Gambling Wins: Your Money Was Returned to You.

[topbitcoin]

If you think about it, it's like that because "the chances of losing are always greater than winning". So, whether we realize it or not, the wins we achieve in each gambling session we play are only a replacement for some of the losses we experienced previously. and for people who have been in the world of gambling for quite a long time, of course they really feel this, except for those who are lucky enough and are able to make big wins in almost every gambling session they do, but this is quite impossible.
 
Meanwhile, when talking about winning or losing in gambling, it is a common thing, and I consider winning to be a mere possibility and defeat to be a certainty. While the financial risk that I experienced, I consider it to be a fair price that I have to pay to get the pleasure and sensation that comes with every gambling session that I do. Because I think, so far I have only bet a fairly reasonable amount and I feel ready to lose it. So there is no regret at all if at the end of the game I have to lose.

And for those who are quite doubtful about what the OP said, if you still remember the budget you spent from the first time you gambled until now, and calculate all these expenses and then compare them with all your winnings while gambling. And look at the results, is it compatible or not?
I have done this and the result is that the gambling I did only resulted in financial losses.

[arimamib]

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.

It depends on the gambler. A chronic gambler easily forgets his losses and rejoices when he wins. He is fixated on winning and forgets the amount of money he lost he never calculates his losses all he cares about is his winnings he knows the amount that he wins but has no idea of his losses. A responsible gambler knows this fact, which is why he keeps it as additional bankroll for his next session.

This is a critical distinction between a chronic gambler and a responsible gambler. The chronic gambler is often consumed by the excitement of winning that leads them to overlook or downplay their losses. This mindset can perpetuate a dangerous cycle of chasing wins and ignoring the negative financial consequences.

In contrast, a responsible gambler recognizes the importance of keeping track of both wins and losses. They can make informed decisions about their gambling habits by maintaining a clear understanding of their financial standing. This includes setting limits on how much they are willing to wager and being mindful of their overall financial health. Responsible gambler using winnings as additional bankroll for future sessions is a prudent approach to gambling. By reinvesting winnings strategically, they can mitigate the risk of excessive losses and prolong their enjoyment of the activity without risking financial ruin.

[Saisher]

When it comes to winning and losing percentages coming from a gambler's stat the casino gets the bigger share of the gambler's bankroll, casinos are a profit-driven platform and they have a so-called legal system called house edge to beat the gambler legally, so if you win a huge amount check your stats and you will be disappointed to find out that you did not even regain what you put in in the casino, but if you enjoy playing, then you can say that at least you enjoy the game.
That's the best consolation you can get from casinos is you enjoy playing on it.

[lienfaye]

I'm a gambler for years already and aware of the fact that I had so many losses more than a winning moments. That being said, i'm not in profit but still chose to continue playing (though not often). My point is, yes it might be true that your few wins are just part of your many losses but what did you get in return? Because satisfaction everytime you play is crucial since this can minimize the bad effect of losing your money. As long as you are entertained and satisfied then I think you should not regret even you lose. Moreover, it is your decision to play even gambling is a game of luck and risky.

Anyway, casino is a business so they can't continue to operate if they are not in profit. Thus, it's not surprising if majority of gamblers are losing their money instead of gaining. This is a fact that every gamblers should know. If you can't bear losing your money since that's very likely, then refrain from playing and spend your money in something else that you won't regret.

[robelneo]

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.

Go check your stats and ask your friends' stats and all the people you know who gamble, if you and your friends are honest then you'll find out that all of them are true, because gambling is not an investment platform, where you expect profits, it is an entertainment platform where it brings you entertainment on all the games they offer to you, so it's true, I hate to say it's like a compliment for playing in their platform but don't stop the fact from enjoying your winning you deserve to enjoy your luck not every day you are hit by luck and win.

[Natsuu]

Well some people think that when you win in gambling, it's just the casino giving back what you lost before. There's this idea that they want to hook you in by letting you win at the start. While some people hit it big on their first day, others especially regular gamblers often talk about losing more than winning haha It's like a cycle where the wins might just be covering the losses. The whole thing gets even trickier with casinos promoting those early success stories to draw in new players. So whether it's a legit win or just paying back losses is a bit of a gamble itself

[klidex]

I seem to agree with you because of the facts that I have seen so far in the world of gambling, they will continue to experience losses. Even though they won, it was their own money, which was previously the money they had lost due to losses and that may only be part of it and not all of it, if they win again it is still their own money, so there is Some people who haven't experienced a profit if they are able to realize it sooner. Especially if they calculate the total of every bet they play, of course they can see for themselves how much they have experienced losses compared to their wins which they have always been proud of when they win.

And there are also beginner gamblers who get their first win even though they haven't spent much money gambling and this can be said to be luck, but there are also some casinos that are specifically designed to give wins to beginners, there are also those that provide bonuses and that aim to attract interest beginner gamblers should continues to gamble on the site, so the casino is very happy if beginners are attracted by the promotions they run.

[Oasisman]

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.

I think that part of money you lost before that the casino has returned to you is like a promotion from them and I don't think every online casino has this kind of promotion. Some promo with new accounts are additional roll or additional certain percentage from the first deposit you make in the platform. I'm not quite sure if there casinos who can do both, If a casino return part of your losses, there might a certain consideration before someone can be illegible to receive one and I think that promotion is only available for those people who reach certain amount of total bets since the creation of the account. I think some casinos do this every year as a birthday gift, but then again it is only available for those who make huge bets.

[Poker Player]

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.

If people really understood concepts like House Edge or EV they wouldn't ask these questions. It all comes down to being clear about the difference between long term and short term. In the short term, what can happen to you in an individual session is that you can win money (as well as lose it), but with enough long term, with a large enough number of plays the probability of you winning money (taking into account the total money wagered versus the total money won in all sessions) is getting closer and closer to 0.

[yahoo62278]

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.

Most likely overall most gamblers are negative in profit. There are a few that are in profit, but if they keep gambling they will probably end up in the negative. Regardless of whether you are in profit overall or not, you should enjoy the wins when you get them, they're not going to happen everytime.

[shield132]

Most likely overall most gamblers are negative in profit. There are a few that are in profit, but if they keep gambling they will probably end up in the negative. Regardless of whether you are in profit overall or not, you should enjoy the wins when you get them, they're not going to happen everytime.

Gambling requires luck, so some profit and some lose. Btw I often visit bustabit.com and check their leaderboard. It's insane how much some people have profited. There is a guy called KLITZ that is in the profit of 468 Bitcoins. He was gambling in 2018, when the price was around 5-10K but it's still amazing profit, he became a multi-millionaire. There is also a guy who is in loss of 1,278 Bitcoins but I can't check his activity.
I remember in 2016 when I was gambling on bustabit too there were many guys who were gambling 24/7 with small satoshis but a high multiplier. Probably some strategies work long-term on bustabit and crash games but in overall, it's not a good idea to keep doing it long-term if you want to keep the profit.

[yahoo62278]

Most likely overall most gamblers are negative in profit. There are a few that are in profit, but if they keep gambling they will probably end up in the negative. Regardless of whether you are in profit overall or not, you should enjoy the wins when you get them, they're not going to happen everytime.

Gambling requires luck, so some profit and some lose. Btw I often visit bustabit.com and check their leaderboard. It's insane how much some people have profited. There is a guy called KLITZ that is in the profit of 468 Bitcoins. He was gambling in 2018, when the price was around 5-10K but it's still amazing profit, he became a multi-millionaire. There is also a guy who is in loss of 1,278 Bitcoins but I can't check his activity.
I remember in 2016 when I was gambling on bustabit too there were many guys who were gambling 24/7 with small satoshis but a high multiplier. Probably some strategies work long-term on bustabit and crash games but in overall, it's not a good idea to keep doing it long-term if you want to keep the profit.

It's not impossible to win a shitload on any game. I was up 177 btc at 1 point on bustadice. Started with .05btc and got some super big wins. Overall I'm up lifetime in gambling, but I guarantee less than 10% of gamblers are.

[Hewlet]

And all the ones I have seen and known, the losses 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.

looking at the argument from a logical point of view, casino owner establish their site just because they want to make a profit and how else can they make this profit if not from the losses of people? It might be from your loss or that of others but at the end of the day the money gamblers use in the process of gambling is what they end up winning at the end of the day.

People sometimes become lucky to experience some wins during their first moment of gambling which encourages them to continue gambling in the long run but at the end of the day, they will still lose their money which will be used to pay for the wins of others.

Imagine their is more win than losses in a casino gambling? Would the company still remain financially strong enough to continue in running the site? It's literally a gambling adventure that's happening between the owners of the gambling site and the person involved in the process of gambling.  If you win or not, someone always gains at the end of the day. So it's a win win situation for the both parties where each parties win depict the loss of others.

[Kliss]

It's like a cycle in gambling winning might just be getting back your losses. This is a common belief that's in gambling wins often compensate from previous losses, that's is how casino and others intend to make their profits because the amount of loss on daily basis is higher than winning percentage on daily basis. There are only few individual who their winning percentage is higher than their loss this might have stemed up by large wins or frequent wins, and this is the actual target of a gambler to loose but win big when the chances arises.The reason the lost is not felt it is because sticking to a low budget help manage losses and gambling with money you can afford to loose. The target is just to win big or win frequently but in doing so there person who might not win, some might win little, some might win huge.

[Odohu]

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.

I do not believe this statement and there is no data to substantiate it. How will this even be possible when many gamblers that I know including myself was drawn into gambling because of winning my very first bet? Yes, my first ever gamble was a X150 win and that was how I started gambling till date.

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.

Are you therefore suggesting that there is no way to win the casinos? Assuming you could point us to any data to validate these claims, then it would have made more sense rather than this emotional statements that depicts gambling as a way of throwing money away. As much as I know, people do win casinos, without which there will not be any business. The fast growth experience across the various casinos is linked to a balance of business between casino owners and the users even though the system is arguably designed to favor the casinos more.

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 is not true and can never be true. I know a lot of people that became wealthy by winning jackpot in the amount that supersede what they could possibly deposit into casinos.

[Su-asa]

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.

Actually it's true because many have lost enough money and haven't win even little that we will say they are winning and others that's new win in their first season they know about bet. IMO it's not winning because the casino will always take the money back from them with just a little time, when you win below 10 million naira you shouldn't be much happy because you will eventually gamble with it another time and when you don't use your winning wisely you will still give all the winnings to the casino, that means you haven't won any bet but you just used the littlest opportunity to bring yourselves more to betting.
If you by any chance win on your first day at gamble and you didn't use the money to acquire important thing (more like physical properties) you will definitely give it back to the betting company.

[angrybirdy]

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.

Can we say that we have a balance between winning and losing a game? I'm not used to check or track my gambling activities, so I'm not sure if I win a lot or not. As you said, this is not an issue to a gambler because everyone is accustomed to when it comes to gambling that we don't get just winning, there is always that defeat. to be honest, I can't focus on my game if I'm constantly watching every move that I've done. As long as I manage my finances and betting strategy, I have no problem whether I win or lose. I just need to stick to the budget I have allocated for gambling so that I don't run out of money.

[Zigabel]

Go check your stats and ask your friends' stats and all the people you know who gamble, if you and your friends are honest then you'll find out that all of them are true, because gambling is not an investment platform, where you expect profits, it is an entertainment platform where it brings you entertainment on all the games they offer to you, so it's true, I hate to say it's like a compliment for playing in their platform but don't stop the fact from enjoying your winning you deserve to enjoy your luck not every day you are hit by luck and win.

This mindset is what most of these gamblers do not have and that's why they would want to embark on a recovery Mission when ever the loose a single game because they feel it's a money making platform so if they loose money, the next move will be to make back such money meanwhile they forget they were supposed to seek entertainment on the platform and then let go of every other activities in the platform but because the little rewards they get do the entertainment is now been seen as something they could use as an opportunity to make money, they keep going beyond their limit to make things even difficult for their selves.

If only they have the mindset of just having fun and probably getting entertainment, they may just leave their losses as the price they paid to get fun and probably move on because if they get back to chase that loss they probably lose even more.

[leonair]

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.

Yes there is logic in your words. not only in gambling but also in trading, business and in all cases one can not only benefit but also have to lose. So you should invest the amount of effort or investment that you can afford to lose in things that are risky.  Then you will see that your life is very easy and you will not face danger in life. Gambling gives us a lot of fun but it also makes us addicted to it which has a lot of effect on our financial condition.  So always gamble the amount that allows you to keep control over yourself

[Crypt0Gore]

The process of losing funds over and over is where many people lose themselves, they get tired along the way, it could be a long process before you win some money and even if you win, the amount might not be up to how much you have risked on gambling, this is why you need to always risk very little amount of your money on gambling.

There is no how you won't lose money, but lasting longer is the main process to winning, if the money is very far affordable for you, then you can continue to try again and again for a long period of time before you finally hit your win, but if you have risk too high amount of money, you will hate yourself if the expected result isn't happening in a short period of time.

For some people it's easy to say that they only get what they used to gamble back, and some are so unlucky that they will never make what they have risk in gambling back again, but the safety part is staying withing your capacity, don't risk more than you can afford to lose.