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Topic: Casino can play a role in changing fortune? (Read 1599 times)

legendary
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August 18, 2022, 05:45:14 AM
That's a really interesting story.
I don't think that being successful at gambling (for once) can make a person successful in his job or life.
This guy (Smith) regained his confidence by winning money in a casino and this helped him return his motivation and ambitions.
He could've regained his confidence and motivation without playing in a casino, but the casino somewhat helped him in creating a false sense of being fortunate. That was more like a placebo effect. Many people would've failed completely.
The courier business has big potential, even though fuel prices were temporarily high. Companies like FedEx were destined to become big, because that particular niche had huge potential. Consistency in business and not giving up in times of crisis has always been the key to success.

It's a good read and very inspiring. Like what was mentioned in the article, it's not the million dollar that matters but what you can do with it that matters. I agree that money is just a tool and if we use it wisely, it can help us achieve our goals.

I think it's important to have a financial plan and set realistic goals for yourself, but I also think that it's equally important not to define yourself by your wealth. It's easy to get caught up in the material things and lose sight of what really matters: good health, family and friends, and having a positive impact on the world. It's important to keep in mind that money isn't everything, but it sure does help. It's also important not to be a slave to your money and not let it control you. If you're an entrepreneur, then make sure that your business doesn't consume all of your time and energy because this will prevent you from living the life you want.
hero member
Activity: 3150
Merit: 937
That's a really interesting story.
I don't think that being successful at gambling (for once) can make a person successful in his job or life.
This guy (Smith) regained his confidence by winning money in a casino and this helped him return his motivation and ambitions.
He could've regained his confidence and motivation without playing in a casino, but the casino somewhat helped him in creating a false sense of being fortunate. That was more like a placebo effect. Many people would've failed completely.
The courier business has big potential, even though fuel prices were temporarily high. Companies like FedEx were destined to become big, because that particular niche had huge potential. Consistency in business and not giving up in times of crisis has always been the key to success.

hero member
Activity: 2912
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It is this greed that distinguishes every experienced gambler and gambler who only gambles without thinking about the risks that will occur. It is difficult to control emotions when gambling continues to lose without luck and vice versa. Those who can determine where to stop will have enough experience to control the money that goes into gambling.
Remember that every casino's system is different, it's also a matter of luck or not, the casino system always favors the bookie.
But even if the gambler is experienced, they will still have the potential to lose control of their emotions. They can follow what other gamblers are doing and will end up losing continuously. It had happened many times and many of them had suffered that defeat. It's hard to control emotions, but we must keep trying if we don't want to lose more money. Casino systems may be different, but we have to be able to take care of ourselves and know when to stop.

There is a huge chance for a gambler on a winning streak to get greedy but if he is disciplined enough and keeps on the planned activity, he can avoid being greedy.  Though I agree that most of the time gamblers that has no dedicated plan for gambling often got hooked on the winnings and get greedy until they lost everything.  But OP's story is different, the person in the story managed to stop and get away with the winning with motivation in hand which solves the problem of his company later.
That's right. By having good discipline, we can control our greed so it doesn't tell us to keep gambling. We can control greed as long as we always remember that the next round doesn't always give us a win. Many of us don't have a specific plan but as long as we can control ourselves and prevent emotions or greed from getting too big, we won't lose much money. @OP's story should motivate us to stop and get away with a win so we can enjoy the winning money.

Yes, most of the gamblers who experienced a good win will continue to come back and try to win more, but chances is not the same
one day they will be busted and all those wins that they've gained will return to the house. Sad true, but without good control
of your greed, it will end up nothing.
That is the temptation of gambling that will continue to call us to always play after getting that win and make us place bets again. But if we have good self-control, it will not happen to us and even we can resist it by stopping when the winning money is in our hands. We can prevent greed from becoming big because with self-control, we will always be aware that gambling is only entertainment and nothing more.

Experienced gamblers who have this kind of mentality are the ones who can quit with a decent amount of money. They will also be back
but still have good judgement and know when to quit when they already reached their targets.
Maybe that's the difference between experienced and inexperienced gamblers because they will have some kind of feeling that can help them decide when to stop. Maybe reaching the target will seem difficult but with the help of the feeling earlier, they will know that at this time, it is not easy to reach the target so they will prefer to stop for a while.
legendary
Activity: 1918
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There is a huge chance for a gambler on a winning streak to get greedy but if he is disciplined enough and keeps on the planned activity, he can avoid being greedy.  Though I agree that most of the time gamblers that has no dedicated plan for gambling often got hooked on the winnings and get greedy until they lost everything.  But OP's story is different, the person in the story managed to stop and get away with the winning with motivation in hand which solves the problem of his company later.

What happens here is that it is a circumstantial and very specific fact that we want to generalize, the fact that he won money in bets and used it for his company, is random and he should not subscribe to the fact that he was able to growt his company for that reason.

Possible results:
  • The company was successful and has maintained that throughout the years.
  • The company was founded with those funds, it worked well for a while but it disappeared, something normal.
  • The company was founded had a success, very short.
  • The company was founded, but did not reach the objectives, failure.

The above has nothing to do at all with the fact of getting that money and the consequent success, since the money for company could come from different options.

In other words, the OP's context and the question in the title of this post are like "bipolar".

Casino can play a role in changing fortune? Yes.
OP's context. No, not necessarily, do business, ventures, etc. and winning a millionaire prize do not go together as you might think.
sr. member
Activity: 2254
Merit: 258
Gamblers who can win multiple times or large sums of money will become greedy because they will see that the opportunity to get more money has come and will have to use it to win again. But some gamblers can control themselves and know that their time has come to a stop and they obey it because they know that victory is not always on their side. As long as they can control their emotions, they will be able to master gambling and will not become greedy because they know that gambling is entertainment that can cause two things: winning and losing.

There is a huge chance for a gambler on a winning streak to get greedy but if he is disciplined enough and keeps on the planned activity, he can avoid being greedy.  Though I agree that most of the time gamblers that has no dedicated plan for gambling often got hooked on the winnings and get greedy until they lost everything.  But OP's story is different, the person in the story managed to stop and get away with the winning with motivation in hand which solves the problem of his company later.

It is very difficult to stay calm when you are winning,yesterday I was playing a slot machine and I was just playing little money and didn't expect a big win but the slot machine kept giving me big wins on regular basis,I got from 69 dollars to 1200 but only withdrew 500 in the end because I thought to myself why not risk 700 dollars by playing with a higher bet and hopefully to hit the maximum pay line.I didn't and lost them really soon but I ended up with a 400 dollar profit in the end.I could not stop at 1200 because I thought why not go for that big prize and that is what hit most gamblers.

The adrenaline rush is playing all over you and its hard to stop, but that is good that you set aside a portion of your winning that's the best idea, thinking ahead and looking at the worst scenario, we want to strike while the iron is hot and we always think that someday we will regain all our losses, but unfortunately, it's very rare to regain it in one session and pushing your luck will get you on another losing streak, we all want to hit the big jackpot but always consider how far you can go and your risk behavior, some risks are not worth taking.
sr. member
Activity: 2226
Merit: 347

Probably a small number of people can boast of being able to walk away from a casino with winning, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.

Not everyone could boast about their winnings because, to be honest, most of us walk away from gambling because we don't have any capital to use since we've already lost everything we had. There will only be a few people who can succeed and reach their target goals in gambling because, to be honest, gambling is a game of luck and it is not strategic.
I think you have to rethink again of what you're saying because there's a game that goes with strategy only to win and luck is just a bonus if you have it. Just try the poker and see what the professional gamblers do when they have a bad card I've seen some of them flip the game just by bluffing and it goes to different games too because skills and strategy is what makes you win plus your will to win and that's matter.
Strategic type of games does need strategy and not luck alone and thats the main difference when you do deal up with those games which it would be just common sense on what would be mainly needed
and not just luck alone unlike when dealing with casino type of games which do only require luck for you to win up the game. Casinos are just giving off and provide games where people could play
and they would need up to deposit and play right away and there's no way that casino could play a role on changing up fortune because everything works on RNG for luck based
games and skills for skill based ones.
sr. member
Activity: 2506
Merit: 368

Probably a small number of people can boast of being able to walk away from a casino with winning, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.

Not everyone could boast about their winnings because, to be honest, most of us walk away from gambling because we don't have any capital to use since we've already lost everything we had. There will only be a few people who can succeed and reach their target goals in gambling because, to be honest, gambling is a game of luck and it is not strategic.
I think you have to rethink again of what you're saying because there's a game that goes with strategy only to win and luck is just a bonus if you have it. Just try the poker and see what the professional gamblers do when they have a bad card I've seen some of them flip the game just by bluffing and it goes to different games too because skills and strategy is what makes you win plus your will to win and that's matter.
legendary
Activity: 2688
Merit: 1192
Many of us who play casinos, suffer more or less. Many are blaming it again that it is a money-losing machine. In this regard I would like to share a success history by playing casino game. It is only for knowing the truth especially those are don't know the fact.

Many of us may know the name of an international courier service known as FedEx. This courier service company headquarter is in Tennessee, USA. FedEx currently distributes about 1.2 billion parcels a year in 220 countries with an annual revenue of about 3 billion. Smith, founder of FedEx, started his business with 84 million us dollar. At that time he started operations in 35 countries with 8 planes. But at one stage, the price of plane fuel increased and that contemporary time courier service did not become very popular. His company is on the verge of bankruptcy. Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

What this story is really missing is where this person earned their money - if they were around for a whole week then chances are they might have been grinding it at a very skilled game which can be just as reliable as going to a job. People assume from the way you describe it, he was betting on slot machines or trying his luck at the roulette table but that's unlikely to be the case. It's possible he won the money from one of these zero skill games, but for every person that does walk out with a hansom amount of money like that - plenty more will walk out with empty pockets and even worse, hit a nice jackpot amount yet pour all the money straight back in.
legendary
Activity: 3318
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Gamblers who can win multiple times or large sums of money will become greedy because they will see that the opportunity to get more money has come and will have to use it to win again. But some gamblers can control themselves and know that their time has come to a stop and they obey it because they know that victory is not always on their side. As long as they can control their emotions, they will be able to master gambling and will not become greedy because they know that gambling is entertainment that can cause two things: winning and losing.

There is a huge chance for a gambler on a winning streak to get greedy but if he is disciplined enough and keeps on the planned activity, he can avoid being greedy.  Though I agree that most of the time gamblers that has no dedicated plan for gambling often got hooked on the winnings and get greedy until they lost everything.  But OP's story is different, the person in the story managed to stop and get away with the winning with motivation in hand which solves the problem of his company later.

It is very difficult to stay calm when you are winning,yesterday I was playing a slot machine and I was just playing little money and didn't expect a big win but the slot machine kept giving me big wins on regular basis,I got from 69 dollars to 1200 but only withdrew 500 in the end because I thought to myself why not risk 700 dollars by playing with a higher bet and hopefully to hit the maximum pay line.I didn't and lost them really soon but I ended up with a 400 dollar profit in the end.I could not stop at 1200 because I thought why not go for that big prize and that is what hit most gamblers.
hero member
Activity: 2044
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Probably a small number of people can boast of being able to walk away from a casino with a winnings, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.
From 5000$ to 17,000$ I consider an impressive achievement already. It's not everyday gamblers manage to grow their bankroll above x3 with success. In unlucky days it's not possible to make a slight 5%-10% profit due to constant losses. Therefore gamblers shouldn't neglect x3 winnings. It's the perfect time to stop and to use this money smartly, growing it through another methods without involving gambling anymore until they have increased their income, so they can continue using part of it for gambling activity as hobby, but keeping in mind the lightning is unlikely to strike twice!
legendary
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Probably a small number of people can boast of being able to walk away from a casino with a winnings, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.
Those who earned million by just using few dollars are very rare for sure and they are very skilled because of how the result of their gamble turned out. For me winning 100x from the starting capital is big enough and I can consider it as a big win but doing 10000x from your current amount is outrageous and I'm imagining to be nerve racking because it can turn out to be a disappointment if bad things happened. It certainly need good amount of luck, skills and experience to achieve those kind of winnings.
hero member
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Probably a small number of people can boast of being able to walk away from a casino with a winnings, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.
Winning small amount of money in gambling should not be compared to other large winnings because it takes a bigger risks and large fund to win big earnings. For those gamblers we know now that are having big winning in gambling is as a result of the built confidence and experience so far. This is worth could trigger us to take bigger risk to gamble since we have enough fund to back ourselves up if in case any thing happens. Gambling is luck also and for those who had been taking risks, one day there luck might shine.
full member
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Probably a small number of people can boast of being able to walk away from a casino with winning, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.

Not everyone could boast about their winnings because, to be honest, most of us walk away from gambling because we don't have any capital to use since we've already lost everything we had. There will only be a few people who can succeed and reach their target goals in gambling because, to be honest, gambling is a game of luck and it is not strategic.
sr. member
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Wow, I never knew this was the story behind FedEx. This is quite interesting. Although not everyone has such a good luck especially in these kind of situations luck really favored Smith.
Also, it was his smartness at that moment that he decided to stop gambling more after winning $27000. May be he could have lost it all if he would have gambled more.
He made the right decision to invest that amount into his company and the growth he is seeing in his business these days is due to his smart work. He deserves it.
That's true that luck are sometimes hard to attract or find when you badly need a money and then you gamble your last money, usually you can only lose but not for this guy. Despite knowing that the 27k was still not enough to get the business running properly he still discontinued gambling and invest the money on his losing company.

Luckily he overcome its issue that time, making the company running smoothly again. If those winning moment happen to other normal gamblers I think they will get overwhelmed and forgot their true purpose on why they gamble and want to earn some money but they will continue till their wins turns into a loss.

That's exactly where most of the gamblers tend to make a mistake. They don't quit while they are in profits.
They keep playing and eventually lose. If at all most of them start to quit when they are in profits then casinos will turn out to make losses instead.

Yes, gambling will make us have a high curiosity which is actually a trap, I mean many gamblers don't think when getting a win is luck and instead turn luck into defeat and even lose everything.
when we get a win that's where the real luck and the action that must be taken is to stop when we get a victory, in order to get a complete victory. But most of them continue to play out of curiosity and hope to keep on winning which is actually greed that will cost them.
legendary
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Gamblers who can win multiple times or large sums of money will become greedy because they will see that the opportunity to get more money has come and will have to use it to win again.

Yes, most of the gamblers who experienced a good win will continue to come back and try to win more, but chances is not the same
one day they will be busted and all those wins that they've gained will return to the house. Sad true, but without good control
of your greed, it will end up nothing.

Quote
But some gamblers can control themselves and know that their time has come to a stop and they obey it because they know that victory is not always on their side.

Experienced gamblers who have this kind of mentality are the ones who can quit with a decent amount of money. They will also be back
but still have good judgement and know when to quit when they already reached their targets.

Quote
As long as they can control their emotions, they will be able to master gambling and will not become greedy because they know that gambling is entertainment that can cause two things: winning and losing.

This is true, gambler who know how to handle their emotions can continue enjoying while earning from these activities.
hero member
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Probably a small number of people can boast of being able to walk away from a casino with a winnings, and there are many more stories of failure. Risking your last remaining money is not a smart thing to do. I don't think such people have any strategy or plan of action for sure. It's just a huge success that happens very rarely, maybe even once in a lifetime.
True, it doesn't usually happen. It is totally on luck. However, it is not unusual to win small amounts of money here. As happened to Smith. But he gambled with $5,000 for about a week and won $17,000. This amount is not very high in gambling where many people have records of winning millions of dollars with keeping very few dollars.
hero member
Activity: 2282
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Nowadays, maybe not so much, but in the past, there were a lot more online casinos that weren't provably fair. So, it wasn't just the house's advantage but there's always the chance that casino could screw you out of a good hand if they wanted to. And no one would ever be the wiser about it. You wouldn't know if they were doing something that would tip the odds in their favor.
We will never know what happens behind the scenes but we will definitely lose for anything that will bet on gambling but not for consecutive/instant losses, I am not directing you to assume "manipulation" or "cheated" due to the fact that I do not dissect the source of gambling games and cannot measure the chances of winning in each bet. But every game update, the team will update/improve the game source and hope the team is committed to fair play for gamblers.
hero member
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Wow, I never knew this was the story behind FedEx. This is quite interesting. Although not everyone has such a good luck especially in these kind of situations luck really favored Smith.
Also, it was his smartness at that moment that he decided to stop gambling more after winning $27000. May be he could have lost it all if he would have gambled more.
He made the right decision to invest that amount into his company and the growth he is seeing in his business these days is due to his smart work. He deserves it.
That's true that luck are sometimes hard to attract or find when you badly need a money and then you gamble your last money, usually you can only lose but not for this guy. Despite knowing that the 27k was still not enough to get the business running properly he still discontinued gambling and invest the money on his losing company.

Luckily he overcome its issue that time, making the company running smoothly again. If those winning moment happen to other normal gamblers I think they will get overwhelmed and forgot their true purpose on why they gamble and want to earn some money but they will continue till their wins turns into a loss.

That's exactly where most of the gamblers tend to make a mistake. They don't quit while they are in profits.
They keep playing and eventually lose. If at all most of them start to quit when they are in profits then casinos will turn out to make losses instead.
legendary
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I don't think casinos are deliberately manipulating things on their platform, or they're doing it whenever they feel like it. The house edge is implemented so as to give an advantage to the casino over the players in the long run.

Nowadays, maybe not so much, but in the past, there were a lot more online casinos that weren't provably fair. So, it wasn't just the house's advantage but there's always the chance that casino could screw you out of a good hand if they wanted to. And no one would ever be the wiser about it. You wouldn't know if they were doing something that would tip the odds in their favor.
legendary
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Even experienced gamblers fall victim to this greed factor. Controlling emotions and greed is far from having experience it is a game of discipline and contentment. Winning multiple times or large sum of money comes with so much luring feelings and thoughts and can even boast confidence to a point the gambler feels they can comfortably beat the house until they have lost everything.

Winning many times is the same as getting all the luck at the beginning. this was a trap that would take everything he had. Gamblers who already feel they are always lucky and win will go bankrupt in the end, because they have given up control of their gambling management. and now gambling is easier to do, you just need to lie down and hold your smartphone and choose what gambling game to play.

The accessibility that we now have to casinos and other such platforms that people have nowadays is helpful and also scary at times. It is way easier to lose your money on casinos nowadays and easier to get addicted. Control and moderation is the key, and it is hard to do especially if you don't have any other things to do most of the time.

back again to the topic of discussion in this thread, namely the casino will play a role in changing luck because they have a system that they can manipulate, so that what really benefits is the casino owner, we as gambling players will only accept defeat in the end.

I don't think casinos are deliberately manipulating things on their platform, or they're doing it whenever they feel like it. The house edge is implemented so as to give an advantage to the casino over the players in the long run. Not that they can't change that whenever they feel like, but if they did then they will be subject to scrutiny and may even lose players because of it. Some of the games they have are designed to give out jackpot at a certain amount of games played (slot machines) and in a way, it is manipulation but again, they do not control these things whenever they want to.
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