Gambling Is for the strong.

[Rigon]

Gambling destroys people slowly. People who are addicted to gambling can never live a normal life. Maybe they win a bet or two but lose most bets. I have seen people around me who indulge in gambling never lead their lives well. In fact, no matter how much money you have, gambling will quickly lead you to ruin. So as much as possible a person should be controlled from this gambling addiction. Even if you have an addiction, it should be limited and not taken to high levels.

[1714659362]

1714659362

[1714659362]

1714659362

[1714659362]

1714659362

[piebeyb]

The story of OP's friend is a reason for all gamblers to think. Is it worth spending your money anywhere if you can manage it differently?

Imho, instead of spending money on gambling, I would rather invest it in some altcoins (and even better btc). Reliable and proven, which can bring profitability. This will be better than betting, which will be much less likely to win.

I am aware that investing will not have the excitement and drive that is present in gambling. Then it turns out that people pay for the pleasure of the game in their own way, and the ghostly probability of winning is just a bonus? It turns out that you need to separate investment (the desire to increase money) from entertainment (the desire to enjoy the game with a low probability of increasing money).

investing in crypto is also another alternative when you really lose at gambling you should look for other alternatives to look for ways to get capital money back from that alternative because if gambling continues you will continue to experience losing even more money, so there must be other alternatives to make up for the previous loss . although gambling and investing are not much different.

[d3nz]

The story of OP's friend is a reason for all gamblers to think. Is it worth spending your money anywhere if you can manage it differently?

Imho, instead of spending money on gambling, I would rather invest it in some altcoins (and even better btc). Reliable and proven, which can bring profitability. This will be better than betting, which will be much less likely to win.

I am aware that investing will not have the excitement and drive that is present in gambling. Then it turns out that people pay for the pleasure of the game in their own way, and the ghostly probability of winning is just a bonus? It turns out that you need to separate investment (the desire to increase money) from entertainment (the desire to enjoy the game with a low probability of increasing money).

investing in crypto is also another alternative when you really lose at gambling you should look for other alternatives to look for ways to get capital money back from that alternative because if gambling continues you will continue to experience losing even more money, so there must be other alternatives to make up for the previous loss . although gambling and investing are not much different.

Actually, gambling and trading are almost the same but the only difference is that you can learn trading for years and can easily predict how the market flows gambling is different since you are just relying on the statistic if it's a sports gambling but on games and example is roulette which you are just relying on luck.

[AicecreaME]

Hmm, I think the most appropriate one would be "Gambling is for the risk takers". Simply because in gambling, there's always a risk of losing. The moment you decided to gamble, there's already a certain percentage of you winning or losing the game. Your probability will not only depend on your knowledge, strategy, and luck, but also to the rtp or odds of your account. That is why it is important to have the information, knowledge, and skills at the very least to fill the gap from luck and odds.

Adding to the reason why it shouldn't be 'gambling is for the strong', gamblers tend to be fragile and weak the moment they lose track of what repercussions lie ahead during they give into addiction. Not being able to discipline yourself isn't for the strong. Letting your emotions take control over you instead of setting it aside for your aim isn't a characteristic of a strong person. Just like your friend, he got carried away on chasing winnings and perhaps chasing the fun to the point he lost track of reality. Then now, he's suffering the consequences, the regrets and what could have been's if he only did better. But it's not yet too late though. He can still start over from a clean slate and make progress his future self would be proud of.

[CryptoHeadlineNews]

You should consider this....

Does that friend calculate all the money that he spend on movie tickets or payments to NetFlix or Amazon Prime ...or all the takeouts (food) that he paid for?

But these are quite two different concept, (I.e spending on gambling and eating good food), because just as you stand to be well nourish, healthy and live long when you get good food, when it comes to gambling you stand only to either win or lose your funds, which at some point can lead to depression or joy respectively. Because just as you said you Gamble for entertainment, I could notice that O.P's friend was gambling for the sole aim of profit, which is why when it didn't work the way as expected, he felt frustrated.

[uneng]

The point is that gamblers should use only money they can afford to lose for betting purposes. It's usualy a weekly or monthly budget that won't compromise your finances. So regards this friend of yours, he shouldn't use any extra money, like personal savings for gambling. Since he follows this rule, there is no issues as the money used will have been previously scheduled for that purpose, and if he is going to be in loss on long term that is also normal, because in gambling most gamblers lose on long term.

[TopTort777]

Gabling is not about being strong, but mostly about being lucky with a little of cold head. Being strong, taking risk decisions isnt enough to be successful. It does not matter if you are confident or not, never hesitate on making a first step if in the end you lose.

Imho gambling is for everyone. Each person is individual. Everyone get their portion of emotions in their own way. Each seeks something individual in gambling. Even those who is a mumble can be successful in gambling.

[Getmon]

But why would a person want to make money by gambling? I thought everyone knew that gambling was for fun. How is it possible for someone to believe that money can be earned through luck? Although the house may have a small edge, it will be evident in numerous games and the total wagers.

Poker and some card games will be different because you are competing against other players, but there is also a part of them that requires luck.

As a result, I can conclude that gambling is not recommended for people who struggle with self-control because it can lead to addiction.

[xSkylarx]

The story of OP's friend is a reason for all gamblers to think. Is it worth spending your money anywhere if you can manage it differently?

Imho, instead of spending money on gambling, I would rather invest it in some altcoins (and even better btc). Reliable and proven, which can bring profitability. This will be better than betting, which will be much less likely to win.

I am aware that investing will not have the excitement and drive that is present in gambling. Then it turns out that people pay for the pleasure of the game in their own way, and the ghostly probability of winning is just a bonus? It turns out that you need to separate investment (the desire to increase money) from entertainment (the desire to enjoy the game with a low probability of increasing money).

investing in crypto is also another alternative when you really lose at gambling you should look for other alternatives to look for ways to get capital money back from that alternative because if gambling continues you will continue to experience losing even more money, so there must be other alternatives to make up for the previous loss . although gambling and investing are not much different.

Actually, gambling and trading are almost the same but the only difference is that you can learn trading for years and can easily predict how the market flows gambling is different since you are just relying on the statistic if it's a sports gambling but on games and example is roulette which you are just relying on luck.

It was the opposite and they are not the same because if those professional traders that have been learning for decades mean they can now easily predict the market? if so are they rich right now? (few of them, yes but they go into businesses) it is not easy as you thought as the market changes all the time and all of us wants to adapt to it and also no one in the world can predict the market. With gambling there are things need skills or statistics but again most of them are about luck which is not the same.

[krishnaverma]

Different people have different reasons for gambling. Personally I do gambling only for fund and to pass my time in boredom. I enjoy the experience and would not be affected even by loss. But some people are dependent on gambling income. For them, it is their only source of income. If such a person is mentally weak, it can cause a lot of problems for him. He will make a lot of mistakes while gambling. Another downside is that such a person will not enjoy the experience also. So I suggest even weak hearted to do gambling for fun.

[TitanGEL]

It is strong when it comes to emotional strength and not in terms of physical strength. A lot of people do not consider the strong mental framework that you have in order to become a successful gambler where you are aware that losses are inevitable. There are some truths in gambling that we should always remember before we wager our money, some of the truths is being aware regarding to the money that we will wager that it is uncertainty where everything can happen. Before we think about the money that we could earn in gambling, we should first think the money that we could lose if our prediction or our bet did not happen.

Gamble responsibly, there are a lot of people who are mentally fragile that got sick because losing huge amount of money in gambling. It is true that gambling is for the strong so better if we will train our mind and our self to become strong.

[alastantiger]

The truth is that as a gambler, you have the right over your gambling habits. And before you engage in gambling activity you must be able to bear loss. If you can't bear loss don't engage in gambling. Gambling is a risky activity and as a gambler you need a self check and self discipline and also another source of income. If you do not have another source of income is better you invest in other business other than using all your money to gamble because there is no guarantee of wining.

[darewaller]

Gambling destroys people slowly. People who are addicted to gambling can never live a normal life. Maybe they win a bet or two but lose most bets. I have seen people around me who indulge in gambling never lead their lives well. In fact, no matter how much money you have, gambling will quickly lead you to ruin. So as much as possible a person should be controlled from this gambling addiction. Even if you have an addiction, it should be limited and not taken to high levels.

It will only destroy you if you are a weak kind of person and you will easily fall for the bad side of gambling but if you are strong you will not fall for them and only use gambling to improve your life. If one is addicted in gambling living a normal life is difficult. They can't focus on other important things in life or worse is they are not doing it anymore but it is possible for it to be treated.

There is a thread here last time about gambling test. it helps us know if we are becoming an addict already or not. We need to take that so that we can take immediate actions before our symptoms gets worse and it is now hard for us to get out of our addiction. I found the thread and here is the direct link to that test: https://www.psycom.net/gambling-addiction-test.

[Plaguedeath]

It's not only gambling for the strong, but anything in this world is only for the strong because if you're not strong enough you will get beaten by a person who's stronger than you. If you're not strong in your company, other person can replace you, if you're not strong to become a father, your wife will ask to break up and you will be lonely etc. Gambling is only for the strong because you need to have a good money management and strong mental, otherwise you will become an addict.

[aioc]

The majority of gamblers one time or another suffered from serious and overwhelming losses, maybe when they are starting out, or while they are playing after a few months or even a few years, there will be a point in gamblers' time where their weakness will eventually show up.
A gambler's real strength is when he overcomes addiction or he knows when he needs to stop or take time to think he is still in control of what he is doing, actually what we are in gambling is a true test of our character.

[Yatsan]

Gambling is for everyone.
Not all gamblers in this industry are down to make huge bets, some are just here to enjoy even if they are a few. Ofcourse if you have strong intentions or desire to win, then you have to be of a bigger bettor, and a 'stronger' one. Losing will always be part of the game and battle will be between your endurance and luck.

But why would a person want to make money by gambling? I thought everyone knew that gambling was for fun. How is it possible for someone to believe that money can be earned through luck? Although the house may have a small edge, it will be evident in numerous games and the total wagers.

Poker and some card games will be different because you are competing against other players, but there is also a part of them that requires luck.

As a result, I can conclude that gambling is not recommended for people who struggle with self-control because it can lead to addiction.

That is just how pwerful the concept of money is. Gambling involves money which creates high hopes for its plaers. Ofcourse gambling is meant to just pass the time but due to the involvement of money, things do change for those who are seeking for it. High chances that many plaers were here to have fun at first but eventually they will have an intention to win. Everyone wants to be rich. If exoectations won't be managed then that is where things could fall down in an instant.

[shogun47]

I have an issue with the title of this thread. I actually expected quite a different story. What does it have to do with being strong when you gamble, lose a whole lot and keep going regardless? Like, why is that strong? Couldn't it also be stupid?

As has been said here before it is just a matter of time until you are out of luck if the odds are mathematically against you, and they are.

Those players, like people winning big tournaments in poker, there are many examples for so called "pro players" who also went broke after staying in the game for many years. Everyone thinks you are a genius when you win the world series of poker, but everyone who has watched some of those summaries knows that the way to get to the final table was incredible luck for those who did. Imagine just how many coin flips you have to win over the course of a multi-day tournament or how lucky the card set ups are. If you have aces and the opponent has kings, there is no genius involved when both go all in. But nobody talks about the lucky hands in retrospect. Everyone just thinks you are genius and won $8 million because you are so smart.

[maydna]

It's not only gambling for the strong, but anything in this world is only for the strong because if you're not strong enough you will get beaten by a person who's stronger than you. If you're not strong in your company, other person can replace you, if you're not strong to become a father, your wife will ask to break up and you will be lonely etc. Gambling is only for the strong because you need to have a good money management and strong mental, otherwise you will become an addict.

But the problem is many people who are not strong at gambling will become even more curious about gambling and use more money. But gambling is for everyone who wants to do it and is not limited to people who have a lot of money or don't have a lot of money. Gambling temptations can make people play where they started gambling because they were curious about how much others had earned. But along with the duration of playing gambling, it makes them get the problems that we often encounter in gambling.

And if they are not strong in controlling themselves during gambling, they will not be able to win but will instead lose many times. That will make them desperate and regret their decision to gamble before but they cannot return the money lost at the gambling table because everything is gone and nothing is left.

[virasisog]

It's not only gambling for the strong, but anything in this world is only for the strong because if you're not strong enough you will get beaten by a person who's stronger than you. If you're not strong in your company, other person can replace you, if you're not strong to become a father, your wife will ask to break up and you will be lonely etc. Gambling is only for the strong because you need to have a good money management and strong mental, otherwise you will become an addict.

But the problem is many people who are not strong at gambling will become even more curious about gambling and use more money. But gambling is for everyone who wants to do it and is not limited to people who have a lot of money or don't have a lot of money. Gambling temptations can make people play where they started gambling because they were curious about how much others had earned. But along with the duration of playing gambling, it makes them get the problems that we often encounter in gambling.

And if they are not strong in controlling themselves during gambling, they will not be able to win but will instead lose many times. That will make them desperate and regret their decision to gamble before but they cannot return the money lost at the gambling table because everything is gone and nothing is left.

Emotionally weak people usually fall into gambling addiction because they can't control their emotions and even their urge to gamble. Gambling is not for emotionally and financially unstable people because those who can't manage their emotions will also have a hard time making firm decisions. Those who are experiencing continuous losses tend to bet more trying to recover their losses and usually fall for a deeper gambling addiction so being emotionally strong to face uncertain and upsetting situations is necessary when it comes to gambling so we'll know how to deal with the risk of losing.

[YOSHIE]

With this, I wondered if other person's here in the forum that are into gambling too has at any point in time thought or felt that way, particularly when the losses are becoming overwhelming. And in that case,

You don't need to say anything more about the actions your friend took, the decision he made was right, your friend was aware and he thought long and hard about his future, we cannot continue to live in the world of gambling, we all have real and real lives that we have to think about and live.

I planted it in myself, I entered the world of gambling, I must have a goal and retire someday, I must really think that a business, project or own business is very dreamy.

I think your friend has a perfect life goal, stop gambling and do business, that's something that needs to be supported.