Topic: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game - page 8. (Read 3437 times)

We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers, all we need to know is what constitutes whatever thing we are going in for,when we have the understanding, we will not be cheated and we are going to be at the top of having it's best satisfaction.

But other people have different thought about this since maybe their view towards each activities they participate is are the same since their main intention is to earn passive money and they had been hooked up to much on the idea that one day they became so lucky and can earn a lot of money on gambling then can live a more comfortable life.

That scenario exist since there are influencers portray that its easy to win on the casino they are promoting that's why those people which have less understanding and don't have critical thinking will believe on their words.

If they could really just distinguish the difference for sure they would not expect any thing on any of those and will do good decision making regarding on what they like to activities on those options they want to enjoy.

It was difficult. I prepared for it for 2-3 months. I`ve got some money for start, rested, searched information, prediction groups, etc. It wasn`t fast decision like "tomorrow i become a gambling winner". And it was hard to wake up several times per night, stop everything and wait nice odds, for live bets. The result was nice, but i thought that it would be possible to combine the main job, the betting, my family and hobbies. Yes, i could get more money from some other job, or spend it time in some another way, but it was an experiment and i think that it was successful. But i don`t think that i would like to repeat it till i`m working.

This example of yours is most likely ideal. 
If you manage to earn money at your main job, and then also make winning bets that bring even a small income, then this is certainly your achievement of optimal gambling.  But you must admit that without that period of time when you devoted all your time to gambling, you would hardly have achieved such a balance of life interests.  Experience in gambling is a great thing!  And this experience also required, as I understand, a lot of your time.  On the other hand, it seems that if you spent this time on some other income, then who knows where you would earn more.  So these are uncertainties in the life of any person, where it is not known in advance what to do better.  Probably the best option is the way you described it.  But without time spent on experience,
it is unlikely to be achievable by an ordinary person just starting to gamble.

Common sense would really be enough for you to determine on what gambling is and on how these things should really be treated up. Its really that impossible that you cant really be able to distinguish in between
casino games and these businesses. Well yeah when it comes to revenue making then these things have different markets that had been served but of course it wont really be that hard to make you realize
on how these places do make easy money out of those people who had been diving or really that making some engagement into it. Thing here is that you do make involvement according
on what is into your real intent.

It is true for common gambler. He mostly spend some money to relax. But there are poker players, betters - for some of them gambling is a job. They get stable profit from gambling. I`m in sport betting for 3 years and still winning. Some time ago it was a period, i spent all my time for betting and i`ve got about $800 per month. But it was all my time and i had no time for my family, hobbies, rest. As the result i compared the profit between gambling and job and chose job. Now i bet when i have free time but still get some additional profit every month.



I can compare. I tried it myself. Several months my stable profit was about $800 per month. I don`t know about your situation, but in my country medium salary is about $600-700. And i combined it with the main job. It is possible that i could improve the sum up to $1200 per month, but i get more money from the main job and i stopped such gambling.

These are all service providers where everybody can decide for themselves if we are interested in their services or not. Buying stocks is something many small investors like to do in their spare time, unfortunately the big banks and brokers are going to take advantage of that. Just look at the Robin Hood scandal that offers free trading for all clients. Which seems like a nice feature for any new trader that can buy and sell without commission from his mobile phone. In the end it turned out the broker sold the client data to hedge funds that took advantage of them and profited from the trades. So, brokers will try and find any way possible to make a profit. There is a lot of competition in the broker business like with casinos. In the gambling world the casinos will offer cashback to make it more interesting to stay at one casino. In the trading world, brokers have promotions that reward investors that trade regularly. At least with my online broker I keep getting notifications, that if I reach 10 trades per quarter, the fees are going down. Comparing fees across the industry is important and can save a lot of money in the end.

You are right about this, gambling may be risked by some people as their means of livelihood, even though I have not met such people personally, I only hear of them, so whether they are real or not, I do not know. Needless to say, people may just be seeing them from afar but do not know the challenges they are even met with in this regard since gambling is risky. For me, I can't depend on gambling as my means of livelihood, I can't just do that even if I have the best working strategy in it. It might be the time you need money most that it would fail you, and what if you need the money at that time to fix some important things like the payment of children's school fees and others?

I can't just risk my life and that of my dependents on such a risky activity. It can still be fine if it is a risky investment and trading, and many are doing it and are fine. This is just like I've done in the past replying on trading and investment solely for years. Since the two are businesses, if well-known, one can still manoeuvre his way through them to success. But for gambling, the best is to have another job which is the primary job, and no matter how little it is earning for you, it can't make you so desperate to gamble alone or be gambling anyhow due to the quick money needed.

And you really think it's right to compare gambling to a stable and steady paying job? Aside from the fact that gambling isn't even a job, or something near that, and it's completely wrong and a loss of one's life purpose to take up gambling as a job or business which they depend on to earn money enough to solve all their life's goals and meet all their financial needs, completely wrong, and yes, it's very possible to make good money from gambling, but that is if the player is lucky.

And you will agree with me that, success in life doesn't always come out as a product of chance or luck, deliberate actions, calculated steps and decisions is what lead to one's breakthrough in life, Most of the people who made big money by chance always end up losing it all back and returning to their former financial state, and sometimes, they even end up in a worster financial situation than they've been before the unexpected money entered their hand, this is why we see and read several stories of people who won lottery jackpots worth millions of Dollars, who end up becoming poorer than they were before winning the lottery after a few years of the winning.

Gambling is not something a person should depend on as a means of livelihood, have a stable paying job, and gamble by the side if you are someone who loves gambling.

Well, if we look at gambling this way, then I can’t really agree that an activity that in the long term leads to the loss of your money with a probability of more than 90% (approximately so), and in the very distant long term this probability generally approaches 99%.  It is perhaps quite difficult to call such activity work.  Of course, apparently there are truly professional players and what they do in gambling can be conditionally considered work, but only if they have no other type of income-generating activity and do not have a large inheritance that allows them to live for many years and not work at all. 
But apparently, almost all people who are into gambling live according to the scheme - they earned money at their main job - they lost part of this money to the casino.  And in this case, gambling cannot be called work.  And for the vast majority of players, gambling still cannot be a job. 
In my opinion this is true.

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

Yes, building something such as a community where your community members will be not forced to sign up but will do it voluntarily because they've seen on how good you are and helpful to them.

Well, even if we say so that they should do that part time but I've been seeing them promoting it countless times and it's like always on their feed and I don't know if they've got some community that they're not publishing.

But it seems that it is working for them and they're making some good money out of those promotions and affiliates and that's the reason why they do it full time.

Affiliate or referral then getting even your first people that would be registering under your link would really be that too pain in the ass on which it would really be that a normal thing that there would really be those huge challenges if you would really be doing into this path. Not all would really be that good when it comes marketing and other stuffs in correlation to this one. Never ever make gambling to be your
source of income because this isnt something that could really be that possible for you to be able to sustain on. As for money making or money game then these business would really be
always have the advantage. This is business on which it would be normal that they would really be always having the advantage.

They really need to widen up their influence before they can do that and its not easy to build up your own community to get decent profit from it and this is not applicable to anyone that's why people should not think about quitting since their gambling hustle will provide.

Its more better if they would just make it as side hustle and only quit their job when they are stable enough to sustain all their daily needs.

See a lot of people doing this and I don't see any consistency on the earnings since you need to spend a lot of efforts just to convince people to sign up under your link and try those platform what you offer to them.

If you can`t get stable profit from gambling - it means only that you mustn`t make it a job. But it doesn`t mean that someone else can`t. About retirement - it sounds funny. I can stop working or gambling any time i want and i don`t need some help for my old bones. Everybody must think about it when he is young. Just think about it right now, don`t waste time.

I've known people personally that have quit their job to do gambling full time. But it's not that they're full time gamblers but they're offering some kind of affiliates to their friends as well so that they get commission. So, it's not just they're gambling only but also trying to market the casino that they're gambling with.

This is so true, not all of them reaches success and that's why they're able to get into debts that seems to be a trap for them and they can't get out of it.

Don't be a full time gambler when you're not rich but even the rich gets to the point of losing everything that they can because of having no control and because of too much addiction.

When you talk about sly brokers, chances are that these are unregulated broker's... anything that involves playing with market feeds to outsmart traders does get reported and affects the licensing of such a broker,  which results in penalties and the alike...

As of gambling I think the most manipulative ones are these small casinos as they have nothing to lose as compared to establised casino's that have their reputation on the line.

Anything is possible because we don't know what's happening in the background, but if there is any foul play it does get exposed eventually...so for now it's all speculative or FUD.

There are very few that succeed in gambling using as main money making and some even
leave their Job to focus completely in gambling but as i said Very Few of them succeed and
the majority go home with nothing but debt.
so try not to become gambling relying person but instead have a permanent job to work.

This might be old but i would really be still answering this on which this is how business works and you can expect it and its better to mind your own business rather than on trying out to sue out those brokers
that they are making easy money. This is business and so as with other business although they arent taking some risks compared into other businesses but well this is how things do works
and better deal with it because making money or revenue is something that every business would really be targeting on.

Just like on others been saying that it would really be always best that you shouldnt really be considering about touching up on how they do make money.
Dealing up with gambling, trading or forex then it would really be having its own approach. Finding it on how then it wont really be that hard.