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Author Topic: Gambling mistake repeated by the gamblers  (Read 4600 times)
Jody.Drummer
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April 30, 2024, 10:00:06 AM
 #561



I do not think they will listen because they do not need to be corrected what they need is to realize how wrong they are with the thought of gambling to earn as their primary source of income..
As long that kind of mindset is still imprinted to their minds they will never get to listen what everybody is trying to say, this is base on my own personal experience with dealing to a person which was my former co-worker in the same department who quit and resigned his job because he hit big in gambling and he tried to continue his living by doing more of the gambling work. We have not seen for a long time now but I heard he is now working again to a different company in which he again started at the bottom position.

You're right, usually no matter what advice we give them, they don't really listen because all they have in mind is their own. Been there done that, I just got tired of giving advice because everything I say that is for their good is just ignored so I just let it go, because they will learn better when they experience the things that we always say to them, then when it happens to them, they will only remember all the advice we gave them. That's why we help them so that they don't end up in such a situation, but it's their choice whether to listen or not, as long as we are kind to them.

It's hard when a gambler already has a misconception of what gambling really is and it's usually this misconception that makes gamblers fall into addiction unconsciously, and their mistake is always about assuming that gambling can be used as a place to earn while the facts about gambling can never support the intention and purpose of earning because the name of victory in gambling is nothing more than a “possibility” which in addition there is absolutely no certainty and any guarantee to ensure that you will be able to end the session with a win.

I think in the end it is just a matter of time, because as you said they are difficult to tell which sometimes your suggestions and input can make them feel annoyed which in turn causes problems, so it is useless if we care too much about them because they also do not care about themselves and their own safety. On the other hand it is good to tell or advise them or direct them to things that can prevent them from bad possibilities but in the end it is difficult to make them really believe in our words and suggestions, which in the end yes as I said above that maybe this is just a matter of time which over time they will also definitely feel or experience the bad effects of treating gambling in the wrong way.

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April 30, 2024, 10:24:56 AM
 #562


It's hard when a gambler already has a misconception of what gambling really is and it's usually this misconception that makes gamblers fall into addiction unconsciously, and their mistake is always about assuming that gambling can be used as a place to earn while the facts about gambling can never support the intention and purpose of earning because the name of victory in gambling is nothing more than a “possibility” which in addition there is absolutely no certainty and any guarantee to ensure that you will be able to end the session with a win.

Yup, that kind of misconception as they think that they can quickly make money if luck permits them, they will keep on pushing and digging for that luck to com forward and let them win decently, though most of the time, even luck permits them they tend to keep aiming for more instead of taking that advantage to quit and enjoy their earnings.


Quote
I think in the end it is just a matter of time, because as you said they are difficult to tell which sometimes your suggestions and input can make them feel annoyed which in turn causes problems, so it is useless if we care too much about them because they also do not care about themselves and their own safety. On the other hand it is good to tell or advise them or direct them to things that can prevent them from bad possibilities but in the end it is difficult to make them really believe in our words and suggestions, which in the end yes as I said above that maybe this is just a matter of time which over time they will also definitely feel or experience the bad effects of treating gambling in the wrong way.

It's good to provide advise, but there's no assurance that those people will listen, even how close you are to them there's still a big chance that will just follow whatever they think is better for them.

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Jody.Drummer
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May 01, 2024, 09:30:25 AM
 #563


It's hard when a gambler already has a misconception of what gambling really is and it's usually this misconception that makes gamblers fall into addiction unconsciously, and their mistake is always about assuming that gambling can be used as a place to earn while the facts about gambling can never support the intention and purpose of earning because the name of victory in gambling is nothing more than a “possibility” which in addition there is absolutely no certainty and any guarantee to ensure that you will be able to end the session with a win.

Yup, that kind of misconception as they think that they can quickly make money if luck permits them, they will keep on pushing and digging for that luck to com forward and let them win decently, though most of the time, even luck permits them they tend to keep aiming for more instead of taking that advantage to quit and enjoy their earnings.

Yes and I would say that usually this misconception starts when they see people including some of their close friends who managed to win big in gambling which motivates them to participate and get involved in gambling in the hope of getting the same winnings that others managed to get, which means from this alone we can conclude that they come with the intention and purpose to produce the following and also only focus on winning which is where this mindset can make them rule out other aspects of gambling that can never be avoided such as the risk of losing, meaning that they misunderstand and think that gambling may only be about winning opportunities when it is the opposite where the possibility of losing has a much higher percentage, so it is natural that for example they experience a lot of losses because victory will only come when they are lucky.

I think in the end it is just a matter of time, because as you said they are difficult to tell which sometimes your suggestions and input can make them feel annoyed which in turn causes problems, so it is useless if we care too much about them because they also do not care about themselves and their own safety. On the other hand it is good to tell or advise them or direct them to things that can prevent them from bad possibilities but in the end it is difficult to make them really believe in our words and suggestions, which in the end yes as I said above that maybe this is just a matter of time which over time they will also definitely feel or experience the bad effects of treating gambling in the wrong way.

It's good to provide advise, but there's no assurance that those people will listen, even how close you are to them there's still a big chance that will just follow whatever they think is better for them.

True, basically there is nothing wrong with giving advice or input to them because after all we are trying to help them to at least avoid other bad possibilities in gambling, but in the end it's up to them, if for example they don't want to listen and always maintain their mindset and beliefs which actually will only harm themselves then it doesn't matter because at least we have given our best by trying to help.

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coinerer
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May 01, 2024, 09:37:23 AM
 #564

~
~
Better to be in positive even if it's just a small amount of earnings, as the chance of losing always higher compared to your chance of winning, the fact that gambling always accompanied by risk and without good control of your emotions will continue to lead your way to lose all the money inside your wallet.

I actually think that another big mistake repeated by some gamblers all the time is thinking that their winnings are small with the bet they make and that they should increase their bet size. It's true that with 10x multiplier you'll win $200 if you bet $20 and you will win only $2 if you bet $0.20, but the thing is that you can quickly lose all your balance betting $20 at once and never hit that 10x, that's what must be kept in mind always.
Everyone dreams of winning more. there more greedy people are in gambling, the more dangerous they are. Greed and emotion push people into risky investments, including gambling. If someone bet $0.2 and win 10x he will get $2 but our emotions won't accept it our greed will push us to bet $20 as if we win $200 but we never think that these are losses.  If we do we lose $20 instantly. this is our main problem. So our main focus should be controlling our emotions and greed


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Fredomago
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May 01, 2024, 10:14:18 AM
 #565

~
~
Better to be in positive even if it's just a small amount of earnings, as the chance of losing always higher compared to your chance of winning, the fact that gambling always accompanied by risk and without good control of your emotions will continue to lead your way to lose all the money inside your wallet.

I actually think that another big mistake repeated by some gamblers all the time is thinking that their winnings are small with the bet they make and that they should increase their bet size. It's true that with 10x multiplier you'll win $200 if you bet $20 and you will win only $2 if you bet $0.20, but the thing is that you can quickly lose all your balance betting $20 at once and never hit that 10x, that's what must be kept in mind always.
Everyone dreams of winning more. there more greedy people are in gambling, the more dangerous they are. Greed and emotion push people into risky investments, including gambling. If someone bet $0.2 and win 10x he will get $2 but our emotions won't accept it our greed will push us to bet $20 as if we win $200 but we never think that these are losses.  If we do we lose $20 instantly. this is our main problem. So our main focus should be controlling our emotions and greed

Indeed, such greed is built in inside us without that proper control we will just ending up losing more instead of taking some and enjoy, we should have that capabilities to limit ourselves and take time to stop when it's needed the most, gambler who have that kind of control always have an edge against those who doesn't have and also have that capabilities to take advantage not only with the fun and excitement but also the chance to make some money from the casino, though not all have that but it's needed if you want to enjoy and not to fall into any types of addictions.

Which most of the time gambler keep repeating aside from losing they also get that deep engagements that mostly ended up getting addicted and lose more money.

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May 01, 2024, 10:36:23 AM
 #566

Indeed, such greed is built in inside us without that proper control we will just ending up losing more instead of taking some and enjoy, we should have that capabilities to limit ourselves and take time to stop when it's needed the most, gambler who have that kind of control always have an edge against those who doesn't have and also have that capabilities to take advantage not only with the fun and excitement but also the chance to make some money from the casino, though not all have that but it's needed if you want to enjoy and not to fall into any types of addictions.

Which most of the time gambler keep repeating aside from losing they also get that deep engagements that mostly ended up getting addicted and lose more money.
Greed is definitely there, not even just in gambling, in other things in everyday life there must be people who are greedy, especially when it involves profit. Surely everyone wants more when they get a profit. But naturally, because money is the thing that everyone wants, because with money we can buy everything, but not everything can be bought with money. I agree with you, we must realize that gambling is not a means of making money, the victory that has been obtained once is likely not to be obtained again even if we continue the game, from here we must be able to have discipline and also limits in gambling, if it is not ready to lose the victory that has been obtained then it is better to think again if you want to continue gambling to get another victory.
A common mistake in my opinion is that they think gambling is a means of being able to make money. So that many of them experience losing a lot of money just to get a big win according to what their hearts desire. But with their assumptions like that on gambling will only make them addicted to gambling and experience losing even more money.

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May 06, 2024, 04:21:14 PM
 #567

Everyone dreams of winning more. there more greedy people are in gambling, the more dangerous they are. Greed and emotion push people into risky investments, including gambling. If someone bet $0.2 and win 10x he will get $2 but our emotions won't accept it our greed will push us to bet $20 as if we win $200 but we never think that these are losses.  If we do we lose $20 instantly. this is our main problem. So our main focus should be controlling our emotions and greed
Gamblers need to learn to keep their feet on the ground and avoid dreaming with their eyes open, without a doubt it would be great if we could make a big bet and win it with a big multiplier, this way we could get a lot of money with little effort, and while this may happen to a few people out there, this is not very likely, with the most common scenario being that instead you will lose your money and you may even begin to accuse the casino of cheating, even if an honest casino will never cheat as it can beat most gamblers anyway given enough time.

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May 06, 2024, 05:25:31 PM
 #568

Gamblers need to learn to keep their feet on the ground and avoid dreaming with their eyes open, without a doubt it would be great if we could make a big bet and win it with a big multiplier, this way we could get a lot of money with little effort, and while this may happen to a few people out there, this is not very likely, with the most common scenario being that instead you will lose your money and you may even begin to accuse the casino of cheating, even if an honest casino will never cheat as it can beat most gamblers anyway given enough time.

I agree with you. Never hope that you can win a jackpot or a big bet with a multiplier. The possibility is very small. Casinos must also have put together a system that works in their favor. This is not cheating but the casinos create a probability system that will be more in their favor. For example, you bet with a multiplier of up to 10 times your bet. Casinos definitely don't create odds of around 10% but they are definitely below that number.
Or in other words, this is the same as hunting for meme coins which have returns of up to 10 times. There are hundreds of new meme projects and don't expect to be lucky enough to get a good one in the early sales stages. I have seen many people lose money due to scam meme projects.

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swogerino
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May 06, 2024, 05:38:19 PM
 #569

Gamblers need to learn to keep their feet on the ground and avoid dreaming with their eyes open, without a doubt it would be great if we could make a big bet and win it with a big multiplier, this way we could get a lot of money with little effort, and while this may happen to a few people out there, this is not very likely, with the most common scenario being that instead you will lose your money and you may even begin to accuse the casino of cheating, even if an honest casino will never cheat as it can beat most gamblers anyway given enough time.

I agree with you. Never hope that you can win a jackpot or a big bet with a multiplier. The possibility is very small. Casinos must also have put together a system that works in their favor. This is not cheating but the casinos create a probability system that will be more in their favor. For example, you bet with a multiplier of up to 10 times your bet. Casinos definitely don't create odds of around 10% but they are definitely below that number.
Or in other words, this is the same as hunting for meme coins which have returns of up to 10 times. There are hundreds of new meme projects and don't expect to be lucky enough to get a good one in the early sales stages. I have seen many people lose money due to scam meme projects.

That is right that the chances are low but most gamblers play almost daily and they say the same in the chats of many well reputable casinos "keep grinding" meaning they are in trying to hit that huge multiplier and of course the higher the bet the better the payout of the jackpot or max win if they happen to hit it.I also think that the risks are much higher as 99.99% you don't hit a max win or jackpot so why bother in the first place.

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May 06, 2024, 05:43:32 PM
 #570

Everyone dreams of winning more. there more greedy people are in gambling, the more dangerous they are. Greed and emotion push people into risky investments, including gambling. If someone bet $0.2 and win 10x he will get $2 but our emotions won't accept it our greed will push us to bet $20 as if we win $200 but we never think that these are losses.  If we do we lose $20 instantly. this is our main problem. So our main focus should be controlling our emotions and greed
Gamblers need to learn to keep their feet on the ground and avoid dreaming with their eyes open, without a doubt it would be great if we could make a big bet and win it with a big multiplier, this way we could get a lot of money with little effort, and while this may happen to a few people out there, this is not very likely, with the most common scenario being that instead you will lose your money and you may even begin to accuse the casino of cheating, even if an honest casino will never cheat as it can beat most gamblers anyway given enough time.

That's the ultimate goal of most gamblers, to win big. However, this is quite a feat as it is hard to get your winnings if you are also not taking a risk. I guess, every gambler has that mindset at some point up until they realize there's a lot more to it other than just winning your game.

In the long run, we all know that casinos have house edge. So you are losing your mind if you believe that you can beat the casino by continuously playing your game. You will just incur financial troubles by doing so.

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May 07, 2024, 09:38:39 AM
 #571

~
Everyone dreams of winning more. there more greedy people are in gambling, the more dangerous they are. Greed and emotion push people into risky investments, including gambling. If someone bet $0.2 and win 10x he will get $2 but our emotions won't accept it our greed will push us to bet $20 as if we win $200 but we never think that these are losses.  If we do we lose $20 instantly. this is our main problem. So our main focus should be controlling our emotions and greed

The thing is that it's never just one bet. On slots it's minimum 15-20 spins, so, it's a $300-$400 loss just in the matter of couple minutes. Not many people can afford that. For those who want to just relax through their gambling activity I propose to focus on enjoying big multipliers on their bets instead of big wins money-wise. Don't make that mistake, guys, again and again, don't aim for making huge amounts of money and by no means try to achieve through increasing your bet size.

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May 09, 2024, 09:45:29 AM
 #572

Overconfidence actually cost me a lot, so I took my correction long time ago. I’m also take notes of my mistakes for me not to do it again I will always become and not be overconfidence, and not to take a very big risk. Let it just be a calculated one, because I decide to put a lot because of our confidence and I will technically lose it as I want to miss every time so I’m always careful and what I do to make sure that I don’t lose a lot it’s just still your life in other aspects it’s not good to give her confidence gambling in particular



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May 09, 2024, 09:58:05 AM
 #573

Overconfidence actually cost me a lot, so I took my correction long time ago. I’m also take notes of my mistakes for me not to do it again I will always become and not be overconfidence, and not to take a very big risk. Let it just be a calculated one, because I decide to put a lot because of our confidence and I will technically lose it as I want to miss every time so I’m always careful and what I do to make sure that I don’t lose a lot it’s just still your life in other aspects it’s not good to give her confidence gambling in particular
Basically people who gamble once or twice get addicted and their confidence doubles that they can win twice as much next time they double their bet in gambling many times it is seen that if luck is good they can win and Unlucky they all lose their money and return home empty handed. Confidence is definitely good for gambling but overconfidence is never good because many times it is seen that due to self belief they lose the amount of money they gamble and come back home empty handed then they become pretty much a mental disaster hence confidence. Be sure to think carefully before gambling. Day by day more and more people are getting addicted to gambling, this kind of addictive gambling will one day lead our society to a very bad situation and at the same time the families of people who are addicted to gambling will be in a very bad situation so everyone should stay away from this kind of gambling.

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May 09, 2024, 02:20:10 PM
 #574

Overconfidence actually cost me a lot, so I took my correction long time ago. I’m also take notes of my mistakes for me not to do it again I will always become and not be overconfidence, and not to take a very big risk. Let it just be a calculated one, because I decide to put a lot because of our confidence and I will technically lose it as I want to miss every time so I’m always careful and what I do to make sure that I don’t lose a lot it’s just still your life in other aspects it’s not good to give her confidence gambling in particular
Not just you but many people feels the same thing as you. They feels overconfidence to wins the gambling games and use much money because they thinks they can wins easily. They must awake to realizes that's difficult, even if they are pro gamblers because gambling is not for makes money but for having fun so they must use gambling as it's like. We make many mistakes but we must realizes and learn to fix the mistakes so we don't do the other mistakes because we already trying to prevents the mistakes. By always learning from what we gets in gambling, we will be wise when playing gambling so we don't lets the risks becomes bigger. We can be careful playing gambling and not use too much money because playing gambling can makes us forget to take care of ourselves.

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May 09, 2024, 02:40:09 PM
 #575

Basically people who gamble once or twice get addicted and their confidence doubles that they can win twice as much next time they double their bet in gambling many times it is seen that if luck is good they can win and Unlucky they all lose their money and return home empty handed. Confidence is definitely good for gambling but overconfidence is never good because many times it is seen that due to self belief they lose the amount of money they gamble and come back home empty handed then they become pretty much a mental disaster hence confidence. Be sure to think carefully before gambling. Day by day more and more people are getting addicted to gambling, this kind of addictive gambling will one day lead our society to a very bad situation and at the same time the families of people who are addicted to gambling will be in a very bad situation so everyone should stay away from this kind of gambling.

That's true, even if they only gamble once or twice, it doesn't rule out the possibility that they will become addicted to the many advertisements that are spread where gambling is said to be able to give them easy wins, it will make them think hard, whether they will stop or continue, however what will most likely happen is that they will return to risking their money on gambling. because who doesn't want profitable wins at gambling, obviously everyone, even those who are not gamblers, really want profitable things, especially with money.

Sometimes being too self-confident can actually get us into trouble, where it's like when we have won, but what we do is continue gambling, because we still feel we can get another win which might be bigger than what we already got, just with a sense of trust. Excessive self-control actually causes them to lose the victory they have already achieved. I agree with what you say, indeed we have to be able to think carefully about what we are going to do, rather than just making us regret it in the end, it is better to think about it first before acting.

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May 09, 2024, 04:53:44 PM
 #576

Gambling is a game of uncertainty and most times people believe that having faith that a game would play often gives them hope that it woudl play out fine and works for some person, over confidence might not be that bad unless you go to far to stake so high just because you think it must happen and that is wrong because its a game of luck and uncertainty.

Greed is a fools habit in gambling, why get greedy it's not your money although often times people tend to stake high because they want to win more and I prefer to say that not everyone that stakes high is greedy cause the rule is simple the more you stake the higher your win , and most people tend to follow that rule too much.

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May 09, 2024, 05:01:30 PM
 #577

Greed is a fools habit in gambling, why get greedy it's not your money although often times people tend to stake high because they want to win more and I prefer to say that not everyone that stakes high is greedy cause the rule is simple the more you stake the higher your win , and most people tend to follow that rule too much.
Basically, those who gamble once win money, they become addicted to that money and want to bet twice as much. Basically, those who win money once or twice by gambling, then they start thinking that if I won money once, then the next time I can win money, because of this overconfidence, they may lose money the next time, so they are financially damaged. Especially those who bet a small amount of money in gambling games and gain money by gambling and become the lord of greed and become destitute by taking double money lamps to gain double money, they suffer greatly financially and their families have to face many problems, so gambling is definitely harmful to people may be

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May 09, 2024, 05:49:15 PM
 #578

Especially those who bet a small amount of money in gambling games and gain money by gambling and become the lord of greed and become destitute by taking double money lamps to gain double money, they suffer greatly financially and their families have to face many problems, so gambling is definitely harmful to people may be
I think the statement is not complete, as it ought to have been "Gambling is definitely harmful to people who gambles with greed" and not who just gamble, because if greed is cut off, you will notice that there have been lots of people who through gambling have been able to afford the life of there dreams. Hence, making gambling a game to venture in when ready to take full responsibility of our actions. Because there will always be mistakes, but our ability to minimize it is what matters a lot from goointo bankruptcy.

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May 09, 2024, 05:55:16 PM
 #579

Chasing after losses instead of going after fun, so many gamblers have been found under this category whereby they fall under the category of those that are gambling all because they wanted to be involved among those they are making money from gambling instead of them having focus on fun, this will now make them to be chasing after losses and instead of them making to minimize the rate to which they are losing, they will rather compound to it because they wanted to win by all means even when it's not coming that same way.

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May 09, 2024, 06:02:04 PM
 #580

Chasing after losses instead of going after fun, so many gamblers have been found under this category whereby they fall under the category of those that are gambling all because they wanted to be involved among those they are making money from gambling instead of them having focus on fun, this will now make them to be chasing after losses and instead of them making to minimize the rate to which they are losing, they will rather compound to it because they wanted to win by all means even when it's not coming that same way.
That's a very weird move, gamble is a thing of fun so if a gambler is gambling because he thought that gamble is were or come and pack money without them losing them the gambler is getting it wrong. Gamble is a gamble of luck even if you are betting for fun or profits you can't win if you are not lucky. However it's very obvious that only few gamblers are gambling for fun while the rest are just there to make money. Chasing after loses is not a good idea because you will lose more than what you lost earlier.

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