Gamblers understood the game

[Eternad]

I agree to the idea that it is better to bring in gamblers to crypto than investors. Both do understand taking risks but more is with the gamblers and they are far behind the investors. But I think that both of them have their own ways of tackling problems and ideas especially with the gamblers. Since they are easy to take wins and losses, when it comes to risks they will just probably ignore it and might not think of that much.

Investors do also think like that but they are more conservative and always do things like taking calculated risks because they are conscious with their growth and their sole purpose is to grow money and not to gamble with it.

Understanding risk is easy to do even for investors because investment has a lot of risk to take. There’s different type of investors which some of them are aggressive while the one you are describing are the passive type investors.

Gamblers are usually reckless because they don’t consider risk factor as important matter since they mostly rely on luck. My belief is opposite than yours since inviting gamblers to crypto will just make them more exposed to risk since crypto is too volatile. They might suffer much terrible loss even if they know well how risk work in crypto. Understanding and implementing is two different subject that gamblers usually failed to implement on their decision making.

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[o48o]

How many times have you successfully invited some gamblers to online casino? What is your experience doing so? I know many will find this hard to believe but I kinda prefer bringing in gamblers than investors into crypto, why? They understood the risk already, there is no talk and talk over again, there is no dealing with someone fear and confidence..

I have successfully brought in four people into crypto gambling, and it was the easiest thing ever, they came asking if it's possible to use crypto for gambling and I said yes, but I told them that I am not ready to introduce any platform for anyone, but these guys then showed me there past gambles on a local website that only accept Fiat, that's when I got soft with them and I showed them the websites I use for gambling.

The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

You can compare them, but at the closer look, putting them in the same category falls apart. Some forms of buying / investing in cryptos resemble gambling, but gambling has very different rules to investing, or even to crypto investing. I sometimes jokingly say it's like gambling, but there's no absolute math to rely on. On the markets anything can happen. Everything depends on your reaction times, luck and skills. There's no limit how much you can win, nor there's any limit how much you can lose. It's harder to exclude yourself and you will burn out quickly if you keep on watching everything and have an alert on everything.

Most of the time trading / investing is boring compared to gambling, and it can be very stressful as well. Gambling on the other hand is a way to relax. Obviously investing can be fun too and when done on right circumstances it can be very profitable way of life. But as i said. It can take a toll when someone makes it a full time hobby / job

[coinerer]

Yes, let them come to us and ask about gambling rather than us telling them because this has serious consequences for us. Perhaps that person doesn't have good self-control, so if we talk about gambling, they could become addicted to gambling. But when they come to us and ask to explain their gambling games, we can explain that gambling requires self-control. If they can accept all the consequences, we can show them the gambling game and let them choose the gambling game. Maybe we can look after him while he is gambling and always remind him that gambling requires responsibility and self-control.

I myself rarely talk about slots games to people around me who are talking about it. I choose to just listen on topic, and not speak anything before they asked to me. But I agree to remind them to be in control, because I myself have experienced losing control when playing slots, and it is really bad. If someone asks about a good game with an attractive RTP, I can just say, "don't trust the RTP percentage too much. If you're really curious, please search on Twitch, maybe you can find the answer." because I don't want to be seen as inviting them to play. I avoided it a bit, so that I would have a reason not to be blamed.  

Me too. I am very less used to slots games.  And I don't like slots games because prediction doesn't work well here. Now Win is completely dependent on luck. I  you have good luck then you can win here and if not then you have to face only loss.  So I think games that cannot be won by prediction should always be avoided. I've lost almost every time I've played slots. Sometimes I read stories here about someone winning millions of dollars from slots, it's nice to read them but I couldn't face them myself

[Volgastallion]

The 80% of the people who gamble in casinos dont understand anything, they dont know any clue in any game, they only play and play and play, i can see a lot of guys walking on casinos sitting on slots, without knowing if that slot is high or low paying or is it have payed features etc.

[Publictalk792]

The 80% of the people who gamble in casinos dont understand anything, they dont know any clue in any game, they only play and play and play, i can see a lot of guys walking on casinos sitting on slots, without knowing if that slot is high or low paying or is it have payed features etc.

Many people who go to casinos do not know much about the games they play. They just go there to have some fun. Casinos are a place where people go to enjoy themselves and try their luck. Some people are new to gambling and do not know a lot about the games but they still want to have a good time. Casinos welcome all kinds of players and their different interests. Different people have different reasons to go in Casinos. Some of them go for making money. As I mentioned or some go to test their luck.

[shivansps]

I really like the example in which one person asks how much money is needed to have $1 million in crypto in his account, and the second person answers that two million is enough.
I don’t know what kind of people can confidently enter the crypto world to double their capital, especially in gambling. This is a mystery to me. Such people are most likely not secure in their financial security.
And the fact that you don’t give specific advice and websites is, at least at first, good.

[bitvalak]

How many times have you successfully invited some gamblers to online casino? What is your experience doing so? I know many will find this hard to believe but I kinda prefer bringing in gamblers than investors into crypto, why? They understood the risk already, there is no talk and talk over again, there is no dealing with someone fear and confidence..

I have successfully brought in four people into crypto gambling, and it was the easiest thing ever, they came asking if it's possible to use crypto for gambling and I said yes, but I told them that I am not ready to introduce any platform for anyone, but these guys then showed me there past gambles on a local website that only accept Fiat, that's when I got soft with them and I showed them the websites I use for gambling.

The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

There are several friends, maybe around 7-8 people who I have invited to play at online casinos. And they like it because it can be done anywhere without having to go to offline casinos.
But there is an interesting thing, namely that they feel they can express whatever they want when playing, whether they are winning or losing.
This is impossible to do in offline casinos, because security can drag you out because they are considered disturbing the game.

But I have to admit, they have a better mentality because they have often experienced defeat. That has become normal and normal. In line with your statement.
They don't feel burdened when they win or lose, this factor also makes it easier for them to adapt to online casinos.

[Antotena]

I have successfully brought in four people into crypto gambling, and it was the easiest thing ever, they came asking if it's possible to use crypto for gambling and I said yes, but I told them that I am not ready to introduce any platform for anyone, but these guys then showed me there past gambles on a local website that only accept Fiat, that's when I got soft with them and I showed them the websites I use for gambling.

The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

Most likely, they sport bettors. There is no two side to making money in betting, when you wager bitcoin, stablecoin or fiat with the same amount and the same odds, it's going tonhive you the same outcome. If you lose, you lose the type of assets you bets with and if you win, the assets you used will multiply and if the casino offer some bonus, you will get that as well. I don't understand why they are also eager to gamble on crypto when they have absolutely no skills in winning bets, waste of time and resources if you ask me.

If they have nothing been winning much, why continue betting in the first place or they have so much to waste is the reason why they continue betting. A sane person that value his money will take time to go through his bets history, if he has been making loss, he will try and make ammends in places that are very necessary and also improve the skilss but your friends are after quick money. If they continue like this, they will get addicted and end broke.

[klidex]

~snip~

if they have ever gambled or are currently actively gambling, we no longer invite them. Gambling sharing is a commons, if we already know that the person is an active gambler, this situation is similar with our discussion here in this forum. If they ask about the game, I can give any explanations as far as he is a active gambler. But I personally would not suggest any games and would not ask him to try the games let he doing by himself, because after all I would feel bad if I suggested a games and caused that person to lose, even though he was playing with conscience and own responsibility.

In my opinion, giving an understanding about gambling to our friends is a natural thing because fellow friends of course we share knowledge if we know the type of game, and if you decide to just give an explanation without having to tell them not to gamble on the game you told them about, that is your right but you don't have the right to tell him not to use the game in the type of gambling you explained because your friend is the one who make his own decision, namely deciding whether to play or not. You shouldn't be blamed by your friends because your goal is only to explain the game without telling him to playing, if your friend blames you for losing in the game, you can blame him again because you didn't force him to gamble because you only told him and only explained it.

[Jody.Drummer]

~snip~

if they have ever gambled or are currently actively gambling, we no longer invite them. Gambling sharing is a commons, if we already know that the person is an active gambler, this situation is similar with our discussion here in this forum. If they ask about the game, I can give any explanations as far as he is a active gambler. But I personally would not suggest any games and would not ask him to try the games let he doing by himself, because after all I would feel bad if I suggested a games and caused that person to lose, even though he was playing with conscience and own responsibility.

In my opinion, giving an understanding about gambling to our friends is a natural thing because fellow friends of course we share knowledge if we know the type of game, and if you decide to just give an explanation without having to tell them not to gamble on the game you told them about, that is your right but you don't have the right to tell him not to use the game in the type of gambling you explained because your friend is the one who make his own decision, namely deciding whether to play or not. You shouldn't be blamed by your friends because your goal is only to explain the game without telling him to playing, if your friend blames you for losing in the game, you can blame him again because you didn't force him to gamble because you only told him and only explained it.

True, however such things are natural and cannot be denied if the situation is friends or know each other or even very close, although basically this is a bad or negative activity but yes maybe it is not strange if it happens in a friendship relationship, fellow friends especially they are friends who are very close to us then honestly for myself maybe I would not mind at all to introduce something like a new type of game in gambling, but maybe I would only tell how the game works and without forcing them to play there especially by telling to put a large amount.

So the point is that it is better to explain what they want and without us telling and encouraging them to play intentionally and without them asking, as you said it is very true for the problem of whether they will get involved in the new game or not all of that is really their own choice, this action will be very useful to minimize accusations that should not need to happen, and if something like that happens then obviously I think the incident will very likely disrupt our friendship with him. So if there really is a best move then there is no need to choose something that will later become a problem.

[masulum]

Me too. I am very less used to slots games.  And I don't like slots games because prediction doesn't work well here. Now Win is completely dependent on luck. I  you have good luck then you can win here and if not then you have to face only loss.  So I think games that cannot be won by prediction should always be avoided. I've lost almost every time I've played slots. Sometimes I read stories here about someone winning millions of dollars from slots, it's nice to read them but I couldn't face them myself

What we face is different, I rarely gamble on sports. I actually played slots a few years ago, and I was very active. So, I understand when my friends talk about Zeus, jackpots and so on. But, I just listened. Sometimes I tell my friends about the loss experiences gainedfrom member on this forum. Because maybe there is a lesson they can take.

In my opinion, giving an understanding about gambling to our friends is a natural thing because fellow friends of course we share knowledge if we know the type of game, and if you decide to just give an explanation without having to tell them not to gamble on the game you told them about, that is your right but you don't have the right to tell him not to use the game in the type of gambling you explained because your friend is the one who make his own decision, namely deciding whether to play or not. You shouldn't be blamed by your friends because your goal is only to explain the game without telling him to playing, if your friend blames you for losing in the game, you can blame him again because you didn't force him to gamble because you only told him and only explained it.

Of course, as I said before, sharing about gambling is common sense, but I choose not to discuss it for too long, because even though I never ask them to play, when they play and lose, there will be a guilty conscience in me, coz talking about the game. Of course this is the responsibility of those who lose, however, it is not impossible if one of them thinks I have influenced them to play. Therefore, listening more, talk less, for me is the best. Because, the way gamblers think here, is no better than member on this forum. On this forum, a lot of gambler already understand that gambling is for fun, but here it's mostly to get money, profit, instant jackpots. 

[danadc]

I really like the example in which one person asks how much money is needed to have $1 million in crypto in his account, and the second person answers that two million is enough.
I don’t know what kind of people can confidently enter the crypto world to double their capital, especially in gambling. This is a mystery to me. Such people are most likely not secure in their financial security.
And the fact that you don’t give specific advice and websites is, at least at first, good.

A gambler who enters a casino for profit is the most likely to fail, everything is known that a casino is not a charitable organization that the more money they give you Deposits they will make the Investor that account grow , that's what What they are Looking for is to win , and not make people lose, it is something normal that companies always have to do Things to Generate money in other ways, for example when you have things in the world like a casino that I said offers many options. to win with the bonuses, if there are any , but it is Known that the casinos do not launch Anything Without having first studied the fact that they are going to win more than they will lose , that is Something they have to see, that is why when a player settles in a casino He takes Everything into Account or makes him Win , taking into Account that if he loses more , then he gets angry.

A person who believes that he is going to make a lot of money in a Casino is most likely to lose all his wealth, because he is going Through the motions, already living with mental stress, and that makes him feel in the Middle of the game Because he loses , it's Simple , it's the Emotions that are that they play.

[maydna]

~snip~

I myself rarely talk about slots games to people around me who are talking about it. I choose to just listen on topic, and not speak anything before they asked to me. But I agree to remind them to be in control, because I myself have experienced losing control when playing slots, and it is really bad. If someone asks about a good game with an attractive RTP, I can just say, "don't trust the RTP percentage too much. If you're really curious, please search on Twitch, maybe you can find the answer." because I don't want to be seen as inviting them to play. I avoided it a bit, so that I would have a reason not to be blamed.  

Many people have experienced a loss of control when playing slots, and it cannot be denied. We play slots because we want to get wins from big multipliers, but it won't be easy, and we can only get it if we have great luck. I also don't choose slot games based on RTP because that can change, and it's better to choose the slot game itself. Your reason is acceptable because what you say is true. We don't want to be blamed if we are seen inviting them to play a slot game. Even though we know that winning slot games requires luck, so don't let us be blamed just because we invited them to play a slot game.

[usekevin]

Understanding risk is easy to do even for investors because investment has a lot of risk to take. There’s different type of investors which some of them are aggressive while the one you are describing are the passive type investors.

Gamblers are usually reckless because they don’t consider risk factor as important matter since they mostly rely on luck. My belief is opposite than yours since inviting gamblers to crypto will just make them more exposed to risk since crypto is too volatile. They might suffer much terrible loss even if they know well how risk work in crypto. Understanding and implementing is two different subject that gamblers usually failed to implement on their decision making.

The risk is possible one in both the investment and the gambling industry.If you have come across the same situation in the gambling,it mean you are growing to the next level.Some problems will come in the life and the gambling play,but we need to be more patient to solve it.The gamblers who had enough knowledge in the gambling alone can earn more money from the gambling business.Gambling site always give the open gate for the experienced people and also allow them to earn the money from it.The new gamblers always loss their trust in the game after the loss.But the gamblers who have enough experience know how to handle the loss in the gambling site.

Many people have experienced a loss of control when playing slots, and it cannot be denied. We play slots because we want to get wins from big multipliers, but it won't be easy, and we can only get it if we have great luck. I also don't choose slot games based on RTP because that can change, and it's better to choose the slot game itself. Your reason is acceptable because what you say is true. We don't want to be blamed if we are seen inviting them to play a slot game. Even though we know that winning slot games requires luck, so don't let us be blamed just because we invited them to play a slot game.

The slots and casino games was based on the fact that we should quit the game after the winning some dollars.The gamblers who had experienced in the casino games know this fact.The longer duration of playing casino will leads to loss in the casino game,So kindly avoid of longer duration play.

[taufik123]

Many people have experienced a loss of control when playing slots, and it cannot be denied. We play slots because we want to get wins from big multipliers, but it won't be easy, and we can only get it if we have great luck. I also don't choose slot games based on RTP because that can change, and it's better to choose the slot game itself.

I don't even have any control on the Slot game, it's like playing without pauses and without thinking about anything.
Playing slots doesn't bring me any profit, it's just entertainment and only a little money I allocate to slots.
spin, spin, spin and nothing else but that.

Expecting big luck like getting scatters and big jackpots will be very rare.
Even when funds are almost, no jackpot whatsoever has been obtained.

We don't want to be blamed if we are seen inviting them to play a slot game. Even though we know that winning slot games requires luck, so don't let us be blamed just because we invited them to play a slot game.

Never invite others to play slots or other gambling when they do not understand and understand what they are playing.
I even prefer to do sports betting because it's more about analysis and how to do betting strategies.

[passwordnow]

~snip

Understanding risk is easy to do even for investors because investment has a lot of risk to take. There’s different type of investors which some of them are aggressive while the one you are describing are the passive type investors.

Gamblers are usually reckless because they don’t consider risk factor as important matter since they mostly rely on luck. My belief is opposite than yours since inviting gamblers to crypto will just make them more exposed to risk since crypto is too volatile. They might suffer much terrible loss even if they know well how risk work in crypto.

There is the different approach from an investor and from a gambler's POV. Both are risk takers but most of the investors are too delicate with their choices and all they want to do is to make money carefully while gamblers also want to make money but they're taking more risks. That's why the OP is correct in saying about these things and that's what we can rely on if we're talking to someone. But it doesn't mean that we have to fully be dependent on it because we've got our own ways of determining them as well.

Understanding and implementing is two different subject that gamblers usually failed to implement on their decision making.

Not just gamblers but for everybody. When we're understanding something and we try to execute it into thinking that it can be implemented easily to ourselves, that's where we are doing it wrong. And those decisions aren't going to what they used to be because what we're expecting is a different thing.

[Accardo]

I really like the example in which one person asks how much money is needed to have $1 million in crypto in his account, and the second person answers that two million is enough.
I don’t know what kind of people can confidently enter the crypto world to double their capital, especially in gambling. This is a mystery to me. Such people are most likely not secure in their financial security.
And the fact that you don’t give specific advice and websites is, at least at first, good.

A gambler who enters a casino for profit is the most likely to fail, everything is known that a casino is not a charitable organization that the more money they give you Deposits they will make the Investor that account grow , that's what What they are Looking for is to win , and not make people lose, it is something normal that companies always have to do Things to Generate money in other ways, for example when you have things in the world like a casino that I said offers many options. to win with the bonuses, if there are any , but it is Known that the casinos do not launch Anything Without having first studied the fact that they are going to win more than they will lose , that is Something they have to see, that is why when a player settles in a casino He takes Everything into Account or makes him Win , taking into Account that if he loses more , then he gets angry.

A person who believes that he is going to make a lot of money in a Casino is most likely to lose all his wealth, because he is going Through the motions, already living with mental stress, and that makes him feel in the Middle of the game Because he loses , it's Simple , it's the Emotions that are that they play.

The OP had a nice suggestion of not being responsible for the platform his friend would gamble on. Though it's right, for the sake of not later being blamed, his friend could gamble in the wrong casino. It would be better if he made a list of good and quality casinos, and then let them choose. There would be nothing to bother about the people he attracted to crypto gambling having some problem gambling since they've been gambling for a long period. The only difference is that those people gambled with fiat. However, they keep on losing more than winning, because of the aim of winning big money through gambling. This has been the main reason why most gamblers face lots of losses in gambling. The casino has to earn from the gamblers and also play with their intelligence by rewarding some money in the process. Enabling or pushing the gambler to stake more money, hoping to win bigger. So, the brain gets caught up in the process, and enjoys the process and the player won't be able to stop until his money gets exhausted.

The pain only affects him emotionally and causes the gambler mental stress, as you said, Danadc. Enlightening gamblers on the bad effects of going for money as a primary aim in gambling should be the first approach for people we attract to use crypto casinos. So, they won't continue to lose more money in the process, of gambling in using crypto. Because if the gambler is not attended to, they will keep on repeating the same mistakes, which only pisses them off, but they claim all is fine. Since they'll be winning soon, the money now sounds like an investment to the gambler. And he wouldn't bother about it anymore. Losing now gets normal and the gambler neglects the fact he keeps running short on funds. Their addiction begins to creep in and the person would have to pay more in stress and anxiety for not staying attentive to the reactions he felt while losing money in his early stages of gambling. I'd suggest that Op also talk to his friends to minimize the losing rate, by managing their time and money when gambling.

[maydna]

~snip~

The slots and casino games was based on the fact that we should quit the game after the winning some dollars.The gamblers who had experienced in the casino games know this fact.The longer duration of playing casino will leads to loss in the casino game,So kindly avoid of longer duration play.

If we can win, we really have to leave the casino to enjoy the moment of the win. But the problem is that many gamblers lose and do not end their gambling game but are even more eager to recover their losses. That is a mistake because by continuing to gamble, they have agreed to accept all the results they receive at the end of the gambling game. We have to understand the gambling game to avoid losing a lot.

~snip~

I don't even have any control on the Slot game, it's like playing without pauses and without thinking about anything.
Playing slots doesn't bring me any profit, it's just entertainment and only a little money I allocate to slots.
spin, spin, spin and nothing else but that.

Expecting big luck like getting scatters and big jackpots will be very rare.
Even when funds are almost, no jackpot whatsoever has been obtained.

You are right because I also feel the same way. But I still play slot games sometimes because, for some reason, I want to see other slot games that I've never played.

But I only use the minimum bet so that it doesn't cause huge losses for me. I am happy because I can still control myself by not increasing the bet amount or not playing slots longer than usual. Getting great luck is a gift that can give us big wins. Unfortunately, only a few gamblers can get it, while others have to swallow the bitter pill.

~snip~

Never invite others to play slots or other gambling when they do not understand and understand what they are playing.
I even prefer to do sports betting because it's more about analysis and how to do betting strategies.

No, I never invite other people to play slots because I know the risks are greater. I always play slots when I'm free and alone because that's when I don't have anything else to do. So far, it's still going well, and I'm still enjoying it, even though I often experience loss. I also don't chase wins and want to fill my free time.

[Popkon6]

How many times have you successfully invited some gamblers to online casino? What is your experience doing so? I know many will find this hard to believe but I kinda prefer bringing in gamblers than investors into crypto, why? They understood the risk already, there is no talk and talk over again, there is no dealing with someone fear and confidence..

I have successfully brought in four people into crypto gambling, and it was the easiest thing ever, they came asking if it's possible to use crypto for gambling and I said yes, but I told them that I am not ready to introduce any platform for anyone, but these guys then showed me there past gambles on a local website that only accept Fiat, that's when I got soft with them and I showed them the websites I use for gambling.

The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

I have only convinced one person to gamble, he usually likes to gamble with jackpots. He said if I ever win then definitely expect huge benefits. So he has been gambling for the jackpot till now but has yet to win his fortune. But many have lost their wealth just to get the jackpot.