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Author Topic: The danger is the addiction, not the odds  (Read 21897 times)
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December 31, 2018, 11:32:26 AM
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 #1

Hi folks,

Yes, as the title says, I see a lot of negativity here with many people complaining. But the issue is not about the odds. You can win even when the odds are not in your favor.

I will explain: many random people everywhere in the world, managed on a random day to win at the national lottery, several millions $. Yet, the odds were not in their favor at all! National lotteries actually impose a much bigger margin (protection) to make sure they win more than they lose.

The point is: you can win big on a given day, if you get lucky. And yes luck strikes everywhere once in a while.

The main issue I see in those threads here is people totally addicted, investing a lot of money, chasing their losses, increasing their stakes after a loss.

The danger is the addiction, not the odds.

My opinion anyway.
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December 31, 2018, 01:14:26 PM
 #2

Hi folks,

Yes, as the title says, I see a lot of negativity here with many people complaining. But the issue is not about the odds. You can win even when the odds are not in your favor.

I will explain: many random people everywhere in the world, managed on a random day to win at the national lottery, several millions $. Yet, the odds were not in their favor at all! National lotteries actually impose a much bigger margin (protection) to make sure they win more than they lose.

The point is: you can win big on a given day, if you get lucky. And yes luck strikes everywhere once in a while.

The main issue I see in those threads here is people totally addicted, investing a lot of money, chasing their losses, increasing their stakes after a loss.

The danger is the addiction, not the odds.

My opinion anyway.
Why the gambling and lottery system remain a very lucrative business is because many people are addicted to it. The odd will ever be against you 70% time but can you resist the urge of not placing a bet especially when very heavy amout of money is evolving in return? We are all greed for gain and that is what makes life goes around.
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December 31, 2018, 01:31:14 PM
 #3

Gambling addiction is a difficult subject to discuss.

People must only gamble with amounts they can afford to lose. It sounds stupid but it’s that simple.
Never, ever gamble with money required for bills etc. If you need help there are organisations that can be found via a quick google search.

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December 31, 2018, 02:28:22 PM
 #4

Yes, the addiction can make us lost everything we have. When we addicted, we have big greediness that will come to us and keep whispering in our ear to continue the next round. For people who can stay away from the gambling, it's easy for them but for the other people, they cannot leave the gambling place, and they will place bigger money in one round because they believe that the chance comes and this time, they will make big money but they don't.

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December 31, 2018, 03:04:37 PM
 #5

Gambling is very addictive and very dangerous because the addiction takes you away from other things in life.

This is not only a financial risk but also a personal risk, how many families got broken because of gambling? Countless ...

All in all a gambling is a losing proposition, if you truly wish to win - either bet on yourself (i.e. don't gamble), or become a "house" (although I'm personally against it), or use a strategy that gives you some edge which is time consuming but if you feel like you have to and it's your last resort - then by all means at least make an educated bet and not a random one.

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December 31, 2018, 03:25:57 PM
 #6

It's reasonable when people able win in unexpected time. On that time, whenever they can feel joy or nothing it's really depend on them.
When they experience joy, it will reach into addiction especially when they gamble with huge amount.

Just becareful when you're start to gamble !

Smiley
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December 31, 2018, 05:02:41 PM
 #7

Now thats the point. If you would compare the life of an occassional gambler and an addict, you would tell the difference. You see, even the addict spent more time in casino, they are more often to loss money than to win the jackpot. They will try again next time until they dont have anything left. The occassional gambler, although they lost, they didnt take that as big deal and didnt burry themselves deeper.

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December 31, 2018, 05:31:27 PM
 #8

People must only gamble with amounts they can afford to lose. It sounds stupid but it’s that simple.
An addict don't follow any rule. Once they have money they want to multiply it. Eventually they lose it and go back to the home empty handed. Once people get addicted they don't analyse much they just see the odds and place their bet.

I can tell that because I was addicted to gambling. I lost a lot but used to felt nothing at all. I used to place bet just seeing the odds.

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December 31, 2018, 08:40:40 PM
 #9

Hi folks,

Yes, as the title says, I see a lot of negativity here with many people complaining. But the issue is not about the odds. You can win even when the odds are not in your favor.

I will explain: many random people everywhere in the world, managed on a random day to win at the national lottery, several millions $. Yet, the odds were not in their favor at all! National lotteries actually impose a much bigger margin (protection) to make sure they win more than they lose.

The point is: you can win big on a given day, if you get lucky. And yes luck strikes everywhere once in a while.

The main issue I see in those threads here is people totally addicted, investing a lot of money, chasing their losses, increasing their stakes after a loss.

The danger is the addiction, not the odds.

My opinion anyway.

People had different addiction in their life gambling is also one of the kinds in the case but gambling is more addictive one because once you get into it you cannot leave other getting Prophet are getting loss that's why people are saying gambling is more addictive.

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December 31, 2018, 09:37:00 PM
 #10

It's reasonable when people able win in unexpected time. On that time, whenever they can feel joy or nothing it's really depend on them.
When they experience joy, it will reach into addiction especially when they gamble with huge amount.

Just becareful when you're start to gamble !
Addiction will start if you continue to gamble even if you are losing and even increase your bet just to win back your loses. Always be careful in gambling, don’t hesistate to stop when you feel like you are getting addict. Don’t be like those gamblet who are keep on playing and make gambling as their source of income.
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December 31, 2018, 10:08:07 PM
 #11

The addiction comes from greed of the people,when someone want to make easy money on gambling they will play with money most of the time they will lose and come up again to recover the losses and losing again will make them addicted even of they win few times they can't get out just because of greed only.
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December 31, 2018, 10:43:07 PM
 #12

I agree. The addiction is the problem.

You can keep an small amount of money for gambling and whatever happens to that money, you will be ok. The problem with the addiction is that when the addicted lose that small amount of money, he may invest even more. Then if he loses, he will "need" to gamble again to recover heia losses... In a no end circle..

Gamble safety, with the amount of money you can afford to lose.

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December 31, 2018, 11:24:58 PM
 #13

The addiction comes from greed of the people,when someone want to make easy money on gambling they will play with money most of the time they will lose and come up again to recover the losses and losing again will make them addicted even of they win few times they can't get out just because of greed only.
Keeping yourself busy in gambling can make you addict on that, and because of your greediness, you can consider as an addict gambler and its really hard to get out of that one once you are there already. Control yourself to prevent this, there’s a better life outside this world don’t ruin it because gambling will surely make you broke if you still choose to stay in gambling.

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December 31, 2018, 11:26:20 PM
 #14

Definitely it is. Odds are part of gambling and it can never be removed.  As for the gamblers that becomes addicted, they can bever manage themselves. Its sad to say that they point out gambling ruins their life but in reality they arent even responsible gamblers.

Learning from the experience and mistake of others shall be applied by everyone. Gamble responsibly and if you cant handle the pressure and tense, gamble moderately.

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December 31, 2018, 11:33:25 PM
 #15

If you can't handle the resposibilities of gambling or other aspects of gambling, just don't gamble at all so you don't run the risk of potentially becoming addicted to gambling and look for something else that is entertaining for you, or look for opportunities to make money if your intention was to make money in case you weren't informed of house edge and how you're guaranteed to lose in the long term. Gambling's definitely not for everyone, but there are plenty of other things that you can do for entertainment out there.
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January 01, 2019, 10:28:20 AM
 #16

You got the point there mate,many people are afraid of losing while the real problem is to become an gambling addict,and you are right again that chasing the losses is the way of more gamblers to turn as addict and uncontrollable so if we are aware or not about this,try to analyze by yourself so you might find what we are trying to say
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January 01, 2019, 12:57:26 PM
 #17

The issue is lies with the people, people always want to win no matter what the odds is, gambling addiction is more to the greed, it doesn't got anything to do with odds, because the odds is always better for the house and the gamblers know it, but yet they still play and hopes to win every time, the gambling addiction happen because of lack self control
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January 01, 2019, 01:11:52 PM
 #18

If you can't handle the resposibilities of gambling or other aspects of gambling, just don't gamble at all so you don't run the risk of potentially becoming addicted to gambling...
It's really hard to control the greed. Gambling seems the most easiest way to make money. Those flashy ads, attractive odds, winning history, raffle draw etc etc creates interest. You give it a try and start gambling.

Once you become addicted then you find yourself losing money every time. Even when you win you feel like to make more and eventually you lose. I know people who place bets just by seeing the odds.

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January 01, 2019, 01:30:31 PM
 #19

Hi folks,

Yes, as the title says, I see a lot of negativity here with many people complaining. But the issue is not about the odds. You can win even when the odds are not in your favor.

I will explain: many random people everywhere in the world, managed on a random day to win at the national lottery, several millions $. Yet, the odds were not in their favor at all! National lotteries actually impose a much bigger margin (protection) to make sure they win more than they lose.

The point is: you can win big on a given day, if you get lucky. And yes luck strikes everywhere once in a while.

The main issue I see in those threads here is people totally addicted, investing a lot of money, chasing their losses, increasing their stakes after a loss.

The danger is the addiction, not the odds.

My opinion anyway.

I agree with your phrase that addiction is the danger and not the odds but these two variables are strongly correlated.

The odds are not in favor of you in order to play and play all the time because you think that you will win one time. But every time you lose and you bet again you get more addicted to gambling. Every individual who bets is somehow addicted (in my opinion). The best way to tackle it is self-control and by that, I mean that you don't have to bet all your savings. Lock the biggest portion and gamble with a small one. If you are lucky you will still win and make a profit.
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January 01, 2019, 03:22:55 PM
 #20

Hi folks,

Yes, as the title says, I see a lot of negativity here with many people complaining. But the issue is not about the odds. You can win even when the odds are not in your favor.

I will explain: many random people everywhere in the world, managed on a random day to win at the national lottery, several millions $. Yet, the odds were not in their favor at all! National lotteries actually impose a much bigger margin (protection) to make sure they win more than they lose.

The point is: you can win big on a given day, if you get lucky. And yes luck strikes everywhere once in a while.

The main issue I see in those threads here is people totally addicted, investing a lot of money, chasing their losses, increasing their stakes after a loss.

The danger is the addiction, not the odds.

My opinion anyway.

Addiction is a state of mind, especially in gambling! The addiction strikes when a person thinks that gambling is a way to earn living. That's totally wrong because gambling is not a method of making money, it is only a way of entertainment. Those who take gambling as the way it is, they usually don't become addicted. The problem starts when someone takes it as a method of making money and recover their early losses.

So for me, the danger is when gambling is portrayed wrongly as a method of making money instead of an way of entertainment! Odds depend on the personal risk taking capability.

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