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Author Topic: Do people truly risk their money on bets for profit?  (Read 1795 times)
Obari (OP)
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February 17, 2024, 01:57:06 AM
Last edit: February 17, 2024, 02:28:24 AM by Obari
 #1

I came across a recent topic where the op was saying over 80% of gamblers gamble to make money and I had to have a dip thought on that and was curious as to know if there are possibilities that people gamble just for the sake of answering the name gambler?
Nearly eighty percentage of the gamblers are doing gambling for the money making.
From my opinion, I think there isn’t any need to stake or risk one’s money on a game simply because you want to catch fun when you could simply not risk your money and still have fun while watching same game.
I don’t know if I’m really staying my points well but I wish to know if people really have to gamble without intentions of making money?

 
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February 17, 2024, 02:04:08 AM
 #2

The title is definitely not the right one. I think the better one is this.

"Do people truly risk their money on bets for profit?"

It's always going to be about making money and those "bets" just for fun are those who are just trying out gambling. I think that's the reason for people trying it but avid gamblers probably want to profit and not gamble just for fun. There's definitely intention IMO.

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February 17, 2024, 02:05:46 AM
 #3

Basically, we all have our own definitions of fun, even in the games that people play ordinarily where they can't earn real money from them. For the sake of fun, most people spend money on tools that will enable them to play video games, which, at the end of the day, they won't get any money from playing but rather derive only the satisfaction they get (fun) and spend their free time doing what they like. 
 
Using money to gamble is also part of the fun; losing is also part of the fun; and even winning is also part of the fun. If you are a gambler and you gamble all the time, win all the time, and you are certain you will always win all your games, and it happens that way, the level of excitement that each winning will give you will start to reduce the more you continue winning without losing any game and feeling the pain of losing.
 
Without going much further, I gladly tell you that both the fun and the potential winnings that could come from the game are the reasons why the gambling industry is booming today. The majority are there for what they could win out of it, and others are also there for the joy they derive from gambling.

 
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Oasisman
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February 17, 2024, 02:18:53 AM
 #4

From my opinion, I think there isn’t any need to stake or risk one’s money on a game simply because you want to catch fun when you could simply not risk your money and still have fun while watching same game.
I don’t know if I’m really staying my points well but I wish to know if people really have to gamble without intentions of making money?

Bets are what makes watching games become even more exciting rather than just watching it without betting just because you enjoy the game and it's your favorite one. That thrilling feeling you'll get on whether or not you're gonna win the bet is what makes your watching experience fun and exciting. But of course, that all depend on the person on how he wants to  enjoy the game. Some people doesn't like gambling and some does.
When a person wants to gamble, one of the primary intention is always to make money while having fun all at the same time. However, things could turn the other way around if luck doesn't want to choose your side.

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February 17, 2024, 02:24:56 AM
 #5

Some people risk gambling to make money, while others gamble just for fun. If you want to gamble, only use the money you can afford.
That is the key to gambling so you don't gamble too much. We know that gambling is only for fun and not to earn or make money.
If that had been our goal in gambling, we would not have used a lot of money. You can continue gambling as long as you can enjoy the gambling game sufficiently. But if not, you should start reducing your gambling activities.

Obari (OP)
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February 17, 2024, 02:26:05 AM
 #6

The title is definitely not the right one. I think the better one is this.

"Do people truly risk their money on bets for profit?"

Thought as much and thanks for the suggestion as most times, tittles are difficult to generate and that’s why I go straight to passing my message before getting a suitable title for it.

And I also agree with you that those who gamble for fun are those who are trying gambling out and not the other way round.

Basically, we all have our own definitions of fun, even in the games that people play ordinarily where they can't earn real money from them. For the sake of fun, most people spend money on tools that will enable them to play video games, which, at the end of the day, they won't get any money from playing but rather derive only the satisfaction they get (fun) and spend their free time doing what they like.

I get your point mate and I also agree with you that we all have our definitions of fun but in this context, we’re talking about betting and gambling and for anyone who sakes money on a game they can watch and still have fun without betting is solely doing so to earn money.


 
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February 17, 2024, 02:31:51 AM
 #7

^^
Most people are usually like that they gamble to make money and I think the percentage is greater than just for fun. This doesn't mean that people who enjoying gambling don't want to make a profit, but rather that they have fun while looking for a profit.
Actually, gambling can make money if you can use it well and use accurate skills, but yes, this is not easy because most people experience losses even though they have used their skills, so to be honest, most people bet to make money under the pretext of just having fun.
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February 17, 2024, 02:32:09 AM
 #8

The intention to make money will always be there but there's also the fun part where entertainment like sports will be enhanced because you put some money on the line.

Let's give it an example.
Watch a basketball game without any bet? Sure, it will be fun watching the game especially if you players lob the ball for an alley-oop dunk. That will be awesome.
Now try to put money for that team who will do the alley-oop. I bet you will jump on your seat not because of the talent they showed but because they made two points that will help you get near to win the bet that you made and it will also boost the energy of his teammates to play better.
The game becomes "great" from "good". I mean, if you are a fan of basketball it will always be a fun and entertaining game but adding some spice into it will change something. And that's sports gambling.
But don't misunderstood it, we do play for fun but we also have the goal to win, money comes first of course and that's why we try to analyze the game up to the smallest details to enhance that winning chance.

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February 17, 2024, 02:47:30 AM
 #9

I don’t know if I’m really staying my points well but I wish to know if people really have to gamble without intentions of making money?

I think most people gamble for money, not many gamble just for fun, especially if they gamble online

Nobody likes losing, this applies to anything, not just gambling. I think, although there are people who gamble for fun, they won't be happy if they lose. If he loses often, then he should stop gambling because there is no fun anymore, but if he continues to gamble then he is gambling for money, he is chasing his losses.

So I agree that most people gamble for money, not for fun. I think the figure is more than 80%, maybe more than 90% but this is just my opinion, I don't have any data

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February 17, 2024, 02:52:54 AM
 #10

I came across a recent topic where the op was saying over 80% of gamblers gamble to make money and I had to have a dip thought on that and was curious as to know if there are possibilities that people gamble just for the sake of answering the name gambler?
Nearly eighty percentage of the gamblers are doing gambling for the money making.
From my opinion, I think there isn’t any need to stake or risk one’s money on a game simply because you want to catch fun when you could simply not risk your money and still have fun while watching same game.
I don’t know if I’m really staying my points well but I wish to know if people really have to gamble without intentions of making money?

People can enjoy the game by just watching it (and not betting on it) or people can also get entertained by playing non-gambling games (that have even better graphics) but still people gamble and bet, why ? Because the intention is to make money through betting or i would say an easy money through betting.

The craze of gambling is so high because you do not have to do any hard work in order to gamble. Just you need to gamble or bet by putting your money and in case you win, you will get the easy money. This means that if you have money, you can bet. Money makes money.

However, the dark side of gambling is that it is risky and these 80% of the people who come to bet in order to make money, most of them usually only lose at the end of the day.

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February 17, 2024, 03:01:00 AM
 #11

Only rich people can afford these types of fun. For them betting is like another source of spending fun time. Yes but the middle class people cannot afford these. They gamble in order to earn some extra money and take huge risk in each and every step. So the reason of gambling can vary from people’s bank balances. Now regarding the question asked by the OP, then yes majority of the gamblers gamble in order to make profits in shorter period of time. Hence they risk their money on bets for profit.

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February 17, 2024, 03:20:32 AM
 #12

It would be wrong to say that they risk money greedily, but they usually risk money with the expectation of profit. Before gambling, our thoughts of greed come before our thoughts of profit. Every gambler decides to gamble thinking that they will make money by gambling.  That is, the objective of a gambler is to make money, after making a profit, when the gambler expects more from gambling and takes high risks in such gambling, then we can consider that as greed, but the next step of profit is greed. From our childhood we have come to know that excessive greed never gives us anything good, big excessive greed robs us of good things. In one gamble I won and won a lot of money but later gambled again with more money but the result is not likely to come in my favor still I took this risk only out of greed then how rational is it for me to take this risk. Before making these greedy decisions, we must think about how greedy we are and how much greed is right for us.

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February 17, 2024, 03:48:48 AM
 #13

Those are different kinds of fun. Watching a game without making a bet can be fun too, but it is not the kind of fun that one experiences when there's money at stake. There's not much adrenaline and the thrill is not as high if you're just watching.

If you're just watching a game, your team could just lose. You don't care as much. You won't lose anything anyway. But if you are betting on them. They have to win. You're risking something after all. You cheer much harder. You are more affected in a game where you have a bet than if you don't have. You will definitely celebrate more whenever your team makes a point if you have a stake than if you don't have.
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February 17, 2024, 03:54:17 AM
 #14

~Snip

I don’t know if I’m really staying my points well but I wish to know if people really have to gamble without intentions of making money?
In my opinion, every gambler always wants to make a profit in their gambling activities. Because this is the basic trigger why people want to gamble. Because if, for example, gambling does not have the potential to make money, then it is certain that not many people will enter the realm of gambling.
But even though we seek profits in gambling, we definitely still get pleasure. Whether it's from feelings or when hanging out with friends at a gambling place (offline). But what is clear is that gambling is fun. So here I will draw the conclusion that gambling can be as fun as it is now, namely because there is the potential to make a profit. So my answer is related to your question, mine is not.

Because if for example we gamble without any desire or intention to make money, then what do we want in gambling? because basically gamblers can have fun because they make a profit. So, for example, if you gamble without the intention or desire to make a profit, in my opinion gambling will be very empty. Because you don't have a clear goal. Even if, for example, you intend to gamble just for fun, I don't think it will satisfy or please you. You can try, and prove it.

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February 17, 2024, 04:27:34 AM
 #15

Most gamblers gamble their money for profit, and some for fun. Because not everyone expects money from their gambling, there are gamblers who think that gambling can make them feel the thrill of playing and it can improve their mood. They usually gamble with money they are prepared to lose and they don't care about winning or losing money - the most important thing is that they can feel the excitement of gambling, because gambling without money is no fun.

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February 17, 2024, 04:59:20 AM
 #16

If based on what actually happens then the answer is correct, most gamblers take risks by risking money for profit and this is the goal of most gamblers out there.
If it were not for the purpose of profit, it would be impossible for many gamblers to become addicted, experience financial problems and really think they could change their lives from gambling and not just about having fun because the percentage of gambling just for fun is still very small.
Moreover, it can be seen that every gambler wants profits and profits in gambling are one of the achievements they want and hope for, but they will get various problems if they prioritize profits alone.

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February 17, 2024, 05:22:23 AM
 #17

I don’t know if I’m really staying my points well but I wish to know if people really have to gamble without intentions of making money?

Gambling without using money is not gambling, period. Gambling is often talked about as entertainment or fun but without using money it would not be the same, the emotion of winning or losing is what makes it fun (as long as it is played responsibly, otherwise it can become a drama).

When people bet, everyone wants to win money, the problem is people who bet on non-skill games and think that they are a good way to earn money in the long term or people who play skill games without putting in the dedication, study and effort required to make money.

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February 17, 2024, 06:14:32 AM
 #18

It mostly varies on an individual's goal, but not everyone gambles just to make money. Although, many gambles to make money or for financial gain, while for some, they gamble just for fun and entertainment. There are also some gamblers play as a way of escape from their stress or simply socialize with others.
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February 17, 2024, 06:25:19 AM
 #19

I don’t know if I’m really staying my points well but I wish to know if people really have to gamble without intentions of making money?
If I gamble without zero intentions to make any money, they I should as well go fishing or go swimming. Whenever our monies is staked on something even if it we meant to have fun, we expect that we should at least win something. There is always. An intention to win and anyone who tells you otherwise isn't being honest with you.
Even when I use 1% of my income to gamble and thisnia money I can afford to lose, I still expect to win.

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February 17, 2024, 06:34:29 AM
 #20

Only rich people can afford these types of fun. For them betting is like another source of spending fun time. Yes but the middle class people cannot afford these. They gamble in order to earn some extra money and take huge risk in each and every step. So the reason of gambling can vary from people’s bank balances. Now regarding the question asked by the OP, then yes majority of the gamblers gamble in order to make profits in shorter period of time. Hence they risk their money on bets for profit.
I equally agree with you when privilege people use gambling as another source of spending fun time while less privileged takes betting has an alternative means of get more money, I strongly believe that almost 90% of gambler are gamble to make more money because some see it as free and easy money, only few of them work harder to get the money they use in playing game and those are the only ones that view it not to be free money because they know how they source the money they used, some of them don't work for the money they are using sometime they collect it from family and friends and I think the main purpose is to make more money from there,

R


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