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Author Topic: Woes of gambling  (Read 859 times)
carlisle1
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February 06, 2024, 12:14:55 PM
 #161

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔
I just don't understand when casinos have the house edge and RTP set on their games, why shouldn't they play fair games. They don't make money randomly from the house, they make money long-term from the house, i.e. mathematically casinos are guaranteed to profit long-term because of the house edge while short term, it's not predictable whether you win or casino wins, that means that one day you might hit the jackpot and win lots of money but if you continue gambling and don't stop there, then you will eventually lose. So, play for fun and if you can't get, do some other activities.

That's how casino works,

they earn from each gambler who play and use their services, though you are right that there's time that you may win
huge but if you continue playing back casino will still wins in the long run.

Casino is a business and those who are facilitating knows how they find ways to keep those earnings. Same with what you said,
play for fun and not to expect that much.
Mahanton
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February 06, 2024, 12:39:55 PM
 #162

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔
I just don't understand when casinos have the house edge and RTP set on their games, why shouldn't they play fair games. They don't make money randomly from the house, they make money long-term from the house, i.e. mathematically casinos are guaranteed to profit long-term because of the house edge while short term, it's not predictable whether you win or casino wins, that means that one day you might hit the jackpot and win lots of money but if you continue gambling and don't stop there, then you will eventually lose. So, play for fun and if you can't get, do some other activities.

That's how casino works,

they earn from each gambler who play and use their services, though you are right that there's time that you may win
huge but if you continue playing back casino will still wins in the long run.

Casino is a business and those who are facilitating knows how they find ways to keep those earnings. Same with what you said,
play for fun and not to expect that much.
You wont really be putting up yourself on such problem if you are really just that simply responsible and mindful on what you are doing.People do usually mess up their lives on the time that they would really be having those kind of impulsive approach and those delusional kind of hopes and really that believing that they could really be able to take advantage towards gambling. Yes, its true that we might be lucky for sometime on which we might be able to win up some amounts but on the time that we do decide on playing even more or would really be continuing then this is where you would really be putting up yourself on such big trouble.

Gambling business wont really be that become a profitable business if not into those gamblers who are impulsive on which it does simply shows that gamblers would really be always at their disadvantage on which it would
really be just that right that they would really be that doing their very best on hooking up players since they do know that the do always have the advantage even
if we do speak about longer durations or runs. So it would really be just that matter on a certain individuals on how they would really be able to deal up with things.

R


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Baki202
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February 06, 2024, 12:45:11 PM
 #163

As far as I am concerned, it is not right to expect anything big from gambling the result is very bad. Gambling must be for fun sometimes I played it sometimes I stopped it if I stick to it, it will not take time to become a loss instead of a profit. Gambling is not for everyone making money here is difficult. Those who win are lucky but must know how to protect the odds. Change your perspective to reduce risk.
your expectations matter what you will get from gambling when I gamble I don't gamble with small expectations and that has always helped me because I enjoy AFCON and the premier league and La Liga leagues like that it makes gambling easy sometimes when you are betting on some clubs you already know what do clubs can do and with some information, it will make everything easy. I have not reasoned for once if a loss has stopped me from gamble and when I lose that is even the exact time that I will rearrange my game and we continue and it just makes everything to easy the whole thing is just about how you understand bitcoin. when it comes to money there is no easy way to make it you have to take that risk and that is what we are taking now.

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April 01, 2024, 09:27:14 AM
 #164

Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔

Some say that even if you understand the odds, you are still at a disadvantage while playing casino games. That's because the house always has an advantage, regardless of the game you're playing. They may not win every time, but the odds are always in their favour. This is referred to as the "house edge." Some argue that this renders gambling fundamentally unfair. Another factor to examine is the mindset of gambling. It has been demonstrated that people typically understate their risks of losing while overestimating their possibilities of winning. This is known as the "gambler's fallacy." When you're hooked up in the anticipation of gambling, it might be simple to fall victim to this illusion and wind up losing even more money.
Jody.Drummer
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April 01, 2024, 11:10:09 AM
 #165

Some say that even if you understand the odds, you are still at a disadvantage while playing casino games. That's because the house always has an advantage, regardless of the game you're playing. They may not win every time, but the odds are always in their favour. This is referred to as the "house edge." Some argue that this renders gambling fundamentally unfair. Another factor to examine is the mindset of gambling. It has been demonstrated that people typically understate their risks of losing while overestimating their possibilities of winning. This is known as the "gambler's fallacy." When you're hooked up in the anticipation of gambling, it might be simple to fall victim to this illusion and wind up losing even more money.

losses are the same as losses that are certain in casino gambling, because the host's goal is to make a profit from the large number of residents. So those who act as hosts have certainly set the chance of losing for the gamblers to be a large percentage, and the chance of winning is a small percentage, and that cannot be denied, let alone changed. this provision is permanent. In my opinion, this is not a matter of whether it is fair or not, but it is about each individual's understanding, because gambling is a game that was created for fun, not to seek definite profit.

It's a wrong mindset if they think of gambling as something that can make money for sure, because with a mindset like that, they most likely won't be able to accept it when the gambling they do ends up losing, and when that happens, maybe what they will do is chasing his losses or wanting to recover his losses by gambling again, he can even be more aggressive with the gambling he does again, such as by depositing more money for gambling and using bets that are large and worth it, but what you say is true, however they gamble, the end is certain. what happens is losing more money with that big risky action.

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betswift
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April 01, 2024, 06:35:04 PM
 #166

How your post sounds to me:
- You do not believe in Random Number Generators
- You do not think results are fair and that outcomes can be verified via provably fair system
- You do not believe the casino even if they say their house edge is 5% right in front of your face

Do yourself a favor - don't gamble.

that is exactly what i would like to ask as well.

Basically, we all know how casinos work, but despite this, there is a positive side that focuses on enjoyment, community and responsibility. If you perceive your losses as an opportunity for other players to make money, everything becomes much easier Grin
It's all about balance, education and support.

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April 01, 2024, 06:42:29 PM
 #167

Gambling will be considered a scam by those who are looking for money in casinos, the bodh thing on you OP why you consider that gambling is a scam is because you want money from gambling, while so far casinos do reward winners instead of rewarding winnings but you need to respond that gambling is not a profession or a place to make money, it is just a place of games, matches designed to provide entertainment to people, but unfortunately many people think that gambling is a place where you can multiply money. I think you need to understand that you don't make money from gambling unless you are a casino owner, you need money for your casino to operate.

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