Topic: Gamblers lose more money than win. - page 4. (Read 27622 times)
In gambling world most of the player are losing a lot of money compared to the winners, but there is some gambler is win more than their lose but mostly those player is the lottery winners. Also in my thinking only the owners of the gambling sites are surewin or they get a lot of profit everyday. So if you do not want to lose money don't play or minimize playing gambling games.
Casinos are not created for their users.
It is created for the profit of the owners and its investors. That is why these owners and these investors don't care whether people are destroying their lives in these games, at the end of the day it is still a business. If the gamblers will not be able to control themselves, they will obviously fall into that pit with regrets and a lot of losses.
Business is business no matter what’s the situation of a users or investors they are their to earn money. As a user it is our responsibility to manage our finances when it comes to play in gambling. The more you play the more loses it encounters because of no self control, greed, and play gambling with money that can't afford to lose. Indeed not a fault of the owner rather a fault of a user with a gambling problem. It is created for the profit of the owners and its investors. That is why these owners and these investors don't care whether people are destroying their lives in these games, at the end of the day it is still a business. If the gamblers will not be able to control themselves, they will obviously fall into that pit with regrets and a lot of losses.
That is true.
It is not these businesses/casinos that will be taking care of their people. If there seems a problem or an effect on the people, the government is the one that would make a law or maybe put a limit to these things. There are countries that include gambling addiction as their problem, hope there are a lot of people that would be helped by these programs or laws.
~snip~
Gambling is here to stay and the same for their users and that's why many casinos are also being created. While the old and existing ones becoming stronger and staying in the industry for the better. It's not the problem of the casino but it's the problem of the gambler if it's affecting his entire life and does things according to his will just to make himself satisfied as he gambles.Gambling is one of the businesses that existed for a long time ago, while gamblers come and go because they lose their money in gambling. The gamblers who can't control himself in gambling will be the one who will regret because whenever he plays the games with hard for every gambling games will never give a good result.
Perhaps, that gambler needs to give up from gambling and leave the gambling for a while. He needs to refresh his mind about gambling to know what he should do if he is playing gambling. He can feel satisfied with gambling, but he needs to remember that he doesn't need to lose much money on the games.
Just based on the saying that the longer we play the less chance of winning we have, and there's only one reason why we are at that situation, and that is because we are gambler on games where there's a house edge.
We don't want short-lived entertainment, we as much as possible want to stay on as long as we can, but unfortunately, we sometimes tend to forget that there is a house edge that will eventually come out while you are playing anytime.
If you are looking to make money then plan and time your bet, if you want to have some fun go with all your heart with money that you can afford to lose.
We should really always consider that theres a house edge that will be one of the common reason that gamblers will really be the losers in the end of the day.
We should not think about on making money because if we do treat gambling as a source of income or money making thing then we would just be fucking
up ourselves and would really be caught to addiction.
In general yes, gamblers have to lose more money than win to support the business.
The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.
If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
Your math is wrong, one gambler can win the whole profit from the prize pool, single Jackpot winner can change the balance between losers/winners. The house edge is designed to take from both sides no matter the player wins or loses, that is how casinos operate. A similar situation is not true for bookies because gamblers gamble against the bookie aka house. In the Softswiss platform which provides the majority of slots from different providers, the gamblers share the common pool with win/loss. The payment is not paid by the casino, the winnings from slots are paid directly from the pool, IMHO.The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.
If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
I said that if 5 came in and won and 5 left with the same money there would be nothing left for the casino. It's as simple as that. Where do you see anything wrong with my math?
It's an answer to OP's statement about people losing more than they win in general because if you subtract house edge which I of course know about they statistically leave with less money than they came with.
If you put 1000 players on the floor and give each of them 100 USD you'll see that when the night is over they'll not come out with 100000 USD all together. That's how it works.
In general yes, gamblers have to lose more money than win to support the business.
The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.
If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
Your math is wrong, one gambler can win the whole profit from the prize pool, single Jackpot winner can change the balance between losers/winners. The house edge is designed to take from both sides no matter the player wins or loses, that is how casinos operate. A similar situation is not true for bookies because gamblers gamble against the bookie aka house. In the Softswiss platform which provides the majority of slots from different providers, the gamblers share the common pool with win/loss. The payment is not paid by the casino, the winnings from slots are paid directly from the pool, IMHO. The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.
If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
In general yes, gamblers have to lose more money than win to support the business.
The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.
If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.
If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
And that is why house edge comes in the picture. They need to sustain the business so one way to have profits is by having house edge from their end. Doubt if a certain casino is offering 0% HE, they may have loopholes in the system. Also in gambling, you very well know that once you get inside the casino, the money in your pocket may totally wipe out once you get outside.
In general yes, gamblers have to lose more money than win to support the business.
The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.
If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
The business uses electricity, pays taxes, pays employee wages, damaged machines and tables need to be replaced and of course they have to earn some money on top of the expenses for it to make sense.
If 10 gamblers would come in and 5 would win and 5 would lose the same money, there would be nothing left for the casino.
There always have to be at least 1 loser more compared to the number of winners for it to work.
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This is the nature of gambling and that's how betting sites survive it's not easy to win but not impossible.
For me betting is the exceptionally dangerous approach to twofold your cash. That's why we should bet the amount that we can afford to lose.
Gambling is the business where we should play without taking any panic just stay relax and play with peace.
so true, we only should bet with an amount that we can afford to lose, i made mistakes before in my long experience on gamblingFor me betting is the exceptionally dangerous approach to twofold your cash. That's why we should bet the amount that we can afford to lose.
Gambling is the business where we should play without taking any panic just stay relax and play with peace.
and i made the mistake of betting more than i can afford and ended up losing a lot.
After read this tread and they realize with more money lost than win but why keep continue for gambling without have exactly with profit earning from gambling, I think have change their mind right now, never make gambling for easy way to get much money because you can loss all your assets if you look seriously with gambling. Better you use your money for spot trading with low risk and have bigger chance than you use your money for gambling, you can gambling as funny when you not have other activities, but if waste you all days with gambling just wait one by one all your important thing will gone. Stop for gambling and looking other way for you earn money without have any risk like gambling method because right now you can check with how much your winning and how much your loss in gambling.
This is the nature of gambling and that's how betting sites survive it's not easy to win but not impossible.
For me betting is the exceptionally dangerous approach to twofold your cash. That's why we should bet the amount that we can afford to lose.
Gambling is the business where we should play without taking any panic just stay relax and play with peace.
so true, we only should bet with an amount that we can afford to lose, i made mistakes before in my long experience on gamblingFor me betting is the exceptionally dangerous approach to twofold your cash. That's why we should bet the amount that we can afford to lose.
Gambling is the business where we should play without taking any panic just stay relax and play with peace.
and i made the mistake of betting more than i can afford and ended up losing a lot.
This is the nature of gambling and that's how betting sites survive it's not easy to win but not impossible.
For me betting is the exceptionally dangerous approach to twofold your cash. That's why we should bet the amount that we can afford to lose.
Gambling is the business where we should play without taking any panic just stay relax and play with peace.
For me betting is the exceptionally dangerous approach to twofold your cash. That's why we should bet the amount that we can afford to lose.
Gambling is the business where we should play without taking any panic just stay relax and play with peace.
Gambling is here to stay and the same for their users and that's why many casinos are also being created. While the old and existing ones becoming stronger and staying in the industry for the better. It's not the problem of the casino but it's the problem of the gambler if it's affecting his entire life and does things according to his will just to make himself satisfied as he gambles.
Casinos are not created for their users.
It is created for the profit of the owners and its investors. That is why these owners and these investors don't care whether people are destroying their lives in these games, at the end of the day it is still a business. If the gamblers will not be able to control themselves, they will obviously fall into that pit with regrets and a lot of losses.
We can't win even if we blame the owners, they have permits, they operate their business to be profitable, and that is at the expense of us gamblers, but it should not be viewed as a negative thing as majority of gamblers believe that gambling is an entertainment, hence it will not affect heavily on their financials because most of them are responsible in gambling.
A lose is a lose and that is normal when we gamble, let us not account loses only because we don't lose all the time.
Gambling is here to stay and the same for their users and that's why many casinos are also being created. While the old and existing ones becoming stronger and staying in the industry for the better. It's not the problem of the casino but it's the problem of the gambler if it's affecting his entire life and does things according to his will just to make himself satisfied as he gambles.
Casinos are not created for their users.
It is created for the profit of the owners and its investors. That is why these owners and these investors don't care whether people are destroying their lives in these games, at the end of the day it is still a business. If the gamblers will not be able to control themselves, they will obviously fall into that pit with regrets and a lot of losses.
Obviously gamblers are losing more than their win if we calculate the net difference in the total rewards paid to the total bet amount and that is how the gambling casinos or sites survive here and making profits.Its not a rocket science to understand it either for most but still they prefer to gamble because they feel that they are lucky and can win more money from their betting amount.
Maybe or Maybe not there aren't specific statistics regarding gamblers if there are then please include them.
There are some gamblers that win in starting and never come back and there are others that win, come back and lose everything.
But addiction is on both sides!
So if 1st time winning gambler comes back then they have less chance of winning again depending on the house edge.
But many gamblers losing their control in the gambling after they win, and they think that if they can continue playing gambling, they will have a chance to win.
That is not always right because we know that gambling is based on luck, and we can not always win after winning the game.
A gambler will lose more money if they still playing because they don't have a big chance to win much money.
If they can win small money, it is better to stop for a while and not play more rounds because they can lose that money.
We can admit that gambling is one of the easiest and effective way of earning money or we can say profits. Gambling are the fastest way of income generator yet gambling can also cause negative effect like losing also. If you play gambling, you must aware of some consequences like losing a large amount of money and you need also to be aware on the games that you will play on. For me, gambling profits or loss is always depends on the player. On how he handle the situation and how he strategize in playing. Gamblers must be responsible and not carried away by their negative attitude like greediness.
Gambling is here to stay and the same for their users and that's why many casinos are also being created. While the old and existing ones becoming stronger and staying in the industry for the better. It's not the problem of the casino but it's the problem of the gambler if it's affecting his entire life and does things according to his will just to make himself satisfied as he gambles.
Casinos are not created for their users.
It is created for the profit of the owners and its investors. That is why these owners and these investors don't care whether people are destroying their lives in these games, at the end of the day it is still a business. If the gamblers will not be able to control themselves, they will obviously fall into that pit with regrets and a lot of losses.
Casinos are one of the best example of gambling game that many gamblers came by. If one night of playing they didn't control theirselves and continue to play even if they are losing, they will end up losing money than earning some profits. The owners of casinos is earning while the players are sometimes winning also and sometimes loosing.
Gambling is here to stay and the same for their users and that's why many casinos are also being created. While the old and existing ones becoming stronger and staying in the industry for the better. It's not the problem of the casino but it's the problem of the gambler if it's affecting his entire life and does things according to his will just to make himself satisfied as he gambles.
Casinos are not created for their users.
It is created for the profit of the owners and its investors. That is why these owners and these investors don't care whether people are destroying their lives in these games, at the end of the day it is still a business. If the gamblers will not be able to control themselves, they will obviously fall into that pit with regrets and a lot of losses.
Just based on the saying that the longer we play the less chance of winning we have, and there's only one reason why we are at that situation, and that is because we are gambler on games where there's a house edge.
We don't want short-lived entertainment, we as much as possible want to stay on as long as we can, but unfortunately, we sometimes tend to forget that there is a house edge that will eventually come out while you are playing anytime.
If you are looking to make money then plan and time your bet, if you want to have some fun go with all your heart with money that you can afford to lose.
We admitted that if we play gambling for a long time, we will lose too much money because the chance to win will not be bigger than winning.
So we do not need to use gambling to get entertainment in the long term to prevent the risk of losing money.
I am sure that we can search for another thing that we can use to get entertainment in the long term, and I think that will be safe for us since we are not risking the money to be wasted.
~snip~
They do realize that they have to risk it because they'll use it for gambling. But the ratio of losing people is more than the people who are winning whichever is the source of the money that they'll use. It is no debate that many are losing than winning.
Yes, we agree that many people are losing than winning the games. But that will not stop people from still playing gambling games, and even they will spend longer gambling just to hope that they can be the winner and win some money.
Just based on the saying that the longer we play the less chance of winning we have, and there's only one reason why we are at that situation, and that is because we are gambler on games where there's a house edge.
We don't want short-lived entertainment, we as much as possible want to stay on as long as we can, but unfortunately, we sometimes tend to forget that there is a house edge that will eventually come out while you are playing anytime.
If you are looking to make money then plan and time your bet, if you want to have some fun go with all your heart with money that you can afford to lose.
Gambling is a cash machine and one of the most profitable business in any industries, take a look at the online gambling casinos, every month there are one or two gambling sites, sometimes, even more, launching and the government is supporting gambling casinos because of the amount of taxes they are paying, and gambling casinos gives business and jobs to people and companies, no way the gambling industries are going to lose.
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