Pros and Cons of Gambling

[Ryker1]

Everyone here plays gambling.
-snip

It's a joke I guess. I don't think many people posting here play gambling in reality. But to answer your question I would quote an advantage : gambling helps you to understand what chances/risks and probabilities represent in real life and it helps you to evaluate them in a more accurate way.

How can you say that people on the gambling board are actually not the gamblers? If that is the case, then how come they are so active on gambling boards and have full knowledge of all the gambling techniques, gambling sites, and all such stuff. Do you have any evidence to prove that people here are not actual gamblers.  

Well that exactly has a point there.
How can you relate the story if you are not a gambler, how can you join the discussion if you don't know how to gamble and I think there is nothing that you can share because you did not experience how to gamble. Perhaps they are not experts in gambling but still, they are able to gamble just for fun because gamble your hard-earned money is very tough to make a decision, sometimes I am thinking to save my money than playing gambling which is I am in very crisis status.

[wxa7115]

Everyone here plays gambling. Some win a lot of money, others lose their life saving and most of us are in no profit no loss situation. We win some and lose some and keep on enjoying the game.
Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

The most obvious pro of gambling is the fun you get with it, obviously there are many ways to entertain yourself in the world of today but there is still something very attractive in gambling a little bit of money once in a while, now when it comes to the cons it depends on how invested you are in the hobby.

If you are just an occasional player then there is almost no con as whatever you pay for your gambling hobby is probably similar to what you would spend with almost any other hobby, however if a person begins to lose control of their gambling then that is when things could get ugly and then you begin to lose massive amounts of cash.

[samcrypto]

Gambling is too risky and the pros and cons depends on how you see gambling, but in general gambling are more on the cons since its more on expense than profit which is no guarantee at all. We cannot say gambling is profitable since luck should always be with you and the probability to win on many games is very low especially on slot machines. Know how much risk you can take with gambling, list your own pros and cons and assess it properly to know if its ok to keep on gambling or not.

[dothebeats]

Cons definitely outweigh the pros of gambling. There'snot much to say about it except that you are bound to lose in gambling in the long run. Sure, you may have been winning a lot on your first few sessions, but after some time, the house will eat at all your winnings and you'll be left with less than what you have before you started. This is why it's important for people to weigh the risks and rewards very thoroughly before engaging in something risky such as gambling.

[hyudien]

There's no need to be a biased thing anymore because it's not just gambling. Everything always has two opposing sides. In our life, there are only 2 good and bad. In any case, it has become a stipulation. Regarding gambling, the pros and cons are common. Moreover, we live in an environment where rules and laws make everything narrow and always limit the freedom we want. whether we want to or not, we have to obey, but sometimes we definitely break these rules for the sake of a desire for satisfaction.

Talking about the pros and cons of gambling will never come to an end, it will continue to go according to its cycle while we are in an environment that has its own rules regarding gambling policy.

What is the solution? nothing, it comes back to us: as long as we gamble not harming other people, as long as the money we get is not from stealing, not from borrowing, everything will not be too big of a problem. what about the risk of defeat? we are adults and what we choose means we have agreed.

That's how simple gambling is for us or for gamblers who are new to gambling. All always have 2 conflicting consequences. It depends on which direction we will choose.

[Fortify]

Everyone here plays gambling. Some win a lot of money, others lose their life saving and most of us are in no profit no loss situation. We win some and lose some and keep on enjoying the game.
Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

The most obvious pro of gambling is the fun you get with it, obviously there are many ways to entertain yourself in the world of today but there is still something very attractive in gambling a little bit of money once in a while, now when it comes to the cons it depends on how invested you are in the hobby.

If you are just an occasional player then there is almost no con as whatever you pay for your gambling hobby is probably similar to what you would spend with almost any other hobby, however if a person begins to lose control of their gambling then that is when things could get ugly and then you begin to lose massive amounts of cash.

I'd say that there is a certain type of gambling that can be very beneficial to a small set of people. Skilled games, where it is possible to play against other players to gain a foreseeable advantage - whether this is poker, chess or a game of monopoly. Having knowledge of how to calculate odds or strategist against other players can be a powerful skill in life. It can teach you to analyze situations using all available (even if limited) sources of information, whether the means reading "tells" by other players or simply sticking to long term implied odds to almost guarantee a small margin of wins. When to apply pressure to your advantage can be another element of cunning that the right training can teach you and perhaps persistence - it often takes a long time to master any skill, many people will fall. However the first step is distinguishing games where you can gain a real advantage and not an illusion - like 3 card poker games that certain casinos like to push (which are engineered for the house to always win).

[TinaK]

Gambling is too risky and the pros and cons depends on how you see gambling, but in general gambling are more on the cons since its more on expense than profit which is no guarantee at all. We cannot say gambling is profitable since luck should always be with you and the probability to win on many games is very low especially on slot machines. Know how much risk you can take with gambling, list your own pros and cons and assess it properly to know if its ok to keep on gambling or not.

Exactly, most of them are cons which is very risky on us as gamblers.
In this way, we should put a limit on ourselves most especially when it comes to financial managing which is will be going to ruin your life once you can't control it. As a gambler, these pros and cons are always considered should have full awareness. Be responsible always in gambling because it could destroy your life once you will there.

[adzino]

It's a joke I guess. I don't think many people posting here play gambling in reality. But to answer your question I would quote an advantage : gambling helps you to understand what chances/risks and probabilities represent in real life and it helps you to evaluate them in a more accurate way.

How is that an advantage? Why would you need to gamble to learn about risks and probability. Gambling doesn't represent anything of those in real life. Gambling doesn't help you evaluate risks in more accurate way. The risks you take gambling is totally different from those you would have taken while doing something else. Gambling depends on completely on luck. If you are doing business with risk, the outcome will depend totally on how you to the business. You have control over the risk. But in gambling you don't. The cons of gambling is way more than that of pros.

[goinmerry]

Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

I don't think that by discussing those, newcomers will truly understand it.

Better let them know to themselves the pros and cons of doing gambling while they are doing it. They need to experience the actual feeling of being winning and losing and from there, let's see if what will be the effect of it in the long run.

Will they become responsible? discpline? Only them know.

[Lanatsa]

Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

I don't think that by discussing those, newcomers will truly understand it.

Better let them know to themselves the pros and cons of doing gambling while they are doing it. They need to experience the actual feeling of being winning and losing and from there, let's see if what will be the effect of it in the long run.

Will they become responsible? discpline? Only them know.

Not necessary but most of the time it would really be kind of this way on where people do only learn when they do experience for themselves before they would able to learn but its not necessary as

you could able to avoid for yourself if you able to hear or read up others experiences towards gambling.Not all would really be ending up on happy ending specially on a thing
that do matter most with luck.

You would definitely know the pros and cons when you do able to experience it for yourself.

[Zilon]

Gambling like everything else has it's own pros and cons although the disadvantage is far more compared to its advantages. Going by statistics if we try comparing both the pros and crons we see that at some point addictors keep multipling due to greedy gamblers who wants to get back at their bets. For now I think the only advantage gambling has is it's self employed attributes although it's not a job opportunity but if managed properly it could serve as a means of meeting some needs even with it's risky nature

[passwordnow]

If you take it as an entertainment, then have some advantages. But if you take it as a earning source then lots of disadvantages you have to face. Patience is the key to success in gambling. Gambling teaches you how to keep patience. When and how do you take right decision gambling teache you. Worst disadvantage is you lost your emotions and wealth. Day by day you fall in deep depression.

AFAIK, patience is more applicable in investing and trading. IMO even if you're patient in gambling, what's next? are you going to be successful after that? No.
There's so much a lot of things needed for you to have that description of being successful there. It takes a lot of courage for one to be called successful in gambling and the reality is that, not that many sees that success.

[Sled]

If you take it as an entertainment, then have some advantages. But if you take it as a earning source then lots of disadvantages you have to face. Patience is the key to success in gambling. Gambling teaches you how to keep patience. When and how do you take right decision gambling teache you. Worst disadvantage is you lost your emotions and wealth. Day by day you fall in deep depression.

AFAIK, patience is more applicable in investing and trading. IMO even if you're patient in gambling, what's next? are you going to be successful after that? No.
There's so much a lot of things needed for you to have that description of being successful there. It takes a lot of courage for one to be called successful in gambling and the reality is that, not that many sees that success.

The only thing that I could see is that gambling will please someone who has been tired/bored from their job. But if we are talking about earning money from here, well, isn't that possible but it needs luck and knowledge. And so much we can't rely upon in here when income to generating income for the family. 

It has to say that addiction is a big problem in gambling but that can be stopped as long as we want to. If we can manage to control ourselves and know our limitations, that is not a problem. We are just making fun in gambling and that was the thing we were supposed to do.

[Distinctin]

If you take it as an entertainment, then have some advantages. But if you take it as a earning source then lots of disadvantages you have to face. Patience is the key to success in gambling. Gambling teaches you how to keep patience. When and how do you take right decision gambling teache you. Worst disadvantage is you lost your emotions and wealth. Day by day you fall in deep depression.

AFAIK, patience is more applicable in investing and trading. IMO even if you're patient in gambling, what's next? are you going to be successful after that? No.
There's so much a lot of things needed for you to have that description of being successful there. It takes a lot of courage for one to be called successful in gambling and the reality is that, not that many sees that success.

The only thing that I could see is that gambling will please someone who has been tired/bored from their job. But if we are talking about earning money from here, well, isn't that possible but it needs luck and knowledge. And so much we can't rely upon in here when income to generating income for the family. 

It has to say that addiction is a big problem in gambling but that can be stopped as long as we want to. If we can manage to control ourselves and know our limitations, that is not a problem. We are just making fun in gambling and that was the thing we were supposed to do.

Making money in gambling is possible but this kind of job is not for everyone as only a few are chosen to possess the skills to be successful. Most of us will eventually lose so we just have to enjoy gambling, at least knowing the risk is very important as it will ensure us to be safe even if we lose.

[carlfebz2]

If you take it as an entertainment, then have some advantages. But if you take it as a earning source then lots of disadvantages you have to face. Patience is the key to success in gambling. Gambling teaches you how to keep patience. When and how do you take right decision gambling teache you. Worst disadvantage is you lost your emotions and wealth. Day by day you fall in deep depression.

AFAIK, patience is more applicable in investing and trading. IMO even if you're patient in gambling, what's next? are you going to be successful after that? No.
There's so much a lot of things needed for you to have that description of being successful there. It takes a lot of courage for one to be called successful in gambling and the reality is that, not that many sees that success.

The only thing that I could see is that gambling will please someone who has been tired/bored from their job. But if we are talking about earning money from here, well, isn't that possible but it needs luck and knowledge. And so much we can't rely upon in here when income to generating income for the family.  

It has to say that addiction is a big problem in gambling but that can be stopped as long as we want to. If we can manage to control ourselves and know our limitations, that is not a problem. We are just making fun in gambling and that was the thing we were supposed to do.

Making money in gambling is possible but this kind of job is not for everyone as only a few are chosen to possess the skills to be successful. Most of us will eventually lose so we just have to enjoy gambling, at least knowing the risk is very important as it will ensure us to be safe even if we lose.

It wasnt a job in the first place because gambling is for leisure and theres no other thing that people should be minding or treating it off because this would really be messing up your finances if you do consider it as a

job or income because gambling doesnt work that way.Play on the amount which you could afford to lose, if you are lucky then you would make money but if not then you would lose it out as simple as that.
Gamble for fun and not making a living with it and you'll be fine.

[chaser15]

Gambling does have some advantages but also it has its disadvantages. It will be better if the pros and cons of gambling be discussed extensively so people especially the newcomers know what they can expect from gambling.

I think the best advice that newcomers can get is to try to be responsible for their money and not the pros and cons of doing gambling. As a gambler, let's explain to them that we should treasure all our risks money in gambling and don't always have the mindset of only gambling that afford to lose. Even how small it is, it should be won no matter what.

We can also explain to them the difference between luck-based gambling, strategy-based, and sports betting. In that way, they will realize the meaning of the pros and cons of gambling when they play this types of gambling.

[ralle14]

One of the main upsides of gambling is the entertainment it brings as people get hooked by the feeling you'd get from winning and the uncertainty it brings, no matter how the odds are usually stacked against the gamblers there are still a lot of people that still go and spend money.

As for the downsides, it's already obvious as we know how gambling could be disruptive and addicting, the same can be said for other activities but gambling is one of the worst as you can easily put yourself in a tough position if you lose control.

[jrrsparkles]

You can make money and you can lose your money that is the both sides of gambling, there are other issues we can name but money is the main factor when it comes to gambling because there are lot other entertainment sectors are there but nothing isn't addictive as gambling.

[uneng]

In my opinion the main pro is that gambling industry is big and wealthy, creating jobs opportunities for many people where it is well established, being it land based or just virtual model like the casinos we have being promoted on this forum. Many people here have an income through signature campaigns thanks to the gambling industry, so they can feed their families, make their investments and thrive their financial life, while others have a gambling income promoting casinos at youtube or at their own reviews' websites, earning from general ads or directly from the casinos they promote. Moreover, there are those who work for the gambling platforms on the management, support, marketing or technical sectors to keep the sites working clean and competitive among their competitors.

If we include land based casinos the range of created jobs increases even more, because there are the engineers and architects who project the casinos blueprints and structures, contractors who execute the constructions, casino's employees in general, waiters, security guards, cooks and artists who entertain the customers...

The cons is that if you can't take the responsability for your money and your own acts, you may end going bankrupt, so instead of being benefited by the industry by working on it or just by having fun while respecting your financial limits, you will screw it all. But keep in mind it always depend on you if gambling is going to have a positive or negative effect on your life.

[aioc]

You can make money and you can lose your money that is the both sides of gambling, there are other issues we can name but money is the main factor when it comes to gambling because there are lot other entertainment sectors are there but nothing isn't addictive as gambling.

But the chances to lose money in gambling is relatively high than making, gambling is very tempting you imagine you can double your money back if you have the right bet, take a look at our favorite dice game, many newbies thought that they can get their money back and win using martingale on one look and looks easy but failed to realized that the string of losses in a row can go up to 15 or higher and busted all your bankroll, if you failed to realized that the house edge always have a chance to win than yours you are n trouble of losing everything, so play moderately and only money that you can afford to lose.