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Author Topic: Why do people lose in gambling and still go ahead and bet more?  (Read 2042 times)
Churchillvv
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June 09, 2024, 03:47:46 AM
 #281

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Nope, gambling is not bad, but rather gambling is addictive; gambling has the ability to take more than it can offer a gambler; gambling is for entertainment and not a primary means to archive wealth; winning in gambling is not guaranteed; and lastly, casinos care about their profit and not the losses of gamblers. If every gambler follows these ideas, they will not lose a lot of money to the casino, not knowing they are enriching the casino. If a casino has 5,000 gamblers losing $10 every day, you can imagine how much they are accumulating in 30 days; meanwhile, it is always a higher amount that is lost by the gambler.

Absolutely, Perhaps if gamblers can be aware of what is called the house edge which is exactly what you're taking about the more people will begin to adjust the way they gamble. Most addicted gamblers do not agree that they are addicted, which is a big reason why they keep failing and never rise.

Additionally only a few gamblers amongst the multitudes of gamblers gambles for entertainment as it's initial goal but so many gamblers are here for the money which is enough reason to keep losing more money because you can not put you hope to succeed in life with gambling. And perhaps once anyone learns how this house hedges works then the issue of addiction will be so how adjusted.
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June 09, 2024, 05:56:13 AM
 #282

However, this won't mean that gambling is bad because it still depends on the gambler's behavior. In fact, there is a warning given to all gamblers "Gamble responsibly" but what really happens is that more gamblers become irresponsible. This happens because they can't control themselves and instead of making gambling as a sort of entertainment, they now consider it as other sources of income.
Nope, gambling is not bad, but rather gambling is addictive; gambling has the ability to take more than it can offer a gambler; gambling is for entertainment and not a primary means to archive wealth; winning in gambling is not guaranteed; and lastly, casinos care about their profit and not the losses of gamblers. If every gambler follows these ideas, they will not lose a lot of money to the casino, not knowing they are enriching the casino. If a casino has 5,000 gamblers losing $10 every day, you can imagine how much they are accumulating in 30 days; meanwhile, it is always a higher amount that is lost by the gambler. 
That is the risk of the impact of gambling and the risk involved only depends on how each gambler is because not all gamblers as whole will be able to get bad things because some who are responsible and able to control themselves can minimize everything well.
Just like when gamblers experience big loss and they end up depositing money again and risking it all, it will clearly be big threat to bankruptcy if they do this, but some gamblers who don't do it can still be safe from bankruptcy.
They are only trying to get back some money that was previously lost, there is no responsibility in receiving the results of any bets they make and this is why gambling can be bad place for most irresponsible gamblers.
It just that basically this is business for those who own gambling sites or casinos, they make large amounts of money, but if we are wise and just having fun then losing some money will never feel so burdensome.
Moreover, building and developing gambling business requires lot of time and capital, so it is natural that if we take brief calculation, we can find that casino profits are indeed the biggest and are always at the top.
It is better to come with limits and remain wise about every decision make when gambling.

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June 09, 2024, 06:01:58 AM
 #283


Absolutely, Perhaps if gamblers can be aware of what is called the house edge which is exactly what you're taking about the more people will begin to adjust the way they gamble. Most addicted gamblers do not agree that they are addicted, which is a big reason why they keep failing and never rise.

Additionally only a few gamblers amongst the multitudes of gamblers gambles for entertainment as it's initial goal but so many gamblers are here for the money which is enough reason to keep losing more money because you can not put you hope to succeed in life with gambling. And perhaps once anyone learns how this house hedges works then the issue of addiction will be so how adjusted.

Unfortunately, many people start their gambler's journey with an insanely huge bet. For example, when my friend received an annual bonus, he went into a room with slot machines and lost all the money.
And when he came to himself, he went to borrow from all his friends, because his only goal was to win back this money. And of course he lost everything that was lent to him. This is the price of ill-considered money management.

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June 09, 2024, 06:08:40 AM
 #284

I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday.
This [risk and luck] is the most basic thing that a person who plays gambling will get.
If he has not won a large amount according to the bet, maybe it is not his time for luck to come to him if he plays in a game where the percentage of luck is greater than the percentage of skill such as slot games.
If he gambles with small bets but expects to win a large amount, it is impossible.

So what are your suggestions towards this.
There is no advice that can be given in detail other than his habit of playing gambling by understanding that gambling is only losing and winning.

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June 09, 2024, 07:31:03 AM
 #285

For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.

Sorry to say that you are just misleading your friend in this situation and will probably make him to lose more. On a norms, gambling is supposed to be an avenue for entertainment and fun but we have changed the narrative long ago, we now see it as avenue to make money forgetting its traditional role. In a situation like this of your friend, you should have just tell him the plain truth regardless of whether he may listen or not. Let him understand what gambling is all about and there's no guarantee of making profits in return. If he's so concerned about making profits then he should take a break if the profit is not satisfactory. Telling him to keep gambling constantly and might probably win big someday is the worst advice I have come across in gambling industry.

Unfortunately, many people start their gambler's journey with an insanely huge bet. For example, when my friend received an annual bonus, he went into a room with slot machines and lost all the money.
And when he came to himself, he went to borrow from all his friends, because his only goal was to win back this money. And of course he lost everything that was lent to him. This is the price of ill-considered money management.

This is one secret about gambling but many people/gamblers are yet to figure it out especially those who are new to gambling industry. When you play game and lose, the best thing to do at that moment is to stay away from gambling and come back some other time with different mindset but if you stay back with the intention of playing more games just to recover your lost money, you will definitely lose more money. It's a proven fact that we have been seeing it happening regularly. The case of people succeeding in such scenario is very few.











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Churchillvv
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June 09, 2024, 08:54:55 AM
 #286


Absolutely, Perhaps if gamblers can be aware of what is called the house edge which is exactly what you're taking about the more people will begin to adjust the way they gamble. Most addicted gamblers do not agree that they are addicted, which is a big reason why they keep failing and never rise.

Additionally only a few gamblers amongst the multitudes of gamblers gambles for entertainment as it's initial goal but so many gamblers are here for the money which is enough reason to keep losing more money because you can not put you hope to succeed in life with gambling. And perhaps once anyone learns how this house hedges works then the issue of addiction will be so how adjusted.

Unfortunately, many people start their gambler's journey with an insanely huge bet. For example, when my friend received an annual bonus, he went into a room with slot machines and lost all the money.
And when he came to himself, he went to borrow from all his friends, because his only goal was to win back this money. And of course he lost everything that was lent to him. This is the price of ill-considered money management.
Sad to know that no matter how enlighten people seem to be they still do not enlighten themselves on how to act responsibly towards gambling and this has lead a lot of people into sadness yet people do here this sad stories and never give ears to it.

It's insane for someone to take his or her hard earn money in to a slot machines trying to double them for any reason, when you have heard so much preach about gambling responsibly.  Truth is no that how we try to calm people down for them to gamble responsibly it only ends up that they go back to it. addiction is really a big deal if not taking care of as it will ruin ones life totally.
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June 09, 2024, 09:29:21 AM
 #287


Absolutely, Perhaps if gamblers can be aware of what is called the house edge which is exactly what you're taking about the more people will begin to adjust the way they gamble. Most addicted gamblers do not agree that they are addicted, which is a big reason why they keep failing and never rise.

Additionally only a few gamblers amongst the multitudes of gamblers gambles for entertainment as it's initial goal but so many gamblers are here for the money which is enough reason to keep losing more money because you can not put you hope to succeed in life with gambling. And perhaps once anyone learns how this house hedges works then the issue of addiction will be so how adjusted.

Unfortunately, many people start their gambler's journey with an insanely huge bet. For example, when my friend received an annual bonus, he went into a room with slot machines and lost all the money.
And when he came to himself, he went to borrow from all his friends, because his only goal was to win back this money. And of course he lost everything that was lent to him. This is the price of ill-considered money management.
Sad to know that no matter how enlighten people seem to be they still do not enlighten themselves on how to act responsibly towards gambling and this has lead a lot of people into sadness yet people do here this sad stories and never give ears to it.

It's insane for someone to take his or her hard earn money in to a slot machines trying to double them for any reason, when you have heard so much preach about gambling responsibly.  Truth is no that how we try to calm people down for them to gamble responsibly it only ends up that they go back to it. addiction is really a big deal if not taking care of as it will ruin ones life totally.
Those are the people who sees gambling as a good means of getting profit, whereas it isn't meant to be so. People are no longer interested in understanding gambling and it's risk management they just find it as a money doubling activity and this has led to serious problems including financial family crisis and also person crisis. Only our spare money is expected to be used in gambling but gamblers are not ready to observe those procedures instead they prefer risking huge part of their income in other to earn big profit.
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June 09, 2024, 09:39:11 AM
 #288

I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
Because that is what gambling is all about , trying to implant our mind about the winning probabilities but not the chances to win , making us believe that there are really ways to bet their site but eventually it will be taken away and they will be the one whos winning against us but we will keep trying our chances as we have already believe there is.
in gambling it is only the fun that we are surely to win and nothing more , if you win money then you are just lucky.

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June 09, 2024, 10:37:02 AM
 #289

Because that is what gambling is all about , trying to implant our mind about the winning probabilities but not the chances to win , making us believe that there are really ways to bet their site but eventually it will be taken away and they will be the one whos winning against us but we will keep trying our chances as we have already believe there is.
in gambling it is only the fun that we are surely to win and nothing more , if you win money then you are just lucky.

People do not like it when they do not win and they will always want to win therefore this make them to continue gambling until they have out of money to use in gambling. Some of them keep doing this until they get addicted to gambling, losing is painful and they do not want to feel that they have failed but when they get addicted, they would not know what they are doing. Gambling sites knows people will always want to beat their odd to win them therefore they set up their gambling sites in a way that people can not defeat it because if they keep defeating the system then it would not be challenging to them again. People love challenge that they will try to beat so they spend all their time trying to defeat that challenge and when they do, they feel accomplished.

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June 09, 2024, 07:28:34 PM
 #290

Umm its wise to go with small staking on good team, thus you have many winning chances. So was happen with your friend, but little winning amount makes him unhappy! But if he thought, he'll keep gathering the amount and then someday he might have won big by staking big amount, that's wrong point of view. He may win big but remember, thus your friend will have possibility to lose everything at once what he have. Most of people do such mistakes and then regret for what have they done. And for gambling, need to have a monthly or weekly fix Budget what anyhow afford to lose. And after losing that amount, anyone shouldn't keep betting until the time come when he can have a new fix amount from his source of income
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June 09, 2024, 09:05:57 PM
 #291

I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop.
It’s just because they have the confidence that they are going to win if they don’t give up. Some of them do hear about other people's success stories, so it’s always encouraging them to gamble more, if they keep on gambling, they are going to win. Some of them will have already lost a significant amount of money, so they will be trying to win back the money they have lost, so they are always finding it very difficult to stop. The funniest part is that if some of them are able to win back their losses, they won’t stop gambling, they will continue gambling, thinking they will be able to win.

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June 09, 2024, 09:24:08 PM
 #292

Most people will ignore what other people say because they haven't had a bad experience with it, but if they have experienced repeated failures even though they have tried many times, that's where they will be based on the fact that the advice given by other people is the right one. For now, just let your friend continue gambling, all you can do is give him endless advice and direction, after all he is your friend.

I don't do blame games with some newbies, they have this mentality of first game isn't enough to verify if their losses is enough, they will try again but the wise one will quit immediately if they have a consecutive loss back to back and quit or try another day but the daft ones will keep playing until nothing comes from and lose all the games and the money and that time, it will be too late to make corrections, this is when guilt and self discipline start to work.

If you want to see the crazy part, the addicted ones will come back in with big pockets and then try again until everything is loss. If you have experience where a celebrity gamble right in front of you in a casino house, they display this behavior often, spend some money in casino and loss, bring another money to the table and loss everything and then walk home with the remaining money with the homies for weed and food chuncks.

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June 09, 2024, 09:35:29 PM
 #293

I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop.
It’s just because they have the confidence that they are going to win if they don’t give up. Some of them do hear about other people's success stories, so it’s always encouraging them to gamble more, if they keep on gambling, they are going to win. Some of them will have already lost a significant amount of money, so they will be trying to win back the money they have lost, so they are always finding it very difficult to stop. The funniest part is that if some of them are able to win back their losses, they won’t stop gambling, they will continue gambling, thinking they will be able to win.

Yes, but they don't think that when they are on their way to pursuing victory, there will definitely be many losing situations that they will experience before finally achieving victory, which means that when they win, maybe it is the money they previously lost because of the defeat they suffered. returned by the casino, so actually their money just spins around unless the winning amount is very large. And yes, it is true that many gamblers feel motivated by the big wins achieved by other people, which makes them experience an increase in confidence and hope towards
victory and this encourages them to try again.

But yes, in the end, this belief will never be able to change the situation, simply put, gambling will always be random, which means only luck can bring them to victory, and yes, another thing that is clear is that when it turns out the results are not in accordance with what they expected, then usually It is difficult for them to accept this situation, which in the end makes them emotional and think about pursuing the losses they have experienced, which is the cycle experienced by gambling addicts, and as time goes by, the situation will get worse if the actions are not stopped immediately.

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June 09, 2024, 09:55:36 PM
 #294


I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop.

People who gamble and continue losing, but they do not give up on gambling all is because they have hope that one day they will win. No time will a gambler gamble without no hope of winning. So, anything you have hope for, you will hardly give up on it. If any gambler believes they have no probability of winning, they will surely not gamble. It is confidence that always makes gamblers continue gambling. In fact, sometimes, even if they want to give up, the hope that one day they will win keeps them going. They always think that if they stop gambling, they might miss an opportunity.

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June 09, 2024, 11:59:16 PM
 #295

Its a game but the biggest risk taken by a gambler is they think they are owed a win.    I'd bet more after a loss often with the idea of winning back what I just loss, it is that idea of justice being deserved a win after a loss surely follows.

Its not a good line of logic, you arent owed anything exactly but I do think its common to bet until you win.  The idea might be you win and get back everything spent but that wont always be the case.  Also until you win, you havent won the game or played it entirely and people hate to walk away unfinished.

   It has to be said sometimes the smartest thing is to walk away, my reasoning is you should call the day done and return another time.  Not every day will be a winner but there is no perfect strategy imo, just recognize we are playing a game is best.

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June 10, 2024, 01:06:58 AM
 #296

People who gamble and continue losing, but they do not give up on gambling all is because they have hope that one day they will win. No time will a gambler gamble without no hope of winning. So, anything you have hope for, you will hardly give up on it. If any gambler believes they have no probability of winning, they will surely not gamble. It is confidence that always makes gamblers continue gambling. In fact, sometimes, even if they want to give up, the hope that one day they will win keeps them going. They always think that if they stop gambling, they might miss an opportunity.
I completely agree with you I also think people keep gambling because they hope to win. Even if they lose money many times they still believe they may win another day. And only this hope make it hard for them to stop gambling. It is not just about winning money  but also about thay they do not wanting to miss chance to win. This shows how powerful hope can be. And even when things look impossible hope can motivate anyone to keep trying and trying. Gambling can be dangerous and addictive if we will create a hope in our heart and it is clear that people will hold onto hope no matter how small and that is what keeps them gambling. For example it is like a man lost in a jungle and he is finding a way and in jungle he is looking at a light which is dim and bliming and he is trying to reach out that light but he can't access to thay light. Just like this a gambler do he also try to win and in this hope he lost much money and get addictive.

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June 10, 2024, 01:47:42 AM
 #297


I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop.

People who gamble and continue losing, but they do not give up on gambling all is because they have hope that one day they will win. No time will a gambler gamble without no hope of winning. So, anything you have hope for, you will hardly give up on it. If any gambler believes they have no probability of winning, they will surely not gamble. It is confidence that always makes gamblers continue gambling. In fact, sometimes, even if they want to give up, the hope that one day they will win keeps them going. They always think that if they stop gambling, they might miss an opportunity.

True, it could be that they are in the stage of chasing losses so they continue to gamble even though it turns out that their hopes have never been achieved, and this happens because from the beginning they are typical gamblers who cannot accept the fact of defeat which should be in that situation they take a break from gambling first and resume gambling when there is no longer a grudge against the previous defeat, but what happens as we see that they continue to continue gambling which I am sure that all the decisions and actions they take at that time are based on emotion and curiosity. And the other thing is that yes it is true as you said that if indeed the casino does not provide winning opportunities in every game then logically there will certainly not be many people gambling or maybe even no one is involved in gambling. This means that the chances of winning in gambling are a strong reason about why many people come to gamble.

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Dr.Bitcoin_Strange
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June 10, 2024, 11:23:00 AM
 #298

Most addicted gamblers do not agree that they are addicted, which is a big reason why they keep failing and never rise.

Additionally only a few gamblers amongst the multitudes of gamblers gambles for entertainment as it's initial goal but so many gamblers are here for the money which is enough reason to keep losing more money because you can not put you hope to succeed in life with gambling.

That's a worse state of gambling addiction, when the gambler can not again realized that they are addicted even when being told. Although, addicted gamblers also fall in the advantage of making profit from their bets because they don't usually lose all their bets but they don't make good use of their winning but will rather spend it all on gambling. Take for example, if an addicted gambler is always gambling all the time and wins $1000, because of greed (and addiction) to multiply the money to $10, 000  he or she will continue gambling until they end up losing all the money. It continues like that for a life time unless the person later realises their self.

Yeah, I usually say that there's not gambler that doesn't enjoy the winning that comes from gambling but not all of them makes it a priority to win. Only a limited number of gambler have that desire to catch fun and leave without worrying over profit making.

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June 10, 2024, 01:07:37 PM
 #299


Yeah, I usually say that there's not gambler that doesn't enjoy the winning that comes from gambling but not all of them makes it a priority to win. Only a limited number of gambler have that desire to catch fun and leave without worrying over profit making.

Well said, the one's that does not make it a priority also Wana win but they accept the uncertainties involved in gambling which removes them from the expectations level as others, taking gambling as fun can also be addictive, and lead to undesired losses if not limited, and Moderated.

Gambling for profit making is never a bad thing for any gambler, the source of problems faced by gamblers is as a result of; Lack of plan, Huge expectations, High hopes, indiscipline, No rules and limits. If this is aligning with a good gambling habits anything is possible be it fit fun or profit making.
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June 10, 2024, 02:02:31 PM
 #300

People who gamble and continue losing, but they do not give up on gambling all is because they have hope that one day they will win. No time will a gambler gamble without no hope of winning. So, anything you have hope for, you will hardly give up on it. If any gambler believes they have no probability of winning, they will surely not gamble. It is confidence that always makes gamblers continue gambling. In fact, sometimes, even if they want to give up, the hope that one day they will win keeps them going. They always think that if they stop gambling, they might miss an opportunity.
Every gambler has certainly experienced defeat and for those who never give up on the defeat they have experienced and continue to return to gambling in any case, of course they have experienced an addiction to gambling and they will continue to gamble in any case in the hope of winning from the bet.

The chance of winning a bet on gambling is very small, so it would be better for us not to bet again at that moment in the hope of getting a bigger win from that bet, of course it is very difficult for us to get it and if indeed we still force ourselves to bet at that time I am very sure that I will experience defeat because it is difficult to control myself when I have just experienced defeat.

Sure, because the possibility of losing applies to everyone involved in the game, and I would also say that losing is something that will always be a part of gambling, meaning that not only can you win but you are also very likely to lose. And as you said that whatever situation the gamblers find themselves in even if they manage to win in the end, they will still continue their gambling session, especially if the session ends in a loss which of course they will try harder in any way even with various unreasonable actions which are all done in order to restore something that has been lost before.

True, casinos put a much smaller percentage of wins than losses, and that is the reason why most gamblers lose more often than they win. Basically there is nothing better than quitting in any situation, win or lose, because in gambling usually when someone manages to win then greed will haunt their mind and vice versa when they experience defeat then curiosity and inability to accept the situation will continue to encourage them to return to gambling.

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