Gamblers lose more money than win.

[Oceat]

It isn't the first time that someone knows it, gambling owners are making lots of profit from the people. Greediness is one of the reasons why there's a lot of people suffering from more losses than winning. Gambling is designed for entertainment purposes only if someone is thinking to make gambling as a source of income then he will expect the risk of losing more money in the process than winning. So in the long run casinos are still the one gaining the advantage.

[VivGaming]

Gambling is biggest industry and its works for millions too many peoples lost and very few win mean they have some good profit which helps them to sponsor too many events and players so its true if this all not happend then we not able to have many events and good players so this all is going for better and its nature someone win other losing in this mostly loses happen more then wins is not unusual.

[deadthings]

Ultimately, a casino or gambling site will always benefit. You have a large group of losers, and also a group of winners. No one is forcing you to gamble, it is your own choice.
It is better to start with small bets and then increase if you have more experience.

[Poker Player]

It is clear that casino games are EV - and that problem gamblers can lose a lot it is also true that the vast majority of players are recreational gamblers who have no problem with gambling.

However, I find it disgusting that casinos use tricks to hook people and make them gamble more because they are making problem gamblers fall even deeper into their hole.

[fiulpro]

There are gamblers which are actually winning a lot and some of them are taking it professionally. You should understand for a fact that these are the tactics that the gambling industry uses. These kind of things are halted to a certain extent when we are using the online casinos.

The vibrant colors
The free food
The encashing machine too inside the casino that you are tempted to go for another round
Small small winnings after a series of losses

These kind of things are very common and therefore you have to understand for a fact that the industry uses your senses to make money : smell , sight , mind , music , taste , drinks , they all make you incapable of of making good decisions.

But if you study about it and if you are well informed then for sure you can win the game ! It's not a universal rule that you will loose.

https://youtu.be/_h76gu9rQLQ

This is a very interesting video for me ' try and watch it for learning the facts.

[dimonstration]

Casinos are business and they will continue to make money every gambler plays. People think they can beat Casinos but rather they are victims of their greed, the feeling that you had already won but your not contented then you want to gamble more hoping to multiply you winnings but it in the end you’ve just lost it all.

It's everyone's weak spot when it comes in gambling, once we win we tend to try to play more to see if we will be able to acquire more winnings that somehow will soon to be a loss, worst all the money deposited will be lost. It's a reality in gambling that many are greedy and only few who are discipline will only have the advantage to win against the house.

[Hamphser]

It is clear that casino games are EV - and that problem gamblers can lose a lot it is also true that the vast majority of players are recreational gamblers who have no problem with gambling.

However, I find it disgusting that casinos use tricks to hook people and make them gamble more because they are making problem gamblers fall even deeper into their hole.

And that what make them profitable and to know that this is a business then its just normal for them to do all sorts of things to hook up customers no matter what
and actually this is really just for entertainment purposes but people do tend to go overboard when it comes into their habit on playing with it.
You would really become addicted if you do let yourself play too much into this which you would really need to have some control so that you wont really have any problems.

Gamblers do lose more than win because of house edge but there are still some lucky fellas who do able to snatch out some serious win
but in the end of the line they do lost all of those winnings back to the house itself specially if their greediness calls out.

[wxa7115]

IT is a faulty thinking walking with belief that everyday gamblers leave card table or slot machine smiling, the opposite happens some days.

Wide range of studies reveals that gambling is not that simple, it encompasses both sorrow and joy. Truth is stubborn a lot of gamblers have suffered great loss, ranging from monetary value to real estate. Why gamblers lose more money than win?

I really think that this is just common sense really, the only times a gambler leaves the casino with a smile is when he has won some money or when he had such a great time that a small loss doesn't really bother him, but the rest of the time you're going to be mad because no one likes to lose and how mad and how depressed you are after you leave the casino is proportional with how much money you lost in that day.

Failure-To-Walk-Away: Gamblers spirit failure to walk away after win game, instead bet further with hope of more wins until the won money is finished. In 2009 survey findings by researchers from University of Stanford in California, found that around 92% of people who do casino gambling are addicted.

I really think this is the main reason why gamblers lose more money than what they would have liked, when they make the realization about all the money that they have lost in that casino instead of just having a desire to leave and accept their losses many have the opposite reaction and they want to recover some or all of the money that they have lost over the years, which as we know it's impossible, which makes them lose even more money in the process.

[Ryker1]

Well, that is the fact that gamblers have high losses than they won in gambling. But I think does not matter, as long as you are happy and have fun playing gambling, everything will fine with you. If I am a regular gambler, I will count my losses if how much it is --instead, count the amount that I won while gambling. However, counting losses will perhaps make you stress or depress that will trigger you to chase your losses. Just be it, gamble with fun, and don't think gambling is your source of income that you must be chase every loss you had.

[Oilacris]

It isn't the first time that someone knows it, gambling owners are making lots of profit from the people. Greediness is one of the reasons why there's a lot of people suffering from more losses than winning. Gambling is designed for entertainment purposes only if someone is thinking to make gambling as a source of income then he will expect the risk of losing more money in the process than winning. So in the long run casinos are still the one gaining the advantage.

Gambling wont be a profitable business if people arent greedy thats why those people who do invest into this business will really most likely to earn profit
due to this reason.

If we do try to look at on how many sites are existing nowadays or businesses neither online or offline then you can really tell that theres soo much
demand on it and generating millions of revenue.

This is why its pretty common that lots of people are losing because it give lots of profits to those who do built this kind of business
and also with the common line "HOUSE DO ALWAYS WIN".

[peter0425]

IT is a faulty thinking walking with belief that everyday gamblers leave card table or slot machine smiling, the opposite happens some days.

You can count in Hands those people from Casino that goes out smiling because majority of people are in bad mood as they are all losers.

Wide range of studies reveals that gambling is not that simple, it encompasses both sorrow and joy. Truth is stubborn a lot of gamblers have suffered great loss, ranging from monetary value to real estate. Why gamblers lose more money than win?

I disagree,because gambling reflect depend on how we are dealing with this,If you are playing with the sole reason of wanted to win or even to become millionaire then there will be sorrow.

[Fredomago]

Ultimately, a casino or gambling site will always benefit. You have a large group of losers, and also a group of winners. No one is forcing you to gamble, it is your own choice.
It is better to start with small bets and then increase if you have more experience.

Having that advantage casino owners really taking a huge amount of profits. Gamblers only realized that they've only lose huge amount of money once they've seen that there's nothing left from their savings. Most they've forgot that the entertainment part is no longer effective since they've trying to recover all those money that they've spent while playing.

Only small portions of those so called pro who can move away from the house and have satisfying profits that they can enjoy, more on losing gamblers who are still thinking that coming back the next day will bring the evrything back just to realized that doing it from time to time makes them more addicted and lose more and more.

[qwertyup23]

Oh that is true! Gamblers lose more money in the process especially if you continue this habit in the long-term.

What I usually mention in similar threads like these is the so called "gambler's illusion." This usually starts when a person gambles and he suffered a loss. After experiencing such loss, the person will attempt to recover his losses thru gambling again his resources. He will not stop until he recovers or if he has exhaust all of his money. If, in the event that he recovered his losses, he will MOST likely gamble again and then the cycle continues from there.

I just hope that people who gamble have the discipline and self-control regardless of their result in the casino. Money is indeed tempting but it has the potential of destroying your lives completely if you get blinded with such fact.

[seleme]

These arguments are based on the experience of gamblers and have been eliminated by master psychologists after taking listening to thousands of gamblers. Greed and fear are two main drivers of human emotions, so it is essential to get rid of emotional decisions during making bets. The free drinks are just bonuses and this is not a big deal compared to what kind of turnover the casino pit bosses contorls.

[abel1337]

Ultimately, a casino or gambling site will always benefit. You have a large group of losers, and also a group of winners. No one is forcing you to gamble, it is your own choice.
It is better to start with small bets and then increase if you have more experience.

Having that advantage casino owners really taking a huge amount of profits. Gamblers only realized that they've only lose huge amount of money once they've seen that there's nothing left from their savings. Most they've forgot that the entertainment part is no longer effective since they've trying to recover all those money that they've spent while playing.

Only small portions of those so called pro who can move away from the house and have satisfying profits that they can enjoy, more on losing gamblers who are still thinking that coming back the next day will bring the evrything back just to realized that doing it from time to time makes them more addicted and lose more and more.

Casinos won't be famous and won't stand in a long time if they will just keep loosing money from gamblers, Casinos know that it is a profitable business and we know that casinos pay taxes and depending on the state or country it could be a large amount of tax. Casinos want their gamblers to spend a long time with the casino because they are confident that the house will always gain profit from their players. We can say that gamblers on average lose money more than winning and we can't do about that because we know that there are people who got debt and lives ruin because of gambling, The one who gain knowledge and experience and has plenty of luck survives and become the opposite of the most common gamblers.

[bitterguy28]

Gambling is indeed taking our money but you know what is the sad part there?WE ARE THE WILLING VICTIMS lol.

After losing and losing each time yet coming back to try Luck again,i don't know if this is a human nature or we are just stupid to understand things that may help us or not.

[fortunecrypto]

Ultimately, a casino or gambling site will always benefit. You have a large group of losers, and also a group of winners. No one is forcing you to gamble, it is your own choice.
It is better to start with small bets and then increase if you have more experience.

This is the fact that we should accept that majority of gamblers are losing and going to lose, it's business, they are here to offer entertainment and excitement on all their games, and the house edge will make sure that the house can sustain their operation.
The worse is if you have an attitude of thinking that you can beat the house, yes you can beat sometimes but never all the time, just gamble what you can afford to lose and you are good to go.

[Lorence.xD]

These arguments are based on the experience of gamblers and have been eliminated by master psychologists after taking listening to thousands of gamblers. Greed and fear are two main drivers of human emotions, so it is essential to get rid of emotional decisions during making bets. The free drinks are just bonuses and this is not a big deal compared to what kind of turnover the casino pit bosses contorls.

Greed and fear is just part of the psychological formula why people keep coming back to the casinos. The other is that they unconsciously want to break even or get some profit which is a fallacious. If you are an avid gambler, you can always graph what you spent on a day and there is a high chance that the graph might be experiencing a downward trend as it goes along the way.

[maydna]

What the title said is true. The gamblers lose more money than win, and many people trying to playing gambling longer will lose their money, and they will not have a big chance to recover their losing money. If the gamblers can't realize that they should treat gambling as the entertainment part of their life, they will not hold their money but will spend more and more money. The gamblers should use the money they can accept to lose because if they use too big funds to gamble and lose all of the capital, they can feel regret and disappointment.

The casino will always give the gamblers many things to make sure that they will stay longer in their place, so they can use more money to gamble. We need to aware of that, and we need to avoid staying in the casino for a long time. Many things that gamblers should have if they want to play gambling, but having control for themselves will be the important thing that they should have.

[lienfaye]

Its a sad fact, gamblers are losing their money more than winning. But despite of this, it didnt stop us from playing either for self satisfaction that we gamble or for the hope that we can somehow recover what we lost and hit the jackpot.

Regardless of the reason, gamblers are willing to take risk and ignore the fact that we can certainly lose our money.

It might because of the excitement that it can give when you're already playing. Nevertheless win or lose its our decision to gamble our money.