Gamblers lose more money than win. - page 14.

peter0425

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Quote from: emmybd on November 15, 2020, 09:48:36 AM

IT is a faulty thinking walking with belief that everyday gamblers leave card table or slot machine smiling, the opposite happens some days.

You can count in Hands those people from Casino that goes out smiling because majority of people are in bad mood as they are all losers.

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Wide range of studies reveals that gambling is not that simple, it encompasses both sorrow and joy. Truth is stubborn a lot of gamblers have suffered great loss, ranging from monetary value to real estate. Why gamblers lose more money than win?

I disagree,because gambling reflect depend on how we are dealing with this,If you are playing with the sole reason of wanted to win or even to become millionaire then there will be sorrow.

Oilacris

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Quote from: Oceat on November 15, 2020, 01:49:14 PM

It isn't the first time that someone knows it, gambling owners are making lots of profit from the people. Greediness is one of the reasons why there's a lot of people suffering from more losses than winning. Gambling is designed for entertainment purposes only if someone is thinking to make gambling as a source of income then he will expect the risk of losing more money in the process than winning. So in the long run casinos are still the one gaining the advantage.

Gambling wont be a profitable business if people arent greedy thats why those people who do invest into this business will really most likely to earn profit
due to this reason.

If we do try to look at on how many sites are existing nowadays or businesses neither online or offline then you can really tell that theres soo much
demand on it and generating millions of revenue.

This is why its pretty common that lots of people are losing because it give lots of profits to those who do built this kind of business
and also with the common line "HOUSE DO ALWAYS WIN".

Ryker1

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Well, that is the fact that gamblers have high losses than they won in gambling. But I think does not matter, as long as you are happy and have fun playing gambling, everything will fine with you. If I am a regular gambler, I will count my losses if how much it is --instead, count the amount that I won while gambling. However, counting losses will perhaps make you stress or depress that will trigger you to chase your losses. Just be it, gamble with fun, and don't think gambling is your source of income that you must be chase every loss you had.

wxa7115

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Quote from: emmybd on November 15, 2020, 09:48:36 AM

IT is a faulty thinking walking with belief that everyday gamblers leave card table or slot machine smiling, the opposite happens some days.

Wide range of studies reveals that gambling is not that simple, it encompasses both sorrow and joy. Truth is stubborn a lot of gamblers have suffered great loss, ranging from monetary value to real estate. Why gamblers lose more money than win?

I really think that this is just common sense really, the only times a gambler leaves the casino with a smile is when he has won some money or when he had such a great time that a small loss doesn't really bother him, but the rest of the time you're going to be mad because no one likes to lose and how mad and how depressed you are after you leave the casino is proportional with how much money you lost in that day.

Quote from: emmybd on November 15, 2020, 09:48:36 AM

Failure-To-Walk-Away: Gamblers spirit failure to walk away after win game, instead bet further with hope of more wins until the won money is finished. In 2009 survey findings by researchers from University of Stanford in California, found that around 92% of people who do casino gambling are addicted.

I really think this is the main reason why gamblers lose more money than what they would have liked, when they make the realization about all the money that they have lost in that casino instead of just having a desire to leave and accept their losses many have the opposite reaction and they want to recover some or all of the money that they have lost over the years, which as we know it's impossible, which makes them lose even more money in the process.

Hamphser

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Quote from: Poker Player on November 15, 2020, 01:59:37 PM

It is clear that casino games are EV - and that problem gamblers can lose a lot it is also true that the vast majority of players are recreational gamblers who have no problem with gambling.

However, I find it disgusting that casinos use tricks to hook people and make them gamble more because they are making problem gamblers fall even deeper into their hole.

And that what make them profitable and to know that this is a business then its just normal for them to do all sorts of things to hook up customers no matter what
and actually this is really just for entertainment purposes but people do tend to go overboard when it comes into their habit on playing with it.
You would really become addicted if you do let yourself play too much into this which you would really need to have some control so that you wont really have any problems.

Gamblers do lose more than win because of house edge but there are still some lucky fellas who do able to snatch out some serious win
but in the end of the line they do lost all of those winnings back to the house itself specially if their greediness calls out.

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Quote from: ecnalubma on November 15, 2020, 01:46:30 PM

Casinos are business and they will continue to make money every gambler plays. People think they can beat Casinos but rather they are victims of their greed, the feeling that you had already won but your not contented then you want to gamble more hoping to multiply you winnings but it in the end you’ve just lost it all.

It's everyone's weak spot when it comes in gambling, once we win we tend to try to play more to see if we will be able to acquire more winnings that somehow will soon to be a loss, worst all the money deposited will be lost. It's a reality in gambling that many are greedy and only few who are discipline will only have the advantage to win against the house.

fiulpro

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There are gamblers which are actually winning a lot and some of them are taking it professionally. You should understand for a fact that these are the tactics that the gambling industry uses. These kind of things are halted to a certain extent when we are using the online casinos.

The vibrant colors
The free food
The encashing machine too inside the casino that you are tempted to go for another round
Small small winnings after a series of losses

These kind of things are very common and therefore you have to understand for a fact that the industry uses your senses to make money : smell , sight , mind , music , taste , drinks , they all make you incapable of of making good decisions.

But if you study about it and if you are well informed then for sure you can win the game ! It's not a universal rule that you will loose.

https://youtu.be/_h76gu9rQLQ

This is a very interesting video for me ' try and watch it for learning the facts.

Poker Player

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It is clear that casino games are EV - and that problem gamblers can lose a lot it is also true that the vast majority of players are recreational gamblers who have no problem with gambling.

However, I find it disgusting that casinos use tricks to hook people and make them gamble more because they are making problem gamblers fall even deeper into their hole.

deadthings

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Ultimately, a casino or gambling site will always benefit. You have a large group of losers, and also a group of winners. No one is forcing you to gamble, it is your own choice.
It is better to start with small bets and then increase if you have more experience.

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Gambling is biggest industry and its works for millions too many peoples lost and very few win mean they have some good profit which helps them to sponsor too many events and players so its true if this all not happend then we not able to have many events and good players so this all is going for better and its nature someone win other losing in this mostly loses happen more then wins is not unusual.

Oceat

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It isn't the first time that someone knows it, gambling owners are making lots of profit from the people. Greediness is one of the reasons why there's a lot of people suffering from more losses than winning. Gambling is designed for entertainment purposes only if someone is thinking to make gambling as a source of income then he will expect the risk of losing more money in the process than winning. So in the long run casinos are still the one gaining the advantage.

ecnalubma

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Casinos are business and they will continue to make money every gambler plays. People think they can beat Casinos but rather they are victims of their greed, the feeling that you had already won but your not contented then you want to gamble more hoping to multiply you winnings but it in the end you’ve just lost it all.

Gozie51

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On a large comparison, loses are more than winning. Although people win but the rate of loses is higher than. For gambling, the owners make more money than the players and this tells us that it is a business. Business is for profit and owners do whatever it takes to get their profit, if no profit in the venture, they will pickup in it. It definitely means the owners should gain more than they pay out to winners.

onrise

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My personal experience is being that overall if I compare the win and losses in 2020 its more of a loss than win. I do maintain the list so that by each end of the month I know the status of my wins and losses. Also, this is the way which is helpful to me so that I do not get addicted and know exactly where to stop. though I play for my entrainment purpose and do not treat gambling as it is just to make money from it.

tyz

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For this I don't need any studies but actually only a clear mind. Why are there so many casinos (online and offline) that are able to spend a lot of money on sponsoring and advertising? Simply because it is extremely lucrative. And that can only mean that the majority of the players lose and only a small part wins. So it is clear that without luck and professionalism it is a losing business for gamblers, not for gambling sites. Whoever believes otherwise is a fool.

Yudhisthir

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Gambling should always be taken as an entertainment than on wining and losing and you'll not lose much.
Whether you win or lose, you'd never be satisfied. If you won, your greed would make you gamble more and may eventually lead you to lose more. If you lose, you'd always add that up even if you are winning and count yourself in loss and keep on going with larger bets which means larger chances of losing. Win or lose should not be taken seriously in gambling an gambling that much which you can afford to lose.

robelneo

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Quote from: emmybd on November 15, 2020, 09:48:36 AM

IT is a faulty thinking walking with belief that everyday gamblers leave card table or slot machine smiling, the opposite happens some days.

Wide range of studies reveals that gambling is not that simple, it encompasses both sorrow and joy. Truth is stubborn a lot of gamblers have suffered great loss, ranging from monetary value to real estate. Why gamblers lose more money than win?

It's a fact because if many gamblers are winning than losing, the gambling casino business will not look lucrative anymore, I notice your point are all about gambling in physical casinos, all your points are correct gambling casino operators employ a lot of strategies to make the gambler bet a lot, stay longer, the longer they stay is favorable to the casino, because in the long run, gamblers cannot keep up and there will be a point of time or their bet that they will succumb to losing, because of physical and mental tiredness, so don't be surprised if on your first visit in a gambling casino, you don't see windows or clocks.

Mauser

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Quote from: plvbob0070 on November 15, 2020, 10:44:05 AM

I think most gamblers are already aware that we lose more than what we win in gambling, yet we continue gambling because some gamblers want to get back what they lost. Like you have said, gambling is not simple because aside from playing, we also need to control our emotions, greed, and to have proper management of our funds. The factors you mentioned is a common strategy for casinos because that's their way to attract and lure gamblers to keep on gambling for them to earn more profit. But it's up to us how are we going to control ourselves from too much temptation.

I would argue that the majority of gamblers might lose on average over a longer period of time, but these loses are usually fairly small. The expected value on most games is usually 80-95 cents on the dollar. So if we gamble every month with 100 USD we should atleast earn 80 USD back. This of course is just the average gambler. There are also the lucky few who end up winning the jackpots and make a lot of money.

Becky666

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Quote from: cabron on November 15, 2020, 10:53:09 AM

Classy environment and women around, it's a perfect place to impress a woman with the huge bets you can do.

You just got my attention from the above line, the reasons why many lost in my presence are the listed in OP. In one of my favorite gambling casino here in Abuja FCT name withheld, women and freebies are always surplus and this has wrecked thousands of gamblers around the AMAC areas of Abuja FCT. Freebies are good but when including the women in a fancy gambling casino environment always bring disasters, i have witnessed this several times in my gambling history, and i won't gamble when there are such again. Impressing these feminist in gambling environments aren't a good stuff, anyone(gambler) can do the un-do per time. Don't remind me of my past Sad

fortunecrypto

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Quote from: emmybd on November 15, 2020, 09:48:36 AM

IT is a faulty thinking walking with belief that everyday gamblers leave card table or slot machine smiling, the opposite happens some days.

You can leave the table still smiling if you know how to enjoy the game

Quote

Wide range of studies reveals that gambling is not that simple, it encompasses both sorrow and joy. Truth is stubborn a lot of gamblers have suffered great loss, ranging from monetary value to real estate. Why gamblers lose more money than win?

That is why gamblers should first learn and understand that they should only gamble what they can afford to lose, if you don't make it your mantra, you will keep on adding funds until you realize that you have nothing left

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Casino Classy Environment: The influence of setup tricks such as beautiful-red-carpet, makes gamblers feel important aggravating passion to bet more and more at the end placing in unbudgeted money.

Casinos do this because you are their cash cow and they want you feel comfortable so you will prefer to stay on and bet more, people always want to be in a place where they are very comfortable

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Failure-To-Walk-Away: Gamblers spirit failure to walk away after win game, instead bet further with hope of more wins until the won money is finished. In 2009 survey findings by researchers from University of Stanford in California, found that around 92% of people who do casino gambling are addicted.

It has something to do with strike while the iron is hot and it's my lucky day thing, they always want to extend their winnings problem is they do not know where their limits are.

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