Mindset of getting rich through gambling

[Porfirii]

Although I'm convinced that conceiving gambling and/or betting as a way of life is a mistake with a very few exceptions, dreaming of getting rich can make a lot of sense, although only if you can take it as it is: just a dream.

It makes no sense to waste a lot of money for more chances of hitting huge jackpots or winning the lottery, because your chances will be too low even if you spend a fortune. But with very little money you can try your luck from time to time, and if you're not lucky you can always hope for the best another day. This way, you can feel that when you less expect it, maybe next month, perhaps next year, you can become rich, with a minimal impact in your economy. But the moment you start trying too hard, like the OP's friend seems to be doing, it stops making sense.

[condoras]

Although I'm convinced that conceiving gambling and/or betting as a way of life is a mistake with a very few exceptions, dreaming of getting rich can make a lot of sense, although only if you can take it as it is: just a dream.

A dream that can only be a reality if you win in a single game. The lottery. There is no other game that can make someone rich without spending a fortune. In all the others you will have to spend a ton of money without any guarantee that you will even get back what you spend.

It makes no sense to waste a lot of money for more chances of hitting huge jackpots or winning the lottery, because your chances will be too low even if you spend a fortune. But with very little money you can try your luck from time to time, and if you're not lucky you can always hope for the best another day.

This is the way that someone has to think. Play what you can afford to lose, and if you are lucky, so be it. Hunting wealth through gambling is for people who don't understand how gambling even works. Having such a mindset, in 95% of the cases, you will end up poorer than you already were when you started gambling.

[Dunamisx]

Gambling is so exciting to do and we can made a decision for any reason to enjoy playing bets to an extent, because we already have a prepared mind towards it and cannot be done without us having fun gambling.

Also, having a mindset of getting rich in gambling should be taken with caution, because not every gambler end up making money in gambling, we can only be rest assured of having fun as we gamble, but not to make the money, but if the money comes in, we can have it and enjoy it, as in most circumstance, those that make it to winning never planned or prepare for it, while those that always aim to earn from gambling never make it at all.

[RockBell]

Ten years is long enough period to get knowledge of gambling, and even not only basic knowledge. It looks like that he is too silly to calculate chances and expenses. The only thing the OP can do is to help his friend with calculations. If he wouldn`t understand his results after it - ok, it is his choice, trying to help would be just waste of time.

I don't think people need to spend much time on gambling. It consumes a lot of money if not that you are gambling for fun because it is very important for everyone should know that gambling is not a source of income and another thing is for fun and its not something to take seriously because if you do it will only get the matter worst and the winning price is what is deceiving people i feel we need to understand gambling especially when you track your expenses it will help.

[DaNNy001]

10 years of gambling yet still not making it, I think he really needs to find another way of making money already and stop focusing on gambling. He already wasted a lot of time on it while also losing a lot of money. He could have bought a car already if he saved all those loses.

Since you seem to be a close friend and have concern of him, its time you get to intervene and say something about what he is doing. A good friend would always lead a friend to a better life.

Sounds unreal but there are people who are really persistent with gambling hoping that they might make profit from it one day...From my experience I discovered that the more you keep chasing losses the more difficult it would be to catch... just because people are winning doesn't mean that it's possible for everyone to win, it's important to take a break when you figure out it's not for you

[Muba20]

Ten years is long enough period to get knowledge of gambling, and even not only basic knowledge. It looks like that he is too silly to calculate chances and expenses. The only thing the OP can do is to help his friend with calculations. If he wouldn`t understand his results after it - ok, it is his choice, trying to help would be just waste of time.

I don't think people need to spend much time on gambling. It consumes a lot of money if not that you are gambling for fun because it is very important for everyone should know that gambling is not a source of income and another thing is for fun and its not something to take seriously because if you do it will only get the matter worst and the winning price is what is deceiving people i feel we need to understand gambling especially when you track your expenses it will help.

If a gambler plans to get rich in gambling, then betting can have a negative impact on that gambler. Whatever the win or loss in gambling, gambling should be stopped within a certain limit. When a gambler plans to win from gambling, it will never be as per his plan. If he wins today, he will have to lose  tomorrow. If a gambler can easily accept defeat, he is the one who is suitable for betting. But if he gambles with the intention of getting rich, the chances of losing are definitely high.

[348Judah]

10 years of gambling yet still not making it, I think he really needs to find another way of making money already and stop focusing on gambling. He already wasted a lot of time on it while also losing a lot of money. He could have bought a car already if he saved all those loses.

Since you seem to be a close friend and have concern of him, its time you get to intervene and say something about what he is doing. A good friend would always lead a friend to a better life.

Sounds unreal but there are people who are really persistent with gambling hoping that they might make profit from it one day...From my experience I discovered that the more you keep chasing losses the more difficult it would be to catch... just because people are winning doesn't mean that it's possible for everyone to win, it's important to take a break when you figure out it's not for you

We can be persistent in our confidence of hitting it one day, but our expectation should not be built base on desperation, because those who think they can only survive by what they come out with from gambling will end up being disappointed, because in gambling, there is more tendencies of losing than winning bets, so we have to be more careful and know what is ahead of us, so we don't end up on a dashed expectation.

[uneng]

Although I'm convinced that conceiving gambling and/or betting as a way of life is a mistake with a very few exceptions, dreaming of getting rich can make a lot of sense, although only if you can take it as it is: just a dream.

It makes no sense to waste a lot of money for more chances of hitting huge jackpots or winning the lottery, because your chances will be too low even if you spend a fortune. But with very little money you can try your luck from time to time, and if you're not lucky you can always hope for the best another day. This way, you can feel that when you less expect it, maybe next month, perhaps next year, you can become rich, with a minimal impact in your economy. But the moment you start trying too hard, like the OP's friend seems to be doing, it stops making sense.

I believe that is the best way to gamble. Risking cheap sums of money, while pursuing high odds. With that in mind, lottery looks an interesting alternative for long term gamblers who are prone to place bets from times to times, while never giving up.

I know people who have been gambling like that for their entire lives, and even though they didn't win anything yet, gambling doesn't have a negative impact over their finances, what is a good thing, since they are respecting personal limits.

The problem begins when the gambler adopts a mindset where gambling is considered a job or extra income source. Such ideas are common among gamblers nowadays due to ignorance and sudden popularity of virtual betting platforms, where at first impression it looks like there are superior winning chances for gamblers, compared to the old traditional lottery system.

[CryptopreneurBrainboss]

Many persons have been gambling for more than 10 years without seeing more gain that their have lost in the past years.
I have a friend who has vowed that he must get rich through this gambling which propels him to be staking everyday a day will not pass that he will not show me a coupon and i have been very worried about this so i dont know if i should tell him to stop dreaming of acquiring a big house a nice car good clothes with gamble money.

Allow them let experience teach them some lessons because if you stop him and someone close to him get to win from gambling, he's going to be blaming you for life for stopping him. There are some things that I just don't stop people from doing especially when they're full of hopes and faith that their dreams can be fulfilled. They should on their own decide whether to stop or continue hoping on gambling elevating them from their current situations. It might just workout for them, we might never know if we stop them from keeping their faith high. It's gambling so anything can happen, people have won millions from nothing and it can still repeat itself.

[HelliumZ]

Many persons have been gambling for more than 10 years without seeing more gain that their have lost in the past years.
I have a friend who has vowed that he must get rich through this gambling which propels him to be staking everyday a day will not pass that he will not show me a coupon and i have been very worried about this so i dont know if i should tell him to stop dreaming of acquiring a big house a nice car good clothes with gamble money.

op, just as your friend has chosen gambling to become rich, you will see later that this determination or plan of your friend will become dangerous for your friend. No one can get rich overnight from gambling, and if you balance the amount of profit you make or the amount you spend on gambling, you will definitely be in loss. Your friend's determination is completely wrong and if you can give your friend a suggestion to get out of this determination. Remember that gambling can never make people rich.

[Platinumys]

Most of the gamblers who come to gamble with the plan that they will earn a lot of money by gambling and change their fate have been severely damaged financially. With such high hopes and greed in their minds, it is not possible to improve. Some people take gambling as a hobby and the results of gambling do not have much impact on their lives, but those who have good expectations beyond having fun and on the results of gambling cannot easily quit gambling, but they gamble a lot and it turns out that they are losing all their money due to a few wrong decisions. Such gamblers do not stop there even after losing money, but they borrow money from others or sell their last possessions and continue gambling in the hope that they will get a lot of money at some point, but it never comes to them, as a result of which they leave their homes and run away to a far place, unable to repay people's debts.

[mak013]

Ten years is long enough period to get knowledge of gambling, and even not only basic knowledge. It looks like that he is too silly to calculate chances and expenses. The only thing the OP can do is to help his friend with calculations. If he wouldn`t understand his results after it - ok, it is his choice, trying to help would be just waste of time.

I don't think people need to spend much time on gambling. It consumes a lot of money if not that you are gambling for fun because it is very important for everyone should know that gambling is not a source of income and another thing is for fun and its not something to take seriously because if you do it will only get the matter worst and the winning price is what is deceiving people i feel we need to understand gambling especially when you track your expenses it will help.

For me it was stable income for a long period. But it is really difficult. But we are talking not about me.
If i would be losing, i wouldn`t wait 10 years to understand it, i would play only for fun or even stop the game. I can understand some small loses, when you pay for emotions or show, but stable loses being sure that you will get Jackpot - it is just silliness.

[Leahized]

Many persons have been gambling for more than 10 years without seeing more gain that their have lost in the past years.
I have a friend who has vowed that he must get rich through this gambling which propels him to be staking everyday a day will not pass that he will not show me a coupon and i have been very worried about this so i dont know if i should tell him to stop dreaming of acquiring a big house a nice car good clothes with gamble money.

It's a misconception because it is never possible to get rich by gambling. And this is a very normal person who makes every step of the wrong mentality, such as gambling. However, not everyone has the fate. Many people can earn a lot of money by gambling because of good luck. But if you have extra greed, you can lose all the money again. Because we all think once we have won and we can go again next time. In this hope, I started gambling with more money and lost very quickly. That's why I think this is the most wrong thing for a gambler. You have to think many times before making a decision on these issues.

[Oluwa-btc]

I have a friend who has vowed that he must get rich through this gambling which propels him to be staking everyday

A total wrong mindset to have thought that gambling can get you rich quick, I think a lot of newbies and beginners to gambling need to learn from old experience gamblers and from gambling stories that gambling isn't a get rich quick scheme and at such it should be played with caution. And mind you there's no one that can actually get rich through this medium, but sometimes you may be lucky to have  won a substantial amount that seem like you've made it but clearly it's impossible.

[doomloop]

It is not possible to buy an expensive car or a big house by gambling. Those who can do it may not be able to sustain it. In fact, gambling is not about making money. If it were about making money, people would buy an expensive car or a big house by gambling. Your friend may be able to fulfill the promise you made to him in gambling, but I think your friend will lose more than that. But if your friend trusts gambling too much and uses all his money in gambling, then I think your friend may lose everything because no one can tell what will happen in gambling and especially in gambling, there is a guarantee that you will lose everything.

I agree, never think about buying expensive house or care with gambling money but if you have these things surely it's easy to lose them through gambling because this is best and easy way to lost them. I have few personal real time authentic peoples those were rich before entering into gambling but sadly now they are living below then average life because in last 15 years they are having enough loses and their money is not recoverable due to their mentality issues.

Gambling as addiction is never been allowing anyone to keep money and enjoy life it's always brought things which are having tension and other problems specially mostly peoples face mental issues which hurt badly.

[MAAManda]

I have a friend who has vowed that he must get rich through this gambling which propels him to be staking everyday a day will not pass that he will not show me a coupon and i have been very worried about this so i dont know if i should tell him to stop dreaming of acquiring a big house a nice car good clothes with gamble money.

It's not a good idea to tell him upfront to have such a mindset, it will make him think that your advice is a hindrance for him & he will gamble even crazier. I think the best step you can take now is to keep monitoring him & when he has a big loss, you can give him small suggestions to start stopping that mindset. Gambling is basically just entertainment, when it's for living, then he must be a professional who has all the tools to leverage the winning percentage.

[Pandu Geddon]

Many persons have been gambling for more than 10 years without seeing more gain that their have lost in the past years.
I have a friend who has vowed that he must get rich through this gambling which propels him to be staking everyday a day will not pass that he will not show me a coupon and i have been very worried about this so i dont know if i should tell him to stop dreaming of acquiring a big house a nice car good clothes with gamble money.

A gambler who has such determination can only be made aware by the slap of reality that their thoughts over the years are a mistake. It will be difficult to give your friend advice. What you might find is that your thinking does not support your friend.
If your friend can be advised and start to control their gambling activities, that would be great. But I think the outcome will be difficult.

[nara1892]

You should tell and try to make your friend aware that his goal will never be realized, I'm sure everyone, especially those here, already know why you better make your friend aware, the absence of certainty and any guarantee regarding the results at the end of the game is the biggest reason why gambling should not be used as a place to earn income or as a place to solve financial problems, so my advice is to immediately tell and make your friend aware before it's too late, before your friend loses part of his life.

[Pandorak]

Many persons have been gambling for more than 10 years without seeing more gain that their have lost in the past years.
I have a friend who has vowed that he must get rich through this gambling which propels him to be staking everyday a day will not pass that he will not show me a coupon and i have been very worried about this so i dont know if i should tell him to stop dreaming of acquiring a big house a nice car good clothes with gamble money.

This is a flawed way of thinking. If your friend is serious about what he is saying, then he is in big trouble, because it is impossible to fulfill all of his desires through gambling alone. I am certain that if they were to compile historical data on withdrawals and deposits, they would find that the deposit amounts are significantly larger. I suspect your friend has become a severe gambling addict. While viewing gambling as entertainment may be commonplace, when one expects to achieve something substantial, it becomes challenging.

[xenomorfo]

I don't think people need to spend much time on gambling. It consumes a lot of money if not that you are gambling for fun because it is very important for everyone should know that gambling is not a source of income and another thing is for fun and its not something to take seriously because if you do it will only get the matter worst and the winning price is what is deceiving people i feel we need to understand gambling especially when you track your expenses it will help.

actually yes, it spends a lot of time because let's be clear, after all i think it's fun, just like it's fun for me to play poker with friends
Honestly, i am a little uncomfortable with betting because i don't understand much about sports, i am not even that interested.