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Author Topic: Be a Responsible Gambler  (Read 6791 times)
Betwrong
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May 31, 2021, 10:51:40 AM
 #341

How could I forget? Gamblers chasing losses could or could not be addicted to gambling but they definitely have a problem, they begin gambling a little bit but then they get excited and bet too much and lose it, but instead of thinking like a rational person and admitting their mistake and moving on they decide they want to recover that money and keep gambling, something that goes against any financial advise you can find in almost any book, and then they find themselves with the awful reality they have lost so much money that no matter what they do they are never going to recover it.

If you mean they are never going to recover it through gambling, I agree, the probability of earning money with gambling is low. But recovering through another activity is very much possible. That's what a responsible gambler should do in case he/she lost a lot of money: they should concentrate on recovering the money through another activity.(A legal one, of course, bc becoming a criminal is even worse than becoming a gambling addict).

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May 31, 2021, 04:37:45 PM
 #342

If you mean they are never going to recover it through gambling, I agree, the probability of earning money with gambling is low. But recovering through another activity is very much possible.
And I might also add that together with low chance of gaining profits in gambling, only a select few games that you can do it and most of them is that you need to have a certain level of skill if you want to make a decent profit like poker and blackjack.

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stadus
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May 31, 2021, 09:16:57 PM
 #343

If you mean they are never going to recover it through gambling, I agree, the probability of earning money with gambling is low. But recovering through another activity is very much possible.
And I might also add that together with low chance of gaining profits in gambling, only a select few games that you can do it and most of them is that you need to have a certain level of skill if you want to make a decent profit like poker and blackjack.

How about sports betting?

I guess sports betting is one of the best types of gambling where we can use our sports capping skills, we can win here in the long run as it's a skilled type of gambling, unlike other types which is only based on luck. However, we should not consider it as an easy way of making money as that is a wrong mentality which will usually lead us to big trouble.

Being responsible, is important to minimize the risk if we venture into gambling, it does not guarantee any win for us, mostly we lose but it's not impossible to succeed.

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May 31, 2021, 09:49:32 PM
 #344

How could I forget? Gamblers chasing losses could or could not be addicted to gambling but they definitely have a problem, they begin gambling a little bit but then they get excited and bet too much and lose it, but instead of thinking like a rational person and admitting their mistake and moving on they decide they want to recover that money and keep gambling, something that goes against any financial advise you can find in almost any book, and then they find themselves with the awful reality they have lost so much money that no matter what they do they are never going to recover it.

If you mean they are never going to recover it through gambling, I agree, the probability of earning money with gambling is low. But recovering through another activity is very much possible. That's what a responsible gambler should do in case he/she lost a lot of money: they should concentrate on recovering the money through another activity.(A legal one, of course, bc becoming a criminal is even worse than becoming a gambling addict).
Correct that is what I meant, chasing losses is one of the fastest ways to lose a lot of money, we just need to accept the reality, gambling can be fun but once you begin to suffer because of the money you have lost then you are doing it wrong and should stop gambling immediately, and instead of trying to recover your money through gambling we should do it in the way we know how to make money as this is the safest and best path towards recovering the money lost on the casino.
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May 31, 2021, 10:04:09 PM
 #345

If you are a person who live your life with what you earn and all of the sudden if there is no way to earn/there is no way to earn money due to lockdown don't go into gambling. This will completely destroy your life and creates issue in relationship. I assure this will happen, even if you don't have money for food request help with someone. You'll get your food, have it with peace than ending in frustration.

Some people when they lose their jobs or need additional income there are those who think of playing gambling, this will be the beginning of
their financial problems. Because gambling cannot be expected as a source of income, because there is no guaranteed strategy that allows us
to win continuously in gambling. I have seen several times gamblers whose lives ended badly after making gambling their source of income,
and many rich people become poor because they are addicted to gambling. Therefore, if we need money, don't even think about making money
through gambling, if it's just to get food. We can ask our friends or family for help, I am sure there will be good people who are willing to share the food.

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Betwrong
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June 02, 2021, 10:31:07 AM
 #346

If you mean they are never going to recover it through gambling, I agree, the probability of earning money with gambling is low. But recovering through another activity is very much possible.
And I might also add that together with low chance of gaining profits in gambling, only a select few games that you can do it and most of them is that you need to have a certain level of skill if you want to make a decent profit like poker and blackjack.

You can add sports betting to that, but overall I wouldn't suggest trying to recover with those activities either. It should be kind of a rule: if you lose with gambling - don't try to recover with it. Find something less luck based, like a real job, for example, where what you earn depends on your skills and hard work.

If you mean they are never going to recover it through gambling, I agree, the probability of earning money with gambling is low. But recovering through another activity is very much possible.
And I might also add that together with low chance of gaining profits in gambling, only a select few games that you can do it and most of them is that you need to have a certain level of skill if you want to make a decent profit like poker and blackjack.

How about sports betting?

I guess sports betting is one of the best types of gambling

I agree with this, but I disagree with the following

where we can use our sports capping skills, we can win here in the long run as it's a skilled type of gambling, unlike other types which is only based on luck.~

I am certain that poker isn't based on luck entirely.

.
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June 03, 2021, 09:52:38 PM
 #347

If you are a person who live your life with what you earn and all of the sudden if there is no way to earn/there is no way to earn money due to lockdown don't go into gambling. This will completely destroy your life and creates issue in relationship. I assure this will happen, even if you don't have money for food request help with someone. You'll get your food, have it with peace than ending in frustration.

Some people when they lose their jobs or need additional income there are those who think of playing gambling, this will be the beginning of
their financial problems. Because gambling cannot be expected as a source of income, because there is no guaranteed strategy that allows us
to win continuously in gambling. I have seen several times gamblers whose lives ended badly after making gambling their source of income,
and many rich people become poor because they are addicted to gambling. Therefore, if we need money, don't even think about making money
through gambling, if it's just to get food. We can ask our friends or family for help, I am sure there will be good people who are willing to share the food.
The issue is that those people have a flawed thinking, it is obvious that if the majority of the gamblers could generate profits at the expense of the casino then casinos will not be in business anymore, so while there are a few pros out there that can make money with gambling, casinos for the most part are the only ones to obtain profits and I do not see this with bad eyes, it is just that people need to understand that this is the way it is and if they cannot then they need to stay away from gambling as the chances that they become addicted or develop some problems are high for them.
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June 03, 2021, 11:56:01 PM
 #348

If you are a person who live your life with what you earn and all of the sudden if there is no way to earn/there is no way to earn money due to lockdown don't go into gambling. This will completely destroy your life and creates issue in relationship. I assure this will happen, even if you don't have money for food request help with someone. You'll get your food, have it with peace than ending in frustration.

Some people when they lose their jobs or need additional income there are those who think of playing gambling, this will be the beginning of
their financial problems. Because gambling cannot be expected as a source of income, because there is no guaranteed strategy that allows us
to win continuously in gambling. I have seen several times gamblers whose lives ended badly after making gambling their source of income,
and many rich people become poor because they are addicted to gambling. Therefore, if we need money, don't even think about making money
through gambling, if it's just to get food. We can ask our friends or family for help, I am sure there will be good people who are willing to share the food.
The issue is that those people have a flawed thinking, it is obvious that if the majority of the gamblers could generate profits at the expense of the casino then casinos will not be in business anymore, so while there are a few pros out there that can make money with gambling, casinos for the most part are the only ones to obtain profits and I do not see this with bad eyes, it is just that people need to understand that this is the way it is and if they cannot then they need to stay away from gambling as the chances that they become addicted or develop some problems are high for them.
Each and every common man have the mind to make money. As a result they'll be looking for different opportunities. When something looks like an easy path, they simply get into it without any research about the issues that arise with time when we go unlucky. People need to stay out of gambling when they find it won't get us a win in life. There shouldn't be a never give up move on gambling.

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June 04, 2021, 02:16:30 AM
 #349

If you are a person who live your life with what you earn and all of the sudden if there is no way to earn/there is no way to earn money due to lockdown don't go into gambling. This will completely destroy your life and creates issue in relationship. I assure this will happen, even if you don't have money for food request help with someone. You'll get your food, have it with peace than ending in frustration.

Some people when they lose their jobs or need additional income there are those who think of playing gambling, this will be the beginning of
their financial problems. Because gambling cannot be expected as a source of income, because there is no guaranteed strategy that allows us
to win continuously in gambling. I have seen several times gamblers whose lives ended badly after making gambling their source of income,
and many rich people become poor because they are addicted to gambling. Therefore, if we need money, don't even think about making money
through gambling, if it's just to get food. We can ask our friends or family for help, I am sure there will be good people who are willing to share the food.
The issue is that those people have a flawed thinking, it is obvious that if the majority of the gamblers could generate profits at the expense of the casino then casinos will not be in business anymore, so while there are a few pros out there that can make money with gambling, casinos for the most part are the only ones to obtain profits and I do not see this with bad eyes, it is just that people need to understand that this is the way it is and if they cannot then they need to stay away from gambling as the chances that they become addicted or develop some problems are high for them.
Each and every common man have the mind to make money. As a result they'll be looking for different opportunities. When something looks like an easy path, they simply get into it without any research about the issues that arise with time when we go unlucky. People need to stay out of gambling when they find it won't get us a win in life. There shouldn't be a never give up move on gambling.
That's right, but at least I've personally experienced cases like this. I am someone who lived only with what I earned at the time, until finally I lost my job and then I just took advantage of the opportunities that were in front of my eyes and that was gambling. In the beginning and for at least a year I always got good results in sports betting even until I was able to buy a new smartphone at that time. But the lack of control after winning big to greed made me spend all my money in gambling and after that, I started to walk away from it slowly and even if I have to gamble at least I do it with full control.

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June 04, 2021, 03:45:29 AM
 #350

If you are a person who live your life with what you earn and all of the sudden if there is no way to earn/there is no way to earn money due to lockdown don't go into gambling. This will completely destroy your life and creates issue in relationship. I assure this will happen, even if you don't have money for food request help with someone. You'll get your food, have it with peace than ending in frustration.

Some people when they lose their jobs or need additional income there are those who think of playing gambling, this will be the beginning of
their financial problems. Because gambling cannot be expected as a source of income, because there is no guaranteed strategy that allows us
to win continuously in gambling. I have seen several times gamblers whose lives ended badly after making gambling their source of income,
and many rich people become poor because they are addicted to gambling. Therefore, if we need money, don't even think about making money
through gambling, if it's just to get food. We can ask our friends or family for help, I am sure there will be good people who are willing to share the food.
The issue is that those people have a flawed thinking, it is obvious that if the majority of the gamblers could generate profits at the expense of the casino then casinos will not be in business anymore, so while there are a few pros out there that can make money with gambling, casinos for the most part are the only ones to obtain profits and I do not see this with bad eyes, it is just that people need to understand that this is the way it is and if they cannot then they need to stay away from gambling as the chances that they become addicted or develop some problems are high for them.
Each and every common man have the mind to make money. As a result they'll be looking for different opportunities. When something looks like an easy path, they simply get into it without any research about the issues that arise with time when we go unlucky. People need to stay out of gambling when they find it won't get us a win in life. There shouldn't be a never give up move on gambling.
Sometimes the person starts gambling because he is hopeless of raising his life standards through his job due to a low wage, for an example, or maybe the person doesn't have a job, what is even worse, but a common situation nowadays. For people like this gambling becomes the only possible solution, because there is the promise that pennies can become million, with some luck.
Otherwise, they will just live to pay bills, without being possible to make some significant financial progress. Without any perspectives on the horizon, gambling becomes the economical savior. Anyway it's a big mistake and another alternatives must be always chased, although they might not be clear on the present moment.

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Silberman
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June 06, 2021, 10:06:44 PM
 #351

If you are a person who live your life with what you earn and all of the sudden if there is no way to earn/there is no way to earn money due to lockdown don't go into gambling. This will completely destroy your life and creates issue in relationship. I assure this will happen, even if you don't have money for food request help with someone. You'll get your food, have it with peace than ending in frustration.

Some people when they lose their jobs or need additional income there are those who think of playing gambling, this will be the beginning of
their financial problems. Because gambling cannot be expected as a source of income, because there is no guaranteed strategy that allows us
to win continuously in gambling. I have seen several times gamblers whose lives ended badly after making gambling their source of income,
and many rich people become poor because they are addicted to gambling. Therefore, if we need money, don't even think about making money
through gambling, if it's just to get food. We can ask our friends or family for help, I am sure there will be good people who are willing to share the food.
The issue is that those people have a flawed thinking, it is obvious that if the majority of the gamblers could generate profits at the expense of the casino then casinos will not be in business anymore, so while there are a few pros out there that can make money with gambling, casinos for the most part are the only ones to obtain profits and I do not see this with bad eyes, it is just that people need to understand that this is the way it is and if they cannot then they need to stay away from gambling as the chances that they become addicted or develop some problems are high for them.
Each and every common man have the mind to make money. As a result they'll be looking for different opportunities. When something looks like an easy path, they simply get into it without any research about the issues that arise with time when we go unlucky. People need to stay out of gambling when they find it won't get us a win in life. There shouldn't be a never give up move on gambling.
Our desire to improve our current situation is what has brought all the technological advances that we have so that is a good thing, but when we pair this with laziness and a desire to do so without exerting any effort that is when we see all kind of bad things happening, gambling is great as a form of entertainment as it is incredibly fun and if you are gambling online you can get a lot of fun for a small cost, but if your desire is to make money then you will need to use a big capital and sooner or later you will lose it creating an even greater urge to gamble and win creating a self-reinforcing cycle from which it is difficult to escape.
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June 07, 2021, 08:15:01 AM
 #352

Gambling is just for entertainment. You can not think that gambling can be the way to make money because it is hard to make money from winning games. Besides that, if you want to win the gambling games, you need to have luck. But some people out there will have their chance to win because they have luck. As long as you can know how to become a responsible gambler, you can enjoy the game, and who knows, you can also win the game. But do not even think to chase the winning because that will not easy.

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yazher
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June 07, 2021, 09:02:29 AM
 #353

Gambling is just for entertainment. You can not think that gambling can be the way to make money because it is hard to make money from winning games. Besides that, if you want to win the gambling games, you need to have luck. But some people out there will have their chance to win because they have luck. As long as you can know how to become a responsible gambler, you can enjoy the game, and who knows, you can also win the game. But do not even think to chase the winning because that will not easy.

When they see it as a moneymaker, that's when the time they will get addicted and the result is not pleasing because most of the time when their perspective has changed about gambling, they will become addicted and probably lost their senses when it comes to their bet as some people won't care even though they bet their monthly salary just to ease their addiction and the result will be bankruptcy which will become the worse problem they will ever have in their life.

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Betwrong
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June 07, 2021, 10:40:32 AM
 #354

~
Sometimes the person starts gambling because he is hopeless of raising his life standards through his job due to a low wage, for an example, or maybe the person doesn't have a job, what is even worse, but a common situation nowadays. For people like this gambling becomes the only possible solution, because there is the promise that pennies can become million, with some luck.
Otherwise, they will just live to pay bills, without being possible to make some significant financial progress. Without any perspectives on the horizon, gambling becomes the economical savior. Anyway it's a big mistake and another alternatives must be always chased, although they might not be clear on the present moment.


It's true that one can get a life changing amount through gambling, especially with Lottery. Slots also provide this opportunity, only to a lesser degree. There are many people who won millions playing poker too, but for people with low or no income it's hardly an option, because you have to buy very expensive tickets, worth thousands, to have a chance of winning a million. So we are basically down to lottery and slots, if we are aiming for low-risk and high-reward option. But we should really make it low-risk, if we don't want to go bankrupt, meaning we shouldn't buy a lot of lottery tickets "to increase our chances", neither should we play slots "until we hit it". We can try our luck there, and in the case of a loss just accept it and move on.

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AicecreaME
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June 07, 2021, 12:11:34 PM
 #355

If you are a person who live your life with what you earn and all of the sudden if there is no way to earn/there is no way to earn money due to lockdown don't go into gambling. This will completely destroy your life and creates issue in relationship. I assure this will happen, even if you don't have money for food request help with someone. You'll get your food, have it with peace than ending in frustration.

I agree with you, if we lose our job we shouldn't look at gambling as our new source of income. There is a lot of risk involved in gambling, its very similar to trading. Even with the best strategy we don't have a guarantee of winning. So rely on gambling is just wrong. We should only use money that we can afford to lose.

Relying on just one "source" of income (gambling) is like giving yourself more problem financially, because playing gambling doesn't mean you're gonna make profits on it instantly just like what you read on a certain article that hit the jackpot and went home with a huge amount of money, that doesn't go that way every time, and to every people who'll play gambling.

Those who treat gambling as a way to make money never really make money on it, it's the other way around. Gambling is just an escape on reality, that's why most of the people called it "entertainment" and some of them just got lucky to be able to win the jackpot. It's once in a lifetime situation that could never happen twice on the same person.
carlisle1
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June 07, 2021, 07:26:50 PM
 #356

~
Sometimes the person starts gambling because he is hopeless of raising his life standards through his job due to a low wage, for an example, or maybe the person doesn't have a job, what is even worse, but a common situation nowadays. For people like this gambling becomes the only possible solution, because there is the promise that pennies can become million, with some luck.
Otherwise, they will just live to pay bills, without being possible to make some significant financial progress. Without any perspectives on the horizon, gambling becomes the economical savior. Anyway it's a big mistake and another alternatives must be always chased, although they might not be clear on the present moment.


It's true that one can get a life changing amount through gambling, especially with Lottery. Slots also provide this opportunity, only to a lesser degree. There are many people who won millions playing poker too, but for people with low or no income it's hardly an option, because you have to buy very expensive tickets, worth thousands, to have a chance of winning a million. So we are basically down to lottery and slots, if we are aiming for low-risk and high-reward option. But we should really make it low-risk, if we don't want to go bankrupt, meaning we shouldn't buy a lot of lottery tickets "to increase our chances", neither should we play slots "until we hit it". We can try our luck there, and in the case of a loss just accept it and move on.

Logically right, this scenario in life really give opportunities to change your financial status,
if lucks permits you to win then everything in regards to your financial aspect will go and be changed together with you,

Not easy though to control yourself in aiming to get a much wider chances, without any control you'll find yourself losing more than you expect.

Think before taking any actions, every move that you take needs you to have full responsibilities.
mig6r
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June 08, 2021, 01:20:34 AM
 #357

Gambling is just for entertainment. You can not think that gambling can be the way to make money because it is hard to make money from winning games. Besides that, if you want to win the gambling games, you need to have luck. But some people out there will have their chance to win because they have luck. As long as you can know how to become a responsible gambler, you can enjoy the game, and who knows, you can also win the game. But do not even think to chase the winning because that will not easy.

That's true and for example even if you look at the best poker players out there, the big names from a decade ago, I was surprised to find out that many of them (or at least some) are broke today. A losing streak or I don't know, maybe overspending and wrong lifestyle, just lost their minds or so. It is tough to stay healthy in your mind if you didn't earn the money with hard work in the physical sense. I know some will now say Poker can be hard, yet it can, but tell that a guy who works in a coal mine.

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ethereumhunter
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June 08, 2021, 03:56:45 AM
 #358

When they see it as a moneymaker, that's when the time they will get addicted and the result is not pleasing because most of the time when their perspective has changed about gambling, they will become addicted and probably lost their senses when it comes to their bet as some people won't care even though they bet their monthly salary just to ease their addiction and the result will be bankruptcy which will become the worse problem they will ever have in their life.
Unfortunately, most of them will see it as a moneymaker and not get entertained. Their passion for gambling will be bigger, especially if they see that a gambler can win the money. They will think that they can also get the money if they gamble for some time. But that will not be a good idea for them as they must think about how good their luck is to playing gambling. When it comes to addiction, people tend to spend more money, even if that comes from their salary, because their purpose is to win the game.

That's true and for example even if you look at the best poker players out there, the big names from a decade ago, I was surprised to find out that many of them (or at least some) are broke today. A losing streak or I don't know, maybe overspending and wrong lifestyle, just lost their minds or so. It is tough to stay healthy in your mind if you didn't earn the money with hard work in the physical sense. I know some will now say Poker can be hard, yet it can, but tell that a guy who works in a coal mine.
More big names are involved in gambling, but the media do not expose them, so we do not know by clear. That is the impact of addiction to gambling and if you do not realize what happened to yourself, you will end like them. If you can work hard to earn money and have a healthy mind to think that gambling is just for fun, you do not have to worry about becoming addicted to gambling.

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June 08, 2021, 05:02:52 AM
 #359

If you mean they are never going to recover it through gambling, I agree, the probability of earning money with gambling is low. But recovering through another activity is very much possible.
And I might also add that together with low chance of gaining profits in gambling, only a select few games that you can do it and most of them is that you need to have a certain level of skill if you want to make a decent profit like poker and blackjack.
Poker and blackjack really require good skill and precision to win
some people have even proven themselves to be rich from poker and blackjack

but not a few also suffered severe losses, they thought they had the ability, in fact they didn't
The point is, don't make gambling a job to fulfill your life's needs

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June 08, 2021, 10:03:09 AM
 #360

If you mean they are never going to recover it through gambling, I agree, the probability of earning money with gambling is low. But recovering through another activity is very much possible.
And I might also add that together with low chance of gaining profits in gambling, only a select few games that you can do it and most of them is that you need to have a certain level of skill if you want to make a decent profit like poker and blackjack.
Poker and blackjack really require good skill and precision to win
some people have even proven themselves to be rich from poker and blackjack

but not a few also suffered severe losses, they thought they had the ability, in fact they didn't
The point is, don't make gambling a job to fulfill your life's needs
Without skills and precision, I do not think they can easily win from the opponent.
But in poker, we also need to be responsible gamblers not to lose too much money.
Besides that, in any gambling game, be a responsible gambler is a must.
When you lose your money in gambling, you do not have to think about recovering the losses on that day because you can lose more money.
Maybe you can try to recover in the other days, and who knows, you will have the luck to win and recover the losses.
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