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Author Topic: What do you think is the disadvantages of gambling  (Read 2331 times)
TheUltraElite
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April 21, 2025, 04:25:58 PM
 #181

The entire thought process of gambling to make money is harmful. I dont know if you can classify this as "disadvantage" in terms of a method to make money or just a con in a pros and cons list.

For me, this is how the casino math works, you are not supposed to make money there even if it seems to easy to make it there.

Gambling is defenitely not a method to make money for the player just because of this.

 
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April 21, 2025, 04:40:45 PM
 #182

The entire thought process of gambling to make money is harmful. I dont know if you can classify this as "disadvantage" in terms of a method to make money or just a con in a pros and cons list.

For me, this is how the casino math works, you are not supposed to make money there even if it seems to easy to make it there.

Gambling is defenitely not a method to make money for the player just because of this.
Those who think like this about gambling, and see gambling as an easy way to make money, they will never be able to keep themselves away from disaster. Disaster is certain for them, once if a gambler become deeply addicted to gambling, then he cannot easily get rid of this temptation, they will continue to gamble continuously to get rich and just increase their losses. Most gamblers who have gambled with this kind of thinking, they all have never achieved success, rather they have suffered a lot of financial losses. I have never seen a gambler who has improved his life by gambling, so instead of thinking of gambling as a way to make money and getting out of this wrong confusion, try to understand the right thing and gamble only for entertainment in a limited scope, this is the right way.

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April 21, 2025, 04:52:03 PM
 #183

At first the only way one who's jobless can gamble is when he or she get unexpected money from somewhere, either from friends or anything. But it isn't advisable to Gamble with the little money you have hoping to earn and multiply it because the chances of losing the money you have on gamble is 99% while the chances of winning is too slim 1% and gamblers that chase their loss are gamblers that can't accept their losses.

The outcome of doing a thing like this is a severe addiction, because whenever a player who has no funds begin to beg or take loans for gaming, it shows the gambler can't control himself by waiting till money has been earned. Those who play to win so that they could pay back borrowed money are actually in a dip mess, which is disastrous and not advisable to start with.
The moment a gambler who does not have money begin to think that gamble is a source of income, they do some irresponsible things just to get money so that they can gamble. However, if one takes a loan to gamble, there's a possibility that he will never win to repay the money he or she borrowed because there's no guarantee that he might win to repay. When a gambler uses borrowed money to gamble he whole intentions will be to win and pay back which is impossible.

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April 21, 2025, 05:07:16 PM
 #184

...I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,
That was a superb advice you gave there. It's good to always take out a part of our winning and invest such in an offline business. Even if it's not in an offline business, let it be on something unrelated to gambling. Except one's already into trading, it won't even be nice to take out win from gambling and start trading with it because that gambling mindset will still be there. Such a trader would unconsciously be taking uncalculated and unmitigated risk because that long-suffering of patience that goes with trading won't be there.

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So from your own perspective, what do you think is among disadvantages of gambling with what you have?
I think OVER greediness is often the case here. If every gambler can curtail over ambitiousness, expecting to always win without being contented with the little wins they've have here and there, most losses and addiction would take care of itself by itself.
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April 21, 2025, 05:13:07 PM
 #185

The entire thought process of gambling to make money is harmful. I dont know if you can classify this as "disadvantage" in terms of a method to make money or just a con in a pros and cons list.
Yep thinking about gambling to make money is dangerous! Because if they lose they will keep playing and keep chasing losses until they make a profit... of course there will be more losses right?
But I think many of these gamblers are not about earning here.

For me, this is how the casino math works, you are not supposed to make money there even if it seems to easy to make it there.
Hah, it's not easy to earn here... the game is easier but winning is difficult. Grin

Gambling is defenitely not a method to make money for the player just because of this.
Just for fun... no more than that.

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April 21, 2025, 05:58:27 PM
 #186

At first the only way one who's jobless can gamble is when he or she get unexpected money from somewhere, either from friends or anything. But it isn't advisable to Gamble with the little money you have hoping to earn and multiply it because the chances of losing the money you have on gamble is 99% while the chances of winning is too slim 1% and gamblers that chase their loss are gamblers that can't accept their losses.

The outcome of doing a thing like this is a severe addiction, because whenever a player who has no funds begin to beg or take loans for gaming, it shows the gambler can't control himself by waiting till money has been earned. Those who play to win so that they could pay back borrowed money are actually in a dip mess, which is disastrous and not advisable to start with.
The moment a gambler who does not have money begin to think that gamble is a source of income, they do some irresponsible things just to get money so that they can gamble. However, if one takes a loan to gamble, there's a possibility that he will never win to repay the money he or she borrowed because there's no guarantee that he might win to repay. When a gambler uses borrowed money to gamble he whole intentions will be to win and pay back which is impossible.
Whenever a gambler start taking loan to gamble, it means that he's already an addict, because why will you want to gamble when you don't have money. Addicted gamblers are always in the mood to gamble because they cannot control themselves. This is why it will be impossible for them to pay back the loan they took, because if they're making profits, they will not stop till they lose all the money.

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April 21, 2025, 06:13:16 PM
 #187

So from your own perspective, what do you think is among disadvantages of gambling with what you have?
The main disadvantage of gambling is the material in the form of money, especially for those who gamble online. Some offline gamblers can lose in different forms, such as betting their motorbikes, watches, cars to other valuable items and that is also worth money. I agree that the impact of losses from gambling can be minimized, but their mindset about gambling must first be changed.

If they aim to make money from gambling, then no matter how much money you have, it will all run out due to defeat. Victory will not come every day and it may be true that you need to withdraw some winnings from gambling to invest. But anyway, greed is very difficult to prevent in gambling, that's because they think they can win as easily as before.

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April 21, 2025, 07:50:42 PM
 #188

A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,

But he insisted that before the money he won will finish he will win more, so since he refuted my advice, then I let he go to do his wish, after one week time, he came to me and started blaming himself for misusing the money he won on gambling,

So from your own perspective, what do you think is among disadvantages of gambling with what you have?

I think the most obvious disadvantage of gambling is that you are going to lose money, no matter what. You will not win every time you play, sooner or later your luck will run out. He is positive though, you can admit to that, nevertheless it's the unknown that makes gambling very dangerous if we treat like a job.

And then others like it could affect us mentally, for me, when I lost big money, there will be times that I regret my decision that I should have used that money in other things and purposes. Worst is that you become a gambling addict, and then relationships got destroyed, you financially ruined yourself, and worst you could have done crimes like stealing just to fuel your gambling.

If gambling is about winning and losing then losing isn't really a disadvantage because it's something the gambler did knowingly. Gambling is 50/50 you can either win or lose, it's an outcome that mature gamblers prepare for mentally. When we are talking about the disadvantages we mean the effects of gambling has on people, one of them is the addiction, a lot of people are addicted to gambling and it has to lead to stealing and other vices.

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April 21, 2025, 08:07:51 PM
 #189

Huge huge disadvantages I would say especially for people who keep playing slot machines and never seem to learn their lesson. As I have said before I have not been playing slots anymore since early January of this year and I am very happy about it, yet I received a bonus from a casino where I have not limit myself for eternity like I did in Stake and what a surprise same shit happened also on that other casino and the provider was the same. The same can be said for many other aspects of gambling, they distract you from reality and keep you dreaming about a non existing reality which is that you will hit it big someday, that is the biggest like just like the people who think that they will never get old.

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April 21, 2025, 08:10:43 PM
 #190

In my opinion, the main disadvantage of gambling is that it creates the illusion that it can be a source of constant income. Gambling is somewhat similar to business and entrepreneurship (although it is neither).

This is a very dangerous illusion! It is this illusion that makes the player not stop gambling after a big win (which is certainly a reasonable and logical action), but continue to play until all their money is completely lost.

The thesis - "To earn money, you must first invest money" is applicable in business and investing, but is categorically not applicable to gambling.

In my opinion, it is advisable to initially consider gambling as training, which is aimed at developing risk tolerance. Then the player will not be disappointed, and material losses will be minimal.

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April 21, 2025, 10:58:18 PM
 #191

The entire thought process of gambling to make money is harmful. I dont know if you can classify this as "disadvantage" in terms of a method to make money or just a con in a pros and cons list.
Is it really disadvantage of gambling itself if it is us that makes this mindset? We are the one who makes the difference so we can't completely put the blame on gambling as a concept why people would think they can make profit from gambling.
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For me, this is how the casino math works, you are not supposed to make money there even if it seems to easy to make it there.
It is easy but it would not be often. It might come once a week or once a month. But you do not need to do anything out of the ordinary to win money. That is the point.

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April 21, 2025, 11:04:30 PM
 #192

Huge huge disadvantages I would say especially for people who keep playing slot machines and never seem to learn their lesson. As I have said before I have not been playing slots anymore since early January of this year and I am very happy about it, yet I received a bonus from a casino where I have not limit myself for eternity like I did in Stake and what a surprise same shit happened also on that other casino and the provider was the same. The same can be said for many other aspects of gambling, they distract you from reality and keep you dreaming about a non existing reality which is that you will hit it big someday, that is the biggest like just like the people who think that they will never get old.
I understand how you feel right now taking such a great bold decisions, taking a break from a particular thing that seems to be eating up your money and time is quite a great  relief, I remember when I was almost addicted to sport betting, that time I always lose more than I win and at that point I will be under pressure to keep gambling, trying to chase my losing or to recovery at least a bit from my loses.


Not known to me, that taking such step will further affects my peace of mind and even records me more loses than I already lose, so Making up my mind to avoid such an engagement help refresh my thoughts and memory that is why, I can now boldly say that, it is better to gamble for fun and not chasing the bag.

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April 22, 2025, 05:02:26 AM
 #193

Yeah, that is right. That is the disadvantage of gambling that we will not realize because the temptation from gambling is too big to reject. We will forget the time we want to spend to playing gambling and we want more and more even when we say that is the last round that we will play. I admitted that playing slots games make us difficult to leave because when we are in the win position, our mind will telling us to keep playing for one last round. Besides that, our mind will tell that our luck still behind us to help us to win more money. But that is not help us because that is greed that telling us and make us continue gamble.
I couldn't even imagine that this would happen to me. That I would become so addicted to gambling that I wouldn't notice how not only time but also my life flies by. That I would forget that I have family and friends. That there are things that are dear to me. I didn't even think about it when I went into an establishment with slot machines. Back then, it was an offline casino. I was completely immersed in an artificially created atmosphere where there were no windows or clocks. That's how I spent my time for days on end.

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April 22, 2025, 05:13:52 AM
 #194

A friend of mine that gambled and won told me that he will be gambling with money he won to multiple he's money, I looked at him and told he, that what he said is wrong concept in gambling, I told him to map out some amount for gambling and use the remaining for investment because gambling is not a sure something that you will be winning almost every time,

But he insisted that before the money he won will finish he will win more, so since he refuted my advice, then I let he go to do his wish, after one week time, he came to me and started blaming himself for misusing the money he won on gambling,

So from your own perspective, what do you think is among disadvantages of gambling with what you have?

The main disadvantage of gambling is that you lose all your money if you keep gambling.

If you manage to spend less, then the second disadvantage of gambling is that you lose all your time.

You could be spending that time doing other things that actually bring you money and happiness.

And the third disadvantage is that it usually makes you lonely, as your friends and family will probably not be there with you gambling 24/7.

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April 22, 2025, 08:22:39 AM
 #195

I can name a disadvantage, that hanst mentioned before - while you gamble, time passes by very quickly. Game is additive, interesting, exciting, popular. A person think he gamble for half and hours, but it turns that he has been gambling for many hours straight. Gambling is a time killer and a time stealer. People go down with head into gambling and dont see world around them.
It's not that time flies, it flies like lightning. It seems like I just sat down to play, and several hours have already passed. There were times when, in an attempt to recoup my losses, I spent more than 12 hours in a row on the game process. And that was not the limit. Yes, that's how much slots drew me in. Well, I just couldn't stop. I tried everything in a row in the hope of finding my luck. It also happened that I managed to hit a decent jackpot, since I already knew the casino by heart.

Have you noticed, that online casinos give a very detailed information about every action you have made, bets, favorite games, amount wagered, win:lose ratio, currency used, everything, but they never show the amount of time you have spent gambling. While gambling, time flies like lighting, that what you have said, I can compare it in some way people play video games. Video games platform like Steam show how much time player spend in a game. I can draw similarities between gambling and video gaming addiction by time spend. I have a friend who has spend total in two games more than 10k hours, that is more than 400 days. Can you imagine, that lets say 1/70 of a life that person spent sitting behind monitor giving orders to virtual creatures... Gambling is the same time stealer imo. People waste years of their life watching fruits spin...

 
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April 22, 2025, 08:36:37 AM
 #196

I couldn't even imagine that this would happen to me. That I would become so addicted to gambling that I wouldn't notice how not only time but also my life flies by. That I would forget that I have family and friends. That there are things that are dear to me. I didn't even think about it when I went into an establishment with slot machines. Back then, it was an offline casino. I was completely immersed in an artificially created atmosphere where there were no windows or clocks. That's how I spent my time for days on end.
Gambling can indeed be very addictive, and the sad truth is that you wouldn’t even know you’re on your way to addiction until you find yourself there. sometimes, some people are there but do not even know that they are, and even they are told, it may likely sound like an insult, because they might feel like they’re actually in control or whenever they play or lose, they’re one step closer to hitting that huge win, and this fallacy could go on for as long as possible, until the day they finally take a quick break to think about how much damage this practice is really causing them.

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fruktik
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April 23, 2025, 05:11:51 AM
 #197

Have you noticed, that online casinos give a very detailed information about every action you have made, bets, favorite games, amount wagered, win:lose ratio, currency used, everything, but they never show the amount of time you have spent gambling. While gambling, time flies like lighting, that what you have said, I can compare it in some way people play video games. Video games platform like Steam show how much time player spend in a game. I can draw similarities between gambling and video gaming addiction by time spend. I have a friend who has spend total in two games more than 10k hours, that is more than 400 days. Can you imagine, that lets say 1/70 of a life that person spent sitting behind monitor giving orders to virtual creatures... Gambling is the same time stealer imo. People waste years of their life watching fruits spin...
Oh, yes! I can imagine that a person is able to spend a lot of time gambling. This happened to me too. I remember it and feel uneasy. From the fact that I devoted so many hours to slots that completely captivated me. I could play until hunger or other human needs forced me to get distracted. I did things and came back again. Just a real addicted person who only thought about the game.

Yes, today I also play, but I approach the process with awareness and understand what is happening. I am aware of my actions.

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Sticky Bomb
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April 23, 2025, 06:27:27 AM
 #198

The entire thought process of gambling to make money is harmful. I dont know if you can classify this as "disadvantage" in terms of a method to make money or just a con in a pros and cons list.

For me, this is how the casino math works, you are not supposed to make money there even if it seems to easy to make it there.

Gambling is defenitely not a method to make money for the player just because of this.
The chunk of those who see the casino as a working environment and therefore approach it with a income source mindset are probably lazy minded and very unambitious in life, or at worse addicts chasing losses, because I personally do not see any reason someone would prefer to live by chances and at the mercy of the casino instead of going and making a living from skills, business or other seemingly financially rewarding prospects that can sustain him for a very long time and even give him more money to gamble.

If there is a way government can provide laws to ensure that everyone who engages with a casino must be earning a good living outside the casino, I think it would help relief us from this madness called taking gambling as a full time job.

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Altryist
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April 23, 2025, 06:57:43 AM
 #199


Have you noticed, that online casinos give a very detailed information about every action you have made, bets, favorite games, amount wagered, win:lose ratio, currency used, everything, but they never show the amount of time you have spent gambling. While gambling, time flies like lighting, that what you have said, I can compare it in some way people play video games. Video games platform like Steam show how much time player spend in a game. I can draw similarities between gambling and video gaming addiction by time spend. I have a friend who has spend total in two games more than 10k hours, that is more than 400 days. Can you imagine, that lets say 1/70 of a life that person spent sitting behind monitor giving orders to virtual creatures... Gambling is the same time stealer imo. People waste years of their life watching fruits spin...
Maybe such statistics would be true for those who play directly in the casino, like the slots that you mentioned, but for betting this can be inaccurate statistics, because I am many players who choose a bet outside the casino. They spend a lot of time analyze the matches and choosing a bet, in fact, you can spend hours on this, and go online just to make a bet and it will take only a few minutes.
In fact, any activity that is associated with money requires a large time of time, people spend a lot of time at work, with gambling this can also be relevant if the player is good in this, and can earn money from this.
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April 23, 2025, 07:32:47 AM
 #200

If there is a way government can provide laws to ensure that everyone who engages with a casino must be earning a good living outside the casino, I think it would help relief us from this madness called taking gambling as a full time job.

A law that will force me to earn a lot if I want to engage in gambling? First thing is that this never going to happen or work as planned. Government can not force someone to earn. Secondly, earning a lot does not guarantee that person will gamble more cautious, more smart. It will lead to people gambling with larger amounts, that is it. Casinos will win again if such law will be accepted. I think we had that kind of discussion in rich vs poor gambler topic once. If poor gambler plays low bets, it does not mean that rich gambler also gambles low bet and bet pennies.

 
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