Topic: Do the juice Worth the squeeze? - page 5. (Read 1379 times)

You got a lot of things about gambling wrong. First off, gambling is never 50/50 in the real world. In an ideal world, where people are good with playing fair and not winning what they could acquire through brute force or technicalities they imposed upon the game, this could be the case, but we all know it doesn't work that way, if it does then casinos wouldn't be a surefire successful business venture in the first place. There's a certain level of edge against the house or the opponent no matter how you look at it, sometimes it's explicitly mentioned to make sure they don't get hammered by the law, sometimes it's kept a secret from the player since they deem the prospect of the money worth more than the jail time they may suffer.

You also got the idea of risks wrong. Risks are ever-changing, and in the case of gambling highly-dependent on your capacity. In practice and in paper, you increase your risks by betting large, and lessen the risks you take by betting small. That is why it's always a bummer to lose a grand, and negligible to lose a dollar. You can earn the dollar back easily, you have to work for your paper if you want the grand.

The idea of the juice being worth the squeeze is a little too vague as well. Cause at the end of the day how worthy something is, solely lies upon the person and what they deem as worthy and not. In summary, this post is nothing but a baloney in my opinion cause you're blabbering things you don't know and saying things that are otherwise not true. what the hell man.

Some of us gamble for fun or to relax, you should know that if you are playing gambling then you aren't invest, you are risking your money with luck.
If gambling is taking so much time from you that it is affecting your daily life then you should quit or take a break.
We couldn't really say if the profit from gambling is worth it if it is already taking up too much time from you that you couldn't even focus on other things.

Risk will change with the amount of money you are putting because gambling is totally luck so you don't know that whether you bet will be right or wrong so if you bet by using large amount then you can loss amount at once if your bet gets wrong.

Gambling can become a cause to waste your useful time because you will try again and again but neither you will win nor you can leave your lost amount so it will remove your contemplation from useful work and will engage you in gambling. Large number of individuals are gambling just for earning but some of them are a part of gambling for entertainment.

Gambling allows for any amount of money, but the players care for a bigger win. Hence, they are tempted to wager huge money. Gambling is a game that requires steady observation of money wagered and won. Empowering only the wagering aspect of the game, without a level up to know the ratio between the lost and won money, puts the player in a deep loss. It's never simple to gamble properly with lots of money in the bankroll. When a player is monetarily equipped, his goal will be for bigger compensation from the casino.

The little wins wouldn't matter, unless he's been oriented on the necessity of wagering bit by bit, regardless. Any player that ventures into gambling, deserves to know the crucial importance of bit-by-bit long-term wagering motives. Financial problems have led many people into gambling, which is not meant to be a criterion for becoming a player. Desperation instead of aspiration as a gambler, ends up endangering the long-term good results a gambler expects. Looking out for transient results leads to addiction.

Yes for the problem of the impact they will experience always depends on how their point of view on gambling which will ultimately determine how they treat this activity, there are two choices and as you said above about whether they will treat gambling as a place for entertainment or to earn, all of this depends on how they address gambling activities from the beginning of the introduction which will also ultimately cause different reactions and responses when the situation of defeat.

But honestly in my opinion lately more people are trying to make gambling a place to overcome financial problems in the sense that they gamble to earn such as to overcome debt problems or improve family finances, however this is the wrong mindset and point of view on gambling which in the end proves that they even experience many problems in their lives, especially in terms of losing balance in finances because they are trapped in a cycle of addiction.

One of the reasons in my opinion is that during the introduction phase they only see gambling from one side and do not see it as a whole, especially from the possibility of risk, usually people focus more on "profit" so that it makes them feel excited because they think that they have found a good place to earn, this usually happens when a gambler manages to get his first win which in the end makes them lose a little awareness to think rationally that actually the possibility of risk can never be tolerated.

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.

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.

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.

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.

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.

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.

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.



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!

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.

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.

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.

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.

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.

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.

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).



If there's a house edge, Yes!



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

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.

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.