Casino can play a role in changing fortune? - page 8.

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This testimony sounds like fiction and well compose, I hope it is true because I'm just thinking about how he went to Casino for the first time if he had not been playing before, it is possible that the dude was already a pro on his game and luckily, he uses that as a medium to get back on his job.
He also made a good ending by not playing again with the $25k, that is the mistake that most gamblers do, as soon as they win big, they are always tempted to play more but I like him that he preserves his greed.

Quote from: Questat on July 06, 2022, 12:52:38 AM

I'm not impressed with how he won in the casino but I'm impressed with how he handle his business in order for it to grow and become a multi billion dollar business. Going to the casino depressed is not a good idea, he is just lucky enough but that was $5k turn into $27k in a week, not a major success though.

Sometimes in life, we need to appreciate little wins, the small change you see as a little win may be another person's treasure and besides, the money was a catalyst to his business shelf, it is like a big win for him.

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Quote from: Questat on July 06, 2022, 12:52:38 AM

I'm not impressed with how he won in the casino but I'm impressed with how he handle his business in order for it to grow and become a multi billion dollar business. Going to the casino depressed is not a good idea, he is just lucky enough but that was $5k turn into $27k in a week, not a major success though.

I agree. Smith was only lucky that he won. But that was not a good thing to do both as a depressed man and as somebody whose company is about to go bankrupt. It is always a reminder not to gamble when one is feeling down, angry, depressed, ecstatic, etc. On the other hand it is also not responsible to waste money when your company itself is on the verge of bankruptcy.

This story shouldn't be viewed as an encouragement for people, for them to treat gambling as a way out. Gambling is never that.

iv4n

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I think there's a conclusion... when you win some money in the casino turn around and walk away! Try to do something else with that money, don't just give it back!

Quote from: GigaBit on July 05, 2022, 02:25:14 AM

Many of us who play casinos, suffer more or less.

Most of us didn't learn to stop on time, while we are ahead! I guess that's a big problem for many of us...

Questat

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I'm not impressed with how he won in the casino but I'm impressed with how he handle his business in order for it to grow and become a multi billion dollar business. Going to the casino depressed is not a good idea, he is just lucky enough but that was $5k turn into $27k in a week, not a major success though.

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Quote from: GigaBit on July 05, 2022, 02:25:14 AM

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.

Gambling actually , it is not only about casino because there are many gambling that can be performed not only in casino sites but even in local gambling places.

and changing fortune ? nope fortune can be there all the time depend on how we perform our life and not just in gambling or in anything.

Quote from: rahmad2nd on July 06, 2022, 12:11:11 AM

Talking about luck, of course, we here have also had luck from the casino and it was useful for business or something like what Smith did, although not as successful as he was, but I agree that casinos can change someone's luck.

Luck or not still gambling is for those who knows how to lessen our desire and not for keep seeking for winning.

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smith's success is solely due to the efforts he puts into the business he is managing even though he won $27000 this I think he is lucky to get some extra money from the casino but it can't be a benchmark for smith's luck and success.
Talking about luck, of course, we here have also had luck from the casino and it was useful for business or something like what Smith did, although not as successful as he was, but I agree that casinos can change someone's luck.

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Quote from: adzino on July 05, 2022, 10:12:22 PM

Quote from: GigaBit on July 05, 2022, 02:25:14 AM

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.

Not sure if you narrated the whole story accurately or not. I mean he had "84 million US dollar" and started his business with that. He went almost bankrupt, but saved his company by investing those $27,000 USD he won from gambling? How can only $27,000 save someone from bankruptcy?

At that time the company was not completely shut down. Maybe he went ahead with a new strategy after getting $27,000 which was very much effective. Besides, he couldn't do everything with in a moment. He achieved success in 1976.

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I'm familiar with this story, read it years ago.

I think this is no difference from taking a loan and refinance your business (not sure why he didn't think this way), but he instead choose to take the risk and it paid off.

So that's the moral lesson, if you're willing to take that huge gamble and your future then you can go to a casino. But I guess this is just an exception and I think we will not hear anything from him and maybe his business will have to take a U-turn if he losses everything.

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a lot of good story which change the life of a poor person to living a high life and there are also people living a high life to a homeless. just to balance the role. not everyone gets lucky in casino don't put all your hopes to casinos to give you riches. if Smith wasn't lucky that time, we wouldn't see Fedex delivering packages today.

Quote from: adzino on July 05, 2022, 10:12:22 PM

Quote from: GigaBit on July 05, 2022, 02:25:14 AM

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.

Not sure if you narrated the whole story accurately or not. I mean he had "84 million US dollar" and started his business with that. He went almost bankrupt, but saved his company by investing those $27,000 USD he won from gambling? How can only $27,000 save someone from bankruptcy? Are you sure it wasn't something like $2.7 million USD?
Anyway, he was just lucky. Not everyone gets lucky. Most of them are "unlucky" and loses almost everything they gamble with!

$27000 is already big during that time but it seem too small to run a company that serves more than 20 countries. maybe its more than this amount.

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Quote from: adzino on July 05, 2022, 10:12:22 PM

Not sure if you narrated the whole story accurately or not. I mean he had "84 million US dollar" and started his business with that. He went almost bankrupt, but saved his company by investing those $27,000 USD he won from gambling? How can only $27,000 save someone from bankruptcy? Are you sure it wasn't something like $2.7 million USD?
Anyway, he was just lucky. Not everyone gets lucky. Most of them are "unlucky" and loses almost everything they gamble with!

Actually he didn't save his company with 27,000$ profit from blackjack, but it was enough to change his mood for the better (since he was depressed), so he could continue fighting for the recovery and success of his business, with a new perspective from that moment on:

Quote

"The $27,000 wasn't decisive, but it was an omen that things would get better," Smith said about the gamble, according to Entrepreneur.

How Fred Smith rescued FedEx from bankruptcy by playing blackjack in Las Vegas

Despite being considered a negative activity and a cause for depression, it's interesting how gambling can be also a tool to help despaired men who have lost their hopes to regain their confidence and morale to continue thriving. Of course it's not an isolated case, as many other gamblers have been in similar situations, that is, in profitable positions inside the game for a while. What makes the difference, though, is that some know when to stop, while others are never satisfied with the currently profit achieved.

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Quote from: GigaBit on July 05, 2022, 02:25:14 AM

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.

Not sure if you narrated the whole story accurately or not. I mean he had "84 million US dollar" and started his business with that. He went almost bankrupt, but saved his company by investing those $27,000 USD he won from gambling? How can only $27,000 save someone from bankruptcy? Are you sure it wasn't something like $2.7 million USD?
Anyway, he was just lucky. Not everyone gets lucky. Most of them are "unlucky" and loses almost everything they gamble with!

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This is a great story. But this is one unique story in a million of other gambling stories. Sure, there are success gambling stories. Certainly, a number of gamblers had their lives changed for the better because of gambling. But, lest we forget, these are more exceptions rather than the rule. You go into gambling, you will more likely lose than win. That is the rule. You spend money on gambling, you are burning it rather than gain from it. That's the rule.

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Quote from: GigaBit on July 05, 2022, 02:25:14 AM

[...]

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.

Yes, success stories really exist, I don't think anyone ever questioned that.
But something that was not clear in his account is: Was Smith a professional player and did he rely on his skills to win or did he just rely on luck?
But regardless of this answer, statistics and facts prove that it is much easier to lose money than to win, and this should be clear in everyone's mind when betting, and know that they must set a limit.
Smith walked into the casino with $5000 knowing that this was his limit, and I believe this amount would not be missed by anyone who owns FedEx.

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I think there are very few lucky people who get this kind of benefit. Especially through casino games. I heard a long time ago that someone got the jackpot. So I didn't know the story anyway. In the real sense, when someone has this kind of success, it gives them a different kind of satisfaction that comes which is difficult to express in words. I myself have never won a lottery or a jackpot but I am happy to see the other one. Over all Smith is a lucky man who has established himself as well as his business by Diligence and the help of Casino.

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This reminds me of the story about a guy that went to the casino and gambled everything he had.

Anyway, the interesting part for me is the $27,000 that he won from the casino was more than enough to keep the company going. It's not the best time to go to a casino and gamble when your company is struggling financially but he's super lucky that it worked, if it went the other way around it'd be devastating.

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Quote from: Hydrogen on July 05, 2022, 07:52:13 PM

I think there definitely is a small sliver of the population who consistently profit from gambling.

Playing poker and sports-betting

These are the games which i do really believe that someone could able to sustain their game and ending up profitable or do even make a living from it.Sounds impossible but it do really happens
and not for everybody considering that gambling is for entertainment.

Based up on what happened on the person stated on OP, then it was just luck and it had been connected and gambling did make some significant contribution on why
he had attained or achieved ways on making some capital for a business.Its situational plus having that luck it is all about.

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Quote from: goinmerry on July 05, 2022, 07:12:12 PM

If you are lucky, then you are lucky. In that story, that person didn't really become addicted to the process but take advantage of his luck.

Instead of pushing more, the money that came from the profit was used wisely.

We all have that luck moment in gambling but in most cases, we are being carried away instead of stopping. There's already a profit but since most people feel lucky, they will push more thinking they will grab more money. But what happened next? We already know that.

There's really a situation where gambling turned people's futures for good. It's just that, we should know when to stop once we reached that moment.

It is certain that some people are lucky in gambling.
But if they don't know when to stop, that fortune will be taken easily away from them.
If you know how to strategize to use the winnings wisely, you can get out from gambling alive.
Alive, meaning, you are on the positive side rather than a losing one.

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I think there definitely is a small sliver of the population who consistently profit from gambling.

Rather than being a suave character smoking a cigar from a movie. They're more likely to be math geeks with spreadsheets and big number crunching algorithms who endlessly pore over game statistics. In a setting and routine most would find tedious and boring.

Over the last 50 years, the quant movement of geeks using math and statistic based logic, have come to dominate asset trading and gambling sectors. Mathematically quantifiable logic has come to surpass gut feelings and intuitive emotional reasoning in ways that can be applied to real world settings to generate consistent results.

Such could represent the most neglected aspect of gambling and investment trading. That there is a side to it which can be learned and taught through practice and training.

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Well, it doesnt change the fact that he got lucky on that day he go to casino. So luck really will cost a fortune in an instant way while he did is all about hardwork and determination after why the company still exist and get profit.

This is the same for sweepstake lottery winner, become 1 day millionaire then become poor if money is managed poorly after or become more rich if did the opposite and work for it.

goinmerry

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If you are lucky, then you are lucky. In that story, that person didn't really become addicted to the process but take advantage of his luck.

Instead of pushing more, the money that came from the profit was used wisely.

We all have that luck moment in gambling but in most cases, we are being carried away instead of stopping. There's already a profit but since most people feel lucky, they will push more thinking they will grab more money. But what happened next? We already know that.

There's really a situation where gambling turned people's futures for good. It's just that, we should know when to stop once we reached that moment.

Topic: Casino can play a role in changing fortune? - page 8. (Read 1565 times)