What are the main points of gambling?

[GigaBit]

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 will be wins and losses in gambling but is it possible if gamblers only think about winning? Never possible. Losing is never a concern for me. But a growing trend among gamblers is winning. They become so eager to win fast in gambling that they make some common mistakes. They consider gambling as a source of income rather than as fun. Even they are becoming dependent on it for regular income. Such behavior of gamblers certainly increases their risk of losing. If you can stay away from gambling addiction and control your excessive cravings, I think there will be no more problems. It would be a big mistake for a gambler to plan gambling based on the other's winnings. In gambling Not everyone is lucky and not everyone wins.

[ChiBitCTy]

lol or how about some people just gamble for fun? I really wonder if the majority of people who participate in this board really are the gambling degenerates that it seems many are made out to be.  Why does everything spoken about on this website have to do with "making profits".  There's more to bitcoin as well as gambling than "making profits". 

The main point of gambling should be to have fun.

[hedgeh0g]

I also think that many people don’t understand that it is possible to somehow systematize what we do in gambling. For example, many people don’t think about what potential profits are and the losses that can be tolerated in order to win. In fact, many of my understandings came from years of playing poker. I began to understand how my opponent thinks, what the pot odds are, what limits I need, how the poker room and casino make money, and many other things. I think if a player only plays slots or roulette, then he will probably never think about such things. Although now YouTube is full of various videos on this topic and you can learn a lot if the player only has the desire.

[bluebit25]

I simplify all gambling to just rules and prizes. It includes the initial capital, how the betting games work, and the prize structure behind it.

Most of us easily know about it, but each person will have a different mode of exposure. For example, for those who play just for entertainment purposes without paying too much attention to the results, they will consider the cost of gambling activities as the amount of money they spend, for players looking for money opportunities, it is experience as well as also requires careful research. We can see some cases of luck occurring but it is usually very small and seems like the probability is low, but in the gambling space, the reality as I understand it is that the calculated probabilities are not efficient much and victory always belongs to the "owner"

[Gozie51]

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

They do but the problem with people gambling is that all their focus is on profit and they don't consider their loses so when that begin to happen to them, they will start to complain , especially the newbie gamblers. Life is a lesson likewise you have to learn with the experiences of gambling to fortify yourself. So it is not that people lose much but they gamble irresponsibly and expect magic to happen. For example, I know of more people who have won from single bet or fewer bets game than those who have won through multiple bet and that could mean the chances of winning with fewer games is greater than multiple bet but some people prefer to take the risk of jackpot with multiple betting and when they don't get that after a while, they will start getting restive and complaining.

[Winterfrost]

lol or how about some people just gamble for fun? I really wonder if the majority of people who participate in this board really are the gambling degenerates that it seems many are made out to be.  Why does everything spoken about on this website have to do with "making profits".  There's more to bitcoin as well as gambling than "making profits". 

The main point of gambling should be to have fun.

It's a fact we need to accept, in the process of gambling for fun I also don't want to lose my money despite it would not have any negative impact on my chances of survival. We say we gamble for fun but each time we lose money we all feel the pressure and be/feel in an unsatisfactory situation, it is common. The rules on gambling should be to gamble responsible and avoid chasing loses while gambling because either doing it for fun or not, the final process ends in making profits.

[decodx]

Does it mean they don't know the main points of gambling?

No. This doesn't mean that people don't know the main points of gambling. They know you risk something for the chance to gain more.  But understanding the basics don't mean you grasp the appeal or downsides.  For some, it's harmless fun.  For others, ruinous addiction. 

Sure most folks understand the core idea - put something on the line and hope luck favors you.  but that surface comprehension skips why it entices some personalities and destroys others.  Some can dabble and walk away.  Others crave one more try, then another, despite the losses piling up.  Self-control ain't a given.  And addiction makes you play a whole different game.

[Ever-young]

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?

Well you are right and I support you as well, most people who gamble don't really know what it takes to gamble or the points why they are gambling, because if they really know, I don't think they will be losses much like they way they are doing, so I think before people gamble, they should bear it in mind that gambling it's all about risks and it's also required self control, for someone not to get addicted, because if someone becomes an addict, it's always difficult for the person to stop gambling so in order to avoid that, they should gamble responsible and not to gamble in order to become rich through it or because it favour or u see your friends winning from it, let's know that all fingers are not equal, what benefit others might not benefit us, so let's be careful.

[Ojinga]

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]
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]

 with your own four elements I think they're at points, cause with this you can eventually know the major activities of gambling. I won't say 100% people are gambling for entertainment or neither socialization, what i notice now 50% at of 100% are gambling to earn money some people will say it's cause of the economy in their country.

But it's not, I don't think it's because of the economic situation that makes someone to gamble for him/she to earn money. For me their reasons should be something else not the economy. Thanks for your opinion.

(Maybe I did not get the quoting right but please ignore )

[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?

Previously I have often said on several other pages that one of the reasons why someone experiences bad effects in gambling such as experiencing many problems whether it is getting into debt or experiencing destruction in their family relationships due to a weakening economy, all of that begins because they misunderstand or do not know about how gambling really is, they do not know the main points that should be more concerned about such as the consequences of possible risks that can occur at any time which can eliminate their money in a short time.

I see most gamblers, especially those newbies who just came, they see gambling only from one side, namely in terms of opportunities to win but they don't think about what if they lose, because after all, the name of defeat will always be a part that can never be separated in gambling. Gambling is always about the chances of winning and the possibility of losing but the mistake of most gamblers is that they only see in terms of opportunities to "multiply" their money but do not pay attention that they can also lose money. Because on the other hand I am sure that if you know about the concept of gambling then you will not dare to act recklessly such as risking large sums or planning a lot of time to engage in gambling or whatever it is that leads to excessive action, and the point is that someone who knows about how gambling is actually they will definitely be more concerned with risk management than pursuing something that has no certainty and guarantee of winning.

[Gozie51]

lol or how about some people just gamble for fun? I really wonder if the majority of people who participate in this board really are the gambling degenerates that it seems many are made out to be.  Why does everything spoken about on this website have to do with "making profits".  There's more to bitcoin as well as gambling than "making profits". 

The main point of gambling should be to have fun.

It's a fact we need to accept, in the process of gambling for fun I also don't want to lose my money despite it would not have any negative impact on my chances of survival. We say we gamble for fun but each time we lose money we all feel the pressure and be/feel in an unsatisfactory situation, it is common. The rules on gambling should be to gamble responsible and avoid chasing loses while gambling because either doing it for fun or not, the final process ends in making profits.

Well I have not believed that gambling is for fun or that people gamble for fun. If it is for such purpose then losers won't get bothered about why they are losing money more than they are profiting. So it is a purpose for profit that gamblers are rushing into gambling and not because they desire to lose. They desire to win not losing so it is not for fun that most gamblers go for it. The point is most are only focused on gambling it as source of income and so when they don't win, they will start the regretting phenomenon in gambling.

[Zanab247]

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?

one of the main point of gambling, gamble for fun which is the major point that is keeping many gamblers to remain in gambling till now because they are not addicted to gambling because they didn't take it as an investment.

Approving a budget in your gambling is another point you must embrace before going into gambling, because it will help you not to gamble above your money you budget for the gambling, and that is what some people don't want to achieve before going to gambling.

They don't have the main points of gambling, which is the reason they follow some gamblers lifestyle to start gambling, which is the easiest way to be addicted to gambling because you didn't carry out your research to know the main points of gambling.

[Bananington]

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?

Knowing the points of gambling will not make certain than you win every time you bet, it has no real relationship with ensuring success when you gamble. For example, if someone agrees to the point that they are gambling for money, or for fun, and then go on to play a skill based game, they still will not win if their skill in that game is not enough. Asides the point of gambling, also know the kind of game you are playing, if it is a skill based game or a luck based game.

[passwordnow]

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 no other main points of gambling and the majority of us are just into two things about it and they are;

• Making a profit
• Having fun

Most gamblers would say that they are in it to have fun and not to make profit so that they don't compromise their feelings and to see that they're still doing great. However, the real reason why the majority of us are gambling are for the profit. No gambler wants to gamble to take a lot of losses, right? And that does makes sense to verify that if not all of us but the majority are clearly gambling to make some money.

[alastantiger]

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.  

Most of the addicted gamblers are those who chase after the money. It is those who want to by any means possible raise money from their gambling to solve their problems or use it as a side hustle. They end up in a financial and mental wreckage when the truth and reality of what it is begins to unfold.

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.

I once gambled to cope with the a very difficult life challenge. At that time I felt all alone and I must admit that when I look back now I could have probable chosen other alternatives but I didn't. I chose gambling. It wasn't for fun or for the money, it was just a way to deal with my situation and it was the most convenient alternative at that time. The other alternatives required that I leave my living space and meet other people, I didn't want to do that so I chose gambling.

[goaldigger]

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?

Every gambler have their own point of view about gambling, and we can't force them to think the same way especially if they believe that gambling is a good source of income, sooner or later they will realize the real purpose of gambling and that can somehow a wake up call for them. Personally, i see gambling as for entertainment purposes, and if got lucky I might be able to bring home some good profit and that could satisfy more my desire to win in gambling.

[angrybirdy]

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?

Do any of us still think about what the main points of gambling are? it's like it's gone now most of the time if you ask the participants what is the reason why they gamble, the only answer they will give you is to earn money or to have fun with friends, that's how the reasoning of the participants revolves gamblers and even the beginners, they focus more on the thought that "I will make a lot of money in gambling"

[uneng]

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

Yes, they don't know or don't absorb what gambling is about. They are blind by their own beliefs and misconceptions of gambling, maybe because they are still newbies without experience, or maybe because they are too stubborn and foolish to understand they can't turn gambling into a stable source of income or a regular job. And if they insist following this path, they are only going to make their lives worse and worse, without achieving prosperity and conquests along the years.

Everyone here has probably already seen during their lifetime people who kept insisting on the same behavior patterns and addictions, and as consequence they didn't reach anywhere, rather they remained on the same precarious life conditions for decades. For someone who is outside this reality it's hard to understand why some people act like that, but it does happen more often than it should...

[topbitcoin]

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?

Those who engage in gambling simply because they are swayed by their friends' winning streak might as well be missing the point of gambling altogether. It is easy for them to be lured into trying their luck just because they see others prospering, without the due consideration of responsible gambling risks and stakes.

Huge losses in gambling often stem from ignorance or obliviousness to the basics of gambling, like knowing the risk at stake or even just understanding that winning is not guaranteed. For some, it could be lack of education on responsible gambling while others may lack awareness on the impact of excessive gambling behavior.

Responsible gambling is something that should be considered. Similarly, gambling should not be the sole avenue for income or entertainment. When individuals are well aware of the risks and at par with what rewards can realistically be expected, they can avoid massive losses while also sidestepping addiction. This is important: to promote an informed approach to responsible gambling that recognizes it as a choice rather than a necessity.

[Samlucky O]

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?

Not that they don't know the point of gambling but the fact still remains that gambling doesn't guarantee you sure wining all the time. If you are an expirenced gambler, you will know that gambling is a game of luck. It is not possible for many people to gamble hoping to earn Daily. And another impression I will like to correct, is that there is not every body that can tell accurately the purpose of gambling in respect to your explanation.