Jating
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July 29, 2024, 09:25:34 PM |
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Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.
Those who are scared of losing their money in gambling is not gambler. Gambling is just same with delegating money in a normal enterprenural context, you keep your money idle and don't put it into something and it forever remains that way and might even suffer the effect of inflation, take a portion from it and invest it into something or place a bet with, you might lose it in a worse case scenario but the chances of winning is way much higher.
No it's not the same, it's not like investment or entrepreneur i context, although in life there are thing that is similar to gambling in terms of risk and the unknown. They are totally different because in gambling, you should treat your money as if you already lose it, hence "gamble the money that you can afford to lose". Let's not always look at gambling from a negative point of view, for me, gambling is just like I'm delegating a portion of my money into something that could yield greater returns for me and since I can do my analysis on games and it works well for me, gambling is another way of making money with money.
And how much you spin gambling, it has some bad and negative points from religion, to society. I think we gamblers knows this and we have accept it. But still we gamble so that we can have some fun and then win some money. And if we are lucky, maybe we can become millionaires if we hit like a lottery.
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DaNNy001
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July 30, 2024, 07:03:43 AM |
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Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.
Gambling is just same with delegating money in a normal enterprenural context, you keep your money idle and don't put it into something and it forever remains that way and might even suffer the effect of inflation, take a portion from it and invest it into something or place a bet with, you might lose it in a worse case scenario but the chances of winning is way much higher.
Let's not always look at gambling from a negative point of view, for me, gambling is just like I'm delegating a portion of my money into something that could yield greater returns for me and since I can do my analysis on games and it works well for me, gambling is another way of making money with money.
You want to remain stagnant? Become scared of putting your money to work for you, the reverse is literally gambling.
I disagree with the idea of delegating your money with the context of gambling, we all know that life is all about taking risks to grow, but they have to be responsible risks, like starting up a business or something lucrative, but gambling doesn't guarantee multiplication, I had a terrible experience when I was in my third year in college, I was scrolling through Twitter and I saw people flipping their money on gambling and making a lot of money, all I had was 100k which was for my fees, I had to multiply it because it was the only thing I had in my account, I finally decided to place a bet with it , to cut the long story short I lost the bet, so much for taking risks.. I don't see gambling as a means of investment although People benefit from it
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justdimin
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July 30, 2024, 09:48:22 AM |
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Is gambling an investment? No Is gambling a reliable means of making profit? No I don't know where you are getting this idea from though but I'll assume you might have been lucky to make some good cash from gambling that why you are trying to make it look as easy as you said. Gambling is not an investment. If you want something good and reliable that can yield you profits in a long term then find a business. Gambling is something we do to play the odds and try our lucks. You cannot compare it to a business where you know that your money will return to you either ways with or without profit. So long you make sales and have potential customers you will make profits. But in gambling, profits isn't guaranteed. You can make alot from it today and it will take lot more from you tomorrow. Don't mix up the two things and get it complicated mate.
That is true and you should not be considering gambling as a way to make money, unfortunately too many people do that and it is going to just end up being a terrible situation for a lot of people. I think the best way to go forward with this would be just focusing on how to make it work, there isn't really any other way to keep it going, we need to just make sure that we are going to end up with a good return in the end, we could make that work somehow but it is not going to be that easy. What we need to do in fact is to make sure that we are dealing with something that is going to take some time, and because of that I think it is going to be causing a lot of trouble for people. If you keep on being degenerate with your money then you are going to end up losing way too much money with what you have, and that is going to cause you to lose plenty of headaches as well. This is why it's much better to focus on how you could do fine and find some job to make money. Any job would do, because believe me, if you have a job, and income, then rest will come easier after that, plenty of people don't have a job, so when you got one, you are ahead of a ton of people, then all you need is growing from there.
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michellee
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July 30, 2024, 11:39:20 AM |
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It is funny if people afraid to use their money to gambling but suddenly they decides to gambling because of a curiosity. Their fears will be gone because of their curiosity about gambling. That can makes their curiosity bigger than before and that makes them gets addicted.
That is normal if you look gambling as a negative point of view because they see that happens to other people. They afraid to lose money in gambling so it is better they don't try to playing gambling. That will makes them sad and can't accept their lose.
It is better to use that money to other things such as investment. But before they do that, they must research so they know what they do and not make a mistake. If you really want to playing gambling, you must use the money you can afford to lose so you will not becomes too sad when you lose in gambling.
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o48o
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July 30, 2024, 11:57:46 AM |
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Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.
Gambling is just same with delegating money in a normal enterprenural context, you keep your money idle and don't put it into something and it forever remains that way and might even suffer the effect of inflation, take a portion from it and invest it into something or place a bet with, you might lose it in a worse case scenario but the chances of winning is way much higher.
Let's not always look at gambling from a negative point of view, for me, gambling is just like I'm delegating a portion of my money into something that could yield greater returns for me and since I can do my analysis on games and it works well for me, gambling is another way of making money with money.
You want to remain stagnant? Become scared of putting your money to work for you, the reverse is literally gambling.
By your definition, gamblers don't have that problem of being scared, because otherwise they wouldn't be gambling. But gambling has really nothing to do with investing, because there's no house edge in investing and you can base your investment decision on several different things which don't include winning. It CAN be because you see growth potential and want profits, or votes and dividends of the company (if we are talking about stocks), or you want to support the project that's doing something you believe in ideologically and want to own a part of it (again with stocks, not crypto). Gambling has more similarities with speculative fast-paced trading (especially with futures / leverage) and crypto, where there's a change for losing your budget fast or making huge gains. And if you want huge gains, you need to take huge risks, or with small risk, but you need to be extraordinary lucky that way.
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Julien_Olynpic
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July 30, 2024, 11:58:54 AM |
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In the opening post, the author of the topic compares gambling and business. This is a very interesting comparison, but how legitimate and fair is it? I would say this: these are very different things that have little in common. What unites business and gambling? Of course, it is the presence of risk. But the risk in business and gambling is different. First of all, it is worth noting that in gambling there is such a thing as a bet - you bet some money on the outcome of some event and if the outcome of this event is unfavorable for you, then you lose money. In business, this is not always the case. For example, you can sell your services. Let's say you are a hairdresser. There are no bets in your business, you just cut people's hair for money. The only thing you risk is your time. You may not have clients and then you will not have a salary. But you will not lose anything except time.
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nara1892
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July 30, 2024, 12:07:53 PM |
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It is funny if people afraid to use their money to gambling but suddenly they decides to gambling because of a curiosity. Their fears will be gone because of their curiosity about gambling. That can makes their curiosity bigger than before and that makes them gets addicted.
That is normal if you look gambling as a negative point of view because they see that happens to other people. They afraid to lose money in gambling so it is better they don't try to playing gambling. That will makes them sad and can't accept their lose.
It is better to use that money to other things such as investment. But before they do that, they must research so they know what they do and not make a mistake. If you really want to playing gambling, you must use the money you can afford to lose so you will not becomes too sad when you lose in gambling.
it is something that seems to be familiar. indeed, everyone does not like it when the money they have is lost, but when they hear that there is a multiplier that they can get and the big win makes the fear in their minds disappear immediately and as a result they gamble because they are curious, for one gambling maybe it doesn't matter if you really want to satisfy your curiosity, but what must be avoided is when you have lost and are still curious, of course when there is an incident it is no longer to satisfy your curiosity. what you said is right, if you really want to gamble, you should use money that is not used for anything else. such as pocket money that is free to be used for anything. it is not recommended to use savings and there is no logical reason to gamble desperately. besides, if the purpose of gambling is to make money, maybe it will only disappoint them because losing money is something that is certain to happen, most likely.
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stomachgrowls
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July 30, 2024, 01:09:47 PM |
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It is funny if people afraid to use their money to gambling but suddenly they decides to gambling because of a curiosity. Their fears will be gone because of their curiosity about gambling. That can makes their curiosity bigger than before and that makes them gets addicted.
That is normal if you look gambling as a negative point of view because they see that happens to other people. They afraid to lose money in gambling so it is better they don't try to playing gambling. That will makes them sad and can't accept their lose.
It is better to use that money to other things such as investment. But before they do that, they must research so they know what they do and not make a mistake. If you really want to playing gambling, you must use the money you can afford to lose so you will not becomes too sad when you lose in gambling.
it is something that seems to be familiar. indeed, everyone does not like it when the money they have is lost, but when they hear that there is a multiplier that they can get and the big win makes the fear in their minds disappear immediately and as a result they gamble because they are curious, for one gambling maybe it doesn't matter if you really want to satisfy your curiosity, but what must be avoided is when you have lost and are still curious, of course when there is an incident it is no longer to satisfy your curiosity. what you said is right, if you really want to gamble, you should use money that is not used for anything else. such as pocket money that is free to be used for anything. it is not recommended to use savings and there is no logical reason to gamble desperately. besides, if the purpose of gambling is to make money, maybe it will only disappoint them because losing money is something that is certain to happen, most likely. No one likes on losing money and this is something which really makes someone do really become that impulsive or really that getting stressed just because they hadnt been able to anticipate those loses. It would be just that normal to take up some risks because every decisions that you do made in life would really be having that corresponding level of risks on which we know that not all would really be risks takers. On the moment that you do deal up with gambling then never ever make yourself that having those thoughts that you should really be that making it as a source of income or making money. Putting up your money or risksing it on business or investment is really that a whole lot different if we do speak about it in compared when you do deal up with gambling.It wont really be needing up yourself on thinking up too much in comparing both things.Gambling is indeed for entertainment as a we do all know but there are really people who do make themselves delusional on the time or moment that they do find out that they arent meeting up their expectations.
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Webetcoins
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July 30, 2024, 01:48:22 PM |
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Gambling and businesses or investments aren't comparable things, you can't compare gambling with investments or businesses that people can start with their money. Gambling is all about luck and nothing else. You may get some success and earn some money if you are into sports betting and have a lot of knowledge about the sport you are betting on, but that still can't be compared with a business that you set up because once a business starts running successfully, you don't need to rely on luck to earn money from it.
A business requires hard work from a person, and the person needs to understand everything about the industry before they get into it to run the business efficiently without facing any problems. You don't need to do anything of that sort when you are into gambling, all you need is luck and that's it.
So, I don't agree with whatever you said about gambling being just like a business or a startup because these are two different things altogether.
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Rockstarguy
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July 30, 2024, 03:02:24 PM |
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Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.
Gambling is just same with delegating money in a normal enterprenural context, you keep your money idle and don't put it into something and it forever remains that way and might even suffer the effect of inflation, take a portion from it and invest it into something or place a bet with, you might lose it in a worse case scenario but the chances of winning is way much higher.
One thing you need to understand that it is not everybody that must gamble and if people are scared of going into gambling because of the fear of losing money it is better to go into gambling playing in a manner which you won't be able to control yourself. With what you are saying it sounds as if everyone must be a gambler, even in businesses it doesn't work that way that everybody must be a gambler. Gambling is a game people must accept with free will and not to go into it because other people are playing it. Their must be a good planing and understanding before going into gambling because it is a game that can't be predicted. The reason why some people do have some Challenges with gambling is because not having a better understanding of it.
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Hispo
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July 30, 2024, 04:40:11 PM |
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I agree with you partially. Though, I would like to point out there is a very big difference in investing ones money from actually going out ones way to gamble with it. It is true with both gambling and investing there are chances to get a good profitability, but it is more the percentage of yield and the percentage of risk to expect from the investment or gambling. With gambling, there are changes of very huge multipliers (and profits) but those changes are very thin and unlikely to come into fruition. With traditional investments one can get moderate profits and the percentages of completely losing the capital are lower. There is a reason why business people are seen in a different light than those who actively wager on casinos, there are different kinds of activities if you watch closely.
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Samlucky O
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July 30, 2024, 06:43:37 PM |
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Some people are scared of Gambling because they are afraid to loose money.
Anyone who is not ready and willing to take risk Is liable not to grow in life. Because life is all about Risk, the moment we try to understand that without risk we can not explore or know new things. I believe that risk taken is one the thing that build up a person. The amount of failure is the out of build up that makes us y be who we are today, so we should not afraid about risk of lost, because not guts no glory. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.
Like I said earlier, there is no point of being afraid to take risk. It's good to explore into something than becoming an enbordenmen to yourself by not making a move or taken a bold step. What causes this kind of thing is wrong speculation and listening to advice from people who don't have the type of zeal you have.
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South Park
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July 30, 2024, 08:10:36 PM |
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Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.
Gambling is just same with delegating money in a normal enterprenural context, you keep your money idle and don't put it into something and it forever remains that way and might even suffer the effect of inflation, take a portion from it and invest it into something or place a bet with, you might lose it in a worse case scenario but the chances of winning is way much higher.
Let's not always look at gambling from a negative point of view, for me, gambling is just like I'm delegating a portion of my money into something that could yield greater returns for me and since I can do my analysis on games and it works well for me, gambling is another way of making money with money.
You want to remain stagnant? Become scared of putting your money to work for you, the reverse is literally gambling.
I will have to disagree with you on your statement, gambling may seem similar to building a business or investing, but it is different, and this is because when you invest or you create a business there is not a house edge against you which is holding you down, so the chances of succeeding as long as you prepare yourself can be quite high, while when it comes to many gambling games your preparation does not matter, since there is not really any way for you to to profit form those games regardless of what you do.
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Onyeeze
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July 30, 2024, 08:16:52 PM |
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Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.
participating in gambling is all about courage and I know quite well that if you don't have a mind you can't participate in gambling that is why it is stated categorically that people who is supposed to involve themselves in gambling is people who is a pensionable persons or workers so that whenever they lose in gambling they will not be depressed or take it to heart so probably someone who is upcoming and is not ready to risk in order to get more it's not supposed to involve itself in gambling because gambling is all about risk and most of time the risk that is involved is higher than they advantages of benefit you get from gambling so someone who have a phobia is not supposed to participate in gambling not knowing fully but it might lose what it stakes
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michellee
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July 31, 2024, 01:08:02 AM |
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it is something that seems to be familiar. indeed, everyone does not like it when the money they have is lost, but when they hear that there is a multiplier that they can get and the big win makes the fear in their minds disappear immediately and as a result they gamble because they are curious, for one gambling maybe it doesn't matter if you really want to satisfy your curiosity, but what must be avoided is when you have lost and are still curious, of course when there is an incident it is no longer to satisfy your curiosity.
what you said is right, if you really want to gamble, you should use money that is not used for anything else. such as pocket money that is free to be used for anything. it is not recommended to use savings and there is no logical reason to gamble desperately. besides, if the purpose of gambling is to make money, maybe it will only disappoint them because losing money is something that is certain to happen, most likely.
If people don't like losing their money, they should be able to take care of their money properly. But that is gambling which can seduce all people who playing gambling and spends all of their money without fear. And because of their curiosity, they finally use their money to gambling but lose that money. Losing their money are not make them realizes that gambling is too risks to them. They will wants to revenge their lose in other days using more money because they thinks that can helps them to recover their lose this day. Their curiosity makes them lose a lot of money but they still don't realizes for sure. Gambling can gives you a chance to make money but you should not force yourself to win. Winning in gambling is not easy and you must not risks too much money to gambling. You must use the money you can afford to lose and that is the key to enjoy the gambling games.
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CryptoHeadlineNews
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August 01, 2024, 06:47:19 PM |
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Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure. Judging from the standard point of view, I must say that there is a big difference between gambling and doing business, because when it comes to gambling, you are at risk of either losing your entire money or double it depending on the odds, unlike when it comes to business or investments whereby you are at risk of losing just only a few percentage of your capital. Fear is necessary in life, as it is that which makes a man make drastic and calculative steps, so for that fact that a man is scared of gambling, doesn't mean you can't be good business men. Gambling is just same with delegating money in a normal enterprenural context, No, it's not the same, and can never be the same, because just as entrepreneurship is the act or process whereby an individual is able to identify a business, venture into it with willingly, readily and with the necessary knowledge to bear the risk by itself, unlike "Gambling" whereby an individual just only need luck to succeed in it.
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