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

[len01]

1. someone who rarely or almost never holds large amounts of money will surely turn out to be arrogant, it is normal in the natural instincts for every human being.
2. only a fool would consider gambling as the main reason for a steady income.
3. in simple terms, gambling is a place to have fun, not a place to multiply money.

to be honest there are too many people i met in my city like your friends. but nevertheless it is their right to decide how to behave towards gambling and the big wins he gets. the most important thing is to make that bad experience a lesson for us not to follow like your friends.
but sometimes all of that changes when the situation reverses, like gamblers get money instantly which can turn a good character into a bad one.
what I know is that money that can be earned quickly will also run out quickly.

[Plaguedeath]

Gambling was never been a way of making consistent money and still never until now.

Speaking about the other part of the story, of your "supposed friend". I'd say money can change people right? that's what happened, he's just too dumb to think that gambling could open their arms well for him.

Money doesn't change @OP's friend, but @OP's friend already has such behavior from the beginning, the difference is when the @OP's friend is lack of money, he can't fulfill all his want. Now he have a lot money to fulfill anything he want, that's why he can do that. That's why in order to know the real personality of someone, let him have a lot money, power and drag him in difficult situation.

[Reatim]

Winning in 3 consecutive days without losing ? well this is something we can call a very lucky man and for me that is more than enough to believe he needs to stop.
though the winning per day cannot be called as that big yet he managed to beat the site for that days.

I also have a chance to beat the  site once winning thousand dollars , at least 5k usd that time , but know what? my greedy mind let me lose everything that day so i have no second day of winning.

the main lesson here? that if you doubled your capital? better to leave the table and when you return next day? make sure that your winning from the previous day will be the only amount to spend so you will not lose anything that just your time.

[piebeyb]

Winning in 3 consecutive days without losing ? well this is something we can call a very lucky man and for me that is more than enough to believe he needs to stop.
though the winning per day cannot be called as that big yet he managed to beat the site for that days.

I also have a chance to beat the  site once winning thousand dollars , at least 5k usd that time , but know what? my greedy mind let me lose everything that day so i have no second day of winning.

the main lesson here? that if you doubled your capital? better to leave the table and when you return next day? make sure that your winning from the previous day will be the only amount to spend so you will not lose anything that just your time.

I personally or maybe you are just giving advice to people not to be greedy when you feel like you have beaten the gambling machine and feel you have won enough to stop, but in fact it is difficult to get rid of our greedy nature as gamblers even I am still sometimes selfish and greedy when I win, so giving advice to other people as well as giving advice to ourselves, most who like that gamble don't know the time even if they win they will continue to double the next bet and eventually lose and lose a lot of money.

It is difficult to leave the table or gambling machine when we have really won a lot, because it may not be consistent so it is difficult to stop the game because the feeling of dissatisfaction sometimes makes us still have a greedy nature to want to win even more, it's strange that if gambling is for the purpose of seeking pleasure we will be consistent stop when we really feel happy, unlike gambling with the aim of making money we will never know when to stop even though we win. in the end our money will run out too

[Pierre 2]

I think this is very great example. One of those examples that I can safely share with friends. In my opinion money should always be spent wisely. You may beone rich person or you may be luckiest man alive making millions through gambling, it doesn't even matter. Your aim must be to keep income flow so your spendings will never surpass your income. Skilled people can make a lot of money through gambling, its undeniable reality. But gambling is not equal of day job or investment. Consistent winning in gambling doesn't exist. Consistent winners on social media are generally rich people that can afford to lose many times.

[Kakmakr]

I do not want to sound mean, but your friend sounds like a fool. It has been proven over and over again that gambling are not profitable in the long-run. Yes, some people are lucky to win something BIG in the early days, but most of them continue playing and then they lose everything.

This is why they say, "The house always wins" .... people win and continue playing and the RTP kick in and the house takes it back. I do not want to sound like a conspiracy theorist, but I think some casinos have methods to provide you with a good "seed" in the early days... and once they reeled you into gambling, they then swap that seed for a seed that makes you lose more often. 

[Solosanz]

Your friend are really stupid to think winning three days in a row will make him to always make money through gambling. Even someone have making money 30 days in a row, I still will not say gambling can become their main source, maybe after 1-2 years if your friend keep making money through gambling, he can resign from his job.

But it's okay for your friend to learn from this mistake, at least he didn't ask a loan and that might make him want to commit suicide.

[demonica]

As what they've said, the money you get easily also run out easily... That's the common mistake gamblers do when they experienced winning. When they win, they spend a lot on luxury and continue gambling thinking they'll win again. Your friend is lucky to win three consecutive days but he forgot about that it isn't always like that. He could've used the money he won on better things. It could've helped him change his life for the better but since he used his winnings on unnecessary things just to satisfy himself, he forgot about the important things. Instead of having a better life, it becomes worse.
Also another mistake he did was to quit his job just to continue gambling. Even with all the amount of winnings he have for those 3 days, it wouldn't be enough for his daily living until he dies without any other source of money. He may be lucky but he didn't use his luck smartly.

[Die_empty]

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.

Making gambling a full-time job is moving consciously toward the pathway of poverty and frustration. There are no guarantees that you will win constantly, so one cannot depend on it for survival. I have never seen any full-time gambler that is financially stable because they are not sure of their income. It is better to take a low-paying job than to depend on income from gambling.

The experience of your friend is because of his level of understanding. Before he won the bets, he aspires to live a life of luxury. He was just exhibiting his thoughts and aspiration. If he was investment minded, he would have invested his win in a profitable business. He needs to get another job, apologies to his friends and learn to be humble. He has not failed, he just went through a phase that has taught him some good lessons. I hope he has learned some good lessons.

[KTChampions]

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.

For novice casino players, this is a common occurrence. They either "invent" Martingale or "reliable" bets on low odds (<1.1) which allows them to make relatively stable profits over time. The problem is that when they are already almost sure that they have found a gold vein, a big loss happens (with such strategies, this is inevitable). But instead of realizing that they were wrong, they call this big loss an accident and repeat everything again.

[Cling18]

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 the 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.

Making gambling a full-time job is moving consciously toward the pathway of poverty and frustration. There are no guarantees that you will win constantly, so one cannot depend on it for survival. I have never seen any full-time gambler that is financially stable because they are not sure of their income. It is better to take a low-paying job than to depend on income from gambling.

The experience of your friend is because of his level of understanding. Before he won the bets, he aspires to live a life of luxury. He was just exhibiting his thoughts and aspiration. If he was investment minded, he would have invested his win in a profitable business. He needs to get another job, apologies to his friends and learn to be humble. He has not failed, he just went through a phase that has taught him some good lessons. I hope he has learned some good lessons.

Money can change people's mindsets and attitudes, especially in gambling. That friend of yours have thought that he can always get lucky in gambling and relied on it to the extent of leaving his full time job. He didn't value the money that he got from his gambling winnings because it isn't really his hard-earned money.
Truly, regrets and lessons come last because when we are experiencing comfort, we enjoy and disregard our future needs which is a wrong attitude. Leaving a job for gambling will never be a wise decision. We can't always rely on gambling or even expect continuous winnings. We all want to win and be lucky but we should see it the right way or as much as possible, consider gambling as a source of entertainment.

[madnessteat]

As what they've said, the money you get easily also run out easily... That's the common mistake gamblers do when they experienced winning. When they win, they spend a lot on luxury and continue gambling thinking they'll win again. Your friend is lucky to win three consecutive days but he forgot about that it isn't always like that. He could've used the money he won on better things. It could've helped him change his life for the better but since he used his winnings on unnecessary things just to satisfy himself, he forgot about the important things. Instead of having a better life, it becomes worse.
Also another mistake he did was to quit his job just to continue gambling. Even with all the amount of winnings he have for those 3 days, it wouldn't be enough for his daily living until he dies without any other source of money. He may be lucky but he didn't use his luck smartly.

I think that in fact the guy in question is just still young enough and does not know how to manage money competently, so everything turned out that way. Such a person can be given a million dollars and in a year he will be left with nothing. In fact, $2000 is not that much money. There have been cases that I've lost more in a casino in one day, so there's no point in this guy getting upset about it, but he needs to find a job anyway.

[Jody.Drummer]

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 the 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.

Making gambling a full-time job is moving consciously toward the pathway of poverty and frustration. There are no guarantees that you will win constantly, so one cannot depend on it for survival. I have never seen any full-time gambler that is financially stable because they are not sure of their income. It is better to take a low-paying job than to depend on income from gambling.

The experience of your friend is because of his level of understanding. Before he won the bets, he aspires to live a life of luxury. He was just exhibiting his thoughts and aspiration. If he was investment minded, he would have invested his win in a profitable business. He needs to get another job, apologies to his friends and learn to be humble. He has not failed, he just went through a phase that has taught him some good lessons. I hope he has learned some good lessons.

Money can change people's mindsets and attitudes, especially in gambling. That friend of yours have thought that he can always get lucky in gambling and relied on it to the extent of leaving his full time job. He didn't value the money that he got from his gambling winnings because it isn't really his hard-earned money.
Truly, regrets and lessons come last because when we are experiencing comfort, we enjoy and disregard our future needs which is a wrong attitude. Leaving a job for gambling will never be a wise decision. We can't always rely on gambling or even expect continuous winnings. We all want to win and be lucky but we should see it the right way or as much as possible, consider gambling as a source of entertainment.

I still feel this is more about the ego and it is quite natural when someone is controlled by the ego, then something like this must happen because they already consider themselves capable, even though in this condition it is the same as an angler who is waiting for his bait to be eaten and OP's friend who is a gambler can be likened to the fish.

But on the other hand, this is the character of someone who is indeed difficult to change if indeed they do not have strong self-control inside and when something like what has happened to a friend that OP told me about, regret will not change anything.

[coin-investor]

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.

Honestly, it's very tempting to think that way I used to have that in the early stage of my gambling session,  winning consecutively and having a winning run you'll think that you find a method for consistent winning and you go on like this until you are busted.

Many newbies are like that 3 to 5 winning sessions will make any newbies thinks they have a lucky charm and when they are losing they think that the charm will give back their winnings, so they chase their losses.
They held on to their belief that quitters never win.

[Mahanton]

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.

Honestly, it's very tempting to think that way I used to have that in the early stage of my gambling session,  winning consecutively and having a winning run you'll think that you find a method for consistent winning and you go on like this until you are busted.

Many newbies are like that 3 to 5 winning sessions will make any newbies thinks they have a lucky charm and when they are losing they think that the charm will give back their winnings, so they chase their losses.
They held on to their belief that quitters never win.

Very common for new gamblers or to those who are just recently dealing up with gambling on which they do really believe that they could really get rich because of it just because they have able to win up some few games and ending up on being profitable which we know that this isnt how the reality works. There's no way for us to retain that luck factor which is something that we cant really be able maintain until we do lost it all.
You would really be having that kind of impression on which you do believe that you do have all the luck on this world without even trying to look on whats the real deal on gambling. Consistent winning on gambling cant really be that impossible, if you do been able to experience some winnings streaks then it would be wise if you do keep em and save it up for other purpose. Dont chase up for further more winnings
because once the table would turn upside down then it would really be giving off the different outcome which you arent been expecting for it to happen and this is where disappointments do start
which would mold up next that desperation which it is something that we do need to avoid.

[SirLancelot]

Did I read something wrong or are these two different stories? In the first case, the path from success to failure took only 3 days, and in the extended version of the story, it took 2 months. Let's say I'm ready to believe that there are such stupid gamblers who quit their jobs after three days during which they win 2.5 thousand dollars, but it's hard for me to believe that someone is lucky for 2 months.

In a third-world country, that much money can be a good enough amount for you to live a luxurious life for about 2 to 3 months, and as OP mentioned, the money that he had won was big when converted to their local currency and that is probably the reason why he was able to do all that and still have some money left that he lost later.

He definitely didn't deserve that money and that is the reason why he couldn't sustain the success he was getting through gambling, we all know that gambling is not a way to earn money constantly, and if one is earning some, one should use it well and shouldn't start thinking that they will keep earning like that.

[ralle14]

I'm surprised that he lasted for more than a month while spending that much because I can't imagine how he managed the days when it wasn't profitable for him. He's also lucky that his friend is willing to give a helping hand when he's in a tight situation. I used to view gambling in a similar way back then but good thing i'm already past that point and now it's more like a group activity for me where I don't have to focus on winning and simply enjoy it regularly together with other fellow gamblers.

[tusandii]

I'm surprised that he lasted for more than a month while spending that much because I can't imagine how he managed the days when it wasn't profitable for him. He's also lucky that his friend is willing to give a helping hand when he's in a tight situation. I used to view gambling in a similar way back then but good thing i'm already past that point and now it's more like a group activity for me where I don't have to focus on winning and simply enjoy it regularly together with other fellow gamblers.

Even worse, he can become a gambling addict because of a hope of getting consistent wins, which is his goal if things like this are continuously done.
On the bright side, he can stop and limit himself more in each betting session so that what he has lost in a month is not sustainable and gets worse. It's true what you said he is very lucky because he still has friends who want to reach out to help him through difficult situations that occur because gambling.
I'm sure every gambler here must have experienced it in the past and having an experience like that can give every gambler a valuable lesson for the future.

[jostorres]

I do not want to sound mean, but your friend sounds like a fool. It has been proven over and over again that gambling are not profitable in the long-run. Yes, some people are lucky to win something BIG in the early days, but most of them continue playing and then they lose everything.

This is why they say, "The house always wins" .... people win and continue playing and the RTP kick in and the house takes it back. I do not want to sound like a conspiracy theorist, but I think some casinos have methods to provide you with a good "seed" in the early days... and once they reeled you into gambling, they then swap that seed for a seed that makes you lose more often. 

He is definitely a fool since he left his job only because he was lucky for a few days in gambling which rarely happens but he took it too seriously and started thinking that this has changed his life and now he can live a luxurious life away from everything that he had previously along with friends and family who have always been there for him.

Now when he is roaming around jobless searching for jobs and asking people for help, he must realize what he has done to his life only because he became arrogant and ignorant when he had some money in hand.

[FanEagle]

This is true for trading as well, and gambling too. There are too many people who make an income, anyway possible, could be work, could be trading, could be investing, could be bots, could be gambling, could be anything, basically making income. And those people who start and make income for awhile, think that it will continue the same way for a long time as well, which is just not true, it is not going to be like that at all.

We should realize that it is going to cause a bunch of trouble and we should not be doing anything like that, we should avoid that if possible. Just because you made income for a while, doesn't mean that you will continue to make an income, it will cause a lot of trouble and eventually you will lose money as well, no point in that.