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Author Topic: Relying on gamble wins is dangerous to mental health  (Read 1157 times)
mindrust
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October 11, 2023, 08:36:44 AM
 #41

Getting obsessed with gambling is a serious mental disease. Gambling itself is not a bad thing as long as you can control yourself but the moment you find yourself dreaming about big wealth, it gets dangerous. Gambling is just a way of passing time, nothing else. In the long run you are expected to lose money because the games are designed that way. If it was possible to win in the long run (like a job) then the casinos wouldn’t make any profits and just like any other business that can’t generate profits, they would go bankrupt. If you want to generate a reliable cash flow, you should invest in income producing assets or just get a job.

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October 11, 2023, 08:40:58 AM
 #42

I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game.  This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.

People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.
Gambling with no expectation of winning the bet is the best way to approach every bet you make so that you will not be disappointed when you lose, about your friend he fell too deep due to his winning streak that is why he isn't satisfied even after he made 250x in those three days, hope this is the first time that he caught up in that situation cause clearly its a sign of addiction and for someone with such characteristics need to have restrictions for themselves to gamble safe in future.









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October 11, 2023, 08:43:41 AM
 #43

Your friend is mentally weak and he shouldn't be gambling. No matter what the outcome might be, if you are using as low as $1, you shouldn't really care even if you lose the last match or one in the middle, you already know that you might win but you can also lose, so it shouldn't affect you that much no matter how close you got. I know it feels bad seeing you lose something you got so close to but if you can't take that gracefully, you shouldn't get to it in the first place.

A person should know their nature and how much control they have over themselves and their emotions, and they should do everything based on that. Your friend got sick for three days because he didn't win the money he was expecting to win with just $1, I wonder what would have happened if he had lost $2,500 from his pocket.

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October 11, 2023, 08:51:33 AM
 #44

People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.
A dollar to 2500dollars is firstly a skeptical news to digest. But the second part is completely palatable.

Such losses are not new in the gambling industry and players are known to have made the mistake of either going greedy or chasing a loss, both of which are fatal mistakes. The trick to avoid this from happening is stopping as soon as the winning bet is cleared and cashing out from the casino to never come back. But this is practically not possible for any gambler in the heat of the situation.

Tell your friend that this should be a learning experience for them and not to repeat it.

R


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October 11, 2023, 08:56:34 AM
 #45

You can’t rely on potential gambling winnings as income. It just doesn’t work for the vast majority of people. Gambling should be a hobby, you should see it as fun. The moment it stops being fun is the moment you need to stop and assess what you’re doing.

Never gamble with more money than you can afford to lose. It’s just worth the misery that losing brings.

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October 11, 2023, 09:09:28 AM
 #46

How many times we need to repeat gambling is for fun and not for making money? I feel like everyday there's always someone create a new thread talk about a gambler don't have a self control and treat gambling is for making money.

People need to get a job and working hard to achieve their dreams instead of gambling when your financial aren't stable.

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October 11, 2023, 09:54:19 AM
 #47

I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game.  This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.

People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.
It's not really gambling per se, it's more like that roller coaster ride of emotions. How old is your friend? It should be more apparent the older you are, it's not an exaggeration when you see shows of people having heart attacks or something similar when they're agitated or not. I reckon it happened to your friend since it was a pretty long-ish session, considering he started from $1 to $2.5k. Though I guess it also depends on your constitution.

Doesn't negate the fact that you should expect wins all the time though. The act itself was okay imo, I mean I'd be down to play more if I got lucky to make a $1 to 2.5k, and even if I lost, I would've technically lost nothing.

R


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October 11, 2023, 10:37:45 AM
 #48

The experience you have with your friend is even better than mine, I have a friend that well thought he is going to win in a sports bet and he already make some financial steps with the hope that he would pay back the money with the money he didn't won yet, I don't know about this until he got arrested, he was in debt because he lose the game and he was forced to sign an agreement to start paying back the money every month.

I am confused here, sorry to say that. Do you mean that you friend was spending his wins in advance when he hasn't won yet. Damn it, some gamblers are full of shit, for having a 100% believe that their bet must be a win.

Some gamblers are going extra miles on this gambling of a thing, for they think that winning is consistent, or don't they doubt their games, or there is nothing like losing in their dictionary. When I am gambling, I do have the anxiety of winning but along the line when I remember that there is no guarantee that I will win. Whatever outcome that the game turns to be, I will accept my fate.

If along the line, I win the game, I will happy that I was lucky because if I think that it was by my own strategy that I won the game, this might make me keep on playing because I will feel that I have understood my game, which is not true.

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October 11, 2023, 11:02:34 AM
 #49

I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game.  This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.

Have been in this world many times and I can feel his anger. This happened a lot when your desire exceed your finance and then yiu begin to hope on gambling and it is when your hopes are high the bet do cut, most of the time is even the last game that do cut these tickets. Just imagine having a 10 games where you stake $1 and 9/10 had played and all won left with 1 remaining, either you voluntarily put mind or not, the mind will be there but putting all hopes on it is not good, there is no way you wouldn't full the impact if it eventually failed. That's how dangerous it is to hope on betting for living.

Quote
People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.

Sometimes, isn't there fault, some situations will make you have hopes and them all of sudden, it collapse and then you have to start again. Not good to depend on money from gambling but having your games coming upto 97% chance of almost winning and then everything went down zero is traumatizing particularly when big money is involved.

There are even sometime you lost gambling descipline in this similar situations, you just don't know how to help it but over react. However, staying long and angry about it is not good. Laugh it off and try again.

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October 11, 2023, 11:20:12 AM
 #50

He already gained a lot of money, if I were him I'd stop at that point or maybe more early than it and just enjoy all my winnings.
What he did is the definition of greed and when the last bet lost, it hit him hard with regrets that it made him sick. This kind of loss should just pass by and let it be an addition to the learning experience. He still did great at increasing his profits at that point and maybe you should remind him of that as a friend.
What he lacks is the discipline on when to stop and I don't blame him because many gamblers do have this kind of problem. But again, he already has the experience from what recently happened to him and it will be a reminder every time he is already making profits. The stopping point is what he needs, a plan on where to say that its enough and should take a rest.

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October 11, 2023, 01:40:27 PM
 #51

You get used to good things very quickly. If your friend won, he may have decided that life is so easy and that his calling and way of earning money is gambling. I have also met similar people who get depressed after losing. But I always have a question: why did all these people decide that they should always be in the black? What's wrong with them? Arrogance, vanity? I think this is the most common form of stupidity and laziness. Lady Fortune sometimes turns her face towards us, but how we behave serves as a further lesson in life. Sometimes the first success brings subsequent tears.

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October 11, 2023, 02:37:45 PM
 #52

If there is a gambler who is totally dependent on winning gambling, perhaps this gambler thinks that gambling is his last resource to find a solution to his problem. and if he didn't win or didn't get what he expected, he would be very stressed, for sure.

This kind of expectation of a gambler when playing gambling is not a good move because it will only cause problems when we do this in the reality of life.



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October 11, 2023, 02:39:45 PM
 #53

That's why it's not important to aim to win at gambling, because to achieve that there will definitely be defeats which will damage your feelings and mentality, so gamble wisely, just enjoy the game as you should, use a healthy mindset to be able to limit yourself so you don't become addicted, because If so, it will damage your friend's mental health. So don't rely on winning gambling.

Just think of gambling winnings as a bonus, don't use it as a reference and target to achieve something, the point is to play gambling to enjoy it, don't rely on winning at gambling, because if you want to have money, you should work or trade, because gambling doesn't always make you money, instead it just drains your friends' money. You, make sure your friends can limit their budget when gambling. that's the most important thing  Wink

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October 11, 2023, 03:40:50 PM
 #54

That is the result of greed and your friend is greedy because he wants more wins. If he had stopped in time, he would not have lost all his money and now he could still enjoy his winnings. But it has happened and your friend should realize his mistake and not repeat it again.

If that happens to you, you should be able to stop and leave the casino. That is the best advice you can do so that you don't lose your winnings and can enjoy it with your friends or family. Greed will only give you defeat, especially when you are gambling, so you have to really understand it.

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October 11, 2023, 04:04:17 PM
 #55

I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game.  This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.
In this case there is really no way to feel something different, because to turn 1$ into 2500$ and lose everything right after, without enjoying the money is a real golden opportunity dropped on the garbage. That is the price he has to pay for his own greed, as every actions have consequences. I hope he is able to pass through this process and get better, but I'm aware it's a tough one.

When you get in touch with him, tell him that he will be able to earn much more than 2500$ by working and developing his career in another ways which don't involve gambling. Tell him the most precious good we have in life is health, not money, and if you have health you can persue the money you need to thrive. Recharge his hopes and expectations about the future, without forgeting past experiences which proportionated him learnship and self-awareness.

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October 11, 2023, 04:34:27 PM
 #56

That is the result of greed and your friend is greedy because he wants more wins. If he had stopped in time, he would not have lost all his money and now he could still enjoy his winnings. But it has happened and your friend should realize his mistake and not repeat it again.

If that happens to you, you should be able to stop and leave the casino. That is the best advice you can do so that you don't lose your winnings and can enjoy it with your friends or family. Greed will only give you defeat, especially when you are gambling, so you have to really understand it.

As we know in any case, if you instill a sense of greed, it will usually lead to things you don't want, such as downturns, especially in gambling, it is very dangerous if you bring greed to gambling because it is clear that winning or losing greed will always bring problems for you, especially in finances and also mentally will definitely be disturbed there too. For gambling itself, greed is usually for those who have experienced addiction, are never satisfied with what they get, as you said above and always want more. Basically it is very difficult friends if the person is already addicted, it is difficult to resist that greed even though well indeed avoiding is a better way, but their curiosity always encourages them to continue their gambling.

I think only a few can apply full control and responsibility in their gambling. Agree, if you have won then it is better to immediately make a withdrawal, greed comes out of your curiosity and of course for the final result will not always be in accordance with what you want, it is even very likely that you will lose the victory again. So the point is even though your winnings are a little no problem, it's better than you lose.

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Stepstowealth
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October 11, 2023, 05:55:40 PM
 #57

 This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.
Over dependence on something or someone without knowing how to deal with disappointment can be very bad. Disappointment is what as you mature you need to know how to handle it because it usually comes and can mess with the mental health of a person. The person in the story depended too much on the money and maybe the loss got to him more because maybe that was all he had left, or had already made serious plans for money that has not come. Gambling is not a way to make money, so gamblers should learn to handle losses when they experience it.

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October 11, 2023, 06:12:00 PM
 #58

I have always advised against playing bets like this. nmd it is a real rule that I have adopted since a while with decent results.
...
10° Last but don't least.... Don't play too much events in one toto bet!
...

Of course there is... a mathematical explanation, no more and no less.

I would suggest your friend use tools to optimize profits.
https://www.sidelines.io/odds-calculator (there are several free available on line).
Another solution is offered by gambling exchanges... if you haven't this option in your country just bet "against" a certain event" that allow you to win (much less of planned but it's still a win).

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rachael9385
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October 11, 2023, 06:12:56 PM
 #59

I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game.  This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.

People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.
When I am talking about gamblers who are gambling for the sake of interest (profits and winning), the person that you mentioned is one of them. Some might gamble just for fun, but other gamblers can't or will not gamble for fun. Even if a gambler is gambling for fun, there will be a limited time for the fun and when the losing starts, that's when the person has gone low on funds.

However, it is not good to depend on a bet because it can make someone get health issues (mentally ill) when thinking of money that one has lost or thinking about the money that you might have won from gambling, but something happened that made the bet to lose. The gambler starts thinking about it, so putting hope on gambling is not a good endeavor. I have experienced such things, but in my case, I didn't regret any action or think about my loss because it was gambling.

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Oluwa-btc
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October 11, 2023, 08:53:39 PM
 #60

I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game.  This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.

People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.

When you gamble, it's either a win or a lose. Reasons nwe get vexed or angry is because we're simply over expectant. Though, I've been in such conditions twice I know what it feels like and it sucks.
But why worry for too long on things you cannot control no more? If he had the opportunity to cash out and he didn't then that would have made everything worst.

I learnt it the hard way, I won't let greed stop me from taking profits no way.
Having too much hopes on gambling and winning big is bullshit, that big win you want might still not come your way. Gambling is best wom when you play it with fun.

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