Has gambling become a place to loose your hard earned money?

[Queentoshi]

Personally, I do gamble, but I haven't made any profit from gambling because my wins is far below the profit I have made.

You still see your profit from the financial side alone; some gamblers consider their profit from the side of the entertainment they get, and not only their financial profit. People lose their hard-earned money on different activities; we do not need to vilify gambling like it is the only cause of loss. If you are gambling irresponsibly, you would lose a lot of money faster than someone who is gambling within a responsible limit and ensuring that any amount they spend in gambling is an amount of money they've budgeted for it already.

[Promocodeudo]

What do you think?

For me, Gambling is never a place to lose your heard earned money but losses are inevitable in the game, I understand that your description of gambling is coming from the mindset of expecting too much from gambling, if there person that have win more than they lost, they are not much, I don't even think that there are any gambler like that, misunderstanding is the reason why people think that they'll get rich through gambling, maybe most gamblers are missing the point, gamblers are not supposed to gamble recklessly with what they can to afford to lose, why people complain much when the lose is because they refuse to go by the roles, have your Budget, gamble from there, accept your fate as you and be at peace with yourself.

[Mrbluntzy]

However, I have come to realize that many gamblers right from when gambling started existing have not been on the safer side,

You don't mean it to tell us that you are just realizing this today, did you just start gambling today or maybe you just  heard about gambling for the first time today? There are older gambling topics created by you you that says otherwise.

many gamblers have not made any gain rather they make losses in regular basis, and just very Small percentage of gamblers can boast of life changing rewards from it,

Gambling is not a source of income, you are adviced to gamble with the amount you can afford to lose because most of the times, players are losing more than the amount they have won.

and will every gambler really make life changing rewards?

You already answered the question in your second to last statement.

We have had many stories here, how gambling has shattered some families, and relationship, and some people gamble with money meant for their family upkeep,

Those victims caused it by themselves, they could have avoided if they want because there are people that almost end up in same situation but they made sure it never turned out that way.


 

Personally, I do gamble, but I haven't made any profit from gambling because my wins is far below the profit I have made.
In nutshell, gambling doesn't guarantee success, and we should approach it as fun rather than a place of making money, and statistically majority of gamblers have made huge losses rather making profit.

Winning is based on luck, even those games that requires skills, winning can still be based on luck because to win a life changing amount, you could end up risking the amount you could not have afford to lose and if you are not lucky enough, your skill can still fail you.

What do you think?

Lock the thread, there's nothing serious to discuss here, everyone have an idea about this topic.

[bangjoe]

snipe
Personally, I do gamble, but I haven't made any profit from gambling because my wins is far below the profit I have made.
In nutshell, gambling doesn't guarantee success, and we should approach it as fun rather than a place of making money, and statistically majority of gamblers have made huge losses rather making profit.

What do you think?

We often discuss this and the answer of many people will say "yes that's the way it should be" this becomes a common suggestion in forums or in any discussion room about gambling.
Losing that money is what it should be, however you seek pleasure in gambling, but it is a sobering sentence for some people that at its core most people hope luck slaps them and hit the jackpot from gambling, isn't it like that? have you ever experienced it or seen others show their huge luck and you are tempted to get it too in gambling?

[Sim_card]

In nutshell, gambling doesn't guarantee success, and we should approach it as fun rather than a place of making money, and statistically majority of gamblers have made huge losses rather making profit.

That's the mistake some gamblers make, they think that gambling is a road to success but that's not true because it's the opposite. Gambling isn't a business, job or skill which one can hope to become successful at. It's a medium to have fun and entertain yourself. However, gambling is more attached to losses than profits.

[Miles2006]

Gambling is not a means of earning money, gambling might be a game of success while others don’t get to experience the success basically winning a life changing amount seems very rare and in order to be very lucky then the gambler has spend a lot before achieving a life changing win.
I wonder whenever gambling win is mentioned people intend to think about the big win, reason why a lot of people are blinded by life changing win. I consider all level of win normal, it doesn’t matter which is higher although people lose more often compared to wins but, aside huge wins I doubt if it’s that difficult to win.

[Hispo]

In nutshell, gambling doesn't guarantee success, and we should approach it as fun rather than a place of making money, and statistically majority of gamblers have made huge losses rather making profit.

That's the mistake some gamblers make, they think that gambling is a road to success but that's not true because it's the opposite. Gambling isn't a business, job or skill which one can hope to become successful at. It's a medium to have fun and entertain yourself. However, gambling is more attached to losses than profits.

What you say it is correct, but it has become increasingly difficult to convince people not to get into gambling with the intention to make money out of it on the long term, when there are so many histories of people who became wealthy thanks to a very fortunate punch of good luck during one of their gambling sessions at crypto casinos.

When you have millions of people being constantly showed success stories within the world of casinos and bookies, it is just a matter of statistics and psychology before an important percentage of them try to emulate that success, fruitlessly, since they will lose their money.

[Franctoshi]

In the first place gambling is not a place meant to put your hard-earned money, and that's where people usually get it wrong and get hooked. It's a place to use the amount of money that you can afford to lose.

Secondly, I think from my point of experience and observation being a gambler, I think the system is not properly being scrutinized by regulators because I have witnessed a lot of manipulation with some betting platforms that I have used, both local and the local betting platforms I use. This is the bitter truth: while the system is not favorable to many that gamble, I don't mean manipulated when it comes to sports betting, but those casino games, like the slot, ludo, mines, and rest of the other games,games are without the gamblers actually noticing it if you aren't paying closer attention.

[Out of mind]

Due to the advancement of technology, gambling has become more and more popular worldwide, as a result of which every smartphone user enters gambling whenever they want. Nowadays, people easily enter online casinos through various types of advertisements on social media and lose their money by gambling with their hard-earned money.
Many times we hear from various media that many people get into a lot of debt and later give up their lives, which is very harmful for a family. Online casinos have advantages as well as disadvantages, especially for those who cannot control themselves in gambling. Online casinos should be bet for fun and entertainment, but here most people fail to control themselves and cannot maintain their sense of discipline, resulting in addiction.
Moreover, many people work hard and later lose that money when they come to gamble, basically people now enter online casinos to make money. I think those who bet for entertainment and fun and can control themselves will not lose, but those who enter casinos to make money will face losses.

[Sobz]

What do you think?

Apart from gamnling any place can be considered as a place for one to lose their hard earned money. Everything is just about understanding. Despite gambling is a game that cant be predicted but for those who have the real understanding of what gambling is all about will be able to regulate their lose in gambling which will not be considered ad lose. In business people do lose but if you understand it better you can be able to control your lose and so in gambling too. People allow gambling to be a place of lose for them because they are desperate of making so much money from gambling.

[cocadalcan]

No matter how you view gambling (for money or entertainment), you need to play with control. Most gamblers lose more than they win, but many still spend time on gambling platforms. One reason for this is that controlled gamblers don't just lose, they sometimes win big.

Gambling carries the risk of losing a lot of money if you get carried away. Rebuilding your funds after a loss or continuing to gamble for more wins after a win is not a good idea.

So I would say that gambling does not guarantee success, but gambling with control and using limited bankroll may be able to reduce your losses to a large extent.

[_act_]

Apart from gamnling any place can be considered as a place for one to lose their hard earned money. Everything is just about understanding. Despite gambling is a game that cant be predicted but for those who have the real understanding of what gambling is all about will be able to regulate their lose in gambling which will not be considered ad lose. In business people do lose but if you understand it better you can be able to control your lose and so in gambling too. People allow gambling to be a place of lose for them because they are desperate of making so much money from gambling.

Gambling is very different from businesses if we are to discuss about losses. I am not expecting any losses in my business, although it can happen at times but not frequent like how it is in gambling  and the loss should be very minimal and little. Unlike in gambling, I am expecting losses. That is how I see my business and gambling. I spend more money on business and expect more returns, unlike gambling which I do for entertainment and nothing more than entertainment.

[swogerino]

I think gambling is almost as old as the world because it began very long time ago. Before now gambling existed in a different form, but today because of the increasing technology, gambling has entered into the digital world.
However, I have come to realize that many gamblers right from when gambling started existing have not been on the safer side, many gamblers have not made any gain rather they make losses in regular basis, and just very Small percentage of gamblers can boast of life changing rewards from it, and will every gambler really make life changing rewards? I can equally see that some countries are placing ban on their citizens not to gamble, and some are trying to regulate the system so that gamblers can be responsible, and spend less money instead of gambling with all their money.
We have had many stories here, how gambling has shattered some families, and relationship, and some people gamble with money meant for their family upkeep, and all this story is about the risk that gambling pose to our financial growth.
Personally, I do gamble, but I haven't made any profit from gambling because my wins is far below the profit I have made.
In nutshell, gambling doesn't guarantee success, and we should approach it as fun rather than a place of making money, and statistically majority of gamblers have made huge losses rather making profit.

What do you think?

This is the overall law of gambling, it is created to make money to the house over the long run compared to players, the big wins that you see heavily promoted now in this digital world that has gotten us all, are exactly promoted heavily in streaming services so they can reach as many people as possible to fell for this trap. The fact that slot providers come up with a new game every week or two weeks maximum shows how profitable is this business for the casinos and there is nothing to be surprised of these people getting our money as you say, let's say some people play little money like 10 dollars, it is called entertainment. Now make that 10 dollar multiplied by 100.000 players and you get the idea, one million dollar is created, out of this only very few money is given back to gamblers. So based on this only stupid people should gamble yet this is not the reality, even Phd-s gamble.

[Itz-prisigold]

No matter how you view gambling (for money or entertainment), you need to play with control. Most gamblers lose more than they win, but many still spend time on gambling platforms. One reason for this is that controlled gamblers don't just lose, they sometimes win big.

Gambling carries the risk of losing a lot of money if you get carried away. Rebuilding your funds after a loss or continuing to gamble for more wins after a win is not a good idea.

So I would say that gambling does not guarantee success, but gambling with control and using limited bankroll may be able to reduce your losses to a large extent.

I'm with you on that one, but I feel another angel gamblers need to consider is how they count a successful gambling. There are some people who are so much preoccupied with only their wins that they are unable to pay attention to the overall performance. After one nice win they can fool themselves into thinking they are winning big, but in reality what they have really spend on gambling says a different thing.

And also it's very important to understand when gambling isn't worth the effort or time anymore. When gambling get to the stage where someone feels they need to continue playing in order to make up for losses or just keep the momentum going, it can easily become a frustrating cycle.  In most cases I believe walking away from gambling totally is always the best thing to do.

[DanWalker]

Yes, history of gambling is almost as old as human civilization itself. However in this digital age arrival of online casino and crypto gambling has completely transformed the game. Now, by simply opening app, we can wager entire bankroll with single click, there are no physical barrier whatsoever.

will every gambler really make life changing rewards?

Mathematical and scientific truth is, never!

gambling industry is built entirely upon mathematical advantage and house edge.
Whether you play roulette, spin slot or engage in sport betting, mathematic will always work in favor of house in long run.
Occasional short term win and hitting large jackpot might make it seem like making profit is possible.
However, in long term very few people are actually able to come out ahead.

[Yeesha]

You posted this in the wrong board. You should move this post to gambling discussion sub board.

Gambling is part of human nature and has been in existence since human existence. The problem is that gambling isn't for profit but for entertainment. Some people feel that because making profit is involved in gambling, they decided to follow that part. Unknown, to them that the chance of hitting the jackpot is very slim. From my own understanding, 95% or more run at losses in the long run. Gamble for fun and stay healthy.

If gambling doesn't have to do with winning some amount of money, I strongly believe that gamblers will be limited in number. They wouldn't even consider the exciting part of it, talkless of fun and entertainment. Some people must have been gambling for some years now, and couldn't yield any positive or great results from it. Is not always about profits, and besides, gambling doesn't guarantee anything. Being yourself and being healthy is greater than every single thing in this world, including money. And that's why it is actually very important to prioritise our health over everything, because health is expensive. Why will you involve yourself in something that is capable of destroying your life if care is not taken.

[samadam007]

The thing about gambling is that it can change your life for better and at the same time, it can ruin you completely. Your gambling habit is what will determine what fate will befall you; whether you will be among the few people that made it with gambling or among the majority that got wrecked.

The reason why it is very easy to get addicted to it is because many gamblers are always hopeful and refuse to slow down or quit, even if they’ve been losing back to back. They have this belief that a bigger win will come their way and cover all the past losses. It is that belief that fuels the addiction. As long as stories of people making millions from gambling is all over the news, it will be difficult for current gamblers to stop. Infact, more new people will continue going into gambling. Even in countries where is it banned, the desperate citizens still look for a way to bypass it so they can gamble. It can’t be stopped lol.

[Sobz]

~Snip

Gambling is very different from businesses if we are to discuss about losses. I am not expecting any losses in my business, although it can happen at times but not frequent like how it is in gambling  and the loss should be very minimal and little. Unlike in gambling, I am expecting losses. That is how I see my business and gambling. I spend more money on business and expect more returns, unlike gambling which I do for entertainment and nothing more than entertainment.

I understand you. You may not lose in business because you have understood the business very well. There are people who thinks of gokng into business because they feel the business is profitable and they go in and lose so much, and i think this may seems like a gambling because they are just trying to make profit by all means with what they dont understand. Same thing in gambling,  if you gamble with the amount that you can afford to lose, stick to your limit and never chase profit and even if you lose it wont be consider as lose because it is an amount that you can easily let go. What I'm trying to say if you understand gambling even if you lose your games it will never make you go bankrupt.

[Z_MBFM]

Gambling is now very easy to access, it is a big advantage, so the number of gamblers is increasing day by day, especially those with low incomes are gambling more. They are earning less, which is making it difficult for their families to run, but they can earn extra money by gambling, gambling is easy money, gambling is easy to become rich, such thoughts are making people serious about gambling and they are losing their hard-earned money there in the hope of some extra income. After losing, they are unable to accept it, they are gambling again in the hope of recovering the loss. The fact that online gambling is easily accessible is really making people more addicted and losing their hard earned money.

[Bd officer]

Everyone knows that gambling is not new, it is very old. People have gambled in the past but there were no online devices then, I think there were not so many gamblers in the past.

Personally, if it was not possible to bet on gambling through online devices, I don't think I would have ever gambled.

Anyway, I don't see anything called success in gambling. I heard that a relative of mine earns $4000 dollars in one month but loses $5000 the next month, so where is the success here?
I am in the same situation as you. If we calculate the profit and loss, the result will be more loss. I give the same advice in real life or on online platforms that gambling cannot be a source of income. If gambling was a source of income, people would not work hard day and night to do jobs or businesses.