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Author Topic: Gambling is not place to make money is place to lose it?  (Read 2346 times)
Rampagoe004
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May 27, 2024, 02:52:30 PM
 #321



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.

I agree with you. So far, people have had the wrong perception about how they see gambling. The reason is because they saw several people who won the jackpot so he thought he could change his life by gambling. This is completely wrong. As you said, casinos are not charities that will give jackpots to everyone. The chance of getting the jackpot is very small. Casinos are created as places of entertainment. You play and enjoy your adrenaline rush. Sometimes you win and sometimes you lose. But if you accumulate everything then the result is that you lose, if you really want to make money from there.

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May 27, 2024, 03:04:53 PM
 #322

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.
This is what attracts players to gambling; they think that they will be lucky, and not other players. The mistake of the majority lies in this. Here you need to understand that we are no different from these millions of players, and only luck decides who the winner will be. This uncertainty attracts many after a boring life in which everything is monotonous, but starting to play, emotions fly up and down, this shakes many people’s mental stability and they begin to do actions that they should never do. This is where dependent people appear who have left a lot in the house. I strongly advise many players to think about this and not give in to deep emotions. I have succeeded in this over many years in gambling, I just test at a minimum level so that it doesn’t happen, be it winning or losing, because I understand these subtle moments and the mechanism of how the gambling industry works.

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May 27, 2024, 03:12:18 PM
 #323


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


Some casinos want you to believe that their casino is a good place to make money or double your money, but the fact is gambling is never a cash cow, and you have little chance of making money from gambling.

Casinos are not a place to lose money just like that, it's an entertainment platform and you have to pay for something that will give you a sort of entertainment because entertainment is not free, casinos spend money to set up their platform for gamblers to enjoy their time there.

Exactly, sometimes there are some advertisements for casinos on billboards in my country where those casinos will boldly state, "Win $100, 000, multiply your earnings, and enjoy real entertainment." In my imagination, (i would say) all these false promises are just to attract more gamblers or novices, making them think they can easily multiply their money and win $100,000.

Gambling is good entertainment for those who love it, but it's never a good way to make money, not because it's illegal but because there is no guarantee to earn from it for every dollar you stake. Someone can stake $20 and even lose it; some big gamblers are losing thousands to millions of dollars every day at the casino.

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May 27, 2024, 03:28:10 PM
 #324


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


Some casinos want you to believe that their casino is a good place to make money or double your money, but the fact is gambling is never a cash cow, and you have little chance of making money from gambling.

Casinos are not a place to lose money just like that, it's an entertainment platform and you have to pay for something that will give you a sort of entertainment because entertainment is not free, casinos spend money to set up their platform for gamblers to enjoy their time there.

Exactly, sometimes there are some advertisements for casinos on billboards in my country where those casinos will boldly state, "Win $100, 000, multiply your earnings, and enjoy real entertainment." In my imagination, (i would say) all these false promises are just to attract more gamblers or novices, making them think they can easily multiply their money and win $100,000.

Gambling is good entertainment for those who love it, but it's never a good way to make money, not because it's illegal but because there is no guarantee to earn from it for every dollar you stake. Someone can stake $20 and even lose it; some big gamblers are losing thousands to millions of dollars every day at the casino.
That kind of advertising is illegal in my country. I am assuming it's illegal in most first world countries in a same way you can't advertise a token sale like that without SEC ruling it as a security.
But i really sometimes wonder why people think casinos would be profitable organizations if most people win more money then they would lose?

In fact that applies to every game in every casino. The fact some people really think that there would be a tactic that they just haven't found, or that they are just gambling wrong and losing because of that puzzles me. Do these people totally ignore the concept of luck? Or do they consider other winners lucky and they themselves, not only unlucky but gambling wrong? It shouldn't be a news that casinos are build so that they are mathematically guaranteed ultimately to make profit.

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May 27, 2024, 03:35:33 PM
 #325

That is a wrong motive to say gambling is a place to make money.Gambling is for fun and not a place for making money,it is not a source of income.An average person might gamble with the expectation of making more money end up losing more while a rich person who knows the right aim of gambling will gamble for fun and without having the expectation of making money and be the lucky one to go home with wins.Gambling is not a place to make money but a place to catch fun.

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May 27, 2024, 03:55:15 PM
 #326

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.
the rate of loss no doubt is usually higher than wins but then you make sure that every win you make is enough to help you make up for your loss enough that you are definitely going to still be in profit regardless of how much you have lost to the casino and that's why there's always an application of risk to reward and making sure to have some risk management strategy which make your risk to reward ratio so high that you are not at loss even after four losses and a single win but only a few gamblers are rely mindful about this enough to get to the point they will be careful enough about it to the point they will be able to make profits even amidst losses.

sport betting can actually be lucrative especially if you are not greedy with you expectations and are very real with what they should be probably by thinking in terms of percentage and when you are wining you are winning based on percentage and applying same to your amount you stake at once on a bet at a time.


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May 27, 2024, 04:45:01 PM
 #327

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.

That’s the only two things that are import in gambling any other thing does not matter so it either you win or you lose and most time there are more loses than winning so it is left for every individual to know how to control there gambling habits. A lot of people always fail to understand gambling and that is why they are always losing, they don’t do things logically they just want to win which is good thing but not taking proper steps will lead to financial disaster, because people lose money for various reasons which is all their fault because is either they are to greedy or they just make selection without any consideration so it shows that they bet recklessly and they don’t fit in, they should just leave gambling alone.

And some people blame casinos and the rest for losing games or even saying they are bad for the community did they forget that, casino also spends money in setting up the place they have to pay their staffs, and if their is a win they have to also pay the person, so it clearly shows that money is important for both parties. The main reason people visit casinos is not other than to make money. Put if you think you will always win then you lie because before you start gambling you should already know the risk behind it, you might experience more loses not that anything is wrong but that is just the nature of gambling. You can play everyday but make right choice and don’t allow money drive you.

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May 27, 2024, 08:43:41 PM
 #328

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.
I don’t think the casino are responsible for gambling lose or they intentionally do that for money sake, definitely we must not expect a win always or else we might be disappointed because there’s no 100% guarantee prediction given when it comes to gambling. Aside the fun, it’s obvious gamblers get excited after just one win because the feeling come specially. Although not everyone will feel same but, much people will always like to win always which is very wrong because when they never get to experience a win alway just like what you mentioned they’ll start developing anger and emotions, some anger might come in another form whereby they allow their emotions to control them by putting everything just to bet, I think this is definitely a perfect correction for people who think they can earn with gambling angrily meanwhile some will just decide to take a break.

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May 27, 2024, 08:55:02 PM
 #329

Hi everyone,

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, and everyone’s goal is to win more ,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?

Maybe from your point of view this is the purpose of gambling, but for others it is not, because there are others who gamble because they really just want to have fun, and for others it is recognized as a source of income and for others it is a habit. .

Yes, it's true that most people who gamble in casinos usually end up losing, that's why others always say gamble at your own risk, no one forces you to gamble but we decide if we want to gamble.

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May 29, 2024, 07:57:14 AM
 #330

That kind of advertising is illegal in my country. I am assuming it's illegal in most first world countries in a same way you can't advertise a token sale like that without SEC ruling it as a security.
But i really sometimes wonder why people think casinos would be profitable organizations if most people win more money then they would lose?

In fact that applies to every game in every casino. The fact some people really think that there would be a tactic that they just haven't found, or that they are just gambling wrong and losing because of that puzzles me. Do these people totally ignore the concept of luck? Or do they consider other winners lucky and they themselves, not only unlucky but gambling wrong? It shouldn't be a news that casinos are build so that they are mathematically guaranteed ultimately to make profit.

Well, in my country, gambling is legal; casinos pay their taxes and are allowed to operate freely. Advertising on billboards is not free, and as long as the casino is advertising their business for what they think is possible, no one will come for them. It's the responsibility of a gambler to be responsible. 

Some people are thinking this way because they have seen or either heard the stories of other gamblers that won millions of dollars just by gambling or they have also heard or seen people win jackpots, so they motivate themselves with such stories or experiences of others. 

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May 29, 2024, 08:35:43 AM
 #331

~snip~
Well, in my country, gambling is legal; casinos pay their taxes and are allowed to operate freely. Advertising on billboards is not free, and as long as the casino is advertising their business for what they think is possible, no one will come for them. It's the responsibility of a gambler to be responsible. 

Some people are thinking this way because they have seen or either heard the stories of other gamblers that won millions of dollars just by gambling or they have also heard or seen people win jackpots, so they motivate themselves with such stories or experiences of others. 

Exactly.

Gambling basically exploits the way that our brains work.

We are very bad at probabilities, so casinos can craft games that sound very good on paper for a normal person and makes them feel they are almost winning, but in reality the odds are extremely low.

Also the fact that one person wins a lot of money sounds like it can happen to anyone, but the odds of that happening to the person buying a ticket are extremely low.

And so on, there are many tricks that they basically use. I find it fascinating, I'm sure they hire lots of psychologists and people in similar areas.

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May 29, 2024, 09:10:15 AM
 #332

sport betting can actually be lucrative especially if you are not greedy with you expectations and are very real with what they should be probably by thinking in terms of percentage and when you are wining you are winning based on percentage and applying same to your amount you stake at once on a bet at a time.

Sport betting is better than casino betting because sport betting has an advantage of you being a lover of the sport then you will know many things about the sport and where to do your research to know know more about the team that is having the highest chance of winning. Sport betting depends on your skills and anybody can learn how to play sport betting and become a winner. Casino games depends totally on luck, I have not seen any individual that has used his skills to win a casino game. You have to be lucky to win and more lucky to win more than one time. Gambling can make you money but you do not get desperate about making money from gambling but just having fun with the bets. But we should not depend on gambling to make money although you can make money from gambling.

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May 30, 2024, 10:37:53 AM
 #333

~snip~
Sport betting is better than casino betting because sport betting has an advantage of you being a lover of the sport then you will know many things about the sport and where to do your research to know know more about the team that is having the highest chance of winning. Sport betting depends on your skills and anybody can learn how to play sport betting and become a winner. Casino games depends totally on luck, I have not seen any individual that has used his skills to win a casino game. You have to be lucky to win and more lucky to win more than one time. Gambling can make you money but you do not get desperate about making money from gambling but just having fun with the bets. But we should not depend on gambling to make money although you can make money from gambling.

I agree with you here.

Sports betting is of course also random, but there is some other element to it. It is not simply random as a roulette for example.

There is the chance that you know something the casino doesn't know for example.

There are different casinos giving different odds, etc.

It is much more interesting than just a random game like roulette.

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May 30, 2024, 10:49:58 AM
 #334

Sport betting is better than casino betting because sport betting has an advantage of you being a lover of the sport then you will know many things about the sport and where to do your research to know know more about the team that is having the highest chance of winning. Sport betting depends on your skills and anybody can learn how to play sport betting and become a winner. Casino games depends totally on luck, I have not seen any individual that has used his skills to win a casino game. You have to be lucky to win and more lucky to win more than one time. Gambling can make you money but you do not get desperate about making money from gambling but just having fun with the bets. But we should not depend on gambling to make money although you can make money from gambling.
Yes, that is right but must know that they can not hopes that they can always win with their prediction. We know that everything can change in the field so we must research deeper to find more detail about each teams.
Sports betting depends on our research so if you can find many information about the match, you will have your chance to wins. But you can not feels confident that you can wins every time you place a bet on the team you wants because there will be other factors that can change in the field.
We should remember that gambling needs luck so we don't have to use gambling to make money and just use it for have fun. People must use gambling as entertainment so they can stay away from the problems that can occurs to them and they can avoids addicted to gambling.

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May 30, 2024, 11:19:01 AM
 #335

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

How can you expect to make money through gambling? Gambling is entertainment, a recreational activity. The primary expectation should be enjoyment rather than profit. Yes, you can win by chance, but don't count on that, mate, we all know that the chance is slim. That's why I always suggest picking games that you enjoy playing, rather than those where you have a better chance of winning. However bigger it is, your chance is still small. Just enjoy the game, mate!

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May 30, 2024, 12:05:45 PM
 #336

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

How can you expect to make money through gambling? Gambling is entertainment, a recreational activity. The primary expectation should be enjoyment rather than profit. Yes, you can win by chance, but don't count on that, mate, we all know that the chance is slim. That's why I always suggest picking games that you enjoy playing, rather than those where you have a better chance of winning. However bigger it is, your chance is still small. Just enjoy the game, mate!

If we think using common sense and a rational mindset then I think everyone will agree with the idea that gambling is not a place to make money and that will be in their brains when they think using common sense. Let's think using logic where gambling is always about two things, namely winning and losing, no matter where you bet, in the end the result at the end of the session will always be random in the sense that you can win but you can also lose. And what we have to remember and understand is that the chance of winning is nothing more than a "possibility" but if you are lucky then you will be able to win, while losing is a "certainty", and I would ask that is there anyone who can know when luck will come? no, this is natural, flows like water, and one of the reasons why gambling is called an activity that refers to luck is because there is absolutely nothing that can ensure or guarantee that you will win at the end of the session. This means it doesn't make sense to make an activity that only refers to luck a place to earn money, right? I think that is clear, and therefore this is the reason why gambling is always recommended to only be used as a place of entertainment to fill free time as you said.

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May 30, 2024, 01:17:15 PM
 #337

Maybe from your point of view this is the purpose of gambling, but for others it is not, because there are others who gamble because they really just want to have fun, and for others it is recognized as a source of income and for others it is a habit. .

Yes, it's true that most people who gamble in casinos usually end up losing, that's why others always say gamble at your own risk, no one forces you to gamble but we decide if we want to gamble.
Yes, it is true that some people do have different goals when they gamble, they only gamble for fun, of course they will never experience an addiction to gambling because they can control themselves when gambling and can also limit their gambling activities.

However, for some people who have the desire to gamble by considering it as a place to make money, of course they will find it difficult to win and they may become addicted to gambling which will cause them to have financial problems.

Gambling according to the risk that we can bear, of course this will limit us from being able to control the gambling activities that we do. Of course, this really protects our financial condition and will not waste too much money on gambling.

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May 30, 2024, 01:29:11 PM
 #338

Yes, that is right but must know that they can not hopes that they can always win with their prediction. We know that everything can change in the field so we must research deeper to find more detail about each teams.
Sports betting depends on our research so if you can find many information about the match, you will have your chance to wins. But you can not feels confident that you can wins every time you place a bet on the team you wants because there will be other factors that can change in the field.
We should remember that gambling needs luck so we don't have to use gambling to make money and just use it for have fun. People must use gambling as entertainment so they can stay away from the problems that can occurs to them and they can avoids addicted to gambling.
That's true, even though sports betting is based on our research where being able to get a lot of information can make your chances of winning greater, but of course the luck factor cannot be separated from this. All gambling definitely requires luck which will give you a win. Even though sports betting can be based on our own expertise, we must be able to limit everything, don't be too confident and don't be too confident in gambling. because behavior that is too self-confident can make us lose self-control which ultimately leads to losses too.

I agree with what you say, gambling should not be done to make money considering that the chance of winning will only be obtained by the host, and the chance of losing in the long term applies to ordinary gamblers. So do gambling only for entertainment or for fun to avoid major losses. because with the many cases that have occurred, it is hoped that this can be used as a lesson not to gamble excessively.

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May 30, 2024, 01:41:02 PM
 #339

Overall, yes, I would also say the same thing, namely that gambling is not a place to make money, but the opposite, which can actually lose a lot of your money without any remainder if you do it wrongly and excessively, and one of the reasons why gambling cannot be used as a a place to earn because I have proven it myself that winning always happens when I'm really lucky, sometimes when I don't have any hope of winning but the result turns out to be that I actually win, meaning in my opinion it's very clear that a win that only happens by chance is not can be used as a place to produce.

Meanwhile, in addition, gambling has the risk that sometimes we can experience losing a lot of money if we are not able to immediately stop our gambling, especially when we experience emotions because of losing, and there are also many people, especially addicted gamblers, who actually experience losing a lot of money when trying to chase victory, and because of this, in my opinion, gambling will never be a place to make money, it's too risky, so it's better to gamble with the intention of just having fun, it's better and many people have suggested this approach.

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May 30, 2024, 01:44:59 PM
 #340

That is a wrong motive to say gambling is a place to make money.Gambling is for fun and not a place for making money,it is not a source of income.An average person might gamble with the expectation of making more money end up losing more while a rich person who knows the right aim of gambling will gamble for fun and without having the expectation of making money and be the lucky one to go home with wins.Gambling is not a place to make money but a place to catch fun.
Yeah, you have said it very correctly, but I also think that there are other dimensions to this things, and one other dimension that some people can look at this is that, there is actually no fun when money is being lost.

For example, money is meant to be spent right? Yeah, we spend money to get something we value; in return, for example, people spend money to watch a good movie, to have fun with the thrills, suspense and so on, people spend money to buy a car, cars make traveling easier and also provide pleasure.
Now, think about this, what type of fun does people spend money gambling to get? And do you really think that a person gambling and keep losing will really have that fun at the end of the day?

What I do understand is that, gambling is not really meant for the poor, why? Because the poor can't gamble just to have fun, for there is no fun in losing money for him, he gambles because he wants more and that's it.
Gambling is meant for the rich because the rich can afford to gamble, lose the money and still consider it as fun, since they have so much more money to fall back to.

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