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Author Topic: Success or Fail? - Talking about Gambling as a major income  (Read 6492 times)
danadc
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August 04, 2023, 08:19:17 PM
 #501

It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.

Some players may be benefiting from gambling, they may see it as income but it shouldn't be seen that way, because anyone who is inexperienced and wants to see gambling as significant income will be totally deluded into thinking that if something like this can be done, it can be done. Let him start in the game and do well, but when he starts to play poorly and runs out of money, how will he do then? who is going to go to, the casino does not have any type of Protection for players who run out of money and that is something that only each one can control, that is why seeing the casino as an important income is a very bad Thought , if they can win some Players , but we don't know how much Money they can spend without Affecting their Lives.

R


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August 04, 2023, 08:30:29 PM
 #502

It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.

Some players may be benefiting from gambling, they may see it as income but it shouldn't be seen that way, because anyone who is inexperienced and wants to see gambling as significant income will be totally deluded into thinking that if something like this can be done, it can be done. Let him start in the game and do well, but when he starts to play poorly and runs out of money, how will he do then? who is going to go to, the casino does not have any type of Protection for players who run out of money and that is something that only each one can control, that is why seeing the casino as an important income is a very bad Thought , if they can win some Players , but we don't know how much money they can spend without Affecting their Lives.

I had a bad experience once again with my last week's signature rewards on stake, where I decide to stake some games with my balance,  and at first, I won a couple of those games,  but as the excitement get more intended,  I decided not to take a break and planned out a way that I could be taking one or two games on daily basis to increase my total earning on a steady basis.  But my guess was wrong because in the following day when I placed the first bet,  I lost and the second bet also lost and at that time I have already lost all the money I won in the previous day.

And instead of quitting at this point,  I decided to go further by staking more out of my remaining balance and again I lost by then it's done to me that gambling result is unpredictable and it doesn't means because your luck shines today that it will continue like that.

That is why gambling can't be taken as a steady source of income because winning in gambling is not a steady thing at some point your losing ratio is higher than winning because the house edge will always prevail.
mak013
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August 08, 2023, 06:41:48 AM
 #503

It is a job. There is no any secret in it. You must make serious research of information about your teams, research about bookies, who add this match, the odds between bookies and don`t think about additional bets. So you must remove emotions.
One of these guys started in the sports bet group, later he understand how it works, got information and began to analyze himself.
Of course they win not all bets, but win rate is nice and the odds nice too. I tried it myself and got about $800 per month for several months but it was to difficult and less than i get in main job, so i stopped.

An interesting point of view, and I agree that it can be considered as a job, but there is one thing. I believe that work should not be so dangerous for the psyche and stability of thinking. I mean, in gambling, it's very easy to go beyond control and turn into a dependent. Agree, ari of all the similarities of trading and nambling, there is no such thing in trading. It is impossible to fall into a strong addiction from it. At least I think so. Yes, there are people with the strongest self-control, there are only a few for hundreds of them. And to consider gambling as a job with a stable income is clearly not for most people.
My friend killed himself after the results of his trading. So i can`t agree with your point of view. Of course it is rare situation and much more we hear about gambling problems. But i think that it is so because the gambling is much easier than trading and the quantity of gamblers incomparably with the quantity of traders. Also if the mass media will talk us about the dangers of trading - the common man willn`t understand it.

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maydna
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August 08, 2023, 09:01:23 AM
 #504

My friend killed himself after the results of his trading. So i can`t agree with your point of view. Of course it is rare situation and much more we hear about gambling problems. But i think that it is so because the gambling is much easier than trading and the quantity of gamblers incomparably with the quantity of traders. Also if the mass media will talk us about the dangers of trading - the common man willn`t understand it.
Condolences to your friend.

Indeed, gambling is easier than trading because one has to learn more about trading and its analysis. Meanwhile, in gambling, people only need to prepare a certain amount of money to bet, choose the gambling game, determine how much to bet each time they play, and start playing. And because of that convenience, many people end up drawn into gambling and can't get out easily unless they want it to be themselves. But in terms of success or failure, if someone makes gambling their main source of income, it will not be easy because they will encounter many defeats, which can get bigger if they can't control it.
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August 09, 2023, 06:44:28 AM
 #505


I had a bad experience once again with my last week's signature rewards on stake, where I decide to stake some games with my balance,  and at first, I won a couple of those games,  but as the excitement get more intended,  I decided not to take a break and planned out a way that I could be taking one or two games on daily basis to increase my total earning on a steady basis.  But my guess was wrong because in the following day when I placed the first bet,  I lost and the second bet also lost and at that time I have already lost all the money I won in the previous day.

And instead of quitting at this point,  I decided to go further by staking more out of my remaining balance and again I lost by then it's done to me that gambling result is unpredictable and it doesn't means because your luck shines today that it will continue like that.

That is why gambling can't be taken as a steady source of income because winning in gambling is not a steady thing at some point your losing ratio is higher than winning because the house edge will always prevail.

It's really unpredictable and that excitement that you experience after winning some of your bets, that adrenaline will push you to keep trying for more, instead of cashing it out and enjoy the money, you will think that you can easily repeat the same result, a common mistake that gamblers experienced once they already attached.

I see your point and for sure, not just you, but most of the gamblers also experienced that same result.

Thinking that by trying to bet more will add a good amount of winning earnings, but in the end, they will just realize that they
already lose together with the amount of bankroll that they've got.

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Outhue
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August 09, 2023, 07:54:24 AM
 #506

It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.

Some players may be benefiting from gambling, they may see it as income but it shouldn't be seen that way, because anyone who is inexperienced and wants to see gambling as significant income will be totally deluded into thinking that if something like this can be done, it can be done. Let him start in the game and do well, but when he starts to play poorly and runs out of money, how will he do then? who is going to go to, the casino does not have any type of Protection for players who run out of money and that is something that only each one can control, that is why seeing the casino as an important income is a very bad Thought , if they can win some Players , but we don't know how much money they can spend without Affecting their Lives.

I had a bad experience once again with my last week's signature rewards on stake, where I decide to stake some games with my balance,  and at first, I won a couple of those games,  but as the excitement get more intended,  I decided not to take a break and planned out a way that I could be taking one or two games on daily basis to increase my total earning on a steady basis.  But my guess was wrong because in the following day when I placed the first bet,  I lost and the second bet also lost and at that time I have already lost all the money I won in the previous day.

And instead of quitting at this point,  I decided to go further by staking more out of my remaining balance and again I lost by then it's done to me that gambling result is unpredictable and it doesn't means because your luck shines today that it will continue like that.

That is why gambling can't be taken as a steady source of income because winning in gambling is not a steady thing at some point your losing ratio is higher than winning because the house edge will always prevail.
Trust me I've been there too, it's not about your luck shinning per day my dear, in the gambling world it's about minutes of luck, if you are on the winning lane for a minute please quit, and come back some other day.

You can start winning in few second and more disasters awaits you after some minutes, it has happened to me, and after I learnt some lessons I have decide to always quit after every loses or hits.

Assuming I plan to use twenty dollars for gambling today and I gamble all the twenty dollars away, I will stand up and exit the casino, till another day that I can afford another twenty dollar or less.

But if I win with 5$ right now, though I have 20$ in mind to use for gambling, I will still quit, after every wins you get excited and that's where you will lose what you have made and also your gambling capital.

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SPIN

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mak013
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August 09, 2023, 08:01:04 AM
 #507

My friend killed himself after the results of his trading. So i can`t agree with your point of view. Of course it is rare situation and much more we hear about gambling problems. But i think that it is so because the gambling is much easier than trading and the quantity of gamblers incomparably with the quantity of traders. Also if the mass media will talk us about the dangers of trading - the common man willn`t understand it.
Condolences to your friend.

Indeed, gambling is easier than trading because one has to learn more about trading and its analysis. Meanwhile, in gambling, people only need to prepare a certain amount of money to bet, choose the gambling game, determine how much to bet each time they play, and start playing. And because of that convenience, many people end up drawn into gambling and can't get out easily unless they want it to be themselves. But in terms of success or failure, if someone makes gambling their main source of income, it will not be easy because they will encounter many defeats, which can get bigger if they can't control it.
Thanks.

Gambling is easy to start. And gamblers think that it is easy way to win money but it is mistake. If we are talking about common gambler - he can`t get stable profit from gambling. All of us know why is it so and i willn`t repeat it. But the professional gamblers not gamble - they work in the gambling. And even if they lose for some time - they have reserves for it. It is possible but not for everyone.

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.Duelbits.
..........UNLEASH..........
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August 09, 2023, 09:55:21 AM
 #508

~snip~
Gambling is easy to start. And gamblers think that it is easy way to win money but it is mistake. If we are talking about common gambler - he can`t get stable profit from gambling. All of us know why is it so and i willn`t repeat it. But the professional gamblers not gamble - they work in the gambling. And even if they lose for some time - they have reserves for it. It is possible but not for everyone.
It is true that gambling is easy, but winning gambling is difficult. Gamblers must think that they can only get entertainment from gambling, which is another bonus if they manage to win. And they shouldn't need to chase another win so that they won't experience another defeat. They have had enough wins before that they need to quit ASAP or they will lose their winnings. We have to learn more from professional gamblers to avoid losing money and become professional gamblers.
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August 09, 2023, 10:23:23 AM
 #509

It is true that gambling is easy, but winning gambling is difficult. Gamblers must think that they can only get entertainment from gambling, which is another bonus if they manage to win. And they shouldn't need to chase another win so that they won't experience another defeat. They have had enough wins before that they need to quit ASAP or they will lose their winnings. We have to learn more from professional gamblers to avoid losing money and become professional gamblers.
if gamblers are only looking for the pleasure to get from gambling games, I'm sure they won't leave the game because of a win. especially if the game is just at the beginning of the game.
every gambler has the hope of getting a win. although all gamblers also know that their chances of winning are also smaller than the chances of losing. every gambler has the hope of winning, that's what keeps them playing. there's nothing wrong with it at all.



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August 10, 2023, 07:01:58 AM
 #510

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.
Some players may be benefiting from gambling, they may see it as income but it shouldn't be seen that way, because anyone who is inexperienced and wants to see gambling as significant income will be totally deluded into thinking that if something like this can be done, it can be done. Let him start in the game and do well, but when he starts to play poorly and runs out of money, how will he do then? who is going to go to, the casino does not have any type of Protection for players who run out of money and that is something that only each one can control, that is why seeing the casino as an important income is a very bad Thought , if they can win some Players , but we don't know how much Money they can spend without Affecting their Lives.
Some people learn from the experiences of others and some inquire before getting involved, but some learn it the hard way, and that is experiencing it themselves. So the people who take gambling as a source of income should first look around, ask those who have been gambling for a long time, and see their responses and what they tell them, if they say that it can be taken as a way of earning an income, they should go ahead but they would never say this.

Most gamblers cannot stay profitable all the time in gambling, even if they win one day or maybe for some days, they will eventually lose more than they have won back to the house, so your luck might favor you sometimes but if you do the maths someday, you will realize that your net profit is in minus.

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August 10, 2023, 07:27:47 AM
 #511


Gambling is easy to start. And gamblers think that it is easy way to win money but it is mistake. If we are talking about common gambler - he can`t get stable profit from gambling. All of us know why is it so and i willn`t repeat it. But the professional gamblers not gamble - they work in the gambling. And even if they lose for some time - they have reserves for it. It is possible but not for everyone.
Yes, that's the fact. Gamblers will always think like that, usually beginners will think that gambling can make you rich. That's clearly a big mistake. Instead of spending a lot of money, you should make your own gambling platform. rich people who spend their money on gambling tables, why don't they just make their own gambling platform instead of spending money on gambling. maybe it will be easier to get money faster and a lot.

There are no gamblers who are rich because gambling is what must be instilled in the mindset before playing gambling because there is a risk in it, not continuing to get wins even less than expected, that is gambling must change the mindset to be healthier, for example gambling for fun..

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August 10, 2023, 07:31:10 AM
 #512

It is true that gambling is easy, but winning gambling is difficult. Gamblers must think that they can only get entertainment from gambling, which is another bonus if they manage to win. And they shouldn't need to chase another win so that they won't experience another defeat. They have had enough wins before that they need to quit ASAP or they will lose their winnings. We have to learn more from professional gamblers to avoid losing money and become professional gamblers.
if gamblers are only looking for the pleasure to get from gambling games, I'm sure they won't leave the game because of a win. especially if the game is just at the beginning of the game.
every gambler has the hope of getting a win. although all gamblers also know that their chances of winning are also smaller than the chances of losing. every gambler has the hope of winning, that's what keeps them playing. there's nothing wrong with it at all.
Gambling is not easy and winning is not also easy. The only easy thing in gambling is losing. It is not difficult at all to lose and if you keep gambling, it is not also difficult to lose all your money.
The statement that every gambler has their winning day sounds very true but in reality the winning day is one in 100 and may not even exist for some gamblers.
The best way to deal with gambling which everyone recommends in theory but difficult in practice is taking gambling as an entertainment.

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August 10, 2023, 09:28:26 AM
 #513

~snip~
if gamblers are only looking for the pleasure to get from gambling games, I'm sure they won't leave the game because of a win. especially if the game is just at the beginning of the game.
every gambler has the hope of getting a win. although all gamblers also know that their chances of winning are also smaller than the chances of losing. every gambler has the hope of winning, that's what keeps them playing. there's nothing wrong with it at all.
If they don't leave the game just because they have won, they are worried that they will later experience a loss, and many gamblers are not ready to accept this loss. After all, they had had fun and could have won, so they should have stopped and returned to the casino after a few days. But things didn't happen like that because some gamblers still want bigger wins and still play to get them. But they need to remember that the chance to win could have been gone, and they won't be able to win again but only lose. Indeed there is nothing wrong if they keep playing, but are they ready to accept that loss?
mak013
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August 10, 2023, 10:30:13 AM
 #514

~snip~
Gambling is easy to start. And gamblers think that it is easy way to win money but it is mistake. If we are talking about common gambler - he can`t get stable profit from gambling. All of us know why is it so and i willn`t repeat it. But the professional gamblers not gamble - they work in the gambling. And even if they lose for some time - they have reserves for it. It is possible but not for everyone.
It is true that gambling is easy, but winning gambling is difficult. Gamblers must think that they can only get entertainment from gambling, which is another bonus if they manage to win. And they shouldn't need to chase another win so that they won't experience another defeat. They have had enough wins before that they need to quit ASAP or they will lose their winnings. We have to learn more from professional gamblers to avoid losing money and become professional gamblers.
The main goal of the gambling is getting positive emotions as for me. If we trying to win the prize, or even to make the gambling a major income - we lose positive emotions and can get problems with the gambling.



Gambling is easy to start. And gamblers think that it is easy way to win money but it is mistake. If we are talking about common gambler - he can`t get stable profit from gambling. All of us know why is it so and i willn`t repeat it. But the professional gamblers not gamble - they work in the gambling. And even if they lose for some time - they have reserves for it. It is possible but not for everyone.
Yes, that's the fact. Gamblers will always think like that, usually beginners will think that gambling can make you rich. That's clearly a big mistake. Instead of spending a lot of money, you should make your own gambling platform. rich people who spend their money on gambling tables, why don't they just make their own gambling platform instead of spending money on gambling. maybe it will be easier to get money faster and a lot.

There are no gamblers who are rich because gambling is what must be instilled in the mindset before playing gambling because there is a risk in it, not continuing to get wins even less than expected, that is gambling must change the mindset to be healthier, for example gambling for fun..
It isn`t easy to create your own casino, but i agree that it is the best way how to make gambling a major income. )
Anyway it is possible even for common man, but the gambling must be like a serious job, with tasks, control, budget, money management.

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August 10, 2023, 10:38:31 AM
 #515

If they don't leave the game just because they have won, they are worried that they will later experience a loss, and many gamblers are not ready to accept this loss. After all, they had had fun and could have won, so they should have stopped and returned to the casino after a few days. But things didn't happen like that because some gamblers still want bigger wins and still play to get them. But they need to remember that the chance to win could have been gone, and they won't be able to win again but only lose. Indeed there is nothing wrong if they keep playing, but are they ready to accept that loss?

You have a valid point on players should leave when they are already on profit but the problem is most of the gamblers experience loss first before they manage to be on profit. Only few gambler fall into your example that experience profit first before losses which in that case gambler should really stop gambling and rest for the day.

There’s an instances that gamblers don't want to quit gambling even if they are on profit. This is when they made profit on a very early stage while they still didn't have much entertainment on playing. This scenario makes gambler to play more instead to take profit because they still feel unsatisfied.

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August 10, 2023, 11:55:25 AM
 #516

It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.
Yes I agree with you and I think alot of people make huge mistakes and others would blame their actions on gambling that it's bad and involves risk, life itself is a risk and you must take risks to survive as a human at a point in life, gambling as an act is not all bad but I'll rather blame the gambler that refused to gamble responsibly and when they over gamble and become addicts or lose huge  some of money that affects them in a negative way people would start blaming them for gambling and saying its bad, forgetting that their are people who's been very successful from it and made a fortune, the thing is that if you do the wrong thing like gambling recklessly or excessively you'll fail but if you make the right decision and gamble wisely then you'll excel.

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SamReomo
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August 10, 2023, 12:30:15 PM
 #517

It is a job. There is no any secret in it. You must make serious research of information about your teams, research about bookies, who add this match, the odds between bookies and don`t think about additional bets. So you must remove emotions.
One of these guys started in the sports bet group, later he understand how it works, got information and began to analyze himself.
Of course they win not all bets, but win rate is nice and the odds nice too. I tried it myself and got about $800 per month for several months but it was to difficult and less than i get in main job, so i stopped.

An interesting point of view, and I agree that it can be considered as a job, but there is one thing. I believe that work should not be so dangerous for the psyche and stability of thinking. I mean, in gambling, it's very easy to go beyond control and turn into a dependent. Agree, ari of all the similarities of trading and nambling, there is no such thing in trading. It is impossible to fall into a strong addiction from it. At least I think so. Yes, there are people with the strongest self-control, there are only a few for hundreds of them. And to consider gambling as a job with a stable income is clearly not for most people.
My friend killed himself after the results of his trading. So i can`t agree with your point of view. Of course it is rare situation and much more we hear about gambling problems. But i think that it is so because the gambling is much easier than trading and the quantity of gamblers incomparably with the quantity of traders. Also if the mass media will talk us about the dangers of trading - the common man willn`t understand it.

I'm very sorry to hear that. I have heard that many traders have killed themselves because of the loans they have taken during the 2018's market crash, and that only happens when most of those traders invest money into useless altcoins that could run away with their money anytime. I think it depends on the situation for some people trading isn't hard while for others gambling isn't hard, but there are people who find gambling more interesting than trading because gambling doesn't require any kind of research before trying ones luck but trading does require a lot of research for a good position. 

The trading is a field not suitable for those who want to earn millions within a few days, and those people who gets greedy because of the pumps of some coins often dream to earn a lot of money with the help of trading. However, they forget about the consequences of wrong trades and thus end up loosing everything they own. In the world of online gambling things work a lot differently than the crypto trading because in gambling result is announced within seconds to minutes while in trading sometimes people have to wait for a lot longer periods to know that if their trades are favorable or they have lost the money they put on those trades.

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maydna
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August 10, 2023, 01:43:31 PM
 #518

~snip~
The main goal of the gambling is getting positive emotions as for me. If we trying to win the prize, or even to make the gambling a major income - we lose positive emotions and can get problems with the gambling.
The important thing is that we can have fun in gambling and not make gambling a place to make money so we won't be trapped by a situation that will tempt us to continue playing. The temptation to gamble is so strong that it can make us unable to stop gambling. And because of that, we must be able to eliminate the feeling of making money from gambling.

~snip~
You have a valid point on players should leave when they are already on profit but the problem is most of the gamblers experience loss first before they manage to be on profit. Only few gambler fall into your example that experience profit first before losses which in that case gambler should really stop gambling and rest for the day.

There’s an instances that gamblers don't want to quit gambling even if they are on profit. This is when they made profit on a very early stage while they still didn't have much entertainment on playing. This scenario makes gambler to play more instead to take profit because they still feel unsatisfied.
If they have experienced a loss before they can get a win, they should be able to stop immediately while they are getting a win. Especially if they will never know when they will be able to win again, and if they continue to play gambling, it also does not guarantee they can get another win. So it's better if while they manage to win, they better stop to calm themselves down.

If they are lucky to get a win and then stop, that's also okay because they can prevent another loss if they continue gambling. Usually, after getting a win and we continue playing, we will only experience defeat. So instead of getting another loss, it's better to stop and save that winning money.
danadc
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August 10, 2023, 01:47:56 PM
 #519

It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.


It may be that things are like that, but we all know that casinos and betting houses will not lose, when we go to a casino we must know that those who see it as a source of income are sinning and that can lead them to decapitalize, is what It happens in these types of cases, you should not get excited about it because later you will have bad results, seeing a casino as a source of income, that is the worst thing we can consider, for that reason the casino must be seen as an option that may be You can make money if you are lucky Enough , and that is playing a lot with your Own luck , you should not see it that way or take so many risks , you have to play Carefully so as not to lose all your money.

R


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coinerer
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August 10, 2023, 01:57:54 PM
 #520

It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.


It may be that things are like that, but we all know that casinos and betting houses will not lose, when we go to a casino we must know that those who see it as a source of income are sinning and that can lead them to decapitalize, is what It happens in these types of cases, you should not get excited about it because later you will have bad results, seeing a casino as a source of income, that is the worst thing we can consider, for that reason the casino must be seen as an option that may be You can make money if you are lucky Enough , and that is playing a lot with your Own luck , you should not see it that way or take so many risks , you have to play Carefully so as not to lose all your money.
Gambling has now widely addicted the Youth And it has now taken a much more sinister form.  So people now don't want to accept that gambling is actually a very dangerous thing. Gambling is one's personal matter because he himself may suffer financially or if he is lucky, he may grow financially. So the full responsibility is his own.  But since it's a scary thing, it's best to use it with caution. Otherwise many things can happen to us which we never expect


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