I probably wouldn't like it if people start referring to me as an gambling addict, because I am not an addict. It's true that I gamble a lot for many years now and objectively people who don't know me could think that I am addicted for playing so long. But I feel like I am still on control of my gambling habit and can stop whenever I want. Just now I was 10 days on vacation and didn't even think about gambling. It's no issue for me to take short breaks from the casinos without feeling the need to come back quickly. The main issue I would have with being called gambling addicted is that people have a negative association with addicts and I might get problems for it at work.

First of all it depends on how you define poor, there is being poor in monetary terms and then there is being poor in emotional terms. If someone has no family, no friends, no social life then I would also say he has a poor life, even if he is a millionaire. Money doesn't mean everything in life, health and love is more important. Having all the money in the world and being ill where you can't leave the bad, does it really make you rich? Because you can't do anything to enjoy your money. Of course we need money to survive, but that's only the bare minimum. It's not a black and white line where you are either poor or not. I think to not count as poor we need at least enough money to have all the things we need and also some money left to treat us from time to time. This doesn't mean going out for dinner 3 times a week, but rather a vacation from time to time. It's good to calculate a minimum salary we need to survive each month and then everything we can get on top will be a good bonus.

Personally I have never experienced a gambling addiction so it's a bit hard to answer for me, but I have personal experiences with other types of addictions. In the end I think the behavior we have with our addictions are very similar and don't depend on the substances. My uncle struggles with alcohol addiction for a long time and I talked with him about it many times. He is aware how much it affects our family as everybody tries to help him. The problem is that all morning and afternoon he is fine and control himself, but in the evening there is a switch in him that starts to change his behavior completely. I have a similar experience with cigarettes, tried to stop more than 20 times but always come back to it. Especially after drinking alcohol I can't control myself and it happens automatically, even though I know how bad it is.

I don't really agree with the poker aspect of the research. You can't say that men only look at poker as a game of skill and not based on odds. All the professional Poker players need to calculate the odds constantly, it doesn't matter if it's a woman or men. The majority of poker players are men, the same goes for the top players. When we look at the final tables of the big tournaments we are seeing 90% male professional poker players. It's not that woman can't play poker, it's just that they don't want to invest the thousands of hours you need to become a pro. The Poker grind involves a lot of dedication to spent it alone in front of the PC. I would argue that woman are more social than men and prefer to play games where they interact with others in reality.

I fully agree, any trader that has been around for a few years needs his own trading strategy. As beginner its fine to copy successful strategies and try to make some profits in their shadows. But the problem is that no strategy is going to work forever. Markets are changing constantly and with it are the profitability of trading strategies. Also the more people copying a strategy, the smaller it's profit is going to be. That's why it's important to reevaluate our strategies regularly and adjust them when necessary. Only if we do our own research and make up our mind about future profits are we able to keep producing new strategies. This doesn't mean we need to reinvent the wheel, already doing minor adjustments to existing trading strategies can lead to profit again. Keeping an eye on the risk we take with our strategies is also important and protects us from larger losses.

It's true that all casino games are negative EV for the player and it will be very unlikely for us to win constantly at the games. The longer we play the more likely is it for the casino to win. Which is not guaranteed though, the negative EV means that on average the number of losers at the casino will be higher than the number of winners. That's how the casino makes it money, but it's not a guarantee that there will be only losers. Some gamblers will be lucky and make money. As for your calculation the deposit bonus is only, and with a x40 wager requirement it would mean we need to wager 4k USD. The 96% RTP is not specific, with roulette or a good blackjack strategy we can get higher winning chances. So even with the lower 96% we would have 3840 USD after watering 4k, which would leaves us with 40 from our 100. And let's say we play more optimal with 98% RTP, we would make 20 USD profit. Also most deposit bonuses are 200%. So far k had good experiences with deposit bonuses, just don't focus on instantly chasing out again, eventually you will hit the barrier to withdraw.

There are only 3 options we can choose from: buy more coins, sell our existing coins or just hold. Assuming that you only used money for investing that you don't need in the short term, there shouldn't be any real pressure to sell your coins. I made the mistake in the past to close out all my crypto holdings, only to miss out on the next rally. It was my biggest investing mistake that I am never going to do again. I rather sit out the next bear market than risking to miss out the bull market. My recommendation would be to hold your current positions and wait for prices to drop lower before buying more. Like that you will take advantage of cheaper prices and profit from sudden price jumps. There will always be negative information coming out in the crypto community, we shouldn't panic and remain calm.

Sportsbetting is a very seasonal business, during times of big tournaments we are also seeing a lot of people betting on it. Now with the covid pandemic being over and no more restrictions on international travel I think that all the big tournaments are coming. Which definitely means that we are seeing a rise of sports betting. Against this trend is the rising inflation, which makes living cost so much more expensive and leaves us less money to spend on gambling. Also casinos and sports books don't need to report their revenues publicly as most of them are private companies. This makes it harder to compare the numbers of traditional casinos against sportsbetting. Among my friends I have more people betting on sports then going to casinos, so the statement could definitely be true.

It's true that the cost of living is rising all around the world. Food prices have been on the rise for several years now, same goes for beverages, energy prices and rental prices. The companies state standard arguments like covid and the Russia Ukraine war as a reason for the price increases. I wish the consumers would be more critical about the price increases and try to challenge the companies more. It can't be that every sector needs to increase prices 30-50% over 2 years. To me it rather feels as an easy way for company to boost their profits as they think they have the power of the consumer. But the truth is that we the consumers have the, if we would work together and boycott companies that raise prices to high. For most products there are alternatives that we could switch to if we look for some. Unfortunately most people are still willing to pay the premium to buy brand products. We have a weekly market in my city that sell produce from local farmers at cheaper prices than the supermarkets. In case more people would buy locally and buy less from the big chains we could force them to rethink their price strategies. Only a few weeks of staying away from certain products would pile up so much inventory that the company would need to lower prices or the warehouses would overcrowd.

I think all games where you bet money or have the chance to win money qualify as gambling. This includes poker, even though you only play against other players and there is no casino that plays against you. As long as there is randomness in the games involved it's gambling in my eyes. In poker even the best player in the world is not guaranteed to make a profit every night. That's why the professional players like to play many tables at the same time to increase their number of hands played per hour. When you are dealt AA you can still lose against many other hands, or have everybody fold to your raise. The uncertainty about the future is what classifies it as gambling for me.

I agree with you, money is the one thing that everybody needs in his life. Even the most remotely living people will need money from time to time to buy things they can't produce or build by themselves. Which also makes money as the best form of wealth to give to our children and grandchildren. Having a nice car, art, antiques or an apartment is good to invest our money, but it's unlikely that our relatives will give it the same sentimental value that we give it. Money also means freedom, we can relocate to another city or a different country and don't need to worry about our basic needs. So even if we have enough money for our own life, we can always help the rest of our own family. That's why having money as a goal to work for is not wrong and can make life's better, even if they are not our own.  

I noticed the same that more topics about gambling addictions are created and also that more people are writing in the topics. The most messages I read in the threads are not about people actually being affected by gambling, but rather people giving advice on how to avoid the addictions. I don't really see a problem of these topics here, because it might help some people to fight their addiction or avoid it too get it to such a severe point. Also these are not really negative posts that people should avoid gambling all together. The most common advice here is to gamble responsible and only use money that we can afford to lose. These are good tips and reading them multiple times is not a bad thing for beginners, even though most people gamble here have been members for a long time.

These are very important characteristics of a good bitcoin investor. Having such attributes probably helps any investor, not only the ones in crypto currencies. Without an affinity for numbers and interest in financial knowledge it might be hard for an individual to succeed in investing over a longer period of time. Being lucky a few times and making highly profitable trades is not guaranteeing success longterm. Luck only plays a big role at the start of a career, eventually it will be overtaken by skill. That is also one more point I would add to your list, they're successful. The best way to show skill is by showing the track record for an investor. Being successful over a long period is going to be one of the best selling point and should attract a lot of interest in the investor.

Unfortunately I stopped doing any sport in the morning since I am living alone. When I was still living with my parents I always had to walk the dog in morning and stopped by at the adult playground where you have some free machines to do outdoor workouts. It's true that workout helps a lot to reduce stress and prepare ourselves for the day. My morning routine now involves drinking a strong coffee and reading the news. Reading 10 minutes of local news helps me to focus on more interesting topics afterwards. Also sometimes I hear an audiobook when waking up. Books about self improvement and positivity help me a lot to be more optimistic and keep my inner thoughts in line. Working on keeping my emotions under control is the one subject that always needs attention and shouldn't be forgotten about. Instead of doing morning workouts I try to at least to go for 20 minutes walks during my lunch break.

That is another good point I haven't focused on yet, taking a break from gambling for a few weeks is no problem for me. If I don't visit a casino for some time it's not like I start sweating and dreaming of gambling. Probably my brain already knows that it's only a limited period where I stop gambling and that I eventually come back. I am not sure if I could really stop gambling forever. It's just too much fun and I would rather never smoke in my life again than to never gamble again. In my opinion it wouldn't even be necessary to stop forever after becoming rich through gambling. Already changing our habits can help to protect us from losing our life changing winnings again. When it comes to gambling it's not so important for me to place large bets. I would rather place 100 times 1 USD bets than only place 2 times a 50 USD bets. That's why I would probably keep gambling after becoming rich, just reduce my overall bankroll to limit my potential losses and winnings. I am not looking for a large win anymore and therefore don't need to risk a lot of money.

I think this is the most common opinion gamblers have about casinos and the gambling industry as a whole. The fraction of professional gamblers is very small compared to the total number of gamblers. So far I never met any professional gambler and among my friends we are all part of category two. Casinos games are all designed in a way so that there is no 100% save way to make money. Having randomness and a house edge ensures that casino is going to win in the long run. And even if there are a few lucky gamblers that win, the majority of gamblers will only make small winnings or losses.

In case you are saving all your life to become wealthy at one point, I don't think you are going to stop and completely change your spending habits. Humans are used to patterns and adapt to their conditions, it takes a long time to change that behavior. I think that even if I become a millionaire overnight I would still evaluate purchases between necessary and unnecessary. There is nothing wrong with treating ourselves with some luxurious items, as long as it doesn't happen every day. Saving all the time is difficult and exhausting, it would be nice to be financially independent and not have to worry about money. But we shouldn't only think about ourselves, if we save enough money we can leave it behind for our children and grandchildren so that they have an easier life. I feel like if we inherit money from our parents than we shouldn't be spending it, but rather leave it for the next generations. We can use the interest for ourselves but leave the principal untouched.

I agree, the last part of the list are mostly points that help us to focus on the risk part of gambling and how to stay on top of it. Having a good strategy is one thing, but good risk management is as equal important. All the winnings in the world don't matter if we can't keep them. A fixed budget and stop loss are two important features that we should use every time we gamble to remain full control over our bankroll. These are definitely all good points to give us an advantage in gambling. As for point 8.) I am not so sure if listening to the pros is such a good idea. In the past I used to listen to them very often before big games only to end up being disappointed. Because they not always give their honest opinion and can rather be forced to promote a specific team. Especially for the top European football clubs there seem to be a large number of professionals that want to promote them, even if their chances of winning the next game is not that good. I would rather try to make my analysis now instead of blindly trusting one of the pros.

Everybody should think about taking out loans like that, borrowing money doesn't make us richer, it only makes our liabilities grow. There are some situations where taking out loans are necessary, for example if we need short term money for medical reasons or for urgent repairs at our house or apartment. These are all necessary things and if we don't have any other form of funding then taking out a loan is the last resort. We need to be focused on how long repayment is going to be and how much money we have to pay each month. With that in mind it should be a negative experience and we shouldn't become addicted to it. Addictions usually come through positive emotional responses we get from experiences, which is not going to be the case with a loan that we have to repay for the next 5-10 years.

It's hard to give a general answer to that question, because the type of jobs we can do online is very different to offline work. Some jobs that involve manual labor can only be done offline and there will always be demand for them. Over the last 10 years more people got college degrees which let to a worker shortage for the manual labor jobs. In my city you can earn a lot of money if you can work on construction. That's why I wouldn't argue that we should always prefer to work online. For me the best is to have multiple sources of income. Having a full time job is great to pay bills and save some money. Then doing trading on the side is good to get a higher return for my savings and to not lose all value due to inflation. I also feel that day trading is not for everybody, we need good nerves and a strong stomach to handle the risk everyday. For me personal it's better to trade only on the side as a hobby, I don't think I can make enough profits every month for a reliable income.