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Author Topic: Gamblers lose more money than win.  (Read 27551 times)
DabsPoorVersion
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November 18, 2020, 12:26:44 PM
 #141

Gambling is all about luck so to lose more money than to win is normal for me. If you think of gambling as a way to earn profit then you're just wasting your money.
There may be some people who earns a living from it but gambling is not a career for everyone. This is why gambling ruins some of people's lives because they think it is their ticket for success in life.

The reason we hear so many news and experiences from people of losing big money or getting addicted to gambling is because of the intention from which they play gambling. If they are playing just to make money will lead to many such things and mostly we have seen too people end up losing more than winning in the end. So only few may be lucky winning it big and not everyone.
I disagree to this,

You know, we gamble just to make money and I don't think that is the reason why there are so many people who lose money, the only thing that make us lose more money is because of our greediness. There is no such gambler who will play only for fun and do not want to make money, we just getting greedy after we win once or twice.


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November 18, 2020, 01:02:32 PM
 #142

Gambling is all about luck so to lose more money than to win is normal for me. If you think of gambling as a way to earn profit then you're just wasting your money.
There may be some people who earns a living from it but gambling is not a career for everyone. This is why gambling ruins some of people's lives because they think it is their ticket for success in life.

Indeed,  and I think its better to play and enjoy than after for the winnings.  If you're after the winnings, chances are you will lose more. But playing for entertainment, is much better because whether you lost or not that's not your goal. Winning the reward  is just a bonus. But most gamblers I know, lost more and even they win a bigger amount, money just passed by in their hands and ended up nothing.
Both of you are right.
I admitted that better to play and enjoy gambling games than to win the games because you will lose in a short time. We don't have to think about winning, so we can enjoy the games while if fortunately we can win, that will be a bonus for you. Many people's lives ruined because of playing gambling without having a limit and still use more money when they lose from the games. They think that adding more money will give them more chances to win, but they are wrong because gambling will not give an easy way to win the money. So while we still have a chance to stop, it much better to stop the games and save our money. We can come back on the other days to play those games and enjoy the time, and maybe we will have a chance to win.

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November 18, 2020, 03:16:07 PM
 #143

You will be disappointed, if you want to make money out of gambling if you see this fact, but if you want to be entertained and you just see gambling as something that as a way to unwind, you will be ok with this fact.
Let us be realistic if we want to make money then we go look for a job, do free lancing but make money in gambling don't fool yourself it will not work all the time.
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November 18, 2020, 03:32:25 PM
 #144

I agree with you. Gambling is always profitable, if it was only unprofitable then people would not gamble for so many years. Lots of people around the world gamble. Very few of them gamble online. Gambling is profitable. As long as you control it, you will lose money as soon as you lose control over it. Personally, I think gambling doesn’t always depend on luck, sometimes it also depends on skill.
I think there are those who continue to gamble every year because maybe they are still curious about that gambling, or maybe they are trying to recover the losses that have been experienced at the gambling place, so as much as possible gambling just for fun would be better because if you lose then you will not be depressed because you already know the worst potential is that.
If you gamble just for fun, then treat it just like a game. In a game you can lose and you can win again, you will not be addicted to it and you will not be depressed if you lose. But if you want to make money from it, you have to play very carefully and adopt some strategies.
Indeed. Gambling for money and gambling for fun are two different perspective. You can arbitrarily do what you want with your money in entertaining gambling. For gamblers who want to make money, many factors are required in order to minimize your loss and improve the ability to earn money. For example, applying advanced strategy, understand the money management theory, being disciplined, dont become greedy. There are so many things you have to learn and if you do it in a wrong way, addiction is your only result.

My opinion: dont gambler for money. It is extremely hard. Only genius, the best of the best can obtain the key to be succesful in this game

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November 18, 2020, 03:32:48 PM
Last edit: November 18, 2020, 03:45:52 PM by imstillthebest
 #145

You will be disappointed, if you want to make money out of gambling if you see this fact, but if you want to be entertained and you just see gambling as something that as a way to unwind, you will be ok with this fact.
Let us be realistic if we want to make money then we go look for a job, do free lancing but make money in gambling don't fool yourself it will not work all the time.

its okay to find a job , make money and use that money to gamble than to see gambling as a job to earn money because that simply wont work easily . few sites allows you to gamble with zero bets and others offer free bets but you cant go anywhere with them although you can surely get entertained . not all but a part of the population dont want to work thier ass off but they want to earn money , first thing that came to thier mind is to do gamble because this fits thier criteria perfectly but hard earned money is still the best and more rewarding
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November 18, 2020, 03:45:28 PM
 #146

You will be disappointed, if you want to make money out of gambling if you see this fact, but if you want to be entertained and you just see gambling as something that as a way to unwind, you will be ok with this fact.
Let us be realistic if we want to make money then we go look for a job, do free lancing but make money in gambling don't fool yourself it will not work all the time.
Let's be honest mate 95% of all gambler play the game for the rewards involved which I personally don't see it as something bad while the bad part of gambling is not understood the concept of gambling to be game of chance which the possibility of winning a single bet is 1% and having the knowledge to gamble profitably cause it takes the mature mind to control buzz after exceeding daily bet range.

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November 18, 2020, 03:47:24 PM
 #147

well , i cant argue with that , its totally true, no need to check the deposit history and withdrawal on my account . but somehow , even though i know it, it's seems doesn't matter, sometimes my mind says "u will win this time" xD. nowdays, slots machine have a lot of feature , its totally addicting me.

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November 18, 2020, 04:13:44 PM
 #148

well , i cant argue with that , its totally true, no need to check the deposit history and withdrawal on my account . but somehow , even though i know it, it's seems doesn't matter, sometimes my mind says "u will win this time" xD. nowdays, slots machine have a lot of feature , its totally addicting me.

Well on some places (casinos) I am red, on some I am green! It's not possible to lose or win all the time, it's a game, and yes we lose money in most cases, but it's not total waste if you enjoyed playing, while you had a chance to make a lot more!
And I definitely agree that slots are better and better, it's like I will miss something huge if I don't try out my luck!

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November 18, 2020, 04:44:32 PM
 #149

If you gamble just for fun, then treat it just like a game. In a game you can lose and you can win again, you will not be addicted to it and you will not be depressed if you lose. But if you want to make money from it, you have to play very carefully and adopt some strategies.

Even though we play gambling just for fun, but if we count it, the money won by gamblers is still worth less than their losses. Because the casino system is designed in such a way that the odds are more likely to benefit the casino itself.

It's just that people who play gambling for fun will be able to overcome greed and only place bets on what they can afford to lose. So when they lose in gambling, they won't push their luck, or even play again to recover that loss (at least not in a hurry to do it).

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November 18, 2020, 05:08:21 PM
 #150

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?

Below are some illustrations detailing some of the hard-truth-factors:

First-Level-of-Lose in-Financial-Investment advice: Lose amount of money that you can afford to lose and you are happy parting ways with. A lot of gamblers fail to abide to this golden rule.

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.

Free-Distribution-of-Drinks-and-Food: Freebies on food and drinks causes gamblers to feel valued and respected enjoying the offer, making gamblers place bet beyond their initial plan before getting drunk if beer is consumed. And everyone, in the room was drunk, casino would have a lucrative business deal as gamblers at poker matches feels the money which they could have spent on drinks and coffee better be placed as stakes on roulette.
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. After playing a number of games, the online casino will give some free games. Gamble player enjoys with high possibility of continuing with paid ones after completing free steaks.

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.

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.


All of those are basically for gamblers that tend to gamble day-to-day. Gambling is part of their life and those are the people that can succumb to losing more money along the way but that does not affect some people who just started gambling. People who started gambling can compute their gains and their loss carefully. They should just have the capital to start gambling and make that capital grow. They should not spend more than the capital that they have allocated since that would result to more loss.

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November 18, 2020, 05:52:09 PM
 #151

It's just that people who play gambling for fun will be able to overcome greed and only place bets on what they can afford to lose. So when they lose in gambling, they won't push their luck, or even play again to recover that loss (at least not in a hurry to do it).

You are right. If someone gambles only for fun, he will never get addicted to it. Because if he thinks gambling is just a game, he will gamble with the money he will use to spend on hobbies. So even if he loses in gambling, he will not faces any problem. So take gambling only as fun, and stay happy.
If I'm not mistaken, this is probably the reason why such activity was made, which is to just kill time. It just involves money which gave weigh to its importance for the gamblers. Some are even putting their fate on it towards a wealthy life but that's a Misconception. Cliché as it may sound but the house will always win. There are players winning jackpots but surely, more players are losing big time. Due to greed and frustrations, losses just keep on bloating from aiming to also win just like the lucky players in this industry. It won't be easy to all of us but we should really limit ourselves from gambling too much because we will just expose ourselves in risks from doing so.
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November 18, 2020, 06:34:03 PM
 #152

If you gamble just for fun, then treat it just like a game. In a game you can lose and you can win again, you will not be addicted to it and you will not be depressed if you lose. But if you want to make money from it, you have to play very carefully and adopt some strategies.

Even though we play gambling just for fun, but if we count it, the money won by gamblers is still worth less than their losses. Because the casino system is designed in such a way that the odds are more likely to benefit the casino itself.

It's just that people who play gambling for fun will be able to overcome greed and only place bets on what they can afford to lose. So when they lose in gambling, they won't push their luck, or even play again to recover that loss (at least not in a hurry to do it).
It depends on the gambler for me who gambles for fun back when I was still active gambler I only spend my extra money before my pay day or I receive my salary.
So if I lose then I wouldn't mind it at all or be greedy to try on win it back because I play to relax and have fun while aiming to win some extra money.
And if I do win then it means extra money to spend to have a nice meal or go out
Everyone gambles for a reason and most of us gamble to have a profit.

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November 18, 2020, 06:39:31 PM
 #153

Not all gamblers faced the situation like loosing all the time. If you are clearly deal the gambling on betting and ideal games, you may win more than loosing funds. Sometimes you may get attracted slot roll or lucky spin kind of games, mostly these games users are finding loss more than other way gamblers.
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November 18, 2020, 06:43:13 PM
 #154

It's just that people who play gambling for fun will be able to overcome greed and only place bets on what they can afford to lose. So when they lose in gambling, they won't push their luck, or even play again to recover that loss (at least not in a hurry to do it).

You are right. If someone gambles only for fun, he will never get addicted to it. Because if he thinks gambling is just a game, he will gamble with the money he will use to spend on hobbies. So even if he loses in gambling, he will not faces any problem. So take gambling only as fun, and stay happy.
Easy to say but if you do actively gamble and you will surely molding up that kind of aim to make money yet this will be your primary target which will really be the cause for you to be addicted

unless if you do play on casual basis then i can say that you do play gambling for entertainment and it shouldnt really be that into that intensity where you do play on day to day basis.

People who do seek entertainment wont really be playing that constantly so you can differentiate for those people who are just trying to deny that they are already addicted since they do just play
for fun but to know  that they are losing that much.

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November 18, 2020, 08:14:02 PM
 #155

Not all gamblers faced the situation like loosing all the time. If you are clearly deal the gambling on betting and ideal games, you may win more than loosing funds. Sometimes you may get attracted slot roll or lucky spin kind of games, mostly these games users are finding loss more than other way gamblers.

Gambling is closely related to luck, so it is likely that people who are indeed lucky at gambling will have a chance to win rather than lose money.

But in my opinion, luck in gambling has its times, so if a gambler continues to force that luck then the wins they got can make them overboard and it can cause them to become addicted to gambling, so there is a possibility that they could end up losing their money.

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November 18, 2020, 08:35:06 PM
 #156

Not all gamblers faced the situation like loosing all the time. If you are clearly deal the gambling on betting and ideal games, you may win more than loosing funds. Sometimes you may get attracted slot roll or lucky spin kind of games, mostly these games users are finding loss more than other way gamblers.

So that means picking good gambling games would give us definite confidence in winning? I think roll and lucky spin doesn't guarantee us a lucky wins based on how I understand with your statement, and  probability of losing such is likely to happen. Experienced gamblers really avoided these games in order to keep their funds and as per observations they're more hesitant with other non profitable betting games.

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November 18, 2020, 09:25:50 PM
 #157

One thing that people gets mistaken about gambling is that they will win. Confidence is really great but too much of it, especially in a game of chance like gambling, can prove to be lethal. If you have no basis for your confidence, then might as well level your head so at least you can minimize your losses while maintaining or at times increasing your odds at winning.

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November 18, 2020, 09:45:10 PM
 #158

All the points presented by op on this thread are pretty accurated, but I would add that the main reason why gamblers keep losing without limits is impulsivity. That is the key which makes the gamblers vulnerable to break the *golden rule*, to fall for the classy environment and free drinks and food. If the gambler is a controlled person he won't commit these mistakes even if they are very interesting and flashy.
Stop being impulsive and you will stop losing without limits, that is the main precaution a gambler should take in my opinion.

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November 18, 2020, 10:07:12 PM
 #159

Not all gamblers faced the situation like loosing all the time. If you are clearly deal the gambling on betting and ideal games, you may win more than loosing funds. Sometimes you may get attracted slot roll or lucky spin kind of games, mostly these games users are finding loss more than other way gamblers.

Gambling is closely related to luck, so it is likely that people who are indeed lucky at gambling will have a chance to win rather than lose money.

In theory I could agree with that but in reality only a handful of people are that lucky to be winning strikes in a row, the fact is that the losses far out weigh the winnings. But this is the nature of gambling. I also find that when you feel lucky you go in big and when that ends in a loss because you feel lucky you keep betting forming this perpetual cycle. Of course, this is more the norm for people with an unrealistic idea of the world, themselves and gambling.

This is why is best to have a prepared exit strategy and be prepared to walk away as soon as you reached your pre-set spending limit. Sure that takes dedication but habit is the power of success.
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November 18, 2020, 10:11:59 PM
 #160

The thread title is a true statement, but none of the gamblers realise it. When one is into gambling, he/she will be much focused on making an earning out of it. Today he/she might win and the next day the win gets lost.

This way consecutive/random possibilities happen with gambling.

Whether the gambler is making money or losing can be known only through a continuous recording of each and every game result along with the amount spend on a separate sheet. In most cases the losing will be high than winning.

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