TheUltraElite
Legendary
Offline
Activity: 2996
Merit: 1312
So anyway, I applied as a merit source :)
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July 29, 2024, 02:51:56 PM |
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Gambling is just same with delegating money in a normal enterprenural context, Mate, I have to disagree with you here. Gambling in all its context, is not a investment. Unless you talk about bankroll investment, which is not gambling per se. If you are gambling you are playing your luck and you have literally no logic behind how you are investing and on what basis you are expecting a profit. It is pure luck and losing money there versus losing money on the stock market is much different. There are similarities too but gambling is never like a startup or entrepreneurship.
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topbitcoin
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July 29, 2024, 02:53:11 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.
This kind of thinking is always a problem if it is money-oriented in gambling, such thinking will not be effective in gambling because gambling is not for making money, especially if you play in games that are based on higher luck, I think you will get a bad disaster if you think about gambling can give you money. Think of gambling as a place where you have fun, where you will get entertainment by spending money there, then if you get lucky and you get a lot of money, it's just a bonus because you've played such thinking will make you wiser in spending money on gambling, which in fact luck is a thing that is the basis for you to get a win at gambling.
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retreat
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July 29, 2024, 03:13:51 PM |
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You need to differentiate between investment/business and gambling. People may be more comfortable delegating their money to investments/businesses, because they see the potential there, they see how they can make a profit when they run the business, and they have various strategies that they can use to make the investment/business can succeed. Meanwhile, in gambling, when you put your money on the gambling table, no one can guarantee that you will win the gambling, even if you have a strategy but it may not work since the house has a bigger chance. So don't equate the situation when you put your money in gambling or in investment/business, because even though both have risks, gambling has higher risks and we can't compare it with "gambling" on investment/business.
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stomachgrowls
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July 29, 2024, 03:26:10 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.
When it comes to life then everything would really be needing up that certain risks on which it would really be that understandable that you wont really be able to obtain or reach something if you wont really be trying out to put up some risks on which of course not all would really be having such consideration. Speaking about business/investment into gambling or simply making up such comparison, then it would really be that understandable that gambling is really that for leisure and its not something that would really be worth for you to consider out on taking up some focus on spending up money just because you are minding about taking risks. If we do tend to compare into investment or making up some business then it would really be that much more worth to try rather than on focusing on gambling. There's a huge difference among the two if you do really make out some indepth understanding on how things works and on what are the advantages and disadvantages of it. Even thinking up only into its real usage or purpose then you could be able to point out on which one is better with just that making use of your own common sense. This is why if you do really meant out on trying out to make your life way more better then it would be wise on focusing on business or investment if you would be taking up some risks. Gambling is really just that indeed for leisure nothingless.
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Sandra_hakeem
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July 29, 2024, 03:39:00 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.
To start with, gambling isn't an investment.. you don't have to make such comparisons ...why? That's exactly how you come up with baseless fact like this one... Running a business ensure a certain level of certainty,..one of which cannot be gotten from gambling. Take note! 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[...]
okay... I think I'm done reading a wall of crap post like this one. I'm wondering if you came back afterwards to read this? Gambling is not, and can never be the same as entrepreneurship... I'd advise that you look up for the meaning of the word GAMBLING, then I'll get back to this post .
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Slow death
Legendary
Offline
Activity: 3136
Merit: 1121
Leading Crypto Sports Betting & Casino Platform
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July 29, 2024, 03:39:37 PM |
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You want to remain stagnant? Become scared of putting your money to work for you, the reverse is literally gambling. When we are afraid of something, it means that we will be more careful and this is a good thing, because there are things that we need to think about many times before we do them. In the case of gambling, we have to be aware that we are going to play with money that we can afford to lose and that we are playing for fun and not because we intend to make a profit. Let's say someone has $1000 in the bank, this person doesn't know what to do with the money, so he researches ways to increase that money and finds investments in stocks, bonds and sees a website talking about gambling and also in the real world people advise him to do some business In this case this person should first listen to people in the real world, he should research the real world business, then he can research investments in stocks and bonds. But he should ignore the website that talks about putting money into gambling to make a profit. When this person wants to get involved in gambling, it should be to have fun, just like when people are working hard and have vacations or free time and go to the beach or a club to consume alcohol or watch a football game, they are paying to have fun, and that is what they should do when they play.
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aioc
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July 29, 2024, 03:43:54 PM |
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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.
This is a wrong thinking people might think that you really can make money from gambling, you never connect, or making it appear that gambling is investment , it never was and never will be, even those who are good in gambling will not make a statement that gambling is also a form of investment. You should read the terms of casinos, they will tell you that should not expect to make money from their platforms and you should be comfortable with your losses, you better change your mindset because it could lead to big losses in the future.
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Blitzboy
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July 29, 2024, 03:47:34 PM |
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You want to remain stagnant? Become scared of putting your money to work for you, the reverse is literally gambling. When we are afraid of something, it means that we will be more careful and this is a good thing, because there are things that we need to think about many times before we do them. In the case of gambling, we have to be aware that we are going to play with money that we can afford to lose and that we are playing for fun and not because we intend to make a profit. Let's say someone has $1000 in the bank, this person doesn't know what to do with the money, so he researches ways to increase that money and finds investments in stocks, bonds and sees a website talking about gambling and also in the real world people advise him to do some business In this case this person should first listen to people in the real world, he should research the real world business, then he can research investments in stocks and bonds. But he should ignore the website that talks about putting money into gambling to make a profit. When this person wants to get involved in gambling, it should be to have fun, just like when people are working hard and have vacations or free time and go to the beach or a club to consume alcohol or watch a football game, they are paying to have fun, and that is what they should do when they play. Not all fear is terrible. You should be clever with your money, according to your gut. Gambling isnt about getting rich. Fun is the goal. Like a show, you pay for the excitement and pleasure. Knowing your limit is huge. Respect yourself and your family. Gambling shouldnt be hard. The choosing should be entertaining and not affect your finances. That $1,000? Consider it your amusement budget. Perhaps you gamble, visit a performance, or take a lovely trip. Happiness, enjoying life, and not worrying about money are key. You rule. You choose how to spend money and time. Make it count.
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Cookdata
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July 29, 2024, 04:03:23 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.
If people are afraid of something, I don't force them to do it especially when they think it will make them lose money and I don't make them think they don't understand how it works. Gambling you are seeing, it requires more than just money and if you don't have it, you will only lose morr money and it's very wrong to compare business and gambling together, they both are not the same because the risk involved is not the same thing. In business, you can run short of your money depending on the business, you can make small profit or small loss depending on the risk but in gambling, the moment you delegate that money, don't ever expect anything from it because the risk involves will see it as if is forgone, you only see the money when your prediction matches what you had in mind but in any business you invest into, your mind will always be there unless is a scam businesses. If people are afraid of gambling, it's because they are afraid it will take their money from them.
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Adbitco
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July 29, 2024, 04:19:39 PM |
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How professional are you in gambling to make profit with all your bets because most people who Gamble does not win and at this point how sure are you that the money you save in your bank or anywhere else would make profit for you if you keep losing them and gambling. Alternatively gambling is not the only source to make money but it is also the fastest way to lose one resources therefore, you shouldn't think that gambling is the easiest way to make money why because many people are scared of going into gambling because they all have this mentality that gambling create a way for losing money even though they are earning from it but not as the losing whereby someone can lose heavily without even gaining them within a week or one month interval.
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Casdinyard
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July 29, 2024, 04:31:36 PM |
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Implying that you make money when you gamble lol.
Regardless of if you win or not, eventually the money you're gambling with is gonna dry up, whether you accept that fact or not. It's what you do with the money that really matters most. If you're going to call me coward for cashing it out early, or playing my cards right and only gambling below my means, then so be it, at the end of the day it's not gonna be me who's going to make posts in this board talking about how they experienced revenge gambling for the first time or on set of gambling addictions or whatever you delude yourself towards nowadays.
Don't be too sold into this "scared money don't make money bs" when you're gambling cause this only works on investing and setting up businesses, ventures that you take with the primary prospect of expanding and increasing your wealth. Gambling doesn't apply to this cause only idiots assume they can make money out of gambling. I'm gonna be real with you guys.
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alani123
Legendary
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Activity: 2506
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July 29, 2024, 04:36:10 PM |
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I would say also the opposite applies, let's keep things balanced. You may call it fate or karma if you are believing in the supernatural, luck, superstition etc. but really it's also mostly chance if anything. People who take excessive risks and are careless are just more likely to lose everything and reach ruin. Simple laws of probability state this and there's nothing defying provability. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Wexnident
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July 29, 2024, 04:37:17 PM |
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And that's why you start playing with money you CAN lose. I wouldn't honestly compare it with something related to entrepreneurship though. No matter what, your chances are always the same regardless of how you feel with your money or not. It's nothing lost nor is there anything actually gained with you buckling up and deciding "All right, let me spend my entire salary to gambling instead of investing" lol. Gambling isn't anything negative yes, but the way you handle and think about money can be.
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nimogsm
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July 29, 2024, 07:10:10 PM |
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That's why gambling is gambling because there is a risk of losing money, and the future player has a fear of something new and this is absolutely normal. It is worth remembering that the level of income is completely different for everyone and even a $10 bet can be significant money for someone This is where the fear of losing comes from. This is the norm.
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Mahanton
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July 29, 2024, 07:21:41 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.
If people are afraid of something, I don't force them to do it especially when they think it will make them lose money and I don't make them think they don't understand how it works. Gambling you are seeing, it requires more than just money and if you don't have it, you will only lose morr money and it's very wrong to compare business and gambling together, they both are not the same because the risk involved is not the same thing. In business, you can run short of your money depending on the business, you can make small profit or small loss depending on the risk but in gambling, the moment you delegate that money, don't ever expect anything from it because the risk involves will see it as if is forgone, you only see the money when your prediction matches what you had in mind but in any business you invest into, your mind will always be there unless is a scam businesses. If people are afraid of gambling, it's because they are afraid it will take their money from them. Yes, we do have different perceptions of things on which there would really be those people who would really be that afraid or scared on dealing up something on which it could potentially make them lose money instead of earning. So just let them be, because we do know that there are ones who do really want to play safe and never tend to take up the risks even if it means that they would really be that holding their money . Just like on what others been telling earlier that gambling shouldnt really be that getting that being compared to those usual investment or business approach on which we know that risks taking up on a certain individual into this kind of space is something worth when it comes to the risks that putting up into, in compared when you are really that trying to deal up with gambling then it would really be that a different risks selection. If you have decided to be that idle or just sitting up without doing something because you dont like to risks then its your choice but if you are really that wanting to have a life on which it would really be something progressive.Then it would really be just that right that you should really know on whats the risks involved with these things before you do make out such engagement so that you wont really be ending up on being that highly reacting on the moment that you been able to experience something.
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Antotena
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July 29, 2024, 07:42:35 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.
Literally, everyone is afraid of losing money. Even the people that you see gamble everyday are afraid of losing money but there is no alternative to it than staking the money. You have to give it to be able to make it in gambling and because the risk is very high that you can keep losing consistently if you are not skill and when luck is not by your side. This is why alot of people don't want to have anything to do with gambling but I'm not sure if that's the same excuse for business, the concept of business is different from that of gambling. 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.
You are funny, you can't force people to gamble if they don't want to, it's what they want. If they are afraid, then so be it and if they want to play, it's their choice. It's not like you will give them money to wager or make give them winning strategy. Some people see gambling as even stress and no matter how you sugar coat it, you wouldn't be able to convince them to try it out.
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darkangel11
Legendary
Offline
Activity: 2464
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Don't let others control your BTC -> self custody
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July 29, 2024, 07:50:08 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,
No, I cannot agree with you. It's true that both gambling and other activities like investing or starting a company carry a degree of risk, but these are not similar. Saying that they are is like telling someone that starting a fire to grill some sausages is the same as burning a house, just because both instances produce heat and both will allow you to grill some sausages in the fire. Gambling is far more riskier than investing or running a company, just like driving a sports car on a track is riskier than driving a semi to the nearest store.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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tread93
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July 29, 2024, 08:11:11 PM |
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You have created a topic where 95% of members here will surely disagree with you, one of them is me. So be ready to convince us the opposite or explain better your point of view. You want to remain stagnant? Become scared of putting your money to work for you, the reverse is literally gambling.
Gambling is not a project to start or an investment for long term, gambling is all about algorithms that been created by the casino developers and owners, it is meant to make profits for the casino itself, if players are able to generate money and withdraw it, it means the casino will go bankrupt shortly. It is way different than a money generator, even when you keep betting with odds lower than 2.00, you are not luckily to get profits in long term. When it comes to other games, the house edge will always make you lose if you keep playing. You should be ready to lose your money once you start playing, compared to a good investment where in worse cases you are able to sell the project or the tools and get back your money or at least a higher portion of it. Gambling is only a matter of time before you lose everything to an algorithm that nobody can beat. Sorry OP but this man is right. The saying that goes “ The House Always Wins” well it’s right! You can’t expect to turn chance into investment, that’s just a pipe dream. Same with the term professional gambler! I mean unless you’re playing like legitimate poker or black Jack it’s no real profession. I think even for those guys it’s just a hobby anyways
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Distinctin
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July 29, 2024, 08:31:10 PM |
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Sorry OP but this man is right. The saying that goes “ The House Always Wins” well it’s right! You can’t expect to turn chance into investment, that’s just a pipe dream. Same with the term professional gambler! I mean unless you’re playing like legitimate poker or black Jack it’s no real profession. I think even for those guys it’s just a hobby anyways
You can add sports betting as well, as I believe this belongs to the skill-based type of game. Therefore, you can consider it a profession, as in the long run, you'll be able to master it. Actually, what makes us lose in the long run, or they say that the house always wins, is because of the house edge. But if we could eliminate that house edge in sports betting, I think we could achieve profitability, as we are already in a game with a 50-50 chance. This might be tough for some, especially those who are betting on low odds, but for those who bet on underdogs or slight underdogs and see the real value of the odds, they'll surely be profitable. Lastly, we have to remember that quality bets are more important than quantity.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Westinhome
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July 29, 2024, 08:43:38 PM |
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You need to differentiate between investment/business and gambling. People may be more comfortable delegating their money to investments/businesses, because they see the potential there, they see how they can make a profit when they run the business, and they have various strategies that they can use to make the investment/business can succeed. Meanwhile, in gambling, when you put your money on the gambling table, no one can guarantee that you will win the gambling, even if you have a strategy but it may not work since the house has a bigger chance. So don't equate the situation when you put your money in gambling or in investment/business, because even though both have risks, gambling has higher risks and we can't compare it with "gambling" on investment/business.
The fact is the investment is not the money used in the gambling,the investment is the money used to buy the asset.Like the money used for the trading of the cryptocurrency,sometimes the investment on the stock is also the investment.But some of the gambling people consider the money used in the gambling also the investment.It should be avoided to consider the gambling using as the investment,the gamblers should ready to take the profits or loss of money used in the gambling site.The money used in trading will reduced to the small percentage,but the capital investment to the trading is rarely loss.So it was better to use the money in the investment compared to the gambling which had some risk of losing the full capital money.
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