Gamblers lose more money than win.

[Vishnu.Reang]

Obviously with the house advantage, the probability that the gambler may end up in profit is less than 50%. Some gamblers may end up with a percentage higher than 50%, but it is purely due to their luck. Or in some cases such incidents can happen, if the gambling site measures the odds incorrectly, or fails to adjust them with the incoming odds favoring a particular outcome.

[Ucy]

Mark Griffiths specialist psychologist at Nottingham Trent University in behavioral and addiction explains in a survey of 5,5000 gamblers hopes of winning big money was greatest factor.

It boils down on people engaging in betting to reap it rewards...The rewards ranges from getting entertained, getting drunk, winning bets, etc.

By the way, betting centers/sites should make sure that customers who depend on luck don't gamble or bet with what they can't afford to lose/risk. I think incentives/rewards should be used more on betting games/competitions that add value to the life of bettors. And they should only be healthy/safe rewards.

[Charles-Tim]

Obviously with the house advantage, the probability that the gambler may end up in profit is less than 50%.

It depends, there are some leagues the away advantage is more, also are some leagues their is no home or away advantage. And in the leagues with home advantage, gamblers still lose the more. The more people gamble, the more there can be their losses, that is why it is good not to be addicted or play frequently, because gambling should just be entertaining and using a low amount of crypto we can lose will be the best, In a way we can lose and not affected.

[Ziskinberg]

Obviously with the house advantage, the probability that the gambler may end up in profit is less than 50%.

It depends, there are some leagues the away advantage is more, also are some leagues their is no home or away advantage. And in the leagues with home advantage, gamblers still lose the more. The more people gamble, the more can be their loss, that is why we are told not to be addicted or play frequently, because gambling should just be entertaining and using a lownamount of cryptocurrencies  we can lose will be the best, Ina way we can lose and not affected.

I think he is talking about the house edge which are obviously a casino game, while you are talking about a home court advantage and that is sports betting. Both are gambling but they don't have the same win/lose probability.

[coderben]

It is really a true and sad story. Gamblers usually lose more money than they win. It also depends on how much money you put on betting I think. Because people who bet with huge amount of money obviously tend to lose more money. So, it is more difficult to recover compared to people who bet with little money.

[bitterguy28]

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 .

Lol Casino owners?not because they are giving in front of media meaning they are truly concern lol,they are doing that for publicity and obligation.

they are required to pay for government and that is what they are doing.

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 .

That's the point not because we are lucky mean this is forever,sometimes Luck only stays on our side for a while and then will go to another player.

[Mahdirakib]

~snip~
Casino Classy Environment: The influence of setup tricks such as beautiful-red-carpet, makes gamblers feel important aggravating passion to bet more and more at the end placing in unbudgeted money.
~
Bonus: Online casino uses different tricks contrary to those used in in brick by brick and mortar casinos of wooing gamblers one of which being bonus. ~
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.~

True facts, gambler always hope for a miracle. Most of the gambler believe that one day they will win huge amount of money and finally they will stop their gambling habit. For this no one stop after small or average win, they continue and finally loss all their winnings.
Casino designe or decorate themselves nicely so that user feels comfortable to play there, provide various bonuses to attract more gambler and keep them active at their platform. It makes someone an addicted and greedy gambler. As a result he continues his betting and in the end loss more money than win.

[Viscore]

The Fact and the Reality in gambling, and a thing that we don't need to deny. But I don't think that is in the mind of gamblers because if they think that always, definitely, we can't see them gambling. Losing more, less win? Gamblers have to accept it.

Luck can't be all the times being with us, it comes to us momentarily. If we are gambling don't that thing and thinking that we can recover those losses, but instead, make ourself being aware that we goona lose any time or every time. If this is not acceptable to us, better have to leave and stop gambling, that's the only way to save thousands or even millions from our pocket.

[LimLims]

It is really a true and sad story. Gamblers usually lose more money than they win. It also depends on how much money you put on betting I think. Because people who bet with huge amount of money obviously tend to lose more money. So, it is more difficult to recover compared to people who bet with little money.

You cannot make profits if you bet small and with smaller bankroll.
If you want to make small Profit, then you need to have atleast 10 times more the profit amount in your bankroll.
Moreover from my personal experience, whenever i play a Casino game, majority time the house wins.
So i have completely shifted to sportsbetting, and find myself lucky in some smaller events.
Moreover a Gambler lose more money, when they go to recover the loss, Better when you see that, you are already losing some money, better to stop Gambling and make the mind cool for next bet.

[AicecreaME]

Most of the gamblers always experience more losses than winnings everyday, that being said, I assume that they unintentionally entered the gambling world since they don't know anymore how to earn a living with what they have, and that's their biggest mistake. Making a living in gambling is not really a good idea, because other than entertainment (if you're playing online gambling), foods and other things (if you're playing in a physical casino) it doesn't offer anything at all but just a money eater.

And because of what I've mentioned, gamblers are always forgetting a lot of things to consider first before entering the world of gambling.

• Gambling is not a good alternative for earning extra cash.

• Each game you play at a casino has a statistical • probability against you winning.

• Slot machine odds are some of the worst, ranging from one in 5,000 to one in about 34 million chance of winning the top prize when using the maximum coin play.

• In 2018, commercial casino gaming revenue amounted to about $41.7 billion; one way to think about all those profits is that they are the result of the accrual of all of the losses from casino patrons each year.

Source:
Why Gamblers rarely wins

[Fredomago]

-Snip-

-Snip-

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.

From that point of views, there are no arguments, Casino owners  knew that they've got a huge advanatages from the gamblers who
keeps playing inside the house, they knew that the business if handled correctly the success rate is really huge, if not, we won't see lots
of new gambling house to keep popping up.

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.

Indeed, house will keep alluring you they'll do everything to keep you stay and keep you push for more, even you already have some
good earnings you choose to stay and keep trying to win more.

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,

Sad true, there are people/gamblers who lose a lots to the point of selling their things and take loans from someone just to continue
paying and lose more from their gambling activities.

The one who gain knowledge and experience and has plenty of luck survives and become the opposite of the most common gamblers.

There are some gamblers who can win but not that many who are capable to make it happened.

[Sebas.tian]

It is really a true and sad story. Gamblers usually lose more money than they win. It also depends on how much money you put on betting I think. Because people who bet with huge amount of money obviously tend to lose more money. So, it is more difficult to recover compared to people who bet with little money.

The facts still remains that gamblers' loss more than they win but there are reservations for this statement, particularly in my honest opinion. There are still much gamblers in the industry that still put in funds and made away with something bigger than what they actually put into the system. Am a gambler but can't resist loss, also, my ability to control my emotions and always stay at alert while gamble is my hope in gambling which has helped me most time to be successful.

[shield132]

Oh, is that a new thing for you? Without doubt, gamblers lose more than they win, that's the way how casinos profit. If there was the opposite, believe me, the casino wouldn't exist. There is the math behind every game that casino offers to you. That's done in order to get rid of loss and increase the chance of profit on your (casino) side. It's like doing a politics that will give you a guarantee that on long term you'll profit and it won't be 50/50 on pure luck, that's why we have a house edge.
People want easy money, casinos offer easy money and easy lose but since we want easy money, we risk with the hope of getting the reward. Casinos seriously take the psychology of gamblers, that's why they offer you free foods and drinks, as you correctly mentioned OP, it's because to make you think like you are a valuable and they respect you, this increases your confidence and increased confidence lessens fears, in this case, the fear of lose.

[coupable]

Mark Griffiths specialist psychologist at Nottingham Trent University in behavioral and addiction explains in a survey of 5,5000 gamblers hopes of winning big money was greatest factor.

It boils down on people engaging in betting to reap it rewards...The rewards ranges from getting entertained, getting drunk, winning bets, etc.

In fact, it couldn't be the greatest factor imo. Simply because they won't stop playing if they win big money. It's a behavioral addiction when a person finds pleasure in placing bets and waiting for the result. The greatest feeling for a gambling addict is to be proud the few times his bets win and this is one of the addiction greatest symptoms .

[imstillthebest]

It is really a true and sad story. Gamblers usually lose more money than they win. It also depends on how much money you put on betting I think. Because people who bet with huge amount of money obviously tend to lose more money. So, it is more difficult to recover compared to people who bet with little money.

most of the population on gambling are like that , they loose money more than they won and its the same as big or small gambler . only few who got lucky that can win more than on what they loose .

people who bet with huge amount of money obviously tend to lose more money. So, it is more difficult to recover compared to people who bet with little money.

they can afford to bet more money and they can afford to play with that amount again and again  . if they win it wont be that hard to recover what they loose . the other is playing small . when they loose it can be hard for them to recover a small loose because of the size of thier bets

[fullhdpixel]

Honestly? I do not believe the donation and helping part of casinos because that is not what they are there for, the number one priority of any business in the world would be to make a profit and that is it, they do not care about anything else and they won't care about anything else, only thing they care about should be money and that is understandable when you own a business.

However one thing I am not sure about would be how casinos tricked people to thinking they are not fixed and gamblers could make money, I mean what is house edge if it is not fixing a game beforehand, they let you know this before you gamble, they tell you that in the long run they will win, and gamblers still end up gambling at casinos like crazy thinking they could be the lucky one.

[emrecemsan]

It is really a true and sad story. Gamblers usually lose more money than they win. It also depends on how much money you put on betting I think. Because people who bet with huge amount of money obviously tend to lose more money. So, it is more difficult to recover compared to people who bet with little money.

It is the nature of gambling. You should be aware of this before you start betting. When it comes to the amount you play with, I don't completely agree with you. Because people who play with a lot of money can recover easier than other people. Because it shows that those kind of people have much money and they won't have much problem on betting with huge amounts again. But people who play with a small amount can be not rich or playing just for fun. Either way, they will probably not choose to play many times in a row if they continue to lose.

[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.

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".

What a foolish choice if gamblers choose to be greedy when it comes to gambling, I bet none of them lasted a single night playing gambling. No matter what they say or do it's always on the house side that do profit from them but some people are still playing gambling because some of them think gambling as an entertainment not a source of income. Well, it's just reasonable enough that you have to pay for your entertainment so that's why people are gathering on casinos.

[lebregone]

92% are quite a huge amount of percentage but if their data is accurate then I have to believe it knowing that gambling is very addictive and if  you don't know how to control yourself then you will end up being addict.

This is what I notice also but I wonder why most of the gamblers are losing money instead of winning. I don't know how the casinos do their job in order to make their players continue their plays, you maybe right that the casino owners are making us comfortable without being notice by the players. But I am not so sure if we can easily change our gambling style upon knowing these informations.

[Mahanton]

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".

What a foolish choice if gamblers choose to be greedy when it comes to gambling, I bet none of them lasted a single night playing gambling. No matter what they say or do it's always on the house side that do profit from them but some people are still playing gambling because some of them think gambling as an entertainment not a source of income. Well, it's just reasonable enough that you have to pay for your entertainment so that's why people are gathering on casinos.

House do always win but people do always forget this very basic saying and still continue to push their luck! Trying to formulate things every now and then until their do bust up.
Gambling is never intended for someone to make profits for long term.Its just a form of entertainment with some bonus if you are that lucky but to think that you should mind
that you are paying up your game for you to get entertained and don't ask something back from it because it will really just frustrate you if you do anticipate or do expect something in return.
If gambling is been on siding the players then we wont see any gambling businesses at the moment.