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Author Topic: Gambling is not place to make money is place to lose it?  (Read 2447 times)
topbitcoin
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June 01, 2024, 05:47:55 AM
 #361

Gambling is a place to win money, but it's also a place to lose money. When you gamble, you either win or you lose. People have won huge sums of money from gambling so I can say gambling is a place to win money.
That doesn't mean you should see gambling as a source of income because you'll lose money to gambling. It's a game of chance, that's why there are odds. Just take it as a fun thing that can make you money, and also keep at the back of your mind that losing in gambling is certain, in fact, you'll lose more times than you win, but your wins may cover your losses.

People lose more than they win, and that is why the casino business is flourishing. If people win more than they lose, that means casinos are running at a loss and they might not exist.
Remembering that gambling is a business, profits and losses will occur, even though players will most likely only experience losses frequently, this is normal because this is a business where they promise winnings that can only be obtained by players who are really lucky. In my opinion, gambling should not be said to involve only one party, wins and losses will occur in gambling. But for those who can't control themselves, it's not surprising that they lose a lot of money, even though if they can gamble patiently, maybe they can win later.
That's right, gambling is a game of chance, because there is a chance to win and there is also a chance to lose and also the winnings that can be obtained are usually based on the player's own luck. but I doubt there is a win that can cover the losses that have occurred. This is very unlikely to happen, maybe for those who really have god-level luck they can get a win that can cover all their losses.
We see and feel that if we gamble for many years and we write down every profit after withdrawals and deposits that we make, we will see more losses in gambling, although there are some people who get big wins from gambling but we do not know how much they have lost during their gambling, and again not just one casino visited in their gambling journey.

To be honest the thought of believing that earning money from gambling is the cause of you losing more in gambling although it is a fact that can be done, but with that thought we will do a lot of experiments and seek our luck in gambling because of believing that you will earn money in gambling, this should be careful if the basic thought is like that, I hope we can have the mindset of getting money or not it's just entertainment, and when you get lucky from gambling why not withdraw it then enjoy it even if tomorrow or the day after tomorrow you come back to the casino to try your luck again.

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June 01, 2024, 05:54:00 AM
 #362

Even those who lose money all the time never accept that they are exactly persons which may be characterized as losers in the eyes of others who were never involved into gambling. Commonly they don't like complicated things and prefer to think that gambling is precisely for making money and proceed to the next casinos pit being more eager to try next game.

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June 01, 2024, 10:20:47 AM
 #363

In fact, when gambling results in defeat, it is a normal thing because it has become a decision that cannot be changed, if the player only has a greater chance of losing in the long term, it is true what you said, we have to be careful in placing bets or with the actions that will be taken. This is done when gambling, if you are not ready to lose, you should not just gamble because losing money is something that will definitely happen. Limits must be owned and controlled by every gambler, because by having their own limits, they will probably not take big risky actions that could make them lose a lot of money. Also, by having limits, of course your finances will be in order, because those who experience losing a lot of money may be because they don't have set limits.

Yes, that's true, the chances that gamblers have are not that big, because the industry itself has a bigger chance of winning. Therefore, we must be able to gamble appropriately, not excessively, because even if we gamble excessively, such as by risking everything we have, it will not change the factors of chance or luck. Also, basically gambling is just for fun, not to make money, with those who gamble with the aim of making money, I'm sure they experience losing money more than making money.
Playing gambling can gives lose. That is what gamblers must realizes so they do not have to playing gambling using much money because that can makes their lose becomes bigger. The chance to win is not too big so gamblers must be careful to spends their money in gambling.
Gamblers must have limitation in gambling to prevents the big lose and must realizes that gambling is not place to make money but they can lose much money. With limitation, gamblers will knows how to manage their money in gambling and also for other things so they do not just spend money for playing gambling.
Gambler must realizes that they can only playing gambling and not makes money in gambling because the chance to win is not too big. If we can playing gambling moderately, we will not gets big lose and enjoy the gambling games because that is our reason to playing gambling.

That's true, indeed gambling can cause us to experience financial losses and of course financial problems will occur if we gamble unreasonably or exceed reasonable limits. Apart from that, no one recommends investing a lot of money in gambling, including the gambling industry itself, where they also have no element of asking players to invest a lot of gambling money, they only provide game entertainment services that use money that is rewarded if they are lucky. Moreover, control rests with the player himself. If they think gambling can make money then they will just lose more money.

One of them is having limits, money management of course includes limits because when gambling with us we can have limits based on a set budget. for example, by having a limit of around $5 to $10 per bet and if you lose then don't put any money back in and when you can make a win, immediately cash it out. Therefore, losses in gambling are based on who we do it ourselves and how we respond to it.

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June 01, 2024, 12:18:51 PM
 #364

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?
The reason gambling has become so popular among people is that most of the people who are addicted to gambling are young people, so more young people in our society are gambling in casinos. By listening to this gambling may be changing someone's luck or if we survey it shows that most of the people have lost all their money in this casino gambling and come back almost penniless but the gambling addict never realizes that. Gambling is not very good for a man because if he is constantly losing money in gambling, then at some point he will be so broke that he will not have any money to repay his debts, so he must be careful before gambling in this casino. will be But I think gambling is only for people who have a lot of money, if they lose a lot of money gambling to cash out, those who have very little money will not have a problem if they lose money gambling once or twice, then it is worth it. They have no other condition. I must say to those who take loans and gamble, refrain from gambling by taking such loans, your family and yourself will be much better.

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June 01, 2024, 03:29:26 PM
 #365

Even those who lose money all the time never accept that they are exactly persons which may be characterized as losers in the eyes of others who were never involved into gambling. Commonly they don't like complicated things and prefer to think that gambling is precisely for making money and proceed to the next casinos pit being more eager to try next game.

Is true gambling is not a get  rich quick scheme . That's why most time people that have the mindset that gambling is a get rich scheme quick normally endup getting themselves  reckt early, because they will start gambling irresponsibly using their hard earned cash recklessly inorder to hit the jackpot. That's why despite most people are gambling for the cash , but still there are still in for the fun . And such people don't normally have the mindset that gambling is a get rich quick scheme.

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June 01, 2024, 04:06:17 PM
 #366

Hi everyone,

Is this true gambling is not place to make money is place to lose it?
To be frankly speaking, gambling is not the place where to make money, but rather a place where to risk trying your luck with the money you have made, of which if you are lucky enough, you win, but if you are not, you lose. Hence, If you want to make money, then the best advice will be to go get a job or probably go launch your own new casino and promote it, because with the high and increasing rate of new teens turning into trying their luck with gambling, you are likely to make a very good sum of money if you could adopt a brilliant marketing strategy. So if anybody may have told you that gambling is the way to making money in life, on this day, I categorically stand to tell you that gambling is never the way to making money, but rather a platform which gives you the medium to try your luck.

R


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June 01, 2024, 04:35:57 PM
 #367

Hi everyone,

Is this true gambling is not place to make money is place to lose it?
To be frankly speaking, gambling is not the place where to make money, but rather a place where to risk trying your luck with the money you have made, of which if you are lucky enough, you win, but if you are not, you lose. Hence, If you want to make money, then the best advice will be to go get a job or probably go launch your own new casino and promote it, because with the high and increasing rate of new teens turning into trying their luck with gambling, you are likely to make a very good sum of money if you could adopt a brilliant marketing strategy. So if anybody may have told you that gambling is the way to making money in life, on this day, I categorically stand to tell you that gambling is never the way to making money, but rather a platform which gives you the medium to try your luck.

Yes and there is the idea of “trying your luck” as you say, from the words alone I think it is clear that the name of luck then surely the result will be two possibilities, namely if we are lucky then we will win but if we are unlucky then we will lose, and I think this is quite reasonable and simple to understand and remember and also there is enough evidence that can be used as a basis for why gambling is called not an activity to earn because obviously victory always depends on how lucky you are at the time of running the session. Or more simply it does not make sense to make a place that only relies on luck to be a place to earn.

And yes it's true as you said that if we really want to get income then there is no other way but to look for a job that can indeed guarantee to produce like a job in general, so of course until whenever gambling can never be used as a place to produce because there is absolutely no element of consistency in terms of getting a win because everything always happens by chance when you are lucky.


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June 01, 2024, 06:59:01 PM
 #368

When I decide to bet on something, I do it for the adrenaline, if we just want to win money, you don't focus that much on the game, unless the game depends solely on luck.

It's true that the advantage will always be with the house, they may even let you win a little, but you will certainly lose more than win. Just yesterday I was playing, in the first or second round of a game (fortune tiger) I got a super win of 8$, if I had stopped and withdrawn, I could have made a profit. I bet very little because I always bet what I am willing to lose.
You don't bet for the money but adrenaline, how? Do you want gambling to energise you or what, or you are referring to the fun part? This adrenaline of a thing is scary to me if I must say because it is getting to some kind of extreme if what I am thinking is the case. Regardless, it is good that we gamble with the mind that is not thinking about the money, that's the only way we can relax and get the best out of gambling. Also, I agree with you about what I can simply term as the house advantage, but still, it is not all aspects of gambling that the house has that edge over the player.

In casino betting like the Fortune Tiger you mentioned, of course, there is an algorithm you are playing against, and I do not think that house will let you be wining all the time. But this is not possible in sports betting, both you and the house have equal opportunity. They can only be praying that you do not win, that is the worst they can do. But for them to tweak anything against you, that is not possible, at least that I know of. Above all, I like the plan you are going for, you are betting with a small amount of money which is what casino gambling takes, otherwise, you may lose too much and be bitter with yourself.

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June 01, 2024, 08:00:51 PM
 #369

When I decide to bet on something, I do it for the adrenaline, if we just want to win money, you don't focus that much on the game, unless the game depends solely on luck.

It's true that the advantage will always be with the house, they may even let you win a little, but you will certainly lose more than win. Just yesterday I was playing, in the first or second round of a game (fortune tiger) I got a super win of 8$, if I had stopped and withdrawn, I could have made a profit. I bet very little because I always bet what I am willing to lose.
You don't bet for the money but adrenaline, how? Do you want gambling to energise you or what, or you are referring to the fun part? This adrenaline of a thing is scary to me if I must say because it is getting to some kind of extreme if what I am thinking is the case. Regardless, it is good that we gamble with the mind that is not thinking about the money, that's the only way we can relax and get the best out of gambling. Also, I agree with you about what I can simply term as the house advantage, but still, it is not all aspects of gambling that the house has that edge over the player.

In casino betting like the Fortune Tiger you mentioned, of course, there is an algorithm you are playing against, and I do not think that house will let you be wining all the time. But this is not possible in sports betting, both you and the house have equal opportunity. They can only be praying that you do not win, that is the worst they can do. But for them to tweak anything against you, that is not possible, at least that I know of. Above all, I like the plan you are going for, you are betting with a small amount of money which is what casino gambling takes, otherwise, you may lose too much and be bitter with yourself.

He mistaken Dopamine for Adrenaline, which is the hormone responsible for Joy, pleasure and happiness.
You're right, about sport betting is all about using the opportunity presented to you and is less manipulative compared to casino gambling which is mostly algorithm based and manipulative. In all we need to apply risk management because at the end nothing is certain or guaranteed to be on the safer side we all have reasons for gambling let be cautious not to allow it consume us.
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June 01, 2024, 08:06:27 PM
 #370

Even those who lose money all the time never accept that they are exactly persons which may be characterized as losers in the eyes of others who were never involved into gambling. Commonly they don't like complicated things and prefer to think that gambling is precisely for making money and proceed to the next casinos pit being more eager to try next game.
The thing is that every known gambler must experience the effect of losing money be it that you are classed a professional gambler or not, losing of money while gambling is a must and most person don't know this and that's why anytime they lose they take it all personal and try very hard to even meet up with the winning back of the money they have lost and many of them become very unsuccessful at it , making them coarse through the act of actually being an addict.

For me, the losses in gambling is always place somewhere in my thoughts and in no reason or cause am I to go back and actually try to get back money that I have already lost before, from the onset of playing the mentality is always "what is lost is lost".

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June 01, 2024, 08:39:15 PM
 #371

Is this true gambling is not place to make money is place to lose it?
It depends on people's notion or how they think about gambling. Some might say it's a place to make money, some will say it's a place for fun. But generally gambling is difficult to win because the ratio of win over lost is slim. just like it is in our daily activities of making progress. You know success is hard to achieve, it takes time, endurance, dedication and many other factors which Leed to success.  So it is hard to make it through gambling that's why you will have to lose more to win. But that doesn't mean gambling is not profitable. As a matter of fact gambling has save most people from poverty and makes them financially buoyant. That many didn't benefit from gambling as expected doesn't mean many did not benefit.  Just keep on gambling you may hit a jackpot someday. But gamble with what you can afford to lose.


You are absolutely correct and I support you totally, gambling all depends on individuals on how they see, some see it as a place of entertainment while others see it as a place of making more money and it happens or works according to their beliefs or their perspective.

So whichever way we see gambling whether its going to profit us or not, that is how it will work for us but that doesn't mean we will gamble irresponsibly or more than what we can afford, such case can really damage us emotionally and can also affect us mentally, so let's not to forget gamble responsibly, even if it profits or not.

And that way we can also avoid addiction which also leads us to lose more money, time and energy.

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June 01, 2024, 08:55:05 PM
 #372

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

Don't you think it depends on how often you win or lose and the strategies you use to play? While gambling is often seen as a way losing money, it can also be a way to make money and have fun. Both aspects go hand in hand, and most people find gambling enjoyable when they win. It's possible that there are more losers than winners, but that could be unfair. It could mean that casinos are cheating or players don't understand the game. What I believe is true is that the system is fair, using good algorithms that determine winners and losers. As long as these algorithms aren't manipulated, the percentages of winners and losers could be equal.
Although their is small truth to that fact but the main context of the issue is that we shouldn't go into with the mentality of making money from it because with that mentality alot of things is going to get spoilt for us so that's Why it's better to have that thought that it's strictly on fun base thought. Gambling can be really fun and at the same time destructive so it's left for you to choose the path to follow
Everything you said here is actually right, but the fact is that the society has made us change because of lack of social amenities, shelter, and quest for survival and that was why people have seen gambling as a place to make money. ordinarily people cannot hope to make money from an uncertain situation because they are not sure of the games, we are in a society where we join the moving trend, if people are winning from gambling others will see it as an avenue to have fat wallet which is very wrong. lastly, gambling is not a place to make money because it brings us closer to losses so gamblers should think otherwise and understand that the core essence of gambling is to catch fun and not to make money.

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June 01, 2024, 09:13:36 PM
 #373

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 .
Sometimes, don't y'all think it's better we just refrain from habits that would cost us our time to make alot of enquires on the whys and the hows?
If the total returns for alot of casinos have improved, why do you think the losses won't?? Everything passes through the reformation; it's left for the gamblers to decide whether or not they still wanna give in. Secondly, the percentage of lost tickets should definitely be more than won/paid tickets.
Quote
Is this true gambling is not place to make money is place to lose it?
depends on what you want. If you choose to stay profitable, you'll definitely gamble with the rules in your subconscious mind... But if you don't, I think that determines your fate already.



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June 01, 2024, 09:50:25 PM
 #374

I like the title about the context that OP made, the reason is because the majority of gamblers, especially those beginners, always have an unreasonable belief that gambling is a place or intermediary to make money, and that belief arises because they see other people who have won big wins and when at the beginning of their involvement they managed to win a certain amount of winnings, their confidence will be even higher about the idea of making it.

Basically, however, it is an idea that will trap themselves, when in fact if it is thought using a rational point of view, it is clear that the name of the winning opportunity is nothing more than a “possibility”, meaning that the victory they managed to get is nothing more than a situation that is in their favor or simply they are lucky to finally get the victory. But the fact is that this is a business for casinos, where casinos hide behind the “chance of winning”, while it is clear that everyone likes the name of money, so without thinking they try it in the hope of realizing the victory, but the one who owns the business is the casino which in the long run, it is the casino that will actually benefit from gamblers who misunderstand how gambling really is.

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June 02, 2024, 04:39:04 AM
 #375

Alternatively, you can treat gambling as just a pastime and not make this activity an absolute priority, as beginners do who only have a thirst for victory. I have long adhered to this philosophy and play without the goal of winning, but just to have a good time, then I have no disappointment from losses ,I have a certain budget per quarter that I can spend on games.
The problem I believe with most gamblers who often ends up disappointed and devastated by the outcome of their gambling experience is the fact that they fail to expect everything. Usually in gambling, the odds are always stacked up against the gamblers as the house has the higher advantage, so knowing this fact and always going in with the expectations of always winning could have devastating effects on the gambler since winning isn't guaranteed.

Just as the Subject of the Thread says, one should always view gambling as where you're coming to lose money and not multiply it, because that way, it'll help you keep your emotions in check as well as your risk management.
It's better to expect the losses and then meet the wins, rather than expect to win and then the losses are rubbed all over your face.
Like they always say, hope for the best but expect the worse, this phrase is mostly applicable to gambling.

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June 02, 2024, 05:00:51 AM
 #376

That's true, indeed gambling can cause us to experience financial losses and of course financial problems will occur if we gamble unreasonably or exceed reasonable limits. Apart from that, no one recommends investing a lot of money in gambling, including the gambling industry itself, where they also have no element of asking players to invest a lot of gambling money, they only provide game entertainment services that use money that is rewarded if they are lucky. Moreover, control rests with the player himself. If they think gambling can make money then they will just lose more money.

One of them is having limits, money management of course includes limits because when gambling with us we can have limits based on a set budget. for example, by having a limit of around $5 to $10 per bet and if you lose then don't put any money back in and when you can make a win, immediately cash it out. Therefore, losses in gambling are based on who we do it ourselves and how we respond to it.
That makes us to prevent the cause so that will not happens to us. Maybe that will not easy to prevents as in gambling, we will see the temptation will getting bigger than we can imagine.
But if we really wants to prevents the lose not to becomes bigger, we must trying to do that and not exceed the reasonable limits in playing gambling. Many people already lose control in gambling and we knows about that so we must not lets us gets the same experiences like them.
Manage our money in gambling is a must thing that we do so we can still enjoy gambling games while we don't gets the big lose and have a chance to win although we don't knows when we can wins. Limitation will be our hope to avoids the big lose so we must always remember that and not trying to use much money to playing gambling.

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June 02, 2024, 08:05:21 AM
 #377

Remembering that gambling is a business, profits and losses will occur, even though players will most likely only experience losses frequently, this is normal because this is a business where they promise winnings that can only be obtained by players who are really lucky. In my opinion, gambling should not be said to involve only one party, wins and losses will occur in gambling. But for those who can't control themselves, it's not surprising that they lose a lot of money, even though if they can gamble patiently, maybe they can win later.
That's right, gambling is a game of chance, because there is a chance to win and there is also a chance to lose and also the winnings that can be obtained are usually based on the player's own luck. but I doubt there is a win that can cover the losses that have occurred. This is very unlikely to happen, maybe for those who really have god-level luck they can get a win that can cover all their losses.
We see and feel that if we gamble for many years and we write down every profit after withdrawals and deposits that we make, we will see more losses in gambling, although there are some people who get big wins from gambling but we do not know how much they have lost during their gambling, and again not just one casino visited in their gambling journey.

To be honest the thought of believing that earning money from gambling is the cause of you losing more in gambling although it is a fact that can be done, but with that thought we will do a lot of experiments and seek our luck in gambling because of believing that you will earn money in gambling, this should be careful if the basic thought is like that, I hope we can have the mindset of getting money or not it's just entertainment, and when you get lucky from gambling why not withdraw it then enjoy it even if tomorrow or the day after tomorrow you come back to the casino to try your luck again.
Yes, that's true, even if we record the gambling carried out with the money spent and the money earned, of course more money will be lost or lost, besides that, it is also unlikely that there will be gamblers who record their gambling activities, especially over a long or long period of time. Of course, those who get big wins from gambling are just because they are lucky, plus the strategy that they might apply and can make them make money, they will be more confident that the strategy is accurate, but in my opinion it doesn't have a big influence because it's just luck. which will determine whether he wins or loses. What you say is true, of course they don't just visit one casino, they definitely visit more than one casino.
It's not surprising that many people experience big losses because they have thoughts where they only think about winning, so even when they lose the thought of winning is still there and that encourages them to gamble again, where the end result is predictable, namely losing. or losses that will occur, strangely the thought of getting it can be a priority so that all losses that occur are not a problem. even by returning to more aggressive gambling.

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June 02, 2024, 08:29:18 AM
 #378

The problem I believe with most gamblers who often ends up disappointed and devastated by the outcome of their gambling experience is the fact that they fail to expect everything. Usually in gambling, the odds are always stacked up against the gamblers as the house has the higher advantage, so knowing this fact and always going in with the expectations of always winning could have devastating effects on the gambler since winning isn't guaranteed.

Just as the Subject of the Thread says, one should always view gambling as where you're coming to lose money and not multiply it, because that way, it'll help you keep your emotions in check as well as your risk management.
It's better to expect the losses and then meet the wins, rather than expect to win and then the losses are rubbed all over your face.
Like they always say, hope for the best but expect the worse, this phrase is mostly applicable to gambling.
Gambling should be for fun and not as a means to make money. Gambling can either make you smile or sad depending on the outcome you generate from the system. The system is nobody's friend and we should be able to acknowledge the fact there's existence of losses and profits in the space. Gambler who expects too much always ends up losing everything in gambling. Its never reliable to depend on gambling, rather stick to appropriate means to win.

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June 02, 2024, 08:57:03 AM
 #379

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?
Gambling is the place to waste money and winning on it is just a bonus. And I agree with your question because it literally is the place to lose it not unless you are lucky enough to make gains.  Maybe majority of gamblers just lose their money on gambling I could be wrong but that is what I am thinking.



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June 02, 2024, 12:00:28 PM
 #380

Even those who lose money all the time never accept that they are exactly persons which may be characterized as losers in the eyes of others who were never involved into gambling. Commonly they don't like complicated things and prefer to think that gambling is precisely for making money and proceed to the next casinos pit being more eager to try next game.

Gamblers are not ready to talk about their mistakes and accept losses because gambling is very important for them so leaving it is impossible for them. Gamblers think that gambling does not require any hard work so they can earn with just a single bet.

Actually they don't want to make themselves tired but they don't know that physical tiredness is better than having mental stress. They are more active in gambling but if they utilize this activeness in something better then they will be mentally better and also will be free of stress.



 

 

 

 

 

 


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