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Author Topic: Do you gamble because you don't have sufficient money?  (Read 5965 times)
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November 15, 2023, 08:40:55 AM
 #681

Gambling sometimes appeals to people who don't have enough money because it presents a chance to change their financial status like me. I'm hoping for potentially solving immediate financial issues or providing a sense of escape from my current circumstances.

Despite the risks involved the possibility of hitting a jackpot or winning enough to address financial struggles can be a strong motivator. It's a way for some to dream of a better future even if the odds are not in their favor.

There's nothing bad if we are making money through gambling, what we should also have in mind is the acknowledgement of times that we may not be able to have this same experience over time, we know that gambling is full of risk, we cannot also dispute the fact that so many people were already loosing or making out their money through gambling despite knowing that it's not a means of making money, but when we realized such opportunity in it to make money, we shouldn't hesitate to grab such because we are the same person who had always been gambling with the money we have.
I agree with you that it is not right to consider gambling as a way to make money whenever a person considers it as a way to make money they take risks. Opportunities are not always in the same place they are always changing. It seems absurd to think that people can live their entire lives off of gambling money. Well here are some revelations that will shock you but it is definitely not possible. You must have enough money to stay away from winning and losing streaks. Gambling with money from others will make you more indebted.

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November 15, 2023, 09:02:38 AM
 #682

Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.

R


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November 15, 2023, 10:26:23 AM
 #683

Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.
Yes, you are right because by looking for a new or additional job, we can get additional income, which will certainly be useful for increasing previous income so that we can allocate it to each expense. Maybe for them, gambling can provide income if they can win some money but that will rarely happen because this is gambling where the percentage of losses and wins will be higher in losses than wins. But it is true that gambling is not the solution to make more money so they don't need to resort to gambling.

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November 16, 2023, 08:11:26 AM
 #684

Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.
Yes, you are right because by looking for a new or additional job, we can get additional income, which will certainly be useful for increasing previous income so that we can allocate it to each expense. Maybe for them, gambling can provide income if they can win some money but that will rarely happen because this is gambling where the percentage of losses and wins will be higher in losses than wins. But it is true that gambling is not the solution to make more money so they don't need to resort to gambling.

The proper words are "if they can win", but with jobs, you "win" every week or month (assuming you get a good job, and not working for some scoundrel). Only a desperate person would think of gambling to get more money when he himself is in short of them. And I am more than sure, that that person might succeed only if that would be some kind of a movie, as in real life such things happens really rarely.

R


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November 16, 2023, 08:18:04 AM
 #685

Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.

I think that investing money is the perfect thing to do to solve financial issues,like we have learned from many financial books not from schools that investing in real estate or anything that is an asset to you and brings you residual income or passive income is the best thing that can happen to a person financially speaking.

Gambling surely isn't the best of investments but I am sure the people who have won multi million dollar jackpots will disagree with it,so in the end it all depends on the perspective of each one of us for our life.

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November 16, 2023, 08:47:36 AM
 #686

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

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

Yes, a higher percentage of poor people that gamble are more than rich people. The majority of rich people gamble just for fun, but poor people who have no other source of income will rely on gambling, believing it to be the best way to make money and get out of their current financial situation. No wealthy person will ever admit to gambling and claim to be looking for money; instead, they may be addicted, as it is very difficult to stop when one is addicted. Your friend is not lying; I've noticed that people who don't have stable jobs to support themselves will continue to gamble. What's worse about it is that some of these people will have wife at home.

Even I have not witnessed wealthy people gambling as much as those who are poor do. While some people gamble for fun and never give up, others gamble for financial gain only. I consider this as a suffering. For example, a friend of mine who has been gambling for three years has not been lucky enough to win and does not have a better job. Last week, he won about $20, the most money he has ever won. He then used the money to gamble again and lost everything. I told him that this was suffering and that gambling was not for the poor people and they take it more serious than any. Your friend is entirely correct; if he had money, there would be no way for him to be gambling.

R


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November 16, 2023, 12:17:15 PM
 #687

The proper words are "if they can win", but with jobs, you "win" every week or month (assuming you get a good job, and not working for some scoundrel). Only a desperate person would think of gambling to get more money when he himself is in short of them. And I am more than sure, that that person might succeed only if that would be some kind of a movie, as in real life such things happens really rarely.
They must really realize that gambling will not make money and that is different from work that can actually make money. By getting that job, they get something they are looking for from gambling but unfortunately, in gambling, they will not get it. That is why, if someone does not have a lot of money, there is no need to use gambling to make money but they should be able to find a job that can make money. And it can really make money for them and they won't lose money because of gambling. Well, hopefully, many people will realize that gambling will not make them money so they will only use gambling as entertainment.

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November 17, 2023, 07:45:13 AM
 #688

The proper words are "if they can win", but with jobs, you "win" every week or month (assuming you get a good job, and not working for some scoundrel). Only a desperate person would think of gambling to get more money when he himself is in short of them. And I am more than sure, that that person might succeed only if that would be some kind of a movie, as in real life such things happens really rarely.
They must really realize that gambling will not make money and that is different from work that can actually make money. By getting that job, they get something they are looking for from gambling but unfortunately, in gambling, they will not get it. That is why, if someone does not have a lot of money, there is no need to use gambling to make money but they should be able to find a job that can make money. And it can really make money for them and they won't lose money because of gambling. Well, hopefully, many people will realize that gambling will not make them money so they will only use gambling as entertainment.

It should be started with definition of gambling. Isnt it a process where one person compete against other (gambler/casino) in order to get a prize (money/service). If we search for definition of gambling, nowhere would be written about making money or earning, it will be all about taking a risk. Which makes gambling NOT an instrument to gain sufficient money.

R


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November 17, 2023, 12:23:03 PM
 #689

It should be started with definition of gambling. Isnt it a process where one person compete against other (gambler/casino) in order to get a prize (money/service). If we search for definition of gambling, nowhere would be written about making money or earning, it will be all about taking a risk. Which makes gambling NOT an instrument to gain sufficient money.
What makes gambling make money is ourselves. We think that playing gambling can make money but actually it doesn't guarantee that we can actually make money. The thing is, we will experience losses that we might not be able to imagine, so if there are still people who want to make money from gambling, they should think again, especially if they have seen what happens to many people who want to make money from gambling. They will see that they have a hard time making that money and lose a lot so we don't need to try. Those who don't have a lot of money and want to gamble to make money should not try it.

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November 17, 2023, 03:37:19 PM
 #690

Since gambling requires money, everyone has some interest in gambling. No one would gamble without self-interest. But for those who want to change their position completely by gambling, this thinking should be changed because as I think it is never possible to change luck by gambling. Gambling may make some temporary money, so a gambler will never be able to make a big change in his financial situation by gambling. And it is not true that only those who have no money want to earn money by gambling but many people take gambling as fun. Many people gamble but not everyone can win and those who gamble and win are never addicted to gambling. After all the work, when I have free time, I gamble and it makes me happy.

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November 18, 2023, 10:18:46 PM
 #691

Well, I think something, that the core of all this is based on the quality of the financial education that the person has. to have money, the person must be intelligent , because money runs out. Another very valid option is that when people try not to have a lot of money and decide to play not to have fun but to multiply their money, it is the worst mistake they can make in life
obviously that is an issue. For a gambler, he must have knowledge how to take care of his financial management besides having skillful about gambling sector also. Person who have less money & the person who have much money, both can enjoy gambling until decide to multiple funds within short time, for example you mentioned about casions! I think It isn't easy ever possible to beat casinos continuously but people start doing so after losing money cause sometimes they have own insufficient amounts at the end. This thing should be focused.

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November 20, 2023, 06:40:06 AM
 #692

~ No knowledge will help you to win in slots, but a proper money-management, which is based on knowledge to some degree, can help you to not turn your fun into disaster.

You are right, when we are in a casino like this we have little or no money, whatever economic conditions we have, we must be very Cautious , we have to have a lot of Restraint when doing things, because what you say is true, when They are in the slots because there is not something that can determine winning, or a strategy that is used and that is Always Effective, it is not like that , it does not Work like that, for that Reason we must always consider that when we are in a casino we must be aware of the ones we are spending.

A person who does not have much purchasing power should therefore have control over his or her finances, it is not bad to play in a casino, you can play, it is allowed, you can bet on your good luck, if you really have it, the rest What should be Considered is that if you have little money you should play with little money, but you just have to agree so that it does not affect that person's expenses, because it is very sad that a person who does not have much money Spends it on the casino, that is the saddest thing that can be heard in the world.~

Even if you have  a lot of money, you stop controlling your finances, you lose it all. Money-management is very important for both rich and not so rich people. Poor money management is especially painful for poor people, and yes, spending the little you have in casino is a poor money management.

Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.

This is what I would advise to those who don't have sufficient money too. That's what I do when I don't have sufficient money. I don't gamble my last penny, it's stupid.

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November 20, 2023, 07:11:10 AM
 #693

Well, I think something, that the core of all this is based on the quality of the financial education that the person has. to have money, the person must be intelligent , because money runs out. Another very valid option is that when people try not to have a lot of money and decide to play not to have fun but to multiply their money, it is the worst mistake they can make in life
obviously that is an issue. For a gambler, he must have knowledge how to take care of his financial management besides having skillful about gambling sector also. Person who have less money & the person who have much money, both can enjoy gambling until decide to multiple funds within short time, for example you mentioned about casions! I think It isn't easy ever possible to beat casinos continuously but people start doing so after losing money cause sometimes they have own insufficient amounts at the end. This thing should be focused.

Does everyone choose to gamble when they have no money?
If that's the case, I think they took the wrong step. When they don't have money or have only a little money and want to get more money not by gambling, but they have to work hard to be able to get more money. if they choose to gamble they will only spend their money in vain, although there is a chance to win but it is not as big as the chance to lose, because gambling itself is created to make money not to give money to the people who play.

I think that is a fact that happens in every gambling. It's hard to beat a casino machine especially when it has been set up by the people in it, of course they set up casino machines that only give small wins to attract players to play more often, and in the end many of them make gambling the main income in their lives. Even the bookie can laugh loudly when the players start to get addicted who can spend a lot of money just to gamble that is not certain of victory.

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November 20, 2023, 07:57:14 AM
 #694

It should be started with definition of gambling. Isnt it a process where one person compete against other (gambler/casino) in order to get a prize (money/service). If we search for definition of gambling, nowhere would be written about making money or earning, it will be all about taking a risk. Which makes gambling NOT an instrument to gain sufficient money.
What makes gambling make money is ourselves. We think that playing gambling can make money but actually it doesn't guarantee that we can actually make money. The thing is, we will experience losses that we might not be able to imagine, so if there are still people who want to make money from gambling, they should think again, especially if they have seen what happens to many people who want to make money from gambling. They will see that they have a hard time making that money and lose a lot so we don't need to try. Those who don't have a lot of money and want to gamble to make money should not try it.
A gambler may not realize these things at first. He thinks that he will be profitable when he starts gambling but later he loses his money. The gambler must come back from the plan to make money from gambling. If he thinks that he will earn from this then he will take a completely wrong decision which will result very soon. I agree with you that if someone gets someone else's idea of gambling then he will very much deviate from his plan to earn money from gambling. Everyone should take the temporary pleasure not the money from it but despite trying many can't control their gambling.

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November 20, 2023, 08:09:21 AM
 #695

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

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

First of, I'm 100% against the notion that gamblers only gambling because they do not have enough or sufficient money to fend for their needs, no, that assertion is totally wrong. Yes the purpose of gambling is to make extra money, having extra money is different from having insufficient money. I mean who doesn't want what you already have being multiplied by 2X or 3X and so on, dos that mean you don't have enough to fend for your needs? Absolutely not.

Different people have different reasons to why they gamble, yes some gamble because they don't have enough money and wish to multiply the little they have to be enough to fend for their immediate needs but that doesn't mean it applies to others or majority. You'll agree with me that there are people in the middle and lower class that gamble not for addiction or because of insufficiency but for other reasons too, maybe for fun or just for he extra cash so that assertion is totally wrong.

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November 20, 2023, 03:25:05 PM
 #696

A gambler may not realize these things at first. He thinks that he will be profitable when he starts gambling but later he loses his money. The gambler must come back from the plan to make money from gambling. If he thinks that he will earn from this then he will take a completely wrong decision which will result very soon. I agree with you that if someone gets someone else's idea of gambling then he will very much deviate from his plan to earn money from gambling. Everyone should take the temporary pleasure not the money from it but despite trying many can't control their gambling.
Trying to win in gambling is indeed a natural thing for everyone who bets on the games they play and they must also be able to control themselves in the games they play so as not to make mistakes that make them lose more quickly in the games they play. because if you can't control yourself in the game it will end very quickly and you will also lose the money used in gambling.

In gambling we must be able to enjoy the games we play so that we can control ourselves when playing. If we don't enjoy the games we play, of course we will play only in pursuit of big wins so that we will experience defeat quickly.

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November 20, 2023, 03:43:40 PM
 #697

Well, I think something, that the core of all this is based on the quality of the financial education that the person has. to have money, the person must be intelligent , because money runs out. Another very valid option is that when people try not to have a lot of money and decide to play not to have fun but to multiply their money, it is the worst mistake they can make in life
obviously that is an issue. For a gambler, he must have knowledge how to take care of his financial management besides having skillful about gambling sector also. Person who have less money & the person who have much money, both can enjoy gambling until decide to multiple funds within short time, for example you mentioned about casions! I think It isn't easy ever possible to beat casinos continuously but people start doing so after losing money cause sometimes they have own insufficient amounts at the end. This thing should be focused.

Does everyone choose to gamble when they have no money?
If that's the case, I think they took the wrong step. When they don't have money or have only a little money and want to get more money not by gambling, but they have to work hard to be able to get more money. if they choose to gamble they will only spend their money in vain, although there is a chance to win but it is not as big as the chance to lose, because gambling itself is created to make money not to give money to the people who play.

I think that is a fact that happens in every gambling. It's hard to beat a casino machine especially when it has been set up by the people in it, of course they set up casino machines that only give small wins to attract players to play more often, and in the end many of them make gambling the main income in their lives. Even the bookie can laugh loudly when the players start to get addicted who can spend a lot of money just to gamble that is not certain of victory.
The promise of fast riches draws people into gambling without money, not only "choose" to do so. Casinos arent built on winners, thus the odds are skewed. However, a twist: Suppose gambling isnt simply about winning? Perhaps its the thrill, risk, and entertainment? Gambling can be a way to escape the daily grind. Life doesnt always require "rational" decisions.

You're right about casinos' setup - they offer just enough wins to keep gamers hooked. Isn"t that entertainment? Suspense, uncertainty, hope? Enjoying the game is more important than conquering the system. Responsible gambling may be thrilling. Hard effort is commendable, yet gambling is exciting and alluring. Life's too short for practicality, right?

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November 20, 2023, 04:13:21 PM
 #698

-snip-

I prefer sports betting compared to other gambling games because my goal is to make a profit. Other games can sometimes give me bigger profits when I get a jackpot but that rarely happen, in other games I find it difficult to control myself, but in sport betting I can easily controlling yourself to avoid excessive gambling addiction.

Your statement is correct, gambling on sports is one that has a better chance of winning by focusing on the club playing and who the opponent is. Logically, even though the winnings are quite small, assuming it is not up to 50% of the bet, at least if the club we choose in the bet wins, at least there is additional money that has been obtained from the winning bet. However, emotions must still be controlled, because whatever type of gambling, it can usually lead to addiction.
Yes, sports betting can provide bigger wins than other gambling games, especially luck-based gambling games where we really hope for luck. Meanwhile, in sports betting, we rely on our analytical skills to find out which team has a chance of winning so that if our analytical skills are better, we can definitely get a team that can win. But everyone must have analytical skills so that we can find the team and it is not easy to have good analytical skills because it requires learning, which takes time so we can get used to it. And yes, emotions still have to be controlled so that we don't place bets with big money.

I don't think it can provide a larger number of wins, because obviously in any bet big or small wins can be obtained as long as the person is really lucky, and I think sports betting can give you the opportunity or potential luck to be bigger, we must understand that the level of victory with the level of luck is quite different. If you're a sports betting enthusiast, you'll have a good chance of increasing your chances of winning by a certain amount, and if you're an experienced sports fan then I think you'll have a good chance of increasing your chances of winning by a certain amount.

And also yes this bet is quite different from bets that rely purely on luck alone like maybe one of them like slot machines, that's right for those who have absolutely no experience in sports betting along with not knowing the world of sports then maybe it's the same thing, I  mean it's quite difficult to be able to increase the chances of luck, and the only way is to learn.

I would just like to remind  you that even though you can increase your odds with the skills you have in sports betting, you should not forget about some limits and self-control because it is very important.

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November 20, 2023, 05:45:30 PM
 #699

Since gambling requires money, everyone has some interest in gambling. No one would gamble without self-interest. But for those who want to change their position completely by gambling, this thinking should be changed because as I think it is never possible to change luck by gambling. Gambling may make some temporary money, so a gambler will never be able to make a big change in his financial situation by gambling. And it is not true that only those who have no money want to earn money by gambling but many people take gambling as fun. Many people gamble but not everyone can win and those who gamble and win are never addicted to gambling. After all the work, when I have free time, I gamble and it makes me happy.

If the gambler not have the sufficient money in the gambling sites,it was better to hold for the certain period of time.The loan and the gambling will not be the better option for the gambler,instead he can wait till the sufficient money for the gambling was raised.The loan was the money need to pay back to one person.If the gambler had possess the loss in the gambling it will be the big trouble for the gambler in the gambling times.If the gambler get the big win,the gambler get happy and their family member get happy.The reason was the gambler will get the huge money for their life upliftment by doing some business using that money.But if the gambler asked the money for the gambling the family members will not support him at the time of no money for the gambling.
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November 21, 2023, 04:21:08 AM
 #700

Well, I think something, that the core of all this is based on the quality of the financial education that the person has. to have money, the person must be intelligent , because money runs out. Another very valid option is that when people try not to have a lot of money and decide to play not to have fun but to multiply their money, it is the worst mistake they can make in life
obviously that is an issue. For a gambler, he must have knowledge how to take care of his financial management besides having skillful about gambling sector also. Person who have less money & the person who have much money, both can enjoy gambling until decide to multiple funds within short time, for example you mentioned about casions! I think It isn't easy ever possible to beat casinos continuously but people start doing so after losing money cause sometimes they have own insufficient amounts at the end. This thing should be focused.

Does everyone choose to gamble when they have no money?
If that's the case, I think they took the wrong step. When they don't have money or have only a little money and want to get more money not by gambling, but they have to work hard to be able to get more money. if they choose to gamble they will only spend their money in vain, although there is a chance to win but it is not as big as the chance to lose, because gambling itself is created to make money not to give money to the people who play.

I think that is a fact that happens in every gambling. It's hard to beat a casino machine especially when it has been set up by the people in it, of course they set up casino machines that only give small wins to attract players to play more often, and in the end many of them make gambling the main income in their lives. Even the bookie can laugh loudly when the players start to get addicted who can spend a lot of money just to gamble that is not certain of victory.
The promise of fast riches draws people into gambling without money, not only "choose" to do so. Casinos arent built on winners, thus the odds are skewed. However, a twist: Suppose gambling isnt simply about winning? Perhaps its the thrill, risk, and entertainment? Gambling can be a way to escape the daily grind. Life doesnt always require "rational" decisions.

You're right about casinos' setup - they offer just enough wins to keep gamers hooked. Isn"t that entertainment? Suspense, uncertainty, hope? Enjoying the game is more important than conquering the system. Responsible gambling may be thrilling. Hard effort is commendable, yet gambling is exciting and alluring. Life's too short for practicality, right?

Now the things that need to be considered are like what you said, thrill, risk, and entertainment. This is what they should make the goal when gambling.
With goals like this they probably won't lose a lot of money, as far as I know gambling by exchanging money to get entertainment and also sensation, if to get a win it's just a bonus from the game. But many people respond wrongly, they say that they can get rich quickly by gambling in the sense that they double their money with full confidence to get rich quickly by gambling.
Many sites promise easy winnings, but in fact it is difficult to get. Those who fully expect gambling by believing in playing without thinking about the risks that will come with the aim of playing to get a win or double the money, not for entertainment and looking for sensations.

Right you say, Enjoying the game is more important than conquering the system. Because basically the system has determined the rules of the game that will produce not harm the bookie. And keep in mind, not everything can be done instantly, only the most certain instant noodles hahahah. Grin

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