Casino can play a role in changing fortune?

[GigaBit]

Many of us who play casinos, suffer more or less. Many are blaming it again that it is a money-losing machine. In this regard I would like to share a success history by playing casino game. It is only for knowing the truth especially those are don't know the fact.

Many of us may know the name of an international courier service known as FedEx. This courier service company headquarter is in Tennessee, USA. FedEx currently distributes about 1.2 billion parcels a year in 220 countries with an annual revenue of about 3 billion. Smith, founder of FedEx, started his business with 84 million us dollar. At that time he started operations in 35 countries with 8 planes. But at one stage, the price of plane fuel increased and that contemporary time courier service did not become very popular. His company is on the verge of bankruptcy. Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

[swogerino]

Many of us who play casinos, suffer more or less. Many are blaming it again that it is a money-losing machine. In this regard I would like to share a success history by playing casino game. It is only for knowing the truth especially those are don't know the fact.

Many of us may know the name of an international courier service known as FedEx. This courier service company headquarter is in Tennessee, USA. FedEx currently distributes about 1.2 billion parcels a year in 220 countries with an annual revenue of about 3 billion. Smith, founder of FedEx, started his business with 84 million us dollar. At that time he started operations in 35 countries with 8 planes. But at one stage, the price of plane fuel increased and that contemporary time courier service did not become very popular. His company is on the verge of bankruptcy. Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

Nice story,I didn't know this one.There are very few persons on earth compared to the earth population which in percentage is less than 0.0000001% that have experienced a life changing event by going to a casino.These people are the ones who have hit a multi million dollar jackpot,only this can be considered a true life changing event.I have seen people winning small jackpots from 50.000 dollars up to 250.000 dollars but most of the time they have lost it again,while winning a multi million dollar jackpot can at least change your life for a minimum of 5-10 years even if you gamble that money away.

[Bttzed03]

Gambling the remaining money is not the ideal way but it's still one of the few cases of winnings spent wisely.

I'm following the story of this user who won $170K at Rocketpot. While there is still uncertainty that he/she will get them all due to the casino's withdrawal limits and liquidity, that amount is already life changing to many people. We don't know for sure how he'll use it but it will certainly help his/her family. It would be great if he/she could make that money grow and come back here to share the story.

[Wexnident]

Looked up a bit and it seems that $27k was a lifesaver for them. It managed to keep the company up and running for a week which enabled them to basically make a comeback, basically turning the entire situation around. I also liked how the mindset of the founder was like, "We're doomed anyway, might as well try doing something with it". A true kind of YOLO moment for them. Honestly wouldn't even consider doing it at that moment if I was in their position, especially even considering to turn to gambling at that point.

[Mauser]

He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.

I am not sure if this is really a good success story for gambling. There are a few issues with the story that are not really good in my opinion. First of all, going to visit a casino with a "depressed mind" is the wrong state of mind before gambling. Personally I only try to gamble when I feel good, because when losing in a casino everything feels worse. So if I am already in a bad mood before by gambling session I would be afraid to downward spiral into a depression after losing money. Gambling with $5,000 as a CEO seems alright, his salary must have been quite high even during the startup phase. But making it to $27,000 within a week doesn't seem so live changing for such a huge company like FedEx. With that money you could have maybe bought one new delivery truck, or hire a few more employees. Not sure if it was worse it to spend one week for that money. Couldn't he just get a loan that is much larger and spend the week working to advance his business? We shouldn't forget the opportunity cost of gambling for a whole week and not being in the office working.

[traderethereum]

Maybe it was a bet for him because he felt that with not enough money, he continued to run his business and remained convinced that one day his business would succeed and he finally proved it.
I think there have been many business ventures like the story you shared and there have also been many successful business ventures with only small capital but can generate a lot of money.
But we know that those who can succeed with their efforts must have careful calculation and can face all obstacles well.
This is what distinguishes gambling in casinos and gambling in business.

[Jemzx00]

Nice story,I didn't know this one.There are very few persons on earth compared to the earth population which in percentage is less than 0.0000001% that have experienced a life changing event by going to a casino.These people are the ones who have hit a multi million dollar jackpot,only this can be considered a true life changing event.I have seen people winning small jackpots from 50.000 dollars up to 250.000 dollars but most of the time they have lost it again,while winning a multi million dollar jackpot can at least change your life for a minimum of 5-10 years even if you gamble that money away.

I beg to disagree with your opinion that only a very few percent of gamblers have experience life changing success. If you think that winning multi million dollars is the only way for you to experience life changing success then you're wrong. It actually depends on the individual and how he will manage his funds and winnings on the casino. Just as you've said, you already saw a lot of people who won more than 50,000 dollars. More than 50,000 dollars may change an individuals life depending on how he managed his winnings as not all of them lose these.

Based from the story above, 27,000 dollars is more than enough to change his life situation as he invested his money on his own company.

[Zilon]

What if it turned out that Smith lost the entire $5000 he would maybe had committed suicide or would have gone completely bankrupt. Casino can actually play a role in changing fortunes but the chances are slim. What worked for Smith might not work for Dick that was a big risk although it turned out positive but my concern is what if everything was lost we should also consider this part

[madnessteat]

~snip~

This is one of those stories that ended well. But if you look at this situation from the other side, you will realize that he won this money thanks to the people who lost it, because the gambling market is a zero-sum market. If someone wins, then someone is bound to lose.

And Smith was really good at stopping in time and investing in the business instead of losing money the next day.

[Pierre 2]

Its a good story, im surprised. Never heard any business level success story that involved gambling. I think I can agree that gambling can change lives. If you hit jackpot, if you make million dollar or hundred thousands of dollars, your life will obviously change. But what if you spend your whole money but not hit anything. I also imagined same guy, gambling his last money and loses it all. His business would be already dead now. So its really about luck.

[Maus0728]

Some interesting information about this guy

- He was indicted in 1975 for faking his sister's signature to gain unauthorized access to their family's trust fund[1].

And it is clear that he in it for the money. I was thinking that perhaps, it has something to do with his business during that time or he has personal gambling issues.

[1] https://www.browncafe.com/community/threads/a-few-facts-about-fred-you-should-know.348410/

[boyptc]

Great story and that's part of his history now.

But as a businessman, going with the casino with your last capital or money isn't really ideal. Many he just got really lucky and we can tell that it has changed his life then after that.

Although it's not just all about gambling but mainly his way of managing his business and that's why it has grown. Having that said, it's a very rare occassion to have the same story as his.

[Rruchi man]

Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week.

He was just lucky i suppose, but how many users are this lucky? what if he had lost the money, he was already depressed if he had lost more possibly he may have ended his life. There are many other scenarios that could have played out if not for luck. I agree that casinos can play a role in changing fortunes when one is lucky, but how do you know when you look will play out or not, is the big question?

Analysing how Mr Smith entered the casino, I am setting he had no intentions whatsoever to win, he most probably just came to play and have some fun maybe as a solution to his depression. in my opinion I think our intentions when playing in casinos matter a lot. if you play with an intent to win you might over analyse situations and make mistakes in the process. but when you play more freely, maybe just for fun,  luck may shine on you.

[Reid]

Betting the last money. Just thinking about it gives me the chills.
It may be a success but not everyone will have the same luck as he did. It should not be recommended to anyone whose company is in the verge of bankruptcy. There are other options like bank loans to save the business and I would rather add that remaining $5k to save it. So I would need just $22k more.
I am glad it all worked out for him though.

[Despairo]

I'm following the story of this user who won $170K at Rocketpot. While there is still uncertainty that he/she will get them all due to the casino's withdrawal limits and liquidity, that amount is already life changing to many people. We don't know for sure how he'll use it but it will certainly help his/her family. It would be great if he/she could make that money grow and come back here to share the story.

This is the bad side of online casino, if you win very big than your aggregate losses or didn't wager a lot, most of the cases the casino wouldn't pay the winning amount since they're trying to find your fault to confiscate your winning. It's true house edge make the casino will always win in the future, but no one can control the luck. So if it's a day for that's gambler, he could beat the house edge.

[fiulpro]

Ofcourse they can but the probability of that happening is closer to none, therefore at the end of the day some people might not even try, I know a few uncle of mine who have been buying lottery tickets and for them the best part of their life would be winning one, but unfortunately her is now 55 and doing that since he was a child as well.

I do think the way to proceed with these things would be to accept and understand that you might not win and therefore in an event that you have a positive outcome, you would be able to enjoy it, I know negative thinking might turn some faces but at the end of the day I do believe, it's the best way to go about in terms of gambling.

[Boristhecat]

Many of us who play casinos, suffer more or less. Many are blaming it again that it is a money-losing machine. In this regard I would like to share a success history by playing casino game. It is only for knowing the truth especially those are don't know the fact.

Many of us may know the name of an international courier service known as FedEx. This courier service company headquarter is in Tennessee, USA. FedEx currently distributes about 1.2 billion parcels a year in 220 countries with an annual revenue of about 3 billion. Smith, founder of FedEx, started his business with 84 million us dollar. At that time he started operations in 35 countries with 8 planes. But at one stage, the price of plane fuel increased and that contemporary time courier service did not become very popular. His company is on the verge of bankruptcy. Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

An interesting story, but I would not agree with the conclusions that are suggested here. It seems to me that the main figure here is the founder of the company, and circumstances may not have played any role at all - for example, if he had lost these 5,000 dollars, then I think he would not have been upset. On the contrary, he would clear his mind of doubts and stupid ideas about winning at the casino and in the same way would work with tripled energy and still succeed.

[cabron]

How true is the story?
A business man wouldn't really be that stupid to gamble his money knowing there is no assurance to win. But perhaps luck had helped him.

He has millions when he start FedEx, of course he has strategic plans. He didnt even stop there for the company strategically made a placement thru a bluckbuster movie "Cast Away" making FedEx very popular.

[Slow death]

Smith, founder of FedEx, started his business with 84 million us dollar.

If he started this business with 84 million US dollars then he was a very rich guy, I don't believe he didn't have other businesses because if he didn't have other businesses then how did he get 84 million US dollars?

He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week.

In this part there is something I need to understand, did he have 5000$ to play for fun or was it the last 5000$ he had? I can't believe the guy was so broke that he only got 5000$, he played managed to get 27000$ by luck and from what I can see he didn't play again, or did he?

How true is the story?

I honestly don't believe this story either.

[Cling18]

That's an interesting story. Yes, gambling can change people's fortune, it's either changing them to become successful and luxurious or depressed and hopeless because of losses.
If that's how the story went, Smith is wise in handling his funds but he took a big risk to change his path. He must be so lucky that he was able to get back on track but as a reminder, not everyone could get lucky as him.