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Author Topic: What I've learned so far as a gambler  (Read 2702 times)
Huppercase
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November 17, 2023, 07:41:15 PM
 #41

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

This is the harsh reality many gamblers don't want to accept, they don't want to accept the real sense of gambling, it's the house that always win and that's why we often hear that a person go broke from being a rich person to a poor wretched person without nothing again but when last did we hear that a gambling company when bankrupted because they allow people to play and couldn't payout. It's only in a rare occasion you see that happy.

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The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.

The only game where you have some power is in Poker, not the online one, this is the best game in casinos, as making profits off of bad players is possible.

As for Other games, You are at the mercy of the house.

Devil may means different things to different people, I think what drives them to play repeatedly is greed and when they are too lucky for the first time, a gambler that struggle t lo make something from playing will understand and when their games don't come home. They relax and try the next day but a guy who didn't do much is trying win domrt

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No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".

People are only using that as an excuse. Majority of gamblers are drivrn by the money and nothing like fun, there maybe few well to do persons buts its hard for a poverty guy to  gamble show you.. Many casino you see display in the movies are not what they show on TV especially until you need one. I will always address people in the good ways to live gambling as a source of information.

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Jemzx00
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November 17, 2023, 07:45:15 PM
 #42

Doesn't really matter if the reason you go to the casino is to have fun while earning and it might be a good thing to stop when you're ahead but it's hard to stop when you go to there to have fun and instantly doubled your money the first thing you do. If you're okay with it then go cash it out but if you want to have fun, then you continue gambling and try to earn more even with small bets.
Also, I beg to disagree about gambling is statistically impossible to win rather the probability of you maintaining your winnings while playing longer drop lower the longer you play but it isn't impossible.

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November 17, 2023, 08:01:08 PM
 #43

Doesn't really matter if the reason you go to the casino is to have fun while earning and it might be a good thing to stop when you're ahead but it's hard to stop when you go to there to have fun and instantly doubled your money the first thing you do. If you're okay with it then go cash it out but if you want to have fun, then you continue gambling and try to earn more even with small bets.
Also, I beg to disagree about gambling is statistically impossible to win rather the probability of you maintaining your winnings while playing longer drop lower the longer you play but it isn't impossible.
I still don't know why many people keep telling us that the major reasons why they go to casinos is to have fun. Does it means that they don't need money too just for the fun alone. We all want to make more money added to the one we have. The reason why many people keep gambling is to increase their portfolio so that their profits will keep increasing. As we are betting everytime and making profits, there are things we need to learn and understand about the way we bet and some other things we can do to improve the way we bet and how to stay safe without becoming an addict.

.
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November 17, 2023, 10:37:04 PM
 #44

Not everyone will have the self-control of a saint in this situation. Often, people will push their luck to try and win them all. It will not be the case unfortunately and they will never, ever, win everything at once because the casino is designed to take every single penny they have. Then again, most people don't realize this, and they believe that they have the luck that not everyone has, and that they are someone special.

I'm yet to meet a person like myself who stops gambling whenever a substantial win comes. I used to play for fun, but now I try to play for the win and gain something even though I know that gambling isn't the perfect avenue to do this thing.
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November 17, 2023, 10:52:24 PM
 #45

If you bare able to double your capital for a day comon that's a huge win but then the problem turns out that most persons don't want it that way, they basically want to get way more, but I think if they have huge capitals enough, when ever its been doubled, it makes more sense but with little capital it does otherwise.

This too in other ways has gotten others to venture in to borrowing or further getting extract cash so they have this really huge capitals such that they can flip their accounts fast enough a d when it turns against them, they fall in to really big problems because they were greedy, with your little capital, if you made 100% you are good for the day leave and come back tomorrow fresh with and better approach and strategy if you must continually win.

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November 17, 2023, 10:57:38 PM
 #46

Doesn't really matter if the reason you go to the casino is to have fun while earning and it might be a good thing to stop when you're ahead but it's hard to stop when you go to there to have fun and instantly doubled your money the first thing you do. If you're okay with it then go cash it out but if you want to have fun, then you continue gambling and try to earn more even with small bets.
Also, I beg to disagree about gambling is statistically impossible to win rather the probability of you maintaining your winnings while playing longer drop lower the longer you play but it isn't impossible.
I still don't know why many people keep telling us that the major reasons why they go to casinos is to have fun. Does it means that they don't need money too just for the fun alone. We all want to make more money added to the one we have. The reason why many people keep gambling is to increase their portfolio so that their profits will keep increasing. As we are betting everytime and making profits, there are things we need to learn and understand about the way we bet and some other things we can do to improve the way we bet and how to stay safe without becoming an addict.

The reason people insist on going to the casino to have fun is because if they don't go there for fun, they'll go home angry. Those players who go to casino for money are victims of anger after spending time in the casino, with no money in their pocket. When we go to watch football in the stadium, it's for fun. We don't expect any money in return after paying for a seat. Same is applicable to gambling. The money aspect of it, is what keeps the fun going and helps us to think better. Not that they don't want to make more money through gambling. But, it's not guaranteed that they'll win. Instead of having money in mind as their primary aim, it's better to convert that particular thought to become fun. How do you intend to increase your profits through gambling, when nothing actually works the way we think, in gambling. Except on a situation like Op said, playing poker with an inexperienced player. The techniques and skills related to gambling can only work for some times, but won't guarantee steady winning. Any day we win big, it'll be an additional fun to us, which makes gambling different from other kinds of leisure games.

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November 17, 2023, 10:57:46 PM
 #47

Not everyone will have the self-control of a saint in this situation. Often, people will push their luck to try and win them all. It will not be the case unfortunately and they will never, ever, win everything at once because the casino is designed to take every single penny they have. Then again, most people don't realize this, and they believe that they have the luck that not everyone has, and that they are someone special.

I'm yet to meet a person like myself who stops gambling whenever a substantial win comes. I used to play for fun, but now I try to play for the win and gain something even though I know that gambling isn't the perfect avenue to do this thing.

we can't deny the fact that there's adrenaline rush when you already have your winnings on hand. it is not a surprise if you will push thru yourself to more games after a winning. however, very few can get out with their winnings still intact if they will continue to do so.
because in the long run, the house always wins. so before you rekt your winnings, better get out while your head is still clear.. Grin

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November 17, 2023, 11:00:30 PM
 #48

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.

The only game where you have some power is in Poker, not the online one, this is the best game in casinos, as making profits off of bad players is possible.

As for Other games, You are at the mercy of the house.

No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".

We can't simply say the gambler was never made any win from the gambling.Their was the possibility to win the game in the gambling sites, but you need to understand the real life while doing gambling.Many of the gambling people will do the continuous betting will forgot about the real life around him.So he need to think about their family before using the money which take for the gambling.So don't use the money for the daily gambling losses.The owner of the gambling site will win from the gambling site in the easy way.But the user win not claimed the winning by the other game.
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November 17, 2023, 11:14:29 PM
 #49

From my gambling experience myself also have the same thought, person who knows when to stop could be on the safer side. Whether we're on the losing streak or winning side, we should have the limits set and stop our activity. Looking for better win could further lead to loss. Sometimes continued loss and looking for recovery of what we have lost end up our fund in much short time than getting prolonged. As a gambler we shouldn't be confident with our gambling activity, here success is upon when to stop.

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November 17, 2023, 11:23:30 PM
 #50

Doesn't really matter if the reason you go to the casino is to have fun while earning and it might be a good thing to stop when you're ahead but it's hard to stop when you go to there to have fun and instantly doubled your money the first thing you do. If you're okay with it then go cash it out but if you want to have fun, then you continue gambling and try to earn more even with small bets.
Also, I beg to disagree about gambling is statistically impossible to win rather the probability of you maintaining your winnings while playing longer drop lower the longer you play but it isn't impossible.
I think it's impossible, well that's my own opinion on the issue anyways, I think if you continue gambling when you are on a winning streak there would be a point when you would run out and the losses will kick in and no matter what strategy you use , if you are lucky then you will find your self losing everything back and even your initial funds used to start up. That's why when I gamble, although the fun aspect is there but I still do set limit to my achievement or winning and if I see that it's okay to go, I carefully leave and stop playing.

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November 17, 2023, 11:26:58 PM
 #51

What I get from the gambling that I have been doing. And what is my conclusion regarding gambling, I conclude that gambling is detrimental and even very detrimental, but gambling is also very fun.

And whether we realize it or not, even if we are quite skilled at controlling our own gambling activities and are able to win in gambling, it is only a substitute for our previous failures and even if we calculate these wins, they will not be enough to compensate for the losses we have experienced so far. Unless you are lucky enough and get a big win up to many times the amount of your bet. And even this gambling can be very detrimental, when we are not able to control ourselves over the gambling we do.
But even so, gambling is very, very fun, so even though someone is often disappointed by the gambling they play, because they lose too often. However, this will not dampen his enthusiasm for returning to the gambling table.

I personally gamble because I think it is my pleasure. And as long as I am still able to control myself, I am also able to accept the defeats I experience and am able to manage my finances. I consider that this is fine.

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November 18, 2023, 12:50:56 AM
 #52

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.


No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.


If you are there for a night out and if you win it's a bonus, then why would doubling your money come into play? Are you there to gamble and make money or there to have a good time win or lose? Seems a little contradictory is all i'm saying.

I think your thought is correct, make double what I came with and leave. Some casinos also have other events such as concerts and game shows. For a good time, get tickets and go on these night.

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November 18, 2023, 01:56:01 AM
 #53

From my gambling experience myself also have the same thought, person who knows when to stop could be on the safer side. Whether we're on the losing streak or winning side, we should have the limits set and stop our activity. Looking for better win could further lead to loss. Sometimes continued loss and looking for recovery of what we have lost end up our fund in much short time than getting prolonged. As a gambler we shouldn't be confident with our gambling activity, here success is upon when to stop.
I have learned so many things from gambling so far,and they are similar to your experience.Before,I used to think untill I have won,I will never quit or stop gambling for that day,but after losing so much money because of that,I have learned to stop if I'm having a bad day,and my luck is not effective for me to win games that day.One thing about gambling is that,some days are always bad,while some days are good.If that day will be bad,the first,second and third time you will play,you will lose.Days like that you don't need to continue playing,just know that it is a bad day for you,and stop gambling, otherwise,you will cry for your money,while days that will be good,you might win after the first or the second hand,then just know that that day is your day,you can play as much as possible because what ever you play,will turn out to be winnings,but in the process,if you notice that you have started loosing again,just stop and go home with the one you've won that day, because if you continue to play more,they will take back the money won already.

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November 18, 2023, 02:25:00 AM
 #54

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.
You really should if you're mindset is just to double or triple your bankroll but if you're a thrill seeker and you play with money that you can afford to lose why not take the risk, every gambler differs some gamble for money some gamble for fun you cannot reason to gamblers what they want to achieve in playing

Quote
The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.
It is actually your subconscious mind when faced with a situation like this, the subconscious mind's desire pulls up, prior to facing this situation you thought of this in the past and it's just coming out when the situation is presented to you.


Quote
No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.
If you include a poll the poll will tell you that it's not the case many gamblers really play for fun, it's not about making money for everybody

Quote
Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".
With a highly competitive market you can also lose money managing a casino, casino operation is not sure money there are casinos that fold up because they cannot keep up with the competition.
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November 18, 2023, 02:35:30 AM
 #55

You sound so in control in your gambling habits, OP. Youre right that it is better to secure your gains rather than risking it all for more. Tho doubling your money is a significant achievement in a casino, we should learn to stick on our budget especially when your consequently losing. And once you win, considering alking rught away. Knowing when to walk away with your winnings can be the key to leaving on a positive note. It's a smart strategy Smiley

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November 18, 2023, 02:57:19 AM
 #56

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.
This is actually true, if you are lucky in the first few hours then get out. As luck wouldn't last for hours in casino, the longer you play the more you are losing. Same as the more greedy you become the more greedier you'll become.

This thing happened to me, got lucky my $20 becomes $200 then ended up to $40. I know if I continue to risk it, it's either I go home double my money or ended up nothing. Grin
Sometimes when we win a big jackpot, greed always comes in and we hope to win more because someone definitely thinks that they still have more luck.

Your experience is almost the same as mine and I have also told about it in another thread. This can be a lesson for all of us. If we are gambling and have won, it is better to stop immediately and enjoy the win by leaving a little money to gamble again tomorrow. Try to get lucky again, but if we don't get lucky again, at least we have set aside the money we previously won for other needs so that the winnings are not just spent on gambling.

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November 18, 2023, 03:04:35 AM
 #57

Well, it is good to know you seem to be in control of your gambling habits OP, this is the kind of stuff sometimes is supposed to be repeated so people won't forget about how important it is not to let greed to take over us while we are having a lucky night in a casino.



If you are there for a night out and if you win it's a bonus, then why would doubling your money come into play? Are you there to gamble and make money or there to have a good time win or lose? Seems a little contradictory is all i'm saying.

I think your thought is correct, make double what I came with and leave. Some casinos also have other events such as concerts and game shows. For a good time, get tickets and go on these night.

I have wondered in the past how possible it would be for online casinos to host live events for their gamblers in that particular location to enjoy, like I know it would not be so easy for them to do so as it is for brick and mortar casinos; it would just be nice to see some online casino to try to get us the full experience if what we would get in a brick and mortar. I have also fantasied a bit with the idea of online casinos getting a partnership with delivery services so they can send some drink or snacks for those patrons who have gambled beyond some wager requirement, you know they usual treat of old school casinos, but adapted to the digital era. Perhaps, some day we will see it.  Tongue

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boty
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November 18, 2023, 03:15:36 AM
 #58

If you are there for a night out and if you win it's a bonus, then why would doubling your money come into play? Are you there to gamble and make money or there to have a good time win or lose? Seems a little contradictory is all i'm saying.

I think your thought is correct, make double what I came with and leave. Some casinos also have other events such as concerts and game shows. For a good time, get tickets and go on these night.
Some people who gamble to double their money will of course find it difficult to get their winnings because it is very difficult to win bets if they target winnings from the games we play and gambling for fun of course it would be better if we had determined the money we use. to gamble and not take other money when you lose.

If we can win the bet we play, it would be better for us to look for other pleasures so that we don't experience defeat after the win we get.

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November 18, 2023, 03:54:16 AM
 #59

Some people who gamble to double their money will of course find it difficult to get their winnings because it is very difficult to win bets if they target winnings from the games we play and gambling for fun of course it would be better if we had determined the money we use. to gamble and not take other money when you lose.

If we can win the bet we play, it would be better for us to look for other pleasures so that we don't experience defeat after the win we get.
Gambling is filled with volatility just as cryptocurrency, the results are versatile and this is my kindly advice, don't be too dependent on the system because there's plenty rooms for dissapointment for anyone that hopes of getting better results from the system. Gambling do have two possible outcomes, it's either a win or a loss, but whatever outcome we ought to embraced it and hits a trial another day. Today might be a bad day, but we can not be unlucky for 365 days, one of the brilliant motivation quotes that keeps me going to good standard.

R


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November 18, 2023, 04:40:07 AM
 #60

If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.

The only game where you have some power is in Poker, not the online one, this is the best game in casinos, as making profits off of bad players is possible.

As for Other games, You are at the mercy of the house.

No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".

I quoted you the entire post because I think exactly the same thing. The problem is that many people who gamble don't understand the concept of expected value. In poker, with a combination of intuition and calculation you can make plays with positive expected value, but in casino games in general it is impossible. They are inexorably EV-games.

So, if someone goes to a casino with $200 and plays a play in a 5% House Edge game, if he wins and doubles up, having a total of $400, that person doesn't really understand that he has had $210 of too much luck. He thinks he is on a streak and continues playing as if the streak will never end, to end up losing everything, when he has not understood that in the first play the expected value was $190, and if he has ended up with $400 it is that he has been way too lucky.

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