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Author Topic: Do people truly risk their money on bets for profit?  (Read 1795 times)
Shamm
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February 17, 2024, 03:13:22 PM
 #61

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.

Technically speaking human want to enjoy every life. So even a gambler or not we seek some fun but most of us  saw their fun in gambling which is pretty sure around the world most people know already in gambling but we have different ways to handle it. Cause some of us are aiming for the profit and risk some of Their money  In order to have some profits but some us are gamble just for fun only one there's no wrong if they are loss or win as long as they felt happy on what they do then that's okay.  And nowadys gambling industry are getting bigger and bigger.
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February 17, 2024, 03:17:15 PM
 #62

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?
The fun experience and trill that comes with watching a game that you have bet on, is always very different compared to that that comes with watching a sports match you have no bet on.
In other words, what I am saying is that, the fun and excitement from games we bet on is far much more different than the fun and excitement that comes with games we have no bet on.

So by the above, it's easy to understand why most people or gamblers place bets, and still go on to watch the match, this sometimes might not have anything to do with the money they stand to make if their bet won,. Or the money they lose if their bet loss, but overly, most people stil gamble for the sake of making profit, and not particularly for the fun experienced in doing so.

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Juse14
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February 17, 2024, 03:38:51 PM
 #63

I have been gambling for quite a long time, and until now the gambling I have done has not produced any financial profit at all, in fact I am the one who continuously spends my budget to continue gambling and trying to enjoy it. . And it turns out that when gambling is not managed well, let alone being able to gain financial benefits, getting pleasure from playing can sometimes be quite difficult. because when gambling exceeds a person's readiness limit to lose the amount of money at stake. The possibility that gambling will only cause losses and regrets can make me a little frustrated.

And my message is, gamble wisely and within reasonable limits, gambling is not a way to make money but gambling is a way to throw away our money for nothing. Therefore, control your gambling as best as possible, so that you don't experience what I experienced, namely experiencing losses that I was not ready to bear. And I am currently still trying to manage the gambling that I do as well and wisely as possible.

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Fight2W
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February 17, 2024, 03:41:28 PM
 #64

I recently staked some FUN, so whenever I wanna bet now, I try to do so in accordance to the calculation I made, allowing for the worst possible scenario to be the break-even one, after I get my earnings from staking. Been working so far and I'm even in plus since I managed to hit a few parlays, I just pray the streak can be maintained. 
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February 17, 2024, 03:50:54 PM
 #65

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?
There could be a side of 'fun' in relation with thrilling experience. Some sort of how adrenaline works to some people. A sensation of overcoming something which made you feel nervous and that could be another side of gambling which entertains people. However, if it is for a particular thing which pushes people to gamble then it is for sure profit. Correct analogy, why would someone bet for fun only if there are other ways to be entertained? Activities to enjoy? Profit distinguishes gambling from other activities. Unfortunately, this is also the reason why many gamblers are getting addicted into it.

Is there someone who doesn't want to get rich? It happened that such feat could be given or earned from gambling activities but no matter how you look at it, that's just a tendency and will never be guaranteed no matter what strategy you are using. It would only be determined by your luck and chance. People are way too hopeful with gambling which makes them disregard the possibility of losing.

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February 17, 2024, 04:14:56 PM
 #66

If not risking the money for profit, then what else is it for? Only few people play for fun and even those few gamblers in this category still play with the hope of making profit too, but the difference here is that they are not wholly dependent on the profits they will make from gambling to survive but are good with whatever result that they get, win or not.

 
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the rise
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February 17, 2024, 04:28:15 PM
 #67

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?
Of course, almost everyone wants to make a profit from gambling games, but you need to know that to have fun, you don't just waste money on it, but if we lose, we don't get carried away and we get satisfaction in the game, meaning that we don't have to focus. in winning which causes us to waste too much money, just for the sake of winning, do it with pleasure if you are not lucky at least you will get satisfaction

qwertyup23
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February 17, 2024, 04:32:00 PM
 #68

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.

I agree with your statement.

I also think that the title is misleading as the thread focuses more on the risks that are associated with gambling using their respective funds.

Anyway going back to the topic, it really depends on the perspective of the person on how he/she views gambling as an activity or as a money-making venture. Naturally, people who view it as a form of entertainment has more control over their emotions as they are not compelled to make any profit.

Regardless of the situation, whether they win or they lose, what matters is that gambling satisfies their urge to feel the adrenaline. On the other hand, if a person sees gambling in order to make extra income, then they are necessarily compelled to win. There is this pressure for them to make a profit which somehow landslides to a series of bets until they incur a profit.

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February 17, 2024, 04:32:58 PM
 #69

If not risking the money for profit, then what else is it for? Only few people play for fun and even those few gamblers in this category still play with the hope of making profit too, but the difference here is that they are not wholly dependent on the profits they will make from gambling to survive but are good with whatever result that they get, win or not.
Many gamblers are being thrilled if they will bet more, and they are also having fun with it while risking their money. I think those who say that they gamble for fun are still in denial that they are into gambling. Well, if you can’t afford the risk then push it because you can be broke and you might regret it, just gamble what you can afford to lose then you can still feel that excitement even if you lose money.

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February 17, 2024, 04:36:49 PM
 #70

You're a hypocrite if it never crossed your mind to make money off of gambling.

Most of the gamblers I know are in it for the money, and not for the entertainment that other people seek. It's possibly because they saw other people making money off it, and they want to be in a similar position to escape their boring day jobs or just make money doing something that they think is easy.

They truly risk their money, in the false hopes of making more than what they originally staked for.
Perfectly said and a lot of people also have to shy away from the truth that no matter how much fun and entertainment they claim to have, without winning, the entertainment and fun isn’t complete and to me, I believe the true fun and entertainment in gambling comes when there is a win.
Most times, most people don’t really feel it when they loss a bet but maybe that’s because they have more than enough and they also staked only the amount they can afford to loss and that’s why it is always advisable to gamble with only the amount we can afford to loss and not chase after this losses when they come.

N/B : There is fun in gambling but I think this fun is more when the winning is also more.

 
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February 17, 2024, 05:11:39 PM
 #71

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.
The gambling industry have been able to ride on the growing gambling trend coupled with the use of famous people for their adverts. People sure have a lot of fun when they gamble or place a bet. Anyone who has ever had a conversation with another gambler about their bet slips would know what I am talking about. And the fun is even visible when they are watching the game they bet on. The thought of a potential win is mentally and emotionally stimulating so that even if there is a loss, they would still want to place another bet again.

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.
You have put it very well. There will always a higher percentage of gamblers who do it for the money rather than for the fun of it. If you look at those who are compulsive gamblers, you will see that those people are they who are more focused on the money-making aspect of it than on the fun part. In this group of people, there is an overlap of gambling to make money and gambling for fun.

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mirakal
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February 17, 2024, 05:17:47 PM
 #72

When you bet, you are already risking your money since the outcome is not under your control. It's a guessing game; when you are correct, you'll make money, and if you are wrong, you'll lose money. I don't think we are talking about profit here since that word is typically used by serious gamblers who take a long-term approach. The appropriate term for what we practice is to win, and most of those are just short-term wins. Regardless, we are still happy when we win, and we don't account for our previous losses anymore since we are just gambling for fun, at least for most of us.

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dimonstration
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Dimon69


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February 17, 2024, 05:27:15 PM
 #73

When you bet, you are already risking your money since the outcome is not under your control. It's a guessing game; when you are correct, you'll make money, and if you are wrong, you'll lose money. I don't think we are talking about profit here since that word is typically used by serious gamblers who take a long-term approach. The appropriate term for what we practice is to win, and most of those are just short-term wins. Regardless, we are still happy when we win, and we don't account for our previous losses anymore since we are just gambling for fun, at least for most of us.

Profit or win is just a term to describe that your bankroll increase. It depends on your perspective to set a distinction on both words but they are the same to me. You will get profit when you win or you win because you are in profit. They are connected to each other in a sense.

I think the OP is describing whether there is player that gambling that doesn’t consider winning/to gain profit when gambling which I find it very rare unless the gambler is a billionaire that already have sufficient money but we all know that human has no limit when it comes to earnings.  Cheesy
Wakate
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February 17, 2024, 05:34:34 PM
 #74

I recently staked some FUN, so whenever I wanna bet now, I try to do so in accordance to the calculation I made, allowing for the worst possible scenario to be the break-even one, after I get my earnings from staking. Been working so far and I'm even in plus since I managed to hit a few parlays, I just pray the streak can be maintained. 
Everything about gambling is risky whether we are aware about that not. Since risk is involved then we must be very conscious our we bet so that we don't use all our funds to bet and end up losing big as a result of carelessness. Many GG gamblers have the ideology of using small amount of what they have to bet so that they can win more with time and sometimes things might not come our way the ways we we expected it that is why we must always keep extra funds ina safe place so that if we don't win, we can use the remaining money to go get ourselves something chill and relax for the day preparing for yet another time to gamble.
Gambling need to be flexible or else we would be making mistakes over and over again without getting a good result.

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.Duelbits.
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Zigabel
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February 17, 2024, 05:50:00 PM
 #75

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?
No gambler risk money just to be known as a gambler, they all gamble with the aim of winning or have fun or more likely to be seen as entertainment as many others may have it to say, if you are gambling just to be referred to as a gambler the. I think you don't ha e a good reason why you are gambling as it will seem to me like you are just acting on peer pressure which shouldn't be, you should gamble for a reason if you must and such reason should mostly be that you intended to make money gambling or you are going to be gambling just to get entertainment.

There are people who actually gamble without the intention to make money but I don't think there's any who gambles with the intention to just gamble and not to make money or even have fun at least.

Dr.Bitcoin_Strange
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February 17, 2024, 07:05:07 PM
 #76

I am not sure to say that it's about 80% of gamblers that have taken gambling as a means of earning money, but I am quite sure that there are a high number of gamblers who handle gambling as a side hustle, a definite way of making money and supporting their financial lives.

If you remember vividly about a thread I created some months ago where my friend requested that I teach her gambling so that she can start to earn money, To her, she already believes that gambling is a way to earn money without realizing the losses that come with it. I also wondered how people who taught her that gambling was a means of earning money would handle their gambling lifestyle. 

I don't dispute the fact that gambling doesn't also give us the opportunity to win some money while gambling and having fun, but the truth is that gambling is not a sustainable way of making income because it can be addictive and can cause someone to lose money unnecessarily. 

I have seen some people gamble at all times, specifically for the purpose of making money, and I have also seen people who gamble only on occasions for the purpose of having fun. It all depends on what the person wants. 

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len01
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February 17, 2024, 07:18:22 PM
 #77

It is difficult to define whether it is true that most gamblers only gamble to make a profit or make extra money whereas until now there has been no confirmed statistics that 80% is true.

from my opinion, even though we gamble just to have fun, like playing video games, but of course we want to win in every game and it's impossible if we play video games, we only want to accept defeat and on the one hand, we gamble using money and what is it when gamblers who are having fun want to getting a win is also a gambler who wants to make money?
well, from here I say my opinion that there is no hypocrisy in gambling because all gamblers want to win even if it's just for fun, but that doesn't mean they can be considered as gamblers who want profit.
and I think no one wants to lose money quickly so gamblers who have fun definitely also want to win at least a few times in each spin.

In conclusion, not all gamblers bet for profit but all gamblers want small wins to maintain their budget.

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Lorence.xD
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February 17, 2024, 07:22:06 PM
 #78

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?
No gambler risk money just to be known as a gambler, they all gamble with the aim of winning or have fun or more likely to be seen as entertainment as many others may have it to say, if you are gambling just to be referred to as a gambler the. I think you don't ha e a good reason why you are gambling as it will seem to me like you are just acting on peer pressure which shouldn't be, you should gamble for a reason if you must and such reason should mostly be that you intended to make money gambling or you are going to be gambling just to get entertainment.

There are people who actually gamble without the intention to make money but I don't think there's any who gambles with the intention to just gamble and not to make money or even have fun at least.
Of course there's no such gambler. You are doing everything for a reason and if it is with gambling then it could either be for entertainment or profit purposes, or a combination of two. Rich individuals are more often to be ones who are just killing time in this industry. They could lose big amounts for us but for them, those are tolerable.   And there are gamblers who are seeking to win big amount to get rich or to have a better life but that won't happen easily as we are all aware of. On the other hand, people or gamblers who are here for fun and profit are the ideal ones. They would bet decent amounts with limitations. They want to earn profit indeed but have never though of becoming rich just because of gambling.

There's really nothing wrong of any purpose you are having as long as you are not being problematic of your gambling career. There'll be times you are winning and times you would lose. If you manage to accept this concept then it is not impossible for you to balance your gambling habits and expenses, which should be everyone's practice especially for the new ones out there.

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February 17, 2024, 07:28:23 PM
 #79

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.
If they don't stake or risk their money, the game isn't going to be fun anymore. The fun consists in risking money, because it plays with variables and impacting outcomes for their lives. If there isn't money at stake, to lose or win won't make any difference at all, as it's not going provoke consequences, therefore, thrill, excitement and adrenaline won't be felt by the gambler.

A similar example could be a competition where there aren't winners or losers, and everyone gets a trophy in the end. For that reason, competition's members won't feel motivated to do their best on the tasks required, neither will feel proud of themselves or excited about the results in the end. Probably they won't even want to participate again in future competitions.

The possibility of being rewarded, while most lose, and standing out among the crowds always awake the pride and vanity of human beings. It feels like being special and unique. That is how gambling affects your mood positively when you win.

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February 17, 2024, 07:30:40 PM
 #80

Technically speaking human want to enjoy every life. So even a gambler or not we seek some fun but most of us  saw their fun in gambling which is pretty sure around the world most people know already in gambling but we have different ways to handle it. Cause some of us are aiming for the profit and risk some of Their money  In order to have some profits but some us are gamble just for fun only one there's no wrong if they are loss or win as long as they felt happy on what they do then that's okay.  And nowadys gambling industry are getting bigger and bigger.
Handling fun around gambling is something most persons have got different approach to, they have their way with which they see gambling in the sense of  fun or entertainment, some persons see it as a way of showing support to their team while having fun and the others see it as proving they are good with such predictions.

The gambling industry will definitely get even much more bigger than it is now because they are getting new customers daily so it's not a problem for them to actually grow, if they weren't getting enough customers as they should then it could be possible that they will not get as big as they are getting in recent times. Gambling is actually supposed to be for fun and not aimed at Making money but then its turned out that making money is now like the primary reason most persons gamble

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