Is Gambling a scam

[ethereumhunter]

For me it isn't a scam it is a risk that most of us took in order to gain profit, whenever we gamble we should be aware that we could lose, don't just focus on gains or profit there are two sides of a coin, we could gain some or lose some.

That is why we must understand that playing gambling have its risk so we must considers how much money we can use to playing gambling. We can not risks too much money just to playing gambling because the chance for us losing all of that money will always be there. We must manage our money and know how much we can use so we don't have to thinks that gambling is a scam and the casino trick and take our money.

[fruktik]

Gambling is not a scam. If you gamble irresponsibly, you will become addicted to gambling. I gamble for entertainment. I gamble only for fun in my free time. I never consider this gambling as a means of earning money. So I will never declare gambling as a scam. You know for sure that gambling is a game of luck. If you win in this game of luck, you will get a lot of money back in one go. And if you lose in this game of luck, you will definitely lose money. If you know this promise, you cannot see gambling as a scam. So you should use the amount of money you can afford to lose for gambling.

It is impossible to rule out the fact that a person can run into a fake casino that will not pay the player any money. I have encountered this more than once. And even now they sometimes advertise such nonsense. The most surprising thing is that people fall for the advertising and can say goodbye to their money once and for all. No one is insured against scammers and you can stumble upon them at any time. Nowadays, there are such technologies that it is incredibly difficult to distinguish one from the other.

[nullama]

Hi guys let have your view on this questions because only real gamblers will understand what I mean?
Is Gambling with your hard earned money Worth it because I have come to the conclusion that gambling is a scam

It is usually not a scam, if it is all regulated as a normal casino for example.

Of course there might be cases in which there are shady operators and scammers, but in the whole industry, gambling as per the current law, is not a scam.

You get what you pay for basically.

If you throw a dice you will get a number between 1 and 6. That's it. And if you bet on which number will appear, the casino usually will pay you less than 1/6th of your bet amount, which means that the expected return in gambling is negative.

Of course they make it more complicated than that, but that's the reality.

In the simpler cases people tend to not gamble as much, for example if I told you I will pay you 90 cents per dollar if you guess a coin flip correctly, you would probably not gamble... but in the more complicated cases most people just have no idea of the odds, so they just pay to get the hope to win something, but the math is basically the same.

The house has the advantage.

[noviesol]

Gambling is not a scam.

All casino games are designed to favor the casino due to the house edge. Statistically, a casino will always make money in the long run. For example:
The RTP (Return to Player) on slot machines is known and displayed.
On a roulette wheel, there are 37 numbers, but you only get paid 36 times your bet when you win.
In Baccarat, when you win with Banco 6, you only get paid half.

These are all facts that players are aware of before they start gambling. The rules and odds are transparent, so gambling itself is not a scam. The casino just always win on the long run.

However, there are casinos that do scam players. For example:
Some casinos deliberately refuse to pay out winnings or make the process extremely difficult.
Others offer bonuses with unrealistic terms that are nearly impossible to unlock.
Rigged games or manipulation like fake RNGs that prodcure a unfair outcome.

These are examples of unethical practices that can occur, especially in unregulated or shady casinos.

Always ensure you gamble at trusted, licensed establishments to avoid these scams.

[mammusu]

Gambling is not a scam. If you gamble irresponsibly, you will become addicted to gambling. I gamble for entertainment. I gamble only for fun in my free time. I never consider this gambling as a means of earning money. So I will never declare gambling as a scam. You know for sure that gambling is a game of luck. If you win in this game of luck, you will get a lot of money back in one go. And if you lose in this game of luck, you will definitely lose money. If you know this promise, you cannot see gambling as a scam. So you should use the amount of money you can afford to lose for gambling.

It is impossible to rule out the fact that a person can run into a fake casino that will not pay the player any money. I have encountered this more than once. And even now they sometimes advertise such nonsense. The most surprising thing is that people fall for the advertising and can say goodbye to their money once and for all. No one is insured against scammers and you can stumble upon them at any time. Nowadays, there are such technologies that it is incredibly difficult to distinguish one from the other.

So far, we often hear many members here complaining about fraud, even though they know that the casino they are playing is actually a new casino that does not have a licence at all, just because of the many bonuses offered, but in the end they forget that it will be a serious problem that they get at the time of withdrawal, with today's technological advances, there are many new ways used by fraudsters to make profits including through casinos that offer many bonuses that actually make no sense at all, so we really need precautions such as checking licenses and reading reviews about the casino.

[gunhell16]

For me it isn't a scam it is a risk that most of us took in order to gain profit, whenever we gamble we should be aware that we could lose, don't just focus on gains or profit there are two sides of a coin, we could gain some or lose some.

That is why we must understand that playing gambling have its risk so we must considers how much money we can use to playing gambling. We can not risks too much money just to playing gambling because the chance for us losing all of that money will always be there. We must manage our money and know how much we can use so we don't have to thinks that gambling is a scam and the casino trick and take our money.

That's why those who only gamble are those players who are ready and willing to lose or lose the money they bet at the casino, because they are taking the risk of hitting the jackpot to get a large amount of money.

In addition, do not enter a casino that we know is new to the gambling industry. Especially if we find out that it is not regulated under the government.
It is really up to us whether we take a risk here.

[EarnOnVictor]

Gambling is not a scam. If you gamble irresponsibly, you will become addicted to gambling. I gamble for entertainment. I gamble only for fun in my free time. I never consider this gambling as a means of earning money. So I will never declare gambling as a scam. You know for sure that gambling is a game of luck. If you win in this game of luck, you will get a lot of money back in one go. And if you lose in this game of luck, you will definitely lose money. If you know this promise, you cannot see gambling as a scam. So you should use the amount of money you can afford to lose for gambling.

It is impossible to rule out the fact that a person can run into a fake casino that will not pay the player any money. I have encountered this more than once. And even now they sometimes advertise such nonsense. The most surprising thing is that people fall for the advertising and can say goodbye to their money once and for all. No one is insured against scammers and you can stumble upon them at any time. Nowadays, there are such technologies that it is incredibly difficult to distinguish one from the other.

The scam is everywhere and even legit companies may still scam people, but the difference is that they may scam a tiny percentage of their customers and satisfy the rest. So when one says they are not good, many others would say otherwise. This can only explain many of the complaints some casinos have online, to the point that it's scary for some people to try new casinos. Based on experience, the old and reputable ones are still the best, they are well-liquid with the needed customer base, so the chance of deliberately cheating a customer will be slim because they are already gaining enough from the losing customers.

[Taskford]

So far, we often hear many members here complaining about fraud, even though they know that the casino they are playing is actually a new casino that does not have a licence at all, just because of the many bonuses offered, but in the end they forget that it will be a serious problem that they get at the time of withdrawal, with today's technological advances, there are many new ways used by fraudsters to make profits including through casinos that offer many bonuses that actually make no sense at all, so we really need precautions such as checking licenses and reading reviews about the casino.

People should take good precautions upon dealing on those new casinos since we know that to many questionable matters happened there and they are still building up their reputation that's why we should never try or take a risk to know if they are good or not. Only gamble when they are fully tested so that they would never feel any regrets when they didn't like the result show up to them.

Gamble only on reputable casino so that they can assure that they would never experience those withdrawal issue things or any bad we can imagine to new casinos.

But its unfortunate for other that they want to try new to their eyes and regret comes later when they get scam that's why we should never go that way since its to bad if we will be compromised by a rigged or scam casino.

[junder]

That is why we must understand that playing gambling have its risk so we must considers how much money we can use to playing gambling. We can not risks too much money just to playing gambling because the chance for us losing all of that money will always be there. We must manage our money and know how much we can use so we don't have to thinks that gambling is a scam and the casino trick and take our money.

Gambling is indeed something that cannot be debated anymore with its clear risks, the risks in gambling are actually not a big problem like losing money, that is the risk, but it is the same as other things like watching a movie where we exchange money to get a sensation, so is gambling, but the mistake here is the bad mindset and acceptance that makes them experience problems that are none other than the consequences of their own actions.

When we are going to gamble, it is important to consider everything such as funding where we must pay attention to how much we can afford to bet or are willing to lose, if at the beginning we are not ready to lose, everything will be more complicated.

[JiiBs]

That's why those who only gamble are those players who are ready and willing to lose or lose the money they bet at the casino, because they are taking the risk of hitting the jackpot to get a large amount of money.

In addition, do not enter a casino that we know is new to the gambling industry. Especially if we find out that it is not regulated under the government.
It is really up to us whether we take a risk here.

If it is indeed that, those who gamble are only those who are ready to lose their money, then we wouldn’t have much of the complaints we do find at times of people having to refer to the system as that which is a scam or have had its configuration tampered to never allow wins. These just who’s that, we obviously allow all kinds of people to gamble and that’s something you can’t sensor once they are within the age bracket.

It’s not entirely a bad idea to be skeptical about new casinos that do enter the market but, rather than avoid it, you get to test it with a considered amount and over time, you could increase that. Someone has got to do that don’t you think? Else, we just might not have anything new.

[Rampagoe004]

Gambling is indeed something that cannot be debated anymore with its clear risks, the risks in gambling are actually not a big problem like losing money, that is the risk, but it is the same as other things like watching a movie where we exchange money to get a sensation, so is gambling, but the mistake here is the bad mindset and acceptance that makes them experience problems that are none other than the consequences of their own actions.

When we are going to gamble, it is important to consider everything such as funding where we must pay attention to how much we can afford to bet or are willing to lose, if at the beginning we are not ready to lose, everything will be more complicated.

For gamblers they only have two choices of winning and losing both cannot be avoided, where gamblers want profits when playing. The risk in gambling is losing money if the facts turn out to be not in accordance with the choice.
On the one hand, before gambling, they must know the risks after losing. I'm not a gambler but I understand how people gamble so losing money is normal for them and is no longer a serious problem.

[Odusko]

Every lion in the jungle hunting is out there to get food to eat, and this usually don't matter to the lion what other animal have to loose his or her life, provided the lion gets food to eat and satisfy his or her hunger.

Very true, because lion as the king of the jungle must not die of hunger a d to keep his territory secured and endoring for long he must keep his belly filled with food, so survival becomes a most for the Lion in the jungle, and in this case instance, gambling site/ operators are the lions and the gambler become the prey, and for casinos to keep being in the business, their need to keep generating revenue so in this case the revenue is the casinos food and to keep being live and growing their need to keep generating more and more revenue to keep the business going and that is the reason for the various houses edge in casinos.

Applying this to gambling, gamblers, whether an OG gambler or a newbie, usually don't care who loses for them to profit, and this is true because some time, even the gambler in question have lost a huge amount of money, and whoever made profit from that loss (aside from the casino) the gambler does not know.

Some times I use to think that only the casinos benefits from gambler's loses because since gamblers are not playing against themselves, when they lose their game, the staked amount goes to the casinos hot wallet in the case of a cryptocurrency casinos, I haven't seen where gambler complain about losing to another gambler, although indirectly it's same because when gambler A loses and gambler's B wins, the casinos pays out the winning amount from the hot wallet which is made up of gambler loses, so the loser indirectly pays the winner in a technical arrangement.

So, there is nothing to blame or hold even newbies to, even if they realize that money they intend to make from gambling is another person's loss, it doesn't make any difference or changes anything, for in everything including business and trading, someone somewhere is losing while others are profiting, this is how things were designed to work.

Very correct also my man, this is true in any investment its a chain one person loses for the other to gain, and that is the reason we are always encourage to only use an amount that we can afford to lose and still be comfortable gambling, if you see a gambler who lost huge but keeps playing, you should know that he have also won a good amount in previous games and bets.

[Eternad]

they must know the risks after losing. I'm not a gambler but I understand how people gamble so losing money is normal for them and is no longer a serious problem.

As a gambler, It’s true that we can afford to lose money but that doesn’t mean it’s normal or casual for us to lose money like nothing happened. Simply means we can move on easily but still we feel a little remorse after losing money.

I’m not sure if other gambler can literally lose money without feeling any remorse at all but I think there’s only few of them since most of us need money despite gambling only what we can afford to lose.

Nevertheless we are just talking about here the length of acceptance to the loss.

[irsykes]

In my opinion, the concept of gambling is a business. However, many people see it as a place to make money, one of whom gets carried away by the flow of sweet advertisements and ends up addicted to gambling. Because they have no control, logically a place hopes to win against the gambling business controlled by the bookie. However, many people harm themselves not from gambling sites. because you hope too much, let's hope you win in a row. However, based on calculations of large losses. there is only a temporary win to recover the money lost with a return that does not reach 100%. Most gamblers make their own mistakes, not where they come from

Which is a wrong perspective about gambling. It's not a money-making machine or a cow to milk because if that's the case then it is a charity, not a business. They are to make money, let's always put that in our mind and the way to make that happen is for gamblers to lose most of the time than winning.
A gambler who thinks he can win against the house edge is an unwise one. Yes, you could get lucky and hit the high multiplier in the first 10 days of your gambling sessions but after that, the worst-case scenario will happen. Losing streaks, inability to get free spins in slots, and just simply being prevented from winning even an x2 multiplier. That's how a business will come back to us after a win.

Sorry, my written statement is not clear and does not match what you think. I mean, the casino business is not a place to make a lot of money, but just for entertainment or looking for luck. they created a business turnaround by conceptually managing entertainment. The founder created a gambling concept or website. Most casino businesses have the concept of entertainment with money multiplier advertising, but many people misinterpret it or think too much about it without logic which can lead to fatal addiction.

[eisen33]

That is why we must understand that playing gambling have its risk so we must considers how much money we can use to playing gambling. We can not risks too much money just to playing gambling because the chance for us losing all of that money will always be there. We must manage our money and know how much we can use so we don't have to thinks that gambling is a scam and the casino trick and take our money.

Losing money in gambling cannot be a scam, because every player must understand what he can face in case of loss. Scam in gambling can exist, such as fake sites, if a player mistakenly goes to a phishing site and sends his money to a fraudster, then of course it can be argued that there can be a scam in gambling, but in this way it can be said that you can encounter a scam in any area where you can go to a phishing site.

[ethereumhunter]

That's why those who only gamble are those players who are ready and willing to lose or lose the money they bet at the casino, because they are taking the risk of hitting the jackpot to get a large amount of money.

In addition, do not enter a casino that we know is new to the gambling industry. Especially if we find out that it is not regulated under the government.
It is really up to us whether we take a risk here.

If that is for those people who realize about that, it will be no problem but mostly people who comes to gambling are not realize that gambling can makes them lose all of their money. Most people will thinks that when they lose most of their money, that is because the casino trick and scam them so they lose their money but the reality is not like that. That is because their stupidity use gambling to make money. We must get the lesson from those who lose their money so we don't do the same thing like them.

Gambling is indeed something that cannot be debated anymore with its clear risks, the risks in gambling are actually not a big problem like losing money, that is the risk, but it is the same as other things like watching a movie where we exchange money to get a sensation, so is gambling, but the mistake here is the bad mindset and acceptance that makes them experience problems that are none other than the consequences of their own actions.

When we are going to gamble, it is important to consider everything such as funding where we must pay attention to how much we can afford to bet or are willing to lose, if at the beginning we are not ready to lose, everything will be more complicated.

Most people don't realize about the risk in gambling so when they lose their money, they will say that gambling is just a scam. They don't realize that is their mistake and judge that gambling makes their money is gone. If they can think that using the money for gambling is the same as when they use for other things. They will complain when they lose their money and say many things bad about gambling without introspect if that is because they can not control themselves in gambling.

If you playing gambling, you must understand that gambling can makes you lose your money so you have to limit the money you will use. You can gamble with some enough money so your lose will not bigger and you can enjoy gambling as an entertainment.

Losing money in gambling cannot be a scam, because every player must understand what he can face in case of loss. Scam in gambling can exist, such as fake sites, if a player mistakenly goes to a phishing site and sends his money to a fraudster, then of course it can be argued that there can be a scam in gambling, but in this way it can be said that you can encounter a scam in any area where you can go to a phishing site.

Losing money in gambling will be our mistake why we spends much money to gamble. If we realize that playing gambling is just like other activities and should not be used much money, we will avoids that and will just use limit money. Someone who gets a scam is because they are playing gambling in a wrong place which is known as a scam casino. That will not takes too long for him to lose his money without he can get it back and besides that, gambling will not let you recover your money or win the money. You should realize that gambling is not a scam but gambling is just part of the entertainment which we don't have to use it too often.

[Pandorak]

Hi guys let have your view on this questions because only real gamblers will understand what I mean?
Is Gambling with your hard earned money Worth it because I have come to the conclusion that gambling is a scam

Don't be too quick to jump to conclusions, Fraud is when someone commits a dishonest act to mislead others, whereas when you gamble, you do it with full awareness without any coercion from anyone. when you win you will say that this is luck and you smile happily throughout the victory you get, but when you lose you say this is fraud, how is that possible? this sounds unfair.

[Nrcewker]

For me it isn't a scam it is a risk that most of us took in order to gain profit, whenever we gamble we should be aware that we could lose, don't just focus on gains or profit there are two sides of a coin, we could gain some or lose some.

If you aren’t aware that there is a possibility to lose the money, then definitely for you it will be a scam. Gambling means trying your own luck or fortune. Now we know that in life we aren’t extremely lucky. So the chances of winning are very low compared to the chances of losing. Hence, it can be claimed as a type of scam that you do with yourself. Instead of relying on luck, use the money, which will help you to enhance your skills and make your skills to make money.

[junder]

For gamblers they only have two choices of winning and losing both cannot be avoided, where gamblers want profits when playing. The risk in gambling is losing money if the facts turn out to be not in accordance with the choice.
On the one hand, before gambling, they must know the risks after losing. I'm not a gambler but I understand how people gamble so losing money is normal for them and is no longer a serious problem.

Of course everyone must want to be able to get profit from the gambling they do, including those who gamble for entertainment purposes, of course in their hearts there is a desire to get victory, especially for those whose purpose of gambling is to seek profit, of course victory is the most awaited thing, it is not strange that many force themselves to pursue victory which is actually not recommended.

Now the thing to note is that when we are going to gamble we should be ready to lose, accepting the defeat that is set will make us in a safe state, and vice versa when we cannot accept the defeat that occurs then the possibility is the pursuit of victory.

[Jaycoinz]

For me it isn't a scam it is a risk that most of us took in order to gain profit, whenever we gamble we should be aware that we could lose, don't just focus on gains or profit there are two sides of a coin, we could gain some or lose some.

If you aren’t aware that there is a possibility to lose the money, then definitely for you it will be a scam. Gambling means trying your own luck or fortune. Now we know that in life we aren’t extremely lucky. So the chances of winning are very low compared to the chances of losing. Hence, it can be claimed as a type of scam that you do with yourself. Instead of relying on luck, use the money, which will help you to enhance your skills and make your skills to make money.

Some people are just fixated on trying to get money from gambling as they feel its easier than them working which to a very big extent is just all a big mirage because gambling is never easy instead it's the other way around for me it's even a way to mess with your mental health because any time you aren't to make that win your mind would be telling you to keep trying and if you aren't lucky you will just end up losing your entire focus and keep playing or relying on hope which for me it's definitely a scam type of thought.