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Author Topic: Do the juice Worth the squeeze?  (Read 963 times)
Onyeeze
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March 13, 2024, 09:53:37 PM
 #21

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

anyone who is a gambler also know the rules and the regulation of gambling and when gambling you have to know that two things are involved in gambling neither you win or you lose in gambling so that is the things that is involved, that is why they said gambling is not meant for children it is only the adult that's supposed to pertake in gambling, because I know quite well that gambling is made of a bricks measure and it is a 50/50 kind of, in which I know quite well if you profit in gambling or not so therefore we should know that making money in gambling is at higher risk so we should not depend on gambling or divert our investment money to gambling

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March 13, 2024, 09:54:13 PM
 #22

The main reason I gamble and bet is just to look for sensation and pleasure, but I have to admit that as time goes by this habit starts to change a little and my heart tells me that gambling is for profit. and we always hope for these benefits. However, instead of making a profit, the gambling that I do only causes losses and losses, and indeed if it is not managed well then the gambling activities that we do will only drain the contents of our wallet. We want to get away from this activity, but it seems quite difficult for us to let go of this activity from our daily lives. In the end, we can only try to manage this gambling activity as best as possible, so as not to cause losses in the long term. as well as other negative impacts that will not only harm yourself but also others.

And gambling is not a place to make a profit but rather it is a place to spend the money we have. And even though this is a little contradictory to what I said in the first paragraph, in fact that's what it is, where we bet on something we're not sure we'll get, and then regret it.

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Die_empty
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March 13, 2024, 09:58:57 PM
 #23

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

I don't understand the point that the fund you use for gambling is your capital. Do you mean you are using the capital of your business for gambling? Or do you see gambling as an investment where you put in a large capital? Gambling is worth the money and time I assign to it because they are just a small part of my resources. I don't spend much time gambling and I gamble with a small portion of my funds. I will not certainly say that I have made gains from my bets this year but the truth is I have also been entertained. If you perceive gambling as an investment it will lead you to gamble more than you can afford to lose and you could start engaging in loss chasing which could ultimately lead to addiction.

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March 13, 2024, 09:59:27 PM
Last edit: March 14, 2024, 01:20:00 AM by Sandra_hakeem
 #24

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.
Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?
infact, the chances are not 50/50 man ... That analysis was so wrong! There's never a greater chance to win and topple over the casinos - even to the least ones around you, trying to improve their traffic and reputation..

gambling ain't worth your time and resources altogether...see, If you could invest that time into something resourceful, It'll fetch you more money, even without spending a dime innit... But the big question is - what do you really want? You wanna have fun or you wanna  throw shit at the wall to see if it sticks? yikes!

Sandra 🧑‍🦰

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goinmerry
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March 13, 2024, 10:06:50 PM
 #25

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

Benefits of gambling? Like what are those benefits that we can value as worthy of investing in?

If you don't understand how risky gambling is, you should not consider gambling as an investment.

For example, these people who take gambling as an investment are those already skilled ones who always compete in a competition like a billiard player, or basketball player, that hasn't reached yet the status of being professional.

But if you talk about just relying on your luck? Better forget it mate.
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March 13, 2024, 10:12:24 PM
 #26

...
Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


You are quite oversimplifying the reason someone would engage and take part in gambling, in my opinion. Sure, most of people do all of it because the chances of winning money out their predictions, but there is also some fun behind it, you know. There are people (it is my case when I do not have much of a budget and we are going through some interesting sport seasons) who see sport betting as a way to enhance their experience when watching love matches with their friends and family. It is not the same watching one of those live not having a stake on one of the teams from having money staked on the victory of one of them.

When comes to whether it is worth it to bet on changes as 50/50. I totally believe it is, otherwise there would not be such the huge volume of money on bets as these we see in all kinds of bookies on the internet. Keep in mind there are people out there placinf bets on possible events and matches results which have relatively low chances of happening like 20/80, so they would not mind to go for a 50% of chance whatsoever.

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SatoPrincess
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March 13, 2024, 10:29:40 PM
 #27

As everyone knows the goal of betting is to get the largest amount of money
That may be your reasons for gambling but for others gamble for the thrill of it. They enjoy the risk and the uncertainty of the game.  


knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.
A responsible gambler knows to gamble only with less than 10 percent of his monthly income.


Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

Gambling is for fun. I can get more excitement from a $10 bet than spending money on cinema and popcorn. Gambling is not always 50:50 and that is another thing that makes it even more interesting.
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March 13, 2024, 10:30:08 PM
 #28

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

No, it's not worth it, especially with that kind of purpose. You are not aiming to have fun anymore which will be stressful in the long run.
If there's something that is worth the time and effort then sports betting will be the key to make some good benefits. Love the game and it will love you back by betting at a high percentage due to the effort and time analyzing the game and predicting the results the right way.

But in casino games, I won't expect too much there. You would either lose or you will just return from where you started. Winning is near impossible, most of the time you are chasing losses and then you will become greedy once you win which leads to going back where you started again because casino games tend to get back everything you won.

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March 13, 2024, 10:37:29 PM
 #29

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?
Anything that has a very high risk when it comes to the investment outcome should be given a full-time opportunity as a means to get finances. 
 
In my own perspective, the only time that is worth investing in gambling is the little time that we get, and that is to be used on things we could consider doing with our free time. When that free time is off, we go back to our normal daily hustle, and that's it.
 
Gambling is not worth giving full-time attention to both your time and your assets, as we know full well that the result can be sideways, so I don't take that chance of risking my career over something whose outcome is under probability.

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March 13, 2024, 10:45:33 PM
 #30

It highly depends on your risk appetite. There are people who squeeze the maximum amount of money they can on an event because they believe that it's worth it. There are also other people who settle for the safest plays and take profits wherever they can. I personally would get all the possible value I can on a bet no matter what, especially on games I'm highly confident on that will result to a win. I sometimes play for safe games, too, but getting the juice on an event you pretty much read everything about just rewards better.
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March 13, 2024, 10:47:06 PM
 #31

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

You are on the wrong side of understanding what gambling really is, if you think that's an investment.

Even how much money you put in gambling, even how much seriousness and focus you will apply here, you can't treat gambling as an investment. An investment is supposed to give you sure returns with a sense even if we are also facing risk here. In gambling, the only result you will always get is losing most of the time that's why it should not be treated as any form of investment.
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March 13, 2024, 10:52:47 PM
 #32

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


For some people, it is actually worth it, despite the losses they experience, which they don't sometimes pay much attention to, but if you must know, not everyone is gambling all the time. Normally, there is no one who is just gambling for the purpose of making losses and throwing away their money. Every gambler wants to win while gambling, but not every gambler is very (100%) concerned with gambling and making profit. Some people just take gambling as a casual activity that they can do to have fun, and if they are lucky to win, they will be happy, while there are people who are very dedicated and obedient to gambling. Those people who take gambling as a thing of fun gamble less and stake the amount they can afford to lose, and some of them also gamble occasionally, while those who are fully dedicated to gambling have different habits; some have very terrible habits of gambling more than the amount they can afford to lose, and some are also taking loans to gamble. 

There is not only one kind of gambler; everyone who gambles has different habits and lifestyles for how they handle it. Some people usually get lucky, and it pays them off, but this doesn't happen all the time. Take, for example, the man who gambled with his entire savings on the Q slot game and was lucky to win. 

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March 13, 2024, 10:54:23 PM
 #33

I Don't think or have considered predicting matches a waste of time cause I actually like this part, they are so many times that I didn't play or stake the games or matches I predicted but I did it just cause i enjoy doing it, sometimes just to check my accuracy and other times to just play around.

Gambling Is clearly a game of luck and nothing sweets more than winning, so it's worth it in a way the time and money that is used, just don't let it become habit cause it can lead to financial harm.

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March 13, 2024, 10:55:59 PM
 #34

This is the reason why I always emphasize to myself and also to others especially my friends not to prioritize gambling activities, there is absolutely no benefit that you will get but will only trigger many problems in your life when you are too excessive and prioritize a place that should only be for a joke.

For me gambling is nothing more than filling time when I have free time with boredom and when I choose to gamble with the smallest possible budget that is just enough to keep me a little entertained, one of the reasons why I have absolutely no thoughts of gambling too seriously is because as the OP said that the odds are 50-50, meaning you might win or lose, both of these things are always unknowable because gambling runs randomly to determine who the winner is. and if you are too serious in treating gambling too seriously, it is because as the OP said, the odds are 50-50, meaning you might win or lose, both of these things are always unknowable because gambling runs randomly to determine who the winner is, And if you are too serious in treating gambling like gamblers who have the intention and purpose to earn then actually the opposite will happen where you will actually lose a lot of money slowly which sometimes you don't realize and not only that because in terms of time you will also lose a lot of valuable time and maybe that time will produce something more useful if you fill the time by doing other things.

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March 13, 2024, 10:56:22 PM
 #35



Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

Depends on your goal, I think. If you plan to get rich from gambling that only means you are willing to put that much time and money, taking the risk, to achieve such feat. However, as you've mentioned in gambling there is an equal ratio of winning and losing. Given that we're not in control of our luck, then you should have a large bankroll and patience to increase your chance to do so however, things will never still be guaranteed. Personally, I don't have such goal from this industry. Bigger expectations mean bigger things to lose in exchange of that. There are people who really won big time in gambling but only thinking of how manyn have failed or are continuiusly losing, I removed the part that I have hope to also do, in this industry.

Right now, I still mind earning profit but not as much as actually getting rich because of this industry. I prioritize being entertained than to be profitable. The goal is to avoid big loss than achieving big gains, simply because losing will be more certain in gambling. It would be much better to just accept a fact than to be hopeful for things we have no control with.

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March 13, 2024, 11:18:57 PM
 #36

gambling is not an investment, it does not bring constant profits, it does not allow people to earn enough money to pay bills, that is why when a person wants to start gambling, then that person should think about playing just for fun, Obviously it's not about playing to lose, you have to think about winning. but the amount that this person puts into the game must be an amount that does not harm that person, the kind of money that the person can lose and will not cause him any fault. Preferably I always advise people to play with small amounts of money, for example if you like to go to the beach and other places to have fun and spend $40 in those places

so you know that the 40$ you used in those places will not come back, what you gained by going to those places was fun, so when you put 20$ in the casino you should also think in the same way that those 20$ you put in the casino will not come back , so the fun you got was the game you were playing. You can't think about things like putting in $20 and you're going to play to come out with more than $20 and with that you're going to make a profit, forget about that. At most, just think about playing to win a few times so you can spend more time playing without putting more money into the casino too soon. but always be aware that eventually you will lose everything you put into the casino and you will have to deposit more money again to play

and when you put more money back into playing, don't think about things like chasing profits, you must accept and accept losses, just deposit the money knowing that you will lose everything again and that the only thing you will gain will be fun. Look at it like when you play video games, you play and win but you don't play using money and therefore you don't win money, what you win is the fun, those moments of wins and losses and the challenge you feel when you're playing and what you win. Don't expect profits from gambling. forget it

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March 14, 2024, 12:14:40 AM
 #37

When I saw the title I thought it'd be about sportsbooks since it's another term for vig.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?
I'd say it's worth it based on how much you're getting out of the activity because not everyone gambles seriously and only aims for the profits. Others also gamble casually because it's still a good source of entertainment. They barely focus on the profits knowing you'd have to sacrifice more of your time to have a better record and even then it's still not guaranteed.

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March 14, 2024, 12:35:25 AM
 #38

That's not a really difficult question to answer my guy, if the lemon we're squeezing is gambling and the effort to squeeze is the investment that we put in it then I'd tell you that it's not worth it, you'd probably get a thimbleful at most and if you're lucky a small cup full but that's it, the effort that you'd put into it wouldn't be good, you'd be squeezing too much of the lemons but some of them don't really have the juice in them most of the time. It's a really good analogy on gambling and helps you visualize to some level how difficult it is to actually profit in gambling, that's why it's been recommended that you only gamble what you can afford to lose and not go all out just to be disappointed and lose your money and waste your time.



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Rainbot
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March 14, 2024, 05:08:51 AM
 #39

When I saw the title I thought it'd be about sportsbooks since it's another term for vig.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?
I'd say it's worth it based on how much you're getting out of the activity because not everyone gambles seriously and only aims for the profits. Others also gamble casually because it's still a good source of entertainment. They barely focus on the profits knowing you'd have to sacrifice more of your time to have a better record and even then it's still not guaranteed.

It's true, sometimes we just want to enjoy and there are those hardcore gamblers to make money. So I think it's worth of your time and investment as you can get something out of it. Although it is still money that we might not afford to lose, but that's up to the gamblers themselves to take that risk.

And we can't even consider it investment though, I mean when we gamble we all know that our chances are not that great. But still we take it and see if we can profit or not. But in investment there is what we call mitigation risk. We somewhat have strategies not to lose all our money.

R


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March 14, 2024, 06:58:18 AM
 #40

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?
Don't ever consider gambling as your investment, because it's not.
You have to see this as a risky option to make money and that is not a 50/50 success rate, expect a lower rate especially on a luck based games.
If you are into gambling, always ask yourself if you can afford to lose the money and if you have the budget for this kind of activity. Investment should be rewarding and doesn't need to have a lower probability to make profit, gambling is gambling.

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