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Author Topic: Ranking forms of enternaintment by money spent, gamnling's position  (Read 453 times)
alani123 (OP)
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July 15, 2024, 08:04:20 AM
 #1

Watching a local football club: ~15€ admission fee, 95 minutes of entertainment. 10€/hour
Going to the movies: 12€ admission fee, 100 minutes of entertainment. ~9€/hour
Entrance at the club with a drink included: 12€, 2.5 hours of entertainment ~4.8€/hour
Watching movies on streaming site: 11€/month, dozens of hours of entertainment. ~2€ per hour
Buying a computer game: 60€, hundreds of hours of entertainment. ~<=1€/hour

Now for gambling, we'll need some explaining. Gambling has many forms, from sitting on a table with friends and playing for peanuts instead of real money, to sitting in a Vegas casino and spending hours on the slot machine. As slots are quite the popular form of entertainment for those that like to gamble, I think it's worth judging this game as an example for gambling. There's not so many games you can calculate the money spent per hour as easily as slots also, because it's one of the few games with a stable flow.

Slots are designed to have a flow of 10 spins per minute, and most have a minimum of 10 cents or above. So with that we can make some calculations. Let's say someone likes to play a slot with the minimum bet. That would be 1€ per minute, or 60€ per hour. Let's leave some leeway for the times you win anything and the animations stay longer on the screen. Even if you don't fast forward, it won't be less than 55€ per hour.

With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.
I'd say if you view gambling as a form of entertainment you should find games where the minimum bet fits your budget if you want to spend hours doing it per session. To each their own ofc and your mileage may vary. But it's interesting to think about it this way.

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July 15, 2024, 08:59:16 AM
 #2

If you consider gambling as a hobby, counting also the fun time you can achieve, is also a good factor to keep in your activity list.
but obviously there is not only this in gambling... most of the time you play to win and make a profit.
of course is an expensive hobby. gambling house and bookmakers are running a business and have a profit for them is a must not just an option.

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July 15, 2024, 09:42:55 AM
 #3

~ As slots are quite the popular form of entertainment for those that like to gamble, I think it's worth judging this game as an example for gambling. There's not so many games you can calculate the money spent per hour as easily as slots also, because it's one of the few games with a stable flow.

But since you can bet from $0.10 up to $100 per spin(and on some slots you can even bet $200 per spin, I believe), it's actually hard to calculate how much you will need to play slots for an hour.

Slots are designed to have a flow of 10 spins per minute, and most have a minimum of 10 cents or above. So with that we can make some calculations. Let's say someone likes to play a slot with the minimum bet.

That's me, I like to play slots with the minimum bet or twice the minimum bet max.

That would be 1€ per minute, or 60€ per hour. Let's leave some leeway for the times you win anything and the animations stay longer on the screen. Even if you don't fast forward, it won't be less than 55€ per hour.

I disagree with this calculation because it's impossible to lose on a slot all the time. Sometimes you win something, and sometimes it's 5x of your bet and there are times when it's 50x or much more. On average people lose around €5 per hour playing online slots betting 10 cents per spin. So, I'd say the expenses are comparable to those if going to the movies.

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July 15, 2024, 10:17:35 AM
 #4

That would be 1€ per minute, or 60€ per hour. Let's leave some leeway for the times you win anything and the animations stay longer on the screen. Even if you don't fast forward, it won't be less than 55€ per hour.

I disagree with this calculation because it's impossible to lose on a slot all the time. Sometimes you win something, and sometimes it's 5x of your bet and there are times when it's 50x or much more. On average people lose around €5 per hour playing online slots betting 10 cents per spin. So, I'd say the expenses are comparable to those if going to the movies.

You are right, we always have some returns while playing slots or any other game, we can't just lose the entire balance without winning anything.
I guess even with some really bad luck 55€ will last longer than 1 hour, and in case we get hit by some luck we can score some nice "over 1k" win.

Fun costs money. You can watch a game for $15, but tickets are more expensive for some big games and important sporting events, in the club you can have one drink or relax and drink more and maybe pay some girl a drink if you are really having a good time. Of course, there are cheaper variants, but we all know that with a little more money comes more fun... how much we are willing to spend on it depends on our financial situation, desires, and mood.

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July 15, 2024, 10:29:53 AM
 #5

It's not even Avery gambling that has what it takes to watch live matches in stadium and even those that watch via thier mobile devices and still subscribe for data don't really spend that much to watch an hour game. I stream Most of my matches with my mobile device and do data subscription of 200 Naira which is enough for a full match that takes an average of 1GB. If I should relate it in dollar that's equivalent to $0.1 as data subscription while I bet with the range of $2 for most cases in my local currency.  The time and amount you spend in watching a game isn't supposed to be addee to the cost of gambling because for most persons that aren't even gamblers, they still pay an equivalent of similar amount or way more than what i spend all combined together in the cause of Gambling.

In some way, visiting viewing centre or even stadium is just part of the experience we enjoy as humans and regardless of how much some people spend in gambling, it's still possible that they will view it from such context that's it's basically fun.

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July 15, 2024, 10:34:52 AM
 #6

If you consider gambling as a hobby, counting also the fun time you can achieve, is also a good factor to keep in your activity list.
but obviously there is not only this in gambling... most of the time you play to win and make a profit.
of course is an expensive hobby. gambling house and bookmakers are running a business and have a profit for them is a must not just an option.

Comparing how much you spend to the amount of time you enjoy the entertainment activities is not appropriate. The level or type of fun you get from each activity is different. The joy of winning a computer game where nothing is at stake is different from gambling. The anxiety and suspense of waiting for your game to play cannot be compared to the type I experience in movies. If gambling is only for entertainment, then I would prefer to buy a video game or pay for a TV subscription to watch some of the football games. Most people gamble to make a profit and this is one of the motivating factors for gambling and not the duration of fun.

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July 15, 2024, 10:41:21 AM
 #7

This is indeed an interesting perspective to have if we analyze different forms of entertainment and how they could affect our income and savings, though, I would like to point out that in the example of the "computer game" the kind of game and the platform which we buy it on can vary the hours of entertainment greatly.
There are games which are only about 5-6 hours long and they can cost up to 80$ at the day of their launch, those are movie-games, which are not replayable. On the other hand, there are some very good and well done indie games which have hundreds of hours available, that is specially true when we talk of dungeon-crawlers and rogue-likes.  Tongue

Gambling can be very expensive as a form of entertainment, but I think I have managed to make it affordable enough to keep it within my budget. Dices are quite affordable if one does not mind to wager pennies.  Tongue

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July 15, 2024, 10:53:36 AM
 #8

With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.
For a perspective of a gambler, it's true that this is the most expensive. But to be honest, if it's the most expensive this has to be a subjective matter. A gamer can also spend tons of money buying those expensive games and as well as in game purchases. So, it does vary on who's looking at it and the perspective that's being applied so, to each their own.

I'd say if you view gambling as a form of entertainment you should find games where the minimum bet fits your budget if you want to spend hours doing it per session. To each their own ofc and your mileage may vary. But it's interesting to think about it this way.
Yeah, interesting to see the different perspective on these matters. If it's all about entertainment, the good thing is that we've got a lot of choices per se. But if someone is looking at gambling as a way to earn money, that's another topic to be discussed and that's an unending discussion too. So, you gamble, you do your thing and you check always your decisions, emotions and pockets.

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July 15, 2024, 11:07:48 AM
 #9

With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.
For a perspective of a gambler, it's true that this is the most expensive. But to be honest, if it's the most expensive this has to be a subjective matter. A gamer can also spend tons of money buying those expensive games and as well as in game purchases. So, it does vary on who's looking at it and the perspective that's being applied so, to each their own.
Yes some people get too addicted with their own hobbies. Some collect things and not even cheap ones. It is definitely dependent on how much they are spending on a hobby. Any hobby can be expensive but you need to just control how you go about it.

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July 15, 2024, 11:13:46 AM
 #10

Yes, of course I can also say that gambling is one of the expensive forms of entertainment, this can be justified, or I mean I agree with that opinion. On the other hand, you suggest a good idea for people who make gambling a choice to find entertainment by looking for a type of game that suits the minimum bet amount that we can afford, but sometimes the duration of the game cannot always be determined by the idea you have. use, or what it means is that even if, for example, you use a method so that your gambling session lasts quite a long time using minimal capital, I am not sure that this idea will really make you last for a long time in running the session.

Because however, in my opinion, it comes back to how good the spins are in the type of slot game you choose, which means it also depends on luck, because even if, for example, you have a type of game that has a small multiplier that matches the amount of your capital, that doesn't mean the game you want run can last a long time.

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July 15, 2024, 11:28:57 AM
 #11


With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.
I'd say if you view gambling as a form of entertainment you should find games where the minimum bet fits your budget if you want to spend hours doing it per session. To each their own ofc and your mileage may vary. But it's interesting to think about it this way.

Correct! Gambling is the most expensive form entertainment because it give chance to earn more money than what you are spending compared to other form of entertainment that you mention.

That’s why you should only play what you can afford to lose just like allocating budget for movies and other entertainment which you are willing to spend your money without thinking about losing it in exchange for entertainment.

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July 15, 2024, 11:29:38 AM
 #12

With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.
For a perspective of a gambler, it's true that this is the most expensive. But to be honest, if it's the most expensive this has to be a subjective matter. A gamer can also spend tons of money buying those expensive games and as well as in game purchases. So, it does vary on who's looking at it and the perspective that's being applied so, to each their own.
Yes some people get too addicted with their own hobbies. Some collect things and not even cheap ones. It is definitely dependent on how much they are spending on a hobby. Any hobby can be expensive but you need to just control how you go about it.
That's right, any hobby can be a form of entertainment and someone who's very much enthusiastic with it can spend hundreds, thousands and even more. As for gamblers, that's what we're seeing when we're already on it. Others won't understand the passion of others that have different path and hobbies. That's why it is for us to judge ourselves based on how we're perceiving these matters and hobbies because we're all different and cannot define the happiness that it brings to us when we do things and how we're able to spend on those.

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July 15, 2024, 11:41:15 AM
 #13

If you consider gambling as a hobby, counting also the fun time you can achieve, is also a good factor to keep in your activity list.
but obviously there is not only this in gambling... most of the time you play to win and make a profit.
of course is an expensive hobby. gambling house and bookmakers are running a business and have a profit for them is a must not just an option.

Comparing how much you spend to the amount of time you enjoy the entertainment activities is not appropriate. The level or type of fun you get from each activity is different. The joy of winning a computer game where nothing is at stake is different from gambling. The anxiety and suspense of waiting for your game to play cannot be compared to the type I experience in movies. If gambling is only for entertainment, then I would prefer to buy a video game or pay for a TV subscription to watch some of the football games. Most people gamble to make a profit and this is one of the motivating factors for gambling and not the duration of fun.
I also think that the amount of time and money spent on entertainments differs and you cannot compare most of them to the amount of money spent on gambling. Gambling is an expensive entertainment if you're looking at it from the fun perspective, for other entertainments like going to the movies or sitting in a stadium to watch live matches, you pay once and enjoy yourself but the longer you stay in gambling the more money you're spending, except when you win. Gambling is not all about having fun, gamblers actually wants to win money, otherwise they can play video games as long as they want for free and be entertained.











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July 15, 2024, 11:54:51 AM
 #14

With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.
I'd say if you view gambling as a form of entertainment you should find games where the minimum bet fits your budget if you want to spend hours doing it per session. To each their own ofc and your mileage may vary. But it's interesting to think about it this way.
Gambling does not come to me like a form of entertainment. I'm even thinking that those who find gambling as entertainment tend o be so addicted to it because the feeling of joy they derive from gambling makes them suspend their own rules including the need to properly manage the bankroll. A real and serious gambler ought to detach emotion from the gambling activities so when gambling is seen as a form of entertainment, there is high chances emotion will be attached and this will not end well.

Furthermore, I don't think the allocations you made to the various gaming options are applicable to all because some of the items cost far less in my country while some cost more. Maybe you used an estimate which still mean that gambling consume more money but can return money too whereas the other options are purely for pleasure.











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July 15, 2024, 12:06:55 PM
 #15

With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.

You are right, but the fun thing about gambling being used as entertainment is that you can sometimes manage to win significant amounts from it which isn't a possibility when we are getting entertained from other sources. Besides, it depends on a person's interests whether what they want to do at a certain time to get entertained. A person wouldn't like to do a single thing every time to get entertained, I might want to play some video games sometimes, but I might also want to watch a movie at another time, it all depends on the mood.

So I think people who gamble for fun already know that it is more expensive than a lot of different sources of entertainment out there, but they do it because they want to, maybe they are in the mood sometimes to spend some money on gambling, and such people would always have a limited amount and they don't spend a penny over that amount if it's lost.

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July 15, 2024, 12:30:03 PM
 #16


With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.
I'd say if you view gambling as a form of entertainment you should find games where the minimum bet fits your budget if you want to spend hours doing it per session. To each their own ofc and your mileage may vary. But it's interesting to think about it this way.
If you are really that trying out to connect into those things which with gambling and those other things that connects with those regular spending into those typical entertainment then you would really be able to see their significant differentiation in between two stuffs and its up to you whether you could really be that able to afford or not. If you are already making up some budget or simply have that allocated funds for it then it wont really be that an issue but if it turns out that you are really that go beyond spending or budget then this would already that become an issue. How much more into those other things on which it isnt
really just that limited to gambling but also into other forms of entertainment on which we know that everything which is really that too much would really be that always bad.

Everything will really be needing up that control and awareness about spending because once you do already get out with those budget then you would really be that definitely
be having that kind problem on which this is something that must be avoided in the first place. Everything should really be that in moderation or something
which should be that needed up.

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July 15, 2024, 12:32:04 PM
 #17

If you consider gambling as a hobby, counting also the fun time you can achieve, is also a good factor to keep in your activity list.
but obviously there is not only this in gambling... most of the time you play to win and make a profit.
of course is an expensive hobby. gambling house and bookmakers are running a business and have a profit for them is a must not just an option.
Hobby is one activity most people fails to keep their tracks or keep records of it.
In gambling, while some people gambles for fun and some gambling for profits, most ones gambling for funs are actually spending more than even those gambling for profits.
While we gambles for fun, it makes whole lot of senses to admit responsibilities so that we don't spend more than expected due to the impressiveness of the entertainments being obtained while playing those hobby games or activities being required fund payments before playing.











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July 15, 2024, 12:34:30 PM
 #18

With that, as a form of entertainment, gambling can be the most expensive one! Especially when talking about slots.
I'd say if you view gambling as a form of entertainment you should find games where the minimum bet fits your budget if you want to spend hours doing it per session. To each their own ofc and your mileage may vary. But it's interesting to think about it this way.
It was created for rich people who are not afraid of losing money and they have easy financial resources so they will never lose money in gambling because it is like paying for entertainment to relieve boredom in life, but some people who are even below their means of living also want to play slots and many of them lose more in gambling which makes gambling seem bad and sad.

For people who have an average income or are still in the stage of thinking about future life, it is important to manage money to be used in gambling, because I also agree that slots are a place of entertainment that can eat more money than other games, with tantalizing spins and possibilities that are sought after and graphics that make it interesting sometimes we don't want to stop and even do several sessions until we are satisfied, I like it that way.

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July 15, 2024, 12:55:22 PM
 #19

Yes, it is the most expensive entertainment out there. And you won't realize that unless you play it.
I remember yesterday, I deposited $10 in one online gambling site and I tried to play at the minimum bet possible on just one game. It just took 10 minutes I think before everything is gone. We should also count the times when we get some wins like x2 - x10 and there will be some lucky rolls where you will hit x20 - x50. Those are the times when it could make the playing time longer, but still, when you fast-forward everything, 10 minutes is all it needs to take away everything from you.
Now, if you get luckier, you will get a higher multiplier in slots but if you don't withdraw after that, it could also be gone in minutes.  Cheesy When it comes to gambling we also have to be wise to know when we will get out.

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July 15, 2024, 12:56:17 PM
 #20

If we think like this, then we will always be able to find cheaper and cheaper entertainment and will gradually come to the conclusion that there is a lot of free entertainment. For example, you can solve free online puzzles. You can play solitaire, solve crosswords or sudoku. You can also play chess or checkers for free or shareware on some sites with artificial intelligence, or choose your partners to play from among volunteers on the site. In general, if you set yourself the goal of playing exciting games and at the same time have a minimal budget, then in fact you will always have a very large selection. At the same time, free games are no less exciting than games for money. If you are definitely looking for games for money, then you can find them for a small budget.

 
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