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Author Topic: Gamblers lose more money than win.  (Read 27548 times)
Swordsoffreedom
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November 21, 2020, 06:22:49 PM
 #221

This is the nature of gambling and that's how betting sites survive it's not easy to win but not impossible. 
For me betting is the exceptionally dangerous approach to twofold your cash. That's why we should bet the amount that we can afford to lose.
Gambling is the business where we should play without taking any panic just stay relax and play with peace.

so true, we only should bet with an amount that we can afford to lose, i made mistakes before in my long experience on gambling
and i made the mistake of betting more than i can afford and ended up losing a lot.
It is the main point. We should bet on that amount that we can easily afford to lose. If you bet more than you can afford,  if you win the bet, your luck is very good, but if you lose? If you lose you will be under emotional pressure.It's harmful for us. 

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November 21, 2020, 08:45:45 PM
 #222

In general yes, gamblers have to lose more money than win to support the business.

The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.

If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
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November 21, 2020, 08:52:32 PM
 #223

In general yes, gamblers have to lose more money than win to support the business.

The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.

If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.

And that is why house edge comes in the picture. They need to sustain the business so one way to have profits is by having house edge from their end. Doubt if a certain casino is offering 0% HE, they may have loopholes in the system. Also in gambling, you very well know that once you get inside the casino, the money in your pocket may totally wipe out once you get outside.
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November 21, 2020, 09:32:19 PM
 #224

In general yes, gamblers have to lose more money than win to support the business.

The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.

If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
Your math is wrong, one gambler can win the whole profit from the prize pool, single Jackpot winner can change the balance between losers/winners. The house edge is designed to take from both sides no matter the player wins or loses, that is how casinos operate. A similar situation is not true for bookies because gamblers gamble against the bookie aka house. In the Softswiss platform which provides the majority of slots from different providers, the gamblers share the common pool with win/loss. The payment is not paid by the casino, the winnings from slots are paid directly from the pool, IMHO.

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November 21, 2020, 11:32:17 PM
 #225

In general yes, gamblers have to lose more money than win to support the business.

The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.

If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
Your math is wrong, one gambler can win the whole profit from the prize pool, single Jackpot winner can change the balance between losers/winners. The house edge is designed to take from both sides no matter the player wins or loses, that is how casinos operate. A similar situation is not true for bookies because gamblers gamble against the bookie aka house. In the Softswiss platform which provides the majority of slots from different providers, the gamblers share the common pool with win/loss. The payment is not paid by the casino, the winnings from slots are paid directly from the pool, IMHO.

I said that if 5 came in and won and 5 left with the same money there would be nothing left for the casino. It's as simple as that. Where do you see anything wrong with my math?

It's an answer to OP's statement about people losing more than they win in general because if you subtract house edge which I of course know about they statistically leave with less money than they came with.

If you put 1000 players on the floor and give each of them 100 USD you'll see that when the night is over they'll not come out with 100000 USD all together. That's how it works.
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November 21, 2020, 11:56:12 PM
 #226


Just based on the saying that the longer we play the less chance of winning we have, and there's only one reason why we are at that situation, and that is because we are gambler on games where there's a house edge.

We don't want short-lived entertainment, we as much as possible want to stay on as long as we can, but unfortunately, we sometimes tend to forget that there is a house edge that will eventually come out while you are playing anytime.
If you are looking to make money then plan and time your bet, if you want to have some fun go with all your heart with money that you can afford to lose.
There are different type of gamblers which one you had mentioned where they do like to last up as long as they can for the sake of entertainment and of course on making money.

We should really always consider that theres a house edge that will be one of the common reason that gamblers will really be the losers in the end of the day.
We should not think about on making money because if we do treat gambling as a source of income or money making thing then we would just be fucking
up ourselves and would really be caught to addiction.

R


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November 22, 2020, 01:00:45 AM
 #227

~snip~
Gambling is here to stay and the same for their users and that's why many casinos are also being created. While the old and existing ones becoming stronger and staying in the industry for the better. It's not the problem of the casino but it's the problem of the gambler if it's affecting his entire life and does things according to his will just to make himself satisfied as he gambles.

Gambling is one of the businesses that existed for a long time ago, while gamblers come and go because they lose their money in gambling. The gamblers who can't control himself in gambling will be the one who will regret because whenever he plays the games with hard for every gambling games will never give a good result.

Perhaps, that gambler needs to give up from gambling and leave the gambling for a while. He needs to refresh his mind about gambling to know what he should do if he is playing gambling. He can feel satisfied with gambling, but he needs to remember that he doesn't need to lose much money on the games.
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November 22, 2020, 02:26:59 AM
 #228

Casinos are not created for their users.

It is created for the profit of the owners and its investors. That is why these owners and these investors don't care whether people are destroying their lives in these games, at the end of the day it is still a business. If the gamblers will not be able to control themselves, they will obviously fall into that pit with regrets and a lot of losses.
Business is business no matter what’s the situation of a users or investors they are their to earn money. As a user it is our responsibility to manage our finances when it comes to play in gambling. The more you play the more loses it encounters because of no self control, greed, and play gambling with money that can't afford to lose. Indeed not a fault of the owner rather a fault of a user with a gambling problem.

That is true.

It is not these businesses/casinos that will be taking care of their people. If there seems a problem or an effect on the people, the government is the one that would make a law or maybe put a limit to these things. There are countries that include gambling addiction as their problem, hope there are a lot of people that would be helped by these programs or laws.
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November 22, 2020, 02:33:44 AM
 #229

In gambling world most of the player are losing a lot of money compared to the winners, but there is some gambler is win more than their lose but mostly those player is the lottery winners. Also in my thinking only the owners of the gambling sites are surewin or they get a lot of profit everyday. So if you do not want to lose money don't play or minimize playing gambling games.
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November 22, 2020, 08:18:03 AM
 #230

In gambling world most of the player are losing a lot of money compared to the winners, but there is some gambler is win more than their lose but mostly those player is the lottery winners. Also in my thinking only the owners of the gambling sites are surewin or they get a lot of profit everyday. So if you do not want to lose money don't play or minimize playing gambling games.

Gambling sites are making money that is why they do operate, able to pay salary to their staff and to winners etc. With the loss we incur in gambling this helps them to pay t winner and carry out all such expenses and earn profit as well. Thus you will see new gambling sites do feature very frequently.


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November 22, 2020, 08:38:55 AM
 #231

In gambling world most of the player are losing a lot of money compared to the winners, but there is some gambler is win more than their lose but mostly those player is the lottery winners. Also in my thinking only the owners of the gambling sites are surewin or they get a lot of profit everyday. So if you do not want to lose money don't play or minimize playing gambling games.

Gambling sites are making money that is why they do operate, able to pay salary to their staff and to winners etc. With the loss we incur in gambling this helps them to pay t winner and carry out all such expenses and earn profit as well. Thus you will see new gambling sites do feature very frequently.



Simply to say tht they are really benefiting from this business, there are lots of new gambling
house that being established from time to time, giving gamblers lots of options and try playing
to find some luck, this gambling owners do their research before investing to this business they
are aware to every possiblities and they are prepared to take the risk,.
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November 22, 2020, 03:07:15 PM
 #232

If some of the gamblers are here only for fun and entertainment that means, this type of gambler is willing to take risk and can afford to lose, it doesn't matter for if He win or lose. But if you are here in the gambling to earn a lot, you need to have a good plan or strategy to beat the beat the house edge something like that based on my experienced.
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November 22, 2020, 10:19:17 PM
 #233

If some of the gamblers are here only for fun and entertainment that means, this type of gambler is willing to take risk and can afford to lose, it doesn't matter for if He win or lose. But if you are here in the gambling to earn a lot, you need to have a good plan or strategy to beat the beat the house edge something like that based on my experienced.

They also need to ensure that they gamble what they can afford to lose, and having a plan is not something we have to continue to remind then as for sure they already have that since the words " to earn a lot" means you are into business to make money, hence treat it as a job.

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November 22, 2020, 10:56:01 PM
 #234

If some of the gamblers are here only for fun and entertainment that means, this type of gambler is willing to take risk and can afford to lose, it doesn't matter for if He win or lose. But if you are here in the gambling to earn a lot, you need to have a good plan or strategy to beat the beat the house edge something like that based on my experienced.

Taking down the house is harder than that. Plan and strategy might not be enough, you should also have that skills amd knowledge that you will need. Also, they have these strategies too for those people that is having a great profit. Another thing is that you will never be able to do that in a day unless you're betting millions which don't ensure your win every bet.

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November 22, 2020, 11:21:56 PM
 #235

The gambling system was created to make gamblers suffer losses, so the longer we play gambling the greater the losses we get.
So control yourself when playing gambling, you have to be able to limit yourself when playing gambling, you have to know when
have stop playing gambling. Take care of your gambling habit, so as not to become addicted. Because if you are addicted it can
make a mess of your lives.

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November 22, 2020, 11:50:13 PM
 #236

That is actually what I ever experienced, losing more, and gaining less in gambling. That is why I quit gambling. Because until now, I am still confused about how to be in the gambling well. I tried to learn about the strategy of betting and the game that I participated in. But I fact, I still lost more. I feel so dumb  Grin Grin

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November 23, 2020, 01:20:33 AM
 #237

That is actually what I ever experienced, losing more, and gaining less in gambling. That is why I quit gambling. Because until now, I am still confused about how to be in the gambling well. I tried to learn about the strategy of betting and the game that I participated in. But I fact, I still lost more. I feel so dumb  Grin Grin

You don't have to confuse about that because gambling is for making money, and if you try hard, you will not get better results. I suggest you play gambling without thinking about win and lose. Just try to enjoy the game and spend your time but remember to limit your time to make you spend more money.

Gambling will need the luck to win, and even if you use so many strategies and don't have luck, I am afraid that you will not win the games. As long as you don't spend too much money and limit your time, you will not lose too much money. That can prevent you become addicted to gambling in the long term.
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November 23, 2020, 02:27:23 AM
 #238

That is actually what I ever experienced, losing more, and gaining less in gambling. That is why I quit gambling. Because until now, I am still confused about how to be in the gambling well. I tried to learn about the strategy of betting and the game that I participated in. But I fact, I still lost more. I feel so dumb  Grin Grin
Try to learn not from experience alone, go and step back and watch how others perform. Find a niche game that you will enjoy and you know that you can win more than lose, most games are in favor of the house so find one that favors the least and try to concentrate on that one, learn the do's and dont's. Do not feel disheartened that you lose, if you know that you are having fun and that it does not affect you financially then do it again. Back to learning from others, some of what you should watch out for is their body language if psychological warfare is involved, sports betting on the other is far much more easier, try to analyze the teams that you wish to bet on, the good performers will be your best bet although they are the least profiting, and last is that you should only bet on the sports you love because it is far much easier to bet on that more than anything.

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Noctis Connor
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November 23, 2020, 04:33:46 AM
 #239

That is actually what I ever experienced, losing more, and gaining less in gambling. That is why I quit gambling. Because until now, I am still confused about how to be in the gambling well. I tried to learn about the strategy of betting and the game that I participated in. But I fact, I still lost more. I feel so dumb  Grin Grin
Maybe you don't learned your lesson while losing money because you already set in your mindset that you can easily win back what you've aready lost in gambling , and yet here it comes you already quit ng gambling , it is not about strategy it is about luck maybe you should try betting on sports even the odds is low atleast you can easily analyze team who will win and you can defeat other teams. If you want to gamble well then you should watch and learn first then try it to your self until you gain enough experience to do so and always follow your guts.
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November 23, 2020, 04:36:23 AM
 #240

That is actually what I ever experienced, losing more, and gaining less in gambling. That is why I quit gambling. Because until now, I am still confused about how to be in the gambling well. I tried to learn about the strategy of betting and the game that I participated in. But I fact, I still lost more. I feel so dumb  Grin Grin
Gambling is used as a place for fun and if you put all the money you have in the hope that you can get a lot of profit then it won't be possible because no one guarantees a win at every gamble you bet on so maybe you should be able to change your mindset. when gambling and use money that is not being used because the risk is that money at gambling can be lost instantly when you lose.
True, it's like how you just buy games and spend your time playing them for enjoyment, without thinking of getting any possible profits off of it ofc. That's the way games are made, and gambling is a form of game so you have to understand that first and foremost. The only difference here is the "jackpot" in games, where most games have a jackpot but it's only in-game, or something amazing, an easter egg of sorts, while gambling provides you a chance to win. I guess that difference holds a huge influence on a lot of people who gamble, which is why people think that gambling is a way to make a quick buck.

If some of the gamblers are here only for fun and entertainment that means, this type of gambler is willing to take risk and can afford to lose, it doesn't matter for if He win or lose. But if you are here in the gambling to earn a lot, you need to have a good plan or strategy to beat the beat the house edge something like that based on my experienced.
Strategy only lets you manage your funds properly and intelligently, it doesn't really let you win, nor does it help you beat the house edge. The only way to beat house edge imo is for the casino themselves to turn it off when you're playing. There were quite a few cases about such events happening, though the players already threw quite a hefty amount before asking the casino to let him play without house edges, he may have won in that case, but with the amount lost playing before hand? I doubt you could even call that a win.

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