Effects of Gambling

[btctalk4life]

You are very rich if you can make that gambling as your daily activities to entertain yourself, it's too expensive IMO.

It depends on the person how much is he betting or how much money is he using to gamble. I am always gambling but in my case, I am just using the free BTCs I can get from faucets of a gambling site. It may be little but at that way, I can bet how much I want and you can just imagine how small that amount it.

With that, I also grew being tired of it though I still do it anyway since it is like a habit of mine. I am not addicted, it's just a way of relaxing and entertaining myself after loads and tons of work.

Well that means you are gambling only just for fun because you only use faucet money and not deposit your own money for gambling which is good, so you don't need to care about losing or winning.

[tabas]

Well that means you are gambling only just for fun because you only use faucet money and not deposit your own money for gambling which is good, so you don't need to care about losing or winning.

I have gambled before also with faucet but it's not worth. That's only the time that I'm learning myself on how I can effectively gamble with cryptocurrencies. Having free satoshi's with faucets aren't going to last long if you will use it to gamble.

[doomistake]

Well that means you are gambling only just for fun because you only use faucet money and not deposit your own money for gambling which is good, so you don't need to care about losing or winning.

I have gambled before also with faucet but it's not worth. That's only the time that I'm learning myself on how I can effectively gamble with cryptocurrencies. Having free satoshi's with faucets aren't going to last long if you will use it to gamble.

It doesn't matter if it is only free satoshis from the gambling site if you are not addicted in gambling, using those is a way of playing safe in gambling, you are enjoying it because you know that you are not going to lose any money of yours that you've earned from your blood and sweat, and that defines "Enjoying gambling" because you can't enjoy playing it if you are worrying you could lose your money.

Maybe that small amount won't last long, but who cares, if you are not playing gambling for profits then it is not that bad instead of risking your money just to figure out if gambling is really fun.

[panjul07]

You are very rich if you can make that gambling as your daily activities to entertain yourself, it's too expensive IMO.

It depends on the person how much is he betting or how much money is he using to gamble. I am always gambling but in my case, I am just using the free BTCs I can get from faucets of a gambling site. It may be little but at that way, I can bet how much I want and you can just imagine how small that amount it.

With that, I also grew being tired of it though I still do it anyway since it is like a habit of mine. I am not addicted, it's just a way of relaxing and entertaining myself after loads and tons of work.

Well that means you are gambling only just for fun because you only use faucet money and not deposit your own money for gambling which is good, so you don't need to care about losing or winning.

I can even say that playing using faucet is not even gambling because you do not take any risks by using faucet. Gambling in general should have a risk factor of losing our own money in order to win something. If you only use faucet all the time without making any deposits, then you are not a gambler. I dont know what is the right words to describe, but you are playing only. Not gambling obviously.

[fullhdpixel]

Why focus so much on individuals? Look at the countries where gambling is 100% legalized, such as Macau and Monaco. These countries have become super-rich due to the tax revenues from casinos. Also, huge number of jobs are created as a result of gambling.  

Yes some countries have legalize gambling, but still they have restricted the under age people from visiting casino and play gambling there. I think t hat it is a good decision it can prevent young people from wasting their time by visiting casinos.

How come that would be a waste of time? It's their own opinion / decision?
Only a person decides their fate, if those you people wanted to "waste" their money then it should be ok.

Well, I can understand from your angle that everyone is entitled to their own decision making process, and gambling is one thing that really should take proper decision before even considering it.

The funniest part is that some people still tend to understand how gambling can easily affect the gamblers in most cases and still end up getting addicted to it anyway. One thing for sure is that anyone who sees gambling as a means to make a lot of money will definitely get what they deserve for being dumb.

[BALIK]

I don’t think I’ve ever seen a gambling addict admit the negative consequences of gambling? It seems that the industry has some way of pulling the wool over their eyes so that they cannot see the destruction that awaits them. Personally, I think addiction based gambling is an extremely difficult issue to crack, as it keeps being reinforced with moments of joy (small wins) which somehow balance out the extreme lows (losing big). Personally, I don’t gamble with anything more than $50, and rarely do so even at that, because I know how much of a landslide gambling can turn into.

[emberbekas]

You are very rich if you can make that gambling as your daily activities to entertain yourself, it's too expensive IMO.

It depends on the person how much is he betting or how much money is he using to gamble. I am always gambling but in my case, I am just using the free BTCs I can get from faucets of a gambling site. It may be little but at that way, I can bet how much I want and you can just imagine how small that amount it.

With that, I also grew being tired of it though I still do it anyway since it is like a habit of mine. I am not addicted, it's just a way of relaxing and entertaining myself after loads and tons of work.

Well that means you are gambling only just for fun because you only use faucet money and not deposit your own money for gambling which is good, so you don't need to care about losing or winning.

I can even say that playing using faucet is not even gambling because you do not take any risks by using faucet. Gambling in general should have a risk factor of losing our own money in order to win something. If you only use faucet all the time without making any deposits, then you are not a gambler. I dont know what is the right words to describe, but you are playing only. Not gambling obviously.

We call people who only use the faucet to play on gambling sites without making deposits as abusers. And at this time, such activities will no longer be accepted. Most gambling sites will halt users from withdrawing money generated from such activities.

[doomistake]

The biggest factor here is self control, the greed to win more never gets satisfied until one loses every coin he have. Instead of celebrating, you'll end up crying.

It will be hard for someone to have this self-control if he is too confident about himself because he is winning in gambling, it is a bait where if he bite it, the next time thing that would happen to him is he is starting to lose his money. The house is very tricky, and if we are going to let it trick us every time, there is no other thing that we are sure but to lose. Gambling house job's is to make a huge bankroll every single day.

Coming from that, it is obvious that it was made to win most of the time, competing against it will just make you miserable at some ways.

[Sukut]

Gambling Affects your life either in a good or bad way in the long run. Some of those effects that can change your life are:

Good Effects:
*Can make money easily (not guaranteed)
*Gives so much pleasure
*Meeting new friends
*Can increase your assets

Bad Effects:
*Big loss
*Increased on your debt
*Loss jobs
*Depression/Stressed
*Broken Family/Failed on relationship
*Insufficient Funds

Despite of this effects many people are still want to continue gambling, how can you handle this possible effects of gambling in your life?

Well all we know that when you've played gambling you will be win or lose and this will affect you a good or bad . but sometimes you will lose a many times that will cause your head ache and problems.

Losing money causes not only your headache it may end up with really big problems like broken family that's why it is important to be able to control yourself.

[btctalk4life]

Gambling Affects your life either in a good or bad way in the long run. Some of those effects that can change your life are:

Good Effects:
*Can make money easily (not guaranteed)
*Gives so much pleasure
*Meeting new friends
*Can increase your assets

Bad Effects:
*Big loss
*Increased on your debt
*Loss jobs
*Depression/Stressed
*Broken Family/Failed on relationship
*Insufficient Funds

Despite of this effects many people are still want to continue gambling, how can you handle this possible effects of gambling in your life?

Well all we know that when you've played gambling you will be win or lose and this will affect you a good or bad . but sometimes you will lose a many times that will cause your head ache and problems.

Losing money causes not only your headache it may end up with really big problems like broken family that's why it is important to be able to control yourself.

Yeah, that's why you only gamble what you can afford to lose. Not using all your money that for your family but you use it for gambling and there are many cases like that out there.

[Fatanut]

I don’t think I’ve ever seen a gambling addict admit the negative consequences of gambling? It seems that the industry has some way of pulling the wool over their eyes so that they cannot see the destruction that awaits them. Personally, I think addiction based gambling is an extremely difficult issue to crack, as it keeps being reinforced with moments of joy (small wins) which somehow balance out the extreme lows (losing big). Personally, I don’t gamble with anything more than $50, and rarely do so even at that, because I know how much of a landslide gambling can turn into.

Addicts rarely do admit the consequences of being addicted to something because they don't want to face it. Talking about it to someone might lead to facing the matter and they probably have tried doing so in the past and have failed, hence, the skepticism. They don't want to touch the topic at all.

Our brain has a 'reward system' which gives us dopamine rush whenever we do something rewarding such as gambling. The dopamine rush that you get from gambling is almost as intense as the dopamine rush that you get from substance (drugs). There are people who do not experience a dopamine rush over normal events unlike other people. They are more prone in becoming a gambling addict than most. Since the dopamine rush in gambling is so high, it's where they have found a way to finally get a dopamine rush. Hence, they eventually become a gambling addict.

The moments of joy doesn't really balance out the extreme lows. It's rather because of the partial reinforcement effect that makes you keep on betting. When gambling, you don't know when are you going to win but you do know that eventually you are going to win. This makes you think that losing is just a part of what it takes to win and so you continuously gamble until you finally win.

And of course eventually your brain gets used to the dopamine that gambling is giving us. This makes gambling addicts take it to a more extreme level (i.e. gambling with higher bets) just so they can feel that same dopamine rush that they get when they first started gambling.

[cabrakaned]

Gambling Affects your life either in a good or bad way in the long run. Some of those effects that can change your life are:

Good Effects:
*Can make money easily (not guaranteed)
*Gives so much pleasure
*Meeting new friends
*Can increase your assets

Bad Effects:
*Big loss
*Increased on your debt
*Loss jobs
*Depression/Stressed
*Broken Family/Failed on relationship
*Insufficient Funds

Despite of this effects many people are still want to continue gambling, how can you handle this possible effects of gambling in your life?

Well all we know that when you've played gambling you will be win or lose and this will affect you a good or bad . but sometimes you will lose a many times that will cause your head ache and problems.

Losing money causes not only your headache it may end up with really big problems like broken family that's why it is important to be able to control yourself.

Yeah, that's why you only gamble what you can afford to lose. Not using all your money that for your family but you use it for gambling and there are many cases like that out there.

Personally i have seen a lot of gamblers who put everything inside gambling to get huge returns. They indeed are greedy and loose everything due to their greed. These kind of gamblers invest more and more untill they think that the bet is of no use and untill this time comes, they have already lost all of their funds making them bankrupt. Yes, gambling can make individuals bankrupt if you are having a lot of greed in your minds. First and foremost rule for gamblers is to keep there greed out of their business orelse it will eat their business and will leave nothing with them.

[kurian]

I don’t think I’ve ever seen a gambling addict admit the negative consequences of gambling? It seems that the industry has some way of pulling the wool over their eyes so that they cannot see the destruction that awaits them. Personally, I think addiction based gambling is an extremely difficult issue to crack, as it keeps being reinforced with moments of joy (small wins) which somehow balance out the extreme lows (losing big). Personally, I don’t gamble with anything more than $50, and rarely do so even at that, because I know how much of a landslide gambling can turn into.

Addicts rarely do admit the consequences of being addicted to something because they don't want to face it. Talking about it to someone might lead to facing the matter and they probably have tried doing so in the past and have failed, hence, the skepticism. They don't want to touch the topic at all.

Our brain has a 'reward system' which gives us dopamine rush whenever we do something rewarding such as gambling. The dopamine rush that you get from gambling is almost as intense as the dopamine rush that you get from substance (drugs). There are people who do not experience a dopamine rush over normal events unlike other people. They are more prone in becoming a gambling addict than most. Since the dopamine rush in gambling is so high, it's where they have found a way to finally get a dopamine rush. Hence, they eventually become a gambling addict.

The moments of joy doesn't really balance out the extreme lows. It's rather because of the partial reinforcement effect that makes you keep on betting. When gambling, you don't know when are you going to win but you do know that eventually you are going to win. This makes you think that losing is just a part of what it takes to win and so you continuously gamble until you finally win.

And of course eventually your brain gets used to the dopamine that gambling is giving us. This makes gambling addicts take it to a more extreme level (i.e. gambling with higher bets) just so they can feel that same dopamine rush that they get when they first started gambling.

I am pretty much convinced by this theory. It is the first time I hear something about "partial reinforcement effect". Thanks for explaining this in detail. It may sound boring but, the brain activity inside our head really affecting our emotions.

[Symphonized]

Why focus so much on individuals? Look at the countries where gambling is 100% legalized, such as Macau and Monaco. These countries have become super-rich due to the tax revenues from casinos. Also, huge number of jobs are created as a result of gambling.  

Yes some countries have legalize gambling, but still they have restricted the under age people from visiting casino and play gambling there. I think t hat it is a good decision it can prevent young people from wasting their time by visiting casinos.

How come that would be a waste of time? It's their own opinion / decision?
Only a person decides their fate, if those you people wanted to "waste" their money then it should be ok.

Well, I can understand from your angle that everyone is entitled to their own decision making process, and gambling is one thing that really should take proper decision before even considering it.

The funniest part is that some people still tend to understand how gambling can easily affect the gamblers in most cases and still end up getting addicted to it anyway. One thing for sure is that anyone who sees gambling as a means to make a lot of money will definitely get what they deserve for being dumb.

Unless they are pro gamblers and know how to get away from it

[samarnaaz]

I think gambling doesn't have any good good effect it has only bad effect first you can win money but farther you will lose all money which you won and which you have personally...

[Mastsetad]

I gamble very often but one time I get the chance to win a big amount and because of that I think that I was lucky enough to win even higher than I got, only to find out I was losing everything....
So the effects of gambling??it makes you believe you are capable of owning everything, it makes you greedy.

Even if you will setup a limit for your gambling, but you play gambling on regular bases, then you will surely become addicted to gambling. I have seen a lot of people who play gambling with a limit and never try to cross that limit but still they find it too hard to quit gambling forever. Therefore I think that once you become addicted to gambling then its not so easy to get red from it.

[Fatanut]

I gamble very often but one time I get the chance to win a big amount and because of that I think that I was lucky enough to win even higher than I got, only to find out I was losing everything....
So the effects of gambling??it makes you believe you are capable of owning everything, it makes you greedy.

Even if you will setup a limit for your gambling, but you play gambling on regular bases, then you will surely become addicted to gambling. I have seen a lot of people who play gambling with a limit and never try to cross that limit but still they find it too hard to quit gambling forever. Therefore I think that once you become addicted to gambling then its not so easy to get red from it.

I think you mean "Get rid" of it, not "Get red". The bad thing about those who are setting limits is that not all of them are able to not cross the limit. Most of them are consumed by their greed and that makes them feel frustrated. It makes them think that they can never get rid of their gambling habits as they can't even follow a simple limit in their bet amount.

And one of the reasons why it's hard to quit gambling is that our brain responds to losses more than our wins. We always want to try to win back our losses. Even when we've won $10, when we still have $100 loss, the win means nothing as we're not in the winning side still. We are so eager to win our losses back but we know that we are doomed to lose our money again and so we end up being in this never-ending cycle.

Another thing is thinking that since we've been in a losing streak, then we should win soon. The problem with this is that each bets are different from each other and the losing streak that you've had doesn't affect, in any way, the chances of you winning the next round. This line might ring a bell, "I've lost 7 times already, so this 8th bet HAS TO BE a win." and so we bet more because we think it's about to be a win.

[boyptc]

I think gambling doesn't have any good good effect it has only bad effect first you can win money but farther you will lose all money which you won and which you have personally...

Then what you call the effect of winning money? is that a bad effect? well at least that's one of the good effects that gambling can ever do.

I won't say that it doesn't have any good effect, there are people that if there's nowhere to go and they are in the time of needs. The only thing that they can think of is to gamble and do YOLO.

[ethereumhunter]

we know that the most effect of gambling has become addicting in gambling and we should prevent this. besides that, playing gambling can make us get lost the money without any chance to recover so we need to know when to stop the game and leave the places. maybe there are any other effects of gambling that we don't know and we still need to remember to make a limit on gambling games.

[Ewinsane]

You are very rich if you can make that gambling as your daily activities to entertain yourself, it's too expensive IMO.

It depends on the person how much is he betting or how much money is he using to gamble. I am always gambling but in my case, I am just using the free BTCs I can get from faucets of a gambling site. It may be little but at that way, I can bet how much I want and you can just imagine how small that amount it.

With that, I also grew being tired of it though I still do it anyway since it is like a habit of mine. I am not addicted, it's just a way of relaxing and entertaining myself after loads and tons of work.

Well that means you are gambling only just for fun because you only use faucet money and not deposit your own money for gambling which is good, so you don't need to care about losing or winning.

I can even say that playing using faucet is not even gambling because you do not take any risks by using faucet. Gambling in general should have a risk factor of losing our own money in order to win something. If you only use faucet all the time without making any deposits, then you are not a gambler. I dont know what is the right words to describe, but you are playing only. Not gambling obviously.

Apparently, we all know that playing with faucet money is just a waste of time and really cannot amount to anything, so I really do not see the point. Gambling site owners know that and even though you get so little that is even below the minimum withdrawal limit, since you are on the platform, at some point you may end up being compelled to gamble with real money so as to be able to have a higher odd as the case may be.

No one is ever going to gamble for fun using only faucets, as that is more like having fun wasting precious time you could use for other productive things.