Casino can play a role in changing fortune?

[TopT3ns]

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The story sucks to be honest. First of all because of the percentage you mention, but is there that much difference between $5,000 and $27,000? If he had said that $5,000 got him $500,000, it would seem to me to be a considerable difference.

And besides, it was the only way he could get that $22,000 difference? I don't know, maybe taking a loan to invest in his company would have made more sense.

I think when you keep gambling using borrowed money it's like committing suicide because there is no guarantee you can get a profit from gambling, it's better if you still need money to gamble, then you work and look for money and as much money as possible you use it for gambling. Gambling is not based on debt or the like because when you lose you will lose and be depressed.

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[CryptopreneurBrainboss]

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. 

Wait seems I'm not understanding this properly, you mean it took him about a week to earned that much after probably risking all his funds on the bet and not even a day bet. Even though he came out successful, that was a stupid move by Smith. The board members should ask him to set down as the CEO even though he's the founder of the company as he would probably take the company back into bankruptcy if he tries this again as there's every chance he would take the company funds for gambling in attempt to recreate this luck which will fail.

In no condition should you risk it all when betting even though you're 99% sure of coming out victorious. What would he had said assumings he lost it all like the majority out there. Stupid stories like this are the few percentage gamblers been lucky (probably first timer luck) and shoudn't be shared to encourage people into trying similar steps.

[rhomelmabini]

I think when you keep gambling using borrowed money it's like committing suicide because there is no guarantee you can get a profit from gambling, it's better if you still need money to gamble, then you work and look for money and as much money as possible you use it for gambling. Gambling is not based on debt or the like because when you lose you will lose and be depressed.

It is likely a suicidal attempt, it's a liability if it wouldn't make any profit unless it will turn the table and you hit a jackpot. It's good to gamble as long as you're not going all in and still thinking for yourself, the needs for everyday living and if you have family make sure it's intact until the day you've been compensated again.

[rahmad2nd]

The story sucks to be honest. First of all because of the percentage you mention, but is there that much difference between $5,000 and $27,000? If he had said that $5,000 got him $500,000, it would seem to me to be a considerable difference.

And besides, it was the only way he could get that $22,000 difference? I don't know, maybe taking a loan to invest in his company would have made more sense.

this is also what crossed my mind, getting luck on gambling that smith did at the casino in my opinion it was a natural thing but if it was invested in his own company it would not have a big impact especially if it was for the recovery of his company which was on the verge of bankruptcy. unless he gets a big loan to invest in his company, at least I think this makes a lot of sense. 

Regardless of the topic of this thread I agree that casinos can change a person's destiny regardless of being poor or earning really big money.

[livingfree]

People who are addicted to gambling are never good.  Gambling depends entirely on luck. If your luck is good then you will see that from a gamble you can change your luck at one stage. But in the case of gambling, I blame fate the most. Many people have changed their destiny a lot by focusing on this gambling. Again there are many people who have lost all meaning of their lives due to this gambling. I mean this gambling depends entirely on luck.

And with the story that has been given as an example, that made Smith on a better track but his story is really rare.

You barely see these stories that they're actual businessmen and usually, when they're into business, the first thing they avoid is gambling.

Because they know the effect of it but on this story, it's really like the bet that he's been waiting for his life time.

he just got lucky on this one. i hope people are not being hopeful that this kind of story will also happen to them. and with his gambling winnings, he used it wisely making his company a worldwide known freight company. not many people got their luck from gambling. but let's admit the fact that without his hard work, the company won't go anywhere.

Yes, no doubt.

He was just lucky on this one and the entire story will be different if he has lost. But if he's the pursuant businessman, he'll still find a way to fund his business and will on operating.

This is just like one part of his choice and there could be other options on him being awaited when he has lost on this choice for gambling.

[Boristhecat]

The story sucks to be honest. First of all because of the percentage you mention, but is there that much difference between $5,000 and $27,000? If he had said that $5,000 got him $500,000, it would seem to me to be a considerable difference.

And besides, it was the only way he could get that $22,000 difference? I don't know, maybe taking a loan to invest in his company would have made more sense.

Maybe the meaning of the story is that he took a risk in the casino and won, it gave him the courage to continue to take risks in business - instead of a reliable bankruptcy after which he would still have a lot of capital, he decided to keep the business to the very end and eventually won the jackpot. In general, it is rather silly to confuse gambling with business, but sometimes such comparisons really make sense because in business there are many external factors that are beyond our control and can be perceived as random.

[traderethereum]

The story sucks to be honest. First of all because of the percentage you mention, but is there that much difference between $5,000 and $27,000? If he had said that $5,000 got him $500,000, it would seem to me to be a considerable difference.

And besides, it was the only way he could get that $22,000 difference? I don't know, maybe taking a loan to invest in his company would have made more sense.

Maybe the meaning of the story is that he took a risk in the casino and won, it gave him the courage to continue to take risks in business - instead of a reliable bankruptcy after which he would still have a lot of capital, he decided to keep the business to the very end and eventually won the jackpot. In general, it is rather silly to confuse gambling with business, but sometimes such comparisons really make sense because in business there are many external factors that are beyond our control and can be perceived as random.

Maybe he had given up on what happened with all his money so he decided to gamble.
And unexpectedly, he was finally able to win a lot in a week and was finally able to help him to continue his business even though the money was still lacking.
No one thought that his fate would change and that he could get the luck that came at the right time so this is what is called the right person at the right time to get lucky.

[goldkingcoiner]

I think the very idea of becoming wealthy by gambling is a dangerous mindset to have. Anything which seems extremely unlikely (like winning millions or even hundreds of thousands) should not be ideas which you should entertain by risking your money.

Gambling is and always has been just for fun, by my way of thinking.

The more hope you give yourself that something unlikely will happen, the more you keep yourself at the gambling table even during times in which you should walk away once you have made an X amount of losses.

[kamvreto]

I think the very idea of becoming wealthy by gambling is a dangerous mindset to have. Anything which seems extremely unlikely (like winning millions or even hundreds of thousands) should not be ideas which you should entertain by risking your money.

Gambling is and always has been just for fun, by my way of thinking.

The more hope you give yourself that something unlikely will happen, the more you keep yourself at the gambling table even during times in which you should walk away once you have made an X amount of losses.

Winning hundreds of thousands to millions of dollars of course requires quite a lot of capital too, get rich quick ideas that encourage gamblers to continue to do it until they are addicted to gambling without thinking about how much loss is experienced.
For those who only play gambling as entertainment and fill their spare time, of course they will not be so serious in betting, they will only use the minimum bet they can afford to lose.
But if they think only to get rich quick and make a lot of profit, the maximum bet will be an option and this will boomerang that will take all their money.

[GigaBit]

<...> 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.
<...>

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.

The story sucks to be honest. First of all because of the percentage you mention, but is there that much difference between $5,000 and $27,000? If he had said that $5,000 got him $500,000, it would seem to me to be a considerable difference.

And besides, it was the only way he could get that $22,000 difference? I don't know, maybe taking a loan to invest in his company would have made more sense.

One thing you have to realize that $5000 at the time of 1972-1973 is comparatively much higher according to this stage. At that time he received total $27000 thousand, that can be really appreciable. This amount is not really high but the advantage he got is a big deal. Moreover, another thing that I have said that he took the help of inherited assets and Loan when he started his organization.

[Peanutswar]

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The story sucks to be honest. First of all because of the percentage you mention, but is there that much difference between $5,000 and $27,000? If he had said that $5,000 got him $500,000, it would seem to me to be a considerable difference.

And besides, it was the only way he could get that $22,000 difference? I don't know, maybe taking a loan to invest in his company would have made more sense.

I think when you keep gambling using borrowed money it's like committing suicide because there is no guarantee you can get a profit from gambling, it's better if you still need money to gamble, then you work and look for money and as much money as possible you use it for gambling. Gambling is not based on debt or the like because when you lose you will lose and be depressed.

Many people try to risk themselves because of the possibility that it can double their money easily but of course not all the time gambling gives a good profit to all player it is all about the guts and risk of the player if they have higher risk of course higher risk rewards of it but if not it might get too much losses that's why always gambling base on what you can afford to lose and control yourself.

[molsewid]

I think the very idea of becoming wealthy by gambling is a dangerous mindset to have. Anything which seems extremely unlikely (like winning millions or even hundreds of thousands) should not be ideas which you should entertain by risking your money.

Gambling is and always has been just for fun, by my way of thinking.

The more hope you give yourself that something unlikely will happen, the more you keep yourself at the gambling table even during times in which you should walk away once you have made an X amount of losses.

I agree, some people think that only gambling can give them so much money, but they did not think the other consequences. I remember a documentary airs in the public tv channel where it documents a gambler who plays a lot for about 2 decade , always betting in a lottery for that less than 1% chance to win the mega jackpot, he bet everyday even there's no food in their table, that's a bad thinking and it will only give you false hope.

[STT]

The story sucks to be honest. First of all because of the percentage you mention

Percentage wise thats like 500% which is a return you wont get outside of illegal activities most places.     Also the other factor as a historical story, the Dollar used to be worth a hell of alot more.  It was 35 dollars for an ounce of gold so the 27k we are dismissing was tons more back then.    As of today's prices the FedEx hombre walked away with about $1.3 million to finance his company which is still a small amount to found an empire but makes alot more sense anyhow.

[Viscore]

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.

Well, not all cases that if we are in the verge of bankruptcy, gambling is the best resort. At least, we need to avoid that kind of mindset. Smith just got lucky because he was able to increase his money in gambling, but accept the fact that most who go into gambling always leave the house with empty pockets. But i would say with Smith, he was able to make a fortune in gambling. Well, gambling may be entertaining in the sense that you temporarily forget your personal problems, but after that if you get lose, you will still go back to your problems unresolved.

[Lanatsa]

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.

Well, not all cases that if we are in the verge of bankruptcy, gambling is the best resort. At least, we need to avoid that kind of mindset. Smith just got lucky because he was able to increase his money in gambling, but accept the fact that most who go into gambling always leave the house with empty pockets. But i would say with Smith, he was able to make a fortune in gambling. Well, gambling may be entertaining in the sense that you temporarily forget your personal problems, but after that if you get lose, you will still go back to your problems unresolved.

It was really just coincidence that he won that time on where he's on the situation where its his last money and ending up his last resort on making those amounts grow and hopeful that he could achieved something out

from that situation where saving up his company via gambling? No it wasnt really be the wisest idea to have and its not recommended and just like on what others been saying that instead of earning then you would rather lost that last money or funds you do have in your pocket which would really be leaving you on being even more broke.

Play for entertainment and leisure and not making gambling as your last option or resort on resolving your problems that you are facing.

[n0ne]

Gambling have got it the ability to make change in one's life. There is difference between luck and hardwork. What we see with the person mentioned in the OP have got the hardwork. In between he got an opportunity and it gave him a fortune. Even if this wasn't there, we could've seen the same person in his present position or higher.

[serjent05]

The story sucks to be honest. First of all because of the percentage you mention, but is there that much difference between $5,000 and $27,000? If he had said that $5,000 got him $500,000, it would seem to me to be a considerable difference.

And besides, it was the only way he could get that $22,000 difference? I don't know, maybe taking a loan to invest in his company would have made more sense.

The meaning behind the story isn't about the winnings but the motivation he gets from winning in his gambling session.  Take note Smith was feeling down due to his company's problem when he went to Las Vegas to play in a Casino.  But due to his winnings regardless of the amount, he finds motivation within that experience.  And that motivation gives him enough strength to face the company's problem, solved it, and eventually made it a successful venture.

[Daltonik]

Smith's story is actually not only about winning at the casino, he was born with a hip joint disease, Calve–Perthes disease and moved around until the age of 10 on crutches. In 1966, he joined the Marine Corps and was in Vietnam twice, so I think it was this fact of his biography and the desire to take risks and put everything on luck that became decisive in his success.

[Zlantann]

Casino can indeed change the financial life of anyone if the win is used judiciously. We have heard countless stories of people that won huge sums of money only to blow the cash on luxuries and flamboyant life styles. It is believed that you can easily loose what you didn't work hard to acquire. But this motivational story has indeed proved that with self control, discipline and determination gamblers can indeed become financially free and also build a business empire that would become a massive employer of labor. 

[Agbe]

OP the story you narrate did not say Smith went back again after winning the $27,000 and after established his FedEx company back to life again. Yes casino has changed a lot of people life to good. Just like friend told me yesterday that he was having no money in his hand to buy food stuff and eat so he was hungry and he got email alert from casino site that he registered days back that he has a bonus of $1, so he used it to placed a bet and won $5 and he used to cook soup and eat. But that is not withstanding that gambling is a profession that someone will indulge with because if you win today like the amount Smith won and thinking that, you will still win again. Unless that the same grace is still with you if not you might lose double of the amount won at the first instance. As it is said again and again. Gambling is a game of luck, it also has bull and bear market.