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Author Topic: The Paradox of Gambling behavior  (Read 1398 times)
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May 19, 2022, 04:00:45 PM
 #221

Gambling meant for entertainment not for investment but the greediness hide under everyone's character kicks in and force them to risk and gamble which will create negative impact for the 99% of time, gambling addiction is also another reason for people even realize the risk factor can't stop them from doing so its better limit their gambling activities from the beginning itself will save them from losing money.
It's really far terminology between gambling and investment, gambling can be viewed as quick money games while investment is steady grow of your portfolio. Trading is more closer than investment since in trading you can made some profit in a day. However I really not understand how an addicts really obsessed to deposit more and more until he rekt. On my experiences when all of my bankroll wiped out, I will be sad and it will be a lesson for me to not lose it again on tomorrow.

I think that sometimes the player has that thought that if he lost he should get his money back and win more than what he invested, that is where the problem is, over time I have learned that I allocate a part of my money that I was willing to lose, if I lose it doesn't matter, I have fun, I keep that, if I win then it is an option that is always open, based on the fact that the house always wins, it is to know that when we play we will always have that disadvantage, all casinos will always win and that is That is why they were created to provide us with fun, we cannot compete against them, it is for this reason that when there is risk management in our money we can enjoy the most with an option to win.

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May 19, 2022, 09:26:03 PM
 #222

Now, if you look at gambling in a professional way, then it gets way more serious, and you might lose a lot of money while not having any fun.

The only thing that you can do is to choose games that have more favourable odds to you, and then use any kind of system that would allow you to be better at the game. Now, of course, pretty much anything that actually would work for you is not allowed in Casinos, etc, and they will be quick to kick you out.
When you're not having any fun with your bet and your sole purpose is to earn profit, pretty sure you want to recover your money to bet more and it will make you addicted to gambling.

The system you talking about is abusing the casino since you're trying to find the bugs or loophole, that's why they're kick you out. I'd say that's not a professional gambler, but more like a hacker or a bad guy who want to earn money by doing illegal stuffs.
Physical casinos at least do not distinguish from the gamblers that are just using their ability in the games to make money from those that are actually cheating, for them as long as you are making them lose money then you are considered a cheater, and in fact they keep a special book which they share with each other with a picture of each person they have caught, or at least that is the way it works within the US, so even if a person is just using card counting and earning some money that way, even if he is not really cheating as he is only using his mind to give himself an advantage over the casino he will be considered a cheater and end up in that book, something that has bothered card counters for decades as they do not think of themselves as cheaters.
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May 20, 2022, 06:06:25 PM
 #223

Gambling meant for entertainment not for investment but the greediness hide under everyone's character kicks in and force them to risk and gamble which will create negative impact for the 99% of time, gambling addiction is also another reason for people even realize the risk factor can't stop them from doing so its better limit their gambling activities from the beginning itself will save them from losing money.
It's really far terminology between gambling and investment, gambling can be viewed as quick money games while investment is steady grow of your portfolio. Trading is more closer than investment since in trading you can made some profit in a day. However I really not understand how an addicts really obsessed to deposit more and more until he rekt. On my experiences when all of my bankroll wiped out, I will be sad and it will be a lesson for me to not lose it again on tomorrow.

I think that sometimes the player has that thought that if he lost he should get his money back and win more than what he invested, that is where the problem is, over time I have learned that I allocate a part of my money that I was willing to lose, if I lose it doesn't matter, I have fun, I keep that, if I win then it is an option that is always open, based on the fact that the house always wins, it is to know that when we play we will always have that disadvantage, all casinos will always win and that is That is why they were created to provide us with fun, we cannot compete against them, it is for this reason that when there is risk management in our money we can enjoy the most with an option to win.


That's good because you're just allocating some of your funds and you know your limit and that you just gambled money that you can afford to lose, in the end, it's a win-win situation for the both party as the casino get that money while you on the other side had some fun and got entertained while gambling. If you win, that's just a bonus because your goal was just to have some fun.

Now, many people really have some hard time doing the same thing because their goal why they approached these casinos or gambling sites is to earn money. Surely they knew that the chances of getting lose is quite high than winning but they still chose do it.

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