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Author Topic: No bet is a waste  (Read 3939 times)
Fivestar4everMVP
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March 28, 2023, 07:38:01 PM
 #281


For me gambling is mostly a way to relax. When i want to visit the football match i`m paying for the ticket, something, that i buy at the stadium. The gambling is the same for me - the money i lose is like buying a ticket for me.
Gambling is like a habit that one has and with habit you inch to carry it out with out your own control. So paying for ticket on a football match is not always all the time but gambling is done all the time. Gambling is not for only fun but for financial gain that will come of it. You can watch games without attaching money to it but if money is attached then you are gambling it to gain pecuniary benefit on it because when it doesn't go your way then you are forfeiting something which is the money used in gambling and one way depending on the consistency of loses, we do feel it when we lose.
I`m in such kind of gambling about 10-15 years and still gamble when i want. And i don`t want to gamble more often. This is my way of relax. And i can`t say that gambling for me costs much more than 2 football matches per month. All people are different, and something that is good for me, can be not so good(at least) for someone else.
You are absolutely correct, for me too, gambling is mu way of relaxing, though it's not something I do everyday, though there are times when if I don't feel like spending money on gambling, I still play slot games in demo/free mode.

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.

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CryptoHeadlineNews
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March 28, 2023, 08:36:51 PM
 #282

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.

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danadc
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March 28, 2023, 08:41:50 PM
 #283

Then what makes it gambling is that your favourite team or your favourite fighter does not always win. What makes it gambling is when 1.38 odds refused to play and 14 odds play.
But a gambler who gambles based on their selection of favourite team or fighter would make a bad gambling. You need to check the form, the emotion and conditions of your favourite before you employ them in your betting slip.
Technical, I high level risk bet without research can be regarded as a waste.
It's true not all favorite team or fighter will always win and that's why don't force to bet on every match, just focus to analysis on the fight where the underdog is high likely will win since they're capable to beat the favorite side. A clever bettor will be selective to bet on an underdog, of he bet on favorite team or fighter more than one match aka parlay bet. If you bet on favorite team or fighter, you don't need any research, do you think the @Op make a research?

Well, it doesn't necessarily mean that you bet on your favorite team, then you're guaranteed a win. It doesn't work that way. You need to take into consideration many factors such as the updated status of the team of your choice and its players. Because you don't want to just waste and lose money over uncalculated risk. Emotions shouldn't be in your way in making decisions to oversee all the possible angles and situation where they could win or lose.

Analysis of the previous fights especially the most recent ones is needed in order to tell whether if it is still worth the bet or not. Research is crucial whether you are going to bet on your favorite team or other teams to ensure your percentage in winning. It will be stupid if you'll be impulsive because of over confidence.

Sometimes when I bet I do it on what I half know, for example when it was the World Cup I bet on the teams that have always been cgood like Argentina, Brazil, and they also made me lose, and that Argentina won, with the team The only thing I lost was when they lost to Saudi Arabia and I never thought they were going to do it, the ones I surrounded myself with were guys who are always aware of football and are big fans and with everything they knew they lost a lot of money making those bets, that from then on it no longer seemed safe to me.

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ethereumhunter
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March 28, 2023, 10:30:17 PM
 #284

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.
If so, they can make a living from gambling and are not a gambler but casino owners. This is different from a gambler, where a gambler uses his money to bet where the outcome is uncertain. But the casino owner place can make money by managing the betting place. And when a gambler places a bet, they think it's not a wasted bet because they still hope they can win some money even though, in the end, defeat will come to them more often.

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klidex
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March 28, 2023, 10:35:41 PM
 #285

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.
And all of this is driven by a gambling strategy to give customers big wins so that they become even more addicted.
As we feel today we bet to win $ 500, indirectly our psychology will change and return to gambling the next day with hopes of more than $ 500.
But in reality they lose more and end up chasing losses and become addicted.

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March 28, 2023, 10:43:35 PM
 #286

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.
And all of this is driven by a gambling strategy to give customers big wins so that they become even more addicted.
As we feel today we bet to win $ 500, indirectly our psychology will change and return to gambling the next day with hopes of more than $ 500.
But in reality they lose more and end up chasing losses and become addicted.

This immature behavior by gamblers is usually the fuel for the gambling casino and that is the reason why owning a gambling casino is the most profitable business. The gamblers are unable to control their emotions and gambling sites utilize this to their own favor. They give such bonuses and offers which compel gamblers to keep on playing even if they are constantly losing.

I would add to the OP statement that "" No Gambling Casino is a Waste"  Cool

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March 29, 2023, 12:48:22 AM
 #287

In my opinion every body has their own aspects regarding Bets. And I think that 90% of people do not know about what is actual meaning of Betting.
In my view Betting is odd of winning my mean probability. If you know more than 50% probability of winning that is called betting.
And if you do blind bet than that is not called getting. And that's why betting should be more fareable.

I did not know about these Concepts, sometimes it is very difficult to have a 50% chance, where I see it most feasible is in sports betting, and that is because one draws conclusions based on what one knows, for me I particularly like betting on soccer, because I follow the most important leagues in the world and I know that With that knowledge you can do a lot, however I have been very wrong in some soccer matches that seem to be very safe and no, you end up winning the other Team, and sometimes I don't understand what is happening.

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March 29, 2023, 02:36:31 AM
 #288

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.
If so, they can make a living from gambling and are not a gambler but casino owners. This is different from a gambler, where a gambler uses his money to bet where the outcome is uncertain. But the casino owner place can make money by managing the betting place. And when a gambler places a bet, they think it's not a wasted bet because they still hope they can win some money even though, in the end, defeat will come to them more often.
but the big difference is that the Casino owners are mostly rich people while Gamblers are mostly(not all of course) are only small time that seek their luck to become rich.

But it is indeed that the mindset must be changing and they need to have that belief to attain the goal, not to become a gambler instead to become a business people.

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March 29, 2023, 04:12:47 AM
Merited by Casdinyard (4)
 #289

No matter what the outcome of the bet is someone must win, so while you are at loss the other man on the other side is winning and keeping up with all the disadvantages, gambling outcome should be taken as a risk and luck. And a double edges sword wins and lose.
but it depend on what game are you playing because if it is about luck base game like for example roulette? you are not playing against other but solely against the gambling site.
but what op means here is that no bet are wasted because even if you lose the money at least you did not miss the fun and that is what we must consider as gambler mate.
remember that we will always lose but at least we will win from fun things inside the game.

Acknowledging the fun is a good quality of an advanced gambler, most players focus mainly on loss or gain that's why they don't enjoy the fun in gambling.
and that made gambling a bad habit because of what they are trying to gain when the truth is fun will give them more.
Quote
When you ask people leaving the gambling house if they enjoyed the game they'll reply no, I lost! such players are considered as level 1 gamblers because they see gambling as a way to make quick money. The moment players begin to view gambling as a fun activity, this thread would be marked correct by all responders.
Sad but true mate, and admit it ? we are also one of those as maybe not always but sometimes lol.
Quote
Moreover, competing with the house and expecting to win all stakes isn't possible. Every game or hit we make on a machine contributes to the outcome of our games; win or lose. If the house wants a player to lose out all their stakes it'll easily drive away the player from the casino, so they have programmed the casino in such a way that we win as we lose money. Therefore enjoying the game, wouldn't hurt our feelings, which will help to enhance the self consciousness of the player to make better decision and study the machine too.
this is the thing that people starts to understand that the ratio of losing/winning is at least 80/20 and that is the true situation in each gambling we made.









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March 29, 2023, 07:15:52 AM
 #290

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.
If so, they can make a living from gambling and are not a gambler but casino owners. This is different from a gambler, where a gambler uses his money to bet where the outcome is uncertain. But the casino owner place can make money by managing the betting place. And when a gambler places a bet, they think it's not a wasted bet because they still hope they can win some money even though, in the end, defeat will come to them more often.
but the big difference is that the Casino owners are mostly rich people while Gamblers are mostly(not all of course) are only small time that seek their luck to become rich.

But it is indeed that the mindset must be changing and they need to have that belief to attain the goal, not to become a gambler instead to become a business people.
It's true what you say. Small people will not be able to own or build a casino because that requires very large capital unless the little person can win a lot of money from the casino. But I believe that small people can also earn a lot of money if they diligently work and can find many ways to get extra money to save as savings or start other new businesses.

If he could do so, there was a chance that his business would develop slowly. And when the time comes, his business will be more advanced and finally, he will see his business become bigger.

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March 29, 2023, 08:42:08 AM
 #291

I`m in such kind of gambling about 10-15 years and still gamble when i want. And i don`t want to gamble more often. This is my way of relax. And i can`t say that gambling for me costs much more than 2 football matches per month. All people are different, and something that is good for me, can be not so good(at least) for someone else.
I gamble just once or twice in a week. I use just the amount of money that I can be able to lose and never think about. Sometimes I can just gamble even less frequent, it depends on how season is and if there are good matches to gamble. Everyone are different, before I gamble daily, but I lose more than often until I just determine to quit the addiction and start proper gambling. Regardless of the one you are doing, it is good to gamble less frequently and using small amount for it.

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March 29, 2023, 09:00:23 AM
 #292

I`m in such kind of gambling about 10-15 years and still gamble when i want. And i don`t want to gamble more often. This is my way of relax. And i can`t say that gambling for me costs much more than 2 football matches per month. All people are different, and something that is good for me, can be not so good(at least) for someone else.
I gamble just once or twice in a week. I use just the amount of money that I can be able to lose and never think about. Sometimes I can just gamble even less frequent, it depends on how season is and if there are good matches to gamble. Everyone are different, before I gamble daily, but I lose more than often until I just determine to quit the addiction and start proper gambling. Regardless of the one you are doing, it is good to gamble less frequently and using small amount for it.

Yeah your points are right but I have seen people who are professional gamblers, professional gamblers I mean people who gamble full time, people who their lives solely depends on gambling and they are extremely doing well with their little winnings without necessarily waiting for a jackpot..
Meanwhile there were times when I almost got addicted to gambling possibly as a result of chasing after my losses and in bit to recover all that I've lost which didn't end well but I had to out myself together and re-strategize after I got a job,
I began gambling only when I deem it fit or when I'm too confident of my game atleast 80 percentage sure of my game and this very one has help me cut my losses and made more of wins as I use money I see as spare to do the gambling.

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March 29, 2023, 04:06:15 PM
 #293

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.
Entertainment as well as excitement are the main purpose of gambling. And money is established to bridge between these two issues. That is, if the financial issues were not involved here, then people would not be interested in gambling. However, the industry has moved so much in recent times that many have begun to think of gamble as a source of their income. Someone is proceeding according to their goals and some are falling behind. However, if the gambling is generally considered as a field of joy, then there will be no harm to the people even if there is a loss. Because everyone will be allocated for a monthly specific budget in gambling.

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March 29, 2023, 04:28:17 PM
 #294

Entertainment as well as excitement are the main purpose of gambling. And money is established to bridge between these two issues. That is, if the financial issues were not involved here, then people would not be interested in gambling. However, the industry has moved so much in recent times that many have begun to think of gamble as a source of their income. Someone is proceeding according to their goals and some are falling behind. However, if the gambling is generally considered as a field of joy, then there will be no harm to the people even if there is a loss. Because everyone will be allocated for a monthly specific budget in gambling.

Since it is for entertainment where real money is used and I agree with it but because of it, the people now think that in gambling they can earn lots of money that results to gambling addiction for some people. I am one of the people who almost become a gambling addict. Luckily, I managed to convince myself that I shouldn't become one as it will only bring trouble and worst going to jail as gambling addicts may cause trouble that may cause in getting to jail.

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March 29, 2023, 05:28:14 PM
 #295

For me gambling is mostly a way to relax. When i want to visit the football match i`m paying for the ticket, something, that i buy at the stadium. The gambling is the same for me - the money i lose is like buying a ticket for me.
Gambling is like a habit that one has and with habit you inch to carry it out with out your own control. So paying for ticket on a football match is not always all the time but gambling is done all the time. Gambling is not for only fun but for financial gain that will come of it. You can watch games without attaching money to it but if money is attached then you are gambling it to gain pecuniary benefit on it because when it doesn't go your way then you are forfeiting something which is the money used in gambling and one way depending on the consistency of loses, we do feel it when we lose.
I`m in such kind of gambling about 10-15 years and still gamble when i want. And i don`t want to gamble more often. This is my way of relax. And i can`t say that gambling for me costs much more than 2 football matches per month. All people are different, and something that is good for me, can be not so good(at least) for someone else.
You are absolutely correct, for me too, gambling is mu way of relaxing, though it's not something I do everyday, though there are times when if I don't feel like spending money on gambling, I still play slot games in demo/free mode.

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
Yep, i know such guys, some of them are true professionals but i don`t see any emotions from them. The others gamble with emotions and due to it make mistakes. I can`t say the exact numbers, but the first ones get much more profit.


I`m in such kind of gambling about 10-15 years and still gamble when i want. And i don`t want to gamble more often. This is my way of relax. And i can`t say that gambling for me costs much more than 2 football matches per month. All people are different, and something that is good for me, can be not so good(at least) for someone else.
I gamble just once or twice in a week. I use just the amount of money that I can be able to lose and never think about. Sometimes I can just gamble even less frequent, it depends on how season is and if there are good matches to gamble. Everyone are different, before I gamble daily, but I lose more than often until I just determine to quit the addiction and start proper gambling. Regardless of the one you are doing, it is good to gamble less frequently and using small amount for it.
Absolutely right. I gamble when i tired to much. Sometimes when there are problem at work. It helps to relax but in such conditions i havent lots of chances to win. So i bet small money, about 3-4 beer costs.

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klidex
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March 29, 2023, 05:58:33 PM
 #296

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.
And all of this is driven by a gambling strategy to give customers big wins so that they become even more addicted.
As we feel today we bet to win $ 500, indirectly our psychology will change and return to gambling the next day with hopes of more than $ 500.
But in reality they lose more and end up chasing losses and become addicted.

This immature behavior by gamblers is usually the fuel for the gambling casino and that is the reason why owning a gambling casino is the most profitable business. The gamblers are unable to control their emotions and gambling sites utilize this to their own favor. They give such bonuses and offers which compel gamblers to keep on playing even if they are constantly losing.

I would add to the OP statement that "" No Gambling Casino is a Waste"  Cool
Yes, it's true that sometimes big wins are a bonus from the casino so that our ambitions increase and we will continue to bet with the assumption that we will win even bigger.
As I experienced just now when playing slots with a $10 bankroll got a $132 win but I kept betting with the ambition to get even bigger without realizing I wasted all my winnings and balance.
After that, I tried to catch up with the defeat to get back the winnings I lost, still with bigger ambitions to win.
This is one bad example I've had.
And one more thing, I like your statement Grin

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March 29, 2023, 06:40:32 PM
 #297

I`m in such kind of gambling about 10-15 years and still gamble when i want. And i don`t want to gamble more often. This is my way of relax. And i can`t say that gambling for me costs much more than 2 football matches per month. All people are different, and something that is good for me, can be not so good(at least) for someone else.
I gamble just once or twice in a week. I use just the amount of money that I can be able to lose and never think about. Sometimes I can just gamble even less frequent, it depends on how season is and if there are good matches to gamble. Everyone are different, before I gamble daily, but I lose more than often until I just determine to quit the addiction and start proper gambling. Regardless of the one you are doing, it is good to gamble less frequently and using small amount for it.
It is good for us to always bet on the amount of money that we can afford to lose or else we might become a victim of bankruptcy in we are not careful. Gambling is not supposed to be something we need to do by force or force ourselves on. We gamble to earn more money using what we have to get what we want and it is not going to be wise for us to do that ignorantly without taking the necessary risk before we bet on it. Having team or friends we can predict games together osneven the best so that we can do that without stress.









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March 29, 2023, 06:59:41 PM
Merited by Reatim (2)
 #298

No bet is a wasted bet if you're not betting to gain profits. The distinction here is that you'll have to be playing for fun, which I would argue is the best way you could gamble as it does not put the unnecessary pressure of winning the money over your shoulder. Therefore giving you a clearer head and better decision making. Every bet provides novel experiences that you could only experience from that particular stake. be it a win or a lose it definitely imparts something really remarkable, this is why we could talk about our best and worst bets in the first place.

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March 29, 2023, 07:35:09 PM
 #299

Since it is for entertainment where real money is used and I agree with it but because of it, the people now think that in gambling they can earn lots of money that results to gambling addiction for some people. I am one of the people who almost become a gambling addict. Luckily, I managed to convince myself that I shouldn't become one as it will only bring trouble and worst going to jail as gambling addicts may cause trouble that may cause in getting to jail.
Just let people think that in gambling, they can make money and let them see the results. After all, if they lose a lot of money, it is because of their own fault because we have warned them that gambling is just for fun and not to make money. We also cannot force them to follow our advice because we are nobody to them. We must protect ourselves from the dangers of gambling addiction by always limiting and controlling ourselves properly to use gambling properly.
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March 29, 2023, 08:11:53 PM
 #300

No bet is a wasted bet if you're not betting to gain profits. The distinction here is that you'll have to be playing for fun, which I would argue is the best way you could gamble as it does not put the unnecessary pressure of winning the money over your shoulder. Therefore giving you a clearer head and better decision making. Every bet provides novel experiences that you could only experience from that particular stake. be it a win or a lose it definitely imparts something really remarkable, this is why we could talk about our best and worst bets in the first place.

I think this depends on someone defining gambling for himself. yes, as you said. no gamble is wasted if one does not gamble only for profit. but some others, have a different definition to what you say. maybe for others, making the profit is part of the fun. therefore, they say that no gamble is wasted. yes, regardless of winning or losing. that gamblers must be well aware of every risk.

Also, the word have fun often becomes a trap for gamblers. that too, which makes gamblers fall into addiction. if, not based on responsibility and understanding of gambling itself. however, actually I agree with what you said. that every bet we make, provides a new experience and every gambler gets it in a different way. well, maybe these words are more appropriate to be associated with no wasted bets.

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