Casino is a Games of Chance and Entertainment - page 8.

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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.

The gambling is based on the luck,some gambler know this one.But many people opinion is they can earn if they improved the skill alone.Consider the poker game you are playing,you know poker very well.But the fact is the card of the game decide the winner,even you and your friend was experienced person in poker.Only the winner of the game will be the person who get good cards among that two players.So the card also play huge role for the winning in the gambling as compared to the ability of the player.

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We need to know carefully that gambling is a game and we need to remember that the name of the game is entertainment. It's just that in gambling games there is a certain amount of money that we bet so it's not surprising that there are people who think that gambling is a money multiplier because they believe too much in their gambling abilities and not a few people try their luck in gambling in the hope that with the gambling they do can change their lives financially in a short time through a big win that they crave.

In gambling, the big win is the main goal, but we should not expect this too much, because if we expect too much, this will lead us into the gloomy valley that exists in gambling.

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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.

Majority of the players view gambling as a money-making venture which somehow worsens their position as soon as they make it long-term.

For people who view gambling as a means of entertainment, the chances of them succumbing to addiction is relatively low compared to the people who are aiming to gamble for profit. This is the reason on why the perspective of a person matters on how they view something, as this applies to any kind of addiction.

Though this may be the case, there are also some source of entertainment that does not involve any expenditure of money but people succumb to it (e.g. recreational activities, etc.).

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Quote from: tjtonmoy on September 30, 2023, 10:23:33 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.

Not mostly but I think all of them are based on luck. Unless some casino is rigged. But if not, all of them follow the same rules for games. If you are good at some games, that will mean nothing when you are playing on an online platform while gambling. The odds are always random. So we need to keep that in mind and then approach gambling. There are no tricks to winning every time and it contains both winning and losing.

It is a way of entertainment. That's all gambling is. All you do while gambling is make a bet and roll the dice. Your luck will decide your chances of winning and losing.

If the casino is rigged, then you will always lose in gambling. You will not make any money even if luck is on your side and also you will not get any entertainment from the rigged casino. So the first thing is to identify a trusted casino and play only at that casino.

Now if you are only for the entertainment, believe me you enjoy the game and make money as well. Even if you lose, you won't regret it because you will satisfy yourself that you spend the money on gambling entertainment. However, when the motive is to gain money, then emotions come into play. You will be happy winning but in case of loss, you will regret it and make your day a bad one.

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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.

This has been told a million times already or even more in the gambling discussion itself still we need awareness about gambling as just a form of entertainment?

Gambling can be done once in a while or weekly, with monthly allocated budgets if you are more attracted towards gambling than other forms of entertainment but it should never be seen as a way to make easy money and become rich or considered as an investment so over time they can more money than they wagered, if they do then they are just lazy prick.

Whoever needs money then start working on something where you can break the system which is absolutely not possible in the casino system that is why it is still successful and lucrative over centuries.

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Quote from: edmundduke on September 29, 2023, 04:38:45 AM

The vast majority of the games are chance based. The few exceptions where you could make an argument about skill being involved would be poker and sports betting. Luck still playes a huge factor in those aswell but at least skill/knowledge has some role to play in predicting it correctly.

Yes, even for those skill-based games, luck is still essential on part of the gambler so he can assure himself that he’ll eventually win and earn some profits. But in all of these types of games, the main point here is to make us entertained even if we are at loss. Unfortunately, majority of the gamblers only get entertained when they are earning as well. It’s fun when you are gambling but it’s actually more fun when you are not consistently losing.

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Quote from: shogun47 on October 01, 2023, 08:32:00 AM

Quote from: pawanjain on October 01, 2023, 01:03:06 AM

Quote from: shogun47 on September 30, 2023, 10:45:53 AM

Stopping to repeat mistakes in gambling is easier said than done. I guess everyone knows some of these spectacular poker hands at the WSOP. That's a great example because most of the time the winner was someone who made a good number of mistakes. There are some of the wildest hands only because someone made a mistake almost knowingly and everybody else knew it as well. Jamie Gold is one of those guys who played really bad in so many situations and yet being the winner was the result. In the end these games all involve luck and you can play perfect poker, make all the moves that everybody thinks are right and yet the chance to win a huge tournament are so damn little. Imagine you play 10 hands in the showdown with a 90:10 chance. If you were to go for these 10 showdowns, the chances are quite high to lose it.

I think in a casino it is really much less about strategy, but I don't know too much about it. Though when I think about roulette, the best chance I can get is a little below 50% of winning per round. There are lots of videos on youtube with special tactics and how they get debunked because it's just not true unless some illegal stuff is applied. If anyone here knows a strategy with guaranteed profit, feel free to share it Tongue

If there was such a strategy then why would anybody share it ? They would keep it to themselves instead and keep making money while they can.
Gambling does involve luck and without that nobody is gonna win. In fact all those you people who win despite by making mistakes are winning because of luck.
But the wise ones are those who identify their mistakes and rectify it the next time.

That is why I made that smiley at the end, nobody would share a winning strategy if there was one, and those sharing those strategies on youtube don't make their money from the strategies they share, but from ads and the people watching their videos.

Aren't you contradicting yourself when you first correctly say that it is all pure luck and then at the end you say that the wise ones identify and rectify their mistakes? Something doesn't add up here...

Yeah, it does sound a little contradicting but what my point was is the gambling does require luck and even if we have a good strategy but if we don't have luck by our side then we will lose the round.
The second part was that while gambling we tend to make some mistakes for example going beyond our budget.
There are many such mistakes we do which we regret later but the wise ones are those that learn from their mistakes and rectify their mistakes.

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Quote from: Outhue on October 01, 2023, 01:18:02 AM

I believe that rich people fit in better with this category than people who aren't rich... Since gambling platforms favour the rich even more...

Well, it's all about the bankroll and your bet size... Doesn't matter how much money you have, if you bet with most of your bankroll, the chances of losing everything are pretty high. But you are right that casinos favor the rich people, the ones who wager more... but every service is doing that, people who spend more money will always have more advantages and be eligible for more bonuses and promotions. So we can't blame casinos for this one, simply it's how this world works.

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Quote from: AbuBhakar on October 01, 2023, 09:33:05 AM

Quote from: Pierre 2 on October 01, 2023, 09:07:59 AM

Obviously gambling games are generall structured to favor rich. As you said when you spend more on gambling you get extras like vip options and that's not even the end. For example its much better experience if you can afford to lose more money. As poor person you can hit 10x through regular betting but if money you spent is low you get like ([low]x10) which is not very high... But rich people would gamble with ten thousands of dollars and one lucky jackpot can be my 24 month salary. So I agree that its better to focus on fun most of the time.

Rich people can have greater casino benefits but also they have higher amount to lose so I don’t consider this as favor but rather a complimentary to their casino contribution. You can have same gambling experience to the rich people even if your bankroll is low as long as you enjoy playing the game since that’s what important instead of the amount of money being risk.

Even poor can still have money that can afford to lose. It’s not that huge compared to reach but anyone can gamble using money that they can afford to lose since we can just use proportional amount base on our total bankroll.

Yes of course, so actually even if they want to follow the methods of the rich by adding a large budget to gambling it will not always be completely useful, losing is still losing no matter what way you do it, it is not an excuse and cannot be used as a reference material at all. Rich people come with big capital and if they are lucky then their winnings must also be large, on the other hand if they lose then of course their losses must also be higher. So I hope that you, especially those who have finances or finances below average, it is better for you to gamble in moderation, meaning that you can gamble but still have to be on a small budget and of course you can be responsible for whatever the final result is. Don't follow the rich, because maybe your perception and theirs are different about the size of the money.

So it's better for you to spend only a few percent, such as 3% - 5% of your total salary income, never put any expectations from gambling if you don't want to end up in a slump and of course you must have good control and limits, it's also for your own good.

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Quote from: Pierre 2 on October 01, 2023, 09:07:59 AM

Obviously gambling games are generall structured to favor rich. As you said when you spend more on gambling you get extras like vip options and that's not even the end. For example its much better experience if you can afford to lose more money. As poor person you can hit 10x through regular betting but if money you spent is low you get like ([low]x10) which is not very high... But rich people would gamble with ten thousands of dollars and one lucky jackpot can be my 24 month salary. So I agree that its better to focus on fun most of the time.

Rich people can have greater casino benefits but also they have higher amount to lose so I don’t consider this as favor but rather a complimentary to their casino contribution. You can have same gambling experience to the rich people even if your bankroll is low as long as you enjoy playing the game since that’s what important instead of the amount of money being risk.

Even poor can still have money that can afford to lose. It’s not that huge compared to reach but anyone can gamble using money that they can afford to lose since we can just use proportional amount base on our total bankroll.

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Quote from: Outhue on October 01, 2023, 01:18:02 AM

I believe that rich people fit in better with this category than people who aren't rich because there's nothing that's far from luck with gambling, each and every facet and corner is 100% about luck, so there's nothing that's far from luck with gambling. Since gambling platforms favour the rich even more, yep, VIP accounts, I believe the rich will be willing to spend some money without hurting themselves.

In addition to people talking about how a strategy worked for them because it was your lucky day, I believe that a small amount of money to gamble is the only strategy that can keep people save from turning into something else as a result of gambling. I'm sick and tired of people talking about how a strategy worked for them.

The only way that gambling can be enjoyable is by using very small amounts of money, there will be no panicking, it's all about you and the fun you are having, either you lose or not, how can you possibly lose?

Obviously gambling games are generall structured to favor rich. As you said when you spend more on gambling you get extras like vip options and that's not even the end. For example its much better experience if you can afford to lose more money. As poor person you can hit 10x through regular betting but if money you spent is low you get like ([low]x10) which is not very high... But rich people would gamble with ten thousands of dollars and one lucky jackpot can be my 24 month salary. So I agree that its better to focus on fun most of the time.

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Quote from: tjtonmoy on September 30, 2023, 10:23:33 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.

Not mostly but I think all of them are based on luck. Unless some casino is rigged. But if not, all of them follow the same rules for games. If you are good at some games, that will mean nothing when you are playing on an online platform while gambling. The odds are always random. So we need to keep that in mind and then approach gambling. There are no tricks to winning every time and it contains both winning and losing.

It is a way of entertainment. That's all gambling is. All you do while gambling is put a bet and roll the dice. Your luck will decide your chances of winning and losing.

I agree with the existence of luck in playing casinos or gambling and others, because basically everyone knows that the casino or slot game has something arranged in it, it's just that some people play casinos or slots with high lust and think they can give them a big win they forget about luck that can only give them victory, as good or as good as someone in playing casinos or slots they will not be able to change the rules that have been set by the moderator in it, There are no people who are good or great at gambling, only luck if they get a big win, unfortunately casinos and slots or games like this have a very bad impact on people who cannot regulate emotions to get a big win, sadly games like this do not look at age, of course, young people whose enthusiasm is fiery, even children and parents also have this game.

With high curiosity they can do anything to play this game, therefore the bad impact of slot casino games or gambling like this can have a bad impact on ourselves and our closest relatives so be smart to play casinos or slots, make this game as entertainment not to be made the main livelihood in life.

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Quote from: pawanjain on October 01, 2023, 01:03:06 AM

Quote from: shogun47 on September 30, 2023, 10:45:53 AM

Stopping to repeat mistakes in gambling is easier said than done. I guess everyone knows some of these spectacular poker hands at the WSOP. That's a great example because most of the time the winner was someone who made a good number of mistakes. There are some of the wildest hands only because someone made a mistake almost knowingly and everybody else knew it as well. Jamie Gold is one of those guys who played really bad in so many situations and yet being the winner was the result. In the end these games all involve luck and you can play perfect poker, make all the moves that everybody thinks are right and yet the chance to win a huge tournament are so damn little. Imagine you play 10 hands in the showdown with a 90:10 chance. If you were to go for these 10 showdowns, the chances are quite high to lose it.

I think in a casino it is really much less about strategy, but I don't know too much about it. Though when I think about roulette, the best chance I can get is a little below 50% of winning per round. There are lots of videos on youtube with special tactics and how they get debunked because it's just not true unless some illegal stuff is applied. If anyone here knows a strategy with guaranteed profit, feel free to share it Tongue

If there was such a strategy then why would anybody share it ? They would keep it to themselves instead and keep making money while they can.
Gambling does involve luck and without that nobody is gonna win. In fact all those you people who win despite by making mistakes are winning because of luck.
But the wise ones are those who identify their mistakes and rectify it the next time.

That is why I made that smiley at the end, nobody would share a winning strategy if there was one, and those sharing those strategies on youtube don't make their money from the strategies they share, but from ads and the people watching their videos.

Aren't you contradicting yourself when you first correctly say that it is all pure luck and then at the end you say that the wise ones identify and rectify their mistakes? Something doesn't add up here...

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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.

Some gamblers understand this but many gamblers do not and just keep trying to profit from gambling, and they only find this out after losing a lot of money this is a risky experience, gamblers should learn from the experience of other gamblers but there are who kept insisting that there is money to be made from gambling.
Whether luck-based or sports betting, it's hard to make money from gambling you can win once but you cannot consistently win.
And sometimes you can win when you are enjoying the game and you least expect it, it's a good feeling when you win while having fun instead of trying to win.

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Quote from: ice098 on September 30, 2023, 06:41:14 AM

People did not see gambling for fun, we all admit that we see gambling before as a major source of income or maybe the higher your will and desire to earn more that more you see gambling in the wrong side. We should not see it in that way because if we do we will be addicted and we will rely too much in gambling and soon we don't have many left. Gambling is made to entertain not to be a stream of passive income.

That is the mistake that people have made so they continue to use gambling to gamble and without seeing that gambling is not a place to make money. And a casino is a place to gamble. Even though a casino can give you the opportunity to earn money, the winnings will not come to the people. For every person who wins at a casino, some people lose and their losses vary, so if you don't want to experience many losses, you must be able to reduce your gambling activities. You can also use the casino as a place of entertainment that uses money so that you don't think that the casino is a place to make money. If you can make money, that is a bonus for you. But if not, that's the price you have to pay for using gambling to entertain you.

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I believe that rich people fit in better with this category than people who aren't rich because there's nothing that's far from luck with gambling, each and every facet and corner is 100% about luck, so there's nothing that's far from luck with gambling. Since gambling platforms favour the rich even more, yep, VIP accounts, I believe the rich will be willing to spend some money without hurting themselves.

In addition to people talking about how a strategy worked for them because it was your lucky day, I believe that a small amount of money to gamble is the only strategy that can keep people save from turning into something else as a result of gambling. I'm sick and tired of people talking about how a strategy worked for them.

The only way that gambling can be enjoyable is by using very small amounts of money, there will be no panicking, it's all about you and the fun you are having, either you lose or not, how can you possibly lose?

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Quote from: shogun47 on September 30, 2023, 10:45:53 AM

Stopping to repeat mistakes in gambling is easier said than done. I guess everyone knows some of these spectacular poker hands at the WSOP. That's a great example because most of the time the winner was someone who made a good number of mistakes. There are some of the wildest hands only because someone made a mistake almost knowingly and everybody else knew it as well. Jamie Gold is one of those guys who played really bad in so many situations and yet being the winner was the result. In the end these games all involve luck and you can play perfect poker, make all the moves that everybody thinks are right and yet the chance to win a huge tournament are so damn little. Imagine you play 10 hands in the showdown with a 90:10 chance. If you were to go for these 10 showdowns, the chances are quite high to lose it.

I think in a casino it is really much less about strategy, but I don't know too much about it. Though when I think about roulette, the best chance I can get is a little below 50% of winning per round. There are lots of videos on youtube with special tactics and how they get debunked because it's just not true unless some illegal stuff is applied. If anyone here knows a strategy with guaranteed profit, feel free to share it Tongue

If there was such a strategy then why would anybody share it ? They would keep it to themselves instead and keep making money while they can.
Gambling does involve luck and without that nobody is gonna win. In fact all those you people who win despite by making mistakes are winning because of luck.
But the wise ones are those who identify their mistakes and rectify it the next time.

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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.

Yes! This has always been and should be people's correct perception of what the purpose of a casino is.
But, you need to realize that it's not entirely people's fault, because the way casinos win over their customers is quite controversial.

Have you ever seen a casino advertising the following: "Come and have fun playing our games and enjoy pleasant hours of leisure"? Obviously not!!
What they publish is: "Come and win a lot of money at our casino, with an initial bonus of XX dollars and cashback..." the appeal is always for the financial issue.

We don't blame them, after all marketing is the soul of every business, and any company will always do its best to attract its customers within what is legal under the laws of their countries.

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Quote from: pawanjain on September 30, 2023, 09:34:14 AM

Quote from: Webetcoins on September 29, 2023, 10:25:52 AM

This has been discussed way too much and I believe there is actually no point in doing that at all because someone would barely change their mind by solely reading such posts or anything and they will still have the same mindset that they've always had. You might school someone regarding gambling and tell them what they should and what they shouldn't do when gambling but at the end of the day, they will just do what they think is the right thing for them.

People don't go by facts or experiences of others but they want to experience it themselves in order to learn, and sometimes, they don't learn even from their own experiences because you may see a gambler lose some money one day and you will see them gambling again the next day without any regrets.

If there are people who are not learning from their own mistakes then they deserve the consequences of their mistakes.
Every gambler is wise enough to identify their mistakes. If they don't stop repeating it then it's obvious that they will end up in a crisis.
That is what has been happening till date. Some learn from their mistakes in gambling and fix it while others end up in debt.

Stopping to repeat mistakes in gambling is easier said than done. I guess everyone knows some of these spectacular poker hands at the WSOP. That's a great example because most of the time the winner was someone who made a good number of mistakes. There are some of the wildest hands only because someone made a mistake almost knowingly and everybody else knew it as well. Jamie Gold is one of those guys who played really bad in so many situations and yet being the winner was the result. In the end these games all involve luck and you can play perfect poker, make all the moves that everybody thinks are right and yet the chance to win a huge tournament are so damn little. Imagine you play 10 hands in the showdown with a 90:10 chance. If you were to go for these 10 showdowns, the chances are quite high to lose it.

I think in a casino it is really much less about strategy, but I don't know too much about it. Though when I think about roulette, the best chance I can get is a little below 50% of winning per round. There are lots of videos on youtube with special tactics and how they get debunked because it's just not true unless some illegal stuff is applied. If anyone here knows a strategy with guaranteed profit, feel free to share it Tongue

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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.

Not mostly but I think all of them are based on luck. Unless some casino is rigged. But if not, all of them follow the same rules for games. If you are good at some games, that will mean nothing when you are playing on an online platform while gambling. The odds are always random. So we need to keep that in mind and then approach gambling. There are no tricks to winning every time and it contains both winning and losing.

It is a way of entertainment. That's all gambling is. All you do while gambling is put a bet and roll the dice. Your luck will decide your chances of winning and losing.

Topic: Casino is a Games of Chance and Entertainment - page 8. (Read 1693 times)