11:42:11 AM
That is a common blunder but one that must be avoided at all costs, if a poor person has to choose between gambling or satisfying their needs with their limited amount of money, they need to always pick the latter and disregard the former, gambling should be an activity we do only when we have some additional money we do not mind losing, betting money we actually need for anything is a big mistake that sooner rather than later will cause us massive problems down the line.
Yes, I also think like that because by prioritizing meeting their needs, they don't need to use their money to gamble. They can also avoid losing money from gambling games because when playing gambling, they are more likely to experience loss than win. When they lose, their emotions can increase, which can result in them continuing to gamble because they want to recover from their losses. That is clearly different from rich gamblers who can use a lot of money while they don't worry about other things, including money, to meet their needs. That's why rich gamblers can do several things at once because they are financially supported better than other people.
For many people, gambling turns into a circle of losing and losing again. The house always wins, thats the harsh truth. Why? Because thats how games are meant to work. They try to get people to come in by saying they can win big, but the odds are always in favor of the casino.

Think about this story: Just an average guy named John starts gambling. At first, everything seems like fun, but soon, loses start to add up. He loses all hope and starts gambling more to get it back. John walks right into the trap. As a result, more losses happen because of shaky reasoning.

Rich bettors, on the other hand, have their own world. They bet for fun, not because they have to. Are you losing? Just a small problem. They can take risks without putting their job at risk because they have extra money. Rich people can afford to lose at this game of luxury, but poor people like John risk losing things they need.
1666  Economy / Gambling discussion / Re: Who should quit, and why? on: December 13, 2023, 11:15:49 AM
Hey house someone need a few clips here, don't know if a post of this exact nature has been discussed though.

In a situation where the both spouse are gamblers. Husband gambles, wife gambles, how can both of them manage the situation in terms of finance and the family affairs especially when children are now involve so that the time both spends on gambling doesn't affect family moments and affairs in general.

Would it help if  one of the couple quit for the other and if that's the case who should quit for who.

A strange question for a crypto forum, I would consider this topic suitable for forums about relationships or the like.

Firstly, here you can replace gambling with anything: any hobby, even any job that requires attention more than 8 hours a day, business, building a career, etc. Both spouses can do this (even at this stage, serious time management and separation of priorities are already necessary) and when children appear, they again must find a balance between all activities since there are only 24 hours in a day and you cannot help but pay attention to children, which means a waste time for certain activities should be reduced.

Secondly, these are purely personal issues and there cannot be universal advice here. In some couples, the husband may give up his hobby/career for the sake of his wife, or vice versa, in some couples one of the spouses would rather get divorced than give up his job/hobby. All options are normal if two people agreed in this way (even if it’s a divorce haha). There are many relationships that suit those who are in them, but for example they would not suit you, but what difference does it make if you look at it from the outside? There's nothing to discuss here.
Indeed, balancing life's elements, be it gambling, career, or hobbies, is a personal journey, riddled with complexities. But to say that the conversation has nothing to do with a crypto forum isnt taking into account how complicated the link between money and relationships can be. gambling, especially when it comes to cryptocurrency, isnt just a pleasure; its an exciting activity that often blurs the line between smart risk-taking and careless abandon.

Here's an idea: a crypto enthusiast who is very interested in trade is having trouble with a relationship. Whats the matter? Not only is it about allocating time, but also about values and how much danger someone is willing to take. People lose more than just time when they get involved in high-stakes gambling. They lose confidence, stability, and often peace of mind as well. In relationships, people naturally want safety, which is very different from gambling, where things can change quickly. So, while you say "theres nothing to discuss," I disagree. The area where financial risks and peaceful relationships meet is a maze that needs to be explored, especially in a place where financial risks are commonplace.
1667  Bitcoin / Bitcoin Discussion / Re: WHY PEOPLE ARE NOT TAKING THEIR PRIVACY SERIOUSLY. on: December 13, 2023, 10:46:26 AM
Imagine people calling you a criminal for not keeping your money in the bank, instead you choose to keep it in Bitcoin, the next question they will throw at your face is what do you have to hide?

This is part of my own very story, it is easier for people to think that you have something you are hiding when you choose a different part, but I am very glad that Bitcoin transactions are very transparent. 

This is why I don't talk ill about those who use mixers, not all of them are criminals and they have their tangible reasons for choosing to hide their transactions, I choose to get away from my government, I don't want the bank to know my real worth, I don't want them to monitor my life and finance, this was why I choose Bitcoin, but in the eye of the government, why wouldn't they believe that I have something to hide?
I believe there are criminals everywhere, not just in the crypto space. Even banks in  all their  assumed exposure are still been hacked and use funds Catered away  sometimes without trace for a long period of time.

These are just deliberate attacks on bitcoin because it promises freedom from government interference. I love living a private life and if using mixers and other services gives me that satisfaction, then why wouldn't I use it?.

Criminals are everywhere and I believe if any parastatal wants to track fraudulent activities, they can track it, even down to mixers as the case may be and not generalizing about the whole thing being fraud. Bitcoin  supports privacy and people should embrace it. That's freedom which the government doesn't want you to have and are afraid to let you have it.
Indeed, criminals lurk in every corner. Cyber heists, which target banks and show how common theft is, happen all the time. This is not only about Bitcoin; it's also about power in general. Governments are afraid of Bitcoin's promise of freedom, so they often portray it as a place where bad things happen. Why? Because it threatens their power.

Its your right to use mixers for privacy. It gives you power over your own data, which is something that the traditional financial system often takes away. Bitcoin is more than just money; its a sign of defiance against overreach. The government has good reason to be afraid of Bitcoin. It gives people power and freedom that worries old power structures.

We do need to remember, though, that great power comes great duty. Bitcoin isnt a way to hide illegal actions; its a way to free up your money. Some people who abuse it shouldnt take away from its promise.
1668  Bitcoin / Bitcoin Discussion / Re: No risk no reward on: December 13, 2023, 10:18:10 AM
Before making an investment always put it at the back of your mind that the higher you stake the more higher your income will be, In this case is like we do forget one thing that it's not about winning all time but actually loss also. When you admit it that you earn and at the same time you might loss. That means you are also capable of making a run into the crypto currency world.
That's why it always good to read and understand something before you engage yourself into it, or neither trying to introduce someone into it for example if your investment is on (BTC) make sure you have learn more about it.
But it always about risk and i do believe everyone knows whenever there's no risk no reward.
Well, everything that brings profit always has a risk behind it. And if we want to make a profit, we also have to be prepared for the risk of loss. But we can also try and learn to minimize this risk by studying more about the investment instruments we are entering. So we have to know in advance what type we are going to enter. Especially in bitcoin. Because bitcoin has a clearly high level of risk but also has quite good future potential. And for those who believe in this potential and are ready to take the risks, those are the people who are currently holding bitcoin firmly. Those who don't understand and are not ready for the risks they are taking will tend to panic easily. So they sometimes act influenced by emotions. When there is fud they sell even though they are at a loss and when there is hype they enter even though it is too high. That's because they entered without insight and without thorough analysis before entering.
We, as potential investors, must recognize the inherent risks, but also the underlying value propositions. Although Bitcoin is a high-risk investment, it does offer big rewards to those who know how to use it wisely.

Consider the following situation: Individual joins the Bitcoin market with a thorough understanding of the market and a well-thought-out investment plan. They know that cryptocurrencies go through cycles and that temporary price changes are often caused by how people feel about the market. Stress-driven choices are less likely to happen when they focus on long-term trends and technological advances. When compared to this way of thinking, the uninformed masses who move quickly on changes in the market are often motivated by FUD or irrational excitement.

Knowledge and plan are very important when investing in Bitcoin. People who put in the time and effort to learn how the market works are the ones who can stand firm during unpredictable times and benefit from their forethought and toughness.
1669  Bitcoin / Bitcoin Discussion / Re: The risk and reward of having Bitcoin on: December 13, 2023, 09:49:10 AM
There's nothing worth having that won't require you pay a little price. In every business, there's the certainty that there'd be ups and downs and Bitcoin is no different. Only, you have to invest with what you can afford to lose. For some, the idea of Bitcoin being volatile can be appealing because it can quickly surge after it most have gone down but some too afraid to involve themselves and these group are mostly those have the mentality that it's a get rich quick scheme that has no downside.

 Then again before involving yourself in any kind of business,it's necessary to DYOR so it can help prepare you for what you are getting into. Just as the op has stated about the risks, there are many more and I'd like to include FUD as one of the risks because when you entertain such, it will make you miss out.
In order to see your investment's success, you need to pay the price first. That is dealing with the risks and continue to defeat them, if not at least learn to manage them. With bitcoin, a lot of risks and disadvantages are being said, but a lot of us here would still want to continue investing in bitcoin because of how promising it is and guaranteed profitable if you'd only know how to deal with it.

Most likely, those who have high risks are also known to give the sweetest fruits in the end, and bitcoin is a valid proof for that. That is the reason why even if other people see bitcoin as a get rich quick scheme, as a tool for criminals or a threat to the government, still bitcoin enthusiasts continue to trust bitcoin because of its high yielding rewards and profits.
The only main key on here that risks tolerance and acceptance, then you wont really be able to think about being a problem because once you do step your foot into this crypto space then it would really be just that
fine for you and not really that something stressful on your part. There are ones who are really that making those careless steps and on the time that they do see negative into their portfolio, then they would really be starting on freaking out. Risk and reward thing? it would be always that common to see or to look at into this kind of investment. You wont really be  that making yourself that too careless and not being mindful about the risks involved in crypto specially on investing with Bitcoin but since we are seeing that this project or coin that had been mostly been trusted and recommended by any crypto enthusiast then it wont really be that something that you could blame on on why they would really be mainly choosing this. As for those people who are reconsidering altcoins then it would really be their own choice since not all people would really be liking to see
on getting multiple folds on their investment and this is why they would really be considering out such option.
Crypto market winners have a special mix of risk tolerance and strategic planning. People who work in crypto know that instability is a normal part of the hobby. How to open it? Stabilizing awareness with action. Instead of jumping right in, they look around, learn, and then take a bold step.

Watching Bitcoin's past shows that it has grown and been strong even when things went wrong. Successful investors havent just been lucky; they've also been smart. As a result of its strong community and cutting-edge technology, they see Bitcoin's promise. They are not affected by short-term drops because they are focused on the big picture. Its not carelessness; its confident knowledge. "altcoins" are also a choice, but Bitcoin is still the most stable and well-known cryptocurrency.
1670  Bitcoin / Bitcoin Discussion / Re: Who is wiser? on: December 13, 2023, 09:42:18 AM
Mr. Bob is brave to put all of his money into Bitcoin, but his strategy lacks diversity, which is a basic rule of investing. He's putting all of his eggs in one basket, but its a good one. Miss Alice's 50/50 split between Bitcoin and altcoins shows that she is taking a more balanced view and protecting herself against market instability. But the "random" altcoins she chose make me wonder how much study she did. She might strike gold or miss entirely.

Then there's Mr. Theymos, whose $100 weekly DCA into Bitcoin is a great example of strategic waiting. This method evens out changes in the market, which leads to a more stable growth path. In the short term, he might not make as much money as Mr. Bob, but he's planning for the long run. We need to think about who is smarter. The one who tries to get quick wins, the one who tries a lot of different things without a clear plan, or the one who builds slowly but steadily? In this case, Mr. Themos's plan is very similar to smart investment ideas.
1671  Bitcoin / Bitcoin Discussion / Re: You must have a source on: December 13, 2023, 09:13:57 AM
In fact, it is very dangerous to mix personal banking and investing in cryptocurrencies. Its not just an idea that you need a steady income to keep your crypto holdings safe; its a harsh reality based on the lessons of unstable economies. You made a good point when you said that the unstable nature of cryptocurrencies like Bitcoin can force buyers into selling too soon, which can cause them to lose money.

Isnt it a problem to think that all buyers arent strong enough to handle market changes? Having a job is important, but smart money management and mental control are also very important. The real problem is finding a balance between the need to sell assets and the long-term investment goals.


This is shown by your experience going from being vulnerable to stable as a Guinness merchandiser. Its not enough to just have a job; you need to learn how to handle money and your emotions. This is the truth that no one in the world of crypto investing wants to say.
1672  Other / Off-topic / Re: Do you regret also for ever knowing about gambling? on: December 11, 2023, 01:56:29 PM
So I was wondering if some folks here too feel the same way or it was just a matter of grudge and hatred for the particular fellow to stir up such arguement.
I have experienced defeat in gambling games but this does not make me regret learning about gambling, because in my opinion gambling games are like that, there are times when you lose, there are times when you win and I know the risks I will take. face in gambling games. That's what makes me feel that until now I don't have any feelings of resentment or even hatred because of gambling, in fact for me gambling is entertainment when I'm lonely.

I'm sure those who regret it because they have experienced losses that ultimately had an impact on their lives. They should realize that this is not because of gambling but their own fault for not having a strategy for gambling and not having basic knowledge about gambling games.
Never forget that gambling should always be done so carefully because it may quickly turn from a fun pastime into a bad habit.

Heres a fictitious situation: Consider a person who initially views gambling as a harmless pastime. At first they are in charge, but with time the excitement of gambling takes precedence over their capacity for reasoned decision making. Though they are actually falling into addiction, they may think that they are just one tactic away from victory. Rather than demonstrating ignorance, this tale highlights how alluring gambling can be.

The narrow line separating occasional gambling and addiction must be observed. To promote responsible gambling, one must have a thorough grasp of both the game and oneself. Balance, self-awareness, and identifying the warning indications of problem gambling are key.
1673  Economy / Gambling discussion / Re: Math and Gambling on: December 11, 2023, 01:36:06 PM

That is what is expected of gamblers, but in gambling difficulties will definitely come and we must be able to accept and resolve these difficulties wisely and responsibly. Yes, that's right, gambling shouldn't be taken seriously because it will destroy us if we don't do it in a relaxed manner and enjoy every game we play, meaning that if people are too serious about gambling they will only seek profit, not entertainment and we will also get the negative side, namely we will experience a gambling addiction. and it is very dangerous for a person's life, it would be better for us to just play as we can without any coercion in any way so that we can avoid gambling addiction.
Even in entertainment you can get addicted still, you don't have to keep a mind set outside making money in order not to get addicted, by the time you enjoy the thrill that comes with gambling so we'll that you don't care how much you invest in such entertainment then obviously you will get addicted and Still fall victim of addiction.

It's best to be disciplined regardless of your intention behind your gambling habit, that way you stand a better chance to stay away from been addicted and aswell been at so much Loss due to the money you have so far invested either with the intention to make more money nor to get entertained. If you don't take it seriously you definitely will never get maximum entertainment just make sure to regulate everything and keep it within the confined of control and that way you enjoy it while still maintaining your frame as a gambler.
Anyone can be enthralled by the excitement of possible victory and the appeal of surpassing the odds. But here's where the issue resides: the notion that self-control is the only thing that can prevent addiction.

Is this a problem, and why? Because addiction is the result of a complex interaction of psychological elements rather than just an issue of willpower. It is hypothesised that the allure of gambling can seduce even the most self-controllable person. Your argument really shines here because of how much control and regulation are stressed. However, education is a further layer that we must add. It is crucial to educate oneself about the dangers of gambling and the symptoms of addiction.

We need to take a two-pronged approach to gambling: responsible enjoyment and educated awareness. Only then will we be able to fully enjoy the amusement it offers without succumbing to addiction.
1674  Economy / Gambling discussion / Re: Is gambling all about luck? on: December 11, 2023, 01:12:28 PM
In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.

Gambling can’t be considered as a stable source for making money. Gambling is often listed as game of luck and not game of skill. Here luck plays an important role for the outcomes and not the skills. Hence if your luck is not good then you can’t make the profits. Yes there is some skill required to make a sportsbet, but still luck also plays a vital role in order to make green bet. So yes if you are gambling, then always be prepared for losses also.

It is true that there are so many factors in gambling that depend only on luck that the player sometimes remains only the one who bets money, but does not affect the outcome of the winnings in any way with his skills or knowledge. Consider, for example, slots. It doesn't matter at all what you can do, or the amount of your knowledge - you just need to press the button in time. I also noticed that the interface of the slots is as simple as possible and sometimes even stupid, so that anyone can understand that this activity is simple and there is no need to strain.
Isnt that almost tragic? The way slots are designed, as you observed, to be mind-numbingly simple. This simplicity is purposefully intended to trap players in a cycle of hopelessness and loss rather than just being a mistake in the design. I have a theory for you: slots would be more appealing to a smaller group of people if they were difficult and required expertise. Their simplicity makes them more appealing, attracting more players who erroneously think they have a chance to win.

This seeming simplicity has two drawbacks. On the one hand, it offers a quick getaway and a simple break from reality. Conversely, it encourages a risky disassociation from the fact that the house usually comes out on top in gaming. Regardless of their level of expertise or experience, the player is relegated to a passive participant in their own destiny. This is the sinister core of gambling: an ostensibly straightforward exterior concealing a convoluted network of exploitation and loss. Your observations pierce this façade and reveal the somber truth below.
1675  Economy / Gambling discussion / Re: With gambling, it's probably easier to quit cold turkey on: December 11, 2023, 12:48:46 PM
It ignores addiction recovery individuality. Think about Emma, a problem gambler. She goes cold turkey, but each relapse makes her feel worse. What if Emma takes a systematic, gradual approach? Reducing frequency and stakes while seeking therapy and support? Yes, abrupt cessation works, but isnt everyone's journey different? Assuming one size fits all is the problem. Gradual reduction under professional supervision may help individuals recover more sustainably by helping them understand and regulate their impulses. Cold turkey may seem like the only option, but human behavior is complex. A personalized strategy that combines professional support, personal insight, and compassion for the obstacles faced by the individual is optimal.
1676  Economy / Gambling discussion / Re: gambling for newbies on: December 11, 2023, 12:06:39 PM
Sometimes some people just spin the same game in every session they do, it doesn't matter and it's pretty good if the game gives you a win quite often, but if you play but it's very difficult to get a win or even never give a win by the game you play then obviously they can follow the advice you conveyed this friend, several games or even thousands of other games can be for them to try, It is possible that their luck is in some other game that they have never touched before, and if you do not understand how to play then obviously you provide very good by trying first on a demo account, it is better than you immediately try it with real money but absolutely do not know how to play and maybe it will only cause many mistakes to occur which will also clearly waste more of their money.

For the initial stage, honestly, I would advise them to try the demo mode as you said, because even though they  don't mind losing, what they are betting is money, so the initial statement above as you said would be more effective to try and learn.
You can practice in a secure, shark-free pool (demo mode), so why throw caution to the wind and go all in with real money? God bless us, as humans, we tend to overestimate our own skills. Although we believe we'll be the next big winner, most games are actually made to be difficult. Isn't it what makes the hunt so exciting? It is what entices us to return for more

Remember, nevertheless, that gambling is a game of chance rather than ability. Changing games to try and find luck is similar to sampling several varieties of ice cream; you might discover your favorite or you might just freeze up. In the demo mode, you can practice without having to risk any of your hard-earned money. It's sensible, useful, and, let's face it, a lot less painful than discovering pricey mistakes

Yes just to practice and understand how the demo account game works is a pretty good and effective choice, well that's right sometimes we like to overestimate our own abilities in any case when in fact we have a limit but they don't seem to pay much attention and care about that even though on the other hand understanding related games and how to play is quite useful too at least to reduce things that are not wanted especially defeat because of ignorance of how to play. Of course, most of the games are made difficult, which is what makes the bookie richer, because otherwise they might go bankrupt. Beginners don't realize the difficulty of winning, one win makes them curious and want to make 10 tries, on average more losses.

That is why gamblers, especially beginners and even professionals, must still apply caution and a high level of vigilance, none other than because gambling is entirely just a game of chance if you want to earn, and also another thing is that gambling is established for fun and that is why people who are looking for income get the opposite result, meaning that instead of winning but losing a lot. The purpose of a demo account is probably one of learning, casinos still care about you so they created this alternative.
Casinos arent helpful teachers; they're just smart companies. They know the strange things about people, like how we tend to chase loses and our false sense of control. That test account? This is a brilliant way to trick customers. It gives you a taste of the game, just enough to get you excited, but not enough to show you how bitter it is to lose.

We arent just tools, though, which makes things more interesting. We are taking part in this dance of chance. Even though the house might be stronger, our defenses are being smart and careful. So, the test account is like a double-edged sword: it can be used to learn or as a trap for people who arent careful. Being aware is key. We need to go into gaming with wide open eyes and be aware of the thin line between having fun and being careless. Its more than just cards or dice; its a game of thoughts.
1677  Economy / Gambling discussion / Re: Do Owners of betting companies bet? on: December 11, 2023, 11:36:44 AM
Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
It is wrong for the owner of the casino platform that he cannot gamble. Casino platform owners play gambling and they can use their own platform for gambling. In this case, there is no binding rule that they cannot participate in gambling by owning the casino platform. Humans are made of flesh and blood and have everything. If so then a common man and a casino company owner can certainly gamble. This is a very simple matter, just a little thought with your own conscience will give you the answer.
Why wrong? Isn't it a good thing actually? Because, it prevents them to become addicted and lose everything they have, ( if not some, or most of their profits ). But, I think all casino owners do have an experience in playing gambling. It is an advantage and this is what they like or, this is where their passion is, resulting for them to came up with such business.

If in case their urge kicks in, it's best if they can only play within their own platform. This is the same as playing for fun because it was still their own money after all, is the one that they will be getting, in case they are winning. And if they lose, there is no harm, because the money will still go on their own wallet.
Your case brings up an interesting point, but it wobbles dangerously close to ethical business practices and responsible gambling. I think you're suggesting that casino owners play in their businesses as a safe way to relax and avoid becoming addicted. It seems like this could go badly, though. Imagine this: a casino owner who loves gambling decides to only play at their own business. At first, it seems harmless - they are probably just using their own money. Eventually, though, this behavior turns into a fake problem. Wins and losses are treated as internal transactions that have no effect on the real world. Doesnt this disconnect from reality make it easier to develop bad gaming habits?


This idea of "harmless" internal play also ignores what gambling is all about: the thrill of risk and return with real stakes. Shouldn't they be against the spirit of gaming by using their business as a personal playground? A thin line exists between personal indulgence and work ethics in this story. Its a reminder that carefully balancing personal wants with the duties of running a gambling establishment is important, even when following a hobby.
1678  Economy / Gambling discussion / Re: Why the rich win gambling more than the poor. on: December 11, 2023, 11:08:32 AM
I have observed that the rich, I mean those who are financially comfortable, win more in gambling than the poor. By poor, I mean those who do not have enough to meet all their needs. I don't know the reason for this. Could it be that the rich understand financial management more? Or could it be that the rich are less desperate to win which make them make better gambling decision? I really want to know the reason for this pattern I have observed.
Yep, just think that the freedom to spend is already a victory, a rich person can bet without caring much about money, and they get pleasure from it. But for those who lack money to play, it can be considered that that money is exchanged for their own lives, so they are aware of failure and ready to accept all results.

Most of us make mistakes in asset management while playing, and this mistake often appears in people who cannot balance their playing money, which is the reason why we see many poor people gambling when they are poorer.

But in my opinion, whether you are poor or rich, gambling is not the cause, it belongs to the player. So being clear about your goals when dealing with this field will minimize risks.
That's right. Rich people can use their money to gamble for a lot of money or to shop and buy what they want. That will be the difference between poor people wanting to gamble and poor people not being able to gamble much because they don't have a lot of money to use for gambling. Moreover, poor people still have to meet their daily needs, so they have to choose to use their money to gamble or to meet their daily needs. But that doesn't stop poor people from gambling because they hope to get huge winnings from gambling that can change their lives for the better. But instead of getting a big win, they will actually experience a big defeat. That's why those who don't have a lot of money must be able to manage their money well for gambling and to meet their daily needs.
For rich people, gambling is a treat; for poor people, its a dangerous way to win. We clearly see a gap. Rich people bet for thrills, and poor people do it for change. But thats where the trap is. People who are poor often get deeper into financial depression as they wait for a windfall. Why? As usual, the house wins. Arent you struck by how cruel the comedy is?

Lets talk about safe gambling, which seems like a strange idea to people who are really struggling. Like clockwork, the story goes: Someone who is poor goes to gambling to make their life better. Unfortunately, the odds are not in their favor. Instead of things getting better, they are in even more trouble. This loop is not only a problem with money; its also a mental trap.

How can this be fixed? Giving advice and help. People in communities need to know about the risks of gambling and have ways to get help for those who are having a hard time. Not only is it about handling money, but also about knowing the risks and making smart decisions. We should work to stop the cycle of hopelessness and sorrow that gambling keeps going for poor people.
1679  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: December 11, 2023, 10:42:16 AM
~snip~
That is a risk employees are taking when gambling at the work. About the black market of illegal alcohol I can even understand why people were involved on that, as it was their job, and probably a high paying one, since it was dealing with illegal stuff. However, it doesn't make sense to take risks of gambling at the work, because gambling isn't their job or a source of guaranteed income. It's quite the opposite, they are prejudicing their job and their source of income by doing that, so it's not a logical decision, but an impulsive one. Imagine risking all your reputation and professional career due to not stipulating a determined time of the day for gambling. That is really concerning and must involve an intrapsychic disorder the employee is facing.

Yeah, when people end up being addicted to something, they might start doing things you wouldn't expect.

For example, an alcoholic might start drinking at their job.

A gambling addict might start gambling at their job.

They are different things, but the behavior is basically the same. They are doing things at times that they shouldn't be doing them.

And most likely, both of those scenarios will end up badly.
You're right; addiction to both drugs and gambling shows up in surprisingly similar ways. We see people, maybe coworkers or friends, getting stuck in bad habits that get into their work places and cause problems. Imagine a loyal worker who used to be on time and productive but is now sneakily drinking vodka from a fake bottle at their desk. In this case, addiction makes it hard to tell the difference between personal struggle and work behavior.

Doesnt it seem odd that different people see these habits in different ways? Alcoholism might make people feel sorry for the user, but gambling addiction might make people look down on them. Still, both come from the same internal flaws. Control and awareness are important for good gambling. But when it turns into an addiction, its like giving up control of your life.

We then ask, "What makes them go this way?" Feeling stressed? Get away? The fun? To help and intervene effectively, it is important to understand these underlying reasons. We should do more than just watch; we should offer our support, right?
1680  Economy / Gambling discussion / Re: Do you believe you can win on sports betting by analyzing a betting lines only? on: December 11, 2023, 09:00:14 AM
That is true, I believe bookmakers are watchful about the likely outcomes of matches and what analysis cum options gamblers could go for.

Have we wondered why in some football games, some betting options are not available to be staked in that match? I'm beginning to reason that out too myself, probably they understand it could be a likely easy outcome and so they rather make it unavailable. Probably so, and gamblers have no option than go for other options without choice. This could be likely so, that bookmakers are really at work to read the minds of gamblers on likely outcomes of predictions.
Of course, bookies definitely have good analytical skills to provide choice options for us gamblers. In sports betting, there are many types of options that we will bet on, starting from single bets, double chance, multi bets, special bets, score predictions and so on. each has a different chance of winning so that it makes the gamblers confused about placing their bets so that the chances of the gamblers winning are smaller and the profit is based on what they choose, it is difficult to beat the bookie because they have more accurate analytical skills. I even thought that betting Sports have been arranged in such a way as to frustrate gamblers who bet on teams that they choose a lot because sometimes when I make a multi bet which I think is correct there is always a team that makes a blunder and thwarts my bet Sad
Yes, gamblers face stacked odds. We wager on sports with hope and strategy, but the bookies' powerful analytics give them the edge. They offer single, multi, and special bets. The dangers and rewards of each approach vary. We walk cautiously but often reach a crossroads.

Brief story: I knew a gambler who thought he had solved the code, like many of us. He carefully chose his multi-bet. One team mistake doomed his castle of cards. Bookies use their analytical skills to manipulate the odds.

This illustrates a key healthy gambling lesson: accepting the risks. Play responsibly, not only to defeat the bookie. The house usually wins this high-stakes game.
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