If losing $20 per day in gambling makes us happy...

[2Pizza410000BTC]

let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

If you can afford to lose the amount of money, it is not a waste of money. An instance is someone earning $500 to $1000 weekly, such person will not consider losing $20 as a waste of money if he has a lot to save. The daily recommended amount is 1% of your weekly income that should be spend on gambling if you have savings from it.

Yes, it is true that if can afford to lose money, then it is not a waste of money, but gambling every day is not at all right because gambling every day can lead to a gambling addiction. Now if someone earns $500 to $1000 a week, then it is reasonable to use $20 from that, but of course, you should keep an account of that $20 every day so that you have a weekly and monthly account of how much money you have lost or won by gambling. I have always used 1% to a maximum of 5% of my income for gambling because it is better for everyone to use 1% to 5% of their income for gambling, so that there is no possibility of objection and there is support for losing.

[nara1892]

I believe in the idea that there is no joy in the context of "losing" in any form, I also understand that being responsible can help you tolerate feelings of disappointment or anger due to the loss you experience which makes you feel okay because of the preparation in advance, but I do not believe that we are completely happy in the situation, the most appropriate is not to be too affected by the loss situation.

Another thing I think losing money every day (say $ 20) is still a waste of money regardless of whether you feel happy or not, so I usually make gambling a last resort to find pleasure when I have no other alternatives, does what I say make sense?

[swogerino]

I believe in the idea that there is no joy in the context of "losing" in any form, I also understand that being responsible can help you tolerate feelings of disappointment or anger due to the loss you experience which makes you feel okay because of the preparation in advance, but I do not believe that we are completely happy in the situation, the most appropriate is not to be too affected by the loss situation.

Another thing I think losing money every day (say $ 20) is still a waste of money regardless of whether you feel happy or not, so I usually make gambling a last resort to find pleasure when I have no other alternatives, does what I say make sense?

I played a lot of time with 20 dollars as it was translated to near 350.000 IDR and I kept playing Gate of Olympus Super Scatter in different casinos, it is not the casinos, it is the provider as in many casinos I saw the same pattern in this game, I was playing with buy bonus, normal one not the super buy bonus and in every casino I kept a record of 15-17 lost buy bonuses and 1 or 2 wins max, clearly a losing side, I had pleasure during the time that I was waiting to get something, to hit something big yet it was another empty session. Anyway like we say, the sun will rise tomorrow for another time and we will try again  . Of course I am not happy now after the losing session yet what keeps me happy is the fact that maybe tomorrow I will hit it big and this keeps me going, like I believe many other gamblers.

[purple_sparkles]

I believe in the idea that there is no joy in the context of "losing" in any form, I also understand that being responsible can help you tolerate feelings of disappointment or anger due to the loss you experience which makes you feel okay because of the preparation in advance, but I do not believe that we are completely happy in the situation, the most appropriate is not to be too affected by the loss situation.

Another thing I think losing money every day (say $ 20) is still a waste of money regardless of whether you feel happy or not, so I usually make gambling a last resort to find pleasure when I have no other alternatives, does what I say make sense?

Losing $20 dollars a day is quite a lot, even if you don’t play every day but every other day, or at least 10 days a month, it adds up to $200. I think that’s not a small amount of money for some countries. I don’t worry about losing small bets, I take it calmly, but if it comes to bigger amounts, I would feel upset if I lost, especially if it happened often. But I hope that being able to afford losing such an amount doesn’t mean all of it will be lost every time, there will be days with wins too.

[Julien_Olynpic]

Different people really do have different attitudes towards their losses. It all depends on how you justify to yourself why you should not pay attention to the loss, but again and again bring money to the bookmaker or casino. It can be compared to fast food restaurants. Most likely, you will not get much benefit from these restaurants. In addition, many researchers write that fast food restaurants are harmful to health. However, you can look around and see how many people constantly go to fast food restaurants. They leave a certain amount of money there and do not get any health benefits. But they come again and again. I would also compare casinos and bookmakers to fast food restaurants. Most know that they will lose their money there, but nevertheless they go there again and again to enjoy losing money, lol.

[jcojci]

Losing $20 dollars a day is quite a lot, even if you don’t play every day but every other day, or at least 10 days a month, it adds up to $200. I think that’s not a small amount of money for some countries. I don’t worry about losing small bets, I take it calmly, but if it comes to bigger amounts, I would feel upset if I lost, especially if it happened often. But I hope that being able to afford losing such an amount doesn’t mean all of it will be lost every time, there will be days with wins too.

But still, you will difficult to win the gambling games so it is better to reduce the budget to playing gambling. Nobody want to lose big so we must limit our budget in gambling. Losing $20 per day will not make us happy but we will suffer because of the loss.

If we always remember to limit our money to gambling, we will be able to reduce the big lose. Indeed, we can win from the games but if we compare how much money we win and lose in gambling, the amount will be big in lose than winning.

[Altryist]

Different people really do have different attitudes towards their losses. It all depends on how you justify to yourself why you should not pay attention to the loss, but again and again bring money to the bookmaker or casino. It can be compared to fast food restaurants. Most likely, you will not get much benefit from these restaurants. In addition, many researchers write that fast food restaurants are harmful to health. However, you can look around and see how many people constantly go to fast food restaurants. They leave a certain amount of money there and do not get any health benefits. But they come again and again. I would also compare casinos and bookmakers to fast food restaurants. Most know that they will lose their money there, but nevertheless they go there again and again to enjoy losing money, lol.

Fast food is a bit different, because at least you get to eat. People go there because it’s cheap and the food is quite greasy, so even after a small portion you feel full, and people go there to eat. Of course, it’s bad for your health, but since there are quite a few poor social groups, they make that choice for themselves it’s quick and cheap. But gambling is a completely different story, you come, lose your money, and leave hungry, gambling is not as harmful to health as fast food, so this is a slightly inaccurate comparison, without gambling a person can survive, without food no.

[Muba20]

Losing $20 dollars a day is quite a lot, even if you don’t play every day but every other day, or at least 10 days a month, it adds up to $200. I think that’s not a small amount of money for some countries. I don’t worry about losing small bets, I take it calmly, but if it comes to bigger amounts, I would feel upset if I lost, especially if it happened often. But I hope that being able to afford losing such an amount doesn’t mean all of it will be lost every time, there will be days with wins too.

But still, you will difficult to win the gambling games so it is better to reduce the budget to playing gambling. Nobody want to lose big so we must limit our budget in gambling. Losing $20 per day will not make us happy but we will suffer because of the loss.

If we always remember to limit our money to gambling, we will be able to reduce the big lose. Indeed, we can win from the games but if we compare how much money we win and lose in gambling, the amount will be big in lose than winning.

Usually, the amount of losses is higher than the amount of wins in gambling and there are sufficient reasons for this. Gamblers should definitely bet the amount of money that they can afford to lose. There are some gamblers who try to place big bets in the hope of getting more profit, but in their case, the amount of losses is higher. Even if they win big, they cannot keep the amount of winnings. Due to their lack of control over gambling, they become addicted gamblers at some point and gamble, which is why the losses are also high. If a certain amount of money is budgeted for gambling according to their ability, then the gambler can be free from the negative impact of gambling losses.

[Pandu Geddon]

Usually, the amount of losses is higher than the amount of wins in gambling and there are sufficient reasons for this. Gamblers should definitely bet the amount of money that they can afford to lose. There are some gamblers who try to place big bets in the hope of getting more profit, but in their case, the amount of losses is higher. Even if they win big, they cannot keep the amount of winnings. Due to their lack of control over gambling, they become addicted gamblers at some point and gamble, which is why the losses are also high. If a certain amount of money is budgeted for gambling according to their ability, then the gambler can be free from the negative impact of gambling losses.

The most important thing is that gamblers must know the right budget that they can afford to bet. Gamblers who cannot calculate and determine their gambling budget then surely experience something bad will happen with their gambling activities. Either in the short term or in the long term. Because I'm sure their finances will be easily disturbed when gamblers start betting more than they can afford.

[Smartprofit]

I believe that gambling can be viewed as personal growth training. It is in this capacity that gambling acquires a certain meaning.

We play and develop certain psychological qualities - for example, the willingness to take risks. Risk tolerance allows you to achieve greater success both in business and in your personal life. In addition, gambling can be viewed as a type of relaxation from hard hired work (or business).

If gambling allows you to relieve stress, then this type of activity is certainly useful. It is much better than smoking cigarettes or drinking alcohol.

In addition, if you earn, for example, $ 200 per day, then losing $ 20 is a small financial loss.

[Polkeins]

Rich people are rich because they can count money. You so easily say $20 is nothing, but it becomes $600 per month and $7200 per year. If you even willn`t spend it you get nice sum after a year. Just calculate what interesting and useful things you can buy. And on the other hand just everyday spending time and money.
PS. I can lose $20-$50-$100, it is not a problem. But everyday losing and repeat it day by day - even sounds awful for me.

It is quite possible that such losses for many players just as an inoculation, because a real player realizes that he can not stop and will play until the last breath, then perhaps the loss of 20 dollars will satisfy the instinct of the player, and the amount is not so big for most people to go broke, so it is bad to lose, but it is better to lose small losses than bet once a large amount of money on a single event, the all-in, which many people wait their whole lives and which may never happen, but to ruin the big bets have been able to many people

Everyday inoculation? Oo I`d prefer to change a doctor I like to work with numbers. For me everyday losing $20 equals one lose $600 per month. As for me - it is not a problem in just one situation - you plan to spend to money in casino. May be during the journey. In all other situations if it is stable losing money - i don`t interest in such occupation.

It is clear that you can not lose all the time and this is more of an allegory, but the point is to develop discipline and understand what the essence of gambling. As written here before that gambling is pure luck and it should just accept and stop fighting with that and constant losses should help to develop some of their approaches to gambling and the first rule is not to play for all your money and adhere to risk management.

There are people who are prone to gambling, but deny it for a long time and do not even bet, but at some point in life they can no longer hold back and bet most of their money on a single match, which seems to them 100% winning and usually still suffer losses.
Therefore, gambling losses are inevitable and it is better to get used to it immediately on small amounts than to lose much more in the hope of a random win.

[Findingnemo]

It depends? Especially based on the income of the person. If I make $200 a day and $20 is 10% of it then so it's not wise to spend that much but if someone is making $1000 a day and $20 is nothing for them so it solely depends on our affordability. I won't suggest gambling as a habit even though it brings fun, because it is highly addictive and we can never be so sure that we will stop at $20 on every successive day that passes by.

Keep it random and enjoy the chaos.

[Finestream]

$20 is nothing for a rich gambler, it was just a throwaway money for them. But for poor people, this is already huge.

There is a post that "I'm rich because I am a gambler". That something defines that rich people can afford to lose money while poor people cannot. But I don't think that if we can afford to lose $20 a day, it's just okay. Certainly, a responsible gambler doesn't see it right.

Although we believe that we could lose more in gambling. It doesn't mean that it was okay to lose every day.

Rich people are rich because they can count money. You so easily say $20 is nothing, but it becomes $600 per month and $7200 per year. If you even willn`t spend it you get nice sum after a year. Just calculate what interesting and useful things you can buy. And on the other hand just everyday spending time and money.
PS. I can lose $20-$50-$100, it is not a problem. But everyday losing and repeat it day by day - even sounds awful for me.

This uncontrolled spending behavior of a gambler is one reason why some rich individuals become poor. Some rich people indeed end up committing suicide because they can't accept what happens to them after losing in gambling. It is something we need to think about that gambling should not be treated this way, and we must control ourselves as much as possible, even if we are willing to lose.

Even though it was a small amount, when it is accumulated, it becomes huge.

[alastantiger]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it. Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

Losing that $20 consecutively daily is going to look like a waste of money for me. When losing is the only way you can enjoy gambling then know that you have a problem that needs urgent attention. I can't justify my daily losses because I don't like to lose. It'll disturb me more when I'm losing as it'll be like for me like I don't know what I'm doing. Instead of me to keep losing that money, I'll save that money everyday up untill it has reach a decent amount for investing then I'll invest the money into any cryptocurrency of my choice. It can be Bitcoin when the capital has increased significantly but when it's little, I can settle for trading or investing into other cryptocurrency. Bitcoin needs better capital to make big profits.

[LFC_Bitcoin]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

If you can afford to lose $20 a day and you get enjoyment out of gambling regardless of winning or losing then it’s not a problem no.

It’s no different to blowing $140 or more on Saturday night at the club. If you get enjoyment out of something and it doesn’t negatively impact your life then carry on.

[kawetsriyanto]

Actually, in trading you also cannot count on any stable or fixed income over a certain period. Back in the day, I was actively trading and I can say that every month the results can be different, because it’s very difficult to predict something here, just like in gambling.

There is no stable income in crypto. Sure, we can't count fixed income from trading as well. We can get different amount of profits weekly or monthly. However, I don't think it is similar with gambling because we even can get nothing in gambling.

Investing is a bit easier because it is mostly about long-term deals and you can set yourself a target price at which you will exit the trade.

If you only invest in Bitcoin, you can say it is easier. But if you invest in altcoins, I'm not sure if it can be easier. Holding altcoins for a long time can be riskier because it is hard to predict the future of altcoins. I even think it can be easier to trade altcoins daily than investing in altcoins for few years.

And when it comes to entertainment, I think most players are actually playing in hopes of making money from gambling, and very few people enjoy losing their money during losses.

Every gambler must expect for earning money. However, some gamblers may enjoy the gambling games and they become more realistic in dreaming the prizes. I don't say they enjoy during losses, they spend the money for fun purpose as well. By the way, when you decide to gamble, you must be ready to lose money before you start playing the games.

[STT]

There is some joy even in a game without a win that in effect loses us money.  The main deal is the experience overall, after all millions of people play lottery large state and national deals that they never expect to really win its just the idea or dream of I have a chance at least of leaving my job and troubles behind one day and its valid if at a smallish cost imo.
   The dangerous part would be where is actually ironically possible to become addicted to losing, its a very strange to state but I would never suggest always losing is ok exactly but if you are comfortable and losing amounts you would spend on beer etc.  some money you can afford to lose then its perfectly fine to play and carry with a game or activity you enjoy.

[alani123]

While $20 may be nothing for certain income brackets, this percentage of people compared to the world's population is nothing. So It's right in terms of ethics to question their intention.

However, the current system makes it as such that if people want to throw their money at billionaires for no reason and nothing or close to nothing in exchange, they're more than free to. The only intervention governments will have to this is taxes. This is the social contract we have at the moment and it's what we'll have to roll with. Unless you want to organize some for some fundamental change, not much is going to change.

[jcojci]

snip

Usually, the amount of losses is higher than the amount of wins in gambling and there are sufficient reasons for this. Gamblers should definitely bet the amount of money that they can afford to lose. There are some gamblers who try to place big bets in the hope of getting more profit, but in their case, the amount of losses is higher. Even if they win big, they cannot keep the amount of winnings. Due to their lack of control over gambling, they become addicted gamblers at some point and gamble, which is why the losses are also high. If a certain amount of money is budgeted for gambling according to their ability, then the gambler can be free from the negative impact of gambling losses.

Yes, agree with you because gamblers usually do not care about their losses and want to play more to get the money. But if they can prevent more losses by stopping gambling on that day, they will not risk more money and will not get a big loss. Losing will be on our side so we must know how to manage the loss not to become big. Even if we place a big bet, that doesn't mean we can win many times so we should have control over gambling and prevent more losses. But if someone can budget with more money than others, that will be okay because they will have their own calculation on how much money they can use to gamble.

[TheUltraElite]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

20$ a day seems small. But try doing that for a year, it comes up to a simple amount of 7300$ - would you be willing to waste that to having fun or rather put the money to some good use? Maybe repair/repaint your old house so that you can start renting it out and generate income or start a new venture.

In some countries 20$ a day will get your 2 big meals and therefore it should be spent wisely. Now a wiser method of balancing fun with not-fun stuff is 20$ every month, that adds up to 240$ a year, which you can afford to lose or even 100$ yearly vacation to Vegas which again sounds decent.