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Topic: Fate or lack of control - Gambling - page 10. (Read 12217 times)

sr. member
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May 04, 2021, 01:42:42 AM
I doubt that's the mentality of most gamblers, I believe most of the gamblers are responsible enough and have the basic knowledge that it's always impossible to get rich in gambling. Maybe they like to earn fast money as gambling can provide that if you are lucky, but they know they would not make it in the long run, unless a gambler himself is exceptional who can make a living in gambling, well, that's my dream though.
You haven't met a lot of gamblers then because contrary to you almost all the people that I knew during my gambling days are now either drowning in debt or are hiding from the loan sharks and in one case got killed. So I disagree with you about that part about gamblers being responsible.
hero member
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May 03, 2021, 07:59:17 PM
Gambling is like trying your luck on what is unpredictable. Whether you win or lose that's what your fate gives you. Gambling shouldn't be taken as a do-or-die affair whereby you must win. You win some and lose some but the losing is quite more than the winnings.
It's quite extraordinary to be winning always in gambling. Gamble when you're supposed to but not hopping on it for your daily income
making people rich quickly is one of the attractions of people to play gambling, but the fact is that very few people are rich just by gambling because we can see now that gambling will only create poverty in my opinion besides being rich, someone playing gambling only a place to find joy and when he wins it seems to be one of pride for him and when he loses, he seems to be challenged to come back to play and try to win so that this is what makes people addicted to gambling and difficult to stop, even though gambling is not a thing good and of course a lot of bad effects that will happen to those who are addicted to in gambling.

I doubt that's the mentality of most gamblers, I believe most of the gamblers are responsible enough and have the basic knowledge that it's always impossible to get rich in gambling. Maybe they like to earn fast money as gambling can provide that if you are lucky, but they know they would not make it in the long run, unless a gambler himself is exceptional who can make a living in gambling, well, that's my dream though.

Not at all because there are indeed people who do still push themselves on playing gambling because this is the most easiest way on making profits in a short span of time without minding
about doing some hardwork or some sort.

They do love the most easiest way which is on gambling and this is the reason on why gambling business is profitable because majority of people who had been dealing with it doesn't
really have that good self control when it comes to finances.

Fate has nothing to do with this because you are the ones who had been making it basing into your actions.
hero member
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May 03, 2021, 05:33:14 PM
Gambling is like trying your luck on what is unpredictable. Whether you win or lose that's what your fate gives you. Gambling shouldn't be taken as a do-or-die affair whereby you must win. You win some and lose some but the losing is quite more than the winnings.
It's quite extraordinary to be winning always in gambling. Gamble when you're supposed to but not hopping on it for your daily income
making people rich quickly is one of the attractions of people to play gambling, but the fact is that very few people are rich just by gambling because we can see now that gambling will only create poverty in my opinion besides being rich, someone playing gambling only a place to find joy and when he wins it seems to be one of pride for him and when he loses, he seems to be challenged to come back to play and try to win so that this is what makes people addicted to gambling and difficult to stop, even though gambling is not a thing good and of course a lot of bad effects that will happen to those who are addicted to in gambling.

I doubt that's the mentality of most gamblers, I believe most of the gamblers are responsible enough and have the basic knowledge that it's always impossible to get rich in gambling. Maybe they like to earn fast money as gambling can provide that if you are lucky, but they know they would not make it in the long run, unless a gambler himself is exceptional who can make a living in gambling, well, that's my dream though.
sr. member
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May 03, 2021, 04:00:28 PM
Gambling is like trying your luck on what is unpredictable. Whether you win or lose that's what your fate gives you. Gambling shouldn't be taken as a do-or-die affair whereby you must win. You win some and lose some but the losing is quite more than the winnings.
It's quite extraordinary to be winning always in gambling. Gamble when you're supposed to but not hopping on it for your daily income
making people rich quickly is one of the attractions of people to play gambling, but the fact is that very few people are rich just by gambling because we can see now that gambling will only create poverty in my opinion besides being rich, someone playing gambling only a place to find joy and when he wins it seems to be one of pride for him and when he loses, he seems to be challenged to come back to play and try to win so that this is what makes people addicted to gambling and difficult to stop, even though gambling is not a thing good and of course a lot of bad effects that will happen to those who are addicted to in gambling.
hero member
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May 03, 2021, 03:15:52 PM
....every gamblers that can play the game, control her buzz and manage fund is indirectly successful.
Every gamblers!? It's wrong to say this in gambling.
Why is it wrong to use the word every gambler?


I have tried the most varied techniques, always controlling my funds and placing bets as luck came to me.
The best I could do was take more time to lose everything I had or win less than I would have won if I had "bet like crazy" just when I could have won a big prize.
In gambling, nothing is guaranteed, which is why I currently only bet on sports games where I can have some control of events and not just depend on luck.
First of all, I don't like people using the word nothing is guarantee in gambling whereas your choice about the game and your fund guarantee even when the result turns out not to be friendly after all you choose what you wanted.
Second, you currently choose sport game to have some control of luck.
legendary
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May 03, 2021, 12:50:56 PM
....every gamblers that can play the game, control her buzz and manage fund is indirectly successful.

Every gamblers!? It's wrong to say this in gambling.

I have tried the most varied techniques, always controlling my funds and placing bets as luck came to me.
The best I could do was take more time to lose everything I had or win less than I would have won if I had "bet like crazy" just when I could have won a big prize.
In gambling, nothing is guaranteed, which is why I currently only bet on sports games where I can have some control of events and not just depend on luck.
hero member
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May 03, 2021, 12:24:31 PM

You make a good point but most people seem not to get the fact that fate, control, destiny, buzz and knowledge, etc nothing of it should be ignored or remove if we really want to be a successful gambler. Mind you, being a successful gambler is not measured by how many times you have won or hit the jackpot but how many times you gambling with been addicted or spend over your budget.
Why would really mind on being a successful gambler? This kind of venture isnt something that could really be good because not all would really have that kind of chance to become one.Hence,

the type of gambling game on where someone could possibly be successful is to those types where strategy could really be applied but for pure luck based type and thinking to be successful with  that

then you are just making yourself giving out some trouble for upcoming years. Dont rely on some fate or believe because you are the ones would be molding it along the way.
Only naive gambler will rely only on fate or believe about the game when the result are mathematically set up while the chance of winning in a single game is 1% but fate is still among the key features that shouldnt be excluded if a gambler want to be successful and whoen i said successful a gambler don't need to win always to be successful cause every gamblers that can play the game, control her buzz and manage fund is indirectly successful.
STT
legendary
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May 02, 2021, 08:08:52 PM
The eternal question or dilemma, is all fate pre determined and we are merely passengers in circumstance set long before we are even born.   This isnt even just a gambling question since all events in life involve chance, some slight timing can change everything.  I still have to conclude that a person makes their own luck, some are born in wealth and waste it anyway and I find thats the case with luck also.
  Its rarely going to be the case a person draws just one card win or lose, its a sequence to be handled and managed in size and frequency and somehow that can mean overall a person has some influence over their chances of gaining or losing.  It is still a game of chance so dont take it as too great an absolute determiner but in the river of life I believe we are still gifted with an oar to at least give some steering as to our direction.
member
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May 02, 2021, 06:50:44 PM
Gambling is like trying your luck on what is unpredictable. Whether you win or lose that's what your fate gives you. Gambling shouldn't be taken as a do-or-die affair whereby you must win. You win some and lose some but the losing is quite more than the winnings.
It's quite extraordinary to be winning always in gambling. Gamble when you're supposed to but not hopping on it for your daily income
legendary
Activity: 3108
Merit: 1138
May 02, 2021, 06:11:30 PM
Totally agree,fate just a excuse for us to console ourselves,the reason is lack of control,if you keep gambling without control,might be you could win one or twice,but you would lose finally. This is a normal phenomenon for a gambler.
Gamling just for fun,not for life.
That's just how things go, if you can't keep your gambling habits in check you'll just lose the winnings you get, somewhere down the line you'll be selling stuff that are dear to you but you would because you need to support your gambling addiction. You see instilling discipline to yourself doesn't just promote a good win ratio when gambling. It also assures you that your gambling habits are in check and you are not addicted.
Honestly, keeping one's gambling habit in check is not what prevents a gambler from losing her winning and I believe what's important is understanding the main concept of gambling when someone understands the fundamental aspect of things it easy to flourish through the thing.

It's very dangerous to mistake probabilities for fate or destiny. Just because we won in the past is no guarantee that we are going to keep winning in the future. I think that if we just rely on fate we are losing control of our gambling habits. It's up to all of us to remain committed to a good strategy and to not get hooked on gambling. A gambling addiction can be very expensive for us and ruin our families. We need to find a good mix between gambling and investing.
You make a good point but most people seem not to get the fact that fate, control, destiny, buzz and knowledge, etc nothing of it should be ignored or remove if we really want to be a successful gambler. Mind you, being a successful gambler is not measured by how many times you have won or hit the jackpot but how many times you gambling with been addicted or spend over your budget.
Why would really mind on being a successful gambler? This kind of venture isnt something that could really be good because not all would really have that kind of chance to become one.Hence,

the type of gambling game on where someone could possibly be successful is to those types where strategy could really be applied but for pure luck based type and thinking to be successful with  that

then you are just making yourself giving out some trouble for upcoming years. Dont rely on some fate or believe because you are the ones would be molding it along the way.
hero member
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May 02, 2021, 06:05:36 PM
Totally agree,fate just a excuse for us to console ourselves,the reason is lack of control,if you keep gambling without control,might be you could win one or twice,but you would lose finally. This is a normal phenomenon for a gambler.
Gamling just for fun,not for life.
That's just how things go, if you can't keep your gambling habits in check you'll just lose the winnings you get, somewhere down the line you'll be selling stuff that are dear to you but you would because you need to support your gambling addiction. You see instilling discipline to yourself doesn't just promote a good win ratio when gambling. It also assures you that your gambling habits are in check and you are not addicted.
Honestly, keeping one's gambling habit in check is not what prevents a gambler from losing her winning and I believe what's important is understanding the main concept of gambling when someone understands the fundamental aspect of things it easy to flourish through the thing.

It's very dangerous to mistake probabilities for fate or destiny. Just because we won in the past is no guarantee that we are going to keep winning in the future. I think that if we just rely on fate we are losing control of our gambling habits. It's up to all of us to remain committed to a good strategy and to not get hooked on gambling. A gambling addiction can be very expensive for us and ruin our families. We need to find a good mix between gambling and investing.
You make a good point but most people seem not to get the fact that fate, control, destiny, buzz and knowledge, etc nothing of it should be ignored or remove if we really want to be a successful gambler. Mind you, being a successful gambler is not measured by how many times you have won or hit the jackpot but how many times you gambling with been addicted or spend over your budget.
sr. member
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May 02, 2021, 01:10:33 PM
Always remember that controlling yourself is a must, why? because gambling responsibly is the most important since we are dealing with a high-risk activity here.
Yes, controlling ourselves will help sustaining in gambling. If we are going with lack of control then we can easily lose all our bankroll within blink of eye. Still, remembering responsibility and gaining all the control over what we are doing will not sure anything because just having these are all not enough for making profits in gambling but you must have another factor as well to make profits in gambling which must be your luck factor.

Your bankroll should always limited to your target and never to exceed from it.
I guess there cannot be any general rule for this. Because, I have faced losses even I was gambling with very small bet and with bigger bankroll. These are all few other factors which are having no relation with our success in gambling.
legendary
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May 02, 2021, 01:08:59 PM
As for the stock market, there are scientific studies (they are possible since the entire trading history is available) that show that shorting on average is unprofitable and buying is profitable.
Can you share the links to the studies, or where did you get that information? Because I've encountered the opposite: that short selling, though very risky, is more profitable. You just have to be an experienced enough trader. Of course, for a newbie, who doesn't yet see how the stock market functions and some general tendencies, can't expect certain price values it must be difficult, but is it unprofitable for the skilled traders as well?

Sorry, I cannot provide you with links as I read these studies in my native language (this is not English), but I think such information can be easily found through a search. On the other hand, how can you doubt this if it is very simple to open the chart and see that historically the market index is only growing? Despite temporary pullbacks.
legendary
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May 02, 2021, 12:15:06 PM
So, all strategies are not actually giving you control hence you must have your own control. After certain level of losses or profits, you must decide where to stop and when to resume and definitely not your strategy.
It's you who are in charge of yourself, strategy is made to win and it does not involve how to control yourself in gambling. Always remember that controlling yourself is a must, why? because gambling responsibly is the most important since we are dealing with a high-risk activity here. So to make it short, if you don't have control, you should not gamble since you will just likely ruin your life in gambling.
Sure thing to happened if you don't have any control with your gambling activities. Most of those who keeps falling from the wrong belief
that it's an easy access to earn money.

Instead of having some fun they chasing the quick profits. You win some but most of it you'll lose a lot, keep in mind that money is very important.

Your bankroll should always limited to your target and never to exceed from it.
hero member
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May 02, 2021, 09:07:38 AM
So, all strategies are not actually giving you control hence you must have your own control. After certain level of losses or profits, you must decide where to stop and when to resume and definitely not your strategy.
It's you who are in charge of yourself, strategy is made to win and it does not involve how to control yourself in gambling. Always remember that controlling yourself is a must, why? because gambling responsibly is the most important since we are dealing with a high-risk activity here. So to make it short, if you don't have control, you should not gamble since you will just likely ruin your life in gambling.
legendary
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May 02, 2021, 08:46:30 AM
It really is dangerous, it leads to chasing your losses, if it's your bad day accept it as it is, if it's your lucky then learn how and when to stop,
each day is very much different from the other day, take every game as it is don't try to win it's a luck based game, don't try to fool yourself that you can win by extending your roll, learn when to stop and how to stop
I'm following Martingale strategy which will be getting me profits only if I am extending my rolls; I mean even I am looking like out of control, I am still in control over my gambling and this way if I keep trying then I may get chances to recover my losses and also will get into profits. So, it is not only about when to stop but it is all about how you are approaching in calculated manner.
But, there are big differences between practical things and what we are having in paper/theory. Martingale strategy might be looking like giving you opportunities along with control but when you keep doubling your base bet, you may go running out of your bankroll that is the big problem of Martingale strategy. Now please tell me, how you will have control over your bankroll when you keep needing to double your base bet beyond your bankroll.

So, all strategies are not actually giving you control hence you must have your own control. After certain level of losses or profits, you must decide where to stop and when to resume and definitely not your strategy.
legendary
Activity: 2338
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May 02, 2021, 07:59:35 AM
As for the stock market, there are scientific studies (they are possible since the entire trading history is available) that show that shorting on average is unprofitable and buying is profitable.
Can you share the links to the studies, or where did you get that information? Because I've encountered the opposite: that short selling, though very risky, is more profitable. You just have to be an experienced enough trader. Of course, for a newbie, who doesn't yet see how the stock market functions and some general tendencies, can't expect certain price values it must be difficult, but is it unprofitable for the skilled traders as well?

I cannot give an example of a specific scientific study on this matter, however, the conclusions about the constant growth of the stock market seem logical to me.  

1. The modern economy is inflationary.  

2. We live in an era of technological progress.  

3. The world population is constantly increasing.  

4. The price of gold, silver, platinum and other precious metals is artificially constrained by the derivatives system.  

5. Investors, in an effort to preserve their savings, invest US dollars in stocks.  

6. Companies are constantly reducing their costs and maximizing profits.  

7. The number of consumers in the world is constantly growing.  

This leads to an increase in the capitalization of the stock market in the long run.
legendary
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May 02, 2021, 04:29:40 AM
I'm following Martingale strategy which will be getting me profits only if I am extending my rolls; I mean even I am looking like out of control, I am still in control over my gambling and this way if I keep trying then I may get chances to recover my losses and also will get into profits. So, it is not only about when to stop but it is all about how you are approaching in calculated manner.

Gambling is based on pure luck, I agree. But, there are methods are available to maximize the chances for your lack factor to favor you.

The Martingale strategy is a garbage strategy that only serves to risk an increasing amount of money for a minimum profit that is less and less compared to what you bet as you lose and have to double the bet.

And no, gambling is not a matter of pure chance, it is a matter of mathematics, the fact that you can not predict the results in the short term does not mean that it is not based on a mathematical certainty of the results in the long term.

sr. member
Activity: 1596
Merit: 299
May 02, 2021, 04:02:37 AM
It really is dangerous, it leads to chasing your losses, if it's your bad day accept it as it is, if it's your lucky then learn how and when to stop,
each day is very much different from the other day, take every game as it is don't try to win it's a luck based game, don't try to fool yourself that you can win by extending your roll, learn when to stop and how to stop
I'm following Martingale strategy which will be getting me profits only if I am extending my rolls; I mean even I am looking like out of control, I am still in control over my gambling and this way if I keep trying then I may get chances to recover my losses and also will get into profits. So, it is not only about when to stop but it is all about how you are approaching in calculated manner.

Gambling is based on pure luck, I agree. But, there are methods are available to maximize the chances for your lack factor to favor you.
sr. member
Activity: 2002
Merit: 269
May 02, 2021, 03:39:32 AM
It's very dangerous to mistake probabilities for fate or destiny. Just because we won in the past is no guarantee that we are going to keep winning in the future.

It really is dangerous, it leads to chasing your losses, if it's your bad day accept it as it is, if it's your lucky then learn how and when to stop,
each day is very much different from the other day, take every game as it is don't try to win it's a luck based game, don't try to fool yourself that you can win by extending your roll, learn when to stop and how to stop
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