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Author Topic: Gambling is not place to make money is place to lose it?  (Read 1577 times)
slapper
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May 27, 2024, 02:17:05 PM
 #321

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Yes, the point is that we have to be really wise when making a decision, and make sure that you understand or know what you are doing, or the point is that we have to first understand the various positive and negative possibilities that exist in gambling. such as the opportunity to win and also the possibility of experiencing the risk of loss, where by fully understanding how gambling actually works, it is very likely that you will be able to make a decision that you can truly be responsible for which will keep you fine and not too sorry when you finally lose.

Of course gambling is not a place to earn income, and I have said before that it is very unreasonable to use a place that has absolutely no certainty or guarantee whatsoever to become a place to earn money, and most of the gamblers who try to make gambling a place to looking for income will usually experience bad impacts such as losing large amounts of money, where the situation becomes much worse over time when they try to chase losses to recover.
Gambling goes beyond throwing money away and hoping for the best. A science of chance and calculation underlies it. Have you heard about game theory? It studies how decisions and strategies conflict. Gambling embodies game theory. I'm not suggesting you quit your work and move to Vegas. Every bet is a risk assessment and choice. Understanding probability, reading patterns, and knowing when to push and fold are key. Like poker, but against the house. Gambling isn't a stable source of income. It's fun and thrilling. It's a strategy and skill game. With the correct mindset and realistic expectations, it can be a lot of fun

Bet what you can afford to lose. Consider it a concert ticket or night out. Winning and losing are possible. What about the exhilaration, challenge, and feeling of overcoming the odds? It's invaluable. And who knows? You might get that royal flush or lucky streak. It occurred before. You'll have a wild journey even if you don't. Wasn't that life's purpose?

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DaNNy001
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May 27, 2024, 02:28:29 PM
 #322

`

Yes, the point is that we have to be really wise when making a decision, and make sure that you understand or know what you are doing, or the point is that we have to first understand the various positive and negative possibilities that exist in gambling. such as the opportunity to win and also the possibility of experiencing the risk of loss, where by fully understanding how gambling actually works, it is very likely that you will be able to make a decision that you can truly be responsible for which will keep you fine and not too sorry when you finally lose.

Of course gambling is not a place to earn income, and I have said before that it is very unreasonable to use a place that has absolutely no certainty or guarantee whatsoever to become a place to earn money, and most of the gamblers who try to make gambling a place to looking for income will usually experience bad impacts such as losing large amounts of money, where the situation becomes much worse over time when they try to chase losses to recover.
Gambling goes beyond throwing money away and hoping for the best. A science of chance and calculation underlies it. Have you heard about game theory? It studies how decisions and strategies conflict. Gambling embodies game theory. I'm not suggesting you quit your work and move to Vegas. Every bet is a risk assessment and choice. Understanding probability, reading patterns, and knowing when to push and fold are key. Like poker, but against the house. Gambling isn't a stable source of income. It's fun and thrilling. It's a strategy and skill game. With the correct mindset and realistic expectations, it can be a lot of fun

Bet what you can afford to lose. Consider it a concert ticket or night out. Winning and losing are possible. What about the exhilaration, challenge, and feeling of overcoming the odds? It's invaluable. And who knows? You might get that royal flush or lucky streak. It occurred before. You'll have a wild journey even if you don't. Wasn't that life's purpose?
Whenever I hear the word strategic betting what comes to my mind always is sportsbetting because I feel that's the only event you could possibly get a heads up or closer change to actually predicting correctly the outcome of games although sometimes the results aren't all that accurate but that's gambling for you. But the static truth about gambling is that the rate of losing is always higher compared to winning so it's better to have that mentality before even going into gambling because if you are of the idea that you could win a lot then you would probably just end up being heart broken especially when you have that sharp losing streak but if you take it for fun and enjoy the process then you would know that the rain of winning streak too is a must and you will be smiling when that comes.

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May 27, 2024, 02:31:54 PM
 #323

Is this true gambling is not place to make money is place to lose it?

Well, I think it all depends on your own perspective regarding gambling. For me, gambling is very complex if we have to examine and translate it. gambling with all the features available, all aimed at people who are interested in playing it or want to bet. referring to the title of the thread you said, I will quote it "Gambling is not the place to make money is the place to lose it?" For me, this expression or question is too ambiguous, it does not represent the true essence.

So it's like this, if you go gambling to lose, why are you doing it. It's better for you to invest in installments, little by little. So, for me gambling is entertainment that is growing rapidly in the digital era with all the games and features available. It's just that, this type of entertainment contains risks in addition to being able to have fun when playing a betting game. The question is, does gambling make money? Of course yes, if you are lucky, especially when you get the jackpot. However, it is important to know that every time we bet, risks will always lurk when we gamble. if you lose, that is the most common thing and all of us as gamblers often lose in betting. That's why the winning ratio is smaller compared to the possibility of losing. just imagine the opposite, if more gamblers win, what about the casino platform.
Well, for me gambling is something complicated but fun to play. whatever the stakes, we can have fun with it. The matter of winning or losing, isn't that part of when we gamble? So, I think you can define gambling for yourself with your own thoughts.



Gambling actually offers both; winning and losses. One cannot say that gambling is a place where people lose money without winning. A times we win and a lot of times we lose for the house to make more money. Players who don't acknowledge this concept of gambling actually suffer lots of losses. So, in this sense I accept your idea about the house actually benefiting from those loses, players are not supposed to hope on winning always, that means casinos will go bankrupt, a lot.

Casinos are not charity organizations, it's a place to spend money for entertainment purposes. Unfortunately a lot of players go into the game for money that's why they end up being disappointed. And I think it is where this thought of op was made from because when a player loses a lot he would conclude that there's no means of winning in gambling. Sure it's true, that the house actually takes up all the money regardless, but sometimes a gamer will win. If lucky that would be the jackpot.

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May 27, 2024, 02:52:30 PM
 #324



Casinos are not charity organizations, it's a place to spend money for entertainment purposes. Unfortunately a lot of players go into the game for money that's why they end up being disappointed. And I think it is where this thought of op was made from because when a player loses a lot he would conclude that there's no means of winning in gambling. Sure it's true, that the house actually takes up all the money regardless, but sometimes a gamer will win. If lucky that would be the jackpot.

I agree with you. So far, people have had the wrong perception about how they see gambling. The reason is because they saw several people who won the jackpot so he thought he could change his life by gambling. This is completely wrong. As you said, casinos are not charities that will give jackpots to everyone. The chance of getting the jackpot is very small. Casinos are created as places of entertainment. You play and enjoy your adrenaline rush. Sometimes you win and sometimes you lose. But if you accumulate everything then the result is that you lose, if you really want to make money from there.

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May 27, 2024, 03:04:53 PM
 #325

Gambling actually offers both; winning and losses. One cannot say that gambling is a place where people lose money without winning. A times we win and a lot of times we lose for the house to make more money. Players who don't acknowledge this concept of gambling actually suffer lots of losses. So, in this sense I accept your idea about the house actually benefiting from those loses, players are not supposed to hope on winning always, that means casinos will go bankrupt, a lot.

Casinos are not charity organizations, it's a place to spend money for entertainment purposes. Unfortunately a lot of players go into the game for money that's why they end up being disappointed. And I think it is where this thought of op was made from because when a player loses a lot he would conclude that there's no means of winning in gambling. Sure it's true, that the house actually takes up all the money regardless, but sometimes a gamer will win. If lucky that would be the jackpot.
This is what attracts players to gambling; they think that they will be lucky, and not other players. The mistake of the majority lies in this. Here you need to understand that we are no different from these millions of players, and only luck decides who the winner will be. This uncertainty attracts many after a boring life in which everything is monotonous, but starting to play, emotions fly up and down, this shakes many people’s mental stability and they begin to do actions that they should never do. This is where dependent people appear who have left a lot in the house. I strongly advise many players to think about this and not give in to deep emotions. I have succeeded in this over many years in gambling, I just test at a minimum level so that it doesn’t happen, be it winning or losing, because I understand these subtle moments and the mechanism of how the gambling industry works.

R


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Dr.Bitcoin_Strange
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May 27, 2024, 03:12:18 PM
 #326


Is this true gambling is not place to make money is place to lose it?


Some casinos want you to believe that their casino is a good place to make money or double your money, but the fact is gambling is never a cash cow, and you have little chance of making money from gambling.

Casinos are not a place to lose money just like that, it's an entertainment platform and you have to pay for something that will give you a sort of entertainment because entertainment is not free, casinos spend money to set up their platform for gamblers to enjoy their time there.

Exactly, sometimes there are some advertisements for casinos on billboards in my country where those casinos will boldly state, "Win $100, 000, multiply your earnings, and enjoy real entertainment." In my imagination, (i would say) all these false promises are just to attract more gamblers or novices, making them think they can easily multiply their money and win $100,000.

Gambling is good entertainment for those who love it, but it's never a good way to make money, not because it's illegal but because there is no guarantee to earn from it for every dollar you stake. Someone can stake $20 and even lose it; some big gamblers are losing thousands to millions of dollars every day at the casino.

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May 27, 2024, 03:28:10 PM
 #327


Is this true gambling is not place to make money is place to lose it?


Some casinos want you to believe that their casino is a good place to make money or double your money, but the fact is gambling is never a cash cow, and you have little chance of making money from gambling.

Casinos are not a place to lose money just like that, it's an entertainment platform and you have to pay for something that will give you a sort of entertainment because entertainment is not free, casinos spend money to set up their platform for gamblers to enjoy their time there.

Exactly, sometimes there are some advertisements for casinos on billboards in my country where those casinos will boldly state, "Win $100, 000, multiply your earnings, and enjoy real entertainment." In my imagination, (i would say) all these false promises are just to attract more gamblers or novices, making them think they can easily multiply their money and win $100,000.

Gambling is good entertainment for those who love it, but it's never a good way to make money, not because it's illegal but because there is no guarantee to earn from it for every dollar you stake. Someone can stake $20 and even lose it; some big gamblers are losing thousands to millions of dollars every day at the casino.
That kind of advertising is illegal in my country. I am assuming it's illegal in most first world countries in a same way you can't advertise a token sale like that without SEC ruling it as a security.
But i really sometimes wonder why people think casinos would be profitable organizations if most people win more money then they would lose?

In fact that applies to every game in every casino. The fact some people really think that there would be a tactic that they just haven't found, or that they are just gambling wrong and losing because of that puzzles me. Do these people totally ignore the concept of luck? Or do they consider other winners lucky and they themselves, not only unlucky but gambling wrong? It shouldn't be a news that casinos are build so that they are mathematically guaranteed ultimately to make profit.

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May 27, 2024, 03:35:33 PM
 #328

That is a wrong motive to say gambling is a place to make money.Gambling is for fun and not a place for making money,it is not a source of income.An average person might gamble with the expectation of making more money end up losing more while a rich person who knows the right aim of gambling will gamble for fun and without having the expectation of making money and be the lucky one to go home with wins.Gambling is not a place to make money but a place to catch fun.

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May 27, 2024, 03:55:15 PM
 #329

Whenever I hear the word strategic betting what comes to my mind always is sportsbetting because I feel that's the only event you could possibly get a heads up or closer change to actually predicting correctly the outcome of games although sometimes the results aren't all that accurate but that's gambling for you. But the static truth about gambling is that the rate of losing is always higher compared to winning so it's better to have that mentality before even going into gambling because if you are of the idea that you could win a lot then you would probably just end up being heart broken especially when you have that sharp losing streak but if you take it for fun and enjoy the process then you would know that the rain of winning streak too is a must and you will be smiling when that comes.
the rate of loss no doubt is usually higher than wins but then you make sure that every win you make is enough to help you make up for your loss enough that you are definitely going to still be in profit regardless of how much you have lost to the casino and that's why there's always an application of risk to reward and making sure to have some risk management strategy which make your risk to reward ratio so high that you are not at loss even after four losses and a single win but only a few gamblers are rely mindful about this enough to get to the point they will be careful enough about it to the point they will be able to make profits even amidst losses.

sport betting can actually be lucrative especially if you are not greedy with you expectations and are very real with what they should be probably by thinking in terms of percentage and when you are wining you are winning based on percentage and applying same to your amount you stake at once on a bet at a time.


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May 27, 2024, 04:45:01 PM
 #330

Gambling actually offers both; winning and losses. One cannot say that gambling is a place where people lose money without winning. A times we win and a lot of times we lose for the house to make more money. Players who don't acknowledge this concept of gambling actually suffer lots of losses. So, in this sense I accept your idea about the house actually benefiting from those loses, players are not supposed to hope on winning always, that means casinos will go bankrupt, a lot.

Casinos are not charity organizations, it's a place to spend money for entertainment purposes. Unfortunately a lot of players go into the game for money that's why they end up being disappointed. And I think it is where this thought of op was made from because when a player loses a lot he would conclude that there's no means of winning in gambling. Sure it's true, that the house actually takes up all the money regardless, but sometimes a gamer will win. If lucky that would be the jackpot.

That’s the only two things that are import in gambling any other thing does not matter so it either you win or you lose and most time there are more loses than winning so it is left for every individual to know how to control there gambling habits. A lot of people always fail to understand gambling and that is why they are always losing, they don’t do things logically they just want to win which is good thing but not taking proper steps will lead to financial disaster, because people lose money for various reasons which is all their fault because is either they are to greedy or they just make selection without any consideration so it shows that they bet recklessly and they don’t fit in, they should just leave gambling alone.

And some people blame casinos and the rest for losing games or even saying they are bad for the community did they forget that, casino also spends money in setting up the place they have to pay their staffs, and if their is a win they have to also pay the person, so it clearly shows that money is important for both parties. The main reason people visit casinos is not other than to make money. Put if you think you will always win then you lie because before you start gambling you should already know the risk behind it, you might experience more loses not that anything is wrong but that is just the nature of gambling. You can play everyday but make right choice and don’t allow money drive you.

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May 27, 2024, 08:43:41 PM
 #331

Gambling actually offers both; winning and losses. One cannot say that gambling is a place where people lose money without winning. A times we win and a lot of times we lose for the house to make more money. Players who don't acknowledge this concept of gambling actually suffer lots of losses. So, in this sense I accept your idea about the house actually benefiting from those loses, players are not supposed to hope on winning always, that means casinos will go bankrupt, a lot.

Casinos are not charity organizations, it's a place to spend money for entertainment purposes. Unfortunately a lot of players go into the game for money that's why they end up being disappointed. And I think it is where this thought of op was made from because when a player loses a lot he would conclude that there's no means of winning in gambling. Sure it's true, that the house actually takes up all the money regardless, but sometimes a gamer will win. If lucky that would be the jackpot.
I don’t think the casino are responsible for gambling lose or they intentionally do that for money sake, definitely we must not expect a win always or else we might be disappointed because there’s no 100% guarantee prediction given when it comes to gambling. Aside the fun, it’s obvious gamblers get excited after just one win because the feeling come specially. Although not everyone will feel same but, much people will always like to win always which is very wrong because when they never get to experience a win alway just like what you mentioned they’ll start developing anger and emotions, some anger might come in another form whereby they allow their emotions to control them by putting everything just to bet, I think this is definitely a perfect correction for people who think they can earn with gambling angrily meanwhile some will just decide to take a break.
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May 27, 2024, 08:55:02 PM
 #332

Hi everyone,

Gambling has become very popular in the world , especially after the changes that have occurred over the years with modern technology and the abundance of games, we can now gamble with one push    anywhere and anytime . More money is flowing to sites and casinos in huge quantities, and everyone’s goal is to win more ,As is always known, if there is a loser, there is a winner, and I don't think that the percentage of losers is greater than the winners .

Is this true gambling is not place to make money is place to lose it?

Maybe from your point of view this is the purpose of gambling, but for others it is not, because there are others who gamble because they really just want to have fun, and for others it is recognized as a source of income and for others it is a habit. .

Yes, it's true that most people who gamble in casinos usually end up losing, that's why others always say gamble at your own risk, no one forces you to gamble but we decide if we want to gamble.

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