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Author Topic: Gambling is not place to make money is place to lose it?  (Read 1274 times)
junder
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April 02, 2024, 11:12:03 AM
 #181

Is this true gambling is not place to make money is place to lose it?
If your target is to make money from gambling, then you are setting trap for yourself, if you gambling just to make money, then you will be losing most of your money in gambling, and you will be winning once in a while, if you settle down and calculate the amount you have lost in gambling, and the amount you have won, then you will notice that your loss might be more than your win, but you won’t notice.

Most gamblers are always happy whenever they win, but the amount they have lost in gambling is just more than the amount they win.

Yes indeed this is a bad thing to do even if we have money we shouldn't do something crazy such as risking money with a large amount of money, we must be able to see the side of the loss that is definitely happening. Leaving the activities that we should do for the sake of gambling in my opinion is a bad action, because you should not also defend gambling desperately. Gambling with when you have free time, don't let gambling disturb your other activities that might be more important than gambling.

Gambling can indeed be addictive, many young people who live messy because they are too excessive when doing gambling, they are addicted to gambling, while gambling addictive is not a good thing, because by being addicted to gambling we will experience continuous gambling that can make We lose a lot of money. Because the victory in the gambling cannot be obtained easily, most likely what will be obtained is only a defeat that makes us lose some money and if we are addicted, the gambling that cannot be stopped with other meanings is the same as our money that will be drained a lot by doing gambling endlessly.

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April 02, 2024, 12:36:23 PM
 #182

The percentage of people losing their bet is far greater than those winning their ticket. Casinos would have been seized to exit if the opposite is the case due to liquidation and bankruptcy. However, it's not true that gambling is a place to lose since it's not a place to make money. This statement is being used to create awareness among gamblers whom might have the believe of becoming rich through gambling. Quite alright, there are few people out there making a decent amount from gambling but that's not always the case.

The reality about gambling is that, it's actually a place to pass out time and have some entertainment with your money while there's possibility of making more money in the process but that should be the last thought in your mind. Thinking you can make money from gambling on a norms is misleading one's self and shying away from the reality. You don't want to lose? Kindly stay away from it.
Although that is true, the fact that the illusion of making money is there is basically the main driver of gamblers.

If the games were the same, but you would only win points instead of money, they would be not as popular as they are today.

Gambling is popular because of the illusion of becoming rich, not the entertainment value.
That is still the only reason why people gamble. Just this year, we have seen some turn 50 dollars into FORTY TWO MILLION dollars, that is insane, that is not realistic, I would even say that was a lie if I didn't see it coming from a place we trust. Sportsbet.io had that, and it was incredible and still can't believe that the money was paid and withdrawn that quickly, dude took the money and left right away.

I would have done the same thing to be fair to make sure it's real and not a fake win. So these type of news, where very very very tiny portion of gamblers, as in one in many tens of thousands, end up with a big win, makes people want to gamble and hope that they would be the same thing in the end as well.

.
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April 02, 2024, 01:23:08 PM
 #183

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 has less winners and many losses. It's the casino that win in the long run, it's as simple as that. I have seen a lot of strategies by some group of people on how to win the casino but the casino seems to be the only people winning. Some gamblers gamble in groups in a way that when they win a game, the casino make payout in huge but the day they lose, many loses are accounted for and casino prints more of the money.

Some people will tell you that gambling is a place to make money and I will say that's true but only for few people, and the fact that only few players makes money from it justify it that it's not a place to print money, you will end up printing loss but if you are smart and skill, you will be among few that makes money from gambling.

R


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April 02, 2024, 05:29:30 PM
 #184


Although that is true, the fact that the illusion of making money is there is basically the main driver of gamblers.

If the games were the same, but you would only win points instead of money, they would be not as popular as they are today.

Gambling is popular because of the illusion of becoming rich, not the entertainment value.
That is still the only reason why people gamble. Just this year, we have seen some turn 50 dollars into FORTY TWO MILLION dollars, that is insane, that is not realistic, I would even say that was a lie if I didn't see it coming from a place we trust. Sportsbet.io had that, and it was incredible and still can't believe that the money was paid and withdrawn that quickly, dude took the money and left right away.

I would have done the same thing to be fair to make sure it's real and not a fake win. So these type of news, where very very very tiny portion of gamblers, as in one in many tens of thousands, end up with a big win, makes people want to gamble and hope that they would be the same thing in the end as well.

True, I think we all and they can't always lie about the purpose of gambling, there are some people who say they gamble with the intention and purpose of entertainment, that may be true but I think winning big money is the most important goal and reason for gambling and maybe the idea of entertainment is something they will say if at the end of the session they lose haha. The win you're talking about someone turning tens of dollars into tens of thousands of dollars from gambling is a huge amount of winnings which obviously can make most gamblers who know about it feel more excited and feel like they're motivated to go even crazier in their gambling activities.

All that they do is mostly aimed at getting a big win, they think that they can get a big win like what other people get, without knowing that it's not easy to get it and they don't know about how much previous losses have been experienced by people who managed to get such big wins, and yes the conclusion is that some tantalizing events that have been obtained by someone in gambling are very clear that it can make other gamblers feel challenged which makes it even to the point of legalizing all means, while there is absolutely no certainty in gambling.

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April 02, 2024, 07:09:20 PM
 #185

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 should be approached with the mindset of spending on entertainment, where the value comes from the enjoyment of the game rather than the financial outcome. It’s about the fun and excitement, understanding that winning is a bonus, not the expectation.

Yes, that's right, from the beginning we have to think in that direction where let's just say that the money you have deposited in the gambling account is money that will be lost or has a great potential to be lost, because with this kind of risk acceptance, in my opinion it is less likely for the gambler to end up feeling too emotional due to defeat, which is usually a situation that can trigger a lot of out-of-control actions such as chasing losses based on desperation and emotion which usually makes the situation worse.

This kind of mindset aims to make a person more awake or avoid dominating emotions due to defeat, this is also the reason why we are advised to put the amount we can afford because with this approach you will be able to become one of the gamblers who have a responsible mentality which means not experiencing any emotion or upset due to defeat or understanding that gambling is about winning and losing, and addressing victory as nothing more than a bonus to the game you are playing is a much better mindset.

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April 03, 2024, 11:30:36 AM
 #186

Some of those who depend on gambling are usually unemployed, that's why every gambler must be aware that life requires money and gambling is not a place to make money as many people say, I personally need to work to provide for my life and my family. , at least I can still leave a little budget for gambling, and even then I only gamble on weekends with a predetermined budget limit, sometimes we need something called earning money to meet our needs, especially for gambling just to find pleasure in it.

Too many people see rich gamblers having fun with their money, but those who gamble because they are poor try to try their luck in making money in gambling, even though they should be aware that gambling was created for rich gamblers to have fun with their money, not for poor gamblers, but very It's unfortunate to see the fact that currently there are many poor gamblers who are addicted to gambling there, they only work side jobs to earn money and then put it into gambling without needing to prioritize other life needs, let alone their families, many gamblers are misguided so they lose their true purpose for gambling. they don't open their minds to look further into their future.
If they are unemployed and select gambling to make money, they will not have a chance to make money instead just loses their money. They will difficult to recovers their lost money when they already loses and only makes them to have intentions to recovers their lost. They must realizes that they make a wrong decision to used gambling to be a place to make money and needs to change their minds and search for the other ways to make money. If they continue what they did, they will not make money instead lose more money.

If people just see rich gamblers who playing gambling, they will not make money from gambling because gambling is not for make money. When they are poor and decided to make money from gambling, they must realizes that will only makes their lose their money without make money. Rich gamblers used gambling to have fun and not just make money because they thinks that win on the gambling games is just a bonus and they don't chase the win because that is difficult. Poor gamblers thinks that they can win the gambling games and make money but that will not easy because they must lose their money before they can make money. But that will not guarantee they can make money because gambling is not the same as the work.

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April 03, 2024, 01:15:32 PM
 #187

Of course, most players lose. And the percentage of losers is very high compared to, for example, trading. In trading, the winning percentage fluctuates around 3-5% or even slightly higher. And in gambling, apparently, it is less than 1%. Moreover, this 1% almost always includes the casino. But how many regular players are in the top 1% of winners outside the casino? I think even a smaller part. As a result, the winning percentage is actually around 0.1%. This is the winning number I'm leaning towards. Therefore, the chances of the average player getting into this 0.1% are extremely low. This needs to be understood.
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April 03, 2024, 01:31:18 PM
 #188

Of course, most players lose. And the percentage of losers is very high compared to, for example, trading. In trading, the winning percentage fluctuates around 3-5% or even slightly higher. And in gambling, apparently, it is less than 1%. Moreover, this 1% almost always includes the casino. But how many regular players are in the top 1% of winners outside the casino? I think even a smaller part. As a result, the winning percentage is actually around 0.1%. This is the winning number I'm leaning towards. Therefore, the chances of the average player getting into this 0.1% are extremely low. This needs to be understood.
It's completely true that the percentage of people who consistently win in gambling is very small. This to tell two things. First is that, there are very few people who actually understand how gambling really works, and that is why the rate of losses is relatively greater than that of winnings. And secondly, this is to tell us that regardless of the fact that gambling is pretty difficult, those who have actually mastered the act of gambling are constantly winning and benefiting from gambling. This is mostly where most inexperienced gamblers draw their inspection from and go in and put their finances at risk because of their inexperience.

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April 03, 2024, 04:18:17 PM
 #189

It's completely true that the percentage of people who consistently win in gambling is very small. This to tell two things. First is that, there are very few people who actually understand how gambling really works, and that is why the rate of losses is relatively greater than that of winnings. And secondly, this is to tell us that regardless of the fact that gambling is pretty difficult, those who have actually mastered the act of gambling are constantly winning and benefiting from gambling. This is mostly where most inexperienced gamblers draw their inspection from and go in and put their finances at risk because of their inexperience.
It's true, because it's clear that the percentage of losses compared to wins is a greater percentage of losses for gamblers, but for the host they have a large percentage of wins and that can't be changed, so it's not surprising that many gamblers experience defeat or lose money by doing so.  Because gambling is something that will definitely happen, it has become a fixed rule that cannot be changed, with the house owner having a bigger advantage than ordinary players. However, even so, there are still many gamblers who don't care about this, they only gamble and only think about winning, so they don't think about the many losses that occur.
That makes sense, maybe it's because of their lack of experience that they can easily get attracted to gambling so they get trapped in a detrimental cycle such as being addicted to gambling and then losing more money They should be aware of the percentage of the house that has a bigger advantage,  maybe if they are aware of this they will not gamble excessively.

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April 03, 2024, 06:13:08 PM
 #190

Is this true gambling is not place to make money is place to lose it?
No institution was created for individuals to make money from them, without the owners aiming for profits. For any institution that involves money and it is on trying your luck, it is most likely that people will lose money from them and the number of wins won't be much. Talking about the gambling in question, a reasonable and responsible person who understands what it means for one to venture into something that is based on luck, wouldn't like to take gambling as a place to make money for themselves, rather it will be a place for them to entertain themselves on how lucky they can be on bets.

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April 03, 2024, 06:22:25 PM
 #191

Is this true gambling is not place to make money is place to lose it?
No institution was created for individuals to make money from them, without the owners aiming for profits. For any institution that involves money and it is on trying your luck, it is most likely that people will lose money from them and the number of wins won't be much. Talking about the gambling in question, a reasonable and responsible person who understands what it means for one to venture into something that is based on luck, wouldn't like to take gambling as a place to make money for themselves, rather it will be a place for them to entertain themselves on how lucky they can be on bets.
If we do really just that simply make use of our own common sense then this is really actually the thing that we would really be having in mind on which there would really be no establishments that been created
for making people to make money on having that way. They do rather create this business to snip out money from those people or it is really just that simply the opposite. People cant really be able to make out those realization in the first hand. This is why it would really be always best that you should really be treating up gambling for having that fun and not making it as a job because this is where gamblers do really mess
up their lives due into those kind of wrong beliefs or ideas.

Usually they would really be just that making those kind of adjustments or learnings on the time that they would really be experiencing those challenges that they do experience it out on gambling.
It was never meant for people to make money. The sooner you would be able to realize those things then expect that you have already lost up tons.
This is why self realizations and awareness is really that crucial into these kind of moments.

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April 03, 2024, 06:23:30 PM
 #192

See that title? That's not wrong but that's not right also because you don't have to necessarily lose your money gambling, you've got this innate feeling in you that no matter what, you're going to try your best to win but in most people they manifest that feeling which makes it all wrong for everyone gambling, I don't think that's a place you should lose your money no matter what, gambling is all about taking chances, that means there's a chance that you'd win.



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April 04, 2024, 07:31:11 AM
 #193

See that title? That's not wrong but that's not right also because you don't have to necessarily lose your money gambling, you've got this innate feeling in you that no matter what, you're going to try your best to win but in most people they manifest that feeling which makes it all wrong for everyone gambling, I don't think that's a place you should lose your money no matter what, gambling is all about taking chances, that means there's a chance that you'd win.

Yeah, it is not 100% guaranteed you will lose your money, but it is the expected outcome.

If you are OK with that, and see this as some kind of entertainment with the small option to win money, then it's fine.

But you need to be OK with the idea of losing it all because that's what will most probably will happen.

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April 05, 2024, 03:49:05 PM
 #194

Efforts to recover from losses are very normal attitude and can even be done by most gamblers, anyone who bets with money that they cannot receive when lost will definitely feel regret and want to get all the money back.
This is where the problem begins where they will continue to think about how to get back the amount of money they have lost and in the end they play more with an increasing number of bets that do not match their abilities, many even risk all the money.
However, in the end they did not get back the amount of money they previously lost but instead lost more money when they tried to recover the loss, lots of incidents like this happen everywhere.
With so many incidents like this, it should be lesson and also an experience that in the future should be able to avoid all these attitudes, but basically humans always have their own mindset so it will be difficult to learn what to avoid.

If many gamblers have the understanding that gambling is not place to make money and can only be used as means of entertainment and that what is guaranteed in gambling is not victory but defeat, then it is clear that there will be no gamblers who will recover losses or have the ambition to become rich from gambling.
Even if we only play with amounts we can afford to lose and lose it, there is still a bit of regret there and sometimes attempts us to try and recover them. This should be the design of gambling, for the people to chase their losses. This is why it's beneficial to just don't play gambling at all, so that you won't have a lose that you will chase endlessly. Learning of what to avoid is not difficult but what difficult is to apply it.

We can only wish that many gamblers will have that mindset you said there, so that many people can now live very well. They can still play gambling without stakes or real money involved and continue to get entertained by it. They can also find other ways to entertain themselves if that will only make them go back to their addiction again.

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April 05, 2024, 04:20:14 PM
 #195

Yeah, it is not 100% guaranteed you will lose your money, but it is the expected outcome.

If you are OK with that, and see this as some kind of entertainment with the small option to win money, then it's fine.

But you need to be OK with the idea of losing it all because that's what will most probably will happen.

If everyone realized that gambling would only result in defeat, then they should use the money they afford to lose. But in reality it is not that easy because gambling can really trigger excitement. It does not rule out the possibility that it could cause someone to become addicted which could make them act impulsively. If they get to this stage, they will lose everything they have.

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April 05, 2024, 07:09:04 PM
 #196

Gambling for me is termed an Arena were both lossers and winners co-exist,because while some are winning some are losing and vice versa. Either you win or lose its unpredictable as you only get the results of your predictions nothing more or less. Before any one gamble you are already sure you can afford to lose that money and not let expectations dumb you.
In gambling you must surely lose, and  data shows that over 70% lose more than they win, so to balance up you risk within your range(limit) also having a stipulated risk tolerance level to limit your exposure to  more loses, the sites is a business and as such profits must be made, so you don't expect they will be in a position to allow winnings.
It normal to lose same as its normal to win, just don't overlap or place too much value on Gambling therefore neglecting important needs and development in other areas of your life.
In reality we all want to win, and the triggers in our brain if not controlled can lead to Addiction and financial issues, most persons in debt today is as a result of gambling so we learn and also take precautions to avoid such situations in our own case.

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April 05, 2024, 08:26:34 PM
 #197

Gambling is an industry you can participate in to have fun, it should be seen as fun, a hobby. You should not see gambling as a guarantee to make money. Obviously you will win sometimes but you will also go through periods where you lose. You don’t see many broke bookies do you.

Practise responsible gambling and you will be OK. All reputable bookies/sportsbooks/casinos will have responsible gambling ads plastered all over the place, this is to help you.

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April 05, 2024, 09:21:23 PM
 #198

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 other gamblers can believe that, but they will still continue to play because they may also believe in luck being called, but for most gamblers, they don't believe that for sure.
I see a lot of gamblers who, even though they know that they often lose gambling, still continue to gamble,

and that is because they think that luck will come to them and, when it comes to them, they will also recover all their losses. gambling money more so that they can get rich immediately;
that's the mindset that is formed in their minds.



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April 05, 2024, 09:26:50 PM
 #199

Gambling is an industry you can participate in to have fun, it should be seen as fun, a hobby. You should not see gambling as a guarantee to make money. Obviously you will win sometimes but you will also go through periods where you lose. You don’t see many broke bookies do you.

Practise responsible gambling and you will be OK. All reputable bookies/sportsbooks/casinos will have responsible gambling ads plastered all over the place, this is to help you.

You get to win when you take it for fun but not as a rich quick scheme else you will go broke trying weekend after weekend.
The game is to be taken gradually so you don't apply too much pressure.

Exactly. Don't steal to gamble. Borrow,  taking loans and all that doesn't involves responsible gambling should not be practised. Though  I have seen casino's and other betting sites turn beggersto millionaires. Anything can happen with luck and grace. As also good decisions when made.

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April 05, 2024, 10:51:05 PM
 #200

See that title? That's not wrong but that's not right also because you don't have to necessarily lose your money gambling, you've got this innate feeling in you that no matter what, you're going to try your best to win but in most people they manifest that feeling which makes it all wrong for everyone gambling, I don't think that's a place you should lose your money no matter what, gambling is all about taking chances, that means there's a chance that you'd win.
I agree with you. The thing is, you don't have to fully have it in mind that you are going to a casino to make money out of it. You can have fun in mind about why you are going there, but the little part of you can also have that fun in mind. It's also possible that I can earn a little from it by spending time at the casino and my little money, which I wager on games. 
 
If one carries winning and making money from a casino too much on their mind, they might most times just end up losing more money into the casino. Why try to make a profit? Because the more you lose, the more you might try to recover that which you have lost, and the more you chase those losses, the more you will go even deeper without realising it.

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