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Author Topic: Casino can play a role in changing fortune?  (Read 1532 times)
Fortify
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August 17, 2022, 07:47:32 PM
 #181

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.

What this story is really missing is where this person earned their money - if they were around for a whole week then chances are they might have been grinding it at a very skilled game which can be just as reliable as going to a job. People assume from the way you describe it, he was betting on slot machines or trying his luck at the roulette table but that's unlikely to be the case. It's possible he won the money from one of these zero skill games, but for every person that does walk out with a hansom amount of money like that - plenty more will walk out with empty pockets and even worse, hit a nice jackpot amount yet pour all the money straight back in.

R


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August 17, 2022, 10:58:32 PM
 #182


Probably a small number of people can boast of being able to walk away from a casino with winning, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.

Not everyone could boast about their winnings because, to be honest, most of us walk away from gambling because we don't have any capital to use since we've already lost everything we had. There will only be a few people who can succeed and reach their target goals in gambling because, to be honest, gambling is a game of luck and it is not strategic.
I think you have to rethink again of what you're saying because there's a game that goes with strategy only to win and luck is just a bonus if you have it. Just try the poker and see what the professional gamblers do when they have a bad card I've seen some of them flip the game just by bluffing and it goes to different games too because skills and strategy is what makes you win plus your will to win and that's matter.

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August 17, 2022, 11:17:29 PM
 #183


Probably a small number of people can boast of being able to walk away from a casino with winning, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.

Not everyone could boast about their winnings because, to be honest, most of us walk away from gambling because we don't have any capital to use since we've already lost everything we had. There will only be a few people who can succeed and reach their target goals in gambling because, to be honest, gambling is a game of luck and it is not strategic.
I think you have to rethink again of what you're saying because there's a game that goes with strategy only to win and luck is just a bonus if you have it. Just try the poker and see what the professional gamblers do when they have a bad card I've seen some of them flip the game just by bluffing and it goes to different games too because skills and strategy is what makes you win plus your will to win and that's matter.
Strategic type of games does need strategy and not luck alone and thats the main difference when you do deal up with those games which it would be just common sense on what would be mainly needed
and not just luck alone unlike when dealing with casino type of games which do only require luck for you to win up the game. Casinos are just giving off and provide games where people could play
and they would need up to deposit and play right away and there's no way that casino could play a role on changing up fortune because everything works on RNG for luck based
games and skills for skill based ones.

R


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August 17, 2022, 11:27:47 PM
 #184

Gamblers who can win multiple times or large sums of money will become greedy because they will see that the opportunity to get more money has come and will have to use it to win again. But some gamblers can control themselves and know that their time has come to a stop and they obey it because they know that victory is not always on their side. As long as they can control their emotions, they will be able to master gambling and will not become greedy because they know that gambling is entertainment that can cause two things: winning and losing.

There is a huge chance for a gambler on a winning streak to get greedy but if he is disciplined enough and keeps on the planned activity, he can avoid being greedy.  Though I agree that most of the time gamblers that has no dedicated plan for gambling often got hooked on the winnings and get greedy until they lost everything.  But OP's story is different, the person in the story managed to stop and get away with the winning with motivation in hand which solves the problem of his company later.

It is very difficult to stay calm when you are winning,yesterday I was playing a slot machine and I was just playing little money and didn't expect a big win but the slot machine kept giving me big wins on regular basis,I got from 69 dollars to 1200 but only withdrew 500 in the end because I thought to myself why not risk 700 dollars by playing with a higher bet and hopefully to hit the maximum pay line.I didn't and lost them really soon but I ended up with a 400 dollar profit in the end.I could not stop at 1200 because I thought why not go for that big prize and that is what hit most gamblers.

The adrenaline rush is playing all over you and its hard to stop, but that is good that you set aside a portion of your winning that's the best idea, thinking ahead and looking at the worst scenario, we want to strike while the iron is hot and we always think that someday we will regain all our losses, but unfortunately, it's very rare to regain it in one session and pushing your luck will get you on another losing streak, we all want to hit the big jackpot but always consider how far you can go and your risk behavior, some risks are not worth taking.

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August 18, 2022, 12:37:13 AM
 #185

.../Q/...::
There is a huge chance for a gambler on a winning streak to get greedy but if he is disciplined enough and keeps on the planned activity, he can avoid being greedy.  Though I agree that most of the time gamblers that has no dedicated plan for gambling often got hooked on the winnings and get greedy until they lost everything.  But OP's story is different, the person in the story managed to stop and get away with the winning with motivation in hand which solves the problem of his company later.

What happens here is that it is a circumstantial and very specific fact that we want to generalize, the fact that he won money in bets and used it for his company, is random and he should not subscribe to the fact that he was able to growt his company for that reason.

Possible results:
  • The company was successful and has maintained that throughout the years.
  • The company was founded with those funds, it worked well for a while but it disappeared, something normal.
  • The company was founded had a success, very short.
  • The company was founded, but did not reach the objectives, failure.

The above has nothing to do at all with the fact of getting that money and the consequent success, since the money for company could come from different options.

In other words, the OP's context and the question in the title of this post are like "bipolar".

Casino can play a role in changing fortune? Yes.
OP's context. No, not necessarily, do business, ventures, etc. and winning a millionaire prize do not go together as you might think.

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August 18, 2022, 06:59:21 AM
 #186

It is this greed that distinguishes every experienced gambler and gambler who only gambles without thinking about the risks that will occur. It is difficult to control emotions when gambling continues to lose without luck and vice versa. Those who can determine where to stop will have enough experience to control the money that goes into gambling.
Remember that every casino's system is different, it's also a matter of luck or not, the casino system always favors the bookie.
But even if the gambler is experienced, they will still have the potential to lose control of their emotions. They can follow what other gamblers are doing and will end up losing continuously. It had happened many times and many of them had suffered that defeat. It's hard to control emotions, but we must keep trying if we don't want to lose more money. Casino systems may be different, but we have to be able to take care of ourselves and know when to stop.

There is a huge chance for a gambler on a winning streak to get greedy but if he is disciplined enough and keeps on the planned activity, he can avoid being greedy.  Though I agree that most of the time gamblers that has no dedicated plan for gambling often got hooked on the winnings and get greedy until they lost everything.  But OP's story is different, the person in the story managed to stop and get away with the winning with motivation in hand which solves the problem of his company later.
That's right. By having good discipline, we can control our greed so it doesn't tell us to keep gambling. We can control greed as long as we always remember that the next round doesn't always give us a win. Many of us don't have a specific plan but as long as we can control ourselves and prevent emotions or greed from getting too big, we won't lose much money. @OP's story should motivate us to stop and get away with a win so we can enjoy the winning money.

Yes, most of the gamblers who experienced a good win will continue to come back and try to win more, but chances is not the same
one day they will be busted and all those wins that they've gained will return to the house. Sad true, but without good control
of your greed, it will end up nothing.
That is the temptation of gambling that will continue to call us to always play after getting that win and make us place bets again. But if we have good self-control, it will not happen to us and even we can resist it by stopping when the winning money is in our hands. We can prevent greed from becoming big because with self-control, we will always be aware that gambling is only entertainment and nothing more.

Experienced gamblers who have this kind of mentality are the ones who can quit with a decent amount of money. They will also be back
but still have good judgement and know when to quit when they already reached their targets.
Maybe that's the difference between experienced and inexperienced gamblers because they will have some kind of feeling that can help them decide when to stop. Maybe reaching the target will seem difficult but with the help of the feeling earlier, they will know that at this time, it is not easy to reach the target so they will prefer to stop for a while.

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August 18, 2022, 07:04:59 AM
 #187

That's a really interesting story.
I don't think that being successful at gambling (for once) can make a person successful in his job or life.
This guy (Smith) regained his confidence by winning money in a casino and this helped him return his motivation and ambitions.
He could've regained his confidence and motivation without playing in a casino, but the casino somewhat helped him in creating a false sense of being fortunate. That was more like a placebo effect. Many people would've failed completely.
The courier business has big potential, even though fuel prices were temporarily high. Companies like FedEx were destined to become big, because that particular niche had huge potential. Consistency in business and not giving up in times of crisis has always been the key to success.


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August 18, 2022, 10:45:14 AM
 #188

That's a really interesting story.
I don't think that being successful at gambling (for once) can make a person successful in his job or life.
This guy (Smith) regained his confidence by winning money in a casino and this helped him return his motivation and ambitions.
He could've regained his confidence and motivation without playing in a casino, but the casino somewhat helped him in creating a false sense of being fortunate. That was more like a placebo effect. Many people would've failed completely.
The courier business has big potential, even though fuel prices were temporarily high. Companies like FedEx were destined to become big, because that particular niche had huge potential. Consistency in business and not giving up in times of crisis has always been the key to success.

It's a good read and very inspiring. Like what was mentioned in the article, it's not the million dollar that matters but what you can do with it that matters. I agree that money is just a tool and if we use it wisely, it can help us achieve our goals.

I think it's important to have a financial plan and set realistic goals for yourself, but I also think that it's equally important not to define yourself by your wealth. It's easy to get caught up in the material things and lose sight of what really matters: good health, family and friends, and having a positive impact on the world. It's important to keep in mind that money isn't everything, but it sure does help. It's also important not to be a slave to your money and not let it control you. If you're an entrepreneur, then make sure that your business doesn't consume all of your time and energy because this will prevent you from living the life you want.

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