Pages:
Author

Topic: Do the juice Worth the squeeze? - page 4. (Read 914 times)

hero member
Activity: 952
Merit: 541
March 14, 2024, 01:14:41 PM
#70
Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?
Gambling and investment both involve the same risks, you have to risk a certain amount of money in order to get the hope of profit. But gambling is a short-lived activity, whereas investing can last in the long term. Gambling is a game that is tied to time, you can lose or win in an instant. While investments can last up to several years, investors usually expect returns over the long term. Investment is the act of allocating funds to be used as assets with the hope of generating profits in the future. Investors can also manage their assets depending on the value being traded. If profits start to reach the desired point, investors can immediately sell them without experiencing any risk.

Another difference between gambling and investing, if you allocate $15 every week to place bets and then you don't win, the risk is that you will run out of all your capital. But otherwise, investors have various options to prevent loss of staked capital. Investors can set a stop loss on investments as a simple way to avoid risk, if the investment value falls below the initial price, investors have the opportunity to hold their assets until the value increases again to the desired point.
sr. member
Activity: 504
Merit: 283
March 14, 2024, 01:09:32 PM
#69

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

Yes, the benefits of my gambling is actually worth my investment both in time and money.
What are some of these benefits that I get from gambling
  • Unwinding after a long stressful day. It is better that drinking alcohol
  • bonding with friends. Yes sometimes I go out and gamble with friends. It helps out bond stronger.
  • Self-discipline - I learned self control and discipline from gambling too. Doing what I said I would do, when I should do it whether I feel like it or not. In the context of chasing losses or over gambling.
  • More knowledgeable. Yes it has made me to be more knowledgeable about gambling addiction and be able to talk about it to school kids, the dangers and how to stay safe which of course starts with not gambling until one is at least 21 years of age.

These are the benefits.

Anyone who says gambling is all bad is doing the wrong thing and needs some reorientation.
hero member
Activity: 2212
Merit: 786
March 14, 2024, 01:08:29 PM
#68
Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


This depends on the goal on why you want to gamble in the first place as the experience may vary.

If a person aims to gamble for the sake of having fun/entertainment, then profit is relatively important to him/her as satisfying such urge would be enough for him. Obviously, if a person aims to gamble with profit in mind, then winning is the aim.

To answer your question by providing a background above, investing your time in gambling CAN be profitable but it is essential that you only do this for short-term. With the presence of house-edge on gambling platforms, it is but natural for them to have the competitive edge in the long-run due to statistics alone. But if you have the discipline of knowing when to stop your gambling games, then you may squeeze every win that you experience by stopping, thus making it profitable on your end.
hero member
Activity: 2632
Merit: 613
Leading Crypto Sports Betting & Casino Platform
March 14, 2024, 12:53:50 PM
#67
Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


First of all, this is not how gambling works and especially if you want to make money through gambling then it is not that you put more amount in a bet in the hope to make more money. If you approach it like this then there is a high chance that you will end up losing more money than winning.

If you really want to be a successful gambler, then you need to manage your risk and the risk cannot be managed if you put a lot of money into a single bet or single gambling game. Although there is no hard and fast rule on how much you should bet with, but if your approach is to become a millionaire in a day then you will end up getting nothing. Only slowly and steadily you would be able to gain some wins.
sr. member
Activity: 532
Merit: 390
March 14, 2024, 12:08:30 PM
#66
As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

This has a lot to do about the purpose for you being a gambler, are you doing it only because you needed money to sustain yourself or you are gambling as a means for an entertainment, this will determine the way you will see loosing while gambling as being hurting or something you less have concern about, but it must be cleared to you that gambling is not a business venture or an investment whereby you expect a daily return from.
sr. member
Activity: 1512
Merit: 351
★Bitvest.io★ Play Plinko or Invest!
March 14, 2024, 11:42:50 AM
#65
Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

We do actually gamble for fun and winning is just a bonus. Though this depends on how we see gambling ourselves whether it is for fun, income etc. we don't intentionally invest in gambling and for me it is just a fee on how much fun we wanted but the money and we should only use our extra money and time not the hard earned or loan money and all our precious time. This all about time and money management that is why we put limits into it. If we enjoy the game then it's worth it if not then that's seems a different story.
hero member
Activity: 1246
Merit: 560
Bitcoin makes the world go 🔃
March 14, 2024, 11:27:25 AM
#64

with knowing that your chances are Just 50/50?


Your chances are not 50/50 in gambling. Maybe the outcome is 50/50 because you can either win or lose but your chances on winning is depends on what game you are playing because each game has different odds.


Quote
Do you think that the benefits in gambling Worth the invest of your money and your time

Gambling should be use as source fun and entertainment. You are going to an addiction path if you are sacrificing everything that is important to you just to play gambling that we all know your chances of winning is very small. It’s not worthy to invest time and money on gambling because it’s not an investment tool!
sr. member
Activity: 1974
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
March 14, 2024, 11:13:28 AM
#63
Gambling exists in a curious purgatory between leisure and financial ambition. It beckons with the allure of instant wealth, a casino mirage shimmering in the desert of our everyday lives. Yet, the odds are stacked cruelly against the gambler, a constant undercurrent of risk threatening to sweep away any potential gains.

For those seeking financial security, gambling is a siren song best left unheard. It's a pursuit painted in shades of red, where losses are the norm and victories fleeting exceptions. The time and resources poured into chasing a lucky streak could be far better invested in building a secure financial future.

However, gambling isn't entirely devoid of value. It can be a momentary escape, a thrilling rollercoaster ride into the unknown. A small stake can transform a night out into a shared experience, a story to be recounted with laughter or groans depending on the outcome. The key lies in recognizing it for what it truly is: a fleeting entertainment, not a path to riches.
hero member
Activity: 1260
Merit: 503
Leading Crypto Sports Betting & Casino Platform
March 14, 2024, 10:49:35 AM
#62
As everyone knows the goal of betting is to get the largest amount of money ,
For some people, this is just a secondary goal their goal is to enjoy playing and take profit when there is an opportunity to win money but it's not the main goal for some.
Yes, but it only for small part because most gamblers don't really spend time in gambling with the aim of achieving enjoyment but to be able to pursue their dreams of winning big or even changing their lives in the hope of getting the jackpot.
If the goal is wrong then it is clear that gambling is just place where you can quickly spend money and forget about time, there is ambition that brings the gambler feelings to be able to continue to survive by pursuing victory or profit.

knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.
Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

It is human instinct to take a chance to double what they are betting even though the house has the edge, people are thrilled with the challenges it's what makes us alive, if you happen to visit a physical casino you will see people's faces on how they are excited and thrill on every roll and bet, some people derive their pleasure from gambling so gambling has benefits for these people.
Gambling produces dopamine in the brain, which is a reward system that makes gamblers thrilled and got their pleasure.
It just that the risks and opportunities in gambling are always different, in fact every gambler will find differences in the risks and opportunities they get.
However, it cannot be denied that the house always has an advantage and the gambler is the only party who will always suffer losses from losing money every time.
Everything will be different if there is the right approach and goal, for those who can have the right goal and approach will always be able to make the best use of their time and money or even understand that this is just paid place to get pleasure.
Thinking about spending time and money in gambling with the aim of making money or profit is just the thinking of those gamblers who are filled with ambition.
legendary
Activity: 3122
Merit: 1171
March 14, 2024, 10:44:30 AM
#61
Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

If the benefits are a little relaxation and fun then gambling is worth my time and money. 50/50 chances look great actually, because some of us like to have fun chasing some higher multipliers, and when we choose to play slots chances for winning something great are very low as well.

As it's stated many times, gambling should be all about fun & games, and it's like that if we spend some money we can afford to lose. We can discuss that money can be spent for some better things, but it's individual... while some people enjoy going out and partying some people enjoy spinning slots and betting on other gambling games. At the end of the day, tastes should not be debated, everyone has the right to spend their money on things they like.
full member
Activity: 644
Merit: 152
★Bitvest.io★ Play Plinko or Invest!
March 14, 2024, 10:34:42 AM
#60
if you gamble for fun, then you will not consider how much money, energy and time you have spent on gambling. because if you keep calculating this and thinking about it day and night, in the end it will only drain your energy and there is no benefit from gambling in a situation like that. because gambling should be able to give us passion and excitement which can improve our mood. even though at some time we will lose, that's gambling, and if you are a responsible gambler then you don't worry too much about it.
hero member
Activity: 2870
Merit: 642
March 14, 2024, 10:17:51 AM
#59
No. And what you are saying about the risk not changing is incorrect. Try playing Crash and you will see.
When there are high rollers betting the game crashes so fast that it cannot even go to x2.00. But when there are small bettors left in there, it can go up to x2000. Imagine a gambler betting 1 Bitcoin, do you really expect the gambling site's system to just let it go up to x100 - x1000? I don't think so.
You bet high, chances of getting high multipliers also gets slimmer or the gambling business will go bankrupt in a rush.
sr. member
Activity: 2338
Merit: 338
March 14, 2024, 10:06:51 AM
#58
First, gambling ≠ investment.
At least for most of us, but there are gamblers who considered it as an investment as they are making money from it. Successful poker players makes money using their skills, i think they can be proud to say that they consider gambling as an investment, the same goes with successful sports bettors as well.

If you don't believe that skills can help you win in gambling, then you will always believe that "gambling ≠ investment.".. (as you stated).


Second, gambling isn't 50/50, it's mostly 49 (gambler)/51 (casino).

If there's a house edge, Yes!


So if you think the amount you spent is an investment and you will able to beat the casino because both of the party have a same winning chance, you're completely wrong. Gambling is only for fun, where the amount when you lose or win will not harm your daily activities.

Again, this "skills" thing is not applicable against a casino as no one could beat long term a casino that has a house edge.

full member
Activity: 238
Merit: 152
Duelbits.com
March 14, 2024, 09:58:56 AM
#57
Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

Sometimes it's dependent on the outcome, if the outcome or the expected outcome is really big then it could be considered worth the while but then probability attached to it has always made it feel different that you may not really want to risk it because you feel it's too risky to invest thst much especially when you loose its even a worse feeling. Before you gamble it's actually important you make this kind of analysis as to if it will be worth the while or no and that will determine the kind of risk you will be willing to take on any of such games.

Before you risk any amount check the risk to reward ratio and If it will means that your losses will be minimal as compared to your wins then it's could be considered a fair deal but of your losses will out weigh the win than it's never a deal to consider because it's not balanced at all. Gambling with your risk to reward ratio been considered is a go strategy to help you know how well to still consider gambling.
hero member
Activity: 770
Merit: 556
March 14, 2024, 09:25:59 AM
#56
First, gambling ≠ investment.
Second, gambling isn't 50/50, it's mostly 49 (gambler)/51 (casino).

So if you think the amount you spent is an investment and you will able to beat the casino because both of the party have a same winning chance, you're completely wrong. Gambling is only for fun, where the amount when you lose or win will not harm your daily activities.
sr. member
Activity: 910
Merit: 290
March 14, 2024, 09:20:54 AM
#55
Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


Hi, For me as a gambler and investor, I don't look at the time I spend on something, I look at its outcome especially when I finish doing it, and another thing, I don't treat gambling as part of income or some kind of investment, I'm doing it for my own pleasure and to challenge myself since I'm just doing it as a hobby or one of may pass time. Maybe I can only say that the time I devoted to gambling was worth it when I won big or I was satisfied with the enjoyment and excitement I felt.


That is the best option of all, seeing the game as a hobby option, keep in mind that in most cases things can become very difficult if we treat the game as if it were an income, job or something where it gives money, it is o The worst that can be done, I have always seen things like that, the game has to be something to have fun, not take it as if it were an investment or something like that, because it is basic that things that risk money cannot be treated as if it were something certain ,because it is easy to lose money there.

If we look for a way to make money, I think that taking it as a hobby is the best possible, but always controlling myself in everything, because money is what is spent the most, and it is what we must take care of the most, for that reason we have to Take care of our money, do not make use of money as if they were worthless papers in a casino, each dollar of ours is very valuable, because in casinos each dollar is not given away.
sr. member
Activity: 1652
Merit: 298
March 14, 2024, 09:09:23 AM
#54
Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


It shouldn't really be about making a huge amount of money and forgetting that it's all generated mostly for fun and entertainment,when you make it seem that way your opening the floor of loosing your money to it because your mind is set to explore and make more money out of it which makes it not worth it.
But looking at the fact that you can feel relaxed when doing so cause you ain't putting more money to it makes it all better and suitable.its only one who's idle and greedy about making money by all means that will take up such task.
So the benefits your talking about it's not profitable as whereas gambling is not an investment platfor that you invest your time and money,so it doesn't worth any benefits it's just for fun.
hero member
Activity: 3010
Merit: 604
March 14, 2024, 09:01:28 AM
#53
Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


50/50 chances means you are gambling. Although per books it could be 50/50 but you have to be confident that you have over 50% win rate so you'll end up winning in the long run. You can squeeze the juice if you want, make it result to a bigger odds so you need just 51% to be profitable. Most of us bet on 1.90, that is 10% juice for the bookies, but we can eliminate tthat if we bet on 2.00 odds every time, with the right bankroll management and 51% win rate, we will be profitable in the long run.
sr. member
Activity: 966
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
March 14, 2024, 08:27:05 AM
#52
Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


Hi, For me as a gambler and investor, I don't look at the time I spend on something, I look at its outcome especially when I finish doing it, and another thing, I don't treat gambling as part of income or some kind of investment, I'm doing it for my own pleasure and to challenge myself since I'm just doing it as a hobby or one of may pass time. Maybe I can only say that the time I devoted to gambling was worth it when I won big or I was satisfied with the enjoyment and excitement I felt.
hero member
Activity: 2828
Merit: 575
Leading Crypto Sports Betting & Casino Platform
March 14, 2024, 07:20:41 AM
#51
As everyone knows the goal of betting is to get the largest amount of money ,
For some people, this is just a secondary goal their goal is to enjoy playing and take profit when there is an opportunity to win money but it's not the main goal for some.

Quote
knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.
Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

It is human instinct to take a chance to double what they are betting even though the house has the edge, people are thrilled with the challenges it's what makes us alive, if you happen to visit a physical casino you will see people's faces on how they are excited and thrill on every roll and bet, some people derive their pleasure from gambling so gambling has benefits for these people.
Gambling produces dopamine in the brain, which is a reward system that makes gamblers thrilled and got their pleasure.
Pages:
Jump to: