Gamblers lose more money than win. - page 10.

CODE200

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Quote from: ice098 on November 17, 2020, 09:30:57 AM

Quote from: Gotumoot on November 17, 2020, 02:30:52 AM

For me there wouldn't be a problem with it as long as the gambler is only playing with their spare money,
But if they would gamble with more than just their spare and it would affect their family then it would be problematic.
I think gambling should be fun and all but if we couldn't control our greed then it is better to quit before you destroy your life.
I could agree with the title base on my own experience I lose more than winning in my gambling time.

Well for me once a gambler were really hooked up with gambling they cannot observed that they were getting lose their money more than winning. Well its because they are now enjoyed their gambling activities. And for me this is a dangerous feeling that a gambler should have because this is the beginning that a gambler being addicted with gambling, this is were the gambler enjoyed playing than being concerned with its loses ahead. That's why it might be true that gamblers loses more money than winning it.

I'd say not enjoying the activity but rather, having the urge to regain the loss, to why gamblers do not notice their losses everytime they are playing. Ofcourse they are aware that they lose but the amount of loss is another thing. It is like a "reset" concept when a gambler experience winning. He will have thoughts that he already gained the losses but the reality is that the losses are still bigger than what he won, except for those who won big time. Addiction is simply not being cautious of the risks, you are just focused with the aim of fulfilling your goal and in this case, that would be winning.

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Now you can bet without losing.

Bookmaking was design to favor the bookies, more than 80% of punters loses their money in the long run, but all that is about to change.

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Quote from: Renampun on November 17, 2020, 09:57:14 AM

Quote from: Fundamentals Of on November 17, 2020, 09:38:33 AM

Of course. This is true or else there won't be any single casino standing at this point in time anymore. But the opposite is happening. Casinos are not just multiplying fast, they are also growing from houses to gigantic structures all around the world. This is one hard proof that gamblers are losing money more than winning. It is only either that or no more casinos. Again, casinos are increasing in numbers.

gambling will always be a profitable business...
out of 100 gamblers maybe only 10 or 15 wins, the rest, of course, lose. but the gambling business has created employment and income for the state which welcomes casinos. gambling will not disappear, in the future, it will increasingly evolve by utilizing new technology.

With such a high returned of investment, casino owners will continue to multiply.

It will not disappear in any chance, they will just continue to enhance and improves as competitions are getting harder, they needed to entice gamblers to keep on coming back. Strategy that really works from time to time, allow gamblers to feel that they are comfortable given them the chance to win some may win huge but for sure will comeback and lose everything all over again. This strategy will continue to work for the ouse owners unless gamblers learned and master the act of control. which very faraway in most of the gamblers.

hahay

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It is like that and even though gamblers have realized about gambling is more to losing than winning, but when the gambler gets a win even though it is a small win it will still make him happy. Maybe only some feel that, but at least it is also a proof that gambling is about fun even though indeed, fun in gambling is something that is hard to get. No matter how often you gamble, it will still make you lose more, because the expected results from gambling will not always be the same as expected.

Renampun

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Quote from: Fundamentals Of on November 17, 2020, 09:38:33 AM

Of course. This is true or else there won't be any single casino standing at this point in time anymore. But the opposite is happening. Casinos are not just multiplying fast, they are also growing from houses to gigantic structures all around the world. This is one hard proof that gamblers are losing money more than winning. It is only either that or no more casinos. Again, casinos are increasing in numbers.

gambling will always be a profitable business...
out of 100 gamblers maybe only 10 or 15 wins, the rest, of course, lose. but the gambling business has created employment and income for the state which welcomes casinos. gambling will not disappear, in the future, it will increasingly evolve by utilizing new technology.

DeadCoin

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In common, plenty of defeats but a great player is really long perceived as numb all the time because the satisfaction to feel when winning is like a body benefits that more way and seems like the additional impact. Even more and more losing it is easy for all casino players so that lose to everything is a kind of a game. I saw the biggest power of gamblers in my country that almost all people are influencing to any kind of casino game, therefore, loss of money isn't difficult to understand.

Fundamentals Of

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Of course. This is true or else there won't be any single casino standing at this point in time anymore. But the opposite is happening. Casinos are not just multiplying fast, they are also growing from houses to gigantic structures all around the world. This is one hard proof that gamblers are losing money more than winning. It is only either that or no more casinos. Again, casinos are increasing in numbers.

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It is inherent. We do not need many factors to have this conclusion. If gamblers win more money than lose, there will no gambling industry for us.

Imagine that everyone is the winner, how can money automatically generate. In general, money flows from this person pocket to others in gambling. Therefore, there must be losers so as everything can run smoothly

ice098

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Quote from: Gotumoot on November 17, 2020, 02:30:52 AM

For me there wouldn't be a problem with it as long as the gambler is only playing with their spare money,
But if they would gamble with more than just their spare and it would affect their family then it would be problematic.
I think gambling should be fun and all but if we couldn't control our greed then it is better to quit before you destroy your life.
I could agree with the title base on my own experience I lose more than winning in my gambling time.

Well for me once a gambler were really hooked up with gambling they cannot observed that they were getting lose their money more than winning. Well its because they are now enjoyed their gambling activities. And for me this is a dangerous feeling that a gambler should have because this is the beginning that a gambler being addicted with gambling, this is were the gambler enjoyed playing than being concerned with its loses ahead. That's why it might be true that gamblers loses more money than winning it.

XZERO1

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Well, people gamble because of that huge dopamine rush that they get from it and if you are gambling to make money or looking at it as a way of making money or a source of income then you're doing it wrong, gamblers should change their perspective about gambling and only look at it as an entertainment, just like when you pay to get on a roller coaster and when the experience ends you end up with less money that you had before but I doubt anyone regret paying for that, I'm just saying you should not expect anything in return when you are betting so the amount that you bet on should not be that much that you worry about losing it a lot and it should be not more than you can afford to lose.

Gotumoot

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For me there wouldn't be a problem with it as long as the gambler is only playing with their spare money,
But if they would gamble with more than just their spare and it would affect their family then it would be problematic.
I think gambling should be fun and all but if we couldn't control our greed then it is better to quit before you destroy your life.
I could agree with the title base on my own experience I lose more than winning in my gambling time.

proTECH77

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Gambling is all about win or lose because not all game use to favour gambler all the time. Since we enter pandemic I came to discover that it hard for some gambler to win in this season we are than to see them loosing more money on their bet. Over 7 month now, it hard me to smile with my gambling which is not bring any good news yet but I have hope one day or some day I will smile.
Easy to lose but hard to win, to show that gambling is by experience not by qualifications you have in school that will make you win than to make you lose if you fail to apply experience.

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Quote from: covfefe_ on November 15, 2020, 09:13:28 AM

Gamblers loses more money than they win due to the house edge. You can get lucky some day, unlucky some day but on the long run you'll loss equal to the average house edge you play with.

that's why gambling sites never lose because what ever the outcome of the deals still they have house edges that will cover the payments of the bettors in case winning but if lose?then they get more than.

and also the fairness of each game,of course operators will not allow the gamblers to have big advantage against them.

Quote from: covfefe_ on November 15, 2020, 09:13:28 AM

Taking out profit and not coming back ever doesn't work with gambling as once people get the taste of it, they can't stay way, specially when they have won. The best way to limit your win or loss is to make your budget and limit, just like trading, you could make rules to take profit and loss on fixed percentage change.

Actually it is the beginners luck in which the reason why a first time gambler wanted or have a desire to come back because he already taste the win,not knowing that in long run majority of playing will be losing.

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Quote from: lebregone on November 16, 2020, 02:57:18 PM

92% are quite a huge amount of percentage but if their data is accurate then I have to believe it knowing that gambling is very addictive and if you don't know how to control yourself then you will end up being addict.

Seriously ?92% is very alarming and a sign that gambling is really not tended to make peoples life better,instead this is a clear collector or Our money and living.

But this is a serious problem of the world now,because while people losing money in playing they are also putting the economy down.

Quote

This is what I notice also but I wonder why most of the gamblers are losing money instead of winning.

because in gambling there is no total plan but only desire to win,so in reality this is advantageous to the gambling sites as they only need a defense to not lose in every betting.

KnightElite

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The data that I've been read before is saying the truth where it explaining why most of the gamblers are losing money and only few are really making consistent gains in playing games. Look at the casinos where they keep operating and making profits because there are gamblers who are losing huge amount of money. I forgot the percentage about the people who are usually win in gambling but let's get to the point where only few are making money in gambling. It is so sad to see people who are crying in traditional casinos because they lose millions where they considered it as their hard earned money. For me it is their fault why they lose because they do not have discipline and they are not prepared to the worst scenario that they face and it is to lose huge.

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Quote from: Genemind on November 16, 2020, 07:07:15 PM

The euphoria when winning in gambling makes gamblers stay and keep playing even though they know that they had been losing money. Only a few gamblers live the dream of getting out of casinos with a huge amount of winnings. As long as you are gambling the risk is eminent, win thousands of dollars today, keep playing and you will end up losing thousands more. This is the result of being uncontented, even those who had been winning a lot of money keep on hoping for more, and those who are losing keeps on chasing their losses. The result will be the same, casinos always win.

Perhaps, if a gambler knows that they need to get out of gambling after winning, it could reduce their losses and enjoy the win money. But the fact, many gamblers still playing gambling longer with the win money, and the result is they lose that win money with their initial money. That is a big loss because he can win some money, but he loses all money because of playing longer.

The risk of playing gambling is losing the money, but if we can't stop right away after winning, we will get another loss, which we can't imagine. The risk becomes bigger, and then losing money will become bigger too. In the end, the casino will take the money and comes out as the winner.

LogitechMouse

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The survey that the OP has posted is related to the gamblers who are gambling in casinos and he didn't include those who are gambling online but overall, the subject is very true and I agree with it.

This is the main reason why I don't want to spend too much money in gambling. I know that the money I put in the gambling site (I'm gambling online) has a high chance that will never go back to me again that is why I only spend a few extra bucks and its just for additional excitement while watching sports events.

Quote from: harizen on November 16, 2020, 06:52:02 PM

Well then, we can't control it. Let gamblers experienced the worst so they will know how to deal with it. If they will able to cope with the problem, then good. If not, then unfortunate to them.

Just like in investing, investors will not realize their mistakes if they aren't experiencing it and its the same with the gamblers. They will not realize and adjust if they aren't experiencing it.

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Quote from: kawetsriyanto on November 16, 2020, 06:58:48 PM

Quote from: Lordhermes on November 16, 2020, 04:40:30 PM

you will always get lost than win, if you are given 5 production matches, you will definitely get 2 correct and 3 lost. So in that case, the percentage of loosing over winning is pretty high,

Yep, it is the common fact that the chance to lose is surely higher than the chance to win. I think it is not about how hard your efforts, but mostly about the luck itself. Indeed, there are some games depending on the skills. Yes, the skills got from your efforts + experience. However, finally, luck always has a big role to win in gambling. While the luck doesn't seem quite big as the chance is a much lower.

Luck is just our last hope to win it comes to gambling in order to win especially when you are at pure luck-based games but that not just to stop there, instead, we make things also to enhance our winning stance by searching for strategies. However, this is not all about winning, some people are gambling for another reason, hang out with friends and just to please themselves.
But if we are just here chasing to win and aiming for the jackpot (which is normal) you'll be surprised that you lose a lot than times of winning.

Genemind

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The euphoria when winning in gambling makes gamblers stay and keep playing even though they know that they had been losing money. Only a few gamblers live the dream of getting out of casinos with a huge amount of winnings. As long as you are gambling the risk is eminent, win thousands of dollars today, keep playing and you will end up losing thousands more. This is the result of being uncontented, even those who had been winning a lot of money keep on hoping for more, and those who are losing keeps on chasing their losses. The result will be the same, casinos always win.

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Quote from: lebregone on November 16, 2020, 02:57:18 PM

92% are quite a huge amount of percentage but if their data is accurate then I have to believe it knowing that gambling is very addictive and if you don't know how to control yourself then you will end up being addict.

I know how addicting and risky Gambling is but 92%?is this really accurate?if this is true then it is better to call the gambling as GIVING game?as we are not really gambling but just giving our money to the site owners.

Quote from: lebregone on November 16, 2020, 02:57:18 PM

This is what I notice also but I wonder why most of the gamblers are losing money instead of winning. I don't know how the casinos do their job in order to make their players continue their plays, you maybe right that the casino owners are making us comfortable without being notice by the players. But I am not so sure if we can easily change our gambling style upon knowing these informations.

Because Each game that running in their sites are well evaluated and the Fairness is smaller than the house is winning.

This is how Gambling operator is bagging gamblers money.

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