What are the main points of gambling?

[hedgeh0g]

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?

Of course, you can lose a lot even knowing all the features of the game if you do not stop, but endlessly throw money into your deposit and make a bet. In addition to the fact that we know a lot, it is important that the player has no dependence on the game. After all, an experienced and knowledgeable player must understand that the games are programmed to lose, we as players are only given the opportunity to try our luck in a certain period and nothing more. Because the main factor is luck and without it, it is impossible to win in the end if it does not come to us. But the most important thing I want to say is that the player must still be diligent and curious to study all the rules that are possible to be prepared for different situations and understand what is happening in the game, because it depends on the player, but luck does not, you can only rely on it.

[Nwada001]

And just so you know , it's not only amateurs that get to be addicted to gambling, even pro gamblers do fall into this because it boarders around a persons character and self-control .

This is very true, but most people believe that being old enough to gamble has given them the advantage of not getting addicted to the game since they have experienced every bit of it and learned strategies that could allow them to avoid getting addicted.
 
But one thing some people fail to understand is that you can be in control for many years and still lose control if you are not careful enough. It's just human nature; there are things that can easily contribute to our change in behaviour, and gambling is not exempt.

[indah rezqi]

And just so you know , it's not only amateurs that get to be addicted to gambling, even pro gamblers do fall into this because it boarders around a persons character and self-control .

This is very true, but most people believe that being old enough to gamble has given them the advantage of not getting addicted to the game since they have experienced every bit of it and learned strategies that could allow them to avoid getting addicted.
 
But one thing some people fail to understand is that you can be in control for many years and still lose control if you are not careful enough. It's just human nature; there are things that can easily contribute to our change in behaviour, and gambling is not exempt.

Emotional control can be eroded even if someone is known to be very disciplined and firm in upholding their principles, because as you said, that changes in attitude can just happen spontaneously. It's all normal as a human being, it makes sense that many people say that gambling addiction is very difficult to overcome, because there are so many factors that make someone gamble again, such as experiencing pressure, remembering early wins or even seeking profit routinely through gambling. In the end, the impact will be very large, if someone fails to control their emotions in gambling.

In general, a gambler is very prone to addiction, so it is better to consider gambling as a fun activity rather than as a place to seek profit. Don't let gambling activities interfere with or ignore our responsibilities to other more important things such as family and work. I think it would be better not to publicize our gambling activities to many people, so only certain people know our habits. It is better to stop temporarily if gambling no longer brings pleasure, because that is a sign but is often ignored too.

[Ryu_Ar1]

Right, I agree with that that true success in gambling does not mean how much you win but how smart you are in keeping yourself and your wallet safe and away from various significant bad possibilities, gambling is a risky game that is not based on any guarantee or certainty, and that is why prioritizing victory is a wrong idea because it is clearly too dangerous.

But indeed most of the gamblers sometimes focus more on winning without looking too much at other things including how seriously we manage finances in gambling because the initial mindset is always the same where gambling will be fun when winning so that the benchmark is only to win not how successful they control themselves so as not to fall too far in gambling that is done.

Even though this is an important thing that must be realized because after all gambling is a condition where our brains and rationality must run well so that we don't get carried away by emotions which actually turn us into addiction in the end.
The mindset and understanding of gambling for some people does need to be reviewed because there are not a few people who always try to make their conditions seem better if they continue to gamble with victory but are unable to maintain activities that keep them from losing which leads to ambition in gambling.

[Dewi Aries]

Right, I agree with that that true success in gambling does not mean how much you win but how smart you are in keeping yourself and your wallet safe and away from various significant bad possibilities, gambling is a risky game that is not based on any guarantee or certainty, and that is why prioritizing victory is a wrong idea because it is clearly too dangerous.

But indeed most of the gamblers sometimes focus more on winning without looking too much at other things including how seriously we manage finances in gambling because the initial mindset is always the same where gambling will be fun when winning so that the benchmark is only to win not how successful they control themselves so as not to fall too far in gambling that is done.

Even though this is an important thing that must be realized because after all gambling is a condition where our brains and rationality must run well so that we don't get carried away by emotions which actually turn us into addiction in the end.
The mindset and understanding of gambling for some people does need to be reviewed because there are not a few people who always try to make their conditions seem better if they continue to gamble with victory but are unable to maintain activities that keep them from losing which leads to ambition in gambling.

Yes, of course because I am sure that no one does not like money, which is what makes them very interested in gambling, namely they can get some free money with just a little effort, the majority of gamblers come to win, I am sure of that and honestly I myself like victory but the problem is the act of forcing victory is what will indirectly clearly endanger themselves, because it is clear that the risk of defeat will always be a part that can never be separated from gambling.

Although I don't really care about whatever they will experience due to their wrong mindset, there is nothing wrong with sharing rational understanding in every time we respond to everything we find.

There is no free lunch, if you want to get money then of course you have to work hard, although it is possible to succeed in getting everything you want but of course it happens because you are nothing more than lucky, that's why gambling is called a lucky activity because victory there happens by chance. On the other hand, I agree with what you said that it seems like we all need to review our understanding of gambling, and the point is that we should not focus too much on winning and should limit our expectations.

[tread93]

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?

.

That pretty much take all the elements of risk and reward into account but there needs to be a separate section just for the emotional psychological portion that affects gambling and habits etc. I feel like we can use this information to make sort of a probabilities chart that reflects the probabilities of certain demographics

[Wakate]

Right, I agree with that that true success in gambling does not mean how much you win but how smart you are in keeping yourself and your wallet safe and away from various significant bad possibilities, gambling is a risky game that is not based on any guarantee or certainty, and that is why prioritizing victory is a wrong idea because it is clearly too dangerous.

But indeed most of the gamblers sometimes focus more on winning without looking too much at other things including how seriously we manage finances in gambling because the initial mindset is always the same where gambling will be fun when winning so that the benchmark is only to win not how successful they control themselves so as not to fall too far in gambling that is done.

Even though this is an important thing that must be realized because after all gambling is a condition where our brains and rationality must run well so that we don't get carried away by emotions which actually turn us into addiction in the end.
The mindset and understanding of gambling for some people does need to be reviewed because there are not a few people who always try to make their conditions seem better if they continue to gamble with victory but are unable to maintain activities that keep them from losing which leads to ambition in gambling.

The problem comes as a result of too much positive reflex. We are too eagered to be seeing positivity in our gambling activities without even having a thought of 'what about if the staked games didn't end up with a win?' Many of us just want to be seeing winnings when we should be thinking of both positive result and the negative own. Having such  in our brain will make us to think very fast and take less risk because the problem comes from the ideal risks we are ready to take to win such bets. Understanding the distance between the result we want to see and the possibility is what we determine the level of risks and amount ratio we are betting with.

[nimogsm]

And just so you know , it's not only amateurs that get to be addicted to gambling, even pro gamblers do fall into this because it boarders around a persons character and self-control .

This is very true, but most people believe that being old enough to gamble has given them the advantage of not getting addicted to the game since they have experienced every bit of it and learned strategies that could allow them to avoid getting addicted.
 
But one thing some people fail to understand is that you can be in control for many years and still lose control if you are not careful enough. It's just human nature; there are things that can easily contribute to our change in behaviour, and gambling is not exempt.

you correctly noted that self-confident players are more likely to fall into the trap of addiction. If a player does not have discipline, then with a high probability he will get addicted to games and will play constantly because he will be sure that he is a professional or is well versed in the game. I knew such a person, he was sure that he was a pro, but the result was as predictable as possible.

[I_Anime]

The main point of gambling is having fun. If you are gambling for money, stop gambling because gambling will take from you than you will win from gambling.

As part of your point, I see only one to be valid which is consideration (an amount wagered). I call it gambling budget. 1 to 5% of weekly income. 1% of weekly income is the best.

Yeah gambling can't be taken as a means of earning, rather as a means of entertainment. Most people put their money at stake ( money they can afford to lose) , to make things more interesting, this set of people don't normally complain about the amount of money they have loss through gambling because they normally use money they can afford to lose , so rather they win or lose they would still be entertained and they will take any win they endup with as bonus .

While those who sees gambling as a means to earn daily , will normally endup losing their money because they alway neglect the part that in gambling either one win or lose , and most time one normally encounters losses than winning.

[GxSTxV]

What do you think about this people losses much? Does it mean they don't know the main points of gambling?

I consider gambling as a fun activity for people to enjoy with moderation, as much as enjoying alcohol or video games, gambling also isn’t a free or cheap activity, the players need always to deposit money and spend it sometimes with any revenue.
The point of gambling shouldn’t be gaining, making extra money or investing, you have to understand that losing on it is more favorable than winning, you also should understand that casinos are a business for the owner to make money from player, not a business to give away money.

Since more than 90% of people always losing against house edge, the casino will stay running, the 10% or so of players that are gaining from gambling, are either capable of withdrawing back their main starting balance or make a profit, and it is why some players keep trying to be on the 10% people but they never succeed.

[EarnOnVictor]

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?

The fact that you have talked of new comers to gambling and how they lose money or get hooked to gambling is a pure sign of school boy mistakes... and I think the majority have passed through this and adjust their strategy as the gain experience and employ  good risk management system.

And just so you know , it's not only amateurs that get to be addicted to gambling, even pro gamblers do fall into this because it boarders around a persons character and self-control .

Despite all these challenges and bad news about gambling, an increased number of gamblers has been recorded for years, this could be for many reasons which will not end so soon, but that is not where I am going. We may complain from now till tomorrow, but nothing we change, it is the solution or the avoidance of the issue from happening in the place that matters to me. Let's look at it this way, despite this bad news and habits in gambling, some people still gamble responsibly and do not have the bitter experience about it.

That could only mean that there are things they do rightly that those who are victims of gambling are doing wrongly, which is why those victims need to retrace their steps to avoid issues for themselves. Gambling on its own is not harmful, otherwise, everyone will have the same bitter experience about it, it's those who are being affected who need to caution themselves on what they do wrong and be proactive in their skills, portfolio and psychological management.

[davis196]

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?

They know the main points of gambling, but they are still complaining, because that's human nature. When bad things happen to you, you are complaining. When you make mistakes, you are complaining(well, some people like complaining, other people don't).
Most people have the belief that fortune will return back to them, so they will recover their losses and gain a big profit, that's why they start "chasing the losses". Some people are confident in their luck(even when they keep losing), others aren't that confident in their luck.

[pusaka]

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?

They know the main points of gambling, but they are still complaining, because that's human nature. When bad things happen to you, you are complaining. When you make mistakes, you are complaining(well, some people like complaining, other people don't).
Most people have the belief that fortune will return back to them, so they will recover their losses and gain a big profit, that's why they start "chasing the losses". Some people are confident in their luck(even when they keep losing), others aren't that confident in their luck.

Yes, they actually know what is allowed and not allowed in gambling, but they do not apply it so that it makes them eventually have to feel a lot of losses and complain about something that happened to them. In fact, if we look at it, what they feel is because of their own fault for not being able to commit to implementing something that they should have done very well. Many gamblers are like this, especially those who continue to force themselves to gamble because they think they can get lucky if they continue gambling, both when they lose and when they win. When they lose, the feeling that arises is a feeling of wanting to return the loss, when they win, the feeling that arises is a feeling of greed that makes them continue to gamble and that makes their victory turn into a defeat.

[maydna]

[/b] What do you think about this people losses much? Does it mean they don't know the main points of gambling?

They know the main points of gambling, but they are still complaining, because that's human nature. When bad things happen to you, you are complaining. When you make mistakes, you are complaining(well, some people like complaining, other people don't).
Most people have the belief that fortune will return back to them, so they will recover their losses and gain a big profit, that's why they start "chasing the losses". Some people are confident in their luck(even when they keep losing), others aren't that confident in their luck.

Actually, they can't complaining abut their losses because that is their responsibilities when they gambling. They should know that gambling can cause them loss the money so they must be careful spends their money. If they can take care of their money, they can lose all of their money without have a big chance to win. It is normal if someone complaining of his lose in gambling but he doesn't have to do that for long. They can lucky in gambling but they don't have to gambling for more often because they must limit their time to gambling and not use too big money. If you can understand what is the main point of gambling, you will not complaining because win and lose will be part of gambling so you only need to take care of yourself from the big lose.

[danherbias07]

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?

They know the main points of gambling, but they are still complaining, because that's human nature. When bad things happen to you, you are complaining. When you make mistakes, you are complaining(well, some people like complaining, other people don't).
Most people have the belief that fortune will return back to them, so they will recover their losses and gain a big profit, that's why they start "chasing the losses". Some people are confident in their luck(even when they keep losing), others aren't that confident in their luck.

Yes, they actually know what is allowed and not allowed in gambling, but they do not apply it so that it makes them eventually have to feel a lot of losses and complain about something that happened to them. In fact, if we look at it, what they feel is because of their own fault for not being able to commit to implementing something that they should have done very well. Many gamblers are like this, especially those who continue to force themselves to gamble because they think they can get lucky if they continue gambling, both when they lose and when they win. When they lose, the feeling that arises is a feeling of wanting to return the loss, when they win, the feeling that arises is a feeling of greed that makes them continue to gamble and that makes their victory turn into a defeat.

One thing I know that is unstoppable, people complain if bad things happen to them. If an event is not going according to what you had planned then that's when we either blame the event or we just grumble like a kid.
Once we enter gambling, we should already know the high risk that we are taking because if not, then we are not really planning anything which means more losses in the future if we cannot control ourselves.
If $100 is set for gambling a week then stick with it, a budget is an important thing when it comes to spending money because that way we are limiting ourselves and that's also to avoid losing more in the future. Win or lose, we must live with it. There will be frustration because that's inevitable especially when we are losing but we cannot let that get the better of us.

[DubemIfedigbo001]

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?

The fact that you have talked of new comers to gambling and how they lose money or get hooked to gambling is a pure sign of school boy mistakes... and I think the majority have passed through this and adjust their strategy as the gain experience and employ  good risk management system.

Majority you say and not everybody, as far as there are still people in that category of freshers in the game, no amount of awareness is too much so whenever an amateur gets in the game, there is a proper guidance for the person so he learns by information against hitting the rock before adjusting like many of us did, although most beginners overlook directives until they get stuck, but the information stays there as their fallback reference.

And just so you know , it's not only amateurs that get to be addicted to gambling, even pro gamblers do fall into this because it boarders around a persons character and self-control .

Definitely, sometimes the self-control eludes you upon your wealth of experience in gambling and you only recognize yourself after some mistakes, but the abilty to stop yourself from escalating the mistake and causing a damage to your finances in the process still validates your self-control.

[Frankolala]

And just so you know , it's not only amateurs that get to be addicted to gambling, even pro gamblers do fall into this because it boarders around a persons character and self-control .

This is very true, but most people believe that being old enough to gamble has given them the advantage of not getting addicted to the game since they have experienced every bit of it and learned strategies that could allow them to avoid getting addicted.
 
But one thing some people fail to understand is that you can be in control for many years and still lose control if you are not careful enough. It's just human nature; there are things that can easily contribute to our change in behaviour, and gambling is not exempt.

If you have a change of mindset and allowed yourself to be carried away by the game, you can become an addict no matter how long that you have being gambling because it is a game of discipline and discipline means you must do things the right way.

Gambling is for fun and entertainment but when you see it the other way round because of greed, you will not know when you will become addicted due to your own laxity and inability to control yourself.

[EarnOnVictor]

They know the main points of gambling, but they are still complaining, because that's human nature. When bad things happen to you, you are complaining. When you make mistakes, you are complaining(well, some people like complaining, other people don't).
Most people have the belief that fortune will return back to them, so they will recover their losses and gain a big profit, that's why they start "chasing the losses". Some people are confident in their luck(even when they keep losing), others aren't that confident in their luck.

I buy most of your ideas but I don't see anything feasible for us to be confident with luck. Once it is luck, it means that we can't control it, we can only pray/hope for it and have some prepared plans to avoid any severe effects if our expectations do not happen as planned. As for those who are always complaining, they are surely selfish because gambling is about losing or winning, and if they win, they will not complain and will collect the money from the pocket of the bookie. But if they lose, they start complaining in one way or another, to the point that they would say the bookie is not sincere.

Didn't they know how the business operates before signing up for it? This is more reason they need to accept it as it is and rather find a way to enjoy it or try their luck in a way that will not be so hurtful even if they lose at times. Also, no one should believe that their losses must be recovered, gamblers should always have neutral minds of If and If not about it, this is the only way desperation will not set in.

[Franctoshi]

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?

But sadly, Majority of people are into gambling with the thought of becoming rich overnight, basically gambling with the aim of hitting a jackpot, and so don't consider other things, and they just gamble irresponsibly without disciplined plans or Budgets in place that will help them not to lose excessively because all their focus is now on making the danm money. However,  regardless of the fact majority gamble for the money, there are people that gamble for both the money and for the fun.

[DaNNy001]

What do you think about this people losses much? Does it mean they don't know the main points of gambling?

I think usually people lose more money in gambling because of their excessive greed. The 3 points you mentioned are wagered, risk and prize they don't realize these 3 points so they may incur extra losses. But we should discuss ways to solve problems rather than discussing problems. What steps do you think can be taken to help people better understand the basics of gambling, I mean the main points of gambling?

If you have into gambling I think you should already know, having a limit is number one, no matter how tempting and enticing the options might be you must always have a limit that you shouldn't exceed no matter what, you can decide not gamble with at least 5 to 10 percent of your income monthly, this would help you minimize your losses..stop chasing your losses, I think this is the most important cause it's the main reason a lot of gamblers lose so much, learning self control when you lose is very important...with these two points you are good to go