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Author Topic: Gamblers lose more money than win.  (Read 27551 times)
Twentyonepaylots
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November 16, 2020, 09:14:57 PM
 #81

Well this happens a lot because people don't know about a relly important thing in gambling, self-control. When you gamble, you don't just go all in balls-deep into the game. You gotta know at what point would be enough is enough to minimize your losses and maximize your winnings. Peoe tend to forget about that because they keep on thinking that the next try will win them their losses back, but be a little bit realistic. Gambling Agencies won't be in your favor. In fact they will try all means to ensure that their bettors win less.
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November 16, 2020, 09:19:25 PM
 #82

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.
House always wins but there is no need to treat gambling as only a form of entertainment. Some people just enjoy gambling while another group of people just want to make a small income which is not stable over the long term. If the math was not behind the winning odds on casinos, almost all gamblers were millionaire now. This is another form of making money for casino owners, they only care about increasing the revenue while gamblers analyze the conditions on how to recover from the loss.

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November 16, 2020, 09:34:00 PM
 #83

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.
House always wins but there is no need to treat gambling as only a form of entertainment. Some people just enjoy gambling while another group of people just want to make a small income which is not stable over the long term. If the math was not behind the winning odds on casinos, almost all gamblers were millionaire now. This is another form of making money for casino owners, they only care about increasing the revenue while gamblers analyze the conditions on how to recover from the loss.

Mostly that happens but if a player have proper discipline and know when to stop for sure they can minimize the risk and defy the sayings that house always wins, majority lose because they insist to stop whenever they are in profit or continuos losing that's why if they know where to end up their game times for sure they  can accumulate some winnings even if it's low percentage only.

R


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November 16, 2020, 09:40:30 PM
 #84

Normally, to gamble corrected is not am easy thing to do, you will always get lost than win, if you are given 5 production matches, you will definitely get 2 correct and 3 lost. So in that case, the percentage of loosing over winning is pretty high, and in another case, you might try to play it cool while the winning outcomes might not reach the total amount spent so far except for some lucky better that hit big and recover their lost money played so far.
Now casino works this way, newbies feeds the company with money while oldies with gambling experience gets the money gradually, so that circulation continues.
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November 16, 2020, 10:59:30 PM
 #85

House always wins but there is no need to treat gambling as only a form of entertainment. Some people just enjoy gambling while another group of people just want to make a small income which is not stable over the long term. If the math was not behind the winning odds on casinos, almost all gamblers were millionaire now. This is another form of making money for casino owners, they only care about increasing the revenue while gamblers analyze the conditions on how to recover from the loss.

Mostly that happens but if a player have proper discipline and know when to stop for sure they can minimize the risk and defy the sayings that house always wins, majority lose because they insist to stop whenever they are in profit or continuos losing that's why if they know where to end up their game times for sure they  can accumulate some winnings even if it's low percentage only.
Not all would really have that kind of control that's why majority of them do really fail to do so and the main reason? Its Greed. its hard to control when you are midway
or in a game because your mind will keep telling you that you might able to hit some win on next bet until you lost it all.
People shouldn't really be playing too much or make themselves compulsive towards gambling because it wont really give any good thing in the end of the thread.
Just enjoy on what you do pay for and as said by others where winning is just really a bonus.

R


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November 16, 2020, 11:50:36 PM
 #86


The gambling industry whether online or offline will crumble if more gamblers wins than losing, on online casinos it's the house edge that keep the online casinos sustainable, on offline casinos it's the
Quote
Failure-To-Walk-Away
habit and fatigue, they just go on and on until all they've won are loss, so it's always gamble with money that you can afford to lose and always have some fun

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November 16, 2020, 11:52:02 PM
 #87


So based on some "facts" given by the OP, it was referring to gambling experience at land-based or physical casinos.

That's the usual thing we can see in the environment there. Since people there have different ways and approaches on how they are managing their gambling experience, it leads to various post-effects, either some are still discipline or worst, some become depressed.

Well then, we can't control it. Let gamblers experienced the worst so they will know how to deal with it. If they will able to cope with the problem, then good. If not, then unfortunate to them.

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November 16, 2020, 11:58:43 PM
 #88


So based on some "facts" given by the OP, it was referring to gambling experience at land-based or physical casinos.

That's the usual thing we can see in the environment there. Since people there have different ways and approaches on how they are managing their gambling experience, it leads to various post-effects, either some are still discipline or worst, some become depressed.

Well then, we can't control it. Let gamblers experienced the worst so they will know how to deal with it. If they will able to cope with the problem, then good. If not, then unfortunate to them.
Let the gamblers who have an addiction problem solve their own problems because the majority will still continue to do what they are doing. The problem was not on the casino's side and it has never been. The post-effects will either destroy the mental health or that person will suffer from the lack of kindness from close friends or family circles.

The true face of gambling addiction costs more than entertainment they get from playing casino games, facing it always hurts but gamblers will think next time before entering the casino.

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November 16, 2020, 11:58:48 PM
 #89

you will always get lost than win, if you are given 5 production matches, you will definitely get 2 correct and 3 lost. So in that case, the percentage of loosing over winning is pretty high,
Yep, it is the common fact that the chance to lose is surely higher than the chance to win. I think it is not about how hard your efforts, but mostly about the luck itself. Indeed, there are some games depending on the skills. Yes, the skills got from your efforts + experience. However, finally, luck always has a big role to win in gambling. While the luck doesn't seem quite big as the chance is a much lower.

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November 17, 2020, 12:01:42 AM
 #90

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.
I know how addicting and risky Gambling is but 92%?is this really accurate?if this is true then it is better to call the gambling as GIVING game?as we are not really gambling but just giving our money to the site owners.
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.
Because Each game that running in their sites are well evaluated and the Fairness is smaller than the house is winning.

This is how Gambling operator is bagging gamblers money.

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November 17, 2020, 12:07:15 AM
 #91

The euphoria when winning in gambling makes gamblers stay and keep playing even though they know that they had been losing money. Only a few gamblers live the dream of getting out of casinos with a huge amount of winnings. As long as you are gambling the risk is eminent, win thousands of dollars today, keep playing and you will end up losing thousands more. This is the result of being uncontented, even those who had been winning a lot of money keep on hoping for more, and those who are losing keeps on chasing their losses. The result will be the same, casinos always win.
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November 17, 2020, 12:12:32 AM
 #92

you will always get lost than win, if you are given 5 production matches, you will definitely get 2 correct and 3 lost. So in that case, the percentage of loosing over winning is pretty high,
Yep, it is the common fact that the chance to lose is surely higher than the chance to win. I think it is not about how hard your efforts, but mostly about the luck itself. Indeed, there are some games depending on the skills. Yes, the skills got from your efforts + experience. However, finally, luck always has a big role to win in gambling. While the luck doesn't seem quite big as the chance is a much lower.
Luck is just our last hope to win it comes to gambling in order to win especially when you are at pure luck-based games but that not just to stop there, instead, we make things also to enhance our winning stance by searching for strategies. However, this is not all about winning, some people are gambling for another reason, hang out with friends and just to please themselves.
But if we are just here chasing to win and aiming for the jackpot (which is normal) you'll be surprised that you lose a lot than times of winning.

R


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November 17, 2020, 12:22:21 AM
 #93

The survey that the OP has posted is related to the gamblers who are gambling in casinos and he didn't include those who are gambling online but overall, the subject is very true and I agree with it.

This is the main reason why I don't want to spend too much money in gambling. I know that the money I put in the gambling site (I'm gambling online) has a high chance that will never go back to me again that is why I only spend a few extra bucks and its just for additional excitement while watching sports events.

Well then, we can't control it. Let gamblers experienced the worst so they will know how to deal with it. If they will able to cope with the problem, then good. If not, then unfortunate to them.
Just like in investing, investors will not realize their mistakes if they aren't experiencing it and its the same with the gamblers. They will not realize and adjust if they aren't experiencing it.

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November 17, 2020, 01:20:09 AM
 #94

The euphoria when winning in gambling makes gamblers stay and keep playing even though they know that they had been losing money. Only a few gamblers live the dream of getting out of casinos with a huge amount of winnings. As long as you are gambling the risk is eminent, win thousands of dollars today, keep playing and you will end up losing thousands more. This is the result of being uncontented, even those who had been winning a lot of money keep on hoping for more, and those who are losing keeps on chasing their losses. The result will be the same, casinos always win.

Perhaps, if a gambler knows that they need to get out of gambling after winning, it could reduce their losses and enjoy the win money. But the fact, many gamblers still playing gambling longer with the win money, and the result is they lose that win money with their initial money. That is a big loss because he can win some money, but he loses all money because of playing longer.

The risk of playing gambling is losing the money, but if we can't stop right away after winning, we will get another loss, which we can't imagine. The risk becomes bigger, and then losing money will become bigger too. In the end, the casino will take the money and comes out as the winner.

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November 17, 2020, 03:28:08 AM
 #95

The data that I've been read before is saying the truth where it explaining why most of the gamblers are losing money and only few are really making consistent gains in playing games. Look at the casinos where they keep operating and making profits because there are gamblers who are losing huge amount of money. I forgot the percentage about the people who are usually win in gambling but let's get to the point where only few are making money in gambling. It is so sad to see people who are crying in traditional casinos because they lose millions where they considered it as their hard earned money. For me it is their fault why they lose because they do not have discipline and they are not prepared to the worst scenario that they face and it is to lose huge.
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November 17, 2020, 03:33:58 AM
 #96

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.
Seriously ?92% is very alarming and a sign that gambling is really not tended to make peoples life better,instead this is a clear collector or Our money and living.

But this is a serious problem of the world now,because while people losing money in playing they are also putting the economy down.
Quote
This is what I notice also but I wonder why most of the gamblers are losing money instead of winning.
because in gambling there is no total plan but only desire to win,so in reality this is advantageous to the gambling sites as they only need a defense to not lose in every betting.
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November 17, 2020, 04:20:38 AM
 #97

Gamblers loses more money than they win due to the house edge. You can get lucky some day, unlucky some day but on the long run you'll loss equal to the average house edge you play with.
that's why gambling sites never lose because what ever the outcome of the deals still they have house edges that will cover the payments of the bettors in case winning but if lose?then they get more than.

and also the fairness of each game,of course operators will not allow the gamblers to have big advantage against them.
Taking out profit and not coming back ever doesn't work with gambling as once people get the taste of it, they can't stay way, specially when they have won. The best way to limit your win or loss is to make your budget and limit, just like trading, you could make rules to take profit and loss on fixed percentage change.
Actually it is the beginners luck in which the reason why a first time gambler wanted or have a desire to come back because he already taste the win,not knowing that in long run majority of playing will be losing.









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proTECH77
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Bisq Market Day - March 20th 2023


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November 17, 2020, 05:24:09 AM
 #98

Gambling is all about win or lose because not all game use to favour gambler all the time. Since we enter pandemic I came to discover that it hard for some gambler to win in this season we are than to see them loosing more money on their bet. Over 7 month now, it hard me to smile with my gambling which is not bring any good news yet but I have hope one day or some day I will smile.
Easy to lose but hard to win, to show that gambling is by experience not by qualifications you have in school that will make you win than to make you lose if you fail to apply experience.

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Gotumoot
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November 17, 2020, 07:30:52 AM
 #99

For me there wouldn't be a problem with it as long as the gambler is only playing with their spare money,
But if they would gamble with more than just their spare and it would affect their family then it would be problematic.
I think gambling should be fun and all but if we couldn't control our greed then it is better to quit before you destroy your life.
I could agree with the title base on my own experience I lose more than winning in my gambling time.
XZERO1
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November 17, 2020, 09:00:22 AM
 #100

Well, people gamble because of that huge dopamine rush that they get from it and if you are gambling to make money or looking at it as a way of making money or a source of income then you're doing it wrong, gamblers should change their perspective about gambling and only look at it as an entertainment, just like when you pay to get on a roller coaster and when the experience ends you end up with less money that you had before but I doubt anyone regret paying for that, I'm just saying you should not expect anything in return when you are betting so the amount that you bet on should not be that much that you worry about losing it a lot and it should be not more than you can afford to lose.
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