Gambling Myths that we often hear

[molsewid]

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).

Yes you are right, people in our country prioritize gambling rather than the food in their plate which alarms me, most of the people rely their whole finances in gambling that there's no assurance or guarantee that they will earn more or will win the game, here in my community they don't gamble often when this August came, maybe they will grind again after this month.

[KTChampions]

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.

I could be wrong, but it seems to me that it still works more for older age groups (they are more fixated on money) than for children. A child with a smartphone has a million possibilities - after losing one game, he can start playing another, he basically has no problem with the need to "win back his money" because it is much more reliable to pull money from parents  Then, when a person gets older and the "price" of money becomes completely different, the dangers of gambling also become more serious.

[Cookdata]

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.

Real men don't take loans and wager them on some random games and bookies, they used them for something serious other than gambling and so do women, when your gambling reaches the point where you have to take loan, there should be a stop to it because that's where the addiction began and the moment you become used to it, you may find it difficult to get out of it.
The reason why we have few women who gamble is that you should know that women are wire different the way men are, men have that mind to take risks than women and can also withstand any outcome be it good or bad, if the latter happens to the women, some may collapse, it is their nature.

[Tumanggor]

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.

To be honest, this is a myth that is still being debated in my head

I met a gambler who mostly won and they said that gambling doesn't require the right time, they gamble because they really like it and winning is not the main reason they gamble

while those who gamble based on time mostly end up losing, therefore, I am becoming increasingly confused about what each gambler should actually do so that they can minimize losses

[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.

To be honest, this is a myth that is still being debated in my head

I met a gambler who mostly won and they said that gambling doesn't require the right time, they gamble because they really like it and winning is not the main reason they gamble

while those who gamble based on time mostly end up losing, therefore, I am becoming increasingly confused about what each gambler should actually do so that they can minimize losses

If you don't want losses, avoid gambling, or if you want to try the experience of playing slots, you can try the fun token mode gameplay.  If you want to gamble and wanted to minimize your losses, play moderately and responsibly.  That way you can allocate minimal funds for your gambling activities.

[edgycorner]

In which part of the world do following myths exist lol

Myth 1: Gambling Isn’t Addictive
>> Fact: Gambling is designed to be addictive.

Myth 4: If You Can Afford It, Compulsive Gambling Isn’t Really a Problem.
>> Fact: Compulsive gambling is a symptom of underlying emotional and coping problems.

Myth 10: Teens Don’t Gamble, Only Older People Gamble
>> Fact: Gambling is a bigger problem among teens than it is in adults.

So I checked the source, and it's a rehabilitation biz. Totally biased source.

Everyone is aware about gambling's addictive nature

The only myth, which I believe truly exist almost everywhere is this:
House always wins

That's not always the case. Many gambling houses and website have gone bankrupt. Some simply can't handle the strain of big whales or sophisticated cheaters.
The house does have a very good chance of beating you and the ground is skewed to favour the house as well.
But you can still beat the house without breaking any of their terms(or cheating) either
Example: Arbitrage betting, looking for undervalued markets(they usually appear when the market opens  and doesn't stay for long), removing emotion out of your gambling(toughest part).

The thing is, most of the people are stupid with no conceptual understanding of probability and arithmetic   This is why "usually" wins.

[serjent05]

In which part of the world do following myths exist lol

Myth 1: Gambling Isn’t Addictive
>> Fact: Gambling is designed to be addictive.

Myth 4: If You Can Afford It, Compulsive Gambling Isn’t Really a Problem.
>> Fact: Compulsive gambling is a symptom of underlying emotional and coping problems.

Myth 10: Teens Don’t Gamble, Only Older People Gamble
>> Fact: Gambling is a bigger problem among teens than it is in adults.

So I checked the source, and it's a rehabilitation biz. Totally biased source.

Everyone is aware about gambling's addictive nature

The only myth, which I believe truly exist almost everywhere is this:
House always wins

That's not always the case. Many gambling houses and website have gone bankrupt. Some simply can't handle the strain of big whales or sophisticated cheaters.
The house does have a very good chance of beating you and the ground is skewed to favour the house as well.
But you can still beat the house without breaking any of their terms(or cheating) either
Example: Arbitrage betting, looking for undervalued markets(they usually appear when the market opens  and doesn't stay for long), removing emotion out of your gambling(toughest part).

The thing is, most of the people are stupid with no conceptual understanding of probability and arithmetic   This is why "usually" wins.

Probably those myths existed in some parts of the world.  We are only present in a location where we are living so we missed a lot of belief in places we don't have any access to.  The same thing you say about probability and arithmetic, many people don't really know many things about gambling and oftentimes listen to their friends and colleagues that has also have little understanding about gambling, and this is where myth begins.

About the house winnings, there are actually many of the members here who believe that a player has no chance of winning against the house since they believe that the House always wins which we both agree is not true.  House edge gives an advantage to the house that makes them win more often.  In a scenario where the player wins, that player tends to outwit the house by completely ending his gambling session while he is ahead.  In the case of big jackpots, this is the proof that the house does not always win.  So I will also go with the term, the house usually wins.

[Viscore]

Myth 12: Gambling Problems Cannot Be Treated.

There is an old saying in the world of addiction. Life will end in prison, rehab, or death unless the disease is caught.
It is not easy to cure a gambling addict and only an expert, family and close friends can cure him through a long process and time and with real intentions.

And it will only be treated and healed only when the gambler itself admits to himself that he has already become addicted. That way, he will be given proper treatment and medication, and he will recover easily once his family and loved ones are also supportive on him. Although a lot of gamblers have been encountering addiction, but they surely survive as because they wanted to and that they don't want to stay addicted forever.

[blockman]

Martingale strategy has been proven worst in the long loss streaks,  compulsive gamblers keep chasing losses untill nothing left to play.  Myths are there for reason,  mostly they want keep hopes alive so gamblers go back for wagering more.  The more gamblers chase losses,  the greater loss streaks especially MartiFail makes it faster than blink of an eye.

Those who have proven this strategy to be a not working strategy can really say that this is one of the worst strategies out there. It will not work for the majority and if there's someone that has proven to do this and says that it's effective.
Then, they're one of the few people that have been saying that because the majority will agree that this strategy is very hard and not for everyone because it is going to lose you more than what you can afford.

[Tumanggor]

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If you don't want losses, avoid gambling, or if you want to try the experience of playing slots, you can try the fun token mode gameplay.  If you want to gamble and wanted to minimize your losses, play moderately and responsibly.  That way you can allocate minimal funds for your gambling activities.

since I've known gambling and feel fun when playing gambling, then since then I can't leave gambling

I'm sure all of us have been gambling for years and have been able to control ourselves in using capital when gambling. I take great responsibility for what I do and manage my gambling patterns to avoid future losses

[TelolettOm]

When someone is starting gambling but he cannot control.
 himself, he will expect to win and win again. In fact in gambling, it is not as easy as we think. Gambling may be entertaining moreover if we win. But it will be so frustating if everytime lost on gambling.
Related to the myths that OP wrote above, I am sure that those come from the mindset and also influence from the gambling platform itself to attract many more people to gambling.
We may deny our addict in gambling but in fact we are probably addicted when we cannot stop gambling and always curious to gamble again and again even after losing. This is because we cannot control ourself in gambling

[ethereumhunter]

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.

We don't know how these children came to find gambling sites or places to gamble locally. But it happens in some places and children can get into gambling circles because of the lack of parental supervision. And if these children can access the internet easily and freely, I think they can get other information besides gambling, including pornography. There have been many pornographic cases involving minors.

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.

If her husband, who is an addicted gambler, dies, at least his wife can be free from the abuse case and she can start a new life without fear anymore. But it will leave a deep trauma for his wife.

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).

That is a condition where the wife is very addicted to gambling because a wife must be able to take care of her children and help her husband in his household. If this is allowed, there will probably be many divorces and I feel sorry for those children because they could be depressed and traumatized by their childhood.

[peter0425]

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).

Yes you are right, people in our country prioritize gambling rather than the food in their plate which alarms me, most of the people rely their whole finances in gambling that there's no assurance or guarantee that they will earn more or will win the game, here in my community they don't gamble often when this August came, maybe they will grind again after this month.

how bad is that? they are spending the money for food just to gamble? what kind of people are they? I must admit that one time of my life I become gambling addict , but never that i spend the budget for the food just to bet in gambling because family is sacred for me, I would rather not eat than them getting hungry.

[Tumanggor]

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how bad is that? they are spending the money for food just to gamble? what kind of people are they? I must admit that one time of my life I become gambling addict , but never that i spend the budget for the food just to bet in gambling because family is sacred for me, I would rather not eat than them getting hungry.

alluding to gambling addicts who abandon their families (starving and sickly and even in debt) there is a lot out there

the facts that occur as a result of gambling (addiction) are really painful. Cases about gambling addicts who are in huge debts because and their families are torn apart and some even died have been heard several times in my city, it's really a sad thing

Gambling knowingly that we don't live alone in this world is a must for all gamblers because big wins will be meaningless if families fall apart

[BitcoinPanther]

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).

That is a condition where the wife is very addicted to gambling because a wife must be able to take care of her children and help her husband in his household. If this is allowed, there will probably be many divorces and I feel sorry for those children because they could be depressed and traumatized by their childhood.

The one stated by acroman08 is also a common scene in my place.  Wives of drivers often have lots of free time since they don't have any other jobs.  If they are not gossiping, they are gambling with the little money they have.  Worst they are doing that stuff on the street, near the door of one of the players.  Then they get annoyed when their children asked for money to buy food.  I don't know the reason but their husband just tolerate their gambling activities.

[livingfree]

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.

We don't know how these children came to find gambling sites or places to gamble locally. But it happens in some places and children can get into gambling circles because of the lack of parental supervision. And if these children can access the internet easily and freely, I think they can get other information besides gambling, including pornography. There have been many pornographic cases involving minors.

It's easy to guess where these kids knew about gambling. It's either from an ad through search engines, social media banners. Or someone has just told them about it personally.

Everyone most likely has an easy access for internet these days and there's no restriction even for kids.

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.

If her husband, who is an addicted gambler, dies, at least his wife can be free from the abuse case and she can start a new life without fear anymore. But it will leave a deep trauma for his wife.

It'll only create a trauma if the death is an accident or brutal and not with a normal cause.

[behandsomebecool]

lol, I'm really amused by the 9th fact I'm a gambler and have never even violated the speed limit. I wonder how many people believe that?

Not all gamblers are involved in criminal actives but some are involved, have seen someone before that will have to steal just to gambling, the guy is addicted to gambling and can do anything to get money to gamble. I believe those that involve in criminal activities just to finance their gambling are those that are really addicted to gambling, but people that gamble just for fun or relaxation don't really involve in crimal activities that's why I always advise people not to be addicted to gambling.

XD what a horror! it's good that most people still play for fun. But yes, I know about serious gambling addiction and that it's a big problem. Fortunately, neither I nor my friends have such problems lol

[crzy]

lol, I'm really amused by the 9th fact I'm a gambler and have never even violated the speed limit. I wonder how many people believe that?

Not all gamblers are involved in criminal actives but some are involved, have seen someone before that will have to steal just to gambling, the guy is addicted to gambling and can do anything to get money to gamble. I believe those that involve in criminal activities just to finance their gambling are those that are really addicted to gambling, but people that gamble just for fun or relaxation don't really involve in crimal activities that's why I always advise people not to be addicted to gambling.

XD what a horror! it's good that most people still play for fun. But yes, I know about serious gambling addiction and that it's a big problem. Fortunately, neither I nor my friends have such problems lol

This is why we called if as a Myths since many believes that getting into gambling is a crime well in fact many are still a good individual who are just trying to have fun and have some money as well. Though we cannot blame those people who think gambling is a crime, because maybe they experience this on their own and they might probably know someone who are already addict in gambling and commit a crime just to support that addiction, which is very common.

[serjent05]

XD what a horror! it's good that most people still play for fun. But yes, I know about serious gambling addiction and that it's a big problem. Fortunately, neither I nor my friends have such problems lol

This is why we called if as a Myths since many believes that getting into gambling is a crime well in fact many are still a good individual who are just trying to have fun and have some money as well. Though we cannot blame those people who think gambling is a crime, because maybe they experience this on their own and they might probably know someone who are already addict in gambling and commit a crime just to support that addiction, which is very common.

This is because news often sensationalizes its reporting especially when the reason for the crime is gambling addiction.  They report it as if all gamblers are going to do those crimes.  But the fact is, only a low percentage of gamblers who turned into compulsive gamblers do those stuff.  

[fiulpro]

Gambling does need special care and when you talk about it you cannot really constraint it into, OCD or even addiction since they haven't really studied about it a lot. Therefore having the right person and also the right doctor who will give right treatment is very essential. Some people might even try and try CBT, Cognitive Behaviour Therapy, some of the people are more susceptible as well, some people who are actually taking certain medications or have some other underlying mental health conditions might need more attention as well, therefore it's essential to know the past history of the patient as well, this addiction must be treated carefully, I do hope more information can be sought after regarding Gambling Addiction.