Never Expect Consistent Winnings From Gambling - A Lesson I Learnt.

[Rruchi man]

he did all he did probably with a mindset that the winnings will keep coming, some even spread some rumor that the guy meet a witch doctor who prepared a luck charm for him, which is what gave him the confidence of quiting his job - to me, this remains a rumor, since there is no way to verify if this is true of false.

I do not think that charms and any fetish thing from any witch doctor will be effective in determining the outcome of sports. If it did, many person's would have already refuted to it to ensure that their winning is constant. Any witc doctor who claims to be able to give gamblers a sure bet is simply a fraud.

Gambling is not a business, and neither should you ever take it as a day job,

Gambling is not a business if you gamble, but gambling can be a business to you if you own a place where people come to gamble. If you are just a mere gambler and want to turn gambling to a main source of income for you, a business, If you cannot open a gambling house where other gamblers can come to gamble and then you make money from them, then there is no other way for you especially not to make money and depend on just gambling alone, you will learn the very hard way.

[Finestream]

Not that the guy is even rich yet, not that he built a mansion or a company for business. He rented an apartment and bought two iPhones and thought the earning will be consistent.

but this is a lesson for us all to learn from.

He left his job just because of gambling. That is stupidity. There is nothing I can learn about this but to see it as stupidity.

Although you are very correct, gambling should not be seen as a business. People that see it as business and a way to make income will always end like this.

Gambling is never designed to become a job that gives consistent income, but purely for entertainment purposes only. If you have given chances to become more profitable on it, that is not because gambling is capable to give you sustainable income, but because you were just lucky every time you decide to gamble. But if those luck had totally gone, then you will never be as profitable as before. And you will more likely to experience losses than profits, if that starts to happen, it’s better to just leave gambling and call it a day.

[milewilda]

Long story short, 2 months after the whole winning spree, this guy lost everything back to casinos where he gambled on, he made gambling his day job, probably increased his bets so as to win more,  but as of today, this guy is joblessly roaming the streets, depend solely on friends to feed, as of yesterday when I overheard him discussing with some one I am also close to, he was asking to help him look for a Job, that what he planned didn't work out - what ever he planned that didn't work out, I don't know, but this is a lesson for us all to learn from.

Gambling is not a business, and neither should you ever take it as a day job, in reference to this thread - it is likely impossible to make a consistent winning from gambling, there are day you win, even much more than $100, and there are days you will lose it all, to make a consistent $100 or more every day in gambling is a mirage, wishful thinking that might never happen.

Feel free to chip in your contribution.

When you do have this kind of approach on which you do make gambling as a business or some sort of source of income then sooner or later you would really be fucked up hard and if you do gamble out all of things like your day job and everything you do have then you would really be definitely be sleeping into the streets and would really be putting up your face into the ground and asking for some help.Its never been ideal
on making yourself that reliant into gambling profits because we know that there are really indeed days which we could really say that we are really that lucky.It might last up for how many days,weeks or months
but it wont really be forever.

On the time that you are already that experiencing some losses then this is where hell would be starting.You would really be chasing up losses and this is the time you would really be getting desperate
until you are already making use or consuming your previous wins into coping up on what you had lost. We should always put up into our minds that whatever winnings we do have
there's always a chance that it would be taken back by the casino. You cant really be winning on everyday and those chants or magical or superstitious things arent
really that effect and never will be.

[TimeTeller]

Not that the guy is even rich yet, not that he built a mansion or a company for business. He rented an apartment and bought two iPhones and thought the earning will be consistent.

but this is a lesson for us all to learn from.

He left his job just because of gambling. That is stupidity. There is nothing I can learn about this but to see it as stupidity.

Although you are very correct, gambling should not be seen as a business. People that see it as business and a way to make income will always end like this.

Gambling is never designed to become a job that gives consistent income, but purely for entertainment purposes only. If you have given chances to become more profitable on it, that is not because gambling is capable to give you sustainable income, but because you were just lucky every time you decide to gamble. But if those luck had totally gone, then you will never be as profitable as before. And you will more likely to experience losses than profits, if that starts to happen, it’s better to just leave gambling and call it a day.

We all know, it is easy to say such action. However, when someone is already deep on his game, he would have hard time leaving it.
But it is always good to re-assess your situation from time to time so you know where you are standing up.
It may help you evaluate your current situation and maybe, still have the logic to change your path before it is too late.
When people are too deep already, they are not thinking clearly anymore as they have other goals in mind already.
So before such challenging time comes, better alter your activities so you won't regret what might possibly happen to your life.

[Sandra_hakeem]

Anything that coins gambling is a "give and take process"....
No one should be expecting to make a living outta some lucky-day douceur...AFAIK, no one keeps record of how much that's being wagered on the wrong games that ends up not producing anything...
As long the casino operates on a balanced scale- or say- a scale where they can eventually derive 65% interest of 100% and 35% loss, then it's impossible for a single Gambler to win everyday consecutively. It's either he'll keep loosing the more tries to win, or he'll have to STOPLOSS.

Sandra 🧑‍🦰

[Johnyz]

~snip~

The guy you told us about was too naive and arrogant, which is why his gambling experience was so bitter. The winnings clouded his mind and he showed you his true face. Do not do business with him, for such people cannot be loyal for long. If you want to help him, advise him to see a specialist and quit gambling for a while.  

Exactly, its not easy to be partnered with a greedy person and even if you know that guy you can’t still trust him that much. There might be a good winnings to attract someone but you also need to remember that this is gambling, anything can happen and losing is inevitable. Better to gamble on your own, and if you want to help that guy out of that addiction, you still need a help from a professional.

[Mate2237]

How can someone thinking of winning every time or day. It is not even possible. The matter how you are lucky, consistent winning is not possible. How can some even visit the gambling station every day? I'd it that gambling is his work? And he is not doing another thing for survival. There are some sportbook markers that will not allow a gambler to bet games a again if he wins every time in the station. Even though they are not the ones to pay the gambler win his records are from that center so the company will suspect the center. And possibly stop the center for a while to monitor the account.

[_act_]

Gambling is never designed to become a job that gives consistent income, but purely for entertainment purposes only. If you have given chances to become more profitable on it, that is not because gambling is capable to give you sustainable income, but because you were just lucky every time you decide to gamble. But if those luck had totally gone, then you will never be as profitable as before. And you will more likely to experience losses than profits, if that starts to happen, it’s better to just leave gambling and call it a day.

And do you know what? Nobody will ever be consistent to win, even if you do not gamble frequently, their are some days that are just bad. What I think about the guy is that he won suddenly and he thought that gambling is easy and he will make more money, he will even increase the money he was using to stake after those massive profit. Instead to do something good with the money, something like business, he just continue to gamble and left himself a regret. He do not know he can not continue to win as he sees gambling as a way to get income. He can not beat the house, the house would win.

[carlfebz2]

How can someone thinking of winning every time or day. It is not even possible. The matter how you are lucky, consistent winning is not possible. How can some even visit the gambling station every day? I'd it that gambling is his work? And he is not doing another thing for survival. There are some sportbook markers that will not allow a gambler to bet games a again if he wins every time in the station. Even though they are not the ones to pay the gambler win his records are from that center so the company will suspect the center. And possibly stop the center for a while to monitor the account.

This had come into my mind too on which basing up on whats been mentioned on OP telling about "Long story short, 2 months after the whole winning spree, " then it is something that unbelievable. You cant really be having that winning state on a 2 month period unless if those are involved with some losses but on day to day basis turns out to be profitable on a casino? It does really sounds unrealistic.
I dont know if this one is really that true or just simply making some story that do only happen on movies.  
It would really be that suicidal on quitting up your job just because you do made out some winnings on a gambling casino on which you would be having thoughts that you might be able to sustain it like forever.
It is really that a huge mistake if you've been thinking up this way, you would really be fucking up yourself later on when the situation turns upside down and it really did. This is usually the most common result
or outcome if you are really that forcing that gambling is something you could make a living.

[Yatsan]

A reminder for everyone who hopes to be rich from gambling. But to assume where this expectation comes from, probably because of news or instances that some gamblers won big time. Indeed there are some people who got rich because of this activity but keep in mind that there's more who became broke because of gambling; some were left in huge debt, some sold house and other properties. And this should be an enough warning to those who are still having the same mindset. Also, there are people who wishes to rely daily expenses in gambling which is also not advisable. What if you happened to lose for a certain day, what will you do? It would always be better to just make this industry a leisure and without dependency.

[qwertyup23]

~snip~

The guy you told us about was too naive and arrogant, which is why his gambling experience was so bitter. The winnings clouded his mind and he showed you his true face. Do not do business with him, for such people cannot be loyal for long. If you want to help him, advise him to see a specialist and quit gambling for a while.  

Exactly, its not easy to be partnered with a greedy person and even if you know that guy you can’t still trust him that much. There might be a good winnings to attract someone but you also need to remember that this is gambling, anything can happen and losing is inevitable. Better to gamble on your own, and if you want to help that guy out of that addiction, you still need a help from a professional.

Not just any greedy person but it is definitely a red flag if a person gambles too much to the point of losing their whole purpose and goal in mind.

I mean, I do understand that gambling is not an illegal activity per se, but if it clouds your judgement to the point that you prioritize it above anything else, then it should at least give you an idea about its potential danger. Personally speaking, I dealt with someone who frequently gambles in our family and let me tell you- they will always ask for loans, etc. to the point that they try to reason everything for the sake of having cash to gamble.

I just hope that this kind of thread creates a wake-up call to everyone who struggles limiting their gambling activity. Sure, gambling is fun especially when you experience that adrenaline but be careful not to exceed your limits.

[lionheart78]

Gambling is not a business, and neither should you ever take it as a day job, in reference to this thread - it is likely impossible to make a consistent winning from gambling, there are day you win, even much more than $100, and there are days you will lose it all, to make a consistent $100 or more every day in gambling is a mirage, wishful thinking that might never happen.

Feel free to chip in your contribution.

Gambling is a business where the owner wanted to profit from the users or players. There are always two sides to the story, the owner can claim success while the player losses.  I do not think it is right not to think gambling can be a job, a job means being a staff of a gambling casino and not as a player.

Players should be wary that every day is not a sunny day especially when we are playing against a house that wanted to profit from our losses.  I do agree with you that we, as a player, should not think that gambling can be a regular source of income.  There may be times we can win big but most of the time we will be losing.  I believe every gambler here in the forum can attest to that.  So while we are still in control, better to moderate our gambling activity, do not take gambling as a substitute for our daily jobs because it is highly possible that we can end up badly if we do.

[romero121]

We used to come across different gamblers winning jackpots. Looking at that we feel ourselves having similar luck and winning big money. When this changes automatically everything will be in control. Till we understand real gambling it used to be hard for us to accept loss. Once a gambler have understood, then he/she will analyse well and spend. Probably the gamblers who spend much on sports betting doesn't experience much loss compared to the gamblers spending much on casinos games.

[Rigon]

OP I read your entire story and understood from there that pride is the root of man's downfall. The man you quoted had accumulated so much pride that his destruction was inevitable. He didn't realize that the gambling section was a completely luck based platform. Every person should remember that no matter how big or small work one earns from any means one should never be proud of that income. Whenever you go to a good position and get arrogant with people, your wealth will definitely decline. But I don't have much trouble with the person destruction you quote. Many people have been purified there following him.

I would like to say from my personal side that none of you should ever be arrogant. No matter how much money you have, you will always treat people well. God gave you money to understand your mind. First of all you should love people and follow the words of the Creator. Only then will you see that you are living a very beautiful life.

[harizen]

We can't really take away that mindset from those who already win big from gambling. These people think that the winning experience they got from gambling will be repeated always. That feeling when they won big, something they always want to experience again - that's the start of the trap.

I even experience that personally and for others here as well I'm sure of it. Since we won big, we want that to happen again and the result, is several attempts to experience that again. Unfortunately, the result isn't the same and because of that, more attempts will be made until experiencing that winning big amount again.

It's the same when Bitcoin is on a very bullish trend and every newbie thinks they are smart as they made profits in just a short term. They think earning money in Bitcoin is easy as 1,2,3 and their confidence takes them to a higher level. And when bear trends come, the entire of them just vanished without a trace.

[Strongkored]

Feel free to chip in your contribution.

This person must have won a larger amount than what you mentioned, because in my opinion it is impossible if he only won the money with the amount you mentioned but being able to buy 2 iPhones, I really don't know the price for sure but I'm sure the prices won't vary much in every country though the person lives in a poor country, the money has definitely been used up to buy 2 iPhones and that has not been used to pay for hotels and all other activities that require money.

This story is almost the same as the story of gamblers who won huge prizes but their lifestyle made them poor again, even the money they won was able to make them live in peace until old age.
Money that is easily obtained will also be very easy to lose because the mentality of those who receive it is not ready for this money.
So there is not enough money to guarantee life, but the important thing is to maintain a lifestyle so that the money you get will be very useful

[alegotardo]

Long story short, 2 months after the whole winning spree, this guy lost everything back to casinos where he gambled on, he made gambling his day job, probably increased his bets so as to win more,  but as of today, this guy is joblessly roaming the streets, depend solely on friends to feed, as of yesterday when I overheard him discussing with some one I am also close to, he was asking to help him look for a Job, that what he planned didn't work out - what ever he planned that didn't work out, I don't know, but this is a lesson for us all to learn from.

The problem is that we easily get used to good things... if we win in one day, we will bet again hoping to win in the second, if this is repeated one, two, three times then we believe that we are invincible and that feeds an unreal hope that anything is possible.

I would say that winning many times is worse than losing many times, exactly because it gives this perspective that it is possible to live only from games of chance.
However, however great our earnings, we should never entrust our lives to gambling.

Thank you for your report, sometimes we need to read stories like this to remind ourselves that gambling needs to be just a hobby and addiction to it is our biggest downfall.

[ethereumhunter]

I agree never expect consistent wins from gambling because gambling is not a place to make money. If one can get a big winning streak, it won't last forever because, after that winning streak, there will be a losing streak to come. If someone can be wise after getting a big winning streak, he should use his money well, especially if he can set up a business that can give him more definite profits than gambling.

From that story, I also agree with the second child who said it is better to learn from other people's experiences so that we don't have to make mistakes and can know or prevent them before we make mistakes. But we must be able to learn from experience, be it our experience or that of others, so we won't make mistakes either.

[davis196]

meet a witch doctor who prepared a luck charm for him, which is what gave him the confidence of quiting his job

This is so dumb and delusional that I don't believe it. I do believe the other parts of the story, about spending money for hoes and random shit.
Arrogance is the path to failure. I know that after winning a bunch of games, a player gets the false sense of "being good at gambling".
This is a delusion. He isn't good at gambling, he's just lucky. Luck comes and goes. I know that some gambling games like poker require skills besides luck, but even the greatest poker players can't win all the time. I really hope that your friend realizes the huge mistakes he makes in his life and tries to follow the path of self-improvement.

[swogerino]

That is something very well known.I can relate very well to this story.Whenever I win in gambling I think that the same thing will happen again and again but this is just an illusion and is exactly this illusion who keeps us coming back because in our mind we don't remember losing bets only winning ones.I used to keep buying the bonus in slot machines and I keep doing this until my balance ends or until I hit it big.Sometimes I have hit x5000 my bet and that feeling is something really unique and great and is the only thing that keeps me coming back.Unfortunately I do not learn from mistakes when losing money as that x5000 win keeps me coming back and that is a common illness between the majority of gamblers.