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Author Topic: Most gamblers do not believe they can consistently make money, that's why...  (Read 1421 times)
dansus021
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December 25, 2023, 03:30:22 AM
 #241

Most gamblers do not believe they can consistently make money.

I believe we can make money as an investor so there is a couple of gambling site like bitvest or moneypot that give an option to their user to invest on their site. So I can consider this as a profit and make money consistently.


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Gozie51
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December 25, 2023, 03:57:20 AM
 #242

Individual gamblers has their personal view about gambling but I must say that gambling  is not an assured not money making venture, no matter your mindset, if you win as a gambler just believe that it was meant to happen, no matter how optimistic you are in gambling, you will lose and win that's just it, not being skeptical people make many through gambling but before they start making this money, they might have lost many times trying to win, the only strategy I have applied in gambling that has helped me to win severely times, this was in soccer bet, this strategy is to single my bets and staking it with a high amount of money, after this bets I will win two or more slips out of the stakes.

You are not the only one that has discovered taking a single bet on soccer can be better than making accumulated bets on a single ticket can increase your winning chances because it is what more bettors do now and they increase their staking power to make the potential to increase but on the other hand also, it is quite risky to increase stake like that if you don't have the capacity for it. I have seen bettors also losing hugely because they over increased their staking power and they express regret when they lose. So betting is basically a win lose situation.

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December 25, 2023, 04:40:22 AM
 #243

If you don't have enough money to gamble and sustain your needs then it is something that you couldn't pull off.
The way I see it making a living from gambling or trading needs a huge amount of capital because we all know that we wouldn't always get a profit from it, we couldn't guarantee a consistent income from it.
There would always be a time that we would lose or couldn't make anything from it.
We are discouraging others to gamble or trade because not everyone is cut off to be in that profession or consider it as their main job.


Gambling can be enjoyable, but it's important to be aware of the risks involved. Just like drinking alcohol, it's easy to become addicted and end up losing a lot of money. To avoid any negative outcomes, it's important to set limits on how much money you're willing to win or lose while gambling. Remember, gambling should not be seen as a source of income because luck is not always on our side. Some people tend to bet higher amounts than they can afford, thinking they can consistently make money from gambling, but this is not a sustainable way to gamble. By setting limits, you can stay in control and prevent any problems from arising.
Gambling is risky and a gambler must take risks otherwise he cannot gamble. The gambler can find pleasure in taking this risk, but he must bet as much as he can afford to lose. A gambler will enjoy gambling as long as he gambles within his capability. This is where you start getting hurt whenever it turns into an addiction. A common mistake in gambling is that gamblers start thinking of it as a source of income and then become addicted and start betting beyond their ability. Since it is uncertain, even if they win on one or two bets, they lose all their money on the next bet. So the gambler must conduct gambling within a limit without getting too greedy.

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December 25, 2023, 07:44:37 AM
 #244

If you don't have enough money to gamble and sustain your needs then it is something that you couldn't pull off.
The way I see it making a living from gambling or trading needs a huge amount of capital because we all know that we wouldn't always get a profit from it, we couldn't guarantee a consistent income from it.
There would always be a time that we would lose or couldn't make anything from it.
We are discouraging others to gamble or trade because not everyone is cut off to be in that profession or consider it as their main job.


Gambling can be enjoyable, but it's important to be aware of the risks involved. Just like drinking alcohol, it's easy to become addicted and end up losing a lot of money. To avoid any negative outcomes, it's important to set limits on how much money you're willing to win or lose while gambling. Remember, gambling should not be seen as a source of income because luck is not always on our side. Some people tend to bet higher amounts than they can afford, thinking they can consistently make money from gambling, but this is not a sustainable way to gamble. By setting limits, you can stay in control and prevent any problems from arising.
Gambling is risky and a gambler must take risks otherwise he cannot gamble. The gambler can find pleasure in taking this risk, but he must bet as much as he can afford to lose. A gambler will enjoy gambling as long as he gambles within his capability. This is where you start getting hurt whenever it turns into an addiction. A common mistake in gambling is that gamblers start thinking of it as a source of income and then become addicted and start betting beyond their ability. Since it is uncertain, even if they win on one or two bets, they lose all their money on the next bet. So the gambler must conduct gambling within a limit without getting too greedy.

In most cases, after a good winning streak, a gambler think that way. treating gambling as a good source of income and aggressively throws money in hope that they can continue repeating the outcome but eventually it won't turn into their favor as gambling was design to make money and not as a charity to give gambler a bread and butter place in making profits.

It's always a must that before you take your chance you should have that mentality, knowing the grounds of addiction and how possible it is to happen to you, if you just use money that you can afford to lose, then it's just a normal way of gambling where you can simply move forward after your session ends.

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December 25, 2023, 08:28:10 AM
 #245

If you don't have enough money to gamble and sustain your needs then it is something that you couldn't pull off.
The way I see it making a living from gambling or trading needs a huge amount of capital because we all know that we wouldn't always get a profit from it, we couldn't guarantee a consistent income from it.
There would always be a time that we would lose or couldn't make anything from it.
We are discouraging others to gamble or trade because not everyone is cut off to be in that profession or consider it as their main job.


Gambling can be enjoyable, but it's important to be aware of the risks involved. Just like drinking alcohol, it's easy to become addicted and end up losing a lot of money. To avoid any negative outcomes, it's important to set limits on how much money you're willing to win or lose while gambling. Remember, gambling should not be seen as a source of income because luck is not always on our side. Some people tend to bet higher amounts than they can afford, thinking they can consistently make money from gambling, but this is not a sustainable way to gamble. By setting limits, you can stay in control and prevent any problems from arising.
Gambling is risky and a gambler must take risks otherwise he cannot gamble. The gambler can find pleasure in taking this risk, but he must bet as much as he can afford to lose. A gambler will enjoy gambling as long as he gambles within his capability. This is where you start getting hurt whenever it turns into an addiction. A common mistake in gambling is that gamblers start thinking of it as a source of income and then become addicted and start betting beyond their ability. Since it is uncertain, even if they win on one or two bets, they lose all their money on the next bet. So the gambler must conduct gambling within a limit without getting too greedy.

In most cases, after a good winning streak, a gambler think that way. treating gambling as a good source of income and aggressively throws money in hope that they can continue repeating the outcome but eventually it won't turn into their favor as gambling was design to make money and not as a charity to give gambler a bread and butter place in making profits.

It's always a must that before you take your chance you should have that mentality, knowing the grounds of addiction and how possible it is to happen to you, if you just use money that you can afford to lose, then it's just a normal way of gambling where you can simply move forward after your session ends.
That's why it is advisable to gamble without high expectation of winning. So that even the outcome is not good, you can just easily move on and not dwelling on what happened. If you can do this as a gambler then you can't become addicted since your main desire is not to make money when playing. Because a mindset of making money through gambling is not wise since you're too attached to have a positive outcome. But if you able to profit without expectation, it's more satisfying. Being a gambler who wager in games doesn't give consistent earnings unless you have other ways like as an investor or an owner of a casino.

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December 25, 2023, 08:39:11 AM
 #246

If you don't have enough money to gamble and sustain your needs then it is something that you couldn't pull off.
The way I see it making a living from gambling or trading needs a huge amount of capital because we all know that we wouldn't always get a profit from it, we couldn't guarantee a consistent income from it.
There would always be a time that we would lose or couldn't make anything from it.
We are discouraging others to gamble or trade because not everyone is cut off to be in that profession or consider it as their main job.


Gambling can be enjoyable, but it's important to be aware of the risks involved. Just like drinking alcohol, it's easy to become addicted and end up losing a lot of money. To avoid any negative outcomes, it's important to set limits on how much money you're willing to win or lose while gambling. Remember, gambling should not be seen as a source of income because luck is not always on our side. Some people tend to bet higher amounts than they can afford, thinking they can consistently make money from gambling, but this is not a sustainable way to gamble. By setting limits, you can stay in control and prevent any problems from arising.

It's a fact that gamblers cannot win consistently, no need to believe, as Op said. The results we see people post is as a result of long-time involvement in gambling. Then they get a reward, which covers their losses and encourages them to gamble more. These days we need to note the importance of gambling in different ways. Gambling is not a means of earning morning all the time. We need to follow some routine as gamblers to enjoy gambling. Good you compared gambling to alcohol addiction. This plays in similar ways, without gambling being a substance that we inhale or take into our body system, it has some effects on the brain still. A gambler who follows the advice of OP, who only said this due to the way he's seeing people win in gambling but doesn't refer to his personal experience, would be undergoing some problem gambling.

Those who have such belief and trust in gambling need to change their perspectives and gamble for other good things gambling can offer which can yield us money in the outside world. Money management, critical thinking, and self-control, all consist of those skills we can learn in gambling and implement it in another part of life and earn money. CEOs and top managers in the USA, mostly gamble to obtain these skills and use them in their companies or businesses to outsmart other competitors in their field or niche. Hence, it's crucial that other gamblers also learn from these strategies. Since the odds are against the gambler luck is not mainly on the side of the gambler, but the house. Gamblers should look into what else to gain through gambling other than money. While waiting for any day luck appeared to be on their side, the gambler should enjoy the process. That doesn't mean the player should be reckless, he still needs to have time management skills in controlling how long he spends each day gambling.


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December 25, 2023, 09:41:46 AM
 #247

That's why it is advisable to gamble without high expectation of winning. So that even the outcome is not good, you can just easily move on and not dwelling on what happened. If you can do this as a gambler then you can't become addicted since your main desire is not to make money when playing. Because a mindset of making money through gambling is not wise since you're too attached to have a positive outcome. But if you able to profit without expectation, it's more satisfying. Being a gambler who wager in games doesn't give consistent earnings unless you have other ways like as an investor or an owner of a casino.
Your idea correlate with the idea of responsible gambling and gambling what you can afford to loose. Gambling with amounts that's you are not comfortable loosing will put you at more risk than when you gamble with an amount that you don't find really significant and if lost you will not get emotional about it and not get into trouble aswell.

Reducing your expectations on games you are gambling on is another way of keeping your mind in check. Once the desire to make money gambling sets in, that's the point where loosing becomes endless because you don't get to be rational enough at some point and one fact is this it's almost impossible to consistently gamble without getting to the point where you expect yourself to make money gambling. But then it's possible to still stay out of addiction regardless of your quest to make money especially when you aren't desperate trying to make money gambling.

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December 25, 2023, 01:44:11 PM
 #248

If you don't have enough money to gamble and sustain your needs then it is something that you couldn't pull off.
The way I see it making a living from gambling or trading needs a huge amount of capital because we all know that we wouldn't always get a profit from it, we couldn't guarantee a consistent income from it.
There would always be a time that we would lose or couldn't make anything from it.
We are discouraging others to gamble or trade because not everyone is cut off to be in that profession or consider it as their main job.


Gambling can be enjoyable, but it's important to be aware of the risks involved. Just like drinking alcohol, it's easy to become addicted and end up losing a lot of money. To avoid any negative outcomes, it's important to set limits on how much money you're willing to win or lose while gambling. Remember, gambling should not be seen as a source of income because luck is not always on our side. Some people tend to bet higher amounts than they can afford, thinking they can consistently make money from gambling, but this is not a sustainable way to gamble. By setting limits, you can stay in control and prevent any problems from arising.

It's a fact that gamblers cannot win consistently, no need to believe, as Op said. The results we see people post is as a result of long-time involvement in gambling. Then they get a reward, which covers their losses and encourages them to gamble more. These days we need to note the importance of gambling in different ways. Gambling is not a means of earning morning all the time. We need to follow some routine as gamblers to enjoy gambling. Good you compared gambling to alcohol addiction. This plays in similar ways, without gambling being a substance that we inhale or take into our body system, it has some effects on the brain still. A gambler who follows the advice of OP, who only said this due to the way he's seeing people win in gambling but doesn't refer to his personal experience, would be undergoing some problem gambling.

Those who have such belief and trust in gambling need to change their perspectives and gamble for other good things gambling can offer which can yield us money in the outside world. Money management, critical thinking, and self-control, all consist of those skills we can learn in gambling and implement it in another part of life and earn money. CEOs and top managers in the USA, mostly gamble to obtain these skills and use them in their companies or businesses to outsmart other competitors in their field or niche. Hence, it's crucial that other gamblers also learn from these strategies. Since the odds are against the gambler luck is not mainly on the side of the gambler, but the house. Gamblers should look into what else to gain through gambling other than money. While waiting for any day luck appeared to be on their side, the gambler should enjoy the process. That doesn't mean the player should be reckless, he still needs to have time management skills in controlling how long he spends each day gambling.


Yeah, gambling's appeal is often misconstrued. It's a gamble, not a reliable income source. Lets not glorify CEOs and managers who gamble for critical thought and risk assessment. The exception, not the rule. Your remark concerning gambling's addiction is correct. Mental traps imprison the brain with false hopes. Gamblers generally chase losses and get worse. Repeat: gambling is enjoyment, not a financial plan.

Leveraging gambling for personal growth is tough. It can teach patience, strategy, and money management. These skills are a side effect, not the primary course. Gamblers should be aware of the risks and play responsibly. Remember, the house always wins. Be clever but safe.

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December 25, 2023, 02:53:53 PM
 #249

It doesn’t matter whether you’re happy or not, but there are different points of view. First of all, what do you call success? Secondly, at first there was a question: is there anyone who makes STABLE money from gambling, and then you said who was successful. I think that earning consistently is much harder than achieving one-time but major success. The whole difficulty lies in the fact that no matter how disciplined, calculating and cold-blooded you are, there are many factors in gambling that do not depend on you.
And the most important argument for me is that I don’t know a single successful gambler. This doesn't mean that they don't exist, but it means that if they exist, there aren't that many of them.
You are right that there are more possibilities of sudden success in gambling than constantly winning because you can't keep winning all the time because it's based on luck. There is also the house edge that eventually gives the house an advantage over the gambler if it's about gambling games. Some people think that they can use strategies and stuff to win in gambling games or recover their losses but that doesn't work, strategies like martingale are a recipe for disaster.

However, when we talk about sports betting, there are more chances of winning in that area of gambling because the results are not completely dependent on luck. One can win more bets than they might lose if they have enough knowledge and experience about the games they are betting on.

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December 25, 2023, 03:00:20 PM
Last edit: December 25, 2023, 03:18:31 PM by STT
 #250

Be realistic is best and yes its possible some people can make money but nobody makes money on every bet its just a hope that on average across a days betting you can make a profit. Do that enough times and you can argue its a regular profit.    I just dont think  its easy at all, anyone who does think its easy is likely to make a misstep or misjudge the risk and lose money.   Most realistic true thing I can say is  that every bet every game has a cost to play that game, to make a profitable bet you pay that fee then make a profit possibly, judging the best value bets is I think the only way to make a profit overall.   I dont have that level of skill personally, to judge value perfectly and grab the odds worth taking refusing the bad value bets takes alot imo.

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December 25, 2023, 04:57:59 PM
 #251

~
You are right that there are more possibilities of sudden success in gambling than constantly winning because you can't keep winning all the time because it's based on luck. There is also the house edge that eventually gives the house an advantage over the gambler if it's about gambling games. Some people think that they can use strategies and stuff to win in gambling games or recover their losses but that doesn't work, strategies like martingale are a recipe for disaster.

However, when we talk about sports betting, there are more chances of winning in that area of gambling because the results are not completely dependent on luck. One can win more bets than they might lose if they have enough knowledge and experience about the games they are betting on.
Random chance plays a significant role that makes it possible for for people to win at the first bet but difficult to maintain a winning streak over an extended period. The mathematical advantage ensures that the house is more likely to come out ahead in the long run, even if individual players experience short-term success. Strategies may seem promising in theory, but the unpredictability of gambling outcomes and the house edge make it challenging to sustain success through systematic approaches.

Unlike casino games, sports betting involves a level of skill and knowledge about the teams or events being wagered on. The assertion that one can win more bets than they lose with sufficient knowledge and experience indicates the influence of informed decision-making in sports betting. Sports betting allows individuals to make informed predictions based on factors such as team performance, player statistics, and other relevant information.

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December 30, 2023, 07:13:58 PM
 #252

That's why it is advisable to gamble without high expectation of winning. So that even the outcome is not good, you can just easily move on and not dwelling on what happened. If you can do this as a gambler then you can't become addicted since your main desire is not to make money when playing. Because a mindset of making money through gambling is not wise since you're too attached to have a positive outcome. But if you able to profit without expectation, it's more satisfying. Being a gambler who wager in games doesn't give consistent earnings unless you have other ways like as an investor or an owner of a casino.
Even if I do think that the majority of those that got addicted to gambling did so because at the beginning they were looking to make profits with it, at the same time we cannot discount the possibility there are many people which eventually found themselves in that condition because they enjoyed the games so much that even if they did not care at all about the profits they could get, that was more than enough for them to develop an addiction.

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