Ranking forms of enternaintment by money spent, gamnling's position

[Zoomic]

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.

The difference between these forms of entertainment you listed above and gambling is that a gambler still has the chance of getting the money he spent back if he played the game well, but this cannot be said about the other forms of entertainment, except in cases where the individual pays nothing to get entertained.

Reducing the rate at which one gambles or avoiding gambling totally to concentrate on "real entertainment" that guarantees nothing in return aside just fun does not guarantee that an individual is or will be financially prudent. People spend alot going to the movies, expensive  clubs and other expensive places. Anyone can still spend carelessly whether he gambles or not.

Whichever way one intends to get entertained, it is expected that they stay disciplined. It is only a disciplined person that can really control how he spends on entertainment, including gambling.

[Dewi Aries]

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.

I am interested in discussing one of the words you put in your idea above that if you say that gambling with the intention and aim of having fun can drain more money than gambling with the aim of making a profit then I think rich people are usually come looking for entertainment will most likely become bankrupt and lose all the valuable possessions they have. As we know, most people always advise anyone to use gambling as a place to find entertainment rather than to make a profit, the reason is clear because when your main focus is not to make money then you will be somewhat spared from various excessive impulsive decisions that are likely can lead you to a much larger amount of loss.

On the other hand, I understand that the goal of gambling for fun is not always to save you money, but it is very unlikely for a gambler to lose a significant amount when their main focus is not "doubling the money" they bring in, and also when one makes it entertainment. As the main goal, there is a possibility for them to stop when they feel entertained, while the goal of making money will always be accompanied by greed where there will be no stopping in the process. This means that whatever your goal, even if for example you gamble with the intention of entertainment, of course limits will always be something that should be applied.

[KTChampions]

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.

Let’s say the RTP in slots is 90% (actually more, but let’s take the worst case), this means that in an hour the player will lose only 10% of the bets = 6 dollars. It's cheaper than cinema and almost everything you listed 

In addition, in a movie or a club, or at football, you don’t have the opportunity to hit the jackpot and walk away with a large sum of money, but in a casino you do. How do you take this into account in your calculations? M? Maybe you should make new calculations that are closer to reality?

[Sandra_hakeem]

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.

I don't know but, is it really necessary to gamble for every minute that passes by all through to an hour and more? Ofcourse, if anyone decides to leave his business that would fetch him alot more money for a slot ticket for hours, he must have had enough to keep wagering! Otherwise, gambling isn't expensive as you may think - you could create other unnecessary expenses for yourself by plunging them cash into a particular round, hoping to build your dream home out of it.

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.

No, it's not. As long as the casino gives you an alternative to whatever you wanna do ; to either wager on slots like you said, or not...to also stop wagering if it feels like you're losing way too much, then it's dawn on you. How about sport bettors then?

[GxSTxV]

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.

In my personal experience with gambling, I used to enjoy it as a form of entertainment on a very small budget compared to when I started increasing my deposit amounts without any actual purpose or even enjoy it a bit but it only caused me stress. There are plenty of activities that don’t require money to enjoy and can be more entertaining than paid ones. The enjoyment derived from these activities comes from your mentality and mindset. It's not always the case that spending more will surely equals more fun, that’s wrong. In fact, sometimes it is the opposite, like spending more money and losing it can lead to a very bad mood and regret the whole day or week.

Through my experiences, I have come to a conclusion and learned how to entertain myself with small activities and when it comes to gambling, I start sessions on a small budget. I find more enjoyment in these than when I spend more. Gambling is simply an activity for fun, and when it stops being enjoyable, then IMO that's the right time to stop.

[coin-investor]

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 can be expensive, but the thrill and excitement are far better than all you've mentioned; just thinking of the potential to make money from betting is another added excitement; not all forms of gambling are expensive here in our country. You can bet in a lottery for $0.40, and the jackpot is huge, especially if the pot has not been hit as the rewards keep adding.

When gambling, you also have to think of your allocation; gambling should not be something that will deprive you of your budget to live a decent life.

You are considered a responsible gambler if you can gamble within your means and satisfy your need to be entertained. It's part of our right to be happy and to be entertained.

 

[EluguHcman]

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.

I am interested in discussing one of the words you put in your idea above that if you say that gambling with the intention and aim of having fun can drain more money than gambling with the aim of making a profit then I think rich people are usually come looking for entertainment will most likely become bankrupt and lose all the valuable possessions they have. As we know, most people always advise anyone to use gambling as a place to find entertainment rather than to make a profit, the reason is clear because when your main focus is not to make money then you will be somewhat spared from various excessive impulsive decisions that are likely can lead you to a much larger amount of loss.

On the other hand, I understand that the goal of gambling for fun is not always to save you money, but it is very unlikely for a gambler to lose a significant amount when their main focus is not "doubling the money" they bring in, and also when one makes it entertainment. As the main goal, there is a possibility for them to stop when they feel entertained, while the goal of making money will always be accompanied by greed where there will be no stopping in the process. This means that whatever your goal, even if for example you gamble with the intention of entertainment, of course limits will always be something that should be applied.

Whether gambling for fun or profits, playing the games responsibly in the sense that we should not spend more of our valuables at its course of being too much attracted with uncontrollable interests is the key to stay unworried after certain terms game over looking at our bankrolls.

Let us imagine hobby of acquiring material things with no productive potentials, most times we tends to regret after spending much on such when we don't have enough money to keep going.
In the scenario of adoption gambling for hobby as game of fun, if responsibilities are not adhered, we may spend more times and valuables than expected all just for the anxiety funs experiences.

And looking at our bankrolls aftermath, we may not have enough money to keep going in a maintain.

It is likely to be addiction. Sometimes we do the wrong thing with an intention of doing the right thing.
Just as OP analogy, can you Imagine yourself Worth $500 monthly income and you think about purchasing a machine game worth $1K all just because of the  enjoyable entertainments you get from it or even to say... An irresponsible fun gamer who chooses a particular game for fun can always go for the most expensive game of his desire just because of the features or out layers of the game and by tracking records of expenses, you have spent more than enough all just for fun.

So likely there would be no difference of such gambler for funs and the irresponsible gamblers gambling for profits because they both spends excessively.

Agreeably, fun gamblers have controllable abilities but the reality fact is that... There are still gamblers for funs being carried away of spending more and regrets in time.

You can also Imagine one who has a game feature as hobby and with a last cash supposing to be for a breakfast and your inability to control yourself would lead you to go catch gaming funs with it and then releases you are hungry after spent the money.

So, both sets of gambling for fun or profits still requires that responsibility of keep tracking of gambling records.

[Findingnemo]

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.

You can bet 1 million dollars on a single bet or just a few cents so it's not like there is a fixed price tag here so the comparison itself is bit unfair. Maybe we can relate it with OF

Online crypto gambling just opened the door for anyone to have the experience before that it's mostly affordable by the rich people so now all we have to do is just gamble responsibly and not spend more than you can lose or ever consider it as form of making money.

[Dr.Bitcoin_Strange]

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.

Well, everyone has a choice. The things that may be so fun to you are something that doesn't freak out other people, and despite the fact the fact that the price of those activities that you mentioned might be different, you don't require $55 to $60 before you can gamble for an hour. Although it depends on the casino game you are playing, There's a day I had just $0.21 in my casino balance. I started playing Baccarat, and surprisingly, I won $4+, and I didn't just do that within minutes; it took more than an hour.The point I am just trying to make is that gambling might seem more expensive, but no one cares; gamblers are concerned with the profit they will make or the fun they will enjoy. 

[Yatsan]

Basically, this boils down to the idea of which activity finishes faster and is being related to which would be consuming your money the most. Actually it matters on who you are as a bettor. If you don't bet that much then you can't expect to be losing that much. Other activities moght be more expensive on a regular basis especially those which requires equipments and gears in comparision with gambling wherein you have full control of the amount you will be engaging. People are just having this impression from gambling simply because of cases wherein rich individuals are betting huge amount of money and ends up losing; one example is drake on his recent gambling controversial losses. However, this is not represantative to all bettors.

[Porfirii]

-snip-
Buying a computer game: 60€, hundreds of hours of entertainment. ~<=1€/hour

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. 

Yes, perhaps not so many are only about 5-6 hours long, but 8 hours is quite common these days, which makes it way higher than 1€/hour. If you bought the physical disk you can recover a great part of the price, though.


On the idea that gambling is a very expensive hobby, I have to agree. Although I have to admit that for some players who are lucky enough to win big it is very profitable, the average results especially for some games (there are calculators out there, dyor) are quite discouraging.

The more they rely on your skill and the greater your skill, results can be better, but a large part will still depend on luck. That's why I think that gambling should always be understood as entertainment like the OP said, and (almost) never as a way of income.

[tread93]

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.

So recently I had a conference where it was in the Hardrock and so after naturally I put like 10 bucks in cash for one of those gambling tickets to play and I think I ended up at some like 3 cent machine, played it for like 15 20 minutes and lost it all. I had taken out maybe 100 or so and I really wanted to go and play texas hold em but of course how can you stop yourself from at least sitting in those comfy chairs they have at those things. I mean seriously you didn't even once cover the chairs those chairs are nice man. Lmfao. Anyways, I was so bummed losing my 10 on that machine so fast I didn't even bother to go play texas hold em in the casino for real, one day I will tho. One day when I am not there for a conference haha.

[darkangel11]

First of all, guys, stop quoting the whole OP! You're forcing others to scroll a lot. If you have to quote, cut the part of it you want to address!

So I'm one of those guys who claim that gambling is a form of entertainment. In my case it's much cheaper than your 50 per hour on slots. The way I do it is I bet on sports matches. Let's say I want to watch a match. Adding a bet will increase the thrill, make me enjoy it more. So I bet $10 and watch the whole 90 min with excitement. I have close to 50% win rate, so there will be times when I get entertained and someone pays me for it.

[Silberman]

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

...

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.

...

Albeit I think that gambling is in fact an expensive form of entertainment, and that is precisely why a person should look into other hobbies that are way cheaper, like board games which only generate a cost when you buy them and then they are free for you to play, you are not taking into account that most slot machines only keep 20% of your money, so if you wagered 60 euros in an hour you are bound to lose only 12 euros, still the most expensive form of entertainment on your list, but the amount spent is way smaller.

[Jating]

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.

I think that is obvious though, that when we involved ourselves into gambling, it's really very expensive and I have hearing this from some of my friends friends, their wives and anyone who doesn't understand gambling and why we spend money into it as form of entertainment. But to get away from that mindset, we have a saying that we should gamble what we can afford to lose so that there will be no regrets and there are no qualms if we lose that money.

But yeah, mileage could be very different and it could depend on several factors like how long have you been gambling and how much money you send and what are to total net positive or negative, in short if you have won or not or willing to continue to play with what your budget can offer.

[Solosanz]

That's why gambling should be played for the rich instead of the poor that looking to make money from gambling and also that's why people nowadays choose to play games since the most cheapest way to escape from the reality.

Let’s say the RTP in slots is 90% (actually more, but let’s take the worst case), this means that in an hour the player will lose only 10% of the bets = 6 dollars. It's cheaper than cinema and almost everything you listed 

I doubt if we can use RTP rate when you only gamble for 600x spins, actually it's small, I guess by average you would lose 50% of your money if you gamble for a hour from the money you spent.

[bitLeap]

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.

Of course this is an effective way for anyone, including me as a small gambler has to adjust a little between the time and the amount invested in gambling. Even betting the smallest amount will take us longer in the casino, but sometimes when the situation is comfortable and you have only started 10 minutes ago you have a big win which ultimately encourages you to increase your bet amount to 2x the minimum amount. This is a common reaction because the balance has increased so it feels safe to increase the bet but there is a risk that the time will be shorter than the target. for example, the $10 I usually spend on small bets can take 2 hours with a stable turnover but when it increases by 2x it can be finished more quickly.

[nara1892]

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.

Of course this is an effective way for anyone, including me as a small gambler has to adjust a little between the time and the amount invested in gambling. Even betting the smallest amount will take us longer in the casino, but sometimes when the situation is comfortable and you have only started 10 minutes ago you have a big win which ultimately encourages you to increase your bet amount to 2x the minimum amount. This is a common reaction because the balance has increased so it feels safe to increase the bet but there is a risk that the time will be shorter than the target. for example, the $10 I usually spend on small bets can take 2 hours with a stable turnover but when it increases by 2x it can be finished more quickly.

This means that even though, for example, from the start a gambler has planned to have any planning to make them last longer in the session, such as only risking the smallest amount as you said, but in the end it doesn't mean it's impossible that the situation can thwart all his plans, as you said. when luck comes, they succeed in getting a big win, which in this situation does not mean it is impossible for a gambler to increase the amount of their bet because they feel that their balance is already large so they feel safe as you have said.

And I think that's true, but on the other hand it also depends quite a lot on how capable a gambler is in terms of maintaining his plan, because if for example they are firm and disciplined with the plans they have made then I think it is unlikely for them to be tempted to increase bet amount when they succeed in getting an increase in balance due to winning.

[Hispo]

...

Whether one is able to recover a good percentage of the money after one is done with the game also mostly depends on the game itself and the console one is talking about, you know. Take Playstation games,  for example; their games decrease in price very quickly after the initial launch of it in their console, a novelty triple A game which costs around 70-80$, you could find it at 30$ in a few months after it released, on the other hand, if you take a look at Nintendo and their lastest console, the Nintendo Switch, there are games like super Mario kart 8 deluxe, which initially costed up to 75-80$ per physical copy and today you can still find it at 50-60$, after several years. 
It is a funny thing, with Nintendo games the oldest the game is, there are more chances for one to recover or even earn more money by reselling it.

[danherbias07]

First of all, guys, stop quoting the whole OP! You're forcing others to scroll a lot. If you have to quote, cut the part of it you want to address!

Yeah, I second that. OP's post is too long and we can just press the reply instead of quoting the whole thing. If he really intends to read every post then I bet he can do that.

So I'm one of those guys who claim that gambling is a form of entertainment. In my case it's much cheaper than your 50 per hour on slots. The way I do it is I bet on sports matches. Let's say I want to watch a match. Adding a bet will increase the thrill, make me enjoy it more. So I bet $10 and watch the whole 90 min with excitement. I have close to 50% win rate, so there will be times when I get entertained and someone pays me for it.

Here's what I do. I bet on a game or a match like UFC or boxing and then I watch them in the live streaming offered by the gambling site. Stake.com may not be offering a live stream, I mean really live but it's 1 or 2 minutes late from the live one so it's still possible to make some good profits if you win your bet and get a freebie in the pay-per-view.
But, you will have to endure the small screen and the low quality of the video because it was not meant to be watched that way. For those who like a good quality then PPV will be their best choice. As for me, the result is only what I need.