Ambivalent attitude to gambling - page 4.

serjent05

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Quote from: so98nn on June 16, 2023, 03:59:54 PM

Quote

Attitude to the casino games

This is true in so many senses. I never understood the concept of simple lotteries, they are printed somewhere and they expect us to believe that they have published the winning ticket in the market. There was a time when companies just looted peeps for money. Everyone started buying the tickets and no one used to be a winner but only a few who supposedly were the company peeps. This is horrifying and can not be trusted just like that.

This is one reason why the government handles huge lotteries and they even banned employee relatives to a certain degree in order for the lottery to be executed without prejudice. Even though the government oversee this kind of event, I still think there are times where the result is fixed or rigged.

Quote from: so98nn on June 16, 2023, 03:59:54 PM

In the case of the casino games it's straight with the volatility factor playing against us. Either casino wins all, the gamer wins all, both win equally or the cycle goes on multi-directional based on the algorithm that is in play. I am sure everyone can also see the "seed" that is played and verify the entire game session or every roll that was made in it. That's why it is far safer bet for every one of us rather than printed lotteries. That has worst odds anyways.

Yeah, the good thing with crypto gambling is that we can verify the provability fair of the game through the game hashes produced every roll.

so98nn

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Quote

Attitude to the casino games

This is true in so many senses. I never understood the concept of simple lotteries, they are printed somewhere and they expect us to believe that they have published the winning ticket in the market. There was a time when companies just looted peeps for money. Everyone started buying the tickets and no one used to be a winner but only a few who supposedly were the company peeps. This is horrifying and can not be trusted just like that. In the case of the casino games it's straight with the volatility factor playing against us. Either casino wins all, the gamer wins all, both win equally or the cycle goes on multi-directional based on the algorithm that is in play. I am sure everyone can also see the "seed" that is played and verify the entire game session or every roll that was made in it. That's why it is far safer bet for every one of us rather than printed lotteries. That has worst odds anyways.

darkangel11

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Quote from: davis196 on June 16, 2023, 01:59:56 AM

I highly doubt that between 1.6 billion and 4.2 billion people around the world gamble. Those numbers are very far-fetched.
The number of active gamblers should be less than 500 million. The people, who gambled less than 5 times a year cannot be considered gamblers.
Lotteries might be more acceptable than casinos, but that doesn't mean that everyone accepts them. The lotteries are called "a tax for the stupid" for a reason.
OP, it seems that you have copied some generic article about gambling from somewhere. Can you at least post a link to the source of information?

You've answered yourself why the statistics are so high. People who gamble very little, like few times a year are counted as well as those who buy lottery tickets.
I personally know a guy who gambles almost every single day buying lottery tickets and scratchcards.
You may think there's less gamblers around the world, but with the easy access to online gambling people could be doing it while taking a dump. You may not even know that your partner is a gambler because he does it in the toilet.

pawanjain

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Quote from: Bayan_D40 on June 15, 2023, 05:05:21 AM

Reason 2: Social acceptability
Certain entertainment carries a greater degree of social acceptance compared to others. For instance, bingo is commonly regarded as harmless, while roulettes, sports betting, poker, or blackjack often carry negative associations, including addiction and irresponsible behavior.

Many people have a negative attitude to gambling, not even realizing that their passion for bingo is also gambling addiction. This case is interesting because people generally don't classify bingo or lotteries as forms of gambling.

As far as I know, lotteries are considered as gambling and this is why many families in my country doesn't allow their family members to take part in it.
Since they consider it as gambling they are afraid that the individual may get addicted to it.
This is true because lotteries are indeed addictive and my dad also buys lotteries few times despite me telling them not to buy them.
I consider it a waste of hard earned money but he's reluctant and thinks he will win a fortune some day.

Lucasgabd

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Quote from: Pmalek on June 16, 2023, 08:30:49 AM

Quote from: Bayan_D40 on June 15, 2023, 05:05:21 AM

One of the main reasons is the perception of risk. Certain forms of gambling, such as sports betting and casino games, are perceived as high-risk activities that can lead to significant financial losses. On the other hand, lotteries are seen as a relatively low-risk option...

And in reality, it's the other way around. Bingos and lotteries are purely luck-based products. Sports betting, on the other hand, is a combination of luck and skills/knowledge. Your odds of winning are much higher when you bet on sports than when you want to win the lottery. You can make a single bet and profit from it, while in a lottery you need to guess several number sequences to win.

That is correct though sports betting skill component is still much smaller than poker, let’s say.
In a composition of games inside a casino usually there’ll be much more luck games than skill ones.

Not so hard to understand why. Right?

Pmalek

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Quote from: Bayan_D40 on June 15, 2023, 05:05:21 AM

One of the main reasons is the perception of risk. Certain forms of gambling, such as sports betting and casino games, are perceived as high-risk activities that can lead to significant financial losses. On the other hand, lotteries are seen as a relatively low-risk option...

And in reality, it's the other way around. Bingos and lotteries are purely luck-based products. Sports betting, on the other hand, is a combination of luck and skills/knowledge. Your odds of winning are much higher when you bet on sports than when you want to win the lottery. You can make a single bet and profit from it, while in a lottery you need to guess several number sequences to win.

Crypt0Gore

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I doubt if billions of people around the world are into gambling, I will like to use my family for example, only two out of a family that consists of 100s of people do gambling, and that includes me and a cousin.

Many people know how dangerous gambling can be for them, some chooses not to have a taste of it at all, they choose to stay away and they hate gambling to the core.

I know gambling is very risky but how can it be life threatening when all you risk is few bucks you made from your salary or extra income? Start risking 10$ or 30$ to win 100$ or 500$, this will never hurt you, unless you are those greedy idiots that want gambling to be their source of income, then you will deserve what's coming.

Start using amount that wont hurt if you lose it and stop dreaming for a life changing opportunity using gambling, the worst things of life is not too far away from you if you start dreaming great things with gambling.

Viscore

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Quote from: Kakmakr on June 16, 2023, 03:43:38 AM

In my country, Lotteries are used as a Milk cow for the government.... because they milk the operator of the Lottery for bribes (to get the license) and also to force them to sponsor community projects. They also get a huge tax boost from the operator and also the people winning these draws.

I think gambling is accepted, because the governments of this world gets something from it..so as long as bribes are paid and tax are collected.. gambling will be approved. (This is why some countries do not allow foreign operators) Tongue

In our country, the government operates the lottery, so they don't need to rely on operators to generate revenue. While this approach may seem beneficial as the funds generated can be used for public projects, it also indicates that the government is actively promoting gambling to the people. It is widely known that gambling can contribute to the financial struggles of individuals, especially those who are already disadvantaged, and the lottery often attracts a predominantly low-income audience.

Bayan_D40

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Quote from: Slow death on June 15, 2023, 12:22:35 PM

It is a great fact that gambling is not the main factor of people's unhappiness as in some countries the governments make it seem, but it must also be admitted that gambling is easily addictive because of its nature which is possible with very lucky to earn a lot of money putting little money, as on the internet, on tv and even in the real world people have heard stories of people who bought lottery tickets and won millions of US dollars, makes this type of stories a form of motivation for many people, although in my opinion it shouldn't be like that

but it is a fact that alcoholic beverages, which are in large quantities anywhere, are one of the biggest problems that have created many people addicted to alcoholic beverages, but like many breweries, the owners are people linked to governments, so there is no mention of this danger of alcohol, but as in the case of online gambling, there are no government people connected to online casinos, so governments take tough measures against online casinos, that is, laws work for some and not for others, so society creates a bad image about gambling and especially when they are online

In countries where gambling is legal, are there fewer opponents of such entertainment?

Do you think if it were legal in most countries, like alcohol, people would treat gambling more positively?

lionheart78

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Quote from: Fortify on June 15, 2023, 01:19:53 PM

Quote from: Bayan_D40 on June 15, 2023, 05:05:21 AM

Gambling has been a widespread form of entertainment for centuries. I Googled how many people gamble and on the first site they write that about 1.6 billion people around the world gamble. And this is almost 20% of the world's population.

What do you think? Why is there such a different attitude to gambling products and will it ever change?

It feels like gambling has become much more normalized in recent years and accessibility has improved greatly as well. However the numbers quoted seem a bit high, it's possible that around 20% of the world's population might gamble each year if you include fairly benign activities like the lottery, but 4+ billion seems highly inaccurate.

The improvement of mobile phone and the internet are the one that enable the gambling industry to amass a huge audience of gamblers. Since the accessibility to gambling platform become easier and almost instant through online gambling. Aside from that players can now discreetly engage in gambling activities through these gadgets.

Quote from: Fortify on June 15, 2023, 01:19:53 PM

If you look at America, which often has the largest amount of money sloshing around in entertainment activities, they have been increasingly legalizing gambling state by state - as they see the money the Las Vegas and online gambling can bring in taxes.

The US government is wise enough to legalize gambling since it was proven that the gambling industry is one of the possible biggest source of income for the government. Since the income is given, the government just need to amend laws and adjust regulation in order to protect the player and make the contribution of the gambling industry standardized.

Kakmakr

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In my country, Lotteries are used as a Milk cow for the government.... because they milk the operator of the Lottery for bribes (to get the license) and also to force them to sponsor community projects. They also get a huge tax boost from the operator and also the people winning these draws.

I think gambling is accepted, because the governments of this world gets something from it..so as long as bribes are paid and tax are collected.. gambling will be approved. (This is why some countries do not allow foreign operators) Tongue

davis196

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I highly doubt that between 1.6 billion and 4.2 billion people around the world gamble. Those numbers are very far-fetched.
The number of active gamblers should be less than 500 million. The people, who gambled less than 5 times a year cannot be considered gamblers.
Lotteries might be more acceptable than casinos, but that doesn't mean that everyone accepts them. The lotteries are called "a tax for the stupid" for a reason.
OP, it seems that you have copied some generic article about gambling from somewhere. Can you at least post a link to the source of information?

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Quote from: coolcoinz on June 15, 2023, 02:55:10 PM

Quote from: ethereumhunter on June 15, 2023, 07:42:41 AM

It seems that lotteries are not included in gambling because we may experience seeing many people collecting tickets from shopping, collecting points, or others, which can be exchanged for certain prizes depending on the number of their tickets. Even though it falls into the gambling category, the business owner packages it into entertainment with prizes so that it makes people not see it as gambling.

The lottery has now changed into many varieties and forms so people don't think it is a hidden gamble. They keep collecting as many tickets as possible to get their desired prizes. So it depends on the attitude of each person. If they judge the lottery as gambling, they can't buy and leave it. Or if they feel that's okay or not a form of gambling, they can buy the ticket or collect as much of the lottery as possible.

Staking money or items of value for a chance to win a prize is gambling. If you gamble without money, with points, the way children sometimes do at parties, it's not gambling, but you're mixing two different things here.

We have to put a clear line between lotteries where you gamble with something that you get for free like store points given to you when you spend a certain amount of money and real gambling where you buy a ticket with your money that you could've spent elsewhere.

But actually, it's included in gambling, right? Because I feel that getting the prize depends on our luck, while gambling requires luck. The reward will depend on the number on the box or by chance that the person had. So I just feel it is another form of gambling, even though you might not agree if I say it like that. But it's okay.

DoublerHunter

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Quote from: bittraffic on June 15, 2023, 11:31:15 AM

Quote from: Bayan_D40 on June 15, 2023, 05:05:21 AM

Reason 1: Perception of risk
One of the main reasons is the perception of risk. Certain forms of gambling, such as sports betting and casino games, are perceived as high-risk activities that can lead to significant financial losses. On the other hand, lotteries are seen as a relatively low-risk option, perhaps due to the low ticket price and their legality at the government level.

Something is not right from the start. Why are sports betting and casino games even more high risk than lotteries when you don't even have 1% chance of winning on lotteries?
It must be a chance of winning that is to be explained than the price of the ticket when we talk about risk. But it could be because government represents lotteries giving back money to foundations. I think the attitude toward gambling products varies for each person, I think when you grow up in a suburb seeing your father work from 9-5, you would not waste a dime even on a lottery.

^ That is a good question but from what I have understood.
When discussing risk in gambling, it is important to consider both the probability of winning and the potential financial losses. While the chances of winning a lottery jackpot are indeed extremely low, often less than 1%, the allure of lotteries lies in the possibility of a life-changing win. People are drawn to the dream of hitting the jackpot, even if the odds are stacked against them. This perception of a slim chance at a substantial reward can make lotteries seem less risky to some people and while sports betting and casino games typically involve more immediate and frequent outcomes.

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Quote from: Porfirii on June 15, 2023, 06:39:15 AM

Maybe the reason why people don't see bingo (or lotteries) as forms of gambling is that the risk of addiction is perceived also as lower, compared to other games like poker or slots. We make the difference between soft and hard drugs, so I would say that we unconsciously make the same comparison when we think about different games.

You're right that one can also get addicted to bingo or lotteries, but at least it seems that it is not so common. It would be positive if we could see the real numbers.

I saw same people in my last apartment buildings filling several rows of lottery weekly, some playing even with same number, and they couldn't stop as if they would, they were afraid that those numbers woudl finally come, So they'll be playing those numbers their whole life as it's safe to assume that they will never come. Some of them also had a routine to buy scratch tickets on same days.

And one of my girlfriend was working in the bingo. She said that same faces were there constantly. It was a way to past the time and to see friends to them. So i would call that an addiction as they were using money for it the whole time they were in there.

coolcoinz

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Quote from: ethereumhunter on June 15, 2023, 07:42:41 AM

It seems that lotteries are not included in gambling because we may experience seeing many people collecting tickets from shopping, collecting points, or others, which can be exchanged for certain prizes depending on the number of their tickets. Even though it falls into the gambling category, the business owner packages it into entertainment with prizes so that it makes people not see it as gambling.

The lottery has now changed into many varieties and forms so people don't think it is a hidden gamble. They keep collecting as many tickets as possible to get their desired prizes. So it depends on the attitude of each person. If they judge the lottery as gambling, they can't buy and leave it. Or if they feel that's okay or not a form of gambling, they can buy the ticket or collect as much of the lottery as possible.

Staking money or items of value for a chance to win a prize is gambling. If you gamble without money, with points, the way children sometimes do at parties, it's not gambling, but you're mixing two different things here.

As another user pointed out:

Quote from: SmartGold01 on June 15, 2023, 07:31:31 AM

"Gambling is the wagering of something of value on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration, risk, and a prize."

From the above quote, Lotteries and Gambling posses the same qualities,

We have to put a clear line between lotteries where you gamble with something that you get for free like store points given to you when you spend a certain amount of money and real gambling where you buy a ticket with your money that you could've spent elsewhere.

wiss19

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I don't see how a lottery is a low-risk option knowing that it is also totally dependent on your luck and even if the price of tickets is low, buying a low amount of tickets will give you a very small probability of winning a prize which is simply wasting your money, and even if someone buys hundreds of thousands of tickets, and have a very high probability of winning, they might end up not winning the main prize because, at the end of the day, it's all about luck.

So I don't really consider lotteries to be low-risk options, and if we make it a low-risk option by not spending much on it, our chances of winning become almost 0 which doesn't even make any sense, spending $50 on a lottery might not bring you any prize money if you are not lucky while spending the same amount on a slot machine might make you some money if luck is on your side.

Odusko

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Quote from: Agbe on June 15, 2023, 12:06:54 PM

Quote from: QueenVera on June 15, 2023, 06:49:47 AM

My goodness to what essence is this entire episode that I have to read?
Did you get your caption after writing the message? Meh this is so long and there is no way you'll expect .w read all of this just to know the ambivalent attitude to gambling and also your choice of words aren't impressing to me.
I didn't also notice any references to your work except that of the world population count from Gitnux which simply implies that all your writings were typically from your head without any citation.
I will advice that you have a recheck on your work and possibly add some references to it.

I swear to God. The thread is like Novel called, "So Long A Letter", o men the write up is too long. For me, casino games has the highest risk than the sport betting. Sport betting is just a prediction which you just do at once and relax and wait for the outcome of the prediction. But casino games, you have to be there monitoring the game out come. So the risk involve in casino is more than sport betting

Sport betting is easier compared to casino games because everyone can analyze a club just by watching football matches from time to time and making predictions for matches and if luck is on your side the prediction will win, just like the last championship finals that see Manchester city almost clearly winning and one does not need too much analysis to predict the outcome of the final match.

maydna

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Quote from: Fortify on June 15, 2023, 01:19:53 PM

Quote from: Bayan_D40 on June 15, 2023, 05:05:21 AM

Gambling has been a widespread form of entertainment for centuries. I Googled how many people gamble and on the first site they write that about 1.6 billion people around the world gamble. And this is almost 20% of the world's population.

What do you think? Why is there such a different attitude to gambling products and will it ever change?

It feels like gambling has become much more normalized in recent years and accessibility has improved greatly as well. However the numbers quoted seem a bit high, it's possible that around 20% of the world's population might gamble each year if you include fairly benign activities like the lottery, but 4+ billion seems highly inaccurate. If you look at America, which often has the largest amount of money sloshing around in entertainment activities, they have been increasingly legalizing gambling state by state - as they see the money the Las Vegas and online gambling can bring in taxes.

Online gambling has increased significantly since yesterday's pandemic and has made offline gambling decline due to lockdowns in many countries. This makes people switch to using online casinos and makes them more comfortable playing gambling. And fortunately, online gambling provides a lot of gambling games, including the lottery, which can attract the interest of many people. And after the pandemic ended and many offline casinos reopened, people have become even more comfortable playing gambling because they have many casino choices. But I think the number given by @OP may not be accurate because there may still be some that haven't been carefully calculated.

Fortify

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Quote from: Bayan_D40 on June 15, 2023, 05:05:21 AM

Gambling has been a widespread form of entertainment for centuries. I Googled how many people gamble and on the first site they write that about 1.6 billion people around the world gamble. And this is almost 20% of the world's population.

What do you think? Why is there such a different attitude to gambling products and will it ever change?

It feels like gambling has become much more normalized in recent years and accessibility has improved greatly as well. However the numbers quoted seem a bit high, it's possible that around 20% of the world's population might gamble each year if you include fairly benign activities like the lottery, but 4+ billion seems highly inaccurate. If you look at America, which often has the largest amount of money sloshing around in entertainment activities, they have been increasingly legalizing gambling state by state - as they see the money the Las Vegas and online gambling can bring in taxes.

Topic: Ambivalent attitude to gambling - page 4. (Read 686 times)