Gambling is not place to make money is place to lose it?

[Tmoonz]

I think that few gamblers keep accurate statistics of their defeats and victories, and they perfectly understand how much they won and how much they lost. They probably only remember about the number - I think that memory tries not to keep sad memories of losses, but victories are remembered very vividly. Therefore, many gamblers may have the illusion that they won more, although in fact this will not be the case at all. That's why casinos try to make bright pictures of victories in slots, for example, but they don't beat defeats visually at all.

I have always personally adviced against keeping a track record of one's losses and wins in gambling, for some reason I assume it could encourage gamblers to stay even or get money out the casino in the long run. We all know that is not a good idea, at all, since the house always wins in the long term (there are very few exceptions).
If a gambler keeps a well organized record in a spreadsheet of his gambling sessions, they will know exactly how much they have lost.

Keeping tracks or records of one gambling activities is very good and there is nothing absolutely wrong with it, as it tend to give the very clue of how much you are allocating to gambling in terms of the resources, energy and time, as over allocations can be very problematic and possibly lead to addiction, at most times when your records shows much of Lossing than winning one may decide  to go for break or probably change pattern of gambling that may seem more favorable than the previous strategy of gambling because sometimes it is very good to change gambling pattern if the previous strategy is not being favorable.

[Fivestar4everMVP]

I think that few gamblers keep accurate statistics of their defeats and victories, and they perfectly understand how much they won and how much they lost. They probably only remember about the number - I think that memory tries not to keep sad memories of losses, but victories are remembered very vividly. Therefore, many gamblers may have the illusion that they won more, although in fact this will not be the case at all. That's why casinos try to make bright pictures of victories in slots, for example, but they don't beat defeats visually at all.

I have always personally adviced against keeping a track record of one's losses and wins in gambling, for some reason I assume it could encourage gamblers to stay even or get money out the casino in the long run. We all know that is not a good idea, at all, since the house always wins in the long term (there are very few exceptions).
If a gambler keeps a well organized record in a spreadsheet of his gambling sessions, they will know exactly how much they have lost.

Keeping tracks or records of one gambling activities is very good and there is nothing absolutely wrong with it, as it tend to give the very clue of how much you are allocating to gambling in terms of the resources, energy and time, as over allocations can be very problematic and possibly lead to addiction, at most times when your records shows much of Lossing than winning one decide to go for break or probably change pattern of gambling that may seem more favorable than the previous strategy of gambling

Well, keeping a record of one's gambling activities and it's expenses is definitely a good idea, but wrong to say that it's one that has absolutely nothing wrong with it, there are definitely some cons that comes with keeping record of one's gambling activities, and I will explain this a bit below.

It is often said that some things are better left unsaid, or not heard of, so also in gambling, some people are better off not having a record of their gambling activities, because without proper handling of such information, it could lead the gambler into not just regrets. But depression as well, and most of all is that, keeping such record can drive one into becoming a gambling addict, how? (you might want to ask), well answer is simple, imagine not having a penny today to spend on important things, and you go back to your gambling record and discovered that you have successfully gambled away hundreds of thousand of dollars some few months ago, will you be proud of yourself knowing this? Of course not, such can only cause regrets and unhappiness, and it might even drive such person to want to go into revenge gambling, to try to recover that money he or she has lost, and this is usually an automatic ticket to becoming a gambling addict.

[piebeyb]

I believe that we are going to end up with something that will not be possible if we want to make it a source of income, because you can't keep making profit after profit forever. So, I think one is normal and possible while the other one is not that possible and could be a different situation based on what we know.

When someone considers gambling as a source of income, usually he is just an unemployed person who doesn't have a job, people like this usually have assets or money from their parents so they don't want to compete with other people in business or in real work so they consider gambling as a source of income. even though this is not justified because no gambler wins every day because gambling is not a place to make money which in the end will only make people lose a lot of money and it will also end in the same way, namely gambling addiction. This is a common thing that often happens in cases of gamblers like this who always consider gambling as a source of income.

[Tmoonz]

I think that few gamblers keep accurate statistics of their defeats and victories, and they perfectly understand how much they won and how much they lost. They probably only remember about the number - I think that memory tries not to keep sad memories of losses, but victories are remembered very vividly. Therefore, many gamblers may have the illusion that they won more, although in fact this will not be the case at all. That's why casinos try to make bright pictures of victories in slots, for example, but they don't beat defeats visually at all.

I have always personally adviced against keeping a track record of one's losses and wins in gambling, for some reason I assume it could encourage gamblers to stay even or get money out the casino in the long run. We all know that is not a good idea, at all, since the house always wins in the long term (there are very few exceptions).
If a gambler keeps a well organized record in a spreadsheet of his gambling sessions, they will know exactly how much they have lost.

Keeping tracks or records of one gambling activities is very good and there is nothing absolutely wrong with it, as it tend to give the very clue of how much you are allocating to gambling in terms of the resources, energy and time, as over allocations can be very problematic and possibly lead to addiction, at most times when your records shows much of Lossing than winning one decide to go for break or probably change pattern of gambling that may seem more favorable than the previous strategy of gambling

Well, keeping a record of one's gambling activities and it's expenses is definitely a good idea, but wrong to say that it's one that has absolutely nothing wrong with it, there are definitely some cons that comes with keeping record of one's gambling activities, and I will explain this a bit below.

It is often said that some things are better left unsaid, or not heard of, so also in gambling, some people are better off not having a record of their gambling activities, because without proper handling of such information, it could lead the gambler into not just regrets. But depression as well, and most of all is that, keeping such record can drive one into becoming a gambling addict, how? (you might want to ask), well answer is simple, imagine not having a penny today to spend on important things, and you go back to your gambling record and discovered that you have successfully gambled away hundreds of thousand of dollars some few months ago, will you be proud of yourself knowing this? Of course not, such can only cause regrets and unhappiness, and it might even drive such person to want to go into revenge gambling, to try to recover that money he or she has lost, and this is usually an automatic ticket to becoming a gambling addict.

You have made a good point actually but it seems we are both saying the same thing at some point where mentioned that one can decide to take a break on realizing that they have over allocated much of their resources on gambling and this can only becomes noticeable through the record book if not there is no way this can be traceable, there is nothing wrong giving gambling activities some break when one feels it is necessary to do that in order to become stable and responsible in the act in dealings with gambling activities.

[Rabata]

Addiction will completely blind the victim so they do not know they are addicted. I don't think there is any solution for someone who is addicted to gambling. Unless there is an isolated place where such persons will be kept without them getting to go close to mobile phones, laptops, Internet or anything that can facilitate gambling for years. Perhaps they might let go of the addiction.

Yes, nowadays getting out of addiction is not easy. Even if one changes his place, it is not possible to get away from his addiction because in this age there is internet connection and smart phone almost everywhere in the world where a person cannot hide himself form gambling. But only if he can control by himself then he can get out of addiction. Gamblers should control themselves beforehand so that they don't get addicted otherwise it will be difficult to control later. And for this reason, if you can manage gambling as much as you can without thinking of any source of income from the gambling platform, you can keep yourself away from getting addicted.

[Nwada001]

Two types of probabilities one profits another loses.
No gambler can be found who has only profited but no loss on his tide bets. Participating in gambling must involve two types of possibilities. If anyone thinks that I will only profit by participating, then he is an absolute fool. So gambling is a place where you can pay both profit and loss. But in my case statistics show that the amount of loss is more than the gain because luck does not favor me in gambling.

The winning rate is always lower than the losing rate, and the casino's is always the one that takes the higher percentage of whatever the gamblers pump into the system. 
 
Despite the losing and winning we experience in gambling, there are people who believe they have had more winning from the casino than what they have lost to them, which, to some point, I believe is based on the high amount that they have won.
 
But for some people, even if they round up their biggest cash out winnings together, it can't even amount to the total loss they have had their entire gambling life.

[ethereumhunter]

Trying to win money from gambling, and making it a source of income are not the same things. We should remember that we are not going to get the same result at all. If you want to make some money while gambling then you are doing the right thing because there is literally two possibility of a bet, you either win or you lose and if you prefer to win then it's only natural and while you may lose, if you win then you would be happy about it. Whereas, if you want to make it a source of income, then you do not just "want to win", you literally expect to win and you expect it long time as well, you expect it to be something much bigger.

I believe that we are going to end up with something that will not be possible if we want to make it a source of income, because you can't keep making profit after profit forever. So, I think one is normal and possible while the other one is not that possible and could be a different situation based on what we know.

But that will gives the same outcomes which is lose the money we have. We must realizes that playing gambling can't gives you the wins easily so we must prevents from using much money because that can leads us to lose the money. Maybe you can wins the games and make money but that will not always happens to you because gambling is not a place to make money. The right place to make money is from your business or your jobs so you must understand how to use gambling properly. Besides that, we will be difficult to make money if you still trying to wins the games.

We can't make gambling as a source of income because the risks is not worth to gets so we must use gambling like it was and only use it for have fun. We can only prevents ourselves from the big lose in gambling so that will gives us a way to saves our money and not lose the money in gambling.

[Mr.suevie]

I think that few gamblers keep accurate statistics of their defeats and victories, and they perfectly understand how much they won and how much they lost. They probably only remember about the number - I think that memory tries not to keep sad memories of losses, but victories are remembered very vividly. Therefore, many gamblers may have the illusion that they won more, although in fact this will not be the case at all. That's why casinos try to make bright pictures of victories in slots, for example, but they don't beat defeats visually at all.

I have always personally adviced against keeping a track record of one's losses and wins in gambling, for some reason I assume it could encourage gamblers to stay even or get money out the casino in the long run. We all know that is not a good idea, at all, since the house always wins in the long term (there are very few exceptions).
If a gambler keeps a well organized record in a spreadsheet of his gambling sessions, they will know exactly how much they have lost.

Keeping tracks or records of one gambling activities is very good and there is nothing absolutely wrong with it, as it tend to give the very clue of how much you are allocating to gambling in terms of the resources, energy and time, as over allocations can be very problematic and possibly lead to addiction, at most times when your records shows much of Lossing than winning one may decide  to go for break or probably change pattern of gambling that may seem more favorable than the previous strategy of gambling because sometimes it is very good to change gambling pattern if the previous strategy is not being favorable.

Well it's good for some person to keep track but I really don't want to because I already know am okay with my gambling habits and I think the only time I would check is if I know very well for myself that am getting off with my playing of bet and we all know that especially those that are just starting but some gamblers tend to live in denial saying they actually don't but fail to face the bitter truth about their slow addiction.

[Betwrong]

~ Yes, but that's the thing though, the entertainment comes with the idea that you might get money.

If you remove the money from the equation, say you play for free in those casino games, then suddenly it is not as fun any more.

That's right, playing demos with the so-called "fun money" is no fun at all. I'd say it's even depressing sometimes, when you win big, but in reality it's nothing. I think you can find a lot of entertaining activities that would be boring sans some risk. A roller coaster, an observation wheel and mountain climbing are just a few of them.

It's only when you bet real money that it gets fun and entertaining, but also quite expensive.

You can make it not that expensive if you want. Bet only $0.10 or $0.20 on slots, and you will not lose a lot even with a hundred of spins, but you will be betting with real money still, so, in case you hit a high multiplier, like 10,000x, your prize will be great.

[junder]

Addiction will completely blind the victim so they do not know they are addicted. I don't think there is any solution for someone who is addicted to gambling. Unless there is an isolated place where such persons will be kept without them getting to go close to mobile phones, laptops, Internet or anything that can facilitate gambling for years. Perhaps they might let go of the addiction.

Yes, nowadays getting out of addiction is not easy. Even if one changes his place, it is not possible to get away from his addiction because in this age there is internet connection and smart phone almost everywhere in the world where a person cannot hide himself form gambling. But only if he can control by himself then he can get out of addiction. Gamblers should control themselves beforehand so that they don't get addicted otherwise it will be difficult to control later. And for this reason, if you can manage gambling as much as you can without thinking of any source of income from the gambling platform, you can keep yourself away from getting addicted.

when they are addicted, of course it will be difficult to get out of the addiction, they will not easily get out of the addiction or be able to recover to normal, what's more, if they don't have awareness then it is very unlikely that they will be able to stop or recover. Apart from that, what you say is true, especially now that everywhere is no longer familiar with the internet or gadgets, it is even less likely that they can spend their daily lives without gadgets and an internet connection. unless they have good awareness and they are consistent in the process of staying away from gambling, with good self-control even though they still use gadgets and internet connections they can refrain from gambling.

Restraining oneself when gambling is not an easy thing, especially if they are not good at controlling themselves then addiction will be difficult to avoid. Before gambling, we hope we can consider everything carefully, think about whether we can control ourselves well or not. Many gamblers initially have targets or limits, but the attraction of gambling is very strong, so it's not surprising that they lose control of themselves and their limits when they gamble.

[danherbias07]

It's only when you bet real money that it gets fun and entertaining, but also quite expensive.

You can make it not that expensive if you want. Bet only $0.10 or $0.20 on slots, and you will not lose a lot even with a hundred of spins, but you will be betting with real money still, so, in case you hit a high multiplier, like 10,000x, your prize will be great.

This is what I do and I got lucky a few times. One by hitting the max win of x5000 and then another one at RIP City with x3000+. What I did was withdraw quickly after I received the prize. I did not even think twice and I just left a few dollars in my wallet so I could still play in a different game.
Truly, gambling is not a place to make money but there will be times when an opportunity will come and we should take advantage of it, just like what happened to me. Let's not waste that moment and decide better on what to do with the money after a win.

Until now I keep doing the same thing but I do pause when I feel like I am on a losing streak. $0.1 might not be too much but if you keep on losing for 100-200 rolls, that will be a lot.

[mirakal]

I believe that we are going to end up with something that will not be possible if we want to make it a source of income, because you can't keep making profit after profit forever. So, I think one is normal and possible while the other one is not that possible and could be a different situation based on what we know.

When someone considers gambling as a source of income, usually he is just an unemployed person who doesn't have a job, people like this usually have assets or money from their parents so they don't want to compete with other people in business or in real work so they consider gambling as a source of income. even though this is not justified because no gambler wins every day because gambling is not a place to make money which in the end will only make people lose a lot of money and it will also end in the same way, namely gambling addiction. This is a common thing that often happens in cases of gamblers like this who always consider gambling as a source of income.

Then they blame gambling for losing their money...that is a big joke from a person who thinks that gambling gives them a fortune.

Maybe I would understand because of their desperation and want to please themselves will go to the casino but for the sake of making money from there, that is absolutely a wrong move they take. They should educate themselves first about gambling or else, they are making themselves a victim of false hopes.

Only the casino owners benefit a lot from this and as a gambler, we are aware already that luck never always comes, therefore, we don't expect winning as well.

[noormcs5]

Keeping tracks or records of one gambling activities is very good and there is nothing absolutely wrong with it, as it tend to give the very clue of how much you are allocating to gambling in terms of the resources, energy and time, as over allocations can be very problematic and possibly lead to addiction, at most times when your records shows much of Lossing than winning one may decide  to go for break or probably change pattern of gambling that may seem more favorable than the previous strategy of gambling because sometimes it is very good to change gambling pattern if the previous strategy is not being favorable.

I think you should keep track of how much money you are allocating for gambling so that you do not spend too much on gambling that it affects your other expenses.
However, if you say to keep track of all the gambling games we play and the matches we bet on, then it is quite a hectic task and I don't think that a gambler should be so much involved in such calculations. This will just make your life more complicated and maybe you won't be having a fun feeling with too many things in mind. 

[Blitzboy]

`

when they are addicted, of course it will be difficult to get out of the addiction, they will not easily get out of the addiction or be able to recover to normal, what's more, if they don't have awareness then it is very unlikely that they will be able to stop or recover. Apart from that, what you say is true, especially now that everywhere is no longer familiar with the internet or gadgets, it is even less likely that they can spend their daily lives without gadgets and an internet connection. unless they have good awareness and they are consistent in the process of staying away from gambling, with good self-control even though they still use gadgets and internet connections they can refrain from gambling.

Restraining oneself when gambling is not an easy thing, especially if they are not good at controlling themselves then addiction will be difficult to avoid. Before gambling, we hope we can consider everything carefully, think about whether we can control ourselves well or not. Many gamblers initially have targets or limits, but the attraction of gambling is very strong, so it's not surprising that they lose control of themselves and their limits when they gamble.

Troublesome addiction. Willpower isnt everything. Some technologies today seem geared to keep you hooked. They're like pocket slot machines asking for you. Get up. Recognize the problem. Your not "playing a game" Gambling involves a decision. And the house wins every time.

The internet is good and bad. Utilize it prudently. Instead of downloading a gambling software, call someone. Get help. Get a new interest. Start a business. Filling that gap with something good and real. Recovery has multiple phases. Daily fight. You're not alone. There's a world of help. You must fight. You must want it. Believe me, you'll be stronger than you think after this fight.

[Accardo]

Keeping tracks or records of one gambling activities is very good and there is nothing absolutely wrong with it, as it tend to give the very clue of how much you are allocating to gambling in terms of the resources, energy and time, as over allocations can be very problematic and possibly lead to addiction, at most times when your records shows much of Lossing than winning one may decide  to go for break or probably change pattern of gambling that may seem more favorable than the previous strategy of gambling because sometimes it is very good to change gambling pattern if the previous strategy is not being favorable.

I think you should keep track of how much money you are allocating for gambling so that you do not spend too much on gambling that it affects your other expenses.
However, if you say to keep track of all the gambling games we play and the matches we bet on, then it is quite a hectic task and I don't think that a gambler should be so much involved in such calculations. This will just make your life more complicated and maybe you won't be having a fun feeling with too many things in mind. 

Gambling activities would have to be recorded in terms of self regulation and examination. Having such exercise in place would help a player monitor his activities and actions, as a reminder. Without having our records they'll be no traces of our mistakes. And it'll make the player to go compulsive someday, if he doesn't stay careful.

Recording puts the player in some control of his actions. Although it's weary to always put down records of our gambling activities, yet it worths the time being spent doing it. Money has to be traced, recorded and being watched over how it's been spent. Gambling is an activity that consumes money and shouldn't be allowed to go untracked.

[Juse14]

~

Gambling activities would have to be recorded in terms of self regulation and examination. Having such exercise in place would help a player monitor his activities and actions, as a reminder. Without having our records they'll be no traces of our mistakes. And it'll make the player to go compulsive someday, if he doesn't stay careful.

Recording puts the player in some control of his actions. Although it's weary to always put down records of our gambling activities, yet it worths the time being spent doing it. Money has to be traced, recorded and being watched over how it's been spent. Gambling is an activity that consumes money and shouldn't be allowed to go untracked.

Yups, Every single instance of gambling must be meticulously logged: only through this method can players keep a watchful eye on their actions and be cognizant of their habits. If the trail of one's gambling activity is not marked with precision due to lack of proper record keeping, it fosters the risk that compulsive behavior may develop in future situations where caution is not exercised.

Note-taking, although seemingly cumbersome as an approach to logging every gambling activity, actually plays a crucial role in helping players stay in command of their actions. It allows individuals to keep tabs on the amount of money poured into gaming, aiding realization on the quantum outflow thereby facilitating better decisions on the time and mode of indulgence. This is also instrumental in enabling one to pick cues early enough about a budding gambling issue; hence better placed to nip it at the bud.

[Zigabel]

Keeping tracks or records of one gambling activities is very good and there is nothing absolutely wrong with it, as it tend to give the very clue of how much you are allocating to gambling in terms of the resources, energy and time, as over allocations can be very problematic and possibly lead to addiction, at most times when your records shows much of Lossing than winning one may decide  to go for break or probably change pattern of gambling that may seem more favorable than the previous strategy of gambling because sometimes it is very good to change gambling pattern if the previous strategy is not being favorable.

Doing this is very good and can help you gamble better and sometimes more disciplined such that you don just spend money indiscriminately, but then you can be tempted to chase losses especially when you see that you are loosing more than you are gaining, that is a really strong reason to want to chase losses and hope to recover which may in turn get u addicted and that effect is one aspect of gambling almost everyone is running away from.

[LDL]

people who know they are harming themselves but continue to practice that harm are unhealthy. It is more about addiction, about as dense an addiction as that of smokers. And when a person is addicted, it is not enough for him to be aware of harm from something. In such cases, most likely, some kind of psychological therapy is needed.

It is an eternal truth that people automatically get addicted to some harmful things even though people know beforehand that it is extremely harmful to people. People consume alcohol, cigarettes, even though they know their serious harmful side, it is an eternal addiction of people. Similarly, people get addicted to gambling despite knowing the dangers of gambling and gambling losses. It automatically attracts people that people cannot control. No matter how much awareness people do about gambling or how much therapeutic awareness is created, it has not been possible to campaign to stop gambling from the earliest times till now.

[Tmoonz]

Yes, but that's the thing though, the entertainment comes with the idea that you might get money.

If you remove the money from the equation, say you play for free in those casino games, then suddenly it is not as fun any more.

It's only when you bet real money that it gets fun and entertaining, but also quite expensive.

Very true, without betting real money one can't get entertained and that's the beauty of online gambling. That's why every pro level gambler recommends others to only place bets of amounts they can afford to lose and that won't impact their everyday life.

There're greedy fellows who want to make a lot of money from gambling and those are the ones who get addicted to it. The ones who place small amount bets can get entertained and at the same time might earn some profits if their luck favors them.

In terms of talking about the betting amount or size of the amount one uses to bet is totally depends on the individual  pocket, because what you might be considering to be a big amount can be a small amount to the next person and what you might also be considering to be small amount can as well be a big amount to another person and the amount being used totally has nothing to do with whether you are going to win or not, you can irrespective of the amount used in gambling hence, the logic has always been that one should only gamble with the amount that you can afford to lose without being devastated and depressed.

[EarnOnVictor]

I think that few gamblers keep accurate statistics of their defeats and victories, and they perfectly understand how much they won and how much they lost. They probably only remember about the number - I think that memory tries not to keep sad memories of losses, but victories are remembered very vividly. Therefore, many gamblers may have the illusion that they won more, although in fact this will not be the case at all. That's why casinos try to make bright pictures of victories in slots, for example, but they don't beat defeats visually at all.

I have always personally adviced against keeping a track record of one's losses and wins in gambling, for some reason I assume it could encourage gamblers to stay even or get money out the casino in the long run. We all know that is not a good idea, at all, since the house always wins in the long term (there are very few exceptions).
If a gambler keeps a well organized record in a spreadsheet of his gambling sessions, they will know exactly how much they have lost.

Keeping tracks or records of one gambling activities is very good and there is nothing absolutely wrong with it, as it tend to give the very clue of how much you are allocating to gambling in terms of the resources, energy and time, as over allocations can be very problematic and possibly lead to addiction, at most times when your records shows much of Lossing than winning one may decide  to go for break or probably change pattern of gambling that may seem more favorable than the previous strategy of gambling because sometimes it is very good to change gambling pattern if the previous strategy is not being favorable.

It all depends on how the gambler has planned his gambling from the beginning. The gambler who knows how he is handling himself will take many things into consideration, which include, the branch of gambling to explore, the amount to gamble per bet, the amount to gamble per session and the win and lose ratio over time. Over time, such gamblers will know whether to continue gambling that way or adjust the values and time so that it will not be on the negative side depending on the situation.

If it is positive, there is no need for the adjustments. However, if the gambler is not able to make an adjustment but continues to procrastinate, he might want to be more careful as this might have caused an addiction already. Such might want to take a break from gambling for a while before things become uglier.

If I were the one in this situation, the first thing I would do is to reduce my wagering amount to the barest minimum to avoid depriving myself of the purpose of my gambling and not focus on the money. It is what I do now when I know I can't break the casino aspect of gambling in terms of the money to be made and it ever been fine with me.