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Author Topic: What are the main points of gambling?  (Read 750 times)
Ojinga (OP)
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May 09, 2024, 02:01:23 PM
 #1

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?
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May 09, 2024, 02:03:25 PM
 #2

Main points.of gambling and reasons for gambling are different..i think that people do not care about the main points of gambling because to them it is inconsequential. What matters is the reason for gambling which a lot of people do not know. Than that is why we have a lot of people spending money that they cannot afford to lose on gambling. They also go as far as loaning money to gamble and do a whole lot of other stupid s*** just for gambling because they do not know their why for gambling. This leads to an increasing number of gambling addict. People blame casinos and sports betting sites for this reason but it is obvious that a lot of people do not know why they are gambling or should be gambling.

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May 09, 2024, 02:12:32 PM
 #3

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.

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May 09, 2024, 02:21:11 PM
 #4

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

I don’t even understand what are you trying to express on the points that you mention. People will still loses even if they understand the principle of gambling or not as long as they are still gambling. What important is they use it for entertainment purposes without using an important money dedicated to other matters.

House edge will always makes gambler lose plus poor bankroll management equals significant losses. However, all this losses will never be a big deal if all gamblers is a responsible gambler which is using only an amount that they can afford to lose.

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May 09, 2024, 02:30:42 PM
 #5

    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 just say that while the elements you have mentioned may apply to some people, to others, there are different elements and reasons on why they gamble in the first place.

    If I could add to the ones you have stated, you may also include:

    • Entertainment value;
    • Socialization;
    • Adrenaline; and
    • Competitiveness

    The reason on why I included those four (4) elements is because not everyone who gambles aim to win the actual prize. Some gamblers gamble since they consider it as their source of entertainment and socialization (more on physical casinos). There are also some people who aim to feel that adrenaline whenever they wager huge amounts and the sense of relief knowing that they have won their bets.

    Lastly, some people are just really competitive in nature to the point that they are willing to bet just to prove a point. A perfect example here would be Michael Jordan since he gambles primarily for the sprit of competitiveness to prove that he is the greatest inside and outside the basketball court.[/list]
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    May 09, 2024, 02:43:17 PM
     #6

    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?
    People that see gambling as a means of income will always ignore the main point of gambling, and that is why they are running at great loss. This applies to cigarettes too, there is a warning that smokers are liable to die young, but still new people enter the smoking line daily.

    It is another thing to know, and another to practice that you know into action, this is where it becomes difficult, and only the ones that understand that gambling is for fun, and uses little amount of money to gamble are the ones that are practicing the right way to gamble.

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    May 09, 2024, 02:45:56 PM
     #7

    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?

    We are just humans and full of emotion, and it shows when we gamble; it's not that gamblers do not understand the point of gambling it's just that they are overwhelmed by their greed and emotions; many gamblers know and understand what should not be done in gambling but out of greed they break the rules and they follow their emotions and greed.

    Addiction in gambling comes from too much attachment to gambling and the emotions and feelings plays a very important part of that.

    This is why in the rehabilitation process, they do not feed addicted gamblers with logic and reasoning. Still, they feed the emotions of something that can substitute the yearning to gamble.

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    May 09, 2024, 02:56:47 PM
     #8

    The main point of gambling is for fun.

    If someone gamble for money and become an addict, blame the gambler, not the gambling. No one force to gamble, if someone don't get the fun while and after gambling, they can stop including completely avoid it.

    It just dumb someone continue to gamble in order to earn while the reality they're in loss.

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    May 09, 2024, 03:01:39 PM
     #9

    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?

    Possibly YES, because I think the majority of gamblers are those who aim to make a profit from gambling. Some people even think that gambling is like work where they can make sure money from gambling, but in reality it's not like that, because gambling is also a business that was developed to reap lots of profits from the many people who gamble. and with those who gamble excessively so that they experience big losses, in my opinion they don't think about gambling well, including not considering whether the action they are going to take is a big risk or not. However, with gambling that can give them an uncertain win, it makes them take actions that they don't think about.

    In fact, when our friends win at gambling and then we follow carefully the steps that our friends do, the results will not be the same, most likely they will be different, because in my opinion winning at gambling is not based on strategy, but on luck. So even if we gamble by following the steps taken by our friends who can win at gambling, it will not guarantee that we can get the same win.

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    May 09, 2024, 03:04:23 PM
     #10

    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 don't think any mature individual wouldn't have a reason for gambling. Young adults might be influenced to gamble by friends but they become addicts for a reason. They might either be chasing money or having fun. I don't understand your explanation about people losing much in gambling. Losing much in gambling to me simply means gambling more than you can afford to lose.

    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.
    People gamble for mainly two reasons, fun and money. If your aim is for fun, that's perfect because you will never be addicted. If it is for the combined purpose of fun and money, it's also nice. But if it is solely for money, you might chase losses or gamble more than you can afford to lose. I gamble for the fun and money but I follow my gambling budget strictly.  
    Crypt0Gore
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    May 09, 2024, 03:05:13 PM
     #11

    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?

    There are only two types of gamblers that I know.

    1. Those who want to make life changing money.

    2. Those who are looking to make some money and have great fun while doing it.

    I can say that making money is the smallest part of the reason why I am gambling, unlike many people, I just happen to like some casino games and I spend most of my time watching my favourite shows and movies but when I miss gambling I somehow always find my way back.

    I can't even advice someone to gamble if they want to make money, that is a bog lie, gambling is not a source of income like many people thought, that is why they mostly end up learning the hard way.

    If you want peace for yourself, dont even develop that emotional feeling of making big amount of money through gambling, if it is written that it will happen then maybe you will get lucky, but don't let this be your main reason why you are gambling.

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    The Hidebehinder
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    May 09, 2024, 03:07:10 PM
     #12

    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,

    You seem to not know it either, you're describing the elements of gambling or how gambling works, not the main point as the reason people gamble and in my opinion those are fun, boredom for myself and for others is also greed, desperate need, frustration and so on, mostly based on the dream of getting out of a situation with just luck and nothing else, the simple solution gamblers fell pray to.
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    May 09, 2024, 03:13:00 PM
     #13

    Imo the important point is to manage the bankroll when this is exhausted then you should stop playing and come back after recovering, but in gambling losses are natural even the ratio of losses is greater than wins, while we consider gambling games to be luck so there is no certain victory.

    I would consider the person wrong when gambling as their daily income because it is impossible for them to earn income from gambling there are continuous losses especially when you are full of emotions where you continue to increase bets if you lose to cover previous losses.

    It is nothing but fun to play gambling with a high adrenaline sensation but behind that you must be able to be responsible or disciplined to be more directed in spending for the pleasure of gambling.

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    May 09, 2024, 03:15:49 PM
     #14

    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?
    Pandu Geddon
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    May 09, 2024, 03:21:55 PM
     #15

    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?

    Gamblers don't know the basics of it all. what happens is that most gamblers lose control of it all. That's what results in more gamblers playing beyond the considerations and risks they can face.
    If you have felt how you are a little closer to gambling addiction, maybe you will understand how a gambler consciously sets limits on their abilities but also consciously take risks to exceed these limits.
    I'm not telling you to get addicted to gambling. but more gamblers are actually addicted but don't realize that they are actually on a dangerous line in gambling games.
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    May 09, 2024, 03:25:50 PM
     #16

    Fun, experience, and the event itself is something that we can take away from gambling, the points you mentioned also important but still it go on the secondary in my priority list which makes me away from any bad consequences that follow when you are into gambling. If I were to add some more then how about knowing everything about the game that you are betting, for example if it's poker there are lot of ways that you can increase your chances of winning.

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    May 09, 2024, 03:31:31 PM
     #17

    The 3 points you mentioned are wagered, risk and prize they don't realize these 3 points so they may incur extra losses.
    The three points the OP mentioned are: consideration (an amount wagered), risk (chance), and a prize. The first point is not wagared but consideration of the amount to wager.

    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?
    consideration
    Not to use gambling to look for money is the main thinking that can help against addiction. Use small amount of money for small budget. Be disciplined is another ones.

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    May 09, 2024, 03:34:23 PM
     #18

    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?
    knowing the main points of gambling it's aslo a better understanding to people who haven't come across of it. What do you suggest for those who don't know the main points? Cause it'll be difficult for someone to make those people who doesn't know the main points of gambling to understand how gambling works.
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    May 09, 2024, 03:35:57 PM
     #19

    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 think most people know them but they overlook them,they take them for granted and the only thing they think about a point of gambling is how to get rich in a very fast amount of time,that is the main motivator nowadays and by having this factor as the main motivation they risk it big and many become addicted.If they thought about risk being presenr they would not play in the first place,they think they will bypass risks.

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    Ojinga (OP)
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    May 09, 2024, 03:36:08 PM
     #20

    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?
    knowing the main points of gambling it's aslo a better understanding to people who haven't come across of it. What do you suggest for those who don't know the main points? Cause it'll be difficult for someone to make those people who doesn't know the main points of gambling to understand how gambling works.
    first you have to know this element before any necessary things
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