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

[Theones]

^
Damn Poker Player! You really didn't ignore it. But I think the main point of the story is not about his gambling and losses but the lesson to be learned from the story to not start living like a king when you are not a king.

It's too early to live a high life when you have temporary riches. It's not like you are elon musk who has a government contract and got billions that even his grandchildren's children couldn't spend it all in their entire lives.

relax - everyone has their opinion and we must listen to them
In my opinion - Gambling is a silent killer - its kills you from inside. I don't know about the empty feeling when one loses its precious belonging.

[Lanatsa]

^
Damn Poker Player! You really didn't ignore it. But I think the main point of the story is not about his gambling and losses but the lesson to be learned from the story to not start living like a king when you are not a king.

It's too early to live a high life when you have temporary riches. It's not like you are elon musk who has a government contract and got billions that even his grandchildren's children couldn't spend it all in their entire lives.

relax - everyone has their opinion and we must listen to them
In my opinion - Gambling is a silent killer - its kills you from inside. I don't know about the empty feeling when one loses its precious belonging.

Its a silent killer if you are really making yourself that irresponsible on handling your finances and with your emotions.You would really be slowly putting up yourself into a big trouble if you wont be able to control it.

It all matters on how you would really be handling up yourself and be wary in regarding with your actions because if not, then you would really be putting yourself on so much trouble.
We shouldn't really make ourselves believe that gambling is all about winning and making yourself that get rich in short time.Always be mindful that it is really just for the sake of fun and entertainment.
There's no way that they would really be letting anyone to be on the advantageous side but rather they would really be the ones who do always win. House do always win in the end.

Dont make yourself get suffered first before you would be able to make out some realizations because gambling is risky if you do have that kind of belief or treatment into it.
Its not a get rich quick scheme or thing that you could able to deal with.

[Woodie]

Love the parable used here, but I  think both sons have valid answers of what experience is all about because this can be applied in different scenarios. Besides to learn a lesson.. sometimes you have to have first had experience to be able to tell others what you experienced... otherwise curiosity will force you to try something out to get a hard learnt lesson.

And looking at that  example of the arrogant gambler,  everybody knows that the house always wins, and it gets bad if pride gets to you thinking you are invisible when in reality its all about having a lucky day or run and take what you can...once you are back just know the house will reclaim whats left!

[serjent05]

The effects of gambling on player are dependent on how the player manage his gambling activity.  Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself.  Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job.  Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow.  Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

[Cryptock]

The effects of gambling on player are dependent on how the player manage his gambling activity.  Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself.  Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job.  Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow.  Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

In some religions and country gambling is considered bad thing and it is banned strictly
You cannot gamble in Saudia, Qatar, Iran, Pakistan and other islamic states. So let me remind you they are considered bad.

[Fiatless]

^
Damn Poker Player! You really didn't ignore it. But I think the main point of the story is not about his gambling and losses but the lesson to be learned from the story to not start living like a king when you are not a king.

It's too early to live a high life when you have temporary riches. It's not like you are elon musk who has a government contract and got billions that even his grandchildren's children couldn't spend it all in their entire lives.

The story was not well written because many inconsistent activities are making it look untrue. This story might be true but the writer may lack some writing or storytelling skills. I have been around some persons that cannot narrate incidents in a simple, clear, and understandable manner. They keep on mixing things up until you get tired of the whole story. Others might not have abilities to arrange and put down words coherently and sequentially. They end up writing information in an uncoordinated manner that can make one doubt the write-up.

The story might not be true or badly written but I am sure everyone got the information. It is important to put out information in a truthful and organized but everyone got the moral of the story. The target was to enlighten us about the dangers of over-gambling and overspending. He tried to inform us of the need to maximize our wins in gambling because we might not be lucky all the time. He drove down the fact that easy money shouldn't lead to easy spending.

[Silberman]

^
Damn Poker Player! You really didn't ignore it. But I think the main point of the story is not about his gambling and losses but the lesson to be learned from the story to not start living like a king when you are not a king.

It's too early to live a high life when you have temporary riches. It's not like you are elon musk who has a government contract and got billions that even his grandchildren's children couldn't spend it all in their entire lives.

This is something which is also very common with new traders, especially those which make some crazy trades by investing in a meme coin no one knew about and then they happen to win and earn a good amount of money, but instead of thinking of themselves as incredibly lucky this was the case, they actually believe those results can be replicated at will and they start to live the high life thinking this will be their new life, only to discover some time later they were completely wrong about it.

[Mauser]

The effects of gambling on player are dependent on how the player manage his gambling activity.  Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself.  Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job.  Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow.  Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

I fully agree with you, gambling can't be looked at as a secure, constant and guaranteed way of income. By nature randomness is involved in gambling, and even with the best possible strategy we won't be able to always win. The professional Black Jack players only manage to shift the expected values from slightly below 50 percent to above 50. It's not like they are going to win now every session they play, it's only the more they play the higher their chances of making a profit. That is why it's so important to look at gambling as form of entertainment and not a form of income. Gambling is only a business for the casino and it's a job for the people working for them. When we only use the money we can afford to lose and don't rely on making a profit it's not going to be an issue.   

[Outhue]

Consistent winning from online casino is no more a gambling, if this happens to you it's a calling to move out of the online casino straight away, you might not get that lucky playing games for two weeks on such a platform again.

I don't always like letting winning get the best of me, whenever i start winning again and again I stop gambling and click the withdrawal straight, because what will happen next is a high numbers of losses.

It's not the same thing when it comes to losing continuously, when you have no winnings at all, if you keep losing and your threshold for the day is met, just take the loss wholeheartedly and quite for that day.

[Wakate]

Love the parable used here, but I  think both sons have valid answers of what experience is all about because this can be applied in different scenarios. Besides to learn a lesson.. sometimes you have to have first had experience to be able to tell others what you experienced... otherwise curiosity will force you to try something out to get a hard learnt lesson.

There are so many lessons we can learn from what op had written and this is a eye opener for people who thinks they can always have consistent profits from gambling which is very clear that most profits that we make are from other gamblers that make loses. Loses is normal in gambling just like when we talk about trading too where you can always make loses and make profits as the same time.

And looking at that  example of the arrogant gambler,  everybody knows that the house always wins, and it gets bad if pride gets to you thinking you are invisible when in reality its all about having a lucky day or run and take what you can...once you are back just know the house will reclaim whats left!

I always take precautions when I make loses in gambling because I wouldn't want to continue losing so I don't give out all the profits I had made at the previous attempts. Gambling can be very tricking and those who don't understand how it goes would think that we ought to be making consistent profits Everytime. Those who are betting with big funds and always show there result to the public most the big winnings they have, we should know that they also do make loses which is not always shown to the public.

[madnessteat]

^
Damn Poker Player! You really didn't ignore it. But I think the main point of the story is not about his gambling and losses but the lesson to be learned from the story to not start living like a king when you are not a king.

It's too early to live a high life when you have temporary riches. It's not like you are elon musk who has a government contract and got billions that even his grandchildren's children couldn't spend it all in their entire lives.

This is something which is also very common with new traders, especially those which make some crazy trades by investing in a meme coin no one knew about and then they happen to win and earn a good amount of money, but instead of thinking of themselves as incredibly lucky this was the case, they actually believe those results can be replicated at will and they start to live the high life thinking this will be their new life, only to discover some time later they were completely wrong about it.

I agree with you. Sudden success very often clouds the mind of the lucky man and he thoughtlessly spends money on all sorts of trinkets, forgetting that money should work and multiply. After spending all the money the lucky man becomes an ordinary man again and in memory of his former luck he keeps a smartphone and some other trinket.

To become rich and stop working yourself, you need to be able to limit your entertainment in the formative period and make your money work.

[Cookdata]

The effects of gambling on player are dependent on how the player manage his gambling activity.  Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself.  Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job.  Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow.  Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

It may seem simple to say that gambling is entertaining, but I believe that addressing gambling addiction goes beyond mere entertainment. Money has a profound effect on one's mentality, and it has the power to alter one's thinking in many ways. One key factor in controlling gambling addiction from its root is addressing the issue of greed. The love of money is inherent in many individuals, and when money enters the equation, it can rapidly change a person's mindset.

As gambler, if one can manage to control the greed within themselves, gambling can be approached as a source of fun and entertainment. However, once greed reaches its peak, gambling ceases to be enjoyable. At that point, gambling becomes solely focused on doubling money, trust me, sports bettors that have incurred debts understand this temptation better.

[AicecreaME]

The effects of gambling on player are dependent on how the player manage his gambling activity.  Gambling is not a bad thing if viewed as a form of entertainment and the person is in control of himself.  Though I disagree with @OP that gambling is not a business, I would say in a player's part that gambling shouldn't be viewed as a source of income that can replace our job.  Gambling result is always random and we might experience a green streak today but there is no guarantee that it will continue to be green streak tomorrow.  Those who are caught in the thought of gambling is a good source of income often ends up with nothing in hand.

It may seem simple to say that gambling is entertaining, but I believe that addressing gambling addiction goes beyond mere entertainment. Money has a profound effect on one's mentality, and it has the power to alter one's thinking in many ways. One key factor in controlling gambling addiction from its root is addressing the issue of greed. The love of money is inherent in many individuals, and when money enters the equation, it can rapidly change a person's mindset.

As gambler, if one can manage to control the greed within themselves, gambling can be approached as a source of fun and entertainment. However, once greed reaches its peak, gambling ceases to be enjoyable. At that point, gambling becomes solely focused on doubling money, trust me, sports bettors that have incurred debts understand this temptation better.

This is so on point!

Most of the times, people who aspire to have so much are the ones getting addicted in gambling. They view gambling as money making platform to the point wherein sometimes, they abuse it and they go beyond their limits as well to prove something or achieve something. Money is essential for us to survive. However, there should be a limitation as to where we should continue and stop running after it despite it being necessary in our everyday lives. If a gambler can't control his desire for money and if it becomes toxic and suffocating, then the more gambler must guard his mind to avoid being clouded with bad judgments that can bring harm.

Indeed, if a gambler knows his boundaries and can control his emotion, not letting greed to take over, gambling will be enjoyable and profitable at the same time. It's just really a matter of discipline when we talk about money and ways to generate it without losing our identity.

[piebeyb]

Consistent winning from online casino is no more a gambling, if this happens to you it's a calling to move out of the online casino straight away, you might not get that lucky playing games for two weeks on such a platform again.

I don't always like letting winning get the best of me, whenever i start winning again and again I stop gambling and click the withdrawal straight, because what will happen next is a high numbers of losses.

It's not the same thing when it comes to losing continuously, when you have no winnings at all, if you keep losing and your threshold for the day is met, just take the loss wholeheartedly and quite for that day.

Consistent winning against the casino is being able to control yourself as a gambler not to get carried away when you feel like you are losing and losing a lot of money, every time I win I always withdraw money just like you did because we won't know by playing the game after winning, I think the funds you will run out if you continue the game.

Quitting gambling is the best way when you win big, even though it's not consistent enough to admit that you won against the casino, that is, against your own desire to bring a lot of money, to gamble, you have to use a healthy mindset, that is, just have fun when you win, then withdraw all the money, that's it. easy enough to do for everyone.

[Crypt0Gore]

Consistent winning in what way? There is no way you can keep winning on a online casino unless you are playing a game that is based on skills, and most gambles on casinos are based on luck, so if consistent winning is happening you should be aware that you are just lucky, I don't expect you to keep playing the game while you keep winning, I expect you to take your gains off the gambling platform, if you keep winning to a point, the gambling platform might think you are using something and they will restrict you.

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

[xSkylarx]

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

This is really what scared me most because, let's say this will happen and you are extremely lucky and you don't do anything about it, then for sure the possibilities are that they will really lock your account and you can't withdraw, and also, what is fishy if they notice something like that, meaning they are really controlling your winnings? Let's say if the person already won $500 on just that day or that bet, then he should start a losing streak, which means they can really control it.

[maydna]

Consistent winning in what way? There is no way you can keep winning on a online casino unless you are playing a game that is based on skills, and most gambles on casinos are based on luck, so if consistent winning is happening you should be aware that you are just lucky, I don't expect you to keep playing the game while you keep winning, I expect you to take your gains off the gambling platform, if you keep winning to a point, the gambling platform might think you are using something and they will restrict you.

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

It is a mistake if we expect to be able to win continuously in gambling because it is difficult to get. We must feel lucky if we can win at gambling because not many people can win, and no one can win consistently from gambling. And I agree with you that gambling in casinos is based on luck, so if we don't get lucky when we play, we won't be able to win.

And when they play in a big casino, maybe the casino can make a requirement before you can withdraw the winnings. So be prepared if that happens.

[len01]

Consistent winning in what way? There is no way you can keep winning on a online casino unless you are playing a game that is based on skills, and most gambles on casinos are based on luck, so if consistent winning is happening you should be aware that you are just lucky, I don't expect you to keep playing the game while you keep winning, I expect you to take your gains off the gambling platform, if you keep winning to a point, the gambling platform might think you are using something and they will restrict you.

even though playing a skill-based game I'm sure there will still be no consistent wins. because skill-based games also still depend on luck and I don't think that luck comes every day in gambling, unless it's a bookie.

Some casinos will even stop you from withdrawing your wins because they will believe that something is off, maybe after proper investigation they can allow you to withdraw your funds.

if betting at a trusted and reputable casino and luck came my way i think withdrawals would not be a big deal. Unless betting at a new casino is indicated as a scam, there will definitely be problems when you want to withdraw your money and what's worse, your money and account are banned.

[Sterbens]

even though playing a skill-based game I'm sure there will still be no consistent wins. because skill-based games also still depend on luck and I don't think that luck comes every day in gambling, unless it's a bookie.

I personally have never thought that there is consistently winning in gambling because it is only about luck that will not be repeated many times. You will win when the dealer is giving you a win, if you want to win consistently then the only way is that you have to become a dealer.

if betting at a trusted and reputable casino and luck came my way i think withdrawals would not be a big deal. Unless betting at a new casino is indicated as a scam, there will definitely be problems when you want to withdraw your money and what's worse, your money and account are banned.

Sometimes gambling requires precision in choosing a casino that is trusted and proven to pay when wins come to us, to be honest, I have experienced this, they always make excuses for system disturbances when I want to make a withdrawal, telling me to be patient but the withdrawal doesn't work it was successful and in the end, my account was blocked, this was very emotional.

[Natalim]

Love the parable used here, but I  think both sons have valid answers of what experience is all about because this can be applied in different scenarios. Besides to learn a lesson.. sometimes you have to have first had experience to be able to tell others what you experienced... otherwise curiosity will force you to try something out to get a hard learnt lesson.

It's just that the 2nd son, even if he's much younger than his older brother, he got an instinct that his older brother never had and that's why the father trusted his older brother to him because the father knew that the younger one will be the lighthouse to guide his older brother from steering into the wrong direction.

And looking at that  example of the arrogant gambler,  everybody knows that the house always wins, and it gets bad if pride gets to you thinking you are invisible when in reality its all about having a lucky day or run and take what you can...once you are back just know the house will reclaim whats left!

His one sole mistake is the day when he left his job so that he can make gambling his full time job which is definitely not right as not everyone could do that and that's where the domino effect began, even the professional gamblers are still having a bad day but this man, he seems to be arrogant enough because he thinks of himself so highly and forgot the fact about the house advantage as that will always happen at the end of the day no matter how lucky we are.