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Author Topic: Do the juice Worth the squeeze?  (Read 1258 times)
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March 22, 2024, 03:16:44 PM
 #121

I must say, 50/50 odds of beating the system are a myth. What matters is understanding the odds, which are never in your favor, not being a high roller or playing it safe. Casinos and sportsbooks make money, not give it away. They use their house edge.
I completely agree with that. People who think that they have a 50% chance of winning in gambling don't understand that it doesn't work that way in the long run, even if you have a 49% to 50% chance of winning a bet, it doesn't necessarily mean you will have the same chances when you keep gambling for a long time because the house edge will keep reducing that percentage and puts it in the favour of the house.

So, people who think they can get rich from gambling are just having the wrong mindset and they most probably don't have much knowledge about the technical side of gambling and how the odds are stacked against them for the long run. It's better for a gambler to stay moderate with it all the time.

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March 23, 2024, 03:03:38 AM
 #122

I must say, 50/50 odds of beating the system are a myth. What matters is understanding the odds, which are never in your favor, not being a high roller or playing it safe. Casinos and sportsbooks make money, not give it away. They use their house edge.

So, people who think they can get rich from gambling are just having the wrong mindset and they most probably don't have much knowledge about the technical side of gambling and how the odds are stacked against them for the long run. It's better for a gambler to stay moderate with it all the time.

the people who think they will get rich from gambling, those are the people who only rely on gambling as their source of income, they are the people who want easy money and don't work hard to have money, and finally, they are also the people fools quickly because they are quick to believe what other people say without fact checking and research.
And sad to say, many people have that mindset, they think that once they gamble they will get rich immediately because that's what they see in promotions and social media advertisements. It is much better that people are now more aware of the other causes and effects of gambling in a person's life, it is not just about winnings because there are more factors that need iconsider before we gamble.



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Rainbot
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March 24, 2024, 04:54:20 PM
 #123

I must say, 50/50 odds of beating the system are a myth. What matters is understanding the odds, which are never in your favor, not being a high roller or playing it safe. Casinos and sportsbooks make money, not give it away. They use their house edge.

So, people who think they can get rich from gambling are just having the wrong mindset and they most probably don't have much knowledge about the technical side of gambling and how the odds are stacked against them for the long run. It's better for a gambler to stay moderate with it all the time.

the people who think they will get rich from gambling, those are the people who only rely on gambling as their source of income, they are the people who want easy money and don't work hard to have money, and finally, they are also the people fools quickly because they are quick to believe what other people say without fact checking and research.
And sad to say, many people have that mindset, they think that once they gamble they will get rich immediately because that's what they see in promotions and social media advertisements. It is much better that people are now more aware of the other causes and effects of gambling in a person's life, it is not just about winnings because there are more factors that need iconsider before we gamble.

What you say is very true, the person who want easy money generally do not like to work, but rather do nothing, watch TV, watch phones, make tik toks, many things like that and they want to live a life of luxury and benefits things, these types of people can really take advantage of a lot when they don't have supplies in a casino, and the truth is that if they have that luck they are very lucky, but just think about the day that luck runs out, what the lives of those people will be like. Do you no longer have enough money to cover those expenses? How will the reaction be? If they really are people who basically have a lot of things to fix, those who like easy money, at some point in their life they will realize that they have to change their way of earning income, and I don't know any other way that work, and work hard, if you want to have more money, then you have to work more, otherwise I don't know where else you can obtain constant and good income.

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March 27, 2024, 04:48:58 AM
 #124

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?

If you are risk taker then this is worth the squeeze but if you know the importance of money then never that you will take that 50/50 ratio and most of the time even higher than 20/80 .
Iwill not recommend everyone to stay in gambling if they don't have enough money to lose because this is mostly to lose and small percent to win.
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?

Gambling is always very risky and i always think its win is 50/50. because i can't guarantee any result so i have to accept win and loss also. Gambling is like jumping into a crocodile-infested river.  If you are lucky you will be able to escape from there and if you are unlucky the crocodile will eat you and you will have nothing to do. So you have to jump here after thinking about it a few times.  Because once you get into the habit of jumping, you will want to go there again and again and you will not always be able to save yourself.

And, still, some people enjoy extreme sports (with or without crocodiles Cheesy) and I think that it has a lot to do with the reason why people is willing to enjoy going 50/50, in the best case, because the hedge always unbalances the probability and benefits the house.
that is the benefits of being extreme lover, so they can enjoy anything even losing money as long as they are happy in what they are doing.
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March 27, 2024, 09:27:30 AM
 #125

the people who think they will get rich from gambling, those are the people who only rely on gambling as their source of income, they are the people who want easy money and don't work hard to have money, and finally, they are also the people fools quickly because they are quick to believe what other people say without fact checking and research.
And sad to say, many people have that mindset, they think that once they gamble they will get rich immediately because that's what they see in promotions and social media advertisements. It is much better that people are now more aware of the other causes and effects of gambling in a person's life, it is not just about winnings because there are more factors that need iconsider before we gamble.
Those people need to wake up, because even if can understand the appeal it may have to make a fortune while doing something that in essence is a game, at the same time I know this is nowhere near as easy as they expect it out to be, since if we were to read the experiences of those that actually tried that lifestyle and succeeded, you will soon realize that they treat gambling not as a source of entertainment but as just another job, with poker players playing for 14 hours or more each day, so even for the few that can make money this way, the amount of work they need to invest is massive.
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March 27, 2024, 09:34:06 AM
 #126

And for anyone who is treating gambling as his major source of income will always be lacking behind because gambling takes money away from a gambler than it gives in money to the gamblers pocket, since we all understand that this is only means of having fun and being entertained, there have been so many who have wrongly interpreted what this gambling form of entertainment serves, instead they are taking it for something else.

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March 27, 2024, 10:13:44 AM
 #127

And for anyone who is treating gambling as his major source of income will always be lacking behind because gambling takes money away from a gambler than it gives in money to the gamblers pocket, since we all understand that this is only means of having fun and being entertained, there have been so many who have wrongly interpreted what this gambling form of entertainment serves, instead they are taking it for something else.
Definitely not all understand that, otherwise there would be no gamblers betting a lot of money hoping to be profitable. Maybe for most of us we have no chance of wining in gambling but how about those gamblers who call them professional that are raking money from a sportsbook or a casino? There are skilled based game, so we can't generalize that gambling is really for fun only, otherwise, there's no risk on it as we already accepted we spend money when we gamble.

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April 09, 2024, 04:20:43 PM
 #128

And for anyone who is treating gambling as his major source of income will always be lacking behind because gambling takes money away from a gambler than it gives in money to the gamblers pocket, since we all understand that this is only means of having fun and being entertained, there have been so many who have wrongly interpreted what this gambling form of entertainment serves, instead they are taking it for something else.
Most people go to casinos to make money. It can in the form of "trying it out for the first time" to "winning back yesterdays loss" and thus the vicious cycle continues from newbie gamblers to addicted veteran gamblers. The reason why people dont want to earn money is that the rest of the methods are energy consuming and need physical or mental work, which they are not willing to use, only to learn their folly in the long run.

So dont treat gambling as an income, you will lose and you will win, only to lose that money too. Grin

R


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fikrett
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April 09, 2024, 11:36:39 PM
 #129

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?


So, to answer your question directly, yes, the benefits can be worth it if you're gambling for enjoyment and you approach it as a form of entertainment rather than a guaranteed way to make money. It's all about balancing the fun with the risks and making sure it fits into your lifestyle without causing stress or financial strain.
Adbitco
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August 10, 2024, 12:40:40 PM
 #130

What matters is that if you are gambling gamble with the amount affordable for you to risk or lose because most people feels that they are professionals, hence they thought whatever amount they placed on bet they would get it back immediately the ticket close but without knowing that gambling does not change its principle even though you can go with huge amount or small amount, it could be smaller or larger odds the principle still remains the same so there is no assurance that if one bet with a smaller amount on a smaller odd he would win or if one bet a large amount on a smaller odds that he will win but the main thing is if your predictions are right then there are high chances of you making winning from your bets.

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August 17, 2024, 02:14:17 AM
 #131

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?


So, to answer your question directly, yes, the benefits can be worth it if you're gambling for enjoyment and you approach it as a form of entertainment rather than a guaranteed way to make money. It's all about balancing the fun with the risks and making sure it fits into your lifestyle without causing stress or financial strain.
In the beginning though, we target to win big and so we take that big risk and yeah, it's worth the squeeze. But as we mature we might be thinking that we should be smart on our money and shouldn't spend money that we can't afford to lose. And with that kind of mindset, we approach gambling as some kind of entertainment and we have some fun and at the same time, the benefits of winning money. There are even gamblers who says that they play just to get out of stress, but each and everyone of us have different reasons to gamble. But in the end, as long as we are enjoying and it is not causing financial strain on our end, then yes, we can gamble as much as we like.

R


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ethereumhunter
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August 17, 2024, 10:15:20 AM
 #132

What matters is that if you are gambling gamble with the amount affordable for you to risk or lose because most people feels that they are professionals, hence they thought whatever amount they placed on bet they would get it back immediately the ticket close but without knowing that gambling does not change its principle even though you can go with huge amount or small amount, it could be smaller or larger odds the principle still remains the same so there is no assurance that if one bet with a smaller amount on a smaller odd he would win or if one bet a large amount on a smaller odds that he will win but the main thing is if your predictions are right then there are high chances of you making winning from your bets.
Using the money you can afford to lose will be the best recommended advices so they don't have to feels regret using their money to playing gambling. Although most people will use more and more money, if some people can stick to that rules, they will not have a problem using gambling to have fun. They don't use gambling for making money but only to fills their spare time while they don't have anything to do and they don't playing gambling too long because they know that will gives them problem.

They will not risks much money for playing gambling and still limit the money for playing gambling. If they can place smaller amount to playing gambling, they can have their time in gambling and stop from playing gambling immediately before their losses becomes big. It is worth if they playing gambling for fun and without thinks about winning the big money because they can relax themselves and enjoy their time in gambling.

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Adbitco
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August 17, 2024, 09:34:29 PM
 #133

What matters is that if you are gambling gamble with the amount affordable for you to risk or lose because most people feels that they are professionals, hence they thought whatever amount they placed on bet they would get it back immediately the ticket close but without knowing that gambling does not change its principle even though you can go with huge amount or small amount, it could be smaller or larger odds the principle still remains the same so there is no assurance that if one bet with a smaller amount on a smaller odd he would win or if one bet a large amount on a smaller odds that he will win but the main thing is if your predictions are right then there are high chances of you making winning from your bets.
Using the money you can afford to lose will be the best recommended advices so they don't have to feels regret using their money to playing gambling. Although most people will use more and more money, if some people can stick to that rules, they will not have a problem using gambling to have fun. They don't use gambling for making money but only to fills their spare time while they don't have anything to do and they don't playing gambling too long because they know that will gives them problem.

They will not risks much money for playing gambling and still limit the money for playing gambling. If they can place smaller amount to playing gambling, they can have their time in gambling and stop from playing gambling immediately before their losses becomes big. It is worth if they playing gambling for fun and without thinks about winning the big money because they can relax themselves and enjoy their time in gambling.
You know it's important to culture the amount used for gambling because If this doesn't carefully control it would lead to gambler gambling out of control and proportion. But it this could be monitored and maintaining some certain level to gamble then there would be no much lost while gambling and especially if taken to be for entertainment purposes then couple with gambling with a very minor amount while having the cool time could be more better.

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ethereumhunter
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August 18, 2024, 11:05:40 AM
 #134

You know it's important to culture the amount used for gambling because If this doesn't carefully control it would lead to gambler gambling out of control and proportion. But it this could be monitored and maintaining some certain level to gamble then there would be no much lost while gambling and especially if taken to be for entertainment purposes then couple with gambling with a very minor amount while having the cool time could be more better.
That is right because with controlling the amount of money that we use for playing gambling can prevents us to gets a big lose. We see many gamblers lose their money in gambling so that is why we must controls ourselves and not just follows our greed. That is why we must always remember with only use the money you can afford to lose when you playing gambling so you will not regret when you lose the money.

Besides that, playing gambling using small money will be okay for us because we don't chase the win and only wants to have fun. If we always remember that playing gambling is for entertainment, we will not suffer because of the lose in gambling because we can hold ourselves from spending much money in gambling. We can have fun using small money and control ourselves so we will not playing gambling excessively.

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August 18, 2024, 11:30:34 AM
 #135

You know it's important to culture the amount used for gambling because If this doesn't carefully control it would lead to gambler gambling out of control and proportion. But it this could be monitored and maintaining some certain level to gamble then there would be no much lost while gambling and especially if taken to be for entertainment purposes then couple with gambling with a very minor amount while having the cool time could be more better.
That is right because with controlling the amount of money that we use for playing gambling can prevents us to gets a big lose. We see many gamblers lose their money in gambling so that is why we must controls ourselves and not just follows our greed. That is why we must always remember with only use the money you can afford to lose when you playing gambling so you will not regret when you lose the money.

Besides that, playing gambling using small money will be okay for us because we don't chase the win and only wants to have fun. If we always remember that playing gambling is for entertainment, we will not suffer because of the lose in gambling because we can hold ourselves from spending much money in gambling. We can have fun using small money and control ourselves so we will not playing gambling excessively.
Exactly!
Small money makes gambler think less when they lose their bet and it could be very hard for any of them to fall into addiction because money used to gamble can be affordable and riskable, therefore if there were to be any lost the gambler wouldn't feels it that much because there is no much value attached to the money. So people must learn to reduce their betting amount to their riskable size to help them being able to withstand any lost.

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August 19, 2024, 06:30:22 AM
 #136

That is right because with controlling the amount of money that we use for playing gambling can prevents us to gets a big lose. We see many gamblers lose their money in gambling so that is why we must controls ourselves and not just follows our greed. That is why we must always remember with only use the money you can afford to lose when you playing gambling so you will not regret when you lose the money.

Besides that, playing gambling using small money will be okay for us because we don't chase the win and only wants to have fun. If we always remember that playing gambling is for entertainment, we will not suffer because of the lose in gambling because we can hold ourselves from spending much money in gambling. We can have fun using small money and control ourselves so we will not playing gambling excessively.
Exactly!
Small money makes gambler think less when they lose their bet and it could be very hard for any of them to fall into addiction because money used to gamble can be affordable and riskable, therefore if there were to be any lost the gambler wouldn't feels it that much because there is no much value attached to the money. So people must learn to reduce their betting amount to their riskable size to help them being able to withstand any lost.

Yeah, that's true! Using small amounts of money for gambling can definitely help prevent big losses. It's important to control ourselves and not let greed take over. Only gamble with money you can afford to lose, that way you won't regret it if you do lose. Remember, gambling should be for entertainment and fun, not to make money.

Playing with small amounts can help us enjoy the game without chasing wins and getting addicted. It's easier to handle losses when the money at stake is manageable. People should limit their bets to what they can afford to lose to avoid getting into trouble.
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August 19, 2024, 06:51:08 AM
 #137

And for anyone who is treating gambling as his major source of income will always be lacking behind because gambling takes money away from a gambler than it gives in money to the gamblers pocket, since we all understand that this is only means of having fun and being entertained, there have been so many who have wrongly interpreted what this gambling form of entertainment serves, instead they are taking it for something else.

Yep, totally valid. It's essential to take gambling as the means for entertainment, otherwise, chances are you are not going to have a good time while doing it Grin

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August 19, 2024, 07:08:56 AM
 #138

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 gamble with the intent of having the largest amount of money and I think that has been the anchor to my continuous responsible gambling habit over the years. When you focus on to getting the largest amount (which is 99% impossible) you go your way to even using money not budgeted for gambling, and that's bad. But when you set your priority right within a minimum achievable target with every bet the chances are that you might be getting more wins with your bets than you're losing. Talking from experience.

Not everyone that's is playing plays solely for the money, it's just that those that plays for the money are much in numbers than those that plays for fun. Let say about 75% thereabout plays for the money.  The benefits is relative to how your approach .
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August 19, 2024, 07:18:09 AM
 #139

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 gamble with the intent of having the largest amount of money and I think that has been the anchor to my continuous responsible gambling habit over the years. When you focus on to getting the largest amount (which is 99% impossible) you go your way to even using money not budgeted for gambling, and that's bad. But when you set your priority right within a minimum achievable target with every bet the chances are that you might be getting more wins with your bets than you're losing. Talking from experience.

Not everyone that's is playing plays solely for the money, it's just that those that plays for the money are much in numbers than those that plays for fun. Let say about 75% thereabout plays for the money.  The benefits is relative to how your approach .

I applaud your experience and your position on it that you shared there. It's better for the gambler's well-being that way. When priorities are straightforward and they are in line with your well-being - a good time is coming for you.

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August 19, 2024, 08:23:05 AM
 #140

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?


We all know that the characteristics of success is the ability to take risks but in gambling I don't think the risk worry it cause for some gamblers that spend almost half their income monthly to gamble inorder to get big amounts and wins and at the end of the day they loose everything,so definitely it doesn't worth it.

You can't take up such huge risk all because you want to earn big,what I'm saying it's not applicable to other aspects but to gambling cause it's one aspect that drains a rich man to Zero all in the name of taking risk when you're not wise enough.

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