Casino is a Games of Chance and Entertainment - page 2.

ethereumhunter

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Quote from: Hirose UK on October 26, 2023, 09:29:38 PM

Of course because every business always requires large capital especially in the online casino business which requires marketing, development team or team that runs the casino, plus there are bonuses for promotions which of course will require large amounts of money.
But there are also casino owners who get money from an investor who wants to invest in this business so that the owner does not spend large amounts of money.

Gamblers seem to vary some want to have fun and have the ambition to get rich from gambling.
It just that the most dominant are gamblers who want to get rich from gambling.

Those who gamble to get rich from gambling should change their thinking because this will be difficult to achieve. They should realize that in gambling, one will not win too often, let alone win big so they should not try to chase those wins. Gambling is a game with winners and losers, so we won't know when we win but we can lose at any time.

Casinos will gain big profits from losing gamblers, especially those who cannot control themselves while gambling. That means the casino can get large returns to be used to develop the casino and be even better in the future. And that is why gamblers should not use gambling as a way to make money but only use gambling as entertainment. If gamblers want to make money, they must create their own casino to start making money from gamblers who lose their bets.

JungleCasino

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It's a valid point you’ve made. Casinos are primarily entertainment venues, and most of their games are designed to be games of chance. The house always has an edge, which means that over the long term, the casino is more likely to make money than the players. People should approach casino games as a form of entertainment and be prepared for the possibility of losing money. It's also crucial to gamble responsibly, being mindful of the risks involved and ensuring it remains a fun and enjoyable activity rather than a financial strategy or source of stress.

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Quote from: 2Pizza410000BTC on October 26, 2023, 06:07:07 AM

Quote from: asyezuner on September 29, 2023, 01:37:23 AM

The outcome of the majority of casino games is mostly controlled by luck rather than ability. Examples that are often used include craps, roulette, and slot machines. Players wager on numerous outcomes in these games, and the casino has an inherent advantage that ensures they will profit in the long term.
Casino gaming is a popular source of entertainment. Instead of looking at it as a means of making money, players should approach it with the intention of having fun.

OP you are right every gambler should look at gambling platforms as entertainment. People who do not see this gambling platform as entertainment get addicted to this gambling platform very quickly. We who are associated with this gambling platform do not consider this gambling platform as entertainment and therefore use it as a means of earning. I can definitely say that every gambler first takes it as entertainment but later chooses it as a means of earning. However if every gambler accepts gambling platform as entertainment then they can continue their life pretty smoothly otherwise they can destroy their life at any moment from this gambling platform.

Gamblers probably know such things, it's impossible that they don't know that, instead the majority just don't want to think like that. Then let's admit that even those of us who think of doing this just as entertainment, there are still times when we think that we might win when we play.

And when we experience a win, it brings a different feeling to us as if every time we play we will get a profit from it. The important thing is that we can still control it.

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Quote from: ethereumhunter on October 25, 2023, 04:47:37 AM

Quote from: Hirose UK on October 25, 2023, 03:55:33 AM

Quote from: lionheart78 on October 24, 2023, 06:59:22 PM

~snip~

If we talk about finances and profits actually only casino owners have definite profits whereas for gamblers they can only get pleasure by spending money in betting or playing.
However it seems that the percentage of gamblers is greater for gamblers who aim to make profit or use gambling as a place to generate source of income.

But setting up a casino will require a lot of money, so only a few people can do it. That is why, for most people, they should use gambling as entertainment only and not use gambling as a place to make money. The casino owner will get the biggest profits from the casino he founded that we can only dream of. Gamblers can only win a lot of money when they get lucky, but this rarely happens to many gamblers because luck doesn't just come to many gamblers.

Of course because every business always requires large capital especially in the online casino business which requires marketing, development team or team that runs the casino, plus there are bonuses for promotions which of course will require large amounts of money.
But there are also casino owners who get money from an investor who wants to invest in this business so that the owner does not spend large amounts of money.

Gamblers seem to vary some want to have fun and have the ambition to get rich from gambling.
It just that the most dominant are gamblers who want to get rich from gambling.

Quote from: Negotiation on October 25, 2023, 08:03:27 AM

Quote from: Hirose UK on October 25, 2023, 03:55:33 AM

Quote from: lionheart78 on October 24, 2023, 06:59:22 PM

For people who have money to establish a casino, gambling being a game of chance is a good source of income for them while for people who see gambling as entertainment is alao good source of income for a casino owner. There is no wrong in seeing gambling or games of chance a good source of income if we have the fund to create a platform for it.

If we talk about finances and profits actually only casino owners have definite profits whereas for gamblers they can only get pleasure by spending money in betting or playing.
However it seems that the percentage of gamblers is greater for gamblers who aim to make profit or use gambling as a place to generate source of income.

In this industry the main goal is as business and we gamblers are just customers who come to spend money.

It is right to consider not gambling as a source of income here only casino owners benefit. Gamblers don't win all the time they just spend money and risk if they don't win. If online gambling was easy, everyone and their families would be professional bettors. You need to understand the risks involved before taking the plunge make no mistake because the danger is real. There is no exact guarantee that when you lose money you may have to work extra hard to recover it.

Yes, and as gamblers we must be responsible and always be wise gamblers who have limits control and financial management so that in the future we don't make mistakes and become crazy gamblers.
Most gamblers are addicted because they have greedy attitude and cannot control themselves.

There will always be risks even when we are just having fun we will also accept the risks of gambling so that in the future we are always careful and can remind each other not to do stupid destructive things.

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Quote from: asyezuner on September 29, 2023, 01:37:23 AM

The outcome of the majority of casino games is mostly controlled by luck rather than ability. Examples that are often used include craps, roulette, and slot machines. Players wager on numerous outcomes in these games, and the casino has an inherent advantage that ensures they will profit in the long term.
Casino gaming is a popular source of entertainment. Instead of looking at it as a means of making money, players should approach it with the intention of having fun.

OP you are right every gambler should look at gambling platforms as entertainment. People who do not see this gambling platform as entertainment get addicted to this gambling platform very quickly. We who are associated with this gambling platform do not consider this gambling platform as entertainment and therefore use it as a means of earning. I can definitely say that every gambler first takes it as entertainment but later chooses it as a means of earning. However if every gambler accepts gambling platform as entertainment then they can continue their life pretty smoothly otherwise they can destroy their life at any moment from this gambling platform.

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Quote from: Ever-young on October 25, 2023, 06:55:08 PM

Quote from: ?? on ??

It really should be. For me, only the pros and talent in gambling have won a lot of money or made it a source of income. As for people like me who are only in the middle class, yes it's nice to hope to win a lot of money in gambling but we know that it is very impossible, it is very rare to win a lot of money in gambling. We know that there are still many people who do this as a job or source of income that should not be.

There are people who have also made it through gambling but they never really believed in it and was never really good or professional gamblers they just focus on few games that they want to play base on there own definition of fun which the fun got complete at the end of the game and most times they surprisingly emerge as part of the winners which win big from gambling in a short time.

There is nothing bad by seeing gambling as a place to have fun and make money all together, if you are opportune to have everything that the person and the only time you visit a casino play game and waste few dollars this kind of people use money to catch fun, but for the people who barely even feed 3 times finds gambling as means of making money, but which ever way anyone wants to treat it the end is that gambling is base on luck and personal skill, people can gamble for fun only if they can afford that and they can also play for profit if they can afford not to give up.

The goal of gambling is not just to lose money and hope for the best. Although some people do achieve success without a solid plan or idea, this is more of an exception than the rule. If you understand the subtleties, these casual players who are just looking for fun might sometimes hit it big. Affluent people often see gambling as a way to have fun and possibly make money. Whatever, a few dollars lost in the name of fun? Situation changes a lot for people who depend on gambling for their survival, though. As you correctly stated, it all comes down to luck and personal skill. However, we must not forget how important it is to be smart. Individuals must carefully consider their position and the reason they are taking the risk. Its not just about finances; its also about knowing the game and, dare I say it, respecting yourself and it.

ethereumhunter

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Quote from: len01 on October 25, 2023, 01:10:20 PM

not only does it require large amounts of money but we must have a lot of experience otherwise we could be tricked by scammers who claim to help manage the casino we founded but will actually make our casino bankrupt. so building your own casino is not easy and you dont just have to rely on money, at least we have a lot of experience in gambling and some of the systems needed.
and for gambling as entertainment I will fully support your argument, it is easier to understand and makes a lot of sense when gamblers come with a small amount of money, enjoy each betting session, have fun without expecting anything big from gambling, and if luck comes with a big win, immediately go on holiday and leave 10% for gambling again. Its quite easy but its very difficult to do these things if we dont have an adult mindset.

At least before creating a casino, we have friends who can really help us and open job vacancies for people who will join the casino team. By having these friends, we can run the casino according to our plan. That is why gamblers cannot expect to get big wins too often because gamblers are just people who use casinos to gamble and get entertainment from playing various gambling games but they can also get money as their winnings. If they can get a win, they should be able to consider it as a bonus from the casino for them and cannot expect another bonus unless they have even greater luck. But that rarely happens to the average gambler.

Oasisman

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Quote from: ?? on ??

It really should be. For me, only the pros and talent in gambling have won a lot of money or made it a source of income. As for people like me who are only in the middle class, yes it's nice to hope to win a lot of money in gambling but we know that it is very impossible, it is very rare to win a lot of money in gambling. We know that there are still many people who do this as a job or source of income that should not be.

Winning a lot of money in gambling is not "very impossible" though. What is impossible, is when you're aiming to win a lot of money and you're only betting with a little amount of money, but when you put huge wager, you'll either lose big or win big. For someone who can afford to place a bet at a thousand dollars minimum, it's not rare for them to win a lot of money in gambling. I know some people in the middle class who has a fat risk appetite as he was able to place that huge amount of bet.
Also, I'm not aware that there are a lot of people who treat gambling as their source of income? I didn't know that, because all I know is that it is very risky and I can rarely see someone doing it.

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Quote from: swogerino on September 29, 2023, 01:55:03 AM

Quote from: asyezuner on September 29, 2023, 01:37:23 AM

The outcome of the majority of casino games is mostly controlled by luck rather than ability. Examples that are often used include craps, roulette, and slot machines. Players wager on numerous outcomes in these games, and the casino has an inherent advantage that ensures they will profit in the long term.
Casino gaming is a popular source of entertainment. Instead of looking at it as a means of making money, players should approach it with the intention of having fun.

Everyone knows that and everyone starts with that kind of approach.The problem is that when the middle of such entertainment people start losing money and they want to get it back is when things precipitates rather quickly and everything ends badly.That is because people emotions cannot be controlled in such moments when we are playing or better it is extremely difficult to control such emotions and very few individuals are able to do so,the majority can't and falls into addiction,on different levels,some more some less but the truth is this in the end.

The accuracy of this reply reminds me of the day I played the shell game while coming back from work. I was watching people play and I wanted to join the fun. I guessed the wrong shell and my money was gone. The rest of the times I played, I only wanted to get my money back. Grin

And guess what? I lost again and again and then knew I had to just give it up. That's exactly how it starts for most people, from trying to have fun to becoming addicted to it. Let's really be honest, no one chooses to be an addict.

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Quote from: CryptSafe on October 24, 2023, 06:42:11 PM

Quote from: Richbased on October 24, 2023, 02:04:20 PM

Quote from: CryptSafe on September 29, 2023, 02:11:46 AM

Casino basically is for fun and entertainment purposes with an added advantage of winning a price. That is why you are asked to gamble responsibly. Casino always have the advantage of making profit because the odds most times falls in their favour so more profit for the casino when gamblers make much loss.

When you say casino is literally for fun and entertainment does it mean that winning is not in your agenda?
Inasmuch as gambling is concerned, though sometimes we do gamble for fun like whether it plays or it doesn't play we just take it like that but let's tell ourselves the truth, irrespective of the type of gambling we choose to play, our motives and intentions is to win, nobody plays to loose so saying casino is for fun and entertainment isn't really a good narrative, you can say it's a game of chance (luck) just like every other gambling because if luck isn't on your side no matter how good you're in predictions you may still fall to wrong odds so basically, all gambling is a game of luck.

If you really read and understand my statement then you would get it clear my point. All you have said here still points towards the same view. Luck to win is also part of the expectations while playing but it would be in your own interest to do gamble with fun because the chances of winning is under probability but if you have the mindset of winning and at the entire end keep losing, it would have a side effect on your gambling when you already have the thought of winning and it would turn to addiction while in he course of you chasing your losses.

Luck or no luck gamble responsibly and do that for fun.

If so, do you count yourself as a gambler among the ones you mentioned? in the first paragraph or the second? Because we know that the gambler is really different, who just treats gambling like it's just an amusement park compared to treating it as a source of income?

And most gamblers can't get it out of their minds that this can be a source of income, where they always think that their small capital to bet on can be tripled or more when they gamble on a casino; they just depend on luck even though they know it won't happen 100%, but they still have the will to do it because they can't think of any other way, but this is really the only way; it's their last resource.

Ever-young

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Quote from: ?? on ??

It really should be. For me, only the pros and talent in gambling have won a lot of money or made it a source of income. As for people like me who are only in the middle class, yes it's nice to hope to win a lot of money in gambling but we know that it is very impossible, it is very rare to win a lot of money in gambling. We know that there are still many people who do this as a job or source of income that should not be.

There are people who have also made it through gambling but they never really believed in it and was never really good or professional gamblers they just focus on few games that they want to play base on there own definition of fun which the fun got complete at the end of the game and most times they surprisingly emerge as part of the winners which win big from gambling in a short time.

There is nothing bad by seeing gambling as a place to have fun and make money all together, if you are opportune to have everything that the person and the only time you visit a casino play game and waste few dollars this kind of people use money to catch fun, but for the people who barely even feed 3 times finds gambling as means of making money, but which ever way anyone wants to treat it the end is that gambling is base on luck and personal skill, people can gamble for fun only if they can afford that and they can also play for profit if they can afford not to give up.

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Quote from: len01 on October 25, 2023, 01:10:20 PM

Quote from: ethereumhunter on October 25, 2023, 04:47:37 AM

But setting up a casino will require a lot of money, so only a few people can do it. That is why, for most people, they should use gambling as entertainment only and not use gambling as a place to make money. The casino owner will get the biggest profits from the casino he founded that we can only dream of. Gamblers can only win a lot of money when they get lucky, but this rarely happens to many gamblers because luck doesn't just come to many gamblers.

not only does it require large amounts of money but we must have a lot of experience otherwise we could be tricked by scammers who claim to help manage the casino we founded but will actually make our casino bankrupt. so building your own casino is not easy and you dont just have to rely on money, at least we have a lot of experience in gambling and some of the systems needed.
and for gambling as entertainment I will fully support your argument, it is easier to understand and makes a lot of sense when gamblers come with a small amount of money, enjoy each betting session, have fun without expecting anything big from gambling, and if luck comes with a big win, immediately go on holiday and leave 10% for gambling again. Its quite easy but its very difficult to do these things if we dont have an adult mindset.

For casino owners or businessman then having that gambling business is never been cheap and of course you would really be needing that kind of background at least on what industry you are really diving into.You cant really just make yourself that making business without having that actual idea on what it is on which you are really that putting yourself on such danger or risks.
You cant really just that make yourself go with investment or business without actually having that knowledge at least.

For gamblers then it is really just that for pure entertainment nothingless. It do really just turns out that people do really become that addicted or do make out those kind of unrealistic intents
on which it do really ends up on getting that being addicted to it.It is one of the risks involved too for gamblers side.

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Quote from: asyezuner on September 29, 2023, 01:37:23 AM

The outcome of the majority of casino games is mostly controlled by luck rather than ability. Examples that are often used include craps, roulette, and slot machines. Players wager on numerous outcomes in these games, and the casino has an inherent advantage that ensures they will profit in the long term.
Casino gaming is a popular source of entertainment. Instead of looking at it as a means of making money, players should approach it with the intention of having fun.

Exactly.!! ... That's the honest truth that alot of peeps don't wanna listen to.. mostly, the addicted/gullible ones..
The last thing I'd ever wanna try out is slots; that's also another way to sink 'em cash in the sea if you've got them too much and it bothers you...lol

I believe if everyone is brought back into realizing how insensible it is to trust any gambling process, then only the firmly-rooted casinos would be left and gambling projects would surely be struggling in Monopoly.

Sandra 🧑‍🦰

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Quote from: wiss19 on October 25, 2023, 03:45:06 AM

Quote from: summonerrk on October 24, 2023, 03:06:29 PM

How do you need to think correctly before going to the casino in order to absolutely have fun and have a good time? You need to allocate a certain amount of money. And say to yourself, "today I can lose it, so mentally I say goodbye to this money." You need to go only for emotions and in no case for a win. And even if you lose everything, you will say to yourself, "It's okay, I got a lot of positive emotions, this is what I came here for."
Well, if such a player wins, it will be an excellent and unexpected bonus. That's the right way of thinking should be.

That might be the right mindset for someone entering a casino for gambling but most people don't have that mindset when they start gambling and they barely see it as a fun activity but most of them enter the gambling space only to gain multiple folds of their money which is their main target and they lack the understanding that it's not possible for everyone to actually constantly earn money from gambling because casinos are businesses and businesses are created to earn money for their owners and not their customers.

The wrong mindset of gamblers makes them lose a lot of money, they first try and win some money with what they have, and once they lose a part of their own money, they start trying to recover that money which further makes them lose more of it. They might be able to successfully recover their losses once or twice, but if they try it more, they will end up losing everything.

That's right, the phrase of Julius Caesar fits very well here: "warned means armed", in the context of the topic of our discussion, because if a player does not know this information, then it will be easy for him to fall into the trap of the casino. And if he knows that the casino wants to make him believe that this is how you can earn money - as for example I know or you do - then he will not let you shift his priorities.Therefore, we come to a paradox - if you go to a casino, you need to be alert, and it seems that even if you want to relax there, you need to have constant self-control.

len01

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Quote from: ethereumhunter on October 25, 2023, 04:47:37 AM

But setting up a casino will require a lot of money, so only a few people can do it. That is why, for most people, they should use gambling as entertainment only and not use gambling as a place to make money. The casino owner will get the biggest profits from the casino he founded that we can only dream of. Gamblers can only win a lot of money when they get lucky, but this rarely happens to many gamblers because luck doesn't just come to many gamblers.

not only does it require large amounts of money but we must have a lot of experience otherwise we could be tricked by scammers who claim to help manage the casino we founded but will actually make our casino bankrupt. so building your own casino is not easy and you dont just have to rely on money, at least we have a lot of experience in gambling and some of the systems needed.
and for gambling as entertainment I will fully support your argument, it is easier to understand and makes a lot of sense when gamblers come with a small amount of money, enjoy each betting session, have fun without expecting anything big from gambling, and if luck comes with a big win, immediately go on holiday and leave 10% for gambling again. Its quite easy but its very difficult to do these things if we dont have an adult mindset.

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Quote from: asyezuner on September 29, 2023, 01:37:23 AM

Casino gaming is a popular source of entertainment. Instead of looking at it as a means of making money, players should approach it with the intention of having fun.

Every gambler or individual has to decide how they want to perceive gambling. Whoever sees gambling as a means of making money, once they try it out and it becomes profitable for them, then it is their decision to continue gambling and earning from it. But if they venture into it and discover it is not a safe heaven of income-making, then they still have the choice to stop or continue. But the honest truth is what you have said, and several topics here have also been preached about. Gambling is not a means of earning a sustainable income. If anyone really takes gambling very seriously as a means of income, sure, they will only become compulsive gamblers and will not even become rich.

Negotiation

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Quote from: Hirose UK on October 25, 2023, 03:55:33 AM

Quote from: lionheart78 on October 24, 2023, 06:59:22 PM

For people who have money to establish a casino, gambling being a game of chance is a good source of income for them while for people who see gambling as entertainment is alao good source of income for a casino owner. There is no wrong in seeing gambling or games of chance a good source of income if we have the fund to create a platform for it.

If we talk about finances and profits actually only casino owners have definite profits whereas for gamblers they can only get pleasure by spending money in betting or playing.
However it seems that the percentage of gamblers is greater for gamblers who aim to make profit or use gambling as a place to generate source of income.

In this industry the main goal is as business and we gamblers are just customers who come to spend money.

It is right to consider not gambling as a source of income here only casino owners benefit. Gamblers don't win all the time they just spend money and risk if they don't win. If online gambling was easy, everyone and their families would be professional bettors. You need to understand the risks involved before taking the plunge make no mistake because the danger is real. There is no exact guarantee that when you lose money you may have to work extra hard to recover it.

ethereumhunter

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Quote from: Hirose UK on October 25, 2023, 03:55:33 AM

Quote from: lionheart78 on October 24, 2023, 06:59:22 PM

For people who have money to establish a casino, gambling being a game of chance is a good source of income for them while for people who see gambling as entertainment is alao good source of income for a casino owner. There is no wrong in seeing gambling or games of chance a good source of income if we have the fund to create a platform for it.

If we talk about finances and profits actually only casino owners have definite profits whereas for gamblers they can only get pleasure by spending money in betting or playing.
However it seems that the percentage of gamblers is greater for gamblers who aim to make profit or use gambling as a place to generate source of income.

But setting up a casino will require a lot of money, so only a few people can do it. That is why, for most people, they should use gambling as entertainment only and not use gambling as a place to make money. The casino owner will get the biggest profits from the casino he founded that we can only dream of. Gamblers can only win a lot of money when they get lucky, but this rarely happens to many gamblers because luck doesn't just come to many gamblers.

Hirose UK

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Quote from: lionheart78 on October 24, 2023, 06:59:22 PM

For people who have money to establish a casino, gambling being a game of chance is a good source of income for them while for people who see gambling as entertainment is alao good source of income for a casino owner. There is no wrong in seeing gambling or games of chance a good source of income if we have the fund to create a platform for it.

If we talk about finances and profits actually only casino owners have definite profits whereas for gamblers they can only get pleasure by spending money in betting or playing.
However it seems that the percentage of gamblers is greater for gamblers who aim to make profit or use gambling as a place to generate source of income.

In this industry the main goal is as business and we gamblers are just customers who come to spend money.

Quote

But if we are a player, we should never think that gambling games are a good source of income. It will only suck our finances dry if we aim to get rich in our gambling activity unless we are extremely lucky. We should always see gambling as entertainment and we should engage with it responsibly. There may be a time when we can hit big but without proper bankroll management, we might find our selves always at a disadvantage.

In reality that is what happens where people have thoughts and goals that are very different from what should be prioritized.
We can easily say gambling is just for fun and entertainment but for those gamblers out there who want to change their lives that is not the point of view in gambling.

Such things must be eliminated but it is still difficult to completely eliminate wrong thoughts in the brain gambler.

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Quote from: summonerrk on October 24, 2023, 03:06:29 PM

How do you need to think correctly before going to the casino in order to absolutely have fun and have a good time? You need to allocate a certain amount of money. And say to yourself, "today I can lose it, so mentally I say goodbye to this money." You need to go only for emotions and in no case for a win. And even if you lose everything, you will say to yourself, "It's okay, I got a lot of positive emotions, this is what I came here for."
Well, if such a player wins, it will be an excellent and unexpected bonus. That's the right way of thinking should be.

That might be the right mindset for someone entering a casino for gambling but most people don't have that mindset when they start gambling and they barely see it as a fun activity but most of them enter the gambling space only to gain multiple folds of their money which is their main target and they lack the understanding that it's not possible for everyone to actually constantly earn money from gambling because casinos are businesses and businesses are created to earn money for their owners and not their customers.

The wrong mindset of gamblers makes them lose a lot of money, they first try and win some money with what they have, and once they lose a part of their own money, they start trying to recover that money which further makes them lose more of it. They might be able to successfully recover their losses once or twice, but if they try it more, they will end up losing everything.

Topic: Casino is a Games of Chance and Entertainment - page 2. (Read 1711 times)