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Author Topic: Gambling Wins: Your Money Was Returned to You.  (Read 1667 times)
Agbe (OP)
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February 19, 2024, 05:17:29 PM
Last edit: April 22, 2024, 05:26:29 PM by Agbe
Merited by rahmad2nd (1)
 #1

There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you.

And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people were lucky to win but they will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual gamblers.

And I don't think someone in the gambling industry as a win win gambling history, or your wins are bigger than the loss. And all the experiences I have in the gambling industry, I have not seen anyone win win and also those of my friends who are gamblers have not in any day have a win win gambling and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.



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Oshosondy
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February 19, 2024, 05:21:48 PM
 #2

When I was addicted, I lost money than I won. It was even a huge loss.

Later I do not gamble often. I can count the number of times I am gambling annually and not many at all. I only go for the games that I know I will most likely win. Because of this infrequently gambling, I make profit than loss.

But if you gamble frequently or not, just use the money that you can afford to lose to gamble and do not go more than your gambling budget which should be a small amount of money that you can afford to lose.

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Westinhome
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February 19, 2024, 05:24:13 PM
 #3

There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble.


The gambler who use the funds and make the money from the gambling site,so the extra money from the gambling site will be the profit for the gambler.How the gambling site will return the money loss in the gambling site,it mean the bonus given by the gambler in the last month.Some of the gambling site will give the bonus to the users in term of the same money used by the gambler in that site.


And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.

The gambler will have both the win and loss opportunities in the gambling site,the gamblers who want to make huge money in the gambling site should understand their game toward the profit will enable the emotional decision by the gamblers on that betting to the gambling site.
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February 19, 2024, 05:28:49 PM
 #4

In gambling, you win some, you lose some; not just in gambling alone but in life generally, so i don't think this is a problem for gamblers. The problem in gambling is when you gamble with an amount that you cannot afford to lose, or with money that should have been used for more important aspects of your life. As long as you gamble responsibly, you will find a good balance between what you win and what you lose, and you'll be just fine.

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Wiwo
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February 19, 2024, 05:30:35 PM
 #5

Some gamblers are lucky to hit a mega jackpot from their bets,  but the general experience of majority of the gamblers is the lose-lose-win experience,  this is when you lose more than you win,  I have experienced this many times in the past, sometimes when I win a good sum of money,  the following days I will lose almost everything even with the extra of my own funds.

This is the reason why we always advice on taking breaks when you are lucky to have hit the winning at first instance,  or you limit your gambling at any point be it in winning or losing strides.

What you should also know is that,  in gambling the house always wins and regardless of how much you think you have played,  you can't beat the house in most cases.



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February 19, 2024, 05:32:05 PM
 #6

In gambling, you win some, you lose some; not just in gambling alone but in life generally, so i don't think this is a problem for gamblers. The problem in gambling is when you gamble with an amount that you cannot afford to lose, or with money that should have been used for more important aspects of your life. As long as you gamble responsibly, you will find a good balance between what you win and what you lose, and you'll be just fine.

this is gambling, so it is very understandable that you will lose some, win some. and most of the time, you will lose more... Grin that is, if you don't know when to quit and you are still using your funds for your bills and other important things.

for a lot of long-time bettors or gamblers, more then likely, they are on the negative side of things. meaning, they have more losses rather than winnings. but guess what? they still continue to play because of the charm that the game brings to their life. the thrill, excitement, fun and much more. so it is not only about the possibility of winnings, but i believe, the fun itself can have influence to the gambler why a gambler stays on this addictive activity.

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February 19, 2024, 05:34:38 PM
 #7

There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble. And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.
Your argument might be true but it is not the whole truth because there might be some exceptions. This assumption is based on your personal opinion that you have gained from your personal experience or from your environment. There are many people who have won far more than what they have lost in casinos all through their lives as gamblers. Some person will big that exceeds what they will gamble in their lives if they gamble responsibly.

I also know many people that won their first bets but they don't reference or see gambling as a must-do. However, I will still agree with your point that most gamblers lose more than they win. I was in a physical betting shop for about two hours yesterday and from my observation, more people lost. But if you gamble responsibly you might not suffer uncontrollable losses.

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February 19, 2024, 05:40:21 PM
 #8

There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble. And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.
This has not always been the case for all gamblers the exception is that those with the higher losses to winning are of greater number.

As a gambler you have to calculate yourself how you carry on with your gambling and the amount of money you spend and the type of games or sports you bet on,  betting on sports games you are knowledgeable of gives you a good chance of having more wins than losses. People that frequently experience greater losses than the wins they make in gamble as mainly those that gamble in games they have no skill or good information on, even with luck you also need to be skillful at what you do in gambling.

For me I develop a way of dealing with the idea that am losing more than am winning in gamble by making sure that every winning I make I use a bigger portion of that money to get myself an item to always remind I got it through a win sometimes ago. As I don't record my wins and losses that's how I do to make myself not to think about the insignificant losses I make. I call it insignificant because am a responsible gambler I don't gamble beyond what I can afford to lose.



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February 19, 2024, 05:41:45 PM
 #9

That Is an assumption but it could be true and may not be true too.

From my perception, it's quite true because if I calculate how much I have lost while playing or gambling its either equal or higher than or even less than I have ever won. infact the assertion could be true because of the total number of people who must have experienced it.

From another sense of humor I can say it's not true because I have seen someone win always because she only depends on someone else bookie to gamble and most times because of the countless times she had won staked big and lucky her she had won severally and now I can say she has won more than loss. from this perspective it's not true.

We all have different experience so it's all depends on our experience.


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February 19, 2024, 05:49:06 PM
 #10

There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble. And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.

But this depends on what kind of gambling is up for discussion because while the theory that casinos want a player to win at first in order to lure him into gambling could be true for slot machines and other things like roulette, it would never be possible for people betting on sports. I have had this feeling when I played on poker sites and the session started very well and then out of a sudden my streak fell apart and I got destroyed nonstop by hands that were much worse than mine. I think it is quite normal then to come up with the idea that the system could be rigged. But this is not so much the case on the huge poker sites as they make their money from entry fees and rakes. But smaller poker sites with less deep prize pools would still have an incentive to make some extra by using a rigged system or bots or whatever they can do.

The timeframe is also important. if somebody says "I have won in gambling all the time" and the person gambled for a week, then it is of course possible. But if someone says they have been all the time and gambled on a regular basis for ten years, then that's bullshit.

I like gambling the most when someone can independently verify the outcome of a bet that was placed. But I think that fully registered and licensed casinos stick to the rules. They use third party providers and have the payouts to players set up front, which is why they don't really have an incentive to offer rig systems. I think they would rather try and keep a player on the site with bonuses tailored to their gambling habits. It's like always, the smaller the casino and the shorter they have been around, the riskier it is to get served with a perfectly fair system.
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February 19, 2024, 05:52:26 PM
 #11

There already are tons of gambling websites and casinos with more popping up everyday around the globe. This is because they are profitable, very profitable, and with the fact that their major source of revenue is your stake, with the only other one I can think of being ad revenue on their website, this means they are profiting off the players.

Majority of players lose everyday with only a few winning and they also structure the games to favor the house and put you at the disadvantage. Just gamble for fun and do not stake too much on it.

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February 19, 2024, 05:53:25 PM
 #12

There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble. And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.
Well, honestly there are gamblers who are in profit. It depends on your gambling habits; those who are in profit are either ones who won the jackpot or those which are often securing winnings. The idea behind this is consistency and inconsistency. Nothing's consistent in gambling; you won't win continuously but that also means you won't lose always. If you are able to manage your bankroll and wagers, then you could be in profit. The only instance you'd be permanently at loss if if you lose increasing amounts but if it is with the opposite such as being able to lower your bet after a win, or to be consistent in a way with the amount you are betting, then you could be in profit. There are factors which differs the idea; the game you are playing and overall efficiency as a gambler. With pure luck games, gambling consistently will put you in huge loss but with strategical gambling activities such as sports betting, you would only bet on times you are confident with the team or players you are interested with. Key to profit is management of funds, and control with emotions while gambling. This might not be evident to all gamblers but we cannot generalize that everyone has the same fate and fortune.

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February 19, 2024, 05:58:53 PM
Last edit: February 19, 2024, 06:12:34 PM by STT
 #13

I don't mind if the money is returned to me, I accept that exchange and revolving process as part of the game.   This is the illusion of the game, it always confuses me in poker to win the pot but of course alot of that money is my own anyway  Grin  Of course I hope to gain more then I lose but its naturally true that a large part of betting is just a continual revolution of money.    This is partly why its best to remove some of the money you win so that eventually it becomes obvious its time to come back another day not continue and lose the winnings too.   Set a time or budget or reduce the bet by this harvesting of winnings to guide yourself with a limit seems best.  I haven't the discipline to just gamble free reign and no limits or rules on myself when to stop, I think I would lose more this way because I would act more recklessly unrestricted.

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February 19, 2024, 05:59:30 PM
 #14

There already are tons of gambling websites and casinos with more popping up everyday around the globe. This is because they are profitable, very profitable, and with the fact that their major source of revenue is your stake, with the only other one I can think of being ad revenue on their website, this means they are profiting off the players.

Majority of players lose everyday with only a few winning and they also structure the games to favor the house and put you at the disadvantage. Just gamble for fun and do not stake too much on it.

- Jay -
The rise of gambling platforms doesn't mean that players are all profitable in gambling. Rather it is because casino owners see how many people are hooked up with the idea of earning profit from this industry and that is what they are taking advantage of. It would be much reasonable to say that more people are seeing the demand in gambling which makes them desire of being the provider than a consumer. House most of the time wins in the first place and knowing how many gambling sites are being born nowadays, is not a surprise.
There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble. And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.
Well, honestly there are gamblers who are in profit. It depends on your gambling habits; those who are in profit are either ones who won the jackpot or those which are often securing winnings. The idea behind this is consistency and inconsistency. Nothing's consistent in gambling; you won't win continuously but that also means you won't lose always. If you are able to manage your bankroll and wagers, then you could be in profit. The only instance you'd be permanently at loss if if you lose increasing amounts but if it is with the opposite such as being able to lower your bet after a win, or to be consistent in a way with the amount you are betting, then you could be in profit. There are factors which differs the idea; the game you are playing and overall efficiency as a gambler. With pure luck games, gambling consistently will put you in huge loss but with strategical gambling activities such as sports betting, you would only bet on times you are confident with the team or players you are interested with. Key to profit is management of funds, and control with emotions while gambling. This might not be evident to all gamblers but we cannot generalize that everyone has the same fate and fortune.
Yes there are, but we cannot set aside the fact that most of the gamblers are in loss, in the long run. There are just gamblers, as you have mentioned, which are lucky enough to win big amount of money. Those who won varies on the wy they handle their winnings. Those who will be eager to re-use the money in gambling are the ones ending to lose all of those which they earned.

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February 19, 2024, 06:03:45 PM
 #15

For people who didn't win in the end, this should be true.

But some gamblers won in the end. It just depends on who you talk to. Those pro gamblers became pros after several losses and wins and still, they continue to become a gambler and some of them even become poker celebrities and then more money was returned to them. Those who didn't become pro didn't make it.

Just don't try to be one of them, just be like the new converts who stop playing after realizing the odds always belong to the house.

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February 19, 2024, 06:08:12 PM
 #16

In gambling, you win some, you lose some; not just in gambling alone but in life generally, so i don't think this is a problem for gamblers.
In casinos, there is house edge. In bookies, there are unfavorable odds. These are what gambling sites are using to make their users to lose more. In life, there are things that you can do that will give you more chances to make profit, but gambling is not one of them. Gamblers are meant to lose more than win by nature.

The problem in gambling is when you gamble with an amount that you cannot afford to lose, or with money that should have been used for more important aspects of your life. As long as you gamble responsibly, you will find a good balance between what you win and what you lose, and you'll be just fine.
This is just it. Gamble with little amount of money. If you go for some bottles of beers and roasted meats, you do not see it as waste of money. People should see gambling like that. If they are not using it to have fun, they should stop gambling.

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February 19, 2024, 06:08:35 PM
 #17

And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.
I do not agree with the assertion. Infact the argument isn't based on logic but on sentiments. Look at it very well and you will simply see that those you make this assertion are indirectly promoting chasing losses. Because if you feel that your eventual win after a series of losses was is part of the losses then you are encouraging the gambler to keep gambling even if they are experiencing a loss because in the end, they will recover their losses through a win.

Please gamble responsibly. Gambling addiction is real and it comes gently on the gambler until they are hooked and it becomes difficult for them to quit.

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February 19, 2024, 06:14:21 PM
 #18

There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble. And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.
Every gambler has his/her own gambling losses and that's not normal when someone who would claim that he/she has never lost any single bet at all.

If totaling all of the lost money that a gambler has, even the won amount can be said that's still part of your losses if you're not yet in profit or you just break even.

So that matter depends on how much you really have got and that's how you're going to make yourself comfortable with those losses that you're trying to recover and if you'll count everything.

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February 19, 2024, 06:24:26 PM
 #19

it sounds so simple like you are just depositing some coins and getting them back when you win. idk

we're already used to seeing casinos winning all the time as the odds always be with the house. not any of them wants to lose actually so it doesn't make sense. if you mean you got lucky and won a few of your money back then yes sure but they are not returned as you won then back in fact if you lose again, they are getting more from you.

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February 19, 2024, 06:43:11 PM
 #20

I lost more money on crypto than I made. I considered it a lottery, maybe i hit the right coin sometime, but most likely I will end in the red.
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