Gambling Myths that we often hear

[passwordnow]

I think women don't really gamble the way men do, it really scares to see a female gambler, actually have not seen any woman gamble before, but am sure women also gamble, but maybe they do it on their mobile phone's, since we have lots of gambling site now that everyone on use to gamble without going to any physical betting shops.

Talking in general, yes, they don't gamble a lot but still, they do gamble after all. I've known females personally and they are really gamblers and most of them are into sportsbetting. It all started as a hobby and then eventually turned into an activity that they're doing at most times.
They are betting in almost every sport that they see, basketball, boxing, esports and any sport that they have an idea on how the game is being done.

girls don't know to gamble! is an wrong though, I also have a cousin who is addicted to football betting, her favorite team is Real Madrid, she will be willing to put all her money on bets when real Madrid plays and on average she wins, this shows even though she is a girl, she is also very good at betting.

So, she doesn't care about the odds as long as it is RM that's playing and she will surely bet for them? Well, we're not sexist and in this modern day, we know that what boys can do, girls can do it as well so does gambling.
If we're seeing professional gamblers that are male, there are also professional women gamblers and that's for sure. Sometimes we think that we feel too bad if they're better than us but that's it.

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[Fredomago]

I think women don't really gamble the way men do, it really scares to see a female gambler, actually have not seen any woman gamble before, but am sure women also gamble, but maybe they do it on their mobile phone's, since we have lots of gambling site now that everyone on use to gamble without going to any physical betting shops.

There are cases of gambling addiction in women.  So women do gamble the way men do.  I don't know how can you arrive that there is a difference between a man gambling and a woman gambling.  Aren't they both doing the same process when gambling?  Women also visit physical casinos, you can try to search the internet to verify if they really do.  

usually women smart managing money for their life need  and i am believe less of them addicted in gambling , they will use their mind and logic if spend money that they earned for useless game that may cause lose their money. maybe if we find women gambler, they play it just for fund and serious played it.

Lesser compared from the numbers of men who are addicted with gambling, in most cases men got addicted because they are the provider and the money that came from their salaries, women are just waiting for men to give their budget, an old fashion lifestyle that still exist in most places all over world, though there are already places where modern women exist, the chance of gambling addicted is not by far.

Having their own money, they are free to whatever they desire to use it, and gambling just the same with how men got addicted

if getting engaged, women is not exempt not to fall into addictions.

[Issa56]

Lesser compared from the numbers of men who are addicted with gambling, in most cases men got addicted because they are the provider and the money that came from their salaries, women are just waiting for men to give their budget, an old fashion lifestyle that still exist in most places all over world, though there are already places where modern women exist, the chance of gambling addicted is not by far.

Having their own money, they are free to whatever they desire to use it, and gambling just the same with how men got addicted

if getting engaged, women is not exempt not to fall into addictions.

I don't think you are really right, men get addicted to gambling not just because they are the provider of the money, some men will take a loan and gamble with it, which I believe girls can also take loan, also some women also working and they are receiving decent salary but they don't still gamble, not all girls wait for men to give them money, some of them are having their money but I don't know why women don't really gamble like men.

[ethereumhunter]

usually women smart managing money for their life need  and i am believe less of them addicted in gambling , they will use their mind and logic if spend money that they earned for useless game that may cause lose their money. maybe if we find women gambler, they play it just for fund and serious played it.

Maybe our way of thinking will be different from women who can better calculate how much money they can use to gamble. But we rarely find female gamblers so we are just guessing because female gamblers may be shy to gamble in front of other people.

Maybe the myth is that a woman very rarely or not at all plays gambling because she doesn't want to spend her money on gambling games. Or it could be because it is taboo for a woman to gamble.

[livingfree]

Maybe the myth is that a woman very rarely or not at all plays gambling because she doesn't want to spend her money on gambling games. Or it could be because it is taboo for a woman to gamble.

It's a taboo because it's known that gambling is just for woman. But you know what in real life situations, when a woman becomes addicted, they become really addicted to the point that they're too severe in addiction.

and gambling just the same with how men got addicted

if getting engaged, women is not exempt not to fall into addictions.

Yes, there's no exception in gambling.

If a man can be addicted, the same goes for a woman that's also in gambling. In our old neighborhood during my childhood, I've seen wives that were addicted to playing card games. It's almost everyday they play.

[panjul07]

Sorry if it has been mentioned previously but I think there are some gamblers who believe that there is a specific time when they get more wins or more loses.
I believe it is a myth because I dont think there is a specific time to have better winning chance or to get worst winning chance.
What I believe is that there is a best time to gamble, when is it? It is a when we are ready to take any result.

[BitDane]

Sorry if it has been mentioned previously but I think there are some gamblers who believe that there is a specific time when they get more wins or more loses.
I believe it is a myth because I dont think there is a specific time to have better winning chance or to get worst winning chance.
What I believe is that there is a best time to gamble, when is it? It is a when we are ready to take any result.

Definitely it is a myth.  Like for example in a sports betting,  In a match between Team A and Team B, betting in A on Monday morning and betting in A on Sunday afternoon bears the same result.  That is a simple proof that there is a specific time for gambling to be lucky is a myth.

[uneng]

By the way, it seems to me that modern children are less prone to gambling because they encounter it early (in different games where loot boxing mechanics and other "random" events are implemented to extract money from the player) and having a negative experience bypass it or are indifferent to it.

Teens are more susceptible to gambling now more than ever. They have easier access to gambling platforms and usually have the money to do so. Also, with gambling streamers becoming more and more popular, teens are getting the wrong idea about gambling which they think as a way to get quick and easy money. Loot boxes and similar things embedded in online games that they play are a start, and eventually they'll move on to bigger things like actual sports betting and the rest is history.

I don’t see the logic in this - yes, children have easier access to gambling and see their wider advertising, but after trying it in practice, they quickly realize that this is at least “an advertisement that does not correspond to reality” or it’s just a scam. I judge by my daughter and her girlfriends. Many of them immediately call loot boxes and even all the mechanics in games where you have to “win” something from many attempts a scam. Even if we are talking about free in-game currency or raiding dungeons with a non-guaranteed prize.

Besides teens, it happens to every other age's groups. Most people will try gambling if persuaded by advertisements or friends' encouragement, but only very few of them will remain active on this activity, while the majority is going to lose interest due to negative experience (loss). Also, few people will present addictive behavior.

Gambling isn't for everyone and it isn't for most people because they aren't looking for entertainment exactly, rather they seek for extra income or financial independence that definitely isn't achieved through gambling as a general rule.

[SirLancelot]

Gambling could only give us financial problems if we'll not handle it well. If we have the wrong mindset towards it, we will surely see it as a shortcut to success which can lead to greed. If we only see it as a source of entertainment, we will not expect too much from it, and if we will use only the funds that we can only afford to lose, we will not end up having problems with our finances.

The problem is they only see the bad side of gambling but they forgot that it's also possible to win big out of it and in fact it change so many lives already. Seeing gambling a way to make money is I think not an example of a wrong mindset but as long as you still have a control of yourself and don't go above your limits.

People have different definitions of success. There are some thinks they are successful already if they enjoy playing a gambling while some can only say they are successful once they win and be able to withdraw money out of it. Many people play for entertainment but still can expect more like they demand the site to improve their graphics, etc.

[nakamura12]

Myth 1 isn't that broad if we take a look on it, that's more like all combined myths in there. If you get addicted, whatever it is on the mythical 12 of gambling will connect in this and will either likely make you bad and good if you hit that jackpot but the weighing scale always points on the bad side.

Myth 1 isn't always true because most of the people who gambler will get addicted and some would even go through rehabilitation to stop the urge in gambling but there are some people who doesn't get addicted in gambling like myself. To be honest, I didn't gamble any single penny this year even though some people might say that it is because a few months back we got hit by typhoon rai but it's not that reason why I didn't gamble and I know house always win.

[serjent05]

Myth 1 isn't that broad if we take a look on it, that's more like all combined myths in there. If you get addicted, whatever it is on the mythical 12 of gambling will connect in this and will either likely make you bad and good if you hit that jackpot but the weighing scale always points on the bad side.

Myth 1 isn't always true because most of the people who gambler will get addicted and some would even go through rehabilitation to stop the urge in gambling but there are some people who doesn't get addicted in gambling like myself. To be honest, I didn't gamble any single penny this year even though some people might say that it is because a few months back we got hit by typhoon rai but it's not that reason why I didn't gamble and I know house always win.

Definitely, those who don't gamble will never be addicted to gambling  .  But yeah I agree that Gambling isn't addictive is a pure Myth.  There are already cases of gambling addiction that debunk this Myth. 

And Myth #8 is a pure fallacy,  Gambling doesn't only affect financially, it also affects players emotionally, mentally, and socially.  winning and losing in gambling have an effect on a person's emotions.  While losing a lot can make a player depressed which affects his being psychologically and many families and friends had been destroyed by being a gambling addict.

[Oceat]

Sorry if it has been mentioned previously but I think there are some gamblers who believe that there is a specific time when they get more wins or more loses.
I believe it is a myth because I dont think there is a specific time to have better winning chance or to get worst winning chance.
What I believe is that there is a best time to gamble, when is it? It is a when we are ready to take any result.

Definitely it is a myth.  Like for example in a sports betting,  In a match between Team A and Team B, betting in A on Monday morning and betting in A on Sunday afternoon bears the same result.  That is a simple proof that there is a specific time for gambling to be lucky is a myth.

Well, no one can trigger their luck I mean, it would just happen without you knowing that the odds seems on you. So, just enjoy as it is just like how the luck came to you and never spent too much money than you can lose. Gambling isn't just for money making but if you're lucky enough you could be lucky to get the jackpot someday.

Luck in gambling and these myth depends on every person since not everyone has the same vibe like what they've been feeling on that day or the other day.

[Rabi3]

I'll add that many (newbies, kids) think that Martingale or similar strategies are a safe win. Of course, until they face a long enough losing streak... Does it count?

I think what you mentioned is matches the myth number 3 that op shared " If You Keep Playing, You Will Eventually Win Your Money Back" that's how the martingale  system works, it's only summarized in short period of time, I fell for it and tried many times and of course the day came were I faced a big streak of losses and lost it all, I didn't even read about and nobody told me about it, it just seemed right to me to do, I learned that it was a thing after sometime of doing it.

[ethereumhunter]

Maybe the myth is that a woman very rarely or not at all plays gambling because she doesn't want to spend her money on gambling games. Or it could be because it is taboo for a woman to gamble.

It's a taboo because it's known that gambling is just for woman. But you know what in real life situations, when a woman becomes addicted, they become really addicted to the point that they're too severe in addiction.

Gambling is not only for women or men but for all, as long as it is not for children. Then if someone becomes addicted, it will have a fatal effect on that person, whether he is a man or a woman. But if you only play gambling occasionally, maybe women can have better control than men because women will consider the causes and consequences of gambling more.

Yes, there's no exception in gambling.

If a man can be addicted, the same goes for a woman that's also in gambling. In our old neighborhood during my childhood, I've seen wives that were addicted to playing card games. It's almost everyday they play.

I have never seen a wife addicted to playing cards but I often see my neighbour playing cards with his friends. He even had the heart to beat his wife to ask for money to gamble and gambled every night. But luckily, her husband is now dead so his wife doesn't suffer anymore.

[gunhell16]

There are cases of gambling addiction in women.  So women do gamble the way men do.  I don't know how can you arrive that there is a difference between a man gambling and a woman gambling.  Aren't they both doing the same process when gambling?  Women also visit physical casinos, you can try to search the internet to verify if they really do.  

Some women gamble in casinos, I have seen someone like that in a movie other than "God of Gambler" but most of them are still men who go to casinos, only a few women gamble. Now, to your question about whether a woman has the same gambling method as a man, they always do not have the same method there, we know that. But in the online casino, I think more women play here than in the physical casino.

But do you believe that in other aspects there are still minors like teenagers who can enter online casinos via online even here in the cryptocurrency industry? I think there is because I saw someone here on the forum who is one of the members here on this platform who is only at the high school level but he is already in the cryptocurrency gambling world, but from what I can see he is managing well what is he doing here, what can you say about that?

[lionheart78]

I'll add that many (newbies, kids) think that Martingale or similar strategies are a safe win. Of course, until they face a long enough losing streak... Does it count?

I think what you mentioned is matches the myth number 3 that op shared " If You Keep Playing, You Will Eventually Win Your Money Back" that's how the martingale  system works, it's only summarized in short period of time, I fell for it and tried many times and of course the day came were I faced a big streak of losses and lost it all, I didn't even read about and nobody told me about it, it just seemed right to me to do, I learned that it was a thing after sometime of doing it.

I think martingale works in a different way.  It isn't about playing continuously but incrementing the bet continuously when on a losing streak.  Martingale is about a strategy on betting method and is not connected to the length of gameplay. But yeah continuous playing while using martingale often use the fallacy of eventually we will win thus supporting myth #3 if we keep on playing we will eventually recover our losses.

[erep]

But do you believe that in other aspects there are still minors like teenagers who can enter online casinos via online even here in the cryptocurrency industry? I think there is because I saw someone here on the forum who is one of the members here on this platform who is only at the high school level but he is already in the cryptocurrency gambling world, but from what I can see he is managing well what is he doing here, what can you say about that?

The fact that teenagers are also involved in gambling despite applying age limit requirements in terms and conditions, they can confirm the age option is over 18+ (for example) just click the Yes button to enjoy gambling games, that's the reason for KYC verification because it can prevent underage users but another factor because user responses are afraid to complete KYC.

Some countries determine the maximum age varies from teenager to adult but for real casinos, but online casinos the average age of 18+ is stated in the maximum age requirement.

[Smartprofit]

The myth that teenagers do not gamble and that only older people (over 40) actively gamble is a very common one. 

This misconception arose due to the fact that adults do not understand what exactly teenagers are passionate about.  Teenagers ride bicycles and electric scooters, listen to modern electronic music and consume content on the Internet... Adults know this. 

However, the question arises - what exactly do teenagers do on the Internet? 

Many older people do not know anything about online casinos.  They themselves played slot machines and online casinos (in the style of Casino Royale from the James Bond movie of the same name). 

Today's teenagers do not play offline casinos, but online casinos are visited frequently.

Unfortunately that's how things are right now especially that anyone will be able to use the internet however they want whether there is an age limit. Even kids and teens are able to access website that they shouldn't supposed to and this is not limited to gambling. Also, one of things why they do this is curiosity as they cannot access this places and things on physical existence which is why they try to do so online.

Many children and teenagers are better versed in IT technologies than adults. 

In addition, they actively use social networks for communication.  In social networks, it is easy to get advice on which online casino is better to use for gambling. 

On YouTube and other video hosting sites, you can easily watch detailed video instructions explaining all the intricacies of gambling. 

Therefore, children and teenagers do not have insurmountable barriers to gambling.  The same barriers that exist can be easily bypassed.

[livingfree]

Maybe the myth is that a woman very rarely or not at all plays gambling because she doesn't want to spend her money on gambling games. Or it could be because it is taboo for a woman to gamble.

It's a taboo because it's known that gambling is just for woman. But you know what in real life situations, when a woman becomes addicted, they become really addicted to the point that they're too severe in addiction.

Gambling is not only for women or men but for all, as long as it is not for children. Then if someone becomes addicted, it will have a fatal effect on that person, whether he is a man or a woman. But if you only play gambling occasionally, maybe women can have better control than men because women will consider the causes and consequences of gambling more.

Well, sad to say that there goes the underage that is already into gambling. We know that there are underage gamblers who don't want to let others know that they're already gambling.

It is sad but that's the reality and in online gambling, if the casino doesn't have KYC, they are taking advantage of it and they can easily deposit and withdraw and play without knowing how old they are.

Yes, there's no exception in gambling.

If a man can be addicted, the same goes for a woman that's also in gambling. In our old neighborhood during my childhood, I've seen wives that were addicted to playing card games. It's almost everyday they play.

I have never seen a wife addicted to playing cards but I often see my neighbour playing cards with his friends. He even had the heart to beat his wife to ask for money to gamble and gambled every night. But luckily, her husband is now dead so his wife doesn't suffer anymore.

I don't see any luck on that if someone's husband is dead. Well, there are situations that you have to realize that it's not for them when they gamble.

I've seen those based from my experience.

[acroman08]

Yes, there's no exception in gambling.

If a man can be addicted, the same goes for a woman that's also in gambling. In our old neighborhood during my childhood, I've seen wives that were addicted to playing card games. It's almost everyday they play.

I have never seen a wife addicted to playing cards but I often see my neighbour playing cards with his friends. He even had the heart to beat his wife to ask for money to gamble and gambled every night. But luckily, her husband is now dead so his wife doesn't suffer anymore.

I have, and they are no better than any gambling addicts. growing up, I've seen a lot of them spending all day gambling while their husband is working. they would get angry if their kid/s ask for money to buy food. they would also get angry if the husband didn't make enough money for the day(a lot of the husbands are tricycle drivers).