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Author Topic: Gambling is not place to make money is place to lose it?  (Read 2239 times)
nullama
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May 21, 2024, 12:40:48 PM
 #301

~snip~
I'm agreeing with this. The moment to put in your bet or your capital in a position that you think of would win, you already lost that money. Because you already handed it out for risk. Unless you withdraw it as a win and reflecting in bank account then it's already true. What I mean is that you lose in this game in order to win. So how can you expect this as a primary source of income if you are also constantly losing your money. In gambling it is very random and much more like a game of luck. In fact 95% percent of the participants lose and only 5% wins.

Yes, basically, how I see it, the moment you place a bet, you basically are paying for a service.

That service is the hope to win some money. It doesn't matter if you get it or not, you already paid for that service.

In general, you will lose more than what you win. That's just how the game is.

If you prefer to see it as entertainment, that's ok, but if you see it as an investment, you will have a bad time.

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lienfaye
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May 21, 2024, 12:51:05 PM
 #302

Still, if the winners are only a few, many people will still gamble because we never know who those winners are. Every gambler will try his or her luck, in the hope that he or she may be those lucky ones who will be awarded as a winner.
This hope of winning will always be alive and the gamblers will always be hopeful to win the games and change their fortunes.
Indeed. Despite of the fact that majority of gamblers are losing, this can't hinder the gamblers to try their luck because of their hope to win huge that can make them rich instantly.

Just like those who regularly buy lottery tickets. Although the chances are one in a million to win, it doesn't stop them to bet because of the huge prize. Gambling is not really a way to make money but we can't take away this specific reason for many gamblers since majority are hopeful to win that's why they keep on playing.

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May 21, 2024, 03:19:45 PM
 #303

Just like those who regularly buy lottery tickets. Although the chances are one in a million to win, it doesn't stop them to bet because of the huge prize. Gambling is not really a way to make money but we can't take away this specific reason for many gamblers since majority are hopeful to win that's why they keep on playing.
Everyone has a very reasonable reason why they want to win at gambling, whether it's playing a casino or just buying a lottery ticket. Maybe we've seen where there was only one lucky person who won big from a lottery ticket and anyone can buy lottery tickets every day, even if they don't. never win they have that reason to win one day, no matter how much money has been spent there, the mindset must be straightened out in this case, say when buying a lottery ticket, just think about it and think about us buying snacks to please ourselves.

Don't be burdened by the money we spend every day. The point is to use money worth the price of snacks as a benchmark to consistently buy lottery tickets, whether it's every day or at the weekend. The point is, don't use money that is used for living needs, but use money that is ready to be thrown away for something fun so that when you lose there is no desire to avenge the loss by increasing the bet even bigger by buying more lottery tickets, that is the wrong way, everyone has a chance to win and don't expect that opportunity, one day there will definitely come if indeed lucky because the lottery is a gambling that completely requires luck.

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May 21, 2024, 07:31:49 PM
 #304

but if you see it as an investment, you will have a bad time.

Wether we believe it or not, we all gamble to win and make money. Even though who see it as entertainment still have bad time, I do ask if the entertainment is it not money going in for it?
Is entertainment not addictive? I even consider those who see it as entertainment to get worn out in every situation because I can see a scenario were anyone gamble randomly without precision to win even in the light of entertainment some of us assume, so forming a differentiation between those who see it as entertainment and means for money isn't proper.

We all just need to have self discipline and moderation which entails everything.

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May 21, 2024, 08:21:36 PM
 #305

Obviously, and this is why all gamblers are always advised to be cautious and vigilant along with putting a lot of restrictions on several aspects such as limiting the amount of budget, time of involvement and limiting their expectations of winning and one of the reasons why all these things are always advised is because gambling is a high-risk activity when one comes with the wrong understanding and point of view.

Another thing is the fact that gambling is nothing more than a game of probability that has no certainty and no guarantee that you will win at the end of the session, or simply put, you will only be able to know whether you will win or lose once you have completed the session, meaning that how can you put your intention and goal of making money in a place that has no certainty and no guarantee of making money? This is the reason why gambling does not make sense as a place to earn, plus the possibility of risk will always be a part that cannot be separated, so it's better to find a place that is certain to earn, such as finding a public job that has a guarantee of making money.

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May 21, 2024, 08:34:01 PM
 #306

Obviously, and this is why all gamblers are always advised to be cautious and vigilant along with putting a lot of restrictions on several aspects such as limiting the amount of budget, time of involvement and limiting their expectations of winning and one of the reasons why all these things are always advised is because gambling is a high-risk activity when one comes with the wrong understanding and point of view.

Another thing is the fact that gambling is nothing more than a game of probability that has no certainty and no guarantee that you will win at the end of the session, or simply put, you will only be able to know whether you will win or lose once you have completed the session, meaning that how can you put your intention and goal of making money in a place that has no certainty and no guarantee of making money? This is the reason why gambling does not make sense as a place to earn, plus the possibility of risk will always be a part that cannot be separated, so it's better to find a place that is certain to earn, such as finding a public job that has a guarantee of making money.
You would really be needing that moderation on everything and this is something that limited on gambling but also in other things as long it does involved that spending money on which it is really that something crucial
or something that you would really be needing to consider all the time because gambling could cause out that devastation on someones life if you wont really be that careful on dealing with it. This is why it would really be best that you should really know on what you are doing and on whats the thing that you've been dealing and since it could potentially lose you big amounts of money then it is really just that right that you would be needing up to have that control and moderation.

Gambling is really just that for fun and not to make an income because if you do have this kind of approach then you would be finding yourself that becoming that too desperate specially on the moment
that you would be losing money on which it would really be that something that will really be that making yourself that being desperate on chasing up those loses. This is something that will
really be that causing for you to chase up your loses.

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May 21, 2024, 09:06:20 PM
 #307

Gambling has become very popular in the world , especially after the changes that have occurred over the years with modern technology and the abundance of games, we can now gamble with one push    anywhere and anytime . More money is flowing to sites and casinos in huge quantities,
Yep. Nowadays, everyone can gamble anywhere through online gambling. Even, people can gamble from home and no one knows it. The online gambling supports the privacy of gamblers. So this convenience triggers more people can join gambling. Because they don't have to worry or feel embarrassed, they can gamble without anyone knows it. Sure, this finally makes more money flows to the gambling or casino sites.

As is always known, if there is a loser, there is a winner, and I don't think that the percentage of losers is greater than the winners .
Is this true gambling is not place to make money is place to lose it?
Indeed. In gambling, people can win or lose in the games. It is the fact, there should always the winners. So, it is untrue if you think gambling is a place to lose money only. In reality, there are people who can win huge money from gambling. However, people may not win or get money every time. The should be the time for losses, it is impossible if we expect to always win in gambling.  Wink

Mate, you may need to learn this: probability in gambling

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May 22, 2024, 12:44:33 AM
 #308

Obviously, and this is why all gamblers are always advised to be cautious and vigilant along with putting a lot of restrictions on several aspects such as limiting the amount of budget, time of involvement and limiting their expectations of winning and one of the reasons why all these things are always advised is because gambling is a high-risk activity when one comes with the wrong understanding and point of view.

Gambling is high risk opportunity but you can reduce the risk by being very cautious with how you are gambling. Gambling can make you to become an addict that loves to gamble in a wired way. You are always going to lose when gambling but it is how you control your losses that matters so you do not end up losing all the money that you have. We should be gambling in a way that we make money than we are losing it therefore it is not every game that we should be playing when we are gambling. We have to be very careful with the type of games we select as some.games are vey difficult to predict to win them and those are games that depend on luck for you to be able to win and not those that depends on your skills. Gambling is not only a place to lose money, you can make money from gambling too but you just do not have to be depending on gambling for making money.

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May 22, 2024, 11:37:33 AM
 #309

Obviously, and this is why all gamblers are always advised to be cautious and vigilant along with putting a lot of restrictions on several aspects such as limiting the amount of budget, time of involvement and limiting their expectations of winning and one of the reasons why all these things are always advised is because gambling is a high-risk activity when one comes with the wrong understanding and point of view.

Gambling is high risk opportunity but you can reduce the risk by being very cautious with how you are gambling. Gambling can make you to become an addict that loves to gamble in a wired way. You are always going to lose when gambling but it is how you control your losses that matters so you do not end up losing all the money that you have. We should be gambling in a way that we make money than we are losing it therefore it is not every game that we should be playing when we are gambling. We have to be very careful with the type of games we select as some.games are vey difficult to predict to win them and those are games that depend on luck for you to be able to win and not those that depends on your skills. Gambling is not only a place to lose money, you can make money from gambling too but you just do not have to be depending on gambling for making money.
If many gamblers can be cautious and vigilant playing gambling, they will not risks much money and only use some money to playing gambling. They will limits their money and time in playing gambling and will trying to be wise to treat gambling because they knows that gambling is only for fun and not for makes money. They knows that playing gambling doesn't have to be serious because that can leads them to use more money.

Playing gambling have its risks so they will not lets the risks becomes bigger and will always manage their money and time. They will trying to stops themselves when they see their time is almost end because if they often to playing gambling too long, that can cause them to gets addicted to gambling. That will be dangerous for them if they becomes addicted to gambling as that will be difficult to cure. They will always remember that gambling is not a place to makes money but only for have fun.

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May 22, 2024, 01:22:24 PM
 #310

but if you see it as an investment, you will have a bad time.

Wether we believe it or not, we all gamble to win and make money. Even though who see it as entertainment still have bad time, I do ask if the entertainment is it not money going in for it?
Is entertainment not addictive? I even consider those who see it as entertainment to get worn out in every situation because I can see a scenario were anyone gamble randomly without precision to win even in the light of entertainment some of us assume, so forming a differentiation between those who see it as entertainment and means for money isn't proper.

We all just need to have self discipline and moderation which entails everything.
Yeah no matter what situation we gamble the money will go. But many people who have a lot of money don't mind losing and win and spend money on gambling to find entertainment. Self discipline and self control gives the knowledge of good self control and balance throughout life. Restrains extreme emotions and helps in moderation or moderation. Helps to remove one's helplessness and become self reliant helps clear mental and emotional depression.

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May 22, 2024, 01:37:46 PM
 #311

Gambling can be an enjoyable recreational activity if done responsibly for entertainment, but it is not a wise choice as a primary income source.
I'm agreeing with this. The moment to put in your bet or your capital in a position that you think of would win, you already lost that money. Because you already handed it out for risk. Unless you withdraw it as a win and reflecting in bank account then it's already true. What I mean is that you lose in this game in order to win. So how can you expect this as a primary source of income if you are also constantly losing your money. In gambling it is very random and much more like a game of luck. In fact 95% percent of the participants lose and only 5% wins.

If we talk about big wins, it is quite possible that you are right, but if we talk about small wins, they happen much more often. Only most gamblers miss the chance to take the money because of their greed and continue to gamble until their account is empty.

If we say that gambling can become a means of permanent income, I basically agree with this partly. The probability that any of us can reach such a level is negligible, but I knew two gamblers who lived on the money earned from gambling.

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May 22, 2024, 03:46:16 PM
 #312

~snip~
Yeah no matter what situation we gamble the money will go. But many people who have a lot of money don't mind losing and win and spend money on gambling to find entertainment. Self discipline and self control gives the knowledge of good self control and balance throughout life. Restrains extreme emotions and helps in moderation or moderation. Helps to remove one's helplessness and become self reliant helps clear mental and emotional depression.

At the end of the day you only need to know that the house always wins.

That means that you will end up with less money if you bet.

That's just what the probabilities say about it.

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May 23, 2024, 03:42:53 AM
 #313



At the end of the day you only need to know that the house always wins.

That means that you will end up with less money if you bet.

That's just what the probabilities say about it.

Well, what you say is very true, I think that as a player, if you start playing a lot in a casino in the long term, you will end up losing, because that is what establishes the house edge, and that is something that cannot be denied. , Therefore, when we are Looking at the different ways of doing things we can say that there are always ways to do things better, I am sure that when we play a lot we know about the house advantage and still we take that risk, so that means that when we lose we know and must understand that if we seek revenge or try to recover our Losses we will do worse , because playing with stress and pressure is just what to do.


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May 23, 2024, 04:25:43 PM
 #314

Obviously, and this is why all gamblers are always advised to be cautious and vigilant along with putting a lot of restrictions on several aspects such as limiting the amount of budget, time of involvement and limiting their expectations of winning and one of the reasons why all these things are always advised is because gambling is a high-risk activity when one comes with the wrong understanding and point of view.

Another thing is the fact that gambling is nothing more than a game of probability that has no certainty and no guarantee that you will win at the end of the session, or simply put, you will only be able to know whether you will win or lose once you have completed the session, meaning that how can you put your intention and goal of making money in a place that has no certainty and no guarantee of making money? This is the reason why gambling does not make sense as a place to earn, plus the possibility of risk will always be a part that cannot be separated, so it's better to find a place that is certain to earn, such as finding a public job that has a guarantee of making money.
You would really be needing that moderation on everything and this is something that limited on gambling but also in other things as long it does involved that spending money on which it is really that something crucial
or something that you would really be needing to consider all the time because gambling could cause out that devastation on someones life if you wont really be that careful on dealing with it. This is why it would really be best that you should really know on what you are doing and on whats the thing that you've been dealing and since it could potentially lose you big amounts of money then it is really just that right that you would be needing up to have that control and moderation.

Gambling is really just that for fun and not to make an income because if you do have this kind of approach then you would be finding yourself that becoming that too desperate specially on the moment
that you would be losing money on which it would really be that something that will really be that making yourself that being desperate on chasing up those loses. This is something that will
really be that causing for you to chase up your loses.

Yes, the point is that we have to be really wise when making a decision, and make sure that you understand or know what you are doing, or the point is that we have to first understand the various positive and negative possibilities that exist in gambling. such as the opportunity to win and also the possibility of experiencing the risk of loss, where by fully understanding how gambling actually works, it is very likely that you will be able to make a decision that you can truly be responsible for which will keep you fine and not too sorry when you finally lose.

Of course gambling is not a place to earn income, and I have said before that it is very unreasonable to use a place that has absolutely no certainty or guarantee whatsoever to become a place to earn money, and most of the gamblers who try to make gambling a place to looking for income will usually experience bad impacts such as losing large amounts of money, where the situation becomes much worse over time when they try to chase losses to recover.

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May 24, 2024, 12:25:35 AM
 #315

Gambling is not really a place that you think you can make money easily but it’s also a place to make money but it doesn’t come as fast as you think it can only come when you plan and you are consistent in your game. Yes, it’s a place to make money and place to lose money, but let it be a positive for you and let it be a place that you definitely. Yes I admire the topic. You are absolutely right gambling is for the both if you understand the strategy very well



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May 27, 2024, 08:37:16 AM
 #316

Gambling is not really a place that you think you can make money easily but it’s also a place to make money but it doesn’t come as fast as you think it can only come when you plan and you are consistent in your game. Yes, it’s a place to make money and place to lose money, but let it be a positive for you and let it be a place that you definitely. Yes I admire the topic. You are absolutely right gambling is for the both if you understand the strategy very well

Gambling is clearly a place to make money as long as you are the person running the casino.

The whole thing is designed so that the probabilities are against the gambler. The house always ends up winning in the end.

There is some level of entertainment that is provided, but the price some gamblers are paying is clearly more than what any person would reasonably expect for the amount of entertainment.

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May 27, 2024, 09:54:51 AM
 #317

Is this true gambling is not place to make money is place to lose it?

Well, I think it all depends on your own perspective regarding gambling. For me, gambling is very complex if we have to examine and translate it. gambling with all the features available, all aimed at people who are interested in playing it or want to bet. referring to the title of the thread you said, I will quote it "Gambling is not the place to make money is the place to lose it?" For me, this expression or question is too ambiguous, it does not represent the true essence.

So it's like this, if you go gambling to lose, why are you doing it. It's better for you to invest in installments, little by little. So, for me gambling is entertainment that is growing rapidly in the digital era with all the games and features available. It's just that, this type of entertainment contains risks in addition to being able to have fun when playing a betting game. The question is, does gambling make money? Of course yes, if you are lucky, especially when you get the jackpot. However, it is important to know that every time we bet, risks will always lurk when we gamble. if you lose, that is the most common thing and all of us as gamblers often lose in betting. That's why the winning ratio is smaller compared to the possibility of losing. just imagine the opposite, if more gamblers win, what about the casino platform.
Well, for me gambling is something complicated but fun to play. whatever the stakes, we can have fun with it. The matter of winning or losing, isn't that part of when we gamble? So, I think you can define gambling for yourself with your own thoughts.


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May 27, 2024, 02:17:05 PM
 #318

`

Yes, the point is that we have to be really wise when making a decision, and make sure that you understand or know what you are doing, or the point is that we have to first understand the various positive and negative possibilities that exist in gambling. such as the opportunity to win and also the possibility of experiencing the risk of loss, where by fully understanding how gambling actually works, it is very likely that you will be able to make a decision that you can truly be responsible for which will keep you fine and not too sorry when you finally lose.

Of course gambling is not a place to earn income, and I have said before that it is very unreasonable to use a place that has absolutely no certainty or guarantee whatsoever to become a place to earn money, and most of the gamblers who try to make gambling a place to looking for income will usually experience bad impacts such as losing large amounts of money, where the situation becomes much worse over time when they try to chase losses to recover.
Gambling goes beyond throwing money away and hoping for the best. A science of chance and calculation underlies it. Have you heard about game theory? It studies how decisions and strategies conflict. Gambling embodies game theory. I'm not suggesting you quit your work and move to Vegas. Every bet is a risk assessment and choice. Understanding probability, reading patterns, and knowing when to push and fold are key. Like poker, but against the house. Gambling isn't a stable source of income. It's fun and thrilling. It's a strategy and skill game. With the correct mindset and realistic expectations, it can be a lot of fun

Bet what you can afford to lose. Consider it a concert ticket or night out. Winning and losing are possible. What about the exhilaration, challenge, and feeling of overcoming the odds? It's invaluable. And who knows? You might get that royal flush or lucky streak. It occurred before. You'll have a wild journey even if you don't. Wasn't that life's purpose?

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May 27, 2024, 02:28:29 PM
 #319

`

Yes, the point is that we have to be really wise when making a decision, and make sure that you understand or know what you are doing, or the point is that we have to first understand the various positive and negative possibilities that exist in gambling. such as the opportunity to win and also the possibility of experiencing the risk of loss, where by fully understanding how gambling actually works, it is very likely that you will be able to make a decision that you can truly be responsible for which will keep you fine and not too sorry when you finally lose.

Of course gambling is not a place to earn income, and I have said before that it is very unreasonable to use a place that has absolutely no certainty or guarantee whatsoever to become a place to earn money, and most of the gamblers who try to make gambling a place to looking for income will usually experience bad impacts such as losing large amounts of money, where the situation becomes much worse over time when they try to chase losses to recover.
Gambling goes beyond throwing money away and hoping for the best. A science of chance and calculation underlies it. Have you heard about game theory? It studies how decisions and strategies conflict. Gambling embodies game theory. I'm not suggesting you quit your work and move to Vegas. Every bet is a risk assessment and choice. Understanding probability, reading patterns, and knowing when to push and fold are key. Like poker, but against the house. Gambling isn't a stable source of income. It's fun and thrilling. It's a strategy and skill game. With the correct mindset and realistic expectations, it can be a lot of fun

Bet what you can afford to lose. Consider it a concert ticket or night out. Winning and losing are possible. What about the exhilaration, challenge, and feeling of overcoming the odds? It's invaluable. And who knows? You might get that royal flush or lucky streak. It occurred before. You'll have a wild journey even if you don't. Wasn't that life's purpose?
Whenever I hear the word strategic betting what comes to my mind always is sportsbetting because I feel that's the only event you could possibly get a heads up or closer change to actually predicting correctly the outcome of games although sometimes the results aren't all that accurate but that's gambling for you. But the static truth about gambling is that the rate of losing is always higher compared to winning so it's better to have that mentality before even going into gambling because if you are of the idea that you could win a lot then you would probably just end up being heart broken especially when you have that sharp losing streak but if you take it for fun and enjoy the process then you would know that the rain of winning streak too is a must and you will be smiling when that comes.

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May 27, 2024, 02:31:54 PM
 #320

Is this true gambling is not place to make money is place to lose it?

Well, I think it all depends on your own perspective regarding gambling. For me, gambling is very complex if we have to examine and translate it. gambling with all the features available, all aimed at people who are interested in playing it or want to bet. referring to the title of the thread you said, I will quote it "Gambling is not the place to make money is the place to lose it?" For me, this expression or question is too ambiguous, it does not represent the true essence.

So it's like this, if you go gambling to lose, why are you doing it. It's better for you to invest in installments, little by little. So, for me gambling is entertainment that is growing rapidly in the digital era with all the games and features available. It's just that, this type of entertainment contains risks in addition to being able to have fun when playing a betting game. The question is, does gambling make money? Of course yes, if you are lucky, especially when you get the jackpot. However, it is important to know that every time we bet, risks will always lurk when we gamble. if you lose, that is the most common thing and all of us as gamblers often lose in betting. That's why the winning ratio is smaller compared to the possibility of losing. just imagine the opposite, if more gamblers win, what about the casino platform.
Well, for me gambling is something complicated but fun to play. whatever the stakes, we can have fun with it. The matter of winning or losing, isn't that part of when we gamble? So, I think you can define gambling for yourself with your own thoughts.



Gambling actually offers both; winning and losses. One cannot say that gambling is a place where people lose money without winning. A times we win and a lot of times we lose for the house to make more money. Players who don't acknowledge this concept of gambling actually suffer lots of losses. So, in this sense I accept your idea about the house actually benefiting from those loses, players are not supposed to hope on winning always, that means casinos will go bankrupt, a lot.

Casinos are not charity organizations, it's a place to spend money for entertainment purposes. Unfortunately a lot of players go into the game for money that's why they end up being disappointed. And I think it is where this thought of op was made from because when a player loses a lot he would conclude that there's no means of winning in gambling. Sure it's true, that the house actually takes up all the money regardless, but sometimes a gamer will win. If lucky that would be the jackpot.

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