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Author Topic: This person made $500,000 with gambling and lost it all within 60 seconds!  (Read 14098 times)
bigmaster23
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March 25, 2019, 05:58:17 PM
 #141

Moral of the story - you can never be rich with gambling, and even if you end up being "rich" - you would lose the whole lot in no time ... only the house wins because the house has an edge.

I don't think so. There are a lot of people who win in lottery with millions in our country. Most of them, they remain rich because they were able to establish their own business and stop betting in lottery because they know it's only once in a lifetime luck.

Once someone can make a good profit and stop the gambling session and cash out his winnings, I think he can enjoy his life and do other positive things with the money. But if someone continues to gamble without a target, he will end up bankrupt.
And what will happen if cant reach on the target and just become loser and loser only? In this case s/he will not be end up with bankrupt?

milewilda
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March 25, 2019, 06:23:59 PM
 #142

Moral of the story - you can never be rich with gambling, and even if you end up being "rich" - you would lose the whole lot in no time ... only the house wins because the house has an edge.

I don't think so. There are a lot of people who win in lottery with millions in our country. Most of them, they remain rich because they were able to establish their own business and stop betting in lottery because they know it's only once in a lifetime luck.

Once someone can make a good profit and stop the gambling session and cash out his winnings, I think he can enjoy his life and do other positive things with the money. But if someone continues to gamble without a target, he will end up bankrupt.
And what will happen if cant reach on the target and just become loser and loser only? In this case s/he will not be end up with bankrupt?
He mean about a specific winning but most gamblers dont have such thing on mind where they do aim for finite amount as long it can possibly satisfies them but well this
thing is hard yet people are naturally greedy where they do ask for more even if they do already won big amounts. Thirst on getting more winnings is inevitable and this is the main
reason or mistake where gamblers do experience.

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