Topic: Do the juice Worth the squeeze? - page 5. (Read 914 times)

If your intention is to make money then probably not, since the amount of time needed to make any amount of money is very high, and even if you were to achieve your goal, you will begin to be banned by casinos as they get to know that you are a professional player, making gambling one of the few professions in which get banned the better you become, but if your intention is to have some fun, gambling is without a doubt a hobby you can enjoy once in a while.

Investing is similar as allocating, so it's possible to use the word in so many ways. Even gambling in a casino and investing on an asset also have similarities because we are both taking risks when we do them and just like in gambling, we also invest or allocate a time for doing research and others when we invest on an asset and we are also being advised to invest only according to our own capacity.

Despite of it, there is still a fear but we need to face it if we want to grow our capital. I know this is funny but those who are more careful are usually the ones who are scared, while those who are reckless are not, though they also know how to feel a regret later on.

Nope, I disagree, so you can't claims "everyone" here. Getting the largest amount of money means you're trying to hit the jackpot or bet with max amount, I'm neither of them, for me winning some amount of money is enough.

If you're gamble just to earn money, don't mind to spend a lot of your money and time, it's not worth because you will broke.

          -    For me, it is not good to think of gambling as an investment because gambling is not a type of investment. Everyone also knows that gambling is a place to waste money in reality.
That's why it's only appropriate to make it an amusement place where whether you win or lose is fine with us.

And gambling should only be a place for us to relax or be entertained, because if we think that it is an investment, it can be said that the mindset of a gambler is wrong if this is his perspective on gambling.

Don't get it twisted, in gambling, we don't invest anything because gambling can't be considered as investment, if what you are risking on gambling is mind boggling for you then you should be turning that money into buying an asset or something that's worth calling investment.

Do you know the type of money that's fit for gambling? The kind that you use to buy biscuits for kids when coming back home every day after work, it's biscuit money, if lost there is nothing to regret there, it's not something worth thinking twice about.

See, I don't pity gamblers that lose money, if it's painful for you then you are risking too much, find a way to lower the amount and also lower your expectations, people like trying to solve a problem with more problems, we can see a lot of examples among gamblers today.

Because gambling is something that is closely related to luck, it is not good to use gambling as an activity other than an activity that will make us happy. For example, gambling as a place to make money, or even stranger as a place to invest. Unless we invest in the casino owner, perhaps that would make more sense, but the question is does a casino still need an investor? because they already have a lot of money, especially if we don't have a name that we can use as a promotion.
Wrong thinking patterns will give rise to something wrong, out of nowhere someone might think that gambling can be used as a place to make extra money. Do they really not know the risks of gambling or do they turn a blind eye to the risks involved in gambling?
Because I'm sure if someone uses their rationality, then they won't think that they can use gambling as a place to provide them with additional income. This is what ultimately makes people addicted to gambling, yes, they made the wrong way of thinking at the start so that made them take the wrong path.

It's up to a person. I gamble for fun, even though I do not always win. I do not rely or invest in gambling since outcomes are not guaranteed. It's just like flipping a coin, you can get heads or tails, simple 50/50. There are chances that you can win big and sometimes you can also lose money.

To make it simple, no, a very big no, gambling should not be treated as an investment. Although investing and gambling are similar in the sense that you can lose money from a wrong move or decision or by fate, the chances of losing in gambling are too much because you can only or mostly rely on luck, meaning if you are not lucky enough, don't bother to have hope that you will earn in gambling. Meanwhile, in investing, if you did this stuff correctly and with caution, you will have the guarantee of earning. It's much more worthy to allocate your time, effort, and money in an investment or business than hoping to win big in gambling that might not come.

There is also no guarantee that if you invest or start a business, you will be successful or that your life will change. It still depends on how you do in your stuff, but at least the margin of losing money is not too much.

I'm not the type of person who gambles to get more money than that. I gamble to have fun - if I win it's great, but if I lose it doesn't matter. Because when your main gambling orientation is to be able to get money from it, in the end you will be stressed when you find out that you are losing more than what you are getting. You also think about the time and energy you have put in, so that your gambling has no meaning other than making you stressed. So instead of me feeling like that, I'm not too money oriented when gambling and just gamble for fun.

Agree with this mate the purpose of a gambling is for fun to those gamblers who love the game. And also we are all know that through gambling we can feel happiness that we cannot felt from anybody. But we must all remember that we should not go beyond our limitations in order to still have the momentum in life or let say we have a discipline in ourselves cause if we don't have discipline then there's a chance that we got addicted and once that happen Many circumstances will come on us.

Don't ever consider gambling as your investment, because it's not.
You have to see this as a risky option to make money and that is not a 50/50 success rate, expect a lower rate especially on a luck based games.
If you are into gambling, always ask yourself if you can afford to lose the money and if you have the budget for this kind of activity. Investment should be rewarding and doesn't need to have a lower probability to make profit, gambling is gambling.

It's true, sometimes we just want to enjoy and there are those hardcore gamblers to make money. So I think it's worth of your time and investment as you can get something out of it. Although it is still money that we might not afford to lose, but that's up to the gamblers themselves to take that risk.

And we can't even consider it investment though, I mean when we gamble we all know that our chances are not that great. But still we take it and see if we can profit or not. But in investment there is what we call mitigation risk. We somewhat have strategies not to lose all our money.

That's not a really difficult question to answer my guy, if the lemon we're squeezing is gambling and the effort to squeeze is the investment that we put in it then I'd tell you that it's not worth it, you'd probably get a thimbleful at most and if you're lucky a small cup full but that's it, the effort that you'd put into it wouldn't be good, you'd be squeezing too much of the lemons but some of them don't really have the juice in them most of the time. It's a really good analogy on gambling and helps you visualize to some level how difficult it is to actually profit in gambling, that's why it's been recommended that you only gamble what you can afford to lose and not go all out just to be disappointed and lose your money and waste your time.

When I saw the title I thought it'd be about sportsbooks since it's another term for vig.

I'd say it's worth it based on how much you're getting out of the activity because not everyone gambles seriously and only aims for the profits. Others also gamble casually because it's still a good source of entertainment. They barely focus on the profits knowing you'd have to sacrifice more of your time to have a better record and even then it's still not guaranteed.

gambling is not an investment, it does not bring constant profits, it does not allow people to earn enough money to pay bills, that is why when a person wants to start gambling, then that person should think about playing just for fun, Obviously it's not about playing to lose, you have to think about winning. but the amount that this person puts into the game must be an amount that does not harm that person, the kind of money that the person can lose and will not cause him any fault. Preferably I always advise people to play with small amounts of money, for example if you like to go to the beach and other places to have fun and spend $40 in those places

so you know that the 40$ you used in those places will not come back, what you gained by going to those places was fun, so when you put 20$ in the casino you should also think in the same way that those 20$ you put in the casino will not come back , so the fun you got was the game you were playing. You can't think about things like putting in $20 and you're going to play to come out with more than $20 and with that you're going to make a profit, forget about that. At most, just think about playing to win a few times so you can spend more time playing without putting more money into the casino too soon. but always be aware that eventually you will lose everything you put into the casino and you will have to deposit more money again to play

and when you put more money back into playing, don't think about things like chasing profits, you must accept and accept losses, just deposit the money knowing that you will lose everything again and that the only thing you will gain will be fun. Look at it like when you play video games, you play and win but you don't play using money and therefore you don't win money, what you win is the fun, those moments of wins and losses and the challenge you feel when you're playing and what you win. Don't expect profits from gambling. forget it

Depends on your goal, I think. If you plan to get rich from gambling that only means you are willing to put that much time and money, taking the risk, to achieve such feat. However, as you've mentioned in gambling there is an equal ratio of winning and losing. Given that we're not in control of our luck, then you should have a large bankroll and patience to increase your chance to do so however, things will never still be guaranteed. Personally, I don't have such goal from this industry. Bigger expectations mean bigger things to lose in exchange of that. There are people who really won big time in gambling but only thinking of how manyn have failed or are continuiusly losing, I removed the part that I have hope to also do, in this industry.

Right now, I still mind earning profit but not as much as actually getting rich because of this industry. I prioritize being entertained than to be profitable. The goal is to avoid big loss than achieving big gains, simply because losing will be more certain in gambling. It would be much better to just accept a fact than to be hopeful for things we have no control with.

This is the reason why I always emphasize to myself and also to others especially my friends not to prioritize gambling activities, there is absolutely no benefit that you will get but will only trigger many problems in your life when you are too excessive and prioritize a place that should only be for a joke.

For me gambling is nothing more than filling time when I have free time with boredom and when I choose to gamble with the smallest possible budget that is just enough to keep me a little entertained, one of the reasons why I have absolutely no thoughts of gambling too seriously is because as the OP said that the odds are 50-50, meaning you might win or lose, both of these things are always unknowable because gambling runs randomly to determine who the winner is. and if you are too serious in treating gambling too seriously, it is because as the OP said, the odds are 50-50, meaning you might win or lose, both of these things are always unknowable because gambling runs randomly to determine who the winner is, And if you are too serious in treating gambling like gamblers who have the intention and purpose to earn then actually the opposite will happen where you will actually lose a lot of money slowly which sometimes you don't realize and not only that because in terms of time you will also lose a lot of valuable time and maybe that time will produce something more useful if you fill the time by doing other things.

I Don't think or have considered predicting matches a waste of time cause I actually like this part, they are so many times that I didn't play or stake the games or matches I predicted but I did it just cause i enjoy doing it, sometimes just to check my accuracy and other times to just play around.

Gambling Is clearly a game of luck and nothing sweets more than winning, so it's worth it in a way the time and money that is used, just don't let it become habit cause it can lead to financial harm.

For some people, it is actually worth it, despite the losses they experience, which they don't sometimes pay much attention to, but if you must know, not everyone is gambling all the time. Normally, there is no one who is just gambling for the purpose of making losses and throwing away their money. Every gambler wants to win while gambling, but not every gambler is very (100%) concerned with gambling and making profit. Some people just take gambling as a casual activity that they can do to have fun, and if they are lucky to win, they will be happy, while there are people who are very dedicated and obedient to gambling. Those people who take gambling as a thing of fun gamble less and stake the amount they can afford to lose, and some of them also gamble occasionally, while those who are fully dedicated to gambling have different habits; some have very terrible habits of gambling more than the amount they can afford to lose, and some are also taking loans to gamble. 

There is not only one kind of gambler; everyone who gambles has different habits and lifestyles for how they handle it. Some people usually get lucky, and it pays them off, but this doesn't happen all the time. Take, for example, the man who gambled with his entire savings on the Q slot game and was lucky to win. 

You are on the wrong side of understanding what gambling really is, if you think that's an investment.

Even how much money you put in gambling, even how much seriousness and focus you will apply here, you can't treat gambling as an investment. An investment is supposed to give you sure returns with a sense even if we are also facing risk here. In gambling, the only result you will always get is losing most of the time that's why it should not be treated as any form of investment.