Gamblers lose more money than win.

[shoreno]

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.

casinos are not just a business but they also care for other people and to the economy of the country they are living because some of those casinos are donating money or cryptos to the people in need and also paying tax to the government properly and the rest of the earnings is thiers for them to keep .

 when a gambler win more than his capital he already beat a casino and if that is his only goal he must stop because playing in the long run is always in favor for the casinos .

[yazher]

We always chase our loses and we are greedy most of the time in gambling, which is so hard to stop. The casinos job is to entertain us but more importantly to collect money from us, and they have to invest on good machines, and a more elegant design so many will feel comfortable playing with them and we cannot blame them for that. If you really want to win in gambling, stop playing because as long as you play time will come for you to lose money.

That's right! people should consider playing moderately instead of going to play recklessly with their salary. In our place, they make it a habit to play every time they get their 15 days salary thinking that it will double their money. It didn't, instead, they lose it all and ended up getting some debt from the other people. This kind of mindset should be changed because it is unhealthy both for the player and his family. Only a few people can master such skills where they will stop themselves to play if they sense nothing is going right their way but most of the time, people who play are like the people above.

[coin-investor]

It's a fact that we cannot go against, the government allow this because they are getting taxes here and gambling casinos have a huge cost to operate, but it's not like we are giving our money for free, of course we have a change to get our money or even win, there are times that gambler beat the house edge the most important thing is we only gamble what we can afford to lose.

It's still a win win situation for all those involve in the industry, the operators, the government and the player this is one of the reason why online and physical gambling is thriving.

[Salauddin1994]

In the case of gamblers sports betting is easier to manage because most of the variables and information are publicly available and all you have to do to find the edge is a skill of situational constraint and we can generate it better. The reason gamblers lose money rather than win is that they lose everything if they want to make more money later in greed long term play is good for casinos but if you have little capital you have to learn from it and move on. It is foolish to bet without knowing anything making money in sports betting is a complete science win consistently and make a good profit you need to improve yourself regularly.

[Wawa2013]

I experienced it myself, several times the budget I provided for gambling was always running out. Indeed, sometimes I have also been
lucky to get big profits from gambling, but this is very rare. So it is a fact that gamblers have lost more than they have won. Therefore
we must be wise in playing gambling, always use the money that we can afford to lose. And we must know when to stop playing gambling.

[Alucard1]

Many gamblers usually lose the game than winning on it because most of the gambling game only have 1 winner and for sure there wouldn't be a gambling site or casino gambling that will live longer if there would many numbers of winners than losers because they will not earn money by that, they created that casino to earn money as well and they earn money from those gamblers who lose the game, imagine if there would be a casino gambling who will keep on working if they won't earn money anymore because of many winners in the game.

[TGD]

Many gamblers usually lose the game than winning on it because most of the gambling game only have 1 winner and for sure there wouldn't be a gambling site or casino gambling that will live longer if there would many numbers of winners than losers because they will not earn money by that, they created that casino to earn money as well and they earn money from those gamblers who lose the game, imagine if there would be a casino gambling who will keep on working if they won't earn money anymore because of many winners in the game.

You are pertaining to a PVP game on 1 winner or do you mean a battle of player to the casino itself? Casino get most of it profit from house edge because it's the only sure profit for them in all bets no matter what is the result, This is also the reason why most of the casino is still on this business because they can secure profit overtime as long as they have a huge a bank roll. In order to beat a casino, You should have a bank roll bigger than them because you will just lose when the game duration becomes longer due to human error that will take effect over time.

[Wexnident]

I'd actually be more surprised if gamblers won more money than they lost tbh. It's actually quite natural, since gambling is in a sense, paying for entertainment. The entertainment we mostly gain from gambling comes from mostly 10-20% games, and the rest is that "chance" of actually winning money. It's like the concept of "winning money" is entertainment, which is actually quite understandable tbh. It's like the concept of "winning" is the entertainment for most other games, especially competitive ones. Not really surprising why most people would consider winning money the biggest factor why people gamble.

Many gamblers usually lose the game than winning on it because most of the gambling game only have 1 winner and for sure there wouldn't be a gambling site or casino gambling that will live longer if there would many numbers of winners than losers because they will not earn money by that, they created that casino to earn money as well and they earn money from those gamblers who lose the game, imagine if there would be a casino gambling who will keep on working if they won't earn money anymore because of many winners in the game.

Not really? Even with multiple winners, casino would still win in the end. Ever heard of house edge? The only reason why casinos continue to run even with the multitude of people winning big amounts, other than the other side where a lot of people lose out a lot, is because of the existence of a house edge. You may judge it to be a small amount, but really it's pretty big, if you're still in doubt, look at how people actually won against casinos, it's not based on skill or luck, it's based on them asking the casino to remove house edge. This involved a bit of negotiation though, so it's a pretty rare case.

[Japinat]

Good one, this is the reality in gambling, not everyone loses money but more people are losing money, hence it makes casinos to operate more profitably. We should be aware of the reasons why gamblers loses more than they win, that would help us to minimize the risk in gambling.

With discipline and proper bankroll management, our journey will be shortened as in a short period of time, we will already lose a lot of money.

[carlisle1]

That's the fact that must be faced to every gamblers. If gamblers win more than the casino, there's no casino will survive since they were in bankrupt. Instead of house edge, provably fair system should be considered before start to gambling. If it's not really fair, then you could lose more than it does.

As if the Owners/operators of gambling sites will let this happen  They are the one who's running the system they will decide how much money can gamblers win and how much they can lose.
not until players learn that the more they push to win is the more the operators gaining money.
try to enjoy the game and put small amount each time we play.

[ethereumhunter]

Good one, this is the reality in gambling, not everyone loses money but more people are losing money, hence it makes casinos to operate more profitably. We should be aware of the reasons why gamblers loses more than they win, that would help us to minimize the risk in gambling.

With discipline and proper bankroll management, our journey will be shortened as in a short period of time, we will already lose a lot of money.

The more people lose their money, the casino will take the benefit, and they can grow their business and invite more gamblers to come to their places. Gamblers lose more because they are tempted by the prizes and the amount of money they can win, making them spend more money. It is why we always need to have control and minimize the risk of gambling, so we can avoid losing more money.

[Astvile]

And that is the reason why you shouldn't be gambling often, or gamble for the aims of profit. The house always win, there are no exception to that casinos let you win for your first time to bait you to roll more money and eventually drain your money specially on online gambling casinos. That is how casinos work, they are not built for us to profit they are built for them to profit from us.

[DevilSlayer]

It's a fact that we cannot go against, the government allow this because they are getting taxes here and gambling casinos have a huge cost to operate, but it's not like we are giving our money for free, of course we have a change to get our money or even win, there are times that gambler beat the house edge the most important thing is we only gamble what we can afford to lose.

It's still a win win situation for all those involve in the industry, the operators, the government and the player this is one of the reason why online and physical gambling is thriving.

If you think that you are a loser, then you are only proving that you are a loser. Huge casinos are really earning huge money because there are gamblers who are spending millions of dollars wherein it is okay for them even if they lose it. I'm not a big fish like other people and I'm just an ordinary gambler but I make sure that my plan and risk management are similar for those professional gamblers. Before, me and my family often playing in traditional casinos because it is our bonding where it can give us fun. I usually play slots at the beginning but it makes me tired and bored and it is the reason why I now prefer to join in table games. As a gambler, I understand that losing is part of the game so I do not put all of my money in just 1 game as part of risk management in order for me to not lose it in just once.

[swogerino]

I think that the study of 92% unfortunately is true.I have tried it myself.Even when I have won 2000x my initial bet which is a lot of money and should tell any gambler that now it is time to stop,I have still continued to play in hope of winning even bigger amounts which unfortunately led me into losing all the money.

[mirakal]

I think that the study of 92% unfortunately is true.I have tried it myself.Even when I have won 2000x my initial bet which is a lot of money and should tell any gambler that now it is time to stop,I have still continued to play in hope of winning even bigger amounts which unfortunately led me into losing all the money.

I'm not sure with the exact percentage but I'm sure majority of the gamblers really loses money.

What we do is, when we win, we still come back hoping we will win more, but since they have the edge, we will lose in the long run.
Winning are mostly short term, the long term game is for them most of the time.

If we also are losing, same thing, we still come back hoping we can get back our loses, but instead of winning, we even lose more.

[EdenHazard]

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.

Yeah pretty easy to guess , just look at the statistics that most of gamblers ended with a lot of debt .. as they losing more and more but instead to quit they are believe in themselves that they could recover everything one day so they keep going and even taking a loan for once, twice and often happened this type of gamble would take loan to everyone around them , this is a sign of crazy addiction, could and actually proven it's mostly ruined your whole life. Better to end the game with zero rather ended it with negative.

So what should we do in gambling? Be responsible! That’s it.

[ReiMomo]

I think that the study of 92% unfortunately is true.I have tried it myself.Even when I have won 2000x my initial bet which is a lot of money and should tell any gambler that now it is time to stop,I have still continued to play in hope of winning even bigger amounts which unfortunately led me into losing all the money.

That's sad but true, for most gamblers suffer from this reality regardless of who you are. Gamblers chase their losses and crave for additional winnings, these are the main factor why people get addicted to gambling. It is easy to say that we can manage our gambling routine but the mere fact that we say so yet continue doing it no matter how much is the amount that we spend on our bets still we are already hooked on gambling.

That's why always gamble on what you can afford to lose. Never treat gambling as one of the sources of income that you always wanted to make money. Sometimes it will come up our mind to chase losses.

[Ziskinberg]

That's why always gamble on what you can afford to lose. Never treat gambling as one of the sources of income that you always wanted to make money. Sometimes it will come up our mind to chase losses.

Actually you can still gamble what you can afford to lose even if you treat gambling as a source of income, it's even positive as in yourself you believe that you can make it, but just like any venture, business or gambling, you either win or lose since you are taking the risk.

[finaleshot2016]

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.

casinos are not just a business but they also care for other people and to the economy of the country they are living because some of those casinos are donating money or cryptos to the people in need and also paying tax to the government properly and the rest of the earnings is thiers for them to keep .

 when a gambler win more than his capital he already beat a casino and if that is his only goal he must stop because playing in the long run is always in favor for the casinos .

Long run mentality should be more in entertainment, don't think casino as a money-making work is not a good idea. It'll definitely lose you more money and more time being wasted without earning. I agree that casino isn't just a business that purposely grabs the gambler's money, they're big contributors in the economy and also helps to develop our society.

We are losing money because it's our fault, casinos aren't the one who should blame for our actions. As long as there is greed on your heart, it will definitely destroy you, be contented that you're already enjoying the game, that's why it's created for.

[Japinat]

Good one, this is the reality in gambling, not everyone loses money but more people are losing money, hence it makes casinos to operate more profitably. We should be aware of the reasons why gamblers loses more than they win, that would help us to minimize the risk in gambling.

With discipline and proper bankroll management, our journey will be shortened as in a short period of time, we will already lose a lot of money.

The more people lose their money, the casino will take the benefit, and they can grow their business and invite more gamblers to come to their places. Gamblers lose more because they are tempted by the prizes and the amount of money they can win, making them spend more money. It is why we always need to have control and minimize the risk of gambling, so we can avoid losing more money.

Losing money as long as we can afford is okay, every gambler has their own financial capacity, if I'm a billionaire and I love gambling, I'm okay with losing million because I'm sure I can afford what I'm gambling, I just need to make sure I'm responsible enough not to lose control.

Casinos making money is not a bad thing as that means they are doing their business very well and though their income is coming from the money of the losers in gambling, but the entertainment and the fun they gave is just worth to be paid coming from our expenses as a gambler.

Gamblers won't complain because in the first place they know they either win or lose.