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Author Topic: Do you gamble because you don't have sufficient money?  (Read 6149 times)
freedomgo
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September 04, 2023, 09:59:04 AM
 #361

It's because gamblers who just wanted to have fun are always in the safe side, they just do it for the sake of entertainment while the losses or winnings are just a mere bonuses to them because that is not what they're after in the first place. While the gamblers that are only in for the money, they are surely in a dangerous situation because there will be a point in their activity where they need to make some tough choices that will determine their day.
The gamblers that go to the casinos to spend some money may have a bad day or two but eventually they will learn their lesson and become responsible gamblers, however those that are in it for the money will keep taking on bigger and bigger risks to make profits and then they will keep taking risks in order to recover the money they have lost already, not learning their lesson until they have lost way too much money, assuming they learn their lesson which may not happen at all.

The last part of what you said is scaringly true. There are lots of gamblers out there that do not learn a valuable lesson until there is nothing left to teach them. It reminds me of problematic gamblers just betting and betting on something until such time that they have nothing left to bet unless they borrow money from someone else. At that point, I believe the individual is beyond saving no matter how much intervention is done to them. They either have to lose everything before they stop gambling, or they lose everyone around them.

I'm afraid, we cannot do something about it because they chose that path even if they have a lot more options beforehand, still they made a risky move that is why they had it coming. Sometimes, situations like that is the only thing that can help them in order to open their eyes about the reality, it might be unfortunate to think, but that's the last resort that can save them and a chance to redeem themselves by doing the right things instead of the things that will just worsen their situation.

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September 04, 2023, 10:21:18 AM
 #362

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

Quite the opposite I think, people who doesn’t have enough money to fill their needs they wouldn’t gamble or ever start gambling unless there are addicted to gambling which is a very small percentage compared to normal and occasion gamblers. Logically talking about this matter when a rich person start gambling and we all know that most if the time casino win over gamblers so that rich person will lose most of the time and if he has money he would continue gambling the quite opposite to the normal or below normal player that will run out of cash to continue gambling and he will end up stopping more quickly.
I would say that most of gamblers don’t gamble because they need money or it’s a way to make money in first place. We can agree that anyone with a small experience would know that gambling in long term is more riskier to lose money than to make some and from this conclusion that any gambler would know by time we can say that rich people are those who gamble more (with money and time)

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September 04, 2023, 12:05:46 PM
 #363

Quite the opposite I think, people who doesn’t have enough money to fill their needs they wouldn’t gamble or ever start gambling unless there are addicted to gambling which is a very small percentage compared to normal and occasion gamblers. Logically talking about this matter when a rich person start gambling and we all know that most if the time casino win over gamblers so that rich person will lose most of the time and if he has money he would continue gambling the quite opposite to the normal or below normal player that will run out of cash to continue gambling and he will end up stopping more quickly.

Well it could be, because they are self aware that their finances are bad so they probably have absolutely no intention of touching gambling, that makes a little sense. But we must know that it is not uncommon and perhaps now the number has increased that some of those who do not have good finances are starting to come to gambling with the very strong intention of multiplying the money they bring in, even though the amount is small. They know that there is nothing impossible about winning in gambling, small or big someone can win there if they are lucky. And this is the main reason for them, hoping they will be in the same boat as other people who get big wins, but as for the results, maybe you also know, there are winners there but there will be more losers. So I think the answer is, the rich will potentially be poor and the poor will get poorer, there isn't anything better at gambling.

I would say that most of gamblers don’t gamble because they need money or it’s a way to make money in first place. We can agree that anyone with a small experience would know that gambling in long term is more riskier to lose money than to make some and from this conclusion that any gambler would know by time we can say that rich people are those who gamble more (with money and time)

Yes, maybe what you mean is, most gamblers who don't have good finances in their lives will not force their passions to gamble because they think more about their lives than losing the money they have to gamble, I quite agree with this statement. Obviously it's true that anyone who overly indulges in gambling over a long period of time is very likely to get into a serious slump. put too much hope there. Yes that's quite right, I would say that regret will always come in the end. For rich people themselves, I think the reason why they always gamble is because they have good finances and they can freely gamble according to their wishes even though in the end they will suffer the same fate as other gamblers, especially those who are addicted.
So I think the conclusion of this problem is, it would be better if you thought about quitting now, it's never too late for something better, start slowly and forget all about gambling.

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September 04, 2023, 12:30:35 PM
 #364

The last part of what you said is scaringly true. There are lots of gamblers out there that do not learn a valuable lesson until there is nothing left to teach them. It reminds me of problematic gamblers just betting and betting on something until such time that they have nothing left to bet unless they borrow money from someone else. At that point, I believe the individual is beyond saving no matter how much intervention is done to them. They either have to lose everything before they stop gambling, or they lose everyone around them.

I'm afraid, we cannot do something about it because they chose that path even if they have a lot more options beforehand, still they made a risky move that is why they had it coming. Sometimes, situations like that is the only thing that can help them in order to open their eyes about the reality, it might be unfortunate to think, but that's the last resort that can save them and a chance to redeem themselves by doing the right things instead of the things that will just worsen their situation.

You have to understand something, there are some gamblers that do betting all through their life and not because they enjoy doing it but there is not alternative, no alternative in the sense that there is no job for them, they only result to only available means to earn which is gambling. Not to justify their behaviour but there isn't a thing they can contribute as skills to have money, no matter how you put it, everyone cannot offer a service and besides, everybody cannot offer skills to survive, the ecosystem has to be balanced.

Furthermore, what contributes to this immense gambling behaviour is gambling history, when some of them have their win, it used to come in massive just as we have seen a gambler use $100 to win thousands of dollars, like how a boy used 100 bucks in my local currency to become a millionaire overnight through sports betting, this gives them ginger even when they lose to continue to wager/stake money, they don't care about what they lost because of the believe that they will make the money back one day, they really believe that their time will come when it's their lucky day.

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September 04, 2023, 12:46:32 PM
 #365

It's because gamblers who just wanted to have fun are always in the safe side, they just do it for the sake of entertainment while the losses or winnings are just a mere bonuses to them because that is not what they're after in the first place. While the gamblers that are only in for the money, they are surely in a dangerous situation because there will be a point in their activity where they need to make some tough choices that will determine their day.
The gamblers that go to the casinos to spend some money may have a bad day or two but eventually they will learn their lesson and become responsible gamblers, however those that are in it for the money will keep taking on bigger and bigger risks to make profits and then they will keep taking risks in order to recover the money they have lost already, not learning their lesson until they have lost way too much money, assuming they learn their lesson which may not happen at all.

The last part of what you said is scaringly true. There are lots of gamblers out there that do not learn a valuable lesson until there is nothing left to teach them. It reminds me of problematic gamblers just betting and betting on something until such time that they have nothing left to bet unless they borrow money from someone else. At that point, I believe the individual is beyond saving no matter how much intervention is done to them. They either have to lose everything before they stop gambling, or they lose everyone around them.

I'm afraid, we cannot do something about it because they chose that path even if they have a lot more options beforehand, still they made a risky move that is why they had it coming. Sometimes, situations like that is the only thing that can help them in order to open their eyes about the reality, it might be unfortunate to think, but that's the last resort that can save them and a chance to redeem themselves by doing the right things instead of the things that will just worsen their situation.

Only you can help yourself. That is really the scary truth for sure. That kind of gambler is kind of blind and deaf on advice and doesn't see those people who are trying to help those people, but for sure he will be waken up after something happens very worse to him. Because right now, for sure, if that mistake happens to him, even if we see it as a big one, for that gambler it is still small, so he is not shaken up on this. But again, if worse happens to him, he will struggle a lot, like pain emotionally or physically.
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September 04, 2023, 12:54:46 PM
 #366

Only you can help yourself. That is really the scary truth for sure. That kind of gambler is kind of blind and deaf on advice and doesn't see those people who are trying to help those people, but for sure he will be waken up after something happens very worse to him. Because right now, for sure, if that mistake happens to him, even if we see it as a big one, for that gambler it is still small, so he is not shaken up on this. But again, if worse happens to him, he will struggle a lot, like pain emotionally or physically.
Exactly, the thing is that if you've advised someone about a wrong decision they always make and they refuse to listen and give deaf ears the best thing to do is allow them make the mistake and by the time they realise it would be too learn and that would teach them alot because it would had affected them negatively.
 There's a saying that the best lesson is the one a person learns from their own mistakes so when they've made the mistake they'll really learn from it, for instance I had this friend that always uses half of his tuition fee to gamble though he used to be lucky and gets triple the amount he uses but always advised him of the risk involved but since he kept winning he refused to listen until one day when he lost everything and couldn't pay his fees that's when he realised his mistake and felt remorse.

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September 04, 2023, 12:56:00 PM
 #367

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

Quite the opposite I think, people who doesn’t have enough money to fill their needs they wouldn’t gamble or ever start gambling unless there are addicted to gambling which is a very small percentage compared to normal and occasion gamblers. Logically talking about this matter when a rich person start gambling and we all know that most if the time casino win over gamblers so that rich person will lose most of the time and if he has money he would continue gambling the quite opposite to the normal or below normal player that will run out of cash to continue gambling and he will end up stopping more quickly.
I would say that most of gamblers don’t gamble because they need money or it’s a way to make money in first place. We can agree that anyone with a small experience would know that gambling in long term is more riskier to lose money than to make some and from this conclusion that any gambler would know by time we can say that rich people are those who gamble more (with money and time)
Analyzing from the perspective of a gambler: In fact, a person's gambling behaviors are heavily influenced by their financial situation. However, discipline, not wealth, is what really matters. Discipline decides whether someone should play at all, whereas wealth may determine how long they can play. Independent of their financial situation, healthy gamblers should be aware of themselves and the risks involved in the game. However, your viewpoint on how wealthy people gamble more highlights the link between disposable income and risk-taking behavior, which is a factor worth taking into account

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September 04, 2023, 01:05:12 PM
 #368

~snip~
Curiosity is a strong spark. At first, many people go to online casinos for the thrill, the unknown, and the chance of making "easy" money. Now think about the emotion. A win makes people high, while a loss can make you depressed. It becomes a loop of spending money and hoping for the best, with a result that is always going to be bad for gambler.

Have you ever thought about whats going on in your mind? The goal of online platforms is to keep you interested and looking for the next big win. The trick? Being self-aware. Setting clear limits on how much time and money you can spend gaming can save your life. Keep in mind that the casino almost always wins. So, you might sometimes win, but generally, its more likely that you'll lose. Knowledge is strength. Get it, and go to the gambling table with awe, but also with care. Responsible gambling is more than just a motto; its a way of life.
They don't know whether it's an online casino or an offline casino, no opportunity to make "easy money". They'll just be stuck in there with no way to get out easily if they haven't lost much money. They must immediately realize that gambling is not to make money but only to get entertainment. They may be able to win but it won't be easy, so they have to really understand that gambling only tempts them to keep trying. Meanwhile, if they are stressed, they can spend more money without realizing it, and because the desire to make money is still in their minds, they will not be able to stop unless the money runs out.

Only having the awareness that it is all just for fun and not for making money will prevent us from being in gambling for long. We will see that our time is up and our money is low, so we must leave the casino immediately. Setting limits is always recommended, but unfortunately, not many can have limits in gambling, so many people still experience big losses. We can indeed win by playing gambling, but we also have to remember that we can lose and that loss can be greater than the amount of wins we get. And we should always strive to be responsible gamblers.
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September 04, 2023, 08:36:03 PM
 #369


Analyzing from the perspective of a gambler: In fact, a person's gambling behaviors are heavily influenced by their financial situation. However, discipline, not wealth, is what really matters. Discipline decides whether someone should play at all, whereas wealth may determine how long they can play.

Some gamblers don't really know why are they playing such games because they don't have anything to do when they finish their daily work. That has been a topic in our village when they talked about cock fighting habits by most males here. it just goes something like an automatic thing to do and it seems like they don't have any visions of what they are doing, they just simply doing it cause they want it until they fall into addiction to it. Some people don't gamble because of money but the habits they fall into are hard to get out of it.

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September 04, 2023, 10:34:09 PM
 #370


Analyzing from the perspective of a gambler: In fact, a person's gambling behaviors are heavily influenced by their financial situation. However, discipline, not wealth, is what really matters. Discipline decides whether someone should play at all, whereas wealth may determine how long they can play.

Some gamblers don't really know why are they playing such games because they don't have anything to do when they finish their daily work. That has been a topic in our village when they talked about cock fighting habits by most males here. it just goes something like an automatic thing to do and it seems like they don't have any visions of what they are doing, they just simply doing it cause they want it until they fall into addiction to it. Some people don't gamble because of money but the habits they fall into are hard to get out of it.
Yes, I agree with you that habits are difficult to break. If someone gambles for fun and to fill their free time when we are not working, I think it is entertainment to entertain themselves. Like in my village there are people who like cockfighting and I asked him, for what purpose are you doing this? the answer is because I like cockfighting and most importantly I enjoy it.
So it can be concluded that gambling is not only played with money, those who gamble on cockfighting show the strength and tenacity of the chickens they own.

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September 05, 2023, 01:54:19 AM
 #371

Only you can help yourself. That is really the scary truth for sure. That kind of gambler is kind of blind and deaf on advice and doesn't see those people who are trying to help those people, but for sure he will be waken up after something happens very worse to him. Because right now, for sure, if that mistake happens to him, even if we see it as a big one, for that gambler it is still small, so he is not shaken up on this. But again, if worse happens to him, he will struggle a lot, like pain emotionally or physically.
Gambling because one is financially unstable is not a good reason to lured oneself into the gambling system, I can assured you that not everyone made it out alive. Gambling is risky and have 90% probability of wrecking our bank accounts and leaving us with nothing to showed for.  We're humans and we make mistakes, crucial one at that, some can be correct while some can't be corrected and we live the rest of our life with these guilt and negative impact. You're absolutely right, we're the only ones that can tell our selves the truth and what's best good for us.

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September 05, 2023, 04:13:16 AM
 #372

Only you can help yourself. That is really the scary truth for sure. That kind of gambler is kind of blind and deaf on advice and doesn't see those people who are trying to help those people, but for sure he will be waken up after something happens very worse to him. Because right now, for sure, if that mistake happens to him, even if we see it as a big one, for that gambler it is still small, so he is not shaken up on this. But again, if worse happens to him, he will struggle a lot, like pain emotionally or physically.
Gambling because one is financially unstable is not a good reason to lured oneself into the gambling system, I can assured you that not everyone made it out alive. Gambling is risky and have 90% probability of wrecking our bank accounts and leaving us with nothing to showed for.  We're humans and we make mistakes, crucial one at that, some can be correct while some can't be corrected and we live the rest of our life with these guilt and negative impact. You're absolutely right, we're the only ones that can tell our selves the truth and what's best good for us.

But it can not be denied either that when a person has funds in hands, he will gambe. Know that whenever a person has money, he will spend more as well. The things he don't normally need will be bought like if one has millions will tend to buy new iphone while he still have a phone.

A individual exposed to crypto casino, will also tend to gamble because he has funds for it. Its not becuase he need to gamble but to be entertained. The ones with less funds are the ones who gamble to make money.



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September 05, 2023, 05:15:18 AM
 #373

LOL.. gambling can be the worst thing to do, in case you don't have sufficient amount of money with you. I got my first Bitcoins in 2014. At that time, I had a brief conversation with a guy, who got interested in the world of crypto-currency 3 years ago, in 2011. He told me his story. Back in 2012, there was this gambling website called Satoshidice. It was very popular back then, and a lot of cryptocurrency users were active customers. This guy placed a 0.99x bet, thinking that there is only 1% chance that he will lose, and his holdings will increase by 1%. But in his very first attempt, he lost all his money. It was a 0.99x bet, but the outcome was 0x for him instead of 1.01x. The moral of the story is that you should gamble only as much as you can afford to lose. Keep this in mind, everytime you venture out to gamble.

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September 05, 2023, 09:28:48 AM
 #374

Yes, I agree with you that habits are difficult to break. If someone gambles for fun and to fill their free time when we are not working, I think it is entertainment to entertain themselves. Like in my village there are people who like cockfighting and I asked him, for what purpose are you doing this? the answer is because I like cockfighting and most importantly I enjoy it.
So it can be concluded that gambling is not only played with money, those who gamble on cockfighting show the strength and tenacity of the chickens they own.
Habits are difficult to break but that doesn't mean they can't be changed as long as the person wants to change them into a new habit different from their old habits. A person who likes gambling can try to replace his gambling habit with interesting things to divert his mind from thinking about gambling. Before it is too late, they must immediately change their habits so that there is no attachment to gambling and can prevent gambling addiction that could occur to them. But if he gambles because he doesn't have money, he should be able to change it to look for money from other places, not from gambling. They should also be able to look for other entertainment apart from gambling so that they will not have the desire to gamble just to make money.

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September 05, 2023, 11:00:12 AM
 #375

Yes, I agree with you that habits are difficult to break. If someone gambles for fun and to fill their free time when we are not working, I think it is entertainment to entertain themselves. Like in my village there are people who like cockfighting and I asked him, for what purpose are you doing this? the answer is because I like cockfighting and most importantly I enjoy it.
So it can be concluded that gambling is not only played with money, those who gamble on cockfighting show the strength and tenacity of the chickens they own.
Habits are difficult to break but that doesn't mean they can't be changed as long as the person wants to change them into a new habit different from their old habits. A person who likes gambling can try to replace his gambling habit with interesting things to divert his mind from thinking about gambling. Before it is too late, they must immediately change their habits so that there is no attachment to gambling and can prevent gambling addiction that could occur to them. But if he gambles because he doesn't have money, he should be able to change it to look for money from other places, not from gambling. They should also be able to look for other entertainment apart from gambling so that they will not have the desire to gamble just to make money.

Yes, that's right, and they turn it into a very enjoyable hobby, considering that gambling is vulnerable to psychology and the main thing there is money and also everyone wants money so when gambling is present they seem to find a solution to increase their finances even though the risks are higher than the benefits. Therefore as we know it is very difficult to stop there, because our minds always push us unconsciously, in my opinion they (gamblers) need help from others, because it is unlikely to do it alone unless as you say they have a strong intention to stop.

Yes that's right, I've also said that before, which is more realistic in my opinion you have to find new activities such as adding work to every day, the point is they have to keep themselves busy and put a little free time, because if you have a lot of time then gambling will continue to visit you. That's right, it will be useful to distract their mind, and slowly they will be able to forget their bad habits. On the other hand, I often see some of them come to make money and not for entertainment, obviously that is very wrong and someone has to justify their thoughts, how can you make money from actions that are based on luck alone, it's ridiculous.

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September 05, 2023, 11:18:43 AM
 #376

LOL.. gambling can be the worst thing to do, in case you don't have sufficient amount of money with you. I got my first Bitcoins in 2014. At that time, I had a brief conversation with a guy, who got interested in the world of crypto-currency 3 years ago, in 2011. He told me his story. Back in 2012, there was this gambling website called Satoshidice. It was very popular back then, and a lot of cryptocurrency users were active customers. This guy placed a 0.99x bet, thinking that there is only 1% chance that he will lose, and his holdings will increase by 1%. But in his very first attempt, he lost all his money. It was a 0.99x bet, but the outcome was 0x for him instead of 1.01x. The moral of the story is that you should gamble only as much as you can afford to lose. Keep this in mind, everytime you venture out to gamble.

We need money for gambling, I just do not know how to gamble when we have no funds with us. Taking loans for gambling is not the right approach as it will give us more stress and gambling in times of stress is usually result in a loss.

Gambling is only for those who have a lot of funds and money. Gambling is not for poor people or lower middle class people who find themselves hard to meet thier day to day expenses.

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September 05, 2023, 11:39:50 AM
 #377

Gambling is only for those who have a lot of funds and money. Gambling is not for poor people or lower middle class people who find themselves hard to meet thier day to day expenses.

Even poor people don't have a problem if they feel they can control themselves so they don't exceed their limits when gambling. For example, if he feels he can play once a week, it could be lucky for him. of course, this is not an advice, for them to play. However, if he is too poor and does not have income every day, preventing gambling is the best choice. Because, hoping to get rich from gambling can make him sink deeper into his poverty.

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September 05, 2023, 11:44:30 AM
 #378

LOL.. gambling can be the worst thing to do, in case you don't have sufficient amount of money with you. I got my first Bitcoins in 2014. At that time, I had a brief conversation with a guy, who got interested in the world of crypto-currency 3 years ago, in 2011. He told me his story. Back in 2012, there was this gambling website called Satoshidice. It was very popular back then, and a lot of cryptocurrency users were active customers. This guy placed a 0.99x bet, thinking that there is only 1% chance that he will lose, and his holdings will increase by 1%. But in his very first attempt, he lost all his money. It was a 0.99x bet, but the outcome was 0x for him instead of 1.01x. The moral of the story is that you should gamble only as much as you can afford to lose. Keep this in mind, everytime you venture out to gamble.

We need money for gambling, I just do not know how to gamble when we have no funds with us. Taking loans for gambling is not the right approach as it will give us more stress and gambling in times of stress is usually result in a loss.

Gambling is only for those who have a lot of funds and money. Gambling is not for poor people or lower middle class people who find themselves hard to meet thier day to day expenses.

In fact, all people have a sense of excitement regardless of their wealth, so it is not quite right to say that gambling is for people who have a lot of money. Anyone can gamble if they are of legal age and gambling is legal. Skills, habits and psychology of a gambler determine his behavior during gambling. If a person can not control his desires, not rationally relate to spending money, he is clearly better to stay away from gambling, because even losing a hundred times such a person is unlikely to change his behavior. If a person is responsible for money and can restrain himself when it is required, no one has the right to prohibit him to play gambling, even if he is not rich.

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September 05, 2023, 11:52:18 AM
 #379

There was a time when people gambled for the purpose of fun as this was also a place of business deals and the alike, but as time went by it was nolonger fun when players were losing money in the process and became clear that it was about the money Roll Eyes

And In today's world, getting to develop your casino skills or broaden your sporting knowledge is pretty much at our finger tips thanks to todays technology, and we have consumed so much of this data that we want to put it to the test by gambling and in so doing one makes some money...but is gambling about having sufficient money ?? I don't think so!! Gambling is about having fun and getting paid for your time and knowledge but if money isn't being made and this activity kind of depresses you then exclude yourself from this before it affects your mental wellbeing.

R


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September 05, 2023, 12:00:07 PM
 #380

It's the other way around for me, I don't gamble if I don't have sufficient money, it shows that I can't afford to gamble, gambling only come to my mind when I have spare money that I have nothing to use for.

I like using $20 - $30 for gambling only when I don't have something I need money to fix or solve, and this $30 doesn't come every time, so I gamble only when I make this extra money, if I don't then there is no gambling for that week.

I escaped from gambling desires and it was not easy for me, now I have understand that gambling is created for gamblers to lose their money and win very often, this is why I prefer trying my luck more with crypto investment than gambling.

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