If gambling was about luck, then I wouldn't be so brave, risking an amount of money that I couldn't afford to lose. Because everyone has different luck. and if this gambling is talking about a strategy, then I mention that there is no single strategy that can give me a guarantee that I will win that amount. I will only bet, on the amount that I am prepared to lose. 50 USD, for me it is quite a large amount of money, if I have to dedicate it to gambling. I'd better spend the money on more important things.
Gambling needs more luck and less strategy, that is what we know. But in the case of winning $42 million is a $50 spin, that guy is really lucky that time.
This would really attract gamblers and think that they can be soon an instant millionaire in gambling if they will continue --overspending will happen. This will eventually happen for the gamblers who never realize that gambling is based more on luck and the chances are very slim. Even though $50 is just a small amount but if we keep doing this every day, that even costs more than the amount we could win, unless our luck comes too fast.
And from some of the gambling that I have done, I feel that I feel unlucky when gambling. Remembering that I have lost more often than I have won. And indeed, if I am too ambitious in pursuing a win, then it is the same thing as continuing to deepen the losses I experience, which even though the nominal deposit each time I play is relatively small, but if it is accumulated, then the amount of money I spend will probably be very large. big.
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It just that in this context, I sure those who bet there are rich people with lots of money and of course they can follow suit because even though they spend large amounts of money, the jackpot they get is also very large.
But from your presentation there is an interesting important point regarding the budget that can be received when you lose.
That is wise thinking and of course applying it can help us avoid situation where trying to recover from losses, we know that gambling is full of losses and to force our abilities will only increase these losses.
More precisely, rich people have more courage. Because maybe everyone will also think repeatedly about whether they have to spend large amounts of money on things that are uncertain.
And indeed, if we don't have enough doubts about the gambling we are doing, then it would be better for us to withdraw from the gambling, rather than it all ending in regret. Gambling is quite a detrimental activity, especially if it is not played wisely. In the end, we will not only lose financially, but will lose in every way.