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Author Topic: Gambling is not place to make money is place to lose it?  (Read 3247 times)
ARTOIS (OP)
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March 19, 2024, 02:41:29 AM
 #1

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?

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March 19, 2024, 02:58:18 AM
 #2

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?

Well, this is not true for everyone. Some people gain money from gambling, but this is not the norm. Professional gamblers are an exception, not the rule. For the average person, the odds are against them. That's why it's critical to approach gambling with the proper mindset. If you go into it expecting to make money, you'll probably be disappointed. However, if you go into it expecting to have fun, you're more likely to have a good time, regardless of whether you win or lose.

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March 19, 2024, 03:11:08 AM
 #3

Is this true gambling is not place to make money is place to lose it?
Gambling can be whatever you make of it. As a person who gambles responsibly, it could be a place where you make money because you keep to the ethics of responsible gambling. As a person who gambles irresponsibly, it could be a place where you lose money because you break all the rules in the gambling book.
Our perspectives and opinions cannot all be the same. If you gamble more frequently(3-4 times per week), you'll experience more losses than wins. If you gamble less frequently (1-2 times per week) you'll have more wins than losses.

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March 19, 2024, 03:19:01 AM
Merited by Julien_Olynpic (2)
 #4

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?
Of course the % of losers IS greater than the winners. Most people gambling are going to lose. You walk into a land based casino and see 1 guy win, but at the same time there are 50 others losing. Gamblers are screwed over by the house(casino) and by the government where I live(USA). You can sit there and feed a slot machine $5000 and lose it all, then feed it $500 more for a total of $5500 in the slot. On the last spin you finally hit a bonus and win $1200 on that bonus. They make you pay taxes on that $1200 win even though you're still a loser on the night. Ridiculous!!!

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March 19, 2024, 03:49:41 AM
 #5

Is this true gambling is not place to make money is place to lose it?
Gambling can be whatever you make of it. As a person who gambles responsibly, it could be a place where you make money because you keep to the ethics of responsible gambling. As a person who gambles irresponsibly, it could be a place where you lose money because you break all the rules in the gambling book.
Our perspectives and opinions cannot all be the same. If you gamble more frequently(3-4 times per week), you'll experience more losses than wins. If you gamble less frequently (1-2 times per week) you'll have more wins than losses.
Again, gambling is not about how much time is spent. everything still depends on individual luck. even if it's only once a week, if you're lucky, you'll definitely get results from the game, the same goes for people who spend their time gambling.

However, you also need to remember that if someone spends a longer time, it will definitely have an impact on their psychology and addiction to playing. If someone can't control this, get lucky, however, if they can't stop, they will still face defeat.

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March 19, 2024, 03:52:09 AM
 #6

... and I don't think that the percentage of losers is greater than the winners .

Keep thinking, then.

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

If we talk about short term, you can win as well as lose, although you have the odds against you. In the long term, the longer the term, the more certain the loss.

Gamblers are screwed over by the house(casino) and by the government where I live(USA). You can sit there and feed a slot machine $5000 and lose it all, then feed it $500 more for a total of $5500 in the slot. On the last spin you finally hit a bonus and win $1200 on that bonus. They make you pay taxes on that $1200 win even though you're still a loser on the night. Ridiculous!!!

Yes, that's bullshit. Is it the same with poker? I doubt it because no one would make a net profit.

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March 19, 2024, 04:29:16 AM
 #7

... and I don't think that the percentage of losers is greater than the winners .

Keep thinking, then.

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

If we talk about short term, you can win as well as lose, although you have the odds against you. In the long term, the longer the term, the more certain the loss.

Gamblers are screwed over by the house(casino) and by the government where I live(USA). You can sit there and feed a slot machine $5000 and lose it all, then feed it $500 more for a total of $5500 in the slot. On the last spin you finally hit a bonus and win $1200 on that bonus. They make you pay taxes on that $1200 win even though you're still a loser on the night. Ridiculous!!!

Yes, that's bullshit. Is it the same with poker? I doubt it because no one would make a net profit.

With poker you have chips so it's not tracked. You can just cashout $1000 at a time if they started tracking it somehow, but sports, slots, anything that gives a ticket to you upon cashing out is taxed at $1200.

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March 19, 2024, 04:41:14 AM
 #8

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?

It is clearly proven that gambling is not an opportunity to make money but only to lose easily and quickly, but many people are very interested in playing there, in fact they do not hesitate to spend large amounts of money if gambling has entered their lives. thoughts then they will lose control and can gamble excessively.
And people who are interested there must have strong courage and patience because they must be able to accept all the risks from the gambling they do.
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March 19, 2024, 04:53:50 AM
 #9

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

If it were a place to lose money, perhaps no one would gamble today, but the fact is that it is still a place for people to make money. Even though the number of people who lose is more than the winners, people still choose gambling as their place to test their luck and earn money from it, even though they will most likely lose money because of the house edge, but that doesn't stop people from gambling - in fact on the contrary, the number of gamblers is now increasing because many people believe that gambling can make money quickly.

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March 19, 2024, 04:56:05 AM
 #10

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?
Do you really think that the number of losers is the same as the number of winners? Because if this is the case then you are mistaken, even if the house edge in most games and bets is small, those are only the chances of winning a bet in particular, if you were to consider a person making hundreds of bets, very soon you will find out that the majority of the persons doing this will lose their money and only a minority will become winners, so casinos are without a doubt a place where you will lose money and not really a place where you can earn it.
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March 19, 2024, 05:23:24 AM
 #11

Is this true gambling is not place to make money is place to lose it?
You can make money in gambling but not for long term and eventually, you'll incur losses that you might regret later on.

In short, if you are looking for a source of income gambling is not the right one simply because the risk and also your win here is not guaranteed.

Don't be fooled by anyone telling you that they win big in gambling because for sure, they have losses as well.

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March 19, 2024, 05:58:46 AM
 #12

Any business operate on the principle that it wants to profit and it wants to make money.

This is why casinos have a "house edge"... so no matter what happens with the betting, their income are guaranteed.

Casinos will continue to offer gambling options, until they go bankrupt..  then it is just logical that they will close their doors.

This can only happen if they mismange their operation or if someone found an exploit to drain their bankroll. 
 

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March 19, 2024, 06:04:51 AM
 #13

Is this true gambling is not place to make money is place to lose it?
The answer that will be given to this question may vary according to who is answering it (i.e Gambler vs Casino owners), because if it's to be a regular gambler, then they may say Yes, gambling is equally not the best place to make money, since if you are not lucky or rather skillful in analyzing games you are likely to lose all your funds. Because for every bet we staked, while gamblers always have 1% Chance of wining, they still also have 99% chance of losing that same bet staked.  Whereas, when it comes to casino owners, while they have 99% chance of winning each bet we stake, they always have 1% chance of losing.

Hence, the house always wins, which is why we keep seeing new casinos getting launched each day

 
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March 19, 2024, 06:11:30 AM
 #14

There are still people making money but not much. Most gamblers lose money, but there are people who do not care about winning or losing in gambling because they only determine that this is entertainment and they are simply spending money. In my opinion, the people who benefit the most and capture all the money in gambling are the bookies, who create the gambling playground for us to play. The winners only get a small portion of the loser's money, most of the remaining money goes into the house's pocket.

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March 19, 2024, 06:15:11 AM
 #15

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 but is place to lose it?

You can find the right answer yourself by becoming a gambler for a few months, you shouldn't accept an answer when you haven't experienced it yourself.

From the little experience I have had with gambling, losers are higher in numbers compared to winners, if you think otherwise then you don't have many friends as a gambler, I don't keep too many friends either but I happen to know a lot of neighbors and friends of a friend who are gamblers, losing is the game in gambling.

You will win when you don't expect it, and that's why gambling is a wrong choice for a source of income, you can easily lose money in gambling, so it is better to always use small money to take risks on gambling if you buy a stick sweet along the way and you lost it before reaching the next bus stop you won't be hurt compare to losing your transport money.

One has a higher value than the other, the money suited for gambling is the type you use for buying the stick sweet when you lose it you can easily buy another the next day or another day.

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March 19, 2024, 06:35:23 AM
 #16

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 but is place to lose it?

You can find the right answer yourself by becoming a gambler for a few months, you shouldn't accept an answer when you haven't experienced it yourself.

From the little experience I have had with gambling, losers are higher in numbers compared to winners, if you think otherwise then you don't have many friends as a gambler, I don't keep too many friends either but I happen to know a lot of neighbors and friends of a friend who are gamblers, losing is the game in gambling.

You will win when you don't expect it, and that's why gambling is a wrong choice for a source of income, you can easily lose money in gambling, so it is better to always use small money to take risks on gambling if you buy a stick sweet along the way and you lost it before reaching the next bus stop you won't be hurt compare to losing your transport money.

One has a higher value than the other, the money suited for gambling is the type you use for buying the stick sweet when you lose it you can easily buy another the next day or another day.

He does have the idea and we all know the odds favor the house. Yet he did ask if it was true.
Those who gamble still are the ones very adventurous to challenge the odds. A few of us are lucky to have made millions though and that alone has inspired many gamblers to also see for themselves. The warning is everywhere so if he is up for your challenge he will find out for himself.

For me its true. Gambling is not for all.

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March 19, 2024, 06:41:57 AM
 #17

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.

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March 19, 2024, 06:50:07 AM
 #18

If it were a place to lose money, perhaps no one would gamble today, but the fact is that it is still a place for people to make money. Even though the number of people who lose is more than the winners, people still choose gambling as their place to test their luck and earn money from it, even though they will most likely lose money because of the house edge, but that doesn't stop people from gambling - in fact on the contrary, the number of gamblers is now increasing because many people believe that gambling can make money quickly.
It's actually a place to lose money and people are always back to gamble even they know about that, it's because they're not looking to make money, but for fun. It's similar like holiday trip, carnival, circus etc, why many people willing to spend their money for those thing, when they can save it? it's for fun.

It's only their belief that gambling can make money, but if they track every of their bet, they're in loss.

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March 19, 2024, 06:55:23 AM
 #19

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 correct perception should be that gambling is a place for paid games to get pleasure. so if you are thinking about making money from gambling, then it is a wrong thought.
although in practice, we see more people who want to make money from gambling, not fun. That's a fact and must be acknowledged. because after all there is an attraction that is hard to resist from gambling. If you are a gambler, you will feel that.



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March 19, 2024, 06:59:16 AM
 #20

Gambling is an activity that has been around for long time and several countries have the perception that gambling is one of the cultural heritages of their ancestors, however this is an activity that carries great risk and can have bad impact on the perpetrator if they cannot protect themselves.
Development of gambling is indeed very rapid and currently gambling is known to all groups and all ages, concluding that what actually happens in gambling is an activity that is truly embedded in everyone lives.
Many gamblers can take the positive side of gambling and only lose small amounts of money, but there are also gamblers who lose lot of money and even experience ruin due to excessive and uncontrolled gambling activities.
Everything will depend on how each gambler has an attitude, mindset and approach to the gambling activities they undertake.

Quote
Is this true gambling is not place to make money is place to lose it?
Objectively, gambling is the same as wasting money, but there is purpose and approach to gambling activities, for those of us who gamble for fun and can manage our time and money, losing money is not something we regret because we enjoy doing it and our losses are not excessive.
Those who look complicated are those who gamble with ambition and are careless with big bets but are unable to accept defeat and cannot think well.

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