What are the main points of gambling?

[TheUltraElite]

If those gamblers chase their wins, that will not gives a big chance since gambling is not like a source of income. They will see their money will be gone slowly or fast depends on how they use their money to gamble.

If you chase a loss you are guaranteed to lose. The thing to do is to stop playing and accept the loss and move on.

We can teach our children about many things including how to prevents their minds thinks about something wrong such as gambling

This is a sensitive area. Children need to be taught math and stats with science properly to be able to get a reasoning based logical mindset. Once that is developed, show them how gambling makes the casino will more than the player. They should be able to get a general idea about how it works and slowly introduce things to them that will guide them to make decisions when urge to play comes up.

[mirakal]

No matter how much people shy away from this, I think the major and paramount reason for any gambler to wager money is to make profit,  and irrespective of what you think your intentions are, the moment you wager any amount of money, there is always the expectations of having a profitable return.
I don’t think people loss more in gambling because they don’t know their sim, but Simply because they don’t want to accept the fact that, they’re gambling to make a win and not just to entertain anyone.

Yes, that's correct. Let's not be hypocrites here, we all want to have some fun but at the same time, we also don't want to lose. We are expecting to win and that's why we start gambling. Double, triple, or whatever the multiplier is given to us so that we can withdraw it and maybe enjoy the profits in the future.
IMO, the first reason will always be to win and then the next one is to enjoy every moment of it which sometimes could get difficult if we are on a losing streak. Results could sway the emotions of a gambler and if we are winning that's when we can enjoy it more. I mean, who enjoys losing? I don't think any of us would still be smiling if we lost $100 or more.

Losing is not really in our mind but winning. We are motivated to gamble because we believe that when got lucky we become rich. Unfortunately, losing is usually what we get and instead of having fun, we end up regretting and frustrated. And people are going to casinos for money and they keep coming back in the chase of their losses. If this is what we keep in mind, I don't expect we consider gambling as entertainment but somewhat like money hunting.

Now I see that the only thing that makes a gambler happy is to win. Many gamblers stay out of their limits and spend more as they believe that luck comes around if we don't stop gambling.

[Jaycoinz]

Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

 

You are right on these, gambling is all about chance and luck, a lot of people are trying to make it a source of income, having this kind of mindset is going to do more harm than good.. coming up with strategies and tactics is another way of getting trapped in the delusion of thinking that you can constantly make Profit from it..it's all about taking responsible risks that you won't end up regretting even if you end up losing the bet.. taking notes of these points you mentioned is the right way to go..

[Dewi Aries]

Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

 

You are right on these, gambling is all about chance and luck, a lot of people are trying to make it a source of income, having this kind of mindset is going to do more harm than good.. coming up with strategies and tactics is another way of getting trapped in the delusion of thinking that you can constantly make Profit from it..it's all about taking responsible risks that you won't end up regretting even if you end up losing the bet.. taking notes of these points you mentioned is the right way to go..

That's right, and one of the reasons why this mindset and idea of ​​making money actually leads a gambler to a bad situation in his life over time because in gambling there is no element of consistency in terms of producing a win, meaning that maybe now you succeed in getting a win but as long as you If you are still involved in this activity then of course the possibility for you to lose is very wide open in the future, and what this means is that perhaps I would say that winning in gambling is only temporary because defeat will always be a part that can never be separated.
Therefore, this is why gambling is called an activity that depends on luck to win, because there is no way to guarantee a win and there is also no consistency for you to always be able to win. So, immediately get rid of your mindset and beliefs about making money in gambling, there is no certainty or guarantee that you can always get money with a little effort, such as guessing and pressing buttons.

[Orpichukwu]

Basically, those are the main reasons why a gambler is playing in a casino or betting in a bookie. What else? Some people is in gambling to pass their time. However, they also have the goal of gaining some profits. Who would not want to have some winnings?

That profit part can't be denied; in fact, most people, no matter what their reason for gambling, know that profit is always not far from one of those reasons.
 
In fact, to this day, the majority of gamblers are gambling not just to pass time or for fun, but because profit is now one of their primary reasons for gambling, and everything else comes as a secondary reason.

[Smartvirus]

Basically, those are the main reasons why a gambler is playing in a casino or betting in a bookie. What else? Some people is in gambling to pass their time. However, they also have the goal of gaining some profits. Who would not want to have some winnings?

That profit part can't be denied; in fact, most people, no matter what their reason for gambling, know that profit is always not far from one of those reasons.
 
In fact, to this day, the majority of gamblers are gambling not just to pass time or for fun, but because profit is now one of their primary reasons for gambling, and everything else comes as a secondary reason.

I’ll like to think that, majority of gamblers are those seeking for a means to better their financial status and for these persons, it’s always going to be about profit making. No room for much fun with them, it’s always about profit and you find folks like these gambling within the minimum stakes for a bet in various accumulator systems.

Still, we have gamblers who take it for the fun of it and it mostly apply to casino gambling as, it’s the one place you could spend a great deal of time and have several turn overs to the games in minutes and not several hours like we would have it in the sportsbook. Although, the sportsbook have got a virtual gaming session but, it’s not something am very much enthusiastic about.

[Onyeeze]

Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

let me use my own statement to correct this impression because it is obvious that in the gambling the major thing that makes people to participate in gambling is because they want money and they need to make money through gambling when you ask majority of people who participate in gambling different question of the reason why there are into gambling you will see that their reasons will be of similar because majority or most of them the reasons why they are into gambling is to make money is not that somebody influence them to be part and parcel of gambling,it's because of the money which is involve in gambling.

[serjent05]

You are right on these, gambling is all about chance and luck, a lot of people are trying to make it a source of income, having this kind of mindset is going to do more harm than good.. coming up with strategies and tactics is another way of getting trapped in the delusion of thinking that you can constantly make Profit from it..it's all about taking responsible risks that you won't end up regretting even if you end up losing the bet.. taking notes of these points you mentioned is the right way to go..

There is a part where gambling is all about chance and luck and these is for the games that relies on RNG for the result.  The emergence of sports betting give way to gambling using skills.  Since this kind of gambling does not purely rely on luck and gamblers have the chance to enhance their chance of winning using their analytic skills between the team that is competing and issuing a prediction.  The higher their comprehension about the competing team the higher the precision of the prediction.


I think there are some main points when gambling is involved, in business, in entertainment, and in player.

The Business point of gambling is the house getting profit from the players.  To accumulate wealth by providing entertainment services to the masses, while also giving job demand to the market.

Entertainment, gambling is created to entertain people while giving them a chance to win or to fulfill their desire to have a chance of hitting it big.

For the player, their main point in gambling is to possibly win a good amount of money while entertaining themselves.  This is also the possible main reason why people keep on going back to gambling.

[LDL]

Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

It is true that most gamblers involve themselves in gambling without knowing the purpose of gambling. Among them mention the consideration point they never consider this consideration. Basically most of the gamblers involve themselves in gambling considering the objective of earning money as the main point. No matter how many points you tell these gamblers they will not follow them but their main objective will be to make money. No matter how many points you talk about, a gambler will not get anything significant out of gambling if entertainment is not the main point of gambling.

[junder]

It is true that most gamblers involve themselves in gambling without knowing the purpose of gambling. Among them mention the consideration point they never consider this consideration. Basically most of the gamblers involve themselves in gambling considering the objective of earning money as the main point. No matter how many points you tell these gamblers they will not follow them but their main objective will be to make money. No matter how many points you talk about, a gambler will not get anything significant out of gambling if entertainment is not the main point of gambling.

with those who are used to ignoring many important points because they only focus on the main point, namely winning, which is actually not true. In fact, there are many points that must be paid attention to when gambling, not only thinking about winning points or profits, but also points about themselves. pay attention and with those who ignore many important points, it is not surprising that they experience unpleasant things such as quite a lot of losses.

What you say is correct, I agree with the point of gambling that is done if the point is not entertainment then this is what makes them ignore many other important points. It is important to remember that gambling is not just about winning, so there are still other points that have an important role that must be considered to prevent thinking that only thinks about winning points.

[Hewlet]

Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

I was actually looking for the place in your writeup where you would point out what you mean by the word "The main point of gambling but couldn't find out. Maybe when next you try to advice people or to paint an ideal approach to gambling, it's best you give your personal suggestion and then others can build up an argument from their.

Before anyone places an amount in a gamble, he already wants to win and believes in his predictive skills and that's why people basically gamble. They believe that a particular action will go the way they've analysed and that's why they can comfortably use a big amount to wagger during gambling. It doesn't matter if you know the reason for your gambling or the main point of your gambling, Loses are part of gambling and regardless of your level of experience as a gambler, you're going to lose at a certain point and that's the basic reason why we're advised to gamble what we can afford to lose.

[satscraper]

In my view the main point of gambling concerns diversion of the mind  from its common daily routine. The latter might build a tense and worry in  human. It is well known fact that constant tense may result is such dangerous decease as a cancer thus gambling helps mitigate or even prevent that outcome.

[Obari]

Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

truth be told that,  it's not about knowing  your so called elements but rather it's about applying what you know and there were the challenge always comes in and since emotions are one of the greatest things to overcome in gambling,  it sets in and a gambler unconsciously breaks the elements he already knows and starts chasing losses even leading to addiction.

at first I was seeing  gambling as more of luck than a calculated risk but at long run, I understood that, the ratio fir risk and luck are almost the same if not the same and as such, we should always have a gambling budget when gambling.

[Kelward]

Gambling thus requires three elements to be present: consideration
 (an amount wagered), risk (chance), and a prize.

I noticed that people now don't actually know their main points of them gambling, some people gamble to earn daily and some people just gamble cause they saw their friends won in gambling. That's how they develop their gambling lifestyle and from their they get addicted to it. I've over heard people complaining about them losses, for me I think they don't know the main points of gambling. What do you think about this people losses much? Does it mean they don't know the main points of gambling?

It is true that most gamblers involve themselves in gambling without knowing the purpose of gambling. Among them mention the consideration point they never consider this consideration. Basically most of the gamblers involve themselves in gambling considering the objective of earning money as the main point. No matter how many points you tell these gamblers they will not follow them but their main objective will be to make money. No matter how many points you talk about, a gambler will not get anything significant out of gambling if entertainment is not the main point of gambling.

This category of gamblers engage in it because they want a means to get rich quick, they don't consider the lose factor of gambling which is greater than the winnings. They'll probably keep loosing to the point where they'll become addicts and wouldn't know why they got to that point. Every gambler needs to ask themselves the critical question of the reasons why they're gambling, the answer can help them to readjust their gambling habits if their reasons doesn't make sense. No matter the reasons why any person chooses to gamble, they should understand that it's not a get rich quick scheme, let them gamble for fun and the thrill of taking risks, most especially to gamble with the amount that they can afford to loose.

[HONDACD125]

This category of gamblers engage in it because they want a means to get rich quick, they don't consider the lose factor of gambling which is greater than the winnings. They'll probably keep loosing to the point where they'll become addicts and wouldn't know why they got to that point. Every gambler needs to ask themselves the critical question of the reasons why they're gambling, the answer can help them to readjust their gambling habits if their reasons doesn't make sense. No matter the reasons why any person chooses to gamble, they should understand that it's not a get rich quick scheme, let them gamble for fun and the thrill of taking risks, most especially to gamble with the amount that they can afford to loose.

You are right. People who get into gambling with the mindset that they are going to get rich from it will always face negative consequences, but what's unfortunate is that they don't understand this thing. They are so lost in their dreams and hopes that they oversee the reality, even when they are losing a lot of money, they still don't stop because they keep their hopes high thinking they will win something very soon if they continue.

I have always told gamblers that motivational things, such as, not giving up make you reach the success you desire, don't work in gambling, if you tell yourself that you will be successful one day if you keep going, you are only going to go deeper in this well and your losses will keep piling up.

At the end of the day, you will get tired of trying and finally stop spending money on gambling when you see nothing is happening, so it's better if such gamblers understand this earlier and stop before they lose a lot of money.

[lienfaye]

gambling is all about chance and luck, a lot of people are trying to make it a source of income, having this kind of mindset is going to do more harm than good.. coming up with strategies and tactics is another way of getting trapped in the delusion of thinking that you can constantly make Profit from it..it's all about taking responsible risks that you won't end up regretting even if you end up losing the bet.. taking notes of these points you mentioned is the right way to go..

Gaining is the reason why many people engaged themselves in gambling. They thought it's easy to win huge after seeing other gamblers became lucky to hit a jackpot in their gambling activity. We know it's just their way to attract people to also play, but don't ever think you'll end up with same results once you gamble your money. It's true that majority don't have their main points when playing. However, for gamblers who are after profit and doesn't care, these things don't really matter.

[Ricardo11]

The most important thing in gambling is to fully understand risk management. And gambling with money you can afford to lose. Because gambling does not guarantee you a profit, moreover, gambling has a higher chance of loss than profit. So you need to know about risk management and gamble with yourself in a stable manner, so that you don't lose money by gambling on emotion. Gambling is not for passion, here you have to take every step wisely. Never gamble with zero knowledge. Because there is some need for luck as well as some experience too. no matter, Gambling is all about luck, but experience is also required here.

[traderethereum]

This is a sensitive area. Children need to be taught math and stats with science properly to be able to get a reasoning based logical mindset. Once that is developed, show them how gambling makes the casino will more than the player. They should be able to get a general idea about how it works and slowly introduce things to them that will guide them to make decisions when urge to play comes up.

I fully agree with you because chasing the wins will not be the right way to do. We don't have a big chance to gets our money and we can lose more money which is happens to those who chase their lose.
They don't thinks about the lose that can be bigger and still gambling using more money. Actually, they can prevents more losses by quit gambling and move on as you said.

This is a sensitive area. Children need to be taught math and stats with science properly to be able to get a reasoning based logical mindset. Once that is developed, show them how gambling makes the casino will more than the player. They should be able to get a general idea about how it works and slowly introduce things to them that will guide them to make decisions when urge to play comes up.

When they can understand how gambling works and what they needs to do in gambling, they will sees that gambling is just a fun thing that doesn't needs to be serious. When they can get fun from gambling, they must remember that is the time for them to stops and leave the casino before something bad happens to them. They can lack of control so that will caused them to spends more money. But the best thing is we don't have to lets them playing gambling in their age because that can gives bad effect to their life.

[$weetne$$]

The most important thing in gambling is to fully understand risk management. And gambling with money you can afford to lose. Because gambling does not guarantee you a profit, moreover, gambling has a higher chance of loss than profit. So you need to know about risk management and gamble with yourself in a stable manner, so that you don't lose money by gambling on emotion. Gambling is not for passion, here you have to take every step wisely. Never gamble with zero knowledge. Because there is some need for luck as well as some experience too. no matter, Gambling is all about luck, but experience is also required here.

I think the question is about the main point of gambling and not what is important in gambling to be successful. Nobody is going to gamble to learn how to manage risk very well but since they are gambling, they have to learn it to become successful. The main point of gambling is for two things, to make money and for fun. Those are the only cause reasons why I think people are gambling and alot of them are doing it because of the money. If there was no money to be won in gambling, we will not have all the people that are known for gambling and some of them having addiction. Regardless of why we are gambling, we just have to do it rightly or get the consequences of being ignorant of the dangers of gambling in an irresponsible manner. When you do this you lose both the money and fun.

[Wakate]

The most important thing in gambling is to fully understand risk management. And gambling with money you can afford to lose. Because gambling does not guarantee you a profit, moreover, gambling has a higher chance of loss than profit. So you need to know about risk management and gamble with yourself in a stable manner, so that you don't lose money by gambling on emotion. Gambling is not for passion, here you have to take every step wisely. Never gamble with zero knowledge. Because there is some need for luck as well as some experience too. no matter, Gambling is all about luck, but experience is also required here.

I think the question is about the main point of gambling and not what is important in gambling to be successful. Nobody is going to gamble to learn how to manage risk very well but since they are gambling, they have to learn it to become successful. The main point of gambling is for two things, to make money and for fun. Those are the only cause reasons why I think people are gambling and alot of them are doing it because of the money. If there was no money to be won in gambling, we will not have all the people that are known for gambling and some of them having addiction. Regardless of why we are gambling, we just have to do it rightly or get the consequences of being ignorant of the dangers of gambling in an irresponsible manner. When you do this you lose both the money and fun.

The major reason why we keep gambling is to add more money to our bankroll. Is we don't make profits from gambling, I don't think any of use would want to take gambling seriously the way we have been trying our luck when betting. We all want to make the money so we should go in for it and that does not mean that we have to be too desperate to make money from gambling. Doing the right thing is what matters in gambling and it's going to help us to make lots of money for ourselves if we have good strategy that would keep earning us profits without much stressing.