XZERO1
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November 13, 2020, 03:22:31 PM |
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Gambling is both a business and an entertainment because that depends on the players that play the games that would involve gambling. Some people say Gambling is just Mathematics and some players really got the skills to play so they are treating it as a business in which its a source of their income. Other people only gambles when they got money to burn and that is why for them its entertainment.
No matter what the person thinks or believes that doesn't change the fact that gambling for the gambler can not be a business unless they are using some kind of a trick or found some kind of a bug in the system and that way they can control the outcome of the games to a degree that can give them an almost stable source of income, in any other cases which is like more than 99% of them it is just gambling and you should treat it as entertainment, only the ones that are owning the casino are running a business and can count on it to give them return.
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Natsuu
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★Bitvest.io★ Play Plinko or Invest!
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November 13, 2020, 03:35:07 PM |
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Being nervous is normal when you are betting a decent amount and that would affect your finances when you lose, but if you still stay at the line of "bet what you can afford to lose", I guess you'll still be alright and that pain you will feel when you lose is just going to be a short lived one.
I think that "bet what you can afford to lose" will be the important thing that we should remember because if that is not in our dictionary, we will always use more money to bet. Some people will feel losing money for a long time, and they can not erase that feeling for some time. We can apply that thing before we play gambling so that we can avoid a big loss. This rule is basic for every risky activity where you put your money so it applies to gambling to. I think that as long you bet the sum you can afford to lose you will have fun and when you cross that line frustration, pressure and anger appear. In that case gambling is no longer fun and not just that it can easily turn into problem. Entertainment must equate to fun, but if it turns out to be the opposite, then you must have the problem already. So, to avoid the worst scenario, you need to put that anything across the line into a deposit box, investment, etc. that cannot be move,or withdrawn. By doing this, you can forcefully restrain yourself from overdoing a gamble, although, the feeling of loss will still hurt and hunt you, but It is better than losing more than those.
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TedMosby
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November 13, 2020, 03:51:39 PM |
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Most of the people states that gambling is form of entertainment but the reality is different gambling is like business where people look to make more money from investing little money but most of them will get failed. So in your view gambling is business or entertainment,answer honestly. IMO, it is subjective. For me, gambling or betting is an entertainment. Why? because you can gamble without money. As a child (or maybe until now), I guess some of you have ever did a slap bet. Yeah the loser will get slapped by the winner. It’s that simple, fun to play, and it’s gambling right? Also, why do rich people still gamble or come to casino? Because they want to entertain their self. They love to spend money in casino, not to get money. Gambling is entertainment, and the money that you get from winning a bet will “entertain” you and add more excitement to your gambling activity.
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kawetsriyanto
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duelbits.com
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November 13, 2020, 05:22:57 PM |
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IMO, it is subjective. For me, gambling or betting is an entertainment. Why? because you can gamble without money.
Yep, it can be subjective as people may view in different ways. We have the same opinion because we viewed most people around us spend their time for gambling or betting mostly to get entertainment than earning money. If their purpose is to earn money, they won't come to something that has a higher chance to lose your money than earning money. I am pretty sure that most people who gamble or betting know well about a small chance to win. That's why it is not a proper place to expect earning money. Moreover, if someone wants to earn regularly, he is in the wrong place. By the way, not all gambling games can be played with no money. It only applies to limited games, while most gambling games or betting require money.
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Mauser
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November 13, 2020, 05:24:04 PM |
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gambling is one of the funniest way for passing time. it's absolutely entertainment and not business (unless you are a poker pro player ) people that doesn't realize this difference are just playing in a nervous way, without enjoying the pleasure of a bets. I am glad to see the result of the poll it means that vast majority of players have the same idea about gambling I agree, the poll shows that most people view gambling as entertainment. The 6 guys voting for No probably pressed the wrong button 😅 there are some people who can't find anything positive in gambling and either lost some money in the past or just never really tried it. Most of us here on the forum can have a good time with gambling and it's definitely an entertainment.
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Oshosondy
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Gamble responsibly
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November 13, 2020, 07:15:20 PM |
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Everyone can gamble but not everyone is capable, especially those who have some financial problem as gambling is not good for them.
Those who have financial problem should truly not gamble because gambling is not about making money, it is about fun, those that want to make money from it with haste will only lose, and that will be the result of a person that is having financial problem and gambling, gambling will only add to his problem. But, not only that, anyone that wants to make money from gambling thinking he can learn it and gain can not really make any difference, they will also lose at last, gambling should be for fun as the topic is suggesting.
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l3pox
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There's no need to be upset
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November 13, 2020, 07:19:53 PM |
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<..>
In short, those who run the casinos are getting money from people who spend money just to have fun. That's the usual scenario as majority of the gamblers are just having fun, others maybe serious but majority of these serious people are still losing money. That's how business works they know that majority of players only want to make their self entertain as time goes on. Some serious players have secured strategy that they apply to game just to wins, not all of them is losing money but most of them is. as the popular saying affirm: "The house always wins" definitely agree with both: most of gamblers will end up losing money (here's dopamine addiction again...) when it comes to winning from the house, I'd add that it depends on the game, some games have an edge while others don't. some games are just pure luck with really low probability of winning, others have a strategy/skill contribution too. if you can calculate it (and care about calculating probabilities) you're already far ahead than other gamblers.
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johhnyUA
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Crypto for the Crypto Throne!
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November 13, 2020, 07:32:28 PM |
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gambling is like business where people look to make more money from investing little money but most of them will get failed.
Gambling is nothing close to investment man, Your quote is fully wrong. In "investment" you're using analysis to calculate will this investment be successful or not, and the influence of probability is significantly low. And vice versa with gambling, where house of edge and EV is always negative. The only way to invest in gambling is to open your own casino
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Mahanton
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November 13, 2020, 10:58:18 PM |
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gambling is like business where people look to make more money from investing little money but most of them will get failed.
Gambling is nothing close to investment man, Your quote is fully wrong. In "investment" you're using analysis to calculate will this investment be successful or not, and the influence of probability is significantly low. And vice versa with gambling, where house of edge and EV is always negative. The only way to invest in gambling is to open your own casino Maybe he do talk about those other thread where investment and gambling is just the same but only to those sports betting thing.If we do really think that clearly then its totally different because gambling is really intended for entertainment purposes and has nothing to do with investment yet its a different thing to talk about.
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fullhdpixel
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November 14, 2020, 04:30:53 AM |
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Casinos could go on working without us becoming gambling addicts, they do exist bigger because we are gambling addicts (we as in people, not me) but that just changes the amount of profit they make, not the profit or loss part of it. Just because all humanity realizes that gambling is risky and you lose money doesn't mean that everyone will stop gambling, there will be a lot of people who would stop gambling if they realize that they can't profit from gambling, but not all gamblers.
I personally know that I won't be profiting but I still continue to gamble, which means I can't be the only one and that is why there are tons of others who are in the same boat. Casinos could still profit from people like me and try to keep us in their casinos to have a steady amount of profit instead of wild whale addicts who lose a bunch and earn a bunch.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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iamsheikhadil
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November 14, 2020, 05:20:44 AM |
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gambling is like business where people look to make more money from investing little money but most of them will get failed.
Gambling is nothing close to investment man, Your quote is fully wrong. In "investment" you're using analysis to calculate will this investment be successful or not, and the influence of probability is significantly low. And vice versa with gambling, where house of edge and EV is always negative. The only way to invest in gambling is to open your own casino Saying gambling is investment is like saying buying cars is asset. While buying gold, silver, lands can be assets because in the long term the price will only increase and not decrease but buying cars are a waste of money because with time it will only go down in price in the long run. Gambling gives fun to play just like fun to drive a car but it's an expense not a savings!
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cherryganda
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November 14, 2020, 06:27:13 AM |
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gambling is one of the funniest way for passing time. it's absolutely entertainment and not business (unless you are a poker pro player ) people that doesn't realize this difference are just playing in a nervous way, without enjoying the pleasure of a bets. I am glad to see the result of the poll it means that vast majority of players have the same idea about gambling Gambling sites here in cryptocurrency must be a habit only to any players who will enter it. They shouldn't take it as one of their vice wherein the end nothing will be left for them. Remember, when you gamble your money 95% is the average of losing rather than winning in the games whether it is casino or what.
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Kupid002
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November 14, 2020, 07:34:08 AM Last edit: November 14, 2020, 08:48:04 AM by Kupid002 |
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gambling is like business where people look to make more money from investing little money but most of them will get failed.
Gambling is nothing close to investment man, Your quote is fully wrong. In "investment" you're using analysis to calculate will this investment be successful or not, and the influence of probability is significantly low. And vice versa with gambling, where house of edge and EV is always negative. The only way to invest in gambling is to open your own casino There are other investment option which is you can invest in the house that way you can become investors and not a gamblers if you will not play . There are just people that thinking that investment that double yourr money is a real deal investment and since gambling also give the same opportunity to double their money they think it is the same.
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Russlenat
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November 14, 2020, 08:29:47 AM |
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gambling is like business where people look to make more money from investing little money but most of them will get failed.
Gambling is nothing close to investment man, Your quote is fully wrong. In "investment" you're using analysis to calculate will this investment be successful or not, and the influence of probability is significantly low. And vice versa with gambling, where house of edge and EV is always negative. The only way to invest in gambling is to open your own casino There is other investment option which is you can invest in the house that way you can become investors and not a gamblers if you will not play . There are just people that thinking that investment that double yourr money is a real deal investment and since gambling also give the same opportunity to double their money they think it is the same. Investing in a house is not really attractive for investors who doesn't have a big capital, just imagine what you will make even if you invest $1,000 usd worth of bitcoin in a casino's bankroll when the bankroll is more than 100 btc, you will only get a little slice of the pie.
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Janation
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November 14, 2020, 10:53:11 AM |
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gambling is one of the funniest way for passing time. it's absolutely entertainment and not business (unless you are a poker pro player ) people that doesn't realize this difference are just playing in a nervous way, without enjoying the pleasure of a bets. I am glad to see the result of the poll it means that vast majority of players have the same idea about gambling Gambling sites here in cryptocurrency must be a habit only to any players who will enter it. They shouldn't take it as one of their vice wherein the end nothing will be left for them. Remember, when you gamble your money 95% is the average of losing rather than winning in the games whether it is casino or what. Not just here. It should be the same as those land-based casinos and other gambling sites, not just with online crypto gambling sites. Another thing is it shouldn't be a habit, it could still turn to addiction as it is halfway into that. It should just be a way to pass time, a way to have fun without interest in winning a lot of money.
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Ziskinberg
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November 14, 2020, 11:02:58 AM |
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It should just be a way to pass time, a way to have fun without interest in winning a lot of money.
If you are serious with gambling, you'll never think of that as your pass time, less focus means less opportunity to win. Haven't your tried to convince yourself to be serious in gambling? Of course these are the gambling games where we can improve and use our skills, like poker or sports betting.
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iamsheikhadil
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November 14, 2020, 05:28:40 PM |
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obviously gambling is not fun and entertainment already for a long time,is a business a method of earning where the best, the truly experienced ones can earn a lot and turn it into their main occupation and main financial income
Nah, not at all. But having experience can help and make you mature to deal with losses and having financial responsibilities. When I started with gambling I used to blow up money which I urgently needed for stuffs. But then I started to pay more attention and gambled only when I really felt tempted to. Not blowing away money kept for emergencies.
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BITCOIN4X
Legendary
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November 14, 2020, 05:35:37 PM |
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Everyone has the right to determine what is the goal of gambling, our goal can be the same and it could be different but I can say that most of us gamble for the sake of winning a little money. We can still deny that the purpose of gambling is for fun, but the truth is that winning some money is the end goal of fun.
But I never thought gambling was the best place to make money consistently because it probably won't be. Therefore I can still accept that losing at gambling is normal and winning is part of the luck. Most gambler are out of luck in the end, but gambling will continue to exist forever even though we know what the worst effect are.
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RokokGudangGaram
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November 14, 2020, 05:47:10 PM |
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obviously gambling is not fun and entertainment already for a long time,is a business a method of earning where the best, the truly experienced ones can earn a lot and turn it into their main occupation and main financial income
Not true at all even if you are a veteran gambler you can still find fun and excitement in gambling especially on the sports betting since if you place a bet and of course you will watch the match it would give you entertainment and fun maybe it's just a matter of perspective.
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mersal
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Activity: 1204
Merit: 38
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November 14, 2020, 06:02:03 PM |
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obviously gambling is not fun and entertainment already for a long time,is a business a method of earning where the best, the truly experienced ones can earn a lot and turn it into their main occupation and main financial income
Can you say how much experience really needed in gambling field to earn a lot as you are suggesting. People have gambling as their main activities but it doesn't make it as their main income, they might have other sources of passive income so they keep playing and nit worrying about the money need for survival.
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