Casino can play a role in changing fortune?

[qwertyup23]

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.

More than a suicide attempt, it is actually like a grasp of air, trying to breathe underwater and clinging for hope.

Gambling using funds that came from a loan is a recipe waiting for disaster- you are clinging to something that is already risky in the beginning. In the event that the gambling activity fails and you lost more money in the process, then how would you able to repay the loan? If the loan contract states a contract of guaranty where your assets have to be liquidated, then expect that your assets can be the subject of payment to your debts.

[dothebeats]

It's a one in a million event that rarely happens. The guy in the story managed to become rich because of luck, and he knows when to stop, too. Not a lot of people have that willpower in them to begin with hence even if they managed to win big, they'd still end up to square 1 simply because they can't stop. The first step is self-control, and if you do not have this, better not gamble and just work diligently or perhaps, open up a business and pray that it succeeds.

[johhnyUA]

The amount won does not help but the psychological impact does.  It boosted his confidence in dealing with the company's problems resulting in more rational thinking which leads to an innovative way of solving the company's problems.  As a result not only did he solve the crisis but even make his company even greater.  Motivation at its finest.

I doubt about this idea. You can obtain a lot of dofamine through another activities which do not means to risk with your own money.

And of course, Smith could lose his 5000 dollars and then jump out of the window. Much more probable outcome than such "success story".

True every story has its counterpart if the result is different.  He might end up selling his company if he goes out of that Casino empty-handed and depressed.

Because of that you shouldn't use casino as "motivation center", especially if situation with your business isn't good enough.

[Slow death]

It's a one in a million event that rarely happens. The guy in the story managed to become rich because of luck, and he knows when to stop, too. Not a lot of people have that willpower in them to begin with hence even if they managed to win big, they'd still end up to square 1 simply because they can't stop. The first step is self-control, and if you do not have this, better not gamble and just work diligently or perhaps, open up a business and pray that it succeeds.

gambling can make many people lose everything, for example, see the case of lotteries, even in my country there are many people who every day (I'm not exaggerating) every day these people from my country go to buy a lot of lottery tickets, the which shocks me and that it takes a long time for someone to win the award and even when a person wins it doesn't take many years to go back to being poor. In slot games I see the same thing in my country. This made me realize that in games of chance where you rely on luck, you have a greater chance of being addicted and when you win a lot in a short time you lose everything, while in games of chance where you depend on knowledge and strategy the things are different

[serjent05]

It's a one in a million event that rarely happens. The guy in the story managed to become rich because of luck, and he knows when to stop, too.

I think the story is about a rich people who happen to have a struggling company and decided his last 5k when he goes to Las Vegas, and win $27k.  It isn't mere luck I think, he becomes rich because of either inheritance or his ability to manage a company.  Well, if you consider inheritance as luck then probably yes.

Not a lot of people have that willpower in them to begin with hence even if they managed to win big, they'd still end up to square 1 simply because they can't stop. The first step is self-control, and if you do not have this, better not gamble and just work diligently or perhaps, open up a business and pray that it succeeds.

I think the matter of winning big and ending up in square 1 isn't about willpower but rather depends on the financial education of a person.  For example, often time people who won in a lottery are just ordinary people who have little knowledge of financial management.  So they fail to manage their finances after winning a huge amount making them spend endlessly until their money runs out.

[lionheart78]

The amount won does not help but the psychological impact does.  It boosted his confidence in dealing with the company's problems resulting in more rational thinking which leads to an innovative way of solving the company's problems.  As a result not only did he solve the crisis but even make his company even greater.  Motivation at its finest.

I doubt about this idea. You can obtain a lot of dofamine through another activities which do not means to risk with your own money.

I was referring to the story stated by OP, so I don't have any idea where are you coming from.  Besides I am not talking about how Smith was entertained by his Casino activity, I am talking about how he got motivated after the result of his gambling activity in Las Vegas that booked him $27k.  The result does give him the confidence to push forward.

And of course, Smith could lose his 5000 dollars and then jump out of the window. Much more probable outcome than such "success story".

True every story has its counterpart if the result is different.  He might end up selling his company if he goes out of that Casino empty-handed and depressed.

Because of that you shouldn't use casino as "motivation center", especially if situation with your business isn't good enough.

Who said someone must use a casino as a motivation center?  Depending on the result it could be catastrophic but the story does not tell that side rather it tells how one got motivated after winning a certain amount in his gambling activity.  

[Frankolala]

Smith is a lucky man because he was at the right place at the right time, it was his fate that took him there. I must say he never understood his weakness in his FedEx company that was why he got bankrupt.
  Going to the casino made him realized his weakness in his business which he turned it into his strength, because he started all over again.
 
   The chance of winning big in casinos are very slim.

[LUCKMCFLY]

Smith is a lucky man because he was at the right place at the right time, it was his fate that took him there. I must say he never understood his weakness in his FedEx company that was why he got bankrupt.
  Going to the casino made him realized his weakness in his business which he turned it into his strength, because he started all over again.
 
   The chance of winning big in casinos are very slim.

I think that every person in a day can have a touch of luck, the only thing is that we do not know when that touch of luck will come out, but there is something that must be clear, the moment we enter a casino we must highlight that we are giving ourselves over to a system where there will always be a business model where the house will always have the advantage, where our money is very easy to lose, otherwise there would be no casinos, because if it weren't an NGO, then the Players have to fight against the house advantage, against other types of inconveniences of the game, those who win it is because they obviously know how to play, how much to bet and that they have their touch of luck at the right time.

[dothebeats]

Smith is a lucky man because he was at the right place at the right time, it was his fate that took him there. I must say he never understood his weakness in his FedEx company that was why he got bankrupt.
  Going to the casino made him realized his weakness in his business which he turned it into his strength, because he started all over again.
 
   The chance of winning big in casinos are very slim.

And "fate" is what drives people to do absurd things thinking that they can replicate what others did because they feel like they're destined for that same thing. News flash: they're not. Smith is not only a lucky man but also a smart one that recognizes his situation and bailed out after he got something out of his luck. Most people would have continued playing because they believe they can get more. Perhaps Smith's business (FedEx) also helped him have a clear mind when it comes to such decisions. He knows his priorities and he knows what's best for him and his company.

[Jemzx00]

Smith has been smart and invested gambling profit in business instead of going for more profit on the same day.  Usually gamblers leave casino after losing every single $ and don't want to take profit due to being in illusion of unlimited chances to win money.  As counter argument to encouraged story,  many gamblers sold their business to win the amount they lost on the casino.  It depends on luck anyways.

Smtih just got lucky on his gambling session at that time which is why the ending is good. All might have gone sideways if he'd lose as he already used most of his funds to gamble on a casino. But yes, he's smart on re-investing his winnings to funds his business which proves to be a success. I also think why Smith did not gamble afterwards is probably because of how good things turn out on his business.

[Baofeng]

Smith has been smart and invested gambling profit in business instead of going for more profit on the same day.  Usually gamblers leave casino after losing every single $ and don't want to take profit due to being in illusion of unlimited chances to win money.  As counter argument to encouraged story,  many gamblers sold their business to win the amount they lost on the casino.  It depends on luck anyways.

I guess it's more of self control on his side, he brought an amount of money and perhaps in the beginning he has a target returns. And if he get to the point, exit, with the money go back to his company and then reinvest what he had just to make the company afloat for the meantime. And he is a business savvy because he was able to let his company survived that time and still now standing as one of the biggest company in the world. Feel good story, but for sure majority of us who tried to gamble have lost every dollar.

[coupable]

Smith has been smart and invested gambling profit in business instead of going for more profit on the same day.  Usually gamblers leave casino after losing every single $ and don't want to take profit due to being in illusion of unlimited chances to win money.  As counter argument to encouraged story,  many gamblers sold their business to win the amount they lost on the casino.  It depends on luck anyways.

His decision to invest his profits in the business has nothing to do with luck anyway. I find him to be smart and able to gamble wisely and not completely addicted to winning.
Unfortunately, not all gamblers are like him, most of them don't quit playing until they lose every dollar they have, even if they win.
It is stupid to continue gambling the same day after winning a large amount. It can be played again, but not on another occasion.

[Viscore]

~
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.

That’s the reality about gambling, it takes a lot of money to lose first before you see yourself winning from it. So it’s still more on losses actually, except for those who are really lucky that at a single bet, they end up winning the jackpot instantly, but that’s very rare to happen. Most especially when you gamble from a loan money, that will put yourself in an even worst situation. Not only you will lose and become depressed, but others tend to end their lives through suicidal because they can’t bear the situation anymore.

[AmoreJaz]

~
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.

That’s the reality about gambling, it takes a lot of money to lose first before you see yourself winning from it. So it’s still more on losses actually, except for those who are really lucky that at a single bet, they end up winning the jackpot instantly, but that’s very rare to happen. Most especially when you gamble from a loan money, that will put yourself in an even worst situation. Not only you will lose and become depressed, but others tend to end their lives through suicidal because they can’t bear the situation anymore.

this is a reminder to all gamblers that you need to spend in this vice using your own funds and not a loaned one. with borrowed money comes a lot of consequences, especially if you are talking about considerable amount of money. i don't think you will be at ease also playing while thinking of how to return the money. in gambling, you'll never know when your luck will strike. so better be prepared by any means necessary.

[KennyR]

Smith has been smart and invested gambling profit in business instead of going for more profit on the same day.  Usually gamblers leave casino after losing every single $ and don't want to take profit due to being in illusion of unlimited chances to win money.  As counter argument to encouraged story,  many gamblers sold their business to win the amount they lost on the casino.  It depends on luck anyways.

It depends on luck as well as the timely exit makes a big change. At times we can experience good win, but we won't get out of the game. We think it to be winning streak and go for further betting and ends losing everything. According to me, even when we're lucky we should know when to make the exit so to enjoy the profit.

[serjent05]

That’s the reality about gambling, it takes a lot of money to lose first before you see yourself winning from it. So it’s still more on losses actually, except for those who are really lucky that at a single bet, they end up winning the jackpot instantly, but that’s very rare to happen. Most especially when you gamble from a loan money, that will put yourself in an even worst situation. Not only you will lose and become depressed, but others tend to end their lives through suicidal because they can’t bear the situation anymore.

I think it is the other way around.  It will let us win first then if we are hooked on winning, we will suffer losses and then spend a lot of money to chase our losses.  Indeed it is more on losses unless we gamble responsibly and limit our bankroll.  A loan just to gamble is the worst thing to do especially if you lose the amount.  So it is better to have the self-discipline to avoid the devastating result of gambling.

[lienfaye]

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.

Smith got lucky to win and wise enough to use the money he earned for his business. As we know some gamblers who got lucky cant refrain themselves to keep playing for having a mindset that they might become lucky again. On the other side, that situation happened to Smith who take risk the money left, use it in gambling and win huge is not usual for gamblers playing in a casino. He is just lucky. It can happen to anyone but its not advisable to gamble with such hope because, often, the result is not the one that we expect.

[BobK71]

Here the OP says the last he had $5000 and he went to the casino with that last bit. He was probably depressed that he might not be able to run his company much longer. At one point he entered the casino in despair. It proves that he was really lucky that time. He never knew that he would be able to increase his amount with that $5000 to $27000. So definitely favor consider him.

[fortunecrypto]

.. 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.

This is one rare success story coming from gambling but this is something that must not inspire people to gamble so they can set up or salvage their company, the guy has a combination of character and luck, if he has a weak character and is easily swayed he'll just turn to gamble to make money but he opted to work on his company to make it to the top with hard work and determination, I admire his determination more than his decision to turn to gamble.

[TopT3ns]

Here the OP says the last he had $5000 and he went to the casino with that last bit. He was probably depressed that he might not be able to run his company much longer. At one point he entered the casino in despair. It proves that he was really lucky that time. He never knew that he would be able to increase his amount with that $5000 to $27000. So definitely favor consider him.

When you are at a casino gambling place it all depends on the luck you have because that person is desperate with that much money capital he is desperate to gamble and when he loses he already has the intention to run away, from this case it has been proven that not all gambling places always give bad results, there are some people who can get very high profit.