Topic: Don't Gamble with the intension of having fun but to make money - page 16. (Read 3004 times)

It is not even most gamblers do not make money over long term. It is most gamblers are losing in gambling over long term which is the right sentence to use for it. Most people that got addicted got addicted because they wanted to earn from gambling. There strategy will fail and they will look for another one and so on and they will continue to lose. Most among them will lose and later know that they should change and they will start gambling with small amount of money but around 20% of them will not change and get addicted. This is based on researches.

From my personal opinion I disagree with your statement.
If you consider gambling as an investment, it is clearly not an investment. Investment is something that is done in the long term or short term and you fully control your assets. While gambling is fully managed by the casino owner and you only come to pay to find pleasure.
Don't think of all of that as the same because it is all very different. If you really want to invest, everyone will prefer to buy BTC and hold it in the long term and the assets are fully controlled by ourselves.

Gambling = luck, and we must consider it just an entertainment by trying our luck in small amounts

Sorry but I will have to completely disagree with you, this type of mindset is what lead many people into gambling with money they should have used for something more important. Business is not the same thing as gambling, for in business, you invest in goods and have a good level of guarantee that you will get something back plus profit, where as in gambling, there is no such guarantee.

I can categorically tell you that some people will prefer to spend their money on movies because, in movies, they have guarantee of watching the movie they paid for and enjoying it, but in gambling, there is no guarantee that you will get any monatery reward back in return except having fun and enjoying the game.

So, it's better to gamble with the sole desire of having fun, enjoying the game for this is the only guarantee a gambler has in gambling, anything else, like making money from gambling is under probability, no guarantee, so better not to put your mind on it if you don't want disappointments.

The position of a person in poverty, sorry OP, is not an attack. Your incorrect thinking that gambling is not entertainment tells us that you do not allow any holidays in your life, places where you can and should spend some money. Gambling always tickles your nerves; for many, it is fun to pull luck by the tail and check how much it responds to us. People need to be distracted from the daily hustle and bustle, from the routine and regular thoughts about making money. As long as you think only about financial gain, your life will be very gray. Have you heard the expression that people need to have "bread and circuses?"  The second is entertainment, an activity where you can sometimes allow yourself just to throw away some money.

This is some kind of provocative post. Everyone understands that investing in random processes should not be seriously considered. And even more so, rely on chance to make money. No, this does not exclude the desire to make money from gambling. But it cannot be considered as a business for a gambler. This is a business for casinos. For the player, this is entertainment with a chance of profit.

Generally, everyone finds their own interest in gambling. There is no pattern. Any reason for this: excitement, money, entertainment, escape from problems, rest, etc. It can be either a single incentive for a gambler, or simultaneously combined for him in various combinations.

Buddy you should understand that gambling is not an investment, it is just an uncertain event that you put in your money having the expectation of wining though the truth is that many gamblers expectations once they place a bets or gamble in casinos is to win but the thing is since gambling is an uncertain even whose outcome is not predetermined, we have to gamble with caution, since we know that wining is not assured in gambling, it will be very good if we gamble with what we can afford to lose knowing fully well that we are dealing with something that it's returns is not assured like  that of investment, buddy the fact is that people still win big in gambling with smaller or big stake but the truth is that such persons was never sure of wining very big but there luck shined.

As for gambling for fun, I think everybody mindset is not the same, sometime ago I thought of this gambling for fun of a thing, i even argue that such doesn't exist but if you actually trace the history of gambling and where it started i think there are people who actually does that but they are not many, the percentage is very small, majority of gamblers gambles with the mindset of making money but gambling being like investment is what I don't concur to.

You need to differentiate between "investment" and "gambling". When you gamble, you are simply risking your money there in the hope that you will win from your game. But you have to understand that here you are playing against the house edge where your chances of winning are not that high. So it is not "investment" as you say, it is basically gambling and there is no guarantee that you can win here. If you feel that your hard earned money should come back to you more than what you gambled, then gambling is not for you and you need to change that mindset.

It seems like you didn’t really think this through before you created your post - gambling for fun is used so as to help gamblers remain ij check, the moment you go astray and start chasing for passive income via gambling that moment you’ve put your whole financial life at risk - since you’ll most likely increase the amount you spend on gambling.

Gambling for fun doesn’t take the chase if you winning away from you - like I said it only just keeps you in check.


Gambling is not an investment - I saw above someone sharing the link with you about what an investment is; you might wanna go through it and see the difference between what an actual investment is and what gambling is.

I'm not sure about this statement, i mean, a poker tournament can be fun and money if the consequence if you get to the end same with sport bets where you will enjoy a match more if money is involved. To see your favorite team win feels good, but win money while they win feels better.

So, gambling can be done for fun and not always for money, if you are chasing the money then go with a high multiplier and go all in, if your bet is lucky then just walk away with the profit.

It all depends on each individual how to deal with gambling because there are several reasons why they gamble, some just fill their free time by enjoying gambling games, including looking for sensations or just for fun, looking for new ways to fight boredom, relieve stress and gambling can lighten the mood, looking for opportunities to beat opponents, socialize or just test our luck with the skills we have.

Gambling will not harm us if we deal with it and play with full awareness and also use money that we can afford if we lose, and in my personal opinion gambling for fun is the same as going to a bar or other nightlife venue using a few dollars just to have fun and relieve stress after being busy with work and it will make me happy and forget about it. And sometimes in that way I can get lucky.

Easy to say, but it's hard to do. I've gambled as well and had that kind of thinking, but there are times where I went from gambling from fun to gambling for the sake of profit and of course, I end up losing because I'm always not contented with my profits. That was when I'm still a newbie in gambling.

Gambling for most especially for the average people are an avenue for them to make money and that's how they see it. Can't blame them of course and the only way for them to change it is to let them experience that making profit in gambling isn't as easy as how they think. For most of the time, those rich people who don't even care about losing their money are the ones that have this kind of thinking where they are gambling for fun. Most are gambling for profit.

I'm a bit intrigue though as the last part where you said that gambler must see it more like an investment. Care to elaborate this to us.

I think the complete opposite.  I gamble for fun.  People spend money to go watch a concert why cant i gamble for entertainment.  Whether i spend $200 on a comcert or $200 gambling if they both entertain me then why not?  If you plan to gamble to make money, it will cripple your mental health.  Most gamblers over the long term dont make that much money.  The highs and lows emotionally arent worth it.

But in the end making gambling as a suggestion to make money is an action that is naive even impressed to impose the will we have in the end.

Does not mean we really cannot get the benefits of gambling that is done only we need to realize that things like gambling are a game and in the end the game that is managed by the dealers as a means of their business, of course, we will realize that in the end things like that will not can be used as a source of income because we are only players from the business that the dealers make and the concept of the players will always be under the dealers because their different positions will continue to happen so expecting a profit let alone make this as a means of income is a thing that is too imposing for me .
Not that we do not expect the victory of the gambling that is carried out but in the end BKITA also must try to reduce our expectations so that this does not become an ambition in gambling that makes us forget that we are only players who are ready to run out of money at any time.

Question is whether it is possible for gambler to make money actively from gambling, this is not talking about one or two individuals but all gamblers, I have gambled for long time and know quite lot of gamblers around me who if calculate the number of loss and win show more loss.
If gamblers can continuously make profit and everyone does it, it is clear that the casino will go bankrupt because of loss, you should think this far and really consider how the results of gambling really are, making money from gambling is not as easy as what you say.

Actually, that is not correct... When you take money and spend it on things you are either investing or simply paying for a product or a service. I would not call to buy food an investment or paying to go to a cinema and watch a movie to be an investment, and hence the latter example of paying a ticket to watch a movie is quite analog to what gambling is supposed to be if we want to be responsible in the long term.
The gambling budget is the same as the cost of a cinema ticket, as soon as you send the money and get the ticket you do not expect to get your money back, since you are paying for entertainment.

If you continue to chase money on casinos, you are unfortunately going to end up with no money and also with extreme disappointment, you must remember there is a edge the house puts on place for the sake of profitability...

Not everything you put your HARD EARNED MONEY into should actually be considered to be an investment, where did you even get such perspective from? Personally I think this post is rather misleading as you’re directly advising people to consider gambling as an investment that has the potential of returning back some income or maybe even making them rich one day, because that’s what investments actually do.

For something that is as unpredictable as gambling, something that no one in the history of gambling has been able to develop a perfect strategy that guarantees consistent profits, i think you’re simply just trying to lead naive gamblers into their doom, because there’s no possibility of considering gambling as an investment and actually making steady money from it as investments usually returns profits constantly to investors.

Then expect that your investment will have losses rather than profit, and perhaps even more. Since you're expecting profit and you got loss instead, you will also get disappointment, frustration, and the like. You will continue to pour in money just the same because it's an investment. In the end, you might get addicted and lose everything-- money, properties, family, job, and so on.

The mathematics in gambling says players will lose and operators will win. So, how can you treat gambling as an investment?

'I dont know if this post is really just that some sort of being sarcastic or really that telling about that gambling to be some sort of investment? hahaha. Of course gambling was being that created for the sake of leisure and this is something that people should be sticking on. At the moment that you've been treating it up to be some sort of investment then you do really end up on a disaster because you do keep on pursuing up things accordingly. The only time that gambling could be an investment is whether you are the owner of the said casino or you do have some bankroll investment with it on which we know that it isnt that common or possible nowadays. Wayback into those early years where crypto casinos had been starting up, you can be able to see some platforms offering some bankroll investment on which this is the time we can consider it out as an investment.

If you are really just that a player then its truly laughable that OP is really that considering it out or trying to say that we should be treating up this way on which i dont know if he's serious on what he's talking. Totally misleading we can all say because we do know on whats gambling is all about and on the things that i had mentioned above.
Gamble for fun period. Never ever take up another step or treatment towards it because it will be causing up that huge problem if ever you do made out some wrong treatment towards it.

When I play in a casino, it is to win, there is also fun involved but as a player you will look to win, but those who want to romanticize what they see as an investment, it is not right, in gambling it is not an investment, it is a give and take, if you put money in you may lose it or it may multiply depending on your luck, but gambling for fun is what is handled worldwide to be accepted, few say the truth that they go there to win money, it makes them ashamed, and it must be said, they gambled to win money, that you must have money and be careful yes, because things can get complicated when they don't go well or you spend more money than normal.

Gambling belongs to the sphere of services aimed primarily at entertainment and should not be perceived as a business for making money. Since gambling, with the exception of sports betting, depends primarily on luck, you cannot be guaranteed to make a profit on your investments.